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Cardoso Restates CBN’s Commitment to Youth Development

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By Tony Obiechina, Abuja Abu

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reiterated the Bank’s commitment to developing the next generation of leaders in the financial and social sciences sectors.

He has also emphasised the necessity of addressing the scarcity of skilled professionals in finance-related fields in Nigerian universities.

Cardoso stated this during a strategic engagement with the President and Chairman of the Governing Council of the Nigerian Economic Society (NES), Professor Adeola Adenikinju, who led a team of NES officials and the Nigerian Economics Students Association (NESA), at the CBN Head Office in Abuja.

Underscoring his belief in the collective effort needed for youth development, he stressed that special consideration should be given to creating opportunities for youths and providing them with tools to thrive in their respective sectors and make them globally competitive.

According to him, the meeting, which he considered a demand-driven conversation, had set the stage for a robust pipeline of talents that will drive Nigeria’s Financial System Strategy.

Following presentations by members of NES and NESA on research topics, recommendations, and ongoing activities that could assist the CBN in achieving its mandate, Governor Cardoso emphasised the need for organising mentorship collaboration with NES and NESA to enable both associations to achieve their set objectives.

Furthermore, the Governor noted the importance of communication, stating the need to simplify dense and heavy economic concepts, which had always been challenging when communicating monetary policy. He noted the place of the young economists in demystifying the subject and giving it a better perspective.

While reaffirming the CBN’s readiness to work with NES and NESA and encourage significant female representation, Cardoso expressed optimism that the collaboration with the groups marked an essential step towards building a resilient and inclusive financial sector that thrives on talent, innovation, and diversity.

This he noted should instil hope in the sector’s future.

In his remarks, the President and Chairman of the Governing Council, Nigerian Economic Society (NES), Professor Adeola Adenikinju, highlighted areas of concern for the team and the need for collaboration with the CBN.

While noting that the association had the largest number of economists who could transfer such knowledge, he cited a gap around mentorship programmes. According to him, other areas include research support, internship opportunities, workshops/conferences and leveraging social media in communication.

Also speaking, the National President of the Nigerian Economics Students Association (NESA), Comrade Bakre Israel Boluwatife, expressed gratitude to the CBN Governor for the opportunity for the engagement.

He said NESA looked forward to contributing to the body of research in inflation and money supply.

NEWS

Super Eagles Striker Boniface Involved in Car Crash

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Bayer Leverkusen and Super Eagles striker, Victor Boniface was involved in a car crash on Sunday, a day after the club’s 2-1 victory over Eintracht Frankfurt.

Boniface, who scored a 72nd-minute winner in Saturday’s match, on Sunday shared pictures and video of a smashed car in since-deleted posts on Instagram, as well as what appeared to be a picture of his hand covered in blood.

A club source said Boniface was doing well after incident.

German tabloid Bild reported that the Nigeria international was a passenger in the car en route to Frankfurt airport and suffered minor hand injuries before being taken to hospital.

In a post on social media platform X, formerly known as Twitter, Boniface wrote: “God is the greatest”.

The Hessen state police website said the accident occurred on Sunday morning.

“A 28-year-old was driving a Mercedes in the middle of three lanes in the direction of Frankfurt when, according to his own account, he lost control of the vehicle due to fatigue.

“He  collided sideways with a truck that was driving in the right lane next to the Mercedes,” the report added.

Boniface’s management agency did not immediately respond to an emailed request for comment.

The 23-year-old Boniface has scored seven goals in 10 appearances for Leverkusen across all competitions this season.

German champions Leverkusen, who are fourth in the Bundesliga standings with 14 points from seven games, face French side Brest in the Champions League on Wednesday. (Reuters/NAN)

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Police Smash IPOB/ESN Terrorists’ Camp, Detain 29 Suspects in Imo

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The Imo Police Command says it has dismantled a camp allegedly
operated by the Indigenous People of Biafra and its militant wing, called the Eastern Security Network, at Nempi, Oru West Local Government Area.

The Police Public Relations Officer (PPRO) of the command, ASP Henry Okoye, disclosed this in a statement issued in Owerri and made available to newsmen on Sunday.

Okoye said the bold move was part of the command’s ongoing efforts to curb terrorism and ensure public safety in the state.

He said the operation, carried out on Saturday by the command’s Anti-Kidnapping Unit, also led to the detention of 29 suspects, including 25 males and four females.

He said that the operation was initiated, following the detention of a key suspect, Emmanuel Anukuru, 25, on September 15, at Mgbidi, near Owerri.

“His vital confessions enabled police operatives to locate and dismantle the camp.

“During the operation, several dangerous items were recovered, including four pump action guns, two locally made revolver, five locally made pistols, and three AK-47 magazines,” Okoye noted.

He added that a POS machine, 20 rounds of live cartridges, one white SUV and local bulletproof charms, used by the criminal syndicate were also recovered.

Okoye further stated that the sum of N200,000, allegedly extorted from kidnap victims, was recovered.

“These findings underscore the persistent threat posed by these groups in the state.

“Investigation is ongoing, efforts are in progress to apprehend the manufacturers of the locally made guns,” he emphasised.

The PPRO urged citizens to remain vigilant and report any suspicious activities, and assured residents of the command’s commitment to public safety.

The command’s offensive was coming on the heels of a two-day sit-at-home order in the South-East via a viral video sent out by an unidentified person.

In the video, which has caused panic among the people, a man was seen warning residents of the region to remain indoors on Monday, October 21, and Tuesday, October 22 for their own safety.

He claimed that the defunct Republic of Biafra was going to launch its flag and Armoured Personnel Carriers in the five states of the region on the two days.

He feared that security agencies would attempt to counter the move and consequently resulting in a mayhem in the zone.  (NAN)

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Bogoro LG Loses Secretary, Dodo in Ghastly Road Crash

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From: Ajiya Ayuba, Bauchi

The Secretary of Bogoro local government area of Bauchi State, Mr. Simon Ayuba Dodo has died following a ghastly road crash.

Late Dodo died on his way to Jalingo, the capital city of Taraba State, for a church function.

The chairman of the local government, Yakubu Lawi Sumi has condoled the family of the deceased, Tadnum community and the entire local government over the death of the Local Government Secretary.

He described the deceased as a man who gave his best in the service of Bogoro local government, Bauchi State and Nigeria at large.

He said that, “Late Simon Ayuba Dodo died when his wealth of experience was most needed for the further growth of Bogoro local government area”

According to him, “In these difficult times, it is more important than ever to stand united.

I urged the people of Bogoro to rally around the house and sympathize with the family and the community as they grieve the loss of their beloved father.

“Our prayers for peace and comfort are with the late Dodo family during this period of mourning. Mr. Simon Ayuba Dodo’s legacy of kindness, empathy, and selfless service will not only be remembered in Bogoro local government but Bauchi State and across the nation.”

The Bogoro local government chairman asked the family to accept his demise as the will of God and take solace in the fact that he lived a life worthy of emulation.

The Local Government Chairman was accompanied on the condolence visit by his wife, Mrs. Apphiah Lawi Sumi; vice chairman of the local government, Mulki Markus Masoyi, all the 13 Ward Councilors; PDP Chairman; Education Secretary and other top officials of the local government area.

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