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Nigerian Private Sector Warns Of Massive Job Loss Amidst Ongoing National Assembly Investigations

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Nigerian Private Sector Warns Of Massive Job Loss Amidst Ongoing National Assembly Investigations....KINDLY READ THE FULL STORY HERE▶

The Organized Private Sector of Nigeria (OPSN) has raised concerns over the potential for widespread job losses due to continuous invitations and summons for investigative hearings by National Assembly committees and ad-hoc committees.

Numerous private companies operating in Nigeria are considering relocating their operations to neighboring countries due to the persistent threats and disruptions caused by the National Assembly committees and ad-hoc committees.

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The OPSN includes prominent business associations such as the Manufacturers Association of Nigeria (MAN), Nigeria Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Nigeria Employers Consultative Association (NECA), Nigeria Association of Small-Scale Industries (NASSI), and Nigeria Association of Small and Medium Enterprises (NASME).

Addressing the media on Tuesday, September 19, in Abuja, the Director-General of MAN, Segun Ajayi-Kadir, representing the OPSN, expressed serious concerns about the overbearing approach of the National Assembly committees and ad-hoc committees, which, through their invitations, summons, and threats of arrest, are expediting the departure plans of many businesses due to the “inhospitable business environment” they create.

Ajayi-Kadir highlighted that these threats not only disrupt business operations but also severely hinder business growth, the establishment of new enterprises, and result in significant financial losses for many companies.

He emphasized, “This has been a notable challenge since the 7th National Assembly, from 2012. Recently, several letters were received by our member companies from the Ad-hoc Committee on Non-Remittance to the National Housing Fund and Utilization of the Fund from 2011 to Date, and the Ad-hoc Committee to investigate the Compliance of Ministries, Departments, and Agencies of government and corporate bodies with the Industrial Training Fund Act, amongst other committees.”

While acknowledging the National Assembly’s efforts in conducting oversight functions, the OPSN stressed that sections 88 and 89 of the Constitution, relied upon by the Committees, are not applicable to private sector businesses.

Ajayi-Kadir cautioned that if the situation is not addressed promptly, it could lead to the closure of companies, job losses, reduced tax revenue, increased insecurity, and social unrest.

He further noted that there are statutory government agencies within the Executive Arm responsible for engaging, inspecting, auditing, and enforcing compliance, and they should be the ones invited to account for levels of compliance rather than private businesses. The OPSN expressed concern that the frequent invitations, summons, and threats of arrest could discourage foreign direct investors from the Nigerian economy and lead to more companies relocating abroad, ultimately harming business activities in the country.

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Joshua’s Next Target? AJ Fires Warning Shot To Moses Itauma: “I’m Ready After Fury!”.

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British-Nigerian heavyweight icon Anthony Joshua has confirmed his willingness to face surging prospect Moses Itauma, provided he secures victories in his upcoming scheduled bouts. During an interview with Fight Hub TV, the two-time world champion expressed enthusiasm about the potential matchup, citing it as one of many exciting opportunities ahead.....KINDLY READ THE FULL STORY HERE▶

The current landscape for Joshua includes:

  • Upcoming Schedule: Joshua is slated to battle Kristian Prenga in Jeddah on July 25, followed by a highly anticipated all-British clash with Tyson Fury in November.

  • Future Timeline: If he remains successful in these high-profile fights, a showdown against the undefeated 21-year-old Itauma could materialize in early 2027.

Regarding the prospect, Moses Itauma, the report notes:

  • Rising Profile: Despite boasting a perfect 14-0 record, Itauma’s endurance is yet to be fully tested, as none of his professional contests have exceeded 18 minutes.

  • Upcoming Test: Itauma is reportedly finalizing a major fight against Croatian contender Filip Hrgovic, expected to take place in late August.

  • Career Trajectory: A win against Hrgovic would bolster Itauma’s world title aspirations, with potential future opponents already being discussed should a championship become available.

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“Enough Is Enough”: FG Finally Launches All-Out War Against Kidnappers, Schools Are Locked Down.

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To combat the growing threats of kidnapping, banditry, and other security risks facing Nigerian schools, the Federal Government has introduced new safety protocols designed to protect basic education nationwide.....KINDLY READ THE FULL STORY HERE▶

These updates were announced in Kano by Aisha Garba, the Executive Secretary of the Universal Basic Education Commission (UBEC), during a three-day training workshop for stakeholders representing the 19 Northern states and the Federal Capital Territory (FCT).

Key highlights of the new initiative include:

  • Integrated Safety Guidelines: The commission has updated the School-Based Management Committees (SBMC) operational documents to specifically address critical issues such as education during emergencies, climate change, school security, and gender-based violence.

  • Strengthening Community Involvement: Representing the Executive Secretary, Patricia Uche—the head of Community Engagement and Social Mobilisation—explained that the review was prompted by the frequent attacks on schools. The goal is to empower local communities to take a more active role in safeguarding students and ensuring education remains uninterrupted.

  • Focus on Vulnerable Infrastructure: Given that many public primary schools lack perimeter fencing, the government is launching “safe school initiatives.” These efforts encourage communities to identify local risks and push for necessary security measures to better protect both learners and teachers.

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“Under Fire!”: WAEC Declares War On Supervisors Involved In Illegal Candidate Fees!.

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The West African Examinations Council (WAEC) has issued a stern warning against the illegal extortion of candidates during the ongoing West African Senior School Certificate Examination (WASSCE). The council condemned the practice as unethical and a threat to the integrity of the examination process. Reports indicate that some schools and supervisors have been demanding unauthorized payments from candidates for items such as transportation, welfare packages, and “cooperation” fees. Furthermore, WAEC expressed particular concern over schools charging students for KAPEK calculators, which are provided by the council free of charge.....KINDLY READ THE FULL STORY HERE▶

The council stated that any schools, supervisors, or officials found engaging in these illegal collections will face severe sanctions, which may include the derecognition of schools, the blacklisting of officials, and potential prosecution. Additionally, WAEC acknowledged that the current WASSCE has faced operational and security challenges, including logistics delays and a tragic road accident that resulted in the deaths of three staff members who were transporting examination materials. Despite these difficulties—which also include disruptions caused by security concerns and protests—WAEC has activated emergency measures to ensure that affected candidates can complete their examinations.

Key Takeaways

  • Extortion Warning: WAEC has declared illegal the collection of unauthorized fees from candidates for calculators, transportation, and other alleged “welfare” costs.

  • Potential Sanctions: Those involved in extortion face disciplinary actions, including the possibility of being blacklisted or prosecuted.

  • Operational Challenges: The examination process has been hampered by logistics disruptions, security threats, and the loss of three personnel in a road accident.

  • Commitment to Integrity: WAEC is urging stakeholders to report any unethical conduct while assuring the public of its commitment to maintaining a smooth examination process.

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