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Omobolanle Johnson, Others Inaugurated into Board of ACT Foundation

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Dr. (Mrs) Omobolanle Johnson, former minister of Information Technology; Tunde Folawiyo, group managing director, Folawiyo Group; among others have been inaugurated as Board members of Nigeria’s novel grant making foundation, Aspire Coronation Trust (ACT) Foundation.

The inauguration of the five man board consisting of high profile individuals who are leaders and pioneers in their various fields of specialization, took place recently at the company’s head office in Victoria Island, Lagos.

Other individuals who were inaugurated into the ACT Foundation Board include Executive Director, Personal Banking Division, Access Bank, Victor Etuokwu; Founder and Managing Director, JNC International, Clare Omatseye and ACT Foundation CEO, Osayi Alile.

The constitution of the five man governing board has established a corporate governance policy for ACT Foundation which will also lead the overall strategy and direction of the organization. The board will ensure that the foundation brings about positive social impact in Nigeria through its four key areas; health, empowerment, environment and leadership.

Heading the board of directors is the Chairman, Tunde Folawiyo. Folawiyo boasts of a successful track record in the Nigerian business space.

Currently a Director at MTN Nigeria Limited, he led the successful merger of Marina International Bank with Access Bank in 2005 and served on the board of Access bank until February 2016.

He was awarded an Honorary Consul of Barbados and the African Business Leadership award in 2010. He is a member of the Bar Association of England and Wales and the Nigerian Bar Association.

Omobolanle Johnson a former Minister of the Federal Republic of Nigeria is the Honorary Chairperson of the global Alliance for Affordable Internet.

She was once the Country Managing Director for Accenture Nigeria and founding Chairperson and member Board of Trustees, Women in Management and Business.

Dr. Omobolanle Johnson brings to bear her influential career that has attracted over US$6bn from foreign direct investment to the Nigerian economy and revolutionized the ICT sector in Nigeria.

Also sitting on the board is Victor Etuokwu who has a banking experience spanning over two decades cutting across operations, information technology, and business development.

He is a Senior Honorary member of the Chartered Institute of Bankers of Nigeria and a Director of E-Tranzact Plc and Unified Payments Systems Plc. Mr. Etuokwu has been an Executive Director at Access Bank since 2012 and he oversees the personal banking division of the bank.

Clare Omatseye has great passion for the Nigerian health sector and this propelled her to start JCN International, a medical equipment solutions partner. A seasoned pharmacist, Mrs Omatseye is a health consultant to several organisations both locally and internationally.

Osayi Alile, ACT Foundation CEO, who also doubles as a board member is an experienced strategist and non-profit specialist with over 18 years in philanthropic management. She served as a consultant to Access bank on Corporate Social Responsibility and is a former chairperson of Women in Management, Business and Public Sector.

A 2007 World Global Leader by the World Economic Forum, Osayi serves on the board of various leading organisations all over the world.

Aspire Coronation Trust (ACT) Foundation is a grant making organization that supports local, national and regional non – profit organizations working to address challenges and associated vulnerabilities across the African Continent.

 

 


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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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