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“Better Local Govt Administration Will Quicken Pace Of Development”-Glo Chairman, Mike Adenuga

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Dr. Mike Adenuga Jnr., The Chairman of Globacom, Nigeria’s fully-integrated telecommunications solutions provider, has advocated for better local govenemnt administration.

Dr Adenuga who made the statement stin a goodwill message to the 3rd Annual Oba Adetona Professorial Chair Lecture of the Olabisi Onabanjo University, Ago Iwoye., Ogun State noted that putting in place the right political structures at the local government level will quicken the pace of development in the country

He stated that  the local government was critical to nation building, noting that if the values of honesty, hard work, accountability and good character were imbibed at the grassroots, it would be easier to achieve good governance at the state and federal levels.

He said this was why Globacom identified with the theme of the Lecture “Grassroots Governance, the soft underbelly of Nigeria’s political architecture”, adding that “if we get it right at the local government level, we will get it right at the top as all politics is local”.

Globacom sponsored the lecture which was held in Ijebu Ode on Friday to celebrate the 85th birthday of the Paramount Ruler of Ijebu land, Oba Sikiru Kayode Adetona.

Dr Adenuga, who last year donated N20 million in support of the Professorial Chair at the institution said it had served as a forum to generate seminal ideas for the enthronement of good governance in the country.

He commended Oba Adetona for donating the Chair at the Olabisi Onabanjo University.

In his own speech at the event, Oba Adetona expressed gratitude to Globacom and the people of Ijebuland for their unparalleled support for him over the years, adding that it had led to great development and progress in his kingdom

The current occupier of the Chair who also delivered the lecture, Professor Ayo Olukotun, said that local governments in the country had failed and should be replaced because of the yawning gaps in development.

Also speaking at the Lecture, the Chairman, Board of Trustees of the Professorial Chair, Mr. Olatunji Ayanlaja, announced that Oba Adetona had created a N1 Billion Trust Fund of his personal money for the maintenance of the Awujale’s Palace.

He added that the official residence and the office of the Chair at the Olabisi Onabanjo University would be ready for commissioning in three months

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FG Endorses Groundbreaking Clean Cookstoves Project, Partners GreenPlinth Africa

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In a landmark move towards sustainable development and environmental conservation, the Federal Government of Nigeria through the National Council on Climate Change has officially endorsed a revolutionary initiative aimed at addressing global climate crisis, environmental challenges and improving livelihoods across the nation.

Under the auspices of GREENPLINTH AFRICA LIMITED, in collaboration with strategic partners, an ambitious Article 6.4 project has been launched to distribute 80 million clean cookstoves free of charge to households throughout Nigeria.

This initiative, the largest single clean cooking systems project in the world, marks a significant step forward in combatting the adverse health and environmental impacts associated with traditional cooking methods, such as indoor air pollution and deforestation.

The provision of clean cookstoves is set to transform the lives of millions of Nigerians, particularly women and children, who are disproportionately affected by the harmful effects of traditional cooking practices. The adoption of clean and efficient cookstoves by households will lead to improved indoor air quality, reduce respiratory illnesses, and largely contribute to mitigating climate change through lower carbon emissions.

In a statement by Dr. Olawale Akinwumi, president and CEO of GREENPLINTH AFRICA LIMITED, the Director General of the National Council on Climate Change, Dr. Salisu Dahiru recently issued a formal Letter of Endorsement (LoE) for the Improved And Efficient Cooking Energy Solution For Nigeria – a Programmatic Article 6.4 Project.

Dr. Dahiru, who is also the Designated National Authority (DNA) and the United Nations Framework Convention on Climate Change (UNFCCC) Focal Point in Nigeria averred that the project would result in greenhouse gas emission reduction and more importantly lead to sustainable forest development and job creation in Nigeria.

According to him, besides reduction in domestic emissions, the project will decrease upper respiratory infections, thereby leading to improved health conditions; and equally enhance the nation in achieving sustainable development and the goals of Nigeria’s Nationally Determined Contributions (NDCs).

Speaking on the importance of the project, Dr. Victor Fodeke, vice president and GMD of Greenplinth Africa Limited stated that the initiative will particularly benefits vulnerable communities, women, and children, who bear the brunt of health issues linked to traditional cooking practices. “Nigerians will experience tangible benefits while collectively contributing to global efforts in combating climate change”, he said.

Dr. Fodeke, a former Technical Adviser on Climate Change to the African Union (AU), declared that in addition to the deployment of clean cookstoves, the project includes an ambitious afforestation campaign, with plans to plant a staggering 4 billion economic trees across the nation. This initiative not only aims to combat deforestation but also to promote sustainable land management practices, enhance biodiversity, and create economic opportunities for communities across Nigeria – stimulating economic growth by creating new avenues for employment and income generation.

“The Article 6.4 Clean Cookstoves Project will be a foreign exchange earner for the Nigerian economy. This is first time anywhere in the world that efficient clean cookstoves project of this magnitude is being launched to be fully funded for every household, and 100% financed by Carbon Credits.

“Our PANDA Cookstove is also the first clean cookstove in the world to be launched with the co-benefit of Innovative Tree Planting and Nurturing to eliminate or reduce Poverty, Hunger, and Diseases,” he concluded.

The Federal Government’s endorsement of this groundbreaking Article 6.4 initiative underscores its commitment to fostering sustainable development, environmental stewardship, and the well-being of its citizens.

The Improved and Efficient Cooking Energy Solution for Nigeria is a United Nations Framework Convention on Climate Change (UNFCCC) Global Climate Action Portal (GCAP) registered Initiative.

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Court Denies Binance Executive Tigran Gambaryan Bail

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Justice Emeka Nwite of the Federal High Court Abuja, on Friday, refused to grant bail to an executive of Binance Holdings Limited, Tigran Gambaryan.

Justice Nwite held that Gambaryan is likely to jump bail if granted to him.

The company and its executive were arraigned on a five-count charge bordering on money laundering before Emeka Nwite, judge of a Federal High Court in Abuja.

The defendants pleaded not guilty to the charge.

Moving an application, Counsel to the Defendant, Mark Mordi, argued that the court had the power to grant bail to the defendant and impose conditions to ensure his presence in court.

The prosecution counsel, Ekele Iheanacho, however opposed the bail application, stating that the defendant is a flight risk.

He stated that the defendant attempted to obtain a new passport, which he claimed was stolen, and this is a suspicious act given the proximity to his colleague’s escape from custody.

He added that the court cannot risk granting Gambaryan bail, especially as he is not attached to any community in Nigeria.

“The fact that the passport of the defendant is with the complainant does not guarantee that he will remain in Nigeria because the defendant is not only an American citizen but also an Armenian citizen by birth.

He urged the court to refuse the application and instead remand him in EFCC custody to ensure his safety and prevent potential flight risk.

Delivering ruling, the judge said several factors including the nature of offence and its severity must be considered when trying to decide whether or not bail should be granted to the defendant applicant.

Justice Nwite agreed with the depositions made by prosecution and was of the view that the applicant will jump bail if bail is granted to him.

He subsequently ordered that the trial be given an accelerated hearing.

After the ruling, the EFCC called its first witness, a staff of the Securities and Exchange Commission (SEC).

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Governor Adeleke Felicitates with Dele Momodu at 64

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The Executive Governor of Osun State, Senator Ademola Adeleke has felicitated with the celebrated journalist, and Publisher of Ovation Magazine, Akinrogun Dele Momodu on the occasion of his 64th birthday, describing him as “a pride of the media industry.”

Governor Adeleke noted Akinrogun Momodu’s heartwarming contributions to a just and equitable society, saying he has touched the minds and hearts of countless people with insightful words, logistic support and unwavering dedication to truth and justice.

The Governor appreciates the Ovation Magazine Publisher’s sustained commitment to informing and enlightening the public as a weapon of nation building, acknowledging him as an inspirational figure, who has empowered readers to think critically, and engage meaningfully.

“I congratulate my dear friend, Akinrogun Dele Momodu, on the auspicious occasion of his birthday. The Aare Tayese of Iwoland is a unique personality, who has touched lives positively and brought smiles to countless faces,” the Governor was quoted in a congratulatory message, signed by his spokesperson, Mallam Olawale Rasheed.

“On this auspicious occasion, I honour both your wonderful life and exceptional contributions to the media sector and the larger society. I note, with admiration, Akinrogun Momodu’s deep sense of commitment to a better Nigeria, which is manifest in columns and public discourse.

“On behalf of my family, I convey best wishes to Akinrogun Momodu on his birthday and it is my prayer that God grant him many celebrations in good health and happiness while also bestowing him the grace to give more to humanity.”

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