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Nigeria’s top business leaders, UN to visit Borno in support of conflict-affected people in the North-East
Some of Nigeria’s most influential and powerful business leaders travelled to Maiduguri on Tuesday in a first-ever collective visit to camps for internally displaced people where aid agencies have been responding to the most urgent needs of women, men, and children freshly displaced by the ongoing conflict.
Mr. Adewale Tinubu, Group CEO of Oando Plc, one of Nigeria’s largest indigenous energy companies, led a delegation that included Access Bank’s Group Managing Director Mr. Herbert Wigwe, and former chairman of the Nigerian Economic Summit Group (NESG) Mr. Kyari Bukar, among other private sector leaders. They joined the UN Humanitarian Coordinator in Nigeria, Mr. Edward Kallon, and other UN representatives on a visit to two IDP camps in Maiduguri, the Borno State capital, where they met people whose lives have been uprooted by the ongoing crisis.
“The humanitarian community has been working tirelessly to provide shelter, food, health care and other basic needs to families who have been left with little or nothing. To see CEOs of banks and energy companies show compassion for the mothers and fathers, daughters and sons affected by this crisis brings a new beacon of hope for people who have endured too much. Together with the leading business minds in Nigeria, there is so much more we can do for Nigeria’s most vulnerable people,” said Edward Kallon, United Nations Humanitarian Coordinator for Nigeria.
The visit was part of the Nigeria Humanitarian Fund-Private Sector Initiative (NHF-PSI), a groundbreaking global initiative created in Nigeria that will see companies join donor countries in pooling donations and resources together. The platform aims to create a more collaborative and effective response to the ongoing humanitarian crisis that has affected over 7 million people in Nigeria’s north-east, 80 percent of whom are women and children.
“This initiative is about Nigerians helping Nigerians. Today I have witnessed some of the most vulnerable people; women and children in the most dire circumstances. Having seen the magnitude of their humanitarian needs, it is obvious that it is not a task that the Government or any one agency can take on alone,” said Mr. Adewale Tinubu. “The onus is on us to use our position to repair, nurture, build and sustain our society and pave a path for a truly inclusive economy,” Mr. Tinubu added.
The delegation also met with the Executive Governor of Borno State, Alh. Kashim Shettima who welcomed this unique partnership.
“I am very glad that the Nigerian private sector, a very vibrant sector, is at the vanguard of driving this program. In the UN, Nigeria’s private sector has found a partner that has the integrity to truly make things work”, Governor Shettima stated.
Fourteen of the biggest companies in Nigeria signed up to the initiative launched in Lagos in November 2018, which will harness their financial resources, innovative capacity and entrepreneurial drive in support of the humanitarian response in the affected states of Borno, Adamawa and Yobe. The NHF-PSI offers a measurable and accountable platform for companies to pool their resources together to more effectively transform the lives of millions of their fellow Nigerians.
To date, the Nigeria Humanitarian Fund has raised $83 million in contributions and pledges, thanks to the generous support of seventeen donor countries. Nigeria boasts one of Africa’s largest economies with an emerging and thriving private sector globally.
The United Nations and founding private sector members of the initiative are urging more businesses to come together and collaborate under the platform of the Nigeria Humanitarian Fund-Private Sector Initiative.
US car giant Ford on Wednesday announced 4,000 more job cuts in Europe, mostly in Germany and Britain, in the latest blow to the continent’s beleaguered car industry.
“The company has incurred significant losses in recent years,” Ford said in a statement, blaming “the industry shift to electrified vehicles and new competition”.
The move will affect 2,900 jobs in Germany, 800 in the UK and 300 in western Europe by the end of 2027, a Ford spokesman told AFP.
“It is critical to take difficult but decisive action to ensure Ford’s future competitiveness in Europe,” said Dave Johnston, Ford’s European vice-president in the statement.
The company also said it was adjusting the production of its Explorer and Capri models, resulting in reduced hours at its Cologne plant in the first quarter of 2025.
Europe’s car industry has been plunged into crisis by high manufacturing costs, a stuttering switch to electric vehicles and increased competition in key market China.
Germany’s Volkswagen has been among those hardest hit, announcing in September that it was considering the unprecedented move of closing some factories in Germany.
“The European automotive industry is in a very demanding and serious situation,” Volkswagen CEO Oliver Blume said at the time.
Ford had already announced in February 2023 that it was planning to cut 3,800 jobs in Europe, including 2,300 in Germany and 1,300 in Britain.
The company said then it was planning to reduce the number of models developed for Europe, concentrate on the profitable van segment and speed up the transition to electric vehicles.
Ford currently has around 28,000 employees in Europe with 15,000 in Germany, according to the company’s works council.
President Bola Tinubu has approved the dissolution of the Governing Council of Nnamdi Azikiwe University (UNIZIK), Awka, Anambra State, and the removal of the institution’s Vice-Chancellor, Prof. Bernard Ifeanyi Odoh, and Registrar, Mrs. Rosemary Ifoema Nwokike.
The council, chaired by Ambassador Greg Ozumba Mbadiwe, comprised five other members: Hafiz Oladejo, Augustine Onyedebelu, Engr. Amioleran Osahon, and Rtd. Gen. Funsho Oyeneyin.
A statement released on Wednesday by presidential spokesperson, Bayo Onanuga, revealed that the council was dissolved following reports of procedural violations in appointing the vice-chancellor.
According to the statement, the council had allegedly appointed an unqualified candidate, disregarding due process, which triggered tensions between the university’s Senate and the council.
The Federal Government expressed dismay over the council’s actions, emphasizing the need for adherence to the university’s governing laws in decision-making.
“The council’s disregard for established rules necessitated the government’s intervention to restore order to the 33-year-old institution,” the statement noted.
In a related development, President Tinubu also approved the dismissal of Engr. Ohieku Muhammed Salami, the Pro-Chancellor and Chairman of the Governing Council of the Federal University of Health Sciences, Otukpo, Benue State.
Salami was accused of suspending the university’s Vice-Chancellor without following the prescribed procedures, a move the Federal Ministry of Education had previously directed him to reverse.
Despite the Ministry’s directives, Salami reportedly refused to comply and resorted to issuing threats and abusive remarks towards the Ministry’s officials, including the Permanent Secretary.
The Federal Government reiterated that the primary role of university councils is to ensure the smooth operation of academic activities, strictly adhering to the laws establishing each institution.
Tinubu warned university councils against engaging in actions that could destabilize their institutions, as his administration remains committed to enhancing the nation’s education system.
The Ekiti State Government has reached an agreement with labour leaders in the state, signing a Memorandum of Understanding (MoU) for the payment of the N70,000 minimum wage approved by the Federal Government.
Addressing journalists at a brief ceremony in Ado-Ekiti on Tuesday, the Head of Service (HoS), Dr. Folakemi Olomojobi, announced that the payment would commence immediately.
She lauded Governor Biodun Oyebanji for prioritizing the welfare of workers despite the state’s limited resources.
“This development demonstrates the governor’s commitment to improving the livelihood of our workers,” Dr. Olomojobi stated, highlighting the proactive measures taken by the administration to ensure prompt implementation.
In their remarks, the Trade Union Congress (TUC) Chairman, Comrade Sola Adigun, and the Nigeria Labour Congress (NLC) Chairman, Comrade Olatunde Kolapo, expressed their appreciation to Governor Oyebanji for fulfilling his promises to workers.
They confirmed that the new minimum wage would apply to all cadres, including employees in ministries, parastatals, agencies, and pensioners.
The Chairman of the Joint Negotiating Committee (JNC), Comrade Femi Ajoloko, described the implementation as a fair and commendable adjustment.
“This decision reflects the governor’s magnanimity and his dedication to fostering a productive workforce in Ekiti State,” he said.
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