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Dangote Partners German Govt On Youth Training To Address Skills Deficit

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L-R: Former VDMA (German Mechanical Engineering Industry Association) President and Initiator of the VDMA Initiative “Skilled Workers in Africa”, Dr. Reinhold Festge; Chairman, Aliko Dangote Foundation, Aliko Dangote; Lagos State Governor, Babajide Sanwo-Olu; and Deputy Governor of Kogi State, Edward David Onoja, at the Aliko Dangote Foundation-VDMA Technical Training Programme “tagged: Nigerian Industry meets German Engineering) launch in Lagos on Wednesday, June 2, 2021

The Aliko Dangote Foundation in partnership with Germany’s VDMA (the German Association for Mechanical and Plant Engineering) and its Foundation for Young Talent in Mechanical Engineering (NWS) have officially launched a technical training program in Nigeria, in a bid to significantly address the skill deficit in all the key sectors of the nation’s economy.

Speaking at the official launching of the programme on Wednesday, the president of Dangote Group, Aliko Dangote said that the landmark program is a Seven-million Euro investment, a large percentage of which is for the specialized, leading-edge equipment that has been shipped from Germany and installed in five workshops purpose-built for this program at Dangote Academy in Obajana. He also said the beneficiaries will be trained, using these machines, so they can learn practical skills that will be transferable as they enter the workforce.

This program, according to him, is the first of its kind in Nigeria and will be replicated in all the six geo-political zones of the country.

Noting that vocational and technical skills are vital to the well-being of any economy, as key levers for growth, specifically in the manufacturing sector, Dangote said significant skills gaps exist in Nigeria, which is what this program is seeking to address.

According to him: “The trainees that successfully pass through the full vocational training will be prepared as well-rounded professionals. In addition to the technical training, they will also get personal effectiveness training of same quality as our staff”

Germany’s minister for economic cooperation and development, Dr. Gerd Muller, lauded the Aliko Dangote Foundation and VDMA for the enviable program that can transform and develop the economy of Nigeria. He said his ministry has supported the initiative with €3.6 million and will not hesitate to do more for the purpose of the initiatives to be achieved.

The VDMA past president, Dr Reinhold Fostge stated that “I am very happy that this has become reality eventually in Nigeria. We started six years ago. Four years ago, we signed a memorandum of understanding to establish a Nigerian German training project. This program is to raise the skill level of workers and make the youth employable…our vision in VDMA is that, in the future, we should be able to exchange highly skilled professionals between Nigeria and Germany, and as a matter of fact, I have no objection to inviting Nigerian specialists to help me in Germany and vice versa”

Meanwhile, the Governor of Lagos State, Mr. Babajide Sanwo-Olu, enjoined both the Aliko Dangote Foundation and VDMA to consider citing the second training workshop in Lagos, with a promise to make funds available for the take-off of this laudable programme.

He said: I am truly excited to be part of this epoch and nation-changing event…for us in Lagos, I am happy to announce that we have six well maintained vocational training schools… but we are going to not just talk here today, we are going to be making a public commitment that given what I have listened to now, we are not going to leave this to Dangote Foundation alone, we have to upscale our commitment.

“We won’t wait for him to replicate this in the six geographical zones of the country. Lagos State will work with him and ask the VDMA what level of commitment is required from the state government…to ensure that in no distance future, we can replicate and bring a full arm of the Dangote academy to Lagos State…we do not want government bureaucracy to stall this, if it is to raise finance that is required, I can assure you that Lagos state is ready to that and why are we making this commitment?

“It is because of where we see Lagos… the amount of the teeming youth that we have in our country and our state. Lagos has continued to be the biggest economy in our country and even in Africa, and what this present to us is an opportunity to bridge that will help to significantly reduce the unemployment level in the state”

Congratulating the trainees, Dangote said: “I understand that we chose only 120 of you out of over 4,000 applicants. This means you are smart, you are the best and the brightest, we believe in you, and expect great things from you. I urge you to make use of this wonderful opportunity and become productive for the well-being of our country.”

He also promised that more youth will be admitted and very soon, all the six geo-political zones of the country will witness massive development through the scheme.

BIG STORY

NOVA Bank Achieves Global Cybersecurity Milestone With ISO 27032 Certification

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NOVA Bank has achieved a major milestone in its commitment to safeguarding customer data and digital operations by attaining the globally recognized ISO 27032 Cybersecurity Standard certification. This significant achievement positions NOVA Bank among the elite financial institutions in Nigeria with such a distinction.

The ISO 27032 certification focuses on fortifying cybersecurity measures, ensuring robust protection for data, systems, and online transactions amid an ever-evolving cyber threat landscape. In addition to this achievement, NOVA Bank is already certified in ISO 27001 for Information Security Management and BCMS 22301 for Business Continuity Management, further underscoring its dedication to operational excellence and security.

Speaking on the achievement, Acting Managing Director and CEO of NOVA Bank, Mrs. Chinwe Iloghalu, described the certification as a pivotal moment for the Bank and its customers.

“This certification underscores NOVA Bank’s unwavering dedication to maintaining the highest global standards in cybersecurity. As we continue to innovate with customer-centric retail products, cybersecurity remains at the heart of our operations. Our customers can rest assured that their data and transactions are protected by some of the most advanced security frameworks in the industry. Trust is built on security, and NOVA is committed to providing a secure, reliable, and innovative banking experience,” Mrs Iloghalu stated. The Bank’s Executive Director for Operations and Information Technology, Dr. David Isavwe, who also serves as the President and Chairman of the Board of Trustees for the Information Security Society of Africa, Nigeria (ISSAN), emphasized the broader implications of the certification.

“The ISO 27032 certification highlights NOVA Bank’s proactive approach to addressing cybersecurity challenges. It demonstrates our readiness to protect against evolving threats and our ability to adapt to the dynamic landscape of digital banking. This certification reinforces our commitment to delivering secure and uninterrupted services to our valued customers,” Dr. Isavwe remarked.

This milestone aligns with NOVA Bank’s overarching strategy of integrating cutting-edge technology with its trademarked Phygital model—seamlessly blending physical and digital banking experiences, while maintaining an unwavering focus on customer trust and satisfaction.

As the bank prepares to launch a series of innovative retail banking products, this certification highlights its dedication to prioritizing cybersecurity, ensuring a secure and seamless banking experience for all its customers.

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JUST IN: Customs Hands Over 21 Stolen Vehicles To Canadian Government

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The Nigerian Customs Service (NCS) has transferred 21 stolen “Sport Utility Vehicles” (SUVs) and other assorted vehicles to the Canadian Government, following their recovery from various locations across the country.

 

More to come…

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Former Kogi Governor Yahaya Bello Now In Our Custody — EFCC

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The Economic and Financial Crimes Commission (EFCC) has revealed that former Kogi State governor, Yahaya Bello, has been detained in the agency’s custody for allegedly misappropriating over N110 billion in public funds.

The EFCC stated that the former governor appeared at its headquarters after months of ignoring invitations and avoiding court summons related to fraud connected to his administration.

EFCC spokesperson, Dele Oyewale, on Tuesday said that Bello had been detained and would be questioned about the allegations against him.

According to reports, Bello responded to the EFCC’s invitation on Tuesday, arriving at the EFCC office with his lawyers, but without his successor, Governor Usman Ododo, who had reportedly been shielding him from arrest.

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