Headline

Otedola, Elumelu Call For African Unity, Condemn Attacks In South Africa

Published

5 years ago

September 4, 2019

Editor

Billionaire businessman, Mr Femi Otedola and Africapitalist cum Chairman, UBA Plc, Mr Tony Elumelu have both called for Africans to eschew violence and embrace unity in the wake of widespread attacks in South Africa.

Taking to their social media pages, the two passionate businessmen noted that though sad that some South Africans were killing citizens of other African Countries, it was an opportunity for Africa to come together and seek a lasting solution to the problem.

In an instagram post Otedola wrote “My heart cries for my Nigerian brothers and sisters who have been senselessly killed in South Africa. I strongly condemn this hateful discrimination and xenophobia. I pray for us to come together as a continent to fight this injustice.

Elumelu on his part wrote on facebook ”

“Africa is such a beautiful and blessed continent and we Africans are our greatest resource. I’ve always known and felt this.

“As a young man when we started at Standard Trust Bank, banks were still focused on metropolitan areas but we wanted to give opportunity to everyone and create access to financial services for all around the country. So we left the city and we expanded all over Nigeria. UBA Group was a one country operation in 2005 when I took over as CEO following the merger but our strategic intent was to do what we did with Standard Trust Bank and expand this time all over Africa bringing excellence in financial services and again – access. And uniting Africa through banking.

“Today we are in 20 countries and waxing stronger. After I left as CEO of UBA, my sights still set on Africa, I founded the @Tony Elumelu Foundation and this time, finally can proudly say today that we are empowering young African men and women in all 54 countries across the continent.

“The reasons have never changed. I believe in Africa and I believe in Africans.

Our greatest threat in Africa is not our Fellow African brothers and sisters. It is Poverty! And as I have often said , Poverty anywhere is a threat to all of us everywhere.

“Let’s not lose sight of our shared destiny.

“It is only together that we can face our common enemy- Poverty. We need to stop attacking each other but rather embrace one another and work together to uplift our continent and be our brother’s and sister’s protectors wherever we may find ourselves. This is the only way to our economic liberation and prosperity.

“We must say no to barbarism and savagery. Deliberately and violently mutilating, destroying , and killing our brothers & raping our sisters in such brutal and evil way is un-African, bad and dehumanizes us all. Instead, we must always seek to elevate, protect and help one another.

I am Saddened by this! It is despicable and pure madness!”

#SayNoToXenophobia

#TOEWay #UnitingAfricaForProgress

#Africapitalism

Headline

Humphrey Nwosu Dies in US, Ohanaeze Rues Non-Recognition of Ex-Electoral Commissioner

Published

1 day ago

October 24, 2024

Eric

A former Chairman of the National Election Commission (now the Independent National Electoral Commission), Prof. Humphrey Nwosu is dead.

He died at the age of 83.

Nwosu, who conducted the June 12, 1993 election annulled by former President Ibrahim Babangida, served as Chairman of NEC from 1989 to 1993.

He hailed from the Ajali community in Orumba North Local Government Area of Anambra State.

Although no official statement has been released by the family, a source close to the family said the deceased, born on October 2, 1941, died in a hospital in Virginia, United States of America in the early hours of Thursday.

The source said, “Yes, Prof died this morning in a hospital in Virginia, USA, after a brief illness. The family will soon issue a statement on it.”

He presided over the June 12, 1993 election, widely regarded as Nigeria’s freest and fairest.

Chief Moshood Abiola of the Social Democratic Party defeated Bashir Tofa of the National Republican Convention.

However, the subsequent annulment of the election plunged the country into political turmoil and prolonged military rule until Nigeria’s return to democracy in 1999.

Reacting to the news in an interview, the apex Igbo socio-cultural group, Ohanaeze Ndigbo, lamented that the deceased died without being celebrated by the country, despite his significant contributions to Nigeria’s electoral system.

The acting National President of Ohanaeze Ndigbo, Chief Damian Ogene, who reacted on behalf of the body, pointed out that while the acclaimed winner of the June 12, 1993, presidential election, the late MKO Abiola, was remembered and immortalised, the late Humphrey Nwosu was never honoured.

He said, “Until his death, no one, including the Federal Government, recognised this man, despite the fact that he put his life on the line to save the country’s democracy.

“Late Humphrey Nwosu was my brother; we belong to the same Orumba North Local Government Area of Anambra State and as a matter of fact, he is my kinsman. It is sad that successive administrations in the country never acknowledged him, not even by naming a federal institution after him.

“There are others in his position who might have compromised, but he stood his ground and ensured that the electoral wishes and aspirations of the Nigerian masses were realized.

Headline

Tinubu Reshuffles Cabinet, Sacks Five Ministers, Merges Ministries

Published

3 days ago

October 23, 2024

Eric

President Bola Tinubu has dismissed five ministers from his cabinet and appointed seven new ones as part of a cabinet reshuffle.

The President re-assigned 10 ministers to new portfolios and nominated seven new ministers for Senate confirmation.

He dismissed Uju-Ken Ohanenye as Minister of Women Affairs, Lola Ade-John as Minister of Tourism, Tahir Mamman as Minister of Education, Abdullahi Gwarzo as Minister of State for Housing and Urban Development, and Jamila Ibrahim as Minister of Youth Development.

Among the nominees, Tinubu selected Bianca Odumegwu-Ojukwu as Minister of State for Foreign Affairs and Nentawe Yilwatda as Minister of Humanitarian Affairs and Poverty Reduction, marking the official end of suspended Betta Edu’s tenure.

Other nominees include Maigari Dingyadi for Minister of Labour and Employment, Jumoke Oduwole for Minister of Industry, Idi Maiha for the newly established Ministry of Livestock Development, Yusuf Ata for Minister of State for Housing and Urban Development, and Suwaiba Ahmad for Minister of State for Education.

“The appointment of Shehu Dikko as Chairman of the National Sports Commission.

“The appointment of Sunday Akin Dare as Special Adviser to the President on Public Communication and Orientation working from the Ministry of Information and National Orientation,” the President said.

The President appreciated the outgoing members of the Federal Executive Council for their service to the nation while wishing them the best in their future endeavours.

He then charged the newly appointed ministers and their reassigned colleagues to see their appointment as a call to serve the nation.

Source: Nairametrics

Headline

FG Drops Money Laundering Charges Against Binance Chief, Gambaryan

Published

3 days ago

October 23, 2024

Eric

The Federal Government on Wednesday withdrew the money laundering charges preferred against Binance Holdings Limited executive, Tigran Gambaryan.

Binance, its U.S. head of financial crime compliance, Gambaryan, and the exchange British-Kenyan regional manager for Africa, Nadeem Anjarwalla, were facing money laundering charges to the tune of $35 million brought against them by the Economic and Financial Crimes Commission.

Gambaryan and Anjarwalla were initially both detained in the custody of the office of the National Security Adviser.

Anjarwalla, however, fled lawful custody on March 22, 2024, while his counterpart, Gambaryan, was arraigned in April.

Following his arraignment, the court ordered his remand to Kuje Correctional Facility.