Headlines
Kano Assembly set to honour young tricycle rider that returned N15m to owner
Nasiru Yusuf Ibrahim
The 40 members of the Kano House of Assembly (KNHA) would contribute a percentage from their salaries, to a 22-year-old Auwalu Salisu, a tricycle rider that returned the missing N15 million to a Chadian in Kano, to show their appreciation for his sincerity
KANO FOCUS recalled that the Chadian man boarded Salisu’s tricycle over the weekend but forgot the huge money when he came down from the tricycle.
However, just about some minutes after the Chadian alighted the tricycle, Salisu saw the money and immediately proceeded to where the Chadian man came down, but all. efforts to locate him was not successful.
When Salisu reached his house, he informed his mother and father about the money somebody had left inside his tricycle, his father quickly informed his senior brother, and they all directed him that he must find a way to return the money to the owner
However, a source close to the family revealed that Salisu’s father is an old man, and the family faced economic hardship when Salisu discovered this huge amount of money.
In the desperate move, for Salisu to return the money to the owner, an announcement was made over the radio, that a Chadian man had forgotten a huge amount of money inside a tricycle, and that whoever found the money should call the number dictated.
Salisu, after hearing the announcement over the radio, made a call to the Chadian man.
Salisu told him that since he had already heard over the radio, the best place to meet would be the very radio station and there and then Salisu went to the radio station and in the presence of everybody, Salisu handed the money to the head of the radio who gave the money to the Chadian man.
However, when the lawmakers learnt about the gesture and sincerity demonstrated by Salisu, they were impressed and resolved that something must be done for him( Salisu)
This then prompted the lawmakers to take the decision to compensate him, with part of the salary as widows mite to Salisu.
This was the sequel to a motion of personal explanation, sponsored by a member representing the Doguwa constituency, Alhaji Salisu Muhammad.
During the plenary, presided over by the speaker Alhaji Isma’il Jibril Falgore, Muhammad argued that the tricycle rider, 22-year-old Auwalu Salisu, has proven his integrity by returning the missing money, despite his family condition, and the economic hardship in the country.
Responding, the speaker of the Kano State House of Assembly, Alhaji Isma’il Jibril Falgore, pointed out that, KNHA would invite the tricycle rider to present their donation.
All 40 members representing 44 local government areas in Kano supported the motion and pledged their support to Auwalu Salisu, motivating him and encouraging others to emulate his good character.
Kano State Governor Abba Kabir Yusuf has taken a decisive step to address the prolonged challenges faced by Kano students unable to access their academic certificates throughout Ganduje’s administration.
In a statement issued by the governor’s spokesperson, Sunusi Bature Dawakin Tofa, on Monday, it was revealed that Governor Yusuf held a critical meeting with the management of Near East University in Cyprus to tackle the issue.
The discussion focused on the overdue release of certificates for Kano students who graduated between 2015 and 2019.
Many of these graduates, particularly from fields such as Medicine and Nursing, have been unable to advance in their careers due to the non-payment of tuition fees by the Ganduje led immediat past administration.
The governor described the situation as a major setback, not only for the affected students but also for the state, which has been deprived of skilled professionals in critical sectors particularly the healthcare service.
However, he expressed optimism following what he called fruitful discussions with the university management aimed at settling the liabilities and facilitating the release of the certificates.
“This situation has been a significant setback for our children, hindering their dreams and aspirations, and it has also affected our state, which is in dire need of their expertise,” the governor remarked.
“One cannot imagine that as governor, Ganduje cannot pay for tuition of these medical students who much need for immediate employment with Kano state government, it is a shame on him”
“We remain committed to prioritizing education and the welfare of our people as a foundation for sustainable growth.”
Governor Yusuf’s intervention underscores his administration’s resolve to address systemic challenges in the education sector.
The anticipated resolution of this issue is expected to enable the graduates to fulfill their potential and make meaningful contributions to Kano State’s development.
This effort signals a new chapter of hope for the affected graduates and reaffirms the government’s commitment to building a brighter future for its citizens.
Nasiru Yusuf Ibrahim
Bayero University, Kano (BUK) received five teams from the National Universities Commission (NUC) on Monday, December 9, 2024, to accredit nine academic programmes.
KANO FOCUS reports that the programmes under review include BSc Chemistry, Biology, Physics, Mathematics, Computer Engineering, BSc Forensic Science, Masters in Entrepreneurship, Early Childhood Education, and Primary Education.
This marks the third phase of BUK’s ongoing accreditation process, following the successful review of 30 programmes between November 18 and 30, 2024 under phase one and two.
Speaking on behalf of the Vice-Chancellor, Professor Sagir Adamu Abbas, the Deputy Vice-Chancellor (Academics), Professor Sani Muhammad Gumel, emphasized the significance of accreditation as a peer-review exercise that enhances the quality of teaching and research at the university.
Professor Bashir Maina, speaking on behalf of the teams, highlighted their mission to assess the programmes and provide recommendations in line with global best practices.
The Director of Academic Planning, Professor Yusuf Garba, explained that the current accreditation process is part of the final phase, which involves the evaluation of 22 programmes in total.
The NUC accreditation teams are expected to submit their findings and recommendations to the Vice-Chancellor later this week.
Zulaiha Danjuma
The rise of digital payment systems in Nigeria has transformed the way people conduct financial transactions.
KANO FOCUS reports, In Kano, traders in the Hausawa Sabon Titi community have been at the forefront of this shift, embracing digital payment solutions to facilitate their daily business activities.
The introduction of the MoniePoint POS machine has revolutionized businesses in the area. Mr. Kabiru Yahaya, a provision store owner, noted that the cash squeeze prompted him to adopt the MoniePoint POS machine. “Most of our customers prefer to pay electronically, so we had to adapt to meet their needs,” he explained.
Similarly, Yusuf Usman, a bread and tea vendor, reported that 85% of his customers use ATM cards, mobile wallets, or phone transfers to make payments. “The MoniePoint POS machine has made it easier for me to receive payments and make payments to suppliers too,” he said.
Provision Shop at Sabontiti, Kano
Benefits of Inclusive Instant Payment Systems
The adoption of inclusive instant payment systems has not only improved business operations but also enhanced financial security. Mr. Usman noted that the use of digital payments has reduced the risk of robbery and burglary.
Inclusive instant payment systems offer several benefits
Increased financial inclusion: IIPS provides access to financial services for underserved populations, promoting economic growth and development. According to the Central Bank of Nigeria (CBN), the number of Nigerians with access to financial services increased from 36.8% in 2016 to 63.2% in 2020.
Improved economic efficiency: Digital payments reduce transaction costs, increase the speed of transactions, and enhance the overall efficiency of the economy. A study by McKinsey found that digital payments can increase GDP by up to 6% in some African countries.
Reduced risk of cash transactions: IIPS minimizes the risks associated with cash transactions, such as robbery, burglary, and counterfeiting. According to the Nigerian Inter-Bank Settlement System (NIBSS), the value of digital transactions in Nigeria increased by 50% in 2022, reaching ₦10.9 trillion.
Bread seller
Nigeria’s Cash Crunch Drives Digital Payments
Nigeria’s economy has traditionally relied heavily on cash transactions. However, the COVID-19 pandemic and subsequent lockdowns accelerated the adoption of digital banking and inclusive instant payment systems. The government’s efforts to curb excess cash circulation and promote digital payments have further driven the growth of IIPS.
According to data from the Central Bank of Nigeria (CBN), the number of active mobile money agents in Nigeria increased from 10,000 in 2019 to over 1.4 million in 2022.
Challenges and Limitations of IIPS
Despite the benefits of IIPS, there are challenges and limitations to its adoption. Some of these challenges include:
*Infrastructure constraints:* The lack of reliable internet connectivity and electricity in some areas can hinder the adoption of IIPS. According to the Nigerian Communications Commission (NCC), the country’s internet penetration rate stood at 44.6% as of 2022.
*Security concerns:* The risk of cyber attacks and data breaches can deter some individuals and businesses from adopting IIPS. According to a report by KPMG, the average cost of a data breach in Nigeria is estimated to be around ₦2.5 billion.
*Regulatory issues:* The lack of clear regulations and guidelines can create uncertainty and confusion for providers and users of IIPS. According to the Central Bank of Nigeria (CBN), the regulator is working to develop a more comprehensive regulatory framework for digital payments in Nigeria.
Expert Reaction
Dr. Tijjani Ahmed, a Senior Lecturer at the Hussaini Adamu Federal Polytechnic Kazaure and a Research Fellow at the African Center for Tax and Governance, explained that the advancement of digital technology and the introduction of digital instant payments have increased financial inclusion for small businesses.
Dr. Tijjani Ahmed
“Prior to 2015, Nigeria had experienced low financial inclusion, with over 40% of the populace financially excluded,” he explained. Dr. Ahmed noted that this excluded demographics were not just individuals but also businesses that were in need of financial inclusion.
“Largely, the businesses in Northern Nigeria are informal, and one of the requirements in this modern age is to be banked and run a business account,” he said.
Dr. Ahmed added that with the advent of inclusive instant payment services like MoniePoint, the majority of small businesses are now able to be involved in the financial system, making and receiving payments, paying bills, and keeping track of their financial inputs and outputs.
“The Nigerian government has a target to phase out cash transactions by 2030; these digital financial technologies will help this transition, making businesses resilient because without these financial inclusive platforms and no cash, business will die,” he said.
The adoption of inclusive instant payment systems in Nigeria has transformed the way people conduct financial transactions. As the country continues to navigate its cash crunch, the growth of IIPS is expected to drive financial inclusion, improve economic efficiency, and reduce the risks associated with cash transactions. With the increasing adoption of IIPS, Nigeria is poised to make significant strides in promoting financial inclusion and driving economic growth.
As the country continues to evolve and adapt to the changing financial landscape, it is essential to address the challenges and limitations associated with IIPS to ensure its sustainable growth and development.
This story is produced under the Digital Public Infrastructure (DPI) Fellowship of the Media Foundation for West Africa (MFWA) and Co-Develop in partnership with Kano Focus Newspaper online.
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