Friday, 9 October 2015

CSR News Summary Issue 119

ENVIRONMENT: VICTIMS OF 2012 FLOOD DISASTER IN LOKOJA SEND SOS TO GOVERNOR
As the water levels continue to rise in Lokoja the Kogi State capital where River Niger and Benue formed a confluence, the victims of 2012 flood disaster in the state have sent a Save-Our-Souls message to Governor Idris Wada as their abode is gradually being submerged.
Published in The Guardian Newspaper Friday, October 2, 2015.

INDUSTRY PULSE: KWARA APPOINTS NEW AIDES
Governor Abdulfatah Ahmed of Kwara has approved the appointment of Dr. Muritala Awodun as the pioneer executive chairman of Kwara State Internal Revenue Service (KWIRS) and Dr. Isaac Gbenle as its new director of Field Operation, Processes and Research.
Published in The Guardian Newspaper, Friday, October 2, 2015.

ECONOMY: DIGITISATION TO FETCH N330bn
The Federal Government can generate as much as N330 Billion yearly from digital broadcasting, should Nigeria achieve the new date of June 20, 2017 for the country’s Digital Switchover (DSO), according to National Broadcasting Commission (NBC).
Published in The Guardian Newspaper Friday, October 2, 2015.

ECONOMY: INDUSTRY MULLS CASH-BACK ON PoS TO DRIVES CASHLESS SCHEME
Central Bank of Nigeria (CBN) Banks and Payments Terminal Service Providers (PTSPs) are working on the introduction of cash-back from point of sale (PoS) terminal, in an effort to further drive the penetration and adoption of cashless policy.
Published in The Guardian Newspaper, Friday, October 2, 2015.


INDUSTRY PULSE: JOHNSON, FORMER COMMTECH MINISTER JOINS TLCOM CAPITAL
Venture capital firm TLcom Capital (TLcom) has announced the appointment of Omobola Johnson the ex-minister of Communications in Nigeria , as a general partner to open and head their new office in Lagos, Nigeria-their second in Africa.
Published in The Guardian Newspaper Friday, October 2, 2015.

STAKEHOLDER ACTION: SIX COMMUNITIES PROTEST ABANDONED NDDC ROAD PROJECT
Six communities at Iyekogba area of Oredo Local Government Area of Edo State have protested over the abandonment of a road construction contracted awarded by the Niger Delta Development Commission and the continued deplorable conditions of roads leading to the communities.
Published in The Nation Newspaper Friday, October 2, 2015.

ENERGY: MANUFACTURERS SEEK CLARIFICATIONS ON POWER SUPPLY OPERATIONS
Manufacturers have called for clarification on the role of the Nigerian Bulk Electricity Trading Plc and the Transitional Electricity Marketing Company. To them, it will ensure a lasting panacea to the challenge of erratic power supply stifling their operations. They made the call on the heels of firms suffering from epileptic distribution of power.
Published in The Nation Newspaper Friday, October 2, 2015.

 DEVELOPMENT: BUDGET: FG TARGETS N394bn FROM DEVELOPMENT PARTNERS
The Federal Government is targeting an inflow of $2bn (N394bn) in 2016 from its development partners such as the European Union, Department for International Development, and the World Bank, among others.
Published in Sunday Punch Newspaper Sunday, October 4, 2015.



MoU: IN NEW DEAL WITH SHELL, NLNG TO PROVIDE N3bn ANNUALLY TO BONNY KINGDOM
Nigeria Liquefied Natural Gas (LNG) Limited and Shell Petroleum Development Company (SPDC) yesterday signed a new memorandum of understanding (MoU) with Grand Bonny Kingdom in River State, which transfers responsibility of driving sustainable community development from the corporate organisations to the community.
Published in This Day Newspaper Sunday, October 4, 2015.

ENERGY: INSTITUTE APPROPRIATE SANCTIONS FOR GAS FLARING
The Federal Government has been called upon to institute appropriate sanctions for erring gas flaring companies in Nigeria. This was the advice of the Chief Executive Officer of Clean Energy Group, Mr. Deepak Khilnani, in a chat with Sunday Vanguard. He said that the problem of stemming gas flaring in Nigeria is a technical one, not one to be put at the doorstep of government.
Published in Sunday Vanguard Newspaper, October 4, 2015.

POVERTY: US SUPPORTS POVERTY ERADICATION IN NIGERIA WITH $2.3 BILLION
The federal government has welcomed a $2.3 billion US government assistance over the next five years that will support the administration of President Muhammadu Buhari’s programme to combat extreme poverty among the Nigeria population.
Published in This Day Newspaper, Monday, October 5, 2015.

ENERGY: POWER GENERATION DROPS BY 1,100MW AS EGBIN WORKERS’ CRISIS PERSIST
Electricity generation in the country has dropped by 1,100 megawatts as output from Egbin Power Plant, the bigger generating power station in Nigeria has dropped to zero, THISDAY has learnt
Published in This Day Newspaper, Monday, October 5, 2015.


EDUCATION: MO IBRAHIM URGES BUHARI TO FIX EDUCATION
Nigeria must fix the “deterioration” in its education system if the country must fulfill its potential, according to the annual Ibrahim Index of African Governance. The 2015 index released last Monday in London, United Kingdom, showed that Nigeria dipped in education and rural development since 2011.
Published in This Day Newspaper, Monday, October 5, 2015.

SAFETY: NCAA UNVEILS NIGERIA’S AIR SAFETY POLICY
The Nigerian Civil Aviation Authority (NCAA) has unveiled the Nigerian government’s policy statement on safety of air operations in the country.
Published in This Day Newspaper, Monday, October 5, 2015.

MSMEs: HERITAGE BANK TO INCREASE SMES’ LENDING TO N100 BILLIONN BY 2016
 Heritage Bank Limited said it is targeting to raise its lending to small and medium scale enterprises (SMEs) to N100 billion by the end of 2016.
Published in This Day Newspaper, Monday, October 5, 2015.

INDUSTRY PULSE: AJUMOGOBIA JOINS ASSECO NIGERIA AS CHAIRMAN
Former Minister of Foreign Affairs, Odein Ajumogobia has joined the Board of Asseco Software Nigeria Ltd as its Chairman.
Published in This Day Newspaper, Monday, October 5, 2015.
  

INDUSTRY PULSE: LONGE EMERGES PENOP CHAIRMAN
Pension Fund Operators Association of Nigeria (PenOp) has appointed Mr. Eguarekhide Longe as its new Chairman. Longe, Managing Director AIICO Pension Managers Limited took over from Mr. Misbahu Yola, the Managing Director Legacy Pension Limited, who had been at the helm of affairs of the association for the past two year.
Published in This Day Newspaper, Monday, October 5, 2015.

EDUCATION: FG LAUNCHES MOBILE SCHOOLS IN IDP CAMPS
Children of Internally Displaced Person of school-age in some parts of the North-east affected by the insurgency are back in school as the federal government launched Mobile Containerized schools last week in Maiduguri, Borno State.
Published in This Day Newspaper, Monday, October 5, 2015.

PEACE AND SECURITY: US: WE WILL CONTINUE TO PARTNER FOR PEACE, STABILITY
The United States Government has said it will continue to partner Nigeria to achieve peaceful co-existence and sustainable development especially in the country’s drive towards attainment of enduring democracy.
Published in This Day Newspaper, Monday, October 5, 2015.

EVENT: CSR CHILDREN, FORD FOUNDATION HOLDS BUSINESS LEADERS’ FORUM
Business Leaders will gather on October 7, 2015 for the third annual Chief Executive Officers’ Forum which would be held by the CSR Children-leading advocates in the field of corporate social responsibility and child rights, in collaboration with Ford Foundation.
Published in This Day Newspaper, Monday, October 5, 2015.


SDGs: STANDARD CHARTERED’S SUPPORT #GLOBALGOALS
Standard Chartered Bank has launched extensive multi-channel communications to its 86,000 employees and millions of clients around the world about Global Goals for Sustainable Development.
Published in This Day Newspaper, Monday, October 5, 2015.


STAKEHOLDER ACTION: CONCERN GROWS IN C/RIVER AS COMMUNITY BATTLES OIL FIRM
Tension continues to rise in Esuk Utan community in Calabar Municipality, where a community is at dagger drawn with an oil company, Sahara Oil & Gas over the failure of the latter to pay compensation for some plots of land acquired by the company from the state government.
Published in Business Day Newspaper, Monday October 5, 2015.


HOUSING: AMBODE MULLS REPOSITIONING LAGOS HOMS AS IMPLEMENTATION CONCERNS MOUNT
Governor Akinwunmi Ambode of Lagos State is considering a review of the operations and implementation of the Lagos State Home Ownership Mortgage Scheme (LagosHOMS) with a view to repositioning it to meet its objective, BusinessDay Checks reveal.
Published in Business Day Newspaper, Monday October 5, 2015.

SDGs: “CREATING A BRIGHT FUTURE FOR NIGERIA IS OUR GOAL” – UNILEVER NIGERIA
In line with the UN Global Goals Initiative, Unilever Nigeria, has reiterated its commitment to continue advancing the lives of Nigerians through its sustainable living plan.
Published in Business Day Newspaper, Monday October 5, 2015.

  
ENVIRONMENT: FLOOD: KEBBI TO ASSIST FLOOD VICTIMS WITH N200M
A total sum of N200 million is to be utilized by the government of Kebbi to assist victims of flooding in the state.
Published in Business Day Newspaper, Monday October 5, 2015.


MSMEs: LCCI UNVEILS NEW AGENDA FOR SMES
The Lagos Chamber of Commerce and Industry (LCCI) has introduced an innovative agenda for micro-, small-, and medium-sized enterprises (MSMES) in the upcoming international trade fair.
Published in Business Day Newspaper, Monday October 5, 2015

ENERGY: SAHARA BOSS ADVOCATES ALTERNATIVE ENERGY INVESTMENTS AT UN MEETING
The attainment of affordable energy through investments in alternative sources will enhance socio-economic growth in rural communities across the globe by 2030, Tonye Cole, executive director, Sahara Group, said at a meeting dedicated to the Sustainable Development Goals during the 70th United Nations General Assembly in New York
Published in Business Day Newspaper, Monday October 5, 2015.

HABITAT DAY: UN, AMBODE ADVOCATE PROTECTION OF PUBLIC SPACES
The United Nations Habitat, Governor Akinwunmi Ambode of Lagos State and experts in the building industry have advocated protection of public spaces for the benefits of all.
Published in The Punch Newspaper, Tuesday, October 6, 2015.


SDGs: TRANSITION FROM MDGs TO SDGs IN NIGERIA
The challenge of development is arguably one of the greatest challenges that has dominated the world history. Human beings have always been concerned about how to improve their condition of living and better confront the forces of nature and the environment. Over the years, a lot of progress has been made on how to deal with the challenges of development and improve the standard and condition of living of human beings.
Published in The Punch Newspaper, Tuesday, October 6, 2015.

ENERGY: SHELL TO ADD 50,000BPD TO NIGERIA’S OIL PRODUCTION
Shell Nigeria Exploration and Production Company Limited on Monday announced the commencement of production from the Bonga Phase 3 project.
Published in The Punch Newspaper, Tuesday, October 6, 2015.

STANDARDS: SON URGES OEMS TO SET UP PLANTS LOCALLY
The Standards Organisation of Nigeria says it is working towards having Original Equipment Manufacturers site their manufacturing plants in the country in a bid to stop the sale of fake Smartphone and other gadgets.
Published in The Punch Newspaper, Tuesday, October 6, 2015.

ENVIRONMENT: FLOOD SUBMERGES 30 HOUSES IN DELTA COMMUNITY
The councilor representing, Jeremi Ward 3 in Ughelli South Local Government Area of Delta State, Sunday Apah, has appealed to the state and Federal Governments to come to the aide of his people, after more than 30 houses were submerged by flood at Otu-Jeremi community.
Published in The Daily Sun Newspaper, Tuesday, October 6, 2015.


INDUSTRY: IRISH, JAPANESE, CHINESE SCIENTISTS WIN NOBEL PRIZE FOR MEDICINE
Three scientists from Japan, China, and Ireland whose discoveries led to the development of potent new drugs against parasitic diseases including malaria and elephantiasis won the Nobel Prize for Medicine on Monday.
Published in The Daily Sun Newspaper, Tuesday, October 6, 2015.

EDUCATION: BABCOCK VARSITY BAGS WORLD BRAND AWARD
Babcock University, Ilishan-Remo, Ogun State, had another feather added to her cap, as it received the covetous Brand of the Year Award at the 2015 World Branding Awards ceremony in Kensington Palace, London. The university was the only brand in the education category from Nigeria selected for the award.
Published in The Daily Sun Newspaper, Tuesday, October 6, 2015.


MSMEs: BOI FLOATS N2bn ENTREPRENEURSHIP FUND FOR CORP MEMBERS
To address the challenge of the over 50 per cent youth unemployment in the country, the Bank of Industry (BOI) yesterday said it has floated a N2 billion Graduate Entrepreneurship Fund (GEF)
Published in The Daily Sun Newspaper, Tuesday, October 6, 2015.

CHARITY: UBA FOUNDATION OPENS ENTRIES FOR NATIONAL ESSAY COMPETITION
UBA Foundation, the corporate social responsibility arm of United Bank for Africa (UBA) Plc, has announced the opening of entries for the 2015 edition of its annual National Essay Competition.
Published in The Daily Sun Newspaper, Tuesday, October 6, 2015.


AGRICULTURE: POULTRY FARMERS LOST N10 BILLION TO OUTBREAK OF BIRD FLU
The Poultry Association of Nigeria (PAN) has said that its members may have suffered economic loss to the tune of N10 billion since the outbreaks of bird flu in January 2015.
Published in The Guardian Newspaper, Wednesday, October 7, 2015

PENSION/LABOUR: KADUNA UNCOVERS N1.3b PENSIONS FRAUD
Kaduna Government yesterday disclosed that it has uncovered a major fraud involving about 3,888 phantom pensioners, which cost the state N1.3 billion annually, following a major audit embarked upon recently.
Published in The Guardian Newspaper, Wednesday, October 7, 2015

CORPORATE GOVERNANCE: CBN CHIEF STRESSES IMPORTANCE OF CORPORATE GOVERNANCE TO FINANCIAL SECTOR
Deputy Governor of the Central Bank of Nigeria (CBN), Dr. Joseph Nnanna, has said that the introduction of Corporate Governance is to bring out the best in the financial sector by acting locally and thinking globally.
Published in The Guardian Newspaper, Wednesday, October 7, 2015

INDUSTRY PULSE: OLUFUYE RE-ELECTED AS AfICTA CHAIRMAN
At close of its thought provoking strategy session and annual general meeting held recently in South Africa, the Africa Information & Communication Technologies Alliance (AfICTA), re-elected Dr. Jimson Olufuye, the Chief Executive Officer of Kontemporary Nigeria as its Chairman.
Published in The Guardian Newspaper, Wednesday, October 7, 2015


ENVIRONMENT:  AGIP RECORDS SIX CASES OF OIL SPILL IN SEPTEMBER
The Nigerian Agip Oil Company, NAOC – a subsidiary of the Italian multinational Eni – recorded six cases of crude oil spill this month (September) and 11 cases in August, according to spills data obtained by SweetcrudeReports
Published in The Guardian Newspaper, Wednesday, October 7, 2015

MSMEs: AMSCO CANVASSES ENTREPRENEURSHIP-BASED DEVELOPMENT STRATEGY
The African Management Services Company (AMSCO) said there are great opportunities to boost private sector contributions to the growth agenda of the country through enterprise development.
Published in The Guardian Newspaper, Wednesday, October 7, 2015

HEALTH: NIGERIA LOSES N10b TO BIRD FLU
Nigeria has lost over N10billion to the outbreak of avian influenza otherwise known as bird flu in poultry farms located in 21 states across the country, the Poultry Association of Nigeria (PAN) has said.
Published in The Nation Newspaper, Wednesday, October 7, 2015

ENVIRONMENT: SHELL PRAISES BUHARI ON UNEP REPORT IMPLEMENTATION
Shell Petroleum Development Company (SPDC) has commended President Muhammadu Buhari for setting up governance structures for the implementation of the United Nations Environment Programme (UNEP) report.
Published in The Nation Newspaper, Wednesday, October 7, 2015


PHILANTROPHY: FOUNDATION EMPOWERS 20 WITH N10M
In order to encourage youths to strive towards self-reliance, the Zakat and Sadaqat Foundation, (ZSF) has organised its maiden edition of Business Plan Competition during which 20 winners emerged.
Published in The Nation Newspaper, Wednesday, October 7, 2015

CHARITY: PHILANTHROPIST DONATES LAB EQUIPMENT TO SCHOOLS
A philanthropist, Hon. Semiu Ishola Karaole has donated educational materials and science laboratory equipment to schools and study centres in Mushin area of Lagos State. The gesture was borne out of the need to help the students prepare ahead of the General Certificate Examination (GCE).
Published in The Nation Newspaper, Wednesday, October 7, 2015


INSECURITY: VIOLENCE LOOMS IN N/DELTA, INT’L CRISIS GROUP WARNS
The relative peace being witnessed in the Niger Delta region may soon go away unless the federal government acts quickly and decisively to address long-simmering grievances, the International Crisis Group has said.
Published in Daily Trust Newspaper, Thursday, October 8, 2015

INDUSTRY PULSE: AMBODE CONSTITUTES BOARDS OF AGENCIES
New boards for the Lagos State Health Service Commission, Audit Service Commission, Universal Basic Education and Local Government Service Commission have been constituted by Governor Akinwunmi Ambode.
Published in Daily Trust Newspaper, Thursday, October 8, 2015



EXTRACTIVES: GHANA PRESIDENT CALLS FOR HARMONISED ECOWAS EXTRATIVE POLICIES
President John Mahama has canvassed for the harmonization of regulatory frameworks governing exploitation in the extractive sectors in ECOWAS states.
Published in Daily Trust Newspaper, Thursday, October 8, 2015

INVESTMENTS: SEC TO GROW NON-INTEREST PRODUCTS TO N4.179trn
The Securities and Exchange Commission (SEC) has revealed that it is planning to grow non-interest capital market products to be 25 per cent of the overall market capitalization.
Published in Daily Trust Newspaper, Thursday, October 8, 2015

ENERGY: BOI COMMISSIONS N44M SOLAR SYSTEM TO BOOST SMEs OPERATION IN NIGER
As part of strategic moves to promote small scale enterprises in the country, The Bank of Industry (BOI) has commissioned a micro-grid solar system in Bisanti, a remote community in Niger State.
Published in Daily Trust Newspaper, Thursday, October 8, 2015

 AGRICULTURE: 3M CASSAVA FARMERS TO BENEFIT FROM CAMAP
The Cassava Mechanisation and Agro-Processing Project (CAMAP) is intensifying efforts to improve the livelihood of about 3.5 million cassava farmers in Sub-Saharan Africa through provision of production technologies and other supports that make farming attractive and profitable
Published in Daily Trust Newspaper, Thursday, October 8, 2015

AGRICULTURE: PLATEAU FADAMA GETS N27M GRANT
The Plateau State Fadama Project has accessed N27 million as take-off grant for the implementation of its five-year programme tagged, “Fadama Additional Financing (FAF)
Published in Daily Trust Newspaper, Thursday, October 8, 2015

LABOUR/AGRICULTURE: 30,000 NIGERIAN YOUTHS TO BENEFIT FROM YEAP PROGRAMME
The Federal Government said it has commenced the process of empowering 30,000 youths through the Youth Employment in Agriculture Programme (YEAP) along area based priority value chain.
Published in Daily Trust Newspaper, Thursday, October 8, 2015

HEALTH: ABOUT 1bn PERSONS MAY BE AT RISK OF BLINDNESS BY 2050-REPORT
No fewer than one billion people could be at risk of blindness by the middle of the century if an emerging short-sightedness-myopia-epidemic is ignored, say researchers at the Brien Holden Vision Institute.
Published in Leadership Newspaper, Thursday, October 8, 2015

COMMUNITY DEVELOPMENT: LAFARGE AFRICA COMMITS N200M FOR ROAD RECONSTRUCTION
Moved by the poor state of a portion of Lagos – Abeokuta expressway, especially at Itori-Ewekoro-Papalanto corridor, the multinational cement firm, Lafarge Africa Plc, a member of LafargeHolcim, has earmarked N200 million for reconstruction part of the expressway.
Published in Leadership Newspaper, Thursday, October 8, 2015

SDGs: ATTAINMENT OF SDGs WILL BE HINGED ON GLOBAL HEALTH OUTCOMES-WHO
The World Health Organisation’s (WHO) regional director for Africa, Dr. Matshidiso Moeti has underscored the critical role of health in achieving the Sustainable Development Goals (SDGs).
Published in Leadership Newspaper, Thursday, October 8, 2015

EDUCATION: GLOBAL RATING: WHY NIGERIA VARSITIES NOT AMONG TOP 1000-TETFUND BOSS
Executive Secretary of Tertiary Education Trust Fund (TETFund), Suleiman Bogoro has said too much emphasis on theory, rather than research and development was responsible for non-listing of any Nigeria University among the top 1000, globally.
Published in Leadership Newspaper, Thursday, October 8, 2015




  















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