Connect with us

Agriculture

Fidelity Bank Empower Entrepreneurs to Play Big in The Non-Oil Export Market

Published

on

Fidelity Bank Empower Entrepreneurs to Play Big in The Non-Oil Export Market

L-R: Emmanuel Nwalor, Team Member, Export and Agriculture Division, Fidelity Bank PLC; Ibukunoluwa Toluwalase, Business Management Consultant and Participant, Fidelity Export Management Program (EMP) 11; Grace Omolori-Okoya; Executive Vice-Chairman, Slavabogu and Participant, Fidelity EMP 11; Isaiah Ndukwe, Divisional Head, Export and Agriculture, Fidelity Bank PLC; and Ogunfeso Yemi; Senior Accountant, Slavabogu and Participant, Fidelity EMP 11 at EMP 11 powered by Fidelity Bank Plc held at the Lagos Business School recently.

L-R: Emmanuel Nwalor, Team Member, Export and Agriculture Division, Fidelity Bank PLC; Ibukunoluwa Toluwalase, Business Management Consultant and Participant, Fidelity Export Management Program (EMP) 11; Grace Omolori-Okoya; Executive Vice-Chairman, Slavabogu and Participant, Fidelity EMP 11; Isaiah Ndukwe, Divisional Head, Export and Agriculture, Fidelity Bank PLC; and Ogunfeso Yemi; Senior Accountant, Slavabogu and Participant, Fidelity EMP 11 at EMP 11 powered by Fidelity Bank Plc held at the Lagos Business School recently.

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

For developing countries such as Nigeria to accelerate economic growth, there needs to be greater private sector participation in their export sectors. This was made known by Isaiah Ndukwe, Divisional Head, Export and Agriculture, Fidelity Bank PLC, at the just concluded 11th edition of the Fidelity Bank Export Management Programme (EMP 11).

Held at the Lagos Business School, from the 4th to 8th of October 2021, the programme, covered a wide range of topics including export documentation and application of export development processes and was facilitated by leading faculty from Lagos Business School, staff of the Nigerian Export Promotion Council (NEPC) and experts in financial management and exports.

“Year-in, year-out, Fidelity Bank has demonstrated its resolve to help diversify the Nigerian economy and increase export earnings.

One of the ways we are doing this is through the Export Management Programme which provides participants with the knowledge needed to navigate both the international non-oil export market and the larger export market,” explained Mrs. Nneka Onyeali-Ikpe, Managing Director, Fidelity Bank PLC when tasked on the rationale behind the programme.

The importance of exports has continually been emphasized by various bodies as it provides a means of increasing the markets for producers and especially in Nigeria’s case, an opportunity to attract much needed foreign exchange earnings.

In fact, Akinwunmi Adesina, President of the African Development Bank (AfDB), speaking recently at the Mid-term Ministerial Performance Review Meeting on the topic: ‘Nigeria’s Economic Resurgence: The African Experience’ expressed worry over disincentives to non-oil exports in the Nigerian economy. He therefore urged Nigerian fiscal authorities to remove bottlenecks in non-oil exports in order to promote economic resurgence.

One of the participants of the EMP 11, Mr. Kelechi Chukwukezirim, Chief Executive Officer of Dot Global Resources Nigeria Ltd said, “I am thankful to Fidelity Bank and Lagos Business School for this insightful and highly educative program. I came here with just an awareness of export management. However, my experience in the past five days has taken me from point zero to over 40% of quality knowledge on export management.

I am enthused at the network and platform this program created that I could leverage going forward. I am excited at what the future holds in this regard”.

According to Mrs. Onyeali-Ikpe, “Previous editions of the EMP have recorded outstanding successes and made marked impacts in the lives and businesses of the participants. We are proud to say that the just-concluded eleventh edition is no exception.

The feedback we have gotten from facilitators and participants alike have been nothing short of encouraging. The turnout was tremendous and we are certain that we will witness astonishing results as the participants put what they learnt into practice.”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Agriculture

ISDB/ LLF FUNDED PROJECT SUPPORTS DAIRY VALUE CHAIN IN NIGERIA WITH N4 BILLION MILK COLLECTION CENTERS

Published

on

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

kano State Agro-Pastoral Development Project, KSADP, funded by the Islamic development Bank and the Lives and Livelihood Fund, LLF, has awarded contracts worth the sum of N3, 962, 457, 126.12, for construction of 60 Milk Collection Centers across Kano State.


The contracts, in four lots, were awarded to four indigenous companies with a completion period of 12 months for each project.


Each Milk Collection Center will have a borehole equipped with a solar-powered pump and a 20,000-litre overhead tank; an inputs (feed, drugs) store managed by a community appointee and up to 10 fodder banks in its environs.


In addition, every MCC will have a 250-litre tank cooled by solar power and a milk testing bench with appropriate reagents/equipment as well as provision of milk collection cans.


Shortly after awarding the contracts, supervised by the Kano State Ministry of Justice, the State Project Coordinator, Kano State Agro-Pastoral Development Project, Malam Ibrahim Garba Muhammad, stated that “the investment is unprecedented in Nigeria and will bridge the gap between pastoralists and the dairy industry”.


“One of the major problems of the dairy industry is supply inadequacy and poor quality of the milk. This MCC project therefore, aims to ensure provision of quality and safe milk, by putting in place a cold chain. This will guarantee regular sales and income for the pastoralists”, he stated.


Malam Ibrahim charged the companies awarded the contracts to execute durable projects within the agreed time frame, to justify the confidence reposed in them.


It could be recalled that in September, 2022, Kano State Agro-Pastoral Development Project awarded contract for construction of 40 Milk Collection Centers in Kano, as part of moves to take maximum advantage of the stated potential

Continue Reading

Agriculture

IsBD AWARDS N1.87 BILLION CONTRACTS FOR SLAUGHTER HOUSES, CATTLE MARKETS IN KANO

Published

on


AJAGBE ADEYEMI TESLIM

Sponsored by: H&H

Determined to mitigate public health risks, Kano state Agro-Pastoral Development Project, KSADP, has awarded contracts in the sum of N1, 549, 000, 000 for the improvement of 20 public slaughterhouses (abattoirs) in Kano State.


The slaughter houses are in Rano, Gwarzo, Dambatta, Kiru, Doguwa, Wudil, Bebeji, Karaye, Tudun Wada, Gabasawa, Gaya, Gezawa, Kunchi, Kabo, Kura, Dawakin Tofa, Bichi, Shanono, Takai and Sumaila local government areas.


In his remarks shortly after awarding the contracts, the State Project Coordinator, KSADP, Malam Ibrahim Garba Muhammad said the project decided to invest in the upgrade of the slaughterhouses “because the current state and working conditions in slaughterhouses in Kano is at variance with international best practices”.


“They are in a state of deplorable slaughtering and processing facilities, inadequate clean water supplies, no refrigerators and lack of facilities for the collection, storage and disposal of waste”.


“These put together impact the quality of meat, affect the safety of workers in the slaughter houses, endanger the environment and generally put public health at a very serious risk”.


Malam Ibrahim expressed concern that current facilities and practices in the slaughterhouses have the potential to amplify occupational exposure to diseases or injury and while unwholesome meat finds its way to peoples’ homes, thereby exposing the population to diseases and even epidemics.


He further announced that the KSADP, financed by the Islamic Development Bank and the Lives and Livelihood Funds, has awarded contracts worth N326 million for upgrading of five Cattle markets at Dumbulum, Wudil, Dambatta, Gwarzo and Falgore.


The work involves provision of loading and off-loading ramps, watering facilities, office space for market information, security services, veterinary services, lighting for trade and security at night as well as toilet facilities.
Currently, all five cattle markets lack basic facilities for humane treatment of livestock on arrival (off loading), while in the market and during reloading.

Continue Reading

Agriculture

KANO AGRO-PASTORAL DEVELOPMENT PROJECT AWARDS N6 BILLION IRRIGATION DEVELOPMENT, MILK COLLECTION CENTERS CONTRACTS

Published

on

AJAGBE ADEYEMI TESLIM

Sponsored by: H&H


K
ano State Agro-Pastoral Development Project, KSADP, announced on Friday, the award of contracts totaling N6,036,334,688. 66, for projects across several local government areas of the state.


The projects include development of a total of 1,006 hectares irrigation structures (at sectors 9-14) at Watari irrigation scheme, Bagwai local government area and the construction of 40 Milk Collection Centers at different locations, spreading across 15 local government areas of the state.


The Watari infrastructure projects will cost the sum of N4,539,501, 897.08 while the 40 Milk Collection Centers will be constructed at the total cost of N1,496,832,791.58.


Funding for the interventions will be provided by the Islamic Development Bank and the Lives and Livelihoods Fund, LLF, as part of a broad vision to enhance agricultural productivity, ensure food and nutrition security as well as improving income generation for small-holder farmers and herdsmen.


The projects, awarded to eight, separate indigenous contractors, will begin in September, 2022 and completed by September-December, 2023.


The investment is predicted to impact thousands of farmers and pastoralists, thus, revitalizing the economy of Kano.


Speaking shortly after signing the contracts, coordinated by the Kano State Ministry of Justice, the State Project Coordinator, KSADP, Ibrahim Garba Muhammad said the occasion was a significant step towards revamping agriculture in the state.


“These interventions, which will soon be followed by other activities, will surely bring about change in the agricultural fortunes of Kano and will lift a significant number of our people out of poverty”.


He, therefore, urged the contractors to see the projects as service to humanity, stressing they are expected to abide by all the contractual guidelines in order to deliver value for money.


Also commenting, the Managing Director, Kano State Rural Development Authority, KNARDA, the executing agency of KSADP, Dr. Junaidu Yakubu Muhammad, warned the contractors that a strong monitoring mechanism has been put in place to supervise their work, adding that any one of them found wanting would be sanctioned according to the stipulated regulations.

Continue Reading

Trending

Copyright © 2021 All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from August24news.com
This Website is designed and Managed by: August 24 Communications Nigerian Limited (RC: 798585)