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Kenny Ogungbe quits as MD of Raypower FM as Ambrose Somide replaces him

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The Board of Directors of DAAR Communications Plc at its 73rd Board Meeting held on Friday confirmed Dr. Ambrose Olutayo Somide as the new Managing Director of the Radio Services-Strategic Business Unit of DAAR Communications Plc conglomerate, which includes both RayPower FM and FAAJI FM.
Somide’s appointment is sequel to the voluntary retirement by the erstwhile Managing Director, Dr. Kenny Ogungbe, who is now the Managing Director/CEO of KENNIS FM, the new radio station that has been granted operational licence by the National Broadcasting Commission.
Somide before his appointment, which takes affect from April 1, 2017, was the Director, Radio Services.
He was the Coordinating Officer for FAAJI 106.5FM amongst several other duties.
Somide is an alumnus of the University of Ife, now Obafemi Awolowo University, where he studied Urban and Regional Planning and graduated in 1991.
He started his broadcasting career in 1983 with the then Radio Nigeria, Abeokuta as a News Assistant.
In 1984, he joined the Ogun State Property Development Corporation, where he worked as a Survey Assistant-in-Training before proceeding to the University.
Upon graduation and after the National Youth Service, he joined the Ogun State Broadcasting Corporation (OGBC 2) as a Programme Presenter.
Upon the deregulation of the broadcasting sector, he joined DAAR Communications Plc radio station, RayPower FM, in 1993 as one of the pioneer staff as the first Head of Presentation and rose through the ranks to the position of the Assistant General Manger – Programme Services.
In 1988, he midwived the establishment of RayPower 2 106.5FM, an all talk radio station, which was a broadcast partnership between DAAR Communications Plc and the BBC, London.
In 2000, he rose to the position of the General Manager of Radio Services.
Between 2000 and 2008, he was into private practice as the Chief Executive Officer of a Broadcast Media Consultancy Firm – ATSOM Media.
The firm specialized in content management, content production, radio and television jingles and commercial (TVC) production, capacity development, content provider trainer and events compeering.
In 2008, he rejoined DAAR Communications Plc to again establish the first fully indigenous television station – FAAJI TV (Yoruba Language Channel) on Daarsat, the satellite television station.
In 2012, Somide once again midwived the establishment of FAAJI FM a Yoruba/Pidgin Language Radio Station as the Director of Radio Services, with the responsibility of Content Development, Programming and Presentation format for the new station, FAAJI FM, including other presentation and administrative duties on RayPower FM.
Somide has attended several courses and training programmes in broadcasting – FRCN Training School – Lagos in 1983; Tomson Foundation London’s Investigative Journalism Training in IITA, Ibadan in 1996; Advanced Management Techniques in BBC, London in 1998; Voice of America/USIS Basic Managers Training in 2000; Advanced Media Managers Training in the University of Tennesse, USA in 2000 and Rotary Club Exchange Programme in Norway in 2000.
To his credit are some award winning programmes that he presented/produced: Kileroyin (Radio Nigeria 1983), E ma Bubble (OGBC2), Minijojo (RayPower since 1994 to Date) and AIT Network (1996 to Date), Bournvita Breakfast Special (RayPower), Souls of Jazz (OGBC/RayPower), Guinness Power Jazz (OGBC/RayPower), Ultimate Morning Show (RayPower), Factfile (RayPower), Soul Serenade (RayPower), Brosumers Smooth Lounge (Rock City FM), Oskedemi (Radio Lagos/LTV), Koleladun (OGBC 2), Oro to nlo (FAAJI, Daarsat/Africa Independent Television)Ultimate Morning Show (RayPower Network) Factfile (Ray Power Network)
For his outstanding contributions to the broadcast media, he has been decorated with some awards: AMEN Award for Best Duo on Radio in 1988, Merit Award, Jaycee Club, Abeokuta in 1988, Most Popular on Air Personality (TV) 2012, Celebrity Media Award, Best Radio Presenter National (Male)2013, Nigeria Broadcasters Awards, Special Recognition Award City People Award 2013, Award of Excellence 2013 by the Institute of Certified Communications 2013, Honoured as the Ekerin Atoloye, Oke-Odo, Asero, Abeokuta.
Somide in 2013 was awarded Honorary Doctorate Degree in Electronic Media Administration and Management by the Institute of Graphoanalysts of Nigeria, Onigraffiks-OPEN University.
He was one time the Chairman of the Lagos Branch of Freelance and Independent Broadcasters Association of Nigeria and the National President from 2008 to 2012.
He is a lover of Jazz, traditional African music.
He loves reading and travelling.
He is happily married and blessed with three boys.

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FIRS ANNOUNCES AN ONGOING RECRUITMENT

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FIRS ANNOUNCES AN ONGOING RECRUITMENT.

 

The Federal Inland Revenue Service (FIRS) has rolled out an exciting opportunity for experienced professionals to join its team.

In a public notice via its X handle, the agency announced job openings for positions like Assistant Manager, Deputy Manager, and Assistant Director in fields such as Tax, Public Relations, Legal, ICT, and Risk Management.

Interested candidates are encouraged to review the eligibility criteria and apply via the official portal at careers.firs.gov.ng before January 11, 2025. This recruitment drive is aimed at bolstering public service efforts and maximizing national development.

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UBA GMD Calls for Public-Private Collaboration, Joins Aviation Minister to Commission New MMIA Departure Section

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UBA GMD Calls for Public-Private Collaboration, Joins Aviation Minister to Commission New MMIA Departure Section

The newly renovated departure section of the Murtala Muhammed International Airport, Lagos, refurbished by United Bank for Africa (UBA) Plc, was officially commissioned on Friday, December 20th, 2024.

The laudable project, which marks a transformative moment in Nigeria’s aviation sector, underscores UBA’s unwavering commitment to national development and highlights the immense value of strategic public-private partnerships (PPPs).

The ceremony was graced by distinguished stakeholders, including the Honourable Minister of Aviation and Aerospace Development, Festus Keyamo, SAN; the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku; other Directors, and Heads of Agencies operating at the Airport.

Speaking at the event, UBA’s Group Managing Director/CEO, Oliver Alawuba,lauded the collaboration that brought the project to fruition as he emphasised the need for public and private institutions to come together to build and revamp the nation’s assets.

“This renovation is a testament of UBA’s belief in the transformative power of investing in national assets. By modernising our airports, we not only enhance infrastructure but also position Nigeria as a global hub for tourism, trade, and investment,” he stated.

Alawuba took time to highlight the broader economic impact of such initiatives, urging increased private-sector participation in national development. “Public-private partnerships like this demonstrate what can be achieved when we unite for a shared vision of progress and investing in infrastructure catalyses economic growth, improves travel experiences, and creates opportunities across various sectors of the economy,” he added.

Alawuba reflected on the power of unity and collaboration, quoting Helen Keller: “Alone we can do so little; together we can do so much.” The commissioning of the renovated departure section serves as a reminder of what strategic partnerships can achieve in driving national development and elevating Nigeria’s global standing.”

While commissioning the project, Keyamo commended UBA for executing the project, a feat he termed a landmark achievement in Nigeria’s aviation sector. “This renovated departure section exemplifies the bank’s commitment to elevating aviation infrastructure, improving passenger experiences, and fostering international partnerships. It is a proud moment for the ministry and all stakeholders involved, and I thank the management of UBA for pioneering this initiative,” he remarked.

The minister highlighted other key achievements of his ministry, including compliance with the Cape Town Convention, the launch of a consumer protection portal, and advancements in major infrastructure projects such as the second runway at Abuja Airport and solar energy integration in airport operations.

The Managing Director/Chief Executive of FAAN, Mrs. Olubunmi Kuku, commended UBA and other stakeholders for their contributions, adding, “This project reflects FAAN’s dedication to delivering world-class aviation infrastructure. The enhanced departure section not only elevates passenger experiences but also strengthens Nigeria’s competitive position in global aviation,” she said.

She called for more private-sector participation, emphasising that “partnerships like these are essential to transforming the aviation sector into a beacon of excellence.”

The newly renovated departure section boasts cutting-edge facilities designed to enhance efficiency and passenger comfort. This upgrade reaffirms the Murtala Muhammed International Airport’s status as a critical gateway to Nigeria and a major hub for international travel in Africa.

United Bank for Africa is Africa’s Global Bank. Operating across twenty African countries and the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology. UBA is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 45 million customers globally.

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

 

…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

 

 

Sahara Weekly Unveils That The Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

 

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

 

 

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

 

 

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

 

 

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

 

 

Recall that in September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

 

 

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

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