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Double Honours for Princess Rosemary Osula Mku-Atu



Touching people’s lives comes naturally to multiple award-winning philanthropist and businesswoman Princess Rosemary Osula Mku-Atu.The epitome of beauty and scion of the Osula royal family in the Benin kingdom, has impacted several lives positively through the Rosula Foundation, the non-govermental organization she formed to put smiles on the faces of the indigent in the society.

And she never gets tired of giving hope to the hopeless, of giving succour to the downtrodden, of quenching the thirst of the masses. It was for this reason that Osula Mku-Atu was honoured recently as the Grand Patron of the International Student Film Festival, ISSFS.

Dr Lancelot Oduwa Imasuen, founder of the ISSFS, said Osula was unanimously selected by the Board of Advisers headed by Prof. Backleys Ayakoroma, due to her giant strides and monumental services to humanity.

To add another feather to her distinguished cap, she was also, recently, the recipient of the Oodua Influential special Recognition Award, OSRA.

The organizers of the awards ceremony described her nomination as a reward for her meritorious services and selfless efforts toward supporting the Oodua people and their heritage.

Indeed Osula Mku-Atu’s double recognition did not by any means come as a surprise. Variously described as a business mogul, a role model extraordinaire, an educationist par excellence, she has over the years demonstrated uncommon selflessness and charity through her various philanthropic interventions in various sectors of the society.

She is a study in perseverance, courage, ingenuity, vision and the quest to realize humanity’s noblest and vital aspirations.

She is also determined to help fight poverty with education through Rosula Foundation’s scholarship programme that provides opportunity for indigent students to study in private Nigeria Universities. Till date, hundreds of brilliant young kids that would have been out of school are graduates in medicine, engineering, law, and other sciences.
Her intervention has received accolades both within and outside Nigeria.

Osula Mku-Atu’s acts of charity are legion. For instance in the educational sector, over 500 indigent students of Igbinedion University Okada are beneficiaries of the Rosula Foundation “My Dream Scholarship Programme.’ The various scholarships that were provided them have seen many of them though the university, while others are still benefitting from the programme.

In a similar vein, the foundation is sponsoring 21 students at the Afe Babalola University, Ado-Ekiti; 48 students at Mkar University, Mkar-Gboko, Benue State; as well as 61 students at Crescent University, Abeokuta.

A very distinct feature of the scholarship programme is that the beneficiaries cut across the various disciplines and not limited to Medicine, Law, Engineering, Pharmacy, Nursing, etc. And most recently the foundation has entered into similar partnership with Wellspring University, Benin City, Benson Idahosa University, Benin City and KolarDaisi University, Ibadan.

The Rosula Foundation Scholarship Programme, is by no means her only intervention in the universities. The Rosula Foundation is currently interfacing with the Igbinedion University Okada (I.U.O).

The Rosula Foundation and the university are currently in a partnership towards the establishment of the first ever Executive Business School in Southern Nigeria – The Igbinedion University Okada _ Rosula Executuve Business Sshool (IUO-REBUS) – for the awards of doctorate degrees in Business Administration The curriculum and style of lecture deliveries is second to none amongst Universities in Black Africa.

As at 2022, the Memorandum of Agreement (M.O.A) was already in place, and the building complex for the School near completion, for the eventual take-off of the programme.

Still, not done yet, the Benin Princess is not limiting her charity works to only the education sector. She has gone beyond that. For instance, the Ogida Police Mobile Barracks in Benin- City was given a face lift, when a massive twin structure was constructed there.

Four other existing blocks at the barracks received the much-needed rehabilitation, providing them with two industrial bore-holes, perimeter fencing, and comprehensive solar lighting, all courtesy of the Rosula Foundation.
The project was commissioned by Governor Godwin Obaseki of Edo State, who was represented by His deputy, Philip Shaibu.

The indigenes of Edo State also benefited immensely from the palliatives that Osula Mku-Atu distributed through her foundation, throughout the three senatorial districts of the State, as a way of alleviating the sufferings of the citizenry, during the Covid-19 Pandemic.

Her foundation has also spent millions procuring and distributing food staples like rice, beans, garri, noodles, etc to the needy in the society.

The Rosula Foundation is also playing a very major role in creating employment opportunities for the teeming population.

No doubt, Osula Mku-Atu is indeed a role model. Only recently she was conferred with the prestigious Ambassador for Peace (AFP) by the Universal Peace Federation, an organ of the United Nations with consultative status.

She has also been the recipient of several awards and an honorary doctorate degree.They include :
Honorary Doctorate Degree in Business Administration by the Crescent University, Abeokuta, October 2021; The Vanguard Woman Entrepreneur of the Year 2020; Global Excellence Communications Excellence Recognition Award, ERA 2021; Tell Communication’s 2020 Nigerian Women of Distinction and Across Africa Distinguished Leadership and Development Award 2020; Fellowship of Chartered Institute of Cost Managers of Nigeria; and on the 9th. of September, 2022, Wellspring University, Benin-City, gave her an Honorary Doctorate Degree in Business Administration.

Other awards include: Award of Excellence for Selfless Service to Humanity 2022, by Miss Corporate Nigeria (Beauty Pageant), the Niger-Delta Most Outstanding Entrepreneur and Most Celebrated Humanitarian Of This Age by Edo Legacy Foundation Inc. Igbinedion University, Okada has also honoured her with a Doctorate Degree (Honoris Causa) in Management Sciences.

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Court Denies Binance Executive Tigran Gambaryan Bail




Justice Emeka Nwite of the Federal High Court Abuja, on Friday, refused to grant bail to an executive of Binance Holdings Limited, Tigran Gambaryan.

Justice Nwite held that Gambaryan is likely to jump bail if granted to him.

The company and its executive were arraigned on a five-count charge bordering on money laundering before Emeka Nwite, judge of a Federal High Court in Abuja.

The defendants pleaded not guilty to the charge.

Moving an application, Counsel to the Defendant, Mark Mordi, argued that the court had the power to grant bail to the defendant and impose conditions to ensure his presence in court.

The prosecution counsel, Ekele Iheanacho, however opposed the bail application, stating that the defendant is a flight risk.

He stated that the defendant attempted to obtain a new passport, which he claimed was stolen, and this is a suspicious act given the proximity to his colleague’s escape from custody.

He added that the court cannot risk granting Gambaryan bail, especially as he is not attached to any community in Nigeria.

“The fact that the passport of the defendant is with the complainant does not guarantee that he will remain in Nigeria because the defendant is not only an American citizen but also an Armenian citizen by birth.

He urged the court to refuse the application and instead remand him in EFCC custody to ensure his safety and prevent potential flight risk.

Delivering ruling, the judge said several factors including the nature of offence and its severity must be considered when trying to decide whether or not bail should be granted to the defendant applicant.

Justice Nwite agreed with the depositions made by prosecution and was of the view that the applicant will jump bail if bail is granted to him.

He subsequently ordered that the trial be given an accelerated hearing.

After the ruling, the EFCC called its first witness, a staff of the Securities and Exchange Commission (SEC).

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Governor Adeleke Felicitates with Dele Momodu at 64




The Executive Governor of Osun State, Senator Ademola Adeleke has felicitated with the celebrated journalist, and Publisher of Ovation Magazine, Akinrogun Dele Momodu on the occasion of his 64th birthday, describing him as “a pride of the media industry.”

Governor Adeleke noted Akinrogun Momodu’s heartwarming contributions to a just and equitable society, saying he has touched the minds and hearts of countless people with insightful words, logistic support and unwavering dedication to truth and justice.

The Governor appreciates the Ovation Magazine Publisher’s sustained commitment to informing and enlightening the public as a weapon of nation building, acknowledging him as an inspirational figure, who has empowered readers to think critically, and engage meaningfully.

“I congratulate my dear friend, Akinrogun Dele Momodu, on the auspicious occasion of his birthday. The Aare Tayese of Iwoland is a unique personality, who has touched lives positively and brought smiles to countless faces,” the Governor was quoted in a congratulatory message, signed by his spokesperson, Mallam Olawale Rasheed.

“On this auspicious occasion, I honour both your wonderful life and exceptional contributions to the media sector and the larger society. I note, with admiration, Akinrogun Momodu’s deep sense of commitment to a better Nigeria, which is manifest in columns and public discourse.

“On behalf of my family, I convey best wishes to Akinrogun Momodu on his birthday and it is my prayer that God grant him many celebrations in good health and happiness while also bestowing him the grace to give more to humanity.”

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Why We’re Charging Helicopter Landing Fee – Aviation Ministry




The Ministry of Aviation and Aerospace Development on Monday said the introduction of helicopter landing levies was in line with global best practices and cost recovery measures.

This is contained in a statement by Odutayo Oluseyi, Head, Press and Public Affairs of the ministry in Lagos.

According to Mr Oluseyi, the ministry recognises the importance of helicopter operations in Nigeria’s aviation industry and is committed to implementing international best practices in helicopter operations.

He said that helicopter landing levies were commonplace in countries such as the US, the United Kingdom, India and various other regions worldwide.

He maintained that Tallahassee International Airport in Florida began implementing helicopter landing levies under Vector Airport Systems, since 1 October 2022.

Mr Oluseyi said helicopter landing levies were common across airfields in the United Kingdom, ranging from major commercial ones, to small general aviation fields.

He added that, typically, helicopter levies matched or exceeded those for fixed-wing aircraft, and varied based on factors like location and services provided.

“The federal government has granted NAEBI Dynamic Concepts Ltd exclusive rights to collect helicopter landing levies in line with the MoU between NAEBI Concept and NAMA (focal Agency), Federal Airport Authority of Nigeria (FAAN) and the Nigeria Civil Aviation Authority (NCAA).

“It is instructive to note that NAMA, under the Act as amended in 2022, is empowered to collect aeronautical revenues in both the upper and lower airspace to support her self-sustainability.

“However, over the years, NAMA has predominantly relied on the upper airspace for her revenue generation.

“Government in her wisdom, having discovered a lacuna on the lower airspace where helicopter operations is dominant, directed NAMA to live up to its responsibilities, to enable them generate enough resources, to sustain their aeronautical architecture, enhance security and surveillance and improve the overall quality of helicopter operations in Nigeria,” he said.

According to Mr Oluseyi, the government is confident that the move will improve capacity, efficiency, safety, security and attract more investments in the aviation industry.

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