- BUA Donates N4.9bn to Support Govt’s Efforts Against COVID-19
BUA Group, the second-largest cement manufacturer in West Africa, has donated a total sum of N4.9 billion since coronavirus first broke out in Nigeria.
In a letter released by the Group and obtained by Investors King, the Group said after reviewing COVID-19 situation in the country, especially Kano State, it has decided to donate an additional N3.3 billion to support the fight against the deadly disease.
This amount is in addition to the N1 billion previously donated to private sector coalition, CA-COVID, and N600 million disbursed to various states. Bringing the total amount donated by the BUA Group so far to N4.9 billion.
Abdul Samad Rabiu, the founder and chairman, BUA Group, said “I view with deep concern, the increased rate of spread of the Coronavirus especially in Kano and Lagos despite concerted collective efforts to curb the spread and effects of the virus in Nigeria. I also wish to commend the leadership shown by the taskforce as well as the NCDC in this fight. However, we all know more needs to be done.
“Based on what is going on especially in Kano at the moment, we have decided in the immediate, to commit a 3.3 billion Naira grant to a working group made of the Presidential Taskforce, NCDC and other stakeholders in equipping 2 existing permanent facilities in Kano and Lagos States – whilst collaborating with the teaching hospitals in those states.”
The total number of COVID-19 confirmed cases rose to 1182 on Saturday 25th of April, 2020, up from about 42 a month ago. Suggesting that the pace of spread has increased exponentially in recent weeks.
Total deaths jumped from 2 a month ago to 35 on Saturday, explaining why BUA Group is making an additional donation.
Below is the chairman’s statement.
FG Introduces NEXIT Portal for Npower Batch A and B Beneficiaries
The Federal Government has introduced a new online portal for exited Npower beneficiaries of batch A and B.
According to the Minister for Humanitarian Affairs, Sadiya Farouq, the portal was launched in collaboration with the Central Bank of Nigeria (CBN) to enable exited Npower beneficiaries apply for available federal government empowerment options.
This was disclosed in a statement issued by Nneka Anibeze, the media aide to the minister, on Friday.
The ministry said the NEXIT portal will be used to determine the suitability of exited beneficiaries for various CBN-affiliated programmes.
She explained that selection will be based on the conditions and criteria set by the apex bank.
Ms Farouq, therefore, urged interested exited Npower beneficiaries to log on to the NEXIT portal and provide the required additional information for possible placements into central bank’s intervention options.
“The Minister expressed her deep appreciation to the CBN Governor Mr Godwin Emefiele CON for his support adding that the Ministry of Humanitarian Affairs remained committed to the vision of Mr President to lift 100 million Nigerians out of poverty in the next 10 years.
“Minister Umar Farouq pledged the Ministry’s willingness to collaborate with relevant agencies of government and other stakeholders towards the realization of that vision and congratulated the exited beneficiaries while wishing them well in their future endeavours.
“The Federal Government of Nigeria is very proud of the milestones you have achieved during your period of service to the nation. As we prepare to exit into prospective endeavours.”
Ellah Lakes Partner Ondo State Government to Develop Oil Palm, Cassava in the State
The management of Ellah Lakes Plc said it has partnered with Ondo State Government to develop and manage 5000 hectares of land for the purpose of cultivating oil palm and cassava in Ondo State, Nigeria.
The company stated in a statement signed by Kenechi Ezezika, Company Secretary, Ellah Lakes Plc.
Speaking on the development, the Chief Executive Officer, Chuka Mordi said: “This is a significant landmark for the Company in the development of our landbank, & we are very excited to be working with ODSG.
“I am delighted that we are fulfilling our strategic objective of progressively expanding our land bank & diversifying our portfolio and production base. I am also glad to say that the intercropping programme in Edo State is progressing steadily & we have achieved our first milestone of 100Hectares of Cassava with the participation of personnel of the Agricultural Development Program (ADP), in Edo State”.
The Special Adviser on Development & Investment to the Ondo State Governor/ Chief Executive Officer of Ondo State Development and Investment Promotion Agency (ONDIPA), Mr. Akinboye Oyewumi, who also spoke on the development said: “We are pleased with this collaboration with Ellah Lakes Plc., and we look forward to a mutually beneficial, valuable and fruitful venture.”
Unilever Nigeria Appoints Mr Jaime Aguilera as a Non-Executive Director
Unilever Nigeria Plc announced it has appointed Mr. Jaime Aguilera as a Non-Executive Director of the company effective from January 2021.
The company stated in a statement filed with the Nigerian Stock Exchange.
Mr Jaime Aguilera worked with Coca-cola, Nestle and Procter & Gamble before joining Unilever as Executive Vice President Unilever Eastern Europe in September 2016.
Therefore, his experience spans from Europe, Americas and Asia.
His key expertise areas are “in Sales & Marketing and he has lead teams in Spain, Brazil, South Eastern Europe, Middle East, Mexico and Global teams.
“In 2009, he joined Unilever Spain as EVP & Chairman and then moved to his current role as Unilever Executive Vice President Africa, leading the Unilever business in Africa. Jaime is of Spanish origin and is an alumnus of the Universidad Pontificia de Comillas- ICADE. Jaime majored in Economic Sciences, Management & Business Administration.”
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