News
Imo State Needs Peace to Progress – Ekeh, Zinox Boss
Leo Stan Ekeh, Serial digital entrepreneur and Chairman, Zinox Group, has called on all aggrieved parties in Imo State to embrace peace, noting that no form of progress can take place in an atmosphere of unrest or insecurity.
He made this known while speaking at the Imo State Government House during a courtesy visit to Governor Hope Uzodinma on Monday, May 24, 2021.
The Zinox boss, who has been pained by recent developments regarding insecurity in Imo State, had decided, based on reportage and discussions with various stakeholders, to visit the state for a personal assessment of the situation, even as he noted that the facts on ground show that the situation was not as bad as portrayed.
‘‘I think it is a temporary pain as activities were on full gear during the day and I hope night life shall soon return to what was a very peaceful state before this challenge,’’ he stated.
Ekeh, however, seized the opportunity to call for a cease-fire from all concerned parties.
‘‘The most critical thing to note is that peace is essential to the progress of any society. No meaningful progress can take place in a state where there is a high level of unrest, insecurity or a break-down of law and order. I wish to use this opportunity to plead with everyone to embrace peace, especially because this is not a time for division, but a time for all of us to band together and usher in progress in our dear state,’’ he declared.
The foremost digital disruptor, who hails from Mbaitoli LGA, decried the loss of lives and property in the state, noting that the situation may scare away potential and existing investors, if not curtailed. Furthermore, he pleaded with the people of Imo State, to save the state from such a scenario andsee dialogue as a better option.
‘‘Imo youths are very brilliant kids and street smart, but they must have faith in their future. This may be the right time to reskill to alter their destinies.Violence solves no problem. Instead, it makes a bad situation even worse.
“Rather than resort to violence, it is better to dialogue or find a middle ground. I plead with you all to consider this whenever issues arise. I also understand that the governor is a busy man. In such cases, you can reach out to people like some of us to speak with him.
‘‘I urge you all not to allow yourself to be used to destroy the state. Remember that any actions we take today may also destroy the future of our children and unborn generations.’’
Also speaking at the event, Gov Uzodinma, who reassured the Zinox boss that things had normalized, disclosed his commitment to ensuring peace and security in the state as a means of creating a conducive environment for progress and for businesses and other entrepreneurial pursuits to thrive.
While speaking with journalists on the sidelines of an event, Ekeh restated his love for Imo State, noting that he would continue to support every government in power in the state, irrespective of the status, party or identity of the governor.
‘‘I am not a politician and shall never be one in this my life time. My single interest is supporting any government in power for the progress of the state. I can tell you the Governor assured me that he is putting a lot in place to revive the economy.
“I frankly think the Federal Government, well-meaning Imo indigenes no matter where they reside, our friends and corporates operating in Imo state, should support in whatever little ways they can for absolute peace to return. I shall also do my bit.’’
In addition, the digital entrepreneur, who remains one of the biggest employers of graduates from Imo State, disclosed plans to enhance his investment in the state.
Stating that the coronavirus pandemic was a huge challenge to businesses and individuals worldwide, Ekeh noted that Nigeria was also experiencing the bitter pangs of the pandemic, having being ill-prepared for the crisis.
‘‘The truth is that no government or religious leader anticipated this disaster,’’ Ekeh disclosed.
He advised all to draw closer to God, even as he disclosed that God is the only distinguishing factor.
Ekeh, a renowned philanthropist, has touched millions of lives in Imo State and across Nigeria through his support for the less privileged, churches, educational institutions and other segments of the populace.
Through the Leo Stan Ekeh Foundation, his personal foundation, Ekeh has granted scholarships to many indigent students, constructed markets, provided Medicare for many and also set up an interest free N1.5bn revolving loan scheme for entrepreneurs, among many other noble interventions.
TikTok returned to the U.S. app stores of Apple and Google on Thursday as President Donald Trump delayed a ban on the Chinese-owned social media app and assured the tech giants they would not be fined for distributing or maintaining it.
The popular short video app used by nearly half of all Americans went dark briefly last month, before a law took effect on January 19 that requires its Chinese owner ByteDance either to sell it on national security grounds or face a ban.
The following day, Trump signed an executive order seeking to delay the enforcement of the ban by 75 days, allowing TikTok to continue its operations in the U.S. temporarily.
Although TikTok resumed service after Trump’s assurances, Google and Apple kept the app removed from their U.S. app stores.
TikTok, the second-most downloaded app in the U.S. last year, said on Thursday that its latest app was now available for download.
The delay could have been because Google and Apple were awaiting assurances that they would not be prosecuted for hosting or distributing the app, according to analysts.
Trump’s directive said the companies, which run mobile application stores or digital marketplaces where users can browse, download and update apps, would not face penalties for keeping the TikTok app up and running.
TikTok had more than 52 million downloads in 2024, according to market intelligence firm Sensor Tower.
About 52% of its total downloads were from Apple App Store, while 48% were from Google Play in the U.S. last year, Sensor Tower said.
The law that requires ByteDance to sell TikTok’s U.S. assets or ultimately face a ban was signed by then President Joe Biden last April, triggered by national security concerns and fears that China could use the video-sharing app to spy on American users.
The U.S. has never banned a major social media platform and the law that passed last year gives the government sweeping authority to ban or seek the sale of other Chinese-owned apps. Trump said on Thursday that his 75-day deadline on TikTok could be extended.
The turmoil at TikTok attracted several potential buyers, including former Los Angeles Dodgers owner Frank McCourt, who have expressed interest in the fast-growing business that analysts estimate could be worth as much as $50 billion.
Trump has said that he was in talks with multiple people over TikTok’s purchase and would likely have a decision on the app’s future in February.
Federal government has directed all Ministries, Departments, and Agencies (MDAs) operating in states to close their accounts with commercial banks and fully comply with the Treasury Single Account (TSA) policy.
Dr. Oluwatoyin Madein, accountant-general of the Federation,
The directive was issued by Dr. Oluwatoyin Madein, accountant-general of the Federation, during a working visit to the Federal Pay Office in Benin, Edo State.
This was disclosed in a statement released on Thursday by Bawa Mokwa, director of Press and Public Relations at the Office of the Accountant-General of the Federation.
Reaffirming the government’s commitment to the TSA policy, Madein warned that no MDA should operate accounts with commercial banks unless expressly approved by the President and officially communicated by her office.
The statement reads:
“While reiterating the Federal Government’s commitment to the Treasury Single Account policy, the Accountant-General of the Federation urged the Federal Pay Officers to monitor and ensure that Ministries, Departments, and Agencies in the States do not operate any account with the commercial banks or circumvent any provision of the TSA policy.”
She further stressed that any exceptions must follow strict guidelines, requiring presidential approval and formal communication from the Office of the Accountant-General.
Madein also tasked Federal Pay Officers (FPOs) with ensuring compliance, upholding transparency, and maintaining professionalism in their financial operations.
She warned against actions that could undermine the integrity of the Federal Treasury and emphasized the need for accurate financial record-keeping.
As part of ongoing reforms, she revealed that the Federal Government is constructing new Federal Pay Offices in some states to address infrastructure and operational challenges.
She assured that her office remains committed to the welfare of its personnel while enforcing compliance with financial regulations, including the Public Procurement Act and the Constitution.
Her visit to the Benin Federal Pay Office was part of a nationwide tour to assess the operations and challenges of Federal Pay Offices across the country.
National Biotechnology Research and Development Agency (NBRDA) is investigating the development of biocatalysts from underutilised bioresources through its Young Researchers Forum (YRF) research group for bioethanol production.
Prof. Abdullahi Mustapha, director general, NBRDA sated this in an interview conducted in Abuja on Wednesday
Biocatalysts, which can be either bacteria or enzymes, are biological entities that accelerate chemical reactions.
An alcohol-based fuel derived from renewable resources such as plants and algae is called bioethanol. It can be blended with petrol or used in place of it to cut down on petroleum use.
He asserted that bioethanol is crucial and that Nigeria has the means to fully investigate its possibilities, noting that the production of bioethanol will be helpful in setting up bioethanol plants.
“However, the catalyst for the fermentation of sugar to produce ethanol is what we are after, and we have it locally.
“When we isolate the biocatalyst, it is going to be useful in helping to establish a bioethanol factory, which will function very well due to our varying weather conditions,’’ he said.
Bioethanol has similar uses to fuels used to generate other classes of energy like heat, motor power, transportation, and electricity, the NBRDA chief added.
According to him, bioethanol is the most widely used biofuel in modern civilisation, and the process of turning biomass into bioethanol is receiving a lot of attention.
“Biological energies are renewable fuels with minimal pollution and play an important role in reducing greenhouse gas pollution, and one of them is bioethanol, which is obtained from fermentation operations.
“The world’s attention to the use of bioethanol as an energy source is focused on reducing the cost of production and increasing the efficiency of the ethanol industry.
“By consuming ethanol fuel instead of fossil fuels, the amount of greenhouse gas emissions known to be the cause of global warming will be somehow reduced,’’ Mustapha said.
According to the D-G, the creation of the Young Researchers Forum (YRF) demonstrates the agency’s efforts to support nation-building.
He added that young biotech innovators chosen from across the agency’s departments will use the conference as a training ground and launching pad.
The YRF, according to Mustapha, was a manifestation of his wish to establish an institutional framework for mentoring that would close generational divides.
He stated that one of the projects the YRF would concentrate on was the development of biocatalysts for the manufacture of bioethanol.
Researchers Develop Innovative Treatment for Malaria
Nigeria to Host ICEGOV 2025, A Milestone in Digital Governance and Global Leadership
African Union Launches Credit Rating Agency to Promote Regional Economic Integration
TikTok Returns on Apple, Google US App Stores as Trump Delays Ban
MTN Nigeria Foundation Supports Education with Donation of School Supplies to 1000+ Students
Canal+ to Carve, Spin out MultiChoice’s LicenceCo in Aggressive Takeover Bid
Fidelity Bank and NIYEEDEP Join Forces to Empower 6 Million Nigerian Youths
FCCPC Issues Message to Nigerians on How to Report Loan Apps Harassing Customers
Mobile App Usage to Drop By 25 Percent on AI Assistants- Study
NCC, NBTE to formulate IP Policy for Polytechnics, Technical Institutions
E-Business3 days agoSchmidt, Ex Google Chief Says AI Risky in Terrorist Hands
News3 days agoFG Order MDAs to Close Commercial Banks’ Accounts, Enforce TSA Policy
News2 days agoTikTok Returns on Apple, Google US App Stores as Trump Delays Ban
General News2 days agoResearchers Develop Innovative Treatment for Malaria
Telecom2 days agoVisa Launches Report on Digital Payment Landscape in Nigeria, Shows Positive Outlook
Broadcasting2 days agoFG Kickstarts Construction of Emerging Technologies Institute in Kano
E-Financial2 days agoAfrican Union Launches Credit Rating Agency to Promote Regional Economic Integration
General News2 days agoNigeria to Host ICEGOV 2025, A Milestone in Digital Governance and Global Leadership