News
COVID-19: NBC, Coca-Cola to Provide Hydration Needs of Frontline Workers
The Coca-Cola System, comprising Nigerian Bottling Company Limited (NBC) and Coca-Cola Nigeria Ltd, has restated its commitment to support the fight against COVID-19 in Nigeria with material donations to the federal and state governments.
NBC and Coca-Cola Nigeria in fulfilment of the commitment have already donated over 13 million centilitres of its beverages, including Eva premium table water and other soft drinks to provide hydration and nourishment for patients and healthcare workers at Isolation and Treatment Centres across different states in the country. Both companies also promised to continue to donate these products through the duration of this crisis.
In Lagos, the Isolation and Treatment Centres and frontline institutions that have received the donated materials include the Onikan Centre, the Gbagada Centre, Lagos University Teaching Hospital and the Lagos Waste Management Authority (LAWMA) whose street sweepers and medical waste workers are still actively working during the pandemic.
In a letter to Mr. Babajide Sanwo-Olu, the Lagos State Governor, Matthieu Seguin, Managing Director of NBC, explained that it was standard practice for it to support communities during emergencies.
He praised both the Federal and Lagos State Governments for their efforts at curtailing the spread of the virus and providing quality medical care for confirmed cases.
“We appreciate the measures deployed so far to curtail the spread of the virus and the medical care currently provided for confirmed cases in the State. We fully support these commendable measures and will continue to work hard to meet the hydration needs of Nigerians, which is critical at this stage of the crisis,” Seguin said.
Yebeltal Getachew, Managing Director, Coca-Cola Nigeria Limited, added: “As a company that is closely connected with consumers and deeply rooted in communities, we see the unprecedented impact of this pandemic on the country first-hand.
“We applaud the heroism of our healthcare workers and commend the government for its increasingly effective measures. We are appealing for everyone to come together at this time so we can defeat this pandemic with a single-minded focus.”
Receiving the first set of donated items on behalf of the Lagos State Government at the Onikan Treatment Centre, Olusegun Dawodu, Commissioner for Youth and Sports Development, thanked the Nigerian Bottling Company for the initiative, saying that the gesture shows that the company is indeed a perceptive brand that understands the specific needs of the community where it does business.
Said Dawodu: “Bottled water in its purest state of hygiene like the Eva water is a critical need of the patients undergoing treatment at this time. Water is vital in the treatment of COVID-19. It helps in rehydrating infected persons. We appreciate the Nigerian Bottling Company for rising to the occasion at this crucial moment.”
Apart from the beverage donation, Seguin disclosed that NBC is also working with some of its major restaurant partners to provide meals to healthcare professionals and others fighting on the frontlines.
NBC and Coca-Cola have also resolved to support the Federal Ministry of Health move essential materials for Coronavirus containment to different locations across the country using their distribution trucks.
Coca-Cola and NBC had earlier suspended all commercial advertising of their products in Nigeria. They channelled their committed media assets, as well as social media handle to help boost public sensitization on preventive practices as well as promote hope and optimism among the public.
In addition, both companies have also supported Federal Ministry of Health and NCDC to develop risk communication materials for use to complement the government’s public education and mobilization initiatives for the Coronavirus outbreak.
Both companies are also providing safety guidance to trade and distribution partners, as well as a partnership with a leading e-commerce platform for free delivery of products to consumers in states under partial or total lockdown.
“We will continue to build on these efforts, to increase the support we give to communities, both in the form of financial donations through NGOs who are leading the relief, as well as the donation of products to those on the frontline,” Getachew added.
Other states that have so far taken delivery of the donations include FCT, Edo, Ogun, Oyo, Osun, Ondo, Rivers, Cross River, Akwa Ibom, Imo, Kaduna, Kano, Niger, Lagos, Anambra, Delta and Ekiti while others are lined for the coming days. Other Isolation and Treatment Centres that have received the support include the Federal Medical Centre, Ebute Metta.
CWG Plc has announced a significant milestone in its commitment to delivering value to shareholders. Following a thorough review of the company’s financial performance and outlook, the Board of Directors has approved a substantial increase of 400per cent in dividend payout to shareholders.
This decision reflects CWG’s confidence in its financial stability, growth trajectory, and ability to generate sustainable returns. By enhancing the dividend payout, CWG aims to reward shareholders for their continued trust and support while reaffirming its commitment to creating long-term value.
Mr. Philip Obioha, Chairman of the Board of Directors at CWG Plc, said, “The decision to approve a 400% increase in dividend payout underscores our confidence in CWG’s performance and outlook. We are dedicated to delivering value to our shareholders and believe that this significant dividend increase is a testament to our commitment to shareholder value creation.”
This increase in dividend payout aligns with CWG’s strategic objectives to prioritize shareholder interests and maintain strong financial discipline. The Board remains committed to prudent financial management and sustainable growth, ensuring that CWG continues to be a reliable investment for shareholders.
As CWG continues to execute its growth strategy and expand its presence in the market, the Board anticipates that the increased dividend payout will further strengthen investor confidence and support CWG’s vision for the future.
CommunicationsWeek Media Limited, a certified global ICT company with over two million online subscribers, is delighted and proud to announce Prof. Yakub Aliyu, as the keynote speaker at Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture series 2024.
Aliyu, will be speaking on the theme: Artificial Intelligence (AI): The Good, The Complex and The Anticipated”, this leans heavily on the fact that AI changing our lives– we just need to know where to look today.
This year’s rebranded Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture/Awards Series is slated for Saturday, May 25, 2024 at the Four Points by Sheraton, Lagos.
The event is the most prestigious annual event that brings together captains of industry in both technology and financial worlds.
According to Ken Nwogbo, CEO, Communication Week Media Ltd, organisers of the ABoICT Distinguished Lecture/Awards Series, “the choice of Prof. Yakub Aliyu is deliberate because of his exceptional career in Artificial Intelligence (AI)”.
He added that, AI is considered to have the potential to instigate a fourth industrial revolution,1 and is dramatically changing people’s patterns of interaction and economic activities.
“The traditional factors of production and physical capital and labour may no longer promote substantial economic growth. It is generally believed that AI will be one of the most important factors determining future economic growth,” he said.
A professor of microelectronics and a scholar-practitioner in artificial intelligence and deep machine learning for industrial applications and high-speed application processors. His research interests include Multimodal AI models for high-efficiency industrial robot applications and Human AI interactions.
He also has adjunct academic professorships at five African, USA, and UK universities. Holds a BS in Applied Physics Electronics from Karlsruhe and A Bello Universities in Germany and Nigeria, an MBA in International Business Management from the University of London, an MSEE (Master of Engineering, Electronics), and a Ph.D. in Electronics Engineering from the University of Wales.
Prof. Aliyu is the global quality director for Bourns Inc., Riverside, California, USA, an electronics system, and components manufacturer. I oversee quality functions in 21 factories worldwide.
He has also held quality and operational management leadership positions at National Semiconductors, Bell Labs-Lucent Technology, Texas Instrument, Global Foundries, and Roper Technologies USA.
Authored and coauthored over 30 Advanced Technology United States-issued patents in High-Speed Application Processors and Contributed to over 40 international impact Journals, chapters, and conferences; FASI, SMIEEE USA, MIEE UK, M. Inst pf Physics Chartered Phys and C Eng UK.
Past lecturers included Dr. Ernest Ndukwe, then executive vice chairman, Nigeria Communications Commission (NCC); Engr. Yomi Bolarinwa, former Director-General of National Broadcasting Commission (NBC); Dr. Jean Luc Fort, CEO at OR System France and a specialist in Counterparty Risk; and Professor Chris Nwagboso, Chairman, Knowledge Factory International, United Kingdom.
Others are: Uche Orji, managing director/chief executive officer, Nigeria Sovereign Investment Authority (NSIA); Biodu Omoniyi, Managing Director/CEO, VDT Communications; Ayotunde Coker, Managing Director, Rack Centre Limited; Peter Adedayo Arogundade, managing director and chief executive officer, Sidmach Technologies Nigeria Limited; Dr. Adewale Obadare, chief visionary officer, Digital Encode and John Obaro, CEO and founder of Systemspecs; Prof. Isa Pantanmi, minister of Communications and Digital Economy; Dr. Seyi Akindeind, co-founder, Digital Encode; Dr Krishnan Ranganath, Regional Director, Africa Data Centres.
Legit.ng recently joined forces with the Shade of Life Foundation to become a voice of autism, and drive advocacy for improved media support during Autism Awareness Month.
Participants at the event
Conversations around media support exploration was led by Joseph Omotayo, head of Department for Human Interest Stories at Legit.ng, and Dr. Eziafakaku Nwokolo, founder and CEO of the Shade of Life Foundation,
This partnership is a response to the concerns raised by organizations like the Shade of Life Foundation about the level of support received from the media in discussing autism as a disability.
While other disabilities may receive attention, autism, with its critical developmental implications often lacks adequate representation in mainstream media.
Recognizing the importance of addressing these concerns, Legit.ng took proactive steps by integrating itself into the essence of autism awareness.
It facilitated a one-hour workshop with Dr. Nwokolo, the founder of the foundation, to deepen our understanding of autism, its various spectrums, and the language boundaries associated with it.
Other steps we took in advocating autism awareness in the media, can be seen in our attached press release.
Legit.ng believes that by amplifying the voices of autism and advocating for better media representation, we can contribute to creating a more inclusive and accepting society for all.
LG Electronics Brings the Rhythm to Nigeria with K-POP Fiesta
9PSB Empowering Women Entrepreneurs, SMEs Owners With Agent Banking Opportunities
CWG Board of Directors Approves 400% Increase in Dividend Payout
Why Multichoice Hiked Subscriptions for DStv and GOtv Packages- FCCPC
Nigerians Trust Bitcoin for Financial Security than Sanks – Report
See Full List of Fake Loan Apps Blacklisted By CBN
CBN Sacks another 50 Staff, 117 Disengaged in 20 Days
AfDB, AGF Partner on Female Entrepreneurs’ Access to Finance
Nigeria Plans AI Strategy Workshop for National Development
IMF says Rising Cyber Threats Pose Serious Concerns for Financial Stability
News1 day agoProf. Aliyu, AI Practitioner to Keynote ABoICT 2024
Telecom1 day agoThe NCC, Telcos and the Tariff Discourse
Telecom1 day agoWale Owoeye Shines among Nigeria’s Top 50 Digital Economy Leaders
Broadcasting1 day agoWhy Multichoice Hiked Subscriptions for DStv and GOtv Packages- FCCPC
Telecom1 day agoTariff Hike Threat: NCC Urges Telcos to Reduce Operating Cost
E-Financial1 day agoNigerians Trust Bitcoin for Financial Security than Sanks – Report
Uncategorized1 day agoDufil Prima Foods Brings Relief to Indigent Families in Abeokuta
E-Business1 day agoPaga Hits N14tri Transactions Value in 15 Years