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CSCS Provides N100m to Crush COVID-19

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CSCS N100m COVID-19

By Modupe Gbadeyanka

The fight aimed to crush the global health crisis, the Coronavirus disease (COVID-19) in Nigeria received a boost a while ago with the donation of a fully equipped and insured state-of-the-art ambulance to the Capital Market Support Committee for COVID-19 (CMSCC) by the Central Securities Clearing System (CSCS) Plc.

The CMSCC is a laudable initiative of the Securities and Exchange Commission (SEC) aimed to coordinate the efforts of capital market stakeholders in the country to tackle the contagion, which has put the economy under a serious threat.

In addition to the ambulance donated yesterday, the CSCS also made a cash donation to the CMSCC Initiative.

In furtherance of its reinforced commitment towards the war against COVID-19 and the demonstration of its strong Corporate Social Responsibility (CSR) effort, CSCS will also be partnering other stakeholders in the distribution of 100,000 reusable facemasks aimed at providing free reusable facemasks to the most vulnerable, low – income households across the country.

During the presentation of the items, the Managing Director CSCS, Mr Haruna Jalo-Waziri, noted that his organisation has committed about N100 million to this war against COVID-19.

“We find it imperative to collaborate with other stakeholders in the capital market in this war against COVID-19. The safety of Nigerians and the growth of the economy is a collective responsibility that we cannot leave to the government alone.

“We have committed N100 million to this war against COVID-19, as we are also supporting the efforts of other stakeholders.

“Whilst we continue to support the society through CSR initiatives, we believe our most impactful support to the capital market and broader Nigerian economy is through our services,” he said.

He further said, “I am excited that we have operated seamlessly through this crisis, leveraging our investment in technology and people, in ensuring efficient depository and settlement of capital market transactions across multiple capital trade points, including the Nigerian Stock Exchange, the FMDQ Exchange and the NASD-OTC.”

Speaking further, Mr Jalo-Waziri said “I would like to thank our board of directors for taking this crucial decision for us to join well-meaning, responsible corporates and other stakeholders in the fight against this novel coronavirus.

“Whilst it is a challenging time for businesses, it is sacrosanct for corporate leaders to make all possible sacrifice towards this cause, which is perhaps pertinent to the sustainability of businesses and the broader economy.”

Whilst receiving the ambulance and cash donation, Chairman of the CMSCC, Mr Ariyo Olushekun, applauded the Executive Management and Board of CSCS Plc for the response to the SEC-led clarion call on capital market stakeholders.

He noted that CSCS has in its usual practice demonstrated commitment to the wellbeing of the Nigerian public and more precisely its support for the growth and development of the capital market.

“I am impressed by this kind gesture of CSCS to the capital market community and indeed Nigeria at large, particularly as this comes at a challenging time for most businesses, globally.

“CSCS has always proven its critical role as the capital market infrastructure, not only in delivering requisite depository and securities settlement services to the broad capital market but also in its corporate social responsibilities,” Mr Olushekun said.

“We will continue to ensure judicious use of the donations to CMSCC, even as we implore everyone to take personal responsibility by maintaining basic safety protocols such as the use of facemasks in public, regular washing of hands with soap and water for a minimum of 20 seconds or the use of sanitizers, maintenance of social distancing measures amongst other protocols being advised from time to time by relevant health authorities,” he added.

The Nigerian capital market community, led by SEC, inaugurated CMSCC to coordinate the sector’s effort in mitigating the medical and economic impact of the pandemic on the vulnerable and the less privileged.

The pillars of CSCS are built on Community, Environment and People. The company has consistently been at the forefront of championing various charitable causes towards People With Intellectual Disability (PWID), the physically challenged amongst others.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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FG Tasks Bloggers, Content Creators on Ethical Journalism, Nation Building

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By Aduragbemi Omiyale

Young bloggers, online content creators and digital influencers have been charged to embrace ethical journalism, responsible storytelling and fact-based reporting as they shape public opinion in the digital age.

This task was given by the Minister of Information and National Orientation, Mr Mohammed Idris, during the Niger State Bloggers, Online Publishers and Content Developers Forum on Monday in Abuja.

In a statement on Tuesday by his Special Assistant on Media, Mr Rabiu Ibrahim, the Minister said digital platforms offer enormous opportunities for innovation and civic engagement but must be used responsibly to promote truth, national unity and constructive public discourse.

He urged bloggers and content creators to verify information before publication, reject misinformation and disinformation, avoid sensationalism, and use their platforms to educate, inspire and promote national development.

Mr Idris also encouraged young Nigerians to see digital content creation not only as a source of income but also as a tool for civic engagement and nation-building, stressing that ethical communication is essential to strengthening democracy and public trust.

He further encouraged aspiring bloggers and digital entrepreneurs to continue developing their skills and uphold professional standards that will strengthen the credibility of Nigeria’s online media ecosystem.

“There is no democracy that can thrive without a responsible media. You cannot carry freedom and abandon responsibility,” he stated, adding that the government remains committed to protecting press freedom while encouraging ethical journalism.

The Minister also highlighted the establishment of the International Media and Information Literacy Institute (IMILI), the world’s first UNESCO Category 2 Institute dedicated exclusively to Media and Information Literacy, describing it as a major step in promoting digital literacy and responsible online engagement.

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2027: Obi Signs One-Term Agreement With Kwankwaso, NDC

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By Adedapo Adesanya

The vice-presidential candidate of the Nigeria Democratic Congress (NDC), Mr Rabiu Kwankwaso, disclosed that Mr Peter Obi, the party’s presidential candidate, signed agreements committing himself to serving only one four-year term if elected in 2027.

Mr Kwankwaso explained that the documents comprised a formal agreement involving the political party and a separate personal accord between himself and Mr Obi.

According to Mr Kwankwaso, the deal stipulates that the presidency will return to Northern Nigeria in 2031 upon the completion of an Obi-led administration’s four-year tenure, if elected next year.

“We have agreed to formalise it in writing,” Mr Kwankwaso stated. “We have executed one document for the party and another between the two of us,” he revealed during an appearance on Channels Television’s Politics Today late on Monday.

He reiterated that Mr Obi would honour his pledge and resist pressure to seek a second term, expressing confidence in the former Anambra State governor, noting that his interactions had convinced him that he would respect the agreement.

“I personally believe him, and, based on what I now know about him, I do not believe he will change his mind when the time comes,” he said. “We are all gentlemen.”

Mr Kwankwaso added that he and Mr Obi would continue to collaborate after the proposed administration completes its term.

“The agreement is that after four years, we will continue to work together as a group, as a party, and as friends and brothers,” he said. “After our four-year term, from 2027 to 2031, power returns to the North. That is the consensus.”

The former defence minister did not state that he would be the NDC presidential candidate in 2031; his comments referred broadly to the presidency returning to the North, rather than to his personal political ambitions.

Mr Obi has repeatedly pledged to serve only one term if elected; however, he has yet to publicly confirm the specific details of the documents described by Mr Kwankwaso.

In the 2023 Presidential polls, Mr Obi was the Labour Party presidential candidate while Mr Kwankwaso contested on the platform of the New Nigeria Peoples Party (NNPP).

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Nigeria Plants 1.5 million Trees, Restores 1.14 million Hectares of Degraded Land

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By Aduragbemi Omiyale

Over 1.14 million hectares of degraded land have been restored by the Nigerian government, with more than 1.5 million trees planted across the country in the past year.

This information was revealed by the Minister of Environment, Mr Balarabe Abbas Lawal, at the 2026 Top Management Retreat and National Tree Planting Campaign in Maiduguri, Borno State.

He said these achievements were made through initiatives of the federal government like the Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) project and the National Agency for the Great Green Wall.

According to him, the restoration of the land and the planting of trees demonstrate a clear national commitment to securing environmental sustainability while advancing economic growth.

The Minister reemphasised that the environment is not an abstract concept, pointing out that “it is the air we breathe, the land that feeds us, the rivers that sustain communities, and the climate that shapes the future.”

He praised Governor Babagana Zulum of Borno State for his giant strides in the environment sector in the state, urging other state governors to emulate him by providing sponsorship for their students to the various Federal Colleges of Forestry Resources Management institutions located across the six geo-political zones of the country to encourage and boost Forest education in the country.

He described the decision of Mr Zulum to sponsor 540 indigenes of the state to a forestry college in Maiduguri as commendable.

Mr Lawal also informed the participants of the programme that the Presidential Executive Order on the Prohibition of Exportation of Wood and Allied Products, 2025, is a key policy instrument under President Bola Tinubu’s administration, saying it protects Nigeria’s forest resources, curbs illegal logging, and encourages tree planting as a national duty.

He pledged the Federal Ministry of Environment’s continued partnership with state governments on afforestation, ecosystem restoration, and other interventions tailored to their needs.

“Nigeria’s environmental future can be secured by protecting natural heritage, strengthening climate resilience, and advancing inclusive and sustainable development for present and future generations,” he declared.

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