News

ASUU: Ngige Blasts House Chairman On Tertiary Education

Published

3 years ago

June 7, 2023

Editor

Abuja: Former Minister of Labour and Employment, Dr Chris Ngige, has blasted the House Committee on Tertiary Education, Aminu Goro, for alleged fabrications, outright lies and unwarranted attacks on the floor of the House, towards political gains, saying there was no plan to proscribe the Academic staff union of Universities, ASUU.

Ngige who expressed shock by the lawmaker’s outburst, urged the outgoing House of Representative member to go back and read the Trade Union Act, (2004) and not to rubbish other persons for political survival.

The former minister in a statement from his Media Office, among others, said “The Minister of Labour does not need Presidential approval to withdraw certificates of registration of Trade Unions. The Trade Union Act 2004 permits the Registrar of Trade Unions to cancel a certificate suo moto in Section 7 especially as ASUU had breached Section 3 on the annual rendition of Audited Accounts. ASUU was in default for five years.

“Another Section of Trade Dispute Act; The Essential Services Act Cap T9 permits the President to proscribe any erring Union involved in an illegal strike but all through the 2022 ASUU strike neither the President nor any of his Ministers in Education or Labour mooted such an idea because the Minister of Labour and Employment has done the right thing by the transmission of an Instrument on the issue to the National Industrial Court of Nigeria for adjudication in accordance with Section 17 of TDA. 2004. So former President Buhari and his officials chose the path of the rule of Law in dealing with the unending strike when conciliation failed instead of an arm-twisting proscription as alleged by Aminu Goro.

“Aminu’s cock and bull narrative aimed at sweetening the ears of the audience including fellow outgoing members at the expense of other patriotic Nigerians including the former President should be discouraged by all including the outgoing Speaker. No such incident ever happened on the Executive side and hence the painted scenario never took place at all. This is by no means to say that the Outgoing Speaker and Chief of Staff designates to the President did not contribute to the resolution of the issue with ASUU. He did and passionately too like many others on the government side and the Traditional and Religious leaders. But the ultimate solution and relief came from the Judiciary. Judges of both the NICN and the Court of Appeal who interpreted the relevant sections of the Trade Dispute Act 2004 without fear or favour and ordered ASUU back to the classroom.”

He added that ASUU violated section 37 of the Trade Unions Acts CAP T14 that required the registered trade unions to submit their annual audited accounts and financial returns to the Registrar of Trade Unions on or before 1st June every year. Section 7 of the Acts gives the Registrar the power to cancel the certificate of registration of any trade union that deliberately contravened or continue to contravene any provision of the Act after receipt of a warning in writing from the Registrar.

“Warning in writing was duly issued to ASUU in 2019 and 2021 but deliberately and in order to leave them with a window for peaceful resolution this right was not exercise.”

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

3 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

3 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

5 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.