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Amid Internal Dispute, Festus Osifo Becomes New TUC President

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Festus Osifo

By Adedapo Adesanya

Mr Festus Osifo has been elected as the new President-General of the Trade Union Congress of Nigeria (TUC) as an internal rift threatens the cohesion of the group.

His election came at the 12th Triennial National Delegates’ Conference of the Congress on Wednesday in Abuja themed The Working Class Amidst the Challenges of National Security, Unemployment and Democratic Development.

With this election, Mr Osifo, who is also the National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), is expected to pilot the affairs of the labour trade organisation for the next three years and will take over the helm from Mr Quadri Olaleye.

Mr Shehu Mohammed, the returning officer while announcing the results said that a total of 728 delegates participated in the election.

Mr Mohammed said that Mr Osifo pulled 688 votes to defeat his opponent, Mrs Oyikan Olasanoye who polled 18 votes, while 22 votes were declared invalid.

Due to internal disputes, Wednesday’s election was held for only the office of the President-General.

Mr Osifo assumed office as President of PENGASSAN on August 28, 2020, and had also served amongst others as PENGASSAN Producers Forum Chairman, between 2016 and 2018.

The new TUC President is a member of the Nigeria Society of Engineers (NSE), Council of Registered Engineers of Nigeria (COREN) and Society for Petroleum Engineers (SPE).

In his acceptance speech, Mr Osifo vowed to fight for the welfare of the masses as well as the protection of the interest of every Nigerian worker.

He commanded the past leaders of the congress for laying “a solid foundation” on which the body thrives and vowed to sustain the vision.

Mr Osifo also promised to carry everyone along in his quest for a greater TUC while also pledging to “initiate a platform to placate all aggrieved comrades.

On his part, the outgoing president, Mr Quadri Olaleye in a goodbye note commended all members for their support, while calling on the incumbent to ensure peace for the union to move forward.

According to him, “I want to seize this opportunity to remind that election in the trade union movement is not a do-or-die affair.

“There is never a loser, always remember that we are comrades and that an injury to one is an injury to all.”

Also speaking, Mrs Peace Obiajulu, the Pioneer President of the TUC called on members of the Labour centre to ensure that the election does not divide the unity of workers.

She said that organised labour must come together to use their numerical strength to redirect the cause of the working class in Nigeria in particular and by extension, the downtrodden in the country.

Ahead of the election, some aggrieved affiliates of TUC had earlier written to the Inspector General of Police (IGP), Mr Usman Alkali to stop the scheduled TUC Delegate Conference from holding.

The affiliates also further obtained a court order to stop the conference from holding over failure to implement the agreement entered into in the last conference on which affiliate will produce the next president of the labour centre.

The affiliates include the Petroleum and Gas Senior Staff Association of Nigeria (PENGASAN), Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), among others.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Jobs/Appointments

NW Tech Capital Appoints Stella Damasus to Help Boost African Expansion

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nw tech capital Stella Damasus

By Adedapo Adesanya

Nigerian veteran actor and singer, Stella Damasus, has been appointed as the lead Consultant for talent acquisition of Las Vegas-based company, NW Tech Capital (NWTT) Beauty and Wellness division in its African expedition.

In a statement, the company said, “NW Tech Capital and TROPICSLAB is pleased to announce that award-winning Nollywood celebrity Stella Damasus, has joined us, as lead Consultant for talent acquisition of the company’s Beauty and Wellness division in its African expedition.”

It was disclosed that she will be tasked with the responsibility to expand the company’s tentacles by acquiring the best talents to fulfil the vision of establishing a flurry of high-end celebrity cosmetic brands across Africa.

NW Tech Capital, a publicly traded diversified holding company that was founded in 1996, is actively involved in the acquisition and investment of small, mid-size, and development-stage private businesses in varied industries.

Based on Tropicslab’s clinically tested formula, over the next five years, NWTT projects to invest at least $100,000,000 in Africa, in Skincare research and development, manufacturing, distribution, and marketing, to generate substantial revenue for our shareholders and to help combat skin cancer for people of colour.

Speaking on the projection, NWTT CEO Mr Cedric Yengo said – “Stella brings with her a wealth of experience and refined skill in talent acquisition that is almost unparalleled in today’s market.

“With her extensive connections in the industry and her acumen for strategic alliances, we believe that Stella will help us to position ourselves as the premier Beauty and Wellness Company, in the nearest future”.

According to Ms Edith Delight CEO of Tropicslab, “The Task Force led by Stella Damasus will begin accepting applications from celebrities immediately, for the creation of high-end celebrity cosmetic brands”.

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Orazulike Joins Ecobank Nigeria Board as Non-Executive Director

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Nnaeto Orazulike

By Modupe Gbadeyanka

A seasoned business magnate, corporate administrator and philanthropist, Mr Nnaeto Orazulike, has been appointed to the board of Ecobank Nigeria Limited as a non-executive director.

A statement from the financial institution disclosed that the appointment of the founder and Group Managing Director of Genesis Group took effect from April 2022.

Genesis Group is a Nigerian conglomerate with interests in restaurants, cinemas, hotels, food production and oil & gas services and production.

The businessman would be expected to the board his wealth of experience from similar positions in the past as he had previously served on the board of Fidelity Bank Plc between 2008 and 2017.

He is the National Chairman of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture Trade Group on Tourism and Hospitality. He also currently sits on the boards of various companies and organizations including Shelf Drilling Nigeria, West African Metal Processing Co. Ltd., Fate Foundation, and Spiritan University, Nnochi Imo State.

Mr Orazulike is a graduate of the University of Nigeria with a Bachelor of Science in Accounting degree and an alumnus of Harvard Business School, Executive Training Program. He was also awarded the prestigious Honorary Doctor of Science degree by the University of Port Harcourt in 2015

It was stated that he was picked for this position because he has distinguished himself as a leader in his various endeavours, pioneering and promoting professions through the growth of indigenous talents in Nigeria and beyond.

It was said that the appointee embodies the pan-African vision of the bank and brings with him the wealth of experience, professionalism, and integrity which has earned him national and international acclaim.

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Adewale Oyerinde Takes Over as New NECA DG

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Adewale Oyerinde

By Adedapo Adesanya

The Nigeria Employers’ Consultative Association (NECA) has appointed Mr Adewale Oyerinde as the Director-General of the association, effective on Monday, August 1, 2022.

NECA’s President, Mr Taiwo Adeniyi, made this known in a statement on Sunday in Lagos.

The position of Director-General became vacant following the demise of late Dr Timothy Olawale in September 2021.

Mr Adeniyi said that Mr Oyerinde was expected to build on the legacies of professionalism and excellent service that the association was known for and take it to greater heights.

Prior to his ascension, Mr Oyerinde was the Deputy Director and Head of Membership Services of the association.

Mr Oyerinde joined NECA in 2010 and has worked in various capacities in the Social, Economic and Labour Affairs Department and also the Learning and Development Department of the association.

He has over 16 years of experience in Industrial and Human Resources (HR), Business Development, Stakeholders Management and key areas of Employers’ Federation/Business Membership Organisation Management.

Mr Oyerinde, according to the statement, is an HR thought-leader and International Labour Organisation (ILO) trained Master Trainer

He is also a United Nations Industrial Development Organisation-trained ISO 9001:2015 (Quality Management System), ISO 1400:2015 Lead Auditor.

Mr Oyerinde holds a Bachelor’s and Master’s degree in Industrial Relations and Personnel Management from the University of Lagos. He is an alumnus of the International Training Centre of the ILO and a full member of the Chartered Institute of Personnel Management (CIPM), among others.

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