Initiative
Sustaining economic empowerment through financial inclusion, energy access
Financial inclusion and provision of sustainable energy is at a turning point in Africa’s largest economy, Nigeria. With a population of over 200 million, about 50 per cent of the total population live in rural areas, and only 39 per cent of those living in rural communities have access to electricity. This is in addition to over 40 per cent of the entire population who are financially excluded or underserved. However, the proliferation of digital financial services in Nigeria – powered largely by growth in fin-tech companies – has catalysed an unparalleled increase in the current number of people with access to formal financial services, while further opening up opportunities to address power supply challenges across rural communities; a major feat instrumental towards achieving the broad...
Edo to spend N3 billion on economic recovery programme
Edo state government will spend over N3 billion to implement the Covid-19 Action Recovery and Economic Stimulus Programme. The programme is a component of the Nigeria Cares World Bank Support Programme. The Permanent Secretary in the state Ministry of Wealth Creation, Cooperatives and Employment, Joel Edionwe, disclosed this while briefing journalists on Wednesday. He explained that the state government is to provide grants to support businesses affected during the Covid-19 lock-down. According to him, the total package the World Bank support programme for Nigeria is $750 million, adding that its implementation would run from 2021 to 2022. “What they will get from Edo state government is a grant to repay the loans they took for their businesses affected by the pandemic. We do not need to ...
NCP: North-Central doesn’t need chairmanship, but Presidency
The North Central Patriot (NCP) on Monday said that the region doesn’t need the position of chairmanship but presidency. The group said that the zone has occupied that position severally in the time past, adding that their agitation is for the position of presidency, which has eluded them since the nation transmuted in democracy. NCP specifically said that the former President of the Senate, Bukola Saraki is not looking for the position of chairmanship, adding that he’s eminently qualified to be President of this country. The group, in a statement by its President, Bitrus Paul, commended the governor of Kogi state, Yahaya Bello, for taking the initiative to tell the world that he’s interested in the position of presidency. NCP reinstated that North Central doesn’t lack quality leaders, who...
Oyo governor unveils agriculture electronic centre in Ibadan
Governor Seyi Makinde of Oyo State has inaugurated Africa’s first agricultural electronic centre, an innovation provided by Farm Konnect Agribusiness Nigeria Plc in Ibadan. A lot of dignitaries in and outside the state were in attendance at the epoch event, which took place at the Basorun area of Ibadan. Amongst the dignitaries include the Oyo State Chief of Staff, Chief Bisi Ilaka, the Director-General Oyo State Agribusiness Development Agency, Dr Debo Akande, Ekiti State Commissioner for Agriculture, and his Osun State counterpart, the representatives of the federal government, bank officials, investors and others. Speaking at the event, Governor Makinde commended FarmKonnect for bringing such an innovation that will change the face of agriculture in the country and Africa as a whole to ...
EU releases last tranche of $14.5 million to assist Nigeria rollout coronavirus vaccine
The European Union has said $14. 5 million out of the €50 million promised to the Federal Government to assist in the roll out of COVID-19 vaccine would be released this week. The Head of the EU Delegation to Nigeria, Ambassador Ketil Karlsen, who addressed newsmen yesterday in Abuja, revealed that already €9 million grant had been released to boost the prevention and response to Coronavirus in Nigeria. “The EU is taking the lead in supporting partner countries, including Nigeria, to tackle the tackle the COVID-19 pandemic by combining resources from the EU, its member states and European financial institutions, under the ‘Team Europe’ initiative. “At the onset of the pandemic in Nigeria, the EU rapidly mobilised €50 million grant in humanitarian aid was given to Nigeria to boost preventio...
Cross River agency chief calls for legislation to back labour migration
The director-general, Cross River Migration Control Agency, Prince Michael Nku Abuo, has called for enactment of a legislation to back labour migration in order to engender national development. Abuo made the call at the Cross River State Migration Summit held in Calabar, the state capital on Saturday. The DG, who also represented the state governor, Prof. Ben Ayade, at the summit, pointed out that several solutions by both federal and state governments have been given to address the issue of unemployment in order to curb the challenge, but the way forward is to tackle the menace was through labour migration. According to him, Cross River Migration Control Agency was exploring and advancing for opportunities for citizens of the State who are at home and in the Diaspora under a work study p...
Southeast Asian leaders discuss Myanmar crisis with junta chief
Southeast Asian leaders began a crisis meeting on Myanmar on Saturday aiming to persuade Senior General Min Aung Hlaing, who led the military takeover that sparked turmoil in his country, to forge a path to end the violence. The gathering of leaders of the Association of Southeast Asian Nations (ASEAN) in Jakarta is the first coordinated international effort to ease the crisis in Myanmar, an impoverished country that neighbours China, India and Thailand. Myanmar is part of the 10-nation ASEAN. With participants attending in person despite the pandemic, Indonesia’s Foreign Minister Retno Marsudi said on Friday that the summit reflected the “deep concern about the situation in Myanmar and ASEAN’s determination to help Myanmar get out of this delicate situation”. It’s unusual for the leader o...
European Super League shelved as more clubs withdraw
The European Super League collapsed on Wednesday as eight of the 12 founding members from England, Italy and Spain abandoned the breakaway project. The project collapsed after it came under massive pressure from fans, politicians, football officials and even the British royals. Founder and Juventus chairman Andrea Agnelli told Reuters he was reluctantly calling time on the new league. This was after six English clubs withdrew on Tuesday, with Inter Milan and Atletico Madrid following suit and AC Milan indicating they would too. “The voices and the concerns of fans around the world have clearly been expressed about the Super League, and AC Milan must be sensitive to the voice of those who love this wonderful sport,” the Italian club said in a statement. Agnelli said he still believed in the...
FIFA chief to break silence as Super League plunges Europe into crisis
FIFA president Gianni Infantino is expected to deliver his verdict on the European Super League on Tuesday after the widely condemned breakaway competition triggered threats of legal action and punitive measures. European body UEFA will look to support from the world football chief at its congress in Switzerland as it attempts to quash an initiative that threatens its prized Champions League and the health of domestic competitions such as England’s Premier League. Twelve powerful clubs – six from England, and three each from Spain and Italy – have signed up for the Super League, which offers guaranteed spots for its founding members and billions of dollars in payments. Currently, clubs have to qualify for the Champions League each year through their national competitions, and face a length...
South Sudan to dispose of 60,000 expired coronavirus vaccines
South Sudan is looking to dispose of 60 000 expired doses of the Oxford/AstraZeneca vaccine, as rollout of the drugs is hampered by scepticism among the population, a health ministry official said Monday. The doses in question were donated by African telecommunications company MTN and the African Union late last month. “When it reached here we later discovered that the (remaining) lifespan of this vaccine is just … 14 days,” Richard Lako, Covid-19 incident manager at the health ministry, told AFP. He said that the drugs had since expired and were “already locked somewhere to be dealt with as soon as possible.” Lako said the health ministry and drug authority were working on plans to dispose of the vaccines. “The ministry is now engaging the African Union and the team with regards to that e...
Group advocates palliative for terrorism, banditry victims
A group under the auspices of Initiative for Conciliation and Right Protection has advocated for palliative for victims of terrorism and banditry to cushion the effect of the ugly trend. This is contained in a statement jointly signed by Mable Bremah, Godwin Ekoja and Halima Bukar, Assistant Secretary, PRO and Deputy Organising Secretary respectively in Birnin Kebbi on Saturday. It observed that victims of terrorism, banditry and oppressed deserved better treatment to enable such victims resettle and gradually recover from their trauma. The statement urged Nigerians irrespective of ethnic, religious and political affiliation to collectively join hands toward ending the insecurity bedevilling the country to pave way for a better Nigeria. It observed that Nigerians were living in an unpreced...
Payroll fraud: Gombe approves N1.49 billion for biometric system installation
The Gombe State Government has approved the sum of N1.499 billion for the supply and installation of biometric attendance system to check payroll fraud in the state’s civil service. Muhammad Magaji, the state’s Commissioner of Finance and Economic Development, stated this, on Wednesday, while addressing newsmen after the 12th State’s Executive Council meeting. Magaji said the initiative tagged “Gombe state Integrated Payroll Payment Gateway and Human Resource Management Information System’’ would help to reduce, if not eliminate, payroll fraud. According to him, when installed, the system would increase transparency in the payment of salaries and pensions, as well as effectively manage the state’s human resource capacities at both state and local government levels. He stated that the initi...
