The House of Representatives has called on President Muhammadu Buhari to immediately reinstate the sacked Director-General of the National Directorate of Employment (NDE), Nasir Argungu. The lawmakers made the call on Tuesday while adopting a motion brought under matters of urgent national importance by Olajide Olatunbosun. The motion focussed on the 774,000 temporary jobs to be created in public works, initiated by the Buhari administration. The jobs led to a disagreement between the lawmakers and the minister of state for labour, Festus Keyamo. Mr Argungu is believed to have sided with the lawmakers. The lawmakers condemned the sack of the DG whom they described as a man that stood up for the right thing to be done. President Muhammadu Buhari had last week, through his spokesperson, anno...
The Senate Committee on Local Content has threatened to sanction the Ministers of Labour and Employment, Chris Ngige and Festus Keyamo, over their failure to appear at an investigative hearing on diving operations in the oil and gas industry. It also threatened to sanction the managing directors of international oil companies (IOCs) in Nigeria for the same reason. The IOCs MDs include ExxonMobil, Total and Chevron. The chairman of the committee, Teslim Folarin, said this at the hearing on Thursday after they all failed to show up for the event which was meant to review the challenges experienced by diving operators in the sector. The invitation followed a debate on a motion on the urgent need to ensure strict compliance with statutory regulations and provisions on Nigerian diving sector. P...
South Africa on Tuesday assumed the rotating monthly presidency of the United Nations Security Council. During the month, South Africa will focus on strengthening the cooperation between African Union (AU) and United Nations, and emphasising the importance of a proactive approach to the maintenance of international peace and security, particularly in the form of drawing greater attention to “preventative diplomacy mechanisms,” Jerry Matjila, permanent representative of South Africa to the UN and president of the Security Council for the month of December, told journalists during a hybrid press briefing at the UN headquarters in New York. This is South Africa’s second presidency during its two-year (2019-2020) elected term on the council. December will also be the country’s final month on t...
Nigeria-based fintech solution, NowNow, has said that it will continue to upgrade its services to attune to current realities, such that will drive economic and social growth. Founder of NowNow, Sahir Berry, while speaking on how COVID-19 pandemic has disrupted the financial space recently, mentioned that Nigeria needs to strengthen its fintech space more than before. Berry stated that it was important for Nigeria to tap into the trends and prospects of fintech given the country’s large unbanked or underbanked. He added the company recognised this gap in Nigeria, which informed its investment in the space. “In 2017 we identified that one of the two big problems in Nigeria was lack of youth empowerment and financial inclusion. With a population of almost 100 million youths, we found that ac...