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NAICOM: Don’t shun insurance despite inflation, harsh business environment

File Photo As businesses and individuals adopt cost reduction measures in response to rising inflation and the harsh business environment, the National Insurance Commission, NAICOM, has charged Nigerians to avoid the tendency to shun insurance of their assets. Commissioner for Insurance, Mr. Sunday Thomas, who gave the charge noted that despite the biting inflation in the country, even as people reduce the cost of expenses, this is not the best of time to reduce insurance consumption. Thomas stated this at a webinar organised by Coronation Insurance Plc in partnership with Access Bank Plc, with the theme: “Managing Business Risks at a Time of Uncertainty.” Thomas, who was represented by Mr. Taiwo Adeoye, Technical Adviser to the Commissioner for Insurance, noted that sometimes the gain in ...

CAN: Nigeria almost becoming a failed nation

File Photo The Christian Association of Nigeria (CAN) has condemned the abduction of 333 students of Government Secondary School, Kankara, Katsina State. CAN also said that the worsening security situation across the country shows that Nigeria is “almost becoming a failed nation.” The group’s statement by Adebayo Oladeji, Special Assistant (Media and Communications) to the CAN President, described the incident as another tragic chapter in the history of the country. Newsmen reported how 333 schoolboys of the school were abducted on Friday by the gunmen. A terrorist group, Boko Haram, has claimed responsibility for the raid. The federal government said security operatives have already located where the abducted students were taken to and they “would soon be rescued”. CAN expressed its sadne...

Senator Yerima joins 2023 presidential race

Former Governor of Zamfara State, Senator Ahmed Sani Yerima, says there has never been any agreement in the ruling All Progressives Congress (APC) to zone the presidency to the South-West region in 2023. Yerima made this known in Abuja on Wednesday, December 16, 2020, at a media briefing, where he declared his interest to contest for president at the end of President Muhammadu Buhari’s tenure in 2023. Yerima said he had on three occasions stepped down to allow Buhari to win the presidential ticket of defunct All Nigeria Peoples Party (ANPP) as well as the All Progressives Congress. The former governor said he attended all meetings involving President Buhari and the National leader of the ruling party, Asiwaju Bola Tinubu, saying there was no meeting where it was agreed that the presidency ...

Nigeria loses 250,000 babies to preventable, treatable causes annually – experts

Despite the global efforts to end preventable newborn deaths by 2030, through the Sustainable Development Goal 3.2, experts have raised the alarm that Nigeria loses over 250,000 babies yearly due to preventable and treatable causes, even as the country ranks second highest globally in infant deaths. According to a Professor of Paediatrics at the College of Medicine University of Lagos, and Clinical Lead, Newborn Essential Solution and Technologies, NEST360, Professor Chinyere Ezeaka, with current slow progress, it may take Nigerian 100 years to meet the goal. Ezeaka identified causes of newborn deaths in Nigeria to include prematurity, infections, birth asphyxia, congenital abnormalities among others, she said these would be reduced with the wide-scale adoption of comprehensive newborn car...

Senator Musa: Two killed, 30 abducted, 5,000 homeless in Niger East

Chairman, Senate Services Committee, Senator Mohammed Sani Musa, All Progressives Congress, APC, Niger East has raised the alarm that the insecurity situation in his Senatorial District is worsening every day, saying that it has been one week of sleeplessness and horror. Senator Musa has reiterated his call on President Muhammadu Buhari to put the security operatives on their toes to ensure they live up to their responsibilities of protecting the lives of the citizens, adding that if security agencies in the country cannot guarantee the protection of lives and property of the citizens, then Nigeria may be on the precipice of anarchy. According to him, the horrible event in the last one week in Niger State and particularly in Niger East Senatorial District has raised tension and uncertainti...

Nigerian government says 300,000 mass housing scheme strictly for low income earners

The Federal Government says its Social Housing Programme, one of the components of the National Economic Sustainability Plan (NESP), is targeted at low income earners. Imeh Okon, Senior Special Assistant to the President on Infrastructure, who made this clarification on Tuesday in Abuja, said the scheme was not meant for politicians or highly placed persons. The 300,000 social housing programme is a component of the NESP designed by the Vice President Yemi Osinbajo-led committee constituted by President Muhammadu Buhari to cushion the effects of COVID-19 on Nigerians. She explained that one of the objectives of the administration was to provide houses for citizens across the country. Okon said that the houses would be durable and of high quality not minding the low prices. “It is a social ...

Foundation feeds 1,000 Calabar orphans at yuletide

The Romeo Odey Cares Foundation has visited Infant Jesus Orphanage Home and Good Samaritan Home, both in Calabar, Cross River State, feeding over 1,000 orphans as part of its mission to cater for the most indigent members of society. A statement delivered to newsmen by the Brand Manager of the Foundation, Gidyon Thompson, explained that the gesture extended to helpless children from the streets of Calabar. The foundation, owned by network marketing expert Romeo Odey, said the gesture was a way of giving back to society. According to him, the move is part of Odey’s decision to affect humanity positively. He urged the federal and state government to step up and take responsibility for the children on the streets to avert impending doom. He added that the serial entrepreneur would launch two ...

Lady A Releases New Song “My Name Is All I Got” in Response to Lady A: Stream

Anita White, the Seattle blues singer best known as Lady A, has released a new song called “My Name Is All I Got”. The track was seemingly written in response to her ongoing legal battle with Lady A, aka the band formerly known as Lady Antebellum. Stream it below. “My Name Is All I Got” is a boisterous, heartening, blues number about standing tall and being proud of your identity. “Oh they tried to take my name, but my name is all I got,” she sings in the opening verse. Later on in the song, she thanks Margo Price for saying “the real Lady A” should be invited to play the Grand Ole Opry (“That’s what true allyship looks like,” sings White) and comends Chris Stapleton for saying “Black lives matter” in a CBS interview, notes Pitchfork. This is the latest in an ongoing tug-of-war between the...

Ex-President Jonathan: I was judged harshly before 2015 elections because …

Former President Goodluck Jonathan on Tuesday said he was wrongly judged by some of his friends and political opponents before the 2015 presidential election because of his personal convictions and the vision he had for the country. He, however, insisted that he does not hold any grudge against his detractors for their harsh criticisms. It would be recalled that the ex-President was widely criticised, before the election, for his approach to alleged corruption in his administration, the perennial problem of insecurity, and the sacking of some top government functionaries within his administration including the former Central Bank Governor, Sanusi Lamido Sanusi, ex-Chief of Army Staff, Lt. Gen. Azubuike Ihejirika, among other. Speaking in Abuja during the public presentation of a book ‘Dear...

Senators decry executive’s disregard for resolutions on insecurity

Federal lawmakers, on Tuesday, deplored the federal government’s continued disregard for Senate’s resolutions on the issue of national security. The Senators spoke while contributing to a motion on the recent kidnapping of students at the Government Science School, Kankara, Katsina State. The Red Chamber had twice called for the replacement of the service chiefs. The lawmakers, in their various contributions to the motion, expressed deep frustration over the recurring issues of killings and kidnappings across the country and the inability of the security agencies to address the challenges. They insisted that the service chiefs had overstayed and should allow other officers with fresh ideas to take over. Senator Mohammed Sani Musa (APC, Niger) said, “Every day, people are dying and nothing ...

AKK gas pipeline at 15 percent completion – NNPC chief

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, says the construction of Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project is currently at 15 per cent completion. Kyari disclosed this at the inspection of the second leg of the project at Karogo community in Igabi Local Government Area, Kaduna State, on Tuesday. “The project is currently at about 15 per cent completion but what is important for us to know is that we are crossing the river Niger, what we call the Ndoni-Aboh river crossing in Rivers and Delta states that will deliver gas from the eastern part to the country into the western corridor. “That means expanding gas supply into the help line and also making gas ready. We are happy that this project is going on and we will deliver it...

US Senate Republican leader congratulates Joe Biden

Republican Senate Majority Leader Mitch McConnell congratulated President-elect Joe Biden on Tuesday, dealing a blow to any lingering hopes Donald Trump may have had of reversing his election defeat. “The Electoral College has spoken,” the powerful senator from Kentucky said in a speech on the Senate floor. “So today I want to congratulate President-elect Joe Biden.” McConnell also congratulated California Senator Kamala Harris on her election as Vice President. “Beyond our differences, all Americans can take pride that our nation has a female Vice President-elect for the first time,” McConnell said. Members of the Electoral College met around the country on Monday and delivered 306 votes to Biden and 232 to Trump, who has refused to concede the November 3 election and claimed falsely that...