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April 23, 2024 Akwa Ibom State Governor Appoints New AKICORP Boss
IFMUYONEWS

Akwa Ibom State Governor Appoints New AKICORP Boss

The Akwa Ibom State Governor, Pastor UMO ENO has approved the appointment of Obong IDE O. OWODIONG-IDEMEKO as Chairman, Akwa Ibom Investment Corporation, AKICORP.

 

Mr OWODIONG-IDEMEKO has extensive professional and managerial studies from some top institutions in the world including PeopleSoft University, United Kingdom, Insead School of Business, Fontainebleau – Paris, France; and Thunderbird School of Global Management, Phoenix, Arizona, USA.

 

He possesses expertise in Human Resources, Business Leadership, Planning and Strategy, Organizational Effectiveness, Labour and Industrial Relations, and extensive interface in the Nigerian Oil and Gas industry, as well as within EM Regional and Global Business and Support organizations.

 

In statement signed by the Chief Press Secretary to the Governor, Mr OWODIONG-IDEMEKO’s appointment takes immediate effect.

April 22, 2024 Labor Gives Federal Government 7-Point Agenda Ahead of Workers Day on May 1
IFMUYONEWS

Labor Gives Federal Government 7-Point Agenda Ahead of Workers Day on May 1

Moving on to Labour matters, the Nigeria Labour Congress – NLC has listed seven demands from the Federal Government ahead of the May 1, 2024 Workers’ Day.

 

Aside from demanding for a new minimum wage, the NLC is also asking for the creation of state and local government police to tackle insecurity in the country.

 

The congress also stressed that states and local governments, as well as the organised private sector, must pay the new minimum wage when it is eventually approved.

 

The 2024 Workers Day is particularly being looked forward to as it is expected that President BOLA TINUBU may unveil the newly proposed minimum wage for workers in the country on that day.

April 22, 2024 FG Confirms Nigeria’s Qualification for US$ 2.25b World Bank Loan
IFMUYONEWS

FG Confirms Nigeria’s Qualification for US$ 2.25b World Bank Loan

The Federal Government has announced its qualification for a loan from the World Bank, totaling 2.25 billion dollars.

 

The minister of Finance and Coordinating Minister of the Economy, Mr WALE EDUNunveiled this milestone during a joint press conference held by the Ministry of Finance and the Central Bank of Nigeria (CBN) at the spring meetings of the International Monetary Fund (IMF) and the World Bank in Washington D.C.

 

He said the package, approved by the Board of Directors of the World Bank, offers a 40-year term with a 10-year moratorium and a nominal 1 percent interest rate.

 

He added that Nigeria is set to benefit from budgetary support and low-interest funding from the African Development Bank, noting that negotiations with foreign direct investors are also underway.

April 22, 2024 Gov. Umo Eno Warns Saboteurs Against Fuel Hike in Akwa Ibom
IFMUYONEWS

Gov. Umo Eno Warns Saboteurs Against Fuel Hike in Akwa Ibom

Akwa Ibom State Governor, Pastor Umo Eno has warned those he described as a faceless group planning to  obstruct the supply of petroleum products to Akwa Ibom State.

 Governor ENO read the riot act when he spoke at the special service and fund raising for Church building projects at All Nations Christian Ministry Int”l. Onna Mission Field, Ikot Udo Junction, Onna Local Government Area.

 According to the Governor, the  group claiming to be members of the National Union of Petroleum and Natural Gas wish to withdraw their service of fuel delivery in Akwa Ibom.

 The Governor directed the Commissioner for Internal Security to liaise with the Coordinator of Ibom Community Watch and other security agencies to mount surveillance at the borders to checkmate the unscrupulous elements from carrying out their evil intentions.

Governor UMO ENO went ahead to note that he will meet with the Petroleum marketers and affiliate groups today by 5pm to further address the issues.

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