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Kwara Lawmaker Trains 3,000 Persons



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About 3,000 persons have benefited from an empowerment programme organised by Senator representing Kwara South senatorial district of Kwara state, Senator Rafiu Ibrahim, through his foundation, Rafiu Ibrahim Bilal (RIB) foundation.

Speaking with journalists at the presentation ceremony in Offa recently, the chairman of the empowerment programme committee, Senator Bisi Oyewo, said unemployed youths in the senatorial district were selected and trained in capacity building and other various skills acquisitions processes.

Senator Oyewo, who said the gesture would go a long way in adding values to the socio-economic development of the people, added that Senator Ibrahim has been a true representative of the people of his senatorial district since he was elected into the House of Representatives.

Oyewo, who was flanked by other members of the committee including Alhaji Abdulrauf Akogun, Hon. Tunde Asaolu, and Hon. Biodun Adegoolu, added that the selection of the beneficiaries of the empowerment process was done in a transparent manner.

Among the various empowerment materials distributed to the grateful beneficiaries were deep freezers, grinding machines, hair-dressing machines, cars, power generators, motorbikes and tricycles.

He noted that the programme would also bring new lease of life to the people of the senatorial district in view of the current economic recession in the country.

On the foundation, Senator Oyewo said there was no doubt that, it would provide an avenue for the unemployed youths in the senatorial district to be trained in different forms of skills acquisition, adding that the gesture would assist them to acquire the capacity building that would be transformed into fruitful use in their various endeavours in the nearest future.

He listed the various benefits from the federal presence attracted to the area by the lawmaker to include road construction, provision of both hand and motorised boreholes, and federal appointments to unemployed youths.

He therefore called on the people of the senatorial district to continue to support the Senate president, Senator Bukola Saraki; the state governor, Alhaji Abdulfatah Ahmed, and leadership of the All Progressives Congress (APC) in the state so as to assist them to bring more dividends of democracy to the doorsteps of the rural populace.

The empowerment move is in line with the efforts of the state government to deliver the dividends of democracy to the people of Kwara state, through rural empowerment, provision of basic infrastructure, upliftment of farmers and various skills acquisition programmes which have sign-posted the Ahmed administration.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade experience in the global financial markets.

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Company News

Arla Food To Set Up Dairy Farm In Nigeria, Train 1,000 Dairy Farmers



Arla Foods- Investors King

Arla Foods, makers of Dano Milk, has announced that it will build a state-of-the-art commercial dairy farm in Northern Nigeria where it plans to train and support up to 1,000 local dairy farmers as part of its long-term commitment to developing the Nigerian dairy sector.

The 200-hectare farm, scheduled to open in 2022, will have housing for 400 dairy cows, modern milking parlours and technology, grasslands and living facilities for 25 employees.

The firm said the farm is expected to produce over 10 tonnes of milk per day to supply locally produced dairy products to Nigerian consumers.

Managing Director, Arla Foods, Peder Pedersen said “there was a great need for nutritious food and dairy products to satisfy the growing demand from Nigeria’s fast-growing population.”

“This requires a complementary approach where imported food is crucial to ensuring food security while also supporting the government’s long-term agricultural transformation plan to build a sustainable dairy sector in Nigeria,” Pedersen said.

In 2019 Arla scaled up its commitment to developing a sustainable dairy sector in Nigeria with a new public-private partnership with the Kaduna State government.

It is the first of its size and offers 1,000 nomadic dairy farmers permanent farmlands. Arla is the commercial partner that will purchase, collect, process and bring the local milk to market.

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The Board of Chemical and Allied Products Plc (CAP Plc) Appoints Vitus Ezinwa as a Non-Executive Director



Chemical & Allied Products (CAP) Plc - Investors King

The Board of Chemical and Allied Products Plc (CAP Plc) has appointed Dr. Vitus Ezinwa as a Non-Executive Director of the company effective from Thursday June 17, 2021, subject to the approval of the Company’s shareholders at the next Annual General Meeting.

The company announced in a statement signed by Ayomipo Wey, Company Secretary/General Counsel, CAP Plc.

Dr. Ezinwa is a seasoned business manager and human resource professional with experience in leading multinational corporations.

He is currently the Chief Operating Officer (COO) of UAC of Nigeria Plc (“UACN”) and previously, the Group Director of HR at UACN.

Prior to Joining UACN, Dr. Ezinwa worked as Group Human Resources Director for Promasidor Africa; Human Resources Director, CocaCola Nigeria & Equatorial Africa with responsibility for 10 countries and Human Resources Director for British American Tobacco, West & Central Africa covering Ghana, Benin, Niger & Togo.

Dr. Ezinwa was, until recently, the Group Human Resource Director for Tropical General Investments (TGI) Group.

He is a member of the Advisory Board of Afterschool Graduate Development Centre, member of the Institute of Directors and a Fellow of the Chartered Institute of Personnel and Development (CIPD) UK.

He is a co-founder and Director of HR Network Africa and was until 2014, a member of the Lagos Business School’s Advisory Board. He holds a Bachelor’s degree in Sociology/Anthropology from the University of Nigeria, Nsukka, MBA in Management from Lagos Business School, a Master’s in applied business research and a Doctorate in Business Administration, both from Swiss Business School, Zurich, Switzerland.

In addition to holding an executive director role on the Board of UACN, Dr. Ezinwa is a non-executive director of Grand Cereals Limited.

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DLM Capital Group Retains Position as Best Structured Finance & Securitization Team in West Africa



Sonnie Ayere - Investors King

DLM Capital Group, a prominent Developmental investment bank, has once again emerged as the best-structured finance and securitization team in West Africa at the just concluded Capital Finance International (CFI) 2021 awards.

The leading developmental investment bank has won the award in the last three years to affirm its position as the leading investment institution and asset manager in the region.

CFI awards seek to identify the contributions of individuals and organizations that contribute significantly to the advancement of economies and truly add value for all stakeholders.

DLM Capital Group creates bespoke business solutions for alternative financing and harnessing funds for growth. The group focuses on four key sectors — consumer credit, agriculture, microfinance, and education with a mandate to reduce poverty and improve living conditions for Africans, while mobilizing resources for the continent’s economic and social development.

In the past three years, our portfolio management team’s performance has remained consistent, and our clients have benefited immensely from exposure to our solutions, including the NMRC securitization deal and the DLM Primero BRT Securitization,” said Head of Corporate Communications and Marketing, DLM Capital Group, Chinwendu Ohakpougwu.

We are positioned to provide services to an expansive client base of retail, high net-worth and institutional customers. DLM Capital Group remains committed to constantly providing financial solutions that will enable our clients make a difference, and we are honored to be recognized once again as a reflection of the quality of support offered to our clients’,’ she added.

DLM has won recognition in West African capital markets, acting as a sole arranger to over 80 percent of structured finance transactions in Nigeria — and all the securitization transactions. It provides deal structuring, advisory execution and capital raising services across the Nigerian capital market.

The Institution recently launched an asset financing scheme and is preparing a venture into digital banking under its subsidiary, Sofri.

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