Tag: Gumel

  • Tinubu congratulates Gumel, Amusan on international feats

    Tinubu congratulates Gumel, Amusan on international feats

    President Bola Ahmed Tinubu has congratulated two distinguished Nigerians, Farouk Gumel and world athletics star Tobi Amusan, on their recent achievements that brought pride to the country.

    In a statement issued on Tuesday by his Special Adviser on Information and Strategy, Bayo Onanuga, the President hailed Gumel’s appointment as Chairman of Botswana Sovereign Wealth Fund Limited and Amusan’s silver medal performance in the women’s 100m hurdles at the 2025 World Athletics Championships in Tokyo, Japan.

    Describing Gumel’s elevation as a reflection of Nigerian professionals’ growing reputation abroad, Tinubu said, “As Vice Chairman for Africa at the Tropical General Investment (TGI) Group, among other accomplishments, Gumel has remained a consistent player in Nigeria’s determined efforts in food sufficiency.

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    “His leadership in this significant role brings immense pride to our nation, and I am confident he will excel and further cement Nigeria’s reputation for excellence in global finance”, he said.

    On Amusan’s triumph, the President praised her resilience and determination on the global stage.

    “Tobi has once again demonstrated that with patriotic fervour, coupled with hard work and determination, any height is surmountable. Her achievement is a source of national pride,” he stated.

    Tinubu wished both Gumel and Amusan continued success in their careers and assured them of the government’s support as they carry Nigeria’s name high in their respective fields.

  • Gumel honoured for long-term service to volleyball 

    Gumel honoured for long-term service to volleyball 

    The Fédération Internationale de Volleyball (FIVB) and Confederation of African Volleyball (CAVB) have presented CAVB Merit award of excellence to Engineer Habu Gumel of Nigeria.

    The award presentation by FIVB president Ary Graca and CAVB’s boss Bouchra Hajijwas took place at  the elective Congress of Confederation of African Volleyball in Marrakesh, Morocco.

    Read Also: Italy outclass USA to take women’s volleyball gold

    Engineer Gumel, an Executive Committee vice president of CAVB received the award because of his excellent long service support to the growth of volleyball in Nigeria, Africa and the world.

    The veteran sports administrator is the President of Nigeria Olympic Committee (NOC) and Executive member of the International Olympic Committee (IOC).

  • Productive engagements, mentorship ’ll unleash youth potential, says Gumel

    Productive engagements, mentorship ’ll unleash youth potential, says Gumel

    A dedicated development programme that exposes the youths to productive engagements and careful mentoring would help to unleash their potential as the most potent economic drivers for the country.

    Chairman, Union Bank of Nigeria (UBN) Plc, Mr. Farouk Gumel, said the youth are the greatest asset as well as the biggest threat, depending on the way their youthful energies are channelled.

    He said the youth had been subjected to wrong orientation, thus the need to re-orientate them to focus on creating values and sustainable development, rather than rabid fixation on material things.

    “It all depends on how they are engaged. Productive engagements lead to positive outcomes. Unproductive engagements lead to…well, many of the challenges we are experiencing today.

    “My personal view is we don’t have many role models. Or at least, we don’t portray them the way we should. As a nation, not a region only, the definition of success has been downgraded to material things. You have a nice car. You have a nice house. You wear nice clothes. Then congratulations, you are successful. Accordingly, the youth should simply aspire to have money, cars and houses.

    “I have seen many times, on many WhatsApp profiles, people saying: “get rich or die trying”. This was from a famous musician but today, it has become an aspirational quote. It is important to note that money, houses and cars are byproducts of success. They are not the success itself. Before these material items are achieved, there was a journey. We do not celebrate the people who are brave enough to embark on the journey,” Gumel said.

    Gumel spoke on the topic: “The North in a dynamic world: Creating a New Generation of productive and innovative youths”, at the first annual conference and exhibition organised by Arewa Consultative Forum (ACF), Kano State Chapter, in conjunction with Dangote Business School and Media Trust Limited, at Bayero University, Kano. The theme of the event was: Unleashing the Creative and Innovative Potentials of Northern Nigeria Youth.

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    He underscored the importance of education and enlightenment as strong foundation for an innovative and dynamic youthful population.

    According to him, while education entails the process of acquiring knowledge, skills, values, and attitudes through various forms of learning, such as schooling, training, or experience; enlightenment means the state of being aware, informed, or enlightened about a particular subject, idea, or reality.

    “While education focuses on the acquisition of knowledge, enlightenment emphasizes the attainment of wisdom and understanding. Education is about getting the information. Enlightenment is about the practical application of that information. So education can help or detract from enlightenment,” Gumel said.

    He called for deliberate efforts to showcase successful businessmen and enterpreneurs who had braced the odds to break new grounds in various sectors of the economy, especially in the northern region.

    Citing the historic exploits of pioneers like Alhassan Dantata, Umaru Sharubutu and Maikano Agogo, who started what is today the multibillion dollar markets Kano boasts of, Gumel said the youth must be mentored to follow the footsteps of successful enterpreneurs and contribute their quota to the society.

    “Today, we have new and upcoming tycoons who are masters of their industries. These are extremely enlightened and dynamic people. But we don’t celebrate them. Our youth are not interested in their history and journey although they empower thousands in their respective sectors. 

    “For example, let us look at the downstream petroleum sector. The big names today at the national level are Sayyu Dantata, Rahamaniyya, AA Rano, AYM Shafa, Maikifi and many more. If you look at retail, one of the strongest indigenous brands is Sahad Stores. We also have the traders such as Alh Dan Gongola, Sharubutu, Sambajo and Giwa Getso. If we look at hospitality, we have the likes of Wazirin Katsina who is hear with us today. We also have likes of Shagalinku who has transitioned from a restaurateur in Zaria to having hotels across the region. We have the like of Alba Bello and Jargaba who are well known for agricultural inputs,” Gumel said.

    He said the north has domineering influence in key sectors such as agriculture, transportation and manufacturing, with several individuals that could serve as mentors for the upcoming generation.

    Gumel, who is Group Executive Director and Executive Vice Chairman of Tropical General Investments (TGI), said he has continued to draw on his mentors as he continues to build his business empire.

    “We need multiple mentors for different situations. No one knows it all, you may have an idea. But its needs polishing. I am very lucky I have many mentors in my journey. At each turn, there was someone to guide me. It was a design of faith not choice.

    “Today, I get many requests from younger colleagues about being their mentor. But my response is always why? You need a mentor that matches your path. Someone selling fertiliser can never provide guidance to a tech entrepreneur. And vice versa. In many instances, I realise what they want is a godfather and not a mentor. Many want help to get contracts, appointments, favours or jobs,” Gumel said.

    He called for a clear, inclusive northern ideology that showcases ideals and ideas, encouraging the youth on the path of productivity and innovation.

    “We need ambassadors of ideals and ideas. These are the mentors and role models. We need to admire people based on values and not their valuables. Fifty years ago, a school teacher was a pillar of society based on his intellect not wealth. Today, they have been demoted.

    “The leaders of the north must develop an inclusive ideology that attracts the youth. If not, YouTube and Google will handle it. That is why we have many young people with American accents wearing American clothes. We all know many don’t even know the way to the embassy. Their plan is simply – “get rich or die trying”. But they don’t want to leave home,” Gumel said.

    He explained that productivity and innovation do not mean creating something out of nothing, they can be an enhancement or replacement of an existing platform or idea, noting that world billionaires like Steve Jobs, Bill Gates, Jeff Bezos and Elon Musk reinvented and improved on existing platforms.

    He said the Northern Nigeria presents boundless opportunities for solution providers as almost everything-water, electricity, education, health care, social services and many more, needs to be fixed.

    “Our problems are also very basic and it’s the same with the solutions. But maybe we lack the confidence to think for ourselves as solution providers. My company owns 13 factories in Nigeria. Nine are in the North. We work with over 250,000 farmers, transporters, aggregators etc. Despite all the negative stories about the region, we are still investing.

    “Our products and brands are everywhere. Our team are young, energetic and dynamic. Our ideology is simple, inclusive growth. If the community and society you operate with flourish, you will succeed,.

    “In summary, I was asked to talk about how Northern Nigeria, in this dynamic world, can create a new generation of productive and innovative youth. My answer is we need to rebuild trust amongst ourselves by redefining what the ideology of the North is. This patch of land north of the River Niger and Benue is home to 120 million people of different ethnicities and religion. A united front is needed. Unity can only be achieved through equity and inclusion. We are only as weak as our weakest link. Once we have identified this ideology, we need the collective buy if of all leveraging our mentors and regional heroes. The youth, I am confident, will deliver,” Gumel said.