General
Stanbic IBTC, Food Firm to Feed Nigerians
As various economies across the globe struggle to stay afloat following the impact of the pandemic, governments have implemented tough measures such as border closures, ban on large gatherings, social distancing and travel restrictions, among others, to curtail the spread of the virus.
The decision of the government to lockdown major cities in Nigeria, as a more stringent measure to curtail the spread of the virus, has undoubtedly affected the economic well-being of many citizens.
Even though the government has temporarily eased the lockdown, the result has been a spike in the number of hungry individuals in the society.
While virtually every member of the society suffered levels of disruption in their lives, the down-trodden in the society were the most affected.
The lowly in the Nigerian society can barely afford meals and the level of hunger in the country has increased rapidly.
It has thus become a pertinent responsibility of individuals and corporate organisations to contribute to initiatives that would ameliorate the impact of hunger, occasioned by the COVID-19 pandemic, on the less privileged in the society.
As one of Africa’s fastest-growing economies and the continent’s most populous nation, Nigeria was bound to be negatively affected by the pandemic.
A United Nations World Food Programme (WFP) report stated that the number of people facing acute food insecurity has doubled due to the economic fallout of COVID-19.
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has joined other institutions to provide succour to Nigerians who have no access to food.
The organisation has partnered Givefood.ng to provide food for 5,250 people belonging to families in desperate need of food during these trying times.
The partnership is exemplary and worthy of emulation by individuals and other corporate organisations. As for Stanbic IBTC Holdings PLC, the organisation remains unwavering in its quest to provide relief and succour to Nigerians during these trying times and always.
Hunger, poverty, and diseases are interlaced, and the presence of one may inadvertently result in the others.
As an organisation which aims to positively affect individuals and institutions in Nigeria, Stanbic IBTC Holdings PLC has made several efforts to support the government, health agencies and the citizens of the country in battling the COVID-19 pandemic. The organisation has made several financial donations to governments and private sector participants as the country battles to mitigate the Covid-19 rage.
With “Zero Hunger” as one of the targets of the 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015, it is imperative to have a world where there is no hunger, where there is food security and access to nutritious food by all.
Givefood.ng is an emergency food relief platform with an objective to provide 1 million meals to those in need across Nigeria.
With the generous support of its coalition partners, the initiative has already delivered thousands of meals in Lagos, Kano and is on track to go nationwide in the next couple of weeks.
The firm gives everyone the opportunity to protect the bigger family, and give food to those in need from the convenience and safety of your home.
By Modupe Gbadeyanka
A hotline number, 0800 123 5264, for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved pump price of N739 per litre, has been released by Dangote Petroleum Refinery.
The private refiner said the number was now active nationwide, enabling consumers to promptly report violations and help maintain fair pricing across over 2,000 MRS stations.
This measure follows the refinery’s recent commencement of nationwide PMS sales at N739 per litre—a strategic intervention aimed at stabilising fuel prices and easing the financial burden on Nigerians during the festive season.
“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at N739 per litre.
“Report any MRS station selling above this price by calling our hotline. Together, we can ensure that the benefits of this price reduction reach every consumer,” the company stated in a statement.
The organisation stressed its mission to deliver affordable, high-quality fuel while safeguarding national economic interests, reaffirming its commitment to steady supply, backed by a guaranteed daily output of 50 million litres, and warned against attempts to create artificial scarcity or manipulate supply.
Regulatory authorities have been urged to remain vigilant and take decisive action against unpatriotic practices.
By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This initiative represents a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.
The refinery also issued a stern warning against attempts by unscrupulous operators to create artificial scarcity in response to the price reduction, calling on government agencies to act decisively.
“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable. We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the statement added.
Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.
By Bon Peters
The Airport Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA) at Omagwa Rivers State has praised the Customs Area Controller for Customs Area 1 Command, Comptroller Salamatu Atuluku.
At the end-of-the-year party attended by stakeholders, including the leader of the association’s chapter, Mr Charles Onyema, said the customs officer has done well in stakeholder engagement and trade facilitation.
At the event held last Friday, he said his association has been enjoying a very cordial relationship with other organisation in the ecosystem.
“You can see what is happening today, everybody is working together and our operations here are seamless,” he noted.
He stated that apart from creating a very robust business environment for his members and other stakeholders to operate, he has taken a decision to build and commission a befitting ANLCA Secretariat which would be completed soon and be commissioned by the ANLCA national president, Mr Emenike Nwokeoji.
The ANLCA chapter chief said since “Comptroller Salamatu Atuluku assumed office at Customs Area 1, Port Harcourt Command, it has been a different ball game, facilitating trade and increasing Revenue generation.”
“I remember I told her she was a mother during her maiden visit to the airport.
“You know when you have a woman in charge of an affair, food will not lack, compassion will not lack and motherly love will not lack.
“She is very wonderful in stakeholder engagement, revenue generation and trade facilitation,” Mr Onyema enthused.
Projecting into the future, Mr. Onyema said the year 2026 would be better for his members, adding that he has advised them on financial discipline which he said would help them during the trying period.
By Adedapo Adesanya
The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.
The government also declared Thursday, January 1, 2026, for the New Year celebration.
The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.
According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.
Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.
He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.
Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.
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