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Home Blog Page 5119

Open Banking in Nigeria – A New Tekedia Mini-MBA Course

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Open Banking Nigeria played a major on the latest redesign in our banking ordinance. Yes, the Central Bank of Nigeria (CBN) has published operational guidelines for open banking, a framework which will make it possible to securely share relevant customer data, via APIs, in the ecosystem. We expect this playbook to have impacts in the financial sector.

Consequently, Tekedia institute Mini-MBA has added a course on Open Banking in Nigeria for our next edition which begins June 6th. Open Banking Nigeria’s Chigozie Madubuko and Malaika Ademola-Majekodunmi will teach the course. Come and understand the promises of open banking and how it could affect your business, career, etc.

We invite you to the modern school  where courses are relevant, fresh and useful. Register here.

Nigeria Activates Digital Tracking System For Passport Application

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The Federal Government of Nigeria has activated a passport tracking system that allows applicants to monitor and know the status of their application online.

The Minister of Interior, Rauf Aregbesola disclosed this during the passing out parade of the 47th Basic Superintendent Course, 2021/2022 at the Nigerian Immigration Service (NIS) training school in Kano State on Tuesday, 24th May 2022.

He said, “One of the challenges of the NIS in the recent past is in the issuance of the Nigerian passport. I am, however, happy that we have overcome this and have now put in place a seamless passport administration system.

“We have also activated a tracking system that allows applicants to monitor and know the status of their application online.”

The minister who was represented by the Commissioner of the Civil Defence, Customs, Fire Service and Immigration Board, Emmanuel Bassey further stated that before the end of the year, the NIS would boast of a fully digital application system that would remove any stress in the process.

“Let me reiterate my appeal to Nigerians to follow laid down regulations on passport application by going through the NIS online portal.

“Those who go through touts and unscrupulous NIS officials are undermining our effort to eliminate corruption and institute a stress-free application system.

“It is, therefore, your patriotic duty to go through the official channel and avoid any practice that subverts the due process.”

The Minister hinted that their engagement with the NIS reaffirmed the government’s commitment to strengthening internal security of which the country’s borders were an integral part.

According to him, without secure borders, no security measure could work, saying external criminally-minded persons can infiltrate the country and escape at will if the borders are not well secured.

He equally observed that diseases spread from one country to the other through cross border movements.

Aregbesola urged the personnel to put the training and indoctrination to use in manning the border.

“You need to know what the organization you have joined, the NIS, is all about. As you have been taught, your main mission is to man the nation’s borders.” he added.

He therefore lauded President Muhammadu Buhari for his support to the ministry and by extension, the NIS.

The Minister also commended the Acting Comptroller General of Immigration (CGI) of the NIS for his professionalism, diligence, patriotism and the sterling way he had handled the affairs of the Service since his assumption of duty.

Earlier on the occasion, the acting CGI, Idris Jere advised the officers to always be guided by the rules governing the operations of the Service premised on honesty and professionalism.

Jere thanked the Minister of Interior and the Government for the continuous support accorded the Service in its operations and manpower development activities.

Speaking also, the Commandant of the School, Comptroller Ado Rano, stated that the 548 cadets were taken through modern Border Security and Migration Management training, including physical drills to make them fit for the tasks ahead.

He stressed that members of the directing staff of the school demonstrated uncommon commitment during the course and thanked the CGI for the opportunity.

It’s noteworthy that heads of various security agencies, traditional rulers and members of the public graced the occasion.

The introduction of a passport digital tracking system is indeed a welcome development, to assert the least. It couldn’t have come at a better time than now the global community is drastically switching into the digitized sector.

However, such a measure shouldn’t stop at merely pronouncing its existence. Hence, the government and all relevant authorities, such as the NIS, must make efforts to ensure apt implementation as well as adequate sustenance in the long run.

Buhari, African Leaders Donate To African Union Over Humanitarian Issues

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African Union

President Muhammadu Buhari has pledged to donate $3 million to the new humanitarian agency set up by the African Union (AU). 

He made this known on 27th May 2022 at the ongoing AU Summit in Malabo, Equatorial Guinea.

The summit tagged ‘extraordinary humanitarian summit and pledging conference’, as well as the ‘extraordinary summit on unconstitutional changes of government in Africa’, is being held from May 25 to 28, 2022.

According to a statement by the Special Assistant to the President on Media, Garba Shehu, at the 16th AU extraordinary session, Buhari remarked that more than five million people had been displaced in the Lake Chad region, with 70 percent of them mostly Nigerians.

The president said in tackling this menace, his administration created the Ministry of Humanitarian Affairs, Disaster Management and Social Development, to respond to the growing issues relating to displaced persons.

“This is in line with the Kampala Convention for the protection and assistance of internally-displaced persons.  I am glad to inform your excellencies that the Ministry of Humanitarian Affairs of Nigeria has continued to live up to its mandate in responding quickly to all situations of displaced persons and disaster management.” he said.

Reacting to the establishment of the new humanitarian agency by the AU, Buhari opined that the development would help Africa to effectively coordinate and respond to crises on the continent.

The president therefore pledged to donate $3 million for the commencement of operations at the newly-created AU humanitarian agency, as he called the attention of the Union to rising global warming issues across the world.

Having stated that Africa needed to focus on preserving its aquatic and ecological systems, Buhari said, “We cannot deny the fact that we have a very dangerous humanitarian crisis in our hands.”

“The rationale for the establishment of this agency is to forge a common African position on humanitarian effectiveness and to create an appropriate continental architecture to effectively respond and coordinate humanitarian crises on the continent.

“You will agree that this conference could not have come at a better time, considering the challenges posed by the increasing rate of Internally-Displaced Persons, Refugees and Returning Migrants, to our various countries and the continent at large.

“As you are aware, Mr Chairperson, the world is confronted by emerging threats, such as climate change, resulting in global warming, rising levels in waters, in some climes shrinking of rivers and lakes.

“All these lead to distortions in our aquatic and consequently ecological systems.  Conflicts, violent extremism and terrorist attacks, including herdsmen-farmers clashes and banditry lead to the displacement of whole communities, thus rendering thousands of people homeless.”

On his part, the President of Senegal and AU Chairman, Macky Sall also pledged $3 million on behalf of his country and asked other African leaders to contribute to the establishment of the agency.

In a related development, the President of Equatorial Guinea, Teodoro Mbasogo who hosted the summit, also promised the sum of $4 million. He said half of the money would go to the agency, while the other half would go to Mozambique.

The gesture as recorded at the AU Summit was commendable and a way forward. But the major plight being usually faced by the continent remains misappropriation of public funds, hence the need to create a measure that would ensure accountability in the long run.

However, it could be mind-boggling that Buhari has been busy donating to several for a across the globe while the various unions in Nigeria’s education sector remain on strike.

African leaders must acknowledge they are expected to tackle the numerous internal crises bedeviling their respective countries before considering the external ones, so their followers wouldn’t end up casting spells on them.

The Nigeria’s adulterated version of feminism

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What led me to write this piece is the unwanton attacks a lady who recently got married has been getting from so-called “feminist groups” on social media. Her offense was that she knelt down and gave her husband a drink. The act of Kneeling and serving a drink to your husband is a cultural ceremonial display that happens during traditional marriages but this unharmful culture always triggers the Nigerian feminists to come for the head of any lady who does these and tear her down into pieces for being a saboteur of their dear movement.

Normally, I don’t write about contentious and controversial issues like these but the fact that they keep reinforcing and garnering momentum as if no one can call them to order is my motivation to write about this. If the Nigerian so-called feminists don’t have anyone to tell them then here I am to tell them that they are just a bunch of jokers who really don’t know what feminism as a movement stands for and who don’t what to educate themselves on the cardinal ideologies of this beautiful movement.

Truth be told, the ideologies of feminism practiced in Nigeria is a corrupt and adulterated version of what the worldwide feminism which originated in the west is all about.

Most Nigerian feminists are just bitter and resentful bunch who due to some of their bad experiences have grievances against the male gender and that is what catalysts their so-called feminism standpoint. They are also a narcissistic group of individuals that always want to enforce their rules on everyone and want every lady to go by their rules and if any lady fails to go by those rules that lady will automatically be tagged as a saboteur sabotaging their movement.

Feminism for the record is not a fight against men; it is not a worldwide attack against the male gender rather it is a fight for equality in which even men are comrades and have long identified with the movement.

Men want women to have equal opportunities and not be discriminated against due to their gender. Every man who has a daughter or has a sister won’t be happy when his daughter or sister or friend is discriminated against due to the fact that she is of the female gender. So feminism is a movement for both gender and every gender support it. Therefore, the attacks from the frontiers of the movement in Nigeria are totally unnecessary; we are comrades in this struggle.

Feminism is just advocacy for women’s rights on the ground of equality. It is about all genders having equal rights and opportunities. It is a socio-political movement that arose from the need to rectify sexual inequalities and create equal opportunities for both genders

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Back to how Nigerian Feminists have successfully reduced an admirable movement to something nobody would want to be identified with any longer.

The so-called feminist should also understand that feminism is not a fight against “unharmful” cultures and traditions. The court is there to declare “harmful” cultures and traditions that are repugnant to natural justice, equity, and good conscience invalid.

There is nothing harmful about a woman ceremonially kneeling to serve her husband a drink in their traditional marriage ceremony and that should not make the woman be turned into a board of attack for this act.

It is a patriarchal society no doubt but some things are not threats to the female gender. The kneeling down controversy is never a threat to equality nor can it reinforce discrimination against the female gender.

If you are a feminist and you choose not to celebrate your marriage in that style, fine and good but attacking another fellow for their choice only shows that you are just a narcissist who is bitter and jealous.

For the sake of emphasis for the Nigerian feminists; feminism is a movement for equality amongst both gender and a movement against gender discrimination and I am yet to grasp my head around how a lady ceremonially kneeling to serve her man a drink in accordance with their culture is sting on equality.

UNICEF Frowns Over High Poverty Rate Among Children In Nigeria

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The United Nations Children’s Fund (UNICEF) has stated that 47.4 percent of children in Nigeria live in households that spend less than N400 per day.

In a statement on Friday, 27th May 2022, in respect of the International Children’s Day, the UNICEF representative in Nigeria, Peter Hawkins observed that 54 per cent of children in Nigeria were ‘multi-dimensionally poor’.

Child poverty refers to the state of children living in poverty including children from poor families and orphans being raised with insufficient or no state resources.

Vice-President Yemi Osinbajo, on Friday, launched three reports on how poverty affects children in Nigeria, ‘The Situation Analysis of Children, Multidimensional Child Poverty Analysis and the Monetary Child Poverty in Nigeria’.

Speaking on the report, Hawkins said the multi-dimensional child poverty report showed that more children were living in poverty in rural than urban areas.

He disclosed that children in Nigeria had been denied at least three out of seven child rights benefits, adding the country would need about ‘one trillion’ to tackle child poverty.

“The multidimensional child poverty analysis using multidimensional overlapping deprivation analysis approach reveals that approximately 54% of children in Nigeria are multi-dimensionally poor by facing at least three deprivations across seven dimensions of child rights including nutrition, healthcare, education, water, sanitation, adequate housing, and information.” the statement reads.

“Multidimensional poverty in children is more prevalent in the rural (65.7 %) than urban (28.4 %) areas. There are also high state disparities ranging from 14.5 % in Lagos to 81.5% as it’s the case in Sokoto.

“The monetary child poverty report shows that 47.4% of children face monetary poverty by living in households with expenditure less than N376.5 per day – national poverty line. Slight differences are observed between boys (47.98 %) and girls (46.8 %) while there are high geographical and state disparities (from 6.5% in Lagos to 91.4% in Sokoto.

“In Nigeria, according to the report, 24.56% of children face extreme poverty by living in households that spend less than $1.90 per day.

“The analysis indicates that the country would need as roughly as 1 trillion naira to lift children out of poverty.

“The situation analysis indicates that child poverty rate is highest among children aged 16– 17 years and least among children aged 0–5 years.

“It notes that children are most affected by poverty because they are vulnerable and that poverty has long-term impacts on the well-being of children, even into adulthood.”

Hawkins therefore called for more efforts by the government and concerned stakeholders on addressing the situation, adding, “we still have a long way to go towards ensuring the well-being of children and families in Nigeria, with persistent multi-dimensional poverty being a crucial obstacle”.

It wasn’t news to hear that Nigeria as a country is being ravaged by abject poverty. The situation has thus far lingered that it requires a drastic and severe measure towards alleviating it.

The societal menace signifies that, on the average, a Nigerian child is prone to all kinds of vulnerability. This is the reason, on a daily basis, we would be greeted with ugly news of various forms of child abuse such as trafficking, prostitution, molestation, and rape, especially among the female folk.

The governments at all levels across the Nigerian State are therefore enjoined to expedite actions in a bid to ending the ongoing high poverty rate among the children in their respective jurisdictions.