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24th NES: Stanbic IBTC underlines support for diligent implementation of public policy.

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Regardless of how robust a policy framework may be, it requires diligent execution, which is backed by strict adherence to corporate governance, to achieve its desired objectives. This was the submission of Stanbic IBTC as Nigeria seeks approaches to unlock its potential and navigate the economy towards sustainable growth and development.

As economic growth is driven by consistent investment and increase in productive outputs, the financial institution said it is committed to supporting Nigeria to actualize her developmental aspirations through interventions and partnerships in critical sectors of the economy.

On the sidelines of the 24th Nigerian Economic Summit, which held in Abuja between October 22 and 23, the bank avers that by examining the disconnect between policy formulation and implementation, chances of finding solutions to trigger socio-economic development in Nigeria are brighter.

Underpinning this year’s summit theme, “Poverty to Prosperity: Making Governance and Institutions to work”, is a push for permanent structural changes that would unlock Nigeria’s capacity to attain her potential, a mission which the Stanbic IBTC Group shares.

Stanbic IBTC, as part of the Standard Bank Group, Africa’s largest financial services group, is a major stakeholder in the effort to develop the continent. This explains the bank’s focus on critical sectors of the economy, including social interventions that will position the Nigerian economy for sustainable growth and development. Stanbic IBTC’s rich pedigree in Corporate and Investment Banking, Personal and Business Banking and Wealth Management underscores its strategic goals of supporting all segments of society and clientele.

According to Stanbic IBTC, Nigeria’s economic potential is massive and it will continue to seek opportunities in strategic sectors of the economy to grow its business while helping to create sustainable prosperity for the people. “As an institution that is in Nigeria for the long term, we are very committed to helping the country achieve her developmental aspirations. We will continue to identify partnership opportunities towards attainment of this goal.”

The Nigeria Economic Summit, which was initiated in 1993, has become a veritable platform for engagement between the public and private sectors where pressing economic issues and policies are dissected with the aim of proffering solutions to such issues.

It further expressed satisfaction with the strategic intent of the Startup Pitching Events, which was introduced into the Summit programme last year, to empower startups registered in Nigeria through access to opportunities that the summit avails. It would be recalled that Stanbic IBTC Bank has introduced a number of initiatives to empower start-ups and players in the small and medium enterprises segment.

On his part, the Minister of Budget and National Planning, Senator Udoma Udo Udoma, who elaborated on the goals of the Economic Recovery and Growth Plan (ERGP), reiterated that execution priorities must be underpinned by a focus on governance and delivery to realize its objectives.

-End-

 

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Prophet Ikuru bombarded with calls from opposition parties to join them against 2027

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By Collins Nkwocha

 

 

Prophet Godwin Ikuru has cemented his position as one of the leading prophets on the African continent, as an integral part of APC , the prophetic hall of fame never hid his love for the president, Ahmed Bola Tinubu whom he prognosticated into power and fought several battles for his sake

 

It’s alarming to discover that several political parties are wooing the handsome prophet against 2027 as they believe that his true potential is being underutilised in APC who left him without a portfolio,they kept bombarding him with numerous calls for him to leave the ruling party and join them against 2027

 

Despite the numerous calls and emissaries sent by the opposition parties,the prophetic hall of fame has kept faith with APC because of the unending love he has for Mr.president,Asiwaju Bola Ahmed Tinubu as he’s willing to remain with him despite all the happenings and odds.

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Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

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Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

 

 

By Solanke Ayomideji Taiwo

 

 

In a heartfelt message, The Director General of the National Sports Commission (NSC), Honourable Bukola Olopade, has extended warm festive greetings to Christians in Abeokuta South, Ogun State, and across Nigeria as the nation embarks on the joyous celebration of Christmas.

 

Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

 

Recognizing the significance of this time of year, Olopade emphasized the essence of unity, love, and gratitude that the Christmas season embodies. He urged citizens to reflect on the virtues of compassion and generosity, which are particularly vital in fostering peace and harmony in communities.

 

 

 

“Christmas is a time for joy, reflection, and togetherness. It reminds us of the values of love and kindness, which are fundamental to our social fabric,” said Olopade. “As we celebrate this festive season, let us remember those in need and extend a hand of support to one another.”

 

 

The Director General of the National Sports Commission (NSC), Honourable Bukola Olopade, acknowledged the challenges that many have faced over the past year, including economic hardships and social unrest, yet he expressed optimism for the future. “In the spirit of Christmas, let us embrace hope and look forward to a brighter tomorrow. Our unity and resilience can overcome any challenges we face.”

 

 

 

Olopade also highlighted the importance of sports in promoting peace and national unity, noting that the NSC is committed to fostering an inclusive environment where all Nigerians can participate in sports and recreational activities. He encouraged communities to engage in sports events during the festive period as a means to strengthen bonds and celebrate togetherness.

 

 

 

As part of his Christmas message, Olopade called on everyone to prioritize the welfare of others, particularly the less fortunate. He urged individuals and organizations to consider charitable acts that can uplift those in need during this season of giving.

 

 

 

In closing, Bar. Bukola Olopade wished all Nigerians a Merry Christmas filled with love, peace, and joy. He expressed hope that the spirit of the season would inspire a renewed commitment to community service and cooperation among citizens.

 

 

 

As the festivities continue, the Chairman’s message resonates with the values of compassion, unity, and hope, encouraging all to celebrate the true meaning of Christmas.

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

 

…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

 

 

Sahara Weekly Unveils That The Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

 

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

 

 

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

 

 

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

 

 

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

 

 

Recall that in September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

 

 

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

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