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OLU OF WARRI DISSOLVES EXECUTIVE OF ITSEKIRI NATIONAL YOUTHS COUNCIL

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OLU OF WARRI DISSOLVES EXECUTIVE OF ITSEKIRI NATIONAL YOUTHS COUNCIL
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The Olu of Warri, Ogiame Atuwatse III, has officially dissolved the executive of the Itsekiri National Youths Council (INYC). The announcement was made during a well-attended Itsekiri Youths Assembly, where the monarch cited the youth body’s failure to adopt a new constitution and conduct elections for new executives at both the national and chapter levels.

Reports indicate that the INYC has operated with executive positions filled by the selection of individuals loyal to certain leaders for nearly 30 years.

During the assembly, the Warri Monarch also stated that individuals over the age of 40 should not hold positions as youths in the Warri Kingdom.

In response, he appointed the Presidents of the National Association of Itsekiri Graduates (NAIG) and the National Association of Itsekiri Students (NAIS) to form a committee responsible for drafting a new constitution for the INYC. Chief Omolubi Newuwumi and Chief Wilson Olley will serve as advisers to this committee.

The constitution drafting committee, which is expected to include additional members, has until the end of January 2025 to complete its assignment, paving the way for the election of a new executive council for the INYC.

BOGIS INAUGURATES COMMITTEE TO DEMARCATE BOUNDARIES ALONG RIVER BANKS AND BUFFER ZONES IN MAIDUGURI

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BOGIS INAUGURATES COMMITTEE TO DEMARCATE BOUNDARIES ALONG RIVER BANKS AND BUFFER ZONES IN MAIDUGURI
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The Executive Secretary of the Borno Geographic Information System (BOGIS), Engineer Adam Bababe, has inaugurated a 13-member committee tasked with demarcating boundaries and regulating developments along riverbanks and buffer zones in Maiduguri, the state capital, with immediate effect.

During the inauguration on Tuesday at the BOGIS Board Room, Bababe appointed Town Planner TPl. Liman Gana Mustapha as the Chairman of the committee, while TPl. Modu Choromi will serve as the Secretary. Other members include Police Officer ASP Abba Bukar and the legal adviser of the agency, among others.

Bababe cautioned individuals against constructing structures along waterways and buffer zones, noting that 99.9% of properties developed in 2020 were deemed illegal, lacking government titles and approvals.

He recalled the devastating flood that struck many parts of Maiduguri on September 10, which resulted in an unspecified number of deaths and submerged critical infrastructure worth billions of naira. This disaster was exacerbated by the collapse of some dykes at Alau Dam and the presence of illegal structures on waterways.

The Executive Secretary emphasized that the state government would not compensate any demolished properties located along waterways or buffer zones that do not possess legal titles or approvals from relevant authorities.

Bababe highlighted that records at the agency indicate over 1,300 illegal structures have been marked for demolition since 2020. Despite the recent disaster, many individuals whose homes were swept away have begun reconstructing, which he warned could lead to future harm.

He stated that the committee has a two-week timeframe to complete its assignment and submit recommendations for the demarcation of boundaries and regulations regarding developments along the waterways. He reiterated that approximately 99.9% of illegally developed properties along the waterways and buffer zones are at risk of demolition without compensation.

“No title, no compensation. The government will not pay anyone without a title. It is a covenant between the government and its citizens to have titles as enshrined in the Borno State Land Use Act/Law of 1975/1976,” he asserted

IKEJA MAGISTRATES COURT DISMISSES SEXUAL ASSAULT CHARGES AGAINST EMMANUEL EMERUWA

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IKEJA MAGISTRATES COURT DISMISSES SEXUAL ASSAULT CHARGES AGAINST EMMANUEL EMERUWA
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An Ikeja Magistrates Court sitting in Ogba, Lagos, has dismissed a sexual assault charge brought by the Police against 42-year-old Emmanuel Emeruwa. Emeruwa was initially arraigned in June on a holden charge for allegedly sexually assaulting his five-year-old daughter in his Lagos residence.

Emeruwa pleaded not guilty to the charge and was remanded in Police custody while the presiding Chief Magistrate, Mr. B.O. Osunsanmi, ordered that the case file be forwarded to the Directorate of Public Prosecution (DPP) of Lagos State for legal advice.

Following legal advice issued by the DPP on June 24, 2024, Magistrate Osunsanmi determined that the defendant had no case to answer and subsequently struck off the one-count charge against him.

The court’s judgment stated: “Based on the advice of the DPP dated June 24, 2024, Reg No LIP/MISC/R/2024/114/8, it advised non-prosecution of the defendant. The defendant, Emmanuel Emeruwa, is hereby struck out. Case dismissed.”

A copy of the legal advice signed by Lagos DPP Dr. Babajide Martin indicated that the Police investigation did not establish any prima facie case against Emeruwa. The legal advice referenced a family meeting where the victim’s mother initially accused Emeruwa of sexually assaulting their daughter but later retracted the accusation, stating she had fabricated it out of anger.

The document reads: “After carefully considering the facts available in the duplicate case file, this office is of the view that a prima facie case of sexual assault by penetration, contrary to Section 261 of the Criminal Law Cap. C.17, Vol.3, Laws of Lagos State 2015, is not disclosed against the suspect, PG B1- Emmanuel Emeruwa.

“The facts in the duplicate case file revealed that the suspect and the complainants are constantly experiencing issues in their marriage, leading to physical assault on the suspect. During one of the numerous family meetings, the complainant accused the suspect of sexually assaulting the victim, only to later apologize for making the allegation out of anger.”

Asagba of Asaba Envisions Brighter Future for Delta North Region

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Asagba of Asaba Envisions Brighter Future for Delta North Region
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Professor Epiphany Azinge, recently crowned Asagba of Asaba, has expressed optimism for the future of the Delta North region. He extended his gratitude to the Delta North Traditional Rulers Forum (DNTRF) for their significant support during his coronation on October 5, 2024.

In a letter addressed to Dr. Emmanuel Efeizomor II, the Chairman of the Forum and Obi of Owa, the Asagba highlighted the importance of the traditional rulers’ presence at the ceremony, stating that it was a source of great encouragement for him and the people of Asaba. He emphasized that such solidarity would foster harmonious relationships between the traditional rulers and the diverse communities within Delta North.

Professor Azinge also offered prayers for the continued health and longevity of Dr. Efeizomor, wishing him a graceful reign on the throne of his ancestors.

The coronation ceremony saw a high-powered delegation from the DNTRF, including the 2nd Vice Chairman of the Delta State Traditional Rulers Council, Agbogidi Henry Kikachukwu I, and numerous other traditional rulers from across the Delta North senatorial district, reinforcing the unity and collaboration among the region’s traditional leadership.

IPOB ACCUSES NIGERIAN ARMY OF INTIMIDATION AND DISSEMINATING FAKE NEWS ABOUT MAZI NNAMDI KANU

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IPOB ACCUSES NIGERIAN ARMY OF INTIMIDATION AND DISSEMINATING FAKE NEWS ABOUT MAZI NNAMDI KANU
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The Indigenous People of Biafra (IPOB) has leveled serious accusations against the Nigerian Army, claiming that it is intimidating judges involved in the case of its leader, Mazi Nnamdi Kanu, through the dissemination of fake news. In a statement issued by IPOB’s Media and Publicity Secretary, Emma Powerful, the group dismissed as baseless the Army’s claims of arresting the “founding father of IPOB,” labeling it a tactic to mislead and intimidate judicial authorities.

IPOB contended that each time a court session related to Kanu approaches, the Nigerian Army resorts to fabricating stories about arrests or violence against its members. They criticized the Army for attempting to manipulate public perception and undermine the integrity of the judiciary.

The statement pointedly questioned the Army’s credibility, stating, “The history of how IPOB was founded is a matter of public knowledge that predates the childish antics by the media department of the Nigerian Army.” It also reiterated that Kanu is the recognized leader and founder of IPOB, accusing the Army of trying to create confusion by alleging the emergence of a new founder.

IPOB challenged the Army’s narrative, asking rhetorically, “Is the Nigerian Army ignorant of the leading count in the unlawful charges levelled against Mazi Nnamdi Kanu?” They demanded clarity on the identity of the alleged new founder, mockingly asking, “What sort of officer and gentleman will agree to be trotted out in front of cameras to make a mockery of the image of the Nigerian Army?”

The group expressed concern over what it termed the Army’s attempts to influence judicial outcomes whenever Kanu’s cases are scheduled. They called for the public to disregard the Army’s purported propaganda and emphasized their commitment to fighting against the unlawful proscription of IPOB, asserting that such efforts will ultimately fail.

In summary, IPOB condemned the Nigerian Army’s actions as lacking dignity and honor, urging an end to what they described as shameful tactics aimed at influencing the judiciary and misrepresenting their organization.

MIKE GODSON WINS BEST LEAD ACTOR AT BEFFTA AWARDS, CELEBRATING NOLLYWOOD’S GROWTH

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MIKE GODSON WINS BEST LEAD ACTOR AT BEFFTA AWARDS, CELEBRATING NOLLYWOOD’S GROWTH
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In a remarkable achievement for African cinema, Nollywood actor Mike Godson has been awarded Best Lead Actor at the Black Entertainment Film Fashion Television and Arts (BEFFTA) awards, which is the largest award ceremony in Europe and the UK celebrating black and ethnic talents worldwide. The event took place in London on October 26, 2024.

Godson’s acclaimed performance in the film Angry Black Woman played a pivotal role in securing this prestigious award, earning him admiration from fans and industry professionals alike. The film captivated audiences with its compelling narrative and strong characters, further solidifying its impact in the film industry.

In addition to Godson’s win, Angry Black Woman also triumphed in two other categories: Best YouTube Film and Best Supporting Lead Actress, awarded to Vera Aganaga.

Reflecting on his success, Godson expressed gratitude to his fans, cast, and crew for their unwavering support and dedication to the project. He noted that the film’s success underscores the growing influence and reach of African storytelling on global platforms, marking a significant boost for Nollywood’s presence internationally.

The BEFFTA awards continue to serve as an essential platform for recognizing black excellence across film, fashion, television, and the arts. Godson’s accomplishments at the 2024 ceremony represent a notable milestone for Nollywood, highlighting the industry’s rising influence and showcasing the exceptional talent of its actors on the global stage.

NIGERIA’S CRUDE OIL PRICE DROPS TO $72 PER BARREL, SPARKING NEW CONCERNS

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NIGERIA’S CRUDE OIL PRICE DROPS TO $72 PER BARREL, SPARKING NEW CONCERNS
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Fresh concerns have emerged as the price of Nigeria’s crude oil fell to $72 per barrel, down from $75 per barrel, marking an 8.2% shortfall against the reference price of $77.96 per barrel set in Nigeria’s 2024 budget.

Recent reports indicate that the price drop for Bonny Light and other crude oils was influenced by Israel’s limited response to Iran’s missile attack, which had been anticipated to severely impact oil supply and prices.

In parallel, the Organisation of Petroleum Exporting Countries (OPEC) reported that Nigeria’s oil output, excluding condensate, decreased to 1.324 million barrels per day (bpd) in September 2024, down from 1.352 million bpd in August, representing a 2% decline. Additionally, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) noted that total oil output, including condensate, fell to 1.544 million bpd in September 2024, down from 1.570 million bpd in August, reflecting a month-on-month decline of 1.7%.

This dual decline in both price and output raises concerns among experts about Nigeria’s ability to meet its 2024 budget projections.

CALL FOR DIVERSIFICATION FROM OIL DEPENDENCY

Mazi Colman Obasi, the National President of the Oil and Gas Services Providers Association of Nigeria (OGSPAN), emphasized the need for Nigeria to diversify its economy. He noted that after decades of oil and gas production, the country should have leveraged petroleum proceeds to develop its non-oil sectors. “It is very dangerous to put our eggs in one basket,” he stated in an interview with Vanguard.

Dr. Muda Yusuf, Director/CEO of the Centre for the Promotion of Private Enterprise (CPPE), echoed these sentiments, highlighting the potential adverse effects of the oil price drop on the nation’s revenue and foreign reserves. He remarked, “This is not a good development for our foreign reserves,” and questioned the contributions of the Nigerian National Petroleum Company Limited (NNPCL) to government coffers.

Despite the drop in oil prices, Yusuf cautioned that it would not necessarily lead to a decrease in energy costs for Nigerians, as oil prices remain a significant variable in determining fuel costs, including diesel, kerosene, and gas.

PHARMACEUTICAL SOCIETY OF NIGERIA CALLS FOR URGENT INAGURATION OF PHARMACY COUNCIL

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PHARMACEUTICAL SOCIETY OF NIGERIA CALLS FOR URGENT INAGURATION OF PHARMACY COUNCIL
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The Pharmaceutical Society of Nigeria (PSN) has urged the Federal Ministry of Health to expedite the inauguration of the Pharmacy Council of Nigeria (PCN) Council. This call came during a press conference addressing the upcoming PSN 97th Annual National Conference, themed “Ibom 2024,” scheduled to take place in Uyo, Akwa Ibom State.

PSN President, Prof. Cyril Usifoh, highlighted that the PCN has been without an active chairman since February 2024, resulting in stagnation of critical functions, such as the accreditation of training facilities and disciplinary procedures. He expressed deep concern over this delay, stating, “The absence of a functional PCN has left critical functions in limbo, impacting pharmacy training and, by extension, the quality of healthcare services in Nigeria.”

Usifoh urged the Ministry of Health to collaborate with the Ministry of Justice to expedite necessary waivers that would empower the PCN to enforce the PCN Act 2022 and effectively regulate pharmaceutical practices.

Additionally, Usifoh addressed the pressing issues faced by public sector pharmacists, including the looming threat of a strike by the Joint Health Sector Unions (JOHESU). He appealed to the Federal Government to honor existing agreements, especially regarding the adjustment of the Consolidated Health Salary Structure (CONHESS), and to fully implement the Consultant Pharmacist cadre across federal health institutions.

The PSN President also called for immediate actions, including the implementation of the adjusted CONHESS, enforcement of government circulars mandating the establishment of the Consultant Pharmacist cadre, payment of outstanding wages for workers in professional regulatory councils, and the suspension of the Drug Revolving Fund Standard Operating Procedure (DRF SOP).

Usifoh stressed the importance of timely negotiations between the government and JOHESU to prevent a potential healthcare crisis. He added that the upcoming conference aims to foster collaboration and unity within the pharmacy profession and will mark a significant transition with the election of a new president and other National Executive Council (NEC) members.

In conclusion, Usifoh expressed gratitude to PSN members for their support, emphasizing the achievements made during his tenure. He acknowledged that while challenges persist, a solid foundation has been laid for future progress. “We may not have completely solved all challenges, but we have laid a visible pathway for our successors to follow,” he stated.

MOTORISTS TRAPPED FOR HOURS ON DECREPIT DELTA HIGHWAY CALL FOR URGENT REPAIRS

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MOTORISTS TRAPPED FOR HOURS ON DECREPIT DELTA HIGHWAY CALL FOR URGENT REPAIRS
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Motorists and travelers were stranded for over four hours on the federal expressway between Sapele and Warri in Delta State, a journey that typically takes about 30 minutes under normal conditions. Frustrated commuters urged the Federal Government to take immediate action to repair the deteriorating highway.

During a stopover, NDV found that the contractor handling the road had diverted traffic to the Ibada-Elume and Aziza Junction on the Warri-Sapele Road without addressing the severe craters, exacerbating the situation. A significant gully at the Ibada-Elume end created further difficulties, with vehicles, including haulage trucks, struggling to navigate through it.

Motorists were forced to drive on one side of the road from Amukpe to the Aziza Junction, facing similar challenges in the opposite direction. At the Aziza junction, drivers had to shift to the only portion of the road open to traffic.

Felix Okotie, a Sapele resident who regularly uses the road, expressed his frustration, stating, “It is nightmarish. I spent over four hours from Amukpe-Sapele to Warri because of the bad road. Our government should take urgent steps to remedy the painful situation.” He noted ongoing construction on part of the road but criticized the contractor for not addressing the other side for motorists.

Another motorist, Mr. Ovo, heading to Ughelli, echoed the need for immediate repairs, saying, “Vehicles are struggling with only a section of the road. When they get to this pit, they scramble to dodge it, causing gridlock on both sides. My appeal is to the Federal Government to come urgently to do repair work on this road. Sapele to Warri should be a 30-minute journey, but we are forced by the state of the road to spend hours here.”

Passengers also voiced their concerns about the road conditions. Oluyemi, traveling from Warri to Sapele, lamented the numerous bad spots, noting that heavy rains made the situation worse as vehicles attempted to avoid potholes, slowing traffic significantly.

Stranded traveler Mordi urged the government to assess the situation firsthand, stating, “People are suffering. The government should come and see what Nigerians go through on this road and take urgent steps. Most of them are always on air; they are not familiar with the bad state of our roads.”

ADEWOLE ADEBAYO CALLS FOR DEMOCRATIC CHANGE IN NIGERIA

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ADEWOLE ADEBAYO CALLS FOR DEMOCRATIC CHANGE IN NIGERIA
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Social Democratic Party (SDP) leader and 2023 presidential candidate, Adewole Adebayo, has urged Nigerians to adopt democratic methods to replace the ruling All Progressives Congress (APC) and the opposition People’s Democratic Party (PDP).

Rejecting any calls for military intervention, Adebayo stated, “no matter what is at stake, the military is ruled out of governance.” In a tweet from his official handle, @Pres_Adebayo, he declared that opposition to the current government should be expressed through peaceful and democratic channels.

“Down with the government of @officialABAT should only mean that we want to use the ballot and the bully pulpit of civil society to effect a change of government and a change of direction,” he added.

Adebayo emphasized the importance of using votes as a powerful tool to bring about a new civilian government, highlighting that Nigeria’s future is intrinsically linked to democracy. He reiterated that change must come through electoral means, regardless of the level of dissatisfaction with the current administration.

GOVERNOR ALEX OTTI SACKS ABIA STATE UNIVERSITY VICE CHANCELLOR AND APPOINTS NEW MANAGEMENT TEAM

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GOVERNOR ALEX OTTI SACKS ABIA STATE UNIVERSITY VICE CHANCELLOR AND APPOINTS NEW MANAGEMENT TEAM
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Governor Alex Otti has dismissed Professor Onyemachi Ogbolu from his position as Vice Chancellor of Abia State University, appointing Professor Ndukwe Okeudo as his successor. This decision comes alongside the approval and upcoming release of the full report of the White Paper from the Visitation Panel that investigated the university’s management activities.

Prince Okey Kanu, the Commissioner for Information, made this announcement during a press briefing following the Executive Council meeting in Umuahia. He indicated that the new appointments will take effect on November 1, 2024, and will include a revamped Management team and Governing Council for the institution.

The newly appointed Management team features prominent figures, including former Speaker of the Abia State House of Assembly, Rt. Hon. Agwu U. Agwu, who will serve as Pro-Chancellor, and Mrs. Cathrine Uju Ifejika as Chancellor. Dr. Onwubiko Dike has also been named as a member of the Governing Council. Additional members include two Deputy Vice Chancellors, a new Bursar, four members of Senate, two congregation representatives, one Convocation member, and a representative from the State Ministry of Tertiary Education.

The Commissioner emphasized that the approval of the White Paper is part of Governor Otti’s commitment to reforming the education system and improving conditions in Abia State. He explained that the Visitation Panel was established to identify challenges facing the university and propose solutions.

“The first in the series of reforms that would take place there has commenced with the appointments that have been made,” Prince Kanu stated, highlighting the administration’s dedication to fostering educational advancement in the state.

ABUJA TO TRANSFORM UNDER TINUBU’S TENURE, SAYS FCT MINISTER NYESOM WIKE

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ABUJA TO TRANSFORM UNDER TINUBU’S TENURE, SAYS FCT MINISTER NYESOM WIKE
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The Minister of the Federal Capital Territory (FCT), Mr. Nyesom Wike, has projected significant changes to Abuja by the end of President Bola Tinubu’s first term in 2027, attributing this transformation to extensive infrastructural development.

Wike made this statement during the inauguration of the upgrading of War College/Army Checkpoint Road and other ancillary roads in Ushafa, Bwari Area Council, on Monday. He emphasized that by the conclusion of this administration, Abuja would be markedly different in terms of infrastructure.

Beyond the capital itself, Wike highlighted that the area councils are also undergoing transformation, with more than 15 projects currently in progress. He noted that three additional projects are slated for inauguration in satellite towns.

“When we came on board, I did say that under Tinubu’s administration, when he makes a promise, all you need to do is be patient; that promise would be fulfilled,” Wike stated. He emphasized the importance of accountability, urging citizens to hold their elected officials responsible for their commitments.

Wike challenged skeptics of the Tinubu administration’s accomplishments, insisting that the achievements in the six area councils over the past year are verifiable facts rather than propaganda. “This is just one year and a few months. Mr. President has been in office, but see what he has done in terms of infrastructure in area councils,” he remarked, prompting speculation about the potential advancements by the end of Tinubu’s four-year term.

In addition to road infrastructure, Wike revealed that the Tinubu-led government has signed a Memorandum of Understanding with a Chinese company to provide potable water to the Kwali, Gwagwalada, and Kuje area councils. He urged residents of the FCT to support the Tinubu administration in its efforts to benefit the people.

Wike clarified that the project to upgrade the War College/Army Checkpoint Road and related roads began prior to the current administration. The 18-kilometer road project, awarded to Abdul Val Limited on September 28, is expected to be completed within 18 months. Wike expressed satisfaction with the progress made and the commitment of local contractors to the project, reflecting Tinubu’s directive to empower indigenous contractors who demonstrate capacity and willingness to work.

VINICIUS JR. COMMITS TO FIGHTING RACISM DESPITE BALLON D’OR SETBACK

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VINICIUS JR. COMMITS TO FIGHTING RACISM DESPITE BALLON D’OR SETBACK
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Brazil and Real Madrid forward Vinicius Jr. has expressed his commitment to continue fighting against racism, even if his activism is perceived as a reason for not winning the Ballon d’Or. Following the announcement that he finished second in the prestigious award voting—behind Manchester City midfielder Rodrigo—Vinicius took to social media to reaffirm his stance.

Vinicius stated, “I will do it 10 times if I have to. They’re not ready,” referring to his ongoing battle against racism in football. His remarks followed Real Madrid’s decision to boycott the Ballon d’Or ceremony in Paris, anticipating that he would not win the award.

Sources close to Vinicius indicated that his activism was a contributing factor to the award outcome, suggesting that “the football world is not ready to accept a player who fights against the system.” This reflects the broader issues of racism within the sport, which Vinicius has faced on multiple occasions in Spain.

While Vinicius did not win the Ballon d’Or, Real Madrid secured the Men’s Club of the Year award, and manager Carlo Ancelotti was named Men’s Coach of the Year after leading the team to a successful season.

Following the announcement, Vinicius received an outpouring of support from teammates. Eduardo Camavinga shared a message on X (formerly Twitter), stating, “FOOTBALL POLITICS X. My brother, you are the best player in the world, and no award can say otherwise. Love you, my bro.” Many teammates echoed similar sentiments, celebrating Vinicius as the best player despite the award results.

Renowned Brazilian footballer Marta expressed her disappointment, stating, “I waited all year for Vini Jr to be deservedly recognized as the best player in the world, and now they come to tell me that the Ballon d’Or is not for him.”

Vinicius Jr.’s unwavering stance against racism in football highlights the ongoing struggles faced by athletes in addressing systemic issues within the sport. Despite not winning the Ballon d’Or, his influence and contributions to Real Madrid’s success, as well as his commitment to social justice, resonate with fans and fellow players alike. The support he has garnered reinforces the sentiment that his impact goes beyond awards and recognition, as he continues to advocate for change in the football community.

Halden McCall PLC: Approval for Listing on the Nigerian Exchange

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Halden McCall PLC: Approval for Listing on the Nigerian Exchange
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Halden McCall PLC, a leading player in the real estate and hospitality sector, has received approval for the listing of N11.98 billion ordinary shares by Introduction on the Nigerian Exchange Limited (NGX). This marks a significant milestone for the company and the Nigerian capital market.

Key Details of the Listing

  • Share Information: Halden McCall will list 3.122 billion ordinary shares at a price of N3.84 per share, totaling N11.98 billion.
  • Listing Date: The shares are set to be listed on November 20, 2024, on the Main Board of NGX.
  • Market Impact: This listing is anticipated to increase the market capitalization of NGX by N11.98 billion.

The company will follow the listing with a “Facts Behind the Listing” presentation, an event designed for newly quoted companies to share their status and future plans with securities dealers, also known as stockbrokers. This initiative is part of Halden McCall’s commitment to transparency and effective communication with the market.

Significance of the Listing

Listing by Introduction indicates that Halden McCall has met all the necessary listing requirements set forth by NGX. This achievement underscores the company’s dedication to corporate governance, transparency, and building investor confidence.

Dr. Edward Akinlade, the Group Managing Director, expressed enthusiasm about the listing, stating, “The upcoming listing of our Company’s shares on NGX is a milestone. We are thrilled to join the NGX community of prestigious companies. The listing shall enhance our ability to provide our shareholders with liquidity and accessibility. It will also enable us to tap into the capital market, drive growth and expansion.”

About Halden McCall PLC

Halden McCall PLC is well-known for its Suru Express Hotels and Suru Homes brands across West Africa. The company has established a strong presence in the emerging markets of Africa, owning prime properties in various locations for future development.

Looking ahead, Halden McCall plans to develop 45 budget hotels under the Suru Express brand and 100 units of affordable residential estates to align with the Federal Government’s initiative for housing for all. This ambitious expansion is part of the company’s strategic vision to enhance its offerings and support national housing goals.

Conclusion

The approval for Halden McCall PLC’s listing on the NGX is a pivotal moment for the company, offering new opportunities for growth and expansion in the real estate and hospitality sectors. This move not only reflects the company’s strong market position but also contributes to the broader economic landscape in Nigeria.

Overview of the 16th BRICS Summit: A New Era in Global Cooperation

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Overview of the 16th BRICS Summit: A New Era in Global Cooperation
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The 16th BRICS Summit, held from October 22 to 24, 2024, in Kazan, Russia, marked a significant moment in the evolution of the group, which expanded from BRIC to BRICS+. This year’s summit, themed “Strengthening Multilateralism for Fair Global Development and Security,” welcomed five new members: Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE).

This gathering, attended by leaders and representatives from over 20 countries, highlighted a shift in global dynamics. It served as a testament to Russia’s continued influence, despite Western efforts to isolate it following the Ukraine invasion and earlier events like the annexation of Crimea. The summit not only emphasized the resilience of Russia but also showcased its strong ties with countries in the Global South.

Key Outcomes and Significance of the Kazan Declaration

One of the primary aims of the summit was to foster an alternative to the existing Western-dominated global governance structures. The Kazan Declaration that emerged from the summit included several critical agreements:

  1. UN Security Council Reform: The declaration called for a reformed United Nations Security Council, advocating for the inclusion of the State of Palestine in the UN, contingent upon a two-state solution agreement.
  2. Alternative Financial Systems: Leaders discussed the feasibility of establishing an independent cross-border settlement system, moving away from the SWIFT network, which is primarily influenced by Western powers. There were also suggestions to utilize national currencies and payment systems to enhance financial autonomy.
  3. Strengthening the New Development Bank (NDB): The summit proposed invigorating the NDB, established in 2014, to provide member countries with enhanced financial resilience against external shocks.

Nigeria’s New Role as a BRICS+ Partner Country

A notable highlight for Nigeria was its designation as one of 13 partner countries to BRICS+, alongside Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Thailand, Turkey, Uganda, Uzbekistan, and Vietnam. This status raises questions about its implications:

  • Partner Country Designation: While the criteria for becoming a partner country remain unclear—unlike the structured membership requirements of entities like the European Union—it suggests that these nations have expressed interest in joining or are being considered for future membership.
  • Geopolitical Considerations: The selection of partner countries seems to align with strategic geopolitical considerations, similar to the factors influencing the last expansion at the 15th summit. For instance, Ethiopia‘s inclusion is significant due to its rapid economic growth and role as the seat of the African Union, while Egypt serves as a critical link between Africa and the Arab world.

The Implications of BRICS+ Expansion

The admission of major oil producers like Saudi Arabia and Iran into BRICS+ signifies a potential reconfiguration of global energy politics. Saudi Arabia’s alignment with BRICS brings it into an economic bloc with China, the world’s largest oil importer. This move could reshape energy trade dynamics and foster collaboration among OPEC+ members.

The broader implications of these developments point to a growing desire among BRICS nations to challenge established power structures, such as the G20. As the African Union was recently admitted as the 21st member of the G20, BRICS+ aims to position itself as a counterbalance to such groupings.

Conclusion

The 16th BRICS Summit in Kazan underscored a critical moment in international relations, with the group emerging as a formidable force advocating for multilateralism and equitable global governance. The expansion of BRICS+ and the formation of strategic partnerships among member countries reflect a shifting landscape in global politics, where traditional power dynamics are increasingly challenged. For nations like Nigeria, this partnership represents a unique opportunity to engage in meaningful dialogue and collaboration that could enhance their economic and political standing on the world stage.

Honoring the Legacy of Dr. Ogbonnaya Onu: A Visionary Leader

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Honoring the Legacy of Dr. Ogbonnaya Onu: A Visionary Leader
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The late Dr. Ogbonnaya Onu carved a significant niche in Nigeria’s political and intellectual landscape as a distinguished scholar and political leader. His life and career reflect a deep dedication to national development, resilience, and an unwavering commitment to uplifting his community and country.

Born on December 1, 1951, in Uburu, Ebonyi State, Dr. Onu’s early academic pursuits laid the groundwork for a remarkable career. He earned his first degree in Chemistry from the prestigious University of Lagos, followed by a master’s degree and doctorate in Chemical Engineering from the University of California, Berkeley, and the University of California, Los Angeles (UCLA). His academic journey included teaching positions at notable institutions like the University of Port Harcourt and the University of Nigeria, Nsukka, where he contributed significantly to Nigeria’s scientific community through his research.

Dr. Onu entered the political arena in the early 1990s, becoming the first democratically elected governor of Abia State in 1991. Despite a short tenure, his leadership was marked by transformative policies focusing on public infrastructure, education, health care, and agriculture. He faced numerous challenges, including political turbulence and economic constraints, yet maintained a forward-looking vision that laid the groundwork for the state’s future growth.

A founding member of the All Progressives Congress (APC), Dr. Onu’s political journey expanded when he served as the Minister of Science and Technology under President Muhammadu Buhari. In this capacity, he established the National Science, Technology and Innovation Roadmap (2017-2030), positioning Nigeria as a leader in these fields. He passionately advocated for scientific advancement and innovation, emphasizing the importance of harnessing the nation’s human resources for economic growth through technology.

One of his notable contributions was his unwavering advocacy for the commercialization of scientific research, aiming to ensure that academic findings translate into practical applications for the benefit of society. His efforts led to the establishment of various science and technology parks, fostering collaboration between academia and industry.

Beyond his technocratic roles, Dr. Onu was known for his integrity and exemplary leadership qualities. He embodied principles of honesty, fairness, and humility, engaging with citizens to listen to their concerns. His dedication to ethical leadership underscored his belief in good governance, transparency, accountability, and the rule of law as essential catalysts for development.

Dr. Onu was also a respected elder statesman and mentor, guiding the younger generation towards values of education, hard work, and patriotism. He emphasized the importance of youth empowerment, aiming to equip young Nigerians with the skills and opportunities necessary for community upliftment and nation-building.

His commitment extended beyond Nigeria, as he represented the country at various international forums, advocating for collaboration on global issues like climate change and sustainable development. His efforts to position Nigeria as a critical player on the world stage reinforced the potential for leveraging resources and human capital for national and global benefit.

As Dr. Onu’s mortal remains journey to their final resting place on November 8, it is crucial to recognize the transformative potential of visionary leadership he exemplified. In a world often clouded by challenges, he embodied hope, progress, and a relentless commitment to just causes. Dr. Onu shines as a beacon for current and future leaders who seek to navigate complex landscapes with integrity and service.

His ability to envision a better Nigeria and his selfless dedication to humanity serve as powerful examples. Though he is no longer with us, his legacy will continue to inspire future generations, shaping Nigeria’s future and cementing his place among the nation’s most respected political leaders.

Nwankwo, an inventor and entrepreneur, writes from Emene, Enugu State.

Rising Artist Double XL Set to Release Anticipated EP “On My Way”

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Rising Artist Double XL Set to Release Anticipated EP “On My Way”
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Double XL, born Nwakor C. Meshach, is gearing up for the release of his highly anticipated EP, “On My Way.” Hailing from Delta State but originally from Anambra State, Double XL’s artistic journey began in his youth, transitioning from dancing at events to joining cultural dance groups, which ignited his passion for performance and led to the creation of this compelling EP.

A Personal Journey

“On My Way” is more than just a collection of songs; it represents Double XL’s journey of self-discovery and his determination to carve out a place for himself in the music industry. He states, “This EP conveys a message to the world: I am here, and I am claiming my place in the industry.”

Standout Tracks

The EP features several standout tracks, including:

  • “Diamonds and Pearls,” which showcases a collaboration with Afro-pop artist Biggest Savage. This track blends unique soundscapes, highlighting Double XL’s individuality and rare talent.
  • “Shayo” addresses themes of heartbreak and betrayal, providing listeners with a sense of healing through its heartfelt lyrics.
  • In “God’s Willing,” Double XL expresses gratitude for the clarity and vision his spirituality has provided, emphasizing the importance of his relationship with God.
  • “Best Buddies,” featuring Vehnorm, is an ode to a captivating girl, while “Loving” resonates with anyone seeking reassurance from a crush, showcasing his appreciation for Afro-pop.
  • The closing track, “Gospel Gangsta,” serves as a defining anthem, reflecting Double XL’s commitment to spreading positivity through music. He describes it as “about being a gospel preacher reaching out to the streets in a language people can understand.”

An Inspirational Voice

Through “On My Way,” Double XL aims to connect with his audience and inspire positivity in a world often filled with negativity. He shares, “My sound speaks to my soul, so I am careful with my words. I want to pass on a positive message in the best way possible.”

Born on November 1, 1998, Double XL is a rising star with a compelling story and a powerful voice. With this EP, he sets a powerful example for artists across Africa, not just through his soulful melodies but also with his clear mission to uplift and inspire others.

PICK ‘N PAY TO EXIT NIGERIA AMID CHALLENGING BUSINESS ENVIRONMENT

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PICK ‘N PAY TO EXIT NIGERIA AMID CHALLENGING BUSINESS ENVIRONMENT
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Pick ‘n Pay, the South African retail giant, has announced its decision to exit the Nigerian market as part of a broader restructuring strategy beyond its home territory. CEO Sean Summers made this statement on Monday, highlighting the ongoing challenges faced by multinationals operating in Nigeria.

Background on Nigerian Operations

Pick ‘n Pay entered Nigeria less than five years ago through a partnership with A.G. Leventis (Nigeria). However, its exit adds to a troubling trend of multinational companies withdrawing from the Nigerian market.

This development follows similar moves by other retailers, such as Shoprite, which closed its Abuja store on June 24 after assessing its financial performance amid the current business climate. Notably, Shoprite had previously shut down its Kano store in January 2024.

Broader Industry Trends

The retail sector is not the only one experiencing difficulties; Jumia, a prominent e-commerce platform, also announced the closure of its food delivery service, Jumia Food, in Nigeria in December 2023. Jumia cited unfavorable market conditions as the reason for this decision, which reflects a broader trend of multinational corporations reassessing their operations in the country.

Other notable exits include GlaxoSmithKline (GSK) Consumer Nigeria Plc, Procter & Gamble, Sanofi, and Kimberly-Clark, all of which have left Nigeria due to the challenging business environment.

The exit of Pick ‘n Pay and other multinationals signifies a worrying trend for the Nigerian economy, raising concerns about the country’s attractiveness to foreign investors. As these companies reevaluate their strategies, the impact on local employment and economic growth remains to be seen.

HON. AHMED SATOMI DISTRIBUTES WHEAT TO FLOOD VICTIMS IN JERE FEDERAL CONSTITUENCY

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HON. AHMED SATOMI DISTRIBUTES WHEAT TO FLOOD VICTIMS IN JERE FEDERAL CONSTITUENCY
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Hon. Ahmed Satomi, the member representing Jere Federal Constituency in Borno State, has initiated the distribution of 25kg assorted bags of wheat to approximately 5,600 constituents. This effort aims to provide relief to those affected by the recent flooding that severely impacted Maiduguri and the Jere local government areas.

Response to the Flood Disaster

The flood, which occurred on September 10, 2024, resulted in widespread destruction, prompting Hon. Satomi to take action. He had previously donated N200 million to the Borno State Government’s Relief and Disbursement Committee and allocated an additional N100 million in cash assistance directly to victims in his constituency.

At the unveiling of the wheat distribution on Tuesday at the Old Maiduguri Progressives House, Satomi highlighted that the bags of wheat primarily originated from Satomi Integrated Farms Ltd. The distribution effort kicked off with 1,051 beneficiaries from Maimusari and Mashamari Wards and is set to extend to all remaining wards in the constituency.

Ongoing Support

The initiative is aligned with the Borno State Governor Babagana Zulum‘s appeal for well-to-do individuals to assist the government in addressing the hardships faced by the community during this challenging time. Hon. Satomi emphasized that this distribution is just one part of ongoing efforts to support flood victims, stating that more initiatives will follow.

He acknowledged the severe economic challenges that Nigerians, particularly those in Jere, are facing. Satomi urged patience with the government’s current policies, assuring constituents that there will be light at the end of the tunnel.

Personal Impact and Commitment

Expressing his own losses, Satomi shared that he lost 2,000 hectares of rice crops during the flooding. He encouraged constituents to view their difficulties as part of a larger divine plan and reiterated his commitment to supporting them both economically and otherwise as their representative in the national assembly.

In conclusion, the wheat distribution serves not only as immediate relief for those affected by the floods but also as a demonstration of Hon. Satomi’s dedication to the welfare of his constituents in Jere Federal Constituency.

LANDOWNERS OF OGBE-OZONA QUARTERS REJOICE OVER POLICE INTERVENTION IN LAND GRABBING CASE

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LANDOWNERS OF OGBE-OZONA QUARTERS REJOICE OVER POLICE INTERVENTION IN LAND GRABBING CASE
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Landowners from the Ogbe-ozona Quarters of Okpanam, located in the Oshimili North Local Government Area of Delta State, expressed their gratitude for the proactive intervention of Inspector General of Police Kayode Egbetokun regarding the alleged illegal seizure of their land.

Community Response

In a statement issued to journalists in Owerri, signed by community leaders including Chief Felix Okafor, Mr. Sunday Nwanze, Mr. Lucky Abuah, and Mr. Chinedu Ofuani, the community emphasized their appreciation for the Inspector General’s commitment to conducting a thorough and transparent investigation into the matter. They noted that this development could potentially put an end to the ongoing criminal activities affecting their community, and they look forward to exposing the illegal actions of those involved.

The landowners expressed concern over the possibility of serious criminal offenses, such as illegal possession of firearms and aggravated murder, being reduced to lesser charges like forceful entry. They characterized such outcomes as compromises that undermine the pursuit of justice, citing strong evidence against the suspects involved.

Legal Support

The community’s legal counsel, Bar Ifeanyi Ejiofor, commented on the Inspector General’s intervention, stating that similar petitions had been submitted to the Chairman of the Police Service Commission and the Attorney General of the Federation, and they are awaiting responses from those bodies. Ejiofor expressed optimism that the recent developments signal a positive change for the Ogbeozoma community, indicating that there may finally be light at the end of the tunnel in their quest for justice.

Background of the Issue

The Inspector General’s directive came in response to a petition dated September 23, 2024, which detailed a series of criminal activities allegedly perpetrated by a notorious land grabber named Chinedu Okeke (also known as Ekwe Ogidi) and his accomplices. The petition outlined disturbing claims of police complicity in the undermining of investigations and highlighted the violent trespassing, property destruction, and murder incidents affecting the Ogbeozoma community.

The landowners noted that certain law enforcement officers had been implicated in aiding the ongoing injustices, which they believe has allowed for the continuous harassment of their peaceful community.

Conclusion

The Ogbe-ozona landowners remain hopeful that the intervention by the Inspector General will lead to meaningful changes in their situation, ensuring their rights are upheld and justice is served against those who have perpetrated violence and land grabbing in their community. The collective voices of the community leaders reflect a determined stand against the injustices they have faced and a commitment to restoring peace and order in Ogbeozoma Quarters.

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