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Buhari Weighs Reelection, Tambuwal, Others Tapped as Replacement

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President Muhammadu Buhari

President Muhammadu Buhari is facing increasing calls not to seek re-election next year, but he will probably decide to run and will be the favorite, according to New York-based risk consultancy Eurasia Group.

 

The 75-year-old has been urged over the past month by former president Olusegun Obasanjo not to stand for a second term, while ex-army ruler Ibrahim Babangida has publicly said Nigeria needs a new generation of leaders.

 

His wife Aisha re-tweeted messages suggesting he wasn’t fully in control of the government.

 

“There is a 35 percent chance that Buhari decides not to contest the 2019 election,” Amaka Anku, head of Eurasia’s Africa practice, said in a note to clients.

 

“Nonetheless, walking away from the presidency would be a very difficult move for Buhari. He will face significant pressure from his closest advisers to seek a second term, even if he personally prefers to step aside.”

 

Buhari’s critics have said his economic policies exacerbated a slump triggered by the 2014 crash in oil prices and that he hasn’t done enough to quell violent clashes between farmers and herdsmen.

 

They’ve also questioned whether he’s fit enough for the job after he spent more than five months in London last year being treated for an undisclosed illness.

 

“He will therefore decline another attempt at the presidency only if medical issues prohibit a tough campaign schedule,” Anku said.

Aminu Tambuwal of Sokoto

If Buhari, who came to power in 2015, decides not to run, two potential candidates to replace him are state governors Aminu Tambuwal of Sokoto and Kashim Shettima of Borno, Anku said.

 

Vice President Yemi Osinbajo, a southerner who’s respected among much of the business community, would only be a candidate next year “in the unlikely event” that Buhari, a northerner, publicly backed him, she said.

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4th Tony Elumelu Foundation Entrepreneurship Forum Holds October

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Tony Elumelu flanked by foundation beneficiaries

Africa’s leading entrepreneurship-focused philanthropic organisation, the Tony Elumelu Foundation (TEF), has announced October 25, 2018, as the date for its 4thannual TEF Entrepreneurship Forum.

 

The largest gathering of African entrepreneurs and the broader entrepreneurship ecosystem will unite over 5,000 entrepreneurs, global investors, leaders from the African public and private sectors and developmental organisations at the Federal Palace Hotel, Lagos.

 

The event is a unique opportunity to generate ideas, forge networks and bring policymakers and the private sector together, in a spirit of robust debate and interaction.

 

The 2018 cohort from the Tony Elumelu Entrepreneurship Programme, as well as mentors and partners, will be present, as the culmination of their intensive twelve-week induction.

 

In keeping with the Foundation’s track record―most recently with President Macron of France―of bringing politicians face to face with the new generation of young business women and men shaping Africa, the Forum will include an interactive session with President Uhuru Kenyatta of Kenya and President Nana Akufo-Addo of Ghana, moderated by TEF Founder, Tony O. Elumelu.

 

The Forum will also feature the launch of the TEFConnect, the world’s largest digital platform for African entrepreneurs, dedicated to connecting African entrepreneurs and the entrepreneurship ecosystem.

 

Tony O. Elumelu, founder, stated: “In just four years, we have directly impacted 4,460 entrepreneurs, and we are beginning to see the results – job creation, ripple effects, but most importantly a recognition that Africa’s economic well-being is driven by entrepreneurs: female and male, large and small – they are the engine of our continent’s transformation. We will be championing and celebrating them. This year, we are truly achieving scale and impact; we received over 150,000 applications in 2017 alone, up from 20,000 applications in 2015. We are now calling on the current generation of African success stories and others to partner with us to see how we can all further create impact, genuinely transform millions of lives and increase the number of inspiring stories we will be hearing in Lagos”.

 

Parminder Vir OBE, TEF CEO, stated: “The TEF Entrepreneurship Forum is the only event across the continent that brings together the complete African entrepreneurship ecosystem, demonstrating our commitment to capturing the whole continuum – from the entrepreneurs themselves, governments who must provide enabling environments, to capital, advice and perhaps most importantly access and network”.

 

Inspired by Tony Elumelu’s economic philosophy of Africapitalism and his vision to institutionalise luck and democratise opportunity for a new generation of African entrepreneurs, the Tony Elumelu Foundation has implemented one of the most ambitious entrepreneurship programmes globally.

 

The Programme is a 10-year, $100 million commitment to identify, train, mentor, and fund 10,000 entrepreneurs. Its goal is to invest in businesses that will generate at least 1,000,000 new jobs and contribute at least $10 billion in new annual revenues across Africa.

 

In its 4th year, TEF Entrepreneurship Programme has empowered 4,460 entrepreneurs with a total investment of USD20million; 4,000 funded directly by the Foundation and 460 have been funded by partners.

 

 

 

 

 

 

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SNEPCo MD Calls for Diversification Roadmap as Shell Wins SPE Exhibition Award

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L-R; Lead, Subsurface Shallow Water, Shell Nigeria Exploration and Production Company (SNEPCo), Kefe Amrasa; Outgoing Chairman, Nigeria Council of the Society of Petroleum Engineers, Chikezie Nwozu; Managing Director, Shell Nigeria Exploration and Production Company, Bayo Ojulari and Shell’s Vice President, Health, Safety and Environment, Osa Igiehon, at the presentation of The Best Exhibitor Award to Shell at the just-concluded SPE Nigeria annual conference and exhibition in Lagos.

Bayo Ojulari, managing director, Shell Nigeria Exploration and Production Company (SNEPCo), has harped on economic diversification as a panacea for job creation and rapid economic growth of Nigeria.

 

Ojulari, spoke at the just-concluded annual conference and exhibition of the Nigeria Council of the Society of Petroleum Engineers (SPE) where Shell Companies in Nigeria bagged the award for best exhibitor, beating to the second and third positions Chevron and Exxon Mobil respectively.

 

Speaking on the conference theme, Diversification of the Nigerian Economy – The Oil & Gas Industry as an Enabler, Ojulari called for a diversification roadmap bearing the commitment signature of major stakeholders in the Nigerian project. “With such a roadmap, we are able to track performance year-in year-out while remaining focused.”

 

Ojulari added, “For Nigeria to diversify its economy, it must leverage the low hanging fruits such as agriculture, petrochemicals, which use gas as its feedstock and most importantly, education and technology.”

 

At the awards ceremony, two Shell staff,  Oghogho Effiom and Stella Egwim, received the SPE Nigeria Chairman Medallion awards while 10 other Shell staff got Service awards. The awards demonstrate a strong Shell participation at the 2018 SPE conference at which 20 technical papers were delivered by Shell staff out of 150 papers constituting about 13% from Shell .

 

“Over the years, Shell Companies in Nigeria have continued to demonstrate thought leadership at flagship industry events such as the SPE and we continue to promote self-development and professional affiliation by our staff as part of our wider human capacity development in Nigeria,” said Ojulari who received the best exhibitor award from Mr. Chikezie Nwosu, outgoing SPE Nigeria Council Chairman.

 

Shell’s exhibition stand combined aesthetics, architecture, informative posters, panel discussion sessions, career talks, video presentations and the ever popular Shell Health stand, to be a central attraction at the conference.

 

Visitors who thronged the Shell booth were received by the Lead exhibitor, Kefe and team. The guests were drawn from oil servicing firms, equipment manufacturers, student, professional and academic bodies as well as international and indigenous oil contractors and companies.

 

 

 

 

 

 

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Anambra, Ebonyi and Imo States benefit from MTN’s Emergency Ward Intervention Project

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In the spirit of brightening lives across different states in Nigeria, the MTN Foundation recently extended its Emergency Ward Intervention project to south-east Nigeria, donating medical equipment and health supplies to Anambra, Ebonyi and Imo states.

 

MTN, through its social investment vehicle – MTN Foundation – is dedicated to alleviating the vast health care needs of Nigerians especially for residents in local communities who cannot afford to pay for proper medical services.

 

Staff of the benefiting hospitals: Chukwuemeka Odimegwu Ojukwu University Teaching Hospital,Awka, Anambra; Federal Teaching Hospital Abakaliki (FETHA 1), Ebonyi and Imo State University Teaching Hospital(IMSUTH), Owerri were excited to receive the donations from the Foundation.

 

Dignitaries including health commissioners from various states who attended the handover ceremony applauded MTN for reaching out to them and positively transforming the health care system in their communities.

 

Some of the medical equipment and consumables donated by MTN Foundation include digital patient monitors, stethoscopes, fracture immobilizers, laryngoscopes, and aspiration suction machines, amongst others.

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