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Breaaking: Cash difficulty: NLC, TUC extend strike ultimatum by two weeks

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Following consultations with their respective affiliate unions regarding the cash crunch policy, the leadership of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have decided to extend their strike ultimatum that they had previously issued to the federal government for two additional weeks.

On Tuesday, following a discussion with the members of the National Executive Council, the decision was shared with the public.

You may recall that the NLC had issued an ultimatum threatening to go on strike beginning from Wednesday, nationwide. As part of this threat, the NLC had planned to picket the various branches of the Central Bank of Nigeria.

It is, however, unclear whether a meeting between the leadership of the NLC and CBN that was called for by the Minister of Labour and Employment, Chris Ngige, was the impetus behind the decision to extend the ultimatum for an additional two weeks.

Read Also: Breaking: Ayu’s Kinsmen Attack PDP Headquarters as Party Crisis Gets Worse

The President of the NLC, Joe Ajaero, had admitted that the cash crunch situation had significantly improved, but that they needed to monitor the compliance of cash disbursement through the commercial banks for two more weeks. This is because they need to ensure that the cash is being distributed properly.

Festus Osifo, the president of the TUC, echoed Ajaero’s sentiments when he said that there was a need to benchmark the government. He was speaking not only about the shortage of cash, but also about the difficulties associated with fuel products and never-ending queues, as well as the price of electricity.

According to Osifo, the Central Bank of Nigeria (CBN) made a mistake when they allowed the confidence of the people in their monetary policy to be eroded; as a result, the CBN needs to restore the confidence of the people within the grace period of two weeks.

 

President Buhari begins oil exploration in Nasarawa

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On Tuesday, President Muhammadu Buhari cut the ribbon on the first oil drilling operation at the Ebenyi-A Exploration Well. The well is located in the Middle Benue Trough in the Obi Local Government Area of the Nasarawa State.

In his speech during the well’s “virtual spud-in ceremony,” Nigerian President Muhammadu Buhari admonished the Nigerian National Petroleum Company Ltd. (NNPCL) and its partners to take appropriate precautions regarding the environmental effects of oil exploration activities and to take steps to mitigate the adverse effects.
It is important to remember that Governor Abdullahi Sule of Nasarawa State and Malam Mele Kyari, Group CEO of NNPCL, were among the individuals who performed the spud-in ceremony on behalf of President Buhari.
In addition to these notable figures, other dignitaries such as Mr. Gbenga Komolafe, Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), retired Justice Bage Muhammad, Emir of Lafia, and various royal fathers were present.

The President of Nigeria, Muhammadu Buhari, stated that the recent oil find was in line with ongoing campaigns for the exploration of crude oil and gas in the country’s Frontier Basins.
“The event that we are celebrating today is significant because it marks the official beginning of exploration drilling activities in the Middle Benue Trough.

“This is consistent with the commercial discoveries of hydrocarbons in the Kolmani Area of the Upper Benue Trough,” the researcher said. “This is consistent with the findings.”

“I am pleased to note that activities are currently underway to develop the Kolmani petroleum discoveries into commercial production in order to add to the substantial hydro-carbon assets held by the nation.

“I am encouraged by the enormous work done by NNPC Limited to exploit the prospects in the Middle Benue Trough, leading to the event of today,” he said. “I am encouraged by the enormous work done by NNPC Limited to exploit the prospects in the Middle Benue Trough.”

The President extended his gratitude to the NNPCL, the NUPRC, and all of the other partners for the significant contributions they made to ensuring the success of the exploration.

He expressed his happiness with the subsequent successful outcomes of the drilling campaigns, which he said would lead to increased prosperity for Nigerians and especially improve the country’s overall energy security. He also expressed his pleasure with the positive outcomes of the drilling campaigns.

Buhari went on to say that the communities that were close by would especially benefit from the value that would be created by the activities of exploration and eventual production.

He also thanked the government of Nasarawa and the people of Nasarawa, particularly the community that had hosted the exploration team, for their unrestricted support and collaboration, which contributed to the success of the exploration campaign.

Breaking: Ayu’s Kinsmen Attack PDP Headquarters as Party Crisis Gets Worse

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The People’s Democratic Party (PDP) stakeholders from Igyorev Ward in Ipav, Gboko Local Government Area of Benue State are currently at the National Secretariat in Abuja, where they are speaking at a press conference. The press conference is being held at the National Secretariat.

Members of the PDP’s Igyorev ward, which is the geographic origin of Dr. Iyiorchia Ayu, the party’s National Chairman, are included among the parties involved in this dispute.

You may recall that a member of the ward executive had made the announcement that Ayu’s membership in the party would be suspended.

Details later…

 

In Uyo, EFCC detains 18 suspected internet fraudsters

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On March 24, 2023, agents of the Economic and Financial Crimes Commission (EFCCUyo )’s Zonal Command made 18 (18) arrests of suspected internet fraudsters in Uyo and Mberebe, two local government areas in Akwa Ibom State’s Etinan Local Government Area.

The suspects, whose ages range from 19 to 31, were detained as a result of useful information connecting them to alleged online criminal activities.

Read Also: Eagles don’t need Peserio to deliver, says ex-NFF board member

They were found with laptops, smartphones, and a Point of Sale (POS) device.

When the investigations are complete, the suspects will be arraigned.

Eagles don’t need Peserio to deliver, says ex-NFF board member

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The Super Eagles are a group of talented players without good coordination or a head coach, according to Sani Fema, a former member of the Nigeria Football Federation (NFF) board.

Fema, who is currently the Senate President’s Special Assistant on Sports, revealed this on Monday in Abuja during an interview with the News Agency of Nigeria (NAN).

In the second leg of the 2023 Africa Cup of Nations (AFCON) qualifier, which was played on Monday at the Estadio 24 de Setembro Stadium in Guinea Bissau, the Super Eagles defeated the Djurtus of Guinea Bissau 1-0.

In the first leg of their match, the Djurtus humiliated the Nigerian team 1-0 three days prior at the Moshood Abiola Stadium in Abuja.

Read Also: Nigerians have right to choose their leaders, says Boris Johnson

Fema countered that the Eagles’ performance in Bissau had demonstrated their ability to compete with and defeat any team in the world, but added that they lacked the technical staff necessary to bring out the best in their players.

“We have the players to compete against any team in the world, but the problem is that we don’t have a good coach. I’m sorry to say this, but our technical staff isn’t up to par.

“It is clear that the players performed admirably in Guinea-Bissau, particularly in the first half when the home team was unable to attack them.

“The team has really impressed me, but as I mentioned, we lack a strong technical crew.

“I do not support Peserio; I favor our regional athletes.

“People like Sunday Oliseh and Emmanuel Amuneke could be our coaches. One of the best coaches in the world is Oliseh.

If you combine Oliseh with Amuneke and Salisu, the Super Eagles will be successful because the players will listen to them because they were a part of the team before them, according to Fema.

He believes that Oliseh is the most qualified Nigerian coach to manage the current Eagles.

Fema noted that Oliseh’s brief time as the team’s coach was hindered by events beyond his control, but that the environment is now suitable for him to succeed with the team.

“I promise you, if you give Oliseh this caliber of players, the team will be the pride of the world.

Imagine that these players were able to earn a maximum three points while playing on a soggy field in Guinea-Bissau.

Read Also: Galaxy backbone wants EFCC’s collaboration on cyber security, training

He claimed that neither Sierra Leone nor Sao Tome and Principe could prevent the Super Eagles from winning Group A and selecting the AFCON ticket.

Galaxy backbone wants EFCC’s collaboration on cyber security, training

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Professor Muhammad Bello Abubakar, the managing director of Galaxy Backbone Limited, has urged his organization and the Economic and Financial Crimes Commission (EFCC) to cooperate actively in the areas of training and cyber security.

On Monday, March 27, 2023, he called from Abuja while paying Mr. Abdulrasheed Bawa a courtesy visit at the EFCC’s corporate headquarters.

Abubakar stated that his organization was interested in exploring opportunities for cooperation with the EFCC in the areas of data storage, cyber security, and employee training.

Read Also: Cash squeeze: Ngige meets NLC, CBN to avert protest

He said, “I believe organizations like the EFCC would want to explore using our training, particularly information communication technology, ICT, training, to train their personnel to keep them up to date on the current cyber security challenges.

He commended the EFCC for its accomplishments and successes since the Chairman took over as the Commission’s leader.

“I’ll start by congratulating the Chairman on his accomplishments and victories since being named the Executive Chairman of the Commission.

The government made a wise choice in appointing a pioneer cadet of the Commission to lead the EFCC.

In response, Bawa claimed that without utilizing technology in its day-to-day operations, including case file management systems, human resources management, and the creation of a corruption reporting application, Eagle Eye App, among others, the EFCC could not have achieved the successes mentioned.

Without utilizing ICT, there is no way that we could perform this kind of work here… Creating software that might eventually render us paperless is one of the things we have done, the man said.

Read Also: Amotekun detains two minors in Osun for breaking into shop, stealing

He urged the development of what he called a “e-governance structure” that would make sure that the majority of government ministries, departments, and agencies, or MDAs, are electronically integrated.

Amotekun detains two minors in Osun for breaking into shop, stealing

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Two boys are accused of breaking into a store in Osogbo and stealing food items as well as some cash, according to Amotekun Corps in Osun.

On Tuesday, retired Brig.-Gen. Bashir Adewinmbi, the commander of the Osun State Amotekun, informed reporters of this.

The boys, who are 13 and 11 years old, according to Adewinmbi, broke into a store in Asubiaro, Osogbo early on Saturday morning and stole cash, recharge cards, noodles, and drinks.

Read Also: Nnamdi Kanu responds to GTI’s clarification that IPOB is not a terrorist group.

He claimed that the suspects were later detained after the shop owner reported the incident to Amotekun Osogbo Command, at around 6.24 p.m., in an unfinished building.

After our operatives received information about the pair’s whereabouts, they were apprehended at their hiding place.

The suspects admitted to carrying out the crime while being questioned, according to Adewinmbi. “The suspects were caught with some of the stolen items still in their possession.”

He claimed that the boys’ parents, who had come to request their release, had pleaded with the shop owner and agreed to pay for the loss of the items as well as any damages.

The suspects were later released to their parents, according to the Amotekun commander, after a deal was reached with the shop owner.

Read Also: Nigerians have right to choose their leaders, says Boris Johnson

Following that, Adewinmbi gave parents advice to make an effort to raise their kids morally, keep an eye on their behavior, and always be curious about who their friends and companions are.

He advised parents to keep a close eye on their kids’ movements and make sure they are always aware of where they are.

Nigerians have right to choose their leaders, says Boris Johnson

Additionally, he called on Nigerian politicians to ensure that millions of citizens realize their potential, citing equal rights and access to education as two important prerequisites.

The 16th annual Osigwe Anyiam-Osigwe lecture, with the theme “Rehumanising Human Experience: A Synopsis of Anyiam-Treatises,” Osigwe’s featured Johnson as the keynote speaker.

While many Nigerians have not yet realized their full potential, he noted that politicians must foster environments that allow people to do so, “because not only is it morally right, it is certainly right if we care about human development and giving everyone the chance to express their potential.”

According to the British parliamentarian, if people were treated equally before the law, they would realize their full potential. He added that equality before the law is what made Britain what it is today.

“First and foremost, you need equality before the law because that is the basis of freedom,” he said. In Britain, you will be subjected to the same scrutiny and protection regardless of your wealth.

Read Also: Nnamdi Kanu responds to GTI’s clarification that IPOB is not a terrorist group.

“The ability to pick your own representatives and to remove them from office is the next great freedom. Democracy is what it’s known as he added.

Insisting on the need for an accepting society where diversity is valued, he claimed that this was what made London a talent hotbed.

Johnson, who argued for closer ties between Nigeria and Britain, claimed that doing so would enable both nations to realize their full potential.

“The time is now,” he declared. Now is the time for Britain and Nigeria, two great democracies, to cooperate in an uncertain world where some countries are detaching from one another. Nigeria can produce both oil and gas and be a superpower in the field of renewable energy. We could work together more frequently.

He suggests further cooperation in the areas of free trade, free speech, and free elections.

He added that “urban successes are built on freedom under the law,” stating that “you need an open, tolerant society to develop human potentials.”

According to Johnson, Lagos is to Africa what London is to Britain. However, he urged the Lagos State Government to enhance its transportation network, noting that being stuck in traffic for a long time can be extremely frustrating.

He suggested that the state government study the mass transit system in Britain rather than traveling to “China or Russia.”

He cites Lagos, London, and Los Angeles as the three states with the strongest creative industries. He honored Peace Maria Anyiam-Osigwe, the late CEO of the Africa Movie Academy Award (AMAA), for her contributions to the growth of the creative sector in Africa.

Charles Anyiam-Osigwe welcomed dignitaries to the lecture and described it as “an adventure within the bounds of the submission of Emmanuel Anyiam-Osigwe on how we can vastly realise a better world order.” He holds various views on man as the main driving force of sentient existence in this construct. He claims that “man is the center of the universe” in his fragments. In light of this, he assesses how important humans are as the engine that propels sentient existence and its social structure.

“Man has lost touch with the qualities and definitions that define him as a human being, which is why poverty exists and social unrest characterizes the current world order. The human person loses the insight that comes with his intuitive prowess beyond the ordinary when his mental identity and esoteric being become disconnected.

President-elect Asiwaju Bola Tinubu, who was represented by the former deputy governor of Lagos State Otunba Femi Pedro, Governor Babajide Sanwo-Olu of Lagos State, who was represented by his deputy Obafemi Hamzat, former Commonwealth Secretary-General Chief Emeka Anyaoku, and Labour Party (LP) presidential candidate Peter Obi were among the dignitaries present at the event.

Pedro claimed that Tinubu is already gearing up to lead Nigeria to new heights. He urged attendees and dignitaries who attended to relax, knowing that Nigeria is in capable hands. Nigeria is traveling far, and Tinubu is the pilot, said Pedro.

Anyaoku spoke highly of Mr. Johnson’s accomplishments, particularly how he prioritized the needs of the populace.

He described Mr. Johnson as a remarkable British leader and politician.

“He has thus far left political legacies in contemporary Britain. Since he was the Prime Minister and followed the majority of British citizens’ decisions, it was he who (in colloquial terms) “got Brexit done.”

He declared, “I think if we were to effectively pursue the theme of this lecture, comprehensive welfare of the people should be the bedrock of policies and actions of politicians and actions throughout the world.

He urged Nigerians to uphold their nation’s honor and refrain from demeaning or misrepresenting it.

A High Court sitting in Makurdi, Benue State, yesterday barred Dr. Iyorchia Ayu from posing as the national chairman of the Peoples Democratic Party (PDP), further exacerbating the crisis that has gripped the party.

This came after a PDP chieftain, Comrade Terhide Utaan, filed an ex-parte application seeking an interim injunction barring Ayu from continuing to pose as the party’s national chairman.

Senator Iyorchia Ayu, Comrade Utaan, and the PDP were respondents in the lawsuit MHC/85/ 2023 and motion MHC/633M/2023 before Justice W. I. Kpochi. The plaintiff requested an order of interim injunction preventing the first defendant, Dr. Ayu, from further misrepresenting himself as the national chairman of the PDP while the motion on notice already filed was being heard and decided.

Three exhibits, labeled A1, A2, and B, were annexed to a 15-paragraph affidavit that served as support for the application.

The applicant’s membership cards for the second defendant (PDP), payment receipts for dues, and the vote of no confidence for the first defendant (Ayu) from his Igyorov council ward in the Gboko local government are the exhibits.

The case was postponed until April 14, 2023, by Justice Kpochi.

Following Ayu’s weekend suspension by his ward for allegedly engaging in anti-party activities, the court issued the order.

Ayu, however, declared his suspension to be void and asserted that only the National Executive Committee (NEC) had the authority to enact such a measure.

Ayu asserted that some of the party’s executive committee members in his ward were teleguided by what he called Makurdi’s political gamblers to cause trouble.

Article 57(7) of the PDP Constitution, as amended in 2017, expressly forbids any organ of the party or executive committee of the party at the Ward or State level from taking any disciplinary action against any member of the party’s National Executive Committee, according to a statement made by his Special Adviser on Media and Communications, Simon Imobo-Tswam.

The PDP Executive Committee of Igyorov Council Ward of Gboko Local Government Area in Benue State has passed a vote of no confidence on the PDP National Chairman, Dr. Iyorchia Ayu, and suspended him from the party, according to a resolution passed at the conclusion of the meeting of party executives at the Ward level and read by its Secretary of Igyorov, Mr. Banger Dooyum.

“He (Ayu) was involved in anti-party activities, making the PDP lose at his ward and local government along with his allies, who also didn’t vote at the governorship election,” Mr. Dooyum stated while reading the ward Exco’s resolution.

Ayu was also charged with violating the party constitution by failing to pay his yearly dues.

Chief Olabode George, a member of the party’s Board of Trustees, expressed concern over the situation and pleaded with the feuding factions to refrain from taking any actions that would endanger the party.

He asserts that Ayu made mistakes by failing to resign as party president when a northerner emerged as the front-runner, which led to the party’s defeat in the election.

But he issued a warning, urging party members to use the post-election period for reconciliation rather than to destroy the party for good.

Read Also: Cash squeeze: Ngige meets NLC, CBN to avert protest

He urged party members in Ayu’s ward to follow due process, asserting that only the NEC has the authority to suspend or punish Ayu or any other national leader of the party.

Nyesom Wike, the governor of Rivers State, responded by saying that the battle against Ayu has just begun.

The governor declared that it is now unthinkable to give the party’s leadership to anyone who was unable to carry their political unit, ward, council, or state for the PDP during the most recent general elections.

Wike made this statement yesterday at the opening of the renovated Community Secondary School in Okoro-nu-Odo, in the state’s Obio-Akpor Council.

The catastrophic defeat of the PDP under Ayu’s leadership in his unit, ward, local government, state, and federal levels, according to the governor, makes it morally offensive for him to continue serving as the party’s national chairman.

He claims that Ayu’s suspension marks the start of the battle to keep the party together.

Breaking: One of the highest-ranking lawmakers in the House of Assembly of state of Imo is dead

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Egwim reportedly died on Monday, a few days after having surgery in Lagos.

He served as the state House of Assembly’s representative for Ideato North Constituency up until his death.

He was first chosen to serve in the state House of Assembly in 2015 under the APC banner and was returned in 2019 under the Action Alliance banner.

In the recently concluded National Assembly elections, he ran for the House of Representatives seat on the All Progressives Grand Alliance platform, but lost.

An unnamed source told our correspondent on Monday night that the man recently became ill, underwent surgery, and then passed away.

 

 

Cash squeeze: Ngige meets NLC, CBN to avert protest

Members of the Nigeria Labour Congress (NLC) were planning to strike and picket the CBN offices across the country, so yesterday, the Minister of Labour and Employment, Dr. Chris Ngige, met with Joe Ajaero, the president of the NLC, and top CBN officials, including Governor Godwin Emefiele.

Ngige urged the NLC to engage the CBN through productive dialogue rather than causing further harm to the already unstable economy when he met the groups at the Ministry of Labour in Abuja.

According to a trustworthy source who attended the meeting, Ngige stated that social dialogue would enable the CBN to make adjustments sooner rather than when Labour pushes the economy into a crisis.

He claimed that the CBN had responded significantly, but that more money needed to be released into the economy in order for it to reach all areas of the nation.

The CBN promised, according to the source, to make sure there is enough money available for the economy.

According to the source, “he promised that they will ensure cash flow in the economy and promised to extend and deepen what they are already doing, to ensure it circulates. He also promised that by tomorrow there will be a greater improvement in the availability of cash.

At the meeting, Ajaero stated that it was necessary to provide a fresh directive on what had been observed to the National Executive Council (NEC) of Congress.

“Since our NEC members come from various states, they will each present a report on the situation in their respective states. Therefore, decisions regarding whether to go on strike or not will be made in light of their experiences in their respective states, according to Ajaero.

Additionally, the NLC instructed staff to inform state councils when banks were not dispensing cash.

Read Also: We mistakenly ranked IPOB among world’s deadliest terror groups: U.S. Institute

According to reports, the NLC has scheduled a meeting of its NEC for today to make a final decision regarding the planned nationwide strike for Wednesday.

Following its penultimate Friday NEC meeting, where affiliate unions and state councils were instructed to keep an eye on the cash situation and the progress banks were making with regard to cash disbursement, the NLC issued the directive.

Recall that last week, CBN representatives met with NLC leaders to inform them of the apex bank’s efforts to stabilize the country’s cash situation.

In an effort to alleviate the shortage, the CBN officials also disclosed to the NLC that about N20 billion was distributed last weekend, with Lagos receiving N4 billion and Abuja receiving N2 billion, respectively.

In order to stabilize the situation, the apex bank also instructed banks to extend their hours of operation and work on Saturday and Sunday.

Ajaero is scheduled to address the media in Abuja today to announce the organized labor movement’s next course of action, amid rumors that the planned industrial action may be put on hold.

The NLC activated its state councils and affiliates at its National Executive Council (NEC), which was held via Zoom last Friday, according to a source in Abuja last night. However, there is still no decision on the precise date the protest will take place.

“What we decided to do at the Friday meeting is not anchored on an identifiable level of improvement,” the source said. A team from the CBN approached the Center about the problem. The team described the steps taken by the CBN to ensure there is money.

“They described to us some of the difficulties they face in carrying out that. After being informed of all of these, the NLC can no longer declare the protest. I must say that the NLC is not motivated to stage protests merely for show. We did not specify at the meeting what level of improvement is required before we move forward or stop the process. Therefore, before we decide, we will consider the availability between today (yesterday) and tomorrow (Tuesday).

This is in light of the fact that the majority of banks have confirmed receiving cash, and ATM lines for cash were quite long. Most banks in Abuja’s central business district only offered cash at the counter.

Customers can now withdraw up to N200,000 over the counter, while corporate bodies can access up to N500,000, according to a banker who spoke on the record under the condition of anonymity.

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“The CBN has ordered that the suspended withdrawal caps be lifted,” he continued. Corporate entities can now collect up to N500,000, while private individuals can only get N200,000. Additionally, we have a respectable sum of cash to use at the ATMs. As you can see, the pressure we were under has decreased since a few weeks ago.