Connect with us
>

Economy

Xenophobia: Nigeria Recalls Ambassador, pulls out of World Economic Summit, demands full compensation

Published

on

Xenophobia: Nigeria Recalls Ambassador, pulls out of World Economic Summit, demands full compensation

…As Tiwa, Basket-mouth cancel S’African engagements and FCT Minister begs against reprisals***

Federal Government’s patience over the continuing xenophobic attacks and killings of Nigerians waned on Wednesday as the Presidency recalled the Nigeria High Commissioner to South Africa, Amb. Kabiru Bala for consultation, even as the country also pulled out of the World Economic Forum on Africa holding in Capetown, South Africa.

A source close to the presidency confirmed the new development to newsmen in Abuja, on Wednesday, anchoring both decisions on xenophobic attacks against Nigerians in South Africa.

“Nigeria has also pulled out of the World Economic Forum on Africa in Capetown, South Africa, scheduled for Sept. 4 to Sept 6 over the xenophobic attacks’’, the source indicated, noting that Vice-President Yemi Osinbajo was billed to represent Nigeria at the forum, while the Democratic Republic of the Congo, Rwanda and Malawi had already pulled out of the event.

Presidents Paul Kagame (Rwanda), Felix Tshisekedi (DRC) and Peter Mutharika (Malawi) have all withdrawn from the event.

The source highlighted also, that Nigeria had also demanded for full compensation for the victims of the attacks, stressing that this was the outcome of President Muhammadu Buhari, Osinbajo and Foreign Affairs Minister, Geoffrey Onyeama, brainstorming session on the raging xenophobic attacks of Nigeria in South Africa.

Onyeama had on Tuesday during at a joint news briefing with the South African High Commissioner to Nigeria, Mr. Bobby Moroe, insisted: “In the first place, we must address the issue of compensation.

“There has to be accountability and there has to be responsibility for compensating all those Nigerians that have suffered loss and we are going to absolutely push forward.”

Buhari had on Sept. 3 dispatched a Special Envoy to convey to President Cyril Ramaphosa of South Africa his deep concerns over the unabated attacks on Nigerian citizens and property in South Africa since Aug. 29.

Also read:  XENOPHOBIA: Attacks on Nigerians in South Africa absolutely unacceptable –Osinbajo

Ironically, while the Nigerian authorities push for peaceful resolutions, the South Africans mob, under questionable responses of their Government had resumed fresh attacks, killing, looting and burning of businesses and properties belonging to Nigerians and other nationals and in the process raising the death tolls by five.

The President of the Nigeria Union South Africa, Mr Adetola Olubajo, said on Monday that the attacks began on Sunday morning in Jeppestown area of Johannesburg when a building was set ablaze by an angry mob.

“But the Police later dispersed the mob and made some arrest.

“Late in the evening of Sunday, Sept. 1, a group of violent locals suspected to be Zulu hostel dwellers besieged Jules Street in Malvern; Johannesburg looted and burned shops and businesses with Nigerians being the most victims.

In the meantime, reactions to the attacks continue to pour in, even as Superstar singer, Tiwa Savage pulled out of her upcoming performance in South Africa following the xenophobic attacks on Nigerians.

Tiwa, who was billed to perform at the DStv delicious festival on Sept. 21 announced that she was boycotting the show in protest.

“I refuse to watch the barbaric butchering of my people in SA. This is SICK”, she wrote on her twitter handle; just as comedian Bright Okpocha aka Basketmouth has also cancelled his appearance at the upcoming Comic Choice Awards in South Africa.

“I am not sure how and when we got here”, Basket mouth indicated via his Instagram page @basketmouth, stressing, “I won’t be attending the Comic Choice Awards this weekend in South Africa as scheduled”.

Meanwhile, the FCT Minister, Malam Muhammad Bello, on Wednesday cautioned residents not to retaliate by attacking South African nationals or their businesses.

Bello made the call in a statement issued by his Chief Press Secretary, Mr. Anthony Ogunleye, on Wednesday in Abuja.

“I’m appealing to the FCT residents most especially the students and youths not to carry out retaliatory attacks on South African Nationals in the FCT over the recent xenophobic attacks on Nigerians in South Africa.

“The Federal Government is already exploiting diplomatic channels to address the issue; therefore, residents should allow those efforts to succeed.

“Attacking or engaging in vandalism will ultimately have negative economic consequences for the Nigerian economy and employees of those organizations”, Bello said, assuring South African nationals of their safety in the territory.

 

 

Economy

Unstable Economy: UK Firm Presents Solutions To Nigerian Business Leaders

Published

on

SOAN Inaugurates New Leadership, Boosting Hopes Of Crushable Inflation

Nigerian business leaders are to benefit from the programme of United Kingdom-based leadership development organisation TEXEM UK on how to win despite the exodus of staff, very high inflation and turbulent operating landscape.

TEXEM’s Director of Special Projects, Caroline Lucas, said on the organisation’s website, www.texem.co.uk, that the programme with the theme “Strategies for Sustainable Organisational Success” is slated for April 24 and April 25 in Lagos.

According to Lucas, in today’s volatile and disruptive business landscape, organisations face numerous strategic challenges.

“TEXEM’s programme, “Strategies for Sustainable Organisational Success,” offers tailored solutions to address these pressing issues.

“Senior leaders grappling with skyrocketing costs, high currency risks, and disruptive technologies require practical insights and tools to navigate uncertainty effectively.

“This programme provides actionable strategies for sustainable success amidst turbulent times,” she said.

Lucas asserts that exceptional crisis management skills are essential in the face of staff exodus and geopolitical disruptions.

“TEXEM equips participants with the necessary leadership capabilities to lead through crises, ensuring organisational excellence even amidst adversity.

“Innovation becomes imperative in turbulent waters.

“TEXEM’s programme fosters a culture of innovation and provides guidance on harnessing adversity as a catalyst for profitable growth,” she said.

According to her, participants will learn to turn challenges into opportunities, driving sustained profitability.

Lucas said resilience and effective risk management are crucial in today’s volatile landscape.

She said through interactive sessions and case studies, TEXEM helps senior leaders develop unshakable qualities, enabling them to navigate uncertainty and confidently mitigate risks.

“Optimizing resource utilisation is paramount amidst soaring costs.

“TEXEM offers insights on managing resources efficiently, ensuring optimal impact even amidst cost pressures. Decisive problem-solving is paramount.

“TEXEM enhances participants’ decision-making capabilities through peer learning and observation practice, empowering them to make better decisions that drive organisational success,” Lucas said.

She said that beyond the curriculum, networking opportunities with industry peers enrich the learning experience, abound.

“Professional exchange provides valuable insights into different approaches to overcoming challenges, enhancing overall learning and impact.

“TEXEM’s programme aims to develop leadership strategies for optimum performance in an era of uncertainty.

“By helping participants understand how to manage and deploy resources more efficiently, it equips them with the skills needed to thrive in turbulent times,” Lucas said.

Saying that adversity is the mother of innovation, she added that TEXEM empowers individuals and organisations to thrive in volatile times, fostering innovation and sustained profitability.

“At the end of the programme, participants can expect to develop leadership skills for better decision-making and possess survival skills to navigate crises effectively.

“Through its comprehensive approach and proven methodology, TEXEM ensures participants unlock their potential, foster innovation, and drive sustained profitability in today’s challenging environment,” Lucas said.

Continue Reading

Economy

Sanwo-Olu Urges Use of Innovative Technologies in Solving Challenges

Published

on

Sanwo-Olu Urges Use of Innovative Technologies in Solving Challenges

Gov. Babajide Sanwo-Olu of Lagos State has called for the use of innovative technologies in resolving the economic and social challenges of the country.

Sanwo-Olu said this on Wednesday during the pioneer graduation of the Lateef Jakande Leadership Academy (LJLA) at Konga Place in Lekki.

He said that the new platform of globalisation and Internet of things must be significantly employed to resolve new challenges encountered in the course of improving the living standards of citizens.

30 students, 15 men and 15 women, between 18 and 35 years, graduated from the academy after a one-year course and mentorship in leadership.

The Lagos Leadership Summit (LLS) is a pivotal platform dedicated to empowering Nigeria’s young professionals with the skills and insights essential for success in various leadership roles.

With a focus on leadership excellence, ethical governance, and youth inclusion in governance, the summit offers a unique opportunity for participants to engage with renowned leaders and industry experts.

” You have to be able to innovate for us, you are here as leaders of not tomorrow but today. Proffer solutions that the government can use as a tool, to solve the challenges that we are facing today but more importantly to solve global issues.

“And that is why we started the Lateef Jakande Leadership Academy. For us as a government, we felt how well can we honour a man than for us in public sector to set up a cream of new leaders.

“So we set up this school that has the first set, the one-year fellowship, who indeed have not only shown us that we took the right step, they have been outstanding individuals,” the governor said.

The guest speaker and former governor of Lagos State, Babatunde Fashola, noted that it was important for followers to trust their leaders for a successful outcome.

“The people need to trust the government, they must know the capability of their leaders so that when issues beyond human expectations happen, the followers can show empathy to the plight of their leaders.

” I have always been an advocate that believes that the process is as important as the result, the end shouldn’t justify the means, the process is crucial, it serves as a blueprint for others coming behind,” he said.

Similarly, Dr Obafemi Hamzat, Deputy Governor, who spoke on “Leadership And Community Engagement”, stated that to achieve effective leadership in Nigeria, there was the need to navigate complex political, economic and social landscapes.

Hamzat urged the citizens to be involved in governance while stressing the need for collaborations with private stakeholders and the public sector.

According to him, community engagement with government at all levels is pivotal to the nation’s development.

In her address, Mrs Ayisat Agbaje-Okunade, LIJA’s Executive Secretary, noted that the challenges faced required leaders who are not only capable but compassionate, visionary, and adaptable.

According to her, leadership must transcend rhetoric and manifest tangible outcomes.

“We need leaders who inspire confidence, foster unity, and drive transformation.”

Agbaje-Okunade urged the participants to embrace the responsibility that comes with leadership and pave the way for a generation of new leaders.

The keynote speaker, Mr Abubakar Suleiman, Chief Executive Officer, Sterling Bank, said that leadership is about leading people on a new purposeful journey.

Suleiman said being a strategic thinker and a transformational leader was what makes leadership different from management, adding that the future is being crafted in leadership.

“In essence, as a leader, you must be able to lead people to the future hence, you must be convincing for people to be bold to follow you, able to trust and believe in you.

“For one to be a leader, the people must be able to believe and trust you to take them to the future where you have never been to,” he said.

Also speaking, Mr Tunbosun Alake, Commissioner, Innovation, Science and Technology, stressed that leadership had nothing to do with being young or old but having good values and character.

The commissioner advised the participants to pursue excellence in their various career paths to succeed in life.

Continue Reading

Economy

Eid-el-Fitr: Tinubu Urges Sacrifice, Integrity For National Rebirth

Published

on

Eid-el-Fitr: Tinubu urges sacrifice, integrity for national rebirth

 President Bola Tinubu has urged Nigerians to continue to make sacrifices and exhibit integrity for national development.

Tinubu said this after observing the Eid-el-Fitr prayer at the Eid Ground at Dodon Barracks on Wednesday in Lagos.

The President also called on Nigerians to continue to have faith in his government and remain patriotic citizens.

Tinubu said that the Renewed Hope Agenda of his administration, aimed at bringing prosperity to Nigerians, was being diligently implemented.

Encouraging Muslims to extend the values of sacrifice and resilience beyond the fasting period, Tinubu emphasised the need for Nigerians to prioritise the exhibition of love for their country.

‘’The resilience and sacrifice that we have shown and made during these months should be preserved.

“Be a kind and cheerful giver. We must love our country more than any other country because this is the only one we have.

‘’We must continue to protect the integrity of our government and leadership. The Renewed Hope Agenda is alive, well and fine, and Nigerians should continue to be very hopeful. Without hope, there is no salvation.

“Without hope, there is no development. Without hope, there is no life. Eid Mubarak,’’ the President said at the end of the prayers led by the Chief Imam of Lagos State, Sheikh Sulaiman Abou-Nolla.

Earlier in his sermon, the Chief Imam urged Nigerians to shun all acts of violence, ensure peaceful co-existence, and continue to have faith in the country.

He asked those in leadership positions to remain faithful to their oaths of office and work towards alleviating the suffering of the less privileged.

‘‘Let us not forget our brothers and sisters in Gaza and other areas of conflict,’’ the Chief Imam said.

He offered prayers of God’s guidance, wisdom, and protection for the President and the Lagos State government, as well as for peace and stability in the country.

Continue Reading

Advertisement

Editor’s Pick

Politics