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Dangote Optimistic On Nigeria’s Economic Growth, Says Recession Will End 1st Quarter Of 2017.

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Mr. Aliko Dangote, President Dangote groups, is optimistic that the Nigeria economy will take a complete U-turn out of the recession by the first quarter of 2017, if the government could get its priorities right and implement the right policies. He added that the government will need $20billion, fresh funds to revive the economy from recession.

He emphasized the need for government to address foreign exchange challenges if it wants private sector operators to increase their stakes in the diversification agenda. According to him, diversification from oil cannot be achieved if there is little or no foreign exchange available for private sector operators.

Besides, Dangote has unveiled plans to invest in dairy business to address dependence on import in the sector.According to him, 98 per cent of the country’s demand for dairy products is being imported, stressing that plans are on to turn around the nation’s milk industry over the next three years.

“We are already discussing ‎with the Central Bank of Nigeria (CBN) to kick-start this project. We believe we can do a lot to bridge the importation gap by developing local production of this product because we have the competitive and comparative advantages.”

He spoke during a courtesy visit by the Executive MBA students of the Lagos Business School (LBS) to his refinery in Lagos.Dangote who expressed optimism that the country would get out of the current precarious state, however, argued that this could only be achieved if the right support would be given to the Organised Private Sector (OPS) through adequate foreign exchange supply, infrastructural development as well as consistent and favourable economic policies.

“Nigeria has what it takes to be great again. I believe so much in the Nigerian economy and if the right things are done, we should get out of the economic recession by first quarter in 2017. The private sector is huge and I think we will get out of the recession ‎as soon as possible,” he said.

In his presentation tagged the “Role of business in driving sustainable development in Africa – The story of Dangote group,” he said the group had grown from a commodity trading company to a more diversified conglomerate over the last two decades.

The businessman added that the group’s operation was underpinned by five key pillars which are to provide basic needs, substitute imports and earn foreign exchange from exports, execute efficiently new plants and technologies, operate effectively by entering new markets with highest quality products, entering into strategic partnerships and investing in human capacity ‎development.

“We are top 10 in Africa and top 400 globally. We are globally competitive, growing local capacity, manufacturing quality products, rapidly transforming ‎from a Nigerian company to a dominant African brand and our revenues and profitability have continued to grow,” he said.

Source: guardian.ng

AFRICAN

Ghana Leads The Front At The WAEC Excellence Awards

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Ghana Leads The Front At The WAEC Excellence Awards | fab.ng

Ghana dominated the West African Examinations Council’s (WAEC) recent International Excellence Awards for the West African Senior School Certificate Examination (WASSCE). All three top awards went to Ghanaian students in a ceremony held last Tuesday at the Council Meeting in Freetown, Sierra Leone.

The outstanding young men hail from St. James Seminary Senior High School. Two of the awardees are proud alumni of St. James Seminary, further solidifying the school’s academic excellence. A total of 2,327,342 students from the five WAEC member countries participated in the 2023 WASSCE, making this Ghanaian achievement even more impressive.

The ceremony itself was a moment of national pride. Ghana’s Director-General of the Ghana Education Service (GES), Dr. Eric Nkansah, congratulated the winners for their exceptional performances. He highlighted their consistent success, mentioning that Ghana claimed two out of the top three spots last year and achieved a clean sweep this year.

Meet the Ghanaian heroes:

  • Amo-Kodieh Leonard Kofi Marton (St. James Seminary)
  • Dzandu Selorm (Labone Senior High School)
  • Daniel Asenso-Gyambibi (St. James Seminary)

Ghana's performance in WAEC Excellence Award testament to Akufo-Addo's legacy, says Adutwum - Asaase Radio

Mr. Amo-Kodieh beamed with pride as he addressed the crowd, expressing his immense honor at being named the overall best student of the 2023 WASSCE. He attributed his success to his dedication to academic excellence. Throughout his journey, he actively pushed his intellectual boundaries, embraced challenges, and thrived in dynamic learning environments.

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Mr. Amo-Kodieh acknowledged the government and all stakeholders who played a crucial role in his achievement. “Their immense support,” he declared, “was instrumental in turning this path to success into a reality.”

Extending his appreciation further, Mr. Amo-Kodieh spoke on behalf of all awardees at the (WAEC) Excellence Awards. “We are incredibly grateful,” he emphasized, “to the government, the GES, the Ministry of Education, the WAEC, and especially our families. Each of you played an indispensable part in shaping our education.”

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MOVIES

Onyeka Onwenu Set To Chronicle Her Music Journey In Upcoming Film

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Onyeka Onwenu To Chronicle Her Music Journey In Film | Fab.ng

Nigerian veteran musician Onyeka Onwenu is making a movie about her long music career! She recently told the News Agency of Nigeria that the film will cover her decades of experience in the music industry. Onwenu is known as the “elegant stallion.” She started her career in the 1970s and is excited to share her perspective on how Nigerian music has changed over the years.

Onwenu said,

“I am currently working on a film that will chronicle my experiences in the music industry from the 70s to the present day. Having been a part of this narrative for decades, I have a wealth of stories to share.”

Onyeka Onwenu also has another exciting project in the works! She plans to release a compilation of her classic songs with a fresh twist—collaborations with up-and-coming artists. This means fans can look forward to both a movie and a new music collection from her later this year.

“I am rebranding my old songs and collaborating with new talents. My aim is to offer listeners a fresh perspective on timeless classics,” she explained.

Onyeka Onwenu is a woman of many talents! Besides working on the movie and music project, she recently released a new single called “Abu Otito” (Songs of Praise). This song has a special meaning: Onwenu is donating the money earned from streams of the song to the Rose of Sharon Foundation, which helps widows.

“I am passionate about using music to address social issues. From supporting widows to promoting education among rural children, I strive to make a positive impact through my art.”

Onyeka Onwenu’s generosity extends beyond music. She’s passionate about helping others, especially children. Onwenu has already set up programmes to provide educational opportunities for underprivileged kids in Abia State. And she’s not stopping there; she plans to expand these initiatives to Imo State as well.

“We not only pay school fees directly to schools but also offer civic education to instill a sense of cultural identity. These efforts represent my dedication to empowering future generations,” the musician noted.

Onyeka Onwenu also has some advice for other musicians. She says they need to be persistent and take charge of their careers, especially during tough economic times.

“Hang in there and create opportunities for yourselves,” she urged, highlighting the need for proactive approaches in navigating the ever-evolving music industry landscape.

Onyeka Onwenu’s work in music, film, philanthropy, and education makes her a true role model for future generations.

“I have been part of the story right from time, and I am still moving forward, so I have a lot of stories to tell,” she remarked.

Onyeka Onwenu is giving her fans a double treat this year! Besides working on a new movie, she’s also releasing a collection of her classic hits with a modern twist—collaborations with up-and-coming artists.

Onwenu’s music has always been about more than entertainment. She’s used her powerful voice to promote Nigerian culture and social issues. Remember the evergreen duet “Wait for Me” with King Sunny Ade? It tackled population control, a relevant message even today.

Another one of her classics, “African Woman,” celebrates the strength and beauty of African women facing challenges. Songs like “Sodom and Gomorrah” explore biblical themes, while others like “Iyogogo,” “One Love,” “Dancing in the Sun,” and “Choices” cover a range of topics that continue to resonate with fans.

Check out more news updates here.

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MOVIES

Zack Orji Is Alive – AGN President Shuts Death Rumours

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Zack Orji: AGN President Confirms He Is Alive | Fab.ng

Rumours are going around that Nollywood actor Zack Orji has passed away. But that’s not true. The president of the Actors Guild of Nigeria, Emeka Rollas, said on his Instagram page on Tuesday, March 26th, 2024, that these rumours are false. He asked people to stop spreading this misinformation.

His post read,

“Mr Zack Orji is alive 💯💯💯💯💯💯Please ignore mischief makers who enjoy circulating fake news. This is to show how wicked some people can be. It is totally unacceptable. He will not die but live to declare the good works of God in Jesus’ name.”

 

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A post shared by Emeka Rollas Ejezie (@emekarollas)

A concerned commenter said,

“Thanks a lot for the update sir. I don’t know why some people prefer to disseminate unconfirmed information. May he not die. Wish him a quick recovery.” 

In December 2023, the public learned about the actor’s health struggles, leading to concern among his fans. On December 31st, he collapsed in his home’s toilet and was quickly taken to the hospital.

He was admitted to the Intensive Care Unit (ICU) for further treatment due to the severity of his condition. Reports indicated that he couldn’t speak or walk at that time. Fans became even more worried when a video surfaced showing the actor in a hospital bed.

During his recovery, he received visits from prominent figures including the First Lady Oluremi Tinubu, the Vice President’s wife Hajia Nana Shettima, the Minister of Women Affairs and Social Development, Uju Kennedy-Ohanenye, the wife of the Minister for Works, Rachael Umahi, and the wife of the Minister of State for Defence, Bello Matawalle, among others.

In January 2024, there was relief among Nigerians as reports confirmed the actor’s recovery at a private hospital in Abuja following brain surgery.

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