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Greenwich Merchant Bank partners PSRG-Richardson on sustainability for inclusive growth

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Greenwich Merchant Bank Ltd and PSRG-Richardson have partnered on the key strata of sustainability – health, safety, security and the environment to drive the nation’s economy towards robust and inclusive growth.

 

This was disclosed in a press release signed and made available by the Head, Corporate Communications of the Institution, Ozena Utulu yesterday.

 

Speaking on the sidelines of the 2024 PSRG-Richardson HSSE Forum 16th Edition, in Lagos, the Chairman of Greenwich, Mr. Kayode Falomo explained that with the complex challenges in the nation, partnerships are important for the growth and development of the economy.

 

According to him, at Greenwich Merchant Bank, we value the collaboration and the benefits that our strategic partnerships bring to the Nigerian economy whilst we are conscious of the importance of health, safety, security and the environment to the overall socio-economic well-being and wealth of nations.

 

“At GMB, we understand that our business activities and operations impact on the environment and the society in which we operate. Hence, our sustainability approach has been tailored to proactively incorporate sustainability principles into our business dealings with our clients as well as our internal practices and operations. This approach has enabled us to effectively manage the environmental and social risks associated with our business interactions and internal operations.

 

“We have consequently made Healthcare a central part of our CSR focus. Through our Foundation, the Greenwich Foundation, we will continue to make critical investments in healthcare infrastructures, institutions, delivery systems etc. towards ensuring a healthy population and society,” Falomo stated.

 

He disclosed that the pre-eminent merchant institution collaborates with clients, alliance partners, NGOs, industry groups, suppliers, and others on sustainability initiatives.

 

To further explain this, the chairman says, “to achieve this goal, the Board has approved a plan to ensure collaboration with clients, alliance partners, NGOs, industry groups, suppliers, and others to: increase demand for responsible products and services, remove roadblocks that get in the way of enacting change and support efforts geared at creating innovative climate solutions at a systems and operations level.”

 

Addressing the theme for this year’s forum, titled, “Unlocking Economic Prosperity in Nigeria: Bridging the Gaps, the CEO of Richardson Oil and Gas Ltd, Akin Osuntoki said Nigeria’s path to prosperity was hindered by several key challenges like inadequate infrastructure which limits economic efficiency; security issues that disrupt business and deter investments; over dependence on oil, which makes the economy vulnerable to global market fluctuations; and the dysfunctional Educational system that has resulted to skills gap affecting workforce productivity.

 

According to Osuntoki, to unlock prosperity, Nigeria must undertake a multifaceted approach to address the challenges.

 

He hinted on the need to prioritize investment in infrastructure, economic diversification, reformation of the educational system, strengthening governance, concretize security issues and leveraging Nigeria’s strategic location to enhance regional trade and economic cooperation to further boost growth and development.

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How Mojisola Meranda Allegedly withdrew N5bn from LSHA account days after becoming speaker

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Mudashiru Obasa, the speaker of the Lagos State House of Assembly, is embroiled in a fresh dispute with his deputy, Mojisola Meranda, for allegedly authorising the withdrawal of N5 billion from the assembly’s account just days after taking office.

The move came in the wake of her brief stint as speaker following a short-lived impeachment in January.

According to sources familiar with the unfolding drama, the fresh conflict between Obasa and Meranda centers around her approval to disburse the N5 billion for the purchase of 40 units of 2025 Toyota Land Cruiser SUVs, one for each of the 40 lawmakers.

This newspaper gathered that the purchase was made just days after Meranda was sworn in as Lagos State’s first female speaker on January 13.

“Another serious crisis is brewing in the Lagos Assembly,” a source revealed.

“Mr. Obasa is furious that Meranda didn’t even wait for weeks before withdrawing N5 billion to buy 40 Land Cruisers for lawmakers after replacing him as speaker.”

Obasa, who had plans for the same vehicle purchase before his impeachment, was re-elected as speaker on March 3 following the intervention of President Bola Tinubu.

Upon his return, Obasa immediately began pressuring Meranda to return the N5 billion, claiming that she had no authority to make such a large disbursement from the assembly’s account.

Meranda’s tenure as speaker lasted just 49 days before she was forced to resign, following intense pressure from President Tinubu and the Lagos APC leadership to restore Obasa to his position.

Sources revealed that before his removal, Obasa had already planned to disburse N7 billion to purchase 45 units of Toyota Fortuner SUVs, intending to give one to each of the 40 members of the Lagos House of Assembly, one for the House clerk, and the remaining vehicles for himself. However, Meranda’s approval of the N5 billion purchase has now disrupted these plans.

“As soon as Obasa was reinstated as speaker, he began putting pressure on Meranda to return the N5 billion used to purchase the Land Cruisers,” one source explained.

“Obasa was about to finalize plans to disburse N7 billion for 45 Toyota Fortuner SUVs, but Meranda’s actions have thrown those plans into disarray.”

In response, Obasa has demanded that Meranda return the 40 vehicles already purchased, a request that has sparked resistance from lawmakers.

Many of the lawmakers, who had opposed Obasa’s return to power, are refusing to hand back the new Land Cruisers in exchange for the older Toyota Fortuner models.

“Obasa is not backing down,” a source said. “He’s insisting that Meranda and the other lawmakers immediately return the Land Cruisers, but they are refusing. They don’t want to give up the latest model of Land Cruisers for the older 2020 Fortuner vehicles, and this is creating more tension in the assembly.”

The dispute continues to escalate, as the standoff between Obasa and Meranda threatens to deepen divisions within the Lagos State House of Assembly.

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Tingo AI: The First AI-Driven Innovation Hub in Africa

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Campus Comprehensive College, Lagos Students Dive into the World of AI and Robotics at Tingo AI’s Educational Tour

 

 

Tingo AI, Africa’s leading artificial intelligence research and innovation center, hosted an interactive and inspiring educational tour for students from [SCHOOL NAME]. The visit was designed to introduce students to the real-world applications of AI, robotics, and automation, providing them with an early glimpse into the future of technology.

 

The students participated in hands-on activities and discussions that explored AI’s impact on education, business, entertainment, and public services. The engaging session included:

 

✅ AI for Everyday Life: Students saw live demonstrations of how AI enhances industries like healthcare, finance, and creative arts.

✅ Robotics Challenge: Teams designed and programmed robots to complete problem-solving tasks, sparking their creativity.

✅ AI Ethics & Innovation Discussion: Experts engaged students in thought-provoking conversations about the future of AI and ethical technology use.

✅ Career Pathway Insights: Students learned about exciting AI-related career opportunities and the skills required for success in the digital economy.

 

Tingo AI’s visionary founder, Dozy Mmobuosi, also shared his enthusiasm about empowering young minds with AI knowledge, stating:

“Exposing students to AI early is critical for Africa’s technological future. Today’s youth are tomorrow’s innovators, and experiences like this help shape a new generation of tech leaders.”

 

The visit reinforced Tingo AI’s commitment to bridging the gap between AI education and practical application, ensuring that students across Nigeria have access to cutting-edge knowledge and inspiration.

 

Stay connected with us @tingoai_ for more groundbreaking innovations and educational experiences.

 

#TingoAI #AIinAfrica #FutureLeaders #ArtificialIntelligence #TechRevolution #DozyMmobuosi #NextGenTech #InnovateAfrica #AIForEducation

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Senate advises Natasha to obey rules as she refuses to stand up for Akpabio’s entrance

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The Senate on Thursday advised Kogi Central senator, Natasha Akpoti-Uduaghan to respect and obey the rules and orders of the legislative institution.

Rising on Order 55(1), the Chief Whip of the Senate, Mohammed Monguno pointed out that “it is the Rules and Order of the Senate that when the Senate President is being ushered into the chamber by the Sergeant-at-arms, all senators must stand up”.

The chief whip regretted that Natasha disrespected the Rules and Order of the Senate on Wednesday and Thursday by refusing to stand up like other senators, as required, when Akpabio entered the chamber.

He called on the female lawmaker to abide by the rules, irrespective of any circumstances, noting that the institution must be protected at all costs.

Senate President Godswill Akpabio sustained the order and urged all senators to be guided.

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