Business
Maritime Union Tasks WCC Workers On Unity
The Maritime Workers Union of Nigeria (MWUN), Rivers State has tasked the leadership of the World Carrier Cooperation (WCC) Amini Petroleum Unit of the union to work for the interest of the workers.
The State chairman of the union, Mr Jonah Jumbo, who said this during the election of the unit executive in Port Harcourt said that unity was required for the union to move forward.
He stressed the need for maritime workers to de-emphasise wranglings and acrimony, stressing that as a sensitive unit in the maritime industry it behoves on them to unite against all forms of oppression by the company.
Jumbo also said that the State office will support them to achieve their desire.
Also speaking, the newly elected WCC chapter chairman of the union, Mr. Agorkedeng Samuel Emmanuel, thanked members for electing him and promised to reconcile all aggrieved members of the chapter.
Also elected are; Daerego West as Vice Chairman; Ogbologwung Peter, Secretary; Abel Marshall Daminabo, Assistant Secretary and Angustus Prince Promise as Treasurer.
Meanwhile Mr Jonah Jumbo has called for a stakeholders summit on piracy on the waterways.
Jumbo who said this in an interview with newsmen shortly after the election of new officers of WCC unit of the union, said that people travelling on the waterways to their various communities were now targets of pirates, stressing that many people have lost both their lives and their property.
He also said that the union will continue to work with the security agencies to check the trend.
“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.