By Dipo Olowookere
The Managing Director/CEO of First Bank of Nigeria Limited, Dr Adesola Adeduntan, will on Friday, September 11, 2020, be honoured by Forbes Africa for his contributions to the financial services sector in the country and the African continent.
The banker will along with others be bestowed with the Forbes Best of Africa awards at a virtual event to be held in conjunction with Foreign Investment Network (FIN).
The ceremony will be an online roundtable discussion to be supported by the World Philanthropy Network and will feature former Nigerian President, Mr Olusegun Obasanjo, who will present a keynote address.
Apart from the First Bank chief, other prominent African business leaders to be honoured at the event are the CEO of Ocean Marine Security Ltd, Mr Idahosa Wells Okunbo; and founder and executive chairman of Online Integrated Solutions Ltd, Mr Mahmood Ahmadu.
Mr Adeduntan is a visionary leader and an achiever to be reckoned with in the financial services sector. He had earlier in the year bagged the much-coveted and celebrated Cranfield University School of Management Distinguished Alumnus of the year Award.
The trained veterinary doctor turned veteran banker believes strongly in the importance of doing well by doing good. In March 2020, he spoke at the Edinburgh School of Business about financial institutions’ role as drivers of financial inclusion.
In his leadership role at First Bank, Mr Adeduntan is part of a 126-year legacy of sustained development-oriented services.
Also, in a recent media intelligence report presented by P+ Measurement Services, he topped the list of most prominent and reputable Nigerian banking CEOs in Q2 2020.
SweepSouth to Battle Fichaya, Others for Market Share in Nigeria
By Adedapo Adesanya
Johannesburg-based SweepSouth, the home cleaning service startup that was launched in 2014, is looking to hijack some customers from its competitors in Nigeria by offering quality services.
SweepSouth allows people to book home cleaning services at affordable prices and connects them with cleaners they call SweepStars, who are carefully vetted and are professionals with extensive experience in home cleaning.
Traditional domestic service agencies in Nigeria are mostly informal, and people who use these cleaners often have to find them by asking around their neighbourhood but the problem with this approach is that it is difficult to know if the cleaner is experienced.
Things are about to change as SweepSouth’s value proposition will help its customers find a cleaner in minutes and will deliver the best services.
The startup’s expansion in Nigeria is led by its new country manager, Ms Awazi Angbalaga, an operator who has worked across industries in the past eight years.
Ms Angbalaga noted that SweepSouth has been test-running its services in Nigeria for the last two months and that the uptake has been exciting.
“Although we’ve largely been testing out our service here, we have already had our first 300 bookings, and the feedback we’ve received backs our belief that our proposition is compelling to Nigerians. While we’re growing our bookings every week, our focus continues to be providing the best service to our customers,” she said.
At the moment, SweepSouth charges a base fee of N3,400 ($8) for cleaning a one-bedroom apartment and around N7,500 ($18) for cleaning a 3-bedroom apartment. The pricing is at par with what is obtainable with traditional domestic service agencies, which is important for a service which is aiming for mass-market adoption.
But SweepSouth will face competition from those traditional domestic service agencies and newer startups such as Fichaya which are now targeting Nigeria’s young working-class population.
Remote work and a growing class of young tech workers, who are willing to pay gig workers for services that make their lives easier, are powering the home services industry. Other startups in this space even offer home-cooked meals and laundry.
To break into the market, SweepSouth may also look to provide additional services such as its SweepSouth Connect, which links people with a wide range of professional artisans. SweepSouth Connect is already available in Kenya and South Africa.
The startup did not confirm if it will launch its Connect service in Nigeria but it stressed that for now, the focus is to reach mass adoption and provide exceptional service to customers.
At the moment, customers can only make bookings from the SweepSouth Nigeria website, but the startup shared that it will launch its app this month. The app will improve customer experience across the entire process from booking to leaving reviews for the SweepStars they’re matched with.
Buhari Loses Suit to Challenge Electoral Act at Supreme Court
By Adedapo Adesanya
The Supreme Court has struck out a suit filed by President Muhammadu Buhari and the Attorney General of the Federation (AGF), Mr Abubakar Malami, challenging Section 84(12) of the Electoral Act.
On Friday, the case was expunged on the grounds that it lacks the jurisdiction to entertain it and is an abuse of the court process.
A notice for the judgment delivery was served on President Buhari and the National Assembly on Thursday, inviting them to appear before the court today for the judgment.
The President and the Minister of Justice had filed a suit at the Supreme Court, seeking an interpretation of the controversial clause in the Electoral Amendment Act 2022.
In the suit filed on April 29, President Buhari and Mr Malami, who are the plaintiffs, listed the National Assembly as the sole defendant.
There have been several debates regarding Section 84 (12) of the amended Electoral Act 2022 which was assented to in February.
Upon assenting to the act, President Buhari had asked the National Assembly to delete the contended clause, however, the parliament declined the president’s request.
Section 84 (12) of the legislation holds that “no political appointee at any level shall be a voting delegate or be voted for at the convention or congress of any political party for the purpose of the nomination of candidates for any election.”
In their suit marked SC/CV/504/2022 and filed on April 29, 2022, President Buhari and Mr Malami sought an order of the apex court to strike out the section of the Electoral Act, which they argue was inconsistent with the nation’s constitution.
According to the court document, the plaintiffs contend that the Section 84(12) of the Electoral (Amendment) Act, 2022 is inconsistent with the provisions of sections 42, 65, 66, 106, 107, 131, 137, 147, 151, 177, 182, 192 and 196 of the Constitution of Federal Republic of Nigeria, 1999, (as amended), as well Article 2 of the African Charter on Human and People and Peoples Rights.
The plaintiffs further contended that the constitution already makes provisions for qualification and disqualification for the offices of the President and Vice President, Governor and Deputy Governor, Senate and House of Representatives, House of Assembly, Ministers, Commissioners, and Special Advisers.
They urged the Supreme Court to make: “A declaration that the joint and or combined reading of section 65, 66, 106, 107, 131, 137, 147, 151, 177, 182, 192 and 196 of the constitution of the Federal Republic of Nigeria, 1999, (as amended), the provision of Section 84 (12) of the Electoral Act, 2022 which also ignores Section 84(3) of the same Act, is an additional qualifying and/or disqualifying factors for the National Assembly, House of Assembly, Gubernatorial and Presidential elections as enshrined in the said constitution, hence unconstitutional, unlawful, null and void”.
However, in its decision on Friday, the Supreme Court held that President Buhari, having assented to the bill on February 25 2022, cannot turn around to challenge the same act.
In a unanimous judgement delivered by Justice Emmanuel Agim, the court said allowing the suit to have its way will amount to approbating and reprobating at the same time and no court of law shall allow that.
The apex court unanimously agreed that President Buhari lacked the jurisdiction to bring the suit before it because of the nature of the reliefs sought.
London Police Arrest Ekweremadu, Wife Over Organ Harvesting
By Adedapo Adesanya
The London Metropolitan Police has announced that it arrested a Nigerian national, Mr Ike Ekweremadu, and his wife, Mrs Beatrice Nwanneka Ekweremadu, for allegedly conspiring to bring a child to the United Kingdom for organ harvesting.
In a statement on its website, the Met Police wrote that “Beatrice Nwanneka Ekweremadu, 55 (10.9.66) of Nigeria is charged with conspiracy to arrange/facilitate the travel of another person with a view to exploitation, namely organ harvesting.
While the statement did not, however, give further details about the suspects, the age and description given match that of the former Deputy Senate President and his wife.
“Ike Ekweremadu, 60 (12.05.62) of Nigeria is charged with conspiracy to arrange/facilitate [the] travel of another person with a view to exploitation, namely organ harvesting.”
As at press time, neither Mr Ekweremadu nor his aides have issued a comment about the development.
But the police added that “both [have] been remanded in custody and will appear at Uxbridge Magistrates’ Court later today.
“The investigation was launched after detectives were alerted to potential offences under modern slavery legislation in May 2022.
“A child has been safeguarded and we are working closely with partners on continued support. As criminal proceedings are now underway we will not be providing further details.”
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