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NIGERIAN BRITISH CHAMBER OF COMMERCE PROMISES TO LEAD POSITIVE PERCEPTION CAMPAIGN FOR COUNTRY

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The Nigerian British Chamber of Commerce has called on the international community to give Nigeria all necessary support in the country’s fresh attempt at re-inventing its socio-economic fabric.

Worried by the continued negative perception of Nigeria abroad in spite of some unfolding positive strides being achieved by the new administration, the Chamber has therefore promised to engage Nigerians in Diaspora towards correcting the wrong perceptions about the country, especially in the British society and its media.

Speaking during the inauguration dinner of the 14th executive council of the Chamber in Lagos last weekend, newly installed President/Chairman, Prince Adedapo Adelegan decried how, often times, global attention on Nigeria, Africa’s biggest economy, promotes pessimistic beliefs of wars, strife, low return on investment, unfriendly business environment and scams.

He said NBCC would soon unfold a programme of action aimed at deploying different platforms of engagement that would include commissioned documentaries, cultural road shows and establishment of legacy economic activities to assist to re-create Nigeria’s image.R-L: Coordinator, Directorate of Public Private Partnership, Ondo State Governor’s Office, Prince Adenekan Olateru-Olagbegi, representing the governor; Chairman of the Event, Mr. Fola Adeola, OFR; Lagos State Deputy Governor, Mrs. Oluranti Adebule; President/Chairman, Nigerian British Chamber of Commerce (NBCC), Prince Adedapo Adelegan and his wife, Abimbola, during the inauguration dinner of the 14th president of the Nigerian British Chamber of Commerce, held in Lagos…at the weekend.
The new NBCC president noted that the Chamber was established in 1977 to promote trade and investment between Nigeria and Britain with particular emphasis on enhancing relationships towards building critical infrastructure that would support Nigeria’s economic growth, especially in the agriculture sector.

While calling on the country’s political leadership to chart a progressive path for the future, Prince Adelegan observed that India remained a good example for Nigeria to emulate. He said India has continued to make strategic investment in critical areas of its economy, thereby securing superior design and engineering know-how that has supported the local manufacturing industry and transformed the country into a major industrial nation.

He added that for Nigeria to achieve her dream of economic transformation, all critical stakeholders must pool efforts to install technology that is important as a foundation for the future of the economy.  “We will need FDI from UK, but will also encourage Nigerian investment in that country because the vibrancy of our entrepreneurial spirit will ultimately define the place of Nigeria in the next frontier of global economy”, he said.

The Chamber, he further posited, would move closer to government to contribute positively in ensuring that the right policies and momentum are generated for development.

As a step to engaging government further, he said the Chamber has inaugurated the Abuja chapter and “we are considering the creation of Public membership sector category within the Chamber to ensure that the partnership that is required to move the economy forward is achieved”.

Adelegan also revealed that the Chamber has concluded arrangements for the establishment of an academy and SME support center in partnership with a leading vocational training center in UK.

Congratulating the new NBCC president and his team, the governor of Lagos State, Akinwunmi Ambode who was represented by his deputy, Oluranti Adebule said the trade relationship between Britain and Nigeria has been greatly beneficial over the years.

According to him, “With increase in trade volume from 1.42 billion pounds in 2010 to over 7 billion in 2012, Nigeria ranks high as UK’s second trade partner on the continent after South Africa. The role of NBCC in the growth of this bilateral trade cannot be over emphasized”.

He said Lagos has always been the greatest beneficiary of the trade relations between Nigeria and UK which has contributed to the state’s GDP of $136 billion as well as her rising profile as a globally acknowledged mega city.

Governor Ambode expressed the hope that the new NBCC executive council would help attract more business to Lagos. He assured the business community of making ease of doing business a pleasurable experience, adding that his efforts in the last few months have been focused on improving infrastructural development and strengthening the capacity of security agencies to guarantee safety.

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Lagos Lawyer Gboyega Adetunji Delves Into Agriculture, Floats Abundish; A Revolutionary Farm-To-Table Outfit

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Barrister Gboyega Adetunji, a Lagos-based renowned legal practitioner, has ventured into agriculture with the launch of Abundish, a revolutionary farm-to-table service aimed at transforming how Nigerians access fresh, high-quality, and healthy farm produce.

 

Abundish is committed to offtake directly from farmers and supply to consumers promoting sustainable agricultural practices, and ensuring fair market value for produce.

 

The innovative platform offers a subscription-based model, allowing customers to customize their experience and receive curated selections of fresh, seasonal produce delivered conveniently to their homes.

 

“I’m thrilled to embark on this new journey, combining my passion for sustainable living and community development,” said Barrister Adetunji, Founder and CEO of Abundish.

 

“Our goal is to empower farmers, support local economies, and provide healthy, fresh produce to consumers while reducing food wastage and promoting sustainable practices.”

 

“Abundish is more than just a bridge,” says Barr. Gboyega Adetunji.

 

“We are a movement bringing fresh, high-quality produce whether cash or food crops directly from the farm to the end consumer, cutting out unhygienic produce, reducing landing costs of produce, and the convenience of doorstep delivery it affords our customers. This does not only benefits our customers, but also supports sustainable agricultural practices, grows the naira and local economies, and also empowers the farmers who nourish our communities.

 

Reacting to what inspires his diversification, Barr. Gboyega said “I’d always wanted to have my little farm that can cater for at least 80% of my consumption, but then I realized how impactful it would be if this practice could be extended to others, hence the creation of the Abundish brand”

 

When asked what sets Abundish apart from its counterparts, Barr. Gboyega said, “Abundish offers a unique subscription model, allowing customers to customize their experience and receive a curated selection of the freshest seasonal produce delivered conveniently to their homes. By bypassing traditional distribution channels, Abundish reduces food waste, ensures peak freshness for consumers and the amount of time doing tedious work of purchase and clean up”.

 

“Abundish offer fresh farm produce at fair market value, championing food security with sustainable practices” he added.

 

At Abundish, we are not just passionate about delivering farm-fresh produce, we are committed to creating a positive impact on our world. That is why we operate with the UN Sustainable Development Goals (SDGs) in mind, striving for a more sustainable, equitable, and food-secure future.

 

Join The Abundish Movement, visit www.abundish.info to learn more about Abundish, and subscribe to receive the freshest produce delivered at your convenience.

 

Follow Abundish on social media platforms for behind-the-scene farm footage, exclusive offers, recipes, and our social impact initiatives.

 

X (Twitter) – @abundish

 

Instagram – _@abundish

 

Facebook – Abundish

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US-based Nigerian Jailed 41 Months For Operating Illegal Money Transmitting Business; Funds Wired To Lagos Bank

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A Nigerian man based in the United States Oluwafemi Osinowo has been sentenced to 41 months in a federal prison after he was convicted of operating an illegal money transmitting business.

 

U.S. Attorney Ronald C. Gathe, Jr. in a press release issued by the U.S. Attorney’s Office, Middle District of Louisiana on Monday, announced that Chief Judge Shelly D. Dick also sentenced Osinowo, 35, of Miami, Florida, to three years of supervised release following his term of imprisonment.

 

According to admissions made as part of his guilty plea, from December 2016 to January 2019, Osinowo operated an unlicensed money transmitting business.

 

He confessed that he conducted foreign currency exchange business without complying with required federal registration requirements.

During the course of operating the business, money was transmitted from third parties from the Middle District of Louisiana and elsewhere to bank accounts located in Miami, Florida.

 

Once the money was in the bank accounts in Miami, Florida, an individual acting as an agent of Osinowo’s business wired the money to a bank in Lagos, Nigeria. Those wire transfers included approximately 51 separate transmissions in the aggregate total of approximately $722,177.

 

 

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‘Stolen’ $6.2m: What Emefiele Told Us In Kuje Prison – Investigators

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One of the investigators handling the case of $6,230,000 allegedly stolen from the Central Bank of Nigeria (CBN) on February 8, 2023, has revealed what Godwin Emefiele, immediate past governor of the apex bank, told them at Kuje prison.

The former CBN governor, who is standing trial on an alleged 20-count amended charge, preferred against him by the Economic and Financial Crimes Commission (EFCC), was once remanded at Kuje prison.

He was alleged to have engaged in criminal breach of trust, forgery, conspiracy to obtain by false pretence and obtaining money by false pretence when he served as central bank chief.

In an affidavit filed before a Federal High Court in Abuja, one of the investigators, a Deputy Superintendent of Police, gave details of investigators’ findings and progress made so far.

The Deputy Superintendent of Police was quoted to have said: “We visited Kuje Correctional Centre, where we interviewed Godwin Emefiele, who purportedly approved the memos authorising the payment, as then CBN gov and he denied seeing, talk less of approving such memos.

“We also arrested some concerned staff of the Central Bank of Nigeria, who denied any involvement in the crime, before we finally arrested Bashirudeen Maishanu, who corroborated the account of Abdulmajeed Muhammad and further confessed to have been involved in the crime which, according to him was perpetrated by himself and the first to third defendants/respondents – Adamu Abubakar, Imam Abubakar and Odoh Eric Ocheme.

“Bashiru Maishanu further confessed that himself, the first and second defendants/respondents (Adamu Abubakar and Imam Abubakar) shared the sum of $2,500,000.00 from the stolen money, while the third defendant/respondent (Odoh Eric Ocheme), being a fellow staff of the Central Bank of Nigeria, kept the balance of $3,730,000.00 claiming that he had other interests to settle in the CBN.

“Bashirudeen Maishanu further confessed that both himself, and the first and second defendants/respondents jointly invested the United States dollars equivalent of the sum of N1, 440,000,000.00 into real estate business of Afrolyk Global Ltd.

“The Managing Director of the said Afrolyk Ltd, Aminu Lawal has been arrested and he confirmed the investment by Bashirudeen Maishanu, Adamu Abubakar and Imam Abubakar, and already refunded the sum of $200 000 00 to the Special Investigator’s team as part of the money he (Aminu Lawal) received as part of the purported investment.

“Cash of about $400,000 00 has also been voluntarily returned by Bashiru Maishanu from part of his remaining share of the money in question. The money (the $6,230,000) was received in cash from the Central Bank at Nigeria and also shared in the same cash by the defendants/respondents and others, making it difficult to trace the monies without arresting the defendants/respondents.

“It was later revealed that the third defendant – Odoh Eric Ocheme – was the Personal Assistant to Godwin Emefiele as the CBN governor while the first and second defendants (Adamu Abubakar and Imam Abubakar) are businessmen and associates of Bashirudeen Maishanu.”

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