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NECA decries increase in Nigeria’s unemployment rate

Dr Timothy Olawale, Director-General, Nigeria Employers Consultative Association (NECA) has expressed concern of the association, at the growing unemployment rate, as released by the National Bureau of Statistics (NBS). Olawale told newsmen on Wednesday, in Lagos, that the recently released data by the NBS was worrisome. NAN also reports that a recently released Labour force report, published by the NBS shows that Nigeria’s unemployment rate as of the end of 2020, rose to 33.3 per cent from 27.1 per cent recorded as of Q2 2020. The report indicated that about 23,187,389 (23.2 million) Nigerians remained unemployed. “While the figure shows that the unemployment crisis is worsening at an alarming rate, it is also instructive to note that the socio-economic factors that increased the figure t...

WTO chief: ‘Safe Schools Initiative’ to stop abduction of students

The Director-General of the World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala, on Wednesday expressed hope that the ‘Safe Schools Initiative’ will help stop the incessant abduction of students across Nigeria. Nigerian women on Wednesday came out en masse to welcome Okonjo-Iweala in her first homecoming since she became the director-general of WTO, during a visit to the Ministry of Women Affairs in Abuja. Addressing the crowd which included Senators and members of the National Assembly, former Ministers, wives of former governors, women in the Armed Forces, women societies, female political aspirants, Civil Society Organisations, as well as students, Okonjo-Iweala expressed deep concern about the incessant abduction of girls and boys in schools. The WTO boss who noted that it is shamef...

FIDA: Women can now serve as surety in Gombe

International Federation of Women Lawyers, Gombe Branch on Friday, hailed the state government over the Administration of Criminal Justice Law which allows women to stand as surety in bail applications. According to the chairperson of FIDA, Elizabeth Okotie, this law enhances the rights and provides justice for Women and Children, adding that, prior to now, women can’t stand as surety in a criminal case in the state. Okotie stated that this will help boost the sphere of influence, likewise the morale of an average Gombe woman. “International Federation of Women Lawyers (FIDA) Gombe Branch wishes to congratulate the government of Gombe State on the successful passing of Administration of Criminal Justice Law in the state which now forms part of the Canon of the state laws. This law enhances...

DMO: Nigerian roads financed with Sukuk not repaying debt as planned

File Photo The Debt Management Office (DMO) has decried the country’s debt service to revenue ratio, describing it as a major issue of concern. Patience Oniha, the Director-General of DMO, said this in Abuja on Thursday at the fifth Budget Seminar (webinar) organised by the Securities and Exchange Commission (SEC). The theme of the budget seminar was, “Financing Nigeria’s Budget and Infrastructure Deficit through the Capital Market.” Oniha stressed the need for infrastructure built with borrowed funds to generate revenue to service the debts. According to her, “We have done the Sukuk, for instance, but the government is the one servicing the debt of those Sukuk. “They (the debts) are not being serviced with revenue from those sources (infrastructure). “I think that when we are talking abou...

NIOB, PSN, 28 others seek more roles for Nigerian professionals

Pool Photo Nigerian Institute of Building (NIOB), Pharmaceutical Society of Nigeria (PSN) as well as 28 other bodies under the umbrella of the Association of Professional Bodies of Nigeria (APBN) have called for more patronage of indigenous professionals. Speaking during the Board Meeting of the Association, president of APBN, Surveyor Akin Oyegbola said it has been proven that Nigerian professionals can hold their own anywhere in the world. The NIOB which is the professional body for Builders in Nigeria as part of its roles act as body which the Government or other official or unofficial authorities or organisations in Nigeria can seek advice, assistance or the expression of views on any subjects of concern or interest, to the Building profession in Nigeria. Oyegbola also said the APBN wi...

Governor Ikpeazu: Oil companies have no presence in Abia

Governor Okezie Ikpeazu of Abia State, has expressed concern that despite the long years of oil exploration in the state, there was nothing tangible people of oil-producing communities in the state have to show for it. Ikpeazu, while receiving the Senate and House of Representatives Joint Committee on Petroleum Industry Bill led by Senator Albert Bassey at Government House, Umuahia, said that Abia oil-producing communities have remained peaceful more than other oil-producing communities in the country, stressing that the peaceful disposition of the communities should serve as a model for the compensation of oil-producing communities. The governor lamented that the oil exploration and production companies who do business in Abia do not pay taxes to the state, but rather reside in neighbouri...

Senator Okon: Nigerian government handling insurgency, banditry with kid gloves

Pioneer National publicity Secretary of the People’s Democratic Party, PDP, Senator Anietie Okon has expressed concern that President Muhammadu Buhari-led administration is handling insurgency and banditry in the northeast and north-west with kid gloves. Okon who is also the Spokesperson of Akwa Ibom Leaders Vanguard, made the assertion yesterday during an interaction with newsmen in Uyo, the state capital. He regretted that the same government left the armed bandits, and Boko Haram insurgents destroying lives and property to be moving freely but deployed military forces to the Southeast to descend on unarmed agitators. His words, “It is unfortunate that the Buhari-led Federal government is treating insurgents and armed bandits with kid gloves by leaving them to operate freely on daily bas...

Liverpool’s centre-back crisis worsens as manager confirms Ozan Kabak injury

Kabak was brought into Anfield during the January transfer window following a series of injuries at centre-back for Liverpool. The 20-year-old has not made an ideal start to life in the Premier League. His debut came against Leicester City, where his mix up with goalkeeper Alisson allowed Jamie Vardy to tap home to put the Foxes 2-1 ahead late on. After a victory in the Champions League over RB Leipzig, the Turkey international was once again under fire after the 2-0 home defeat to Everton in the Merseyside derby. This was followed by a victory at Bramall Lane, before a 1-0 loss against Chelsea. Kabak is now believed to be a doubt for the visit of relegation strugglers Fulham, as reported by Times journalist Paul Joyce on Twitter. The extent of his problem is currently unknown. The loanee ...

CNG: Northerners should be wary of Yayaha Bello, Femi Fani-Kayode

The Coalition of Northern Groups, CNG, has said that Kogi State governor, Yahaya Bello, and Chief Femi Fani-Kayode, fooled the Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria, AUFCDN, to suspend its strike action and resume supply of food items to the South. It also said northerners should be wary of the duo, who it accused of being driven by personal interests and not the interest of the North. The leading northern group said this in a statement by its spokesman, Suleiman Abdul-azeez, made available to newsmen today. The statement reads: “The Coalition of Northern Groups CNG is of the view that the conclusion to suspend strike action embarked by the cattle and foodstuff dealers under the aegis of the Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria (AUFCDN) was fo...

NANS asks Nigerian government to declare abductors of students terrorists

Following the gale of abductions of school children in the Northern part of the country, the National Association of Nigerian Student (NANS), has advised the federal government to list bandits perpetrating such horrendous crime as terrorists. Newsmen averred that the abduction of over 300 schoolgirls from Government Girls Junior Secondary School, Jangebe, Maru Local Government Area of Zamfara State in the early hours of Friday, was an indictment and clear indication of the failure of the nation’s security apparatuses. Again, NANS advised the government to convey a National Security Summit towards galvanizing the best brains in providing ideas and innovation to combating the country’s multi-faceted security challenges. In a statement in Ado-Ekiti, on Sunday, NANS National President, Com. Su...

Australia’s competition chief claims victory after Facebook standoff

The architect of Australian media reforms being watched around the world claimed victory on Wednesday, even as critics said concessions to the laws forcing Big Tech to pay for news content have given Facebook and Google a get-out clause. The Australian government made late changes to the laws after Facebook last week blocked news content in Australia, escalating a dispute over the proposed legislation and catching international attention. The amended legislation is expected to pass the Senate this week, despite opposition from some minor opposition parties and independent politicians who argue it disadvantages smaller news companies. Rod Sims, the chairman of the Australian Competition and Consumer Commission (ACCC), told Reuters the bargaining power imbalance he was tasked with correcting...

U.S. to de-link Ethiopian aid pause from dam policy

The U.S. State Department on Friday said Washington will de-link its pause on some aid to Ethiopia from its policy on the giant Blue Nile hydropower dam that sparked a long-running dispute between Egypt, Ethiopia and Sudan. U.S. State Department spokesman Ned Price told reporters that President Joe Biden’s administration will review U.S. policy on the Grand Ethiopian Renaissance Dam (GERD) and will assess the role the administration can play in facilitating a solution between the countries. A bitter dispute between Egypt, Ethiopia and Sudan over the filling and operation of the dam remains unresolved even after the reservoir behind the dam began filling in July. “We continue to support collaborative and constructive efforts by Ethiopia, Egypt and Sudan to reach an agreement on the GERD,” P...