AKSG to sign MoU with Central Bank

The State government is to sign a Memorandum of Understanding with the Central Bank of Nigeria to access N2Billion from the Micro, Small and Medium Enterprise Development Fund (MSNEDF) to support micro and small businesses in the State.

The Commissioner for Economic Development, Mr. Akan Okon gave the hint during a meeting with operators of Micro Finance Banks in the State, held at the conference room of the Ministry last week.

Nigeria in the eye of a raging industrial storm BY EBENEZER BASSEY

Questions of workers employment, compensation, wages and working conditions have occupied center stage of media gist following the eruption of an economic storm occasioned by the malaise of industrial actions through strikes and protests calling for an improvement of better working conditions for workers across Nigeria. It would be recalled that the Nigeria Labour Congress (NLC) the umbrella body of trade union organizations in Nigeria staged a nationwide protest that witnessed a total shut down of industries and parastatals, a consequence of an executive fiat that heralded the death of fuel subsidy early last year.  A nostalgic incursion into reminiscent memories provides flash backs of zealot proletariats who took to the streets in defiance of the scorching sun, searing heat, heavy downpour, hunger and police brutality to ventilate their aversion  for a conspicuously exploitative policy. In the end, the voice of the majority held sway or so it seemed.