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79th UNGA: Alebiosu Reiterates Positive Role of Financial Inclusion in Poverty Eradication

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Alebiosu stressed that poverty, in all its forms, stems from lack of access and resources. He highlighted that finance is the most critical factor in combating poverty in the 21st century. “The easiest way to get out of poverty is access to finance,” he noted.

Some of the important discussion topics during the UN Global Compact Leaders’ Summit according to Alebiosu included innovative financing, sustainable financing, and the impact of artificial intelligence on humanity. He stressed the critical need to develop human resources to tackle the widening economic gap between developed and developing nations. This emphasis on human resource development echoes the United Nations’ focus on sustainable development and equality, particularly in areas such as gender equality, climate action, and living wages.

As a financial expert in Nigeria and Africa, Alebiosu has identified financial inclusion as a key area for FirstBank to address in supporting poverty alleviation under the sustainable development goals. FirstBank considers financial inclusion a central part of its business strategy, resulting in the extension of over N36 billion in loans to women in 2023 and the development of a gender market strategy to strengthen the Bank’s women portfolio. Alebiosu highlighted FirstBank’s extensive Firstmonie agents’ network in Nigeria, which surpassed 232,000 in 2023, with over 55,000 of the agents being women who continue to offer financial services in their communities as a testament to the power of financing in advancing economic interests and promoting economic development.

Concluding, Alebiosu expressed his vision for the future and said “FirstBank will further be entrenched into the fabric of the society, earning a place in the hearts and minds of Nigerians as a Giant advocate for economic development in Nigeria and Africa as a whole.”

The UN Global Compact Leaders’ Summit is an annual day-long conference that empowers private sector leaders to drive sustainable development and advance the 2030 Agenda. The event provides a unique platform for business leaders, UN officials, government leaders, SDG stakeholders, and civil society professionals to converge and explore innovative solutions with actionable insights. This year’s edition began in New York, on Tuesday September 24, 2024.

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Personality in Focus

Ex-Presidential Spokesperson, Doyin Okupe Dies at 71

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Former Presidential Spokesperson, Doyin Okupe has reportedly passed away.

TheNewsGuru reports that the senior adviser to former President Goodluck Jonathan and, recently,  the Director-General of Peter Obi’s 2023 Presidential Campaign died at 71,  after a long struggle with cancer.

In October 2023, Okupe was hospitalized with prostate cancer and was flown to Israel for treatment.

However, it was learnt that his condition did not improve as expected.

Okupe had a history of prostate cancer, first diagnosed 16 years ago, and a later bout with sarcoma in his right shoulder.

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Personality in Focus

POCACOV Lagos Appoints Ayo Ogunsan As Patron

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Following his milestone achievements as Chairman of the Police Campaign Against Cultism and Other Vices (POCACOV), the Chairman/CEO of Executive Group, Dr. Ayo Ogunsan has been officially announced as the Patron of the Police advocacy initiative in Lagos State, National Association of Online Security News Publishers, NAOSNP can report.

The POCACOV is the Nigeria Police Force advocacy initiative to help young people avoid cultism and other vices. It uses advocacy, awareness, and sensitization to help young people avoid vices by conducting community outreaches to schools, inner cities, rural areas, and urban centres. It also helps to rehabilitate and reintegrate those who have been cut in the web of cultism, crimes, and social vices.

It would be recalled that Dr. Ayo Ogunsan took up the Chairmanship job about a year ago and was able to use his grand standing as the Board Member of Lagos State Security Trust Fund (LSSTF), prime supporter of security news beat association National Association of Online Security News Publishers (NAOSNP), and leadership of non-profit initiative, AKEM Foundation to champion his work and various impacting activities in the past one year. This is why POCACOV through its National Coordinator, ACP Olabisi Oluseyi Okuwobi on behalf of the Inspector General of Police announced his official elevation into the role of Patron of POCACOV in Lagos State.

The United Nations POLAC International Peace Advocate, Dr. Ayo Ogunsan expressed his gratitude to the Inspector General of Police, IGP Kayode Egbetokun and the National Coordinator, ACP Okuwobi for the new role and promised to give direction to the new Chairman, Mr. Moses Oladimeji which will lead to improved performance of POCACOV in Lagos.

‘I will keep raiding our communities with love. We will give them food, shelter, etc. Police will do the Police work but I will do the policing of love’, Ogunsan affirmed.

This piece is contributed by Oki Samson 

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Personality in Focus

Tinubu Appoints Ogunjimi As New Accountant General

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President Bola Ahmed Tinubu has appointed Shamsedeen Ogunjimi as the new Accountant General of the Federation after a rigorous selection process.

A statement by Special Adviser to the President (Information & Strategy), Bayo Onanuga said his appointment, approved on Tuesday, takes effect from 7th March 2025, the same day the incumbent Oluwatoyin Madehin will retire.

Ogunjimi, 57, was first named as Madehin’s successor last December.

“A selection committee later chose him through a competitive, rigorous, and merit-based process involving Directors of Accounts in the Federal Civil Service. The committee conducted the process through three stages: a written assessment, an ICT proficiency test, and oral interviews.

“The selection process underscores President Tinubu’s commitment to promoting transparency, excellence, and competence in key public service positions,” the statement read in part.

Ogunjimi graduated from the University of Nigeria, Nsukka, in 1990 with a Bachelor of Science in Accountancy.

He also obtained a Master’s in Accounting and Finance from the University of Lagos.

He is a fellow of the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Taxation of Nigeria.

President Tinubu congratulated Ogunjimi on his appointment, and urged him to discharge his duties in the service with integrity, professionalism, and dedication to Nigeria’s service.

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