By Tunde Rahman With the conclusion last Wednesday June 5, 2024 of the first-ever South Korea-Africa summit attended by no fewer than 30 African Heads of State and South Korea’s President Yoon Suk Yeol, the big question on the lips of many analysts is whether a new chapter has been opened in the relations between the Republic of Korea and Africa, which began in the 1950’s. This question has become pertinent because, though the relationship between the two has always been cordial, it has not been impressive enough in terms of economic cooperation, particularly in the areas of trade and…
Author: Michael Chibuzo
The presidential candidate of the Labour Party in the 2023 presidential election, Mr. Peter Obi has come out to state that his Obidient movement is not part of any particular political party and therefore cannot be a directorate in a political party. Obi’s statement is coming shortly after the Julius Abure-led Labour Party created a new directorate within the Labour Party structure known as the Obidient Directorate to oversee affairs of the Obidient movement. Peter Obi in a statement on his X handle said: “I like to categorically state that the Obidient Movement is not directorate of any particular political…
As Bridge House College (BHC) in Ikoyi celebrates its 20th anniversary, Executive Director of the institution, Dr. (Mrs.) Foluke Abdul-Razaq stated that the college was established two decades ago to provide the best platform for students to access the very best institutions globally and in Nigeria. Dr. Abdul-Razaq made this statement on Tuesday during a press conference marking the beginning of the college’s 20th anniversary celebrations. “Indeed the result of our 20 years of endeavor is that our students have consistently excelled in these renowned citadels of knowledge and are now highly successful professionals and entrepreneurs in Nigeria and abroad”,…
By Michael Chibuzo Since the commencement of negotiations for a new national minimum wage by the Tripartite committee made up of the government representatives (FG, states and LGAs), organised private sector and labour movement, I have been watching closely the body language and rhetoric emanating from the organised labour, especially the Nigerian Labour Congress, who also double as the Trustees of the Labour Party. In particular, since the emergence of Mr. Joe Ajaero as the President of the NLC, that body has become increasingly partisan and progressively bereft of tact and direction. It is important to note that the NLC…
The Organised Labour comprising the Nigeria Labour Congress (NLC), Trade Union Congress (TUC) and other labour centers, has suspended its nationwide strike for five days to allow for uninterrupted meetings of the tripartite committee on the new national minimum wage to reach a possible agreement. Labour leaders on Monday evening met with the Secretary to the Government of the Federation (SGF), George Akume, the National Security Adviser and other government officials. During the meeting, the SGF revealed that the federal government on its part is committed to paying a minimum wage that is above N60,000 and called on labour to…
By Bello Aminu Despite cynical analysis of the power sector by critics, Bello Aminu argues that the president is making steady progress in the complex industry To be sure, Nigeria’s power supply crisis is a multi-decade, multi-faceted challenge, defying even some of the country’s most respected public figures who were picked in the past to oversee the sector. A deputy minister who once headed the ministry said in 2012 that Nigerians must resolve to exorcise the ‘evil spirit’ preventing the country from making headway in its efforts to banish darkness from the government. Ultimately, she left the country in more…
Following the commencement of a nationwide indefinite strike by the Nigerian Labour Congress and the Trade Union Congress, the Federal Government on Monday appealed to the Labour Unions to return to the negotiating table and continue negotiations with the federal and state government as well as the organised private sector under the auspices of the Tripartite Committee inaugurated by the President to recommend a new and realistic national minimum wage for Nigeria. This appeal was made by Minister of Information and National Orientation, Mohammed Idris in Abuja during a press conference which also had in attendance, Nkeiruka Onyejeocha, Minister of…
By Emeka Nwankpa Notwithstanding that one year is too short to assess a four-year tenure, President Bola Ahmed Tinubu has shocked bookmakers with the huge and remarkable ground his solutionist administration has covered, showing unwavering commitment to fostering a conducive environment to long-term local and foreign investments. This vision is evidenced by a raft of bold reforms to make Nigeria a more attractive destination for business notably major improvement in ease-of-doing-business, tax and fiscal policy reforms, and significant changes in the Central Bank’s monetary policies. These efforts have not gone unnoticed. The Central Bank of Nigeria recently reported that foreign…
By Dada Olusegun On May 29, 2023, President Bola Ahmed Tinubu stood on the presidential podium at Eagle Square to kickstart a momentous journey to hope shortly after taking the reins of power as the 16th President of Nigeria. From the first minute, President Tinubu was not under any illusion as to the enormity of the task ahead and the urgency it requires. Therefore, President Bola Ahmed Tinubu in keeping with his boldest campaign promise immediately went ahead to announce the removal of fuel subsidy and followed it up with a directive to the monetary authority to harmonise foreign exchange…
President Bola Ahmed Tinubu has described as disheartening, the news of the killing of five soldiers by suspected militants of the Independent People of Biafra (IPOB) on Thursday who were on peacekeeping duty in Aba, Abia State. The President condemned the attacks, which he described as unwarranted and barbaric, and directed the security agencies to fish out the killers of the soldiers and also go after those calling on people to stay at home. The personal statement from the President reads: “I have received yet another disheartening news of the killing of five soldiers by suspected militants of the proscribed…