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Fatgbems Group Restates Commitment to the Nigerian Economy

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According to him, “Building on the success and experience of Fatgbems Nigeria Limited, we expanded our horizons further by venturing into the petroleum industry. In 1994, Fatgbems Petroleum Company Limited was established.

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“This strategic move allowed us to leverage our expertise in marketing and distribution to play a pivotal role in the petroleum sector. Today, Fatgbems Petroleum Company Limited stands as a leading player in the Nigerian petroleum industry, delivering high-quality petroleum products and services to meet the energy needs of our nation.”

 

 

 

 

 

Odulaja maintained that the journey from a tyre distributor to a diversified conglomerate is a “testament to our resilience, commitment to excellence, and unwavering dedication to customer satisfaction.”

 

 

 

 

 

He announced that “in our pursuit of growth and innovation, we embarked on a transformative journey by diversifying into: Fatgbems Petroleum Company Limited; Fatgbems Nigeria Limited; Fatgbems Properties and Agro-Allied Company Limited
In the agricultural sector, Odulaja maintained that “our mission is to specialize in Cashew Production and Cashew Processing, catering to the domestic market and facilitating exports within the African region.
“This initiative is a testament to our commitment to sustainable development and our dedication to contributing to the growth of Nigeria’s economy.” He added that Fatgbems Agro-Allied is a company that is committed to fostering sustainable agricultural development in Africa and commences with Cashew Production and Processing.

 

 

 

 

 

 

 

 

 

“Since our inception, we have remained dedicated to cultivating and processing high-quality cashew nuts. Our mission is to process approximately 100,000 metric tons of cashew nuts annually, promoting local production and export across African countries such as Nigeria, Benin Republic, Cote d’Ivoire, and Tanzania,” he said.

 

 

 

 

 

Odulaja disclosed that “to further strengthen local production, we have acquired approximately 250 acres of prime agricultural land in the State of Ogun, Nigeria. This land will be instrumental in realizing our vision of bolstering cashew farming in Nigeria and contributing to the nation’s agricultural landscape.”

 

 

 

 

 

 

“In alignment with our vision, it is important to note that Nigeria is the second largest producer of raw cashew nuts (RCN) in Africa, after Cote D’Ivoire. As of February 2023, the annual production of cashew nuts in Nigeria stood at 300,000 metric tons. Fatgbems Agro-Allied is poised to play a significant role in enhancing this figure and boosting Nigeria’s position as a key player in the global cashew industry,” he added.

 

 

 

 

 

 

 

Another arm of the group is the Fatgbems Properties, which Odulaja said is committed to creating exceptional living and working spaces. The company according to him, “is poise to spread across major industries and in Nigeria with growing need for affordable homes and large industrial layout.

 

 

 

 

 

 

 

“Fatgbems Properties will be launching into the properties and value industry with one the most modern technologies that will close the huge gap between technology and the property industry in Nigeria. We develop and manage properties that meet the highest standards of quality and comfort.”

 

 

 

 

 

 

 

 

The COO however maintained that “at the heart of our group lies Fatgbems Petroleum Company Limited, a leading player in the Nigerian petroleum industry downstream.”
Fatgbems Petroleum Company Limited is a member of the Fatgbems Group of company, incorporated as an independent petroleum marketing company under the late founder and first Chairman Alhaji, Fatai Gbemisola in November 1994.

 

 

 

Fatgbems Group Restates Commitment to the Nigerian Economy

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Sahara weekly online is published by First Sahara weekly international. contact saharaweekly@yahoo.com

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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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FIRSTBANK PARTNERS WITH PROPARCO ON CLIMATE PERFORMANCE

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FIRSTBANK PARTNERS WITH PROPARCO ON CLIMATE PERFORMANCE

 

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First Bank of Nigeria Limited, in partnership with Proparco, a Development Finance Institution is mainstreaming climate initiatives into its business operations and strategy. This is aimed at achieving a holistic integration of climate action on Greenhouse Gas (GHG) emissions reduction through an articulated strategic pathway to position the Bank as an African Climate Bank.

The 130-year-old financial institution is currently implementing a mechanism to calculate its operational emissions across all its branches and offices. This includes calculating data on electricity use, diesel use, water consumption, waste management approach, fuel consumption, business travels, etcetera to determine the Bank’s emission baseline and innovative opportunities for operational emissions reduction. FirstBank is developing the required capabilities and competencies by investing in its employees and the right infrastructure for integrating climate action in the Bank.

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In a two-day partnership strategy workshop sessions with IPC and Valoris, consultants from Austria engaged by Proparco in the climate mainstreaming project, FirstBank’s climate journey across all areas of implementation was reviewed to determine progress and empower strategic departments across the Bank’s operations, including: the Credit Risk teams; Human Capital Management & Development (HCMD); FirstAcademy, the Bank’s  learning institute; Corporate Banking; Personal Banking; SME Banking; Procurement; Branch Operations and General Services teams to deepen the understanding of climate risks in their processes.

The six workstreams for the implementation include: Identification of financed and avoided emissions to support reporting; supporting the measurement and analysis of operating emissions; integration of physical climate risk assessment; opportunity analysis; climate strategy and policy development; capacity building amongst staff to support strategy implementation.

Dr Martin Steindl, Managing Director, Valoris, Austria, said, “Amongst our various engagements with financial institutions on climate mainstreaming, FirstBank is the only organization that has been able to provide data both on the assets’ location of their portfolio and head offices of their clients. I am impressed with the progress we have collectively achieved.”

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Reinforcing the Bank’s commitment to mainstreaming climate initiatives, the Ag. Chief Risk Officer, FirstBank, Patrick Akhidenor said ‘’FirstBank is intentional about redefining its climate footprint. We are identifying opportunities in climate finance to improve our portfolio and reduce the carbon emissions associated with our processes and operations. The Bank is executing a financed emissions calculation mechanism as well as creating climate finance opportunities, such as renewable energy and energy efficiency products for our customers.”

Nigeria has committed to reducing its GHG emissions to 20 percent by 2030 and net zero emissions by 2060. While this is ambitious, it sets the tone for businesses in Nigeria to at least support their GHG emissions reduction strategy with national plans and target. FirstBank is committed to achieving this goal and this is evident as the bank is a signatory to the Africa Business Leaders’ Climate Statement released in 2022 at COP 27 in Sharm El Sheikh, Egypt by the Africa Business Leaders Coalition (ABLC).

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Realtormax Announces Sallah Promo, Other Developments

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Realtormax Announces Sallah Promo, Other Developments

 

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Dr. Michael Adeyemi, CEO of Realtormax International Nigeria Limited, said the company will offer various incentives to customers who buy land from any of its two top real estate property – Urbanmax Estate, Obafemi Owode, Ogun State and Aje – The Wealthy Residence, Ibeju Lekki, Lagos, ahead of the Id el kabir Sallah celebrations in June.

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He noted that the exciting offers began on Monday.

Dr Adeyemi explained that while a limited-time 50% discount applies for every purchase at Aje – The Wealthy Residence, household items such as ram, rice, groundnut oil, noodles, and semovita would be available on Urbanmax Estate purchase.

According to him, the gesture was designed to reward Muslim clients and others ahead of the Sallah celebrations.

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The CEO also listed other developments in the company to include installment payments options, partners appraisals event, official launch of Urbanmax Estate in October and Lagos office relocation.

He further restated the real estate firm’s commitment to building sustainable, eco-friendly cities across Africa, adding that it was poised to deliver on its promises and exceed expectations.

Urbanmax Promo
As the Ileya festival approaches, Realtormax introduces the Urbanmax Promo, a gesture of appreciation to Muslim clients. Special offers include household items such as rice, groundnut oil, noodles, semovita, and rams, alongside a 15% commission for realtors and exciting prizes.

The official launch of Urbanmax, the Dream City, is scheduled for October 26th, offering a luxurious blend of lifestyle and serenity at an unbeatable price. Urbanmax currently sells at 1.3 million Naira, which includes survey and deed of assignment. However, post-launch, the price will rise to 2.5 million Naira or more.

Aje – The Wealthy Residence
Realtors are invited to an exclusive inspection of Aje – The Wealthy Residence, followed by the allocation of plots to clients on June 29. With a limited-time offer of 50% discount for the Ileya festival, clients can secure a piece of Aje for just N16 million Naira, inclusive of documentation.

Installment Payments
Realtormax offers opportunities for 3-month, 6-month, and 1-year payment plans and urges clients to prioritise monthly installment payments to avoid penalties and ensure smooth project execution.

Office Relocation
Following a recent fire incident at the Allen office, Realtormax is relocating its head office. Details of the new address will be announced soon, reflecting the company’s resilience and commitment to its vision.

Realtors Appraisal
An upcoming Realtors (partners) Appraisal promises to recognise and reward hard work, coinciding with the grand opening of the new office.

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