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OLATUNDE PASEDA : A POLITICAL TACTICIAN WITH A HEART OF GOLD

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7 years ago

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By Femi Salako(Triangle News Media)

 

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So much value is attached to names in the Nigerian society because of the fact that whatever name we bear definitely has a defining role to play in our lives. Olatunde Rotimi Paseda is one individual who has continually enjoy the ample benefits of manifold presence of God. His name has also become a household name within and outside of Ogun state because of the major character traits that he shares with the late sage, Obafemi Awolowo.

 

Otunba Paseda as he fondly called by his supporters is clearly a blessing to Ogun state in view of his character traits that is firmly focused on providing for the needs of the vulnerable and giving back to the society that has produced him. His involvement in politics is premised on the quest to reenact the political ideals of Chief Obafemi Awolowo in the area of harnessing state resources to meet the critical needs of the masses. Otunba Paseda has proven his mettle in world of business outside the shores of Nigeria and has left no one in doubt that he can actually achieve the same success in politics if giving the opportunity.

He is the Elisha of our time that is on assignment to reignite the laudable achievements of Chief Obafemi Awolowo in Ogun state in particular and the South Western part of Nigeria at large.

 

Olatunde Paseda is a successful business man with entrenched interest in the United Kingdom where he has done very well for himself and family. The Omu man has successfully established engineering firms in the UK with business interests in the fabrication and building of heavy machinery; manufacturing of water tankers, fire engines, garbage/compacting trucks and the likes. Political interest of Paseda has largely been awakened by his conviction that he could conveniently leverage on his business successes in the United Kingdom to develop the people of Ogun state, the state itself and Nigeria as a nation.

 

Ogun state is very lucky to have a man like Olatunde Paseda who is conscious of the world of difference between a political leader and the followers; yet he has sufficiently bridged such gaps. The consciousness of this difference has always inform the image, actions, and communication mode of Otunba Paseda. The fabrication giant carries himself with an aura that never suggests that he is in anyway better than his followers; but will always elect to have an objective perspectives on wide range of issues bothering on his domain.

 

Rotimi Paseda sure has a gentle mien but posses a tough character traits. This has often than not helped him to take tough decisions whenever the need arises. He is never unmindful of the fact that difficult and timely decisions need be taken in certain situations if the the best interests of state and party are to be given premium consideration. Decisions of this nature are not always expected to go down well with everyone, but he had always effect them with the required firmness, authority, and finality. Olatunde Rotimi Paseda is never given to taking unilaterally decisions; rather he has made himself an advocate of collaborative decision making process that would bring about party cohesion and positive developments.

 

Paseda is also a model of empathy who always look out for solutions to the challenges being faced by his people. He takes it upon himself to look inward in providing pragmatic solutions to whatever problem that is  encountered by any of his followers with a firm focus on forward movement.

Rotimi Paseda has proven himself as a leader who has earned the trust of his followers. He would always do a personal follow-up on all outstanding issues, pay personal visits to his supporters, and make it a point of duty to monitor the effectiveness of party policies and procedures. Paseda will never hesitate to commend party members that are worthy of commendations while reprimands would also not be spared for those that fall short of acceptable set standard of conduct for party members. Paseda is a distinct leader that would promptly identify any problem before it becomes an emergency and  would not waste time to proffer effective solution.

Olatunde  Paseda has established himself as a political leader who is confidence inspiring. He is also a fountain of good counsels who has helped in a great deal to shape and better the lives of so many of his supporters. He is a model of a resolute mind that will stand firm to fight for and champion all worthy causes for his followers.

 

Olatunde Rotimi Paseda radiates positive energy and communicates this through his thoughts and deeds. He is no doubt a man with an heart of gold and in whose veins kindness flows. This explains why he always feels genuinely concerned for other people’s welfare. Paseda is never short of practical solutions to issues and words of reassurances that edify the souls of his party members. He is a team player who abhors pessimistic thoughts that are capable of dampening the highly effective unity of purpose spirits of his supporters.

 

Olatunde Rotimi Paseda is one of the very few politicians around that cherishes ethical practices and believes that only diligence, reliability and honesty are the bedrock of a lasting success. He so much personifies these high moral values to a point of emulation that his integrity has never been in doubt. He would not hesitate to openly share information and avoid spin control.

 

ORP has no doubt proven himself as a leader that motivates followers to best performance through effective, clear and concise communication. He throws up subtle challenges to those around him by setting high and yet attainable standards for them. He would follow it up by providing the much needed support, exposure, training and latitude for the pursuance of visions, so as to attain the very height that one can possibly climb.

 

The 2015 gubernatorial candidate of the Unity Party of Nigeria has not giving up on his dreams and visions to effect a total turn around in the body polity of Ogun state.

He still remains a strong advocate of job creation for millions of Nigerians that need a means of survival. Paseda remains unpleased with the fact that the nation in general and Ogun state in particular are yet to unleash the potentials of the youthful generation in view of the available manpower.

 

Olatunde Paseda is still very much itching to effect a change that will usher in an era of innovative governance,  people-oriented programmes and an all inclusive government that will be based on the tested principles of the old Unity Party of Nigeria founded by the late sage, Chief Obafemi Awolowo for a guaranteed future in Ogun state.

 

ORP still finds the prevailing incremental development in Ogun state very much unacceptable. He believes the only and best way to go for the state is to join the league of state like neighbouring Lagos state and take the full advantage of total development which is bound to usher prosperity into the state. In the words of Olatunde Paseda, “Yes, some can argue that there are pockets of developmental projects scattered here and there in Ogun state under the present administration, but most of these developments are obviously not people-oriented and did not benefit everyone”.

 

The grassroot mobilizer still take exception to the prevailing governance style in Ogun state  that is deliberately crafted to favour few privileged ones at expense of the larger population. Paseda still remains convinced that free education from nursery to tertiary level for all Ogun State students is achievable under the Unity Party of Nigeria. He also has his sight on provision of free health services and facilitation of integrated rural and community development in Ogun State. The Omu political tactician once lamented the health and educational states of Ogun thus: “Our tertiary institutions remain grossly underfunded and tuition fee is out of reach for majority of Ogun State students”.

 

Olatunde Rotimi Paseda equally remains committed to the creation of full and sustainable employment opportunities for the people of Ogun state. He is of the opinion that free education and free healthcare are no rocket science as some detractors would want to believe. According to him, “I’ve said it on different fora that achieving this is as simple as intelligent budget manipulation”.

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Sahara weekly online is published by First Sahara weekly international. contact saharaweekly@yahoo.com

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WEMA BANK ANNOUNCES CALL FOR ENTRIES FOR ITS YOUTH-FOCUSED HACKATHON, HACKAHOLICS 5.0*

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15 mins ago

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April 20, 2024

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*WEMA BANK ANNOUNCES CALL FOR ENTRIES FOR ITS YOUTH-FOCUSED HACKATHON, HACKAHOLICS 5.0*

 

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Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the Call for Entries in the 5th edition of its flagship youth and startup-focused tech competition, Hackaholics. This announcement was made at the Press Conference held at Wema Bank’s Head Office on Thursday, April 18th, 2024, declaring the registration portal for Hackaholics 5.0 officially opened.
Hackaholics is an annual tech and innovation competition birthed by Wema Bank in 2019 to provide a platform for young Nigerians with tech-driven ideas to bring their game-changing ideas to life, scale their ventures or startups and access a wider market for these tech-enabled solutions. Over the past 4 editions, Hackaholics has transformed thousands of Nigerian lives and businesses, helping Youth with interests spread across different areas to build their own Startups, create sustainable sources of income and gain a competitive edge on the global tech and innovation scene. Through Hackaholics, Wema Bank has powered the launch and expansion of a plethora of Startups through Hackaholics, disbursing over N150,000,000 in cash prizes in just 4 editions.

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With the launch of Hackaholics 5.0, Wema Bank is reportedly pulling all the stops to make this edition the grandest ever. Themed “Meta-Idea: DigiTech Solutions for Africa’s Prosperity”, Hackaholics 5.0 will be executed over a six-month period, touring 10 Universities across the country and challenging the Youth to pitch unique, innovative and practical Digi-Tech solutions to positively impact the acceleration of progress, development and prosperity not just in Nigeria but across the African continent.
Encouraging Nigerian Youth to leverage Hackaholics as a launchpad to their success in the digital world, Wema Bank’s Chief Transformation Officer, Babatunde Mumuni, highlighted the bank’s vision for Hackaholics. According to him, “With the birth of ALAT, a few things became clear, one of which is that while we have adopted innovation and digital excellence as our path to greatness, we need talented bright minds to drive this innovation, and this is one of the reasons we launched Hackaholics. With Hackaholics, we are not only empowering these youth to scale but also funding STEM education towards national development. Also, we are strengthening our nation’s capabilities and providing a platform for creative and innovative youth to thrive. We are in search of people who are curious, who are innovative enough to question the status quo, refine the norm and challenge themselves to make things better. If this is you, then Hackaholics 5.0 is the perfect platform to help you thrive”.
Highlighting the career opportunities available in Hackaholics 5.0, Ololade Ogungbenro, the Divisional Head of Brands, People and Culture, said, “Nigeria possesses a vibrant population of young people who are digitally skilled and willing to leverage innovation and technology as a tool to build digital products that are usable, scalable, and sustainable. All they need is an opportunity, a platform, and the right nurturing environment for their talents to thrive. That is one value we hope to harness with Hackaholics 5.0. The pitch sessions across the different universities present a unique opportunity for us to double our impact to not only empower these youth to own their own Startups from as early as their undergraduate years, but further provide them with access to first-rate employment opportunities. Through the career fairs we will host, participants and attendees can interact with us, learn about the bank’s culture, values, and job opportunities, and gain insight into the banking industry and learn about various technology-related roles available in the Bank. They’ll also enjoy Speed mentoring and Networking opportunities, Interview Preparation and a chance to hone their soft skills. So, if you are a young person who is keen on building a thriving career in Tech, then attending, and actively participating in the Hackaholics Career Fair should be a top priority for you”.
Wema Bank’s Head of Innovation, Solomon Ayodele, concluded saying, “This year, you’re going to experience the Coachella of the tech industry at our Hackaholics 5.0 grand finale tech festival, and the journey begins today. We have a cash prize of over N70,000,000 for our winners this year and we are not limiting you to any specific verticals. Any verticals you can think of will be accepted. Our focus for Hackaholics 5.0 is the brilliance of your mind so we leave it to you to discover a problem area that matters and develop an innovative solution that will drive positive impact. Our goal is to birth solutions that address diverse aspects of real-world challenges, and you have the opportunity to be a part of this transformative journey. To submit your entry please visit https://hackaholics.wemabank.com/register”.
Wema Bank has transformed thousands of lives across Nigeria, facilitating the successful creation of hundreds of startups across the country through Hackaholics. With the bank’s impact constantly proliferating especially in the digital space, it is no wonder that Wema Bank is regarded as Nigeria’s foremost innovative bank.

Interested participants are encouraged to submit their registrations for Hackaholics 5.0 at https://hackaholics.wemabank.com/register.

WEMA BANK ANNOUNCES CALL FOR ENTRIES FOR ITS YOUTH-FOCUSED HACKATHON, HACKAHOLICS 5.0
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the Call for Entries in the 5th edition of its flagship youth and startup-focused tech competition, Hackaholics. This announcement was made at the Press Conference held at Wema Bank’s Head Office on Thursday, April 18th, 2024, declaring the registration portal for Hackaholics 5.0 officially opened.
Hackaholics is an annual tech and innovation competition birthed by Wema Bank in 2019 to provide a platform for young Nigerians with tech-driven ideas to bring their game-changing ideas to life, scale their ventures or startups and access a wider market for these tech-enabled solutions. Over the past 4 editions, Hackaholics has transformed thousands of Nigerian lives and businesses, helping Youth with interests spread across different areas to build their own Startups, create sustainable sources of income and gain a competitive edge on the global tech and innovation scene. Through Hackaholics, Wema Bank has powered the launch and expansion of a plethora of Startups through Hackaholics, disbursing over N150,000,000 in cash prizes in just 4 editions.
With the launch of Hackaholics 5.0, Wema Bank is reportedly pulling all the stops to make this edition the grandest ever. Themed “Meta-Idea: DigiTech Solutions for Africa’s Prosperity”, Hackaholics 5.0 will be executed over a six-month period, touring 10 Universities across the country and challenging the Youth to pitch unique, innovative and practical Digi-Tech solutions to positively impact the acceleration of progress, development and prosperity not just in Nigeria but across the African continent.
Encouraging Nigerian Youth to leverage Hackaholics as a launchpad to their success in the digital world, Wema Bank’s Chief Transformation Officer, Babatunde Mumuni, highlighted the bank’s vision for Hackaholics. According to him, “With the birth of ALAT, a few things became clear, one of which is that while we have adopted innovation and digital excellence as our path to greatness, we need talented bright minds to drive this innovation, and this is one of the reasons we launched Hackaholics. With Hackaholics, we are not only empowering these youth to scale but also funding STEM education towards national development. Also, we are strengthening our nation’s capabilities and providing a platform for creative and innovative youth to thrive. We are in search of people who are curious, who are innovative enough to question the status quo, refine the norm and challenge themselves to make things better. If this is you, then Hackaholics 5.0 is the perfect platform to help you thrive”.
Highlighting the career opportunities available in Hackaholics 5.0, Ololade Ogungbenro, the Divisional Head of Brands, People and Culture, said, “Nigeria possesses a vibrant population of young people who are digitally skilled and willing to leverage innovation and technology as a tool to build digital products that are usable, scalable, and sustainable. All they need is an opportunity, a platform, and the right nurturing environment for their talents to thrive. That is one value we hope to harness with Hackaholics 5.0. The pitch sessions across the different universities present a unique opportunity for us to double our impact to not only empower these youth to own their own Startups from as early as their undergraduate years, but further provide them with access to first-rate employment opportunities. Through the career fairs we will host, participants and attendees can interact with us, learn about the bank’s culture, values, and job opportunities, and gain insight into the banking industry and learn about various technology-related roles available in the Bank. They’ll also enjoy Speed mentoring and Networking opportunities, Interview Preparation and a chance to hone their soft skills. So, if you are a young person who is keen on building a thriving career in Tech, then attending, and actively participating in the Hackaholics Career Fair should be a top priority for you”.
Wema Bank’s Head of Innovation, Solomon Ayodele, concluded saying, “This year, you’re going to experience the Coachella of the tech industry at our Hackaholics 5.0 grand finale tech festival, and the journey begins today. We have a cash prize of over N70,000,000 for our winners this year and we are not limiting you to any specific verticals. Any verticals you can think of will be accepted. Our focus for Hackaholics 5.0 is the brilliance of your mind so we leave it to you to discover a problem area that matters and develop an innovative solution that will drive positive impact. Our goal is to birth solutions that address diverse aspects of real-world challenges, and you have the opportunity to be a part of this transformative journey. To submit your entry please visit https://hackaholics.wemabank.com/register”.
Wema Bank has transformed thousands of lives across Nigeria, facilitating the successful creation of hundreds of startups across the country through Hackaholics. With the bank’s impact constantly proliferating especially in the digital space, it is no wonder that Wema Bank is regarded as Nigeria’s foremost innovative bank.

Interested participants are encouraged to submit their registrations for Hackaholics 5.0 at https://hackaholics.wemabank.com/register.

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Access Holdings’ Shareholders Unanimously Back Capital Raising Plan, Hail Aig-Imoukhuede’s Return as Chairman

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2 hours ago

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April 20, 2024

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Access Holdings' Shareholders Unanimously Back Capital Raising Plan, Hail Aig-Imoukhuede's Return as Chairman

Access Holdings’ Shareholders Unanimously Back Capital Raising Plan, Hail Aig-Imoukhuede’s Return as Chairman
…Re-elect Olusegun Ogbonnewo, Ojinika Olaghere as a Non-Executive Directors

The shareholders of Access Holdings Plc (“Access Holdings” or “the Group”) at the 2nd Annual General Meeting (AGM) held on Friday, April 19, 2024, unanimously backed the Group’s plan to establish a capital raising programme of up to US$1.5 billion as well as the subset initiative to raise up to N365 billion, specifically, through a Rights Issue of ordinary shares to its shareholders.
The proceeds of the Rights Issue would be used to support on-going working capital needs, including organic growth funding for its banking and other non-banking subsidiaries.
The shareholders also ratified the appointments of Aigboje Aig-Imoukhuede, Olusegun Ogbonnewo, and Ojinika Olaghere as Non-Executive Directors.
The appointment of Aig-Imoukhuede as the Chairman of Access Holdings was praised by the shareholders, who pointed to his rich history of success with the institution, having transformed it into Nigeria’s biggest lender by market value alongside Herbert Wigwe.
Aigboje’s leadership was instrumental in driving the institution’s growth during the 2004 recapitalisation of the banking industry led by the Central Bank of Nigeria (CBN) under the leadership of its former Governor, Prof. Charles Soludo.
“We are thrilled with Aigboje Aig-Imoukhuede’s return to the role of Chairman. His proven track record, experience, and strategic insights position him as the ideal leader to steer Access Holdings towards meeting its lofty targets. During his tenure as CEO, particularly during the recapitalisation directive by the CBN, he steered Access Bank to raise an impressive $2 billion in capital, and this demonstrates his capacity to, once again, lead Access Holdings towards successfully achieving the objectives of our planned Capital Raise and Rights Issue targets,” said Chief Sunny Nwosu, Chairman Emeritus of the Independent Shareholders Association of Nigeria (ISAN).
Access Holdings' Shareholders Unanimously Back Capital Raising Plan, Hail Aig-Imoukhuede's Return as Chairman
In line with the Group’s strong financial performance, the payment of a final dividend of N1.80 kobo per every N0.50 Kobo ordinary share for the 2023 financial year was approved, marking a 28 per cent improvement from the corresponding period in 2022.
The Group’s full-year results for the period ending December 31, 2023, showcased an impressive 335 per cent increase in pre-tax profit to N729 billion from N167.68 billion in 2022. The Group also experienced an 87 per cent surge in gross earnings to N2.59 trillion from N1.39 trillion in 2022 and reported a remarkable 306 per cent growth in profit after tax to N619.32 billion, from N152.20 billion in 2022.
Commencing in the second half of 2024, Access Holdings’ global expansion strategy will enter the consolidation and efficiency phase, aligning with its five-year plan to accelerate the attainment of its 2027 strategic objectives. The Group remains focused on driving sustainable growth, and delivering value to its shareholders even as it continues to build a globally connected community and ecosystem, inspired by Africa, for the world.

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Dangote crashes Diesel price to N1,000 per litre

Published

3 days ago

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April 16, 2024

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Dangote reacts to EFCC’s visit to its Headquarters

Dangote crashes Diesel price to N1,000 per litre

 

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In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1200 to 1,000 naira per litre.

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While rolling out the products, the refinery supplied at a substantially reduced price of N1,200 per litre three weeks ago, representing over 30 per cent reduction from the previous market price of about N1,600 per litre.

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This significant reduction in the price of diesel, at Dangote Petroleum Refinery, is expected to positively affect all the spheres of the economy and ultimately reduce the high inflation rate in the country.

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