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Empowerment: 30 Host Community Youths Graduate From Dangote Electrical Training Programme [PHOTOS]

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… Ibese Plant donates solar-powered Borehole

No fewer than 30 youths from communities around Ibese in Ogun State have graduated from a training programme put together by Dangote Cement Plc, Ibese Plant as a way of transforming society and providing employment opportunities for the youths.

The empowerment programme which afforded the youths the opportunity to be trained on domestic electrical installation, wiring, and maintenance is aimed at accelerating the social and economic development of host communities and is in line with the United Nations Sustainable Development Goal.

In the same vein, the Cement plant commissioned a solar-powered Borehole in Abule Oke in Yewa North Local Government, Ogun State in fulfillment of its promises made to the communities during its Community Day celebration last December.

The youths were also presented with start-up tools for the immediate commencement of their vocation after the training which was put in place by the Ibese Plant in partnership with the Industrial Training Fund (ITF).

Addressing the beneficiaries at the closing ceremony of the programme, the Dangote Cement, Ibese Plant Director, Mr. Azad Nawabuddin, described the empowerment initiative as a demonstration of the Company’s commitment to the continued socio-economic development of the host communities in line with the Community Development Agreement signed in 2022.

According to him, the Company’s social development strategy “does not support giving people fish to eat but focuses on teaching people how to fish saying the Company was being proactive by engaging the communities members, especially the youths with so much energy and vigor. “Rather we empower them to be self-sufficient and self-reliant”.

Mr. Azad reeled out past empowerment initiatives of the Plant aimed at reducing unemployment gaps in the local communities and ultimately improving the standard of living, which include training in catering and event management, tailoring and fashion design, and Acutherapy, from which 275 indigent youths have so far benefitted.

He commended the beneficiaries for their determination and zeal to learn new skills to better their lives and urged them to apply the technical and entrepreneurial knowledge garnered during the training in building sustainable businesses while committing to the continued development of their skills and expertise in line with global trends.

The Deputy Area Manager, Industrial Training Fund Abeokuta Area Office, Mrs. Funmi Coker, commended Dangote Cement Plc Ibese Plant for devoting resources to develop the capacity of the Youths in relevant trade areas to make them useful for themselves and their immediate communities. She further appreciated the Company’s consistent collaboration to achieve the Nation’s training objectives, while charging other corporate bodies to follow suit.

Mr.Dayo Ogunyinka, the Vice Chairman of the Community Joint Consultative Committee also expressed delight for the Company’s annual empowerment initiative. He enjoined the beneficiaries to see the gesture as a life-changing opportunity with the capability to take them to the pinnacle of success and ensure that the starter packs received are used for the intended purpose.

One of the beneficiaries, Ms. Elegbede Ganiyat, from the Iboro host community appreciated Dangote Cement for considering it worthy to invest in the development of the youths and described her experience during the training as enriching and everlasting. She assured that the beneficiaries have been well prepared to carve a niche for themselves in the electrical services market in their locality and beyond.

Meanwhile, the Cement Company has handed over a multi-million naira solar-powered borehole to the people of Abule-Oke, a host community at a ceremony witnessed by the Olu of Imasayi, Oba Lukman Kuoye; the Baale of Abule Oke, Chief Ramoni Akinsanya other community leaders, youths, women and other indigenes.

Speaking during the hand-over, the Plant Director, Mr. Azad Nawabuddin emphasized the essentiality of water to the survival of humans and advised the community to make good use of the borehole facility and put up a framework to ensure its security, maintenance, and sustenance as their equity contribution to the project.

Olu of Imasayi commended the Management of Dangote Cement for “being the transformer illuminating the entire Yewaland’’ while acknowledging the commitment of the Company to improving the standard of living of people in its host communities. He charged the people of Abule Oke to ensure that the borehole facility is sustained such that coming generations can benefit from the project, as only the judicious use of the facility can encourage the Company to invest more in infrastructural developments in the community.

The people of Abule Oke were full of gratitude to the Company for the provision of the water facility, as expressed by the youth leader, Mr. Rafiu Akinola who declared that the intervention was timely and value-adding, especially considering the fact that it is powered by Solar thus saving the community of the cost of fueling and maintenance of the generator.

BIG STORY

BUSINESS: Investing In Davido’s Coin Highly Risky, SEC Warns Nigerians

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The public has been cautioned by the Securities and Exchange Commission (SEC) not to invest in the meme coin that is purportedly associated with popular Nigerian artist David Adedeji Adeleke, better known by his stage name Davido.

The commission made this known in a statement published on its website on Friday.

The SEC issued a warning, saying that users of the meme coin do so at their own risk.

“The general public is hereby advised that meme coins lack fundamental value and are purely speculative. The general public is further warned that investing in meme coins, including $Davido, is highly risky and should be done with a full understanding of the associated risk.

“Capital market operators are by this notice warned not to associate with instruments that fall outside the SEC’s regulatory purview. Such instruments should not in any manner be distributed or monitored through any capital market mechanism.

“Please note that the commission does not recognise $Davido as an investment product or investable asset class under its regulatory purview, as such individuals who patronize it, do so at their peril,” the statement read.

The SEC said it will keep a close watch on market developments and is ready to step in with regulatory action as needed.

The commission further explained, “Generally, meme coins are cryptocurrencies inspired by memes and internet jokes. They are often envisaged as fun, light-hearted cryptocurrencies promoted through a social media community and sometimes through celebrity endorsements.

“Meme coins are also not intended to serve as a medium of exchange accepted by the public as payment for goods and services, or as a digital representation of capital market products such as shares, debentures, units of collective investment schemes, derivatives contracts, commodities or other kinds of financial instruments or investments.”

The music star unveiled a meme coin called $Davido on Wednesday, May 29, 2024.

However, the meme coin has been widely criticised by Nigerians after its value nosedived just a day after its launch.

Social media was awash with disappointed investors and fans venting their frustration as the coin’s value plummeted, with many expressing their dismay and disillusionment.

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UPDATE: More Women Testify Against Perm Sec Accused Of Sexual Harassment, Union Levels Allegations Too

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The controversies and series of serious allegations surrounding the Permanent Secretary in the Ministry of Foreign Affairs, Ambassador Ibrahim Lamuwa, have taken a different dimension.

The Ministry’s labour union, the Joint Negotiating Council (JNC), is likewise incensed at the Permanent Secretary.

The union charged Lamuwa with financial irregularities, favouritism, bad management, and high-handedness, all of which had a negative impact on the rights and welfare of the employees.

In a June 11, 2024, petition to Ambassador Yusuf Tuggar, Minister of Foreign Affairs, the staff union charged that the Permanent Secretary was pushing all matters pertaining to employee welfare, benefits, training, and other related matters to the side.

They specifically highlighted the denial of various benefits the workers were entitled to, which had been a source of their discontent for months.

In the petition obtained by PRNigeria, the union listed and explained in detail the series of benefits that the workers were entitled to that Ambassador Lamuwa has been denying them for months.

They accused him of unduly and illegally favouring a certain category of people and victimising those who do not dance to his tunes in the area of posting, training and other benefits like Hajj seats.

Some of his alleged crimes as listed in the petition include delay in payment of some benefits, delay in promotion and conversion of staff, lack of transparency in posting, delay in payment of clothing allowance, discrimination in paying First 28 Days Allowance, lack of fairness in the distribution of the 2024 Hajj seats, inadequate posting of Batch B officers to foreign missions, poor sanitation and hygiene due to insufficient water supply, lack of work tools, dilapidated office buildings, refusal to pay the 25th regular course allowance for nine months, among others.

In the petition, signed by the Chairman and Assistant General Secretary of the JNC, Comrade Ali Seidu and Comrade S. E. Akpana, the union urged Ambassador Tuggar to look into their grievances and address the series of injustice allegedly done by the Permanent Secretary to avoid a drastic action by the workers.

They workers said: “Consequent upon the maladministration, dwindling level of productivity occasioned by the administrative leadership apathy in the ministry, the JNC has been engaging with the management thinking its solidarity with the authorities of the Ministry will yield positive results and prompt action on pending issues.

“Unfortunately, there was no corresponding improvement instead, the management has become worse, unreceptive and very harsh to everyone who dares to speak and ask questions. Victimisation, intimidation, and harassment has become a tool the management uses to shut critics while the staff of the Ministry continue to suffer.

“The staff of the Ministry are outraged by the egregious neglect, surreptitious administrative skullduggery, manipulations and commercialisation of the Ministry’s activities by the Permanent Secretary and his allies under the guise of rejuvenation. They have introduced harmful practices that threaten the very fabric of our Institution. We demand an immediate end to all their destructive policies and a return to the principles of fairness, equity and transparency. We call on the Honourable Minister to direct the authorities to investigate these grievances and take swift action.

“We the staff hereby give a 21-days ultimatum to the Management to immediately address the grievances outlined in our communiqué, failure to do so will be met with strong resistance.”

In his response, the Minister called for calm and promised to look into their grievances.

It would be recalled that the Permanent Secretary had been in the eye of the storm for days over allegations of sexual harassment levelled against him by a staff of the Ministry, Simisola Fajemirokun-Ajayi, who is said to be an aide to the Minister.

The lady wrote a petition to the Minister, through her lawyer, Femi Falana, which forced the latter to equally write to the Head of the Civil Service of the Federation, Dr. Folasade Yemi-Esan, to probe the allegation of sexual harassment against Lamuwa.

The Head of Service also set up a panel to investigate the allegations and suspended the Permanent Secretary pending the probe’s outcome.

Meanwhile, further investigations by PRNigeria showed that at least three more women have approached the probe panel to lodge similar allegations of sexual harassment against Ambassador Lamuwa.

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BIG STORY

Ghana Announces Three Weeks Of Power Cuts Over Reduced Gas From Nigeria

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Ghana’s state-owned electricity company has announced a three-week power outage due to reduced gas supply from Nigeria.

This has made the “dumsor” (a term that means “on and off”) electrical shortages that have been a problem for the country for years worse, according to BBC Africa.

Over the past 20 years, Ghana’s population and urbanisation have increased, and with them, so has the country’s need for power.

However, this growing demand has been hindered by the current gas supply reduction from Nigeria, which commenced on Wednesday and is attributed to maintenance works being conducted by a supplier.

This has resulted in a decline in power generation across the country, compelling the Electricity Company of Ghana (ECG) to initiate load shedding to effectively manage electricity distribution, as stated in a release on Thursday.

“The reduction in gas supply is due to maintenance works being undertaken by a gas supplier in Nigeria and is projected to last three weeks,” it added.

On Wednesday, West African Gas Pipeline Company Limited (WAPCo) revealed that it was experiencing a decline in the volume of gas available for transportation as a result of one of its producers in Nigeria shutting down its facility for maintenance.

This reduction in gas availability has had a knock-on effect on customers in Togo, Benin, and Ghana, who are experiencing decreased gas supplies transported by WAPCo.

“The current situation is entirely out of WAPCo’s control,” the regional power utility added.

“We expect normalcy to return after the maintenance activities.”

ECG has assured the public that it is working collaboratively with other key stakeholders in the power sector to make the most of available resources, thereby minimizing the impact on consumers during the gas shortage period.

It comes barely two months after President Nana Akufo-Addo curtailed the export of electricity to neighbouring Togo, Burkina Faso and Benin in response to local supply challenges.

In recent years, power shortages have worsened as the country grapples with its worst economic crisis in a decade.

Private electricity suppliers are owed $1.6bn (£1.3bn) by the state power company, according to Elikplim Kwabla Apetogbor, the head of the organisation representing them.

Ghana, a leading producer of gold and cocoa, has increasingly relied on gas for electricity generation in recent years.

Despite having hydro and thermal sources, which provide much of its electricity, the country’s infrastructure is often inadequately maintained.

Last July, threats were made by private electricity suppliers to halt operations due to unpaid arrears, highlighting the challenges facing Ghana’s energy sector.

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