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World Trade Board appoints a Nigerian as first African member

The World Trade Board has appointed Nigerian finance expert, Dr. Adesegun Akin-Olugbade as its first African board member.

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World Trade Board appoints Dr Adesegun Akin-Olugbade

Nigerian international legal and finance expert, Dr Adesegun Akin-Olugbade has been appointed as a member of the World Trade Board. Nairametrics understands that Akin-Olugbade is the first African member of the organisation.

Announcing Akin-Olugbade’s appointment, the Chairman of the World Trade Board, Simon Paris expressed confidence in Akin-Olugbade, saying the appointment of the first African into the body came at a most auspicious time, with the formal inauguration of the operational phase of the Africa Continental Free Trade Agreement (AfCFTA).

“We welcome Dr Adesegun Akin-Olugbade to our cohort as we continue to strive toward driving open trade for the benefit of all.

“In this unchartered environment, the board’s common vision of collaborative, connected, and inclusive trade enabled by the latest business technologies has never been more important.”

[READ MORE: Dere Awosika appointed Chairman Chams Plc]

Akin-Olugbade’s profile: Akin-Olugbade is the Founder and Principal Partner of Luwaji Nominees.

He is a graduate of King’s College London and Harvard Law School. He was the Overall Best Student at the Nigerian Law School in 1984.

Akin-Olugbade has served for over 30 years in the legal profession and the financial services sector, having worked at both the technical and executive management level, in the public and private sectors, for leading commercial law firms and multilateral financial institutions.

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He was previously a General Counsel and Senior Director at the African Development Bank (AfDB) as well as the first Chief Legal Officer and Head of the Legal Services Department of the African Export-import Bank (Afreximbank).

Akin-Olugbade recently retired as the Executive Director (Chief Operating Officer), General Counsel and Corporate Secretary of Africa Finance Corporation (AFC).

He was a non-Executive Director and former Chairman of the Governance Committee of Ecobank Transnational Inc (ETI).

Akin-Olugbade is a founding shareholder and former non-Executive Director of Asset & Resources Management Company Limited (ARM), Nigeria. He served as the Director and Managing Partner of AFC Equity Investments Limited, Mauritius. He is the Chairman of Southern Marine Petroleum Limited, Axion Realty & Development Company Limited and the Dr Adesegun Akin-Olugbade Foundation.

He is an Officer of the Order of the Niger (OON).

Stanbic 728 x 90

[READ ALSO: ACFTA a potential game-changer for Africa?]

What you should know: The World Trade Board initiated by Finastra is made up of global leaders, innovative thinkers, industry influencers and subject matter experts from different fields which include trade, finance, and commerce.

Famuyiwa Damilare is a trained journalist. He holds a Higher National Diploma (HND) in Mass Communication at the prestigious Nigerian Institute of Journalism (NIJ).Damilare is an innovative and transformational leader with broad-based expertise in journalism and media practice at large. He has explored his proven ability in the areas of reporting, curating and generating contents, creatively establishing social media engagements, and mobile editing of videos. It is safe to say he’s a multimedia journalist.

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Business

Lagos State seeks investors in aquatic and livestock agriculture value chain

The Commissioner revealed that the scheme was in line with the State’s five-year strategic agriculture roadmap.

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Lagos State begins recruitment for Agripreneurship programme, Sanwo-Olu confirms Abisola Olusanya as new Agriculture commissioner

The Lagos State Government announced it is seeking private sector collaboration for Agriculture sector value chain development in livestock feed mills, fisheries and red meat.

This was disclosed by the State Commissioner for Agriculture, Ms Abisola Olusanya, in a statement on Sunday in Lagos.

The Commissioner revealed that the scheme was in line with the State’s five-year strategic agriculture roadmap, as the State identified the 3 main sectors for value chain disruption.

She also added that investment in the sectors would also develop jobs for the industry and boost the State’s GDP growth, through Private Sector collaboration as Lagos residents consume over N5 trillion worth of food annually.

“The objective is to stimulate and encourage more public-private partnerships in the three value chains,” she said.

“When you consider this pool of transactions happening in Lagos, it shows that we are the market. For instance, we demand over 400,000 metric tons of fish on an annual basis.

“But our fishermen and our aquaculture farmers are only able to produce just about 174,000 metric tons with deficit of 200,000 metric tons,” she added.

She also disclosed that the state has 9,000 artisanal fishermen, and bringing more youths into the space will increase the level of fish and seafood being harnessed from our water bodies. Looking at the transactional value on an annual basis, the fisheries sector is worth well over N120billion according to her.

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In case you missed it: Nigeria exported agricultural products worth N321.5 billion in 2020, representing a 19.16% increase when compared to N269.8 billion recorded in 2019 and a 6.27% increase compared to N302.28 billion recorded in 2018.

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Business

#DigitalSkillsTraining: FG announces conclusion of selection process

Only successful applicants that are contacted by the Ministry are to report at the training venue.

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President Buhari to address Nigerians on Lekki toll plaza shootings after investigation , Youth Investment Fund:  Ministry of Finance and CBN to launch provision of funds- Minister, Federal Ministry of Youth and Sports launch DEEL initiative

The Federal Government through the Ministry of Youth and Sports disclosed that the selection process for the upcoming Digital Skills Training has been concluded for the #DigitalSkillsTraining from April 11th to 30th, 2021.

This was disclosed in a statement by the Ministry of Youth and Sport on Sunday evening.

“The Federal Ministry of Youth and Sports Development wishes to inform the general public and all Nigerian Youths that the selection process has been concluded for successful applicants for the #DigitalSkillsTraining scheduled for April 11 to 30, 2021,” the statement said.

The Ministry added that only successful applicants that were contacted by the Ministry are to report at the training venue. Those who were not successful but arrive at the training would not be admitted.

Upcoming #DigitalSkillsTraining Programmes of the Ministry will be widely publicized on youthandsport.gov.ng , on : noya.ng and on the Ministry’s social media handles,” the statement added.

What you should know 

Recall that Nairametrics reported in November 2020, that the Ministry of Youths and Sports Development announced it will scale up its digital skills training to cover 500,000 youths across the country after securing funding under the COVID-19 stimulus budget.

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