General News
Philips Backs Action to Save 98% Energy From Wastages

The ‘2015 Energy Productivity and Economic Prosperity Index’ launched on Tuesday revealed the huge potential for societies to raise economic performance and extend significant environmental and social benefits through improved energy productivity.
The Index, authored by The Lisbon Council, Ecofys and Quintel Intelligence and commissioned by Royal Philips, is the first global report to rank countries by their energy productivity, based on their economic output per unit of energy consumed.
The report warns that the current rate of energy productivity improvement, around 1.3% worldwide each year, is too slow to keep pace with the rising energy demand.
The report finds that most energy productivity gains will need to come from improvements to residential and non-residential buildings.
A simple illustration of energy productivity is boiling an egg, where only 2% of the energy consumed goes into producing the boiled egg.
Similarly, nearly 98% of all energy we use in the process of production is being wasted.
Just by increasing the use of technology today, such as energy-efficient appliances, LED lighting and insulation, European households could reduce their energy bills by a third.
Furthermore, overall energy consumption in the EU could be cut by 35% by more than doubling the rate of the region’s energy productivity improvement from close to 1.5% to 3% per year by 2030.
“Within the range of energy efficiency opportunities, LED lighting is a key contributor in addressing the soaring energy demand of the future as it already can deliver a 500% energy productivity improvement in average households. And by connecting LED lighting to sensors, apps and controls, even greater efficiencies may be realized. It is dramatically changing the way people experience and interact with light at home, at work and in their cities”, said Harry Verhaar, head, Global Public and Government Affairs at Philips Lighting.
According to the High-Energy Productivity Growth Scenario presented in the report, nearly 12 European households could be lit with a 1000 KWh of electricity, which is roughly what it takes to light two households today.
Miguel Arias Cañete, European Commissioner for Climate Action and Energy, added: “Energy efficiency is a powerful instrument for job creation with great potential for stimulating economic growth and EU competitiveness. Energy productivity provides us with an excellent framework to harness underutilized resources. I welcome the publication of this report. It will help us in coming years in using innovation to drive efficiency and improving Europe’s performance in this key area.”
The report urges policymakers to set more ambitious targets to improve energy productivity.
It demonstrates that high levels of energy efficiency will contribute to global economic growth: doubling energy productivity could create more than 6 million jobs globally by 2020 and reduce the global fossil fuel bill by more than EUR 2 trillion by 2030.
To achieve this, further progress in the world’s six largest economies – the US, Russia, China, Japan, India and the EU – is most important as they account for 60% of global GDP and 65% of global energy demand.
“World leaders are convinced that energy is the golden thread connecting economic growth, increased social equity and a healthy environment, but we still need to enforce more ambitious goals to improve energy productivity”, said Kandeh Yumkella, UN Under-Secretary-General and CEO of Sustainable Energy for All. “This report helps to focus minds on these goals and their benefits. Doubling of the global rate of improvement in energy efficiency by 2030 is our shared objective, underpinned by the Global Energy Efficiency Accelerator Platform launched by the UN last year.”
Global Energy Productivity Highlights:
• The Index ranks countries by the amount of GDP they produce for every unit of energy they consume. This differs from energy efficiency which means using less energy to deliver the same service.
• Hong Kong topped the list with an energy productivity of EUR 456 billion of GDP per exajoule (one quintillion – 1018 – joules) consumed. Cuba came second, boasting EUR 365 billion GDP per exajoule. Columbia, Singapore and Switzerland made up the top five.
• The United Kingdom is ranked 26th, behind countries such as Sri Lanka, Dominican Republic, Gabon, Philippines, and Albania. Other leading nations trailed further behind with Germany placed 35th, the Netherlands 40th, Japan 51st, France 56th and India 72nd.
• The United States, which has pledged to double its energy productivity by 2030, comes 87th. China placed 111th and Russia 114th– both countries with energy productivity well below the world average of EUR 143 billion.
The 2015 Energy Productivity and Economic Prosperity Index was published at The 2015 Energy Union Summit convened by the Lisbon Council on 17 February in Brussels, a week before the launch of the EU’s Energy Union.
The project, highlighted as a priority by European Commission President Jean-Claude Juncker – aims to ensure security of supply for Europe, create deeper integration of EU national energy markets, reduce energy demand, and cut carbon emissions.
The 2015 Energy Productivity and Economic Prosperity Index is an effort to gauge the efficiency and effectiveness with which energy resources are being used worldwide.
Energy productivity is defined as the volume of services or products that can be generated per unit of energy and different from energy efficiency, which measures the inverse – i.e. how much energy is needed to produce a given level of output
Royal Philips is a diversified health and well-being company, focused on improving people’s lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting.
Also Ecofys, established in 1984 with the mission of achieving “sustainable energy for everyone,” has become the leading expert in renewable energy, energy and carbon efficiency, energy systems and markets as well as energy and climate policies.
And Lisbon Council for Economic Competitiveness and Social Renewal is a Brussels-based think tank and policy network. Established in Belgium in 2003 as a non-profit, non-partisan association, the group is dedicated to making a positive contribution through cutting-edge research and by engaging politicians and the public at large in a constructive exchange about Europe’s economic and social future.
Quintel Intelligence is an Amsterdam-based energy modelling and research firm that assists governments, companies and institutions around the world in determining and quantifying their long-term energy strategies.
Quintel believes that a better understanding of energy systems and connected food and water systems will help society deal with current and future challenges.
General News
FG Plans Special Court for Exam Cheats

Federal government has proposed setting up a National Examination Malpractice Court to swiftly prosecute exam cheats and curb malpractice nationwide.
Dr. Tunji Alausa, minister of Education, affirmed this recommendation of the 17-man committee headed by Professor Is-haq Oloyede, Registrar of the Joint Admissions and Matriculation Board (JAMB) as chairman, on Improvement of the Quality of Examination in Nigeria.
The committee which the Minister inaugurated in January this year submitted its interim report to him on Friday after about five months of extensive work, coming up with far-reaching recommendations aimed at improving the quality of examination and curbing examination malpractices in Nigeria.
Oloyede, in one of the recommendations, asked the Federal Ministry of Education to interface with the National Assembly to enact an Act to establish a National Examination Malpractice Court/Tribunal for prompt prosecution of examination malpractices to serve as a deterrent to others.
Alausa, in his response, assured the committee members that all the 12-point recommendations would be implemented, saying the government would deploy all its machinery to fight the menace of examination malpractice in Nigeria.
His words: “All the 12 recommendations that you reeled out, everyone will agree with me today that none of those recommendations will be impossible to implement. They are all practicable things. The one that we will implement now, we will do that right away, and once we leave here, myself and the permanent Secretary have work to do”.
Some of the recommendations of the committee include: “All documents, including certificates, registration and result slips, etc., should contain National Identification Number (NIN), photograph and date of birth to guard against identity theft and impersonation.
“All Invigilators and Supervisors must register through NIN and subscribe to the Examination body’s Short Code, using the same pattern of 55019/66019 of JAMB in order so track and have full information about the examination officials, including examiners, supervisors and invigilators.
“Swapping Invigilators and Supervisors, not candidates, should commence with effect from the 2025 private SSCE due to the strong views against student swapping expressed by the four concerned examination bodies (WAEC, NECO, NABTEB and NBAIS) pertaining to security, logistics and the fact that centre details are traditionally printed on candidates’ certificates
“Except where absolutely impossible, Invigilators and Supervisors should always be public officials/teachers on pensionable appointments.
“The standard requirements of examination halls/centres should not be waived for any school, while the recommended seating arrangement should be 1.5m by 1.2m, or 1.8 sqm per candidate.
“All examination halls and centres should be equipped with stationary CCTV cameras for surveillance and monitoring purposes. In addition, every examination centre shall have a mini control room where the CCTV camera is monitored for urgent and immediate alert.
“All four concerned examination bodies shall jointly own central control facilities for their use during their examinations to save costs. Body camcorders should be deployed in examination halls and centres for effective monitoring.
“At the point of entry into Basic School, every pupil must generate a unique code which is linked to his/her NIN, which must be identified with the pupil throughout his/her educational journey in Nigeria.
“The Federal Ministry of Education should interface with the National Assembly to enact an Act to establish a National Examination Malpractice Court/Tribunal for prompt prosecution of examination malpractices to serve as deterrent for others.
“The non-implementation of the 1999 Examination Malpractice Act suggests either a lack of political will or non-implementability. Consequently, the Committee recommends a review of the Act in such a manner that it can be immediately implemented to curb examination malpractice.
“Rather than wait till 2027 as initially suggested, the Computer-Based Examination (CBE) should be implemented for objective questions in 2025 private examinations and in full for school candidates in 2026.
“The 30 per cent Continuous Assessment component in the Senior Secondary Certificate Examinations has become a veritable source of corruption in the examination system due to the fraudulent process of inputting the scores in arrears.
“It is therefore recommended that the Nigerian Educational Research and Development Council (NERDC) and any other FME agency, which must have recommended the policy for the approval of the National Council on Education (NCE), should immediately be requested to review the Continuous Assessment System”.’
General News
Nigeria Relaunches National Talent Export Programme to Unlock $1 Trillion Global Outsourcing Market

The Federal Ministry of Industry, Trade and Investment has announced the relaunch of the National Talent Export Programme (NATEP), a bold initiative led by the Honourable Minister, Dr. Jumoke Oduwole.
The renewed programme is designed to tap into the $1 trillion global outsourcing industry by positioning Nigeria’s youth as a world-class talent pool for digital and professional services.
“What we celebrate today is not merely the launch of a program; it represents the continuation of a vision to position Nigeria as a global leader in the future of work and services,” said Dr. Jumoke Oduwole, Honourable Minister of Industry, Trade and Investment.
“With digital transformation firmly embedded in President Bola Ahmed Tinubu’s economic vision, Nigeria is enhancing the infrastructure, systems, and policy tools necessary for an inclusive and innovation-driven future.”
In alignment with President Tinubu’s 8-point agenda, NATEP is designed to empower Nigeria’s youth, harness global service export opportunities, and drive inclusive economic transformation. With a youthful, English-speaking population, a strategic time zone, and rapidly advancing digital infrastructure, Nigeria is uniquely positioned to become a competitive global supplier of skilled talent.
Under the leadership of Dr. Oduwole, NATEP represents a strategic move to diversify Nigeria’s economy, boost foreign exchange earnings, and create sustainable employment.
The programme will focus on aggregating global demand and connecting it with Nigeria’s skilled workforce through structured and ethical talent export pathways.
The Ministry’s goal is to create 1 million direct export-linked jobs and up to 5 million indirect jobs within five years.
In addition, NATEP aims to attract over $1 billion in foreign direct investment to Nigeria’s growing service export economy. This programme targets high-impact sectors such as technology, business process outsourcing (BPO), the creative economy, healthcare, professional services, and remote work.
As part of this relaunch, Mrs. Teju Abisoye has been appointed as the National Coordinator of NATEP. A development finance expert with over two decades of experience, she has led major national employment initiatives and played key roles in government interventions, entrepreneurship support, and private sector engagement.
Her leadership brings clarity, focus, and execution strength to the programme’s vision.
Speaking at the relaunch, Teju noted, “Our mandate at NATEP is to position Nigeria as Africa’s peerless global talent hub by building an enabling ecosystem through policy, platforms, promotion, and partnerships.
We would actualise this critical national objective by upskilling and enabling Nigeria’s teeming young human capital to take advantage of the $1 trillion global service trade, with soaring demand for digital services, outsourcing, and remote work.
This is one of President Bola Ahmed Tinubu’s strategic interventions to tackle youth unemployment head-on, generate vital foreign exchange, and diversify our economy through service sector expansion”.
NATEP, a Special Purpose Vehicle under the Federal Ministry of Industry, Trade and Investment, has evolved from a basic outsourcing facilitator into a full-scale ecosystem enabler. The programme will now drive policy reform, expand digital infrastructure, strengthen international partnerships, and create reliable talent pipelines that match global standards.
Key components of NATEP include:
- Training 10 million Nigerians in globally recognized digital and professional certifications
- Incentivizing BPO and IT-enabled service companies to expand operations in Nigeria
- Creating legal and ethical pathways for talent export in alignment with global labor needs
- Building a national talent database to map skills and track employment opportunities
- Partnering with global outsourcing platforms and employers to aggregate demand
In alignment with President Tinubu’s 8-point agenda, NATEP is designed to empower Nigeria’s youth, enhance foreign exchange earnings, and support inclusive economic transformation. With a youthful, English-speaking population, strategic time zone, and growing digital infrastructure, Nigeria is uniquely positioned to become a competitive global talent supplier.
Minister, NATEP Sign MoU with Alaro City and Itana
To mark this renewed direction, the Honourable Minister led a high-level delegation on an official visit to Alaro City, home to Itana, Nigeria’s first Digital Special Economic Zone, on Friday, May 30, 2025.
The Minister also leveraged the visit to execute a Memorandum of Understanding aimed at strengthening public-private sector collaboration and showcasing the infrastructure and innovation ecosystem that will support the programme’s success.
Dr. Oduwole stated, “I am proud to announce a significant milestone in this effort: the successful signing of a strategic agreement to create an initial 100,000 jobs across high-impact sectors — made possible through collaboration with platforms like Itana, Alaro City, and other partners to mark the beginning of a new phase of joint execution.”
General News
Uche Uzoebo, SANEF CEO Makes Case for More Financial Inclusion Strategies Targeting Women

Leveraging digital infrastructure is key to accelerating financial inclusion, especially through a multi-stakeholder approach involving governments, fintechs, telecoms, regulators and even the customers.
According to the World Bank report, a significant portion of the global adult population remains unbanked.
Specifically, 27% of adults globally are considered unbanked, and an additional 50% are underbanked, defined as lacking a credit card, , according to Lucidity Insights.
By investing in awareness, robust digital ID systems, interoperable payment rails, and inclusive policy frameworks, stakeholders can expand access to financial services, particularly in underserved regions, and reduce the global unbanked population significantly.
Stakeholders who gathered at the Regtech Conference 2025 discussed these strategies and more, especially facilitating cross-border payments and investment opportunities across Africa.
The event featured a thought-provoking panel discussion moderated by Uche Uzoebo, the Chief Executive Officer (CEO) of Shared Agent Network Expansion Facilities (SANEF) Limited.
The panel discussion themed, “From Borders to Bridges: Leveraging Digital Infrastructure to Drive Financial Inclusion through a Multi-Stakeholder Approach”, brought together diverse voices across banking, fintech, policy, and government to explore how digital infrastructure can be annexed to drive financial inclusion.
Uzoebo highlighted how women often face unique challenges in accessing financial services coupled with limited digital literacy and cultural barriers.
She engaged the panelists to discuss targeted interventions aimed at promoting gender inclusivity in the financial sector and effective financial education programs that empower individuals to utilize digital financial services.
Jacqueline Mpare, Head of Agency Banking, Ecobank Group, highlighted how her organization had established a women-focused initiative to provide support to businesses targeted at women and those with women as part of the leadership by providing them with access to finance and non-financial support.
Isa Aliyushata, Regional Advisor, Africa, Corum Group Limited, stressed the need to inculcate financial literacy into the education curriculum to ensure everyone is exposed to the knowledge of financial literacy from a young age.
The panelists include Ajibade Laolu-Adewale, Chief Partnership & Ecosystems Officer, Wema Bank; Gerald Munyaradzi Nyakwawa, Head of Digital Channels, MoneyMart Finance (Private) Limited, Zimbabwe; Dr. Henry Clarke Kisembo, Group Global Lead and Executive Chairman, Development Associates Link International (DALI); Jacqueline Mpare, Head of Agency Banking, Ecobank Group; Jean Jacques Kajuga, Chief Operations Officer, RSwitch Rwanda; and Isa Aliyushata, Regional Advisor, Africa, Corum Group Limited.
The panelists emphasized collaboration, leading by example, speed and legislative alignment, a unified infrastructure payment system, and collaboration between national and regional switchers to allow a low-cost cross-border payment as key to ensuring financial inclusion.
Meanwhile, her organization, Shared Agency Network Expansion Facilities (SANEF), was honored with the title of 2025 Financial Literacy Champion at the RegTech Awards. This prestigious recognition highlights SANEF’s steadfast commitment to promoting financial literacy and enhancing financial inclusion across Nigeria. Through strategic partnerships, the expansion of agent networks nationwide, and impactful educational programs, SANEF continues to equip millions with the knowledge and tools to make informed financial decisions.
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