Monday, December 5, 2016

Bayo Ogunlesi appointed in Donald Trump's economic advisory team

The Nigerian community in U.S. has lauded the appointment of Bayo Ogunlesi by U.S. President-elect Donald Trump into his Economic Advisory Team, saying it could signal a positive trend for Africa.

The Nigerians told the Correspondent of the News Agency of Nigeria (NAN) in New York, that Ogunlesi has been an excellent ambassador for Africa and Nigeria in particular.

Mr Michael Adeniyi, former President of a Nigerian U.S.-based group, the Organisation for the Advancement of Nigerians Inc. (OAN Inc), told NAN that "Bayo Ogunlesi is an excellent and extraordinary Nigerian.

"He is very humble, brilliant and outstanding in every way you can think of.

"He has achieved outstanding success in Wall Street and he's a proud ambassador of Africa, which he started in Kings College.

"For him to be appointed into Trump's Economic Advisory Team is a honour to Africa and especially to Nigeria. He will add value to the Trump's team and he's worthy of celebrating.

"Prior to his appointment, Bayo Ogunlesi has been a pride of Africa; he reached the pinnacle of his career in Walls Street through his company which he built from the scratch. He is a round peg in a round hole."

Another Nigerian, Prof. Yetunde Odugbesan-Omede, a professor of Global Affairs and Political Science, at Rutgers University and Farmingdale State College, said Ogunlesi has all it takes to contribute to a positive American economic outlook

"Mr Ogunlesi has an impressive background and will be able to add his perspective and vast knowledge on how to move America forward that will yield positive economic outcomes."

Odugbesan-Omede, however, said it was too early to say if the appointment would have any impact on Nigeria.

"It is too early to determine or come to a conclusion at this moment on whether Mr Ogunlesi's role will have any impact on Nigeria's foreign and economic policy.

"I hope that Mr Ogunlesi will provide guidance on improving both economic and political U.S.-Nigeria relations," Odugbesan-Omede said.

Spokesperson for the Permanent Mission of Nigeria to the UN, Pastor Akinremi Bolaji, said Ogunlesi's appointment was a positive development for Nigeria and Africa.

"I am not speaking for the Nigerian diplomatic community because I am not in the position to do so; it for the Embassy in Washington to do.

"Speaking as a Nigerian, it is a good indication and positive development for Africa and Nigeria that we are among the best brains everywhere.

"It is also to show you that one in every five Blacks is a Nigerian. It is a good indication for our economic and foreign policy.

"It also shows that Africa and Nigeria have good ambassadors everywhere. Ogunlesi has to see himself as a representative of the Black race as the only Black man that made the list by further distinguishing himself.

"I advise him to use his opportunity well and he should bring together people of integrity who will not smear his integrity."

Bolaji said the younger generation has a lot to learn from his distinction, adding "journalists have a lot to do to tell us how he was able to weather the storm and got recognised worldwide.

"It also shows that the best economic brains are scattered everywhere in Nigeria. We have the Dangotes in the North, Jim Ovias and Tony Elumelus in the East and South South and Otedola in the West, and now Ogunlesi.

"If we put our house together, we have people all over the world and at home who have all it takes for us to succeed," Bolaji said.

NAN recalls that Ogunlesi, who is the chairman of Global Infrastructure Partners, a private equity firm and one of Fortune 500 companies, was named a member of an economic advisory forum to Trump.

The 63-year-old Nigerian is the only African face in the 16-man team.

"President-elect Donald J. Trump today announced that he is establishing the President's Strategic and Policy Forum," said a press release from Blackstone published by Business Insider.

The Forum, which is composed of some of America's most highly respected and successful business leaders, will be called upon to meet with the president frequently to share their specific experience and knowledge as the president implements his plan to bring back jobs and 'Make America Great Again'.

Friday, December 2, 2016

Video - Government boosts other sectors to wean the country off oil



The manufacturing sector in Nigeria has suffered years of decline as the oil boom eclipsed other industries. To encourage the private sector, the government is already spending heavily on the country's run-down infrastructure, and promoting the consumption of local goods and services.

Video - Nobel Laureate Wole Soyinka gives up US residency after Trump's victory




Nigerian Nobel Laureate, author and playwright Wole Soyinka has thrown away his green card in protest against Donald Trump's presidency. The Nigerian vowed to do so if Trump won the U.S. presidential polls. The 82-year-old scholar was the first African to win the Nobel Prize for literature in 1986. He's been living in America for for more than 20 years. Soyinka maintains Trump's presidency is a sign it's the right time for him to leave.

400,000 children in Nigeria at risk of starvation

Fati Adamu has not seen three of her six children nor her husband since Boko Haram fighters attacked her hometown in northeast Nigeria in a hail of gunfire.

Two years on, she is among thousands of refugees at the Bakassi camp in Maiduguri, the city worst hit by a seven-year-old conflict that has forced more than two million people to flee their homes.

The United Nations says 400,000 children are now at risk from a famine in the northeastern states of Borno, Adamawa and Yobe - 75,000 of whom could die from hunger within the next few months.

A push against the fighters by the Nigerian army and soldiers from neighbouring countries has enabled troops to enter remote parts of the northeast in the last few months, revealing tens of thousands on the brink of starvation - and countless families torn apart.

"I don't know if they are dead or alive," Adamu, 35, said of her missing relatives.

There is a renewed threat of Boko Haram attacks. The start of the dry season has seen a surge in suicide bombings, some of which have targeted refugee camps, including one at Bakassi in October that killed five people.

The World Food Programme said it provides food aid to 450,000 people in Borno and Yobe. About 200,000 of them receive $54 each month to buy food, soon to rise to $73.

At least 15 camps, mostly on the outskirts of Maiduguru, the Borno state capital, are home to thousands of people unable to return home and surviving on food rations.

At one known as New Prison, women and children visibly outnumber men, many of whom were killed by Boko Haram or are missing.

One man - Bukaralhaji Bukar, 45, who has eight children from his two wives - said the food he buys with the monthly stipend finishes within two weeks.

"We are suffering. It is not enough," said Bukar, who begs on the street to make money.

In the centre of Maiduguri, life seems to be returning to normal. Food markets are bustling but soldiers in pick-up trucks clutching rifles are reminders of the need for vigilance.

Malnourished children

In a ward in Molai district near the Bakassi camp, the air is filled with the sound of crying babies and the gurgle of those who lack the energy to cry. Some, whose skin clings tightly to their bones, are silent - too weary to even raise their heads.

"Many of them are malnourished, which is already bad enough, but they also develop things like malaria which further worsens their illnesses because they cannot eat and start vomiting," said Dr Iasac Bot, who works at the unit overseen by the charity Save the Children.

Children have conditions ranging from diarrhoea and pneumonia to bacterial infections and skin infections.

Hauwa Malu, 20, fled with her husband and their two-week-old daughter, Miriam, from her village in Jere after Boko Haram fighters burned the farming community to the ground and took their cattle.

Miriam, now aged 10 months, has suffered from fevers, a persistent cough, and is malnourished. Her mother said they have been left without a home or livelihood.

Tim Vaessen of the UN's Food and Agriculture Organization said a failure to restore their ability to farm would in the long term mean displaced people would depend on expensive food aid.

"They would remain in these camps, they would become easy targets for other armed groups and they might have to migrate again - even up to Europe," he said.

Al Jazeera