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UBA Promotes Africa’s Renaissance, Celebrates Africa Day with Glitz & Glamour

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In line with its commitment to promote the African culture and deepen its African footprints, Pan African financial institution, United Bank for Africa (UBA) Plc, on Thursday joined the world to celebrate the 2017 Africa Day across the 19 African countries of operations with the theme: ‘Africa, the new Frontier.’

Africa Day is dedicated to celebrating the diversity of the African continent, as well as to highlight the cultural and economic potential that exists on the continent. UBA Staff celebrated the day in grand style as they dressed to work in a display of the best of Africa’s rich attire.

At the bank’s head office in UBA House on Marina, Lagos, Nigeria, there was an unusual welcome for staff, as they were ushered into the building with a rendition of traditional African music and unique African themed decorations adorning the building, thus presenting special ambience to the celebration for a bank that takes huge pride in its African heritage. There was also excitement in the air, as a lot of things to celebrate the African heritage was also on display and staff were treated to various African meals and snacks throughout the day in their offices.

The highlight of the day was the crowning of the best dressed male and female in African attires, who emerged from votes cast by staff. Two staff emerged winners and were rewarded with an all-expense paid trip to Seychelles.

The three winners selected from both the male and female categories were given cash prices amounting to about N350,000, while the best dressed female, Mrs. Ebeano and Mr. Abdullahi were rewarded with an all-expense paid trip to Seychelles.

The Deputy Managing Director, UBA Plc, Mr. Victor Osadolor, who spoke at the ceremony to announce the winners, reiterated that UBA is a core African bank with deep African roots that has continually supported the continent in various ways over the years. He added that the bank remained proud of its African heritage.

He said, “We at UBA celebrate Africa Day with the rest of Africa, we are Africa, United by one Bank, and it is important to note that just as Africa has come a long way, UBA has also come a long way in putting her footprints in Africa. As of now, we have over 125 branches in Africa selling Africa to the world. We are one of the biggest employees in the continent, and we have been supporting a lot of credit facilities and infrastructural development i Ghana, Zambia, Cote d’Ivoire and other key economies; we are also sponsoring the building of the stadium in Cameroon to be used for the African Nations cup, the building of a plaza in Ghana, as well as other key investments because we believe in this continent and know that infrastructure is key to the success of any continent.”

It will be recalled that the African Diplomatic Group, an association of African group of Ambassadors and High Commissioners to the Federal Republic of Nigeria recently commended UBA for the sponsorship of the upcoming 54th Africa Day Celebration. In a letter addressed to the Group Managing Director/CEO, Mr. Kennedy Uzoka and dated 23rd January 2017, appreciating the bank’s support, the High Commissioner of Rwanda, Ambassador Stanislas Kamanzi praised UBA for sponsoring the celebration of the 54th African Day.

Africa Day, formerly Africa Freedom Day and African Liberation Day, is the annual commemoration of the foundation of the Organisation of African Unity (OAU) usually celebrated every May 25th and UBA celebrates Africa Day annually in line with the official celebration by African nations, reiterating its long-held belief that the future belongs to African continent leveraging on the occasion to rekindle the African spirit that drives the group’s vision to be a dominant financial services provider on the continent financing the continent’s emergence as a recognizable economic power.

United Bank for Africa (UBA) Plc is a leading Pan-African financial institution, offering banking services and customer touch points in 19 African countries. With presence in New York, London and Paris, UBA is connecting people and businesses across Africa through retail, commercial and corporate banking, innovative cross border payments and remittances, trade finance and ancillary banking services.

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Oando Clean Energy, Cross River State, Sign MoU on Renewable Energy Infrastructure

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Oando Clean Energy (OCEL),  the renewable energy business subsidiary of Oando Energy Resources and the Cross River State Government have  signed a memorandum of understanding (MoU) for the rollout of electric vehicles for mass transportation within the state at the ongoing 28th edition Conference of the Parties (COP28) in Dubai, United Arab Emirates (UAE).

The move in setting up an electric vehicle (EV) assembly plant, is expected to create jobs for local indigenes as well as build a 100MW wind plant for power generation.

Representing the Governor of Cross River State, Bassey Otu at the MoU signing was the state’s Commissioner for Special Duties, Oden Ewa, saying the landmark agreement marked a significant step forward in the state’s journey toward a cleaner and more sustainable future. He said: “The MoU paves the way for the transitioning of our mass transit system to cleaner and less expensive fuels while also allowing for the use of our natural resource, wind, to provide electrification for our people.

“I commend Oando Clean Energy for their innovative solutions that address the impact of climate change in Nigeria and her citizens.”

According to Oando , it said,  as  a company, it has committed to ensuring that this journey to a cleaner and more sustainable energy future is as seamless and as easy as possible.

“This is by putting our confidence in, not only the technology but the partnership and ensuring that the Cross River State government and her people reap the benefits of generating power from sustainable sources”. The statement read.

Oando’s Clean Energy’s scope spans the entire 35 states of the federation and the federal capital, promising to create a cleaner, more viable energy ecosystem for Nigeria and the  people of Cross River.

In attendance at the side event were amongst others, Minister of Niger Delta Affairs, Abubakar Momoh;  Minister of the Environment, Abbas Balarabe;  Minister of State for Environment, Dr. Kunle Salako; Commissioner for Special Duties, Cross River State, Mr. Oden Ewa, among others.

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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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