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Peter Obi Resigns Peoples Democratic Party’s Membership Ahead of Presidential Primaries

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Peter G. Obi

The former Governor of Anambra State and the Presidential aspirant under the Peoples Democratic Party (PDP), Peter Gregory Obi on Tuesday announced he has resigned his membership due to recent developments that made it impossible to continue to participate and contribute to nation-building.

In a letter obtained by Investors King, the former governor cum entrepreneur submitted his resignation letter on Friday, May 20, 2022 to the Chairman of Agulu Ward 2. Anaocha LGA Anambra.

He said “I am by this letter informing you of my withdrawal from the PDP Presidential Primaries.

“It has been a great honour to contribute to nation-building efforts through our party. Unfortunately, recent developments within our party make it practically impossible to continue participating and making such constructive contributions.

“Our national challenges are deep-seated and require that we each make profound sacrifices towards rescuing our country. My commitment to rescuing Nigeria remains firm, even if the route differs.”

By ‘even if the route differs’, the vibrant politician may be suggesting pitching his tent with another party that shares his political ideologies for national building.

Peter Obi

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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JJC Skillz Announces Separation From Funke Akindele After 6 Years of Marriage

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Abdulrasheed Bello, popularly known as JJC Skillz, has announced separation from his wife the popular Nollywood actress, Funke Akindele.

JJC Skillz, disclosed the marriage separation via a post on his official Instagram page in the early hours of Thursday.

JJC’s post:

“Dear Friends and family, I need to let you know that Funke and I have separated. While it lasted, we shared a lot of things together and have created two beautiful children.

“The last two years have been extremely difficult for us. I know I have tried my best to fix things but I believe it is beyond repair now.

“Three months ago and at Funke’s insistence, I moved out of the house and apart from AMVCA have not been able to get Funke to sit down in an amicable manner to discuss the future of our relationship.

“I’m making this announcement so that the public is clear that we both are pursuing separate lives.

“We still have issues that need to be addressed such as the custody and wellbeing of our children which is paramount as well as business interests which need to be disentangled but I have no doubt that these will be resolved one way or the other.”

JJC and Funke Akindele got married in 2016 and welcomed a set of twins in 2018. The marriage lasted for six years.

Recall that the celebrity couple had earlier disputed a rumored breakup on Father’s Day, June 19. Funke had celebrated JJC Skillz on Father’s Day.

“Happy Father’s Day darling!!! Thank you so much for being a wonderful and caring father. We love you God bless you more Baba Ibeji of life!” she wrote at the time.

Commenting on the post, JJC reacted with: “Awwwww thank you darling, God bless and protect us #familyfirst #thebellos.”

However, in his post announcing their separation, the rapper and movie producer said the last two years had been difficult and that Funke Akindele asked him to move out of their home three months ago.

 

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IATA Kicks as FG Excludes Foreign Airlines from Priority Forex List

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The International Air Transport Association (IATA) on Sunday kicked against the Federal Government of Nigeria’s decision to exclude foreign airlines from its priority list when approving forex requests.

The association made this known at the 78th Annual General Meeting and World Air Transport Summit held in Doha, Qatar on Sunday.

Speaking at the event, Kamil Al-Alawadhi the Regional Vice President for Africa & Middle East, IATA, said the decision to not prioritize the aviation sector, especially foreign airlines in forex requests was unacceptable, adding that the move could hurt the nation’s aviation industry.

According to him, blocked foreign airline funds in Nigeria stood at an estimated $208 million in the third quarter of 2021 and by the first quarter of 2022, this has risen to $283 million.

This Alawadhi said the Federal Government must start working on reducing as the aviation sector is a crucial sector of the economy responsible for thousands of job creation and it will be wrong to deny foreign airlines the opportunity to repatriate their revenue.

He, however, said officials of the association would visit Nigeria soon to discuss the matter, Investors King understands.

The IATA VP said, “Nigeria needs to start reducing the backlog. The Central Bank of Nigeria was not forthcoming on the blocked funds. It is sad that Nigeria owes the bulk of the entire blocked funds. This is very unacceptable”.

“We heard that there is a shortage of dollars. It has been a hectic ride. We met with the Vice-President. We will keep checking. This is going to damage the image of the country. We are hoping that it will go down well. The figure is huge”.

However, the issue was a result of a chronic forex shortage that have seen foreign exchange demand risen to a record-high and pushed the Naira to Dollar exchange rate to N610/$ at the black market despite the Central Bank of Nigeria’s efforts at converging rates.

 

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Transforming Job Seekers to Sustainable Job Creators

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Nexus Project

What is the Nexus Project?

The Nexus is a virtual platform that de-isolates young entrepreneurs and connects them to an ecosystem of knowledge intervention and technical support services. It is designed to improve the chances of building sustainable businesses, thereby improving the conversion rate of job seekers into job creators and reducing the failure rate of start-ups in the context.

The Nexus platform will have the following features:

  1. The Investment Readiness Map (IRM) – a personalized mapping of enrolled entrepreneurs’ learner journey. It is a market-driven narrative articulating the entrepreneur’s journey from ‘unlocked’ assets to investable and sustainable ventures. The IRM is expected to embed an Investment Readiness Scorecard capable of identifying investor-proof knowledge gaps and learning needs of enrolled entrepreneurs. This will then inform the knowledge and industry interventions to be delivered across the project timeframe.
  2. (A) Academic institutions’ content delivery capability to deliver knowledge intervention throughout the project based on the identified knowledge gaps learning needs.
  3. (B) Personal Development and Wellbeing component that addresses the individual development and wellness of the founders throughout their journey.
  4. Comprehensive coaching and mentoring programme aimed at connecting the target youth to technical knowledge and expertise
  5. An investment hub designed to showcase investors for investment-ready entrepreneurs to secure investments for their viable businesses or products.

This isn’t all, visit https://live.henley.ac.uk/page/nexus and the Youtube post https://www.youtube.com/watch?v=B_gV23YImag for  more insights.

 

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