Business
ASUP issues 14 days warning strike to Federal Government over demands

The Academic Staff Union of Polytechnics (ASUP) has asked Nigerian government to implement its outstanding demands.
It also threatened to embark on an indefinite strike from October 28, 2017 if government failed to give a positive response.
Issues ASUP want resolved include NEEDS Assessment for federal and state polytechnics at N652, 591, 478, 614 billion, Consolidated Tertiary Institution Salary Scale (CONTISS 15) N20billion and short fall in salaries as at December 2016 N2, 637, 161,000billion and earned academic allowance N3, 221,487,017billion;
Poor funding of public polytechnics as reflected in the unimplemented capital grants, withdrawals of allowances since 2016, shortfalls in personnel allocations as well as non funding of promotion exercises;
Dichotomy against HND holders, victimization of union officials, non release of check off dues, interference in union activities, non release of CONTISS 15 migration arrears, non release of visitation panel reports, delay in review of the Federal Polytechnics Act, non commencement of renegotiation of ASUP/FG agreement of 2010 and tardiness in appointment of rectors of federal polytechnics.
National President, Usman Dutse,disclosed that about 70 per cent of ASUP chapters voted for indefinite strike at just concluded National Executive Council (NEC) meeting held at Abia State Polytechnic.
He said the 14-day ultimatum issued the government took effect from October 9 to 28 (14 working days), adding that NEC expects the federal government to take action.
“Results of the referendum presented at NEC by the chapter chairmen indicated that majority voted for indefinite strike. We decided to give government another opportunity based on a letter from the ministry intervention committee”, he told Sun.
“For the federal government to allow the internal crisis at Federal Polytechnic, Bauchi and Kaduna Polytechnic to linger on for over three months is an indication of its contempt for polytechnic and technical education.
“NEC is worried about the situation and wants the issues resolved to allow for the reopening of the institutions”.
He explained that NEC also condemned the backlog of salaries owe its members in state polytechnics and asked what the state governors did with the two Paris refund money by the federal government.
“Our members in Oyo, Osun, Benue, Kogi, Abia, Edo and Bayelsa states are owed salaries between four to nine months.
“These state governors collected billions from two Paris Club refund recently, they ought to have used it to settle outstanding salaries of state workers.
“It is a shame that lectures in polytechnics are owed backlog of salaries. It is a reflection our commitment to polytechnic and technical education in the country.”
Dutse further revealed that NEC frowned at Ogun government’s plan to convert Moshood Abiola Polytechic (MAPOLY) to a university.
The ASUP boss said the governor should have established a new university rather than convert an existing polytechnic with over 16,000 students and about 1,500 staff.
“The purported establishment of new polytechnic at Ipokia was politically motivated”, he concluded.
Business
PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
*PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
To prevent any misunderstanding regarding our affiliation with the United Nations, we hereby provide a formal clarification on the status and identity of the United International Peace and Governance Council (UNIPGC), formerly known as IPGC.
UNIPGC is an independent Civil Society Organization and Non-Governmental Organization with continental chapters registered in the United States, Germany, Canada, and several countries across Africa. The organization is committed to promoting the values and principles of the United Nations, particularly in advancing Sustainable Development Goal 16 (Peace, Justice, and Strong Institutions), as well as advocating for good governance globally.
In furtherance of its mandate, UNIPGC has established partnerships with reputable diplomatic civil society organizations, including the United Nations Association of Nigeria and the United Nations Association of Ghana. These collaborations are aimed at strengthening its engagement with initiatives aligned with United Nations ideals.
Additionally, UNIPGC has entered into diplomatic relations with the International Organization for Economic Development (IOED), an Intergovernmental Organization (IGO), to enhance its capacity for international cooperation and diplomatic engagement.
We wish to clearly state that UNIPGC is **not** an entity, agency, or organ of the United Nations.
Members of the public and media practitioners are respectfully advised to refer to the organization by its full and correct name: **United International Peace and Governance Council (UNIPGC)**, and not as the United Nations.
Thank you.
Business
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz, one of Nigeria’s foremost comedy and live entertainment brands, is pleased to announce its official partnership with First Bank of Nigeria Limited for the highly anticipated Laffmattazz 2026 International Tour, themed “Next Chapter: A New Season of Laughter.”
Now in its 15th year, Laffmattazz—the brainchild of renowned Nigerian comedian Gbenga Adeyinka (Gbenga Adeyinka 1st)—has evolved into a cultural phenomenon, celebrated for its seamless fusion of comedy, music, and live stage performances.
The 2026 tour, which kicked off on Easter Sunday, April 5th, 2026 at the Jogor Centre, Ibadan, marks a significant milestone in the brand’s journey. Building on over a decade of success across Nigeria, this year’s edition signals a bold expansion into the international market, with a multi-city run in Canada, alongside major stops in Akure, Abeokuta, and Lagos.
This strategic partnership with First Bank of Nigeria Limited underscores a shared commitment to excellence and innovation. It is also aligned with FirstBank’s First@Arts initiative—a significant and ongoing program dedicated to supporting the creative arts, entertainment, and cultural sectors. Through this initiative, FirstBank provides financing, advisory services, and actively fosters a sustainable value chain for artists and creative entrepreneurs, while supporting key industry platforms such as the Nigerian Entertainment Conference.
Speaking on the collaboration, the Laffmattazz team stated:
“We are delighted to welcome First Bank of Nigeria Limited as a strategic partner for the Laffmattazz 2026 International Tour. As we mark 15 remarkable years of Laffmattazz, this partnership reinforces our vision to take premium Nigerian entertainment beyond borders, while delivering even bigger, better, and more memorable experiences for our audiences.”
As a key partner, First Bank will enrich the tour through innovative customer engagement initiatives, experiential activations, and exclusive fan experiences across all tour locations.
With its distinctive blend of humor, culture, and live entertainment, the Laffmattazz 2026 Tour is poised to connect audiences across cities and continents, bringing laughter to thousands of fans worldwide.
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About Laffmattazz
Laffmattazz is a premier Nigerian comedy and entertainment brand, now in its 15th year, renowned for its vibrant live shows and nationwide tours. Founded by Gbenga Adeyinka 1st, the brand continues to deliver high-quality experiences that celebrate creativity, culture, and laughter.
About First Bank of Nigeria Limited
First Bank of Nigeria Limited is Nigeria’s oldest financial institution, widely respected for its legacy of trust, innovation, and customer-centric financial solutions that support economic growth and development. Through its First@Arts initiative, the Bank continues to play a pivotal role in empowering the creative industry and driving sustainable growth across the sector.
Business
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
Anyone who has tried to get a loan to buy a house in Nigeria knows the drill: endless forms, property valuation, and eventual down payment of a minimum 25% or more on the property. Sometimes, interest rates could go as high as 30% per annum, while the typical loan limit is N50 million.
Now, FirstBank is making homeownership more attractive.
FirstBank, in partnership with the Ministry of Finance Incorporated (MOFI), has introduced the MREIF Home Loan. MREIF loan is a game-changer, offering a single-digit interest rate of 9.75% per annum, with a loan amount of up to ₦100 million and a repayment period of up to 20 years. This is perfect for salaried individuals, including Nigerians in the diaspora, looking to purchase homes in approved locations.
The MREIF loan stands out with its lower interest rate, higher loan amount, and flexible equity contribution as low as 10%. This makes it an attractive option for those seeking affordable homeownership.
You are one quick decision away from being a landlord.
If you’ve been waiting for the right time to buy a home, FirstBank’s MREIF Home Loan is the smartest route to owning property in Nigeria today. Visit the FirstBank website https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/ to get started.
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