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Nnewi Investment Summit to hold February 6th and 7th

Published

5 years ago

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As part of efforts to draw attention to the economic opportunities in some of Nigeria’s industrial clusters and grow the Made in Nigeria mindset, Ford Foundation and a group of experts and industrialists have come together to organize and sponsors an investment summit for Nnewi the manufacturing hub located at south-eastern part of Nigeria.

Pioneered by leading marketing communications agencies, TBWA\Concept Unit and C & F Porter Novelli, the Investment Summit, themed; Revitalizing the Manufacturing Hub of Africa, is designed to leverage the already thriving industrial and commercial activities in Nnewi and harness them for the wider economic development of Nigeria.

Expected to lead the conversations at the inaugural edition of the summit, which will hold on February 6 and 7 2020 in Nnewi, Anambra State Nigeria include: former Presidential candidate and Development Economist, Prof. Kingsley Moghalu; Ike Chioke, CEO Afrinvest Ltd and Mr. Innocent Chukwuma, West Africa Regional Director, Ford Foundation.

Speaking on the Summit, CEO, TBWA\Concept Unit, Mr. Kelechi Nwosu, said the Nnewi Industrial hub should further developed and should bepromoted as a model for economic growth in Anambra state andNigeria in general. 

Nwosu noted that Nnewi is a unique town where young entrepreneurs and courageous artisans with limited formal education exploit their wit to create amazing stories of manufacturing and industrialization in Nigeria. 

“The overall agenda of the summit is to draw the attention of stakeholders to the benefits of revitalisation and rebranding of Nnewi as an industrial hub in Africa by leveraging on its past glory and current potential. We are also expecting this Summit to startthe formation of alliance development that will create a blended intervention programme involving Policy makers, Private investors and Donor Organization (Philanthropists)” the marketing communications guru stated.

Sponsored by the Ford Foundation in partnership with the Nnewi Chamber of Commerce and Industries and Anambra Broadcasting Service, the two-day Summit is envisioned to drive the growth agenda for young indigenous businesses by outlining how they can scale with the right exposure, branding and capacity building projects.

Also speaking on the Summit, Chairman C & F Porter Novelli, Chief Nn’Emeka Maduegbuna said the event will be important in fostering collaboration among businesses to increase comparative advantage within Nnewi and environ.

While raising expectations that the Summit will attract foreign and local investors that would create jobs and have an impact on businesses in Nnewi and Nigeria at large, Maduegbuna said it will also seek to sensitize and create awareness for a new way of thinking that will create opportunities for young men and women within and outside the region while also generating better quality and quantity employment opportunities for young men and women via entrepreneurial activity and direct employment.  

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Society

DSS Arrests, Detains Lagos House of Assembly Members Over Obasa’s Removal As Speaker

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6 days ago

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January 30, 2025

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The last may not have been heard over the crisis rocking the Lagos State House of Assembly as two members of the House, Hon. Lanre Afinni and Hon. Sylvester Ogunkelu are currently being detained at the DSS office in the State.

 

According to an impeccable source from the House, the two are facing interrogation in connection with the removal of Hon Mudashiru Obasa as Speaker.

 

 

Obasa was removed as Speaker by the majority of the members on January 13 and replaced with the former Deputy Speaker, Mojisola Lasbat Meranda.

 

 

In solidarity with their colleagues, the Deputy Speaker, Hon Mojeed Fatai with some other members of the House stormed the DSS office to secure their release.

 

 

Details later…

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Society

EFCC Arrests Ex-NHIS Boss Usman Yusuf

Published

7 days ago

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January 30, 2025

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Professor Usman Yusuf, the former Executive Secretary of the National Health Insurance Scheme (NHIS), has been apprehended by the Economic and Financial Crimes Commission (EFCC).

 

Society Reporters reports that The EFCC’s Head of Media and Publicity, Dele Oyewale, confirmed the arrest to Channels Television during a phone interview on Wednesday.

 

 

Professor Yusuf was taken into custody following a raid on his residence by EFCC operatives.

 

 

The Commission has announced that he is scheduled to be arraigned today January 30, 2025.

 

 

This arrest follows a petition submitted to the previous administration under former President Muhammadu Buhari and the Federal Ministry of Health, citing allegations of misconduct and fraudulent activities.

 

 

Professor Yusuf was dismissed from his position in 2019, a decision made seven months after a fact-finding panel from the Federal Ministry of Health recommended his removal due to alleged mismanagement of 919 million Naira.

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Society

Just In: APC expels Rauf Aregbesola

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1 week ago

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January 29, 2025

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The All Progressives Congress, APC, has expelled Rauf Aregbesola, a former Minister of Interior and ex-Osun State Governor, over alleged anti-party activities.

 

Aregbesola, who was a two-term governor of Osun State had been having a running battle with the Osun chapter of the APC in recent times.

 

The disagreement with the APC led him into forming a factional group within the party, known as The Osun Progressive (TOP) which later mutated into the Omoluabi Caucus.

 

 

 

A letter from the APC leadership seen by newsmen on Wednesday officially confirmed Aregbesola’s expulsion.

 

The letter, titled “Allegations of Anti-Party Activities – Conveyance of State Exco Decision to You,” accused him of breaching Article 21 of the party’s constitution, which outlines disciplinary measures for members.

 

The letter read in part, “At the end of the investigation, the State Executive Committee (SEC) considered the report of the Disciplinary Committee. Having carefully reviewed the findings and recommendations, the SEC resolved to approve your immediate expulsion from the APC.

 

 

The decision was predicated on clear evidence of your actions, which undermined the unity and integrity of the party. As a result, you are no longer a member of the APC and must refrain from holding yourself out as one or acting on behalf of the party in any capacity.”

 

More details to come…..

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