September 2021 - Page 2 of 9 - Business Metrics

Veritas Kapital appoints new executive director

Veritas Kapital Assurance Plc as announced the appointment of Mrs. Oyindamola Unuigbe as an Executive Director on the board of the Company. The company made the...

General3 years ago

Africa faces challenge as emerging markets struggle for $4.226 trillion electricity access financing

The African region in dare need of investments to fulfill sustainable energy target as emerging markets struggle to provide $4.226 trillion private sector investment required for...

UBA chatbot LEO hits 3 million user mark

Finance3 years ago

UBA chatbot LEO hits 3 million user mark

United Bank for Africa (UBA) Plc has reported that its artificial intelligence banking chat bot, LEO, recorded three million users. The lender described LEO as the...

General3 years ago

Heritage Bank partners LFC to boost employment prospect among youth

Heritage Bank partners LFC to boost employment prospect among youth In light of the growing unemployment rate in Nigeria, Heritage Bank Plc has partnered Living Faith Church...

Markets3 years ago

Access Bank follows up $500 Eurobond with additional issuance

Access Bank Plc is holding a global investor call today (27th of September 2021) ahead of a fresh Senior Unsecured Eurobond issuance. Less than a week...

Finance3 years ago

Insurance chiefs in Nigeria express plans to reposition sector for growth

Insurance Operators in Nigeria have expressed determination to effect necessary changes in their modus operandi that will illicit growth and development of the insurance sector. This...

Finance3 years ago

AIICO signs pacts on embedded insurance

AIICO Insurance Plc, has entered into partnership with two firms to drive the concept of embedded insurance in the country to further enhance its quality service...

Economy3 years ago

Naira crashes further to 580 to dollar

The naira exchanged to the dollar at 580 on Friday, while the Pound Sterling traded for 780 at the parallel market. Some Bureau de Change (BDCs)...

Finance3 years ago

eNaira portal goes live; records over 1m hits in 24 hours

The official website of the upcoming Central Bank of Nigeria’s (CBN) digital currency, the eNaira portal, has gone live, exactly one week to the planned launch...

Jigawa governor extols ex-immigration CGI, Babandede The Jigawa State Governor, Mohammed Badaru Abubakar has described the immediate past Comptroller General of Immigration, Mohammed Babandede, as a worthy son and ambassador of the state. He said every true son and daughter of the state must be proud of Babandede, who he said served the country meritoriously and brought honour and respect to the Immigration service. The governor said this at the weekend when the former CGI paid him a courtesy visit to appreciate his support throughout his more than five-year tenure of office. He said; “Well, we have to thank you very much because we had a worthy ambassador out there. I have seen and I know that the Nigeria Immigration Service never had it so well. It is not me that said it but the minister (Minister of interior, Rauf Aregbesola). It was a testimony for those of us who were there at the pulling out ceremony. “So, Jigawa sons and daughters will always be proud of you for being a good ambassador. And I'm sure that you are not tired. The time will come when we will need your service. I am very sure of that. The same passion that you have for the development of the country and the state will be demonstrated again and again. So I congratulate you for a very wonderful exit from civil service and a toast to a promising new beginning because the records are there.” Earlier in his words of appreciation to the governor, the former CGI said he was humbled and honoured by the governor’s support and encouragement. He said he was to be hosted by the people of his Hadejia hometown and Ringim at the weekend but that he could not enter the state without first paying homage to the governor. He said on the day of the pulling out ceremony, the governor was already on seat before 9a.m for a programme slated for 10a.m. Babandede said; “We have come to thank you for your support when I was the CG and even when I was leaving the service. You were the first person to arrive the pulling out ceremony. The programme was scheduled for 10a.m but before 9a.m you were already in your seat. That is a huge honour. If you were not there, the ceremony would have been different but when my own governor is on a seat, and my own emir was also on the seat, then there was nothing left. “I have also come to tell you that the emir of my hometown is organising dinner for me and the emir of Ringim is organising lunch for me on Sunday. They said they appreciate our modest contributions to our community, even though I have given them clear warning that there should be no political rallies because I have just retired and I have not indicated any intention to do anything.” Mr Babandede said he has no political ambition yet except that he wants to rest to think of the next chapter in his life. “One needs to rest, sit down properly before one decides on what to do. This clarification is important because social media could be terrible. Before you know it, stories will be flying around. “So I said I cannot enter Hadejia or visit Ringim without visiting the governor, that is the protocol. That is why I have come here. The intention is nothing. I didn't organise it but the people are doing so. It is simply to answer their call and thank them in return. They feel that one has done something for them and that is why they want to show respect. But the biggest respect for me is the one for my governor,” he added. He thanked the governor for what he described as changing the narratives in Jigawa State, saying unlike the culture of giving money to individuals in the past, the state could now boast of infrastructure and basic amenities. “My greatest anger with our political system is wasteful spending. Many people in our land believe that politics is about giving out money. So I must thank you for tightening the expenditure in Jigawa. We no longer hear of such wasteful spending in Jigawa again. To deal with my governor, you must be able to calculate properly. That is sanity. He brought sanity into public spending. “A lot of people have come and gone since independence and they were only known for giving individuals money. So when you ask them what they have done, it is nothing. I don't want to talk much because I just retired as a public servant.” But speaking about his nickname of a “Calculator governor,” the governor said he could not understand why the people have refused to get its meaning. The governor said his commitment to setting priorities right and getting value for money earned him the appellation. The governor said he had been in business for many years before venturing into politics, and that the responsibility of a leader should be to consider lives to be impacted by their decisions. He said if as a businessman he could not be wasteful with his resources, he did not see reasons that he should change as a public servant. He said; “People refuse to understand the reason people call me calculator; it is just value for money, that is, getting your priorities right at the right cost. “It is for a leader to judge between building a luxury house for himself and to provide basic services for the benefit of the people. You have to weigh options. For every expenditure, how many lives will be touched? That is the meaning of what we do, myself and Babandede. “Being a calculator is not about keeping money, calculating money or being stingy but it is about putting the priorities right and doing it well. And fortunately,I have been on the business side for a very long time. So I know prices for almost everything and I have contacts that know prices who can support. So we try to direct expenditure correctly.” The governor said no one can give him a price of N40,000 for what can be done for N20,000. “That is the calculator.”

General3 years ago

Jigawa governor extols ex-immigration CGI, Babandede

The Jigawa State Governor, Mohammed Badaru Abubakar has described the immediate past Comptroller General of Immigration, Mohammed Babandede, as a worthy son and ambassador of the...