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BUSINESS & ECONOMY

2021 Achievers Award: Leading Industry Players To Brainstorm On Blueprint For Africa’s Development

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Leading Industry players in Africa will gather at the 11th Edition of the African Achievers Awards to develop strategies and blueprints on how Africa can maximize investments from the diaspora that will put the continent on the path of sustainable economic development.

The African Achievers Awards is one of the most prestigious Africa and African-focused awards, which recognizes exceptional Africans for their contribution to the growth and development of the continent. This year’s edition is set to hold this Friday at Kensington Palace, London with the Ayanda Media Network appointed as consulting partner.

Preceding the awards will be an International Colloquium on December 9, 2021, to be held at the University of Cambridge, Hosted by Lord Simon Woolley, Master of Homerton College, Cambridge University.

The theme for this year’s International Summit and Awards ceremony at the African Achievers Awards 2021 is “Maximizing Diaspora Investments for Sustainable Development in Africa.”

The Chief Executive Officer of the African Achievers Awards, Dr Tonye Rex Idaminabo, stated that the choice of this year’s theme is a result of the need to tap into African diaspora expertise and resources to accelerate the process of realizing impressive economic growth and sustainable social transformation in Africa,” Idaminabo said.

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“There is a dire need to tab, mobilize, and channel Diaspora investment in Africa to help address the growing demands for investment and employment in the continent. This year’s summit and awards ceremony, therefore, provides a platform for industry leaders in Africa to converge, and discuss strategies and develop a blueprint on how to mobilize diaspora investment opportunities for Africa,” he further said.

Idaminabo in a letter dated December 5th 2021, appointed the CEO of Ayanda Media Network, Ms Ayanda Ngwane, as the consulting media partner, to ensure the maximum success of the awards, following her outstanding performance in similar events over the years.

Created in 2010, the African Achievers Awards has become one of the most reputable awarding bodies on the African continent and unarguably the biggest annual gathering of influential African achievers. Over the years, the awards have honoured and celebrated great African trailblazers whose works have had a meaningful impact on building Africa, including worthy African political leaders, exceptional young achievers, passionate and dedicated community builders, and captains of industries.

On the side-line of the awards, African Achievers Awards Foundation will launch its Mentorship Program designed to raise the next generation of African trailblazers by identifying highly talented and emerging innovators and entrepreneurs across the African continent who are motivated and inspired to provide lasting solutions to the existing problems confronting the continent.

The programme will connect them- a minimum of one thousand mentees with already established industry leaders who are past honourees/ Alumni of the African Achievers Awards and will be provided with the necessary career tools, resources or start-up capital to help them achieve their set goals and career aspirations.

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Some of the notable names who have been awardees at previous editions of the African Achievers Awards include Arch. Bishop Desmond Tutu; H.E Nkosazana Dlamini-Zuma, Former Chairperson the African Union; H.E. Jakaya Kikwete, former President of the Republic of Tanzania; Dr Josephine Ojiambo, former Deputy Secretary-General of The Commonwealth; Dr Margaret Blick Kigozi, former Executive Director, Ugandan Sports Authority – who currently works as a consultant at United Nations Industrial Development Organization (UNIDO.

Others are, Late Rilwan Lukman, former Secretary-General, OPEC; Divine Ndikhuluka, Former Chairperson, Zimbabwe Chamber of Commerce; Late Prof. Atta Mills, former President of the Republic of Ghana; Mo Abudu, CEO Ebony Life Television; Kofi Annan Foundation; Naseeb Abdul Juma Issack, popularly known by his stage name Diamond Platnumz; amongst others.

The Consulting Media partner, Ngwane, is a journalist by profession, TV host and Producer of Sharing with Ayanda TV Show who has been commended for her contribution to the industry and society. She is also the Editor in Chief of the Diplomatic Envoy Newsletter and Media Consultant with working experience that spans across the African Continent. Ngwane is a renowned PR/Media Consultant in Nigeria, Angola and South Africa. She was the Publicist for the 2015 Davos World Economic Forum(African Chapter) and African Women in Leadership Conference and PR Director for Goodwill Ambassador Awards and now the CEO of Ayanda Media Network.

She has expertise in TV productions, documentaries, blogging, TV commercials, Publishing, event coverage, public relations and communications campaigns.

Ngwane’s works and success stories precede her and she has attracted and continues to attract recommendations. Ngwane has designed and implemented a detailed marketing plan for content ad-sale, sponsorship and distribution that provided minimum gross income for the Media house of 2.4million dollars per year.

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“Part of my professional media experiences entails that I designed a detailed concept and implementation plan for the channel’s broadcast operations infrastructure and technology, from system design to integration, which are intellectually proprietary innovations I conceived.

“I produced a project plan and work flowcharts with clear tasks, timelines and milestones. I selected and assembled a project team, made up of renowned professionals and assigned these tasks to them. I identified and acquired the most suitable technologies and experience to build the support infrastructure for press/broadcast operations in an environment such as Nigeria,” she said.

Ibrahim Aminu Ndakpoto at the Office of the Deputy Chairman House Committee on Petroleum Upstream National Assembly Abuja described Ngwane as a definition of true journalism.

“My first contact with her was when she flew her crew into Ilorin for event coverage and I said to her how much are your charges? She said we don’t do reporting for money but to inform the populace. Ayanda media PR spans across Africa, Europe and the United States of America one thing you can’t take away from her is the Truth not driven by price but Service. I stand to say without contradiction Ayanda simply is the best PR company I know in Nigeria with very good new media coverage,” he said.

In addition to Media and public relations, Ngwane is thriving in the international business space. She is set to
launch an 80% Oud perfume brand and pure organic skin-care line in partnership with Woolworth. Ngwane is a mother to amazing children and core humanitarian with foundations that cater shelters, medical and educational support/care to refugees especially women and children.

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BUSINESS & ECONOMY

Aero To Commence Payment To Redundant Employees In Batches

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There are strong indications that Aero Contractors will resume payment to some of its redundant employees by the end of this month.

Comrade Olayinka Abioye, General Secretary of the National Association of Aircraft Pilots and Engineers (NAAPE), told journalists that the airline would resume paying affected employees in batches.

According to Abioye, the union learned of this earlier this week during a meeting with Aero Contractors management, led by Capt. Ado Sanusi, the airline’s Chief Executive Officer (CEO), at the airline’s office at Murtala Muhammed Airport (MMA), Lagos.

Abioye explained that the union reached an agreement with the airline’s management to make payments in April, emphasising that two employees from each of the three unions would be paid monthly.

With this, six members of the affected unions, Air Transport Senior Staff Services Association of Nigeria (ATSSSAN), National Union of Air Transport Employees (NUATE), and NAAPE, will be paid monthly until all backlogs are cleared.

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Abioye stated that with more funding and access to resources, the airline’s current management could improve the airline’s and its employees’ conditions.

He stated: “Aero described its current challenges, which are impeding their willingness to commit more funds to service outstanding redundancy benefits. Second, we have agreed that payments for two people from each of the three unions will be made this month (April), with NAAPE members receiving 75 per cent of these payments.

“We have demonstrated our commitment to Aero’s continued growth, and this has rekindled hope that things can be done better with more funds at their disposal.

“I would like to plead on behalf of the secretariat that, based on our observations of the airline’s current situation, it cannot do any better than what has just been offered. Let us hope that by next month, some other people will have something to smile about.

Sanusi stated earlier this month that it had paid approximately 95% redundancy packages to some of its employees affected by the exercise a few years prior. He promised that the remaining 5% of affected workers would be paid very soon.

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According to him, 225 out of the 237 staff affected by the redundancy package had been paid off, accounting for 94.94 per cent of those affected.

A further breakdown of the affected workers revealed that three members of ATSSSAN and nine members of NAAPE were still affected by the exercise.

Sanusi also lamented in the interview that the operating environment in which the airlines operate was hostile to business, but that despite this, management had been relentless in ensuring that the vast majority of affected individuals received their entitlements.

He assured that Aero Contractors would continue to fulfil its obligations to all employees, but urged that unions not be used to disrupt airline operations.

He stated, “The Company has successfully disbursed redundancy payments to 94.94 per cent of affected employees. Admittedly, we still have financial obligations to a few affected employees.

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“However, plans are underway to offset these costs, and we have been engaging with affected employees to keep them informed of everything the company is doing and going through.”

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OIL & GAS

NNPC, First E&P Achieve 20,000bpd Production At OML 85

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NNPC boss, Mele Kyari

The Nigerian National Petroleum Company Limited (NNPC Ltd) and its joint venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have begun producing oil from the asset known as Madu Field.

 

The field, located in shallow waters offshore Bayelsa State and operated by First E&P, is expected to produce an average of 20,000 barrels per day.

 

The achievement demonstrates the President Bola Tinubu administration’s commitment to optimising production from the country’s oil and gas assets by creating an enabling environment for existing and prospective investors.

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Speaking about the development, NNPC Ltd’s Group Chief Executive Officer, Mr Mele Kyari, described the start of oil production at the Madu Field as a significant milestone that will contribute to the larger goal of meeting the production required to drive revenue growth and boost the country’s economy.

 

Kyari praised stakeholders for their support and explained that the addition of 20,000 barrels per day by an indigenous oil player demonstrates stakeholders’ commitment to Nigeria’s economic development.

 

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The NNPC Ltd/First E&P JV made the Final Investment Decision (FID) on the development of the Madu Field and its sister field, Anyala, in 2018.

 

The Madu Field’s production will be processed at the JV’s Abigail-Joseph Floating Production Storage and Offloading (FPSO) Unit, which can store up to 800,000 barrels of crude oil.

 

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BUSINESS & ECONOMY

 FCCPC Storms Masaka Market, Engages With Traders Association, Others Over Hike In Food Prices

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Food market

The enforcement team from the Federal Competition and Consumer Protection Commission (FCCPC) on Friday, stormed Masaka market, located in Nasarawa State, and engaged with the executive members of the Market Association, traders and consumers in a bid to stem the rising cost of food items in the market.

Mrs. Boladale Adeyinka, Director, of Surveillance and Investigation, FCCPC, who led the enforcement team to the market located in Karu Local Government Area of Nasarawa State, said the team was on a fact-finding mission to understand why the prices of food items continue to soar despite the measures put in place by the Federal Government to stem it.

Adeyinka explained that recently, Naira has been appreciating against the Dollar, adding that it is expected that this measure would bring down the cost of food items in the market.

Briefing newsmen at the end of the fact-finding mission, Adeyinka explained that the enforcement team of the FCCPC was in the market to interact with executive members of the Traders’ Association, traders and consumers.

She noted that the team of investigators had gathered information on what is responsible for the skyrocketing prices of food items in the market despite the frantic efforts made by the government to stabilise the prices of goods and services.

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She identified multiple taxation imposed on traders by various associations in the market as well as the high cost of transportation as being responsible for the high cost of items in the market.

Adeyinka said a concise report would be developed by the Commission, which would advise the government on how to remove multiple taxation to reduce the prices of food items in the market.

The Director of Surveillance and Investigation further assured that the illegal activities of cartels who often impose levies on the traders would be checkmated.

Also speaking, Danlami Salisi Gimba, General Chairman of, Masaka Market Association, blamed the removal of the fuel subsidy as being responsible for the high cost of goods in the market.

Gimba appealed to the government to reduce the price of fuel to ensure that the cost of transportation is greatly reduced, which would in turn impact positively on the prices of food items.

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Some traders who spoke to our Correspondent decried the high rate of hunger as well as low sales in the market.

They appealed to the government to, as a matter of urgency, bring down the cost of fuel and introduce policies that would create a new lease of life for the citizenry.

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