Ventures
US Senators urge Joe Biden to impose more sanctions on Myanmar junta
A bipartisan group of U.S. senators on Tuesday urged the Biden administration to slap more sanctions on the military junta in Myanmar, including choking revenues to a state energy company, in response to its coup and violent crackdown on protesters. Senators Jeff Merkley, a Democrat, and Marco Rubio, a Republican, and four others urged Secretary of State Antony Blinken and Treasury Secretary Janet Yellen in a letter to “explore new avenues to support the people of Burma in their ongoing struggle for democracy in the face of escalating crimes against humanity.” They want the Biden administration to stop royalties flowing from businesses including U.S. energy major Chevron to Myanmar Oil and Gas Enterprise, or MOGE, an agency within the energy ministry, that provides financial support to mil...
Ekiti moves to reposition MSMEs for economic growth
Ekiti State Government has expressed its determination to enhance the growth of Micro, Small and Medium Enterprises (MSMEs) to boost economic prosperity of the state. The government had before now reconstituted a 22-member Council to address the myriad of challenges confronting MSMEs in Ekiti , with intention to upscale industrial growth and development . The Commissioner for Investment, Trade and Industry, Mr Muyiwa Olumilua, stated this during a one-day sensitisation workshop with the theme: “Making Economy A Private Driven Economy” held in Ado Ekiti. He said the state government will partner federal government and corporate agencies to facilitate opportunities for business owners in the state. Olumilua at the event, which brought together medium and small scale business owners from acro...
Foundation feeds 1,000 Calabar orphans at yuletide
The Romeo Odey Cares Foundation has visited Infant Jesus Orphanage Home and Good Samaritan Home, both in Calabar, Cross River State, feeding over 1,000 orphans as part of its mission to cater for the most indigent members of society. A statement delivered to newsmen by the Brand Manager of the Foundation, Gidyon Thompson, explained that the gesture extended to helpless children from the streets of Calabar. The foundation, owned by network marketing expert Romeo Odey, said the gesture was a way of giving back to society. According to him, the move is part of Odey’s decision to affect humanity positively. He urged the federal and state government to step up and take responsibility for the children on the streets to avert impending doom. He added that the serial entrepreneur would launch two ...
Federal government launches portal for exited N-Power beneficiaries to apply for central bank empowerment options
The federal government has launched a portal for exited N-Power beneficiaries to apply for Central Bank of Nigeria, CBN, empowerment options. Ministry of Humanitarian Affairs, Disaster Management and Social Development, which announced the launch of the portal in a statement, explained that the platform was developed in collaboration with the CBN. The platform, according to the statement released, Friday, by Nneka Anibeze, Special Assistant to the Minister, Sadiya Umar Farouq,” will enable exited N-Power beneficiaries to log on and apply for the various economic, empowerment and entrepreneurship options provided by the CBN.” In the statement signed by the Permanent Secretary of the ministry, Bashir Nura Alkali, the Minister Sadiya Umar Farouq urged and encouraged interested exited benefici...
NNPC explains parameters for employment, career progression
The Nigerian National Petroleum Corporation (NNPC) has explained the parametres for employment as well as career progression in the corporation, using the recently concluded Graduate Trainee employment process as well as top Management promotion exercise executed by the corporation as an illustration. The National Oil company says unblemished academic competence, logical thinking, ability to engage meaningfully in problem solving in addition to federal character are key to becoming an employee of the corporation. To progress in the Management cadre, professional competence, accountability and transparency as well as ensuring national spread in top management positions are critical factors that are not negotiable. Explaining the parametres, NNPC Group General Manager, Group Public Affairs D...
