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Heritage Bank, Cross River, Ita Giwa Raise Climate Change Awareness

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Heritage Bank, Cross River, Ita Giwa Raise Climate Change Awareness

By Modupe Gbadeyanka

The two devastating hurricanes in the United States of American (USA) in the past weeks have made some people around the world see the threat posed by climate change.

In Nigeria, the flooding in Lagos and Benue States this year and also the flood alert this week to states around the River Niger by the National Emergency Management Agency (NEMA) has further let Nigerians know that the issue is not for the western world alone.

In view of this, Heritage Bank Plc has aligned forces with Cross River State and Senator Florence Ita Giwa-led Seagull Band to educate the people on Climate Change: A time for Change.

The event, which held in Lagos recently, was put together by Seagull Band, one of the five bands of the Carnival Calabar at a symposium titled ‘An evening of lecture and stage presentation of the Seagull winning theme of the 2016 Carnival Calabar’ edition which dwelt extensively on climate change and the need for an affirmative action to manage the environment on a sustainable basis.

Speaking at the programme, Managing Director/Chief Executive of Heritage Bank, Mr Ifie Sekibo, said the bank collaborated with the state government because it believed so much in making the lives of mankind better by preserving it today so that it could transfer it to future generations.

He also explained that the bank developed interest in the alignment because the cause conforms to the Central Bank of Nigeria’s regulation on Sustainability Banking.

Represented at the occasion by Chioma Obiakor, Head, Sustainability Banking, Mr Sekibo said Heritage Bank always operates in tune with the standard set by the apex bank for operators in the sector.

His words, “We have set up a framework within Heritage Bank which helps us to work with the CBN’s principles for sustainability banking. We are very much interested in collaboration with any corporate organization that shares the vision of safety of environment and its sustainability with us.”

The Chief Executive Officer observed that “if we destroy the environment, we will pay for it,” adding that there is need to prevent what is happening in Benue State where several thousands of people had been displaced by floods.

He said the bank was very happy to collaborate with the Cross River State Government for putting together the platform to discuss and find solutions to the issues of climate change. He noted that people build on waterways without conducting proper environmental scanning, remarking that calamities may not happen today, what about tomorrow!

The deputy governor of Cross River State, Professor Ivara Esu invited all the participants at the symposium to the 2017 edition of Carnival Calabar, adding that the theme of this year’s programme is Migration, which is how people are dying in Sahara Desert trying to seek greener pasture in other countries. He said the state would also unveil a new city to be called Calasvegas in December during the carnival.

In her opening remarks, Senator Florence Ita Giwa, leader of Seagull Band, refused to agree to the public perception that the yearly carnival is Africa’s Biggest Street Party. According to her, the carnival is not a party but a platform for interpretation of crucial issues in our society through various literary techniques.

She said except one understands the basic motive behind the carnival, the person would lose the essence of the various activities organized during the event which has become a means of global tourist attraction for the nation.

According to her, many people who hitherto did not understand what climate change meant before the 2016 carnival were educated by the various activities at the event.  She therefore, implored investors, tourists and other willing individuals to ensure participation in this year’s edition as it promises to be electrifying.

In his lecture on effects/impact of climate change, Mr Desmond Majekodunmi gave international and local perspectives of what the negative impacts of mankind was doing to the environment which has resulted in Hurricane Harvey in Houston Texas, which was the first major hurricane to make landfall in the United States of America since Wilma in 2005, ending a record 12-year drought in which no hurricanes made landfall at such an intensity in that country.

He said in Sierra Leone about 400 died due to over flooding while in Benue State in Nigeria about 110,000 people were displaced by floods, adding that if care is not taken, Lagos and South-South coastal cities might be affected by the rising sea levels from the Atlantic Ocean.

Mr Majekodunmi said global warming caused ice to melt and ocean levels to rise, adding that it also increases the magnitude and incidences of ocean surge due to thermal expansion of water.

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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LASEMA Battles to Curtail Fire Outbreak at Balogun Market

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fire Balogun Market

By Modupe Gbadeyanka

The Lagos State Emergency Management Agency (LASEMA) has said it was working tirelessly with other agencies to put out the fire at 3/5 Gbajumo Street, Balogun, Lagos Island.

In a statement issued on Thursday, the organisation said it received a distress call from concerned persons in the wee hours of today over the unfortunate incident.

It was gathered that a 5-storey building at the Balogun Market was gutted by fire, destroying properties worth millions of Naira.

Giving an update on the situation, LASEMA said the joint teams, which rushed to the scene of the inferno, were having a constraint preventing the fire trucks from having direct access to the source of the fire, which are the shops constructed on the road blocking all routes.

“The agency received a distress call around 12:30 am today, Thursday, January 26, 2023, regarding a fire outbreak at No 3/5 Gbagumo street Balogun market, Lagos Island, which prompted the immediate activation of the Emergency Response Team to the scene of the incident.

“Consequent upon arrival at the scene of the incident, information gathered revealed that some shops (rubber shoes and clothes are stored) on the first floor of a 5-storey building was gutted by fire. However, the cause of the fire could not be ascertained.

“Fortunately, there is no loss of life or casualty involved in the incident.

“Collaborative efforts to put out the fire are ongoing by the agency’s Response Team and its fire unit, alongside Lagos State Fire and Rescue Service, Federal Fire Service, Police Force, CBD, LASAMBUS, LNSC and NEMA.

“However, the joint teams have a constraint which is preventing the fire trucks from having direct access to the source of the fire, which are the shops constructed on the road blocking all routes.

“Efforts are still ongoing to prevent the spread of the fire to nearby buildings. Operations are also still ongoing,” the statement said.

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Tinubu Never Blamed Buhari for Fuel Scarcity, Others—Onanuga

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Tinubu blames Buhari

By Modupe Gbadeyanka

The Director of Media and Publicity of the All Progressives Congress (APC) Presidential Campaign Council (PCC), Mr Bayo Onanuga, has said the party’s presidential candidate, Mr Bola Tinubu, did not blame President Muhammadu Buhari for the current challenges in the country.

On Wednesday, during his campaign in Abeokuta, Ogun State, Mr Tinubu accused some powerful persons were behind the current scarcity of petrol in Nigeria, as well as the scarcity of the new Naira notes.

President Buhari is the Minister of Petroleum Resources, and fuel scarcity has remained for months under his watch. He also approved the redesigning of the Naira when Mr Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), brought the proposal to him.

But while speaking yesterday, Mr Tinubu said, “We will use our PVCs to take over government from them. If they like, let them create a fuel crisis; even if they say there is no fuel, we will trek to vote.

“They are full of mischief, they could say there is no fuel. They have been scheming to create a fuel crisis but forget about it. Relax, I, Asiwaju, have told you that the issue of fuel supply will be permanently addressed,” he said at the campaign rally.

“Whoever wants to eat the honey embedded in a mountain won’t worry about the axe. Is that not so? And if you want to eat palm kernel, you would bring a stone and use it to break it; then the kernel will come out. It’s not easy to…

“Let them increase the price of fuel, let them continue to hoard fuel, only them know where they have hoarded fuel, they hoarded money, they hoarded naira; we will go and vote, and we will win even if they changed the ink on Naira notes. Whatever their plans, it will come to nought,” he added.

His comments generated mixed reactions, with some commentators saying he was indirectly indicting Mr Buhari for the crisis facing the country.

But Mr Onanuga rebuffed this, saying the opposition Peoples Democratic Party (PDP) was plotting to “create a wedge between our presidential candidate and President Muhammadu Buhari.”

According to him, the former Governor of Lagos State was only empathising “with the Nigerian people facing the dual crises of fuel and new Naira notes scarcity.”

“For the records, Asiwaju Tinubu, during the APC campaign rally at Abeokuta on Wednesday, in his statement, did not mention, blame or accuse President Muhammadu Buhari for the current challenges in the country.

“Asiwaju Tinubu was only adverting the government’s attention to the sabotage being carried out by some Fifth Columnists in the system, possibly working in cahoots with the PDP.

“The CBN officials, including Governor Godwin Emefiele, have said many times that enough new Naira notes have been supplied to the banks, yet our people complain that they have not been able to get the new notes.

“In recent days, many ATMs are either not working, or when working, they are dispensing the old notes, just a few days to the  January 31 deadline.

“Similarly, Asiwaju Tinubu is aware of the salutary efforts by President Buhari to end the fuel queues by chairing a 14-man panel. Yet the queues and agony continue.

“For a presidential candidate, who cares about the suffering of our people, he has a duty to warn the government that its efforts to make life better for Nigerians are being sabotaged on several fronts.

“Our presidential candidate only re-echoed what is well known and acknowledged, even by President Buhari himself, at different fora: That there are Fifth Columnists in and outside of government who often throw spanners in the works against good intentions and programmes of the government.

“How does an advisory genuinely made by Asiwaju Tinubu to protect and create goodwill for the government of his party become an attack? It can only be so in the jaundiced view of the PDP,” a part of the statement issued on Thursday said.

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DLM Capital Sponsors Employee’s Philanthropic Projects

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DLM Capital Employee's Philanthropic Projects

DLM Capital Group, a development investment bank, partnered with the Shile Akinjo Charity Foundation (SACF) on two of its charity initiatives: “Love Feast on the Street” and “Back-to-School Project.”

Shile Akinjo, a corporate finance associate at DLM, started SACF in 2022 to support low-income families and the less privileged to fight poverty, receive decent health care, and achieve a basic education.

The “Love Feast on the Street” was held on the 17th of December 2022 to celebrate Christmas with over 400 kids at Makoko Slum, Yaba, Lagos. The day’s highlights include face painting, a dance competition, popcorn, food, drinks, and the gifting of party packs to the kids.

The “Back-to-School Project” was held on the 20th of January 2023 at The Light School and Boanerges School at Akesan, Alimosho, local government. All the pupils in basic 1–5 were given school supplies such as school bags, socks, notebooks, pencils, biros, erasers, rulers, crayons, water bottles, and snacks.

Shile Akinjo commented on the initiative, stating, “Happiness is as essential as food if a child is to develop into normal manhood or womanhood.” Being able to put smiles on these kids’ faces is fulfilling, and we will continue to carry out initiatives that support these goals. I am grateful to Mr. Sonnie Ayere and DLM Capital Group for their full commitment to these projects. I feel lucky to work for a company that supports and encourages its employees to do good things for the community.

In a statement highlighting DLM’s sponsorship of the projects, Chinwendu Ohakpougwu, Head of Corporate Communications, said: “At DLM, we are committed to impacting human lives. The management of DLM will continue to support good causes that promote the welfare of others.”

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