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JUST IN: NLC Gives FG Four Weeks To Resolve ASUU Crisis

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The Nigeria Labour Congress has resolved to issue a four-week ultimatum to the Federal Government should it fail to conclude negotiations with all tertiary institutions-based unions.

The NLC also condemned the no-work-no-pay policy introduced by the government as a form of sanction to members of the Academic Staff Union of Universities for daring to embark on a nationwide strike.

The president of the NLC, Joe Ajaero made this known in an ongoing interactive session with labour correspondents in Abuja.

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The interactive session followed the meeting between the NLC and leaders of tertiary institutions’ based unions at the NLC headquarters in Abuja.

READ ALSO:JUST IN: NLC Begins Meeting With ASUU, Other Unions Over Strike

“We have decided to give the federal government four weeks to conclude all negotiations in this sector. They have started talks with ASUU but the problem in this sector goes beyond ASUU.

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“That is why we are extending this to four weeks. If after four weeks this negotiation is not concluded, the organs of the NEC will meet and take a nationwide action that all workers in the country, all unions in the country will be involved so that we get to the root of all this.

“ The era of signing agreements, negotiations and threatening the unions involved, that era has come to an end.

“The policy, the so-called policy of no work, no pay, will henceforth be no pay, no work. You can’t benefit from an action you instigated. We have discovered that most, 90% of strike actions in this country are caused by failure to obey agreements,” Ajaero said.

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READ ALSO:ASUU Declares Two-week Strike, Orders Members To Down Tools On Monday

The Nigerian higher education system has been faced with chronic instability, the latest leading to the closure of universities nationwide due to the ongoing strike by ASUU.

Recall that ASUU National President Professor Chris Piwuna announced the strike at a press briefing at the University of Abuja on Sunday, following the expiry of a 14-day ultimatum issued to the government on September 28. The union cited unresolved issues relating to staff welfare, infrastructure, salary arrears, and the implementation of the 2009 ASUU-FGN agreement.

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Negotiations in recent weeks failed to avert industrial action. Education Minister Tunji Alausa said two weeks ago that talks had reached a final phase, noting the government had released N50bn for earned academic allowances and allocated N150bn in the 2025 budget for a needs assessment to be disbursed in three instalments. However, ASUU rejected these measures as insufficient.

The union is demanding full implementation of the 2009 agreement, release of three-and-a-half months of withheld salaries, sustainable funding for universities, protection against victimisation, payment of outstanding promotion and salary arrears, and release of withheld deductions for cooperatives and union contributions.

READ ALSO:Israel, Hamas Trade Blame After Strikes Kill 13 In Gaza

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The NLC emphasised its full solidarity with ASUU and other tertiary education unions, calling for robust participation from all union leaders.

It also highlighted the principle of a converse stance, “No Pay, No Work”, urging the government to honour collective agreements and respect the rights of workers.

The emergency meeting is expected to chart the next steps for industrial action and explore strategies to safeguard the welfare of university staff, as well as the quality and continuity of public tertiary education in Nigeria.

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

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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.

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READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies 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.

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

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

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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.

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

READ ALSO:I’ve Been Blacklisted In Music Industry For 13 Years – Seun Kuti

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

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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.”

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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).

READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti

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.”

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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.

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Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

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Senator Adams Oshiomhole has called on the Federal Government to retaliate against South African businesses operating in Nigeria following the recent attacks on Nigerians in South Africa.

Speaking during plenary on Tuesday, Oshiomhole said the Federal Government should consider revoking the working license of South African owned companies such as MTN and DSTV.

He argued that Nigeria must respond firmly to what he described as persistent hostility against its citizens.

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READ ALSO:South Africa To Investigate ‘Mystery’ Of Planeload Of Palestinians

“I am not going to shed tears. If you hit me, I hit you. I think it is appropriate in diplomacy. It is an economic struggle,” Oshiomhole said.

He argued that while some South Africans accuse Nigerians of taking their jobs, Nigerians should return home and take over employment opportunities created by major South African companies operating in the country, including MTN and DSTV.

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When we hit back, the President of South Africa will not only talk but will also go on his knees to recognise that Nigeria cannot be intimidated.

READ ALSO:South African Ambassador Found Dead Outside Paris Hotel

We will not condone any life being lost. If a crime has been committed under the South African law they have the right to bring any such person to justice, but to kill our people as if we are helpless, we will not allow that,” Oshiomhole added.

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DAILY POST reports that several Nigerians in South Africa have reportedly been attacked, and their businesses destroyed, in ongoing xenophobic attacks in the country.

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