Saturday, February 27African Business News
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Tag: Babajide Sanwo-Olu

Businesses must thrive to fulfil state obligations, LCCI tells LASG

Businesses must thrive to fulfil state obligations, LCCI tells LASG

Business
With the coronavirus causing losses and dislocations, the Lagos Chamber of Commerce and Industry (LCCI), has told the Lagos State Government to support business recovery to enable operators to equally fulfil their civic responsibilities. The Chamber noted that it will take a while for many businesses to recover from the consequential shocks from coronavirus, thus necessitating intervention and consideration by the state to support business to recover. With many still grappling with breach of contractual obligations, inability to retain staff, cost escalation resulting from exchange rate depreciation, loss of foreign credit lines, burden of loan repayment, and collapse of consumer purchasing power, the Chamber said a business has to be alive to fulfil its obligations to the state....
ULC flays Lagos State government over demolition of houses during lockdown

ULC flays Lagos State government over demolition of houses during lockdown

Appointments
The United Labour Congress of Nigeria (ULC), has bemoaned the demolition of houses by the Lagos State Government during the COVID-19 lockdown. The labour centre described the action as callous, wicked, and most horrendous. ULC argued that governments should not preside over the destruction of the nation by carrying out actions that put Nigeria at risk. President of ULC, Joe Ajaero, noted that the Lagos state government chose to hide under the cover of the lockdown to demolish the houses of its citizens, lamented that over 55,000 individuals and families were evicted from their homes. He argued that a government that was serious about fighting the outbreak would have at least waited for the scourge to be contained before taking such insensitive and unacceptable a...
Textile workers seek support on local production of face masks

Textile workers seek support on local production of face masks

Appointments
In line with the Federal Government’s Executive Order for the patronage of locally produced goods, the National Union of Textile Garment and Tailoring Workers of Nigeria (NUTGTWN), has called on the Presidential Taskforce on COVID-19 and state governments to purchase made-in-Nigeria fabric face masks, hand sanitizers and other protective equipment. The workers said Nigeria, which has the capacity to produce locally made face masks and other protective devices, also called on the federal and state governments to look inwards in the procurement of these materials to curb the spread of COVID-19. President of NUTGTWN, John Adaji, said the industry with large number of its members in the informal sector, has the capacity to produce quality clothe face masks for the entire citize...