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Osinbajo to speak on Nigeria’s Human Capital Development Investments at Oxford University Lecture tomorrow
NIGERIAN Vice President Yemi Osinbajo, on the invitation of Oxford University, United Kingdom, would be delivering a special lecture highlighting ongoing investments, efforts and plans of the Nigerian government on human development on Friday, 12th October 2018 at the globally recognized institution.
At the event, Prof. Osinbajo will also be inaugurating the International Advisory Board (IAB) of Oxford University’s African Studies Centre, under the School of Global and Area Studies (OSGA).
Members of the board are eminent leaders from across the world including several African countries like Nigeria and South Africa.
The members of the board to be inaugurated by the Nigerian Vice President include Mr Tito Mboweni, an international advisor of Goldman Sachs, and former Chairman of the South African Reserve Bank, who will chair the board; Madame Monica Geingos, First Lady of Namibia, lawyer and entrepreneur; Professor Ibrahim Gambari, former UN Under-Secretary for Political Affairs, one-time Nigeria’s Permanent Representative to the United Nations and former Nigeria’s External Affairs Minister and Dr Charlotte Scott, former First Lady of Zambia and development specialist.
Others are Mr Gareth Ackerman, Chairman of Pick’n Pay, South Africa; Mr. Alex Duncan, Director and Consultant Economist, The Policy Practice, Brighton, United Kingdom; Mr Ivor Agyeman-Duah – Economist and author, Accra, Ghana; Governor Nasir El-Rufai, Governor of Kaduna State, Nigeria and Ms. Linda Mabhena-Olagunju, founder and Managing Director, DLO Energy Group (Pty) Ltd, South Africa.
The Vice President who is departing Nigeria later today for London will be received by Oxford’s Pro-Vice-Chancellor and Warden, St. Antony’s College, Prof. Roger Goodman; Head, Oxford School of Global & Area Studies, Tim Powers and the Director of the African Studies Center, Prof. Wale Adebanwi.
During the lecture, Prof. Osinbajo would highlight the progress made by the Buhari administration in improving the country’s Human Capital development indices and investment climate, as well as the widespread impact of the National Social Investment Programmes (N-SIP).
The N-Power Volunteer Corps, which is a part of the N-SIP, and has so far provided employment for 500,000 young Nigerian graduates, demonstrates the commitment of the Federal Government to invest in the human capital development of Nigerian citizens, particularly the young people.
Also, the N-SIP includes schemes such as the Conditional Cash Transfer, which has helped lift thousands of the poorest Nigerians out of poverty, through the provision of N5,000 monthly stipends; the TraderMoni, which provides collateral & interest-free loans from N10,000 to petty traders nationwide, among other initiatives of the Buhari administration.
Besides, there is also the Homegrown School Feeding programme which provides one free meal a day to over 9 million primary school pupils, thereby boosting school enrichment and also addressing stunting concerns among young Nigerians of school age.
Only last week, Prof. Osinbajo presided over a meeting of the National Economic Council’s Human Capital Development Core Working Group on Wednesday at the Presidential Villa, Abuja, and reiterated Buhari administration’s commitment to accelerate human capital development in the country.
According to the VP, “lifting our people out of poverty is a crucial agenda towards attaining intended developmental outcomes.”
The Vice President leaves for London this afternoon and is expected back in Abuja on Sunday.
News
Customs Surpasses Revenue Target with N5.7 tn Collection
The Nigeria Customs Service (NCS) has announced a record revenue collection of N5.7 trillion as of November 12, 2024, surpassing its yearly target by 10 percent.
This was disclosed by the Comptroller-General of Customs, Adewale Adeniyi, at the ongoing 2024 Comptroller-General of Customs Conference in Abuja.
Themed “Nigeria Customs Service: Engaging Traditional and New Partners with Purpose,” the conference showcased the Customs Service’s progress in modernizing its operations and fostering collaborative partnerships.
“Today, I stand before you to demonstrate how our commitments in 2023 have evolved into tangible achievements,” Adeniyi stated.
He attributed the revenue growth to a series of reforms, including the implementation of a one-stop solution for cargo alerts, a revamped ICT infrastructure, streamlined inspection procedures, and enhanced automation.
Adeniyi explained that these changes reflect the agency’s commitment to elevating operational transparency and efficiency.
“We pledged to re-align our free trade operations, elevate cargo integrity standards, and expand our scanning capacities,” he said.
“Above all, we promised to usher in a new era of customs operations—one built on transparency, efficiency, and genuine collaborations with our partners.”
As of Tuesday, November 12, Adeniyi confirmed that the NCS collected N5.07 trillion, achieving the anticipated 10 percent revenue surplus.
“This performance validates our partnership-driven approach to revenue collection and trade facilitation,” he added.
Adeniyi also highlighted recent strides in trade facilitation, revealing that six companies have been selected to benefit from the Authorised Economic Operators programme, which provides fast-tracked customs clearance and other trade facilitation benefits.
Similarly, the NCS has processed 21 requests under an advance ruling programme, designed to expedite customs decisions on import and export cargoes before they reach Nigerian ports.
The Comptroller-General expressed optimism about the NCS’s potential to drive further economic growth, citing the agency’s commitment to fostering partnerships and advancing innovative practices within the customs sector.
News
Half of Shortlisted Directors Fail Federal Permanent Secretary Exam
Nineteen out of the thirty-eight directors who were shortlisted to fill permanent secretary vacancies within the Federal Civil Service have failed the qualifying examination, a memo from the Office of the Head of Civil Service of the Federation (OHCSF) revealed on Tuesday.
The memo, signed by Dr. Emmanuel Meribole on behalf of the examination committee, disclosed that the qualifying exam was conducted on Monday, November 11, 2024.
The Federal Government, through the OHCSF, launched the recruitment drive in October to fill permanent secretary vacancies in eight states.
Providing insights into the progress, Eno Olotu, Director of Press at OHCSF, stated, “Of the 38 eligible directors who sat for the exam, 19 have passed the first stage and will move on to the second stage, which will assess their competency in using Information and Communication Technology (ICT) in government operations on Wednesday, November 13, 2024.”
Olotu highlighted the rigorous three-stage selection process, designed to ensure that only the most capable individuals are appointed to these high-ranking civil service roles.
This comprehensive approach, according to OHCSF, aims to elevate the quality of leadership across federal ministries.
The directors who advance beyond the ICT proficiency test will face a final stage on Friday, November 15, 2024, where a panel of senior government officials and private sector experts will conduct a final evaluation to determine their suitability for the permanent secretary positions.
News
Rep Oseni Rallies Support for Ikogosi Development Projects, Calls for Resilience, Unity
The Chairman of the House Committee on the Federal Road Maintenance Agency (FERMA) and representative of Ibarapa East/Ido Federal Constituency in Oyo State, Engr. Aderemi Oseni, on Saturday urged the community to unite in advancing key development projects aimed at transforming Ikogosi.
Speaking at this year’s Ikogosi Day celebration and the launch of a N1 billion development project in Ekiti, the lawmaker, who served as the Chairman of the occasion, emphasised the importance of unity and collective action.
He encouraged attendees to approach the celebration as a call to action for the betterment of their community.
“As we all know, Ikogosi is not merely a town; it is a treasured gem in the heart of Ekiti State and Nigeria as a whole,” he said. “Ikogosi, a historic and vibrant town, plays a vital role in the tourism and economic landscape of Ekiti State. Its rich cultural heritage and unique resources draw visitors and stimulate economic activities that benefit us all.”
“Today is not just a celebration; it is a call to action,” he continued. “Let us come together, united in purpose, to support these transformative projects that promise to uplift the Ikogosi community. I urge everyone here to invest their time, resources, and energy in this endeavor. Together, we can build a legacy of self-help and development that future generations will cherish.”
Reflecting on the broader challenges facing the country, Oseni encouraged the people of Ikogosi and all Nigerians to remain hopeful and resilient, assuring them of President Bola Ahmed Tinubu’s commitment to a brighter future for the nation.
“To the good people of Ikogosi and all citizens of Nigeria, I urge you to remain steadfast and hopeful. President Bola Ahmed Tinubu means well for all Nigerians. The APC-led administration’s Renewed Hope agenda holds the promise of a brighter future. Though the beginnings may be challenging, perseverance will guide us toward a prosperous new Nigeria,” he stated.
In a statement released by his media aide, Idowu Ayodele, the lawmaker lauded the Ekiti State government under Governor Biodun Oyebanji’s leadership for its transformative efforts in governance and development.
He acknowledged the strides made by the governor and praised his impactful initiatives, which have set Ekiti on a progressive path.
“First and foremost, let me commend the Ekiti State government under the leadership of His Excellency, Mr. Biodun Abayomi Oyebanji. The trailblazing development initiatives and effective governance during your tenure have not gone unnoticed,” Oseni remarked.
“Under your stewardship, we have witnessed remarkable progress and commendable governance that have undoubtedly made Ekiti State a shining example of peace and development,” he added.
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