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Nigeria Labour Congress threatens to shut seaports over salary review

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The Nigeria Labour Congress has threatened to shut down the country’s seaports over the government’s refusal to address some of the challenges in the sector.

The President of NLC, Joseph Ajaero, said this on Friday while addressing journalists in Apapa during a courtesy visit to the President of the Maritime Workers Union of Nigeria, Adewale Adeyanju.

Ajaero charged Adeyanju to give the Federal Government a two-week ultimatum to review workers’ salaries and address some of the challenges in the sector.

According to him, the government should explain whose responsibility it is to review the port concession agreements.

He added that no one would blame the MWUN for not being patient enough having waited for two years.

He said, “You wrote to the minister of transportation in 2021 August and 2022 came and passed and we are approaching August 2023. President, if it is going to be possible, give them two weeks ultimatum from today. They will call us if not, you know the central position of maritime in Nigeria even in Africa. Nobody will toil with anything that concerns our workers.

“On this issue alone, labour has been writing since 2021 and this is 2023. I, as the NLC president, do not have any sympathy for anyone who is toiling with the interest of our workers. MWUN president, the decision is yours. When you decide, do them a letter and shut the seaport in the country.”

Ajaero charged the ministries concerned including the ministry of transportation and labour to do their jobs.

“If they do not act on this, NLC will join you. We are going to give you a solidarity action,” he added.

Reacting, the President of MWUN, Adeyanju, said, “We will be giving two weeks ultimatum to the Minister of Transportation to come and explain who is regulating terminal operators. And if nothing is done, we will be shutting down port operations. Thank you for giving us the ultimatum and I want to confirm here that the ultimatum will start on Monday, 6th March 2023. If the government fails to respond, we will shut down the port.”

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Nigeria’s GDP rate grew by 3.46% in Q3 2024, says NBS

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The National Bureau of Statistics (NBS) says Nigeria’s annual gross domestic product (GDP) grew by 3.46 percent in the third quarter (Q3) of 2024.

The NBS, in its GDP report published on Monday, said the growth rate is higher than the 3.19 percent recorded in Q2 2024.

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Dangote refinery reduces ex-depot price of petrol to N970 for oil marketers

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The Dangote Petroleum Refinery has announced a reduction in its ex-depot price of premium motor spirit (PMS), also known as petrol, to N970 per litre for oil marketers.

This is a cut from the refinery’s N990 ex-depot price announced earlier this month, according to a statement on Sunday.

The slash would help marketers save about N20 on each litre of petrol bought from the Lekki-based plant.

Anthony Chiejina, Dangote Group’s chief branding and communications officer, said the move is the refinery’s way of appreciating Nigerians “for their unwavering support in making the refinery a dream come true”.

“In addition, this is to thank the government for their support as this will complement the measures put in place to encourage domestic enterprise for our collective well-being,” the statement reads.

“While the refinery would not compromise on the quality of its petroleum products, we assure you of best quality products that are environmentally friendly and sustainable.

“We are determined to keep ramping up production to meet and surpass our domestic fuel consumption; thus, dispelling any fear of a shortfall in supply.”

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Allegation of missing fund untrue, says Access Bank

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Access Bank Limited has dismissed as untrue allegations of missing fund and unethical behaviour.

The Bank in a statement said: “Our attention has been drawn to a video on social media wherein allegations of missing funds and unethical behaviour have been made against Access Bank PLC.

“First and foremost, we wish to emphasise that the safety and security of our customers’ funds are core priorities which we take seriously. Second, Access Bank Plc does not engage in or condone any unethical behaviour.

“In the instant case, the allegations of missing funds in the Bank are most untrue and baseless.

“There is no N500million or any other fund or amount missing from the subject customer’s account or from any other customer’s account with us.

“We and other independent stakeholders in the banking industry have thoroughly investigated these allegations and independently arrived at the same conclusions.

“Access Bank PLC operates with the highest ethical standards, and we protect our customers’ interests whilst also respecting privacy laws.

“Consequently, whilst we have engaged and will continue to engage with our customers, we must advise the public not to rely on or believe sensational and unverified claims that are designed to titillate and mislead the public.

“We remain committed to serving our customers.”

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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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