Business
NASU Wants Service Scheme For Research Institutes
The leadership of Non-Academic Staff Union of Educational and Associated Institutions (NASU) has urged the Federal Government to release the conditions and scheme of service for the Federal Government Research and Development Institutes across the country.
The call was made on Wednesday in a communiqué issued by the NASU Research and Projects Trade Union Group Unit after their congress meeting held in Lagos and signed by the union’s Deputy President /Chairman, Comrade Wakili Tijani.
The communiqué stressed that government has frustrated all efforts to accelerate the early approval and release of the conditions and scheme of service of the various research institution workers.
The union’s communiqué emphasised that their counterparts in the universities, polytechnics and colleges of education have their conditions and schemes of service upgraded thereby making their retirement age reviewed upward from 60 years to 65 years by the Federal Government, while that of the staff of Research and Allied Institutions Sector remained 60 years.
The union explained that the delay by government in granting approval for the release of the approved documents has made it impossible for the effective implementation of the 65 years- retirement age for staff of the Research and Allied Institutions and other welfare matters.
The union added that all necessary documents needed for the approval had been submitted to the Federal Government since 2013 but government has been dilly-dallying over the documents’ approval for the staff of the Research Institutes to enjoy such benefit.
The communiqué bemoaned the government agencies’ audacity to trample upon the right of workers to withdraw their service whenever their rights are infringed upon with the policy “no work, no pay” in the moribund Trade Dispute Act Section 43.
The council-in-session stressed that conscious of the fact that the Research and Development Institutions/Federal Colleges of Agriculture play prominent roles in the development of the nation, it urges the present administration to implement the portion of the agreement government had with the unions on the need to increase the annual budgetary allocations to the sector in line with the recommendations of UNESCO and approve a special Intervention Fund for a period of three years on a 50:30:20 ratio annually as well as create a special fund to be called National Research and Technology Development Fund (NRIDF).
The union called for adequate funding of research and development institutions across the country to enable them to play active roles as expected of such institutions in the technological advancement of the country.
Philip Okparaji
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.