The Ebonyi government has launched its roadmap for human capital development to cover its second tenure of 2019—2023.
Commissioner for Human Capital Development and Monitoring Uchenna Orji stated this on Wednesday in Abakaliki, during activities to mark his his assumption of duties after being re-appointed for the position.
Orji described human capital development as a catalyst for economic development and driver of economic growth, which would be aggressively tackled in the next four years.
“We shall aggressively embark on human development through entrepreneurship and industrialisation in collaboration with the private sector for them to empower people.
“We shall closely move with the Central Bank of Nigeria (CBN) Bank of Industry (BOI), Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), World Bank, Development Partners, commercial banks, among others,” he said.
The commissioner said that the government would embark on aggressive documentation and data capturing of artisans, technicians, craftsmen, poultry, fish farmers and those involved in entrepreneurship and Micro, Small and Medium Skills Enterprises (MSMEs).
“We shall drive the 2019 budget with passion and develop strategies and implementation plans for the empowerment of 100 youths and women with also not less than N1 million each to the MSMEs.
“The government intends to empower five fish farmers and five poultry farmers per political ward and a consultant shall be engaged to assist us in this regard.
“We shall further drive the Ebonyi State Development Project (EB—SDP) to ensure that no fewer than 10 people per ward are empowered through this project,” he said.
He said that the ministry would continue with the programmes embarked on during the last tenure and develop its hall of fame programme to make it an African model.
“I thank the ministry’s staff members for their cooperation and resourcefulness. I urge them to redouble their efforts to make this second sojourn a remarkable success,” he said.
On his part, Mr Enyinnaya Egwu, Permanent Secretary Designate of the ministry, congratulated the commissioner for his re-appointment to oversee the ministry and pledged the loyalty of its management and staff.
“Your resourcefulness and dedication to duty made the governor announce your re-appointment even before the dissolution of the former state Executive Council,” he said.
Mr Stephen Icho, Acting General Manager of the Community and Social Development Agency (CSDP) pledged the cooperation of the agency to ensure that the commissioner achieved his goals for the ministry.
Nigeria News Agency reports that the resumption ceremony was preceded by a Holy mass officiated by Rev. Fr. Kenneth Nome of St. John’s Catholic Parish, Okpaugwu, Abakaliki.
Oil prices slide as U.S.-China trade war escalates
Oil prices slide as U.S.-China trade war escalates
London, Aug. 23, 2019 Oil prices fell sharply on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods, marking the latest escalation of a protracted trade dispute between the world’s two largest economies.
Brent crude futures LCOc1, the international benchmark for oil prices, fell 88 cents to $59.04 a barrel by 1327 GMT.
U.S. West Texas Intermediate (WTI) crude futures CLc1 slid by $1.33 to $54.02.
“Policymakers and investors remain cognisant of the economic headwinds that are gathering force, given that the U.S.-China trade conflict threatens to drag on for longer,” said FXTM market analyst Han Tan.
China’s commerce ministry said it would impose additional tariffs of five per cent or 10 per cent on a total of 5,078 products originating from the U.S., including agricultural products such as soybeans, crude oil and small aircraft.
Market attention was also focused on a speech by U.S. Federal Reserve chief, Jerome Powell, at a meeting of global central bankers at Jackson Hole, Wyoming, hoping for news on whether it would cut interest rates for a second time this year to boost the U.S. economy.
Meanwhile, St. Louis Federal Reserve Bank President, James Bullard, said policymakers would have a “robust debate” about cutting U.S. interest rates by half a percentage point at their next policy meeting in September.
Harry Tchilinguirian of BNP Paribas said the market had some other bearish data, noting a rise in Saudi Arabian oil exports, while Russia’s crude output moved above its quota under an OPEC+ agreement.
He also pointed to Russian oil major, Rosneft, helping to ship Venezuelan oil to China and India.
OPEC, Russia and other producers have, since Jan. 1, implemented a deal to cut output by 1.2 million barrels per day.
The alliance, known as OPEC+, renewed the pact in July, extending the curbs to March 2020 to avoid a build-up of inventories that could hit prices.
Iran’s foreign minister said talks held on Friday with French President Emmanuel Macron about a landmark 2015 nuclear deal were “productive”.
Iran has said it would scale back compliance with the pact unless the Europeans find a solution enabling Tehran to sell its oil despite U.S. sanctions. (Reuters/NAN)
Ondo govt. pledges support to market women
By Alaba-Olusola Oke
Mr Olatunji Ifabiyi, the Special Adviser to Gov. Oluwarotimi Akeredolu on Commerce, Industry and Cooperative Services, stated this at a meeting with market women who paid him a courtesy visit in his office in Akure.
Ifabiyi commended the market women on the “civilised manner” in which they conducted themselves inspite of the challenges being faced in their various markets.
Ifabiyi, who noted that the market as a sector was indispensable, described it as complementary to the growth and development of the economy.
The Special Adviser said he had taken into cognisance all their complaints and challenges on security, maintenance, electricity and good road network.
He promised to look into all the issues with a view to proffering lasting solutions to them.
Olatunji, therefore, enjoined the market women to continue to support the present government in order to reap more dividends of democracy.
In his remarks,Mr Sunday Lebi, the Permanent Secretary in the ministry, lauded the visitors for showing maturity in handling their grievances within the market place.
Lebi said that market women had come of age in terms of decision making and conduct in the market place.
He assured them that all their complaints and requests would be addressed as soon as possible.
Speaking earlier, Chief Iwalola Adefemiwa, the Iyaloja General of Ondo State, commended the Special Adviser for giving them audience in spite of a short notice.
Adefemiwa, who led other sectional market leaders to the meeting, said the meeting was imperative in order to intimate the state government with some challenges being faced in various markets in the state, particularly in Ondo Kingdom.
The Iyaloja listed some markets that needed government urgent intervention to include Surulere, Agbogbo-Oke, Lipakala and Moferere, all in Ondo town.
She thanked the Oluwarotimi Akeredolu-led administration for its support borne out of love for the entire market women in the state.
Adefemiwa pledged the women’s unalloyed support to the government at all times.
Agency assures clean, portable water in Cross River
Mr Asuquo Ada, the Managing Director, Cross River Water Board Limited has restated determination of the agency to provide clean and portable pipe borne water to people of the state.
Ada who said this while speaking with newsmen in Calabar on Friday, said the company would soon extend its operations to the production of bottle water to boost its marketing strategy
According to him, the bottle water will be of high quality and affordable to meet the needs of its consumers.
“I want to assure Cross Riverians of our commitment to produce and distribute clean pipe borne water across the state,’’ Ada said.
The managing director said the board was working toward achieving Gov Ben Ayade’s Blueprint for the water sector in the state.
He expressed appreciation to the governor for the support given to the board, adding that it had been instrumental to its success so far.
Ada urged consumers in Calabar and environs to complement government’s effort by paying their bills promptly.
Help facilitate long-term loans for farmers, Kwara urges CIBN
By Toba Ajayi
Mr Kayode Alabi, the Deputy Governor of the state, made the call in Ilorin on Friday when a delegation from CIBN led by its Chairman, Mr Ababe Abdusalam, visited him.
The deputy governor urged banks to exhibit more creativity in policy formulation to encourage investment in farming.
“Long term loans will encourage farmers and other investors to embark on long term projects. The CIBN should take more risks for farming to thrive.
“I advise the institute to come up with affordable loan plan that will enable farmers and other small scale businesses to thrive in the state,” he said.
Alabi pledged the support and cooperation of the state government to the institute, saying, “we can replicate the rice farming system in Kebbi if banks will support us,”’
“As a state, we have the wherewithal to develop the agriculture sector with the help of other stakeholders such as financial institutions.
“We believe that farming is the way out of poverty, we need the support of relevant stakeholders,” he said.
He also urged the institute to evolve ways of tackling fraud and penalising bank officials who aid financial fraud.
In his remarks, Abdulsalam said the visit was to congratulate and identify with the new government in the state.
“We also wish to use the opportunity to pledge our willingness to work with the government toward boosting economic activities in the state.
“As manager of resources and custodian of economic development, the CIBN will continue to advise the government on workable policy initiatives that will bring positive results,” he said.
Recruitment: Physically challenged applicants take demand to Customs
The Association of Physically Challenged Applicants and Workers (APCAW) on Friday visited Nigeria Customs Service (NCS) demanding for slots in the ongoing recruitment by the service.
The President of the association, Mr Godstime Onyegbulam, told the Nigeria News Agency that they were at the customs headquarters to plead, to consider his members in the employment.
Onyegbulam explained that some of the members of the association applied for the job vacancies recently advertised by the service.
NAN reports that the NCS began recruitment process in April, this year, to fill 3,200 vacancies of professionals in the service.
The president said most of his members were graduates hence the need to be considered in the exercise in order to be part of the system to contribute their quota.
The Public Relations Officer of the customs, Mr Joseph Attah, who received the physically challenged applicants, pledged to look into their request.
Attah assured that their request would be taken to the appropriate authority with a view to addressing it.
He advised those that applied to come and submit their printed slips at the customs’ headquarters for screening.
Edited by Muhammad Suleiman Tola