Category: Finance

The Federal Government has inducted eight female achievers into the Nigerian Women Hall of Fame at the National Center for Women Development (NCWD) for their outstanding performance in their professional fields.

Mrs Pauline Tallen, Minister of Women Affairs, while inducting the women commended the inductees for their contribution and exceptional feat

She urged them to mentor young folks to sustain the tides of women development and participation.

Tallen also called on state commissioners for Women Affairs to replicate the structure of the Nigerian women hall of fame in their various states to recognise and document the contributions of women at the subnational levels.

“As we recognise and pay tribute to women by women, I believe that many more women are out there whose works and contributions have not been documented.

” I therefore, call state commissioners of women affairs to duplicate such structures, so that the feedback process will be established and activities decentralised,” she said.

Also, Dr Asabe Vilita-Bashir, Director General, NCWD, explained that the hall of fame features records of pre-colonial and contemporary Nigerian women who played leading roles in different aspects of the society.

“ The hall of fame also provides role models for younger girls and the society at large, on the ultimate potentials of women in the Nigerian society.

” The criteria for selection are first women, historic or living to achieve recognition in the field of endeavour or a lifetime of achievement in that field” she said.

News Agency of Nigeria (NAN) reports that some of the inductees include the First International President of the Medical Women Association, Dr. Eleanor Nwadinobi, the First African Woman to Invent a wearable Technology.

Others are Mrs Bolariwa Kemisola and the First Female Monitor-General in the 44years of the Nigerians Institute for policy and strategic studies, AIG, Aisha Baju among others.

Source: News Agency of Nigeria

Ethiopian Airlines Group said activities are being carried out to produce air-pollution-free aviation fuel, according to the Ethiopian Airlines Group, Board Chair, Girma Wake.

Ethiopian is in a position to achieve the commitment set by ICAO to fly net zero emission by 2050, it was indicated.

Ethiopian Airlines Group Board Chairman, Girma Wake said that theAirlines is adopting modern practices by following changing circumstances of the aviation industry.

Accordingly, a study has been completed to locally produce air pollution free aviation fuel, he said.

Girma added that consultation with the government and the private sector with a view to taking practical action is underway.

The Boeing Company, Airbus and IATA are providing support to us, he said.

“The study was completed and we want to expand it with relevant government and private stakeholders. The aircrafts that have come out lately are using it, which means it’s definitely something that can be distributed around the world. In Ethiopia, there are many things that can be used for that production. It’s a matter of producing at the factory level. We want individuals, government organizations, and us to come together and let Ethiopia get there first, without being left behind. Hopefully, we’ll be there before 2050. The government is working on it. Boeing is helping us, Airbus is helping us, and so we believe we will get there.”

Ethiopian Airlines Group, CEO Mesfin Tassew on his part stated that activities have been initiated to produce air pollution-free fuel in the country.

The airline is working closely with fuel supply companies and technology institutions.

“ICAO recently issued a plan that states that the aviation industry must be carbon neutral by 2050. Ethiopian Airlines should also fulfill that target. We are also discussing on how to start and grow this sustainable aviation fuel (SAF0 at Boeing aircraft. This SAF must be produced in a special way; the input is agricultural products. We need factories that will allow us to convert it into jet fuel, so we are talking with fuel suppliers and companies that have the technology, and we will find a way to produce this fuel in Ethiopia.”

Air pollution-free aviation fuel is produced from feed by-products and avoids carbon emissions throughout the life cycle.

Air pollution-free aviation fuel derived from various by-products is called Sustainable Aviation Fuel (SAF).

Source: Ethiopian News Agency

Prime Minister Abiy Ahmed said the labor market and migration information system, operationalized by the Ministry of Labor and Skills is crucial to fill foreign employment gaps and avoid problems which citizens have been facing abroad.

The premier made the remark today after visiting the Labour Market and Migration Information System, which was developed and put into operation by the Ministry of Labor and Skills.

“Today, I visited the Labor Market and Migration Information System, which has been put into operation by the Ministry of Labor and Skills.”

“The role of the system in modernizing the information management system of citizens working abroad in avoiding the problems that they used to face and filling employment gaps is significant,” he added.

Source: Ethiopian News Agency

The Ethiopian Sugar Industry Group revealed that concerted efforts have been carried out to completely replace the country’s demand for sugar with domestic production in the upcoming five years.

Ethiopia has planned to increase sugar production from the current 3.6 million quintals to 13 million quintals in the next five years.

Reta Demeke, Public Relations and Participation Head at the Ethiopian Sugar Industry Group told ENA that the domestic production and supply of sugar has not been matching the ever-growing demand of the public.

Following this, Reta stated that the Ethiopian Sugar Industry Group was re-established in March 2022 with the intention to match the supply and demand of sugar production.

The head added that since the industry group was re-established, it has been working hard on solutions by identifying the bottlenecks that caused the decline in sugarcane production and the raising in production costs.

Attention has been given to expanding the irrigation infrastructure for the newly built sugar factories.

Therefore, maximum efforts are being intensified to fully meet the domestic demand and replace sugar production imports beginning in 2025, the head explained.

“The country has embarked on a strategic plan so that the demand for sugar production can be covered domestically. A five-year strategic plan is introduced to identify the bottlenecks for the reduction of sugar products and the reasons for the increase in production costs. Therefore, the strategy is for her to overcome these difficulties. …….. Another issue is to expand irrigation development infrastructures, especially in new projects, to increase their coverage and yield of sugarcane productivity. We are working on a plan that will help us to stop importing sugar after 2025.”

In addition to the production of sugarcane cultivated by the factories themselves, he also stated that there is a practice of buying sugarcane cultivated by farmers and associations in their respective areas.

Indicating that there are currently eight sugar factories in Ethiopia, the head said that these factories are working to produce more than 12 million quintals of sugar annually in the next five years.

Source: Ethiopian News Agency

The construction of modern shedes to be used for micro and small enterprises as well as other businesses in Addis Ababa is underway with a cost of 7.7 billion Birr, Mayor of the City Administration, Adanech Abiebie said.

The Mayor disclosed this today during her meeting with women in the capital to discuss on ways to ensuring their economic and other benefits.

During the occasion, the participants have expressed that the projects being implemented by the government to ensure equal benefits for women are encouraged.

They mentioned that they have been benefiting from the various development projects being carried out in the capital to improve their likelihoods.

Urban agriculture and school feeding programs are some of the projects mentioned by the participants.

Mayor of City Administration, Adanech Abiebie said there has been a real change in school feeding program and other activities that are implemented to ease the pressure on women in terms of decision-making and leadership.

According to the Mayor, construction of modern shedes to be used for various businesses in Addis Ababa is underway with a cost of 7.7 billion Birr.

Noting that Addis Ababa is the seat of international diplomatic community, she said several facilities are being built for micro, small enterprises as well as other kinds of businesses in a manner that fit the existing realities of city.

Accordingly, works are underway to replace old business areas built with plastics by modern shades.

The Mayor added the facilities are expected to help ensure the benefit of women in the capital.

On the other, she stated various activities are being carried out to address the questions of good governance and development step by step in the capital.

The mayor urged women to play their part to ensure lasting peace, which is the basis for the development of the country and the benefit of all citizens.

Source: Ethiopian News Agency

An Ilorin-based legal practitioner, Mr Yusuf Jimoh has called on Nigerians to patronise home-made products and stop condemning anything made in Nigeria.

Jimoh, who made the call in Ilorin on Saturday in an interview with the News Agency of Nigeria (NAN), said Nigeria makes goods that worth patronizing.

According to him, most Nigerians are fond of demarketing and condemning home-made goods.

“Why are we fond of bad mouthing made-in-Nigeria products? We always prioritise anything foreign to the detriment of home-made ones.

“It is very unfair. Most home-made products are far better than the one we always idolise.

“Let us see Nigerian goods as best, instead of boosting other countries’ economy. Patronise Nigerian goods and witness a boom economy,” he said.

The lawyer added that most Nigerian shoes, bags and other products have better quality than the foreign shoes.

He called on the government at all levels to support artisans, business owners and youths in the country.

“Instead of wasting money on buying cars and other flashy things. Kindly invest heavily on the real talents who are into artisan and entrepreneurship skills.

“They can only make our economy better. They will boost the country’s economy,” he said.

The legal practitioner also urged Journalists to promote made-in-Nigeria products through their publications and write ups.

Source: News Agency of Nigeria