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Court dashes AMCON’s hope to Takeover Federal Secretariat, Ikoyi

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Justice Ibrahim Buba in a judgment delivered at the Federal High Court Sitting in Lagos on Wednesday, denied the Asset Management Corporation of Nigeria’s, (AMCON) bid to take over the land and property known as the Federal Secretariat Complex, in Ikoyi Lagos.

The Judge reiterated that the Federal Government of Nigeria and it’s agencies are bound to recognize an arbitral award rendered in Dec 2015, on the issue.

AMCON had sued businessman, Wale Babalakin, and his company, Resort International Ltd in Nov 2012 to seek an order for the repayment of a sum of N21bn which it claimed comprised principal sum and accrued interest on various loan facilities allegedly granted to them.

This had stalled development on the property known as the Federal Secretariat, Ikoyi.

Apart from seeking to take over the Federal Secretariat, AMCON had also sought an order of the court granting it the power of sale or disposal of a parcel of land known as Alma Beach property, and all the fuel hydrant tanks situated at the Domestic Wing of the Murtala Muhammed International Airport, owned by Wale Babalakin and allegedly given as security for the debt.

But in a counter-claim, Babalakin and his company contended that they are not indebted to AMCON but rather, a four billion Naira facility offered to the company is an equity contribution which was wrongly classified as a loan.

They, therefore, asked the court to set aside the purported loan for being inconsistent with the provisions of the AMCON Act (2010) as amended and the CBN guideline for the operations of AMCON and to declare same as illegal, null and void and of no effect whatsoever.

Mr Babalakin also contended that the publication of his name and that of other Directors of the company by AMCON in “a list of delinquent debtors” in relation to loan facilities is libelous and an affront to the judicial powers of the Court already saddled with deciding the case.

Justice Buba in his judgment today agreed with these arguments and dismissed the claims of the Federal Government and AMCON.

The court also awarded three billion naira in Babalakin’s favour for the libelous publication and ordered the Federal Government and AMCON to publish a full and complete retraction and apology to Babalakin and his company in three national dailies.

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Enugu: Mbah Approves N80,000 Minimum Wage for State, LG Workers and Primary School Teachers

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MBAG, ALGON and Minimum wage
L-R: Secretary, ALGON, Enugu State chapter, Hon. Uche Okolo; Vice Chairman, ALGON, Enugu State, Hon. Ferdinand Ukwueze; Chairman, ALGON, Hon. Okechukwu Edeh; Chairman, TUC, Enugu State, Comrade Ben Adogwa; Governor of Enugu State, Dr. Peter Mbah; Chairman, NLC, Enugu State, Comrade Fabian Nwigbo; Chairman, Joint Public Service Negotiating Council, Comrade Ezekiel Omeh; Chairman, NULGE, Enugu State, Comrade Udaya Ani and the Head of Service, Mr. Kenneth Ugwu, during the announcement of N80,000 new state minimum wage at the Government House, Enugu, Thursday.

It’s unprecedented to earn above minimum wage in Enugu- Labour

… We’ll commence implementation immediately- ALGON

Governor of Enugu State, Dr. Peter Mbah, has approved N80,000 minimum wage for the state’s work force, including local government workers, effective October 2024, noting a direct link between a motivated workforce and his administration’s vision of growing the state’s economy from $4.4bn to $30bn.

The new minimum wage covers all state employees, primary school teachers, and local government workers.

Organised labour has described the wage as unprecedented, as it was the first time that Enugu workers would be earning above the national minimum wage.

Mbah announced the new minimum wage on Thursday after a meeting with the Enugu State Minimum Wage Implementation Committee headed by the Head of Service, Kenneth Ugwu and labour leaders, including the state’s labour leaders.

Mbah said, “Few weeks ago, I inaugurated a committee with the responsibility to oversee the implementation of the New National Minimum Wage in Enugu State. Today, I’m happy to announce a new minimum wage for workers in Enugu State, reflecting our fidelity to their welfare, in regard of which we have been resolutely committed.

“We have approved the sum of N80,000 as the new minimum wage in Enugu State. This underscores our commitment to bequeathing lasting legacies of improved living conditions.

“Our commitment to improved workers’ welfare runs deep, and is rooted in the firm understanding of the inextricable link between an inspired workforce and the audacious economic targets we had set our sights on.

“We clearly understood that reducing poverty to the barest minimum and achieving an unprecedented economic growth target were contingent on the output of the workforce. Therefore, for us, the best way to acknowledge that labour creates wealth is by ensuring that the workforce, which creates the wealth that oils the wheel of government, is sufficiently motivated.

“We have similarly demonstrated our commitment to workers welfare through the consistent payment of the wage awards, a gesture we had pledged to sustain until a new wage structure took effect.”

Speaking, the Chairman of the Enugu State chapter of the Nigeria Labour Congress, NLC, Comrade Fabian Nwigbo, thanked governor Mbah for always prioritising the welfare of workers, describing the new minimum wage as “a great one for Enugu workers.”

 “In the past, when minimum wage is announced, it takes up to one or two years for anything to happen; and when it did, we took anything they gave us as we saw it.  But today, you have even given us something much higher than national minimum wage. 

“But I am not totally surprised because when other governors were paying N12,000 wage award, you were paying us N25,000. When others paid for some months and stopped, you continued paying it until the new minium wage as you promised. So, we have enjoyed wage award for 11 months and today you announced the minimum wage which is the first of its kind since my 32 years in service,” said.

Speaking to Government House correspondents, the Chairman of the Enugu State chapter of the Trade Union Congress, TUC, Comrade Ben Asogwa, said, “We are so happy. The governor did not just announce ₦80,000 minium wage, but said that it cascades down to even local government workers. He said that he does not want disparity in salary implementation in Enugu State anymore because we all go to the same market.

“This is the first time in history we are seeing the implementation of minimum wage above the approved amount by the federal government. Actually, when we entered into the negotiation, we were afraid because we know quite well that we are not among the states that share in dividends of oil money. We know quite well that we are at the back when it comes to federal allocation, but His Excellency actually surprised us.

“One thing we have seen is that he understands the impact of motivation on productivity. The governor has set a pace and we know that any other person coming after him will have the challenge to meet up with the target set by His Excellency, Governor Peter Mbah.”

On his part, Chairman of the Association of Local Government Workers, ALGON, Enugu State, Hon. Okechukwu Edeh, pledged the commitment of council chairmen to implementing the new minimum wage.

“When you motivate workers, they become more productive. What I am promising on behalf of the Enugu ALGON family is that we are going to cascade the new minimum wage to the local government level. Implementation begins immediately,” he said.

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Matawalle Brief President Tinubu on Security Situation in North-West

Minister commends Nigerian Military, reports SANDRA ANI

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Matawalle
President Tinubu (right) in a handshake with Minister Matawalle

The Honourable Minister of State for Defence, H.E. Dr. Bello Muhammed Matawalle, MON, briefed President H.E. Bola Ahmed Tinubu GCFR on the outcome of his two operational tours to Sokoto State 

Dr. Matawalle highlighted the significant successes recorded by the Nigerian Military in combating insecurity in the region, praising the dedication and professionalism of the Nigerian Military, particularly the Armed forces of Nigerian . “They will continue to play a critical role in safeguarding our nation,” he emphasized.

According to a statement signed by Henshaw Ogubike, director (Information and Public Relations), at the Ministry, the Minister eulogised  President Tinubu for his   Government’s commitment to providing necessary resources to maintain operational efficiency in countering security threats in the North-West. He also reaffirmed the government’s resolve to bolster NAF’s capacity as part of the strategic fight against insecurity in the region.

Dr. Matawalle’s operational visit to Sokoto State aimed to rekindle the people’s faith in the Federal Government’s efforts to restore peace and security in the North-West region. His presence, along with the Chief of Defence Staff and other military chiefs led to the elimination of many bandit leaders amongst whom is Halilu Buzu sububu. This  demonstrates the government’s determination to flush out bandits and terrorists.

The Minister called on residents of Sokoto, Zamfara, Katsina, and Kebbi states to remain vigilant and cooperate with security forces to ensure the success of ongoing operations.

President Bola Ahmed Tinubu was very pleased with his briefing and commended the Minister and the troops in their renewed vigour to eradicate insecurity in the North West and the country.

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Permanent Secretary of Defence Inaugurates PMS, ECM Core Teams

By Sandra Ani

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Permanent Secretary of Defence PMS team
The newly inaugurated Project Steering Committee and Project Implementation Technical Team for the Performance Management System (PMS) and the Enterprise Content Management of the Ministry of Defence

…Says MOD has the infrastructure to make both systems work effectively

The Permanent Secretary, Ministry of Defence Dr. Ibrahim Abubakar Kana, has inaugurated the Project Steering Committee and Project Implementation Technical Team for the Performance Management System (PMS) and the Enterprise Content Management of the Ministry of Defence with a charge on the members of both Committees to make the Ministry shine.

Permanent Secretary of Defence
Permanent Secretary, Ministry of Defence Dr. Ibrahim Abubakar Kana

Inaugurating the committee at the Ship house, Abuja, the Permanent Secretary said that the Ministry of Defence has the infrastructure and human resources that are experts to drive the process to success. “We have experts in the Ministry that can drive the process. We have Directors and Deputy- Directors from different departments who are experts and can help in cascading the processes down to other staff of the Ministry,” he said.

He therefore called on the Ministry’s Performance Management System (PMS) Champions to demonstrate unwavering commitment and excellence in driving service delivery and achieving set targets in line with the ministry’s mandate towards fulfilling the renewed hope agenda.

While he acknowledged that there might be initial hiccups, he charged the PMS Champions to be resilient in overcoming the initial challenges that may arise with the programme’s rollout and re-emphasized the need for a continuous  training. “In MOD, training is not going to be an issue. We can afford to be  organizing training on PMS and ECM every week.

Furthermore, Dr. Kana said that the PMS and ECM Champions are expected to lead the charge towards ensuring efficiency, productivity, and accountability across the Ministry, with the ultimate goal of achieving total compliance with government performance standards.

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