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Top Nigerian bank executive, wife, son confirmed dead in US helicopter crash

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The Chief Operating Officer of pan-African financial group, Access Corporation, owners of Access Bank Plc, Herbert Wigwe, has been confirmed dead alongside his wife, son and the former Group Chairman of the Nigeria Stock Exchange and the Chairman of Nigerian Exchange Group (NGX),
Abimbola Ogunbanjo, in a helicopter crash in the United States.

According to Michael Graham, an executive of the US National Transportation Safety Board, the chartered Airbus EC130 helicopter was flying from Palm Springs, California to Boulder City, Nevada, when it crashed in the Mojave Desert near the California-Nevada border late Friday night.

The aircraft, which was operated by California-based charter company, Orbic Air, took off around 8:45 p.m. PT and crashed just after 10 p.m. near Interstate 15 in Halloran Springs, California, Graham said.

He added that the helicopter caught fire upon impact, citing witness reports. Witnesses also reported rain and a wintry mix when the crash happened, he said.

The NTSB is investigating the cause of the crash and was on the scene in Halloran Springs, California, Saturday night collecting evidence, Graham said at a news conference.

The New United States Federal Aviation Administration (FAA) also confirmed the crash in a statement late Saturday.

In the statement, the FAA confirmed that all onboard are dead as search revealed that no survivors had been found as of Saturday.

“We were made aware of a downed aircraft at approximately 10:12 p.m., on February 10, 2024. The scene of the crash was determined to be east of the 15-Freeway, near Halloran Springs Road,” the San Bernardino County Sheriff’s Department also said in a statement.

Here are 10 things to know about the late Herbert Wigwe:

1. Herbert Onyewumbu Wigwe who died at the age of 58 in a helicopter crash in the United States, was born on August 22, 1966. He hailed from Ikwerre Local Government Area of Rivers State.

2. He had a degree in Accountancy from the University of Nigeria, Nsukka, Enugu.

3. He also had a Masters degree in Banking and Finance from the University College of North Wales, and an MSc in Financial Economics from the University of London.

4. Wigwe started his career at Coopers & Lybrand, Lagos as a management consultant, later qualifying as a chartered accountant.

5 . After a stint at Capital Bank, he joined Guaranty Trust Bank (GTB), where he spent over a decade working in corporate and institutional banking, rising to become the executive director in charge of institutional banking.

6. While with GTB, Wigwe worked with Aigboje Aig-Imoukhuede to buy Access Bank, which used to hold the 65th position amongst the list of 89 banks in the country.

7. Wigwe also served as the Chairman of Access Bank Ghana Limited, Access Investment & Securities Limited, Central Securities and Clearing System (CSCS) and the current Chairman of Access Bank (UK) Limited until his demise.

8. He later succeeded Aig-Imoukhuede as the MD of Access Bank and worked on a vision of transforming the bank into a global bank, a feat he achieved in his lifetime. He not only took the bank beyond the African continent, he expanded it to become a financial conglomerate.

9. In October 2022, a Nigerian national honour of Commander of the Order of the Niger (CON) was conferred on him by President Muhammadu Buhari.

10. Herbert Wigwe founded the wave-making Wigwe University located at Isiokpo, Rivers State. The university is expected to kick off in September 2024. In a recent interview, Wigwe had said the University valued at over $500 million will offer undergraduate courses in management, science and engineering, information technology, and creative arts.

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Zambia: President Hichilema urges traditional leaders to invoke rainmaking powers amid drought

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Zambian President, Hakainde Hichilema, has called on traditional leaders to call upon their rainmaking powers by praying for rain as the nation continues to face the menace of drought.

Hichilema, who made the plea while speaking during the Shikaumpa traditional ceremony of the Ila people in Namwala on Sunday, expressed hope for divine intervention and sufficient rains.

“We pray that this year, God will give us rains, sufficient rains, so we can grow more food, so we can take care of the things, the assets that we keep,” the President stated.

He noted that he was informed of certain chiefs known for their rainmaking abilities, including Senior Chief Mwamba of Northern Province, Chief Sailunga of North-Western Province and Mwami Monze from the Southern Province and urged them to use their powers to invoke rain, adding that the chiefs should continue their prayers for rain, believing that “God will hear our cry.”

The President also encouraged not only the chiefs but also the churches and the entire nation to join in prayers for rain.

“All of us, the churches, everybody, we must pray for rains so that we can take care of God’s people properly,” he said.

The head of state further urged farmers to intensify efforts at planting crops and maximizing their harvest for national food security once the rain comes.

The drought in Zambia in recent
seasons have left 84 districts severely impacted, leading to food shortages and a worsening electricity deficit due to low water levels.

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Tiinubu committed to easing hardship Nigerians are going through— Info Min, Idris

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Nigeria’s Minister of Information and National Orientation, Mohammed Idris, has, once again, reiterated President Bola Tinubu’s dedication and commitment to easing the economic hardship of Nigerians as a result of the removal of fuel subsidies and other policies of the government.

Idris, who gave the assurance during a live radio programme on the Hausa service of Federal Radio Corporation of Nigeria (FRCN) titled, “Hannu Da Yawa,” said fuel subsidies primarily benefited a select few wealthy Nigerians to the detriment of the ordinary Nigerian masses.

The minister, however, emphasized that the Tinubu-led administration was working towards economic stability, even as the president had urged ministers to cut expenses by limiting official vehicles and personnel on assignments.

“President Tinubu is pointing out the need to change from the old ways of doing things in Nigeria,” Idris said.

He noted that the cost-saving measures, though seemingly small, are expected to make a significant impact.

He also stated that the recent renaming of the Ministry of Agriculture and Rural Development to the Ministry of Agriculture and Food Security reflects Tinubu’s commitment to addressing agricultural issues from multiple angles, particularly to improve food security.

On security, Idris said Tinubu’s administration has continued to acquire resources for security agencies and support personnel welfare, while consultations on establishing state police are ongoing.

Idris also urged Nigerians to responsibly use social media to portray the country positively, emphasizing collective responsibility in shaping Nigeria’s image.

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