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MTN Nigeria, Airtel PSBs to create 1m direct jobs

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Following the granting of approval in principle (AIP) by the Central Bank of Nigeria (CBN), MTN Nigeria and Airtel now have about six months to become licenced Payment Service Banks (PSBs).

Apart from helping to include 40 million adult Nigerians outside the financial services industry, the move could create over 1 million direct jobs in 2022.

MTN Nigeria and Airtel combined boast 124.6 million voice subscribers and 96.1 data subscribers. Apart from that, MTN Nigeria through its MoMo Super Agent network has amassed 230,000 agents across the country, and given its experience as the second-largest mobile money operator in Africa, after Safaricom, deploying the same service in Nigeria would not be so difficult for the telco.

The telco is expected to grow its agent network from 230,000 in order to deepen its mobile money presence across the country. Airtel would plug into its large population of airtime resellers to quickly grow its agent network. This is the same strategy it deployed in nearly all the 14 African countries where it currently operates mobile money services.

The model would also attract hundreds of young unemployed Nigerians providing the telco with over 100,000 banking agents. MTN Nigeria and Airtel could also be the push Globacom needs to launch its mobile money operations after one year of securing the licence.

The CBN wants to provide access to financial services to 95 percent of Nigerians who are not financially included by 2024. In the past, the CBN has pushed the commercial banks to lead the financial inclusion campaign and the result has not been as the apex bank expected.

Anambra guber: INEC declares Soludo winner

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The Anambra State governorship election was eventually concluded this morning as the Independent National Electoral Commission (INEC) announced former Central Bank governor and candidate of the All Progressives Grand Alliance (APGA), Prof. Chukwuma Soludo, as winner of the poll that began on Saturday.

INEC had declared the election inconclusive on Sunday after no votes were cast in Ihiala Council, hence the supplementary election.

THE governorship candidate of the African Democratic Congress (ADC), Chief Akachukwu Nwakpo, said he supported and voted for APGA in the supplementary election, yesterday, because the results of the election announced so far reflected the wish and mandate of the people.

A large turnout of voters was reported across all polling units in Ihiala.

The governorship candidate of the Social Democratic Party (SDP), Obinna Uzor, also expressed satisfaction with the conduct of the rerun election.

He told reporters after casting his vote at Umunnamehi community school 3, PU024 ward 1, that he was hopeful and prayed that a good leader would emerge to encourage peace and development in Anambra.

Soludo polled a total of 112,229 votes to defeat his closest rival Valentine Ozigbo of the People’s Democratic Party (PDP) who scored 53, 807 to emerge second.

Senator Andy Uba, candidate of the All Progressives Congress (APC) got a total of 43,285 votes to emerge the third position.


Declaring the result at about 1: 51am Wednesday at the INEC headquarters, Awka, Prof. Florence Obi, returning officer for 2021 Anambra Governorship Election, announced, said: “Chukwuma Soludo of APGA, having satisfied the requirements of the law is hereby declared the winner of the election.”


Obi said that there were 2,466,638 total registered voters; 241,523 total valid votes; 249,631 total votes cast and 8,108 rejected votes.

European Union Opens Higher Education Scholarship portal for Nigerians

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The European Union has called for applications for next year’s Erasmus+ scholarship programme in line with its commitment to expanding opportunities for quality higher education for young Nigerians even as it stated that youths remain the key to Nigeria’s development.

The EU said it is building partnerships between young Africans and their European counterparts because young people will remain critical in addressing current global challenges, including the attainment of the Sustainable Development Goals and making the world a better place.

At the National Youth Conference organised by the Federal Ministry of Youths and Sports in Abuja, the EU Commissioner for International Partnerships, Jutta Urpilainen, said youths are not only the future, but also constitute the largest generation of young people in history.

Urpilainen said she had mandated EU Delegations across Africa to establish a Youth Sounding Board to ensure youths are mainstreamed into their decision-making processes to reflect diversity and inclusivity.

“In Nigeria, seven youths out of ten are under 30 years old. Whether it’s politics, economy, or the EU-Nigeria partnership, we need youth participation. That is why this Nigerian National Youth Conference is so important. Youth is a top priority in the EU’s partnership with Africa,” she observed.

Also speaking during a presentation, Precious Uchechi Eze, a National Youth Service Corps member and a member of the recently inaugurated European Union Youth Sounding Board in Nigeria, said the NYSC is proposing to set up a Trust Fund for corps members that will serve as a support system for the corps members facing various challenges during their service period.

Meanwhile, the EU has called for applications for next year’s Erasmus+ scholarship programme

The Erasmus+ is the EU’s flagship programme for education, training, youth and sport, offering beneficiaries scholarships to study in some of the most prestigious universities within and outside Europe. It also enables youths, students, staff and higher education institutes to attend or work with European Higher Education Institutions.

The programme equips young Nigerians with the education, skills and competences they need to thrive in a globalised economy, hence, contributing to nation-building.

This year, 134 Nigerians were awarded a prestigious Erasmus Mundus Joint Masters Degree scholarship. This is not only a steep increase compared to previous years, but also makes Nigeria the top country of Africa with most selected students. Worldwide, Nigeria is up there together with Bangladesh, Brazil, India, Mexico and Pakistan as top six countries with most awardees.

The EU urges Nigerians and Nigerian Higher Education Institutes to take advantage of the provided opportunities for investment in knowledge, skills and competences

ASUU Calls For Collaborative Effort To Improve Education Funding

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The Academic Staff Union of Universities has said successive governments have surrendered Nigeria to Europe, America and Asia since 1976, which was responsible for the “continued depletion of the economy.”

It added that others controlling Nigerians were the World Bank, International Monetary Fund, African Development Bank and World Trade Organisation.

ASUU added that policies on enhanced quality, access and affordability of education at all levels had been abandoned.

ASUU stated these in a communique issued at the end of its national summit at the Abubakar Tafawa Balewa University, Bauchi, with the theme, ‘Nigeria: The state of the nation,’ organised by its Bauchi Zone.

The communique which was signed by the coordinator of ASUU (Bauchi Zone), Prof. Lawan Abubakar; and Convener, Local Organising Committee), Dr Oladimeji Lawal, was obtained by in Abuja on Monday.

The communique reads, “The summit observed that the policies on enhanced quality, full government provisioning, access and affordability of education at all levels, captured and clearly envisioned in the National Policy on Education (1976), had been systematically abandoned by successive ruling class governments (military and civilian) since the late 1970s when our “rulers” surrendered the sovereignty of our country to IMF and the World Bank.

“They also abandon the patriotic vision of the Second National Development Plan on which the 1976 NPE was pivoted. This systematic subversion of the possibilities of the said vision also underlies the equivocations and non-justiciability of the right to education and other social welfare rights codified in the 1999 Constitution of the Federal Republic of Nigeria.

“All patriots, especially the victims of the various manifestations of the current crises of Nigeria, must organise to restore the sovereignty of the masses of Nigeria’s working people – the sovereignty of our country Nigeria.

“Most of the debilitating economic and social policies of Nigeria’s governments are dictated and enforced by international economic and financial forces like IMF, World Bank, AfDB and WTO, which are controlled by foreign powers in Europe, America and Asia.”

The summit also criticised what it described as the “definitive, sad, and present situation” of the nation’s educational facilities and “the deliberate and progressive decline in the annual budgetary allocations to education in the last two decades.”

ASUU said, “The combined effect of reduced funding of public educational institutions on one hand, and the commercialisation and privatisation of education on the other, had impacted negatively on the conditions of service of all categories of workers in the education sector, especially in private schools and universities where workers are receiving slave wages.”

The summit called on workers, unions and organisations to intensify collaborative efforts towards protecting and improving both their conditions of service and improved public funding of the education sector.

Former Monarch, Sanusi Begins Studies For PhD At London University

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The immediate past Emir of Kano, Lamido Sanusi, has returned to the classroom as a doctoral candidate at the University of London, United Kingdom.

Sanusi, who disclosed this on Monday, said he recently relocated to London for the academic programme.

Earlier in 2019, Sanusi was awarded an honorary doctorate in finance at the School of Oriental and African Studies of the University of London.

Sanusi had in 1997 earned a second bachelor’s degree in Islamic studies and fiqh at the Africa International University in Khartoum, Sudan.

The former monarch, who in 1981 earned a degree in Economics, was also recently offered a visiting fellowship at Oxford University.

The former governor of the Central Bank of Nigeria, whose thirst for knowledge is seemingly insatiable, is arguably one of the most educated Nigerians that ever became a monarch in the country.

He said he is currently combining his academic responsibility at Oxford University with his new role as a PhD student.

About five months after his controversial dethronement in 2020, Sanusi was granted a visiting fellowship at the African Studies Centre of the University of Oxford.

Sanusi’s role, which commenced in October 2020, was for the 2020/2021 academic calendar year.

The Oxford University’s African Studies Centre is regarded as one of the world’s leading centres of African Studies, and it is reckoned to have trained graduate students now holding important positions in different spheres of social, economic and political life in Africa and the rest of the world.

With strengths in the Social Sciences and the Humanities, the centre is said to enjoy a reputation for high quality, relevant research that plays a leading role in academic debates as well as public policy.

According to report, the Centre had noted in its statement at the time that Sanusi would use the period of his affiliation with the centre to write a book on his experiences as  governor of Nigeria’s central bank.

The writing was suggested to be themed: “Central Bank Response to Global Financial Crisis: A Case Study of the Central Bank of Nigeria 2009-2013.”

ABSU VC Hint Students On Possible Hike in School Fees

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The Vice Chancellor, Abia State University Uturu (ABSU), Professor Onyemachi Ogbolu, has hinted of possible upward review of school fees in the institution to reflect the current economic realities.

Professor Ogbolu who gave the hint at a pre-convocation press briefing said that the current fees were no longer sustainable as the cost of running the university is becoming increasingly huge.

He noted that a situation where Medicine & Surgery students of the university pay N112,000 as school fees per session whereas their counterparts in neighbouring universities pay up to N3 million, is becoming unsustainable.

The VC appealed to parents and guardians as well as other stakeholders to understand the plight of the university and adjust their minds for the eventual fee hike if the university should continue to serve optimally.

He however noted that the proposal might be jettisoned if the institution gets someone to subsidise the fees.

Professor Ogbolu sympathized with parents and guardians but argued that for the university to deliver quality education to its students it needs funding.

“Some of our students pay N45,000 to N90,000 as school fees. These fees were set about 15-20 years ago and they are no longer sustainable because we all go to the same market to shop for lecturers.”

The VC who assumed duty last December said his administration was exploring opportunities to expand the academic programmes of the institution.

He hinted at plans to introduce Aeronautic Engineering, Dentistry, Community Health among others to meet the admission requests from applicants.

He disclosed that 5,712 students would be graduating at the 27th and 28th convocation ceremony scheduled for Friday November 12.

According to him, 29 students made the first-class list while others made different categories of marks.

On the welfare of staff, the VC said his administration with the support of the State Government was making efforts to defray salary arrears and pay workers at the end of every month.

According to the VC, former Chairman of Ohanaeze Ndigbo, Chief Nnia Nwodo would deliver a pre-convocation lecture entitled: ” Nigeria Political and Economic Future: The Dangers We Can Avert”.

He also said that some distinguished Nigerians would be conferred with an honorary doctorate degree and professor emeritus at the event.

Reps Pass Pres. Buhari’s Raising Teachers’ Retirement Age Bill

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The House of Representatives, on Tuesday, passed an executive bill that seeks to raise the retirement age of teachers in Nigeria.

The passage followed consideration of the report on the bill by the Committee of the Whole on Tuesday.

The President, President Muhammadu Buhari, had on June 2, 2021, sent the executive bill to the Senate and the House, seeking to increase the retirement age for teachers in the country from 60 to 65 years. It also seeks to extend the years of service for teachers from 35 to 40 years.

Buhari, in the letter addressed to President of the Senate, Ahmad Lawan; and Speaker of the House, Femi Gbajabiamila, respectively, explained that the piece of legislation would provide for a harmonised retirement age for teachers in Nigeria.

The letter in part reads, “Transmission of the Harmonised Retirement Age for Teachers in Nigeria Bill 2021 to the National Assembly for consideration.

“Pursuant to Section 58 subsection 2 of the 1999 Constitution of the Federal Republic of Nigeria (as amended), I forward herewith the harmonised retirement age for teachers in Nigeria Bill, 2021 for consideration by the Senate.

“The harmonised retirement age for teachers in Nigeria bill 2021 seeks to increase the retirement age for teachers from 60 to 65 years, and also increase the possible years of service from 35 to 40 years.

“While appreciating your usual expeditious consideration of this submission, please, accept, Distinguished Senate President, the assurances of my highest consideration.”

Jordan Says King Abdullah Met With Israeli Islamist Lawmaker

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The head of the Islamist party in Israel’s governing coalition has met with Jordan’s King Abdullah II in Amman on Tuesday, in a latest sign of warming ties between the two countries.

The Jordanian Royal Palace said in a statement that Abdullah and United Arab List lawmaker Mansour Abbas discussed “the latest developments in the Palestinian territories and ways to advance the peace process.

Abbas’s office confirmed that he met with the Jordanian leader in Amman, but provided no additional details.

Abbas and his four-seat United Arab List made history in June by becoming the first Arab party to join an Israeli ruling coalition, enabling Prime Minister Naftali Bennett to form a government and oust longtime leader Benjamin Netanyahu.

Since the inauguration of Israel’s new government in June, Bennett has prioritized mending fences with neighboring Jordan. In September, Israeli President Isaac Herzog met Abdullah in the Jordanian capital less than two months after Bennett met Abdullah in secret.

The two countries signed a peace accord in 1994 and share close security ties, but recent years saw relations sour over Israeli policies toward the Palestinians and frictions at the contested Jerusalem holy site known to Jews as the Temple Mount and Muslims as the Noble Sanctuary.

Chilean President Impeached Over Pandora Papers Revelation

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President Sebastián Piñera has been impeached by the lower house of Chile’s congress, setting up a trial in the nation’s Senate over whether to remove him due to allegations he favored the sale of a family property while in office.

The vote to accept the charges got the bare minimum of 78 votes needed in the 155-member Chamber of Deputies and followed a 20-hour session. Sixty-seven legislators voted against the “constitutional accusation,” including several members of the opposition while others abstained or were absent.

As in the U.S. and many other nations, a Senate trial follows impeachment and Piñera is unlikely to be removed by the 43-member upper house, where the opposition has only 24 of the 29 votes needed to oust a president.

The Senate deliberations on his fate will occur in the heat of an election campaign to replace him in any case.

The first round of general elections is set for Nov. 21 and Piñera’s term ends on March 11. Chile does not permit presidential reelection to consecutive terms.

The accusation stems from publication of the so-called Pandora Papers, which revealed offshore financial dealings of prominent figures around the world, including Piñera, one of Chile’s wealthiest people.

Myanmar Court Sentences Arrested Politicians To 75-90 Years

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A court in Myanmar sentenced two members of ousted leader Aung San Suu Kyi’s political party to 90 years and 75 years in prison on Tuesday after finding them guilty of corruption.

The sentences appeared to be the most severe so far for any of the dozens of members of Suu Kyi’s National League for Democracy who were arrested after the military seized power on Feb. 1.

Former Kayin state planning minister Than Naing was convicted by the state court of six corruption charges and given a 90-year prison term, including labor.

The second defendant, Nan Khin Htwe Myint, aged 67, the former chief minister of Kayin state and a top member of Suu Kyi’s political party, was sentenced to 15 years in prison on each of five charges.

Suu Kyi is also being tried on corruption and other criminal charges that her supporters say were concocted to discredit her and legitimize the military’s seizure of power.

Virtually any conviction would prevent her from running in elections that the military-installed government has promised to hold by 2023.

She was detained by soldiers on Feb. 2 and placed under house arrest, where she made a live-streamed broadcast calling for civil disobedience against the army takeover. She was then arrested on Feb. 8.

Myanmar has been mired in violence and civil unrest since the military seized power. Protesters against the takeover who faced beatings, shootings and arrests have turned increasingly to armed resistance, and insurgents are active in many parts of the country.