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  •  Esther Abimbola popularly known as Modella ex housemate of the television reality show Big Brother Naija on Thursday said she was convinced that she delivered on her promise to her fans in the course of the show Modella who joined two weeks into the show as a fake housemate was evicted on Aug 28 In a zoom media chat Modella said she was sure she delivered good vibes and energy on the show and never disappointed her fans She also said she did justice to her role as a fake housemate Coming into the show I promised bringing in good vibes and energy which I did to the best of my ability Going into the show I had no idea of what to do I went in like every other person there on the scale of 10 I will rate myself 10 I did justice to my task as a fake housemate she said According to Modella her eviction was not shocking as she knew she was leaving that night having shared all her pocket naira I knew I was going to leave it didn t come as a shock for me I already shared my money it is a win win situation for all I am happy I was able to sell myself in a short while I have not had any sad moment since my eviction it is okay for me I am enjoying myself she said Commenting on her situationship with fellow housemate Bryan she said I love our friendship and I only wanted to maintain that in the house I like him as a friend but he wanted more According to Modella she is ready to welcome any business that comes her way as a fashion designer film maker actor model and skin care expert NewsSourceCredit NAN
    BBNaija S7: I promised my fans good vibes, I delivered – Modella 
     Esther Abimbola popularly known as Modella ex housemate of the television reality show Big Brother Naija on Thursday said she was convinced that she delivered on her promise to her fans in the course of the show Modella who joined two weeks into the show as a fake housemate was evicted on Aug 28 In a zoom media chat Modella said she was sure she delivered good vibes and energy on the show and never disappointed her fans She also said she did justice to her role as a fake housemate Coming into the show I promised bringing in good vibes and energy which I did to the best of my ability Going into the show I had no idea of what to do I went in like every other person there on the scale of 10 I will rate myself 10 I did justice to my task as a fake housemate she said According to Modella her eviction was not shocking as she knew she was leaving that night having shared all her pocket naira I knew I was going to leave it didn t come as a shock for me I already shared my money it is a win win situation for all I am happy I was able to sell myself in a short while I have not had any sad moment since my eviction it is okay for me I am enjoying myself she said Commenting on her situationship with fellow housemate Bryan she said I love our friendship and I only wanted to maintain that in the house I like him as a friend but he wanted more According to Modella she is ready to welcome any business that comes her way as a fashion designer film maker actor model and skin care expert NewsSourceCredit NAN
    BBNaija S7: I promised my fans good vibes, I delivered – Modella 
    Entertainment4 weeks ago

    BBNaija S7: I promised my fans good vibes, I delivered – Modella 

    Esther Abimbola, popularly known as “Modella”, ex-housemate of the television reality show, Big Brother Naija, on Thursday said she was convinced that she  delivered on her promise to her fans in the course of the show.

    Modella, who joined two weeks into the show as a fake housemate was evicted on Aug. 28.In a zoom media chat, Modella said she was sure she delivered good vibes and energy on the show and never disappointed her fans.

    She also said she did justice to her role as a fake housemate.

    “Coming into the show, I promised bringing in good vibes and energy which I did to the best of my ability.

    “Going into the show, I had no idea of what to do, I went in like every other person there, on the scale of 10, I will rate myself 10, I did justice to my task as a fake housemate,” she said.

    According to Modella, her eviction was not shocking as she knew she was leaving that night having  shared all her “pocket naira”.

    “I knew I was going to leave, it didn’t come as a shock for me, I already shared my money, it is a win-win situation for all.

    I am happy, I was able to sell myself in a short while.

    “I have not had any sad moment since my eviction, it is okay for me, I am enjoying myself,” she said.

    Commenting on her “situationship” with fellow housemate, Bryan, she said, “I love our friendship and I only wanted to maintain that in the house, I like him as a friend but he wanted more.

    ”According to Modella, she is ready to welcome any business that comes her way as a fashion designer, film maker, actor, model and skin care expert.

    (
    NewsSourceCredit: NAN

  •  The Lagos State Government warns that anybody found practising any form of health care delivery without a licence will be sanctioned and prosecuted Gov Babajide Sanwo Olu gave the warning at the celebration of the Year 2022 African Traditional Medicine Day on Thursday at Adeyemi Bero Auditorium Alausa Ikeja Lagos The News Agency of Nigeria reports that this year s celebration organised by Lagos State Traditional Medicine Board LSTMB has the theme Two Decades of African Traditional Medicine Progress Towards Achieving Universal Health Coverage in Africa The governor who was represented by the Commissioner for Health Prof Akin Abayomi said it was important for traditional medicine practioners not to practise out of their scope in order not to risk the lives of those they are treating Sanwo Olu decried the high rate of quakery traditional medicine hawkers and concoction mixers stating that it posed a serious health risk to the community According to him traditional medicine must be regulated for proper restructuring regulation and accreditation by the LSTMB to eliminate quakery in the health profession Traditional medicine is important culturally it is also important for our people and the benefits that can be derived from the use of drugs acupuncture aromatherapy and other alternative medicine is commendable Everybody has a value as long as you are trained have a licence and accreditation to practise in your respective discipline It is not acceptable for anyone to be treating anybody without a licence either a traditional complementary or alternative medicine licence or a conventional medicine licence If caught practising any form of health care delivery without an appropriate licence you will be sanctioned and brought before the court of law for appropriate adjudication he said The governor commended LSTMB for carrying out trainings clinical trials and toxicology noting that it helped to know the appropriate dose and measurements He said When you take a drug you must know the measurements to take how to use the dose and you must have been able to perform medical trials on the particular medication If you are found to be without all these attributes you are really treading on a dangerous terrain Therefore traditional medicine practioners should collaborate with scientists to prove that their practice is statistically sound According to him government is willing to be committed to the growth and development of traditional medicine Sanwo Olu advised the traditional medicine practioners to team up with the Conventional Medicine Practioners in order to know how their practice could be validated Mrs Folashade Jaji Secretary to the State Government urged traditional medicine practitioners to improve their practice through standardisation of their operations proper book record keeping and data collection Jaji said that all hands must be on deck to expose fake or quack practitioners by notifying the LSTMB for appropriate sanction She advised that practitioners must eschew sharp practices that could endanger people s health while imploring them to always take cognisance of the need for proper prescription and dosage to be indicated and administered Earlier Mr Olorunkemi Kadiku the Registrar LSTMB assured that the board would continue to put in place an enduring policy and regulatory frameworks He said the board would also review existing legal framework to derive from the policy and strengthen the traditional medicine systems The registrar said they would consolidate on the recently constituted research group by facilitating tailor made researches based on its priorities in the State We will tap into the recent call by the State Ministry of Health for expression of interest for grants for health research and continuously revitalise our mandatory training programmes for traditional medicine practitioners to enhance their capacities NAN reports that the highlight of the event was the launching of the Lagos State Traditional Medicine Board s Code of Conduct for Practitioners NewsSourceCredit NAN
    African Traditional Medicine: Lagos to sanction unlicensed practitioners
     The Lagos State Government warns that anybody found practising any form of health care delivery without a licence will be sanctioned and prosecuted Gov Babajide Sanwo Olu gave the warning at the celebration of the Year 2022 African Traditional Medicine Day on Thursday at Adeyemi Bero Auditorium Alausa Ikeja Lagos The News Agency of Nigeria reports that this year s celebration organised by Lagos State Traditional Medicine Board LSTMB has the theme Two Decades of African Traditional Medicine Progress Towards Achieving Universal Health Coverage in Africa The governor who was represented by the Commissioner for Health Prof Akin Abayomi said it was important for traditional medicine practioners not to practise out of their scope in order not to risk the lives of those they are treating Sanwo Olu decried the high rate of quakery traditional medicine hawkers and concoction mixers stating that it posed a serious health risk to the community According to him traditional medicine must be regulated for proper restructuring regulation and accreditation by the LSTMB to eliminate quakery in the health profession Traditional medicine is important culturally it is also important for our people and the benefits that can be derived from the use of drugs acupuncture aromatherapy and other alternative medicine is commendable Everybody has a value as long as you are trained have a licence and accreditation to practise in your respective discipline It is not acceptable for anyone to be treating anybody without a licence either a traditional complementary or alternative medicine licence or a conventional medicine licence If caught practising any form of health care delivery without an appropriate licence you will be sanctioned and brought before the court of law for appropriate adjudication he said The governor commended LSTMB for carrying out trainings clinical trials and toxicology noting that it helped to know the appropriate dose and measurements He said When you take a drug you must know the measurements to take how to use the dose and you must have been able to perform medical trials on the particular medication If you are found to be without all these attributes you are really treading on a dangerous terrain Therefore traditional medicine practioners should collaborate with scientists to prove that their practice is statistically sound According to him government is willing to be committed to the growth and development of traditional medicine Sanwo Olu advised the traditional medicine practioners to team up with the Conventional Medicine Practioners in order to know how their practice could be validated Mrs Folashade Jaji Secretary to the State Government urged traditional medicine practitioners to improve their practice through standardisation of their operations proper book record keeping and data collection Jaji said that all hands must be on deck to expose fake or quack practitioners by notifying the LSTMB for appropriate sanction She advised that practitioners must eschew sharp practices that could endanger people s health while imploring them to always take cognisance of the need for proper prescription and dosage to be indicated and administered Earlier Mr Olorunkemi Kadiku the Registrar LSTMB assured that the board would continue to put in place an enduring policy and regulatory frameworks He said the board would also review existing legal framework to derive from the policy and strengthen the traditional medicine systems The registrar said they would consolidate on the recently constituted research group by facilitating tailor made researches based on its priorities in the State We will tap into the recent call by the State Ministry of Health for expression of interest for grants for health research and continuously revitalise our mandatory training programmes for traditional medicine practitioners to enhance their capacities NAN reports that the highlight of the event was the launching of the Lagos State Traditional Medicine Board s Code of Conduct for Practitioners NewsSourceCredit NAN
    African Traditional Medicine: Lagos to sanction unlicensed practitioners
    General news4 weeks ago

    African Traditional Medicine: Lagos to sanction unlicensed practitioners

    The Lagos State Government warns that anybody found practising any form of health care delivery without a licence, will be sanctioned and prosecuted.

    Gov. Babajide Sanwo-Olu gave the warning at the celebration of the Year 2022 African Traditional Medicine Day on Thursday at Adeyemi Bero Auditorium, Alausa-Ikeja, Lagos.

    The News Agency of Nigeria reports that this year’s celebration organised by Lagos State Traditional Medicine Board (LSTMB) has the theme: “Two Decades of African Traditional Medicine: Progress Towards Achieving Universal Health Coverage in Africa.

    ” The governor, who was represented by the Commissioner for Health, Prof. Akin Abayomi, said it was important for traditional medicine practioners not to practise out of their scope in order not to risk the lives of those they are treating.

    Sanwo-Olu decried the high rate of quakery, traditional medicine hawkers and concoction mixers, stating that it posed a serious health risk to the community.

    According to him, traditional medicine must be regulated for proper restructuring, regulation and accreditation by the LSTMB, to eliminate quakery in the health profession.

    “Traditional medicine is important culturally; it is also important for our people and the benefits that can be derived from the use of drugs, acupuncture, aromatherapy and other alternative medicine is commendable.

    “Everybody has a value as long as you are trained, have a licence and accreditation to practise in your respective discipline.

    “It is not acceptable for anyone to be treating anybody without a licence, either a traditional complementary or alternative medicine licence or a conventional medicine licence.

    “If caught practising any form of health care delivery without an appropriate licence, you will be sanctioned and brought before the court of law for appropriate adjudication,” he said.

    The governor commended LSTMB for carrying out trainings, clinical trials and toxicology, noting that it helped to know the appropriate dose and measurements.

    He said: “When you take a drug, you must know the measurements to take, how to use the dose and you must have been able to perform medical trials on the particular medication.

    “If you are found to be without all these attributes, you are really treading on a dangerous terrain.

    “Therefore, traditional medicine practioners should collaborate with scientists to prove that their practice is statistically sound.

    ” According to him, government is willing to be committed to the growth and development of traditional medicine.      

    Sanwo-Olu advised the traditional medicine practioners to team up with the Conventional Medicine Practioners in order to know how their practice could be validated.

    Mrs Folashade Jaji, Secretary to the State Government, urged traditional medicine practitioners to improve their practice through standardisation of their operations, proper book record-keeping and data collection.

    Jaji said that all hands must be on deck to expose fake or quack practitioners by notifying the LSTMB for appropriate sanction.

    She advised that practitioners must eschew sharp practices that could endanger people’s health while imploring them to always take cognisance of the need for proper prescription and dosage to be indicated and administered.

    Earlier, Mr Olorunkemi Kadiku, the Registrar, LSTMB, assured that the board would continue to put in place an enduring policy and regulatory frameworks.

    He said the board would also review existing legal framework, to derive from the policy and strengthen the traditional medicine systems.

    The registrar said they would consolidate on the recently constituted research group by facilitating tailor-made researches based on its priorities in the State.

    “We will tap into the recent call by the State Ministry of Health for expression of interest for grants for health research and continuously revitalise our mandatory training programmes for traditional medicine practitioners to enhance their capacities.

    NAN reports that the highlight of the event was the launching of the Lagos State Traditional Medicine Board’s Code of Conduct for Practitioners.


    NewsSourceCredit: NAN

  •  Gov David Umahi of Ebonyi has said that the inauguration of the newly elected Local Goverment Chairmen and Councillors did not breach the Constitution Umahi said this on Thursday during the ceremony held at the Pa Ngele Oruta Stadium Abakaliki He spoke against the backdrop of a Federal High Court judgment of Aug 25 which nullified the July 31 council elections The court held that the exercise contravened the provisions of the Electoral Act The State Government however announced on Aug 30 that it had secured an Ex parte Order which enabled it to perform the inauguration He therefore said that the inauguration was carried out within the ambit of the law I am obedient to the laws of Nigeria And if it was possible for me I would elevate the Attorney General and Commissoner for Justice Mr Cletus Ofoke to a Senior Advocate of Nigeria I sought for his legal opinion on the matter and he gave me an impeccable opinion I was not disobedient to such opinion based on the fundamental and constitutional provisions of the country I therefore while congratulating the new chairmen congratulate the judiciary and rule of law the governor said He described the APC as a party that rewards loyalty and delivers democratic dividend to the people He said Seven of the outgone chairmen are flying the party s flag for the state House of Assembly and House of Representatives in the 2023 General Elections The rest have been appointed as Senior Special Assistants to the Governor The other 11 Vice Chairmen have been appointed as State and Local Government Advisory Council members He admonished the new chairmen to live up to their responsibilities He further charged them to inaugurate their Legislative Councils on Sept 2 In a remark the Attorney General and Commissoner for Justice justified the inauguration He said it was in line with the relevant provisions of the Constitution especially those covering Local Government Area LGA In a vote of thanks the Chairman of Ezza North LGA Chief Moses Nome expressed gratitude to the government and people of the state for giving them the opportunity to service The News Agency of Nigeria reports that APC clinched the 13 chairmanship and 171 councillorship seats in the election However some members of the Inter Party Advisory Council boycotted the polls due to the N1 million and N200 000 nomination fees charged for the chairmanship and councillorship seats respectively The group thereafter approached the court to nullify the outcome of the polls in a suit No 1512022 Meanwhile NAN reports that the governor also on Thursday launched the 2022 Ebonyi empowerment programme He also swore in a new Acting President of the Customary Court of Appeal Justice Patrick Uhuo NewsSourceCredit NAN
    Inauguration of council Chairmen/Councillors: We acted within the law – Umahi
     Gov David Umahi of Ebonyi has said that the inauguration of the newly elected Local Goverment Chairmen and Councillors did not breach the Constitution Umahi said this on Thursday during the ceremony held at the Pa Ngele Oruta Stadium Abakaliki He spoke against the backdrop of a Federal High Court judgment of Aug 25 which nullified the July 31 council elections The court held that the exercise contravened the provisions of the Electoral Act The State Government however announced on Aug 30 that it had secured an Ex parte Order which enabled it to perform the inauguration He therefore said that the inauguration was carried out within the ambit of the law I am obedient to the laws of Nigeria And if it was possible for me I would elevate the Attorney General and Commissoner for Justice Mr Cletus Ofoke to a Senior Advocate of Nigeria I sought for his legal opinion on the matter and he gave me an impeccable opinion I was not disobedient to such opinion based on the fundamental and constitutional provisions of the country I therefore while congratulating the new chairmen congratulate the judiciary and rule of law the governor said He described the APC as a party that rewards loyalty and delivers democratic dividend to the people He said Seven of the outgone chairmen are flying the party s flag for the state House of Assembly and House of Representatives in the 2023 General Elections The rest have been appointed as Senior Special Assistants to the Governor The other 11 Vice Chairmen have been appointed as State and Local Government Advisory Council members He admonished the new chairmen to live up to their responsibilities He further charged them to inaugurate their Legislative Councils on Sept 2 In a remark the Attorney General and Commissoner for Justice justified the inauguration He said it was in line with the relevant provisions of the Constitution especially those covering Local Government Area LGA In a vote of thanks the Chairman of Ezza North LGA Chief Moses Nome expressed gratitude to the government and people of the state for giving them the opportunity to service The News Agency of Nigeria reports that APC clinched the 13 chairmanship and 171 councillorship seats in the election However some members of the Inter Party Advisory Council boycotted the polls due to the N1 million and N200 000 nomination fees charged for the chairmanship and councillorship seats respectively The group thereafter approached the court to nullify the outcome of the polls in a suit No 1512022 Meanwhile NAN reports that the governor also on Thursday launched the 2022 Ebonyi empowerment programme He also swore in a new Acting President of the Customary Court of Appeal Justice Patrick Uhuo NewsSourceCredit NAN
    Inauguration of council Chairmen/Councillors: We acted within the law – Umahi
    General news4 weeks ago

    Inauguration of council Chairmen/Councillors: We acted within the law – Umahi

    Gov. David Umahi of Ebonyi has said that the inauguration of the newly elected Local Goverment Chairmen and Councillors did not breach the  Constitution.

    Umahi said this on Thursday during the ceremony held at the Pa Ngele Oruta Stadium, Abakaliki.

    He spoke against the backdrop of a Federal High Court judgment of Aug. 25, which nullified the July 31 council elections.

    The court held that the exercise contravened the provisions of the Electoral Act. The State Government, however, announced on Aug. 30 that it had secured an Ex-parte Order, which enabled it to perform the inauguration.

    He, therefore, said that the inauguration was carried out within the ambit of the law.

    “I am obedient to the laws of Nigeria.

    “And if it was possible for me, I would elevate the Attorney-General and Commissoner for Justice, Mr Cletus Ofoke, to a Senior Advocate of Nigeria.

    “I sought for his legal opinion on the matter and he gave me an impeccable opinion.

    “I was not disobedient to such opinion based on the fundamental and constitutional provisions of the country.

    “I, therefore, while congratulating the new chairmen, congratulate the judiciary and rule of law,” the governor said.

    He described the APC as a party that rewards loyalty and delivers democratic dividend to the people.

    He said: “Seven of the outgone chairmen are flying the party’s flag for the state House of Assembly and House of Representatives in the 2023 General Elections.

    “The rest have been appointed as Senior Special Assistants to the Governor.

    “The other 11 Vice Chairmen have been appointed as State and Local Government Advisory Council members.

    ” He admonished the new chairmen to live up to their responsibilities.

    He further charged them to inaugurate their Legislative Councils on Sept. 2. In a remark, the Attorney-General and Commissoner for Justice justified the inauguration.

    He said it was in line with the relevant provisions of the Constitution, especially those covering Local Government Area (LGA).

    In a vote of thanks, the Chairman of Ezza North LGA, Chief Moses Nome, expressed gratitude to the government and  people of the state for giving them the opportunity to service.       

    The News Agency of Nigeria reports that APC clinched the 13 chairmanship and 171 councillorship seats in the election.                                                                                       

    However, some members of the Inter-Party Advisory Council boycotted the polls due to the N1 million and N200,000 nomination fees charged for the chairmanship and councillorship seats, respectively.

    The group, thereafter, approached the court to nullify the outcome of the polls in a suit No. 1512022.                                                                                                            Meanwhile, NAN reports that the governor also on Thursday launched the 2022 Ebonyi empowerment programme.

    He also swore in a new Acting President of the Customary Court of Appeal, Justice Patrick Uhuo.
    NewsSourceCredit: NAN

  •  The Nigeria Immigration Service NIS in Zamfara has decorated 31 newly promoted officers in the state with their ranks NIS Controller in the state Adamu Balarabe told newsmen in Gusau on Thursday that the officers were successful in the 2021 promotion and upgrading exercise He said that the officers promotion was contained in a letter dated Aug 8 2022 with reference number 1136 T4 Balarabe urged the promoted officers to see their elevation as a call for greater service delivery Your career elevation means that you have to do more in the service of the nation Remember that to whom much is given much is expected You have to work harder to justify the confidence reposed in you We intend to see more commitment and dedication he said The controller said that the security situation in Zamfara saddled the service with the duty to be more proactive NewsSourceCredit NAN
    NIS decorates 31 newly promoted officers in Zamfara
     The Nigeria Immigration Service NIS in Zamfara has decorated 31 newly promoted officers in the state with their ranks NIS Controller in the state Adamu Balarabe told newsmen in Gusau on Thursday that the officers were successful in the 2021 promotion and upgrading exercise He said that the officers promotion was contained in a letter dated Aug 8 2022 with reference number 1136 T4 Balarabe urged the promoted officers to see their elevation as a call for greater service delivery Your career elevation means that you have to do more in the service of the nation Remember that to whom much is given much is expected You have to work harder to justify the confidence reposed in you We intend to see more commitment and dedication he said The controller said that the security situation in Zamfara saddled the service with the duty to be more proactive NewsSourceCredit NAN
    NIS decorates 31 newly promoted officers in Zamfara
    General news4 weeks ago

    NIS decorates 31 newly promoted officers in Zamfara

    The Nigeria Immigration Service (NIS) in Zamfara has decorated 31 newly promoted officers in the state with their ranks.

    NIS Controller in the state, Adamu Balarabe, told newsmen in Gusau on Thursday that the officers were successful in the 2021 promotion and upgrading exercise.

    He said that the officers’ promotion was contained in a letter dated Aug. 8, 2022 with reference number, 1136. T4. Balarabe urged the promoted officers to see their elevation as a call for greater service delivery.

    ”Your career elevation means that you have to do more in the service of the nation.

    Remember that to whom much is given, much is expected.

    ”You have to work harder to justify the confidence reposed in you.

    We intend to see more commitment and dedication,” he said.

    The controller said that the security situation in Zamfara saddled the service with the duty to be more proactive.


    NewsSourceCredit: NAN

  •  Trading on the domestic stock market remained bullish with the market capitalisation gaining N28 73 billion to close at N26 908 trillion from N26 880 trillion posted on Wednesday Similarly the All Share Index rose by 53 29 points or 0 11 per cent to close at 49 889 80 from 49 836 51 achieved on Wednesday The upturn was impacted by gains recorded in medium and large capitalised stocks amongst which are Consolidated Hallmark Insurance Pharm Deko and FCMB On performance of the market analysts at Vetiva Dealing and Brokage said The month started off positive despite the drawback seen in market sentiment Barring any large volume transactions tomorrow we anticipate a quiet close to the week The market breadth closed positive with 14 gainers against 12 losers Pharma Deko led the gainers chart in percentage terms with 7 43 per cent to close at N1 88 per share UPDC and Consolidated Hallmark Insurance followed appreciating by five per cent each to close at N1 05 and 63k per share FCMB Group went up by 4 92 per cent to close at N3 20 while Fidelity Bank appreciated by 4 39 per cent to close at N3 33 per share On the other hand Mutual Benefits Assurance led the losers chart in percentage terms by 9 38 per cent to close at 29k per share Computer Warehouse Group followed with a decline of 9 09 per cent to close at 90k while Transcorp Nigeria shed 7 08 per cent to close at N1 05 per share Lasaco Assurance lost 6 8 per cent to close at 96k while Sterling Bank depreciated by 4 52 per cent to close at N1 48 per share Transactions in the shares of Sterling Bank topped the activity chart with 108 7 million shares valued at N159 82 million Guaranty Trust Holding Company followed with 34 52 million shares worth N680 45 million while Fidelity Bank traded 15 55 million shares valued at N50 59 million Mutual Benefits Assurance traded 9 18 million shares worth N2 77 million while Zenith Bank transacted 7 45 million shares worth N162 32 million However the total volume and value of trades fell by 38 per cent and 46 per cent each to 229 12 million shares and N1 75 billion respectively which were traded in 3 575 deals This was in contrast with 367 34 million shares worth N3 24 billion exchanged in 3 725 deals recorded on Wednesday www ng NewsSourceCredit NAN
    Stock market gains N29bn, indices up 0.11%
     Trading on the domestic stock market remained bullish with the market capitalisation gaining N28 73 billion to close at N26 908 trillion from N26 880 trillion posted on Wednesday Similarly the All Share Index rose by 53 29 points or 0 11 per cent to close at 49 889 80 from 49 836 51 achieved on Wednesday The upturn was impacted by gains recorded in medium and large capitalised stocks amongst which are Consolidated Hallmark Insurance Pharm Deko and FCMB On performance of the market analysts at Vetiva Dealing and Brokage said The month started off positive despite the drawback seen in market sentiment Barring any large volume transactions tomorrow we anticipate a quiet close to the week The market breadth closed positive with 14 gainers against 12 losers Pharma Deko led the gainers chart in percentage terms with 7 43 per cent to close at N1 88 per share UPDC and Consolidated Hallmark Insurance followed appreciating by five per cent each to close at N1 05 and 63k per share FCMB Group went up by 4 92 per cent to close at N3 20 while Fidelity Bank appreciated by 4 39 per cent to close at N3 33 per share On the other hand Mutual Benefits Assurance led the losers chart in percentage terms by 9 38 per cent to close at 29k per share Computer Warehouse Group followed with a decline of 9 09 per cent to close at 90k while Transcorp Nigeria shed 7 08 per cent to close at N1 05 per share Lasaco Assurance lost 6 8 per cent to close at 96k while Sterling Bank depreciated by 4 52 per cent to close at N1 48 per share Transactions in the shares of Sterling Bank topped the activity chart with 108 7 million shares valued at N159 82 million Guaranty Trust Holding Company followed with 34 52 million shares worth N680 45 million while Fidelity Bank traded 15 55 million shares valued at N50 59 million Mutual Benefits Assurance traded 9 18 million shares worth N2 77 million while Zenith Bank transacted 7 45 million shares worth N162 32 million However the total volume and value of trades fell by 38 per cent and 46 per cent each to 229 12 million shares and N1 75 billion respectively which were traded in 3 575 deals This was in contrast with 367 34 million shares worth N3 24 billion exchanged in 3 725 deals recorded on Wednesday www ng NewsSourceCredit NAN
    Stock market gains N29bn, indices up 0.11%
    Economy4 weeks ago

    Stock market gains N29bn, indices up 0.11%

    Trading on the domestic stock market remained bullish with the market capitalisation gaining N28.73 billion to close at N26.908 trillion from N26.880 trillion posted on Wednesday.

    Similarly, the All Share Index rose by 53.29 points or 0.11 per cent to close at 49,889.80 from 49, 836.51 achieved on Wednesday.

    The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are; Consolidated Hallmark Insurance, Pharm-Deko and FCMB.

    On performance of the market, analysts at Vetiva Dealing and Brokage said, “The month started off positive, despite the drawback seen in market sentiment.

    “Barring any large volume transactions tomorrow, we anticipate a quiet close to the week.

    ” The market breadth closed positive with 14 gainers against 12 losers.

    Pharma-Deko led the gainers’ chart in percentage terms with 7.43 per cent to close at N1.88 per share.

    UPDC and Consolidated Hallmark Insurance followed, appreciating by five per cent each to close at N1.05  and 63k per share.

    FCMB Group went up by 4.92 per cent to close at N3.20 while Fidelity Bank appreciated by 4.39 per cent to close at N3.33 per share.

    On the other hand, Mutual Benefits Assurance led the losers’ chart in percentage terms by 9.38 per cent to close at 29k per share.

    Computer Warehouse Group followed with a decline of 9.09 per cent to close at 90k, while Transcorp Nigeria shed 7.08 per cent to close at N1.05 per share.

    Lasaco Assurance lost 6.8 per cent to close at 96k, while Sterling Bank depreciated by 4.52  per cent to close at N1.48 per share.

    Transactions in the shares of Sterling Bank topped the activity chart with 108.7 million shares valued at N159.82 million.

    Guaranty Trust Holding Company followed with 34.52 million shares worth N680.45 million, while Fidelity Bank traded 15.55 million shares valued at N50.59 million.

    Mutual Benefits Assurance traded 9.18 million shares worth N2.77 million, while Zenith Bank transacted 7.45 million shares worth N162.32 million.

    However, the total volume and value of trades fell by 38 per cent and 46 per cent each  to 229.12 million shares and N1.75 billion respectively, which were traded in 3,575 deals.

    This was in contrast with 367.34 million shares worth N3.24 billion exchanged in 3,725 deals recorded on Wednesday.

    www.

    ng.


    NewsSourceCredit: NAN

  •   Taking over from the morning keynotes and panel discussions the Women in Energy Luncheon provided a crucial change of pace amidst the jam packed lineup of the first day of MSGBC 2022 https bit ly 3a4fuRb the exclusive event that provides a thought provoking but action oriented space for leading energy sector advocates to deliver inspiring messages and set ambitious goals towards gender equality in the workplace Leading this one of a kind meeting were HE Sophie Gladima Minister of Petroleum and Energy of the Republic of Senegal Shiva McMahon executive vice president of international operations for Woodside Energy Khady D Ndiaye Vice President and Country Manager for Senegal at Kosmos Energy and Dr Awa Marie Coll Seck Minister of State of the Republic of Senegal and President of the EITI National Committee Despite immense recent progress towards equality women still make up just 1 of CEOs in the energy field As McMahon noted In our industry only 52 women are promoted to the highest levels of leadership for every 100 men versus That s a shockingly low number rising to 86 in other fields And yet companies that have gender diverse leadership teams are 48 more likely to outperform companies that don t As HE Sophie Gladima has pointed out Here only 14 of women hold positions of responsibility in the sector It is a sector that scares people that is dominated by men and therefore keeps women at a distance The key to closing this gender gap is helping women understand that energy is in fact a cornucopia of opportunities and creating more opportunities to help women take on these roles There is hope for a female led STEM future that will revolutionize this gendered industry with women already driving the energy transition as 1 3 of the renewable energy workforce and today making up 17 of company boards of the electricity sector compared to just 2 five years earlier In the words of the Minister when young women become aware of the problem they are able to act to solve it They are women working with communities building solar farms trying to change the status quo and create a new future for energy More and more in Senegal we are seeing young women who dare to create their own companies and businesses and that alone is cause for hope The cornerstone of this change lies in local content upskilling and empowering people and communities on the ground rather than importing foreign skilled workers for tasks Dr Coll Seck commented that We need to help women get into education and study science Science is the same everywhere women are scarce and we need scientists in Africa to transform our work and our economies The presence of women in industry should not be the exception it should be the norm We are already seeing a lot of solidarity among women in these industries and these initiatives bring this marginalized group together to develop new means of bridging the gender gap Increasingly women are taking on positions of responsibility and doing them better than ever As moderator Eric A Williams president and principal consultant of Royal Triangle Solutions observed Women in business bring skills that can change workplace culture they lead differently ethically respectfully and compassionately They are good communicators and handle crisis situations well Or as McMahon put it Adaptability is absolutely a hallmark of every person here McMahon herself was born in Iran and educated in France moving from financial roles to executive level roles in the industry over the course of thirty years HE Minister Gladima she trained as a doctor and was previously Minister of Health Dr Coll Seck is a hydrological engineer by profession and Ndiaye started out as a banker for five years But as Ndiaye states Like all the biggest challenges in the energy industry breaking down the class wall for women s participation in energy is complex and requires the collaboration of people of all backgrounds and training We need to see women working as doctors engineers executives all kinds of roles at all stages of the supply chain and we will Immediately after lunch the first ministerial panel of the day will take place which will bring together top dignitaries and political leaders from West Africa to discuss issues of exploration investment and public private partnerships that write a future for African energy developing Africa
    Female Energy Figureheads Drive MSGBC Women in Energy Luncheon
      Taking over from the morning keynotes and panel discussions the Women in Energy Luncheon provided a crucial change of pace amidst the jam packed lineup of the first day of MSGBC 2022 https bit ly 3a4fuRb the exclusive event that provides a thought provoking but action oriented space for leading energy sector advocates to deliver inspiring messages and set ambitious goals towards gender equality in the workplace Leading this one of a kind meeting were HE Sophie Gladima Minister of Petroleum and Energy of the Republic of Senegal Shiva McMahon executive vice president of international operations for Woodside Energy Khady D Ndiaye Vice President and Country Manager for Senegal at Kosmos Energy and Dr Awa Marie Coll Seck Minister of State of the Republic of Senegal and President of the EITI National Committee Despite immense recent progress towards equality women still make up just 1 of CEOs in the energy field As McMahon noted In our industry only 52 women are promoted to the highest levels of leadership for every 100 men versus That s a shockingly low number rising to 86 in other fields And yet companies that have gender diverse leadership teams are 48 more likely to outperform companies that don t As HE Sophie Gladima has pointed out Here only 14 of women hold positions of responsibility in the sector It is a sector that scares people that is dominated by men and therefore keeps women at a distance The key to closing this gender gap is helping women understand that energy is in fact a cornucopia of opportunities and creating more opportunities to help women take on these roles There is hope for a female led STEM future that will revolutionize this gendered industry with women already driving the energy transition as 1 3 of the renewable energy workforce and today making up 17 of company boards of the electricity sector compared to just 2 five years earlier In the words of the Minister when young women become aware of the problem they are able to act to solve it They are women working with communities building solar farms trying to change the status quo and create a new future for energy More and more in Senegal we are seeing young women who dare to create their own companies and businesses and that alone is cause for hope The cornerstone of this change lies in local content upskilling and empowering people and communities on the ground rather than importing foreign skilled workers for tasks Dr Coll Seck commented that We need to help women get into education and study science Science is the same everywhere women are scarce and we need scientists in Africa to transform our work and our economies The presence of women in industry should not be the exception it should be the norm We are already seeing a lot of solidarity among women in these industries and these initiatives bring this marginalized group together to develop new means of bridging the gender gap Increasingly women are taking on positions of responsibility and doing them better than ever As moderator Eric A Williams president and principal consultant of Royal Triangle Solutions observed Women in business bring skills that can change workplace culture they lead differently ethically respectfully and compassionately They are good communicators and handle crisis situations well Or as McMahon put it Adaptability is absolutely a hallmark of every person here McMahon herself was born in Iran and educated in France moving from financial roles to executive level roles in the industry over the course of thirty years HE Minister Gladima she trained as a doctor and was previously Minister of Health Dr Coll Seck is a hydrological engineer by profession and Ndiaye started out as a banker for five years But as Ndiaye states Like all the biggest challenges in the energy industry breaking down the class wall for women s participation in energy is complex and requires the collaboration of people of all backgrounds and training We need to see women working as doctors engineers executives all kinds of roles at all stages of the supply chain and we will Immediately after lunch the first ministerial panel of the day will take place which will bring together top dignitaries and political leaders from West Africa to discuss issues of exploration investment and public private partnerships that write a future for African energy developing Africa
    Female Energy Figureheads Drive MSGBC Women in Energy Luncheon
    Africa4 weeks ago

    Female Energy Figureheads Drive MSGBC Women in Energy Luncheon

    Taking over from the morning keynotes and panel discussions, the Women in Energy Luncheon provided a crucial change of pace amidst the jam-packed lineup of the first day of MSGBC 2022 (https://bit.ly/ 3a4fuRb), the exclusive event that provides a thought-provoking but action-oriented space for leading energy sector advocates to deliver inspiring messages and set ambitious goals towards gender equality in the workplace.

    Leading this one-of-a-kind meeting were HE Sophie Gladima, Minister of Petroleum and Energy of the Republic of Senegal; Shiva McMahon, executive vice president of international operations for Woodside Energy; Khady D.

    Ndiaye, Vice President and Country Manager for Senegal at Kosmos Energy; and Dr. Awa Marie Coll-Seck, Minister of State of the Republic of Senegal and President of the EITI National Committee.

    Despite immense recent progress towards equality, women still make up just 1% of CEOs in the energy field.

    As McMahon noted, “In our industry, only 52 women are promoted to the highest levels of leadership for every 100 men versus.

    That's a shockingly low number, rising to 86 in other fields.

    And yet, companies that have gender-diverse leadership teams are 48% more likely to outperform companies that don't."

    As HE Sophie Gladima has pointed out, “Here, only 14% of women hold positions of responsibility in the sector.

    It is a sector that scares people, that is dominated by men and therefore keeps women at a distance.

    The key to closing this gender gap is helping women understand that energy is, in fact, a cornucopia of opportunities, and creating more opportunities to help women take on these roles."

    There is hope for a female-led STEM future that will revolutionize this gendered industry, with women already driving the energy transition as 1/3 of the renewable energy workforce and today making up 17% of company boards.

    of the electricity sector compared to just 2% five years earlier.

    .

    In the words of the Minister, “when young women become aware of the problem, they are able to act to solve it.

    They are women working with communities, building solar farms, trying to change the status quo and create a new future for energy.

    More and more in Senegal, we are seeing young women who dare to create their own companies and businesses and that alone is cause for hope.” The cornerstone of this change lies in local content: upskilling and empowering people and communities on the ground rather than importing foreign skilled workers for tasks.

    Dr. Coll-Seck commented that, “We need to help women get into education and study science.

    Science is the same everywhere, women are scarce, and we need scientists in Africa to transform our work and our economies...

    The presence of women in industry should not be the exception, it should be the norm.

    We are already seeing a lot of solidarity among women in these industries and these initiatives bring this marginalized group together to develop new means of bridging the gender gap.

    Increasingly, women are taking on positions of responsibility and doing them better than ever."

    As moderator Eric A.

    Williams, president and principal consultant of Royal Triangle Solutions, observed, “Women in business bring skills that can change workplace culture: they lead differently, ethically, respectfully and compassionately.

    They are good communicators and handle crisis situations well.” Or as McMahon put it, "Adaptability is absolutely a hallmark of every person here."

    McMahon herself was born in Iran and educated in France, moving from financial roles to executive-level roles in the industry over the course of thirty years.

    HE Minister Gladima, she trained as a doctor and was previously Minister of Health; Dr. Coll-Seck is a hydrological engineer by profession, and Ndiaye started out as a banker for five years.

    But as Ndiaye states, "Like all the biggest challenges in the energy industry, breaking down the class wall for women's participation in energy is complex and requires the collaboration of people of all backgrounds and training.

    ...

    We need to see women working as doctors, engineers, executives - all kinds of roles - at all stages of the supply chain: and we will.” Immediately after lunch, the first ministerial panel of the day will take place, which will bring together top dignitaries and political leaders from West Africa to discuss issues of exploration, investment and public-private partnerships that write a future for African energy developing Africa.

  •  Sen Mukhail Abiru APC Lagos East says he has disbursed N130million to vulnerable people in Lagos East Senatorial District under his COVID 19 Financial Relief Scheme This is contained in a statement signed by Enitan Olukotun his personal assistant on media on Thursday He said the no fewer than 2500 people comprising widows people with disabilities the aged unemployed youths and women benefitted from the scheme The senator added that the beneficiaries received direct monthly credit transfers of N5 000 each into their respective bank accounts Beneficiaries were nominated by 98 ward chairmen local government party chairmen Community Development Committees CDCs members of Governor s Advisory Council GAC Royal fathers League of Imams Christian Association of Nigeria CAN and notable leaders in the district also nominated beneficiaries he said According to him the scheme which kicked off in Jan 2021 was earlier planned to terminate in Dec 2021 but was continued in 2022 as the economic effects of the COVID 19 pandemic were yet to fully abate Abiru said his concern for the plight of the poor necessitated the continuation of the financial support to ease their hardship Abiru promised to continue to deliver on his electoral promise to positively impact the larger number of people in the senatorial district www ng NewsSourceCredit NAN
    COVID-19 : Sen. Abiru gives N130m to constituents
     Sen Mukhail Abiru APC Lagos East says he has disbursed N130million to vulnerable people in Lagos East Senatorial District under his COVID 19 Financial Relief Scheme This is contained in a statement signed by Enitan Olukotun his personal assistant on media on Thursday He said the no fewer than 2500 people comprising widows people with disabilities the aged unemployed youths and women benefitted from the scheme The senator added that the beneficiaries received direct monthly credit transfers of N5 000 each into their respective bank accounts Beneficiaries were nominated by 98 ward chairmen local government party chairmen Community Development Committees CDCs members of Governor s Advisory Council GAC Royal fathers League of Imams Christian Association of Nigeria CAN and notable leaders in the district also nominated beneficiaries he said According to him the scheme which kicked off in Jan 2021 was earlier planned to terminate in Dec 2021 but was continued in 2022 as the economic effects of the COVID 19 pandemic were yet to fully abate Abiru said his concern for the plight of the poor necessitated the continuation of the financial support to ease their hardship Abiru promised to continue to deliver on his electoral promise to positively impact the larger number of people in the senatorial district www ng NewsSourceCredit NAN
    COVID-19 : Sen. Abiru gives N130m to constituents
    General news4 weeks ago

    COVID-19 : Sen. Abiru gives N130m to constituents

    Sen. Mukhail Abiru, (APC – Lagos East) says he has disbursed N130million to vulnerable people in Lagos East Senatorial District under his COVID-19 Financial Relief Scheme.

    This is contained in a statement signed by Enitan Olukotun, his personal assistant on media on Thursday.

    He said the no fewer than 2500 people,comprising widows, people with disabilities,the aged,unemployed youths and women benefitted from the scheme.

    The senator added that the beneficiaries received direct monthly credit transfers of N5,000 each into their respective bank accounts .

    “Beneficiaries were nominated by 98 ward chairmen, local government party chairmen, Community Development Committees (CDCs), members of Governor’s Advisory Council(GAC) .

    “Royal fathers, League of Imams, Christian Association of Nigeria (CAN) and notable leaders in the district also nominated beneficiaries ,” he said.

    According to him, the scheme which kicked off in Jan. 2021 was earlier planned to terminate in Dec. 2021, but was continued in 2022 as the economic effects of the COVID-19 pandemic were yet to fully abate.

    Abiru said his concern for the plight of the poor necessitated the continuation of the financial support to ease their hardship.

    Abiru promised to continue to deliver on his electoral promise to positively impact the larger number of people in the senatorial district.

    www.

    ng
    NewsSourceCredit: NAN

  •  Head of the Civil Service of the Federation HCSF says government collaboration with the private sector is critical to enable important bankable projects come alive Dr Folashade Yemi Esan said this at the third quarter Public Private Partnership Consultative Forum 3PUCF meeting held in Abuja on Thursday The meeting was organised by the Infrastructure Concession Regulatory Commission ICRC The News Agency of Nigeria reports that the Q3 2022 meeting was hosted by the Nigeria Shippers Council Represented by Mr Farouk Yabo the Permanent Secretary Special Duties Office on the HCSF said the collaboration would ensure a win win situation where the government private sector and end users benefit from the services of such projects With the current situation of the Nigerian economy in recent times and increasing expectations for government to provide needed infrastructure PPP is much needed to help the economy grow My dear partners in progress the era of monotony of work is gone as we are to think outside the box to be able to have landmarks that generations unborn will build upon It is globally known that today PPP is the way to go to be able to close the gap in infrastructural deficits Therefore all hands must be on deck to help put the country where it should be in relation to provision of necessary infrastructure She said one of the key pillars of the Successor Plan of the Federal Civil Service Strategy and Implementation Plan FCSSIP25 was digitisation Yemi Esan said the Office of the HCSF OHCSF had ensured the commencement of the realisation of this pillar through the development of Standard Operating Procedures in all the Ministries Departments and Agencies MDAs However we all know that the success of digitisation depends on sustainable power supply and dependable communication network The importance of having such necessary infrastructure cannot be overemphasised Thus in the coming days the Office of the HCSF shall be working toward encouraging MDAS to provide the necessary infrastructure for the realisation of this pillar According to her the Lekki Deep Port project as reported is expected to have a direct economic impact by creating 169 972 jobs from port operations and expected revenue to state and federal agencies Yemi Esan said the revenue which would be gotten from taxes royalties and duties would amount to 201 billion dollars As we have also been informed the Lekki Deep Sea Port has recently received the approval of President Muhammadu Buhari for commercial operations commencing in the 4th quarter The Director General ICRC Michael Ohiani said the commission had issued 58 Full Business Case Compliance Certificates FBCs and 136 Outline Business Case certificates OBCs so far Ohiani said the commission recently issued three FBCs one to the National Space Research and Development Agency for the research and development of satellite technology and equipment The director general said this would be for the provision of cost effective satellite broadband to rural Nigeria Ohiani said the second FBCs was issued for the concession of planetarium and museum at the Obasanjo Space Centre Abuja He said the third was to the Nigeria Police Force for the re development of senior police officers quarters at Ikeja Lagos He said OBCs were also recently issued to the Federal Ministry of Health for the development of Oncology Centre of Excellence for cancer care in eight teaching hospitals across the six geo political zones The commission issued OBCs to the Federal Housing Authority for the development of a 200 hectare land at Lugbe through PPP Also to NNPC Medical Services Limited for three projects which include Kano Intravenous Fluid IVF Plant project Multi Specialist Hospital in Lagos and Multi Specialist Hospital in Maiduguri This brings the total number of OBCs issued so far to 136 Ohiani said the commission hoped to rejuvenate its 3PUCF Monitoring and Evaluation Committee so that visits that were derailed due to the pandemic and other logistical setbacks can be undertaken as scheduled He highlighted some other achievements of the commission to include the hosting of the two day Africa Public Private Partnership Network AP3N Investment programme held in July Ohiani said the programme with the theme Financing Africa s Infrastructure through PPP brought to the fore the real and urgent need for investments through PPP in Nigeria He congratulated the Federal Ministry of Transportation and the Nigerian Ports Authority for obtaining the Federal Executive Council s approval on the FBC for the development of the Badagry Deep Sea Port in Lagos on Aug 3 2022 NAN reports that the 3PUCF which was established in 2013 provides a platform for members to showcase the PPP projects being undertaken by their various MDAs It is also aimed at sharing experiences on challenges encountered with possible solutions to identified problems NewsSourceCredit NAN
    Yemi-Esan underscores need for PPP for bankable projects
     Head of the Civil Service of the Federation HCSF says government collaboration with the private sector is critical to enable important bankable projects come alive Dr Folashade Yemi Esan said this at the third quarter Public Private Partnership Consultative Forum 3PUCF meeting held in Abuja on Thursday The meeting was organised by the Infrastructure Concession Regulatory Commission ICRC The News Agency of Nigeria reports that the Q3 2022 meeting was hosted by the Nigeria Shippers Council Represented by Mr Farouk Yabo the Permanent Secretary Special Duties Office on the HCSF said the collaboration would ensure a win win situation where the government private sector and end users benefit from the services of such projects With the current situation of the Nigerian economy in recent times and increasing expectations for government to provide needed infrastructure PPP is much needed to help the economy grow My dear partners in progress the era of monotony of work is gone as we are to think outside the box to be able to have landmarks that generations unborn will build upon It is globally known that today PPP is the way to go to be able to close the gap in infrastructural deficits Therefore all hands must be on deck to help put the country where it should be in relation to provision of necessary infrastructure She said one of the key pillars of the Successor Plan of the Federal Civil Service Strategy and Implementation Plan FCSSIP25 was digitisation Yemi Esan said the Office of the HCSF OHCSF had ensured the commencement of the realisation of this pillar through the development of Standard Operating Procedures in all the Ministries Departments and Agencies MDAs However we all know that the success of digitisation depends on sustainable power supply and dependable communication network The importance of having such necessary infrastructure cannot be overemphasised Thus in the coming days the Office of the HCSF shall be working toward encouraging MDAS to provide the necessary infrastructure for the realisation of this pillar According to her the Lekki Deep Port project as reported is expected to have a direct economic impact by creating 169 972 jobs from port operations and expected revenue to state and federal agencies Yemi Esan said the revenue which would be gotten from taxes royalties and duties would amount to 201 billion dollars As we have also been informed the Lekki Deep Sea Port has recently received the approval of President Muhammadu Buhari for commercial operations commencing in the 4th quarter The Director General ICRC Michael Ohiani said the commission had issued 58 Full Business Case Compliance Certificates FBCs and 136 Outline Business Case certificates OBCs so far Ohiani said the commission recently issued three FBCs one to the National Space Research and Development Agency for the research and development of satellite technology and equipment The director general said this would be for the provision of cost effective satellite broadband to rural Nigeria Ohiani said the second FBCs was issued for the concession of planetarium and museum at the Obasanjo Space Centre Abuja He said the third was to the Nigeria Police Force for the re development of senior police officers quarters at Ikeja Lagos He said OBCs were also recently issued to the Federal Ministry of Health for the development of Oncology Centre of Excellence for cancer care in eight teaching hospitals across the six geo political zones The commission issued OBCs to the Federal Housing Authority for the development of a 200 hectare land at Lugbe through PPP Also to NNPC Medical Services Limited for three projects which include Kano Intravenous Fluid IVF Plant project Multi Specialist Hospital in Lagos and Multi Specialist Hospital in Maiduguri This brings the total number of OBCs issued so far to 136 Ohiani said the commission hoped to rejuvenate its 3PUCF Monitoring and Evaluation Committee so that visits that were derailed due to the pandemic and other logistical setbacks can be undertaken as scheduled He highlighted some other achievements of the commission to include the hosting of the two day Africa Public Private Partnership Network AP3N Investment programme held in July Ohiani said the programme with the theme Financing Africa s Infrastructure through PPP brought to the fore the real and urgent need for investments through PPP in Nigeria He congratulated the Federal Ministry of Transportation and the Nigerian Ports Authority for obtaining the Federal Executive Council s approval on the FBC for the development of the Badagry Deep Sea Port in Lagos on Aug 3 2022 NAN reports that the 3PUCF which was established in 2013 provides a platform for members to showcase the PPP projects being undertaken by their various MDAs It is also aimed at sharing experiences on challenges encountered with possible solutions to identified problems NewsSourceCredit NAN
    Yemi-Esan underscores need for PPP for bankable projects
    Economy4 weeks ago

    Yemi-Esan underscores need for PPP for bankable projects

    Head of the Civil Service of the Federation (HCSF), says government collaboration with the private sector is critical to enable important bankable projects “come alive”.

    Dr Folashade Yemi-Esan said this at the third quarter Public Private Partnership Consultative Forum (3PUCF) meeting held in Abuja on Thursday.

    The meeting was organised by the Infrastructure Concession Regulatory Commission ( ICRC).

    The News Agency of Nigeria reports that the Q3, 2022 meeting was hosted by the Nigeria Shippers Council.

    Represented by Mr Farouk Yabo, the Permanent Secretary, Special Duties Office on the HCSF, said the collaboration would ensure a win-win situation where the government, private sector and end users benefit from the services of such projects.

    “With the current situation of the Nigerian economy in recent times and increasing expectations for government to provide needed infrastructure, PPP is much needed to help the economy grow.

    “My dear partners in progress, the era of monotony of work is gone, as we are to think outside the box to be able to have landmarks that generations unborn will build upon.

    ” It is globally known that today, PPP is the way to go to be able to close the gap in infrastructural deficits.

    Therefore, all hands must be on deck to help put the country where it should be in relation to provision of necessary infrastructure.

    ” She said one of the key pillars of the Successor Plan of the Federal Civil Service Strategy and Implementation Plan (FCSSIP25) was digitisation.

    Yemi-Esan said the Office of the HCSF(OHCSF) had ensured the commencement of the realisation of this pillar through the development of Standard Operating Procedures in all the Ministries, Departments and Agencies (MDAs).

    “However, we all know that the success of digitisation depends on sustainable power supply and dependable communication network.

    The importance of having such necessary infrastructure cannot be overemphasised.

    “Thus, in the coming days, the Office of the HCSF shall be working toward encouraging MDAS to provide the necessary infrastructure for the realisation of this pillar.

    ” According to her, the Lekki Deep Port project, as reported, is expected to have a direct economic impact by creating 169,972 jobs from port operations and expected revenue to state and federal agencies.

    Yemi-Esan said the revenue which would be gotten from taxes, royalties and duties, would amount to 201 billion dollars.

    “As we have also been informed, the Lekki Deep Sea Port has recently received the approval of President Muhammadu Buhari for commercial operations commencing in the 4th quarter.

    ” The Director-General, ICRC, Michael Ohiani, said the commission had issued 58 Full Business Case Compliance Certificates (FBCs) and 136 Outline Business Case certificates (OBCs) so far.

    Ohiani said the commission recently issued three FBCs, one to the National Space Research and Development Agency for the research and development of satellite technology and equipment.

    The director-general said this would be for the provision of cost-effective satellite broadband to rural Nigeria.

    Ohiani said the second FBCs was issued for the concession of planetarium and museum at the Obasanjo Space Centre Abuja.

    He said the third was to the Nigeria Police Force for the re-development of senior police officers’ quarters at Ikeja, Lagos.

    He said OBCs were also recently issued to the Federal Ministry of Health, for the development of Oncology Centre of Excellence for cancer care in eight teaching hospitals across the six geo-political zones.

    “The commission issued OBCs to the Federal Housing Authority for the development of a 200-hectare land at Lugbe, through PPP.

    “Also to NNPC Medical Services Limited for three projects which include Kano Intravenous Fluid (IVF) Plant project, Multi-Specialist Hospital in Lagos and Multi Specialist Hospital in Maiduguri.

    “This brings the total number of OBCs issued so far to 136.” Ohiani said the commission hoped to rejuvenate its 3PUCF Monitoring and Evaluation Committee so that visits that were derailed due to the pandemic and other logistical setbacks can be undertaken as scheduled.

    He highlighted some other achievements of the commission to include the hosting of the two-day Africa Public Private Partnership Network (AP3N) Investment programme held in July. Ohiani said the programme with the theme, “Financing Africa’s Infrastructure through PPP”, brought to the fore the real and urgent need for investments through PPP in Nigeria.

    He congratulated the Federal Ministry of Transportation and the Nigerian Ports Authority for obtaining the Federal Executive Council’s approval on the FBC for the development of the Badagry Deep Sea Port in Lagos on Aug. 3, 2022. NAN reports that the 3PUCF which was established in 2013, provides a platform for members to showcase the PPP projects being undertaken by their various MDAs. It is also aimed at sharing experiences on challenges encountered with possible solutions to identified problems.


    NewsSourceCredit: NAN

  •  The Kaduna State Government on Thursday says Troops of Operation Forest Sanity have killed two suspected bandits in Birnin Gwari Local Government Area of the state The Commissioner for Internal Security and Home Affairs Mr Samuel Aruwan confirmed the incident in a statement issued in Kaduna Aruwan said the troops made further gains as they continued fighting patrols and clearance operations in the Birnin Gwari area According to him the development was confirmed in an operational feedback to the state government It was reported that the troops embarked on the clearance patrol along the Birnin Gwari Doka Sabon Layi Kuriga Maganda Farin Ruwa road he added Aruwan explained that the troops made contact with the bandits at Farin Ruwa and neutralized two of them while others were forced to withdraw under the troops superior firepower The Kaduna State Government received the development with satisfaction and commended the troops for another successful round of operations he added The Commissioner said clearance and fighting patrols have continue in the general area NewsSourceCredit NAN
    Troops continue operation in Birnin Gwari, neutralize 2 bandits
     The Kaduna State Government on Thursday says Troops of Operation Forest Sanity have killed two suspected bandits in Birnin Gwari Local Government Area of the state The Commissioner for Internal Security and Home Affairs Mr Samuel Aruwan confirmed the incident in a statement issued in Kaduna Aruwan said the troops made further gains as they continued fighting patrols and clearance operations in the Birnin Gwari area According to him the development was confirmed in an operational feedback to the state government It was reported that the troops embarked on the clearance patrol along the Birnin Gwari Doka Sabon Layi Kuriga Maganda Farin Ruwa road he added Aruwan explained that the troops made contact with the bandits at Farin Ruwa and neutralized two of them while others were forced to withdraw under the troops superior firepower The Kaduna State Government received the development with satisfaction and commended the troops for another successful round of operations he added The Commissioner said clearance and fighting patrols have continue in the general area NewsSourceCredit NAN
    Troops continue operation in Birnin Gwari, neutralize 2 bandits
    Defence/Security4 weeks ago

    Troops continue operation in Birnin Gwari, neutralize 2 bandits

    The Kaduna State Government, on Thursday says Troops of Operation Forest Sanity have killed two suspected bandits in Birnin Gwari Local Government Area of the state.

    The Commissioner for Internal Security and Home Affairs, Mr Samuel Aruwan, confirmed the incident in a statement issued in Kaduna.

    Aruwan said the troops made further gains as they continued fighting patrols and clearance operations in the Birnin Gwari area.

    According to him, the development was confirmed in an operational feedback to the state government.

    “It  was reported that the troops embarked on the clearance patrol along the Birnin Gwari-Doka-Sabon Layi-Kuriga-Maganda-Farin Ruwa road,” he added.

    Aruwan explained that the troops made contact with the bandits at Farin Ruwa and neutralized two of them while others were forced to withdraw under the troops’ superior firepower.

    “The Kaduna State Government received the development with satisfaction, and commended the troops for another successful round of operations,” he added.

    The Commissioner said clearance and fighting patrols have continue in the general area.

    (.


    NewsSourceCredit: NAN

  •   The independent Ethics Committee adjudication body has banned Mr Obert Zhoya former Secretary General of the Zimbabwe Football Association ZIFA Committee of Referees from all football related activities for five years after finding him guilty of abusing his position to sexually harass three ZIFA referees In addition the adjudicative body imposed a fine of CHF 20 000 on Mr Zhoya After a careful analysis of the written statements of the victims as well as the various pieces of evidence collected during the investigations conducted by the investigating body the adjudicating body was satisfied that Mr Zhoya had violated art 23 Protection of physical and mental integrity art 25 Abuse of office and as a corollary art 13 General Duties of the Code of Ethics The terms of the decision were notified to Mr Zhoya today the effective date of the ban and will be followed by notification of the reasons within the next 60 days in accordance with the Code of Ethics FIFA has a strict stance against all forms of abuse in football and the Ethics Committee handles all such cases in accordance with the Code of Ethics taking into account the specificity of each one FIFA also provides a confidential dedicated highly secure web based whistleblowing system https fifa fans 3Tz84I3 for individuals to report any protection issues
    The decision-making body of the independent Ethics Committee sanctions Obert Zhoya
      The independent Ethics Committee adjudication body has banned Mr Obert Zhoya former Secretary General of the Zimbabwe Football Association ZIFA Committee of Referees from all football related activities for five years after finding him guilty of abusing his position to sexually harass three ZIFA referees In addition the adjudicative body imposed a fine of CHF 20 000 on Mr Zhoya After a careful analysis of the written statements of the victims as well as the various pieces of evidence collected during the investigations conducted by the investigating body the adjudicating body was satisfied that Mr Zhoya had violated art 23 Protection of physical and mental integrity art 25 Abuse of office and as a corollary art 13 General Duties of the Code of Ethics The terms of the decision were notified to Mr Zhoya today the effective date of the ban and will be followed by notification of the reasons within the next 60 days in accordance with the Code of Ethics FIFA has a strict stance against all forms of abuse in football and the Ethics Committee handles all such cases in accordance with the Code of Ethics taking into account the specificity of each one FIFA also provides a confidential dedicated highly secure web based whistleblowing system https fifa fans 3Tz84I3 for individuals to report any protection issues
    The decision-making body of the independent Ethics Committee sanctions Obert Zhoya
    Africa4 weeks ago

    The decision-making body of the independent Ethics Committee sanctions Obert Zhoya

    The independent Ethics Committee adjudication body has banned Mr. Obert Zhoya, former Secretary General of the Zimbabwe Football Association (ZIFA) Committee of Referees, from all football-related activities for five years, after finding him guilty of abusing his position to sexually harass three ZIFA referees.

    In addition, the adjudicative body imposed a fine of CHF 20,000 on Mr. Zhoya.

    After a careful analysis of the written statements of the victims, as well as the various pieces of evidence collected during the investigations conducted by the investigating body, the adjudicating body was satisfied that Mr. Zhoya had violated art.

    23 (Protection of physical and mental integrity), art.

    25 (Abuse of office) and, as a corollary, art.

    13 (General Duties) of the Code of Ethics.

    The terms of the decision were notified to Mr. Zhoya today, the effective date of the ban, and will be followed by notification of the reasons within the next 60 days in accordance with the Code of Ethics.

    FIFA has a strict stance against all forms of abuse in football and the Ethics Committee handles all such cases in accordance with the Code of Ethics, taking into account the specificity of each one.

    FIFA also provides a confidential, dedicated, highly secure, web-based whistleblowing system (https://fifa.fans/3Tz84I3) for individuals to report any protection issues.