OBAMA’s appointing KASE LAWAL to trade committee continues upward march by oil and gas heavyweight….
By Chido Nwangwu
Special to USAfrica, USAfricaonline.com and CLASSmagazine, Houston
USAfricaNEWSwire, September 20, 2010: U.S President Barack Obama has appointed one of the leading executives across the United States and Africa continents, Dr. Kase L. Lawal, to his 30-member Advisory Committee for Trade Policy and Negotiation (ACTPN).
The White House statement which was received by USAfricaonline.com and CLASSmagazine (Houston) notes that the 30-person committee is made up of a distinguished array of industry, government, labor and environmental representatives who are expected to offer input and some guidance on trade matters.
In accepting the appointment, Dr. Lawal, chairman and CEO of CAMAC International Corporation, said that “It is an honor to serve President Obama as a member of this Advisory Committee…. I remain dedicated to opening markets throughout the world and lending my expertise to shape policies and strengthen opportunities.”
He has served creditably in boosting Texas area and international business in the shipping arena hence his reappointments as vice chairman and member of the board of the Port of Houston Authority. He has served on the board of the Greater Houston Partnership, the Houston Airport System Development Corporation, the National Urban League, the prestigious Fisk University, and other organizations.
Lawal has key business and political connections inside Nigeria, South Africa and the U.S. Lawal, a friend and key supporter of the U.S Secretary of State Hillary Clinton, also served as a member of the United States Presidential Trade Advisory Committee on Africa, during the Bush and Clinton administrations.
He has propelled the CAMAC International, a private company for almost 25 years (by 2011), to be recently ranked #193 in Forbes list of America’s Largest Private Companies.
Lawal, Vice Chairman of the board of directors of the Houston-based Unity National Bank, is a philanthropist on education and literary projects.
On January 27 2009, Kase and Eileen Lawal gave the Texas Southern University (also in Houston, Texas) the school’s largest donation/gift of U.S $1million dollars by an alumnus. I witnessed him make available on that day January 27, 2009 at the TSU, a check for $100,000 check, as the first installment of the 10-year, one million dollar pledge and endowment for the development of the Lawal Center for Global Trade at the Jesse H. Jones School of Business. http://photoworks.tv/kase-lawal-onemillion-tsu-usafrica-chido2009
It will cover some student scholarships. He has made equally substantial donations/endowments at the University of Houston, and other colleges.
Kase was born in 1954 in Ibadan, Oyo State (western Nigeria). He was awarded the prestigious USAfrica Business Person of the Year, in 1997. He has also served on the Board of Directors of the Corporate Council on Africa.
Around 2001-2003, he expanded CAMAC’s reach into South Africa and the capacity of the operations in Nigeria.
Around 2002, Kase led CAMAC to its first billion dollars. Business has flourished ever since, adjusting for the global economic crunch; the latter interrupted the scope of the stock offerings plans for CAMAC-Allied Energy on the Nigerian Stock Exchange.
He is the Chairman of the board for CAMAC Energy, Inc., a U. S.-based, energy company, now publicly traded on the NYSE Amex.
See related special background report: With Kase Lawal’s CAMAC Energy acquisition of Pacific Asia Petroleum, history grows with listing of African-led corporation on NYSE platform. By Chido Nwangwu, Publisher of USAfrica, USAfricaonline.com, CLASSmagazine and The Black Business Journal, Houston. http://www.usafricaonline.com/camac-pap-nyse-kaselawal-chido2010
Multimedia resources: USAfrica’s exclusive pictures of the April 7, 2010 CAMAC International acquisition of Pacific Asia Petroleum docs signing are on our pictorial events site www.PhotoWorks.TV http://photoworks.tv/camac-kase-pap-usafrica-chido2010
On the significance of the NYSE listing, Dr. Lawal, a Commissioner on the Port of Houston Authority said in an exclusive USAfricaTV video and USAfricaonline.com report that “It gives CAMAC some responsibilities and grants us more respect, and to return shareholders value. It should open doors for others to follow, add value and create value.”
For 19 years, despite a few business controversies which he has had to contend with, I have witnessed, first hand, amidst the expansion of his fortune has been major efforts by Kase and Eileen to give back to the community.
I have also reported and followed the exponential, methodical expansion of the clout and revenue drivers for CAMAC and of Kase, himself. I think that the latest nod from Obama’s administration to Lawal is a continuation of that forward march by a hard-working business professional and savvy son of Africa in America.
• Chido Nwangwu is the Founder & Publisher of USAfrica, first African-owned, U.S-based newspaper published on the internet USAfricaonline.com, The Black Business Journal, CLASSmagazine, PhotoWorks.TV, AchebeBooks.com, Nigeria360 e-group Nigeria360@yahoogroups, USAfricaTV and several blogs, assessed by The New York TImes as the most influential multimedia networks for Africans and Americans. He served on the editorial board of the Daily Times of Nigeria in Lagos and worked for the Nigerian Television Authority (news) in the 1980s; publicity committee of the Holocaust Museum, Houston; recipient of an honorary Doctor of Humanities degree in May 2009; member advisory board on Africa to Houston’s former Mayor Dr. Lee Brown. Chido appears as an analyst on CNN, VOA, SABC, CBSNews, ABCNews, FOXNews, NBCNews, etc. Chido@USAfricaonline.com — wireless: 832-45-CHIDO (24436). Follow Chido at FaceBook.com/usafrica and at Twitter.com/chido247
Obama’s Africa agenda, our business and democracy. By Chido Nwangwu, Publisher of USAfricaonline.com, USAfrica The Newspaper, Houston, USAfricaonline.com and CLASS magazine and The Black Business Journal http://www.usafricaonline.com/chido.obamaafrica09.html