Productivity
Analysts: Printing currency could hurt economy
Analysts have expressed concerns over a recent claim that the federal government resorted to printing money to augment the monthly allocation to the three tiers of government, warning that it could heighten inflationary pressure with dire consequences for the country’s exchange rate and economy. The analysts, in separate interviews with newsmen, warned that a sustained policy of printing the currency, if not well managed, would hurt the economy. The concern came on the heels of recent revelation by Governor of Edo State, Mr. Godwin Obaseki, that due to the dwindling revenue in the face of declining oil revenue arising from the growing sources of alternative sustainable energy, the federal government had to print money to augment the amount available for sharing by the federal, state and lo...
Enugu completes 1,355 school projects in 17 LGAs
Enugu State Government under the administration of Governor Ifeanyi Ugwuanyi said it has carried out 1,355 verifiable projects in various primary and secondary schools across the 17 Local Government Areas of the state, under the State Universal Basic Education Board (ENSUBEB) and Post Primary Schools Management Board (PPSMB), in line with its vision to improve the learning condition of the students. The state government disclosed that besides recruiting over 7,030 primary and secondary school teachers, it also procured and distributed over 50,000 classroom furniture and other learning tools for school children and their teachers across the state. It revealed that it supplied and installed computers to 490 primary and secondary schools; science equipment to 151 secondary schools, and constr...
Akwa Ibom NASU demands inclusion in federal government’s incentives for teachers
File Photo The Non-Academic Staff Union of Educational and Associated Institutions, NASU, Akwa Ibom State has demanded inclusion in the incentives approved by the Federal government for teachers in primary and secondary Schools in the country. They made the demand on Wednesday when they marched from the entrance of the Indongesit Nkanga Secretariat to the State Universal Education Board (SUBEB) Secretariat to end their 3-day nationwide protest. Speaking at the SUBEB Secretariat, State Chairman of NASU, Comrade Aniefiok Simons, stressed that the exclusion of non teaching staff from the Federal government recent reforms in public primary and secondary Schools in the country was discriminatory and wrong. Simons called on all stakeholders in the Education sector to look into their plight, and ...
Senate advocates stiffer penalties for employers involved in ill treatment of employees, child labour, others
The Senate on Tuesday, passed for second reading, a Bill which seeks to review the Labour Act to provide stiffer penalties for various offences ranging from ill treatment of workers by employers, modern slavery, child labour to discrimination against women in the work place. The legislation titled ‘A Bill for an Act to amend the labour Act Cap L1, LFN, 2004 to review labour fine and other related matters, 2021,’ is sponsored by Senator Francis Onyewuchi (Imo East). According to the draft Bill, Section 21 proposed a fine of N500,000 and N1,000,000 from the present fine of N800 and N500 for first and second offences relating to “Breach of terms and conditions of employment”, as it relates to the wage hour, nature of employment, leave and contracts of employment, among others. Section 46 also...
Umahi urges women to maintain priorities as mothers
File Photo The wife of the governor of Ebonyi State, Rachael Umahi, has urged women faithful to maintain their priorities as mothers and stick to God’s word for a better family. Mrs Umahi made the call on Sunday at the 2021 Mother’s Day celebration at the Christ Embassy Church, Abakaliki. The governor’s wife encouraged the women to also remain committed in the faces of challenges and continue to dwell in the word of God for a better life as well. “We must be excellent women in action, pillars of blessings and develop ourselves with God’s word for development. “We must also learn to tell our husbands bitter truth base on the words of God for the well-being of family and society. “Live out dreams in you every day, train your children to love and share,” Umahi said. Speaking, the Pastor in ch...
AfDB approves $1.3 million grant for female financial inclusion research in Africa
The African Development Bank (AfDB) has approved two grants worth $1.3 million for research aimed at increasing women’s access to a range of digital financial services on the continent. In a statement on Monday, AfDB said the grants will be disbursed by Africa digital financial inclusion facility (ADFI), a blended finance vehicle supported by the bank. The grants will be disbursed to two fintech firms, Pula Advisors Kenya and M-KOPA Kenya. AfDB said Pula Advisors will use the $1 million for research of social and economic factors that impact women farmers’ access to microinsurance in Kenya, Nigeria and Zambia while M-KOPA will use the $300,000 funding for research involving 500 women and men in Kenya’s Kisumu, Eldoret and Machakos counties. It said findings from the research will inform th...
AfDB approves $1.3 million grants for women’s access to digital finance
The African Development Bank (AfDB) has approved two grants of $1.3 million for research aimed to increase African women’s access to a range of digital financial services, including loans and micro-insurance. According to a statement from the AfDB on Monday, the grants for $1 million and $300,000 respectively, will be disbursed through the Africa Digital Financial Inclusion Facility (ADFI). ADFI is a pan-African initiative designed to accelerate digital financial inclusion throughout Africa. It is a blended finance facility of AfDB with two financial technology firms; Pula Advisors Kenya Ltd. and M-KOPA Kenya Ltd. Pula Advisors will use the $1 million for research of social, cultural and economic factors that impact women farmers’ access to micro-insurance in Kenya, Nigeria and Zambia. Mor...
ASUSS lauds Nigerian government over recognition as legal trade union
The Academic Staff Union of Secondary Schools (ASUSS) has commended the Federal Ministry of Labour and Productivity for granting recognition to the trade union in spite of an alleged deregistration plot against it by a rival union. ASUSS also saluted the Supreme Court of Nigeria for proving the judiciary as the last hope of the common man by upholding its appeal in a judgment delivered on January 15, where it held that ASUSS’ registration did not contravene the trade union statutes. This was contained in a statement entitled “A Woeful Cry; Agony Of A Loser” signed by ASUSS National Secretary Sola Adigun and made available to reporters in Ado-Ekiti on Saturday . Adigun, who doubles as the ASUSS Chairman in Ekiti, upbraided the national leadership of the Nigeria Union of Teachers (NUT) for m...
President Buhari charges security agencies improve Nigeria’s ranking on global security index
Worried by the rising level of insecurity in the country, President Muhammadu Buhari on Thursday charged the nation’s security agencies to up the ante in their drive towards protection of lives and property. He also directed the Nigeria Immigration Service (NIS) to improve surveillance and control around the nation’s borders so that criminal elements won’t find Nigeria as a safe haven to hide and perpetrate their criminality. The President, in a speech at the virtual Commissioning of the Nigeria Immigration Service (NIS) Technology Building, instructed all security agencies to raise their performance in protecting lives and property, with a mandate that the country’s Global Security Index must be improved. He said “It is imperative that our ranking in the Global Security Index improves and...
Senate asked to probe public hearing on medical council bill
The Joint Health Sector Unions (JOHESU), the umbrella body of health workers in the country, has demanded that Senate probe the recent public hearing of the Medical and Dental Council of Nigeria (MDCN) Bill as it accused Chairman of the Senate Committee on Health, Dr. Ibrahim Oloriegbe, of disenfranchising its members. JOHESU Chairman, Comrade Joy Bio Josiah flayed what he called “vindictive and discriminatory” attitude of Dr. Oloriegbe against other medical professional bodies as he gave his constituency, MDC and NMA more time to canvass their views on the contentious bill. “We challenge Oloriegbe and the NMA to produce video and audio evidence contrary to this. The point here is Oloriegbe does not understand the philosophy and basics of running Public Hearings because he pointedly domina...
Research: Nigeria records nearly 30,000 tobacco smoking-related deaths
An Abuja-based Centre for the Study of Economies of Africa (CSEA) has reported that a research it conducted had revealed that 28,876 deaths related to tobacco smoking are recorded annually in Nigeria. Marco Castradori, a research associate with the CSEA, revealed this, on Monday, in Kano, at a report dissemination workshop on the health burden and economic cost of smoking in Nigeria. According to Mr Castradori, the number represents around 16 per cent of deaths from smoking-related diseases and above five per cent of all cases of deaths. “Among the disease analysed, nearly 737,366 events are expected each year, of which 127,859 representing 17 per cent are attributable to cigarette consumption. “In terms of costs, these conditions burden the Nigerian healthcare system with nearly N634 bill...
Rumble in Edo as governor runs government without cabinet
Precisely 129 days into his second tenure as governor of Edo State after his election on September 20, 2020 and inauguration on November 12, 2020, Godwin Obaseki, has not formed his cabinet. This has generated some flaks from different quarters, including the opposition party, All Progressives Congress (APC), constitutional lawyers, political analysts, public commentators, residents among others. While others feel that Obaseki has not committed any crime or breached any law, others believe that he is running a one-man administration and must go ahead to form his cabinet. They argued that going by Section 192 of the 1999 Constitution, the governor is obliged to form a cabinet, saying this is a circumvention, which the state House of Assembly should take action on. Obaseki had said that his ...