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Maritime workers threaten to shut port operations

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Maritime Workers Union of Nigeria (MWUN) on Friday issued a seven-day ultimatum to the federal government to compel the International Oil Companies (IOCs) over refusal to allow Stevedoring companies and Dockworkers into their operational areas as required by law in the past eight years.

MWUN President-General, and Secretary-General, Adeyanju Adewale and Felix Akingboye, in a statement warned that if at the expiration of the ultimatum the Union’s demand is not met, all ports operations nationwide would be shut down until the demand are met.

The Union decried the alleged silence of the Nigerian Ports Authority (NPA), Nigerian National Petroleum Corporation (NNPC), and ultimately the Federal Government to the non – compliance of the IOCs to extant Stevedoring regulations and the Marine/Government Notice No. 106 on Stevedoring regulations, 2014 issued by the Nigerian Maritime Administration and Safety Agency, NIMASA.

MWUN , in the statement said, “We wish to point out that the extant stevedoring/ marine notice is the operational guidelines to all dock labour employers and private operators of any work location including Ports, Jetties, Onshore or Offshore Oil and Gas or bonded terminals, inland container depots (ICDs), off-dock terminals, dry ports and platforms. The law stipulates that government-appointed and NIMASA registered stevedores and Dockworkers shall be allowed access by the IOCs to the operational areas allocated to them by the NPA.

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“We wish to further draw the public attention to the repressive practice of the IOCs by denying our members (Dockworkers), access to their operational areas and consequently, denying the Dockworkers the opportunity to earn wages. To worsen the matter, these IOCs have flooded the operational areas with aliens/foreigners at the expense of local workers and in breach of statutory regulations including the Local Content Act, NIMASA and NPA acts that prescribe indigenising of the workforce.

“It will be recalled that this matter became worrisome in 2018 which forced the Union to declare a three-day national strike before the intervention of Ministry of Transportation which summoned a stakeholders’ meeting including the IOCs and the Union. At the end, a communique was reached on how to address the matter.

“It is regrettable that up till now, the content of the communique has not been implemented. It is also very painful and sad that the Federal Government and its agencies especially the Ministry of Transportation and NPA, for the past four years have failed to compel the IOCs to not only comply with the statutory regulations, but to also comply with the communique reached at the stakeholders’ meeting of 2018,” the statement continued.

The workers added that they have endured enough promises and the usual government gimmicks of ‘we are looking at the matter’.

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The statement added, “After several deceptions and unfulfilled promises, we decided to take our destiny in our hands. We believe that these IOCs have somethings to hide which they do not want Nigerians to be aware of, and this is especially bothersome in this era of increasing insecurity across the country.

“We need to ask why the IOCs are afraid to allow registered and approved Stevedores and Dockworkers access to their operational areas as prescribed by the law. The Federal Government and our members (Dockworkers) have lost huge sum of money both in revenue and wages.

“In view of the continued denial of our members (Dockworkers) employment opportunities by the IOCs at designated oil and gas locations with its negative impact on the welfare of our members, in addition to their continued disrespect for our laws, we are constrained to issue a 7 -day ultimatum starting from today Friday 9th April 2021 to the Federal Government, the NNPC, NPA and NIMASA, to as a matter of national interest, immediately  compel the IOCs to comply and  obey the statutory regulations, and also implement the communique earlier reached”.

The Union further  declared that failure of the government and its agencies to compel the IOCs to comply with the rules on or before the expiration of this seven- day ultimatum, it will have no option than to shut down all forms of operations at the ports, terminals, jetties and other cargo handling locations in the country to press home their demands.

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Senate Approves Tinubu’s $500m Loan for Power Sector Boost

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The Nigerian Senate has approved President Bola Tinubu’s $500 million loan request intended to bolster the operations of the Bureau of Public Enterprises (BPE) to enhance the financial and technical performance of electricity distribution companies, ultimately benefiting citizens.

The endorsement, announced on Tuesday, follows a thorough examination of the report presented by Senator Aliyu Wamakko, who heads the Senate Committee on Local and Foreign Debts overseeing the 2022 – 2024 External Borrowing (Rolling) Plan specifically for the Bureau of Public Enterprises (BPE).

During the presentation of the report, Senator Haruna Manu, serving as the Vice Chairman of the Committee, emphasised the importance for the Senate to duly receive and deliberate upon the report of the Committee on Local and Foreign Debts concerning the 2022 – 2024 External Borrowing (Rolling) Plan for the Bureau of Public Enterprises (BPE).

The $500 million loan constitutes a portion of the $7.94 billion loan originally requested by President Bola Tinubu on November 1st, 2023, within the framework of the 2022-2024 external borrowing plan. In addition to the $500 million, President Tinubu also sought approval for a €100 million loan.

However, during a special plenary session on December 30, the Senate greenlit the borrowing of $7.4 billion after careful consideration of the report furnished by the Committee on Local and Foreign Debt.

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Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

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In this file photo taken on September 26, 2018, Bill Gates and his ex-wife, Melinda Gates, introduce the goalkeepers event at the Lincoln Center in New York. Ludovic MARIN / AFP

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.

The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media.

The statement gave no reason for her departure, but noted that “under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.”

The couple married in 1994 but announced their divorce in 2021.

They had continued to co-chair the foundation which they established in 2001 with the vast wealth acquired through the success of Microsoft.

With a focus on child poverty and preventable diseases, the foundation has been heavily involved in fighting malaria and in providing toilets and sanitation in poorer parts of the world.

The foundation’s website says it has spent $53.8 billion since 2000, and claims the number of children around the world who die before their fifth birthday has halved in this time.

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Bill Gates thanked his ex-wife for her “critical contributions” to the organization.

“As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality,” he said.

“I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work.”

The organization’s chief executive, Mark Suzman, said its name would change to simply the Gates Foundation — it has been known as The Bill & Melinda Gates Foundation.

“I truly admire Melinda, and the critical role she has played in starting the foundation and in setting our values, she has played an essential role in all that we’ve accomplished over the past 24 years,” he said in a video posted to social media.

“I will miss working with her and learning from her. I look forward to seeing her continued impact.”

 

 

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EFCC calls on banks’ compliance officers to uphold confidentiality

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Compliance Officers of Banks nationwide to refrain from unauthorised disclosure of EFCC’s investigative activities and requests made to banks’ customers.

Speaking through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa Garba Ringim, during a stakeholders’ meeting with Compliance Officers of Banks in Oyo State on Tuesday, Olukoyede emphasised the detrimental impact such disclosures have on the investigation of financial crimes and the timely filing of corruption cases in court.

Olukoyede expressed concern over the tacit support fraudsters receive from the Nigerian banking sector, highlighting the challenges it poses to the Commission.

He urged Compliance Officers to promptly respond to EFCC’s correspondence with certified true copies of relevant documents, as this facilitates swift investigation processes.

Also, Olukoyede addressed the illegal trading of naira with Point-of-sale (POS) operators, stressing the need to curtail such practices for the benefit of Nigerians.

In response to the chairman’s directives, Compliance Officers assured the EFCC of their unwavering support and commitment to enhancing collaboration between the Commission and banks for more effective anti-corruption efforts.

 

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