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ASUU Prepares For Nationwide Strike Over IPPIS
The Academic Staff Union of Universities (ASUU) is preparing to shutdown academic activities in universities across Nigeria following the October deadline for all employees of the Federal Government in Ministries, Departments and Agencies (MDAs) to enroll in the Integrated Payroll and Personnel Information Systems (IPPIS).
The Federal Government through a presidential directive had said MDAs that failed to enrol on IPPIS by the end of this month, would be denied their due emolument.
The ASUU Coordinator, Ibadan Zone, Dr. Ade Adejumo, who was supported by the union’s Chairman and Investments Secretary, Prof Deji Omole, and Prof Ayo Akinwole, respectively said during a press conference, yesterday that the IPPIS failed to capture the peculiarities of Nigerian universities and its weaknesses would culminate into serious problems for members of ASUU when each of them attains 60 years of age.
The Ibadan Zone of ASUU comprises University of Ibadan, University of Ilorin, Kwara State University, University of Osun and Ladoke Akintola University of Technology (LAUTECH).
According to Adejumo, “IPPIS is too rigid a platform that discountenances the peculiarities of the university system in the sacred areas of replacement or recruitment of academics, mobility of academic staff for visiting, adjunct, part-time and sabbatical offers.
“Not only these, academics are chopped off the platform at the age of 60, thereby creating bottlenecks in the collection of salaries and emoluments because once the name of a staff is removed, such victim will continue to frequent Abuja until it is rectified.
“The victim, not only abandons his duty post, but faces the hazards on the Nigerian roads among others. The platform also does not capture the Earned Academic Allowances and remunerations due to academics who retire before the age of 65 and promotion arrears.”
Adejumo stated that the IPPIS clearly violates the Universities Miscellaneous Provisions (Amendment) Act 2003, which provides in section 2AA unequivocally, that: “The power of the council shall be exercised, as in the Laws and Statutes of each university and to that extent, establishment circulars that are inconsistent with the Laws and Statutes of the university shall not apply to the universities.”
The IPPIS, he said further, contravenes the ASUU-FGN Agreements of 1992, 2001 and 2009, adding that paragraphs 5 to 10, 1992 ASUU-FGN Agreement stated that the universities should be allowed to operate in compliance with their enabling laws, statutes, rules and regulations in conformity with due process and within the laws of the land.
“Similarly, item four of the 2001 agreement with government, while stressing the Powers of University Council reiterated that: Circulars from ministries shall be deemed invalid to the extent that they are inconsistent with the Laws and Regulations of the Universities and the Constitution of the Federal Republic of Nigeria. Then in the 2009 ASUU/ FGN agreement on page 25 states in absolute terms that ‘Each university shall arrange its own cost-saving measures’.”
Adejumo said ASUU had been able to expose the mischief or ignorance of Office of the Accountant General of the Federation (OAGF) “in its reckless statement that by opposing IPPIS our union endorses corruption. Ordinarily, we need not have bothered about the vituperations of the OAGF because the stance of our union against corruption is in the public domain.
“However, the OAGF needs to answer this pertinent question: If, indeed, millions of naira have been recovered through the IPPIS, from where have those monies been recovered and who are the culprits that have been sanctioned for such infractions?
“Our union, before now, has been on a long stretch of endurance on account of government’s recalcitrance, deceit and unwillingness to renegotiate the agreement it voluntarily signed with our union in 2009. You will agree with us that between 2009 and now our members have suffered untold hardships and deprivations, the university system has also continued to suffer and disintegrate. It now appears that government is taking the endurance of our members for weakness in its planned forceful enrolment of academics in Nigerian Universities on the IPPIS.
“Our union will not allow this government to continue to treat our members, who by their proficiencies are the best brains in the land, with disdain and disrespect. We will protect the sanctity of the laws of the land, particularly as they relate to the areas of our calling.
“To this end, our members are poised to pursue another patriotic struggle that will assert sanity in the university system and in the country at large. The tools of the struggle are now being primed and oiled; the union will have no blame when they begin to grind.”
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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally
President Bola Tinubu yesterday celebrated the Nigerian Exchange Group’s breakthrough into the N100tn market capitalisation threshold, saying Nigeria has moved from an ignored frontier market to a compelling investment destination.
Tinubu, in a statement signed by his Special Adviser on Information and Strategy, Bayo Onanuga, urged Nigerians to increase their investments in the domestic economy, expressing confidence that 2026 would deliver stronger returns as ongoing reforms take firmer root.
He noted that the NGX closed 2025 with a 51.19 per cent return, outperforming global indices such as the S&P 500 and FTSE 100, as well as several BRICS+ emerging markets, after recording 37.65 per cent in 2024.
“With the Nigerian Exchange crossing the historic N100tn market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” Tinubu said.
He attributed the stellar performance to Nigerian companies proving they can deliver strong investment returns across all sectors, from blue-chip industrials localising supply chains to banks demonstrating technological innovation.
The President added, “Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group. Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered.”
Tinubu disclosed that more indigenous energy firms, technology companies, telecoms operators and infrastructure firms are preparing to list on the exchange, a move he said would deepen market capitalisation and broaden economic participation.
He also cited what he described as a sustained decline in inflation over eight months—from 34.8 per cent in December 2024 to 14.45 per cent in November 2025—projecting that the rate would fall below 10 per cent before the end of 2026.
“Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians,” he said.
The President attributed the trend to monetary tightening, elimination of Ways and Means financing, and agricultural investments, which he said helped stabilise the naira and ease post-reform pressures.
Nigeria’s current account surplus reached $16bn in 2024, with the Central Bank projecting $18.81bn in 2026, reflecting a trade pattern shift toward exporting more and importing less locally-producible goods.
Non-oil exports jumped 48 per cent to N9.2tn by the third quarter of 2025, with African exports nearly doubling to N4.9tn. Manufacturing exports grew 67 per cent year-on-year in the second quarter.
Foreign reserves have crossed $45bn and are expected to breach $50 billion in the first quarter, giving the CBN ammunition to maintain currency stability and end the volatility that previously fuelled speculation, according to the President.
Tinubu also highlighted infrastructure expansion in rail networks, arterial roads, port revitalisation, and the Lagos-Calabar and Sokoto-Badagry superhighways, alongside improvements in healthcare facilities that are reducing medical tourism costs, and increased university research grants funded through the Nigeria Education Loan Fund.
“Our medicare facilities are improving, and medical tourism costs are declining. Our students benefit from the Nigeria Education Loan Fund, and universities are receiving increased research grants,” he said.
He described nation-building as a process requiring hard work, sacrifices, and citizen focus, pledging to continue working to build an egalitarian, transparent, and high-growth economy catalysed by historic tax and fiscal reforms that came into full implementation from January 1.
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RSG Kicks Off Armed Forces Remembrance Day ‘Morrow …Restates Commitment Towards Veterans’ Welfare
The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.
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?The Secretary to the Rivers State Government, Dr. Benibo Anabraba, in a statement by ?Head, Information and Public Relations Unit, SSG’s ?Office, ?Juliana Masi, stated this during the Central Planning meeting of the 2026 Armed Forces Remembrance Day in Port Harcourt, yesterday.
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?Anabraba thanked the Committee for their contributions to the success of the Emblem Appeal Fund Ceremony recently held in the State and called on them to double their efforts so that the State can record resounding success in the remaining activities.
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?According to him, the remembrance day events will begin with Jumaàt Prayers on Friday, 9th January at the Rivers State Central Mosque, Port Harcourt Township, while a Humanitarian Outreach/Family and Community Day will be hosted on Saturday, 10th January, by the wife of the governor, Lady Valerie Siminalayi Fubara, for widows and veterans.
?”On Sunday, 11th January, an Interdenominational Church Thanksgiving Service will hold at St. Cyprian Anglican Church, Port Harcourt Township while the Grand-finale Wreath- Laying Ceremony will hold on Thursday, 15th January at the Isaac Boro Park Cenotaph, Port Harcourt”, he said.
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?The SSG noted that one of the highlights of the events is the laying of wreaths by Governor Siminalayi Fubara and Heads of the Security Agencies.
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Fubara Redeploys Green As Commissioner For Justice
The Governor of Rivers State, Sir Siminalayi Fubara, has approved a minor cabinet reshuffle in the State Executive Council.
Under the new disposition, Barrister Christopher Green, who until now served as Commissioner for Sports, has been redeployed to the Ministry of Justice as the Honourable Attorney General and Commissioner for Justice.
This is contained in an official statement signed by Dr. Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications.
According to the statement, Barrister Green will also continue to coordinate the activities of the Ministry of Sports pending the appointment of a substantive Commissioner to oversee the ministry.
The redeployment, which takes immediate effect, was approved at the last State Executive Council meeting for the year 2025, underscoring the Governor’s commitment to strengthening governance, ensuring continuity in service delivery, and optimising the performance of key ministries within the state.
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