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Total Moves Non-Essential Staff Out Of Nigeria

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One of the leading oil and gas companies in Nigeria, Total Nigeria Limited, has reduced the number of its employees in Nigeria because of the continued insecurity in parts of the country and is also looking to improve the security of its installations abroad in the wake of the attack on the Amenas gas facility in Algeria.

Total’s Chief Executive Officer, Mr. Christophe de Margerie, told reporters in London recently., “We are concerned about security in 2013 after what’s happened.”

In Nigeria, one of Total’s main production centres, de Margerie said the company had already taken “specific measures” to improve the security of its operations and staff.

He said Total had reduced the number of staff based at the capital, Abuja, because of the risk to personnel there.

He added that the company had moved non-essential foreign staff out of Nigeria.

Militants seized and killed a number of workers at the In Amenas facility last month, with some reports saying the attackers had help from inside the plant.

“This is a new element to the way we control operations,” de Margerie said.

He said Total had offered help to Algeria’s state-owned Sonatrach, BP and Norway’s Statoil, which operate In Amenas.

He added that all international oil and gas companies should improve their exchange of information around such issues.

“We should exchange all our understanding, our ideas, on how to control operations. Now is the time to cooperate — there should be no secrets,” he said.

De Margerie said he had already spoken to Chief Executive Officer, BP, Mr. Bob Dudley, on the need to share information among companies.

“We definitely agreed for Algeria, but it could be the same in other parts of the region, especially West Africa,” he said.

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NCDMB, SON Maintain Lead In Business Efficiency Ranking

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The Nigerian Content Development and Monitoring Board (NCDMB) and Standards Organisation of Nigeria (SON) have maintained lead in the efficiency and transparency compliance ranking scale released by the Presidential Enabling Business Environment Council (PEBEC).
In a report released on Monday, both agencies and the Corporate Affairs Commission (CAC) emerged as the overall top-performing agencies among all the Ministries, Departments, and Agencies of the Federal Government in Nigeria, which are ranked on the basis of transparency and efficiency compliance, assessing their ability to provide, cost-effective, timely and customer-friendly services.
NCDMB and SON were ranked first and second respectively in terms of efficiency and transparency, making it the second straight year SON has clinched this award.
Analysis of the PEBEC Business Facilitation Performance Results, which covered January – December 2023, showed that NCDMB scored 70.07 percent, SON scored 69.5 percent, CAC had 65.12 percent, Federal Competition and Consumer Protection Commission, (FCCPC), 65.04 percent, and Nigerian Export-Import Bank, NEXIM, 63.51 percent.
According to PEBEC, the high-performing MDAs demonstrated commendable performance in both efficiency and transparency through diligent adherence to their Service Level Agreements (SLAs) during the year under review.
In acknowledging this recognition by PEBEC, the Director General/Chief Executive, Dr. Ifeanyi Chukwunonso Okeke, credits this accomplishment to the hardworking and diligent staff of the SON, noting that the recognition is a testimony of SON’s unwavering commitment to business and trade facilitation in the country in line with the Federal Government’s resolve to create an enabling environment for businesses to thrive.

 

Nkpemenyie Mcdominic,
Lagos
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Eazipay  Offers Zero-Interest Loans To  150,000 SMEs, Employees

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With a mission to ignite growth, encourage business continuity and help businesses and employees thrive, Eazipay is gearing up to propel the dreams of 150,000 SMEs and employees to new heights through her relief fund.
Gone are the days of financial constraints and stifled dreams. With Eazipay’s support, SMEs and employees alike can bid farewell to limitations and embrace a world of endless possibilities.
Whether it’s start up,  business expansion or personal development, Eazipay is here to make dreams come true.
The mind-blowing initiative, which  kicked off this month, would end in December, and will also offer a range of perks and benefits designed to put a smile on the faces of SMEs and employees alike.
From exclusive discounts to various advisory services and beyond, Eazipay is committed to spreading happiness and creating lasting impact in people’s lives and to the growth of businesses.
The technology company which offers products and services that range from payroll management to IT/Device management and assessments, “Eazipay isn’t just providing financial support but also unleashing a wave of growth and prosperity for SMEs and employees across the nation.
“Interested businesses and individuals can take part in this initiative directly from the Eazipay website: www.myeazipay.com”.

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SMEs Critical For Sustainable Dev – Commissioner

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The Commissioner of Finance, Lagos State, Abayomi Oluyomi, has described Small and medium Enterprises (SMEs) as a critical engine for sustainable development in any economy.
He said this recently at the 10th anniversary of the Alert Group Microfinance Bank and the opening of their new head office in Lagos.
According to the National Bureau of Statistics, SMEs accounted for about 50 per cent of Nigeria’s gross.
He commended the positive impact of the Alert MFB as it empowers SMEs in the State.
“Alert MFB in the past 10 years has been at the forefront of empowering SMEs in Lagos State, disbursing over N30bn in loans to over 30,000 individuals having small to medium businesses over that period, which is quite remarkable”, he said.
Speaking, the Group Managing Director of Alert Group, Dr Kazeem Olanrewaju, revealed that the financial institution commenced business in 2013 as a microfinance bank.
“We started this journey in 2013 and it has been expanding. Today, they have about 10 branches across Lagos. They have supported well over 30,000 clients and have disbursed over N30bn.
“The company has been profitable since the second year. Looking at the market and the available opportunity, the Alert MFB board decided to come together to establish a Microfinance Institute (MFI), which is the Auto Bucks Lenders”, Dr. Olanrewaju said.
The GMD further stated that the company was focused more on supporting businesses and small and medium enterprises.
“The loan to support business represents over 98 per cent. The consumer loans you will see are the ones given to entrepreneurs. So, the area of focus of Alert MFB and Auto Bucks Lenders is to support businesses across the country.
“With the establishment of Auto Bucks Lenders, we have the opportunity to also do business outside Lagos. So, presently, we have offices in Ogun State and Oyo State. We intend to go to every part of Nigeria to support what we are doing”, he declared.

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