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Youth Groups, 9 NGOs Honour New Horizons CEO For Youth Empowerment
Mr. Tim Akano. the CEO of New Horizons Nigeria, has been honoured by Nigerian youths for his relentless commitment and unparalleled passion for youths’ empowerment.
The nine groups with over 60 million strong memberships cut across Nigeria, Africa and in diaspora came through their representatives to recognise and honour the CEO with various awards at New Horizons Head office in Lagos.
Among the groups are the National Association of Polytechnic Students (NAPS), Northern Nigeria Students (ANNS), Nigeria Youth Representative Council (NYRC), Coalition of Nigerian Young Patriots (CNYP), Nigerian Youths Initiative for Peace and Good Governance (NYIPGG), Students Coalition Rebirth of Nigeria (SCRN), Inter-Faith Youth Council of Nigeria (IFYCN), National Association of Mathematical Science Students of Nigeria(NAMSSN) and League of African Development Students (LEAD Africa).
Recently, the federal government of Nigeria named Akano as Nigeria’s Icon of Youth Empowerment through the National Youth Service Corps (NYSC) Skills Acquisitions and Empowerment Department (SAED).
Similarly, over 120 national, continental and international organisations including the Students Union Council (Nigeria Universities Students), Northern Youth Council, Oodua Youths Parliament, Trans Africa Youth Initiatives (TAYI) and Nigeria Committee of Vice-Chancellors have conferred different honours in appreciation of his contributions to mankind.
Speaking for the Association of Northern Nigeria Students( ANNS), the national secretary, Amb. Nafiu Danlami, said, “We want to appreciate you for what you have been doing for Nigerian and African youths. You have given us a better platform to showcase Africa to the world through what we produce on the continent and also earn money from it.
“With this, I am challenging everyone that we can make Nigeria a force to be reckoned with again because you are a man of substance and we encourage you to leave your comfort zone and seek political office to liberate the youth from the shackles of poverty”
Also speaking, the president of the National Association of Polytechnic Students (NAPS), Sunday Asuku said Akano has proven that he has the interest of the youth at heart even when the leaders of the country are not looking at the youth.
“I want to tell you that you have rekindled our hope with all you are doing for us and we are glad. So, on behalf of 20 million Nigerian students home and abroad, we honour you with the most prestigious NAPS award, The 2022 Beacon of Hope award, which is given yearly to just one most outstanding Nigerian,” he said.
Vice President, Inter-Faith Youth Council of Nigeria (IFYCN), Daniel Friday, on his part, said: “We are here to honour Tim Akano with the Ambassador of Peace Award because we see him as a leader with an innovative mind and the impact he has made in the lives of youths that once took to violence but now living in peace with others. We appreciate him for that.”
Receiving the awards from the groups, an elated Akano said he appreciated the thoughts and the thinking that went into it and assured them that it would challenge him to do more. He said many people have seen the work his company has been doing to transform the lives of youth and this prompted them to give him the awards.
Akano, however, said he was not doing it because of the recognition but narrated a story of how he met a Nigerian graduate refugee graduate seeking employment many years ago in Switzerland which challenged him to stand in the gap for millions of Nigerian youths who need help and mentorship to identify their talents and guide them to success.
“Over the last two years, I have been receiving dozens of awards from all over the world, and they [these groups] validate the decision I made 18 years ago to leave my job at Coca-Cola and dedicate my life to youth empowerment. I do not do it for the recognition, but it feels good to know that we are truly making an impact in the lives of these young people”
“This forms the imperative of the establishment of One Africa Initiatives Academy where we Mentor African youths from over 50 countries worldwide. The soon-to-be-unveiled FABAAW is the platform set up to bring prosperity to Africa, especially to the youth. With FABAAW, African youths can network, showcase their talents and do genuine businesses with the global community on mutually beneficial terms, better terms than what is obtainable today on e-commerce and social media platforms”
The New Horizons Nigeria CEO believes that poverty and unemployment are Africa’s twin problems. “Our problems in Africa are the same. Go to Uganda, South Africa, or Nigeria it is the same. Africa has the largest unemployment rate in the world”
Akano said across the globe, African people are known for going to school, graduating and earning certificates. “If you want to be successful in life today, the youth need 4th Industrial skills in Data Science, Cloud Architect, Big Data, and Artificial Intelligence, among others.
“For instance, India’s raw materials are its population and it decided to develop along software line. China toed the line of manufacturing, Israeli owns military security, and Germans are known for their machinery. So for us in Africa, what we can bring to the table that would make our youth prosperous are 4.0 skills.”
He said there is a solution to every problem and the solution to this present generation’s problem is knowing how to use technology to solve the poverty problem, using the newly created FABAAW platform due to be launched in July.
“I have committed the rest of my life to concentrate on the transformation of Africa by raising and grooming the Youths that will take Africa to the promised land before 2063,” concluded Akano.
News
Mutual Benefits Decries Low Insurance Penetration, Seeks Policy Changes
Mutual Benefits Assurance Plc has decried the low insurance penetration in the country, calling for policy changes to increase insurance uptake by Nigerians.
Mr. Femi Asenuga, Managing Director/Chief Executive Officer of Mutual Benefits, who made the call at a workshop for insurance journalists, advocated for media support in ensuring policy changes, shaping public understanding of insurance and deepening insurance penetration in Nigeria.
While emphasizing the important role of the media in educating the insuring public on how insurance contributes to economic resilience, he said the ability of insurance journalists to communicate the complexities of insurance in a relatable and impactful way is vital in building public trust and confidence in the industry as well as encouraging more people to embrace insurance.
Asenuga said: “We are far from where we are supposed to be as a country. Nigeria with a population of over 200 million and as the giant of Africa should not only be in theory. As the press, you have a major role to play in changing the narrative of insurance penetration in the country.
The change is not only expected at the consumer level but also at policy making because that is where everything starts from.”
In her presentation “The Role of Insurance in National Development,” Head, Technical Department, Mutual Benefits Assurance Plc., Mrs. Titilayo Akinsiku, highlighted some of the roles insurance plays in national development.
They include, according to her, Risk Mitigation and Financial Stability; Business Continuity and Resilience; Social Welfare and Inclusivity; Risk Management and Sustainable Development as well as Investment and Capital Formation.
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Thabo Mbeki Tells African leaders to Emulate Relationship Between Nigerian and South African Musicians
Thabo Mbeki, former President of South Africa has advised current African presidents to emulate the impressive relationship between Nigeria and South African musicians.
Mbeki said the African artists have managed to forge a formidable relationship and strong collaborative strategies which has seen them popularise both countries’ entertainment sectors and create wealth for the industry’s participants but the political leaders in Africa are locked in baseless egocentrism and territorialism which prevents generation of wealth amongst African countries.
Mbeki said before now that Africa used to be feared due to a strong pan-Africanism consciousness among leaders and deliberate policy formulations directed towards giving it a force of power.
He, however, regretted that today’s leaders lack such political will, are more Eurocentric and lack clear direction on how Africa should remain a liberated continent.
“Political will to manage diversity is central to the survival of all of the African states because there’s no African state which is not characterized by the diversity of its population now,” Mbeki said at his Thabo Mbeki Foundation premises, Johannesburg while hosting the third cohort of the MTN-MIP Fellows
“And so if you want to keep a continent or a country together, there’s got to be a conscious political decision. There is one outstanding example in this regard – Tanzania.
“When Tanzania was known as Tanganyika, there were two very important decisions under Julius Nyerere to keep the whole country together. One of them was to have one central language.
“Nyerere decided that everybody must speak Swahili and abandon tribal or regional languages. So, everybody speaks Swahili. The second decision was the abolition of the institution of chieftaincy ship. So there’s no chief of this tribe or that tribe.
“These were conscious decisions taken by the political leadership. They wanted to build one nation out of the Tanganyikans, and it’s worked.
“So, because the people of Tanzania have gotten used to being one, even some few years back when some political people, in Tanzania, started resurrecting this matter about tribal identity in order to advance their own political futures, the consciousness one united Tanzania, was strong enough to defeat them.
“So, that’s why I’m saying it’s a political decision here. South Africa is very fortunate in that respect, because you know, the diamond mines, which were first discovered in the 19th century, attracted people from Southern Africa, from as far as Angola among others to South Africa.
“Then a bit later, gold mining came and domestically, there was a lot of movement of people, and social economic development.
“Recall that at the formation of the African National Congress in 1912, one of its principal slogans was to bury the demon of tribalism.
“So since the beginning of the 20th century, you’ve had a political organization whose task was to make sure that all of this algorithm come together so that you see you got to a point before liberation here, if you said in 1960 to the African community here, wherever you are in the country, you say, who’s your national leader? They would say Alberto.
“So, what has happened on the continent is a regression from the kind of pan-Africanist commitment that we had with other earlier leaders on the continent, and the weakening of that resolve has negative consequences like the frosty relationship between South Africa and Nigeria.
“Another is the poor Visa regulation which has made it very difficult for cross border trade.
“And now addressing the challenge is to address the larger political problems. The point is always being made about the relationship between the artists, Nigerian, South African artists, and what they are able to do,” he added.
News
World Bank says 40% Nigerian MSMEs are Owned by Women
A report by the World Bank has established that 40 per cent of Micro, Small and Medium Enterprises (MSMEs) in Nigeria are owned by women, with most of the businesses growing at a remarkable rate.
In the World Bank latest report released on Wednesday, the global bank, through its Nigeria Women Entrepreneurs Finance Initiative (We-Fi), partnership with the Development Bank of Nigeria (DBN) and two commercial banks in Nigeria – Access Bank and Sterling Bank, established development of innovative credit solutions that expanded access to finance for women entrepreneurs.
The report summarizes key lessons, which include initial diagnostic; an assessment of demand for business loans; analysis of SMEs who applied to and/or received Access Bank cash flow loans, and administrative data from Access Bank’s cashflow loan programme.
“Our objective is to provide insights into the successes and challenges of disbursing loans to women-led SMEs (WSMEs) in Nigeria.
This research is being conducted in partnership with the World Bank’s Africa Gender Innovation Lab (GIL), which is also carrying out an impact evaluation that will capture how cashflow-based lending impacts male- vs female-led firms’ access to credit and business performance,” the report added.
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