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Minister: Industry, trade, investment key to economic diversification

The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, says the sector is crucial in the drive toward diversification of the nation’s economy, away from being oil dominated. Adebayo spoke in Abuja at the Physical/Virtual 12th National Council on Industry, Trade and Investment meeting, with the theme “Revitalisation of the Industry, Trade and Investment Sector in Nigeria in the Post-COVID-19 pandemic era”. He explained the pivotal role of the ministry as a key actor in the economy with the mandate to stimulate domestic investment and attract foreign direct investment into all sectors. The minister said it was committed in facilitating trade in goods and services and maximising benefits of international trade through functional bilateral and multilateral trade relations. Acc...

Bill to extend free education to senior secondary school passes second reading

A Bill for an Act to amend the Compulsory, Free, Universal Basic Education Act on Wednesday, passed second reading in the House of Representatives. The bill, which seeks to expand the scope of compulsory free basic education in Nigeria to include, Senior Secondary Education level, was sponsored by Taiwo Oluga and four other lawmakers. Leading the debate, Ms Oluga said the bill sought to amend sections 2, 4, 7, 11 and 15 of the existing Act. The lawmaker said the aim was to provide for rehabilitation of delinquent children and provide comprehensive definition for services, stakeholders, children or wards as captured in the existing Act. According to her, this will be done by providing a role for community based organisations in the development of basic education in states and local governme...

APC: PDP pushing Nigeria into one-party state

The All Progressives Congress (APC) has accused the Peoples Democratic Party (PDP) of pushing the country into a one-party state. The ruling party said this in a reaction to a statement credited to the opposition party. PDP had asked the Independent National Electoral Commission (INEC) to deregister APC and declare seats of its lawmakers vacant following its decision to dissolve all organs of the party. In a statement on Tuesday, Yekini Nabena, APC deputy spokesman, described PDP’s call as a “beer parlour rant”. “If the PDP assumes this as its standard of opposition politics, then our democracy is in danger. It is now clear that the PDP’s disillusion following their rejection by Nigerians in the 2015 and 2019 general election has degenerated into senility,” Nabena said. “With the PDP as th...

Lagos governor inaugurates new LG service commission members

Lagos State Governor, Mr. Babajide Sanwo-Olu has charged chairman and members of the Local Government Service Commission to ensure that councils in Lagos have what it takes to provide satisfactory and effective public service at the grassroots level. He also charged them to see to a revamped local government service dedicated to accountability, efficient service delivery, grassroots transformation and rural socio-economic development. Speaking at the swearing in of the newly appointed Chairman and members of the Lagos State Local Government Service Commission, held at Lagos House, Ikeja on Monday, Sanwo-Olu said his administration is committed to ensuring that the electorate feel government’s impact in all the 20 local government councils and 37 Local Council Development Areas (LCDA) in th...

CIBN urges banks to strengthen cyber-security

The Chartered Institute of Bankers of Nigeria (CIBN) has urged the banks to strengthen their cyber-security architecture in order to prevent attacks by fraudsters. President/Chairman of Council of the institute, Mr. Bayo Olugbemi, made the call while delivering his remarks at the 2020 CIBN Fellowship Investiture in Lagos, at the weekend. The CIBN at its investiture formally conferred its honorary fellowship awards on 19 distinguished bankers in recognition of their contributions to the banking industry and the economy; 77 associates as elected Fellows while 105 senior management staff of banks and the academia became Honorary Senior Members of the institute at the event with the theme: ‘Financial Services in a post COVID 19 Environment: Strategic Imperative’. Some that were conferred with ...

Security expert calls for 10,000 vigilantes to provide protection for Borno communities

Security expert, Dr Ona Ekhomu, has advised the Borno State government to immediately hire 10,000 Borno Youths into a robust vigilance force to defend the state alongside the military, the police, the paramilitary and the Civilian JTF. The absence of a capable guardian is what facilitated the Borno massacre that occurred last Saturday, he added. Dr. Ekhomu, who is President of the Association Industrial Security and Safety Operators of Nigeria, said hiring the 10,000-man youth vigilance force will provide protection of the rural populations against incessant terror attacks. He said: “The vigilance initiative will also help Governor Zulum to fulfil his campaign promise to hire Borno youths to secure the State. “The Borno Vigilance Force which should employ able-bodied youths who must receiv...

Juventus hit back to beat Torino

Juventus came from behind to beat Torino 2-1 on Sunday with US midfielder Weston McKennie among the scorers for the first time since he joined the Italian champions on loan. McKennie’s close-range header on 78 minutes put Juve level after Nicolas Nkoulou had given Torino a first-half advantage. After McKennie’s equaliser, Leonardo Bonucci produced an 89th-minute winner to lift Juve to second in the table, three points behind AC Milan who visit Sampdoria on Sunday. Inter Milan can overtake Juve by beating Bologna in Saturday’s late match. Before the game in Turin, Cristiano Ronaldo was presented with a special jersey commemorating his 750th career goal. But Ronaldo played a supporting role for once as 22-year-old McKennie, on loan from German club Schalke 04, scored a first Serie A goal and...

Governor Oyetola: Yoruba believe in unity of Nigeria

The Osun State Governor, Adegboyega Oyetola, on Saturday said the Yoruba people are a nation of hospitable, accommodating and warm people who believe in the oneness of Nigeria. Oyetola, who fielded questions from international media organisations: BBC, Voice of America, DW News and Radio France, during the 29th edition of Owu International Conference, also lauded the Yoruba race for the role it is playing in fostering peace and unity in the nation. Commenting on the theme of the conference: “Harmony in Owu polity: A recipe for national unity,” Oyetola described the Yoruba race as a believer in the harmony and oneness of the nation, adding that the migration of other tribes to their territories and settlements is not an issue because they are accommodating and hospitable. Oyetola also comme...

AU welcomes Nigeria ahead of AfCFTA kick-off

The African Union Commissioner for Trade and Industry, Albert Muchanga, said in Addis Ababa on Friday that instruments signifying Nigeria’s entry into the African Continental Free Trade Area (AfCFTA) will be received at the commission’s headquarters shortly ahead of next year’s kick-off of trading. Speaking during the AfCFTA Business Forum 2020 to discuss the status of preparations to launch the continental trading, Muchanga said the launch of trading will facilitate the growth of African enterprise and enhance the capacity of industries producing goods to a wider population. Nigeria, which signed the AfCFTA agreement in 2019, officially ratified the agreement on 12 November. The instruments of ratification are expected to be received at the AU on Saturday, 5 December, the deadline for the...

Lekki shootings: Nigerian Army legal team submits report to General Buratai

The legal team set up by the Nigerian Army to represent the service at the ongoing Lagos State Judicial Panel of Inquiry on the alleged shooting of protesters at the Lekki Tollgate has submitted its report to the Chief of Army Staff (COAS), Lt-Gen. Tukur Buratai. The team, led by Akinlolu Kehinde, said the Nigerian Army was not under any form of trial over the alleged shooting at the Lekki Tollgate. The team has as members, the Director Legal Services of the Nigerian Army, Brigadier General M.U. Wambai, Samuel Agweh, Biola Oyebanji and Colonel Michael Ede. The report was received by the Chief of Policy and Plans (COPP), Lt-Gen Lamidi Adeosun, who represented the COAS. Presenting the five-page report, Kehinde said: “I want it to be clear that at no point in time was the Nigerian Army summon...

Former Zamfara deputy governor dumps APC for PDP

Mr Ibrahim Wakkala, immediate past Deputy Gov. of Zamfara, has announced his decision to dump the All Progressives Congress (APC) and join the Peoples Democratic Party (PDP). Wakkala made his decision known at a news briefing on Wednesday in Gusau. “There were several speculations making the rounds for about two years now over where I politically belong; hence I feel this is the right time to put the records straight. “I want to inform you that all this while, whether as a member of G8 group or not, I have remained a full card-carrying member of the APC. “Even though since the time of our crisis in 2019, the party did not consider us relevant as demonstrated, by not inviting or informing us of any of its activities. “I want to formally inform the general public that I have finally thrown t...