CSR News Summary Issue 72

Industry Pulse: Olatinwo reappointed UITH CMD

 

President Goodluck Jonathan has approved the reappointment of the Chief Medical Doctor (CMD) of University of Ilorin Teaching Hospital, Prof. Abdulwaheed Olatinwo.

Published in Vanguard Newspaper on Saturday, 1^st February 2014

 

Energy: FG signs N55bn renewable energy agreement with GE

 

The Federal Government on Friday signed a $350m (N55bn) investment agreement on renewable energy in the power sector with General Electric.

Published in Vanguard Newspaper on Saturday, 1^st February 2014

 

Health: WHO forms Nomadic Immunisation Teams in Sokoto

 

The World Health Organisation (WHO) yesterday said it had formed nomadic polio immunisation teams in all the 23 local government areas of the state,

Published in ThisDay Newspaper on Sunday, 2^nd February 2014

Report: NSE delisted six companies in 2013

No fewer than six companies were among the entities and securities delisted from the Nigerian Stock Exchange in 2013; according to data obtained from the NSE.

Published in ThisDay Newspaper on Sunday, 2^nd February 2014

Philanthropy: Commissioner sponsors free eye care service in Yakurr

 

Arrangements have been concluded for a one day free eye screening exercise for communities under Yakurr II State Constituency in Cross River State.

Published in ThisDay Newspaper on Sunday, 2^nd February 2014

Energy: ABB to build power equipment plant in Nigeria

ABB, multinational electrical power Solution Company, has pledged to set up a local manufacturing electrical power equipment plant in Nigeria to contribute to the development of the power sector.

Published in Vanguard Newspaper on Sunday, 2^nd February 2014

 

Labour: Global unemployment increased by 5m people in 2013, says ILO

 

The International Labour Organisation has stated that the uneven economic recovery and successive downward revisions in economic growth projections have had an impact on the global employment situation in 2013.

Published in Vanguard Newspaper on Sunday, 2^nd February 2014

 

Industry Pulse: Board composition as business advantages

 

The Enron debacle focused renewed attention on corporate governance and organizational failures and successes. Since then a number of studies have shown that there exists a nexus between positive implementation of corporate governance and company performance with many scholars connecting the outright failure of a good number of blue chip organizations to lack of good corporate governance.

Published in Vanguard Newspaper on Sunday, 2^nd February 2014

 

Sustainable Finance: Chamber faults CBN on CRR

 

Following the controversies generated by the upward review of the Cash Review of the Cash Reserve Requirement (CRR) on public sector deposits on public sector deposits from 50 per cent to 75 per cent by the Central Bank of Nigeria.

Published in The Guardian Newspaper on Monday, 3rd February 2014

Infrastructure: After 30 years, OAU begins master plan review project

A major new initiative that will see the extent of existing development, assessing the adequacy and physical condition of residential, academic, commercial and recreational environment got underway recently in Obafemi Awolowo University, Ile Ife, Osun State.

Published in The Guardian Newspaper on Monday, 3rd February 2014

 

Community Development: Agency ends open defecation in 28 Kaduna communities

 

The Kaduna State Water and Sanitation Agency (WATSAN), on Tuesday said it had sensitised 28 communities against open defecation as part of efforts to check the spread of communicable diseases.

Published in The Guardian Newspaper on Monday, 3rd February 2014

Community Development: Ondo delivers urban renewal projects, upgrades townships

With its plethora of urban renewal projects throughout the state, the Ondo State Government has said it is determined to upgrade most of its townships to world’s standard.

Published in The Guardian Newspaper on Monday, 3rd February 2014

Capacity Development: Access Bank collaborates with GRI, SIDA, others on capacity development

 

Access Bank Plc has entered into partnership with the Global Reporting Initiative (GRI) Focal Point South Africa, Swedish International Development Cooperation Agency (SIDA) and ThistlePraxis, to ensure sustainable capacity building in Nigeria

Published in The Guardian Newspaper on Monday, 3rd February 2014

 

Philanthropy: Seadogs offers free medical care to Bayelsa Community

 

In line with one of its cardinal objectives, which is, ‘For Humanistic Ideas’, the National Association of Seadogs Bayelsa state Chapter, stormed the rustic Obogoro Community in Yenagoa for a one day free medical outreach

Published in Daily Sun Newspaper on Tuesday, 4^th February 2014

Philanthropy: Total donates 6,000 disposable bed sheets to hospitals in Port Harcourt

 

Total E 7 P yesterday donated 6,000 pieces of disposable bed sheets to two hospitals in Port Harcourt, Rivers State.

Published in Daily Sun Newspaper on Tuesday, 4^th February 2014

 

Entrepreneurial skills: NECA’s women business association trains on bookkeeping

 

Many small businesses have missed the opportunity to get credit financing or equity investment simply because the business books were not in order.

Business experts world over all agree that proper bookkeeping is essential for continued sustenance and expansion of a business because it is through this that tax officials, bankers, other investors or even the business managers can know the actual performance of a business.

Published in Daily Sun Newspaper on Tuesday, 4^th February 2014

 

Sustainable Development: Government seeks partnership on industrial growth

 

To aid industrialization in Nigeria and the rest of Africa. The Federal Ministry of Trade and Investment, Dauda Kigbu has called on stakeholders to deepen partnerships an collaborate with the Ministry and other stakeholders to such end.

Published in Punch Newspaper on Tuesday, 4^th February 2014

Philanthropy: U.S based group donates medical equipment to Imo community

 

Worried by the number of persons suffering from ailments ranging from kidney and liver failures to diabetes and related sicknesses, culminating in disability to walk only with special medical aids, a group of professionals residing in the United States, under the aegis of the Uratta Development

Published in The Guardian Newspaper on Tuesday, 4^th February, 2014

 

MDGs: Why Nigeria may miss MDGs, by FAO expert

 

Nigeria is blessed with enormous spread of inland freshwater and brackish (salty) ecosystems. Although the abundance of water varies with season and year, depending on rainfall, it is common knowledge that the country is home to varieties of water sources spread across various locations from the coastal region to the arid zone.

Published in The Guardian Newspaper on Tuesday, 4^th February, 2014

 

Infrastructure: Nigeria needs N2tm for road network in 4 years

 

The Federal Government yesterday said it needed N2 trillion to achieve sustainable road network in the country by 2018.

Published in The Guardian Newspaper on Tuesday, 4^th February, 2014

 

Infrastructure: Govt plans N100b for Lagos-Ibadan expressway

 

Arrangements have been concluded by the Federal government to issue N100 billion bond to speed the reconstruction og the Lagos-Ibadan expressway.

Published in The Guardian Newspaper on Wednesday, 5^th February, 2014

 

Health: Cancer infects 25m annually

 

The International Agency for Research on Cancer, IARC, has expressed concern over the increase in new cases of cancer, predicting that about 25 million individuals will be infected annually with the disease within the next 20 years.

Published in The Guardian Newspaper on Wednesday, 5^th February, 2014

 

Insecurity: FG seeks Private Sector Partnership

 

The Federal Government has reached out to the private sector, Non – Governmental Organisations (NGOs) and other stakeholders to partner with it in tackling the security challenges in the country.

Published in DailySun Newspaper on Wednesday, 5^th February, 2014

 

Philanthropy: Airtel revisits Cross River School, provides borehole, books

 

One of the leading telecommunications service providers, Airtel Nigeria, that adopted the Presbyterian Primary School PCN 2, Ediba in Abi Local Government Area of Cross River, has again empowered the ediba community school with borehole, and learning materials.

Published in DailySun Newspaper on Wednesday, 5^th February, 2014

 

Industry Pulse: PwC Nigeria appoints new Country Senior Partner

 

Professional advisory, audit, assurance and tax services firm, PricewaterhouseCoopers Nigeria, says it has appointed Mr. Uyi Akpata as its new Country Senior Partner.

Published in DailySun Newspaper on Wednesday, 5^th February, 2014

 

Community Development: 150 cleaners sweep at Techno ‘Talk & Clean’ campaign in Lagos

 

Telecommunications firm, Tecno Telecom Limited, brought over 150 cleaners to participate in its maiden “Tecno Talk & Clean” campaign held at Computer Village, Ikeja, Lagos last week.

Published in The Guardian Newspaper on Wednesday, 5^th February, 2014

 

Infrastructure: ‘Why Ogun’s multi-billion naira power plant is lying fallow’

 

Ogun State government has given reasons why the multi-billion power equipment purchased by the immediate past administration has been lying fallow for the past 31 months.

Published in The Guardian Newspaper on Wednesday, 5^th February, 2014

 

Energy: U.S. to assist in Building Power Distribution, Transmission Capacity in Nigeria

 

United State’s Secretary of Commerce Penny Pritzker is expected to lead an energy business development mission to West Africa, with visit to Ghana and Nigeria.

Published in The Guardian Newspaper on Wednesday, 5^th February, 2014

 

Insurance: Workers  to enjoy life – long health insurance

Executive Secretary of the National Health Insurance Scheme (NHIS), Dr. ‘Femi Thomas has disclosed  that the Scheme is considering the provision life-long health insurance cover for workers enrolled in to its programmes.

Published in The Guardian Newspaper on Thursday, 6th February, 2014

 

MDG: MDG registers 190 OVC in Ebonyi

 

The Millennium Development Goals management on Wednesday registered 190 Orphans and Vulnerable Children (OVC) for its rehabilitation programme in Ebonyi State. 

Published in Daily Independent Newspaper on Thursday, 6^th February, 2014

 

Investment: Investors jostle for Ekiti $3.5m diagnostic Centre

 

No fewer than 12 national and international investors have arrived Ekiti State to participate in the bidding process for the construction of a $3.5 million standard diagnostic centre being proposed by the state government to further improve healthcare service delivery in the State.

Published in Daily Independent Newspaper on Thursday, 6^th February, 2014

 

Education: Firm’s chief seeks introduction of vocational education

 

Executive Vice Chairman of the National Agency for Science and Engineering Infrastructure (NASENI) Mohammed Haruna, says about $96 million would be required to double the agency’s solar capacity from its current 7.5 to 15 megawatts of electricity.

Published in Daily Independent Newspaper on Thursday, 6^th February, 2014

 

Energy: ENI needs $96m to double solar plant capacity to 15mw

Executive Vice Chairman of the National Agency for Science and Engineering Infrastructure (NASENI) Mohammed Haruna, says about $96 million would be required to double the agency’s solar capacity from its current 7.5 to 15 megawatts of electricity.

Published in Daily Independent Newspaper on Thursday, 6^th February, 2014

Education: Firm’s chief seeks introduction of Vocational Education

 

Executive Vice Chairman of the National Agency for Science and Engineering Infrastructure (NASENI) Mohammed Haruna, says about $96 million would be required to double the agency’s solar capacity from its current 7.5 to 15 megawatts of electricity.

Published in Daily Independent Newspaper on Thursday, 6^th February, 2014

 

Health: Group partners to advance Innovation in Healthcare Delivery

 

A Public-Private initiative aimed at leveraging private sector capabilities to improve Nigeria’s health outcomes, Private Health Alliance of Nigeria (PHN), is partnering others to launch the Nigeria Health Innovation Marketplace (NHIM), which aims to identify and develop innovative products, approaches, processes and technologies to meet Millennium Development Goals (MDGs) 4, 5 and 6.

Published in Daily Independent Newspaper on Thursday, 6^th February, 2014

Appointment: Jonathan Appoints New Special Advisers, CEOs for NTA, FRCN, NAN

President Goodluck  Jonathan has approved the appointments of Gen. Martin Luther Agwai as   Chairman of Subsidy Reinvestment Empowerment Programme (SURE-P), while Mrs. Tanwa Olusi, will serve as Deputy Chairman of SURE-P.

Published in ThisDay Newspaper on Friday, 7^th February, 2014

Labour: FG moves to end Poly Strike, Kicks off NEEDS Assessment

As part of efforts to end the ongoing strike by polytechnic lecturers across the country, the federal government yesterday commenced a needs assessment exercise of 66 state and federal polytechnics across the country.

Published in ThisDay Newspaper on Friday, 7^th February, 2014

CSR News Summary Issue 70

Partnership: Keystone Bank partners FRSC on Drivers’ Visual Acuity Campaign

Keystone Bank Limited has gone into collaboration with the Federal Road Safety Corps (FRSC) and the Eye Foundation to support the transport sector.

The initiative is geared towards helping to improve road safety and save lives.

Published in The Guardian Newspaper on Sunday, 1^st December, 2013

Fact: 1.3m people die from road accidents annually

 Mr Albanus Nwachukwu, the Sector Commander of Federal Road Safety Commission (FRSC) in Cross River State, on Friday, said no fewer than 1.3 million people die annually in the world through road crashes.

Nwachukwu made the disclosure in Calabar at the 2013 United Nations Remembrance Day for Road Traffic Crashes victims with the theme ``Let’s Have Roads That Are Safe For All.’’

Published in The Guardian Newspaper on Sunday, 1^st December, 2013

  

Fact: 700,000 people live with HIV/AIDS in Benue

At least 700,000 adults out of the 4.3 million population of people in Benue State are still living with HIV/AIDS, Weekly Trust learnt yesterday.

Of the number which excluded children, only 50,000 persons living positively with the virus are registered with the Benue Network of People Living with HIV/AIDS.

Published in Vanguard Newspaper on Sunday, 1^st December, 2013

Environment: NEMA begins Campaign to Prevent Road Crashes

As part of efforts to stem the tide of road crashes during the ‘ember’ months, the National Emergency Management Agency (NEMA), in collaboration with the Federal Road Safety Corps (FRSC) had a recent two-day exercise on mass casualty handling of road accidents.

Published in BusinessDay Newspaper on Monday, 2^nd December, 2013

Empowerment: Bayelsa sponsors another 250 youths on Vocational Training

As part of the efforts of the government to fight against youth restiveness, about 250 youths in Bayelsa State will undergo a vocational training in cinematography, photography, automobile technology, fashion designing and ICT at the Amachree Royal Academy in Benin Republic.

Published in BusinessDay Newspaper on Monday, 2^nd December, 2013

Agriculture: FG to pump N10bn into Cassava Bread Programme

The Federal Government says it will invest about N10 billion to strengthen various organs that will scale up the supply of cassava flour.

The Minister of Agriculture, Dr Akinwumi Adesina, disclosed this to the News Agency of Nigeria (NAN) in Addis Ababa on Sunday.

Published in BusinessDay Newspaper on Monday, 2^nd December, 2013

Labour: 118,912 Beneficiaries recorded under CSWYE Project

The Minister of Labour and Productivity, Chief Emeka Wogu, has revealed that beneficiaries of the Community Services Women and Youths Employment Project (CSWYE) of SURE-P, have recorded 160,548,400 man hours output by the 118, 912 beneficiaries in the 36 states of the federation, including the Federal Capital Territory.

Published in Punch Newspaper on Monday, 2^nd December, 2013

Agriculture: WACOT moves to Boost Rice Production in Kano

 

The West African Cotton Company Limited (WACOT), in a bid to complement the federal government’s effort to improve rice production in the country, has organised a Farmers’ Field Day in Chiromawa, Kano State.

Published in BusinessDay Newspaper on Monday, 2^nd December, 2013

Appointment: AshakaCem appoints new MD/CEO

The board of Ashaka Cement Plc ( ASHAKACEM ) has announed the resignation of its Managing Director/Chief Executive Officer, Mr. Neeraj Akhoury, and the appointment of Mr. Leonard Palka as the new Managing Director/Chief Executive Officer with effect from October 14, 2013.

Published in BusinessDay Newspaper on Monday, 2^nd December, 2013

Investment: Palm Oil N100bn Investment to create 50,000 jobs

PZ Wilmar Ltd has disclosed that its N100 billion investment in Nigeria’s palm oil industry will generate over 50,000 jobs in the economy.

Published in Punch Newspaper on Monday, 2^nd December, 2013

 

Health: HIV/AIDS remains serious challenge - NACA

 

The Director-General of National Agency for the Control of AIDS, Prof. John Idoko, on Monday in Abuja declared that the HIV/AIDS pandemic had defied all kinds of scientific solutions.

Published in Punch Newspaper on Tuesday, 3^rd December, 2013

 

Agriculture: Rice Scarcity imminent as Importation drops

 

The price of rice is rising steadily ahead of the festive season. Investigations by our correspondent on Monday showed that the rise was between 31 per cent and 36 per cent.

Published in Punch Newspaper on Tuesday, 3^rd December, 2013

 

Corporate Governance: Nestle MD advocates strong governance for Organisational Growth

 

The Managing Director, Nestlé Nigeria Plc, Mr. Dharnesh Gordhon, has stressed the importance of strong and effective governance for the growth and success of companies.

Gordhon said this in Lagos on Monday when he led members of the company’s management on a courtesy visit to the Nigerian Stock Exchange.

Published in Punch Newspaper on Tuesday, 3^rd December, 2013

 

Sustainable Development: Government seeks partnership on industrial growth

 

To aid industrialization in Nigeria and the rest of Africa, the Permanent Secretary in the The Federal  Ministry of Trade and Investment, Dauda Kigbu has called on stakeholders to deepen partnerships an collaborate with the Ministry and other stakeholders to such end.

Published in The Guardian Newspaper on Wednesday, 4^th December, 2013

 

Agriculture: SON seeks collaboration with other regulators to boost non – oil export

The Standards Organisation of Nigeria (SON) has concluded plans to collaborate with other regulatory agencies to raise the standards of export produce.

Published in The Guardian Newspaper on Wednesday, 4^th December, 2013

Investment: Oando Energy invests $450m on Local Content Development

 

Oando Energy Services Limited (OESL), an indigenous provider of energy services to exploration and production companies in Nigeria, has since 2004 invested $450 million in the development of local content capacity.

Published in The Guardian Newspaper on Wednesday, 4^th December, 2013

 

Investment: Africa needs $300b investment to meet energy target, says GE boss

 

General Electric (GE) Africa has promised to continue to open doors for private energy companies in the continent to boost power generation, as it estimated that Africa would require about $300 billion investment to meet its energy target. Published in The Guardian Newspaper on Wednesday, 4^th December, 2013

 

Infrastructure: Lagos needs $50b to fix infrastructure, says Fashola

 

The Infrastructure need of Lagos State for the next decade is estimated at $5 billion yearly, Governor Babatunde Fashola has said.

Published in Vanguard Newspaper on Wednesday, 4^th December, 2013

 

Infrastructure: Osun spends N2bn on waterways expansion

 

Osun State Government has in the last three years spent about N2 billion to expand water ways in the state to prevent the personal flooding ravaging the state.

Published in Vanguard Newspaper on Wednesday, 4^th December, 2013

 

Philanthropy: Foundation boosts hospitals, orphanages in Delta with beddings

 

African Child Foundation has donated hospital beddings to selected hospitals and orphanage homes in Delta State as part of its activities to mark the end of the year.

Published in Vanguard Newspaper on Wednesday, 4^th December, 2013

 

Education: Microsoft to provide 450 schools with ICT Education

 

Microsoft Nigeria and the Anambra state government have signed an agreement to provide the state's schools with ICT education.

Published in Vanguard Newspaper on Wednesday, 4^th December, 2013

 

Labour: NITDA targets 100,000 jobs via outsourcing

 

As part of initiatives to fulfil it mandate, the National Information Technology Development Agency, NITDA says over 100,000 jobs will be created in the country annually through Information Technology, IT outsourcing sector. 

Published in Vanguard Newspaper on Wednesday, 4^th December, 2013

 

Investment: Nigeria to Boost Power in 3 States with $100m Investment

Nigeria on Wednesday approved a loan of N15.7 billion (about $100 million) from the Indian Import Export Bank to boost power supply in three of its 36 states.

Published in Daily Independent Newspaper on Thursday, 5^th December, 2013

 

Sustainable Development: Nigeria Becomes Africa’s Biggest Cement Maker

Nigeria has overtaken South Africa as the biggest cement manufacturer in sub-Saharan Africa (SSA), as a result of growing demand and favourable government regulations in Africa’s second largest economy, according to a Renaissance Capital research.

Published in Daily Independent Newspaper on Thursday, 5^th December, 2013

 

Economy: Cross River Economy worth N1.28tr in 2011

The National Planning Commission has disclosed that the Gross Domestic Product (GDP) for Cross River State in 2011 stood at N1.28 trillion.

Published in Daily Independent Newspaper on Thursday, 5^th December, 2013

Environment: Uduaghan wants regulatory agencies to sanction oil firms

Delta State Governor, Dr. Emmanuel Uduaghan, has lauded the recent report by Amnesty International which further traced the persistent wide spread oil spill in the Niger Delta region to the activities of the International Oil Companies.

Published in Daily Independent Newspaper on Thursday, 5^th December, 2013

Philanthropy: Foundation screens, treats 3,086 babies free

The ANU Dosekun Healthcare Foundation, a Non-government Organisation (NGO) based in Lagos has given free jaundice screening to 2,975 babies and treated 111 babies since 2011.

  

Published in Daily Independent Newspaper on Thursday, 5^th December, 2013

Energy: N50b for Electricity Firms to boost Power

Owners of the Electricity Generation Companies (GENCOs) are to get a N50 billion prop from the Federal Government which is desperate to expand electricity generation.

Published in National Mirror Newspaper on Friday, 6^th December, 2013

Labour: Settlement of Labour Liabilities Gulps N609.4 Billion

The Director General of the Bureau of Public Enterprises, Mr Benjamin Dikki, has revealed that the federal government has spent about N609, 398,074,485.63 in settlement of labour liabilities in privatised public enterprises between 2000 and 2013.

Published in National Mirror Newspaper on Friday, 6^th December, 2013

Health: Lagos to screen 100,000 for Cancer, Hypertension, Diabetes

Lagos State Government yesterday said it would screen 100,000 residents for diabetes, hypertension, cancer and other Non-Communicable Diseases, NCDs, in all the 57 Local Governments, LGs, and Local Council Development Areas, LCDAs, in the state.

Published in National Mirror Newspaper on Friday, 6^th December, 2013

 

Agriculture: Federal Government of Nigeria sets to Eradicate Importation of Rice

 

There is a strong indication that the Federal Government may soon place total ban on importation of rice, fish and other food items into the country.

Giving the hint in Lagos, the Senior Technical Adviser to the Minister of Agriculture and Rural Development; Dr Niyi Odunlami, said that government was desirous of stopping the importation of rice, fish, wheat and tomatoes.

Published in National Mirror Newspaper on Friday, 6^th December, 2013