Connect with us

Business

Oye Hails Eze on Inauguration As Pioneer President of Salt City Chamber of Commerce

Published

on

The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Dele Kelvin Oye Esq., has congratulated Barr. Chukwuemeka Eze, on his inauguration as the pioneer President of Salt City Chamber of Commerce.

Oye, who spoke at Eze’s inauguration in Ebonyi State, urged for increased collaboration among stakeholders to boost trade, investment, and economic development in the Country.

He said, “On behalf of the Council and Members of the Nigerian Association of Chambers of Commerce Industry Mines and Agriculture (NACCIMA), it is with great pleasure I extend my heartfelt congratulations to Barrister Chukwuemeka Eze on his inauguration as the President of Salt City Chamber of Commerce. As the National President of NACCIMA, I am honored to speak to you today and express our collective enthusiasm for the future of the Salt City Chambers of Commerce under Barrister Eze’s leadership.

“NACCIMA, as the apex chamber of commerce for our country, plays a crucial role in advancing the interests of businesses across Nigeria. We understand the importance of strong and effective leadership at the local level, and we are committed to providing the necessary support and resources to chambers of commerce to ensure their success.”

On the role of a Chamber of Commerce in any Society, Oye noted, “The Chambers of Commerce serve as the collective voice of businesses within a community, advocating for policies that support economic growth and a favorable business environment. They provide networking opportunities, resources, and support for small businesses, while also promoting the local economy through marketing initiatives and collaboration with other organisations.

ALSO READ:  FG, UK lauds Sightsavers for implementing PWDs support programmes

“Additionally, chambers of commerce often offer educational programs and workshops to help businesses develop key skills and stay informed about industry trends.

“Furthermore, chambers of commerce play a role in international trade support, providing assistance to businesses looking to engage in import/export activities. By fostering partnerships and advocating for the interests of the business community, chambers of commerce contribute to the overall economic development and well-being of the society they serve.”

According to him, “Barrister Eze’s dedication and commitment to the growth and prosperity of Salt City’s business community are commendable. We are confident that with his leadership, the Salt City Chambers of Commerce will emerge as one of the premier chambers in Nigeria. His vision and commitment to excellence will undoubtedly propel the Chamber to new heights of success.

“At NACCIMA, we believe in the power of collaboration and partnership. We look forward to working closely with Barrister Eze and the Salt City Chamber of Commerce to promote trade, investment, and economic development, not only within Salt City but also across the broader Nigerian business community. Together, we can create an environment that fosters business growth, innovation, and sustainable development.”

The NACCIMA boss added, “Barrister Eze, on behalf of NACCIMA, I offer you our unwavering support as you take on this important role. We are confident that under your leadership, the Salt City Chamber of Commerce will flourish and thrive, contributing to the economic prosperity of the region and the nation as a whole.”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Uba Sani: Least Paid Worker In Kaduna Earns N72,000

Published

on

Uba Sani, governor of Kaduna, says no worker in the state earns less than N70,000 as salary in compliance with the new minimum wage.

Sani spoke on Thursday at Murtala Square in Kaduna on occasion the Workers’ Day celebration.

The governor said the least paid worker in the state earns N72,000, noting that he believes in the dignity of labour, adding that the issue of incremental adjustment of salaries would be addressed soon.

“I have been involved in the struggle for labour rights, workers’ rights. That is my antecedent. Because of my background, I sat down with the leadership of the Nigerian Labour Congress (NLC),” Sani said.

“I made it clear to them that though we have met the minimum wage requirement but there is something called incremental adjustment which is discretionary.

“Because of my relationship with both NLC and TUC, I asked them that we should sit down and come up with a formular that will make every worker in Kaduna state happy, irrespective of his or her status and they came up with three different options.

“Today, I want to reaffirm to all of you here that by the grace of God, we will look at the incremental adjustment and ensure that even senior civil servants will benefit because we have to make our workers happy.’’

The governor added that his administration also prioritises improving the living conditions of pensioners.

He said the state government has released N3.8 billion to settle outstanding gratuities, death benefits, and accrued rights under the contributory pension scheme in April.

ALSO READ:  Ardova signs bulk purchase agreement with Dangote Refinery

“Since the inception of our administration, we have cumulatively paid the sum of N10.4 billion in gratuity, death benefits, and accrued rights in the Contributory Pension Scheme,” Sani said.

The governor said the payment of such a huge sum to pensioners is “unprecedented.”

Commenting on the ongoing industrial action by the Kaduna State University branch of the Academic Staff Union of Universities (ASUU), Sani said his administration has done everything to reposition the school.

According to him, more than 60 percent of the courses were not accredited when he assumed office, but his administration spent over N300 million to secure National Universities Commission (NUC) accreditation.

The governor said the striking lecturers’ demands had accumulated over 17 years, with about three of his predecessors unable to settle the liabilities, which now total between N5 billion and N6 billion.

“In spite of this, the lecturers want us to settle these liabilities now, and I said no. I said that we have to sit down and have a dialogue. I then asked them, where were their voices in the last 17 years?” he said.

He promised that the problem would be addressed owing to the importance of education, which he described as the “greatest leveller”.

Continue Reading

Business

PETROAN Asks FG To Prioritise Welfare Of Oil, Gas Workers

Published

on

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has asked the government to prioritise the welfare of oil workers, given the hazardous nature of their work.

In a statement on Thursday, Billy Gillis-Harry, PETROAN’s president, hailed oil and gas workers across the country on Workers’ Day.

According to Joseph Obele, PETROAN’s spokesperson, Gillis-Harry, while addressing journalists in Abuja, appealed to the government and stakeholders in the industry to improve welfare packages and expand health insurance for oil workers.

“Studies have shown that workers in areas where gas flaring is prevalent are at high risk of several health challenges, which can affect them physically, mentally and even increase cancer risks,” Gillis-Harry was quoted as saying.

The association said gas flaring remains a serious problem in Nigeria’s energy industry, exposing workers and nearby communities to harmful health and environmental effects.

The group said the impact of gas flaring highlights the urgent need for better health protection and general welfare for those working in the sector.

According to the statement, Gillis-Harry urged regulatory bodies to strictly enforce existing laws aimed at stopping gas flaring in the country.

“It’s imperative that we prioritise the health and well-being of our workers and protect the environment from the harmful effects of gas flaring,” the president said.

The spokesperson said PETROAN believes ending gas flaring would reduce its harmful impact on workers and host communities and help build a more responsible oil and gas industry.

Obele said PETROAN commended governors who have started paying the new minimum wage, especially those paying above the set rate.

ALSO READ:  Insecurity surge: Biafra declaration in December remains sacrosanct- BRGIE assures

“Billy Gillis-Harry called on governors who are yet to comply to do so in the shortest possible time, emphasising the need for workers to receive fair compensation for their labour,” he said.

He said the association also reaffirmed its commitment to collaborating with stakeholders to support oil and gas workers and ensure safe and healthy working environments.

Obele said PETROAN is of the view that better welfare and an end to gas flaring would boost productivity, reduce accidents, and raise performance across the industry.

Continue Reading

Business

MTN Nigeria posts N1trn revenue surge

Published

on

MTN Nigeria Communications Plc generated N1.0 trillion in service revenue in the first quarter of 2025.

This marks a 40.5 per cent increase from the N752.99 billion earned in Q1 2024.

The company confirmed this in a corporate filing with the Nigerian Exchange Ltd. on Tuesday.

Profit after tax dropped by 134 per cent, falling to N133.7 billion from N392.7 billion in the same period of 2024.

Its total subscriber base grew by 8.2 per cent to 84.1 million, with 3.2 million new additions in Q1 2025.

Active data users rose by 13 per cent to 50.3 million, following the addition of 2.6 million users.

EBITDA climbed 65.9 per cent to N492.7 billion, while EBITDA margin improved by 7.2 percentage points to 46.6 per cent.

The company recorded free cash flow of N209.9 billion and earnings per share stood at N6.38.

MTN Nigeria CEO, Karl Toriola, expressed satisfaction with the Q1 2025 results, citing strong strategic execution and resilient service demand.

He said momentum from Q4 2024 had helped put the firm on track to restore profitability and achieve a positive net asset position.

He added that regulatory approval for price adjustments was essential to sustain investment and maintain service quality.

This approval enabled N202.4 billion in capital expenditure, up 159 per cent, aimed at expanding capacity and enhancing user experience.

Toriola said the 40.5 per cent growth in service revenue underscored strong demand and commercial discipline.

He noted that Q1 results do not yet reflect the full impact of price changes made late in the quarter. (NAN)

ALSO READ:  Kaduna Launches Bus Rapid Transit To Ease Congestion
Continue Reading