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Africa-Canadian Investment Summit: Peju Oke Visit King Tackie Teiko of Ga Mantse

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In other to foster bilateral and investment relationship between Africa and Canada, Philanthropist and head honcho of HopeForSureFoundation, Ms. Peju Omolola Oke visited Accra, Ghana to meet His Royal Majesty, King Tackie Tieko Tsuru II of Ga Mantse Accra, Ghana seeking his royal blessings, endorsement and presence for the forthcoming Africa-Canada Investment Summit holding in Canada July 2022. At the familiarization meeting between Peju and King Tackie Tieko, His royal majesty welcomed the idea and applauded the initiative to foster a healthy business relationship between Africa and Canada in terms of attracting top investors to enhance wealth and jobs creation by stabilizing the African economy. According to Economic pundits, by 2050 Africa would have had a stable economy that will wrestle the rest of the world as a choice destination for investment in terms of profit maximization leveraging on its increasing population, human and mineral resources.

The 7day power-packed event will be opened with Policy forming programs, where speakers will discuss the topic: “Tapping in Government-Private partnership to boost economic growth”. The second day would be Local Government Operation in Canada creating an operational synergy between public and private partnerships where the discussant would speak on ways to boost Internal Generated Revenue IGR for Public and private entities. The third day is a lecture on Entrepreneurship in business investment success with a certification for participants. This will avail attendee harness basic rudiments of being a serial entrepreneur for business success. There will also be a visit to the office of the Brampton, Peterborough, Nigara fall Mayor’s office for a meeting with investment communities, prospective Canadian investors and Africa. The grand finale day would round off with an award ceremony, a meeting with the African community, Commissioners of Africa to Canada. This will allow Africa to seal investment deals for proper ratification and implementation.

Convener of the Summit Ms. Peju Omolola Oke disclosed that; the reason for the summit is to establish an investment pathway between Africa and Canada to boost empowerment, generate revenue increase, International partnership and also wealth creation mechanism. “We want to build a network of opportunities for non-oil export opportunities and turn commodities to products for export. We want to also align international opportunities with Africa’s interests among others. It’s a summit one should not miss for any reason. We would also use the opportunity to celebrate our heritage as Africans; displaying our cultural heritage via dance, songs and attire. The cultural day will also showcase our root day tagged: ‘Isomoloruko’ (Child’s Naming Ceremony); a day where a new name in Yoruba, Ghanaian and other cultures will be bestowed to people from the diaspora via a proper DNA investigation of African descent. That’s why we are partnering with His Royal Highness to connect traditional and political institutions together for the upliftment of our Economic fortunes.”

His Majesty King Tackie Tekio Tsuru of Ga Mantse in his remarks thanked Ms. Oke for the gesture and also pledged unflinching support to make sure Ghana is fully represented at the summit. He also urged other African countries to be fully represented. “This is a summit we as Africans should not miss. It’s a partnership that will better our lives and economy. Special thanks to the convener, we will support her to the very end and ensure the success of the summit.”

His royal highness also doled out valuables and gifts to Ms. Peju to show appreciation for her undying passion to drive investment to Africa. “She is to be treasured and appreciated for not neglecting her motherland.” He further added.

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Ooni of Ife Extends Business Frontier with Audacious Takeover of Tingo

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Ooni of Ife His Imperial Majesty, Enitan Adeyeye Ogunwusi

 

Coca Cola, Pepsi, American Cola & all other popular brands in the soft drink sector & energy drink sector should get set for an immense battle royale, which would be to the great advantage of the consumers, as the newest brand to come into that sector arrived with a massive bang yesterday! And to the admiration of all.
Tingo set of drinks launched on Tuesday, April 16, 2024, at their expansive HQ, to the admiration of all to loads of unprecedented razzmatazz/fanfare with consumers greatly giving kudos for a good job well done.
Only 2 out of 9 variants were launched yesterday. The Tingo Cola & Tingo Electric Energy drink. And already people are anticipating the other variants with bated breaths! As they were quite impressed with what they have experienced already!
To state a fact without mincing words, the taste was amazing, as was the international style packaging, too, in reusable cans, with health considerations playing a major part in the production. Sugar content was exact without affecting the taste!
Even the name of the brand Tingo is also titillating, to say the least.
All of the 9 varieties of impressive drinks are set to be unleashed powerfully into the market pretty soon like a takeover by the company now captained by none other than his imperial majesty, Alaiyeluwa Oba Adeyeye Babatunde Enitan Ogunwusi, the Ojaja II, Ooni-Orisa Olofin Adimula of Ile-Ife.
The astute businessman cum royal father is said to have bought off the company from the former owner and has deliberately kept the fascinating name of the brand.
The amiable monarch, who is a youth advocate/encourager in all ramifications, who believes fervently that the sky is the beginning, and not a limit as it concerns any endeavour one finds in his/her hand to do, spoke at the launch, thus:
‘Nigeria can lead the entire continent of Africa to compete favourably in the global market with standard goods and services, particularly when it comes to carbonated drinks, beverages, and the likes’.
Ooni went further to say that Tingo Cola and Tingo Electric; a Flavoured Carbonated and Energy drinks, respectively, produced by Tingo B.V PLC is a spin-off company from Ojaja Pan Africa Limited, explaining that Nigeria has a lot to offer the world.
“It has been my dream from childhood to have a homegrown brand that will satisfactorily produce international quality drinks that will serve Nigerians, and present the country as a leader in the African market and on the global stage.
“Currently, we have the license under which we are producing Tingo Cola, Tingo Electra, Tingo Twist (Cucumber and Cranberry) and Tingo Booze Fruit mix. All of which are produced and packaged in Nigeria with recourse to our values and standards. All to be properly integrated with Ojaja bitters, Orange, Lemon/Ginger/Orange drinks. Also, most importantly, we should all work towards elevating our homegrown brands instead of demarketing them.”
Speaking further on his involvement in the commercial activities through these products, Ooni Ogunwusi said, “I have taken it upon myself to step into the market not as businessman but as a pathfinder who will show our people how to add value for international standard in production to distribution and consumption. It is a new model that will be a win- win for everyone.
“With this, I am targeting a total of five million direct and indirect jobs for the youths, particularly through retailing, recycling, and other forms of distributorship fully driven by technology. The youths are drivers of this initiative, and we are determined to achieve this purpose through a unique, proven technology and innovation. Under our Unified ecosystem of “the more we are together, the happier we shall be”

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Oando Boss Wale Tinubu Showers Encomium on Dangote @67

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Aliko Dangote with Wale Tinubu

‘Celebrate true friends. They are a part of you that always sparkle’ – Amy Leigh Mercree

The English-born actress may have had the boss of Oando Group, Jubril Adewale Tinubu in mind when she made this quote.

Truly, the trained lawyer never forgets to celebrate and appreciate his good friends whenever it is necessary. In fact, he is one gentleman who values and understands the definition of true friendship.

This played out yesterday, Wednesday, April 10, 2024, when he showered praises on his friend of many years, Africa’s richest man and Chairman of Aliko Group, Alhaji Aliko Dangote, when he clocked 67.

In celebration of Dangote, the oil and gas top player wrote:

“Happy Birthday to a visionary and accomplished entrepreneur whose impact continues to reverberate across Africa and beyond.

I hope your day has been filled with joy, laughter, and limitless blessings. May the world continue to recognise and applaud your remarkable achievements.

As you enter a new year, my prayer is that your commitment to building Africa never waivers but now and again you stop to appreciate the phenomenal difference you have made to the capacity of indigenous entrepreneurship on the global stage.

Wish you many more years in good health.

Dangote, a name that means so many things to many people. But what no one can deny is the fact that the name is essentially synonymous with success.

Since he made his mark in the nation’s business sector, many years ago, he has risen to become a glittering star in the business firmament.

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Inflation: Real reason Indomie reduced Prices of Popular Staple Food item Revealed

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A flagship brand under Dufil Prima Foods Limited, Indomie Instant Noodles, has announced a significant reduction in prices to ensure affordability for consumers amidst Nigeria’s escalating inflationary pressures.
The decision came as a response to mounting economic challenges faced by Nigerians, with the aim of maintaining accessibility to this popular staple food item.
And this has been confirmed by a recent survey conducted across various stores in Lagos, which revealed a notable decrease in the prices of Indomie products. The cost of the 70g pack of Indomie Regular Chicken noodles plummeted from N300 to N250 compared to the previous month.
Additionally, the price of a 40-pack carton of Indomie dropped from N12,000 to N10,000 within the same timeframe. Prior to this adjustment, Indomie’s prices had surpassed those of competing brands such as Mimee (N200) and Honeywell noodles (N250).
Temitope Ashiwaju, the group corporate communications & event manager at Dufil Prima Foods Limited, attributed the price reduction to favourable changes in operational costs.
He emphasised the company’s commitment to passing on benefits to consumers, stressing their dedication to fairness and affordability.
“We are never going to be taking advantage of the populace. We want to make profit, but in a fair way,” the spokesman added. “That is why we are determined to keep our products affordable to Nigerians.”
Contrary to speculations suggesting low patronage as the driving factor behind the price adjustment, Ashiwaju reaffirmed that the decision was rooted in the company’s ethos of customer-centricity and fairness.
Industry experts have hailed Dufil Prima’s move as influential, predicting a ripple effect that could prompt other brands to follow suit because Indomie’s dominant position in the market has positioned it as a price setter, prompting expectations for broader shifts in pricing strategies across the industry.
The price reduction by Indomie comes amidst a backdrop of economic challenges in Nigeria, characterised by soaring inflation rates.
Over the past nine months, Nigeria has witnessed a steady rise in headline inflation, driven primarily by government reforms such as the removal of petrol subsidy and naira devaluation.
As a result, food inflation has surged, exacerbating the financial strain on households and leading to an increase in poverty levels.
Despite these economic headwinds, a recent report by Euromonitor International indicates robust growth in the sales value of noodles within Nigeria’s formal market.

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