Headline

Russia-Ukraine Crisis Wakeup Call For Africa On Food Sufficiency – Osinbajo

Published

2 years ago

March 28, 2023

…Says digitalisation remains Africa’s best opportunity to leap-frog

Vice President Yemi Osinbajo, on Monday in London, UK, said the lingering crisis between Russia and Ukraine should be a wake-up call for African states to prioritise self-sufficiency in food production.

He also said digitisation remains Africa’s best opportunity to make considerable progress in the global scheme of things.

“The economic fallout of the war for us in Africa should be an introspective moment on the issue of self sufficiency in food production,” Osinbajo told a large audience comprising academics, scholars, researchers, faculty and students of the Africa Leadership Centre, King’s College London.

Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, disclosed this in a statement he signed on Tuesday titled ‘How Africa can prosper in an increasingly complex world, by Osinbajo.’

Speaking specifically on the ongoing Russian-Ukrainian conflict, Prof. Osinbajo said apart from its consequences for international peace and security, the war has signalled a breakdown of the global order which emerged at the end of the Second World War and is a source of concern to many African countries who now have to steer their way delicately between major powers.

However, the more immediate and consequential fallout of the war is the sharp hikes in the prices of food, especially wheat, sunflower oil, fuel and fertilizer.

He noted many African countries are heavily dependent on one or both of the warring parties for food and oil.

When the conflict began in February 2022, the price of wheat increased by 67 per cent from December 2021. Oil prices similarly went through the roof. The international price of oil averaged $100 per barrel in 2022 as compared to about $70 per barrel in 2021, the VP explained.

He said higher oil prices translated to higher prices for manufactured products as well since some of the key manufacturing countries are oil importers.

“These price shocks and disruption of supply chains of various commodities across Africa led to high inflation at a time when most countries were struggling to overcome the economic and social fallouts of the COVID-19 pandemic especially debt and foreign currency crises.

“The situation was relieved somewhat by the deal that was brokered to enable the export of Ukrainian wheat,” he said.

The VP stated that despite Nigeria’s firm objection to the invasion of Ukraine as the African giant has managed to maintain good relationships with both sides.

“We are now in the process of working out a grain supply from Russia coordinated by the World Food Programme, and we recently accepted to provide port space in Port Harcourt, Nigeria for the distribution of grain from Ukraine to other west African countries,” he noted.

The Vice President observed that the Russia-Ukraine war had made some African countries like Zimbabwe look inward, saying that “the economic fall out of the war for us in Africa should be an introspective moment on the issue of self-sufficiency in food production.”

Thereafter, he commended the recent peace proposal by the President of Brazil saying “President Luiz Lula Da Silva of Brazil proposed a peace club probably led by China to seek ways of ending the crisis.

“I think that sort of thinking is the way to go. The world must find parties that can be trusted by both sides to intervene.”

Meanwhile, Osinbajo said Africa can change the course of its fortune for good by leveraging digitalisation.

According to him: “I think there is a strong conviction that digitalisation offers the best opportunity of leap-frogging for Africa. Digital technologies are being deployed across Africa to provide solutions in agriculture, education, Fintech and healthcare delivery.

“It is also being deployed in logistics and transport and has the potential to be used for smart housing solutions and smart power grids.

“The story of mobile telephony which has provided the platform for using digital technologies in daily lives in Africa is one such example. Due to mobile telephony, Africa is ahead of other parts of the world regarding Fintech and payments solutions.”

He observed that Africa accounts for about half of the world’s mobile money accounts.

“Similarly, more and more African countries are using AI-enabled surveillance technologies for facial recognition to monitor and respond to crime.

“Perhaps even better known is using drones to deliver medicines in Rwanda.

“Such is the impact that just since 2016, despite two recessions and even a global pandemic, six technology start-ups in Nigeria achieved the status of unicorns,” said Osinbajo.

In the audience were the College’s Senior Vice President (Academics), Professor Rachel Mills, Vice President (International Engagement & Service), Professor Funmi Olonisakin, who moderated a Question and Answer session after the lecture, and q Professor of African Studies based in the College, Professor Abiodun Alao.

Also accompanying the VP to the public lecture were senior government officials led by Nigeria’s High Commissioner to the United Kingdom, Ambassador Sarafa Tunji Isola.
PUNCH

Headline

US Reality Star, Rolling Ray, Dies At 28

Published

3 hours ago

September 5, 2025

Editor

Reality TV star, Raymond Harper, popularly known as Rolling Ray, has died at the age of 28.

His mother confirmed the news to TMZ, while his home network, Zeus, also announced his passing.

In a tribute on Instagram, Zeus Network described him as “gone way too soon,” praising his impact on their productions, including Bobby I Love You, Purr and The Conversation.

“Gone way too soon. #RestInPeace to the BIG hearted, most Raw, & Real FRIEND & #Zeus Star #RaymondHarper aka @iamrollingray. Your Laughter, Light, & Loving Spirit will Live on FOREVER,” the network wrote.

Rolling Ray first gained attention in 2018 after appearing on MTV’s Catfish: Trolls before going viral in 2019 with his appearance on Divorce Court. He built a strong social media presence, amassing over 449,000 Instagram followers and a growing TikTok audience.

He is also widely credited with popularising the catchphrase “purr,” now used globally as a slang expression of excitement and approval.

Born with spinal muscular atrophy (SMA) type 3, a genetic condition that weakens muscles over time, doctors once predicted he would not live past 14. However, Ray defied expectations and went on to live a full life.

Reflecting on his journey in a 2023 interview, he said:

“At first, they said I was going to die at 14 years old. The doctor was wrong. Science changed, and doctors are not always right. God is good.”

Headline

6 CEOs Fired Over Secret Affairs

Published

5 hours ago

September 5, 2025

Editor

Chief Executive Officers (CEOs) are expected to be professional, have boundaries and uphold ethical leadership. This is because, in most cases, one must have climbed up many ladders to become a CEO.

And if not careful, those years of experience can fade away in a single stand.

This is because some companies have policies that forbid workers from having a romantic affair with each other.

And if found culpable. The punishments are not novel. Some CEOs have been fired over secret affairs that failed to align with their companies’ principles hence.

Here are the CEOs fired over secret affairs:

1. Laurent Freixe
Laurent Freixe was the former CEO of Nestle. He was fired on 2 September 2025 after an investigation revealed that he was having an affair with his subordinate.

This action by Freixe violates the code of business conduct of the company. His case was investigated and chaired by Paul Bulcke and Pablo Isla alongside other independent counsel.

In Freire’s place, Nestle appointed Philipp Navratil as the new chief executive officer.

2. Alan Shaw
Alan Shaw is an American business executive. He was the president and chief executive officer (CEO) of Norfolk Southern Corporation, a provider of rail transport services.

His tenure which lasted two years, ended on 11 September 2024, after he was found guilty of having an affair with Nabanita Nag, the company’s executive vice president corporate affairs, chief legal officer and corporate secretary, effective.

Shaw, whose tenure was described as “turbulent”, was replaced by Mark George, the former CFO of the company.

3. Ashley Buchanan
Ashley Buchanan was dismissed in May 2025 as the head of Kohl (a retail company) months after his appointment.

After a thorough investigation, the company discovered that Buchanan was in a romantic relationship with a woman called Chandra Holt, the founder of Incredibrew, a coffee business.

Ashley made her do business with Kohl; unknown to the management they were lovers until it was unraveled.

4. Steve Easterbrook
Steve Easterbrook was the former CEO fired from an American fast food company, McDonalds.

He was appointed in March 2015 but his appointment was terminated on 1 November 2019 by the board of directors after Steve was found guilty of having a romantic affair with an employee — a violation of the company’s policies.

5. Nadine Ahn
Nadine Ahn is an experienced and expert in banking, capital markets, corporate development and strategy.

She was the chief financial officer of Royal Bank of Canada. Unfortunately, Ahn was dismissed for having a romantic relationship with one of her subordinates. She was caught hugging and kissing Ken Mason as they exited the elevator of the Royal York Hotel, Canada.

6. Andy Byron
Andy Byron, a seasoned software executive, was the chief executive officer (CEO) of Astronomer, a private company focused on building reliable data products and power data-driven applications.

Bryony became famous after being caught on camera caressing (which actually went viral on social media) Kristin Cabot, the company’s HR officer during a concert.

Bryony was compelled to resign or better put: fired.
(TRIBUNE)

Headline

Daniel Levy Makes Shock Decision To Quit As Spurs Chairman

Published

22 hours ago

September 4, 2025

Editor

Daniel Levy stepped down as Tottenham executive chairman in a shock move on Thursday after a controversial reign lasting nearly 25 years.

Levy was the driving force behind Tottenham’s £1.2 billion ($1.6 billion) stadium and state of the art training centre.

But the 63-year-old was a polarising figure among Tottenham fans, with numerous protests against him during difficult spell for the Premier League team.

Levy, who was the longest-serving chairman in the Premier League, had come under fire more than ever over the last few seasons.

A series of failed managerial appointments and the club’s transfer policy infuriated supporters and turned up the heat on Levy, who was accused of caring more about the club’s financial profits than success on the pitch.

Tottenham endured their worst top-flight finish since 1976-77 last season, coming 17th before salvaging the campaign by winning the Europa League to qualify for the Champions League.

That success — which ended Tottenham’s 17-year trophy drought — was not enough to spare boss Ange Postecoglou from Levy’s wrath as the Australian was sacked after two turbulent seasons in charge.

Levy hired Thomas Frank from Brentford to replace Postecoglou in the last significant decision of his reign.

“I am incredibly proud of the work I have done together with the executive team and all our employees. We have built this club into a global heavyweight competing at the highest level,” Levy said in a statement.

“More than that, we have built a community. I was lucky enough to work with some of the greatest people in this sport, from the team at Lilywhite House and Hotspur Way to all the players and managers over the years.

“I wish to thank all the fans that have supported me over the years. It hasn’t always been an easy journey but significant progress has been made. I will continue to support this club passionately.”

Vinai Venkatesham was hired as Tottenham’s chief executive officer in April, while Peter Charrington joined the board in March and will step into the newly created role of Non-Executive Chairman.

– ‘A new era of leadership’ –

“I am very honoured to become Non-Executive Chairman of this extraordinary Club and, on behalf of the Board, I would like to thank Daniel and his family for their commitment and loyalty to the Club over so many years,” Charrington said.

“This is a new era of leadership for the club, on and off the pitch. I do recognise there has been a lot of change in recent months as we put in place new foundations for the future.

“We are now fully focused on stability and empowering our talented people across the Club, led by Vinai and his executive team.”

Since Levy took the reins in 2001, Tottenham had won just two trophies, with the 2008 League Cup followed by the long wait that ended with last season’s Europa League final victory over Manchester United.

Levy became renowned for his ruthless sacking of managers as the likes of Jose Mourinho, Antonio Conte, Mauricio Pochettino and Nuno Espirito Santo were dismissed.

Tottenham’s best period under Levy came during Pochettino’s spell.

The Argentine led Tottenham to three successive top three finishes in the Premier League and reached the 2019 Champions League final.

Even Pochettino couldn’t escape Levy’s axe, but the spotlight eventually turned on the chairman.

Tottenham fans were furious as their side spluttering badly last season and a difficult summer transfer window, which saw the club miss out on Morgan Gibbs-White and Eberechi Eze only increased the pressure on Levy.

One banner displayed last season at Levy’s pride and joy — the gleaming 62,000-capacity stadium that opened in 2019 — summed up the divisive nature of his reign.

“24 years, 16 managers, 1 trophy – time for change” it said.

While Tottenham eventually added a trophy to that meagre haul in the Levy era, the disillusioned supporters have finally got their wish.

There will be no changes to the ownership or shareholder structure of the club following Levy’s departure.