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ABIA REP ALEX IKWECHEGH INTERROGATED OVER ASSAULT ON BOLT DRIVER

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The Maitama Police Division in Abuja is currently interrogating Mr. Alexander Ikwechegh, a member of the House of Representatives from Abia State, following an incident involving alleged assault on a Bolt driver, Mr. Stephen Abuyatseya. The confrontation occurred after Abuyatseya delivered a package requested by Ikwechegh.

FCT Commissioner of Police, Mr. Olatunji Disu, has directed a thorough investigation into the incident, promising appropriate legal action upon its completion.

A video of the altercation circulated widely on social media, showing Ikwechegh berating the Bolt driver for requesting to pick up his belongings from the car. The legislator was heard declaring, “Do you know who I am? I will not pay you, and nobody can do anything. Go and call the Inspector General of Police.” In response, Abuyatseya, seemingly unaware of Ikwechegh’s political status, insisted on receiving payment, stating, “I don’t care to know who you are. Just pay me my money and let me go.” This led to Ikwechegh allegedly slapping Abuyatseya twice.

The incident has sparked outrage online, with many calling for Ikwechegh’s arrest. In a statement, Josephine Adeh, spokesperson for the FCT Police Command, confirmed they received a report of the incident, which took place on October 27, 2024, at a residence on Zamfara Crescent in Maitama. The police expressed grave concern over Ikwechegh’s apparent contempt for law enforcement, particularly after he allegedly dismissed Abuyatseya’s demand to contact the Inspector General of Police.

The statement continued, “Currently, the suspect is at the Maitama Police Station undergoing questioning. The command is committed to conducting an impartial investigation and ensuring justice in all cases.”

In response to the incident, the All Progressives Grand Alliance (APGA), the political party on which Ikwechegh was elected, condemned his actions. National Publicity Secretary Mazi Ejimofor Opara issued a statement emphasizing the party’s founding principles of respecting human rights and condemning violence, stating, “The recent video allegedly showing Ikwechegh assaulting a cab driver is unacceptable and runs counter to what our party represents.”

FEMI GBAJABIAMILA PROVIDES RELIEF FOR RESIDENTS OF DILAPIDATED BUILDINGS IN SURULERE

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The Chief of Staff to the President, Mr. Femi Gbajabiamila, has taken decisive action to assist residents of 15 buildings marked for demolition in the Iponri Low-Cost Housing Estate, Surulere, Lagos. This intervention follows the Lagos State Building Control Agency’s (LSBCA) identification of these dilapidated structures as posing significant risks of collapse, endangering the lives of their occupants.

An emergency community stakeholders meeting, organized by Gbajabiamila, served as a platform for discussing the urgent situation. He was represented by Fuad Laguda, the lawmaker for the Surulere 1 federal constituency, and Barakat Odunuga-Bakare, the Special Adviser to the Lagos Governor on Housing. The meeting also featured the Chairman of Surulere Local Government, Suleiman Bamidele Yusuf, and other local leaders.

During the meeting, Laguda announced that Gbajabiamila would provide financial support to assist the occupants in their relocation efforts. Each of the 90 apartments will receive N1 million to facilitate their transition to safer rental housing options within Surulere. Laguda urged residents to organize their belongings promptly and initiate the relocation process, emphasizing the need for a timely move to accommodate the planned demolition by the Lagos State government.

“The safety and welfare of our community members are paramount,” Laguda stated. “Our leader, Gbajabiamila, understands the difficult situation you and your households are facing following this necessary action by LABSCA, which is aimed at ensuring your safety.”

In her remarks, Odunuga expressed the Lagos Governor Babajide Sanwo-Olu’s commitment to ensuring that Lagosians live in safe and secure environments. She reassured residents of their support during this transition, thanking Gbajabiamila for his unwavering commitment to the Surulere community.

Gbajabiamila reiterated his dedication to the well-being of his constituents, promising to advocate for their needs and provide assistance in any capacity within his reach.

The meeting concluded with a collective commitment from all parties to work together to secure a safe future for the residents of the Iponri Low-Cost Housing Estate.

PETER OBI EMBARKS ON GRATITUDE TOUR IN THE UK AND US TO ENGAGE NIGERIAN DIASPORA

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Peter Obi, the 2023 presidential candidate of the Labour Party, recently concluded a gratitude tour across the UK and the US, aimed at strengthening ties with the Nigerian diaspora and celebrating their solidarity for change. This tour marked Obi’s third journey from Abuja to these countries in 2024, with the overarching theme of gratitude evident throughout the engagements.

A joint statement issued by the Foundation for Restoring Civic Values, Equality, and Education (FREE)—represented by Dr. Moses Paul, Mrs. Ndidi Mbagwu, and Dr. David Ogula—highlighted the power of a united Nigerian diaspora working toward a “New Nigeria” characterized by opportunity and justice for all.

The tour began with a lecture at Liverpool John Moores University on October 23, 2024, where Obi presented a paper titled “Harnessing the Commonwealth Advantage for Trade and Investment.” The event, held at the Redmonds Building, attracted distinguished guests, including Mr. Mark Blundell, Lord-Lieutenant of Merseyside; Richard Kemp, Lord Mayor of Liverpool; Tim Nicholl, Vice-Chancellor of LJMU Business School; and Garth Dallas, Chair of the Liverpool Commonwealth Association. Their presence underscored a shared vision for unity and progress.

In Houston, Texas, Obi engaged with the Nigerian community at the ICCH on Creekbend Drive, expressing gratitude for their commitment to Nigeria’s development. Organizers Dr. Fredrick Osadebe and Dr. BB Akazie reinforced Obi’s dedication to supporting Nigerian citizens globally, emphasizing the values of compassion, character, and competence that bind the diaspora together.

The Los Angeles stop on October 25, 2024, at the Main Banquet Hall of the Holiday Inn in Torrance, CA, provided a platform for meaningful dialogue with members of the Obidient family and advocates for a New Nigeria. Community leaders, including Dr. Acho Emeruwa and Chief Chike Nweke, stressed the importance of unity and dialogue in the quest for progress.

On October 26, 2024, Obi met with the Obidient family in Atlanta, Georgia, alongside Senator Donzella James of District 35 and Hon. Gabe Okoye, as well as ten other U.S. House of Representatives members at the Signia Hilton Hotel. Discussions focused on resilient, transformative leadership for Nigeria. Notable attendees included Atty Onyirimba, Pastor Joseph Tyla Dough, Atty Taofiq Adeboye, George Hawthorne, and Dr. Dan Onyeagba, who collectively echoed the spirit of resilience and optimism for a transformed Nigeria.

Obi’s gratitude tour was a testament to his commitment to engaging with the Nigerian diaspora and fostering a united front in the pursuit of a better future for Nigeria. Special thanks were extended to the various community leaders and organizers across the visited cities, whose support was instrumental in the tour’s success.

PROF. AUDU CALLS FOR STRENGTHENING LABORATORY CAPACITY IN AFRICA TO ACHIEVE UNIVERSAL HEALTH COVERAGE

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In her inaugural lecture at Lead City University, Ibadan, Oyo State, Prof. Rosemary Audu, a Professor of Medical Virology, emphasized the urgent need to strengthen laboratory capacity across Africa to achieve Universal Health Coverage (UHC). The lecture, themed “Challenges and Prospects of Laboratory Diagnostics in Africa: Dismantling the Puzzle,” addressed the significant challenges faced in laboratory diagnostics on the continent.

Prof. Audu, who is a member of the World Health Organization Africa Medical Devices Forum and Director of the NIMR Biobank, underscored that “laboratory diagnostics are indispensable for disease detection, surveillance, control, and management.” However, she pointed out that the current state of laboratory services is hindered by various challenges, including inadequate infrastructure, outdated equipment, insufficient and demotivated personnel, limited funding for healthcare, disruptions in the supply of reagents and consumables, inconsistent quality assurance measures, and weak regulatory frameworks.

To tackle these pressing issues, Prof. Audu proposed several key recommendations for governments and stakeholders. She emphasized the need to prioritize the training and retention of skilled laboratory personnel through continuous education, certification programs, and mentorship initiatives. “This focus will ensure quality diagnostic services,” she noted.

Prof. Audu also advocated for enhanced collaboration among laboratory medicine practitioners, stating that teamwork will ultimately benefit patients and improve health outcomes. Furthermore, she highlighted the critical role of innovation and commercialization of diagnostic products in enhancing healthcare delivery. “Supporting local research initiatives focused on disease diagnostics and developing context-specific tools is vital for addressing the unique health challenges faced by the continent,” she concluded.

Her call to action urges stakeholders to recognize the importance of laboratory capacity in achieving comprehensive healthcare and ultimately improving health outcomes across Africa.

NIGERIAN MEDICAL ASSOCIATION CALLS FOR REVIEW OF DOCTOR REMUNERATION TO STEM MIGRATION

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In a bid to address the increasing migration of Nigerian doctors seeking better pay abroad, the Nigerian Medical Association (NMA), Lagos Chapter, has urged the Federal Government to establish a policy for regular review of doctor remuneration in line with economic realities. This appeal was made during the 2024 National Physician’s Week, an event dedicated to honoring the commitment of Nigerian physicians and shedding light on the systemic challenges they face.

Dr. Babajide Saheed, Chairman of NMA Lagos, highlighted the pressing need to retain healthcare professionals in Nigeria, citing poor remuneration as a significant factor contributing to the “Japa Syndrome”—the mass exodus of professionals in search of better opportunities overseas. He stated, “Today, ‘Japa Syndrome’ is not a new phenomenon. Our medical and dental practitioners are leaving all sectors of Nigeria for countries that offer them fair compensation and a dignified working environment.”

Dr. Saheed criticized the government for its lack of tangible actions to combat the brain drain in healthcare, despite expressing concern over the issue. He advocated for a “universal applicability” in doctor remuneration across Nigeria, proposing that the same minimum wage structure, specifically the Consolidated Medical Salary Scale (CONMESS), should be enforced for all doctors, regardless of their location.

He emphasized the necessity for federal and state governments to adjust salaries in response to the country’s rising cost of living and inflation, without waiting for healthcare professionals to resort to strikes. “Sadly, we have not achieved universal applicability in Nigeria, despite years of negotiations. This inconsistency has created an internal brain drain, with doctors leaving poorly paid state roles for federal employment or higher-paying states, leaving many states struggling to maintain adequate healthcare staffing,” he explained.

According to Dr. Saheed, Nigerian doctors are among the lowest-paid globally, and the high cost of living and inflation have severely diminished the purchasing power of medical salaries, prompting the urgent need for reform to retain healthcare professionals in the country

STAKEHOLDERS CALL FOR URGENT REFORMS IN NURSING EDUCATION AND HEALTHCARE ACCESS IN NIGERIA

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At the 14th Annual General Meeting and National Scientific Conference of the Association of General Private Nursing Practitioners of Nigeria (AGPNPN) held in Ibadan, Oyo State, stakeholders underscored the urgent need for reforms in nursing education and healthcare access to enhance healthcare delivery in Nigeria. The conference, themed “Nurses’ Education, Economic and Political Advancement in Nigeria: Challenges and the Way Forward,” gathered key figures from the nursing and healthcare sectors.

Prof. Adelani Tijani, the Head of Nursing at the Federal University, Oye, Ekiti, delivered the keynote address, emphasizing the crucial role of nurses in advancing Nigeria’s healthcare system. He pointed out the numerous challenges the profession faces, including inadequate training and limited access to advanced education. “Without substantial reforms in nursing education, the potential contributions of nurses will remain underutilized,” Tijani stated.

He highlighted the necessity of a curriculum that addresses current healthcare demands and prepares nurses for emerging challenges. “Nurses must be equipped with the right education and resources to navigate the socio-political landscape effectively,” he added.

Prof. Tijani also brought attention to the economic and political factors influencing nursing practice in Nigeria, stating that the current economic climate severely affects the capacity to deliver quality care. He called for a collaborative approach among educational institutions, government, and healthcare providers to develop comprehensive training programs that equip nurses with the necessary skills to tackle these challenges.

“Addressing these challenges is not just a matter of professional development; it is essential for national progress,” he concluded, urging stakeholders to prioritize nursing education in policy discussions.

Governor Seyi Makinde of Oyo State, represented by Dr. Adewumi Ajetunmobi, the state’s Commissioner for Health, declared the event open and reaffirmed the government’s commitment to improving healthcare infrastructure and access, supporting the call for reforms in the nursing sector.

FOODCO OPENS NEW BRAND STORE IN IKOTUN, LAGOS

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FoodCo, a leading retailer in Nigeria and one of Africa’s fastest-growing companies, has announced the opening of its latest brand store in Ikotun, Lagos. This new store marks a significant milestone as it is the first FoodCo location within the Lagos Mainland, bringing the total number of stores to 22, with outlets spread across Ibadan, Lagos, and Abeokuta.

Funmi Aiyepeku, the Head of Innovation, Growth, and Business Transformation at FoodCo, highlighted the company’s mission to make modern retail accessible to all Nigerians, regardless of their location or socio-economic conditions.

“We are excited about the opening of the latest FoodCo brand store in Ikotun,” Aiyepeku stated. “This event also marks our formal expansion into the Lagos Mainland following earlier launches in Ikoyi and Lekki on the Island. Lagos State is home to over 20 million people, and Ikotun is a major hub with a significant number of the city’s young and upwardly mobile population.”

The FoodCo Ikotun store offers a diverse selection of high-quality products, including groceries, household essentials, apparel, and confectionery, all housed within a modern and spacious shopping environment. Aiyepeku emphasized that the store experience is tailored to meet the sophistication of today’s shoppers while addressing their everyday lifestyle needs.

“As a customer-focused company, FoodCo customers can be assured that we will continue to strive to spread our locations to where they need us. This is why it gives us great pleasure to bring the convenience and quality assurance that modern retail offers to our customers in Ikotun and its surroundings,” she added.

The opening of the FoodCo store in Ikotun represents the company’s ongoing commitment to expanding its footprint and providing accessible retail solutions to the Nigerian market.

SIR LIN DERACHI TO OPEN FLAGSHIP STORE IN ABIA STATE ON NOVEMBER 1, 2024

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Sir Lin Derachi, a rapidly growing Nigerian fashion brand known for its unique menswear and footwear, is excited to announce the grand opening of its flagship store in Abia State, scheduled for November 1, 2024. This highly anticipated event marks a significant milestone in the brand’s mission to make high-quality fashion accessible to all.

Founded by Nigerian entrepreneur Daniel Kalu Ibe, affectionately known as Big Lin, Sir Lin Derachi has quickly garnered attention for its distinctive style and commitment to quality craftsmanship. Reflecting on this achievement, Big Lin expressed, “This store opening is a dream come true. It represents the hard work, resilience, and support that have propelled Sir Lin Derachi to where it is today. I invite everyone to join us on this exciting journey, as we aim to inspire others with our mantra, ‘Make sure you’re strong.’”

Motivated by the presence of major international clothing brands around the world, Big Lin shared his aspiration to create a store of his own. “Opening this store is a dream come true because it brings me closer to standing alongside other major brands,” he said.

Big Lin also emphasized the importance of providing an authentic shopping experience for customers. “Customers coming to my store can have the confidence of buying directly from the brand’s official store, ensuring they’re getting the original product,” he explained. “Just like how big celebrities enjoy shopping from the official stores of global brands, I want my customers to have that same privilege. Here, they won’t have to worry about authenticity as they might when buying from commercial boutiques. This store is truly special—it’s a dedicated showroom where customers can take pride in visiting, enjoy the luxurious setting, and even take photos to share proudly online.”

Reflecting on the journey to this moment, Big Lin acknowledged the challenges he faced, particularly with financial constraints and managing human resources. “I’ve faced numerous challenges, especially with financial constraints and managing human factors like building awareness and getting reliable workers. But through it all, I’ve stayed focused, patient, and consistent. Hard work, steadfastness, and resilience have been my guiding principles, and I’m proud of how far we’ve come.”

The grand opening of Sir Lin Derachi’s flagship store is set to be a landmark event, showcasing the brand’s dedication to quality fashion and providing a platform for customers to experience an authentic shopping journey.

AIWA SETS TO HOST INTERNATIONAL INSURANCE CONFERENCE IN NOVEMBER

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The Africa Insurance Women Association (AIWA) is preparing to convene industry leaders, policymakers, and stakeholders globally for its upcoming international conference scheduled from November 2nd to 6th. The event will focus on the theme: “The Future of Insurance: Trends, Challenges, and Opportunities.”

Among the distinguished speakers are Dr. Awele Elumelu, Chairperson of AVON Healthcare Limited, serving as the keynote speaker; Dr. Owen Omogiafor, President and Group CEO of Transcorp Plc; Mansan Dominique Diagou from NSIA Group, Abidjan; Dr. Abiba Zakariah; and Mrs. Patty-Martin, President/CEO of the African Insurance Organisation, Nambia Re. Other notable figures include Lawrence Nazare, Managing Director of Continental Reinsurance; Lowe Richard, Executive Chairman of ACTIVE Financed and ACTIVE International, Ghana; Wale Akinyemi, Author and Consultant; Mrs. Yetunde Ilori, President of CIIN; Rashidat Adebisi, Chief Client Officer of AXA Mansard; and Dr. Amany Elmahy, CEO of Misr Insurance.

During a recent press conference, AIWA President Mrs. Nkechi Margaret-Moore emphasized the conference’s significance in uniting prominent minds from across the continent, including policymakers and industry experts, to shape the future of African insurance. She stated, “This gathering will delve into crucial issues such as the role of innovation and technology, cyber and credit risk protection, the opportunities presented by the African Continental Free Trade Area (AfCFTA), and gender diversity.”

Highlighting the importance of the event, Mrs. Margaret-Moore added, “This conference is not just about celebrating women in insurance; it is about shaping the future of insurance in Africa. The discussions, insights, and partnerships formed at this event will help define strategies for making insurance more accessible, innovative, and inclusive across the continent.”

Mrs. Ebelechukkwu Nwachukwu, Managing Director of REX Insurance Limited and Chairman of the Local Organizing Committee, noted that speakers will represent various regions of Africa, including Nigeria, Ghana, Côte d’Ivoire, South Africa, Zimbabwe, Kenya, Egypt, Uganda, and Namibia. Attendees from North, East, Central, and West Africa are also expected.

AIWA is committed to enhancing the role of women in the insurance sector across Africa. The association aims to provide a platform for networking, mentorship, and professional development, fostering a more inclusive and innovative insurance industry.

COMMOTION AMONG EDO STATE TRADERS OVER LEADERSHIP OF MARKET WOMEN ASSOCIATION

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An in-house conflict has erupted among traders in Edo State as factions vie to unseat the current leadership of the Edo State Market Women Association, headed by Mrs. Blacky Ogiamen. The discord stems from allegations of politicization within the organization and rising prices of goods.

Sources indicate that some market traders are plotting to appoint Mrs. Josephine Ebhaguejezele, the Iyaloja of Edo Market, in a move reminiscent of practices in Lagos and other states. They have accused Ogiamen of engaging in political activities, particularly her support for the administration of Governor Godwin Obaseki and the People’s Democratic Party (PDP) candidate in the recent governorship election, Dr. Asue Ighodalo.

Ogiamen has also been criticized for contributing to the high cost of foodstuffs in the state capital, attributed to the proliferation of various associations handling different commodities in the markets.

In July, Ogiamen led a protest against an alleged attempt by the Iyaloja of Lagos to impose Ebhaguejezele as the Iyaloja of Edo Market. She declared, “We are saying no to the illegal inauguration of Iyaloja of Edo State. There is a law guiding the State Market Women Association. We are the authentic market women in Edo State, and I lead the association. This association has existed for several decades, right from the reign of Oba Akenzua II till the present Oba.”

Ogiamen emphasized the historical continuity of the leadership, stating that when a leader passes away, their assistant assumes command. She recounted that during the reign of Oba Erediauwa, the monarch had invited them to the palace and designated her to lead the market women association in Edo State, which has since experienced peace.

She insisted that the association is non-political, asserting, “We are not politicians; we are voters. We support any government in power. When Comrade Adams Oshiomhole was the governor, we supported him throughout his tenure. We supported Lucky Igbinedion, Chief John Odigie Oyegun, and this government. That is how we have been piloting the affairs without crisis.”

Ogiamen expressed her concerns over the purported plans to install a different president for the Edo State Market Women Association, reinforcing that the Oba of Benin serves as their grand patron and the governor as their patron. According to her, the association’s constitution dictates that a leader can only be removed by death, reaffirming that their operations remain apolitical

TINUBU’S CABINET RESHUFFLE: THE ABOLITION OF THE MINISTRY OF NIGER DELTA AFFAIRS AND THE CREATION OF MINISTRY OF REGIONAL DEVELOPMENT

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A significant aspect of President Bola Tinubu’s recent cabinet reshuffle was the dissolution of the Ministry of Niger Delta Affairs, replaced by the newly established Ministry of Regional Development. This anticipated government reorganization involved the dismissal of six ministers, the appointment of seven new ones, and the reassignment of ten, including the abolition of the Ministry of Sports.

The decision to abolish the Ministry of Niger Delta Affairs has drawn criticism from key stakeholders in the region, particularly Ijaw leader Chief Edwin Clark. He pointed out that the ministry was originally established under former President Umaru Yar’Adua as a concession aimed at curbing militancy in the oil-producing Niger Delta region. The ministry’s establishment, along with initiatives like the Presidential Amnesty Programme (PAP) and ongoing funding for the Niger Delta Development Commission (NDDC), has contributed to a relative peace in the area.

Critics warn that the scrapping of the Niger Delta Ministry and the formation of the Regional Development Ministry should not be perceived by the Federal Government or Niger Delta stakeholders as a reduction in efforts to promote development and maintain stability in the oil-rich region. They argue that this shift represents a paradigm change designed to establish a federally-funded development agenda for all six geopolitical zones in Nigeria. However, stakeholders insist that this change must not lead to the marginalization of the Niger Delta.

Concerns have also been raised regarding the potential rebranding of the NDDC as merely a Development Commission for the South-South region, a suggestion made by a presidential spokesperson. They assert that the NDDC’s mandate is specifically to focus on the development of oil-producing areas, encompassing nine states—Rivers, Delta, Akwa Ibom, Bayelsa, Cross River, and Edo in the South-South, as well as Abia and Imo in the South-East, and Ondo in the South-West. There are plans for additional states like Anambra, Kogi, and Lagos to join the NDDC when they commence oil production in commercial quantities.

For the Ministry of Regional Development to effectively meet the needs of Nigerians, it must prioritize equity and ensure balanced development across all geopolitical zones. This includes establishing respective development commissions tailored to address the unique requirements of each zone through federal intervention.

To facilitate this, stakeholders are urging the National Assembly to expedite the process of forwarding bills to President Tinubu for the creation of the South-South Development Commission (SSDC) and the North-Central Development Commission (NCDC). These commissions should complement the existing ones for the North-East, North-West, South-East, and South-West.

Additionally, there is a call for the National Assembly to adopt a vigilant approach to guarantee that funding and project execution are equitable and free from manipulation by sectional interests or corrupt officials. The guiding principle must be equity and even development for all regions.

FEMALE ENTREPRENEURS URGED TO LEVERAGE NIGERIA STARTUP ACT FOR BUSINESS GROWTH

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Experts in business growth have called on female entrepreneurs in Nigeria to capitalize on the Nigeria Startup Act, 2022, which empowers businesses utilizing digital technology for rapid expansion. The stakeholders emphasized that with advancements in Artificial Intelligence (AI), machine learning, and social media, women can seize global opportunities to grow their businesses in both local and international markets.

Speaking at a workshop themed “Women Shaping the Future of Digital,” organized by ITC SheTrades, UPS Women Exporters, and the Nigerian Export Promotion Council (NEPC) in Lagos, notable figures included Mr. Ololade Otayemi, Founder of Orbra Company; Kritee Sharrma, Project Manager of SheTrades and UPS Women Exporters Programme; and Mr. Michael Umoh, Managing Director of UPS Nigeria.

The speakers argued that empowering women to leverage digital technologies could significantly benefit Nigeria, as women have demonstrated exceptional entrepreneurial capabilities. Mr. Otayemi noted, “One of the biggest policies shaping the digital landscape is the Nigeria Startup Act, 2022. It empowers businesses leveraging digital technology to grow faster. We want to ensure that women are not left behind in this era of digital transformation. With the advent of AI, machine learning, and social media, we aim to help women scale their businesses locally and export their products and services. Empowering women ultimately empowers families and, in turn, strengthens the nation.”

Mr. Umoh highlighted the workshop’s purpose: “This event aims to reach out to women entrepreneurs in Nigeria, creating a platform for them to showcase their skills and businesses, while facilitating opportunities to export their products and connect with foreign partners. With SheTrades, we have collaborated with numerous women and recognized that a key challenge they face is showcasing their businesses internationally. UPS is here to provide the necessary leverage for these women to establish partnerships within and outside the country.”

Sharrma added, “Women often juggle their professional lives with family and domestic responsibilities, which can hinder their access to finance. Many women have approached me about their struggles to obtain traditional collateral, limiting their ability to access mainstream financial services. As Nigeria approaches a digital revolution, we see a pressing need for tailored digital skills and access to new tools. That’s why our partners, including UPS and NEPC, have organized this workshop to support women in navigating this transition.”

This initiative underscores the importance of equipping female entrepreneurs with the necessary tools and resources to thrive in an increasingly digital marketplace, fostering a more inclusive and robust economy in Nigeria.

NIGERIA AT A CROSSROADS: THE URGENT NEED TO TRANSITION FROM FOSSIL FUELS TO RENEWABLE ENERGY

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Nigeria’s reliance on fossil fuels has long powered its economy, but the environmental and health costs of this dependence are mounting. As global pressures to adopt cleaner energy intensify, Nigeria stands at a critical juncture, with experts urging swift and bold action from government and industry leaders.

In a recent call to action, Environmental and Sustainability Consultant Daniel E. Bakpa highlighted the severe health impacts associated with fossil fuel use in Nigeria. With air pollution levels among the highest in Africa, the country is witnessing rising cases of respiratory diseases. The World Health Organization (WHO) reports over 140,000 annual child deaths related to pneumonia linked to air pollution. In the Niger Delta, the ramifications of oil extraction are devastating, with oil spills and gas flaring leading to elevated toxin levels in the air, soil, and water, exacerbating health risks for local communities.

A Roadmap for Renewable Energy and Clean Transportation

Experts argue that establishing a stable and renewable energy supply could address several of Nigeria’s energy challenges. Currently, over 85 million Nigerians lack access to grid electricity, making investment in solar, wind, and hydroelectric power imperative for providing reliable and cleaner energy. Nigeria’s abundant sunlight, particularly in the northern regions, positions the country well for large-scale solar projects that could support households, industries, and electric vehicles (EVs).

Revitalizing Nigeria’s automotive industry to meet the rising demand for EVs could also play a crucial role. By supporting local manufacturers like Innoson Vehicle Manufacturing, Nigeria could reduce its dependency on imported fossil fuel vehicles, create jobs, and contribute to the global shift toward electric mobility. Implementing strict regulations on fossil-fuel vehicle imports, coupled with incentives to boost EV adoption, could further this transition.

Stricter Penalties for Gas Flaring and Environmental Regulations

While the Nigerian Petroleum Industry Act of 2021 introduced penalties for gas flaring, enforcement remains a significant challenge. Stricter fines and mandated gas-capture technologies are essential to curb this practice. In 2022 alone, climate-induced flooding caused an estimated $9 billion in damages across Nigeria, underscoring the urgent need for effective climate impact mitigation through robust environmental regulations and sustainable practices.

International Partnerships and Public Awareness

Nigeria’s transition to cleaner energy would benefit from international alliances, such as partnerships within the African Union and support from climate-focused organizations like the United Nations Environment Programme (UNEP). Public awareness initiatives promoting the benefits of clean energy could further encourage the adoption of electric vehicles and renewable energy sources.

The message from sustainability experts is clear: Nigeria has a unique opportunity to lead Africa’s transition to cleaner energy and mitigate the health risks associated with fossil fuels. Immediate action toward renewable energy infrastructure, stringent environmental policies, and an informed public are critical to securing a healthier and more sustainable future for the nation

BENEFICIAL ICONS CLUB HOLDS AGM, ELECTS NEW EXECUTIVE COUNCIL AND ANNOUNCES FUTURE PROJECTS

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The Beneficial Icons Club recently convened its Annual General Meeting (AGM) at the prestigious Equity Resort in Ijebu-Ode, South-West Nigeria. Centered on the theme “Iconic Evolution: United Against Threats and Enhancing Collective Security,” the event included in-depth discussions about the club’s future direction and election of a new Executive Council.

Mr. Maxwell Fagbemi was re-elected as Club President, reflecting the members’ confidence in his leadership for another two years. Other members elected to the Executive Council are Obinna Ubanekwo as Vice President, Martin Ekpeke as Secretary General, Ahmed Salau as Financial Secretary, and Gbenga Badmus as Welfare/Provost Secretary.

In his address, President Fagbemi thanked the members for their support and stressed the importance of unity in achieving the club’s vision. He noted the challenges the club had faced and the milestones achieved over the past year, setting ambitious goals for the future.

“This is our fourth AGM, and we’ve made significant strides. We’ve overcome internal differences and emerged stronger. Our focus now is on realizing our full potential, and we’re excited about the future,” Fagbemi stated.

One of the club’s most anticipated projects is the development of Icon Estates, a property designed to house the club’s clubhouse and serve as a venue for relaxation, events, and social gatherings. This project aims to generate revenue and expand the club’s offerings for members.

As the Beneficial Icons Club progresses, its members remain dedicated to fostering strong relationships, supporting one another, and positively impacting their community.

NIGERIAN ARMY STRESSES ESSENTIAL COLLABORATION IN COUNTERING VIOLENT EXTREMISM

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The Nigerian Army has reinforced the critical importance of collaborative efforts to combat violent extremism, which remains a serious threat to stability in Africa and globally. Major General Taiwo Adedoja, speaking at the launch of the 2024 Countering Violent Extremism Course in Lagos, stressed the shared responsibility needed to confront such security challenges. He warned that violent extremism threatens human rights, peace, and long-term prosperity, aligning with former UN Secretary-General Ban Ki-Moon’s insights on the broader societal impacts of terrorism.

The two-week training, funded by the UNDP and the Japanese government, equips military and civilian participants with strategies for preventing and countering violent extremism. Major General Adedoja noted that the program includes instruction on effective approaches and counter-narratives, enabling participants to build resilience and foster inclusivity within vulnerable communities.

Acknowledging the initiative’s collaborative foundation, Major General Adedoja recognized the role of entities like the Martin Luther Agwai International Leadership and Peacekeeping Centre (MLAILPKC), the UNDP, and the Japanese government. This alliance demonstrates the Nigerian Army’s commitment to promoting global peace, particularly by training individuals for deployment to areas impacted by conflict.

Guest of Honor Major General Wisdom Etuk commended the joint effort, emphasizing that addressing the root causes of extremism requires collective action. He noted that the program aligns with the UN’s Plan of Action to Prevent Violent Extremism, which promotes comprehensive strategies beyond traditional security responses.

UNDP representative Mr. Mathew Alao reinforced the agency’s dedication to this initiative, seeing the program as a vital tool in combating extremism. Similarly, Japan’s Defense Attaché in Nigeria, Lieutenant Colonel Morita Tatsuya, reiterated Japan’s commitment to supporting peace and capacity-building efforts across Africa, highlighting the strong defense partnership between Japan and Nigeria.

This partnership underscores the importance of coordinated, multidimensional approaches in the fight against violent extremism and affirms the Nigerian Army’s commitment to a stable and peaceful future for the region.

Nigerian Army’s Collaborative Approach to Combat Violent Extremism

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The Nigerian Army has highlighted the essential need for collaboration in countering violent extremism, a persistent threat to Africa and global stability. Major General Taiwo Adedoja, at the inauguration of the 2024 Countering Violent Extremism Course at the Nigerian Army School of Finance and Administration in Lagos, emphasized the collective responsibility required to address these challenges, stating that extremism undermines human rights and hinders sustainable peace, stability, and prosperity. He echoed former UN Secretary-General Ban Ki-Moon’s sentiment on the broader impact of terrorism beyond immediate security threats.

The two-week course, funded by the UNDP and the Japanese government, aims to provide military personnel and civilians with knowledge and strategies to prevent and counter violent extremism. According to Major General Adedoja, the program will cover comprehensive approaches to violent extremism, best practices, and counter-narratives, helping participants foster resilience and inclusivity in communities prone to extremism.

Highlighting the collaborative nature of the initiative, Major General Adedoja acknowledged the role of partnerships with entities like the Martin Luther Agwai International Leadership and Peacekeeping Centre (MLAILPKC), the UNDP, and the Japanese government. This coalition exemplifies the Nigerian Army’s commitment to global peace and stability, particularly in training personnel for deployment in conflict-prone areas.

The Guest of Honor, Major General Wisdom Etuk, commended these collaborative efforts, affirming that only through a collective approach can the root causes of violent extremism be effectively addressed. He stressed that the program aligns with the UN’s Plan of Action to prevent violent extremism, which advocates for a broad approach, including preventive measures beyond security-based responses.

Representing the UNDP, Mr. Mathew Alao reiterated the agency’s commitment to this partnership, viewing the course as a powerful tool in tackling one of today’s most critical challenges. Additionally, Japan’s Defense Attaché in Nigeria, Lieutenant Colonel Morita Tatsuya, reaffirmed Japan’s support for Africa’s peace and capacity-building initiatives, underscoring the longstanding defense cooperation between Japan and Nigeria.

This multi-faceted collaboration underscores the importance of united, comprehensive measures in the fight against violent extremism and the Nigerian Army’s dedication to a peaceful and secure future for the region

Addressing Nigeria’s Education Sector Crisis: Strategic Reforms for Sustainable Growth

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Nigeria’s education sector is grappling with complex, urgent issues, including low quality, inadequate funding, limited access, and an outdated curriculum. A recent World Bank report highlights the sector’s severe underfunding, with only about 7% of the federal budget allocated to education in 2024—far below UNESCO’s recommended 15-20% for effective change. This funding gap has exacerbated challenges across all levels of education, impacting the economy and contributing to unemployment, poverty, and inequality. To boost Nigeria’s global competitiveness, transformative reforms in education are critical.

The appointment of Dr. Tunji Alausa as Nigeria’s new Minister of Education marks a significant commitment to educational reform. His selection underscores a focus on competency, experience, and integrity, signaling a shift toward impactful policies that emphasize transparency and accountability. Dr. Alausa’s leadership offers hope for essential reforms that could reshape Nigeria’s educational landscape.

Primary Education: Challenges and Solutions Over 10.5 million Nigerian children are out of school, the highest rate globally, with the majority in the Northern regions where poverty and conflict are prevalent. Primary schools often lack basic resources, from clean water and classrooms to teaching materials, which discourages learning. To address this, extensive policy changes are required, alongside funding security for primary education. Local governments (LGAs) are tasked with primary education funding, yet this remains largely unfeasible in practice. A cohesive policy where all levels of government contribute to funding primary education could ensure consistency, while enhanced school inspectorates can uphold standards.

Secondary Education: Bridging the Gaps Low transition rates and high dropout rates plague secondary education, driven by poverty, child labor, and poor infrastructure. With limited access to science laboratories, many secondary students lack the foundation for careers in STEM fields, vital for Nigeria’s future. Targeted interventions are needed, particularly for marginalized communities. For example, the Better Education Service Delivery for All (BESDA) program, which supports school re-enrollment, has shown success in states like Kano and Katsina. Additionally, initiatives aimed at increasing girls’ enrollment are essential, as girls constitute over 60% of out-of-school children. Gender-focused programs can help reduce educational disparities and promote inclusivity.

Tertiary Education: Enhancing Quality and Relevance In tertiary institutions, Nigerian universities face overcrowded classrooms, limited research funding, and frequent staff strikes. Inadequate research support and underqualified teaching staff have limited Nigeria’s academic output. With a graduate unemployment rate of 33%, there is a glaring disconnect between university curricula and market-relevant skills. Enhancing teacher recruitment, training, and professional development is crucial to ensure educators possess the expertise needed for high-quality instruction.

Six Focus Areas for Education Reform Immediate reforms across six areas can lay the foundation for a stronger education system in Nigeria:

  1. Funding Primary Education: Secure, multi-tier government funding for primary education and revitalized school inspectorates to monitor standards.
  2. Addressing Out-of-School Children: Targeted interventions in rural and marginalized areas, as well as programs like BESDA, to re-enroll children.
  3. Promoting Gender Parity: Programs focused on girls’ education to reduce dropout rates and encourage completion.
  4. Establishing Quality Standards: Setting benchmarks and accountability systems across educational levels to drive excellence.
  5. Teacher Training and Certification: Enhancing recruitment, certification, and ongoing development for teachers, with a focus on skill-building.
  6. Expanding Access and Equity: Infrastructure and policy support for underserved areas to bridge the urban-rural education gap.

With Dr. Alausa at the helm, there is renewed optimism for meaningful reforms that will drive education forward, fostering a generation equipped with the skills and knowledge needed for Nigeria’s socio-economic growth

FCCPC ADDRESSES ONLINE BANKING DISRUPTIONS, CALLS FOR SWIFT RESTORATION OF SERVICES

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The Federal Competition and Consumer Protection Commission (FCCPC) has raised significant concerns over the ongoing disruptions in Nigeria’s online banking services, which have obstructed customer access to funds, payments, and essential transactions. In a statement, FCCPC’s Executive Vice Chairman, Mr. Tunji Bello, highlighted the adverse impact of these service interruptions on millions of customers, emphasizing the serious implications for both individuals and businesses.

Citing the Federal Competition and Consumer Protection Act (FCCPA) 2018, Bello noted that bank customers are entitled to fair, accountable, and quality service. The FCCPA ensures the right to reasonable access to essential goods and services, and any breakdowns in banking access could mean banks are failing to meet this standard, leading to potential financial hardship, eroded trust in the banking system, and overall economic harm.

The FCCPC is currently investigating to ensure consumers’ rights to redress are upheld, warning that it will take “all necessary actions to enforce the FCCPA protections.” Bello has urged banks to prioritize the restoration of services, improve customer support, and communicate transparently to manage customer expectations. The Commission reassures affected customers that their concerns are a priority, providing contact options for filing complaints.

NIGERIAN-HUNGARIAN CHAMBER OF COMMERCE PROMOTES BILATERAL TIES AND INVESTMENT OPPORTUNITIES

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The President of the Nigerian-Hungarian Chamber of Commerce, Mr. Spencer Onosode, has emphasized the importance of Nigeria-Hungary collaboration, noting its potential to drive investments and economic growth for both nations. Speaking at the chamber’s constitution event and the induction of 30 corporate entities and individuals, Onosode highlighted the need to tap into Nigeria’s resource-rich environment and Hungary’s strong technological and scientific background to boost trade volumes.

Onosode described Nigeria as a “land of vast mineral resources and a dynamic business climate” and commended Hungary for its resilience, historical achievements, and leadership in science and technology. He encouraged new chamber members to explore Hungary’s offerings in sectors like education, tourism, arts, and architecture.

Mrs. Izabella Abia-Okon, Business Development Director, presented “Glimpses of Hungary,” which underscored Hungary’s innovations and business avenues. Mr. Banji Akinsola, a chamber inductee fluent in Hungarian, shared his positive experiences as a student and business professional in Hungary, encouraging partnerships across borders.

Veteran corporate participants and individuals active in Hungary-Nigeria trade, such as Mrs. Josephine Peters of GEC Academy International, also enriched the event by sharing insights on Hungarian educational placements. Former Hungarian Ambassador, Dr. Modupe Irele, further emphasized Hungary’s potential contributions to Nigeria in medicine, agriculture, and tech innovation, urging members to explore sustainable opportunities in these areas.

With a high-income economy and strong human development index, Hungary ranks as the 57th largest economy worldwide, with a $265 billion output and a solid reputation for skilled labor and low income inequality

HALDEN MCCALL PLC LISTS ON NIGERIAN EXCHANGE WITH N11.98 BILLION ORDINARY SHARES

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Halden McCall PLC, a prominent Real Estate and Hospitality Group, has received approval to list N11.98 billion in ordinary shares by introduction on the Nigerian Exchange Limited (NGX). This listing involves 3.122 billion ordinary shares, priced at N3.84 per share, which will increase NGX’s market capitalization by N11.98 billion. The listing event is set for November 20, 2024.

Following the listing, Halden McCall will participate in the “Facts Behind the Listing” presentation, where newly listed companies share their operational highlights and future strategies with securities dealers. This step signifies the company’s adherence to NGX’s listing standards, reinforcing its dedication to transparency, strong corporate governance, and investor trust. The listing was managed by Finmal Finance Services Limited and Chartwell Securities, serving as capital market consultant and stockbroker, respectively.

Dr. Edward Akinlade, Halden McCall’s Group Managing Director, expressed excitement over the achievement, noting that NGX listing will enhance shareholder liquidity and market access, supporting the company’s growth and expansion.

Renowned for its Suru Express Hotels and Suru Homes brands in West Africa, Halden McCall PLC is a key player in African emerging markets. In line with supporting the government’s housing initiatives, the company plans to establish 45 additional budget hotels under the Suru Express brand and develop 100 units of affordable housing.