By Izuchukwu Ozoemena

SIFAX GROUP has elevated Bode Ojeniyi to the position of  Group Managing Director of Sky Capital Group, the financial services subsidiary of the SIFAX Group.

Similarly, Oliver Omajuwa is now the Deputy Director, Strategy & Operations.

According to a release by Muyiwa Akande, SIFAX Group’s Head of Corporate Communications, prior to the appointments, Ojeniyi served as the Group Executive Director, SIFAX Group, while Omajuwa was the General Manager, SIFAX Off Dock.

As an astute financial expert with about three decades of professional experience in the financial services industry, the release stated, Bode Ojeniyi is expected to deploy his wealth of experience to direct and reposition the Sky Capital Group to become one of the leading financial institutions in Nigeria and beyond.

Ojeniyi holds a Bachelor of Science Degree and a Master’s of Science Degree in Agricultural Economics from the University of Ibadan. He also holds a Master’s in Business Administration (Strategic Management) from the Ogun State University. He is a Fellow of the Institute of Strategic Management of Nigeria and the Institute of Credit Administration of Nigeria; a member of the Chartered Insurance Institute of Nigeria (CIIN) and the Chartered Insurance Institute (CII), United Kingdom.

He is also an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria (CIBN). He has had previous working experience with Ecobank Nigeria, Access Bank and WAPIC Insurance.

Omajuwa is a graduate of Business Administration from the Ambrose Alli University, Ekpoma, Edo State and also holds an MBA (Marketing) from the Ladoke Akintola University of Technology (LAUTECH), Ogbomosho, Oyo State.

Omajuwa who joined SIFAX Group in 2006 as a Marketing/Corporate Affairs Officer, rose through the ranks to occupy key positions including Head, Marketing & Corporate Affairs and  General Manager, SIFAX Off Dock.

Prior to joining SIFAX Group, he worked with Classic Beverages – producers of La Casera range of beverages as pioneer Sales Analyst; Air Separation Nigeria Limited, manufacturers of medical and industrial oxygen gas, as Chief Marketing Officer and Duraclean Gases as Admin/Marketing Manager. He is a fellow of the National Institute of Marketing of Nigeria (NIMN), a member of the Nigeria Institute of Public Relations (NIPR), Fellow of International Logistics & Administration (ILA) and member, Nigeria Institute of Shipping (NIS).

As stated by Dr. Taiwo Afolabi, Chairman, SIFAX Group, the appointments reflect the commitment of the Group to the company’s vision of driving business growth and delivering excellent services to the satisfaction of its clientele through the deployment of best talents.

By Izuchukwu Ozoemena

It was celebrations galore in Lagos, Thursday, as leading mobility technology company, Trucks Transit Parks (TTP) Ltd marked her second anniversary.

As stated by Nancy Nnamdi, the firm’s Corporate Communications Manager, within two years of existence, TTP Ltd has made a profound impact on the ports logistics and transportation industry, delivering innovative solutions that streamline the cargo movement process, reducing congestion and improving the overall efficiency of port operations.

The efficient movement of trucks being presently witnessed in and out of Lagos ports, she stated, is a fallout of key logistics processes introduced by TTP in the last two years.

For instance, TTP’s flagship product, Eto, has successfully reduced traffic around the port corridors, resulting in a significant improvement in the average turnaround time for port-bound trucks from an average of 2 weeks to just 3 days.

The company’s technology has also contributed significantly to a massive reduction in the cost of moving cargo out of the ports by 65%, providing significant cost savings to businesses and improving the competitiveness of the Nigerian economy. TTP has also in this period, digitally managed the movement of over 1,165,000 port and non-port-bound trucks.

Speaking on the second anniversary of operations, Jama Onwubuariri, Managing Director & Co-founder of TTP stated that it is an opportunity to celebrate a milestone, and to unveil the positive impact the company’s home-grown technology has had on the ports logistics sub-sector.

He said: “Our commitment to delivering innovative solutions has allowed us to revolutionize the way that cargo is transported in and out of Lagos ports. We are confident that our continued growth and success will bring even greater benefits to the industry in the years to come.”

TTP has established itself as a leader in the mobility technology sector and has received widespread recognition for its innovative solutions and impactful results.

While looking ahead to the future, TTP remains committed and focused on delivering cutting-edge technology and excellent services delivery as well as improving the efficiency and competitiveness of the Nigerian economy especially from the ports logistics sector.

By Izuchukwu Ozoemena

Functional railway services between Nigeria and Niger Republic, the Federal Government says, will promote trade and other socio-economic activities between the two African nations and even beyond.

The rail line which will link Kano State in Nigeria and Maradi in Niger Republic will facilitate the realization of the objectives of the African Continental Free Trade  Agreement (AfCFTA) to which Nigeria and Niger Republic are signatories.

Minister of Transportation, Mu’azu Jaji Sambo stated this in Abuja at the signing of a Memorandum of Understanding (MoU) on the rail project between the two African nations.

The Minister signed for Nigeria while his Nigerien counterpart, Alma Oumarou, initialled for his country.

The Minister said: ” I am aware that people have blood relationships across borders.  So,  the project will expand the historical and cultural relationship between the people of Nigeria and those of the Niger Republic.”

He added that the project is also very important in enhancing inter-national and continental trade.

On the implementation of the project, according to a  release by Henshaw Ogubike, the Ministry’s Director of Press and Public Relations, the Minister said a Technical Committee would be set up within seven days in accordance with Article 3 of the MoU. The  nomination of members and inauguration of the Technical Committee, he added, would be concluded by the first week of February 2023.

After inauguration, the Technical Committee will take charge of the facilitation and implementation of the project.

In his remarks, the Minister of Transportation of the Republic of Niger, Alma Oumarou said the rail project will promote inter-national as well as continental trade, strengthen cultural ties between the two countries, create jobs and other mutually-beneficial dividends.

In her welcome address, the Permanent Secretary, Federal Ministry of Transportation, Dr. Magdalene Ajani, said work has been ongoing on the  Kano-Maradi rail line for the past two years. She added that the signing of the MoU would expedite the completion of the project.