Business
MAN Exposes Survival Strategies Amid Covid-19 Setbacks
As businesses in the country face various challenges caused by the Covid-19 pandemic, the Manufacturers Association of Nigeria (MAN), Rivers/Bayelsa branch, has exposed survival strategies for its members and associates.
The National Deputy President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Dr.Emi Membere-Otaji, who was the guest speaker at MAN’s 37th Annual General Meeting (AGM), reiterated that survival depends on the company’s ability to learn fast, adapt and respond to changes and uncertainties which add value no matter what comes along.
Dr. Membere-Otaji, who is also the Chairman/CEO of Elshcon Group of companies with interest in Oil and gas, shipping and healthcare, noted the need for companies to develop “Risk Management Plans, which first analyse the situation and its impacts and activate their business continuity plan for those that don’t have.
“Activate a crisis management strategy. In all, taking far reaching decisions to stay afloat. “Execute well and make quality a key ingredient to the business growth. Exploit existing capabilities and explore new business opportunities and new markets”.
He also said business operators should make the Covid vaccine mandatory at the workplace, saying that Covid-19 is not yet history.
In his address, MAN’s Chairman, Senator Adawari Michael Pepple noted that the theme of the 37th AGM, “Covid-19 pandemic and Survival Strategies in the Manufacturing Sector”, was necessitated by the recent Covid-19 disease pandemic which shook the world, recording the highest number of deaths by an infectious disease in recent times.
The pandemic, he said, also resulted in the shutdown of factories and businesses which took a heavy toll on the world economy.
MAN Chairman who outlined the various challenges facing manufacturers said, “although the challenges bedeviling the manufacturing sector are numerous, we are confident that with careful and concerted efforts and through effective public-private sector partnership, we would recreate a friendlier operating environment for the sector required for sustained economic growth of the country.
He reiterated the unfailing commitment of manufacturers to fulfil their mandate in benefiting the manufacturing community in particular and the overall wellbeing of our economy.
MAN Chairman commended the governors of the two states, “His Excellencies, Chief (Barr.) Ezenwo Nyesom Wike and Sen. Douye Diri, for steps taken to mitigate the effects of the Covid-19 pandemic, and humbly request that the association be consulted when policies affecting the manufacturing sector are being formulated.
In her contribution, the former Vice Chairman of the association, Mrs. Emilia Akpan said the present survival strategy is for leaders to teach by example .
Akpan stressed that “company owners need to go down to the factory and work with the employees to ensure that the right thing is being done to achieve survival”.
By: Lilian Peters
It was gathered that the drop was sequel to an explosion which occurred at the 24 Ogboinbiri and OB-OB gas pipeline, the gas export feed to the Nigeria Liquefied Natural Gas (NLNG) plant.
The Director-General and Chief Executive Officer (CEO), National Oil Spills Detection and Response Agency (NOSDRA), Mr Idris Musa, confirmed the pipeline blast to newsmen, last Wednesday.
He said that the blast was reported to the agency in the early hours of Tuesday, noting that the damaged facility normally evacuates an average of five MMSCM/d.
Musa said following the notification, a team of officials comprising the Secretary of Azikoro community, the Bayelsa commissioner for Mineral Resources and representatives of NOSDRA visited the incident site early Wednesday.
He said that the Nigerian Agip Oil Company (NAOC), the operator of the facility, was promptly notified of the incident.
“Due to the high pressure, NAOC was directed by NOSDRA to depressurize the facility preparatory for a Joint Investigation Visit (JIV) which will follow immediately to ascertain the cause and extent of the incident.
“NAOC is already at the incident site, with the agency among other stakeholders working to contain the explosion and secure the incident site preparatory to JIV and other remedial measures,” Musa said.
He said that NOSDRA would conduct the investigations in a transparent manner, and pledged that its findings would be made public in due course.
Meanwhile, officials of NAOC declined comments when contacted for reaction.
Some of the residents near the incident site said that they heard sound of explosions on Tuesday morning in the area.
They also alleged that some small batteries and wires suspected to be used by the vandals to detonate improvised explosive device were found in the area.
The gas pipeline was vandalised three times in April, 2022.
The foremost customs brokers association insisted that its members have lost about N200 billion in the line of duty.
Speaking in Lagos recently on behalf of the association, the National Secretary of ANLCA, Alhaji Babatunde Mukaila, expressed dissatisfaction over the slow responses by management of GTB on the suspension with Nigeria Customs Service (NCS).
Mukaila noted that the association was aware that NCS gave GTBank two weeks notice to resolve their challenges.
The scribe said despite the marching order from the NCS, GTB has not resolved the issue or made alternative arrangement for the interest of their clients.
The ANLCA chieftain said its members won’t bear the cost of demurrage incurred, while insisting that they won’t let go of the losses.
He recalled that in the past, some banks have had similar problems, but quickly appointed a receiver bank pending the resolution of the matter.
Speaking with representatives from GTBank in Lagos, Mukaila stressed that the approach of the Gtbank amounts to negligence on their.
“Where there is negligence, someone or group suffers the detriment and as such in every detriment there must be compensation.
He reiterated that the aims and objectives of the association is to protect its members, while asking the bank officials how they intend to mitigate the losses.
Other members of the association in attendance also took turn to condemn the bank’s attitude and concluded that there will be no stand down on demand for adequate compensation.
In his response, the representative of GTbank, Lanre Kola-Banjo, apologised to the customs brokers, explaining that the problem was a result of technical fault from the server.
He however debunked that they were given two weeks notice.
Contrarily, he said, “we woke up one morning only to discover that we had been disconnected”.
Meanwhile, he said they have contacted their customers who were directly involved, apologised and explained the circumstance to them.
He further explained that it was after they had been suspended from accessing the NCS portal that they were given 2 weeks to fix the technical problem or face serious sanction.
According to him,”the problem has been resolved since the 9th September”.
He promised to take ANLCA’s demands to the top management of the bank for further action.
By: Nkpemenyie Mcdominic, Lagos
The certificate issued recently with registration number 6754, also listed Onyenaechi Offor, Emmanuel Azodo, Eniola Igbaroo, Ayokunle Abel, Aliyu Isa, Shamsudeen Awopeju and Christian Igwe as members.
Chairman of SIFAX Group and proprietor of Marriot Hotel, Lagos, Dr Taiwo Afolabi, was elected the Chairman of the BOT of ANLCA.
Afolabi was chosen by other BoT members in Lagos last year.
By: Nkpemenyie Mcdominic, Lagos
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