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Plateau Killings: 8 Persons Killed in Farin Lamba, Jos South LGA

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Jos Plateau State

In a devastating attack on Sunday night, gunmen suspected to be Fulani herdsmen unleashed terror on Farin Lamba, Vwang District of Jos South Local Government Area, leaving eight people dead, including an eight-month-old baby. The incident adds to the escalating violence that has plagued several communities in Plateau State, namely Riyom, Barkin Ladi, Jos South, and Mangu Local Government Areas, since the conclusion of the 2023 General Elections.

According to reports, the assailants arrived at Farin Lamba in a Vectra vehicle and indiscriminately opened fire on the victims who were returning home after a day’s activities. Tragically, the eight-month-old baby and her father were among those who fell victim to the brutal attack while making their way back from the hospital.

Prior to this unprovoked assault, numerous communities in Riyom, Barkin Ladi, Jos South, and Mangu Local Government Areas had already witnessed the deliberate destruction of farmlands and the brazen grazing of over 300 hectares of land. Additionally, there have been daily ambushes and killings of innocent individuals on motorcycles after Ta-hoss village in Riyom LGA, along the Abuja highway, resulting in the loss of four lives and one person sustaining injuries.

The Berom Youth Movement (BYM), led by Solomon Dalyop Mwantiri, Esq., strongly condemns this attack and all other forms of provocations unleashed on innocent people in Plateau State since the conclusion of the 2023 General Elections. However, there is some hope as Major General Abdulsalam Abubakar, the new General Officer Commanding 3 Armoured Division Maxwell Khobe Cantonment, recently announced his commitment to dealing ruthlessly with criminal elements and restoring peace to communities affected by attacks in Plateau State and the Joint Operation Area as a whole. This commitment brings optimism for lasting peace in the region.

The BYM extends gratitude to the federal and state governments for deploying Mobile Police Officers to communities that have been frequently targeted by bandits in Riyom and Mangu Local Government Areas. This deployment has significantly reduced the number of attacks in the past three weeks. However, the organization urges for further deployment of personnel to cover communities in Barkin Ladi and Jos South Local Government Areas to address the security challenges more effectively.

With the recent appointment of new Service Chiefs, the BYM anticipates the implementation of fresh strategies to tackle the security situation in the country, specifically in Plateau State. In light of these developments, the Berom nation is called upon to remain calm, abide by the law, and continue supporting all efforts aimed at bringing about peace in their communities.

The brutal attack in Farin Lamba serves as a stark reminder of the urgent need for enhanced security measures and a comprehensive approach to addressing the prevailing security challenges in Plateau State. The government, security agencies, and the entire community must work together to restore peace, protect lives, and ensure the safety of all citizens.

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NAICOM Begins Issuance of New License Certificates to Recapitalised Firms

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BY NKECHI NAECHE-ESEZOBOR—National Insurance Commission (NAICOM), on Tuesday presented new Licence Certificates to insurance companies that successfully met the Commission’s new minimum capital requirements.

In his opening remarks, the Commissioner for Insurance (CFI) congratulated the successful companies and stated that the issuance of the new licences marks a significant milestone in the recapitalization programme.

He noted that the development signals the beginning of a new regulatory era focused on stronger capitalization, improved corporate governance, enhanced product innovation, and the Commission’s broader drive to build a stronger, more resilient, and globally competitive insurance industry in Nigeria.

The Commissioner urged the companies to leverage their enhanced capital base to drive innovation, develop new products, and deepen insurance penetration across the country.

He emphasized that the Commission has high expectations for professionalism, innovation, operational efficiency, and improved returns on investment, noting that the successful completion of the recapitalization programme positions the industry for the next phase of regulatory reform.

He further announced that the Commission’s next major regulatory initiative will be the implementation of the Risk-Based Capital (RBC) framework, under which insurers’ capital levels will be aligned with the risks inherent in their business portfolios.

The Commission reaffirmed its commitment to removing regulatory impediments where appropriate while maintaining robust oversight and enforcing standards that protect policyholders and strengthen market confidence.

A total of 43 insurance companies that were declared compliant with the new capital requirements are expected to receive their new licences from the Commission.

The issuance of the certificates marks the commencement of a phased transition to higher capital standards aimed at enhancing the financial capacity, solvency, and claims-paying ability of insurance operators in Nigeria.

The post NAICOM Begins Issuance of New License Certificates to Recapitalised Firms appeared first on Business Today NG.

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Disney+ looks to TikTok creators to bring fan content to its short-form video feed

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Disney is partnering with TikTok to bring Disney-focused fan content directly into the Disney+ app. The companies are starting with a pilot program in the U.S. in the coming months, and plan to expand to additional markets later on.

As part of the agreement, fan-made videos on TikTok about Pixar, Marvel and Star Wars will also be featured in the “Verts” section of Disney+, the streamer’s short-form video feed that rolled out a few months ago. 

Disney has been working to flesh out the amount and variety of content on the video feed. The company late last year committed to making a significant $1 billion investment in OpenAI as part of a three-year licensing deal that would let people create short videos using Disney characters on the AI lab’s video generation platform, Sora. However, those plans fell through after OpenAI suddenly decided to shut down Sora in March.

This partnership with TikTok seems like a natural progression of that, especially as many streaming platforms are competing with social platforms for users’ attention. This competition is partly why Disney launched the Verts feature in the first place, along with Netflix, HBO Max, and Prime Video

The deal also indicates that Disney is acknowledging that the next generation of talent is on social media. The company said that, through the newly launched Disney Creator Ambassador Program, TikTok creators will gain access to the media giant’s vast library of content, as well as opportunities to earn rewards, increase visibility, access exclusive events, and career opportunities. 

Other streaming services, such as Tubi and Peacock, have collaborated with TikTok creators to produce original long-form content for their platforms.

The timing of the announcement aligns with Disney’s Q3 results. The company reported its subscription video-on-demand (SVOD) operating income more than doubled to $712 million from $329 million a year earlier. Plus, in a restructuring move, Disney has decided to shift its consumer products business from the Experiences division to Studios.

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