Categories
Sports

Inter Milan ease past Mourinho’s Roma to return to Serie A summit


Inter Milan went back to the top of the Italian Serie A table with a routine 3-1 win against Roma at the Stadio Giuseppe Meazza in Milan on Saturday.

Goals from Denzel Dumfries, Marcelo Brozovic and Lautaro Martinez took the Nerazzurri to victory.

The victory helped them to continue their excellent record against the team from the Italian capital, in spite of a late strike from Henrikh Mkhitaryan.

It was not the result or performance that former Inter Milan coach Jose Mourinho would have been looking for.

This is because the defeat came as a big blow to the Giallorossi’s hopes of European qualification.

Simone Inzaghi would have been very pleased with what he saw from his team.

They move a point ahead of AC Milan in the race for the Scudetto having played the same number of games, with their city rivals facing Lazio in Rome on Sunday.

Inter Milan took the lead just before the half-hour mark as some neat play from the home side saw Hakan Calhanoglu play a through ball to Dumfries.

He ran onto it like a striker to slide the opener past Rui Patricio.

It was 2-0 just 10 minutes later as Brozovic found himself on the left side of the penalty area.

He cut inside Gianluca Mancini and fired into the far top corner of the net.

The third goal arrived early in the second half as a neat ball from Nicolo Barella found Martinez, whose shot was parried behind for a corner-kick.

But the Argentine headed home the resulting outswinging delivery from Calhanoglu.

There was nearly a calamitous fourth as a cross from the right was helped back to Patricio by Rick Karsdorp.

Realizing he could not pick the ball up, the Portugal international urgently kicked the ball away before Joaquin Correa could take advantage.

Mkhitaryan fired in a consolation past Samir Handanovic from just inside the penalty box with five minutes remaining.

But it was too little too late for the visitors.

Categories
Jobs

Head, Treasury at Airtel Nigeria

Airtel Nigeria (Airtel Networks Limited) is a leading telecommunications services provider in Nigeria headquartered in Lagos, the commercial nerve-centre of Nigeria. The telco ranks amongst the top four mobile service providers in terms of subscribers with a customer base of more than 39.8 million. The company’s product offerings include 2G, 3G and 4G wireless services, mobile commerce and enterprise services.

We are recruiting to fill the position below:

Job Title: Head, Treasury

Location: Lagos, Nigeria
Job type: Full-time
Level: Mid-Senior

About the Job

  • Airtel Smartcash PSB wishes to recruit a suitable candidate for the role of Head, Treasury. The role will be responsible for overseeing all Treasury Operations for Smartcash PSB.

Job Purpose

  • Liquidity & Working Capital: Reporting & Planning; Driving Cash Flow Mgt, Driving Working Capital Management, Driving Projects (Liquidity Mgt Solutions), Bank Charges reduction; Exchange Rate Dealing.
  • Risk Management: Support Hedging Activities; Forecast exposures, Maintain Hedge documentation, Support tracking of financial markets.
  • Debt Management: Closure of Bank Lines; Document negotiations; Debt related reporting and information.
  • Contact with Banks: Bank relationship management
  • Policy: Proper Application of treasury policy in particular to verify compliance with trading and other limits

Key Responsibilities
Policies and Procedures in The Area of Loan Administration:

  • To implement and ensure compliance to policies and procedures to effectively and efficiently manage loan administration in the Company with a view to ensuring that obligations to lenders are met as and when due.

Turnaround for all loan administration transactions:

  • To ensure 24 hour turnaround for processing of payments to lenders.

Loan book of the Company and adherence with loan covenants:

  • To maintain complete, accurate and valid loan book of the Company at all times as well as ensuring 100% adherence with all loan covenants.

Relationship management:

  • To manage relationship with lender banks and other financial institutions in relation to loans.

Policies and procedures for liquidity and cash management:

  • To establish, review and implement policies and procedures to effectively and efficiently manage the cash and liquid assets of the Company with a view to ensuring that obligations to customers are adequately funded as and when due.

Weekly, monthly and annual funds management reports:

  • To prepare and/or review all cash/funds management reports ensuring completeness and accuracy at all times.

Cost management:

  • To implement cost efficient and effective measures in relation to liquidity management.

Receivables management:

  • To ensure the bank’s receivables are kept at a reasonable level in achieving an optimal working capital position

Relationship management with Partner Banks:

  • To manage relationship with Partner Banks and other service providers in relation to payment.

Internal controls and reporting:

  • To ensure 100% compliance with extant internal controls and guidelines while guaranteeing complete and accurate reports of division’s activities at all times.

Foreign exchange purchase and utilization:

  • To plan and coordinate the purchase of foreign exchange and utilization in the most efficient manner and at most optimal cost possible.

Educational Qualification, Experience & Competencies
Education and Certification:

  • A First Degree or its equivalent in any discipline
  • Professional Certification in Treasury related function e.g. ACI or Treasury Dealership Certificate

Work Experience:

  • A Minimum of 15 years post-NYSC experience out of which 10 years must have been spent in Treasury related function.

Behavioural Competencies:

  • Good interpersonal relationship
  • Strong problem solving and analytical skills
  • Result oriented
  • Personal organisation and effectiveness
  • Attention for details
  • Strong ethics.

Application Closing Date
29th April, 2022.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Note

  • Only shortlisted candidates will be contacted.
  • We are an equal opportunity employer and value diversity. We therefore do not discriminate against applicants on the basis of, among others, their race, disability, their race, disability, religion or gender.
  • All employment opportunities are decided on the basis of qualifications, merit and business need.
Categories
Jobs

Head of Operations at Airtel Nigeria

Airtel Nigeria (Airtel Networks Limited) is a leading telecommunications services provider in Nigeria headquartered in Lagos, the commercial nerve-centre of Nigeria. The telco ranks amongst the top four mobile service providers in terms of subscribers with a customer base of more than 39.8 million. The company’s product offerings include 2G, 3G and 4G wireless services, mobile commerce and enterprise services.

We are recruiting to fill the position below:

Job Title: Head of Operations

Location: Lagos, Nigeria
Job type: Full-time
Level: Mid-Senior

Job Purpose

  • Airtel SmartCash PSB wishes to recruit a suitable candidate for the role of Head of Banking Operations. This position is responsible for Overseeing transaction operations, operations finance and general banking operations of the SmartCash PSB.

Responsibilities includes managing:

  • Transactions / Settlements
  • Managing Bank and Channel reconciliation
  • Revenue Assurance function
  • Channel Reconciliation and commissions
  • Treasury Operations
  • Digital Channels
  • Banking Operations is one of the largest divisions in SmartCash PSB and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of Payment Banking
  • Provide documentation to support system design, testing and training. Assist with the management of customer expectations and customer interactions and participates in team quality management initiatives.
  • Responsible for all aspects of managing department personnel including hiring, training, coaching and development, performance appraisals, counseling, etc. Managing team of operation professionals and grooming them for the career progressions.

Key Responsibilities
Banking Operations:

  • Handling banking operations related to determining financial objectives, preparing & implementing systems, policies & procedures for streamlining the Banking Operations.
  • Managing TAT on transactions and COs control with zero errors.
  • Assumes responsibility for ensuring the efficient and effective Bank Operations
  • Stays abreast of latest technological advances and process improvements in bank operations.
  • Researches, analyzes, and performs due diligence, and then makes recommendations for improvements in work processes, cost containment, etc.
  • Works closely with other divisions and departments of the bank to ensure effective delivery and support of products and services.
  • Assumes the overall responsibility for developing, updating, and implementing changes to the operational components of the Business Continuity Plan.
  • Preparing & presenting various weekly/monthly MIS reports pertaining to process and productivity.
  • Implement Controls in transaction postings
  • Ensure accurate GL report
  • Handling treasury operations

Assessments and Handling Clients:

  • Analyze and understand the impact of any new requirements on existing businesses
  • Works closely with partners / vendors in leading system implementations that affect department functions.
  • Coordinates with partners/ HODs/ vendors to ensure that outside contractual services are provided as per agreements. Analyzes vendors to assure price, quality, and service
  • Define and implement new business processes as a result of the change portfolio
  • Assessing needs of channel/ partners/ customers /clients and accordingly charting out viable finance portfolio after considering financial, legal and technical aspects.
  • Performing the functions of assessing creditworthiness of clients and taking adequate steps to ensure receipt of payments and recovery of debts.
  • Handling high value fraud cases / defaulters / insolvent clients.
  • Manage customer experience, complains and resolution
  • Develop seamless experience for customers
  • Ensure distribution agents are fully support and resolve agent related operational issues

Manage Transactional Operations/ Service Expenses within budgets:

  • The role enables the candidate to engage with various groups within the Firm in Finance, Risk, Legal, Compliance and IT to ensure smooth operations of business with various Operations Risk and Control initiatives currently underway
  • Identify opportunities and implement initiatives and reduce service expenses
  • Identify, implement and seek gains by driving productivity and improvement in various customer service functions including partner controlled operations.

Risk Management:

  • Managing risks and implementing effective mechanisms to mitigate them.
  • Monitor risk management policies and procedures to ensure that program and organizational risks are minimized
  • Advise the organization’s leadership on appropriate insurance coverage for the organization and the Board of Directors
  • Responsible for departmental compliance, loss control, affirmative action, and audit initiatives. Stays current with appropriate compliance updates.
  • Monitoring key control and performance indicator statistics on an ongoing basis and acting on key control / performance issues identified.
  • Analyzing risk appetite of an individual for providing them apt investment solutions, ensuring that that solutions provided match the risk profile.

Project Management Accounting:

  • Maintain financial records for each project in a manner that facilitates management reports
  • Ensure that accurate and timely financial statements are prepared in accordance with contract agreements with funders
  • Provide accurate and timely reporting on the financial activity of individual projects

Information Technology:

  • Evaluate the need for new technology to meet the organization’s financial data processing, control, and reporting requirements
  • Advise on appropriate technology that meets the organization’s information requirements and financial resources

Educational Qualification, Experience & Competencies
Education and Certification:

  • MBA
  • Relevant Professional Certification/Membership

Work Experience:

  • A Minimum of 10 – 15 years post-NYSC experience in Banking Operations.

Skills and Competencies:

  • Financial acumen
  • Creative / innovative approach towards customer/partners delight
  • Ability to influence, control and negotiate
  • Strong analytical skills
  • Attention to detail
  • Ability to collaborate and network
  • Intense customer focus
  • Six Sigma or Strong project management skills
  • Project management experience
  • Risk, testing, compliance, or audit experience
  • Effective ability to influence, drive change and resolve conflicts
  • Knowledge of Mobile Money various products, systems, and channels
  • Strong banking operation experience
  • Agency banking operations

Application Closing Date
29th April, 2022.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Categories
Jobs

Mathematics Teacher (K-12 / JSS1 – SS3) at Prepclass (3 Openings)

Prepclass is an edtech company that focuses on connecting potential learners with skilled tutors. Our interest is to break from the norm of formal education by providing tutors for basically anything a client may wish to learn.

We are recruiting to fill the position of:

Job Title: Mathematics Subject Teacher (K-12 / JSS1 – SS3)
Location: Yaba, Lagos.
Slot: 3 Openings
Employment Type: Full-time

The Role:
Prepclass is interested in hiring a FULL-TIME K-12 (JSS1-SS3) Mathematics Teacher.

Job Requirements

  • Teachers should have the following credentials:
  • Good communication and writing skills
  • Strong proficiency in SS3 Maths and below
  • Computer literacy.
  • At least 3 years Mathematics teaching experience (previous or current experience as a Prepclass Tutor with good reviews is a huge plus)
  • Proximity to office in Yaba, Lagos. This is a must!
  • Ability to work on shifts (sometimes during the day, sometimes at night) from our office in Yaba.
  • Graduate from a university with a First Class or Second Class Upper in relevant Mathematics-related courses like Engineering, Physics, etc.
  • 20-35 years of age as at the time of application.

Job Duty:

  • Answering tough mathematics questions(JSS1-SS3) from different learners across the world in our Yaba office. Each answer has to be clear, concise, easy to read and comprehend by each learner. Please note that you cannot work from home!

Job Schedule:

  • 8-hour rotational shift. Shifts are 1pm – 9pm or 9pm – 5am. Please note that these shifts can also be changed, but each weekday requires 8 hours of work.

Benefits:

  • Health Insurance for staffs confirmed after 3 months
  • Very competitive salary (N100,000-N120,000) depending on the quality of answers provided.

Application Closing Date
Not Specified

Method of Application
Interested and qualified candidates should:
Click here to apply online

Categories
Jobs

OPEC Fund for International Development Internship Programme 2022

The OPEC Fund for International Development is a multilateral development finance institution established in 1976. Our 12 Member Countries are:  Algeria, Ecuador, Gabon, Indonesia, the Islamic Republic of Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, the United Arab Emirates, and the Bolivarian Republic of Venezuela.

Applications are invited for:

Title: Internship Program 2022

Location: AT

Job Description

  • The OPEC Fund offers an Internship Program enabling students from diverse academic backgrounds to experience work with an international organization.
  • The Internship Program runs for between three and six months and is designed to:
    • Provide a framework to support students assigned to any OPEC Fund department so that the focus remains on enriching the student’s experience;
    • Provide an immersive experience so that students gain practical experience of working for an international organization; and
    • Provide the opportunity for students to understand the OPEC Fund’s vision, mission and related values.
  • Interns are assigned to different departments/units depending on their interests and qualifications, and according to departmental needs.
  • The Internship Program offers opportunities to focus on one or more of the following: public sector operations; private sector and trade finance operations; financial operations; risk management; strategic planning and economic services; internal audit; human resources; administration; communication; legal services; and information technology.

Work assignments undertaken by interns may include:

  • Conducting research
  • Writing documents
  • Organizing information and
  • Assisting employees with their day-to-day work.

Eligibility Criteria

  • Applicants must be between 19 to 25 years of age and enrolled in an undergraduate program (having completed at least two years) or graduate program.
  • Alternatively, applicants may be recent graduates, having graduated a maximum of one year before the application deadline.

Applicants must be:

  • Proficient in English. Knowledge of an additional language (e.g. French, Spanish, Arabic) is an asset;
  • Computer literate in standard software applications (Microsoft Office);
  • Keenly interested in the work of the OPEC Fund;
  • Able to demonstrate cultural awareness; and
  • Able to demonstrate the OPEC Fund’s core values (Integrity, Empowerment, Excellence, Innovation, Community).

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Important Information and Notice
Candidates must submit:

  • The online application form;
  • A Curriculum Vitae (CV);
  • A copy of their university diploma or equivalent, or an original letter of confirmation from a university/school certifying the applicant is / was an undergraduate student;
  • A copy of their most recent university transcripts, showing the cumulative GPA or equivalent; and
  • A short statement in English (about 150-250 words) outlining their motivation for applying.
  • Successful candidates must be able to present a valid health or medical insurance policy for Austria or a similar certificate proving he / she will be fully covered from a medical perspective for the duration of the program.
  • Due to a large volume of applications, the OPEC Fund will only enter into further correspondence with shortlisted candidates.

Please keep in mind:

  • All applications must be in English;
  • Please upload the statement and transcripts under the ‘Additional documents’ section of the application form; and
  • Please answer all the questions on the application form.
Categories
Jobs

Get Your Free Study Abroad Guide Online

There’s so much information on the streets on how to successfully study abroad, but sadly not all of it is true.

Due to this level of misinformation, people have gotten their study visas denied, some have been banned from travelling to other countries, and many have been swindled of their expensive tuition fees by unassuming agents.

But what would the solution to this level of misinformation be?

It’s simple; all you need to do is to:

Work only with study abroad professionals
who have direct access to universities abroad through partnerships, and who have proven over the years to be effective & reliable, like the professionals at Intake Education.

At Intake, we do not hold back useful information from our students, instead we allow you meet directly with universities at our exhibitions.

At the upcoming Study World online Exhibition hosted by Intake Education (formerly UKEAS), you will get to speak with university representatives of over 20 universities in the UK and Ireland who would give you updated and credible information on the following:

  • Available courses you can apply for this 2022
  • Entry Requirements to set you on the right track
  • Step by step information on how to start your application process
  • Tuition fees & discounts to help you prepare your study abroad budget
  • Accommodation and living expense information
  • Application & Study visa guidance from the Intake Team
  • Answers to questions unique to your needs

Ready to start your study abroad journey the right way?

Click here to register for the most informative Study Abroad Exhibition from the comfort of your home.

Event Details:

Date: 20th – 29th April, 2022

Venue: Microsoft Teams App (available for download on IOS & Play Store)

Register here

Categories
Jobs

Access Bank Entry-Level Trainee Programme 2022

Access Bank’s commitment to leading the frontiers of banking and finance solutions has been a major driving force for its activities and innovations. The bank’s contributions to various sectors of the economy have been felt far and wide and recognized by both local and international bodies. Its dedication to creating amazing empowerment opportunities and providing a thriving atmosphere for its employees has recently earned the bank recognition from LinkedIn as the number one best company to work in Nigeria.

Access Bank PLC Entry-Level Training Programme

We are building the next generation of Proud Africans

Are you Unapologetically African?

Access Bank PLC is on the path to being the World’s most respected African bank. We are committed to supporting ambitious Nigerians in achieving their career objectives/goals.

Join us in building Africa’s gateway to the world with access to unlimited opportunities to make connections all over Africa. Help us build the Africa of the future.

This opportunity is for high performing university graduates with a minimum of second class upper degree from a fully accredited university looking to begin a career in banking.

Requirements:

  • A graduate with a minimum of a second class upper division from a top tier university, and with NYSC certificate.
  • A graduate with a minimum of a second class lower from a top tier university, NYSC certificate, and a Masters’ degree from a top tier university.

Benefits:
To retain the best pool of exceptional talents in the industry, we consistently reward high-performing employees and teams with adequate monetary and non-monetary compensations. This practice has had a significant impact in spurring our people to greater personal and organizational achievements.

Application Closing Date
April 21st 2022.

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Method of Application
Interested and qualified candidates should:
Click here to apply online

Categories
Politics

Breaking: Jonathan answers protesters who want him for 2023 president


After chanting and screening his name for minutes, ex-President Goodluck Jonathan, Friday came out to receive protesters who stormed his Abuja office.

FELLOW PRESS had reported how pro-Jonathan protesters stormed his office, demanding he contest in the forthcoming presidential election.
A spokesman for the group, Mayor Samuel, who is also the convener of the Youth Compatriots of Nigeria said, “We were deceived and brainwashed by those who claimed they could do it in 2015.

“Now, we know better, under Jonathan the minimum wage could buy one or two bags of rice. What do we have today? We are begging President Jonathan to forgive us, we have realized our mistakes, we want him back to complete what he started.

Responding to them, Jonathan asked Nigerian youths to show greater interest in the nation’s political process.

The former President said it was time for youths to take advantage of the Not Too Young To Run Act to participate actively in the electoral process.

He said he was aware that they were “here to ask me to declare,” but he said, “I cannot declare because some process are still ongoing.”

“Yes you are calling me to come and declare for the next election, I cannot tell I’m declaring. The political process is ongoing just watch out. The key role you must play is that Nigeria must get somebody that will carry young people along.”

Categories
News

Protest at Jonathan’s office, ask him to declare for presidential race

As Nigeria draws closer to its 2023 general elections, protesters on Friday, stormed the Abuja private office of Ex-President Goodluck Jonathan, urging him to declare for 2023 presidential race.

Some groups had also called on Jonathan to contest.

The Nigerian Young Professionals in Diaspora, NYPD, yesterday gave Jonathan one week ultimatum to declare for 2023 Presidential race or risked being sued.

The group which comprises of Young Professionals in Diaspora is made up of Nigerians from all over the Country who are based in different countries.

The convener of the group, Arc. Oladipo Akande in a press release made available to newsmen via email from Los Angeles, United States Of America stated that it was imperative for the former helmsman to throw his hat into the ring without further delay.

Categories
Metro

FCT council re-introduces monthly sanitation


The Chairman, Bwari Area Council of the FCT, Mr John Gabaya, says the monthly sanitation to address environmental challenges in the area is being re-introduced.

Gabaya made this known in an interview with News Agency of Nigeria (NAN) on Thursday in Abuja.

He said that the environment department of the council was working tirelessly to address the issue of sanitation and hygiene practices.

“We added more workers on the field to address some of these challenges within and around the council to consistently clean up some particular areas.

“Right now, we have set up a committee whose sole responsibility will be to ensure compliance to some of the innovation we intend to introduce in this aspect.

“One of such is the reintroduction of a day in a month that residents will have to all come out to clean their environment,“ he said.

Gabaya said that movement would be restricted for a particular time until the period assigned for the sanitation was over.

“I assure you that once this is in place, we will ensure strict compliance,” he said.

The chairman said that the council would come up with more details of the plan, adding that residents would be notified on the date and time of the exercise.

He urged residents of the council to always keep their environment clean, saying “it is the first step to living healthy and free from sickness and diseases’’.

Categories
Sports

Chelsea player Antonio Rudiger rejects Manchester United’s offer


Chelsea defender, Antonio Rudiger has reportedly rejected an offer by rival club, Manchester United.

According to reports, Rudiger, 29, is one of United’s defensive targets when the transfer window opens in June, as his contract at Stamford Bridge runs out at the end of the season.

The two parties are believed to have held discussions about a possible deal for Rudiger to join Old Trafford as Manchester United’s Harry Maguire has struggled this season.

In February, Rudiger spoke of his happiness at Chelsea but indicated his wage demands must be met if he is to remain at the Blues..

Rudiger told The Athletic: “I feel great here, I have always said it. I think the way I play you can see that I’m happy here. But there are also other people who have to make decisions.’

Concerning any move, Manchester Evening News reported that Rudiger is likely to reject United’s advances as he wishes to sign for a club who will play Champions League football next season.

The news is a big blow to United who are in desperate need of a top central defender having conceded 44 goals in the Premier League already this season.

Last year, United signed Raphael Varane from Real Madrid but the Frenchman has struggled to stay in the team since arriving in Manchester with injuries . He’s been limited to 15 appearances this season . While Lindelof and Bailly have atimes failed to flatter this season.

Categories
Jobs

Access Bank Entry Level Tech Recruitment 2022

Access Bank‘s commitment to leading the frontiers of banking and finance solutions has been a major driving force for its activities and innovations. The bank’s contributions to various sectors of the economy have been felt far and wide and recognized by both local and international bodies. Its dedication to creating amazing empowerment opportunities and providing a thriving atmosphere for its employees has recently earned the bank recognition from LinkedIn as the number one best company to work in Nigeria.

Access Bank PLC Entry Level Tech Recruitment

Access Bank is passionate about tech innovation and how it affects the future of banking and the development of Africa. The bank is building the next generation of Proud Africans ready to thrive in the world of technology and banking, and opportunities are now open for ambitious Nigerians to join the team to self-actualize their career objectives and goals.

Are you Unapologetically African?

Are you passionate about changing Africa’s narrative through Technology?

Do you want to kickstart a career in Programming, Data Science, Digital Marketing, Business Analytics, Networking or Cybersecurity?

Then this opportunity might just be right for you!

Access Bank’s technology teams take on the continent’s biggest financial and data challenges for our over 40 million customers, building the platforms and partnerships that affect millions of people every day. Customers are at the forefront of everything we do and ensuring customer’s concerns are addressed is vital to the success of the Bank. We are driving change to be the World’s most respected African Bank.

We are seeking exceptional Africans to join us on our journey to becoming Africa’s Gateway to the World.

Requirements:

  • Minimum of a University Degree
  • Demonstrable use of effective problem solving skills
  • Love for working as part of a team

Benefits:
Africans interested in learning tech-forward skills to kick-start careers in the banking industry are empowered by providing them with hands-on learning opportunities in fields such as Business Analytics, Programming, Data Science, Product Management and Digital Marketing in order to develop mastery of highly sought-after tech skills.

Application Closing Date
April 21st 2022.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Categories
Exchange Rate

Dollar to naira exchange rate today 15 April 2022

dollar to naira exchange rate

FELLOW PRESS reports news on the dollar to naira exchange rate today 15 April 2022.

How much is Dollar to Naira Exchange at CBN Rate?

According to available data from the CBN, US dollar to naira exchange rate bought at ₦414 and sold at ₦416, making an average of  ₦415 for $1 on Thursday April 14.

How Much Is Dollar To Naira Exchange Today At Official Rate?

The official rate today, dollar exchange to naira opened at ₦415.92 on Wednesday April 13, and closed at ₦416.63 on Thursday April 14. This amount to 0.05 per cent decrease for naira against dollar.

The CBN adopts the NAFEX rates from FMDQ, signifying that all exchange rate transactions involving the public and the private sector will reference the prevailing NAFEX rate as its official exchange rate.

It is the official security exchange where foreign currencies (FOREX) is traded between naira and dollar and other currencies.

Daily turnover at the forex market stands at ₦106.50 million.

How Much Is Dollar To Naira Exchange Today at Bank Rate?

Each commercial banks is at their discretion to fix forex exchange rate. Factors can range from currency availability, demand against the prevailing rate.

See below bank rate of dollar to naira:

GTbank: ₦ 480

Ecobank: ₦ 480

Access Bank: ₦470

UBA: ₦510

Sterling Bank: ₦480

FCMB: ₦480

How much is exchange rate of Dollar to Naira in Black Market today?

According to Abuja Parallel Market as available with the Bureau De Change (BDC), US dollar to naira as at Friday April 14, 2022 selling at ₦595 and buying at ₦570 to $1.

Although, the Central Bank of Nigeria (CBN) has warned individuals who need forex to approach commercial banks.

Meanwhile, foreign airlines has indicated that they will no longer accept naira for ticketing but dollar.

Categories
Sports

Qatar warns LGBTQ activists to stay away at World Cup

LGTBQ couples and activists have been warned not to display the lifestyle or rainbow flags at the World Cup in Qatar, to protect them from being attacked for promoting gay rights.

A senior leader overseeing security for the tournament told The Associated Press that rainbow flags could be taken from fans at the World Cup.

Major General Abdulaziz Abdullah Al Ansari insisted that LGBTQ couples would be welcomed and accepted in Qatar for the November 21-December 18 FIFA showpiece despite same-sex relations remaining criminalised in the conservative Gulf nation.

However, Al Ansari is against the overt promotion of LGBTQ freedoms as symbolised by the rainbow flag that FIFA and World Cup organisers had previously said would be welcome across Qatar’s eight stadiums.

Al Ansari told AP: “If he (a fan) raised the rainbow flag and I took it from him, it’s not because I really want to, really, take it, to really insult him, but to protect him.

“Because if it’s not me, somebody else around him might attack (him) … I cannot guarantee the behaviour of the whole people. And I will tell him: ‘Please, no need to really raise that flag at this point’.”

He added: “You want to demonstrate your view about the (LGBTQ) situation, demonstrate it in a society where it will be accepted.

“We realise that this man got the ticket, comes here to watch the game, not to demonstrate, a political (act) or something which is in his mind.

“Watch the game. That’s good. But don’t really come in and insult the whole society because of this.”

Al Ansari’s warning was condemned by fans and anti-discrimination campaigners.

“Often, so-called ‘protections’ are in fact smokescreens to cover up human rights violations,” said Julia Ehrt of the International Lesbian, Gay, Bisexual, Trans and Intersex Association and Ronain Evain of Football Supporters Europe in a joint response.

Julia Ehrt added: “FIFA and Qatar must address these concerns immediately, and show the world there is a chance of carrying out a rights-respecting and safe tournament for LGBTIQ fans.”

Al Ansari said he was not telling LBGTQ fans to stay away from Qatar or warning them of facing prosecution.

He said: “Reserve the room together, sleep together — this is something that’s not in our concern. We are here to manage the tournament. Let’s not go beyond, the individual personal things which might be happening between these people … this is actually the concept.

“Here we cannot change the laws. You cannot change the religion for 28 days of the World Cup.”

He added: “I am risking … a minority view against a majority.

“We have to be close to the problem before it erupts and gets out of control. … If somebody attacks you, then I have to get involved and it will be too late.”

Categories
Exchange Rate

Dollar to naira exchange rate today 14 April 2022

dollar to naira exchange rate

FELLOW PRESS reports news on the dollar to naira exchange rate today 14 April 2022.

How much is Dollar to Naira Exchange at CBN Rate?

According to available data from the CBN, US dollar to naira exchange rate bought at ₦414.03 and sold at ₦416.03, making an average of  ₦415.03 for $1 on Monday April 13.

How Much Is Dollar To Naira Exchange Today At Official Rate?

The official rate today, dollar exchange to naira opened at ₦415.92 on Wednesday April 13, and closed at ₦416.63 on Wednesday April 13. This amount to 0.05 per cent decrease for naira against dollar.

The CBN adopts the NAFEX rates from FMDQ, signifying that all exchange rate transactions involving the public and the private sector will reference the prevailing NAFEX rate as its official exchange rate.

It is the official security exchange where foreign currencies (FOREX) is traded between naira and dollar and other currencies.

Daily turnover at the forex market stands at ₦106.50 million.

How Much Is Dollar To Naira Exchange Today at Bank Rate?

Each commercial banks is at their discretion to fix forex exchange rate. Factors can range from currency availability, demand against the prevailing rate.

See below bank rate of dollar to naira:

GTbank: ₦ 480

Ecobank: ₦ 480

Access Bank: ₦470

UBA: ₦510

Sterling Bank: ₦480

FCMB: ₦480

How much is exchange rate of Dollar to Naira in Black Market today?

According to Abuja Parallel Market as available with the Bureau De Change (BDC), US dollar to naira as at Wednesday April 14, 2022 selling at ₦595 and buying at ₦570 to $1.

Although, the Central Bank of Nigeria (CBN) has warned individuals who need forex to approach commercial banks.

 

 

 

Categories
Exchange Rate

Naira closes at 416.67/dollar at investors and exporters window

dollar to naira exchange rate
The Naira exchanged at 416.67 to the dollar at the Investors and Exporters window on Wednesday, representing a 0.01 per cent depreciation, compared to N416.62 to the dollar recorded on Tuesday.

The open indicative rate closed at N416.17 to the dollar on Wednesday.

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N416.67.

The Naira sold for as low as N410 to the dollar within the day’s trading.

A total of 113.72 million dollars was traded in foreign exchange at the official Investors and Exporters window on Wednesday.

Categories
latest news

Osun governorship: INEC publishes details of candidates for election

INEC Chairman, Prof. Mahmood Yakubu

The Independent National Electoral Commission (INEC) on Tuesday published the personal particulars and list of candidates (Form EC9) for the Osun State Governorship election.

The commission in a statement by Festus Okoye, National Commissioner and Chairman, Information and Voter Education Committee, in Abuja said the list was published at INEC State and Local Government offices in Osun State as required by law.

Okoye said that the list was published in compliance with the Electoral Act 2022, following the close of nominations by political parties.

FELLOW PRESS reports that according to the published particular of the 15 candidates, while none of the governorship candidates was female, six of the deputy governorship candidates were female.

The published candidates include Adegboyega Oyetola of the All Progressives Congress, Adeleke Nurudeen of the Peoples Democratic Party, and Omigbodun Akinrinola of Social Democratic Party.

He remind political parties that under Section 32(2) of the Electoral Act 2022, any party that observes that the name of its candidate is missing from the list “shall notify the Commission in writing.

He said that such letter must be signed by such party national chairman and secretary, supported with an affidavit not later than 90 days to the election.

“Furthermore, the attention of parties is drawn to Section 32(3) of the Electoral Act 2022, which provides that failure to notify the Commission “shall not be ground to invalidate the election”.

“The final list is published in our State and Local Government offices in Osun State as well as our website and social media platforms for public information as required by law.

“Political parties are enjoined to note the provision of the law for compliance,” he said.

Categories
Sports

Fernandinho to leave Manchester City at season’s end after 9 years

Manchester City and Brazil midfielder Fernando Luiz Roza has revealed he will leave the club at the end of the season, bringing an end to his nine-year spell in England.

Fernandinho, 36, has struggled for game time this campaign, and has now revealed his sights are set on a move to Brazil and he will leave the club at the end of the season.

Fernandinho has just three months left on his deal, after signing fresh terms for one more season last year. This term, he has played just 13 times in the top-flight.

And, speaking at a pre-match press conference on Tuesday afternoon, April 12, he challenged the club to ‘win everything’ this season

Yes. Yes, I want to play,’ the veteran added, when asked whether he will leave City in order to play more regularly.

He then went on to say: ‘Yes, I will go back to Brazil for sure. I decided with my family and that is most important for me.’

Coach Pep Guardiola, was surprised by the news and admitted he didn’t know of Fernandinho’s plans.

‘Oh? I didn’t know,’ he said.

‘You just give me the news. We will see what happens, we don’t know what is going to happen. Fernandinho has been important to me but it is up to him.’

Guardiola also said he plans to speak with him at the end of the season – and labelled him ‘incredible’.

He added: ‘End of the season we will talk. Maybe it is a family decision, I don’t know. This kind of the situation is to talk end of the season.

‘I have said many times this season I like the types of people where they behave for the benefit of those behind the scenes. He doesn’t need it (credit).

‘I know what he has done behind me. ‘

‘When I arrived he was here with Raheem [Sterling], Kevin [De Bruyne] and Gundo [Ilkay Gundogan] I think, John [Stones], a few players.

‘He’s been an incredible football player for Man City. There are things that nobody knows but I know exactly what he does.’

With over 250 games to his name, Fernandinho was won four Premier League trophies, an FA Cup and six League Cups.

Fernandinho then came on Twitter to say his focus is on his current club and his role as captain, and said he will only address his future at the end of the season.

‘I was 100% honest and spontaneous in answering that question at today’s press conference,’ he posted on Twitter.

‘But anyone who knows me also knows that my greatest honesty is with Man City and my duties as team captain.’

He then added: ‘My focus is 100% on winning all the titles we are playing for and I will only talk about my future at the end of the season. Let’s keep pushing!’

Categories
Politics

SDP elects new excos in Lagos


The Social Democratic Party (SDP) in Lagos State has elected new council members to steer the affairs of the party.

The newly elected State Publicity Secretary of the party, Mr Shina Oludare disclosed this in a statement in Lagos on Monday.

Oludare, a multiple award winning sports journalist, said that the new excos emerged at the State Congress held on Saturday at Ogba in Lagos state.

Oludare said that Miss Dabiraoluwa Adeyinka emerged as the chairperson of the party in the state while Messrs Ishmael Taqwallahi and Mayowa Akinbode were elected as Deputy Chairman and General Secretary respectively.

He said that other elected officers were Susan Lawanson (Treasurer), Kolade Adepoju (Youth Speaker), Tolulope Osundolire (Woman Speaker), Nelson Fadeni (Legal Adviser) and Ibeh Kamsi (Organising Secretary).

The rest include Dr Adefemi Adeniran (Labour and Civil Society), Omobolanle Tajudeen (Financial Secretary), Samuel Isah (Assistant Financial Secretary), Chioma Ojibah (Auditor) among others.

According to him, the congress was supervised by the Independent National Electoral Commission (INEC) and notable SDP stalwarts including the National Legal Adviser of the party, Mr Joseph Abu.

He added that the congress also had in attendance the immediate past Lagos State Chairman, Mr Femi Olaniyi as well as party leaders and supporters across various councils.

Oludare said: “This is a call to serve and I promise to give it my all so we ensure our set goals are accomplished.

“I want to say a big thanks to the members of SDP, Lagos State Chapter for their trust.

“This is a strong indication that they believe in youth and that accentuates the fact that there is hope again.

“I will enjoin my fellow youth to key in SDP’s work of remaking Nigeria great again – block by block, brick by brick. For this is the true genius of this great nation.”

Categories
Metro

Blackout: Customers slam Eko, Ikeja DisCos


Electricity consumers on Saturday slammed Eko Electricity Distribution Company and Ikeja Electric Plc over the epileptic power supply being experienced in Lagos State in the past weeks.

Some of their customers made their views known in separate interviews with the News Agency of Nigeria (NAN) in Lagos while reacting to the situation on Friday.

NAN quotes Eko DisCo as confirming that the national grid had collapsed, a development it said was responsible for the outage being experienced by customers within its network.

However, some customers told NAN that they had not received power supply from the DisCos for days before the incident.

Mr Mutiu Oyekan, a businessman, decried the poor supply of electricity by the DisCos and noted that it was negatively affecting both residents and business owners in the state.

“Even before the national grid collapse, we in Ibeju-lekki, Abijo down to Awoyaya didn’t have light for the past four days,” he said.

Similarly, Miss Ifeoma Ike, a hairdresser in Amuwo-Odofin, area said the power situation had been on and off for weeks within the axis.

“They just flash the light and take it again after a few minutes. After another three or more hours they will repeat it and they want us to continue to pay for services not rendered.

“I have been spending so much to run my generator and it is very stressful on my business,” she said.

Another resident, Mr Ismail Anu, also confirmed that Ebute Metta area had been in darkness for over a week.

“This is not just about the national grid collapsing. We have been in total darkness since last Saturday,” he said.

Mr Godwin Aya, Founder, Electricity Access Forum, said some parts of Meiran, Iyana-Ipaja, Egbeda and Agege under Ikeja Electric had been experiencing blackout since Monday.

“We have received complaints from customers in these areas that they have been in total darkness for days now.

“It seems the DisCo is only interested in collecting bills from customers without improving supply,” he said.

On his part, Mr Adeola Samuel-Ilori, National Coordinator, All Electricity Consumers Protection Forum, said power generation was yet to peak in the country following weeks of instability.

He explained that the drop in power generation was responsible for the poor supply of power to customers by the DisCos.

According to him, the frequent collapse of the grid is due to the decay in transmission infrastructure which needs to be addressed urgently by the government.

Categories
News

Smuggling: Navy nabs 2 suspects, impounds 70 bags of rice in A’Ibom


The Nigerian Navy, Forward Operating Base (FOB), Ibaka, has apprehended two suspects, impounded 70 bags of smuggled rice and seized the two boats used in smuggling the rice.

The Commanding Officer, FOB, Navy Capt. Muhammed Kabiru, made this known in Ibaka on Friday while handing over the suspects and bags of rice to the Nigeria Customs Service (NCS).

Kabiru, represented by the Base Operations Officer, Lt.-Cdr. Samuel Olawookere, said that the suspects and 70 bags of rice were seized on April 7, during routine patrol operations by the FOB personnel.

He said that the suspects were arrested along Effiat waterways in Mbo Local Government Area of the state during the routine patrol of men and officers of the base.

Kabiru said that the base would not relent in putting an end to all criminalities on the Akwa Ibom waterways.

“On behalf of the Commanding Officer of FOB, Ibaka, Navy Capt. MM Kabiru, we shall hand over two suspects, 70 bags of 50kg foreign parboiled rice suspected to be smuggled into Nigeria from the Republic of Cameroon to Superintendent of Customs, Mr Kikems Danbana,” he said.

He warned smugglers to stay clear of the Nigerian maritime borders, adding that officers and men of FOB Ibaka would not relent until the Akwa Ibom waterways is free from all forms of criminalities.

He urged smugglers to desist from smuggling and other illegal businesses and engage in legitimate endeavours to avoid being arrested.

“The message from Nigerian Navy is very clear, there will be zero tolerance of all forms of illegalities on the waterways of Nigeria.

“So far, as we continue to have these people who vehemently defunct this instruction, we will continue to arrest them, which is in compliance to the strategic directives of the Chief of the Naval Staff (CNS) as well as the objectives of the Eastern Naval Command.

“I will like to use this opportunity to warn those maritime criminals that they should desist from their criminal ways and engage in genuine business, otherwise the long arm of the law will catch up on them,” he said.

Receiving the suspects and 70 bags of rice on behalf of NCS, Mr Kikems Danbana, Officer in Charge of Oron Axis, Joint Border Patrol Team, said they would do everything possible to stop smuggling in the country.

He said the rice would be transferred to Government warehouse in Calabar, the only approved warehouse for Akwa Ibom and Cross River for custody and further action.

He said the suspects would be handed over to their legal department for further interrogation and prosecution.

Danbana urged the smugglers to desist from the illegal trade, stressing that the NCS would not tolerate any economic sabotage in the country.

Categories
Exchange Rate

Dollar to naira exchange rate today 7 April 2022

dollar to naira exchange rate

FELLOW PRESS reports news on the dollar to naira exchange rate today 7 April 2022.

How much is Dollar to Naira Exchange at CBN Rate?

According to available data from the CBN, US dollar to naira exchange rate bought at ₦415.22 and sold at ₦416.22, making an average of  ₦415.72 for $1 on Monday April 6.

How Much Is Dollar To Naira Exchange Today At Official Rate?

The official rate today, dollar exchange to naira opened at ₦415.92 on Tuesday April 5, and closed at ₦416.63 on Monday April 4. This amount to 0.05 per cent decrease for naira against dollar.

The CBN adopts the NAFEX rates from FMDQ, signifying that all exchange rate transactions involving the public and the private sector will reference the prevailing NAFEX rate as its official exchange rate.

It is the official security exchange where foreign currencies (FOREX) is traded between naira and dollar and other currencies.

Daily turnover at the forex market stands at ₦106.50 million.

How Much Is Dollar To Naira Exchange Today at Bank Rate?

Each commercial banks is at their discretion to fix forex exchange rate. Factors can range from currency availability, demand against the prevailing rate.

See below bank rate of dollar to naira:

GTbank: ₦ 480

Ecobank: ₦ 480

Access Bank: ₦470

UBA: ₦510

Sterling Bank: ₦480

FCMB: ₦480

Fidelity: ₦533

How much is exchange rate of Dollar to Naira in Black Market today?

According to Abuja Parallel Market as available with the Bureau De Change (BDC), US dollar to naira as at Wednesday April 7, 2022 opened at ₦590 to $1.

Although, the Central Bank of Nigeria (CBN) has warned individuals who need forex to approach commercial banks.

Categories
Breaking news

Zamfara traditional rulers get 260 Cadillac cars from government


Gov. Bello Matawalle of Zamfara flagged off the distribution of 260 vehicles to traditional rulers in the state on Wednesday in Gusau.

The flag-off was performed by the Sultan of Sokoto, Alhaji Sa’ad Abubakar lll.

The cars included brand new Cadillac 2019 Model for 17 Emirs, 13 Senior District Heads and 230 District Heads.

Speaking at the event, Gov. Matawalle said the gesture was in recognition of the role of traditional institutions in maintaining peace in the state.

“As we are all aware, the role of traditional rulers in fostering national unity, safeguarding our values, and serving as moral compass for our society cannot be over emphasised.

“As premier leaders in our communities, traditional rulers play key roles in resolving conflicts and in assisting government to provide fatherly advice to their subjects in the interest of promoting peace and harmony.

“As our leaders, we would stay steadfastly committed to providing for your welfare, safety and any essential support that will allow you to carry out your duties without incident and with bigger successes,’’ Matawalle said.

The governor said the gesture was made also in recognition of the status of traditional institutions as custodians of religion and culture as well as vehicle of cohesion and peace.

He expressed willingness to strengthen the traditional institutions and appreciate their efforts in tackling challenges arising from conflicts to build a more peaceful and prosperous state.

Matawalle explained that his administration had never taken critical decisions regarding issues of public concern without due consultation with the royal fathers.

“We rely on you for feedback regarding the impact of our policies as they affect the general public.

“We always sit together with you to evaluate our policies, debate new options and strategise towards achieving the common objective of building a new Zamfara.

“This, we shall continue all the time, by the grace of God,’’ he said.

According to him, government will continue to work with the traditional institution to create a friendly environment for those wishing to contribute their fair share to the progress of Zamfara.

Matawalle said government was also rehabilitating and reconstructing some of the palaces of the emirs, noting that some of the projects would soon be completed.

The governor appreciated the Sultan for attending the flag-off and the inauguration of the secretariat of State Council of Ulama (religious leaders).

Earlier, the Sultan applauded the governor for the gesture and urged the traditional rulers to ensure they maintained their role as fathers by offering articulate and sincere advice to political leaders.

The Sultan expressed gratitude to Gov. Matawalle for his concern about the welfare of the two important institutions which remained the thread that held society together.

The Sultan called on the beneficiaries of the gesture to continue to support the administration of Gov. Matawalle by offering their best efforts in ending the challenges facing the people.

Sultan Abubakar admonished the Zamfara traditional rulers to ensure peace and peaceful coexistence among their subjects.

He also commended the state government for establishing a Council of Ulama that brought together all Imams and clergymen under one umbrella to enhance unity among Muslims in the state.

The Emir of Anka and Chairman of Zamfara Council of Chiefs, Alhaji Attahiru Ahmed, who spoke on behalf of his colleagues, thanked the governor for the gesture.

Ahmed assured government of the traditional council’s continued effort to ensure peace and unity in their communities.

Categories
latest news

Lagos Govt. sets up 25-member Parks Management Committee


The Lagos State Government has set up a 25-member Parks Management Committee to oversee the affairs of all motor parks and garages in the state.

The Commissioner for Information and Strategy, Mr Gbenga Omotoso, said in a statement on Thursday that the committee was in fulfillment of government’s promise to ensure that events in the National Union of Road Transport Workers (NURTW) were not allowed to threaten law and order in the state.

Recall that the state government on March 10 suspended NURTW operations in all parks and garages, following the tension sparked by some events in the union.

Omotoso said that the government had, therefore, exercised its constitutional powers to ensure that no vacuum, which could disrupt the peace of the state, was allowed to exist in the parks.

He said that ensuring peace in the state was a duty government owed all residents and visitors.

According to him, members of the committee have been selected following consultations with stakeholders in the sector.

The committee members include Mr Hakeem Odumosu (AIG Rtd), as Government Liaison Officer; Alhaji Musiliu Akinsanya – Chairman; Alhaji Sulyman Ojora – Deputy Chairman, Dr. Taiwo Olufemi Salaam – Secretary.

Others are Mr Olayiwola Lemboye, Alhaji Mustapha Adekunle; Alhaji Ganiyu Shittu; Alhaji Mukaila Runsewe; Alhaji Sulyman Yusuf; Alhaji Mufutau Mutiu; Alhaji Yinka Hassan; Alhaji Sunday Ogunleye; Alhaji Moshood Omojowa; Alhaji Ismaila Aigoro and Alhaji Ibrahim Yusuf.

Also in the committee are Alhaji Akeem Tijani; Mrs Omolabake Adelakun; Mr Kazeem Hassan; Alhaji Wasiu Amole; Alhaji Ganiyu Ayinde, Mr Anthony Adeboye; Mr John Owolabi; Mr Saburi Salami; Mr Ibrahim Onitiju and Mr Gbenga Odusanya.

Omotoso said that members of the committee were to report to the Ministry of Transportation, Alausa Secretariat, Ikeja.

Categories
Metro

Environmental challenges: NGO to plant 300 trees in FCT communities


The Society for the Promotion of People`s Right, an NGO, says it plans to distribute seedlings and plant more than 300 trees in some communities in the FCT.

Mr Williams Osaze, National President of the organisation, made this kinown in an interview with the News Agency of Nigeria (NAN), in Abuja, on Wednesday.

Osaze said the project, scheduled to begin by end of May, was aimed at curbing desertification and other environmental challenges.

He said: “We are planning to visit about three area councils in the FCT, such as Bwari, Kuje and Gwagwalada.

“We want to ensure that trees are planted and those seedlings are used efficiently in the areas. We will visit the area councils’ chairmen and the community heads to inform them of our plan.

“Without a doubt, the effects of climate change have led to adverse weather conditions. One of the many reasons include the fact that mankind fell trees in multiples but fail to replace any.

“Because trees use up carbon dioxide and give us oxygen, the felling of trees without replacement leaves more carbon dioxide in the atmosphere which causes ozone depletion.

“Nowadays, environmental issues are receiving attention at global levels, and the global communities are continuously making efforts towards ensuring that the world is a better place for human habitation.”

The environmentalist said that the plan was to ameliorate the continuous threat of climate change challenges, which included global warming, greenhouse gas emission, flooding, desertification, erosion, pollution, among others.

He stressed that planting trees was one of the easiest ways to reclaiming grounds from desertification.

According to him, a healthy environment ensures healthy living, and that apart from the aesthetic value of trees, the health and environmental benefits of trees are innumerable.

He said that planting of trees could generate paid employment opportunities for horticulturists, pruners, gardeners, welders, tanker drivers, security personnel, down to the water boy, all of whom were helping to keep trees alive.

Osaze said as part of efforts to proffer solutions to these challenges, the organisation had established several environmental clubs in FCT schools.

He noted that if students and residents of communities around schools were drilled on proper environmental knowledge and practices, it would be easy to achieve and sustain the set goals.

He said that the organisation also planned to extend the project to other states, and urged Nigerians to make a habit of planting trees, and to ensure that when a single tree was cut down, three trees should be planted in its stead.

Categories
News

Dollar to naira exchange rate today 6 April 2022

dollar to naira exchange rate

FELLOW PRESS reports news on the dollar to naira exchange rate today 6 April 2022.

How much is Dollar to Naira Exchange at CBN Rate?

According to available data from the CBN, US dollar to naira exchange rate bought at ₦415.22 and sold at ₦416.22, making an average of  ₦415.72 for $1 on Monday April 6.

How Much Is Dollar To Naira Exchange Today At Official Rate?

The official rate today, dollar exchange to naira opened at ₦415.92 on Tuesday April 5, and closed at ₦416.63 on Monday April 4. This amount to 0.05 per cent decrease for naira against dollar.

The CBN adopts the NAFEX rates from FMDQ, signifying that all exchange rate transactions involving the public and the private sector will reference the prevailing NAFEX rate as its official exchange rate.

It is the official security exchange where foreign currencies (FOREX) is traded between naira and dollar and other currencies.

Daily turnover at the forex market stands at ₦106.50 million.

How Much Is Dollar To Naira Exchange Today at Bank Rate?

Each commercial banks is at their discretion to fix forex exchange rate. Factors can range from currency availability, demand against the prevailing rate.

See below bank rate of dollar to naira:

GTbank: ₦ 480

Ecobank: ₦ 480

Access Bank: ₦470

UBA: ₦510

Sterling Bank: ₦480

FCMB: ₦480

Fidelity: ₦533

How much is exchange rate of Dollar to Naira in Black Market today?

According to Abuja Parallel Market as available with the Bureau De Change (BDC), US dollar to naira as at Wednesday April 6, 2022 opened at ₦585 to $1.

Although, the Central Bank of Nigeria (CBN) has warned individuals who need forex to approach commercial banks.

Categories
Sports

Raja to face Al Ahly in CAF Champions League quarter-finals


Defending champions Al Ahly of Egypt will face three-time winners Raja Casablanca of Morocco in the quarter-finals of the 2021/2022 African Champions League later this month.

Al Ahly are chasing a third consecutive CAF Champions League title and a record-extending 11th triumph in the competition being organised by the Confederation of African Football (CAF).

Former champions Mamelodi Sundowns of South Africa, one of two sides to go unbeaten through the group stages, have been paired with Angolan side Petro de Luanda in the last eight.

The remaining two quarter-final ties will have Esperance of Tunisia facing ES Setif of Algeria, and Morocco’s Wydad Casablanca paired with CR Belouizdad of Algeria.

The four group winners will have home advantage in the second leg.

The progress to the semi-finals will see Al Ahly facing either ES Setif or Esperance.

Meanwhile, in the CAF Confederation Cup quarter-final draw, which was also conducted on Tuesday. a Libyan derby was thrown up.

Al Ittihad and Al Ahly of Tripoli will square it out.

Also, two-time champions TP Mazembe of DR Congo will face Egyptian side Pyramids.

2020 winners RS Berkane of Morocco have an all-North African clash with Al Masry of Egypt.

Tanzania’s Simba SC will take on South Africa’s Orlando Pirates in the final tie of the round.

Below is the full draw:

African Champions League quarter-finals

Al Ahly (Egypt) vs Raja Casablanca (Morocco)

ES Setif (Algeria) vs Esperance (Tunisia)

CR Belouizdad (Algeria) vs Wydad Casablanca (Morocco)

Petro de Luanda (Angola) vs Mamelodi Sundowns (South Africa)

Semi-final draw

Al Ahly or Raja Casablanca vs ES Setif or Esperance

Petro de Luanda or Mamelodi Sundowns vs CR Belouizdad or Wydad Casablanca

CAF Confederation Cup quarter-final draw

Simba SC (Tanzania) vs Orlando Pirates (South Africa)

Al Ittihad (Libya) vs Al Ahly Tripoli (Libya)

Pyramids FC (Egypt) vs TP Mazembe (DR Congo)

Al Masry (Egypt) vs RS Berkane (Morocco)

Semi-final draw

Al Ittihad or Al Ahly Tripoli vs Simba SC or Orlando Pirates

Pyramids or TP Mazembe vs Al Masry or RS Berkane

NAN reports that the dates of and kick-off times for the matches will be announced in due course by CAF.

Categories
Metro

Insecurity: Katsina State reacts to evacuating Akwa Ibom indigenes


Katsina State has debunked reports in some sections of mainstream and social media that Akwa Ibom evacuated 38 of its indigenes over security concerns.

Alhaji Al’amin Isah, Acting Director-General, Media, Katsina State, told newsmen that insecurity had not reached the level that other states would be evacuating their indigenes from Katsina State.

He said the attention of Katsina State government had been drawn to the report, especially in a national newspaper and on a broadcast channel.

“It has become necessary to let the world know that the story is untrue.

“ One of the people in the report claimed that she was attacked at Jibia, Katsina State, but that the military rescued her and took her to an Internally Displaced Peoples camp in the state.

“Quite to the contrary, we do not have any Internally Displaced Peoples camp in Katsina State.

“Those in the report merely want to extract money from their state government by using the insecurity issue in Katsina State as a cover.

“We are here to tell the world that the story is untrue. The security situation in Katsina State is under control; there’s no escalation to an extent that non-indigenes are being attacked.

“Those people going round telling the world that they have left Katsina State because of insecurity have personal motives for making such claims,’’ Isah said.

In his remarks, Alhaji Ibrahim Ahmad-Katsina, Special Assistant to Gov. Aminu Masari on Security Matters, said Katsina State government had contacted the leadership of non-indigenous people in the state on the issue.

Ahmad-Katsina said the non-indigenous peoples’ leadership had confirmed to the state government that it was all a ruse.

The governor’s aide called Akwa Ibom to take note of the development, so that unscrupulous people would not take advantage of situations.

Ahmad-Katsina assured all non-indigenes that the security situation was under control and that they were safe, adding that no state in the northwest was as safe as Katsina State.

Also speaking, Mr Obong Patrick, President of Good Neighbourhood and Peace Promotion Foundation, Katsina State, said it was not aware of any security challenge peculiar to non-indigenes.

Patrick said if there was such evacuation by Akwa Ibom, he would have known as former President and Founder of Non-indigenes Forum in Katsina State.

Categories
Politics

Group lauds Soludo for early nomination of commissioners-designate


The Movement for Election of Nigerian President of Igbo Extraction, a political pressure group, has hailed Gov. Chukwuma Soludo of Anambra for nominating commissioners-designate just in two weeks of his inauguration.

Soludo was sworn in on March 17 as the governor of Anambra after he won with a landslide victory during the gubernatorial election on Nov. 6.

The Convener of the movement, Mr Vincent Ezekwueme, told NAN in Enugu on Sunday that early nomination of the commissioners-designate shows that Soludo was adequately prepared for the task of governance.

Ezekwueme said that it was worth of note that he appointed “square pegs in square holes”.

He said, “It is good that Soludo sees himself as Governor of Anambra, where every citizen has equal stake, rights and opportunities.

“I appeal to Soludo to involve civil society organisations in his administration and subsequent appointments as they will always tell him what he needs to know and do, not what he wants to know and hear”.

Ezekwueme also called on the Anambra State House of Assembly to expedite action towards confirming the commissioners-designate in record time to facilitate quick actualisation of lofty goals of the state by Soludo administration.

“The commissioners should see their appointments as an avenue to serve and not to be served and amass wealth, power and fame.

“They should always listen to cries, problems and predicament of the residents and visitors in order to restore people’s confidence and trust in government,” he added.

Categories
News

Demarcation of Abia, Imo boundaries to commence on May 9


The tracing and provisional demarcation of boundaries between Abia and Imo will be carried out between May 9 and July 9, a joint communique by officials of the states and National Boundary Commission (NBC) has confirmed.

The communique, jointly signed by the Deputy Governor of Abia, Mr Ude Chukwu; Deputy Governor of Imo, Prof. Placid Njoku; and NBC’s Director General, Mr Adam Adaji, was made available to newsmen on Wednesday in Abuja.

The communique stated that the resolution was part of the joint meeting reached by officials of both states and that of the NBC on Tuesday in Abuja.

It said: “The two States shall articulate additional delimitation instruments and submit same to the NBC not later than 21 April, 2022;

“The submitted documents shall be screened and authenticated by NBC and Office of the Surveyor-General of the Federation within two weeks of their submission;

“Each state shall carry out separate enlightenment/sensitisation campaign of their respective border communities within the first week of May, 2022;

“The Joint Field Team shall be constituted to carry out the field tracing and provisional demarcation of the boundary for a period of two months from 9 May to 8th July, 2022;

“The two states will provide adequate security, relevant logistics and camping sites including four-wheel vehicles to the Joint Field Team during the tracing exercise.”

Categories
Sports

NUGA 2022: UNIPORT in early lead on medals table


The defending champions of the Nigeria University Games (NUGA), University of Port Harcourt (UNIPORT), is already asserting its dominance in the ongoing NUGA games.

Already, the school is leading on the medals table as the games reach Day 4.

The News Agency of Nigeria (NAN) reports that the 26th edition of the games has 78 public and private universities competing for honours.

The Team UNIPORT has already won 14 gold, six silver and nine bronze medals to earn a haul of 29 medals mostly from individual sports such as Swimming and Judo.

The host, UNILAG, is second with 19 medals – six gold, seven silver and six bronze – while a surprise entrant into the top three, Nile University, Abuja is in third position with three gold, two silver and two bronze medals.

Ignatius Ajuru University of Education, Port Harcourt is fourth with three gold, and two silver, University of Ilorin with two gold and five silver is fifth, while Benson Idahosa University sits sixth with two gold, one silver and two bronze.

Others in the top 10 are Federal University of Agriculture, Abeokuta in seventh place with two gold, one silver and two bronze and Obafemi Awolowo University, Ile-Ife eight with one gold, five silver and five bronze.

Ahmadu Bello University, Zaria occupies the ninth position with one gold, one silver and two bronze, while Federal University of Technology, Akure occupies the 10th position with one gold, one silver and one bronze.

On the success achieved so far at the games, the outgoing NUGA Secretary General, Bola Olorode, told NAN that there had been many improvements in the standard of the games.

“We now have more sports added to NUGA with many athletes doing well in their various categories.

“In terms of sports infrastructure, we are glad that many institutions are already improving on the existing ones by upgrading them to internationalisation standards.

“The competition we are seeing here is a testimony that Nigeria has a great future in sports if only we can sustain this and also improve on it,” he said.

Categories
Metro

World TB Day: WHO calls for increased investments to TB services, research


The World Health Organisation, (WHO) has called for an urgent investment of resources, support, care and information into the fight against Tuberculosis (TB).

The organisation made the call in a press release on Tuesday, ahead of the 2022 World Tuberculosis Day, annually marked on March 24.

The News Agency of Nigeria (NAN) reports that the day was fixed by the UN to raise awareness about the deadly infectious disease and its devastating health, social and economic impact on people around the world.

March 24 marks the day in 1882 when Dr Robert Koch, a German Physician and Microbiologist, announced that he had discovered the bacterium that causes TB, which opened the way toward diagnosing and curing the disease.

The day is, therefore, observed as World Tuberculosis Day and has “Invest to End TB. Save Lives” as its 2022 theme.

The World Health Organisation, which stated that although 66 million lives were saved since 2000, the COVID-19 pandemic had reversed those gains.

It added that “the 2022 theme conveys the urgent need to invest resources to ramp up the fight against TB and achieve the commitments made by global leaders.”

It said that the ongoing conflicts across Eastern Europe, Africa and the Middle East further exacerbated the situation for vulnerable populations, adding that “global spending on TB diagnostics, treatments and prevention in 2020 were less than half of the global target of 13 billion dollars annually by 2022.

“For research and development; an extra 1.1 billion dollars per year is needed.”

The WHO Director-General, Dr Tedros Ghebreyesus, said “urgent investments are needed to develop and expand access to the most innovative services and tools to prevent, detect and treat TB that could save millions of lives each year, narrow inequities and avert huge economic losses.

“These investments offer huge returns for countries and donors, in averted healthcare costs and increased productivity.”

Ghebreyesus said the investments in TB programmes demonstrated benefits not just for people with TB, but for health systems and pandemic preparedness.

According to him, building on lessons learnt from COVID-19 research, there is a need to catalyse investment and action to accelerate the development of new tools, especially new TB vaccines.

He said 20 million people were reached with TB treatment between 2018 and 2020, adding that “this is 50 per cent of the five-year target of 40 million people reached with TB treatment for 2018 to 2022.

“During the same period, 8.7 million people were provided TB preventive treatment. This is 29 per cent of the target of 30 million for 2018-2022, “he said.

Ghebreyesus said the situation was even worse for children and adolescents with TB.

He said in 2020, an estimated 63 per cent of children and young adolescents below 15 years with TB were not reached with or not officially reported to have accessed life-saving TB diagnosis.

Ghebreyesus said that almost two thirds of eligible children under five did not receive TB preventive treatment and therefore remained at risk of illness.

He said COVID-19 had a further negative and disproportionate impact on children and adolescents with TB or at risk, with increased TB transmission in the household, lower care-seeking and access to health services.

According to him, WHO is sounding the alarm on World TB Day, for countries to urgently restore access to TB services, disrupted due to COVID-19 pandemic for all people with TB, especially children and adolescents.

Dr Tereza Kasaeva, the Director of WHO’s Global TB Programme, also said “children and adolescents with TB are lagging behind adults in access to TB prevention and care.

“The WHO guidelines issued today are a game changer for children and adolescents, helping them get diagnosed and access care sooner, leading to better outcomes and cutting transmission.

“The priority now is to rapidly expand implementation of the guidance across countries to save young lives and avert suffering.’’

She said that he had updated guidelines for the management of TB in children and adolescents released by WHO and highlighted new patient-centred recommendations for diagnosis, treatment and prevention.

Kasaeva said that the most recent recommendations were diagnostic testing that expanded to include non-invasive specimens such as stools.

Others are rapid molecular diagnostics being recommended as the initial test for TB diagnosis for children and adolescents.

“Children and adolescents who have non-severe forms of drug-susceptible TB are now recommended to be treated for four months instead of six months, as well as TB meningitis, where a six-month regimen is now recommended instead of 12 months, he said.

She added that such would promote a patient-centred approach that would reduce the cost of TB care for children, adolescents and their families.

The director said that the two of the newest TB medicines to treat drug resistant TB (bedaquiline and delamanid) were now recommended for use in children of all ages.

She said it would make it possible for children with drug-resistant TB to receive all-oral treatment regimens regardless of their age.

She explained that the new models of decentralised and integrated TB care were also recommended, which would allow more children and adolescents to access care or preventive treatment, closer to where they live.

“TB remains one of the world’s deadliest infectious killers.

“Each day, more than 4,100 people lose their lives to TB and close to 30,000 people fall ill with this preventable and curable disease.

“Ending TB requires concerted action by all sectors. On World TB Day, WHO calls on everyone – individuals, communities, societies, donors and governments to do their part to
end TB.”

Categories
Metro

Chom edits FG shuts Ijesha foot bridge damaged by truck


The Director, Federal Highways, South West, Mr Adedamola Kuti on Saturday, shutdown the Ijesha bus stop foot bridge on Apapa-Oshodi Expressway, Lagos State over safety concerns.

The bridge was damaged by a truck on Wednesday.

Kuti while inspecting the cordoned pedestrian bridge, told Journalists that it was not structurally safe because some beams and slabs of the infrastructure were damaged by the reckless truck driver and its closure became inevitable.

“Wednesday, early morning of 16th March, 2022, a truck was coming from Apapa axis, probably, the truck must have been faulty with its bucket opened and raised and it was coming on top speed and getting here, of course it could not go because it was already up, it hit the pedestrian bridge.

“This pedestrian bridge has been here for more than 30 years and this is just a deliberate destruction of public infrastructure,” he said.

He said the headroom of the Ijesha foot bridge was higher than the normal heights for bridges and accommodated all kinds of trucks and containers with lots of top spaces left but the reckless driver damaged it because his buckets were hanging high up.

He said the truck driver had been apprehended, would be made liable for the cost of repairs and also prosecuted for deliberate damage to public infrastructure.

He lamented that the Federal Government was expending huge resources to construct and repair roads and other infrastructure and it was not fair that such facilities got damaged or abused by residents.

“But for now, the issue of safety is very important to us, we are going to shut down this pedestrian bridge for the main time by not allowing the public to make use of it for safety reasons pending the time we fix the repairs.

“We are bringing in our contractor to asses the level of damage and then check the integrity of the bridge,” he said.

Kuti said some of the beams and slabs of the damaged facility that were hanging delicately would be removed immediately to prevent further accidents.

He appealed to pedestrians and other road users to bear with government while assuring speedy rehabilitation of the bridge.

Kuti said the Police were already on ground to ensure safety around the damaged facility and that calls had been put through to the Federal Roads Safety Corps and the Lagos State Traffic Management Authority (LASTMA) to assist pedestrians.

Kuti appealed to pedestrians who now had to cross the highway to apply caution for safety while crossing the expressway.

He appealed to motorists to make sure their vehicles were in good condition before they put them on the road to avoid unnecessary risk to other road users.

“Whatever needs to be done to protect lives and property around here, we shall do them,” he said.

Some pedestrians who spoke to NAN expressed fear and worries over the danger of dashing across the expressway.
Mrs Bukky Babalola, a trader told NAN that her children and several others in her neighborhood had stopped going to school because of inability to cross the expressway.

“I cannot run across the expressway because of my weight. For safety, I usually take commercial motorcycle to Cele Bus stop to go and use the bridge there.

“Lagos State Environmental Sanitation Corps officials helped to control traffic for pedestrians to cross only for one day and went away. Our lives and that of our families are in danger, government should quickly repair this bridge,” she said.

Also, a commercial bus driver, Mr Godswill Okoronkwo said the risk was two way because some pedestrians dashed across the highway without properly checking, thereby compounding risk of accidents, urging government to speedy fix the bridge.

Categories
News

Environmental expert appeals to FG for more public awareness on recycling


An environmentalist, Miss Rachael Bolanle, on Saturday appealed to the Federal Government (FG) and recycling companies in the country to increase public awareness and education on recycling.

Bolanle said that the country would be better if there is more public awareness on how to recycle materials.

According to Bolanle, government and recycling companies should put more efforts at protecting the earth and future by sensitising the public more on recycling.

“Recycling is the process of converting waste into reusable material. Less than 30 per cent of Nigerian Homes consider recycling to be important.

“There is need for public awareness and campaigns from the government and all recycling companies in the world.

“People need to be aware of the importance of recycling and how they should play their parts to save the earth,” she said.

She added that plastic waste is now one of the major and highest waste products being produced globally.

“Tons of it are not properly disposed, if this continues, it only takes a matter of few years and the country will be in a big mess.

“Plastic and bottles should not be broken and found littering the environment, rather they should be properly disposed and recycled,” she said.

She added that government and recycling companies should promote recycling education in schools. In fact, it should be included in school’s scheme of work.

“Let children understand how to keep a clean environment, save the future and the earth right from primary and secondary schools.

“With accurate and continuous public awareness, people will be cautious on how they dispose wastes. People will not be found sorting plastic and some other wastes with their bare hands, hence, promoting hygiene, good health and a safe earth for all,” she said.

She added that humanity is at cross-roads, adding that everyone had to work everyday to protect the future.
She added that plastic companies should also monetise recycling activities.

“If there is a strong awareness that makes citizen understand that they will get paid for every plastic they dispose properly, they will gladly dispose them with their ‘money sense’ at alert.

“No one will throw plastic on the road, gutter or anywhere.

“Let’s protect our future together because the future of the earth lies in our hands” she said.

Categories
Business & Economy

NGX: Market capitalisation down by N38bn


The Nigerian Exchange Ltd., (NGX) closed on a downward note on Friday occasioned by loss in 20 stocks, as market capitalisation depreciated by N38 billion.

Specifically, market capitalisation of listed equities decreased by 0.15 per cent to N25.483 trillion, from N25.521 trillion recorded on Thursday.

The All Share Index (ASI) also depreciated by 70.55 points to 47,282.67 from 47,535.22 recorded on Thursday.

Investors, however, traded 599.51million shares valued N3.83billion in 3,848 deals against 239.73 million shares worth N3.891 billion traded in 4,289 deals the previous day, representing 150.07 per cent increase in volume..

Market sentiment was negative as 20 stocks depreciated in price while 13 constituted the gainers’ chart.

On the price movement chart, MRS shed 9.96 per cent to close at N12.5., Ikeja Hotel depreciated by 9.87 per cent to close at N1.37 per share.

WAPIC lost 9.43 per cent to close at 48k per share while Mutual Benefits Assurance dropped 7.41 per cent to close at 25k per share.

Also, Access Bank shed 5.77 per cent to close at N9.80 per share.

However, PZ recorded the highest gain increasing by 9.55 per cent to close at N8.60 per share.

CWG(BLS) trailed with a gain of 8.08 per cent to close at N1.07 per share.

Royal Exchange Insurance inched up by 7.14 per cent to close at N1.20 per share.

Niger Insurance gained five per cent to close at 21k per share while AIICO appreciated by 4.35 per cent to 72k per share.

Categories
Politics

Court vacates order stopping APC National Convention


An FCT High Court in Kubwa on Friday vacated an interlocutory injunction earlier granted stopping the All Progressives Congress (APC) National Convention from holding.

Malam Salisu Umoru dragged APC, the Chairman Caretaker Extraordinary Convention Planning Committee, Gov. Mai Mala Buni and the Independent National Electoral Commission (INEC) before the court to challenge the planned convention.

Justice Bello Kawu vacated the interlocutory order made on Nov. 18, following the defence counsel, Shuaibu Aruwa, SAN’s application for the court to set it aside.

Kawu vacated the order relying on the recent Supreme Court decision which held that a party member does not have the right to take the party to court.

He however adjourned the case until March 30 for hearing of the substantive suit.

Aruwa had moved a motion seeking the setting aside of the interlocutory order and striking out the suit on want of jurisdiction.

He said the application was supported by a five paragraph affidavit and a written address and adopted all the processes, praying the court to grant them in the interest of justice.

The defence counsel added that the claimant counsel, Mike Enaharo-Ebah did not file any process to counter his application.

In response, Enaharo-Ebah said Aruwa served him on March 11 and his seven days had not relapsed adding that his right to respond in line with the rules of the court had been shut out.

He however asked the court to reconsider an application to adjourn in other for him to file counter affidavits.

Aruwa in response said he served the claimant since March 9 through the former claimant counsel, F.O. Ekpa adding that the seven days elapsed on March 16.

Earlier, Enaharo-Ebah moved a motion dated March 10 pursuant to order 43 rule 1 of the rules of the court, seeking an order of the court setting aside the hearing notices of parties of this suit seeking abridgement of time of March 15 against March 30 for hearing.

” The second prayer is an order of the court setting aside every step taken by the APC and Buni for the fixing of March 26 for its convention.

” Third is setting aside every committee inaugurated by the APC and the report of such committees including any notice of purported notice of INEC.

“The application is supported by a five paragraph affidavit and one exhibit attached, which is the order of the court made on Nov. 18, 2021 restraining APC from proceeding with its convention pending the determination of the suit, ” he said.

Enaharo-Ebah said he filed a written address dated March 10 and rely on it as his argument, urging the court to grant his application.

In response Aruwa said he filed a five paragraph counter affidavit and relied on all the paragraphs attached is a letter written by APC and Buni, communicating the former claimant counsel and himself.

He said they agreed that their application would be taken either on March 14 or March 15 and was endorsed by the former counsel.

” The application for review of date is not strange it was agreed between me and the former counsel, ” Aruwa said.

The counsel to INEC, Alhassan Umar, SAN,aligned himself to aruwa’s submission and referred the court to order 43 rule 8 of the rules of the court adding that the change of date was based on terms agreed by parties.

The convention is scheduled to hold on March 26, 2022.

Categories
World News

Japan imposes fresh sanctions on Russia amid Ukraine conflict

Japan has imposed fresh sanctions on Russia, freezing the accounts of additional Russian nationals and organisations, the government said amid the Russian invasion of Ukraine.

These included the head of the Russian military intelligence service, GRU and arms supplier, Rosoboronexport.

Japan has now imposed sanctions on 95 Russian individuals and groups in the wake of Russia’s attack on Ukraine.

The assets of Russian President Vladimir Putin, the country’s central bank and Belarus ruler Alexander Lukashenko were also frozen.

The Japanese government had earlier on March 3, frozen the assets of 18 Russian officials and seven high-ranking Belarusian officials, along with two Belarusian organisations.

It had already imposed a barrage of sanctions on Russia.

Categories
national Nigeria news

Nigerians assured of stable electricity supply, as NERC names incidents to national grid


Chairman of the Nigerian Electricity Regulatory Commission Sanusi Garba has assured Nigerians that the concerted efforts at resolving challenges in the electric power supply chain will bring back supply to the threshold of over 4,000MW soon.

Speaking at a press briefing on the Nigerian Electricity Supply Industry (NESI) state, Garba refuted some of the false narratives trending in the media as the cause of instability in the network.

He attributed the challenges in the value chain to three significant events as the scheduled maintenance of the Shell Afam vandalism on the gas pipeline to Okpai Power Plant, and pigging of the pipeline supplying gas to Calabar Power Plant.

The Chairman said the combined effect of these three incidents happening when the hydro stations are operating below optimal level due to low water levels accounted for a reduction in the supply of over 1,000megawatts to the national grid.

Garba added that efforts at restoring the lost capacities and the possibility of signing the contract by Okpai 2 Power Plant, a newly constructed power plant with direct access to gas supply, will restore available capacity to over 4,000megawatts soon.

Categories
Politics

2023: Business forum purchases PDP nomination form for Atiku


A group, known as North East Business Forum, on Thursday purchased the Peoples Democratic Party (PDP) nomination form for former Vice President Atiku Abubakar.

This came less than 24 hours after the party commenced sales of nomination and expression of interest form to aspirants that want to contest 2023 general elections in the platform of the party.

The PDP National Executive Committee (NEC) on Wednesday at its 95th meeting approved guidelines for the conduct of its primaries for all elective position, fixing the presidential expression of interest form at N5 million and nomination form at N35 million

The Chairman of the forum, Alhaji Dalhatu Funakaya, presenting the forms to Abubakar at his Asokoro residence in Abuja, said the gesture was in fulfilment of their promise to foot the bill for his nomination forms.

“We made a pledge in Gombe in November 2021 and we called on him to contest and pledged to purchase nomination form for him,” Funakaya said.

He expressed optimism that with the fulfilment of their part, Abubakar would declare for the 2023 presidential election.

Responding, Abubakar commending the forum’s gesture and recalled how the same gesture was extended to him for 2019 general elections, which made him emotional.

“In 2018 or 2019 some young men contributed money and bought a nomination form, the first in political history since the return of democracy to our country and truly they made me to shed tears.

“They put together their hard earned money and purchased me a nomination form, that actually brought tears from my eyes. I was emotional about it.

“Now again today like the chairman of the North East Business Forum said, we were invited and another gesture was extended to me. It was a promise. And today it is a promise fulfilled,” he said.

Abubakar, however, said national unity was critical in tackling the challenges facing the country.

“The challenges before us are historical; our unity threatened, economy in worst state of affairs and our security is a disaster.

“This is why there must be unity to address these challenges.

“The challenges before us is greater than our differences of ethnicity and religion,” he advised.

Also speaking, the founder of Africa Independent Television (AIT), High Chief Raymond Dopkesi, described Abubakar as a man with capability to tackle the challenges of lack of unity, economic distress and ensure progress of youths.

Dokpesi applauded the business community in the North for recognising the capacity of Atiku whom he described as a foremost investor in Nigeria.

He added that Abubakar’s wealth of experience in private and public sectors made him the most suitable person for the office.

Categories
Education

3-year validity proposed for UTME results


Rep. Tolulope Akande-Sadipe (APC-Oluyole) has proposed a three-year validity period for Unified Tertiary Matriculation Examination (UTME) results in the country.

This is contained in a statement issued by her Media Aide, Olamilekan Olusada, and made available to newsmen on Thursday in Ibadan.

FELLOW PRESS reports that Akande-Sadipe is the Chairman, House of Representatives Committee on Diaspora Matters.

She said that a bill was, on March 16, sponsored on the floor of the House to amend the law establishing Joint Admissions and Matriculation Board (JAMB).

According to her, the bill is tagged: “A Bill for an Act to Amend the Joint Admissions and Matriculation Board (Establishment, etc.) Act, 2021 and Other Related Matters.”

Akande-Sadipe said that the law should be amended to increase the validity of UTME to three years to make JAMB function better.

The lawmaker argued that the one-year validity period of UTME results was cumbersome, distorting and worrisome to the average Nigerian.

“Most examinations meant for entrance for academic programmes generally last more than a year.

“Take a look at IELTS, SATS, GRE and other recognised examinations, they are either valid for three or four years, and they have remained among the best, as they have the test of time.

“The bill seeks to increase the validity of JAMB results from one to three years,” Akande-Sadipe said.

She added that the bill, if adopted and passed, would guarantee candidates’ admission into tertiary institutions three years after sitting for UTME.

The lawmaker stressed that this would save many Nigerians from the cost of purchasing UTME forms every year.

“The bill, if adopted and passed, will minimise the cost of running the examination and allow candidates to plan, project and decide on which of the tertiary institutions to study.

“It will also allow candidates to determine what to study and where, after seeing their strength as well as weaknesses, thus minimising the logistical need for conducting the examination.

“It will reduce uncertainties surrounding applications and admissions, and the number of applicants annually without reducing the quality of the examination,” she said.