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Ambode Lauds Nigerian Breweries’ Investment Drive, Job Creation

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100,000 MSMEs
  • Ambode Lauds Nigerian Breweries’ Investment Drive, Job Creation

The Lagos State government has commended Nigerian Breweries Plc’s investment drive in job creation, reaffirming the State’s commitment to providing the enabling environment for businesses to attract both local and foreign investments into the country.

The Governor, Lagos State, Akinwunmi Ambode, explained that Nigeria needs investment such as this to complement the efforts of federal government in bringing down the double digit unemployment rate in Nigeria.

The Governor during a courtesy visit to Nigerian Breweries to acquaint himself with the company’s operations, also lauded the company for its investments in Corporate Social Responsibility (CSR), maintaining that this is the way to go to attain the Sustainable Development Goals (SDGs)to end poverty, fight inequality and injustice and tackle climate change by 2030.

According to him, the company has done more in terms of CSR more than any company in Lagos State, adding that Nigerian Breweries has also contributed immensely to the growth of the State in terms of job and wealth creation.

He said the company’s move into cassava production as an alternative for sugar is a welcome development, pointing out that it is in line with the present administration’s effort to diversify the country’s economic revenue away from oil.

“We need to revive the economy and the only way we can reactivate the economy is through non-oil resources. We will continue to support you in every way we can in order to boost your investments across the country. This visit marks a new beginning of many more partnerships to come,” HE SAID.

Earlier, the Chairman, Nigerian Breweries Plc, Mr. Kola Jamodu, said the company has evolved into 10 operating breweries, two malting plants, 19 brands and 54 Stock Keeping Units (SKUs) and currently employs about 4000 people supporting over 500,000 jobs nationally.

“This includes 250,000 farmers working in our sorghum and cassava value chain. These include ancillary industries, entertainment and the likes,” he said.

He called on the state government to improve on the infrastructural facilities hindering investment, however commended the Governor’s development strides in road construction, improvement in security and support for the industry.

He said since it started operations in 1946 and brewed Nigeria’s first and leading beer in 1949, the company is proud to be in Lagos, adding that the State occupies a special place in the heart of the company.

“That commitment has driven our CSR footprints over the years. Our company has made several outstanding contributions towards the development of both human and infrastructural upliftment of the State. We have invested in projects focused on education, health and security,” he said.

The Technical Director, Nigerian Breweries Plc, Mr. Henk Wymenga, added that the company is committed to winning with Nigeria, stating that the company’s core values are tied around respect, enjoyment, passion for quality and performance.

He said the company’s investments in the country are focused on boosting local content on areas where Nigeria has competitive and comparative advantages, investing in human capacity development and CSR, creating direct and indirect employment and boosting shareholders confidence and dividends.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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Oyo State Budgets N330M Monthly To Support Community Policing In LGAs

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Governor Seyi Makinde of Oyo State

Oyo State Governor, Seye Makinde has said that the state has set aside a monthly budget of N330 million to be spent on security across the 33 local governments in the state.

The governor who disclosed this in Ibadan said each local government in the state is expected to spend N10 million to support the security of lives and property in their domain.

He said part of the measures was the instruction to local government chairmen to involve traditional rulers as well as other voluntary residents in policing their areas.

Each local government is to spend N10 million monthly on this security arrangement.

Makinde explained that the initiative amounts to spending N330 million in the 33 local government areas, besides other efforts the state government had put in place to tighten security.

“We said each local government should set up a security committee, which should include traditional rulers and voluntary people willing to police their areas.

“I encouraged them to budget N10 million to service the committee every month. For the entire state, that’s N330 million per month by all local governments, excluding what we are doing generally at the state level,” the governor told a group on a visit to him during the recent Muslim festival.

“On security, most of the data in the past months shows that things are now improving. The Igangan incident, some days ago, was only falsified by some people who were saying that Fulani herdsmen had invaded Igangan again. The truth is actually about the NCS and smugglers. They know each other.

“Customs officials were accused to have entered Igangan, which is not a border town. But we are working with Federal authorities and they have arrested most of them.

“The gun that was collected is still with us. I said I won’t release it until I get the attention of the Federal authorities.

“In the Constitution of Nigeria, Oyo State is a federating unit. We are not saying Federal agencies should not carry out their operations here. But they must tell us; they must inform us. They may not disclose the details of the operation to us, but we must know about it.

“If we had known about the operation, we would have pre-informed the security detail in the town and those who died could have been alive. The Amotekun Coordinator that died in Igboora would have still been alive today.

“How can you go operating in an unidentified vehicle in a town where the security tactics have been heightened? As they wanted to enter the town, they were confronted because we have heightened security in all of those places.

“So, we will keep appealing to them and to our people that false information won’t help anybody. Nobody will profit politically from the security issues we are faced with. It is our collective responsibility. The people will play their part and the government will play its own part,” Makinde said.

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Security Operatives Arrest Sunday Igboho in Cotonou, Benin Republic

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The security operatives in Cotonou, Benin Republic have arrested Yoruba freedom fighter, Sunday Adeyemo, popularly known as Sunday Igboho.

An anonymous source privy to the arrest disclosed on Tuesday morning.

According to the source, Sunday Igboho was arrested in Cotonou while trying to travel to Germany from the West African nation.

President Buhari-led administration is now working with the Benin government to repatriate him to Nigeria.

The source said, “Sunday Igboho has been arrested in Cotonou. He was arrested about an hour ago.

“He was supposed to travel to Germany through Cotonou this night. He wanted to leave Africa through Cotonou. He was arrested by security operatives in Cotonou.

“They are planning to bring him back to Nigeria.”

It would be recalled that the Department of State Services had declared Igboho wanted after its operatives carried out a bloody midnight raid on his residence in the Soka area of Ibadan, Oyo State.

DSS Public Relations Officer, Peter Afunnaya, had advised Igboho to turn himself in to the nearest security.

“Those cheering and eulogizing him may appeal to or advice him to do the needful,” Afunnaya said. “He should surrender himself to the appropriate authorities. He or anyone can never be above the law.”

Pelumi Olajengbesi, one of the lawyers representing Igboho and others arrested in his House, told SaharaReporters he had not confirmed the news of Igboho’s arrest in Cotonou.

“I will contact Yomi Aliu (SAN) to verify the news,” he said.

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IOM Ethiopia Appeals for USD 40 Million to Assist Additional 1.6 Million People in Northern Ethiopia

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Northern Ethiopia - Investors King

Nearly two million people affected by the crisis in northern Ethiopia desperately need life-saving assistance, including water, medicine and shelter, the International Organization for Migration (IOM) said today as it issued an urgent appeal for USD 40 million to help internally displaced men, women and children, including newborn babies. 

Since the outbreak of the conflict eight months ago in Ethiopia’s Tigray Regional State, millions of people are enduring unimaginable suffering, including forced displacement, hunger, death, and destruction of private and public property.

In Tigray, IOM has been providing support to more than half a million people, including displaced children, women, men, and vulnerable groups such as pregnant women and persons with disabilities. This includes shelter and provision of essential items such as food, water, clothing, medicine and supplies for babies, as well as sanitation and hygiene services.

IOM has also been supporting camp coordination and management efforts, providing mental health care to those in need, and producing Displacement Tracking Matrix (DTM) reports to shed light on the evolving situation.

Nearly USD 70 million (USD 69.3M) is needed to respond to the needs of internally displaced populations in northern Ethiopia but only USD 28.7 million has been received this year. IOM needs an extra USD 40.6 million for the remainder of 2021 to be able to continue and further expand its response to help the displaced.

“The nearly two million people displaced by this crisis continue to live in inhumane and undignified conditions and require critical and urgent support,” said Maureen Achieng, IOM Chief of Mission to Ethiopia and Representative to the African Union and UNECA. “IOM Director General António Vitorino said it before, and we say it again: we must act without delay to meet the needs of people in the region.”

The situation in Tigray remains volatile. In partnership and coordination with other UN agencies, IOM is committed to delivering life-saving humanitarian assistance, to continue reaching people in need. IOM is planning to significantly scale up response programming and increase the deployment of senior IOM staff in the region despite the severe shortage of funding.

IOM’s response is aligned with the Inter-Cluster Coordination Group’s (ICCG) – a cooperative effort among sectors and the Humanitarian Country Team to improve the national response – Northern Ethiopia Response Plan, which estimates that 5.2 million people are in dire need in the worst-case scenario of this escalating humanitarian crisis.

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