News
Oke-Ogun to host youth summit next month.
A group of young professionals under the aegis of Oke-Ogun Youth Association has announced it will host the maiden edition of Oke Ogun Youth Summit dubbed ‘Iseyin 2017’ between July 14 and 15, 2017 at the Iseyin City Hall .
Contained in a press statement issued by the planning committee and made available to newsmen, in Ibadan, the major aim of the summit is to organise young people of Oke-Ogun origin by creating a platform for them to learn from successful people, to network among themselves with the guidance of the elders, to learn new things that will be beneficiary to their community and to share their hopes and concerns about the human development of the region.
The Chairman, Planning Committee, Oke- Ogun Youth Summit, Mr Bola Olalere emphasised that the summit will be on human development and developing a youthful mind that is confident, daring to set goals and going for it passionately till success is guaranteed.
“We believe that our community will develop in all areas when we have many successful individual with high self-esteem, daring and visionary, hence the theme for the summit’; DREAMS DO COME TRUE. Yes , we believe that dreams do come true but we also believe that unless we take positive actions, pursuing the dream with determination and learning at the feet of the real successful people from our community (not only from books) dreams don’t become reality through magic”, he said.
While encouraging young people from the region to also plan to attend the summit which he said will go a long way in helping them in their career and setting new agenda for an overall development of the region, Olalere disclosed that the association has contacted many successful individuals from the region who have agreed to speak at the summit.
Former Chairman of the Nigerian Communications Commission (NCC), Prof. Adeolu Akande, has extended warm felicitations to Barrister Sarafadeen Ali, the Senator representing Oyo South Senatorial district, on the occasion of his 61st birthday.
In a statement released on Saturday in Ibadan, the Oyo state capital, on Saturday, Akande lauded the lawmaker, describing him as a luminary whose life has been marked by distinguished service to the nation.
“Today, I join the world in celebrating you on your special day, as you mark 61 years of God’s abundant love and glorious impact on humanity,” the former NCC gaffer expressed.
He added, “I wish you many more years of God’s grace in your life.”
The headquarters of Heritage Bank at Victoria Island, Lagos, was besieged on Thursday by members of the labour union, protesting the recent dismissal of 1,000 support workers.
The National President of the National Union of Banks, Insurance and Financial Institutions Employees, Comrade Anthony Abakpa, led the demonstration, condemning the bank’s management for what he deemed a lack of adherence to due process in the termination of employment contracts.
Speaking during the protest, Comrade Abakpa asserted that the leadership of Heritage Bank failed to follow established protocols before executing the mass layoffs.
He emphasised the union’s commitment to pursuing justice for the affected workers, vowing to escalate their demands until the bank’s management rectifies the situation.
“We will intensify our demands for justice,” declared Comrade Abakpa, urging the bank’s management to take corrective action to address the grievances of the dismissed workers.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves to bolster the naira, despite recent fluctuations in reserve levels.
Speaking from Washington DC, where he is attending the International Monetary Fund-World Bank Spring Meetings, Cardoso highlighted the influx of $600 million into Nigeria’s reserves account within the past two days.
While the naira has experienced a notable appreciation against the dollar in recent weeks, climbing over 40% from approximately N1,900/$ to about N1,000/$1, Nigeria’s foreign reserves have been dwindling. As of April 15, reserves dropped to approximately $32.29 billion, marking the lowest level in over six years.
Cardoso emphasised that the shifts in reserves are typical for any country, where various financial obligations, such as debt repayments, necessitate withdrawals.
He stated, “What you’ve seen with respect to the shift in our reserves is normal in any country’s reserves where, for example, debts are due and certain payments need to be made. They are made because that is also part of keeping your credibility.”
Continuing, Cardoso underscored the dynamic nature of the market, advocating for a system driven by willing buyers, willing sellers, and price discovery.
He emphasised, “The shift in our reserves has really little or nothing to do with defending the naira, and that is certainly not our objective.”
-
Opinion4 days agoTinubu’s Naira Miracle: Abracadabra or Economic Wizardry? | By Adeniyi Olowofela
-
Politics4 days ago
Why Oyo State cannot afford another 3 years of Makinde’s mismanagement of council funds
-
Politics1 week ago
APC Urges Fairness in Oyo LG Election
-
Politics1 week ago
Ex-Kano governor, Ganduje to be arraigned for alleged bribery, diversion
