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Prof. Ekekwe, Dr. Sam Ohuabunwa, MY – Ace China, H. E Dr Mohamed Maait, Others for Africa Economic Summit

By
Ndubuisi Ekekwe
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0

…Prof. Ekekwe, Dr. Sam Ohuabunwa, Engr. Gbenga Komolafe, MY – Ace China, Dr. Joan Kiema – Ngunnzi, McDan Mckorley, H. E Dr Mohamed Maait, Others confirm participation at the Africa Economic Summit

History shows that value shifts are always triggered by a new story. The current state of the world has given a rare chance to Africa to rewrite the story of Africa. But to do that, governments of African nations need the boldness to review and challenge the current models which drive government and private sector actions in Africa.

According to Dr. Brian Reuben, CEO, Africa Economic Summit Group, ‘Africa is better off united than otherwise’. “We have never before needed one another than we do today. No nation can alone effectively fight the unfair treatment of African nations, misrepresentation of Africa in the international press, defeat terrorism, empower productivity or arrest youth unemployment. Our best chance of success is working together.”

‘It is for this purpose that we are organizing the maiden edition of Africa Economic Summit, a high-level assemblage of thought leaders to discuss issues and frame solutions to the economic problems affecting Africa.’

Through keynotes, special addresses, interviews, round table discussions and theme-focused strategic sessions with distinguished thought leaders and subject matter experts the summit will discuss critical issues to help business and political leaders gain clarity on issues of prime importance around re – defining global partnerships with Africa, Innovation, The Fourth Industrial Revolution, African Continental Free trade Area Agreement and energy transition. Participants will harvest the finest of thoughts by Africans and the friends of Africa in addressing the economic issues in Africa from an African perspective.

The Africa Economic Summit also offers participants the chance to forge a path forward to necessary solutions on issues affecting the world with ambitious African leadership.

The one – day summit which will hold on March 30th at Fourpoints By Sheraton Hotel, Victoria Island, Lagos is planned to close with a release of a white paper on coordinated actions that governments and institutions should commit to and implement for the improvement of the economy of Africa, strengthening the competitiveness of African companies, addressing security challenges among others. The summit will feature speakers and participants from across African nations.

Through the Africa Economic Summit, we hope to facilitate new investments, encourage business development, share best practices, guarantee peer-to-peer networking, offer new industry insight, showcase excellence and promote thought leadership.

Confirmed speakers, panelists and moderators from around Africa like:

  • Dr. Sam Ohuabunwa – Presidential Aspirant, Nigeria
  • Dr. Florence Hannah Kithinji – Deputy Director, Kenya School of Government
  • Dr.  McDan McKorley – Chairman, McDan Group, Ghana
  • Her Excellency Wairimu Faith – Presidential Aspirant, Kenya
  • Engr Gbenga Komolafe – CEO, Nigeria Upstream Regulatory Commission
  •  Engr Justice Derefaka – Technical Adviser on Gas Business to the Hon Minister of State for Petroleum Resources, Nigeria
  • Mr. Bolaji Osunsanya – CEO, Axxella Group, Nigeria
  • Mr Sharfuddeen Zubair Mahmoud- General Manager Market, Competition and Rates Division Nigerian Electricity Regulatory Commission
  • E Hon Paskal A.B Rois – Honorary Consul of the Republic of Indonesia in Ghana
  • My-Ace China – The Mayor of Housing, Nigeria
  • Dr Kingsley Azonobi – Chairman, Domak Group, Nigeria
  • Prof. Ndubuisi Ekekwe – Founder, Tekedia Institute, USA
  • Professor Gregory Ibe – Founder, Gregory University, Uturu Nigeria
  • Franklin Owusu-Karikari, Director NEIP, Office of the President, Ghana.
  • Hon. Dr Joan M. Kiema-Ngunnzi – Minister of Trade and Industrialization, Government of Embu, Kenya
  • Hon Dumelang Saleshando – Opposition Leader, Parliament of Botswana
  • Dr Dominic Oduro-Antwi – President, Global Africa Trade Advisory Chamber
  • Mr. El Shahat El Ghatwary – Commissioner, Egypt Customs Authority,among others will examine themes around; re- thinking Africa’s post – Covid economy, shaping the future of energy, materials and infrastructure in Africa, re- examining the major challenges facing the real estate development industry in Africa; how digital technology can accelerate Africa’s economic transformation and the future of trade in Africa: examining policies, infrastructure and technology.

Dr. Obiora Madu – President/CEO, Multimix Group and Director General of African Centre for Supply Chain and Linda Ochugbua, Digital Sales Manager, BusinessDay Nigeria will serve as roundtable and session moderators.

This summit is free for all senior decision makers in government and businesses in Africa but participants will have to register at www.africaeconomicsummit.co.uk

 

Dr. Brian Reuben

CEO, Africa Economic Summit Group

admin@africaeconomicsummit.co.uk

The Youth of Nations and Call into the Future

By
Ndubuisi Ekekwe
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0

Join me tomorrow as I deliver the keynote on YouthUp Global Summit with the theme “Collaboration for Social Impact: The Role of Youths and Social Enterprises”.

The Summit is designed to highlight different programs and projects that NGOs, social enterprises, and other youth-friendly organizations are embarking on, and how collaboration can deepen impacts.

  • Date: March 26, 2022
  • Time: 11.00am WAT
  • Topic: The Youth of Nations and Call into the Future
  • Speaker: Ndubuisi Ekekwe

Register free here for Zoom link 

Nigerians MUST Demand Presidential Debates for 2023 Elections

By
Ndubuisi Ekekwe
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1

I think it is coming along with Peter Obi and Atiku in for the PDP. In APC, we’re still expecting Vice President Prof Osinbajo to declare. That would be the most challenging call during this election cycle; if he declares, would the streets of “inner Lagos” be opened for him since Senator Tinubu is already in? 

Yet, irrespective of who decides to exercise his or her constitutional rights, I will want to see DEBATES. While debates may not be critical for good governance, debates push leaders to think over issues they will encounter on Day 1. Also, if there are debates, and in the process of preparing for them, politicians can build a team which can get to work on Day 1.

People, I want to see Obi debates Atiku, and Osinbajo goes against Tinubu. Nigerians must demand for debates because President Buhari provided enough data to show that we need debates. The reason it took him months to set up a cabinet in his first term was simple: he did not discuss many of the national main issues with anyone and because of that, it was impossible to build a team on time. As a result, the nation wasted months, waiting for him to perform a process which would have been done pre-inauguration. That should not happen again.

Debate and let us see what you have got.

In the UK, because of debates, leaders present their cabinet members on the first week of inauguration. That is possible as they know who could do what, partly because they all worked the process during the debate preparations.

I am available to help any leader develop a system to drastically reduce corruption in Nigeria; watch my video below.

Inaugural Address by Ndubuisi Ekekwe, President, LinkedIn Nation

Peter Obi Finally Declares for Nigerian Presidency

By
Samuel Nwite
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0

Former governor of Anambra Mr. Peter Obi, on Thursday, declared his intention to run for president in 2023. The declaration comes after heightened anticipation as he has been touted as the best choice among others who have announced their intention to lead Nigeria.

“Dear Nigerians, I am here to inform you all that I will be aspiring for the post of president of Nigeria in 2023,” Mr. Obi tweeted on Thursday.

Mr. Obi was the running mate of former vice president Mr. Atiku Abubakar, who lost to Muhammadu Buhari in the 2019 presidential election. Mr. Atiku had earlier declared his interest to run for president once again, for the fifth time. Both of them declaring interest in running for president this time puts their political party, the People’s Democratic Party (PDP) in a tight position.

The two major political parties in Nigeria, the ruling All Progressive Congress (APC) and the PDP have been put under pressure by Southern governors’ decision to choose their presidential flag bearers from the South. The Southern governors had last year, in a bipartisan decision, agreed that the 2023 presidential candidates must come from the South.

While the APC has made the decision, the PDP is yet to say if it’s going by the North to South zoning. This, many believe will make PDP’s primary election a tight contest.

Last month, Mr. Atiku had bragged that he stood the best chance to win a ticket. “Have I ever failed to win the ticket? I’m confident,” he said.

Tired of years of failed leadership by old people, Nigerians, among other things, are clamoring for a younger president in 2023, and Mr. Obi 60, who is 15 years younger than Mr. Atiku Abubakar, appears to be the real deal.

“Peter Obi’s race is our own. We will queue, donate, mobilize grassroots, sponsor radio & T jingles & spread the word on the streets. Peter is not hero or the messiah. But with him, you & I will have that fighting chance. That’s a simple message. JOIN US IN THE MOVEMENT,” Nefertiti, a Nigerian Twitter user tweeted.

However, while there has been teeming support for Mr. Obi in the South, his chance of winning the PDP’s ticket is said to depend on the party’s bigwigs. When it comes to credibility, Mr. Obi is believed to be miles ahead of other candidates, especially Mr. Atiku, whose presidential ambition has been accompanied by allegations of corruption. However, Mr. Obi’s popularity is said to be limited to the South, which may scuttle the PDP’s chance of winning the election as a presidential aspirant needs also to be popular in the North in order to win.

The governor of Sokoto State, Aminu Tambuwal, who has also expressed interest in running for president under the PDP, said the party should forget about zoning and give the ticket to who has what it takes to tick the box.

“I’m appealing to party that we should be talking about how to win the election. Not just zoning of where the president is coming from,” he said.

It is not clear if the PDP has the intention of zoning its ticket to the South – that would eliminate northern aspirants and broaden Mr. Obi’s chances.

Ghana President, Ministers Slash Salaries By 30% To Reduce Spending As Country Struggles

By
Ojukwu Emmanuel
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0

Ever since the Russian-Ukraine war began, Russia being a country that has the largest gas reserves in the world, making them the largest exporter of natural gas in the world shipping an estimated 196 billion cubic meters of gas per year, had to halt the supply of gas to several regions, leaving hundreds of thousands of inhabitants without has. This action saw the price of global fuel skyrocket, which drove up the cost of living, food prices, and transportation in a way that hit West African countries hard with Ghana not being an exception.

Countries in developed and developing nations have been hit hard this period, and the governments of countries affected are constantly seeking ways to boost the economy of their country. Just recently, Ghanian President Nana Akufo-Addo and his ministers decided to slash their salaries by 30 percent to reduce unnecessary spending as the country struggles with high fuel cost which was caused by the Russian-Ukraine war, and stalled progress on a new tax.

According to Ghana’s finance minister Ken Ofori-Atta, he announced that foreign travel by government appointees, except for critical missions, and the purchase of imported vehicles have been suspended with immediate effect. The government of Ghana has been struggling to raise domestic revenue as gridlock in Parliament since last year has stalled the passage of a controversial 1.75 percent E-levy tax aimed at bringing in additional funds.

The country has come out with strategies to help boost the economy of the country in this challenging period. They have also decided to include a 50 percent cut in fuel coupon allocations for all political appointees in the country, and all heads of government institutions. According to data published by the bank of Ghana, it indicated that the country’s debt to GDP was 80.1 percent at the end of December 2021.

The slashing of salaries for Ghana’s president and his ministers is indeed a laudable one, which I strongly commend. This gesture shows that the president of Ghana has his country at heart and he is also hell-bent on boosting the country’s economy as well as seeking solutions to the country’s challenges. It might also interest you to know that Ghana’s neighbor Nigeria, is also struggling with similar problems as Ghana. The country has been ravaged with poor power supply and also the prices of petrol and diesel have skyrocketed which has caused inflation in the country.

But despite all these challenges the country is facing, there has been no evident measure taken by the President and ministers in ensuring that they seek ways to improve the country’s economy. With the high level of corruption that goes on in the country, I doubt that the president will take a cue from Ghana’s government by slashing his salary and that of his ministers. It might interest you to know that a third-world country like Nigeria has one the highest-paid legislators in the world. What an irony!

The average legislator pay is more than 50 times Nigeria’s GDP per capita. This is a country where millions of people live on less than two dollars daily. The legislators’ pay is indeed outrageous and needs to be slashed to meet the country’s needs. The yearly allocation for the National assembly, which has less than 10,000 individuals on its payroll, surpasses the annual budgets of 21 States in the country. While the country continues to deal with financial issues which can be traced to the slump in global crude oil prices, the president and lawmakers continue to receive outrageous amounts as take-home salaries yet the country also keeps borrowing.

It can be recalled that in 2017, the government of Kenya had to cut the salaries and allowances of top state officials in a bid to reduce the country’s wage bill. The case of slashing lawmakers’ salaries has always been different as it seems like an impossible thing to do in Nigeria. Each time there is a call for the slash of lawmakers’ salaries it is usually followed with an act of rebellion from them. It’s high time the government of the country look into the salary of government officials and slash their salaries starting from the presidency because it doesn’t make sense that a developing nation has one of the highest-earning legislators, yet its economy is unstable.

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