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Kogi Government pays N600 Million WAEC fees for students

WASSCE CBT for private candidates begins Friday

The Governor of Kogi State, Ahmed Ododo, has approved a substantial allocation of N600 million to cover the 2024/2025 West African Senior School Certificate Examination (WASSCE) fees for 18,734 students in public secondary schools across the state.

This decision is part of the state government’s commitment to support education and relieve financial burdens on families within the state.

The announcement was made by the Kogi State Commissioner for Education, Science, and Technology, Wemi Jones, during a press briefing held in his office on Tuesday. Commissioner Jones highlighted that the state government’s support for WAEC fees aligns with an existing policy that mandates the government to shoulder the cost of all internal and external examinations for students in public schools.

According to him, the law stipulates that every internal and external examination fee for pupils in public primary and secondary schools is to be covered by the government, thereby removing this financial burden from parents and guardians.Jones explained that this initiative is designed to promote educational access and completion.

“We approached His Excellency, the Governor, in accordance with this law, and he graciously approved the payment of WAEC fees for 18,734 students for the 2024/2025 session,” he stated.

This move, according to Jones, underscores the state government’s commitment to ensuring that all students in public secondary schools have the opportunity to complete their education without financial barriers, which could otherwise contribute to the out-of-school phenomenon.

The Commissioner noted that the policy is not just about providing financial relief; it also seeks to ensure that no child is left behind in the state’s educational system.

He emphasized that Kogi State is taking steps to address the challenges of access and affordability, which are often key factors in the rate of school dropouts.

“This policy by the government is intended to make life easier for citizens, parents, and guardians. It also aims to tackle the issue of out-of-school children and to encourage 100% completion of education at this level,” Jones stated.

Acknowledging the support of school principals who effectively facilitated the implementation of the state’s policy last year, Jones commended their efforts in streamlining the process, which allowed students to benefit from the initiative without delays or difficulties.

He warned, however, that any principal who attempts to undermine the government’s efforts through fraudulent practices or by failing to ensure transparency would face severe consequences.

Governor Ododo’s approval of N600 million for WAEC fees is part of a broader strategy to invest in Kogi State’s human capital by empowering students with the necessary support to complete their education.

By reducing the financial pressure on families and ensuring that students remain in school, the state government is positioning itself as a proactive leader in tackling educational challenges, particularly in underprivileged communities.

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NFF President, Gusau, elected 1st Vice President of WAFU B

The President of Nigeria Football Federation, Alhaji Ibrahim Musa Gusau has been elected as the 1st Vice President of the West African Football Union (WAFU) B zone.

The election took place in Niamey, Niger Republic on Friday, on the margin of this year’s CAF African Schools Football Championship (WAFU B qualifying tournament) taking place in that country.

President of Ghana Football Association, Kurt Edwin-Simeon Okraku, was elected President of the zone, while Oumarou Sawadogo, President of the Burkinabe Football Federation, was elected as the 2nd Vice President.

The WAFU B zone is made up of seven countries, viz Nigeria, Togo, Benin Republic, Ghana, Burkina Faso, Niger Republic and Cote d’Ivoire.

Gusau, who became President of NFF in September 2022, has served in several high-level capacities in African football, including being on the Organizing Committee for the African Nations Championship (CHAN), and serving as a top security officer of both FIFA and CAF.

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Mark Lawrenson Predicts Premier League Results for the Weekend Fixtures

Liverpool legend Mark Lawrenson has shared his predictions for this weekend’s Premier League matches, offering insights into the potential outcomes of key fixtures.

Fans are eager to see how the games unfold as the league continues to deliver intense battles and surprises.

The action kicks off on Saturday with an early match at the King Power Stadium, where Leicester City will host Chelsea.

Lawrenson expects Chelsea to edge out a narrow victory, predicting a 2-1 win for the Blues. Chelsea will aim to continue their upward trajectory, while Leicester will hope to capitalize on home advantage to pull off an upset.

Later that evening, Arsenal will welcome Nottingham Forest to the Emirates Stadium.

The Gunners, looking to solidify their title credentials, are predicted to secure a comfortable 2-0 victory.

Mikel Arteta’s men have been in excellent form, and Nottingham Forest will have a tough task trying to stifle their attacking prowess.

Premier League champions Manchester City will face Tottenham Hotspur at the Etihad Stadium in one of the weekend’s most anticipated matches.

Lawrenson has backed Pep Guardiola’s side to claim a 2-0 win, continuing their strong form at home. Spurs will need to be at their very best to stand a chance against City’s relentless attacking force.

In other Saturday fixtures, Aston Villa is expected to dominate Crystal Palace at Villa Park with a 3-0 victory.

Meanwhile, Bournemouth and Brighton are tipped to share the spoils in a 1-1 draw, as both teams look to maintain their mid-table standings.

Everton and Brentford are also predicted to end their match in a 1-1 stalemate, with both sides struggling for consistency this season.

Fulham is expected to edge out Wolves at Craven Cottage with a 2-1 victory, as Marco Silva’s team aims to climb higher in the league table.

On Sunday, Southampton will host Liverpool at St. Mary’s Stadium. Lawrenson predicts a 3-1 victory for Jurgen Klopp’s Reds, who will be eager to maintain their push for the top spots. Southampton, battling relegation, face a daunting task against a Liverpool side firing on all cylinders.

Manchester United will travel to face Ipswich Town in an away fixture. Lawrenson foresees a 2-1 win for the Red Devils, though Ipswich will aim to cause an upset.

The weekend concludes with Newcastle United hosting West Ham at St. James’ Park. The Magpies are tipped to secure a commanding 3-0 victory, as they continue their impressive form in front of their passionate home fans.

The Premier League weekend promises excitement, drama, and potentially season-defining results as teams battle for crucial points.

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Nigeria’s Super Falcons Drawn Against Tunisia, Algeria, and Botswana in Group B of 2024 WAFCON

The Super Falcons of Nigeria will lock horns with Tunisia, Algeria, and Botswana in Group B at the 2024 Women’s Africa Cup of Nations (WAFCON).

The draw, which took place on Friday evening, was held at the Technical Centre of the Mohamed VI Football Complex in Sale, just outside Rabat, Morocco.

The prestigious tournament will see 12 of Africa’s finest women’s football teams battle for supremacy in a three-week final event scheduled to run from July 5 to July 26, 2025. Morocco, the host nation, will welcome the continent’s best players as they strive to lift the coveted trophy.

For the nine-time African champions, Nigeria, the tournament offers another opportunity to demonstrate their dominance in women’s football on the continent.

Placed in Group B, the Super Falcons are no strangers to their North African rivals Algeria and Tunisia, though their encounter with the latter will mark the first competitive meeting between the two teams in WAFCON history.

Nigeria has an encouraging record against Algeria, having recently defeated the Fennecs in a two-legged friendly encounter.

The victories have bolstered the confidence of Randy Waldrum’s squad as they prepare to extend their winning streak against Algeria in Morocco.

Botswana, another Group B opponent, will also be familiar territory for the Super Falcons.

In the last edition of the competition, Nigeria secured a narrow 1-0 victory over the southern African side in their group-stage clash.

However, Botswana will be determined to upset the odds and improve their record against the defending giants.

Tunisia, the second North African team in the group, will pose an interesting challenge for the Super Falcons. Though this will be their first competitive meeting at WAFCON, Tunisia’s steady progress in women’s football in recent years could make them a formidable opponent.

Elsewhere in the tournament, Group A features the host nation Morocco alongside Zambia, Senegal, and DR Congo. Morocco, the 2022 WAFCON runners-up, will be eager to capitalize on home advantage and challenge for the title.

Group C includes South Africa, the defending champions, who will face tough opposition from Ghana, Mali, and Tanzania.

The South Africans are aiming to retain their title after their historic triumph in the 2022 edition.

The 2024 WAFCON promises to deliver thrilling encounters and unforgettable moments as Africa’s elite women footballers converge in Morocco.

Fans of the Super Falcons will hope their team can reclaim the crown and further solidify their reputation as the powerhouse of African women’s football.

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Again, Naira gains massively against the US Dollars

The naira appreciated against the dollar in both the official and parallel foreign exchange markets, closing the week on a positive note as FX supply increased.

According to data from FMDQ, the naira strengthened to ₦1652.62 per dollar on Friday, an improvement from ₦1658.57 per dollar recorded on Thursday.

This represents a gain of ₦5.95 in the official market within a single day.In the last 48 hours, the naira has seen a cumulative gain of ₦35 against the dollar, signaling a rebound in the local currency’s performance.

This trend was also evident in the black market, where the naira firmed to ₦1750 per dollar on Friday, improving from ₦1755 per dollar the previous day.

The appreciation in both markets reflects a growing supply of foreign exchange and improved sentiment.

The uptick in FX supply was evident in the rise of transaction turnover in the official market. On Friday, FX transaction turnover increased significantly to $243.05 million, up from the $163.66 million recorded on Thursday.

This 48.5% surge in turnover highlights improved liquidity and market activity, which contributed to the naira’s recovery.

Despite the positive developments in recent days, a week-on-week analysis shows a marginal depreciation of the naira in the official market. Compared to last Friday’s exchange rate of ₦1652.25 per dollar, the naira lost ₦0.35, highlighting some lingering pressure on the local currency.

Nevertheless, the recent gains provide optimism for sustained recovery in the coming weeks.In the broader economic context, the Central Bank of Nigeria (CBN) reported an increase in the country’s external reserves, which rose to $40.277 billion as of November 20, 2024.

This marks a critical development, as higher reserves bolster the CBN’s ability to intervene in the FX market and stabilize the naira.

The naira’s improved performance can be attributed to several factors, including increased FX inflows, a more active interbank market, and efforts by financial authorities to boost dollar supply.

These efforts have eased pressure on the naira, particularly in the parallel market, where speculative activities had previously driven rates higher.

As Nigeria continues to address challenges in its FX market, the recent appreciation offers hope for a more stable exchange rate regime.

Market analysts, however, caution that sustaining this momentum will require consistent policy measures, increased foreign investment inflows, and further improvements in economic fundamentals.

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Edo govt declares over 200 vehicles missing

The Chairman of the Committee, set up by Gov. Okpebholo on Monday to recover government vehicles, Mr Kelly Okungbowa, declared that over 200 vehicles were missing on Friday.

He stated that the committee had within 24 hours recovered three vehicles in a private residence in Benin.

Okungbowa, who spoke to newsmen on the success of the committee’s assignment, said within 24 hours three vehicles including one Hilux van and two Toyota Hiace buses have been recovered.

He disclosed that in one of the Toyota Hiace buses, the committee recovered some palliatives which were meant to have been distributed to Edo people.

The chairman added that the palliatives included bags of garri and rice.

He appealed for more information from members of the public, adding that it was the information earlier obtained that led to the recovery of the three vehicles.

Okungbowa assured whistleblowers that a handsome reward awaits them provided their information were correct and verifiable.

“Yesterday, we were inaugurated, we promised to follow the law to carry out the mandate of Mr Governor which is to recover all missing government vehicles in private hands.

” We are glad to inform the people of Edo State that we have recorded success within 24 hours of our inauguration.

”I am glad to announce to you that we have recovered one Hilux and two Toyota Hiace buses in private custody.

“We assure Edo people and the State Government that we are going to do the job to the best of our ability. We will make sure we recover all the stolen vehicles.

“This is not private property but the property of Edo citizens and it is not good for a private individual to steal government property,” he said.

He appealed to former government officials and other citizens holding back government vehicles to return them within 48 hours.

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EFCC warns banks against fraudulent practices

The EFCC has warned banks against fraudulent practices

The Economic and Financial Crimes Commission (EFCC) has warned banks against fraudulent practices including making themselves available as instruments of fraud.

The Executive Chairman of the EFCC, Ola Olukoyede gave the warning on Friday, November 22, 2024 when the management team of Moniepoint, led by its founder and Group CEO, Tosin Eniolorunda paid a courtesy visit to the commission.

Olukoyede who spoke through his Chief of Staff, Commander of the EFCC, Michael Nzekwe noted that Nigerian banks over the years have become notorious as conduits of financial crimes.

Nzekwe advised that they should turn a new leaf for the sake of the growth of the country, saying: “There is hardly any financial crime that would not go through the financial institutions.

“Money laundering is a major issue and you find out also that the perpetrators go through the banks. Nigeria will be the greatest beneficiary when we do the right thing,” he said.

Addressing the Moniepoint delegation , he said: “Try as much as possible on your own to avoid any form of connivance and don’t be a channel for money laundering.

“Don’t be a tool, don’t make your system porous. You are a major stakeholder when it comes to the fight against corruption. We are open and would assist, however we can. No one is above the law.”

Olukoyede observed that there was a high level of poor internal control by fintechs at the level of the unbanked, the under-served and the middle class population spectrum.

“There’s quite a whole lot of fraud that goes around that particular level, so the issue of KYC (Know Your Customer) is very important, especially because of the issue of how fintechs open tier-one accounts, sometimes without attention to KYC,” he said.

“And people take advantage of this and are quick to commit fraud through this negligence. So, that’s one area you have to also look at to see how you can improve on your KYC.

“Increasing your level of collaboration with the EFCC would mean to see yourselves as stakeholders in the fight against corruption.

“We would like you to be able to respond to us when we make inquiries and when we make requests.”

Speaking further on the readiness of the Commission to collaborate with Moniepoint to get things right, Olukoyede said: “On our part, we are open to whatever it is that you want us to do.

“We value it that you are here today to seek a stronger tie and collaboration. When we have stakeholders come in and want to be part of what we are doing, majorly stakeholders like you, it gives us joy because we know that no one man can fight corruption alone.

“The collaboration you seek tells us that you want to strengthen your system; you want to be able to create more internal controls.

“You want to be able to put in place things that will mitigate those weaknesses that will lead to fraud within your system, that’s what we do.

“Our core mandate is enforcement and investigation of economic and financial crimes. So, we’re glad and wish to collaborate with you.”

Earlier in his remarks, Eniolorunda noted that the expansion in the operations and services of the fintech and microfinance company have come with challenges which have made the need for a strategic collaboration with the EFCC compelling.

“Moniepoint has over the years grown to become one of Nigeria’s largest payment service providers and the bank for mostly mid-class businesses and the under-served.

“Today, Moniepoint processes roughly 70% of Nigeria’s payments on Point-of-Sale (PoS) and transfers.

“We are present also in the U.K and we are going through some potential set-up also in Kenya, which is at an advanced stage with its Central Bank. And also in Tanzania.

“Of course, with all this growth comes also challenges. One of the biggest challenges is the nature of our country, where if people find the opportunity to make fast money, they will make fast money. 

“And we have realized that as Moniepoint is helping people make ends meet, these sorts of people are also trying to use Moniepoint channels  to achieve their criminal objectives.

“So, we are actively fighting, improving all the necessary KYC accounts, money laundering and fund protection systems, but we know that we can’t do this alone. 

“There are experts in a government organization like the EFCC that we believe we need to have a strategic relationship with to be able to fight these people together.

“There are intels that you see that we don’t see. There are many things that come across your desk, every day that we don’t see. 

“There are also things that we see that we think that if we should show to you, we will all be able to come together and fight these bad guys. 

“We have, over the years improved on many things; discover a lot of potential fraud, collaborated with law enforcement agencies. 

“With our whole management team, we will be able to find a strategic partnership with the EFCC that would take us to the next level. 

“So we need to quickly build stronger alliances to prevent any form of risks that will blossom into national security issue,” he said.

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