Unemployment has stabilised but there will be economic pain ahead
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There are high levels of business optimism. Survey after survey has told us this, from reports from Deloitte on large companies to evidence from the Federation of Small Businesses.
Consumer savings are at an all-time high. People are itching to get out and spend the money they have been forced to accumulate. All in all, a very bright picture. But things might not quite be as they seem at first glance.
Sanjeev Gupta’s problems in the GFG Alliance are putting some 5,000 jobs at risk in the steel industry following the collapse of Greensill Capital. A credit crunch threatens the future of Britain’s second largest oil refinery at Stanlow in Cheshire, owned by Essar Energy.
By John Ikyaave
On the 18th of April, the Executive Management Team of the Federal Mortgage Bank of Nigeria (FMBN) under the leadership of Ahmed Dangiwa clocked four years in office.
Within this period and under the supervision of the Minister of Works & Housing, Babatunde Fashola, the team of experienced professionals have posted remarkable performance by pursuing bold, dynamic, and strategic Institutional reforms.
From unprecedented levels of mortgage loan disbursements to stronger collaborations with industry stakeholders, innovative housing product designs, financial transparency, and broad institutional reforms, the FMBN Board and Management team have built and sustained a trajectory of strong corporate performance across key indicators.
Censorship and freedom of speech: The Nigerian labour conundrum
On
By Clarius Ugwuoha
It was the late Ugandan despot, Idi Amin, who was credited with the immortal but infamous dictum: “You have freedom of speech. But freedom thereafter, that I cannot guarantee.” This appears to be the guiding principle in Nigeria and most other African countries.
The history of the Nigeria Labour Congress, NLC, as a trade union with capability to sway labour laws in the country and advance the interest of workers, has been heavily vitiated by graft, intimidation and compromise. The current Nigeria Labour leader, Mr. Ayuba Philibus Waba, is certainly in a dilemma due to the peculiar operating terrain. The contemporary Nigerian reality is worse than military dictatorship and the autocratic reflex is evident in every tier of government-citizen engagement.
Nigeria Labour Congress Will Declare Nationwide Strike Over El-Rufai s Plan To Sack Workers Union President
Governor Nasir El-Rufai recently announced the plan to disengage civil servants in the state, citing fiscal reasons and also to salvage the state’s finances as a significant amount of the statutory federal allocations to the state is being spent on the wages of public servants.
by SaharaReporters, New York
Apr 20, 2021
The Nigeria Labour Congress (NLC) is set to declare an industrial action nationwide if the Kaduna State government proceeds with its plans to sack civil servants.
This was made known in their letter to President Muhammadu Buhari tagged Call Governor El-Rufai to order as disclosed by NLC President, Ayuba Wabba, to Premium Times on Monday.
Graphic Online
BY: Nana Konadu Agyeman
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The phenomenon of forced child begging in the national capital is getting out of hand.
On a daily basis, an overwhelming number of children, some of them as young as three years, find their way onto the streets to beg for alms and other forms of assistance.
Many of them are driven onto the streets by their parents, mostly mothers, to beg for money from motorists, passengers and other members of society to keep themselves fed.
Some of them appear to have learned the trade of eliciting emotions from the public from their adult parents by appearing in tattered and dirty clothing, with some pretending to be unwell, all in a bid to win the hearts of the public.