Yesterday, during a courtesy visit to the Governor of his native Delta State, Tony Elumelu Foundation (TEF) Founder and Chairman of United Bank for Africa (UBA), Tony O. Elumelu, CON pledged N500 million to create an entrepreneurship programme exclusive to indigenes of the state. He made the commitment after presenting 50 beneficiaries of the TEF Entrepreneurship Programme to Governor Ifeanyi Okowa.
“Your Excellency, on behalf of the Heirs Holdings Group, we will work with your office to put in place a new programme to support Delta State youth and I commit N500m to this purpose,” said Elumelu. “Indeed, hearing about your commitment to our youth and the impressive work you have done in the state, I am proud to call you my Governor and it makes me even more proud of my state.”
Governor Okowa in his speech, commended Mr. Elumelu for the work of his foundation, highlighting that TEF’s recent collaboration with French President Emmanuel Macron demonstrates the level of global recognition and stature that the Foundation has received:
“You didn’t restrict the impact of your Foundation to Delta, or even to Nigeria, you have empowered 4000 across Africa. What you are doing my brother is giving hope to others, who in turn will help to change the narrative of our country and continent and influence the people around them. You are changing the narrative of giving – not just handouts, but giving skills and mentoring. In the next ten years, the impact of the Tony Elumelu Foundation will be truly transformational – the multiplier effect will be huge. The whole country should support and think positively in this same direction.”
He continued: “I would also like to use this opportunity to encourage our brothers, sons, daughters and fathers that it would be heartwarming if we can make this kind of positive impact we’re seeing with the Tony Elumelu Foundation. It will help us reduce restiveness, and create employment so that as a country we have young people who are not just seekers of employment but creators of employment.”
A highlight of the event was the sharing of success stories between beneficiaries of the Foundation and the beneficiaries of the different wealth and entrepreneur development programmes of the Governor Okowa administration. One prominent Delta State indigene and alumni of the TEF Programme, Zion Oshiobugie, confided that:
“I was once someone’s houseboy, thinking of committing suicide when I lost my job. When I started my business, I was always asked for collateral, but Mr. Elumelu only asked for me an idea with transformative potential. Today, I run a school providing quality education for those who most need it. I am living proof that with money and training from the Tony Elumelu Foundation, dreams can come true.”
The TEF Entrepreneurship Programme is Tony Elumelu’s $100 million commitment to identify, train, mentor and fund 10,000 entrepreneurs from across Africa in 10 years. In its 4th year now, the Programme has empowered 50 entrepreneurs from Delta, 251 from the Niger Delta region and 1,862 Nigerians in all. Combined with this new Delta-focused N500 million commitment, Elumelu’s total investment in Nigerian entrepreneurs to N4.4 billion since 2015.
ADEDUNTAN, FIRSTBANK MD HEADLINES UNIVERSITY OF IBADAN (UI) MAIDEN GRADUATE CAREER FAIR
Nigeria’s premier financial Institution, First Bank of Nigeria Limited, has announced its sponsorship of the University of Ibadan (UI) Graduate Recruitment/Career fair which took place on Tuesday, 6 November 2018 at the University’s Conference Centre in Ibadan, Nigeria. The Graduate Recruitment/Career Fair is part of the activities lined up for the commemoration of the institution’s 70th Foundation Day Anniversary and 2018 Convocation Ceremonies.
The Career Fair was convened to promote the engagement between organisations, spanning diverse industries and exceptionally talent among the final year students of the University on career mentoring and ready for work tips. The Vice Chancellor of the University of Ibadan – Professor Abel Olayinka delivered the welcome address whilst the Managing Director of First Bank of Nigeria Limited, Dr Adesola Adeduntan who is an alumnus of the University gave the keynote lecture.
Other activities lined up for the event were the syndicate and coaching speed sessions. The Syndicate Session comprised four activities namely; Employability Skills, The Future of Work, Academic Pursuit – What and How? and Entrepreneurship/Startups. These sessions were driven to ensure the preparedness of the young graduates towards their career pursuit.
On the other hand, the Speed Coaching Session was used to share knowledge and solve problems quickly. There were experienced Human Resource professionals on ground to help the students in the areas of resume writing; aptitude test, assessment centres and interview preparation as well as searching for jobs.
According to the Group Head, Human Capital Management & Development, First Bank of Nigeria Limited, Rosie Ebe-Arthur, “the FirstBank-University of Ibadan Graduate Recruitment/Career Fair is a noble initiative we are pleased to identify with. Interestingly, this partnership is indeed a celebration of Firsts as the Graduate Recruitment/Career Fair is the first of its kind by the premier University and FirstBank, the premier Financial institution in the country. FirstBank’s participation in the event is indeed an avenue to identify young Nigerians with the right skillset that epitomises our vibrant and creative workforce.”
First Bank partners CFA Society for Ethics Challenge
First Bank of Nigeria Limited is partnering with CFA Society Nigeria for this year’s edition of its Ethics Challenge. The Ethics Challenge is a university outreach programme organised by CFA Society Nigeria for university students. It aims to promote the highest standards of ethics, education, and professional excellence in the investment industry. First Bank said in Lagos on Tuesday that the partnership aligned with the Corporate Responsibility and Sustainability strategic approach and the objective of the bank’s endowment programme – the Samuel Asabia Chair for Business Ethics at the University of Lagos
Mrs Folake Ani-Mumuney, its Group Head, Marketing and Corporate Communications, said the partnership would also showcase the bank’s support for education amongst youths and the drive for nation building.
Speaking on the event which would hold between Nov. 2 (Lagos and Abuja) and Nov. 3 (Lagos only), Ani-Mumuney said: “It is part of the bank’s ambition to raise the next generation of financial analysts who will operate under the appropriate guiding principles.
“This partnership is an improvement of last year’s edition of the programme. We realise the need to carry out adequate engagement with students as regards business ethics.
“That way, we will be shaping the future of the investment industry in Nigeria.
“With seven universities competing in the 2017 ethics challenge, CFA Society has set out to increase the impact of the 2018 version by expanding the number of participating universities from seven to twelve, including at least one West African university.’’
According to her, this year, the programme will run regional competitions in Abuja and Lagos before running a National Final in Lagos.
“Also, in line with its ‘Women in Investment Management Initiative’ and to encourage women inclusion, the CFA society has added a requirement that each team must be represented by an equal number of female and male students,’’ she said.
Ani-Mumuney said that she was optimistic that these two strategic improvements would position the competition to enable the bank make bigger impacts through the Ethics Challenge.
“Participating universities for the programme are Babcock University, Bowen University, Covenant University, Ekiti State University, Mountain Top University, Obafemi Awolowo University Ile-Ife, University of Benin and University of Calabar.
“Others are university of Ibadan as well as University of Lagos for the Lagos preliminary round, while the Abuja Based preliminary round will have University of Abuja, University of Maiduguri, University of Ilorin, University of Nigeria and Madonna University participating.
“The competition will take place in two rounds with the preliminary rounds taking place in Lagos and Abuja.
“Thereafter, two qualifiers from the Abuja region and four qualifiers from Lagos region will converge in Lagos for the grand finale,’’ she said.
UBA Receiving Entries For National Essay Competition
The UBA Foundation is now accepting entries for this year’s edition of the National Essay Competition. The first prize for the competition is a N2 million educational grant for the winner to study in any African university of his or her choice, a 100% increase from N1m which was awarded last year, while the second and third prizes have increased to N1.5 million and N1m educational grants respectively.
Applicants must be secondary school students, schooling in Nigeria and applications close on 2nd November, 2018.
Kindly use URL https://www.ubagroup.com/national-essay-competition
To apply, qualified candidates must:
1. Attach 1 passport photograph, a photocopy of their original birth certificate or a photocopy of international passport data page.
2. Submit their complete contact information (School Name and Address, Residential Address, Phone number and Email Address)
3. Send Handwritten entries (not more than 750 words) should be sent to:
UBA Foundation, UBA House, 57 Marina Street, Lagos Island, Lagos State.
Applications can also be sent to any UBA Branch in Nigeria
The educational grant is only applicable to students who intend to study in an African University.
LATE ENTRIES will not be accepted
Kindly use URL https://www.ubagroup.com/national-essay-competition
#National Essay Competition
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