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Okonjo-Iweala Offers Success Recipes to Career Women

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WISCAR 2020 Career Women

By Ahmed Rahma

The importance of women living authentically, pulling on the power and building networks in order to attain the desired stage in their career and life has again been emphasised at the Women in Successful Careers (WISCAR) 2020.

At the annual event, the keynote speaker, Mrs Ngozi Okonjo-Iweala, stated that, “If you are going to be a leader, you have to be yourself and have self-confidence.”

“You also need to give back to others and to society. This could be by simply running a winning enterprise and employing people, but your self-confidence and vision will need to be visible.

“Evolve a style for yourself and get people to focus on your substance, don’t be afraid to make your presence felt and don’t be afraid to make your point,” she further said.

In her goodwill message, the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed that women have a huge role to play in the national discourse.

“We in government have heeded the call to action for the development and implementation of strategic policies and initiatives that would aid in closing the gender gap. A call to promote women leadership and economic empowerment.

“I sit here today, having benefitted from mentorship from both men and women who had seen my potential and had to champion my work and advancement. I therefore believe strongly in the power of mentorship and in the work of organizations such as WISCAR,” she said.

In her contribution, the chairperson of WISCAR, Ms Amina Oyagbola, said the theme of this year’s conference, The Future We Want, accurately describes the immediate need for all to fully participate in rebuilding the nation especially after what has been termed by many as a most unusual year.

In her words, “Through proactive partnerships, we would remove the socio-economic and cultural barriers that prevent women from fully participating in the society and also from reaping the economic benefits of their participation.

“It is also pertinent that everyone is united in this common cause of creating a better future, not just for us here but for the coming generation. Our actions must be sustainable and impactful.”

She further thanked all participants, the panelists, keynote speaker and well-wishers who in one way or the other contributed to the success of the event.

WISCAR is a non-profit organization focused on empowering and developing professional women to contribute to development and growth in Nigeria and indeed Africa.

Ahmed Rahma is a journalist with great interest in arts and craft. She is also a foodie who loves new ideas. She loves to travel and would love to visit other African countries someday. She is a sucker for historical movies and afrobeat.

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Buhari Swears-in Bello Shehu as RMAFC Chairman

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Mohammed Bello Shehu

By Adedapo Adesanya

President Muhammadu Buhari on Wednesday, August 17 swore in the newly appointed Chairman of the Revenue Mobilization Allocation and Fiscal Commission (RMAFC), Mr Mohammed Bello Shehu.

The new RMAFC chairman was administered an oath in the council chamber of the State House in Abuja just before the president presided over the weekly Federal Executive Council (FEC) meeting.

Speaking with journalists after the swearing-in, Mr Shehu explained that although the task ahead of him is daunting, he is certain that the commission will assist the Buhari-led administration to block leakages.

He also noted that he will assist the appropriate bodies to generate more revenue for the Federation and implement its constitutional responsibility.

As one of the 14 constitutional Commissions, the RMAFC chairman maintained that he will ensure that the commission’s independence is upheld as enshrined within the Constitution.

Alongside the president, others physically in attendance at the FEC meeting included the Secretary to Government of the Federation, Mr Boss Mustapha; Chief of Staff to the President, Mr Ibrahim Gambari; and National Security Adviser, Maj. Gen. Babagana Mungonu (rtd).

Others were Ministers of Information and Culture, Mr Lai Mohammed, Finance, Budget and National Planning, Mrs Zainab Ahmed, and Justice, Mr Abubakar Malami; Mines and Steel Development, Mr Olamilekan Adegbite, Niger Delta, Mr Umana Umana; Power, Mr Abubakar Aliyu, Sports, Mr Sunday Dare; Water Resources, Mr Suliaman Adamu, Science and Technology, Mr Olorunibe Mamora.

Also in attendance were the Ministers of Water Resources, Federal Capital Territory, Mr Mohammed Bello, Works and Housing, Mr Babatunde Fashola, Agriculture, Mohammed Abubakar, Aviation, Mr Hadi Sirika, Mines and Steel Development, Mr Olamilekan Adegbite and Minister of State Education, Mr Goodluck Opia.

The Vice President, Mr Yemi Osinbajo joined virtually as well as the Head of Service of the Federation, Mrs Folashade Yemi-Esan and other ministers.

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Hann Succeeds Chimphondah as Shelter Afrique CEO

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Hann Shelter Afrique

By Aduragbemi Omiyale

Shelter Afrique has announced the appointment of Mr Thierno-Habib Hann as its new chief executive officer, replacing Mr Andrew Chimphondah, who left the company early this year.

A statement from the Nairobi-based pan African housing development financier disclosed that Mr Hann brings to the company over 20 years of experience in housing finance, capital markets and structured finance.

According to the chairman of Shelter Afrique, Mr Ephraim Bichetero, the selection of the new CEO was very competitive, based on merit and competence.

He is expected to strengthen governance, be an embodiment of the values of the organisation and drive the investment strategy of the firm focused on delivering large-scale affordable housing.

“Mr Hann has extensive international experience in housing finance, capital markets and structured finance, set-up and management of investment funds with banking and multilateral institutions, spanning over 20 years.

“He brings with him a wealth of leadership experience in development and investment, sharp insight in the real estate landscape and a strong track record of delivery. Over the years, he has developed housing finance transactions in the US, Latin America and Eastern Europe, valued over $32 billion,” Mr Bichetero said.

Business Post gathered that Mr Hann will not resume office at the moment because he currently serves as the Asia/Pacific Lead for housing finance at the International Finance Corporation (IFC) based in Bangkok, where he leads the strategy development and implementation of the housing finance program with a portfolio of over $2 billion.

He will join the organization at the end of his current contract with IFC and in the interim, Mr Muwowo will continue to serve as Acting Managing Director.

Mr Hann, a native of Guinea, began his career at the consulting firm Arthur Andersen, LLC as a Senior Consultant in Financial Services and Capital Markets in New York City.

He has worked at JPMorgan Chase and Goldman Sachs as Manager and Vice President respectively and led investment teams issuing mortgage-backed securities (RMBS/CMO), and credit derivatives (CDS) in these organizations.

He also served at the World Bank Group as the Private Sector Development Program Manager in Guinea, responsible for designing and implementing the business climate improvement program, while developing a bankable pipeline of investments and government advisory projects in strategic sectors of the economy.

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Electricity Workers Threatens Strike from Today

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electricity workers

By Adedapo Adesanya

Organised labour has directed workers in the power sector to down tools and commence an indefinite strike from Wednesday, August 17 over pending labour issues with the Transmission Company of Nigeria (TCN).

The National Union of Electricity Employees (NUEE) on Tuesday demonstrated at the headquarters of the TCN in Abuja.

They complained about the alleged failure of the federal government to pay the entitlement of former staff of the defunct Power Holding Company of Nigeria (PHCN) in December 2019.

The aggrieved workers under the aegis of the National Union of Electricity Employees (NUEE) said this is a prelude to an indefinite strike action expected to commence today.

In a circular entitled “call to action”, the General Secretary of NUEE, Mr Joe Ajaero, directed them to ensure total compliance, vowing to paralyse operations of TCN nationwide over what they consider “anti-masses activities.”

This means the nation’s electricity supply crisis could worsen from Wednesday following this decision if an impasse is not reached.

“You are hereby enjoined to mobilise immediately for a serious picketing of TCN Headquarters and stations nationwide over the directive by the TCN Board that all PMs in acting capacity going to AGM must appear for a promotion interview,” the circular read.

“This directive is in contravention of our conditions of service and career progression paths, and unilaterally done without the relevant stakeholders.

‘’This action takes effect from Tuesday 16th August 2022 and total withdrawal of services commences on Wednesday 17th August 2022. Ensure full compliance in all the stations nationwide.”

This will not be the first time electricity workers will threaten to put the nation in darkness. On May 18, the union issued a 14-day ultimatum to the Managing Director/Chief Executive Officer, MD/CEO of the company.

In the circular titled “Unresolved issues on the year 2021 promotion exercise and others,” the union threatened to down tools at the expiration of the ultimatum if its grievances were not addressed.

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