Tuesday 18 November 2014

CSR News Summary Issue 96



Industry Pulse: Schneider Electric appoints new Country President

The global specialist in Energy management has announced the appointment of Mr. Walid Sheta as the new Country President of its subsidiary in Nigeria.
Published in The Guardian Newspaper on Sunday, 9th November, 2014

Agriculture: FG Plans Calaro Palm Estate for Crop Processing Zone

Impressed by the giant strides taken by PZ Wilmar Plc that has given fillip to the Agricultural Transformation Agenda of the Federal Government, and impacting the economic landscape of Cross River State, where it established an expansive oil palm plantation, the Federal Ministry of Agriculture and Rural Development has earmarked the estate as a Staple Crop Processing Zone (SCPZ).
Published in The Guardian Newspaper on Sunday, 9th November, 2014

Agriculture: Nigeria gets accreditation to certify Agro-Produce for Export

 

The Federal Government has signed Memoranda of Understanding, MoU, with three power firms – 3D Hitech System Ltd, SEPCOIII Electric Power Construction Corporation, and CGC Nigeria Ltd, with a view to boosting generation, distribution, and supply in Nigeria.
Published in The Guardian Newspaper on Sunday, 9th November, 2014

Education: FG approves N435m for 2,400 North – East Students

The Federal Government on Thursday approved the sum of N435m for the sponsorship of the education of 2,400 students in the three states mostly affected by terrorists activities.
Published in ThisDay Newspaper on Monday, 10th November 2014

Education: British Council advises FG on Education

The Federal Government on Thursday approved the sum of N435m for the sponsorship of the education of 2,400 students in the three states mostly affected by terrorists activities.
Published in ThisDay Newspaper on Monday, 10th November 2014

Infrastructure: Nigeria needs N8.7tn Investment for Gas Infrastructure

The Africa Finance Corporation says $53bn investment is required to address the huge deficit in gas infrastructure in the country.
Published in ThisDay Newspaper on Monday, 10th November 2014

TETFund commits N23 billion into e-resources to enhance Research

The Tertiary Education Trust Fund (TETFUND) on Wednesday said it had committed N23.8 billion between 2001 and 2013 to public tertiary institutions for the acquisition of library books and e-resources.
Published in The Punch Newspaper on Tuesday, 11th November 2014

Growth: Oil & Gas firms looking to bonds to fund growth and acquisitions 

Nigerian exploration and production firms in the oil and gas industry are looking beyond bank loans and syndicated loans to fund asset acquisitions and growth. 
Published in The Punch Newspaper on Tuesday, 11th November 2014

Industry Pulse: Kuramo Capital founder joins Obama’s Advisory Council

The Founder and Chief Investment Officer, Kuramo Capital Management, Mr. WalĂ© Adeosun, has been appointed to the newly established President Obama’s Advisory Council on Doing Business in Africa.
Published in The Punch Newspaper on Tuesday, 11th November 2014

Education: British Council advises FG on Education

The Project Manager, British Council in Lagos, Sephora Imomoh, has identified the need for the Federal Government to invest heavily in the education sector in the country.

She also said that there was need for improved research and collaboration between the education sector and other sectors in the Nigerian economy.
Published in The Punch Newspaper on Wednesday, 12th November 2014


Industry Pulse: NCC Appoints Aragba-Akpore as Head of Media

The Nigerian Communications Commission (NCC) has appointed Mr. Sonny Aragba-Akpore as its new Head of Media.
Published in The Guardian Newspaper on Wednesday, 12th November 2014

Environment: Amnesty accuses Shell of knowing pipes were faulty before two oil spills

Royal Dutch Shell Plc has been accused by Amnesty International of downplaying the size of two oil spills in Nigeria and knowing the pipelines were faulty before they burst, reports Bloomberg.
Published in Vanguard Newspaper on Thursday, 13th November 2014

Agriculture: FG targets 51m MT of Cassava Production by 2017

The Minister of Agriculture, Mr. Akinwunmi Adeshina has disclosed that the federal government targets 51m metric tonnes of cassava production in 2017 up from the 38m metric tonnes of cassava produced currently.
Published in Vanguard Newspaper on Thursday, 13th November 2014

ICT: 49.6m Phone Lines Inactive in Third Quarter of 2014

A total of 49,641,091 phone lines in Nigeria were dormant at Q3 2014, latest telecoms market information released by the industry regulator has shown.
Published in Guardian Newspaper on Thursday, 14th November 2014


Power: Solar Energy Can Generate 100times Nigeria’s Current Power Capacity, Says Kuku

A former President of Council for Renewable Energy of Nigeria (CREN), Prof. Titilayo Kuku has stated that with Nigeria’s enormous solar energy potentials, the country can use only one per cent of her land area to generate one hundred times the current capacity of the national grid from solar power.
Published in Guardian Newspaper on Thursday, 14th November 2014
 

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