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Oyo Information Summit: Media stakeholders call for regulation of online publishers.

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No fewer than 800 media stakeholders, who converged in Ibadan, the capital of Oyo State to attend the maiden edition of Oyo State Government Information Summit, yesterday called for the regulation of Online Publishers through legislation as well as registration of bloggers and online publishers, averring that there is need for synergy between government and media practitioners as catalysts for sustainable development in Nigeria.

The stakeholders also cautioned media practitioners from reporting inciting as well as divisive messages that could lead to chaos and precipitate anarchy in the country.

The summit, which had in attendance Governor Abiola Ajimobi of Oyo State, his counterpart from Ekiti State, Mr. Ayodele Fayose, Media Chiefs, Media Regulatory Agencies, Government Functionaries, Public Relations Practitioners, Information Officers, Communication Lecturers, Reporters, Online Publishers, Broadcasters, Lawyers, Communication Students and other Stakeholders, advocated for the promotion of language for peace and stability in the country by media organizations.

In a communiqué issued at the end of the summit with the theme: “Managing Information & Communications: the Catalyst for Sustainable Development, the stakeholders called for effective monitoring of media houses by various Regulatory agencies, noting that strict compliance with regulations guiding the ethics of the media profession should be followed.

“After a careful examination of issues addressed on past and current Nigerian socio-political milieu, the Summit condemned inflammatory statements and narratives from different parts of the country on media channels as well as linguistic or extra linguistic acts that can spur hatred and unnecessary tension. Nigerian media should encourage the use of positive languages to promote peace and harmony in the society,” the communiqué committee headed by Dr. Bayo Busari explained.

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The participants at the summit, the first of its kind by any state government, commended the Oyo State Government for organizing the epochal summit explaining that it offered the opportunity for Stakeholders to examine the challenges in the practice of Information and Communication management, consequently calling for a regular Information summit of this nature, twice in a year.

According to the communiqué, “there should be periodic training and mentoring for Media Practitioners and Information managers, provision of necessary working tools for media practitioners, in line with modern trend in the industry, in addition to the revival and sustenance of the culture of professionalism among media Practitioners.

The participants charged media owners to pay more attention to the welfare of media practitioners and information managers, with a clarion call for the speedy commissioning of the Oyo State Archive nearing construction.

Governor Ajimobi, while declaring the summit open, noted that being objective is one of the most difficult things to be in life, enjoining media practitioners to ensure that they correctly and factually inform the people so that the government and the people can always walk in the same direction.

He stated that efforts to bridge the information and communication gap, address lack of professionalism and ethical standards is the first Oyo State Council on Information Summit saying, “Our answer is this maiden edition of Oyo State Council on Information Summit with the theme: Managing information and communications: the catalyst for sustainable development. It is convened by the Oyo state government for stakeholders in the media profession, to exchange views and ideas and to seek ways of improvement.

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“Ladies and gentlemen, I implore all of you here, to please let us correctly, factually, inform our people so that the government and the people can walk in the same direction. As the internet and digital media usage becomes increasingly widespread, it is a matter of strategic necessity for information managers to fashion out practical strategies in the engagement of the various interest groups,” Governor Ajimobi added.

In his short remark, Governor Fayose urged the practitioners to look inwards and lead by example with whatever they are sending to the government and the public, adding that if things get better through the information and communication disseminated, it is in the interest of everybody.

He lamented that most journalists have abandoned their first professional call and have become what he described as “professional-political journalists”, urging them to choose a path to follow out of the two fields.

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Senate Approves Tinubu’s $500m Loan for Power Sector Boost

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The Nigerian Senate has approved President Bola Tinubu’s $500 million loan request intended to bolster the operations of the Bureau of Public Enterprises (BPE) to enhance the financial and technical performance of electricity distribution companies, ultimately benefiting citizens.

The endorsement, announced on Tuesday, follows a thorough examination of the report presented by Senator Aliyu Wamakko, who heads the Senate Committee on Local and Foreign Debts overseeing the 2022 – 2024 External Borrowing (Rolling) Plan specifically for the Bureau of Public Enterprises (BPE).

During the presentation of the report, Senator Haruna Manu, serving as the Vice Chairman of the Committee, emphasised the importance for the Senate to duly receive and deliberate upon the report of the Committee on Local and Foreign Debts concerning the 2022 – 2024 External Borrowing (Rolling) Plan for the Bureau of Public Enterprises (BPE).

The $500 million loan constitutes a portion of the $7.94 billion loan originally requested by President Bola Tinubu on November 1st, 2023, within the framework of the 2022-2024 external borrowing plan. In addition to the $500 million, President Tinubu also sought approval for a €100 million loan.

However, during a special plenary session on December 30, the Senate greenlit the borrowing of $7.4 billion after careful consideration of the report furnished by the Committee on Local and Foreign Debt.

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Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

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In this file photo taken on September 26, 2018, Bill Gates and his ex-wife, Melinda Gates, introduce the goalkeepers event at the Lincoln Center in New York. Ludovic MARIN / AFP

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.

The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media.

The statement gave no reason for her departure, but noted that “under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.”

The couple married in 1994 but announced their divorce in 2021.

They had continued to co-chair the foundation which they established in 2001 with the vast wealth acquired through the success of Microsoft.

With a focus on child poverty and preventable diseases, the foundation has been heavily involved in fighting malaria and in providing toilets and sanitation in poorer parts of the world.

The foundation’s website says it has spent $53.8 billion since 2000, and claims the number of children around the world who die before their fifth birthday has halved in this time.

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Bill Gates thanked his ex-wife for her “critical contributions” to the organization.

“As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality,” he said.

“I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work.”

The organization’s chief executive, Mark Suzman, said its name would change to simply the Gates Foundation — it has been known as The Bill & Melinda Gates Foundation.

“I truly admire Melinda, and the critical role she has played in starting the foundation and in setting our values, she has played an essential role in all that we’ve accomplished over the past 24 years,” he said in a video posted to social media.

“I will miss working with her and learning from her. I look forward to seeing her continued impact.”

 

 

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EFCC calls on banks’ compliance officers to uphold confidentiality

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Compliance Officers of Banks nationwide to refrain from unauthorised disclosure of EFCC’s investigative activities and requests made to banks’ customers.

Speaking through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa Garba Ringim, during a stakeholders’ meeting with Compliance Officers of Banks in Oyo State on Tuesday, Olukoyede emphasised the detrimental impact such disclosures have on the investigation of financial crimes and the timely filing of corruption cases in court.

Olukoyede expressed concern over the tacit support fraudsters receive from the Nigerian banking sector, highlighting the challenges it poses to the Commission.

He urged Compliance Officers to promptly respond to EFCC’s correspondence with certified true copies of relevant documents, as this facilitates swift investigation processes.

Also, Olukoyede addressed the illegal trading of naira with Point-of-sale (POS) operators, stressing the need to curtail such practices for the benefit of Nigerians.

In response to the chairman’s directives, Compliance Officers assured the EFCC of their unwavering support and commitment to enhancing collaboration between the Commission and banks for more effective anti-corruption efforts.

 

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