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Customers Seek Efficient e-Banking

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Customers in Abuja have urged banks to collaborate with the telecommunication sector to improve on their quality of network for efficient e-banking.

Some of the customers expressed their views to The Tide  on the banks ineffective service delivery in e-banking.

Mr Tony Attah, a civil servant, said that the Internet banking had several challenges associated with it, specially in the area of transaction from one bank to another.

Attah advised the banks to work with telecommunications operators to ensure their systems were effective and efficient for a better e-banking service.

“In February I went to my bank to transfer N50,000 to another, we tried and tried sending the money, but it kept bouncing back due to the fact that the other bank was not receiving.

“So eventually I had to go over the counter to make my transfer all because of network failure; the banks need to improve on their networks to encourage their customers to embrace e-banking.

“My advice to the banks is for them to collaborate with telecommunication sector effectively, so that their network will be very efficient to enable customers to carry out their transactions,’’ Attah said.

Mrs Florence Adebayo, a businessman, said that e-banking had become the preferred choice by most bank customers for simple banking transactions.

Adebayo said that the banks needed to do more to encourage its customers by improving on their quality of service in the area of network connectivity.

“I think that Internet banking is good; the reason why CBN introduced e-banking is to reduce the influx of people into the banking hall.

“For me I think before CBN introduced the Internet banking, they should check to ensure that the system is reliable and efficient.

“For now I think the banking system are not really efficient that is why you go to banks sometimes and you are not able to carry out transaction, they will tell you their system is down.

“The continuous network failure is really discouraging people from logging into the e-banking scheme,’’ Adebayo said.

Mr Richard Chibuzo, a businessman, said that Internet banking had made paying of utility bills, checking account balance, among other much easier.

Chibuzo urged government to introduce security policies and measure for safe e-banking scheme.

“The major problem with the Internet banking is the problem of connectivity, they really need to improve on their connectivity,” he said.

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NCDMB, Others Task Youths On Skills Acquisition, Peace 

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The Executive Secretary, Nigerian Content Development and Monitoring Board(NCDMB), Engr. Felix Omatshola-Ogbe, alongside former acting Director-General of the Department of State Services(DSS), Matthew Seiyefa, and the Bayelsa State Commissioner for Youths Development, Kemepado Nimizigha, have charged youths of the Niger Delta region to maintain peace and tranquility in the region.
The trio gave the charge in their separate remarks at the Youths session of the 2025 edition of the NCDMB Practical Nigerian Content (PNC) held in Yenagoa, the Bayelsa State capital, Tuesday.
In his opening remarks, Ogbe , represented by the Head of Department, Government Relations,Teddy Bai, noted that Nigeria stands at a defining moment as global energy systems were rapidly transforming adding that the nation must be deliberate in preparing for a future which balances traditional oil and gas operations with cleaner and more innovative energy solutions.
He said the 2025 PNC Youth forum themed, ‘Building Youth Capacity, Securing Investments, Sustaining Growth In The Oil And Gas Industry’ was not a mere gathering to discuss issues, but to chart new pathways toward meaningful youth engagement, responsible participation in the oil and gas value chain, and sustainable development for the local communities.
Ogbe emphasized that Nigeria’s energy sector was undergoing a transition, with the youths considered as great partners at the heart of the energy sector transition.
“As youths, you’re not just the leaders of tomorrow. You’re contributors and solution-creators today. Your creativity, digital literacy, and innovations are needed in the transitioning energy sector and its value chain.
“It’s my profound pleasure to address you at this year’s PNC 2025 Youth Event, a platform that continues to grow in importance as we collectively shape the future of our energy sector and, indeed, our nation.
“At the heart of this transition is you-the Nigerian youth. Your creativity, digital literacy, and entrepreneurial capacity are crucial assets for solving some of our most pressing challenges, including Pipeline vandalism and crude oil theft, Environmental degradation, Skills gaps in emerging energy technologies, and innovations for local content development.
“The NCDMB recognizes your central role, and this event is one of many interventions designed to empower, inform, and prepare you for opportunities ahead.
“The Nigerian youth must be champions of protection- not destruction- of national assets”, he said.
In his keynote address, Pro-Chancellor of the Niger Delta University (NDU), and former acting Director-General of the Department of State Services(DSS), Mathew Seiyefa, called on youths to maintain the peace in the oil rich Niger Delta region and Nigeria at large.
He cited instances of youth restiveness and their perceived causes in various parts of the region and other parts of the country, saying without peace no meaning development can take place in any part of the world as investors and Government need peace before siting developmental projects in any given area.
In his goodwill message, the Bayelsa State Commissioner for Youth Development, Alfred Kemepado Nimizigha, represented by the Director-general of the State’s Centre for Youth Development, Robert Igali, lauded the NCDMB for the programme.
The Commissioner urged youths to engage in meaningful activities rather than taking to social vices, noting that the Governor Douye Diri’s led ‘prosperity administration’ would continue to embark on several initiatives and programmes aimed at empowering youths across the state.
 Ariwera Ibibo-Howells, Yenagoa
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Ban On Satchet Alcoholic Drinks: FG To Loss  N2trillion, says FOBTOB

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Ahead the December 31 effective date for enforcement of the ban on alcoholic drinks and beverages in PET or glass bottles below 200ml, the Food, Beverage, and Tobacco Senior Staff Association (FOBTOB) has warned that Nigeria risks losing more than N2 trillion in investments.
The union urged the federal government to reverse the planned ban, cautioning that the Senate’s directive to the National Agency for Food and Drug Administration and Control (NAFDAC) would trigger severe socioeconomic consequences across the industry.
Speaking at a Press Conference, in Lagos, the President of FOBTOB, Jimoh Oyibo, said repealing the directive would prevent massive job losses and protect the country from economic disruption.
“Repealing the order would avert the grave repercussions that would most definitely follow the ban, especially by saving approximately 5.5 million jobs, both direct and indirect,” he said.
Oyibo appealed to the Senate to invite stakeholders to a public hearing, insisting that all parties must be allowed to present their positions before any decision is made.
“For a fair hearing and to demonstrate good faith, the Senate should invite relevant stakeholders to a Public Hearing to ‘hear the other side’ and be adequately informed to make an informed decision,” he said.
The union leader urged the Senate to carefully review and endorse the validated National Alcohol Policy, describing it as a multi-sectoral framework developed after last year’s public hearing, when the initial call for the ban was raised.
He urged the lawmakers to consider the entire value chain in the alcoholic beverage industry, including formal and informal workers and legitimate local manufacturers, before approving any enforcement.
Highlighting the economic implications, Oyibo said close to N2 trillion invested in machinery and raw materials could be wasted, while over 500,000 direct workers and an estimated five million indirect workers, including suppliers, distributors, marketers, and logistics operators, could lose their livelihoods.
He said “Nearly N2 trillion worth of investments in machinery and raw materials could be lost. Indigenous Nigerian manufacturers risk total collapse, discouraging future investments.
“Smuggling and the circulation of unregulated alcoholic products may skyrocket, worsening public health dangers. Government tax revenue could decline sharply as factories shut down or scale back operations.
“With rising unemployment and no safety nets, this ban will plunge families into poverty. The very children the policy claims to protect may be forced out of school if their parents lose their jobs”.
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Estate Developer Harps On Real Estate investment 

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A  Canadian based Nigerian Estate  Developer, Andrew Enofie, has said that diversification of investment into the real  estate sector remains the key to business sustainability.
Enofie said this during the launch of The Golden Gate investments, in Port Harcourt, recently.
He said  real estate sector has always remain stable during period of  inflations, adding that diversification into the sector would ensure that businesses never loose out during such periods.
He also called on Nigerian businessmen to put their money into the Canadian estate industry with the view to reaping maximum benefit.
According to him, Canada  has one of the lowest inflation rate in the world and Nigerian businessmen can reap benefits by putting their monies into the Canadian estate sector.
Enofie said his company, with many years of experience in the real estate sector, can assist Nigerian businessmen with the quest  to acquire property in Canada.
According to him, investors have more opportunities to diversify their funds, saying “it also open doors for investors to invest in the Canadian real estate market.
“With the launch of this fund, we are strategically positioned to navigate current market dynamics,r3 rising demand, shifting rates and evolving economic trends, while focusing on sustainable growth”, he said.
Also speaking, an investor, Mike Ifeanyi, also called on investors to invest in real estate.
He commended the company for its pledged to assist Nigerian businessmen willing to invest in Canada, but added that the whole thing must be transparently done inorder to avoid fraud.
Also speaking, Chukwudi Kelvin, yet another investor, described the event as an eye opener, stressing that time has come for Nigerian investors to go into the Canadian estate sector.
By: John Bibor,/Isaiah Blessing/Umunakwe Ebere/Afini Awajiokikpom
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