Business
MTN Foundation Advocates Corportate Social Investments
MTN Foundation, the
Corporate Social Responsibility (CSR) vehicle of MTN, has advocated the adoption of corporate social investments and sustainability as business models for the country.
Executive Secretary of the Foundation, Nonny Ugbonna, shared the insight at the 2014 edition of the CSR West Africa, Summit, which held in Lagos, recently.
CRS West Africa Summit which focuses on critical sectors of development such as employment, education, local community development and the environment is a forum that brings governments policy makers corporate organizations, NGOs regulators and social enterprises together to discuss CSR and its effects on the social and economic development of the West African sub-region.
The summit also serves as a platform to engage participants from the different economic and social sectors on how to adopt long-term sustainability frameworks, leverage stakeholders’ engagement, design positively impactful CSR initiatives and encourage partnership as well as networking.
In a paper titled: “How Do You Create Sustainably Led Organisation,” Ugbonna said Africa is the next global frontier opening up to huge opportunities for investments. She said, for businesses to succeed, they must operate within a healthy and stable society.
“A sustainable business model should involve its host community regardless of what challenges they are facing. A sound community involvement strategy in line with a company’s overall business and cooperate social responsibility strategy can help organizations achieve business successes,” she declared.
Corporate Services Executive of MTN Nigeria, Mr Akinwale Goodluck said ,“At MTN, we consider CSR as a smart way of doing business. We believe in adding value while practising good corporate governance and ethics.
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FG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m For 3-bedroom Bungalow ……..Says Move To Enhance Affordability, Ensures Fairness
“The approved selling prices are as follows: One-bedroom semi-detached bungalow, N8.5 million; two-bedroom semi-detached bungalow: N11.5 million and three-bedroom semi-detached bungalow, N12.5 million,” the statement added.
Minister of Housing and Urban Development, Ahmed Dangiwa, stated that priority in the allocation of the housing units would be given to low and middle-income earners, civil servants at all levels of government, employees in the organised private sector with verifiable sources of income, and Nigerians in the Diaspora who wish to own homes in the country.
The Permanent Secretary in the ministry, Dr. Shuaib Belgore, explained that several payment options have been provided to make the houses affordable and flexible. These include outright (full) payment, mortgage, rent-to-own scheme, and installment payment plans.
The ministry further announced that the sale of the completed housing units across the northern and southern regions will soon commence.
“Applications can be made through the Renewed Hope Housing online portal at www.renewedhopehomes.fmhud.
The ministry, however, clarified that the approved prices apply strictly to the Renewed Hope Housing Estates which are funded through the ministry’s budgetary allocation, as against the Renewed Hope Cities in Karsana Abuja, Janguza Kano, Ibeju Lekki, Lagos which are being funded through a Public Private Partnership (PPP).
