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NNPC commits to ensuring energy sufficiency, wealth creation for Nigerians

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to ensuring effective stewardship of the nation’s hydrocarbon resources to guarantee energy security and drive wealth creation in Nigeria. The Group Managing Director of NNPC, Mallam Mele Kyari, made this assertion while delivering the keynote address at the 2021 Nigeria Oil and Gas Conference and Exhibition (NOG 2021) on Tuesday in Abuja. Speaking on the topic: “Vision and Priorities for Nigeria’s Energy Transformation,” Mallam Kyari stated that for a nation with a teeming youth and a developing economy, Nigeria needed the right policies to unlock its huge economic potential, stressing that NNPC was working towards bridging the energy gap to multiply wealth for its varied stakeholders. “We see a nation that m...

UNN vice chancellor: Coronavirus pandemic most global challenge since World War II

Prof. Charles Igwe, the Vice-Chancellor of University of Nigeria, Nsukka (UNN) has said that COVID-19 pandemic is arguably the most global challenge since world war II. Igwe said this in Nsukka on Monday during UNN 1st Annual International Conference titled: “A Whole New World; Research, Development and Innovation in the Pandemic Era.” He said that COVID-19 which has killed many people across the globe as well as infected many others has affected the economy, lives, people’s ways of living in virtually every country of the world. “COVID-19 pandemic is the most serious global challenge since the world war II the world has witnessed. “As this has affected the economy, people’s ways of life and behaviour of entire people of the world,” he said. He commended federal government on handling the ...

Thomas Tuchel targets four signings at Chelsea after contract extension

According to the Daily Star, Chelsea manager Thomas Tuchel wants to bring in four new players this summer after signing a new contract with the club. Tuchel arrived at the Bridge in January earlier this year, after Chelsea had sacked club legend Frank Lampard owing to a disappointing run of results that threatened to derail the campaign. Under the German, though, the Blues experienced a tremendous turnaround as they clinched a top-four finish in the Premier League and also made it to the FA Cup finals. But the cherry on top was Chelsea going on to win the UEFA Champions League for just the second time in the history of the club, beating Man City in the finals in Porto. Following the sensational turnaround, Tuchel, who had initially signed just an eighteen-month contract, has now been hande...

House asks federal government to suspend upcoming census exercise

Following the ravaging insecurity in the country, the House of Representatives yesterday called on the federal government to suspend the upcoming census exercise until security improved. The House also said it will be counter-productive and a waste of scarce financial resources to conduct such exercise amidst the economic recession. The call was made on the heel of a motion under matters of urgent public importance titled “Call on the federal government of Nigeria to Suspend the Proposed 2021 Population and Housing Census to be conducted by the National Population Commission” sponsored by Shelia Barwa Bell. Moving the motion, Bell said that the state of insecurity would not guarantee accuracy if the census was conducted now, arguing that many Nigerians have fled their homes and villages. H...

Akwa Ibom wins CIRDDOC 2020 best budget transparency award

In a move that gives credence and endorsement of the commitment of the Udom Emmanuel led administration in ensuring openness, transparency and accountability in budgeting and governance, the Akwa Ibom State Government has been ranked one of the best performing states in the 2020 sub-National Budget Transparency Survey. The survey which was conducted by the Civil Resource Development and Documentation Centre (CIRDDOC) to ascertain the level of budget performance by states of the federation revealed that Akwa Ibom and four other states topped the budget performance index for the year, 2020. The Nigerian States Budget Transparency Survey Report also revealed that Akwa Ibom and some other Nigerian States have significantly improved budget transparency and participation, and has improved the ro...

Kwara governor appoints 24-year-old as SSA on youth engagement

Gov. AbdulRahman AbdulRazaq of Kwara has appointed 24-year-old Kaosarah Adeyi as his Senior Special Assistant on Youth Engagement. Malam Rafiu Ajakaye, Chief Press Secretary (CPS) to the Governor, said this in a statement in Ilorin on Tuesday. Similarly, the governor has appointed Hajia Fatima Audu as Special Adviser on Women Affairs. Adeyi, an author who is renowned for her extensive reach within the youth constituency, is a graduate of the University of Ilorin where she is a mentor for the varsity’s empowerment beneficiaries. A youth entrepreneur, her roles entail sharing practical examples with mentees, giving mentorship on entrepreneurship and advising on how to manage school activities with their business goal-setting, planning and implementation. According to the statement, the mille...

Umahi urges women to maintain priorities as mothers

File Photo The wife of the governor of Ebonyi State, Rachael Umahi, has urged women faithful to maintain their priorities as mothers and stick to God’s word for a better family. Mrs Umahi made the call on Sunday at the 2021 Mother’s Day celebration at the Christ Embassy Church, Abakaliki. The governor’s wife encouraged the women to also remain committed in the faces of challenges and continue to dwell in the word of God for a better life as well. “We must be excellent women in action, pillars of blessings and develop ourselves with God’s word for development. “We must also learn to tell our husbands bitter truth base on the words of God for the well-being of family and society. “Live out dreams in you every day, train your children to love and share,” Umahi said. Speaking, the Pastor in ch...

AfDB provides $400,000 grant for SEC

African Development Bank Group (AfDB) on Friday signed a $400,000 grant agreement with the Securities and Exchange Commission (SEC) to strengthen securities market regulation and broaden market instruments. The funds, according to a statement from AfDB, will go towards strengthening the risk-based supervision framework, regulation of derivatives and green bonds, and build capacity for green finance. The grant will be sourced from the Capital Markets Development Trust Fund, a multi-donor fund administered by the Bank. “This collaboration further underscores our mutual goal to grow our markets and create viable avenues for sustainable economic development for Nigeria and the region,” said Lamido Yuguda, Director General of the Securities and Exchange Commission at the virtual signing ceremon...

Anti-coup protests ring out in Myanmar’s main city

The din of banging pots and honking car horns reverberated through Myanmar’s biggest city of Yangon late on Tuesday in the first widespread protest against the military coup that overthrew elected leader Aung San Suu Kyi. The party of the detained Nobel Peace laureate called for her release by the junta that seized power on Monday and is keeping her at an undisclosed location. It also demanded recognition of her victory in a November election. A senior official from her National League for Democracy (NLD) said he had learned she was in good health a day after her arrest in a military takeover that derailed Myanmar’s tentative progress towards full democracy. The U.N. Security Council was due to meet later on Tuesday amid calls for a strong global response to the military’s latest seizure o...

NESG: Nigerian economy to beat IMF growth forecast in 2021

The Nigerian Economic Summit Group has predicted a growth rate of 2.9 per cent for the Nigerian economy in 2021, higher than the 1.5 per cent growth rate suggested by the International Monetary Fund. The NESG identified eight key policies and events that will help shape the outlook of Nigerian economy in 2021. This is contained in the group’s 2021 Macroeconomic Outlook Report titled, “Four Priorities for the Nigerian Economy in 2021 and Beyond,” launched virtually on Tuesday. According to the report, for Nigeria’s economy to get back on track, the economy needs a high, robust and sustained economic growth that will deliver a significant reduction in unemployment and poverty. The report said the government’s most important agenda in 2021 must be to address these problems as a foundation for...

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