General
40 Complete Ikeja Electric’s Youth Empowerment Program
No fewer than 40 young persons have completed a training exercise put together by Ikeja Electric Plc and Slot Foundation.
They underwent a skill acquisition and capacity building empowerment scheme tagged Youth Empowerment Program (YEP), one of the Corporate Social Responsibility (CSR) initiatives of the electricity firm designed to empower youths who are mainly residents of its host communities, to be economically and socially responsible through technical skill acquisition.
The training session lasted for three months and was held at the Slot Academy, with participants selected from across the Ikeja Electric host communities. They were trained in computer, phones and accessories maintenance and repair as well as business entrepreneurship ideas web design, hoisting and maintenance.
Speaking during the graduation ceremony last week, Chief Executive Officer of Ikeja Electric, Mr Anthony Youdeowei, noted that the company has demonstrated its commitment to improving the quality of lives of residents of its areas of operation as evidenced by the impact of its personal CSR initiatives across its network, since inception.
According to a World Economic Forum report on youth population in 2018, four in every 10 people are aged under 25 and they constitute 42 percent of the global population. Nearly half of the World’s young people live in sub-Saharan Africa
“So, it becomes imperative that young people are empowered to earn a living through entrepreneurship. This effort is also a crucial contribution to poverty reduction which is the whole idea behind Ikeja Electric’s support for this laudable project”, Mr Youdeowei stressed.
He commended Slot Systems Limited for partnering with Ikeja Electric to achieve this milestone initiative, saying, “We are very delighted to have partnered the leading household name in Phone and computer repairs. We have no doubt that the knowledge that these youth have gained in this program will equip them adequately as they venture into the world of entrepreneurs.”
He noted that the YEP Initiative has the potential of integrating the values of a good and productive citizenship in our youths, by motivating them to lead a normal life and by providing them a platform to develop and showcase their skills.
Mr Youdeowei urged the beneficiaries to ensure that they make the best use of the opportunity that has been granted them, to achieve self-sufficiency.
“For those of you graduating today, you have made the right choice. I congratulate you and urge you all to make good use of this great opportunity given to you to set up your own business and become employers of labour,” he said.
Managing Director of Slot Systems Limited, Mr Nnamdi Ezeigbo, expressed delight at the partnership with IE, which he described as a collaboration of value.
In his words: “The training exercise for me is very impactful. It is the kind of empowerment that the young people should ask from the multi-national companies that are willing to create value for the society. Companies that are interested in Corporate Social Responsibilities.”
“We are not just saying that empowerment should be about giving people money. We feel that empowerment should be about skill acquisition. This programme will help young people to become skillful and help them to become employable and most of them might even chose to be self-employed,” he stated.
In recent times, Ikeja Electric has been at the forefront of youth empowerment with focus on improving the lives of customers within its host communities across its six Business Units with empowerment initiatives aimed at contributing to the growth of the society.
By Modupe Gbadeyanka
The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has been urged to extend the deadline for the payment of Certificates of Occupancy (C of O) by property owners in Abuja.
This plea for an extension was asked by the Conference of Nigeria Political Parties (CNPP) through a statement signed by its Deputy National Publicity Secretary, Mr James Ezema.
The group said the initial two-week grace period given to the affected allottees, which expired on Friday, January 3, 2025, was insufficient, considering the current economic challenges facing the country.
Recall that after public outcries, Mr Wike, who is the immediate past governor of Rivers State, granted an extension to the owners of the 762 revoked plots of land in Maitama, Abuja.
“We are appealing to the Minister and the Federal Capital Territory Administration (FCTA) to tamper justice with mercy and issue an extension in the spirit of the yuletide and in view of the economic challenges in the country,” the association stated.
It stressed that the extension would give the affected individuals and groups ample time to comply with the directive, thereby avoiding any undue hardship or loss.
“We pray that the Minister and the FCTA will grant the allottees an extension to comply with the directive, giving all the affected individuals and groups enough time to have themselves to blame at the end of the final extension,” the statement added.
The CNPP’s appeal comes on the heels of its recent expression of concern over the escalating hunger and suffering faced by millions of Nigerians due to the economic realities in the country.
By Adedapo Adesanya
The All Farmers Association of Nigeria (AFAN) has dissociated itself from an unofficial viral statement by one of it members, regarding posters indicating activities of the organisation.
The group dissociated itself from the member in a statement signed by its National President and the National Secretary, Mr Kabiru Ibrahim, and Mr Yunusa Halidu, respectively.
“This post is made by an authorized member, Ado A Ado Kano.
“The opinions and views expressed here are those of the author and do not reflect the official policy or position of the group, its administrators, or other members.
“For official statements, please refer to AFAN official contact or platform,” parts of the statement made available to Business Post stated.
According to AFAN, the unofficial posters flying around doesn’t represent the association, noting that Mr Kano is not authorized by AFAN or its officials but those of the author.
AFAN is the umbrella organisation for all farmers’ commodity associations in Nigeria.
Its vision and mission are to assemble all Nigerian producers into one organization, providing a single interlocutor for the government to address agricultural issues with the farming community.
AFAN was formed by the merger of the All-Farmers Association of Nigeria (ALFA) and the National Farmers’ Association of Nigeria (NAFAN). The merger was recommended by former Nigerian president, Mr Olusegun Obasanjo.
By Adedapo Adesanya
BUA Group has denied widespread reports that its ongoing construction of a 200,000 barrels per day capacity refinery located in Akwa Ibom State is 90 per cent completed.
In a statement signed on Sunday, the group with subsidiaries in food, cement, and energy sectors said that the claims that the structure was at end stage did not come from it.
“Contrary to a misleading report stating that our 200,000 barrels/day refinery is at 90% completion, BUA wishes to advise the public to disregard such misleading reports that did not emanate from us,” a part of the statement read.
It clarified that the project was progressing well and added that it was going to meet the project timeline of 2025.
“As we make remarkable strides on our Akwa Ibom refinery project, we are proud to share that construction is progressing steadily.
“Whilst the refinery is not at 90% completion, we are however on track to meet our delivery timelines in collaboration with our partners.
“This BUA Refinery & Petrochemicals project represents a major milestone in strengthening Nigeria’s refining capacity and energy security,” the group said.
BUA is also carrying out other energy projects, including the construction of a mini-LNG plant and several new hybrid power plants across the country, which it said are also progressing rapidly.
The group says this will add additional capacity to our over 1,000MW installed captive power generation capacity.
“The public is advised to verify any news through our official channels and platforms so as not to be misled by mischievous persons,” the statement said.
“At BUA, we remain committed to transparency and excellence. As we have consistently done with over 12 of our completed mega industrial projects worth over $ 3.5 billion in the past 10 years, we will continue to keep you updated with verifiable and accurate information only where necessary, and as milestones are achieved.
“We appreciate the public’s interest and enthusiasm for this transformative project as we work together in building a stronger industrial and manufacturing base for a self-reliant Nigeria,” it added.
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