Asset Summit 2015

Asset Summit 2015

Despite the elections, well over a hundred top level professionals stepped away for two days from their usual work schedule to take part in the 4th Annual Asset Summit Africa 2015, which was held at the Eko Hotel & Suites, Victoria Island, Lagos on 23rd and 24th March, 2015.

Codub Consulting UK in conjunction with the UK Trade and Investment (UKTI) and her strategic partner, Alpha Mead Facilities & Management Services Ltd., concluded its two-day summit on the theme of “Transforming & Sustaining the Economy through Effective Asset Management & Maintenance Culture.”

The guiding principle of the event remained intact with a programme that included educative master classes for learning, open forum question and answer sessions as well as the traditional networking. Over 98% of the attendees indicated that they would attend the next edition!!!

The event started off with the National Anthem of the host country and it was officially declared open by Beverley Okoye, Deputy Director, UK Trade & Investment (UKTI), who represented the Deputy British High Commissioner to Nigeria. She stressed the importance of the timing of the summit while commenting that the UKTI will continue to support the various services provided by Codub and other UK companies.

As the Principal Consultant of the organising company (Codub Group), Chidi Umeano said: “Without efficient and well maintained infrastructure, the current economic growth in Africa CANNOT be sustained”

The Honourable Minister of Works, Arc. Mike Onolememen, who was represented by Engr. Ishaq Mohammed, Unit Manager, Road Sector Development Team (RSDT), delivered a key presentation on “The Benefits and Challenges of Implementing a Road Asset Management System (RAMS) in a Developing Nation”.

The Asset Summit Africa 2015 was deemed a huge success by all participants despite the election fever that the country was grappling with. The actual presence of representatives from various government ministries intertwined with senior executives from the private sector provided the opportunity needed for public and private partnership and was boosted by the paper presentation by Engr. Femi Akintunde, the CEO & Managing Director of Alpha Mead Facilities & Management Services. He spoke on “Achieving Sustainability in the Development and Management of Public Infrastructure through the PPP Concessioning Arrangement using the Lekki Toll Road Concession as a Case Study.

One of the speakers from UK, Jo Parker who is a Director at Watershed Associates, a UK Asset Management consulting company, highlighted the benefits of a proper Asset Management Strategy using the Water Industry as a case study.

This was followed by a break-out and panel session that included some of the speakers both local and international. The importance of maintaining the CODUB‘s philosophy of “You Talk�We Listen�We Share” was illustrated during the question and answers sessions in which Government officials while maintaining protocols, took part and provided good responses as well as advices.

After the panel session, the audience witnessed another world class and passionate presentation by the DG/CEO of National Office for Technology Acquisition and Promotion (NOTAP), Dr. (Engr.) Umar Bindir, who spoke on “Increasing Profitability in Infrastructure Industries through better Asset Management Technologies”.

Then the CEO of Customer Centricity Limited, one of the sponsors and a previous speaker at the Asset Summit series delivered a thought provoking presentation on “Organisation and Maintenance Culture – making the ‘unreasonable’ reasonable.” She spoke on the role of leaders and the relationship between leaders, followers and the organisation.

It was a pleasure to welcome Arc. (Mrs.) Eucharia Alozie, who represented the Honourable Minister for Lands, Housing & Urban Development, Mrs. Akon Eyakenyi. After apologising on behalf of the minister, she delivered the minister‘s speech titled: “Public Housing Asset Management – Developing a Sustainable Housing Delivery System”.

The biggest challenge of bringing this event to Nigeria was making sure that the foreign speakers had expertise in African issues as well as being aware of specific challenges in Nigeria. Mr. Obi Ozonzeadi, another UK consultant and one of the veteran speakers of the Asset Summit series added to this continuity by returning for his 3rd experience. Interestingly, one of his papers was on “Failing to Plan is Planning to Fail: Why Asset Management & Maintenance?” Likewise, Dr. Tunde Bammeke, Principal Consultant/Asset Manager, Opus International Consultants, UK brought with him stability with his second participation at the summit where his presentation on “Making Better Decisions through Asset Management Data” highlighted the importance of having a data framework in place to be able to realise the full benefits of Asset Management.

This was followed by a session on “For Want of a Nail? – Risk Assessment and Management” by Neil McAndrew, Quality Assurance and Technical Manager, Landmark Chartered Surveyors, UK.

An insightful presentation by Mr. Kayode Khalidson, the Urban Transport Coordinator for Nigeria Infrastructure Advisory Facility (A DFID, UK Programme) was next on the agenda.

The challenges and opportunities in the waste management sector in Africa were highlighted by one of the UK speakers, Dr Waleed Montasser, a Waste Management Consultant who spoke on “The Waste Management Industry and Job Creation ”.

The next presentation was by a new speaker to the Asset Summit series, Oga St. John, the Chief Executive Officer of Errands Plus Ltd., UK. She challenged business owners and managers to build an engaged and excited workforce.

The keynote presentation by Engr. A.I. Olorunfemi, President of the Nigerian Society of Engineers (NSE) was exciting to all the engineers, architects and builders in the audience. The presentation was delivered by Engr. Femi Akintunde, the CEO/MD of Alpha Mead Facilities.

In order to make sure that all the requirements were met, Mr. Shina Oliyide, GM, Technical Services, Alpha Mead Facilities & Management Services and Mr. Augustine Chinwe Madu, Zonal Coordinator, Chartered Institute of Purchasing & Supply Management and an Associate Consultant for CODUB completed the line-up with a Nigerian cultural view of Asset Management. Mr. Augustine Madu spoke on “Procurement and Inventory Management Strategy as a Tool for Sustaining Total Asset Concept” giving the summit a very broad perspective.

Mr. Shina Oliyide gave a case study of AMFacilities� Computerised Maintenance Management Improvement Journey. He spoke passionately on their experience and on why they successfully implemented Maintenance Connection CMMS system almost 2 years ago. As he pointed out: “It is important to note that a critical success factor in the implementation of an Enterprise Asset Management System such as Maintenance Connection (MC) is the experience, openness and drive of the implementation partners ( i.e. CODUB)”.