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Tinubu Must Urgently Tackle Hunger, Suffering in Nigeria—CNPP

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Ibadan stampede

By Modupe Gbadeyanka

President Bola Tinubu has been urged to urgently look into the escalating hunger and suffering faced by millions of Nigerians due to the policies of his administration.

This call was made by the Conference of Nigeria Political Parties (CNPP) in a statement signed by its Deputy National Publicity Secretary, Mr James Ezema.

The group was reacting to the recent tragic incidents, including stampedes in Ibadan Oyo State, Anambra State and Abuja, resulting in loss of lives as citizens scrambled for palliatives.

“The current economic policies have had devastating short-term impacts, leading to increased hardship for the populace,” a part of the statement said.

“The federal and state governments must prioritize the survival of its citizens before they can even begin to enjoy the so-called long-term benefits of ongoing reforms in the country,” the organisation stated further.

The CNPP said it firmly believes that the “reality is that Nigerians must be kept alive first; only then can they contribute to the nation’s economic growth and development.”

To address this, the CNPP called on President Tinubu to immediately reconsider the pricing of petroleum products, particularly in light of the recent completion of the Port Harcourt Refinery’s rehabilitation and the ongoing loading of petroleum products at the refurbished refinery.

“We equally call on the President to urgently consider releasing crude oil at a highly subsidized rate to local refineries, including Dangote Refinery for domestic consumption,” it added.

“This will lead to a reduction in fuel prices, which is essential to alleviate the burden of transportation costs and the expenses associated with fueling power generators for manufacturing companies,” it added.

The CNPP warned that if these issues are not addressed, the increasing cost of production will continue to complicate Nigeria’s economic woes, rendering both interim and long-term gains from the ongoing economic reforms unattainable.

According to the group, the current trajectory is unsustainable and threatens to push more Nigerians into poverty and despair.

“No responsible leader can stand by and watch avoidable deaths occur among our citizens — individuals who should be contributing to the economic growth of our nation but are instead succumbing to the negative impacts of government policies and poor governance,” it stated.

It called for an immediate and comprehensive response from the Tinubu administration and state governments to address these pressing issues, urging the government “at all levels to implement policies that prioritize the welfare of the people,” ensuring that “no Nigerian is left behind in the quest for economic recovery and stability.”

The group implored Mr Tinubu to take decisive action to alleviate the suffering of Nigerians and to create an environment where citizens can thrive, saying, “The time for rhetoric is over; it is time for tangible action that reflects the needs and realities of the Nigerian people.”

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Olam Agri to Sustain Significant Investments in Workforce, Food Value Chain

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Olam Agri food commodities

By Aduragbemi Omiyale

The managing director of Olam Agri in Nigeria, Mr Anil Nair, has assured us that more investments in the company’s workforce will be made for economic growth.

He gave this assurance while reacting to the recognition of the organisation as a Top Employer for the fifth consecutive time by the Top Employers Institute.

“As we celebrate this recognition, we also look to the future. Olam Agri is committed to scaling our HR practices to ensure alignment with global standards.

“We will continue to make significant investments in our people and the food value chain, enriching lives and driving economic growth.

“Our goal is to create an environment where our employees can excel and thrive, and we are dedicated to achieving this.

“Olam Agri’s continued success as a Top Employer reflects its unwavering dedication to fostering growth, well-being, and excellence in its operations,” he stated.

Also commenting, the firm’s Regional Head of Human Resources, Jaideep Biswas, said, “Our people-centric strategy aligns with the dynamic demands of the global talent landscape, embedding diversity, equity, and inclusion at the core of our operations.

“This certification validates our approach, but we’re not stopping here. We remain committed to helping our workforce thrive in a rapidly evolving work environment.”

In the annual HR Best Practices Survey of the Top Employers Institute, Olam Agri in Nigeria was named the Top Employer because of its exceptional workplace culture, innovative HR strategies, and growing appeal to talent locally and globally.

“Consistency in a not-so-consistent world is remarkable. Amidst technological advances, economic shifts, and evolving social landscapes, it’s inspiring to see organisations like Olam Agri rise to the challenge.

“This year’s certification celebrates those who continue to lead with people-first strategies, setting the standard for enriching the world of work,” the chief executive of Top Employers Institute, Mr David Plink, said.

The institute evaluates organisations based on a comprehensive survey covering six key HR domains and 20 topics: People Strategy, Work Environment, Talent Acquisition, Learning, Diversity, Equity and Inclusion, and Wellbeing.

Since 2020, Olam Agri’s operations in Côte d’Ivoire, Ghana, Nigeria, South Africa, and the Africa region have consistently earned top rankings, solidifying its reputation as an employer of choice.

As a leading agribusiness in food, feed, and fibre, Olam Agri is deeply committed to making a positive impact on its workforce, customers, host communities, and stakeholders.

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Proposed NLC Protest Over Tariff Hike Unnecessary—Subscribers

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By Adedapo Adesanya

The National Association of Telecommunication Subscribers (NATCOMS) has distanced itself from the planned industrial action by the Nigeria Labour Congress (NLC) against the recently approved telecommunication tariff hike.

According to NATCOMS President, Mr Deolu Ogunbanjo, in a statement on Thursday, the proposed protest was unnecessary, warning that it could send negative signals to investors.

Earlier this week, the Nigerian Communications Commission (NCC) approved a 50 per cent tariff adjustment in response to rising operational costs following over 11 years of discussion.

The move has raised worries and one of the parties which have been vocal about is NATCOMS.

The subscribers’ group and the labour union criticized the move, describing it as excessive and burdensome for Nigerian consumers.

On the part of the union, Mr Joe Ajaero, the NLC President, called on the industry regulator and the National Assembly to halt the 50 per cent implementation, urging Nigerian workers and the public to reject the hike, suggesting a nationwide boycott of telecommunication services as a possible course of action.

“This is for our dignity, our rights, and our survival as a people. The NLC remains resolute in defending the interests of Nigerian workers and the masses.

“We will resist this injustice and demand that the government prioritizes the interests of its citizens over corporate interests,” Mr Ajaero said.

But NATCOMS has advocated legal action and not the proposed protest.

“We do not support the Nigerian Labour Congress’ call for industrial action. No, we don’t! NATCOMS is not in support,” Mr Ogunbanjo stated.

“To investors and businesses, it is a wrong signal. Negotiation is still ongoing, and the tariff hike is scheduled for February. We still have eight days,” he added.

Business Post had reported that NATCOMS is engaging with the NCC to find a resolution and is prepared to approach the courts if consultations fail.

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Five Firms Get N16.3bn for 68km Rural Roads in Oyo

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Rural Roads Development

By Modupe Gbadeyanka

Five construction companies have sealed a deal worth N16.3 billion to construct about 68 kilometres of rural roads under phase 1 of the Oyo State Rural Access and Agricultural Marketing Project (Oyo RAAMP).

The roads, according to the Commissioner for Agriculture and Rural Development, Mr Olasunkanmi Olaleye, cut across five local government areas of the state.

He said the project was expected to have a positive impact on lives of rural communities, farmers, and traders as well as market hubs to reduce post-harvest loss of agricultural products.

The Commissioner urged the firms to execute quality and satisfactory jobs since they emerged from the highly competitive bidding and procurement processes.

Mr Olaleye explained that the phase 1 intervention roads of backlog maintenance/rehabilitation and cross drainage structures would include the Fashola Farm settlement road networks in Oyo West, the Oloko Oyo Junction-Ikere Junction in Iseyin Local Government, the Alako-Idiya-Batake-Olowa Farm settlement in Ido Local Government, the Adebayo-Alata-Aba Oje in Oluyole local government, the Okudi-Oyada road in ATISBO Local Government, and the Tewure-Ila junction road in Oriire local government.

The contractors awarded the road projects are Dephhanny’s Venture Limited, Messrs CGC Nigeria Limited, Messrs Coastline Engineering Limited, Messrs Lopek Engineering and Construction Limited, and Messrs E.A.A Engineering Limited.

Speaking at the signing ceremony, the Permanent Secretary in the Ministry of Agriculture and Rural Development, Mrs Abosede Owoeye, said that the objectives align with the vision of Governor Seyi Makinde to support farmers with the necessary equipment to enhance food security, adding that this was one step closer to achieving its goals of promoting economic growth, improving livelihoods, and enhancing food security.

She, therefore, thanked the federal government, the World Bank, and the French Development Agency for the support.

In her remarks, the Oyo State Project Coordinator for Rural Access and Agricultural Marketing Project, Ms Adeola Ekundayo, urged the contractors to cooperate with stakeholders who will be monitoring their activities.

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