News
NIGCOMSAT Workers to Down Tools over Alleged Victimization

The Senior Staff Association of Statutory Corporations and Government Owned Companies ( SSASCGOC ) has accused the management of Nigeria Communications Satellite ( NIGCOMSAT ) of victimizing workers in the company and warned that unless the victimization and issues of promotion is addressed, it will have no option than to disrupt official activities of the agency.
In a letter to Adebayo Shittu, Minister of Communication, the union said it may be forced to embark on a three day warning strike unless the issues of promotion and victimization, of its members in the company is addressed.
The letter, dated January 10, Reference SSASCGOC/LAB/17/2018/9941 and signed by the President, Mohammad Yunusa and the General Secretary, Comrade Ayo Olorunfemi alleged that one of its members is being victimized by the management for refusing to take part in corruption related activities.
The letter entitled: “Re: Operational Modalities in NIGCOMSAT-Our Demands,” the letter read: “Under the directive of the Central Working Committee (CWC) of the Association we refer to our letter No SSASCGOC/HM/FMCT/1/2017/ of 9th Oct 2017 on the above subject matter and observe with dismay the non-response to any of the issues raised.
“We are most concerned about issues that bother on the rights of our members; particularly the issue of promotion. As we speak, one of our members is being victimized for refusing to participate in activities that promotes corruption in the workplace.
“We shall be left with no other choice than to embark on a 3 day warning strike to drive home our points, if nothing is done to address all the issues raised in our letter under reference within 21 days from the date of receipt of this letter.”
Speaking with newsmen, Comrade Olorunfemi, condemned the promotion exercise done by NIGCOMSAT management after a long pressure from the union, adding that the promotion was lopsided as important issue of seniority was lost due to earlier embargo and delayed in the process.
He said the union would not accept a situation whereby some senior officers have to forfeit one year due to no fault of theirs but just because the management decided to place embargo on promotion.
“The essence of promotion is to motivate, but when promotion is becoming a de-motivational factor, there will be reduction in productivity and the union would not accept that.”
On the victimization of its member, he explained that an officer, who is the head of account refused a directive from an executive director to pay a money which was not approved and was being victimized.
Comrade Olorunfemi said the present government came into power on the mantra of corruption, saying that the minister should conduct an investigation into this case and ensure that workers who stand up against corruption are not punished.
News
SEC Probes Ponzi Scheme Linked to FF Tiffany

The Securities and Exchange Commission has revealed plans to commence investigation into the activities of an entity operating under FF Tiffany, allegedly running a fraudulent investment scheme that has defrauded citizens.
A statement by the SEC on Tuesday in Abuja said preliminary information revealed that the scheme, which promised investors unusually high and unrealistic returns, had resulted in the loss of several billions of naira.
The SEC said it viewed the activity as a threat to investor confidence and the overall integrity of the financial system.
The commission assured the public that it was working closely with law enforcement agencies and other relevant bodies to bring everyone involved in the unlawful operation to justice.
According to SEC, those found culpable will be prosecuted in accordance with the Investment and Securities Act and regulatory provisions.
SEC reiterated its earlier warnings to the general public to desist from engaging in Ponzi or unregistered investment schemes that promised guaranteed or exaggerated returns.
“These schemes are not registered with the SEC and do not offer investor protection under the law.
“The commission is currently investigating 79 schemes and will make a statement on its findings at the conclusion of the investigation,” the SEC said.
The commission encouraged investors to conduct due diligence and verify the registration status of any investment firm or product by visiting the SEC website or contacting the commission directly through official channels.
SEC said it remained committed to its mandate of protecting investors, ensuring fair practices, and maintaining confidence in Nigeria’s capital market.
News
US Launches ‘Window on America’ @ Ogun Tech Hub

The Ogun Tech Hub in Abeokuta, Nigeria received a significant step towards increasing digital access and empowering young people as US Embassy in Nigeria launched the ‘Window on America’ facility.
The newly opened centre will offer free high-speed internet, computer access, and targeted programs to help young Nigerians build essential skills in technology, entrepreneurship, and leadership.
In a post on X (previously Twitter), the US Embassy described the hub as a modern ICT and resource centre meant to promote digital inclusion and provide youths with skills.
“Hello Abeokuta! We’re thrilled to announce the opening of the Ogun Tech Hub Window on America. This dynamic space offers free high-speed internet, computers, and programs to help young people gain tech, leadership, and entrepreneurial skills,” the Embassy wrote.
The facility was established in collaboration with the Ogun State and GFA Technologies, a software solutions provider for startups and SMEs.
The Embassy said the facility is part of its wider network of 29 American hubs across Nigeria, designed to empower youth and broaden access to global knowledge and opportunities.
Speaking during the launch, Ogun State governor Dapo Abiodun urged young people to use the ICT industry for self-sufficiency and competitiveness globally.
He lauded the program as a public-private cooperation that connects Nigerian youngsters with global innovations.
The governor said: “The Ogun Tech Hub serves as a collaborative space for technologists, startups, and social entrepreneurs to develop tech-driven solutions for societal challenges. The partnership is aimed at positioning Ogun State as a leading tech hub in Africa, supporting creative problem-solving and commercial innovation.”
With the ‘Window on America’ program fully operational, Ogun State is well-positioned to boost youth empowerment and digital literacy.
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