Tag: 76

  • NDE trains 76,300 youths

    NDE trains 76,300 youths

    The National Directorate of Employment (NDE) said 76,300 unemployed youths were currently benefitting from a special vocational skills training across the country.

    Its Federal Capital Territory (FCT) Coordinator, Mrs Edna Ofordile, made this known yesterday in Abuja at the Orientation of 2000 basic Open National Apprenticeship Scheme (NOAS).

    Mrs Ofordile said 2,000 are currently being trained in Abuja.

    She explained that the NOAS training was the programme organised by the Director-General, Mr Nasiru Mohammed to respond to the rapid growth of unemployment in the country and technological development in the world.

    According to her, the NDE management has approved the recruitment and training of 76,300 trainees nationwide, adding that each state has been mandated to recruit and train 2,000 unskilled men and women.

    She said the cosmetology training which is ongoing would last for two weeks.

    “At the end, the trainees would be able to produce bar soap, bath soap, liquid soap, body cream, dettol, air freshener and lots more.

    “The three months intensive training in other skills like interior decoration, catering and GSM repairs would commence immediately after the two weeks training.”

    Ofordile promised that the NDE FCT would engage the services of counsellors/motivational speaker and successful entrepreneurs to counsel, motivate and supervise the trainees.

    The coordinator urged the trainees to be attentive and imbibe knowledge that would help transform them to employer of labour at the end of the training.

    She, however, commended the FCT administration and all stakeholders for responding to their request to solve unemployment problem and move the country on the path of growth and economic recovery.

     

     

     

  • 76, 93 Days neck and neck for AMAA 2017

    76, 93 Days neck and neck for AMAA 2017

    •‘Vaya’ gets highest nominations

    After weeks of collating some of the best movies in Africa and the Diaspora, for the year in review, by organisers of the Africa Movie Academy Awards, AMAA, the jury, last Sunday, unveiled nominees for the 2017 edition of the awards at the Kigali Convention Centre, Rwanda.
    Leading with the highest nominations is South African flick, ‘Vaya’. The Akin Omotosho directed movie clinched 11 nominations; The Ousmane Sembene Award for Best Film in an African Language, Award for Achievement in Soundtrack, Award For Achievement In Sound, Award For Achievement In Cinematography, Award For Achievement In Editing, Award For Achievement In Screenplay, Award For Best Actor In A Supporting Role (Warren Matsimola), Award For Best Actress In A Supporting Role (Nmonde Mbusi), Award For Best Director (Akin Omotoso), Award For Best Actress In A Leading Role (Zimkhitha Nyoka) as well as the most coveted category, Award For Best Film.
    Flowing closely are Nigerian era flick, ‘’76’, and the biopic, ‘93 Days’.
    ‘‘76’ garnered eight nominations, including Award For Achievement In Production Design, Award For Achievement In Soundtrack, Lagos State Award For Best Nigerian Film, Award For Best Actor In A Supporting Role (Adonijah Owiriwa), Award For Best Actor In A Leading Role (Ramsey Noah), Award For Best Actress In A Leading Role (Rita Dominic), Award For Best Director (Izu Ojukwu) and Award For Best Film.
    ‘93 Days’ had seven nominations. They include, Award for Achievement in Soundtrack, Award for Achievement in Sound, Lagos State Award For Best Nigerian Film, Award For Best Actress In A Supporting Role (Somkele Idhalama), Award For Best Actress In A Leading Role (Bimbo Akintola), Award For Best Director, (Steve Gukas) as well as the Award For Best Film.
    Following closely is ‘Oloibiri’ with six nominations, and Ugandan film, ‘Queen of Katwe’ with five nominations.

  • ‘76’ TO AIR ON DSTV BOX OFFICE

    FOLLOWING a successful cinema run, historical thriller, 76, will be available for rent on DStvBoxOffice from Monday, February 13.

    Making the announcement, General Manager, Marketing, MultiChoice Nigeria, Martin Mabutho said the company is excited to make the movie available to its subscribers on the DStv Box Office platform.

    “Our mission is to provide value to our customers by making great entertainment more accessible and at an affordable price. The movie ’76 with its compelling story line, quality production and stellar cast, is a compelling portrayal of an unforgettable date in Nigeria’s history and we believe that it will make a great movie pick for the whole family”, said Mabutho.

    Produced and directed by Izu Ojukwu and Adonaija Owiriwa the movie stars talented actors like Ramsey Nouah, Rita Dominic, Ibinabo Fiberesima, ChidiMokeme and Daniel K. Daniel, and a host of others.

    76 is set against the backdrop of the attempted coup of 1976 and the assassination of Head of State Murtala Mohammed.

    The drama chronicles the lives of a young officer, Dewa (Ramsey Nouah) and his pregnant wife, Suzy (Rita Dominic) who are reluctantly caught up in events that rocked the whole country.

    The movie earned 14 nominations at the 2017 edition of the prestigious AfricaMagic Viewers’ Choice Award (AMVCA).

  • Oando grows Q3 net profit by 76% to N11b

    Oando Plc optimized its bottom-line performance in the third quarter as significant improvements in top and midline costs moderated decline in turnover and returned higher earnings to shareholders.

    Key extracts of the interim report and accounts of Oando for the nine-month period ended September 30, 2014 showed that while turnover dropped by 12.5 per cent, the group drew on improved input and marketing costs to grow gross profit and operating profit by 70.4 per cent and 97.3 per cent respectively. Net profit after tax rose by 75.7 per cent.

    Group turnover stood at N338.11 billion in third quarter 2014 compared with N386.25 billion in corresponding period of 2013. Gross profit meanwhile rose from N70.4 billion in 2013 to N79.60 billion in 2014. Operating profit also nearly doubled at N36.25 billion in 2014 as against N18.37 billion in 2013. Profit before tax rose marginally from N9.76 billion in third quarter 2013 to N10.18 billion in third quarter 2014.

    With tax gain of N523.4 million, group net profit rose to N10.70 billion in 2014 as against N6.09 billion in comparable period of 2013. Earnings per share meanwhile improved from 93 kobo to N1.26.

    Oando has, this year, recorded several milestones, including the successful acquisition of ConocoPhillips, the largest acquisition by an indigenous player in Africa; in the upstream, OML 125 production increased by 17 per cent to 651,000 bbls, while OML 56 production increased by 30 per cent to 171,000bbls compared to prior comparative period; in the midstream, Oando Gas and Power is extending its natural gas distribution network by 8.0km from Ijora to the Marina business district in Lagos state, positioning the company to benefit from the growing demand for gas and power infrastructure in the country while in the downstream, the completion of the Apapa Single Point Mooring (ASPM) Jetty, a first in Africa; with expected demurrage cost savings and additional income streams.

    On the impact of Oando’s $1.5 billion acquisition of ConocoPhillips Nigeria which has transformed the company into Nigeria’s largest indigenous oil and gas producer, it is expected that there would be further improvements in the company’s performance as the acquisition is set to increase daily oil production exponentially by 600% equivalent to 45,000 boe/d, annual revenue of over US$600 million, and annual free cash flows of $150 million.

    On the outlook for the company, group chief executive officer, Oando Plc, Mr. Wale Tinubu has said the company’s strategic refocus on the higher margin promises to create profitable growth for the company and immense value add for its stakeholders in the near term.

    “With an eye to the future, we took on our largest and most daring feat with the acquisition of ConocoPhillips Nigeria, adding capacity to support our future growth plans. We have succeeded in repositioning ourselves within the sector, and through future acquisitions and innovative efficacy we will seek to up our market share in sub-Sahara’s upstream sector within the next five years to 100,000 boe/d in net production.  We remain committed to strengthening our balance sheet and expect 2014 to be another strong year for the Company,” Tinubu said.

    He noted that the company has already seen positive indications from its active strategic initiatives; upstream investments, midstream expansion and downstream optimisation.

    Oando recently distributed a total of N2.4 billion as cash dividends to shareholders, consisting of a final dividend of 30 kobo per share for the 2013 business year financial year and an interim dividend of 70 Kobo per share for the six-month period ended June 30, 2014, bringing total dividend per share to N1.

    Chairman, Oando Plc, Oba Michael Gbadebo, said the company has already started to reap the rewards of recent strategic initiatives in the previous year.

    “We have successfully cemented our leading status as Nigeria’s premier indigenous exploration and production player, whilst also growing the midstream business and refocusing the pioneer downstream business,” Gbadebo said.

    According to him, the company will remain on the growth path and continue to work diligently to stay ahead of its peers while creating value for its shareholders..

  • OBJ at 76

    OBJ at 76

    If  Chief Obafemi Awolowo, the first premier of Western Region and opposition leader in the First Republic, was, as the late rebel leader, Chief Odumegwu Ojukwu described him posthumously, the best leader Nigeria never had, former president, General Olusegun Obasanjo, who celebrated his 76th birthday yesterday, will probably go down in history as Awo’s anti-thesis of sorts; arguably the most endowed Nigerian leader who had the opportunity and luck Awo never had but blew his chance to be truly great.

    General Obasanjo is probably the most hard-working and energetic leader Nigeria has had. The story is often told of how, as chief of staff of the assassinated head of state, General Murtala Mohammed, he would work into ungodly hours after council meetings to prepare notes on what actions needed to be taken and by whom, and yet be the first on his desk the following morning. Today at 76 – probably older as his estranged son, Gbenga, has said – he has remained as hard working and energetic as ever.

    Not only is the young septuagenarian probably the most hard-working and energetic leader Nigeria has had. He is also one of the country’s most intelligent and knowledgeable, as anyone who has had even the most casual interaction with the man will testify. His intelligence and knowledge is also pretty evident in several of the books he has written and in his media interviews and public speeches, especially those delivered off the cuff.

    Again, the man has proved himself as effective and decisive a leader as any in the world. Issue after issue, the man took decisions quickly and pursued his goals with single minded determination.

    Not least of all, the man is probably Nigeria’s luckiest leader. From being the field commander on hand to first accept Biafra’s instrument of surrender after his predecessor, General Benjamin Adekunle had virtually finished all the dangerous fighting, through surviving the coup attempt of 1976 and succeeding his assassinated boss, General Mohammed, to returning to power in mufti after barely escaping the gallows at the hand of his near-nemesis, head of state, General Sani Abacha, Obasanjo seems to have the knack, or the luck, if you will, of being at the right place at the right time.

    The trouble with the man is, first, he was never really as disinterested in power as he or his friends and associates would like the world to believe. Second, it is pretty obvious to even someone with half an eye, that the man, at least in his second coming, put his virtues more in service of himself than in that of his country.

    As we all know the man became a world celebrity when he apparently kept the word of his boss and surrendered power in October 1979 to an elected government. The operative word here is “apparently.” Apparently, because, as I have pointed out on these pages more than once, there is evidence to suggest the man didn’t really want to leave back then. That he eventually did was partly because his putative attempt at getting the last summit of the then Organisation of African Unity he attended as head of state in Monrovia, Liberia, to include a statement in its communiqué that Nigeria was not ready for democracy, failed. He also left because three of his most powerful lieutenants, his second-in-command, General Shehu Musa Yar’Adua, his army chief, General T.Y. Danjuma, and his police chief, Inspector General of Police M.D. Yusuf, insisted the men in khaki must return to the barracks where they belonged.

    Whether the man wanted to leave or not, the fact was that he was sensible enough not to risk being thrown out. To that extent he deserves credit for leaving. However, after tasting the forbidden fruit of power, in a manner of speaking, the man apparently developed a huge appetite for it. An evidence of this was his failed, perhaps at that time, unrealistic, ambition to become the Secretary General of the United Nations. Another was his initial acceptance of an offer by military president, General Ibrahim Babangida, to him to head an interim government after Babangida “stepped aside” in 1993, the interim government which was eventually headed by his fellow Egba, Chief Ernest Sonekan.

    Probably the most conclusive evidence that the man’s eventual return to power in 1999 was not mere accident but a thing he had deeply desired was a story my friend, Mr. John Dara, the presidential candidate of the National Transformation Party in the 2011 elections, once told me on a visit to his rather modest office in Abuja.

    Pretty early under General Sani Abacha’s regime in 1994, he said, Obasanjo once asked him through one of his brothers-in-law to become his presidential campaign manager. Apparently Dara came highly recommended to Obasanjo as a chieftain of the powerful Middle-Belt Forum and the man who managed the improbable success of Chief Otedola in beating Alhaji Lateef Jakande in the Lagos governorship elections conducted under General Babangida’s transition programme. Dara also had a reputation of being a big thorn in the flesh of the late Dr. Sola Saraki, the undisputed godfather of the politics of Kwara State where they both came from.

    At first, said Dara, he declined. Not long after that he was approached by a younger brother of General Sani Abacha through a friend to also manage the general’s plan to swap his khaki for mufti in spite of his promise that his regime will be brief. Again, said Dara, he declined.

    However, after persistent pressure from his friend, he relented somewhat and agreed to meet Abacha’s younger brother. Still the meeting, he said, did not produce the desired outcome for his host. His argument was that Abacha was likely to face at least two formidable, possibly insurmountable, obstacles – General Yar’Adua, whose presidential ambitions as a retired officer was an open secret, and General Obasanjo who had become a credible and effective moral voice at home and abroad against military rule.

    Following this observation, he said, his host revealed that in a matter of weeks these obstacles would be removed. Thus sufficiently alarmed, Dara said, he contacted Obasanjo’s in-law and told him he was now ready to meet with the general, not to handle his presidential campaign as such, but to warn him about the danger he faced. The meeting eventually held and he warned Obasanjo of the danger. The general never heeded the warning – not even after it was confirmed by his friend, former American president, Mr. Jimmy Carter, when he warned the general not to return home from a trip abroad.

    Obasanjo, never one to be accused of cowardice, returned home from his trip. The rest, as they say, is now history; he, along with Yar’Adua, were duly picked up by Abacha’s security men as coup planners and sentenced to death. International pressure on Abacha forced him to commute the sentences to life but only Obasanjo came out alive, following the mysterious death of Abacha in 1998.

    He was soon drafted, seemingly reluctantly, to become the president that would heal the deep wounds inflicted on the country by, among other things, the crisis of the cancellation of the presidential election of June 12, 1993 whose presumed winner was the late Chief M.K.O. Abiola.

    Sadly and tragically, instead of healing wounds, Obasanjo allowed himself to be consumed by vengeance for the wrongs he suffered. Instead of leaving vengeance to God, as a self-declared born-again Christian, he went after everything he apparently believed Abacha stood for. Presumably, as he approached the end of his second term in 2007, he came to the sudden realisation that he was leaving little of a legacy behind by which history would judge him kindly.

    Predictably he tried to secure a third, some would even say, an indefinite, term with its obvious implication of diverting resources, material or otherwise, from serving the public interest. Equally predictably – Nigeria has for long proved the political graveyard of anyone who thought he was indispensable – his bid failed.

    At the same time, the man who first left office in 1979 with a reputation of someone who did not abuse his office to amass great wealth, today has the sad reputation of a man living in soulless opulence. It was as if in his second coming, he’d concluded that his relatively Spartan conduct in his first coming was a mistake.

    All his recent efforts at revising the record of his public career notwithstanding, history will certainly not be as kind to him as a leader with his great qualities deserved. He had the opportunity to use those qualities in his country’s best interests like no Nigerian leader ever had, but he blew it.