Business
NUEE Condemns Casualisation Policy
The National Union of
Electricity Employees (NUEE) has condemned the casualisation policy being practiced in the public and private sectors in Nigeria.
A statement by the union’s secretary-general, Comrade Joe Ajaero, last Wednesday said casualisation amounts to labour slavery in the formal and inrormal sectors.
Ajaero said Nigerian, workers have the right to be liberated from uncanny, treacherous and inhuman labour condition stressing that the Nigeria Labour Congress has the responsibility to champion the cause of liberating Nigerian workers from any form of inhuman conditions.
He said potential members abound in the formal and informal sectors to be organised into unionization, stressing that these workers are anxious and needed to be emancipated from labour slavery they were enmeshed in as casuals called for a more vigorous engagement by the organised labour leadership in anti-causalisation drive in order to ensure that every Nigerian worker enjoys regular appointment and begins to exhibit the much described dignity in labour.
Ajaero who will be contesting the NLC presidency in March, 12 rescheduled election also said that it is unacceptable that the NLC as a responsible labour organisation would not have annual budget to define her operations for the past years.
He said labour leaders most times often involved in the critique of government and employers for unguided expenses without them paying attention to their internal inadequacies of lack of peroper budget guides in their operations, stressing that labour leaders should therefore purge themselves of such anomalies and ensure proper accountability.
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.