General News
Discussions At TGN-YES 2017 To Focus on ‘Think Innovation’
By peter oluka
The Generation Next Youth Empowerment Summit (TGN-YES) 2017 theme focuses on “Think Innovation”, as the organizers say the platform seeks to identify the talent power-passion, inborn in the youth spread across the country.
With participants drawn mostly from the Federal Capital Territory, (FCT), “Think Innovation” was carefully chosen to x-ray how young people can succeed against tough circumstances and igniting them towards crossing barriers, breaking new frontiers and daring to achieve outstanding heights in their various endeavours, personally and for nation’s development.
The generation next youth empowerment summit (TGN-YES) is an initiative of Elbativeni foundation, a social enterprise arm of Elbativeni Impressions and Consults.
Speaking on the choice of the theme, Founder, Elbativeni Foundation, Destiny Obiakoeze, identified youthful exorbitance and inactivity as some of the major problems plaguing the world today. “In Nigeria, an average youth only considers him/her self a liability to their parent / guardian and the society (Government) generally.
She said, although much has been said and done on youth development as regards innovation and creativity in entrepreneurship and Information and communication technology (ICT), however, TGN-YES was intended to build capacity for the youths in Nigeria and indeed Africa, who are living in a contemporary and challenging time, as integral to engendering their development and upward advancement, for a better Nigeria.
“Elbativeni Foundation and Elbativeni Impressions and Consults, see the need to play its part in harnessing and utilizing resources available to ensure that the gaps that exist in the lives of youths are bridged. The project is targeted at addressing their specific needs, and creating the desired impact of change, in the lives and endeavours of the target group (youth).
“The foundation over the years has been doing much as regards youths and how they can be instruments of change and drivers of development in their immediate communities and the country in general”.
Obiakoeze said that prominent personalities and seasoned entrepreneurs have agreed to speak that the Summit scheduled to hold on October 28, 2017 at the IBI center, Discovery Mall off, opposite Ecobank, off Ademola Adetokunbo, Wuse II – Abuja.
“The vision is specifically to Inform, reform, sensitize and empower the youths on basic philosophies of life that are crucial and strategic to achieving outstanding successes in their various endeavours in the Nigeria of today.
“The numbers of youths from the country’s population that are displaced, unemployed and sometimes dim-minded continue to grow exponentially, over the years. Meanwhile, just a little nudge or push with deliberations, advocacy and strong ideas for relevance and impact, can be the much needed antidote, to help set them on the right track, toward living a more productive and accomplishing life in the society.
“The TGN YES 2017with the theme ‘Think Innovation’ seeks to combine passion and business acumen to develop several solutions that are needed now especially at a time where the nation is considering diversification as an alternative to total dependency on Petroleum resources”.
Obiakoeze who doubles as Head, Strategy; Elbativeni Impressions and Consult, disclosed some of the opportunities at the summit as include: Ten (10) Start Up Business will win FREE Business Support services at the Summit during our on-site raffle; 20 Ladies will be selected from participants to attend free six months ICT training from February 2018 to July 2018 and soft loans available to participants and free Summit shirts to be won by raffle.
“More opportunities will continue to unveil and will each be revealed at the summit. For marketing support, branding and sponsorship opportunities: get involved- take advantage of our sponsorship opportunities and leverage on our laudable project, she said.
The TGNYES was first organized in 2010 in Kaduna State, with the Theme “Empowering your Uniqueness”. The event drew youths from different parts of Kaduna and was graced by sensational speakers including Dr. David Osei from Ghana.
“In May 2016, the second edition was convened at Abuja with the Theme “Limitless Possibilities” which was graced by notable young entrepreneurs from near and far.
“The Foundation is organizing the 2017 edition of the TGNYES which promises to be bigger and better,” Obiakoeze added.
MultiChoice, a CANAL+ company, has retained the distribution rights to 12 Warner Bros. Discovery thematic channels following the signing of a new multi-year, multi-territory agreement between CANAL+ Group and Warner Bros. Discovery, marking a significant expansion of their long-standing partnership.
MultiChoice
The new deal, which spans several regions across Africa and Europe, covers the distribution of HBO Max as well as the renewal of selected Warner Bros. Discovery thematic channels. It represents a major milestone in the companies’ international collaboration and strengthens content offerings across MultiChoice Group territories.
MultiChoice disclosed that this agreement builds on earlier partnerships concluded in Europe. “It builds on the landmark agreements concluded in France in 2024,including the renewal of the exclusive pay-TV window for Warner Bros. Pictures films just six months after their theatrical release in France and the integration of HBO Max within select CANAL+ group offers – as well as in Poland in 2025, with the renewal of the distribution agreement for 22 thematic channels (including TVN 24 and Eurosport) and 4 free-to-air channels (including TVN).”
Under the renewed arrangement, MultiChoice Group will continue to distribute 12 Warner Bros. Discovery thematic channels across its territories, with some channels offered on an exclusive basis. CNN International and Cartoon Network will remain exclusive to South Africa while being distributed non-exclusively in other markets. Cartoon Network Porto will be exclusive in Angola and Mozambique and non-exclusive elsewhere. Other channels such as Discovery Channel, TLC, HGTV, Food Network, TNT Africa, Travel, ID and Cartoonito will be offered on a non-exclusive basis.
According to the partners, the deal reinforces CANAL+ Group’s channel portfolio on the continent. “This agreement enables CANAL+ Group to strengthen its entertainment, kids, news, and documentary channel offerings in African markets.”
The agreement is also expected to improve access for CANAL+ Group subscribers to Warner Bros. Discovery’s premium content through HBO Max and selected channels, including globally recognised series and films, further extending the studio’s international reach while consolidating MultiChoice’s content offering in key markets.
Nigeria Police Force has suspended nationwide enforcement of its tinted glass permit policy, hours before its scheduled rollout, in compliance with a Delta State High Court order.
Tinted glass permit
The policy, set for January 2, 2026, aimed to curb vehicle-related crimes but faced legal challenge from a private citizen against the Inspector-General of Police, the force, and Delta Police Commissioner.
An ex parte injunction issued in December 2025 restrained enforcement pending suit determination, prompting the hold announced by spokesperson Benjamin Hundeyin on January 1.
Police entered appearance, filed preliminary objections, and sought injunction vacation; hearing adjourned to January 20, 2026.
The Nigerian Bar Association condemned initial police plans as “executive recklessness,” accusing disregard for rule of law, while police insisted no permanent bar existed on statutory duties.
IGP Kayode Egbetokun reiterated adherence to law while prioritising public safety via intelligence-led strategies during proceedings.
Mr. Thompson Sunday, the Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), has reaffirmed the Corporation’s strict compliance with fiscal and financial regulations, including the provisions of the Fiscal Responsibility Act (FRA) 2007, noting that the NDIC has consistently remitted the required percentage of its earnings to the Federal Government.
Mr. Sunday made this known during a courtesy visit to the Managing Director/Chief Executive of the Ministry of Finance Incorporated (MOFI), Dr. Armstrong Takang, as part of NDIC’s ongoing engagement with key stakeholders following his formal assumption of office in July 2025.
According to him, NDIC takes financial accountability and transparency seriously, stressing that the Corporation complies fully with statutory remittance obligations, including the payment of 20 per cent of gross earnings or 80 per cent of net surplus to the Federal Government, as applicable. He added that NDIC also submits its financial statements ahead of statutory deadlines.
The NDIC MD/CE explained that this culture of compliance aligns with the Corporation’s role as a key institution within Nigeria’s financial safety-net, charged with protecting depositors and promoting confidence in the banking system. He emphasized that adherence to fiscal discipline remains central to NDIC’s credibility and effectiveness.
Mr. Sunday further disclosed that NDIC also complies with the Federal Government’s 50 per cent cost-to-income ratio policy, although he noted that the policy poses operational constraints. He explained that the deductions affect NDIC’s ability to build a strong Deposit Insurance Fund, which is needed to respond effectively to bank failures.
He stressed that international best practices under the Core Principles for Effective Deposit Insurance issued by the International Association of Deposit Insurers (IADI) require deposit insurers to maintain adequate funds to reimburse depositors when banks fail without recourse to government, adding that the NDIC is seeking an exemption to strengthen its capacity in this regard.
Mr. Sunday described MOFI as a critical stakeholder, noting that the Federal Government, through MOFI, holds a 40 per cent equity stake in NDIC. He said sustained collaboration with MOFI is essential to ensuring that NDIC continues to meet its obligations to government while effectively safeguarding depositors’ funds.
In his remarks, Dr. Takang commended the NDIC for its exemplary collaborative spirit and acknowledged the Corporation’s compliance with fiscal regulations. He assured that MOFI would continue to engage the Federal Ministry of Finance on NDIC’s behalf, noting that a strong NDIC is vital to sustaining confidence in Nigeria’s financial system.
Both institutions reaffirmed their commitment to continued cooperation, transparency and accountability, with Mr. Sunday reiterating that NDIC remains focused on balancing regulatory compliance with its overriding mandate of depositor protection and financial system stability.
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