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Why Africa’s young people are the real winners at the CAF Awards

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by Benedict Peters

Almost nowhere on earth is football followed as passionately as in Africa. It is loved by Africans from all walks of life across the continent. This week, I am giving the opening address at the Confederation of African Football (CAF) Awards in Accra, Ghana. This has afforded me a good opportunity to reflect on Africa’s relationship with football and how it can help deliver a brighter future for our young people.
I believe we need only look to the Liberian presidential election for a fine example of the transformative power of football. Against the odds, football legend and opposition candidate, George Weah was victorious and today, is President-elect of Liberia, one of Africa’s most popular countries. Weah’s perseverance in the face of an initial unsuccessful attempt is a testament to the endurance football teaches.
Before he was a Presidential candidate, of course, Mr. Weah was an outstanding footballer whose career spanned great clubs like Paris Saint Germain, Marseille, Monaco and even English Premiership giants like Chelsea and Manchester City.
A striker of fearsome reputation, Weah has been described as the greatest footballer to emerge from Africa, confirmed in 1995 when he won both FIFA Footballer of the Year and the highly valued Ballon d’Or. Over a three year period, in 1989, 1995 and 1996, he claimed the top prize of African Footballer of the year, crowning that in 1996 with the African Footballer of the Century award.
The power of a footballer entering frontline politics cannot be overstated, for two reasons. First, it shows that politics is accessible to all, to the ambitious individual who dares envisage a way he or she can contribute to their country’s future. Second, it makes politics interesting and relevant to young people. If our continent is ever to reach its full potential, then it is our young people who are going to deliver it.
Africa’s youth are already shaping today and redefining tomorrow with their creativity, passion and innovation. I believe that the greatest gift that our generation can give them is to continue to provide platforms for aspiration, recognition and inspiration. But the idea of ‘opportunity’ or of ‘potential’ can be an abstract enough concept to adults never mind the younger generation, many of whom have been overlooked by the decisions of governments not to allow funds raised from investment to trickle down into stronger education systems, apprenticeships and advancement.
In football, the notion of opportunity is far from abstract. Football has always been a unifying factor and a great tool for promoting integration and development. But more than that, it is a global currency, a language spoken in the United Kingdom as much as in Brazil, China and Nigeria. And in football we see, most tangibly, the bold young role models and ambassadors of Africa who are inspiring others and have set the pace in their pursuit of excellence.
Of course, we must be careful not to set false expectations. Football is affected by the same attrition rate that applies to other sports in that very many are called but few ultimately make the dizzy heights that many dream of. President Barack Obama pointed out that youth in the United States may have good role models for economic empowerment and entrepreneurship in the music industry, but that it was unlikely that each child would grow up ‘to be the next Lil Wayne’, so children must also work hard in school. The same can be said of football: not all of our children will grow up to be the next George Weah, Abedi Pele, Dider Drogba or Jay Jay Okocha, but these role models still offer young people a concrete example of the hard work that goes into the pursuit of excellence.
The example of football goes far beyond the 22 men or women who stand on the pitch for 90 minutes each week. I know this because I have seen the extraordinary depth of support services that go into creating the finished product of a football match, and the transformative role they play when properly looked after.
Over the last year, Aiteo has been supporting sports development in Nigeria, leading a partnership agreement with the Nigerian Football Federation (NFF) to provide financial Support to the technical team of Nigeria’s national team for the next five years. In the months since, Nigeria has won more games than they have lost and has qualified for the 2018 FIFA World Cup. Aiteo has also made significant contributions towards developing the local football by underwriting the costs associated with organising the Federation Cup, Nigeria’s equivalent of the English FA Cup, helping smaller teams grow and improve on the national stage.
With coaching roles, training roles, marketing, advertising, commercial partnerships and merchandising roles all part of the infrastructure of a newly-global Nigerian football team, no child need only grow up to be the next Alex Iwobi if they are to benefit from the transformative power of football. If a footballer can become the head of a nation, they why not a football coach, a medic or a marketing executive?
So, when I stand on the stage this week to open the CAF Awards, the winners will be very clear to me before the awards have even been handed out: the true winners will be every young person who sees that event; sees that the eyes of the world are on Africa and that a future for each one of them exists in which they can go beyond their school, their hobbies, their parents, and truly embrace their potential. Because the way we conceive the future sculpts the present.

Benedict Peters is the executive vice president of the Aiteo Group

News and Report

Adeleke swears in new Osun LG chairs, urges good governance

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Osun State Governor, Senator Ademola Adeleke, on Sunday, inaugurated the newly elected local government chairmen and councillors in the Saturday poll.

Adeleke urged them to focus on good governance while warning against any attempt to forcibly occupy council secretariats.

He also expressed gratitude to President Bola Tinubu for resisting attempts by some forces to destabilise Osun State.

Speaking at the swearing-in ceremony in Osogbo, the governor described the occasion as a major milestone in the state’s democratic process, emphasising that the election was conducted in line with due process.

“We are here to conclude a democratic process for which we all laboured so hard to achieve,” Adeleke said.

Before proceeding with his address, the governor called for a minute of silence in honour of those who lost their lives during the “illegal APC takeover of local government secretariats.”

The governor recounted the journey leading to the local government election, stating that the Osun State Independent Electoral Commission had duly followed all legal procedures.

“The state electoral body had issued due notice of election a year ago. I know the commission had complied with all extant rules and procedures which led to the emergence of new local government chairmen and councillors,” he stated.

While acknowledging the legal controversies surrounding the election, Adeleke affirmed that his administration acted within the ambit of the law.

“It is, however, a thing of joy that the facts are out in the public domain, and we are satisfied that we are on the side of the law within the context of the rule of law and the constitution,” he added.

Call for Good Governance….

Addressing the newly sworn-in officials, Adeleke charged them to be “agents of change, community developers, and deliverers of the dividends of democracy.”

“You have the mandate to deliver on good governance in your respective local governments.

“I charge you to develop plans of action within the manifesto of the Peoples Democratic Party (PDP).

“As our government is transforming the state for the better, I call on you to be agents of change,” he said.

The governor also appreciated the people of Osun for their steadfast support, assuring them that his administration would remain committed to their welfare.

“Osun people demonstrated courage and passion to exercise their voting rights, and they did so by massively supporting our party despite all the constraints. We will not fail you. People’s welfare will continue to be our watchword,” he promised.

Adeleke commended OSIEC, security agencies, and state officials for ensuring the success of the election.

Appreciation to Tinubu

In a significant moment, the governor expressed gratitude to President Bola Tinubu for resisting attempts by some forces to destabilise Osun State.

“I should not end this address without acknowledging the contributions of Mr. President, Senator Bola Ahmed Tinubu.

“I am most grateful to Mr. President for rejecting efforts by some forces to plunge Osun into chaos,” Adeleke stated.

He reaffirmed his commitment to upholding the rule of law and the constitution in governance and conflict resolution.

Warning Against Forced Takeover
The governor strongly advised the newly elected chairmen and councillors to avoid confrontation at local government secretariats, citing an ongoing legal process to resolve the leadership crisis.

“I urge you and your councillors to please stay away from the council secretariats to avoid any clash with those whom the police had aided to forcefully occupy the local government secretariats,” Adeleke cautioned.

He referenced an Osun State High Court ruling that had affirmed vacancies in both chairmanship and councillorship positions before the election on February 22, 2025, assuring that his administration would rely on the judiciary to remove those illegally occupying the secretariats.

“Please be patient and always abide by the rule of law,” he advised.

With that, Adeleke formally declared the swearing-in of the elected local government officials.

“It is on this note that I, Senator Ademola Jackson Nurudeen Adeleke, the Executive Governor of Osun State, hereby effect the swearing-in of elected local government chairmen across Osun State. Congratulations and God bless you,” he concluded.

 

 

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Alcohol, tobacco record highest inflation rate

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The National Bureau of Statistics has disclosed that alcoholic beverages, tobacco, and narcotics recorded the highest inflation rate at 14.80 per cent, according to its latest rebased Consumer Price Index for January 2025.

In a graphical illustration presented in its CPI report, the NBS noted that the alcohol and tobacco item division was followed by restaurants and accommodation services, which had an inflation rate of 14.14 per cent, while transport and clothing and footwear recorded 12.77 per cent and 12.73 per cent, respectively.

The report, which rebased Nigeria’s CPI to 2024 as the new base year, revealed that headline inflation stood at 24.48 per cent in January 2025, meaning that the general price level of goods and services rose significantly compared to the same period in 2024.

The report by the NBS read, “The rebased All Items index in January 2025 was 110.68, while the headline inflation rate on a year-on-year basis stood at 24.48 per cent in January 2025.

“This means that the general prices of goods and services in Nigeria increased by 24.48 per cent compared to January 2024.”

The CPI rebasing was necessary to reflect current economic realities and consumption patterns in Nigeria.

The rebased CPI structure covers 934 product varieties, classified under 13 divisions based on the 2018 Classification of Individual Consumption According to Purpose.

The divisions include food and non-alcoholic beverages, clothing and footwear, transport, housing and utilities, furnishings, health, communication, and education, among others.

The weighting structure was adjusted to account for changes in consumer spending, with food and non-alcoholic beverages maintaining the highest weight at 40 per cent, although it declined from 51.8 per cent in the previous base year of 2009.

According to the report, inflationary pressures varied across different categories, with food and beverages inflation at 10.64 per cent, reflecting the continued rise in staple food prices.

The personal care, social protection, and miscellaneous goods and services division recorded 12.04 per cent inflation, while furnishings, household equipment, and routine household maintenance saw an inflation rate of 11.48 per cent.

The health sector recorded 9.42 per cent inflation, while housing, water, electricity, gas, and other fuels increased by 7.61 per cent.

The education sector and insurance and financial services recorded the lowest inflation rates, standing at 4.88 per cent and 4.65 per cent, respectively. Information and communication, which was newly assigned a higher weight in the rebased CPI, had an inflation rate of 7.54 per cent.

The recreation, sport, and culture category recorded 6.85 per cent, highlighting moderate price increases in these services.

The NBS report highlighted the divergence in inflation trends between urban and rural areas, with urban inflation at 26.09 per cent, while rural inflation stood at 22.15 per cent.

This suggests that price pressures were more severe in urban areas, particularly in sectors such as housing, transportation, and restaurant services, where cost increments were more pronounced.

The rebasing exercise introduced new methodologies to enhance the accuracy of inflation tracking.

Data collection was fully digitised, replacing paper-based surveys with computer-assisted personal interviewing devices, which allowed real-time transmission and verification of price data.

The high inflation rate for alcoholic beverages and tobacco is linked to multiple factors, including excise duties, exchange rate volatility, production costs, and supply chain disruptions.

We further observed that Imo State emerged as the most expensive state to reside in Nigeria following the rebasing of the Consumer Price Index by the NBS.

The development marked a significant shift in Nigeria’s inflation rankings, as Bauchi, which held the top spot for seven consecutive months, was dethroned.

The change comes after the NBS updated its methodology, adjusting the base year from 2009 to 2024, revising the weighting structure, and expanding the consumer basket to better reflect household spending patterns.

Earlier, the Statistician-General of the Federation and Chief Executive of the NBS, Prince Semiu Adeyemi, said, “Rebasing our GDP and CPI allows us to align with these transformations, providing a more precise and relevant picture of Nigeria’s economic landscape.

“This process is foundational to informed policymaking, strategic planning, and effective governance; hence, it is one exercise that the NBS is conducting with significant importance and professionalism.”

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Fire guts MTN booster station in Oyo

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An MTN booster station located on the premises of the University of Ibadan, Oyo State, was gutted by fire on Saturday.

Our Investigations revealed that the fire, which broke out at the booster station within the Faculty of Nursing, was caused by an electrical surge.

One of the witnesses told our correspondent that “the incident occurred in the early hours of Saturday around 4 am.”

Another source said, “The incident affected the Mikano electrical generator, board, and other telecommunications gadgets in the booster station.”

When contacted in Ibadan, the state capital, the Special Adviser on Fire Services Reform to Governor Seyi Makinde and Chairman of the State Fire Services Agency, Moroof Akinwande, confirmed the incident.

He said the booster station belonged to the MTN.

He said, “The state Fire Service’s prompt response doused the fire at the MTN booster station beside the Faculty of Nursing, University of Ibadan.

“The fire incident was reported exactly at 04:00 hrs on Saturday, February 22, 2025.

“The fire personnel, led by ACFS Olubunmi, were promptly deployed to the scene and arrived on time.

“On arrival, we met the Mikano electrical generator and board on fire. We quickly joined hands with the university’s fire marshals, and the fire was extinguished completely. The fire was caused by an electrical surge”, he explained.

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