Business and Economy
Made In Nigeria Phone To Hit Market Soon – ITF
The Director General and Chief Executive of the Industrial Training Fund (ITF), Sir Joseph Ari has disclosed that the Fund is set to acquire machinery for mass production of ITF Mobile in Nigeria.
He said the Industrial Fund will soon hit the nation’s market when it commences the mass production and it launching into market the ITF mobile phones. com/pagead/js/adsbygoogle.js">
The DG in a press statement signed by the Director, Public Affairs Department, Suleyol Fred Chagu and made available to Journalists yesterday in Jos the Plateau State maintained that the Industrial Training Fund (ITF) has initiated processes for the procurement and installation of a production line specially dedicated for that purpose at the ITF Model Skills Training Centre (MSTC), Abuja, Nigeria’s capital.
Ari, disclosed this when he received the leadership of the two in-house Unions of the Fund in his office at the Headquarters where he also revealed that since the symbolic presentation of the ITF Mobile phone to President Muhammadu Buhari, the Agency has been inundated with requests for partnership from corporate entities within the country.
In his words, “I have given directive to the Director of Technical and Vocational Skills Training Department, who is also the zonal Director of the ITF MSTC to get all the immediate machines so that we will be able to set up the production line.
“Since the good news, we have also received a lot of requests for partnership, including one from AfriOne, who want to
partner with us. This is good as we cannot do it alone because we are not an island unto ourselves. The main thing is that this product is a home grown product and this lends credence to the fact that we too can do it in Nigeria” he boastfully stated.
The DG expressed gratitude to the leadership of the two union bodies, “the Senior Staff Association of Statutory Corporations and Government Owned Companies (SSACGOC) and Amalgamated Union Public Corporations, Civil Service Technical and Recreational Employees (AUPCTRE)” for identifying and supporting the Management, saying.
For him, “every leader should have a strategic vision. But you also need followers that will key into the leaders’
vision and happily, that’s what has happened in the ITF. The Unions have been great partners in progress. You
have at all times remodeled, looked at the vision, reviewed it along with us and the areas where you find us going
wrong, you took us back on track”.
He stressed the need for continuous dialogue as recipe for industrial harmony. “The relationship between the ITF, Management and the two Unions gives credence to the fact that it pays to dialogue.
President of Senior Staff (SSACGOC), Comrade Kayode Alakija and the Acting Chairman of AUPCTRE, Comrade Lawal Mohammed Ado earlier on in a separate remarks showered praises on the DG for the milestone achievement and urged the need to speed up the mass production of the android phone which, according to them, would be another source of revenue for the Agency.
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Business and Economy
Kogi GOBO Initiative Empowers Petty Traders in Kabba Central Market, Reinforces Support for Governor Ododo
By Abah Benjamin Eneojoh
The Kogi Forum of Senior Special Assistants (KFSSA) and leaders of the Governor Ododo Business Outreach (GOBO) today 22-11-2024 visited Kabba Central Market to empower local traders and engage community leaders.
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Led by Hon. Yahaya Shehu Ahmed, Chairman and Director General of GOBO, the delegation began their activities with a courtesy visit to the palace of His Royal Majesty, Oba Solomon Dele Owoniyi. The traditional ruler commended the initiative and the foresight of Governor Ahmed Usman Ododo in appointing competent individuals dedicated to improving the lives of citizens.
The team then visited the official residence of the Executive Chairman of Kabba-Bunu Local Government Area, Hon. (Barr.) Zacchaeus Dare Michael. He expressed his appreciation for the efforts of KFSSA and GOBO, noting that the outreach was a commendable step toward bridging the gap between government appointees and the grassroots.
At Kabba Central Market, the GOBO team provided direct financial support to 20 petty traders, including sellers of berneseed, tomatoes, and roasted plantains. Each beneficiary received 50,000 naira to expand their businesses. The gesture aimed to improve the economic situation of the traders and inspire confidence in the government’s dedication to addressing the needs of ordinary citizens.
The initiative also included plans to monitor the progress of the beneficiaries, ensuring that the financial assistance achieves its intended purpose. Hon. Femi Esemikose and Hon. Augustine Egbebi were tasked with following up on the traders’ activities.
The success of the Kabba-Bunu outreach is expected to serve as a model for similar initiatives in other parts of Kogi West Senatorial District and the state. As the GOBO program continues to expand, more communities will benefit from its efforts to empower individuals and enhance economic development.
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Business and Economy
Naira appreciates N28.85 against dollar at official market
The Naira on Thursday, November 21st, 2024 appreciated at the official market trading at N1,658.67 against the dollar.
Data from the official trading platform of the FMDQ Exchange, revealed that the Naira gained N28.
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This represents a 1.7 per cent gain, compared to the previous trading date on Wednesday when it exchanged at N1,687.52 to a dollar.
However, the total daily turnover reduced to 163.66 million dollars on Thursday, down from to 173.29 million dollars recorded on Wednesday.
At the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,707.50 and N1,631.00 against the dollar.
Source: NAN
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Business and Economy
Governor Ododo Endorses GOBO Initiative, Empowering Small-Scale Entrepreneurs and Vulnerable Populations
By Abah Benjamin Eneojoh
The Executive Governor of Kogi State, His Excellency Alh Ahmed Usman Ododo has thrown his weight behind the Governor Ododo Business Outreach (GOBO) initiative, a program aimed at uplifting marginalized groups and providing economic opportunities at the community level.
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During a strategic meeting with the Kogi State Forum of Senior Special Assistants in his office on 06-11-2024, the Governor expressed his support for GOBO, which aligns with his vision of inclusive governance.
Launched on October 31, 2024, GOBO has already shown positive impact, with increased visibility and support among petty traders and small businesses. The initiative provides sustainable business avenues for those previously lacking access to financial resources and market opportunities.
Hon. Yahaya Shehu Ahmed, Chairman of the Kogi State Forum of Senior Special Assistants, thanked the Governor for his encouragement and support.
The Governor commended the forum’s dedication to GOBO and its commitment to improving citizens’ quality of life, assuring continued support and encouraging ways to deepen GOBO’s impact across the state.
The forum also presented an award of excellence to former Governor Alhaji Yahaya Adoza Bello, recognizing his contributions to the state’s growth and effective governance , particularly the choice of Gov Ododo and his Deputy.
This development is consistent with research highlighting the importance of government support for entrepreneurship development in Kogi State.
Shehu noted that Small and medium-scale enterprises have significantly contributed to the state’s economic growth, stressing that the GOBO initiative demonstrates the power of grassroots-driven solutions and inclusive growth, marking a step towards sustainable development in Kogi State.
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