News – Page 27 – Democracy Radio

NAICOM express capacity to undertake risk for aviation sector

By Oluwakemi Kindness The National Insurance Commission, (NAICOM) has appealed to all stakeholders in the aviation sector to see the bigger picture of growing our industries beyond the immediate individual gains, but rather, collectively growing an economy that is sustainable and self-reliance to absorb shocks. The National Commissioner for Insurance Olusegun Ayo-Omosehin, which stated this said the role of insurance should therefore be seen beyond just financial protection, to one that is a very critical part of the economy. […]

August 23, 2024 9 8

Economy

PENSION: PenOp gets new President

By Oluwakemi kindness Christopher Bajowa has emerged as the new President of the Pension Fund Operators Association of Nigeria (PenOp) following the retirement of the previous President and MD Premium Pensions, Umar Mairami. Mairami’s retirement had created a vacuum, necessitating a quick election process which led to the emergence of Christopher Bajowa, the MD FCMB Pension Limited as the new President of PenOp. He will complete the term of the previous President, which will end in March 2026. Bajowa in […]

August 23, 2024 11

Economy

Federal Government to relaunch school feeding programme

By Oluwakemi Kindness The Minister of Finance and Coordinating Minister of the Economy, Wale Edun on Thursday announced the upcoming rel-aunch of the Home-Grown School Feeding Program, a critical initiative designed to increase school attendance by providing meals to students. He explained that feeding children at school would not only improve their health and well-being but also incentivize them to remain in school, thereby reducing the number of out-of-school children. Edun stated this while addressing the House of Representatives Committee […]

August 23, 2024 31

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Economy

NESG list strategic priority areas for economic growth and sustainability

By Oluwakemi Kindness The Nigeria Economic Summit Group (NESG) has tasked the President Bola Tinubu's administration on critical strategic priorities areas to drive Nigeria's economy growth. The strategic area's of priority according to the Chairman of the NESG, Olaniyi Yusuf, included Economic diversification, Human capital development, Investment in infrastructure and security, Good governance and transparency and Inclusive growth. Yusuf stated this in Abuja on Wednesday while giving his opening remarks at the National Economic Summit 2024 […]

August 22, 2024 10 2

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General

Workers to proceed on nationwide strike if Joe Ajaero is arrested and detained

By Chinedu Echianu The Nigeria Labour Congress NLC says it would begin an immediate nationwide strike if its President, Joe Ajaero is arrested and detained by the police on allegations it described as unfounded and politically motivated bordering on terrorism financing, cybercrime, subversion, criminal conspiracy and treasonable felony. Recall that the police had carried out a raid on the second floor of the headquarters of the NLC in relation to the recent hunger protests where it confiscated documents, periodicals and […]

August 21, 2024 19 2

Economy

Presidential social investment panel meets to enhance poverty alleviation efforts

By Oluwakemi Kindness The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Monday presided over a meeting of the Presidential Panel on the Social Investment Program (SIP) aimed to assess progress and ensure the effective implementation of social investment policies. This is in a bid to accelerate Nigeria's poverty reduction efforts in line with the Renewed Hope Agenda of the President Bola Tinubu-led Administration. The pivotal meeting was also convened to provide updates on the progress […]

August 20, 2024 9

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General

INTERNAL SECURITY: IGP charges NPF-SIS operatives to focus on professionalism in carrying out their duties

By Oluwakemi Kindness The Inspector General of Police, IGP Kayode Adeolu-Egbetokun, on Monday emphasized the importance of focus, determination and professionalism in the face of evolving challenges in law enforcement. This is coming with the launching of the Special Intervention Squad (SIS) as part of his vision of emplacing a police force that is professionally competent and service-driven in strengthening national security. IGP Egbetokun, has commended the operatives of the (SIS) for their dedication and resilience as they successfully […]

August 20, 2024 14 1

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General

Opposition lawmakers knocks PDP Leadership over Rivers crisis

By Oluwakemi kindness The Opposition Lawmakers Coalition under the main Opposition Coalition umbrella the CUPP has raised serious allegations against the party’s acting National Chairman, Umar Iliya-Damagum, and National Secretary, Senator Samuel Anyanwu. The lawmakers accused the two party leaders of a covert plot to sabotage the PDP's interests in an ongoing legal battle involving defected former members of the Rivers State House of Assembly which is part of a desperate and shameful effort to betray their own […]

August 19, 2024 8 2

General

NDLEA, Plateau state to strengthen collaboration on drug war

By Oluwakemi kindness The National Drug Law Enforcement Agency, NDLEA, has reiterated calls for concerted efforts to reduce the menace of substance abuse in the country. This followed collaboration between the NDLEA and the Plateau state government with a view to curbing the scourge of substance abuse and illicit drug trafficking in the state. Governor Caleb Mutfwang and NDLEA Chairman retired Brigadier General, Mohamed Buba-Marwa, expressed their preparedness for the renewed partnership in their remarks on Thursday […]

August 16, 2024 13