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Govs to spend $88m on first textile mill KTL’s revival

NORTHERN Governors have earmarked $88 million as cost for the revival of the first textile mill in Nigeria, the Kaduna Textile Mill, KTL, National Union of Textile, Garment and Tailoring Workers of Nigeria, NUTGTWN, has revealed.

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Our fears for Nigerian economy — NECA

THE dust raised by National Bureau of Statistics, NBS, recent report that Nigeria has exited the excruciating economic recession on the ground that Nigerian economy grew in real terms for the first time in 15 months in the second quarter of 2017, will take time to settle as concerned individuals and groups have continued to comment  on it.

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Our fears for Nigerian economy — NECA

THE dust raised by National Bureau of Statistics, NBS, recent report that Nigeria has exited the excruciating economic recession on the ground that Nigerian economy grew in real terms for the first time in 15 months in the second quarter of 2017, will take time to settle as concerned individuals and groups have continued to comment  on it.

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Stakeholders decry leadership instability in NUBIFIE

THE just concluded National Delegates Conference, NDC, of the National Union of Banks, Insurance and Financial Institutions, NUBIFIE, in Lagos, provided members the opportunity to examine the leadership instability that has plagued it and find a way forward. It was generally agreed by most speakers at the opening ceremony of the conference that NUBIFIE needed stability to remain relevant and serve its members better.

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40m people in modern slavery, 152m in child labour – ILO

THE International Labour Organisation, ILO, has said no fewer than 40 million are trapped in modern slavery and 152 in child Labour globally. The ILO said in a statement that a new research it developed jointly with the Walk Free Foundation, in partnership with the International Organization for Migration, IOM, had revealed the true scale of modern slavery around the world.

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Power sector stinks — Labour

ORGANISED Labour is alarmed by the huge public funds spent on the nation’s power since 1999, with little or nothing to show for it, besides power outages and crazy bills compounded by crass inefficiency. While recent reports claim that more than N11trillion has been spent between 1999 and now, experts are of the opinion that the funds expended on the sector in the last 18 years, is far more than N11trillion.

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