Connect with us

News

Ounje Eko: Agric Commissioner Hails MoneyMaster PSB on Partnership

Published

on

The Lagos State Commissioner for Agriculture and Food Systems, Abisola Ruth Olusanya, has lauded MoneyMaster PSB for its support for the state’s ‘Ounje Eko’ initiative.

She gave the commendation recently during an official visit by the executive management team of the bank to  her  Ikeja, Lagos, office.

The commissioner thanked the team for the visit and expressed appreciation for  the support for and participation of the bank in  the Phases 1  and 2 of the Ounje Eko project.

She challenged the bank to work more closely with the Ministry, saying such collaboration will  bring additional dividends through ongoing and future initiatives to Lagos residents.

Head, Agency Banking, MoneyMaster Payment Service Bank, Mr Julius Arhebun, in his response thanked the Lagos State Government for appointing the PSB as one of the official collection banks for the food initiative.

‘Ounje Eko’ initiative is a weekly food discount market where Lagos residents can buy  a variety of food items at a discount of 25 per cent.

Arhebun, who was accompanied on the visit by Dimeji Amao; Head,  Merchant and  Enterprise Business, Bulus Ayuba; Head, Operations and Olumide Orojimi, Head, Marketing Communications  pledged additional support and readiness of the bank for  future initiatives of the Ministry.

MoneyMaster PSB is a leading provider of innovative digital financial products and services that transform lives and contribute to sustainable living. With a mission to deepen financial inclusion, MoneyMaster has been instrumental in providing financial technology services to bridge the gaps between the banked, underbanked and unbanked population.

The bank recently launched a 10% data bonus and 100MB seeding bonus to its existing and new customers to deepen financial inclusion. The offers are available to Nigerians via the USSD code and mobile banking app.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

INEC Rejects N40bn Allocation, Proposes to Spend N126bn in 2025

Published

on

By

The Independent National Electoral Commission (INEC) has proposed the sum of N126 billion for its 2025 budget.

Chairman of the Commission, Prof Mahmood Yakubu, made the presentation while defending the 2024 budget implementation before the National Assembly on Friday.

He pleaded with the National Assembly to approve the 2025 budget, which is nearly three times the size approved last year.

“Our proposal for 2025; the Commission requires the sum of N126 billion. So, we will like the support of the National Assembly members to ensure that we are adequately funded for the responsibilities we are required to discharge, and most of these responsibilities are constitutional, they are not just in the Electoral Act,” Prof Yakubu said.

Prof Yakubu expressed concerns over the high cost of conducting elections in Nigeria, describing it as exorbitant and burdensome.

He highlighted that despite INEC being one of the largest employers in the country, it operated on a reduced budget of N40 billion last year, significantly lower than the N80 billion initially requested.

He emphasized the financial strain this has placed on the commission’s ability to carry out its responsibilities effectively.

In a bid to address these challenges, he appealed to the lawmakers to organize a retreat where both the legislature and INEC can collaborate, exchange ideas, and find solutions to the pressing issues affecting the electoral process in Nigeria.

“We need a major conversation, the commission cannot continue conducting election all year round,” he said.

The INEC Chair further lamented the deteriorating state of INEC’s facilities, particularly the 860 buildings across the country, which are in urgent need of repair.

Continue Reading

News

Rivers: Court Grants Fubara Power to Run State with Three Lawmakers, Okays Budget Presentation

Published

on

By

A Rivers State High Court has ruled that Governor Siminalayi Fubara is legally empowered to transact business with the three lawmakers who have not vacated their seats in the State House of Assembly.

Justice Sika Aprioku said this in his judgment on December 20, 2024, while dismissing a suit seeking to compel the governor to represent the 2024 budget to the Martin Amaewhule-led Assembly.

The said suit marked PHC/3552/CS/2024 was filed by the Registered Trustees of the Association of Legislative Drafting and Advocacy Practitioners and had the Government of Rivers State, the governor of Rivers State, and the Attorney General of the State as defendants. It sought to compel the governor to represent the 2024 budget to the 27 lawmakers led by Amaewhule for passage into law.

After considering the arguments from the different counsels, Justice Aprioku ruled that Governor Fubara could transact business with the members who did not vacate their seats.

“Therefore, the same way His Excellency Ezenwo Nyesom Wike, presented Budgets and financial Bills with only six members when the numbers were less than two third 2/3 of the 32 Members, so shall His Excellency, Siminalayi Fubara, the Governor of Rivers State be constitutionally guided to interface, and approach the properly constituted House of Assembly led by Oko-Jumbo, to carry on the business of the state and until the 27 lawmakers who defected and lost their seats, approaches the court, for a redemption or INEC conducts another election to the seats vacated by the 27 lawmakers upon their defection,” the court said.

“In sum, until the Supreme Court gives its verdict on the issue of jurisdiction which affects the status of the 27 lawmakers, it is only those who did not vacate their seats, the Governor can constitutionally approach to the present budget, appoint chief judges and president, customary court; also screen commissioners, including the attorney general and make board appointments.

“That the claimant’s claim seeking declaratory and injunctive reliefs for the re-presentation of the 2024 Budget to the former 27 lawmakers, who defected and automatically vacated their seats, lacks merit and is accordingly dismissed.

“That this suit be and is hereby dismissed, with cost in the sum of N500,000.00, awarded in favour of the defendants and against the claimant.”

Continue Reading

News

Tinubu Concludes One Day Visit to Enugu, Promises to Complete Eastern Rail Line

Published

on

By

President Bola Tinubu promised on Saturday that his administration would complete the Eastern Rail line connecting Port Harcourt to Maiduguri in Borno State.

Tinubu, according to a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, gave the assurance at an interactive session with South-East leaders in Enugu.

The president was in Enugu State on a one day visit, where he commissioned projects undertaken by Governor Peter Mbah’s administration.

He also pledged that his administration would support the development of the Anambra Basin as a significant energy reserve.

The basin is estimated to hold up to 1 billion barrels of oil and 30 billion cubic feet of gas.

Tinubu said: “On the support of the gas infrastructure. Sure, gas is an alternative to petrol. There is no wasting of time than to invest more in it. We will do it together, and I am lucky I have good governors.”

He praised Governor Mbah for his development model and philosophy after inaugurating several projects executed by the state government.

He said the Federal Government would continue to support Enugu and other states in their development efforts.

Among the projects inaugurated by the president were the GTC Smart Green School; New Haven/Bisalla Road, the International Conference Center, the Command-and-Control Center, and 150 patrol vehicles equipped with surveillance cameras.

President Tinubu also performed the virtual commissioning of other notable projects from the Enugu State Government House.

At the inauguration of the Command-and-Control Center, he said investment in security would bring rapid development.

“This is a profound demonstration of what we can do together. It reassures me that more revenue going to the sub-nationals and local government is not a waste. It is for development.

“We have committed leaders like Peter Mbah taking Enugu on the path of 21st-century development, taking Enugu to greater heights, and building our tomorrow today.

“I don’t care which party you come from; you are my friend. Alex Otti of Abia State is also doing very well. It is not about the differences in languages and place of birth.

“No one of us has control of the mother tongue. God created us, and you can find yourself in Enugu, Onitsha or Lagos.

“We are all members of one huge family called Nigeria. But we live in different rooms in the same house.

“We must build this house to satisfy our immediate and future needs,” President Tinubu added.

Continue Reading

Trending