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GAIN Eyes Curbing Youth Unemployment Crisis In Africa, Sets To Host Virtual Summit

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As part of its developmental goals for the African continent, Grand Africa Initiative (GAIN) is set to host a Youth Summit slated to hold online, 30th and 31st October, 2020.

The 2020 GAIN Youth Summit will present a unique platform that primarily present an opportunity to build alliances, networks and promote multi-level collaboration for maximum impact.

With the theme “Curbing Youth Unemployment Crises in Africa: The Real Issues; speakers will focus on channeling the energy and enthusiasm of the youth to positive ends by empowering them and building their capacities to drive positive personal, community, national and continental level developmental goals.

The GAIN Youth Summit 2020 is a platform that would empower the youth and other key stakeholders with information, channels and tools to promote collaborative action for youth employment, development, education and entrepreneurship.

GAIN 2020 Youth Summit is free and will not only explore the real issues with unemployment in Africa but most importantly would expose the youth to opportunities that abound in various sectors and how they can tap into those opportunities,” organizers said in a statement.

“Rising unemployment rate is ravaging the economies of the continent and has a huge negative impact on the the youth and general standard of living in Africa. At Grand Africa Initiative (GAIN), we are focused on helping the youth to succeed in education, employment, innovation and entrepreneurship.

Chinwe Okoli, the Executive Director, Grand Africa Initiative -GAIN said experts and leaders from the private sector, government, academia, development institutions, global organisations, financial institutions and entrepreneurship ecosystem from 22 different countries will help the youth explore opportunities.

She said the summit will provide answers to questions on how to succeed in education; career professionals to excel in their professions; job seekers to position better and know how to secure new jobs and entrepreneurs to better understand the business environment, how to foster partnerships, expand their businesses and raise funds. 

“This is expected to help in curbing youth unemployment crises in Africa,” she said.

The summit sessions are categorised into Employment Stage, Education/Student Stage, Entrepreneurship/Innovation Stage, Action stage.

The Keynote Speaker for the GAIN Youth Summit is Professor Chukwuma Charles Soludo, Member, Presidential Economic Advisory Council, Federal Republic of Nigeria and the former Governor of Central Bank of Nigeria.The Lead Speakers include : Her Excellency, Mrs Teneng Mba Jaiteh, The Ambassador Plenipotentiary of The Gambia to Kingdom of Belgium and the European Union; His Excellency S. F Houmard, The President of in Global Office of the Global Union and Its Permanent Mission and a.i Chairman GU’s GHCF Foundation. HQ Switzerland; His Excellency, Mr Georges R. P. Chikoti, The Secretary General of the Organisation of African, Caribbean and Pacific States (OACPS); Mr Tomi Davies ‘TD’, Collaborator-in-Chief, TVC Labs/President, African Business Angel Network (ABAN), Nigeria; Mr Afolabi Imoukhuede, Senior Special Assistant to the President on Job Creation, Federal Republic of Nigeria; MModise J.Motloba, The Group CEO, TysysCapital Group, South Africa; Mrs Fati N’zi-Hassane, Supervisor, Human Capital Division AUDA-NEPAD, African Union and over 30 more speakers from 22 countries are set to speak at the summit.

“In Africa, a social structure characterised by massive young population, it is important to find ways of gathering, mentoring and empowering them to take advantage of emerging opportunities. Our GAIN Youth Summit 2020 is a platform that has lineup speakers from around the word to engage to our youth and help us shape the future” Cynthia Asha Amani, GAIN Regional Coordinator, East Africa.

Some of the Partners for The GAIN Youth Summit 2020 are AUDA-NEPAD agency of the African Union; The Organisation of African, Caribbean and Pacific States (OACPS) and  Global Union and its Permanent Mission to the global Safety of Nations and their People; FCMB, Nigeria; Tysys Capital group, South Africa among others.

Grand Africa Initiative (GAIN) is a Pan-African Non-governmental organization on a mission to help African youth, develop and harness their potentials, unique ideas, talents and abilities to succeed in education, employment, entrepreneurship, and innovation.  GAIN is on a mission to Gather, Empower, Mentor and Monitor (GEMM) African youth to succeed in education, employment, innovation and entrepreneurship in order to reduce poverty, inequality, illegal migration crises and insecurity; to achieve a safer, more economically empowered and developed Africa through youth development. GAIN programs include training, advocacy, education, mentorship, empowerment, opportunities dissemination and partnership seeking to achieve sustainable development by igniting the positive energy of the greater segment of Africa’s population – the youth.

Register here.

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Finance

Naira Abuse: Court Grants Cubana Chief Priest ₦10M Bail

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The Federal High Court in Lagos State, on Wednesday, granted businessman and socialite, Pascal Okechukwu, popularly known as Cubana Chief Priest, N10m bail with two sureties in like sum.

On Tuesday, EFCC slammed him with 3 count charge over the abuse of naira and asked him to report to court.

In court, The celebrity bar man pleaded not guilty to tampering and abusing the naira during his trial.

Earlier on Sunday, the EFCC revealed that it was probing several celebrities over alleged abuse of Naira notes.

In a statement, its spokesperson, Dele Oyewale, said;

“Many of them have made useful statements to the commission and many more have been invited by investigators working on the matter.

“The EFCC will not relent in its no-sacred-cow mode of operations and the public should be wary of running afoul of laws against the crime.”

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Finance

Cubana Chief Priest Faces Three Count Charges By The EFCC Over Naira Abuse

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Popular celebrity bar man, Pascal Okechukwu well known as Cubana Chief Priest will be arraigned by the Economic and Financial Crimes Commission (EFCC) over abuse of the naira on Wednesday, according to court documents.

He is facing three count charges for allegedly spraying and tampering with the naira at a social event contrary to the provisions of the Central Bank Act of 2007.

Not too long away was crossdresser Bobrisky Sentenced to 6 months in prison over thesame money mutilation. Now it is Cubana Chief Priest.
It seems like the government is taking the naira abuse situation much more seriously now.

Cubana Chief Priest would be arraigned before Justice Kehinde Ogundare of the Federal High Court, Lagos.

Cubana Chief Priest seen spraying bundles of money in a wedding

A copy of the document filed on April 4th by EFFC’s prosecutor Rotimi Oyedepo (SAN) alongside seven other lawyers representing the chairman of the Commission read:

1- “that you, Okechukwu Pascal on 13th Feb. 2024, at Eko Hotel, within the jurisdiction of the court, while dancing during a social event, tampered with funds in the denomination of N500 (Five Hundred Naira) issued by the Central Bank of Nigeria by spraying same for two hours, and you thereby committed an offence, contrary to and punishable under Section 21(1) of the Central Bank Act 2007”.

2 – “that you Okechukwu Pascal sometime in 2020, in Lagos during a social event, tampered with funds in the denomination of N500 (Five Hundred Naira) issued by the Central Bank of Nigeria by spraying same for two hours, and you thereby committed an offence, contrary to and punishable under Section 21(1) of the Central Bank Act 2007”.

3 – “that you Okechukwu Pascal sometime in January 2024, in Lagos during a social event, tampered with funds in the denomination of N500 (Five Hundred Naira) issued by the Central Bank of Nigeria by spraying same and you thereby committed an offence, contrary to and punishable under Section 21(1) of the Central Bank Act 2007”.

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Finance

Enugu Police Arrests Young Man Harbouring And Spending Fake Naira Notes

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Policemen in Enugu State have arrested a 24-year-old suspect, Mmaduabuchi Okonkwo, for allegedly possessing and transacting in counterfeit naira notes.

A total of ₦40,000 suspected counterfeited one thousand denominated Naira notes were recovered from him.

Okonkwo was said to have boarded a minibus and given the driver one of the counterfeited notes. The driver, however, scrutinised and observed that the currency was fake, thereby raising an alarm that led to the suspect’s arrest.

Information has it that during interrogation, the suspect confessed to paying N25,000 for counterfeit notes with a face value of N50,000.

He further confessed to having spent ₦10,000 out of the fake notes, remaining the ₦40,000 that was recovered from him.

The suspect will be arraigned and prosecuted once investigations are concluded.

Say No To Creating Counterfeits!

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