CSR News Summary Issue 92

Power: Tackling the Last Stumbling Block to Nigeria’s Power Progress

Nigeria, with its privatisation of the Power Generation and Distribution companies and the massive private investments that have followed suit, is on the right path to cutting ties with chequered past of epileptic power supply.

Published in ThisDay Newspaper on Monday, 15^th September 2014

Health: Ebola is Nigeria’s Biggest Economic Threat

In the first week of July, Nigeria’s Finance Minister Okonjo Iweala disclosed that Boko Haram’s five year insurgency had knocked off 0.5 percent from Nigeria’s GDP growth rate; an Ebola epidemic the scale of Guinea, Liberia, or Sierra Leone would in a fraction of that time reduce Africa’s largest economy to its knees, thus the need for the country to avoid such a scenario at all cost.

Published in ThisDay Newspaper on Monday, 15^th September 2014

Bilateral Trade: Nigeria to Double $40bn Trade with Asia By 2016

Nigeria is keen to bolster economic ties with the world’s most populated and fastest growing region Asia, as has agreed to double its bilateral trade volumes with the region’s countries from $40 billion to over $80 billion within the next to two years.

Published in The Punch Newspaper on Tuesday, 16^th September 2014

Energy: Lagos Moves to Explore Nuclear Energy for Electricity

Lagos State Governor, Babatunde Fashola, on Tuesday, said the state government is looking towards exploring nuclear energy as an alternative source of power supply in the state.

Published in The Nation Newspaper on Wednesday, 17^th September 2014

Energy: Nigeria Plans 20,000MW Generation From Renewable Sources

The Nigerian Federal Government has presented a draft of its Renewable Energy and Efficiency Policy to stakeholders, a successful Implementation of which will see the addition of 2,483 megawatts (MW) of electricity to the national grid by 2015.

Published in The Nation Newspaper on Wednesday, 17^th September 2014

Environment: Bayelsa shuts Agip Facility over Oil Spill

Following an oil spillage in its facilities in Ayarabele and Kalaba communities in the Orkordia Clan of Yenagoa Local Government Area of Bayelsa, the state government has ordered the closure of an oil facility belonging to the Nigeria AGIP Oil Company, a subsidiary of the Italian oil giant, ENI Spa.

Published in ThisDay Newspaper on Wednesday, 17^th September 2014

Power: NACCIMA calls for cancellation of Fixed Electricity Charge

The Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA) has called for the cancellation of electricity tariff fixed charge to consumers in the country.

Published in The Niche Newspaper on Thursday, 18^th September 2014

Economy: FG targets 30m Jobs, 70% GDP by 2043

The Minister of National Planning Commission, NPC, Dr. Abubakar Sulaiman says the proposed implementation of the newly approved National Integrated Infrastructure Master Plan, NIIMP would generate about 30 million jobs in 30 years across all sectors of the economy.

Published in The Niche Newspaper on Thursday, 18^th September 2014

Environment: Chevron gets ultimatum to quit communities if…

The Gbaramatu, Egbema and Ogulagha Coastal Communities Front have issued a 21-day ultimatum to Chevron Nigeria Limited to stop all contracts, award/dealings with the Communities’ former Chairman, George Timinimi, or move out of their communities.

Published in ThisDay Newspaper on Friday, 19th September 2014

Investment: BoI targets 1000 cottage industries with N5bn Fund

The Bank of Industry, BoI , has announced the take-off of a N5billion Cottage Agro Processing, CAP, Fund targeted at financing 1,000 cottage industries engaged in processing activities across the country.

Published in National Mirror Newspaper on Friday, 19th September 2014

CSR News Summary Issue 91

Health: How Africa is losing the Ebola Battle

A combination of fear of the Ebola virus, weak public infrastructures in three of the world's poorest countries, and a slow response by the international public health community and world governments is reversing real progress in Liberia, Sierra Leone and Guinea.

Published in ThisDay Newspaper on Monday, 8th September 2014

Power: Firms plan Gradual Increase in Tariff

Nigerians may continue to pay more for electricity following the recent upward review of gas price.

Published in ThisDay Newspaper on Monday, 8th September 2014

Climate Change: African farmers urged to adopt ‘Climate-smart Approach’

Nigeria was able to avert major food crisis aftermath of the 2012 flood in major parts of the country that affected many farms, but countries in the horn of Africa are not that lucky with the ravaging droughts with devastating effects on crops and livestock production.

Published in The Punch Newspaper on Tuesday, 9th September 2014

Capacity Building: World Bank partners Ibadan Business School on Capacity

There is need for vigilance by health authorities across the nation. While giving an update on the Ebola Virus Disease (EVD) in Nigeria last Thursday, Health Minister, Professor Onyebuchi Chukwu, said the total number of EVD cases so far reported in our country stands at 15 while the total number of cases treated at the isolation ward stands at 13.

Published in The Nation Newspaper on Wednesday, 10th September 2014

Health: Still on the Ebola Virus Challenge in Nigeria

There is need for vigilance by health authorities across the nation. While giving an update on the Ebola Virus Disease (EVD) in Nigeria last Thursday, Health Minister, Professor Onyebuchi Chukwu, said the total number of EVD cases so far reported in our country stands at 15 while the total number of cases treated at the isolation ward stands at 13.

Published in The Nation Newspaper on Wednesday, 10th September 2014

Power: 57% of West African Population lacks Electricity

African Development Bank, AfDB has said that more than 57 per cent of the people in West Africa were without access to electricity. 

Published in The Nation Newspaper on Wednesday, 10th September 2014

Investment: IFC invests $17b on SMEs, Health, Education in Africa

The International Finance Corporation (IFC), a member of the World Bank Group, on Wednesday said its activities across Africa impacted 1.1 million farmers, in addition to training 130,000 small businesses and farmers on management practices. This is besides providing $17 billion to finance entrepreneurs.

Published in The Nation Newspaper on Thursday, 11th September 2014

Power: Nigeria Power Generation Hits 2-Year High

Nigeria’s electricity generation is getting a steady climb reaching a two-year high of 4,044 megawatts (MW), though it is still below the peak generation level achieved two years ago.

Published in The Nation Newspaper on Thursday, 11th September 2014

ICT: MasterCard makes mobile payment easier with Apple Pay

Paying with mobile devices is about to become even more Priceless as Apple unveiled Apple Pay, an application that will enable MasterCard cardholders to use their iPhone 6, iPhone 6 Plus and Apple Watch for everyday purchases.

Published in ThisDay Newspaper on Friday, 12th September 2014

CSR: The household flame for both Starts up and large businesses

Some call it Corporate Social Responsibility; others deride at the archaic term and prefer to name it Sustainability or even Shared Value.  A few dispense with the “R” altogether and call it Corporate Responsibility; perhaps those still undecided about jumping onto the bandwagon simply call it Social Responsibility. No matter what the label, the fact is we have yet to find a simple explanation of a term that is increasingly becoming a mainstream business practice. This is very surprising for a field that has shot to fame so quickly from a mere triviality to highly recommended prerequisite for the high rise of any business.

In the 21st century, business sustainability needs to be understood in terms of the environment, economic development, human rights, women’s empowerment, and rule of law. Smart businesses are incorporating these broader principles of sustainability into their business decisions, and developing practical standards and metrics to help apply these principles in practice. These measures work to maximize opportunity and minimize the negative impact their core businesses have on the environment, the community and the economy in places where they operate

For a small business to grow into an empire and be in the right standing with global best practice, the checklist below must be addressed and in clear terms: Read more...

CSR News Summary Issue 90

Health, Safety Workshop Launched

A two-day training workshop on health, safety and environment management was conducted at the weekend. It was held at Enville House, Osho Street, Opebi, Ikeja.

Published in The Guardian Newspaper on Sunday, 31^st August 2014

Agribusiness: Turning Nigeria Global Agribusiness Destination

Sooner than later, Nigeria would return to, and surpass its former glory in which agriculture was on the driving seat of generating most of the revenue it needed for growth and development.

Published in Vanguard Newspaper on Sunday, 31^st August 2014

FCT to build toilets in strategic locations

The FCT Primary Health Care Development Board says plans are underway to build toilets in strategic locations in Abuja.

Published in Vanguard Newspaper on Sunday, 31^st August 2014

Industry Pulse: Standard Bank Group appoints Atedo Peterside Non – Executive Director

Standard Bank Group Limited has appointed Atedo Nari Atowari Peterside as a non-executive director to its board as well as that of Standard Bank of South Africa Limited.

Published in ThisDay Newspaper on Monday, 1^st September 2014

Industry Pulse: Coscharis Group appoints Nwuke Deputy MD

Cosharis Group has expanded its top management structure with the addition of a new Deputy Group Managing Director, Okey Nwuke.

Published in ThisDay Newspaper on Monday, 1^st September 2014

Industry Pulse: FRSC appoints Uchegbu its spokesperson

The Federal Road Safety Corps has appointed corps commander, Stella Uchegbu, as the new corps Public Education Officer.

Published in BusinessDay Newspaper on Monday, 1^st September 2014

Energy: LASG, LCCI target one million gas cylinders to Lagos homes in 2019

As part of its strategies to encourage total switch from firewood and kerosene to Liquefied Petroleum Gas as choice fuel for cooking in Lagos.

Published in BusinessDay Newspaper on Monday, 1^st September 2014

Health: Nigeria Sees Ebola End in September

The first Ebola‐related sigh of relief may be coming from the shores of Nigeria as the country Centre for Disease Control (NCDC) has indicated that the country may soon be able to eradicate the disease given the magnitude of efforts invested in containment.

Published in The Punch Newspaper on Tuesday, 2^nd September 2014

Grant: Tony Elumelu Awards Grant to Youth Driven Leadership Foundations

The Tony Elumelu Foundation (TEF) has awarded grants to foundations created by four African prominent leaders. These foundations are focused on developing Africa’s growth and prosperity through its youth.

Published in The Punch Newspaper on Tuesday, 2^nd September 2014

Education: Towards reducing mass failure in WAEC, NECO

The rate at which students do fail examinations nowadays is alarming as it calls for all hands to be on deck to curb this dilemma.

For quite some time now, there has been growing concern about mass failure in the Senior School Certificate Examinations (SSCE) conducted by West Africa Examination Council (WAEC), the National Examination Council (NECO) and the University Tertiary Matriculation Examination (UTME), among others in the country. 

Published in The Punch Newspaper on Tuesday, 2^nd September 2014

Power: Brazilian Firm to Build 700 Megawatt Plant in Nigeria

Nigeria has reached an agreement with Brazilian firm, Benco Energy limited, for the construction of a 700MW combined cycle power generating plant in Bayelsa state, Southern Nigeria.

Published in The Nation Newspaper on Wednesday, 3^rd September 2014

Power: Nigeria’s Power Generation Hits 2-Year High, And Climbing

Nigeria’s electricity generation is enjoying a steady climb reaching a year high of 4,044 megawatts (MW). Industry experts are even expecting higher numbers in the coming months as on account of improved gas supply to generation stations and the rise in the water level at the various hydro power stations typical of the rainy season.

Published in The Nation Newspaper on Wednesday, 3rd September 2014

Economy: Nigeria drops to 127 in global competitive index

Nigeria dropped to 127 in the 2015 Global Competitiveness Index (GCI) report of the World Economic Forum. According to the report published on Thursday, of the 144 countries assessed, Nigeria dropped from 120 in 2013 to 127 this year.

Published in The Nation Newspaper on Wednesday, 3rd September 2014

 

Education: Lagos reiterates commitment to take education to the next level

Lagos State Government has reiterated its commitment to the development of education in the state and taking the sector to the next level.

Published in Daily Independent Newspaper on Thursday, 4^th September 2014

Event: WHO Health Climate Conference begins in Geneva

The first ever-global conference on health and climate opened on Wednesday at the World Health Organisation (WHO) headquarters in Geneva.

Published in Daily Independent Newspaper on Thursday, 4^th September 2014

 

Industrial Growth: Growth in non-oil export hits $2.970bn - NEPC

The Nigerian Export Promotion Council, NEPC, has disclosed that Nigeria realised $2.970 billion from non – oil export in 2013 a 15.9 per cent increase over $2.561 in 2012.

Published in Vanguard Newspaper on Thursday, 4^th September 2014

International Trade: Nigeria, UK trade to hit $20bn by 2020

There are indications that trade between Nigeria and Britain has potential to hit 20 billion pounds by year 2020 if government remains proactive and encourage business to strive.

Published in Vanguard Newspaper on Thursday, 4^th September 2014

 

Calabar port strategic to Nation’s Economy

Minister of Transport, Senator Idris Umar, has said that the dredging of Calabar ports was part of Federal Government efforts to boost economic activities of the South-South and South-East geo-political zones of the country.

Published in Vanguard Newspaper on Thursday, 4^th September 2014

 

Infrastructure: FG completes due Diligence on Lekki Port Project

The Federal Government of Nigeria has completed due diligence on the Lekki port project thereby raising hopes on the actualisation of the first ever multibillion naira private/public partnership in that sector of the economy.

Published in ThisDay Newspaper on Friday, 5^th September 2014

 

Philanthropy: Delta Air Lines Sponsors Essay Competition

Delta Air Lines showed its support for developing young talents by sponsoring the 5^th National Travel Essay Competition.

Published in ThisDay Newspaper on Friday, 5^th September 2014

 

Infrastructure: Calabar Port is Strategic to Nigeria’s Economy Says Umar

Minister of Transport, Senator Idris Umar has said the dredging of Calabar Port is strategic to the Sustainable Development of the Nigeria’s economy.

Published in ThisDay Newspaper on Friday, 5^th September 2014

 

 

 

Reduce your Carbon Footprint - Energy Efficient Lighting

Simple changes in our everyday lives can help slow climate change — including reducing our energy consumption.

Compact fluorescent bulbs (CFLs) are the most prevalent energy efficient bulb curently available. Consuming an average of 75 per cent less electricity than conventional incandescent lights, CFLs reduce overall demand for electricity and the resulting greenhouse gas emissions from fossil-fuel power plants. Improving light emitting diode (LED) technology promises even greater electricity savings while avoiding some of the issues (mercury content, disposal) of CFLs.

Switching to energy efficient lighting represents a great opportunity to reduce your carbon footprint and save money on your electricity bill. While there are obvious environmental benefits to switching to more efficient lighting, consumers need to be aware of safe handling and disposal practices.

Mercury

In order to achieve this energy savings, CFLs require a small amount of mercury in their design; far less than the amount contained in other common uses such as watch batteries or dental fillings. 

Cleanup and Disposal

If a CFL does break or eventually burns out it is important to follow safe clean-up and disposal procedures. To maximize their environmental benefit it is important that CFLs are recycled and do not end up in the landfill. 

Happy Birthday!

Happy Birthday to our Senior Consultant, Projects/ Programmes, Oluwatosin Aladese
We wish you the best that life has to offer!