society

WHEN INDUSTRY MOVES LIKE NATION-BUILDERS Otega Ogra & Tope Ajayi

Published

3 months ago

May 24, 2025

WHEN INDUSTRY MOVES LIKE NATION-BUILDERS
Otega Ogra & Tope Ajayi

There is a particular kind of silence that greets progress in Nigeria—when food prices fall, inflation slows, the country is positively recognised, debts paid, or things begin to work. It is the kind of silence that would rather a good story stay buried than be told. But make no mistake, what we are seeing in the market today is not magic. It is the outcome of vision from the Tinubu-Shettima administration, backed by execution.

When President Bola Tinubu signed off on a six-month waiver to allow the importation of select food items, it was not an act of political theater. Rather, it was visionary economic strategy at play. That singular decision broke a cartel of hoarders who had turned food insecurity into an immoral enterprise. But strategy alone does not and cannot lower the cost of rice. What does is when industry leaders respond not with hesitation but with urgency.

Last week at The Aso Villa, the seat of the Presidency in Abuja, Abdul Samad Rabiu did not just show up to thank President Bola Tinubu. He came prepared and showed up with results. He brought evidence—bag by bag, commodity by commodity—of how Mr President’s policy met action. Rice that once cost N110,000 now sells for less than 80,000. Flour is down. Maize is down. And for once, the loudest people in the room are the ones who used to profit from scarcity, not the ones breaking it.

What happened here was disruption. The BUA team as well as other major Nigerian manufacturers and industrialists who heeded President Tinubu’s call, understood the assignment. They flooded the market, shattered the economics of hoarding, and exposed a truth few want to say: sometimes, the real enemy is not the system. It is the silence and sabotage that follows reform.

But Alhaji Rabiu did not stop at food. He announced a second move upon the advice of fellow billionaire industrialist, Aliko Dangote which was just as consequential. In an economy reeling from FX volatility, energy price surges, and imported inflation, cement manufacturers have decided to freeze the price of cement, not for everyone, but for every contractor working under the government’s Renewed Hope infrastructure projects. This is not charity at play. This is alignment.

Cement isn’t just a product. It is the bloodline of infrastructure. By holding the price steady for public works under the Renewed Hope Agenda, BUA Cement, Dangote Cement, Lafarge and new entrants, Mangal Cement didn’t just make a corporate gesture. They bought the government fiscal room, time, and momentum. That is what nation-building looks like when it wears a private-sector face.

It gets deeper. Cement manufacturers are resuscitating the Cement Technology Institute of Nigeria, pledging up to N20 billion annually to train artisans, real human capacity, not PowerPoint plans. We live in a Nigeria where for the longest time, conversations about growth rarely touch skills. This novel move is therefore a bet on people because when people are trained, projects do not just get built but they endure.

President Tinubu alluded to something important during that meeting. He did not just commend BUA. He called the actions of the private sector who have taken a bet on Nigeria throughout this period, “economic patriotism.” Whilst many sit on the sidelines waiting for stability before they act, it matters when Nigerians step in to create it.

Nigeria does not just need big men. It needs bold moves. What Rabiu and his peers are doing from freezing prices, and disrupting hoarding, to funding technical skills is not corporate PR. It is policy execution by other means and, that is what separates firms that extract value from those that build it.

In this phase of Nigeria’s transformation, we will need more of the latter. Those who understand that the private sector is not a spectator sport. That stability is not gifted but engineered. And that to win the confidence of 250 million people, you must show, not tell, that the future of Nigeria is under construction.

And if we tell these positive stories loud and well, if we stop whispering good news while bad actors shout, we may just shift the national mood from despair to resolve.

We make bold this statement because, when industry starts to move like this, it is more than just a market correction. It is a clear signal that the tide is turning positively.

As President Bola Tinubu says, the future of Nigeria will be a future built by Nigerians, for Nigeria, and indeed, Africa. No one will build our Nigeria or Africa for us but ourselves. The time is now.

society

Mayor of Brampton Honours IBD Foundation

Published

11 hours ago

August 18, 2025

Sahara Weekly

Mayor of Brampton Honours IBD Foundation

The City of Brampton has recognised Alhaji Ibrahim Dende Egungbohun for his remarkable contributions to a transformative initiative designed to empower women through essential skill-building for independence and self-reliance. This formal acknowledgment took place on August 15, 2025, in Mayor Patrick Brown’s office during a visit from the Africa Made Economic Growth Initiative (AMEGI) team. Represented by his wife, Mrs. Omolara Egungbohun, Alhaji Dende received the certification amidst an atmosphere of gratitude and celebration. Mayor Brown presented the certificate personally and extended his commendations to the IBD Foundation for their relentless pursuit of women’s empowerment, development, and their philanthropic efforts.

The Certificate of Recognition underscored Egungbohun’s unwavering dedication and tireless efforts to create diverse opportunities for women to enhance their skills, develop their potential, and ultimately prosper in their personal and professional lives. As a philanthropist, esteemed businessman, and influential social figure, his impact in Nigeria and beyond is both profound and far-reaching.

Egungbohun’s generosity and steadfast commitment have significantly bolstered the confidence of program participants, facilitating their ability to envision and construct brighter futures while strengthening community ties. In his acknowledgment, Mayor Brown stated, “Your dedication uplifts those working to inspire others,” highlighting the deep and lasting influence of Egungbohun’s work in empowering women.

This initiative is not just a standalone effort; it harmonizes perfectly with Brampton’s broader mission to advocate for and uplift marginalized groups within the community. Egungbohun’s contributions serve as a vital catalyst for transformative change, offering practical skills that enhance employability while reshaping the economic and social framework for women. Through an assortment of workshops, mentorship programs, and robust support networks, he has fostered an encouraging environment where women can fully explore and realize their potential.

As Brampton steadfastly commits itself to promoting inclusivity and equity, leaders like Egungbohun exemplify how collaboration, vision, and genuine enthusiastic engagement can effectively turn hopes and aspirations into tangible realities. The public acknowledgment from the city not only honors individual efforts but also sends a resounding message, inspiring other community leaders and stakeholders to step up and invest in grassroots empowerment initiatives that uplift and serve those in need. This recognition is a clarion call for collective action toward a more equitable and inclusive society.

society

Tayo Folorunsho Nominated as Celebrity Special Marshal of the Federal Road Safety Corps

Published

1 day ago

August 17, 2025

Sahara Weekly

Tayo Folorunsho Nominated as Celebrity Special Marshal of the Federal Road Safety Corps

Tayo Folorunsho, renowned youth ambassador and edutainment advocate, has been officially nominated to be decorated as a Celebrity Special Marshal (CSM) of the Federal Road Safety Corps (FRSC).

The unveiling took place at the recently concluded FRSC Youth Hangout, held in celebration of the United Nations International Youth Day at the National Judicial Institute, Abuja.

Over the years, Tayo Folorunsho has distinguished himself as a passionate youth leader, consistently driving initiatives that inspire and empower young people. His recognition as a Celebrity Special Marshal is not only a mark of honor but also a call to responsibility—championing road safety, responsibility, and positive change within society.

Speaking on the recognition, Tayo Folorunsho emphasized:

“This is more than an honor; it is a responsibility to use my voice and influence to promote safety, responsibility, and positive change on our roads.”

This milestone reinforces his commitment to youth empowerment, social responsibility, and nation-building through edutainment and advocacy.

society

FRSC Partners with Edutainment First International to Drive Road Safety Awareness in Nigeria

Published

1 day ago

August 17, 2025

Sahara Weekly

FRSC Partners with Edutainment First International to Drive Road Safety Awareness in Nigeria

In a country where road accidents claim thousands of lives each year—most of them young people—the Federal Road Safety Corps (FRSC) and Edutainment First International have launched a bold new initiative to change the narrative. On Thursday, August 14, both organizations hosted the maiden Road Safety Youth Hangout at the National Judicial Institute, Abuja.

The event, held to mark United Nations International Youth Day 2025, brought together more than 300 participants, including members of the National Youth Service Corps (NYSC), students, youth leaders, and community representatives. Unlike traditional road safety campaigns, the hangout was designed as an interactive forum blending education and entertainment, where young Nigerians could learn, innovate, and commit to safer road practices.

According to FRSC data, young people remain the most vulnerable demographic in road traffic crashes across Nigeria—an urgent concern this initiative aims to tackle. Through storytelling, innovation, and collaborative problem-solving, the Road Safety Youth Hangout sought to transform young Nigerians into advocates for safety within their communities.

“This is not just about rules and regulations,” said one of the organizers. “It’s about equipping young people with the tools and the voice to change Nigeria’s road culture.”

Aligned with the UN’s 2025 theme, “Local Youth Actions for the SDGs and Beyond,” the program underscored the critical role of young Nigerians in advancing the Sustainable Development Goals (SDGs), particularly those connected to health, safety, and responsible citizenship.

By focusing on empowerment rather than enforcement, FRSC and Edutainment First International signaled a fresh approach to road safety: investing in the next generation as the real drivers of change. The belief is simple yet powerful—an informed and empowered youth population is key to reducing accidents and saving lives.

For many participants, the hangout was more than just an event; it was a wake-up call. With interactive sessions infused with music, drama, and dialogue, young Nigerians were challenged to reflect on their daily habits as road users and to embrace leadership as advocates for safer communities.

As one youth participant reflected:

“Road safety isn’t just the job of the FRSC. It’s our responsibility too—because we are the ones most at risk.”

The maiden edition of the Road Safety Youth Hangout may have ended, but the movement it launched has only just begun. Its message was unmistakable: Nigeria’s fight for safer roads must be youth-led, collaborative, and relentless.