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Business

ASUU insists it won’t call off strike until withheld salaries are paid by FG

ASUU has insisted that it would not call off its strike action until the FG fulfils its promise and pays all the withheld salaries of its members.

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ASUU gives conditions to call off its nationwide strike action

The Academic Staff Union of Universities (ASUU) has insisted that it would not call off its strike action until the Federal Government fulfils its promise and pays all the withheld salaries of its members.

According to a report from Punch, this disclosure was made by the President of ASUU, Prof. Biodun Ogunyemi, during a telephone interview on Sunday, December 6, 2020, in Lagos, where he said the government should not expect the lecturers to resume without paying the withheld salaries.

READ: Nigeria’s University lecturers union, ASUU, calls off 8-month strike

Ogunyemi explained that the university lecturers were still consulting and at the same time waiting for the government to fulfil its promise of releasing the withheld salaries of members of the union.

The ASUU President said, “We are still consulting and we have not finished consultation. By the end of this week, we shall make our report public. There are promises government made with dates, government promised to release the salaries of our members, the withheld salaries have not been paid and we need to have information on that. Government should not expect us to resume without releasing our salaries.”

READ: ASUU insists on rejection of IPPIS, says some Professors get N8,000 as salary

While stating that the union would take a final decision once the timeline expired this week without the salaries being paid, Ogunyemi also pointed out that he could not determine when ASUU would suspend the strike.

He said, “I can’t vouch for anything about resumption, but my members will determine that. The only thing I know is that payment of withheld salaries can smoothen the process and that is what we have told the government. It will aid the final decision.

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“The government gave a timeline and we are monitoring, once the timeline expires this week, our members will take a final decision. If they pay the withheld salaries, it will make the process easier to handle.”

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READ: FG to revive 3 power projects in Abia by first quarter 2021

What you should know about ASUU strike

  • It can be recalled that there were media reports on November 27 that ASUU had agreed to call off its 8-month old strike action, following the Federal Government’s promise to increase its offer for Earned Allowances and funding for the revitalization of public universities from N65 billion to N70 billion.
  • However, a day later, the ASUU President denied that the union had agreed to call off the strike. He said it was only agreed that the union would convey the government’s message to their various organs and then report back to the government. It also said that the payment of outstanding salaries must not be done through the Integrated Personnel Payroll and Information System (IPPIS).

READ: E-Citizenship automation has generated N2 billion for FG – Interior Ministry

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Chike Olisah is a graduate of accountancy with over 15 years working experience in the financial service sector. He has worked in research and marketing departments of three top commercial banks. Chike is a senior member of the Nairametrics Editorial Team. You may contact him via his email- [email protected]

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    Business

    CBN includes sugar, wheat on FX restriction list

    The CBN is set to include sugar and wheat in the forex restriction list.

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    CBN forex restrictions on food itemsCBN approves new cheque standard for banks

    The Central Bank of Nigeria has announced plans to place sugar and wheat on its FX restriction list.

    The plan was disclosed by the apex bank via its verified Twitter handle in a statement credited to the CBN governor, Godwin Emefiele.

    The tweet stated: “Sugar and Wheat to go into our FX restriction list. We must work together to produce these items in Nigeria rather than import them. #Emefiele.”

    It would be recalled that over the years, the CBN has been reviewing its list of restricted food items to include more items, with the most recent being the addition of maize, a widely-consumed staple food in the country.

    What you should know

    • The CBN governor, Mr Godwin Emefiele, had earlier (on Thursday) given this hint while on an inspection visit to the proposed $500 million sugar processing facility in Nasarawa state, belonging to Dangote Sugar.
    • In 2015, the CBN listed 41 items that had been placed on its FX restriction list citing that the move was necessary to conserve the nation’s foreign reserve and boost local production of the items on the restriction list.
    • Some of the items which made the 2015 list are margarine, poultry and eggs, rice, and cement.
    • In 2020, the apex bank included maize in its FX restriction list as it directed all authorised dealers to immediately discontinue the processing of Forms M for maize/corn importation into the country.
    • Nairametrics had also earlier explained in its publication following the new policy shift, that the government’s premise for deciding to restrict FOREX on food is faulty, especially since Nigeria has not attained full food security and the agricultural sector is still struggling.

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    Business

    FG signs new Sustainable Development Goals agreement with UN

    The Agreement is for new development cooperation with initiatives towards achieving Sustainable Development Goals set in the UN Agenda 2030.

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    Xenophobia, FG reacts to inclusion of Nigeria on religious freedom blacklist by United States

    The Nigerian Government has signed a deal with the United Nations to develop new cooperation towards achieving Sustainable Development Goals.

    This was disclosed by the Minister of Foreign Affairs, Geoffrey Onyeama, in a statement on Thursday after the agreement was signed with the United Nations Office for Project Services, UNOPS, represented by Ifeoma Charles.

    The Minister said, “On behalf of the Nigerian Government, I signed an agreement with the UNOPS represented by Ifeoma Charles Multi-Country Office Rep. The Agreement is for a new development cooperation with initiatives towards achieving Sustainable Development Goals set in the UN Agenda 2030.”

    What you should know 

    The 17 Sustainable Development Goals are:

    No Poverty; Zero Hunger, Good Health, and Well-being; Quality Education; Gender Equality; Clean Water and Sanitation; Affordable and Clean Energy; Decent Work and Economic Growth; Industry, Innovation and Infrastructure; Reducing Inequality; Sustainable Cities and Communities; Responsible Consumption and Production; Climate Action; Life Below Water; Life on Land; Peace, Justice and Strong Institutions; and Partnership for the Goals.

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