Business
Rotary Club of Omole Golden installs Alih new president


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.
Business
C’River ‘ll become largest cocoa producer in Nigeria soon – CFAN President


C’River ‘ll become largest cocoa producer in Nigeria soon – CFAN President
NATIONAL President of Cocoa Farmers Association of Nigeria (CFAN), Mr Adeola Adegoke, has said that Cross River will soon become the largest producer of cocoa in Nigeria.
Adegoke stated this at the inauguration of the Executive Committee of CFAN in Cross River’s, on Friday in Calabar.
According to him, Ondo State is presently known to be the largest producer of the crop in the country.
He said that the average age of a cocoa farmer in the state was between 55 and 60, describing this as an ageing population.
Adegoke said that Cross River had the potential in massive land and forest for cocoa farming, coupled with the youthful population cultivating the crop in the state.
Though the CFAN national president acknowledged the potentials, he, however, said that the state had to tap into them to succeed, as cocoa alone could run the state’s economy effectively.
“Enough of talking about cocoa estates established by the old Eastern Region. We need to start establishing new estates now.
“We want to see nothing less than 1,000 hectares of new cocoa estates established by the state.
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“Enough of export of raw cocoa beans. We need to start adding value and coming up with cocoa wines, biscuits, sweets and soaps that we can consume and export.
“We cannot prosper by just exporting raw cocoa beans. It is, therefore, important for the state government to be deliberate in infrastructural development in cocoa farming communities,’’ he said.
Adegoke also stressed the need for extension services in the state through innovation.
He urged CFAN members to repay the loans they collected from government and also pay their annual dues to the association.
The CFAN national president disclosed that in 2024, the Third Cocoa Festival would be held in Calabar.
On his part, Gov. Bassey Otu, represented by Secretary to the State Government, Prof. Anthony Owan-Enoh, said that the state would do all within its powers to ensure that cocoa farmers got all the necessary inputs.
According to him, the state has been shortchanged for so long because it produces cocoa but doesn’t get the necessary recognition.
“Others come to the state to buy their cocoa but at the end, it is not counted for Cross River as the producing state.
“Going forward, Cross River will produce, sell and export, because we have the capacity and the farmers will get maximum yields for their investments.
“I will have a private meeting with the newly-inaugurated chairman of CFAN in the state, where he will table the concerns of the farmers so we can chart a new course for the sector,” he said.
In his remarks, the new CFAN chairman, Dr Ramsey Tiku, said that cocoa remained the mainstay of the state’s econony.
According to him, if cocoa development is relegated, the state will be relegating the development of its people.
Tiku said that CFAN would partner with different groups and ministries to create an action plan that would add value to cocoa production in the state.
While thanking members of the association for the confidence reposed in him, he stressed the need for them to start looking at the regeneration of cocoa estates in the state and how to generate data for farmers.
C’River ‘ll become largest cocoa producer in Nigeria soon – CFAN President
(NAN)
Business
Excitement as Dangote refinery welcomes first crude oil shipment


Excitement as Dangote refinery welcomes first crude oil shipment
Excitement rippled through the air as the Dangote refinery marked a significant milestone by receiving its first shipment of crude oil, heralding the commencement of operations for the eagerly anticipated $20 billion plant.
The OTIS tanker, carrying a cargo of 950,000 barrels of Nigeria’s Agbami crude, set sail on December 6 and is en route to Lekki, the closest land port to Dangote’s offshore crude receiving terminal. This shipment, chartered by the Nigerian National Petroleum Company (NNPC), signifies the initiation of crude supplies for the refinery’s operations.
The tanker’s estimated arrival on Thursday, December 7, at 8 pm marked the beginning of a new era for the Dangote refinery, which former President Muhammadu Buhari officially commissioned in May. The excitement was palpable as the refinery gears up to contribute to Nigeria’s oil industry.
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The NNPC, holding a 20% stake in the refinery, agreed to supply 6 million barrels of crude oil as feedstock to jumpstart Dangote’s operations. The first shipment is a symbol of this initial supply.
Agbami, operated by Chevron, is a major deepwater development in Nigeria’s central Niger Delta, producing approximately 100,000 barrels per day of light sweet crude. The refinery is designed to process multiple crudes concurrently, with plans to handle three Nigerian crude grades—Escravos, Bonny Light, and Forcados.
As the ship approached the Lekki Anchorage area in Lagos, an insider from Dangote revealed that preparations were in place to receive the shipment. Following regulatory clearances, the refinery’s management is set to commence the process of barging the crude, with ceremonies planned to commemorate this historic event.
Jasper Nwachukwu, an oil and gas expert, emphasized the significance of ensuring sustainable domestic supply to the refinery for maximum benefit to Nigeria. He suggested that as an oil-producing nation, Nigeria should be the direct supplier to the Dangote refinery. The commencement of operations is not only a momentous event for Dangote but also a positive development for the Nigerian oil industry.
Excitement as Dangote refinery welcomes first crude oil shipment
Railway
Lagos-Ibadan rail to get three more trains as NRC opens two new stations


Lagos-Ibadan rail to get four more trains as NRC opens two new stations
The Nigerian Railway Corporation will soon increase the daily train trips on the Lagos-Ibadan standard gauge rail line from two to six.
Railway District Manager (RDM) for Lagos, Augustine Arisa, an engineer, disclosed this in an interview with some select journalists including NewsTrends reporter.
He said four more trains, two each from Lagos and Ibadan, would be added as soon as ongoing work on the telecommunication facility was completed. The facility will ensure smooth communication and between the train driver and the control tower.
Arisa spoke just as the corporation has opened for operation two recently completed train stations along the route, Ijoko and Papalanto.
The RDM said, “We currently run two return trips on Lagos-Ibadan standard gauge line. I want to run six trains daily when the telecommunication facility is fully ready.
“I also want to move more containers from the port. This will no doubt positively affect the prices of goods in the market.
“It’s a lot of trailers that will be taken off the road. In the long run, it makes the products being carried cheaper for the final consumers/ buyers
“The double issue of accumulated demurrage and port congestion will also be solved with the evacuation of cargoes by rail. It saves the importer the cost of demurrage and ultimately makes the goods cheaper.”
He also spoke on the measure being taken to reduce the cost of moving containerised goods from Apapa port, Lagos, to Ibadan, Oyo State, following complaints by importers and customs agents.
Already, he said the Managing Director of the NRC, Fidet Okhiria, (an engineer), had set up a committee to review the container haulage rate in order to make it competitive and attractive to more people.
He said, “When the issue came to us, the MD immediately called a meeting and set up a committee to review the situation.
“All over the world, people complain of double handling.”
“On the complaint, we are expecting the report of the committee for a possible downward review of the freight rate,” Arisa added.
Meanwhile, the corporation has officially inaugurated the Ijoko and Papalanto train stations.
The report of the opening was obtained by NewsTrends from the NRC website on Tuesday.
This is therefore good news for people hoping to board or drop the train at these stations.
Before now, the train only stopped at Agege, Abeokuta and Omi Adio after taking off from Mobolaji Johnson Station in Lagos or Obafemi Awolowo Station in Ibadan.
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