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The minister of Trade, Industry and Investment, Doris Uzoka-Anite, announces the creation of new jobs.

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Credit: Charday Penn Source: Getty Images
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The minister of Trade, Industry and Investment, Doris Uzoka-Anite, announces the creation of new jobs.

 

 

Ekwutosblog  reports that the Federal government has perfected plans to create 50,000 remote jobs for Nigerians as FG Partners U.S Firm for 50,000 and Nigerians can now work from anywhere.

The minister of Industry, Trade and Investment, Doris Anite, has announced the partnership between the Nigerian government and US cybersecurity Insitute Lab Four to create 50,000 Business Processing Outsourcing (BPO) jobs such as telesales, customer service, virtual administrative assistant, marketing/social media assistant and tech/cybersecurity in the next three years.

The scheme is under the National Talent Export Programme (NATEP), which signed the MoU with Lab Four and could bring an annual influx of about $1.2 billion to the Nigerian economy.

Analysts say that the global outsourcing market was estimated at $620.381 billion as of 2020 and is projected to exceed $900 billion by 2027, with Nigeria having significant potential in supplying top-tier talent to the international service export and the outsourcing sector.

The MoU partly reads:

“The MoU being signed between NATEP and Lab Four will channel 50,000 BPO jobs to Nigeria over the next three years. “In job categories such as telesales, customer service, virtual administrative assistant, marketing/social media assistant and tech/cybersecurity.

“The jobs generated through this partnership have the potential to annually attract up to 1.2 billion dollars into the Nigerian economy through remuneration to the employed persons. “In addition to about 60 million dollars, it will provide the development of the BPO ecosystem through direct support to the individual BPOs,” Anite said.

Anite stressed that NATEP represents a significant national effort to establish Nigeria as a premier international centre for service exports, talent sourcing, and exports. She stated that NATEP is a specialised body to tackle the requirements and obstacles encountered in the talent and service export industry.

According to reports, the minister outlined the four main goals of NATEP, including generating one million service-export jobs in the next five years, boosting Nigeria’s Forex earnings and revenue, promoting economic development, and stimulating the expansion of related industries and support services.

Also, the Daily Trust report said that the partnership seeks to enhance skills and reinforce the ward brand. She said: “And as a prime location for high-quality talent. We will create an environment for the growth of the BPO industry across the country. “To enable workers to work in BPOs near their residence locations,” she said.

The national coordinator of NATEP, Femi Adeluyi, stated that the scheme would focus on the Small and Medium Enterprises (SME) sector and promised a transparent job selection process with only the most qualified candidates being shortlisted after evaluation.

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It is illegal for NNPCL to fix price of Dangote petrol – Falana

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Femi Falana, SAN
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Human rights lawyer, Femi Falana, SAN, says it is illegal for the Nigerian National Petroleum Company Limited, NNPCL, to determine the price of Premium Motor Spirit, also known as petrol, for the Dangote Refinery after deregulation.

Falana, who said this in a statement on Tuesday, added that the action of the NNPCL contravenes Section 205 of the Petroleum Industry Act, PIA.

“On September 5, 2024, the Nigerian National Petroleum Corporation Limited (NNPCL) stated that foreign exchange (forex) illiquidity had been a significant factor influencing the fluctuation in prices of Premium Motor Spirit (PMS) governed by unrestrained market forces, as provided for in the Petroleum Industry Act, PIA.

“The NNPCL was explaining the pump price of PMS imported into the country at the material time. Specifically, the Executive Vice President of Downstream NNPC Ltd Mr. Adedapo Segun, explained that Section 205 of the PIA, which established NNPC Ltd, stipulated that petroleum prices were determined by free market forces.

“But contrary to the well-publicised statement, the NNPCL has fixed the price of PMS produced by the Dangote Refinery and Petrochemical Company Limited. The action of the NNPCL is a violent contravention of section 205 of the PIA, which stipulates that the prices of petroleum products shall be determined by market forces.

“Furthermore, since the petrol sold by Dangote is not imported into the country but produced at the Lekki Economic Free Trade Zone, the NNPCL cannot justify the sale of petrol at N950 per litre without freight cost, lightering cost, jetty depot fees, storage fees, foreign exchange costs, NPA charges: NIMASA charges, Customs duties etc,” he said.

Falana’s outburst followed the commencement of PMS lifting by the NNPCL from the Dangote Refinery.

DAILY POST recalls that as soon as lifting commenced, NNPCL announced that the product would sell for N950 per litre in Lagos State and its environs, and above N1,000 per litre in states such as Borno.

Reacting, the Independent Petroleum Marketers Association of Nigeria, IPMAN, on Monday, criticised NNPCL, saying it was not right for petrol lifted from the Dangote Refinery to cost higher than imported ones.

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Dangote refinery: Naira transaction for PMS to begin October 1st – NNPC

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Dangote refinery
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The Nigerian government has announced that it will begin paying Dangote Refinery in Naira for petrol supply starting October 1st.

This decision was made after a meeting with the Implementation Committee on the Naira crude oil sale.

The government also disclosed that the Dangote Refinery and other local refiners in Nigeria will begin to buy crude oil from the Nigerian National Petroleum Company (NNPC) Limited on October 1, 2024.

The NNPC will supply approximately 385,000 barrels per day of crude oil to the Dangote Refinery, which will be paid for in Naira.

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Dangote Refinery plans sea transport for 75% of local supply, targeting Warri, Port Harcourt, and Calabar

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Dangote Refinery has announced plans to transport 75% of its local petroleum product supply via sea routes, targeting key locations like Warri, Port Harcourt, and Calabar.

This shift to sea transportation aims to reduce the higher costs associated with road distribution.

The refinery has the capacity to load 83% of its products by road, but it is ramping up efforts to evacuate nearly all production by sea.

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