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Nationwide Shutdown: Banks, Electricity, Others to Join ASUU

Many unions and students bodies have decided join the strike in sympathy with Academic Staff Union of Universities (ASUU) from this week, which may lead to a total shut down of their operations, an action capable of exacerbating the precarious economic situation in the country.

Business Hallmark reported that the unions are irked by the government’s lackadaisical attitude to the plight of students whose future are at stake.
Unions including the Association of Nigeria Aviation Professionals (ANAP) and the National Association of Aircraft Pilots and Engineers (NAAPE) have indicated their intentions to shut down airports in solidarity with the striking ASUU.
This is coming even as the National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) stated last week that it would shut all financial institutions to join the NLC in its solidarity strike over the lingering ASUU strike. ANAP in a statement by Comrade Abdulrasaq Saidu, its general secretary, called on President Mohammadu Buhari to end the strike without further delay.
Recall that the Nigeria Labour Congress (NLC) had penultimate week given notice to its members to embark on a nationwide protest on July 26 and 27 in solidarity with ASUU.
Comrade Saidu had earlier stated that the protracted strike had led to an unprecedented upsurge in social vices by students and in the process, led to a ridiculing of Nigeria’s educational system, making it a laughing stock.
“ASUU, NASU, SAUTHRIAI, NAAT had been on strike for more than four months due to the apparent failure of government to sign the re-negotiated 2009 agreement with ASUU, failure to honour the terms reached in the May 2022 MoU signed with ASUU, and habitual failure of government to respect collective bargaining agreements willingly signed with labour unions.
“Our children are using eight years to read courses of four years with resources being wasted. We cannot continue this way.”
On the same note NUBIFIE in a release by Anthony Abakpa, its national president, and Mohammed Sheikh, general secretary, said “if, after the one-day protest by NLC on this issue nothing is done, the union will have no other option than to call out all our members in banks, insurance and other financial institutions in solidarity with ASUU.”
Also, NAAPE in a statement by Umoh Ofonime, its deputy General secretary, said the refusal of the federal government to honour the agreement signed with the union since 2009 “is very disturbing considering the negative impact the prolonged strike will create in the life of these children.
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) had earlier threatened to join the nationwide strike if the ASUU crisis was not immediately resolved.
The union while expressing worry and concern over the prolonged strikes by university unions, condemned what it called the “lackadaisical attitude” of the federal government towards finding a lasting solution to the crisis.
Williams Akporeha, president of NUPENG, and Afolabi Olawale, general secretary, said the strikes by ASUU, Non-Academic Staff Union (NASU) and Senior Staff Association of Nigerian Universities (SSANU) had paralysed universities for months.
The union asked the federal government to “immediately address and resolve all demands of ASUU, NASU and SSANU without any further delay to avert national solidarity actions from our members across the country.
“The rank-and-file members of NUPENG align with the NLC’s position on protest against unfortunate situation in the tertiary education sector and will not hesitate to join in the proposed nationwide strike on the matter,” the union added.
Meanwhile, federal government is making surreptitious moves to break the ranks of the academic union.
The move to decimate their ranks appears to be yielding minimal result as already a breakaway faction of the Academic Staff Union of Universities (ASUU)- Congress of Nigerian University Academics (CONUA), has dissociated itself from the ongoing strike in Nigerian universities.
In a press release authenticated by‘Niyi Sunmonu, its national coordinator, and Ernest Nwoke, national publicity secretary, CONUA noted that it is not part of its decision to embark on the ongoing strike by ASUU.
The release read in part: “The Congress of University Academics (CONUA) would like to seize this opportunity to announce its independence as a union of academic staff in Nigeria’s public universities. Being a separate and independent union, it has never been part of the decision to embark on the industrial action which has paralysed academic activities in our universities for five months now”.
CONUA said it is of the view that strikes will have a negative effect on the Nigerian university system. It added that the negative effects of the strikes have always been greater than their positive outcomes.
The union stated : “Our strongly-held view is that strikes wreak great havoc on the university system, and the concessions that are earned after every strike, over the decades, have amounted to pyrrhic victories when weighed against the systematic destruction of the local and global image of university education in Nigeria.
“Our preferred alternatives to strikes in resolving industrial disputes, therefore, include constructive engagement and constant dialogue with all stakeholders.”
“As CONUA, we are of the strong belief that strikes should never be a strategy of first recourse. Their deployment should be contemplated only when all other options have failed, and they should not appear to be motivated by a desire to cause maximum damage.”
The union noted that its members continued with academic activities at the Obafemi Awolowo University, Ile Ife and Ambrose Alli University, Ekpoma after the strike declared by ASUU.
“In fact, before the incident which caused the students to be asked to vacate the campus, most of our members had concluded their lectures. Since it wasn’t our members who declared a strike, lumping us together with those who are on strike is therefore patently unfair,” it said.
When the federal government knew that the attempt to break the ranks of ASUU was not yielding needed results it resorted to continue the negotiation but ASUU was not impressed.
In view of this, two weeks ago, President Buhari ordered Chris Ngige, the Minister of Labour who has been leading the negotiations with ASUU to step down from ongoing negotiation with the body .
ASUU has on its part has repeatedly blamed Dr. Ngige for allegedly constituting clog in the wheel of the progress of the negotiation towards addressing the crisis.
Buhari gave the directive during a briefing by the heads of the various concerned ministries, departments and agencies of government penultimate Tuesday in Abuja. He also agreed to the suggestion by Adamu Adamu, minister of Education, to take over the negotiations.
Mr. Adamu was said to have cleared the air on the protracted crisis, as he made it known to the gathering the reason behind his prolonged silence on the matter, adding that his labour and employment counterpart had since 2016 argued “that only the labour ministry has the mandate to negotiate with striking workers unions in Nigeria.”
News
FG Unveils AI Public Services Platform

Federal government has launched GovGuideNigeria, an artificial intelligence (AI)-powered digital platform designed to streamline access to public service information through WhatsApp and the web.

The platform consolidates information from more than 35 federal ministries and over 60 government agencies, marking a significant step in Nigeria’s drive to expand AI-enabled public infrastructure and digital government services.
According to Bosun Tijani, Nigeria’s minister of communications, innovation and digital economy, the initiative aims to simplify interactions with government services, particularly for underserved communities that often face challenges navigating complex public-sector systems.
Developed in collaboration with the National Centre for Artificial Intelligence and Robotics, Meta, and Publica AI, GovGuideNigeria uses conversational AI to provide real-time responses via WhatsApp and a web interface in English, Hausa, Igbo and Yoruba.
Sade Dada, head of public policy at Meta, said the multilingual rollout highlights the growing use of natural language processing within African public institutions to improve digital inclusion and broaden access to services.
Ignatius Willie, chief executive of Publica AI, said the platform demonstrates how Africa’s next generation of digital public infrastructure can be developed locally using African languages.
GovGuideNigeria is intended to address longstanding challenges in Nigeria’s public information system, where citizens often struggle to access reliable guidance because of fragmented government websites, poor communication channels and the expense of travelling to physical offices.
Through AI-driven automation, users can obtain information on immigration procedures, documentation requirements, public programmes and agency-specific services through chat-based interactions.
The launch also reflects Nigeria’s broader ambition to integrate AI into digital governance, while strengthening partnerships between government agencies, global technology companies and local AI startups to modernise public service delivery.
News
Elon Musk to Become First World’s Trillionaire with SpaceX Historic IPO

Elon Musk is poised to become the world’s first trillionaire after SpaceX, his company, confirmed plans to go public.

Elon Musk
Because Musk owns the majority of the shares, it could push his net worth over the trillion dollar mark.
The entrepreneur is known for his leadership of Tesla, SpaceX, X, and xAI.
Musk has been the wealthiest person in the world since 2025; as of May 2026, Forbes estimates his net worth to be $788 billion.
SpaceX has filed for a blockbuster public listing in the United States, paving the way for what could become the largest stock market debut in Wall Street history.
The company, formally known as Space Exploration Technologies, announced plans to begin trading under the ticker symbol “SPCX” as early as next month.
The listing values SpaceX at about $1.25 trillion, with Musk’s majority ownership potentially worth more than $600 billion alone.
Combined with his existing holdings in companies including Tesla, the IPO could push Musk’s personal wealth above the $1 trillion mark.
The long-awaited filing also offered investors a rare look into SpaceX’s finances.
The company reported $18.6 billion in revenue last year but recorded a net loss of $4.9 billion. In the first quarter of this year, SpaceX generated $4.7 billion in sales while posting a $4.3 billion net loss.
Financial disclosures showed the company holds $102 billion in assets, including rockets, launch infrastructure and satellite systems, while carrying debts totalling $60.5 billion.
Despite the losses, analysts suggested investors were unlikely to be deterred given SpaceX’s dominance in commercial space launches and satellite internet services.
Ruth Foxe-Blader, managing partner at Citrine Venture Partners, described the planned flotation as “extremely exciting.”
“SpaceX is just an absolutely sprawling, enormous project with so many different selling points, and so many points that really point to the future,” she said.
SpaceX operates the Starlink satellite internet network and also owns Musk’s artificial intelligence company, xAI.
The IPO filing revealed that xAI recently reached a major commercial agreement with rival AI company Anthropic, maker of the Claude chatbot.
Under the arrangement, Anthropic will reportedly pay $15 billion annually to access data centre infrastructure linked to xAI operations in the American South.
The filing also disclosed that SpaceX expects to incur more than half a billion dollars in legal costs from multiple ongoing lawsuits and regulatory disputes.
Among the cases listed were claims alleging that xAI’s chatbot Grok had been used to create sexualised deepfakes of women and girls, alongside patent infringement disputes, music copyright claims, data breach allegations and investigations into compliance with European Union content moderation rules.
Musk has previously said he plans to dissolve xAI as a standalone company and pursue his AI ambitions directly under SpaceX.
The filing came shortly after Musk lost a high-profile legal battle against OpenAI and its chief executive Sam Altman.
Musk had accused OpenAI of abandoning its non-profit mission after shifting towards a commercial model, but a jury dismissed the lawsuit, ruling that he had waited too long to bring the claims.
News
Moniepoint Boosts UK Payments Security

African financial services platform Moniepoint has partnered with open banking software-as-a-service provider tell.money to deploy a transaction security system in the UK market.

The companies said the partnership will allow Moniepoint to implement Confirmation of Payee, an account name-checking service designed to verify recipient details before payments are processed.
The integration will be rolled out through Monieworld, Moniepoint’s UK remittance subsidiary, as part of the company’s broader European expansion strategy.
Tell.money will provide the underlying verification technology, which the companies said is intended to reduce misdirected payments and help protect users against cross-border fraud.
Ravi Jakhodia, CEO of Monieworld, said: “Our goal with Monieworld is to build financial services for Africans in the diaspora.”
He added that tell.money was selected because it manages compliance and accreditation requirements, allowing the fintech company to focus on customer service.
Moniepoint is entering a competitive UK-to-Africa remittance market that includes established providers such as Wise, WorldRemit and Remitly, as well as African fintech firms including Flutterwave’s Send App.
According to data from the World Bank’s KNOMAD programme, remittance flows to low- and middle-income countries are estimated at about $620 billion annually, with digital -first platforms capturing increasing market share through open banking integrations and automated compliance systems.
The rollout reflects a broader trend of African fintech firms expanding into developed markets by adopting local regulatory and open banking standards.
Industry analysts expect diaspora-focused platforms to evolve beyond money transfers into services such as multi-currency banking, credit and investment products.
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