Category: Industry

  • Dangote, bricklayers meet

    CEMENT giant, Dangote has met with bricklayers at its head office in Lagos to promote cordial relationship.

    The firm’s Regional Manager, Marketing Services, Mr Johnson Olaniyi, assured the bricklayers of the company’s assistance.

    He said the firm would focus on their training and retraining , adding that the company has been to 15 states.

    The company said, plans to train more artisans, adding that tools would be provided for them.

    Responding, the Chairman, State Planning Committee for Block and Concrete Builders in Lagos State, Mr Segun Banjoko, said the group discussed with the company on how to sustain their relationship, adding that both parties would chart the way forward.

    A few weeks ago, the Lagos State Bricklayers Association protested the alleged insensitivity by the management of Dangote Cement and shoddy treatment of its members.

    The General Secretary Mr Akinmoladun Olaniyi said the group on the protested because Dangote Cement neglected its members who constitute the highest users of the firm’s product. He said efforts to get the Dangote’s attention did not yield remit.

    He said: “The fact remains that the association is the highest patrons and users of Dangote Cement throughout the state, with over 40,000 members, 500 zones, 57 sub-head offices who are directly involved in the sale of the products.

    “Eighty-five per cent of cement used in Lagos is from Dangote and he did not deem it fit to better the lives of the end users,” he said.

    The members who carry placard bearing different inscriptions called on the cement maufacturing giant to address their plight, or risk blacklist ing of its products in the state.

    Olaniyan stated that despite the support from it members in ensuring that the products get good patronage from its consumers, Dangote Cement had not made any impression in their lives.

    He said: “Up till date the association still lacks a befitting secretariat and other basic amenities. There is nothing to improve our health as our members toil in the sun and rain endlessly making billion of naira for Dangote Cement.”

    He said having written several letters and sent representatives to Dangote Cement, their request had not receive any response; rather its members were treated were fairly treated.

    “The man thinks we are illiterates and, therefore, we cannot do anything. We have approached the company several times, but no good response is forthcoming. Look at other big companies like Dunlop and other paint companies, they have made life better the members who make use of their end products but in the case of this we are really relegated,” he added.

    There is never a time that the Dangote is ready to reckoned with. This different in other sectors. For instance, Dunlop has done something for the association of vulcanizes. Why cant Dangote emulate this,” he said.

  • Indomie rewards distributors

    Dufil Prima Foods Plc, makers of Indomie instant noodles, has rewarded its trade partners with over 250 prizes worth several millions of naira through its trade promo.

    Speaking on the initiative, the Public Relations and Event Manager of the firm, Mr Tope Ashiwaju, said the Sub-Distributors Trade Promo is the company’s little way of appreciating its partners who stood by it over the years.

    He noted that the sub-distributors have not only demonstrated their commitment to the achievement of the company’s objectives, but have also supported its vision of becoming the number one noodles brand in the country. “It is, therefore, deserving of them to be rewarded and encouraged for offering the invaluable support they have given the business over the past years”, Ashiwaju added.

    He said for sub-distributors to be qualified, they are expected to buy in multiples of 10 cartons of Indomie 120 grams size (super pack) from their distributors. A coupon is given out for every 10 cartons purchased and sub distributors are allowed to collect as many coupons as possible based on their purchases. All coupons are collected with a copy given to them to claim their prize during the lucky dip draw at an announced date in each of the 12 locations.

    The prizes to be won during this sub-distributors trade promo includes; 12 Skoda Fabia Cars, 120 Generators, 70 Air Conditioners, 50 Refrigerators and other consolatory prizes which would all be given out immediately after the draw at each location.

    Other fixed locations and relevant information would be communicated to sub-distributors and relevant stakeholders accordingly.

  • MultiChoice customer wins N1.6m

    MultiChoice has handed a lucky subscriber, Mr Segun Adeyemo, N1.6 million as the first winner of DStv’s reward initiative.

    DStv rewards, according to a statement from the company, is a follow-up to the recently concluded DStv mobile mega promo, which saw the company give away five SUVs, 20 all-expense paid trips to AFCON competition, 100 units of 40 inches LCD TV sets, 500 Walka handheld devices as well as numerous other prizes to subscribers.

    Presenting the cash to the first winner, General Manager, DStv,Mr Mayo Okunola, said: “This is not a mistake; it is a well-thought-out initiative to compensate subscribers that stay loyal to the brand by paying their subscriptions regularly. It is also in the spirit of MultiChoice’s celebration of its 20th anniversary in the country.”

    He enjoined Nigerians to pay their DStv subscription regularly or in advance as they also stand a chance of winning the weekly draws.

    Head of Public Relations, MultiChoice Nigeria, Segun Fayose, said active DStv subscribers would benefit from the promo.

  • Economy should be private sector-driven

    The Lagos Chamber of Commerce and Industry ,LCCI, has said the economy should be driven by the private sector

    Speaking with The Nation, LCCI’s Director-General, Mr Muda Yusuf said the private sector is the engine of growth in advanced economies and the only solution to the challenges of the economy.

    “The Federal Government should work to make the private sector to run the economy, while it focuses on making and enforcing economic policies and collection of taxes.

    “The private sector seems to operate consistently because the regular government changes makes policy inconsistency and implementation challenges prevalent,” he said.

    Muda said government should focus on creating an enabling environment for the private sector to lead business growth in the country.

    He said the private sector had the capacity to accelerate industrialisation process and open up access to capital for entrepreneurs.

    “Ordinarily, non-national banks are mainly interested in using customers’ deposits to assist businesses to grow, “ he said.

    He said the activities of banks in the economy could be effectively influenced by the private sector operators.

    “Government should only be concerned about taxes to provide the necessary infrastructure and create the ambience for enterprise to thrive,” he said.

     

  • UAC’s CSR projects

    UAC of Nigeria Plc (UAC) has inaugurated its Goodness League projects in the Northcentral Zone of the country, pledging to spread them to all the zones in the country.

    According to a statement, the Goodness League is a veritable platform for UAC’s meaningful and credible intervention schemes that tackle social problems and provide an umbrella and synergy for all the Company’s Corporate Social Responsibility (CSR) activities.

    The programme’s focus is education and it intervenes through the provision of infrastructural assistance, such as comprehensive renovation of school blocks and the provision of science equipment, computers and desks to needy schools.

    The programme also supports the educational sector through the Free Weekend Classes for Senior Secondary Schools – a volunteer scheme that focuses on mentoring, coaching and counselling and has been successfully implemented in Lagos State.

    Beneficiaries of the projects in the Northcentral zone are Boys Secondary School, Gindiri, Plateau State; Government College, Keffi, Nasarawa State; Mount St Gabriel’s Secondary School, Makurdi, Benue State and Government College, Bida, Niger State.

     

  • SMEDAN DG bags award

    The Director-General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Alhaji Muhammad Nadada Umar, has been conferred with Verbatim Magazine Award of Excellence for enhancing the economic empowerment in the MSME sector.

    The event was held at the International Conference Centre, Abuja.

    Umar dedicated the award to the Minister of Trade and Investment, Dr. Olusegun Aganga; the Minister of State, Trade and Investment, Dr. Sam Ortom and the SMEDAN management, staff and his family.

    He praised the management and staff of Verbatim Magazine for the award, adding the media has a great role to play in nation building. He advised the journalists to take more active interest in politics, adding that it would enhance the development of the profession.

  • Why Nestle opened N5.4b Distribution Centre

    Food manufacturing giant Nestle Nigeria PLc scored another first in the sector when it inaugurated a N5.4 billion Distribution Centre in Agbara, Ogun State.

    Declaring the centre open, the Chairman, Nestle Nigeria Plc, Olusegun Osunkeye, said with the centre, goods such as beverages, maggi and golden morn would get to consumers faster than before.

    He said the centre is Nestle’s biggest factory not only in Nigeria, but also in West Africa.

    “Spread over an area of four hectares, the new 17,000-pallet capacity warehouse facility is designed to manage the capacity increases following massive infrastructural up- grades at the Agbara factory in the last five years,” Osunkeye said.

    The Managing Director, Nestle Nigeria Plc, Mr Martins Woolnough, said the centre was built in two years, adding that it uses Radio Shuttle Automatic Racks, a technology which moves goods faster, adding that the centre provides jobs for over Nigerian 1,800 staff.

    He said: “This new state-of-the-art Distribution Centre reflects more than just an important investment to broaden our nutrition, health and wellness business platform; it illustrates also our commitment to the growth of the economy.”

    He said Nestle has been doing business in Nigeria for over five decades, during which it brought value to the society by sourcing locally for maize, soya beans and other products, creating employment, offering high quality nutritious products to Nigerians.

    He said by “opening our distribution centre in Agbara, we will be closer to our consumers now and thus serve them better.”

    The facility, Woolnough added,wouldfurther strengthen Nigeria’s role as the largest manufacturing operation for Nescafe in the West and Central Africa region and that it is key to Nestle’s growth.

     

     

     

     

     

     

  • NACCIMA condemns infrastructural decay

    THE Federal Government has been urged to formulate policies to support businesses, especially Micro, Small and Medium Enterprises (MSMEs).

    The President, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dr. Herbert Ajayi, urged the government to adopt a bail-out mechanism that can reduce the harsh operating environment.

    He said: “The present state of power supply has continued to constrain capacity utilisation in industries and also increase cost of doing business.

    “The economy will move faster and record a higher percentage in implementation of projects, if security and power challenges are addressed. Many businesses, especially the MSMEs are groaning under the high tariff of electricity, while continuing to spend more on generating power through fuelling of generators.”

    Ajayi listed some of the challenges facing operators as high cost of infrastructure, insecurity and dumping of sub-standard goods in the country.

    He added that lack of adequately equipped enterprise zones, industrial clusters and parks at state and local government levels have also been hindering the private sector’s growth.

    Ajayi urged ministries and parastatals to take the lead in encouraging local production by patronising locally made goods.

    The economy, he said, is heavily import-dependent, both for industrial raw materials and finished products.

    NACCIMA has praised the Oyo State government for its transformation of Ibadan into a modern state capital, adding that it would attract foreign investment and facilitate industrial growth.

    Speaking when he visited Governor Abiola Ajimobi in his office in Ibadan, Ajayi said:

    “Our observation is that this state is moving very fast on the path of transformation. We also noticed that Oyo State, particularly Ibadan, the state capital, is getting cleaner and neater. We also want to congratulate you on the commissioning of Secretariat-Bodija Bridge, which will ease movement of people of the state and improve on their living standard.”

    He urged the governor to give priority to the Chamber and the Organised Private Sector (OPS).

    The partnership, he said, would fast-track the state’s industrial development and reduce unemployment.

     

  • ‘Export vital to economy’

    The Executive Director, Nigerian Export Promotion Council (NEPC), Mr David Adulugba, has said export business is critical to the country’s survival.

    He said Nigeria should encourage the exportation to other commodities aside from oil.

    He warned that no nation can survive on consumption, stressing that export business can impact positively on the Gross Domestic Product (GDP) of the country.

    He said most developing countries have repositioned their export sectors for prosperity.

    “It is a proven fact that export business is critical to a nation’s health as it impacts positively on the GDP. This is because it catalyses economic growth; creates a strong base for technological development; encourages economic specialisation; and ultimately high rate of investment.

    “Yet, their products still appear in Nigeria through the ECOWAS Trade Liberation Scheme,’’ he said.

    He said most of the foreign companies used Nigerians for temporary jobs without equipping them with the technical know-how.

    Adulugba noted that Nigeria had relied too much on oil as the main revenue earner, which might not guarantee a prosperous future for the nation’s youths.

    He said the agency had a number of incentives to encourage export business.

    He recalled that in the last 15 years, export products had been getting the necessary support, urging operators to learn to operate, according to international standards.

  • Senate panel: quality products vital to SMEs’ growth

    The Senate Committee on Industry has said standardisation is essential to the growth of Small and Medium Scale Enterprises (SMEs).

    Its Chairman, Senator Nnenadi Usman said for SMEs to be relevant, there is need for them to meet the basic standards so that their goods would be acceptable.

    She was speaking during the committee’s tour of Ethiopia, Kenya and Tanzania.

    The essence of the visit, she said, was to boost trade within and outside the region, adding that the basic thing necessary for economic growth is the development of the SMEs.

    Usman said the Standards Organisation of Nigeria (SON) has a critical role to play in reducing substandard products and encouraging other African countries to set up office and agencies to develop and maintain standards.

    She said the visit would explore Ethiopia and map out areas of collaborations between both it and Nigeria in developing and maintaining standards.

    “Our SMEs should be revitalised to stop dumping. The way forward is to empower SON to train SMEs owners to conform to standards.This would increase their productivity, expand their business; leading to more income and wealth creation,” she said.

    She pointed out that Ethiopia also faces the same challenges as Nigeria in terms of dumping substandard goods, adding that Ethiopia has a new way of resolving their challenges which Nigeria must adopt.

    She said the major challenge most African countries are facing is importation because most importers like to bring in goods at cheaper prices. He said when African products try to compete in the market, they do not do so well.

    “It is cheaper to go to China to make a substandard good than to make a good of standard quality in Nigeria. Most people prefer to use cheaper goods even though it does not last. We have had influx of substandard cheap cables from China where people used to build houses which later resulted in fire outbreak destroying lives and property,” she said.

    She said: “The issue of funding is critical to maintaining standard. We have learnt something about the funding of the agency itself because without fund, the agency will never work properly and it will not produce any result.”

    According to her, the summary of the three visits to the three countries showed that they have spent a lot of money to improve their standards and said that they all have well-equipped laboratories that can compete globally.

    “I think Dr. Odumodu is doing a great job and if better equipped he would do more because he has the will and the capabilities,” she said.

    She said when one organisation should look at standards, ensuring that goods that are substandard do not enter the country.