Connect with us

News

Imo Citizens Brainstorm State’s Post COVID-19 Recovery on Saturday

Published

on

Kindly share this post

The Imo Economic Development Initiative (IEDI), a not-for-profit, non-political think-tank has put together a brainstorming session to provide a blueprint on the way forward for the state, post COVID-19.

Imo Citizens Brainstorm State’s Post COVID-19 Recovery on Saturday

The session, which will be held online in the light of current realities, will hold on Saturday, July 18, 2020 by 12pm.

With the theme – Imo State post COVID-19 Recovery and Growth, participants are encouraged to join the session through the link – https://bit.ly/2O1pmgx

Expected in attendance for the session which will hold via Zoom is Governor of Imo State, Sen. Hope Uzodinma.

IEDI is a group of prominent sons and daughters of Imo State invested in the development of the state.

Advertisement

Led by the Chairman, Prof. Maurice Iwu, its membership is made up of key stakeholders in Imo State including captains of industry, eggheads from the academia, technocrats, globally renowned entrepreneurs, retired senior military and paramilitary personalities as well as other professionals of Imo origin.

In addition to Prof. Iwu, other expected participants at Saturday’s session include Hon. Minister of State for Education, Emeka Nwajiuba; serial digital entrepreneur and Chairman, Zinox Group, Leo Stan Ekeh; Public Health Specialist and Senior Health Economist, Dr. Francis Ukwujie; renowned economist, banker, lawyer and Harvard-bred scholar, Dr. Emeka Osuji as well as serial entrepreneur and Managing Partner, Grand Central, Chinenye Mba-Uzoukwu, among many others.

One of the organizers, Dr. Osuji affirms that the session is a timely one, in view of the urgent need to ensure that Imo State comes out of the COVID-19 pandemic stronger.

‘‘The point that has to be noted is that the world economy has collapsed. In the same vein, the economies of nations and sub-national states have also collapsed. A recession is looming and only those who begin fast and quick to put ameliorative measures in place will survive.

‘‘This session will focus on ideas concerning how to restart economies that have been stopped. These economies including the one of Imo have been stopped, So, how do you restart them? We are going to discuss the things that are the missing link, things that are required right away to get the economy back to work.

Advertisement

‘‘The Imo economy is an informal economy or what you call a small and micro-enterprise economy. Usually, these are the people that are worst hit when things like these happen. So, we need to restart them and get the economy going. Quite a lot of things we need to do to retain the people in employment and create new jobs.’’

Equally important, the IEDI seeks primarily to contribute to the development of Imo State through private sector funding and leveraging on available Federal and State governments resources as well as possible ventures that would empower the people, create wealth and reduce poverty, while at the same time yielding positive fruits to promoters.

The session commences by 12pm on Saturday and participants are expected to register via the link – https://bit.ly/2O1pmgx

Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

News

Atte, Nigerian Develops AI Algorithm for Hair Transplants

Published

on

Kindly share this post

Atte Ayodeji, a Nigerian computer scientist,has developed an artificial intelligence algorithm capable of detecting, counting, grouping and generating healthy hair follicles during hair transplant procedures, an innovation that earned him the Best Innovative Technology award.

Atte, Nigerian Develops AI Algorithm for Hair Transplants

Atte Ayodeji

Ayodeji also graduated with a Distinction in his Master of Science (MSc) in Computer Science from Birmingham City University on Friday, adding another milestone to an impressive academic year.

Beyond his award-winning hair transplant innovation, the Nigerian researcher developed a system and framework on Explainable Artificial Intelligence (XAI) as a professional responsibility in the diagnosis of lung cancer.

His dissertation received a silver award at the PGXPO2026 Winter, further highlighting the impact of his research in applying artificial intelligence to healthcare.

Sunday Dare, special adviser on Media and Public Communication to President Tinubu,  celebrated Ayodeji’s achievements in a post on X, recalling how he first met him in 2019 during his National Youth Service.

“In 2019 when I became a Minister of the Republic, I met a young man of medium height, genteel with penetrating eyes: Atte Ayodeji. His words rarely come out and he could easily be passed by unnoticed. But I noticed him especially when my SA Kemi Areola brought him to me asking my approval for him to do his Youth Service in my office. I approved. From then on he was unstoppable. His brilliance shown and he developed skills beyond his frame.”

Advertisement

Highlighting Ayodeji’s recent accomplishments, Dare congratulated him saying, “Congratulations Atte. I am proud of you!”

Kindly share this post
Continue Reading

News

FG to Abolish Subsidies in Power Sector in 2027 – Minister

Published

on

Kindly share this post

Mr. Joseph Tegbe, minister of Power, has said that the federal government plans to end power sector subsidies from 2027 and that there are no immediate plans for tariff increases.

FG to Abolish Subsidies in Power Sector in 2027 – Minister

Mr. Joseph Tegbe, minister of Power

The minister told journalists during the media interactive session at the weekend that the government has announced plans to phase out electricity subsidy payments from 2027 as part of efforts to address mounting liabilities in the power sector.

He explained that the planned removal forms part of the broader reforms aimed at ensuring the long-term sustainability of the electricity sector, while tackling the financial challenges confronting the industry.

According to the minister, despite the planned subsidy withdrawal, there are no immediate plans to increase electricity tariffs, reassuring consumers that the government is not considering a tariff hike in the short term.


Kindly share this post
Continue Reading

News

AfCFTA Urges Africa to Stop Exporting Raw Materials

Published

on

Kindly share this post

Patience Okala, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office has urged African countries to stop exporting raw materials and instead focus on adding value to its natural resources if it is to fully harness the opportunities offered by the African Continental Free Trade Area.

She stated this on Thursday at the Streamsowers & Köhn 20th Anniversary Business Forum, where she stressed that value addition and beneficiation are essential to Africa’s industrialisation and long-term economic growth.

According to a statement issued on Friday by the Nigeria AfCFTA Coordination Office, she said the AfCFTA goes beyond the elimination of tariffs, serving as a framework for industrialisation, value addition, and job creation across the continent.

“AfCFTA is not only about tariffs; it is also about value addition. Africa has to stop exporting raw materials. We need to add value and ensure that beneficiation is done on the continent,” she said.

Okala also said Africa’s economic transformation would depend on the effective implementation of the AfCFTA rather than on the signing of trade agreements alone.

Advertisement

“We have moved beyond negotiations. The success of AfCFTA will be measured by the extent to which businesses can access new markets, trade seamlessly across borders, and benefit from the opportunities created by the agreement,” she said.

She noted that Nigeria had intensified efforts to implement the agreement under the leadership of the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, including the development of simplified AfCFTA guides in six languages to help businesses understand and take advantage of opportunities under the trade pact.

Okala called for stronger collaboration among governments, regulators, and the private sector to eliminate barriers to trade and investment and build a truly integrated African market.

“As we move from policy to implementation, our collective responsibility is to ensure that the opportunities created by AfCFTA become practical realities for businesses, particularly MSMEs, women-owned enterprises, and young entrepreneurs across the continent,” she said.

Advertisement

Kindly share this post
Continue Reading

Trending