Destkelamedia

  Aliko Dangote, Chairman of the Dangote Group, has raised serious concerns over the Central Bank of Nigeria's (CBN) recent decision to increase the interest rate to nearly 30%. Speaking at the Manufacturers Association of Nigeria (MAN) summit held at the Banquet Hall of the State House in Abuja, Dangote stressed the detrimental impact of such high rates on economic growth and job creation. In his address, Dangote articulated that a 30% interest rate is untenable for businesses seeking to expand and create jobs. He stated, "Nobody can create jobs with an interest rate of 30%. No growth will happen." This sentiment echoes the broader concerns within the business community about the feasibility of sustaining operations and driving growth under such financial constraints. Dangote urged the Nigerian government to support established companies by re-evaluating its monetary policies. He emphasized the importance of affordable financing as a cornerstone for industrialization and

As the July 4th UK general election approaches, Peter Obi, the 2023 Nigerian presidential candidate for the Labour Party, has reached out to Nigerians residing in the United Kingdom with a significant message. Through his official verified Twitter account, @Peterobi, he urged them to cast their votes for the Labour Party in the forthcoming election. In his tweet, Obi emphasized the importance of participating in the democratic process and supporting a party that shares his values of economic reform, social justice, and good governance. He wrote, "Vote Labour on Thursday, 4 July," highlighting his belief that the Labour Party in the UK aligns with the principles and goals he advocates for in Nigeria. Peter Obi's call to action resonates with the Nigerian diaspora, many of whom closely follow political developments both in their home country and in their current place of residence. By encouraging Nigerians in the UK to vote Labour, Obi underscores the interconnectedness of

  Impact of Flooding on Electoral Preparedness in Edo State: A Significant Challenge for INEC. The Independent National Electoral Commission (INEC) has recently faced a substantial challenge in Edo State due to severe flooding, which affected over 4,000 Bimodal Voters Accreditation System (BVAS) machines. This information was disclosed by the INEC Chairman, Prof. Mahmoud Yakubu, during a two-day induction retreat for Resident Electoral Commissioners (RECs) in Lagos State. The flood disaster in Edo State resulted in significant damage to the electoral infrastructure, crucial for the upcoming elections. The BVAS machines are essential for the accreditation of voters, ensuring a seamless and credible voting process. Out of the affected machines, INEC has managed to recover more than 3,500, but this recovery still leaves a considerable shortfall. Prof. Yakubu expressed concerns regarding the insufficiency of the remaining machines to meet the demands of the forthcoming elections. This situ

  Meta, the tech giant formerly known as Facebook, has launched in-stream advertisements for content creators in Nigeria, marking a significant move towards enhancing monetisation opportunities on its platforms. This initiative enables creators to generate revenue from their video content by incorporating ads, providing a new avenue for income in a rapidly growing digital market. In-stream ads allow creators to embed advertisements within their videos, including both new and existing content. These ads can appear in various formats: - Pre-roll ads: Play before the video starts. - Mid-roll ads: Interrupt the video at natural breaks. - Image ads: Static ads that appear below the video content. - Post-roll ads: Play after the video ends. Meta's platform can automatically identify suitable breaks in videos for ad placements, or creators can manually choose these spots. The revenue generated from these ads depends on the number of views and the engagement they receive. Eligibility and R

  Hypertension, commonly known as high blood pressure, is a prevalent health condition that affects millions of people worldwide. It is often called the "silent killer" because it frequently presents no symptoms until significant damage has occurred to the heart and arteries. Understanding the symptoms, risks, and prevention strategies is crucial for managing and mitigating the impact of hypertension. What is Hypertension? Hypertension occurs when the force of the blood against the artery walls is consistently too high. Blood pressure is measured in millimeters of mercury (mm Hg) and is recorded as two numbers: systolic pressure (the pressure when your heart beats) over diastolic pressure (the pressure when your heart rests between beats). A normal blood pressure reading is typically around 120/80 mm Hg. Symptoms of Hypertension One of the most challenging aspects of hypertension is that it often has no noticeable symptoms. Many people may have high blood pressure for years w

  The Chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu, has clarified the constitutional limitations of INEC regarding the conduct of local government elections. This revelation was made during a two-day induction retreat for INEC Resident Electoral Commissioners (RECs) in Lagos, highlighting the need for constitutional amendments to expand INEC's mandate. Professor Yakubu emphasized that INEC's authority is confined to organizing national and state elections, except for local government elections in the Federal Capital Territory (FCT). He explained, "The same section of the Constitution that establishes INEC also establishes the State Independent Electoral Commission (SIEC), and we cannot take over their duties." Consequently, any change in this arrangement would require a constitutional amendment. Currently, INEC is responsible for conducting local government elections in the FCT, where it oversees elections for six area cou

  A tragic incident occurred on Monday night in Abuja, the Federal Capital Territory (FCT), when a four-storey building attached to the Westbrook Hotel in the Garki area collapsed. The collapse has left many people trapped under the rubble, with rescue operations ongoing as authorities strive to save lives and assess the extent of the damage. The building, which served as an extension of the Westbrook Hotel, came crashing down late in the evening, causing panic and chaos in the surrounding area. Initial reports indicate that several guests and staff members may be trapped beneath the debris. According to an eyewitness account reported by PUNCH Online, there are serious concerns about the potential casualties from this disaster. The witness described the harrowing scene, stating, "There is a possibility that there could be some people inside the collapsed building who may have died. I saw two people being pulled out from the rubble now and taken to the hospital while rescue operati