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Adebayo Alli: Guinness Nigeria gets new Managing Director, Its first Nigerian CEO since 2015 …..

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9 months ago

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Guinness Nigeria has announced the appointment of Mr Adebayo Alli as its new Managing Director, its first Nigerian MD since 2015.

The appointment comes after John Musunga, the now erstwhile MD of Guinness Nigeria moved to become Diageo Africa’s Managing Director for Southern, West, and Central Africa.

The announcement was given after the company’s board meeting held on Monday, November 27, 2023.

According to the corporate filing on NGX’s website signed by the Company Secretary, Abidemi Ademola, Adebayo Alli would resume his new role within the company on January 1, 2024.

Profile of Adebayo Alli …..

Adebayo Alli, a mechanical engineer by training, holds a B.Sc. in Mechanical Engineering from the University of Ibadan and an MSc in Advanced Process Engineering from Loughborough University, UK.

He joined Diageo, owner of Guinness Nigeria in 2005 as a Packaging Operations Support Manager. Since then, he has gone on to work as project lead for a business transformation project in Meta Abo Brewery Limited, Ethiopia, another of Diageo Africa’s businesses. In 2014, he became a plant manager at the Meta Abo Brewery, and in 2015, Supply Chain Director.

Upon his return to Nigeria in 2017, he assumed the role of Operations Director at Guinness Nigeria before shifting his focus towards general management, venturing into multiple senior commercial sales positions within Guinness Nigeria PLC.

His trajectory saw a brief tenure between 2019 and 2020 as the Director for IPS, Reserve & Modern Trade. Subsequently, in 2020, Bayo ascended to the role of Commercial Director at Guinness Nigeria.

What you should know….

Guinness Nigeria’s last Nigerian MD was Seni Adetu who served between 2012 and 2015. Since him, John O’Kefee an Irish man became the MD, followed by Peter Ndegwa, a Kenyan, Baker Magunda, another Kenyan, then John Musunga, also another Kenyan.

Guinness Nigeria Plc is majorly owned by Diageo Plc with a 58% stake. In the past, Diageo’s only footprint in Nigeria was through Guinness Nigeria and the Managing Director of Guinness Nigeria also doubled as the head of the Diageo brand in the country.

However, after Diageo announced a discontinuation of its import deal with Guinness Nigeria, which meant Guinness Nigeria would no longer import Johnnie Walker and Baileys into Nigeria, it was also announced that Diageo was creating a new “wholly owned spirits-focused business” to manage the importation and distribution of those premium spirits brand in West and Central Africa. Presumably, John Musunga is resuming to head this new business.

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Just In: Opay Begins Charging Of N50 Electronic Transaction Fee On Every 10k And Above….

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11 hours ago

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September 7, 2024

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Opay digital banking platform is set to apply a transfer fee of N50 for transactions exceeding N10,000 and above.

 

OPay has introduced a new fee for electronic transfers into both personal and business accounts, in accordance with the regulations set forth by the Federal Inland Revenue Service.

 

 

Beginning September 9, 2024, there will be a one-time charge of N50 for transfers of N10,000 or more.

 

 

” On Saturday, the digital platform communicated to its valued customers via a text stating the reason for the deductions even though people are still struggling to survive.

 

In it’s statement, is says:

 

“Dear valued customers, please be informed that starting September 9, 2024, a one-time fee of N50 will be applied for electronic transfer of N10,000 and above paid into your personal or business account in compliance with the Federal Inland Revenue Service

regulations.”

 

 

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Our petrol to hit filling stations in 48hrs- Dangote

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4 days ago

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September 3, 2024

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Businessman, Aliko Dangote, has revealed that petrol produced from his 650,000 barrels per day refining facility will hit filling stations in the next 48 hours as modalities with the Nigerian National Petroleum Company Limited are formalised.

Dangote said this on Tuesday during a press briefing announcing the formal production of petrol at the refinery.

“Our PMS (Premium Motor Spirit) can be in filling stations within the next 48 hours depending on NNPCL,” he said.

Asked to speak on the pricing of the product from his refinery, Dangote said, “It is an arrangement which is designed and approved by the Federal Executive Council led by His Excellency, President Bola Ahmed Tinubu.

“As soon as it is finalised, which he (Tinubu) is pushing, once we finish with NNPC, it can be today, it can be tomorrow, we are ready to roll into the market.”

Last December, Dangote, Africa’s leading industrialist, commenced operations at his $20bn facility sited in Lagos with 350,000 barrels a day.

The refinery, which was initially troubled by regulatory battles, hopes to achieve its full capacity of 650,000 barrels per day by the end of the year.

The refinery has begun the supply of diesel and aviation fuel to marketers in the country and now petrol.

Dangote also added that the introduction of naira for crude will reduce the demand for foreign exchange by 40 per cent.

“I want to thank President Bola Tinubu for creating this idea of Naira for crude and Naira for the product. Doing that will give a lot of stability to the Naira and remove 40 per cent of the demand for dollars. That’s not just it, there is a lot of round tripping,” he stated.

He added that it would become possible to track loaded trucks, hence making it easier to compute the national
consumption.

 

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‘Eko Cares’: Grateful Beneficiaries praise Lagos Governor’s economic hardship alleviation initiatives

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5 days ago

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September 3, 2024

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Encomiums have continued to pour in on the Executive Governor of Lagos State, His Excellency Babajide Olusola Sanwo-Olu, for the sustainable implementation of the ‘Eko Cares’ initiatives aimed at mitigating the current economic challenges experienced not only in the state, but across the country.
The ‘Eko Cares’ Initiatives, launched in April this year by Governor Sanwo-Olu, is the umbrella signature for several poverty-alleviating campaigns by the Lagos State Government, namely: ‘Alafia Eko’, ‘Ounje Eko’ Sunday Market, ‘Eko Fund Me’, ‘Alaafia Eko’, ‘Owo Isowo Eko’, and ‘Edinwo Owo Oko Eko’, all focused on lessening the burden of more than 500,000 Lagos households amid the current economic hardship in four critical sectors including transportation, education, health and agriculture.
These interventions are in line with the Lagos government’s undertaking to better the lives of its citizens in the 20 LGAS, and 37 LCDAs.
The Permanent Secretary, Lagos Health District 1, Dr. Funmilayo Bankole and other health practitioners who coordinated the campaigns in different locations noted that the ‘Alafia Eko’ is aimed at ensuring the health and wellbeing of Lagosians. “What we do here is to screen Lagosians for silent killers such as hypertension, diabetes, etc., and prevent these conditions from causing complications”, she said.
At the’ Alafia Eko’ intervention held in Mushin LGA, one of the beneficiaries, Mr Tajudeen Adebowale, expressed excitement, saying, “We are very happy about this initiative. May God continue to bless the governor to do even more, especially programmes like this healthcare initiative”.
Another beneficiary at the Meiran intervention outreach, Alhaja Ajani Badru could not hold back her joy saying, “We are grateful to Governor Sanwo-Olu’s administration for the free healthcare brought to us. Medications these days are very expensive and today, we got sufficient treatment at no cost”. Another beneficiary, Mr. Adekojo Samuel expressed similar sentiments, thanking the Governor for the eye tests, drugs, and eye glasses received.
Another beneficiary at the Isolo outreach, Mr. Iyanu Temituro said: “The programme is excellently beautiful, organised, and the medical personnel were very approachable. I’m enjoying two medical services for stooling and blood pressure”.
Mr. Abiodun Ayodele, a beneficiary from the Surulere outreach was also full of commendations. “I appreciate what the Lagos Governor has done. See the lots of drugs they gave me; at the same time, I got brand new eye glasses”.
Other beneficiaries from Apapa LGA were also full of praise for the Governor, dedicating songs in Yoruba to Governor Sanwo-Olu, describing him as a promise keeper. Among them were Mrs. Tawa Yusuf and Mrs. Oloofa Bola who got free eye glasses.
Others were Mrs. Aremu Lateefat, Mr. Rasheed Raheem, and Mrs Saratu Ishola, who all got free drugs and medicals. They described the health initiative as a huge achievement and a big relief for them.
On the success of the programme, Dr. Saheed Tajudeen, a volunteer at the Igbogbo, Ikorodu outreach expressed excitement with the turnout for ‘Alafia Eko’ initiative. “Lots of people in the community don’t usually visit our Primary Health Centre, and Lagos State has deemed it fit to bring medical care to their doorsteps. This is laudable”, he said.
Other locations visited in this phase of the ‘Alafia Eko’ health initiative include Ikorodu North LCDA and Ikotun LCDA.
‘Eko Cares’ is supervised by the Special Dispensation Advisory Committee on Social Interventions (SPEDAC), a non-partisan body set up to advise the government on the various initiatives lined up to help the poor weather the current economic hardship in the country.

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