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Business

Minister of Labour says ASUU will call off its strike in January

Senator Chris Ngige, has revealed that ASUU is expected to call off their strike action in January 2021.

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FG warns banks, others, labour demand

The Minister of Labour and Employment, Senator Chris Ngige, has revealed that the Academic Staff Union of Universities (ASUU) is expected to call off its strike action in January 2021.

This follows the progress in negotiations between ASUU and the Federal Government, which Ngige said had reached 98%.

READ: CBN spends N231.2 billion to print banknotes in 6-year, up by 105% 

According to a report from TheNation, this disclosure was made by the Labour Minister, while speaking at his home town in Alor, Idemili South local government area of Anambra State, on Monday, during the launch of Ngige’s free medical outreach at the Community’s Health Center.

READ: FG to sanction banks, oil companies, as employment opportunity becomes family affair

What the Minister is saying

Ngige said, “We have met about 98 percent of the request of ASUU. Some 5 to 2 percent is what you can call promissory notes. So, I am very hopeful that by midnight today, there are some works we are supposed to get on to do. They also have some work they are supposed to do on their own side with their people.

READ: 1,070 investors own at least $6,500,000 worth of Ethereum

“Tuesday, we will meet in the afternoon and we will compare notes. We will put everything on the table and compare. I believe that we might have come to the end of the strike when we meet tomorrow. Well, it is a journey of a thousand miles which you will have to take one step first. Tomorrow, all things being equal, we will agree now to agree because we were disagreeing before.

“We disagree to agree and agree to disagree formerly. But tomorrow, I hope we will agree to agree. Once we do that, schools will reopen in January.”

READ: FG offers N65 billion to ASUU, N15 billion revitalization fund to end strike

What you should know

  • It can be recalled that ASUU had embarked on strike since March 2020, due to a dispute with the Federal Government over the funding of the universities and the implementation of the Integrated Personnel Payroll and Information System (IPPIS), which they were opposed to.
  • Following months of negotiations and back and forth, an agreement was reached after the Federal Government promised to increase its offer for Earned Allowances and funding for the revitalization of public universities from N65 billion to N70 billion, and also that payment of their withheld salaries would not be done through the IPPIS.
  • However, the Federal Government accused ASUU of refusing to reciprocate its gesture, after the union refused to call off its strike action, insisting that the government must pay all outstanding salaries and allowances before they would resume.

READ: Ngige accuses NSITF management of embezzling N48 billion and awarding fake contracts

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

 Onitsha River Port set to receive 1000 containers from Lagos next week

The National Inland Water Ways Authority says1000 containers from Lagos will arrive Onitsha river port.

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 Onitsha River Port Set To Receive 1000 Containers from Lagos Next Week

The National Inland Water Ways Authority has made public its intention to move 1000 containers from Lagos to Onitsha river port.

The statement was made on Thursday by Jibril Dardau the NIWA general manager of Corporate Affairs.

Mr. Jibril Dardau was speaking of the backdrop of an earlier statement made by the executive director of NIWA Mr. George Moughalu. Mr. George Moughalu said the agency is targeting about 1,000 containers to be hauled per trip from Lagos ports to Onitsha River Port within the maximum duration of 4 days.

Moghalu added that NIWA is engaging the Nigeria Ports Authority (NPA) and other stakeholders to facilitate the commencement of the cargo haulage.

NIWA in an official statement articulated the practical modalities involved in the new initiative. It also mentioned the third party companies it would work it during the operation.

“The idea of hauling containers via Burutu Ports to Onitsha River Port is to deliberately avoid the two small bridges of Gbarekolo and Bumandi,

“Because the two bridges are too tiny and shallow for sea moving badges or vessels to ply through, that is why the company (ACTL) is considering the route from Lagos ports to Burutu Port then to Onitsha River Port as the final destination,” the statement added.

What to know

  • The Recent initiative by the National Inland Waterways Authority is aimed at reducing the gridlock at the Sea Ports in Lagos.
  • The Nigerian Government has been accused of intentionally marginalizing the Southeast region by neglecting their Maritime sector.

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Business

Sanwo-Olu commissions 1.4km Pen Cinema, Agege flyover

Governor Sanwo-Olu has commissioned the 1.4km Dual Carriageway Flyover Bridge in Pen Cinema Junction, Agege.

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The Lagos State Governor, Babajide Sanwo-Olu, on Friday officially commissioned the 1.4km Dual Carriageway Flyover Bridge in Pen Cinema Junction, Agege.

This is part of the effort by the state government to reduce the gridlock and improve the traffic situation on that axis.

During the commissioning of the project, Sanwo-Olu said that the flyover would reduce travel time and save man-hour that would have been otherwise lost to traffic on the road.

According to a report from the News Agency of Nigeria (NAN), the Governor said it would provide a better riding surface, leading to reduced maintenance cost; boost interconnectivity and generally make life more meaningful to commuters in the state.

What the Lagos State Governor is saying

Sanwo-Olu said, ”One of the most critical challenges being experienced on a daily basis by residents/road users along the Agege Pen Cinema area over the years is the heavy traffic volume occasioned by the geometric increase in traffic.

Residents and road users along this area have clamoured for a solution to the suffocating nature of the perennial traffic gridlock occasioned by the huge human and vehicular traffic, flowing through this intersection.

”To address the challenge of this huge traffic burden, our administration decided to continue with the construction of a Precast and Pre-stressed Reinforced Concrete Dual-carriage Flyover and Ramp, with road works, across the Agege Pen Cinema Intersection which was then at about 20 per cent completion.

”This is in line with the first pillar of the T.H.E.M.E.S Agenda which targets the provision of roads as a critical infrastructure that will support economic activities.

“It will also enable commercial interactions and ensure ease of commuting from one part of the state to another through the elimination of traffic gridlocks,” he said.

While speaking at the occasion, the Special Adviser to the Governor on Works and Infrastructure, Mrs Aramide Adeyoye, said that the project in its entirety consisted of a dual carriageway 1.4km Flyover Bridge component with two lanes of 3.65m width each in either direction with ramps, including the rehabilitation of five adjoining roads.

She said that the construction of a flyover across the Pen-Cinema intersection in addition to the spur linking old Abeokuta road which was conceived in September 2017, was seen as the solution to the transport/traffic problem on that axis.

What you should know

  • The Agege Pen-Cinema Flyover project was started by the immediate past administration of the former Governor Akinwunmi Ambode in December 2017.
  • The project is expected to crisscross Oba Ogunji Road and Pen Cinema area and over the railroad, terminating at the Agunbiade Street or Oke-Koto area of the Agege community. The bridge also extends to the old Abeokuta highway into Abule Egba.
  • The flyover which was conceived to solve the perennial traffic on that axis has a total length of approximately 1.4 Kilometres and it is designed to have streetlight facilities and pedestrian walkways.

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