Brand

Glo Rewards Teenage Subscriber With New House

Published

7 months ago

November 17, 2022

Glo rewards Teenage subscriber with new House

Olushola Okunlade Writes

In a first-of-its-kind move, telecommunications powerhouse, Globacom, yesterday redeemed its promise to loyal subscribers in Ibadan, Oyo State, with a 19-year-old undergraduate presented with a three-bedroom house in its Festival of Joy Promo.

The first of the presentations was held yesterday in Ibadan, the capital of Oyo State, where 19-year-old Ibrahim Akindele, the winner of the three-bedroom apartment, gushed with excitement and unbridled joy.

The 200-level student of Science Laboratory Technology of the Ekiti State University, Ado Ekiti, Ekiti State, said, “I was in disbelief, I thought it was just someone playing pranks”. He added that the decision on how to use the apartment would be left for his parents to make.

His 54-year-old mother, Mrs. Funmilayo Akindele, was also full of joy as she said, “The house will be a place of refuge for Ibrahim and his older brother while we will be coming to spend weekends with them”.

The Globacom Head of Operations in the West Territory, Mr. Akeem Yusuf, noted that the promo is another opportunity for the company to reward its subscribers with amazing prizes in line with its commitment to the continued empowerment of its customers.

“Our commitment to the total well-being of our subscribers and the realization that shelter is one of the key needs of man have fuelled our desire to help some of them have houses of their own through this promo. This kind of prize is unprecedented as no brand has ever offered or
presented such to their customers before”, he stated.

Ibadan will be hosting another prize presentation on Thursday, November 17, where lucky winners will go home with prizes including a brand new Kia car, power generators, sewing machines, and rechargeable fans among other prizes.

In 2019, the Southern Swamp Associated Gas Solutions project was commissioned, and the SPDC JV is planning to reduce associated gas flaring further through its Forcados Yokri gas-gathering project, of which large parts are set to be completed in 2022. Despite such efforts to reduce continuous flaring, unfortunately flaring intensity (the amount of gas flared for every tonne of oil and gas produced) at both SPDC- and SNEPCo-operated facilities increased in 2021 owing to short-term operational issues. Flaring from SPDC-operated facilities increased by around 5% in 2021 compared with 2020. The increase was primarily because of the extended outage of the gas compression system in SPDC’s shallow-water operations. The system was restored and became operational from January 2022. Flaring at SNEPCo-operated facilities rose by around 160% in 2021 compared with 2020. This was mainly because of an increase in flaring on the Bonga floating production, storage and offloading (FPSO) vessel. Repairs to a flex-joint on the Bonga FPSO’s gas export riser in the second quarter took longer than expected, in part because of weather conditions. While repairs were under way, the FPSO continued to produce oil and therefore flaring was necessary for safety reasons. The repairs were safely concluded in July 2021. Although flaring intensity levels rose in 2021, SPDC and SNEPCo over the last 10 years have almost halved the combined amount of hydrocarbons they flare from 1.5 million tonnes in 2012 to 0.8 million tonnes in 2021. This reduction is the result of a strict flaring reduction management process and both SPDC and SNEPCo will continue to work in close collaboration with joint-venture partners and the government to make progress towards ending routine flaring of associated gas. NIGERIA LNG EXPANSION UNDERWAY Global demand for LNG continues to grow as the world increasingly seeks reliable supplies of lowercarbon energy. Shell’s investment in Nigeria’s gas infrastructure for export is expected to help 6 This is according to a data provided by global research and consultancy business Wood Mackenzie. the country benefit further from revenues. Shell Gas B.V. and its partners took a final investment decision in 2020 on a new LNG processing unit – known as Train 7 -- at NLNG. The expansion is expected to create around 12,000 jobs for Nigerians during construction and stimulate growth of the local oil and gas service sector, with 55% of engineering and procurement of goods and services being sourced in-country. Train 7 is expected to ensure Nigeria’s continued place as a global player in a lower-carbon energy source. Once operational, Train 7 will add around 8 million tonnes per annum of capacity to the Bonny Island LNG facility, taking the total production to around 30 million tonnes per annum. In 2021, NLNG began awarding procurement and construction contracts. Early works started at the site. The first phase of the worker village is expected to be ready for occupancy in 2022 and the new material offloading facility ready for use by the end of 2022. NLNG’s Train 7 is expected to come onstream in the middle of the 2020s. KEY LICENCE RENEWED FOR DEEP-WATER SNEPCo has interests in four deep-water blocks in the Gulf of Guinea, two of which it operates. Today, nearly one-third of Nigeria’s deep-water oil and gas production comes from the Bonga and the nonoperated Erha fields.6 Since production began in 2005, Bonga alone has produced more than 950 million barrels of oil with the 2021 average oil production per day at 105,000 barrels. The Bonga FPSO vessel has a total production capacity of 225,000 barrels of oil per day and 150 standard cubic feet of gas export per day. In 2021, the availability of the FPSO vessel increased to 80% from 70% in 2020. In addition to Bonga, SNEPCo’s exploration activities have led to several significant discoveries of oil and gas over the last two decades, including the Bolia and Doro fields (Shell interest 55%). Nigeria Briefing Notes Helping to power Nigeria’s economy 13 In the right investment climate, SNEPCo believes that there are opportunities to expand. In 2021 the OML 118 (Bonga) production sharing contract was renewed and the lease extended for 20 years. Bonga North and Bonga South West Aparo (BSWA) oil fields are two such potential opportunities. Bonga North is a proposed tie-back project to the existing Bonga FPSO with Phase 1 comprising 14 wells. BSWA is a development of a new FPSO with Phase 1 comprising 23 wells. SUPPORTING RENEWABLE ENERGY STARTUPS Millions of Nigerians are excluded from the country’s power grid and Shell Companies in Nigeria have established and provided substantial funding for a not-for-profit, impact-investing company called All On. Operating as an independent company, All On works to bring reliable electricity – often from renewable energy sources -- to off-grid urban and rural customers. This support aims to build a solid pipeline of viable businesses that can create the scale required to address Nigeria’s access to energy gap. In December 2019, SPDC and SNEPCo made a significant additional 10-year financing commitment of $160 million in All On, bringing the total commitment to $200 million. By the end of 2021, All On had provided investment capital to over 40 renewable energy start-ups in its portfolio – an increase of more than 30% from 2020. One such company is Infibranches Technologies Limited, to which All On has committed $2 million, which is expected to enable the indigenous technology company to expand sales of solar home systems via its more than 13,000 agent banking partners across Nigeria. With the support of the Rockefeller Foundation, the All On Hub was established in 2020 to provide nonfinancial support and build the capabilities of off-grid energy entrepreneurs. In 2021, the hub supported 81 ventures – nearly double the 41 supported in 2020. Also in 2021, All On, Odyssey Energy Solutions and the Global Energy Alliance for People and Planet launched a $10 million equipment financing facility as part of the DART pilot programme in Nigeria. 7 Hydraulic flying leads support the delivery of hydraulic fluid and/or chemicals between subsea equipment. 8 Subsea trees are an assembly of valves and other components used to monitor and control the production of a subsea well. DART will combine demand pooling, aggregated purchasing of solar equipment, and access to affordable finance to unlock economies of scale for solar companies, achieve cost savings for end-users, and accelerate the growth of the renewable energy sector in Nigeria and beyond. DEVELOPING LOCAL CONTENT AND SKILLS Shell Companies in Nigeria contribute to the growth of Nigerian businesses that can provide technical and support services to the industry. This includes the manufacture of tools and technical kits, the operation of helicopter flights in the Niger Delta, and strategic partnerships between foreign and local companies to stimulate technology transfer and capacity development. While there are government-required programmes in some areas, such as the Nigerian and Community Content Strategy embedded in the Assa North/Ohaji South gas development project, Shell Companies in Nigeria deliberately seek to contract local businesses wherever possible. In 2021, Shell Companies in Nigeria awarded $800 million worth of contracts to Nigerian-registered companies. Of these, 92% were companies with at least 51% Nigerian ownership. SNEPCo has awarded major engineering and construction contracts to companies that are indigenous, have local staff, or possess domestic capabilities in the country. At present, the manufacture and rebuild of hydraulic flying leads7 (HFLs) is being carried out in-country by wholly indigenous companies. Pressure Controls Systems Nigeria Limited, another Nigerian company, continues to refurbish old subsea trees.8 Sometimes, a lack of access to capital hinders Nigerian companies from competing for and executing contracts effectively. Shell Companies in Nigeria have provided access to nearly $1.6 billion in loans to 901 Nigerian vendors under the Shell Contractor Support Fund since 2012. These loans help improve their tendering opportunities.

Glo Festival of Joy will make 20 lucky subscribers landlords/landladies, just as 24 of them will win brand-new cars across major cities of the nation as well as other prizes, including
power generators, sewing machines, and rechargeable fans, among other prizes.

Subscribers who wish to participate in the promo have been enjoined to dial the dedicated short code *611# and recharge with N500 weekly to stand a chance to win the rechargeable fan, N2,500 monthly recharge for the Sewing Machine, N5,000 monthly recharge for the generator, N10,000 monthly recharge for the car and N20,000 data subscription during the
promo period for the house. The more the recharges, the higher the chance of winning

Related Topics:#GLO #glo1 #globacom #glofestivalofjoy #glorewards

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Nestlé MILO Basketball Championship 2023: FCT, Niger Shine In Central Conference

Published

2 weeks ago

May 22, 2023

Business Echo Magazine

Nestlé MILO Basketball Championship 2023

By Moninuola Sulaiman

It is a dream come true for coach Emmanuel Biodun Tanko, head coach of Father O’Connell Science College, Minna, Niger State, as his team defeated their counterparts from Government Secondary School, Karu, FCT in the final of the boys’ category in the just concluded Central Conference of the MILO Basketball Championship.

According to Coach Tanko, his team lost to the same opponents last year in the same championship. On the team’s preparation on the road to victory this year, Coach Tanko said, “We had a 70-day period of training. During Ramadan, we were there. It is a testimony that hard work pays off. Also, without God, we would not have been able
to achieve this feat.”

Captain of the winning team from Father O’Connell Science College, Minna, Niger State, Mahmood Mustapha Mohammed, thanked Nestlé MILO for supporting and sponsoring them. The young man who says his dream is to play globally recognized stars in the National Basketball Association (NBA) one day, also said, “I want to give a big shout-out to our parents and coaches for always being there for us and believing in us, trusting that we will come back with the trophy.”

Funmilola Oyewole – Category Development Manager Beverages at Nestlé Nigeria PLC delivering the welcome address during the finale of the Central Conference of the 23rd MILO Basketball Championship at the Indoor Sports Hall, Package ‘B’ of the MKO Abiola Stadium in Abuja on May 18, 2023.

Players and officials of Father O’Connell Science College, Minna, Niger State receiving their champions trophy and MILO gifts from Funmilola Oyewole – Category Development Manager Beverages at Nestlé Nigeria PLC, and Mr. Victor Anyanwu Events Manager at Nestlé Nigeria PLC Central Conference of the 23rd MILO Basketball Championship at the Indoor Sports Hall, Package ‘B’ of the MKO Abiola Stadium in Abuja on May 18, 2023.

The boys from Father O’Connell Science College, Minna, Niger State fought hard in a keenly contested encounter to defeat the boys from Government Secondary School, Karu, FCT with 53 points to 49. They were therefore crowned champions in the boys’ category at the Central Conference of the 23rd MILO Secondary Schools Basketball
Championship was held in Abuja from the 12th to the 19th of May 2023.

In the final game of the girls’ category of the championship, Government Secondary School, Karu, FCT defeated their counterparts from Queen Amina College, Kakuri, Kaduna State by 35 points to 24 points. Both Father O’Connell Science College, Minna, Niger State, and Government Secondary School, Karu, FCT will represent the Central Conference at the national finals of the 23rd MILO Basketball Championship in Lagos in July.

Other teams who will be in Lagos for the national finals are winners from the already concluded Savannah Conference which was held in Kano from the 3rd to the 10th of May and winners from the two upcoming conferences – Atlantic Conference in Asaba from the 20th to 27th of May and Western Conference in Ibadan from May 30th to June 6th, 2023.

Category Manager for Beverages, Nestlé Nigeria, Mr. Olutayo Olatunji, reiterated Nestle’s commitment to developing talents, promoting healthier lifestyles, and instilling values for success in life through sports. “MILO, firmly believes that through participation in sports, children learn enduring values to help them achieve success in life,” he said.

“We are, therefore, pleased to have this opportunity to provide a platform where young talents find expression through MILO Secondary School Basketball Championship. On the field of play, the teams depend on the discipline,
perseverance, courage, self-belief, and respect that they imbibe during practice and through their interactions with each other. These life skills are not only for basketball; they equip the players to navigate their careers and to be productive in society.

In a nutshell, ‘the GRIT’ you learn in sport, you keep for life.” Nestlé Nigeria’s MILO Secondary School Basketball Championship has been promoting the value of grit for over 23 years, helping schoolchildren learn essential life skills such as resilience, persistence, stamina, cooperation, and self-belief. These values enable them to overcome challenges and achieve their goals in life.

Nestlé continues to lead grassroots sports development in Nigeria through its MILO Basketball Championship, contributing to the growth of many players in the Nigerian national teams, and notable clubs across the world today.

States who competed in the Central Conference of the MILO Basketball Championship at the Indoor Sports Hall, Package ‘B’ of the MKO Abiola Stadium in Abuja from the 12th to 19th of May, 2023 are Kebbi, Kogi, Nasarawa, and host FCT.

Others are Kaduna, Niger, Plateau, Benue and Sokoto states. The MILO Basketball Championship has grown tremendously from about 500 schools at its commencement in 1999. It now reaches over 150,000 individual players from over 10,000 schools across Nigeria every year.

Brand

Spectra Present Instant Hyfiba Meal To Lagos NASSI

Published

3 weeks ago

May 16, 2023

Business Echo Magazine

Spectra Industries Limited, home of functional foods has presented Instant Hyfiba Meal to the Nigerian Association Of Small Scale Industrialists (NASSI) Lagos Chapter.

The presentation on Wednesday is to show Lagos NASSI senior members how INSTANT HYFIBA MEAL is been prepared without wasting time or any form of energy.

Hyfiba meal

Spectra Launches Hifiba Instant Meal

Brand

Energy-Efficient Ericsson Radios Win Red Dot Product Design Award

Published

1 month ago

April 27, 2023

Business Echo Magazine

Energy-Efficient Ericsson Radios Win Red Dot Product Design Award

Rashidat Okunlade Writes

Ericsson has once again shown that its industry design innovation is top-notch by winning this year’s Red Dot Product Design Award for two energy-efficient 5G radios.

In addition to the previously won 14 Red Dot awards, Ericsson has clinched the Red Dot Product Design Award 2023 for its dual-band Radio 4490 and ultra-lightweight Massive MIMO Radio AIR 3268 from the Ericsson Radio System portfolio. The latest distinction shows that apart from the aesthetics, Ericsson is successfully carrying out a design strategy that has energy efficiency in mind.

David Hammarwall, Head of Product Area Networks, Ericsson, says: “The Red Dot Design Awards for Radio 4490 and AIR 3268 are solid evidence that the effort we put into the human-centered design of our portfolio really pays off.  With reduced weight and power consumption, we are not only making products that are easy to carry and install but also more energy-efficient compared to previous generations.”

Dating back to 1955, the Red Dot Design Award is one of the biggest design competitions in the world, with around 20,000 entries per year. The jury, comprising international experts, evaluates products based on various criteria, constantly adapting to new technical, social, economic, and ecological requirements.

Commenting on the awards, Dr. Peter Zec, Founder, and CEO, Red Dot, says: “Companies and design studios from all over the world faced the professional judgment of the Red Dot Jury, international experts who examined a remarkable number of products in the course of the competition. In an evaluation process lasting several days, the submissions were thoroughly reviewed and assessed according inter alia to their design quality and degree of innovation. The fact that you emerged victorious from such a strong group of participants is testimony to the extraordinary quality of your products – a wonderful achievement! “

This year’s Red Dot Product Design Award reaffirms that the design effort Ericsson puts into product development – taking a smooth user experience into consideration – pays off in terms of churning out products that are not only aesthetically appealing but also help reduce energy usage and site footprint and are easy and efficient to install and maintain.

So far, Ericsson has won 14 Red Dot awards covering various parts of the company’s portfolio, from macro radios and advanced antenna solutions to indoor products like Ericsson Radio Dot, as well as MINI Link products. A special achievement was realized in 2020 with the” Best of the Best” award for Ericsson AIR 3239.