Fuel subsidy: Tinubu to announce new minimum wage next week – Newstrends
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Fuel subsidy: Tinubu to announce new minimum wage next week

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President Bola Ahmed Tinubu

Fuel subsidy: Tinubu to announce new minimum wage next week

President Bola Tinubu will next week announce a new minimum wage as part of government’s package for post-fuel subsidy removal.

President of the Trade Union Congress (TUC), Festus Osifo, disclosed in an interview with newsmen in Abuja.

He said the Minister of Labour. Simon Lalong told them during his meeting with the labour team held on Tuesday.

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Osifo mentioned that the conversation the Minister of Labour had with President Tinubu and the Finance Minister Olawale Edun regarding the wage award.

He said, “The Minister of Labour (Simon Lalong) informed us that he discussed the wage award issue with President Tinubu and the Finance Minister. However, the President advised them to further refine the details before making a public announcement.”

Osifo added, “The minister assured us that all related matters would be sorted out soon. However, due to the President’s travel commitments, he requested an additional two-week window.

“We, on our part, expressed our inability to wait for an extended period.

“After much deliberation, it was agreed that the President would make the necessary announcements next week.”

Fuel subsidy: Tinubu to announce new minimum wage next week

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Catholic bishops caution on use of Artificial Intelligence

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Catholic Bishops

Catholic bishops caution on use of Artificial Intelligence

The Catholic Bishops Conference of Nigeria (CBCN) has raised concerns over the misuse of Artificial Intelligence (AI), particularly by youths in Nigeria and beyond.

Most Rev. Lucius Iwejuru Ugorji, Archbishop of Owerri and President of CBCN, expressed this during the CBCN maiden edition of the Communications Week (ComWEEK) Public Lecture in Abuja on Wednesday.

The event, themed ‘Artificial Intelligence: Challenges and Opportunities for Evangelisation and Social Development,’ was part of the activities marking the 2024 ComWEEK of the CBCN, the 58th edition since the Pope established World Communication Day (WCD) in 1967.

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Ugorji emphasized, “Despite the enormous benefits, the development and deployment of AI digital technology must be approached with ethical rigour. We must strive for a balance that prioritizes human welfare alongside technological progress, mindful of the ethical and moral dilemmas, as well as risks such as job displacement, threat to peace in the world, spread of falsehood through propaganda, manipulation of the human person, and privacy concerns through advanced hacking and deepfakes.”

Speaking on the theme, Prof. Anthony Akinwale, Deputy Vice Chancellor of Augustine University, Ilara-Epe, Lagos State, highlighted that despite the fears associated with AI and other technologies, religion cannot ignore the accomplishments of science and technology.

Additionally, Archbishop Emeritus of Abuja, John Cardinal Onaiyekan, noted that Pope Francis’ position aligns with the consistent magisterium of the Church, emphasizing that all scientific progress is a gift of God to humanity, to be used for human well-being and the glory of God.

Catholic bishops caution on use of Artificial Intelligence

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Killing, looting in Okuama after troops pull-out

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Killing, looting in Okuama after troops pull-out

Suspected peasants have killed an invader and macheted three others, who allegedly encroached on the Okuama-Ewu Community in Ughelli South Local Government Area of Delta State, to loot zinc, iron, rods and related scraps, barely 24 hours after the Nigerian Army pulled out of the embattled community.

Soldiers started withdrawing from the community, on Monday, and finally pulled out, on Wednesday, following negotiations between Governor Sheriff Oborevwori and the Army authorities.

Vanguard learned that soon after, some youths from neighbouring villages, observing that soldiers had withdrawn from Okuama-Ewu, went to the community to scavenge for things to sell.

Meanwhile, the people of Akugbene community in Bomadi Local Government Area of the state, have raised the alarm that one of the six persons attacked and macheted, by returnees of the embattled Okuama Community in Ughelli South was still missing.

They ambushed, macheted our people—Akugbene resident

A source from the neighbouring Akugbene Community in Bomadi Local Government Area of the state told Vanguard that they noticed soldiers leaving the Okuama-Ewu Community, on Tuesday. It explained that Okuama returnees ambushed and attacked four Akugbene indigenes with machetes.

His words: “As I talk to you, there is a problem: the Okuama returnees ambushed and butchered four indigenes of our community with machetes.

“They (Akugbene indigenes) were on their way to the Ezebiri Community along the footpath linking various communities on hearing that the road was free when the Okuama returnees ambushed them.

“One of them, who escaped to our community with machete cuts, narrated that the Okuama returnees pointed guns at them and attacked them, while on their way to Ezebiri.

“They attacked them with machetes, but he managed to escape while others were led towards the jetty in the community waterfront.

Killing, looting in Okuama after troops pull-out

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Reps want cybersecurity levy suspended, Senate backs CBN policy

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CBN Governor, Olayemi Cardoso

Reps want cybersecurity levy suspended, Senate backs CBN policy

The Senate and House of Representatives have sharply disagreed on the controversial 0.5 per cent cybersecurity levy introduced by the Central Bank of Nigeria.

While the Senate said there was nothing wrong with the levy since the national assembly passed it into law, the House of Representatives asked the CBN to suspend its implementation based following public outcry that had trailed it.

The Senate contended that the cybersecurity levy came into being through a collaborative effort that involved the National Assembly’s ICT and Cyber Security Committee and a transparent public hearing process, with contributions from various stakeholders.

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According to the Senate, both arms of the National Assembly unanimously passed it before President Bola Ahmed Tinubu signed it into law.

It also argued that the levy was not punitive, but aimed at protecting national security and the economy.

Chairman of the Senate Committee on National Security and Intelligence, Senator Shehu Umar Buba, APC Bauchi South, who addressed the controversy surrounding the proposed implementation of the cybersecurity levy by the CBN yesterday , said that the levy was provided for in the Cybercrimes (Prohibition, Prevention, etc) (Amendment) Act, 2024.

Senator Buba noted that the provisions of the cybersecurity levy had been in place since 2015 but were delayed due to unclear interpretations and applications.

He, however, clarified that the levy was not punitive as it had numerous exemptions to protect and relieve ordinary citizens, particularly the poor.

According to him, the exemptions include salary payments, intra-account transfers, loan disbursements and repayments, and other financial transactions.

But the House of Representatives directed the CBN to suspend implementation of the proposed levy.

It also mandated its Committees on Banking Regulations, and Banking and other ancillary institutions to guide the CBN properly.

This followed the adoption of a motion of urgent public importance moved by the House Minority Leader, Kingsley Chinda, PDP Rivers, and 359 others

Reps want cybersecurity levy suspended, Senate backs CBN policy

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