Where Nigeria Is Heading In The Next 10 Years – Osinbajo

The Federal Government’s vision for Nigeria in the next 10 years and more is to transform the economy into an industrialized one with a strong middle class and a place where the majority of the people are living above the poverty line, according to Vice President Yemi Osinbajo, SAN.

Prof. Osinbajo stated this at a Dinner and Interactive Session with some visiting Faculty Members from the Harvard Business School (HBS) led by Prof. Srikant Datar, a Professor of Business Administration, alongside a select group of Nigerian business executives, on Tuesday evening in Lagos.

The Vice President featured alongside Srikant Datar and Mr. Bayo Ogunlesi, a Nigerian Investment banker in the United States of America, in a panel discussion moderated by Mr. Hakeem Belo- Osagie, Chairman of Metis Capital Partners and addressed several issues on power, the economy and climate change, amongst others.

According to the Vice President, “I will like to see Nigeria become an industrialized nation in the next 10 years; with a very strong middle class and most people living above poverty line. Our policies and programmes are directed at achieving this objective.”

He said the Federal Government had put in place measures that will kick-start the industrialization drive of the country, citing the example of the creation of Special Economic Zones (SEZ) and small manufacturing clusters across the country as some of the steps taken by government.

He said “practically everything we are doing is to ensure that there is a conducive environment for businesses to thrive.

“The Federal Government is looking at natural economic clusters. We have done a lot of work in five of them, we are looking at 23 others, and we have already set up shared facilities in designated locations to address some of the concerns in production.

“What we plan for the Special Economic Zones is also unique and geared towards that drive to industrialize our economy.”

Speaking on efforts to alleviate poverty, the Vice President said it is being addressed by government.

When asked what keeps him up at night, Prof. Osinbajo said it is the problem of “extreme poverty; the issue is that the largest number of those who vote for us are the very poor.

“The promises that government makes to them is that their lives will be better and obviously they are looking at their lives being better in the shortest possible time.”

He explained that a number of government policies and programmes were focused on people at the bottom of the pyramid, especially in agriculture and trade, and getting credit facilities to people in order to enable them improve in whatever they are doing.

He said that many farmers had been lifted out of poverty as a result of some of the initiatives, adding nonetheless that the scale needs to be improved.

According to him, “First, the focus of our government was on agriculture which has the potential to take many out of poverty. We are supporting farmers operating through the out-grower programme and our focus is to attain sufficiency in Rice, Sorghum and Millet production.

“A lot of attention has also been given to the Social Investment Programmes (SIPs) which factored the provision of cheap credit to petty traders—at the bottom of the pyramid. We have given out cheap credits through our TraderMoni and MarketMoni initiatives and this has also proven to be largely successful.”

On Power, the Vice President said the government is committed to finding lasting solutions to issues militating against the improvements that ought to have been witnessed in the sector.

“The issues are enormous but what we really need to do is to re-write regulations and encourage more people to invest in the sector.

“In the next few months, we will unveil a plan that deals with most of the critical issues in the power sector,’’ he said.

Addressing concerns raised about climate change, Prof Osinbajo said Nigeria would not act differently as “the momentum, globally, is in favour of renewable energy and recycling”.

He cited examples of what the Federal Government in partnership with the private sector have so far done, through the solar power programme in selected markets in Kano, Abia and Lagos States as well as the Federal Government Green Bond Initiative.

On improving trade among countries in Africa, the Vice President said Intra-African trade is important and is “the way to go” but that there is the need to address concerns around dumping and protection of local manufacturers, amongst others before the endorsement of any agreements.

Addressing the issue of brain drain and efforts to curb it, the Vice President expressed optimism that the steps being taken by government to improve the business environment in Nigeria will address the menace.

According to him, “As people see that the environment is getting better for business, they will come back, the opportunities for making huge profits are here.”

He also noted that Nigeria was open to business as it has a lot of potential and urged Nigerian investors abroad to look homewards.

“If you are going to do business anywhere in Africa, it has to be Nigeria. This is where you have the energy, you have the drive.

“We are already seeing that kind of activity, business people will always be driven by profit,” Prof. Osinbajo added.

On his part, Datar said he was particularly proud of Osinbajo as an academic in governance, stressing that academics do well in governance.

He pledged HBS’s readiness in providing needed support for human capital development in Nigeria and proffering solutions to tackling Nigeria’s infrastructure challenge.

Also speaking at the event, Ogunlesi said that the era of depending on government for infrastructure was gone, adding the Federal Government had no business running infrastructure in Nigeria, especially the airports.

In a vote of thanks, Emir of Kano, Muhammadu Sanusi II, regretted the high poverty rate in Nigeria especially in the North West and called for urgent action to address it, advocating for a committee on girl-child education to be set up to address issues surrounding early marriage and family planning.

The event also attracted Lagos State Governor, Mr. Babajide Sanwo-Olu, the US Ambassador to Nigeria, Mr. Stuart Symington, immediate past Minister of Trade and Investment, Dr. Okechukwu Enelamah, immediate past Minister of Budget and National Planning, Senator Udo Udoma amongst others.

Laolu Akande
Senior Special Assistant to the President on Media and Publicity
Office of the Vice President
19th June 2019

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Presidency Welcomes IRI/NDI Report On 2019 Elections With Reservations

The Presidency welcomes, with reservations, the joint report of the International Republic Institute (IRI) and the National Democratic Institute (NDI) on the 2019 general elections in Nigeria and recommendations for the 2023 general elections.

It is instructive that President Buhari clearly won this vote and the report in no way disputes that fundamental fact.

President Buhari won by almost 4 million majority, with a 14% margin.

However, the most important thing in an election is that it reflects the will of the people which in our circumstances was acknowledged to have been a success by ECOWAS Observer Mission and YIAGA AFRICA whose parallel vote tabulation verified INEC’s presidential election result as announced. This we achieved.

We have developed a tradition of improvements in our electoral process through enforcement of our electoral law which resulted in the prosecution and conviction of electoral officers that were found wanting in compromising our electoral process.

We, however, agree notwithstanding, that there are improvements that must be made in the process for the future. The sheer size, terrain and remoteness of certain regions do pose serious logistical challenges.

They also pose a problem for electoral observers: across a country of over 190 million, only 40 observers were deployed to observe just 16 states + the Federal Capital Territory (Nigeria has 36 states).

It was unfortunate that the election was postponed yet imagine if the Independent National Electoral Commission (INEC) had gone ahead unprepared. The delay undoubtedly resulted in a lower turnout.

Because they are registered to vote in their place of birth, and not where they live, many Nigerians could not make arrangements to travel back again.

But the fact still remains that major democracies of the world have equally recorded worst turnout in modern history.

The effect of voter turnout, at any rate, is a two-way traffic that affected both sides equally.

To pretend otherwise is wrong considering that in 2015, the INEC postponed the election by six weeks under a PDP President, whom – as an incumbent – it was said to help at the time. It didn’t make a difference. Similarly, neither did it aid the sitting President in 2019.

It is amazing that the electoral observers recommended that electoral laws are enforced, and perpetrators of crimes punished and at the same time implicitly criticise the removal of the Chief Justice of Nigeria for failing to disclose his assets as required by law. Which would they prefer?

The law is a matter of principle that takes its course regardless of time and circumstances. It is never a matter of convenience and indeed remains functional, operational and enforceable without due regard to the electioneering process.

As we have already said, we are committed to reviewing our electoral laws and processes, like every democracy across the world should.

We intend to build on the innovations of this election that facilitate inclusiveness and participation, such as providing braille for blind people to cast their votes among other innovations.

This election was won by the candidate who received the most votes. We value the report’s recommendations. We can assure they shall be assessed and evaluated.

Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
June 18, 2019

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UBA Foundation Celebrates International Day Of The African Child, With Special Reading, Mentoring Sessions

UBA Foundation, the corporate social responsibility arm of United Bank for Africa (UBA) Plc, on Monday, joined the rest of the world to celebrate the International Day of the African Child.

The day which has been set aside by the United Nations to celebrate children in Africa, recognises the courage of students who marched for their right to better education in Soweto South Africa, and is marked annually on June 16th.

UBA Foundation brought together students from various secondary schools in Lagos to the Tony Elumelu Amphitheatre in the UBA Head Office, where they were educated on various issues, ranging from financial literacy, importance of reading culture and nation building.

Some schools which were represented at the event included Akande Dahunsi Memorial High School, Lagos; Government Senior College, Maroko, Aunty Ayo International School Ikoyi and Wahab Folawiyo Senior High School, Ikoyi.

UBA’s Group Head, Human Resources, Mrs Patricia Aderibigbe who welcomed the students, said that UBA Foundation centres on three key pillars: Education, Empowerment and Environment.

Throwing more light on this, she explained that the bank, through its foundation, recognises the huge role that education and indeed a good reading culture has to play in the lives of the youth.

She said, “The UBA Foundation is committed to impacting the lives of the African youth across the continent. As a pan-African institution, we believe that the future of Africa lies in her youth. For this reason, UBA Foundation is actively involved in facilitating educational projects and bridging the literacy-wide gap on a pan-African scale.

“The UBA Foundation is helping rekindle the dwindling reading and literacy culture amongst African youths as they pursue their education. Over time we have worked with various schools and educational institutions across the continent to ensure that the UBA Foundation continues to traverse the continent, contributing positively to the development of African youth, especially in the area of education,” she added.

She explained that the bank through its foundation, aims to make sustainable improvements in the lives of the needy and under-privileged by supporting entrepreneurship programmes, such as social entrepreneurship schemes which benefit the community at large.

On his part, the Chief Credit Officer, UBA Africa, Mr. Franklin Erebor, who spoke briefly on financial literacy and the need to plan for the future, told the pupils that it is important for them to manage their funds and finances.

He said, “You are not too young to start to plan for the future, as what you do now when you are young will impact greatly on you later in live. So it is essential that you have an account which should be well monitored to ensure that it fulfils the purpose.

“You need to be financially literate, as this will help to open your eyes to the opportunities inherent and help you make wise decisions to benefit from the investments,” Erebor said.

The UBA top officials had a brief reading session where they read to the students and engaged them in reading a number of passages from select reading materials.

As a Pan African Institution, UBA is in the forefront of promoting Africa and African values, especially in the areas of economic development for the continent.

Recently, the bank also held its UBA Conversations, an annual event commemorating the Africa Day, where African icons contributed to discussions around changing the African narrative and growing the continent.

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Men Must Honour Women, Treat Them As Equals, Says Vice President Osinbajo

The responsibility of fatherhood in families and society is very crucial in setting good examples for future generations, as it would guide them in the right path to lead exemplary lives, according to Vice President Yemi Osinbajo, SAN.

Prof. Osinbajo stated this on Sunday after a special Father’s Day service at the Aso Villa Chapel, Abuja.

On the Next Level agenda of the Buhari administration, the VP said power and infrastructure would improve, and there will be progress in the economy, security, and in the fight against corruption.

Speaking to the press, the Vice President wished every father in the country a Happy Father’s Day.

While noting that men should honour and love their wives and recognize their roles as partners, not just in families but in society, he said that it was equally important for them to teach young men to also honour and respect all women.

The Vice President said, “Fathers, as you know, have very important role to play in any human society or setting. I think it was (former US) President Barack Obama who said that it’s not the ability to father a child, or the ability to have a child that makes you a father, it is the courage to raise one. That’s really what makes you a father.

“I think that the responsibility of fatherhood is absolutely immense, whether one is a biological father to children or one who wants to take care of other children. All of us have a role to play, not just in the lives of our children, but so many others; those who have no fathers, even some who have fathers; to whom we have a responsibility to set examples to lead exemplary lives. And to bring them up, as the scriptures says, in the way of the Lord.

“So, the responsibility of the father is incredible indeed. One of the most important things is to teach our young men growing up that they must honour women, not just their wives. Of course, you must honour and love your wife, but I think it is also very important that we honour women. We shouldn’t treat them as subordinates; they are not. They are created equal to men. But most importantly, we must honour them and recognize their roles as partners, not just in families, but in society as well.”

Also present at the Father’s Day service at the Aso Villa Chapel were the Secretary to the Government of the Federation, Boss Mustapha; Deputy Senate President, Ovie Omo-Agege; other senior government officials and private sector chieftains, including the President/Chief Executive Officer, Coscharis Group of Companies, Dr. Cosmas Maduka.


Laolu Akande
Senior Special Assistant to the President on Media and Publicity
Office of the Vice President
16th June, 2019

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Presidency Welcomes EU And Other Suggestions On Improving Elections In Nigeria

The Presidency has welcomed the report of the European Union (EU) on the 2019 general elections in Nigeria, promising to analyse it fully and act on the recommendations.

The Presidency notes that the EU observers had been invited to the country by the Independent National Electoral Commission (INEC), and welcomed by the government of President Muhammadu Buhari.

This was a clear indication of the administration’s good intentions, commitment to a pure democratic process, and desire to improve for the next elections.

The EU noted in their report that there were marked improvements from previous elections, although stating that more work needed to be done.

The administration of President Buhari will work with all Nigerian citizens, state institutions, parties, civil society, the media and other experts to make sure that the improvements recommended by the EU are implemented, and that these areas of concern are addressed.

It is noteworthy that INEC is in receipt of a number of recommendations that form a part of the EU report.

The Presidency assures that the Commission is in safe hands and happy that they are currently engaged in root and branch reviews of the 2019 general elections and will input lessons learned into its recommendations for electoral and constitutional reforms.

We believe that the commission conducted a good election and will continue to improve on its processes and procedures.

While it is regretted that the elections in a few parts of the country witnessed some violence, among other shortcomings highlighted by the EU, we note however that none of these hitches affected the overall outcome of the elections.

Thankfully, EU did not question the results of the presidential election.

This is further proof that the polls reflected the overall will of Nigerians, and that the world is solidly behind the election of President Buhari for a second term.

Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
June 15, 2019

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Oscar Obi Foundation Gives Out Scholarship To Abuja Girl Child

A Non-Governmental Organization, Oscar Obi Youth and Children Literacy Foundation, has given one out-of-school girl child, Deborah Amos, full scholarships to go back to school and also gave out educational materials such as school bag, sandal, writing materials, and among others, to aid her learning.

The gesture, which was witnessed by Principal and teachers of L.E.A Primary school in Kubwa, Bwari Area Council of Federal Capital Territory, Abuja, was in accordance with the Sustainable Development Goals (SDGs) Four (4) on ensuring “inclusive and equitable quality education and promote lifelong learning opportunities for all.”

Recounting his encounter with Deborah, Chief Executive Officer of the foundation, Barrister Oscar Obi said: “I was driving through Gado Nasko road in Kubwa when I saw her playing with her peers in school uniform. I observed she wasn’t wearing one and has no sandal on her.

“I got off the car and walked up to inquire why she wasn’t in school uniform. After my enquiries, I got to know that she has never been to school at all because her family could not afford to send her to school.

“I then requested to meet with her family and she took me to her Uncle, Mr. Simon Joseph, who is also her guardian and gateman with one hospital in Kubwa.

“After a brief introduction and discussion with Mr. Joseph, he was glad at our decision to offer Deborah a full scholarship to cover both her primary and secondary education, including school materials and uniforms.”

Mr. Joseph, who expressed appreciation to the organization, said they have helped Deborah Amos, secure a bright future by sending her to school.

Also, Barrister Obi, in his remarks, stressed that the foundation was established to provide education opportunities for the less privileged.

His words: “The foundation has been in existence with many beneficiaries who cuts across tribes and religions.

“We want to see how we can help out-of-school children to achieve their dreams so that those who want to become doctors will still become doctors and those who want to become engineers will still become engineers.”

Barrister Obi further urged other well-meaning individuals to look around their immediate environment and see kids they can take off streets

“In our today’s society, aside efforts of the government, there are actually loads we can do as individuals to assist these innocent kids, from less privileged backgrounds achieve their life goals.

“Deborah is not among those ‘professional beggars’ that will never want to leave the trade. She’s a little girl so desirous to acquire knowledge. Many of her likes exist in our immediate environments. Please let us discover them and touch their lives,” Oscar said.

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APC Youth Forum Commends Senator Goje, Praises His Sense Of Patriotism

The All Progressives Youth Forum commends the exemplary and matured decision of Senator Danjuma Goje to back Senator Ahmed Lawan for the Senate Presidency position. The Forum notes that the action of Senator Goje depicts his unquantifiable commitment to the progress of the country, reason why it was easy for him to subsume his ambition to the larger interest of the party.

For the sake of unity and abiding desire for cohesiveness within the party and the government, Senator Goje made a sacrifice that would no doubt pass as a reference point and of course a lesson to all future politicians whose patriotic desire for the stability of our country is more dear to them than the attainment of a personal ambition. For this singular act, we commend Senator Goje and celebrate his principled passion for the betterment of Nigeria.

Having now increase the chances of our party-backed candidate to emerge the Senate President of the ninth Assembly, it is our prayer that majority of members, either APC or PDP, would see the need to eschew politics and promote the much needed unity in the collective interest of Nigeria and Nigerians.

It’s our hope that the sacrifice of Senator Goje would spur other members to also place the interest of the country above personal or group interest; and to use the opportunity provided by a new beginning which the ninth National assembly represents to advance the progress of Nigeria in line with the objectives of the current government under President Muhammadu Buhari.

Signed:

Ife Adebayo
APYF National Chairman

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Presidency Issues Directive To Clear Apapa Port Congestion Within 2 Weeks

A Presidential directive has been issued for the immediate clearing up of the Apapa gridlock and the restoration of law and order to Apapa and its environs within 2 weeks. The directive mandates the immediate removal of all trucks from the bridges and roads within Apapa and all adjoining streets leading into the Apapa axis.

To facilitate this important assignment, operators of trucks and tankers have also been directed to vacate the Port Access Roads within the next 72 hours.

This directive follows an emergency meeting convened by President Muhammadu Buhari and chaired by Vice President Yemi Osinbajo, SAN, on the 25th of April, 2019. The meeting proffered lasting solutions to the gridlock around the Lagos Ports, as the traffic congestion has continued to restrict all operations and livelihood in the area.

At the meeting were key heads and representatives of relevant Ministries, Departments and Agencies (MDAs) of government, including the Honourable Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola; Inspector General of Police, Mr. Mohammed Adamu; representative of the Chief of Naval Staff, Rear Admiral B.E.E Ibe-Enwo; Permanent Secretary, Lagos State Ministry of Transportation, Dr. Salaam Taiwo Olufemi; and the Executive Director, Marine and Operations, Nigerian Ports Authority (NPA), Dr. Sokonte Davies, among others.

Consequently, a Presidential Taskforce, chaired by Vice President Osinbajo was established to restore law and order to the area within 2 weeks. The Taskforce, which will report directly to the President, has included on its Terms of Reference the development of an efficient and effective management plan for the entire port area traffic, including the cargo, fuel distribution and business district traffic; enforcing the permanent removal of all stationary trucks on the highway, and the development of an effective manual truck call-up system, pending the introduction of the electronic truck call-up system. It also includes the implementation of a workable Empty Container Return and Export Container Truck Handling Policy, amongst others.

Members of the taskforce include Mr. Kayode Opeifa, former Commissioner of Transport in Lagos State, as the Executive Vice Chairman; a representative of the Presidential Enabling Business Environment Council (PEBEC); the Nigerian Ports Authority (NPA); and the Nigerian Shippers’ Council (NSC).

Other members include a special unit of the Nigeria Police Force led by a Commissioner of Police, representatives of the Truck Transport Union, the Lagos State Government through the Lagos State Traffic Management Authority (LASTMA), and other relevant MDAs.

The Nigerian Navy and all other military formations have also been mandated to withdraw from traffic management duties in and around the Apapa axis, while military and paramilitary checkpoints in front of the ports and environs are to be dismantled.

In addition, LASTMA has been authorised to move into Apapa as the lead traffic management agency, while the NPA is to commence the immediate use of the Lilypond Terminal and Trailer Park A as a truck transit park. The directive further mandates compliance by all security personnel and MDAs, while heads of the Nigerian Ports Authority, Nigeria Customs Service, Federal Ministry of Power, Works and Housing, and all other security operatives are to ensure their officers’ adherence to the new directives.

Laolu Akande
Senior Special Assistant to the President on Media and Publicity
Office of the Vice President
22nd May 2019

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Biodiversity-Key to Healthy Societies, Says HOMEF

The ecological Think Tank, Health of Mother Earth Foundation (HOMEF) in a statement which was made available to the media on 21 May 2019, to mark the International Day of Biodiversity called for concerted efforts towards the preservation of biodiversity and towards addressing processes which pose as threat to it.

HOMEF stated that “Biodiversity plays a crucial role in ecosystem functioning; provision of goods and services which are essential to human health and well-being; formation and preservation of culture and adaptability. Food production systems depend on the diversity of organisms, such as primary producers, herbivores, carnivores, decomposers, pollinators, pathogens, natural enemies of pests etc”.

The Director of HOMEF, Nnimmo Bassey in the statement, regretted that policy makers are at ease while  biodiversity is being eroded at an alarming rate thus posing fundamental risks to the health and stability of ecosystems.

Bassey stated: “The increased use of insecticides and herbicides on farmlands and the genetic engineering of crops to be insecticides themselves, kill intended and unintended insects and poses severe threat to biodiversity. Pollination which is an important mechanism in the maintenance and promotion of biodiversity and is critical for food production, is threatened by the use of genetically modified insect resistant crops, intensive agricultural practices, pesticides, invasive alien species and climate change. More concerns are added as humans have advanced to the point when extinction is being engineered in the laboratory by a technology known as gene drives”.

Joyce Ebebeinwe, HOMEF’s project officer on Biosafety added that a dependence of global food production system on the few genetically uniform varieties of plants, entrenched in a monoculture system,  is dangerous for the conservation of biodiversity and healthy living. Noting the interconnectedness of species  and their collective effect on food systems, she lamented that humans are increasingly forgetting the fact that we are all beings sharing the same planet.

The statement made reference to the recent report by the United Nation’s Inter-Governmental Panel on Biodiversity and Ecosystem Services (IPBES) which warns that one million species are at risk of extinction and advises that “in order to safeguard a healthy planet, society needs to shift from a sole focus on chasing economic growth to basing their economies on an understanding that nature is the foundation for development. …shifting to nature-based planning can help provide a better quality of life with far less impact.”

The IPBES report also shows that nature managed by indigenous peoples and local communities is in generally better health than nature managed by national or corporate institutions, despite increasing pressures.

HOMEF concluded the statement by calling on the Nigerian government and other African governments to put a halt to the threats to biodiversity posed by genetic engineering of living organisms  and rather make investment in nature-centred approaches to agricultural productivity and promote of indigenous knowledge, cultures and biodiversity preservation.

For further information, please contact Joyce Ebebeinwe at 09069756927

Joyce EbebeinweProject Officer, Health of Mother Earth Foundation.214, Uselu Lagos Rd., Ugbowo, Benin City.

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President Buhari’s 2nd Term Inauguration Will Be A Low-Key Affair

President Muhammadu Buhari’s inauguration for a second term on May 29,
2019, will be a low-key affair, as a number of the events slated for
the inauguration will now be held during the first observance of June
12 as the National Democracy Day

The decision to have a low-key inauguration for the President was taken at the meeting
of the Federal Executive Council (FEC) on Wednesday, 8 May 2019.

However, invitations have been sent to all world leaders
to attend the ceremonies marking the observance of the Democracy Day
on June 12.

Since the first observance of June 12 as Democracy Day falls into an
election year, and as a measure to sustain June 12 as Democracy Day,
the celebration of the inauguration and the advancement of democracy
in the country will now take place on June 12. The country can ill-afford two major celebrations within a
two-week interval.

Details of the events slated for the two ceremonies will
be unveiled at a world press conference slated for May 20th in Abuja

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Musa Halilu Ahmed Foundation Donates Educational Materials To Government Model Secondary School Daura

In a bid to promote educational excellence in Nigeria and propel the nation towards achieving the Sustainable Development Goal 4(Quality Education), Musa Halilu Ahmed Foundation founded by the Dujima Adamawa Alhaji Musa Halilu Ahmed; empowered no fewer than 2000 pupils and 30 teachers of  Government Model Secondary School Daura, Katsina state.

The foundation known for its charitable drive across the country in areas of education, youth development and poverty alleviation/wealth creation empowered students of Government Model Secondary School Daura with writing materials such as school uniforms, bags, exercise books, textbooks, pen; as well as equipped the school with dozens of stationeries, public address system amongst others to boost educational/administrative activities of the teachers.

The altruistic act is borne out of the passion to reduce the current high number of out-of-school children in Nigeria estimated at 13.5 million by UNICEF, and to combat the menace of illiteracy in Nigeria. The foundation have it as part of their 2019 goals to send 50 thousand out of school children back to school and provide over 200 scholarships to those willing to acquire higher education. 

“We recognise it is a big task to provide quality education for every Nigerian due to the limited allocation towards education, as such public school students and schools lack access to essential educational resources. We are optimistic that this programme will help to bridge knowledge inequality by providing undeserving students; as well as public schools access to learning resources that aid academic excellence and enable teachers to discharge their obligatory duties seamlessly” the Founder Alhaji Musa Halilu Ahmed; said in a statement delivered during the course of the ceremony.

Musa Halilu Ahmed foundation calls on well-meaning Nigerians home and abroad to contribute their quota towards nation building and investing in the education of the future leaders of Nigeria. Investment in education equips children with knowledge and confidence, with which they will grow up to live responsible and productive lives.

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FG, NSE Collaboration Useful, Says Vice President Osinbajo

The Federal Government will welcome collaboration with the Nigerian Stock Exchange (NSE) in key aspects of improving the economy including the Ease of Doing Business, the privatization of public enterprises, amongst others, according to Vice President Yemi Osinbajo, SAN.

Prof. Osinbajo stated this in Abuja today when a delegation from the Nigerian Stock Exchange led by the Chief Executive Officer, Mr Oscar Onyeama, paid him a courtesy visit at the Presidential Villa.

The Vice President said the proposed NSE collaboration with the Federal Government important programmes of the Buhari administration would enhance service delivery and improve transparency in public governance.

According to him, “The collaboration with the Federal Government in the Ease of Doing Business, government’s privatization programme and even in the innovation hubs programme is a good thing, and I think it will be very helpful.

“The NSE’s participation and collaboration in our Quarterly Business Forum and the competitiveness council will also be very useful. So, generally I think collaborating with the NSE in different initiatives is a good idea.”

Speaking further on the benefits derivable from such collaboration, the Vice President said, “the participation of the NSE will bring about more transparency and credibility in the sale of public enterprises, and we will look into that aspect”.

Prof. Osinbajo said the Federal Government would make efforts to further improve the ease of doing business environment and also key into any initiative that promotes innovation and creativity.

Earlier in his remarks, the Chief Executive Officer, Mr Oscar Onyeama briefed the Vice President on the proposed collaboration with the Federal Government in the operationalization of the Exchange’s innovation hub and other initiatives of the Federal Government, to which the NSE is willing to support.

Laolu Akande
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President

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