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How We’ve Supported Infrastructure Growth In Rivers State – SHELL

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“Between 2006 and end of 2017, a total of N14.86 billion has been invested by the SPDC Joint Venture in the GMoU clusters in Rivers State, giving communities a highly-valued opportunity to decide and implement projects and programmes that have a lasting impact on people’s lives,” said the General Manager, External Relations of SPDC, Igo Weli, on Saturday in Port Harcourt at the 2018 edition of the Nigerian Society of Engineers Port Harcourt Branch Week.

Weli, who spoke on the role of oil and gas sector in the infrastructure development of Rivers State, said the SPDC JV funding enabled 19 GMoU clusters in Rivers State to embark on projects covering health, education, water and power supply improvement, sanitation and infrastructure development. He added that the success of the GMoU initiative proved what could be achieved when government, international oil companies, communities and NGOs worked together for the common good.

Under the terms of the GMoU, SPDC JV provides secure five-year funding for communities to implement development projects of their choice, which are managed by Cluster Development Boards under the guidance of mentoring NGOs.

On social infrastructure, Weli listed the N1.5billion ultramodern library donated by Shell to the state government to commemorate Nigeria’s centenary celebration, and the establishment of a Community Health Insurance Scheme at Obio Cottage Hospital in Port Harcourt where the average number of patients increased from about 600 to about 7,500 per month in 2017, making it one of the most utilised health facilities in the area. He said 10 other hospitals in Rivers State also enjoyed ‘robust health intervention scheme by SPDC JV’.

In education, he cited the establishment of the first centre of excellence in Marine Engineering and Offshore Technology at Rivers State University in Port Harcourt in 2017, which has commenced programmes leading to the award of Master’s degrees in Marine Engineering (Power Plants), Naval Architecture and Offshore and Subsea Engineering. This, he said was in addition to the many SPDC JV scholarship schemes which date back to the 1950s.

On the statutory role of the oil and gas sector in infrastructure development in Niger Delta, Weli noted that each player in the sector was expected to contribute 3% of its annual budget to the Niger Delta Development Commission (NDDC) for the purpose of facilitating the rapid, even and sustainable development of the Niger Delta region into an area that is economically prosperous, socially stable, ecologically regenerative and politically peaceful. “Between inception of NDDC in 2002 and the end of 2017, Shell companies alone contributed N338.12billion to the commission,” he said.

He noted that the responsibility for the development of communities, societies or states resides primarily with government and community stakeholders themselves. “It stands to reason therefore that abdicating that responsibility for development to the private sector either fully or substantially is, in my assessment, one of the key issues militating against sustainable development not just of Rivers State but of the Niger Delta.”

He frowned on the expectationthat private sector should take on the role of government even after fulfilling their statutory obligations to the state and investing as much as their businesses can carry in social investments in the host communities. “This is not sustainable and perhaps accounts for the steady drop or reduction in investments, hence the dwindling opportunities in employment, contracts, and so on, in the Niger Delta in the past two decades.”

Weli added: “The region is no longer very attractive to investors because of the unrealistic demand and entitlement mindset. The future of the Niger Delta is in the hands of private investors, therefore stakeholders need to re-set their expectations and approach to achieve sustainable growth and development. Investors are to be wooed and investments, attracted, not taken for granted.”

He therefore appealed for a conducive operating environment to enable the private sector do business profitably without fear so that they could implement social investment projects and programmes.

He said: “For the private sector, including the oil and gas industry to support the state for infrastructure development, the state, as a matter of policy, and the people, as a matter of dogged commitment, must resolve to make the state peaceful, friendly, attractive and competitive.”

 

Bamidele Odugbesan
Media Relations Manager(SHELL)

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Corporate Citizenship

Dangote gets Top 5 Recognition in ‘Most Responsible Business In Africa’ Category

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Dangote Group was also named by SERAS one of the Top 5 “Most Responsible Business in Africa/Overall Winner”

LAGOS, Nigeria, December 7, 2018 In recognition of its 2017 Sustainability Report and significant progress in Sustainability Best Practices and Reporting in 2018, Dangote Industries Limited (DIL) (www.Dangote.com) received two awards at the 12th edition of the annual Sustainability Enterprise and Responsibility Awards (SERAS), which took place in Lagos Nigeria.

Two DIL subsidiaries received the SERAS Sustainability Awards for ‘Best Company in Hunger & Food Security’ as well as ‘Best in Supply Chain Management’ categories. In special recognition of its pioneering Sustainability Journey in 2018, Dangote Group was also named by SERAS one of the Top 5 “Most Responsible Business in Africa/Overall Winner.”

The conglomerate also received two Certificates of Recognition for the work of its Sustainability & Governance Function, which is responsible for embedding a culture of sustainability across the Group, tagged “The Dangote Way”.

The founder of SERAS, Dr. Ken Egbas, acknowledged the visible and inspiring impact of the Dangote Way, which Dangote Group President, Aliko Dangote has described as “our unique approach towards engendering sustainability across all our operations, at the core of our procedures and corporate culture, indicative of our absolute commitment to sustainability; powered by the highest levels of governance.”

Group Chief Sustainability and Governance Officer, Dr. Ndidi Nnoli; Group Head, Human Assets Management and Admin., Dangote Cement Plc, Dr. Musa Rabiu; Senior Adviser, Stakeholder Relations, DIL, Fatima Wali-Abdurrahman; General Manager /Head Sustainability, Dangote Cement Plc, Eunice Sampson; and Mr. Abimbola Akosile of the Corporate Communications Department, all Sustainability Champions, received the Awards.

The Dangote Way underlines the importance of People and Stakeholder Engagement on its journey towards better financial performance through responsible and sustainable business practices.

Dangote’s seven pillars of sustainability include the Economic, Social, Environmental, Financial, Cultural, Operational and Institutional (encompassing Governance, Risk, Compliance), which are aligned with the GRI Standard, Global Compact, IFC Performance Standards and SDGs, and are designed to ensure sustainability data embeds at the core of business processes and corporate culture, to demonstrate a clear business case for operationalizing sustainability best practices.

During the Dangote Sustainability Week, held in tandem with the United Nations General Assembly, hundreds of employees volunteered to further the Sustainable Development Goals across Dangote Cement Plants in 12 cities across Africa: Ghana, Congo, Ethiopia, Cameroon, Tanzania, Senegal, Zambia and Nigeria’s Cement plants located at Obajana (Kogi State), Ibeshe (Ogun State) which cleaned up the Ajibese community and Gboko (Benue State).

 

SOURCE Dangote Group

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Corporate Citizenship

African Development Bank, Big Win Philanthropy, Dangote Foundation launch ambitious plan to improve child nutrition, fight stunting

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Objective: to contribute to a 40% reduction in stunting in African children aged under 5 by 2025

Working with Big Win Philanthropy and Aliko Dangote Foundation, the African Development Bank has unveiled a new Multi-Sectoral Nutrition Action Plan that aims at raising investments towards reducing stunting by 40% in African children aged under 5 by 2025.

Africa loses $25 billion per year in costs attributed to child morbidity and mortality, impaired cognitive, physical, and economic development caused by malnutrition. Yet these losses are almost entirely preventable.

The ambitious Action Plan is looking for additional support and commitments from governments for nutrition.

Jennifer Blanke, Vice-President, Agriculture, Human and Social Development at the African Development Bank, stressed the importance of engaging energetically and substantially with the private sector, “if we want to achieve long-lasting results.”

Through the Multi-Sectoral Nutrition Action Plan, the Bank commits to scale up the proportion of investments that are ‘nutrition-smart’ in agriculture, water, sanitation and hygiene, social and health sectors.

“In terms of human development, nutrition is as important as investments in infrastructure and power in stimulating economic growth. Big Win Philanthropy is thrilled with President Adesina’s leadership in giving greater priority to nutrition and the wider human capital investment agenda,” said Jamie Cooper, Chair and President, Big Win Philanthropy.

“By leveraging investments across five sectors, and encouraging its member countries to do the same, the African Development Bank is achieving ‘double wins’ for every dollar spent: improving lives and generating economic growth.”

Nutrition is inextricably linked to the Bank’s High 5 priorities: nutrition-smart investments could be catalytic for realizing equitable growth agenda.

Speaking at the launch, Chief Executive Officer of Dangote Foundation, Zouera Youssoufou, said, “We know we cannot do this by ourselves, so it made sense to put money at the African Development Bank to develop this nutrition strategy. We are really happy to see the strategy come together following a two-year journey.”

In 2017, more than a third of the world’s stunted children under the age of five lived in Africa with stunting rates ranging from 35.6% in East Africa to 32.1%, 29.9%, 29.1%, and 17.3% in Central Africa, West Africa, Southern Africa and Northern Africa respectively, according to the Plan, which also revealed that Africa is the only region in the world where the number of stunted children has risen in the past few years.

The Plan will focus on integrating nutrition smart interventions into projects in the Bank’s extensive agriculture pipeline. The Bank’s Feed Africa Strategy executes the Comprehensive Africa Agriculture Development Programme (CAADP) goals of contributing to elimination of extreme hunger, malnutrition, and poverty. In addition to improved productivity, the Action Plan looks into the potential to nourish Africa, by including commodity value chains that offer broad-based nutrition value, instead of just calories.

This will include leveraging flagship initiatives including Technologies for African Agricultural Transformation (TAAT), the Staple Crop Processing Zones Programme, and Integrated Agro-Industrial Parks.

To realise its human and economic potential, Africa must invest in nutrition – particularly during the 1,000 days between conception and the age of two – as a crucial foundation for productivity later in life, said Oley Dibba-Wadda, the Bank’s Director Human Capital, Youth and Skills Development Department.

“The African continent has the potential to become a powerhouse of productivity in the 21st century but cannot sustain rates of economic growth and at the same time integrate its burgeoning youth population without addressing these high rates of stunting.”

The Bank is strengthening political engagement and building partnerships by enlisting Heads of State, ministers, and eminent leaders as champions to spur and build a high-level political movement and leadership for nutrition, known as the African Leaders for Nutrition (ALN), which was endorsed by the Assembly of Heads of State and Governments of the African Union (AU) at the 30th Ordinary AU Summit, held in Addis Ababa, Ethiopia on 31 January 2018.

African Development Bank

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Afripreneur

Sahara Foundation Empowers 30 Entrepreneurs To Mark World Entrepreneurship Month

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Beneficiaries of #StartUpNation photographed with the organizers in Lagos, Nigeria.

 

November is celebrated globally every year as the Entrepreneurship Month. It is a period to celebrate men and women who brave all odds to take smart risks in business – an informed leap in the dark if you will – to create value.

StartUps are gaining traction across the globe as more people continue to embrace the challenge of carving a niche for their business ideas. Particularly noteworthy and deserving of commendation are the young people who have taken the bull by the horns by starting, running and sustaining businesses in climes with peculiar economic challenges.

Sahara Group is delighted to celebrate these heroes who would ultimately emerge as icons and business leaders.

Having spent the month of November showcasing innovative business solutions by entrepreneurs across various sectors, Sahara Foundation organized an Entrepreneurship Workshop to help beneficiaries lay a solid foundation for their businesses.

Themed StartUp Nation, the one day workshop hosted 30 young entrepreneurs to five transformative sessions with accomplished professionals and entrepreneurs as facilitators. The entrepreneurs who were selected via the Foundation’s digital platform for young innovators and entrepreneurs – www.saharahub.com – were exposed to business rudiments as well as knowledge and information for growing their businesses.

Olumuyiwa Adebayo, CFA Head, Group Finance,  Sahara Group during a session at #StartUpNation
Olumuyiwa Adebayo, CFA Head, Group Finance, Sahara Group leading a session at #StartUpNation

The workshop sessions included topics on finance, business funding, branding, social media use for business and starting and growing a business with currently available resources.

Ivie Imasogie- Adigun, Group Head, Human Resources, Sahara Group set the tone for the workshop with a thought-provoking opening remark. “Entrepreneurs are people who pursue their dreams passionately and are never afraid to fail. This tenacity ultimately equips them for the journey ahead, paving the way for success as long as they remain focused, innovative and determined. This is a path we have been through and continue to develop at Sahara Group and we are delighted to support young people to realise their dreams,” she counselled.

Beneficiary at #StartUpNation
Beneficiary at #StartUpNation

The Facilitators included Olumuyiwa Adebayo, Head, Sahara Group Finance; Oyindamola Johnson, an African Union Youth Champion; Omolabake Bode-Matthew, a successful entrepreneur; Adenike Bamigbade, Digital Marketing Expert; and Tunji Andrew, a serial entrepreneur, radio show host and investor. Their sessions were engaging, practical and resourceful.

In what could have easily passed for a mini-MBA, the participants were schooled and practically shown the way to navigate business terrains with particular reference to the Nigerian market.

 Oyindamola Johnson - Curator, Elevate Your Game
Oyindamola Johnson – Curator, Elevate Your Game at #StartUpNation

Citing the entrepreneurial trajectory of Sahara Group, Mrs. Pearl Uzokwe, Director of Governance & Sustainability, closed the session by assuring the entrepreneurs that they had the potential of becoming the next big businesses. “Sahara Group was founded by three entrepreneurs 22 years ago and today the business has become a global conglomerate operating in 38 countries across Africa, Asia, the Middle East and Europe. We believe you are on the right path and Sahara Group will continue to support young entrepreneurs through the SaharaHub and similar initiatives. StartUps and small businesses are critical for economic growth and development and we remain committed to providing platforms for small businesses to thrive and grow.”

Sahara Foundation Manager, Oluseyi Ojurongbe stated that the empowerment project was the first of many more platforms to support young entrepreneurs with the tools, resources, networks, and funds needed to grow their businesses. “This is the thrust of Sahara Foundation’s Extrapreneurship drive,” he added.

 

SAHARA GROUP

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