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Barkindo Canvasses ‘Carrot and Stick’ for N/Delta Militancy

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Mohammed Barkindo, new secretary-general, Organisation of Petroleum Exporting Countries (OPEC), has urged the federal government to adopt the carrot and stick ‎approach to address the militancy in the Niger Delta region.

Barkindo said this while addressing State House reporters yesterday after meeting with President Muhammadu Buhari yesterday.

Answering a question on how the federal government could tackle attacks on oil installations in the Niger Delta, he said it would not be appropriate to comment on the issue as he learnt that negotiations were ongoing.

He, however, suggested thus: “For me, based on my own experience here, the option of carrot and stick, ‎as they call it, I think is the way forward.”

He expressed the confidence that the ongoing negotiations would bring stable and permanent solution.

Barkindo, a former Group Managing Director of the Nigerian National Petroleum Corporation, said the OPEC took note of the falling production in Nigeria as a result of attacks on oil facilities.

He said there were very positive reports that normalcy was being restored, adding that the support of the media was also very important because the oil market is fed by information, not by crude oil.

He said in view of the structural changes in the prices and cost of production of crude oil, OPEC member-countries must remain united to confront the challenges.

Barkindo said he had told Buhari that there was no alternative to the ongoing oil and gas sector’s reforms in Nigeria, saying they must be sustained.

He identified lack of continuity of policies and programmes as the bane of the Nigeria’s oil sector in the past, stressing that “Energy reforms, the world over, normally take some time to reach their targets.”

He said his six co-contestants for the OPEC top job stepped down for him because they considered Buhari’s integrity and status and believed that anybody the president endorsed should be given a chance.

Barkindo, who noted that he was the third OPEC Secretary-General elected from Nigeria, said his predecessors, Michael Fidele and Rilwanu Lukman‎ did well, and he intended to follow their footsteps and do his best to ensure the nation remained globally respected.
 


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Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria

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Legit.ng recently joined forces with the Shade of Life Foundation to become a voice of autism, and drive advocacy for improved media support during Autism Awareness Month.

Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria

Participants at the event

Conversations around media support exploration was led by Joseph Omotayo, head of Department for Human Interest Stories at Legit.ng, and Dr. Eziafakaku Nwokolo, founder and CEO of the Shade of Life Foundation,

This partnership is a response to the concerns raised by organizations like the Shade of Life Foundation about the level of support received from the media in discussing autism as a disability.

While other disabilities may receive attention, autism, with its critical developmental implications often lacks adequate representation in mainstream media.

Recognizing the importance of addressing these concerns, Legit.ng took proactive steps by integrating itself into the essence of autism awareness.

It facilitated a one-hour workshop with Dr. Nwokolo, the founder of the foundation, to deepen our understanding of autism, its various spectrums, and the language boundaries associated with it.

Other steps we took in advocating autism awareness in the media, can be seen in our attached press release.

Legit.ng believes that by amplifying the voices of autism and advocating for better media representation, we can contribute to creating a more inclusive and accepting society for all.

 

 

 

 

 

 

 

 

 


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As Nigeria Struggle, Tanzania Turns off Power Plants Due to Excess Supply

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While 85 per cent of Nigeria is in darkness, Tanzania, an African country has shut down five hydroelectric stations in a bid to reduce excess electricity in the national grid.

As Nigeria Struggle, Tanzania Turns off Power Plants Due to Excess Supply

Kassim Majaliwa, prime minister, Tanzania, has said the main plant, Mwalimu Nyerere Hydroelectric Station, alone generated enough electricity to power major cities, including Dar es Salaam, the country’s commercial hub.

It is the first time Tanzania, which suffers chronic power shortages, has closed hydroelectric stations due to excess production.

“We have turned off all these stations because the demand is low and the electricity production is too much, we have no allocation now,” an official from state-run power company, Tanesco, said.

The 2,115MW Julius Nyerere Hydropower Dam is said to be almost filled with water following heavy rains that started early this year.

Meanwhile, while the country has an installed capacity of 1,938MW and the grid installed capacity of 1,899MW, Nigeria which has an installed capacity of 13,000MW is struggling to electrify 85 per cent of its electricity consumers.


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President Tinubu Appoints Jim Ovia as Student Loan Fund Chairman

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President Bola Tinubu has approved the appointment of Jim Ovia, renowned banker and businessman, as the Chairman, Board of the Nigerian Education Loan Fund.

Jim Ovia

Jim Ovia

Ovia’s appointment is contained in a State House statement titled, ‘President Tinubu appoints Jim Ovia as Chairman of the Nigerian Education Loan Fund,’ and issued on Friday by Ajuri Ngelale, special adviser to the President, Media & Publicity.

The statement noted that “Ovia is the founder of one of Nigeria’s leading banks and a respected business leader, with a surfeit of efforts and benefaction towards nurturing and empowering young Nigerians.

“He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana.”

The National Student Loan Programme is a pivotal intervention that seeks to guarantee sustainable higher education and functional skill development for all Nigerian students and youths.

The Nigerian Education Loan Fund, the implementing institution of this innovation, demands excellence and Nigerians of the finest professional ilk to guide and manage.

“The President believes Mr. Ovia will bring his immense wealth of experience and professional stature to this role to advance the all-important vision of ensuring that no Nigerian student suffers a capricious end to their pursuit of higher education over a lack of funds,” the statement partly read.

Ovia’s appointment will also ensure “that Nigerian youths, irrespective of who they are, have access to higher education and skills that will make them productive members of society and core contributors to the knowledge-based global economy of this century.”


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