NUT PROTEST : WIKE WARNS AGAINST POLITICISING INSECURITY. (PHOTO).

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 NUT Protest : Wike Warns Against Politicising Insecurity The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has warned against politicising insecurity amid protests by the Nigeria Union of Teachers, FCT wing, over the killing and abduction of school staff and children in Oyo State. Teachers stormed the FCTA Secretariat in Abuja to condemn the killing of Michael Oyedokun and to demand the release of abducted pupils and teachers from Community High School, Ahoro-Esinle in Oriire Local Government Area. The FCT minister addressed the protesters on Tuesday, saying the federal government is on its toes working to secure the rescue of the schoolchildren and their teachers. Wike urged protesters to avoid turning the tragedy into a political issue and to give security efforts time to produce results. Chairman of the union in the FCT, Mr Abdullahi Shafa, explained that the nationwide solidarity protest was to condemn the killing of the teacher and abduction of the school chil...
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NESTLÉ CHAIRMAN RESIGNS TWO WEEKS AFTER CEO’S SUDDEN DISMISSAL. (PHOTO).

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 Nestlé chairman resigns two weeks after CEO’s sudden dismissal


Nestlé announced that Chairman Paul Bulcke will step down on Oct. 1, accelerating a planned departure amid ongoing leadership changes following the sudden firing of the company’s CEO earlier this month. Bulcke, who has served as chairman since 2017, had originally planned to leave next April. Vice Chair Pablo Isla will take over the chairman role after Bulcke’s early exit.

The move comes as Bulcke faced pressure from investors critical of the company’s performance and decision-making, according to reports. “This is the right moment for me to step aside and accelerate the planned transition, allowing Pablo and Philipp to advance Nestlé’s strategy and guide the company with a fresh perspective,” Bulcke said in a statement. The decision follows the abrupt ouster of CEO Laurent Freixe over an undisclosed relationship with a subordinate. Nestlé appointed Philipp Navratil, head of its Nespresso brand, as CEO, marking the third chief executive in just over a year. The company has struggled with sluggish sales and falling shares, down 35% since early 2022, amid internal missteps and inflation-driven consumer pullbacks.

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