Business
LG Boss Advocates Vocational Training For Youths
The Executive Chairman, Isolo Local Council Development Area (LCDA), Lagos, Alhaji Shamsudeen Olaleye, says children and youths can be turned to positive torch bearers by empowering them with vocational training.
“Vocational studies will help to encourage them in facilitating societal growth and development and help them to be self-employed.’’
Olaleye said this last Saturday at the children’s day celebration entitled: “On the Need for Vocation Centre” organised by LCDA and Royal World of Pro-Active 1609, Lagos.
He said that investment in children and youth programmes was for them to be properly guided in life.
“There is a need to keep children and youths busy when they are not in school that is why we encourage them to use the vocational centres to make them learn something.
“Our prosperity as individuals and country lies in the training we give to our children for them to better themselves.
“I, therefore, call on parents to devote time to their children to help them to become better persons as they ought to be.’’
The Chief Executive Officer, Royal World of Pro-Active 1609, Ms Ibidun Odushina, said that the organisation was involved in the programme to see how to help the youths to develop their skills.
“We are creating awareness to let them know the importance of vocational skills and also the use of library as this is important in management.
“Potentials of talents are innate in us and it is imperative to discover them young.
“We should endeavour to motivate our youths towards self-discovery as tomorrow’s society builders.’’
Odushina said that every society must work hard to ensure the human development of its citizens.
“As the saying goes, “an idle mind is a devils workshop.” This is the reason why we are here to see how we can achieve a common goal for these youths.’’
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.