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Abia Security Trust Fund Visits LSSTF to Understudy Activities



A delegate of the Abia State Security Trust Fund (ASSTF) led by the Executive Secretary, Barr. (Mrs.) Cleo Nkolika Ubani, has paid a working visit to the Lagos State Security Trust Fund (LSSTF) in a bid to exchange ideas and draw more inspiration for a profitable venture, the National Association of Online Security News Publishers (NAOSNP) learnt.

It would be recalled that LSSTF is the pioneer security trust fund in the nation, having been established in 2007.

The team, it was further disclosed, was on the visit to understudy the activities of its Lagos State counterparts.

A major highlight of the visit was a training session where both Trust Funds gave brief histories and reasons for the establishment of their Security Trust Funds.

The LSSTF took ASSTF through the rudiments and roles of the secretariat and the Board of Trustees as well as the various kinds of security interventions embarked upon by the Fund, and its impact on general security in the State, which has made it the safest state in Nigeria.

In his address, the Executive Secretary/CEO of LSSTF, Dr. Abdurrazaq Balogun, emphasized the Fund’s strongest feature, which is embedded in the acronym, PART (Prudent, Accountability, Resourcefulness and Trust), in addition to maintenance, which is why its assets remain functional for upwards of 12 years.

“Here in LSSTF, we deliberately maintain a lean workforce to ensure that the majority of resources raised are directed towards providing support to security agencies operating in the State, and so we advise that you take that into consideration,” Balogun said.

Dr. Balogun also pointed out areas of the ASSTF amended laws that may be detrimental to their operations while stating that the success of any Fund can be attributed to the high caliber of individuals appointed by Mr. Governor as members of the Board of Trustees.

“These individuals are not only influential but accomplished in their various endeavours, and view their roles as an opportunity to give back to the State. They leverage on their positions and industry connections to reach out to colleagues and partners for contributions to sustain the activities of the STF,” he said.

The host STF took their guests on a tour of the Lagos State Emergency Management Agency (LASEMA) where the Permanent Secretary of the Agency, Dr. Oluwafemi Damilola Oke-Osanyitolu showed them round the Command and Control Centre towards having a firsthand experience of the various units of the agency, their functions and impact of their activities in the State.

The Abia delegates were also visited EPAIL (Equipment and Protective Applications International Limited) a security manufacturing company on a tour of its facility and its operations.

In their separate responses, members of the Board of the Trustee of the ASSTF, commended the Fund for its efforts thus far in facilitating safety and security in Lagos State. They noted that they are also stakeholders and beneficiaries of improved security as they have their businesses in Lagos. They promised to replicate the LSSTF model in Abia.

In her remarks, the ES of ASSTF, Barr. (Mrs.) Ubani thanked the Dr. Balogun for the warm reception and the ‘Lagos hospitality’.

“The training sessions and visitations were indeed insightful and informative. Even as we return to Abia, I will continue to reach out the LSSTF for support from time to time and look forward to receiving LSSTF on its follow-up working visit to Abia State,” she concluded.

Other members of the delegate were three members of the Board of Trustees of the ASSTF – Mr. Johnson Chukwu, MD – Cowry Asset Management Limited; Mrs. Ngozi Ekeoma, MD – Nepal Group; and Mrs. Nkechi Obi, MD – Techno Oil.

Others were Bar. Eke Okezie, Bar. Linda Phillip Onuoha and Mr Hope Nwaogwugwu.

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REDAN Visits Adron Homes, Commends Efforts of Real Estate to Nigeria’s GDP



The President, Real Estate Development Association of Nigeria (REDAN), Prince Akinloye Adeoye, along with his Executive team, which consist of Dr Kunle Adeyemi, Vice President, REDAN(South/West) and Mr Jide Ogunleye, REDAN Secretary visited the Chairman and Group Managing Director of Adron Homes and Properties, Aare Adetola Emmanuel King, at the company’s headquarters in Omole Phase 1, Lagos.

During the courtesy visit, the team headed by Prince Akinloye applauded Adron Homes and Properties for its efforts in providing affordable housing schemes and praised the company for consistently bridging the gap between the masses and affordable urban development. Prince Akinloye also commended Adron Homes for transforming many individuals from tenants to landlords, emphasizing the company’s transparency, commitment, and reliability which has set a positive example for other real estate brokers in Nigeria.

He highlighted the significant contribution of the real estate sector to Nigeria’s GDP, citing statistics from the Nigeria Bureau of Statistics for Q1 of 2024. He stressed the need for the government to uphold development standards, enhance industry regulations, and eliminate unethical practices in the real estate business. According to the Nigeria Bureau of Statistics, the real estate sector contributed N11.2 trillion, representing a 5.20% share of the GDP in Q1 of 2024. Although the sector showed nominal growth compared to the previous year, its real GDP growth was lower at 0.84%. He also disclosed that 11 trillion is more than enough to prove that real estate business in Nigeria is a lucrative business that has come to stay and also implored the government to remain committed to upholding tenets of development and enhancing regulation of the industry to meet global practices and also make quackery in the business a thing of the past.

“The construction sector contributed 4.0% to the GDP, with a nominal growth of 10.24%, though it experienced a real growth rate decline of -2.14% year-on-year. Experts attribute this growth to increased government policies and investments, growing population demands for shelter, and significant contributions from the Nigerian diaspora.”

The Host, Aare Adetola Emmanuel King also commended the effort of the REDAN President and his team for their listening ears and also their constant proactive steps to ensure the industry is well regulated and all ethics of the industry is upheld. He also disclosed that Adron Homes will always be in partnership with the leadership of REDAN and will remain committed and continue to serve as an example to other real estate players on the issues of integrity and sincerity of purpose. He also disclosed that the visit will further rejig Adron’s commitment to more development of Homes and also continued partnership with the government to ensure affordable homes get more handy for all sundry.

Aare Adetola also implores the leadership of REDAN to enact more policies that will further put the business on a high pedestal which will enhance more funding, more investment through Foreign Direct Investment and also getting government support in the reduction of building materials and other household items which is currently serving as a bottleneck for the development of the business which has caused many Real estate companies to fold up, while some have started cutting corners due to high rates of materials.

“When materials are quite affordable, real estate will thrive. There would be buyers and off-takers. But with the current prices of cement, wood, nails, paints etc the prices of real estate are soaring high to the roof Government intervention and reducing tariffs on the importation of building materials will help cushion the effect and also put many back in business. Adron Homes and Properties is committed and we are here for collaboration for national development.”

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Glo Creates Opportunity for Phone Lovers to Own Latest Samsung Fold/Flip 6



Phone lovers can own the latest Samsung Fold/Flip 6  by pre-ordering, digital solutions provider, Globacom, has assured its customers. So tablets, offering a versatile experience for productivity and entertainment”.

In a press statement issued in Lagos, the company said that the offer covers Samsung Z Fold 6 256GB which goes for N2,795,000; Samsung Z Fold 6 512GB for N2,974,000; Samsung Z Fold 6 1TB for N3,331,000 and Samsung Z Fold 6 256GB for N1,674,000 only.

Similarly, Samsung Z Fold 6 512GB which goes for N1,853,000; Samsung Z Fold 6 512 Eco package for N3,635,000; Samsung Z Fold 6 1TB Eco package for N3,992,000 and Samsung Z Fold 6 512 GB eco package for N2,223,600 are also on offer.

Globacom added that customers will enjoy free 18G of data from Glo over six months when they buy  any of the phones.

The innovative devices transform from smartphones to tablets, offering a versatile experience for productivity and entertainment, Globacom disclosed in a press statement in Lagos.

Globacom advised interested buyers to  pre-order any of the devices which come in different colours from now until July 31st, 2024 by  registering for preorder using the link: or they visit any Gloworld shop across the country to make the pre-order at the  minimum deposit of N500,000.

Samsung Fold/Flip 6 phones are the latest products from world-class handheld device manufacturers, Samsung, with whom Globacom enjoys an existing sales arrangement.

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AI Ignite Africa Hosts Groundbreaking Summit in Lagos



The AI & the Content, Marketing & Communications Revolution in Africa Summit is set to take place on July 26, 2024, at The Landmark Centre, Victoria Island, Lagos by 11 AM.

This groundbreaking event hosted by AI Africa in collaboration with Global Tech Africa will bring together industry leaders, marketing technology experts, and innovative content creators to explore the transformative power of AI in marketing, communications, and content creation across the African continent.

The summit will feature insightful panel discussions including “The Future of Customer Engagement: AI Applications in Marketing,” which will delve into how AI reshapes customer engagement strategies and drives innovation in the marketing sector. Moderated by Ifeoma ‘Oma Areh, Principal Consultant/Founder WildFlower PR, the panel will include esteemed panelists such as Oye Akideinde, GM of Digital Innovations at Airtel; Chuka Obi, Director of Innovations at Glo; Rukevwe Toka, Marketing Manager for West Africa; and Fred Akinmuyisitan, Head of Portfolio Strategy at The Heineken Company.

The second panel, “AI for Content Creation: Productivity, Revenue, and Ethics,” will explore the impact of AI on content creation, highlighting how AI tools enhance productivity and generate revenue while addressing ethical considerations. This discussion will be moderated by David I. Adeleke, Africa Editor at Rest of World, and will feature prominent stakeholders in the content creation and management space such as Abuch Ugwu, CEO of Chocolate City/Humanz, acclaimed tech content creator Tobi Ayeni, also known as Ms. Techy; and communications leader, Adedoyin Jaiyesimi, Co-Founder of The Comms Avenue.

In addition to the panel discussions, the summit will unveil and showcase AI-driven products designed to revolutionize marketing, influencer marketing, and PR workflows. The summit will highlight AI-powered tools like Maxxiti and Palet. This product showcases promise to offer attendees a first-hand look at innovative solutions that can significantly enhance their marketing and content strategies.

“AI isn’t just a buzzword in marketing, content, and communications in Africa; it’s a catalyst for innovation and growth. The AI Ignite Africa Summit is where we ignite that spark, bringing together visionaries and changemakers to harness AI’s power for a brighter future.” – Ifeoma ‘Oma Areh, Organizer, AI Ignite Africa Summit. We’re not just discussing the future; we’re shaping it with AI. This is where Africa’s brightest minds converge to unlock AI’s revolutionary potential for marketing, content creation, and beyond,” she added.

The first AI Ignite Africa is organized in partnership with the prestigious Global Tech Africa; a collaborative platform where key players in the African and international tech scene come together to drive growth opportunities and build a thriving tech landscape across the continent. Register for the summit here.

“We are excited to collaborate with AI Ignite Africa,” explains founder Dr Inya Lawal. “Our collaboration underscores the vital role of AI in driving innovation and transformation across sectors. This summit will serve as a platform for industry leaders and experts to share insights and explore new frontiers in customer engagement, marketing strategies, and content creation. We are excited to see the impact of these discussions on the future of AI in Africa,” she added.

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