Day: January 19, 2022

We’ll Support Fuel Price Hike If…, NLC Lists Conditions for Subsidy End

Aliyu Aliyu

.NLC, TUC say $9.5bn wasted on refineries in 10 years Key labour unions in Nigeria have declared that they are not against the removal of subsidy and imminent fuel price hike if the government meet some conditions. Platforms Africa reports that the unions met on Tuesday in Abuja where they outlined the conditions the Nigerian Government must meet before it would be allowed to stop subsidising Premium Motor Spirit, popularly called petrol. Officials of the Trade Union Congress, Nigeria Labour Congress, Petroleum and Natural Gas Senior Staff Association of Nigeria,…

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N20bn Racket: Tnubu, Alpha Beta ex-MD Mull Out-of-Court Settlement -Lawyer

Ayobami Adedinni

A former Managing Director of Alpha Beta Consulting, Dapo Apara, the All Progressives Congress leader, Bola Tinubu; and the current Managing Director of the company, Akin Doherty, have begun discussions on a possible out-of-court settlement following allegations that Tinubu ordered the transfer of over N20bn from Alpha Beta to some private business accounts. The lawyer to the plaintiff, Mr Ebun-Olu Adegboruwa (SAN), said this before the High Court of Lagos State sitting at the Tafawa Balewa Square on Tuesday. READ ALSO: Why EFCC Is Yet To Arrest Tinubu — Bawa…

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JUST IN: Oil hits $89.32/bbl highest since 2014 as OPEC+ Eyes $100/bbl

Efe Wellington

Oil prices rose for a fourth day on Wednesday after a fire on a pipeline from Iraq to Turkey briefly stopped flows, increasing concerns about an already tight short term supply outlook. This came as officials of Organisation of Petroleum Exporting Countries (OPEC) declared that a $100 per barrel oil price is possible in the next few months. Brent crude futures were up 81 cents, or 0.9%, to $88.32 a barrel at 1432 GMT. The benchmark contract earlier touched $89.05, its highest since Oct. 13, 2014. U.S. West Texas Intermediate…

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How YABATECH Lecturers Won N4.5m Grant

Tade Salako

The management of the Yaba College of Technology has said that the N4.5million Lagos State Science Research Innovation Council grant awarded to the institution will assist it in finding a lasting solution to the problems of plastic waste pollution in the state. The Deputy Registrar and Head of Public Relations Unit of the institution, Joe Ejiofor, told the News Agency of Nigeria on Friday in Lagos that the grant was won by two of its lecturers, Dr Funmilayo Doherty and Dr Eyitayo Ajagbe. Ejiofor also described the achievements of Dr…

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Emirates Resumes Flights From Five African Countries, Excludes Nigeria

Aoko Benjamin

Flag carrier of the United Arab Emirates (UAE), Emirates Airlines, has announced the resumption of passenger flight operations to five African countries but Nigeria was not on the list. The African countries on the list include Ghana, Guinea, Angola, Ivory Coast, and Uganda. Emirates in an update on its website announced that it has resumed flights between the African countries after an earlier ban due to the Omicron variant of the Coronavirus. READ ALSO: Lagos To Partially Close Marine Bridge For Repair Works “From 13 January 2022, Emirates will resume…

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ASUU, NMA, Not Recognised Labour Unions in Nigerian – Govt

Aliyu Aliyu

The Head of the Civil Service of the Federation, Dr Folashade Yemi-Esan, has said the Nigerian Medical Association and the Academic Staff Union of Universities, as well as their affiliates, were not recognised labour unions in the public service. She also stated that the Federal Government was considering creating two additional councils in the education and health sectors. Yemi-Esan stated this during the opening of the separate and joint meetings of the national public service negotiating councils, which was attended by the Minister of Labour and Employment, Dr Chris Ngige,…

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Minnows Comoros Send Ghana Crashing Out Of Africa Cup Of Nations

Aoko Benjamin

Four-time champions Ghana were eliminated from the Africa Cup of Nations after crashing 3-2 to minnows Comoros in Group C on Tuesday in Garoua.    The Black Stars had captain Andre Ayew sent off after 25 minutes and, after wiping out a two-goal deficit, lost when Comoros’ Ahmed Mogni scored his second goal five minutes from time. Morocco and Gabon drew 2-2 in Yaounde in the same group to retain first and second places respectively and qualify for the round of 16, which kicks off on Sunday. Comoros, representing a…

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