Sunday, 26 March 2017

Swiss prosecutor investigates Addax CEO over Nigeria operations

Swiss prosecutor investigates Addax CEO over Nigeria operations
Geneva Prosecutor’s Office is investigating the Chief Executive Officer of Addax Petroleum, Geneva operations, Zhang Yi, over allegations of crime in the company’s business in Nigeria, it was learnt.
Although the details of his offence are being kept secret by the company, the management of Addax Petroleum Nigeria Limited confirmed he was being investigated.
According to Reuters report, a criminal procedure has also been opened against the company – bought by China’s state-owned Sinopec, Asia’s largest oil refiner in 2009 – prosecutor’s spokesman Henri della Casa said.
It said the chief executive officer and legal director of Addax Petroleum in Geneva have both been arrested and charged with suspected bribery of foreign officials, the spokesman for the canton’s prosecutor said.
“I can confirm that the Geneva prosecutor has opened a criminal investigation into bribery of foreign officials and that the company Addax and its director-general and legal director are the subject of it,” della Casa said.
“Le Temps quoted Saverio Lembo, a Geneva lawyer for Addax CEO Zhang Yi, as saying: “My client vigorously contests the charges against him. He plans to defend himself. For the rest, we will not comment on the procedure under way,” Reuters said.
The Communications Representative, Addax Petroleum Nigeria Limited, Mr. Michael Owhoko ‘who confirmed the story in a statement yesterday said’Addax Petroleum confirms that a criminal investigation is being conducted by the Geneva Prosecutor’s Office in relation to allegations focusing primarily on the Company’s business in Nigeria. Addax Petroleum is taking this matter very seriously and will be responding appropriately to the investigation.”
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‘I bring out the best in people’

‘I bring out the best in people’
•Oyeyemi
Kolawole Oyeyemi a marketing communication expert is the General Manager, Sales and Distribution Division, MTN. Oyeyemi who recently hit the golden jubilee age in this interview with Bukola Aroloye speaks on his career path, management style, philosophy and his interesting pastime. Excerpts:
Turning 50
I feel very grateful for four fundamental reasons: the first is gratitude for the gift of life. This is because in an environment where life expectancy is low, (46 by WHO report), to be alive and well; sound in spirit, soul and body at 50 years is a gift from God I am eternally grateful for. Secondly, I am grateful for the privilege of an early discovery of my purpose and a progressive movement in the direction of vision fulfilment. It is gratifying to know that I am not too far from the milestones on the journey. Thirdly, I am grateful for a most loving and supportive family, friends, colleagues and fellow travellers. Finally, I am eternally grateful for the humble achievements of having made some impacts in my chosen career, humanitarian pursuits and ministerial assignment.
Career trajectory
In the course of my career, I have been privileged to have won varying awards in marketing creativity, professionalism and knowledge share. I have also been instrumental to several awards won by my marketing communication agencies. I won the Cadbury Creativity Award in my days in Cadbury Schweppes and was also a part of the team that won the Marketing team award. I was awarded the Marketing Professional of the Year 2012 by Marketing World Awards. I was awarded the Brand Icon of the Year 2013 by Brand Age Nigeria. In 2014, I got the Marketing World Awards Lifetime Achievement Award in Marketing. In 2015, Marketing Edge conferred on me the Marketing Personality of the Year 2014. I have also won varying awards internally in my company.
I was fortunate to be a two term President of the Advertisers Association of Nigeria; a body made up of Marketing Directors and Heads of Marketing of advertiser companies in Nigeria responsible for over 80 per cent of Nigerian advertising budget. This platform gave me the opportunity to provide thought leadership in the Marketing and Marketing Communication industry in Nigeria
I have also authored six books including the first Marketing Book of its kind by an African, reviewed and catalogued by the US Library of Congress. This book: ‘Kill Or Get Killed; The Marketing Killer Instinct’ has been endorsed by the Marketing and Advertising Institutes in Nigeria and adopted as a text book for Marketing and Mass Communication students by two Nigerian universities. I have also been able to touch a number of students across Lagos and Rivers states with my Foundation: Ignite Africa Leadership Foundation focused on youths and the revival of the Reading Culture in Nigeria. The Foundation has over sixty book clubs, over four thousand books in stock and boasts of an ultra modern library facility open free to the public.
Philosophy
Please God; Fulfil Purpose; Impact lives. By all means, do not live quietly!
Management style
I see the best in people and so focus on extracting the best out of them as a route to delivering personal and corporate objectives. I challenge and stretch those who work with me to exceed their expressed capacities. If you are not driven, you won’t enjoy working with me.
Pastime
First, my transparency and sincerity is infectious. Integrity is not negotiable. Those who work with me know that. Secondly, diligence is scripturally demanded. I live by this rule and so those who work with me are challenged to do the same. Thirdly, ownership mindset; success at work demands an ownership mindset where work does not end when you close from your physical office
Toughest decision
It was saying ‘Yes to God’ to pastor a church. I did not want to be a Pastor or be responsible for other people’s spiritual wellbeing. This was in addition to the fact that I had a good job in a multinational company and so didn’t need to pastor to earn a living. I also felt that there were enough churches anyway? I ran from God for two years but ultimately had to say “Yes Lord!”
Most favourable decision
Becoming a born again Christian. It changed the dynamics and trajectory of my life irrevocably positively.
Unwinding
Travelling, driving, teaching, reading, watching movies and listening to music
Inspiration
God’s love. Family love. Work love. Music. Joyfulness and seeing people happy and knowing that somehow I am connected to their joy gives me the high.
Passion
If I wasn’t working with MTN, I think I would have naturally ended up in the academic environment as a lecturer.
Traded skills
I am a very robust commercial strategist with excellent skills in Marketing, Sales, Integrated Marketing disciplines of Advertising, Public Relations, Sponsorship and Events, Media and Media management. I am also a speaker, teacher, writer and author.
Serving as ADVAN president
It was a privilege and an opportunity to serve. It was an opportunity to fulfil a part of my life philosophy. Providing leadership to a team of highly skilled and respected professionals was a humbling experience and a learning opportunity. The art and science of negotiations amongst industry stakeholders to reach consensus on widely varied issues were very profoundly defining for me. I worked with some of the best minds the Marketing industry and Nigeria at large can boast of. I am very grateful for the opportunity to serve and to add value to the industry
Advice to new entrants in the industry
You must make a strategic choice early in your career. Do you want the quick money or you want to build a formidable profile? Doing the latter makes you a humble lifelong learner. The money may not come early but you won’t lack either. When you’ve built up a formidable equity, you can then price for it.
Advice to government
Fix the socio-economic fundamentals. Bring the real sector out of coma. Diversify our revenue base.  Plug leakages. Make real scapegoats of treasury looters. Communicate your efforts effectively.
Oyeyemi inside out
I was born in Ogbomoso, Oyo state. I attended Baptist Day School, Modakeke from where I proceeded to Saint David’s Modern School in Ife. I thereafter went to Christ Apostolic Church Grammar School, Akure from where I graduated in 1984. I spent one year at the Oyo State College of Arts and Science for my ‘A’-levels before proceeding to the then University of Ife, now Obafemi Awolowo University, Ife, where I graduated with a Second Class Upper Bachelor’s degree in English Studies in 1989. I went to the Nigerian Institute of Journalism for Post Graduate studies in Journalism, Advertising and Public Relations. I then attended various international business schools; Columbia Business School, New York; Cranfield, UK and Lagos Business School, Pan Atlantic University, Nigeria, for executive business education in Advanced Management, Strategy, Marketing, Sales and Leadership.
I began my career as a broadcaster with Kano State Broadcasting Corporation where I excelled and got the NYSC Recognition Award for exemplary performance in 1990 because of the innovation I brought to bear on my assignment at the broadcast station. I had a short stint with The Quadrant Company in 1991 where I was introduced to Public Relations practice. With a thirst to get into full Marketing Communication, I left The Quadrant Company to join Sunrise Marketing Communications in 1992. In 1996, I moved to Cadbury Nigeria Plc. as the Advertising Manager managing the Advertising and Promotions portfolio. Under two years in this role, I distinguished myself in the company and got the Creativity Award for innovation. A passion for full brand management saw me move into mainstream Marketing practice as Brand Manager for the company’s highest value brands- Knoor Cubes and Knoor Chicken Cubes. Again, I excelled and the brand under my watch sold the highest volume and delivered the highest value in its 20 years history then.
After this feat, I left to join MTN Nigeria Communications Limited as the Brand Manager, Business Market. I was behind the launch of several propositions and high impact sub brands before I was promoted into senior management to manage the MTN master brand and look after the sponsorship, events and media portfolio. I became General Manager, Consumer Marketing, and continued the string of excellent and creative brand management that led to many award winning Marketing and Marketing communication campaigns that grew both volume and value market share. During this era, the brand became the highest value brand in Nigeria and the Group brand the highest value brand in Africa.
I am currently in the Sales and Distribution division of the firm as the General Manager, Business Development with responsibility for developing strategies for business growth via both traditional and emerging channels, structures, systems, technologies and platforms to deliver business targets on market share and revenue.
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Trump: The bearing and baring of America

Trump: The bearing and baring of America
A mighty army is required to defend a great nation yet but one froward tongue can destroy it.
Due to the specious leadership in both the Democratic and Republican clans, America has cast itself into an existential struggle. It fights to seek which of its inferior selves will become the nation’s dominant visage. Withered, perhaps, gone is the best of America, orphaned by the decision of the nation’s modern leaders to sell themselves to venal special interests that seek a powerful nation populated by a weak, debt-subservient populace. The contradiction is obvious yet lost on those engineering this asymmetry.
Since the era that terminated with the Civil Rights Movement, America’s national leaders have increasingly shunned the pursuit of economic justice and reform. They have accepted a growing inequality as if the inevitable order of things. Their policy has been to fool the poor, accommodate the wealthy and personally advance as far as Machiavellian ambition and lack of principle can take a career operative. The sole difference between Republican and Democrat is the pace and fashion of implementing the barren policy.
As with all empires, America’s greatest danger is of the homespun variety. Maintenance of an empire built on military prowess and far-flung holdings is not conducive to the long-term governance of the nation at the core of imperial project. Geographic expansion beyond its close proximity does not enhance a nation. Such expansion is purchased at the exorbitant cost of internal improvement and social justice. No land has ever managed to be fairly governed at home yet perpetually expansive in its conquests and military reach.
By the 1930’s, the British empire was being torn both inside and out. Colonies, with India at the forefront, clamored to break old shackles. The British working class seethed with unrest at the austere reply of their government to the exigencies created by the Great Depression. The British elite saw communists everywhere, under their beds, in their closets, drawing crowds in Hyde Park and leading independence movements in distant but dear colonies.
Due to this fear, the British ruling class fraternized with the authoritarian lunatic enthroned in Berlin until he finally turned on them. Had he not done so, they might be siding with him still. The appetite of the rich and powerful conceals them from the poignant lesson. All they see is domestic and foreign conquest. They see not the danger of their ways. Both military conquest abroad and financial conquest of the home population depart from the democratic openness and vitality that helped prosper the nation. At such a point, the nation flirts with decay only to marries decline.
Today, this historic phenomenon regarding the self evisceration of empires is coupled with the modern debt peonage affecting most Americans due to the rapid conversion of the national economy from mean capitalism to carnassial financialism. Only the financial sector and big corporations allied to it profit. All others must take on ever increasing debt to maintain a modest standard of living. The harder an American works, the more indebted he becomes. He works not for the good of his family or community; he works to remain one step ahead of the bill collectors who seek to torment him and extract his last dollar in payment of some obligation he is convinced to bear in order to be possessed of the American way of life. He has been deceived to acquire real debt to purchase false prosperity.
Car, television and home, all are mostly borrowed, not owned. With so much debt placed upon him, the borrower belongs to his creditors. America is not a nation of the free. Despite its great abundance, America is the land of modern day sharecroppers and debt serfs. Such economic feudalism is not the basis for greatness. Any person who seeks to lead but not reform this iniquity cannot be trusted with the welfare of the average person. Sadly, both Republican and Democratic elites are wedded to this profound unfairness.
America borrowed much from ancient Rome. Like Rome at its zenith, its military prowess is unrivaled. Rome was also the first major society from the Mediterranean/Mesopotamian outcrop of civilizations to dispense with the curative of periodic debt forgiveness for the poor debtor, even the slave. In Rome, money lenders and the military took undue control, corrupting the political class and the important institutions of the political economy; all was slowly drained of vitality; then all was lost. Clownish and ghoulish dictators came to rule where august figures once led.  The lesson America seems to have learned from its remarkable ignorance of history is that, in the case of empire, it is best to do as the Romans did. The outcome will be the same.
Because the American political elite treated the populace with such cool disdain for such a long time, enough people revolted to elect Donald Trump. He came about not so much because people wanted him. They wanted to signal to the smug establishment that something profound was missing from governance and from their lives. A vote for Trump was an act of desperate rebellion, of mindless defiance. Sadly, this symbolic gesture brought to power an actor fixed on doing the opposite of what most of his voters had in their hearts. They voted for Trump because he was new and they had their fill of the old establishment. That he chucked stones at parts of the establishment deceived them into believing he was for them. Yet, the enemy of your enemy is not always your friend. You need to carefully study the basis for their disagreement. Their dispute may be limited to a difference in how to carve and cook you then who shall dine on your choicest morsels.
Instead of a hero, the people selected a buffoonish impostor with an ill temper and a dictator’s heart. He is a bloated caricature of America gone wrong in much the same way Nero personified the felony that Rome had become unto its citizens. While one must blame Trump for what he does, the blame for his presence in the White House lies with establishment Democrats. In the smug comfort of their inflated intellectual prowess and false moral superiority, they were blind to the travesty they had made of themselves. In truly imperial style, Obama treated the party as subservient to his ambitions. During his years in office, he soaked up all the sunlight, allowing the party to desiccate as an organization. Structures at the state and local levels atrophied. His concern stretched no farther than the Oval Office. Rarely has a two-year incumbent left his party organization in such tatters.
Compounding this error, the Democrats ran perhaps the only candidate who could lose to Trump. Clinton deepened the ditch into the party would fall by embarking on one of the most insipid campaigns in the annals of American national elections. It was as if the Democrats tried to lose. The sad truth is that, for establishment Democrats, losing to the Republicans is not much of a defeat. Over the years, the parties have become increasingly combative over social issues. The feuds over abortion, gun control, gay marriage are intense.
This veils a deeper truth, deceiving the innocent into believing the parties are far apart. The parties spend more time battering each other over these few issues because they stand in general accord on the order of things economic and financial. Regarding core economic and national security issues that really dictate the trajectory of a nation, the leadership of the two parties are kissing cousins. The incessant partisan battle over these other emotional issues is but a mirage to cover the profane unity between the parties on how the bread is cut and who gets most of the slices.
Be not distracted by the theatrics surrounding Trump’s presidency. He sees himself as a man of action, In fact, he is a child of privilege who has the scornful disposition to prove it. He is prone to say what comes to mind notwithstanding the quality of the idea. The media has frenzied over this. Yet,  most of what they focus on is but straw in the wind. The media has feasted for days over the spurious claim that Obama wiretapped Trump’s phones. This is silly confusion. The media conveniently forgets to remind people the NSA illegally eavesdrops on every phone call in America. Obama needn’t specially tap any phone. Trump’s calls were already captured in the NSA universal dragnet.  In a manner, Trump is both right and wrong in claiming his conversations were surveilled.
But this skips the larger issue. After NSA illegal operations have been disclosed, they have not been ended. America has blatantly gone from a nation of laws into one where government can flagrantly break the law by rationalizing the illegal excess as necessary to battle terrorism and protect national security. This is not the hallmark of a mature democracy. It is in the manner of a police state where weak leaders feign strength by scaring people into the forfeiture of their rights. The people are told they are being kept safe from a wicked and omnipresent enemy. Yet, these enemies are neither numerous nor strong enough to harm but a handful of the 300 million people who are America. It is more likely an American will be struck by lighting than by a terrorist. To complement his proposed southern wall, perhaps Trump will build a ceiling over the nation to protect people from the terror of a chance lighting strike.
Establishment Democrats, Republicans and media obsess that Russia “hacked” the election to favor Trump. That there is no proof of this seems not to bother those spewing the tale. They can’t even prove Russia hacked the Democratic Party’s computers. There is no sign of Russia tampering with election machines or tabulations. Consequently, there is no evidence that Russia influenced one single vote. That such nonsense and non-proof are paraded as sure evidence of Russian perfidy can mean but one thing. The establishment wants confrontation with Russia for reasons they dare not disclose. They will not allow facts to obstruct such designs. Thus, they must beat Trump into submission. Trump’s position toward Russia is the wisest tree in his thicket of folly. Yet, it is the thing for which he has drawn the most ire. He is not used to pressure and to standing alone. Eventually, he will succumb to the dictates of the establishment, that powerful state within a state.
We dare not think Trump a pacifist. He merely thinks clashing with Russia is bad business. Like the rest of the establishment, he remains in need of foreign monsters to kill and foes to maim. He would just rather bully a less powerful Iran. Overcoming Iran and taking its oil is a less troublesome venture than confronting Russia. There is no true restraint in American leadership. They all seek to subdue some nation and exterminate some false enemy. Trump’s problem is not that he has the concept wrong; he simply prioritized the wrong foe as public enemy number one.
Even Trump’s travel ban is a relatively minor infraction. At most, a few thousand people in a world of 7 billion are touched. More concern is placed on the ban than on why America bombs the lands from whence these people come. Halting the bombing would be a humane act toward stemming the flow of refugees. Should not the death of thousands of innocents concern us more than whether a few are lucky enough to escape the carnage.
Mercy dictates that safe haven be granted to those fortunate in escaping the hellish bombing. Yet, it would be better to end the wanton destruction and have no refugees than to ignore the bombing yet encourage refugees. The latter is but a hallow consolation to genuine humanitarian concern. Pandering always to the lesser truth, the American media berates Trump for the bigoted travel ban. However, the media mentions not a word that the new administration has escalated the pace of bombing these African and Middle Eastern nations in excess of Obama’s already high levels. Seems that it is fine to kill multitudes as long as you don’t treat rudely the handful that make it to your border. The morality of this position is curious and could not be more perverse.
Fortunately, the courts have nullified Trump’s travel order. Yet, Trump has a sobering trump card of his own to play. The way his administration will mince the lives of poor and working class Americans may answer his refugee problem. America will become such a harsh place to its own that only the most intrepid foreigner will seek respite there.
The bitter truth is that for all of Trump’s foolery, there is little difference between him and the united Democratic/Republican establishment. Elite Democrats are no longer liberals or leftists. They are the Republicans of the thirty years ago. Today’s Republicans are yesterday’s reactionaries. Republicans have defined the American political economy since 1980. Instead of fighting this, the Clintons and Obama joined the choir. On the economic issue which most people vote, the difference between Clinton and Trump was minor. In fact, Trump was more left-leaning on trade and job creation than Clinton. Thus, the election boiled down to a choice between a wild but real Republican and Democrat who acted like a Republican. In such a contest, the Republican usually wins. Democrats immolated themselves with the losing strategy of being Republicans in Democratic dressing. Not only did Clinton lose, Democrats were decimated in all elections from president to town crier.
Stylistically, Clinton/Obama and Trump are worlds apart. Trump is a disheveled waste bin while Obama and Clinton cut the accustomed figure of a political leader, albeit in different ways. Yet, in terms of where they want to take America, this unlikely trio occupies the same room. They sit side by side. They seek to further institutionalize an economy tilted in favor to those who need no favors. These people want to turn Social Security into a private pension so Wall Street can profit in multiple billions of dollars from the fees and commission that would newly arise from such wrongful engineering.
They seek to turn public education into a private, for profit enterprise as well. They call this freedom of choice. In reality, is will give poor people less opportunity to overcome the education gap, assuring their status as a permanent underclass with no social mobility, accentuated by no social services due to the massive budget cuts that will imminently ensue. The choice this really gives to the people who need help is but one: abject failure.
Democrats and Republicans spar over the health insurance law. This shadowboxing has little to do with actual health care. Any insurance law Trump may pass will closely resemble Obama’s, except the new version will exacerbate the flaws of the prior one. With Obamacare, the gigantic insurance firms did a public relations masterpiece. They publicly complained about Obamacare but privately profited due to the measure’s lax cost controls. They will profit even more under whatever careless remedy Trump may concoct. The people will suffer a great hidden cost, that of a lost vision for something profoundly better. Burdened by Trump’s monstrous repair, they will dream of returning to the flawed Obamacare instead of hoping for something better like the cheaper, more efficient universal health care extant in other Western nations.
Perhaps Obama is more at ease with a Trump victory that we dare believe. Conventional wisdom was that Obama wanted Clinton to preserve his legacy. However, his tenure was one of heady oratory but policy in the miniature. The best way to preserve such a meager legacy may be to destroy it, then institute something worse in its place.  The glass barely full is only better than no glass at all. A slave who moves from a master that beats him once weekly to one where beating is a daily affair starts to view the prior warden more favorably. Freedom stops being the option most considered. In this way, the slave becomes an unwitting accomplice in his own servitude. Such is the way of America.
American leadership is now a choice between wrong and wronger. What is right is no longer part of the bidding. Greatness recedes. Mediocrity and compromise take hold. Leaders who are smaller than the issues confronting them are selected because the power behind the power bristle at change. They want a government that functions to secure their dominate position. It is as if the rich and powerful hold a mortgage on the rest of the nation. The sons of debtor families are sent to war in distant nations for reasons they barely understand. They fight a thousand miles away from their shores but are told they protect the homeland. Becoming comfortable with such lies, a nation steals its own greatness. Decay scribes its name on all institutions, great and small. Evil readily enters. Not long afterwards, so does someone like Trump.
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Lagos state University's best graduating student delivers baby girl

LASU’s best graduating student delivers baby girl
It was double joy for Mrs Elizabeth Orefuwa, the overall best graduating student of the Lagos State University, Ojo, as she was delivered of a baby girl barely a day after graduating.
Orefuwa graduated with a Cumulative Grade Point Average (CGPA) of 4.74 at the university’s 21st convocation held on March 22.
According to the News Agency of Nigeria (NAN), 36,540 students were conferred with degrees, diploma and doctorate while 26 made first class.
An ecstatic Orefunwa, said she felt the contraction just before the convocation and was scared if the baby would deny her the opportunity of participating in the graduation.
“I was having contraction and was scared that the baby might come before the convocation. I told God to take control because I wanted to experience the convocation and God took control until I got home.
“It was when I got home that it started again and my husband took me to the hospital where I gave birth at about 1. 00 p.m. on Thursday,’’ Orefuwa told NAN.
Reliving her experience, 29-year-old Orefuwa said she had yet to come terms with the reality of becoming a mother.
Earlier, she told NAN during the institution’s convocation on Wednesday that the journey through the school did not come easy but with determination and motivation, she had a good story to tell.
“The journey through the institution was not easy; it took me seven years of writing the UTME before I finally gained admission in 2012.
“I also applied for direct entry three times at the Obafemi Awolowo University, Ile-Ife. During this period of waiting, I started professional career at the Institute of Chartered Accountant of Nigeria (ICAN) in 2007 and qualified as an Associate Chartered Accountant (ACA) in 2010,’’Orefuwa said.
She said that she wanted to study accounting but found herself studying education, adding that she enjoyed every bit of it and never dreamt of coming out with a first class and becoming the best student.
According to her, self-determination and motivation through her father’s insistence on academic excellence gave her an edge.
“My aim is to get my first degree certificate after several years of waiting and to satisfy my dad, who has been insisting on academic certificate before professional certificate.”
She said that her marriage in the final year and the pregnancy did not affect her academic performance.
“I had a CGPA of 4.72 before marriage and I graduated with 4.74 point; I got married in 2016 and my husband was very supportive.”
A chartered accountant, Orefuwa, said she would love to combine teaching with practising accounting profession.
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