Thursday, 19 July 2012

Outrage over FG’s recall of Oteh to SEC


ANGRY lawmakers, civil rights activists and stakeholders in the capital market sector condemned the recall of suspended Director-General of the Securities and Exchange Commission, Ms Arunma Oteh, by the Federal Government. The Board of SEC had suspended Oteh on June 12 over, among other charges, alleged questionable handling of the funds realised from Project 50, an event the commission organised in 2011.
An Ad Hoc Committee on the Near-Collapse of the Capital Market had also indicted Oteh for similar offences. The House is scheduled to sit in consideration of the Ad Hoc committee’s report on Thursday (today). The panel recommended the termination of Oteh’s appointment. It said the DG’s appointment breached existing laws as she did not possess the requisite 15-year experience in capital market operations.
The committee’s report noted that, “She (Oteh) has shown incompetence in the management of human and material resources at her disposal in SEC. “Lack of transparency in the management of Project 50, regulatory failure in some of the recent mergers, acquisitions and approvals of transactions by SEC and general inability to carry along her staff, board and management in decision making in SEC, and questionable staff recruitment policy.”
The Federal Government however recalled her via a letter by the Secretary to the Government of the Federation, Anyim Pius Anyim, saying Oteh was never indicted for fraud. Many members of the House were said to be angry at the government’s ploy to pre-empt the House by recalling the embattled DG without waiting for the Reps’ decision on her.
Workers of the SEC also protested at the commission’s head office on Wednesday thus paralysing activities at the stock market for several hours. The workers said Oteh should not be returned to the SEC in order to protect the integrity of the stock market.
Via Punch

Wednesday, 18 July 2012

The Future Awards 2012 – Full Nominees Line-up! Voting starts immediately


As always, it’s the most anticipated list this year! The Future Awards, described by the World Bank as “The Nobel Prize for Young Africans”, after unveiling its spectacular Young Person of the Year nominees earlier this week, has now released the full Nominees List for all 21 categories.
Voting begins immediately! The voting numbers are 33120 (All networks) for Nigeria, and 1523 (Expresso & MTN), 1910 (Airtel) for Ghana. You can also vote on www.thefuturenigeria.com. According to the organisers, voting takes only 50% of the second stage of judging, so winners are not selected by voting popularity – there is a 4-stage judging process involving a Board of Judges and an Independent Audit Committee. There is also a one-week period for members of the public to make complaints about any of the nominees to the awards Central Working Committee (CWC). Please send complaints toinfo@thefuturenigeria.com.
All the nominees will be celebrated at an invitation-only media and VIP Nominees Reception on Saturday, 4 August 2012 – where they will also be inducted into the elite The Future Alumni Network. 
Profiles of the nominees will be published on the official website www.ynaija.com/thefutureawards and onwww.facebook.com/thefutureawards by July 31, 2012. Let the race begin!
THE FUTURE AWARDS 2012 NOMINEES LIST
*Note that, due to the adjusted The Future Awards calendar (it was moved from its traditional January to August, the period in review is October 2010 – May 2012. Nominees who were still 31 years as at March 2011 (six months into the period in review) are therefore eligible.
CHANGE
Best Use of Advocacy
  • Ferdinand Adimefe (Interface Foundation) 28
  • Olumide Makanjuola (The Initiative for Equal Rights) 25
  • Orode Jade Uduaghan (Pink Pearl Cancer Foundation) 22
  • Adamma Umeofia    (WeBuilt: Nigeria) 20
  • Chizoba Imoka (Unveiling Africa Foundation) 25
  • Esther Agbarakwe (Nigerian Youth Climate Coalition) 28
  • Priscilla Usiobaifo     (Brave Heart Initiative) 28
  • Babafemi Oyediran (Rural Enterprise Development Project) 29
Best Use of New Media
  • Japheth Omojuwa 28
  • Gidi Traffic  22
  • Ediong Umoh 25
  • #OccupyNigeria 26
  • #SaveOke 28
  • Beacons 29
  • Nmachi Jidenma 24
  • Wale Adetula 27
CREATIVITY
Creative Artist Of The Year
  • Obi Somto (Photographer) 23
  • Bayo Omoboriowo (Photographer) 25
  • Chibundo Onuzo (Writer) 21
  • Bobo Omotayo (Writer) 29
  • Imole Balogun (Photographer) 23
  • Remi Adegbite (Photographer)  30
  • Onyeka Nwelue (Writer) 30
  • Mohammed Abbagana  (Painter) 26
Designer of the Year
  • Adebisi Anita (Ms Makor) 23
  • Kola Kudus (Kola Kudus) 30
  • Olorunyomi Omoniyi Makun (Yomi Casuals) 27
  • Toluwaloju Olowofoyeku (Toju Foyeh) 23
  • Osakwe Amaka (Maki Oh) 26
  • Rukky Ladoja/Obi Obi/Tola Ayanwale (Grey) 27/29/27
  • Ugonna Omeruo (House of Nwocha) 28
  • Akpos Okudu (Akpos Okudu) 25
EXCELLENCE IN SERVICE
Public
  • Akin Rotimi (Ekiti State Governor’s Office) 31
  • Banks Omisore (National Assembly) 29
  • Chime Asonye (The Presidency) 26
  • Ohimai Amaize (Ministry of Sports) 31
  • John Gomiluk Otokwala (Securities and Exchange Commission) 28
  • Adaeze Nnamani (Ministry of National Planning) 31
  • The Corper (National Youth Service Corps) All ages
  • Hadiza Abdullahi (The Presidency) 31
Journalism
  • Chiemelie Ezeobi  (Thisday) 24
  • Tolu Ogunlesi (NEXT/Forbes Africa) 29
  • Alkasim Abdulkadir (CNN) 31
  • Toyosi Ogunseye (The Punch) 29
  • Oluyinka Ezekiel Adeparusi (National Mirror) 30
  • Tomi Oladipo (BBC) 27
  • Barnabas Hunjo (Radio Nigeria) 28
  • Elo Nkereuwem (NEXT/Premium Times) 31
Corporate
  • Adim Isiakpona (Marketing Manager, HP) 27
  • Seyi Ogunro (Associate, Banwo & Ighodalo) 29
  • Aneto Okonkwo (Manager, Google) 27
  • Ngozi Nkwoji (Senior Brand Manager, NB Plc) 30
  • Tomiwa Adesida (Head of CSR, Sahara Group) 32
  • Tomijogun Ogunlesi (Campus Brand Manager, Reckitt Benckiser) 28
  • Kayode Jegede (General Manager/Head of Facility Management, Deux Project) 30
  • Tokini Peterside (Communication Manager, Moet Hennessy) 24
INNOVATION
Science and Technology
  • Ahmed Mukoshy (Yrn.me) 23
  • Nnoduka Eruchalu (Ploggin.com) 22
  • Olumide Adewunmi (Gidilounge) 27
  • Zubair Abubakar (Nigerian Constitution BlackBerry App) 32
  • Chinwe Njokwu (Novel designs for microwave antennas using Nanomaterials) 27
  • Seun Onigbinde (BudgIT) 26
  • Femi Alade    (Pliris Mobile) 30
  • Raheem Temitope Bello (geoUtil, a solution for 70% current household energy consumption) 19
Education
  • Gossy Ukanwoke (Beni Online University) 24
  • Iyinoluwa Aboyeji (Bookneto 21
  • Tosin Jegede (One Child, One Book) 31
  • Adebayo Adegbembo (ASA) 29
  • Otto Orondaam (Slum to School Project) 26
  • Desiree Craig (Efiko) 23
  • Tolulope Sangosanya (Love on the Streets) 30
  • Obinna Okwodu (Robotic teaching in secondary schools) 21
ENTERPRENEURSHIP
General
  • Origoye Dare (Nylahs Catering) 30
  • Kola Oyeneyin (Venia Business Hub) 31
  • Titus and Tobias Igwe (Speadmeals Mobile Kitchen) 24
  • Aisha Maina (Aquarian Consult) 31
  • Ayodele Arigbagbu (Dada Books) 32
  • Osaru Alile & Lape Caxton-Onakoya (Caxton-Alile) 30
  • Ola Orekunri (Flying Doctors Nigeria) 26
  • Ladi Delano (Bakrie Delano Africa) 30
Agriculture
  • Ajo Kunnuho John (Animal husbandry) 29
  • Omoteso Sogo Ayodele (Piggery/Fishery/Poultry) 27
  • Tochukwu Onyemelukwe (Jaeet Nigeria Limited) 30
  • Olukayode Adeoye (Whails and Chase) 32
  • Ayodeji Adeyinka Adeoye (Irewolede Farms) 30
  • Fawolu Taiwo (Abivict Farms) 28
  • Olusola Amusan (Olusola Amusan Company) 22
  • Zechariah Obasola (Crop farming) 30
Media/Communication
  • Julie Odia (WOW) 31
  • Adaora Mbelu (Innovation Factory) 26
  • Uyi Omokaro (DM2) 30
  • Bobby Taylor (Bobby Taylor Consulting) 30
  • Komolafe Adesola (Media Insight) 30
  • Samuel Olatunji (Big Sam Media) 30
  • Uche Eze (BainStone) 29
  • Funmilade Alalade (Elev8) 28
Entertainment
  • David Adeleke (HKN) 20
  • Keke Hammond (Flytime Productions) 30
  • Tana Adelana (Tana Adelana Productions) 28
  • Emmanuel Dole Onoja (Delphino Entertainment) 28
  • Don Jazzy (Mo-Hits/Mavin Records) 30
  • Cobhams Asuquo (CAMP) 31
  • Mamah Nwanchukwu (Ape Planet) 28
  • Clarence Peters (CAPital Dreams Pictures)29
Technology
  • Ayodeji Adewunmi/Opeyemi Awoyemi/Olalekan Olude  (Jobberman) 28/24/28
  • Ajibola Modupe (OTG Playa LLC) 29
  • Jason Njoku (Iroko Partners) 31
  • Eno Essien (Rheycrak) 30
  • Bode Pedro (Veda Technology) 29
  • Kayode Disu (IISA) 29
  • Temi Kolawole (Antigravity) 27
  • Femi Alade (Pliris Mobile) 30
ENTERTAINMENT
On Air Personality of the Year (Radio)
  • Oladotun Kayode (Cool FM) 28
  • Twitwi (Wazobia FM) 32
  • Toke Makinwa (Rhythm FM) 26
  • Maltida Duncan (Rhythm FM, Abuja) 31
  • Tolu “Toolz” Oniru (Beat FM) 30
  • Nike Adewuyi (Splash FM, Ibadan) 27
  • Lorenzo Menakaya (Lion FM, Enugu) 26
  • Mazino (Smooth FM) 30
On Air Personality of the Year (TV)
  • Dolapo Oni (Studio 53/Mnet) 28
  • Denrele Edun (Channel O) 28
  • Uti Nwanchukwu (Jara/Mnet) 30
  • Ill Rymz (Nigerian Idol) 27
  • Andre Blaze (Nigezie) 29
  • Adams Ibrahim (Soundcity) 24
  • Yvonne “Vixen” Ekwere (Silverbird TV) 25
  • Maupe Ogun (Channels TV) 29
Musician of the Year  
  • Davido 19
  • Wizkid 22
  • Tim Godfrey 31
  • Ice Prince 26
  • Flavour 29
  • Naeto C 30
  • MI 30
  • Bez 29
Actor of the Year
  • Ini Edo 30
  • Tonto Dike 26
  • OC Ukeje 31
  • Ivie Okujaye 26
  • Gideon Okeke 29
  • Ramman Hassan 30
  • Kabirah Mojisola Kafidipe 31
  • Lala Akindoju 25
Producer of the Year Music
  • D’tunes 22
  • SamKlef 27
  • DJ Klem 28
  • Jesse Jagz 28
  • Ikon 29
  • Fliptyce 30
  • Legendary Beats 23
  • J Sleek 24
Producer of the Year Screen
  • Clarence Peters 29
  • Victor Sanchez Aghahowa  29
  • Onye Ubanatu 31
  • Ishaya Bako 26
  • Ladi Odebunmi 21
  • Adeola Oloyede  32
  • Anietie James Ekins 27
  • Deji Adeniyi 31
YOUNG PERSON OF THE YEAR
  • Bankole Wellington [Banky W] (Musician/Entrepreneur/Activist) 31
  • Dapo Oyebanjo [D’banj] (Musician/Entertainment Entrepreneur) 32
  • Jason Njoku (Media Entrepreneur) 30
  • Peter and Paul Okoye [Psquare] (Musician/Entertainment Entrepreneur) 31
  • Linda Ikeji (Blogger/Media Entrepreneur) 31
  • Chinwe Njoku (Scientist) 26
  • Idris Akinbanjo (Journalist) 30
  • Raheem Temitope Bello     (Scientist) 19

Via YNaija






The Biggest Prize: Here are the Nominees for The Future Awards 2012 – Young Person of the Year!


The Central Working Committee (CWC) for The Future Awards, which the World Bank has called “The Nobel Prize for Young Africans”, has again decided to unveil the long list for the biggest award, Young Person of the Year before the full list.
As is the tradition, the nominees for Young Person of the Year have been taken out of the various categories as always and identified as trailblazing role models for young Nigerians – all except for the Science and Technology categories; and that is a deliberate exception to encourage and spotlight more high-impact activity in those sectors.
“All of the Young Person of the Year nominees are winners,” Atafo said. “They are honorees and will yet again all be given plaques. Also, they will not go through the four stages of judging for the awards, only one stage for voting and one stage for judging. These guys inspire us!”
YOUNG PERSON OF THE YEAR HONOUREES 2012
Bankole Wellington [Banky W] (Musician/Entrepreneur/Activist) 31

Known primarily as a musician, Banky W has however transcended that label: emerging not just as one of the nation’s leading talents, but also building an inspiring business with Empire Mates Entertainment that has created superstars like Wizkid. Banky also leads the stage as an activist passionate about Nigeria – proving this with his involvements in everything from the What About Us? Youth Debate to #OccupyNigeria. Banky is not just an entertainment personality. He is a national figure of hope and love of country. He is a leader.

Chinwe Njoku (Engineer) 26
Njoku recently won the The Sir Robert Martin University Prize at the Loughborough University in the United Kingdom, which is the premier award of the University and consists of an award of £1,500 plus a commemorative medal. Beyond that, Njoku stands out for including significant published research that has benefited the wider community. In total she has 12 peer-reviewed publications (10 as 1st author). This includes the IEEE Transactions on Antennas & Propagation Journal (the most prestigious journal in the field) and the IEEE Antennas and Wireless Propagation Letters (Special Issue on Metamaterials). This groundbreaking research will continue in a major £600,000 major interdisciplinary government grant.
Dapo Oyebanjo [D’banj] (Musician/Entertainment Entrepreneur) 32
D’banj is not just an artiste – he is an idea. Having broken every single boundary in the Nigerian, and African, music industry through Mo’Hits Records, he has became a trailblazer for artistes reaching for an international market, with his exploits with GOOD music and his newly formed D’banj Records. As he told the UK Observer, “I see what I’m doing now as the bridge that we’ve been looking for from Africa to the mainstream world. I want others to see the potential in my country, other than our oil and natural resources.” He’s on his way to achieving that.
Jason Njoku (Media Entrepreneur) 31







 Njoku is at the forefront of Nigeria’s digital revolution – he didn’t begin it, he doesn’t own, but for much of the world he impressively represents it. With his sexy Iroko TV brand tagged the ‘Netflix of Africa’, he is the world’s largest distributor of African movies. His company raised $8 million in venture capital from Tiger Global Management, a New York based Private Equity and hedge fund run by billionaire Chase Coleman, has distribution deals with Dailymotion, iTunes, Amazon and Vimeo and has been said to be worth as much as $30 million dollars.
Peter and Paul Okoye [Psquare] (Musician/Entertainment Entrepreneur)  31
This inspiring brothers are easily the #1 in African music. That success is apparent in their high-profile shows/tours across the continent, their endorsements and the mega-launch of their last album in 2011. Their video featuring American super-star Rick Ross continues to be a talking point across the music industry; and in addition to signing with Akon’s Konvict Muzik, they are also signed to the Universal Music Group. Currently, this music duo is the  artiste with the highest YouTube video views of over 25,000,000 in the continent.
Linda Ikeji (Blogger/Media Entrepreneur) 31
She is the most influential Nigerian online – and it is a position she has wielded with flair and a keen sense of history. There are those who see Linda as a blogger peddling soft stories, but she has become much more than that, influencing issues, driving conversations and doing good. Linda’s influence can be seen in her spotlighting #ABSURape, involving a young woman in Abia State, profiling Oke, the young man who almost lost his leg due to complications from diabetes, and taking up the cause of Blessing Effiom. These three issues caught the attention of the nation – and it was because Linda took it seriously. She is a phenomenon.
Idris Akinbajo (Journalist)  30
Starting with NEXT Newspapers and now as Head of the Investigative Desk at Premium Times, he has worked quietly and stealthily to reveal most of the rot in Nigeria’s politics and economy – with exclusive revelations in aviation, campaign finance and more. That work has not gone unnoticed; winning him awards including African Investigative Journalist of the Year, Nigerian Investigative Journalist of the Year, Best Nigerian investigative story in print, and Second best Nigerian investigative story (online). He has now been announced a finalist for the CNN/Multichoice African Journalist 2012. Akinbajo is a journalist’s vision.
Raheem Temitope Bello (Scientist) 19
Bello has two undergraduate degrees – in Astronomy and Physics with Special Honours and is already a doctoral student; all before he turned 19. For most of his undergraduate years, he conducted research in a condensed matter physics lab; refurbishing the thermal conductivity probe and fabricating unique thermocouples of 0.001” in order to measure temperature gradient. During his 2+ years of research, he has presented his work at various conferences and given an oral presentation at the American Physical Society (APS). Presently, he is working on the devolvement of a startup energy utility company, GeoUtill. GeoUtill leverages geothermal energy to supply homes with clean, sustainable, and dependable energy. Since receiving feedback from applying to startup incubator competitions, GeoUtill has refocused on its mission. GeoUtill believes that there is an abundance of energy all around us, which can supply all of the energy demands. We are currently working on the development of a new type of a low cost solar panel, that may be deployed any where in the world without access to an energy grid. And he is still in his teens!
“Note that, due to the adjusted The Future Awards calendar – it was moved from its traditional January to August, the period in review is October 2010 – May 2012,” Atafo added. “Nominees who were still 31 years as at March 2011 (six months into the period in review) are therefore eligible.”
Via YNaija

Boko Haram changed my focus – GEJ


President Goodluck Jonathan has today explained why he seems to have deviated from his campaign promises of job creation, provision of infrastructure, food security, and constant power supply.
According to SaharaReporters, the president admitted that he was distracted by the activities of the dreaded Boko Haram Islamic sect and he expressed hope that the violence will eventually ebb. Mr. Jonathan made the confession at the 60th National Executive Committee of the Peoples Democratic Party (PDP).
He said: “During [presidential] campaign, our emphasis was more on job creation, power, but now what worries us most is security. This is because you must be alive before you will eat food”. He described security as “very, very fundamental,” saying, “If you are not safe, you can’t even think of hunger because a dead person does not need food”.
Mr. President explained that though he made many promises to Nigerians during his campaign he has now been forced to change government policy to focus on security due to the activities of the violent militant sect. President Jonathan had assured Nigerians a few months ago that the Boko Haram crisis will end in June.
Via YNaija

Nigerian League rated Africa’s Best


The Nigerian Premier League has been ranked as the strongest African league for 2012 and 24th in the world. The classification was done by the International Federation of Football History and Statistics who assessed the performances of the clubs from January 1 to July 10, 2012.
The IFHHS added points won in all continental competitions by the five best placed clubs of the Nigerian Premier League. Last month, two Nigerian clubs, Enyimba and Sunshine Stars were named in the 2012 top 10 club rankings for Africa. The performances of the clubs were assessed from January 1 to July 10, 2012.
Tunisia’s top flight, which has reigning African champions Esperance, is in second place in Africa and ranked 31st in the world. The Ghana Premier League is in third place but tied on points with Morocco.
With no competition taking place in Egypt since January 2012, the country’s Premier League is ranked 9th on the continent despite having two clubs in the CAF Champions League.
Via Punch

Fashola reprimands Colonel, Sergeant on BRT Lane


Lagos State Governor Babatunde Fashola on Tuesday reprimanded two military officers for driving on the dedicated Bus Rapid Transit lane. The soldiers were accosted on the BRT lane at the Outer Marina on the Island.
Fashola expressed dismay that those who should show discipline and professionalism were the ones violating the BRT regulation.
Colonel K.I. Yusuf drove an Army Green Peugeot 406 with registration number BO1 – 150 NA, while Staff Sergeant A.J. Adeomi drove a black Toyota Camry.
Perhaps realising the problem that could come from being accosted by the governor, Yusuf reportedly alighted from his car and saluted Fashola repeatedly, saying, “I am sorry, very, very sorry.” But the governor instead asked, “Why, as a senior military officer, did you choose to break the law instead of preserving it?”
The incident was said to have drawn the attention of commuters and other passers-by who reportedly commended the governor for showing good leadership. Fashola, after the incident, said it was unfortunate that those who ought to be defenders of democratic values were the ones violating the law.

Bloody Nigerian!

Yes! I am a bloody Nigerian! I love my country despite the hardships we face on a daily basis. Always hopeful for a better tomorrow. Come with me as I take you through the corners of my nation. It might be a bumpy ride, but you'll be glad you did.