Wednesday, January 19Inside Business Africa
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Author: Joshua Olotu

MOUKA SUSTAINS PARTNERSHIP WITH LAGOS, CELEBRATES FIRST BABIES OF THE YEAR ACROSS NIGERIA

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MOUKA SUSTAINS PARTNERSHIP WITH LAGOS, CELEBRATES FIRST BABIES OF THE YEAR ACROSS NIGERIAR-L: Wife of the Lagos state governor, Dr(Mrs) Claudiana Ibijoke Sanwo-Olu, Lagos state commissioner for Health, Dr Akin Abayomi, MD/CEO Harvey Health Centre and Maternity, Dr Yetunde Sotunde and Brand Manager Mouka Yemisi Obadina ….during the presentation of gifts items to the first Baby of the year 2022. Mouka, Nigeria’s foremost manufacturer of mattresses, pillows and other bedding products, has restated its commitment to adding comfort to the lives of Nigerians of all ages, including newborns. One of the initiatives to bring this corporate mission to reality is through the First Baby of The Year Program.Mouka has continued to run this program consistently in partnership with the Lagos gover...
FG Secures $700m World Bank Loan to Tackle Poor Water Supply

FG Secures $700m World Bank Loan to Tackle Poor Water Supply

Business, Economy
The federal government has disclosed that it has secured a $700 million World Bank loan for specific water projects around the country. The Minister of Water Resources, Alhaji Suleiman Adamu, made this known on Monday, during a chat with newsmen on the sidelines of the ministry’s inaugural awards ceremony of the Rewards and Recognition System in Abuja. According to Adamu, the federal government’s role was to support state governments, which he said have the lion’s share of the responsibility for water supply. “What Nigerians need to understand is that the federal government is not responsible for providing water in their taps, that is the responsibility of state governments and that is why we don’t have a Federal Water Board. “All the incentives like P-WASH (Plan – Water, Sani...
LASHMA, Senator Tinubu Enrol 1,300 Elders on Ilera EKO Health Plan

LASHMA, Senator Tinubu Enrol 1,300 Elders on Ilera EKO Health Plan

Business, Economy
The Lagos State Health Management Agency (LASHMA), in partnership with the Senator representing Lagos Central Senatorial District, Senator Oluremi Tinubu, has enrolled 1,300 elders on ILERA EKO Health plan. The General Manager, Lagos State Health Management Agency (LASHMA), Dr. Emmanuella Zamba, speaking at the 31st Town Hall Meeting and 10th Edition of the Elderly Citizens’ Assistance Scheme of Lagos Central Senatorial District held at Lagos Mainland Local Government Area, commended Senator Oluremi Tinubu, for her dedication towards ensuring that residents, including youths, women and elderly in her constituency, live a healthy life. Dr. Zamba said that Senator Oluremi Tinubu at every point in time, aside from providing grants to the beneficiaries of her various empowerment program...
NUFBTE warns FG about job loss over excise duty on carbonated drinks

NUFBTE warns FG about job loss over excise duty on carbonated drinks

Business, Economy
The National Union of Food, Beverage and Tobacco Employees (NUFBTE) has warned of massive job loss in the sector over the Federal Government’s proposed increase on excise duty on carbonated drinks. President of NUFBTE, Lateef Oyelekan, who stated this, said should the government go ahead with its plans, Nigerians would be the ones that would suffer the consequences as companies would have no choice than to lay off workers, reduce production lines or may even close down permanently. He revealed that companies in the sector are already looking outside Nigeria for alternate production of their products even as they plan to move to a more favourable business climate within the West African region. According to him, the union’s investigation revealed that more employers in the sector ...
Amid high food inflation, cost of feeding surges on gas, kerosene prices

Amid high food inflation, cost of feeding surges on gas, kerosene prices

Business, Economy
…Cooking gas surges by 78% within a year, kerosene 24.81% Notwithstanding the high food inflation in the country, Nigerians have continued to contend with the rising costs of making meals either at home or from commercial food vendors, going by the latest prices of gas and kerosene. In the absence of regular electricity supply, Liquefied Petroleum Gas (LPG) and kerosene are the major sources of cooking fuel for many Nigerians, but the rising costs have seen a growing percentage of households shifting to firewood and saw dust. The 2019 expenditure pattern report, which measures Nigeria’s spending pattern in both food and non-food items, revealed that of the total, 56.65 per cent of the household expenditure in 2019 was spent on food, with the balance of about 43.35 spent on no...
Olalere hinges business success on market research, collaboration

Olalere hinges business success on market research, collaboration

Business, Corporate Stories
Group Managing Director, Numero Groups of companies, Omowunmi Olalere, has admonished Nigerians planning to venture into business to study the industry they want to venture into and embrace collaboration with others to succeed. She said this during the third anniversary of the company and the unveiling of the Omowunmi Olalere Foundation. The foundation was built to nurture talented athletes in Nigeria to the global spotlight, thereby bringing them to be at par with other athletes globally. According to Olalere, the foundation would help them secure the space and skills needed to excel through the collaborative effort of concerned stakeholders. Olalere, who is also and the South-West Chairperson for Gymnastics Federation of Nigeria, said: “Before I started my companies, I did ...
Lagos Aids Farmers to Boost Food Production

Lagos Aids Farmers to Boost Food Production

Agriculture, Business, Corporate Stories, Innovation
The Honourable Commissioner for Agriculture, Ms. Abisola Olusanya, has reiterated the State Governments’ commitment to sustaining the support to farmers as part of efforts to boost food production in Lagos State. Ms. Olusanya spoke at the quarterly sensitisation programme for farmers in Epe Division of the State, adding that over the years the Lagos State Agricultural Inputs Supply Authority (LAISA) has been at the forefront of supplying farmers with high-quality inputs such as farm implements, agrochemicals and seedlings at affordable prices. The Commissioner, represented at the event by the General Manager of LAISA, Mr. Bolaji Balogun, said the present administration has established eight farm service centres in different divisions of the State to give farmers access to quality ag...
US Consulate Donates Broadcast Equipment to Radio Lagos/EKO FM

US Consulate Donates Broadcast Equipment to Radio Lagos/EKO FM

Business, Economy, Innovation
·        Sponsors Training on Identifying Fake News The United States Consulate General in Lagos has presented a set of broadcast equipment to Radio Lagos/Eko FM to promote media literacy, ensure fact-checking and counter misinformation in News and Programmes' productions. Speaking at the opening of the two-day training titled “Project Fact Check Nigeria”, organised by the West Africa Broadcast and Media Academy (WABMA) and supported by the United States Consulate General, Lagos, its Public Affairs Officer, Mr. Stephen Ibelli, said the initiative was to promote media literacy and help radio stations to conduct a full-fledged fact-checking in order to fight fake news in Nigeria. Ibelli&n...
Health Ministry Develops Strategic Plan to Enhance Service Delivery in Y2022

Health Ministry Develops Strategic Plan to Enhance Service Delivery in Y2022

Business, Health
… Holds Three-Day Retreat for Management Staff Lagos State Ministry of Health has developed strategic plans bordering on improved data management, strict implementation of regulations, income generation and budget performance, including budget drawdown and budget impact, to better position the State health sector for better service delivery in the year 2022. The development of strategic plans is an offshoot of a three-day end of year managerial retreat organised for management staff of the Ministry held at the Federal Palace Hotel, Victoria Island, with the theme: “The Role of Leadership and Management in the Transformation Agenda of the Health Sector towards a Smart City”. Speaking on the objectives of the retreat, the Commissioner for Health, Prof. Akin Abayomi explained that t...
LASG Holds Workshop on Business Policies to Promote MSMEs

LASG Holds Workshop on Business Policies to Promote MSMEs

Business, Economy, Innovation
As part of the commitment to promote sustainable and globally-competitive enterprises, the Lagos State Office of Sustainable Development Goals and Investment has organised a workshop to conduct the mapping and analysis of laws, policies and instructions for Micro, Small and Medium Enterprises (MSMEs) development and employment promotion in Lagos State. The initiative, which is a collaborative effort with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), was designed to identify areas of policy deficiencies and encumbrances in the operation of MSMEs in Lagos State. The Special Adviser to the Governor on Sustainable Development Goals and Investment, Mrs. Solape Hammond, disclosed that ‪the potentials in the MSMEs sector in terms of wealth creation and employment generatio...

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