Month: December 2018

Wapic unveils unique travel insurance product

Esezobor John

Esezobor John Wapic Insurance Plc, today launched an innovative travel insurance product specifically designed to cover individuals against unforeseen incidents during international travels. The Chief Executive Officer of the frontline underwriting firm, Adeyinka Adekoya, at the launch in Lagos, said the product was unveiled after an extensive period of detailed review of consumer-detriment issues in travel insurance, stressing that the product was released to ensure better consumer protection during travel. She posited that the firm produced the product after thorough investigation and engagement with key stakeholders, adding that the company…

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New minimum wage: NECA seeks implementation by January 1

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Following the perceived silence on the proposed N30,000 new minimum wage, the Nigerian Employers’ Consultative Association (NECA) has called on the Federal Government to expedite action on it in order to commence its implementation by January 1, 2019, at the latest. Briefing the media yesterday in Lagos, the President of the association, Dr. Mohammed Yinusa, said since the process of arriving at a the New National Minimum Wage had culminated in the submission of the recommendations of the Tripartite Committee to the President, “we urge the Federal Government to expedite…

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USAID, Coca-Cola partner to improve water sanitation

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 The United States Agency for International Development (USAID) and Coca-Cola Foundation (TCCF) have commissioned a project to improve access to safe water and sanitation services for more than 44,800 persons in Abia and Cross River states respectively. The projects are being executed through their Water and Development Alliance (WADA) global partnership. They were implemented over a two-year period by Partners for Development (PfD), working closely with the state rural water agencies and four selected local government areas (LGAs. Under the USAID and Coca-Cola partnership, 40 boreholes have been drilled and…

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Stepping up agric insurance campaign

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About two weeks ago, the Federal Government bungled another opportunity to sell insurance to Nigerian farmers with the president skipping that aspect while promising farmers compensation over floods that ravaged their investment.   Having been devastated as a result of flood that destroyed their farmland and produce, the affected farmers and fishermen were assured by the Federal Government of compensation.   Presidential gaffe   While compensating the farmers is not out of place, the scenario, however, provided another unique opportunity for the government to talk extensively on the importance of…

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CPS: Male contributors maintain 59% dominance

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  Latest report by the National Pension Commission (PenCom) has revealed that male workers have continued to lead in their pension contributions under the new pension scheme, New Telegraph has learnt.   According to checks, the data, compiled by the commission as at September 30, 2018, shows that the male contributions to their Retirement Savings Accounts (RSAs) is 59 per cent higher than that of females.   While the number of male contributors stands at 5,846,166, that of the female c is 2,425,782. The total makes up the current figure…

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NDE: Youth development central to economic growth

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The Director General of the National Directorate of Employment (NDE), Dr Mohammed Labaran, has said that youth empowerment remains one of the major ingredients to economic development of any nation.   He spoke in Ilorin, Kwara State during an interactive meeting on the new strategy for the implementation of the Skills for Job Training Component of the Youth Employment and Social Support operation (YESSO).   The DG he said youth empowerment was important in the development agenda of the three tiers of government.   He said the strategy being deployed…

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Ganduje promises better deal for labour

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Governor of Kano State, Abdullahi Umar Ganduje has again expressed his willingness to pay N30, 600 as new minimum wage to workers in the state.   He said this in Kano during the inauguration of the Nigeria Labour Congress (NLC) executives for the 44 local government areas in the state.   The governor promised to continue working in harmony with labour oragnisations in the state for the benefit of the workers.   On his part, the Chairman, Kano state chapter of NLC, Comrade Kabiru Ado Minjibirn, however, advised the state…

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PENGASSAN tackles FG over urgent refinery repairs

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Oil workers under the auspices of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have once again called on the Federal Government to hurry up on the repairs of the nation’s refineries.   Making the call in Abuja, the President of the association, Comrade Francis Olabode Johnson, also warned against the planned sale of the refienries under any guise.   Johnson, while speaking at the 5th NNPC Group Executive Council (GEC) Triennial Delegates Conference,  according to a statement, said: “We strongly appeal to the Federal Government to hasten…

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ANAN praised for sustaining professionalism

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  The Association of National Accountants of Nigeria (ANAN) has been lauded for sustaining professionalism in service delivery over the years.   Deputy Governor of Lagos State, Idiat Adebule, made this commendation at the opening of the 6th Session of ANAN 2018 Mandatory Continuing Professional Development (MCPD) Programme in Lagos.   Represented by the Permanent Secretary, Office of the Deputy Governor, Yetunde Odeajayi,  Adebule identified with the association for helping to instill consciousness of probity and accountability in the minds of workers in both the public and private sectors.  …

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Group tasks FG on increased funding for agriculture

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The National Association of Nigerian Traders (NANT) has called on the Federal Government to increase funding and monitoring mechanisms of agricultural policies to create the much-needed impact on the populace.   President of the association, Mr Ken Ukaoha, said this at the joint sector review of Comprehensive Africa Agriculture Development Programme (CAADP) and National Agricultural Investment Plan (NAIP) stakeholders’ advocacy meeting in Abuja.   Commending the current government for putting up strategies to address the issues of agriculture in the country, he said CAADP was aimed at facilitating increased agricultural…

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