The Acting Rector of The Polytechnic, Ibadan (TPI), Dr. Taiwo Abideen Lasisi has pledged a solid working relationship with the alumni association of the Institution.


Dr. Lasisi made the pledge on Friday when the national executive council of the alumni paid a courtesy call on the Rector and his management team.


The Rector assured that the non-representation of the alumni association on the Institution’s Governing Council raised by the national President of the alumni association was an anomaly and promised to link up with the state government through the Ministry of Education to correct the anomaly.


He observed that the Polytechnic, Ibadan (TPI) alumni association remains one of the best in the country as the national body, the affiliate bodies and individuals have been supporting the Institution in so many ways.


He allayed the fears of the alumni association on complaint of delayed results and similar issues, assuring that under his leadership, anybody that failed to turn in results of students on scheduled will be sanctioned.


Earlier, the national President of the association, Professor Akinloye Lawal who was represented by Mr Olusola Ilelaboye had stated that apart from the various contributions of the National body and the affiliate bodies, individuals, such as Dr. Emmanuel Aderemi Awode, Engr. Aderemi Oseni, and the late Mrs. C.k. George contributed immensely to the development of the Institution.


He however observed that the alumni association was not accorded its place of pride as it is the only association without alumni representation on the Governing Council of its Institution in the country pointing out that Adeseun Ogundoyin Polytechnic, Eruwa, and Emmanuel Koleoso Polytechnic, Saki that were both campuses of The Polytechnic, Ibadan (TPI) have alumni representation on their Governing Councils.


Professor Lawal, however, assured the Rector and his Management team of regular support from the national body of the association in their bid to turn around the institution into a world class academic giant.

Last modified on Monday, 19 August 2024 14:13

Controversial Nigerian singer, Habeeb Okikiola, popularly known as Portable, has cried out over a recent attack at an event in Lagos State.

Naija News reports that Portable, in a post via Instagram, revealed that he and his team were robbed by a group of individuals identified as “Egbon Adugbo” at an event in the Iju-Ishaga, area of Lagos.

 

The singer reportedly attended a celebration for a friend who is a car vendor when the incident occurred.

According to Portable, his presence and behavior at the event drew unwanted attention, leading to a violent confrontation.

The ‘Za zu zeh’ crooner said the attackers not only inflicted severe injuries on him but also made off with several pieces of his expensive jewelry, two iPhones belonging to one of his managers, an ATM card, one of his cars, and various other personal items.

He wrote, “Wahala big Palaba around iju ishaga We go celebrate with @lincon_orn wey dey sell motor … Inside Adugbo wey we. Dey do show na so all dis Egbon adugbo achieve us, ZEHNATION boys are still missing oo.. they attack my boys after I escape …

“@lincon_orn should help tell those Egbon adugbo to return @iam_sexyshay 2 iPhones and my atm.. we see @dullarboi phones and car … and we can’t still find him…I never see @bamidola_ we hear say them attack him .. those are my artists that are missing oo.

“God, no, go shame us ? all these people are evil na so them achieve me those Egbon adugbo Collect my ice chain and my gold earring after I show them love give them all my money they still won collect my bag …. Are they Fans or enemies.”

 
 

The mobile police officer abducted around Kampani community in Bashar District of Wase local government are of Plateau State has reportedly been found dead.

Naija News reported that the incident happened on last Wednesday evening while the police officer and a soldier were on their way from the Zurak community to Kamapani.

The bandits ambushed the security officers, and the policeman was abducted while the soldier escaped.

The policeman and a soldier who were part of a security team fighting bandits terrorising a community which shares border with Taraba State.

Sources from Wase town confirmed to Daily Trust on Monday that the lifeless body of the policeman was found in a bush at Bangalala, on Sunday.

However, the spokesperson of the state police command, DSP Alabo Alfred, has yet to issue any statement regarding the latest development.

President Bola Tinubu has approved a request by the Nigerian National Petroleum Company (NNPC) Ltd to utilise the 2023 final dividends due to the federation to pay for petrol subsidy, TheCable can report.

The president also approved the suspension of the payment of 2024 interim dividends to the federation in order to augment NNPC’s cash flow.

In addition, the national oil company told the president it will be unable to remit taxes and royalties to the federation account for now because of the subsidy payments, which it termed “subsidy shortfall/FX differential”.

An NNPC forecast seen by the newspaper showed that the cumulative petrol subsidy bill from August 2023 will hit N6.884 trillion by December 2024 — leaving the national oil company unable to remit N3.987 trillion in taxes and royalties to the federation account.

 

TheCable could not confirm the total amount of dividends to be withheld or suspended.

NNPC is expected to pause the payment of interim dividends for eight months this year — from May to December.

Interim dividends — based on inflow projections — are usually remitted monthly into the federation account and shared by the three tiers of government while the final dividends are paid at the end of the year after reconciliation.

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Under the Petroleum Industry Act (PIA), the NNPC is obligated to pay taxes and royalties as well as dividends to the federation, its sole shareholder.

‘SAVE OUR SOUL’

In June 2024, NNPC had cried out to Tinubu that the subsidy payments were negatively impacting its cash flow and it was struggling to remain a “going concern”.

The company said it might not be able to sustain petrol imports because of the ballooning subsidy bill, which it blamed on “forex pressure”.

 

TheCable understands that Mele Kyari, the group CEO of NNPC, informed the president that when subsidy was removed in June 2023, it led to monthly savings of N400 billion to the federation.

This, he said, enabled the company to remit its taxes and royalties totalling N2.032 trillion into a sequestered account at the Central Bank of Nigeria (CBN) as at January 2024.

Kyari said the development was short-lived with the devaluation of the naira which led to month-on-month escalation in the NAFEX exchange rate.

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In August 2023, NNPC moved from surplus to negative in fuel importation costs, incurring a subsidy bill of N52.73 billion.

This increased to N57.59 billion in September and N212.28 billion in October before ballooning to N665.60 billion in November, when exchange rate had more than doubled from the time subsidy was removed.

 

The bill fell slightly to N537.66 billion in December before hitting a new high of N693.67 billion in January 2024.

The bill dropped to N592.09 billion the following month and N497.39 billion in March before rising again to N833.68 billion in April, forcing Kyari to send an SOS to the president.

 

He said the situation had continued to exert “undue pressure” on the NNPC, leading to its inability to remit royalties and taxes into the federation account.

Kyari further said national energy security was being threatened as the NNPC might not be able to sustain petrol imports “beyond July 2024”.

 

ALL EFFORTS NOT WORKING

In making his case to the president, Kyari said NNPC had implemented a number of strategies between August 2023 and April 2024 but the situation was getting out of hand.

The strategies included improving oil production by fighting theft and vandalism, debt rescheduling/forward sales, payment deferrals to suppliers and contractors, deferrals of non-critical projects, and debt recovery.

However, the situation was still not looking good as projections showed a consistent increase in cash flow deficit mainly because of the exchange rate.

Whereas an estimated N3.987 trillion in taxes and royalties will be due the federation account by December 2024, NNPC said it will still be owed N2.897 trillion after reconciliation of its obligations and subsidy shortfall.

Kyari requested that Tinubu should approve the utilisation of the final dividends due the federation for 2023 and deferment of the remaining interim dividends for 2024 to defray the subsidy costs.

The president approved Kyari’s request on June 6, 2024, TheCable understands.

FINALLY, AN ADMISSION OF ‘SUBSIDY’

When TheCable reported in August 2023 that Tinubu was mulling the return of subsidy, Ajuri Ngelale, his spokesman, immediately issued statement to deny the story, saying there was no going back on the new policy.

However, in official communication between NNPC and the president, the word “subsidy” is now liberally used.

It is thought that the government of the All Progressives Congress (APC) seeks to distance itself from the use of the term because “subsidy scam” was one of the campaign weapons it used to dislodge the Peoples Democratic Party (PDP) from power in 2015.

The Muhammadu Buhari administration used “under recovery” in place of “subsidy”, although it started using “subsidy” liberally years later.

The official position of the Tinubu administration remains that “subsidy is gone” — although NNPC projects that it will gulp at least over N5 trillion this year alone.

Petrol subsidy was removed in June 2023 when the exchange rate was N463/$ but it is now about N1,500/$, while crude oil prices have also been high, thereby making it a “doubly whammy” for NNPC.

To keep petrol price within the N600-N700 per litre range, NNPC uses a “derived FX rate” .

The gap between that rate and the official rate is the subsidy/FX differential.

The family of one Mr Okechukwu Ani, Onungeneoma Ugbuawka in Nkanu East LGA of Enugu State has accused the Police in Enugu State of shielding some suspects allegedly involved in child trafficking.

In a petition dated August 5, 2024, addressed to the Inspector General of Police through their lawyer, Samuel Abazie, the family accused the Enugu State Police Command of releasing the suspects allegedly linked to the abduction and selling of their child.

According to the lawyer, “It is the case of our client that his son, Master Godwin Ani, was kidnapped by Mr. Peter Chiadikaobi Igiri, who is currently awaiting trial at the Enugu Custodial Centre of the Nigeria Correctional Services (the prisons).

”During investigations, Mr. Peter Chiadikaobi Igiri confessed that he soId Master Godwin Ani to Mrs. Caroline C. Ani who in turn sold the child to an unknown person.

“According to our client, Mrs. Caroline C. Ani was released on bail upon arraignment mainly because there was no evidence linking her to the crime since she denied not to have any dealings with Mr. Peter Chiadikaobi Igiri who is linking her to the crime and also because of how highly connected she is.

“However, during the course of interrogations, it was discovered that Mr. Peter Chiadikaobi Igiri has maintained a business relationship as a kidnapping and child trafficking syndicate with Mrs. Caroline C. Ani, who together have successively sold countless children.

“After the release of Mrs. Caroline C. Ani on bail, investigations revealed that Mr. Chiadikaobi Igiri,within the same time he kidnapped and sold Master Godwin Ani, also dispossessed his own wife of their three Children (Two female and one male) and sold them together with Master Godwin Ani to Mrs, Caroline Ani who in conjunction with Mrs. Chinelo Nwosu who resides and works at the University Teaching Hospital Port Harcourt and Mrs. Ebere Ani, as it is usual with their business,sold the children to yet-to-be-identified traffickers.”

“Further during investigations, it was discovered that one Mrs. Chibuzo Iheoma Okereke,who is a nurse at the Nursing Unit of the University Teaching Hospital Port Harcourt, paid the sum of N850,000 (Eight hundred and fifty thousand) naira only, to the account of Mrs. Caroline Ani as payment for selling the youngest baby (3 months) of the kidnapped children to her. The said money was discovered in the statement of account of Mrs. Caroline C. Ani which is with the Police.

“The said 3 months baby, whose name is Chimsidili Igiri the last born of Peter Igiri,was recovered from Mrs. Chibuzo Iheoma Okereke at University Teaching Hospital Port Harcourt, and the latter has confessed to buying the child from Mrs. Caraline Ani. She (Chibuzo Iheoma Okereke) was also arrested with Mrs. Chinelo Nwosu, the daughter of Mrs. Caroline Ani and who acts as liaison between Mrs.Caroline and her prospective buyers from Port Harcourt,” he further alleged.

The lawyer told the IGP that notwithstanding the alleged gamut of evidence linking Mrs Caroline C. Ani to the crime, the police in Enugu State “refused to re-arrest Mrs. Caroline C. Ani, and Mrs. Ebere Ani, her daughter in-law, who was identified by Mrs. Chibuzo Iheoma Okereke to have transported the kidnapped children, including the son of our client, Master Godwin Ani, from Enugu to Port Harcourt.

“Regrettably, it turns out that Mrs. Caroline C. Ani who sold master Godwin Ani is equally a person of means and notable amongst the nobles in Enugu State.”

He said it would be against public policy and may engender public displeasure should Mrs. Caroline C. Ani and Mrs. Ebere Ani be allowed to go scot-free.

The family urged the IGP to order the immediate re-arrrest of the said suspects “based on the new evidence against them in the docket and knowledge of the police.”

Meanwhile, DAILY POST reached out to the Public Relations Officer of the Enugu State Police Command, DSP Daniel Ndukwe for reaction.

He asked: “Who’s the petition written to”, with DAILY POST responding “IGP”.

Ndukwe made no further reaction as of the time of filing this report.

[DailyPost]

Victor Osimhen is set to snub Chelsea and wait for long-time Paris Saint-Germain, who are now ready to make a final decision on his transfer, PUNCH Sports Extra reports.

The Blues have been seeking the signature of the Nigeria international all summer but were initially rebuffed by Napoli, with the 2022/23 Serie A champions insisting that his £113m release clause must be paid in full.

The 25-year-old is said to be ranking prominently on their wish list to lead their line during the 2024/25 season.

The Lagos-born is one of the most sought-after strikers in Europe, having been linked with moves to Chelsea, Arsenal, Paris Saint-Germain, Manchester United, and Liverpool, among others, following impressive seasons with Napoli.

Despite the departure of Kylian Mbappe to Real Madrid, PSG remained silent on their pursuit of Osimhen, being also reluctant to meet the hefty £113m asking price for the striker and were happy with the duo Goncalo Ramos and Randal Kolo Muani.

Osimhen was believed to be keen to test himself in the Premier League after making a name for himself in Serie A with Napoli and in Ligue 1 with Lille, whose rivals Paris Saint-Germain were formerly thought to be Chelsea’s main contenders.

However, according to journalist Florian Plettenberg—via The Sun—Osimhen instead has his heart set on joining the French champions, who could now reignite their interest due to a serious injury to one of their strikers.


PSG are expected to rekindle their search for a new striker before the transfer window closes after Goncalo Ramos sustained a severe ankle sprain 20 minutes into Les Parisiens’ opening Ligue 1 game against Le Havre on Friday.

The Portuguese will be out for around three months following surgery, and Osimhen is prepared to wait until the ‘eleventh hour’ to seal his dream move to Paris.

With the latest development, Chelsea’s proposed triple swap deal for the Nigerian has supposedly been plunged into fresh doubt.

Osimhen has amassed 76 goals and 18 assists in 133 matches for Napoli in all competitions since 2022, but he has been frozen out of the squad after it was reported that he requested to leave this summer.

Antonio Conte’s side began their 2024-25 Serie A campaign with a 0-0 draw at the Stadio Bentegodi on Sunday against Hellas Verona.

Wunmi, the wife of the late Nigerian singer Mohbad, has broken her silence amidst the swirling controversies surrounding her husband’s tragic passing.

In a statement, she addressed the scathing accusations made by her sister, Karimot, who had previously been her staunch defender.

Karimot’s sudden about-face had shocked many, as she accused Wunmi of having a hand in Mohbad’s death, alleging a heated altercation between the couple on the day of his death. Moreover, Karimot claimed that Wunmi had stolen Mohbad’s phone from his mother and refused to return it.

 

In response, Wunmi vowed to take legal action against her sister, asserting that she would not engage in public debates or defend herself on social media. Instead, she would focus on defending her truth in a court of law.

With a heavy heart, Wunmi expressed her gratitude to those who have stood by her during this difficult time. She emphasized that she has endured false and despicable accusations from various quarters, including family, friends, and strangers. Despite the pain, she has chosen to accept this situation as part of her journey.

Wunmi noted that her primary concern is to protect the memory of her late husband, Mohbad. She implored his friends and loved ones to refrain from speaking ill of him, as it would be a disservice to his entire family. She begged them to remember him with love and respect, rather than tarnishing his memory with negativity.

Her post read in part:

 

“I want to express my deepest gratitude to each of you for standing by me during this difficult time. As many of you know, I have endured a great deal of despicable and false accusations from various quarters—family, friends, and even strangers.

Despite the pain, I have chosen to accept this unfortunate situation as a port of my journey.

I want to make it clear that I will not engage in public debates or attempt to counter the lies being spread about me. My focus will be on defending my truth in the court of law, not on social media. However, I must speak up on behalf of Ilerioluwa, who is no longer here to defend himself.

friend of mine and Liam’s, to refrain from speaking ill of my husband. I beg you, with all that you hold dear, not to tarnish his memory.

Disrespecting llerioluwa in his death is showing disdain for his entire family. Anyone who truly loved him would……………”

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As the severe petrol shortage in Nigeria extends into its sixth week, the Nigerian National Petroleum Company Limited (NNPCL) has once again attributed the situation to “distribution challenges.”

This is the third major fuel scarcity episode in 2024, beginning in early July. Initially, the NNPCL explained the shortage as a result of logistics issues involving the transfer of petrol from mother vessels to daughter vessels.

 

The company cited the disruption of ship-to-ship (STS) transfers due to recent thunderstorms and adverse weather conditions.

These conditions, according to NNPCL, affected berthing at jetties, truck load-outs, and the transportation of petrol to filling stations, disrupting the supply chain.

In a previous statement, the NNPCL highlighted the flammability of petroleum products and compliance with the Nigerian Meteorological Agency (NIMET) regulations, which made it impossible to load petrol during rainstorms and lightning.

However, as the fuel scarcity continues without any sign of resolution, the NNPCL released another statement on Sunday expressing regret over the ongoing crisis.

The company’s Chief Corporate Communications Officer, Olufemi Soneye, acknowledged the “tightness in fuel supply” in parts of Lagos and the Federal Capital Territory (FCT) and attributed it to distribution challenges.

He urged motorists to avoid panic buying, assuring that the company is working around the clock with relevant stakeholders to restore normalcy.

Soneye said: “The NNPC Ltd regrets the tightness in fuel supply witnessed in some parts of Lagos and the FCT, which is as a result of distribution challenges.

“The Company further urges motorists to shun panic buying as it is working round the clock with relevant stakeholders to restore normalcy.”

Independent marketers have reportedly raised pump prices to ₦950 per liter, up from ₦720 per liter before the shortage began.

The departure of numerous multinational corporations from the country due to the challenging operating environment has raised concerns about the potential exacerbation of youth unemployment, HENRY FALAIYE writes

Nigeria, Africa’s most populous country, boasts a youthful demographic, with nearly 70 per cent of its population under the age of 30. This demographic advantage is often seen as a potential driver of economic expansion. Yet, the actual circumstances reveal a more complex and challenging reality.

In recent years, Nigeria’s economic indicators have suggested a cautiously optimistic outlook, with data indicating a drop in the unemployment rate and fuelling discussions of economic progress.

However, a deeper investigation uncovers a troubling contradiction: a significant portion of Nigerian youths remain unemployed, and lack requisite skills.

 

This phenomenon, despite the reported fall in joblessness, is a cause for deep concern, signalling a crisis that could have long-lasting effects on the country’s socio-economic fabric.

Despite recent reports indicating a decline in the country’s unemployment rate from 33.3 per cent in 2021 to 32.5 per cent in 2023, the number of young people who are neither working, studying, nor undergoing training has continued to rise.

The Manufacturing Association of Nigeria reported that 767 manufacturing companies shut down and 335 experienced distress in 2023 due to various economic difficulties, including rising inflation, exchange rate volatility, and a worsening investment climate.

 

According to an economist and former Director of Research and Advocacy at the Lagos Chamber of Commerce and Industry in Nigeria, Dr Vincent Nwani, the exodus of multinationals from the Nigerian economy has cost the country a N94tn loss of output in five years.

Nwani said, “If things continue this way and I don’t see anything being done to cause insecurity to stop, illegal taxation, corruption, and uncertainty of foreign exchange rendering companies unable to hedge risk, then I see at least 10 more notable names (of multinationals) that will go. We already have five by the end of May.”

Meanwhile, the youth unemployment dilemma stems from several underlying issues. Firstly, a decreasing unemployment rate does not equate to a surge in job opportunities. Instead, it often signals a drop in the number of individuals actively seeking employment, either because of discouragement or a move into informal, underpaid work that is not captured by official statistics.

The underemployment rate, which measures people working less than 40 hours a week or in jobs below their skill level, has remained high, indicating that many youths are stuck in unstable employment that offers little security or prospects for advancement.

According to the National Bureau of Statistics’ ‘Nigeria Labour Force Survey Q2 2023’, in Q2 2023, Nigeria’s labour force participation rate among the working-age population was 80.4 per cent, with an employment-to-population ratio of 77.1 per cent.

It mentioned that the combined rate of unemployment and time-related underemployment stood at 15.5 per cent, while the unemployment rate was 4.2 per cent, a slight increase from 4.1 per cent in Q1 2023. Self-employment remained dominant, with 88.0 per cent of workers engaged in it, and only 12 per cent were in wage employment.

One of the primary causes is the mismatch between the education system and the labour market. Many Nigerian youths graduate from secondary schools and universities with qualifications that do not align with the demands of the modern economy.

 

Also, the curriculum in many institutions is outdated, focusing on theoretical knowledge rather than practical skills that are in high demand. As a result, graduates often find themselves ill-equipped for available jobs, leading to frustration and a sense of hopelessness.

Moreover, the high cost of education in Nigeria is a significant barrier for many young people. The rising cost of tuition, coupled with the economic hardships faced by many families, means that many youths are unable to afford higher education or vocational training.

The unemployment crisis is worsened by the lack of job opportunities for young people. Although Nigeria’s economy, is heavily reliant on the oil sector, it offers limited employment.

Other sectors like agriculture and manufacturing are underdeveloped, and the private sector struggles with poor infrastructure and limited credit access. As a result, many young people are left with few viable options for meaningful employment.

The lack of purpose and direction can lead to increased involvement in criminal activities, including drug abuse, armed robbery, and internet fraud, which are already prevalent in some parts of the country.

Moreover, the disillusionment and frustration among these youths can fuel political instability and violence, as they become easy targets for radicalisation and recruitment by extremist groups.

The phenomenon in Nigeria is also gendered, with young women disproportionately affected. Cultural norms and gender biases often limit the opportunities available to girls and women, particularly in rural areas.

 

Also, many young women are forced into early marriages or domestic responsibilities, which curtail their access to education and employment.

Experts have warned that the consequences of the growing NEET (not in education, employment, or training) population are dire. Youths who are not engaged in productive activities are more likely to experience poverty, social exclusion, and mental health issues.

Speaking with The PUNCH, a human resources consultant, Mr Tolu Adedayo, said, “As the former President Buhari Muhammadu stated, Nigeria is sitting on a keg of gunpowder. We have a high level of unemployed youth coupled with a high inflation rate, especially food inflation. It is a big problem and we have not seen a definite plan from the government to roll out an employability plan so that these youths can be absorbed and given meaningful employment.”

He stated that one of the cushioning effects would be the entertainment industry, which has engaged thousands of youths to keep them busy and that religious organisations were also providing a cushioning effect to reduce the spate of restiveness.

According to Adedayo, these are not solving the unemployment challenge, they are just cushioning their restiveness.

He explained that the macroeconomic factor regarding the number of youths is a major concern. “It is a red flag that, if not addressed, could lead to more serious consequences such as a high crime rate, fraud, and insecurity, among other things,” he stated.

He noted that though the Federal Government was trying to provide palliatives, they would not go a long way because they were just a temporary measure.

 

“Unfortunately, the palliatives are not even going around and even if they get to the right people, how long will they last? Which is not realistic, sustainable and effective considering the long-term effect.

“The government should just declare a state of emergency when it comes to unemployment so that all hands will be on deck. Many of our youths are quite enterprising, so the government can start supporting them with soft loans and grants to engage them and enable them to start something,” he posited.

He added that the government should roll out a comprehensive employment plan or train them with skills acquisition, which are in demand right now, like technical skills and vocational skills. A lot of graduates who have a basic foundation will require some of this training to upskill and be able to get employed and generate income.

“Many of the training and courses received from schools are no longer relevant to what the job market demands right now. At the same time, the government must rejig and review our curriculum across the board, starting from primary schools to tertiary institutions and make it contemporary to meet global best practices because Nigeria is far behind looking at the community of nations,” Adedayo remarked.

Experts have also suggested that youths could be deployed to areas like sports, agriculture, and manufacturing, where the country has strengths to make them productive and contribute to the economy.

The rising number of Nigerian youths who are not in employment, education, or training is a ticking time bomb that requires urgent and comprehensive action. Addressing this crisis will require a multi-pronged approach that involves government, the private sector, civil society, and international partners.

First and foremost, there is a need to reform the education system to make it more relevant to the needs of the labour market. This includes updating curricula, promoting vocational and technical education, and fostering stronger links between educational institutions and industries. By equipping young people with the skills required in the modern economy, they will be better prepared to secure decent jobs and contribute meaningfully to society.

Furthermore, the government must prioritise job creation, particularly in sectors that have the potential to absorb large numbers of workers, such as agriculture, manufacturing, and information technology. This will require investment in infrastructure, improving the ease of doing business, and providing incentives for private sector growth.

Additionally, expanding access to education and training for all youths, regardless of their socio-economic background, is crucial. This can be achieved through policies that reduce the cost of education, provide financial aid, and create more opportunities for vocational training and apprenticeships.

More so, it is essential to address the gender disparities that contribute to the NEET crisis. Empowering young women through education, skills development, and access to economic opportunities will not only reduce the NEET rate but also drive broader societal progress.

Also, HR Analyst Victor Oyesina, said, “Nigeria must urgently address youth unemployment by revamping its education system to focus on practical skills that match market demands. The government should aggressively promote entrepreneurship by providing easier access to funding, reducing bureaucratic hurdles, and fostering innovation hubs across the country.”

According to Oyesina, massive investment in digital infrastructure and technology-driven industries is essential to creating sustainable, high-impact jobs.

Meanwhile, he explained that establishing strong partnerships between the government, private sector, and international organisations could help scale up efforts and ensure the long-term success of those initiatives, providing a clear pathway to economic stability for the nation’s youth.

He asserted that tackling corruption and creating a business-friendly environment would attract significant investment, driving large-scale job creation for the youth.

 

“Tackling youth unemployment in Nigeria also demands implementing extensive public works and infrastructure projects that can quickly employ a large number of young people,” he added.

However, Oyesina mentioned that the rising youth population in Nigeria, despite a falling unemployment rate, is a clear indication that the country’s youth were being left behind in the march toward economic development.

“If left unaddressed, this crisis could have severe consequences for Nigeria’s future, threatening social cohesion, economic growth, and political stability.

“All stakeholders must come together to tackle this issue head-on, ensuring that every young Nigerian has the opportunity to build a better future for themselves and their country,” he emphasised.

Adedeji Adeleke, father of Afrobeats star Davido, has made a whopping contribution of N1 billion to the Centenary Endowment Fund of a Cherubim and Seraphim (C&S) Church in Lagos.

The announcement was made during a thanksgiving service on Sunday at the church’s headquarters in Lagos, held in memory of his late mother, Esther Adeleke.

 

Adeleke expressed that the donation was made in honor of his mother, the late Mrs. Esther Adeleke, who was a revered figure in the C&S Church.

“On behalf of our late mother, senior mother in Israel, late Mrs. Esther Adeleke, we want to contribute to the centenary endowment fund, the sum of N1 billion,” he stated.

Esther Adeleke, originally from Akwete in Ukwa East Local Government Area of Abia State, was the founder of a C&S Church in Ede, Osun State. She held the esteemed title of Senior Mother-in-Israel within the church, a role now carried on by her daughter, Modupe Adeleke-Sanni.

This generous donation underscores the Adeleke family’s deep ties to the church and their continued commitment to preserving Esther Adeleke’s legacy.