Reinventing street carnival for culture, tourism development

  The usually busy Oba Akran Avenue, Ikeja, Lagos, momentarily, was a beehive of art and culture activities recently, as the Lagos Street Carnival took centre stage with array of performances that brought to the fore the rich heritage of the State of Excellence and the nation’s economic capital and entertainment hub. It was no doubt a feast of performances and cultural display at the Street Carnival, a brainchild of the state government, which, as expected, turned the ever-busy Oba-Akran road in Ikeja, into a giant stage of sort, with…

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LASU VC tasks alumni on varsity development

Lagos State University (LASU) Vice-Chancellor, Prof. Olanrewaju Fagbohun, has said that alumni have a great role to play in the overall development of their universities. According to him, they are expected to play a key role in institutional ambassadorship, curriculum designing, sharing knowledge and experience, infrastructure development, evaluation and domestication of best practices, engagement of alumni members in the Diaspora and conflict resolution. Fagbohun, who was the guest speaker at the inauguration of the Great Ife Mainland Metro (GIMM) in Lagos, a branch of Obafemi Awolowo University (OAU), called Great…

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‘Nutrition, important tool for child brain development’

Dr. Bamidele Omotola is a Nutrition Specialist with the United Nations Children’s Fund (UNICEF). In this interview with REGINA OTOKPA, he discusses the importance of breastfeeding, parenting education in advancing early childhood development, among others. Why is the first 1,000 days of a child important in early childhood development? The underlying cause of malnutrition of a child or mother is care. The care element is what is missing and that care element is what is now amplified in the Early Child Development (ECD) particularly for that child. The Care for…

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If you love development, you’ll love Emmanuel

My mission is to unravel the new fragrance of politics in Akwa Ibom State. There appears to be a renewed sense of calm and unity. The small fries are still taking potshots, but the eagles are aligning. There is a renewed and alluring sense of brotherhood, friendship, warmth, affability and conviviality. Today, all men, made of sterner stuff, with diverse interests and independent dispositions seem to agree on one subject matter – Governor Udom Emmanuel. What the people are saying in different tones but in one harmonious symphony is that…

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NERFUND’s demise: Lesson for development banks

With the Federal Government finally set to nail the coffin of Nigeria Economic Reconstruction Fund (NERFUND) any moment from now, newly established develop ment finance institutions have no choice than to watch out for common pitfalls. ABDULWAHAB ISA reports After years of wobbling operations  hallmarked by huge non-performing loans, the Federal Government  seems fed up with foremost development financial agency-Nigeria Economic Reconstruction Fund (NERFUND). There are indications that the comatose agency  will cease to exist soon. Feelers from the supervisory Ministry  of Finance revealed that the ultimate decision to shut…

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Rivers at 50: Wike seeks unity, development

Nyesom Wike

Rivers State Governor, Nyesom Wike, yesterday urged the people of the state to come together irrespective of political affiliations and participate in developing the state. The governor, who spoke at a special service by Christians from all denominations at Saint Paul’s Anglican Cathedral, Port Harcourt, for the thanksgiving and dedication service for the state’s golden jubilee anniversary, said the state had a lot to celebrate in its 50 years of existence. Wike, who read the only lesson of the day from Leviticus 25: 8-24, with Christian leaders across the state…

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NSA probes N15bn recovery

The National Security Adviser (NSA), Major General Mohammed Monguno (rtd), has begun an investigation into the recovery of about N15 billion by the Economic and Financial Crimes Commission (EFCC). This is as President Muhammadu Buhari has directed the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN), to submit a report on the recovery. The EFCC had, last week Wednesday, recovered $43.4 million, £27,800 and N23.2 million totalling about N15 billion from a private apartment at the Osborne Towers in Ikoyi, Lagos. New Telegraph was informed…

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Malabu probe: Reps backpedal on Jonathan’s invitation

Barely a week after the House of Representatives’ ad hoc committee investigating allegations of corruption, malpractices, and breach of due process in the award of oil prospecting licence (OPL 245) better known as Malabu oil scandal, said it planned to invite former President Goodluck Jonathan, there are indications that the committee will no longer insist on the appearance of the former leader. New Telegraph reliably gathered that the ad hoc committee, led by Hon. Razaq Atunwa (APC, Kwara) may have considered the implications of the invitation of the former president…

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Local oil firms walking a tight rope

Indigenous firms are the worst-hit by myriads of challenges bedeviling the oil and gas industry. ADEOLA YUSUF reports on how many of them are running into bankruptcy     Aiteo, an indigenous oil firm, made the headlines penultimate week; basking in the euphoria of its new status as the biggest Nigerian- owned oil firm in terms of production, hitherto known by many as the petroleum product trading firm, it announced the production of the largest share of the 313,602 barrels per day output from indigenous companies. The firm’s management cannot…

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