Labour Force

Bank of Transportation will Reduce Crime Rate– RTEAN

Published

4 years ago

August 25, 2020

Road Transport Employers’ Association of Nigeria (RTEAN) has vowed to reduce all sorts of crimes, especially thuggery and robbery, to the barest minimum, if the Federal Government creates a Bank of Transportation.

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The National chairman of RTEAN, Musa Muhammed made the promise while marking the 42nd anniversary of the establishment of the Association.

The chairman also said that with such innovation, there will be Creation of massive employment for youths who have gone into crime due to the rate of unemployment in the country and securing of loans would be easier for those in the industry. This, he said, will ease the rate of crime.

National chairman of RTEAN, Mr. Musa Muhammed, said: “To fight crime is to create massive employment for the teeming population of idle youths who have gone into crime because they are hopeless as there are no jobs. Our universities are turning out thousands of graduates and sending them to the streets in search of jobs. But if we have Bank of Transportation, like we have Bank of Industry and Cooperative Bank, we, in the transportation business, will be able to secure loans, buy aircraft, trucks, cars, buses and tricycles and give to jobless youths, especially graduates.

“Think of how many people that will work in an aircraft, how many people will work in buses, trucks and tricycles. We are in the business, so we understand how it works. For example, if we are able to access loans in our union and get 100,000 buses and distribute to our members, three persons will be working in each bus, two drivers and one conductor.

The first driver works from 5am to noon, another person works from 12noon to 8pm. The same thing is applicable to tricycles’ operation and trucks. If we do this consistently for years, we would have employed millions of people, especially graduates, who will be earning up to N80,000 monthly.

“Second, we would have also created more jobs for mechanics, panel beaters, vulcanizers, car washers and spare parts sellers. With such innovation, tell me if a serious youth who has a job would still go and be collecting N3,000 to go and fight as a thug for politicians. With Bank of Transportation, police and other security agencies will have little jobs.

“With the bank, there will be massive employment and the government will become popular, because we would have created enough employment for the youths. We are one of the strongest and most reliable job-creating organizations.

“ We are employers of drivers. We are employers, we own the vehicle and we employ the drivers who are members of the National Union of Road Transport Workers (NURTW).”

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Labour Force

Kogi Governor Approves Implementation of N30,000 Minimum Wage for workers

Published

2 years ago

February 16, 2022

GiftUgbede

Kogi Governor Approves Implementation of N30,000 Minimum Wage for workers

Kogi state governor, Yahaya Bello, has approved the implementation of N30,000 as minimum wage for the workers in the state.

The secretary to the state government, Folashade Ayoade disclosed this on Tuesday after an extensive meeting with the organized labour in Lokoja

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She blamed the delay in the implementation on the inability for the committee to meet regularly due to the covid-19 pandemic which has been overcome.

The SSG equally commended the organised labour for their understanding and patience, which she said has resulted into the signing of the implementation of the new minimum wage.

Labour Force

No Petrol Price Hike in June, Says FG

Published

3 years ago

May 21, 2021

GiftUgbede

The Federal Government on Friday said it would not increase petrol price in June despite the recommendation by the Nigeria Governors Forum that the cost of the commodity is increased.

A committee set up by the Nigeria Governor’s Forum had on Wednesday recommended a petrol price of between N408.5/litre and N380/litre, and also called for immediate removal of petrol subsidy.

However, in a statement issued and signed by the Minister of State for Petroleum Resources, Chief Timipre Sylva, in Abuja on Friday, the government ruled out the possibility of a hike in petrol price any time soon.

The minister guaranteed Nigerians that the cost of the commodity would remain the same at between N162/litre and N165/litre.

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Sylva said, “Once again it has become necessary to assure Nigerians that despite the huge burden of under-recovery, the Federal Government is not in a hurry to increase the price of Premium Motor Spirit (petrol) to reflect current market realities.

“The current price of petrol will be retained in the month of June until the ongoing engagement with organised labour is concluded.”

“This clarification becomes necessary in the light of recent reports regarding the resolution of the Nigeria Governors Forum to increase the pump price of petrol.” He added.

The minister stated that he would like to strongly urge petroleum products marketers, not to engage in any activity that could jeopardise the supply and distribution system in place.

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Labour Force

NIMC Calls for Reduced Public Panic

Published

3 years ago

December 18, 2020

GiftUgbede

The National Identity Management Commission (NIMC) on Thursday said that there is no cause for panic regarding the two weeks deadline for deactivation of subscribers identity module (sim) cards that are not linked with users’ national identity number (NIN).

The Commission explained that adequate arrangements have been made to capture the data of 200 million Nigerians within the next five years.

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It added that the steps taken so far to ensure that all subscribers have NIN in their sim cards are meant to address the security challenges facing the country.

The Commission also said the telecommunications operators would be involved in the exercise.

The Spokesman of NIMC, Kayode Adegoke said that government has approved licensing of over 200 institutions to carry out “enrolment of Nigerians and legal residents into the national identity database on behalf of the national identity management commission.”

Adegoke said the initiative was aimed at addressing the bottlenecks associated with the capturing of citizens data by NIMC.

He added that the method would increase the enrolment centres from the current 1,000 to 10,000 across the country.

He said the NIMC is desirous of scaling up its assignment to regulatory functions after the completion of the exercise.