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Teezee Elderly Care Founder Gets N15m from Heritage Bank

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Teezee Elderly Care

By Aduragbemi Omiyale

The founder of Teezee Elderly Care, Mr Adausu Emuobo Taiwo, has been given N15 million by Heritage Bank after emerging as the winner of The Next Titan Season 8.

The expert in elderly care competed with four others in the final; Joy Badaki, Dolapo Quadri, Esin Mariah and Victor Emaye, to win the foremost entrepreneurial reality TV show tagged The Uncaged.

During the premiere of the show, over 20,000 participants applied but 75 made it through auditions from six major cities in Nigeria which are Abuja, Kano, Port Harcourt, Enugu, Ibadan, and Lagos and was further trimmed to 18.

After the Boot Camp the 18 who qualified made it into the Titan House for 10 weeks to compete against top-notch young entrepreneurs.

Heritage Bank said it supported the programme as part of its continued supports to Micro, Small and Medium Enterprises (MSMEs).

The MD/CEO of Heritage Bank, Mr Ifie Sekibo, while speaking at the grand finale. stated that the partnership with entrepreneurs and MSMEs show the focus and strong belief of our enterprising brand in the strength of youths to possess the capacity to build a robust economy in Nigeria.

“The programme easily aligns with the primary focus of the management of Heritage Bank to promote every laudable entrepreneurial idea meant to broaden economic the horizon of the country for the benefit of citizens and other residents,” he said.

Mr Sekibo, represented by the Acting Group Head, Corporate Communications, Ms Ozena Utulu, assured the contestants of Heritage Bank’s readiness to leverage seamless support to the growth of their businesses.

He indicated that as a catalytic institution in the empowering of entrepreneurs in the MSME sector, Heritage Bank has continued to make relentless efforts in this space to empower entrepreneurs in Nigeria through championing several empowerment initiatives.

The MD also encouraged the contestants to explore the eNaira option as it is something to look out for in the business world come 2022.

Speaking earlier, the Executive Producer of The Next Titan, Mide Akinlaja commended the headline sponsor, Heritage Bank, and others for their partnership and support which have positively impacted the generality of young people who have shared their testimonies regarding the programme causing a paradigm shift in their mind-sets to moving from Jobs -Seekers to Jobs-Creators.

The programme was panelled by technocrats with a perfect blend of entrepreneurial requisite skills trained each participant on enriching, rigorous and intellectually learning journeys to equip them with the fundamental competencies required of seasoned entrepreneurs.

The weekly boardroom judges were from different spectrum of entrepreneurial fields – Kyari Bukar Founder/CEO Trans-Sahara Investment; Lilian Olubi, CEO, EFG Hermes Nigeria; Chris Parkes, Chairman/CEO, CPMS Africa and Tonye Cole, Founder, Sahara Group and a guest judge, Mrs Olatorera Oniru, CEO, Olatorera Consultancy Ltd are top business personalities.

Meanwhile, the top 1000 contestants with good business ideas, and those whose businesses are already registered, have been shortlisted for N3 million in funding from the Federal Ministry of Youth and Sports Development (FMYSD).

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LASEMA Combs Collapsed Lagos Island Building for Survivors

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collapsed Lagos Island Building

By Aduragbemi Omiyale

The Lagos State Emergency Management Agency (LASEMA) has commenced search operations in the 3-storey building that collapsed on Saturday in Lagos Island.

The agency is combing the debris of the property for survivors. Already, two adult males have been rescued in the rubbles of the collapsed Lagos Island building located at 4, Alayaki Lane, Lagos Island.

The house caved in today during the heavy rainfall and trapped some occupants.

The two rescued persons have been given pre-medical treatment by the agency’s paramedics, while two corpses recovered from the debris have been handed over to the State Environmental Health Monitoring Unit (SEHMU) for onward transfer to the morgue.

A statement signed by the Permanent Secretary LASEMA, Dr Olufemi Oke-Osanyintolu, claimed that the building was already in violation of safety protocols and had been captured by the Lagos State Building Control Agency (LASBCA) District Office and served with all statutory notices, sealed at District and Central Enforcement Level, but the developer had continued clandestine operations mostly at nights and at weekends.

It was gathered that Dr Oke-Osanyintolu is in charge of the search and rescue operations, which are still ongoing as an unconfirmed number of people are trapped in the rubbles.

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IPMAN May Halt Fuel Distribution to Sokoto, Kebbi, Others

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Supply of Fuel

By Adedapo Adesanya

The Independent Petroleum Marketers Association of Nigeria (IPMAN), Gusau Depot, has threatened to stop transporting petroleum products within Sokoto, Kebbi, Zamfara and parts of Katsina state.

According to the IPMAN’s Zonal Chairman, Mr Yahya Kamba, the threat came following the federal government’s failure to settle its N40 billion outstanding payment to IPMAN members.

According to Mr Kamba, the payment is based on importation and transportation claims of up to 11 months.

He said the federal government has reneged on the agreement reached with the association.

“It is not a subsidy,” Mr Kamba said, explaining that. “It is money that we marketers contributed. We have to pay a certain amount for every litre we purchase from the government. Just for the country to have a uniform pump price.”

“We contributed this money just the way pensioners contribute their own. So, there is no reason anyone can give us to say they have no money. We are asking for our own contribution.

“Our arrangement is for the Ministry to pay us every week; when you transport this product, you are supposed to be paid within a week; but now we are counting months. We have counted up to 11 months. The payment has stopped since June 2021,” he added.

Amid the recent fuel shortage that rocked Abuja, the marketers had claimed that there was no money to buy the product until the federal government pays the claims and also assist in allocating a cargo of AGO to hasten loading from various loading depots.

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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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