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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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The Ultimate Prohibition: Ondo Govt Drops Heavy Hammer, Banning Unverified Alcoholic Drinks After Tragic Wave Of 30 Deaths!

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The Ondo State Government has announced an immediate, statewide ban on the sale and distribution of all unverified alcoholic drinks and similar substances.....KINDLY READ THE FULL STORY HERE▶

This directive follows a tragic incident in the Odigbo Local Government Area, where approximately 30 people died after consuming a locally brewed herbal alcoholic mixture known as ‘monkey tail.’ An additional 50 individuals were hospitalized, prompting the swift government intervention to prevent further loss of life.

State Commissioner for Information and Orientation, Idowu Ajanaku, confirmed the ban in a statement, emphasizing that the measure is necessary to contain the crisis and protect residents from potentially lethal products. The ban specifically targets alcoholic drinks and other substances sold in sachets, bottles, or other forms whose origin, ingredients, or regulatory approval cannot be established.

Ajanaku stated that the Ministry of Health has launched a full investigation into the toxic substance. Scientific officers have been deployed to the affected communities to identify the exact compound responsible for the fatalities. “Under the leadership of Governor Lucky Orimisan Aiyedatiwa, the government is leaving no stone unturned in the efforts to unravel the circumstances surrounding the incident, protect the lives of our people and prevent further casualties,” the statement read.

The government has strongly cautioned the public against purchasing or consuming any alcoholic beverage whose authenticity is questionable. It specifically highlighted the risk of consuming products in sachets or bottles that lack certification from the National Agency for Food and Drug Administration and Control (NAFDAC).

Traders and distributors have been ordered to immediately halt the purchase, sale, and distribution of any product that cannot be verified. The government warned that violators would face prosecution and the full force of the law. Security agencies across the state have been directed to commence immediate enforcement actions to seize and remove illegal products from circulation.

Residents are advised to remain vigilant and to report any suspicious products, vendors, or distribution activities to the relevant authorities. “Protecting lives and safeguarding public health remains a collective responsibility,” the government added, urging public cooperation with health officials and security forces during the ongoing investigation.

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Dangote, Fintiri, Traditional Rulers Attend Bamanga Tukur’s Burial

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Alhaji Bamanga Tukur, a former Governor of the defunct Gongola State and one-time National Chairman of the Peoples Democratic Party (PDP), was laid to rest on Sunday in Yola following funeral prayers at the Lamido of Adamawa’s Palace Mosque. The Janazah prayer commenced shortly before 11 a.m. with thousands of mourners, government officials, and dignitaries present. High-profile attendees included industrialist Aliko Dangote and the Emir of Adamawa, Barkindo Aliyu Musdafa, alongside various traditional rulers. Following the prayers, Tukur’s body was interred at his late father’s family compound near the Lamido Palace in accordance with Islamic rites.....KINDLY READ THE FULL STORY HERE▶

Adamawa State Governor Ahmadu Fintiri headed a government delegation to the rites, eulogizing Tukur as a mentor, father, and “Iroko tree” who served Nigeria exceptionally across multiple capacities, from the NPA to the PDP Secretariat. In observance of a three-day mourning period declared after Tukur’s passing on Saturday, Governor Fintiri designated Monday, September 14, 2026, as a work-free day. Dangote praised the late statesman as a pioneer of Northern Nigerian private enterprise, while former Adamawa Governor Senator Jibrilla Bindow remembered him as an invaluable political counselor.

Tukur passed away in Abuja on Saturday, September 12, 2026, just days ahead of his 91st birthday, after which his body was flown to Yola and kept overnight at his Jimeta private residence. Born on September 15, 1935, he is survived by two wives and 18 children, which includes Alhaji Awwal Tukur, the current Secretary to the Government of Adamawa State.

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The Ultimate Diplomatic Triumph: Ikpeazu Storms Spain In Grand Style, Officially Presenting Letters Of Credence As Nigeria’s New Ambassador!.

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Okezie Ikpeazu, the former Governor of Abia State, has officially submitted his Letters of Credence to King Felipe VI of Spain.....KINDLY READ THE FULL STORY HERE▶

This formal act solidifies his position as the diplomatic representative of the Federal Republic of Nigeria in the Kingdom of Spain. President Bola Tinubu approved Ikpeazu’s posting on March 6 alongside 64 other ambassadors, following their confirmation by the Senate last December.

Current Abia State Governor Alex Otti has congratulated his predecessor on the appointment, noting the significance of the role in serving the nation’s diplomatic interests and protecting Nigerian citizens within Spain.

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