Billionaire businessman and Executive Chairman, Geregu Power Plant, Femi Otedola, comes across as a phenomenon of sorts.
Indeed, it is no exaggeration to say that his life epitomises a tenacity of purpose.
His ability as a strategist and winner has never been in doubts.
Indeed, every move he makes, either in his business or private life, has never escaped the attention of newshounds.
He is a delight to professional journalists and biographers. If you choose to write about his uncommon feats as a businessman, you will come up with volumes of work that will most likely intimidate a bibliophile.
In the same way, if you choose to document his philanthropic acts, in black and white, your hand may grow tired.
Whenever the businessman dabbles into any business, it usually becomes a major story not only in the media, online and traditional media but among other business owners, the elite as well as those on the streets.
The Lagos born business mogul once again showcased his milk of kindness as he promised Nigeria’s football team, the Super Eagles at the on going African Cup of Nations, AFCON, the sum of $250, 000 if they win the trophy. The message was delivered today by government delegation to Cameroon led by the Governor of the Central Bank of Nigeria, Godwin Emefiele.
You will recall that the man with heart of gold gave out the sum of $50,000 to the Super Eagles at the 2019 edition of AFCON. The team lost at the Semi Finals to Algeria though.
This latest effort by Otedola has further foregrounded his abiding fellow-feeling and love for humanity.
In the past years, Otedola had put smiles on the faces of a number of eminent Nigerians , including the late musician Majek Fashek; Christian Chukwu, a former captain and coach of the Super Eagles; Peter Fregene, a former Green Eagles goalkeeper; Victor Olaotan, an actor; Inih Ebong, a former Associate Professor, Department of Theatre Arts, University of Uyo as well as Sadiq Daba, a broadcaster and actor, who had all been laid up with varied medical challenges.The list of beneficiaries of his large-heartedness is inexhaustible.
Without a doubt, if the history of biggest philanthropists in Africa were to be documented, the billionaire’s name would definitely gain prominence. Giving ,without looking back, is a hobby to him.
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Oando, LAMATA sign MoU on electric mass transit buse
Oando Clean Energy Limited has announced the signing of a Memorandum of Understanding (MoU) with the Lagos Metropolitan Area Transport Authority (referred to as LAMATA), the Lagos State Government agency tasked with planning, implementing, regulating and franchising sustainable integrated public transport in Lagos.
The MoU establishes a partnership between OCEL and Lagos State in her journey to becoming a sustainable city via the rollout of electric mass transit buses, supporting charging infrastructure and service centres (EV Infrastructure Ecosystem).
The statement obtained from the NGX noted that with over 25 million residents, Lagos is the most populous city in Africa and among the top ten of the world’s fastest-growing megacities.
Speaking at the MoU signing ceremony, Commissioner for Transportation, Lagos State, Dr. Frederic Oladeinde said the MoU represented the State Government’s commitment to cutting greenhouse gases by replacing them with cleaner sources of energy.
Oladeinde said, “With an understanding that transportation is a key emitter of greenhouse gases in Nigeria, we developed a strategy to cut greenhouse gases by 50%. A key component of this strategy was identifying and developing a more robust mass transit system for Lagos that would include rail and waterways amongst others. Using electricity to power mass transit is a step in the right direction, and from there we would gradually transit to private cars.
“This is just the beginning, there is still a lot more to come on stream. I commend LAMATA and Oando on this MoU signing, and both parties can be rest assured that they have my full backing to ensure success,” he added.
Commenting on the MoU signing, the Managing Director, LAMATA, Engr. Abimbola Akinajo said: “We began this journey late last year, and for us, this has been a rapid development. It speaks to the energy and zeal of both organizations, and that is commendable. Oando Clean Energy came to us with a comprehensive solution that went beyond electric mass transit buses to include supporting infrastructure, and this was key for us, as the full remit of an EV support ecosystem is the only way to achieve success.
“This initiative will not only accelerate the Government’s transportation agenda, but also positively impact the health of Lagosians and the environment. The magnitude of its impact is far-reaching, and when you start to look at it as more than a transport initiative, you will see how laudable a project it is. The Oando brand comes with know-how and experience, and we are relying on this to successfully move from MoU signing to actual implementation that will in the medium to long term benefit over 22 million Lagos commuters. We look forward to a very robust and fruitful partnership.”
In his response, the Chairman, Oando Clean Energy, Adewale Tinubu, who was represented at the MoU signing by Dr. Ainojie ‘Alex’ Irune said: “Oando Clean Energy was born out of a need to curate the best energy mix to propel Nigeria and indeed Africa, to its full potential.
As a company, Oando has always championed Public-Private Partnerships as fundamental to Nigeria’s industrialization. Through the signing of this MoU, we are revolutionizing the landscape of mobility by pioneering e-mobility in Lagos. Furthermore, we remain dedicated to achieving our national commitment to net-zero by 2060, ending energy deficiencies and further propelling the country to an industrialized phase through decentralized and sustainable energy systems.
We are excited to be embarking on this journey with Lagos State and must commend their foresight and willingness to forge a template for others to follow. It’s easy to be perturbed by the perceived challenges that come with the mega-city status tag, but by taking this bold step, Lagos is showing the continent what is indeed possible and giving other cities the impetus to redefine today how to build a public transport system for the future.”
Over the last decade, the number of vehicles on Lagos roads has quadrupled, yet studies suggest that Lagos could become the world’s most populated city by 2100 with as many as 100 million residents; and as the city grows, so will the number of vehicles.
This upward trajectory in vehicle numbers poses a significant challenge as transportation has been identified as the key contributing sector at circa 23% to 30% in annual CO2 emissions.
Against this backdrop, the Public-Private Partnership (PPP) between LAMATA and OCEL will enable the successful fulfilment of the objectives of the Lagos State Government through the deployment of an EV Infrastructure Ecosystem towards the attainment of a sustainable road transport system in the State.
Furthermore, this initiative will bridge the existing gap in available mass transit buses for the increasing number of Lagos commuters.
Ogun State Governor, Dapo Abiodun, Wins Primary for Second term
The Ogun State Governor, Prince Dapo Abiodun, has emerged winner of the state governorship primary of the All Progressives Congress.
In the primary election conducted at the MKO International Stadium, Abeokuta, five other aspirants contested against the governor.
The aspirants include Olubiyi Otegbeye, Mrs Modele Sarafa- Yussuf, Mr Owodunni Opayemi, Remilekun Bakare and Abdukadir Akinlade.
Of the six aspirants, only Abiodun, attended the primary, while agents of all other aspirants, announced their presence and did what was expected of them.
Giving the details of the election, that was conducted in a peaceful atmosphere, the Chairman of the Ogun State APC Primary Election Committee, Chief Wale Ohu, disclosed that 1,180 delegates, from the 20 local governments, were accredited for the exercise.
Announcing the results, Ohu, said Abiodun scored 1,168 votes, while other aapirants, did not secure any vote, saying that two votes were voided.
Prior to the commencement of the process, Ohu, announced to the delegates and all the leaders of the party that attended the event, that all required agents, were present.
Ohu took time to read out names of the officials of the Independent National Electoral Commission (INEC) and other officials of the APC officials that were sent from the National Secretariat.
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