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Harvard to spotlight Tony Elumelu Foundation as case study in curriculum

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In an unprecedented move, the Harvard Business School, the graduate business school of Harvard University, is set to cast the spotlight on the Tony Elumelu Foundation (TEF), recognising the Foundation’s extraordinary philanthropic achievement in a ground-breaking case study.

The case study, first of its kind on any philanthropic organisation in Africa, is to be launched on Thursday, February 29, 2024, before a class of graduate students in Boston, Massachusetts and will explore the Foundation’s unique approaches and transformative initiatives, showcasing how strategic philanthropy offered by TEF is driving positive change and elevating countries and communities.

This move by Harvard underscores the Foundation’s pivotal role in empowering young African entrepreneurs across all 54 African countries and places the Foundation at the forefront of global discussions on transformative and catalytic philanthropy, acknowledging its significant contributions towards fostering entrepreneurship in Africa.

In addition to delving into the foundation’s innovative approaches and the resultant impact it has garnered over the years, the event will also feature an exclusive acknowledgment of the Founder of TEF, Tony Elumelu’s economic philosophy of Africapitalism, which positions the private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the African continent.

The Tony Elumelu Foundation is the leading philanthropy, empowering a new generation of African entrepreneurs, driving poverty eradication, catalysing job creation across all 54 African countries, and increasing inclusive economic empowerment.

Since the launch of the TEF Entrepreneurship Programme in 2015, the Foundation has trained over 1.5 million young Africans on its digital hub, TEFConnect, and disbursed over USD$100 million in direct funding to 20,000 young African women and men, who have collectively created over 400,000 direct and indirect jobs.

Tony Elumelu who spoke on the impact of TEF on the African youth said, “TEF is creating economic hope and opportunity for African Entrepreneurs. We know that entrepreneurship is the antidote to poverty, youth unemployment and insecurity. Through the intervention of the Tony Elumelu Foundation, we are encouraging our young people, giving them hope through the seed capital we provide, capacitising them through the training and mentoring we provide and setting them up to create businesses that will succeed and create even more jobs. Collectively we are fixing the challenges that we have on the continent.”

Continuing, he said, “The Tony Elumelu Foundation was set up to create more successful African business leaders. We want to replicate our own success and create entrepreneurs who will build more prosperity on the continent and for the continent. It’s all about transforming our society and making sure that we leave the society better than we met it. It is not about the money that we have in our bank accounts, it is about the legacy that we make and the impact we create. Prosperity for all is what will create the security, harmony and peace that we need.”

The Harvard Business School session will provide a platform for thought leaders, scholars, and business enthusiasts to engage in a meaningful discussion on the role of philanthropy in shaping sustainable and inclusive economies. As the world grapples with complex challenges, the Tony Elumelu Foundation stands as a beacon of hope, showcasing how strategic philanthropy can be a driving force for positive change.

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FAAN: We are working on strategies, innovation to improve airport operations — Director

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The Federal Airports Authority of Nigeria (FAAN) on Monday said that it had charted strategies to bring about innovations and upgrades that would lead to improvement in airport operations and management.

Director, Public Affairs and Consumer Protection, FAAN, Mrs Obiageli Orah, said this  when she received the new executives of the League of Airport and Aviation Correspondents (LAAC) in Lagos.

Orah said FAAN had gone through changes with the upgrade in the Directorate of Public Affairs and Consumer Protection, creation of Special Duty and the Cargo Development Services, among others.

She said that the changes were all geared toward meeting global standards in the management of airports under FAAN.

According to her, the vision of President Bola Tinubu is encapsulated in the Renewed Hope Agenda.

She said that this underscored the vision of the Minister of Aviation and Aerospace Development, Mr Festus Keyamo (SAN), to create new directorates that would ensure that travellers are offered the best services across airports in the country.

“FAAN has gone through tremendous changes in the past few months.

“We have added some new directorates to the existing ones; I will start with my directorate which is public affairs and consumer protection.

“It is relatively a new one because we had corporate affairs but now christened public affairs and consumer protection.

“We also added a directorate of cargo development and services which deals with everything regarding cargo and hajj operations.

“We also have a special duty directorate, one I will describe as an interventionist directorate that helps the agency intervene in any situation as the case may be,” she said.

According to her, the authority’s Managing Director and other directors are all poised to ensure Nigerians get the best.

She commended the Minister’s vision for FAAN, noting that it would engender the desired growth and global competitiveness the industry strived to achieve.

Orah said that passengers passing through the airports deserved better, after paying taxes, buying tickets and all that.

“We feel and know that they deserve the best. So, that is why security, safety and comfort of all our passengers are paramount to our operations,” she said.

Orah also assured pilgrims that there would be changes in how FAAN handled hajj operations in the airports.

She said that a new system would be employed to ease movement of passengers and goods and address long queues that pilgrims experienced in the past.

The newly elected LAAC Chairman, Mr Suleiman Idris, who led the new team, pledged the support of the association in achieving the vision of the new administration.

He said that they would play their part in turning the fortunes of the country’s aviation industry around

Idris said that LAAC would continue to play its role in holding the leadership of the sector accountable to the people.

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NASENI, NIPSS to collaborate on enhancing digital economy, job creation

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The National Agency for Science and Engineering Infrastructure (NASENI) and the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Plateau State are set to collaborate on enhancing Nigeria’s digital economy footprints, empowering and creating jobs for millions of youths.

The Executive Vice Chairman and Chief Executive Officer (EVC/CEO),  NASENI, Mr. Khalil Suleiman Halilu, disclosed this while welcoming participants of the Senior Executive Course (SEC) 46 of NIPSS who were at the Agency on Strategic Institution Study tour on Monday, 15th April, 2024.

Halilu said he was elated that NASENI was identified as one of the federal government’s agencies that have all it takes to empower and create job opportunities for Nigerian youths, and make the country self-reliant in manufacturing and digital economy.

Halilu said strengthening the capacity of key stakeholders in Nigeria to access, adopt and scale up technologies is an essential outcome of such cooperation and collaborations currently being undertaken by the Agency and “must be supported by the relevant offline conditions, such as an enabling policy environment, access to finance, appropriate incentives and innovation capacities.”

The Director-General of NIPSS, Prof. Ayo Omotayo, who led the delegation, said Nigerian youths can be empowered through translation of NASENI innovations to finished products and to strengthen the collaboration between the two organisations.

According to him, various groups from the institute have been sent to different agencies to study how policies for national development can be developed, adding that the Group in NASENI will do a deep study on NASENI on how the Agency can help in creating job opportunities for Nigerian youths using some of its technological innovations.

He said, “Nigeria cannot have good manufacturing without infrastructures and NASENI is very important in all the sectors in the country, especially in manufacturing industries.

“We need an Agency like NASENI to live up to expectations, we can work together with you to find means of transferring your innovations to effective job creation and youth empowerment.”

He noted that the Course 46 participants from NIPSS wanted to know the vision, mission and roles of NASENI and how they can be translated to job creation for youths in a digital economy.

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FG unveils plans for inland waterways, coastal services

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By Seun Ibiyemi

The Federal Government, through the Ministry of Marine and Blue Economy, on Sunday, said that it would soon unveil its plans for the Inland Waterways and Coastal Services in the industry.

Its Minister, Mr Adegboyega Oyetola, was quoted to have disclosed this in a statement issued in Lagos by the Chief Executive Officer (CEO) of Zoe Maritime, Mrs Tosan Edodo-Moore.

The minister will unveil the plans at the forthcoming Maritime Business Roundtable Breakfast Meeting.

Edodo-Moore said that the federal government, through its Renewed Agenda, was committed to increasing the Gross Domestic Product (GDP) of the country, by increasing the revenue generated by the ministry.

“We are pleased to announce the Maritime Business Roundtable Breakfast Meeting (MBRBM) on Security and New Technologies in Inland Waterways Transportation, scheduled for April 18 in Lagos.

“The highlight of the meeting was the intervention of Madam Yan Yuqing, the Consul General of the People’s Republic of China.

“Yuqing will share the Sino-Nigeria Maritime Relationship and lessons to be learnt from China, which has the largest Inland Waterways Network in the World.

“Also, the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, will unveil the administration’s plans for Inland Waterways and Coastal Services.

“The subject will be dissected by a panel, comprising industry stakeholders, regulatory authorities and security agencies,” she said.

Edodo-Moore said that the panellists would include Mr Mohammed Bello-Koko, Managing Director, Nigerian Ports Authority (NPA) and Dr Dayo Mobereola, the Director General of Nigerian Maritime Administration and Safety Agency (NIMASA).

Others are Alhaji Munirudeen Oyebamiji, the Managing Director National Inland Waterways Authority, [NIWA] Lokoja and Mr Oluwadamilola Emmanuel, the General Manager of Lagos State Waterways Authority (LASWA).

It will also include Mr Oluseyi Oluyede, the Managing Director, Niger Benue Transport Co Ltd. and AIG Rhoda Olofu, the Maritime Police Command.

According to her, expected participants are port users, maritime stakeholders, government agencies, banks (with maritime desk), Insurance companies, ship-owners, boat operators, logistics companies, freight forwarders, Oil and Gas companies and foreign entities

Edodo-Moore said that the benefits of the Maritime Breakfast Roundtable include visibility, growth, networking, impartation and exchange of knowledge.

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