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Nigeria at 66: Adeboye Says Grassroots Sports Must Be Central to Nation-Building

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The Senior Special Assistant to the President on Grassroots Sports Development, Hon. Adeyinka Anthony Adeboye, has congratulated Nigerians on the country’s 66th Independence anniversary, calling for renewed commitment to nation-building and greater investment in young people through grassroots sports.

Adeboye said Nigeria’s Independence anniversary should provide an opportunity not only to celebrate the country’s journey but also to reflect on the responsibility of every citizen and institution to contribute towards building a stronger nation.

He noted that President Bola Ahmed Tinubu’s Renewed Hope Agenda places significant emphasis on youth opportunities and grassroots inclusion, while the President has also directed reforms aimed at strengthening development pathways and accountability within Nigerian football.

According to Adeboye, sports remains one of Nigeria’s strongest instruments for national unity, youth empowerment and international recognition, making grassroots development particularly important to the country’s future.

“As Nigeria celebrates 66 years of Independence, we must remember that nation-building is a collective responsibility. Everyone has a role to play, and from our own responsibility in grassroots sports development, we must continue creating opportunities that allow young Nigerians to discover their talents, develop their potential and contribute positively to the country,” Adeboye said.

The Presidential aide said the administration’s renewed attention to sports provides an opportunity to establish sustainable structures capable of identifying and developing talents from communities and schools across the federation.

President Tinubu has previously described young Nigerians as an important driver of the country’s future, identifying sports among the sectors through which his administration is seeking to expand opportunities for them.

Adeboye said Nigeria’s sporting history demonstrates how athletes from modest backgrounds can become national heroes when provided with the right opportunities.

“Every champion begins somewhere. Many of the athletes who have carried our flag proudly around the world started from schools, streets and community competitions. Our responsibility is to ensure that the next generation has an even clearer pathway from the grassroots to the podium,” he said.

He added that sports should increasingly be viewed beyond medals and trophies, stressing its capacity to create employment, promote discipline, strengthen communities and provide productive opportunities for Nigeria’s youthful population.

Adeboye also called for greater collaboration among federal and state governments, local councils, schools, sporting federations, communities and the private sector in developing facilities and competitions at the grassroots.

He said the Office of the SSA would continue working towards initiatives capable of taking sporting opportunities closer to young Nigerians and strengthening talent discovery nationwide.

“At 66, our message is one of hope, unity and responsibility,” Adeboye said. “We have challenges, but we also have extraordinary human potential. Through sports, we can unite our people, empower our youth and build champions who will carry Nigeria’s flag with pride.”

He wished President Tinubu, Nigerian athletes, sports stakeholders and citizens at home and in the diaspora a peaceful 66th Independence anniversary, urging Nigerians to continue believing in the possibilities of the country.

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‘My Mother Wanted Me Married, Not Playing Football’ — U-17 Captain Harmony Chidi

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Nigeria U-17 captain Harmony Chidi has shared the personal challenges she faced while pursuing her football career, revealing that her mother initially opposed her decision to play the sport and wanted her to get married instead.

Speaking about her early journey in football, Chidi explained that her grandmother was the only person who encouraged her to keep pursuing her dream despite the lack of support at home, Sports247 gathered.

“When I started football, my mama didn’t allow me play. She didn’t want me playing football; she wanted me to get married. Only my grandma encouraged me, and now my grandma is no more. It’s just me and my mum now,” Chidi said.

Her revelation highlights the personal obstacles she had to overcome in order to pursue a career in football, with her grandmother playing a significant role in encouraging her ambition.

Despite the challenges, the young Nigerian captain remains determined to make her mark in the game and has set herself an ambitious target.

Chidi declared that she hopes to surpass the achievements of Super Falcons legend and former African Footballer of the Year, Asisat Oshoala.

“My dream is to be greater than Asisat Oshoala,” she said.

Her ambition reflects the confidence and determination she carries as she continues her development in the game. Oshoala’s achievements have made her a reference point for aspiring Nigerian female footballers, and Chidi now hopes to carve out a legacy of her own.

For the U-17 captain, the journey is about more than playing football; it is also about pursuing a dream that was not initially supported by those closest to her.

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Veritas Kapital Assurance Records 54% Growth in Total Assets to ₦54.56 Billion, Strengthens Financial Position

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Veritas Kapital Assurance Plc has recorded a 54 per cent increase in total assets to ₦54.56 billion as at September 30, 2026, compared to ₦35.40 billion recorded in the corresponding period of 2025, reflecting growth in the company’s financial position.

The company’s unaudited financial results for the nine months ended September 30, 2026, also showed a 60 per cent increase in total equity, which rose from ₦19.12 billion in 2025 to ₦30.59 billion.

This growth was supported by an increase in share capital from ₦6.93 billion to ₦14.43 billion and share premium from ₦663.6 million to ₦8.16 billion.

Further reflecting the growth in its financial position, cash and cash equivalents increased by 28 per cent, from ₦7.98 billion to ₦10.17 billion, while investment securities held at amortised cost more than doubled, rising from ₦12.45 billion to ₦25.64 billion.

The company also recorded a 34 per cent increase in net investment income, from ₦2.61 billion in the corresponding period of 2025 to ₦3.51 billion in 2026. This performance reflects the contribution of its investment portfolio to income during the period.

Commenting on the results, the Managing Director/Chief Executive Officer, Dr. Adaobi Nwakuche, said: “Our nine-month performance reflects notable developments in our financial position, particularly the growth in our asset base, equity position and investment income.

“As we continue to build on these gains, our focus remains on strengthening our core insurance business, enhancing operational efficiency and improving overall business performance.

“Our commitment to meeting our obligations to policyholders remains central to our business as we work towards delivering sustainable value to all stakeholders.

The results also highlight areas requiring continued management attention within the company’s underwriting operations. Insurance revenue stood at ₦15.41 billion, compared to ₦16.31 billion in the corresponding period of 2025, while the company recorded a loss after tax of ₦3.84 billion, against a profit after tax of ₦4.12 billion in the previous year.

This performance was largely attributable to increased insurance service expenses and net expenses from reinsurance contracts held.

Overall, the results reflect growth in Veritas Kapital Assurance’s asset base, equity position and investment income, alongside areas for improvement in its insurance operations.

The company remains focused on strengthening its core business, enhancing operational efficiency and sustaining its commitment to delivering dependable insurance solutions and long-term value to its stakeholders.

About Veritas Kapital Assurance Plc
Veritas Kapital Assurance Plc is a Nigerian insurance company providing general insurance solutions to individuals and businesses. The company is committed to delivering reliable insurance services and building lasting relationships with its customers and stakeholders.

The post Veritas Kapital Assurance Records 54% Growth in Total Assets to ₦54.56 Billion, Strengthens Financial Position appeared first on Business Today NG.

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