news and current affairs.
Petroleum Ministry ditches paper, goes fully digital by year-end
The top federal civil servant has ordered the petroleum ministry to stop using paper entirely. Mrs. Didi Esther Walson-Jack gave the directive during a launch event at the ministry's office in Abuja for a new digital records system. She told the Ministry of Petroleum Resources that they must fully switch to computerized work processes by the end of the year. This push is part of a wider government plan to digitize all agencies. Jack stated the ministry holds a key role for the national economy, managing policy for the oil and gas sector. She argued that old-fashioned paper methods cannot handle the workload from dealing with regulators and companies anymore. The new electronic system is meant to speed up work, keep records safe, and...
AfDB drags big money to London, bets on Africa’s untapped capital
The African Development Bank is trying to pull in way more private money into the continent. Its president, Dr. Sidi Ould Tah, teamed up with the British government to host a big investor meeting in London. They called it the First African Private Capital Mobilisation Day. The main point is tackling a huge four-hundred-billion-dollar yearly shortfall in development funding. Ould Tah said they need to work with pension funds, insurance companies, and other big financial players under a new plan for Africa's financial structure. A UK development minister, Jenny Chapman, welcomed the event to London, noting the city's role in moving investment money. She framed Britain's changing approach as moving from giving aid to becoming a financial...
Nigeria’s waters stay pirate-free, IMO Council seat sealed
The head of Nigeria's maritime safety agency says the shipping industry had a very good year. Director General Dayo Mobereola, in a message relayed by spokesman Osagie Edward, cited a full twelve months with zero pirate attacks as a top achievement. He also pointed to Nigeria winning a seat on the International Maritime Organization council and the president signing new global treaties. These events, according to the agency, show the sector is becoming more stable and attractive to investors. Mobereola listed the piracy record, the three treaty accessions by President Bola Tinubu, and general labor peace as reasons for the positive review. He credited cooperation from shipping companies and worker unions for the progress. With the new...
Nigeria sails piracy-free, snags IMO Council seat in maritime win
Nigeria's maritime agency says last year was a major win for the country's shipping sector. The director general of NIMASA, Dayo Mobereola, pointed to a full calendar year with no pirate attacks in local waters. He also highlighted Nigeria getting a seat on the International Maritime Organization's council and new treaty signings by President Bola Tinubu as key achievements. These factors, he stated, have built more confidence for investors and lowered insurance costs for ships. Mobereola credited cooperation from industry unions and other partners for the stability and growth. He promised the agency would push even harder on safety and environmental rules in the coming year, especially with the new global responsibilities from the IMO...
PPIAF flips $13M into $3B, powers up Africa’s infrastructure hustle
A global infrastructure funding group is reporting a major acceleration in pulling private money into projects. The Public Private Infrastructure Advisory Facility, or PPIAF, says it has triggered almost three billion dollars in investment halfway through its current five-year plan. Their latest annual report shows this jump comes from a shift in strategy, moving earlier into projects to shape policies and rules instead of just helping with single deals. The report notes that for every grant dollar they gave last year, a much larger amount of private capital followed. In the last financial year alone, their thirteen million in grants helped set up four hundred million in expected private investment. Since their renewed strategy...
Beach plastic gets glam glow-up, eco-hustlers turn trash to cash
A sustainability group called Rite on the Beach just held a conference about getting communities better access to resources. Their founder, Akintunde Disu, explained that the focus is on turning plastic waste into jobs and community benefits, especially for coastal areas and younger people. The gathering talked about using data, new ideas, and teamwork to help these places join the circular economy. Disu stated their project has already cleared thirty tons of plastic bottles from Lagos beaches over the past three years. They recycle the material and work with schools like the University of Lagos on finding creative answers. The whole idea is to spot overlooked stuff, like bottles on the sand, and change them into chances for making...
NCC sizzles online, snags spot among Nigeria’s top 3 gov websites
That telecom regulator, the NCC, just got another nod from the government for having a good website. The Bureau of Public Service Reforms ranked them second best out of over two hundred federal agencies. Only Galaxy Backbone Limited scored higher, with the Nigeria Export Promotion Council coming in third. This follows a similar recent recognition from the Presidential Council on business environment, putting the commission in the top five for performance. The website ranking used fourteen different checkpoints, like how the site looks, how secure it is, and if it works well on phones. The award ceremony happened at the bureau's office, with the NCC's Executive Commissioner for Technical Services, Abraham Oshadami, accepting the plaque...
Nigerian-built race cars zoom into the spotlight, NADDC cheers local hustle
The head of the national auto council is backing some homemade race cars. Joseph Osanipin, leading the NADDC, praised the Nigerian-built vehicles shown at the Lagos AutoFest. He said efforts like this help the local car industry and create jobs. Three models, called WP1, WP2, and WP3, which had the council's stickers on them, performed high-speed runs at the event. They were designed and put together entirely within the country. The festival itself, put on by Work and Play Promotions with the BMW Club, turned the Marina area into a racing venue. It drew big crowds and over a hundred automotive fans. Drag racing happened on several downtown streets. The producer, Adeoye Ojuoko, stated that their goal is to push vehicles made in Nigeria...
PTAD tightens pension checks, no walk-ins without invite
This pension office, PTAD, has specific days for different groups to get verified at their offices in Abuja or Lagos. People who worked for Customs, Immigration, or the Prisons service, plus those from parastatal organizations, should go on Tuesdays. Civil service retirees are scheduled for Wednesdays. Police and parastatal pensioners have their day on Thursdays. Because of ongoing health concerns, you cannot just walk in anymore. Everything is by appointment only now. Retirees need to email their paperwork to [email protected] first for an invitation. If you live outside Nigeria, you can get an "I am alive" certificate from your nearest embassy. Send that with your resident permit, passport data page, and career documents to...
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