Business
Mbaise USA Elects New President, Honors ABC Transport And Outstanding Supporters At North Carolina Convention
The Mbaise USA, an association representing the Mbaise community in the United States has successfully elected a new slate of executives to steer its affairs for the next term.
Diaspora Watch reports that the election, conducted on July 14, 2024, saw the emergence of Ezeji Alozie Aguwa as the President, Mazi Bethels Agomuoh as the Vice President, Dr. Uche Bonny-Life Ndu as General Secretary and Paul Nwachukwu as Financial Secretary.
Anthony Olagba, Chief Dr. Kelechi Eke, Chief Jude Izukanma, Honorable Emmanuel Njoku, Chief Paul Uwahemo and Mrs B.B. Oku were elected as Assistant Financial Secretary, Director of Socials, Director of Culture, Deputy Director of Culture, Provost and Treasurer respectively.
Mrs. Nnenna Joy Ugorji CON of Excel Global Media Group elected as Director of WomenAffairs while Mrs. Lindsey Okpomeshi Tihfon elected as Director of Children Affairs and Mrs. Immaculata Opara as Deputy Director of Children Affairs.
Dr Charles Iwejuo, CliffOpara and Edward Ezeh were elected as Board Chairman and Deputy Chairman and Secretary respectively.
In his acceptance speech, President-elect Ezeji Alozie Aguwa expressed profound gratitude for the trust placed in him by the members of Mbaise USA. He vowed to uphold the principles and continue the initiatives established
¡CONTINUED FROM P12 by his predecessor.
“I am deeply honored by the trust and confidence you have placed in me,” Aguwa said. “I assure you all that I will not betray the huge trust of the entire Mbaise people. I am committed to continuing the great legacies laid down by my predecessor and to working tirelessly for the betterment of our community.”
Aguwa emphasized the importance of unity and collective effort in achieving the association’s goals. “Our strength lies in our unity and shared commitment to our cultural heritage and communal welfare. Together, we can achieve remarkable milestones and build a stronger, more cohesive Mbaise USA,” he reiterated.
In another significant development, the Mbaise USA Gala Night was held with great fanfare and was chaired by Mr. Frank Nneji OON, the chairman of ABC Transport. The event marked the culmination of a series of activities
organized by the association.
In his opening remarks, Mr. Nneji thanked the organizers of the convention, led by the outgoing president, Chief SOS Echendu, who also served as the chief host. He expressed gratitude for the unwavering support provided by Mbaise USA to various projects back home and encouraged attendees to continue their support.
Mr. Nneji highlighted the significant contributions made by Mbaise people in the diaspora, noting that records show they have sent approximately 70 to 90 million dollars back home in 2023. This support has been crucial in realizing numerous community goals and development projects.
During the event, ABC Transport was recognized with an award of excellence and appreciation for its outstanding contributions and support to the Mbaise USA projects back home. Another award was presented to a distinguished member of the diaspora, Dr. Jude Onyegbado, for his unwavering support to the organization.
Also awarded were Dr. George Echebelem & Mrs. Stella Echebelem for Achievement Award.
The highlight of the evening was the recognition of Eze Elect Charles and Ugoeze Ann Egbe as the chief launchers of the occasion. Renowned philanthropists both in the Diaspora and in Nigeria, the couple made a significant contribution of $25,000, making them the highest donors at the event.
The newly elected executives are expected to build on the foundation laid by their predecessors, fostering unity and driving development projects both in the United States and back home in Nigeria. The Mbaise USA community looks forward to continued progress and engagement under the new leadership.
Nigerian banks’ rush to upgrade their core banking systems has caused confusion and frustration for many customers. With banks upgrading to more secure software, the lack of communication and customer support has left millions unable to access their funds, sparking questions about the bank’s commitment to customer welfare.
Dr. Uju Ogubunka, President of Bank Customers Association of Nigeria (BCAN), emphasized the severe impact of these disruptions, stressing the need for better communication and customer preparedness during such transitions. Banks must strike a balance between technological upgrades and customer service to retain trust, especially in an economy facing devaluation pressures.
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As Nigeria commemorates its 64th Independence anniversary, the stark contrast between celebration and the persistent challenges of corruption, mismanagement, and unfulfilled promises becomes evident.
The editorial revisits historical attempts at reform, such as the Independent Corrupt Practices Commission’s (ICPC) prosecutions and the House of Representatives’ inquiry into the unfulfilled $14.5 million aircraft repair contract. Many of these initiatives have faded from public memory, leaving questions about accountability unresolved.
High-profile corruption cases, including the Halliburton scandal involving alleged bribes of $180 million, highlight systemic failures within the political landscape.
The editorial emphasizes the need for collective action from citizens, civil society, and the media to demand transparency and accountability. It warns that without addressing these entrenched failures, Nigeria’s path toward democracy and good governance may continue to be fraught with unfulfilled promises.
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In a significant blow to Scotland’s energy sector, the 100-year-old Grangemouth refinery is set to close in 2025, citing its inability to compete with modern plants in Africa, Asia, and the Middle East. The refinery’s operator, Petroineos, announced the closure, which will result in the loss of 400 jobs.
Located in Scotland, Grangemouth refinery has been in operation since 1924, making it the country’s oldest and only refinery. However, despite its rich history, the refinery has struggled to remain competitive in the face of mounting global competition. Petroineos, a joint venture between PetroChina Internation al London (PCIL) and INEOS Group, a British chemicals firm founded by billionaire Sir Jim Ratcliffe, has invested $1.2 billion in the refinery since 2011.
However, the company has incurred significant losses, totalling over $775 million during the same period. According to Petroineos, the refinery is currently losing around $500,000 per day and expects a $200 million loss in 2024.
The company’s Chief Executive, Frank Demay, stated that the market for petrol and diesel fuels is expected to shrink further due to the upcoming ban on new petrol and diesel cars within the next decade. “Grangemouth is increasingly unable to compete with bigger, more modern and efficient sites in the Middle East, Asia and Africa.
Due to its size and configuration, Grangemouth incurs high levels of capital expenditure each year just to maintain its licence to operate,” Demay explained. The closure of Grangemouth refinery marks a significant shift in the global oil refining landscape, with modern and efficient plants in Africa, Asia, and the Middle East gaining a competitive edge. The Dangote Refinery in Nigeria, one of the largest refineries in Africa, may have contributed to the decline of Grangemouth refinery.
The refinery will be converted into a fuel import terminal, ensuring Scotland’s energy needs are still met. However, the closure raises concerns about the country’s energy security and the impact on local communities.
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