General
Seyi Tinubu Covers July/August Issue of Pleasures Magazine
The image many have of a meeting of leaders of business and government is of a room filled with people aged 50-70, even 80 years old, discussing the narratives that will shape the world. But the decisions from such meeting will not impact their generation, they will impact young people.
Over 50% of the world’s population is under the age of 27. So, if someone is going to decide to shape the future, the youth, have to be part of that dialogue; a bigger part of this narrative of co-creating the future.
Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, realized this early on and founded the Global Shapers Community to empower young people to play an active role in shaping local, regional and global agendas.
With the largest youth population in history, there is an unprecedented opportunity for young people to take an active role in shaping the future. This generation has inherited enormous global challenges but has the ability to confront the status quo and offer youth-led solutions for change. They are today’s leaders.
The theme of the July / August issue of the Pan-African Entrepreneurial and Luxury magazine, PLEASURES MAGAZINE is “Creating a Shared Future in a Fractured World”, a special edition to celebrate young achievers who are changing our world in no small ways, these two keeps moving the needle especially in the area of entrepreneurship. They are taking more risks than ever before and building phenomenal businesses and taking decisions that are tackling problems and creating lots of jobs in the process. They are real change agents.
Seyi Tinubu, CEO of advertising giant, Loatsad Promomedia and Noella Tinubu Foundation, a non-profit organization in the interview with Pleasures magazine, highlighted his entrepreneurial journey and the impact of his Noella Tinubu Foundation, an initiative to empower and encourage youths to become change-makers in society by helping them to identify their passion and use that passion to create solutions that empower Nigerian communities and drive greater economic growth.
On the making of Seyi Tinubu
One of the refreshing aspects of the founder of Noella Tinubu Foundation, Seyi Tinubu’s interview with Pleasures Magazine is that he comes across as someone who doesn’t believe in mincing words. Be it the conviction with which he talks about his enterprise and what it has achieved so far, or his refusal to accept the status quo just because of a that’s-the-way-it-has-always-been-done sort of mentality, this Nigerian entrepreneur and the son of one of the leading Nigerian politicians, Asiwaju Bola Ahmed Tinubu seems to be charged up with a vision of a better future for the world at large.
The Noella Tinubu Foundation, founded by Seyi and his wife Layal started out, as a result of the yearnings of people who always ask the couple for support and help in one area or another. So, they both thought it would be best to set up a foundation where they can use a platform to empower people, both entrepreneurs and their startup businesses as well as other areas requiring support to keep their initiatives running. It has since grown into becoming “a global millennial startup movement for social good,” with Seyi and his team essentially developing entrepreneurial pipelines across Africa that transform business minds into change agents for sustainable impact.
“I love innovations and I see the future being tech driven. With that said, the Noella Tinubu Foundation is not limited to creating programs for tech entrepreneurs.” Seyi said in the interview.
With this being the case, PLEASURES MAGAZINE beamed the impact of the foundation and in his response to the question, Seyi said: “We’ve come up with initiatives such as scholarships to deserving students, empowering kids and youths with educational materials, training and skills empowerment, and other outreach programs to orphans, widows and children.”
“The Noella Tinubu Foundation has grown to a full-blown movement which is leading an entire generation to change the world,” he declares. “By 2050, the population in Africa is set to double to two billion with nearly half of that being under 25 years old. I believe that a rise in the younger population alongside entrepreneurship is significant to stir up a job creation wave. Reason why the NoellaTinubu Foundation was set up as a platform to empower and encourage youths to become change makers in society by helping them identify their passion to create solutions that empower Nigerian communities and drive greater economic growth. We give help to various individuals, bodies, groups, etc as a way to increase not just their livelihood, career, business, interests, etc.
We run workshops, training, invest, scale; all for the purpose of changing the trajectory of students on college campuses across Africa. Our aim is to provide a risk-free opportunity, and then back it up with the support required to have change.
We are distinguished in that we are a pipeline creator, the most fundamental piece of the startup funnel. We turn ordinary students into impact entrepreneurs, because we start with people, not ideas.”
As Seyi rightly notes, the NTF has transformed from what it was in its initial days- but it’s a change that has been for the better. “The objective of our foundation is to shortcut the entrepreneurial journey for young people, and get them to realize that you can build a billion-dollar business by creatively thinking about some of our world’s toughest challenges.”
According to him, “We pick an exciting area of impact that can be addressed and then we write a detailed opportunity map, outlining where billion-dollar companies could be generated. By focusing our entire network on one topic, it changes the paradigm of a generation, and exposes market inefficiencies in the current development space, which can be solved through business approaches. This year’s challenge is on rethinking how to harness the power of energy to transform 10 million lives. We used to focus on the bottom of the pyramid, but I have shifted our focus on empowering more people to reach the middle class. Tackling poverty is not enough; we must move the lower third into economic independence.”
Another sector Seyi is making marks is the advertising sector. Although he is trained as a lawyer, his entry into the lucrative advertising industry has rewritten how the industry is run in Nigeria. His company Loatsad Promomedia is the rave of the industry now. With Seyi at the helm, Loatsad Promomedia has provided services for various clients in Telecommunications, Energy, Banking, Food and Beverages, Pharmaceuticals, Media, Real Estate, Education and Government, including Lagos State Advertising Agency (LASAA).
In 2017, his innovative imputes into the industry earned him a prestigious Young Entrepreneur of The Year Award. In recognising and rewarding excellence in Nigeria’s Entrepreneurs, Advertising and Marketing Communications sectors.
Mr Seyi’s giant strides are even more appreciated by many, in his effort to live off the illustrious name of his father. He remains one of the most inventive and energetic minds in Nigerian technology today.
This issue also includes a look at the numerous positive initiatives of Queen Rania Foundation for Education and Development, founded by Queen Rania Al Abdulahi of Jordan. And on the two years crowning achievements of Mohammed bin Salman, crown prince of Saudi Arabia.
Plus, a special profiling of 50 African Women Entrepreneurs to watch out for on the global stage.
And as usual, the magazine is incomplete without your usual light stories and other human interest narratives such as the heart touching grass to grace story of Joana Gyan, Ghana’s queen of Gold export. Read the interesting tourist sites in Africa, these and many more reports combine in making the magazine a collector’s item and reading pleasure for all and sundry.
General
NIMASA Confirms Oil Spill from Bonny Channel Vessel Collision
By Adedapo Adesanya
The Nigerian Maritime Administration and Safety Agency (NIMASA) has confirmed that a collision between vessels in the Bonny Channel, Rivers State, led to oil pollution in the affected area.
The agency’s Deputy Director and Head of Public Relations, Mr Osagie Edward, disclosed this in a statement, noting that the Deep Blue Forward Operating Base in Bonny received a distress call at about 11:30 a.m. regarding the collision.
He said the incident involved MV Valparaiso, a Singapore-flagged container vessel with IMO Number 9433054, and MT Lady Martina, a Nigerian-flagged oil products tanker.
According to the statement, the Deep Blue Base immediately deployed 10 armed personnel aboard the interceptor boat DB 214 to the scene.
The agency said five crew members aboard MT Lady Martina sustained varying degrees of injuries during the incident.
The spokesperson said the injured crew members were evacuated to the Forward Operating Base sickbay in Bonny for immediate medical treatment.
“Following the collision, MT Lady Martina drifted ashore and is currently aground along the Bonny Channel.
“MV Valparaiso also remains grounded at the Bonny Inner Anchorage pending damage assessment and further investigation,” Edward said.
He said the management of MAERSK had officially reported the incident to the agency.
Mr Edward said the Director-General of NIMASA, Mr Dayo Mobereola, had ordered a full investigation into the immediate and remote causes of the collision.
He added that NIMASA had established a Situation Monitoring Room to coordinate emergency response efforts and monitor developments from the incident.
Mr Mobereola had personally visited Rivers to inaugurate the monitoring room and oversee response operations in the state.
The Director-General also directed the agency’s Marine Environment Management Department to begin an Environmental Impact Assessment (EIA) of the affected area immediately.
Mr Mobereola urged officials to take necessary measures to mitigate the impact of the Tier One oil sheen and safeguard the marine environment.
General
NAFDAC Destroys N1.8bn Sachet Alcohol, Expired Pharmaceuticals in Abuja
By Modupe Gbadeyanka
Some counterfeit, expired, and unwholesome products worth over N1.8 billion have been destroyed by the National Agency for Food and Drug Administration and Control (NAFDAC) in Abuja.
The agency, in a statement on Friday, disclosed that the items were destroyed by fire at the Kuje dumpsite in the Federal Capital Territory (FCT).
The destruction exercise involved the incineration of counterfeit medicines, banned sachet alcohol, expired pharmaceuticals, fake chemicals and other unsafe products seized across Abuja and surrounding areas, including items voluntarily submitted by companies, NGOs, and the Association of Community Pharmacists of Nigeria (ACPN).
According to NAFDAC, this action demonstrates its commitment to ensuring that seized products do not re-enter circulation. It also reaffirms its commitment to enforcing the ban on alcoholic beverages packaged in sachets and PET bottles below 200ml, warning that enforcement actions and prosecution will extend to traders found in possession of such products.
Speaking during the exercise, the Director-General of NAFDAC, Prof. Mojisola Adeyeye, represented by the Director of Investigation and Enforcement, Mr Martins Iluyomade, warned that counterfeit drug syndicates now deploy sophisticated cloning techniques to imitate genuine products, making it increasingly difficult for consumers to identify fake items.
She disclosed that the organisation recently intercepted several containers of suspicious products falsely declared to evade detection at the ports, stressing the need for stronger inter-agency collaboration and public vigilance.
The DG urged Nigerians to avoid patronising suspiciously cheap medicines and other regulated products, and to report suspicious activities to the nearest NAFDAC office or the NAFDAC Call Centre.
General
Tinubu Lauds NDLEA $360m Drug Bust, Nigerian-Mexican Cartel Dismantling
By Adedapo Adesanya
President Bola Tinubu has commended the National Drug Law Enforcement Agency (NDLEA) for dismantling a sophisticated Nigerian-Mexican drug syndicate and uncovering a multi-million-dollar illicit drug production network operating in the country.
The President’s message was contained in a statement issued on Thursday by his Special Adviser on Information and Strategy, Mr Bayo Onanuga.
The NDLEA Chairman, Mr Mohammed Buba Marwa, had on Wednesday announced the breakthrough following a major operation carried out by the agency in collaboration with international partners after weeks of intelligence gathering and strategic planning.
According to President Tinubu, the operation, which led to the arrest of foreign nationals, local drug kingpins, and other collaborators, as well as the seizure of illicit drugs and chemicals valued at over $360 million, reflects the professionalism and commitment of the anti-narcotics agency.
“This successful operation, which led to the arrest of foreign nationals, local kingpins and other collaborators, as well as the seizure of chemicals and illicit drugs valued at over $360 million, demonstrates exceptional professionalism, courage, and unwavering commitment to safeguarding society from the devastating effects of narcotics,” the President said.
He praised the courage, resilience, and dedication displayed by NDLEA operatives during the operation and urged the agency not to relent in the fight against drug trafficking.
He warned that West Africa has increasingly become a major transit hub for cocaine, synthetic drugs, and unregulated pharmaceuticals being trafficked to Europe and North America.
According to him, beyond posing serious security threats, the drug trade is also destroying the future of many young people across the region.
The President also called on Nigerians to support the fight against illicit drugs by remaining vigilant and reporting suspicious activities to security agencies.
“I call on all Nigerians to see the fight against illicit drugs not NDLEA’s alone. Everyone has a role to play. We must remain vigilant and promptly report suspicious activities within our communities to assist security agencies in combating criminal networks,” he stated.
President Tinubu added that the successful operation sends a strong warning to criminal networks that organised crime and other threats to public safety will not be tolerated anywhere in the country.
“This landmark success is a strong message that our security agencies will not tolerate organised crime and criminality anywhere in the country, and that those who threaten public safety and national security will face the wrath of the law,” he said.
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