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ASR AFRICA, BUA FOUNDATION APPROVE N1.5BILLION GRANT FOR DEVELOPMENT PROJECTS IN IBESE, IGBOBILA, ILARO, OTHERS IN YEWA LAND, OGUN STATE

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ASR AFRICA, BUA FOUNDATION APPROVE N1.5BILLION GRANT FOR DEVELOPMENT PROJECTS IN IBESE, IGBOBILA, ILARO, OTHERS IN YEWA LAND, OGUN STATE

 

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Sahara Weekly Reports That The Abdul Samad Rabiu Africa Initiative (ASR Africa) – the brainchild of Industrialist, philanthropist, and founder of BUA Group, Abdul Samad Rabiu, and the BUA Foundation have awarded development grants worth N1.5 billion to Yewa Land in Ogun State comprising Ilaro, Igbogila, Ibeshe, Egua, and Igonade communities for key community, social, and infrastructural development projects. This was announced at the grant presentation and mutual accountability framework signing ceremonies held today in Ilaro, Ibese, and Igbogila. The grants will be channeled towards interventions in the areas of health, education, or social development initiatives that are identified for implementation.

 

 

 

 

 

 

ASR AFRICA, BUA FOUNDATION APPROVE N1.5BILLION GRANT FOR DEVELOPMENT PROJECTS IN IBESE, IGBOBILA, ILARO, OTHERS IN YEWA LAND, OGUN STATE

 

 

 

 

 

 

 

 

Presenting the grants award letter to Oba Kehinde Olugbenle, the Olu of Ilaro and Paramount Ruler of Yewaland in Ogun State, Ubon Udoh, Managing Director, ASR Africa assured of more partnership with the people of Yewaland and reiterated that the vision of Abdul Samad Rabiu, Founder of ASR Africa and Chairman of BUA, is to provide concrete solutions for sustainable development in Nigeria, and Africa. According to Ubon, “What ASR Africa and BUA Foundation are doing here today, is planting a seed of sustainable problem-solving across Africa in line with the vision of Abdul Samad Rabiu, our founder – and Chairman of BUA.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

“The first grant of N1 billion goes to all communities in Yewaland for developmental purposes to uplift the quality of life of the Yewa people, while ASR Africa and BUA Foundation are also giving additional specific grants of N250million each to Igbogila and Ibese Communities for already identified infrastructure projects to enhance community development through their traditional institutions. We have done our basic needs assessment in collaboration with the communities on their needs, and we are pleased to say we look forward to the commencement of the identified projects and a more robust partnership with Yewaland, as we have done in other parts of the country.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In his response, Oba Kehinde Olugbenle, the Olu of Ilaro and Paramount Ruler of Yewaland commended Abdul Samad Rabiu for his philanthropic gestures across the country and noted that indeed he is a true Nigerian. The monarch added that with the grants, Yewaland and Yewa people will witness rapid social and infrastructural development. “We are one of the largest sub-ethnic groups in Yoruba Land and these grants will go a long way in bringing sustainable development in line with the United Nations SDGs, to our people”, he added.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Paramount Ruler of Ibese community, HRM Oba Rotimi Mulero, The Oboro of Ibese, also thanked the donors for their timely intervention in developing Ibese community. “May the Almighty bless Abdul Samad Rabiu, ASR Africa, and BUA Foundation for partnering with us to fast-track development in our community because we are still largely behind on the development curve. This partnership with ASR Africa and BUA Foundation will go a long way in ensuring even greater development for our people.”

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UBA Celebrates Africa Day in Style, Commits to Empowering Youths for Leadership Roles

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UBA Celebrates Africa Day in Style, Commits to Empowering Youths for Leadership Roles

 

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Africa’s Global Bank, the United Bank for Africa (UBA) Plc marked the this year’s Africa day, with fanfare. The event which was celebrated across the banks 20 African subsidiaries, including New York, UK, France and Dubai, culminated into a mini carnival at the corporate head office in Marina, Lagos as it witnessed  a rich culture of African people on display.

The bank said the event was aimed at encouraging Africans home and abroad to be patriotic and embrace their culture.

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It was all colour and glitz as a troupe of dancers representing Nigeria, Ghana, Zambia, Côte d’Ivoire, Senegal, Zimbabwe, among other African countries, entertained the audience from the entrance of the building to its doorways through to the Tony Elumelu Amphitheatre Hall. Their overall performances exuded good vibes and earned them ovation from all.

Noting that Africa has unarguably positioned herself as the second largest continent in the world with its rich cultural heritage, the bank said the continent remains the only one in the world that was evidently bequeathed with the most colourful and distinctively diverse culture appreciated across the globe.

From her aesthetic art works, ethnic costumes, expressive dances, mind-blowing plethora of languages, amazing dishes, tourists attractions, and wildlife among others, Africa is seen as a world power that is yet to explore.

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It is, therefore, to proudly and powerfully project her cultural heritage that UBA hosted the event in Lagos an to commemorate this year’s Africa Day. It said that part of its aim was for dignitaries to map out lasting solutions to persisting challenges in the continent.

Themed, “Educate an African Fit for the 21st Century: Building Resilient Education Systems for Increased Access to Inclusive, Lifelong, Quality, and Relevant Learning in Africa,” for us at UBA, it only reinforces our belief and passion for education as exemplified in our foundations National Essay Competition where winners who emerge are given scholarships through school.

According to the Group Managing Director, United Bank for Africa, Oliver Alawuba, “We are in 20 African countries and four countries outside Africa. Our focus has always been on not only driving investments into Africa but also to empower Africa’s youth by honing the critical thinking prowess of our youth as well as groom them for leadership roles across the continent.

Alawuba said UBA aspires to develop and grow in the world, adding that unity is critical and very important in Africa hence the emphasis on how to change the narrative. “Unity is critical and very important for the future of Africa, we need to remain united to achieve our aspirations and the youth are critical to that growth”, he said.

Consequently, as one of Africa’s leading financial services institutions, with a pan-African footprint spanning 20 African countries and globally in the US, UK, the United Arab Emirates and France, UBA says it’s fully committed to unifying Africa and empowering youths for the future. It also continues to lead the narrative focused on the development, growth, and unity of Africa

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Oworonshoki-Apapa Expressway: Tinubu commends Dangote, describes project 10th Wonder of the World …We consider this project CSR – Dangote

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Oworonshoki-Apapa Expressway: Tinubu commends Dangote, describes project 10th Wonder of the World

…We consider this project CSR – Dangote

President Bola Ahmed Tinubu has described the newly commissioned Oworonshoki-Apapa Expressway as the Tenth Wonder of the World.

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This is just as he commended the President of Dangote Industries Limited, Alhaji Aliko Dangote, for his selflessness in actualising the project.

President Tinubu, represented by Senate President Godswill Akpabio, enthused that the 37-kilometer road, which commenced in 2018 by the former administration and completed in 2024, is a win for all Nigerians.

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He explained that the importance of Lagos State to Nigeria makes it very vital and as such must work for the benefit of all.

According to him: “Lagos is home to all, I thank Aliko Dangote for coming up with this initiative and in partnership with HiTech have delivered the Tenth Wonder of The World.

“Lagos is not the only state experiencing growth and development under the renewed hope agenda. I also congratulate the Minister of Works David Umahi for his passionate commitment to structural development across Nigeria,” he said.

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Speaking on the “extremely poor” condition of the road before December 2018, Dangote stressed that the road “severely hampered the evacuation of goods and restricted access to the markets, paralyzing the shipping and manufacturing industries and disrupting supply chains across the entire economic landscape.

“Before the completion of this road, it used to take two weeks before we get to the port, and in about 18 months, we lost over N60bn in demurrage…The successful completion of this project is an example of the positive impact that can be achieved when the public sector collaborates with the private sector.” Dangote said

“Utilising the visionary framework of Executive Order 007 in Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme, the Dangote Group has been able to mobilise capital for the complete refurbishment of the entire 37 kilometers length of Apapa-Isolo-Oworonshoki road and its expansion to 10 lanes.”

Dangote added that the Group was privileged to partner with the Federal Government in the transformative efforts, reaffirming its commitment to national development and prosperity.

He also stated that the scheme must be revisited to make it more viable for the private sector participants. “In this case, we have so far recovered only 40 percent of our investments and the balance is not due until 2027, we consider this project merely as Corporate Social Responsibility.

“We believe that a more commercial interest rate recovery should be allowed given the high cost of capital in the Nigerian fiscal environment,” he said.

In his remarks, Engr Umahi also commended the Dangote Group for delivering a well-executed project, adding that the quality of the Dangote Cement is a testament to the value seen on the road.

“I was once trapped for 8 hours on my way to the airport and so, I understand how terrible the road was. We are celebrating this project today because it was well done and a display of new technology. It is fully completed with solar-powered streetlights.

“In the same vein, the Third Mainland Bridge wasn’t just another rehabilitation work, a road that has been standing for about 40 years… to ensure that our bridges last longer, I’m happy to announce that Mr. President has approved the ban on the excavation of sands 10 kilometers from bridges across Nigeria.”

The Governor of Lagos State, Babajide Sanwo-Olu, represented by his deputy, Obafemi Hamzat revealed that about 20 companies had relocated from the Apapa axis of the state owing to the condition of the road, “…the state of the road is unimaginable. We are grateful to Aliko Dangote, HiTech for the excellent job they did. It used to take over seven hours to drive from one end of the road to the other, it now takes around an hour,” he said.

 

Oworonshoki-Apapa Expressway: Tinubu commends Dangote, describes project 10th Wonder of the World
…We consider this project CSR - Dangote

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Optiva Capital’s Dr. Kimemia Ignites Empowerment Movement at SheCan 5.0

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Optiva Capital’s Dr. Kimemia Ignites Empowerment Movement at SheCan 5.0

The SheCan Conference 5.0 reached new heights over the weekend as thousands of women and young girls gathered for a day of empowerment, mentorship, and networking. Sponsored by Optiva Capital Partners, the event showcased a diverse lineup of speakers from various fields, making it the most memorable SheCan conference yet.

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Dr. Kimemia, the CEO of Optiva Capital Partners, delivered an inspiring address on ‘Positioning for More’ in one’s career. She emphasized the importance of self-worth, motivation, and service in achieving career success. “You must have self-worth and believe in yourselves. You must believe in your ability to excel and get to the destination that you have set for yourselves,” she urged the attendees. Reflecting on her personal life story, Dr. Kimemia also highlighted the critical role of girl child education in promoting gender equality and women empowerment, stressing its ripple effect on families, communities, and society.

 

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L-R Shaffy Bello, Actress; Optiva Capital Partners CEO, Dr. Jane Kimemia; SheCan Convener, Ezinne Ezeani; Founder, Lifecard International Limited, Grace Ofure Ibhakhomu; and Audrey Joe-Ezigbo, Deputy Managing Director, Falcon Corporation at the SheCan Conference 5.0 in Lagos.

 

The event began with a powerful rendition of the national anthem by singer Sandra Osamor, setting a tone of inspiration and patriotism. The anthem’s lyrics, especially those addressing the youth, resonated deeply with the audience, reinforcing the conference’s message of nation-building and the importance of youth involvement.

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The SheCan Conference, now in its fifth year, brought together an array of speakers, including wealth management experts, financial advisors, entrepreneurial leaders, energy specialists, motivational speakers, and even a comedian who used humor to impart life-changing lessons on decision-making. This diverse mix ensured a comprehensive and engaging experience for all participants.
Ezinne Ezeani, founder of SheCan Nigeria, expressed her gratitude to Optiva Capital Partners and other sponsors for their continued support and belief in the organization’s vision. “We are thankful to Optiva Capital Partners and other companies for being our headline sponsor and helping us create an impactful platform for women to thrive,” she said.

Other notable SheCan Nigeria partners that graced the conference include, Wema Bank, Nigerian National Petroleum Limited and a host of others. The conference also had Audrey Joe-Ezigbo, Deputy Managing Director, Falcon Corporation, Grace Ofure Ibhakhomu, Founder, Lifecard International Limited and many others as speakers at the event.

Optiva Capital Partners is a premier wealth management company, and Africa’s largest firm in investment immigration. The company also specializes in investment advisory, insurance, and international real estate. Their commitment to empowering women aligns with the goals of SheCan Nigeria, a vibrant social movement dedicated to helping women achieve their full potential through collaboration and empowerment.

#OptivaCapital #Dr.Kimemia #Empowerment #SheCan 5.0 #womenempowerment #WemaBank #NigerianNationalPetroleumLimited #NNPC #AudreyJoe-Ezigbo, #DeputyManagingDirector #FalconCorporation #GraceOfureIbhakhomu #Founder #LifecardInternationalLimited

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