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Nigeria’s economy requires effective youths, visionary leadership – Oyo Commissioner.

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NIGERIAN youths and graduates of higher institutions across the country  have been urged to make use of their creative talents and power to create an enabling healthy environment for the leaders to deliver good governance.

Oyo State Commissioner for Finance and Budget, Mr Abimbola Adekanmbi who made the call while delivering a lecture entitled ‘DEVELOPMENT, LEADERSHIP AND ROBUST ECONOMY: ROLE OF THE YOUTH’, organized by Oyo State Youth Restoration Team (OYSRET) held at the Assembly Hall of North Campus of The Polytechnic, Ibadan emphasized the roles of youth and the leaders in nation building.

Expressing concern, he charged the youths to wake up to their challenges in other to restore the country’s glory so as to maintain a promising economy. The commissioner maintained that the leaders are saddled with the responsibilities to help societies understand the problems that they face, to aid in the setting of goals and priorities, to work with others in finding paths to those goals chosen, to maintain public morale and motivation and to nurture a workable level of public unity.

Describing the youths as key stakeholders in ensuring the nation’s progress, Adekanmbi said, “our youths must recognize that they hold crucial roles in the development of the nation and live up to those roles expected of them. Youths are partners of today and leaders of tomorrow.

“Therefore, youths must be participatory in today’s happenings, thereby preparing themselves for the time when they will take charge”.

The commissioner continued, ” you do not have to become a President or Governor before you consider yourself a leader. Lead at whatever society, club, and group you find yourself as this serves as training ground for that desired ‘big’ platform. The help we desire, as a country, shall not come from abroad but from within”.

Revealing the efforts of the state government in its bid to reduce the alarming rate of unemployment in the state which has become a menace to society, Adekanmbi lauded the state governor, Abiola Ajimobi for charting way out of youth unemployment in the state through various programmes such as YES–O (Youth Empowerment Scheme of Oyo State), OYSAI – Oyo State Agricultural Initiative amongst others.

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He added that the N–POWER programme, an initiative of the Federal Government is another veritable platform for unemployed graduates to be engaged.

He further claimed that the Abiola Ajimobi led administration has made more investments towards providing educational support to students and youths than any government in the history of the state.

The commissioner, however raised an alarm over addiction to social media which is having adverse effects, enjoining the youths to invest their time on educative materials, desist from unlawful activities, saying a law abiding youth will task the leaders in attaining a viable economic growth.

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FG Unveils Unbundling Plan for Electricity Distribution Companies

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In a bid to enhance efficiency within Nigeria’s power sector, the Federal Government has initiated the unbundling process for 11 electricity distribution companies (DisCos).

This move aims to streamline operations and bolster effectiveness within the sector, as highlighted by Nigeria’s Minister of Power, Adebayo Adelabu.

Addressing the Senate Committee on Power in Abuja, Minister Adelabu emphasized the necessity of restructuring the DisCos into more manageable entities aligned along state lines.

He stressed the impracticality of current setups, citing examples such as the Ibadan Disco, which spans across seven states, hindering operational efficiency.

Also, Minister Adelabu disclosed the government’s intention to exercise its ownership rights in the DisCos, reclaiming management responsibilities to rectify operational shortcomings. He underscored the imperative of governmental intervention, citing past mismanagement by private sector operators.

In tandem with the unbundling initiative, the Federal Government has directed the sale of DisCos currently under the management of banks and the Assets Management Corporation of Nigeria (AMCON). Four DisCos, including Abuja, Benin, Kaduna, and Kano, are now under bank management due to loan repayment issues, signaling a broader need for industry-wide reform.

The Senate Committee on Power echoed concerns over DisCos’ inefficiencies, advocating for comprehensive overhauls to address longstanding performance deficits. Senator Danjuma Goje decried DisCos’ lackluster contributions to the power sector, labeling them as “complete failures.”

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In response to mounting challenges, Minister Adelabu outlined key strategies to revitalize the sector, including stringent regulatory measures, franchise agreements, and accelerated completion of transmission projects. Additionally, efforts are underway to bridge the metering gap and expand renewable energy capacity to bolster the national grid.

Looking ahead, the Federal Government remains committed to realizing its vision of a robust and sustainable power sector, with plans underway to achieve a target of 6,000MW of power generation by the year’s end. As stakeholders collaborate to address systemic deficiencies, the trajectory of Nigeria’s power sector points towards a future marked by resilience and progress.

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Nigerian Army Dismisses Two Personnel Over Alleged Theft at Dangote Refinery

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The Nigerian Army has swiftly acted on allegations of misconduct within its ranks, as it announces the immediate dismissal of two of its personnel implicated in a reported theft at the Dangote refinery in Lagos.

Director of Army Public Relations, Onyema Nwachukwu, affirmed this disciplinary action in a statement released on Monday.

Corporal Innocent Joseph and Lance Corporal Jacob Gani have been relieved of their duties and handed over to the police for further investigation.

“As a demonstration of NA’s zero-tolerance for misconduct and criminality within its ranks, the two soldiers have been dismissed from the NA with immediate effect and handed over to relevant authorities for further prosecution,” Nwachukwu stated.

Major General Nwachukwu outlined the charges against the soldiers, citing their abandonment of duty post and unauthorized possession of materials. He noted that they were summarily tried and found guilty in accordance with military laws.

“This decisive action underscores the NA’s resoluteness in maintaining its institutional integrity and reputation,” Nwachukwu added. “The NA reassures the general public of its dedication to upholding integrity, discipline, and accountability at all levels.”

“We remain resolute in our duty to protect and serve the nation with honor and dignity,” he concluded.

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Rainstorm plunges forty Ogun communities into darkness

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Forty communities in Ogun State have been plunged into darkness following a rainstorm on Sunday.

The downpour, which began midday, destroyed electricity facilities in some parts of the state, leading to a blackout.

“Due to broken poles occasioned by the heavy downpour at Ota and Mowe, customers in the following communities: lyana lyesi, Osuke Town, Egan Road, lyana Ilogbo, Ijaba, Ijagba, Itele, Lafenwa, Singer, Joju, Alishiba, Oju Ore, Tollgate, Eledi, Akeja, Abebi, Osi Round About, Ota Town, Ota Industrial Estate, Igberen, lju, Atan, Onipanu, Obasanjo, Lusada, Arigba, Odugbe, Ado-Odo, Igbesa, Owode,” the Ibadan Electricity Distribution Company (IBEDC) said in a statement late Sunday.

“Olokuta, Hanushi, Bamtish Camp Lufiwape, Eltees Farm, August Engineering, Spark Cear Soap Ayetoro, Amazing Grace Oil, Christopher University, Royal Garden Estate, Pentagon Estate, and environs are experiencing power outages”.

It called on residents of the areas to avoid “contact with the broken poles, saggy wires or any other electrical installation affected by the rain.

“Our technical team is working to clear and replace the broken poles and installations to ensure power supply is restored as soon as possible,” IBEDC said.

A video circulating on social media showed fallen electricity poles on vehicles in a flooded Sango-Ota area of the state.

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