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Benedict Peters, True Nigerian Export

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Benedict Peters
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By Jackson Ugbechie

In a season when some Nigerians are being demonised across the world as agents of crime and criminalities, we cannot but raise our glasses to salute the likes of Adewale Adeyemo, Joe Biden appointee as Deputy Treasury Secretary; Dr. Onyema Ogbuagu, the Nigerian-American medic who was one of the brains behind the Pfizer Covid-19 vaccine.

Benedict Peters, True Nigerian Export

Benedict Peters

Or Benedict Peters, a Nigerian entrepreneur making waves in Africa and across the world as one who has built an enterprise from the scratch to a billion-dollar multinational.

Remember Kehinde Wiley? He’s a portrait painter of Black people who masterfully painted his way to the White House.

He was commissioned in 2017 to paint a portrait of former President Barack Obama for the Smithsonian National Portrait Gallery which showcases portraits of all the US presidents.

Wiley is the first black artist to paint official portraits of any US president for the National Portrait Gallery.

The list is long.  But we must say hello to Dr. Olurotimi John Badero who earned his  medical degree from Obafemi Awolowo University, Ile-Ife, Osun State before relocating to the United States where he became a specialist and interventional cardiologist, nephrologist and cardio-nephrologist, ranking as the world’s first and only fully trained cardio-nephrologist.

There are many more Nigerians doing exploits across the globe but the name Benedict Peters strikes a resonance with what portends the greatness of Nigeria.

While others excelled as Nigerians in the White man’s land, Peters is excelling at home and successfully exporting his magical entrepreneurship skills from Nigeria to the rest of the world. He answers the question: can anything good come out of Nigeria?

Yes, many good things have come out of Nigeria, wafting across several seas and mountains to add impactful fragrance to a world in need of heroes.

Peters is one of them. He represents a true Nigerian export. He symbolises the Nigerian spirit of derring-do, chutzpah and unvarnished excellence.

Last month, his company, Bravura Holdings Ltd., made history when it successfully entered into the competitive, capital-intensive and technology-driven platinum mining marketplace of Zimbabwe.

To make good this feat, it shelled out the sum of $1 billion to engage in an industry once dominated by expatriates from Europe, the Americas and Asia.

The beauty of this venture is that Peters, being a genuine pan-Africanist, would be fair to Zimbabweans and other Africans who would be directly or indirectly linked to his enterprise.

Peters would be stamping his big foot on a swathe measuring about 3,000 hectares (7,413-acre) of land in the Selous area, about 80 kilometers (50 miles) south of Zimbabwe’s capital Harare where it plans to dig the mine. Reports said his choice of operational base is close to existing platinum mines.

Having already won the concession, a lot of activities are projected to happen in the next 18 months, explains Lionel Mhlanga, Bravura’s manager in Zimbabwe.

“From where we are now, we will go to resource definition, after that we will go to resource modeling, after mine development and then mine construction. Those are all things that should happen in the next 18 months,” an obviously elated Mhlanga told the media during a tour of the site last month.

The United States Geological Survey lists Zimbabwe as the third largest producer of platinum, only next to Russia and South Africa.

Currently, the Russian-Zimbabwean platinum venture, Great Dyke Investments (GDI), a joint venture (50% parity owned by Russia’s Vi Holding and Zimbabwean investors) is reputedly the biggest platinum mining project in the country with a $2 billion investment outlay. But the Bravura Holding venture represents the new African push for continental integration both in trade and production.

In Nigeria where Peters’ Aiteo Eastern E & P Company is the biggest domestic oil producer, the billionaire oil and gas magnate has demonstrably deployed his wealth to foster development, engender socio-economic growth and improve the nation’s human development index.

From philanthropy to community development and sports sponsorship, Peters’ Aiteo has endeared itself to the hearts of the Nigerian people. Since 2017, when it took over the sponsorship of Nigeria’s longest surviving club football league – The Challenge Cup – now aptly called Aiteo Cup, life has returned to the colourful multi-tier football fiesta, postponed this year because of the Covid-19 pandemic.

This is a pointer to the good times that await Zimbabweans with the admission of Bravura Holding into the exclusive club of platinum and other minerals miners in the country, a club dominated by Russian and Cypriot companies.

Media reports say Bravura is already looking beyond platinum. Zimbabwe is endowed with treasures in her sub-soil and Peters’ company intends to explore mining lithium, rare earth minerals and tin in Zimbabwe.

Beyond that, it’s also seeking to mine cobalt in the Democratic Republic of Congo, copper in Zambia, gold in Ghana and iron ore in Guinea, with eyes on exploring mining opportunities in Namibia and Botswana. Quite a handful! It’s a case of Africa taking back Africa.

For far too long, Africa has left her richly endowed earth at the mercy of the western world. Nigeria has rich reserves of oil and gas which she yielded to western merchants and exploiters.

It was not until Nigeria switched to the next gear in the promotion of local content in the sector that she started the journey of maximizing the benefits of having huge reserves of crude oil and gas.

Though, so much still remains to be done in the aspect of processing and minding the entire value chain, but the entry of the likes of Aiteo into Exploration and Production (E&P) has kindled hope that someday the owners of the resources would effectively process their resources and have full value of them.

Having made a success of his presence in the Nigerian oil and gas sector, Peters’ foray into Zimbabwe mining sector and plausibly into the mining sectors of other African nations is a priceless public relations stunt for Nigeria.

It’s a salute to the industry and illustriousness of Nigerians. When some sections of the global community rise to tar us in evil and despicable coatings, we trot out the likes of Peters and others who by dint of hard work, academic excellence and entrepreneurial acuity have put Nigeria and Nigerians on the global map of achievers, outliers and role models.

 

  • Ugbechie writes from Abuja

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Nigeria Connects National Electricity Grid to West Africa Power Pool

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Nigerian Independent System Operator (NISO), in collaboration with the West African Power Pool Information and Coordination Centre (WAPP-ICC), has successfully conducted the long-awaited synchronisation test between the Nigerian power grid and the rest of the West African power network.

Nigeria Connects National Electricity Grid to West Africa Power Pool

The test marks a major milestone in the ongoing efforts to establish a unified West African electricity grid operating at a single frequency.

In a joint statement signed by  Mr Adesegun Akin-Olugbade, chairman of the NISO Board, and Mr Abdu Bello Mohammed, managing director,  the breakthrough connects Area 1, comprising Nigeria, Niger Republic, and parts of Benin and Togo—with Areas 2 and 3, which cover the rest of West Africa.

This achievement effectively creates a single operational grid that enhances reliability, stability, and cross-border energy exchange across the ECOWAS region.

According to the statement, “The initiative aims to achieve operational unification of the regional grid, improve system reliability through shared reserves, enable cost-effective power generation and trading under the West African Electricity Market (WAEM), and strengthen institutional cooperation among member system operators.”

Highlighting the national significance of this milestone, the NISO Managing Director said, “For Nigeria, this achievement provides multiple benefits, including unlocking stranded generation capacity, enabling energy exports and foreign exchange earnings, improving grid resilience, and reinforcing the country’s leadership role in regional energy integration.”

According to him, the initiative would also open access to donor funding for priority transmission projects such as the North Core Project in Birnin Kebbi and the Ajegunle 330 kV Substation in Lagos State, south-western Nigeria.

“The successful exercise was made possible through renewed coordination, enhanced system monitoring, stricter frequency control, and real-time communication among participating regional control centres.

“This development not only strengthens the foundation for cross-border electricity trade but also boosts investor and donor confidence in ongoing regional infrastructure projects, including the North Core Transmission Project and other grid expansion initiatives,” the statement reads.

The successful synchronisation is being celebrated as a historic milestone in West African energy cooperation and a clear demonstration of NISO’s technical expertise in managing complex power systems in accordance with international standards.

With this achievement, West Africa moves one step closer to an integrated and reliable regional power system, lighting up the future together.


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Nigeria ICT Space Set to Receive Boost as Digital Economy, e-governance Bill Nears Presidential Assent

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Nigeria is poised to take a continental lead in digital economy and e-governance as the National Digital Economy and E-Governance Bill 2025 is expected to be signed into law this week by President Bola Ahmed Tinubu.

The bill, jointly drafted and processed by the Senate and the House of Representatives, was the focus of a one-day public hearing organized by the National Assembly’s joint committees on ICT and Cybersecurity.

Senator Shuaib Afolabi Salisu and Hon. Adedeji Olajide, chairmen of the respective committees, assured lawmakers and stakeholders that the bill will be laid for third reading and passed in both chambers this week. Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, confirmed that the President is ready to give assent, describing the legislation as a key catalyst for achieving Nigeria’s projected $1 trillion economy.

“The Act from this bill will be the first of its kind on the African continent, demonstrating Nigeria’s leadership in technological advancement,” Tijani said. He added that the digital economy, which currently contributes 19 percent to GDP, is targeted to account for 21 percent by 2027 under President Tinubu’s administration.

The bill provides for the digitization of government operations, deployment of 90,000 kilometers of fiber-optic networks, nearly 4,000 new communication towers in underserved communities, a national data exchange system, and a framework for artificial intelligence adoption to enhance productivity across sectors.

Senator Salisu described the legislation as essential for regulatory clarity in electronic transactions, while Hon. Olajide emphasized its role in driving nationwide digital transformation.

Key stakeholders, including the Nigerian Communications Commission (NCC), Nigeria Communication Satellite (NICOMSAT), Galaxy Backbone, NIPOST, and the Office of the Head of Service, expressed support for the bill, highlighting its potential to serve as the backbone of Nigeria’s digital economy and e-governance framework.

 


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BHM Launches Africa’s First Comprehensive AI Ethics Framework for Media and Communications Industry

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BHM, the African communications services company, today published a groundbreaking white paper that establishes Africa’s first comprehensive AI Ethics Readiness Framework specifically designed for the continent’s marketing, media, and communications sectors.

Titled “AI Ethics in Africa’s Media and Communications Landscape: A Readiness Framework for 2026 & Beyond,” the white paper addresses the urgent need for a proactive, culturally-grounded approach to AI governance as Africa rapidly integrates artificial intelligence into its burgeoning digital landscape.

The white paper, authored by Femi Falodun, Executive Director at BHM, and PhD candidate at Kent Business School, University of Kent, reveals a significant readiness gap between the pace of AI adoption and the industry’s preparedness for its ethical challenges. Drawing on insights from BHM’s AI literacy and readiness survey of professionals across Nigeria, Kenya, Ghana, and South Africa, the research indicates that while professionals are actively experimenting with AI tools, a majority feel ill-equipped to manage critical risks.

Key findings include: 73% of respondents are only “somewhat confident” in identifying potential cultural bias in AI-generated content; 66% are only “somewhat equipped” to detect AI-generated misinformation or deepfakes; and a staggering 90% of organisations and sectors are not adequately prepared for upcoming AI regulations.

“As Africa stands at a critical ethical crossroads in AI adoption, we have a unique opportunity to leapfrog global trends and establish ourselves as leaders in responsible, human-centric AI,” says Ayeni Adekunle, BHM Founder and CEO. “This white paper is not just about keeping pace with technology; it’s about defining how AI should be used responsibly in our industry while staying true to African values and cultural principles. We are positioning Africa at the centre of global AI ethics discourse, ensuring that our voices, values, and perspectives help shape the future of this transformative technology.”

At the heart of the white paper is the OMOLUABI-AWARE Model, a proprietary assessment framework that uniquely integrates global AI standards with African cultural values. Grounded in BHM’s People Before Profit philosophy, the model draws from the concept of Omoluabi (representing moral character and ethical living) and Ubuntu principles of collective responsibility, alongside other traditional African philosophies.

The framework encompasses 13 critical dimensions, including Origin & Cultural Sensitivity, Misinformation & Narrative Control, Objective Understanding & Digital Literacy, Language & Representation Awareness, User Privacy & Data Protection, Accountability & Transparency, Bias Detection & Mitigation, Integrity in AI Interactions, Accessibility & Inclusion, Workforce Readiness, Accountable Governance, Responsible Innovation, and Ethical Leadership.

“The integration of African ethical principles with global AI standards represents a significant advancement in how we approach technology governance,” says Femi Falodun, Executive Director, BHM and author of the white paper. “This framework doesn’t just adapt Western models, it creates something genuinely innovative that reflects Africa’s unique cultural context while setting new global benchmarks for ethical AI adoption.”

The OMOLUABI-AWARE Framework serves as a first-of-its-kind source of credible local insights to aid strategic planning for marketing and communications industry stakeholders within and outside Africa. It addresses critical areas, including bias detection, misinformation control, data privacy protection, cultural sensitivities, transparency requirements, and governance frameworks, all tailored to African and emerging market contexts.

The white paper provides a strategic implementation roadmap for 2026 and beyond, with actionable recommendations for government and policy makers, business leaders and organisations, media and communications professionals, and media content consumers.

“Africa has the opportunity to lead the world in demonstrating how technology can be harnessed responsibly while preserving cultural identity and prioritising human welfare,” Ayeni adds.

The white paper serves as a call to action for multi-stakeholder collaboration to build a sustainable and inclusive AI ecosystem. It is a guide for harnessing AI’s transformative potential to not only drive economic growth but also to protect and enrich the diverse cultures and shared future of African people, positioning the continent as a global standard-bearer for ethical AI.

This milestone builds on BHM’s track record of producing industry-defining research, including the Africa PR and Communications Report, Concept of Virality, Nigeria PR Report, UK Cost of Living Report, among other projects.

The white paper is available for download at: bhmng.com/AIEthicsWhitePape


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