Nigeria Government Begins Online Registration Of Unemployed Youths

The Deputy Director, Information & Public Relations, National Directorate of Employment, NDE, Edmund Onwuliri has said in Abuja that the Federal government will today open a portal for the registration of unemployed Nigerians.

Breaking: PENGASSAN suspends nationwide strike

The Petroleum and Natural Gas Workers of Nigeria (PENGASSAN) has suspended its nationwide strike with immediate effect, the News Agency of Nigeria is reporting.

The oil workers union suspended the strike at the end of its National Executive Council Meeting, which was called to review offers made by government during days of negotiations.

The union had earlier met with the Minister of Labour and Productivity, Chris Ngige.

Details of the agreements reached by the parties are sketchy at this time.

The unions had on July 7 declared a strike over “unresolved issues” affecting the smooth operation of the oil and gas industry.

The acting general secretary of PENGASSAN, Lumumba Okugbawa, had told newsmen on Tuesday that some of the association’s demands bordered on issues that could strengthen the oil and gas industry and the country’s economy.

Photo News: Lai Mohammed on HotFm Peoples Assembly

Lai Mohammed, Zandras, Joey and Rita. Photo Credit HotFm Nigeria

Nigerian Minister of information Lai Mohammed earlier this morning made a special appearance on HotFM 98.3 Abuja flagship programme “Peoples’ Assembly” where he clarified Federal Government stand on the present fuel crisis.
He also spoke about the strike action carried out by the Nigeria Labour union (NLC) and its Trade Union Congress counterpart (TUC)
Check out some of the pictures after the cut.

Bayelsa State workers begin strike over unpaid salaries

Bayelsa State Governor

Civil servants in Bayelsa State will on Thursday (today) proceed on an indefinite strike over months of salary arrears owed them by the state government.

This is just as the 21-day ultimatum issued by workers’ unions to the Bayelsa State Government to pay all outstanding salaries and allowances elapsed on Wednesday (yesterday).

The state chapters of the Nigeria Labour Congress and the Trade Union Congress had issued an ultimatum to the government on Thursday, April 28, 2016.

They had warned that at the end of the ultimatum, they would take an action against the government if it failed to comply with their demands.

State workers are currently owed four months’ salaries with pensioners being owed seven months’ arrears even as local government council workers are being owed 12 months’ unpaid salaries.

Richest man in Africa, Aliko Dangote donates 10 million dollars to the persons displaced by the Boko Haram insurgency

Richest man in Africa, Nigerian business tycoon Aliko Dangote donates 10 million dollars to the persons displaced by the Boko Haram insurgency in Borno state, Nigeria.
Mr. Dangote made a commitment to end malnutrition, hunger and starvation in the refugee camps and other parts of the country.

National Electric Regulatory Commission Says No Going Back On Tariff Increase

Nigeria Electricity Regulation Commission, NERC, has expressed its readiness to commence February 1^st increase on Electricity tariff despite complaints.

In an exclusive interview with Rosacomms, Acting Chief Executive Officer of the Commission, Tony Aka assured Nigerian electricity consumers that arrangement has been concluded to ease the suffering of the consumers even in the face of the new tariff.

Fire Destroyed Timber and Machines worth Millions of Naira in Benin

An early morning fire outbreak at the ‘Pipeline Timber Market’ in Benin yesterday destroyed timber and machines worth millions of naira.
An eyewitness, Mr Precious Emmanuel, disclosed that the fire started at about 3 a.m., adding that the prompt response of the fire service helped to save some parts of the market.
“We woke up to see that the market was on fire. We believe that the fire was caused by those boys who smoke Indian hemp in the market.

Nigeria: Labour Ministry Debunks Massive Employment

The federal ministry of labour and employment has debunk reports that it has been tasked with responsibility to begin receiving curriculum vitae (CV) for immediate employment, warning unemployed Nigerians to be wary of being duped.
The ministry in a statement by the deputy director, press, Olowookere Samuel, said, “The attention of the minister of labour and employment, Senator Chris Ngige, has been drawn to an online publication requesting unemployed Nigerian youths to submit application for employment at the federal ministry of labour and employment headquarter and zonal offices nationwide.”
An announcement that the federal government of Nigeria has directed the federal ministry of labour and employment to start receiving CV’s massively nationwide from graduates for employment in 2016 has been trending online.

Fuel scarcity: Tanker drivers to partner Government

Petroleum Tanker Drivers has pledged to work with the Federal Government to end the ongoing fuel scarcity across the country.

Its National Chairman, Comrade Salimon Oladiti, said the union will work round the clock to ensure the delivery of petroleum products to filling stations across the country throughout the festive period and beyond.

He expressed the readiness of Driver to support government at reducing the problem of fuel scarcity to the barest minimum through the engagement of tanker drivers to work round the clock, without weekends and holidays, lifting and discharging products around the country, until queues disappear from filling stations.

FG Reduces Pump Price of Petrol from January 1 2016

Federal Government has said that effective January 1, 2016, Premium Motor Spirit, PMS otherwise known as petrol, would be sold at eighty six naira per litre by the Nigerian National Petroleum Corporation, NNPC Retail stations, while other oil marketers would sell at N86.50 per litre.

Speaking to newsmen in Abuja, Executive Secretary of the Petroleum Products Pricing Regulatory Agency, PPPRA, Farouk Ahmed, also announced the first quarter 2016 PMS import allocation of three million metric tonnes to the NNPC and other oil marketers.

On the review of the price of petrol, Ahmed said the reduction in the price of the commodity was due to an implementation of the revised components of the Petroleum Products Pricing Template for PMS and household kerosene.

FG may reduce petrol to N85/liter January 1

The Federal Government may reduce the pump price of petrol to N85 per liter from January 1, 2016. The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, made this disclosure to journalists at the Port Harcourt Refining Company, Rivers State, after inspecting the plant.

Dangote Buys Ex-Subsidiary To Save Over 3,000 Jobs

Dangote Industries Limited (DIL) has explained why it bought back its former subsidiary, Tiger Branded Consumer Goods (TBCG). It said its action is to prevent the company from dying and also save the job of over 3,000 Nigerians.

Guinness Nigeria sues NAFDAC over N1bn fine

Guinness Nigeria Plc has approached a Lagos High Court in Igbosere to challenge the N1bn fine imposed on it by the National Agency for Food and Drug Administration and Control.
The company urged the court to perpetually restrain NAFDAC from publicly discussing, analysing or providing any information to the media, whether print, electronic or in any other manner,” to suggest that the decision to sanction it was lawful.

Nigerian govt to reactivate Ajaokuta and Aluminium Smelter Company of Nigeria

The Minister of Solid Minerals, Kayode Fayemi, has described the current status of both the Ajaokuta Steel Company and Aluminium Smelter Company of Nigeria as symbols of collective shame and embarrassment for all Nigerians.

President Buhari presents N6.08trillion budget for 2016

Presented Muhammad Buhari has presented a N6.08 trillion budget for the fiscal year 2016. Mr. Buhari presented the budget Tuesday morning before a joint session of the National Assembly.

SEC revokes licences of 84 capital market operators

The Securities and Exchange Commission (SEC) over the weekend revoked the operational licences of “84 capital market operators that are inactive”.

Nigeria House of Reps fault review of $5.2bn fine imposed on MTN

The House of Representatives has expressed concern over the controversy trailing and implications of fine imposed on the South African telecoms company, MTN.

The lawmakers during the overview of the process leading to the reduction of the N1.040 trillion or $5.2 billion fine frowned at the failure of Nigerian Communications Commission (NCC) to involve the National Assembly in the process, which they described as unsatisfactory.

EFCC files fresh charges against ex-NIMASA boss

The Economic and Financial Crimes Commission (EFCC) has files two fresh charges against Akpobolokemi, former NIMASA DG, and yesterday.
About 24 hours after he was re-arrested in front of the Federal High Court in Ikoyi, Lagos, EFCC slammed two separate charges on Patrick Apkobolokemi, a former Director General of NIMASA and others.

President Buhari to present 2016 appropriation to National Assembly next week

As it gets set to receive the 2016 budget which is to be presented on Tuesday next week, the Nigeria Senate has approved the medium term expenditure framework and fiscal strategy paper submitted to it by President Muhammadu Buhari.

Oil Marketers Get N407bn Subsidy Payment

The Federal Government of Nigeria has agreed the immediate payment of N407 billion ($2.1 billion) owed to fuel importers under a subsidy scheme, the finance ministry said on Wednesday. Africa’s biggest oil producer imports most of its gasoline requirement because of its dilapidated refining system, which President Muhammadu Buhari is keen to revive.