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May
03
2024
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By Abia ThinkTank
Tinubu Created A Mess In 2023, 97% Of Companies Can’t Pay Dividends – Dangote

Tinubu Created A Mess In 2023, 97% Of Companies Can’t Pay Dividends – Dangote

Business, Economy, FGN, News Flash
Tinubu Created A Mess In 2023, 97 Per Cent Of Companies Can’t Pay Dividends – Dangote The floating of the naira by President Bola Tinubu’s administration has been described by the Chairman of Dangote Industries Limited, Aliko Dangote as the biggest mess that affected his company and other business owners in 2023. According to Sahara Reporters, the remark was made by Dangote on Tuesday at the Annual General Meeting of Dangote Sugar Refinery Plc. According to Dangote, many businesses were affected by the policy adding that several manufacturing enterprises were impacted and suffered operational losses due to variations in the…
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May
03
2024
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By Abia ThinkTank
Police Parade Alleged Kaduna-Abuja Train Attack Mastermind, Recover 48 AK-47s

Police Parade Alleged Kaduna-Abuja Train Attack Mastermind, Recover 48 AK-47s

Abuja, Crime, News Flash, Security
Police Parade Alleged Kaduna-Abuja Train Attack Mastermind, Recover 48 AK-47s The police have arrested several criminals terrorising citizens along the Kaduna-Abuja road axis from January 2024 to date, including those who masterminded the attack on Greenfield University and that of Southern Kaduna, where a seminarian and the church were burnt to ashes. Parading the suspects during his visit to Kaduna Police Command on Thursday, Nigeria Police Force Public Relations Officer, ACP Olumuyiwa Adejobi, said the arrest of the mastermind followed painstaking efforts to bring the perpetrators of the dastardly act to book. He said, “Under the directive of the Inspector…
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May
03
2024
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By Abia ThinkTank
10 Killed, Properties Destroyed As Unknown Gunmen Attack Ebonyi Community

10 Killed, Properties Destroyed As Unknown Gunmen Attack Ebonyi Community

Crime, News Flash, Security
10 Killed, Properties Destroyed As Unknown Gunmen Attack Ebonyi Community No fewer than ten persons were killed in a dawn attack on an Ezza Effium community of Ohaukwu local government area in Ebonyi state. The attack on the Umuezeoka Community which happened on May 1, 2024, also led to the destruction of properties by the gunmen whose identities have not been ascertained. A health centre in the community was among several buildings burnt and destroyed by the attackers. Ezza Effium and Uffiom people both in Effium town have been having an intra-communal crisis for about four years which claimed hundreds…
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May
03
2024
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By Abia ThinkTank
Lagos GDP Hits N41 Trillion, Ranks 7th In Africa

Lagos GDP Hits N41 Trillion, Ranks 7th In Africa

Economy, Lagos, News Flash, South West
Lagos GDP Hits N41 Trillion, Ranks 7th In Africa The Lagos State Government has revealed that its Gross Domestic Product, GDP, has moved from N27trn to N41 trillion within four years of Governor Babajide Sanwo-Olu’s administration. Commissioner for Economic Planning and Budget, Mr. Ope George, disclosed this on Thursday, during the ongoing ministerial press briefing to commemorate the first year in office of the second term of Governor Sanwo-Olu, held at Alausa, Ikeja, Lagos. According to George, “Over the last couple of years, Lagos had face numerous challenges particularly when COVID 19 and Endsars struck. “And so we have had…
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May
03
2024
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By Abia ThinkTank
Workers As Agents Of Development And Transformation: Being Gov Otti’s Speech On May 1, 2024

Workers As Agents Of Development And Transformation: Being Gov Otti’s Speech On May 1, 2024

Abia State, Good Governance, Labour, News Flash
Workers as Agents of Development and Transformation Being the Text of a Speech Delivered by Governor Alex C. Otti, OFR, During the 2024 Workers’ Day Celebration at the Umuahia Township Stadium on May 1, 2024 Protocols, It is with a great sense of pride that I welcome you dear comrades to this year’s Labour Day celebration, a day set aside globally to honour those who work with their hands and intellect to earn a living, and in so doing contribute in very significant ways to the development and transformation of their immediate communities and the world at large. Since 1890…
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May
02
2024
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By Abia ThinkTank
Welfare Of Our Workers Remains Priority – Gov Otti On 2024 May Day Celebration

Welfare Of Our Workers Remains Priority – Gov Otti On 2024 May Day Celebration

Abia State, Good Governance, Labour, News Flash
WELFARE OF OUR WORKERS REMAINS PRIORITY - GOV OTTI ON 2024 MAY DAY CELEBRATION Abia State Governor, Dr. Alex Otti, OFR, says the welfare of Abia workers will continue to be a priority in the enactment and implementation of the state government policies. Governor Otti gave the assurance on Wednesday, while speaking at an event to mark the celebration of this year’s Workers' Day, at the Umuahia Township Stadium. The Governor, who titled his speech, 'Workers as Agents of Development and Transformation', said that Abia would take the lead in the implementation of the new minimum wage as soon as…
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May
02
2024
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By Abia ThinkTank
No Limits In The Pursuit Of Excellence: Being Gov Otti’s Speech At The Swearing In Of SAs And Mgt Of Boards

No Limits In The Pursuit Of Excellence: Being Gov Otti’s Speech At The Swearing In Of SAs And Mgt Of Boards

Abia State, Good Governance, News Flash, Politics
No Limits in the Pursuit of Excellence Being the Text of a Speech Delivered by Governor Alex C. Otti, OFR, at the Swearing-in of the Special Advisers on Health and Energy, and the inauguration of the Management of Agencies and Boards on Wednesday, May 1, 2024 Protocols, Let me joyfully welcome everyone who has come to witness the formal swearing-in of two very accomplished Nigerians as special advisers, and another set of distinguished professionals and leaders to the management of boards and parastatals. I want to specially thank Dr Ngozi Azodoh and Engr Kachy Etolue for accepting to serve the…
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May
02
2024
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By Abia ThinkTank
May Day: NLC, TUC Have Proposed N615,000 As New Minimum Wage

May Day: NLC, TUC Have Proposed N615,000 As New Minimum Wage

Columns/Opinions/Letters, Labour, News Flash
May Day: “NLC, TUC Have Proposed N615,000 As New Minimum Wage” The Nigeria Labour Congress said the NLC and the trade Union Congress (TUC) have proposed N615,000 as the minimum wage for a Nigerian worker, ahead of negotiations with the federal government. The Public Relations Officer of the NLC in Lagos State, Ismail Adejumo stated this in an interview with Arise Television on Wednesday. He said, “From the feelers we’re getting, we believe strongly that the government is very passionate and considers all the indices that are on ground, because what we proposed now both NLC and TUC, is 615,000;…
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May
02
2024
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By Abia ThinkTank
FG Begins Payment Of N2.75bn Compensation On Lagos-Calabar Coastal Highway -Umahi

FG Begins Payment Of N2.75bn Compensation On Lagos-Calabar Coastal Highway -Umahi

FGN, News Flash, Works
FG Begins Payment Of N2.75bn Compensation On Lagos-Calabar Coastal Highway — Umahi Minister of Works, Dave Umahi, presenting cheques to some property owners along the Lagos-Calabar coastal highway in Lagos on Wednesday, May 1, 2024. The Federal Government on Wednesday commenced compensation of people who own buildings and structures affected by the construction of the 700-km Lagos-Calabar Coastal Highway. The Minister of Works, Dave Umahi, who disclosed this at a stakeholders’ meeting in Lagos, said the government is commencing the payment worth N2.75 billion spanning channel 0 to 3 today. “I wish to flag off the compensation from channel 0…
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