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BCIU Honours Elumelu with the Dwight D. Eisenhower Global Entrepreneurship Award

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l-r: Vice Chairman of the Forbes Publishing company, Mr. Kip Forbes; Award Recipient, Group Chairman, United Bank for Africa Plc and Founder, Tony Elumelu Foundation, Mr. Tony Elumelu; and Interior Designer and Granddaughter of General Dwight D. Eisenhower(34th President of the U.S.A), Ms. Anne Eisenhower during the conferment of the prestigious Dwight Eisenhower Global Award for Entrepreneurship on Elumelu by Business Council for International Understanding(BCIU), at the Cipriani in New York City on Monday

The Business council for International Understanding (BCIU), a non-profit U.S Business association dedicated to forging relationships and promoting dialogue between business and government communities across the globe, tonight presented the prestigious Dwight D. Eisenhower Global Entrepreneurship Award to both Tony O. Elumelu and Bill Marriott, chairman, Marriott International Inc.

 

The award was conferred on Elumelu in recognition of his outstanding work in promoting Entrepreneurship on the continent of Africa and across the globe. Elumelu, himself a serial entrepreneur, through his Tony Elumelu Foundation, has funded over 3,000 African entrepreneurs to date with his U$D100 million ccommitment to 10,000 entrepreneurs over a period of 10 years.

 

These entrepreneurs are expected to create a million new jobs and over U$D10 billion in revenue as a result of the initiative of Elumelu’s Foundation.

 

At the award’s gala, former American President George W. Bush, acknowledged the efforts of the African entrepreneur saying ‘I am impressed with Tony’s philanthropic initiatives which are powering job creation and entrepreneurship in a region(Africa), that is very dear to Laura and me.  To receive an award founded by President Eisenhower, has added meaning. Eisenhower provided example in leadership, which we can all learn from. Additionally, his belief in promoting international understanding is a vitally important responsibility.

 

Speaking on the reason why Elumelu was selected as the recipient of this prestigious award, Peter Tichansky, the CEO of BCIU said ‘Mr Elumelu’s bold approach and can-do mindset are exemplary characteristics of a visionary entrepreneur. He embodies the idea that companies must take the lead in bringing business and society together. His advocacy is proving that businesses, acting as businesses and not charitable donors, are the most powerful force for addressing social challenges and economic development’

 

Indeed this is the philosophy of Elumelu, founder of the concept of Africapitalism, which essentially states that Africa’s private sector must play a leading role in the development and growth of the continent as both governments and the private sector come together to make this happen.

 

Elumelu who was presented his award by Kip Forbes and Anne Eisenhower(the granddaughter of President Eisenhower,) in his acceptance speech stated: ‘President Eisenhower was a man of many dimensions and most important is his leadership. Being recognized today as a recipient of the inaugural global entrepreneurship award is an honour that resonates with so many people in Africa. What our entrepreneurs in Africa need is powerful leadership to further energise, encourage and motivate them to transform the continent.’ He went on to say ‘ I hope this will further spur on other Africans and friends of Africa, to make sure we work together for an inclusive prosperity’.

 

Elumelu dedicated his award to his wife and children as well as the staff of UBA, Transcorp, Heirs Holdings, the Tony Elumelu Foundation and all the other companies within his group of companies. He thanked BCIU on behalf of entrepreneurs in Africa: ‘On behalf of the over 3000 entrepreneurs who have benefitted from the Tony Elumelu Foundation Entrepreneurship programme, I say thank you very much.

 

The award ceremony and gala took place at the historic venue, the Cipriani on Wall street in New York

 

 

 

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So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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FG Urged to Use Nigerian Communications Consultants to Frame Economic Narratives

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The Federal Government has been called upon to use Nigerian Public Relations and Marketing consultants to frame the nation’s economic narratives.

The appealed was made by one of Africa’s leading economists, Dr. Biodun Adedipe, at a Fireside Chat, organised by the Public Relations Consultants Association of Nigeria (PRCAN) at the Civic Centre, Victoria Island, Lagos, recently.

Speaking on the theme of the session, “Macro-economic Factors That Will Impact the Nigerian Marketing Communications Industry in 2018,” Adedipe counselled the Muhammadu Buhari administration to tap into the expertise of Nigerian PR and Marketing Communications consultants to help the government frame its economic narratives and distill the message for better understanding of the populace.

Adedipe said: “Nigeria has exited recession going by the GDP growth recorded in the last two quarters. Government will therefore need to communicate better than it has ever done to be able to receive social approval for some of its policy initiatives and options.”

He cited the example of the initial opposition to the government borrowing plan as an example of how using communications consultants could have made the task easy for the Federal Government. “It took a single session with members of the Nigerian Senate for them to understand the wisdom in using long-term loans for infrastructure development. The Nigerian Senate approved the borrowing plan immediately the economic case for taking such a loan was well articulated before them. This is your job. This is what the Nigerian government should rely on you for,” he said.

Adedipe also counselled communications consultants in Nigeria not to wait for the invitation from government. He advised them to always put forward their professional opinions on what government should be saying and doing per time. He said: “You must always have a voice in the room. Your professional opinion on key national issues must always be articulated and put forward to the government, whether solicited or not.”

On the economic outlook for 2018, Adedipe said there was no doubt about the fact that Nigeria had exited recession. “We have had two quarters of positive growth back-to-back and there are strong indications that the last quarter of the year 2017 will record more GDP growth too,” he stated. He advised businesses to begin to watch out for recovery signs.

Adedipe further said: “A nation can go through the different phases of boom, recession and slump to recovery. So, there are recovery signs you need to begin to watch out for. Nigeria now has a brighter outlook. You must keep your eyes on sectors such as agriculture, manufacturing, ICT, real estate, mining and trade amongst others.” He explained that these were dominant contributors to the nation’s GDP as they were of interest for government.

Adedipe also advised PR and communications consultants to commit to research, best practices, top quality services, relentless improvement and to conduct proper diagnosis on the businesses of the clients they hope to service.

In staying true to its values, PRCAN used the opportunity presented by the event to induct a new PR agency, Media Panache, into its membership at the event. The Public and Social Relations agency is led by Timilehin Bello.

PRCAN is legally chartered by By Law No. 3 (1993) of the Nigerian Institute of Public Relations (NIPR), to cater to the interests of the consultancy side of PR practice in Nigeria. It currently has a membership of 51 PR consultancy firms providing services across at least 21 PR practice areas.

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Three Startups Win GenesysIgnite $10,000 Innovation cash Prize

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(R-l): Dr. Ogbonnaya Onu, minister of Science and Technology, in company of Senator Ken Nnamani, president of the Senate of Nigeria, presenting cheque to GenesysIgnite winners while Kingsley Eze watches on. 

By peter oluka

 

Winners have emerged after pressure-filled GenesysIGNITE pitch sessions. The three winners- PlayJoor, TutorFinder and House of Uwe were unveiled on Friday at the South East Startup Convergence, one of the biggest technology conferences in the region put together by Genesys Tech Hub in collaboration with CFAtech.ng.

 

Presenting the cheques to the winners, Dr. Ogbonnaya Onu, minister of Science and Technology, in company of Senator Ken Nnamani, president of the Senate of Nigeria, and other dignitaries, applauded Genesys Hub for the providing financial assistance to the startups, which has remained one of the painpoints of Startups in the region.

 

“Any nation that produces science and technology experts is always the toast of the world. Teneces is doing what the Government has in mind with regards youths development- capacity building, incubation, venture capitals, and other supports.

 

The winners are:

Tutor Finder NG

Tutor Finder NG is the leading home tutors in South East Nigeria with reach in Owerri, Awka, Enugu and Aba and over 54 professional tutors .  

They provide learners with the advantage of quality, experienced and innovative teachings that make them become the finished articles, far beyond the limitation of class room learning.

They simply bridge the gap!

Tutor Finder provide support to classroom instruction and assignments and go back and deal with building blocks that were missed.

One-to-one tutoring helps students build confidence, and get individualized support and better grades.

 

PlayJoor

PlayJoor is a platform for real time multiplayer games. The developers make it possible for players to earn while competing against other players at a game they are skilled at.

The startups founders believe that people should enjoy games they are skilled at and to cap it up, earn while playing the games.

Tagline: Real-time games with real people

 

House of Uwe (cloth)  

This is an e-commerce shop selling made-to-order African apparels proudly designed in Africa by very experienced African designers.

 

House of Uwe provides a solution to the need of the fashion market by allowing shoppers order a custom made, individually tailored piece they truly love.

 

Earler, Senator Nnamani, said that the future of Nigeria belongs in the digital age, adding that it will become visible if the country strategizes properly.

 

Senator Nnamani, said that the educational institutions, charged universities in the zone to strive in research and development as panacea for digital revolution in the area.

 

He said: “What Tenece is trying to ignite in the South East and Enugu State in particular is awesome, by projecting and opening the eyes of our young people to tech disruptions.

 

 

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FG Plans N180bn Investment on National Science, Technology Roadmap

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Dr. Ogbonnaya Onu, Minister of Science and Technology, has said that the Federal Government is committed to investing N180 billion to ensure successful implementation of the National Science, Technology and Innovation Roadmap (NSTIR) 2030.

Onu said this at the ongoing 15th meeting of the National Council on Science and Technology in Benin.

He said the amount, which would be over a period of three budget years, would be in the short term basis of the roadmap.

Onu said the ministry was keen on implementing the roadmap, in collaboration with wide variety of stakeholders, including public and private research development centres.

He expressed optimism that the implementation of the planned NSTIR 2030 programmes and increased investment in Science, Technology and Innovation (STI) would help actualise Nigeria’s dream to join the top 20 of technologically advanced countries in the world.

Onu noted that though the country was yet to reach its full potentials in the deployment of STI deliverables into projects and programmes due to some identified challenges, it had been able to attain some mileage within the past few years.

He also said that the Economic Recovery and Growth Plan (ERGP) 2017 to 2020 recently launched by the present administration, focused on macroeconomic policy improvement, economic diversification, competitiveness, improvement, social inclusion and job creation.

The Minister said the ERGP targeted that the Nigerian economy would recover strongly with a GDP growth of seven per cent, driven by non oil sector growth of 7.2 per cent by 2020.

This, he said, would also help in the steady expansion of the agriculture, manufacturing and services sectors, adding that approximately 15 million net jobs would be created with poverty reduction from 61 per cent to 50-55 per cent by 2020.

Onu said the ministry was committed to playing its required role in ensuring that the ERGP strategies were STI driven and successfully implemented.

He said that the theme of the meeting “Nigerian Economy Driven by Science and Innovation”, was apt and captured the new direction the country had resolved to follow, in the quest to revive and strengthen the economy.

Onu explained that it was aimed at “helping to strengthen and diversify the economy in a sustainable manner by encouraging the harnessing and application of STI apparatus in the Nation’s development process’’.

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