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Gateway Trade Fair: OGUNCCIMA lauds Dangote Group’s collaboration.

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THE Ogun State Chamber of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) has commended the Pan African Conglomerate, Dangote Group  for its giant strides in economic development of the country through massive investments in several sectors of the economy describing the feat as worthy of emulation by other Nigerians.

President of OGUNCCIMA, Mrs. Adesola Adebutu who made this commendation at the opening ceremony of the 8th Gateway Trade Fair holding in Abeokuta Ogun state said the support given enough by the Dangote Group went a long way in making the staging of the Fair a success.

She explained that the theme of the Fair, “Promoting Agricultural Value Chain through SMES for Nigeria Economic Recovery”, was chosen in line with Ogun state’s policy of Agricultural industrialization which is also in consonance with the national policy of repositioning agriculture as the viable alternative to oil.

Mrs Adebutu stated that OGUNCCIMA was planned to be a clear departure from the past such that this year’s will rekindle the interest of the old investors and introduce new ones in new opportunities for its investments in Ogun State.

In his opening address, Ogun State governor, Ibikunle Amosu, thanked OGUNCCIMA for taking up the challenge to organize the fair despite paucity of funds and logistics challenges.

He said Nigeria is blessed with climate that can sustain agriculture all year round and that it’s heartening that the federal government is leading the way in diversification of the economy from oil based to agriculture whose value chain can create millions of employment.

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Dangote Group, which is a leading sponsor of the Fair, stormed the venue with varieties of its consumer goods as well as its flagship product, cement.

“Dangote Group, which is a leading sponsor of the Fair, stormed the venue with varieties of its consumer goods as well as its flagship product, cement”.

Companies from under Nigeria’s foremost indigenous conglomerate, Dangote Group are adding colour to the Gateway Fair with an array edible goods on display. Three companies in the group offering consumer goods at the fair are Dangote Sugar Refinery, NASCON Allied Industries Plc (Dangote Salt), Dangote Flour and Dangote Cement.

Some products on display at the fair include Dangote sugar, Dangote Flour, spaghetti and macaroni, Dangote salt, Danq (seasoning), tomato paste. Dangote Sugar will be offering customers different sizes of granulated sugar packs at the fair.

A statement from Corporate Communications Unit of Dangote Group, said the fair has become a veritable venue for introduction of new innovations to Dangote products and that visitors to the group pavilion at both fairs will have the opportunity of buying products of these companies at reduced prices.

Dangote Flour is staging a wet sampling and offering customers a wide range of products at discounted prices. Buyers are going with several gifts as reward for purchasing Dangote Flour products. Products at the stand include-Dangote, flour for baking, wheat meals, spaghetti and macaroni.

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Dangote Group is of the view that the trade fair is coming at an appropriate time, close to the last month in the year. This affords traders and dealers the opportunity to buy and stock their shops while end users buy for yuletide.

NASCON is offering its repackaged salt packs to customers at the trade fair. The new salt pack which is to endear the product to its teeming customers still comes in packs of 250g, 500g and 1kg. It is redesigned is to make the product more accessible and affordable for consumers and other end users.

Also, there will be free samples of the products like salt, seasoning, Tomato paste and the Dansa juice drinks for the visitors. Management of NASCON explained that Dangote Salt, seasoning and Dangote tomato paste will be offering free samples to visitors to the Dangote kitchen/restaurant which will be attached to the Dangote Stand to wet their appetite.

NASCON said the company would be giving its customers a good treat at the fair saying it has added to the richness of its products like Danq seasoning and Tomato paste and embark on an expansion of its distribution network to make the product more readily accessible to consumers.

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Aside this, the statement said customers wanting to be distributor of any of the Dangote group subsidiaries would have the opportunity to be offered informed explanations by staff of the companies who would be on hand to put the customers through on how to go about it.

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Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

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In this file photo taken on September 26, 2018, Bill Gates and his ex-wife, Melinda Gates, introduce the goalkeepers event at the Lincoln Center in New York. Ludovic MARIN / AFP

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.

The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media.

The statement gave no reason for her departure, but noted that “under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.”

The couple married in 1994 but announced their divorce in 2021.

They had continued to co-chair the foundation which they established in 2001 with the vast wealth acquired through the success of Microsoft.

With a focus on child poverty and preventable diseases, the foundation has been heavily involved in fighting malaria and in providing toilets and sanitation in poorer parts of the world.

The foundation’s website says it has spent $53.8 billion since 2000, and claims the number of children around the world who die before their fifth birthday has halved in this time.

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Bill Gates thanked his ex-wife for her “critical contributions” to the organization.

“As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality,” he said.

“I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work.”

The organization’s chief executive, Mark Suzman, said its name would change to simply the Gates Foundation — it has been known as The Bill & Melinda Gates Foundation.

“I truly admire Melinda, and the critical role she has played in starting the foundation and in setting our values, she has played an essential role in all that we’ve accomplished over the past 24 years,” he said in a video posted to social media.

“I will miss working with her and learning from her. I look forward to seeing her continued impact.”

 

 

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EFCC calls on banks’ compliance officers to uphold confidentiality

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Compliance Officers of Banks nationwide to refrain from unauthorised disclosure of EFCC’s investigative activities and requests made to banks’ customers.

Speaking through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa Garba Ringim, during a stakeholders’ meeting with Compliance Officers of Banks in Oyo State on Tuesday, Olukoyede emphasised the detrimental impact such disclosures have on the investigation of financial crimes and the timely filing of corruption cases in court.

Olukoyede expressed concern over the tacit support fraudsters receive from the Nigerian banking sector, highlighting the challenges it poses to the Commission.

He urged Compliance Officers to promptly respond to EFCC’s correspondence with certified true copies of relevant documents, as this facilitates swift investigation processes.

Also, Olukoyede addressed the illegal trading of naira with Point-of-sale (POS) operators, stressing the need to curtail such practices for the benefit of Nigerians.

In response to the chairman’s directives, Compliance Officers assured the EFCC of their unwavering support and commitment to enhancing collaboration between the Commission and banks for more effective anti-corruption efforts.

 

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Nigerian Journalist Ojukwu Freed After 10 Days in Police Custody

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Nigerian Police authorities have released Daniel Ojukwu, the detained journalist with the Foundation for Investigative Journalism (FIJ).

Ojukwu, who went missing with his phone numbers switched off and whereabouts unknown to colleagues until it was found out he was detained by the police, regained his freedom on Friday.

“Daniel Ojukwu, the FIJ reporter who was abducted by men of the Intelligence Response Team (IRT) of the Inspector-General of Police, has regained freedom after 10 days in police captivity,” the FIJ wrote on its website about Ojukwu’s release.

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“Ojukwu went missing on Wednesday, May 1, his numbers switched off and his whereabouts unknown to colleagues, family and friends.”

He was detained for purportedly infringing upon the country’s Cybercrime Act, widely condemned as a means of censorship.

The journalist’s apprehension and subsequent relocation to Nigeria’s capital, Abuja, came after his coverage of suspected financial mismanagement totaling over N147 million ($104,600) implicating a senior government official, as reported by his employer.

A banner is displayed during a protest at the Force Headquarters in Abuja demanding the release of Daniel Ojukwu on May 9, 2024, Thursday. Credit: @BukkyShonibare

Following his arrest, friends, colleagues, and supporters rallied behind Ojukwu, demanding his release.

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I On Thursday, a coalition of media and civil society groups staged a protest at the Force Headquarters in Abuja, condemning his prolonged detention.

Addressing journalists, spokesperson Bukky Shonibare expressed concern over the escalating attacks on press freedom and the stifling of dissenting voices.

She emphasised that after nine days in detention, during which Ojukwu was allegedly arrested on the orders of the inspector general of police, the authorities were obligated to either press charges or release him unconditionally.

Upon Ojokwu’s release, an elated Bukky expressed gratitude on her social media handle, thanking Nigerians for their unwavering support.

“Daniel Ojukwu is free. Thank you, Nigerians,” she shared. “Thank you, everyone.”

 

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