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Strike: FG, ASUU Reach Partial Consensus

Published

7 years ago

December 11, 2018

Eric

The Federal Government and the striking Academic Staff Union of Universities have reached a partial agreement, Dr Chris Ngige, the Minister of Labour and Employment, announced on Monday.

Ngige made the announcement at a reconciliation meeting in Abuja aimed at finding ways of resolving the strike which commenced on November 5.

He said, “we have finished our deliberation for today. I am happy to report that we touched some areas of understanding in implementation from the Memorandum of Action which we agreed to in 2017.

“Some of these areas we have substantial compliance and some other areas have not been fully dealt with.

“Like the issue of shortfall in salaries of some Federal Universities’ workers and lecturers, ASUU has given a list to the Accountant-General’s Office and we have agreed that by Wednesday that list should be cross-checked by the Presidential Initiative on Continuous Auditing.

“So, the Accountant-General’s Office is to get back to us by Wednesday.

“We also have the issue of earned allowances, revitalisation, these are issues of 2009 agreement and partial implementation and we have agreed on the modus operandi to look into the fund situation, this is due to low revenue on the part of government. ”

He noted that the meeting had identified one area to look for the fund for the revalidation and that the appropriate government organ would be contacted on the issue.

Ngige said that government was sure to have good information for the striking lecturers.

He said the same situation applied to other allowances, adding: “we have agreed on what we are going to do to make sure that the outstanding amount is handled in a way that all parties will be properly accommodated.

“We also discussed the issue of state universities and agreed also that even if education is on the concurrent list, the universities should be properly funded and staffed so that we do not produce half-baked students from those universities.

“In realisation of this the Ministry of Education will set up a committee, that would engage the Nigeria Governors’ Forum, and the Minister of Education has taken steps in that direction to formalise the interaction.

The minister said he hoped with the agreement reached that the union would call off the strike in order for students to go back to school.

He said the next meeting would be at 4pm on December 17.

On his part, Prof. Abiodun Ogunyemi, ASUU National President, said they had a useful discussion.

“Our own understanding is that we heard promises made on the part of government, we shall await the report on all the issues, which they have made the promises.

“Only after that, we can get back to our members to take a decision,” he said.

(NAN)

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Senate Approves Tinubu’s N1.15tr Domestic Loan Request to Fund 2025 Budget Deficit

Published

20 hours ago

November 12, 2025

Eric

The Senate has approved President Bola Tinubu’s request to raise N1.15 trillion from the domestic debt market to cover the unfunded portion of the 2025 budget deficit.

The approval followed the adoption of a report by the Senate Committee on Local and Foreign Debt during plenary on Wednesday.

The committee noted that the 2025 Appropriation Act provides for a total expenditure of N59.99 trillion, representing an increase of N5.25 trillion over the N54.74 trillion initially proposed by the Executive.

This expansion created a total budget deficit of N14.10 trillion. Of this, N12.95 trillion had already been approved for borrowing, leaving an unfunded deficit of approximately N1.15 trillion (N1,147,462,863,321).

In a related development, a motion by Senator Abdul Ningi was adopted, directing the Senate Committee on Appropriations to intensify its oversight to ensure that the borrowed funds are properly implemented in the 2025 fiscal year and used strictly for their intended purposes.

President Tinubu had on November 4th requested the approval of the National Assembly for a fresh ₦1.15 trillion borrowing from the domestic debt market to help finance the deficit in the 2025 budget.

The President’s request was conveyed in a letter. According to the letter, the proposed borrowing is intended to bridge the funding gap and ensure full implementation of government programs and projects under the 2025 fiscal plan.

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APC’s Joe Igbokwe Calls for Dismissal of Soldier Who Stood His Ground Against Wike

Published

1 day ago

November 12, 2025

Eric

A member of the All Progressives Congress (APC), Joe Igbokwe, has called for the dismissal of the soldier who resisted the Minister of the Federal Capital Territory, Nyesom Wike.

The soldier had blocked Wike and officials of the FCTA from accessing a portion of land in the FCT.

The officer, claiming he was acting on instructions, told Wike that he would not be allowed into the property. Wike, however, questioned his authority, leading to a heated confrontation and name calling.

Reacting on Facebook, Igbokwe questioned who was behind the military officer in challenging the FCT Minister.

He wrote, “Who is this man in uniform? Of what meat is he fed? Who is beating the drum for him? This is unacceptable? His uniform has to be removed.”

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Senates Rejects NNPCL’s Explanation, Orders Refund of N210trn to Govt

Published

1 day ago

November 12, 2025

Eric

The Senate has rejected the explanations provided by the Nigerian National Petroleum Company Limited (NNPCL) regarding the ₦210 trillion outstanding against the oil firm.

It came to the conclusion on Wednesday that the money, which had not been accounted for, must be refunded to the Federation Account by the company.

The Senate Committee on Public Accounts chaired by Aliyu Wadada, which has been on the probe for months, took the decision on Tuesday after the Group Chief Executive Officer (GCEO) of the NNPCL, Bayo Ojulari, failed to turn up at its resumed sitting at the National Assembly.

The session was called to give the NNPCL the opportunity to make clarifications on the answers the company provided to the 19 questions the panel asked the firm about the ₦210 trillion.

Following a review of the operations of the NNPCL from 2017-2023, the committee sighted the unexplained transaction, totaling ₦103 trillion (accrued expenses) and ₦107 trillion (receivables) in the audited financial statements of the firm, prompting it to raise the queries.

After weeks of back-and-forth between the committee and the NNPCL, the NNPCL eventually responded to the 19 questions.

However, at a resumed session, Senator Wadada frowned at the absence of Ojulari, whom the committee said gave no reasons for staying away, consequently rejected the explanations.

The Chairman of the committee, Senator Aliyu Wadada, while speaking on the panel’s findings, said the responses were not only unsatisfactory, but were also contradictory.

“NNPC claimed ₦103 trillion as accrued expenses and ₦107 trillion as receivables -amounting to ₦210 trillion. On question eight, NNPC’s explanation on the ₦107 trillion receivables -equivalent to about $117 billion -contradicts available facts and evidence provided by NNPC itself. The committee is duty-bound to reject this,” he stated.

Wadada further questioned how the firm could pay ₦103 trillion in Cash Calls to Joint Venture (JV) partners in 2023 alone, despite generating only ₦24 trillion in crude revenue between 2017 and 2022.

“Cash Call arrangements were abolished in 2016 under the President Muhammadu Buhari administration. How can NNPC claim to have paid ₦103trn in one year, when it only generated ₦24trn in revenue over five years? Where did NNPC get that money?

“As far as this committee is concerned, that figure is unjustifiable and unacceptable. The ₦103 trillion must be returned to the Treasury. This will be concluded when the NNPCL appears before us,” he stated.

The committee said it would have been better for the current management of the NNPCL to admit that it encountered challenges in explaining what happened to the funds than giving contradictory answers to the questions.

“If the present management of NNPCL is finding it difficult to provide acceptable answers, it is better they say so. The committee will not hesitate to subpoena former officials of NNPCL and NAPIMS,” Wadada added.