News

Bassey First Nigerian To Be Honoured With Wallenberg Medal, HOMEF Celebrates

Published

2 years ago

September 13, 2024

The Executive Director, Health of Mother Earth Foundation (HOMEF) has been honoured with the prestigious 2024 Wallenberg Medal.

The award which took place on 10 September 2024, at the Ross School of Business Robertson Auditorium, at the University of Michigan, was in recognition of Bassey’s long list of accomplishments.

Bassey is the first Nigerian and the fifth African to have received the award.

The Wallenberg Medal is a tribute to outstanding humanitarians who have gone above and beyond to protect the vulnerable and oppressed, much like
Raoul Wallenberg, the Swedish diplomat who saved thousands of Jews during World War II, whom the award was named after.

Earlier, the Swedish Ambassador to the United States, Ambassador
Urban Ahlin, extolled the virtues of Raoul Wallenberg and enjoined the
audience to dedicate their lives to the cause of humanity so that they
may be remembered just as Wallenberg was being recognized.

In his acceptance speech and lecture title We Are Relatives, Dr Nnimmo Bassey stressed “love, humility, dignity, and respect” as core to his vision of a livable future for all beings.”

He stated that “as an
environmental justice advocate whose work has been based on
understanding the polycrisis confronting us, we have a duty to always seek to uncover the roots of the crises rather than treating the
symptoms.”

He continued, “Seeking out those roots helps us avoid superficial
responses and pursue real solutions, some of which may be unattainable in our lifetimes. One of our key struggles has been understanding the mindset that permits inequalities in our societies. The mindset that elevates might over care and love. The mindset that promotes the
individual rather than the community. The mindset that refuses to understand that we are relatives. The mindset that grabs, trashes, and feeds on the misery of others. The mindset that permits environmental racism.

“Understanding the roots of polycrisis helps us to see the phenomenon of expanding sacrifice zones in our world today. It also

placed on us the duty of standing with the oppressed to halt the
expansion of sacrifice zones in Nigeria, in Africa, and elsewhere by
seeking to overcome the energy and other hegemonic transitions that sacrifice nature and are driven by colonial extractivism built on
embedded geopolitical power imbalances”.

Bassey further stated, “Climate action and inaction provide pictures
that help us see the difficulties we face in trying to build a consensus
that the climate crisis is a global crisis and not a national crisis. It
also shows that the world is not yet ready to make the hard decisions by accepting that the pursuit of infinite growth on a finite planet is a
false dream.”

Celebrating the Bassey on behalf of other staff members, Director of Programmes, HOMEF, Joyce
Brown, applauded the executive director for his outstanding performance, stating that Bassey’s exceptional work and contributions have led to undeniable global recognition.

“It was also a veritable opportunity to showcase the work that HOMEF does and show the key place that cultural tools like poetry play in healing a hurting world, ‘ she stated.

Besides being an environmental activist, Bassey’s work includes
significant environmental books like To Cook a Continent: Destructive Extraction and The Climate Crisis in Africa (2012), and Oil Politics: Echoes of Ecological War. His poetry, including We Thought It Was Oil But It Was Blood (1998), I Will Not Dance to Your Beat (2010), and the
latest I See the Invisible (2024), continue to inspire the spirit of
resistance and hope in all who read or listen to him.

News

Six Corps Members Receive N10m Grants To Boost Agribusiness

Published

2 days ago

September 22, 2026

Editor

Six members of the National Youth Service Corps (NYSC) have received a total of N10 million in grants to expand their agribusiness ventures under the Farmers for the Future Programme.

The programme was organised on Monday by the British American Tobacco Nigeria Foundation (BATNF) in collaboration with the NYSC to encourage young Nigerians to embrace agriculture and develop sustainable businesses.

Presenting the cheques to the beneficiaries in Abuja, the NYSC Director-General, Brigadier General Olakunle Nafiu, urged Corps members to maximise the opportunities provided by the service year by venturing into commodity marketing and other viable businesses.

Nafiu said agribusiness remained a viable avenue for young people to build sustainable enterprises, create employment and generate wealth.

He also stressed the importance of value addition to the success and sustainability of business ventures, while commending BATNF for placing Nigerian youths at the centre of its entrepreneurship initiatives through value-chain development, employment creation and its partnership with the NYSC.

“I charge you to spread the news around. We have seen the outcome, and it is a good idea,” he said.

The beneficiaries are Dominic Olufemi (FC/25C/1143), who received N3 million; Temitope Adewole (ED/26A/2251), N2 million; Abdulwaheed Bala (ED/25B/1402), N2 million; Olanike Mayungbe (OG/26B/1037), N1 million; Kingsley Udoeyen (KG/26A/1735), N1 million; and Lorember Lorsue (JG/25B/1742), N1 million.

Speaking on the selection process, the Acting Director, Skills Acquisition and Entrepreneurship Development (SAED), Mrs Winifred Shopeka, said the programme began with an online registration portal through which Corps Members engaged in agribusiness submitted their business plans.

She said nearly 3,000 Corps members applied and underwent a rigorous selection process that produced 20 finalists.

According to her, the finalists participated in a boot camp and a final pitching session, which produced the 10 best presenters before the six ultimate winners were selected.

Shopeka said the beneficiaries had also been mentored and attached to established market operators to assist them in marketing their products.

She added that Corps Members who did not make the final stage of the competition were also trained by BATNF.

The BATNF Team Lead, Mr Oludare Odusanya, congratulated the beneficiaries and urged Corps Members engaged in agribusiness to master the fundamentals and acquire the knowledge and skills necessary to succeed.

“We are happy with our collaboration with the NYSC, and it will continue,” he said.

Odusanya explained that BATNF was an independent organisation established to contribute to poverty reduction in Nigeria through sustainable agricultural practices and other interventions.

He said the Farmers for the Future Programme was instituted in collaboration with the NYSC to encourage Corps Members to venture into agribusiness and become job creators.

He added that the beneficiaries would be attached to mentors who would guide them towards achieving success in their respective businesses.

According to him, the programme has, since its inception, continued to enhance the entrepreneurial capacity of Corps Members.

News

CBN Reduces Interest Rate To 23%

Published

2 days ago

September 22, 2026

Editor

The Central Bank of Nigeria (CBN) on Tuesday announced the reduction of the interest rate, also known as Monetary Policy Rate (MPR) to 23 percent.

Briefing the media in Abuja, the Governor of the CBN, Mr. Olayemi Cardoso, said at the 307th MPC meeting held on September 22, 2026 agreed the resetting of the MPR and recaliberation of the monetary policy market.

According to Cardoso, the committe is satisfied with the disinflation progress, adding that members noted stable banking sector following successful recapitalisation.

Meanwhile, according to Nigerian Tribune, reports that that the MPC, at its 306th meeting in July 2026, disclosed its resolution to retain the interets at 26.5 percent.

According to the Governor of the CBN, Olayemi Cardoso, “the Committee’s decision to maintain the current policy stance followed a thorough assessment of the balance of risks. Although headline inflation moderated marginally in June 2026, global uncertainties have heightened, due mainly to the renewed hostilities in the Middle East.

“In view of the evolving developments, maintaining a cautious monetary policy stance remains appropriate. In arriving at its decision, the Committee noted the recent resurgence of hostilities in the Middle East, with particular attention to its spillover effects on global energy prices and the potential pass-through to domestic inflation.”

News

NURTW: KWAM1 Settles Long-time Rift Between MC Oluomo, Tafa Sego

Published

3 days ago

September 22, 2026

Editor

Nigerian Fuji musician, Wasiu Ayinde Marshal, popularly known as KWAM1, has brokered a peace deal between the National Union of Road Transport Workers (NURTW) National President, Musiliu Akinsanya, popularly known as MC Oluomo, and the Lagos State Chairman of the union, Mustapha Adekunle, aka Tafa Sego.

The reconciliation took place at Ojusagbola in Ijebu, Ogun State, where several NURTW chieftains gathered for the meeting.

The development was announced on Tuesday on KWAM1’s digital media page on Instagram, alongside photographs from the meeting.

According to the post, the two union leaders have resolved their differences after years of strained relations.

“After years of an age-long rift, MC Oluomo and Tafa Sego have finally settled their differences. And from what we know now, this is final,” the post said.

The musician was said to have intervened as the Mayegun of Yorubaland, with the aim of bringing an end to the longstanding disagreement between the two NURTW figures.

“K1 acted in his role as the Mayegun of Yorubaland by seeking an end to the long-standing rift, once and for all,” it said.

The post also described the meeting as a significant step beyond previous public displays of reconciliation.

“This time, it was not just another handshake for the cameras. The two old friends and colleagues came together at Ojusagbola, with King Wasiu Ayinde Marshal (K1) playing the peacemaker.”

Both MC Oluomo and Tafa Sego were reported to be pleased with the outcome of the intervention.

“Both parties are delighted about the new development,” the post said.

The two men had previously been allies and prominent figures within the Lagos NURTW before their relationship became strained amid disagreements linked to leadership of the union in the state.