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NCRIB Delighted Over PH Area Membership Growth

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The National President of the Nigerian Council of Registered Insurance Brokers (NCRIB), Mr. Ayodapo Shoderu, has expressed delight over the growth of his council’s membership in the Port Harcourt area.
The NCRIB boss said this while inaugurating the Insurance Brokers, Port Harcourt Committee, in Port Harcourt, recently.
Shoderu, noted that the membership was a handful as at 1985, but now has over 100 members.
He also tasked the new Committee to deepen brokerage practice in the area as to attract more membership.
According to him, the Area which is among the six Area Committees in the country was of a great importance to the industry, due to its robust contribution in commerce development in the country.
The Insurance expert recalled that apart from Lagos, Port Harcourt remains the next best indicator of a potentially huge market for insurance brokers in Nigeria.
He also identified communication and misinformation about the sector as one of the challenges inhibiting its expansion.
He pointed out that his administration, after considering the setbacks, has decided to embark on strategic networking.
The process, he said, links notable Nigerians, institutions, traditional rulers, leaders of the British Insurance Brokers and others.
Furthermore, he noted that it would also promote positive public awareness of the role of insurance in the society and as well, enhance global acceptance and reckoning of NCRIB members.
Meanwhile, the new chairman of the Port Harcourt Area Committee, Ms Amaka Ogbedaigo, has promised to take the industry to the next level with her level of experience in insurance job.
Other members of the committee are, Mr. Joseph Olayeni – Vice Chairman, Mr. Kingsley Ehimadu – Secretary, Mr. Mbah Peters – Financial Secretary, Ms Victoria Nwauzor – Treasurer, Mr. Omeche Omeche Public Relations Officer and Uruaku Eze is to serve as ex-officio member.

Cross section of Yuriu Kpean Co-operative, Investment and Credit Society, during their launching at Kono Waterfront.            									Photo: Nwiveh Donatus Ken

Cross section of Yuriu Kpean Co-operative, Investment and Credit Society, during their launching at Kono Waterfront. Photo: Nwiveh Donatus Ken

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Pipeline Explosion In Abua Odua, LGA Chair Calls For Calm

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Fresh explosions have hit oil and gas pipelines in Odau Community, in Abua/Odual Local Government Area of Rivers State, triggering a major security and  environmental crisis that has forced residents to abandon their homes.
The first incident occurred  along the Kolo Creek – Rumuekpe crude oil pipelines, operated by Renaissance Africa Energy Company Limited.
This was followed by a gas pipeline explosion on the Ogboinbiri – Obirikom Gas Pipeline, operated by Oando Plc, in the same week.
In a statement by the Abua/Odual Council Chairman, Hon. Owolobi Michael Ofori said  the blasts, suspected to be the handiwork of militants, have unleashed persistent gas leakage in the area, raising fears of fire outbreaks and toxic exposure as residents of Odau have largely deserted the community due to the dangerous situation.
According to him, some residents of the area have been hospitalised after inhaling the leaking gas, adding that the impact has spread to neighbouring communities, including Obedum, Emirikpoko, and Anyu in Abua/Odual LGA, as well as Oruma and Ibelebiri in Bayelsa State.
Hon. Ofori expressed deep concern over the plight of the affected residents and urged the operating companies to act swiftly.
The Council expressed its deepest sympathy to all affected persons and communities and remained gravely concerned about the safety, health, and welfare of residents whose lives and livelihoods have been disrupted by these incidents.
“We call on Renaissance Africa Energy Company Limited and Oando Plc to immediately deploy all necessary technical and emergency response resources to contain the fires, halt the gas leakage, secure the affected pipeline corridors, and mitigate further environmental and public health risks.” the Council Chairman Said.
The chairman also appealed to the two oil firms to provide immediate humanitarian assistance and relief materials to the displaced residents while work continues to restore normalcy.
The Council Chairman said he is working closely with security agencies and emergency responders to monitor the situation and coordinate necessary interventions.
The Council Boss advised Residents of the Local Government Area to remain calm, cooperate with authorities, and adhere strictly to safety directives.
Ofori further called on the National Emergency Management Agency (NEMA), the National Oil Spill Detection and Response Agency (NOSDRA), the Rivers State Government, and other relevant bodies to intervene urgently to prevent  loss of lives and environmental damage.
Hon. Ofori assured that the council remains committed to the protection and welfare of its people and will continue to engage all stakeholders to resolve the crisis.
Enoch Epelle
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Fidelity Bank Collaborates YEIDEP To Empower Nigerian Students

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Fidelity Bank Plc has reaffirmed its commitment to youth empowerment, financial inclusion and entrepreneurship through a strategic partnership with the Youth Economic Intervention and De-radicalization Programme (YEIDEP), a Federal Government-backed initiative aimed at equipping young Nigerians with the skills, support and opportunities needed to build sustainable livelihoods.
Under the partnership, the bank will support the enrolment of students and young people into the YEIDEP programme, which is designed to tackle youth unemployment, promote enterprise development and expand economic participation among Nigeria’s growing youth population.
The next phase of the initiative is scheduled to end today at Nnamdi Azikiwe University, Awka, where the enrolment exercise for students and youths across the South-East that started since July 1st would be concluded at the university’s Convocation Arena.
The exercise is expected to reach more than 60,000 regular undergraduate students.
Speaking on the partnership, Fidelity Bank’s Divisional Head, Product Development, Osita Ede, said youth empowerment remains central to the bank’s vision of building a more inclusive and prosperous society.
He noted that Nigeria’s youths represent the country’s greatest asset and stressed that providing them with the right skills, opportunities and financial support is critical to unlocking their potential and driving national development.
According to Ede, the bank continues to provide young Nigerians with tools for success through its digital banking platforms, financial literacy initiatives, youth-focused products and strategic partnerships.
He added that Fidelity Bank recognises that limited access to funding, mentorship and business development support remains a major challenge for many aspiring entrepreneurs, and is committed to creating pathways that will help them overcome these barriers.
The bank said its support for YEIDEP aligns with its longstanding commitment to empowering Micro, Small and Medium Enterprises (MSMEs), which it described as key drivers of economic growth and job creation in Nigeria.
Interested students and youths have been encouraged to open Fidelity Bank accounts and register for the programme through the bank’s dedicated online portal.
Nkpemenyie Mcdominic, Lagos
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