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Doing business in Nigeria riskier than fighting Boko Haram – Eric Umeofia, Erisco Foods CEO

Doing business in Nigeria riskier than fighting Boko Haram – Eric Umeofia, Erisco Foods CEO

Talking to the Chief Executive Officer of Erisco Foods Limited, Chief Eric Umeofia, you will feel the pains of a man that has high hopes for the country’s manufacturing sector, but feels dejected by the activities of those holding the economy down. His tomato paste plant in Lagos, one of the biggest in Africa, provides jobs for many Nigerians and he believes he can create more jobs if the system is clean. Today, the industry is plagued by importation of substandard but cheap tomato paste from China, so, Umeofia is left to fight to keep his local plant afloat and has become a strong advocate for the manufacture of goods locally as against importation. In this interview, Umeofia shares his pains and hopes for the manufacturing sector.

OPEN LETTER TO BUHARI: Nigeria under state- sponsored tyranny  – Femi Fani-Kayode

OPEN LETTER TO BUHARI: Nigeria under state- sponsored tyranny – Femi Fani-Kayode

Mr. President, as one of your most loyal and faithful subjects who has nothing but the utmost respect for your person and your office, I am constrained to write you this open letter. This is because there are issues I believe are important for you to clarify and to come clean on. I say this because some of your assertions of late are at best contradictory.

I don’t believe in ‘unmoderated’ rule of law —Prof. Odekunle, Sagay Committee member

I don’t believe in ‘unmoderated’ rule of law —Prof. Odekunle, Sagay Committee member

Professor Femi Odekunle, an expert in criminology, was an aide to Lt. General Oladipo Diya as Chief of General Staff (CGS) under the Sani Abacha regime and one of those held for the 1997 alleged coup against the then Nigerian leader. Odekunle is currently a member of the Presidential Advisory Committee on Anti-Corruption set up by President Muhammadu Buhari and headed by Prof. Itse Sagay (SAN). In this interview, he speaks on the mandate of the committee with particular reference to the $2.1billion arms purchase case against former National Security Adviser Sambo Dasuki, among others.

New year tragedy: Man hacks step-mother to death in Enugu

New year tragedy: Man hacks step-mother to death in Enugu

Pandemonium broke out in the agrarian community of Umuenem,Ezinesi-Oduma in Aninri Local Government Area of Enugu State following the killing of Bennedeth Anyim, allegedly with an axe during her intervention to quell a fight that erupted between two belligerent siblings.

How Buhari will raise trillions from tax

How Buhari will raise trillions from tax

“Nigerians are naturally enterprising people. So we believe that if government can provide excellent infrastructure, roads, transport and power, they will no longer be waiting for government to provide jobs. They will create their own businesses” – Senator Udo Udoma, Minister for Budget and Planning, December 28, 2015.

How to cope when you’re years older than your girlfriend

How to cope when you’re years older than your girlfriend

IN general, when experts talk about fine-tuning a relationship, they suggest ways both partners can compromise and adjust. Not so with the older man! younger girl pairing. “In testing the waters of male-female love, the girl has to splash – and pay attention to her own strokes,” says Janice a seasoned relationship expert. “She needs to be childish at times, to fret, to go beyond the bounds of conventional behaviour to act on impulse and sometimes to enslave herself to the loved one. It is therefore up to the man to measure whether he is the right person to chase and hold her.

Eagles meet Oliseh in SA

Eagles meet Oliseh in SA

The Super Eagles ‘B’ team arrived South Africa yesterday and met up with coach Sunday Oliseh in Cape Town, officials have disclosed.

Otunba Olasubomi Balogun:  The Prince as Pathfinder

Otunba Olasubomi Balogun: The Prince as Pathfinder

OTUNBA Michael Olasubomi Balogun has been described by many as a man of excellence, integrity, an exemplary leader. He is the Founder of FCMB Group and a trail blazer and pioneer extraordinaire in the Nigerian financial and business sector. Otunba Subunmi Michael Balogun has also been frequently referred to in the Nigeria financial circle as the Grand-master and Baron of the Nigerian Capital and Money Market for his pioneering efforts in the development of the Nigeria financial markets.

Why are we busy building nesteggs for our adult children!

Why are we busy building nesteggs for our adult children!

“Arinola was 25 years old when she moved back to Lagos to live with her father and her step-mother after a spell of studying abroad. “It was an unmitigated disaster,” she said. “Armed with a masters degree and a prospective to-die for job, I wasn’t exactly a sight for sore eyes with my stepmother. She’d cleary enjoyed having the house – and her husband – to herself, and she was no at all pleased to see me. Weeks later, she took me aside and said: ‘You’re a full adult now. You can’t stay here for long, your presence in the house is too disturbing’.