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Nigerian Youths Creating Global Lalue, Okonjo-Iweala Lauds Burna Boy, others

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The new Director-General of World Trade Organisation, Dr. Ngozi Okonjo-Iweala, has stressed the need to invest in young Nigerians and the global value that the country will attract through such investment.

Specifically, she said talents abound in Nigeria including Afrobeat musicians, Burna Boy and Wizkid, who won their first awards at the 63rd Grammys this week.

Burna Boy, whose real name is Damini Ogulu, won the best global music album category with his Twice As Tall album released in August 2020.

Wizkid, on the other hand, won a Grammy for the Best Music Video’ for his role in ‘Brown Skin Girl’, Beyonce’s 2019 hit song.

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Speaking at a press briefing in Aso Villa Abuja this week, Okonjo-Iweala said, “Nigerian has many young people with a lot of talents. I just saw today that one of our musicians, Burna Boy won a Grammy Award. Our music, our movies are exported…and technology. Our young people are on the internet creating value. In Fintech, have the investment in Flutterwave that has led to the company being valued at almost a billion dollars.

“Our young people are doing so many things in services that can also be exported, and that is one area we need to look at. I was very heartened when the President spoke about investment in young people.”

The 66-year-old former finance minister is on her first working visit to Nigeria after she resumed office as WTO chief on March, 1, 2021, breaking a 26-year record to become the first African and first female director-general of the global trade and settlement body.

Okonjo-Iweala had also met with the President, Major General Muhammadu Buhari (rted), and Vice-President Yemi Osinbajo at Aso Villa as well as other ministers to thank them for their support right from her nomination stage to her emergence as WTO chief.

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Naija News

Buhari Arrives Imo for Commissioning of Projects

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Buhari Arrives Imo for Commissioning of Projects

President Muhammadu Buhari has arrived in Imo State for the commissioning of major projects.

Buhari arrived at the Sam Mbakwe Airport in Owerri, the state’s capital on Thursday and was received by state officials and other luminaries.

Governor Hope Uzodinma had revealed that the president would be visiting Imo to commission some “major projects” his government has executed.

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“While in Abuja, I secured approval for the president to visit Imo on Thursday, Sept. 9, to commission some major projects put together by the Shared Prosperity Administration,” the governor said during an interview after he visited the Federal Capital Territory (FCT).

More details soon…….

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Naija News

F.G. asks L.A.S.G. to Provide Land For Mass Housing Programme

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F.G. asks L.A.S.G. to Provide Land For Mass Housing Programme

The Federal Government has appealed to Lagos State Government to provide land for the takeoff of the present administration’s mass housing scheme in the state.

The Federal Controller of Housing in Lagos State, Margaret Adejobi, made the appeal in Lagos on Sunday. She stated that the Federal Ministry of Works and Housing had explored various means to ensure immediate take off of the mass housing programme in Lagos State but was constrained by lack of land.

Adejobi said that Lagos State Government had in the past allocated a waterlogged land in Abijo near Epe, adding that the cost of sand filling the area would make the houses unaffordable.

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Adejobi said that the ministry was also exploring other options to get suitable land for immediate commencement of mass housing for residents.

She appealed to government Ministries, Departments and Agencies (MDAs) to donate some of their vast parcels of land for mass housing for Lagos residents.

According to her, several MDAs have vast land not being put to use for decades which could make a huge difference if used for mass housing for Lagos residents.

Adejobi, who assumed office in Lagos last month, further promised to collaborate with all stakeholders to make Lagos a better place.

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Finance

NNPC MD Charges Staff to Sustain Profitability Trend

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NNPC MD Charges Staff to Sustain Profitability Trend

The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Malam Mele Kyari, has charged the staff of the petroleum corporation to work hard to sustain the profitability trend as Nigerians will no longer condone losses from the Corporation.

Kyari at a Town hall meeting which was held in Abuja, assured that the corporation would continue to imbibe the best practices.

He applauded the staff for breaking the profitability jinx, adding that things cannot be the same with the Corporation again, especially with the passage of the Petroleum Industry Act which mandated it to run under the Company and Allied Matters Act.

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He stressed that a back slide into losses for three consecutive years would mean liquidation for the Corporation while noting that the principles that propelled the Corporation from loss into profitability include cost control, transparency, ethical conduct among others.

He further urged staff to desist from every conduct that could prove inimical to the progress of the Corporation by either reporting such directly to him or deploying any of the whistle-blowing platforms that have been activated by the Corporation.

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