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Focus On Solving Societal Problems, Jonathan Charges Varsities

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The former President, Dr Goodluck Ebele Jonathan has charged African universities to always seek to produce graduates that would be well-equipped to address the social and economic needs of society.
He also called on tertiary education planners in Africa to devise means of meaningfully engaging businesses with a view to establishing academia-industry partnerships that would enhance research and create avenues for employment and jobs.
He stated this, yesterday in Kampala during his formal inauguration as the third Chancellor of Cavendish University Uganda, following in the footsteps of two former Presidents, Benjamin Mkapa and Dr Kenneth Kaunda.
He said, “We should ensure that the university education we offer intersects and engages with the social and economic challenges within the national, regional, continental, and global contexts.”
On the need for strategic industry-academia relations, Jonathan noted, “Our task will be to engage the industry across the regions and the continent with a view to creating academia-industry partnerships.
“This will work better if the academia supports the industry with research to strengthen production, distribution, and marketing while industry supports the university with research funding, internship placement opportunities for students and the offer of industry practitioners to support teaching and learning with the current business trends and hands-on experience.”
Making a case for more youths to be able to access tertiary education, Jonathan said, “We need to focus on removing barriers to accessing higher education for much African youth who are gifted but disadvantaged economically. The sponsorship by governments is limited to their own revenue bases and is available mainly in public education institutions.
“There is the need to secure scholarships for the bright but deprived youth, even if it means connecting them to loan schemes, where they can pay it off, over a period of time even after graduation.”
He also urged political leaders to leverage Africa’s abundant human resources and lead innovations that will add value to the continent’s natural resources and primary produce.
“In this regard, priority should be given to the establishment of more cottage industries to process these products in order to create more wealth and jobs for the people”, he said.
The chancellor further charged the graduands to deploy the knowledge they acquired towards solving societal problems.
He said, “As you celebrate this moment of glory, I charge all of you who have come this far, to realize that with this achievement comes the responsibility to deploy the market-driven training you have received at CUU to solving Africa’s problems and making a considerable contribution to the growth of your professions.
“I should also remind you that we live in a rapidly changing world which requires you to constantly retrain yourself, pursue new knowledge and skills in order to remain relevant and make society better.
“I also urge you to be purposeful in building relationships, impacting people around you positively, and building a community of reformers and change agents. And in doing so, be resolute in discharging leadership responsibilities and pay more attention to how society is governed. For in good leadership lies the fate of humanity and survival of individuals, professions and the society.”
Jonathan described Cavendish University as a leading international university in the country with a very diverse student population from over 25 countries.
“This offers students a unique multi-cultural experience and wide connections that are required in the current situation where the world has become a global village.”

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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally

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President Bola Tinubu yesterday celebrated the Nigerian Exchange Group’s breakthrough into the N100tn market capitalisation threshold, saying Nigeria has moved from an ignored frontier market to a compelling investment destination.

Tinubu, in a statement signed by his Special Adviser on Information and Strategy, Bayo Onanuga, urged Nigerians to increase their investments in the domestic economy, expressing confidence that 2026 would deliver stronger returns as ongoing reforms take firmer root.

He noted that the NGX closed 2025 with a 51.19 per cent return, outperforming global indices such as the S&P 500 and FTSE 100, as well as several BRICS+ emerging markets, after recording 37.65 per cent in 2024.

“With the Nigerian Exchange crossing the historic N100tn market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” Tinubu said.

He attributed the stellar performance to Nigerian companies proving they can deliver strong investment returns across all sectors, from blue-chip industrials localising supply chains to banks demonstrating technological innovation.

The President added, “Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group. Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered.”

Tinubu disclosed that more indigenous energy firms, technology companies, telecoms operators and infrastructure firms are preparing to list on the exchange, a move he said would deepen market capitalisation and broaden economic participation.

He also cited what he described as a sustained decline in inflation over eight months—from 34.8 per cent in December 2024 to 14.45 per cent in November 2025—projecting that the rate would fall below 10 per cent before the end of 2026.

“Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians,” he said.

The President attributed the trend to monetary tightening, elimination of Ways and Means financing, and agricultural investments, which he said helped stabilise the naira and ease post-reform pressures.

Nigeria’s current account surplus reached $16bn in 2024, with the Central Bank projecting $18.81bn in 2026, reflecting a trade pattern shift toward exporting more and importing less locally-producible goods.

Non-oil exports jumped 48 per cent to N9.2tn by the third quarter of 2025, with African exports nearly doubling to N4.9tn. Manufacturing exports grew 67 per cent year-on-year in the second quarter.

Foreign reserves have crossed $45bn and are expected to breach $50 billion in the first quarter, giving the CBN ammunition to maintain currency stability and end the volatility that previously fuelled speculation, according to the President.

Tinubu also highlighted infrastructure expansion in rail networks, arterial roads, port revitalisation, and the Lagos-Calabar and Sokoto-Badagry superhighways, alongside improvements in healthcare facilities that are reducing medical tourism costs, and increased university research grants funded through the Nigeria Education Loan Fund.

“Our medicare facilities are improving, and medical tourism costs are declining. Our students benefit from the Nigeria Education Loan Fund, and universities are receiving increased research grants,” he said.

He described nation-building as a process requiring hard work, sacrifices, and citizen focus, pledging to continue working to build an egalitarian, transparent, and high-growth economy catalysed by historic tax and fiscal reforms that came into full implementation from January 1.

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RSG Kicks Off Armed Forces Remembrance Day ‘Morrow  …Restates Commitment Towards Veterans’ Welfare

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The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.

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?The Secretary to the Rivers State Government, Dr. Benibo Anabraba, in a statement by ?Head, Information and Public Relations Unit, SSG’s ?Office, ?Juliana Masi, stated this during the Central Planning meeting of the 2026 Armed Forces Remembrance Day in Port Harcourt, yesterday.

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?Anabraba thanked the Committee for their contributions to the success of the Emblem Appeal Fund Ceremony recently held in the State and called on them to double their efforts so that the State can record resounding success in the remaining activities.

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?According to him, the remembrance day events will begin with Jumaàt Prayers on Friday, 9th January at the Rivers State Central Mosque, Port Harcourt Township, while a Humanitarian Outreach/Family and Community Day will be hosted on Saturday, 10th January, by the wife of the governor, Lady Valerie Siminalayi Fubara, for widows and veterans.

?”On Sunday, 11th January, an Interdenominational Church Thanksgiving Service will hold at St. Cyprian Anglican Church, Port Harcourt Township while the Grand-finale Wreath- Laying Ceremony will hold on Thursday, 15th January at the Isaac Boro Park Cenotaph,  Port Harcourt”, he said.

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?The SSG noted that one of the highlights of the events is the laying of wreaths by Governor Siminalayi Fubara and Heads of the Security Agencies.

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Fubara Redeploys Green As Commissioner For Justice

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The Governor of Rivers State, Sir Siminalayi Fubara, has approved a minor cabinet reshuffle in the State Executive Council.

Under the new disposition, Barrister Christopher Green, who until now served as Commissioner for Sports, has been redeployed to the Ministry of Justice as the Honourable Attorney General and Commissioner for Justice.

This is contained in an official statement signed by Dr. Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications.

According to the statement, Barrister Green will also continue to coordinate the activities of the Ministry of Sports pending the appointment of a substantive Commissioner to oversee the ministry.

The redeployment, which takes immediate effect, was approved at the last State Executive Council meeting for the year 2025, underscoring the Governor’s commitment to strengthening governance, ensuring continuity in service delivery, and optimising the performance of key ministries within the state.

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