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UNIBEN Alumni Honours UBA’s Uzoka; Giwa-Osagie, Others
University of Benin Alumni Association, Lagos Chapter has honoured Mr. Kennedy Uzoka, group managing director/chief executive officer of United Bank for Africa(UBA).
The honour which was conferred at an impressive Dinner held at Sheraton Hotel, Ikeja-Lagos at the weekend was in appreciation of Uzoka’s ‘hardwork, diligence and continuous commitment to the values of excellence’ as a banker and head of the Pan-African financial institution with presence in 20 African countries.
Honoured along with Uzoka were Emeritus Professor, Osato Giwa-Osagie, a renowned professor of Obstetrics and Gynaecology and Founder of OMNI Medical Clinic, Dr(Mrs) Rametu Omamegbe Momodu, Deputy Director, National Agency for Food and Drug Administration and Control (NAFDAC), among others.
Kennedy Uzoka
Responding to the honour, Uzoka expressed his delight at being honoured by the university he holds in high esteem, saying, “I am very proud of this great university which was very instrumental in moulding me to what I have become today, driving a financial institution with strong commitment to the development of the African continent,” Uzoka said.
He reiterated his personal commitment and that of the bank to continue to support the development of UNIBEN, adding that UBA has been showing deep interest and support to the institution, for instance, it recently built an ultra-modern ICT Centre at the Ugbowo Campus through the UBA Foundation among other things.
Gen. Felix Edafioghor, chairman of Occasion, who spoke at the occasion, said the dinner was in honour of the Alumni of the university who have contributed immensely to the development of the society and that of the university. He encouraged the alumni to show deep interest in the affairs of their alma-matter by giving back to the university that contributed to their successes.
Also speaking, Pharm. Stephen Onojomete, Chairman, UNIBEN Alumni Association, Lagos Chapter, noted that the award provides an “opportunity to showcase and celebrate our great mean and women who by hardwork, diligence and a continuous commitment to the values of excellence; have recorded major strides in their chosen profession thus contributing to national growth and development in general and projecting the good image of UNIBEN.”
Kennedy Uzoka is a distinguished African business executive, with vast experience in banking, business development, financial and business advisory, strategic planning and execution as well as human resource management.
He is an advocate of disruptive technology and has led many game-changing innovations in the African banking industry over the past two decades of his career.
Uzoka holds a BSc. in Mechanical Engineering from the University of Benin is also a Fellow of the Chartered Institute of Bankers in Nigeria (CIBN).
He is an alumnus of the Advanced Management Program (AMP) of the Harvard Business School, Boston USA, the International Institute of Management Development (IMS) in Lausanne, Switzerland, and the London Business School, United Kingdom.
Bosun Tijani, minister for Communication, Innovation and Digital Economy, has stated that the federal government is geared towards creating about one million technology jobs for teeming Nigerian youth.
Tijani stated this at the official opening of a solar-powered community ICT center built by the National Information Technology Development Agency (NITDA) in Abeokuta, as part of activities marking the 38th Lisabi festival.
The minister emphasised the commitment of President Bola Tinubu’s administration to invest in the digital economy, driving inclusive growth and empowering the country’s teeming youth population.
“The president made it very clear when I came into office, that he will spend efforts and resources in creating one million technology jobs. So, for anybody that is following the development in the world today you will see that there’s no world without technology.
“There is a strong shortage of technology workforce all over the world, and while a lot of the developed countries have ageing population, and not giving birth to kids, in Nigeria, the average age is 16.9, so our young people are being projected to be the workforce of the future, not only for Nigeria.
“This center here is one of many. In the next two months, we are launching about 30 of them all over the country. This center will be properly animated and we will put resources into ensuring that there are courses for young people to come and take here.
“We are also going to ensure that there are job opportunities that we can connect them to and if anyone wants to follow, follow the three million Technical Talent Program which we have started already in the country”, he said.
He therefore charged the youth to remain focus, and not be discouraged, adding that there is massive employment opportunities in technology as there is no enough people to work in technology all over the world.
“If you ask anyone that works in technology, the entry salary is between N350,000 to N500,000. Technology pays really well, so instead of worrying about things being hard, they should take advantage of centers like this, empower themselves and go for the opportunities the world has to offer them”, he added.
Speaking earlier, Oba Adedotun Are, Alake and Paramount ruler of Egbaland, lauded President Tinubu for approving the centre in Abeokuta, saying that this has no doubt marked another new dawn for the people of Egbaland, given rapid growth, development, and economic empowerment of the people.
National Institute for Policy and Strategic Studies (NIPSS) has predicted that the price of Premium Motor Spirit (petrol) will decline as Dangote Refinery and other local refineries commence full operations.
Speaking on Channels Television on Tuesday, April 1, NIPSS Director-General Ayo Omotayo expressed optimism that fuel prices would fall once more refineries become operational.
He projected that petrol prices could drop to around N750 per litre before the end of the year with a more stable exchange rate.
“We’re looking at it coming down as low as N750 before the end of the year. And of course, foreign exchange will still drop to about 1.3 before the end of the year, and it is going to continue like that as more of our refineries come into place.
Omotayo acknowledged the current economic hardships but insisted that the policy would benefit Nigerians in the long run.Traditional Nigerian cuisine
“The gains at this time are very little, but in the long run, we will make up for whatever sacrifices we have made today as Nigerians” he stated
U.S. President Donald Trump has stated that a deal for the sale of TikTok’s U.S. operations is expected to be finalized before the April 5 deadline.
U.S. President Donald Trump
The deadline, set by legislation passed in January, mandates TikTok’s Chinese parent company, ByteDance, to divest its U.S. assets or face a nationwide ban due to national security concerns.
Multiple non-Chinese firms have expressed interest in acquiring TikTok’s U.S. operations.
Private equity firm Blackstone is considering a minority investment, potentially joining existing non-Chinese shareholders such as Susquehanna International Group and General Atlantic.
In a strategic move to facilitate the sale, Trump suggested that he might consider a reduction in tariffs on China, acknowledging that Chinese regulatory approval may be required for the deal to proceed.
The White House has been actively involved in negotiations to ensure that TikTok remains operational in the U.S. while addressing national security risks.
With TikTok’s 170 million American users watching closely, the outcome of the sale is expected to have a major impact on the social media landscape and the broader tech industry.
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