Africa Prudential Plc, a leading share registration and investor services firm has partnered with the International Co-operative Alliance-Africa (ICA) to deploy technology solutions for a more efficient administration of co-operatives and thrift societies across Africa.
The commitment was made public at the 12th African Ministerial Co-operative Conference which was held on October 2 to 5, 2018 in Abuja, Nigeria.
The theme for this year’s conference centred on leveraging the recently signed African Continent Free Trade Area (AfCFTA) Agreement. According to the World Co-operative Monitor, the Co-operative bodies provide jobs to the 10 percent of the World’s employed population and generate a towering USD2.1 trillion annual gross turn-over.
Chairman of Africa Prudential Plc, Chief (Mrs.) Eniola Fadayomi, while addressing dignitaries at the conference, noted that Africans need to take the lead in solving the continent’s problem through greater collaborations among countries and the Co-operative Movement. She emphasised that among other benefits, the AfCFTA will create opportunities for greater bargaining power and employment creation on the continent; ultimately reducing the vulnerability of Africa to global shocks. “When we consider the current contribution of the Co-operative sector to economic development in the respective countries on the continent, its role in actualising the objectives of the AfCFTA becomes even more prominent”, she noted.
The Managing Director/CEO of Africa Prudential Plc, Mr. Obong Idiong also noted in his recommendations on technology inclusion in cooperative management, that the company has long recognised the strategic relevance of Cooperatives to economic development across Africa, and that it has been partnering both with Alliance-Africa, and the Co-operative Federation of Nigeria (CFN). “We currently have more than 500,000 cooperators activated on our cooperative manager solution—EasyCoop—which offers end-to-end financial management and member administration, and with a capacity for over 10,000,000 unique users” he explained.
While delivering his Keynote Address, Nigeria’s Vice President, Professor Yemi Osinbajo, who was represented by the Honourable Minister of Agriculture and Rural Development, Chief Audu Ogbeh confirmed that Cooperatives hold a strategic responsibility in the implementation of the county’s Economic Recovery and Growth Plan.
Reps Approve June 12 As New Democracy Day
House of Representatives on Thursday considered and passed a bill seeking to confer legal status on June 12 as Nigeria’s new Democracy from the known May 29.
It will be recalled that President Muhammadu Buhari had in May this year conferred a posthumous award on Alhaji MKO Abiola, the acclaimed winner of June 12, 1993 presidential election upon which the new Democracy Day and also proposed the day as such.
Titled “A Bill for an Act to Amend the Public the Public Holidays Act, Cap. P40 Laws of the Federation of Nigeria, 2004 to bring the Act in tandem with the current realities and exigencies of the modern times and to declare June 12 as Democracy Day in Nigeria and for Related Matters (HBs.918 and 1529)”, the bill was sponsored by Hon. Edward Gyang Pwajok and Hon. Kayode Oladele.
Photos As Fayose Escapes Unhurt After Crash With G-Wagon On Third Mainland Bridge
Former Governor of Ekiti State, Ayodele Fayose, has escaped unhurt after his G-Wagon Mercedes Benz was involved in an accident on the Third Mainland Bridge in Lagos.
The involvement of the ex-governor in the accident was made known by his media aide, Lere Olayinka, on his Facebook page on Wednesday.
Olayinka wrote in the early hours of Wednesday: “Immediate past Governor of Ekiti State, Mr Ayodele Fayose was involved in auto accident on 3rd Mainland Bridge in Lagos few minutes ago.
“He is in stable condition as I write while he is receiving medical attention.”
About an hour after the first information was provided, Olayinka again wrote: “I am happy to inform members of the public that former Governor Ayodele Fayose is now fairly okay.
“The former governor thanked God for limiting the impact of the accident, particularly on occupants of the vehicle.
“As the Southwest Coordinator of the Atiku Presidential Campaign, who is committed to the task of enthroning a PDP government in 2019, Fayose has insisted on coming to Ibadan today, to prepare for tomorrow’s campaign rally and he is on his way to the ancient city.
“Thank you all.”
REDTV Rave Is The Official Headliner Gig Of 2018
The much anticipated and talked about REDTVrave3 finally rocked Lagos on Saturday, the first day of December. The online lifestyle network owned by the United Bank for Africa Group is one that is fast becoming a leader when you refer to lifestyle brands.
The REDTV rave which was attended by over 3500 youths in Lagos was one that is bound to be talked about throughout this festive season. It was a great opener for 2018 Christmas season of events in the very busy Lagos social calendar and it was lit!
With bright lights, bass echoing through the speakers and the Lagos party crowd lined up, the REDTV RAVE3 had all the checks of a perfect party.
As people trooped in, the lights shone brightly revealing classy décor, super branding and a finesse of UBA’s lifestyle brand in its element. Our favourite faces were in the house. From popular bloggers, media and pop culture influencers and vloggers, the scene electrified the youths who danced as though they had been waiting just to let go of every care in the world.
This party which has become the Christmas season opener to rival, started with the combo of Ajebutter 22, BOJ, SDC and Mologo. LADIPOE came in to surprise fans as he joined his friends on stage saying ‘ I was round the corner and heard about this hot event and I just had to pop in’.
After the DRB boys left the stage, Burna Boy sauntered into a wild crowd. Burna is the darling of this year and at his first outing this season, he brought over 3500 youths to a standstill. They were not disappointed by his performance and were still energized when Olamide came to shake the venue with his famous songs that had everyone screaming and jumping for joy.
DJ Sparrow, Bollylomo and SHODY the turn up king, all took turns to entertain the excited youths throughout the night of thrills.
The Chairman of UBA Group, Mr Tony Elumelu was in the crowd mingling with the youths and having a blast as were the bank’s CEO, Kennedy Uzoka and DMD, Victor Osadolor.
REDTV is an online lifestyle network that has brought you hit series like Our Best friend’s wedding, Inspector K and now, The Men’s Club. Its annual rave, the REDTV rave, has become a huge attraction on the Lagos party scene.
BIG STORY22 hours ago
Fuel Crisis Looms as Marketers Order Depots’ Shutdown
FASHION22 hours ago
Uncategorized23 hours ago
Ladies of the Order of Knights of St. Mulumba, provides medical service equipment to aid healthcare delivery in Lagos State”
BIG STORY21 hours ago
A’Ibom 2019: Plot To Tag Gov Udom’s Aides As cultists Thickens