Business
ASUP Threatens Strike Over New Polytechnic Scheme
The Academic Staff Union of Polytechnics (ASUP) has threatened to initiate a strike if the government does not suspend the recently implemented Scheme of Service for Nigerian Polytechnics, effective June 7.
This announcement follows an emergency congress held at Auchi Polytechnic, Edo State, where ASUP expressed strong dissatisfaction with the new scheme.
According to ASUP’s Chairman for the Auchi Chapter, Bamidele Osamudiamen, the new scheme is seen as a setback for the growth of polytechnic education, particularly in terms of career progression for lecturers.
He criticized the scheme for perpetuating disparities between holders of university degrees and Higher National Diplomas (HNDs), and for imposing an extended and inequitable career progression timeline on lecturers.
The Rector of Auchi Polytechnic, Dr Salisu Umar, echoed these concerns, emphasizing that the scheme could undermine polytechnic education in Nigeria and called for its suspension due to numerous irregularities and biases against polytechnic lecturers.
Nigerian fintech company OPay has introduced new security features to improve the safety of its application.
The company unveiled the Emergency Lock and Safety PIN features to give customers better control over their funds and provide added protection against fraud and unauthorized transactions.
The Emergency Lock feature allows customers to instantly freeze their OPay account with a single tap whenever they sense a threat or believe their account may be at risk.
The newly launched Safety PIN introduces an additional layer of security, helping customers protect themselves in situations where they may be forced to make a transfer or payment against their will.
The Federal Government of Nigeria has spoken on the agriculture sector of the country and shared that, in its current state, it needs more capital as it cannot stand alone without it.
They stated that even more capital will be needed in order to transform the agricultural sector and improve food production in Nigeria.
“Relying solely on public capital will not suffice to finance the transformation of Nigeria’s agricultural sector. Similarly, private capital will not be mobilised at the necessary scale unless the associated risks are comprehensively understood, appropriately allocated, and effectively managed.”
It has been noted that there is now an increase in fuel all around Nigeria, from … to 1000 plus in fuel stations.
It was also noted that Dangote Petroleum Refinery increased the price to 1,175 per litre and diesel has been increased to 1,620 per litre.
This new spike in fuel increase has caused Nigerians to lament widely, wondering why this change happened all of a sudden.
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