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NNPC Emerges Overall Winner 2024 Nigeria Oil and Gas Games
Team NNPC successfully defended their title as champions of the Nigeria Oil and Gas Industry Games ( NOGIG) when they emerged winners of the 19th edition that ended at the Moshood Abiola National Stadium in Abuja on Saturday..
The Nigerian oil giants topped the medals table with 19 gold, 10 silver and 22 bronze medals to beat NLNG with 15 gold,12 silver and 11 bronze medals.
Shell placed third with 7 gold, 6 silver and 9 bronze medals, while NCDMB with 7 gold 5 silver and 6 bronze medals placed a close 4th.
Team Chevron also made a strong showing winning 6 gold, 6 silver and 6 bronze medals to finish 5th, while Total Energies with 3 gold, 4 silver and 13 bronze medals made the top 6 in the medals table.
Meanwhile, Team NCDMB won the final match of the football event after running away with a lone goal victory over hard-fighting NLNG.
The match which was played at the main bowl of the Moshood Abiola National stadium Abuja saw the two teams creating numerous chances but failed to any . The first half ended on an even note.
On resumption for the second half, the victorious NCDMB mounted pressure on their opponents who were equally resilient.
Emmanuel Opuwari breached the stubborn NLNG defence and broke the deadlock in the 85th minute with a clinical finish. The victors held onto their slim lead until the centre referee sounded the final whistle.
It didn’t start today,” Opuari said, after the close encounter. “From Port Harcourt, when we played the preliminaries, we promised ourselves that we were going to Abuja to win the trophy. That has come to reality today. We knew it was going to be ours to lose. This is just the beginning.”
Coach of the new football champions of NOGIG 2024, Ada Gwegwe said he was happy with his players who, in his words demonstrated seriousness, discipline and focus.
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FG Approves N110 Billion to Rejuvenate the National Youth Investment Fund
Joel Ajayi
The Federal Government has approved N110 billion to revitalize the National Youth Investment Fund (NYIF), for the 2024 fiscal year to serve as a cornerstone for youth empowerment.
The Minister, Ministry of Youth Development, Dr. Jamila Bio Ibrahim, disclosed this during the closing ceremony of the Ministry’s Management Retreat on Presidential Priorities and Deliverables with the theme: ‘Achieving the Eight Presidential Priorities and Deliverables’ in Abuja.
She said the fund is not just a financial reservoir but a catalyst for youth entrepreneurship and innovation aimed at bridging the gap between ambition and opportunity.
Dr Ibrahim further stated that this administration is committed to empowering every Nigerian youth through actionable policies and innovative programmes, under the visionary leadership of President Bola Ahmed Tinubu, which aligns with the renewed hope agenda.
“Federal Government has also approved the integration of Skills and Entrepreneurship Development into the NYIF programme, transitioning the NYIF Committee to an interim project management office, and investing N5 billion in the Youth Development Bank.” She added.
According to her, “the National Youth Development Bank (NEXTGEN BANK), a pioneering effort in partnership with the Bank of Industry and their private sector partners, represents a ground-breaking stride towards economic independence for our youth. With an initial take-off shareholder fund of N10 billion, this institution will be instrumental in nurturing young entrepreneurs and innovators who are the bedrock of our nation’s future.”
The Minister further explained that the Retail Development Financial Institution will be dedicated to providing financial solutions tailored specifically for young entrepreneurs, youth-backed ventures, and youth-sector enterprises, adding that with an initial capitalization of N10 billion, the bank is poised to be a pillar of support for youth-led enterprises, offering not just loans and equity but development, guidance, mentorship, and a network of resources. The Bank of Industry will be investing N2.5 billion and their private sector partners have committed to the balance of the N2.5 billion investment, and the bank will be private sector managed.
“The rehabilitation and transformation of Youth Development Centres across the country are set to commence immediately. These centres will be transformed into hubs of technical, digital, and creative skills training; bastions of social, political, and cultural engagement, amongst our youths; and sanctuaries for mental health and combatting the scourges of substance abuse and social decay. By investing in these centres, we are investing in safe spaces that foster the holistic development of the Nigerian youth”, she stated.
In his vote of thanks, the Permanent Secretary of the Ministry, Dr. Dunoma Umar Ahmed, expressed gratitude to the Federal Government, the Ministry, all development partners and stakeholders for their unwavering commitment and unflinching support towards lifting the quality of life of Nigerian youth.
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