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Showing posts with the label 2017 at 07:51AM

JAMB and the rest of us

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http://ift.tt/eA8V8J By Eric Teniola WHEN General Olusegun Obasanjo (80) established the Joint Admissions and Matriculation Board, JAMB,  on February 13, 1978 through amended decree 2 of  1978, Colonel Ahmadu Adah Alli (81) was the Minister for Education. The Gbobe born soldier turned politician from Igala tribe in Kogi state later handed over to the Ogoni activist, Dr. Garrick B. Leton (1933-2003). These two men pioneered JAMB. The management of JAMB both past and present hold these two a debt of gratitude for the take off of the board. The Board expanded its scope from limited University Admission to other tertiary Institutions with amended decree 33 of 1989 by General Ibrahim Badamosi Babangida(75) who later appointed Professor Jubrin Muhammed Aminu (78) as Minister for Education. It was the during the tenure of Professor Jubrin Aminu that JAMB became actively functional. His coordination of JAMB at that time as a Minister between 1985 and 1989, was more pronounced tha...

Need to address budget, MTEF structural distortion

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http://ift.tt/eA8V8J WITH the latest update on the 2017 budget upheavals taken to a ridiculous level by the two key arms of the Federal Government – the Executive and the Legislature, we draw attention to the wider policy implication of the continued delay in putting the spending plan into operation. Acting President, Prof. Yemi Osinbajo, is yet to sign the budget trasmitted  to him about a week now, neither has he come out to say what is delaying his assent. But of more serious concern is the fate of budget implementation and the collateral damage the delay is bringing into the country’s struggling economy, the fiscal plan in particular. We note that even if the budget is signed immediately it is transmitted to the Presidency, it is clear that the adverse impact of the delays has already crystallised. It has introduced structural distortion into the Medium Term Expenditure Framework, MTEF, and the 12-month calendar year cycle of annual budgeting. The distortion had started wit...

Chemical, non-metallic employers to pay N23,800 minimum wage

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http://ift.tt/eA8V8J By Victor Ahiuma-Young OTA—As the Federal Government last week began the process for the review of the N18,000 minimum wage with the setting up of the minimum wage committee, Organized Labour and employers in the Chemical and Non-Metallic Products sector of the nation’s economy, have agreed on N23, 800 new minimum wage, for the least paid worker besides other benefits. Labour under Union of Chemical, Footwear, Rubber and Non Metallic Products Employees, NUCFRLANMPE, said it equally agreed with the employers’ federation under aegis of Chemical and Non-Metallic Products Employers’ Federation, CANMPEF, for increment in housing allowance, transportation as well as overtime rates among others such as standard hours of work, leave allowance, redundancy benefits. President of the Union,  Mr. Babatunde Olatunji, while speaking with newsmen in Ota, Ogun State, revealed that the new pay package for workers was a fallout of National Joint Industrial Council, NJIC, agr...