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President Buhari urges institutions to collaborate with Industrial sectors

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The Federal government has urged Nigerian universities to continue to collaborate with the industrial sector to enhance socio-economic and technological transformation of the country.

President Muhammadu Buhari made the appeal on Sunday in Dutsin-ma, Katsina State, at the second and third combined convocation of the Federal University Dutsin-ma.

Mr. Buhari was represented by the Executive Secretary, Nigerian Universities Commission (NUC) Adamu Rasheed, a professor.

“I want to challenge all Nigerian universities to come out of their shell to build constructive linkages and collaboration with the industrial sector of the society.

“This remains the only way we can enhance the socio-economic and technological transformation of our country,’’ he said.

He said that universities were supposed to be strong drivers of society’s development initiatives and provide leadership role in coordinating activities for sustainable development.

“The universities are equipped with manpower for continuous research and dissemination of ideas that will guide policies, programmes and action plans for the public and private sectors,’’ he said.

Mr. Buhari urged the graduating students to contribute their knowledge to the development of the economy.

He urged the university to intensify efforts in research, to produce improved agricultural products needed to ensure food security.

“The university is also expected to be a forerunner in agricultural modernisation that will support the local farmers to enhance their productivity and economic viability,” he said.

He said that the university should, through researches, proffer solutions to overcome the challenges towards ensuring sustainable livestock sector development for the country.

Mr. Buhari said that government would continue to give maximum support to universities’ education in spite of dwindling resources.

The Acting Vice Chancellor of the university, Armayau Bichi, a professor, said that over 700 students were awarded with degrees.

He said that 42 graduated with first class degrees, and would be given automatic employment in the university.

Mr. Bichi said that 17 of the first class degree students would receive their employment letters while the remaining 23 would be employed after their service.

He said challenges confronting the university included inadequate water supply to the new site of the institution, road network, inadequate security arrangement in the new campus, insufficient staff quarters and students hotels.

Source : (NAN)

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Nigeria’s Economy May Emerge From Recession In 2021 Q1, Says Emefiele

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 Nigeria’s Economy May Emerge From Recession In 2021 Q1, Says Emefiele

CBN Governor – Godwin Emefiele

The Central Bank of Nigeria (CBN) has predicted that the nation’s economy may emerge from recession in the first quarter of 2021.

Recall that some days ago, Nigeria entered into recession for the second time since 2016.

CBN Governor, Godwin Emefiele, made the prediction on Friday during the 55th annual Bankers Dinner which held in Lagos.

He expressed that the expected economic growth was two per cent.

Also Read: Nigeria Will Exit Recession By First Quarter Of 2021 – Finance Minister

Emefiele said, “With the sustained implementation of our intervention measures, we do expect that the Nigerian economy could emerge from the recession by the first quarter of 2021.”

“We also expect that growth in 2021 would attain 2.0 per cent. However, downside risks remain, as restoration of full economic activities, particularly in service-related sectors, remains uncertain until a COVID vaccine is produced and made available to millions of people across the world.

“Second, with the significant rise in cases in advanced markets and the imposition of lockdowns in parts of Europe, concerns remain on the impact this could have on growth in advanced economies, commodity prices and the financial markets.”

He also called for measures to “insulate our economy from the impact of these shocks through our diversification efforts, while also working to ensure that we adhere to safety protocols in order to prevent a surge in COVID-19 related cases, as this could further cripple economic activities.

This prediction by the apex bank echoes the projection of the Minister for Finance, Budget and National Planning, Zainab Ahmed, who stated that Nigeria would exit recession in the first quarter of 2021.

 

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Shehu Sani Reacts To Hisbah’s Call For Scrapping Of Black Friday

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Shehu Sani Reacts To Hisbah's Call For Scrapping Of Black Friday

Shehu Sani

Former lawmaker, Senator Shehu Sani has reacted to the call for the scrapping of the popular ‘Black Friday’sales by the Kano State Hisbah Board.

Recall that earlier on Friday, the board asked a radio station, demanding that it stops using the word “Black Friday” to refer to Friday.

Also Read: TECNO Stormed Computer Village with BBNaija’s OZO to Wrap up its Black Friday Sales Activities

The board explained that since Friday is regarded as a holy day in Islam, tagging it “Black Friday” is derogatory and a thus, should not be condoned.

Reacting to the statement, the former lawmaker from Kaduna described the threat by the Hisbah board as ‘nonsensical.”

He wrote:

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Court Orders Release Of Sen. Ndume From Kuje Prison

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Court Orders Release Of Sen. Ndume From Kuje Prison

Ali Ndume

A Federal High Court sitting in Abuja has granted bail to Senator Ali Ndume who was detained in prison on Monday following the failure to produce Abdulrasheed Maina in court.

This was made known by the presiding judge, Justice Okon Abang in a ruling on Friday, November 27.

Also Read: BREAKING: Court Fixes Date For Ndume’s Bail Application

He stated that he chose to grant the senator bail based on his record of good behaviour before the court, notwithstanding that the other grounds of his bail application failed.

Justice Abang granted bail to Senator Ndume pending the hearing and determination of the Borno South Senator’s appeal filed at the Court of Appeal to challenge Monday’s order.

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