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NLC, TUC Strike Unwarranted; An Attempt To Blackmail FG – Presidency

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The Presidency, on Tuesday, criticised the nationwide strike of the Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) as “unwarranted”, arguing it is an attempt to blackmail the government.

The Special Adviser to the President on Information and Strategy, Bayo Onanuga, in a statement, expressed dismay that the strike proceeded, despite a restriction order by the National Industrial Court.

“This decision by the NLC and TUC other than being an ego tripping move is clearly unwarranted. It is an attempt to blackmail the government by the leadership of the NLC,” the statement said.

“We are still at a loss as to why the NLC and TUC decided to punish a whole country of over 200million people over a personal matter involving the NLC President, Mr. Joe Ajaero, whose error of judgment led to assault on him in Owerri while he was planning to incite the workers in Imo State into a needless strike.”

See the full statement below:

STATE HOUSE PRESS STATEMENT

NLC/TUC STRIKE ACTION NOT IN NATIONAL INTEREST

We notice with dismay the decision by the Nigerian Labour Congress and Trade Union Congress to call out workers to commence a strike action from midnight, despite a restraining order issued last week by Justice Benedict Backwash Kanyip of the National Industrial Court.

This decision by the NLC and TUC other than being an ego tripping move is clearly unwarranted. It is an attempt to blackmail the government by the leadership of the NLC.

We are still at a loss as to why the NLC and TUC decided to punish a whole country of over 200million people over a personal matter involving the NLC President, Mr. Joe Ajaero, whose error of judgment led to assault on him in Owerri while he was planning to incite the workers in Imo State into a needless strike.

While the Federal government does not condone any form of violence and assault on any citizen of Nigeria regardless of his or her social and economic status, it is on record that the Inspector General of Police has ordered investigation into what happened to Mr. Ajaero while the Commissioner of Police in Imo State under whose watch the incident happened has been transferred out of the state.

Calling out workers on a national strike over a personal issue of a labour leader despite a clear court order against any industrial action amounts to an abuse of privilege. Power at any level should never be used to settle personal scores. Rather, it should be used to promote collective progress and advance national interest.

Our national economy and social activities should not suffer because of the personal interest of any labour leader.

This flagrant disobedience to court order and lack of respect for the judiciary should not be what the organised Labour would champion.

The labour movement has always been a champion of rule of law and respect for the judiciary. It is a sad irony that the current labour leaders have shown disdain and utter disregard for court order.

We reiterate that this strike action is illegal, immoral, unjustifiable and irresponsible. What the strike notice issued Monday night after official hours suggests is it’s designed for a sinister and hidden agenda to cause undue hardship and cause civil disturbance in our country. This is unacceptable.

Bayo Onanuga
Special Adviser to the President on Information & Strategy

November 13, 2023

Press Release

ACAMB Mourns Transition Of Abdul Imoyo Its Esteemed Publicity Secretary

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The Association of Corporate & Marketing Communications Professionals in Banks in Nigeria (ACAMB) is deeply saddened to announce the passing of its esteemed Publicity Secretary, Mr. Abdul Kolawole Imoyo.

Mr. Imoyo, a highly regarded corporate media manager and Journalist, breathed his last in the early hours of Sunday, December 17, 2023, at First Cardiology, Ikoyi, Lagos, after a brief illness.

In a statement signed by ACAMB’s President, Rasheed Bolarinwa, on behalf of the Executive Committee and entire members of Association, it says until his untimely demise, Mr. Imoyo served as the Head of Media Relations at Access Holdings, “where he contributed significantly to the financial group’s communication strategies and public image.”

Quoting a heartfelt statement earlier released by Tunde Imoyo, representing the Imoyo family, it was expressed, “It is with deepest sorrow that we inform you of the death of our beloved husband, father, brother, and uncle, Abdul Kolawole Imoyo, who departed to be with the Lord in the early hours of December 17, 2023, after a brief illness. We are taking some time as a family to grieve over our loss at this time. We thank you for your prayers and support.”

Mr. Imoyo was known for his dedication, professionalism, and unwavering commitment to excellence in the field of corporate communications. His contributions to ACAMB and the broader corporate landscape, will be remembered and celebrated by colleagues, associates, and the entire banking community.

With nostalgia, the Association recalls that late Imoyo played active roles in cementing the bonds of relationship between ACAMB and other industry Bodies  like FICAN, CAMCAN, etc) while he was in the Media. That he emerged the Publicity Secretary of the current ACAMB Exco was in recognition of his amiable traits, needed to wedge the critical stakeholders in the industry”

ACAMB extends its deepest condolences to the Imoyo family and Access Holdings Group during this difficult time and expresses gratitude for Mr. Imoyo’s invaluable service to the Association and the corporate sector at large.

The funeral arrangements and memorial service details from the Imoyo family will be communicated at a later date. In the meantime, the Association of Corporate & Marketing Communications Professionals in Banks requests that the privacy of the Imoyo family be respected as they mourn the loss of their beloved member.

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Press Release

Union Bank Pledges Improved Access to Capital for Small Businesses at BusinessDay 100 SME Conference

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Foremost financial institution, Union Bank of Nigeria, has reiterated its commitment to providing easy access to capital for Small and Medium-sized Enterprises in the country to boost the growth and profitability of the sector.

This assertion was made at the 2023 edition of the ‘Top 100 Fastest Growing SMEs in Nigeria’ conference recently hosted by Business Day newspaper.

The event, ‘Accelerating growth for SMEs in an era of uncertainty,’ brought together industry experts, small business owners, policymakers, and other stakeholders in the SME sector to evaluate and spotlight the activities of SMEs in Nigeria.

The well-attended conference included different panel sessions with discussions centered on many issues related to the development of SMEs in Nigeria.

Speaking at the Raising Finance for SMEs panel, Gloria Omereonye, Area Business Executive, Union Bank, shared insights on how SMEs can be supported to access finance.

According to her:
“Access to timely and adequate capital is a major need for small businesses. Creating hassle-free, seamless, and technologically innovative processes for SMEs to receive loans is a big relief for businesses looking to develop and grow their enterprises quickly. At Union Bank, we are always keen to collaborate and support entrepreneurs looking to scale up their small ventures.”

Union Bank is pleased to continue to associate with the Business Day 100 SME Conference, a platform that seeks to showcase the contributions of small and medium-sized enterprises crucial to developing the Nigerian economy.

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Press Release

Polaris Bank deepens promotion of SMEs in Nigeria, Sponsors 2023 Year End Fashion Souk with Eventful 

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Polaris Bank, Nigeria’s Leading Digital Retail Bank, in partnership with Eventful Limited will host the 2023 season end edition of The Fashion Souk 9.0 scheduled to hold at the Harbour Point, Victoria Island, Lagos on Saturday, December 2nd and Sunday, December 3rd. 

The Fashion Souk is Nigeria’s premier marketplace where smart Small and Medium-sized Enterprises (SMEs) in the fashion industry gather to display and market their diverse goods and services to a large audience.

With its extensive collection of fashion-related SMEs, The Fashion Souk stands as the largest congregation of such businesses in Nigeria to date. The event will primarily focus on four thriving industries: manufacturers, leather, retailers, and jewelry & accessories.

Over 140 established SMEs in Nigeria’s fashion industry, leather, and jewelry/accessories sectors, spanning across manufacturers, retailers, and dealers, will participate in The Fashion Souk 9.0. This incredible platform provides these businesses with an unparalleled opportunity to exhibit their creativity, product lines, and unique offerings to a discerning audience.

The Fashion Souk promises to be a memorable event that showcases the rich diversity, talent, and innovation within Nigeria’s fashion industry where attendees and shoppers can expect an immersive experience, with an array of unique products, inspiring fashion shows, and networking opportunities with industry experts.

In line with its SME focus and commitment, Polaris Bank has partnered and supported businesses in critical sectors of the Nigerian economy including; health, education, manufacturing, agriculture, export, and others. The Bank has advanced credits to these sectors for acquisition of medical equipment, machines, distribution, and logistics of medical products; laboratory equipment, stationaries, furniture, classrooms, school bus; working capital for businesses, expansion, etc.

BusinessDay in a November 2022 article valued Sub-Saharan fashion market at $31billion, with Nigeria accounting for 15 percent to the total regional market; while Statista put the value of the global fashion industry in 2022 at $1.53trillion, with revenue forecast to increase in 2023, to more than $1.7trillion.

Polaris Bank was adjudged Nigeria’s Digital Bank of the Year in 2023, 2022 and 2021 in Business Day’s Banks and Other Financial Institutions (BAFI) Awards. It also emerged as the Nigeria’s Best MSME Bank of the Year because of its ability to use technology to enable bottom-up support to the MSME sector.

Polaris Bank was adjudged Nigeria’s Digital Bank of the Year in 2023, 2022 and 2021 in Business Day’s Banks and Other Financial Institutions (BAFI) Awards. It also emerged as the Nigeria’s MSME Bank of the Year because of its ability to use technology to enable bottom-up support to the MSME sector.

As a digital-forward Bank, Polaris Bank is dedicated to forging a customer-focused future through innovative partnerships that reshape both businesses and communities.

 

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