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Timothy Olawale

NECA’s Director-General, Mr Timothy Olawale, who made the call on Tuesday in Lagos, called for more specific and direct business sustainability schemes, to save the private sector.

NECA calls for urgent economic recovery effort

The Nigeria Employers Consultative Association (NECA) has called for urgent economic recovery effort in view of the Gross Domestic Product (GDP) data released by the National Bureau of Statistics (NBS).
Dr Chris Ngige, Minister of Labour and Employment said this while fielding questions on television concerning the time for payment of the new wage.

Minister challenges media on reportage of child labour issues

The Minister of Labour and Employment, Dr Chris Ngige, on Monday, challenged the media to focus more on reporting child labour issues with a view to eliminating the practice in the country.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

NECA: Central bank’s adjustment of Naira rate’ll cause inflation

The Nigeria Employers’ Consultative Association (NECA) has said the Central Bank of Nigeria’s adjustment of naira exchange rate from N360/dollar to N380/dollar at the Secondary Market Intervention Sales (SMIS) will result in inflation.
Dr Chris Ngige, Minister of Labour and Employment said this while fielding questions on television concerning the time for payment of the new wage.

Minister: Suspension of NSITF top management followed due process

The Minister of Labour and Employment, Senator Chris Ngige, on Saturday told the Nigeria Employers Consultative Association, NECA, that the suspension of the Managing Director of the Nigeria Social Insurance Trust Fund, NSITF, Adebayo Somefun, and other top management staff followed due process.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Analysts welcome reduction of lending rate by central bank

Financial analysts on Friday said the reduction of the monetary policy rate from 13.5 to 12.5 per cent, as announced by the Central Bank of Nigeria would expand the level of output in the economy and to some extent address inflation trend occasioned by the COVID- 19.

NECA accuses Customs of killing import, export businesses

The Nigeria Employers Consultative Association, NECA, has accused the Nigeria Customs Services, NCS, of the “frequent obstruction” caused by men and officers of the agency, a development, stating that the situation is hindering the Ease of Doing Business policy of the Federal Government.
NECA’s Director-General, Mr Timothy Olawale, who made the call on Tuesday in Lagos, called for more specific and direct business sustainability schemes, to save the private sector.

2020 budget: OPS backs proposed $20 oil price benchmark

Members of the organised private sector (OPS) and some analysts have hailed the plan by the federal government to further review downward the oil price benchmark in the 2020 budget to $20 per barrel.
NECA’s Director-General, Mr Timothy Olawale, who made the call on Tuesday in Lagos, called for more specific and direct business sustainability schemes, to save the private sector.

NECA lauds federal government for easing lockdown

The Nigeria Employers’ Consultative Association (NECA) on Wednesday commended the Federal Government for gradually winding down lockdown in Lagos, Ogun and FCT, to enable businesses come back to life after four weeks of total lockdown.
NECA’s Director-General, Mr Timothy Olawale, who made the call on Tuesday in Lagos, called for more specific and direct business sustainability schemes, to save the private sector.

Private sector, labour call for guided relaxation of lockdown to save economy

Organised Private Sector, OPS; Nigeria Labour Congress, NLC, and its United Labour Congress of Nigeria, ULC, counterpart, have agreed that there is need for guided relaxation of the COVID-19 lockdown.
NECA’s Director-General, Mr Timothy Olawale, who made the call on Tuesday in Lagos, called for more specific and direct business sustainability schemes, to save the private sector.

NECA calls for more stimulus to businesses for sustainability, jobs protection

The Nigeria Employers’ Consultative Association (NECA) has urged the Federal Government to take more decisive action on stimulus to businesses for sustainability and protection of jobs.
NECA’s Director-General, Mr Timothy Olawale, who made the call on Tuesday in Lagos, called for more specific and direct business sustainability schemes, to save the private sector.

Lockdown: NECA offers free online entrepreneurship courses

The Nigeria Employers’ Consultative Association (NECA) says it is offering the general public six weeks free entrepreneurship courses, beginning from April.
NECA’s Director-General, Mr Timothy Olawale, who made the call on Tuesday in Lagos, called for more specific and direct business sustainability schemes, to save the private sector.

NECA urges support for businesses

The Nigeria Employers’ Consultative Association has advised governments to urgently accord businesses more structured and specific support, to enable them to stay afloat and reduce the impact of Coronavirus on them.
Timothy Olawale - Nigeria Employers’ Consultative Association (NECA)

NECA suggests two weeks holiday for private sector non-essential staff

Nigeria Employers Consultative Association, NECA, has advised private sector operators staff in non essential operations to proceed on two weeks leave, among other strategies to stop the spread of the corona virus, COVID-19.
Timothy Olawale - Nigeria Employers’ Consultative Association (NECA)

NECA restrains House of Reps from criminalising casualisation

The Nigeria Employers Consultative Association (NECA) has described the attempt of the House of Representatives to amend the Labour Act by inserting a clause criminalising casualisation at the workplace and regulating the practice of outsourcing as premature.

NECA hails CBN for reversal of ‘crippling policy’ on milk industry

The Nigeria Employers’ Consultative Association (NECA) has commended the Central Bank of Nigeria (CBN) for exempting six companies from restriction on milk and dairy products importation.
Timothy Olawale - Nigeria Employers’ Consultative Association (NECA)

2020: NECA advocates synergy between fiscal, monetary policies

As part of its expectations for 2020, the Nigeria Employers’ Consultative Association (NECA) has called for synergy between the fiscal and monetary policies of the Federal Government.

Yuletide: Prices of yam, others increase by 7.8 percent

Prices of four food items including tomatoes, yam, rice, agric eggs and local eggs increased by 7.8 per in November data from the National Bureau of Statistics have shown.
Along with Benin, Niger, which shares a 1,500-kilometre (900-mile) border with Nigeria, has been badly hit by the closure of Nigeria’s border.

Border closure: Businesses’ll continue to suffer – OPS

As the Federal Government says there is no terminal date for the reopening of the borders with its West African neighbours, the organised private sectors have said that exporters and businesses will continue to suffer.

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A fuel tanker on Wednesday morning caught fire on the busy Magboro section of the Lagos-Ibadan Expressway.

Fuel tanker catches fire on Lagos-Ibadan expressway

Newsmen gathered that the incident happened around 06 am. The fuel being conveyed by the tanker had spilled to the other side of the expressway – leading inward to Lagos.

JAMB to conduct NIS, NSCDC recruitment test December 7

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#EndSARS: How police officers shot my son dead in my presence – woman

The National Human Rights Commission panel investigating allegations of human rights violations against the disbanded Special Anti-Robbery Squad (SARS) heard on Tuesday in Abuja how policemen in Rivers killed a young man in the presence of his mother.

Kano: Kwankwasiyya group has no platform to contest council polls – official

Kano State government says the Kwankwasiyya movement’s claim to have withdrawn from the forthcoming local government elections in the state is nothing but a face-saving scheme, considering that it has no platform to partake in the January local government polls.