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NLC NEC MeetsFor New Election Date
Following the botched
Nigeria Labour Congress (NLC) delegates conference election held last week in Abuja, the congress National Executive Council (NEC) would be convened on Wednesday, February 18, for the purpose of fixing a new date for the inconclusive election.
A statement by the NLC Secretary Dr. Peter Ozo-Eson said that the Congress was determined to work with people that were concerned and the necessary organ to find a way to resolve the impasse as quickly as possible and without the current congress leadership exceeding the constitutionally mandated time limit of four years.
Ozo-Eson said that as painful as the unfortunate disruption was some of the ballot papers had defects but such defects would not have had major bearing on the final result of the election if the process had been allowed to go on without disruption.
He said that the voting process was the last item on the agenda and voting commenced peacefully and in an orderly manner on that election date, stressing that the voting lasted through the night.
However, on Thursday morning a printing error was spotted in a few ballot papers by way of duplication of names.
The NLC’s scribe stressed that the error affected four candidates, two each from the opposing camps and the credentials committee could have resolved the error that was insignificant by way of vote invalidation after voting, adding that some delegates who held the view that the entire process might have been corrupted reacted sharply leading to the disruption of the election.
Ozo-Eson added that the voting process was suspended immediately and the NLC National Administrative Council swiftly met to find ways of resolving the stalemated elections.
He assured Nigerians that the Congress would not disappoint as credible, free and fair election would be conducted by NLC.
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.