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December 6, 2024 ASUU Appeals to Federal Government Not to Phase Out TETFUND

ASUU Appeals to Federal Government Not to Phase Out TETFUND

The Academic Staff Union of Universities (ASUU) has appealed to the Federal Government not to systemically phase out the Tertiary Education Trust Fund (TETFund) which has “transformed” tertiary educational institutions in Nigeria in the last three decades.

ASUU warned that suffocating the funding source of TETFund to run the Nigerian Education Loan Fund (NELFUND) would destroy public education in the country.

ASUU president, EMMANUEL OSODEKE said rather than systematically phase out TETFund which derives its funding from consolidated revenue from company income tax, the government should bankroll the newly formed NELFUND from Value Added Tax (VAT).

December 5, 2024 PDP Board of Trustees Knock Tinubu Over Reforms

PDP Board of Trustees Knock Tinubu Over Reforms

The Board of Trustees of the People’s Democratic Party, PDP, has declared that President BOLA TINUBU’s ‘poorly-implemented reforms’ were pushing millions of Nigerians deeper into poverty.

 

Chairman of the BoT, Senator ADOLPHUS WABARA, spoke for the Board in his opening remarks at the ongoing emergency meeting holding at the party’s National Secretariat, in Abuja.

 

The PDP BoT also expressed dismay over the decision of the party’s National Working Committee, NWC, to postpone the National Executive Committee, NEC, meeting for three consecutive times.

December 5, 2024 Senate Denies Suspension of Tax Reform Bills

Senate Denies Suspension of Tax Reform Bills

The Senate has reaffirmed its commitment to advancing the Tax Reform Bills, stressing that no aspect of the legislative process has been suspended or withdrawn.

Senate President, Senator GODSWILL AKPABIO stated during plenary on Thursday that the upper chamber remains focused on its mandate to represent Nigerians’ interests and will not be intimidated by external pressures.

Against the backdrop of a point of order raised by the leader of the Senate, Senator OPEYEMI BAMIDELE, AKPABIO dismissed reports in the media suggesting that deliberations on the bills have been suspended or withdrawn.

Dismissing any attempts to pressure the chamber, the Senate President also stated that the Senate cannot be bullied as any reform that it is convinced serves the interest of Nigerians will proceed.

December 4, 2024 NLC Akwa Ibom Suspend Planned Strike Action as Minimum Wage Implementation Date is Agreed with Government

NLC Akwa Ibom Suspend Planned Strike Action as Minimum Wage Implementation Date is Agreed with Government

The Akwa Ibom State Council of Nigeria Labour Congress – NLC has suspended its proposed indefinite strike action earlier scheduled for today, Wednesday December 4, 2024, directing workers to report at their respective Work places.

According to a Press Statement issued by the State Chairman of NLC, Comrade SUNNY JAMES, the strike suspension follows the successful negotiation and the subsequent signing of the New Minimum Wage Agreement between the Akwa Ibom State Government and the Organized Labour yesterday.

The Statement noted that the signed 80, 000 naira minimum wage agreement is effective from November 1, 2024 and that since Salaries had already been paid for November 2024, the differential arrears will be paid on or before the end of February 2025, while the December 2024 Salary will be paid on the basis of the agreed New Minimum Wage.

Comrade SUNNY JAMES further noted that the Committee on minimum wage has alsoagreed to increase the Pension of Retirees in the State by 32,000 naira per month, in line with the Circular of the National Salaries, Income and Wages Commission, issued in September 27, 2024.

The organized Labour therefore appreciated the Fatherly commitment and Love of Governor UMO ENO for His timely conclusion of the minimum Wage Agreement and other welfare packages to the Workers of the State, hoping that workers will reciprocate the kind gesture by improving on their productivity and acceptable service delivery to the State.

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