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TUC Gives Fayemi 21 Days to Pay Backlog of Salaries

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Ekiti State map

By Adedapo Adesanya

The Ekiti State chapter of the Trade Union Congress (TUC) has given the state governor, Mr Kayode Fayemi, a 21-day ultimatum to pay the backlog of salaries of workers.

The union reminded Mr Fayemi that during his electioneering campaign in 2018, he promised to clear the backlog and till now, he was yet to fulfil this promise. The tenure of the Governor is expected to expire on October 15, 2022.

According to the group, redeeming such a pledge would further reinforce workers’ trust in the administration of the All Progressives Congress (APC) in the state and smoothen the relationship with the incoming Governor, Mr Biodun Oyebanji.

In a statement signed by its State Chairman, Mr Sola Adigun, the union congratulated Mr Oyebanji on his victory in the recently concluded governorship poll, urging him to be magnanimous in victory by being inclusive in governance and forming a robust alliance with opposition to build Ekiti of his dream.

The union condemned in strong terms, the rate of kidnapping of citizens in the state, urging Mr Fayemi to devise means to curtail the nefarious act threatening peaceful coexistence and investment drives.

Sequel to the government’s inability to meet some pending workers’ demands, TUC issued the 21-day ultimatum to the Governor to pay all arrears of salaries, deductions and promotion, failing which industrial harmony could no longer be guaranteed.

“The TUC commends the government’s prompt payment of salary since the inception of this outgoing administration in October 2018 till date. However, the TUC reminded Governor Fayemi of his initial promise to offset all arrears payments before the expiration of the tenure.

“But we noted with dismay, the refusal of the government to remit the already deducted dues such as co-operative deductions, contributory pension, bank loans repayment, NHF fund, to the appropriate quarters.

“We equally frown seriously at the refusal of the Accountant-General of the State to continue with cooperative savings update of Ekiti workers, due to the alleged presence of some syndicate operating in her office.

“Most members of TUC have not benefited from the new minimum wage after almost two years of implementation in the state,” the group concluded.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

Jobs/Appointments

Tinubu Chooses Gbajabiamila as Chief of Staff, Akume as SGF

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Gbajabiamila Tinubu

By Modupe Gbadeyanka

The Speaker of the House of Representatives, Mr Femi Gbajabiamila, has been appointed as the Chief of Staff to President Bola Tinubu.

Mr Gbajabiamila won his re-election into the lower chamber of the National Assembly on February 25, 2023, but with this appointment, he will have to lose his seat in the parliament to coordinate the activities of his new boss.

Also, Mr Tinubu has picked the former Governor of Benue State, Mr George Akume, as the new Secretary to Government of the Federation (SGF).

He is take over from the former occupier of the position, Mr Boss Mustapha, who served under the administration of the immediate past President, Mr Muhammadu Buhari.

Similarly, the former Deputy Governor of Jigawa State, Mr Ibrahim Hassan Hadejia, has been chosen by Mr Tinubu as his Deputy Chief of Staff.

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Paxful Announces Roshan Dharia as Interim CEO

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Roshan Dharia Paxful Interim CEO

By Modupe Gbadeyanka

Mr Roshan Dharia has been appointed as the interim chief executive of Paxful, a leading global peer-to-peer Bitcoin platform.

In a statement issued by the company’s press team, it was disclosed that the appointment of Mr Dharia became effective on Wednesday, May 31, 2023.

Recall that Paxful returned to business some weeks ago after it shut down its operations due to internal issues.

Mr Dharia would be expected to reposition the firm “with the objectives of strengthening operations and exploring strategic alternatives.”

He was most recently a senior executive at TrustToken (now known as Archblock) where he led the DeFi institutional lending business, successfully deploying over $1.5 billion in stablecoin loans to crypto-native companies.

Prior to TrustToken, Roshan founded and built the investment platform PTHL Affiliates, which specialized in the acquisition and turnaround of distressed private companies across multiple industries.

As a seasoned executive, he has held various positions as an investor and investment banker with transactional experience totalling over $30 billion across mergers and acquisitions, financial restructurings, and financings.

The interim CEO, who is highly adept in navigating special situations with complex risk profiles and significant intrinsic value, said he was greatly honoured “to become CEO of Paxful.”

“Over the last eight years, Paxful has been a pioneer in establishing the real use cases of Bitcoin and helping millions of people in the process.

“I look forward to hitting the ground running and building on the innovative technology developed by the Paxful team,” he added.

The Custodian of Paxful, Srinivas Raju, while commenting on the appointment, said, “I’m delighted that Roshan has joined Paxful and will take over day-to-day management of the company. I’m confident under his leadership; the business will keep building a financial system that truly serves the 100 per cent.”

Since its inception in 2015, Paxful has grown to a community of over 12 million users around the world, with billions of dollars traded on the platform over the last eight years.

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Abidemi Ademola Leaves Unilever Nigeria Board

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Abidemi Ademola Unilever Nigeria

By Dipo Olowookere

An Executive Director of Unilever Nigeria Plc, Mrs Abidemi Ademola, has resigned from the board of the conglomerate.

In a notice to the Nigerian Exchange (NGX) Limited on Tuesday, it was disclosed that she would officially exit the board of the organisation on May 31, 2023.

In the statement signed by the Senior Legal Counsel and Company Secretary of Unilever Nigeria, Mrs Afolasade Olowe, the board thanked Mrs Ademola for her service to the firm, wishing her well in her future endeavours.

“This is to notify Nigerian Exchange Limited and the investing public that the Board of Directors of Unilever Nigeria Plc has considered and approved the resignation of Mrs Abidemi Ademola as an Executive Director with effect from May 31, 2023.

The Board of Directors wishes Mrs Ademola all the very best in her future career and would like to express their sincere gratitude to her for the many valuable contributions and legal expertise she brought to the company over a distinguished 27-year career at Unilever.

“Mrs Ademola’s replacement on the Board of Directors of Unilever Nigeria will be announced in due course,” the disclosure said.

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