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ECOMOF 2024: UBA pledges support to Africa’s economic expansion

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United Bank for Africa (UBA) Plc has reaffirmed its unwavering commitment to spearhead economic growth across the continent through targeted policies aimed at maximising the benefits derived from the mining and oil sectors.

To this end, the bank is poised to collaborate with the Economic Community of West Africa States (ECOWAS) towards implementing strategic initiatives that will not only attract investment but also foster sustainable development into the mining and oil sectors.

The Chief Executive Officer, UBA Africa, Abiola Bawuah, who spoke at the just concluded 4th ECOWAS Mining and Petroleum Forum (ECOMOF 2024) which was held at the Palais des Congrès in Cotonou, Benin Republic, said the bank recognises the pivotal role of the mining and oil sectors in shaping the economic landscape of African nations, and is strategically positioning itself to be at the forefront of this transformation.

“At UBA, we recognise the pivotal role that the mining and oil sectors play in shaping the economic landscape of ECOWAS member states and so, this ECOMOF 2024 Conference has provided us with a strategic platform to reaffirm our commitment to fostering economic growth in the region,” she noted.

According to her, by formulating and advocating investor-friendly policies by the sovereigns and financial intermediation and support provided by UBA, the mining sector would be catalysed and transformed into robust economic pillars contributing substantially to the country’s Gross Domestic Products.

“We believe that through collaborative efforts and sound financial strategies, we can propel the mining and oil industries towards sustainable development, unlocking their full potential for the benefit of the entire region,” she added.

The ECOMOF 2024 conference with the theme “Geo-extractive Resources and Technologies: Pooling Strategies to Create Added Value in West Africa,” saw a large gathering of key players and stakeholders in the mining and petroleum sectors who gathered to brainstorm on the need to transform the mining and oil sectors into economic pillars by formulating attractive policies for investors, essential for the sectors’ substantial contribution to the development of ECOWAS member states.

As a leading African financial institution with presence in 20 African countries, UBA has consistently played a crucial role in driving such discourse around economic growth and supporting major continental development projects.

The Head of Corporate and Energy Bank at UBA, Ebele Ogbue, who was also a panelist during the session, highlighted the pivotal role of National Oil and Gas Companies in advancing the development of the oil and gas industry’s value chain.

He emphasised the significance of good corporate governance in ensuring the sustainable growth of National Oil and Gas Companies and underscored the need for robust collaborations among ECOWAS countries, just as he highlighted the importance of fostering strong regional ties to drive collective prosperity in the oil and gas sector.

He also emphasised how the UBA Group remains dedicated to providing strategic financial solutions that empower National Oil and Gas Companies to navigate the complexities of the industry and drive sustainable development.

With active involvement in major continental development projects and a strong presence across Africa, UBA is positioned as the financial institution of choice for the event. The bank’s commitment to the growth of the mining and petroleum industry in the sub-region is not only evident in its support for ECOMOF but also reflects its dedication to overall African economic development.

United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees’ group wide and serving over 35 million customers globally.

Operating in 20 African countries and in the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology.

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Edo elections: INEC to commence distribution of 373,030 uncollected PVCs

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Over 373,030 uncollected Permanent Voter Cards (PVCs) will be redistributed to the owners from May 27, the Independent National Electoral Commission (INEC) has revealed.

Speaking at a stakeholders’ meeting on the forthcoming Continuous Voter Registration (CVR) exercise, the state Resident Electoral Commissioner (REC), Dr Anugbum Onuoha stated that the PVC collection exercise would be done side-by-side with the CVR exercise, also scheduled for May 27.

Recall that the INEC Chairman, Mahmood Yakubu, had announced to begin the CVR exercise in Edo and Ondo ahead of the governorship elections in the two states.

Onuoha says while the statistics of registered voters in Edo is 2,501,081, collected PVC is 2,128,288 and uncollected PVCs stand at 373,030.

He said both the CVR and the PVC collection would be a 10-day exercise, starting from May 27 to June 5, from 9.00 a.m. to 3.00 p.m. daily, including weekends.

The REC explained that the exercise would be conducted in the 192 wards and the state headquarters of INEC in Edo.

He also disclosed that each registration centre would be managed by two officials drawn from the commission and the National Youth Service Corps (NYSC).

“In addition to the registration of voters, the commission will also make available the uncollected PVCs for collection during CVR.

“Also note that no PVC will be collected by proxy. Registered voters should come in person to collect their cards.

“There will be no pre-registration option because of time constraints,” he said.

Onuoha, however, appealed for the support of the media, Civil Society Organisations (CSOs), traditional rulers and religious leaders in encouraging voters to locate and pick up their PVCs.

According to him, the commission has published the final list of candidates for the Edo governorship election following the conclusion of primaries of the political parties.

The Deputy Director, Voter Registry, INEC Abuja, Mrs Doris Kande-Wyom, who took stakeholders through CVR processes, appealed to them to mobilise prospective registrants for the exercise.

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Gov. Namadi inspects road projects, insists on timely completion

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By Umar Akilu Majeri, Dutse

The Jigawa state governor Malam Umar Namadi  has inspected 26 ongoing road projects across the state and insisted for timely  completion of the work.for the benefit of the public.

The ongoing projects inspected by the governor were mostly rehabilitation and reconstruction of the  roads and bridges damaged by the flooding in the last two years.

Speaking to various contractors, Governor Namadi expressed satisfaction on the quality of the job at the site and urged a speed  work rate for a timely completion.

The Governor told the contractors that Jigawa state is ready to continue patronising any company that demonstrates seriousness and sincerity in handling its work.

“We will not joke about paying your money as soon as you complete the work, however, we will not tolerate or accept any breach of contractual agreement particularly on quality and timely completion in accordance with the specification.”

Governor Namadi assured the Jigawa state people that his government will ensure the completion of all the ongoing road projects, and award new ones to facilitate the movement of goods and services for social and economic development.

While shading more light, the State Commissioner for Works and Transport Engineer Gambo S Malam said, the ongoing road projects have a total distance of 360 kilometers, while in some roads the works included rebuilding the collapsed bridges and provisions of new ones .

He added that so many measures were taken in the reconstruction of the roads and bridges damaged by the flood to prevent such problem In case of any flood in the future..

On their side, the contractors handling various road projects across the 27 local government areas of the state, assured the state governor that they will deliver a quality job and in a good time.

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Makinde appoints Atanda, Ige as Advisory Council member, chairman LG Pension Board

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Oyo State governor, Engr. Seyi Makinde has appointed Chief Adewale Atanda into the Oyo State Advisory Council.

This is just as a former chairman of Ibadan South-East Local Government and former member of the Oyo State House of Assembly, Hon. Akeem Ademola Ige, has been appointed as the chairman of the Oyo State Local Government Staff Pension Board.

A letter signed by the Chief of Staff to the governor, Hon. Segun Ogunwuyi, indicated that the governor has also appointed eight other people into various positions.

The other newly-appointed persons are as follows: Akeem Oladeji- Full-time member, SUBEB; Dr Monsura Mustapha- Full-time member, SUBEB; Mrs Agbejimi Oladoja Rebecca- Part-time member, SUBEB; Oyewo Oluwaseun Oyedele- Part-time member, SUBEB; Dimeji Ladapo- Part-time member, Civil Service Commission; Mrs Funmi Arulogun- Senior Special Assistant, Diaspora; Mrs Adebayo Omolara- Special Assistant, Culture I; Mr Bolanle Seyi- Special Assistant, Culture II.

Congratulating the new appointees, Makinde charged them to discharge their duties with dedication and loyalty to the state.

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