Tag: programme

  • Kia introduces ownership rewards programme

    Kia has rolled out a programme to reward its car owners with up to 25 per cent discount on all repairs for old models.

    Tagged: Kia Ownership Rewards Program (KORP), the programme is aimed at offering greater value, convenience, and support to customers who have owned a KIA for five years or more. It offers waivers ranging from 15 per cent to 25 per cent on service cost and genuine parts. These discounted pricings are premised on the years of Kia ownership, as it progressively reduces the cost of maintenance based on the years the car has been in operation.

    More often than not, old car owners are faced with the increasing cost of ownership owing to the depreciating parts of the cars and the need to continuously replace them to keep their vehicles in top condition.

    The programme is available on parts and labour charges, basic maintenance, battery replacement, select suspension and air conditioning parts, brakes, routine service parts amongst others. Additionally, the old Kia owners will be entitled to special discounts on body shop repairs and painting.

    According to Kia Motors Nigeria Chief Operating Officer Sanjay Tatpati, the initiative is “in line with our effort to foster ‘peace of mind’ in our customers and engage them meaningfully to drive affinity with Kia through service programmes that speak to them rationally and connect them emotionally to our brand with the implementation of exceptional services, we have added this value-added service, KORP to our service portfolio to drive customer satisfaction at its peak. This underscores our commitment to our brand’s global initiative, the ‘Promise to Care’; our service philosophy to offer service excellence and exceptional customer experience. This programme is set to reward them throughout the vehicle’s lifecycle.”

    With the introduction of KORP, Tatpati said Kia is setting a new benchmark in the auto industry.

    “This programme will substantially bring down the cost of maintenance as their Kia vehicles get older. Coupled with the unbeatable quality of Kia Motors Nigeria’s aftersales service, KORP will provide greater value for our customers,” he said.

  • Afreximbank presents trade facilitation programme to Egyptian banks

    The African Export-Import Bank (Afreximbank) has met in Cairo with leaders of the Egyptian Banking sector to present a new trade facilitation programme which it has developed to transform Africa’s trade

    The Afreximbabnk Trade Finance Facilitation Programme, which compromises a Trade Confirmation Programme and a Trade Confirmation Guarantee Programme, is being offered in response to the increasingly stringent compliance and regulatory requirements being imposed by international banks on African banks for trade confirmation lines. Those requirements have resulted in the international banks reducing or withdrawing trade lines to African banks and in confirming banks having risk capital and capacity constraints to support trade finance transactions.

    The Trade Facilitation Programme is, therefore, structured to enhance the confidence of counterparties in the settlement of international trade transactions for intra- and extra Africa trade and to improve correspondent banking relationships.

    Participating in the session, which took place on 27 Aug., were executives from 24 banks, including Abu Dhabi Islamic Bank; Ahli United Bank (Egypt); Al Ahli Bank of Kuwait; Alex Bank; Arab Bank; Arab International Bank; Arab Investment Bank; Attijariwafa bank; Banque du Caire; BanqueMisr; Blom Bank; Commercial International Bank; Credit Agricole Egypt; Egyptian Gulf Bank; Emirates NBD; Export Development Bank of Egypt; First Abu Dhabi Bank; Mashreq; National Bank of Egypt; QNB Al Ahli; SocieteArabeInternationale de Banque; Suez Canal Bank; The United Bank; and Union National Bank.

  • Lagos woos final year students with skills programme

    The Special Adviser to the Lagos State Governor on Education, Mr Obafela Bank-Olemoh has been busy since last week going round tertiary institutions in Lagos to woo final year students to register for the ReadySetWork (RSW) initiative.

    This year’s edition of the employability and entrepreneurship training programme, the third in the series, would begin in July and end in September.

    This year, too, would have a larger pool of participants, 5,000, drawn from the Lagos State University (LASU), Lagos State Polytechnic, University of Lagos, Lagos State College of Health Technology (LACOHET), Michael Otedola College of Primary Education (MOCPED), Epe, Adeniran Ogunsanya College of Education, Ijanikin, and new entrants, Caleb University, and the Yaba College of Technology (YABATECH).

    Speaking at a sensitisation programme in LASU last week, Bank-Olemoh urged the final year students to register online for the six-week pre-requisite course that would qualify them for the 13-week face-to-face programme.

    He told the students that participating in the programme was an opportunity to start their careers on a strong footing that could stand them apart.

    “I want to let you know that you can change your own life.  You are the most privileged final year students in Nigeria because no other state does this.  Last year, we did just 2,000 students and placed 1,000 on internship.

    “If you want to be part of this RSW and you did not do the RSW academy programme online in your penultimate year, you need to be part of the RSW Academy for six weeks to complete the six modules and pass,” he said.

    Bank-Olemoh warned the students against late coming to the RSW centres at LASU, UNILAG, and LASPOTECH, stressing that tey must achieve 80 per cent attendance to graduate from the programme.

    “We will run the RSW for 13 weeks – Saturdays only.  You must be seated by 8.45am.  If you get there late, you will be marked absent.  Out of the 13 weeks, you must come 11 weeks; no excuses.  This year, we paid for an attendance tracker.  You swipe in and swipe out.  We are preparing you for the world of work out there.  Students think the world revolves around them, but when you get to the  real world, al that matters is to get the work done,” he said.

  • Fraud in Social Investment Programme

    Fraud in Social Investment Programme

    SIR: We laud the honesty behind the disclosure of the fraud involving the Social Investment Programme of the federal government in some states as announced by the Special Adviser to the President on Social Investment Programme, Mrs. Mariam Uwais. We align with her suggestion for proper monitoring of the scheme nationwide. This kind of honesty is needed in our collective effort to fight corruption in the country.

    It clearly shows that there is no hiding place for the corrupt under her watch. It clearly shows that there is hope at the other end of the tunnel in our fight against graft and she deserves commendation.

    The presidential aide’s admittance that “the Federal Government was weak in the monitoring of the implementation of the programmes reinforces the need for civil society partnership with government to strengthen the monitoring of expenditure of funds meant for the programme.

    Uwais had listed those corrupt practices as including shortchanging, racketeering and harassment of beneficiaries as well as exploitation of the vulnerable. It is sad to note that state officials working under the programme were taking undue advantage of the poor people they were supposed to be serving and helping to exit poverty. We call for full scale investigation by the federal government to bring all suspects to book to serve as deterrence to others.

    ANEEJ as a leading CSO in monitoring of the use of public funds for poverty eradication in the country would bring our experience to support the effort of government in this regard, more so as some looted funds being repatriated from Switzerland and other sources are being chanelled to National Social Investment Programme. We would join forces with other stakeholders to ensure that monies meant to combat poverty are not looted by the corrupt at the state levels.

    The social investment programme of the federal government was put in place by the Buhari administration as a palliative measure. It seeks to create jobs through a school feeding programme for children in primary schools and soft loans to indigent women and youth. Prior to revelations by the organisers of the programme, there have been complaints regarding the quality of food being fed to school children and ghost recipients who have hijacked it for fraudulent intents. These instances reveal that the programme, laudable as it seems, may be one example of a social remedy which may not have been well-thought out for execution.

    It is for this reason that ANEEJ calls for a committee to be set up by the federal government to rejig and re-evaluate the programme based on the revelations of corruption and irregularities expressed by the coordinators of the Social Investment Programme.

     

    • Rev David Ugolor,

    Africa Network for Environment and Economic Justice,

    Benin City.

  • Senate committee begs for funds for programme

    Senate committee begs for funds for programme

    Senate Committee on Information Communication Technology ( ICT) yesterday begged the Ministry of Communications to  provide fund for its annual conference on cyber space security.

    Its Vice Chairman, Senator Fosta Ogola, in his observations of the N6.94 billion 2018 budget estimates of the ministry presented by Communications Minister, Adebayo Shittu, noted that there was no provision for annual conference on cyberspace security the committee started with last year.

    Ogola said: “Mr. Minister , I’ve gone through the proposed expenditure of the 2018 budget of your ministry without seeing any headline or item capturing the annual cyberspace security workshop started by this committee last year .

    “We appreciated your ministry ‘s funding of last year’s conference and since it is an annual programme, we expected you to have factored it into your ministry’s 2018 budget projections.

    “The programme is very important since it is aimed at addressing our highly vulnerable cyber space .”

    Chairman of the Committee, Senator Abdulfatai Buhari, further underscored the need for the funding.

    He noted that funding of the annual programme by the ministry should be part of its priorities towards getting the required strategies  and ideas of  fortifying the Nigerian cyberspace .

    The minister assured the committee that the request would be considered.

    He also asked the lawmakers to fast track work on amendment bill to the Cyber Council Act towards empowering the ministry in  the monitoring and   management   of cyber space  activities.

     

  • NBTE hails foundation on programme

    The National Board for Technical Education (NBTE) has hailed the Foundation for Energy Health Studies International School for upgrading the alternative medicine school into a National Innovative Diploma (NID) awarding institution.

    “As a board, we promise to support this effort to achieve the envisaged success,’’ the Deputy Director of NBTE, Mr. Abdul Kofarmata, said yesterday at Mgbowo in Awgu Local Government of Enugu State.

    Kofarmata, who led other NBTE officials to the school for its resource inspection ahead of its award of NID, noted that the institution would be the first in Africa to run such a programme.

    He said NBTE came to assess the human and material facilities available for the delivery of energy health studies curriculum, which would lead to the award of NID.

    The deputy director said Ministry of Education might allow the school to award NID if the requirements met NID curriculum.

    He explained that NID was a specialised diploma programme that was 100 per cent practical, which after training prepared candidates to start practice.

    The founder of the institution, Prof. Joseph Akpa, hailed the Federal Ministry of Education and NBTE for the visit.

    He thanked them for the assurance to consider the foundation’s proposal for approval to run programmes under energy health.

    Akpa appealed to NBTE and Federal Ministry of Education to approve the diploma programme, adding that the school’s programmes should be aligned with Joint Admission and Matriculation Board’s (JAMB’) programmes.

  • World Bank programme boosts agribusiness

    World Bank programme boosts agribusiness

    The Lagos State Commercial Agriculture Development Project (CADP) is helping to achieve the World Bank’s twin goals of ending poverty and boosting prosperity by creating new agric entrepreneurs. DANIEL ESSIET reports.

    Nurudeen Adekunle, a Physiology Graduate, has been searching for jobs without any success until he saw the advert of the Lagos State Commercial Agriculture Development Project (CADP) announcing opportunities in agri-business for graduates.

    The World Bank-Assisted-CADP is aimed at strengthening agricultural production systems and facilitating access to market for participating small and medium scale commercial farmers. It supports the commercialisation of agriculture production, processing and marketing output among small and media-scale commercial farmers and agro-processors.

    Adekunle applied and got the job. He was trained on poultry business.

    At the end of the training, he was given a starter pack which include cage (for the birds), feeds, generating set, crates to pick the eggs, shovels, and wheel barrows.

    Today, his farm is a small scale success story. Adekunle said the poultry business has transformed his life. He makes a lot of money from selling eggs and mature birds. He supplies chicken to individuals, supermarkets and hotels. Not only has he been able to find a sustainable means of livelihood, he has now money to take care of his parents.

    According to him, “the CADP initiative is very commendable which focus is to create employment and encourage participation in agriculture. I must commend the Lagos State government and the World Bank for this”.

    Another beneficiary is Miss Ronke Parker, a science graduate. She knew about the project from a newspaper. She picked the form, filled it and was selected. He received training in fish farming.

    She had one month training at the Nigerian Institute for Oceanography and Marine Research (NIOMR), Victoria Island, Lagos. She was awarded a certificate on completion of the training. Thereafter, she registered a company.

    The initial cost was N2.5 million. But amount was not given to her in cash. Instead, she received equipment.

    According to her, CADP provided her all the equipment, fish input and quality fish feed.

    She also got automatic fish grader (sorting machine). Several service providers came to her, providing everything she needed for the business. Today, she  has set up a fish farming business.

    Miss Parker said CADP trained her on agric business.

    One difference the programme has made among fish farmers is  ending the era of traditional method of fish-smoking that sees women spending many hours tending to fish laid out on mesh over smoking coals. That is changing with the introduction of smoking kilns. The technology also helped Miss Parker   to save time.

    Before farmers spend about two days drying and smoking the fish. Now, it takes about seven hours to finish it. With CADP, her dreams are becoming a reality. She expressed gratitude to the state government and those handling the project.

    Najeem Olalekan Gbadamosi is elated at the opportunity given to him by the government. A technical school product where he studied Electrical/Electronics Engineering, he is into Aquaculture value chain under the scheme.

    “I got information about the project from a newspaper and a Television programme on LTV (Lagos Television). I got the form, filled it and I was selected. I had one month training at the Nigerian Institute for Oceanography and Marine Research (NIOMR), Victoria Island, Lagos. I was awarded a certificate on completion of the training. Thereafter, I registered a company- Starworld Integrated Farm Nigeria Enterprises- with the CAC and opened accounts (current and savings) with Fidelity Bank. Over 50 service providers came to me; they provided everything I needed for the business according to my proposal.” Gbadamosi said.

    The indigene of Lagos from Agege said he has completed first phase of his business and ploughed back the profit into the second phase.

    “The total initial cost outlay was N2.35million. But it was not given to me in cash. It was given to me in the form of input into the business. All the things I needed, they provided, which covered the running cost. For instance, at inception, I was provided with borehole, generating sets, petrol, fish, feeds, etc. I started with 1,500 fish today it is about 10,000,” he said.

    According to him, “the important thing is that I enjoy what am doing. Naturally, I like agriculture. It was my father that insisted I should study Electrical Engineering because of his own background. I do not regret it though, because I am using the experience in my farm. I do all the electrical and technical work by myself; so, it is good for me.”

    So far, most of his clients are home owners. He believes he is on the right track and does not waiver in his determination to succeed. While fish farming remains a largely untapped market with a few incentives, he has decided to be a trendsetter and beat his own path in the industry.

    He was excited about the project, adding that they were well- equipped and capable of achieving great milestones while scaling their impact.

    Mrs. Funmi Ayoola , a Marketing  graduate of The Polytechnic, Ibadan, based in Opesa, Iyana Ipaya,  is one fish farmer whose story inspires. She, like her peers, had looked forward to secure a white collar job. She left with no regular source of income for some years.

    Mrs.  Ayoola, a middle age woman , started fish farming business  after she learned about the Commercial Agric Development Project’s call for expression of interest from  an announcement  on  Radio Lagos. She  applied and was  selected for  aquaculture. She was shot listed for training. After the training, Mrs.  Ayoola was supported with seed grants that helped her set up a farm.

    She was  set up with two collapsible tanks. Other items put in place for a successful and smooth running of the fish production by CADP at her farm include borehole system, generator set, feeds among others.

    “I have benefited greatly from CADP. We got collapsible tanks which reduce stress of mobility. “If I decide to change location today, my business would still continue because all I have to do is find a way of moving my fish and my collapsible fish pond. The collapsible fish pond is an improved fish rearing pond system.

    ‘‘I’m not even thinking about job search again.  Mrs. Ayoola said that the entire exercise was transparent and very professionally done,’’ she said.

    She is earning something from the business. This has not only made her feel self-assured, but also more accepted by her community.

    With a secure source of income, she now knows that she can feed her family, send her children to school, and sustain her livelihood. She feels empowered.

    For Olamielekan Otun, a beneficiary of poultry, life could not have been better. An agriculture graduate of University of Maidugari, Borno State, Lekan, Chief Executive, Freash Eggs Farms, a poultry processor,based in Alapado, Lagos learned about the in the newspapers. He picked the form at CADP office in Oko Oba, Agege. After completing the form with necessary documents attached, he  was shot listed and sent among other lucky individuals for a training at Epe.

    “My experience since then has been a wonderful one. “It has not only been a rewarding experience, I am continuously learning every day,” he said. From the  proceeds of the business, he is able to feed his  family and am hoping that the future will be brighter as he get more customers to  buy  his processed children.

    The CADP has changed the story of people  such as Lekan. It is the first of such that will empower qualified individuals with seed grants, giving agriculture entrepreneurs 100 percent of what they require to start their agro ventures. Although the project is aimed at helping participating small and medium scale commercial farmers to access improved technology, infrastructure, finance and output markets, the women and youth empowerment segment of post restructuring has proved to be a huge success.

    Apart from the poultry business, he also keeps pigs. According to him, the pigs take a short time to mature while they also breed rapidly.

    He advised the youth not to shun farming as demand for food is always rising, which means ready market. He appealed to the government to continue with the project to support youth entrepreneurship. This is the story among all the CADP Women and Youth Empowerment Programme beneficiaries.

    The seed grant has helped in setting them on the path of success as many of them are now smiling to the banks with proceeds from the CADP investment in their lives.

    CADP Project Coordinator Mr. Gbenga Ogunyinka said 45 aquaculture production beneficiaries received input support ranging from collapsible tanks, boreholes, scaffolds and tanks, juvenile fishes, weighing scales, feeds and generators, among others.

    He said 33 aquaculture processing beneficiaries were supported with smoking kilns, table size fish, packing materials, shed, charcoal, sealing machines and freezers.

    Apart from introducing fish farmers to new techniques supported by the World Bank, Ogunyinka said some of them have forayed into the international market.

    According to him, branded smoked fish produced by fish farmers in the state are sold abroad.

    In Lagos, according to findings, the project supported the rehabilitation of 16 farm access roads of 34.9 kilometres across the state, among other achievements.

  • Ogun to begin haulage harmonisation programme

    The Ogun State government will, on December 4, hold a stakeholders’ meeting to kick-start its haulage harmonisation programme to ease payment for haulage-related fees across the state.

    In a statement yesterday in Abeokuta, the state capital, Finance Commissioner Adewale Oshinowo said the event, with the theme: Harmonisation: Eradicating Multiplicity in Haulage Revenue Collection, will hold at the June 12 Cultural Centre at Kuto in Abeokuta.

    Invited stakeholders are expected to be seated by 11 a.m.

    Oshinowo said apart from curbing multiplicity of haulage taxes by different government agencies, the haulage harmonisation programme would also ease payment and promote transparency in the collection haulage processes.

    The commissioner listed the ministries involved in the programme as Agriculture, Commerce and Industry, as well as Environment and Forestry.

  • Eight Nigerian start-ups, 12 others for World Bank’s digital programme

    Eight Nigerian start-ups are amongst 20 of the most promising African digital start-ups that will take part in the XL Africa residency, the flagship initiative of the business accelerator launched last April by the World Bank Group’s infoDev program. XL Africa is funded by the governments of Finland, Norway, and Sweden, and administered by the World Bank Group with implementation support from IMC Worldwide, VC4A, and Koltai & Co.

    The programme, which ends on November 17 in Cape Town, South Africa, will allow the entrepreneurs the opportunity to learn from their mentors and peers, increase their regional visibility, and get access to potential corporate partners and investors.

    The eight selected Nigerian start-ups that will participate in the event include Electronic Settlement Limited (FinTech, Nigeria), MAX (Transport, Nigeria), ogaVenue (Venue Platform, Nigeria), Prepclass (EdTech, Nigeria), Printivo (Printing, Nigeria), Rensource (Energy, Nigeria), TalentBase (HR, Nigeria), and Tizeti Network Ltd. (Connectivity, Nigeria).Other participating African digital start-ups include Aerobotics (Data, South Africa), Asoko Insight (Data, Kenya, Ethiopia, Ghana, United Kingdom, and Nigeria), Coin Afrique (Marketplace, Senegal and Benin), Edgepoint Digital (Jamii), (FinTech – Insurance, Tanzania),and Lynk Jobs Ltd. (HR, Kenya).

    Others are Ongair (SME Services, Kenya), Pesabazaar.com (FinTech, Kenya), Rasello Company Ltd. (SME Services, Tanzania), Sendy Ltd. (Delivery, Kenya), Snapplify (Publishing, South Africa and Kenya), Sokowatch (Delivery, Kenya), and Timbuktu (Travel, South Africa).

    The 20 successful African start-ups were selected from a pool of over 900 applicants, specialising in digital solutions for the African market, including Financial Technology (Fin-Tech), transportation, health care, education, human resources, and Business to Business (B2B).

    All companies provide a digital product or service currently available in one or more African markets and show potential to scale across the region.

    The residency will conclude with the XL Africa Venture Showcase, a regional event organised in association with the African Angel Investor Summit, in which the entrepreneurs will present their business models to a select audience of corporations and investors.

    With support from African investment groups, XL Africa will help the start-ups attract early stage capital between $250, 000- $1.5 million.”We are pleased by the interest infoDev and XL Africa generated across the continent in just a few months,” Director of the Trade & Competitiveness Global Practice at the World Bank Group, Klaus Tilmes, said.According to him, XL Africa attracted firms with high-growth potential, with many having female co-founders, and have already raised early stage investment while also demonstrating significant market traction.

    Besides, the number and quality of applications received, he said, were clear testament to the competitiveness of African start-ups and the key role they play in Africa’s growing digital economy.The selection for XL Africa was conducted by a panel of industry experts from the International Finance Corporation (IFC); implementing partners IMC Worldwide, Koltai & Co, and Venture Capital for Africa (VC4A).

  • CBN commits N44b to Anchor Borrowers’ programme

    CBN commits N44b to Anchor Borrowers’ programme

    The Central Bank of Nigeria (CBN) has committed N44.1 billion to the Anchor Borrowers’ Programme (ABP) through the 13 participating financial institutions.

    Its spokesman, Isaac Okorafor, disclosed this during the CBN Special Day at the just concluded 2017 Lagos International Trade Fair.

    He said the CBN is moving into commodity associations where over 300,000 farmers will be mobilised and about two million jobs will be created.

    Okorafor listed the CBN’s intervention schemes that have impacted positively to the economy as, Agricultural Credit Guarantee Scheme Fund (ACGSF), which has created a total of 5,045,900 jobs; N200 billion Commercial Agricultural Credit  Scheme (CACS) – 1,134,772 jobs; N200 billion Small and Medium Enterprises (SME) Restructuring and Refinancing Facility (SMERRF) – 89,860 jobs; N300 billion Power and Airline Intervention Fund (PAIF) – 7,899 direct jobs and 14,304 indirect jobs; the N220 billion Micro, Small and Medium Enterprises Development Fund (MSMEDF) – 139,156 jobs.

    Others are Textile Sector Intervention Facility (TSIF) – 1,668 jobs; Nigeria Electricity Market Stabilisation Fund (NEMSF) – 1,180MW Capacity Recovery by Generating Companies (GENCOS) and over 414,000 units of meters procured; and Anchor Borrowers’ Programme (ABP) created 653,250 direct jobs.

    Okorafor said a total sum of N44.18 billion has been released through 13 Participating Financial Institutions (PFIs) in respect of 200,000 small holder farmers across 29 States in the country cultivating over 234,581 hectares of farmland in the ABP.

    The CBN targets 500,000 participants by end of 2017 on the ABP. He said the CBN is expanding the ABP through the direct engagement of commodity associations. “Currently we are working with the Rice Farmers Association of Nigeria (RIFAN) to mobilise 300,000 rice farmers who would add two million tons of rice to the national output in one year.

    He said the CBN is also working with the Federal Ministry Agriculture and rural development which aims at the pilot stage to create at least 10,000 jobs in each state of the federation.

    In order to provide access to finance for MSMEs, the acting director noted that the CBN has facilitated the establishment of the National Collateral Registry (NCR) to ensure that MSMEs and the millions of budding entrepreneurs across the country can use their movable assets to raise finance.

    Speaking at the trade fair, President, Lagos Chamber of Commerce and Industry (LCCI) Nike Akande, charged the CBN to pay more attention to excess bank charges in the banking sector.