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Former Shell MD Bags Award for Rejecting $6m Bribe

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Akinjide Adeosun Foundation has conferred its 2020 Leadership Award on Dr. Olufemi Lalude, first managing director of Shell Nigeria Exploration and Production Company, for rejecting rejected a $6 million bribe offer.

Former Shell MD Bags Award for Rejecting $6m Bribe

The award: “Leadership in Integrity,” was conferred on Lalude, now 81, during the AAF 5th annual colloquium, with the theme: “Integrity – A Sine Qua Non to Building a Prosperous Nation.”

Speaking at the event, which held virtually, Akinjide Adeosun, AAF’s founder and chief executive officer of St. Rachael’s Pharmaceutical Nigeria Limited, said the recognition of Lalude was is in line with the core mandate of the foundation.

Adeosun said: “The core mandate is based on the belief that life would be good for everyone if the nation gets leadership right in all spheres.

“Integrity is an essential building block to building a prosperous nation. Truthfulness, honesty, respect for people, hard work and humility are traits of Integrity.

“Many years ago, our awardee, Papa Olufemi Lalude, the first managing director of the Shell Nigeria Exploration & production Company (SNEPCO) was offered a bribe of 6 million dollars.

“The organisation that offered him the bribe moved against him. However, he refused to be cowed and stood his ground.

“He was sued with his employer but he triumphed. Lalude is a man of integrity, a rarity in our clime dwarfed by corruption and greed.

“Today, Papa at 81 is living a peaceful, joyous and fulfilled contented life.

“We are celebrating him today. He began his career with integrity as his legacy in mind.

“ We have many good people in Nigeria. We must celebrate them to dwarf the bad publicity the few bad people is giving our nation.”

In his presentation, Governor Seyi Makinde of Oyo State said Nigeria would continue to find it difficult to grow without putting structures in place to strengthen openness, truthfulness and transparency in leadership.

According to Makinde, the absence of a structure for checks and balances is likely to continue to stunt the growth of the country.

He said: “There is a large trust gap between the citizens and leaders of this country due to lack of transparency on the part of the political class.

“When we talk about integrity in governance, it entails honesty, transparency and accountability in governance.

“Integrity is tied to prosperity of any nation in so many ways and as a leader, you have to be very honest.”

The foundation called on leaders in government to drive patriotism and prosperity by upholding trust and demonstrating transparency.

The News Agency of Nigeria reports that participants from across the globe joined the virtual event.

Speakers at the event unanimously said the nation had lost its old value system by embracing dishonourable practices and lack of accountability in all spheres across the family, school, business, government and society levels.

A communiqué was also issued, which stressed that integrity and honesty remain the collective responsibility to save Nigeria.

 


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Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria

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Legit.ng recently joined forces with the Shade of Life Foundation to become a voice of autism, and drive advocacy for improved media support during Autism Awareness Month.

Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria

Participants at the event

Conversations around media support exploration was led by Joseph Omotayo, head of Department for Human Interest Stories at Legit.ng, and Dr. Eziafakaku Nwokolo, founder and CEO of the Shade of Life Foundation,

This partnership is a response to the concerns raised by organizations like the Shade of Life Foundation about the level of support received from the media in discussing autism as a disability.

While other disabilities may receive attention, autism, with its critical developmental implications often lacks adequate representation in mainstream media.

Recognizing the importance of addressing these concerns, Legit.ng took proactive steps by integrating itself into the essence of autism awareness.

It facilitated a one-hour workshop with Dr. Nwokolo, the founder of the foundation, to deepen our understanding of autism, its various spectrums, and the language boundaries associated with it.

Other steps we took in advocating autism awareness in the media, can be seen in our attached press release.

Legit.ng believes that by amplifying the voices of autism and advocating for better media representation, we can contribute to creating a more inclusive and accepting society for all.

 

 

 

 

 

 

 

 

 


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As Nigeria Struggle, Tanzania Turns off Power Plants Due to Excess Supply

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While 85 per cent of Nigeria is in darkness, Tanzania, an African country has shut down five hydroelectric stations in a bid to reduce excess electricity in the national grid.

As Nigeria Struggle, Tanzania Turns off Power Plants Due to Excess Supply

Kassim Majaliwa, prime minister, Tanzania, has said the main plant, Mwalimu Nyerere Hydroelectric Station, alone generated enough electricity to power major cities, including Dar es Salaam, the country’s commercial hub.

It is the first time Tanzania, which suffers chronic power shortages, has closed hydroelectric stations due to excess production.

“We have turned off all these stations because the demand is low and the electricity production is too much, we have no allocation now,” an official from state-run power company, Tanesco, said.

The 2,115MW Julius Nyerere Hydropower Dam is said to be almost filled with water following heavy rains that started early this year.

Meanwhile, while the country has an installed capacity of 1,938MW and the grid installed capacity of 1,899MW, Nigeria which has an installed capacity of 13,000MW is struggling to electrify 85 per cent of its electricity consumers.


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President Tinubu Appoints Jim Ovia as Student Loan Fund Chairman

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President Bola Tinubu has approved the appointment of Jim Ovia, renowned banker and businessman, as the Chairman, Board of the Nigerian Education Loan Fund.

Jim Ovia

Jim Ovia

Ovia’s appointment is contained in a State House statement titled, ‘President Tinubu appoints Jim Ovia as Chairman of the Nigerian Education Loan Fund,’ and issued on Friday by Ajuri Ngelale, special adviser to the President, Media & Publicity.

The statement noted that “Ovia is the founder of one of Nigeria’s leading banks and a respected business leader, with a surfeit of efforts and benefaction towards nurturing and empowering young Nigerians.

“He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana.”

The National Student Loan Programme is a pivotal intervention that seeks to guarantee sustainable higher education and functional skill development for all Nigerian students and youths.

The Nigerian Education Loan Fund, the implementing institution of this innovation, demands excellence and Nigerians of the finest professional ilk to guide and manage.

“The President believes Mr. Ovia will bring his immense wealth of experience and professional stature to this role to advance the all-important vision of ensuring that no Nigerian student suffers a capricious end to their pursuit of higher education over a lack of funds,” the statement partly read.

Ovia’s appointment will also ensure “that Nigerian youths, irrespective of who they are, have access to higher education and skills that will make them productive members of society and core contributors to the knowledge-based global economy of this century.”


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