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Closure Of Dangote Cement Factory By Kogi Govt, Shocking, Hasty – NACCIMA, LCCI, ACCI

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Closure Of Dangote Cement Factory By Kogi Govt, Shocking, Hasty - NACCIMA, LCCI, ACCI

Urge truce by BPE, NIPC

Olushola Okunlade Writes

Organised Private Sector (OPS) operators under the aegis of the National Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA) have berated the Kogi State government over the closure of Dangote Cement, Obajana Plant, describing the action as being hasty.

This is just as Lagos and Abuja branches of the Chamber in separate statements described the action of the state governor, Yahaya Bello as “shocking and disappointing” at the least, regretting that for every day the factory is shut, millions of naira are lost and the reputation of Kogi state takes a negative hit.

NACCIMA expressed regret that the issues between the company and the state over tax disputes ought not to have led to the sealing of the company but should have been resolved in a conciliatory and amicable atmosphere.

The body, in a statement signed by its Director-General, Olusola Obadimu, and issued in Lagos, said the state government should have trodden a path of caution and called for the immediate reopening of the factory for normal production activities to resume.

Obadimu stated that NACCIMA’s position was based on some key considerations bordering on the impact of the factory’s closure on the economy and thousands of people whose means of livelihood depend on the production activities of the factory.

“It is vital to note that it is a huge production plant that supplies key domestic input (cement) into the economy and employs hundreds of thousands of Nigerians, directly and indirectly. This is aside from its substantial budget for corporate social responsibility outside of taxes.

“Shutting off the factory does not necessarily help the controversial issue of compliance on tax remittable to the Kogi State government. Rather a continuous operation of the plant would more likely facilitate a faster resolution of the dispute,” he said.

The NACCIMA boss then urged that the factory be reopened as quickly as possible to enable it to continue its operation and fulfill its necessary responsibilities, not just on tax obligations, but also keep the hundreds of thousands of Nigerians in its direct and indirect employment dutifully engaged; while sustaining its crucial services not just to the people and government of Kogi State but Nigeria in general.

The LCCI, in its statement signed by its Director General, Dr. Chinyere Almona said the attack on the cement factory reflected the poor handling of investment protection issues in the country.

The Chamber said it believed there are more decent ways to handle regulatory and legislative matters concerning businesses in Nigeria than resorting to violence. According to the Chamber, the invasion of the Dangote Cement Factory by youths that led to the shooting of factory workers is unfortunate, ill-construed, and avoidable.

“We advocate a win-win situation for businesses and the government. We will therefore call on all parties to exercise caution and be protective of jobs, assets of production, and government revenues from corporate organisations like Dangote Cement Factory”, she added.

The LCCI boss noted that the Federal Government and Kogi State Government had hitherto benefited from business revenues and social investments, and added that, “It is therefore expected that the government would be interested in creating an enabling business environment that can attract both local and foreign investors. And where there are infractions, handling such should be in accordance with best practices and the rule of law that protect investors’ rights and human lives.”

The body, therefore, called for a meeting of all government agencies connected with the acquisition of the cement plant to resolve any differences thereof. This process, it said, “can be taken without necessarily shutting down the factory and endangering jobs, products, and government revenues. This point is critical as wrong handling or unprofessional approaches to resolutions can send negative signals to potential foreign investors.”

The Chamber noted that the growing mining industry in Kogi State has benefitted from the production activities of the Dangote Cement Factory, which offers both infrastructural and Corporate Social Responsibility (CSR) projects to enhance the standard of living in the State.

“We see a role for the Presidential Enabling Business Environment Council (PEBEC), the Bureau of Public Enterprises (BPE), the Nigeria Investment Protection Commission (NIPC), and the Kogi State Government in resolving this issue. We, therefore, expect to see a swift intervention by these agencies toward a win-win resolution”, LCCI advised.

The Abuja Chamber of Commerce and Industry in a statement signed by its Director General, Ms. Victoria Akai urged the state government to employ dialogue in resolving whatever differences it has with the cement company so as to protect the image of the state as an investment destination.

She said both the state governor and the owner of Dangote Cement Plc, Alhaji Aliko Dangote are men of peace who should resolve any business dispute through consensus without jeopardizing the multi-billion naira investment and thousands of jobs of Kogi indigenes.

“We, therefore, call for the immediate re-opening of the factory and commencement of alternative dispute resolution. Dangote Cement is a company with commendable sustainability records. The company has blazed the trail within Nigeria and across Africa.

“Nothing should therefore be done to truncate the growing business at a time other African countries are opening their doors wide for Dangote investment. The factory has been able to take many out off the street thereby reducing unemployment which has been a major problem in the country.

“The closure of the factory will further increase unemployment. It is in the best interest of Kogi state to reopen the factory so as not to scare away local and foreign investors”, the statement noted.

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Visionary Tech Leader Gozy Ijogun Appointed As New Managing Director of Task Systems Ltd

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Visionary Tech Leader Gozy Ijogun Appointed As New Managing Director of Task Systems Ltd

…Eyes Leadership in African Technology Sector

 

Task Systems Limited, a pioneering force in the West African Information and Communications Technology (ICT) sector, has announced the appointment of Mrs. Gozy Ijogun as its new Managing Director effective April 1, 2023.

 

Gozy Ijogun, known for her transformative leadership, has a rich professional history in the digital technology realm. At the age of 25, armed with a degree in Chemistry from University College London and a Master of Science degree in Accounting, Organizations, and Institutions from the London School of Economics, Gozy made a significant impact on the digital landscape of Nigeria by setting up TD-Mobile, Nigeria’s first structured mobile devices distribution company. She propelled the company to generate a substantial N38 billion in revenue within its first year of operation, guiding the organization from its initial team of seven to become TD Africa Distributions Ltd., now a dominant player in technology distribution in sub-Saharan Africa, representing more than 25 top global brands and introducing a plethora of ICT solutions that consolidated its standing as a solutions-focused tech firm.

 

“Gozy’s proven leadership, strategic acumen, and passion for technology make her the perfect fit for Task Systems Ltd,” Leo Stan Ekeh, Chairman of Task Systems Ltd said. “Her impressive track record and innovative vision align seamlessly with our growth trajectory. We are excited to usher in this new era under her stewardship.”

Visionary Tech Leader Gozy Ijogun Appointed As New Managing Director of Task Systems Ltd

Mrs. Gozy Ijogun, New Managing Director.

Reflecting on her appointment, Gozy said, “I’m honoured to join Task Systems, a company that has consistently been at the forefront of tech innovation. We have a remarkable opportunity to grow and become Africa’s leading integrated technology and services company, and I am enthusiastic about leading Task Systems into this future.”

 

Besides her commercial accomplishments, Mrs. Ijogun is also deeply committed to social change. She was instrumental in launching “This is Me”, a Corporate Social Responsibility initiative championed by TD Africa to aid individuals and uplift their dignity.

 

With 36 years of industry leadership, Task Systems has consistently provided innovative ICT solutions across various industries, including oil, banking, media, manufacturing, and the public sector. The company has received over 27 global awards for its exceptional contributions.

 

With the visionary leadership of Mrs. Ijogun, Task Systems is poised for unprecedented growth and success.

 

Know About Task Systems Ltd: For over three decades, Task Systems has been a pioneer in the tech sector, introducing revolutionary ICT solutions across a broad spectrum of industries. Known for its trailblazing contributions, Task Systems remains a significant player in providing support solutions to numerous Nigerian companies.

 

 

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Airtel Employees Give Students Reason To Imagine, Provides Access To Digital Education

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Airtel Employees Give Students Reason To Imagine, Provides Access To Digital Education

Rashidat Okunlade Writes

Employees of Airtel Nigeria, under its CSR initiative, Employee Volunteer Scheme Initiative, paid a visit to Kuramo College, a government secondary school in Lagos, and donated modern routers, each equipped with 100GB of data and a two-month roll-over access fee.

The connection devices were donated by Airtel’s Information and Technology team, with a mission to empower students with enhanced digital connectivity.

Speaking during the event, Director, Information and Technology, Seun Solanke, said, “Airtel aims to empower young minds by equipping them with the connectivity to imagine and unlock a world of knowledge and opportunities.

“For Airtel, it is no longer about being a smartphone network but giving people a reason to imagine, so that people can explore the possibilities powered by technology and connectivity. The world is evolving, young Nigerians now have access to unlimited possibilities and can now create their own job titles and descriptions, which is why we now have YouTubers, social media Influencers, and the likes.”

Airtel Employees Give Students Reason To Imagine, Provides Access To Digital Education

Left-Right: Head of IT Operations, Airtel Nigeria, Adebanjo Adeola; Head of Information Security & Business Continuity (IT CISO), Airtel Nigeria, Joy Omoruku; Director, Information and Technology, Airtel Nigeria, Seun Solanke; Principal, Kuramo Senior College, Abdulwahab Babatunde Lawal and Head of Project Release Management, Airtel Nigeria, Akinkunle Oyafajo during the presentation of Routers to Kuramo college in Victoria Island, Lagos, on Wednesday, 24th May 2023.

 

Airtel Employees Give Students Reason To Imagine, Provides Access To Digital Education

Left-Right: Head of IT Operations, Airtel Nigeria, Adebanjo Adeola; Senior Manager, Corporate Social Responsibility, Airtel Nigeria, Chioma Okolie; Head of Information Security & Business Continuity (IT CISO), Airtel Nigeria, Joy Omoruku; Director, Information and Technology, Airtel Nigeria, Seun Solanke; Principal, Kuramo Senior College, Abdulwahab Babatunde Lawal and Head of Project Release Management, Airtel Nigeria, Akinkunle Oyafajo during the presentation of Routers to Kuramo college in Victoria Island, Lagos, on Wednesday, 24th May 2023.

He concluded by encouraging the students to maximize the provision of connectivity to back up their future imaginations with the right information and resources, in other to ensure a bright future.

The activities under the Airtel Nigeria Employee Volunteer Scheme, said Airtel management, aligns with the company’s commitment to bridging the digital divide in the country and enabling students to leverage the power of the internet, as the distribution of routers with data plans will ensure that students have uninterrupted access to educational resources, research materials, and online learning platforms, regardless of their socio-economic background.

 

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Stanbic IBTC Announces 2023 University Scholarship Award Scheme, Benefiting 200 Exceptional Nigerian Students

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Africa Trade Barometer Report 2022 Showcases Promising Growth in Trade - Stanbic IBTC

Rashidat Okunlade Writes

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, announced the names of fortunate recipients of its prestigious University Scholarship Award for 2022.

The N80,000,000.00 valued scholarship award for 2022 will provide financial support to 200 outstanding Nigerian undergraduates who excelled in the 2022 University Tertiary Matriculation Examination (UTME) and satisfied other prerequisite conditions.

The scholarship funds will be disbursed in annual installments over the course of four academic years and will provide recipients with the essential financial assistance required to meet their educational expenses. Subsequent disbursements will be contingent upon the beneficiaries fulfilling certain criteria. These criteria include maintaining their enrollment in the universities and degree programs to which they were admitted, as well as adhering to the academic and administrative policies set forth by their respective institutions. By ensuring compliance with these requirements, the recipients can continue to receive the scholarship throughout their academic journey, facilitating their uninterrupted pursuit of higher education.

While he gave his opening remarks at the virtual award ceremony, the Chief Executive of Stanbic IBTC Holdings, Dr. Demola Sogunle, said, “At Stanbic IBTC, we recognize the importance of education and its role in shaping the future of our great nation, Nigeria. Our principal objective for this scholarship is to provide unlimited opportunities for bright, young Nigerians who have demonstrated academic merit.”

He further mentioned that the number of annual scholarship recipients was increased from 100 to 200, as education should not be a luxury reserved for a select few but accessible to all.

The selection process for the scholarships was rigorous and fair, with beneficiaries chosen from each of the six geo-political zones in Nigeria. The candidates were carefully evaluated based on merit, taking into account their exceptional academic performance.

By investing in the academic journeys of these exceptional students, the leading end-to-end financial institution will not only make a difference in their lives but also contribute to the development and prosperity of the nation as a whole.

The 200 scholarship recipients will be able to pursue their dreams with financial confidence, knowing that Stanbic IBTC will stand firmly by their side.

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