Friday 20 September 2013

CSR News Summary Issue 64

Agriculture: NAFDAC – Why Nigeria’s Agricultural Produce Face EU Market Prohibition

 

The National Agency for Food and Drug Administration Control (NAFDAC) weekend stated that the European Union (EC) is set to ban some of Nigeria’s agricultural produce currently being exported into European markets due to contamination.
Published in ThisDay Newspaper on Sunday, 15th September, 2013

Oil & Gas: Diamond Bank commits N150bn to oil, gas financing

The Corporate Banking Director, Diamond Bank Plc, Mr. Samuel Egube, has said that the bank has put together about $1bn (150bn) for the funding of oil and gas projects in Nigeria.
Published in ThisDay Newspaper on Sunday, 15th September, 2013

Education: Nigeria Students Threaten to Shut Private Varsities over Strike

 

University students under the umbrella of National Association of Nigerian Students, NANS, yesterday, took to the streets in Ado Ekiti, Ekiti State capital, calling on the Federal Government to accede to the demands of the Academic Staff Union of Universities, ASUU.
Published in ThisDay Newspaper on Monday, 16th September, 2013

Energy: GE partners XD Electric to Boost Power across Africa

General Electric (GE) and XD Electric Group have announced the formation of a new partnership that combines GE’s grid automation capacities with XD Electric’s comprehensive portfolio of primary high voltage equipment.
Published in ThisDay Newspaper on Monday, 16th September, 2013

Agriculture: Nigeria’s Agriculture to benefit from IFC Loan

International Finance Corporation (IFC), a member of the World Bank Group and Olam International, a global integrated supply chain manager and processor of agricultural products, has signed a USD120 million (N18.7 billion) agricultural loan agreement.
Published in ThisDay Newspaper on Monday, 16th September, 2013
   
Energy: Power Generation’ll rise to 20,000mw in 2016 – Sambo

Vice – President Namadi Sambo yesterday said the country would be able to generate 20,000 megawatts of electricity by 2016. Speaking during an audience with the new executive members of the Alumni Association of the National Institute for Policy and Strategic Studies, NIPSS, Kuru, Sambo said the transformation agenda had recorded success in key sectors of the economy.
Published in The Punch Newspaper on Tuesday, 17th September, 2013

Education: Nigeria to Access U.S. $500 Million for Education

Nigeria is to access $500 million from international funding agencies to boost educational development and enhance access to universal basic education in the country.
Published in The Punch Newspaper on Tuesday, 17th September, 2013

Environment: Flood wreaks havoc in Plateau

More than 100 houses and property worth millions of naira have been destroyed by flood which affected five local government areas of Plateau State
Published in Daily Sun Newspaper on Tuesday, 17th September, 2013

Philanthropy: Residents rejoice as church brings free health services to communities

Hundreds of Lagos residents are still rejoicing days after receiving free medical services at a programme organised by a church to mark its health week.
Published in Daily Sun Newspaper on Tuesday, 17th September, 2013

Philanthropy: Group gives scholarship to students  

About five postgraduate students have benefitted from Ife May Club Education Support Programme in the screening exercise at Ife, Osun State.              
Published in Daily Sun Newspaper on Tuesday, 17th September, 2013

Labour: FG targets N320bn revenue, 1 million jobs from leather industry

The Minister of Industry, Trade and Investment, Mr Olusegun Aganga, on Monday said the Federal Government was targeting annual revenue of about N320 billion from tanneries  and leather-related manufactured goods in the country.
Published in Daily Sun Newspaper on Tuesday, 17th September, 2013

Philanthropy: NPA donates buses to UNILAG

As part of its Corporate Social Responsibility (CSR) Nigerian Port Authority (NPA) has donated two new Toyota coaster bus to the Department of Building, University of Lagos (UNILAG).
Published in The Nation Newspaper on Wednesday, 18th September, 2013

Agriculture: FirstBank Chief seeks collaboration for Agricultural Funding

 

Continuous stakeholder engagements in agriculture would ensure sustained funding  for the sector, Group Managing Director (GMD), First Bank of Nigeria Ltd, Mr Bisi Onasanya has said.
Published in The Nation Newspaper on Wednesday, 18th September, 2013

Agriculture: UBA stakes N41b on Agribusiness

United Bank of Africa (UBA) Plc has extended about N41 billion to agro and agro allied businesses as part of its efforts to activate Nigeria’s largest economic segment for sustainable development, mass employment and poverty alleviation
Published in The Nation Newspaper on Wednesday, 18th September, 2013

Health: Kwara targets .5m children, pregnant women in community health programme

Kwara State Ministry of Health has kicked off its maternal, neonatal and child health programme across the 16 local government areas of the state.
Speaking with journalists at one of the centres in Ilorin, the commissioner for Health, Alhaji Kayode Issa, said the programme is targeted to provide health care to 500,000 children and pregnant women in the state.
Published in The Nation Newspaper on Wednesday, 18th September, 2013

Philanthropy: Lawmakers train 120 youths

The Chief Whip of Oyo State House of Assembly Hon. Abiodun Adigun-Hammed has reiterated his commitment to support youths and the aged in his constituency.
Published in The Nation Newspaper on Wednesday, 18th September, 2013

Philanthropy: NGO offers free Education to 5,000 children

A faith-based Non Government Organisation (NGO), the Inner City Mission for Children has offered free education to about 5,000 indigent children across the country.
Published in Daily Independent Newspaper on Thursday, 19th September, 2013

Economy: CBN explains components of N220bn MSMEs fund

The Central Bank of Nigeria says its N220 billion Micro, Small and Medium Enterprise (MSMEs) Fund will help participating financial institutions to support entrepreneurs.

The Director of Public Finance, Mr Paul Eluhaiwe, said this in an interview with the News Agency of Nigeria (NAN) in Abuja on Tuesday.
Published in Vanguard Newspaper on Thursday, 19th September, 2013

Education: Jigawa Government spends N1bn on Adult Literacy

Jigawa state government said it has expended the sum of N1billion in the training of 18,000 adults on basic literacy and provision of learning facilities across the state, as part of its efforts to meet the UNESCO standard on the universal education.
Published in Vanguard Newspaper on Thursday, 19th September, 2013

Education: Students protest ASUU Strike
The National Association of Nigerian Students (NANS) yesterday protested the two month old strike by the Academic Staff Union of Universities (ASUU).
Published in ThisDay Newspaper on Friday, 20th September, 2013

Energy: Local Oil Companies Boost Production as IOCs Retreat

Locally-owned oil companies are boosting their share of Nigeria’s oil production by gaining ownership of oilfields in unstable areas of the country as international energy companies would appear to be in retreat.
Published in ThisDay Newspaper on Friday, 20th September, 2013

Agriculture: Nigeria to control 10% of global fertiliser market

Nigeria is being positioned to control 10 per cent of the global fertiliser market by 2017, the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has said.
Published in ThisDay  Newspaper on Friday, 20th September, 2013

Investment: Calabar seeks investment for tourist sites

The Managing Director, Cross River State Tourism Bureau, Mr. Michael Williams has charged investors and stakeholders in the tourism industry not to concentrate on simply building hotels to the detriment of investing in other profit tourist attractions/sites.
Published in ThisDay Newspaper on Friday, 20th September, 2013

Agriculture: BoA gets N15b for on-lending to farmers at single-digit

The Federal Government has granted the Bank of Agriculture (BoA) N15 billion for on-lending to farmers at a single-digit for the 2013 farming season
Published in The Nation Newspaper on Friday, 20th September, 2013

Health: ‘Danger of poor breast feeding’

Expectant and nursing mothers must breast-feed their babies and not husbands, the Head, Department of Paediatrics, Lagos University Teaching Hospital (LUTH), Idi Araba, Prof Adebola Akinsulie, has advised.
Published in The Nation Newspaper on Friday, 20th September, 2013

Education: Kwara to upgrade 120 schools

The Kwara State government has said it would upgrade 120 secondary schools to meet global standards of teaching, infrastructure and pupil – teacher ratio in the state.

Published in The Nation Newspaper on Friday, 20th September, 2013

Monday 2 September 2013

CSR News Summary Issue 63

Agriculture: Nigeria’s agricultural sector undergoing massive transformation

 

Shamsuddeen Usman, minister of national planning commission, says the nation’s agricultural sector is undergoing massive transformation with the focus on growing agriculture as a business aimed at turning the nation into a global agricultural power house.
Published in ThisDay Newspaper on Monday, 26th August, 2013

Infrastructure: Nigeria Railway Corporation to Receive 200 Locomotives by December 
The Minister of Transport, Idris Umar, on Friday said that the Nigeria Railway Corporation, NRC, would receive additional 200 wagons by December to boost transportation in the country.
Published in ThisDay Newspaper on Monday, 26th August, 2013

Health: Elechi disburses N200m to 6 private hospitals in Ebonyi

Governor Martin Elechi of Ebonyi has disbursed N200 milion to six rural hospitals under his Health Intervention Initiative in the 15th tranche of grants to rural private hospitals.
Published in BusinessDay Newspaper on Monday, 26th August, 2013

Energy: Egbin Plant to boost Power Supply

Seven years after it lost its full installed generation capacity as a result of a faulty turbine, the Egbin Power Plc said it had bounced back to its installed capacity following a N1 billion repairs on its sixth turbine unit (ST-06).
Published in BusinessDay Newspaper on Monday, 26th August, 2013

Partnership: Ecobank partners FG on MDGs Funds

The Office of the Senior Special Assistant to the President on Millennium Development Goals (MDGs) has appointed Ecobank Nigeria as partner in its Conditional Cash Transfer (CCT) scheme aimed at assisting indigent and less-privileged families with monthly social subventions as part of the federal government’s MDGs project.
Published in DailySun Newspaper on Tuesday, 27th August, 2013

Partnership: NESREA partners Imo communities on waste disposal

The National Environmental Standards and Regulations Enforcement (NESREA) has called on communities in Imo State to adopt safer and healthier means of waste management to prevent human contact with the hazards of wastes
Published in DailySun Newspaper on Tuesday, 27th August, 2013

Mining: Nigeria Digs Deep in a Bid to Revive Its Mining Sector

Nigeria forgot about its once lucrative mining industry. But through regulatory changes and foreign investment, it is now trying to regain its lost past.

When people talk of Nigeria's natural wealth, most immediately think of oil. After all, Nigeria's black gold accounts for up to 95% of the country's foreign exchange income and 80% of government revenue.
Published in Guardian Newspaper on Wednesday, 28th August, 2013

Partnership: US to partner Nigeria intelligence sharing

The United States Consul-General in Lagos, Mr. Jeffery Hawkins, has described Nigeria, Mr. Jeffery Hawkins, has described Nigeria as a great partner of the United States of America in drug control.
Published in The Nation Newspaper on Wednesday, 28th August, 2013

Investment: Anatomy of Return on Investment in Nigeria

Eromosele Abiodun highlights the misconceptions about return on investment and examined other factors such as return on asset, return on equity annual or annualised rate of return
Published in The Nation Newspaper on Wednesday, 28th August, 2013

Insecurity: Rising insecurity threatens African maritime industry -FG

The Federal Government has raised alarm that the economic opportunities in African maritime industry are being threatened by the rising insecurity in the continent’s water, calling on litoral states to defend their maritime sector against criminals for exploitation of the resources.
Published in Vanguard Newspaper on Thursday, 29th August, 2013

Health: Ogun plans $150m cancer centre

The Ogun State Government said it has concluded plans with the United States of America-based cancer experts to construct a cancer institute worth $150m in the state.
Published in Vanguard Newspaper on Thursday, 29th August, 2013

Labour: Labour demands, N1.7bn workers’ entitlements from Arewa Textiles

National Union of Textile, Garment and Tailoring Workers of Nigeria, NUTGTWN, has asked the owners and management of Arewa Textiles Plc, closed since 2005, to pay workers their N1.075 billion entitlements.

The union in a statement detailed its efforts at making the owners of the company to pay the entitlements since 2005 including legal action, where Union Bank Plc joint receivers’ pleaded to settle the issue out of court.
Published in Daily Independent Newspaper on Thursday, 29th August, 2013

Environment: 20 cities may be hit with $50 billion floods by 2050

The year 2050 may not be one that about 20 cities across the world would be looking forward to.
Published in Daily Independent Newspaper on Thursday, 29th August, 2013

Economy: CBN explains components of N220bn MSMEs fund

The Central Bank of Nigeria says its N220 billion Micro, Small and Medium Enterprise (MSMEs) Fund will help participating financial institutions to support entrepreneurs.

The Director of Public Finance, Mr Paul Eluhaiwe, said this in an interview with the News Agency of Nigeria (NAN) in Abuja on Tuesday.
Published in Vanguard Newspaper on Thursday, 29th August, 2013

Education: Jigawa Government spends N1bn on Adult Literacy

Jigawa state government said it has expended the sum of N1billion in the training of 18,000 adults on basic literacy and provision of learning facilities across the state, as part of its efforts to meet the UNESCO standard on the universal education.
Published in Vanguard Newspaper on Thursday, 29th August, 2013

Philanthropy: Airtel Staff donates to Lekki Orphanage
Management of the Lagos State Government Motherless Babies Home and Executive Members of the Lekki Residents Association have commended employees of leading telecommunications services provider, Airtel Nigeria, for showing love, care and affection for underprivileged children.
Published in ThisDay Newspaper on Friday, 30thAugust, 2013

Education: FG approves $100m to fight HIV/AIDs Annually

The federal government has approved an additional sum of $100 million annually to fight the HIV/AIDs pandemic in Nigeria, saying the plan was to identify priority attention and increase domestic resources to fight the pandemics
Published in ThisDay Newspaper on Friday, 30thAugust, 2013

Environment: China to spend $275b to fight air pollution

China will spend $275 billion over the next five years improving air quality – roughly the same as the gross domestic product (GDP) of Hong Kong and twice the size of the annual defence budget.
Published in ThisDay Newspaper on Friday, 30thAugust, 2013

Investment: Calabar seeks investment for tourist sites

The Managing Director, Cross River State Tourism Bureau, Mr. Michael Williams has charged investors and stakeholders in the tourism industry not to concentrate on simply building hotels to the detriment of investing in other profit tourist attractions/sites.
Published in The Nation Newspaper on Friday, 30thAugust, 2013

Labour: 40 millions Nigerian jobless, says Kolade

About 40 million Nigerians translating to 23.9 per cent are unemployed, Chairan, Subsidy Reinvestment Programme (SURE-P) Dr. Christopher Kolade has said.
Published in The Nation Newspaper on Friday, 30thAugust, 2013

Health: ‘Danger of poor breast feeding’

Expectant and nursing mothers must breast-feed their babies and not husbands, the Head, Department of Paediatrics, Lagos University Teaching Hospital (LUTH), Idi Araba, Prof Adebola Akinsulie, has advised.
Published in The Nation Newspaper on Friday, 30thAugust, 2013

Education: Kwara to upgrade 120 schools

The Kwara State government has said it would upgrade 120 secondary schools to meet global standards of teaching, infrastructure and pupil – teacher ratio in the state.

Published in The Nation Newspaper on Friday, 30thAugust, 2013