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Job: Nigeria, Britain partner to combat unemployment

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The Nigerian government has expressed its willingness to partner with the British Government in tackling unemployment and creating job opportunities for young persons in the country. The Minister of State for Labour and Employment, Dr Festus Keyamo, with the Political Counsellor, British High Commission, Mr Dominic Williams. PHOTO: NAN The Minister of State for  Labour  and Employment, Dr Festus Keyamo, stated this when the Political Counsellor, British High Commission, Mr Dominic Williams, paid him a courtesy visit in Abuja. “We are ready to collaborate with our partners all over the world to open up avenues for job creation. We are open to all kinds of suggestions and levels of co-operation,” he said. He disclosed that the Government has opened up other sectors as part of efforts to diversify the economy from oil, which would, in turn, create room for employment. According to him, part of the efforts of Government to diversify the economy and boost job creation...
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We have concern about democracy in Nigeria, says U.S. Ambassador

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U.S. Ambassador to Nigeria, Stuart Syminton PHOTO:Youtube The U.S. Ambassador to Nigeria, Mr Stuart Syminton, on Friday, said his country had concern for a peaceful and prosperous democratic Nigeria. Syminton stated this when he visited the Inspector-General of Police, Mr Mohammed Adamu, in Abuja. He said that the U.S. was aware of the security challenges confronting Nigeria and the efforts of the Police to tackle them. The envoy, however, said he was optimistic that the right things were being done to ensure that peace and security reigned in the country. “I am here to give my support to the Nigeria Police Force,” he said. Responding, the I-G said that the Police, under his watch, was tackling the security challenges in parts of the country. He, however, pointed out that the challenges could not be tackled without the support of citizens. “We are also seeking the support of the diplomatic community. We need your support in the area of training for our personnel ...
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Nokia to lay off around 350 employees

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Nokia has revealed plans to lay off around 350 of its 6,000 employees in Finland this year as part of a cost-savings programme designed to shed €700 million from its operating and production expenditure by end-2020.

Heikki Norta, Senior Vice President, Corporate Strategy, Corporate Development of Nokia Corporation and Mark Durrant, Director, Communications Nokia Corporation during an intercation with newsmen at the ongoing MWC in Barcelona, Spain. Photo By Emeka Aginam
The Finland-based vendor said consultations with employee representatives will begin on 22 January and the cuts will impact all of Nokia’s business groups and support functions, and target all sites in Finland save for its Oulu factory.
“Our industry is one where a constant focus on costs is vital and the planned transformation measures are essential to secure Nokia’s long-term competitiveness. Such decisions are not easy, but we will do our utmost to support our personnel during the change process,” Tommi Uitto, Nokia’s country manager for Finland, had said in a statement, adding that,   “Our early progress in 5G is strong and we continue to increase our investment in this critical technology.
We will redouble our efforts to ensure that Nokia’s disciplined operating model remains a source of competitive advantage for us and that we maintain our position as the industry leader in cost management, productivity and efficiency,” he added.
The company said its global restructuring and cost reduction programme also covers other countries, though “the schedules and measures will vary in accordance with local prevailing laws and practices.”
It would be recalled that Nokia had earlier finalised the sale of the majority of its IP Video business to Volaris Group, a Canadian software company, for an undisclosed amount.
Nokia reduced its net loss attributable to shareholders from €183 million in Q3 2017 period to €79 million in the same period of 2018, while net sales of €5.4 billion were down marginally from €5.5 billion.

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