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JETEX & SHELL AVIATION SIGN AGREEMENT FOR SAF SUPPLY TO PRIVATE AVIATION

Jetex and Shell Aviation bring sustainable aviation fuel (SAF) to the flagship private terminal in Dubai.

Dubai, United Arab Emirates, Nov. 08, 2023 (GLOBE NEWSWIRE) — Jetex, a global leader in executive aviation, is the first to offer SAF to customers in the United Arab Emirates. Building on the success of supplying SAF at selected locations in Europe, Jetex will now offer aircraft operators and private owners the possibility of significantly reducing emissions whenever they operate flights from its flagship private terminal in Dubai.

“Bringing SAF to the United Arab Emirates is a milestone achievement, and today I am pleased that we finally can offer this type of aircraft fuel to our customers in Dubai in partnership with Shell Aviation. It is even more important in light of 2023 being announced as the Year of Sustainability in the UAE as it cements our  ambition to reduce carbon emissions”, said Adel Mardini, Founder & CEO of Jetex.

As a safe and fully certified drop-in fuel compatible with existing aircraft fleet and airport infrastructure, SAF can be blended with conventional jet fuel at a ratio of up to 50%, creating an aviation fuel that is significantly lower in lifecycle carbon emissions. In its neat form, SAF can reduce lifecycle emissions by up to 80% compared to conventional jet fuel.

Doris Tan, General Manager Asia and Middle East, Shell Aviation, said: “To reduce emissions from flying, all parts of the aviation value chain need to play their part. This is particularly crucial for private business customers as they can create a concentrated, high-impact demand for SAF. Additionally, expanding the availability of SAF to new locations is equally important, which is why it’s been highly rewarding to work with Jetex to enhance our SAF capabilities in the Middle East by delivering SAF at DWC for the first time.”

Jetex’s environment strategy focuses on reducing carbon emissions, recycling and adapting the latest green technologies across its global network. The company’s efforts are aligned with IATA’s commitment to fly net zero by 2050 and achieving this requires a combination of maximum elimination of emissions at the source, offsetting and carbon capture technologies.

It is vital for the future of aviation to continue to address climate change and Jetex remains focused on playing its part to reduce the impact on the planet.

About Jetex:

An award-winning global leader in executive aviation, Jetex is recognized for delivering flexible, best-in-class trip support solutions to customers worldwide. Jetex provides exceptional private terminals (FBOs), aircraft fueling, ground handling and global trip planning. The company caters to both owners and operators of business jets for corporate, commercial and personal air travel. To find out more about Jetex, visit jetex.com and follow us on Instagram, Twitter, Facebook and LinkedIn.

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General

Return payment for passport to remita platform, CSO urges NIS

The Initiative for Citizens’ Rights, Accountability and Development (ICRAD) has called on the Nigeria Immigration Service (NIS) to return the payment for international passports to the remita platform.

The Executive Director of ICRAD, Hassan Luqman, said this in a statement on Tuesday in Abuja.

He said this would ensure safety assurance and maximum revenue benefits to the Federal Government.

According him, NIS should take up its primary responsibilities and duties of producing all types of Nigerian passports locally and immediately.

“This can be easily done with the use of Nigerian Minting and Printing. This will enhance observance of local contents.

“NIS should be in the management and control of the Nigerian passports database.

“Effect of the current practice on the Nigerian security and its entity is unpalatable and disastrous,” he said.

Luqman said that the group had followed the activities of NIS over the years, as one of the key securities and revenue generating Federal Government institutions.

He urged President Bola Tinubu to beam searchlights on the activities of NIS.

“Many issues bedeviling NIS which have hampered it from discharging its statutory responsibilities to the Nigerian people has remained intractable, defying all calls from Nigerians for solutions.

“This is especially as it relates to procurements for production of passports and other related issuances from NIS, payments platform for NIS activities.

“Data capturing and protection as well as other sundry issues relating to the Nigerian passports by the technical partners in charge of the service are also part of the issues of passport production in the country,” he said.

Luqman said that ICRAD acknowledged the progress made by the present administration to give a true definition of Renewed Hope Agenda to passport applicants.

“If other MDAs can act the way of the Ministry of Interior, challenges encountered by Nigerians will be a thing of the past.

“The efforts of the current Minister of Interior, Dr Olubunmi Tunji-Ojo and the Comptroller-General of Immigration are highly commendable and pleasing to the Nigerian people.

He called for the immediate termination of contracts with private companies involved in the printing of Nigerian passport.

This, he said would protect the integrity of the data supplied by Nigerians and foreigners doing business in the country as well as ensure that the country earned adequate revenue for services being rendered.

“Recruitment into the NIS should be made more transparent and available to all qualified Nigerians.

“The cabal perpetuating illegal recruitment into NIS should be investigated, dismantled, and any officer found wanting, to be prosecuted.

“Delivery of passport to applicants in their respective homes should be made optional.

“Where this is chosen, the Federal Government should benefit from the payment,” he said.

Source: News Agency of Nigeria

Categories
General

Experts seek overhaul of built sector’s philosophy, regulations to drive growth

Built sector experts on Tuesday called for rethinking of the sector’s philosophy, regulations and frameworks to fully exploit its abilities as a critical driver and contributor to the Nigerian economy.

Mr Hakeem Ogunniran, Chairman, Lagos Building Investment Co. Plc, said at the 2nd Biennial Corporate Governance and Enterprise Development Conference in Lagos, that the new philosophy must place people as the new drivers.

The event organised by the Centre for Enterprise Governance and H. Michael and Co had as its theme: “Revisioning Built Environment in Nigeria: Regulatory Compliance and Enforcement to the Rescue.”

Ogunniran said the sector had enormous enabling impact on jobs and economic growth with the ability to drive the realisation of some sustainability goals, including energy efficiency, climate change and adaptation.

He noted that some of the challenges facing the built environment included cumbersome permit/approval processes, thorny legal process, multiplicity of regulatory authorities, uncertainty of title issues, infrastructure, land supply and costs.

“However, with a new philosophy we are calling for, we must begin to strengthen framework and institutions, and make sure there is the conscious infusion of relevant Sustainable Development Goals (SDGs) at the various stages of the built environment life cycle.

“It is important to have the enactment and full domestication of the building code while a realignment of multiple government agencies and the elimination of multiple documentation is done.

“The future of Nigeria’s built environment hinges on our collective efforts to revise, reform and reimagine our approach to regulatory compliance and enforcement,” he said.

Sir Alderton Ewa Ewa, president, Nigerian Institute of Building, said the built environment was the cornerstone of any society; not only in physical infrastructure and human-made surroundings but in conformity to safety standards, utility, sustainability and overall wellbeing.

Ewa stressed that in the Nigerian context, regulatory compliance and effective enforcement was critical for sustainable development given the rapid urbanisation, over population and climate change.

He noted that the nation was at a crucial juncture, facing challenges and opportunities in managing its built environment, hence the existing regulatory framework required meticulous evaluation.

“As professionals in the built environment, we must acknowledge the paramountcy of our roles to champion compliance, advocate for stronger regulations and contribute our expertise to the cause of providing a healthier, livable and a more sustainable built environment.

“Moreover, technology stands as a beacon of hope so embracing advanced solutions can streamline processes, bolster compliance efforts, and pave the way for a more digitally enabled industry.

“However, transformation cannot happen in silos as it necessitates inclusivity, policy advocacy and collaboration.

“We must actively engage with policy makers, industry players and stakeholders, fostering a collective determination to advance the cause of regulatory compliance and enforcement,” he said.

Mr Babajide Odusolu, Chief Executive Officer, Octo5 Holdings, stated that it was necessary to find solutions to the various challenges beguiling the built sector.

Odusolu said government must reduce multiplicity of charges attached to building control processes, and partner build sector professionals and negotiate highly reduced rates for homes, particularly priced between N10 million and N50 million.

“It is also important to partner developers and institutions to create certification system for master craftsmen and ensure only documented/certified craftsmen can practice trade,” he said.

Source: News Agency of Nigeria

Categories
General

NNPC Ltd., Aiteo JV inaugurate Nembe crude oil grade

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade into the international crude oil market.

The announcement of the Nembe crude blend produced by Aiteo, the Operator of the NNPC/Aiteo Oil Mining Lease (OML) 29 Joint Venture (JV), was made at the ongoing Argus European Crude Conference in London on Tuesday.

OML 29, an asset located onshore Nigeria, is operated by Aiteo Eastern Exploration and Production Ltd, Africa’s leading indigenous hydrocarbon producer, following a historic acquisition from Shell in 2014.

A statement issued on Wednesday by Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd., said that the Nembe crude was previously blended with the popular Bonny Light grade and exported via the Bonny Oil and Gas Terminal.

Soneye said the unique selling point of the Nembe grade with an API gravity was highlighted by both the Aiteo E and P and NNPC Limited Leadership at the Argus Conference in London.

“The Nembe Crude Oil grade also has a low sulphur content and low carbon footprint due to flare gas elimination, fitting perfectly into the required spec of major buyers in Europe.

“Two cargoes of 950,000 barrels each of the Nembe Crude Oil grade have since been exported to France and the Netherlands.

“With its attractive Assay of API 29 and low sulphur content, the Nembe Crude Oil grade commands a premium to the global Brent benchmark.

“With the NNPC-Aiteo OML 29 JV back onstream, Nigeria now boasts of an additional crude oil export of two Cargoes at 950,000 barrels each per month and 1.2 Bcf of export gas monthly,” he said.

Soneye said this remarkable achievement signaled the commencement of activities at Nigeria’s newest crude oil terminal, the Nembe Crude Oil Export Terminal (NCOET), which was licensed in line with the extant laws and Crude Oil Terminal establishment regulations.

He further said the terminal was conceived as a Floating Storage and Offloading Vessel (FSO) with a storage capacity of two million barrels and the ability to offload crude oil to any export tanker from AFRAMAX to Very Large Crude Carriers (VLCC).

“It has a loading capacity of 25,000 barrels per hour and will be exporting over 3.6 million barrels of Crude oil monthly at full scale of operation,” he added.

Soneye said currently, hydrocarbon production from OML 29, which was hitherto constrained due to evacuation challenges owing to the security issues around the Nembe Creek Trunk Line (NCTL) corridor, has been debottlenecked.

This, he said, was through a collaborative and creative approach that led to the innovation of the Alternative Crude Oil Evacuation Solution.

The Argus European Crude Conference 2023 in London is a gathering of energy majors, refiners, NOCs, traders, financial institutions, and other representatives from across the global oil markets.

The event also provides a critical opportunity for business leaders to connect, discuss, share and learn from one another.

Source: News Agency of Nigeria

Categories
General

Military total radar coverage of Nigeria necessary for national security – CAS

The Chief of the Air Staff (CAS), Air Marshal Hasan Abubakar, says military total radar coverage of Nigeria’s airspace is necessary for national security.

Abubakar said this at the Nigerian Air Force (NAF) 2023 Communication Information Systems (CIS) Conference, on Wednesday in Abuja.

He said that monitoring the Nigerian airspace through the implementation of military total radar coverage would position the NAF to meet the country’s airpower demands.

He said it was a goal the NAF had been tirelessly pursuing, and challenged the participants to bring up viable ideas to achieve the feat.

Abubakar said CIS was one of the pillars of modern military operations, because it enables commanders to make informed decisions, coordinate forces and by extension, achieve mission success.

The CAS said that the NAF had always strived to stay at the forefront of technological advancements, adding that the drive to stay ahead of the curve in adopting new technologies also corresponds with one of the key enablers of his Command Philosophy.

This, according to him, is prioritising Research and Development, leveraging cutting-edge technology, and strategic partnerships and lessons.

He added that the conference was in furtherance of the efforts of NAF to meeting contemporary operational demands of the Armed Forces, independently or through multi-agency environment.

“Our world is changing at an unprecedented pace and the landscape of modern warfare is evolving just as quickly.

“As we gather here to deliberate on pertinent issues, it is necessary to note that we are at the intersection of technology, artificial intelligence and network-centric warfare.

“These elements are the driving forces that would shape the future of the NAF.

“Our ability to churn out ideas to harness the power of technology, will determine our success in ensuring the highest levels of operational effectiveness and efficiency,” he said.

Abubakar also called for a deep focus on artificial intelligence to revolutionise how NAF processes data, analyses information and makes informed decisions real-time during operations.

He said there should also be more efforts towards improving investment in state-of-the-art encryption and cybersecurity measures, to secure NAF communications.

“I enjoin you to look towards the principles of network-centric warfare, which comprises the ability to share data, collaborate seamlessly and coordinate operations across multiple platforms.

“This would enable us build a robust, interoperable network that connects all branches of the military and our allied partners,” the air force chief added.

Earlier, the NAF Chief of Communication Information System, AVM Ibikunle Daramola, said the CIS conference was aimed delivering innovative technology-based solutions to accomplish NAF missions.

Daramola said the resolution of the current security challenges in the country required innovative solutions using emerging CIS technologies, which could be applied on land, sea, airspace and cyber domains.

He said the core derivative of the conference was to improve the capacity of CIS personnel and reinvigorate existing procedures to enhance NAF’s operational effectiveness.

The communication officer urged the participants to come up with actionable solutions that would add value to the collective efforts of securing Nigeria.

Daramola said the CIS Branch of NAF had secured approval for the establishment of Intelligence, Surveillance and Reconnaissance Systems Maintenance workshop at 441 CIS Group Kaduna.

He said that the facility would conduct first, second and eventually third line maintenance of NAF ISR payloads and associated equipment.

He added that the branch had successfully midwifed the implementation of the NAF Paperless Automation System, known as the Digital Correspondence System, to enhance efficiency in handling correspondences.

“The plan is to eventually extend same to Commands and units,” he added.

Source: News Agency of Nigeria

Categories
General

Organisation seeks legal framework to protect whistleblowers

The African Centre for Media and Information Literacy (AFRICMIL), a nonprofit organisation has called for urgent legal framework for the Federal Government’s whistleblowing policy to protect informants.

Dr Chido Onumah, Coordinator of AFRICMIL, made the call at a Policy Roundtable tagged “Towards a Whistleblower Protection Law in Nigeria in Abuja.

Onumah said that whistleblowers play positive roles in the prevention of and fight against corruption and the promotion of human rights in Nigeria.

“Over the years, we have uncovered and disclosed information on various corrupt and suspicious dealings linked to politically exposed persons and corrupt officials.

“This lead to wider public debates about corruption and the need for accountability, however, instead of being recognised for their work and encouraged, whistleblowers are hindered by those whose interests they threaten.

“Some face reprisals such as dismissal, threats, physical violence or abusive legal proceedings, while others are forced into exile or even killed.

“Regrettably, in Nigeria, whistleblowers face a lack of safe and an enabling legal environment that allows them to report wrongdoing without fear of reprisals,” he said.

According to Onumah, this lack of effective whistleblower protection regime is compounded by the existence of ineffective access to laws to enable citizens obtain information held by public institutions.

He added that the lack of effective and independent judicial institutions that could provide access to justice and effective remedies for human rights violations was also ineffective.

“Over the years, particularly since the Federal Government introduced a Whistleblowing Policy in December 2016, there have been efforts to enact a whistleblower protection law in Nigeria without success.

“Today’s event is one more attempt in this regard. So far, about ten out of 55 African countries have adopted specific laws to protect whistleblowers.

“At a time when many jurisdictions in Africa and around the world are adopting whistleblower protection laws, this intervention seeks to put the spotlight on whistleblower protection in Nigeria,” he said

Onumah said through a nationwide survey conducted by AFRICMIL in 2021, it was observed that Nigerians were of the view that the absence of a whistleblowing law was the major hindrance to the success of whistleblowing in Nigeria.

He, therefore, said the aim of this intervention was to develop key ideas and strategies to put whistleblowing and the passage of a whistleblower protection law in Nigeria on the front burner of national conversation.

Also speaking, Dr Orji Ogbonnaya Orji, the Executive Secretary and National Coordinator of Nigerian Extractive Industries Transparency Initiative (NEITI) affirmed NEITI’s commitment to advocating for the safety, protection, and welfare of whistleblowers.

Represented by Mr Kingsley Ochasi, Legal Officer, NEITI, Orji that whistleblowers are real heroes of transparency and stressed the need for the National Assembly to promptly pass the whistleblower protection bill.

He commanded AFRICMIL for its contribute towards building a more accountable and equitable Nigeria adding that NEITI was proud to have the centre as its partner.

In his contribution, Dr Kole Shettima, the Director of MacArthur Foundation said that whistleblowing as a tool in the fight against corruption has great value, however, lack of legal protection remained the challenges and setbacks.

Shettima said that the importance of ensuring the safety and protection of individuals who engaged in whistleblowing activities was a collective concern, thus emphasising the need for a legal framework.

A representative of the Independent Corrupt Practices and other Related Offences Commission (ICPC) Ms Nneka Chukwuma-Okere, Legal Officer, ICPC said the commission had put measures in place to make good use of whistleblowers’ information.

Chukwuma-Okere said the commission tries to keep the identities of whistleblowers secret to protect them.

“Our section 27, gives us the rights as public individuals to report and we also have anti-corruption unions which we up in various MDAs to help with the fight against corruption.

“So today, we are looking forward to deliberations with other sister agencies to move forward in this whistleblowing policies.”

The News Agency of Nigeria (NAN) reports that the Whistle-blower Policy is not a Law of the National Assembly.

NAN reports that the whistle-blowing Policy in Nigeria is an anti-corruption programme that encourages people to voluntarily disclose information about fraud, bribery, looted government funds, financial misconduct, government assets and any other form of corruption or theft to the Nigeria’s Federal Ministry of Finance.

NAN reports that a former Minister of Justice, Abubakar Malami, SAN, said that within the first two months of the Whistle-blowing policy in Nigeria, the federal government recovered over 178 million dollars that were stolen from the government.

By June 5, 2017, Federal Ministry of Finance received a total of 2,150 tips from the public, 128 tips came through the website of the ministry, 1,192 was through phone calls, 540 through SMS and 290 through email to the ministry. By July/August 2017, a total of 5000 tips was received.

Also, in October 2017, former acting Chairman of the EFCC, Ibrahim Magu said that N527,643,500; $53,222.747; GBP21,222,890 and Euro 547,730 was recovered since the policy was launched.

Source: News Agency of Nigeria

Categories
General

APC in diaspora seeks to empower low-income families in Nigeria

The All Progressives Congress (APC) Committee of Diaspora Chairmen (CDC) says it is seeking to provide investment opportunities to members and extend support to low-income families in Nigeria through its “Renewable Hope Initiatives Business Hangout”.

The APC CDC Chairman, Mr Tunde Doherty, made this known in a statement on Wednesday in Lagos.

Doherty, also Chairman, APC, UK Chapter, said that the programme also known as the “UK Business Hangout” would primarily concentrate on empowering members to invest in agriculture, properties, and green energy.

He said that the business hangout would hold in London on Nov. 10 and Nov. 11.

“This initiative seeks to establish a platform for wealth creation that extends beyond the confines of national borders, emphasising self-reliance rather than dependence on the government.

“The initiative also seeks to elevate members from poverty to foster progress within a democratic framework,” Doherty said.

He said that his vision was rooted in the belief that the collective efforts of all stakeholders was essential to support President Bola Tinubu in the realisation of the “Renewed Hope Mandate”.

According to him, the initiative represents a collaborative effort showcasing a commitment to achieving meaningful progress and transformation.

Source: News Agency of Nigeria

Categories
General

FG, IFAD to deepen collaboration on food production

The Federal Government is to deepen its collaboration with the International Fund for Agricultural Development (IFAD) through technology to boost food production and improve the livelihood of smallholder farmers.

Dr Ernest Umakhihe, Permanent Secretary, Federal Ministry of Agriculture and Food Security, made this known at the Information Communication Technology for Development (ICT4D) Monitoring and Evaluation (M and E) training on Wednesday in Abuja.

Umakhihe, represented by Mr Ibrahim Tanimu, Director, Planning and Policy Coordination in the ministry, identified the ICT4D component of IFAD projects as an important part of the present government agenda of transforming the agricultural sector.

He emphasised that agriculture had to be diversified through the use of technology, adding that without technology the nation could achieve much in food production considering the numerous challenges bedeviling the sector.

Umakhihe said the country could scale up agricultural production and assist the smallholder farmers through the adoption of technology since they were the critical stakeholders in the ministry.

“We have numerous challenges in this sector such as insecurity, and high inflation of food items in the market among others.

“These are challenges that can be minimised with the use of technology.

“Insecurity has made it possible that some farmers cannot even reach their farms but with the use of technology, we will be able to monitor the farms and farmers.

“We have a challenge, and we shall put heads together to ensure robust production of agricultural food to ensure that we are food secured, otherwise if we are not food secured the African continent will be in danger, that is what we do not want to happen, ” he said.

Umakhihe, who commended IFAD for the giant stride, said the ministry would `borrow a leaf’ from the innovation.

He said IFAD ICT4D was in line with the Federal Government’s agricultural value chain transformation agenda.

Mrs Dede Ekoue, IFAD Nigeria Country Director, said the essence of the training was to use the power of digital solutions to improve the monitoring and evaluation of our project to yield the best results.

Ekoue said the Federal Government and IFAD were investing heavily in projects to boost agricultural production and improve the livelihood of smallholder farmers adding that these projects must yield the best results.

She identified ICT4D as the key to scaling up results for farmers.

According to her, there need to use digital tools to track the results; to track whether the result is in line with the objectives; to ensure that these results are efficient and to learn from these results to improve on the project.

“So, the essence of the digital training on M and E is to use ICT4D which is a technological solution to scale up our results for the real farmers.

“When we use the ICT4D solution, we are able to make sure that staff use them to work on the project; and farmers also use them to give their feedback on the project.

“This feedback can be done through cell phone, SMS, WhatsApp among other internet tools,” she said.

Ekoue said that M and E system was to know whether the investments provided by a Local Government in terms of input such as fertilizer were helping to increase production in the farms supported by the organisation and government.

She said the training provided participants with knowledge of the current state of ICT4D in agriculture including access and application of tools and technologies in transforming rural agriculture.

Ekoue said it was also to ascertain how various stakeholders in a digital agricultural ecosystem project could best meet their specific objectives using the concepts of interoperability as an overall framework and guide.

NAN reports that the 70 participants at the training were drawn from the Ministries of Agriculture, Finance, and staff of projects.

Source: News Agency of Nigeria

Categories
Business

Abidjan-Lagos highway corridor secures $15.5bn in AIF 2022- Adesina

Dr Akinwumi Adesina, President of African Development Bank (AfDB) said that the Abidjan-Lagos highway corridor has secured a 15.5 billion dollars investment interest.

Adesina said this while welcoming participants at the 2023 Africa Investment Forum (AIF) Market Days in Marrakech, Morocco on Wednesday.

The News Agency of Nigeria (NAN) reports that the event has as its theme,” Unlocking Africa’s Value Chains”.

Adesina said the corridor would transform the entire West African region and speed up regional integration, sustainable economic development and trade.

“In 2022, investment interests were secured for 3.6 billion dollars for the East Africa Railway Corridor, linking Tanzania, Democratic Republic of Congo and Burundi.

“We are delighted that the AIF has so far closed on deals’ investment gaps worth 11 billion dollars.

“This ranged from liquified natural gas, renewable energy, agribusiness, industrial manufacturing, creative industry, housing, and transport.

“It is time again for investment action, it is time to do it again,” Adesina said.

According to the AfDB boss, African economies provide some of the best investment opportunities in the world.

He said, “as investors, put your monies where the future is. The future is in Africa and investors should see Africa not from what they hear, but from what the facts say.

“Moody’s Analytics shows Africa’s default rate is the lowest in the world with 2.1 per cent compared to Eastern Europe well over 10 per cent; and Asia well over 8 per cent.

“Africa is not as risky as you perceive. Private equity and venture capital in Africa soared year over year to 7.70 billion dollars.

“The number of deals increased from 211 in 2018 to 404 in 2022, an increase of 91per cent.

“The total transaction value expanded from 4.65 billion dollars in 2018 to 7.70 billion dollars in 2022, an increase of 66 per cent. Invest in Africa and reap high risk-adjusted returns, “Adesina said.

Earlier, the king of Morocco, His Majesty King Mohammed VI, said the Morroco-Nigeria Gas Pipeline Project was part of the country’s endeavour to achieve regional economic integration and cross border development of communities.

“This project will enable all countries along the pipeline route to have access to reliable energy supplies.

“I welcome the interest expressed by bilateral and multilateral partners in this project, and in particular, regional and international financial institutions.

“To provide effective support for the implantation of this strategic project,” he added.

NAN reports that AIF is the place where bankable projects in Africa meet with investors; investors meet with Heads of State and Governments in investment board rooms.

It is also where comfort is given to investments, where risks are managed and where deals are closed.

AIF founded in 2018, is a multi-stakeholder platform that has become the continent’s premier investment platform. It is a flagship initiative of the AfDB, Islamic Development Bank.

It has European Development Bank, Afreximbank, Trade and Development Bank, Development Bank of Southern Africa, Africa Finance Cooperation, Africa 50 as its Founding Partners.

Source: News Agency of Nigeria

Categories
Education

Hensard University commits to development of entrepreneurial skills – VC

The Management of Bayelsa-based Hensard University, says its focus via learning, training, research and mentorship, is to produce global leaders, entrepreneurs, and champions of economic and social change for the good of society.

The Vice Chancellor of the university, Prof. Dileep Kumar, said this in a statement in Toru-Orua and made available to News Agency of Nigeria (NAN) in Abuja on Wednesday.

He said Hensard students at all levels of learning would be taught entrepreneurship and encouraged to become real entrepreneurs while in school, through exposure to practical involvement in running, overseeing and management of businesses in their chosen fields.

According to him, the students, while undertaking their entrepreneurial study, will be under the guidance and mentorship of the school authorities.

He said the unique international, industrial, advisory boards and linkages available to the school, would help to facilitate effective mentorship, to avail students with current knowledge for them to become global citizens.

The vice chancellor said Hensard University was committed to its vision and mission of comprehensive development of the human being, impact society in a transformational way locally, nationally, and worldwide.

The school, he said, was also committed to transforming students through innovative teaching and entrepreneurial involvements promoting life-long learning.

“It strives for the highest standards in academics, research and innovation, but it places emphases on character, morality, and spirituality without which academic qualification or life, by Hensard University standards, is incomplete.”

According to Prof. Kumar, the school is ultimately targeted at producing ethical students and leaders with sound personality, character, enduring emotions, and sound intellect for better service to society.

“The school encourages research and development for the progress of society and inclusive sustainable development,” the vice chancellor said.

According to him, the school is also poised to collaborate with prestigious national and international institutions to share ground-breaking research, teaching and learning experiences.

He said this was to encourage research and development for the progress of society and inclusive sustainable development.

According to the professor, the university is Bayelsa’s first private institution licensed by the Federal Government.

“Sen. Seriake Dickson, Chairman of the University’s Board of Trustees, Hensard University was founded through the Henry Seriake Dickson Foundation, as a special institution to drive entrepreneurship.

Hensard will, through leadership, skills maximisation and knowledge, create a new generation of leaders with the requisite character and passion to improve the society.

“Hensard is established to pursue academic excellence, character formation, discipline and commitment to service.”

Its founding vision is to bridge the gaps between academic certification, leadership and skills development and practical industrial application of knowledge for society’s development,” he said.

Source: News Agency of Nigeria

Categories
Politics

National Park committed to carbon reduction-C-G

The National Park Service (NPS) has assured Nigerians of more efforts towards carbon reduction in the country in order to mitigate climate change issues.

The Conservator-General of the NPS, Dr Ibrahim Goni, gave this assurance at a one-day seminar organised by the Environmental Media Correspondents Association of Nigeria on Wednesday in Abuja.

The News Agency of Nigeria (NAN) reports that the theme of the event is, “Climate and COP 28: The Way Forward for Nigeria.’’

Goni said that the approval for the establishment of 10 new national parks in the country would facilitate carbon reduction.

“The seven national parks provides a total area of vegetation of 20,000 square kilometres and we are confident that it would sequestrate carbon by 4.8 million parts this means that with the introduction of the new 10 national parks carbon dioxide is going to be sequestrated.’’

He advised residents on the area of afforestation to reclaim lands that had been degraded as a result of erosion.

The conservator-general commended the Federal Government on its efforts in carbon mediation and planting of 25 million tress to cushion the effects of climate change in the country.

“This is a very good forum for me to talk about the developments made so far in the National Park Service and the conservation of our natural resources

“In 2020, the Federal Government approved the establishment of 10 new national parks.

“The president has sent a concussion which the 9th assembly concurred with so all we are waiting for now is the gazette from the Federal Ministry of Justice.

“Once the gazette is out we are going to take over these areas as national parks,” Goni said.

NAN reports that the 10 new national parks are situated in Alawa National Park in Niger, Apoi National Park, Edumenun National Park in Bayelsa; Galgore National Park, Kano State and Hadejia Wetland National Park in Jigawa .

Others are Kempe National Park in Kwara, Kogo National Park in Katstina State, Marhi National Park in Nasarawa State, Oba Hill National Park in Osun and Pandam National Park in Plateau.

Source: News Agency of Nigeria