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2021 PILA Education Summit to Redefine Success in a Changing World

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PILA Education Summit

By Dipo Olowookere

All is now set for the 2021 Women in Insurance Summit scheduled to hold on Thursday, August 26, 2021, from 10 am. The event is organised by Professional Insurance Ladies Association (PILA).

The theme for this year’s bi-annual international exchange programme is Redefining Success in a Changing World, according to a statement from the organisers.

Prominent speakers billed for the education summit include Mr F. Bowen-John, the Director-General, West African Insurance Institute, WAII, The Gambia; Adetola Adegbayi, Executive Director, Leadway Assurance Company Limited; Yinka Ogunde, Chief Executive Officer, Edumark Consult; Folashade Onanuga, Managing Director/Chief Executive Officer, Motodols Consults; Funmi Babington-Ashaye, MD/CEO, Risk Analyst Insurance Brokers; Adeyinka; Ebele Nwachukwu, MD/CEO, NSIA Insurance and Adeyinka Adekoya, former MD/CEO, Coronation Insurance Plc.

Speaking on what to expect at the virtual summit, the Education Secretary for PILA, Ms Tola Sotade, stated that, “The international exchange programme has over the years been a bi-annual event where members go on an educational trip to a country of choice, mostly in Africa.

“However, due to the COVID-19 pandemic and the changes it has bought to all spheres of life globally, we are having a virtual event this year with the theme Redefining Success in a Changing World and it is going to be awesome!”

On her part, the convener and President of PILA, Mrs Joyce Ojemudia, who also doubles as the MD/CEO of African Alliance Insurance Plc, disclosed that, “An empowered woman is an empowered nation.

“As women, we have the innate superpower to positively influence our industry, society and by extension, our nation. But this cannot happen by wishful thinking, we need to scale up our capacity and adequately collaborate to achieve the same.

“This is why education summits like this is a veritable learning platform for the woman who desires to groom their superpowers and know how to use it in making a difference.”

She further reiterated the post-event impact the training would have on all participants, stating that, “The line-up of speakers inspires so much confidence that one can safely assure participants of a life-changing impact on their personal life, career and indeed industry.

“I make bold, therefore. to invite all women in Insurance and indeed the financial services to join us at this summit as we grow capacity for enhanced success.”

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng

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EFCC Questions Ex-NDDC Boss Nsima Ekere Over N47bn Fraud

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Nsima Ekere

By Modupe Gbadeyanka

The former Managing Director of the Niger Delta Development Commission (NDDC), Mr Nsima Ekere, has been grilled by the Economic and Financial Crimes Commission (EFCC).

The former NDDC boss was at the Lagos office of the agency on Wednesday to honour an invitation to him to answer questions surrounding an alleged fraud to the tune of N47 billion.

In 2016, a year after losing the governorship primary election of the People’s Democratic Party (PDP) in Akwa Ibom State to Governor Udom Emmanuel, he was appointed as the MD of the commission.

He left office in 2018 to concentrate on his ambition to rule his home state and contested the gubernatorial poll in 2019 under the All Progressives Congress (APC) and lost again to Mr Emmanuel.

In 2019, President Muhammadu Buhari ordered a forensic audit of the NDDC from 2001 to 2019 and the report of the exercise, according to the former Minister of Niger Delta Affairs, Mr Godswill Akpabio, said several frauds were uncovered.

The EFCC, reports said, has been trailing Mr Ekere and yesterday, he turned himself in and he was questioned on the allegations of contract inflation and award of fictitious contracts while in office.

This development is coming two days after the anti-money laundering organisation arrested the Accountant General of the Federation (AGF), Mr Ahmed Idris, over allegations of diversion of N80 billion.

He was suspended yesterday by the Minister of Finance, Budget and National Planning, Mrs Zainah Ahmed, to enable a transparent investigation into the matter.

Also, a former Speaker of the House of Representatives, Mrs Patricia Etteh, was apprehended on Tuesday by the agency over allegations of diversion of funds for projects.

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IPMAN, EFCC Move Against Oil Theft, Vandalism in N’Delta

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IPMAN

By Adedapo Adesanya

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has sought the support and intervention of the Economic and Financial Crimes Commission (EFCC) in curbing oil theft and pipeline vandalism in the Niger Delta.

This was disclosed by the Chairman of IPMAN, Mr Bello Binna, during a visit to the Port Harcourt’s Zonal Commander of the EFCC, Mr Nwanneka Nwokike, in his office.

Mr Binna said that the EFCC was the only agency trusted to give solutions on issues of pipeline vandalism and oil theft in the Niger Delta region.

According to him, IPMAN was more comfortable with what the EFCC is doing to curb

“We are here to collaborate with the Agency with which we are more comfortable, and we believe that with your support, our jobs will have a headway.

“In the past, our efforts have been wasted, we were advised that the agency that has the mandate to make our job effectively is the EFCC,” he said.

Responding, the Port Harcourt’s Zonal Commander of the EFCC, Mr Nwanneka Nwokike, said the EFCC was working tirelessly to put an end to the menace of illegal oil bunkering in the Niger Delta region.

Mr Nwokike also stressed the need to educate youths within the region on the ills of oil theft and illegal oil bunkering.

“I assure you that the EFCC has the desire to reduce, if not bring to an end, the menace of illegal oil bunkering.

“We will educate our youths on the dangers of this, which is part of our mandate, educating our youths on why they must leave these illegalities. We must all come together to see how we can tackle this menace. I want to assure you that we will work together,” he said.

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Akinwumi Adesina Turns Down Requests to Become Next Nigerian President

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Akinwumi Adesina Sworn-In

By Adedapo Adesanya

The President of the Africa Development Bank (AfDB), Mr Akinwumi Adesina, has ruled himself out of the 2023 presidential race in Nigeria.

Mr Adesina made his position known in a statement on Tuesday after months of calls for him to join the contest after a group bought the presidential nomination form of the All Progressives Congress (APC) for him at the cost of N100 million.

In the statement, the banker emphasised that his current desire is to continue to hold the office of the president of the AfDB which he won reelection for last year.

However, he expressed appreciation for those who found him worthy of leading his country at this critical time it is undergoing different challenges ranging from economy, security and others.

“While I am deeply honoured, humbled and grateful for all the incredible goodwill, kindness, and confidence, my current responsibilities at this time do not allow me to accept to considered,” the statement read in part.

“I remain fully engaged and committed to the mission that Nigeria, Africa and all the non-African shareholders of the African Development Bank have given me for Africa’s development.

“I remain fully focused on the mission of supporting the accelerated development and economic integration of Africa,” Mr Adesina added.

Less than two weeks ago, a coalition of 28 groups purchased the N100 million APC presidential forms for the former Agriculture Minister.

The coalition consists of groups such as the Youth Arise Movement, Nigerians in Diaspora, One Nigeria Group, Prudent Youth Association of Nigeria, women groups, farmers, and other civil society groups.

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