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Imo State University confers UBA GMD/CEO, Oliver Alawuba, with Doctorate Degree

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For his immense contributions to the growth of banking and finance in Nigeria and across Africa, the Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba, was on Saturday, conferred with an Honorary Doctorate Degree in Banking and Finance by the Imo State University (IMSU) Owerri, Nigeria.

Alawuba was honoured during the school’s 8th Convocation Ceremony, an event witnessed by the Executive Governor of Imo State, Senator Hope Uzodinma. Also in attendance were the former Governor of the State, Dr. Rochas Okorocha, the University’s Pro-Chancellor, Chief Sir, Ernest Nwapa; Vice-Chancellor Professor U.U. Chukwumaeze, Vice-chancellors from various tertiary institutions in Nigeria, captains of industries and a host stakeholders.

Whilst congratulating Alawuba, the Vice Chancellor, Professor U.U. Chukwumaeze pointed out that the conferment is in recognition of Alawuba’s contribution to redefining Public Sector Banking in Nigeria and across Africa.

“The honour is in recognition of your numerous contributions to the financial sector in Nigeria and Africa and as one of the major drivers who contributed to taking modern banking to all state capitals and major cities in Nigeria where hitherto most banks primarily concentrated on the major commercial centres of the country,” Professor Chukwumaeze stated.

Speaking after receiving the recognition, Alawuba expressed his appreciation to the leadership of the University for the honour extended to him, just as he attributed his success to God and hard work. He took time out to encourage the students to stay focused and diligent  whilst congratulating other fellow awardees.

Alawuba said, “I am grateful to the management of IMSU for the honour and recognition, and I want to thank the amiable Governor, the VC and other top executives of this great institution for the honour that you have shown me today. I promise that I will continue to do my best to make this school and indeed the indigenes of this great state proud. I also seize this opportunity to advise the young ones to be focused and put their best in their studies, so that one day they will also be recognised globally.”

Other awardees of the honorary Doctorate Degree include the former Governor of Anambra State, Her Excellency, Dame (Dr) Virgy Ngozi Etiaba; Chief Chika Emenike, CEO of Tummy Tummy Noodles, Chitec Motors Limited, and Kotec Group of Companies; and Engr Simbi Wabote, Executive Secretary, Nigerian Content Development and Monitoring Board, NCDMB.

Alawuba who emerged the best graduating student in Food and Technology from the Abia State University, is the recipient of multiple awards from humanitarian organisations, and is also a member of several organisations and sports club. He is married to an Associate Professor Dr. Mrs Nkeirula Oly-Alawuba and they are blessed with seven children.

Alawuba  is a seasoned banking professional with over 25 years of work experience. He has a broad range of strategic and well-grounded experience in Corporate and Institutional Banking, Consumer Banking, Public Sector, Retail and Commercial Banking, Project Management, Corporate Governance, and overall bank management.

Prior to his appointment as the Group Managing Director/CEO of UBA Group, overseeing the group’s banking operations across its 20 subsidiaries in Africa and globally in the United Kingdom, the United States of America, France, and the United Arab Emirates, Alawuba was at various times country CEO and Regional CEO of UBA’s Rest of Africa operations.

Oliver holds B.Sc. and M.Sc. degrees in Food Science and Technology and an MBA in Banking and Finance. He is an alumnus of the AMP and SEP programmes of the prestigious INSEAD Business School, France and the London Business School respectively. He is also a Fellow of the Nigerian Institute of Management (NIM) and an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria (CIBN).

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Minister tasks NDC participants on principles of cooperation, diversity

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The Minister of Foreign Affairs, Amb. Yusuf Tuggar, has challenged the participants of the National Defence College (NDC) Course 32, to reaffirm commitment to upholding the principles of cooperation, tolerance and respect for diversity.

Tuggar, who was represented by Amb. Tiwatope Elias-Fatile, made the call at the NDC International Day organised for allied participants of Course 32, on Saturday in Abuja.

He said the event was organised by the college to foster the existing cordial relationship between Nigeria and the countries of all international participants on the course through showcasing of different cultural heritage

”I also understand that variety of foods from different countries will be served at this event,” he said.

The minister commended the college for the increase in the number of foreign participants

He said that NDC environment had become a diplomatic hub of a sort and not only an academic institution and I think this is highly commendable.

According to him, NDC has provided a platform for them to come together, share their heritage and strengthen the bonds as they appreciate the artifacts, cuisine, traditional dresses and music on display.

“Today, as we celebrate International Day for international participants, let us reaffirm our commitment to upholding the principles of cooperation, tolerance and respect for diversity.

“Let us embrace the notion that our differences are a source of strength, not division, and that by working together, we can overcome even the most formidable of challenges.

“Let us recognise that cultural diversity is a strength, not a weakness.

“For us in Nigeria, we have success stories of how our different cultures have brought us together and make us very strong in a world where division and conflicts often dominate the headlines,” he said.

According to him, this event reminds us that our shared humanity is greater than our differences.

“Let us continue to build bridges of understanding, foster dialogue and promote peace.

”We should strive to create a world where diversity is cherished and inclusivity is the norm,” he said.

Tuggar challenged participants from the 19 countries to continue to be ambassadors and representatives of their nations

He added that their stories, traditions and customs were the bridges that connect them with each other.

In his address of welcome, the Commandant of the College, Rear Adm. Olumuyiwa Olotu, said the International Cultural Fiesta was a routine part of the NDC’s academic programme.

Olotu said said the event culminated the Country Briefs by the international participants where the history and culture of their peoples were highlighted, showing similarities with Nigeria.

He said the briefs by the international participants also highlighted government policies on the economy, security and development in heir respective countries.

According to him, the participants display the culture, artefacts, maps and culinary specialities of their countries during this event.

“This tradition is to foster and deepen the existing cordial relationship between Nigeria and all the countries here represented by our dear international participants.

“This is in addition to the need to strengthen the bond, friendship and comradeship amongst participants.

“In a nutshell, it is a pleasant event that brings joy to the entire college community and today we have participants of NDC Course 32 to do us the honours.

“It is also a family gathering and an avenue for us to take a break from academic work and unwind in a relaxed atmosphere,” he said.

The Commandant said the 2024 edition had participants from 19 countries and Nigeria which  include; the Republic of Benin, Botswana, Brazil, Chad, Congo, Cote d’ Ivoire the Gambia, Germany and Ghana.

Others according to him, are; India Liberia, Mali, Nepal, Senegal, Sierra Leone, South Africa, Tanzania, Zambia as well as Zimbabwe.

The Representative of the Diplomatic Corps, Mr Tunde Spencer, from Liberia, said the college had contributed immensely to various aspects of Liberia’s national development.

He commended NDC for the initiative to promote cultural diversity, foster understanding and cultural exchange  among the participants.

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NYSC Trust Fund Bill will create job opportunities for graduates – Senate

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The Chairman, Senate Committee on Youth and Community Engagement, Sen. Yemi Adaramodu, (APC Ekiti South), said that the recently passed National Youths Service Corps (NYSC) Trust Fund Bill would provide jobs for graduates.

Adaramodu disclosed this when he led a delegation of the committee on official visit to Oyo State NYSC Orientation Camp at Iseyin on Saturday.

He said that the bill would soon be sent to the President for assent and had scaled through both first, second reading and other crucibles of legislation.

The lawmaker said that the provision of the Bill was basically to ensure that corps members get established through the training they had acquired through NYSC Skill Acquisition and Entrepreneurship Development (SAED) programme.

He added that the provision of the Bill also cater for corps members who might wish to go into business after their service year.

“The issue of unemployment and what next for corps members after the service year will be a thing of the past soon.

“The bill will ensure that the dreams of every Nigeria graduate become a reality, “he said.

Adaramodu disclosed that the Senate, in collaboration with relevant government departments, agencies and other stakeholders, would soon work on the upward review of corps members’ allowances across the country.

He said that the Senate, in its legislative agenda, would also consider other youth development programmes aside from those embedded in the NYSC trust fund Bill.

Also speaking, the Oyo State NYSC Coordinator, Mr Abel Odoba, said that NYSC SAED training aimed to empower corps members to consider the possibilities of self-employment or initiating their own businesses.

Odoba noted that the NYSC trust fund Bill would practically eradicate unemployment among graduate youths in Nigeria.

He said that statistics have shown that many corps members who actively engaged in SAED programmes have become employers of labour after their service year.

“The Bill will provide soft landing for corps members who have undergone SAED in securing startup funds.

“Through the trust fund, skilled corps members will be given startup grants so that they will become employers of labour and contribute to development of the nation.

“Country like China and other fast developing nations are exploring skills development to address unemployment.

“A time is coming that certificate will no longer be useful but skills acquired will always make way at all times, “he said.

The News Agency Nigeria(NAN) reports that members of the Senate delegation include Sen. Salisu Afolabi (APC Ogun Central), Sen. Aminu Abbas(PDP Adamawa Central), the clerk – Mrs Ijeoma Chikwem and other principal officers of senate youth development committee.

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Power: Amukpe substation to experience power outage for 2 weeks – TCN

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The Transmission Company of Nigeria (TCN), on Saturday in Benin said that there would be power outage in its Amukpe substation for two weeks.

This is according to a statement signed by the General Manager, Public Affairs TCN Ndidi Mbah.

Mbah said the disruption would begin on May 4 and last till May 17.

The outage according to TCN, is to enable contractors have safe environment to erect two 132KV transmission towers at the substation.

The company also said d that as a result of the intending power outage, there would be no bulk power supply to Benin DisCo through the Adeje industrial, woodland, Mosogar, Sapele and Abraka feeders for the period.

“The transmission Company of Nigeria (TCN) hereby states that it will commence the erection of two (2) number 132kV transmission towers at its Amukpe Transmission Substation.

” And will equally restring a portion of the Benin-Delta and Delta-Oghara 132kV double circuit transmission lines from Saturday, May 4 to May 17, 2024.

“Consequently, Amukpe Substation will be out of power for the duration of the work.

“Also, there will be no bulk power supply to Benin DisCo through the following feeders: the Adeje, industrial  Woodland, Mosogar, Sapele and Abraka feeders.

“The outage is necessary to create a safe working environment for the contractor. Completion of the projects will put in place N-1 redundancy that would enable TCN supply bulk electricity to the substation from either the Benin or Ughelli transmission line.

“This means that when one transmission line is faulty, bulk electricity can still be received in the substation from the second line., ” Mbah said.

According to her, TCN apologises for the inconvenience electricity consumers in the substation will experience within the period.

She said that the projects would help ensure a more flexible and consistent bulk power supply through the Amukpe transmission substation when completed

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