News
Nielsen Commissions Projects, Marks Global Impact Day Worldwide
As part of efforts aimed at touching lives of people and making positive contribution to the society where it operates, Nielsen Nigeria, a member of the global brand which offers marketing research and consumer insights for businesses, has extended its philanthropic gestures to pupils of Local Government Primary School, Ikeja, Lagos.
The company recently donated a library, borehole and other items to pupils of the school.
Nielsen Nigeria noted that the donations were part of its CSR activities tagged Nielsen Global Impact Day (NGID) an event organised yearly to impact the lives of people and the society. Nielsen identifies Health, Nutrition and Education as key pillars that help humanity to thrive.
Local Government Primary School, located in Ikeja currently has 280 pupils and 30 teachers.
Pupils in the school hitherto suffered lack of water and good library, but Nielsen Nigeria under its 2015 NGID shouldered the responsibility to renovate the borehole and refurbish the library. The company also donated goody bags which contained useful hygiene items to the pupils.
The school now boasts of clean drinking water and a well-equipped library that is conducive for reading.
Speaking during the handing over of the amenities to the school, Mr. Lampe Omoyele, managing director, Nielsen West Africa, noted that the company deeply cares about contributing to its society through initiatives such as this.
He also said the NGID initiative is observed in over 100 other countries around the world by Nielsen.
“At Nielsen, we are keen about impacting the lives of people, community in our environment. We recognise that the government cannot do it all alone so we are proud to lend support that goes a long way to touch the lives of people. We realise that water is a necessity that is why we renovated the borehole to provide water. Also important to these kids is reading. When they have access to good books and library they learn properly so we donated books and renovated the library,” Omoyele said.
In her response, Mrs. Elizabeth Akapo, assistant head teacher of the school, expressed gratitude to the Nielsen for providing the facilities.
Her words: “Pupils hitherto would go outside the school premises far away to get their drinkable water every day because the borehole was out of order. Water is an essential necessity so the pupils and teachers need it.
They need water after meals and even for other uses while in the school, but the borehole had stopped working for months. With the boreholes restored by Nielsen, it is such a relief and delight for teachers and pupils.
“On the other hand, our school library was not pleasant to pupils to come in and read as it had old text books that were not in the curriculum. So the company out of concern renovated the library to make it appealing to pupils and equipped it with textbooks needed by pupils in line with the curriculum. Now pupils would be motivated to use the facility because it is attractive and well furnished. We deeply thank Nielsen for the love, care and support they have given to us,” she explained.
Mrs Bolanle Shittu, education secretary, Ikeja Local Government, also praised Nielsen Nigeria for touching the lives of pupils in the primary school. She noted that she is a product of the school which was founded in 1952.
She said: “The school has been receiving support from many people and organisations, but Nielsen’s impact was outstanding because it made so much impact in the lives of pupils and teachers.”
Some of the kids expressed appreciation to Nielsen Nigeria for alleviating their plight and giving them hope.
A primary six pupil, Favour Onoja, described the donations as timely and important, while Sunday Babatunde of Primary 5 noted that he felt so special and loved to be cared for by Nielsen Nigeria.
The pupils also entertained the Nielsen Team and other guests present with traditional dance, a playlet on gender discrimination and a debate on the topic ‘Females are better than males.’ Nielsen team also spent time with the pupils by reading books, mentoring and listening to the pupils in all the classes. The pupils were also served with free meals.
Other members of the Nielsen Nigeria team led by Mr. Omoyele include Omolola Oyebola, Associate Director, Human Resource West Africa; Ada-Obi Okafor, Quality Control& Training Manager among others. Guests present at the occasion were Mr. Muritala Mogaji, Chairman, School-Based Management Committee (SBMC); Mr. Ade Abatan, Director, Social Mobilisation Department, Ikeja Local Government; Mr. Patrick Souza and Mrs. Lanre Aina both from the Public-Private Partnership (PPP), Lagos SUBEB.
Socio-Economic Rights and Accountability Project (SERAP) has called on Mr. Bayo Bashir Ojulari, group chief executive officer, Nigerian National Petroleum Company (NNPCL) Limited, to provide clarification regarding the missing N500 billion.
According to the World Bank, this sum was not remitted to the Federation Account between October and December 2024.
SERAP is urging accountability and transparency in addressing this financial discrepancy.
SERAP urged Mr Ojulari “to identify those suspected to be involved, surcharge them for the full amount involved, and hand them over to the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Economic and Financial Crimes Commission (EFCC) for investigation and prosecution.”
SERAP also urged Mr Ojulari “to invite the EFCC and ICPC to investigate the spending and whereabouts of the N500 billion, and to ensure the full recovery and remittance of the money to the Federation Account without further delay.
Last week, the World Bank disclosed that out of the N1.1 trillion revenue from crude sales and other income in 2024, the NNPC only remitted N600 billion, leaving a deficit of N500 billion unaccounted for. The International Monetary Fund (IMF) also recently called for the subsidy removal savings to be transferred to the national budget.
In the Freedom of Information request dated 17 May 2025 and signed by Kolawole Oluwadare, SERAP deputy director, the organisation said: “There is a legitimate public interest in explaining the whereabouts of the alleged missing N500 billion oil money and grave violations of the Nigerian Constitution 1999 [as amended]’
“The country’s oil wealth ought to be used solely for the benefit of the Nigerian people, and for the sake of the present and future generations.”
According to SERAP, Nigerians have the right to know why the NNPCL failed to remit the subsidy removal savings to the Federation Account.
“We would be grateful if the recommended measures are taken within 7 days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall consider appropriate legal actions to compel the NNPCL to comply with our requests in the public interest,” the letter read in part.
“Without the full recovery and remittance of the missing N500 billion of oil revenue, the dire economic situation may worsen and Nigerians will continue to be denied access to basic public goods and services,” it read.
“The Freedom of Information Act, Section 39 of the Nigerian Constitution, article 9 of the African Charter on Human and Peoples’ Rights and article 19 of the International Covenant on Civil and Political Rights guarantee to everyone the right to information on the whereabouts of the missing N500 billion of oil revenue.”
Hannatu Musawa, Minister of Arts, Culture, and the Creative Economy, has revealed that the ministry has secured over $300 million in investment commitments.
Musawa disclosed this at the Ministerial Press Briefing Session held on Friday in Abuja.
She emphasised that the government has set a goal of creating at least two million jobs within the creative industry by 2027.
According to her, “In just 18 months, we have secured over $300 million in investment commitments and established innovative funding mechanisms, including the Creative Economy Development Fund (CEDF).
“We have also initiated the development of key infrastructure projects, which are projected to generate at least two million jobs by 2027.”
The Minister further noted that President Bola Tinubu plans to unveil creative hubs across Nigeria’s six geopolitical zones in the coming months, positioning Nigeria as a global hub for creativity.
“Beyond the numbers, we have elevated Nigeria’s global cultural standing while ensuring inclusivity, empowering rural communities, women, and young people to participate meaningfully in the creative economy,”.
The Minister highlighted the significant role the creative economy will play in Nigeria’s future, particularly the music industry.
She pointed out that the government has identified five key segments within the music value chain production, marketing, sales, and others—that can generate over 500,000 new jobs by 2030, representing a transformative opportunity for Nigeria’s economy.
“A key initiative in this drive is the $200 million Creative Economy Development Fund (CEDF), managed by the African Export-Import Bank (AfreximBank).
The fund aims to provide affordable financing to creative businesses and entrepreneurs, empowering them to innovate, expand their operations, and contribute to job creation across multiple sectors such as film, music, fashion, and tourism.
The minister said in addition to funding, the ministry is working on the Abuja Creative City project, which seeks to transform the capital into a vibrant hub for the creative sector.
“This project is expected to foster economic growth, create job opportunities, and showcase Nigeria’s diverse cultural heritage.
The Minister also emphasized the importance of effective policy formulation to foster the growth of the creative sector. Currently, the Ministry is evaluating 49 sub-sectors within the creative industries, with priority given to key areas such as music, film, fashion, art, and gastronomy.
“This targeted approach is aimed at driving sustainable development and further enhancing Nigeria’s cultural and economic standing on the global stage.
“Through these initiatives, the Nigerian government is taking significant steps to harness the untapped potential of its creative industries, paving the way for a more dynamic and inclusive economy.
As part of this effort, the Ministry, in collaboration with the private sector and led by the Nigerian Economic Summit Group, is working on creating a clear policy framework not just for the creative economy but also for the art, culture, and tourism sectors.
The Nigerian government is working on a series of policy reforms National Intellectual Property Policy, which will soon be presented to the Federal Executive Council.
This policy aims to foster industry growth by securing intellectual property rights for creators. Additionally, the government is reviewing key policies such as the National Policy on Incentives for the Arts, Culture, and Creative Economy, which is designed to offer incentives and boost confidence among creative businesses.
Another important update is the review of the 2005 National Tourism Policy, intended to better support the tourism sector, which plays a crucial role in Nigeria’s cultural economy.
The government is updating the outdated 1988 National Policy on Culture and introducing a new Policy on Monetary and Credit Solutions to ensure financial support for creative businesses.
Alongside the Creative Economy Development Fund, these reforms aim to create a supportive environment for the sector to grow and position Nigeria as a major force in the global creative economy.
Musawa also announced the implementation of the Creative Economy Development Fund (CEDF), which aims to provide funding to creative businesses, drive innovation, and create jobs across multiple sectors.
Additionally, a global standard arena is under construction in Nigeria to host major music and cultural events, aligning with the country’s ambition to become Africa’s cultural hub.
Husk Power Energy Systems Nigeria Ltd (Husk Nigeria), a subsidiary of solar mini-grid operator Husk Power Systems Inc., has received a $5 million investment from The International Finance Corp. (IFC), a member of the World Bank Group, with the support of the Government of Canada.
L-r: Ethiopis Tafara, Regional Vice President for Africa, International Finance Corporation (IFC), and Olu Aruike, Country Director, Husk Power Systems, Nigeria during the signing of a $5m investment meant to expand access to reliable, renewable energy in Nigeria through IFC’s $250m DARES platform in Abidjan, Cote d’Ivoire
The financing will support the rollout of Husk’s portfolio of solar hybrid mini grids in Northern Nigeria, helping address one of the country’s most urgent development challenges: access to electricity.
It marks the first investment under the IFC Distributed Access through Renewable Energy Scale-up (DARES) Platform, a $200 million debt facility approved in November 2024 to catalyze private sector solutions across West and Central Africa.
The DARES Platform complements the World Bank-financed Nigeria DARES Project, a $750 million initiative launched in December 2023 and implemented by Nigeria’s Rural Electrification Agency.
Together, these efforts aim to provide over 17.5 million Nigerians with new or improved electricity access through decentralized renewable energy (DRE) systems.
IFC’s financing package will enable Husk to develop and operate up to 108 mini-grid sites, resulting in around 28,750 new electricity connections and delivering clean, affordable energy to around 115,000 people and businesses.
The total project cost is estimated at $25 million. IFC’s $5 million package includes a $2.5 million senior loan from its own account and a $2.5 million concessional subordinated loan from the Canada-IFC Renewable Energy Program for Africa.
The facility is structured as a revolving loan, allowing Husk to repay and redraw funds multiple times during the project’s implementation.
“The DARES Platform is an innovative approach to tackling one of Africa’s most pressing challenges—energy access. By partnering with Husk, a leading renewable energy developer globally, through the first project under the DARES Platform, we are not only addressing the immediate electricity needs of underserved communities in Nigeria but also laying the foundation for a scalable model that can be replicated across the continent,” said Ethiopis Tafara, regional vice president of Africa, IFC.
“This innovative debt facility is exactly what the minigrid industry needs to scale — blended, long-term and affordable capital,” said Manoj Sinha, Husk co-founder and CEO.
“Access to working capital is critical for sustained and rapid growth. Adding 108 new communities to our minigrid portfolio with IFC support is an important step toward our goal of deploying at least 250MW of decentralized renewable energy projects in Nigeria.” said Olu Aruike, Manager, Husk Nigeria.
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