Jobs/Appointments
Konga Plans to Employ 500,000 Nigerians by 2025
By Adedapo Adesanya
Konga, Nigeria’s leading composite e-commerce giant, is set to become one of the biggest employers of labour in Nigeria as it has unveiled plans to provide meaningful employment opportunities for over 500,000 Nigerians by 2025.
The company also noted that it will be adding another 500,000 in other African countries by the set period.
The development will see Konga not only on top of the employment charts in the private sector but will also see the company rival government and sub-national entities in terms of employment figures.
The firm expressed optimism that this move will also significantly contribute reduce unemployment in Nigeria and other Africans as it prepares for strategic African expansion.
The ambitious plan, feelers from within the e-commerce group have revealed, will go a long way in re-writing the narrative for many underemployed and unemployed youths in Nigeria.
Specifically, the management of Konga intends to channel its considerable resources in developing creative employment for hardworking and aspiring youths across Nigeria.
In addition to offering many a chance to join the Konga Group’s retail revolution through its existing and new subsidiaries being unrolled across verticals; other beneficiaries will also get opportunities to become members of Konga’s fast-growing affiliates which ultimately grants successful candidates life-long partnerships with the company.
The Konga Group currently provides direct and indirect employment for well over 250,000 Nigerians across its multiple entities, including its growing chain of over 35 retail stores scattered across Nigeria; the Konga Marketplace, a game-changing initiative which it pioneered in Africa; KongaPay, a Central Bank of Nigeria-licensed Fintech platform; Kxpress, an ambitious digital logistics company with huge delivery assets.
Others include Konga Travel, an award-winning IATA-certified revolutionary travel and tours company; the recently launched Konga Health, a digital health care distribution chain and the soon-to-be-launched Konga Food, among many others.
Speaking on this, Mr Nick Imudia, co-CEO, Konga Group, while chatting with new hires virtually, disclosed the motivation behind the massive job creation drive.
‘‘We are passionate about giving as many Nigerians and Africans who are qualified and ready to work the opportunity to find meaningful expression of their talents. An example is our partnership with the Edo Stae Government which shall not only employ thousands of youths but shall enhance and facilitate activities for SMEs in the state to become global corporate citizens.
‘‘This is because we believe, in line with the Konga mantra, that this will help them find happiness and live fuller, richer lives. But it doesn’t just end with the unemployed. Our research has shown that there are quite a number of under-employed Nigerians, many of who can make a difference across board if given a chance.
‘‘Therefore, as a strong corporate citizen and in line with the status of the Konga Group as a company built as a public trust, Management has set an ambitious target to employ over 500,000 Nigerians by the year 2025. This is no mean feat by any standards, but at Konga, we are known for never shying away from confronting challenges and surmounting them.
‘‘We will be rolling out these creative employment opportunities soon and we are confident that it will offer many Nigerians who are determined to achieve, a useful avenue to, not only find gainful employment but also create employment and wealth for others,’’ he stated.
Jobs/Appointments
Tinubu Appoints Ogunjumi Acting Accountant General as Madein Retires
By Adedapo Adesanya
President Bola Tinubu has appointed Mr Shamseldeen Babatunde Ogunjimi as the Acting Accountant General of the Federation (AGF).
This was contained in a statement on Tuesday by presidential spokesman, Mr Bayo Onanuga.
“His appointment is effective immediately following the pre-retirement leave of the incumbent AGF, Mrs Oluwatoyin Sakirat Madein,” a part of the statement read.
“In announcing Madein’s successor, President Tinubu ensures a seamless transition in the administration of Nigeria’s treasury and consolidates the implementation of the present administration’s treasury policy reforms,” the statement added.
Mr Onanuga said Mr Ogunjimi brings over 30 years of extensive experience in financial management across the public and private sectors.
He described the appointee as a career civil servant and the most senior director in the Office of the Accountant General of the Federation (OAGF),
“He has held significant positions, including Director of Funds at the OAGF and Director of Finance and Accounts at the Ministry of Foreign Affairs.
“A chartered accountant, certified fraud examiner, chartered stockbroker, and chartered security and investment specialist, Mr Ogunjimi’s academic qualifications include a Bachelor of Science (BSc) in Accountancy and a Master’s in Finance and Accounting,” the statement added.
According to Mr Onanuga, President Tinubu expressed his confidence in his appointment, saying, “The Office of the Accountant General of the Federation is pivotal to our nation’s treasury management operations. Mr Ogunjimi’s wealth of experience and notable competence will ensure the continued effectiveness of this vital institution as we advance our economic reform agenda.”
President Tinubu also commended the outgoing Accountant General of the Federation, Mrs Madein, for her dedication and selfless service to the nation.
After reaching the civil service’s statutory retirement age, Mrs Madein is retiring effective March 7, 2025.
Jobs/Appointments
CBN Denies Forceful Mass Retirement Amid Restructuring
By Adedapo Adesanya
The Central Bank of Nigeria (CBN) has dismissed claims of forced mass retirement as part of efforts by Governor Yemi Cardoso to restructure the workforce of the organisation.
In a statement released on Wednesday, the Acting Director of Corporate Communications, Mrs Hakama Sidi Ali, clarified that its Early Exit Package (EEP) is entirely voluntary and without any negative repercussions for eligible staff.
According to the statement, the decision to implement the exercise was the outcome of extensive consultations with the bank’s Joint Consultative Council (JCC), a body representing staff interests.
Mrs Sidi Ali explained that the EEP, a longstanding policy previously accorded to the executive cadre, has now been made available to eligible staff at all levels.
“For some time, staff representatives through the JCC had called on management to approve the early exit package for all cadres. Following these discussions, management decided to meet this popular demand,” she said in the statement.
Addressing concerns about potential repercussions for staff who decline the package, Mrs Sidi Ali reaffirmed management’s commitment to supporting employees’ professional growth and well-being, describing the concerns as unfounded.
She further emphasized that the initiative is an internal corporate matter designed to promote career development for staff.
According to wide spread reports, there have been plans to retire approximately 1,000 employees by the end of the year with a payoff estimated to cost over N50 billion.
The mass retirement, which was announced in a circular issued three weeks ago, mandates affected employees to apply for the Early Exit Package (EEP).
The statement allegedly warned employees with less than one year of service or unconfirmed appointments to refrain from applying for the program, noting that the application would remain open until December 7, with an effective exit date of December 31, 2024.
It was reported that the entire EEP was valued at N50 billion.
Jobs/Appointments
CBN Okays Appointment of Benson Ogundeji as Greenwich Merchant Bank CEO
By Modupe Gbadeyanka
The Central Bank of Nigeria (CBN) has approved the appointment of Mr Benson Ogundeji as the chief executive of Greenwich Merchant Bank Limited.
The board of the financial institution for businesses had picked Mr Ogundeji as its substantive CEO but awaited the authorisation of the banking sector regulator.
He brings over three decades of extensive banking experience to this role as a seasoned financial services professional, who previously served as Executive Director at Greenwich Merchant Bank from July 2020, where he played a pivotal role in the bank’s successful transition from the legacy Greenwich Trust Limited to a merchant bank.
In this capacity, he provided oversight for Corporate Banking, Treasury and Global Markets.
Throughout his career, Mr Ogundeji has demonstrated exceptional expertise in business development and operational excellence.
Before joining the firm, he held various senior leadership roles at prominent financial institutions, including Ecobank Nigeria, GTBank, and other notable banks, where he consistently displayed exceptional leadership skills.
His appointment comes at a crucial time as Greenwich Merchant Bank commences the next phase of its growth plans. Having related closely with the new CEO, as an Executive Director and acting CEO in the last four years, the board has expressed confidence about his ability to lead the bank in delivering our strategic goals.
“The board is pleased to announce the appointment of Benson Ogundeji as our Managing Director/Chief Executive Officer,” the chairman of Greenwich Merchant Bank, Mr Kayode Falowo, stated.
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