Top 5 Stories Of The Day | SSANU and NASU Announce Nationwide Protest Begins on July 9

SSANU and NASU threaten to shut down tertiary institutions as they protest for withheld salaries
  • SSANU and NASU announce nationwide protest begins on July 9
  • Chairman of NNPC urges Nigerians to embrace farming to combat food scarcity
  • Fuel scarcity creeps in as fuel price rises to ₦720/litre
  • Naira appreciates against the US Dollar at official market
  • ECOWAS re-elects Tinubu as Chairman of Heads of State and Government

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss.

SSANU and NASU announce nationwide protest begins on July 9

SSANU and NASU Announce Nationwide Protest Begins on July 9

The Senior Staff Association of Nigerian Universities (SSANU) and Non-Academic Staff Union of Educational and Associated Institutions (NASU) announced they would nationwide protest against the federal government on July 9 as the FG has consistently ignored their demands.

The chairmen of both unions received a circular informing all its branches across the country of the motive to embark on a wide-scale protest on Tuesday, July 9, while the national protest will be held in Abuja on July 18.

The SSANU and NASU fault the inconsistent breakdown in communication between the Joint Action Committee (JAC) comprising the Unions and Ministers of Education and Labour and Employment.

Chairman of NNPC urges Nigerians to embrace farming to combat food scarcity

NNPC

The Chairman, Board of Directors of Nigerian National Petroleum Company Limited (NNPCL), and chieftain of the All Progressives Congress (APC) party, Chief Pius Akinyelure, has advised Nigerians to return to farming to ensure that the country no longer faces food scarcity.

According to the NNPC Chairman, farming was one of the most critical ways to fight food scarcity and the present economic instability in the country.

“If we don’t return to the farm, where will we get food? We will be importing, and the cost of importation is too high. So the only way out is to go back to the farm, make sure there is security for the farmers so that they are not driven away from their farm, and then we can have enough food to feed our nation,” he said.

Fuel scarcity creeps in as fuel price rises to ₦720/litre

Fuel

Nigerians are about to be hit by another wave of fuel scarcity in the country as fuel prices have increased to ₦720 per litre in some states.

While there have been long queues at filling stations in Abuja, with reports of some stations selling for ₦900/litre, Lagos State is slowly experiencing the same effect as fuel prices have risen from ₦630 to ₦720 per litre.

Reports reveal that some filling stations in Lagos and Ogun States have run out of fuel as they refuse to buy from private depots who aim to sell the PMS at an absurdly increased rate.

Naira appreciates against the US Dollar at the official market

Naira

The Nigerian currency has risen in value against the US dollar in the official foreign exchange market, trading at ₦1,509/$.

The exchange rate between both currencies was previously at ₦1,520/$ when it was last recorded on Friday, July 5.

Whereas in the black market, the dollar was sold at the rate of ₦1,525/$.

Unfortunately, the naira depreciated against pounds and euros in the official foreign as the CBN report reveals that it traded ₦1,935/£ compared to its previous ₦1,917/£ while it also traded at ₦1,638/€.

ECOWAS re-elects Tinubu as Chairman of Heads of State and Government

The Economic Community of West African States (ECOWAS) has yet again re-elected the Nigerian president, Bola Tinubu, as the Chairman of Heads of State and Government.

Tinubu was first elected as the Chairman back on July 9, 2023, a month after he had assumed the seat of power as President of Nigeria.

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