Investment in agric will mitigate climate change — Expert
The Chairman, Federation of Agricultural Commodities Association of Nigeria, (FACAN), Mr. Howard Usen has posited that the best way to mitigate climate change and promote the capacity to employ thousands and millions is investment in Agro Sub Sector of the economy. His words, “If you want to mitigate climate change, the best solution is agriculture. If you ask anywhere today, when you hear of climate change, you hear of weather, poverty, the only sector that has the capacity to employ thousands and millions is the agro-subsector. “And sometimes when you talk to people about oil, they tell you that our oil will last a lifetime. “Even when they look at the chips, the way they do the chips is different.
Source:Nigerian Tribune
October 16, 2024 10:56 UTC
Tanker explosion claimed 90 lives in Jigawa – Police
No fewer than 90 people were confirmed dead, following a petrol tanker explosion in Majiya Town, Taura Local Government Area of the state on Tuesday. Mr Shi’isu Adam, the Police Spokesperson in Jigawa, confirmed this in an interview with the News Agency of Nigeria (NAN) on Wednesday. He also said that 50 other persons had been hospitalised for varying degree of injury due to the explosion. ”At about 11:30 p.m. on Tuesday in Majia Town, Taura local government area of Jigawa, the tanker driver lost control near Khadija University and it exploded. “The driver left Kano and was heading to Nguru in Yobe when the accident happened,” Adam said.
Source:Nigerian Tribune
October 16, 2024 10:14 UTC
Ending extreme poverty by 2030 out of reach — World Bank
The is contained in the World Bank’s new Poverty, Prosperity, and Planet Report that offers the first post-pandemic assessment of global progress toward eradicating poverty and boosting shared prosperity on a livable planet. “Almost 700 million people – 8.5 percent of the global population – live today on less than $2.15 per day, with 7.3 percent of the population projected to be living in extreme poverty in 2030. Extreme poverty remains concentrated in countries with historically low economic growth and fragility, many of which are in Sub-Saharan Africa”. The report notes that ending poverty for half the World could take more than a century, and offers pathways to progress through faster, greener, more inclusive growth. Yet, 1.7 billion people, 20 percent of the global population, still live in high-inequality economies, concentrated mostly in Latin America and the Caribbean, and Sub-Saharan Africa.
Source:Nigerian Tribune
October 16, 2024 01:31 UTC
Why you should rethink your social media habits
What's New Why you should rethink your social media habits By Musa Adekunle Social media is everywhere—Instagram, TikTok, Facebook—you name it. Here’s why it’s important to rethink your social media habits:1. Studies show that excessive social media use is linked to feelings of anxiety, loneliness, and even depression. Social media is fun, but too much of it can make you lose track of more meaningful tasks. Rethinking your social media habits can improve your mental well-being, increase productivity, and give you more time to enjoy the real world.
Source:The Guardian
October 16, 2024 01:16 UTC
Court freezes 818 bank accounts over N10bn cyberattack on PSB
The Federal High Court in Abuja has ordered an additional 30-day freezing of 818 bank accounts being investigated for allegedly receiving “proceeds of crime” resulting from a N10bn cyberattack on the Hope Payment Service Bank platform. The order, which was requested by the Inspector General of Police, was granted byJustice James Omotosho on Monday, relying on a motion ex parte filed by the police, which was confirmed by our correspondent. Idris stated that police investigation showed that the PSB lost N10bn to the cyberattack. “That investigation revealed that the said funds were laundered into the following accounts of the 1st to 818th defendants/respondents. In July, it was reported that Hope PSB had thwarted a cyberattack on its banking platform and recovered billions of naira in the intended attack.
Source:Punch
October 15, 2024 23:32 UTC
FG launches reputation management group to boost global image
In a bid to enhance its reputation, the Federal Government has unveiled the Nigeria Reputation Management Group (NMRG) initiative, aimed at providing policy direction and quality advisory to governments and leaderships at various levels on matters of building and sustaining reputation as a value-capital in line with global trends. “Our national reputation is not just about how others see us, but how we see ourselves. As Minister Idris acknowledged in the documentary we watched, the reputation and image of Nigeria needs conscious, deliberate attention. We have the biggest body of knowledge in Africa, NIPR is well positioned and ready to deal.”“The point needs also be made, that, like a living thing, reputation is birthed; reputation needs air to survive; reputation is nurtured with the right character. The Nigeria Reputation Management Group marks a significant step towards enhancing Nigeria’s global reputation and promoting a positive national image.
Source:Nigerian Tribune
October 15, 2024 20:36 UTC
Olubadan cautions newly installed clan, community heads against abuse of offices
The Olubadan of Ibadanland, Oba Owolabi Olakulehin has cautioned the newly installed clan and community heads otherwise known as Mogajis and Baales in Ibadanland against abuse of offices. The event was attended by Oba Tajudeen Abimbola Ajibola, Balogun of Ibadanland, Oba Eddy Oyewole-Foko, Osi Olubadan of Ibadanland, Oba Olubunmi Dada-Isioye, Osi Balogun of Ibadanland, Oba Abiodun Kola-Daisi, Ashipa Olubadan of Ibadanland, Oba Dauda Abiodun Azeez, Ashipa Balogun of Ibadanland, High Chief Akeem Mobolaji Adewoyin, Ekerin Balogun of Ibadanland and High Chief (Senator) Sharafadeen Abiodun Alli, Ekaarun Balogun of Ibadanland. The committee was inaugurated by the Olubadan through the Ashipa Olubadan of Ibadanland, Oba Abiodun Kola-Daisi. Others are; Mogaji Akeem Adewale Bankole, Mogaji Folahan Olabode, Mogaji Abiodun Oladipo and Alh. Ramoni Alabi, Personal Assistant to the Olubadan of Ibadanland as the Secretary.
Source:Nigerian Tribune
October 15, 2024 19:07 UTC
Recurring grid collapse, testament to leadership failure — Peter Obi
Peter Obi, the 2023 Labour Party presidential candidate, has once again condemned the collapse of Nigeria’s national power grid, describing it as a clear indication of leadership failure and poor policy implementation. His remarks followed the latest grid failure, which left significant parts of the country without electricity. He said, “For the umpteenth time, the national grid has collapsed, plunging a huge part of the nation into darkness and exposing the fragility of Nigeria’s power infrastructure. “Today, we are the fourth largest economy in Africa, having fallen from the number one position due to leadership failure over the years, including the persistent power crisis. “The disparity in power generation is a reflection of the deep-rooted governance deficit that continues to hold back our growth and potential,” he added.
Source:Nigerian Tribune
October 15, 2024 15:23 UTC
10 things that can make CNG vehicles’ cylinders explode
In this article, Tribune Online takes a look at 10 things that can make CNG-converted vehicles explode. Poor connections between the cylinder, valves, and pipes can create dangerous situations, significantly increasing the risk of an explosion. If the CNG cylinder is damaged in an accident, it can cause gas leaks or even rupture. If the engine overheats or the CNG cylinder is exposed to a heat source, such as fire, it can expand and potentially explode. Cylinder CorrosionAlthough CNG cylinders are designed to withstand high pressure, they can rust if exposed to moisture or harsh conditions.
Source:Nigerian Tribune
October 15, 2024 11:55 UTC
250% Hike in electricity tariff killing manufacturing, members deserve government’s support —MAN
THE Manufacturers Association of Nigeria (MAN) has said the 250% increase in electricity tariffs, its members in Band A are being made to pay, has begun to take its toll on the sector, and therefore become a source of concern for such members. But hiking electricity tariff by 250 percent for manufacturers is not just done. But you can imagine what would happen if this number of businesses shut down. He explained that the choice of the theme: “The Imperatives of an Intentional Development of the Nigerian Manufacturing Sector”, typifies the association’s resolve to birth a thriving manufacturing sector. “The theme was couched with a deep reflection on the growth trajectory of the manufacturing sector in Nigeria.
Source:Nigerian Tribune
October 15, 2024 06:16 UTC
Fuel smuggling dropped after subsidy removal — Kyari
Kyari, speaking during an interview with Channels TV on Sunday, explained that the subsidy previously created a substantial price gap between Nigeria and its neighbouring countries, making fuel smuggling highly profitable. “Before the subsidy removal, the price difference was huge, and that incentivised smugglers to move fuel across borders,” Kyari noted. He said that eliminating the subsidy has “effectively calibrated fuel prices,” stripping away the profitability of illegal fuel trade. “The removal of fuel subsidy in Nigeria has been a game-changer in the fight against cross-border smuggling,” Kyari stated. The subsidy removal, Kyari stressed, not only reduces smuggling but also fosters price parity, contributing to a more stable and fair energy market.
Source:The Guardian
October 14, 2024 22:31 UTC
FG to improve petroleum distribution, address tanker explosions — Oil minister
The Federal Government is set to revamp Nigeria’s petroleum distribution systems and address the alarming rate of petrol tanker explosions, according to the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri. “The frequent petrol tanker explosions have caused significant loss of lives and property across the country, and this cannot continue,” Lokpobiri stated. He attributed the recurring incidents to Nigeria’s overreliance on road transportation for distributing petroleum products, compounded by outdated pipeline infrastructure. Mohammed stressed the importance of integrating road safety measures into petroleum logistics, given the high volume of trucks transporting hazardous materials. “We are determined to prevent further loss of lives and property by creating a safer, more efficient petroleum distribution system,” he concluded.
Source:Nigerian Tribune
October 14, 2024 19:42 UTC
AI, deep tech will redefine global economy, says DWTC chief
The Executive Vice President of Dubai World Trade Centre, Trixie LohMirmand, has said that Artificial Intelligence and deep technology will shape and drive the future global economy. The DWTC EVP, the principal organiser of the ongoing GITEX Global in Dubai, United Arab Emirates, disclosed this in a statement issued on Monday. LohMirmand pinpointed the theme of this year’s event, “Global Collaboration to Forge a Future AI Economy,” as a vital platform for harnessing the transformative potential of these technologies. “AI and deep tech will redefine tomorrow’s economy,” she stated, calling for increased collaboration among governments, industry leaders, and innovators. As part of the larger initiative to foster AI innovation, GITEX will be followed by the inaugural AI Everything Global 2025 in Abu Dhabi and Dubai, aimed at building a responsible and forward-looking AI ecosystem.
Source:Punch
October 14, 2024 16:17 UTC
China concludes war games near Taiwan amid rising tensions over independence stance
China’s military concluded a day of war games near Taiwan on Monday, framing the exercises as a warning against the “separatist acts” of Taiwan’s independence forces. Taiwan, a democratically governed island, had been on high alert for potential military actions following last week’s National Day speech by President Lai Ching-te. In his speech, Lai asserted that China had no right to represent Taiwan, while also expressing a willingness to cooperate with Beijing. His remarks were swiftly condemned by the Chinese government, which regards Taiwan as part of its own territory. “The drill also serves as a stern warning to the separatist acts of Taiwan independence forces.
Source:Nigerian Tribune
October 14, 2024 13:58 UTC
India’s capital bans fireworks to curb air pollution
The Indian capital, Delhi, has imposed a complete ban on the manufacturing, storage, sale, and use of fireworks until January 1, 2025, in an effort to combat severe air pollution. The Delhi Department of Environment announced this decision through an official order on Monday. Delhi’s Environment Minister, Gopal Rai, urged citizens to cooperate with the government’s initiative to curb pollution, especially as winter approaches. He emphasised the need for public support: “In view of the increasing pollution in winter, a ban has been imposed on the production, storage, sale, and use of firecrackers from today till Jan. 1. The ban includes the period of the Hindu festival Diwali, set to be celebrated on November 1, during which people traditionally set off firecrackers.
Source:Nigerian Tribune
October 14, 2024 13:37 UTC