Headlines
Dr. Adenuga Chair: Don Charges FG, Others, to Embrace ‘Everythingprenuership’ to Reduce ‘Japaism’
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A call has gone to government at all levels in Nigeria to support “everythingprenuership ” in the bid to stem the tide of human capital flight otherwise known as “japaism” in the country.
The first occupier of Dr. Mike Adenuga Jr. Professorial Chair in Entrepreneurial Studies, University of Lagos, Professor Sunday Adebisi, made the call at the first special lecture of the Professorial Chair entitled, ‘Revolutionizing the Nigerian Economy to Create Jobs and Sustainable Wealth. The Sole Ladder, The Sole Option, The Sole Platform’ which he delivered at the University of Lagos on Tuesday.
The University don who is also the Director of Entrepreneurship and Skill Development Centre of the institution opined that the deliberate intention to embrace “everythingprenuership” will bring about an appreciable value creation in the country while alleviating deprivation, hunger, unemployment, and “japaism” as it also moves many informal businesses into the formal circle.
According to him, “Government should identify possible innovations in the areas of their strength and motivate the citizens to pursue enterprise opportunities there. The three tiers of Government must make a deliberate effort to support the democratization of innovation and entrepreneurship from the next academic session in all levels of education in Nigeria with a good monitoring team at all levels”.
Furthermore, the academic explained that all the issues happening in and around Nigeria are avenues of opportunities, saying that the citizens, if given direction and supported with well outlined policies, would help the nation to create sustainable wealth.
The Vice Chancellor of the University of Lagos, Professor Folasade Ogunsola, in her speech at the event, lauded Dr. Mike Adenuga for teaming up with the University towards enhancing the frontiers of entrepreneurial academic knowledge and skills acquisition through the Chair.
She noted that the determination of the Board of Trustees of the Adenuga Professorial Chair is gearing the University consistently towards the realization of the shared dream of the donor and the university which is to use the Chair to collectively explore innovative pathways that would not only address economic challenges but also pave way for sustainable and prosperous future for our youths.
On his own part, the Chairman, Board of Trustees of Dr. Adenuga Professorial Chair, Professor Taiwo Osipitan, said the lecture was organised in order to incorporate entrepreneurship issues and subsequently achieve gainful employment for the Nigerian populace.
The Mike Adenuga Professorial Chair in Entrepreneurial Studies was endowed by the business guru and Chairman, Globacom Limited, in 2008 to provoke Entrepreneurship Research and open new frontiers for entrepreneurship knowledge and practice as well as enterprise creation in the nation.
Headlines
Obasa Storms Lagos Assembly with Armed Men, Claims He’s Still Speaker
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Tension escalated at the Lagos State House of Assembly on Thursday as impeached Speaker Mudashiru Obasa made a dramatic return to reclaim his position.
Accompanied by heavily armed men, Obasa stormed the Assembly complex in a bold move that has thrown the State’s legislature into turmoil.
In a stunning turn of events, security details assigned to the substantive Speaker, Rt. Hon. Mojisola Meranda, were abruptly withdrawn on Thursday morning, clearing the path for Obasa’s controversial comeback.
Sources revealed that the Inspector General of Police (IGP) ordered the withdrawal of all security operatives attached to Meranda, leaving her exposed in the midst of an intensifying power struggle.
The Speaker’s Special Adviser on Information, Mr. Victor Ganzallo, expressed concern over the security vacuum created by the withdrawal of personnel.
“In the early hours of Thursday, we woke up to the startling news that all security details assigned to Madam Speaker, Mojisola Meranda, had been withdrawn.
This includes the police and DSS officers, leaving her exposed to threats amid the ongoing speakership crisis,” Ganzallo stated.
He further called on Governor Babajide Sanwo-Olu, as the State’s Chief Security Officer, to intervene urgently to prevent a complete breakdown of law and order within the Assembly.
“The withdrawal of security personnel has left the Assembly naked and vulnerable at a critical time. Urgent action is needed to restore order,” he pleaded.
With the speakership battle taking a dramatic new turn, political watchers are keenly observing how the crisis will unfold in the coming days.
Headlines
Pope Francis Showing ‘Slight Improvement,’ Vatican Confirms
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Pope Francis showed further improvement on Wednesday, the Vatican said, although it cautioned that “the prognosis remains reserved” for the 88-year-old fighting pneumonia.
“The clinical conditions of the Holy Father in the last 24 hours have shown a further, slight improvement,” said the Vatican in its nightly bulletin on the health of the pontiff, who has been in hospital since February 14.
“Although a slight improvement is being recorded, the prognosis remains reserved,” it said.
The Argentine pope was originally admitted to Rome’s Gemelli hospital with breathing difficulties and bronchitis, but his condition subsequently deteriorated, sparking widespread concern among Catholics.
Respiratory attacks he suffered at the weekend that required high levels of oxygen and blood transfusions have not been repeated, according to the Vatican, although he continues to receive oxygen and do breathing exercises.
On Wednesday, the Vatican said a CT scan performed Tuesday showed “normal progression of the pulmonary inflammatory condition” while blood tests on Wednesday confirmed the improvement.
It also said that a mild renal insufficiency detected at the weekend “had resolved.”
As Catholics across the globe pray for Francis, doctors have warned the path to recovery could be long, with the Jesuit pontiff likely staying in hospital beyond this week.
Despite his critical condition, the leader of the world’s nearly 1.4 billion Catholics has kept up with Church matters from his hospital suite, according to the Vatican.
Now on his 13th day in the hospital, the Pope Wednesday was “sitting in a chair, and continuing with the treatment as normal”, a Vatican source said.
The Vatican said he received the Eucharist in the morning and spent his afternoon working.The current hospitalisation is Francis’s fourth and longest.
The pope, who had part of one of his lungs removed as a young man, has suffered increasing health problems in recent years.
He is prone to bronchitis and suffers from hip and knee pain, which has made him reliant on a wheelchair.
Pilgrims and faithful have been flocking to the Vatican and the Gemelli to pray for Francis, with a fresh round of prayers held in St Peter’s Square later Wednesday evening.
Headlines
Trump Vows to Sell ‘Gold Card’ US Visas for $5m
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US President, Donald Trump, has unveiled plans to sell new “gold card” residency permits for a price of $5 million each, saying Russian oligarchs may be eligible.
Trump said sales of the new visa, a high-price version of the traditional green card, would bring in job creators and could be used to reduce the US national deficit.
“We’re going to be selling a gold card. You have a green card, this is a gold card. We’re going to be putting a price on that card of about $5 million,” Trump told reporters in the Oval Office.
The Republican president, who has made the deportation of millions of undocumented migrants a priority of his second term, said the new card would be a route to highly prized US citizenship.
“A lot of people are going to want to be in this country, and they’ll be able to work and provide jobs and build companies,” Trump said.
“It’ll be people with money.”Sales of the cards would start in about two weeks, Trump added.
“We’ll be able to sell maybe a million of these cards. We have it all worked out from a legal standpoint,” Trump added.
The billionaire former real estate tycoon said that all applicants for the new gold cards would be carefully vetted.
But asked if wealthy Russians would also be able to apply, Trump said it is a possibility.
“Possibly. I know some Russian oligarchs that are very nice people. It’s possible,” Trump said.
“They’re not as wealthy as they used to be. I think they can. I think they can afford $5 million.”
A number of Russian oligarchs have been hit by western sanctions since Moscow’s invasion of Ukraine three years ago.
Trump has caused shock in European capitals by suddenly opening negotiations with Russia to end the war, amid fears that he could be willing to sell Ukraine short.
The US president told reporters that lifting sanctions on Russia was possible “at some point” but was not currently on the table.
US Commerce Secretary Howard Lutnick, standing at Trump’s side in the Oval Office, said of the gold cards that “we can use that money to reduce our deficit.”
Trump, who has branded a series of hotels and casinos in a long business career, even suggested the new cards could also be named after him.
“Somebody said, ‘Can we call it the Trump gold card?’ I said, ‘If it helps, use the name Trump,’” he said.
AFP