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WACOT Promises Stakeholders High-Quality Sesame Seeds

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Sesame Processing Factory

By Ashemiriogwa Emmanuel

Leading food and agro-allied company, WACOT Limited, along with its parent company, Tropical General Investments (TGI) Group, has reiterated its commitment to boosting the production of high-quality sesame seeds in Nigeria.

The company said it was one of the demonstrations of its commitment to the sustainable development of Nigeria’s agricultural sector as it has shown with its support at the 2021 International Sesame Seed Conference held in Kano.

Organised by the National Sesame Seed Association of Nigeria (NSSAN) in collaboration with the Kano State Government, the conference was a platform where stakeholders deliberated on innovative ways to boost the production of more high-quality sesame and harness its huge potentials for farmers and the government.

Speaking at the event, the Corporate Affairs Director, TGI Group, Mr Sadiq Kassim, noted that sesame has progressively assumed the role of Nigeria’s leading export commodity and the high demand has positioned Nigeria to be Africa’s leading producer and the sixth in the world.

According to him, “Sesame can generate substantial foreign exchange for Nigeria and also improve the livelihood of cultivators because of the high demand for the variety grown in Nigeria in the international market.”

Mr Kassim further said that the approval of WACOT Limited to export sesame across the world, and approval of the company to export sesame to the United States has placed the company in a better position for such involvement.

“Given our recent certification by global organic certification organization, ECOCERT, to export to Europe and North America, we feel the least we can do is to continue supporting production through this conference,” he added.

WACOT Limited is a leading food and agro-allied company with sizeable investments in value chains of various crops across Nigeria, while its umbrella company, TGI Group is an international investment and holding company with diversified interests and investments across Africa, the Middle East, Asia, and other emerging markets.

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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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Sanwo-Olu Promises Justice for Sound Engineer David Imoh

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David Imoh Sound Engineer

By Modupe Gbadeyanka

Governor Babajide Sanwo-Olu of Lagos State has promised to ensure that the late Sound Engineer killed by a mob in the Lekki area of the state last week gets justice.

The Governor gave this assurance through the Commissioner for Information and Strategy, Mr Gbenga Omotoso, in a statement issued on Monday night.

Last week, after boarding a commercial motorcycle, an argument ensued between Mr David Imoh and the okada rider over N100 and attracted other riders, who then lynched him.

There have been calls for justice for the deceased and in the statement today, the state governor said this would be done.

He condemned the mob attack and said the police are interrogating four suspects at the State Criminal Investigation Department (CID), Panti in connection with the incident, while two survivors of the act are in hospital.

According to Mr Sanwo-Olu, the government will address the root cause of this and similar incidents, which have caused public anxiety, appealing to residents to remain calm as police continue to investigate the matter.

“Lagos has no room for savagery and anybody found to have been involved in this barbarism will surely face the law.

“We condemn and will not condone any kind of jungle justice, no matter who the perpetrators are,” the statement stressed.

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N80bn Fraud: EFCC Arrests Accountant General of the Federation Ahmed Idris

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ahmed idris

By Modupe Gbadeyanka

The Accountant General of the Federation (AGF), Mr Ahmed Idris, is cooling off in the custody of the Economic and Financial Crimes Commission (EFCC).

He is having talks with the agency, explaining what he knows about an alleged diversion of N80 billion belonging to the federal government.

He was picked up by operatives of the EFCC on Monday, May 16, 2022, after allegedly failing to honour invitations by the commission to respond to issues connected to the issue.

In a statement issued on Monday night, the anti-money laundering organisation claimed that Mr Idris, through verified intelligence, “raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates.”

“The funds were laundered through real estate investments in Kano and Abuja,” another part of the statement disclosed.

The AGF has been in the news lately over an audit report, which indicted some ministries, departments and agencies (MDAs) of the federal government of fraud.

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