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Foundation honours Kole Shettima

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Leaders in Nigeria’s civil society community, representing media, academia, and non-governmental organisations, have described the MacArthur Foundation Director in Nigeria, Kole Shettima, as a blessing for stakeholders working towards a better society.

They said this at an event themed ‘The Impact Series with Kole Shettima.’ It was organised by the Akin Fadeyi Foundation and held virtually recently.

The speakers, including Erelu Bisi Fayemi, Simon Kolawole, Kadaria Ahmed, and others, praised Shettima for using the MacArthur Foundation to support individuals and NGOs in Nigeria, promoting transparency and credibility in governance.

The founder of the Akin Fadeyi Foundation, Akin Fadeyi, said, “The Impact Series with Kole Shettima’ was put together not only to celebrate the anti-corruption investor but to create a forum for members of the civil society community to engage, evaluate and give advice where necessary on good governance and fighting against corruption.”

He described Shettima as one change agent who lived and woke with a thought on how to better Nigeria.

“Today is special for me because we all gather on this platform to speak about one man who has done a lot to change our country’s narrative. Dr Shettima is one man who has created a way to hold Nigerian leaders accountable despite the challenges associated with such an endeavour.

“Shettima has made it possible for us to look power in the face and ask questions where necessary. To me, he is a real hero and we must all begin to learn one or two things from him to further impact our various societies,” Fayemi said.

Also, the media entrepreneur and publisher of TheCable Online, Simon Kolawole, noted, “Beyond Dr Shettima’s contribution to society’s growth, especially his commitment to training journalists in the area of investigative reporting and the provision of equipment and tools for the media. One more thing I have found very exciting about Dr Shettima is his simplicity.”

A priest, who also doubles as the Executive Director of Lux Terra Leadership Foundation, Rev. Fr. George Ehusani, commended Shettima for his contribution to humanity.

The Publisher of Premium Times, Dapo Olorunyomi, added, “Shettima is one of the few people we should appreciate for the growth and development of investigative journalism and media in general in this modern age.”

Reacting to the torrent of tributes in his honour, Shettima commended the organisers and appreciated all for their generous and humbling contributions.

He also applauded the contributions of his team members for the impact he had made, adding that without their support, he couldn’t have done it alone.

“The kind of people you work with always make the difference. Pay attention to the people you work with. I personally always care a lot about people and the foundation has helped me actualise my dreams,” Shettima remarked.

Nile Group promotes gender equity

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Media and entertainment company, Nile Group, has promoted gender equity with the appointment of a female-led executive team.

According to a statement to The According, each member brings a unique set of skills and experiences, contributing to the strategic decision-making process and driving the company’s growth and success.

The new team is led by group executive directors: Biola Sokenu and Lolu Desalu; General Manager of Distribution & Marketing for Nile Entertainment, Nowekere Alexis Segun-Ojo; Vice President of Productions, Abimbola Craig, and Vice President of Luxury Entertainment at Nile X Bukky George-Taylor.

Nile Group’s CEO, Moses Babatope, expressed his excitement about the female-led executive team, stating, “We are thrilled to have such a talented and diverse group of women leading our organisation. At the Nile Group, we are committed to promoting a diverse and inclusive environment.

“Appointing a female-led executive team reflects our dedication to empowering women in leadership roles and driving innovation through diverse perspectives. Their expertise and passion will drive our company forward and help us achieve our goals. We believe that by breaking barriers and embracing diversity, we can create a stronger and more successful business.”

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FBS Re gets new leadership

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FBS Re, a fast-growing Nigerian reinsurance company, has appointed a new management team and board members.

A statement from the firm noted that the changes would reflect a new chapter in its repositioning for enhanced services.

It noted that all changes had received no objections or approval from the National Insurance Commission.

The firm appointed Ganiyu Musa as its new managing director/chief executive officer, replacing  Fola Daniel.

It also elevated Shola Ajibade to the position of executive director (technical).

FBS Re expressed its gratitude to Daniel, who is its founding CEO, for his visionary leadership and dedication.

“Under his sterling stewardship, FBS Re earned a gross written premium of over N33bn within only three years of operations. As Fola steps down from his executive role, we are excited to welcome Ganiyu Musa as the new managing director/chief executive officer of FBS Re,” it asserted.

According to the firm, Ganiyu brings his wealth of cognate experience and will introduce a fresh perspective to FBS Re.

“With a proven track record of over several decades in the leadership of insurance, reinsurance, audit, and consulting institutions, he is poised to lead FBS Re to its next phase of innovation and market expansion.

“Musa’s strategic vision aligns perfectly with FBS Re’s commitment to providing exceptional reinsurance solutions to clients in Nigeria and across Africa,” it noted.

It also disclosed the retirement of Steve Kyerematen as its chief operating officer.

It stated that Ajibade had demonstrated exceptional technical expertise and a deep understanding of the Nigerian and African reinsurance markets.

According to the company, in his new role, Ajibade will continue driving operations and business development and helping FBS Re achieve its strategic marketing objectives.

The Chairman of the Board of Directors, Bala Zakariyu, expressed appreciation to Daniel and Kyerematen and welcomed them to their new positions as non-executive directors.

Ogun trains 300 women in vocational skills

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In a bid to make women and youths financially independent, the Ogun State government through the Ministry of Women Affairs and Social Development has trained over 300 women in various vocational skills.

The state government on Tuesday distributed sewing machines, locally made ovens, pedicure boxes, stoning machines, industrial burners, among others, to the trained women.

They were trained in vocational skills such as fashion designing, catering, cosmetology, beauty care among others

This is just as the government noted that over 20,000 people have benefitted so far from its scheme aimed at fighting poverty and unemployment in the state

The Commissioner for Women Affairs and Social Development, Hon. Adijat Adeleye, disclosed this while speaking during the graduation and distribution of the items at the Women Development Centre, Oke-Ilewo, Abeokuta.

Adeleye said that the skills acquired were tools for personal advancement critical for growth and development of Small and Medium Enterprises.

She said, “The trainees have been trained in competitive skills that thrive in the society and these include Fashion Designing, Catering, Hairdressing, Cosmetology and Beauty care and the importance of vocational training cannot be overemphasised, serving as an alternative means of livelihood for the majority of people”

The commissioner noted that Governor Dapo Abiodun-led administration had given unwavering support and empowered women economically through ‘Oko’wo Dapo’ and other investments in the state, urging the graduands to continually seek knowledge and improve their skills on the latest trends and innovations in different fields, which would make them relevant.

She said ‘’I want you to make adequate use of the knowledge and skill acquired. It is important to embrace entrepreneurship with confidence and creativity in developing solutions that can turn needs into opportunities’’.

Giving her remark at the event, the Special Adviser to the Governor on Women Affairs, Mrs Ayotunde Lawal, pointed out that government was determined to improve the livelihood of youth and women through acquisition of vocational skills.

Lawal implored the graduands to make judicious use of the opportunities which would enhance career prospects, foster entrepreneurship and improve productivity, to reduce dependency on white-collar jobs.

The Permanent Secretary in the ministry, Mrs. Adejumoke Adewole, said the programme was designed to equip trainees with practical skills that were not only marketable but essential for the growth of our local economy.

Adewole started that provision of quality vocational training for unemployed youths would make them to be self-reliant, confident and capable of contributing positively to society.

Speaking on behalf of the beneficiaries, Barakat Adeniyi thanked the state government for the opportunity to be trained and supported with working tools adding that they have now been strengthened to contribute meaningfully to the country’s economy.

CandourCrest rewards SMEs

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CandourCrest Financial Services Limited has rewarded three small and medium-scale enterprises as part of its efforts to support startups.

In a statement by the firm, the founder and Chief Executive Officer of the firm, Debola Agunbiade, disclosed this during the company’s 5th anniversary.

He reiterated the company’s dedication to supporting young businesses.

Agunbiade stated that CandourCrest had presented grants to the three SMEs, noting that the firm was committed to providing financial solutions and building strong relationships with its stakeholders.

He added that the firm had significantly grown its clientele and completed transactions totalling over N16bn in the past five years of incorporation.

Agunbiade remarked, “We especially wish to thank all our clients for their dedication and loyalty to our success. As we always emphasise, it is not just about business for us; it is about partnership.

“Over the years, I have come to realise that challenges should never discourage us. Instead, they are the most powerful catalysts for growth. I dare say you should ride on them.”

He added that the company provided financial and leasing services anchored on integrity and transparency, with a mission to support economic growth and development.

“CandourCrest is committed to giving back to the community, supporting SMEs, schools, churches, and women’s programs.

“The company has been recognised for its innovative services with accolades such as Africa’s Most Innovative Loan and Credit Service Brand Award 2023 and the FCMB SheVentures Women in Business segment recognition,” he declared.

Also, an Independent Director of CandourCrest Finance Limited, Dr Oluseyi Olanrewaju, remarked, “In terms of corporate governance, which is the bedrock of any organisation, I can confidently say that CandourCrest is very stringent. It has assembled a versatile board with members from diverse backgrounds.”

On his part, the Chief Executive Officer of Logik Field Limited, Olusegun Akanji, said the effort CandourCrest had put into assisting its clients was remarkable, adding that he had referred several clients to the organisation because of its outstanding service.

He also noted that in its initial years of operation, CandourCrest had emerged as one of the foremost Central Bank of Nigeria-licensed financial institutions in Nigeria.

“As CandourCrest looks to the future, it remains committed to its vision of becoming the preferred and most trusted Pan-African financial service partner. With aspirations to expand globally, the company is poised for continued growth and impact,” Akanji added.

‘Undue pressure affecting female performance in workforce’

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Human resources stakeholders have stated that the undue pressure that female workers go through impacts their ability to harness their potential.

This was the fallout of Citisquare Africa conference, themed “The Impact of Burnout on Women within the Workforce: Challenges and Solutions”, held recently in Lagos.

According to a release from the organisers of the conference, stress has a detrimental effect on individuals generally and professionals, especially those who do not know when to draw the line between their capabilities and expectations at the workplace.

The participants at the conference stated that the implication was that humans would live a more fulfilled life when they understood their limits.

“This they can do through self-awareness, personal growth, better decision making and improved relationships among others. The inability to know when to draw the line is what leads to burnout,” they noted.

The Managing Director of UAC, Oluyemi Oloyede, said, “Society puts the woman under undue pressure because of the demand on her time- first at work where she is the Chief Executive or whatever role she plays and at home where she is a wife and a mother.

“Even though the society expects the woman to be perfect, she will need to recognise her own strength to know when to seek help.”

To avoid burnout, she advocated a support base from the family or a therapist to cope with their demands.

In her opening speech, the Winner Most Beautiful Girl in Nigeria 2022, Queen Ada Eme, stated that the essence of the programme was to address burnout.

She argued that burnout is a scourge affecting individuals at an alarming rate, jeopardising not only their well-being and workplace productivity.

Quoting a report by McKinsey & Company, Eme said a staggering 42 per cent of women experience burnout globally as against the American Psychological Association, which put the figure at 63 per cent of women experiencing burnout at work compared to 58 per cent of men.

Similarly, the Group Managing Director of Medbury Healthcare, Dr Itunu Akinware, remarked she usually trivialised burnout until it happened to her, which in turn gave her a new perspective on the scourge.

Akinware said, “For a very long time I never believed in burnout. We used to laugh at people when they said they were experiencing burnout until I experienced it. When it happened to me, I was indifferent to everything. Nothing was interesting; I was terribly depressed. I did not want to get up in the mornings, so I would stay in bed all day. I would be tired, depressed and hardly sleep well.

“Until a friend advised me to visit a wellness centre. It was the visit that changed everything for me- so, my advice to people now is to know when to recognise stress and avoid it to avoid burnout.”

Earlier in her presentation, the Executive Director of the Institute of Counselling in Nigeria, Dr Tolu Oko-Igaire, said burnout is linked to mental health.

Speaking on the title ‘Promoting positive mental health through purposeful living: A strategy for overcoming burnout in the workplace’, Oko-Igaire stated that a person’s mental health affects the way he or she thinks, feels and it determines how the person handles stress and in-turn relates with other people.

She noted, “It will be ignorant to feel that one is automatically fine when the environment around the person is not. One must be intentional about keeping a positive mental state and not to take for granted the seemingly little things, like a hug, socialising, a chat with people or seeing a therapist when necessary.”

A TV host, actor and producer, Stephanie Aderinokun, pointed out that prioritising and learning when to say no was one way to deal with burnout.

“The benefits of saying no sometimes when there is so much demand on our time is enormous and just saying no will save us a lot of trouble.

“As a woman, there are many things to deal with- children school, work and family, which can take a toll on the woman not to add to dealing with oneself. My advice then is the woman should learn to say no to some things and learn to be happy especially when the pressure is mounting,” she posited.

On her part, the founder and Chief Executive Officer of The Dew Centre, Omon Anenih, noted that burnout affects people differently.

“No two people experience it at the same time and the same degree, hence, everybody must understand the highest degree of their pressure point.

 “There could be two people in the same job, with the same pressure yet they react differently. So, because one person can cope with pressure does not necessarily mean the next person can cope the same way. For me, know when you are fatigued and when you need to take some time out to rest, see a therapist if you have to but importantly don’t put yourself under any pressure,” Anenih stated.

The Convener of Colours of Well-being, and founder of Citisquare Africa, Dr Uche Nnama, added, “At the time of planning the event, one factor that was at the back of our minds was to create a platform of engagement offering a combination of relaxation, strategic networking, and investment opportunities for professionals and high net-worth individuals across various sectors in the workplace. And we are glad we were able to make it happen through your support.”

Effective people’s management drives organisational excellence – CIPM

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The President and Chairman of the Governing Council of the Chartered Institute of Personnel Management of Nigeria, Ahmed Gobir, has reiterated the importance of people management in driving organisational excellence.

He said this during the CEO/CHRO/HRD Forum organised by the Chartered Institute of Personnel Management of Nigeria, themed “Strategic People Management: Leveraging Your Greatest for Business Success,” held recently in Lagos.

Gobir highlighted the significant role that effective people management plays in driving organisational excellence and achieving sustainable success.

According to the CIPM president, the forum is beyond being just an event, saying it is an essential platform for sharing knowledge, exchanging ideas, and fostering collaborations, paving the way for innovative solutions in people management.

“HR management will provide in an era where the business landscape is constantly evolving. It is the strategic management of our most valuable asset – our people – that differentiates successful organisations from the rest. As Peter Drucker once said, ‘The best way to predict the future is to create it.’ This profound insight reflects the essence of our gathering today: to explore how we can proactively shape the future of our organisations through strategic people management.

“According to recent studies by McKinsey & Company, companies with highly engaged employees experience 21 per cent higher profitability and 20 per cent higher productivity than their counterparts. These statistics highlight the undeniable impact of effective people management on business outcomes,” Gobir said.

A Good Work Index 2022 survey showed that managers who treat people fairly and provide effective feedback and support, while also developing their staff and helping employees to work together, are likely to have happier, healthier and higher-performing teams.

According to the report, managers must be equipped with the skills to manage and develop people effectively to support their health and well-being and to help boost employees’ performance and commitment.

Lagos hospital seeks regulation of IVF

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The Bridge Clinic, Lagos, has called for regulation of In vitro fertilisation in Nigeria.

Speaking during a walk to mark World IVF week, the Managing Director of the clinic, Sunny Ekhalume, said many fertility clinics in Nigeria did not meet the required standard.

A statement on Tuesday said the staff members of Bridge Clinic embarked on the awareness walk around the GRA in Ikeja.

The MD said, “Most important is the need for regulation. Currently, there is no serious regulation around fertility management in Nigeria, and implementing such regulations is very important.

“We have over 100 fertility clinics in Nigeria now, but many of them do not meet the required standards and do not adhere to the ethics and practices expected. For example, you will see some IVF clinics celebrating the birth of six babies at once. At Bridge Clinic, we will not transfer more than two embryos at a time, prioritising the health of the mother and the babies.

“In other parts of the world, clinics will not even transfer more than one embryo, and that is the standard we aim to achieve.”

He added that the government could help educate people and reduce the stigma surrounding fertility and IVF, saying there was a need for more investment in healthcare, not just fertility clinics but overall healthcare services.

Also speaking, one of the counsellors at the clinic, Umhor Akinselure, said the fertility walk was aimed at increasing awareness of IVF.

She said, “The IVF’s journey with assisted reproductive technology spans 46 years, though, in our country, we are pioneers, marking our 25th anniversary this year. It’s been 20 years since our first successful birth. It’s time to fully embrace this technology. Let’s encourage those struggling with infertility to seek assistance without hesitation. Around the world, people are increasingly seeking help sooner rather than later.

“Today, my call to everyone facing this challenge is clear: take the right steps, seek help, and if immediate access isn’t possible, start planning for it.”

Music icon, Onyeka Onwenu, dies at 72

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Legendary Nigerian singer and actress, Onyeka Onwenu has reportedly died at the age of 72.

She was said to have died on Tuesday night at the Reddington Hospital in Lagos after slumping at the birthday party of Mrs Stella Okoli.

TheNiche reported that an eyewitness who was at the party confirmed the news.

“It is very sad. Onyeka Onwenu just performed at the birthday of Mrs. Stella Okoli today (Tuesday, July 30, 2024), and after performing, she slumped.

“She was taken to Reddington Hospital and she couldn’t make it,” the eyewitness said.

However, the deceased’s family has yet to announce her death as of press time.

Onwenu will be remembered for her music albums such as In The Morning Light and Dancing In The Sun.

She also featured in the Half of a Yellow Sun and Lions Heart, among others.

Tosin Oyediran

Tosin, with over six years’ experience, conducts incisive interviews, pens engaging features, subedits and delivers impactful stories for the digital sphere.

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PTAD pays N395m death benefits for 238 late pensioners

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The Pension Transitional Arrangement Directorate has processed and paid N395,559,795.09 as death benefits and gratuity to 238 deceased and retired pensioners as of July 19, 2024.

This was disclosed by the Executive Secretary of PTAD, Dr Chioma Ejikeme, during the inauguration of the Kwara State office of the agency in Ilorin, on Tuesday.

She said the directorate was determined to address all legitimate complaints of non-payment of gratuities to some pensioners and death benefits to the next-of-kin of deceased pensioners across all the pension departments.

The PTAD boss also said that she inaugurated a Directorate-Wide Expanded NOK and Gratuity Project in December 2023, following complaints from next-of-kin of deceased pensioners and some pensioners concerning non-payment of inherited liabilities.

Ejikeme, who said the project was still ongoing, added that the rest of the NoK and gratuity benefit claims files were still undergoing checks and validation.

“Because, as I often say, any money that is wrongly paid to a NOK beneficiary is like money put in the belly of the tiger, as it would be very difficult, if not impossible, to recover.

“Nevertheless, it is worthy to note that PTAD is working tirelessly with relevant stakeholders and respective high courts of justice across the federation to ensure that the Letters of Administration in favour of the NOK are validated within the shortest timeframe and other related checks completed to enable the remaining beneficiaries to receive their entitlements in the shortest possible time,” she said.

Ejikeme said PTAD had opened 11 state offices across the six geopolitical zones of the country since its inception in 2013, adding that the Kwara office made it the 12th PTAD state office, in addition to the FCT Abuja office, which is the headquarters.

“PTAD has offices in Yola, Awka, Maiduguri, Ibadan, Benin, Enugu, Kaduna, Kano, Lagos, Sokoto, Yobe, and now, Ilorin,” she said.

The PTAD boss encouraged pensioners who were yet to confirm their aliveness through the “I Am Alive” confirmation solution to do so.

“I continue to enjoin the pension union executives here to assist the directorate in spreading this information to their members.

“Our officers are also here and available to assist anyone who is having challenges confirming their aliveness. We have also come with a mobile team to visit infirm and bed-ridden pensioners to assist with their confirmation.

“To our prospective new enrollees, the legacy pensioners from the Federal Mortgage Finance Limited and the Federal Mortgage Bank whom we are presently verifying, I say welcome to PTAD. I want to assure and reassure you of PTAD’s commitment to your welfare.

“Finally, I would like to express our profound gratitude to the President of the Federal Republic of Nigeria, Bola Tinubu, for his commitment to the welfare of our pensioners through the timely, prompt, continuous and uninterrupted release of funds for the payment of monthly pensions and the continued liquidation of inherited pension liabilities,” she said.