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SPPG Graduation: Stakeholders advocate ways to fix Africa’s leadership lapses

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SPPG Graduation: Stakeholders advocate ways to fix Africa’s leadership lapses

Lingering economic crisis, insecurity, famine and the rise in number of coup d’etats in Africa are fallout of  poor quality of political leadership across the continent,  stakeholders have warned.

Speaking at the just concluded 2023 School of Politics, Policy and Governance (SPPG)Graduation in Abuja, the stakeholders who are Africa’s thought leaders,  called for unity and reawakening of political consciousness among Africans to  fix Africa’s leadership crisis.

The speakers at the event include SPPG Convener and Nigeria’s former Minster for Education,  Dr. Obiageli Ezekwesili, Kenyan-based activist, Boniface Mwangi; Tunisian activist, speaker and diplomat,  Aya Chebbi; Accomplished Lawyer from Kenya, Martha Karua; Zimbabwean politician and one of the top leaders of the Citizens Coalition for Change political party, Gift ‘Ostallos’ Siziba and Senior Programme Officer and Acting Deputy Director, Mac-Arthur Foundation, Africa office, Amina Salihu.

Others are a Parliamentarian from Zimbabwe, Joanah Mamombe, a Chartered Accountant from Sierra Leone, Yvonne Aki-Sawyerr,  Political Scientist from Senegal, Marieme Cisse; Transformation strategist from Nigeria, Alero Ayida-Otobo, among others.

The event themed:  “Renaissance Africa: The Era of Citizens shaping new Leadership Model for Good Governance” , saw the graduation of over 100 SPPG students. 

Participants described the event as a great opportunity Africans have been waiting for to help in building a new model and pipeline of public leadership to reverse acute governance failure and leadership gaps in the continent. 

Ezekwesili, charged Africans to participate fully in politics and lend their voices to matters that affect their future.

She disclosed the  Africa still contended with bad leaders despite millions of talented people in the continent, adding that the trend must be reversed.

 “We want an Africa that is governed by persons of character, competence and capacity that will transform nations. We are tired of bad leadership and the frequency with which that comes in. The conversation within and outside on the reason Africa is behind all other nations throws up a really big challenge,” she stated. 

“We cannot simply accept the idea of poor leadership in the public management of our continent. So, SPPG has worked to bring interconnectedness that also mirrors where Africa is going. It, thus, matters that citizens make effort to change things that are unacceptable. A continent with enough pool of talents has done incredible things, both within and outside.”

According to her, speakers at the event showed that Africa is not lacking is individuals that can lead the continent to propensity and stability.

“Africa has chosen the path of democracy, and if we look at historical numbers, more countries that have enjoyed prosperity have come through the democratic path. So, democracy is very important because it comes with political freedom. With political freedom, comes rule of law which is the cornerstone of economic freedom. Economic freedom leads to proliferation of ideas, innovation and creativity. With democracy, the two most important economic agenda for countries is solved faster and better.” 

Continuing, Ezekwesili, said: “Competitiveness and productivity are all based on empirical data. So, if we know all those things, we cannot then sit back and hope that somehow change will come. If Africans want to transform their politics and just sit back, hoping that those, who have entrenched poor governance as political culture, will someday fall in the kind of Apostle Paul and have a Damascus experience, we will wait forever. That is not something that this generation should do.”

Mwangi, urged African leaders to purge themselves of colonial mentality and look inwards. He said, “Africa’s biggest problem is its leadership and we have to fix that. Driving from Abuja Airport to the hotel, I saw very magnificent buildings; they were neither schools nor residences, but churches. There lies our problem. We focus a lot on religion and we need to fix that”. 

“Our leaders have copied the white man’s ways. When the white man colonised our continent, he took our lands, minerals, everything. When we kicked them out, we took the bad habits. Our continent, our land used to be communal, but we have become very western in our ideals. So, we have 10 billionaires and a billion poor in Africa. That needs to be fixed.”

Young people, he asserted, needed to take over power. But that is when Africans stop spending more time praying than politicking, thus making politics their way of life because politics is the reason unemployment, insecurity and poor healthcare abound. 

“The biggest mistake the young people have made in this continent is to serve the old people of yesteryears. So, we need to think how to have, across Africa, a pan-African movement to fix our leadership because if we don’t fix our leadership, we will be doomed. The people we have in power are neocolonial stooges; they work for the white man. The money stolen in our continent goes abroad,” he said.

In her submission, Karua assured that the hopes of Africans must be restored. She said, “We need to restore hope in our people. Our culture in Africa is respect, oneness and love. We are now lost people. We are neither Africans not outsiders. 

“If you love Africa, you will not wage war against your people. Even your people will rebel against you. I think this is a good place to start. We need to reflect on the things we will do. One finger cannot kill a fly. We are here to create a political miracle to solve the problems of Africa. We need a revolution. I do not mean a coup. There is a civilian revolution.”

SPPG holds graduation, raises disruptive leaders to transform Africa

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SPPG holds graduation, raises disruptive leaders to transform Africa

The School of Politics, Policy, and Governance has scheduled a series of events to commemorate the graduation of its Class of 2023, taking place from October 5th to 7th, 2023.

The graduation ceremony, which holds at the National Universities Commission, Abuja, will bring together disruptive political and community leaders, SPPG students and alumni, the #FixPolitics Work Study Group community and value-oriented politicians in Africa to discuss new ways to lead effectively in the continent.

The  SPPG was established to help in building a new model and pipeline of public leadership to reverse acute governance failure and leadership gaps in Africa. 

The SPPG has for years built a reputation for equipping leaders wth the  right values, knowledge and skills required to solve complex public problems.

“Part of the activities slated for the hybrid three-day event include the inaugural Africa Conference, a convergence of political leaders and citizen-led movement advancing good governance across Africa, which will culminate in the graduation of the third cohort – #SPPGClassof2023,” the Chief Executive Officer of SPPG, Mrs Alero Ayida-Otobo, said. 

The theme of the Africa Conference is, ‘Renaissance Africa: The Era of Citizens Shaping a New Leadership Model for Good Governance’. 

“The conference will examine ways of transforming African governance at the levels of political leadership, institutions and policies, citizen engagement and participation in the short, medium and long terms,” said Ayida-Otobo. 

She added, “At the end of the programme, Africa’s new leaders and active citizens will be connected to share experiences and inspire one another as they develop a sustainable system for emergence of ethical, competent and capable public leaders at scale for good governance.”

There will be special recognition and group awards for outstanding individuals, faculty, mentors and groups, who excelled as SPPG students and/or contributed significantly to the SPPG community, among others.

The conference will see distinguished speakers from the SPPG Nigeria and other African countries including Senegal, Sierra Leone, Kenya, and more, as well as SPPG students and alumni. They will also participate in breakout sessions, where participants would share the outcomes of their discussions and work towards actionable solutions.

The graduating class and members of the SPPG Alumni Network will embark on the SPPG tradition of a Citizen’s Awareness Walk to deepen their commitment to a connected and resilient Nigeria. 

The closing, dedicated to the SPPG graduation, will enable the #SPPGClassof2023 to share knowledge, inspire action and celebrate their achievements.

Accolades as Obiano, father of modern Anambra, clocks 68

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Accolades as Obiano, father of modern Anambra, clocks 68

*Residents extol selflessness, commitment to citizens’ wellbeing

 

Father of modern Anambra State, Chief Willie Obiano, on Tuesday, August 8, 2023, marked his 68th birthday. 

The former Anambra governor is known for building massive infrastructure, funding education, promoting good governance and passion for charity.

While in office as governor from 2014 to 2022, his accomplishments blossomed, impacting many people within and outside the state positively. 

Akpokuedike, as he is fondly called, ranks among the best governors Anambra has produced in the Fourth Republic. 

Anambra joined the league of oil-producing states during his tenure, and the state has earned over N7bn as derivation since July 2022.

Obiano, who succeeded Peter Obi as Anambra helmsman, is not only passionate about seeing the people happy and prosperous, but gives to the less-privileged to make life better for everyone.

That explains why  every of Obiano’s birthday, since he became governor, has become a period of celebration for  citizens and residents of Anambra because of the peace and prosperity he brought to the state during his tenure.

Michael Oduah, a trader in Onitsha Main Market, said Obiano’s tenure was the best for him so far, as his business witnessed exponential growth.

“Our businesses thrived because of the peaceful atmosphere created during his tenure. We congratulate him for this milestone of a new age and for the giant strides he made during his tenure as Anambra governor,” he said.

Nnewi-based business woman, Roseline Okafor, described Obiano as a kind-hearted governor, who fought for his people to have a good life. 

“He is a good politician, who is never desperate for power. Another attribute of Obiano that is rare in this clime is that, unlike other former governors, who see the Senate and other political offices as their retirement benefit, he handed over without going to the Senate, giving others opportunity to also build their political careers,” she said.

Mrs Adanna Ezennia, a teacher based in Awka, the state capital, said she would never forget the outstanding performance of Obiano in the education sector.

“Governor Obiano loves to see the education sector thrive. He made sure that the schools were equipped and teachers motivated. We will continue to miss his sterling leadership qualities,” she said.

She added that having received quality education, Obiano does not joke with education, especially that of children.

Obiano affirmed this when he said, “It was one of my initiatives to demonstrate my belief that every Nigerian child has the right to access quality and affordable education in a peaceful and secured environment. Hence, I initiated ‘No Child left Behind’ policy – an inclusive policy to recruit more teachers and educate all children across the state.”

He further enhanced this policy by building hundreds of school blocks and creating of Anambra Teach-on-Air programme for radio and television, to eradicate illiteracy. He was a true champion of justice and equity and fought for the rights of the most vulnerable.

Ezennia disclosed that Obiano had been feeding communities and individuals quietly as part of his plan to give back to society.

“It is obvious Obiano has accomplished so much in life, but his selfless impact on humanity is particularly endearing. He is a strong and compassionate leader, who always put the people around him first. He made Anambra a better place to live and do business.

“Obiano tarred over 1,000 kilometres of road, built 17 bridges and three iconic flyovers in Awka. He was the first to integrate social media and e-Governance. The workers were not ignored. He paid salaries and pension, in line with his commitment to deliver on physical and human infrastructure,” she added.

The International Cargo and Passenger Airport, Umuleri; the 13,000-capacity Convention Centre, Awka, and the FIFA-rated Awka City Stadium were all built during Obiano’s tenure.

Obiano’s positive records were also evident in other notable areas, such as the completed Onitsha Shopping Mall and Agulu Lake Hotel, as well as rebuilt roundabouts across the state,” she stated.

Afrinvest guides investors on investment opportunities for huge returns in period of reforms

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Afrinvest guides investors on investment opportunities for huge returns in period of reforms

Afrinvest West Africa Limited has provided intelligent guidance to domestic investors on opportunities available in this period of massive reforms across key sectors of the economy.

At the company’s mid-year investment parley held on Tuesday in Lagos, the Group Managing Director, Afrinvest West Africa Limited, Ike Chioke, spoke on the opportunities provided by the naira and energy reforms to investors and how they could be explored for optimum returns on investment.

Speaking on the theme: “The Turning Point: Positioning for Optimal Return,” he called on investors to position themselves for the opportunities in the economy, which had been magnified by ongoing reforms.

Chioke said the factors seen in both domestic and global economies showed that the country’s economy was at turning point for greatness.

“We’ve seen global inflation rates are dropping alarmingly over the last six, seven months. We’ve seen that the rate tightening by global central banks have kind of come to a point where they are pulling back. They have achieved the objective of reining in inflation. For Nigeria, the new government and ongoing forex reforms also have implications,” he said.

He said removal of the petrol subsidy was expected to provide fiscal savings of N2tn in 2023. This, together with earnings from improved oil exports and non-oil sources, would buoy revenue.

According to him, although the naira has been devalued by significantly about 40 per cent, but it has great benefits, including government making huge savings around N2tn, just from the subsidy removal.

He however, kicked against spending the savings on palliatives, saying “a palliative is not a permanent solution.”

Chioke added that the forex reforms by the Central Bank of Nigeria “has raised hope on sustainable economic development.”

He said the spike in forex rate at the parallel market would be short-lived as more foreign investors pump dollars to the economy.

He said naira would face pressures at the parallel market but that would be for a short time. He said the bigger picture was that more foreign direct investments would find their way into the economy.

“The forex reforms has rekindled hope of domestic and foreign investors in the economy, and we expect it to pay out positively on the naira and foreign reserves in the long run,” he said.

On his part, the Managing Director of Afrinvest Consulting, Abiodun Keripe, said the reforms were courageous, and were previously thought impossible. He said the reforms in the forex market had opened the possibility of Nigeria growing its foreign reserves to $60bn by year end.

He said achieving the target will require increased oil production, boost in diaspora remittances, sustenance of tax and oil subsidy reforms.

Keripe said implementing these reforms would also strengthen the naira from current status to around N550/N600/$ by year end.

Keripe said that despite the improved export earnings, Nigeria’s heavy dependence on importation impeded the trade balance gains.

“No policy can artificially fix the rate at 600 without further worsening the delicate condition. In fact, the incentives to substantially push the exchange rate lower are quite minimal for revenue mobilisation,” he said.

He explained that more interesting to investors was also the impact of forex unification on the reduction in government deficit by about N350bn (greater gain from oil revenue vis-à-vis increase in external debt service).

He said: “Inflation is likely to touch 24.0 per cent before decelerating in fourth quarter on the back of the base effect and weakened demand pressure. Hence, monetary policy would tread cautiously by maintaining the status quo.

“We expect a more market-responsive FX rate, which will boost investors’ confidence and enhance trade and capital flows. However, the path to FX stability would be somewhat rocky. The FX rate is expected to stay above N700 in the near to medium term,” he projected.

“The removal of the petrol subsidy and the process to stop the electricity subsidy are expected to keep prices elevated for the rest of 2023. Although this would spur an improved and more efficient allocation of resources by the Federal Government. Investors interest in alternative investments has consistently improved in the last decade. Thanks to innovative financial products that have consistently addressed its drawbacks — illiquidity, prolonged gestation period, lumpiness, and relatively high expense ratio,” Keripe stated.

He advised investors to remain overweight in fixed-income investments, with a particular emphasis on yield play.

“Sovereign with strong fundamentals should be the center of focus while corporates should also take a substantial part for stability. The juiciest yield are seated on the short and belly of the curve. A higher yield with a shorter maturity will deliver a better risk- adjusted return,” he said.

“Given that we expect muted volatility toward the downside, activity should be moderate. The surest bet remains to long the market. However, investors can short when the opportunity arises,” he added.

Also speaking, Managing Director/Chief Business Officer, Optimus by Afrinvest, Mr Ayodeji Eboh, said the reforms represented a turning point because with Nigeria’s new government, there was going to be short term pains, which would ease as time progresses.

He however, said savings from subsidy should be tied to specific projects, that add value to the people.

He kicked against sharing palliatives, saying such move would not enable the government to achieve desired goals for the people.

He called for investment in infrastructure and in boosting policies that promote ease of doing business.

Ubabukoh family releases burial plans for veteran journalist

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Ubabukoh family releases burial plans for veteran journalist

The Ubabukoh family of Ngo Village in Igbo-Ukwu, Aguata Local Government Area of Anambra State, has announced April 25, 2024 as the burial date for their patriarch, brother and uncle, Mr Ifeanyi John Ubabukoh, who passed on to glory on February 18, 2024.

The deceased was a columnist and former Chairman of the Editorial Board, Champion Newspapers. He had worked with The Mail, where he edited both the Sunday and daily editions of the newspaper.

The frontline journalist enriched his resume at the National Concord, where he rose from the position of Chief Correspondent to News Editor.

As part of the pioneer staff of New Nation, Ubabukoh’s dexterity earned him special bonus twice from the Publisher, Gbolabo Ogunsawo, and promotion from Feature Writer to Features Editor.

Upon retiring from Champion Newspapers, he served as Senior Special Assistant on Communication to then Anambra State Governor, Mr Peter Obi, between June 2009 and June 2012.

According to a statement by his son, Mr Ozioma Ubabukoh, on behalf of the family, there will be a Service of Songs on Wednesday, April 24, 2024 at the late journalist’s residence (John Ubabukoh’s compound) in Ngo Village.

The remains, the statement added, will leave Apex Mortuary, Igbo-Ukwu, on Thursday, April 25 for lying-in-state at Ubabukoh’s compound in Ngo.

“Funeral service will commence by 10a.m. and interment will take place by noon at Ubabukoh’s compound,” he stated.

Ozioma Ubabukoh, who is the Principal Consultant at Plexus Media Interlinks (Plexus), a brand management consulting firm, and spokesperson to former presidential candidate, Dr Obiageli Ezekwesili, said his late father would be remembered for his engaging wit, humility and generosity, regretting that “death called him when his wealth of knowledge and experience was mostly needed.”

The late Ubabukoh is survived by his wife, sons, daughters, in-laws, siblings, grandchildren, and other relations, he noted, adding that Outing Service for the patriarch would hold on Sunday, April 28, 2024 at the Holy Trinity Anglican Church, Igbo-Ukwu.

#FixPolitics Africa hails Faye’s election, urges fair leadership

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#FixPolitics Africa hails Faye’s election, urges fair leadership

#FixPolitics Africa has applauded the election of President Bassirou Faye of Senegal, describing it as the triumph of the democratic spirit and collective will of the Senegalese.

Founder, #FixPolitics Africa, Dr Obiageli ‘Oby’ Ezekwesili, said Faye’s election reaffirmed the faith of the Senegalese in the principles of democracy, transparency and accountability.

She stated, “Your victory serves as an inspiration, not only to the people of Senegal but to citizens across the continent, who aspire to live in societies governed by justice, equality and freedom.”

According to the economic policy expert, Faye’s election at this critical juncture, when there has been some measure of democratic deceleration in West Africa, comes as a beacon of hope for Senegal and all of West Africa.

Ezekwesili, who was Nigeria’s former Minister of Education as well as Solid Minerals, praised the resilience of Senegal’s democracy and its capacity to overcome challenges. She also lauded the unwavering commitment of the Senegalese to a peaceful and democratic resolution.

“Throughout the political crisis and the extended period of citizen engagement, the people of Senegal demonstrated their steadfast belief in the democratic process and their determination to shape the future of their nation through active participation. We commend the unwavering commitment of the Senegalese to a peaceful and democratic resolution through free, fair and violence-free electoral process,” she noted.

To 44-year-old Faye, she said, “As President, your vision, leadership and commitment to upholding democratic norms and priorising the needs of citizens will not only play a pivotal role in steering the country towards peace, prosperity and stability but will equally send a powerful signal to the world that democracy has come to stay in Africa.”

Ezekwesili disclosed that #FixPolitics Africa is committed to promoting democracy, values-based leadership, good governance, as well as sustainable human and economic development across Africa.

The initiative, she noted, stands ready to support the vision of Faye’s administration to promote good governance, foster socio-economic development and advance the well-being of all Senegalese.

“We believe that through collaboration and partnership, we can find innovative solutions to help your government build a brighter future for Senegal and its people. We are confident that under your leadership, Senegal will regain its footing as a champion of democracy, human rights and good governance in Africa. We look forward to witnessing the positive impact of your developmental policies and initiatives on the lives of the Senegalese,” she added.

The advocate for transparency, accountability, good governance and human capital development wishes for a successful and unifying presidency and for Faye’s tenure to “be marked by a just and inclusive progress, stability and the continued flourishing of Senegal’s vibrant democracy.”

#FixPolitics Africa is a research-based citizens-led initiative conceived to counter the intractable problems of poor governance by acknowledging the centrality of politics in building effective states and shaping development outcomes in Africa.

#FixPolitics lauds Otti for good governance, citizens-focused leadership

#FixPolitics has lauded Abia State Governor, Dr Alex Otti, for his citizens-focused leadership and good governance initiatives.

Writing on half of the Chairperson of #FixPolitics Initiative, Obiageli Ezekwesili, and members of the Work Study Group, the Executive Director, #FixPolitics Initiative, Anthony Ubani, extended sincere commendation and support to Otti’s citizens-focused leadership and good governance initiatives since assuming office as the Governor of Abia.

According to Ubani, #FixPolitics is particularly delighted and encouraged by the passage into law of a bill, HAB 11, to revoke the Abia State Governors and Deputy Governors Pensions Law No 4 of 2001.

“The passage of this bill into law represents a commendable response to the citizens’ longstanding call for the repeal of the obnoxious law mandating payment of outrageous life pensions and other enviable benefits to governors and their deputies.

“HAB 11 is a good governance policy that will reduce the cost of governance, free up resources that can be redirected towards meaningful development projects, and serve as a compelling good governance example for other states to follow. Indeed, this legislative policy opens a new chapter of hope in the responsible management of state resources,” Ubani said.

The ED noted that the “initiative recognises the importance” of encouraging leaders, who listen to the needs of their people and act in their best interest.

“As a social enterprise committed to building a new generation of public service leaders, who are disruptive in their thinking and dedicated to the good of the nation, ready to serve the well-being of Nigerians and lead with Character, Competence and Capacity, #FixPolitics recognises the importance of encouraging leaders, like your good self, who listen to the needs of their people and act in their best interest.”

“It is with this in mind that we express our sincere commendation for the political will and courage of your administration in revoking ‘The Abia State Governors and Deputy Governors Pensions Law No 4 of 2001’,” Ubani stated, while encouraging Otti to continue to steer Abia towards a brighter and more prosperous future.

#FixPolitics Africa is a research-based citizens-led initiative conceived to counter the intractable problems of poor governance by acknowledging the centrality of politics in building effective states and shaping development outcomes in Africa.

Obiano congratulates Soludo on two years in office

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Obiano congratulates Soludo on two years in office

Immediate past governor of Anambra State, Chief Willie Obiano, has congratulated his successor, Governor Chukwuma Soludo on his remarkable two years in office.

Obiano commended Soludo’s initiatives in road construction, education and healthcare, urging him to continue the good work.

In a statement released by his Chief Publicist,  Tony Nezianya, the former governor appealed to Soludo to address the excesses of some government officials in the execution of their duties.

He emphasised the importance of responsible governance and encouraged Soludo to ensure that all public officials uphold these principles in their work.

Obiano requested Soludo’s attention to several legacy projects left behind by his administration, particularly the Anambra International Cargo and Passenger Airport, Umueri.

”The airport is a significant infrastructure, and its proper maintenance will provide economic opportunities and improved transportation for Ndi Anambra. Do not abandon these projects but continue their maintenance and development to benefit the people of Anambra.

”I wish you success in your remaining two years of your first term and accept my best regards,“ he said.

Long live Ndi Anambra and the Federal Republic of Nigeria.

Nigeria needs restructuring to work effectively, says Ezekwesili

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Nigeria needs restructuring to work effectively, says Ezekwesili

Pastor of The Everlasting Arms Parish (TEAP), Redeemed Christian Church of God (RCCG), Garki, Abuja, Chinedu Ezekwesili, has said his dream, at 70, is to see a Nigeria restructured for optimum and effective operation to benefit all citizens.

Ezekwesili, the husband of former Minister of Education, Dr Oby Ezekwesili, spoke at a symposium themed, ‘Purposeful Men’ organised to mark his 70th birthday in Abuja on Friday.

The cleric dreams to be alive to see Nigeria become the nation God designed it to be and to see the glory of God over the nation.

“Nigeria is like a troubled house, I wish we can uproot and start afresh. A house with a faulty foundation can only be fixed by uprooting the foundation and creating a new structure. Nigeria, the way it is, cannot survive. There is need to restructure this nation. Unless we come together and decide to move forward, we cannot move forward,” he said.

According to him, it will take leaders, not rulers, to take Nigeria to the right destination.

Praying for Nigeria never to experience war again, the cleric urged the younger generation to seek peace and not war, which would only bring hunger, pain, suffering, underdevelopment, death among other unpleasant situations.

Serving Overseer of the Citadel Global Community Church, Pastor Tunde Bakare, said the story of Oby Ezekwesili could not be told without the giant shoulders of the celebrator, the model of a supportive husband.

“The real man, with his spirit, soul and body well-ordered, is the quintessence of character, competence and capacity, triune qualities, which the Ezekwesilis have been known to champion. The real man possesses such unassailable virtues as love expressed in joy, peace, patience, kindness, goodness, faithfulness, gentleness and self-control. He operates in wisdom, knowledge and understanding, and has the capacity to make a difference in a chaotic world,” he said.

Bakare said the celebrator had, over the years, stood by his wife, Oby, from her days as a member of the Concerned Professionals, when she stood up to the oppressive military regime at the risk of her life, to her time as an agent of disruptive change in government – first as “Madam Due Process” and then as two-time minister.

He said the celebrator also stood solidly behind his wife when she was Vice President of World Bank to the era she rallied the world round the #BringBackOurGirls movement, to the period she stepped into the terrain to contest highest public office in Nigeria, to building the capacity of the next generation of political leaders.

“It takes a man of such strength of purpose and extraordinary character to be husband to such a powerful and purpose-driven woman, as my dear sister, Oby,” Bakare said.

Former Minister of Information, Frank Nweke Jr, described Ezekwesili as a good man, a patriot, a philosopher that inspires mentors, teaches everyone and a real father with uncommon wisdom.

The former minister described the cleric as extremely generous, as he often speaks truth to power.

Nweke said Mr Ezekwesili “has a dedicated team that prays daily for Nigeria” because he believes in the country and wants it to turn around for good.

Wife of the celebrator described him as a super purposeful man to be emulated by the younger generation. She said every second of her husband was always meaningful and purposeful.

The founder of #FixPolitics Initiative asserted that lack of understanding of purpose leads to abuse, whether in the family or public life.

She added, “When you see abuse of opportunity to be a leader, it is lack of understanding of purpose. When you see abuse of family relationship, it is because there is no understanding of purpose. The topic is, you get us as a society to think of purpose. What is the purpose of Nigeria?  Many societies asked that question, and it enabled them to have the right conversation. There are many questions to be asked and when we begin to find answers, we begin to find our way out of the precipice,” she stated.

On behalf of the family, she appreciated the participants at the symposium and those who contributed to the success of the event.

Highpoint of the event was special tributes by the celebrator’s sons, as well as special song rendition by Joan Ogohi and saxophone performances by Temilayo Aboderin among others.

At 70, friends, associates task Ezekwesili on societal impact at 70

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At 70, friends, associates task Ezekwesili on societal impact at 70

Friends, associates and family members have called on Mr Chinedu Ezekwesili, to use the occasion of his 70th birthday to make himself more visible for societal impact.

The pastor is husband to former Education Minister, Dr Oby Ezekwesili.

Speaking during a virtual tributes and prayer evening in honour of Mr Ezekwesili, who turned 70 this month, they said his strenght of character and commitment to better the society should be made more visible for others to emulate.

Many of the participants extolled the virtues of patience, empathy, sacrifice for community good and love for God in the life of the celebrant.

Mr Okey Ikechukwu described him as a man that is widely loved because of his empathy and sacrifice to make the society a better place.

According to him, Mr Ezekwesili is always interested in people’s welfare and has a good knowledge of the scripture.

Ikechukwu said, “As a pastor, his example should be emulated and he should find ways to become more visible in this new phase of life, to impact more people in his service to God and humanity.”

On his part, Allen Manssah, spoke glowingly of Mr Ezekwesili’s role in the return of 132 Chibok girls in the last 10 years. He said, the celebrant, along with his wife, Obiageli, sacrificed so much time and resources to ensure that a large number of the kidnapped Chibok girls were released.

“The couple have been fighting for us in the last 10 years through their lawyers, advocacy and commitment of time and resources to ensure that the 132 Chibok girls returned safely to their homes and continue working to ensure that the remaining 87 of them are returned,” Manssah said.

Another speaker, Rimu Oduaka, described the celebrant as a sunlight in the lives of many people.

She said, “We are happy he is marking his 70th birthday. God will continually strengthen him and give him many more years in good health.”

James Komolafe said there is no dull moment with Mr Ezekwesili.

He said, “In the last 24 years I have known him, Mr Ezekwesili fits into all sizes and shapes, as he steps in to solve people’s problems and provide his fatherly advice.

For Obi Almona, the celebrant is a calm problem solver, who passes same attributes to others.

Akaoma Onyemelukwe said the celebrant is not only spiritual, but encourages people with kind and motivational words. “Your words hold a lot of water. You live by example,” she said.

Dr Otive Igbuzor described the celebrant as a confident man, who supports his wife to achieve her life’s goals.

“Only a strong, quality man can marry a strong woman like Oby. I wish you many more years in the service of God and humanity,” he prayed.

Other speakers include Rama Dialo N’Diaye, James Komolafe, Florence Egopija, Ikechukwu Uzoma, Marshall Gloria Adegbu, Olumuyiwa Ajayi, Fidelis Okei and Aboki Zhara.

In his response, Mr Ezekwesili thanked the participants for their kind words and prayers. He said, “Your words about me are energising me to live up to what is expected of me. By God’s grace, I will never fall short of your great expectations.

“Whenever you meet someone, there is always what to give or learn about ways you can impact positively in the life of that person because you may never meet that person again. Only few people have opportunity to correct their wrongs. I pray that God continues to bless you all.”

Afrinvest ups investment in infrastructure, business with Kano unit inauguration

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Afrinvest ups investment in infrastructure, business with Kano unit inauguration

Afrinvest West Africa Limited will be raising its level of infrastructure investment and commitment to business growth with the openi new office in Kano State.

The Nigerian capital market holding company, with specialised subsidiaries focusing on the unique but integrated wealth management needs of clients in West Africa, also has substantial funding plan for state infrastructure.

Speaking at the inauguration on Thursday, in Kano, the Group Managing Director of Afrinvest West Africa Limited, Mr Ike Chioke, said the company “is focused” on investment banking, securities trading, asset management, trust services, consultancy and technology services.

According to him, investment and support of Kano government through infrastructure funding and business support will accelerate the state’s economic growth. 

He disclosed that Afrinvest financed construction of the multi-million naira Ado Bayero Mall in the state, which would be of great economic benefit to the state’s economy.

Chioke said, “In 2009, Afrinvest focused on technology and capital market, which made it a leading stockbroker in Nigeria. Afrinvest also engages in foreign exchange business that had been digitised to provide efficiency and transparency via its mobile app. The feat aligns with the firm’s resolve to digitise financial market and its other services and make transactions seamless for its clients in different parts of the world.”

The new branch, the MD added, will provide a range of services on financing, road projects, bridges and power projects for Kano and its neighbours.

“We will be able to raise fund to assist Kano government in delivering its developmental projects,” he said.

Kano State Governor, Abba Yusuf, reiterated the state’s readiness to  partner Afrinvest to stimulate businesses and development of infrastructure. 

The governor, who was represented by the Permanent Secretary, Ministry of Finance, Kabiru Magami, disclosed that the inauguration of the new unit in Kano would bring immense economic value to trade and investment in the state.

He disclosed the state’s plan to develop trade, as well as engage in modernisation and expansion of public infrastructure into global standards.

Governor Yusuf lauded Afrinvest’s  achievements in the last 30 years of operation, expressing delight for its choice of Kano in its expansion drive. He promised to provide conducive and secure environment for the company to thrive.

“We congratulate this company for its achievements in the last 30 years and thank you for choosing Kano. The state government will give every support to you. 

“I wish to start by welcoming you to this important event; the opening of your office here, which will definitely add value to trade in Kano. There is no better time for this important decision, as Kano is looking for partners like you. We are going to engage you in enhancing trade in the state. 

“Everyone is aware that Kano is known for its commercial activities, even before the advent of colonialism in Nigeria. We plan to develop trade in the state and engage in modernisation as well as expansion to meet global standards.”

Describing Kano as a commercial hub, the Emir of Kano, Alhaji Aminu Ado Bayero, said the city is always ready to provide the necessary support for the development of the economy.

Represented by Magajin Rafin Kano, Alhaji Abdulqadir Mahmud Chigari, the monarch congratulated the company for opening a unit in the state.

He noted that opening a branch in Kano is a wise decision by the company, adding that the company’s office in Kano would attract clients from other states.

Afrinvest has a team of financial and investment advisory professionals that have demonstrated unparalleled dedication across various solutions and key touchpoints. From stock trading to digital investments, they have focused on pushing boundaries and delivering new solutions in support of clients’ aspirations.

The Optimus by Afrinvest, Afrinvest Securities Limited, Afrinvest Capital Limited, Afrinvest Asset Management Limited, Afrinvest Trustees Limited, as well as Afrinvest Research and Consulting, are the units under which the company delivers its services to clients.

Naira depreciation creates opportunities for businesses to adapt, says Adeleye

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Naira depreciation creates opportunities for businesses to adapt, says Adeleye

Naira fluctuations, which have weakened the purchasing power of consumers, have prompted businesses to adapt to local content, according to Bunmi Adeleye, Chief Strategy Officer of Retail Supermarkets Nigeria Limited, owners of Shoprite Nigeria.

Retail Supermarkets Nigeria was recently acquired by Persianas Investment Limited and other key institutional investors, making it a fully Nigerian-owned business that contributes to the country’s economy and provides employment opportunities for its citizens.

In an interview in Lagos, Adeleye explained that “despite the challenges posed by the naira depreciation, Retail Supermarkets Nigeria has maintained its high-quality products and services for its customers and plans to open more stores that showcase a wide variety of Nigerian-made products and international brands”.

Adeleye explained that like any retail business operating in a continually evolving economic landscape, Retail Supermarkets Nigeria face various challenges, including naira depreciation.

“While the increased costs of importing goods and supply chain disruptions pose challenges, the depreciation of the naira has also created opportunities for growth and localization. Despite efforts to remain competitive, we have adjusted prices to reflect the increased costs, potentially affecting customer purchasing power,” she explained.

Adeleye explained that the company has faced various challenges such as increased costs of importing goods, supply chain disruptions, and product availability due to naira depreciation. However, the company has implemented robust procurement strategies, strengthened local supplier relationships, and focused on sourcing products locally to mitigate challenges and support the economy.

“To overcome the challenges posed by naira depreciation, we have implemented robust procurement strategies, strengthened local supplier relationships, and focused on sourcing products locally to mitigate challenges and support the economy. It also catered for diverse purchasing powers and promoted affordability through promotions and discounts,” she added.

She disclosed that the company is actively exploring opportunities to expand its business operations to better serve communities and provide convenient access to quality products while fostering economic growth and development. To stay ahead of the competition, the company has adopted various strategies such as a strengthened value proposition, enhanced customer experience, efficient supply chain management, technology integration, local sourcing, and continuous innovation.

“We are considering innovative solutions tailored to the specific needs of customers. We aim to provide convenient access to quality products while fostering economic growth and development,” she said.

On competition in the industry, Adeleye emphasized its importance for growth and market development. The company has adopted strategies such as a strengthened value proposition, enhanced customer experience, efficient supply chain management, technology integration, local sourcing, and continuous innovation. Shoprite keeps up with the latest trends to offer relevant and useful products. It trained the staff to provide better customer service and utilised technology to gain insights into customer preferences and optimise operations.

The company is actively exploring opportunities to expand its business operations to better serve communities and provide convenient access to quality products while fostering economic growth and development. To stay ahead of the competition, the company has adopted various strategies such as a strengthened value proposition, enhanced customer experience, efficient supply chain management, technology integration, local sourcing, and continuous innovation.

Adeleye believes that competition in the retail industry is essential because it helps the industry grow and improve. To stay ahead of the competition, the company has adopted strategies such as a strengthened value proposition, enhanced customer experience, efficient supply chain management, technology integration, local sourcing, and continuous innovation. The company has partnered with local suppliers and distributors, providing quality products, fresh fruits and vegetables, ensuring everyday low prices, and easily accessible stores while monitoring industry trends and consumer needs to ensure that offerings remain relevant.

Overall, she noted that the retail industry in Nigeria is thriving and presents good investment opportunities for those interested.

“Retail Supermarkets’ success in adapting to the local market is a testament to the opportunities available for businesses in Nigeria,” she added.

#FixPolitics expresses solidarity with Senegalese over political crisis

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#FixPolitics expresses solidarity with Senegalese over political crisis

As Senegalese navigate the complexities of the political crisis unfolding in the country, #FixPolitics Initiative has expressed solidarity with them and the #FixPolitics Senegal team.

In a statement, yesterday, entitled ‘Standing in Solidarity: A Message of Support for the #FixPolitics Senegal Team and the People of Senegal’, the Executive Director, #FixPolitics Africa, Anthony Ubani, expressed unwavering support and solidarity with the people of Senegal and the #FixPolitics and #FixPolitics Senegal team.

He stated, “I wanted to take a moment to express, on behalf of the Founder, #FixPolitics Initiative, Dr Obiageli Ezekwesili, our unwavering support and solidarity with all of you. Your steadfast commitment to #FixPolitics’ mission and patriotism in actively occupying your #OfficeOfTheCitizen to defend constitutional democracy in Senegal is commendable.

“In this regard, we note and applaud, in particular, the media interviews by you and some of our School of Politics, Policy and Governance, Senegal Faculty, to mobilise public and international attention to the political impasse in Senegal and, the Prof Babacar Gaye-led protest march against the postponement of the election, which the #FixPolitics Country Manager and Staff actively participated in.”

Ubani praised the team’s resilience and commitment to good politics and good governance in Senegal.

According to him, the Senegalese have been tested and they demonstrated their determination and readiness to boldly execute their #OfficeOfTheCitizen, in defence of democracy in Senegal.

He added, “We stand in solidarity with you and the people of Senegal, even as we salute your courage and exemplary leadership.”

Wigwe: Banking industry has lost wizkid, says Obiano

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Wigwe: Banking industry has lost wizkid, says Obiano

Immediate past governor of Anambra State, Chief Willie Obiano, has condoled with the Wigwe family and the banking industry over the tragic passing of the Group Chief Executive Officer of Access Holdings Plc, Herbert Wigwe.

The consummate banker, his wife, Doreen; son Chizi; and former Group Chairman of Nigerian Exchange Group, Abimbola Ogunbanjo, lost their lives in a helicopter crash near Nevada on Friday, February 8, 2024.

Obiano described Wigwe as an intelligent banker, under whom Access Bank was ranked among the top four in the country by the time he died.

He noted that the deceased was about 36 years old when he co-founded Access Bank, a time he was also in the banking industry.

The former governor said: “With a heart filled with deep sorrow, I condole with the Wigwe family and the banking industry as a whole. I pray God to grant the souls of all the victims of the chopper crash eternal rest and give their families fortitude to bear the loss.

“The vacuum Wigwe left in the banking industry will be difficult to fill, if at all it can be filled. Therefore, I urge our colleagues in the industry to take heart and uphold the virtues of integrity that Wigwe left behind. “

Under Wigwe, Access Bank, which had years earlier acquired Intercontinental Bank, also bought Diamond Bank.

Ogundoyin exits Nexford, focuses on Sooyah Bistro expansion

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Ogundoyin exits Nexford, focuses on Sooyah Bistro expansion

Founding member and first Nigeria Country Director of Nexford University, Mrs Olamidun Ogundoyin, has taken a bow from the American university to build Sooyah Bistro into a global brand amid its million dollar expansion plans.

Ogundoyin was the country director, who pioneered Nexford University in Nigeria, between 2018 and 2023.

Before Thursday’s confirmation, business analysts and keen observers of activities at the university speculated, for several months, her true designation.

In putting the speculations to rest, she said the focus had since shifted to expanding Sooyah Bistro, a fast-rising Quick Service Restaurant chain, with outlets in Nigeria.

“Sooyah Bistro has its eyes set on expanding nationally and internationally. The company is seeking new investors to enable it achieve its million-dollar expansion plans,” the company’s founder and Chief Executive Officer stated.

According to Ogundoyin, Sooyah Bistro has been tried, tested and validated in one of the most challenging business environments in the world and continues to see tremendous growth.

“We have brought innovation to an age-old tradition and ran with it; we have completely innovated the suya space in ways no one has ever done before.

“The company has built an ecosystem of skilled Hausa barbecuers and pitmasters, local vendors and young professionals. We have achieved remarkable feats,” she said.

The startup QSR chain believes that food is culture and has the power to transform and uplift communities.

Ogundoyin added, “We are changing the way people eat and think about ethnic foods like suya. We are building connections in meaningful ways to lead and engage culture by using food as a bridge to West African art, music, fashion and beyond.

The educationist-turned-restaurateur advised business owners to be alert and prioritise structure in their companies. “To achieve our ambitious targets, we needed to build proper structures and remain data- and technology-driven,” said the owner of two successful Nigerian businesses.

She explained that the constant need to champion her path was one of the circumstances that brought her this far, adding, “It is time we boasted of true Nigerian successful enterprises expanding our culture and cuisine globally with the support of modern structures and technology.”

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Financial Street

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