BusinessDay 22 Oct 2017

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Sunday 22 October 2017 28 BD SUNDAY PhotoSplash L-R: Ayo Oluwatosin, group managing director, Rosabel; John Harris, president and chief executive officer of Worldwide Partners; Lisa Kettman-Kervinen, executive director of EMEA, Worldwide Partners and Ayo Kupoluyi, managing director, Media Seal, at the WPI global agency summit in Paris, France recently. Mabel George, vice president, business development division, Sigma Pensions, deliver his Paper at the Sigma Pensions Desk Officers Forum in Pentonrise Center Bodija Ibadan. L-R: Bharat Soni, CISO, GTBank Plc; Adedoyin Odunfa, MD/CEO, Digital Jewels Ltd; Nsuhoridem Okon, head, IT Strategy CBN and Gboyega Dada, group CIO Stanbic IBTC at the Digital Jewels Q4 Information Value Chain Breakfast forum (69th Session) in Lagos. L-R: Felicia Obozuwa, divisional head, corporate services, First City Monument Bank (FCMB); Idiat Adebule, Deputy Governor, Lagos State; Obafela Bank-Olemoh, special adviser to the governor on education, and, Sola Oyegbade, head, training academy, FCMB, during the graduation ceremony of the Ready Set Work (RSW) entrepreneurship empowerment programme for youths in partnership with FCMB in Lagos State. L-R: Girish Sharma, COO, Dufil Primq Foods Plc; Bentsi Enchill Kobby, executive director, Stanbic IBTC Capital Ltd; Olarenwaju Oluwafemi, winner, 2017 Indomie Independence Day Awards (IIDA) Social Bravery, and Abubakar Jimoh, MD/CEO, Coronation Bank, at the 2017 Indomie Independence Day Heroes Awards ceremony in Lagos. Udeme Ufot, Group Managing Director, SO&U with Moray Maclennan, CEO of M&C Saatchi Worldwide at the meeting of M&C Saatchi Africa Network in Cape Town, South Africa recently James Ilori, chief executive officer of First City Asset Management (FCAM) Limited, (r), receiving on behalf of the Company the award of ‘’Best Managed Fund in Equity’’ from the Jumoke Oduwole, senior special assistant to the president on industry, trade and investment, during the BusinessDay Banking Awards ceremony held in Lagos. L-R: Adenike Adebola, marketing and innovation director, Guinness Nigeria PLC; Christine Ogbeh ,MD/CEO, Quorum West Africa; Viola Graham-Douglas, corporate relations director, and Nnamdi Nnake, new channel development manager, both of Guinness Nigeria PLC, during the relaunch of Guinness Nigeria Party Serve in Lagos.
Sunday 22 October 2017 BD SUNDAY 29 SundayBusiness PPP initiative will restore forestry sub-sector for greater productivity, says Akeredolu Yomi Ayeleso Akure Ondo State Governor, Oluwarotimi Akeredolu (SAN), has said that his administration’s Public-Private Partnership (PPP) initiative was meant to restore the forestry subsector of the state for greater productivity. He explained that the PPP initiative was planned to stop the activities of encroachers, illegal loggers and Indian hemp growers in the state. Akeredolu lamented that the state afforestation project, which he said used to be a centre of attraction for both local and foreign interest groups, is now in a sorry state. The governor expressed the concern during the flagoff ceremony of the planting of teak/gmelina seedlings by the West Africa Forest Plantations Limited at the Ondo State Afforestation Project in Ore, Odigbo Local Government Area of the state. He said: “The state of our forest confirms deliberate acts of omission or commission, on the part of those whose responsibility it is to ensure and promote the preservation of the environment, have resulted in vast devastation of the forest reserves. “Our administration has resolved to seize the gauntlet by taking a courageous step to halt the relentless despoliation of our common heritage by some mindless persons. “The need to privatise Ondo State Afforestation project becomes inevitable in order to avert dire consequences for the environment. “The vast devastation, occasioned by flitching, encroachment and other vices, currently going on in the project, has become unbearable to our administration. We are determined to put a stop to this unpatriotic act.” Akeredolu added that the development of the environment for the benefit of the people was the reason behind all his administra- R-L: Rotimi Akeredolu and Roy Fredricks at the meeting tion’s decisions. “We shall remain focused and courageous in the discharge of this sacred mandate,” he said. The governor stated that his administration’s partnership with Wewood Limited and West Africa Forest Plantations Limited for the afforestation project would, among others, lead to gmelina/teak development, pulp and paper manufacturing, integrated agricultural food production and fish farming, employment generation; and wood processing and furniture production. Akeredolu, therefore, asked the management of the West Africa Forest Plantations Limited, led by Mr. Roy Fredricks, to be faithful to the terms and conditions of the Memorandum of Understanding the company signed with his administration for the revitalisation of the afforestation project. He warned that anything done to the contrary would not be tolerated. “We remain keenly interested in the activities of our partners with specific regard to redemption expectation,” the governor added. Fredricks while giving his remark promised that West Africa Forest Plantation Limited would not neglect its Social Corporate Responsibility to the communities.He revealed that his company planned to provide portable water, health care centers and access roads for the benefit of the host communities ‘Future generations require right skills set to boost career prospect’ Kelechi Ewuzie UAC Nigeria Plc says it has for a decade committed resources toward impacting students with soft and hard skills across several government secondary schools in Lagos State, through its Free Weekend Classes organised as part of the Goodness League initiative. Joe Dada, executive director, corporate services UAC while speaking during the closing ceremony of the 2017 UAC of Nigeria Goodness League initiative in Lagos said the initiative was set up ten years ago as a Corporate Social Responsibility Initiative to supplement government’s efforts in addressing the ills of the education sector. The company was gravely worried by the falling standards of education in the country and fully aware that the progress a nation makes is heavily linked and interwoven to the progress such a nation makes in education. “Education must not only be available and accessible but also acceptable and adaptable. The factors that hinder quality education in Nigeria are well known, multi-varied and bear no need repeating here, suffice to reiterate that a lot of work still needs to be done in finding sustainable solutions to the problems of the sector. “This is our modest contribution to joining forces with other stakeholders in uplifting the standards of education in Nigeria. The programme was conceived to not just impart knowledge but more importantly inspire future generations to rise to the pinnacle of their career and have the best out of life,” Dada added. In the words of Larry Ettah, Group Managing Director/Chief Executive Officer UAC of Nigeria PLC, “Each generation should be an improvement from the previous one and that the son of an okada rider (commercial motorcyclist) must not also end up as okada man. L-R: Hakeem Ogunniran, managing director, UPDC Plc; Godwin Samuel of Abibat Mogaji Secondary School, the Most Outstanding student; Olufolayimika Abiose Ayandele,Tutor General/Permanent Secretary, Educational District One, and John Gradidge, finance director, MDS Logistics at the closing ceremony of UAC Goodness League Free weekend classes in Lagos, recently. Presidential initiative: FG, C’River partner on agric/industrial development MIKE ABANG Calabar The Federal Government has agreed to partner with the Cross River State government to develop the agricultural sector and to help attract investors to the state, in accordance with the Presidential initiative on Niger-Delta Agricultural and Industrial development, says the Minister of Niger Delta Affairs, Usani Uguru Usani. The Minister, who flagged off the Presidential Initiative on Niger Delta Agricultural and Industrial Development in Calabar, said the Federal Government was working with states to ensure that the country moved away from dependence on oil. Usani, who appealed to investors to consider Cross River State for investment in the agricultural sector, assured that the government at the centre would work with the state to provide needed facilities which, according to him, will engender agricultural and industrial revolution. “We are ready to work with the state government Edo executes 57.82 km road networks in 11 months IDRIS UMAR MOMOH, Benin Edo State government said it has so far constructed and rehabilitated a total of 57.892 Kilometres of inter and intracity roads across the state in the last eleven months. Osahon Amiolemen, the state commissioner for Infrastructure made the disclosure during the presentation of the activities and achievements of his ministry to the State House of Assembly. Amiolemen, who said the roads spread across the three senatorial districts of the state , noted that they range from single to dual carriage lanes. He said the roads which connects communities, towns and villages were geared towards boosting the socio-economic activities of the communities. He also added that about 255.623 Kilometres of roads were ongoing and at various stages of completion while 67 roads have been designed and awaiting procurement to ensure that the agricultural sector is developed to the extent that investors will have value for their money. The Federal Government’s agricultural programme is yielding results and the country is exporting a number of agricultural products,” he said. The Minister assured the state government of his desire to help woo investors into the state, hoping that with the peaceful atmosphere prevailing in the state, investors will seize the opportunity to invest in various areas of the economy. processes. The commissioner however, attributed paucity of funds as a major constraint hindering the performance of the ministry in road construction. “We still have constrained in financing indebtedness. We have submitted some certificates. Some have been treated and some have not been paid. We are indebted in that way. Looking at the number of roads we are supposed to do with the budgetary provisions in 2017.
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BusinessDay 22 Oct 2017

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