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Ibom Air begins commercial operations on Friday

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Ibom Air, the first commercial airline to be owned and operated by a state government in Nigeria and Africa, will begin full commercial operations on June 7, an official said.

Ekerete Udoh, the Chief Press Secretary to Governor Udom Emmanuel, made this known in a statement on Thursday.

Mr Udoh said that the airline, having fulfilled all the regulatory conditions and requirements, was certified fit to commence commercial operations, leading to the maiden flight billed for tomorrow, June 7th.

“It will maintain regular daily flights to both Lagos (MMA2) and Abuja respectively.

“The aircrafts in its fleet (Bombardier CRJ 900) have the distinction of being relatively new, all three, under 10 years old,” Mr Udoh said.

He said the commencement of the commercial operations by Ibom Air had been celebrated by Akwa Ibomites and other Nigerians as a testament to the visionary leadership of Mr Emmanuel.

“The governor who seems determined to break conventional wisdom concerning things long thought to be impossible to achieve,” he said.

He noted that the development was Gov. Emmanuel’s avowed determination to open the three gateways to industrialisation-land, sea and air appears to be on course.

The News Agency of Nigeria (NAN) recalled that Ibom Airline which represents one of the signature projects Mr Emmanuel’s First Term.

The Ibom Air was launched on February 20 with three aircrafts by the Senate President, Bukola Saraki.

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Suicide: NAFDAC announces plan to further regulate Sniper

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The Nigerian government may direct a change in the package of ‘Sniper’, an agro-chemical that has increasingly become a choice killer for persons contemplating suicide, an official said.

The National Agency for Food and Drug Administration and Control (NAFDAC) said it is partnering with other relevant bodies on this as part of plans to discourage the use of Sniper as a tool for suicide.

This is in response to calls for a check on the proliferation and ease of access to Sniper in markets and streets across the nation.

According to Vanguard Newspaper, the Director General of NAFDAC, Christiana Adeyeye, said Sniper containers “could now be made very difficult to open, or may be turned into a spray rather than the liquid contents it is known for.”

The suicide rate has increased in Nigeria with Sniper among the agents popularly used.

Notable among the reported incidents is that of a 400-level student of the Department of English and Literary Studies, University of Nigeria, Nsukka, Chukwuemeka Akachi.

There was another case of a pastor in a popular Pentecostal church who recently committed suicide after consuming the deadly substance.

That was before Ayomide and Ajani Damilola of the University of Lagos were reported to have killed themselves using the insecticide following the accusations that they stole clothes in their hostel.

Another 32-year-old banker and mother of two, identified as Peace, of Ughelli, Delta State, committed suicide over her husband’s alleged infidelity. She also took Sniper.

Sniper: An easy killer?

The ease of access to Sniper despite its wrong use has become a worry for many Nigerians.

Bottles of Sniper can be picked up easily on the streets as they are sold openly in the market.

The World Health Organisation (WHO) estimates that the method used for 20 per cent of global suicides was through pesticide self-poisoning and they mostly occur in developing countries.

Suicide victims appear to find gulping the liquid content of the agro-chemical inside a white container an easier route out.

But experts argue that it is easier to die by a bullet on the forehead than to face the agony that follows after drinking sniper.

NAFDAC’s warning

Mrs Adeyeye also discouraged the use of Sniper and other agro-chemicals for the preservation of food as they contain substances harmful to the human body.

“We also decry poor handling of foods in Nigeria by producers and sellers, because the populace and consumers are being exposed unduly to health risks from contaminants.

“The use of unapproved insecticides such as Sniper for the preservation of grains by unauthorised persons, the use of containers contaminated with hazardous chemicals such as fertilizer bags for grains or chemical drums and jerry cans for food storage are classic examples of a common practice among the market men and women due to ignorance,” the NAFDAC chief said.

Why Nigerians use Sniper indoors

Sniper is a DDVP, 2,2-Dichlorovinyl dimethyl phosphate compound, marketed in Nigeria by Swiss-Nigerian Chemical Company, as a synthetic organophosphorus. Many Nigerians have, however, converted it to an indoor insecticide.

Sniper is predominantly used as an insecticide because of its effectiveness in killing insects better than well-established brands of insecticide.

The demand is also fuelled by its affordability. A 100ml of sniper goes for between N200 and N300 while its competitors cost as much as N750 for 100ml.

“However, Nigerians may be paying a heavier price with their health in the long term, if the trend is left unchecked”, a microbiologist, Fatima Ahmed, explained.

“The instruction on Sniper says apply diluted portions to crops and there’s a ‘withdrawal’ time in which the crop should not be consumed so the active ingredient degrades to minimal level before consumption. Now compare this minute concentration to drinking from the original sniper bottle,” she noted in the report.

According to her, health experts have raised concerns over the indiscriminate use of Sniper pesticide in the control of mosquitoes, cockroaches and other household insects.

“They warned on its dangerous effects, especially to respiratory organs and even carcinogenic risks. A person may be exposed to the associated risk of Sniper through inhalation, absorption via the skin, ingestion, and eye contact.”

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Titan Trust Bank set for grand entry into Nigeria

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Barring any last-minute changes, one of the five new banks licensed by the Central Bank of Nigeria (CBN), Titan Trust Bank Limited is set for entry into the Nigerian banking industry in grand style, in a matter of weeks, The Witness can authoritatively reveal.

This newspaper had reported that the CBN recently approved licenses for five new banks to operate in the country.

While others are still recruiting and putting things in place, inside sources say Titan Trust, a national financial institution, has completed its processes and is set for take-off soon.

Led by seasoned banker and former deputy governor of the CBN, Mr. Tunde Lemo as chairman, the new commercial bank, sources informed The Witness is starting operation with a solid post capitalization financial base in real cash.

Some of those already on board the new bank are experienced financial gurus, giving the signal that the bank is ready the compete with the long-standing and well-rooted Nigerian banks.

According to the lender, the bank was formed to take advantage of the identified gaps in the banking sector and address the unmet needs of the retail mass market, SMEs and corporates.

The new bank headquartered at Plot 1680, Sanusi Fafunwa Street, Victoria Island, Lagos, Nigeria has the following facilities: Commercial Banking, SME Banking, Digital Banking amongst others. On its commercial banking services, the lender said on its website: “As a national commercial bank, we are committed to supporting businesses, giving them the power to build a better future. Each day, companies are working together to create sustainable economic value.

“We are committed to that vision by ensuring we provide business capital and resources, primed to support these visions, as we continue to tell Africa’s story.”

Titan Trust Bank believes there is nothing like a small business. “All businesses are exactly that; businesses! Our team is made of professionals with an entrepreneurial mindset, working to help you and your business take advantage of the many benefits of banking with Titan, and give your competition a run for their money,” it said.

Titan Trust further posited that it will leverage on digital platforms to empower the emerging pan-African economy, whilst showcasing the industry pioneering solutions, expertise and professionalism.

Established on the 12th of December 2018, the bank obtained its national banking license on the 26th of April 2019, to operate as a commercial bank with national authorization.

OTHERS IN THE TITAN TEAM

Mr. Andrew Ojei

Mr. Andy Ojei is a Fellow of The Institute of Chartered Accountants of Nigeria as well as a Fellow and Council Member of The Institute of Credit Administration of Nigeria.

He was the pioneer managing director of Zenith Bank, Ghana. He left Zenith Bank Plc in June 2013 as an executive director after 21 years of service. He is a seasoned businessman with interests in real estate and information technology.

Ojei, an alumnus of the University of Lagos, Enugu State University of Science and Technology, INSEAD (France), Stanford (Singapore) and Wharton (Philadelphia) currently serves as a member of the Governing Council of Ritman University, Ikot Ekpene, Akwa Ibom State.

Alhaji Abubakar Mohammed

Alhaji Abubakar Mohammed is a seasoned entrepreneur with over 30 years’ experience managing and leading businesses across the country.

He is the managing director of Syndicated Investment Limited, a construction firm. He has held this post for over 33 years.

He has also been the chairman/CEO of Impex Limited, a security, contracting and trading company since 1993.

Alhaji Aminu Bashari

Alhaji Bashari Aminu (Iyan Zazzau), is the chairman of the Board of Directors of Vital Products Limited.

He is a Fellow of the Institute of Financial Accountants (UK) and a Fellow of the Association of National Accountants of Nigeria. He is a senior title holder in the Emirate of Zazzau and was a Senior District Head of Sabon-Gari, Zaria in Kaduna State from 1979 to 2018.

He is currently on the board of several companies.

Mudassir Amray – MD/CEO

Mudassir Amray is a banker with over 25 years of global exposure across six geographies (US, Nigeria, Malaysia, Hong Kong, Singapore, and Pakistan).

He has held senior positions in global banks such as: Citi New York – Managing Director & Head of Global Capital Management (LATAM), Citi Nigeria – Managing Director & Head of Corporate & Investment Banking, Nigeria and Ghana, Al Rajhi Malaysia – Country Business Head, Citi HK – Head of Capital Management, Asia Pacific, Citi Singapore – Head of Islamic Banking, Asia Pacific, Citi Pakistan, Country Business Head.

Adaeze Udensi – Executive Director

Adaeze has over 23 years’ banking experience, and was until recently, an Executive Director in Heritage Bank.

In her four years as executive director, she supervised the South businesses; oversaw Retail, Private Wealth, Collections, E-Business, Customer Experience and IT functions; and served as Executive Compliance Officer.

Adaeze also acted as managing director of Heritage Bank in 2017. Prior to this, she spent 16 years in Zenith Bank growing its Oil & Gas, Public Sector, Commercial and Retail businesses into the 2nd largest portfolio in the Bank, leaving as a general manager.

Adaeze has a first degree in banking, and MBA’s from Rivers State University of Science & Technology, and the University of Bangor, Wales.

She has also attended several Executive Management Programmes in Wharton Business School, Kellogg School of Management, Harvard Business School, and INSEAD.

Stella Nwihim – Head of HR

Stella is a seasoned professional with over 21 years’ experience spanning Human Resources, Sales and Banking Operations.

She has held key HR positions in Zenith Bank Plc and UBA Plc including Head Workforce Planning, Head Shared Services and Head Business Partnering, where she made significant contributions in organizational development, performance and change management and business strategy.

She holds a B.Sc. and M.Sc. (Biology) and an MBA (Management) and is a member of the Chartered Institute of Personnel and Development (CIPD).

Mark Oguh – CFO

Mark has 22 years’ experience in the banking industry covering Operations, Audit and Financial Control.

He is also a Fellow of the Institute of Chartered Accountants of Nigeria and Chartered Institute of Taxation of Nigeria.

He holds a Bachelor’s degree in accountancy and business administration and an MBA in banking and finance. He was the financial controller at Diamond Bank from 2015 to March 31, 2019.

Ademola Ajayi – Chief Compliance Officer

Ademola Ajayi is the chief compliance officer of Titan Trust Bank Limited. He holds Bachelor’s Degree in Accounting (First Class Honours) from Babcock University, Ilishan Ogun State. He also holds Higher National Diploma in accounting with Upper credits class from the Polytechnic, Ibadan. He is a fellow (FCA) of the Institute of Chartered Accountant of Nigeria (ICAN). He is also an Associate of Compliance Institute of Nigeria (CIN). He is a Security and Exchange Commission (SEC) registered Compliance Officer and a registered professional of Financial Reporting Council of Nigeria (FRCN). Internationally, he is a Certified Compliance Officer (CCO) and Certified Fraud and Crime; Investigation and Prevention by GAFM USA. He is also a fellow of GAFM USA.

He has been in the Nigerian Banking Sector since 1996, well over 2 decades, with experience cutting across financial control, credit review and monitoring, business development, banking operations, internal controls, internal audit, inspection and compliance functions. His career in banking started in NAL Merchant Bank, where he did the mandatory one year national youth service. Immediately after his service year, he was recruited by Zenith Bank, where he performed creditably well in banking operations generally, controls and risk management related functions, and later with specific focus on compliance risk management role. He played a key role in setting up compliance department in Zenith Bank and took same to an enviable height. Ademola AJAYI is a team player, and will positively impact any team he finds himself. He has attended compliance trainings, locally and internationally. He is also a competent trainer on compliance matters.

George Aiyudu – Head of IT

George is a certified COBIT implementer with over 21 years banking experience covering Banking Operations, International Operations and Information Technology.

He holds a Bachelor’s degree in Chemical Engineering and also holds a Masters Degree in Business Information Systems. He was the Group Head, IT Change and Transformation at Diamond Bank.

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Globacom celebrates Democracy Day with Nigerians

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Digital Transformation Leader, Globacom has joined men and women of goodwill to send good wishes to citizens of Nigeria on the occasion of the celebration of the country’s Democracy Day.

June 12 was designated as Democracy Day by the current administration last year in recognition of the highly regarded election held on that date in 1993. The election won by Bashorun MKO Abiola was annulled to the disappointment of most Nigerians.

Globacom in a statement released from its head office on Tuesday said the annulled election played a major role in the entrenchment of democratic governance in the country.

Globacom said the experience of Nigerians before, during and after the elections has helped to shape democracy and ensured its stability in Nigeria.

“The experience of June 12 is a national watershed in our democratic trajectory. It speaks to Nigerians’ passionate desire for democratic governance, liberty, rule of law, human rights and the inalienable right to vote and be voted for. It is a metaphor that symbolizes the country’s rejection of repression of people’s will in any form, shape or size”, the statement said.

The telecom company noted that Nigeria has had two decades of five successive democratic governments since June 12, 1993.

While praying for Nigerians to enjoy more of the dividends of democracy, Globacom urged Nigerians to continue to safeguard democratic tenets in words, deeds and actions.

Globacom expressed the hope that the ongoing democracy would lead the country to economic sufficiency and greatness.

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