DPR Shuts 86 Illegal Gas Plants In Lagos 

The Department of Petroleum Resources (DPR),has closed 86 Liquefied Petroleum Gas (LPG) plants in Lagos  in 2020 for operating illegally.
Mr Paul Osu, Head, Public Affairs, DPR,explained that the plants were shutdown for non-compliance with international safety standards.
The plants,he said, were also operating without prerequisite approval or licence from the regulatory agency.
He added that  some of the sealed plants were operating under high tension electrical installations and other unapproved locations.
He noted that the move was aimed at reducing the occurrence of gas explosion and fire incidents in Lagos State.
According to him,the DPR would continue to clamp down on such illegal plants while at the same time sensitising the public on the need for safe usage and distribution of gas.
 CBN  Disburses N2.2bn  Agric Loan Balyesa Farmers

The Central Bank of Nigeria has said that  Bayelsa State Government has keyed into its Accelerated Agricultural Development Scheme (AADS) in which over N2.2billion had been disbursed to 2,000 beneficiaries in the state.
The apex bank disclosed this  during a courtesy visit of its Yenagoa Branch Controller, Mr Francis Ene-Asuquo, and his team to Governor Douye Diri at the Government House in Yenagoa
He said  Bayelsa had fully bought into the CBN’s Anchor Borrowers Scheme which encouraged farmers to establish themselves into clusters in the state.
He added  that N600million had been disbursed directly to poultry farmers in the state, which made it possible for them to now supply eggs to neighbouring states in commercial quantity.
Speaking on the N3billion agricultural loan fraud allegation against  state government, the CBN’s Head of Development Finance, Mr Stanley Oruyeigha, dismissed the claim as mere speculation and outright falsehood.
He confirmed that N1.5 billion of the amount was disbursed in the first phase for infrastructure development, which includes completion of the cassava processing factory at Ebedebiri while in the second phase, the sum of N1.438 billion has been disbursed directly to 3,500 farmers as well as for the purchase of various agricultural inputs.
He insisted that the process had been transparent and that the balance of N61, 699,211.80million was intact.
He said:”There are no issues with the N3billion agric loan to Bayelsa farmers. The first tranche of N1.5billion was meant for infrastructure and that includes land clearing. No contract of N40million was paid to anyone. Everything about the fund is safe. Our partner bank is Access Bank.
“I want to emphasise that no money is missing nor was shared. The Accelerated Agriculture Development Scheme is already a success in the state and it is on course. The land clearing is going on well. CBN is satisfied with the progress so far in Ayamasa, Angalabiri, Korokorosei, Sampou, Agbere, Amassoma and other communities. The governor has never interfered with nor manipulated the scheme since it started.”
Oruyeigha further stated that the disbursement is being done in phases and that 75 per cent of land had been cleared by the beneficiaries.
He explained that money for the first phase was disbursed from June and not March 2020 as being speculated while that of the second phase was received on December 5, 2020 and disbursement commenced in January this year.
According to him, the loan was structured into milestones from land preparation to planting, weeding and harvest.
In his remarks, Diri said his administration would continue to partner the CBN to actualise the objectives of his prosperity agenda for the state.
He said stressed that the agric loan was already being processed before his administration came on board and that he would not be deterred by those trying to cause a rift between him and his predecessor.
He said: “This agriculture loan was in the offing before we came on board and we followed it up because government is a continuum. I give credit to the former governor and the government that started this agric loan process. Assuming we did nothing about it, that would have been the end of this money they are crying about.
Yoruba Groups Advocate Unity in SouthWest

Yoruba group advocates unity, rejects restructuring | The Hope Newspaper
A coalition of different interests groups in the South-West, Coalition of Yoruba Interest Groups (CYIG) led by  Professor Wande Abimbola, has tasked all Yorubas to unite and defend themselves from all ongoing criminal activities unleashed on them in the region by the armed Fulani herdsmen.
Stakeholders in the Yoruba nation, in a meeting attended by participants across the world, declared that it’s high time Yoruba people took their destiny in their hands by forestalling the impending genocide being perpetrated by the Fulanis in the region.
They stated that the purpose of the coalition of all Yoruba groups was to foster unity and speak with one voice.
In his address, the Chairman of the meeting, Prof Wande Abimbola called on Yorubas to come together as a united force and face the criminals destroying their ancestral homeland through  insecurity characterised by kidnapping, raping of women and underage girls, wanton killings and other vices.
He lamented the Gen Muhammad Buhari-led government’s pretense not to see the callous ongoing genocide in the South-West and South-East of the country.
The leader of the Yoruba, Professor Banji Akintoye, who gave  his support for the coalition, gave vivid historical antecedent of the Fulani and their idea to wipe out the people of the South-West and South-East.
He emphasised that the Fulani did not have land they could call their own in Africa and as such want to destroy other tribes to enable their callous ambition.
In his keynote address, the Global Coordinator of the Oodua Action Movement (OAM), Otunba Demola Edward,declared that a government that could not care for the living was incapable of planning for the unborn, hence the need for the emerging Yoruba nation to be driven by vision conceptualized by men and women who are above average.
He maintained that only those who could operate at higher mental level, with outstanding antecedents to support it, should be at the helm of Yoruba affairs.
He advised the Yoruba nation to resist attempts by ambitious individuals in pursuit of personal self-aggrandizement at the detriment of its citizenry from attaining the pinnacle of our Nation’s power.
He said:”It is our humble opinion that people-oriented visions should be about the common good of those being represented by their elected officers. Suffice to say such ideal is better for the government of the people by the people and for the people.
“Our vision for a better society is for us to ensure that those who cannot separate vision from ambition, and those who are incapable of conceptualizing a vision should not emerge as leaders in Yoruba nation.”
 Don Urges  FG To Invest In Nanotechnology 

LAUTECH Urges FG To Invest In Nanotechnology For National Development –  Independent Newspapers Nigeria
 Lateef Agbaje, a Professor of Microbiology and Head, Nanotechnology research group (NANO+) of Ladoke Akintola University of Technology (LAUTECH), has tasked   Federal Government to invest in  nanotechnology for national development.
Speaking at the 38th inaugural lecture of the institution,the don observed that  dearth of experts, deficiency of curricula in covering materials science and nanotechnology, lack of dedicated funding and national policy on Nanotechnology are impediments to nanotechnology research and development  in the country.
He said  tackling the impediments would enable Nigeria tap into the $714.6 billion bioeconomy contribution of biotechnology to the world’s economy.
Agbaje in his lecture, ‘The next big thing is very small: The paradox of diminutive microbes and nanoparticles’ related the relevance of biotechnology to national development and  underscored the importance of exploitation of biological resources to render goods and services for mankind.
The technology which he categorised into old and modern biotechnologies, he said can be aptly explored for the overall development of the nation, as they have applications in different sectors; ranging from agriculture, medicine, industry, environment, aquatic resources, food and product development.
He stated that although microorganisms consist of the good and the bad; the pathogenic microbes causing diseases in plants and animals are less than 1per cent of the hypothetical one trillion types of microorganisms that exist on the earth.
According to him, the contributions of microorganisms in terms of product formation were estimated at hundreds of billions of dollars. “The estimate of fermented products by microbes was put at $63.371 billion in 2020, which is about twice the Nigeria’s budget for 2021.
“Several of these beneficial microbes, particularly probiotics are responsible for the production of local fermented foods and drinks such as garri, lafun, ogi, nunu, iru, fufu, and palm wine among others,” he stated.
He used the enzymes to produce different metal nanoparticles such as silver, gold, titanium oxide, calcium and silver-gold alloy. His works also involved the fabrication and deployment of specialized vessels called bioreactors for growing microorganisms.
Agbaje disclosed that he has successfully used different microbes to valorize and add values to agrowastes such as cocoa pod, palm kernel cake, plantain peel, cassava peel, kola nut pod and poultry feather to improve their nutritional properties or production of valuable enzymes.
He further stressed the versatilities of microbial resources in the biotechnology agenda of any nation leading to the sub-discipline microbial biotechnology.
NCC  Intensifies Campaign Against Piracy,Arrests 3

Copyright: NCC seizes N275m goods in one month -
The Nigerian Copyright Commission (NCC) has arrested three piracy suspects engaged in street hawking of copyright-protected works at the Eagle Square, Abuja.
Those arrested in an antipiracy operation  were Abubakar Abdullahi, Emmanuel Onyebuchi and Odushola Arowolo.
Vincent Oyefeso,
Director, Public Affairs Department of NCC explained that  the arrest is part of intensified efforts at checking street trading of pirated books, musical works and movies in Abuja FCT and other parts of the country.
He added that the  suspected pirated works estimated at two hundred and fifty thousand Naira (N250,000) were also impounded. Infringing items seized during the operation included copies of various titles of foreign and local authors suspected to be pirated.
The enforcement operation was a follow-up to the recent collaboration between the NCC and the Abuja Environmental Protection Board (AEPB), and was carried out by a team of Copyright Inspectors and officers of Nigeria Police.
“The Commission has reiterated its commitment to rid the streets, starting with the FCT, of pirated books and other copyright-protected works.
“The Commission indicates that the street raid on vendors of books, music works and movies in Abuja signaled the commencement of a lineup of enforcement interventions at the FCT and other states on a sustainable basis” Oyefeso said.
The Commission’s Director of Operations, Mr. Obi Ezeilo, said the enforcement drive would be sustained until street trading in copyright works was stamped out.
The arrested suspects who were interrogated at the Commission’s Headquarters has been granted administrative bail while investigation continues.
AccessBank Launches SwiftPay 

Access Bank Plc has  launched Swift Pay, a digital payment service that facilitates the receipt of business payments by enabling customers make quick, easy and secure digital payments on social media platforms to merchants.
 Group, Head, Emerging Businesses, Access Bank plc, Ayodele Olojede, noted that the lockdown, experienced in 2020 as a result of the COVID-19 pandemic, resulted in less in-person interactions and  less in-person payment options.
She disclosed that statistics from a survey carried out post-lockdown showed that MSMEs were affected by cash flow, revenue and sales while adding that the impact of the pandemic made more apparent the lack of infrastructure and access to digital resources for small businesses.
She added:“This is why Access Bank introduced SwiftPay to support the digital transition and growth of SME businesses. This product is part of the bank’s commitment to support SMEs to meet their business objectives despite the times. The new service comes in form of a payment link that can be hosted on merchants’ social media pages and sent to anyone to pay and conclude business transactions. It is easy and takes less than 5 minutes for interested merchants to sign up as it is convenient and time saving for everyone.
She also disclosed that the bank is committed to providing very practical solutions that support the growth of small business in Nigeria.
“SWIFTPAY is free and the processing charge is discounted up to 15 per cent to ensure merchants keep most of their earnings.  In recent times, e-commerce has been challenged with the rise in fraud on social media, we have ensured that every merchant registered on SWIFTPAY carries a ‘verified by access ‘ stamp to authenticate the page giving customers confidence when they transact.
 “We have been focused on providing solutions targeted at boosting the economy because we believe it is our responsibility to contribute to the stimulation of economic growth. With the launch of “SwiftPay by Access”, we are renewing our commitment to providing the much-needed technological support to our SMEs.” Olojede concluded.
Digital Economy Paramount To Buhari Administration-Minister

President Muhammadu Buhari is committed to delivering the national digital economy with appropriate infrastructures and attractive conditions of service in agencies saddled with the responsibility to do so, the Minister of Communications and Digital Economy, Dr Isa Pantami said on Tuesday.
Pantami cited the upward review of the capital budget of the National Identity Management Commission (NIMC) from between 500 to 700 million in the previous years to about 5 billion Naira this year as part of the commitments of the President for a Digital Nigeria.
He commended the President for his support and approval of proposals relating to the development of the Information and Communications Technology (ICT) sector, asserting that the contributions of the ICT sector to the nation’s Gross Domestic Product in the last quarter of 2020 was as a result of his support.
Dr Pantami spoke at the presentation of the National Information Technology Development Agency’s (NITDA) Employee-Centric Condition and Scheme of Service documents to the public at Frasel Suites, Abuja.
“We are grateful for His Excellency’s support and the confidence he has reposed in us.
We are doing our best to justify this confidence by ensuring that our initiatives support the programmes of the Government, “Dr Pantami said.
He added; “The 2020 Fourth Quarter (Q4 2020) Gross Domestic Product (GDP) report recently released by the National Bureau of Statistics (NBS) showed that our modest efforts are yielding positive results; this reflected in the significant growth experienced by the ICT sector.
Sterling Bank Names 2 New Non-Executive Directors

Sterling Bank Appoints Ankala Syam Prasad, Paritosh Tripathi as Directors -  Brand Spur
Sterling Bank Plc has announced the appointment of Messrs Ankala Syam Prasad and Paritosh Tripathi into its Board as Non-Executive Directors, subject to approval from the Central Bank of Nigeria (CBN).
The bank explained that the  appointments are meant to fill the vaccum created by the departure of erstwhile Board members-Messrs Ramesh Rajapur and Grama Narasimhan.
According to the bank,Mr. Prasad has over two decades of experience in banking and financial services, with expertise in regulatory compliance and reporting, risk management etc. He is presently the Country Head and Chairman of the Executive Committee, State Bank of India (South African Operations). He is an alumnus of Nagarjuna University, India where he obtained Bachelors and Masters Degrees. He also obtained an MBA (Financial Management) from the prestigious University of Mumbai, India.
The bank also said Mr. Tripathi is an IT expert with over 30 years’ experience in the implementation of IT-related policies and projects in banks. He is presently the General Manager (Operations), International Banking Group of the State Bank of India (SBI). He holds a Bachelor of Arts degree and a Master of Business Administration (MBA) from the University of Lucknow. He is also a certified Associate of the Indian Institute of Bankers.
FCMB Launches  Paperless Transactions

FCMB introduces paperless and cardless transactions at branches, ATMs and  POS terminals | Nairametrics
First City Monument Bank (FCMB) Plc has  paperless transactions within the bank’s over 200 branches in the country.
The bank explained that customers no longer require deposit slips, withdrawal booklets, or cheque books to carry out over-the-counter transactions following the introduction of the innovation.
The bank said customers now have the opportunity to enjoy cardless banking experience by just using their fingerprints to withdraw and deposit cash at 575 select biometric Automated Teller Machine (ATM) points of the bank across the country and via biometric Point of Sales (PoS) terminals available within its branches.
The bank said its  575 biometric ATMs can be used by customers for intra and interbank transfers as well as change of PIN and data update. The simple, convenient and secure cardless services are available for use when customers do not wish to go out with their debit cards or these are inaccessible due to loss or damage.
It explained that to withdraw cash with fingerprint via its biometric ATMs, customers are required to visit any of the 575 select ATMs, and initiate the cardless menu. This is followed by selecting the fingerprint withdrawal option, then precisely indicating the 10-digit NUBAN account number. The customer can then place his or her right thumb on the fingerprint scanner for 7 seconds, press “proceed”, input the amount to withdraw and then take the cash
9mobile Upgrades Offerings on MiFi

9mobile upgrade offerings on MiFi, Router devices
One of the country’s  telecommunication companies, 9mobile, has upgraded its MiFi and Router offerings .
At the virtual unveiling of the offer,Chief Commercial Officer, 9mobile, Stjepan Udovicic, explained that it demonstrated 9mobile`s commitment to boosting individuals and businesses with affordable data connectivity.
“Customers can now get up to 380GB for N60,000, plus a free router device valid for one year and up to 200GB at N36,000, plus a free MiFi device also valid for one year. “MiFi devices can be connected to a cellular network to provide internet services for up to ten devices, while routers can be connected to a cellular network to provide internet services for up to 30 devices.
“We are committed to providing affordable offerings, especially as COVID-19 has altered the world of work. “Nowadays, more people are working remotely as they need affordable data to deliver their tasks and stay connected online with colleagues and business associates. “Our refreshed MiFi and Router offers will see our customers enjoying more for less.
 “For instance, a customer gets a 20GB instant sign-up data bonus and additional 15GB data every month for 12 months, plus a free MiFi device at N36,000.”
“Also, customers will get 30GB instant sign-up data bonuses and additional 20GB every month for 12 months, plus a free Router device,’’ he said. Udovicic added that the MiFi and Router devices also came with other variant data offers.