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NECA raises concerns over central bank’s directive to banks on lending

The Nigeria Employers’ Consultative Association (NECA), has raised concerns over the Central Bank of Nigeria’s (CBN) directive to banks on lending, saying it could pose a risk to financial stability.
Closed Nigerian border without any activity

NECA reacts to federal government’s border closure extension

Nigeria Employers’ Consultative Association (NECA) has expressed concerns over the announcement extending the time for border closure.
Timothy Olawale - Nigeria Employers’ Consultative Association (NECA)

NECA express reservations concerning 2020 Budget

Nigeria Employers Consultative Association, NECA, yesterday critically appraised the 2020 national budget presented before the Joint session of the National Assembly, on October 8, and expressed reservations over its intentions.

Cashless policy: Regulators, business community set for nationwide rollout

Baring any last minute disruptions in the implementation guidelines, Nigeria’s cashless Policy piloted by the Central Bank of Nigeria (CBN) would go live nationwide from March 31, 2020, after about eight years of clinical trials of its pilot phase.
Timothy Olawale - Nigeria Employers’ Consultative Association (NECA)

Toll gate: NECA calls for caution, efficient policy

The Nigeria Employers’ Consultative Association (NECA) has called on the Federal Government to put in place an efficient policy before returning toll gates on federal roads.

NECA, PenCom task employers on compliance with CPS

The Nigeria Employers Consultative Association (NECA) has urged employers of labour to comply with provision of the Pension Act and ensure they remit to the Contributory Pension Scheme (CPS).

NSITF institutes safe workplace intervention project

The Nigeria Social Insurance Trust Fund (NSITF), in collaboration with the Nigeria Employers Consultative Association (NECA), has Instituted a Safe Workplace Intervention Project (SWIP), to minimise the rate of industrial accidents and promote a safe workplace.

7.2% VAT: Federal government to make N2 trillion in 2020

The Federal Government of Nigeria is expected to generate not less than N2 trillion into the coffers in 2020 when he Value Added Tax (VAT) recently increased to 7.2 percent is implemented.
Timothy Olawale - Nigeria Employers’ Consultative Association (NECA)

NECA: 7.2% VAT will render new minimum wage useless

The Nigeria Employers’ Consultative Association has said the implementation of the 7.2 per cent Value Added Tax approved by the Federal Executive Council will make nonsense of the recent increase in minimum wage.

NIMN issues deadline for unregistered marketers, pledges mentorship for young practitioners

The National Institute of Marketing of Nigeria (NIMN) has said marketers in the country who are to comply with the National Institute of Marketing of Nigeria ACT, 2003 Act No. 25, which makes it illegal to practice marketing without being a registered member of the NIMN should do so by August-end or risk being dragged to court.
President of the Nigeria Labour Congress (NLC), Mr Ayuba Wabba

Ayuba Wabba: Youth unemployment a time bomb

President of the Nigeria Labour Congress (NLC), Comrade Ayuba Wabba said on Thursday that global youth unemployment is a time bomb that needs to be addressed by all if the world was to live in peace.

NECA: Employment crisis major cause of rising poverty

Without doubt, there is a direct correlation between poverty and unemployment as poverty is naturally one of the consequences of unemployment.”
Timothy Olawale - Nigeria Employers’ Consultative Association (NECA)

NECA: Signing of AfCFTA an error

The raging controversies over the signing of African Continental Free Trade Area Agreement by President Muhammadu Buhari got another big voice on Wednesday in person of the Director-General of Nigeria Employers’ Consultative Association (NECA), Mr Timothy Olawale.
This picture taken on Tuesday, July 17, shows trucks completely blocking a section of the Oshodi-Apapa Expressway at Second Rainbow inward Mile 2, and commercial buses driving against traffic.

OPS: Nigeria loses N6 trillion to Apapa gridlock

The Organised Private Sector (OPS) said Nigeria had lost about N6 trillion across the different sectors due to the Apapa gridlock and called for urgent infrastructure development at the Lagos ports.
Timothy Olawale - Nigeria Employers’ Consultative Association (NECA)

NECA cautions state governments on VAT increase

Against the backdrop of President Muhammadu Buhari’s advice to state governments to increase Value Added Tax (VAT) in an attempt to increase their revenue, the organised private sector (OPS) has tasked the states to enlighten the masses.
Special Adviser to President on Micro, Small and Medium Enterprises (MSMEs), Mr Tola Johnson (Middle) during a press briefing on MSMEs in Abuja.

Presidential aide lauds NAFDAC for suspending MSMEs tariff hike

Mr Tola Johnson, a Presidential Aide, has commended the National Agency for Food and Drug Control (NAFDAC) for suspending its recent hike of tariffs of Micro, Small and Medium Enterprises (MSMEs).

SEC’s abuse of power negatively impacts Oando’s employees, board of directors

In the Oando versus the Securities and Exchange Commission (SEC) crisis it seems the SECs strategy is to use silent warfare and third parties to achieve one objective - the destruction of Oando PLC.
Austin Enejamo-Isire

Presidency: Austin Enejamo-Isire is NSITF board chairman

The Presidency says Mr Austin Enejamo-Isire is the authentic Chairman of the Board of Directors, Nigeria Social Insurance Trust Fund (NSITF), and will be inaugurated at Banquet Hall of the Presidential Villa, Abuja, on Monday.

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Bauchi government commences public hearing on proposed 2020 budget

Bauchi State Government has commenced a Public Hearing on the proposed 2020 budget in which critical stakeholders were involved as participants.
People hold their mobile phones as they gather to pray for the students who are barricaded inside Hong Kong Polytechnic University campus at Salisbury garden in Tsim Sha Tsui district of Hong Kong on November 19, 2019. – A dwindling number of exhausted pro-democracy protesters barricaded inside the Hong Kong university defied warnings on November 19 to surrender, as a police siege of the campus stretched through the third day and China sent fresh signals that its patience with nearly six months of unrest was running out. (Photo by YE AUNG THU / AFP)

US Senate passes Hong Kong rights bill, angering China

The US Senate unanimously adopted legislation Tuesday supporting “human rights and democracy” in Hong Kong and threatening to revoke its special economic status, angering China which promptly summoned a US diplomat and threatened countermeasures.
Abubakar Malami

$9.6 billion: Federal government sacks UK legal team

The Attorney-General of the Federation, Abubakar Malami (SAN), has dismissed the entire English legal team less than one week to the deadline given by the United Kingdom Commercial Court against Nigeria to pay US$ 200 million as a condition for a stay on the enforcement of judgement granted the Process and Industrial Development.