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Prudential Announces AFCON 2021 Sponsorship

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AFCON

…Sponsorship underscores the life insurer’s commitment to grow and to invest in Africa

Prudential Africa has signed a sponsorship agreement with the Confederation of African Football (CAF) to become the official insurance partner of the ongoing 33rd edition of Africa Cup of Nations (AFCON) 2021.

At a press conference to announce the sponsorship, Eric Mboma, Chief Representative Officer, Prudential Northern Africa Region noted that the sponsorship underscores Prudential’s commitment to the African continent.

“As we grow our business in Africa, we also want to support the passion and talent of its people. Africans share a common love for football and we are honored to be part of a tournament that unites the continent and brings together the brightest talents of African football”, he said.

Mr. Mboma added, “Through sports, Prudential wants to encourage people to stay active and lead more healthy lifestyles. As a life insurer, we believe that health and wellness are important for people to live fulfilling lives.”

Commenting on the partnership, Confederation of African Football (CAF) General Secretary Mr. Véron Mosengo-Omba said, “We are excited and pleased to have on board Prudential as a partner. We share a common purpose in our commitment to developing local talent as well as driving prosperity for the people of Africa.”

AFCON 2021 started on January 9 and will run till February 6, 2022 with Cameroon as the host nation.

Prudential is a global financial services group providing life insurance, pensions and asset management products and services to approximately 20 million customers in Asia and Africa.
Prudential has life insurance operations in eight countries across Africa: Cameroon, Cote d’Ivoire, Ghana, Kenya, Togo, Uganda, Zambia and Nigeria.

For nearly a decade, the life insurer has been providing affordable insurance and health solutions. Today, it serves more than 1.7 million customers through a distribution network of more than 13,000 agents and 600 branches.

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Eid al- Fitri – Obasa Felicitates Muslims, Urges Support, Prayers for President Tinubu

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Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa has extended a heartfelt felicitation to Muslim faithfuls across Nigeria and beyond on the occasion of Eid al-Fitr, which marks the end of the holy month of Ramadan.

The Lagos Speaker seized the occasion to urge Nigerians at home and in the Diaspora to continue supporting and praying for the country and President Bola Ahmed Tinubu.

While congratulating the Muslim ummah on the joyous occasion of Eid al-Fitr, Dr. Obasa, in a statement by his media office, emphasised the need to uphold the festival’s inherent values of forgiveness, compassion, charity, and patience beyond this season.

“As we celebrate with excitement and enthusiasm, let us remember that Eid al-Fitr is a moment of thanksgiving, joy, and spiritual renewal. Importantly, let us hold on to the spirits of love, tolerance, kindness, and compassion that we learnt in the holy month,” Obasa stated.

The Speaker urged Nigerians to pray for the country and the President for his transformative efforts and relentless sacrifices to enthrone and entrench a better nation.

“In President Tinubu, we have a leader who is committed to the progress, prosperity, and peaceful co-existence of all. All we need to do as a people is support and pray for him. I do not doubt that his visionary leadership and Renewed Hope blueprint will guide Nigeria back to the right path,” Dr Obasa stated.

Though on recess, the Speaker reiterated the commitment of the Lagos State House of Assembly to promoting religious harmony and policies that will engender and ensure the development and overall well-being of Lagosians nay Nigerians.

He assured that under his leadership, the state legislature will continue to work together in peace and harmony with the primary objective of ensuring economic prosperity while supporting initiatives that enhance the socio-economic growth of the state and Nigeria at large.

Concluding, Dr. Obasa said, “On behalf of my family, colleagues, and the management and staff of the Assembly, I wish our Muslim brothers and sisters a beautiful, bounteous, and blessed celebration.”

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Hon. Bisi Yusuf Felicitates Muslims on Eid, Calls for Unity and National Progress

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As Muslims across the world celebrate Eid-el-Fitr, marking the end of the holy month of Ramadan, the Baba Adeen of Alimosho Federal Constituency, Hon. Bisi Yusuf, has extended his warm greetings to the Muslim faithful.

In his Eid message titled “Eid Mubarak!”, Hon. Yusuf emphasized the enduring blessings of Ramadan and expressed optimism that the prayers offered during the sacred period would bring divine favor to individuals, families, and the nation.

“The prayers we made—for ourselves, our families, and our great nation—will not go unanswered, In Sha Allah,” the Alimosho All Progressives Congress apex leader assured.

He urged Muslims to continue upholding the core values of Ramadan, including peace, love, patience, and charity, stressing that these principles are essential in fostering unity and driving national progress.

“By lifting one another, strengthening our communities, and working for national progress, we bring positive change to our land,” the two-term former chairman of Ayobo-Ipaja Local Council Development Area stated.

Hon. Yusuf also prayed for the prosperity of Nigeria and divine guidance for President Bola Ahmed Tinubu as he steers the country toward a brighter future.

“May Allah bless our dear nation and guide President Tinubu as he leads us toward a brighter and greater Nigeria,” he added.

The three-term member of the Lagos State House of Assembly concluded his message with a heartfelt Eid greeting to all Muslims: Barka Da Sallah!

 

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Tinubu Signs Historic N54.99 Trillion Budget of Restoration, Promising Economic Revival

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President Bola Tinubu on Friday signed the N54.99 trillion 2025 Budget of Restoration into law, emphasizing that discipline and diligence would guide its implementation. The signing ceremony, held in Abuja, was attended by Senate President Godswill Akpabio, Speaker of the House of Representatives Tajudeen Abbass, and Senate Committee Chairman on Appropriation Sen. Solomon Adeola.

In his address, President Tinubu expressed optimism about Nigeria’s economic future, stating, “Today, we take another bold step in our nation’s journey of economic recovery, stability, and growth with the signing of the 2025 Budget of Restoration. We reaffirm our commitment to securing our future, rebuilding prosperity, and ensuring that every Nigerian shares in the dividends of governance.”
Reflecting on the challenges faced in the past year, the President highlighted the government’s economic discipline and reforms that have yielded positive results. He pointed to a national GDP growth of 3.86% in the final quarter of 2024, marking the fastest growth in three years. Revenues also surged to N21.6 trillion from N12.37 trillion, while the fiscal deficit was reduced from 6.2% in 2023 to 4.17% in 2025.
“These achievements were made possible through economic discipline and strategic reforms,” Tinubu noted. “Forex reforms have restored investor confidence, and we are witnessing the stabilization of our markets. The minimum wage increase to ₦70,000 has also boosted the purchasing power of workers. Infrastructure development is progressing rapidly, with key projects such as the 750km Lagos-Calabar Coastal Highway and the 1,068km Sokoto-Badagry Superhighway,” he added.

The President expressed gratitude to the National Assembly for their swift passage of the budget and called for continued collaboration in its implementation. “We have no dust on our faces or tears in our eyes. We walked together as brothers and sisters. Though the initial outlook was turbulent, we can now see signs of progress,” he said.

He also outlined priority areas in the budget, such as national security, infrastructure, energy, healthcare, education, and human capital development. An increased allocation for agriculture and food security was highlighted as crucial for boosting local food production and preventing hunger across the nation. Additionally, more funds for social welfare programs are set to support vulnerable groups, including youth and women.

However, the President made it clear that the budget’s success hinges on fiscal responsibility. “We cannot spend what we do not have,” he said. He emphasized the need to ensure that every naira spent is backed by actual revenue, with a focus on expanding government earnings and fostering public-private partnerships.
Tinubu also pledged accountability from all government agencies, promising that each department would be held responsible for ensuring prudent spending and delivering value for money. He further explained that efforts would be made to redefine amendments within the Appropriations Act to ensure smooth budget implementation.

Senate President Akpabio assured Tinubu of the National Assembly’s full support, acknowledging that the President inherited a struggling economy and has successfully navigated its recovery through his leadership and expertise.

Finance Minister Wale Edun added that the successful passage of the budget was the result of continuous collaboration and analysis between the executive and legislative arms of government.
As Nigeria embarks on the implementation of the ambitious budget, all eyes will be on the government to fulfill its promise of economic restoration and growth.

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