Jobs/Appointments
APPEALS Project Creates 12,350 Jobs in Lagos
By Adedapo Adesanya
Lagos State Government has disclosed that its Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) Project has created 12,350 jobs.
This was disclosed by the state’s Coordinator of APPEALS Project, Mrs Oluranti Sagoe-Oviebo, at the Project Coordinating Office in Oko-Oba, Agege, Lagos.
It was revealed that the programme has empowered 17,469 direct and indirect beneficiaries, which included farmers and SMs with improved technologies, physical inputs, job creation and infrastructural support, among others.
The Project has also contributed N333.9 million to Lagos State GDP by 924 farmers supported by the project in 2020 from the Production Output Survey validated by Lagos State Bureau of Statistics (LBS) which translates to 0.07 per cent.
Mrs Sagoe-Oviebo also disclosed that about N199 million worth of products in Aquaculture, Poultry and Rice have been sold by some women and youth since they receive grant support from Lagos APPEALS project, noting that 44.14 per cent of the 3,950 beneficiaries supported under the matching grants are females.
She said Lagos APPEALS Project, which focuses on three value chains – Aquaculture, Poultry and Rice, is directly contributing to the United Nations’ Sustainable Development Goals (SDGs) as well as THEMES Agenda of Governor Babajide Sanwo-Olu administration in Lagos State.
The State Project Coordinator, therefore, commended Governor Sanwo-Olu for supporting the project with necessary funds to improve farmers’ productivity in Lagos State.
She disclosed that the project through Lagos State government had trained its women and youth beneficiaries to develop business plans through capacity building and support People Living with Disabilities, adding that construction and rehabilitation of 13.16 km Farm Access Roads (FAR) in four locations across the State have commenced and advanced to more than 40 per cent implementation.
“The project has continued to promote productivity enhancement technologies and value addition through the demonstration of improved technologies. These have directly impacted the Project Development Objective. Most of these were confirmed through administrative data.
“The productivity of rice paddy in the State has increased from 2.0 MT to 3.5 MT / Ha. Tilapia has increased from 100 Kg/m3to 140 Kg / m3, and Broiler from 1.8 Kg/ bird per cycle (liveweight) to 2.35 Kg/ bird. The processed output and sales of products for the value chains follow the same trend.
“The Project has empowered 1,786 Women and Youths under the Project’s Women and Youth Empowerment Programme (WYEP) with Start-up grant support to 1,542 beneficiaries so far. It has also provided training support on Socio-Emotional Skills for agribusiness in collaboration with Gender Innovation Lab/World Bank for some selected beneficiaries of APPEALS project Women and Youths Empowerment Programme,” she said.
Mrs Sagoe-Oviebo also disclosed that “APPEALS Project has desilted various drainage channels that pose perennial flooding challenges to aquaculture farmers around Erunwen, Adamo, Igbe, Ijede, Omitoro, Parafa in Ikorodu and Ebute – Afuye, Epe and others. Over 200 farmers (direct beneficiaries) have been affected positively by increasing their fish production by over 50 per cent; while over 10,000 indirect beneficiaries have also been impacted owing to the mitigation of floods around their farms,”
Speaking on the objectives of the APPEALS Project, Mrs Sagoe-Oviebo said the project aims to enhance agricultural productivity of small and medium-scale farmers and improve value addition along priority value chains in the states.
“It is aimed at supporting farmers’ productivity and their linkage to markets, facilitating the consolidation of agricultural products and cottage processing, facilitating farmers and small and medium businesses’ clustering and connection to an infrastructure network and business services as well as providing Technical Assistance (TA) and institutional support to beneficiaries, federal and state governments in value chain development,” she said.
Jobs/Appointments
Binance Names Co-Founder Yi He as Co-CEO Amid Ongoing Restructuring
By Adedapo Adesanya
Global blockchain ecosystem behind the world’s largest digital asset exchange by trading volume and users, Binance, has appointed its co-founder, Ms Yi He, as its co-CEO.
“Yi has been an integral part of the executive leadership team since the launch of Binance. Her innovative and user-focused approach has been instrumental in shaping the company’s vision, culture, and bottom-up business strategy,” said Binance CEO, Mr Richard Teng. “This appointment is a natural progression and she will continue to guide the organization from strength to strength.”
“We remain dedicated to being the most trusted and regulated exchange in the world, always putting our users first. Yi plays a critical role in growing our community and driving product innovation as we work to reach one billion users. Together, we are focused on building the Web3 infrastructure and promoting financial freedom, empowering people to participate in a more open and fair financial system,” added Mr Teng.
“I am honored to build alongside Richard, who brings decades of experience in regulated financial markets and was among the first to regulate crypto in its early days,” said Ms He. “Together, we bring diverse perspectives and are confident in leading the future of the industry during this pivotal time, as we responsibly expand our global presence and drive sustainable innovation with our users always at the center.”
Binance remains one of the world’s largest players in crypto trading, and leadership changes within the company continue to draw attention due to its scale and influence.
The appointment of a co-CEO adds structure during a period when global exchanges emphasize compliance, operational clarity and more formal management frameworks.
The company did not announce changes to its product lineup or platform priorities alongside the leadership update, and no financial terms were disclosed. The addition of a co-CEO role reflects an internal effort to distribute responsibilities as the firm works with regulators and seeks stability in a competitive and closely watched industry.
Jobs/Appointments
AFRIPERF Adopts Nigeria as Headquarters, Picks Komolafe as Chairman
By Adedapo Adesanya
The African Petroleum Regulators Forum (AFRIPERF) has chosen Nigeria as its official headquarters and also elected the chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, as its chairman.
Recall that in September, 16 countries, led by Nigeria, gathered in Accra, Ghana, to witness the signing of the charter establishing the forum, which seek to harmonise oil regulation in Africa.
Others include Ghana, Somalia, Gambia, Madagascar, Sudan, Guinea, and Togo among others.
The decisions were announced at the inaugural executive committee meeting of the forum which took place virtually on December 2, 2025. The meeting which was attended by the 16 African countries, was convened to pick its leadership, headquarters and logo.
Prior to his endorsement as the substantive pioneering chairman, Mr Komolafe acted in interim capacity.
Also, Mrs Eyoanwan Ndiyo-Aiyetan also emerged as the secretary of AFRIPERF.
According to a statement on Wednesday, NUPRC notes that the development affirms Nigeria’s central role in the African petroleum regulatory space and as Africa’s largest producer of crude oil.
In his acceptance speech, Mr Komolafe thanked his African counterparts for the trust and honour, promising to ensure that no member country is left behind.
AFRIPERF aims to strengthen regional petroleum governance by fostering collaboration, cooperation and coordination among member regulators.
Its mission includes creating standards, enhancing transparency and addressing cross-border challenges such as gas trade, emissions, and digitalisation while making the African continent energy sector attractive for crucial investments.
Jobs/Appointments
Tinubu Nominates General Christopher Musa as New Defense Minister
By Adedapo Adesanya
The immediate past Chief of Defence Staff (CDS), General Christopher Gwabin Musa, has been nominated by President Bola Tinubu as the new Minister of Defence, replacing Mr Mohammed Badaru Abubakar.
The erstwhile minister resigned from his position with immediate effect for health reasons, the president’s spokesman, Mr Bayo Onanuga, had said on Monday night.
The 63-year-old’s departure coincides with a period of heightened security challenges across Nigeria, with the government under pressure to deal with a spate of mass kidnappings.
In a letter to Senate President, Mr Godswill Akpabio, President Tinubu conveyed Mr Musa’s nomination as the successor to Mr Abubakar, according to statement on Tuesday by Mr Onanuga, the Special Adviser to the President on Information and Strategy.
The 58-year-old retired military chief is described as a distinguished soldier who served as the CDS from 2023 until October 2025. He won the Colin Powell Award for Soldiering in 2012.
Born in Sokoto in 1967, Mr Musa received his primary and secondary education there before attending the College of Advanced Studies in Zaria. He graduated in 1986 and enrolled at the Nigerian Defence Academy the same year, earning a Bachelor of Science degree upon graduation in 1991.
He was commissioned into the Nigerian Army as a Second Lieutenant in 1991 and has since had a distinguished career. His appointments included General Staff Officer 1, Training/Operations at HQ 81 Division; Commanding Officer, 73 Battalion; Assistant Director, Operational Requirements, Department of Army Policy and Plans; and Infantry Representative/Member, Training Team, HQ Nigerian Army Armour Corps.
In 2019, he served as Deputy Chief of Staff, Training/Operations, Headquarters Infantry Centre and Corps; Commander, Sector 3, Operation Lafiya Dole; and Commander, Sector 3 Multinational Joint Task Force in the Lake Chad Region.
In 2021, Mr Musa was appointed Theatre Commander, Operation Hadin Kai. He later became Commander of the Nigerian Army Infantry Corps before being appointed CDS by President Tinubu in 2023.
In the letter to the Senate, Mr Tinubu expressed confidence in Mr Musa’s ability to lead the Ministry of Defence and further strengthen Nigeria’s security architecture.
If confirmed by the upper legislative chamber, he will take up the ministry at a crucial time when security challenges including terror and kidnappings are plaguing the country.
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