Uncategorized

SANWO-OLU FLAGS-OFF HAJJ SAVINGS SCHEME

Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu today flagged-off the Hajj Savings Scheme for the South West States of Nigeria.Speaking at the event, the Governor described the scheme as a welcome development which could not have come at a better time, particularly now that the global economic meltdown is affecting virtually everybody and countries of the world including Nigeria.Sanwo-Olu, who was represented at the event by the Deputy Governor, Dr. Kadri Obafemi Hamzat, added that the launch of the scheme reflects the spirit of oneness amongst all stakeholders and a demonstration of their commitment to key into the initiative and ensure the successful implementation.

In his words, “It gladdens my heart to note that this official launch reflects the spirit of oneness amongst all the stakeholders which has made it possible for all of us to gather here today to witness this historic event. It is also a demonstration of the resolve of key stakeholders to embrace this initiative and ensure its successful implementation”.

While commending the management and staff of the National Hajj Commission of Nigeria for finding Lagos State worthy of hosting the flag-off of the project for the South-West Zone, the Governor assured the Commission of the State government’s support for all its laudable initiatives aimed at improving the narratives of Hajj operations in the country, including the Hajj Savings Scheme.

Speaking further, the Governor called on Islamic Clerics in the State to enjoin their followers to adhere strictly to the COVID-19 protocols as the disease is still very much around and active.

“The disease is still very much around and active, we must therefore ensure that we know our status and adhere strictly to the laid down protocols of physical distancing, regular handwashing with soap and running water, use of hand sanitisers, wearing of face masks and avoiding large gatherings among others”, he appealed.

Earlier in his remarks, the Lagos State Commissioner for Home Affairs, Prince Anofiu Olanrewaju Elegushi described the scheme as significant because it is the first time since Hajj operations began in Nigeria that a full-fledged contributory Hajj Savings Scheme will be introduced in the country to ameliorate the financial burden in the fulfilment of Hajj rites as enshrined in the Holy Qur’an.

He stated further that the initiative will have positive impact on Hajj administration in Nigeria and create an enabling environment for intending pilgrims to contribute gradually towards the actualisation of their dream of becoming Pilgrims in no distance future.Elegushi, therefore, implored the people to tap into the great opportunity provided by the scheme by registering immediately with Ja’iz Bank PLC to start contributing.

On his part, the Chairman, National Hajj Commission of Nigeria, Alhaji Zikrullah Kunle Hassan, stated that the introduction of the Hajj Savings Scheme is one of the strategic moves designed to achieve the desire of making Hajj affordable for average Nigerian Muslims as enshrined in the establishment Act Section 7 Sub-Section 1, which empowers the Commission to establish, supervise and regulate a system of Hajj Saving Scheme to be operated by the Pilgrims Welfare Board of each State and FCT for interested pilgrims.

He added that the operationalisation of the scheme is historic in the Commission’s efforts towards self-financing to wean it from depending on the scarce government resources, which can be utilised for provision of infrastructure and other social services in the country.Hassan explained that the scheme has a developmental approach that seeks to liberalize payment, build value chains and overcome the infrastructure deficit and as well address the issue of poverty inequality in the country, adding that the initiative will avail intending pilgrims or depositors various options in which they can participate or enroll.

The Managing Director and Chief Executive Officer, Ja’iz Bank, Mr. Hassan Usman, disclosed that the launch of the scheme in Lagos is a further affirmation of the enormous belief the bank has in the Lagos Muslim Community to embrace the innovative idea and make the scheme a grand success.He added that the bank is committed to the scheme and is ready to support it with state-of-the-art technology, infrastructure and self-investment management practices.

The Scheme is a tripartite arrangement between the National Hajj Commission of Nigeria (NAHCON), States’ Muslim Pilgrims Welfare Boards and Ja’iz Bank, designed to encourage intending pilgrims to save towards actualising their dreams of performing the Holy pilgrimage in Saudi Arabia as enshrined in the Holy Quran within a specified period of time.#LASG#RebuildingLagos#ForAGreaterLagos

Leave a Comment

Your email address will not be published.

You may also like

Business Culture Economy Society

Data Privacy Workshop for the Nigeria Data Protection Commission (NDPC) Held in Ottawa, Canada

post-image

 

The Nigeria Data Protection Commission (NDPC) recently participated in a Data Privacy Workshop organized by Aajimatics Technologies in Ottawa, Canada. The training centered around the Canadian Privacy Law Primer, equipping attendees with valuable knowledge on privacy regulations.

Facilitated by Shaun Brown, a lawyer specializing in regulatory matters, the workshop covered essential aspects of privacy legislation across public, private, and health sectors. Brown provided in-depth insights into both federal and provincial privacy laws, emphasizing their significance in ensuring data protection and privacy rights.

Among the attendees were Dr. Vincent Olatunji, National Commissioner and CEO of NDPC; Mr. Solomon Odole, Project Coordinator of ID4D; and staff members from NDPC, the National Identity Management Commission (NIMC), and Nigeria’s ID4D initiative.

The workshop served as a platform for knowledge sharing and collaboration, enhancing participants’ understanding of data protection practices and privacy legislation in Canada, which can be applied to strengthen Nigeria’s own data protection framework.

Read More
Business Culture Economy

Women Affairs Ministry to Partner with WEMA Bank on Empowerment Initiatives for 500,000 Females

post-image

 

The Federal Ministry of Women Affairs is set to partner with WEMA Bank Plc on various empowerment initiatives aimed at improving the lives of 500,000 women across Nigeria’s six geo-political zones. These initiatives, to be executed through the Ministry’s women cluster arrangement, will focus on skill acquisition, agriculture, the provision of grants and loans, and the allocation of part of WEMA Bank’s Corporate Social Responsibility (CSR) to women-centric programs.

Barrister (Mrs.) Uju Kennedy-Ohanenye, Honourable Minister of Women Affairs, revealed this during a meeting with officials from WEMA Bank and its partners on Monday at her office. The meeting centered on planning the partnership, which aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, targeting poverty reduction, unemployment, and nationwide improvement in living standards.

The Minister emphasized that empowering women economically is essential in addressing societal issues such as poverty, early marriages, and domestic violence. With women and children comprising 70% of…

Read More
Business Economy Government

CBN Governor Olayemi Cardoso Champions Africa’s Voice at Bretton Woods at 80 Forum

post-image

 

Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, played a pivotal role in amplifying Africa’s voice on the global financial stage at the high-level Bretton Woods at 80 Forum held in New Hampshire, USA, from September 26th to 27th, 2024.

Governor Cardoso’s participation at this prestigious event underscored Nigeria’s and Africa’s increasing influence in international economic discussions, marking a significant step towards enhancing the continent’s representation in global financial dialogues. His involvement reflects a broader commitment to ensuring that African perspectives and priorities are adequately addressed in global economic policies.

The forum convened leaders and experts from around the world to discuss pressing issues affecting the global economy. Key topics included strategies for fostering investment, promoting inclusive growth, enhancing…

Read More
Business News Opinion Society Technology Technology Trends

Women in Nigerian Tech Ecosystem Celebrate Milestones at the 4th Annual Summit

post-image

 

The evolving role of women in Nigeria’s technological landscape took center stage at the recently concluded “Women Entrepreneurs and Executives in Tech Summit.” The 4th edition of the summit, held in Lagos, was not just another industry event but a bold statement on the progress, empowerment, and leadership of women in the tech ecosystem. The gathering brought together some of the brightest minds, trailblazers, and innovators, shining a light on the immense contributions women are making in Nigeria’s tech space.

Amidst a backdrop where women are often objectified, underrepresented, and marginalized in the tech industry, the summit was seen as a significant turning point. It challenged deep-seated cultural norms and stereotypes, providing a platform to reframe how women are perceived, engaged with, and valued within the tech sector. The summit has become a vital tool in addressing gender bias and amplifying the need for inclusion and diversity in one of…

Read More
Autos Business Trends

Bruno Sacco (1933-2024): Mastermind of Timeless  Mercedes Benz Elegance

post-image

 

 

Bruno Sacco, rest in peace, your legacy sealed in the annals of automotive history. A visionary designer, you sculpted the soul of Mercedes-Benz with your hand, shaping the icons that became emblems of excellence and elegance. You were the maestro behind the machines that moved generations, leaving a mark as indelible as the steel you crafted.

From the 80s to the 90s, you carved masterpieces out of metal, offering the world the grace and grandeur of the W124, the stately elegance of the W126, the sheer brilliance of the W201, and the unparalleled sophistication of the W140. Each design was more than a car—it was a work of art, a statement of refinement, and a testament to your genius.

Who can forget the commanding presence of the W126, its silhouette defining luxury on wheels, or the W201, compact yet brimming with character, embodying…

Read More
Business Culture Economy

The Coca-Cola System in Nigeria Provides Economic Boost Through Major Investment

post-image

The Coca-Cola System in Nigeria (www.Coca-ColaCompany.com), comprised of Coca-Cola Nigeria Limited and its authorized bottler, Nigeria Bottling Company (NBC), announced plans to expand its investments in Nigeria. Over the next five years, with a predictable and enabling environment in place, the System plans to accelerate its investments in Nigeria to reach US$ 1 billion. The investment builds on the System’s long-standing involvement in Nigerian communities. Over the last 10 years, Coca-Cola Hellenic Bottling Company, known locally as Nigerian Bottling Company, has invested $1.5 billion in Nigeria. With today’s announcement, the Coca-Cola System plans to more than double its rate of investment over the next 5 years.

 

This investment underscores the Coca-Cola System’s continued confidence in the Nigerian market and its promising future economic prospects. The investment is expected to support various value chain areas, including suppliers, distributors, retailers, and recyclers.

 

The announcement was made at the State House…

Read More
Business Culture Economy News Security Society Technology Technology Trends

NDPC Advocates for Stronger Collaboration with Nigeria Police Force National Cybercrime Centre

post-image

 

Abuja – In a move to bolster Nigeria’s cybercrime prevention and data protection efforts, the National Commissioner and CEO of the Nigeria Data Protection Commission (NDPC), Dr. Vincent Olatunji, led a high-level delegation from the Commission on an advocacy visit to the Nigeria Police Force National Cybercrime Centre (NPF-NCCC). The delegation was warmly received by Commissioner of Police (CP), Uche Ifeanyi Henry, at the National Cybercrime Centre in Abuja.

During the meeting, Dr. Olatunji expressed his deep appreciation to CP Henry for the cordial reception extended to the NDPC team, emphasizing the critical synergy between the mandates of both organizations. He noted that the work of the NDPC in safeguarding personal data and the NCCC’s role in cybercrime detection and prevention are closely intertwined. According to the National Commissioner, both agencies share common goals that are essential to Nigeria’s digital security landscape.May be an...
</p>
                    </div>
                    <span class= Read More

Business Economy Finance Fintech Technology Technology Trends

Palmpay Signs Multi-Million Dollar Deal with Crypto Expert B-Lord to Launch Billpoint POS

post-image

 

Palmpay, one of Nigeria’s leading fintech companies, has secured a landmark deal by partnering with renowned cryptocurrency expert Linus William Ifejika, popularly known as B-Lord. The partnership, which positions B-Lord as Palmpay’s new brand ambassador, is part of the company’s strategy to engage the younger market segment and further strengthen its brand presence.

B-Lord, widely recognized as the richest African Bitcoin vendor and CEO of Blord Group, made the announcement on his social media platforms. “Guess what? I just signed a multi-million dollar deal with Palmpay. This partnership between Blord Group and Palmpay marks the birth of Billpoint POS and will have a significant impact on the tech industry,” B-Lord shared via Facebook. He expressed excitement about the collaboration, emphasizing its personal significance and the potential it holds for the tech landscape.

In a subsequent message, B-Lord highlighted the value of perseverance, saying, “As I’ve always said, tough times lead to…

Read More