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Elumelu urges US Congress to pass the Electrify Africa Act

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Mr. Tony Elumelu, Chairman, Heirs Holdings and Founder Tony Elumelu Foundation has called on the United States Congress to pass the ‘Electrify Africa Act’ stating that the passage in to law would make a world of difference in Africa.

“When you leave this place call your Representatives and the leadership of the House and ask them to pass the bill” Elumelu urged members of the packed audience.

The bill which would preserve and expand President Barack Obama’s Power Africa Initiative by codifying access to electricity as a U.S. foreign policy priority for Africa has already been passed by the U.S. Senate and is expected be voted on by the U.S. House of Representatives next week.

Speaking at the Mariott Hotel in Washington D.C; venue of the “Power Africa Summit” on Thursday, January 28, 2016, Elumelu commended President Obama for working through the Power Africa Initiative to mobilize the private sector to invest $43 billion in the African power sector.

According to Mr. Elumelu, Africa must win the energy challenge if it seeks to become an industrial power in the 21st century, noting that “power outages on the continent must spark power outrages. The kind of outrage that ignites the activist in us”

Elumelu’s Heirs Holdings; a propriety Investment company, through Transcorp Power Limited has committed $2.5 billion to deliver 2,000 megawatts of electricity under the Power Africa Initiative. Already Transcorp Power is currently generating about 19% of Nigeria’s power needs with a target to increase capacity to 25% in the near future.

“Power cuts across and has impact on healthcare delivery, job creation, education, food security communications and all other sectors of the economy. It is unacceptable that 600 million Africans lack access to energy in the 21st century” Elumelu said.

The call in Washington DC, follows the joint letter to the U.S. Congress from Elumelu and President of Dangote Group, Mr. Aliko Dangote, on behalf of the African Energy Leaders Group (AELG), which they co-founded with other leaders in January 2015. The letter, similarly urged members of the U.S. House of Representatives to act swiftly and pass this critical piece of legislation to scale up U.S. efforts to help provide Africans with access to electricity.

In continuation of his advocacy for Africa, Elumelu also testified before the U.S. International Trade Commission on ‘The Future of the U.S.-Africa Trade and Investment Relationship’ on the same day. Chaired by Ambassador Michael Froman, the US Trade Representative, the Hearing is part of efforts by the U.S. government to put building blocks in place for the next phase in its economic relationship with Africa.

As a recognized African business and thought leader, Elumelu was invited to share ideas on how to enhance the U.S.-Africa trade and investment relationships beyond the preferential access to the U.S. market for Africa’s products under the African Growth and Opportunity Act (AGOA), to other tools like free trade agreements and investment treaties among others.

Speaking at the Hearing, Mr. Tony Elumelu said Africa does not need another trade agreement or preferential program and called for a new trade paradigm in the trade and investment relationship with Africa. He said “It is time to move beyond the unequal exchange of cheap raw materials for expensive finished goods that disadvantages Africa, to one that ensures technology transfer and sustainable economic development, huge economic returns for investors and creates new jobs for both sides.”

He proposed three approaches to achieving this; applying the principles of Africapitalism; focus on identifying and enabling specific value chains and promoting entrepreneurship. “Africapitalism can help shape the new trade paradigm because it requires governments, donors and the private sector to work together in “Shared Purpose” to ensure the creation of national plans and supporting policies around specific sectors and related targets, so the private sector can step in with capital and expertise geared to achieve those targets, be they tons of grain produced, megawatts of electricity generated or industrial parks created” he stated.

Apart from Elumelu, testimonies were also taken from Mr. Donald Kaberuka, Former President of the African Development Bank, Mr. Jim Kolbe, President JTK Consulting, Mr. Tom Hart, Executive Director, One Campaign and Mr. Scott Eisner, President U.S. Chamber of Commerce. Others included Senator Johnny Isakson, who said that AGOA has become a win-win for the U.S. and Africa, disclosing that a South African market for poultry products was opened from his home state of Georgia and Delaware on account of it.

Whilst stating that “Africa needs America, just as much America needs Africa” Froman in his remarks at the Hearing, said Africa’s next decades will be central to the global economy due to the rising number of African consumers. To shape the next American policy of engaging with Africa, he said the Office of the U.S. Trade Representative is talking with its African partners, with industry and civil society, with academia and the investor community, with foundations in the U.S. and Africa on the path forward.

“This input is critical as we prepare a public report for delivery to Congress in June this year that will layout a set of options and road maps for advancing the US-Africa trade and investment agenda” concluded Ambassador Froman.

Elumelu’s engagements in the U.S. comes after the recent visit by a delegation of members of Obama’s Presidential Advisory Council on Doing Business in Africa (PAC-DBIA), along with representatives of several U.S. government trade and investment-focused agencies. Led by the Honourable Penny Pritzker – U.S. Secretary of Commerce, they were on a fact-finding mission to Africa to inform their report to the U.S. President on recommendations to strengthen commercial engagement between the U.S. and Africa, which will result in mutually beneficial growth.

Elumelu hosted the delegation in Lagos, provided them an opportunity to interact and hear directly from young aspiring entrepreneurs drawn from the Tony Elumelu Entrepreneurship Programme (TEEP); an audacious initiative that provides seed capital, training, mentorship and a networking platform for 10,000 African entrepreneurs over a 10 year period. Endowed with $100million by the African Philanthropist, the programme, which commenced last year with 1000 beneficiaries, is currently in its second year with another 1000 beneficiaries from Africa, scheduled to participate and benefit from the novel entrepreneurship development program in 2016.

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Adaobi Alagwu is parading fake DNA Certificate  ….Tunde Ayeni 

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The controversy surrounding the paternity of the daughter of Abuja based lady Adaobi Alagwu has once again popped up in the media with her release of a DNA certificate which businessman, Dr Tunde Ayeni emphatically describes as not only compromised but fake.

 

In a press release, which he personally signed, Dr Ayeni noted: “This lady is being clever by half. She is haunted by her reckless past and is truly desperate. It is this desperation that is pushing her on this journey to infamy and ultimate disgrace.”

“It has become necessary to once again address the persistent and shameful campaign of blackmail, deceit, and defamation orchestrated by Ms. Adaobi Alagwu. When I say the certificate is fake, it is a position informed by indisputable facts. First, the result was meant to be out in five days. Later, a letter, purportedly from the centre, came pushing the date the result will be ready by two extra days. When we cross checked from the centre, they denied knowledge of the said letter and Indian name that signed it. At that point, it became crystal clear to us that the process has been compromised and that the outcome can not be genuine. We have since discovered other nefarious steps taken to come about the so-called DNA certificate.”

 

He said further: “Despite multiple public statements, legal affirmations, and sworn affidavits unequivocally denying any ties or paternity claims, Ms. Alagwu continues her relentless campaign of falsehoods. Multiple investigations revealed that Ms. Alagwu and her associates hacked into the email accounts of the accredited laboratory responsible for the actual DNA analysis. Their goal was to insert a falsified document to support her baseless claims. People are privy to these facts and in due course it’ll be presented to the appropriate authorities especially now that we are in court”.

 

 

The release noted: “For instance, it was not a mere coincidence that it was at the critical point in time when we were expecting the results that Google found out that the email we used had been compromised. At that point, we lost confidence in the process and the centre. It was then we requested for another DNA at another center, which the lady rebuffed” he added.

 

“Let it be stated clearly that:

* Dr. Tunde Ayeni has no marital connection to Ms. Adaobi Alagwu: This fact has been affirmed repeatedly in official legal documents, including a sworn affidavit.

 

* The child in question is not Dr Ayeni’s. Ms. Alagwu’s fabricated DNA result contradicts the legitimate, verified results that conclusively establish the absence of any biological relationship. At the appropriate time and place, this evidence will become public knowledge.

* This desperation will lead Adaobi nowhere. If she is confused about the true father of her daughter, she should invite her numerous dates for DNA tests.

 

* The ongoing blackmail and cyber-attacks boarders on criminal intents and legal actions are ongoing to seek full redress.

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Nifemi Temiloluwa Eitaio-Alao: Innovating in Furniture, Politics, and Community Service

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In a competitive market like Lagos, setting a furniture brand apart requires a unique approach. For Nifemi Temiloluwa Eitaio-Alao, this means prioritizing sustainable materials, innovative designs, and exceptional customer service. By engaging with local culture and incorporating traditional craftsmanship, he aims to create furniture that not only stands out but also resonates with the Nigerian identity.

 

Keeping up with industry trends is crucial in the furniture business, and Nifemi is closely monitoring key shifts such as the growing demand for sustainable materials, multifunctional furniture suited for urban living, and locally crafted designs that reflect cultural heritage. To adapt, he is focusing on sourcing eco-friendly materials, designing versatile pieces, and collaborating with local artisans to create unique offerings that blend modern aesthetics with traditional craftsmanship.

 

As a seasoned entrepreneur, Nifemi envisions a diverse product portfolio that caters to both residential and commercial spaces. His goal is to attract customers who value quality, sustainability, and distinctive design—young professionals, families, and businesses seeking furniture that combines elegance with functionality.

 

The rise of emerging technologies, including 3D printing, augmented reality (AR), and smart furniture, is reshaping the furniture industry. Recognizing the potential of these innovations, Nifemi is exploring partnerships with tech firms, investing in team training, and staying ahead of industry advancements to integrate these technologies effectively into his business.

 

Customer satisfaction is at the heart of his brand’s philosophy. He prioritizes clear communication, personalized service, timely delivery, and strong post-purchase support. By actively listening to customer feedback and responding to their needs, he fosters trust and loyalty among his clientele. To gather valuable insights, he leverages surveys, direct interactions, and social media engagement, ensuring that his products continue to evolve based on customer preferences and market demands.

 

Finding the right balance between aesthetics, functionality, and durability is key to creating high-quality furniture. Nifemi achieves this by selecting premium materials and employing innovative design techniques that ensure both beauty and longevity. Additionally, he manages customer expectations regarding delivery times and custom orders through transparent communication, setting realistic timelines, and keeping clients informed throughout the process.

 

Beyond his business pursuits, Nifemi remains deeply invested in his political aspirations. Having publicly expressed his ambition two years ago, he sees public service as a natural extension of his entrepreneurial success. With strong roots in Kwara State, he feels a growing responsibility to give back to his community. As the 2027 elections approach, he and his team are diligently laying the groundwork for his political journey. While he has yet to officially announce the office he intends to run for, he remains optimistic and eager to share more details in the near future.

 

As his birthday marks another milestone today February 14, 2025—a day that coincides with Valentine’s Day—Nifemi looks forward to celebrating with gratitude and giving back to those in need. He cherishes this annual tradition as an opportunity to reflect, offer prayers, and share his blessings. Surrounded by supportive friends, he anticipates a joyful celebration filled with love and appreciation.

 

Looking ahead to 2025, Nifemi is determined to push the boundaries of excellence in his entrepreneurial ventures, with a strong emphasis on sustainability, innovation, and community impact. He remains committed to transparency, ethical leadership, and advocating for policies that support small businesses and economic growth. For him, success is not just about personal achievement but about creating opportunities for others to thrive. With big plans on the horizon, he is ready to embrace the challenges and opportunities that the future holds.

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Just In: Afenifere leader, Pa Ayo Adebanjo is dead…

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Pa Ayo Adebanjo, a prominent leader of Afenifere, the pan-Yoruba socio-cultural organisation, is dead.
We gathered that the nonagenarian passed away on the morning of Friday, February 14, 2025, at his residence in Lekki, Lagos State.
He was aged 96.
The family confirmed his passing in a statement on Friday signed by Mrs. Ayotunde Atteh (nee Ayo-Adebanjo), Mrs. Adeola Azeez (nee Ayo-Adebanjo), and Mr. Obafemi Ayo Adebanjo.
He died peacefully this morning, Friday, February 14, 2025, at his Lekki, Lagos Nigeria home at the age of 96,” the statement read.
Adebanjo, a distinguished lawyer, former organising secretary of the Action Group, and the national leader of the Yoruba socio-cultural group, Afenifere, is survived by his 94-year-old wife, Chief Christy Ayo-Adebanjo, along with children, grandchildren, and great-grandchildren.
“We will forever cherish his commitment to fighting for truth, equity, and justice. His belief and struggle for a truly independent and progressive Nigeria was total, and this he fought for until he breathed his last breath,” the statement added.
The family also disclosed that consultations are ongoing with Adebanjo’s friends, associates, and various interest groups across Nigeria and beyond to finalise plans for a befitting funeral. Details of the funeral arrangements will be announced in due course.
A condolence register has been opened at his residence at 8, Ayo Adebanjo Close, Lekki Phase 1, Lagos, as well as his country home in Isanya Ogbo, near Ijebu Ode, Ogun State

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