Business
Aviation, Railway Unions direct members to join tomorrow’s strike
Three leading unions in the Nigerian aviation industry and Nigerian railways have directed their members to join the planned Nigeria Labour Congress (NLC), starting from Wednesday, August 2, 2023.
The unions vowed not to suspend the action until their parent body; NLC says otherwise.
A circular by the three unions; the National Union of Air Transport Employees (NUATE), the Association of Nigeria Aviation Professionals (ANAP) and the National Association of Aircraft Pilots and Engineers (NAAPE) said that as the affiliate of NLC, it was necessary for their members to join the planned strike.
The circular was signed by Comrade Ocheme Aba; General Secretary, NUATE, Comrade Abdul Rasaq Saidu; General Secretary, ANAP and Comrade Umoh Ofonime, Deputy General Secretary, NAAPE.
- The circular read in part: “As you are aware, the Nigeria Labour Congress (NLC) has directed nationwide protests among the present regime of subsidy removal, which has wrecked untold hardship on workers and the common people.
- “Accordingly, as affiliates of NLC, all state councils and branches of the above-named trade unions are hereby directed to fully join the respective state councils of all Nigeria Labour Congress in all states of Nigeria, starting on August 2, 2023, for the protest.”
Also, a letter by Nigeria Union of Railwaymen (NUR), dated July 31, 2023, and signed by Comrade Segun Esan, its General Secretary, addressed to the Managing Director of Nigeria Railway Corporation (NRC), copied Commissioner of Police, NRC Police Command and several others, said that it would join the strike.
The letter directed the NRC management to fully comply with the action by suspending all operations and keeping all trains at stabling effective from the zero-zero hour to Wednesday 2nd August, 2023 until such a time that the upcoming nationwide protests are suspended.
It also advised the NRC management to mobilise its Police, Nigeria Security and Civil Defence Corps (NSCDC), Man O’ War, and other security apparatus under its control to secure all the fixed and movable assets of the corporation, particularly the workshops, motive power, and rolling stocks.
It also urged the management to lock up all its offices, workshops, and premises across the system, stressing that there would be no admittance whatsoever to the same throughout the days of the nationwide street actions.
It also directed its organs from districts/states to commence with immediate effect massive mobilisation and organising of the entire workers of the corporation to maximally participate in the nationwide protests by working with state councils, other trade union affiliates, and other organisations for effectiveness and success.
- The letter added: “The union organs and members are implored to make visual/movie and pictorial documentation of their participation in the nationwide protests/street actions for dissemination on our union members’ various WhatsApp and other social platforms for references.
- “For our collective recollections: these nationwide protests/street actions starting from Wednesday, 2nd August 2023 are all spontaneously consequent upon the sudden steep in the fuel pump price from N185.00 to N617.00 upon removal of fuel subsidy with attendant spiralling effects on the livability of the working class and the masses; increase in Value Added Tax (VAT), increase in tertiary school fees; et al by the Federal Government.”
Business
Nigeria’s GDP rate grew by 3.46% in Q3 2024, says NBS
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.
Business
Dangote refinery reduces ex-depot price of petrol to N970 for oil marketers
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.”
Business
Allegation of missing fund untrue, says Access Bank
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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