News
Our Continent Needs Visionary Entrepreneurs, Says NJ Ayuk
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Africa’s youth, comprising over 400 million individuals aged 15-35, play a crucial role in driving economic progress, NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), has said, highlighting the importance of nurturing this demographic during the AEC’s Business Development Workshop for Young Entrepreneurs.
With 600 million Africans lacking access to electricity, initiatives like gas-to-power projects and renewable energy introductions have a transformative impact. Ayuk emphasized the significant opportunities for young entrepreneurs to contribute and shape Africa’s future.
However, financing remains a major challenge due to the absence of a thriving banking sector. Ayuk stressed the need for banks to provide patient capital, allowing entrepreneurs the necessary time to develop their ventures. Building relationships with banks and having a solid business plan are key steps for success.
Ayuk advised startups to adopt a methodical approach, focusing on meticulous business planning, demographic analysis, and networking. Building professional relationships and leveraging networks are invaluable for accessing financing and attracting potential investors.
In the business world, having a strategic partner is crucial. Ayuk cautioned against ego-driven titles and encouraged collaboration with individuals who can uplift and support entrepreneurs. He highlighted the need to partner with experts from other regions to access technologies necessary for driving energy solutions.
To ensure sustainability across generations, Ayuk advised engaging younger family members early, supporting their education and training, and implementing effective succession planning. Establishing strong legal and financial structures, fostering innovation, and remaining adaptable are vital for staying competitive.
Ayuk concluded by sharing valuable lessons he has learned as an entrepreneur, including the importance of financial management, building a strong brand, assembling the right team, and seeking mentorship for growth and support.
News
TRENDING: Desmond Elliot weeps as Meranda resigns as Speaker of Lagos Assembly (VIDEO)
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Actor-turned-politician Desmond Elliot has become a hot topic online after a video surfaced showing his emotional reaction on Monday, shortly after Mojisola Meranda resigned as Speaker of the Lagos State House of Assembly.
Earlier, SPEARNEWS reported that Ms Meranda announced her resignation during a plenary session.
Following her resignation, the impeached Speaker, Mudashiru Obasa, was reinstated to his former position.
In a viral video, Mr Elliot, who represents Surulere Constituency 1 in the Assembly, was emotional over Ms Meranda’s resignation.
Dressed in a black native outfit, the 51-year-old attempted to deliver a farewell speech but was overcome with emotion and struggled to hold back tears.
At one point in the viral video, he found it difficult to continue speaking and requested that another lawmaker take the floor while he composed himself.
“Madam Speaker, can you allow others to speak first?” he asked.
Ms Meranda responded, “Have your seat,” prompting him to sit down, covering his face with one hand as he wiped away tears.
Seyi Lawal, an All Progressives Congress (APC) representative from Ikeja Constituency 1, was granted permission to speak in place of Mr Elliot, who has served in the House since April 2015.
Arts & Literature
Kano Govt. flags off Ramadan feeding for 91,000 people daily
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Kano State government has made arrangements to feed 91,000 people in 91 designated centres during the 2025 Ramadan Feeding Programme.
Flagging off the feeding programme in m Fagge Local Government Area on Sunday evening, the Deputy Governor and Chairman of the programme, Alhaji Aminu Abdulsalam, said that that the initiative would run for 27 days.
He said that the programme was aimed at supporting vulnerable residents and would provide daily iftar meals to fasting Muslims, alleviating the challenges faced during Ramadan.
“Since the assumption of office, Gov. Abba Kabir-Yusuf, has institutionalised this initiative to support vulnerable residents by providing daily iftar meals during the holy month of Ramadan.
“The programme, which is part of the state’s annual humanitarian efforts, aims to alleviate the difficulties faced by fasting Muslims during Ramadan.
“Recognising the needs of the state’s large population of Ramadan observers, the Kano State Government remains committed to ensuring that relief reaches those in need,” he explained.
Abdulsalam expressed satisfaction with the seamless commencement of the initiative.
He further urged the catering companies involved to ensure prompt and efficient delivery of meals to all feeding centers, in order to achieve the programme’s objectives.
Abdulsalam was accompanied by key officials, including the Commissioner for Information and Internal Affairs, Ibrahim Waiya, as well as his counterpart in the Ministry of Religious Affairs, Sheikh Tijjani Auwal. (NAN)
National
Insecurity: APC Forum Accuses Governor Dauda Of Failing to Protect Citizens Amid Party’s Abductions
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The Zamfara State chapter of the All Progressives Congress (APC) has strongly condemned the recent abduction of five party chieftains by armed bandits, accusing Governor Dauda Lawal of failing in his responsibility to protect citizens.
The kidnapped individuals, all from Kaura Namoda Local Government Area, were reportedly taken on Saturday while travelling to the Marafa area of the state.
The abductees include Yahaya Sani Dogon Kade, chairman of Dan Isah ward, Bello Dealer, chairman of Sakajiki ward, and three others whose names have not yet been released.
In a statement on Monday, its spokesperson Muhammed Ismaila Kaura criticised the governor’s handling of security in the state.
“As the chief security officer of the state, Governor Dauda Lawal bears the ultimate responsibility for ensuring the safety of all citizens, regardless of political affiliation,” Kaura said.
“Unfortunately, he has failed to live up to this duty. This is not the time for excuses, blame games, or empty rhetoric. It is a time for decisive action.”
The party called for immediate and effective measures to secure the release of its members and to tackle the growing wave of banditry in the state.
“The people of Zamfara are tired of living in fear. We are tired of leaders who offer nothing but excuses while our brothers and sisters are being kidnapped, killed, and displaced. The time for action is now,” Kaura added.
The APC also urged security agencies to intensify efforts in tracking down the perpetrators and ensuring justice for the victims.
“This reprehensible act is not only an assault on the affected individuals and their families but also a direct attack on the peace and stability of our dear state,” the statement continued.
The forum reaffirmed its solidarity with the families of the abducted persons and vowed to continue pressing for their safe return.
“To the criminals behind this heinous act, let it be clear: Zamfara State belongs to its people, not to bandits. Your reign of terror must come to an end. And to the Governor, we say: act now, or history will remember you as a leader who failed his people in their time of greatest need.”
There has been no official response from the state government regarding the abductions. However, insecurity has remained a pressing issue in Zamfara, with frequent attacks by armed groups targeting both civilians and public officials under Governor Dauda lawal