News

NLC, TUC Insist On N250,000 Minimum Wage, After Meeting With President Tinubu

Published

4 months ago

July 12, 2024

Admin

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have upheld their demands for a N250,000 minimum wage and the N62,000 figure proposed by the tripartite committee, pending further discussions with President Bola Tinubu.

Following the meeting, Comrade Joe Ajaero, President of the Nigerian Labour Congress (NLC), expressed the union’s steadfast stance on their demand for a minimum wage of N250,000.

Speaking to State House correspondents, Ajaero clarified that the engagement with President Tinubu was more of a discussion rather than formal negotiation.

He noted that while progress was made during the dialogue, further deliberations are slated to resume next week.

“In real sense, it wasn’t a negotiation but a discussion and we have had that discussion. We agreed to look at the real terms probably and reconvene in the next one week.

“So that’s where we are because we didn’t go down there to talk naira and kobo. At least there were some basic issues that we agreed on.”

Asked whether the organized labour insisted on the N250,000 demand at the meeting, the NLC President said, “I remember mentioning that we didn’t go into naria and kobo discussion. Now the status quo in terms of the amount N250,000 and N62,000 remains until we finish this conversation.”

Also speaking, the President of TUC, Comrade Osifo said that the organized labour put all the economic indices on the table and how it was biting on Nigerians.

Fielding questions on the issues you agreed upon at the meeting, he said, “In the meeting we tried to put the issues on the table. Issues that are bordering and bitting Nigerians today, the economic difficulties and the value of naira, how it has also eroded, how these have affected the prices of commodities and goods in the market.

“So, we tried to put these before Mr President because he is the President of the country and the bulk stops at his table.

“We have had all the conversations with all his agents, but today (Thursday) we said let us meet with the father of the country and have this conversation and make the argument that Labour always make.

“We made all the arguments, the economic analysis, macro, micro, fiscal and monetary issues. so we put everything forward and at the end, the President made his remark as the President and we all agreed let’s go back to internalize it, have some conversations and by one week time, we will come back and we will continue the meeting.”

News

Core Public Servants hail Tinubu for appointing thoroughbred Procurement officer, Adedokun as BPP DG

Published

1 hour ago

November 15, 2024

Austin Ojomah

A group under the aegis of Core Public Servants, CPS hail President Bola Tinubu for appointing Dr Adebowale Adedokun, a thoroughbred Procurement officer as the Director General of Bureau of Public Procurement, BPP.

CPS in a congratulatory letter signed by Kudirat Akindero to Adedokun lauded President Tinubu for following due process and picking the most qualified to run the affairs of the soecialised agency.

In the letter, the ADSC said:

“Congratulations to Dr. Adebowale Adedokun, PhD (MCIPS, CMILT), on his appointment as the Director-General/Chief Executive Officer of the Bureau of Public Procurement (BPP).

“This significant achievement reflects his extensive expertise and unwavering dedication to advancing public procurement in Nigeria.

“With over 20 years of robust experience in public service, Dr. Adedokun has made substantial contributions to procurement reform.

“His distinguished academic background includes a doctorate in Procurement and Supply Chain Management, complemented by four master’s degrees in Procurement, Finance, Technology, and Transportation Management.

” This diverse educational foundation equips him with a comprehensive understanding of the complexities inherent in procurement processes.

“In his career, Dr. Adedokun has held pivotal roles, including serving as a National Consultant for the United Nations Development Programme (UNDP) on public procurement reforms.

“He represents Nigeria in the International Research Study on Public Procurement (IRSPP) and serves as a World Bank Resource Person on Sustainable Procurement. His commitment to capacity building is evident in his training of over 4,000 federal and state government procurement professionals nationwide.

” Additionally, he has been instrumental as the focal point officer for the UN Women Project aimed at empowering women in procurement in Nigeria and as the Project Coordinator/Procurement Node for the SPESSE – World Bank Project.

“Dr. Adedokun’s professional affiliations are extensive, including membership in the Chartered Institute of Procurement & Supply (CIPS), UK; Chartered Membership in the Chartered Institute of Logistics & Transport (CILT); Fellowship in the Institute of Strategic Management Nigeria (ISMN); Fellowship in the Institute of Management Consultants (ICMC), Nigeria; membership in the Nigerian Institute of Chartered Arbitrators (ACArb); Fellowship in the Nigeria Institute of Training & Development (NITAD); membership in the Nigeria Institute of Management (NIM); and membership in the Association of Certified Fraud Examiners (ACFE).

In recognition of his consistent contributions to reform, Dr. Adedokun was honored with a Certificate of Special Recognition by USAID’s Nigerian Reforms Project in July 2009.

As he assumes the role of Director-General of the BPP, Dr. Adedokun’s extensive knowledge and experience are anticipated to significantly contribute to the agency’s strategic repositioning.

” His leadership is expected to advance efficiency, transparency, and accountability within Nigeria’s public procurement system.

Once again, congratulations to Dr. Adebowale Adedokun on this well-deserved appointment.

News

Brain Drain, Infrastructure, Resource Allocation Challenges Of Health Sector – Reps

Published

1 hour ago

November 15, 2024

Gloria Ikibah

By Gloria Ikibah

The House of Representatives has highlighted the detrimental impact of the mass migration of health workers from Nigeria, describing it as a major challenge to the country’s healthcare system.

The Chairman, House Committee on Health Institutions, Rep. Amos Magaji, stated this during a public hearing on 16 bills aimed at establishing various health institutions, on Thursday in Abuja.

Rep. Magaji underscored the need for better distribution of healthcare facilities, particularly in rural areas, to address population growth and healthcare gaps.

He noted, “Recently, there has been an enormous migration of doctors, nurses, and other health workers in search of ‘greener pastures,’ leaving Nigeria’s health sector severely understaffed. To improve the sector, we must invest in human resources, medical intelligence, and the administrative appointment of capable persons based on merit.”

The Chairman also brought to light the infrastructural deficiencies in healthcare institutions across the country, citing inadequate funding, lack of maintenance, and insufficient equipment as recurring issues.

The Minister of Health, Prof. Mohammed Ali Pate, represented by Dr. Jimoh Olawale Salahudeen, in his submission warned against the duplication of health institutions, and stated that such efforts would strain the already scarce resources.

He explained, “Existing Federal Teaching Hospitals and Medical Centers in Nigeria, including those in the North West, already provide cardiovascular care and related services. Establishing a new institute would add financial burden without addressing the core issues.”

Pate also acknowledged the migration of health workers and the need for a stronger workforce to handle emerging health challenges.

“The Federal Ministry of Health supports the establishment of new institutions but insists on considering geographical spread, population density, and disease burden in proposed locations,” he added.

The hearing emphasised the need for balanced development in the healthcare sector, adequate funding for existing institutions, and policies to retain health professionals in Nigeria.

News

Access Bank (UK) Limited to Acquire AfrAsia Bank Limited

Published

2 hours ago

November 14, 2024

Gloria Ikibah

By Gloria Ikibah

Access Holdings PLC has announced that its subsidiary, The Access Bank UK Limited (“Access UK”), has signed a binding agreement to acquire a majority stake in AfrAsia Bank Limited, the third-largest bank in Mauritius by total assets.

Mauritius, known for its strong financial sector, which contributes 13.4 per cent to its GDP, offers Access UK a strategic base to grow its personal and corporate banking services.

This was contained in a statement by its Company Secretary, Sunday Ekwochi, made available to Naijablitznews.com on Thursday.

According to Ekwochi, the acquisition will also position Mauritius as a hub for Access Bank’s trade finance operations, enhancing its ability to manage cross-border transactions across Africa and internationally.

AfrAsia Bank, as of June 30, 2024, reported total assets of over $5.7 billion and a net profit after tax of $152.4 million, underlining its solid financial position.

**Key statements on the acquisition:**

– Managing Director/CEO of Access Bank Plc, Roosevelt Ogbonna, speaking on the acquisition said: “This acquisition is a crucial step in our African growth strategy, strengthening our position as a top Pan-African financial institution. Mauritius’ role as a financial hub aligns with our vision to unlock opportunities that drive trade, support businesses, and promote economic inclusion across the region.”

Also Managing Director of Access Bank UK, Jamie Simmonds, stated: “AfrAsia Bank’s strong balance sheet and established brand in Mauritius give us a solid platform for sustainable growth. This deal supports our strategy to diversify earnings and provide clients with seamless access to global markets.”

Access Bank UK aims to promote sustainable growth, deliver innovative financial solutions, and support trade between Africa and the world.

The acquisition process will be finalized in the coming months, with updates provided as needed.