Home » System » Page 7

System

Ex-VP Namadi Sambo advocates shift in Nigerian educational system

Reuters Former Vice President Namadi Sambo has advocated for a dynamic approach of the Nigerian educational system to produce employees with skills and ability to handle complex jobs and create opportunities for others. Sambo made the call in his goodwill message at the 22nd Matriculation of Igbinedion University, Okada, on Saturday in Edo. The former vice president noted that it was the best time for the country to refocus from one size-fits-all approach that creates employees that are not fit for complex jobs. According to him, Nigerian universities must refocus on building of graduates that will create and end poverty among the people and ultimately close the wide social inequality and promote social coefficient in the communities. “As a nation, we must focus our educational system to o...

Chukwuma Soludo: I received 19 threats during banking consolidation era

YouTube The former governor of the Central Bank of Nigeria, CBN, Professor Charles Chukwuma Soludo, at the weekend in Awka, narrated how he received 19 written threats on his life following his decision to embark on banking consolidation in Nigeria in 2004 when he became the boss of the nation’s apex bank. In an interview, Soludo also recalled attempts made to kidnap his children at Offa, Kwara State where they were at the time because many people felt threatened by the policy. He said: “I am a very impatient person to see change happen and I am passionate in anything I focus on. When I was the chief economic adviser to President Olusegun Obasanjo, and the tenure of the former CBN governor ended and I came in. within one month, I announced a 13 – point agenda for banking consolidation. “At...

SSANU, NASU suspends strike after three weeks

File Photo The Joint Action Committee, JAC, of non-teaching staff unions of universities has announced the suspension of its three weeks old strike with effect from midnight of February 26. The national leadership of JAC non-teaching staff comprises of the Senior Staff Association of Nigerian Universities (SSANU) and Non-Academic Staff Union of the Universities (NASU). The union which conveyed its decision during media briefing it held after the conciliatory meeting with the federal government, explained that it agreed to suspend the national strike after extracting some concessions from the government. Speaking through NASU General Secretary, Peters Adeyemi, the union said its demands have been harmonized to the satisfaction of both parties, just as he stressed that they will continue to ...

Coronavirus: Niger government directs civil servants to resume work March 1

Niger State Government on Thursday directed all civil servants to resume work from March 1. The State Commissioner for Information, Malam Sani Idris, disclosed this during a press conference in Minna. He said the Gov. Abubakar Sani-Bello gave the directives during Thursday’s weekly State Executive Council Meeting. Newsmen report that the state government had on Dec. 21 directed civil servants to stay at home as a result of the upsurge of the second wave of the Coronavirus (COVID-19) in the country. Also, Alhaji Yusuf Suleiman, the State Commissioner for Water Resources said the ministry presented a memo seeking approval to establish Small Towns Water and Sewage Agency. He said the memo was approved by the council which would be translated to the state house of assembly to come up with a bi...

Crypto ban: We acted in Nigerians’ best interest – CBN

The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the Bank’s decision to prohibit deposit money banks, non-banking institutions, and other financial institutions from facilitating trading and dealings in cryptocurrency is in the best interest of Nigerian depositors and the country’s financial system. Mr Emefiele made the declaration on Tuesday, February 23, 2021, while briefing a joint Senate Committee on Banking, Insurance and Other Financial Institutions; ICT and Cybercrime; and Capital Market, on its directive to institutions under its regulation. Describing the operations of cryptocurrencies as dangerous and opaque, the CBN Governor said the use of cryptocurrency contravened an existing law. He said given the fact that cryptocurrencies were issued by unregulated and...

Nigerian bank chief calls for review of educational reforms

The managing director/CEO of Sterling Bank Plc, Mr Abubakar Suleiman, has called for a review of Nigeria’s educational system so as to make it relevant to current and future human capital requirements in the country. Suleiman made the call while speaking as a panelist in a session on “Roadmap To Shared Prosperity – Ensuring Inclusive Human Capital Development” at the just concluded 8th Lagos Economic Summit, Ehingbeti 2021. He observed that Nigeria’s current educational system will continue to fail in its role of delivering the human resources needed by industry now and in the future unless the federal government redefines its commitment to the system. According to him, “The educational system that is operational in the country today appears to be only suitable for academia and not for inc...

Apple’s App Store hosting multi-million dollar scams – developer

Mobile app developer Kosta Eleftheriou has a new calling that goes beyond software development: taking on what he sees as a rampant scam problem ruining the integrity of Apple’s App Store. Eleftheriou, who created the successful Apple Watch keyboard app FlickType, has for the last two weeks been publicly criticizing Apple for lax enforcement of its App Store rules that have allowed scam apps, as well as apps that clone popular software from other developers, to run rampant. These apps enjoy top billing in the iPhone marketplace, all thanks to glowing reviews and sterling five-star ratings that are largely fabricated, he says. Up to now, I’ve been in the “Apple *wants* to do the right thing” camp. My viewpoint is starting to change. How to spot a $5M/year scam on the @AppS...

Somali opposition leaders ‘no longer recognise president’

Jack Hill/Reuters Somalia’s opposition leaders have announced that they no longer recognise President Mohamed Abdullahi Mohamed, after his term expired without a political agreement on a path toward elections to replace him. The Horn of Africa nation was supposed to hold indirect elections before February 8 but the deadline was missed as the central government and federal states failed to break a deadlock over how to proceed with a vote. It now confronts a political crisis alongside a violent Islamist insurgency, a locust invasion and serious food shortages. A coalition of opposition candidates urged the president, better known by his nickname Farmajo, to “respect the constitution” and ensure a peaceful transfer of power in the fragile country. “Starting from 8th February 2021, the council...

China joins calls for IWF to publish list of election candidates

Nations from around the world have written to the International Weightlifting Federation (IWF) to express their dismay at the governing body’s failure to publish the list of candidates for forthcoming elections. There have been complaints of poor governance, a lack of transparency, and giving an unfair advantage to certain candidates on the current IWF Executive Board who have the information that is denied to others. For the last elections in 2017 the list was published five days after the nominations deadline. This year, eight days have passed already and there is no sign of the IWF naming the candidates for President, first vice-president, vice-president, and a place on the Executive Board. The IWF is entitled, under current regulations, to wait until 30 days before the elections – Febr...

PDP asks US, others to prevail on President Buhari to protect Nigerians

Ahead of its proposed conference on security, the Peoples Democratic Party, PDP, has called on the United States of America and other members of the international community to prevail on President Muhammadu Buhari to take decisive steps to protect Nigerians and curb escalated violence, terrorism and banditry ravaging many parts of the country. The party also tasked President Buhari to respond to a widespread cry for credible elections in the land by making a personal commitment towards an accelerated amendment to the Electoral Act, to among other things, “give statutory force to simultaneous electronic transmission of results and use of card readers in elections.” PDP National Chairman, Prince Uche Secondus, presented made this known at a crucial meeting with the political officer with the...

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...