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NSITF raises N180 billion from employers’ enrollment in 10 years

The Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Dr. Michael Akabogu, has revealed that the agency has raised N180 billion from employers’ enrollment from July 2011-May 30, 2021. He also said that plans were afoot to plug revenue leakages, even as he warned the public to be wary of fraudsters masquerading as agents of NSITF. At an interactive session with Finance Journalists in Abuja on Thursday, Akabogu also stated that the scheme has registered almost 200,000 employers. Out of this number, 170,000 employers are actively involved in the scheme by making their contributions steadfastly. He added: “We have collected both from the private sector who have contributed about 80% of the total revenue and we have collected from the government and all other agencies, so we...

NNPC commits to ensuring energy sufficiency, wealth creation for Nigerians

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to ensuring effective stewardship of the nation’s hydrocarbon resources to guarantee energy security and drive wealth creation in Nigeria. The Group Managing Director of NNPC, Mallam Mele Kyari, made this assertion while delivering the keynote address at the 2021 Nigeria Oil and Gas Conference and Exhibition (NOG 2021) on Tuesday in Abuja. Speaking on the topic: “Vision and Priorities for Nigeria’s Energy Transformation,” Mallam Kyari stated that for a nation with a teeming youth and a developing economy, Nigeria needed the right policies to unlock its huge economic potential, stressing that NNPC was working towards bridging the energy gap to multiply wealth for its varied stakeholders. “We see a nation that m...

Chris Alao-Akala, Sunday Dare applaud Senator Ajimobi’s legacies

Former Gov. Christopher Adebayo Alao-Akala of Oyo State and Minister of Youth and Sports Development, Mr Sunday Akin Dare, have applauded the late former Governor of the state, Sen. Abiola Ajimobi’s legacies. The duo, in their separate statements made available to newsmen on Friday, described the late former governor as a focused and committed statesman. Newsmen report that Ajimobi died on June 25, 2020, following reported complications arising from COVID-19 infection. Ajimobi, who died at the age of 70, was the first civilian governor to rule the state for two consecutive terms. NAN also reports that the late Ajimobi was, until his death, the Aare of Ibadanland and Deputy National Chairman (South) of APC. Alao-Akala, in a statement signed by his Media Aide, Tolu Mustapha, said that he now...

Lagos registers over 400 money lenders, vaccinates 2,500 intending pilgrims

Lagos State Government has disclosed that it has registered over 400 money lenders in the last two years, just as it noted that it has also vaccinated over 2,500 intending pilgrims for the next hajj. Making this disclosure at a ministerial press briefing to commemorate the second year in office of the state Governor, Babajide Sanwo-Olu, at the Press Centre in Ikeja yesterday, the state Commissioner for Home Affairs, Prince Anofiu Elegushi, stated that the ministry is in partnership with the Money lending sector in a way that most of such organisations are mandated to register with the ministry for the coordination of their activities. According to him, “In return, the ministry has registered, profiled and monitored the viability of such companies to ensure that while the money lenders are ...

SERAP urges President Buhari to tell Nigerians spending plan for James Ibori loot, others

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “urgently direct Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning to disclose spending details of the $700 million looted funds reportedly recovered by the Federal Government in the past four years, including the list and location of projects completed with the money, as well as details of the contractors that executed the projects.” SERAP also urged him to “direct Mrs Ahmed to disclose how the government plans to spend the returned £4.2m Ibori loot, including details of planned capital expenditure, and whether there is any plan to ensure that the money and any future returned Ibori loot would be spent to achieve justice and effective remedies for victims of corruption in...

Apple’s App Store hosting multi-million dollar scams – developer

Mobile app developer Kosta Eleftheriou has a new calling that goes beyond software development: taking on what he sees as a rampant scam problem ruining the integrity of Apple’s App Store. Eleftheriou, who created the successful Apple Watch keyboard app FlickType, has for the last two weeks been publicly criticizing Apple for lax enforcement of its App Store rules that have allowed scam apps, as well as apps that clone popular software from other developers, to run rampant. These apps enjoy top billing in the iPhone marketplace, all thanks to glowing reviews and sterling five-star ratings that are largely fabricated, he says. Up to now, I’ve been in the “Apple *wants* to do the right thing” camp. My viewpoint is starting to change. How to spot a $5M/year scam on the @AppS...

PDP raps President Buhari over performance claims

The Peoples Democratic Party, PDP, yesterday berated President Muhammadu Buhari over his stewardship in the past five years, saying he has failed to justify the confidence reposed in him by Nigerians. This is even as the party noted Mr. President’s “illusory self-assessment” has validated its position that “he has since abandoned governance for the luxury and pleasures of Aso Presidential villa, having lost sync with the reality of the devastation his incompetent administration has brought to our nation in the last five years.” In a statement signed by its spokesman, Kola Ologbondiyan, the PDP insisted “that every fair criticism of Buhari’s administration only reveals a litany of failures and a reversal of fortune for our country in the last five years,” adding that, “it is unfortunate tha...

UEFA Nations League: France draw Belgium, Italy to face Spain in semi-finals

The draw for the UEFA Nations League finals has been conducted, with World Cup holders France set to square off against world number ones Belgium while hosts Italy face Spain next October. The European governing body rubber-stamped Milan and Turin as the cities set to welcome the second edition of the tournament’s showpiece last four event on Thursday, confirming that the Group 1A winners would be on home soil. Roberto Mancini’s Azzurri will welcome La Roja under the stewardship of Luis Enrique to San Siro on October 6, while Didier Deschamps’ Bleus will face Les Diables Rouges led by Roberto Martinez at Allianz Stadium a day later. The winners will then meet in Milan three days later on October 10, with the third-place play-off unfolding in Turin upon the same date. The second semi-final ...

Accessing Breakthroughs Via Kingdom Stewardship!

Welcome to another exciting week! I hope you were blessed by last week teaching. This week, we shall focus on: Accessing Breakthroughs via Kingdom Stewardship! We discovered that every commandment of Scriptures is for our profiting and serving God and the interests of His Kingdom is one of such commandments, which undeniably carries great profits because it guarantees our access to realms of noiseless breakthroughs. For instance, we are commanded to seek first the well-being, advancement and enlargement of the Kingdom and things others are struggling to get shall be ‘sweatlessly’ added to us. As it is written, But seek ye first the kingdom of God, and his righteousness; and all these things shall be added unto you (Matthew 6:33). Therefore, living a Kingdom driven priority life; that is, c...