Tag: NB

  • NB donates lab equipment to LASEPA

    To boost environmental sanitation, the Nigerian Breweries (NB) Plc has donated  laboratory equipment to Lagos State Environmental Protection Agency (LASEPA).

    This is coming after the retrofitting of the LASEPA laboratory was completed last year by the beer manufacturer.

    According to NB’s Corporate Affairs Adviser, Mr. Kufre Ekanem, the gesture is in continuation of the company’s support for increased professionalism at the agency and in line with its ‘Brewing a Better World’ as agenda.

    He said as an industrial concern, the company had made a commitment to improve its environmental impact, an ideology that has made NB to reduce its water consumption in its operations by 28 per cent since 2008. It has also ensured that built waste water treatment plants in eight of its 11 breweries.

    Ekanem further said the firm was focusing on reduction of carbon emissions, which has made it switch from low pour fuel oil (LPFO) to natural gas – a cleaner source of fuel.

    Other efforts at preventing environmental pollution include sourcing  resources sustainably,  promoting responsible consumption, health and safety, and growing with communities.

    “We have made huge investment in modern energy efficient plant and machineries as well as light weighting of packaging materials and realignment of distribution network geared towards the improvement of environmental impact of our operations,” Ekanem said, adding that NB has signed a partnership with the United Nations Industrial Development Organisation (UNIDO) on execution of water stewardship initiatives in Southwest Nigeria.

    LASEPA’s Managing Director, Mr. Adebola Shabi, an engineer, who received the equipment on behalf of his organisation, expressed appreciation to the NB, and challenged other firms to emulate what the organisation has done.

    “A lot of  companies are contributing to environmental degradation in the state and many of them are not responding.”

    He noted that the NB has installed a fish pond to check waste water in its area of operation, urging it to partner other agencies of government to lift Lagos environment.

    Similarly, Special adviser to the governor on Environment, Mr. Babatunde Ope, also appreciated the company for supporting environmental sustainability in the state.

  • What’s in a beer: As CPC, NB Plc collide

    What’s in a beer: As CPC, NB Plc collide

    Harmless as this question seems, the answer didn’t seem simple when a packed audience gathered to discuss the topic recently. It was a sort of beer summit, not the sort where men cackle and laugh in beer parlours but a sober one. Unlike revelers, the patrons in this case were egg heads from scientist, professionals, nutritionists, entertainers, to media professionals. Everything else was present but a bottle of beer.

    Interestingly, the place of rendezvous where the talk shop tagged: ‘‘Beer and Health, Beer and Life Style’ held was at the Eko Hotel and Suites, Lagos. Of course, the sponsor of the event was the brewery giant, Nigerian Breweries.

    But this article is not about the propriety or otherwise of the summit but about the outcome.

    Exactly 10 days after the beer symposium by the NB Plc, a press release from the Consumer Protection Council (CPC) with the screaming headline ‘‘CPC investigates NB over alleged health benefit claims of beer consumption,’ soon flooded the media space.

    The Council gave the NB 14 day ultimatum to substantiate the claims it made about the numerous benefits of beer as espoused in the summit.

    CPC hinged its argument on the fact that such claims were capable of luring unsuspecting consumers into unwholesome consumption of beer.

    Besides, the Consumer protector also stated that NB’s claims that beer is not an alcoholic beverage and that if taken regularly and in moderation has many defined nutritional and health benefits and can indeed be part of a healthy life style was flawed.

    However, after a careful perusal of the press statement, I flashed back to what happened not too long ago between the CPC and Nigerian Bottling Company [NBC]. When I say what happened, I mean both the published and unpublished intrigues that transpired between the two bodies.

    As one who has followed similar scenarios in the past, I wager it would be a disservice to the reading public if I chose to stand on the fence on this my decision to offer in my estimation is a modest submission.

    I have covered three symposia where I had the privilege of joining over 200 people who attended the beer academy where everything about beer from the raw ingredients to the finished products in the drinking glass was exposed to the participants.

    On the other hand, courtesy, of my beat, which is Consumer Affairs, I work closely with CPC, NAFDAC, MAN and other relevant government agencies. I also work with manufacturers, service providers, retailers and relate closely with consumers most of whom do not hesitate to react to issues on this page.

    We are all consumers and we go through one form of abuse or the other from service providers, manufacturers, retailers, etcetera. Every Nigerian is daily subjected to abuse. We thank God for the establishment of CPC because before then, we had nowhere to turn to but now for those aggrieved consumers who can be bothered we have CPC to run to.

    CPC has the right to investigate any manufacturer. In fact, it is one of their statutory rights.Part of their function is to seek ways and means of eliminating from the market hazardous products and causing offenders to replace such products with more appropriate alternatives, encourage trade, industry and professional associations to develop and enforce in their various fields quality standards designed to safeguard the interest of consumers, Issue guidelines to manufacturers, importers, dealers and wholesalers in relation to their obligation under the act.

    It is to the credit of the Council that despite their meagre resources and dearth of staff which are some of the challenges facing the Council, it is still able to make its voice heard in a country of over 180 million people.

    The Council made its first major impact in 2015, when it issued Volkswagen of Nigeria a seven days ultimatum to provide information on the status of its vehicles as regards the emissions of cheating software which is reported to have affected 11 million cars nationwide.

    The Council investigated the activities of VIP Express Tourism Limited, a Nigerian hospitality company upon receipt of complaints that the operations of the company is against the rights of their subscribers.

    Upon numerous complaints of subscribers of Digital Satellite Television [DSTV] in July 2015 the Council commenced investigative sittings into the operations of Multichoice Nigeria, the franchise owners of DSTV and was able just recently to bring it to a successful conclusion, to the delight of consumers.

    Another breakthrough is the addressing of some of the problems in the Telecommunication industry due to the collaboration between the Council and the Ministry of Communication though much more still needs to be done in that area. The CPC has also tried to tackle some of the consumer issues in the aviation industry.

    However, despite these achievements, analysts feel that CPC should collaborate with SON, NAFDAC and other government regulatory agencies and tackle the issues of the escalating adulterated and substandard products in the market instead of investigating NB that is doing more good than harm.

    It must be pointed out that at the three beer symposium held so far in Lagos, the key message being passed out by all the speakers, is “moderate drinking in order to benefit from the nutritional contents of beer”, which of course comes from the four ingredients used in beer making; hops, water, grains and yeast.

    The symposium is more of an eye opener. It can appropriately be described as an enlightenment and educative forum. An avenue to know everything needed to know about beer not about a brand. To clarify myths and facts on beer, the dangers of excessive alcohol consumption,educating you that whatever you consume determines your health.

    The symposium amongst other things, affords the opportunity for robust discussions on how to curtail excessive alcohol consumption and grants everyone in attendance the opportunity to clarify from experts any confusing issues on alcohol consumption.

    It is a myth for instance that drinking of beer induces what we call ‘beer belly’ but a fact that excess carbohydrate and calories is responsible for extruded tommy. It is a myth that one drink for the road clears the drivers head and makes him see better but a fact that alcohol consumption can dull a driver’s responses and instincts which will ultimately lead to an accident.

    No wonder on October 20th, 2014, NB in order to demonstrate its commitment to encourage responsible consumption of alcohol signed an MOU with the Federal Road Safety Commission [FRSC] on the ‘Don’t Drink and Drive’ safety awareness campaign with the specific aim of educating the Nigerian motoring public in traffic hazards associated with drink driving.

    At the last symposium, Nicolaas Vervelde, the NB Managing Director delivering his speech, aptly emphasised that “In all our communications, we continue to stress the importance of moderation and responsible consumption of beer. We will continue to emphasise this point because the wrong use or abuse of beer can indeed have undesirable consequences.”

  • NB best distributor sells 5m cartons of beer last year

    After a fulfilling and rewarding business relationship last year, the brewing giant, Nigerian Breweries, has rewarded its distributors and trade partners across the country.

    A distributor, Ken Maduako from Nnewi in Onitsha marketing zone, beat two others to emerge the company best distributor for 2015, selling more than five million cartons of beer.

    Another distributor, Ifeoma Chukwuka Nigeria Limited, who won the last two editions, clinched the seond position, beating Magulf Global Enterprises to third position.

    Maduako has also, by his feat, created a new African record of selling more than five million cartons of beer in his zone last year. He thanked the company for the gesture and advised that the momentum be sustained to stay on top.

    The award ceremony, which took place at the Oriental Hotel, Victoria Island, Lagos, was to honour the distributors and key transporters of the company, who excelled in  their business partnerships with the brewing giant.

    The Nigerian Breweries’ Sale Director, Hubert Eze, when thanking the trade partners for staying with the company, explained that the award, which was preceded by a Distributors Business Meeting, was conceived to recognise and reward the excellent performance of the company’s distributors and transporters for the year 2015.

    The award ceremony, he added, also provided the platform to evaluate the previous year’s business performance and communicate new business strategies to distributors.

    He disclosed that despite the challenges in the operating environment, the company did well and achieved many milestones that called for celebration. “Our partnership was not built for today, but built for the future. 2016 will be challenging too, but we believe, we Nigerians, are happy people and we are going to win again.  At the end of the year we will gather not to talk only about the difficulties, but our victories,” he told the crowd amidst applause.

    The awards,  which was in 10 categories included: National Volume Champion; National Volume Champion (1st & 2nd runner up); Regional Champions; Regional Volume Champion -1st runner up; Regional Volume Champion – 2nd runner up.

    Other categories are: Millionaire Club (SKDs who achieved between 1million and 1.99million cases); Millionaire Club (SKDs who achieved between 2million and 2.99million cases); and Millionaire Club (SKDs who achieved three million cases and above.

    Prizes carted home by the lucky distributors included: Brand new Man Diesel truck; Mitsubishi Canter trucks; Mitsubishi L200 double cabin; Forklifts; sound-proof generating sets; cash rewards and several free cartons of Nigerian Breweries products.

    Apart from rewarding the distributors, the night was spiced with lots of entertainment from A list musicians such as Onyeka Owenu, stand-up comedian, Seyi Law and Joseph Benjamin, who compered at the event.

     

  • NB to honour distributors, trade partners

    NB to honour distributors, trade partners

    Nigerian Breweries PLC will, today, reward distributors and trade partners across the country.

    The award, according to the company’s Corporate Affairs Adviser, Mr. Kufre Ekanem, will be given to distributors and key transporters, who excelled in their business partnerships with NB. last year.

    The event, which will hold in Lagos, would be  preceded by a distributors’ business meeting to recognise and reward excellent performance of the company’s distributors and transporters for the year. The awards will also provide the platform to evaluate the previous year’s business performance and communicate new business strategies to distributors.

    The awards categories include: National Volume Champion; National Volume Champion (1st & 2nd Runners Up); Regional Champions; Regional Volume Champion – 1st Runner Up; Regional Volume Champion – 2nd Runner Up. Others are: Millionaire Club (SKDs), who achieved between 1m and 1.99m cases); Millionaire Club (SKDs), who achieved between 2m and 2.99m cases) and Millionaire Club (SKDs) who achieved 3m cases and above.

    Prizes to be carted home by lucky distributors include brand new Mercedes Benz truck; Mitsubishi Canter trucks; Mitsubishi L200 double cabin; forklifts; sound proof generating sets; cash rewards and several free cartons of Nigerian Breweries products. Ekanem said apart from rewarding the distributors, the night was exceptional.

     

  • NB Plc profit drops by 10.5 per cent

    NB Plc profit drops by 10.5 per cent

    Nigerian Breweries Plc has declared 10.50 per cent drop in profit after tax for the financial year ended December. 31, 2015. It  posted a profit after tax of N38.06 billion against,  N42.52 billion achieved in the corresponding period of 2014. The report is contained in the company’s audited result released by the Nigerian Stock Exchange (NSE)  in Lagos, yesterday..

    Further breakdown of the company’s result indicated that profit before tax dipped by 11.30 per cent to N54.514 billion from N61.461 billion reported in 2014. Its turnover appreciated by 10.30 per cent to N293.91 billion compared with N266.37 billion achieved in 2014. Also, non-current liabilities dipped to N43.82 billion in contrast with N63.24 billion in 2014, while net assets increased to N172.321 billion from N171.964 billion in the previous year.

    The company’s total non-current assets grew to N302.91 billion from N296.51 billion, while total current liabilities grew to N140.08 billion from N114.03 recorded in the preceding year.

  • NB advocates grassroots sports development

    The 4th Lawn Tennis Tournament sponsored by the Nigerian Breweries (NB) Plc has ended in Onitsha Sports Club, Anambra State with a call for grassroots sports development.

    The tournament, which began in 2012 through the sponsorship of Nigerian Breweries Plc at the Onitsha Sports Club aimed at encouraging sports and physical fitness among members of the club.

    At the end of the tournament, Mr Kingsley Okoye emerged winner with the highest point of 18 while Mr. Kenechukwu Aniobi and Emma Odenuga emerged second and third respectively and received microwave sets as gift.

    Speaking at the grand finale of the event, the Public Affairs Manager of NB Plc, Mr. Patrick Ejidoh said sponsorship of the event was part of the company’s corporate social responsibilities to the society in which it operates.

    “We have been partnering with Onitsha Sports Club on Lawn Tennis for the past four years. We have also been funding the tournament.

    “We have organised the tournament in Benin, Makurdi, Enugu and Aba. We also organise Gulder Ultimate Search in Anambra and somebody went home with a car, courtesy of the NB Plc,” he said.

    In his remarks, the captain of the club, Mr. Uchenna Okpalaobiokoye expressed his happiness over the   tournament.

    He said since NB began sponsorship of the tennis tournaments, the lives of the members have improved physically and mentally.

    “We really appreciate what NB Plc is doing in Onitsha Sports Club. Since we began the tournament, there have been a lot of improvements in the lives of the members. The game of tennis helps the body to keep fit. We will continue to thank and appreciate them for their continuous sponsorship of the event,” Okpalaobiokoye.

    Also in his remarks at the closing ceremony, the President of the club Chief Felix Nwosu commended the NB for sponsoring the tournament, saying that the advantages of the championship could not be over-emphasised, as they enable members to be abreast of the rudiments of the game.

    He noted that the competition always raised the standard of their games and will make the participants to maintain good body fitness and good health, which keeps them busy and active as well as to upgrade the facilities of the section.

    Nwosu, however, urged other multi-national companies and organisations to sponsor other games in the club, saying the NB Plc has sponsored the tournament for four consecutive years.

    Highlights of the event were the awards of prizes to those who performed well in the tournament as well as luncheon for members courtesy of NB Plc.

  • Why we sponsored Ojude Oba, by NB

    Why we sponsored Ojude Oba, by NB

    • Festival a boost for commerce and trade’

    The Nigerian Breweries (NB) Plc has praised organisers of the Ojude Oba festival for showcasing the rich culture of the people of Ijebuland in Ogun State.

    Reviewing the festival, held three days after Eid-El-Kabir last month, NB said it was impressed by how the festival highlighted the Ijebu  tradition and culture.

    The brewer said it put up a 10-day Beer Village at the festival where visitors and consumers enjoyed its Goldberg brand.

    The Beer Village, according to the brewer, provided a serene and relaxing ambience for consumers who had fun with their friends and family for the ten-day period.

    The climax of activities at the Beer Village was a raffle draw. Some Goldberg consumers went home with several prizes.

    Goldberg Brand Manager Mfon Bassey eulogised the people of Ijebu land for embracing the cultural values of the festival which is a yearly traditional event indigenes of Ijebu and tourists look forward to because of its rich cultural heritage.

    He stated that “the Ojude Oba Festival celebrates religious tolerance that has prevailed in Ijebu for over two centuries. The festival is not all about equestrian display, parade of culture and tradition, merry making and fun fare, it provides the Ijebu nation the opportunity to take stock, embark of self-help projects, reunite with family members and acquaintances, and supplicate to the Almighty God”.

    The festival also boosts commerce and trade in its entirety as commercial and trading activities are at their pick during the festival. The festival touches every spectrum of life in Ijebuland. All the facilities- hotels, restaurants, artisans, craftsmen, transporters, professionals, market women and men, etc. are fully engaged with several multiplier effects.

    The Corporate Affairs Adviser, Nigerian Breweries Plc, Mr. Kufre Ekanem said Nigerian Breweries is associating with the age long Ojude Oba festival with the Goldberg brand to give consumers the wonderful experience of a life time.

    He said the brand’s beer village at the Dipo Dina stadium created a platform for locals and tourists to enjoy Goldberg Lager Beer amid the fun fare of a musical carnival.

    “Nigerian Breweries is very proud to be associated with a carnival of this magnitude that brings thousands of indigenes, tourists and guests from all walks of life to the historical city every year. As the foremost brewery in the country, it delights us to sponsor this year’s carnival and also participate in the cultural parade that equally serves as a distinctive platform to reconnect with the values that sustain the rich cultural heritage and the uniqueness of the Ijebu people,” Ekanem said.

    For every two bottles of Goldberg bought, consumers were given a raffle ticket which qualified them to enter for the raffle draw. A lot of fantastic prizes like refrigerators, bags of rice, vegetable oil, generators, etc. were won during the raffle draw.

     

  • NB earmarks N100b for commercial paper project

    Nigerian Breweries Plc has signed a deal to establish a N100 billion Commercial Paper (CP) Programme to execute the company’s financing strategy, in an increasingly competitive market environment.

    During the signing at the firm’s head office, Iganmu, Lagos, the brewer said the programme, believed to be the largest established by a (non-financial institution), is expected to complement NB’s other sources of working capital, while diversifying its funding sources to include non-bank investors.

    The event was witnessed by representatives of the transaction advisors from Stanbic IBTC Capital Limited, FBN Capital Limited, Banwo & Ighodalo as Legal Counsel, KPMG as Auditors to the Issuer (for the relevant financial years under review), and Stanbic IBTC Bank PLC as Issuing Calculation and Paying Agent as well as officials of the FMDQ OTC Exchange.

    On the launch billed for on or before  October 8, the Managing Director of Nigerian Breweries, Mr. Nicolaas Vervelde,  said: “This transaction underscores our continued commitment to winning with Nigeria and represents the largest ever Commercial Paper programme to be established by a (non-financial institution) corporate issuer following the 2009 guidelines on commercial paper from the Central Bank of Nigeria (CBN).

    “In that regard, this effort clearly demonstrates our leadership status in the industry and an innovative approach towards executing our company’s financing strategy in an increasingly competitive market environment,” he said.

    Also, the Finance Director of NB, Mr. Mark Rutten, said: “This programme is expected to complement our Company’s other sources of working capital, whilst diversifying our funding sources to include non-bank investors.

    “Additionally, this programme will improve our ability to periodically access funding at rates mirroring money market and Treasury Bill yields, would provide Nigerian Breweries with additional tools to help manage and optimise its overall funding cost.”

    NB has been assigned a top notch investment grade rating of “Aa” by Agusto & Co. Limited.

    As highlighted by Agusto & Co, the rating assigned is representative of a company that possesses very strong financial condition and very strong capacity to meet its obligations as and when due, which clearly speaks to the corporate credentials and financial pedigree of Nigerian Breweries.

  • ExxonMobil, NB, others for SERAs awards

    TruContact CSR Nigeria, organisers of the Corporate Social Responsibility (CSR) awards, known as The SERAs, has got 47 entries.

    They were from ExxonMobil, Nigerian Breweries, Lafarge, Total, Cornerstone Insurance, Etisalat, BATN, Airtel, DHL, Nigerian Stock Exchange, FCMB, Promasidor, First Bank, among others.

    The awards described as Nigeria’s top CSR and sustainability honour entries is in its ninth year. The awards process is designed to integrate principles and framework of the Global compact, global reporting Initiative and ISO 26000.

    The SERAs is reputed to be the major promoter and force behind galvanising businesses across various sectors and industries in Nigeria to imbibe the ethos of CSR and sustainability in Nigeria.

    The theme of the 2015 awards is: Building partnerships for a sustainable future; business leadership as a catalyst for development. This seeks to highlight the lessons learned from Nigeria’s inability to completely attain the millennium development goals targets and building on the lessons of the MDG’s to begin a move towards attaining the sustainability development goals (SDG’s), and also promoting the vital roles that cooperation and partnerships will play in efforts to achieve the SDG’s.

    All is set for the commencement of verification and facility visit to projects and locations entered by the organisations. The SERA involves the production of a yearly Nigeria Social Enterprise Report that documents the CSR and sustainability interventions of corporate organisations.

    Meanwhile, the organisers have released a call for entry for the Tunmise Adekunle Awards for CSR reporting, a category introduced in 2009, to promote media excellence in reporting CSR and sustainability in Nigeria.

    Entries for this category close on September 21.

    The awards is billed to hold on November 14 at 6p.m. at Shell Hall, MUSON Centre.

  • ExxonMobil, NB, others beat The SERAs’entry deadline

    TruContact CSR Nigeria, organisers of the yearly Nigeria CSR awards otherwise known as The SERAs have announced receiving   47 entries from participating organisations for the 2015 Awards.

    Entries were received from ExxonMobil, Nigerian Breweries, Lafarge, Total, Cornerstone Insurance, Etisalat, BATN, Airtel, DHL, Nigerian Stock Exchange, FCMB, Promasidor, First Bank amongst others

    The award that is Nigeria’s top CSR and sustainability honour enters in ninth year. The awards process is designed to integrate principles and framework of the Global compact, global reporting Initiative and ISO 26000.

    The SERAs is reputed to be the major promoter and force behind galvanising businesses across various sectors and industries in Nigeria to imbibe the ethos of CSR and sustainability in Nigeria.

    The theme of the 2015 awards is – Building partnerships for a sustainable future; business leadership as a catalyst for development. This seeks to highlight the lessons learned from Nigeria’s inability to completely attain the millennium development goals targets and building on the lessons of the MDG’s to begin a move towards attaining the sustainability development goals (SDG’s), and also promoting the vital roles that cooperation and partnerships will play in efforts to achieve the SDG’s.

    All is set for the commencement of verification and facility visit to projects and locations entered by the organisations. The SERA involves the production of an annual Nigeria Social Enterprise Report that documents the CSR and sustainability interventions of corporate organisations countrywide.

    Meanwhile, the organisers have released a call for entry for the Tunmise Adekunle Awards for CSR reporting, a category introduced in 2009 to promote media excellence in reporting CSR and sustainability in Nigeria. Entries for this category close on September 21.

    The awards ceremony is billed to hold on November 14 at 6p.m. at Shell Hall, MUSON Centre.