Wednesday, February 12, 2014
Video - Evicted residents of Badagry, Nigeria demand compensation
Tens of thousands of people whose homes were demolished allege mistake by police, who in turn say they own the land. The police say they own the land but those evicted say the police acted by mistake.
Related stories: Video - Homeless battle in Makoko
Video - Building a floating school in Makoko
Tuesday, February 11, 2014
Dangote Sugar boosting Nigeria's economy
The Minister of Trade and Investment, Dr Olusegun Aganga, has disclosed the readiness of the federal government to partner with private sectors as panacea to achieving President Goodluck Jonathan's transformation agenda.
The minister made the disclosure during a facility tour of the Savannah Sugar Company in Numan Local Government Area of Adamawa State, adding that the federal government is poised to providing the enabling environment and adequate infrastructures for Nigeria's industries to thrive.
Aganga said he was in Numan to see the transformation drive being embarked by the Savannah Sugar company and according to him after the site seeing he has no option than to appreciate the Dangote Sugar Company for a job well done and its immense contribution towards the development of the country's wealth both in human and economic development.
He said the Sugar company has created presently 4100 job opportunities for Nigerians and is planing an expansion to Taraba states where it has acquired 50,000 hec tres of lands adding that the FG is collaborating with company to ensure that this dream is achieved .
The minister believed that before 2015 the Sugar company would create four hundred and eighty thousand employment opportunities for Nigerians.
.
Aganga revealed that he was surprised at the level of progress made by the company within a short period of time saying that with the development he
expects the economy of the area to be seriously revamped which will
serve as a precursor to solving youth restiveness in the area.
He expressed satisfaction and added that he was please with the remarkable progress made by the company which has even surpassed the benchmark required by the FG to seal a pack with the sugar company.
"I am delighted to say that Dangote Sugar Company is setting the pace
of industrialization in the country which entails their commitment in
hiring senior hands". He said.
He lauded the effort of Dangote Sugar Management whom he said through
diligence gave life to a company that was on the verge of liquidation
within a short time leading to the creation of about 4,100 direct jobs.
The Group Managing Director (GMD) of Dangote Sugar, Mr Graham Clark
during his remark said Savannah sugar has lived up to its billing in
discharging its social responsibility through building of schools,
housing estate and encouraging out grower scheme where thousands of
families were affected.
He said apart from that, the company has provided direct job
opportunities to the residents of its host communities whom serve as
the workforce of the company as according to him majority of people
working for company are members of its host community.
Clark said the company remains resolute at ensuring that the cardinal
objectives of the Federal Government in reforming the industrial
sector which will lead to massive job creation is pursued vigorously
which informed the company's drive to upgrade its operations.
The minister made the disclosure during a facility tour of the Savannah Sugar Company in Numan Local Government Area of Adamawa State, adding that the federal government is poised to providing the enabling environment and adequate infrastructures for Nigeria's industries to thrive.
Aganga said he was in Numan to see the transformation drive being embarked by the Savannah Sugar company and according to him after the site seeing he has no option than to appreciate the Dangote Sugar Company for a job well done and its immense contribution towards the development of the country's wealth both in human and economic development.
He said the Sugar company has created presently 4100 job opportunities for Nigerians and is planing an expansion to Taraba states where it has acquired 50,000 hec tres of lands adding that the FG is collaborating with company to ensure that this dream is achieved .
The minister believed that before 2015 the Sugar company would create four hundred and eighty thousand employment opportunities for Nigerians.
.
Aganga revealed that he was surprised at the level of progress made by the company within a short period of time saying that with the development he
expects the economy of the area to be seriously revamped which will
serve as a precursor to solving youth restiveness in the area.
He expressed satisfaction and added that he was please with the remarkable progress made by the company which has even surpassed the benchmark required by the FG to seal a pack with the sugar company.
"I am delighted to say that Dangote Sugar Company is setting the pace
of industrialization in the country which entails their commitment in
hiring senior hands". He said.
He lauded the effort of Dangote Sugar Management whom he said through
diligence gave life to a company that was on the verge of liquidation
within a short time leading to the creation of about 4,100 direct jobs.
The Group Managing Director (GMD) of Dangote Sugar, Mr Graham Clark
during his remark said Savannah sugar has lived up to its billing in
discharging its social responsibility through building of schools,
housing estate and encouraging out grower scheme where thousands of
families were affected.
He said apart from that, the company has provided direct job
opportunities to the residents of its host communities whom serve as
the workforce of the company as according to him majority of people
working for company are members of its host community.
Clark said the company remains resolute at ensuring that the cardinal
objectives of the Federal Government in reforming the industrial
sector which will lead to massive job creation is pursued vigorously
which informed the company's drive to upgrade its operations.
McDonald's looking at potential in Nigeria
McDonald’s will look at a number of nations for restaurant locations in Africa, which is expected to be part of the fast-food chain’s future growth strategy, chief executive officer, Don Thompson, said on Monday in an interview in Ho Chi Minh City. On February 8, the Oak Brook, Illinois-based company opened its first restaurant in Vietnam, where it’s trying to catch up with rivals including Burger King Worldwide Inc.
“We’re looking at the opportunities that Africa may yield,” Thompson said.
“We’re in ongoing dialogue to build appropriate relationships” on the continent. “There’s quite a few countries across Africa we want to look at, but Nigeria clearly is a large country that has opportunity,” he said.
The company is looking to developing nations for expansion. The chain posted fourth-quarter profit that was little changed from a year earlier as U.S. same-store sales fell. Sub-Saharan Africa’s economy will expand 6.1 percent this year, compared with global growth of 3.7 percent, according to the International Monetary Fund.
Nigeria’s economy has expanded an average of 8.2 percent annually since 1999, pushing its per-capita income as of last year to $1,725 from $310 in 1999, according to IMF estimates. Nigeria has a population of about 170 million people, the most on the continent.
Africa is home to the world’s youngest and fastest-growing population, McKinsey & Co. said in a 2010 report that estimated household expenditure in the continent would expand to $1.4 trillion a year by 2020.
Burger King last year opened its first restaurant in South Africa and said that it would look to open outlets in Botswana, Mauritius, Mozambique, Namibia, Zambia and Zimbabwe, without specifying a time period. There are 29 Burger King branches in Vietnam, according to Bryson Thornton, a spokesman for the Miami-based company.
McDonald’s new 350-seat branch in Vietnam marks the company’s first new market in the region since Brunei in 1992. In Africa, McDonald’s has outlets in Egypt, Mauritius, Morocco and South Africa.
Monday, February 10, 2014
Video - Fungus resistant bean boost cocoa production in Nigeria
Farmers in Nigeria have boosted cocoa production, thanks to a new kind
of fast-growing, fungus-resistant bean. The new type of bean reaches
maturity in 18 months instead of four to five years like other types of
beans. The government wants to double production to 500,000 tonnes by
next year. But farmers say not enough is being done to increase yields.
Thursday, February 6, 2014
Video - Government hunting down homosexuals in Nigeria
BBC reports on the homosexuals being hunted down in Northern Nigeria.
Related stories: Video - Nigeria's anti-gay law denounced
Video - CNN covers anti-gay law in Nigeria
Nigerians seeking asylum in Netherlands due to anti-gay law
Subscribe to:
Posts (Atom)