General
Opaleye Wins African Prize for Leadership Excellence
By Modupe Gbadeyanka
The African Institute for Leadership Excellence has announced the founder and chief executive officer of Alerzo Limited, Mr Adewale Opaleye, as one of the winners in the 2021 African Prize for Leadership Excellence.
The head of the business-to-business e-commerce platform grabbed an award in the Fintech Personality Leadership Prize category of the event held in collaboration with the African Brands Media Ltd and supported by the New Partnership for Africa’s Development (NEPAD).
According to the organisers of the award ceremony, which took place in Lagos on Thursday, February 24, 2022, the prize is meant to celebrate leaders who have positively impacted the economy of the continent through their work.
“The African Prize for Leadership Excellence is a prize for excellent leadership experience for some selected African personalities who have made an impact in the development of the African economy through their innovation, creativity and leadership experience in their field of endeavour,” they said.
They added that the Fintech Personality Leadership Prize given to Mr Opaleye was in recognition of his “expertise, sound knowledge and practical leadership excellence.”
Receiving the prize, Mr Opaleye expressed his excitement about being chosen for the esteemed prize and thanked the organisers for the honour they have done to him.
“I wish I could fully express how excited I am at this prize that is presented to me today by such an august body. I am profoundly happy that the work we do at Alerzo Nigeria is greatly impacting the economy of the continent in such a way as to merit this huge honour being bestowed on me.
“The only way I can reward you is to pledge to continue to do all I can in assisting my fellow compatriots in addressing their business challenges using technology,” he said.
Mr Opaleye told a brief history of his work at Alerzo Nigeria – how he was raised by a mother who was a shop owner. He said he saw first-hand the challenges his mother, like other shop owners, faced in the running of her business – issues of inventory management, access to capital, logistics and so on – which seemed endless. Then he went to study in China and saw how the country used technology in solving similar problems, and thought that Nigerians can equally tackle their business challenges using the same technology.
“I founded Alerzo Nigeria to address most of the challenges that face informal retailers in Nigeria. I am happy that, in two years of operations, Alerzo has deployed technology in addressing the challenges of the informal retailers who are on our platform. With our delivery services, retailers save time, energy, and resources that they would have otherwise expended in restocking,” he said.
The award event brought together prominent business leaders, entrepreneurs and high-ranking government officials from across the continent including former president Olusegun Obasanjo, Vice President Yemi Osinbajo, the Presidents of South Africa, Ghana, Kenya and Togo among others.
General
CNPP Begs Wike for Certificates of Occupancy Payment Deadline Extension
By Modupe Gbadeyanka
The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has been urged to extend the deadline for the payment of Certificates of Occupancy (C of O) by property owners in Abuja.
This plea for an extension was asked by the Conference of Nigeria Political Parties (CNPP) through a statement signed by its Deputy National Publicity Secretary, Mr James Ezema.
The group said the initial two-week grace period given to the affected allottees, which expired on Friday, January 3, 2025, was insufficient, considering the current economic challenges facing the country.
Recall that after public outcries, Mr Wike, who is the immediate past governor of Rivers State, granted an extension to the owners of the 762 revoked plots of land in Maitama, Abuja.
“We are appealing to the Minister and the Federal Capital Territory Administration (FCTA) to tamper justice with mercy and issue an extension in the spirit of the yuletide and in view of the economic challenges in the country,” the association stated.
It stressed that the extension would give the affected individuals and groups ample time to comply with the directive, thereby avoiding any undue hardship or loss.
“We pray that the Minister and the FCTA will grant the allottees an extension to comply with the directive, giving all the affected individuals and groups enough time to have themselves to blame at the end of the final extension,” the statement added.
The CNPP’s appeal comes on the heels of its recent expression of concern over the escalating hunger and suffering faced by millions of Nigerians due to the economic realities in the country.
General
All Farmers Association of Nigeria Dissociates Self From Ado Kano
By Adedapo Adesanya
The All Farmers Association of Nigeria (AFAN) has dissociated itself from an unofficial viral statement by one of it members, regarding posters indicating activities of the organisation.
The group dissociated itself from the member in a statement signed by its National President and the National Secretary, Mr Kabiru Ibrahim, and Mr Yunusa Halidu, respectively.
“This post is made by an authorized member, Ado A Ado Kano.
“The opinions and views expressed here are those of the author and do not reflect the official policy or position of the group, its administrators, or other members.
“For official statements, please refer to AFAN official contact or platform,” parts of the statement made available to Business Post stated.
According to AFAN, the unofficial posters flying around doesn’t represent the association, noting that Mr Kano is not authorized by AFAN or its officials but those of the author.
AFAN is the umbrella organisation for all farmers’ commodity associations in Nigeria.
Its vision and mission are to assemble all Nigerian producers into one organization, providing a single interlocutor for the government to address agricultural issues with the farming community.
AFAN was formed by the merger of the All-Farmers Association of Nigeria (ALFA) and the National Farmers’ Association of Nigeria (NAFAN). The merger was recommended by former Nigerian president, Mr Olusegun Obasanjo.
General
BUA Debunks Claims of 90% Completion of Refinery in Akwa Ibom
By Adedapo Adesanya
BUA Group has denied widespread reports that its ongoing construction of a 200,000 barrels per day capacity refinery located in Akwa Ibom State is 90 per cent completed.
In a statement signed on Sunday, the group with subsidiaries in food, cement, and energy sectors said that the claims that the structure was at end stage did not come from it.
“Contrary to a misleading report stating that our 200,000 barrels/day refinery is at 90% completion, BUA wishes to advise the public to disregard such misleading reports that did not emanate from us,” a part of the statement read.
It clarified that the project was progressing well and added that it was going to meet the project timeline of 2025.
“As we make remarkable strides on our Akwa Ibom refinery project, we are proud to share that construction is progressing steadily.
“Whilst the refinery is not at 90% completion, we are however on track to meet our delivery timelines in collaboration with our partners.
“This BUA Refinery & Petrochemicals project represents a major milestone in strengthening Nigeria’s refining capacity and energy security,” the group said.
BUA is also carrying out other energy projects, including the construction of a mini-LNG plant and several new hybrid power plants across the country, which it said are also progressing rapidly.
The group says this will add additional capacity to our over 1,000MW installed captive power generation capacity.
“The public is advised to verify any news through our official channels and platforms so as not to be misled by mischievous persons,” the statement said.
“At BUA, we remain committed to transparency and excellence. As we have consistently done with over 12 of our completed mega industrial projects worth over $ 3.5 billion in the past 10 years, we will continue to keep you updated with verifiable and accurate information only where necessary, and as milestones are achieved.
“We appreciate the public’s interest and enthusiasm for this transformative project as we work together in building a stronger industrial and manufacturing base for a self-reliant Nigeria,” it added.
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