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GTBank – Lagos State Principals Cup (Season 7) Finals holds Today Friday 10th, June 2016

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The Teslim Balogun Stadium will on Friday, June 10, 2016 host the finals of the GTBank-Lagos State Principals Cup; the biggest grassroots soccer competition in West Africa. Now in its 7th year, this season’s finals promises to be an exhilarating encounter between two teams as they stake their claim as ultimate champions of the prestigious tournament.

In the boys’ category, Dairy Farm Senior Secondary School who won the title in 2012 & 2014 will be seeking to permanently retain the trophy as they go in search of their 3rd title. Debutants Ejigbo Senior Secondary School will be playing for glory, having eliminated Keme Balogun Grammar School in a keenly contested semi-finals battle.

In the girls’ category, defending champions; Ikotun Senior High School will be playing for glory as they seek to defend their title against their old nemesis; CMS Senior Girls Grammar School, in what will be a rematch of the 2013 finals wherein the latter lost 4-2 on penalties. Will history continue as we know it or will history be rewritten; is a story that will be told when these titans collide at the Teslim Balogun stadium.

Winners will be rewarded with the sum of N750,000.00, N500,000.00 and N350,000,00 for the 1st ,2nd and 3rd place winners respectively in both male and female categories.

Over the years, the GTBank Lagos State Principals Cup has produced exceptional players at country and club levels. Yetunde Fajobi of Government Senior College, Agege, and Esther Adeboye of State High School, Alimosho (2014 edition players) were part of the Nigerian U-17 national team (The Flamingos) that qualified for the 2016 FIFA U17 World Cup. Amongst some of the notable players discovered in this year’s competition are; leading goal scorer in the Girls category, Edemekop Ndiana from CMS Girls Grammar School, Anusilem Amarachi from Ikotun Senior High School with 6 and 5 goals respectively.

Commenting on the significance of the competition in Nigeria’s educational framework, the MD/CEO of Guaranty Trust Bank plc Segun Agbaje, believes “the competition paves the way for youths to cultivate their sporting talents, whilst fostering and building a healthier lifestyle at a critical stage in their lives”. He enjoined the students to imbibe the spirit of fair play, hard work, and discipline, which are some of the core values of GTBank.

Guaranty Trust Bank, a youth oriented brand maintains the lead in providing support for education and sports to enable young boys and girls explore their talents and reach for their dreams. It is one of the few Nigerian financial institutions that have maintained a defined Corporate Social Responsibility (CSR) strategy, most especially in sports education. The Bank actively supports in-classroom and out-of-classroom educational programmes, infrastructure development, students’ scholarship and teachers training across Africa.

Alongside the Lagos State Principals Cup, GTBank also sponsors the Ogun State Principals Cup, and the Masters Cup tournament in Lagos.

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House Of Representatives Issues Warrant Of Arrest On Central Bank Governor, Cardoso, Accountant-General, 17 Others

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The House of Representatives’ Committee on Public Petitions has asked for a warrant of arrest to be issued on the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, the Accountant-General of the Federation (AGF), Oluwatoyin Madein, and 17 others over refusal to appear before it to answer questions on their operations.

It was gathered that the issuance of the arrest warrant was sequel to the adoption of a motion moved by Fred Agbedi, representing Ekeremo/Sagbama Federal Constituency of Bayelsa State on the platform of the Peoples Democratic Party (PDP) at the committee’s hearing on Tuesday.

Agbedi, while moving the motion, said that the arrest warrant had become imperative following the attitude of the invitees, adding that the parliament worked with time and the CEOs had been invited four times but failed to respond to the invitations.

Agbedi said that the CBN Governor, the AGF and the rest of the invitees should be brought to appear before the committee by the Inspector General of Police through a warrant of arrest after due diligence by the House Speaker, Rep Tajudeen Abbas.

The Chairman of the Committee, Micheal Irom (APC-Cross River), in his ruling said that the Inspector-General of Police should ensure the invitees were brought before the committee on December 14.
It was gathered that the petitioner, Fidelis Uzowanem, had earlier said that the petition was anchored on the Nigeria Extractive Industries Transparency Initiative (NEITI) 2021 report.

Irom said, “We took up the challenge to examine the report and discovered that what NEITI put together as a report is only consolidation of fraud that has been going on in the oil and gas industry.

“It dates back to 2016 because we have been following and we put up a petition to this committee to examine what has happened.

“The 2024 budget of 27.5 trillion that has been proposed can be confidently funded from the recoverable amount that we identified in the NEITI report.

“It is basically a concealment of illegal transactions that took place in NNPCL; they have been in a sink with some oil companies where some companies that did not produce crude were paid cash core, an amount paid for crude oil production.”

 

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FCTA uncovers illegal oil refining warehouse in Abuja

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In continuation of the city cleaning exercise, Authorities of the Federal Capital Territory Administration (FCTA) with operatives of security personnel have uncovered an illegal oil refining warehouse in Mabushi, opposite Mobile filling station on Ahmadu Bello way in Abuja.

 

The Director, Department of Development Control, FCTA, Mukhtar Galadima after the operation on Thursday, said the illegal refining site was discovered during the continuation of the city cleaning exercise.

 

According to him, about three to four plot of lands designated for commercial purposes have been converted to an area where oil and diesel are being adulterated and circulated to other parts of the city.

 

Galadima explained that the city sanitation task force will look into the provision of the law and make necessary recommendations to the FCT Administration for further actions on the plots used for the activity.

 

He said there was no arrest but the items used in carrying out the illegal refining have been impounded.

 

Galadima said, “During the continuation of our city sanitation exercise in Mabushi opposite Mobile filling station on Ahmadu way, we discovered an illegal refining site where oil and diesel are being adulterated, we have done the needful by moving the items to Nigerian Security and Civil Defence Corps.

 

“From what we have seen so far, about three or four pilot of lands designated for commercial purposes have been converted to unapproved activities, which we believe the owners are fully aware, there will be consequences.

 

“We are going to look at the provision of the law and make necessary recommendations to the FCT Administration”

 

He said the administration will continue to go tough on activities being carried out without government approval,  especially revocation of the titles.

 

Collaborating, Head, operations FCT Directorate of Road Traffic Service (DRTS), Deborah Osho said the city management team during the exercise also discovered that most of the areas in the Nation’s capital have been converted to illegal car mart and motor parks.

 

She disclosed that fifteen vehicles have so far been impounded since the operation commenced about two days.

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Central Bank To Freeze Accounts Without BVN, NIN From April 2024

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The Central Bank of Nigeria (CBN) said on Friday that it will freeze accounts without a Bank Verification Number (BVN) or National Identification Number (NIN) from April 2024.

This is according to a Friday circular by the apex bank which said a BVN or NIN verification will be “conducted shortly”.

It also said all BVN or NIN attached to accounts/wallets must be electronically revalidated by January 31, 2024, according to the circular by the CBN Director of Payments System Management Department Chibuzo Efobi, and the Director of Financial Policy and Regulation Department Haruna Mustapha.

More details later….

 

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