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Folake Ani-Mumuney: First Class Strategist, Achiever Extra-ordinaire

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By Eric Elezuo

One of the basic achievements of the Beijing Women Conference of 1995 was creating untold courage among women who are determined and committed to making a paradigm shift towards affecting humanity for the positive reasons. One of such women is the strong woman at Nigeria’s foremost bank, First Bank, in the person of Mrs. Folake Ani-Mumuney, who is the General Manager as well as sits atop Marketing and Corporate Communication department of the bank.

Ani-Mumuney, simply known as Folake or FAM by friends and well-wishers, is a humble combination of beauty, brains and workaholism. She is a stress-free achiever, who also chairs the Board of Directors of the insurance arm of the group.

Born to the family of late erudite former Medical Director of the National Orthopedic Hospital, Dr. Francis Owosina, who served between 1977 and 1989, Folake could very well be said to be a chip off the old block, striding in the very transparent footsteps of her forebears. Her father is reputed to have developed the modernised general and specialised Orthopaedic and Emergency Services department of the hospital in addition to introducing hip replacement and spinal surgery when he held sway in the hospital. He was also the brain behind the recognition of the National Orthopaedic Hospital, Igbobi as a World Health Organisation collaborating centre in 1979 as well as establishing the Post Basic Nursing School and the Residency programme in Orthopaedics.

Versatile and very prolific, Folake holds a degree in Philosophy and Law and also a diploma in Business Computing System Analysis and Design in addition to several management certificates and affiliation to many professional bodies.

She began her prolific and illustrious career with the British Airways, where she was responsible for Brands Policies and Communications across Europe and African region comprising 59 countries. She was practically running 59 countries, more than the size of the African continent at a time. It could only be as a result of her doggedness and desire to be the best one can be. She equally managed portfolios as Business Analyst, Strategy & Business Planning Manager, New Business Development Manager and Head marketing & Communications Manager Africa. And she was quite young then – a typical example of not too young to run product.

Her dexterity attracted the presence of the richest man in Africa, Alhaji Aliko Dangote, who promptly co-opted her into the group. Bringing her experiences to bear, she initiated the speedy turnaround of Dangote Industries as its Chief Marketing and Communication Officer. Her days at Dangote are remembered with fondness for the giant strides she took.

It was from Dangote that Ani-Mumuney moved to First Bank where she presently serves as Head of Marketing & Corporate Communications and General Manager. She is known to be the brain behind the meteoritic rise in the fortunes of the bank as she continuously dishes out one form of market oriented policy after another.

It is not for granted therefore, that her prolific nature was rewarded in 2017 when she emerged as the 10th President of the Advertisers Association of Nigeria in a keenly contested election. She therefore made history as the first female president of the association. Folake is known for creating firsts.

Between September 2017 when she took over the mantle of leadership of the association and today, Folake has walked her talk, creating a level playing ground for stakeholders as well as room for profit maximization in members’ respective businesses. Her intelligence and willingness to positively affect lives have remained her propelling philosophy to greater heights.

In the testimonies of those who had been privileged to work with her or just come across her, Folake is a quintessential enigma, down to earth and full of respect – a virtue she confessed to receiving from her disciplinarian parents – her late father and her still bubbling over 80 years mother.

With the likes of Wasiu Abiola of Nigerian Breweries, Nkiru Olumide Ojo of Stanbic IBTC, Nnena Osi Anugwa and Onome Asgbara of Dufil Prima on the driving wheels with her, Ani-Mumuney has been able to steer the progress of ADVAN forward, initiating new vistas and building on the achievement of the past executives.

The communication and marketing expert, who has conquered the fields of aviation, manufacturing and banking, was recently appointed to chair the insurance brokers’ arm of the group, FBN Insurance Brokers, while maintaining her position. Her appointment was contained in a notification to the Nigeria Stock Exchange (NSE), shareholders and the general public. Her elevation is a function of ability and trust.

A philanthropist of immeasurable standard, Folake has engaged in veritable corporate social responsibility, including individual based assistance to persons and communities. She is known to have put smiles on the faces of everyone that has come across her in one way or another, and has a retinue of gratitude in the bargain.

Folake is happily married with lovely children who are gradually carving a niche for themselves in their various little ways.

Ma, for being who you are (intelligent, productive and humane) and striving to make life bearable for as many people, you are our Boss of the Week. Congratulations!

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Ex-AGF Accused of Stealing N1.96bn Begs to Negotiate with EFCC

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A former Acting Accountant-General of the Federation (AGF), Anamekwe Nwabuoku, who is standing trial for alleged misappropriation of ₦1.96 billion, has appealed to the Federal High Court in Abuja to grant him time to negotiate a settlement with the Economic and Financial Crimes Commission (EFCC).

Nwabuoku, who is facing a nine-count charge, made the request after EFCC’s lawyer, Ekele Iheanacho, SAN, informed the court that the prosecution was ready to proceed with five additional witnesses.

Although he was represented at the hearing by his lawyer, Isidore Udenko, the defendant personally addressed the court, stating that he had hired a Senior Advocate of Nigeria (SAN) to facilitate an out-of-court settlement with the anti-graft agency.

Udenko noted that the trial had commenced only after the defendant’s previous attempt to reach an agreement with the EFCC fell through.

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2031 Presidential Ambition Reason Ribadu Wants to Tarnish My Reputation – El-Rufai

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Immediate past Governor of Kaduna State, Malam Nasir el-Rufai, has stated that the National Security Adviser, Nuhu Ribadu is planning to tarnish his reputation because of his 2031 Presidential ambition.

Speaking in an interview with Arise TV on Monday, el-Rufai alleged that Ribadu is collaborating with Governor Uba Sani of Kaduna, and the Independent Corrupt Practices and Other Related Offences Commission to destroy his image

“This project of destroying Nasir el-Rufai is Nuhu Ribadu’s conception. He is the architect and builder of that project. He is the one working with Uba Sani to implement it. So far, it has been frustrating for them,” el-Rufai said.

“Somebody wants to destroy my reputation. Why? Nuhu Ribadu wants to be president in 2031. He has to eliminate every northerner that he thinks is on the radar.”

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IBB’s Revelation: Ohanaeze Demands N10trn Compensation, National Apology

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Following the revelation by former Military President, Gen. Ibrahim Babangida in his book, “A Journey in Service” that the 1966 coup was not an Igbo coup as alleged, Igbo apex group, Ohanaeze Ndigbo, on Sunday, February 23, has demanded an apology and N10 trillion as compensation from President Bola Tinubu to the Igbos.

In his book, Babangida revealed that the primary objective of the coup plotters was to release Chief Obafemi Awolowo from prison and install him as Prime Minister. He emphasized that the involvement of officers from different ethnic backgrounds, including non-Igbo officers such as Major Adewale Ademoyega, Captain Ganiyu Adeleke, and Lieutenants Fola Oyewole and Olafimihan, further invalidates the claim that it was an Igbo-driven coup.

Additionally, some senior Igbo officers were also victims of the coup, such as Lt-Col. Arthur Chinyelu Unegbe, who was executed by fellow officer Major Chris Anuforo. This further weakens the argument that the coup was designed to serve Igbo interests.

Furthermore, Babangida pointed out that the coup was ultimately crushed by Major John Obienu, an officer of Igbo extraction, reinforcing the argument that it was not an ethnic uprising but rather a failed military intervention with specific political objectives.

Reacting, Ohanaeze noted that the story surrounding the coup at the time, unleashed disastrous repercussions on the Igbo people, which ultimately led to the cataclysmic horrors of the Biafra War.

In a statement by the  Deputy National President of the Ohanaeze faction, Okechukwu Isiguzoro, the group noted that the apology and compensation had become necessary due to the ”staggering loss of life, with approximately three million Igbo—predominantly innocent women and children—slaughtered during the war.”

It stated that the revelations by IBB would compel Nigerians to confront the alleged ‘’stark injustices perpetrated against the Igbo people.”

The statement added that the demand for ten trillion naira in reparations remained steadfast, stressing that the figure was not arbitrary but a symbolic recognition of the ‘’huge losses the Igbo people had endured since the creation of Nigeria.”

The statement read:

“The apex Igbo socio-cultural organization, Ohanaeze Ndigbo, extends its profound appreciation to General Ibrahim Badamasi Babangida (IBB) for his remarkable courage in officially declaring that the January 1966 coup was unequivocally not an Igbo coup.

“This pivotal acknowledgement is not merely a correction of historical nomenclature but a significant moment in our collective pursuit of justice and reconciliation, signalling a potential end to the historical vindictiveness and cruelty that have been pervasive in Federal Government policies towards the Igbo Nation.

“His forthright exemption of the Igbo from the egregious classification as enemies of the Northern region in the aftermath of the coup is both timely and necessary, even if it arrives decades later.

“The mislabeling of the January 1966 coup has unleashed disastrous repercussions upon the Igbo people, most tragically culminating in the July 1966 counter-coup, which decimated a military Head of State of Igbo descent.

“The staggering loss of life, with approximately three million Igbos—predominantly innocent women and children—slaughtered during this conflict, continues to reverberate through our collective consciousness.
“Furthermore, even in the post-Biafra era, the Igbo Nation continues to grapple with systemic injustices, evidenced by acute marginalisation that leaves us with the smallest representation of states within the Nigerian federation.

“The political conspiracies designed to deny the Igbo the rights to ascend to the highest office in the land—Nigeria’s Presidency—the chronic economic neglect symbolised by the closure of the Calabar seaport, the inoperative state of several ports in Igbo land, the implementation of a discriminatory quota system, and the conspicuous absence of functional international airports in the Southeast starkly illustrate the Federal Government’s long-standing policy of exclusion.

“In light of these egregious injustices and the deliberate neglect exhibited by successive administrations, Ohanaeze Ndigbo hereby restates its demands, as articulated previously during the Justice Oputa-led Judicial Commission for the Investigation of Human Rights Violations Panel in 1999.

“We assert that the Nigerian Federal Government, under General Yakubu Gowon, conducted indiscriminate and unjustified bombardments in Igbo territory during the Nigeria-Biafra War, resulting in overwhelming loss of life. These historical realities establish an irrefutable case for the reparations we seek.

“The present Federal Government, led by President Bola Ahmed Tinubu, must recognise this moment as an opportunity to extend a public and unequivocal apology on behalf of previous military regimes. Our demand for ten trillion naira in reparations remains steadfast.

“This figure is not arbitrary but a symbolic recognition of the indelible losses the Igbo people have endured. The time has come for true acknowledgement of these historical wrongs, which can only be rectified through both reparations and sincere apologies.”

Source: LIB

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