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Today’s News from Nigeria-May 17, 2021

Lovejoy OkoliebyLovejoy Okolie
May 17, 2021
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Today’s News from Nigeria-May 17, 2021
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  • Kaduna Electric begs NLC to cancel strike action
  • PDP governors meet on Monday over the state of the nation 
  • Division greets minority’s move against Buhari
  • N120b petrol subsidy to double as CBN adjusts exchange rate

Kaduna Electric begs NLC to cancel strike action

Protest hits Kaduna Electric over nonpayment of salaries, pension - Punch  Newspapers
  • Kaduna Electric has urged the Kaduna State Government (KDSG) and the Nigerian Labour Congress (NLC) to resolve their impasse amicably to avert the planned strike by NLC. The NLC had planned to mobilize workers in both public and private sectors to shut economic activities in the state on Monday, over what it described as obnoxious anti-worker policies by the state government.
  • The company made the appeal in a statement on Sunday in Kaduna through its Head, Corporate Communication, Mr. Abdulazeez Abdullahi. He said that the company as a private corporation was caught in the middle as their staff belonged to a union, affiliated to NLC hence they might be obliged to join any strike called.
  • He explained that the company offered critical utility service in which withdrawal of services would cause untold hardship on residents, adding that the organization also had the responsibility to keep to both their staff and the Nigerian Electricity Supply Industry.

Source: NAN

PDP governors meet on Monday over the state of the nation 

Group lauds Tambuwal for paying new minimum wageNigeria — The Guardian  Nigeria News – Nigeria and World News
Hon Aminu Waziri Tambuwal, Forum Chairman
  • The PDP Governors’ Forum is scheduled to meet on Monday to review the current state of the nation. The Director-General of the forum, Hon. C.I.D. Maduabum, said that the forum would deliberate on issues on national security and the economy.
  • Maduabum said in a statement on Sunday in Abuja that the governors elected under the platform of the PDP would meet in Ibadan, Oyo State.
  • The meeting according him is expected to be attended by the 15 governors elected under PDP and would be presided over by the Forum Chairman, Hon Aminu Waziri Tambuwal. Gov. Seyi Makinde of Oyo State would be the Chief Host.

Source: Vanguard Newspaper 

Division greets minority’s move against Buhari

Again, Northern Groups Call for Buhari's Resignation over  InsecurityTHISDAYLIVE
President Muhammadu Buhari
  • The minority group in the National Assembly is billed to commence actions against the President Muhammadu Buhari as lawmakers resume from Sallah break on Tuesday.
  • The opposition lawmakers, who are majorly of the People’s Democratic Party, are in the final stages in the move against Buhari over his alleged leadership failures.
  • The lawmakers in the minority are compiling the President’s alleged infractions, which they would use against him at the appropriate time.
  • The caucus had on May 5, 2021, threatened to use its legislative powers to move against the President should he continue to breach the Constitution.

Source: Punch Newspaper 

N120b petrol subsidy to double as CBN adjusts exchange rate

  • As the Central Bank of Nigeria (CBN) signals a subtle harmonization of exchange rates with the removal of N379/$1 official rate from its website, all is set for labour unions to lock horns with the Federal Government on petrol subsidy removal.
  • The return of subsidy has posed new challenges for the country in terms of discrepancies in the volume of daily consumed fuel about to be worsened by the apex bank’s adoption of the Investors and Exporters (I&E) window rate, pushing subsidy claims above N120 billion every month.
  • While the Presidential Economic Advisory Council had last week asked President Muhammadu Buhari to remove subsidy on petrol and adopt a pricing regime that reflects the cost of the commodity, the Nigeria Labour Congress (NLC), in a swift reaction at the weekend, insisted that petrol subsidy must not be removed and that it would not shift grounds on this position until Nigeria’s refineries were fixed.

Source: Guardian Newspaper 

Tags: buharicbnkaduna electricnlcpdp
Lovejoy Okolie

Lovejoy Okolie

Lovejoy is a communications enthusiast who currently works as a broadcaster, podcaster and  social media manager. She enjoys meeting people, having great conversations, reading watching movies. The ambitious journalist is working hard to climb the ladder in the comms and PR industry.

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