Connect with us

News and Report

TONY O. ELUMELU TO PRESENT ON SCALING CLEAN POWER TO MEET DEVELOPING-COUNTRY NEEDS AT WORLD ECONOMIC FORUM IN DAVOS

Published

on

Tony O. Elumelu, Chairman of Heirs Holdings and founder of the Tony Elumelu Foundation, will discuss how to scale clean-energy investment to meet developing-country needs on a panel at the World Economic Forum (WEF) in Davos, Switzerland, on Friday, 22 January 2016.

Mr. Elumelu will frame his remarks and calls to action in the context of Africapitalism, the economic philosophy that embodies the private sector’s commitment to the economic transformation of Africa through long-term investments that create both economic prosperity and social wealth.

In the panel, “Catalysing Clean Power,” Mr. Elumelu will describe the following areas of focus for the private sector, governments and research institutions that hope to expand access to and reduce the cost of energy for developing countries:

· Off-grid technologies,

· Battery power,

· Clean cooking methods and

· Environmentally sustainable power generation.

The “Catalysing Clean Power” panel will also include Akinwumi Ayodeji Adesina, President of the African Development Bank (AfDB), Takehiko Nakao, President of the Asian Development Bank (ABD) and Francesco Starace, CEO and general manager of Enel Group, an Italian manufacturer and distributor of electricity and gas.

Mr. Elumelu will also discuss how philanthropists can create legacies of impact in a separate panel, “What Worth is Wealth,” as well as the United Nations Sustainable Development Goals (SDGs).

Parminder Vir, CEO of the Tony Elumelu Foundation, will also be in attendance at WEF. Ms. Vir will speak at a reception on business engagement in the SDGs hosted by the UN Foundation and the Forum of Young Global Leaders (YGL).

Continue Reading
Advertisement

News and Report

State of Emergency in Rivers: Akpabio, Dickson in heated argument

Published

on

By

The President of the Nigerian Senate, Godswill Obot Akpabio and Senator Seriake Dickson were, on Thursday, locked up in a heated argument over the provision of Senate Rules in the handling of debate on the State of Emergency in Rivers State.

As the Senate convened for plenary, Leader Michael Bamidele Opeyemi moved a motion for the Order Paper to be re-ordered to enable the Senate to handle the debate on the state of emergency before any other motion itemized for legislative action.

As Bamidele stood to point out the relevant order, Seriake Dickson\, representing Bayelsa Central Senatorial District and former governor of Bayelsa State raised a point of order, to which Akpabio was hesitant to oblige.

The angry Akpabio reminded Seriake Dickson in a witty manner, how he watched him on television saying he would not go the way of the Senate on the state of emergency in Rivers, even as Dickson insisted on getting the Senate President’s attention through a point of order.

Akpabio said: “Senator Seriake Dickson, let’s not argue, if we argue it won’t be good for any of us.

“We are all distinguished people, you were a former governor, I was a former governor. Please turn off your mic and sit down. I watched you on television. You said, whatever the Senate does, the Senate will never go with you.

“I said you said whatever the Senate does, the Senate will never have your vote.

“I don’t know but if you have already made up your mind to go on television when the Senate has not done anything or considered any issue, I am not arguing with you, but I say, please allow me to preside.

Replying to the Senate President, Seriake Dickson said: “Mr Senate President, you know we must have mutual respect for all our colleagues, and I do have regard for you, particularly, as our presiding officer and I think that should be reciprocal.”

Dickson said the point of order he raised was to draw the attention of Senators to the provision on the need to first break into a closed-door meeting.

The motion to close the door was immediately raised by the Senate Leader and seconded by the minority leader, Senator Abba Moro and the Senate went into a closed-door session.

https://x.com/i/status/1902686188504252855

Continue Reading

News and Report

Death toll in Abuja CNG tanker explosion rises to eight

Published

on

By

The Federal Capital Territory (FCT) Emergency Management Department has confirmed that the death toll from the Abuja truck explosion has risen to eight.

The accident, which occurred on Wednesday evening near Karu Bridge along the Abuja-Keffi Expressway, involved a Compressed Natural Gas (CNG)-laden truck and multiple vehicles.

Acting Director General of the FCT Emergency Management Department (FEMD), Abdulrahman Mohammed, provided the update on Thursday while addressing journalists at the scene.

Earlier, the FCT Police Command, through a statement signed by its spokesperson, SP Josephine Adeh, reported six fatalities and the destruction of 14 vehicles in the explosion. However, Mohammed clarified that among the initial six casualties, four were burned beyond recognition. Two additional victims, who were initially rescued, succumbed to their injuries on Thursday morning, bringing the total fatalities to eight.

“Five people were confirmed dead at the scene yesterday. One more passed away later, making six. Then this morning, after further checks, we discovered that two more had died, bringing the total to eight. Four of the victims from yesterday were burned beyond recognition,” he explained.

He also confirmed that 30 others were receiving medical treatment at various hospitals across the FCT. According to him, eight victims are being treated at Karu General Hospital, 10 at Customs Hospital, 11 at the National Hospital, and one at Aso Clinic.

Mohammed further stated that officials were checking other hospitals, including Asokoro Hospital, to verify if additional victims had been admitted.

Continue Reading

News and Report

Sirajo Jaja, Bauchi accountant-general in EFCC custody for ‘N70bn fraud’

Published

on

By

Sirajo Jaja, the accountant-general of Bauchi State is currently in the custody of the Economic and Financial Crimes Commission (EFCC) for alleged fraud.

Jaja, was arrested alongside one Aliyu Abubakar, an unlicensed bureau de change (BDC) operator, and Sunusi Ibrahim Sambo, a point of sale (PoS) operator.

The three individuals were apprehended in Abuja on Wednesday, with investigations pointing to a massive fraud involving the diversion of public funds and money laundering amounting to N70 billion.

EFCC spokesperson Dele Oyewale confirmed the arrests, and sources within the commission revealed that the investigation centers on the alleged movement of N59 billion, which was withdrawn from various bank accounts opened by Sirajo Jaja on behalf of the Bauchi State government.

The funds were allegedly funneled through Abubakar and Sambo, who made cash payments to political party agents and associates of Bauchi State Governor Bala Mohammed.

Additionally, Abubakar, who had previously jumped bail, was rearrested in connection with the case.

The EFCC is also looking into Governor Bala Mohammed’s involvement in the scandal.

Continue Reading

Trending