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Group Begs FG to Alleviate Suffering of Masses

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Group Begs FG to Alleviate Suffering of Masses

By Dipo Olowookere

A passionate appeal has been made to Federal Government to do more to alleviate the suffering of Nigerians in 2018.

This plea was made by a group known as Beyond Boundaries Legacy Leadership Initiative (BBLLI) in its New Year message to Nigerians.

In the message conveyed in a statement signed by both the Executive Director and PRO of the group, Comrade Omaga Daniel and Comrade Mpakaboari Numbere respectively, BBLLI said it would continue to engage public office holders and relentlessly advocate for good governance at all levels.

The body further appealed to government to provide basic amenities to Nigerians and also provide a conducive environment for Nigerians to do business and invest.

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BBLLI said it was “hopeful that 2018 will bring better fortunes to Nigeria and Nigerians at large as we continue to work for a greater and egalitarian society.”

However, it called on Nigerian youths to make 2018 count in the national history by effectively participating and taking leadership opportunities and avoid being used by political misfits by those who are out to only exploit our collective interest.”

“Our heartfelt felicitations go to every Nigerian as we celebrate God’s kindness to us all through the year 2017. We want to state categorically that as a nation we have conquered many challenges in 2017 and pray that we come out stronger in the New Year.

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“We at Beyond Boundaries Legacy Leadership Initiative also wish to assure Nigerians that we will continue in our effort to engage public office holders and relentlessly advocate for good governance at all levels.

“We enjoin the government to step up their efforts at alleviating the hardship in the land by providing basic amenities to Nigerians and providing a conducive environment for Nigerians to do business and invest.

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“We call on Nigerian Youths to make 2018 count in our national history by effectively participating and taking leadership opportunities and avoid being used by political misfits by those who are out to only exploit our collective interest.

“We are hopeful that 2018 will bring better fortunes to Nigeria and Nigerians at large as we continue to work for a greater and egalitarian society.

“Happy new year Nigerians, God bless the Federal Republic of Nigeria,” the message read.

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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Swiss Business School Honours Monument Distillers CEO

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Godwin Oche Monument Distillers

By Ashemiriogwa Emmanuel

Mr Godwin Oche, the Chief Executive Officer (CEO) of Monument Distillers Nigeria Limited (MDN), has been awarded an honorary doctorate by the Swiss School of Business and Management, Geneva.

The Swiss faculty confirmed that the laurel was in recognition of his huge contributions to the development of the African manufacturing ecosystem and for his technological innovations.

In his acceptance speech, Mr Oche appreciated the institution and MDN for the recognition and honour.

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“Few things have made me more proud and more grateful for my journey than this humbling recognition of my contributions to business and manufacturing by the esteemed Swiss School of Business and Management. I am truly honoured. Most especially, I am grateful.

“I am grateful to my wife and family for their dependable support through the years, to Monument Distillers for giving me the platform to shine, to our customers for their tremendous loyalty and support, and most especially to the good Lord who has blessed me with far more than I ever dreamed,” he said.

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Mr Oche is a Chemical Engineer and holder of a Postgraduate Diploma (PGD) in Business Administration and a Master of Business Administration (MBA) in marketing from the Enugu State University of Science and Technology (ESUTECH).

He is a fellow of the Institute of Management Consultant (FIMC), a member of the Nigeria Institute of Marketing (MNIM), and also a member of the Nigeria Institute of Personnel Management (MIPM).

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MDN is a fast-rising wine and spirit company that produces a wide range of global and local brands such as John Bannermans Scotch Whisky, 1960Rootz Bitters, 4 Horses Bitters, Les Damier Wine range and so much more.

The company also has distribution rights to brands such as Four Cousins Wines, Sazerac Southern Comfort Bourbon and other ranges of spirits. The company offers a broad range of collections for all occasions.

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Kano Forex Trader in Trouble Over N197m

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Kano Forex Trader

By Modupe Gbadeyanka

A foreign exchange (forex) trader based in Kano State, Mr Yusuf Yakubu, may have bitten more than he can chew as he has found himself in murky water.

He was accused of diverting about N197.6 million belonging to his customers, who wanted him to exchange his Dollars to Naira.

It was alleged that in January 2021, the Kano forex trader collected $870,000 with the promise to pay the Naira equivalent, but he refused to fully honour this pledge.

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Instead of returning the full amount, he only paid N220.3 million and allegedly diverted the balance of N197.6 million and efforts to make him pay were futile.

As a result, a petition was filed to the Kano Zonal Command of the Economic and Financial Crimes Commission (EFCC), which waded into the matter.

After interrogations, Mr Yakubu was arraigned before Justice Sanusi Ma’aji of the Kano State High Court on August 4, 2021, on a one-count charge of misappropriation.

“That Yakubu Yusuf on or about January 14, 2021, within the jurisdiction of this court, with intent to defraud dishonestly misappropriated the sum of N149,000,000 belonging to Oliver Ogokumaka and Obumnemi Okoli and thereby committed an offence contrary to section 308 and punishable under section 309 of the Penal Code,” the charge read.

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When the charge was read to him, the defendant pleaded not guilty, which prompted the prosecution counsel, Mr Musa Isah, to ask for a trial date.

However, counsel for the defendant, Mr Abdul Adamu, informed the court that he had filed a motion challenging the jurisdiction of the court and the judge consequently adjourned the matter till August 18 for argument on the motion.

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Meanwhile, the defendant was granted bail in the sum of N50 million and two sureties in like sum, one of who must be a relative of the accused person and both must also be resident of Kano, with verified business addresses.

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Stanbic IBTC Revamps Abeokuta BTI Correctional Centre

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Stanbic IBTC Holdings

By Ashemiriogwa Emmanuel

A top financial institution, Stanbic IBTC Holdings Plc, through the Stanbic IBTC Finance Team, has reconstructed the vocational centre at Borstal Training Institute (BTI) located in Abeokuta, Ogun State.

The BTI is an arm of the Nigerian Correctional Service where young offenders are remanded and given both educational and vocational training, used to be a deteriorated structure with very few tools.

The poor facility was not able to live up to the purpose of the institute in terms of equipping students with education and skill acquisition.

However, the intervention of the Stanbic IBTC Staff Volunteerism Initiative saw a complete overhauling of the Abeokuta BTI Correctional Centre to encourage the purpose as to which the BTI was built.

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The reconstruction entailed the demolition of the existing dilapidated shed, construction of a new building which was demarcated into four segments, along with the establishment of an Information and Communications Technology (ICT) unit equipped with six desktop computers.

In addition, a tailoring section was also set up and provided with four sewing machines, a stitching machine, several tailoring tools, and fabrics for practice.

There was also a barbing section which was supplied with three clippers, a sterilising machine, and other necessary barbing tools.

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The renovation also entailed the establishment of a carpentry section equipped with necessary equipment such as a drilling machine, spraying machine, and circular machine.

The water supply channel was also improved with an overhead water tank for the facility.

In his statement on the project, the Chief Executive, Stanbic IBTC Holdings, Mr Demola Sogunle, pointed out that the provision of these necessary facilities will encourage easy reintegration of the students into the society as it will equip them with digital and vocational skills.

“I believe that this project will directly impact the lives of these young Nigerians. It enhances their easy integration into society as they are already equipped with either digital or vocational skills, based on their preference.

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“Upon release, they will not be idle but will hopefully put the skills they have acquired to good use,” he said.

The reconstructed BTI vocational centre which houses about 330 students will now have about 182 of them engaged in school and computer skill acquisition, and 148 students equipped with vocational training.

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