Connect with us

Spotlights

Okonjo-Iweala announces bid for second term as WTO DG

Published

on

The President of the Nigerian Bar Association, Yakubu Maikyau (SAN) has said the Director-General of the World Trade Organisation

Ngozi Okonjo-Iweala, director-general (DG) of the World Trade Organisation (WTO), has officially announced her intentions to seek another four-year term as head of the organisation.

Okonjo-Iweala announced her bid for a second term more than a month after 58 member countries supported a proposal from the African Group of WTO for her to head the organisation for another term.

The DG appreciated the support and said she would give her feedback to members soon.

In a statement to Reuters on Monday conveying her feedback, Okonjo-Iweala said she is ready to “compete”.

“I would like to be part of this chapter of the WTO story and I stand ready to compete for the position,” she said.

READ ALSO  FG to disqualify schools with uncertified teachers by 2027

“For my second term, I intend to focus on delivering.”

She added that among the priorities were addressing “unfinished business”.

Advertisement

In 2020, the administration of former United States President Donald Trump blocked Okonjo-Iweala’s appointment – a move seen by some as an attack on an organisation he had previously described as “horrible”.

The United States said it favoured her opponent; South Korea’s Yoo Myung-hee, because the WTO needed “someone with real, hands-on experience in the field”.

However, on February 15, 2021, she secured US backing when Jeo Biden defeated Trump in the 2020 presidential election.

READ ALSO  Thunderstorms, Heavy Rains Predicted From Friday To Sunday 

Speaking on the odds of getting limited chances if Trump wins the forthcoming election, she said, “I don’t focus on that because I have no control”.

Commenting on the job, the WTO chief admitted the job was difficult.

Okonjo-Iweala said the geopolitical tensions among WTO’s 166 members “was a significant challenge”.

“It is tough, you know, very tough. There’s no getting away from that. But it’s also a job that makes me want to get out of bed in the morning,” she added.

Advertisement

The current term of Okonjo-Iweala finishes at the end of August 2025 and is eligible for a second four-year term.

READ ALSO  FG to disqualify schools with uncertified teachers by 2027

The former Nigerian minister assumed office as DG WTO on March 1, 2021, for a single term of four years.

Prior to her position at WTO, Okonjo-Iweala served twice as a minister of finance in Nigeria from 2003 to 2006 and from 2011 to 2015 and briefly acted as foreign minister in 2006.

Okonjo-Iweala also served two tenures at the World Bank, first as a development economist and vice president and corporate secretary of the World Bank Group between 1982 and 2003 and later as managing director of operations from 2007 to 2011.

Advertisement

Your email address will not be published. Required fields are marked *

Spotlights

Thunderstorms, Heavy Rains Predicted From Friday To Sunday 

Published

on

Thunderstorms, Heavy Rains Predicted From Friday To Sunday 

The Nigerian Meteorological Agency (NiMet) has issued an updated weather forecast, highlighting the likelihood of thunderstorms and varying intensities of rainfall across various regions of the country from Friday to Sunday.

Released in Abuja on Thursday, this three-day outlook serves as a precautionary alert, indicating potential flooding risks and urging citizens to take necessary safety measures.

Beginning Friday morning, the northern states are expected to experience isolated thunderstorms accompanied by moderate rainfall. Specifically, areas including Bauchi, Gombe, Adamawa, Taraba, Kaduna, Kano, Zamfara, Katsina, Sokoto, and Kebbi are likely to feel the impact of these weather conditions.

As the weekend progresses, Saturday will bring a shift in weather patterns. NiMet anticipates a predominantly cloudy sky, interspersed with moments of sunshine throughout the northern region.

However, residents should be prepared for more isolated thunderstorms and moderate rains to develop later in the day, particularly affecting the states of Taraba, Adamawa, southern Borno, Bauchi, Sokoto, Kebbi, Kaduna, Zamfara, Kano, and Katsina.

By Sunday, the forecast indicates a continuation of cloudy skies coupled with intervals of sunshine over the northern region. There remains a possibility of isolated thunderstorms, during which light rainfall may occur in the morning across parts of Yobe, Jigawa, Kano, and Katsina States. Residents are encouraged to stay informed and take appropriate preparations as these weather developments unfold.

READ ALSO  FG to disqualify schools with uncertified teachers by 2027

The central states are also expected to experience rainfall, with varying intensity throughout the forecast period.

Advertisement

“For the central region, cloudy atmosphere with sunshine intervals is expected over this region during the morning hours with chances of light rains over Niger, Kogi, and Benue States,” NiMet explained.

“Later in the day, isolated thunderstorms with moderate rains are expected over Nasarawa, Plateau, Kwara, Kogi, Benue, and the Federal Capital Territory,” the forecast added

For Saturday, thunderstorm with moderate rain is anticipated over most parts of the region in the afternoon/evening hours, while on Sunday, there will be cloudy skies with intervals of sunshine expected over this region, with prospects of thunderstorms with moderate rain over parts of the Federal Capital Territory, Plateau, Nasarawa, and Benue States during the afternoon or evening period.

READ ALSO  Thunderstorms, Heavy Rains Predicted From Friday To Sunday 

The southern states will see more consistent rainfall throughout the forecast period.

“There are prospects of intermittent moderate rainfall over most parts of the southern region throughout the forecast period.”

“There are prospects of flooding over parts of Lagos, Ogun, Akwa Ibom, and Cross River States,” NiMet stated

On Saturday, cloudy skies are anticipated over the region with chances of moderate rains over parts of Lagos, Ogun, Edo, Ebonyi, Imo, Abia, Rivers, Bayelsa, Delta, Cross River, and Akwa Ibom States during the morning hours. Later in the day, light to moderate rain is expected over most parts of the region.

Advertisement

By Sunday, cloudy skies are anticipated over the southern region with prospects of moderate rains over parts of Oyo, Ogun, Lagos, Edo, Delta, Rivers, Bayelsa, Cross River, and Akwa Ibom States during the morning hours. In the afternoon/evening periods, moderate rains are anticipated over most parts of the region.

READ ALSO  Thunderstorms, Heavy Rains Predicted From Friday To Sunday 

Safety warnings and advice
NiMet issued safety guidelines to reduce risks associated with the predicted heavy rains.

The agency warned that driving under heavy rain should be avoided, and to avoid leaching of nutrients, farmers should refrain from applying fertilizer and pesticides right before the rains.

“They should ensure that loose objects are fastened to avoid collisions. Disconnect electrical appliances from electrical sockets. There is a need to stay away from tall trees to avoid impact from falling branches and broken trees,” NiMet added.

Airline operators are advised to get airport-specific weather reports (flight documentation) from NiMet for effective planning in their operations.

NiMet urged Nigerians to remain updated on daily forecasts, stressing that “residents are advised to stay informed through weather updates from NiMet. Visit our website www.nimet.gov.ng.”

 

Advertisement
Continue Reading

Spotlights

FG to disqualify schools with uncertified teachers by 2027

Published

on

uncertified teachers by 2027

In a significant policy shift, the Federal Government has announced that starting in 2027, only secondary schools staffed by certified teachers will be permitted to serve as accredited centers for public examinations.

This directive was communicated through a memo issued by the Minister of Education, Dr. Tunji Alausa, to the Registrar and Chief Executive of the Teachers Registration Council of Nigeria (TRCN).

Dr. Alausa emphasized that this new requirement is part of a broader strategy to enhance professionalism and ensure quality assurance within the teaching profession.

By setting this standard, the government aims to elevate educational standards and guarantee that students are evaluated in an environment led by qualified educators.

The minister explained that, starting from 2027, schools whose teachers lack certification from TRCN will be disqualified from conducting national examinations, including WASSCE, NABTEB, NECO, and NBIAS.

READ ALSO  Thunderstorms, Heavy Rains Predicted From Friday To Sunday 

“Accordingly, effective from March 2027 for WASSCE, May 2027 for NABTEB, June 2027 for NECO and June 2027 for SAISSCE, any school whose teachers are not duly registered and licensed with the TRCN shall be disqualified from serving as an examination centre,” Alausa said.

He also directed state governments to align with the policy and ensure necessary measures are put in place for compliance in both public and private schools.

Advertisement

The government set a two-year compliance window to allow schools and teachers to meet the new requirements.

READ ALSO  FG to disqualify schools with uncertified teachers by 2027

“Compliance with this directive shall be monitored, with schools expected to achieve a minimum compliance rate of 75 per cent by 2026 and full compliance of 100 per cent by 2027,” the minister stated.

This means that by 2026, schools will need to demonstrate significant progress, or risk eventual disqualification from accreditation.

To ensure teachers have sufficient opportunity to regularize their qualifications, the government has made provisions for an abridged certification route.

Alausa advised that teachers who are non-education graduates but have at least 12 months of classroom teaching experience should enrol in the National Teachers Institute (NTI).

He explained that the affected teachers could qualify for the abridged professional certification programme offered through the National Teachers Institute (NTI).

READ ALSO  Thunderstorms, Heavy Rains Predicted From Friday To Sunday 

The NTI programme consists of professional short courses lasting between three to six months, after which participants can register and obtain licensing from TRCN.

Advertisement

The Minister urged education stakeholders to take the directive seriously and ensure proper awareness campaigns are conducted nationwide.

He stressed that schools must prioritize compliance to avoid disruptions in the accreditation process for public examinations.

He added that teachers and school administrators should give the directive the highest priority and ensure wide sensitisation of stakeholders across the country so as to avoid disruption of accreditation for public examinations.

 

 

Continue Reading

Spotlights

Naira Crushes Dollar Again As New Rate Emerges

Published

on

'Naira appreciation may force food, other price reduction'

Excitement has erupted among many Nigerians as President Tinubu’s economic policies begin to deliver promising results.

The Central Bank of Nigeria (CBN) has implemented stricter controls while maintaining a lower exchange rate at official windows.

However, the limited access and stringent allocation restrictions have compelled numerous importers, businesses, and students seeking to study abroad to resort to the parallel market.

Data from the Central Bank of Nigeria (CBN) showed that the naira rose to N1,506.08 to a dollar on Wednesday at the Nigerian Foreign Exchange Market (NFEM). The last time it was that strong was on the 5th of March, 2025, when it closed at N1,500.80/$.

READ ALSO  FG to disqualify schools with uncertified teachers by 2027

The naira has continued to enjoy rare stability, driven by the various policies of the apex Bank, including maintaining a high interest rate, a move that has lured in foreign capital and made the currency firmer.

Nigeria’s naira has witnessed some turbulence years after the authorities relaxed currency controls, effectively floating the currency to be more determined by market forces. That saw the unit fall by over 70 percent and disrupted business plans of many firms in Africa’s most populous nation.

READ ALSO  Thunderstorms, Heavy Rains Predicted From Friday To Sunday 

Read also: Naira records another six-month high of N1,506.84 as FX supply stabilises

Advertisement

READ ALSO 

DIRTY DEALS: Real Reason Tinubu Sacked VP Shettima’s Aide Fagbo Emerges

But those eras of sharp swings are phasing out as the local currency is expected to continue its rally until the end of the year, with global investment bank JP Morgan forecasting the naira to close 2025 at N1,450 per dollar.

A potential rate cut by the United States Federal Reserve also bodes well for the naira’s long-term stability as global capital finds its way into emerging markets like Nigeria, further bolstering the calmness of the currency.

“A lower US interest rate would diminish the relative attractiveness of US assets, prompting global investors to seek higher returns in emerging markets like Nigeria. Consequently, Nigeria will likely experience increased portfolio inflows, particularly into the fixed-income market,” analysts at FBNQuest Merchant Bank wrote in a note recently.

“Renewed interest by offshore investors could potentially bolster foreign exchange reserves and support the stability of the Naira.”

FX reserves seen rising further on likely US rate cut

Advertisement

 

Continue Reading

Spotlights

National Grid Collapses Again, Breakdown of 11 Affected States Emerges

Published

on

Ikeja electric blames load restrictions of transmission centers for power outage

The Nigeria’s national grid has again collapsed with the total of 50 Mega Watts drop, according to the report that emerged after the incident.

A breakdown of the affected states indicted that the collapse, which happened around 12:25 pm on Wednesday, September 10, affected 11 states, including the Federal Capital Territory (FCT). ...click link for full list here

EXPOSED: Jonathan/Bala Mohammed campaign posters flood internet ahead 2027

Shea Butter Ban: Experts split over Tinubu’s six-month executive order

Below is the states and the affected areas according to The Cable:

1. Abuja DisCo: 20 MW

2. Benin DisCo: 10 MW

3. Eko DisCo: 0 MW

Advertisement

4. Enugu DisCo: 0 MW

5. Ibadan DisCo: 20 MW

6. Ikeja DisCo: 0 MW

7. Jos DisCo: 0 MW

8. Kaduna DisCo: 0 MW

9. Kano DisCo: 0 MW

10. PHarcourt DisCo: 0 MW

Advertisement

11. Yola DisCo: 0 MW

Total: 50 MW

EXPOSED: Jonathan/Bala Mohammed campaign posters flood internet ahead 2027

READ ALSO  FG to disqualify schools with uncertified teachers by 2027
Continue Reading

Spotlights

Oborevwori hails role of South-South in Nigeria project, seeks stronger FG partnership

Published

on

Delta State Governor, Rt. Hon. Sheriff Oborevwori, has commended the South-South states for their immense contributions to Nigeria’s growth and stability, describing the region as a critical pillar of the nation’s economic and social development.

Speaking on Sunday at the 2025 Passover Conference and dedication of the children of Apostle Charles Osazuwa, Founder of Rock of Ages Christian Assembly International, in Benin City, Edo State, the Governor stressed that the South-South remained central to Nigeria’s prosperity, given its oil and gas wealth, agricultural resources, and human capital.

Oborevwori maintained that a stronger collaboration with the Federal Government was essential to closing the development gaps and ensure that the region fully benefits from its natural endowments.

He also underscored the need for unity among South-South states in engaging the Federal Government on key issues of infrastructure, environmental protection, and economic diversification.

READ ALSO  FG to disqualify schools with uncertified teachers by 2027

“A united South-South voice will not only fast-track development but also strengthen security and promote inclusive growth across our region,” the Governor said.

On the occasion, which he described as both spiritual and instructive, Oborevwori emphasized the value of thanksgiving and faith.

“Whenever God does something, it is only right that we appreciate Him. Today, we have not only witnessed the dedication, but we have also received a powerful message, one that has truly blessed us. I took notes myself because there was so much to take home,” he added.

Advertisement

The Governor highlighted the cultural, spiritual, and historical bond between Delta, Edo, and Bayelsa states, describing them as “one people with the same roots and destiny.”

He noted that the unity of the three states was reflected in their collective achievements, citing their strong outings at recent national sporting events as evidence of shared progress.

READ ALSO  Thunderstorms, Heavy Rains Predicted From Friday To Sunday 

“At the National Youth Games, Delta came second and Edo came third. In Ogun State, Delta took first while Bayelsa came second. Whenever one of us shines, we all shine. That is the strength of our brotherhood,” he remarked.

Oborevwori also commended Apostle Osazuwa and his ministry for their integrity and commitment to the gospel, praying that the church would continue to grow in strength and impact.

Edo State Governor, Senator Monday Okpebholo, represented by his deputy, Rt. Hon. Dennis Idahosa, assured that his administration remained committed to promoting Christianity through good governance.

Similarly, Bayelsa State Governor, Senator Douye Diri, represented by his deputy, Senator Lawrence Ewhrudjakpo, congratulated Apostle Osazuwa on the dedication of his triplets, describing him as a genuine man of God who preaches with ease and conviction.

READ ALSO  Thunderstorms, Heavy Rains Predicted From Friday To Sunday 

In his remarks, Apostle Osazuwa urged Governors Monday Okpebholo and Sheriff Oborevwori to leverage their offices to press the Federal Government for the urgent rehabilitation of the dilapidated Benin–Sapele Road, lamenting the severe hardships it continues to inflict on motorists.

Advertisement

Earlier, in a sermon titled “Understanding the Power of Effective Prayer,” Apostle Osazuwa stressed the potency of prayer as a vital tool for believers to effect change, overcome afflictions, and engage in spiritual warfare.

He described prayer as a two-way communication between man and God, noting its mystery and transformative power.

The event attracted dignitaries, including immediate past Governor of Delta State, Senator Ifeanyi Okowa; the Speaker of Delta State House of Assembly, Rt. Hon. Emomotimi Guwor, Pastor Osagie Ize-Iyamu; Prof. Idia Ize-Iyamu; alongside worshippers and well-wishers who joined the Osazuwa family in thanksgiving.

Continue Reading

Spotlights

$325,000 fraud: EFCC declares Sujimoto boss, Olasijibomi Ogundele wanted

Published

on

The Economic and Financial Crimes Commission (EFCC) has declared Olasijibomi Suji Ogundele, founder of Sujimoto Luxury Construction Limited, wanted for allegedly diverting funds and engaging in money laundering.

The declaration was contained in a notice issued by the EFCC’s Head of Media and Publicity, Dele Oyewale, and circulated to the public via its official X account.

According to the Commission, Ogundele is wanted in connection with an alleged case of diversion of funds and money laundering being investigated by its Lagos Command

“The public is hereby notified that OLASIJIBOMI SUJI OGUNDELE of Sujimoto Luxury Construction Limited, whose photograph appears above, is wanted by the Economic and Financial Crimes Commission (EFCC) in an alleged case of Diversion of Funds and Money Laundering,” the commission stated.

READ ALSO  FG to disqualify schools with uncertified teachers by 2027

Public appeal for information
The EFCC urged members of the public with useful information on his whereabouts to contact its offices across the country.

The notice described him as a 44-year-old indigene of Ori-Ade Local Government Area of Osun State. His last known address was listed as G29, Banana Island, Ikoyi, Lagos State.

“Anybody with useful information as to his whereabouts should please contact the Commission in its Ibadan, Uyo, Sokoto, Maiduguri, Benin, Makurdi, Kaduna, Ilorin, Enugu, Kano, Lagos, Gombe, Port Harcourt or Abuja offices or through 08093322644; its e-mail address: info@efcc.gov.ng or the nearest Police Station and other security agencies,” the notice read.

Advertisement

The controversies surrounding Olasijibomi Suji Ogundele, the founder of Sujimoto Luxury Construction Limited, did not just begin.

READ ALSO  Thunderstorms, Heavy Rains Predicted From Friday To Sunday 

In October 2024, he was under police investigation following allegations of a $325,000 real estate fraud. According to reports, a client had paid the sum for a three-bedroom apartment in the Leonardo project in Banana Island, Lagos, but neither received the property nor a refund.

The Police Force Criminal Investigations Department (FCID) invited Ogundele for questioning, but he initially failed to respond, opting instead to file a fundamental rights suit to restrain the investigation.
He later appeared at the FCID headquarters in Abuja after further pressure from investigators and was interrogated before being released on bail.

READ ALSO  FG to disqualify schools with uncertified teachers by 2027

Following his release, Ogundele issued a response, denying any fraudulent activity. He explained that the delays in delivering the project were caused by external economic factors, specifically inflation, rising construction material costs, and the volatility of foreign exchange.

He stated that he had arrived at the FCID with a trove of evidence, including title documents of the Leonardo project, approvals from Lagos State, and other paperwork, which he claimed demonstrated transparency and a genuine commitment to fulfilling obligations to clients.

 

Advertisement
Continue Reading

Most Visited