Connect with us

Business

Industrial Crisis Looms at SEC Over Workers’ Welfare

Published

on

civil-servants
  • Industrial Crisis Looms at SEC Over Workers’ Welfare

An industrial crisis may be brewing at the Securities and Exchange Commission over allegation of poor welfare and victimisation, among others, levelled by SEC workers against the management of the commission.

Already, the workers’ union under the aegis of the Association of Senior Civil Servants of Nigeria, which is an affiliate of the Trade Union Congress of Nigeria, has written a petition to the Minister of Labour and Productivity, Dr. Chris Ngige, over the issue.

The letter dated March 22, 2017 with reference number ASCSN/ABJ/FML&E/VOL. VIII/330 was signed by the Secretary-General of the union, Isaac Ojemhenke.

An acknowledgement copy from the office of the minister dated March 22 was obtained by our correspondent on Friday in Abuja.

In the letter, the union alleged that the management of SEC was victimising the officers of the union through what it called a “kangaroo disciplinary/investigation committee… on trumped charges against SEC’s own due process.”

The union said, “In accordance with Section 4 of the Trade Dispute Act Cap T8 of 2004, the Association of Senior Civil Servants of Nigeria hereby gives a notice that a trade dispute has been declared between the ASCSN and SEC.

“Points in dispute are unrelenting victimisation of our unit executive officers, and invitations issued to appear before a kangaroo disciplinary/investigation committee instead of the regular/standing disciplinary committee on trumped up charges against SEC’s own due process.”

The workers’ union also alleged “wrong application of the provisions of the SEC’s staff manual by SEC management and unfair labour practices by the management of the commission.”

The union in the letter stated that all efforts to draw the attention of the SEC management to the alleged irregularities inherent in its current actions had proved abortive.

It called on the minister of labour to intervene in the matter in order to avoid a situation where activities of the commission would be adversely affected by the looming industrial crisis.

When contacted, the Head, Corporate Communications, SEC, Naif Abdusalam, told our correspondent that the allegations by the union were untrue.

He said, “Two of the union leaders have some issues. One has to do with his documentation with SEC in terms of credentials; and the other one has to do with the issue on financials.

“SEC set up an investigative panel to review their cases, hence the allegation. Staff welfare in SEC is of utmost priority to management. All promotions are cleared and all payments are done as when due.”

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

Business

TVC Resumes Operations in Lagos Office Following Hoodlums Attack

Published

on

Telecommunications

TVC Commences Operations Less Than 72 Hours After Hoodlums Attacked and Destroyed the Company’s Lagos Office

Television Continental (TVC) station has resumed operations less than 72 hours after its Lagos office was attacked by hoodlums that hijacked the #EndSARS protest.

The television station was attacked on Wednesday by criminals would believe that the media platform was owned by one of the top Buhari supporters, Mr. Bola Ahmed Tinubu.

The attack followed the shooting of unarmed #EndSARS protesters, who had gathered to protest against the activities of the Special Anti-Robbery Squad (SARS) unit of the Nigerian Police Force (NPF) at the Lekki Toll Gate on Tuesday.

The peaceful protesters were shot by security operatives in Nigerian Army uniform before the commencement of curfew imposed by Governor Babajide Sanwo-Olu of Lagos State.

The killings now tagged Lekki Massacre attracted global attention as global leaders condemned the Federal Government or whoever ordered the shooting and called for an immediate investigation into the matter.

On Wednesday, criminals allegedly sponsored by interested parties to dislodge peaceful protesters took advantage of the situation to wreak havoc across Nigeria’s commercial hub, Lagos State, as several private establishments businesses were attacked and looted by these unscrupulous characters.

One of the establishments attacked was the National Newspaper also linked to Mr. Tinubu.

The hoodlums stormed TVC on Wednesday morning during a popular morning show, Your View, anchored by Mrs Morayo Afolabi-Brown, the programme did not end before the television station went off air as it was immediately set on fire.

However, Investors King gathered that TVC resumed operations on Saturday morning, although regular programs were yet to resume fully.

As at the time of writing, the station was airing promos of various programmes and from what we gathered, regular programming will return very soon especially from its Abuja office.

Continue Reading

Business

Ambassadorial Deal: Puma Names Wizkid as Brand Ambassador

Published

on

Wizkid is Puma Latest Brand Ambassador

Puma, global sportswear, has named Nigerian superstar, Ayodeji Ibrahim Balogun popularly known as Wizkid as one of its global ambassadors.

Wizkid, 30, is the new Puma x JD ambassador for the relaunching of the Puma Suede Classics range.

Speaking on the deal, Wizkid said “It’s an honour to be the face of the new JD x Puma Suede Classics campaign.

“Puma is a brand I’ve loved and respected growing up, and so the decision to become an Ambassador felt completely natural. The Puma Suede is a classic shoe that can be worn by anyone at any age and I think my fans will really connect with that.”Also speaking on the partnership, Puma’s Sportstyle marketing director, said “We’re thrilled to have Wizkid as the face of the new Puma x JD Suede campaign.

“A truly innovative and exciting artist in the music scene, Wizkid embodies the passion and hustle we look for in someone to represent Puma and we look forward to working with him for the AW20 season.

Wizkid is a Nigerian musician and songwriter that has worked with Beyonce, Drake, Wale and other international superstars.

Continue Reading

Business

Npower News Today: Npower Salary Update, Npower Latest News on Permanency

Published

on

Latest Npower News Today: Npower Salary Update and Npower Latest News on Permanency

The Federal Government continues to engage private businesses and organisations on the absorption of exited batch A and batch B of the Npower program.

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar-Farouq, disclosed this in Abuja.

On continuity and sustenance, the Federal Government allocated N420 billion to Npower and other social investment programmes in the 2021 proposed budget before the National Assembly.

President Muhammadu Buhari also made mention of it in his last speech regarding the #EndSARS protest.

Buhari said, “In furtherance of our inclusiveness agenda, the sum of N420 billion has been provided to sustain the Social Investment Programmes, while N20 billion has also been set aside for the family homes and our Social Housing Programme.”

Speaking on unpaid exited Npower beneficiaries of batches A and B, the minister said “the ministry has directed that opportunity be given to the affected beneficiaries to verify and re-validate their eligibility so that qualified beneficiaries can be paid for their participation in the N-Power Programme.

“Beneficiaries are hereby directed to report to their State Focal Persons immediately with their bank account details including bank statements from March 2020 to date, NYSC Discharge Certificates, birth certificates and other related screening documents.

“The deadline for verification is October 13, 2020. Beneficiaries who fail to attend the verification exercise will forfeit their stipends.”

The fresh verification has now closed, however, the list of the successful candidates for Batch C would be announced soon according to the minister while the Federal Government continues to work on permanent placement for exited Npower beneficiaries.

On fake Npower news flying across social media, Rhoda Ishaku Iliya, the Deputy Director Information of the ministry, said the attention of the ministry has been drawn to series of fake news trending on social media.

She said “the attention of the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development has been drawn to the fake news trending on social media that President Muhammadu Buhari will broadcast to the nation the absorption of N-Power Volunteers Batch A, into the Federal Civil Service,” the statement reads.

“The Ministry is hereby calling on the public to disregard the message and consider it as fake news. Any information on N-Power or the National Social Investment Programme will be issued through the appropriate Federal Government channels.”

Continue Reading

Trending