Connect with us

Headline

Electricity Workers To Embark On Nationwide Strike Over Fuel Subsidy

Published

on

The National Union of Electricity (NUEE) has directed its members to withdraw their services nationwide over the sudden removal of fuel subsidy by the Nigerian Government

The NUEE in a notice signed by its acting General Secretary, Dominic Igwebike, urged its members to comply with the directive and stop work from the early hours of Wednesday.

The NUEE said its decision was a sequel to the NLC emergency National Executive Council (NEC) meeting held on 2nd June, at the Labour House Abuja over the sudden removal of fuel subsidy, which it said brought untold hardship to Nigferians as well as increased inflation in the Country.

The statement reads :

Sequel to the Nigeria Labour Congress (NLC) Emergency National Executive Council (NEC) meeting held on June 2, 2023 at the Labour house Abuja, over the sudden removal of fuel subsidy which has brought untold hardship to Nigerians as well as increased inflation in the economy, the NLC has directed that the nationwide withdrawal of Services action will commence on Wednesday, June 7, 2023.

To this effect, all National, State and Chapter executives are requested to start the mobilisation of our members in total compliance with this directive.

“Please note that withdrawal of Services nationwide commences from 0.00 hours of Wednesday, June 7, 2023

Dominic Igwebike
Ag General Secretary
National Union of Electricity Employees

Headline

I Still Get Attacked By People – Yakubu Aiyegbeni Reveals

Published

on

In a recent interview, former Nigerian football star Yakubu Aiyegbeni has revealed that he continues to receive messages and criticisms from fans, years after his infamous miss during the 2010 FIFA World Cup match against South Korea.

The moment, etched into football history, occurred during Nigeria’s crucial group stage game against South Korea. With the score tied at 2-2 and a spot in the knockout stages on the line, Aiyegbeni found himself with what seemed like an open goal opportunity. However, to the shock of fans worldwide, he missed the chance, leaving Nigeria unable to secure the much-needed victory.

Despite this moment happening over a decade ago, Aiyegbeni expressed his surprise at the ongoing messages he receives about the miss. “I still get messages from people, different messages,” he stated in the interview. “It’s surprising how that moment still sticks with people, even after all these years.”

The striker, who had a successful career playing for clubs like Everton and Portsmouth in the English Premier League, admitted that the miss was a tough moment in his career. “Of course, it was a big moment, and I wish it had gone differently. But in football, you have highs and lows,” he remarked.

Continue Reading

Headline

Job Losses, Factory Closures Loom As Unsold Goods Pile Up — MAN

Published

on

AGAINST the backdrop of sustained pressure in the foreign exchange market and high cost of production, the Manufacturers Association of Nigeria, MAN has indicated that inventory of unsold goods is escalating to levels now threatening the existence of companies operating in the production sector of the economy with attendant job losses.

Findings show that as of the weekend the foreign exchange market had recorded over 254 per cent plunge in the value of the naira since flotation of the currency by the Central Bank of Nigeria (CBN) in June 2023.

Recall that the naira traded for N471 per dollar in the official I&E market on June 13, 2023 before the floatation of the currency, but exchanged for N1,665.50 to a dollar as at February 23, 2024 on the Nigerian Foreign Exchange Market (NAFEM), indicating a depreciation of more than 253.6 per cent over the eight-month period. The forex crisis is also stoking inflation, and coupled with high energy costs, purchasing power has continued plummet, stifling demand for goods.

Speaking on the impact of this development on the manufacturing sector, Director General, MAN, Segun Ajayi-Kadir, said: “There are reports that across the board, many warehouses and plants of many manufacturing firms are stockpiled with unsold goods manufactured last year. “The development is as a result of the devastating effects of the exchange rate crisis, inflation, fake and sub-standard goods, smuggling and other macro-economics challenges.”

Continue Reading

Facebook

Trending