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Manufacturing Is Key To Economic Growth, Development —- Dangote

Peter Okunoren

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Executive Director of the Dangote Group, Hajiya Halima Aliko-Dangote has urged millennials in Nigeria and across Africa to diversify from service-oriented enterprises to manufacturing and agriculture in a bid to fast-track the development of the continent and better life for its nationals.

Halima Dangote said that the economic realities around the world have shown that the way to go is agriculture and that the youths must take the lead more when most African countries are still grappling with low economic growth.

Addressing the 58th Conference of the Nigerian Bar Association (NBA) in Abuja yesterday, Hajiya Halima Dangote said African countries have groped in the dark for too long and it is high time the millennials stand up to be counted as the future of the continent.

In her paper titled “Roles of Millennials in Transition and Institution Building”, the Dangote Group Director explained that the youths have the potentials to turn around the fortune of the African continent. She stated that “Millennials are young ones born between 1980 and the mid-2000s, who account for 27% of the global population (about 2 billion people) and Sub-Saharan Africa alone is home to 13% of the entire millennial population, ranking second to Asia.

According to her, “available statistics have also revealed that by 2025, 75% of the global workforce will be millennials, large enough to influence consumer spending patterns; change consumer business models and impact the global economy. Most members of this generation are at the beginning of their careers and so will be an important engine for economic growth in the decades to come.”

Amid intermittent applause from the lawyers, Hajiya Halima Dangote stated that the theme of the conference which is “Transition, Transformation, and Sustainable Institutions” could not have come at a better time than now and therefore lauded the Association for coming up with a subject that Nigeria and Africa needed to discuss.
She congratulated the outgoing President of the NBA, Mr. A. B. Mahmoud OON, the incoming President, Mr. Paul Usoro SAN, and “all my learned friends here for successfully continuing with the vision handed down by the fathers and founders of the Association.”

The Executive Director also urged millennials and other relevant stakeholders to exercise restraint in the face common desperation for wealth by their contemporaries adding that, “Success in entrepreneurship takes time, dedication and hard work. There is a need to disabuse our mind from the concept of overnight success. Industrialisation requires patience and perseverance.”

She also spoke extensively on the successes recorded by the Dangote Group, founded by her father Aliko Dangote, in creating numerous jobs and establishing value-adding industries and contemporary businesses through importation, manufacturing and backward integration to generate and highlight local content for overall development.

While noting that the achievement by the group did not come easy, Hajiya Halima Dangote said “the Millennials should see these opportunities and diversify from service-oriented enterprises to manufacturing enterprises. Manufacturing has the capacity to create numerous jobs, develop an economy, sustain jobs and open other linkages.”

She noted that millennials are leaders in transition and are evolving. To her, “With smartphones and connections, the Millennials can exert much influence and swing the outcome of a situation. This confers on them great role and responsibility in shaping the outcome of policies and politics in a nation”.

“Economic sentiments have turned sharply since 2015. The general consensus across sub-Saharan Africa’s two largest economies is that lack of employment opportunities poses a very big problem amongst other key societal issues identified through the Sustainable Development Goals (SDGs).

“Despite these concerns, there is considerable optimism about the future, and millennials are increasingly getting more active in influencing and energising public opinion through social networks and creating mass movements. They are also actively leveraging digital fluencies to improve public sector accountability; address global societal problems and drive civil society engagement. “, she stated.

According to her, “Dangote Industries Limited is one of Nigeria’s foremost conglomerates with interests in cement, sugar, salt, flour, pasta, noodles, poly products, real estate, agriculture, logistics, telecommunications, steel, oil and gas, and beverages among others. The Group has over 15,000 direct employees. It provides indirect employment to tens of thousands of others who are engaged in activities relating to our businesses. Dangote Cement now has presence in 18 African countries (Nigeria, Ghana, Ethiopia, Tanzania, Cote d’Ivoire, Senegal, Cameroon, Liberia, South Africa, Kenya, Zambia, Sierra Leone, Congo, Zimbabwe, South Sudan, Chad, Mali and Niger).”

Speaking at a breakout session of the Conference, the Chief Executive of DAX Consult, Adaku Ufere Awoonor said millennials are the most educated and assertive age group that are currently creating wealth globally pointing out that young people around the world are now influencing outcomes of political activities, while others have risen to position of power and are making meaningful contributions to their societies.
” Millennials are entrepreneurs. If they can’t find job, they create one. They are doers and comfortable using digital media for promoting their causes,” she added.

Another Panelist speaker, Nasir Yammama, who is the CEO of Vordent AgriTech said millennials are extremely innovative, even in the face of limited resources, and challenges posed by social and political environments. He said his company is involved in creating technology that will support the agricultural sector. “We are also working on a craft, we called it “witchcraft” to help solve problems and create jobs, using technology,” he added.

In the same vein, the Managing Director of Mojec Holdings, Chantelle Oluwabumi Abdul said in spite of being a young person, her company controls about 80 percent of metering in the power sector in West Africa.

She said young people should look into creating ideas and as well execute the ideas promptly.

“I believe in the Nigerian dream. I believe in Africa. Young people now look at creating real wealth in billions and not millions again,” she added.

The sheer size of this demography which is already about half the size of world population and the democratisation of information using technology is a warning sign to future politicians and the future of politics.

“The Nigerian and African Millennials in this context although largely preoccupied with start-ups, business activities and professional success are also intensely politically and socially active through the social media”, Hajiya Halima Dangote added.

“They are thereby gradually influencing the course and content of politics and the flavour of social and political life, and social activism through the broad reach, power and immediacy of the social media. They will eventually have to enter the political arena as potential political and business leaders formed in the digital age.

“To do this, Nigerian and African Millennials must deliberately ground their transformation efforts for national and continental advancement in a deep understanding, respectful and non-abusive appreciation of their cultural heritage”, she added.

Hajiya Halima Dangote also stressed the growing need for strong institutions to manage these developments and transitions, as Africa develops. To her, the continent must transit from having strong persons to strong institutions, strong institutions with the effective executive capacity needed for sustainable development.

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Tony Elumelu Donates Technology Centre To AAU

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Chairman of UBA Group, Tony O. Elumelu, has made the donation of a multipurpose information technology center to his alma mater, Ambrose Ali University.

Through the UBA Foundation, the corporate social responsibility arm of the United Bank for Africa Plc (UBA), Elumelu has championed the construction of a state-of-the-art multipurpose information technology building, which will benefit the students of Ambrose Alli University in Ekpoma, Edo State. The hall, to be named The Tony O. Elumelu multipurpose hall, is furnished with computers, desks, and chairs measure 839 square meters and have adjoining offices and conveniences.

Elumelu highlighted his motivation: “Education is crucial to Nigeria’s human capital – whether our young people join our national institutions, the private sector or, as I did, take the entrepreneurial path, no one can afford to be cut off from the digital world. It has been a personal mission to ensure that the hall was delivered to specification, for the benefit of the students at the AAU. Success brings with it the duty to give back, and I am just grateful that I am now in a position to meaningfully help the next generation”.

The multipurpose hall was formally handed over to the University, at a ceremony attended by members of the University’s governing council and staff, led by Vice-Chancellor, Prof Ignatius Onimawo.

Speaking at the commissioning, UBA’s Directorate Head, South Bank, Mr. Chris Ofikulu, who represented the UBA Group Chairman, highlighted the contribution of UBA, through its Foundation, to education and development across Africa.

‘As a pan-African bank, operating in 20 countries across our continent, UBA is committed to being a socially responsible institution, and a role model for businesses in Africa. The UBA Foundation actively promotes the socio-economic improvement of the communities in which UBA operates, with a particular emphasis on development in the areas of “Education, Environment, and Economic Empowerment”. We believe in intervening and building capacity within communities, facilitating projects that will act as catalysts for social and economic development’ he stated.

“Tony Elumelu is a product of this great university and is conscious of the need to give back and there is no substitute for world-class educational infrastructure, and this is what has informed the construction of these facilities, that will help equip the future leaders of our great nation Nigeria,” he said.

The AAU Vice-Chancellor, Prof Ignatius Onimawo, who expressed his heartfelt gratitude towards the gesture by the UBA Group Chairman, noted that one of the most pressing needs of the University for 2020 had been met, and thanked UBA and Mr Elumelu.

He challenged students to make proper use of the facilities provided by UBA and to ensure that they emerge great leaders and mentors like Elumelu, whose commitment to catalyzing entrepreneurial growth across Africa, through the Tony Elumelu Foundation, and institutionalizing African philanthropy, had created a strong positive role model. ‘We at Ambrose Ali university are so proud of our son Tony Elumelu and every time we see him doing good across Africa, we feel joy and accomplishment’ said Onimawo.

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Nigerian Bottling Company Appoints Matthieu Seguin As Managing Director

Gbemileke Ajayi

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Non-alcoholic beverage giant, Nigerian Bottling Company Limited (NBC) has announced the appointment of Matthieu Seguin as the company’s Managing Director effective October 3, 2019. Seguin succeeds George Polymenakos who was appointed in August 2016.

Until his appointment, he was the General Manager for Coca-Cola HBC Ireland & Northern Ireland for almost 4 years.

According to a company statement signed by the Public Affairs and Communications Director, Mr. Ekuma Eze, Seguin will lead the organization and it’s over 2,700 employees to deliver growth, business optimization, and profitability for Coca-Cola Hellenic Business in Nigeria.

Eze stated that Seguin is a thoroughbred professional with multi-industry experience and a remarkable track record in business turnaround as well as a strong passion and commitment for people development, having served in different capacities in top management positions.

He further disclosed that Seguin is not new to the company nor the Nigerian business environment, having previously worked in Nigerian Bottling Company as the Commercial Director between 2011 and 2016.

Seguin joined Coca-Cola HBC in December 2009 as Group International Customer Director. In May 2011, he was appointed the Country Commercial Director for Nigerian Bottling Company. Before this, he had worked with Procter and Gamble for almost 18 years in different commercial roles across Europe, Middle East & Africa.

During his time as General Manager for Coca-Cola HBC Ireland and Northern Ireland, Seguin led the organization through a period of considerable success, delivering profitable growth through a focus on prioritization, simplification and team development.

Matthieu Seguin is an alumnus of the INSEAD School of Business, IMD Business School and Ecole de Management de Normandie. He has served on various boards including as Member of Board of Repak Ireland; Member of the IBEC National Council and Chairman of Food Drink, Ireland’s Prepared Consumer Foods Council.

 

Ekuma Eze
Public Affairs and Communications Director

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Aimart Realtors To Reward Customers In Season’ Promo Draws

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Aimart Realtors, one of Nigeria’s premium real estate management and development company, will be hosting the grand finale of her special season’s promo on the December, 14th, 2019. The event which will take place at Air force Officers Mess, No 1 kofo Abayomi Lagos will see winners emerge from various categories of a promo many observers regard as top-notch in this season of a giveaway.

The current Aimart Realtors Promo does not just have huge reductions in the prices of houses and plots of land at all Aimart estates in Ibeju-Lekki and Lagos Mainland, there is a special top-up as customer who makes deposits for any package will smile home with lots of goodies to celebrate this year’s yuletide holidays and new year season.

In a statement issued by the company, the Managing Director Mrs. Oluwabukola Iluyomade, stated that the organization wants to excite all Nigerians during this season as they take advantage of the heavy discount on various packages in all their estates across different parts of Lagos.

In her words, “the vision of Aimart Realtors is to be a one-stop solution in the global real estate business. Besides, we are equally poised to provide precise, accurate and affordable real estate services that guarantee human dignity, wealth creation, and preservation for our esteemed customers.

“As the season approaches, we decided to provide this icing on the cake for all, right from the first day of October we started the promo till this December that we are ending this special promo”

She added that the excitement of this event is meant to wow everyone and set the stage for a bigger, better and fun-filled new year,

Since its establishment years ago, Aimart Realtors has successfully provided client-oriented solutions and real estate portfolios that offer optimized shelters for both individuals and businesses.

Over time, the company has remained consistent with its vision as “a one-stop solution provider in the global real estate business” and thus continues to design, conceptualize, build and manage decent and affordable residential, office, commercial accommodations that are excellent for habitation and investment.

The company has also created a top-notch standard in delivering worry-free-homes to customers at home and in the diaspora. Giving optimum value to virtually all her clients.

In all her jobs and activities, Aimart Realtors has maintained a clean record of delivering exceptional services in all areas of land documentation, survey plan, C of O and gazette processing and these have kept customers coming back with great satisfaction.

Interested customer who desired to end 2019 in grand style with the acquisition of land and homes at affordable prices should contact Aimart realtors on the following 234 1 2932213 +23481280794
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