technology
Borno governor extends service years of tertiary institution staff to 65
Governor Babagana Umara Zulum has approved the service elongation of academic staff of tertiary institutions in Borno State. Zulum has assented to the bill passed by the Borno State House of Assembly on the service elongation. A statement from the Senior Special Assistant on Media to the Governor, Baba Sheikh Haruna, indicates that, the tenure of service year of the academic staff is now 65 years of retirement age and 40 years of service. ” The approval followed a bill sent to the legislature by the Executive for the elongation of service year of academic Staff of tertiary institutions in the country. ” The Nine tertiary institutions in Borno to benefit include the Ramat Polytechnic Maiduguri, Kashim Ibrahim College of Education Maiduguri, Umar Ibn Ibrahim College of Education Science and ...
Women’s Day: Nigerian government urged to look deeper into Leah Sharibu’s case
Sen. Bassey Ewa Henshaw (Cross River South 2003-2011) on Friday called for more equitable distribution of positions, responsibilities and opportunities irrespective of gender and social status to bring out the best in the citizens. Henshaw made the call in Lagos at the flag-off of activities to mark the 2021 International Women’s Day celebration by the Nigeria Girl Guides Association (NGGA). The event featured election of new executives of the NGGA. The theme of this year’s International Women’s Day celebration is: “Choose to Challenge”. The International Women’s Day, held every March 8, is to celebrate the social, economic, cultural and political achievements of women. According to the lawmaker, giving equal opportunities to all will provide a sense of belonging to all and advance nationa...
President Buhari charges security agencies improve Nigeria’s ranking on global security index
Worried by the rising level of insecurity in the country, President Muhammadu Buhari on Thursday charged the nation’s security agencies to up the ante in their drive towards protection of lives and property. He also directed the Nigeria Immigration Service (NIS) to improve surveillance and control around the nation’s borders so that criminal elements won’t find Nigeria as a safe haven to hide and perpetrate their criminality. The President, in a speech at the virtual Commissioning of the Nigeria Immigration Service (NIS) Technology Building, instructed all security agencies to raise their performance in protecting lives and property, with a mandate that the country’s Global Security Index must be improved. He said “It is imperative that our ranking in the Global Security Index improves and...
Nigerian government to launch new pricing framework for gas operations
The chairman of National Gas Expansion Programme (NGEP), Mohammed Ibrahim, says the federal government will launch a new pricing framework to regulate operations in the gas sector. He was speaking on Friday at the 12th Nigerian Gas Association international conference. Represented by Olasupo Agbaje, a member of NGPE, Ibrahim said Nigeria needs to unlock new frontiers in the gas sector. He said the government is working towards achieving a 40 per cent conversion from petrol to gas for vehicles in the country. “As a nation we are committed to unlocking new frontiers through a combination of policy and technology. In terms of unlocking these frontiers, we find that we need to undertake a pricing framework review that has been concluded and in the next few days, we are going to be having a new...
Nigerian government announces additional economic zones for agric, textile
The federal government has approved the expansion of the existing Free Trade Zones (FTZs), as well as the activation of existing ones to respond to the demands of the African Continental Free Trade Area Agreement (AfCFTA) and the COVID-19 pandemic. The Managing Director, Nigerian Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba, who disclosed this Wednesday, further identified the new economic zones to include Funtua FTZ Katsina for textile and cotton, Lagos FTZ for medical, as well as Kwara for agriculture. Speaking while receiving the leadership of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), led by Hajiya Saratu Iya Aliyu in his office, Adesugba said the move seeks to boost the industrialisation agenda of the present admi...
VP Osinbajo: We must resist all attempts to tear Nigeria apart
Vice President Yemi Osinbajo has called on Nigerians to resist any attempt to divide the nation saying Nigeria is better as one indivisible entity. He also called for the strengthening of community policing structures which he said will result in improved security situation across the country. Osinbajo who made this known on Tuesday while revalidating his membership of the ruling All Progressives Congress (APC) in Ikenne ward one in Ogun state declared “we must resist any attempt to destroy the unity of this country, our people have lived and worked together for decades, even centuries.” He added: “While we must attend to the cries of communities, and the cries of our people for justice, equity and fairness, we can do so within this same union. Ultimately we are stronger together than apar...
DPR to upgrade downstream petroleum sector operations
File Photo The Department of Petroleum Resources, DPR, Tuesday, disclosed that it plans to upgrade operations in the downstream petroleum industry, leveraging on its ongoing automation process. In a statement in Abuja, Director/Chief Executive Officer of the DPR, Engineer Sarki Auwalu, stated that the upgrade would be to global standards and would be driven by its deployment of improved technology. Auwalu, who was speaking at a virtual meeting with members of the Major Oil Marketers Association of Nigeria, MOMAN, in Abuja, noted that the DPR was currently deploying appropriate technology to enhance value for operators and investors alike in the downstream sector . Specifically, Auwalu explained that the DPR had concluded plans to launch the Downstream Remote Monitoring Systems, DRMS, an in...
How Davido, Wizkid, Olamide, Burna Boy broke streaming records in 2020
From all available statistics, facts and figures no other Nigerian musical artiste, male or female, was able to pull off what the quartet of Davido, Wizkid, Burna Boy and Olamide pulled off in 2020. The duopoly of Davido and Wizkid, which has been going on for years was questioned most especially by Burna Boy and the new face on the international scene, Olamide. Each one of them released an amazing album and it was a staggering success story on all streaming platforms. The figures showed Nigerian music has arrived on the international stage. Particularly of interest is Olamide, whose music has not really been able to cross the continent to the international stage. Well, thanks to his international connection, which has given wings to fly over the Atlantic. For Burna Boy, his fortunes have ...
WSJ: China’s Ant Group plans revamp amid regulator pressure
China’s Ant Group Co Ltd is planning to refashion itself as a financial holding company under the supervision of China’s central bank in the face of regulatory pressure, the Wall Street Journal reported on Wednesday. The fintech affiliate of Alibaba Group Holding Ltd has submitted an outline of a restructuring plan, which could be finalised before China goes into the week-long lunar new year holiday in mid-February, the Wall Street Journal said, citing sources. Chinese regulators had asked Ant to consider folding up most of its financial businesses into a holding company that would be subject to more stringent capital requirements, two sources told Reuters in December. The country’s central bank, People’s Bank of China, has said Ant controls a range of financial institutions, including sec...
Lagos chamber projects positive economic recovery by Q2
The Lagos Chamber of Commerce and Industry (LCCI) has projected a return to positive growth path for the Nigerian economy in the second quarter of 2021. Mrs Toki Mabogunje, President, LCCI, addressing journalists at the first edition of the chamber’s quarterly news conference, said the projection was subject to the absence of major economic shocks. Mabogunje, however, said that the projected recovery was expected to be subdued within the region of one per cent. “Projections by the World Bank and the International Monetary Fund put Nigeria’s annual average growth for year 2021 at 1.1 per cent and 1.5 per cent, respectively. “Expectation of slow growth momentum reflects the lingering effects of the pandemic on the Nigerian economy and prospects of stricter containment measures considering th...
Nigerian government urged to lift restrictions on SIM card registration
A telecommunications expert in Owerri, the Imo capital, Mr Charles Okeke, has advised the Federal Government to remove the restrictions placed on SIM card registration. Okeke gave the advice at a news briefing in Owerri on Tuesday, while speaking on the effects of the federal government’s SIM Card-National Identification Number (NIN) linkage policy. He urged the government to embrace a more robust system that would encourage healthy partnership between the National Identity Management Commission (NIMC) and service providers to ensure a seamless linkage. He said that the partnership would fast-track the process and alleviate the “unnecessary hardship” faced by Nigerians due to tight deadlines for the exercise. He further said that large crowds of people struggling for attention at NIMC offi...
Uber ‘lays off’ 185 former Postmates workers
Uber has laid off about 185 Postmates workers, and plans to further integrate Postmates’ infrastructure within its Uber Eats segment, The New York Times reported. Uber acquired Postmates in July for $2.65 billion, following a failed attempt to buy rival food delivery service Grubhub. Meal delivery has been one bright spot for Uber amid the pandemic, as bookings in its Uber Eats division rose 135 percent year-over-year in the third quarter while its ride-hailing segment dropped 50 percent over the same time period. It’s consolidated other parts of the company in a bid to become profitable by the end of 2021, selling its autonomous vehicles segment to Aurora Innovation in December, the same month it sold its Uber Elevate flying taxi division to Joby Aviation. The latest cuts will see Postmat...
