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Speaker Abbas Says Teachers Hold Key For Effective Teaching, Learning

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By Gloria Ikibah 
 
Speaker of the House of Representatives, Rep. Tajudeen Abbas, has said that teachers hold the key for effective teaching and learning in society, even as they are critical as education is crucial to personal and collective national development.
 
Speaker Abbas who stated this at a public hearing on some bills to amend the Federal Colleges of Education and National Teachers Institute Acts organized by the House Committee on Federal Colleges of Education, reiterated the importance of teachers’ training and development.
 
He said: “The training and development of teachers are paramount in ensuring quality education for all. Teachers are not just purveyors of knowledge; they are mentors, guides, and role models who shape young minds into responsible citizens capable of contributing meaningfully to society and instill values that will last a lifetime. 
 
“By investing in teacher training programs and professional development initiatives, we are investing in the future of our nation”. 
 
According to him, “education is not merely a tool for personal advancement and success; it is the bedrock upon which nations are built”.
 
“It is through education that we empower our youth, instill values of critical thinking and innovation, and equip them with the skills necessary to navigate an increasingly complex world. 
 
“The importance of education transcends national boundaries and is recognized globally as a fundamental human right. The United Nations Sustainable Development Goals underscore the critical role of education in achieving a more equitable, inclusive, and sustainable world. 
 
“By prioritizing education reform through legislative amendments such as those proposed in these bills, we are aligning ourselves with international best practices and demonstrating our commitment to providing quality education for all.
 
“The proposed amendments to the Federal Colleges of Education and National Teachers Institute Acts signify a step towards enhancing the quality of teacher training programmes in our country. 
 
“By updating these legislative frameworks, we aim to align our educational institutions with our national development priorities and global best practices, ensuring that our teachers are equipped with the necessary skills and knowledge to excel in their profession.
 
“Federal Colleges of Education play a pivotal role in shaping the next generation of educators who will mold the minds of our youth. These institutions serve as training grounds for teachers who are entrusted with the noble task of imparting knowledge and nurturing future leaders.
 
“By amending the Act governing these institutions, we have an opportunity to enhance their enhance the training received by aspiring educators, improve their capacity, improve standards,  ensuring that they are equipped with modern teaching methodologies, pedagogical skills, subject matter expertise and ensure that they remain at the forefront of educational excellence. A well-trained teacher is a beacon of light in a student’s educational journey,” he added.
 
Chairman of the Committee, Rep. Adamu Lakoja, explained that the hearing is focused on bills to amend the existing National Teachers Institute’s Act, and seek to establish new Federal Colleges of Education: the FCE (Technical) Fufore, Adamawa State, FCE (Special), Dukku. Gombe State, and FCE (Technical) Otan-Ayebaju. Osun State. 
 
He stated that this was crucial in advancing the field of education and ensuring the professional development of our educators.
 
“It is noteworthy that the Federal Colleges of Education and the National Teachers Institute play an important role in training and equipping professional basic education teachers in Nigeria. 
 
“These institutions serve as pillars of excellence in teacher education, providing aspiring educators with the knowledge, skills, and expertise needed to mold the minds of the Nigerian students. 
 
“The impact of quality teacher training cannot be overstated, as it directly influences the quality of education imparted to our students,” he stated.
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Just in: Plateau Govt Approves N70k Minimum Wage for Civil Servants

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By Kayode Sanni-Arewa

In line with discussions reached after consultation with relevant stakeholders, the Plateau State Government has approved immediate implementation of the N70, 000 minimum wage for the workforce in Plateau State.

The cheering news is contained in a Press Statement signed by the Head of Civil Service in the State, Stephen Pam Gadong.

Full text of the statement reads in part:

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Following the Agreement of the Committee on Consequential Adjustment on Salaries on 13th, November, 2024, the Executive Governor of Plateau State, His Excellency Barr. Caleb Mutfwang, has approved the immediate implementation of the N70,000 minimum wage for workers in the state.

The Implementation is a demonstration of the Governor’s commitment to prioritizing the wellbeing of the workforce in acknowledgement of their invaluableble role in driving the State’s developmental goals.

As the new wage policy is administered, Civil Servants are encouraged to embrace this gesture by recommitting to their duties with renewed dedication and zeal in order to foster a culture of productivity and excellence in service in the State.

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Before final liquidation, NDIC set to auction Heritage bank properties

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In a bid to ensure timely declaration of liquidation dividends to uninsured depositors of the failed Heritage Bank (In-Liquidation), the Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of auctioning the landed properties and chattels of the defunct bank.

According to the Corporation, this exercise is in line with its statutory powers as the Liquidator of failed banks under section 62 (1)(d) of the NDIC Act, 2023, noting that; “This is another follow-up action sequel to the disposal of physical assets and chattels belonging to the defunct bank at its leased locations nationwide”.

This was contained in a statement signed by the Director, Communication and Public Affairs Department, Bashir A.

Therefore, the auction of the landed assets shall be by competitive bidding in sealed bids scheduled to take place at the six (6) selected locations of the Corporation across the country, for the affected 36 branches of the failed bank beginning from Wednesday 4th December 2024.
“Buyers who wish to participate in the auction are expected to follow laid down guidelines purposely aimed at ensuring transparency, fair competition, equity, and accountability to enable recovery of commensurate values from the exercise. This is critical for the payment of liquidation dividends to eligible claimants.

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The Corporation shall give preference to financial institutions who are willing to buy at the highest auctioned value to allow for the continuation of provision of banking services to the Nigerian public at the designated locations”, adding; “This is desirable towards bolstering financial inclusion as envisaged by the financial system regulatory authorities.

“However, Corporate bodies and Private individuals willing to compete are equally eligible to compete in the process without prejudice, the auction shall be open and competitive to all bidders.

Furthermore, bidders will be allowed to inspect the properties and chattels across all locations one week before the date of disposal.”

Importantly too, the statement said; “All interested parties are to make available 10% bid security of the value of their sealed bids to be dropped in the bid box provided at the specific centre out of the six locations of the Corporation as contained in the published advertisements.

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“All interested bidders are advised to submit their bids only at the designated NDIC offices covering their choices amongst Abuja, Lagos, Bauchi, Kano, Enugu, and Port Harcourt.”

Meanwhile, the Corporation has vowed that there would be no hiding place for debtors of the defunct Heritage Bank whose financial obligation portfolio is in the region of over N700 billion.

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Naira slumps in parallel market

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The Naira experienced a slight depreciation yesterday, slipping to N1,740 per dollar in the parallel market compared to its previous rate of N1,735 per dollar on Tuesday.

According to data from FMDQ, the indicative exchange rate for the Nigerian Autonomous Foreign Exchange Market (NAFEM) strengthened, rising to N1,645.4 per dollar from Tuesday’s rate of N1,689.88 per dollar. This marks an appreciation of N44.48 for the Naira.

The market also saw a significant increase in dollar trading activity, with turnover climbing by 122.5 percent to reach $236.84 million, up from $106.44 million the previous day.

As a result, the gap between the parallel market and the NAFEM exchange rate widened, now standing at N94.6 per dollar, up from N45.12 per dollar recorded on Tuesday.

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