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Plateau Killings: POHri Urge Govt and Security Agencies to be more proactive 

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POHri Plateau Our Heritage Revival Initiative

A socio-cultural group, Plateau Our Heritage Revival Initiative (POHri) has expressed sadness over the resurgence and unabated attacks, wanton killings, and destruction of property in some communities in Mangu Local Government Area of Plateau State.

The group stated this in a statement signed by is Chairman Hon. Alex Kwapnoe and Comr. Friday Bako the Secretary of the group and made available to journalist in Jos on Friday, 19th 2023.

The statement further reads;

This wicked act of criminality is highly condemnable and calls for more proactive and strategic measures to nip the ugly situation in the bud before it degenerates into a situation that may not be contained. We condemn these unprovoked killings in the strongest possible terms and call for speedy actions to stem further escalation. 

It is also sad that the attacks and killings are coming after intelligence information about possible attacks on the communities were in circulation before the attacks which led to large scale killing of innocent souls and the destruction of unquantifiable property. It is therefore incumbent on Government at all levels and the security agencies to live up to their constitutional responsibilities securing the citizens and State at large. 

Government and security agencies must make deliberate efforts to protect the lives and property of the Citizens which is their cardinal constitutional responsibility. 

*RECOMMENDATIONS*

1. It is important to make concerted effort towards not only arresting but neutralizing the perpetuators of this heinous crimes against humanity to serve as deterrence to other criminal elements. 

2. We have lost lives, property and means of livelihoods. Let it be on record that the killings are deliberate attempts by the attackers to kill, takeover and forcefully occupy the lands of the victims. This is the situation in many communities in Barikin Ladi, Riyom, Bokkos and Bassa LGAs that have been witnessing such hostilities.

It is obvious that Plateau State is under siege and the marauders are hellbent in achieving their genocidal and land grabbing plan. Therefore, Government and security agencies must be decisive in dealing with the criminal elements involved. 

3. We call on the Citizens to do what is expected of them to repel and protect themselves and their communities against this bloodsucking marauders. Government is called upon to look at our laws on gun handling and enact or amend the laws which supports stiffer penalties in a way that it may serve as its readiness to defend the people, after all, we are a federation.

4. We equally put a humble but urgent request on Government through its appropriate agencies such as National Emergency Management Agency (NEMA) and its State Counterpart, SEMA to as a matter of urgency set in motion plans to step in with relief that will ameliorate the sufferings of the people affected.

We sympathize with those who lost their loved ones and pray for their souls to rest in peace.

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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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