News

Naira Scarcity: Why We’re Not Protesting On Street – NLC

Published

3 years ago

February 7, 2023

President of the Nigeria Labour Congress, Ayuba Wabba on Tuesday, accused the Federal Government of pushing the working population to the wall with its money swap policy.

He said the President and his economic team, comprising the Central Bank of Nigeria, should as a matter of urgency take immediate action to end the excruciating suffering being experienced by Nigerians, occasioned by the scarcity of new naira notes.

Lamenting the situation at the 13th Quadrennial National Delegates Conference of the Nigeria Labour Congress in Abuja, Wabba wondered why there should be scarcity of new naira notes and fuel crisis, both essential needs to Nigerians daily to live a reasonable life.

He said the stance of the government shows no action to arrest the situation.

His words: “Many Nigerians and workers have been pushed to the wall owing to the chaotic situation in our banks and filling stations, where Nigerians are queuing up endlessly to assess new currency notes and PMS. This is not acceptable and is condemned.

“We have more than enough to address those two issues. First, we’re a major oil-producing country but unfortunately, the only country in the world that is a member of OPEC that still depend on importation.

“Secondly, we don’t understand the rationale that you lodge your money in your bank accounts, yet you are limited from withdrawing what you want to use.”

“Our government tend to forget that our economy is rural and informal, and therefore people need to transact business in cash. Go to our local markets, our commodity markets, you will see that people cannot transact businesses without cash.”

He said further: “This policy, if not addressed within the shortest possible time, nobody can predict what will be the outcome. That is the truth of it.

“Yesterday by 12 midnight, I went to Area 8 to get some funds but [none of] the ATM machines was dispensing.

“We have seen a situation where people are protesting in banks [in the] nude, they want to access their money, yet they couldn’t access their money.”

He added, “our political elite must understand the situation and the challenge that people are going through,” while stressing that “we want this situation to be addressed very quickly.”

On why NLC has not taken its displeasure and disappointment on the two burning issues to the street, Wabba said: “There is a theory that possibly labour is working towards making sure that the forthcoming election does not take place in an atmosphere of peace and tranquillity. That is why labour has restrained itself from taking to the street in a bid to make sure we have a peaceful transition because we fought for democracy. We supported democracy. We shield our blood for democracy, and therefore will continue to support democracy.”

Meanwhile, a mild drama played out at the 13th Quadrennial National Delegates Conference taking place in Abuja as workers booed former Edo State Governor, Adams Oshiomhole in disapproval of his backing of Bola Ahmed Tinubu.

Delegates attending the event became agitated when Oshiomhole made an attempt to deliver a message from the All Progressives Congress (APC) presidential candidate, Ahmed Bola Tinubu.

When called to address the mammoth crowd of workers at the Conference hall, Oshiomhole explained that the APC presidential candidate was unavoidably absent at the event because of an already scheduled campaign rally in Ibadan, Oyo State. He, however, said that Tinubu gave him a message to deliver to the workers.

While he was about to deliver the message, thousands of workers at the auditorium unanimously shouted “no, no, no.”

For over four minutes, the crowd continued to shout and refused to be calmed even by Wabba, until Oshiomhole said he will not deliver the message but will address them as their former president.

News

Tinubu Unveils Plan To Restart Oil Production In Ogoniland

Published

10 hours ago

September 24, 2025

Editor

President Bola Tinubu has moved to restart oil production in Ogoniland in Rivers State.

The president disclosed this on Wednesday when he conferred posthumous national honours of Commander of the Order of the Niger, CON, on the late Ogoni four; Albert Badey, Edward Kobani, Theophilus Orage, and Samuel Orage.

Conferring the honours at the Presidential Villa in Abuja, Tinubu urged the Ogoni people to embrace reconciliation and unity after decades of division.

He assured them of his administration’s support for peace, environmental remediation, and economic revival in the land.

“I am encouraged by the overwhelming consensus of the Ogoni communities to welcome the resumption of oil production.

“The government will deploy every resource to support your people in this march towards shared prosperity,” he said.

The president directed the National Security Adviser, NSA, Mallam Nuhu Ribadu, to begin engagements between Ogoni communities, NNPCL, and other stakeholders to finalise modalities for restarting operations.

Earlier in his report, the NSA stated that the consultations engaged all four Ogoni zones and the diaspora, capturing demands for structured participation in oil production, accelerated cleanup, and sustainable development.

News

Former Oyo Police Commissioner Is Dead

Published

12 hours ago

September 24, 2025

Editor

A Former Commissioner of Police in Oyo State, Abiodun Odude is dead.

The shocking news of his death was shared by the Chairman, Ibadan branch of Government College, GCI Old Boys Association, Akin Orowale on the Association’s platform.

Abiodun Odude, an old boy of GCI, served as Oyo CP between 2017 and 2019.

In the meantime, reactions have continued to trail the death of Odude.

A former Director General, Oyo State Signage and Advertisement Agency (OYSAA), and GCI OBA stalwart, Dr Yinka Adepoju posted this on platform.

“Hmmm, another deep cut in the GCI Old Boys Association and Boys of 71 Set in particular!

“May the Soul of Biodun rest in peace as l pray that the Lord comforts all members of this Great 71Set and his entire family members, ‘Yinka Adepoju @71, 2356# Grierson”

“So sad to lose such a personality NOW. But what can we do? Nothing absolutely than to wish him eternal rest and divine consolation to the loved ones left behind, particularly his immediate family and GCIOBA,” another old boy, who is an Ibadan based politician, Mr Adeniyi Adeoti said.

The late Odude served in the Intelligence Department, Zone 2, Lagos State as Deputy Commissioner of Police, CID, Panti, Yaba; he was Commissioner of Police, Administration; Department of Finance and Admin., Force Headquarters, Abuja.

News

Lagos Govt Gives Computer Village Traders Ultimatum To Relocate To Katangowa

Published

16 hours ago

September 24, 2025

Editor

The Lagos State Government has given traders at the popular Computer Village in Ikeja an 18-month deadline to move to a new permanent site at Katangowa, in the Agbado/Oke-Odo Local Council Development Area.

The Permanent Secretary of the Ministry of Physical Planning and Urban Development, Gbolahan Oki, disclosed this during a stakeholders’ engagement with market leaders and traders on Tuesday.

According to him, the state government has provided the necessary infrastructure and facilities at the Katangowa site to ensure a conducive business environment once the relocation takes effect.

“The government wants your cooperation to ensure the relocation comes to pass. The time is now. We have to make the project a reality. The relocation period is 18 months,” Oki said.

He explained that Computer Village currently sits on land originally designated as a residential area, which over time was converted into a bustling commercial hub without formal approval from the government.

Oki also revealed that plans to move traders from Ikeja to Katangowa have been in the works since 2006 but were stalled due to delays in completing the new site.

Emphasizing Governor Babajide Sanwo-Olu’s commitment to inclusive governance, he noted that the stakeholders’ meeting was convened to carry traders along in the government’s plans.

“The governor is passionate about infrastructure development and the welfare of Lagosians. Katangowa has been designated as the permanent site for this market. It sits on 15 hectares of land, well-planned and strategically located near essential resources for your businesses.

“The present location in Ikeja was never meant to serve as a trading hub. What we are offering at Katangowa is a structured market environment that supports growth while addressing environmental and urban planning concerns. We want to work with you and jointly plan this relocation,” Oki said.