Nkata Ndi Iyom Igbo, Leo Stan Ekeh foundations empower trainers to drive youth value reorientation - ITREALMS

The Nkata Ndi Iyom Igbo Foundation and the Leo Stan Ekeh Foundation (LSEF) have successfully concluded a four-day regional seminar aimed at equipping trainers with the knowledge, values, and practical skills required to inspire positive behavioural change among young people across Southeast Nigeria, reports ITREALMS.

The seminar, themed “Rebuilding Character, Strengthening Values, Empowering Minds, Enabling the Future,” was designed as a Train-the-Trainers initiative to prepare women, teachers, mothers, and community leaders as catalysts for moral reorientation and social transformation.

NDPC hits global milestone: 23,000 jobs created, ₦7.2bn economic value generated - ITREALMS

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The Nigeria Data Protection Commission (NDPC) has attained significant global momentum by prioritizing the privacy rights of the nation's teeming population, reports ITREALMS.

This progress was detailed by the National Commissioner and CEO of the NDPC, Dr. Vincent Olatunji, during his virtual remarks at a media chat and capacity-building event held at the Marriott Hotel in Ikeja.

RMRDC’s 30% value addition bill awaits Presidential assent - ITREALMS

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Nigeria is edging closer to a new era of industrial transformation as the Raw Materials Research and Development Council (RMRDC)’s 30% Value Addition Bill passes its third reading in the House of Representatives and now heads to the desk of President Bola Ahmed Tinubu for assent, reports ITREALMS.

The landmark legislation mandates that all raw materials sourced in Nigeria must undergo a minimum of 30 percent local value addition before export. This policy aims to strengthen domestic manufacturing, reduce capital flight, and enhance the nation’s economic resilience by ensuring that more of Nigeria’s wealth is retained within its borders.

Shell exhibition delivers value @Energy Summit in Abuja - ITREALMS

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Shell companies in Nigeria underlined their participation at the 8^th Nigeria International Energy Summit (NIES) in Abuja with a high-profile exhibition that hosted dignitaries among them the Minister of State for Petroleum Resources (Oil) Senator Henieken Lokpobiri.

The Minister was briefed on the range of Shell businesses in Nigeria and recent investments in gas by The Shell Petroleum Development Company of Nigeria Limited (SPDC) and in deep-water oil production by Shell Nigeria Exploration and Production Company Limited, (SNEPCo). Senator Lokpobiri expressed his appreciation for the continued confidence in Nigeria’s energy sector.

Celebrating consumer value award - ITREALMS

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The value of a thing is intrinsic. It is hidden yet visible. It is the 'why' of a product or service. It is what it is purpose-fit for. It is said that value determines the acceptance or otherwise of a thing.

Typically, when awards are conferred, they are usually based on value, whether real or perceived. While the producer or supplier of a product or service can provide information about its product or service but only the user can effectively testify of its actual value.

AVW2022: More awareness needed on value of vaccines says Ebirim - ITREALMS

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An Abuja-based medical doctor, health promotion specialist and vaccine champion, Dr. Obinna Ebirim has called for more awareness on the values of vaccines in this interview with PAUL ADUNWOKE.

Excerpts:

What is Africa Vaccination Week?

Annually, in the last week of April, the African Vaccination Week (AVW) is celebrated. During this week, immunization Civil Society Organisations (CSOs) and stakeholders use various medium to raise awareness on the value of vaccines using a selected theme with the ultimate goal of increased access to vaccines, reduced morbidity and lives saved.

Unlocking value of innovation investments by Accenture - ITREALMS

ITREALMS:

Accenture's research team has found out that although businesses are increasing their innovation spend, return on investment has declined by 27 per cent over the past five years, reports ITREALMS.

Also the research revealed that almost one-third (29 per cent) of those Accenture surveyed expect to increase their investments in innovation by more than 50 per cent over the next five years.

Accenture, the professional services firm, pointed out that over half (57 per cent) of businesses making significant investments in innovation have underperformed against industry peers when it comes to growth or market value.

"At the same time, almost one-third (29 per cent) of those Accenture surveyed expect to increase their investments in innovation by more than 50 per cent over the next five years," the firm said in a press statement made available to ITREALMS.

Affirming this research findings to ITREALMS, the Managing Director, Financial Services at Accenture, Toluleke Adenmosun, said the fact that return on investment overall is dropping is a worrying trend, because businesses are spending more than ever, but their inability to see proper returns is shocking.

“One of the reasons for this could be that many organisations still see innovation as a peripheral activity separate to the core business; an “ad-hoc creative process” rather than a set of practices that will fundamentally change their way of doing business. It’s like going jogging once a month and then expecting to be able to run a marathon.

“Over the last five years, roughly $3.2tn was spent on innovation worldwide. Yet, the study shows it is not how much you spend that matters, it is how you spend it. The companies bucking the trend and seeing the biggest returns are investing in bold, watershed moves rather than incremental shifts.”

“The companies reaping the biggest rewards show a “go big or go home” mentality by investing in truly disruptive innovation projects,” added Toluleke “They don’t just tinker around the edges.”

Toluleke also argued that some companies just chase the latest tech trends without thinking about how to connect what they’re spending to the biggest problems or opportunities in their business.

The research also reveals that there are seven key characteristics that are adopted by companies deliberately driving innovation.

Nenye Dom/Editor

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Positive Value Initiative for launch in Lagos

ITREALMS:

A new children and youth-focused re-orientation programme, tagged Positive Values Initiative, will be formally launched in Lagos on November 30 at LTV Compound in Agidingbi, Ikeja, reports ITRealms.

The event, ITRealms gathered would be chaired by the Chairman, Coscharis Group, Dr. Cosmas Maduka.

 The outreach programme, ITRealms reports is a joint venture of Oraks Konsult and Superkids Publications, which advocates and inculcates positive values in children in order to make them better leaders and followers tomorrow.

According to the coordinator of the programme, Mrs Franca Orakwue, the goal is to inspire youths and children to attain their best by pursuing, living and sharing positive values which include courtesy, integrity, diligence and godliness wherever they go.

“We believe that values influence one’s thinking which in turn shapes relationships, behaviours, choices and sense of self-worth. We are therefore determined to impart these value set in our youths and kids to prepare them for the challenges of society” she said.

Mrs. Orakwue, who is also author and certified etiquette specialist from Etiquettemoms, United States is also a product of the International Association of Professions (IAP) Career College, USA. With over 14 years of experience in etiquette and speech training especially among children, she is deploying her knowhow to transform youths and kids especially those of school age into role models of excellence and integrity.

The mass mobilization outreach which is already running in some schools and worship centres has attracted the attention of UNICEF and Lagos State government. The pilot programme in some select schools has achieved very good result and has been well received by the pupils and students.

Uju N. Dominic/ED, Ops 

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NEMA boss assures of safety on use of electricity across value chain

ITRealms:

The re-appointed Managing Director and Chief Executive Officer (MD/CEO) of the Nigerian Electricity Management Services Agency (NEMSA) Engr. Peter Ewesor has assured Nigerians of safety on the use of electricity, lives and property across the value chain, reports ITRealms.

Ewesor also identified the issue of standardization of equipment and materials as well as existence of quackery as major problems plaguing the sector.

For him, these have led to many unfortunate incidences of electrical accidents and electrocutions in Nigeria.

The Chief Electrical Inspector of the Federation has however assured that these problems will be further strongly addressed as he begins his second tenure in earnest.

Earlier at the mini hand-over ceremony during which Engr. T. T. Aliyu presented the report of his brief stewardship during the period he acted to the MD/CEO, Ewesor commended Aliyu and itemized the focus of the current management.

"First is our unalloyed commitment to the implementation of the mandate of this Agency. As I had noted severally, the major challenge of the sector is quackery and we have evolved multiple strategies. We will make life unbearable for any group or individual who insist on endangering Nigerians through refusal to abide by professional safety standards. 

“Recently, we secured a conviction of four accused persons at the chief magistrate court of Kaduna State for the offences of criminal conspiracy, forgery of the NEMSA Certificates and cheating contrary to section 59, 345 and 308 of the penal code of Kaduna State. This will serve as deterrence to those contemplating forging and counterfeiting NEMSA Certificate/instrument”

"We are going to intensify our efforts in terms of enforcement of technical standards and regulations, technical inspection, testing and certification of all categories of electrical installations, electricity meters and instruments to ensure the efficient production and delivery of safe, reliable and sustainable power supply and guarantee safety of lives and property in the Nigerian Electricity Supply Industry (NESI) and other allied industries/workplaces safety standards.

"The second focus is our determination to empower our staff to effectively discharge their responsibilities by ensuring a conducive environment for work, scale up on the necessary work equipment and investing in human capital development. Importantly too, we are already expanding our services, getting closer to people by inaugurating new Inspectorate field offices, such as the new Owerri Office, Bauchi and one coming up in Uyo.

"And last but not the least is our rededication to the culture of integrity, transparency and openness in the management of the Agency. We are passionately committed to the anti-corruption crusade of the administration of President Muhammadu Buhari. We have always ensured due process in our operations and that has earned us the 12th position amongst 166 public institutions assessed by Public and Private Development Center (PPDC) in the 2017 FOI ranking recently conducted. Going forward we will ensure continuous maximum compliance with relevant extant rules and other regulations", the Chief Executive said.

He assured Nigerians that the Agency will be more visible as it intensifies efforts to enforce safety of use of electricity and safety of lives and property in the industry and Nigeria at large", he said.

ITRealms recalls that Engr. Peter O. Ewesor completed his first tenure on 10th September this year before his reappointment by President Muhammadu Buhari on the 3rd of October 2017 for a further term of four years in accordance with the provisions of section 7(3) of the Nigerian Electricity Management Services Agency Act, 2015.

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African total DNS market value @$52m

ITRealms:

The total annual value of the African Domain Name market is worth some $52 million says the Internet Corporation for Assigned Names and Numbers (ICANN), reports ITRealms.

This is coming as ITRealms gathered that Africa has some 5.1 million domain names associated at May 2017.

According to ICANN in its latest report on Africa DNS market study released at the ongoing public meeting holding at Sandton Convention Centre, Johannesburg, South Africa, which serves as part of ICANN's outreach efforts to support and improve the regional DNS industry.

ITRealms equally gathered that the report is the first of its kind in the region, which included 54 countries.

Other highlights ICANN said include that the strengths and weaknesses in the DNS sector in Africa.

To this end, ICANN proposed the development of recommendations on how to advance the industry to better exploit the opportunities available and to address identified challenges.

In addition, explore options for establishing an observatory to continuously monitor the growth, development and emerging needs of the DNS market in Africa.

Further, the study findings showed the pathway for the next steps for capacity-building in Africa, thus leading to significant conclusions and recommendations.

Remmy Nweke/ED, Ops

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