Channels Television And IREX Highlight Works Of Young African Leaders

Channels Television And IREX Highlight Works Of Young African LeadersChannels Television and IREX have announced their partnership to produce and broadcast testimonials of young African leaders who are making a difference in their communities across Nigeria and Africa.

These young leaders will primarily consist of alumni of the Mandela Washington Fellowship, the flagship programme of President Obama’s Young African Leaders Initiative (YALI), that strengthens the leadership and professional skills of young professionals.

Beyond growing the talents of individual fellows, the programme also forges networks of leaders to deepen the impact of development locally and to share ideas across Africa.

Other participants will include community leaders and Africa-based alumni of other programmes implemented by IREX.

The Chairman of Channels Media Group, John Momoh, said of the partnership: “This partnership is exciting because it is important to amplify the positive narrative of Africa’s growth testimonials about young leaders transforming their communities and nations.”

IREX President and CEO, Kristin Lord, said, “Africa is beginning to show the world what the new face of servant leadership could look like and it serves us all to recognize, encourage and broadcast this movement.”

Together, Channels Television and IREX will amplify the voice of young leaders across Africa starting with Nigeria on November 1, 2016.

Channels Television will broadcast these testimonials with the goal of sharing the valuable contributions young Africans are making to their communities and countries.

Channels Television is an independent and multiple award-winning, 24-hour news and media company based in Lagos, Nigeria.

IREX is an international nonprofit organization dedicated to building a more just, prosperous, and inclusive world by empowering youth, cultivating leaders, strengthening institutions, and extending access to quality education and information.

The Mandela Washington Fellowship is a programme of the United States government and is implemented by IREX.

For more information, please contact:

Erin Powell, Communications Coordinator, IREX; [email protected]

Kingsley Uranta, AGM, Operations, Channels Television; [email protected]

Yemisi Ipaye, Snr Manager, News & Corporate Affairs, Channels Television; [email protected]


Cross River State To Get Pharmaceutical Company

Cross River-AyadeThe Cross River State Governor, Ben Ayade, has announced plans by his administration to site a pharmaceutical company in the state.

He said the company would be in operation on or before the first quarter of 2017.

According to the Governor, the initiative emanated from not only the conceptualisation of two of his major projects – the deep seaport and the superhighway – but the peace and tranquillity in the state.

He said that the peaceful atmosphere had attracted large foreign participation at the just concluded Carnival Calabar, culminating in investors pouring into the state.

The Governor, who was visited on a courtesy call by the would-be investors, Healthage Nigeria limited, disclosed that, his administration would continually support any investor interested in the state with provision of land in a best business location to invest on.

Governor Ayade urged investors to also consider adding up a cosmetic section to an aspect of the factory for larger sales, considering the high demand of cosmetics by households.

He assured the investors of huge turnaround of their products in the state and country at large.

The Governor commended the team for the commitment shown towards the course, assuring them of the state government’s total support towards its realisation in the shortest possible time.

Making a presentation to the governor and some of his aides on the company’s mandate, the Director, Operations, Healthage Nigeria limited, Farhan Ahmad Khan, expressed his firm’s readiness to carry out the job aimed at emulating Pakistan in showcasing the World Health Organisation’s (WHO) approved factory with registered products from the National Agency for Food Drug Administration and Control.

Mr Farhan said the pharmaceutical company would among other things; prevent capital flight by producing drugs that were hitherto being imported into the country, thereby replicating their wealth of experience in Cross River State.

Financial Reporting Council Sets Sanusi’s Probe Date

sanusi_lamidoThe suspended governor of the Central Bank of Nigeria (CBN), Mr Lamido Sanusi, is expected to appear before the probing panel of the Financial Reporting Council of Nigeria (FRC) on Thursday.

Other CBN staff expected to be present at the probing session are the CBN Acting Governor Dr Sarah Alade, former CBN Deputy Governor, Operations, Tunde Lemo and six others.

The FRC is investigating the activities of the CBN for financial years ended December 31, 2011 and 2012. 

Mr Sanusi was suspended on February 20 by President Goodluck Jonathan for alleged financial recklessness.

He has, however, dragged the government to court, saying it lacks power to remove him and has also approached the court for an order that would restrict anti-graft agencies from arresting him.

Meanwhile, the past Chief Executive Officer of Access Bank, Mr Aigboje Aig-Imokhuede and the former Managing Director and Chief Executive Officer of the defunct Intercontinental Bank, Mr Erastus Akingbola faced the FRC probe panel on Wednesday.

Although neither the members of the panel nor those being probed agreed to talk to the media, Channels Television gathered that Wednesday’s session was a preliminary hearing on issues relating to the relationship between Access Bank and Intercontinental Bank and their recent relationship with the Central Bank.

Akingbola is also facing a suit for allegedly stealing 47.1 billion Naira belonging to Intercontinental Bank.

A court in London had on August 1, 2012 ordered Mr Akingbola to pay Access Bank £654 million for some fraudulent practices committed when he was in charge of the defunct Intercontinental bank which was acquired by Access Bank on January 31, 2012.