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Media Sustainability/Professionalism: NGE To Launch Trust Fund

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In line with the resolution of the All Nigeria Editors Conference (ANEC), recently held in Uyo, Akwa Ibom State, the Nigerian Guild of Editors (NGE) plans to launch Nigerian Editors Trust Fund, which is designed to address the professional/welfare needs of media houses and editors in Nigeria.

At the ANEC in Akwa Ibom State, publishers, media executives and editors harped on the urgent need by the Guild to initiate strategic move that will focus on the professional/welfare needs of media houses and editors in Nigeria – as part of several efforts to help them to continue to discharge their constitutional and social responsibility to the society without necessarily compromising their ethical standards.

In a statement issued on Monday by the President of the NGE, Mr Eze Anaba and the General Secretary, Dr Iyobosa Uwugiaren, the professional body of editors and media executives, stated that the initiative is a response to the increasing professional/welfare challenges faced by the highest echelon of Nigerian journalists in performing their duties.

‘’The trust fund, which is expected to be launched in the first quarters of 2024, will also address the daunting economic challenges that the media executives and editors are faced with during and after office. The fund will benefit the Guild’s members in the print, electronic and online media.

‘’The trust fund will be a collaborative effort among all the stakeholders in the media sector, including the public sector – aimed at addressing key challenges that affect the professionals, who are the ultimate gatekeepers in their media organisations’’, the Guild added.

The Guild, at its annual conference in Uyo, Akwa Ibom State recently, set up a committee headed by its Vice-President (East), Mr. Sheddy Ozoene, to liaise with media stakeholders and coordinate the launching of the outfit in the first quarter of next year.

According to the statement, ‘’The trust fund will create the much-desired impact in the journalism profession in the country as the editors and media executives will be exposed to empowerment programms and innovations in the media industry, retraining and networking opportunities with colleagues from around the world.’’

The Guild added that the trust fund, which will be managed by trustees made up of eminent personalities from within and outside the media, will be a fallback cushion for media executives and editors in critical situations, and a source of addressing their welfare needs as well as funding for key media projects that will impact Nigeria’s democracy, good governance and national development.

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147 Lagos Structures to Face Impact From Coastal Highway

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President Bola Tinubu says 147 structures in Lagos will be affected by the construction of a service lane along the Lagos-Calabar Coastal Highway.

Five of the structures are expected to face full demolition, while the remaining 142 will experience minimal impact.

Tinubu disclosed this Sunday at a stakeholder engagement in Lagos, where he also flagged off repairs of the Eko and Marine bridges and a flooded section of the Lagos-Ibadan Expressway.

Represented by Lagos Gov. Babajide Sanwo-Olu, the president assured affected property owners that they would receive compensation where necessary.

Tinubu said the stakeholder engagement was designed to secure public support and ensure the effective implementation of the projects.

He described the Eko Bridge as one of the oldest bridges built after Nigeria’s independence, while noting that the Marine Bridge provides an important link to Lagos seaports.

The president urged Lagos residents and other stakeholders to support infrastructure projects designed to improve transportation and economic activity.

The figure of 147 affected structures was presented by a representative of the AEC consortium during the engagement.

Some of the affected residents and stakeholders asked some questions on areas of compensation and impact.

Tinubu said the Federal Government remains open to constructive criticism but urged stakeholders to support projects that are properly executed.

He said the projects are intended to deliver infrastructure that will serve Lagos residents and Nigerians for generations.

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Tinubu Flags Off Eko, Marine Bridge Repairs

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President Bola Tinubu has flagged off repairs of the Eko and Marine bridges in Lagos, as part of Federal Government efforts to improve critical infrastructure and ease traffic along the Lagos corridor.

Tinubu, represented by Lagos Gov. Babajide Sanwo-Olu, spoke Sunday at a stakeholder engagement on the Lagos-Calabar Coastal Highway.

Sanwo-Olu said the president remains committed to infrastructure development, security and job creation under the Renewed Hope Agenda.

The governor also said more than 200 kilometers of the Lagos-Calabar Coastal Highway had been constructed across various sections within two years.

He said additional slip roads and improved drainage links to the Lagos Lagoon would be introduced to ease movement and reduce flooding.

Works Minister David Umahi, meanwhile, condemned the vandalism of public infrastructure, describing it as “devilish,” “wicked” and unacceptable.

Umahi urged Nigerians to protect government assets, warning that vandalism could undermine the benefits of major infrastructure projects.

His comments followed the recent vandalism of sections of the newly constructed Festac-Alakija Bridge. Lagos authorities have arrested 27 suspects over the incident.

Umahi also ordered a crackdown on unauthorized activities along the Lagos-Calabar Coastal Highway, directing officials to stop motorcycles, tricycles, hawkers and loitering on the route.

The minister also called for stronger security around strategic infrastructure.

The 750-kilometer, 10-lane Lagos-Calabar Coastal Highway is designed to connect Lagos with Cross River through seven coastal states, with the Federal Government expecting it to improve transportation and boost economic activity

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ICPC: Adeyemi’s fake letter not from Presidency

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed that Adeniyi Adeyemi Mathew was never appointed by the Federal Government and that the so-called Presidential Foreign Investment Promotion Council (PFIPC) was a fictitious entity.

Speaking at a press conference in Abuja on Saturday, ICPC Chairman Dr. Musa Adamu Aliyu, SAN, disclosed the findings of the agency’s 30-day probe ordered by President Bola Tinubu on 7 July 2026.

“Recall the President on 7th July, 2026 gave ICPC 30 days to investigate into the fake Presidential Foreign Investment Promotion Council and today is exactly 30 days. I have just submitted the interim report and briefed Mr. President accordingly,” Aliyu said.

He stated that the President, in the spirit of transparency and accountability, directed him to address the media for the benefit of Nigerians.

According to the interim report:

  • Adeniyi Adeyemi Mathew was never appointed by the Federal Government or any authority of government.
  • The PFIPC was never established by any law, executive order or other valid instrument of government.
  • The appointment letter presented by Adeyemi was completely forged, along with similar documents used to sustain the illegal activities of the fake agency.
  • The PFIPC cannibalised the former Presidential Economic Advisory Council (PEAC) and illegally appropriated offices and instruments of operation.
  • False projection, false representation, widespread impersonation and a range of illegal activities were perpetrated by Adeyemi as the purported Director-General.
  • Weaknesses in verification, inter-agency oversight and government processes were exploited by Adeyemi, with some level of negligence and connivance.
  • No funds of the Federal Government were approved or disbursed to the fake PFIPC/PEAC.

Aliyu emphasised that no weaknesses were found in the systems of the State House or the Central Bank of Nigeria, describing their processes as above board. He specifically noted that the fake appointment letter did not originate from the Presidency.

The ICPC further discovered that Adeyemi created two additional fictitious government agencies — the FCT Investment Promotion Agency (FIFA) and the Foreign Investment Promotion Agency and Public Private Partnership (FIFA-PPP). To facilitate their creation, he forged legislative instruments styled as Enabling Acts, which were used to support the opening of bank accounts.

Among the recommendations in the interim report are that Adeyemi should be fully prosecuted, administrative sanctions should be imposed on public officers whose acts of omission and negligence facilitated the illegal operations, and institutional reforms should be implemented.

Aliyu disclosed that investigations are ongoing into all activities and bank accounts linked to the PFIPC, Adeyemi and his collaborators.

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