General
Interswitch Boss Links Corruption With Poverty
Founder of Interswitch Group, Mr Mitchell Elegbe, has emphaised the importance of trust in becoming successful in life, saying being trusted goes hand-in-hand with trustworthiness, adding that trustworthiness was a culmination of ability, integrity and benevolence.
Speaking at the second InterswitchSPAK Masterclass held in Lagos recently, the entrepreneur also said the best way to fight corruption was to have the mindset of equity, stressing that corruption and poverty go hand-in-hand.
He explained the relationship between equality and equity, noting that not all have equal strengths, opportunities and privileges. However, he said with a sense of equity, the more privileged would share with the less privileged.
“While it is wrong for the less privileged to demand equity as a right – as that is extortion – it is important that the privileged have a mindset of equity, that allows them to share from their abundance. It is with this mindset of equity that prosperous communities are built and the fight against corruption is won,” Mr Elegbe said.
The Masterclass is part of the InterswitchSPAK Switch-a-Future- project, a CSR initiative of the company focused on driving increased interest in the study of Science, Technology, Engineering and Mathematics (STEM) subjects among Senior Secondary School students across Africa.
Participants at the Masterclass were made up of the top 81 students out of the over 13,322 students from various private and public secondary schools across the 36 states of the federation, including the FCT, who wrote the National Qualifying Examinations in April.
Other speakers at the Masterclass were Dr. Ola Orekunrin-Brown, MD / Founder, Flying Doctors Nigeria, who spoke on the topic: ‘Entrepreneurship – Creating Sustainable Impact by Solving Social Problems’. Dr. Brown shared the story of how she started Flying Doctors and the challenges she surmounted. She reiterated the need for basic financial literacy for budding entrepreneurs.
Dr. Jumoke Oduwole, Senior Special Assistant to the President on Industry, Trade, and Investment who was represented by Ayokunnu Ojeniyi, Project Manager, Enabling Business Environment Secretariat, Office of the Vice-President, spoke on the topic: ‘Collaborative Approach to Social Innovation’ and why it was important to think creatively and critically in addressing social problems.
In her welcome address, Enyioma Anaba, Group Head, Corporate Segment, Corporate Marketing, at Interswitch, said that the Masterclass was an integral part of the InterswitchSPAK project because the sessions were designed to inspire the young people to contribute to solving Africa’s many problems.
She said: “We brought together these 81 brilliant young minds to draw from the experiences and insights of accomplished thought leaders, thinkers and professionals who are leading lights in their respective spheres of influence and who are practical advocates of innovation, as a platform for social and economic development. We hope that the interactions during the sessions will provide them with the right mental and emotional foundations upon which to build their character for the long haul.”
The Masterclass was a full-day of knowledge sharing and engagement session and had these inspiring and successful men and women in our society sharing their experiences across school, work and family life.
The participants included the 81 finalists aged between 14 and 17 years, students from Slum2School Innovation lab, staff of Interswitch and the media.
Cherry Eromosele, Group Chief Marketing and Communications Officer at Interswitch, disclosed that as a progressive organisation, Interswitch has the interest of the young African talents at heart.
She said: “For Africa’s youth to succeed in today’s knowledge-based economy, they need to acquire the right skill sets; their minds need to be re-engineered and reconciled with STEM education as well as introduced to other softer skills which are not readily taught in the classrooms. At Interswitch, we are creating a platform that allows them to not only compete within a job market that is globalized, but to become catalysts for the creation of job markets in themselves”.
In furtherance of the commitment to the pan-African spread of the initiative, the InterswitchSPAK Switch-a-Future project was launched in Kenya and the inaugural Masterclass for the finalists held in Nairobi on August 2, 2019.
General
e-Governance Bill Will Promote Accountability, Transparency—Oyo Stakeholders
By Aduragbemi Omiyale
Some stakeholders in Oyo State, including the state government, have called for a speedy passage of the National Digital Economy and e-Governance Bill, submitting that it would ensure accountability and transparency in governance.
At a stakeholder engagement meeting on the National Digital Economy and eGovernance Bill in Ibadan on Tuesday, participants agreed that the e-governance bill would smoothen government activities and boost government-citizen engagement.
The Minister of Communications, Innovation and Digital Economy, Mr Olatunbosun Tijani, appealed to Nigerians to give the bill the needed support for passage.
Mr Tinubu, speaking at the event through Banke Ajagunna, noted that the importance of the bill cannot be underestimated as it will enhance the digital economy and build trust between the government and the people.
According to him, the consultative engagement is going on in all the states of the federation to seek the input of stakeholders on the bill, and submitting it is a significant step forward in Nigeria’s digital transformation journey.
This bill, according to him, aims to drive economic growth through digital technology, improve public service delivery, and create a competitive environment for the Nigerian digital economy.
He noted that in a bid to migrate Nigeria into a smart country, the federal government through his ministry proposed the National Digital Economy and e-Governance Bill.
The Minister said the bill offers numerous opportunities for businesses to innovate and expand, with improved digital infrastructure and a supportive regulatory environment. Individuals will also benefit from improved access to digital services and better governance through e-governance initiatives.
He highlighted the advantages of the E-governance bill to include Economic Transformation and Establishment of a regulatory foundation to encourage digital commerce, cross-border trade, and innovation, positioning Nigeria as a major player in Africa’s digital landscape.
“It will facilitate the digital transformation of government services to make them more transparent, accessible, and responsive to citizens,” Mr Tijani stated.
He also said the bill will ensure Digital Access for All, saying, “it will promote infrastructure and digital literacy programs to make digital services accessible across Nigeria, including underserved regions.”
Speaking earlier, the Senior Special Assistant on ICT and E-Governance to the Governor, Mr Bayo Akande hailed the federal government’s National Digital Economy and E-Governance Bill.
Mr Akande, who observed that the nation is overdue for a digital economy, which is the order of the day, added that this bill will drive economic growth through digital technology.
“Despite advances in technology, Nigeria’s digital economy faces critical challenges, Nigeria lags behind countries with robust e-governance frameworks that empower citizens and protect consumer data. Without intervention, Nigeria risks losing economic opportunities in an increasingly digital world,” he stated.
“Though Oyo has already started to introduce digital methods in the governance space of the state, as the state recently deployed Business Process Automation, in a bid to make Oyo state government services go paperless, the bill is a step in the right direction,” the aide to Governor Seyi Makinde of Oyo State noted.
General
Labour Party Disassociates Self From Interim Executive Committee
By Modupe Gbadeyanka
The national leadership of the Labour Party (LP) has affirmed Mr Lookman Abiodun Jagun as the leader of the party in Ogun State.
Mr Jagun was appointed as the leader of the Caretaker Committee for Ogun State chapter of the opposition party by its highest organ, the National Executive Committee (NEC).
In a statement issued by the National Publicity Secretary of Labour Party, Obiora Ifoh, it was emphasised that any other group parading itself as the leadership organ of the party in Ogun State was not recognised by the national leadership.
There has been a group known as the Interim Executive Committee (IEC) of the Labour Party claiming to be in charge of the party in the state.
But Labour Party stated that this group is not known to it as “the Interim Executive Committee is an aberration and it is unknown to both the constitution of the Labour Party and the national leadership of the party.”
The Labour Party has a structure and a valid constitution that governs its operations and all members are expected to abide by the party’s constitution.
“The party does not permit or encourages members to arrogate powers and functions to themselves, without recourse to the constitution or the national leadership.
“Faithful party men and women in Ogun state are advised to be wary of the antics and activities of the self-styled IEC, as they do not enjoy the support or validation of the National Leadership of the Labour Party.
“We also urge every member and intending members to subject themselves to the ongoing e-membership registration and revalidation exercise to be able to participate in the activities of the party, including the congresses that will commence in February 2025 across the nation,” the statement said.
General
Tinubu to Visit France Wednesday to Strengthen Bilateral Relationships
By Adedapo Adesanya
President Bola Tinubu will embark on a state visit to France on Wednesday and stay in the European country for the next three days in honour of an invitation from President Emmanuel Macron.
The presidency disclosed this in a statement on Tuesday signed by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga.
The statement said President Tinubu will “be received on Thursday at the 350-year-old French military museum, Les Invalides and Palais de l’Élysée, by Mr Macron and his spouse, Brigitte, for initial ceremonies that will dovetail into bilateral meetings.”
“The Nigerian leader’s three-day visit, which will focus on strengthening political, economic, and cultural relations and establishing more opportunities for partnership, particularly in agriculture, security, education, health, youth engagement and employment, innovation, and energy transition, promises significant benefits for Nigeria,” the statement said.
“Both leaders will participate in political and diplomatic meetings highlighting shared values on finance, solid minerals, trade and investments, and communication. They will also witness a session by the France-Nigeria Business Council, which oversees private sector participation in economic development.
“Brigitte and Nigeria’s First Lady will discuss the latter’s passion for empowering women, children, and the most vulnerable through the Renewed Hope Initiative,” it added.
The President will travel for the visit with his wife, Mrs Oluremi Tinubu, and other senior government officials. They will be hosted at a state dinner by the French leader before their departure.
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