Showing posts with label partnership. Show all posts
Showing posts with label partnership. Show all posts

UBA CEO, starboy Wizkid speak on partnership

The Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA), Kennedy Uzoka, and singer Ayo Balogun, popularly known as Wizkid, have addressed the importance of their partnership to Nigerian small and medium businesses.

While speaking on the reason behind the choice of Wizkid as the bank’s Ambassador, Uzoka said the decision was prompted by UBA’s commitment to small and medium enterprises.
Speaking during the fireside chat at the 2019 Tony Elumelu Entrepreneurship Forum, the UBA CEO said the bank is unrelenting in its effort at  ensuring SMEs thrive within the business environment in Nigeria.

We are unveiling Wizkid as our brand ambassador to show our unrelenting support for SMEs and to further create a platform for them to thrive. This is a strong collaboration that will help us as an institution to propel our dream of making Africa a truly self-sufficient economy.”

It should be noted that Wizkid’s partnership with UBA is meant to be a representation of the music industry which has been sidelined for many years from banks’ investment and government support that Nollywood has been enjoying.

The music industry is saturated with small and medium record labels that are single-handedly operated by Nigerian artistes themselves. The international success recorded by the likes of Wizkid, Davido and Tiwa Savage has renewed foreign interest in the music industry as it was during the early era of the industry.
The only record label that has enjoyed private placement remains Mavin Records, a label established by music producer, Michael “Don Jazzy” Collins. Mavin in January this year, announced a “multimillion-dollar” equity investment partnership with Kupanda Holdings for its expansion drive.

With the industry expected to hit N18 billion next year, having clocked $33 million in 2015, it’s no surprise that UBA is positioning itself as a key partner as the bank continues to diversify its interest to include fashion and other SME-driven markets on its focus list.
“UBA is a bank that is interested in the growth of SMEs as well as youth empowerment and we have done many things in the past in this regard. We have partnered the Tony Elumelu Foundation to support the youths across Africa who we know are the future of our continent’s economic renaissance,” Uzoka added.

On his own part, Wizkid stated that the music industry and entertainment as a whole was in need of capital support from financial institutions to propel its growth. The ‘Ojuelegba’ crooner hinted that the partnership with UBA will not be limited to the music industry.

“It is my passion and my biggest dream to help the youth and to build schools around Africa, and this partnership, I believe, is a step towards that direction; UBA and Wizkid, now let’s change the world.”
Wizkid is the founder of Starboy Entertainment, a record label with several artistes under its umbrella.


Why INEC’s partnership with varsities must be sustained — Yakubu

The current partnership between the Independent National Electoral Commission (INEC) and the Nigerian universities must be sustained because it is vital for the conduct of free, fair and credible elections in Nigeria, the Commission’s Chairman, Prof. Mahmood Yakubu, has said.

Speaking at the Post 2019 General Election Review Retreat with Collation and Returning Officers in Lagos on Tuesday, Yakubu observed that the Commission was under obligation to thank the Vice-Chancellors that served as State Collation Officers for the Presidential Election and Returning Officers for the Governorship elections for their immense services to the nation.

He said: “Only those who are involved will appreciate what it means to conduct elections in Nigeria. Anything that anybody has told you before is just a story. It is those who are really involved in the conduct of elections that know what it means. The Commission deeply appreciates your service and sacrifice, resulting in some cases, to violent confrontations. We saw the way you handled the violent confrontations by partisan actors on election day. We have also seen the social media assault and regrettably, in some cases, even physical assault.

“We remember the sleepless nights, the media exposure, the criticisms, the condemnations, the commendations and in some cases, recognition earned after the elections.”

Prof. Yakubu said the Commission was convinced that their roles were unique. His words: “If not for the Vice Chancellors, where else can we have the pool of serious minded and credible Nigerians for such an onerous responsibility?”
He continued: “Election in Nigeria is heavily dependent on the Universities. Your products in the National Youth Service Corps (NYSC) who are serving nationwide are the bulk of election duty staff at the polling unit level. I believe that the partnership with the Universities is critical, but like every human endeavor, there is room for improvement.”

The INEC Chairman urged the vice Chancellors to speak up about their experiences on the successes and challenges encountered in the just concluded general elections to enable the Commission device ways of improving the electoral system.

National Commissioner and Chairman, Planning Monitoring and Strategy Committee (PMSC), Dr. Mustafa Lecky, noted that the Commission’s aim for organising the meeting was to comprehensively evaluate the conduct of the polls in order to learn vital lessons that would facilitate a review of policies and programmes implemented during the polls, to create inputs for a roadmap for future elections.

He said: “INEC is undertaking these series of exercises and review meetings as part of its comprehensive SWOT (Strength, Weaknesses, Opportunities and Threats) analysis.”

President of the European Centre for Electoral Support (ECES), Ms. Monica Frassoni, who described the role of collation and returning officers as “crucial,” also observed that it was important for ECES which supports INEC in various capacities to hear from them about what happened during the polls and how the situation could be improved.

She said: “As a former member of the European parliament, I understand very well the crucial role the collation and returning officers play in the electoral process and the responsibilities that goes with it.

The interest of so many stakeholders rest on your skills, experience, integrity and bravery. Through your support to the democratic process, there is also a very clear mark of your commitment to your country.

“It was a matter of very big regret and perhaps a little surprise that some of you and your colleagues found yourselves under certain pressure and attacks in several parts of the country, with the attendant consequences. We are working in several countries of the world and we do understand and see that the situation in Nigeria is particularly challenging.”

The Lagos State Resident Electoral Commissioner, Mr. Sam Olumekun revealed that the state recruited 60,560 adhoc staff in various capacities to deliver the 2019 general elections. He said the Commission organised the review meeting, in addition to similar meetings in the last several weeks, in order to receive feedback from operators and stakeholders to enable it re-engineer its services.

The Special Adviser to INEC Chairman, Prof Mohammad Kuna, gave a breakdown of the four themes listed for discussion. They include Field experiences with collation processes; Logistic issues in the collation process, Issues and challenges in the collation process and other general matters.
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