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Plateau Police Commissioner Decorates 104 Newly Promoted Officers

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On Tuesday, Emmanuel Adesina, the Commissioner of Police for Plateau State, decorated 104 newly promoted officers during an elaborate ceremony at the Officers’ Mess in Jos. The event was attended by heads of security agencies, traditional and religious leaders, as well as the family and friends of the promoters.

During the ceremony, the Commissioner of Police charged the officers to be steadfast, diligent, and responsible in their new capacities. He emphasized the importance of maintaining high standards of professionalism and integrity in their duties, reminding them of the critical role they play in maintaining peace and security in the State.

The Plateau CP commended the newly promoted officers for their hard work and dedication to duty, which has led to their promotion. He described the upliftment in rank as “Well Deserved.”

Adesina took out time to remind the officers that the new ranks come along with higher responsibilities; and urged them to brace up for the challenges ahead and remain dedicated to their duties.

The CP encouraged them to serve the people of Plateau State with confidence, honour and distinction congratulated the newly promoted officers and wished them success in their new roles.

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Events

Intellectual Muslims Forum Distributes Rice to Communities Across Plateau Ahead of Eid-el-Kabir

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The Plateau State chapter of the Intellectual Muslims Forum has distributed bags of rice to Muslim communities across the 17 Local Government Areas of the state as part of efforts to support residents ahead of the Eid-el-Kabir celebrations.

The distribution exercise was carried out under the palliative initiative of Nigeria’s First Lady, Oluremi Tinubu, which involves the distribution of 100 trucks of rice and N1.2 billion worth of palliatives to states across Northern Nigeria and the Federal Capital Territory (FCT).

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Speaking during the distribution, representatives of the forum said the gesture was aimed at easing the economic burden on vulnerable families and enabling Muslim faithful to celebrate the forthcoming Eid-el-Kabir festival with relief and joy.

Beneficiaries drawn from various communities across Plateau State expressed appreciation for the intervention, describing it as timely in view of the current economic realities.

The forum reaffirmed its commitment to supporting humanitarian initiatives and promoting the welfare of Muslim communities across the state.

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Sovereign Trust Insurance Targets Growth With ₦5.02bn Offer

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BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance (STI) Plc has launched a ₦5.02 billion Rights Issue aimed primarily at strengthening its capital base and positioning the company for future growth in line with evolving regulatory requirements in the Nigerian insurance industry.

The company’s Managing Director and Chief Executive Officer, Dr. Lucas Durojaiye, said the capital raise is part of STI’s broader strategy to reinforce its financial stability, improve operational capacity and secure a stronger position within the insurance market.

According to him, the Rights Issue will help the underwriting firm exceed the recapitalisation benchmark introduced under the Nigeria Insurance Industry Reform Act (NIIRA) 2025 while enhancing the company’s ability to meet claims obligations and sustain long-term growth.

Durojaiye explained that the company’s current asset base stands above ₦27 billion and noted that the additional capital injection from the Rights Issue and strategic investors would further strengthen the firm’s financial standing.

He also stated that the fresh funds would support technology upgrades, expansion of digital insurance platforms and the development of innovative insurance products targeted at emerging risks and underserved sectors of the economy.

The STI boss added that the company plans to expand its market presence and improve service delivery through enhanced digital channels, including online policy processing and claims management systems.

“Our strategy is focused on building a stronger and more competitive insurance company. A robust capital base is critical to achieving our growth objectives and positioning Sovereign Trust Insurance among the top players in the Nigerian insurance industry,” Durojaiye said.

He urged shareholders to fully subscribe to the Rights Issue, describing it as an opportunity to strengthen their investment in the company while supporting its long-term expansion plans.

The Rights Issue is currently open to existing shareholders, with application forms available through licensed stockbrokers and the company’s investor platform.

The post Sovereign Trust Insurance Targets Growth With ₦5.02bn Offer appeared first on Business Today NG.

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