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Nigeria’s Wealth Lies In Innovation, Creativity, Education – Obi

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Peter Obi

The former governor of Anambra state and the vice-presidential candidate of the People’s Democratic Party, (PDP) in the 2019 elections, Peter Obi, has advised the ruling government and others to invest more in innovation, creativity and education, as the new and future wealth of the continent.

He gave the advice, while delivering the maiden convocation lecture of the Chrisland University, Abeokuta, Ogun state, titled: “Creativity, Innovation and Entrepreneurship: A Critical Intersection for Economic Development in Africa,” on Friday.

Obi called on governments to invest heavily in innovation, encourage creativity and entrepreneurship, as a critical component and the pedestal on which the development of the continent rests.

Identifying the problem of the continent as economic development, he urged leaders to deliberately invest in the youth and begin to think out of the box by approaching issues from different perspectives to achieve new results.

He commended the proprietor of the university, High Chief (Dr.) Winifred Awosika, for investing and providing quality education as an entrepreneur in a country, where the government does not support owners of schools or render help.

“What government only does is to collect taxes from private institutions and not support them for growth, development and training of high-level human resources required by the country.”

He decried poor investment in the education sector, saying that South Africa, with lesser population than Nigeria, in 2018 alone, budgeted $17 billion, where Nigeria had over the years, failed to match the figure.

Obi took time to offer advice to the newly graduated students, tasking them to deplore their education to the practical realities of contributing solutions to the problems of humanity. He advised them to always be agents of positive change in the society.

Earlier in her welcome address, the vice-chancellor of the university, Professor Chinedum Babalola, said the take off point of the university was not easy and expressed appreciation to Dr. Awosika for never-die approach to life, saying the result was the maiden convocation of the seven pioneer students of the university.

The highlights of the event were the conferment of different degrees on the graduating students and award of prizes to different categories to outstanding students.

Inside Nigeria

Nigeria Records 416 New Cases Of COVID-19 As FG Eases Lockdown

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416 new cases of COVID-19 were recorded in Nigeria on Monday, June 1, 2020, despite the FG lifting some measures put in place to curb the spread of the virus in Nigeria.

The Federal and some state governments have been easing some COVID-19 restrictions put in place to curb the spread of the virus.

Yesterday, the Federal Government on Monday lifted the ban on religious gatherings across the country.

This was disclosed by the Secretary to the Government of the Federation and Chairman of Presidential Task Force (PTF) on COVID-19, Boss Mustapha, at the daily media briefing in Abuja.

“The PTF submitted its recommendations and the PRESIDENT has approved the following for implementation over the next four weeks spanning 2nd – 29th June, 2020, subject to review-:

“Cautious advance into the Second Phase of the national response to COVID-19; application of science and data to guide the targeting of areas of on-going high transmission of COVID-19 in the country;

“Mobilisation of all resources at State and Local Government levels to create public awareness on COVID 19 and improve compliance with non-pharmaceutical interventions within communities; sustenance of key non-pharmaceutical interventions that would apply nationwide and include: ban of gatherings of more than 20 people outside of a workplace;

“Relaxation of restriction on places of Worship based on guidelines issued by the PTF and protocols agreed by state governments.”

Despite this, the number of confirmed COVID-19 cases in Nigeria is still on the rise.

According to the Nigeria Centre for Disease Control (NCDC), 192 cases were recorded in Lagos, 41 in Edo, 33 in Rivers, 30 in Kaduna, 23 in Kwara, 18 in Nasarawa, 17 in Borno, 14 in FCT, 10 in Oyo, 7 in Katsina, 5 in Abia, 5 in Delta, 4 in Adamawa, 4 in Kano, 3 in Imo, 3 in Ondo, 2 in Benue, 2 in Ogun and 1 in Niger state.

In total, Nigeria has recorded 10578 cases of COVID-19. 3122 patients have been discharged from various Isolation centers across the country, while 299 deaths have been recorded.

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Inside Nigeria

BREAKING: FG Relaxes Ban On Religious Gathering, Reduces Curfew From 10pm To 4am

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The Federal Government on Monday announced the relaxation on ban on religious gathering in the country from June 1.

The Presidential Task Force on COVID-19 disclosed this during its daily briefing in Abuja, saying this is based on the guidelines and protocols agreed by state governments.

The PTF however said the ban on inter-state movement in the country remains in force.

The government also announced that the curfew imposed on the country will now be from 10.00 p.m. to 4.00 a.m.

The ban on religious gatherings had lasted for two months, a move taken to check the spread of Coronavirus.

However, at the briefing of the presidential task force (PTF) on COVID-19 on Monday, Chairman of the task force, Boss Mustapha, announced that President Muhammadu Buhari had approved the relaxation of the ban for four weeks.

“The PTF submitted its recommendations and the President has approved the following for implementation over the next four weeks spanning 2nd – 29th June 2020, subject to review.

“Cautious advance into the Second Phase of the national response to COVID-19; application of science and data to guide the targeting of areas of on-going high transmission of COVID-19 in the country;

“Mobilisation of all resources at State and Local Government levels to create public awareness on COVID 19 and improve compliance with non-pharmaceutical interventions within communities; sustenance of key non-pharmaceutical interventions that would apply nationwide and include: ban on gatherings of more than 20 people outside of a workplace;

“Relaxation of restriction on places of worship based on guidelines issued by the PTF and protocols agreed by state governments.”Boss Mustapha revealed.

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Inside Nigeria

BREAKING: FG Reduces Petrol Pump Price To N121.50 Per Litre

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The Petroleum Products Pricing Regulatory Agency (PPPRA ) on Monday announced the reduction of the pump price of the Premium Motor Spirit (PMS) to N121.50 from N123 per litre.

According to its guidelines price for the month of June 2020, the ex-depot price band is now N100. 13 and N108. 13 per litre while ex-depot for collection is N108. 78 and N111.78 per litre.

In a memo titled “A.4/9/017/C.2/IV/701 31”, the agency urged all marketers to operatensure within the indicative prices.

The PPPPRA said: “Please recall the recently approved pricing regime which became effective 19th March 2020 and the provision for the establishment of a monthly price band within which Petroleum Marketers are expected to sell PMS at the retail stations.

“After a review of the prevailing market fundamentals in the month of May and considering Marketers’ realistic operating costs, as much as practicable, we wish to advise of a new PMS guiding pump mice with corresponding Ex-Depot price for the month of June, 2020, as follows:

“Price Band: N121. 50 N123. 50/Litre Ex-Depocorresponding. 13 N104. 13/Litre Ex-Depot for Collection: N109. 78 N1 1 1. 78/Litre.”

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