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SEC vs Oando: Federal High Court strikes out three cases

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The Federal High Court sitting at Abuja, in a judgement delivered today, February 25, 2021, by Hon Justice F.O.G. Ogunbanjo, has struck out three cases filed by Oando Plc and some of its directors against the Securities and Exchange Commission (SEC) for lack of jurisdiction.
Oando Plc and three of its directors namely, Adewale Tinubu, Omamofe Boyo and Olufemi Adeyemo had instituted these cases against the SEC in view of the enforcement action taken against the Company and the affected directors in its letter dated May 31, 2019, for their violation of the SEC Code of Corporate Governance, the provisions of the Investments and Securities Act (ISA) 2007 and the SEC Rules and Regulations. ....

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Police confirm abduction of 317 students of govt girls secondary school in Zamfara

Police confirm abduction of 317 students of govt girls secondary school in Zamfara
Police confirm abduction of 317 students of govt girls secondary school in Zamfara
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Zamfara State Police Command has confirmed the abduction of 317 students of Government Girls Secondary School, Jangebe, Talatan Mafara in Zamfara State.
In a statement issued by the state police command and signed by the state police spokesman, DSP Shehu Mohammed, on Friday, said the police in collaboration with the military have commenced a joint search and rescue operations with a view to rescuing the 317 students kidnapped by the armed bandits.
The statement disclosed that the girls were kidnapped around 1 am when they stormed Government Girls Science Secondary School, Jangebe, in Talata Mafara Local Government Area, on February 26th, 2021, at about 01:00 hours. ....

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Workers Struggles: Europe, Middle East and Africa

Workers Struggles: Europe, Middle East and Africa
11 February 2021
invites workers and other readers to contribute
to this regular feature.
Energy engineers at British Gas continue strikes
Engineers at energy company British Gas, part of the Centrica group, are continuing their programme of strikes. British Gas supplies gas and electric energy and services equipment and has around 20,000 employees.
A four-day strike is due to begin today, with further four-day actions planned for February 19 and 26. The GMB union members are opposing “fire and rehire” plans by British Gas to undermine workers’ conditions and cut pay by 20 percent.
Around 7,500 workers are involved, including 4,000 service and repair gas engineers, 1,700 smart metering engineers, 600 central heating installers, 540 electrical engineers and 170 specialist business gas engineers. The strikes have led to a backlog of 170,000 boiler repairs and the delay of 200,000 service visits. ....

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Wasp venom could provide treatment for arthritis —Experts

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Certainly, venom from wasps sounds scary. But a new study shows that new treatment for rheumatoid arthritis may involve wasp venom (WV). At least in rats, wasp venom, like scorpion venom, actually improves rheumatoid arthritis symptoms.
Researchers say that a compound in the venom of the wasp may help to treat rheumatoid arthritis. In a new study, researchers have revealed how wasp venom stopped the progression of rheumatoid arthritis in rat models of the disease.
They indicated that various doses of wasp venom significantly improve swelling and movement. More importantly, the venom can reduce the severity of rheumatoid arthritis in these animal models, even reversing damage from the disease in some cases. The study appeared in the journal, Evidence-based Complementary and Alternative Medicine. ....

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NUT, ASUSS battle for membership of secondary school teachers

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It is apparent that the lingering crisis between the Nigeria Union of Teachers (NUT) and the breakaway Academic Staff Union of Secondary Schools (ASUSS) has degenerated into a new dimension as both unions now engage in a war of words.
NUT which has been the umbrella body for all public primary and secondary school teachers in the country for almost 90 years, is insisting that it will continue to be in control of all teachers.
It insisted that the teachers in primary and secondary schools are better protected and covered by the union, and therefore no reason for any group under it to pull away. ....

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