…as employers hand immediate job placements to 28% of Trainees
In furtherance of its commitment to build capacity and upskill youths whilst empowering unemployed and underemployed persons in the state, the Lagos State Employment Trust Fund (LSETF) under its skills acquisition scheme, the Lagos State Employability Support Project (LSESP), has graduated 140 trainees following the successful completion of their skills acquisition programme.
The beneficiaries were trained under the pilot phase of the Skills Development for Youth Employment (SKYE) Programme, an initiative of the Deutsche Gesellschaft for Internationale Zusammenarbeit (GIZ), a development agency of the German Government in partnership with the Lagos State Employment Trust Fund (LSETF). With an objective to reduce illegal migration of Nigerian youth, the Project was targeted at 140 potential migrants (including voluntary returnees from the European Union) residing in Lagos.
The beneficiaries successfully completed a rigorous vocational and technical training designed to equip them with relevant skills in order to improve their prospects of gaining economic independence. The programme focused on skills development in the critical and vibrant industries in Lagos, such as Construction, Fashion, Health & Beauty, Hospitality, Creative & Arts and Media & Entertainment sectors. Out of the 140 graduate trainees, 61% make up the female gender. The beneficiaries of the program, so far, comprise 89% of potential migrants and 11% of voluntary returnees; having qualifications ranging from JSSCE to Tertiary degrees.
During the graduation ceremony of the beneficiaries held at Adeyemi Bero Hall, Alausa, Ikeja, Lagos, on Wednesday, May 8, 2019, the graduate trainees were presented with globally renowned certifications following their successful completion of the skills acquisition programme.
Commenting, the Acting Executive Secretary of the LSETF, Mrs. Teju Abisoye, who was represented by Mr. Rahman Akinwonmi, Director, Finance and Corporate Services, LSETF, said “We are very pleased to have witnessed a very successful first outcome of this initiative, in which the LSETF and the GIZ join forces in their shared mission of up-skilling the capacity of thousands of youths in Lagos to make them globally competitive to gain sustainable employment and be dissuaded from embarking on the dangerous illegal migration to Europe. We believe that when our youth are equipped with the right skills to take advantage of any employment or entrepreneurial opportunities in the State, they would be confident and hopeful of staying in the country to realise their dreams and not join many who take dangerous journeys in search of better economic conditions.
“While I congratulate the successful trainees, we also use this occasion to send our sincere gratitude to the organisations that have immediately placed 28% of the trainees in their employment. This has further strengthened our resolve to reach more young people, building their skills and position them for a future of rewarding and personal fulfillment”, he added.
The Permanent Secretary of the Ministry of Wealth Creation and Employment, Mrs Abidemi Raji, stated that, “This partnership stems out of the deliberate employment intervention policies made by Lagos state which showcases our commitment to capacity building, entrepreneurship, empowerment and sustainable youth development. We are optimistic that this collaboration will achieve all the agreed KPIs and milestones, thus impacting greatly in tackling unemployment.”
Also speaking at the graduation ceremony, Team Leader, GIZ, Tobias Wolfgarten added that “We are here on behalf of the German government, partnering with the Lagos State Employment Trust Fund to develop the youths with relevant skills and also going further to placing them in jobs. We believe strongly that this will help in providing these youths with competitive advantage in this dynamic world”.
Two Importers, Emmanuel Anthony Nnan and John Paul Ejike, have been remanded in prison custody on the orders of Chief Magistrate O.A. Oshin of the Igbosere Magistrate Court, Lagos, pending their arraignment at the Federal High Court, Ikoyi, Lagos on allegation of forging the Standards Organisation of Nigeria (SON) import documents to bring in suspected substandard liquefied petroleum gas (LPG) cylinders.
According to the SON Prosecutor, Adeleke Olofindare, the suspects were apprehended when they presented forged product registration certificate with the signature of a former SON chief Executive to the organisation’s officials at No. 3 Burma Road Apapa for importation of containers of suspected substandard LPG cylinders.
They were promptly arrested and handed over to the Police for further interrogation.
The prosecution thus applied for a detention order before Chief Magistrate O.A. Oshin of the Igbosere Magistrate Court pending their arraignment which was granted.
It will be recalled that the SON Chief Executive, Osita Aboloma earlier in the year, admonished stakeholders in import and manufacturing businesses to comply strictly with the Mandatory Conformity Assessment Programme (MANCAP) for locally manufactured products and the offshore Conformity Assessment Programme (SONCAP) for imports, reiterating the organisation’s determination to prosecute all standards infractions
David Ayodeji Adeleke, popularly known by his stage name Davido is a Nigerian Afro pop artist. The United States born artist is also a songwriter and a record producer. He made his music debut as a member of the music group called KB International, what exactly is Davido Net Worth .
Davido studied Business Administration at Oakwood University before dropping out to go into music by making beats and record vocal references. He rose to fame in 2011 with the release of ‘Dami Duro’, the second single from his debut studio album ‘Omo Baba Olowo’.
In 2012, David Adeleke won the Headies Award for Next Rated artist. Between 2013 and 2015, he released hit singles, ‘Gobe, One of a kind, Skelewu, Aye, Tchelee which he features Mafikizola, Naughty, Owo ni koko, The sound and The money featuring Olamide Baddo.
In January 2016, Davido announced via his Twitter handle that he signed a record deal with Sony Music. The record label later put out a press release to confirm the record deal. A few months after the deal, he founded the Davido Music Worldwide (DMW) record label. In July 2016, Davido signed a record deal with Sony’s RCA Records.
The former (Sony Records) generated worldwide social media activity, while the latter (Sony’s RCA Records) became the longest-charting Nigerian pop song in Billboard history.
Davido’s Early Life and Beginnings
Davido was born on the 21st of November, 1992 to Adedeji Adeleke and Veronica Adeleke in Atlanta Georgia, USA. His father is a Nigerian business magnate and his later mother was a university (Babcock University) lecturer. He attended the British International School, Lagos and studied Business Administration at Oakwood University, US prior to relocating back to Nigeria.
His interest in music started during his time at Oakwood University. He bought musical instrument and started making beats and recording vocal references. He later dropped out of the university when he started getting bad grades and relocated to London, UK, where he focused more of his energy towards music.
When he returned to Nigeria in 2011, his music career was sidelined after he agreed to honour his father by enrolling at Babcock University. In July 2015, Davido earned a music degree from Babcock University after his father paid the university to erect a music department for an inaugural class of just one student.
“I’ve been doing music for like one year but I took it seriously in March 2011. I was formally in a group called KB International in America. It wasn’t working out so I thought I should just do this on my own and that was when I moved back to Nigeria.
“I was around people that were musically inclined. I love music, and why not do something you love and you are happy doing and making money at the same time,” Davido, on his decision to venture into music.
Davido’s International Fame
On November 30, 2017, Davido won the best African act at the MOBO Awards and also became the first African artist to perform live at the awards. On June 24, 2018, Davido became the first African-based artist to have received his award on the BET Awards main stage.
The award was presented by Hollywood actor, Omari Hardwick and actress Tika Sumpter. In his acceptance speech, he urged patrons and American artists to visit Africa and to also enjoy the African delicacies.
On April 6, 2012, report revealed that Davido signed a N30m endorsement deal with MTN which unveiled him as the face of MTN Pulse, a marketing campaign for Nigerian youths. On October 24, 2013, another report revealed that Guinness Nigeria signed Davido to an endorsement deal. As part of the deal, he performed at the Guinness World of More Concert alongside notable Nigerian artists.
On the 9th of May 2018, a report once again revealed that Davido signed an endorsement deal with Infinix, a smartphone manufacturing company in Nigeria for an undisclosed fee but expected to worth millions of Naira.
Davido can boast of two two adorable and beautiful daughters, Aurora Imade Adeleke and Hailey Veronica Adeleke. Sophia Momodu, a fashion enthusiast and niece to Dele Momodu, CEO, Ovation Company is the biological mother of Imade Adeleke.
Nothing specific is known about the mother of Davido’s second’s daughter, Hailey Adeleke but the media later found her name to be Amanda and resides in Atlanta Georgia.
The Afro-pop artist and father of two adorable kids is currently dating a Babcock University undergraduate, popularly known as Chioma. Davido, in his usual manner has been spoiling Chioma with expensive gifts and shopping sprees.
He bought her an expensive sport car in 2017 to celebrate her birthday. He also currently took her to Dubai and Paris to shop, spoiling her with expensive gifts.
Chioma Avril Rowland is a 300 Level student of Babcock University.
Davido’s House, Cars and Private Jet
Davido is one of the richest musicians in Nigeria today, though he is a son of a wealthy Nigerian billionaire. The numbers of cars and houses owned by him puts him among the wealthiest artists in the Nigerian music industry.
The Atlanta born singer can boast of a mansion in Lekki, Lagos and another one in Atlanta Georgia in the United States of America. According to report, his Lekki house is estimated to cost up to N140 million. The house is said to be a four-bedroom semi-detached duplex with one of the best interior designs in Nigeria.
The singer can also boast of exotic cars in his garage which cost millions of dollars to purchase. He recently acquired a private jet which is rumoured to have cost him N9.7billion.
Davido’s Net Worth
What is Davido Net Worth? Davido’s net worth is estimated at USD14m as at 24 years of age. His cars, houses and endorsement deals are parts of his assets
Following the success recorded by the dematerialization of shares of listed companies in the capital market, the Capital Market Committee, CMC, is advocating that the exercise be extended to shares of unlisted companies.
This was part of the deliberations at the Q1 CMC meeting held in Lagos weekend.
Acting Director General of the Securities and Exchange Commission, SEC, Ms. Mary Uduk who briefed newsmen on the outcome of the meeting, said this is necessary in a bid to further deepen the market.
Uduk said it was acknowledged that the Dematerialization exercise was successful, however, the implementation of this initiative was restricted to shares of listed companies. Consequently, the CMC is advocating for the extension of the exercise to shares of unlisted public companies as this would enhance liquidity and ease market processes, enhances market dynamism, and decision making in securities investment, among others.
According to Uduk, “Dematerialization is the process of converting physical shares into electronic format. The Investor surrenders his physical shares and in turn gets electronic shares in his demat account.
“The advantages of dematerialization are many: it enables the investor to trade at any time without necessarily passing through the bottlenecks of verifying the share certificates any longer, because the shares are now domiciled with CSCS, he can give a mandate to his broker at any time and the broker accesses the Exchange that same day and trade for him.
Uduk also disclosed that the market advocated for the Commission to take strong actions against Company secretaries who aid the trade of shares of unlisted public company outside a SEC recognized platform as required by the law.
“The market was also informed of some successes recorded thus far in the regularization of multiple share subscription. Through this exercise, some Nigerian investors in diaspora have been able to consolidate their shareholding accounts. Similarly, several local investors with numerous accounts have also been able to consolidate their investments.
“We therefore enjoin the general public to take advantage of this initiative to regularize their shareholding accounts before the December 31, 2019 deadline. We crave the indulgence of the ladies and gentlemen of the press to sensitize the public on this initiative.
We continue to seek the support of the media and the collaboration of the entire market as we strive to build the capital market of our dreams” she stated
The CMC was mainly established to serve as a medium for exchange of ideas among market stakeholders as well as for feedback to SEC on how to continuously improve the market activities and regulation.
It is an industry-wide committee comprising members of the commission, representatives of capital market operators and trade groups and other stakeholders. The CMC meets every quarter to deliberate on various issues affecting the market and other policy matters