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Mahama Sworn-in As Ghana‘s President, Promises 24-Hour Economy

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We need a reset of faith — in our country, in our institutions, and in ourselves. You are Ghana, I am Ghana – President John Mahama 

John Mahama was inaugurated on Tuesday as president of Ghana after defeating vice president Mahamudu Bawumia in the December elections, vowing to reset the nation’s economy.

Thousands of jubilant citizens dressed in the red, white, green, and black colours of the National Democratic Congress (NDC) thronged Ghana‘s capital Accra to welcome President John Mahama. They waved flags, blew vuvuzelas, and danced to traditional drumbeats.

The colourful ceremony, attended by several African leaders, including Nigerian President Bola Tinubu and Kenyan President William Ruto, was a celebration of democracy and hope for a nation battered by years of economic hardship.

In his inaugural address at the iconic Black Star Square in Accra, Mahama struck an optimistic tone, declaring the day a turning point for Ghana, as it marked the start of his unprecedented second term in office.

“We have endured severe economic hardships, moving from one crisis to another in recent years. But there is hope on the horizon,” he said. “Today marks the beginning of a new opportunity – an opportunity to redefine our governance and economic strategies. Together, we shall reset our beloved nation, Ghana.”

Mahama attributed his 7 December electoral victory, where he decisively defeated Vice President Mahamudu Bawumia, to the youth’s demand for change. He pledged to prioritise inclusivity, accountability, and innovation while focusing on critical areas such as economic restoration, governance reforms, and the fight against corruption.

“Your courage to bring change will not go in vain,” Mahama said. “We will focus our initial efforts on four critical areas: economic restoration and stabilisation of the macroeconomic environment; improvement of the business and investment environment; governance and constitutional reforms; and accountability and the fight against corruption.”

Mahama’s vision includes transforming Ghana into a 24-hour economy, leveraging agriculture and agribusiness to stimulate local industries and create jobs.

“This is a patriotic call to action for all of us to participate in building a nation that lives up to its promise, where hope thrives, and dreams become a reality,” he said.

As the crowd at Black Star Square erupted in cheers, Ghanaians looked forward to a new chapter under Mahama’s leadership. His promises of economic restoration and governance reforms have set high expectations, with the coming months expected to test his ability to deliver on his ambitious agenda.

Source: The Africa Report 

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Personality in Focus

Founder, Diamond Bank, Paschal Dozie Dies 86

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Pascal Dozie, a renowned Nigerian entrepreneur and business leader has died. He was 86.

According to sources close to the deceased, Dozie died a battle with old age-related illness.

Dozie, was a man of many parts, best known for founding Diamond Bank and serving as chairman of Pan-Atlantic University.

He was born on April 9, 1939, in Egbu, Owerri, Imo State, Nigeria. Dozie’s educational background includes a degree in Economics from the London School of Economics and a master’s in Administrative Science from City University in London.

Dozie also founded theAfrican Development Consulting Group, which worked with notable clients like Nestle and Pfizer. He served as MTN Group chairman but later resigned and was succeeded by Ernest Ndukwe.

Dozie received the prestigious National Award of the Order of the Niger (OON) for his contributions to Nigeria’s banking industry.

Dozie is survived by his wife Chinyere Dozie, and five children among other relatives.

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Ex-Oyo Governor, Victor Olunloyo, Dies at 90

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A former governor of Oyo State, Dr. Victor Olunloyo, is dead.

According to a statement by his family on Sunday, he died a few days before his 90th birthday.

The statement titled ‘Victor Olunloyo goes home’ was signed by Oladapo Ogunwusi on behalf of the family.

It read, “With a heavy heart but gratitude to the Almighty, we announce the passing into glory of Dr. Victor Omololu Olunloyo, former governor of Oyo State, mathematician and engineer and renowned technocrat, a few days before his 90th birthday.

“The Balogun of Oyo and Otun Bobasewa of Ife, Dr. Olunloyo was first Rector, Ibadan polytechnic and first Rector, Kwara State Polytechnic among other notable appointments.

“His long record of service to the nation and humanity is a source of pride to his family and associates even as we come to grip with this devastating event.

“The Olunloyo family will appreciate the understanding of the press and the public as they commence efforts to give him a befitting burial.

“Even from everlasting to everlasting, He is God.”

About a year ago in April 2024, the rumour of the death of the elder statesman was reported by some news platforms.

But speaking with The PUNCH correspondent who visited his Molete residence in Ibadan, the state capital, he debunked the rumour, saying he was hale and hearty.

“I’m still here, not yet gone,” he declared then.

He also expressed worry over the rumour and asked who would live forever, stressing, “Those breaking death news and the person presumed dead will all die one day.

“I’ve been lucky. My father died at 42, while my mother died at 102. I’m 89. I’ve crossed the expected life age.”

The elder statesman also illustrated how the rumour of his death hit several news platforms on June 7, 2022.

He noted that the rumour mongers claimed that he died at the University College Hospital, Ibadan.

A few days later, the family issued a statement, declaring that he was not dead but suffering from old age ailment and asked Nigerians to pray for him to survive the health complications.

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REDAN Celebrates Aare Emmanuel-King’s Visionary Leadership at 50

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The leadership of the Real Estate Developers Association of Nigeria (REDAN), has congratulated Aare Adetola Emmanuel-King as he clocked 50 years.

Speaking on behalf of the Association,
President & Chairman of Council, Prince Akintoye Adeoye, celebrated Emmanuel-King’s passion and dedication, which continues to inspire the real estate sector.

Below is the detailed statement:

It is with great pleasure that I, Prince Akintoye Adeoye, President and Chairman of Council of the Real Estate Developers Association of Nigeria (REDAN), on behalf of the entire Association, extend my warmest birthday wishes to you.

As you celebrate your birthday today, we recognize your outstanding contributions to the real estate industry. Your visionary leadership in making homeownership accessible and building Adron Homes & Properties into a leading brand sets a high standard for excellence. Your passion and dedication continue to inspire many of us in the real estate sector.

Today is not just a birthday; it is a celebration of your remarkable achievements, wisdom, and the abundant grace of God. From a visionary start to shaping the future of affordable housing in Nigeria, your leadership in the real estate sector has been ground-breaking.

REDAN is proud to recognize your invaluable contributions to the real estate sector and our association. As you step into this new age, may you be blessed with continued success and even greater accomplishments in all your endeavors.

Turning 50 is a momentous occasion, offering a time for reflection on the many successes and cherished memories that have shaped your journey. At REDAN, we wish you continued good health, wisdom, and divine grace as you keep contributing to the advancement of the real estate sector and our beloved nation.

May this year and the ones ahead be filled with even greater achievements, joy, and fulfillment.

Once again, happy 50th birthday, Aare Adetola Emmanuel King.

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