Business
Aviation union threatens to shut down airports over ASUU strike
The Association of Nigeria Aviation Professionals (ANAP) has threatened to shut down the airports in solidarity with the strike by the Academic Staff Union of Universities (ASUU).
The development comes as the National Labour Congress (NLC) directed its members to embark on a nationwide protest on July 26 and 27 in solidarity with the strike by the ASUU.
In a statement issued by Abdulrasaq Saidu, general secretary, ANAP, on Monday, the association called on Buhari to end the strike without further delay.
ANAP said the protracted strike has added to social vices in the country as students now engage in unpalatable activities capable of destroying their future.
It said the over four-month strike had ridiculed Nigeria’s educational system and made it a laughing stock.
The union said that “ASUU, NASU, SAUTHRIAI, NAAT had been on strike for more than four months due to the apparent failure of government to sign the re-negotiated 2009 Agreement with ASUU, failure to honour the terms reached at in May 2022 MoU signed with ASUU, and habitual failure of government to respect Collective Bargaining Agreements willingly signed with labour Unions”.
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It said not only the students were suffering but parents and the society, adding that the poor economy has also affected every home in the country.
The association said education remained the bedrock of any country aspiring for greatness, noting that the ASUU strike will eventually lead to a regrettable situation in future if not well-handled.
“Our children are using eight years to read courses of four years with resources being wasted. We cannot continue this way,” the statement reads.
The union said its members would align with the Nigeria Labour Congress (NLC) position in protesting against the unfortunate situation in the tertiary education sector.
In a related development, the National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) said it would join the Nigeria Labour Congress (NLC) in its solidarity strike over the lingering ASUU strike.
According to NAN, NUBIFIE said this in a statement signed by Anthony Abakpa, its national president and Mohammed Sheikh, general secretary, on Sunday.
“However, if after the one-day protest by NLC on this issue and nothing is done, the union will have no other option than to call out all our members in banks, insurance and other financial institutions in solidarity with ASUU,” it added.
THE CABLE
Business
Naira depreciates again, trades at N1,402/$
Naira depreciates again, trades at N1,402/$
The Nigerian currency, naira, on Thursday slightly depreciated at the official market, trading at N1,402.67 to the dollar.
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the naira lost N11.71
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This represents a 0.84 per cent loss when compared to the previous trading date on Tuesday April 30, when it exchanged at 1,390.96 to a dollar.
However, the total daily turnover increased to 232.84 million dollars on Thursday, up from 225.36 million dollars recorded on Tuesday.
Meanwhile, at the Investor’s and Exporter’s (I&E) window, the naira traded between 1,445.00 and N1,299.42 against the dollar.
Naira depreciates again, trades at N1,402/$
Auto
Appeal court takes over NURTW case as NIC withdraws
Appeal court takes over NURTW case as NIC withdraws
The National Industrial Court has withdrawn from a case involving Alhaji Najeem Usman Yasin, Board of Trustees chairman of the National Union of Road Transport Workers (NURTW), and Alhaji Tajudeen Ibikunle Baruwa’s ambition to return as president of the union over lack of jurisdiction.
The industrial court’s decision was made to avoid conflict with the Court of Appeal, where the matter is already being heard.
Before the NIC announced its decision to hands-off the case, the defendants’ counsel, Mr. O.I. Olorundare SAN, had informed the court that the matter is currently before the Court of Appeal, Abuja division, and that the industrial court could not continue to adjudicate on the same matter.
The counsel cited authorities to support his claim, adding that the National Industrial Court does not have concurrent jurisdiction with the Court of Appeal.
The presiding judge, O.O. Oyewunmi, struck out the case, stating that the Appeal Court had taken over the matter and that the Industrial Court must respect the hierarchy of courts.
Alhaji Yasin and six others took the case to the Appeal Court, challenging the decision of the industrial court recognising a delegates’ conference held on May 24, 2023, where Baruwa was proclaimed as President of the union for a second term in office.
With the latest NIC judgement, both parties will now proceed to defend their positions at the Court of Appeal and await the final judgement.
Business
Multichoice shuns court order, proceeds with increase of DSTV, Gotv packages
Multichoice shuns court order, proceeds with increase of DSTV, Gotv packages
Despite the intervention of the CCPT, Multichoice Limited has proceeded to increase packages price for DSTV and GOTV as announce on Wednesday last week.
Newstrends had earlier reported that the corporation announced that the new rates will go into effect on Wednesday, May 1, 2024, in a statement.
Meanwhile, on Monday, MultiChoice Nigeria Limited was ordered by the Competition and Consumer Protection Tribunal (CCPT) in Abuja to suspend the planned prices and tariffs hike on packages and services.
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The three-member tribunal, presided over by Saratu Shafii, gave the interim order following an ex-parte motion moved by Ejiro Awaritoma, counsel for the applicant, Festus Onifade.
News prices includes: DStv, Premium bouquet, the price moved from N29,500 to N37,000; Compact+ from N19,800 to N25,000; Compact from N12,500 to N15,700; Confam from N7,400 to N9,300, among others.
For GOtv users, Supa+ increased from N12,500 to N15,700; Supa moved from N7,600 to N9,600; Max from N5,700 to N7,200; Jolli, from N3,950 to N4,850, among others.
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