 Members of the Academic Staff Union of Universities as well have threatened to embark on another industrial action. This is following a three-week automaton issued by the Union last month. They have ever called on well-meaning Nigerians to prevail on the federal government to honor the agreement reached with the Union. The lecturers made a call on Friday at separate briefings held in the northern and southern parts of Nigeria. At the meetings, the government's action has left them with no other option than to withdraw their services. A bill for an act to provide for establishment of Chartered Institute of Business Educators of Nigeria has killed second reading in the House of Representatives. Sponsor of the bill is Mr Henry Achebon. In a leading debate, he said that the bill seeks to add quality to the qualification of education and business. He said the bill also seeks to regulate the business education sector as obtainable internationally. The Deputy Speaker of the House, Mr Ahmed Wasit, expressed worry whether the functions of the institution will not duplicate already existing institutions. However, Mr Achebon clarified that the institute will not require funding from the government, but contributory funds from members when they get chartered. This bill seeks to regulate, to give a legal backing to the Chartered Institute when established so that they can regulate the activities and the practices of business education so as to meet up with global best practices. Because when established, it will lead to the improvement in business education, it will lead to the training of those involved in business education and encourage global best practice so that we as a country who are offering business education will be at par with our colleagues in other countries. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.