General
Stanbic IBTC Gives Succour to Children at 10th Together4Alimb Charity Walk
In a profound demonstration of commitment to societal welfare and support for underprivileged children, Stanbic IBTC Holdings, a subsidiary of the Standard Bank Group, successfully commemorated the 10th edition of its flagship Corporate Social Investment (CSI) initiative, the Together4ALimb Walk, on 17 August 2024. This hallmark event marks years of dedicated efforts towards enriching the lives of children living with limb loss and underscores Stanbic IBTC’s steadfast dedication to social responsibility.
Speaking at the event, Dr Demola Sogunle, the Chief Executive, Stanbic IBTC Holdings, emphasised the significant impact of limb loss on children’s emotional, psychological, and societal well-being. He highlighted the organisation’s holistic support approach, tackling not just the medical needs but also the financial and social challenges encountered by the families.
He emphasised the crucial role businesses play in offering comprehensive support, urging them to recognise that limb loss presents a complex challenge that goes beyond the physical condition. He highlighted the efforts of Together4ALimb, explaining how the initiative addresses both the visible and hidden obstacles faced by these families, ultimately providing a more holistic and inclusive form of support.
“Businesses have a crucial role in delivering comprehensive support, recognising limb loss as a complex life challenge beyond the physical condition. Through Together4ALimb, we address both the tangible and intangible hurdles these families face,” Demola stated.
The 2024 Together4ALimb Walk, resonating with the theme “Wellness in Motion” 2.0, was engineered to spotlight and ease the challenges faced by underprivileged children suffering from limb loss. Since the initiative’s inception in 2015, Together4ALimb has significantly improved the lives of 55 children by providing them with prosthetic limbs and creating educational trust funds of N1.5 million for each beneficiary. The programme witnessed a considerable expansion in 2023, extending its benevolence to 45 additional recipients.
To this day, the initiative proudly boasts of assisting 136 beneficiaries nationwide, ensuring each child receives an annual prosthetic limb replacement until age 18. This year’s event further solidified Stanbic IBTC’s commitment by welcoming 36 children into the programme, thereby cementing Stanbic IBTC’s role in creating brighter futures for children experiencing limb loss.
During the event, Dr Ibijoke Sanwo-Olu, First Lady of Lagos State, highlighted the remarkable impact of the initiative noting with admiration that 136 children have benefited from the organisation’s esteemed Corporate Social Responsibility (CSR) initiative.
She said, “I want to sincerely appreciate Stanbic IBTC’s commitment and consistency over the years through this laudable initiative. It is imperative to note that supporting special children who have experienced limb loss either through accidents, mismanaged injuries, or congenital issues/birth defects and providing prosthetic limbs and educational trust funds for them will further assist them in realising their full potential and give them a sense of love, care, and support from society.”
“Over the years, issues around welfare and rights of persons with disabilities have become a recurring decimal in national discourse with successive administrations coming up with various initiatives to end discrimination and generally promote the principle of social inclusion. In today’s world, our society has realised that physical disability is not inability and therefore should not, in any way, hinder anyone from achieving something positive in life,” she stated.
Ejike Anih, Founder and Chief Executive Officer of IfeanHealth Orthopaedics, stated that Stanbic IBTC has accomplished milestones through the Together4Limb initiative.
“This initiative explicitly targets the upliftment of underprivileged children, a segment of society often overlooked yet deeply impacted by systemic inequalities. By focusing on this group, the organisation sheds light on these children’s pressing issues and actively works to create tangible positive changes in their lives.”
“Such initiatives are paramount today, as they embody the essence of corporate responsibility—recognising the roles of businesses in the economy and as pillars of society with the power and resources to enact real change. By dedicating a portion of its resources to the welfare of underprivileged children, the organisation sets a laudable example for others to follow, demonstrating how corporations can make a significant difference in the world, one child at a time,” Ejike said.
Speaking at the event, Brigadier General Samson Okoigi, Corps Commander—Medical, Nigerian Army, commended the Together4ALimb initiative for its significant contribution, providing much-needed hope and support to those affected. This initiative is crucial in helping recipients tap into their inherent potential and navigate life more confidently despite their physical challenges.
He stressed, “We understand firsthand the impact of losing a limb, not just physically, but emotionally and psychologically. I stand here today with pride, recognising the vital work that Stanbic IBTC has been doing through this remarkable initiative. Your dedication to restoring mobility to individuals with limb loss across Nigeria aligns with our mission in the Nigerian Army to rehabilitate and support the brave men and women who have sacrificed so much in service to our nation. We know that the journey to recovery is not just about restoring what was lost but empowering individuals to regain their independence, confidence and sense of purpose.”
The 10th Together4ALimb Walk commenced at the Stanbic IBTC Head Office on Walter Carrington Crescent, Victoria Island, Lagos, and concluded at the Law School Bus Stop on Ozumba Mbadiwe Avenue.
This year’s event marked a significant milestone by expanding its reach beyond Lagos, bringing the Together4ALimb Walk to several cities across Nigeria with staff and partners joining the walk with the aid of Steps by Stanbic IBTC. This expansion underscores Stanbic IBTC’s commitment to fostering the nation’s social, economic, and environmental welfare.
General
Power Outage in Nigeria as National Grid Collapses
By Aduragbemi Omiyale
Nigeria is currently experience a cut in power supply after the national grid collapsed for the 11th time in 2024.
This is the first time in over a month as the last time the nation witnessed a nationwide shut down in electricity supply was on November 7, 2024.
Before then, the country was experiencing an incessant collapse of the grid, which prompted the federal government to set up a team to address the issue.
However, just when Nigerians were thinking they will not witnessed another national grid collapse in the year, it issue reared its ugly head again.
On Wednesday afternoon, most of the energy distribution companies suffered power outage, prompting them to inform their customers of the situation.
One of the DisCos, Ikeja Electric Plc, in a message to electricity consumers under its franchise area, said, “Please be informed that we experienced a system outage today, December 11, 2024, at about 13:32 hours affecting supply within our network.
“Restoration of supply is ongoing in collaboration with our critical stakeholders. Kindly bear with us.”
Recall that on Tuesday, in a report, Google listed national grid as one of the top trending searches by Nigerians this year.
General
NLNG to Replace Vessels in Move Towards Decarbonisation, Sustainability
By Adedapo Adesanya
The Nigerian LNG Limited (NLNG), which produces Nigeria’s Liquified Natural Gas (LNG) and natural gas liquids (NGLs) for export, is planning to replace all its vessels with modern ships within the next decade.
This was disclosed by Mr Nnamdi Anowi, the General Manager of Production, NLNG, during the World Leaders’ Panel session on Tuesday in Berlin, Germany, as part of the 2024 World LNG Summit and Awards.
Speaking at the event themed “Achieving the Balance Between Energy Security and Decarbonisation,” he said the company which was incorporated in 1989 was making plans to boost its vessels to ensure proper transportation of gas for export.
“We are making significant strides in our shipping operations. Over the next 10 years, we aim to transition from our current steam-powered vessels to modern ships.
“Earlier this year, we took a major step by entering into a long-term chapter of our first modern ship Aktoras, and we are already planning to acquire a second ship next year,” he said.
On the critical issue of net zero emissions, Mr Anowi said that NLNG aspires to achieve net zero emissions by 2040.
According to him, this goal is attainable through implementing a combination of solutions that include operational efficiency, natural sinks/offset projects, carbon capture and storage (CCS), net zero expansion, digital solutions and shipping efficiency.
“Our pathway to net zero aligns with Nigeria’s target of reaching net zero by 2060, while many major players in the industry are aiming for 2050.
“We are actively expanding our initiatives in this area, including several low-carbon projects,” he explained.
Regarding Liquefied Petroleum Gas (LPG), Anowi noted that the company had committed 100 per cent of its LPG production (propane and butane) to the Nigerian market.
He pointed out the urgent need for cleaner energy, citing a report that revealed that not less than 100,000 Nigerians died yearly from smoke inhalation caused by cooking with firewood, predominantly affecting women and children.
“This underscores our commitment to sustainability. It’s important to recognise that about 80 per cent of Africans lack access to cleaner energy.
“When discussing sustainability, we can not overlook the necessity of providing energy to these communities,” he added.
He further elaborated on NLNG’s strategy, stating, “Our objective at Nigeria LNG is to maintain safety, enhance capacity, foster growth, and future-proof our business.
“The recent transformation programme includes a rebranding initiative, evidenced by the unveiling of a new logo and the company’s renewed purpose: providing energy for life’s sustainability.
Mr Anowi also noted that NLNG was working diligently to improve its production capacity from 23 million tons to 30 million tons through its Train 7 Project.
“We are actively engaging with stakeholders and the government to ensure our LNG trains are filled by the end of next year,” he said.
On sustainability, Mr Anowi explained that 75 per cent of NLNG’s emissions result from its operations, with the remaining 25 per cent coming from its shipping activities.
He emphasised the importance of measurement, reduction, avoidance and mitigation strategies in their sustainability efforts.
He said that the company was also exploring CCS opportunities through partnerships with the government and other international oil companies.
“We are in the early stages of CCS implementation, assessing potential reservoirs for this purpose,” he said.
In terms of renewable energy, Anowi said that NLNG was investigating solar power projects at its offices in Abuja and Port Harcourt as part of its broader sustainability initiatives.
“We are committed to abatement efforts and are collaborating with experienced private companies to explore carbon credit opportunities.
“We must balance sustainability with affordability and reliability in energy supply.
“The African region must progress at its own pace, prioritising immediate energy needs before addressing long-term sustainability goals,” he explained.
General
National Grid, Mr Ibu Among Top Trending Searches by Nigerians in 2024
By Dipo Olowookere
Many events happened in 2024 in Nigeria but a few shook the nation because of their impact on residents of the country.
According to a report released by Google, the incessant collapse of the national grip, which plunged the nation into darkness, was among trending searches on its platform.
In the report made available to Business Post on Tuesday, the tech giant said this year’s results show a continued interest in the political and economic landscape, with searches related to the US elections, the new national anthem.
“The 2024 Year in Search offers a unique lens into the questions, interests, and conversations that shaped the lives of Nigerians this year.
“From cultural milestones to pressing concerns, these insights reflect how Search continues to be a valuable tool for users to navigate and better understand their world,” the Communications and Public Affairs Manager for Google West Africa, Taiwo Kola-Ogunlade, stated.
Google’s 2024 Year in Search for Nigeria showcased the most popular searches, notable individuals, actors, musicians, topics, questions, and other subjects that captured Nigerians’ attention in the year.
Google’s Year in Search is an annual analysis that reveals the top trending lists and also spotlights what the world searches to see, learn, and do.
The music scene in 2024 was marked by a surge in popularity for artists like Shallipopi and Khaid, who also featured prominently in the overall personalities list. The top trending song was “”I Don’t Care” by Boy Spyce”, followed closely by “Ozeba” and “Commas” by Ayra”. Nigerians also showed a keen interest in understanding the lyrics of various songs, with “Ogechi lyrics”, “Ozeba lyrics”, and “Omemma by Chandler Moore lyrics” leading the searches in the lyrics category.
This year, Nigerians continued to demonstrate a strong interest in entertainment with movies like “A Tribe Called Judah”, “Treasure In The Sky”, and “Damsel” topping the movie charts. The top TV series that captured the interest of Nigerian netizens included “Supacell”, “My Demon”, and “Queen of Tears”. In the culinary world, Nigerians explored diverse recipes with “Pornstar Martini recipe” leading the searches.
Concerns about personal well-being and global events were also reflected in search trends. Questions like “How much is dollar to naira today?”, “How to get perfectly defined curls for African hair?”, and “Who won the US presidential election?” topped the list of queries. Nigerians were curious about the meaning of words like “demure,” “steeze,” and “pet peeves,” turning to Search for answers.
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