Business
JUSUN Applauds Govt Over Judiciary Autonomy
The Enugu State branch of Judiciary Staff Workers Union (JUSUN) says it is pleased with the efforts of the state government in achieving total autonomy of the judiciary in the state.
The Chairman of JUSUN in the state, Mr Chinedu Mba said this in Enugu during a solidarity visit on the governor of the state by members of the union.
Mba said that the state government had shown commitment with the attainment of the agreement it reached with the union, noting government had started partial implementation of the agreement.
He said that the JUSUN salary structure which he said was one of the most contentious issues had attained 50 per cent implementation, adding that the judiciary now paid its staff.
“We have come to identify with and thank you for the efforts initiated to improve the working conditions of an average worker in the state.
“You have ensured prompt payment of workers’ salary and enhancement of the existing workers’ pay structure which you did for judiciary workers,” he said.
Mba also said the governor enhanced industrial relations with human face by his humane actions.
He said that though the governor had done much to improve the life of workers “the struggle still continues in different facets of workers’ life”.
Responding, Goveror Ifeanyi Ugwuanyi said that he was committed to ensuring that all sectors of the state got what was due to them.
Ugwuanyi said that his administration would continue to identify with workers and other relevant stakeholders in the state.
“Everything we are doing is your right, just that the circumstances we see ourselves made things to be like this.
“However, things are improving and it will still affect you positively,” he said.
The governor said that he would not forget the honour accorded him by members of the union when he resumed as governor in 2015.
“When I assumed as governor, your union was on strike but you respected me and called it off. Our discussions shall continue. Let us work as a family,” he said.
Ugwuanyi said that his administration would continue to solicit for prayers from residents of the state for God to continually guide their actions.
The Tide source reports that the high point of the solidarity visit was the presentation of a brand new 18-seater bus to the union by the governor.
Business
Association Seeks Intervention to Save Domestic Airlines
Business
CBN Reforms Impact Consumers As Dollar Card Spending Limits Rise
“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.
Business
WEC: FG Inaugurates Governing Board … As Nigeria Rejoins Council
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.
