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Resign If You Want To Replace Abure, LP Fires Back At NLC President

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Tensions escalate within the Labour Party on Saturday as the National Working Committee accuses Joe Ajaero, President of the Nigeria Labour Congress (NLC), of actively vying to oust National Chairman Julius Abure.

The NWC’s allegations come in response to a recent open letter penned by the Nigeria Labour Congress Political Commission on Friday.

In the letter co-signed by Titus Amba and Chris Uyot, Chairman and Secretary of the commission respectively, accusations surfaced against Abure and the NWC.

They were alleged to have proposed a covert national convention set for March 27 in Umuahia, Abia State’s capital, aimed at reinstating Abure as the Labour Party’s sole administrator.

The letter raised concerns over the lack of stakeholder input, particularly from the NLC, regarding this decision.

Additionally, it claimed that Abure previously attempted to unilaterally extend his tenure by two years in April 2023 but was thwarted by the intervention of the party’s presidential candidate, Peter Obi, who insisted on following proper procedures.

Describing the proposed convention as illegitimate, the NLC’s political faction demanded Abure’s immediate resignation as party chairman. They advocated for the establishment of a caretaker transition committee to oversee a lawful and inclusive national convention.

In response, the Labour Party leadership rejected the directive, alleging it was orchestrated by Ajaero in pursuit of his alleged aspiration to become the party’s next national chairman.

In a statement titled “Resign as NLC President to Contest LP Chairmanship, Labour Party Advises Joe Ajero,” LP’s National Publicity Secretary, Obiora Ifoh, asserted the party’s independence and refusal to take orders from unionists who are not official party members.

Ifoh additionally affirmed that the slated national convention scheduled for March 27 in Umuahia would proceed as initially planned.

He said, “The attention of the leadership of the Labour Party has been drawn to a press 4elease titled ‘A misadventure in political mischief, mismanagement and misdemeanour gone too far’ written by the NLC’s Political Commission as an agent of the Nigeria Labour Congress.

“The NLC letter did not come to us as a surprise or a shock. It was long expected before now, having known that the NLC was going to engage itself in this misadventure.

“Nigerians will recall that in 2014, NLC has been involved in a war of blackmail and attrition against the Labour Party and its leadership. It was only recently, following the civil and diplomatic approach adopted by Julius Abure when he assumed leadership that he was able to get the then President of the NLC, Ayuba Waba, and the then President of the Trade Union Congress, Olaleye Quadri, to a truce where the NLC, TUC and Labour Party agreed to work together in harmony.

“Unfortunately, the rascality of the current president of the NLC, Joe Ajero, has destroyed the successes already recorded. It must be noted that the NLC and its political commission have become a bundle of contradiction and paradox.

“The Nigeria Labour Congress has written several letters to the Independent National Electoral Commission and to the party on the need to conduct a national convention.”

Continuing, Ifoh emphasized that the party leadership had heeded the call for the national convention, pointing to the explicit support provided by Article 14:4b of the party Constitution.

He further suggested that if the NLC president and his allies were dissatisfied with the provision, Ajaero should consider resigning from his position and formally declaring his candidacy to contest against Abure.

Nevertheless, he urged the unionists to contemplate becoming active members of the party at the grassroots level, stressing the importance of genuine political involvement starting from the grassroots.

“At this point, the leadership of the party wants to ask the NLC, what exactly do they want? If Joe Ajero is interested in the leadership of the party, he is therefore advised to resign as the President of the NLC and join in the contest for the National Chairmanship of the party that is scheduled for the convention on the 27th of March, 2024.

“We have advised the NLC before now that party politics is played at the ward level and not at the national level. If NLC is interested in taking the leadership of the party, it should go and engage in the mass mobilisation of its members to join the party at the grassroots.

“It will shock Nigerians to know that members and officials of the NLC are not even card-carrying members of the Labour Party. All over the country, NLC members are supporting either the APC or the PDP.

“We must note that undue interference by the Nigeria Labour Congress on the affairs of the party has become worrisome and it has become needful to emphasise here the distinction that the Labour Party has a life of its own different from that of the Nigeria Labour Congress.

“We therefore want to advise the NLC and its commission that it should focus only on its statutory responsibilities of defending the workers and the workers’ rights.

“In conclusion, we note that the Labour Party will be going ahead with our party programmes and our convention will be held. We have consulted with our stakeholders and the consultation is ongoing and we will continue to consult until March 27 when the new leadership of the party will emerge.” It added

 

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Lagos Market On Fire As Hoodlums Clash [Video]

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Numerous individuals sustained injuries following a confrontation between rival groups in the Ile-Epo vicinity of Lagos State.

According to reports, the altercation erupted within the local market on Wednesday night and persisted into Thursday morning.

During the clash, several shops were set ablaze, and merchandise was vandalized. Despite efforts by law enforcement, the intervention was hindered by the aggressors.

This morning, a fire service truck attempting to enter the market was compelled to retreat after being bombarded with stones by unidentified assailants.

See video below:

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NGX Group Releases Stellar Q1 ’24 Numbers

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NGX: Transactions maintain bearish trend with 0.0% loss

The Nigerian Exchange Group Plc (NGX Group) has unveiled stellar Q1 2024 results, signaling a promising trajectory for the company.

Biztellers reports that this is coming shortly after the company’s 63rd Annual General Meeting (AGM).

From the results made available on Thursday, the Group reported an impressive N2 billion in Profit before Tax (PBT), bolstered by robust growth in operating margins and operational efficiencies.

From the results, Profit After Tax (PAT) rose to N1.3 billion, marking a remarkable 332% increase from the N310 million recorded in Q1 2023.

The NGX claims that “This exceptional performance underscores the group’s unwavering commitment to excellence and strategic growth initiatives”.

Recall that at the AGM, the NGX Group announced plans to capitalize on digital distribution for the upcoming recapitalization exercises mandated by the Central Bank of Nigeria (CBN).

Additionally, the group disclosed a strategic acquisition of a stake in the Ethiopian Stock Exchange, securing a seat on the bourse’s board.

These decisive moves align with the group’s overarching strategy to expand its business operations and solidify its position in the regional market.

In a bid to secure long-term sustainability and drive growth, the NGX Group implemented a strategic optimization initiative. This comprehensive plan encompasses a strategic reduction in workforce size, accompanied by significant salary increases for retained staff.

The initiative aims to streamline operations, enhance efficiency, and optimize resources, fostering a more competitive and agile organization.

The exercise follows a thorough review of the group’s operations, which revealed opportunities for optimization and improved competitiveness. The NGX Group remains steadfast in its commitment to innovation, customer satisfaction, and building a resilient organization poised for sustainable growth.

The recent approval by shareholders of a N10 billion capital raise underscores investor confidence in the NGX Group’s strategic direction and its unwavering commitment to driving sustainable growth and value creation.

The NGX Group remains dedicated to serving its customers, partners, and stakeholders, confident that these strategic measures will pave the way for future success. The company’s focus remains on innovation, customer satisfaction, and building a resilient organization poised for growth.

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Premium 86-Room-Under-Bridge Apartment Uncovered At Ikoyi, Lagos

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The Lagos State government has uncovered an 86-room under bridge apartment in the Ikoyi Area of the state, where tenants pay as much as N250,000 annually as rent, per room.

Commissioner for Environment and Water Resources, Lagos State, Tokunbo Wahab, made the disclosure in text and video clips on his verified X handle on Wednesday.

He revealed that the apartment is under the Dolphin Estate Bridge, Ikoyi, and has 86 partitioned rooms, sized “10×10 and 12×10”.

According to Wahab the enforcement team of Lagos State’s Ministry of Environment and Water Resources had successfully removed all structures, including a container utilised for various illegal activities, from beneath the Dolphin Estate Bridge.

He wrote, “A total number of 86 rooms, partitioned into 10×10 and 12×10, and a container used for different illegal activities were discovered under the Dolphin Estate Bridge.

“They have all been removed by the enforcement team of the Lagos State Ministry of the Environment and Water Resources.”

A Special Adviser to Governor Babajide Sanwo-Olu, Kunle Rotimi-Akodu, shed more light on the matter.

He gave kudos to the Lagos State Environmental Sanitation Corps, also known as KAI for the feat, who cleared up the mess on Tuesday, arresting some of people in the process.

Rotimi-Akodu, who also shared text and video clips of the development, wrote, “Squatters dwelling under the bridge leading from inward Dolphin Estate, Ikoyi were evicted today Tuesday, 30th of April, 2024 by officials of the Lagos State Environmental Sanitation Corps LAGESC (aka KAI).

“These people created their illegal settlement under the bridge, thereby exposing the critical infrastructure to impending destruction. 23 persons have so far been arrested and MoE/KAI will continue to monitor the place. The law will take its course.”

He also confirmed that the bridge has hitherto housed 86 rooms, partitioned into 10×10 and 12×10 with squatters paying an average rent of N250,000 per annum.

“Continuation of the removal of abode under Dolphin bridge. 11 more persons were arrested. It is important to note that wood materials were used to construct the shelters, some occupants used gas cylinders, and some had stored fuel for their generators, these are recipes for disaster,” he added.

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