Rakshit Choudhary : de directeur des opérations à co-PDG de Deriv

  • Rakshit Choudhary, promu co-PDG, collaborera avec le fondateur et PDG Jean-Yves Sireau
  • Deriv donne un coup de neuf à son modèle de leadership à l’approche de la célébration de son 25e anniversaire
Rakshit Choudhary : de directeur des opérations à co-PDG de Deriv

Rakshit Choudhary, co-CEO of Deriv

Rakshit Choudhary, co-PDG de Deriv

CYBERJAYA, Malaysia, 26 avr. 2024 (GLOBE NEWSWIRE) — À l’approche de son 25e anniversaire, qui est un moment marquant pour cette entreprise de trading en ligne, Deriv a annoncé la promotion de Rakshit Choudhary du poste de directeur des opérations (COO) à celui de co-Président-directeur général (co-PDG). Ce modèle de co-leadership permettra de tirer parti des différentes forces et des diverses approches des deux dirigeants.

Le choix d’un tel modèle n’a pas uniquement une visée stratégique pour Deriv. Il permet à l’organisation d’intégrer des points de vue divers et le travail d’équipe à la prise de décisions critiques, afin de maintenir l’agilité de l’entreprise. Ce double cadre de leadership contribuera également à créer un environnement où le respect réciproque et la responsabilité partagée constituent la norme, et où l’autonomie individuelle est équilibrée par une vision collective.

D’après Jean-Yves Sireau, fondateur et co-PDG de Deriv : « Rakshit a l’étoffe du leader qui comprend parfaitement la vision de Deriv. Sa promotion au poste de co-PDG va donc de soi. C’est comme cette synergie que l’on observe dans la programmation en binôme, cela améliore la prise de décision et l’alignement des objectifs. »

« Le 25e anniversaire de Deriv marque un moment de réflexion. Renouveler notre modèle de leadership nous permet de passer à la phase supérieure de l’activité de Deriv, qui est axée sur une expansion mondiale et un engagement plus profond avec des marchés diversifiés. Cette double approche de leadership permet à Deriv de rester innovant et de s’engager en faveur d’un excellent service client et de partenariats solides. »

Choudhary, qui est titulaire d’une maîtrise obtenue au Georgia Institute of Technology, a occupé depuis 2009 les postes de spécialiste de l’analyse quantitative, puis responsable du développement quantitatif et de la recherche à Deriv. Il a ensuite occupé le poste de responsable du développement de produits avant d’être promu directeur des opérations en 2018.

Rakshit Choudhary fait part de ses impressions : « Participer directement, ces 14 dernières années, à la croissance et à l’évolution incroyables de Deriv, qui est resté fidèle à sa mission consistant à rendre le trading accessible à tous et partout, fut un privilège inédit pour moi. Au cœur de cette mission se trouve la volonté de rester innovant, sûr et accessible. C’est avec plaisir que continuerai à développer les activités de Deriv à l’échelle mondiale aux côtés de Jean-Yves, afin d’accompagner l’entreprise au cours de ses 25 prochaines années de succès. »

Deriv est également passée à un modèle de co-directrice financière, Jennice Lourdsamy, précédemment responsable des comptes et des paiements, assumant un double rôle de leadership en tant que co-directrice financière aux côtés de Louise Wolf, l’actuelle directrice financière. Le co-leadership ne se limite pas aux postes de direction. Chez Deriv, elle s’étend à tous les niveaux de l’entreprise et cadre avec ses valeurs que sont l’intégrité, la compétence, l’orientation client et l’esprit d’équipe.

Deriv reste fidèle à ses principes d’excellence en matière de leadership, marqués par une vision claire, des approches axées sur les résultats, un apprentissage continu et une propension à l’action. Ces principes alimentent les opérations quotidiennes et sont essentiels à la réalisation de la mission de Deriv : rendre les solutions de trading de pointe accessibles dans le monde entier.

À propos de Deriv

Depuis 25 ans, Deriv s’attèle à rendre le trading en ligne accessible à tous et partout. Constituée aujourd’hui d’un réseau comptant plus de 2,5 millions de traders dans le monde, la société fournit une riche gamme de types de contrat. En outre, elle propose fièrement plus de 200 actifs sur des marchés populaires à partir de ses plateformes de trading primées et intuitives. Deriv a su développer une culture au sein de ses bureaux, comptant plus de 1 300 employés répartis dans le monde, qui célèbre les réalisations, encourage la croissance professionnelle et favorise le développement des talents, ce qui justifie son accréditation Platinum délivrée par Investors in People.

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Deriv promotes Rakshit Choudhary from COO to co-CEO

Rakshit Choudhary promoted to co-CEO

Deriv promotes Rakshit Choudhary from COO to co-CEO

  • Rakshit Choudhary promoted to co-CEO, partnering with Founder and CEO Jean-Yves Sireau
  • Deriv refreshes its leadership model as it gets set to celebrate its 25th anniversary

    Rakshit Choudhary, co-CEO of Deriv

Rakshit Choudhary, co-CEO of Deriv

CYBERJAYA, Malaysia, April 26, 2024 (GLOBE NEWSWIRE) — In a significant move for the online trading company, as it approaches its 25th anniversary, Deriv has announced the promotion of Rakshit Choudhary from Chief Operating Officer (COO) to co-Chief Executive Officer (co-CEO). The co-CEO model will capitalise on the different strengths and diverse perspectives of both leaders.

Choosing the co-model is not just a strategic move for Deriv. It lets the organisation incorporate diverse viewpoints and teamwork into critical decision-making to keep the business agile. This double leadership framework also creates an environment where reciprocal respect and shared accountability are standard practices and balances individual autonomy with a collective vision.

Jean-Yves Sireau, Founder and co-CEO of Deriv, said: “Rakshit is a great leader with a deep understanding of Deriv’s business, so his move to co-CEO is a natural step forward for us. It is like the synergy you see in pair programming—improved decision-making and better alignment of goals.

“Deriv turning 25 is a moment for reflection. Refreshing our leadership model makes us well-positioned to take on the next phase of Deriv’s business, which is focused on expanding globally and engaging more deeply with diverse markets. This dual leadership approach helps keep Deriv innovative and committed to excellent customer service and strong partnerships.”

Choudhary, who holds a Master’s degree from Georgia Institute of Technology, joined Deriv in 2009 as a Quantitative Analyst and then Head of Quantitative Development & Research. His next role at Deriv was Head of Product Development before his promotion to COO in 2018.

Rakshit Choudhary shared his thoughts on his new role: “I have been lucky to be part of Deriv’s incredible growth and evolution for the last 14 years, witnessing firsthand its mission to make trading accessible to anyone, anywhere. At the centre of this is a focus on staying innovative, secure, and accessible. I look forward to continuing to grow Deriv’s business globally alongside Jean-Yves, as we take the company into another successful 25 years.”

Deriv has also transitioned to a co-CFO model with Jennice Lourdsamy, previously Head of Accounts and Payments taking a double leadership role as co-CFO alongside Louise Wolf, the current CFO. The co-leadership mindset does not end at the C-level. It is practised across Deriv at all levels, in line with the company’s values of integrity, competence, customer focus, and teamwork.

Deriv remains committed to its principles of leadership excellence, marked by clear vision, result-oriented approaches, continuous learning, and a bias for action. These principles are embedded in daily operations and are critical to achieving Deriv’s mission of making advanced trading solutions accessible worldwide.

About Deriv

For 25 years, Deriv has been committed to making online trading accessible to anyone, anywhere. Trusted by over 2.5 million traders worldwide, the company offers an expansive range of trade types and boasts over 200 assets across popular markets on its award-winning, intuitive trading platforms. With a workforce of more than 1,400 people globally, Deriv has cultivated an environment that celebrates achievements, encourages professional growth, and fosters talent development, which is reflected in its Platinum accreditation by Investors in People.

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A Deriv promove Rakshit Choudhary de COO para co-CEO

Rakshit Choudhary foi promovido a co-CEO da Deriv

A Deriv promove Rakshit Choudhary de COO para co-CEO

  • Rakshit Choudhary foi promovido a co-CEO, juntando-se ao fundador e CEO Jean-Yves Sireau
  • A Deriv atualiza o seu modelo de liderança enquanto se prepara para celebrar o 25º aniversário

Rakshit Choudhary, co-CEO of Deriv

Rakshit Choudhary, co-CEO da Deriv

CYBERJAYA, Malaysia, April 26, 2024 (GLOBE NEWSWIRE) — Num passo significativo para a empresa de negociação online, prestes a celebrar o seu 25º aniversário, a Deriv anunciou que Rakshit Choudhary foi promovido de Diretor de Operações (COO) a Co-Diretor Executivo (co-CEO). O modelo de co-CEO irá capitalizar sobre as diferentes qualidades e perspetivas diversificadas de ambos os líderes.

A adoção deste modelo de colaboração não se resume apenas a um movimento estratégico para a Deriv. Permite à organização incorporar diversos pontos de vista e trabalho de equipa na tomada de decisões críticas para manter a agilidade do negócio. Esta estrutura de liderança dupla também estabelece um ambiente onde o respeito mútuo e a partilha de responsabilidades são práticas habituais que equilibram a autonomia individual com uma visão coletiva.

Jean-Yves Sireau, Fundador e co-CEO da Deriv, declarou: “Rakshit é um líder excecional que possui um vasto conhecimento sobre as operações da Deriv, portanto, a sua nomeação como co-CEO é um passo natural para nós. É semelhante à sinergia observada quando dois programadores colaboram lado a lado num único computador — resultando numa tomada de decisões mais eficaz e num melhor alinhamento de objetivos.”

“O facto de a Deriv comemorar 25 anos é um momento de reflexão. Ao atualizarmos o nosso modelo de liderança, colocamo-nos numa posição vantajosa para enfrentar a próxima fase do negócio da Deriv, que se concentra na expansão global e numa maior interação com diversos mercados. Esta estratégia de liderança colaborativa contribui para manter a Deriv inovadora e comprometida em oferecer um serviço ao cliente excelente e em estabelecer parcerias sólidas.”

Choudhary concluiu o seu mestrado no Georgia Institute of Technology e ingressou na Deriv em 2009 como Analista Quantitativo. Mais tarde, assumiu o papel de Responsável pelo Desenvolvimento Quantitativo e de Investigação. Avançou na empresa para liderar o Desenvolvimento de Produtos antes de ser promovido a COO em 2018.

Rakshit Choudhary partilhou as suas reflexões sobre o seu novo cargo: “Tive a sorte de fazer parte do incrível crescimento e evolução da Deriv nos últimos 14 anos, sendo testemunha direta da sua missão em tornar a negociação acessível a qualquer pessoa, em qualquer lugar. No centro disso está o compromisso contínuo para com a inovação, segurança e acessibilidade. Estou entusiasmado por contribuir para a expansão global dos negócios da Deriv, ao lado de Jean-Yves, enquanto levamos a empresa para outros 25 anos de sucesso.”

A Deriv também adotou o modelo de co-CFO, no qual Jennice Lourdsamy, anteriormente Responsável pelas Contas e Pagamentos, assumiu uma posição de liderança conjunta como co-CFO, ao lado de Louise Wolf, a atual CFO. A mentalidade de co-liderança não termina nos cargos executivos. É praticada em todos os níveis da empresa, em conformidade com os valores fundamentais da empresa de integridade, competência, orientação para o cliente e trabalho de equipa.

A Deriv mantém-se fiel aos seus princípios de liderança de excelência, caracterizados por uma visão clara, abordagens orientadas para resultados, aprendizagem contínua e uma inclinação para a ação. Estes princípios são integrados nas atividades diárias, sendo fundamentais para alcançar a missão da Deriv de tornar as soluções avançadas de negociação acessíveis em todo o mundo.

Sobre a Deriv

Ao longo de 25 anos, a Deriv manteve um compromisso firme de tornar a negociação online acessível a qualquer pessoa, em qualquer lugar. Com a confiança de mais de 2,5 milhões de traders em todo o mundo, a empresa oferece uma ampla variedade de tipos de negociação e disponibiliza mais de 200 ativos em mercados populares nas suas plataformas de negociação premiadas e intuitivas. Com uma força de trabalho de mais de 1.300 pessoas em todo o mundo, a Deriv tem cultivado um ambiente que celebra conquistas, incentiva o crescimento profissional e promove o desenvolvimento de talentos, o que é refletido na sua acreditação Platinum pela Investors in People.

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You are a pillar of support to us, NAHCON tells Uzodinma


The National Hajj Commission of Nigeria (NAHCON), has described Gov. Hope Uzodinma of Imo as its ‘pillar of support’.

Its Executive Chairman, Malam Jalal Arabi, stated this when he received Uzodinma on a courtesy visit to the Muslims pilgrimage office on Thursday in Abuja.

Arabi, who expressed delight at hosting the governor, commended his interventions toward ensuring that intending pilgrims from Imo participated in this year’s pilgrimage.

‘You have been a pillar of support to us in the commission through your support that ensured the participation of Imo pilgrims in this year’s exercise.

‘You supported us in 2023 and did same this year in spite of the fact that you are a Christian and governor of a predominantly Christian State.

‘For us, you’re a symbol of peaceful religious co-existence and unity in the country,’ he said.

The NAHCON boss presented a letter of commendation to Uzodinma and an award of excellence for his support and promotion of peaceful religious co-existence and unity.

Responding, U
zodinma expressed sincere appreciation for the honour shown him.

He restated his firm belief in peaceful inter-faith co-existence to promote development and prosperity in Imo and the country as a whole.

Uzodinma was one of the governors that subsidised the 2024 Hajj fare which enabled intending pilgrims from his state to participate in this year’s Muslim pilgrimage.

Source: News Agency of Nigeria

FCT: Chinese coy renovate, donates learning materials to enhance education


The China Road and Bridge Corporation (CRBC) with support of the Chinese Embassy in Nigeria, renovated and donated learning materials to China-Assisted Model Primary School Nyanya, Abuja.

The News Agency of Nigeria (NAN) reports that the distribution of the learning materials was done at the inauguration of the upgraded primary school in Abuja.

Mr Zhou Hao, Managing Director, CRBC Nigeria, whole handing over the materials to the school, said that the items would promote and strengthen education in Nigeria.

Hao emphasised the need for a better learning environment for teachers and students as education was important.

He added that among peoples of different continents, there was a common ground that transcends ethnicity and nationality which is children, who fill the world with hope and brightness.

‘ Children represent the future’s expectations and aspirations, and they rightfully deserve a better life.

‘ We believe that improving children’s educational conditions and environments is a shared goal among
people from all sectors both China and Nigeria.

‘ Thus, as a Chinese company operating in Nigeria, we are very eager and honored to contribute our part to the educational efforts in Nigeria,’ he said.

He noted that looking at the developmental needs of the Nigerian government and people; CRBC was committed to serving the socio-economic development and improved the livelihood of Nigerians.

‘ With nearly 10 projects being implemented in Nigeria, covering areas such as roads, railways, flood control, terminals, and chemical industries,

‘ We will fully utilise our own resources to continuously promote the development of infrastructure and boost economic in Nigeria through our actions,’ he said.

Earlier, Mr Zhang Yi, Chargé d’affaires of the Chinese Embassy in Nigeria said that CRBC among others are actively fulfilling their social responsibilities by giving back to the local people.

Zhang said the company does this while carrying out production and operation activities in Nigeria.

‘After learning about the
aging of some of the school’s office desks and chairs, classroom, blackboards and bathroom facilities, CRBC took the initiative to ask the Chinese Embassy for instructions.

‘ They expressed their willingness to undertake the repairs of the school and provide learning materials for students so as to provide a better learning environment for all,” he said.

Also, Dr Alhassan Sule, Executive Chairman, Education Bureau of the Federal Capital Territory (FCT) commended Chinese Government for their continuous support towards improving the quality of education in the country.

He reiterated Nigeria’s commitment towards strengthening bilateral relations between the two countries.

On his part, Mrs Dada Galadima, the acting Headmistress of the school expressed gratitude to CRBC and the embassy for their unrelenting efforts to contribute to the growth and development of students.

NAN reports that the learning materials includes notebooks, pencils, erasers, rulers, sports equipment, desks, chairs among others.

Sourc
e: News Agency of Nigeria

Mangroves, best carbon storage to mitigate climate change


Prof. Nenibarini Zabbey, Project Coordinator, Hydrocarbon Pollution Remediation Project (HYPREP), says Mangroves are best sequesters of carbon which mitigate climate change.

Zabbey spoke with newsmen on Friday in Abuja while showcasing HYPREP’s efforts in combating climate change in the country.

According to him, mangrove system is crucial in addressing climate change.

‘Our mangrove restoration project is the world’s largest in an oil degraded environment; we have environment vanguards provided with catalytic funds to plant mangrove seedlings.”

He said that the mangrove system of restoring spillage areas was the best globally and five times better than tropical rainforest.

‘HYPREP is committed to enhancing the capacity of the local people; we build the capacity of the local people which we refer to as environment vanguards.’

Zabbey said that the cleaning up of Ogoni land comprised 2000 hectares of both the medium risk site and a complex high risk site oil degraded area.

He said there was a pilot proj
ect of 560 hectares in which the community people was fully involved in planting more mangroves.

‘As part of our broad livelihood programme at the moment, we have also trained no fewer than 5,000 youth and women because we want to create a sustainable livelihood for them.

‘We are at the same time, restoring the environment in order to resuscitate the traditional livelihoods of the people which is basically fishing and farming,’ he said.

Source: News Agency of Nigeria

Group urges FG to integrate Hepatitis B testing into antenatal services


Dr Danjuma Adda, the immediate past President of the World Hepatitis Alliance (WHA), has called on the Federal Government to incorporate hepatitis B testing into antenatal, maternal, and child healthcare services.

Adda made this plea on Friday during an interview with the News Agency of Nigeria (NAN) on the sidelines of the 2024 Biennial Conference organised by the National Council for Women Societies (NCWS) in Abuja.

He stressed the importance of Nigeria investing in and integrating hepatitis B testing into antenatal, maternal, and child healthcare, as recommended by the World Health Organisation (WHO), to bolster the country’s health system and immunisation program.

According to him, currently, hepatitis B tests are not part of maternal and child healthcare programs.

Adda, who lost his mother to hepatitis, emphasised the necessity for the government to include hepatitis B surface antigen testing in antenatal care and maternal child health programs, ensuring that all women undergo testing.

He asserted
that hepatitis B is preventable with the right vaccine, highlighting two key measures to reduce liver cancer deaths.

‘Liver cancer often develops among those infected early, especially in childhood.

‘Other factors contributing to liver cancer include aflatoxin exposure, alcohol consumption, and herbal medication misuse.

‘Pregnant women, according to WHO recommendations, should undergo screening for hepatitis, enabling early identification and intervention.

‘If a woman tests positive, she should receive prophylactic prevention treatment until delivery. Additionally, all newborns should receive universal vaccination’.

Adda emphasised the importance of attending antenatal care for hepatitis screening and vaccination opportunities.

He urged pregnant women to advocate for themselves and demand hepatitis B testing during antenatal visits.

Furthermore, Adda encouraged pregnant mothers to request ‘back dose vaccination’ for their newborns within 24 hours of birth, noting its potential to protect infants from h
epatitis infection.

‘Hepatitis virus is the primary cause of liver cancer, particularly in Sub-Saharan Africa. Early detection through testing and prompt treatment is crucial in preventing its spread’.(NAN)

Source: News Agency of Nigeria

Tourism: Envoy canvasses creation of visa free policy for Africans


The Rwandan Ambassador to Nigeria, Mr Christophe Bazivamo, has called on African leaders to unanimously create a visa free policy to guarantee seamless travels and boost tourism within the region.

Bazivamo made the call during the 48th Annual General Meeting of the National Association of Nigerian Travel Agencies (NANTA), held on Thursday in Lagos.

According to him, Rwanda has implemented a visa free policy and has been able to boost its economy through this.

He said due to the nation’s visa free tourism policy, Rwanda’s MICE industry (Meetings, Incentives, Conferences and Exhibitions) recorded a significant growth of 48 per cent in two years, from 2022 to 2023.

‘Africa is full of breathtaking natural tourism sites but in spite of such vast assets, the economy is not as vibrant as it should be.

‘We need a visa free Africa to facilitate investment, trade and tourism within the region.

‘In Rwanda, our visa free tourism policy has boosted our economy. As Africans, we should not be bothered about security
issues, we have the population and the resources to unlock our economic potential.

‘MICE industry in Rwanda has risen by 48 per cent in the last 2 years due to our visa free tourism policy. This can be replicated across the region,’ he said.

Also, Mr Ikechi Uko, a tourism development expert, said it was high time Africans took advantage of their huge population to grow their economy by opening the borders within the region.

According to Uko, trade will be impossible without travels and the major factor to facilitate seamless travels is to have open skies across Africa.

Mr Nkereuwem Onung, National President of the Federation of Tourism Associations of Nigeria (FTAN), said: ‘by promoting travel within the continent, we pave the way for deeper cultural exchanges, stronger business collaborations, and increased investment flows.

‘Let us envision a future where Nigeria can work hand in hand with other countries to create a seamless and interconnected travel experience.

‘The potential benefits are immense. I
ncreased tourism will not only lead to job creation and economic growth but will also foster a sense of unity and understanding among us as a nation.

‘It is through travel and tourism that we can truly appreciate and celebrate our common heritage.’ (NAN) (nannews.ng)

Source: News Agency of Nigeria

ACReSAL project: Minister lauds World Bank’ $2m disbursement to FCT


The Minister of State, Federal Capital Territory (FCT), Dr Mariya Mahmoud, has commended the World Bank for disbursing 2 million dollars to the FCT.

The fund is for the implementation of the World Bank-supported Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) project in the territory.

Mahmoud gave the commendation when the World Bank ACReSAL project Task Team Lead, Dr Joy Agene, visited her in Abuja on Friday.

She said that the partnership with the World Bank would foster environmental sustainability and agricultural prosperity for residents of the FCT under the ACReSAL project.

She said that the project aligned with the ‘Renewed Hope’ agenda of President Bola Tinubu, particularly in addressing environmental degradation and the impact of climate change.

The minister said that Abuja, as Nigeria’s capital city in the past 48 years, had lost its tree covers and land degradation due to physical developmental projects.

According to her, part of the goals of the ACReSAL project is to restore the l
ost trees through afforestation and other climate change adaptation activities.

‘We will do all that is possible for ACReSAL project to be sustained, maintained, and achieved by God’s grace.

‘We will try and provide all that is necessary from our own side. All the requirements necessary to take FCT to the next level will be done to access the entire 10 million dollars.’

Earlier, Agene said that the visit was to brief the minister on the performance of the project so far in the FCT.

Agene added that the visit was also to thank the minister for her support and solicit for more, to ensure the success of the project in FCT.

She said that so far, the World Bank had disbursed about 2 million dollars to the FCT.

She explained that ACReSAL,being a community-based project, was designed to enable communities to access the fund through a community revolving fund.

The task team lead commended the FCT for the formation of 250 community interest groups (CIGs,) through which the fund would be disbursed.

She said tha
t the CIGs would be trained on how to access and utilise the funds.

She explained that each benefiting community would access 25,000 dollars to carry out afforestation, irrigation, and some climate change adaptation activities.

‘The project is here to help communities to adapt to the shock that will come from climate change and to do that, one of the approaches is this revolving fund where communities will get about 25,000 dollars each.

‘Beyond that, we have some investment in gully erosion, flood control and large afforestation at the FCT and we will need your support to do this,’ she told the minister.

Agene also said that the visit was equally to infirm the minister what the FCT Administration needed to do to access more funding amounting to about 10 million dollars.

She identified the conditions as project design, environmental and social instrument, and catchment management plan.

‘Once these three instruments are in place, be assured that the 10 million dollars will be sent to the FCT under the pro
ject.

‘However, there is no way the FCT team can do this without your support and frequent checking and monitoring,’ she added.

Mr Lawan Geidam, Mandate Secretary, Agriculture and Rural Development Secretariat, FCTA, said that a robust framework had been established to ensure the success of the project.

Geidam, who is also the Chairman of the Technical Committee, assured the World Bank team of active community participation in the implementation of the project.

‘Also, the construction of boreholes in various communities, land restoration initiative, knowledge building programmes and the planned provision of critical agricultural inputs to farmers will improve the livelihood of our communities,’ he said.

The National Coordinator of the project, Mr Abdulhamid Umar, explained that the project was being implemented in 19 states and the FCT, to tackle the challenge of landscape degradation and promote effective watershed management. (NAN)

Source: News Agency of Nigeria

FG to create 2.5m jobs through LEEP


The Federal Government says it plans to create 2.5 million jobs through the Labour Employment Enhancement Programme (LEEP) of the Ministry of Labour and Employment.

Mrs Nkeiruka Onyejeocha, the Minister of State for Labour and Employment, said this at the pre-inauguration ceremony for the LEEP in Abuja.

She said that the programme was aimed at actualising President Bola Tinubu’s Renewed Hope Initiative.

”The LEEP vision is to train and equip 2.5 million people.

‘In Nigeria, youth unemployment remains a pressing issue, with over 13 million young people currently unemployed.

‘According to recent statistics, initiatives like LEEP play a crucial role in providing young people with access to training, employment opportunities, and entrepreneurial support.

‘This will address the challenge of youth unemployment and promote social inclusion.

”The initiative is a comprehensive strategy aimed at addressing key challenges facing our workforce such as job creation, skills development, and migration control,” s
he said.

She said that in a rapidly evolving global landscape, it was imperative to ensure that the Nigerian workforce was equipped with the necessary tools and opportunities to thrive in the digital age.

She said that the LEEP targeted zero hunger, zero poverty economic growth and decent jobs through six strategic initiatives.

She said this included digital skills initiative, vocational entrepreneurship skills programmes, infrastructure upgrade and NELEX upgrade for employment acceleration.

Onyejeocha said that others were global remote work initiatives and labour compliance enhancement.

She urged development partners such as the World Bank, GIZ, the European Union, UNIDO and the Bank of Industry to support the drive.

She said that the support was imperative for the current administration to mitigate the hardship being faced by Nigerians due to the removal of fuel subsidy.

‘We cannot do it alone and so we need to partner with you to help us succeed in the country,’ she said.

Ms Luri Aganetto, the EU
Programme Manager, pledges the readiness of the union to support the initiative for the good of the Nigerian people.

‘We are optimistic and looking forward to cooperate with the Nigerian government on Labour market information system,’ she said. (NAN)

Source: News Agency of Nigeria

Yahaya Bello: APC chieftains task EFCC on due process


Chieftains of the ruling All Progressives Congress (APC) have tasked the Economic and Financial Crimes Commission (EFCC) on ensuring due process in its dealings with financial crime suspects.

Mr Jesutega Onokpasa, a lawyer and Head of the Tinubu Media Support Group, made the call at a news conference on behalf of concerned APC chieftains on Friday, in Abuja.

Onokpasa was reacting to the alleged financial misappropriation by former Gov. Yahaya Bello of Kogi

According to him, EFCC should have formally invited him for questioning with documented evidence rather than inviting him through a telephone call.

‘We concerned chieftains, stalwarts and stakeholders of the ruling APC find certain pertinent issues emanating from the matter between former governor Bello of Kogi and the EFCC.

‘The development is quite unfortunate, most disturbing and totally unacceptable in a nation governed by laws.

‘Indeed, an unbiased assessment of the goings-on in this matter profusely showcases grounds for strong suspicion,’ he
said.

While admitting that the EFCC was an institution respected and looked up to in the country’s fight against corruption, he said it should at all times ensure it followed due process.

He stressed the need for all Nigerians, irrespective of positions, to follow the law to avoid anarchy and a lawless society.

‘There is a procedure in law for inviting a person of interest, which is by a formal written letter to invite such persons, which could be followed by a telephone call.

‘In this case, the former Kogi governor was not formally invited in writing, so he can also have a proper document to serve as his evidence.

‘By the way, this highly irregular and unorthodox offer was made not via a proper invitation in the contemplation of law but through the most irregular route of a mere phone call, according to the EFCC chairman.

‘The rule of law must always prevail because without the law, we would not have a society and without courts, we would not have a civilisation,’ Onakpasa said.

According to him, the
EFCC boss only indicted himself, when he said at a recent news conference that Bello was invited through a telephone call for questioning.

He also said the commission had no fact to substantiate its claims that the sitting Kogi Gov. Ahmed Usman assisted his predecessor from escaping from its custody.

The APC chieftain said it was embarrassing to accuse a sitting governor of such, describing the claim as absurd.

‘I can assure you that President Bola Tinubu is hell bent on fighting corruption, we must all respect him and key into the struggle.

‘The president is a stickler, and a die-hard fanatic of the rule of law and government institutions should not be a willing tool to sabotage his efforts.

‘We must protect our institutions from abuse and our government from ridicule. Also, corruption must not be condoned by anyone,” he said.

Source: News Agency of Nigeria

First Lady, others advocate more investment in women


The First Lady, Mrs Oluremi Tinubu, and some stakeholders have called for more strategies and investment in accelerating women’s progress for the development of the country.

They made the call at the 2024 Biennial Convention organised by the National Council of Women Societies (NCWS) on Thursday in Abuja.

The News Agency of Nigeria (NAN) reports that the convention has ‘Invest in Women: Accelerate Progress’ as its theme.

Represented by Mrs Chioma Hope-Uzodinma, wife of Imo Governor, the first lady said the convention was a call to action as it underscores the vital role women play in driving progress and developments in the society.

She explained it was also an opportunity to look inwards, discuss and strategise on ways to further advance the goals of women in the country.

She added that ‘when we invest in women, we invest in the future of our nation. When women are given the right opportunities, they contribute effectively to economic growth, social stability and sustainable development.

‘I, therefore
, call on the private sector, development partners and individuals to support what government is doing and we redouble efforts in investing in women.

‘As women and mothers, we must continue to preach peace, unity, love and prosperity. We must pray for our nation and encourage our children to be law abiding.

‘Women must also strongly resolve to work together to support and help one another.’

The Minister of Women Affairs, Mrs Uju Kennedy-Ohanenye, urged women to participate in government programmes aimed at alleviating poverty and improving their economic status.

Kennedy-Ohanenye said the newly inaugurated E-market portal would unlock market barriers and enable Nigerian women to access more funding opportunities and empowerment initiatives to raise their standard.

On her part, the National President of NCWS, Mrs Lami Adamu-Lau, said ‘the convention is to highlight the council’s contributions toward the advancement of women’s rights in Nigeria and to emphasise the need for more investment in women.

‘Women
stand as pillars of strength, resilience, and innovation, yet they continue to face barriers that hinder their progress.

‘This is why it is imperative that we invest in women, their education, their health, their economic empowerment, and their leadership.’

Also, Mrs Pauline Tallen, former Minister of Women Affairs, said ‘the surest way for Nigeria to get it right is by investing more in women because women nurture the family and every development starts from the home.

‘If we have better families, we will have better societies, communities and a better nation,’ she said.

Dr Goodness Chidi, the Programme Manager, Civil Society Scaling Up Nutrition in Nigeria (CS-SUNN), also stressed the need to invest in women to achieve optimal nutrition security for citizens.

Former NCWS National President, Mrs Ekemi Okemini, urged the government to implement the 35 per cent affirmative action to enable women to participate in both elective and appointed government positions.

NAN reports that other events of the day we
re the conferment of awards to 30 notable Nigerians for their support toward women’s progress, addressing Gender Based Violence (GBV), among others.

Some award recipients include the First Lady, Sen. Oluremi Tinubu, Mr Boss Mustapha, former Secretary to the Government of the Federation (SGF), and some state governor’s wives.

Source: News Agency of Nigeria

Suleja Jailbreak: NGO urges FG to decongest custodial centres nationwide


The Hope Behind Bars Africa, a Non Governmental Organisation (NGO), has urged the Federal Government to speed up the decongestion of custodial centres nationwide.

The Senior Communications Manager of the NGO, Mr Obinna Ejiogu, said in a statement on Thursday in Abuja, that the government should also urgently address the physical state of the custodial centres.

The News Agency of Nigeria (NAN) reports that 119 inmates escaped from Suleja Custodial Centre in Niger following a rainstorm that destroyed the facility on Wednesday night.

‘The jailbreak underscores the effects of deteriorating structures of the Custodial Centres of the Nigeria Correctional Service, many of which were built in the colonial era and are now old and weak.

‘The inadequate maintenance of these buildings, combined with overcrowding of the prisons is what contributes to a high likelihood of jailbreak.

‘We call on the Government of Nigeria to do everything within its means to address the physical state of our custodial centres and to sp
eed up efforts to reduce overcrowding.

‘We also call on the public to pay more interest to issues concerning corrections in Nigeria, as they affect everyone’s safety,’ he said.

Ejiogu added that jailbreak have far reaching consequences on the society, as it increased the threat to security, safety and public health of the people.

He said that the sad news was of particular concern to the Hope Behind Bars Africa, as the organisation had made extensive rehabilitation and reformation efforts at the Suleja facility.

Ejiogu said the intervention included the inauguration of a renovated skills centre for women in the month of March, as part of the organisation’s ‘Inside Out Hub’ project.

Source: News Agency of Nigeria

Ensure improved access to quality maternal healthcare, expert urges govts


A Professor of Obstetrics and Gynaecology, Prof. Bosede Afolabi, has appealed to the Federal Government and states to ensure more equitable access to quality maternal healthcare, especially for marginalised women.

Afolabi made the appeal during the fourth Safer Hands Initiative (SHI) Maternal Health Summit held in commemoration of International Day For Maternal Health And Right (IDMH), on Thursday in Lagos.

Afolabi, the Head of Department, Obstetrics and Gynaecology at the College of Medicine, Lagos University Teaching Hospital, spoke on the theme, ‘The Current State of Maternal Health in Nigeria: Socioeconomic Determinants and Implications’.

Afolabi said that healthcare access and affordability remains a major challenge for many Nigerians, especially those with low incomes and marginalised groups.

She said that the government must strengthen the nation’s health system to ensure unhindered access to facilities and healthcare professionals.

She also urged the government to expand access to health coverag
e through improved funding and robust health insurance that would enable lower costs for care, treatment and enhance quality healthcare services.

According to her, the government must ensure that policies are aligned and set goals.

She said that intersectoral coordination between health, education and environment was critical to achieving these goals.

She lamented that Africa has the highest maternal mortality ratio estimated at 546 deaths per 100,000 live births in 2020.

‘Nigeria has the highest number of maternal deaths, its maternal mortality ratio increased by 14 per cent (from 917 to 1047) between 2017 and 2020.’

Afolabi emphasised that understanding the key drivers was crucial to reduce avoidable maternal deaths which include: health system failures, social determinants, harmful gender norms, biases and inequalities; and external factors.

‘Having unhindered access to comprehensive reproductive healthcare will increase women’s chances of survival during pregnancy.

‘It will give them the opportunit
y of having healthy children and enable them to have a balanced family, work life and in turn improve the economy of Nigeria,’ she said.

Also speaking, Dr Roland Ojo, founder of SHI, said the initiative started in response to the lingering maternal and child health issues occurring in Nigeria viz reduced access to maternal and child health services, lack of skilled attendants during childbirth.

According to Ojo, the Safer Hands project also educates and empowers frontline rural healthcare providers, majorly the Traditional Birth Attendants (TBAs), on important actions to ensure good pregnancy outcomes and reduction in the high rates of maternal and child mortality.

He said SHI had initiated and partnered in several goal driven projects and interventions aimed at ensuring increased access, information and capacity building toward bridging the deficits in maternal and child health services across Nigeria.

He said it was also to achieve sustainable development on health ‘locally’.

‘Today, we are proud of ou
r impact across board and we believe more is still to be done moving forward,’ he said.

Similarly, Dr Oluwakemisola Agoyi, Programme Manager, SHI, said the event was held to help improve maternal healthcare services and delivery in Nigeria and Africa.

Agoyi expressed optimism that the impact of the summit would be long lasting, adding that the actions taken from the conference will be documented and disseminated. (NAN)

Source: News Agency of Nigeria

Tax board rallies staff on collaboration for positive image


The Joint Tax Board (JTB) has urged its members of staff to effectively collaborate with relevant agencies to positively project the image of the board.

The Secretary of the JTB, Mr Olusegun Adesokan, made this call at a Strategic Retreat organised by the board in Abuja.

The theme of the retreat is: ‘Encouraging a Culture of Collaboration, Innovation and Adaptation to Respond to Emerging Challenges while Positively Projecting the Image of the JTB.”

He said that the theme provided the underlying inspiration behind the various topics, adding that the outcome of the exercise would meet the objectives and goals earmarked for it.

According to him, it is essential for the JTB secretariat staff to imbibe the culture of collaboration and innovation to enable them to fully understand their roles under the emerging dispensation.

‘The dynamics of our domestic tax ecosystem is currently being influenced by ongoing reforms.

‘At this critical point, it is imperative that the JTB, given its crucial role in the natio
n’s tax administration landscape, is positioned to fully utilise the opportunities that will present themselves.

‘We look forward to an engaging and inspiring session that will motivate the staff of the JTB to be the drivers of positive change.

‘The board will hold that banner of a sustainable, inclusive and friendly tax environment in the country,’ he said.

The former Chairman of the board, Mrs Ifueko Okauru, said that strong collaboration was vital towards strengthening and achieving the goal of the board.

Okauru urged the members of staff to ensure strong communication, adding that such communication would support the board to build a stronger trust to enhance service delivery.

She also advised the board to consistently focus on effective processing to provide decisions that would transform revenue and enhance economic growth of the country.

Mr Collins Umenwosu, Tax Administration and Compliance Officer, JTB, who spoke on behalf of the staff, said that the retreat would support the board to achieve i
ts objectives.

Umenwosu thanked the management of the JTB for the opportunity given to them to participate in the retreat.

He added that the efforts would help the members of staff to know how to address challenges, strengthen and advance the board.

Source: News Agency of Nigeria