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FG may break ASUU strike with another option
The Federal Government may soon call the bluff of the Academic Staff Union of Universities over the union’s insistence on getting the government to meet all its demands before ending its prolonged strike.
ASUU has asked students idling at home to get themselves busy with some vocational skills, travel and have fun, an indication that it is not ready to end the strike soon.
It also insisted on getting the government to adopt the union’s payment platform endorsed in addition to securing enough funds for the upgrade of the universities, apart improved salaries and welfare package.
The Minister of Labour and Employment, Dr Chris Ngige, said the strike would be resolved by next week after the meeting between the Federal Government team and the union leaders.
He said if the matter was not resolved by then, government would explore the provisions in the labour law and other channels.
The union said the strike was over the failure of the Federal Government to keep to the 2019 Memorandum of Action between them as well as the disagreement over the Integrated Personnel and Payroll Information System, which ASUU rejected.
Ngige, who spoke on Politics Today on Channels Television on Friday, said the government had met six of the union’s nine demands and that they would meet again next week with the hope of ending the prolonged strike.
He stated, “Even if countries go to war, at the end of the day they come to the negotiation table. I’m inviting them (ASUU) next week. We are doing side meetings on our part and we are collating everything. I’m collating responses from the Accountant General of the Federation’s Office and everybody who has something to do with this matter.”
He also said, “By next week, we will conclude this matter. There are so many options left. We have the labour laws and I have options left to me in the labour laws. I have other channels.”
The minister said government had agreed to give the University Transparency Academic Solution, the payment platform proposed by ASUU, a trial.
He however said the feedback he got from the National Information Technology Development Agency, the agency mandated to follow-up the trial with ASUU, showed they had just concluded the first phase and that the second phase to assess the functional requirement of UTAS had not been done.
He added, “UTAS has yet to be ready but government will not discourage them. And we have told them there is no need using the same old method of strike to make demands since such had been deployed since 2017.”
On the revitalisation fund, he said government had agreed to release N30bn out of the N40bn demanded by the union as the payment for November 2019 and September 2020, adding that the remaining N10bn would be staggered.
Ngige said, “A committee that looked into the needs assessment of universities held a workshop on how funds could be generated came up with the recommendation that other things could be done to raise funds because revitalisation cannot be done through the budget, especially when the country is running a deficit budget.”
News
Yahaya Bello govt spending third term in office through Ododo – Clark
Yahaya Bello govt spending third term in office through Ododo – Clark
Elder statesman, Chief Edwin Clark, says the former Kogi State Governor, Yahaya Bello, administration was nothing to write home about.
This is even as he asked the embattled former governor to surrender himself to the authorities.
Bello has been in the news for days on end over money laundering and financial impropriety.
He was declared wanted after he evaded the economic and financial crimes commission (EFCC) who had stormed his Abuja residence to apprehend him.
Speaking on Bello’s time as the governor of the middle belt state, Clark, who is the leader of the Pan Niger Delta Forum, PANDEF, stated that state sponsored violence, corruption, civilian repression and political killings were rife when Bello was in office.
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Clark also pointed out that Bello is still running the show in Kogi state as he is currently spending third term in power through the incumbent governor, Ododo, who he planted in office.
“Yahaya Bello is just being stubborn. He has been living very very rough…having a very rough government, corruption, killing of people in the place during elections and so on,” Clark said during an interview on Arise TV on Thursday.
“There’s time for everything and it has come for him to answer questions. He should go to court. He should go to court to answer the substance of the case, where did he get the money from?
“Is it true or not that the money he paid to the American school belongs to him or belongs to the government of Kogi State?
“The behaviour of the new Governor shows Yahaya Bello is in power for the third time. Ahmed Ododo is just running after him.
“I just want to plead with Ododo to do the needful so that the youth in this country will have something to fall upon.”
Yahaya Bello govt spending third term in office through Ododo – Clark
News
‘Unfounded accusation’ – Obi slams Umahi over instigation of Igbo against Tinubu claim
‘Unfounded accusation’ – Obi slams Umahi over instigation of Igbo against Tinubu claim
Labour Party presidential candidate in the 2023 general elections, Peter Obi, says he is not in the business of whipping up ethnic sentiments or amplifying Nigeria’s fault lines to gain socio-political mileage.
Obi said this reaction to comment made by the Minister of Works, David Umahi, at an event on Wednesday on the Lagos-Calabar road project.
Obi has been vocal in his criticism of the road project, calling it a misplaced priority as it is not what Nigeria needs at a time of lean resources and plethora of challenges begging for drastic solution.
Umahi while speaking at the event said Obi’s position on the Lagos-Calabar coastal road project amounted to pitting Nigerians of Eastern extraction, who are majorly Igbos, against the government of President Bola Tinubu.
He also accused Obi of demolishing property without compensating those affected when he was Anambra governor, Obi was inciting South Easterners against the government
“When His Excellency Peter Obi was the governor. He made a statement saying, “Any infrastructure that stands in the way of the road must go. And there would be no compensation paid.” That’s what he said,” Umahi said.
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“And I think he’s inciting some of the South-East people that are not well informed. He is inciting them. And gets them into trouble,” he added
Reacting to Umahi’s allegation of divisiveness and sedition in a statement on Wednesday, Obi opined that he is a preacher of peace and advocate of unity who always wants what is best for the country.
Obi, who described criticisms that he is inciting Igbo against Tinubu’s government as baseless, stated that he won’t wallow in the murky water of divisive ethnic politics like many of his contemporaries and opponents do.
He stated, “My focus is on fostering constructive dialogue and inclusivity, rather than engaging in divisive politics, Claims of incitement are baseless distractions. I have always advocated unity and advancement, refusing to partake in reactionary divisive politics.
“I refuse to be reduced to the level of those who wallow in ethnic politics. Worse still, I have never and can never descend so low as to base my political aspirations on any sectional or ethnic interest.”
The former Anambra governor also said there were no comparisons between the demolition he did when he was governor and what the Tinubu-led government was currently doing.
‘Unfounded accusation’ – Obi slams Umahi over instigation of Igbo against Tinubu claim
News
NDIC jacks up deposit insurance cover from N500,000 to N5m
NDIC jacks up deposit insurance cover from N500,000 to N5m
The Nigeria Deposit Insurance Corporation (NDIC) has announced a significant increase in the maximum deposit insurance coverage levels for Deposit Money Banks (DMBs) and other financial institutions, effective immediately.
During a press conference in Abuja on Thursday, NDIC Managing Director Bello Hassan disclosed, “For Deposit Money Banks, the increase of the maximum deposit insurance coverage from N500,000 to N5,000,000, would provide full coverage of 98.98% of the total depositors compared with the current cover of 89.20%. In terms of the value of deposit covered, the revised coverage would increase the value of deposits covered by deposit insurance to 25.37% compared with the current cover of 6.31% of the total value of deposits.”
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Hassan further explained, “The increase of the maximum deposit insurance coverage for primary mortgage banks from N500,000 to N2,000,000 would provide full coverage of 99.99% of the total number of depositors and would increase the value of deposits covered by deposit insurance to 43.10% of the total value deposits from the current cover of 40.60%.”
Additionally, Hassan noted, “The increase of the maximum deposit insurance coverage for subscribers of Mobile Money Operators from N500,000 to N5,000,000 per subscriber.”
NDIC jacks up deposit insurance cover from N500,000 to N5m
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