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UPDATED: Tinubu Unveils First Child Advocacy Centre in Lagos

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By Dipo Olowookere

On Sunday, March 19, 2017, Mrs Bola Tinubu, wife of oil and gas magnate, Mr Wale Tinubu, will launch Nigeria’s flagship advocacy organization in Lagos, which aims to effectively tackle the menace of child sèxual abuse.

The ultra-modern relief and support centre is called the Cece Yara Child Advocacy Centre and will provide a warm, safe and friendly shelter for survivors.

The phrase ‘Cece Yara’ means ‘Save the child’ in Hausa language.

While at the facility, they will be given a comfortable environment to rise above whatever experience they might have been through.

Having taken into cognizance the major problems which could arise from child sèxual abuse, the centre is equipped with state of the art facilities tailored to assist the psychological and physical healing process of the survivor with a fully operational 24 hour hotline ready to cater to those in distress.

In recent times, research has shown that the incidence of child sèxual abuse in Nigeria is growing exponentially, statistics precisely state that one in four girls and one in ten boys experienced sèxual violence before 18.

As a response to these alarming figures, the establishment of the Cece Yara foundation has been a major breakthrough in the fight against child exploitation and sexual abuse.

The Cece Yara foundation believes that childhood should be a phase of purity and complete innocence, a period when the character of an individual is formed.

Founder of the organisation, Mrs Bola Tinubu, who is a lawyer and a staunch advocate for children, believes that the future of every child, regardless of gender, race or social background, should be preserved.

She is undauntedly ready to take on the fight against sexual abuse among children thus her drive and motivation for establishing and running the NGO.

The foundation strives to put in place programs and campaigns aimed at preventing child sèxual abuse, raising awareness on the issue and also giving the children a voice and a support system.

The activities and successes of this organization are laudable and truly encouraging.

One of the foundation’s recent accomplishments was getting justice for a 6 year old girl who was sèxually violated by an adult male. The accused was detained and charged to court in October 2016. On the 16th of February 2017, the Cece Yara foundation claimed justice for the victim and the accused was sentenced to seven years imprisonment without the option of fine.

The Cece Yara foundation played a pivotal role in bringing the sèx offender to book while providing legal support and psychological healing to the ‘survivor’ and her parents, through its Victim Advocacy Program.

The victory serves as a deterrent to perpetrators of child sèxual abuse in the country and a source of succour to survivors and their families.

NB: We are very sorry for describing Senator Oluremi Tinubu as founder of Cece Yara foundation, instead of Mrs Bola Tinubu, wife of Mr Wale Tinubu.

This error is highly regretted and was never intentional. Thanks

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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EFCC Admits Freezing Osun Bank Account, Alleges N11bn Embezzlement

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EFCC Real Estate Agents

By Modupe Gbadeyanka

The Economic and Financial Crimes Commission (EFCC) has explained why it initiated a move to freeze the bank account of the Osun State government.

Earlier on Wednesday, the Governor of Osun State, Mr Ademola Adeleke, claimed that the anti-money laundering agency asked one of its bankers, First Bank, not to release funds to the state government.

According to the Governor, this was part of the strategies to frustrate his administration ahead of the August 15, 2026, governorship election in the state.

Reacting to the issue on Wednesday night, the EFCC, in a statement, said it has been investigating the state government since March 2026 over an alleged “fraudulent handling of Ecology Funds, Intervention Funds and Federal Account Allocation Committee (FAAC) account to the tune of N11.0 billion.

The organisation noted that some officials of the state government, especially the Accountant General of the State, have had interview sessions with investigators of the EFCC.

“These ongoing investigations of the state government would not have warranted any placement of Post No Debit order on its account but for the precipitate and unwarranted movement of funds from the accounts to different suspicious accounts since August 2, 2026.

“The commission noticed huge transfers of funds into different corporate entities and had to swiftly halt the trend by freezing the accounts from which such heavy funds are being moved,” parts of the statement said.

In the disclosure, the agency noted that its preventive mandate is a public-inclined framework of safeguarding public funds, assets and resources, stressing that it cannot “watch idly while a state government’s account is being pillaged.”

“While the commission is fully aware of the impending governorship election in Osun State, it has a responsibility to act in defence of the sanctity of the funds of the state. It will be uncharitable for the commission to allow an excuse of an upcoming election to fold its arms to perform its legally-assigned functions,” it pointed out.

The EFCC disclosed that it is “keeping watch over the finances of other states like Osun State. Many of these states are on the investigative radar of the commission to ensure accountability and probity. The commission has always pointed out that it is non-partisan and non-sectarian but always working in the overall interests of Nigerians. The Osun State government account was frozen to save public funds from being looted.”

The organisation urged the public “to ignore false narratives and deliberate demonisation of the works of the EFCC. The interests of all Nigerians are greater and will always be protected by the commission.”

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NMDPRA Launches App to Track Fuel Consumption Across Filling Stations

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By Adedapo Adesanya

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has launched a mobile application designed to monitor fuel consumption patterns in real time across retail outlets nationwide.

The NMDPRA, established under the Petroleum Industry Act (PIA) 2021, is responsible for the technical and commercial regulation of Nigeria’s midstream and downstream petroleum operations. The deployment of the mobile application aligns with the authority’s broader efforts to leverage technology to improve regulatory compliance and strengthen accountability.

The pilot phase of the project began on August 1 in Abuja and its six Area Councils, the authority said in a statement published on X.

As part of the rollout, the Executive Director for Distribution Systems, Storage and Retailing Infrastructure (DSSRI), Mr Ogbugo Ukoha, led a team alongside officials from the Abuja Regional Office to assess the readiness and operational performance of the digital platform at participating retail outlets.

According to the NMDPRA, the application captures inventory and compliance data in real time, enabling regulators to monitor fuel distribution more effectively while improving operational efficiency across the sector.

The authority said the platform would generate reliable, data-driven insights to support evidence-based decision-making, strengthen national energy security planning and enhance transparency in the downstream petroleum industry.

It added that the initiative is expected to provide significant value to government, investors, operators and other stakeholders by improving access to accurate fuel consumption and compliance data.

Nigeria’s downstream petroleum sector has undergone significant changes since the deregulation of the petrol market and the removal of fuel subsidies, with regulators placing greater emphasis on data-driven supervision to ensure product availability, prevent supply disruptions and discourage sharp regional disparities in distribution.

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Onafriq, Privy to Build Regulated Stablecoin Infrastructure for B2Bs

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By Modupe Gbadeyanka

No doubt, moving money among African markets remains a slow, fragmented process that relies on multiple intermediaries and prolonged settlement cycles.

To solve this issue and drive the development of stablecoin-enabled payment services for businesses across the continent, Onafriq has joined forces with a leading stablecoin infrastructure provider, Privy.

The collaboration will enable Onafriq to create and manage embedded digital asset solutions for its partners and, in time, institutional clients where regulation allows. The initial phase focuses on cross-chain stablecoin transfers and treasury and settlement workflows, creating the foundation for future cross-border payment and liquidity solutions.

Integrating Privy’s secure infrastructure enables Onafriq to build the capabilities required to support a new generation of efficient digital payment services for banks, fintechs, and mobile money operators.

This partnership is a key component of Onafriq’s broader strategy to modernise pan-African payment infrastructure, enabling secure multi-modal wallets and more efficient movement of value across the continent.

The outcome will support a range of future institutional use cases, including stablecoin-enabled settlement, treasury management and liquidity services, as it reflects Onafriq’s commitment to driving Africa’s digital transformation agenda by investing in technologies that make financial services more efficient, connected and accessible.

It was gathered that Onafriq selected Privy for its enterprise-grade infrastructure to enable the seamless integration of digital asset wallet capabilities into its products, subject to regulatory approval, and deliver a simple user experience while abstracting the complexity of blockchain technology.

“At Onafriq, we keep investing in technology that makes payments faster and more accessible. Privy gives us a building block for faster settlement and better liquidity management. As demand for digital asset services grows, our goal is to ensure Africa’s payment ecosystem benefits securely and in line with regulatory frameworks,” the Group Chief Product and Innovation Officer at Onafriq,” Mr Luke Kyohere, said.

The chief executive of Privy, Mr Henri Stern, said, “Stablecoins will play an increasingly important role in the future of global payments, but real-world adoption depends on infrastructure that is secure, scalable and simple to implement. Working with Onafriq allows us to help build that foundation across Africa and beyond.”

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