Day: July 5, 2019

Minimum wage: Disquiet over salary readjustment

admin

Federal Government’s plan to readjust salaries of those earning above the new minimum wage appears to be dragging it back to the trenches against organised labour, Sunday Ojeme reports The dust raised by the long battle between Federal Government and organized labour over minimum wage may be far from being settled months after the wage increase had been signed into law. The latest swirl is unfolding over the planned salary readjustment of those currently earning above minimum wage based on the approved N30,000. Initial conflicts Although President Muhammadu Buhari, while…

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Ecobank urges trainees to imbibe professionalism

Alade Jones

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has called on trainee bankers to imbibe the tenets of professionalism for them to excel in their banking career. Akinwuntan, who was speaking at the inauguration of the Entry Level Development Programme for graduate trainees at the Ecobank Academy in Lagos, enjoined the trainees to make deliberate effort to practice their assigned roles in line with the ethics of the profession. The Ecobank Entry Level Development Programme is an intensive 8-week medley of learning interventions for fresh graduates. It is targeted at equipping…

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Reps to prioritise passage of PIGB

Stella Ofiko

The 9th National Assembly will give priority to the passage of the Petroleum Industry Governance Bill (PIGB) in order to consolidate and reposition the oil and gas industry for the benefit of all Nigerians. Speaker, House of Representatives, Hon. Femi Gbajiabiamila, made this commitment during a visit by the outgoing Group Managing Director of the NNPC, Dr. Maikanti Baru, to introduce the incoming GMD, Mr. Mele Kyari, to the Speaker. A press release by the Group General Manager, Group Public Affairs Division of the Nigerian national Petroleum Corporation (NNPC), Mr. Ndu…

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NNPC targets incorporated joint venture model for growth

Stella Ofiko

As part of efforts to surmount cash-call challenges and put the upstream sector on a path of sustainable growth, the Nigerian National Petroleum Corporation (NNPC) is set to introduce the Incorporated Joint Venture (IJV) model to replace all the Joint Venture exploration and production projects.  This was disclosed by the Group Managing Director of the NNPC, Dr. Maikanti Baru, during the panel session at the Nigeria Oil and Gas (NOG) Conference in Abuja. A press release by the corporation’s Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, stated…

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