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FG Approves CONUA, As Academic Union

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Following the disagreement between the Federal Government and the Academic Union of the Universities (ASUU), the Federal Government, yesterday presented a certificate of registration to the Congress of Nigerian University Academics, a separate body of academic unions.
The Minister of Labour and Employment, Dr. Chris Ngige, presented the certificate to the new union at the Minister’s Conference Room, Federal Secretariat, Phase 1, Abuja by 2pm.
Recall that ASUU has been on strike for about seven months now.
Some of the lecturers demands are funding of the Revitalisation of Public Universities, Earned Academic Allowances, University Transparency Accountability Solution (UTAS) and promotion arrears.
Others are the renegotiation of the 2009 ASUU-FG Agreement and the inconsistency in Integrated Personnel Payroll Information System.
Reacting, the Academic Staff Union of Universities (ASUU), has said the registration of two new trade unions by the government for academic staff in the university system is inconsequential and does not pose any threat to its existence.
The National President of ASUU, Prof. Emmanuel Osodeke, stated this in a chat with Vanguard while reacting to the registration of the two new unions.
“That does not in any way affect us. We are a disciplined and focused union and we know what we are doing and what we are after. Let them register as many unions as they like. That is inconsequential as far as we are concerned. We are not also in any way threatened. The sky is big enough for birds to fly.
“We know our members, we know our strength and we also know what our vision and mission are. Our members are not saboteurs or bootlickers . Our struggle is for a better educational system in the country. If the system is good, all of us will benefit and it is not only ASUU members’ children and wards that are going to benefit from improved funding and the provision of better facilities in our institutions,” he said.
Osodeke, who also reacted to the allegation by the Presidency that ASUU members are complicit in the corrupt practices in the university system, described such as unfounded.
“As a union, we have been championing transparency and accountability in the university system. That is why we are calling for the adoption of the University Transparency and Accountability Solution, UTAS, as the payment platform in the university system. Those indicted for misappropriating over N100 billion through their IPPIS, are they our members?
“Moreover, one of our demands is that Visitation Panels be set up to probe the activities and the finances of universities in the country. If we don’t want corruption stamped out, we would not be asking for that,” he explained.
In a statement signed by the National Coordinator of CONUA, Dr Niyi Sunmonu, described the registration as monumental and historic.
“The registration of the Congress of University Academics (CONUA), as a trade union in the Nigerian university system, is monumentally historic. The hurdles we have faced to get here, since 2018 when we submitted our application for registration, have been seemingly insurmountable. The registration is therefore the validation of the power of the human will. It asserts the value of courage, initiative, focus, tenacity, patience, forbearance and persistent positive thinking.
“We are immensely grateful to the Honourable Minister of Labour and Employment, Dr. Chris Ngige, and his team of diligent staff for insisting on merit, due process and thoroughness all through the processing of our application for the registration of CONUA. The very strict and dispassionate review of our application brought out the best in the membership of the union.
“We regard the registration of CONUA as a sacred trust, and pledge to reciprocate by devoting ourselves unceasingly to the advancement of university education in this country. We would make the details of our programmes available to the public in due course. For now, we are giving the assurance that we would work to ensure that the nation is not traumatised again by academic union dislocations in the country’s public universities.
“We are also deeply grateful to the numerous personalities and well-wishers whose good counsel and concrete actions have facilitated the success we have witnessed today. We believe in the saying that to whom much is given, much is expected. We would therefore constantly strive to make them all proud of CONUA.
“We appreciate the entire membership of the union for believing in the righteousness of the CONUA cause and for believing in the leadership of the union, and thereby remaining statutorily steadfast, even when disconcerting and demoralising situations arose.
“In this journey, the invaluable role of the media cannot be discounted. We are truly grateful to the media, and look forward to further mutually beneficial interactions as we strive for the development of this nation.
“Above all, we are absolutely grateful to Almighty God for granting us this grace.
“God bless you all.”
In 2016, the Obafemi Awolowo University, OAU, Ile Ife chapter of ASUU was enmeshed in serious crisis and as usual, leaders and members of the union took the matter to the national leadership for resolution.
However, instead of the crisis being resolved, some of the members felt the national leadership took sides with the leaders of the local chapter that they had grouse with.
The issues dragged till 2018 and when the aggrieved members waited endlessly for a solution that did not come, they formed CONUA.
Since it was formed, it struggled to get registered until that was done yesterday.
The body now has members in 12 universities across the country including OAU, Federal University, Lokoja, Ambrose Alli University, Ekpoma, Edo State, Federal University, Oye Ekiti in Ekiti State among others.
The incessant face-off between ASUU and the government no doubt hasten the registration of CONUA.

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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally

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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

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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

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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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