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Each Youth Entitled to N250,000 to N5m Loan—FG

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Nigerian youth

By Modupe Gbadeyanka

The federal government has said each youth in Nigeria is entitled to an interest-free loan of N250,000 to N5 million and all is needed to claim the fund are phone number, account number and the Bank Verification Number (BVN).

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, who made this disclosure, the fund is from the N75 billion approved by President Muhammadu Buhari for youth empowerment for three years.

In a meeting last Friday with religious leaders and 77 District Heads from the 23 local government areas in Kaduna State, the Minister said the federal government was determined to improve the wellbeing of the Nigerian youth through the various programmes designed for them.

She encouraged the youths to “apply and access the funds” and urged the religious and traditional rulers to continue to play their roles in promoting unity and peaceful coexistence, among different ethnic groups.

Earlier, the Minister of Environment, Dr Mohammed Mahmud Abubakar, called on the stakeholders to support the government to discharge its duties by protecting lives and property, as well as creating job opportunities.

In her remarks, Deputy Governor of Kaduna State, Mrs Hadiza Balarabe, said government convened the meeting in continuation of the engagement with different stakeholders, especially the traditional and religious leaders, to help in charting a course for building a safer and prosperous state and nation.

She appealed to the traditional and religious leaders to sensitise their subjects and followers to always uphold law and order in their conducts while emphasising that the government is willing to listen to all ideas by the people to improve lives and property.

Kaduna State Commissioner of Internal Security and Home Affairs, Mr Samuel Aruwan, provided an update on security challenges and efforts by the government in dealing with the security challenges in the state.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Coca-Cola Targets Total Renewable Energy Adoption by 2040

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Coca Cola Total Renewable Energy Adoption

By Adedapo Adesanya

The Coca-Cola Hellenic Bottling Company (CCHBC) has announced its commitment to achieving net-zero emissions across its entire value chain by 2040.

The commitment, which was recently launched across 28 markets by the leading bottlers of the Coca-Cola brands, represents a bold response to the global concerns around climate emergency and its threats to the future of the planet.

The company aims to achieve this total renewable energy adoption target through the adoption of several initiatives, including the investment of €250 million in emissions reduction initiatives by 2025; switching to 100 per cent renewable electricity and low carbon energy sources; accelerating efforts towards low carbon packaging by increasing rPET use and adopting package-less and refillable options and removing plastics in secondary packaging.

The organisation also plans to provide energy-efficient and eco-friendly coolers to customers, reduce emissions from agricultural ingredients and implement a “Green Fleet” programme to switch to low and no-carbon alternatives.

Commenting on the initiative, Mr Zoran Bogdanovic, CEO of Coca-Cola HBC, said, “This commitment is the ultimate destination of a journey that we started many years ago. It is fully aligned with our philosophy to support the socio-economic development of our communities and to make a more positive environmental impact. Both are integral to our future growth.

“Although we don’t yet have all the answers, our plan, track record and partnership approach give us confidence that we will deliver.”

Also commenting on behalf of one of the company’s partners, Mr Markus Pfanner, Vice President, Sustainability Tetra Pak, said: “As Tetra Pak also has a net-zero target and SBTi approved 1.50 aligned 2030 targets, we look forward to working with Coca-Cola HBC to reduce GHG emissions and together achieve our joint aims.”

In Nigeria, NBC is playing its role to accelerate efforts towards reaching this target through several interventions.

The company commenced the transition of four of its manufacturing plants in Maiduguri, Kano, Asejire and Abuja, to renewable energy sources through the installation of solar power infrastructure. These efforts deliver up to 2,650 KWP to the facilities, and the expansion phase will even deliver more carbon footprint reduction.

Furthermore, NBC has completed the installation of Combined Heat and Power Plants (CHP) at four of its manufacturing plants which has resulted in a significant reduction of its carbon footprint across the country. With the CHPs, heat emission that would have been lost is effectively channelled back into powering boilers at the plants.

As an innovative leader in water stewardship, the company has also ensured that all its manufacturing facilities have effluent treatment plants which ensure that wastewater released from operations are safe for plant and animal life.

As a confirmation, all NBC plants have received the prestigious Alliance for Water Stewardship certification, the highest global benchmark for responsible water stewardship.

Speaking on the company’s interventions so far, the Managing Director at NBC, Mr Mathieu Seguin, said, “Climate change is a global emergency that requires deliberate, proactive and coordinated efforts to be mitigated. We have seen its impact on agriculture and food production, rising sea levels, declining biodiversity, and the threat to coastal communities.

“We are passionate about leading efforts that strengthen the sustainability of the environment while supporting the socio-economic development of our communities. These priorities are integral to our future growth and central to our values as an organization.”

Through an existing and approved science-based target, the CCHBC is aiming at a 25 per cent reduction in its value chain emissions by 2030 and a further 50 per cent reduction the following decade.

To address the 90 per cent of emissions resulting from third party actions, the company is broadening the existing partnership approach with suppliers whilst also investing in other climate protection measures wherever emissions cannot be eliminated entirely.

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Prophet Iginla Fixes October 30 for Mother’s Burial in Ekiti

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Prophet Iginla mother's burial

By Dipo Olowookere

Popular Nigerian clergy, Prophet Joshua Iginla, has concluded plans to give his late mother, Deaconess Lasisi Iginla, a befitting burial, with the funeral rites lasting three days.

A statement issued by his media representatives disclosed that the burial rites will commence on Friday, October 29 and end on Sunday, October 31, 2021, in Ekiti State.

The General Overseer of Champions Royal Assembly lost his mother to the cold hands of death on Thursday, April 15, 2021.

The woman, who was aged 83 before her demise, was said to have lived an exemplary life, with the cleric describing her as the queen of peace and love.

In the statement, it was stated that several dignitaries from within and outside the country are expected to gather at Oke-Ila in Ekiti State to celebrate the life and times of Mama Iginla.

It was revealed that on Friday, there would be a service of songs at Champion Royal Assembly, which is located opposite Yemraf Hotel, Adebayo Ado-Ekiti from 5 pm to 9 pm, while the next day, the lying-in-state will take place at the same church from 7 am to 9 am and by 11 am, the internment will hold at her residence along Afao Road, behind CAC (Rejoice Arena), Ado-Ekiti, Ekiti, with the entertainment of guests fixed for Damlek Multi-Purpose Hall and Event Centre, Beside Five O’s Filling Station, Afao Road, Oke-Ila, Ado-Ekiti,

On Sunday, October 31, a thanksgiving service will take place at Champions Royal Assembly in Ado-Ekiti by 7 am.

Prophet Iginla, while commenting on the death of his mother, said she was “the vehicle that brought me to the world. You are my hero of childhood mum. You held my hands when I was small, you caught me when I fell and you taught me love, forgiveness and how to be a giver.”

“I remember your last word mum, today you have gone to be with the Lord. Death takes the body. God takes the soul and the spirit. Our mind holds your memories. Our heart keeps your love. Our faith let us know, we will meet you again.

“Your 83 years on earth was a blessing. Your memory [is] a treasure. I love you mum forever,” he added.

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Sanwo-Olu, Uduaghan, Others for The Witness Newspaper Foundation Unveiling

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The Witness Newspaper Foundation

By Aduragbemi Omiyale

The Lagos State Governor, Mr Babajide Sanwo-Olu, will on Sunday, October 24, 2021, lead some dignitaries to the unveiling of The Witness Newspaper Foundation scheduled to take place at the prestigious Lagos Continental Hotel (formerly Intercontinental Hotel), Victoria Island, Lagos.

Business Post gathered that The Witness Newspaper Foundation is the Corporate Social Responsibility (CSR) arm of www.witnessngr.com, a credible Nigerian newspaper in digital and print formats.

The launch of the non-governmental organization (NGO) is in commemoration of the fourth anniversary of the newspaper, which was established in 2017 by a respected journalist, Mr Julius Akpovire-Enyeh.

A statement issued on Monday by Mr Akpovire-Enyeh explained that the foundation will focus on enhancing the education, health and empowerment of the less-privileged and vulnerable children, youths, widows and the aged in the society.

“Today, there are many children and youths who have dropped out of school due to lack of adequate support; there are a lot of less-privileged widows and the aged who are yearning for help.

“As a responsible organisation, we aim to ameliorate the pains of these individuals and in turn contribute to nation-building.

“The underprivileged widows and their vulnerable children constitute a significant component of every country’s population.

“Available statistics show that Nigeria has over eight million disadvantaged widows with over 21 million children. Many are stigmatised and blamed for their husband’s death and displaced from their marital homes.

“The aged constitute 5.2 per cent of Nigeria’s population and the figure is expected to hit 6 per cent by 2025. But it’s sad that in 61 years of independence from the colonial administration, Nigeria is yet to enact a national policy on the care and welfare of older persons.

“The rate at which the elderly are dying in the society as a result of inadequate healthcare and poverty is alarming and embarrassing to the country.

“The foundation will also tackle poverty and empower less-privileged youths. Although Nigeria is Africa’s biggest oil exporter with the largest natural gas reserves on the continent, it was reported by the National Bureau of Statistics in 2019 to have 83 million people living below the nation’s poverty line. Still, unemployment and underemployment are on the increase,” he disclosed.

He revealed that Mr Sanwo-Olu will serve as the chief host of the event, while the immediate-past Governor of Delta State, Mr Emmanuel Eweta Uduaghan, is the chairman of the occasion.

According to him, other personalities expected to grace the launch include the Speaker of the Lagos State House of Assembly, Mr Mudashiru Obasa; the Group Managing Director of the Nigerian National Petroleum Corporation, (NNPC), Mr Mele Kyari; the Managing Director of Ecobank Nigeria Limited, Mr Patrick Akinwuntan; the Director-General/CEO of the National Information Technology Development Agency (NITDA), Mr Kashifu Inuwa Abdullahi; an Executive Director at Titan Trust Bank Limited, Ms Adaeze Udensi; and a former senatorial candidate and chieftain of the Peoples Democratic Party (PDP), Mr Victor Adoji.

The Witness, which is updated regularly, was founded with the mission of bringing its readers accurate and reliable information without bias, about happenings within the nation and abroad and has consistently recorded massive hits and heavy traffic.

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