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Canada targets 485,000 immigrants in 2024 who are skilled workers, care givers

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Canada has announced new immigration levels plan for skilled workers, caregivers, families, and other classes.

In a statement on Wednesday, the citizenship and immigration Canada (CIC) said the North American country will target the admission of 485,000 new immigrants.

“In 2025 and 2026, Canada will look to welcome 500,000 new immigrants in each year,” the statement added.

According to the Canadian government, the immigration plans will be for economic, family, refugee, and humanitarian classes.

Categories of the economic classes include high-skilled workers, business owners, and caregivers, while the family option of the immigration plan covers parents, children, and grandparents.

The economic category of the immigration plan recorded the highest slots with about 281,135 immigrants in 2024 – 58 percent of the country’s annual target.

“By 2026, this will rise to 301,250 immigrants, or 60% of the annual target,” the statement added.

Economic immigrants are selected for their skills and ability to contribute to Canada’s economy.

“This plan is tailored to support economic growth while balancing with the pressures in areas like housing, healthcare and infrastructure,” the Canadian government said.

“It charts a responsible course for sustainable and stable population growth.”

“Starting in 2026, the government will stabilize permanent resident levels at 500,000, allowing time for successful integration, while continuing to augment Canada’s labour market.

“The government also plans to take action over the next year to recalibrate the number of temporary resident admissions to ensure this aspect of our immigration system also remains sustainable.”

WHY IS CANADA SEEKING IMMIGRANTS?

Owing to a low birth rate, Canada has continued to record low rates of labour force which in turn, slows down economic growth.

Low economic growth makes it difficult for Canada to raise the taxes it needs to support social spending on services such as education, health care, and other important areas that provide high living standards in the country.

As such, the country heavily relies on economic immigration as a major driver of its revenue.

In 2022, Sean Fraser, Canada’s minister of immigration, refugees and citizenship, said the country was looking to welcome 1,450,000 migrants between 2023 and 2025 to tackle the problem of labour shortage.

In May, Fraser announced the introduction of faster temporary resident visa (TRV) processing and more considerate application measures.

Business

Julius Berger hands over Second Niger Bridge to FG

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The federal government has taken delivery of the second Niger bridge from Julius Berger, seven months after it was commissioned by former President Muhammadu Buhari.

David Umahi, minister of works, while addressing journalists on Sunday after inspecting the project, said he is satisfied with the level of work done.

Umahi described the project as “impeccable, very beautiful and well completed”.

He said efforts are ongoing to mount street lights on the bridge.

“What we have agreed is to deploy solar solution in the coming weeks so that every night we don’t have to run diesel,” NAN quoted Umahi as saying.

“The roads are going to be completed when we have completed the two inter changes, one is taking us off from Asaba town to cut off the traffic and the other one is going to be done by Reynolds Construction Company (RCC) Ltd.

“President Bola Ahmed Tinubu is very committed to the project and we are going to acquire more, so that we can build service stations, filling stations, restaurants and super markets and other facilities as we see in the western world.

“We are determined to do that; the need to do this with the inter changes is going to be a very smart one, so that over the years we can have a beautiful and maintained road.”

The minister further assured of security on the bridge, noting that CCTV cameras would be installed and some security personnel deployed, so that travellers could get security assistance within five minutes.

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UBA wins ‘African Bank of the Year’ award in eight countries

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United Bank for Africa (UBA) has been named the ‘African Bank of the Year’ at the 2023 Bankers Awards organised by The Banker Magazine — a publication of the Financial Times of London.

UBA Group won nine awards at the event, according to a statement on Sunday.

Dominating the African continent, UBA not only clinched the title of African Bank of the Year at the event, but also propelled its subsidiaries to victory in eight additional African nations.

The bank’s subsidiaries in Cameroon, Chad, Ghana, Cote d’Ivoire, Mozambique, Congo, Sierra Leone, and Tanzania all emerged as the Bank of the Year in their respective countries.

According to the statement, it would be the second time in the past three years that the bank has won the regional award as the best bank in Africa, after winning the title in 2021.

Oliver Alawuba, UBA’s group managing director, said the recognitions come as a reassurance that the bank is on track in its goal of consolidating its leadership position in Africa, and creating superior value for its stakeholders.

“UBA is honoured to be named the Bank of the Year in these eight countries and to receive the overall Award for Africa,” he said.

“This accomplishment is a testament to the hard work, dedication, and innovative spirit of the entire UBA team.

“We remain committed to delivering top-notch banking services that positively impact the lives of our customers across the continent.

“We have our millions of customers across the globe and our many thousands of staff to thank for this. They are the very reason why we keep winning and receiving these accolades.”

Joy Macknight, editor of the Banker Magazine, said UBA remains a clear winner across a wide range of criteria, having performed impressively across its footprint with a strong financial performance across most of its markets.

“In a year of strong competition among the continent’s major banking groups, UBA has gained the edge on its rivals to win the Bank of the Year award for Africa for the 2nd time in three years,” she said.

“The award recognises the bank’s strength across Africa, including many of its most competitive markets.”

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Ogun state government shuts three industries over environmental infractions

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The Ogun State Government has shut down three industries in the state for flouting various environmental infractions that go against the environmental best practices in the state.

The affected companies are Ruili Recycling Limited, Mowe, Robust International PTE Limited also in Mowe, and Star Pipe Limited, Sagamu.

The Ogun State Commissioner for Environment, Ola Oresanya gave the order for the closure of these companies, according to a press release published on the official X (formerly Twitter) handle of the Ogun State Government.

Oresanya revealed that the infraction of Ruili Recycling Company was discharging its wastes and stormwater into their immediate environment, especially on the premises of Christopher University which exposed the students to avoidable danger.

Furthermore, the commissioner noted that the pet bottle recycling company was guilty of refusing to obtain drainage approval to properly channel the unwanted water to the appropriate place, as well as burning all its solid wastes within its premises contrary to the state’s Environmental Laws.

For Robust International PTE, the commissioner cited the illegal demolition of a fence bounding the company and Christopher University to reclaim some portion of land and subsequently divert stormwater into the premises as part of the infractions levelled against them.

Furthermore, Oresanya said Robust International PTE also failed to heed the government’s directives for proper remediation.

Star Pipe Limited located in Sagamu, Oresanya said the company failed to install effluent treatment plants in their facilities as they discharge raw and hydraulic acid into their immediate environment. This, according to the commissioner, has led to contamination of the groundwater of these communities which has made the water unsafe and unhygienic.

Oresanya declared that the three companies will remain shut until they correct all the lapses detected and adhere to the best global environmental standards that the state government has adopted.

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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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