Connect with us

News and Report

Tony O. Elumelu Launches Empowerment Fund to Revitalize Distressed Communities across Nigeria

Published

on

Tony O. Elumelu Founder of The Tony Elumelu Foundation and Chairman of Heirs Holdings has announced the launch of The Elumelu Nigeria Empowerment Fund. The Fund was launched by President Goodluck Ebele Jonathanof Nigeria,with the purpose of revitalizingthe economies of post conflict and disaster communities across Nigeria.

The Elumelu Nigeria Empowerment Fund was created out of the N2.5 billion donated by
The Tony Elumelu Foundation and Heirs Holdings companies. This donation was announced at the Presidential Fundraising Dinner for the Victims Support Fundin July 2014. Given to support distressed communities across Nigeria,N1 billion was immediately disbursed to the Victims Support Fund, while the remaining N1.5 billion now serves as the initial seeding for The Elumelu Nigeria Empowerment Fund.The Fund will focus on communities like those in the Niger Delta and Jos.

“Rehabilitating distressed communities will require interventions not just from the government, but also from the private sector.  Therefore, I am pleased to see that Tony Elumelu, one of our private sector leaders, stepped up in a big way – by making a major contribution to the Victim Support Fundand that his effort did not end there as he has now created The Elumelu Nigeria Empowerment Fund” said Nigerian President Goodluck Ebele Jonathan

Seeded and managed by The Tony Elumelu Foundation, The Elumelu Nigeria EmpowermentFund, a non-profit organization, will transform communities that have been ravaged by natural disasters, hazards and conflicts, into thriving and economically sustainable communities. The Fund will create opportunities and empower people in affected communities across Nigeria enabling them to rebuild their lives and businesses whilst instilling a sense of economic empowerment for the long-term.

In furtherance of Mr Elumelu’s commitment to supporting entrepreneurs across Africa, The Elumelu Nigeria Empowerment Fund will focus on encouraging the development of entrepreneurship in these affected regions through access to start-up funding, capacity building and mentorship.The fund will also support a range of initiatives in these communities, including projects that will tackle environmental issues, restore damaged infrastructure as well associal welfare projects. By helping to restore these communities the Fund will create the platform for a thriving entrepreneurial environment.

“By making social investments and grants available in select distressed communities across Nigeria, the Elumelu Nigeria Empowerment Fund will economically empower individuals and communities by creating and fostering an enabling environment that will support a new generation of entrepreneurs”said Mr Tony Elumelu, Founder, The Tony Elumelu Foundation and Chairman Heirs Holding. ”Entrepreneurs create jobs, opportunity, and wealth at the local level and in doing so, they play a vital role in reducing poverty and addressing a range of social issues that cause conflict and instability” Elumelu continued.

As the Fund works to economically empower communities, so will it work to sustain itself.  The Fund is managed by Katja Nwator, a staff of the Tony Elumelu Foundation withconsiderable community development experience and Niger Delta roots. With the support of a distinguished board and other donors, both domestic and international, the Fund will be impactful and sustainable. This will occur within a framework of accountability and best practice, to serve as a model for delivering development programmes to the communities that have been devastated by conflict or disaster.

The Elumelu Nigeria Empowerment Fund’s distinguished board members include:

– Professor Charles Soludo, former Governor of the Central Bank of Nigeria
– Hajiya (Dr) Mairo Mandara, Nigeria Country Director of the Bill and Melinda Gates Foundation
– Bishop Matthew Hassan Kukah of the Catholic Diocese of Sokoto
– Onari Duke, the MD of the Empretec Foundation
– Rasheed Olaoluwa, the CEO of the Bank of Industry
– Dr. Stanley Lawson, Director, Central Bank of Nigeria and Director, Transcorp Plc
– Dr. Winnie Byanyima, the Executive Director of Oxfam International

Speaking at the launch of the Fund, Board member Bishop Matthew Hassan Kukah stated, ”It is better to light a candle than curse the darkness. The Tony Elumelu Foundation has ignited what will definitely be a massive flame of hope to dispel the darkness that hovers around us. I am honoured to stand beside men and women with passion for our common humanity.”

To find out more information and to keep up to date with The Elumelu NigeriaEmpowerment Fund visit www.tonyelumelufoundation.organd follow the foundation on twitter @TonyElumeluFDN.

###

For all media enquiries contact Toyin Awesu
Email: toyin.awesu@tonyelumelufoundation.org Phone: 234-1-2774641-5

About the Tony Elumelu Foundation
The Tony Elumelu Foundation is an African-based, African-funded philanthropic organisation. Founded in 2010, our mission is to support entrepreneurship in Africa by enhancing the competitiveness of the African private sector.
We believe our work is driving lasting solutions that contribute positively to Africa’s social and economic transformation. Employing an integrated approach that utilizes impact investments, selective grant making, and policy development, we seek to influence the operating environment so that entrepreneurship in Africa can flourish.
Website: www.tonyelumelufoundation.org Twitter @TonyElumeluFDN

Continue Reading
Advertisement

News and Report

Beware of fake Oxycontin in circulation, NAFDAC warns public

Published

on

By

The National Agency for Food and Drug Administration and Control has alerted the public on falsified Oxycontin 80mg (oxycodone hydrochloride) which it says was detected in an unregulated market in Switzerland.

The public alert with No. 07/2025 was uploaded on the agency’s website on Thursday.
The agency said the issue about falsified medicine was reported to the World Health Organisation by the genuine manufacturer, MUNDIPHARMA, in February.

It said the falsified product imitated the genuine OXYCONTIN 80mg authorised for sale in Poland, adding that the genuine OXYCONTIN (oxycodone hydrochloride) is a semi-synthetic opioid indicated for the treatment of moderate to severe pain.

It said laboratory tests of samples for the falsified product were conducted by the Drug Information Centre in Zurich, Switzerland, and that WHO, DIZ’s drug-checking service determined that the tablets did not contain oxycodone but a synthetic opioid likely to be a nitazene compound.

According to NAFDAC, Nitazene derivatives (e.g., metonitazene, isotonitazene, fluonitazene) are potent synthetic opioids, primarily used in research due to their high addiction potential and severe side effects.

It said these substances could be hundreds of times stronger than oxycodone, posing a high overdose risk, stressing that limited information is available on their risks, toxicity, side effects, and long-term consequences.

“The identified product in this alert is confirmed as falsified on the basis that it deliberately/fraudulently misrepresented its identity, composition, or source.

“The falsified product imitates OXYCONTIN 80mg manufactured and marketed by MUNDIPHARMA in the Polish market. MUNDIPHARMA has confirmed that the product was falsified and was not produced by their company.

“This falsified product has been found to contain undeclared nitazene compounds, which pose a significant risk due to the high likelihood of adverse events, even in small doses. Nitazenes produce similar effects to other opioids.

“Their high potency carries a high risk of overdose and death. Using nitazene derivatives has been linked to several deaths.

“Mixing them with other depressants like alcohol or benzodiazepines can be very dangerous, leading to severe effects like respiratory depression, low blood pressure, coma, or even death,” NAFDAC said.

It said that this falsified product posed a particular risk to individuals with substance use disorders who might perceive this falsified product as a safe and quality-assured medicine.

NAFDAC said that visible discrepancies were observed on the falsified product such as the placement of the batch and expiry dates on the counterfeit product were incorrect.

It added that the falsified product batch and expiry date are visible on the front side of the blister strip, adding that genuine OXYCONTIN has the batch and expiry date visible on the back of the blister strip.

NAFDAC stated that on the falsified product, the expiry date is on the left and the batch number is on the right, pointing out that genuine OXYCONTIN has the batch number on the left and the expiry date on the right.

According to NAFDAC, all its zonal directors and state coordinators have been instructed to conduct surveillance and retrieve any falsified products of this medicine found within their zones and states in Nigeria.

It said that importers, distributors, retailers, healthcare professionals, and consumers are hereby advised to exercise caution and vigilance within the supply chain to avoid importation, distribution, sale, and use of falsified OXYCONTIN tablets.

NAFDAC said that all medical products/ medical devices must be obtained from authorised/licensed suppliers, stressing that products’ authenticity and physical condition should be carefully checked.

It advised healthcare professionals and consumers to report any suspicion of the sale of substandard and falsified medicines or medical devices to the nearest NAFDAC office, or call NAFDAC on 0800-162-3322 or via email: sf.alert@nafdac.gov.ng.

It said that healthcare professionals and patients are also encouraged to report adverse events or side effects related to the use of medicinal products or devices to the nearest NAFDAC office.

NAFDAC said that healthcare professionals and patients could also report to the agency through the use of the E-reporting platforms available on the NAFDAC website www.nafdac.gov.ng or via the Med- safety application available for download on android and IOS stores or via e-mail on pharmacovigilance@nafdac.gov.ng

NAN

Continue Reading

News and Report

Rivers emergency rule: Why I walked out – Senator Dickson opens up on what happened at Senate close section

Published

on

By

The lawmaker representing the Bayelsa West Senatorial District, Senator Seriake Dickson, has revealed that he walked out of the red chamber on Thursday following a heated argument regarding the approval of the State of Emergency in Rivers State.

SOCIETY REPORTERS reports that the Senate on Thursday approved the emergency rule and the six-month suspension of Governor Siminalayi Fubara, his deputy, and all the state lawmakers, as declared by President Bola Tinubu on Tuesday.

During the Thursday plenary, Senator Dickson, who stiffly opposed the proclamation, had a brief argument with the President of the Senate, Senator Godswill Akpabio, before the House proceeded to a closed session.

In a statement on Friday, Senator Dickson revealed that he raised his “objections in the closed session on how the declaration fell short of constitutional prescription based on my views as a Democrat, sworn to uphold the Nigerian constitution.”

The lawmaker also revealed that though the Senate did not undertake the debate in an open session, “it was quite robust.”

The former governor of Bayelsa State listed Senators Waziri Tambuwal and Enyinnaya Abaribe among those who kicked against the proclamation.

Part of the statement reads: “I left the plenary before the Senate President was directed to report the outcome because I didn’t want to be present while what I opposed was being reported. I believe Senator Tambuwal, Senator Abaribe, and others also left.

“I want to make it clear that, as I stated repeatedly, I spoke and voted against the proclamation in our closed session, supported by Senator Aminu Tambuwal and a few other senators who were not recognized to speak.

“And so I want to thank all the senators who shared the view that I vigorously canvassed.

“I am, however, aware of the efforts made to modify the declaration as a result of the concerns and views we have expressed and canvassed over the past few days.

“Though I acknowledge the effort being made by the leadership and the President to moderate the terms of the declaration and to create a mechanism for oversight, theoretically, this does not counter the primary issue of constitutionality.

“The beauty of democracy is such that the minority will have their say while the majority will have their way.

“I would have wished for a more robust and open debate so that all views and opinions could be openly canvassed, as I requested even at the closed session specifically, and thereafter, the majority could have their way. But as it is, both chambers have decided, and the ball is now in the court of the other arms of government, especially the judiciary, in the event of any challenge.”

Continue Reading

News and Report

Just In: Court restrains INEC from receiving petition for recall of Natasha

Published

on

By

The Federal High Court, Lokoja, has granted an interim injunction restraining the Independent National Electoral Commission, INEC, from receiving petitions for the purpose of initiating a recall process against Senator Natasha Akpoti-Uduaghan.

SOCIETY REPORTERS reports that the push to recall the suspended senator intensified on Thursday, with more groups in Kogi Central throwing their weight behind the process.

However, a group of Ebira indigenes refuted the claim that the recall process was being sponsored and influenced with money by Akpoti-Uduaghan’s political opponents.

Nevertheless, the court, which gave the order on Thursday, also restricted INEC staff, agents, privies, or assigns from accepting or acting on any petition containing fictitious signatures of purported members of the Kogi Central Senatorial District and from conducting any referendum pending the determination of the motion on notice to the same effect.

The court, according to the order paper made available to newsmen on Friday morning, granted the application following an ex-parte application for an interim injunction supported by an affidavit of extreme urgency.

The court processes were sworn to by Anebe Jacob Ogirima for himself and four others who are registered voters and constituents of the Kogi Central Senatorial District of Kogi State.

However, the application was moved by Smart Nwachimere, Esq., of West-Idahosa, SAN & Co., but the case has been adjourned to May 6, 2025, for a report of service and further mention.

Reacting to the development, a pressure group, Action Collective, commended the judiciary for granting the order.

The group’s coordinator, Dr. Onimisi Ibrahim, said in his reaction that the order would further expose the impunity of some sponsored individuals behind the failed plot to recall Senator Natasha.

Continue Reading

Trending