Tinubu Nominates Jamila Ibrahim, Ayodele Olawande as Youth Ministers

By Modupe Gbadeyanka The salaries of employees of Mediacraft Associates Limited, a leading Nigerian full-service Public Relations and Integrated Brand Communications Consultancy firm, have been increased by 15 and 25 per cent. This was confirmed by a statement from the organisation as it celebrates its 20th anniversary this year. It was disclosed that the gesture was to reward the efforts of the workers toward the growth of the company and to cushion the current hardships in the country due to the removal of petroleum subsidy. According to the chief executive of Mediacraft Associates, Mr John Ehiguese, the salary increase had

By Adedapo Adesanya President Bola Tinubu has nominated Ms Jamila Bio Ibrahim to serve as the Minister of Youth and Mr Ayodele Olawande as the Minister of State for Youth. These nominations indicate a separation of the ministry, which used to be joined with the Ministry of Sport in the previous administration of President Muhammadu Buhari. In a statement signed by Mr Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, on Sunday, it was emphasised that the nominees would have to undergo screening at the Senate for confirmation. Upon confirmation by the Mr Godswill Akpabio-led parliament,

Contrary to reports by some online media that the Nigerian National Petroleum Company (NNPC) Limited, under the leadership of Group Chief Executive Officer, Mr Mele Kyari, is conducting secret recruitment without board approval, this medium reliably gathered that it’s false. The report claimed that about 35 people were recruited secretly into the NNPC Limited and are either undergoing medical examinations or writing entrance exams. But checks showed that there is no such recruitment exercise going on at the national oil company. Following its transition into a limited company governed by the Companies and Allied Matters Act, NNPC Limited has established

By Adedapo Adesanya The Nigeria Customs Service (NCS), as part of efforts to reposition the agency for greater operational efficiency, has approved the redeployment of comptrollers at various commands across the country. The acting Comptroller General of Customs, Mr Bashir Adeniyi, on Wednesday, explained that the redeployment of the customs comptrollers was in response to the statutory retirement of some management members of the service. In a statement signed by the National Public Relations Officer, Mr Abdullahi Maiwada, Mr Adeniyi approved key appointments and redeployment within the service to ensure operational efficiency. “Consequently, comptrollers Florence Nanu Ogar-Modey and Queen Ogbudu

By Aduragbemi Omiyale The chairman of Guinness Nigeria Plc, Mrs Omobola Johnson, has lamented the imbalance in female representation in all facets of life, warning that it could hinder women from being part of nation-building. She said this on Wednesday, March 2, 2022, when the Nigerian Exchange (NGX) Limited hosted a digital closing gong ceremony to celebrate the accomplishments of female chairpersons of NGX listed companies and their affiliates who were appointed in 2021. The event was organised in line with the exchange’s ongoing collaboration with the International Finance Corporation (IFC) which aimed to reduce the gender gaps in leadership,

By Dipo Olowookere Organisations have been urged to adopt an inclusive Occupational Safety and Health (OSH) workplace strategy, which allows employees to play active roles in preventing and mitigating workplace accidents. This appeal was made by a leading inspection, rope access and training company operating in Nigeria, JC International Limited. Speaking via a statement issued in Lagos in commemoration of the 2018 World Day for Safety and Health at Work, Managing Director of JC International, Engr. Austin Joseph, disclosed that safety requires active commitments of all concerned parties. Mr Joseph appealed to Nigerians to make conscious efforts toward ensuring safety

By Modupe Gbadeyanka An agreement to restructure the final tranche of payment of $7.6 million for the OPL 310 License due on or before Saturday, May 2, 2020 has been reached between LEKOIL and Optimum Petroleum Development Company. Optimum is the operator of the OPL 310 License and due to the present coronavirus pandemic, which has brought businesses down across the globe, especially those in the oil and gas sector, the restructuring of the payment became necessary. Observers said this partnership between LEKOIL and Optimum is a demonstration of the rare synergy and progress that is possible if indigenous companies

Governor Douye Diri of Bayelsa State on Tuesday said his administration intends to spend the sum of N242.3 billion in the 2020 fiscal year. Mr Diyi made this disclosure when he presented the 2020 appropriation bill to the Bayelsa State House of Assembly today. This was his first budget presentation since he assumed office about two months ago after succeeding Mr Seriake Dickson, who governed the state for eight years. Mr Diri, who tagged his maiden budget as Consolidation for Prosperity 2020, informed the state lawmakers that the appropriation bill defines the structure for the economic activities to be undertaken

By Prince Charles Dickson PhD Quickly last week, my office premises and environs did not have electricity, and a few steps from my office is the Jos Electricity Distribution Company. The company is one I did rate a four out 0f 10 which by any standards is fair enough. So, they were powering the office with a generator, yes, you heard me, generator. And I have seen this scenario once or twice, but it just occurred to me that we are not well as a people. However, truth be told, worse things have happened. A few years ago, the Bureau

By Modupe Gbadeyanka The International Monetary Fund (IMF) has approved the sum of $150.4 million for Benin Republic under the Extended Credit Facility (ECF) arrangement. The IMF team led by Mr Norbert Toé, Mission Chief for Benin, visited Cotonou from February 15 to 22, 2017, at the request of the government authorities, to finalize discussions with on a three-year economic program that could be supported by the IMF. Mr Toé said, “The three-year economic program reflects the strategic orientations of the Government’s Action Plan, 2016-21, and aims to improve the living conditions for the population, maintain a stable macroeconomic environment,

By Dipo Olowookere A new insurance product aimed at safeguarding farmers against risks along the agricultural value chain has been created by the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL). A statement issued by the Head of Corporate Communications at NIRSAL, Anne Ihugba, disclosed that the new product, NIRSAL Comprehensive Index Insurance (NCII), is mainly targeted at small-holder farmers who are the most vulnerable segment in the agricultural sector. It was explained that NCII is an improvement on the agency’s pioneering Area Yield Index Insurance (AYII) mechanism introduced last year. NCII was developed by the corporation in conjunction