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2019 GTBank Food And Drink Festival: GTBank Set To Provide 300 Free Stalls To SMEs, Adds Extra Day To Annual Event

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After three stellar exposés of the biggest culinary experience in Africa, the GTBank Food and Drink Festival is getting bigger for the 4th edition, which will hold for 4 days from Sunday, 28th April, to Wednesday 1st May 2019 at the GTCentre, Plot 1, Water Corporation Drive, Oniru, Lagos.

Created in 2016 by leading African financial institution, Guaranty Trust Bank Plc, the GTBank Food and Drink Festival has become the premier culinary event in Africa, bringing together tens of thousands of people from across the continent and beyond to support and celebrate Nigeria’s vibrant and burgeoning small businesses in the food retail sector. Over the last three years, the event has hosted more than 450,000 people, featured dozens of entrepreneurial masterclasses byinternational chefs and food business experts and launched or propelled the businesses of hundreds of entrepreneurs in the food retail industry. To watch some of the testimonials of these small business owners, please visit

This year, alongside adding an extra day to the event, the GTBank Food and Drink Festival will offer free Retail Stalls to over 300 small businesses, more than double the number from the previous year. The event will also feature a series of masterclasses and cookery classes facilitated by renowned food and drink experts from around the world. In addition, there will bea farmers’ market for the sale of fresh and organic produce as well as a showcase ofsome of the finest street foodsinAfrica’s largest city. In line with its family theme, the 4-day event will also feature exciting games and fun exercises designed to thrill and entertain children all day long.


Commenting on the 2019 GTBank Food and Drink Festival, the Managing Director and Chief Executive Office or Guaranty Trust Bank Plc, Segun Agbaje, said; “We are delighted to bring to our customers, small business owners and food lovers across the continent and beyond, another edition of an event that is second to none in delivering the finest culinary experience in Africa. This year, we are taking our commitment to promoting enterprise in the SME sector further by giving small businessesmore opportunities to connect with consumers and business experts from around the world.” 


He further stated that, “At GTBank, we will continue to focus on promoting enterprise in food and fashion, because we know that by investing in both sectors, we are propelling local entrepreneurs to dominate two critical sectors of our economy.” 


Guaranty Trust Bank Plc is regarded by industry watchers as one of the best run financial institutions across its subsidiary countries and serves as a role model within the financial service industry due to its bias for world-class corporate governance standards, excellent service quality, and innovation. The Bank is also intervening in key economic sectors to strengthen small businesses and recently launched the GTBank Food Industry Credit and Fashion Industry Credit, unique loan products designed specifically for small businesses in the food and fashion industry, and offered at a repayment rate of 9 percent per annum.

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Nigerian Girl Tobechukwu Phillips Shatters American School’s 125-year Academic History, Earns 6.9 GPA

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A Nigerian-born teenager, Tobechukwu Phillips has shattered the 125 academic history of her high school in Texas, US.

Phillips, a student of Alvin High School boasted a 6.9 GPA, after she earned A’s throughout her stay in the school. She emerged the first Black valedictorian in the school’s history.

Alvin High School was originally established in 1894. African-American students were allowed to join the school in 1965.

Speaking to Because of Them We Can, Phillips said, “Maintaining the highest GPA in my class is a difficult task. It truly takes time management but more importantly acknowledging what you do it for. I know that I am no longer just representing myself.”

Phillips had a word of advice for other students. She said, “My biggest advice to other scholars of colour is to truly adopt the mindset of Rosa Parks — ‘No.’ Do not conform to the stereotypes that have held us under thumbs for so long,” she explained. “Do not be discouraged when someone speaks out against you, simply allow what they say to fuel your fire. But more than anything, do not remain tight-lipped. Stand up for what you believe in and take it upon yourself to be the change you’ve always wanted. Say ‘No’ to the ways of the world and stick out.”

Phillips will attend the Nursing School at the University of Texas on full scholarship later in the year. Her plan is to one day own her own clinic as a pediatric nurse practitioner.

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Minimum Wage: FG Increases NYSC Allowance To N30,000

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The allowance of members of the National Youth Service Corps (NYSC) has been increased to N30,000 by the federal government.

The disclosure was made by the minister of finance, Zainab Ahmed, who however, noted that the federal government is still working out modalities before the implementation of the new allowance for corps member, The Nation reports.

PorscheClassy News gathers that the minister made the disclosure in Abuja on Thursday, May 16, during a press conference where she added that the total sum of N649.434 billion was verified by the ministry as the outstanding balance to be refunded to the state governments.

She said: “The other aspect that should be clear is that there is an increase for the NYSC as well because NYSC, by its Act, is designed that they earn the minimum wage.”

“So, NYSC allowance also has to increase to N30, 000. So, I cannot give you projections right now because the negotiations are not yet concluded.”

Recall that we had previously reported that the former director general of the National Youth Service Corps (NYSC), Major General Suleiman Kazaure, said that the increment of allowances for corps members would be considered as soon as the minimum wage increment was approved.

Kazaure stated this in Abuja on Friday, March 29, during the swearing-in ceremony of 3,022 Batch A corps members into the FCT orientation camp.

The NYSC ex-DG said all hope was not lost as the scheme was waiting for the federal government to sign the minimum wage into law.

He urged the newly sworn in corps members to conduct themselves properly while in camp and shun drug abuse.

The NYSC ex-boss advised them to remain patriotic after being posted to their communities of primary assignments and ensure that impacts were made in their host communities.

Declaring the orientation camp exercise open, the minister of the FCT, Alhaji Muhammad Bello, who was represented by the director of administration and finance of the ministry, Hajiya Safiya Umar, also urged the new batch of corps members to be hard working.

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Stop Eating Foreign Rice, It’s Poisonous — Customs Comptroller-General Warns Nigerians

Peter Okunoren

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Col. Hameed Ali (Retd), the Comptroller-General, Nigeria Customs Service (NCS), has urged Nigerians to stop consuming foreign rice because it is poisonous.

He said this on Thursday in Abuja at a news conference organised by the Ministry of Finance.

Ali said that the Federal Government had not issued license for the importation of rice and that any rice seen on the streets that was not produced in Nigeria was smuggled, NAN reports.

He said that the imported rice was poisonous because before coming into the country, it must have spent a minimum of five years in the silos.

“A chemical must have been added to sustain its freshness and that chemical is harmful.

“Also, it has been re-bagged with a new date given as the production and expiry date and that is what we consume here which causes diseases.

“So, I appeal to Nigerians to please patronise our own rice, it is available, more nutritious and if you do that you will assist customs by making sure these people are put out of business.”

The Customs boss said that rice importation was one of the biggest challenges the NCS was encountering, adding that it still happens because Nigerians consume the imported rice.

He added that Nigerians were not helping matters as they help the smugglers bring in the product.

According to him, if Nigerians stop buying the imported rice, smugglers will go out of business and there will be no need to bring it in.

“We always ask for assistance from Nigerians to apprehend these smugglers but up till now there is no private citizen that has walked up to us to give us information, the only people giving us information are the rice millers.

“We are working very closely with them to make sure that the rice that comes into this country is validly processed.”

According to him, there is no smuggler that is too big to be arrested, and that the NCS has in custody three big rice smugglers.

He said because of the smugglers, the NCS enlarged its task force specifically to fight the rice problem, especially in the season of fasting, a celebration period which smugglers would try to import rice.

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