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Zinox, Doing Good with CSR

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l-r: Austin Okere, Founder and CEO, CWG making a point to Ngozi Okonjo-Iweala, minister of Finance at the Economist conference, Nigeria at Eko Hotels, Lagos
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Zinox, Doing Good with CSRCorporate social responsibility (CSR) is a massive bandwagon; generating both accolades and cynicism.

But when it comes to a local company doing extraordinary things without expectation of recognition, it shows extraordinary determination to push the society a little further on towards the heights of excellence.

And while many organizations and institutions feel deeply frustrated with the government and indeed the country, this company remain convinced that the fundamental structure must be underpinned for generations yet unborn.

It is the story of the exceptional corporate social responsibility initiatives of Zinox Group, the proudly Nigerian IT conglomerate.

It is a story of placing the country first; of sticking with the society through thick and thin; and of giving back to men and women that have helped the company grow.

CSR is an integral part of the Zinox Group’s development policy. It is part of the everyday life of the company.

 Its objective is to allow the Group pursue sustainable yet profitable growth while having a positive impact on the society in which it develops.

For instance, the Group donated items worth over N50 million to the Lagos State Government.

These items include ;  four units of fully equipped Security Vans, 150 units of Digital Radio, 150 units of Digital Solar lamp and 150 units of solar torch meant to enhance the efficiency and digital comfort of the Police and other security organizations in Lagos State while on duty.

Zinox Group also made the same intervention in Imo State that cuts across security, digital equipment, Information and Communication Technology development for school pupils and training for teachers. It is also spending N50 million in the state.

The company’s CSR which is championed by Leo-Stan Ekeh, the chairman of the group and enthusiastically embraced by the board of directors and staff also targets the younger generation.

The company is to use four schools in Lagos state as Digital Content Centres for its new digital Product – the Zinox Whizkid Ver. 11, which has helped many students to achieve excellent result in GCE, WASCE, JAMB and Post UME nationwide.

Ekeh said Zinox will deploy the equipment and content, train the teachers in its digital laboratory in Gbagada, Lagos and certify them ready to challenge the best teachers in the world.

Zinox has a history of a responsible corporate citizenship in Lagos beginning with the equipping of a digital laboratory at the Lagos State Polytechnic, Ikorodu.

It has upgraded and tarred of the Redemption Crescent, Gbagada; aroused competition in mathematics for pupils in Primary 4; donated computers to many schools in Lagos State including Queens College, Yaba, and Archbishop Aggey Memorial Secondary School, Mushin; trained four budding entrepreneurs in the Spirit of the True Nigerian Entrepreneur, SoTNE and  settled medical bills of many patients.

In Imo State, the group is a household name where it has touched many lives.

It recently topped it up with an intervention that  cuts across security, digital equipment, Information and Communication Technology development for school pupils and training for teachers and worth N50 million.

The donation include four security vans, 150 Jonta flash lights, 150 self-charging digital lanterns, and 150 I-Max radio sets that would help support the security monitoring responsibility of the state.

Ekeh said his group of companies primarily concerned with knowledge development and building a new generation of Nigerians would also donate digital knowledge content encapsulated in the Zinox Whizkid Version 2 to four schools in the state.

This content would make kids from public schools better, while enhancing the overall academic performance of the underserved.

Elsewhere, in support of structured overall social development of Imo state, Zinox released some N10milion a few months ago to the Imo Foundation set up by Governor Rochas Okorocha.

The Group  has a tradition of executing major CSR every five years outside its annual commitments in the spirit of Zinox.

The company had built and equipped digital laboratories at the Federal Polytechnic, Nekede; Imo State University; Federal University of Technology, Owerri; and some secondary schools in the state.

There is no geo-political zone in the country that has not been touched by Zinox interventions in tertiary, secondary and primary education since the company’s interest is in capacity building has benefitted scores of Imo indigenes in the form of scholarships at all levels of education, including post graduate education in world class European and American universities.

Zinox CSR is intensely focused on the building of capacities for the growth of a knowledge society and equipping Nigeria to host complex events.

From Katsina to Awka and from Markudi to Ikorodu, Zinox is strategic interventions aimed at building capacities.

It has used CSR as a way to motivate all employees – starting at the lowest level of the organization because as part of its internally-focused initiative, the Zinox Group offer  scholarships to the children of all its employees who earn less than N1milion as gross salary per annum.

In simple terms, Zinox is pro-active towards “doing good”.


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FG Seeks Stakeholders’ Collaboration to Bridge Digital Gap

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The Federal Government has called for collaboration among stakeholders to bridge the digital divide in Nigeria, as it launches a series of flagship projects aimed at boosting digital inclusion.

According to Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, the government is committed to ensuring that all Nigerians have access to digital services, regardless of their location or socio-economic status.

Speaking at an industry-focused stakeholders’ engagement session in Lagos, Tijani said the projects, which include Project BRIDGE, Project 774 and the Universal Access Project, were designed to extend digital connectivity to underserved and unserved communities, promote digital literacy and drive economic growth.

Themed, “Fostering Connectivity in Unserved and Underserved Communities: Collaborating for Sustainable Growth,” the event organized by the Universal Service Provision Fund (USPF) of the Nigerian Communications Commission (NCC), in-collaboration with the International Telecommunication Union, (ITU) and supported by the UK Foreign, Commonwealth & Development Office, brought together chief executives of telecoms companies, development partners and trade associations, among other notable industry players.

The minister noted that though Nigeria has made significant strides in expanding connectivity and strengthening its digital technology infrastructure, millions of Nigerians were yet to have access to reliable connectivity.

He said: “Over the last 25 years, Nigeria has made significant strides in expanding connectivity and strengthening our digital technology infrastructure. In recent years, broadband penetration has been growing significantly, bringing more millions of Nigerians online and enabling new opportunities for innovation, entrepreneurship and digital inclusion.

“Today, however, there are still millions of Nigerians on the fringes of digital transformation, who are yet to have access to reliable connectivity. Many communities, particularly rural areas, face significant barriers, including inadequate infrastructure and limited digital literacy.”

These gaps, Tijani added, not only hinder personal and business growth but also limit the full potential of Nigeria’s digital economy. He stressed that the Universal Service Provision Fund has been a critical instrument in the FG’s mission to extend connectivity to these communities, supporting infrastructure expansion, fostering local innovation and driving inclusive policies.

According to him, the federal government, through the Ministry of Communications, Innovation and Digital Economy, is also actively in driving transformative projects aimed at unlocking digital opportunities for millions of Nigerians.

He listed some of the government’s flagship initiatives to close the divide to include, Project BRIDGE, Project 774,

Universal Access Project, National Broadband Alliance of Nigeria (NBAN) and the 3 Million Technical Talent.

The minister further explained that Project BRIDGE, a 90,000km fibre optic expansion, was designed to significantly improve broadband penetration across Nigeria by extending fiber optic infrastructure to all regions; while Project 774 ensures that every local government secretariat in Nigeria benefits from high-speed connecivity, fostering grassroots digital transformation.

He described the Universal Access Project as a game-changing initiative targeted at connecting over 20 million Nigerians, who currently have no access to digital services.

“The National Broadband Alliance of Nigeria (NBAN) is our multi-stakeholder’s effort to drive collaboration across government and private sector to drive universal high quality broadband access. The 3 Million Technical Talent programme ( 3MTT) is strengthening our talent pipeline to deliver a workforce to improve the digital ecosystem.

“These projects are not just focussed on infrastructure; but also about enabling businesses, empowering individuals and unlocking the full economic potential of Nigeria’s digital landscape as we work towards a $1trillion economy.

“However, bridging this digital divide is not a task for the government alone. Sustainable and impactful progress require strong partnerships across the public and private sectors, development agencies, civil society and local communities.

“To ensure effective collaboration, we must focus on four key pillars, including community engagement, leveraging existing infrastructure, capacity building and sustainable solutions.

“We stand at a defining moment in Nigeria’s digital transformation. We have the vision, the policy framework and the will to connect every Nigerian to the digital economy. But, we need your partnership to explore alternative innovative ways to deliver on all elements of our plans.

“There is a clear role for everyone, including government at all levels, private sector, development partners and local communities in this journey,” the minister stated.

Earlier in his address, Dr. Aminu Maida, the Executive Vice Chairman of the NCC, said the theme of the programme reflected collective commitment to ensuring equitable access to telecommunications services for all Nigerians, especially those in unserved and underserved communities.

“Today’s meeting is particularly aimed at bringing key industry stakeholders together to provide valuable insights on strategies that can be adopted to enhance USPF interventions and serve as a feedback mechanism to build partnerships for Nigeria’s digital future.

“It goes without saying that the USPF acknowledges the crucial role of collaboration, strategic partnerships and complementary efforts to achieve sustainable development,” Maida stated.

He reiterated that the NCC, through the USPF, has been at the forefront of initiatives aimed at providing universal access and universal service. According to him, these efforts align with broader national and global goals, including bridging the digital divide, promoting universal access, fostering economic growth and social inclusion, and achieving Sustainable Development Goals “SDGs 4” (Quality Education) and 9 (Industry, Innovation and Infrastructure).

“Without doubt, to achieve digital inclusion, government agencies, mobile network operators, infrastructure providers, equipment manufacturers, development partners and telecom trade groups must work closely together.

It is for this reason that a multistakeholders’ approach is essential to explore innovative financing models to attract investment in rural telecommunications, leverage emerging technologies and alternative power solutions for sustainable connectivity and promote policies that incentivize collaborative participation in connectivity projects.

“I want to use this platform today, to urge all stakeholders to take decisive steps toward strengthening partnerships.

Let us harness our collective expertise, resources and innovative capabilities to build a resilient and sustainable telecommunication infrastructure that will empower millions of Nigerians.

We must remember that collaboration remains the cornerstone of sustainable development in this sector,” Maida submitted.


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AMCON Vows to Recover N455bn Debt from Arik Air, Affiliates

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L-R: Chief Financial Officer, Aero Contractors Mr. Charles Grant; Head, Corporate Communications Department of Asset Management Corporation of Nigeria (AMCON) Mr. Jude Chiedozie Nwauzor; Hauwau Ibrahim of Corporate Communications Department; Head of Litigations, Mr. Norbert Enenmoh; Head of Legal Department, Mr. Albert Nwanozie; Acting Company Secretary Mrs Oyinlola Adebayo; Mr Issa Usman of Litigation Unit; and the Technical Assistant to the MD/CEO of AMCON Mr Mohammed Yusuf at a media luncheon with Judicial Editors at Marriot Hotel in Lagos…at the weekend
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Asset Management Corporation of Nigeria (AMCON) has reaffirmed its commitment to recovering over N455 billion in debts owed by Arik Air Limited (in receivership) and its affiliated companies.

 

L-R: Chief Financial Officer, Aero Contractors Mr. Charles Grant; Head, Corporate Communications Department of Asset Management Corporation of Nigeria (AMCON) Mr. Jude Chiedozie Nwauzor; Hauwau Ibrahim of Corporate Communications Department; Head of Litigations, Mr. Norbert Enenmoh; Head of Legal Department, Mr. Albert Nwanozie; Acting Company Secretary Mrs Oyinlola Adebayo; Mr Issa Usman of Litigation Unit; and the Technical Assistant to the MD/CEO of AMCON Mr Mohammed Yusuf at a media luncheon with Judicial Editors at Marriot Hotel in Lagos…at the weekend

Jude Nwauzor, Head of Corporate Communications at AMCON, disclosed this during a media briefing in Lagos, stating that Sir Johnson Arumemi-Ikhide, promoter of Arik Air, Ojemai Investment Limited, and Rockson Engineering Nigeria, has been uncooperative in settling the debts.

Nwauzor described the refusal to repay the loans as a “disservice to the commonwealth and the Nigerian people,” adding that AMCON remains undeterred by alleged smear campaigns against the agency.

“These debts must be recovered one way or the other. The leadership of AMCON, under Mr. Gbenga Alade, will not deviate from its mandate to recover the huge debt owed to the Corporation by recalcitrant obligors,” he said.

According to AMCON, the debts, transferred from various banks due to non-performance, include N227.6 billion owed by Arik Air, N163.5 billion by Rockson Engineering, and N14 billion by Ojemai Investment.

Nwauzor refuted claims by Arumemi-Ikhide that the loans were performing and that the receivership was premature, describing such narratives as misleading.

“If the loan was performing, why was it sold and restructured? Why did he agree to the restructuring if there was no default? The simple answer is that he did not fulfill the agreed terms,” Nwauzor added.

Arik Air was taken over by the Federal Government through AMCON in February 2017 due to its debt profile exceeding N300 billion. Despite legal challenges, the receivership management, led by Captain Roy Ilegbodu, has continued to operate the airline effectively.

AMCON reiterated its resolve to recover the debts in line with its mandate, emphasizing the importance of accountability and transparency in the process.


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Renaissance Energy Completes Acquisition of SPDC

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Renaissance Africa Energy has completed the “acquisition of the entire (100%)” equity holding in Shell Petroleum Development Company of Nigeria (SPDC).

Renaissance Energy Completes Acquisition of SPDC

This is according to a statement on Thursday by the spokesman of Renaissance Africa Energy Holdings Tony Okonedo who said the acquisition was completed on the same day.

“This follows the signing of a sale and purchase agreement with Shell in January 2024, and obtaining all regulatory approvals required for the transaction. Going forward, SPDC will be renamed as ‘Renaissance Africa Energy Company Limited,” the statement added.

“We are extremely proud to have completed this strategic acquisition. The Renaissance vision is to be ‘Africa’s leading oil and gas company, enabling energy security and industrialisation in a sustainable manner.’

We and our shareholder companies are therefore pleased that the Federal Government has given the green light for this milestone acquisition in line with the provisions of the Petroleum Industry Act,” said Tony Attah, managing director/CEO of Renaissance.

He added: “We extend our appreciation to the Honourable Minister of Petroleum Resources, the CEO of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), and the GCEO of Nigeria National Petroleum Company Limited (NNPCL) for their foresight and belief, paving the way for the rapid development of Nigeria’s vast oil and gas resources as a strategic accelerator for the country’s industrial development”.

 

 


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