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ASUU Strike: Private Varsities Go After ASUU Scholars, Union Laments on Increasing Brain-Drain

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Asuu and federal government in meeting

The President of the Academic Staff Union of Universities, Prof Biodun Ogunyemi, on Thursday, laments losing members of the union to private universities due to the ongoing ASUU strike and government refusal to meet the union demands.

He said that court threat from the government cannot happen with university scholars, the Union president affirmed this while featuring on a television program today in Abuja.

He said, “Talking about options, whether they want to go to court and intimidate the union to surrender. You don’t do that with scholars, no country has ever survived it because we have options too.

“We talk about brain-drain now, I can tell you authoritatively that within the last two months, 25 scholars in the North-East have been harvested by this university in Yola. We know the owner. That is how it is happening, the private universities are poaching the public universities now because they can only thrive when the public universities crumble.

“We are also aware that some few months back, Ethiopia came to Nigeria, and harvested as many as 200 professors and they are still looking for more. I don’t know if the government wants their appointees to start teaching the students. Of course, many of them don’t have their children in public universities, that is why they cannot feel it. Our scholars are our national assets and we should not allow them to be decimated.

ASUU president further said that the union will play an active role to ensure that the integrity test process being conducted on the proposed payment software platform by ASUU, University Transparent and Accountability Solution (UTAS), will not be delayed by the union nor the government.

Prof. Ogunyemi explained that the integrity test being conducted on UTAS would not last more than one week if the government “is conscientious about the process”. This was contrary to the statement made by Chris Ngige, Minister of Labour and Employment.

In a meeting held on Tuesday at Abuja, the Minister had informed the State House correspondents that the Nigeria Information Technology Development Agency (NITDA) was conducting the integrity test on the software and it would be completed within six to eight weeks.

However, Prof. Ogunyemi reacted to the statement, he said that “On UTAS, I want to say that this thing about six, eight weeks is unfounded. I want to tell you categorically is if the government is sincere and conscientious about the process in motion now, within one week, we can put the integrity test behind us.”

“As of yesterday (Wednesday), we did a practical demonstration with more than 30 experts in NITDA, UTAS was demonstrated at NITDA yesterday and none of the experts faulted it. And with that, we are good to go.

“UTAS has no problem, UTAS has no blemish, UTAS is far higher in integrity, content, and validity over the IPPIS. There is no basis for comparison. So, let no government official, no matter how highly placed slow down the process, otherwise, our members will resist it with all legitimate means,” Ogunyemi explained.

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Economy

Federal Government Halts Cooking Gas Export to Lower Local Prices

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cooking gas cylinder

In a bid to stabilize domestic prices and meet rising demand for cooking gas within Nigeria, the Federal Government has announced a temporary halt on the exportation of Liquefied Petroleum Gas (LPG), commonly known as cooking gas.

This decision follows a significant surge in the cost of cooking gas, which has placed a strain on consumers across the country.

According to reports, the halt in LPG export aims to increase the availability of the commodity within Nigeria’s borders, thereby reducing its local price.

The move is part of broader efforts to address the challenges faced by consumers grappling with the high cost of living.

In recent years, the demand for cooking gas has steadily increased in Nigeria, driven by urbanization, population growth, and a shift towards cleaner energy sources.

However, despite being a major producer of LPG, Nigeria has struggled to meet its domestic demand due to insufficient local production and distribution infrastructure.

Data from the Nigerian Midstream Downstream Petroleum Regulatory Authority reveals that while the total consumption of cooking gas in Nigeria has been on the rise, the country has relied heavily on imports to bridge the supply gap.

The recent decision by the government underscores its commitment to prioritizing the domestic market and ensuring that Nigerians have access to affordable cooking gas.

Consumers have been grappling with escalating prices, with reports indicating a significant increase in the cost of refilling a 12.5kg cylinder of cooking gas in major cities like Abuja, Lagos, and Kano.

The decision to halt LPG exports signals a proactive measure by the government to mitigate the adverse effects of rising prices and alleviate the financial burden on households across the nation.

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Economy

Manufacturing Sector Records 7.70% Quarter-on-Quarter Growth in Q4 2023

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German manufacturing

In the fourth quarter of 2023, Nigeria’s manufacturing sector grew by 7.70% year-on-year, according to the National Bureau of Statistics (NBS).

The surge in growth reflects a significant uptick from the preceding quarter and underscores the resilience of the manufacturing industry amid economic challenges.

This growth trajectory indicates positive momentum and signals potential opportunities for economic recovery and development.

The manufacturing sector, comprising thirteen key activities ranging from oil refining to motor vehicles and assembly, demonstrated notable dynamism across various subsectors.

This growth surge is attributed to increased production, enhanced operational efficiencies, and strategic investments across the manufacturing value chain.

Despite facing headwinds such as supply chain disruptions and regulatory uncertainties, the sector’s robust performance underscores its pivotal role in driving economic diversification, job creation, and industrialization efforts in Nigeria.

Moving forward, sustaining this growth momentum will require continued policy support, investment in infrastructure, and efforts to address key bottlenecks hindering the sector’s expansion.

By fostering an enabling business environment and promoting innovation and technology adoption, Nigeria’s manufacturing sector can further catalyze inclusive economic growth and contribute significantly to the nation’s development agenda.

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Economy

Nigeria’s GDP Grows by 3.46% in Q4 2023, Driven by Services

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Nigeria’s Gross Domestic Product (GDP) grew by 3.46% in the fourth quarter (Q4) of 2023 on the back of robust performance of the services sector, according to data released by the National Bureau of Statistics (NBS).

The GDP expansion though slightly lower than the 3.52% recorded in the same period of 2022, reflects a positive trajectory for the Nigerian economy amid ongoing challenges.

The growth rate surpassed the 2.54% recorded in the preceding quarter, indicating a rebound in economic activity.

The services sector emerged as the key driver of growth expanding by 3.98% and contributing 56.55% to the overall GDP.

This sector’s resilience underscores its pivotal role in Nigeria’s economic landscape, encompassing diverse industries such as telecommunications, finance, and real estate.

Also, the agriculture sector experienced growth, expanding by 2.10% compared to the same period in 2022.

Meanwhile, the industry sector recorded a notable improvement, growing by 3.86%, a stark contrast to the -0.94% contraction observed in the fourth quarter of 2022.

On an annual basis, Nigeria’s GDP expanded by 2.74% in 2023 compared to 3.10% in the previous year, reflecting sustained but moderated growth.

The positive trajectory in GDP growth reflects resilience in the face of various economic challenges.

However, sustaining and accelerating growth will require continued efforts to address structural bottlenecks, foster investment, and promote inclusive economic policies across sectors.

Nigeria’s Oil Sector Growth

During the fourth quarter of 2023, Nigeria’s oil sector posted a real growth rate of 12.11% year-on-year, signifying a significant improvement from previous periods.

This was driven by the surge in average daily oil production to 1.55 million barrels per day (mbpd), a positive shift in the sector’s performance.

Despite challenges such as global market fluctuations and production constraints, the oil sector contributed 4.70% to the nation’s total real GDP in Q4 2023.

Nigeria’s Non-Oil Sector

Nigeria’s non-oil sector sustained growth momentum, posting a 3.07% real growth rate in Q4 2023.

This growth was primarily attributed to key industries including finance, telecommunications, agriculture, manufacturing, and construction.

Accounting for 95.30% of the nation’s GDP in the same quarter, the non-oil sector continues to drive economic diversification efforts and reduce dependence on oil revenues.

Despite facing challenges, such as infrastructure deficits and regulatory bottlenecks, the sector’s resilience underscores its pivotal role in fostering sustainable economic development and inclusive growth agendas.

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