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Eno-obong Bassey: I Find Joy in Transforming Ordinary Rooms into Aesthetically Pleasing and Functional Spaces

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Eno-obong Bassey: I Find Joy in Transforming Ordinary Rooms into Aesthetically Pleasing and Functional Spaces

 

Eno-obong Bassey: I Find Joy in Transforming Ordinary Rooms into Aesthetically Pleasing and Functional Spaces

 

Eno-obong Anthony Bassey has a deep passion for entrepreneurship and a strong desire to make a positive impact through innovative ventures. She is into interior decoration, like POP ceiling installation, wall screeding and painting and also deals with sales of building materials such as cement. As an entrepreneur, she has acquired critical skills over time like creativity, problem-solving, adaptability, and risk-taking.

 

 

 

 

Eno-obong says that she ventured into the business 5 years ago out of a passion for design. According to her, “I enjoy creating aesthetically pleasing and functional spaces and find joy in transforming ordinary rooms into extraordinary. I enjoy working with people and building relationships, this field provides ample opportunities for client interaction and collaboration. Interior design is a dynamic field that constantly evolves with new trends, materials, and technologies.”

 

 

 

 

The interior decoration business is lucrative and one can make money out of it especially with Customer Retention Loyalty. Building strong customer relationships and fostering loyalty has had a significant impact on the economic potential of Eno-obong’s business as customers not only provide a steady revenue stream but also serve as brand advocates, referring new customers and promoting positive word-of-mouth. Thus, investing in customer satisfaction, personalized experiences, and loyalty programs really contribute to long-term economic success.

 

 

 

 

Her starting capital in the cement business (Plaster of Paris) with Sisal fibre amounted to N400,000. The high points of the business have been achieving financial success by reaching revenue targets, generating consistent profits and most importantly having positive customer feedback and loyalty. However, the low points have been financial loss due to poor sales, mismanagement of funds, economic downturns, unclear business strategy and inability to pay loans back on time.

Eno-obong Bassey: I Find Joy in Transforming Ordinary Rooms into Aesthetically Pleasing and Functional Spaces

 

 

 

But Eno-obong always keeps in mind that failure is a common part of the business journey. Many successful entrepreneurs and companies have faced setbacks along the way and the key is to learn from these experiences, adapt, and develop strategies to overcome challenges and grow stronger.

 

 

She admits that she has thought about giving up but she takes some steps. According to her:

“1. I step back and reflect, assess the reasons behind my feelings of giving up and try to gain clarity on the root causes of these challenges I’m facing. This reflection will help me develop a more objective perspective and identify potential.

2. I focus on my motivation and passion. Reconnect with the reasons why I started the business in the first place. Reflect on my long-term vision, personal goals, and the impact I want to make.

3. I seek support and advice; I reach out to mentors, business networks, or other entrepreneurs who have faced similar challenges.”

The Interior decoration business is typically started by one person but individuals who have expertise and experience are needed in interior decoration. Eno-obong says that she has people working with her. “In POP ceiling installation one person can’t do the work successfully you need one or two persons to assist you. So I can’t handle the task alone. But going to a site to take quotation, casting POP ceiling, plain dressing can be done by me. However, I have people working with me we are more like a team”. The business is registered with Corporate Affairs Commission.

Policymakers and investors can assist Eno-obong and other entrepreneurs by creating a supportive ecosystem that fosters innovation, growth, and investment; by investing in entrepreneurship education and training programs at various levels, from schools to universities. These initiatives can help aspiring entrepreneurs develop the necessary skills, knowledge, and mindset to launch and manage successful ventures. Policymakers and investors can also facilitate networking events, mentorship programs, and entrepreneurship ecosystems that connect entrepreneurs with experienced mentors, industry experts, and these connections can provide valuable guidance, advice, and access to networks that can contribute to entrepreneurial success.

Eno-obong has this advice for future entrepreneurs, “They should always remember that entrepreneurship is a journey that requires dedication, perseverance, and a willingness to learn from both successes and failures. Stay focused, adaptable, and passionate about your vision, and you’ll increase your chances of building a successful venture”.

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Tony Elumelu in Global Academic Limelight as the Tony Elumelu Foundation Case Study becomes part of Harvard’s Curriculum

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Tony Elumelu in Global Academic Limelight as the Tony Elumelu Foundation Case Study becomes part of Harvard’s Curriculum 

Tony Elumelu in Global Academic Limelight as the Tony Elumelu Foundation Case Study becomes part of Harvard’s Curriculum

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sahara Weekly Reports That In an unprecedented move, the Harvard Business School, the graduate business school of Harvard University, is set to cast the spotlight on the Tony Elumelu Foundation (TEF), recognising the Foundation’s extraordinary philanthropic achievement in a ground-breaking case study.

 

 

 

 

 

 

 

 

 

Tony Elumelu in Global Academic Limelight as the Tony Elumelu Foundation Case Study becomes part of Harvard’s Curriculum 

 

 

 

 

 

 

 

 

The case study, first of its kind on any philanthropic organisation in Africa, is to be launched on Thursday, February 29, 2024, before a class of graduate students in Boston, Massachusetts and will explore the Foundation’s unique approaches and transformative initiatives, showcasing how strategic philanthropy offered by TEF is driving positive change and elevating countries and communities.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This move by Harvard underscores the Foundation’s pivotal role in empowering young African entrepreneurs across all 54 African countries and places the Foundation at the forefront of global discussions on transformative and catalytic philanthropy, acknowledging its significant contributions towards fostering entrepreneurship in Africa.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In addition to delving into the foundation’s innovative approaches and the resultant impact it has garnered over the years, the event will also feature an exclusive acknowledgment of the Founder of TEF, Tony Elumelu’s economic philosophy of Africapitalism, which positions the private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the African continent.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Tony Elumelu Foundation is the leading philanthropy, empowering a new generation of African entrepreneurs, driving poverty eradication, catalysing job creation across all 54 African countries, and increasing inclusive economic empowerment.

 

Since the launch of the TEF Entrepreneurship Programme in 2015, the Foundation has trained over 1.5 million young Africans on its digital hub, TEFConnect, and disbursed over USD$100 million in direct funding to 20,000 young African women and men, who have collectively created over 400,000 direct and indirect jobs.

 

Tony Elumelu who spoke on the impact of TEF on the African youth said, “TEF is creating economic hope and opportunity for African Entrepreneurs. We know that entrepreneurship is the antidote to poverty, youth unemployment and insecurity. Through the intervention of the Tony Elumelu Foundation, we are encouraging our young people, giving them hope through the seed capital we provide, capacitising them through the training and mentoring we provide and setting them up to create businesses that will succeed and create even more jobs. Collectively we are fixing the challenges that we have on the continent.

 

Continuing, he said, “the Tony Elumelu Foundation was set up to create more successful African business leaders. We want to replicate our own success and create entrepreneurs who will build more prosperity on the continent and for the continent. It’s all about transforming our society and making sure that we leave the society better than we met it. It is not about the money that we have in our bank accounts, it is about the legacy that we make and the impact we create. Prosperity for all is what will create the security, harmony and peace that we need.”

 

The Harvard Business School session will provide a platform for thought leaders, scholars, and business enthusiasts to engage in a meaningful discussion on the role of philanthropy in shaping sustainable and inclusive economies. As the world grapples with complex challenges, the Tony Elumelu Foundation stands as a beacon of hope, showcasing how strategic philanthropy can be a driving force for positive change.

 

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Dr. Babatunde Okewale Officially Opens Akowonjo Branch Of St. Ives Hospital in Lagos

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Dr. Babatunde Okewale Officially Opens Akowonjo Branch Of St. Ives Hospital in Lagos

Dr. Babatunde Okewale Officially Opens Akowonjo Branch Of St. Ives Hospital in Lagos

 

 

Under the sparkling Lagos sky, the city’s medical landscape underwent a transformative shift with the grand unveiling of the St. Ives Akowonjo Hospital on February 26, 2024. The event was not just a mere opening but a spectacle of healthcare innovation, marking a new horizon in the industry. The mastermind behind this revolutionary facility, Dr. Babatunde Okewale, infused the new hospital with his passion for enhancing the well-being of women and their families, establishing a new benchmark for medical excellence.

The avant-garde St. Ives Akowonjo Hospital emerges as a colossus of healing in the heart of Lagos. Its design transcends traditional architectural norms, embodying a sanctuary where cutting-edge medicine meets heartfelt compassion. This hospital isn’t merely constructed of bricks and beams; it resonates with the pulse of the community, echoing the collective desire for superior healthcare services.

With 40 in-patient beds, the hospital promises to be more than just a facility for the sick; it aims to be a nurturing cradle for life itself. Dr. Okewale’s visionary approach is evident in every corner of the hospital, from the state-of-the-art equipment to the dedicated team of medical professionals ready to extend their expertise and empathy to every patient.

The story of St. Ives Akowonjo is a testament to the journey of ambition, fueled by a relentless commitment to healthcare excellence. The hospital stands as a beacon of hope, transforming the lives of countless individuals through its comprehensive services focused on fertility and general wellness. This expansion represents a response to the growing healthcare needs of the community, reflecting the unwavering trust and satisfaction of its patients.

The opening of this facility is more than just an addition to Lagos’ healthcare infrastructure; it is a reaffirmation of Dr. Okewale’s lifelong dedication to bringing joy and healing to families. His work, particularly in the field of reproductive health, has broken barriers and democratized access to fertility treatments, earning him accolades and respect both locally and internationally.

As St. Ives Akowonjo begins its journey, it pledges to be a haven of care, where miracles are not just a possibility but a daily occurrence. The hospital embodies the promise of a new era in healthcare, where doors are always open and hearts are perpetually ready to heal.

 

 

Dr. Babatunde Okewale Officially Opens Akowonjo Branch Of St. Ives Hospital in Lagos

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We Reduced Our Cement X- Factory Price To N3500, But Other Players Took Advantage Of Our Gesture’ -BUA Group

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We Reduced Our Cement X- Factory Price To N3500, But Other Players Took Advantage Of Our Gesture’ -BUA Group

We Reduced Our Cement X- Factory Price To N3500, But Other Players Took Advantage Of Our Gesture’ -BUA Group

The Group Executive Director of BUA Group, Kabir Rabiu, has reaffirmed that there was a price reduction for BUA cement from N5,500 to N3,500 per bag, with take-off date for the new rate from October 2nd, 2023.
We Reduced Our Cement X- Factory Price To N3500, But Other Players Took Advantage Of Our Gesture’ -BUA Group
Kabir Rabiu, while reacting to the question on if ‘the BUA Cement price bonanza was actually delivered or not’ in ARISE News segment of the ‘MACRO ECONOMICS OF CEMENT PRICES’, within the wider state of the economy, said the price reduction was carried out from October 2nd, 2023 in line with the commitment of Alhaji Abdul-Samad Rabiu, Chairman of the BUA Group to ensure the accessibility and affordability of the product for Nigerians.
According to him, “Federal Government can only do so much, but without the support of the other producers and middlemen being called to order, the average Nigeria will suffer”.
He said: “BUA cement price reduction actually did happened. Our chairman made the commitment, and we actually fulfilled the commitment by running it for five months.
“We reduced our cement across our plant to N3500, but that was actually x-factory price.
“But, as you know industries such as cement in Nigeria, when we do this kind of commitment, we were expecting other players to come along because if you look at the industry where we are operating our market share of 30 -32% and for us to make this gestures, other players were not doing it, and turn out to be very difficult for it to be fully implemented.
“And so, we ran the programme for almost five months, and because other players did not follow suit the distributors and the middleman began to take advantage of our gesture.
So, what happened was that even though we were selling the cement at N3500 in order to support the economy and the users, there was no direct benefits at least to the end users because other players were selling at previous higher prices.
And with that it turn out to be increasingly difficult for us to continue, and whilst we were doing that the cost began to go up, and we were forced to change our position a little bit.
And while we were doing that we also discovered that some of our plants had some issues and that reduced production.
“We do not know whether it was by choice or it was a sort of maintenance, and so that put an enormous pressureon our cement supplies to meet the increasing demand and therefore, even widen the gap between what we were selling in the market xfactory and what the market was”.
It would be recall that Rabiu, Chairman of BUA Group, in conversation with State House Correspondents following a visit to President Bola Tinubu in Lagos last year, stressed that despite various challenges, BUA is determined to ensure the accessibility and affordability of the product for customers.
He said: “You know the price that we have set will be N3,500 per bag. You know x factory of course plus VAT and then delivered to customers depending on the region,”
As you know, the factories that we have; one is in Edo, the other one is in Sokoto state. So for example, if you want us to deliver cement to you from Sokoto say to Lagos from Adamawa or to Maiduguri, the distance is quite far. So dependent on the distance and dependent on the location. You know the price changes but we intend to keep that promise”
According to him, the cement company site in Sokoto that would be inaugurated by January 2024 is expected to further expand the market across the country.
“We anticipate a combined annual production volume of about six million tonnes from these sites, which we expect to significantly impact the market. While facing some challenges, we are actively working to address and resolve them,” Rabiu stated
@Daily independent

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