Business
ASUU-Federal Government Meeting Postponed, New Date Set for August 28
The planned meeting between the leadership of the Academic Staff Union of Universities (ASUU) and the Federal Government, originally scheduled for Monday, has been postponed.
This meeting was set to address a range of unresolved issues that have hindered the development of Nigerian universities.
In a recent update, ASUU President, Professor Emmanuel Osodeke, informed news outlets on Monday that the meeting, which had been previously confirmed by the Minister of Education, Professor Tahir Mamman, would no longer take place as planned.
While no specific reason was provided for the postponement, it was announced that the meeting is now expected to take place on Wednesday, August 28.
ASUU had recently issued a 21-day ultimatum to the Federal Government, threatening to go on strike if certain longstanding issues were not addressed.
These issues include the release of an emergency revitalization fund for public universities, the payment of outstanding earned academic allowances, the release of withheld salaries, promotion arrears, and third-party deductions owed to ASUU members.
Other matters on the agenda include addressing the alleged illegal recruitment practices, halting the proliferation of public universities, and the perceived abuse of university laws, regulations, and processes.
ASUU is also calling for the removal of universities from the Treasury Single Account (TSA) and is advocating for the introduction of a new Integrated Personnel Payroll Information System (IPPIS) to better promote the autonomy of Nigerian universities.
The meeting is expected to focus on finding resolutions to these pressing concerns, with ASUU stressing the importance of prompt action from the Federal Government to avoid further disruptions to the academic calendar.
Businessman Aliko Dangote has explained why he believes Nigerians should participate in the ownership of his refinery by purchasing shares.
He was asked by singer Davido why Nigerians should participate, and Dangote explained that the initiative would help spread wealth and prosperity across Africa.
“Well, it’s very important because that is the only way to spread prosperity and wealth throughout Africa. And like I said, this is not going to be the first and the last. We will continue with even our fertilizer. By the time we finish listing, every single one will own part of our businesses and we will create a pool of cash…”
He explained that the goal is to create opportunities for more Nigerians to own a stake in the businesses and help spread wealth across the country.
Aliko Dangote speaks on his lineage and addresses not having a son as he was asked about not having a son to carry his name and achievements.
“That is not my priority because God controls everything. You can pray for God to give you a son, but he might be the one to take down the name of the family.”
Instead, he shared that he does not mind not having a son. “I don’t think a son would have done better than the three daughters I have.”
Aside from that, he was also asked about giving advice to young Nigerians. “Work hard, be consistent, focused and know what you want to do.”
It can be reported that following Aliko Dangote’s investment opportunity, some investment platforms are experiencing huge traffic, causing their platforms to become slow and go down.
Two platforms openly announced their issues. Bamboo said “Hey everyone, we’re getting a much higher than expected traffic trying to get into the Dangote IPO and it’s making it difficult for some users to log into the Bamboo app. We’re working on a fix and it will be up and running shortly.”
Cowrywise also said “We’re currently seeing more traffic than usual on the Cowrywise app. Our team is already on it and working to get things back to normal. Thanks for your patience, everyone.”
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