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TONY ELUMELU FOUNDATION MARKS INTERNATIONAL YOUTH DAY EMPHASISING THE “YOUTH ENGAGEMENT FOR GLOBAL ACTION” AGENDA

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The Tony Elumelu Foundation (TEF) joined the United Nations and other global organisations to mark the International Youth Day on August 12, 2020, with a line-up of pan-African speakers discussing the theme, “Investing in Africa’s Future: Youth Empowerment through Entrepreneurship”.  

The event emphasised the “Youth Engagement for Global Action” agenda and the role of African entrepreneurs in pushing for sustainable development. It also examined the critical role of the youth in igniting their potential, population, and influence to create mechanisms for sustainable development across the continent. 

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Moderated by TEF CEO, Ifeyinwa Ugochukwu, the event featured a line-up of pan-African entrepreneurs and speakers from the development sector.

Addressing the audience, Ifeyinwa Ugochukwu drew attention to the plight of startup African entrepreneurs during the pandemic while highlighting the importance of SMEs, especially during this period. “The SMEs are the major contributors to African economies. We must not underestimate the level of disruption and uncertainty that young people all over the world have faced as a result of the COVID-19 pandemic in Africa.”

Ifeyinwa emphasized the need to empower the youth to tackle the menace of poverty on the continent.

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Wambui Gichuri, Ag. VP Agriculture, Human, and Social Development, African Development Bank stated: “Entrepreneurship is an essential part of Africa’s employment challenge and it is where we have to put our focus as a multilateral development bank”.  

She added: “We need to do whatever it takes to empower our youth because they are the future of the continent”.

Martha T.M. Phiri, PhD, Director, Human, Youth and Social Development, African Development Bank, stated that the $5million partnership between the African Development Bank (AfDB) and the Tony Elumelu Foundation in 2019 to empower additional young African entrepreneurs, was a step in the right direction to create jobs on the continent. “That was a very exciting partnership and we feel this should be the way forward if we are going to create jobs on the continent,” she said.  

Shoroke H. Zedan, Chairman, World Youth Skills, Egypt said: “It is important that governments start looking at entrepreneurship as a fundamental core topic that needs to be integrated into the educational system”. 

Speaking on incorporating the youth into policymaking decisions, the Global President, AISEC, Alexandra Robinson stated: “I advocate for any policy that involves young people as co-owners of the policymaking process. I really believe that when young people are given co-ownership of the table, not just invited to someone else’s, they are able to have those meaningful conversations”.

Bilikiss Adebiyi-Abiola, Founder, Wecyclers Nigeria and past fellow of the Tony Elumelu Foundation recalled the moment when she got accepted into the Tony Elumelu Foundation Entrepreneurship Programme: “In 2012, when I was invited to the Tony Elumelu Foundation to pitch my idea, I was very fortunate to pitch directly to Mr. Elumelu and I was surprised a couple of days after, we got the grant. That grant was very important for Wecyclers”. 

Speaking as an entrepreneur doing business on the continent, Leroy Mwasaru, Founder, Greenpact Kenya and an alumnus of the Tony Elumelu Foundation’s flagship Entrepreneurship Programme highlighted the need for transparency to attract more investors: “It is as a result of sharing what we have been doing that we hope there are less failures and more successes”. 

Earlier in the year, due to the pandemic, the Tony Elumelu Foundation announced the postponement of its flagship TEF Entrepreneurship Programme and TEF Forum, the largest gathering of African entrepreneurs on the continent. Celebrating its 10th year anniversary later in 2020, the Foundation counts over 9,000 young African countries across all 54 African countries as beneficiaries and alumni of its Entrepreneurship Programme. It continues to support African entrepreneurs with expert-led masterclasses, business management training and market linkages on its digital networking platform, TEFConnect.  

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

Business

ASR AFRICA KICKS OFF THE CONSTRUCTION OF A N250 MILLION ABDUL SAMAD RABIU SPORT COMPLEX FOR THE UNIVERSITY OF JOS

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ASR AFRICA KICKS OFF THE CONSTRUCTION OF A N250 MILLION ABDUL SAMAD RABIU SPORT COMPLEX FOR THE UNIVERSITY OF JOS

 

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The Abdul Samad Rabiu Africa Initiative (ASR Africa), the philanthropic initiative of the Chairman of BUA Group, Abdul Samad Rabiu (CFR, CON), has kicked off the construction of the N250 million sport complex for the University of Jos. The sporting facility which is sited at the Naraguta Campus of the university, is set to consolidate the preparedness of the university in hosting the Nigerian Universities Games Association (NUGA).

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The facility will feature a 300-seater spectator stand, changing rooms, a lawn tennis court, and a basketball court.
Speaking at the event, the Vice Chancellor of the University, Prof. Tanko Ishaya, praised the Chairman of ASR Africa, Abdul Samad Rabiu for the critical facility intervention. He mentioned that at the time of the institution’s nomination by ASR Africa for this laudable project, the university management was concerned about sourcing for funds to meet up with its nomination as the host university for the NUGA games. He added that with the ASR Africa TEGS grant, the university is positioned to host more games during the tournament.

 

 

 

 

The Vice Chancellor noted that the university signed a memorandum of understanding with the International Sports University in South Korea to develop a comprehensive sports programme to harness the talents that abound across the country in the various fields of sports and this complex would be a business boost to implement the agreement.

 

 

 

The Managing Director of ASR Africa, Dr. Ubon Udoh, applauded the management of the University of Jos for being an outstanding institution. He added that all of the universities who are beneficiaries of the ASR Africa Tertiary Education Grant Scheme, were selected based on some stringent criteria which include the quality of leadership, the academic excellence at the University, amongst others. Dr Udoh assured the university of the speedy completion of the project ahead of NUGA games and reiterated the commitment of the Chairman of BUA Group and ASR Africa, in supporting the education sector in Nigeria and Africa as a whole by providing indigenous solutions.

 

ASR AFRICA KICKS OFF THE CONSTRUCTION OF A N250 MILLION ABDUL SAMAD RABIU SPORT COMPLEX FOR THE UNIVERSITY OF JOS

About ASR Africa
ASR Africa is the brainchild of African Industrialist, Philanthropist and Chairman of BUA Group, Abdul Samad Rabiu, the Abdul Samad Rabiu Africa Initiative (ASR Africa) was established in 2021 to provide sustainable, impact-based, homegrown solutions to developmental issues affecting Health, Education and Social Development within Africa.

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Again, Dangote crashes diesel, and Aviation fuel prices further to N940, N980 respectively

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Dangote reacts to EFCC’s visit to its Headquarters

Again, Dangote crashes diesel, and Aviation fuel prices further to N940, N980 respectively

 

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Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940, N980 per litre respectively.

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This is coming in the wake of its widely celebrated price reduction to N1,000 barely two weeks ago.

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The price change of N940 applies to customers buying five million litres and above from the refinery, while the price of N970 is for customers buying one million litres and above.

Speaking on the new development, the Head of Communication, Mr Anthony Chiejina, explained that the new price is in consonance with the company’s commitment to cushion the effect of economic hardship in Nigeria.

“I can confirm to you that Dangote Petroleum Refinery has entered a strategic partnership with MRS Oil and Gas stations, to ensure that consumers get to buy fuel at affordable price, in all their stations be it Lagos or Maiduguri. You can buy as low as 1 litre of diesel at N1,050 and aviation fuel at N980 at all major airports where MRS operates.”

He further stated that the partnership will be extended to other major oil marketers. “The essence of this is to ensure that retail buyers do not buy at exorbitant prices.

“The Dangote Group is committed to ensuring that Nigerians have a better welfare and as such, we are happy to announce this new prices and hope that it would go a long way to cushion the effect of economic challenges in the country.

It would be recalled that the management of Dangote Petroleum Refinery announced a further reduction of the price of diesel from 1200 to 1,000 Naira per litre barely two weeks ago.

This marks the third major reduction in diesel price in less than three weeks when the product sold at N1,700 to N1,200 and also a further reduction to N1,000 and now N940 for diesel and N980 for aviation fuel per litre.

Nigerian President Bola Tinubu had also commended Mr Dangote for the initial price reduction, describing it as an “enterprising feat.”

Reacting to the latest development, The Director General of the Manufacturers Association of Nigeria (MAN), Mr. Ajayi Kadiri, said that “The decision of Dangote Refinery to first crash the price from about N1,750/litre to N1,200/litre, N1,000/litre and now N940 is an eloquent demonstration of the capacity of local industries to positively impact the fortunes of the national economy.”

He added that “The trickledown effect of this singular intervention promises to change the dynamics in the energy cost equation of the country, in the midst of inadequate and rising cost of electricity.

“The reduction will have far-reaching effects in critical sectors like industrial operations, transportation, logistics, and agriculture, contributing to easing the high inflation rate in the country; a lot of companies will be back in operation.”

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Prophet Fasola launches inspirational book, ‘Knowing Your Position in Christ’ on Amazon

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Prophet Fasola launches inspirational book, ‘Knowing Your Position in Christ’ on Amazon

 

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Upwardly mobile Evangelist, Prophet Idowu Fasola, otherwise known as Broda Woli has launched his inspirational book, ‘Knowing Your Position in Christ’ on Amazon.

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‘Knowing Your Position in Christ’ is an exciting book that uncovers the reader’s identity and purpose as a Christian.

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According to the author, in the book, readers will “learn that, through your faith in Jesus, you’re welcomed into God’s family with open arms. You gain salvation, righteousness, and an incredible inheritance. This book will help you grasp your new identity in Christ and inspire you to live in a way that truly honors God.”

 

Prophet Fasola (Broda Woli) is the Shepherd-in-Charge of Celestial Church of Christ Hirahjahman Parish. He has a deep understanding of the teachings of Christ and a passion for sharing them with others.

In addition to his spiritual gifts, Prophet Fasola is also versatile in many other areas, including Writing, Songwriting, Content
Creation, Video editing, Graphics Design, and using social media to spread the gospel of Jesus Christ.

Through his book, Prophet Fasola aims to inspire and guide others to better understand their position in Christ and to live out their faith in meaningful ways. With his passion for sharing the message of hope and love found in Jesus Christ, Prophet Fasola is dedicated to helping others grow in their relationship with God and to live a life of purpose and fulfillment.

 

Read book here:

 

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