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Court Orders Union Bank To Pay Former Manager N20.2m Over Wrongful Termination…….

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Justice Maureen Esowe of the Lagos division of the National Industrial Court has ordered the Union Bank to immediately pay the total sum of N20, 261, 810 million to one of its retired staff, Asenime Claire Ojuzo.

 

The judgment sum according to Justice Esowe, is the shortfall of gratuity Union Bank ought to pay Mrs. Asenime, upon her retirement.

 

Justice Esowe made the order while delivering judgment in a suit marked NICN/LA/534/2017, filed by a retired officer and the bank.

 

The claimant, a former senior manager at Union Bank, through her lawyer, Chief Paul Omoijiade, had asked the court to “declare that the purported approval by the bank of the claimant’s withdrawal from service which the Claimant did not apply for was wrong.

 

“A declaration that the purported determination of the Claimant’s contract of service by Union Bank is wrongful, same having been done without due process as laid down in the bank’s handbook and the bank’s custom and practice.

 

“A declaration that the purported removal of the claimant from his employment as Senior Manager (SM) without due process amounts to redundancy for which the claimant is entitled to redundancy benefit.

 

“A declaration that Union Bank is in arrears of N18, 114, 600 million, in the payment of the Claimant’s gratuity.

 

“A declaration that the deduction of the sum of N16,106,219.66 million, as outstanding loans, status car, unearned medical, outstanding status generator, and car from the claimant’s gratuity is unlawful.

 

“An order of the honourable court directing Union Bank to pay to Ojuzo the sum of N16,106,219.66 million, deducted from the claimant’s gratuity.

 

“An order of the honourable court directing Union Bank to pay to Ojuzo the sum of N18,114, 600 being a shortfall in the gratuity paid to her.

 

“An order of the honourable court that the bank pays the sum of N12 million, to the Claimant as compensation for the defendant’s wrongful and unlawful action withdrawing the claimant’s services without due process.

 

“An order of the honourable court for the payment of interest at the rate of 20% on the deductions and withheld gratuity under paragraphs (f) and (g) above.

 

“An order of the honourable court that the bank pay to the claimant the sum of N1 million, being the cost of litigation.

 

During the trial of the suit, the claimant told the court that she was a staff of the bank until her employment was wrongfully withdrawn on November 22, 2013, and her terminal benefits were never paid in full.

 

She also told the court that Union Bank also deducted the sum of N16, 106, 219.66 million, which the bank referred to as outstanding loans, unearned housing, status car, and unearned leave from her benefit, adding that, said she never applied for withdrawal service, therefore, the withdrawal of her services is tantamount to redundancy.

 

Defending the suit, Union Bank through its witness, Francis Idiaghe, who was led by Feliz O. Ogungbemi, told the court that there is no provision in the Trust Deed of variation that the claimant or any employee of Union Bank can remain in service till the age of 60. Rather, than underemployment, either party can determine the contract by giving a month’s notice.

 

The witness told the court that the Defendant, exercising her right under the contract, determined the contract by a letter of withdrawal of service dated November 22, 2016, issued to the claimant. Adding that the sum of N16,106,219.66 million, deducted from the claimant’s terminal benefits covers the loans (N13,683,188.86 million) taken by the claimant during the pendency of her employment and the outstanding and unpaid money (N2,247,210 million) covering the cost of her status car and a generating set.

 

Union Bank in its final written address, asked the court to determine “Whether the claimant is entitled to a declaration that the withdrawal of the Claimant’s employment is unlawful.

 

“Whether the Claimant having been paid her terminal benefit and having accepted same, can be heard to complain that his contract was not properly determined.

 

“Whether the termination of the Claimant of employment by the Defendant amounts to redundancy.

 

“Whether the Claimant is entitled to the sum of N18,114,600.00 (Eighteen Million One Hundred and Fourteen Thousand Six Hundred Naira) as outstanding gratuity from the Defendant.

 

“Whether the deduction of the sum from the Claimant’s terminal benefit in the liquidation of Claimant’s outstanding staff loans, status, generator loan, and unearned medical is unlawful.

 

“Whether by the evidence placed before this Honourable Court, the Claimant is entitled to damages in the sum of N12 million.

 

“Whether the Claimant is entitled to interest at the rate of 20% on the alleged outstanding gratuity and the amount allegedly deducted from her gratuity.

 

“Whether the Claimant is entitled to the sum of N1 million, as cost of litigation.”

 

Justice Esowe, in her judgment on the suit after the evaluation of parties’ submissions, and citing plethora of legal authorities, held that: “having gone through the claimant’s claim, evidence led in support, the defendant’s defense, evidence led in support, with the final written submissions of Counsel on both sides, this Court, while adopting all the issues formulated by Counsel, has distilled a sole issue for determination, to wit: Whether the Claimant has proved his case to be entitled to the reliefs sought.” culled: Business Hallmark.

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Asiko deepens gas penetration, unveils 300 metric tonnes LPG/CNG depot in Benin

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to grow in geometric progression- Alex Ogedegbe

… We are going to expand into CNG, LNG Gas Station- Abubakar Folami 

 

 

Asiko, a leading provider of clean energy solutions operating in Nigeria’s energy sector, has continued to contribute to the economic development of the country with its sterling efforts to ensure in-country utilisation and deepening of gas penetration in the nation, as it unveils 300 Metric Tonnes Liquefied Petroleum Gas (LPG) and Compressed Natural Gas (CNG) depot in Utesi, Ikpoba Okha local government area of Edo state.

 

This project invariably aligns with the federal government’s priority objective to attain 5 million MT of LPG consumption by 2023.

 

Speaking at the official commissioning of the gas depot, the Chairman of the Asiko Group, Engr Alex Ogedegbe, expressed that the gas potential of Nigeria is enormously huge and the LPG/CNG depot is designed to provide much-needed energy solution to Nigeria and beyond.

 

“Today, we are excited to launch our 300MT LPG and CNG depot. The multi-product gas depot, promises to improve gas availability and distribution in the region.”

 

According to him, “The LPG/CNG depot is poised to become a hub for a wide range of gas products. Under its licensing agreement, the depot is authorised to store Propane, LPG (Liquefied Petroleum Gas), CNG (Compressed Natural Gas) and Liquefied Natural Gas (LNG). Currently, it stores LPG and CNG, with plans for future development to enable the storage of LNG in the near future. The 300MT depot, the biggest in Benin, marks an added step towards contributing to a clean energy future and the realisation of the Federal Government’s decade of gas initiative.”

 

Ogedegbe said, “Nigeria is endowed with up to 183 trillion cubic feet of gas deposit, and we have not consumed up to 5% of that deposit in Nigeria today. Imagine how much we can distribute to Nigerian society and beyond if we have installations and facilities like this that we are commissioning today.

 

 

Also speaking to newsmen at the event, Mr Abubakar Folami, a Director at Asiko, said that the company has similar inland depots and plants across Nigeria, with an impressive inland Propane and LNG terminal currently under construction in Ijora, Lagos.

 

Similarly, the Utesi Community head, (Okaighele) Mr Monday Edo, said he was very happy about the project commissioning.

 

This LPG/CNG depot is not just a beacon of progress for the energy sector; it also carries a profound impact on the local community. The depot is expected to generate over 100 job direct and indirect job opportunities, contributing significantly to the economic welfare of the region. The creation of these jobs underscores Asiko’s commitment to empowering and uplifting the economic activities of its host communities.

 

Asiko is a leading provider of clean energy solutions in Nigeria, dedicated to delivering a comprehensive network of sustainable, accessible, and innovative clean energy solutions. With a focus on LPG, LNG, CNG, propane, and renewable energy, Asiko drives the region’s clean energy transition and ensures energy security.

 

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Tingo Media CEO Agbonwaneten to bury mum in PH

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It will be a carnival of sort as the Chief Executive Officer of Tingo Media, Mr. Ebuwa Martins Agbonwaneten has concluded plans to hold the funeral of his mother, Princess Karina Namikpoh who passed away at 68.

A statement by Agbonwaneten, who is also the CEO to The Dozy Mmobuosi Foundation, a non-governmental organisation owned by billionaire technology entrepreneur, Dozy Mmobuosi on behalf of the family, said their matriarch will be laid to rest in Port Harcourt, Rivers State on September 29- October 1, 2023.

A service of songs and tributes hold in her honour on Friday, September 29 at Azny Place, No 2 Louis Drive, opposite Nextime supermarket, GRA Phase 3, along Abacha Road, Port Harcourt.
Funeral service hold on Saturday, September 30 at Vaults & Gardens, Aggrey Road, off Cemetery Road Port Harcourt.

An interment reception will take place at The Palacios Event Centre, 63 Woji Road, Phase 2 Port Harcourt.

On Sunday, Oct 1, thanksgiving service will take place at Hilltop International Christian Centre, 7 Hilltop Drive Waterlines/Elekahia Link Road Port Harcourt.

Agbonwaneten extended invitations to colleagues, associates and business partners, saying interesting activities have been lined up for their unforgettable experiences.

“As you may already know, my mother’s burial is scheduled for the 29th – 30th of September, 2023, in Port Harcourt. This event is not just a somber occasion; it’s a celebration of a remarkable life and a chance to bid farewell to an extraordinary woman.

“I want you to be a part of this grand celebration. It’s an opportunity to join me in giving my mother the dignified and joyous send-off she deserves. I assure you; we have prepared an unforgettable experience for all who attend!

“Transportation will be seamless, with arrangements and adequate security in place for those traveling from Lagos, Benin, Abuja and all all over the world to Port Harcourt—all free of charge.

“We’ve secured top-notch hotel accommodations to ensure your stay is comfortable and convenient. Our event planning team and funeral directors rank among the industry’s finest, ensuring that every detail is meticulously attended to.

“You may already know my reputation as a gracious host, and I promise you won’t be disappointed. Our menu boasts a delectable array of cuisine, from continental delights to local favorites like ‘nkwobi,’ ‘pepper soup,’ ‘bolé,’ ‘starch and banga’, and more. The drink selection is equally impressive, featuring a range of choices from Champagne, Hennessy, Glenfiddich, Jack Daniels, cocktails, assorted wines, both alcoholic and non-alcoholic, and more,”he stated.

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Nationwide Blackout As National Grid Collapses Again…

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Nigeria has again been thrown into darkness after the national grid system, operated by the Transmission Company of Nigeria (TCN) from Osogbo in Osun State collapsed.
A check by The Guardian in the early hour of today showed that the grid plummeted to a meagre 273 megawatts of electricity coming from two out of the over 27 electricity generation.
This comes barely a week after TCN, rolled out the drum to celebrate a questionable 400 days of grid stability.
A number of Distribution Companies confirmed to The Guardian that the grid went down at 00:41 AM, disclosing that most of their feeders are out.
As of 4:00 a.m. on Thursday, five generating plants were on the grid. Afam VI had 0.70MW, Dadinkowa was generating 0.00MW, Ibom Power had 32.90MW, Jebba had 240MW and Olorunsogo was on the grid with zero generation.
At about 1AM midnight, the total power on the grid was 35MW, indicating that the country experienced a total collapse.
The grid went to 193MW at about 3AM before climbing to 273MW when this report was filed.
The TCN has not responded to inquiries by our correspondent about the development.

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