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AICL celebrates 30 years of unprecedented success

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The Abuja Investments Company Limited (AICL) marked a significant milestone last Thursday as it celebrated 30 years of its establishment.

 

Also the company, an investment arm of FCTA, celebrated its first ever female Group Managing Director, Ambassador Maureen Tamuno.

 

At an event, held at the Company’s headquarters in Abuja, the occasion also commemorated one year in office of Amb. Tamuno’s stewardship.

 

Staff of the company, who spoke at the event, noted that it was a trailblazing achievement that highlights the company’s commitment to promoting diversity and inclusion in leadership roles.

 

According to them, her appointment not only showcases her exceptional leadership skills and expertise but also paves the way for future generations of women to take on prominent roles in the company’s leadership.

 

The celebration, they explained, underscores the company’s dedication to recognizing and empowering talented individuals, regardless of gender, and its efforts to create a more inclusive and equitable work environment.

 

Tagged ‘A legacy of smart investments,’ the gathering brought together stakeholders, investors, and industry leaders to celebrate the AICL’s achievements and milestones, while also highlighting the company’s commitment to making smart, impactful investments that drive growth and development in the region.

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In his remarks, the Chief Investment Officer of AICL, Abiodun Akanbi expressed gratitude to Ambassador Tamuno for her exceptional leadership and vision, which have been instrumental in shaping the company’s investment strategies and driving its growth and success.

 

He also commended the company’s team for their hard work and dedication to delivering smart investments that benefit the community and stakeholders.

 

He highlighted her achievements in the last one year in office to include spearheading the successful implementation of the AICL Group structure after 12 years of pending approval without implementation.

 

According to him, this integration improved operational efficiencies and fostered stronger collaboration across all business units.

 

Others are payment of dividends by AICL subsidiaries, reflecting the financial health of the group and reinforcing its long-term sustainability; enhanced staff welfare with increase in staff salaries after 10 years of stagnation; first CEO to visit the designated Abuja Film Village land in Kusaki-yanga district Kuje; commissioning of Utako Farmer’s Market, Kugbo International Market, Guzape Mall; redevelopment of Wuse Market; paying revenue to stakeholders for the first time in three decades; discontinuance of lawsuits with no new lawsuits recorded in six months among others.

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His words: “Under the visionary leadership of Ambassador Maureen Tamuno, Abuja Investments Company Limited (AICL) has made significant strides across various sectors, from operational efficiency and technological innovation to community development and financial growth. These short -term achievements demonstrate AICL’s commitment to becoming a leading force in infrastructure, technology, and agriculture”.

 

On his part, President of Staff Union, Isah Bawa applauded the GMD’s leadership skills, vision, and dedication to the company’s growth and development.

 

While lauding her efforts in promoting a positive work environment and fostering a sense of unity among staff members, he expressed optimism that her leadership would continue to yield positive outcomes for the company and its stakeholders.

 

Bawa, who doubles as the company’s Head of Marketing, commended the Managing Director for her innovative marketing strategies and effective leadership, which have contributed significantly to the firm’s increased visibility and reputation in the industry.

 

Responding, Ambassador Tamuno expressed her gratitude to the company’s management, staff, and stakeholders for the warm reception and celebration, saying it was a testament to the team’s hard work and dedication.

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She also acknowledged the support of her principal and FCT Minister, Nyesom Wike.

 

She pledged to continue working tirelessly to drive the company’s growth and success, while also promoting a culture of excellence and innovation.

 

“It’s been 30 years of progress, 30 years of transformation, 30 years of wealth creation, 30 years of infrastructural development, 30 years of diversification, 30 years of building a very unique brand, a brand that will be sustainable, a brand that will stand the test of time for the future generation, a brand that is ready and open for public private partnership, a brand that is dedicated to ensuring that your wealth is sustained, that your wealth is secured, and of course, your wealth is the one that will grow,” she said.

 

The event’s highlight was the presentation of awards to outstanding staff members who demonstrated exceptional performance, as well as the recognition of employees who have served the company for an extended period with long-service awards.

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UK unveils programme for Tinubu’s state visit

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The United Kingdom government has unveiled the programme for the state visit of President Bola Tinubu, scheduled to take place from March 17 to 19. 

According to the itinerary, the visit will be hosted at Windsor Castle and will include bilateral meetings, ceremonial events and engagements with members of the Nigerian diaspora.

Preparations for the visit are scheduled for March 17, with security sweeps, road closures and procession rehearsals taking place ahead of the president’s arrival.

Tinubu will officially arrive the UK on March 18 and will be received by Prince William and Catherine, Princess of Wales.

A ceremonial welcome will follow on Datchet road, including the playing of national anthems and a guard inspection.

The president will then proceed in a carriage procession to Windsor Castle, where he will be received by King Charles III and Queen Camilla.

The schedule also includes a formal reception, a 21-gun salute and a state luncheon at St George’s Hall.

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Later in the day, Tinubu is expected to hold bilateral meetings with UK officials focusing on trade, security, migration and port development.

The day will conclude with a cultural exchange event showcasing Nigerian artefacts, followed by a state banquet hosted at Windsor Castle.

On March 19, the Nigerian president will hold a private breakfast with the king and queen before departing for London.

While in London, Tinubu is expected to lay a wreath at the The Cenotaph in Westminster.

He will also meet with Keir Starmer, UK prime minister, at 10 Downing Street, for bilateral discussions and a woking lunch.

Other engagements include a meeting with members of the Nigerian diaspora and the signing of bilateral agreements at Buckingham Palace.

The visit will conclude with Tinubu’s departure from RAF Northolt for Nigeria.

The trip marks Nigeria’s first full state visit to the UK in 57 years.

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Four dead, many injured as truck runs into fully-loaded commercial bus in Lagos

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Four passengers have died while many others are seriously injured following a road accident involving a truck and a commercial mini bus along the Lekki–Epe expressway.

The Lagos State Traffic Management Authority (LASTMA) said the accident occurred “over the weekend” opposite Beechwood in Shapati, inward Ajah.

In a statement issued by Adebayo Taofiq, spokesperson of the agency, the traffic agency said the crash involved a HOWO truck with registration number KNN 313 YL and a Suzuki commercial mini bus popularly known as ‘korope’.

According to the agency, preliminary findings indicated that the driver of the truck lost control of the vehicle which then veered across the road, crashing into the oncoming commercial bus conveying passengers.

LASTMA said the impact of the collision killed four male passengers instantly, while four other occupants — two males and two females — sustained severe injuries after getting trapped in the wreckage.

The agency said its personnel arrived at the scene promptly and rescued the injured victims from the mangled vehicle with the support of other emergency responders and passersby.

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The injured passengers were taken to Hamon Royal Hospital for medical treatment, while the bodies of the deceased were deposited at the Shency Hospital morgue by an ambulance belonging to the Federal Road Safety Corps.

Officers of the Nigeria police force attached to the Elemoro police division also secured the accident scene and managed traffic during the rescue operation.

LASTMA added that the driver of the truck and his motorboy fled the scene after the crash.

Olalekan Bakare-Oki, general manager of LASTMA, expressed condolences to the families of the victims and wished the injured speedy recovery.

He also urged motorists, particularly drivers of articulated vehicles, to adhere to traffic safety regulations and exercise caution to prevent road accidents.

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ADC faction fixes April 3 for national convention

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A faction of the African Democratic Congress (ADC) has announced April 3 to 5 as the date for the election of new members of the national working committee (NWC).

In a statement issued on Sunday, the ADC faction said party executives at the ward, LGA, state, and national congresses will be elected through consensus.

In a timetable outlining activities leading up to the national convention, the party said ward congresses will take place on March 19, followed by LGA congresses on March 24, and state congresses on March 28.

The group said the decision was taken to promote unity, inclusivity, and internal cohesion.

“This decision is taken in accordance with the party’s constitution and the Electoral Act 2026 (as amended), in furtherance of its commitment to promoting unity, cohesion, and inclusiveness within the party,” the statement reads.

“The BOT/NWC believes that the consensus approach will foster greater cooperation, understanding, and collective leadership, ultimately strengthening the party’s ability to achieve its goals and objectives.”

The ADC faction also announced the commencement of a membership registration exercise for new members, which will run from March 14 to 25.

The party said new members are expected to register at their respective ward offices and obtain membership cards through the party’s continuous membership registration committee (CMRC).

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“This exercise is strictly for new members; existing members are not required to renew their membership at this time,” the party said.

The group said issues arising from the various congresses would be addressed accordingly, with petitions from the national convention expected to be resolved between April 6 and 10.

The party faction distanced itself from the ongoing electronic membership mobilisation, registration, and revalidation exercise being conducted by the ADC coalition led by David Mark

The group said the exercise does not follow the procedures outlined in the party’s constitution, adding that the official online membership registration portal would be released later through the party’s authorised channels.

The statement was jointly signed by Nafi’u Bala, the factional national chairman, and Rufus Ikanmi, secretary of the board of trustees (BOT).

The ADC coalition, led by Mark, had earlier  scheduled April 14 for the election of the party’s national officers. 

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