Rotary Club of Omole Golden installs Alih new president – Newstrends
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Rotary Club of Omole Golden installs Alih new president

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By Dada Jackson

It was an atmosphere of goodwill and funfare at the 17th installation of the president and induction of board members of the Rotary Club of Omole Golden in Lagos.

The ceremony witnessed the installation of Rotarian Alih Hassan Ogwu as the 17th President of the Club for 2020/2021, taking over the leadership from Rotarian Babajinmi Ajibola.

Allih who is a multiple Paul Harris fellow and a recipient of the Rotary Youth Leadership Award joined the Omole Rotary Club in 2014 and has served the club in various capacities including the Vice President in 2017/2018 Rotary year.

As a Corporate Member of the Nigerian Institute of Building (NIOB) and a registered builder with Council of Registered Builders of Nigeria (CORBON), Rotarian Alih is currently the Managing Director of Blarkcave Nigeria Limited, a Building and Civil Engineering Company in Lagos.

In his acceptance speech, the new President acknowledged the share dedication and commitment of past Presidents of the club, stating that their labour for humanity will remain memorial.

“The Presidency of our club has passed through the hands of men and women who through dedication and selflessness have kept the club alive. Without them there will be no Omole Golden”, he said.

He said though the year has thrown at human race an unprecedented challenge, Rotary is proud of the feat achieved so far and as people of action and volunteers they will do more to bridge the gap between all the negative things that tend to retard human progress.

While maintaining that the club will continue to build on the foundation laid by its leaders, the President revealed that within the Rotary year, the club has executed several projects in line with the Club’s 6 focus areas some of which were carried out with international partners in conjunction with Rotary 9110.

According to him, one of the projects that is dear to the heart of Rotary Club of Omole is the completion of neonatal clinic at Ifako Ijaiye General Hospital because it has to do with giving people the opportunity to live again. Our commitment with international partners through the global grant to ensure high-tech modern equipment are provided for the centre will give premature babies the opportunity to survive.

“We want to do more on water sanitation, we want to do more on in economic development and empowerment of our people, we want to do more in basic education and literacy, we want to do more on maternal and child health, we want to do more on in peace and conflict prevention, we want to do more in all areas of rotary focus”, Rotarian Alih disclosed.

Speaking on the theme of the year “Rotary opening doors of opportunities”, Rotarian Alih explained that the theme means an opportunity for Rotarians to step up humanitarian works by scanning through the needs of communities and in little ways offer a helping hand to bring relief to most of their needs.

“To those that need our help, the theme will mean different thing based on their need. To parent of a premature baby, it will be an open door to survival and to those who need portable drinking water, it will be an opportunity for a running tap in their community. I hereby call on men and women of high integrity and humanitarian spirit to join the Club”, he stated.

Earlier in his address, the Outgoing President of Rotary Club of Omole Golden, Rotarian Babajinmi Ajibola explained that the club has been able to connect the world in spite of the numerous challenges that faces humanity in recent times.

He pointed out that some of the significant project which the Club were able to execute in the past year include the donation of ICT lab at Ojodu Grammar School, donation of water borehole to Yakoyo Community, donation of a phototherapy machine along with incubator to Ifako Ijaiye General Hospital, peace and conflict resolution in partner with Area F Police Command and Micro Credit empowerment for 15 persons.

“Having connected the world in our year, let me specially welcome you all to the a new dawn of “Rotary Opens Opportunities” as we continue to support our philanthropic mission”, he stated.

The Chairman of the occasion, the Executive Director, Business Development and Operations, Global Accelerex Ltd, Mr. Olukayode Ariyo described the theme of the year as a symbolism of the present reality of the new normal.

According to him, this theme strengthens the ideals of the noble organisation by creating opportunities for a better world and uplifting the hope of the common people in the society.

“We must continue to use our strength for global support in creating changes needed in our community. fighting diseases, projecting peace and conflict resolution, improving education and literacy and above all, building bridges for socio-economic development.

The Executive Secretary, Lagos State Employment Trust Fund (LSETF), Mrs. Teju Abisoye who spoke on the recovery programmes of the Lagos State Government for SMEs affirmed that government has activated a bouquet of recovery program to cushion the effect of the pandemic on SMEs across the State.

While highlighting several collaborative efforts which Government has instituted to support SMEs in order to survive the climate, the Executive Secretary revealed that the SMEs are a critical engine for the State economy and the recovery process entails providing access to affordable finance at a single-digit interest rate, enhancing capacity building, fostering market linkages and leveraging business expansion opportunities for SMEs.

“Our economic responses to the COVID-19 pandemic have included an array of measures to help people and businesses. The overreaching goal is to provide SMEs with critical support in the immediate term and offer them affordable access to financing”, she added.

Teju emphasised that business owners particularly SMEs should take advantage of these array of intervention programmes like the N5 billion post-COVID-19 economic recovery support for MSMEs, the LSETF W-Initiative, the five billion naira support fund for 2,000 low-cost private schools in the state, and visit the LSETF website to apply.

The occasion which witnessed the presentation of award to the General Manager, Lagos State Public Works Corporation (LSPWC), Engr. Olufemi Daramola for his outstanding and selfless contribution to the service of humanity, also saw the launching of the Club’s project and induction of new members to the club.

The occasion was graced by the District Governor, represented by his Assistant, Mr. Okechukwu Uche-Ukah, Past Presidents of the Club and Rotarians across District 9110.

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Business

Food price, transport fare hike push Nigeria’s inflation to 33.88% 

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Food price, transport fare hike push Nigeria’s inflation to 33.88% 

Rising cost of living based on the increase in food prices and transport fares among others has reflected in the latest inflation figures in Nigeria, put at 33.88 per cent.

Nigeria’s headline inflation rate rose to 33.88 per cent in October 2024, up from 32.7 per cent in September 2024, according to the National Bureau of Statistics (NBS) Consumer Price Index (CPI) report released on Friday.

Newstrends.ng observes that the Central Bank of Nigeria (CBN) has raised interest rates five times this year in an effort to rein in inflation.

The NBS in its latest report attributed the rise in inflation to increased transportation costs and higher food prices.

On a year-on-year basis, the rate was 6.55 percentage points higher than the 27.33 per cent recorded in October 2023, highlighting a substantial increase in inflation over the past year.

On a month-on-month basis, the headline inflation rate in October 2024 stood at 2.64 per cent, representing a 0.12 per cent increase from the 2.52 per cent recorded in September 2024

This indicates that the rate of increase in the average price level in October 2024 was higher than the rate of increase observed in September 2024.

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Aviation

Disaster averted as bird strike hits Abuja-Lagos Air Peace flight 

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Disaster averted as bird strike hits Abuja-Lagos Air Peace flight 

 

An Abuja-Lagos flight was on Thursday aborted following a bird strike on the airplane belonging to Air Peace, forcing the authorities to ground the aircraft.

The bird strike experienced in the early hours reportedly prompted a ramp return to ensure the safety of passengers onboard.

All the passengers quickly disembarked and were calmed down before they were moved into another plane for the one-hour journey.

A bird strike is a collision between a bird and an aircraft, or other airborne animal, while the aircraft is in flight, taking off, or landing. And it can be a significant threat to aircraft safety.

Air Peace in a statement by its Head of Corporate Communications, Ejike Ndiulo, said the bird strike occurred at 6:30am, and all passengers disembarked normally.

The statement read, “We wish to inform our esteemed passengers that our Abuja- Lagos 06:30 flight experienced a bird strike before take-off, prompting a ramp return as a safety measure. All passengers disembarked normally.

“We have deployed a replacement aircraft for the affected flight in order to minimize disruptions, thus ensuring that passengers continue their journeys promptly.

“We appeal for the understanding of our valued passengers impacted by this development, as well as those on other flights that may experience delays.

“At Air Peace, we are committed to providing safe, comfortable, and reliable air travel for all our passengers.”

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Business

NNPC achieves 1.8mbpd crude oil production

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NNPC achieves 1.8mbpd crude oil production

The Nigerian National Petroleum Company Limited (NNPC Ltd) and its partners have revved up crude oil and gas production to 1.8million barrels per day (mbpd) and 7.4standard cubic feet per day (scfd).

The company which announced this at a press briefing said the feat was achieved in compliance with the mandate of President Bola Ahmed Tinubu.

Speaking on the development, the Group Chief Executive Officer, Mr. Mele Kyari, congratulated the Production War Room Team that anchored the production recovery process.

“The team has done a great job in driving this project of not just production recovery but also escalating production to expected levels that are in the short and long terms acceptable to our shareholders based on the mandates that we
have from the President, the Honourable Minister, and the Board,” Kyari explained.

Giving details of the efforts of the Production War Room, the Chief War Room Coordinator and Senior Business Adviser to the Group Chief Executive Officer, Mr. Lawal Musa, disclosed that the feat was achieved through the collaborative efforts of Joint Venture and Production Sharing Contract partners, the Office of the National Security Adviser, as well as government and private security agencies.

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He said the interventions that led to the recovery of production cut across every segment of the production chain with security agencies closely monitoring the pipelines.
He stressed that when the Production War Room team was inaugurated on 25th June 2024, production was at 1.430mbpd, but the team swung into action, culminating into sustaining the production recovery to 1.7mbpd in August and hitting the current 1.808mbpd in November.
“We are confident that with this same momentum and with the active collaboration of all stakeholders, especially on the security front, we can see the possibility of getting to 2mbpd by the end of the year,” he stated.
Also speaking on the development, Chairman of the NNPC Ltd Board of Directors, Chief Pius Akinyelure, who also congratulated the team, said he was happy to be part of the production recovery process, adding: “today, I will leave this place with my heart full of joy”.

He charged the Company’s Management to come up with a cashflow projection based on the new production figures to facilitate planning, stressing that he was looking forward to further production increase to 3mbpd.

On his part, the Honourable Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, expressed satisfaction with the performance of the team and pledged the Federal Government’s support for the company to do more.

 

NNPC achieves 1.8mbpd crude oil production

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