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Google Pledges N1.2bn for Nigeria’s One Million Digital Jobs Initiative

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Google Accelerator Programme

By Adedapo Adesanya

Vice President Kashim Shettima has lauded Google’s N1.2 billion grant to the federal government’s one million jobs scheme.

In a statement from Mr Olusola Abiola, the Director of Information at the Office of the Vice President, the announcement of a grant of N1.2 billion to support the administration of President Bola Tinubu’s digital jobs initiative was commendable and worthy of emulation by other companies as he received some executives of Google at the Presidential Villa on Monday.

“Let’s think outside the box and create more job opportunities. We need to walk the talk. It is easy to pontificate but very difficult to bring all of the ideas to fruition. I want to assure you, this administration is ready to partner with you.

“Nigeria is ready for business. The President that we have now wants to leave a legacy that Nigerians will be proud of many years after,” the VP explained.

Speaking about the potentials of Nigeria’s young population, Mr Shettima said “we have a unique opportunity to harness the potentials of our huge youth population to create millions of jobs in the digital sector.

“We have more English-speaking people than many countries in Africa and beyond. We missed the agricultural age, we missed the industrial age, and we are now in the knowledge-driven post-industrial age. We have the potential and a unique opportunity to fill the anticipated global talent deficit.”

“Access Bank is doing a lot in terms of digital skills, training 1000 youths in digital skills to create employment opportunities. We are working with Wema Bank, the Bank of Industry and other partners on this project. We are willing to partner with Google; we will work closely with you for the good of our nation,” he added.

Earlier in his remarks, the Director of Google West Africa, Mr Olumide Balogun, said the company was excited about the Tinubu administration’s vision of creating one million digital jobs and was committing over N1.2 billion in grants to support the initiative.

He said the company, through the programme, would provide digital skills to over 20,000 youths and women to enhance and improve their lives and livelihoods and also enable several startups to grow and create thousands of jobs in the sector.

On his part, Google Africa’s Director of Government Relations and Public Policy, Mr Charles Murito, said the company remains committed to investing in digital infrastructure across Africa, noting that digital transformation in the continent can be the driver of the targeted technology jobs.

He spoke about the potential in Africa, noting that “Google cannot achieve its vision and objectives if it doesn’t cover Nigeria effectively.”

The Google initiative is designed to train 20,000 Nigerian women and youth in digital skills. The programme is facilitated through a grant from Google’s philanthropic arm to “Mind the Gap” in partnership with Data Science Nigeria and the Creative Industry Initiative for Africa.

The initiative aligns with President Bola Tinubu’s administration’s commitment to increasing the participation of young Nigerians in the digital economy by creating 1 million digital jobs.

The delegation from Google also included the Programme Manager, Google Africa, Ms Oluwatamilore Oni; the Government Affairs and Public Policy Manager, Mr Adewolu Adene and Communications and Public Affairs Manager for Google West Africa, Mr Taiwo Kola-Ogunlade, among others.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Jobs/Appointments

Tinubu Appoints Ogunjumi Acting Accountant General as Madein Retires

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Shamseldeen Babatunde Ogunjimi

By Adedapo Adesanya

President Bola Tinubu has appointed Mr Shamseldeen Babatunde Ogunjimi as the Acting Accountant General of the Federation (AGF).

This was contained in a statement on Tuesday by presidential spokesman, Mr Bayo Onanuga.

“His appointment is effective immediately following the pre-retirement leave of the incumbent AGF, Mrs Oluwatoyin Sakirat Madein,” a part of the statement read.

“In announcing Madein’s successor, President Tinubu ensures a seamless transition in the administration of Nigeria’s treasury and consolidates the implementation of the present administration’s treasury policy reforms,” the statement added.

Mr Onanuga said Mr Ogunjimi brings over 30 years of extensive experience in financial management across the public and private sectors.

He described the appointee as a career civil servant and the most senior director in the Office of the Accountant General of the Federation (OAGF),

“He has held significant positions, including Director of Funds at the OAGF and Director of Finance and Accounts at the Ministry of Foreign Affairs.

“A chartered accountant, certified fraud examiner, chartered stockbroker, and chartered security and investment specialist, Mr Ogunjimi’s academic qualifications include a Bachelor of Science (BSc) in Accountancy and a Master’s in Finance and Accounting,” the statement added.

According to Mr Onanuga, President Tinubu expressed his confidence in his appointment, saying, “The Office of the Accountant General of the Federation is pivotal to our nation’s treasury management operations. Mr Ogunjimi’s wealth of experience and notable competence will ensure the continued effectiveness of this vital institution as we advance our economic reform agenda.”

President Tinubu also commended the outgoing Accountant General of the Federation, Mrs Madein, for her dedication and selfless service to the nation.

After reaching the civil service’s statutory retirement age, Mrs Madein is retiring effective March 7, 2025.

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CBN Denies Forceful Mass Retirement Amid Restructuring

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CBN IMTOs

By Adedapo Adesanya

The Central Bank of Nigeria (CBN) has dismissed claims of forced mass retirement as part of efforts by Governor Yemi Cardoso to restructure the workforce of the organisation.

In a statement released on Wednesday, the Acting Director of Corporate Communications, Mrs Hakama Sidi Ali, clarified that its Early Exit Package (EEP) is entirely voluntary and without any negative repercussions for eligible staff.

According to the statement, the decision to implement the exercise was the outcome of extensive consultations with the bank’s Joint Consultative Council (JCC), a body representing staff interests.

Mrs Sidi Ali explained that the EEP, a longstanding policy previously accorded to the executive cadre, has now been made available to eligible staff at all levels.

“For some time, staff representatives through the JCC had called on management to approve the early exit package for all cadres. Following these discussions, management decided to meet this popular demand,” she said in the statement.

Addressing concerns about potential repercussions for staff who decline the package, Mrs Sidi Ali reaffirmed management’s commitment to supporting employees’ professional growth and well-being, describing the concerns as unfounded.

She further emphasized that the initiative is an internal corporate matter designed to promote career development for staff.

According to wide spread reports, there have been plans to retire approximately 1,000 employees by the end of the year with a payoff estimated to cost over N50 billion.

The mass retirement, which was announced in a circular issued three weeks ago, mandates affected employees to apply for the Early Exit Package (EEP).

The statement allegedly warned employees with less than one year of service or unconfirmed appointments to refrain from applying for the program, noting that the application would remain open until December 7, with an effective exit date of December 31, 2024.

It was reported that the entire EEP was valued at N50 billion.

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CBN Okays Appointment of Benson Ogundeji as Greenwich Merchant Bank CEO

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Benson Ogundeji Greenwich Merchant Bank CEO

By Modupe Gbadeyanka

The Central Bank of Nigeria (CBN) has approved the appointment of Mr Benson Ogundeji as the chief executive of Greenwich Merchant Bank Limited.

The board of the financial institution for businesses had picked Mr Ogundeji as its substantive CEO but awaited the authorisation of the banking sector regulator.

He brings over three decades of extensive banking experience to this role as a seasoned financial services professional, who previously served as Executive Director at Greenwich Merchant Bank from July 2020, where he played a pivotal role in the bank’s successful transition from the legacy Greenwich Trust Limited to a merchant bank.

In this capacity, he provided oversight for Corporate Banking, Treasury and Global Markets.

Throughout his career, Mr Ogundeji has demonstrated exceptional expertise in business development and operational excellence.

Before joining the firm, he held various senior leadership roles at prominent financial institutions, including Ecobank Nigeria, GTBank, and other notable banks, where he consistently displayed exceptional leadership skills.

His appointment comes at a crucial time as Greenwich Merchant Bank commences the next phase of its growth plans. Having related closely with the new CEO, as an Executive Director and acting CEO in the last four years, the board has expressed confidence about his ability to lead the bank in delivering our strategic goals.

“The board is pleased to announce the appointment of Benson Ogundeji as our Managing Director/Chief Executive Officer,” the chairman of Greenwich Merchant Bank, Mr Kayode Falowo, stated.

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