Connect with us

News and Report

The Media can make or break economy, says Bunmi Oke. President AAAN



Bunmi Oke is the President of Association of Advertising Agencies of Nigeria (AAAN) and the representative of the industry at the national conference going on in Abuja. Aside all that, she is the Chief Operation Officer/Executive Director of 141 Worldwide, an advertising service company. She recently clocked 50 having put in 28 years in the industry.
In this interview with GODDIE OFOSE and REGINA WHENU in her office in Lagos, Oke speaks on the role of the media in building business and nation, and on how Nigeria will remain one of the most attractive markets for foreign direct investment.


With all sense of responsibility and humility, there is a subject called crisis management. And if it wasn’t a difficult situation, it wouldn’t have to be a subject of research on its own. One unfortunate thing about any crisis is that nobody knows how they are going to act because you cannot rehearse or prepare for a crisis.
Some people are experts in crisis management because they’ve managed so many. The reaction and the time must be looked at because it’s a new problem which nobody has encountered before in the history of Nigeria.
I don’t think anybody prepares for crisis in this part of the world. Advanced nations have learnt that they need to prepare for crisis management but we are yet to learn.
There is need for a new level of communication management. Appropriate method of reaction to crisis situations and the communication strategy to handle these periods must be implemented. The National Emergency Management Agency (NEMA) must step up its game by educating Nigerians on how to prepare for crisis management.
An average individual cannot just handle communication crisis. You need a team of professionals to do this. We do not realise how important communication management is during any challenge in the country. Foreign intervention so far, even in terms of measurement of achievement, is not much. But the difference is that they are communicating what they are doing daily.
Look at the Malaysian Airline crash. Nothing has happened since that day, they still have not found even a bicycle spoke, but they’ve managed the emotions of the people, families of victims and everyone around the world because of adequate communication strategy. Now, people are prepared for the worst. Everybody dreads the unforeseen, but it is well managed. That has been communication management.
We are at a level in Nigeria where we’ve got to start doing things professionally. It looks like everybody can do that, but no, you need to have professionals.

How best can the government address insurgency, especially in respect of security information?
We need to be frank and match ourselves with countries that have fast-tracked development, like Dubai, which took a conscious effort. They are now marketing those countries in such a way that would make them attractive. It is driven both by the government and private sector. We must remember that there is collective effort in security in the sense that everybody must be their neighbour’s keeper.
We must not turn a blind eye when things happen. There should be a national re-orientation for citizens and the government at all levels where everybody takes up the responsibility to be informal ambassadors. If people meet, what impression would I create in their minds? You must be an informal ambassador of your country, of yourself, of your local government and of course of your state.
And until we all take up that mantle to say I must play my part, the government cannot do everything. By doing the right thing, the government can also be forced to take responsibility at their own level by the time we take up our own.
You don’t see most foreigners talk negatively about their country, yet their countries are not perfect. You see foreigners coming here on a daily basis. They were all here at the World Economic Forum, which got negative publicity because of insecurity in the country.
The government will do its best, people will come because risk is part of life, but my point is, if it was so bad there must be something good. In every situation, something good will come out of it.
That is why I say the media is powerful. The media has the power to make or break any business or country. The media should embark on a conscious campaign to rebuild Nigeria. Besides, media marketing communications also have a huge role to play. We can write the copy line, media can do the press releases; we can work with government to expose these materials. This conscious effort would produce good result for us instead of waiting for the government all the time.

How close are we to that Nigerian dream?
I have no prophetic capability, so I cannot answer that question categorically. Many things defy the odds. When people say this is how things are done globally, you find out that it defies the odds here.
For instance, it is only in Nigeria that a 36-year-old is still referred to as youth. You will see a man who is 75 years old, who will say he is just starting life when he should be in the departure lounge.
In all sense of responsibility, I think united we stand, divided we fall. When the house is not united, you cannot do anything. I think we should wait and let time tell, because who would have believed that Chibok was going to be a global issue. It has brought out our humanness; it has brought out the importance of the media, the importance of digital technology, and borderless communication, and so many things.
As time goes on, many Nigerians will understand the power of social media, and by the time we get to conclusions, and it is an open discussion, Nigerians will take up the topic they agree with or don’t agree with. Those days when you put things under the table are gone, that is why proceedings are done in the open. Everybody finds out that you are speaking not just for yourself.

Why are there no mergers and acquisitions in advertising when banking, oil and gas, manufacturing and other sectors thrive on them?
We shouldn’t take any industry in isolation of its growth chart. Just like in marketing. Look at the life cycle of advertising in Nigeria, let’s face it, a lot of the pioneer advertising have been individuals. They are entrepreneurs who have paid their dues. Therefore if you build something, it’s unlikely that you want to let it go just like that. It’s the sentiment.
In other countries the life cycles of the companies are different. They’ve come to a point when they realise that united we stand, divided we fall. They’ve realised that a one man-business normally dies with that person. That’s why you find out that a lot of the multinationals have passed from two or three generations to what they are today. They are not in the first generation of the owners, so to speak. The life cycle of different countries reflect on that type of thinking.
As we all get to the middle age and start moving up, the thinking is going to change. In digital technology, we are going to see a new crop of thinking that might be totally different. Things are going to change. There are still going to be multinational and local industries that require the services of marketing communications consultants.

How has marketing communication faired in the past three decades?
I started my career in Grant advertising at 22, and if I’m going to be 50, that means one way or another I’ve been in the industry for 28 years. I only took a break, a biological break when I had my children. I have always been in media and marketing communications.
One thing I have learnt is that our industry is very much dynamic. You have to always change with the time to remain competitive. The education you have today is only going to be valid for two years, not to talk of now with digital technology. The point I’m bringing out is that I learnt two things. Always try and anticipate the need to develop yourself at any point so that you can be relevant. You must be consistent with what goes on. The body will age, but the brain does not have to age. So to keep the brain youthful, you have to keep in touch with reality. Dynamism is what determines this industry.
The second thing I discover is that if you want to play, I always like the idea of playing at the international level but with local knowledge. And that has been a personal dream. I want to be able to go to anywhere in the world and fit in. This means that I have to keep myself abreast of communication language.
The other part I also discovered is that you need very much to be a good team player to be able to evolve. I have had the opportunity to work with different people and discovered that everybody has individual skills that are harnessed when the strength is brought together. If somebody is a good copywriter and doesn’t have a product to sell, he will languish in the dark.

Is the advertising industry immune to falling standards?
We have to be careful, because standard can be misconstrued. In marketing communication, we must evolve communication plans that help to project the businesses, services and products that have a brand issue or a communication issue at hand. Don’t forget that businesses are also evolving. When you say falling, it could be relative and that is why I find it very difficult to answer your question.
For instance, more people attend school now in Nigeria; but in terms of quality, written and spoken English, three decades ago, if somebody finished Standard Six in Nigeria, they would write very good English. Now you have people who are leaving university who cannot construct good sentences in English. And they would say more people are now getting tertiary education.
I have my personal standards, but that does not mean it is something that must come across the board. For example, I do not like to use fingers to eat food like eba and amala, and it’s not a matter of being posh. I just don’t want the thing to get stuck in my fingers because I keep long nails.
Professionalism is what I like to measure against world class standard. That is in terms of delivery, turn-around time and ability to solve problems. It doesn’t mean that the materials that come from the UK are necessarily the material that would fly here. But we can meet some certain basic standards.

What is the industry’s position at the confab?
For now, what we are trying to do is let the government understand the need to use marketing communication services to market Nigeria for greater development, and that starts by using the mixture of both professionals and those who work in communication mix to come together and reposition Nigeria. Without it, there is nothing we would do.
Whatever the government comes out with, I still believe it is critical to have an organ of government that has established marketing communication. For instance, every embassy should be a marketing outlet for Nigeria, and we must also have a unified structure there. Even our orientation campaign should be internally generated.
So there is a lot of work to be done, but professionally. Let’s borrow a leaf from what the multinationals do when they are launching a new product, they see it as a business which must bring in returns. Why can’t we see Nigeria as a business, and do everything to re-position it so that it can bring in the much-needed returns?

Continue Reading

News and Report

More Troubles For Dangote Cement As Kogi Govt Demands 10 Per Cent Share, Orders Immediate Seal Off



However, Dangote Cement is facing allegations of sharp practice from Kogi State government, Kogi Assembly as well as Akwa Ibom State.Already, the Kogi State House of Assembly has ordered stoppage to the activities of the company in two Local Governments in the State while investigations continue.

To make the claim possible, Kogi State House of Assembly ordered the management of Dangote Cement company to provide all necessary documents that have to do with the transfer of Obajana Cement Company owned by Kogi state government to Dangote Cement Company.

The House also directed that the documents signed at the establishment of the Company and relevant receipts of dues it claimed to have paid to Kogi State Government available at the next adjourned sitting date.

The speaker of Kogi State House of Assembly, Matthew Kolawole, gave the order after interim reports of the ongoing investigative hearing on Internally Generated Revenue (IGR) which was submitted by the ad hoc committee led by Hon. Isah Tenimu Umar, Member Representing Lokoja I Constituency and deliberated upon at the plenary on Wednesday.

Kolawole said this has become important in view of the claims and counterclaims between the Chairman of Kogi State Internally Generated Revenue Service (KGIRS) and representatives of Dangote Cement as the acting chairman of KGIRS, Salisu Enehe had earlier accused Dangote Cement Plc Obajana of forging its tax receipt during the investigative hearing by the State House of Assembly.

According to the State Revenue Boss, most of the figures the company claimed to have paid are totally incorrect, urging the company to check its record.

He added that despite the billions of Naira that company is making from the state monthly, it has failed to pay taxes that are due to the state and Lokoja Local Government Area.

Nigerians Getting ₦1,593,247 Per Week From ₦99,000 Investment in Amazon
Nigerians Getting ₦1,593,247 Per Week From ₦99,000.

In another development, Following the unrestrained environmental degradation in Ankpa and Olamaboro local government areas, Kogi state House of Assembly on Wednesday, directed the Commissioner of Police and Commandant of the Nigeria Security and Civil Defence (NSCDC) to seal off operations of Dangote Plc in the affected areas of the State.

The House gave the order during a public hearing on activities of Dangote Group in the state, especially on the the massive exploitation , environmental degradation and non compensation to the affected owners of the land and without revenue accruing to the state government.

The Speaker, Kogi state House of Assembly, Mathew Kolawole, charged the NSCDC commandant to ensure immediate implementation pending when the ad hoc committee on revenue clarifies some grey areas. Kolawole, who lamented the environmental degradation caused by mining activities on Kogi by the Dangote group and its subsidiaries, accused the multi national business concern of making billions in the state but yet fails to give back to it.

Akwa Ibom is also finding it difficult to collect its entitlement from the Dangote Group. According to reports from the place, the Itu Local Government blocked Dangote premises with their trucks because the company has refused to pay tax for more than two years despite pleas and series of warnings.

Continue Reading

News and Report

Union Bank, WACOT Rice Kick Off Financial Inclusion Drive for Smallholder Farmers in Kebbi



As part of Union Bank’s commitment to driving financial inclusion in Nigeria, the Bank has partnered with WACOT Rice Limited – a rice processing company, to financially include 6,000 local farmers including youth and women in Kebbi State.
The Kebbi Financial Inclusion Drive (KFID) which will cover four Local Government Areas – Argungu, Augie, Suru, and Dandi – is a critical part of WACOT’s Argungu Outgrower Expansion Project funded by United States Agency for International Development (USAID) West Africa Trade Hub. This program is set to resolve the overwhelming financial inclusion deficit within rural communities in Kebbi.
The financial inclusion initiative is being implemented with technical support from National Identity Management Commission (NIMC), to help the farmers acquire the relevant documentation and identification required to open bank accounts.
Union Bank will facilitate account opening and expand its agency banking network to cover the areas while supporting its agents on ground with digital banking solutions to enable seamless transacting and account management.
Farouk Gumel, Chairman WACOT and Board Chair, Union Bank was on ground in Kebbi State to kick-off the drive and paid a visit to the Kebbi state Governor, Senator Abubakar Atiku Bagudu to discuss expanding the programme state-wide.
In his recent keynote address at the recently concluded and  Chartered Institute of Bankers of Nigeria (CIBN) Conference, Mr. Gumel said:
 “As we work towards achieving financial inclusion to reach the unbanked, we must commit the same resources and investments to rural-local customers as we have done to urban-global clients to help create the growth that will lift us all to collective prosperity.”
WACOT Rice is a subsidiary of TGI Group. TGI Group, through another of its subsidiary Titan Trust Bank, recently acquired Union Bank in a landmark transaction which was announced in 2021.

Continue Reading

News and Report




In partnership with FirstBank – Nigeria’s premier and leading financial inclusion services provider – Verve International, Africa’s leading payment technology and card business, has launched its third National Consumer promo designed to reward users of FirstBank verve card with exciting gifts and cash prizes to appreciate their patronage and use of the card to carry-out their electronic banking transactions.

The ongoing 2-month promo will end on 30 October 2022 as 20 customers (10 customers per month) with the highest transaction count during the promo will be made millionaires, winning the sum of N1 million each. Also, N20,000 will be won by 25 customers monthly.

On the other hand, 2620 FirstBank verve cardholders that double their transactions every week, stand a chance to enjoy 10% cashback capped at N2,000 per customer.

Speaking on the promo Chuma Ezirim, Group Executive, e-Business & Retail Products, FirstBank said “we appreciate our partnership with Verve Card through the years; a partnership of empowerment and opportunities which include growing the economy, supporting new businesses and preventing unemployment. FirstBank verve card holders are encouraged to keep using their cards as it is a card offering that promotes safe, convenient and rewarding digital banking experience with 20 customers standing a chance to be millionaires at the end of the promo.”

Verve card is a secure debit card that allows cardholders to conveniently meet their daily financial needs such as payment for goods and services, airtime recharge, bill payments, funds transfer, etc. Verve card is accepted across all ATMs, POS, Web and Mobile Platforms in Nigeria.

The promo is also opened to new verve cardholders as non-verve cardholders are encouraged to visit the nearest FirstBank branch today to pick up a Verve card and start getting rewarded!

Only recently, FirstBank – in partnership with Verve – rewarded over 2601 FirstBank verve cardholders with various prizes; including N20,000 cash prize, N10,000 cash prize, N10,000 worth of airtime; power generating sets, refrigerator, cooking gas, smart TV and the grand prize of a brand-new car to a lucky winner.


Continue Reading