The House of Representatives has reiterated its resolve toward enacting laws on diversification of the economy with a special focus on green, blue and digital resources economy. Chairman, House Committee on Monitoring, Evaluation and Implementation of the Legislative Agenda, Hon. Patrick Umoh gave the assurance during the post-National Roundtable on the state of the economy, and expressed optimism over the country’s potential as a digital hub of Africa. He, however, disclosed that the National Assembly has in pursuance of its constitutional mandate, made several interventions both at plenary and Committee levels toward the resuscitation of our national economic challenges. “The contributions of our development partners- Konrad Adenaeur Stiftung and Afrexim Bank towards the success of the Roundtable are worthy of appreciation.
Source:Nigerian Tribune
July 19, 2024 21:26 UTC
The Federal Competition and Consumer Protection Commission on Friday imposed a $220 million fine on Meta platforms for violating data privacy laws. The FCCPC said in a statement obtained by The PUNCH that Meta’s data-sharing practices on its Facebook and WhatsApp platforms breached local consumer and data protection regulations. The commission found that Meta had denied Nigerian users control over their data, shared data without consent and abused its market dominance. Details later…
Source:Punch
July 19, 2024 19:50 UTC
American cybersecurity firm, CrowdStrike, said the global IT outage affecting multiple sectors was not caused by a security incident or cyber attack. The outage occurred concurrently with a significant disruption at Microsoft, impacting businesses worldwide on Friday. “CrowdStrike is actively working with customers impacted by a defect found in a single content update for Windows hosts. “Our team is fully mobilised to ensure the security and stability of CrowdStrike customers,” he assured. On Friday morning, UK-based Sky News experienced a disruption in its live TV broadcasting capabilities due to the outage.
Source:Punch
July 19, 2024 19:20 UTC
Hyundai Motor recently introduced the CNG version of its Exter SUV with dual-cylinder technology.Tata Punch and Maruti Fronx, both rivals to the ExterHyundai Exter CNG: Engine, mileageHyundai Motor has introduced dual-cylinder technology for the first time in the Exter SUV. The petrol manual variant of the SUV offers mileage of 19.4 kmpl while the automatic version offers 19.2 kmpl. Maruti Fronx CNG is also more fuel efficient than Exter CNG with mileage of 28.51 km/kg certified by ARAI. Also Read : Maruti Suzuki Celerio to Tata Tiago - CNG cars in India with best fuel economyTata Punch CNG: Engine, mileageTata's smallest SUV Punch, which currently leads the all cars in India in terms of sales, is the most popular model across segments. Tata Punch CNG offers the least when it comes to mileage among all three rivals.
Source:Punch
July 19, 2024 14:45 UTC
Yves Massoud is the bartending co-partner at Fizz, a neighborhood bar in the Mar Mikhael area of Beirut, where he serves his own take on the city’s homegrown Doudou shot, a briny mix of vodka, lemon juice and hot sauce served with an olive. “Doudou is part of the culture and part of Lebanese hospitality,” says Massoud. The Fizz Doudou maintains the essence of the classic, but adds chipotle Tabasco, Worcestershire sauce and soy sauce to enhance the smoke and umami notes. The olives are local, sourced from another partner’s lands in the southern Lebanon village of Lebaa. (While Fizz makes its own hot sauce, bartenders don’t use it in the Doudou yet; it’s a matter of mechanics as the bottles’ stoppers make it difficult to dash the correct amount.)
Source:Punch
July 19, 2024 14:44 UTC
The National Agricultural Land Development Authority (NALDA) is set to commence activities at its Institute of Agribusiness and Entrepreneurship across the six geopolitical zones of the country. This will in turn translate to the country being better positioned to attain food security and ensuring a stable and sufficient food supply for the nation in line with President Bola Tinubu’s food security agenda. The NALDA’s agribusiness Institute also aims at catching the younger generation from the Primary to the tertiary level by introducing them to Agribusiness early while also serving as a platform for professional research. “We also came up with NALDA Institute of Agribusiness and Entrepreneurship that has the approval of Mr President. This is why we came up with the NALDA Institute of Agribusiness and Entrepreneurship from primary to secondary to OND level”.
Source:Nigerian Tribune
July 19, 2024 09:23 UTC
Donald Trump predicted an “incredible victory” Thursday in accepting the Republican presidential nomination from a party euphoric over his escape from assassination and buoyed by the apparent implosion of Joe Biden’s reelection campaign. “We will have an incredible victory, and we will begin the four greatest years in the history of our country,” Trump said at the Republican National Convention in Milwaukee. He seemed tonight to be pretty energized,” 64-year-old Terry Arnold from the Seattle area, told AFP at her first convention. And, despite aides promising that Trump would not even say Biden in the speech, Trump did refer to his opponent by name and “the damage” he has done. Senior Trump advisor Jason Miller told AFP that “nothing fundamentally changes” for Trump if Biden drops out.
Source:The Guardian
July 19, 2024 08:48 UTC
The journey to decarbonize the global electric power system can get a large boost with a single step … aiding and supporting hydropower development and hydroelectric power as an enabler of intermittent renewables. As Masood Ahmad led with, “Hydropower can punch way higher than its weight” in the global decarbonization journey. The three expert panelists James Barry, general counsel for Gravity Renewables Inc. and included Mucun Sun, power system research engineer in the energy systems group at Idaho National Laboratory. Sun reported on research work at INL on how hydropower can be hybridized through pairing with solar, wind and even batteries to smooth out dispatchable generation. And the panelists touched on the significant potential for pumped storage hydropower, which they called 50-year assets.
Source:Punch
July 19, 2024 08:12 UTC
The National Hydroelectric Power Producing Areas Development Commission (N-HYPPADEC) has called for the enactment of a law that will criminalise the non-wearing of life jackets by boat passengers across the country. He said 800 youths who benefited from the scheme in Kwara State will soon get starter packs to commence their own businesses and go ahead to employ others. He said the starter packs that would be distributed to the beneficiaries, who were trained in 15 vocations, which include tailoring and fish farming, cost N255,620,973. “We have trained 800 youths in every area of skill under the YTP scheme. We shall soon provide them with starter packs,” she said.
Source:Nigerian Tribune
July 18, 2024 16:33 UTC
Mr. Jama Onwubuariri, Managing Director of TTP, was a key panelist, offering his expertise on the transition from education to employment. During the session, he surmised that to enable the education-to-employment transition, students need to identify their passion, minimize distractions, identify socio-economic problems around them and research their solutions, be team players, stand on the right principles and avoid destructive habits. At TTP, we believe in the power of innovation and critical thinking to drive sustainable economic development. The UNILAG-Employment Clinic, EETP, is designed to provide students with the skills and insights needed to navigate the transition from university to employment effectively. The program’s success highlights the value of industry-academia collaborations in driving positive outcomes for students and the broader economy.
Source:Nigerian Tribune
July 18, 2024 13:56 UTC
Truck Transit Parks Limited, manager of the electronic call-up system, has reiterated its commitment to drive development through innovation. In a statement, the Managing Director of TTP, Mr Jama Onwubuariri, disclosed this at the launch of the University of Lagos Employment Clinic: Education to Employment Transition Programme recently. Speaking at the event with the theme ‘Blue Career Insights’, he said that TTP was committed to fostering an environment where education meets practical application. At TTP, we believe in the power of innovation and critical thinking to drive sustainable economic development,” he stated. According to Onwubuariri, the Ètò system is a prime example of how innovative thinking can address critical challenges and create new opportunities.
Source:Punch
July 18, 2024 11:44 UTC
By Matthew OguneJustice Chukujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos has ordered the final forfeiture of five properties linked to a former Managing Director, Nigerian Army Properties Limited, (NAPL), Major-General U.M.Mohammed. The properties are No.8b, Bedwell Road, Ikoyi; No.3, Force Road, Ikoyi, Lagos; No.14, Glover Road, Ikoyi, Lagos; No.6, Marina, Ikoyi, Lagos and No. 28, Point Road, Apapa, Lagos. EFCC said its investigation revealed that the properties were fraudulently misappropriated and the proceeds of the sale diverted for personal use. Moving the application for the final forfeiture of the properties on Wednesday, Mohammed told the court that the Commission had complied with the order of the court regarding the publication.
Source:The Guardian
July 18, 2024 11:28 UTC
Nigerians rejoiced on Monday following reports that the three-year travel ban to the United Arab Emirates (UAE) had been lifted. However, this excitement was short-lived as the Minister of Information and National Orientation, Mohammed Idris, stated that the resolution came with “mutually beneficial” conditions. According to Idris, one of the conditions involves obtaining a Document Verification Number (DVN), a specialized service designed to authenticate and verify documents essential for UAE visa applications. Also, Nigerians must provide proof of a six-month bank statement with a minimum balance of $10,000 to obtain a UAE visa. Regarding the requirement for a $10,000 bank balance, the directorate stated: “We are not aware of such requirements.
Source:The Guardian
July 18, 2024 02:46 UTC
Ghana’s Supreme Court on Wednesday deferred its ruling on a request to restrain parliament from transmitting a highly contested anti-LGBTQ bill to President Nana Akufo-Addo for his final approval. Chief Justice Gertrude Torkornoo, chairing the five-member Supreme Court panel, said the court will expedite the case. Broadcaster Richard Dela Sky is contesting the constitutionality of the bill, arguing it violates several provisions of the 1992 Constitution. Akufo-Addo, who is stepping down after two terms, has refused to approve the bill, citing the multiple court cases against it. The bill, commonly referred to as the anti-gay bill, has faced widespread international condemnation, including from the United Nations, the United States, and the British government.
Source:The Guardian
July 18, 2024 02:11 UTC
President Bola Tinubu has approved the appointment of Didi Esther Walson-Jack as the Head of the Civil Service of the Federation, with effect from August 14, 2024. Prior to her new role, Walson-Jack was the permanent secretary of the Federal Ministry of Education. She was also appointed as Permanent Secretary in 2017 and has served in several ministries. “The new appointee will take over from the incumbent Head of the Civil Service of the Federation, Dr Folasade Yemi-Esan, CFR, who is due to retire on August 13, 2024,” the statement read. “President Tinubu, while thanking the outgoing Head of Service for her stewardship, tasks the incoming Head of Service to discharge her duties with innovative flair, integrity, and stringent adherence to the extant rules and regulations of the Civil Service of the Federation,” the statement read.
Source:The Guardian
July 18, 2024 01:59 UTC