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ASUU Strike: RSUST Ready For Dialogue

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The management of
Rivers State University of Science and Technology (RSUST), Port
Harcourt, at the weekend gave indications of its willingness to engage the
striking Academic Staff Union of Universities (ASUU) of the institution in
meaningful dialogue as a means of resolving their disagreements.

Speaking at the weekend in Port Harcourt,  the institution’s Deputy Registrar/Public
Relations Officer, Mr Desmond Wosu was reported to have said that the
management of the university was now prepared to dialogue with ASUU and other
unions to restore peace and normalcy to the institution.

However,The Tide investigations last week revealed that
uneasy calm and uncertainty once again enveloped the RSUST, Port Harcourt,
following the strike action declared by
ASUU in protest against the re-appointment of Prof Barineme Fakae as the
acting Vice Chancellor of the university.

It would be recalled that the university’s ASUU had given
the state Governor and visitor to the university, Rt Hon Chibuike Rotimi
Amaechi a one-week ultimatum to reverse the re-appointment of Prof Fakae or
face industrial action.

It was crystal clear last week when The Tide visited the
university that ASUU had  made good its
threat to embark on strike at the expiration of the ultimatum, penultimate
Wednesday, as there was no indication that all was well with the state-owned
university.

Indeed, an atmosphere of uncertainty, confusion and
apprehension hovered over the campus, as distraught students idled away.

While some gathered in groups particularly around the
Faculty of Engineering block, speaking in hush tones, others milled around
hopelessly.

There was nothing to suggest that teaching and learning or
other meaningful activities were going on at the university.

Several persons, suspected to be non-academic staff, were
also seen gathering around the Amphitheatre block, including stern-looking
security men, who were patrolling the area.

Opposite the block, two SOS vans were also strategically
positioned, facing the road.

The entrance of the Senior Staff Club was firmly locked, as
some security men were seen taking position within the premises of the club.

The club, which used to be a beehive of activities was
deserted, as senior lecturers of the university and other guests who used to
cool-off there after the day’s work, were nowhere to be seen.

Three lecturers who were seen directly opposite the club,
were , however, visibly agitated.

They lamented that an incident had taken place at the venue
where members of ASUU were holding a meeting last Wednesday, to apparently
review strategies of the strike.

They alleged that an unidentified young man in black attires
had invaded the venue of the meeting, and disrupted it in full glare of
securitymen who had positioned themselves inside the hall to monitor
proceedings as the ASUU meeting progressed.

Suspecting foul play, some ASUU members were said to have
whisked away the Chairman of the union, Dr Felix Igwe for fear of his life. The
Tide, however, could not confirm immediately reports and insinuations  that Dr Igwe was brutalised and was being
hospitalised as a result.

However, the Deputy Registrar (Public Relations) of the
university, Mr Desmond Wosu told The Tide in an exclusive interview in his
office that ASUU had not notified the management of its intention to proceed on
strike.

While attributing the lull currently experienced in the
university to dangerous and unfounded rumours making the rounds concerning the
strike, he said the re-appointment of Prof Fakae, whom he said, had performed
creditably in office, was not enough to degenerate to industrial action.

Wosu also noted that Governor Amaechi did not make a mistake
by re-appointing Prof Fakae, saying, the re-appointment was the best thing that
had happened to the university.

According to him, Prof Fakae’s reappointment was done in
good faith, following his track record of achievements for the university since
2007 when he assumed office.

He listed the achievements to include the eradication of
cultism in the university, the introduction of e-learning system, which he
said, had placed the university on high pedestal, the full accreditation of the
university’s programmes by the National Universities Commission (NUC) and the
improved ranking of the university from 76th to 19th position.

He also indicated that the Fakae-led administration had  ensured that admission into the university
was based on the  carrying capacity
prescribed by NUC, to the extent that classrooms and lecture rooms were no
longer over-populated while lecturers no longer complained of having too many
scripts to mark, coupled with the fact that the university’s science
laboratories and workshops were now well-equipped.

The university’s image maker further noted that Prof Fakae’s
re-appointment would put the university in a better stead, as his
administration would ensure continuous, rapid transformation of the university.

‘Members of the university community should give peace a
chance. ASUU should adopt dialogue so that we can move the university forward.
Enough is enough. Let us not drive our students to the streets again. It does
not augur well for us , it does not augur well for parents. It is not good for
our children. Let us support the management to move the university forward”, he
pleaded.

He also defended the VC’s administrative style, and sued for
peace, tolerance and dialogue.

However, a member of the Senior Staff Association of
Nigerian Universities (SSANU) who was visibly disturbed by the current state of
affairs at the university, while speaking to The Tide under condition of
anonymity, advised the Vice Chancellor to step aside in the interest of peace,
and not allow the university to be consumed by selfish interest.

 

Donatus Ebi

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City Crime

RSG Ready For 2030 Digital Transformation

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The Permanent Secretary, Rivers State  Information and Communications Technology (ICT) Department, Mrs. Elizabeth Akani, has said the State Government was set to meet up the 2030 target of the Federal Government towards the actualization of digital economy.
Akani said this at the Rivers State Sensitization Workshops on The Adoption of Nigeria Start-up Act and National Digital Literacy framework (NDLF), in Port Harcourt, weekend.
She noted that the State was ready for both the adoption and domestication of the Act.
According to her, up to 90-95% preparation have been fully covered by the state in readiness to welcoming the digital economy Act.
“Stakeholders talked about adoption and domestication of the Act, it was fruitful. The draft has been sent to the government”, she said.
She also noted that the move was in line with the digital transformation plan of the state and the country at large.
The Convener, Start South, Mr. Uche Aniche, who made case for full ICT Ministry for the state, said such will command the needed growth in the system.
Aniche stated that until they attained the lofty height, all about Tech-knowledge and growth may not fall in place as expected.
Other tech-operators, such as the Code Garden Chief Executive Officer, Mr. Wilfred Wegwu, who welcomed the idea, said it must be done in the nearest future.
Wegwu noted that technology has taken over the world at present, adding that government at all levels needed to key into the system.
He also stated that the system play major roles in various spheres of life, including relationships and collaboration.
He also revealed that the system now was up to forth Industrial Revolution (4IR), according to global shift ranking.
It will be recalled that the State Government has recently ordered to construct ICT centres across the 23 Local Government Area of the state in order to meet up the yearnings of the technology world.
By: King Onunwor
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City Crime

Industry Braces For Glut And Investor Demands

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The oil and gas industry is in for a tough year ahead, as it must balance financial discipline, shareholder returns, and long-term investments in the sustainability of the business—while navigating a hypothetical glut.
The warning comes from Wood Mackenzie, which said in a new report that the industry was faced with conflicting trends over the next year that would make decision-making challenging. Among these is an expectation that the market would tip into an oversupply, pressuring prices, while the demand outlook for oil over the long term brightens up, motivating more investments.
“Oil and gas companies are caught between competing pressures as they plan for 2026. Near-term price downside risks clash with the need to extend hydrocarbon portfolios into the next decade. Meanwhile, shareholder return of capital and balance sheet discipline will constrain reinvestment rates,” Wood Mackenzie’s senior vice president of corporate research, Tom Ellacott, said.
The executive added that investors would also influence decisions, as they continue to prioritize short-term returns over long-term investments. This last part, at least, is not unusual in the current investment environment across industries. It could, however, make life even more difficult for oil and gas companies for a while.
The glut that Wood Mackenzie analysts expect is the same glut that the International Energy Agency has been expecting for a while now. Yet that very same International Energy Agency earlier this month issued a warning on the longer-term security of global oil supply, saying the industry needed to step up investment in new production because natural depletion at mature fields was progressing faster than previously assumed.
Per the report, if the industry has to maintain current levels of oil and gas production, more than 45 million barrels per day of oil and around 2,000 billion cu m of natural gas would be needed in 2050 from new conventional fields. It’s worth noting that this is maintenance of current production levels, assuming demand will not rise, which is a risky assumption.
Even with projects ramping up and new ones approved for development and not yet in production, a large gap still exists “that would need to be filled by new conventional oil and gas projects to maintain production at current levels, although the amounts needed could be reduced if oil and gas demand were to come down,” the IEA said.
However, demand could just as well increase, heightening the degree of uncertainty in the industry and making long-term planning even more challenging—especially for companies with higher debt-to-equity ratios. Wood Mackenzie expects those with gearing of above 35% would prioritise resilience over long-term growth, while those with better debt positions would turn to divestments and asset acquisitions to improve the quality of their portfolio.
Share buybacks will also remain on the oil industry’s table as a favorite tool for making shareholders happy, although, Wood Mac notes, these tend to dry up when oil slips below $50 per barrel. Interestingly, the analytics company does not seem to factor into its analysis a scenario where prices might go up instead of down, especially now that President Trump has signaled he would be willing to step up pressure on Russia to bring a swifter end to the war in Ukraine.
If prices do rise, for whatever reason, including failure of the massive 3-million-bpd glut that the IEA predicted to materialize, then the immediate outlook for the oil and gas industry becomes different—but not too different. Companies have already demonstrated they would not return to their old ways of splurging when times were good and tightening belts when times were bad. They would likely stick to spending caution and shareholder return prioritization, regardless of prices.
By Irina Slav
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City Crime

ECN Commences 7MW Solar Power Project In AKTH

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As a landmark intervention designed to guarantee uninterrupted electricity supply, the Energy Commission of Nigeria (ECN), has commenced a 7MW solar power project at the Aminu Kano Teaching Hospital (AKTH)
The project is the outcome of ECN’s comprehensive energy audit and strategic planning, which exposed the unsustainable cost of diesel and the risks associated with AKTH’s dependence on the national grid.
Working in close collaboration with the Federal Ministry of Innovation, Science, and Technology under the coordinating leadership of Chief Uche Nnaji, the ECN planned and executed this critical project to secure the hospital’s energy future.
The Director – General, ECN, Dr. Mustapha Abullahi, said “the timing of this intervention could not be more crucial” recalling that only days ago, AKTH suffered prolonged power outages that tragically claimed lives in its Intensive Care Unit.
“That painful incident has strengthened our resolve. With this solar installation, we are ensuring that such tragedies are prevented in the future and that critical medical services can operate without fear of disruption”.
Abdullahi stated that the project is a clear demonstration of the Renewed Hope Agenda of President Bola Ahmed Tinubu in action and reflects ECN’s commitment to making Nigeria’s energy transition people-centered, where hospitals, schools, and other essential institutions thrive on reliable, clean, and sustainable power.
The ECN boss further reaffirmed ECN’s commitment to continued deployment of innovative energy solutions across the nation.
“This is not just about powering institutions; it is about saving lives, restoring confidence, and securing a brighter future for Nigerians”, he stated.
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