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Today's Headlines: Edun Charges New SEC Board On Innovation, Fed Govt to invest in Made-in-Nigeria vehicles

opera.com 2024/10/7

Edun charges new SEC board on innovation

Photo Credit: The Nation Nigeria

The federal government has called on the newly inaugurated board of the Securities and Exchange Commission (SEC) to prioritize innovation to effectively regulate the dynamic capital market.

This directive was given by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, during the board’s inauguration in Abuja on Monday.

Mr. Edun expressed enthusiasm about the board’s composition and urged its members to demonstrate courage, boldness, openness to innovation, and readiness to tackle the challenges of regulating new financial areas.

Photo Credit: Google

Fed Govt to invest in Made-in-Nigeria vehicles

Photo Credit: The Nation Nigeria

Director General, National Automotive Design and Development Council (NADDC), Oluwemimo Joseph Osanipin, yesterday said the Federal Government has concluded plans to invest in Made-in-Nigeria vehicles.

To this end, Osanipin said President Bola Ahmed Tinubu has directed Ministries, Departments and Agencies (MDAs) to patronize vehicles manufactured or assembled in Nigeria.

The NADDC boss spoke with The Nation during an Inspection Visit to Lanre Shittu Motors in Lagos.

Global warming: Gas flaring, poor waste management in Nigeria alarming – Experts

Photo Credit: Daily Post

As Nigeria continues to grapple with the impact of global warming and climate change, environmental experts have advised the government and other stakeholders to make deliberate efforts to abate methane emission and other greenhouse gases for a cleaner environment and safer existence.

They noted that human activities (Anthropogenic Sources) contribute about 60% of methane emission, stressing that collective efforts to abate it would be critical to achieving the 1.5°C warming pathway, avoiding the worst effects of climate change and achieving Nigeria’s target of reducing methane emissions by 45% by 2025 and 60-75% by 2030.

The experts stated this in Uyo, Akwa Ibom State capital, during a roundtable discussion on “Methane Abatement in Nigeria: A Special Focus on Anthropogenic Sources of Methane Emission,” which was jointly organized by the Environmental Centre for Oil Spill and Gas flaring (ECOSGF); African Initiative for Transparency Accountability and Responsible Leadership, (AfriTAL); Peace Point Development Foundation (PPDF) and sponsored by TrustAfrica.

SAN advocates decentralisation of judicial system

Photo Credit: The Nation Nigeria

A Senior Advocate of Nigeria (SAN), Adeyinka Moyosore Kotoye, has advocated for the decentralisation of the country’s judicial system, saying that what is obtainable now is quasi unitary in nature.

Kotoye (SAN) spoke on the topic, “ The Law, the Bar, the Society” last Thursday at the Nigerian Bar Association (NBA), Ijebu Ode Branch Annual Lecture and inauguration of a new executive of the bar under the chairmanship of Chief (Dr.) Fassy Yusuf and held at Chief Chris Ogunbanjo Centre, Erunwon town, near Ijebu Ode.

Other members of the new NBA executive are the Vice-Chairman, A. D. Sosanwo, Secretary, Mrs Elsie Adepitan – Olaniyi; Assitant Secretary, Adegboyega Titilayo Motunrayo; Financial Secretary, Abraham Sokefun; Welfare Secretary, Mrs. Ogundile Adebowale (Mrs): Social Secretary, Mariam Ogunmoye; Treasurer,Adegbenle Joseph; Provost, Akindehinde Azeez Oyebola and Public Relations Officer (PRO), Atinuke Ibidapo Adebajo.

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