Fight Corruption, Don’t Sack Workers, NLC Tells Buhari

                          The Nigeria Labour Congress has called on the President-elect, Muhammadu Buhari, to deal decisively with the problem of corruption in the country.
The President of the NLC, Mr. Ayuba Wabba, said in a statement on the agenda of the NLC for the President-elect on Thursday that decisive steps should be taken against the scourge of corruption for the sake of the survival of the country.

Court Stops NERC From Increasing Electricity Tariff

                    A Federal High Court in Lagos on Thursday restrained the Nigerian Electricity Regulatory Commission, (NERC), from implementing the new electricity tariff which was to take effect from June 1.
The Judge, Justice Mohammed Idris, gave the order, in a ruling on an ex-parte application filed by a Lagos-based lawyer, Mr Toluwani Adebiyi.

Importance Of Bank Verification Number

THE Bank Verification Number, BVN, is an-other important step the Central Bank of Nigeria, CBN, is using to strengthen the security of banking transactions and to ensure that fraudulent transactions are minimised, if not totally eliminated.
  The campaign is on, but the public may not realise its importance until it closes in June 2015.
Yet as the public embraces the initiative with enthusiasm, it should be aware that some fraudsters are trying to undermine the exercise by providing seemingly easier registration options for bank account holders.

Why Fuel Subsidy Must Go

                     As the world awaits the inauguration of Muhammadu Buhari as the President of Nigeria, controversy over the contentious fuel subsidy claims has taken a centre stage following the fuel scarcity that almost brought the country to its knees.
This is coming as the Federal Government is said to have spent more than N6 trillion from 2006 to 2014 on fuel subsidies. Vanguard can now reveal the amount spent on subsidy since 2006. The table below shows the amount spent on subsidy from 2006:

Osun Varsity Sacks VC, 2 Others

 

                    The Governing Council of Osun State University, UNIOSUN, has terminated the appointments of three principal officers of the state institution including the Vice-Chancellor, Professor Bashir Okesina with immediate effect.
The termination of their appointments followed the recommendations of a visitation panel set up by the Visitor to the university, Governor Rauf Aregbesola. The panel looked into the allegation of financial mismanagement in the institution.

ASUU Aondemns UNIOSUN Council For Recommending VC’s Sacking

            The Academic Staff Union of Universities at the Osun State University has condemned the  Governing Council of the institution for recommending the termination of appointment of its suspended Vice Chancellor, Prof. Bashir Okesina.
Although the alleged recommendation of the council,  headed  by Prof. Gabriel Olawoyin (SAN), has not been made public, the ASUU, in a statement by its Chairman, Dr. Oluseye Abiona, and other members of the executive, kicked against the recommendation describing it as prejudicial.

Guild Of Sports Editors Congratulates Memuletiwon

                  Nigerian Sports Editors Guild, the umbrella body of the managers of sports of the country’s media outfits, has congratulated one of its members, Ben Memuletiwon, who was recently named Editor of the National Mirror.
The Sports Editors Guild described Memuletiwon’s appointment as a demonstration of the fact that hard work and perseverance pays, adding that the pioneer editor of national sports newspaper, SportsDay, is the right man to take Daily Mirror to a new height in this age of technology-driven journalism.