NEWS
Gov Alia Assures NYSC Members of Adequate Security During Service
Gov. Hyacinth Alia of Benue on Friday assured the National Youth Service Corps (NYSC) serving in the state of adequate security.
Alia gave the assurance during the opening ceremony of the 2024 Batch C Stream 1 orientation course.
The governor, who was represented by the Commissioner for Youth, Sports Development, and Creativity, Mr Terkimbi Ikyange, promised to take good care of the corps members posted to Benue.
He said the NYSC scheme has proven to be a strategic institution for nation-building and national integration and urged them to play their part.
Alia stated that his administration, in conjunction with all security agencies in the state, has put in place giant proactive measures to ensure the safety of all places and residential areas of corps members.
“It is logical that finding yourselves in a strange land would create all sorts of doubt and fear, but I want to assure you that being in Benue State is just home away from home.
“We are aware that you can only achieve the aforementioned tasks comprehensively in an atmosphere of peace. Sadly, our nation is currently bedevilled with some security challenges, and Benue State has not been left out.
“However, let me quickly allay your fears and assure you that, as a government, we are poised to ensure that your security is guaranteed all through your stay in the state.” he said
Earlier, the State Coordinator, NYSC, Mrs Veronica Garba, said the 2024 Batch C Stream 1 orientation programme was organised to prepare corps members adequately for a successful service year.
Garba said the orientation programme was generally packaged to enrich participants with new techniques in the approach of different spheres of life.
She said a total of 1217 members were participating in the current batch.
According to her, highly rich trainings and lectures are put together for their benefit.
She enjoined them to make the best out of this golden opportunity provided by the FG by taking every aspect of the training programme seriously.
“I encourage you to ensure healthy interactions, irrespective of ethnicity, religion, and social backgrounds, in order to foster unity and integration, which is one of the core reasons for the establishment of the NYSC scheme.
“The Skill Acquisition and Entrepreneurship Development (SAED) you will soon be introduced to is one of the highly beneficial programmes put together by NYSC to eradicate joblessness, considering the unending scarcity of white collar jobs in Nigeria.
“I urge you to embrace the programme with all seriousness and commitment with a view to becoming self-employed and employers of labour,” she said.
Garba commended the state government for the payment of a monthly state allowance of N15,000 to other corps members and N100,000 to corps doctors.
The state coordinator said that the state government’s kind gesture has cushioned the effect of hardship on corps members serving in the state.
“May I again thank the governor for coming to our rescue on the challenge of erosion in the camp by awarding a contract for the construction of drainages and a good road network within the camp environment.
“However, it is unfortunate to inform you that the construction work has been slow and the labourers/workers have abandoned the project.
“I appeal to the governor to call the assigned ministry back to camp to complete this very important project,” she said (NAN)
Chairman, Nigerian Exchange Group, Dr Umaru Kwairanga, says the Nigerian Capital Market has experienced exponential growth since he assumed office in 2022.He reiterated the group’s commitment to deepening Nigeria’s capital market in alignment with President Bola Tinubu’s vision of growing the nation’s GDP to one trillion dollars by 2030.
In a statement issued in Lagos, Kwairanga was said to have made the remarks while delivering a keynote address at the “For the Love of Our Country (FLOC) 2025” symposium, held at Bayero University Kano (BUK) on Friday. He spoke on the theme, “Reimagining Nigeria’s Economy for a Prosperous Future: Where We Were, Where We Are, and Where We Should Be in the Next Decade”.According to him, the All Share Index (ASI) rose from 48,837 basis points to 111,742 basis points, while market capitalisation grew from N26.375 trillion to N70.463 trillion by May 2025.He said that bond markets were included with total market capitalisation now at over N121 trillion.“This growth shows that we have more than doubled the indices of both our equity and bond markets in just over two years.“However, our goal is even more ambitious as we work towards making the capital market central to achieving a $1 trillion economy,”he said.Kwairanga emphasised the strategic importance of a robust capital market in financing long-term infrastructure, encouraging formalisation of businesses, and mirroring the nation’s true economic potential.He noted with concern that Nigeria’s market capitalisation remains less than 20 per cent of Nigeria’s GDP, compared to South Africa’s Johannesburg Stock Exchange which exceeds its national GDP.To address this, he outlined several initiatives being undertaken by NGX Group and its regulators, particularly the Securities and Exchange Commission (SEC), to enhance market transparency and efficiency.He said these include the dematerialisation of share certificates, resolution of unpaid dividend backlogs, and the recent reduction in clearing time for secondary market transactions to T+2.“We are working closely with regulators and stakeholders to make our market more accessible and attractive.”He said that major listings in the oil and gas sector, such as the planned sale of a stake in NNPC Ltd. and the anticipated listing of Dangote Petrochemicals, would significantly boost market capitalisation.He also spoke on digital innovation as a key driver of market participation, citing the launch of NGX Invest, a digital platform for primary market offers and financial literacy campaigns targeting youths, students, and members of the National Youth Service Corps (NYSC).The chairman revealed the ongoing engagements with institutional investors such as pension fund administrators and mutual funds.He also hinted on the development of sophisticated products like exchange-traded funds, derivatives, and ethical investment instruments.He highlighted efforts to integrate African capital markets through cross-border linkages that would allow investors in Nigeria to trade shares listed on exchanges in countries like Ghana and vice versa.In spite challenges such as declining disposable income, infrastructural deficits, and global economic headwinds, Kwairanga expressed optimism that these could be surmounted.“We are confident that Nigeria will have the broader, deeper, and more sophisticated capital market it deserves before the end of this decade,”he said. (NAN)
The Federal Capital Territory Emergency Management Department (FEMD) says it has rescued a woman, who was forcefully pushed out of a moving vehicle in Asokoro, Abuja, on Friday.The department’s Head of Public Affairs, Mrs Nkechi Isa, disclosed this in a statement in Abuja.
Isa said that the incident occurred at about 4:30 p. m. at the Powerhouse Bus Stop Junction,Yakubu Gowon Crescent in Asokoro. According to her, eyewitnesses at the scene said the woman was pushed out of a moving vehicle suspected to be a robbery, by “one chance” operators.She described “one chance” as a criminal gang posing as commercial drivers with passengers, leaving one space (one chance) for an unsuspecting victim.Once they take off, the criminals dispossess the victims of their valuables and often throw them out of the moving vehicle.She said that the FEMD Search and Rescue Team was notified of the incident by the FCT Fire Service and immediately swooped into action.“On arrival at the scene, the team found the victim, identified as Khadija Salisu, unconscious but without visible physical injury.“She was promptly taken to the Asokoro District Hospital and is responding to treatment,” Isa said. (NAN)
The Ministry of Foreign Affairs on Friday warned against the use of social media accounts by unscrupulous individuals spreading false information about its officials.The ministry’s spokesperson, Kimiebi Ebienfa, issued the warning in Abuja following the creation of a fake Facebook account in the name of Permanent Secretary, Amb.
Dunoma Ahmed. Ebienfa said, “This fraudulent account is being used to spread false information, promise contracts, solicit help, and offer enticing rewards to unsuspecting members of the public. “The Ministry firmly disassociates itself from this impersonation and urges the public to disregard any messages from the fake account, which is not an official channel. “It is important to clarify that the Permanent Secretary does not operate or own any social media account.” He advised the public not to engage with individuals or groups behind such fraudulent schemes, as they are deceptive and harmful. According to him, the ministry is working closely with security agencies and Meta, Facebook’s parent company, to investigate and shut down the fake account. Ebienfa reaffirmed the ministry’s commitment to transparency, integrity, and protecting citizens from fraudulent activities across all platforms. (NAN)
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