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Parents, Students Extol Red Star Express Scholarship Programme
Mrs Margret Charles, a mother to one of the beneficiaries of the Red Star Express Foundation scholarship award, has expressed appreciation for the Corporate Social Responsibility of the logistics company to its immediate community.
She spoke at the fund presentation ceremony held in honour of recipients of the scholarship award in Lagos recently.
Speaking on behalf of the other parents, Mrs Charles said, “Red Star Express through this scholarship program has not only changed the story of our children but that of the parents as well. The program has helped our children to believe more in their ability; that they can be anything they want to become through hard work and dedication. My son Charles now believes so much in himself and is not afraid of competition.”
The excited mother, whose son, Victor Charles was 2013 one-day chairman as a result of winning the Local Government annual Spelling Bee, attributed her son’s recent academic performance to Red Star Foundation Scholarship.
According to her, “ever since my son won the scholarship, he has continued to win one competition after another, including the spelling bee for Local Government. It is not about the money, which I consider the least of the benefits, it is the confidence and motivation it gives to our children. It has brought the best out of them because they know that they cannot afford to disappoint their sponsors”
Mr Muyiwa Olumekun, executive director of Red Star Express, spent some time listening to the students talk about their dreams and aspirations in life, commending them for their exceptional academic excellence urged them to always remember that they are the future.
He added, “The path to greatness is not easy, sometimes it’s rough. You must remain determined and passionate about your dreams. Passion and hard work will keep you on the track. That is why world champions don’t give-up on winning even when they have made so much money; they keep winning because they have passion for what they do.”
Olumekun also restated the commitment of Red Star Express to remain true to its promises.
“As a company, we believe in giving back to our host community and the larger society. The Red Star Foundation is one the platforms through which we express our corporate social responsibility and we are excited that our little effort is having positive impact on the lives of young people.”
The company also re-introduced the Red Star Scholarship mentor-mentee relationship by appointing some of its key managers to mentor each of the awardees.
“We believe that as young people, these students need a lot of guidance outside their teachers and parents. We are happy that some of our key managers have graciously volunteered to build mentorship relationships with these young people to help nurture them in every way possible as they make their ways to greatness.”
One of the awardees, Miss Joy James of Mafoluku Grammar School, a science student who wants to become a Gynaecologist, spoke on behalf of the students. She said, “Thank you Red Star Express for being so supportive of our dreams and ambitions. Your contribution has really gone a long way to ease the burden on our parents and we are also motivated to give our very best.”
The Red Star Express established the Foundation in 2004 with the objectives of expressing its social responsibility to the host communities; leveraging on its corporate goodwill, demonstrating its core value for the benefit of the society and encouraging excellence, diligence and integrity among secondary school students. Red Star Express appropriates 0.5 per cent of its profit after tax towards the running of the “Red Star Foundation annually”.
Telecommunications services provider, Globacom, has admonished Nigerian workers to reflect on more ways of contributing further to the growth of the country.
In a solidarity message on the occasion of the 2024 International Workers’ Day, the company noted that Nigerian workers were resilient in spite of the challenges they encounter in the course of discharging their duties.
The telecommunications giant further noted that the story of Nigeria cannot be adequately chronicled without acknowledging the immense contributions of workers, both in the public and private sectors.
The day is observed on May 1 yearly in recognition of the contributions of workers all over the world and to advance fairer and more sustainable future by advocating for workers’ rights.
“We salute Nigerian workers on this day and commend them for the hard work, commitment, resourcefulness and industry which are essential for the growth of the economy of any nation,” Globacom said.
CWG Plc has announced a significant milestone in its commitment to delivering value to shareholders. Following a thorough review of the company’s financial performance and outlook, the Board of Directors has approved a substantial increase of 400per cent in dividend payout to shareholders.
This decision reflects CWG’s confidence in its financial stability, growth trajectory, and ability to generate sustainable returns. By enhancing the dividend payout, CWG aims to reward shareholders for their continued trust and support while reaffirming its commitment to creating long-term value.
Mr. Philip Obioha, Chairman of the Board of Directors at CWG Plc, said, “The decision to approve a 400% increase in dividend payout underscores our confidence in CWG’s performance and outlook. We are dedicated to delivering value to our shareholders and believe that this significant dividend increase is a testament to our commitment to shareholder value creation.”
This increase in dividend payout aligns with CWG’s strategic objectives to prioritize shareholder interests and maintain strong financial discipline. The Board remains committed to prudent financial management and sustainable growth, ensuring that CWG continues to be a reliable investment for shareholders.
As CWG continues to execute its growth strategy and expand its presence in the market, the Board anticipates that the increased dividend payout will further strengthen investor confidence and support CWG’s vision for the future.
CommunicationsWeek Media Limited, a certified global ICT company with over two million online subscribers, is delighted and proud to announce Prof. Yakub Aliyu, as the keynote speaker at Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture series 2024.
Aliyu, will be speaking on the theme: Artificial Intelligence (AI): The Good, The Complex and The Anticipated”, this leans heavily on the fact that AI changing our lives– we just need to know where to look today.
This year’s rebranded Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture/Awards Series is slated for Saturday, May 25, 2024 at the Four Points by Sheraton, Lagos.
The event is the most prestigious annual event that brings together captains of industry in both technology and financial worlds.
According to Ken Nwogbo, CEO, Communication Week Media Ltd, organisers of the ABoICT Distinguished Lecture/Awards Series, “the choice of Prof. Yakub Aliyu is deliberate because of his exceptional career in Artificial Intelligence (AI)”.
He added that, AI is considered to have the potential to instigate a fourth industrial revolution,1 and is dramatically changing people’s patterns of interaction and economic activities.
“The traditional factors of production and physical capital and labour may no longer promote substantial economic growth. It is generally believed that AI will be one of the most important factors determining future economic growth,” he said.
A professor of microelectronics and a scholar-practitioner in artificial intelligence and deep machine learning for industrial applications and high-speed application processors. His research interests include Multimodal AI models for high-efficiency industrial robot applications and Human AI interactions.
He also has adjunct academic professorships at five African, USA, and UK universities. Holds a BS in Applied Physics Electronics from Karlsruhe and A Bello Universities in Germany and Nigeria, an MBA in International Business Management from the University of London, an MSEE (Master of Engineering, Electronics), and a Ph.D. in Electronics Engineering from the University of Wales.
Prof. Aliyu is the global quality director for Bourns Inc., Riverside, California, USA, an electronics system, and components manufacturer. I oversee quality functions in 21 factories worldwide.
He has also held quality and operational management leadership positions at National Semiconductors, Bell Labs-Lucent Technology, Texas Instrument, Global Foundries, and Roper Technologies USA.
Authored and coauthored over 30 Advanced Technology United States-issued patents in High-Speed Application Processors and Contributed to over 40 international impact Journals, chapters, and conferences; FASI, SMIEEE USA, MIEE UK, M. Inst pf Physics Chartered Phys and C Eng UK.
Past lecturers included Dr. Ernest Ndukwe, then executive vice chairman, Nigeria Communications Commission (NCC); Engr. Yomi Bolarinwa, former Director-General of National Broadcasting Commission (NBC); Dr. Jean Luc Fort, CEO at OR System France and a specialist in Counterparty Risk; and Professor Chris Nwagboso, Chairman, Knowledge Factory International, United Kingdom.
Others are: Uche Orji, managing director/chief executive officer, Nigeria Sovereign Investment Authority (NSIA); Biodu Omoniyi, Managing Director/CEO, VDT Communications; Ayotunde Coker, Managing Director, Rack Centre Limited; Peter Adedayo Arogundade, managing director and chief executive officer, Sidmach Technologies Nigeria Limited; Dr. Adewale Obadare, chief visionary officer, Digital Encode and John Obaro, CEO and founder of Systemspecs; Prof. Isa Pantanmi, minister of Communications and Digital Economy; Dr. Seyi Akindeind, co-founder, Digital Encode; Dr Krishnan Ranganath, Regional Director, Africa Data Centres.
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