Home Blog Page 157

Invest in Industrial, Oil Sectors To Accelerate GDP Growth, Experts Urge FG

0

Economists have advised the federal government to channel more investments into the industrial and crude oil sectors as part of strategies to sustain Nigeria’s economic growth.

Prof. Sherifdeen Tella, Lecturer of Economics, Babcock University, told the reporters in Lagos on Thursday that stronger interventions in the industrial sector would accelerate Gross Domestic Product (GDP) growth.

“The government should empower domestic production firms in critical areas with funds that can be repaid in the future.

“This support can be likened to the U.S. bailout for industrial firms during the 2008 global economic meltdown,” Tella said.

He added that subsidising energy, particularly electricity and petrol, would stimulate growth in the productive sectors.

He also said that innovations to tackle oil theft and boost crude production could improve the nation’s export earnings.

“This will encourage more players to venture into the sector and increase exports to the global market, thereby earning more revenue for the government,” he said.

In his contribution, Dr Uju Ogubunka, former Executive Secretary of the Chartered Institute of Bankers of Nigeria (CIBN), said improved security was vital to sustaining growth.

“Having a secured economy is important, where people can earn their livelihood without molestation.

“For instance, our hinterland is not as secure as expected, and this has reduced agricultural production with direct consequences in the market,” Ogubunka said.

He also urged the government to prioritise infrastructure renewal.

“The government should invest more in regular electricity supply and the completion of railway projects.

“These will attract more investment and facilitate economic development,” he said.

The National Bureau of Statistics (NBS), in its second quarter of 2025 GDP report, said Nigeria grew by 4.23 per cent in real terms year-on-year.

The report noted that the growth rate was higher than the 3.48 per cent recorded in the second quarter of 2024, underscoring the need to consolidate gains with stronger reforms and targeted investments.

Artist Urges Preservation Of African Folklore

Legendary Nigerian artist and researcher, Zainab Odemwingie, has called for the preservation of African folklore to protect cultural identity and ensure traditional values are not lost to globalisation.

She made the call during an interview on Thursday, stressing the importance of safeguarding indigenous stories and customs for future generations.

According to Odemwingie, preserving Nigeria’s rich folklore helps prevent erosion of indigenous practices and ensures they are passed down authentically to promote cultural consciousness and shared community experience.

“The Western world celebrates Cinderella and Princess Elsa. But where are our African fairy tales, dolls, and storybooks that reflect our royalty, folklore, and cultural identity?” she asked.

Odemwingie said her flagship initiative, My African Baby, aimed to preserve African cultural heritage through storytelling, education, and creative expression for younger and global audiences alike.

“Her acclaimed works, including Ivie Ogho, Faces of Ancestry, Fulani Elegance, and Echoes Across the Humber, serve as visual narratives that connect history with contemporary African identity.

“Folklore is not just history, it is identity, resilience, and courage,” she said, emphasising that culture must remain visible and valued in the face of rapid modern change.

Beyond painting, Odemwingie said she had explored comics and virtual reality projects to engage younger audiences and make African heritage more accessible through modern digital platforms.

Her published works, she said, explored how traditional stories could be preserved through technology, ensuring culture stayed relevant, engaging, and adaptable for future generations.

“Influenced by Bruce Onobrakpeya and Vincent van Gogh, I embraced art as more than expression, it’s a duty to preserve and protect the soul of our culture,” she said.

Through her work, Odemwingie sought to reintroduce Benin folklore and African heritage to younger generations at risk of losing connection with their cultural roots and ancestral wisdom.

“At the heart of it all is this truth: our heritage must be protected. Through art and research, I’m committed to preserving our courage, wisdom, and cultural legacy,” she added.

IPMAN Urges Soludo To Tackle Multiple Taxation In Anambra

0

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged Gov. Chukwuma Soludo of Anambra to create a more business-friendly environment by addressing multiple taxation in the state.

Mr Chinedu Anyaso, Chairman of IPMAN’s Enugu Depot Community, made the appeal during the inauguration of new executive of Petroleum Dealers Association of Nigeria (PEDAN), Anambra Branch, on Thursday in Awka.

Mr Chibuike Izukanne emerged as Chairman, Ozomadu Michael as Vice Chairman, and Augustine Ejimofor as Secretary.

Anyaso, who oversees IPMAN activities in Anambra, Ebonyi, and Enugu states, expressed concern over the increasing number of taxes and levies imposed on petroleum marketers.

He noted that the proliferation of charges was threatening the sustainability of their operations in the state.

“We used to have a consolidated tax system, but now additional levies such as business premises charges, land use fees, and Local Government Council dues have been introduced.

“The burden is becoming unbearable, and while we are still engaging with the government, we hope for a resolution soon,” he said.

Anyaso congratulated the new PEDAN leadership and urged them to remain law-abiding while safeguarding the interests of members.

In his acceptance speech, Izukanne thanked members for their confidence in him and pledged to lead in a way which benefited both members and the state government.

He also echoed concerns over the issue of multiple taxation and harassment by various government agencies.

“These challenges have continued to affect our operations. However, we will engage with the government constructively without compromising the interests of our members,” Izukanne said.

NIGERIA AT 65: GOV Fubara Holds Valedictory Session For Cabinet

0

Rivers State Governor, Sir Siminalayi Fubara, has thanked members of his cabinet for their services and contributions to the development of the State in the last two years..

A statement signed by the Chief Press Secretary to the governor, Nelson Chukwudi, said that Governor Fubara made the commendation during a valedictory session he held with his cabinet to mark Nigeria’s 65th Independence Anniversary in GovernmentHouse, Port Harcourt on Wednesday.

The Governor highlighed the significance of Nigeria’s Independence, and called on all Nigerians to work together with Mr President to build a peaceful, secure and prosperous country and a brighter future for all.

The Governor also reiterated his committement to serve the State with renewed vigor, while thanking all citizens for their support, and wished all Nigerians a happy Independence anniversary.

Furthermore, the Governor has relieved all Commissioners and other public officers affected by the recent Supreme Court judgement of their appointments with immediate effect.

RSG Mourns Somtochukwu’s Demise … Describes It As Big Loss To Rivers State, Nigeria

0

Rivers State Governor, His Excellency, Sir Siminalayi Fubara, has expressed shock and sadness over the heartbreaking demise of the 29-year old brilliant lawyer and exceptional personality in Nigeria’s bustling media industry, Ms Somtochukwu Christelle Maduagwu, on Monday, September 29, 2025, during a robbery incident in her residence within the Katampe precinct of Abuja, the Federal Capital Territory (FCT).

A statement signed by the Chief Press Secretary to the governor, Nelson Chukwudi, on behalf of the governor, dated October 1, 2025, noted that Somtochukwu, one of the shining stars that Rivers State bequeathed to Nigeria and the world, was not just “a distinguished Journalist, but an embodiment of kindness, humility, brilliance, resilience, and hope of a brighter future for Nigerian youths.

“Her voice on ARISE News Television was an inspiration to millions, her passion for Justice reflected in her legal mind; and her humiilty and persistence while probing for the truth, a latent pointer to her professionalism. Therefore, losing Sommie at this time is an unwholesome tragedy to her family, our dear Rivers State, and indeed, our country.

“We regret the circumstances of this unfortunate incident, knowing that the vacuum created by her death cannot be filled. We, however, take solace in the fact that the Federal Government has ordered the appropriate security agencies to ensure that justice is served in this case.

“On behalf my family, the Government and good people of Rivers State, the Governor condoles with the Maduagwu and ARISE News families, relatives and friends, as we collectively mourn the passing of a shining star and colossus in the Media Landscape,” the statement concluded.

Nigeria @ 65: First Lady, Oluremi Urges Nigerians To Push Toward Greater Nation

0

Wife of the President, Senator Oluremi Tinubu, has advised all Nigerians to work harder to achieve a greater nation.

The First Lady gave the advice in Abuja on Wednesday in her message to wish all citizens happy 65th Independence Anniversary.

She quoted the 1925 Essay, “The New Frontier” by Gebran Kalil Gebran.

“Are you a politician, asking what your country can do for you or a zealous one, asking what you can do for your country? If you are the first, then you are a parasite. If the second, then you are an oasis in a desert.”

She also urged Nigerians to be virtuous, citing the Jan. 20, 1961, inaugural address of USA 35th President, John F. Kennedy. My Fellow Citizens, ask not what your country can do for you – Ask what you can do for your country.

“My fellow citizens of the world, ask not what America will do for you but what together we can do for the freedom of Man.

“Let us all play our part to build a Nigeria we all want to see. Your sacrifice will never be in vain, ” she stated.

Education Minister Resolves Fed Polytechnic Ekowe Dispute, Fixes Resumption For Oct. 6

0

The Minister of Education, Dr Tunji Alausa has resolved the lingering labour dispute at the Federal Polytechnic, Ekowe in Southern Ijaw Local Government Area of Bayelsa.

The minister had summoned parties to the industrial dispute that left the Polytechnic located on the banks of River Nun in Bayelsa to shut down since July 11 to a mediatory meeting on Sept. 29.

It was learnt on Wednesday that after exhaustively listening to the workers’ representatives, management, Alausa fixed a resumption date of October 6.

Chairmen and Secretaries of the three unions in the polytechnic, the Rector and Governing Council Chairman attended the meeting held in Abuja.

The unions are Non Academic Staff Union, Senior Staff Association of Nigerian Polytechnics (SSANIP) and Academic Staff Union of Polytechnics (ASUP) in the polytechnic.

It was also gathered that the minister directed the governing council to set up a fresh panel to investigate sundry allegations levelled against the Rector by the unions.

The panel was mandated to report its findings in three weeks.

The meeting followed a joint petition to the minister over suspension of a governing council meeting to resolve the labour dispute on the grounds of insecurity.

The workers had in the petition submitted that the claim of insecurity was a ploy to avert pending probe of allegations against the Rector as there was no security threat in Bayelsa to warrant suspension when the council members were already in town for the meeting.

The unions had said that only the suspension, pending investigation of the Rector Dr Agbabiaka Lukman, will guarantee industrial harmony to the institution.

The workers had kept the institution under locks for alleged violation of the Polytechnic Act by the Rector who took the three unions to court over labour disputes whereas the governing council was statutorily mandated under the Act to handle labour-related matters.

When contacted for an update on the face-off, Mr Nimizuo Pereseigha, Public Relations Officer of the tertiary institution declined comments.

NARD Fixes Doctors’ Call Duty Duration at 24 Hours

0

The Nigerian Association of Resident Doctors (NARD) has directed its members to limit call duty to a maximum of 24 hours, with the directive taking effect from October 1, 2025.

NARD President, Dr. Muhammed Suleiman, said in an interview on Tuesday that the decision is aimed at reducing stress among doctors and improving the quality of healthcare delivery.

He noted that the deterioration in doctors’ health due to prolonged hours has affected service delivery and exposed medical practitioners to serious health risks.

“Members will no longer engage in call duty beyond 24 hours. Call rosters that exceed this limit are unsafe and could result in mistakes, collapse, or even death,” he warned.

Dr. Suleiman explained that the directive requires every 24-hour call to be followed by adequate rest. “NARD is charging members to reject rosters that schedule back-to-back 24-hour calls,” he added.

The association described excessive call schedules as “unsafe and unstable,” stressing that limiting call duty hours will give doctors time to rest, bond with their families, and attend to other aspects of their lives.

He recalled the case of a young doctor in Rivers State who reportedly died after being on duty for 72 hours. “Some accounts said he had malaria and was on medication, others said they did not know what happened. But after 72 hours on call, he decided to rest and never woke up,” Dr. Suleiman said.

He further noted that doctors’ duties go beyond calls, including attending to patients in the wards, administering medications, and managing clinics, which make excessively long duty hours even more burdensome.

By Miracle Chidinma Amaechi

Nigeria @65: Jonathan Urges Citizens to Keep Faith in Nation

0

In line with the celebration of Nigeria’s 65th Independence anniversary, former President Goodluck Jonathan has urged Nigerians to hold on to faith and optimism despite Nigeria’s prevailing challenges.

In a statement issued on Tuesday in Abuja by his Special Adviser, Mr. Okechukwu Eze, Jonathan remarked that the occasion calls for sober reflection on Nigeria’s growth, its trials, and the opportunities that lie ahead.

“Our cultural richness, our knowledge, and our wisdom have continued to distinguish Nigerians across every sphere of human endeavor, both at home and abroad,” he said.

The former president further called on citizens to let patriotism guide their actions, stressing the importance of unity and resilience.

“Let us hold firmly to optimism and faith, knowing that the greatness of our country is within reach if we remain united and steadfast. May our nation continue to rise in strength and purpose,” Jonathan added.

Jonathan’s message comes as Nigeria marks 65 years of independence, a milestone he described as not just a celebration of the nation’s past, but also a call to unity, resilience, and collective effort towards building a more prosperous future

By Miracle Chidinma Amaechi

Nigeria, Russia To Deepen Economic Ties

The Minister of State for Foreign Affairs, Amb. Bianca Odumegwu-Ojukwu, has reaffirmed Nigeria’s readiness to work closely with Russian and by extension the BRICS platform, to promote inclusive prosperity.
Odumegwu-Ojukwu, disclosed this in a statement issued on Wednesday by Dr Magnus Eze, Special Assistant on Communication and New Media, Office of the Minister of State for Foreign Affairs.
The statement was against the backdrop of a stakeholders’ interactive session during the visit of the Russian Chapter of the BRICS Women’s Business Alliance (WBA) at the State House Banquet Hall, Abuja.
According to her, Nigeria and Russia are poised to strengthen bilateral ties using the platform of the BRICS WBA.
Odumegwu-Ojukwu said, “Though, Nigeria and Russia share decades of friendship, cooperation, and solidarity cutting across education, defence, energy, technology, and multilateral diplomacy, the moment demanded they go beyond history and look boldly into the future.”

She stressed that President Bola Tinubu-led administration had charted new courses through the Renewed Hope Agenda and 4-Ds foreign policy approach; encompassing Democracy, Development, Demography, and Diaspora.

The minister lauded the First Lady, Senator Oluremi Tinubu, for hosting the event, calling her an excellent example of the transformative power of women in shaping societies and building bridges across nations.

While welcoming the Russian delegation, on behalf of the First Lady, she explained that its Chairperson, Ms. Anna Nesterova, decision to bring the BRICS WBA to Nigeria, affirmed her commitment to building inclusive economic partnerships.

This, according to her, underlines the central role women play in reshaping global business, diplomacy and investment for the 21st century.

“She has championed women’s empowerment programmes, education for the girl-child, and support systems that enable women to thrive in business, politics, and community development.

“Her leadership continues to inspire Nigerian women to break barriers, embrace innovation, and contribute more actively to national progress.

“It is most fitting that this session, in honour of the Russian Chapter of the BRICS WBA, is hosted under her distinguished guidance.

“Let me conclude by affirming Nigeria’s readiness to work closely with our Russian counterparts, and by extension the BRICS platform, to promote inclusive prosperity.

“We are confident the discussions here today will provide roadmap for stronger bilateral relations, deeper people-to-people connections, and new opportunities that will uplift the lives of our citizens,” she added.