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Okonjo-Iweala, Mo-Abudu in as Forbes unveils 2024 world’s most powerful women [Full List]

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Director-General of the World Trade Organization, Ngozi Okonjo-Iweala, and media mogul Mo Abudu have once again been recognized in Forbes’ annual 100 Most Powerful Women in the World list, solidifying their status as global powerhouses.

Okonjo-Iweala ranks 89th on the prestigious list, marking her eighth appearance. She was previously featured in 2011, 2012, 2013, 2014, 2015, 2022, and 2023.

Abudu, who ranked 97th, celebrated her fourth consecutive year on the list.

The founder of EbonyLife Media expressed her gratitude and pride, saying, “I am deeply humbled to feature once again on the Forbes World’s 100 Most Powerful Women list. It is an incredible honor to represent the media and entertainment sector, to stand as a proud Black woman, and to fly the flag for Nigeria and Africa on this prestigious global platform.

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She extended congratulations to her fellow honorees, particularly Okonjo-Iweala, stating, “A huge congratulations to all the phenomenal women on this list! A special shoutout to my dearest sister, Ngozi Okonjo-Iweala, whose unwavering brilliance and leadership inspire us all year after year.”

Abudu highlighted the significance of global recognition for women of color and those from developing nations. “Representation matters. When we see women of color, women from developing nations, and women breaking barriers in all industries recognized on a global stage, it reminds us of what’s possible. It’s a call to action for us to continue breaking ceilings, forging paths, and lifting others along the way,” she noted.

She also expressed appreciation to Forbes, saying, “Thank you, Forbes, for celebrating the power, resilience, and impact of women worldwide. Here’s to more women rising and rewriting the narrative.”

Abudu first appeared on the list in 2021 at 99th place. She climbed to 91st in 2022 and was ranked 98th in 2023 before making this year’s list at 97th.

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Other Africans on the 2024 list include Judith Suminwa Tuluka from the Democratic Republic of Congo, Mpumi Madisa from South Africa, and Tanzania’s President Samia Suluhu Hassan.

The Forbes World’s 100 Most Powerful Women list celebrates trailblazing individuals making transformative impacts across business, politics, entertainment, and technology.

Below is the top 10 women who topped the list of the 2024 most powerful women in the world.

Ursula von der Leyen, president of the European Commission
Christine Lagarde, president of the European Central Bank
Giorgia Meloni, prime minister of Italy
Claudia Sheinbaum, president of Mexico
Mary Barra, CEO of General Motors
Abigail Johnson, CEO of Fidelity Investments
Julie Sweet, chairwoman and CEO of Accenture
Melina French Gates, philanthropist
Mackenzie Scott, philanthropist
Jane Fraser, CEO of Citigroup

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See list of 11-100 here.

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Kalu Leads House Delegation to Ogun for Condolence Visit

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…eulogizes late Onanuga, ex-speaker Bankole’s mother

By Gloria Ikibah

Deputy Speaker of the House of Representatives, Rep. Benjamin Okezie Kalu, CON, has described the late Deputy Chief Whip, Rt. Hon. Adewunmi Oriyomi Onanuga, as an irreplaceable parliamentarian known for her vocal nature and friendly disposition.

Leading a delegation on behalf of the Speaker, Rep. Tajudeen Abbas, Kalu visited Sagamu, Ogun State, on a condolence mission to the late Onanuga’s family.

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Addressing the bereaved, he praised her dedication and influence, noting her unique presence in plenary sessions and unwavering support for her colleagues.

Kalu consoled her mother, Chief Mrs. Comfort Folashade Etutu, and her children, urging them to trust in God for comfort and strength. He assured the family of the House’s continued support and prayed against further untimely deaths in the household.

Earlier, Kalu led the delegation to Abeokuta for the fidau prayers of the late Mrs. Monsurat Atinuke Bankole, mother of former House Speaker Rt. Hon. Dimeji Bankole.

He lauded her sacrifices, which contributed to the success of her children, including the former Speaker’s contributions to the National Assembly.

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N800bn Inadequate for Nigeria’s Road Projects, Minister Umahi Tell Lawmakers

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By Gloria Ikibah

The Minister of Works, Dave Umahi, has described the N800 billion allocated to his ministry in the proposed 2025 budget as grossly insufficient to address Nigeria’s growing road infrastructure needs.

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Umahi stated this during the 2025 budget defence session held on Friday by the House Committee on Works, chaired by Rep. Akin Alabi.

Speaking candidly, Umahi called for an upward review of the ministry’s budgetary allocation, stressing that the current figure would barely make a dent in the nation’s road development agenda.

“We plead with you to help us. N800 billion cannot do anything for us. It cannot address our road needs, and so we plead with you to help us,” the Minister told the lawmakers.

Umahi who emphasised the importance of adequate funding to complete ongoing projects and initiate critical new ones across the country, also stressed that borrowing was a necessary step to bridge the infrastructure gap and stimulate economic growth.

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The Minister underscored the potential economic impact of infrastructure development, stating that it would create jobs and boost local economies.

“When the nation is in recession, you have to borrow money and invest in infrastructure. That is how you emerge from a recession. Infrastructure is a catalyst for economic activities, and this hunger we talk about will become a thing of the past,” he explained.

“Food sellers, sand suppliers, gravel workers, and others will benefit. Support Mr. President, and let’s borrow money to build infrastructure so Nigeria can be great again,” he added.

In response, Chairman of the Committee, assured Umahi that the committee would summon the Minister of Finance and the Head of the Budget Office to clarify the rationale behind the ministry’s limited allocation.

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The session also provided an opportunity for the Minister to address lawmakers’ concerns about the state of roads nationwide, with assurances that the government remains committed to completing ongoing projects.

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NASS Joint Committee Suspends Fire Service Budget Over Irregularities

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By Gloria Ikibah

The National Assembly Joint Committee on Interior has suspended the budget defence of the Federal Fire Service (FFS) following significant discrepancies in the agency’s 2024 budget performance and 2025 proposal.

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At a hearing chaired by Senator Adams Oshiomhole and his counterpart from the House, Chaired by Abdullahi Aliyu Ahmed, lawmakers flagged irregularities, including contradictory figures and inadequate documentation.

The committee uncovered discrepancies in the procurement of firefighting trucks, with similar units priced at N1.5 billion in one instance and N2.5 billion in another, despite being from the same supplier and of identical specifications.

The FFS Controller General, Jaji Abdulganiyu Idris, attributed the difference to variations in tanker sizes but failed to provide adequate supporting documentation.

Senator Oshiomhole criticized the inconsistencies, stating, “This reeks of over-padding or over-invoicing. Your written submission does not align with your explanation, and we cannot overlook this.”

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Lawmakers also raised concerns about unclear contract commitments and an outstanding payment of N603 billion for ongoing projects, which lacked proper specifications.

Oshiomhole emphasized fiscal responsibility, saying, “Every N10 wasted by MDAs adds up. Our duty is to ensure that every naira benefits Nigerians, especially the poor.”

The committee further queried the FFS over unverified revenue remittances. Idris presented manual receipts as evidence, but the lawmakers rejected them, demanding proper bank statements and confirmation from the Accountant-General’s office.

As a result, the committee stepped down the FFS budget defence, instructing the agency to rectify its submission. Oshiomhole warned, “Submit a revised presentation with accurate figures, or risk zero allocation in 2025.”

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The decision underscores the lawmakers’ commitment to accountability and efficient use of public funds, urging the FFS to address the issues promptly to secure its funding.

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