news

MAY DAY: LAGOS HAS ENJOYED FOUR YEARS OF SUSTAINED INDUSTRIAL HARMONY- AMBODE

Published

7 years ago

May 1, 2019

Sahara Weekly

…Thanks Labour Unions For Cooperation, Support

…Ambode, One OF Nigeria’s Most Labour-Friendly Governors, Says Labour Leaders

Lagos State Governor, Mr. Akinwunmi Ambode on Wednesday joined thousands of workers to commemorate the 2019 edition of the May Day celebration, commending labour unions for their understanding and cooperation in the last four years that ensured the State did not witness any industrial action.

Governor Ambode, who spoke at the May Day Rally, held at the Agege Stadium, Lagos with the theme, “Another 100 Years of Jobs, Dignity and Social Justice in Nigeria”, attributed the industrial harmony and peace in the State to the maturity and cooperation of the labour unions, applauded them for adopting alternative dispute resolution mechanisms rather than resort to industrial actions.

Represented by the Commissioner for Physical Planning and Urban Development, Mr. Rotimi Ogunleye, the Governor said his administration since inception in May 2015, prioritised workers welfare and worked closely with union leaders to address policy and infrastructural issues, which according to him were the bane of effectiveness and efficiency of workers in the State.

“Having devoted myself to these objectives for the past four years and, having worked with you all, I am glad to say that it has been a pleasure to be your partner on this journey. I am proud of what we have accomplished together, and I am grateful for the cooperation and support that you have given me.

“Indeed, I am pleased that together, we have given the people of Lagos State four productive years of sustained industrial harmony. This is, perhaps, the longest period of such in the modern history of our State and this was made possible by the culture of mutual respect and understanding we nurtured and deployed.

“The culture of openness, mutual respect and frank discussions that marked our relationship with labour and the resulting period of industrial harmony allowed the government to initiate and implement programmes and policies that have resulted in immediate and long-lasting tangible values to the workers, the State government, and the good people of Lagos State,” the Governor said.

The Governor said aside regular trainings and seminars that workers in the State were exposed to, the State Government embarked on a successful campaign of reorientation in the public service to enable workers embrace the Growth Mindset in place of the hitherto limiting Fixed Mindset that pervaded the public service.

He said that conscious efforts was also made by his administration to meet the pension obligations and reduce outstanding payments, while expanding programmes geared towards providing social safety nets to the aged and retired officers of the public service.

“Very importantly, our administration concluded the review of the State’s pension law by signing the amended Lagos State Pension Reform Law in the first quarter of Year 2019. This amendment, among others, increased the government’s pension contribution from 7.5 per cent to 10 per cent. This is a legacy that we are proud to bequeath to the hardworking officers of the Lagos State Public Service,” the Governor said.

Noting that the theme of this year’s celebration was apt and projecting into the future ahead, Governor Ambode said he was confident that the labour union movement in Nigeria was marching forward with optimism and clear focus on the fundamental values and pillars of the labour movement.

“Indeed, the labour movement in Nigeria has come a long way and yet it remains on the right path, focusing on the values that are of utmost importance to the society and the economy.

“This theme is in line with the Federal Government’s focus on job creation, promoting entrepreneurship and creating an enabling environment for businesses to thrive. Jobs are important because they create further wealth and provide the purchasing power that enables the producers of wealth to continue to produce wealth and value.

“Dignity for workers is essential because it rewards those who diligently and laboriously apply themselves to the everyday work of creating value and earning a living with respect and social recognition. Finally, social justice is the only recipe for true peace and harmony in any society,” he said.

Besides, the Governor urged all stakeholders to see the occasion as a time to rededicate to job creation, stable work place, equality of all workers, dignity in labour and social justice, adding that the society must begin to honour, respect, and reward labour and not wealth.

In his remarks, Chairman, Trade Union Congress (TUC), Lagos State Chapter, Comrade Francis Ogunremi commended Governor Ambode for his commitment to workers welfare in the last four years especially in areas of prompt payment of salary, allowances and timely remittance of workers’ pensions, describing him as one of the most labour-friendly Governors.

He also lauded the various initiatives of the Governor in key sectors including massive road projects, solving traffic challenges especially launching of Traffic Information System, repositioning of State Emergency Agency, scaling up security architecture of the State, construction of Safety Arena, Health Insurance Scheme, among others.

Also speaking, Lagos State Chairman of Nigeria Labour Congress (NLC), Comrade Sessi Agnes Funmi commended Governor Ambode for his excellent performance, saying the efforts made so far by the Governor remained a challenge for other State Governors to strive harder to achieve.

She, however, warned the Federal Government to completely drop the idea of increasing the Value Added Tax (VAT) as a means of funding the 2019 budget.

news

FCMB Limits Exposure in Fraud Attempt

Published

2 weeks ago

March 28, 2026

Sahara Weekly

More than ₦3 billion was targeted, but about ₦677 million reached the culprits, with recovery and prosecutions underway, reflecting how banks are responding to more sophisticated fraud risks.

Nigeria’s expanding digital banking sector is facing increasingly sophisticated fraud attempts, as financial institutions adapt to faster transactions and broader online services.

A recent case involving First City Monument Bank (FCMB), linked to fraudulent activity detected in December 2025, has drawn attention to how banks are responding to such incidents, with a focus on limiting exposure, recovering funds and working with law enforcement.

According to findings referenced in proceedings before the Lagos State Special Offences Court, the incident involved unauthorised transactions tied to a digital product. Early reports erroneously suggested more than ₦3 billion was lost. Subsequent clarification shows that over ₦3 billion was targeted, ₦2.4 billion was blocked and recovered, while ₦677 million got into the possession of the culprits. This outcome reflects the bank’s cyber security and monitoring capabilities, as well as improved collaboration among regulated financial institutions and with law enforcement agencies. Several suspects and beneficiaries have been apprehended, while recovery and prosecution efforts are ongoing, led by the Economic and Financial Crimes Commission (EFCC).

Proceedings at the Lagos State Special Offences Court have resulted in convictions, including that of a repeat offender, with restitution orders issued. Related matters are also being handled at the Federal High Court in Lagos, where additional suspects are being tried in connection with the scheme. This process is aimed at ensuring that bad actors are identified and permanently blacklisted from the financial system.

Authorities say recovery efforts are continuing as additional funds are traced.

Analysts note that the pace of legal action reflects closer coordination between financial institutions and enforcement agencies in addressing cyber-related financial crime.

The case comes as banks contend with more complex fraud methods, including social engineering and automated exploitation of system processes.

As digital products and platforms expand, so too does the risk associated with cyber-crime and related fraud.

“The scale of digital banking means risks are evolving alongside the systems,” said a Lagos-based financial analyst. “Institutions are now judged by how they manage these events.”

Observers say the sector is moving toward a stronger focus on response and recovery, rather than prevention alone.

This includes improving monitoring capabilities, strengthening transaction controls and enhancing collaboration with regulators and law enforcement. The FCMB case, with limited exposure relative to the amount targeted and ongoing recovery, reflects that shift.

For customers, the primary concern is the safety of their funds. In this case, there has been no indication of losses affecting customer deposits. Maintaining that level of protection remains central to sustaining trust in the financial system.

Nigeria’s financial sector continues to grow, supported by digital innovation and expanding access to banking services.

However, analysts say fraud attempts are likely to persist as systems become more complex and interconnected.

They say institutions will increasingly be judged not only on their ability to prevent incidents, but on how effectively they respond and recover when they occur.

news

Ex-APC Deputy Guber flag bearer, Joshua MacIver backs Tinubu, express fears over implosion in Bayelsa APC

Published

3 weeks ago

March 21, 2026

Sahara Weekly

….congratulates new State Party Chairman, Warman Ogoriba

APC Deputy Governorship Candidate in the 2023 general elections in Bayelsa State, Great Joshua MacIver has declared his total commitment to the re-election of President Bola Tinubu come 2027, declaring that the Tinubu re-election project is non-negotiable.

Great Joshua MacIver, in his statement titled ” BAYELSA APC CONGRESSES: GOING FORWARD, A CALL TO LOOK INWARDS” and made available to newsmen in Yenagoa, warned APC leaders in the state to look Inward and take note of certain factors which may hinder or cut short our victory.

According to Great Joshua MacIver, such noticeable pitfalls include the imbalance in the united front being put up by the State Governor,Senator Douye Diri among various political blocs in the state.

In the statement issued at the weekend. Great Joshua MacIver stated that “First, before His Excellency, Senator Douye Diri, joined the APC in the state, there were clearly two political blocs that made up the party, with the approximate population ratios of the blocs standing at 95% to 5%.”

“After the entrance of His Excellency, Senator Douye Diri, ONLY THE SMALLER BLOC IS BEING CARRIED ALONG IN THE AFFAIRS OF THE PARTY, leaving the greater percentage to their fate, and this situation has the potential to build anger and dissatisfaction in our dear party.”

” The consequence of this has been the high level defection we have witnessed in the party recently and we believe more may likely follow, if we do not put our house in order.”

” If we do not pull together as a party, we may witness a situation where we will lose key stakeholders, especially after the State and National Assembly Primaries as well the Gubernatorial Primaries.”

“Finally, while it is very clear that we are the party to beat in the 2027 elections and that our loyalty to Mr. President IS NON-NEGOTIABLE, we must make haste to say that we cannot afford to create situations or loopholes in our unity which will be exploited by other political interests in the state. We cannot afford to under-rate anyone.”

“Our core interest remains the re-election of Mr. President, a project to which we have committed our all. We also pledge our total loyalty to the party as we have no alternative to the APC. However, our concern is that we must, as a party, look inwards and ensure that we do not create loopholes that can impede our common goal.”

Great Joshua MacIver, however congratulated the newly elected State Executives of the APC in Bayelsà State led by Hon. Warman Ogoriba, saying their emergence is welcomed at this critical time in our national history.

news

How Primate Ayodele Foretold Borno Suicide Bomb Attack A Few Weeks Ago (VIDEO)

Published

3 weeks ago

March 17, 2026

Sahara Weekly

“You Can’t Use Primate Ayodele To Score Points For Your Failed Political Ambitions” – Fulani Group Blasts Umar Ardo

At least 23 people were killed in a series of suspected suicide bombings, police in Nigeria’s northeastern city of Maiduguri said on Tuesday.

https://www.stanbicibtcbank.com/nigeriabank/personal/products-and-services/all-loans/stanbic-ibtc-mreif-home-loans

More than 100 other people were injured in the blasts that took place on Monday evening in the capital of Nigeria’s restive Borno state.

No group has claimed responsibility for the suspected attacks.

The deadly blasts come after a military post was attacked overnight Sunday to Monday, which authorities blamed on suspected Islamist militants.

This sad incident is coming barely two weeks after Primate Elijah Ayodele, the Leader of INRI Evangelical Spiritual Church specifically warned against attacks in some states. He mentioned these states while calling on security operatives to pay close attention to them.

These were his words:

“Another attack is coming up in these following states where the military must watch carefully and intelligently; Kano, Kaduna, Zamfara, Kebbi, Niger, Borno, Kwara and Kogi state. They want to do a deadly attack, it’s preventable but it depends on how they will handle it. I have told you about the danger coming up.”

@primateayodele

#borno #nigeria #fulfillment #security #primateayodele

♬ original sound – Primate Ayodele

Unfortunately, some of our military agencies don’t believe spiritual intelligence can save the country from so much danger hence, their neglect of this prophetic warning but now, it has been fulfilled with the miliary losing credibility by the day while Primate Ayodele continues to gain momentum.

Likewise, At least 26 passengers and crew sustained varying degrees of injuries on Monday following an accident involving the Kaduna–Abuja train, according to the Nigerian Railway Corporation (NRC).

Opeifa explained that the train departed Rigasa in Kaduna at 7:15 a.m. and was approaching Asham station around 9:16 a.m. when a loud bang was heard after the power car and trailing locomotive collided with one of the passenger coaches.

In July 2025, Primate Ayodele asked nigerians to pray not to see train mishap on the Kaduna-Abuja route.