Business
Upcoming FITCC Conference – One-on-One with the Event Facilitator, Linda Anukwuem
…Says the event will validate demand for a Nigerian Consulate in Houston
The President of AIX LLC, the Houston-based facilitator of the FITCC Conference, Linda Anukwuem walked into the newsroom at the Texas International Guardian to shed light on a two-day international conference expected to attract a diverse group of entrepreneurs and industry leaders in America’s fourth largest city, Houston. Ms. Anukwuem spoke to the publisher, Dr. Anthony Ogbo. Below is the transcript:
Come October 24-25, the Fidelity Bank Plc. Nigeria will unveil its premier international trade and creative fair themed, Fidelity International Trade & Creative Connect (FITCC). Tell us, what is this event all about?
Thanks for this opportunity. The event is a unique platform to bridge the gap and support bilateral trade between Nigeria and Houston. Nigeria has a large diaspora community that resides in Houston and the neighboring cities which include Dallas, Austin, and San Antonio looking to engage in business activities back home. In addition, the event will bring over 100 exporters in various industries looking to transact with retail buyers, manufacturers, etc. The event will create an atmosphere to do business beyond borders. Networking and engagement will be instrumental to a successful outcome for the event and Fidelity Bank Nigeria.
In addition, the ITCC will take place at the George R. Brown (GRB) Convention Center, one of the 10 largest convention centers in America, and this event will be the first Nigeria-facilitated conference to be held at this convention center.
Anukwuem… “The proposed partnership with TSU will allow a working collaboration with the students depending on their choice of study. We are really excited about their participation and cannot wait to release more details soon.” Photo/International Guardian
Good to know that this event will create a path to doing business across and beyond borders. Tell us about the structure – what exactly would participants be expecting?
Attendees should expect the following: tradeshow, panel sessions, topic-focused breakout sessions, fashion show, networking, and B2B meetings. The discussions will feature experts, policymakers, and businesses from Nigeria and the United States to provide a more cohesive discussion allowing challenges, success stories, and solutions to be shared. Registration is very important due to limited seats for the panel and breakout sessions.
In addition, this trade expo will surely carry out the theme ‘Connecting Nigeria to the World’. Exporters will showcase authentic products including but not limited to textiles, food seasonings, and items displaying craftsmanship of what ‘Made in Nigeria’ truly exemplifies. The trade expo will be activated on both days from 9:00 a.m. – 4:00 pm. Please visit www.fitccusa.com to secure your complimentary registration
There is this video of Houston’s Mayor, Sylvester Turner, who just led a three-country trade mission to West Africa, acknowledging the city’s readiness to host this event. What part does the city of Houston play in this event? To Mayor Turner, who will out-serve his tenure in a few months, what does this event mean to him and the city?
Yes, that was a video by Mayor Sylvester Turner detailing the significance of this event and the City’s commitment to matters of international business, especially involving African affairs. Mayor Turner has been extremely supportive of the event and his office has shown the willingness to support within their capacity. The event has extended an invitation to the Mayor to welcome guests and attendees at the Fidelity International Trade & Creative Connect. We look forward to hearing a goodwill message from the Mayor at the Opening Session. We are also dialoguing with the Houston Airport System which is significant for their presence to support their quest to reactivate the direct flight to Lagos from Houston.
I truly believe the Fidelity International Trade & Creative Connect is an excellent opportunity to elevate the discussion and the need for a Nigerian Consulate which has been spearheaded by many in the Houston diasporan community and Mayor Sylvester Turner.
The ITCC will take place at the George R. Brown (GRB) Convention Center, one of the 10 largest convention centers in America.
Tell us about partnering entities of this event. We heard that FITCC is partnering with many other entities, including the Texas Southern University in Houston. Any details on this yet?
Yes, FITCC will be partnering with a few local entities including Texas Southern University. The proposed partnership with TSU will allow a working collaboration with the students depending on their choice of study. We are really excited about their participation and cannot wait to release more details soon.
From dignitaries to delegates and participants, who exactly are you expecting here?
Local officials including Mayor Sylvester Turner, Nneka Onyeali-Ikpe (CEO & Managing Director) Fidelity Bank Nigeria, Her Excellency Engr. Tamunominini Olufunke Makinde (First Lady of Oyo State, Nigeria), Benedict Oramah (President – Afrieximbank), Engr. Henry Obih (Independent Director-Fidelity Bank Nigeria), Ufo Eric-Atuanya (Senior Vice President, Global Business Development – Export-Import Bank of the U.S.), 97.9 The Box – G.T. Mayne
How could guests, partners, volunteers, etc. reach out to the event facilitators?
Complimentary registration to attend the event is available at www.fitccusa.com. For inquiries, please send us an email through linda@aixfirm.com or call us at +1 (832) 452-7784
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Business
Global Cyber Security Expert, Professor Ojo Emmanuel Ademola bags Most Outstanding Personality of the Year Award
Professor Ojo Emmanuel Ademola has been recognized as the Outstanding Personality of the Year in Technology at the prestigious 4th Edition of the South West Advancement Award and Investment Summit. Professor Ademola is a Nigerian Cyber Security and Information Technology Management Professor and a Chartered Fellow of the Royal Chartered Management Institute.
This incredible achievement was celebrated at an exquisite event held on Wednesday, June 12, 2024, at 5 pm at the esteemed Oriental Hotel in Lekki, Lagos, Nigeria. The event brought together esteemed technocrat political leaders and prominent personalities from diverse sectors, creating an exceptional gathering of influential figures.
The annual award ceremony is dedicated to acknowledging individuals for their remarkable contributions, with a special focus on those making significant impacts within the South West region of Nigeria. The esteemed recognition is a testament to Professor Ademola’s dedication and expertise in advancing technology, especially in Africa and Europe, particularly notable for his influential work in the United Kingdom.
Dr Smith Raymond, the Director General of The Institute for Enterprise Management and Analytics, commended Professor Ademola for this well-deserved award, acknowledging the professor’s unwavering commitment to technological progress. He emphasized the importance of Professor Ademola’s work. He encouraged him to continue his outstanding efforts, highlighting that this honor is a motivating call to action in further driving innovation.
In Professor Ademola’s absence at the event, his representation by S.A. on Media, Babatunde Adekanmbi, conveyed the professor’s heartfelt gratitude and appreciation for the nomination and award. It was seen as an inspiration for Professor Ademola to continue his impactful work in technology.
The event was graced by an array of distinguished personalities, including Dr. Reuben Abati, the Special Adviser on Media and Publicity to former President Goodluck Jonathan, Chief Dele Momodu, the Chairman of Ovation Media Group, and His Imperial Majesty Oba Ogunwusi, the revered Ooni of Ife, alongside various other notable dignitaries. The gathering highlighted the significance of Professor Ademola’s contributions and celebrated the collective achievements in advancing technology and innovation within the region
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Africa
Could South Africa be the first-ever country to provide a no-strings-attached universal basic income?
South Africa suffers from severe income inequality — one of the worst anywhere in the world. Its unemployment rate, meanwhile, is over 30%.
But its government thinks it has a solution: a universal basic income .
The idea has broad political support and the country’s largest political party, the African National Congress, said recently it is committed to implementing a universal basic income within two years.
Once the figment of ideological dreamers, a universal basic income — regular direct cash payments to a population with no strings attached — has grown in legitimacy, especially after the success of COVID-era stimulus checks. Tech visionaries racing to develop ever-more advanced artificial intelligence have also suggested implementing a universal basic income. They say it would help mitigate the job losses from AI .
Several other countries have experimented with versions of a universal basic income. Kenya, for instance, offers unconditional payments to about 20,000 people in 200 different towns.
In the United States, numerous cities and some states are experimenting on a small scale with guaranteed basic incomes , which offer no-strings-attached payments but only to select groups of people in need. While studies have shown these American programs to be successful, they have also run up against significant political opposition .
But in South Africa, most political parties are all for it. They just need to work out the details.
“The ANC is committed to finalizing a comprehensive policy on the basic income support grant within two years of the new ANC administration, ensuring broad consultation and expedited action,” South Africa’s ruling party said in a statement .
That statement came a week before hotly contested general elections on May 29, which saw the ANC lose its majority in parliament. The ANC is now working to form a unity government and a commitment to implementing a universal basic income will almost certainly come up in negotiations.
According to the party, a study at the University of Johannesburg showed that a majority of South African citizens “fully support the introduction of a basic income support grant.”
While South Africa provides payments to certain groups living below the poverty line through its Social Relief Distress grant program, the ANC plan would open eligibility to all South African adults, the Guardian reported .
The ANC said it is “exploring” options, like new tax measures and a new social-security tax, to fund the program. The party also says its goal for the program is not to replace existing social-security programs, but to complement them.
If it follows through, the ANC plan would make South Africa the first country to provide a universal basic income.
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TOKYO (AP) — Toyota Chairman Akio Toyoda apologized Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them.
The wide-ranging faulty testing at Japan’s top automaker involved the use of inadequate or outdated data in collision tests, and incorrect testing of airbag inflation and rear-seat damage in crashes. Engine power tests also were found to have been falsified.
Toyota Motor Corp., based in Toyota city, central Japan, suspended production in Japan of the Corolla Fielder, Corolla Axio and Yaris Cross. The faulty tests were also found on discontinued models.
The company said the wrongdoing does not affect the safety of the vehicles already on roads, which include the Corolla subcompact and Lexus luxury vehicles.
“We sincerely apologize,” Toyoda said, bowing deeply at a news conference in Tokyo.
A Japanese government investigation into Toyota began in January. The latest problems don’t pertain to Toyota’s overseas production.
Also Monday, Japanese rival Mazda Motor Corp. reported similar irregular certification testing, and halted production of two models, the Roadster and Mazda 2. It said incorrect engine control software was used in the tests.
Mazda, based in the southwestern city of Hiroshima, also acknowledged violations on crash tests on three discontinued models. The violations don’t affect the vehicles’ safety.
Tokyo-based Honda Motor Co. also apologized late Monday for improper tests, such as those on noise levels and torque, on a range of models whose affected older versions are no longer in production, such as the Accord, Odyssey and Fit. The safety of the vehicles is not affected, it said.
About two years ago, certification problems surfaced at Toyota group companies, truck maker Hino Motors and Daihatsu Motor Co., specializing in small models, and Toyota Industries Corp., which makes machinery and auto parts.
Shinji Miyamoto, a Toyota executive overseeing customer satisfaction, said Toyota began looking into its own tests following the problems at the group companies.
The apparent unraveling of the testing systems at Toyota and its group companies is an embarrassment for an automaker that’s prided itself for decades on production finesse and a corporate culture based on empowering workers to make “ever-better cars.”
Toyoda said the company may have been too eager to get the tests done and abbreviated them at a time when model varieties were burgeoning.
Toyota sells more than 10 million vehicles around the world.
Toyoda, the grandson of the company’s founder, suggested some certification rules might be overly stringent, noting such tests differed around the world. But he repeatedly said he wasn’t condoning the violations.
“We are not a perfect company. But if we see anything wrong, we will take a step back and keep trying to correct it,” said Toyoda.
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