NIGERIA Invest in 2012-13 - Newsdesk Media
NIGERIA Invest in 2012-13 - Newsdesk Media
NIGERIA Invest in 2012-13 - Newsdesk Media
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BAT Nigeria has cont<strong>in</strong>ued to <strong>in</strong>vest <strong>in</strong> technological developments at the Ibadan plant<br />
• As at end of 2011, 108 community projects<br />
have been executed <strong>in</strong> the 36 states of the<br />
Federation and the Federal Capital Territory;<br />
• At November 2011, 75 students have<br />
obta<strong>in</strong>ed scholarships to study agriculture<br />
and related discipl<strong>in</strong>es under the BAT<br />
Nigeria/BATIA (British American Tobacco<br />
Isey<strong>in</strong> Agronomy) scholarship scheme;<br />
• Capacity-build<strong>in</strong>g workshop was organised<br />
for scholarship awardees <strong>in</strong> partnership<br />
with the Fate Foundation;<br />
• As part of our CSR <strong>in</strong>itiatives, $170,000 has<br />
been committed to the University of Lagos,<br />
<strong>in</strong> partnership with USAID and Kansas<br />
State University, to enhance the academic<br />
curriculum of the Faculty of Bus<strong>in</strong>ess<br />
Adm<strong>in</strong>istration <strong>in</strong> specific areas.<br />
It is often believed that, with the technical<br />
knowledge and rapidly <strong>in</strong>creas<strong>in</strong>g <strong>in</strong>terests<br />
of many corporations <strong>in</strong> build<strong>in</strong>g susta<strong>in</strong>able<br />
markets, corporate organisations can assist<br />
governments <strong>in</strong> emerg<strong>in</strong>g economies <strong>in</strong><br />
develop<strong>in</strong>g socioeconomic sustenance,<br />
particularly at the rural level.<br />
By listen<strong>in</strong>g to the expectations of our<br />
stakeholders <strong>in</strong> successive dialogue sessions,<br />
BAT Nigeria as an organisation and a bus<strong>in</strong>ess<br />
realised that one of the most important social<br />
<strong>in</strong>terventions required from a bus<strong>in</strong>ess such<br />
as ours is the provision of voluntary f<strong>in</strong>ancial<br />
and technical support for the development of<br />
citizens and communities <strong>in</strong> which we operate.<br />
Economic contributions<br />
• Total tax payment as at the end of 2011<br />
totalled N 158.2 billion;<br />
• Facilitation of the FDI of NAMPAK Limited<br />
<strong>in</strong> Nigeria. NAMPAK Limited <strong>in</strong>vested<br />
$34 million <strong>in</strong> the country by build<strong>in</strong>g a<br />
pr<strong>in</strong>t<strong>in</strong>g and packag<strong>in</strong>g plant <strong>in</strong> Ibadan;<br />
• Capacity-build<strong>in</strong>g programmes for the<br />
Nigerian customs, CPC and SON <strong>in</strong><br />
support of the fight aga<strong>in</strong>st illicit trade;<br />
• Other capacity-build<strong>in</strong>g programmes<br />
<strong>in</strong>clude support to EFCC, NIPC, NOTAP,<br />
Nigerian Immigration Service, M<strong>in</strong>istry of<br />
Commerce, M<strong>in</strong>istry of F<strong>in</strong>ance, Nigerian<br />
Copyright Commission, and the <strong>in</strong>tellectual<br />
Property Lawyers Association;<br />
• The company’s ‘Proudly Nigerian’<br />
campaign was launched <strong>in</strong> 2002 to<br />
co<strong>in</strong>cide with Nigeria’s drive for greater<br />
<strong>in</strong>ternational visibility and appreciation,<br />
follow<strong>in</strong>g the country’s return to<br />
democratic governance;<br />
• We directly employ about 850 full-time<br />
staff across the country. Each summer<br />
Advertisement<br />
we also hire up to 400 temporary staff<br />
for leaf process<strong>in</strong>g. We have 850 farmers<br />
on contract, 400 employed via bus<strong>in</strong>ess<br />
partners <strong>in</strong> direct distribution and other<br />
services, and we also buy goods from<br />
about 610 local companies.<br />
In addition to this, a large number of<br />
wholesalers and retailers are known to<br />
derive some <strong>in</strong>come from the sell<strong>in</strong>g of<br />
legal, regulated, tax-paid tobacco products.<br />
The Nigerian community seeks <strong>in</strong> many<br />
ways to encourage the private sector to<br />
volunteer its resources to fight poverty.<br />
BAT Nigeria’s performance <strong>in</strong> this regard<br />
has been widely appreciated and applauded<br />
by stakeholders.<br />
For more <strong>in</strong>formation, visit:<br />
www.batnigeria.com<br />
Tel: +234 1 4617500-2<br />
Fax +234 1 4617515