Connect with us

NEWS

Nestlé Nigeria Expands Empowerment Initiative to Support Women Entrepreneurs in Calabar

Published

on

Nestlé Nigeria has expanded its Nestlé Empowering Rural Women in Nigeria Initiative to include 50 more female retailers in Calabar, Cross River State. At the event to launch this project, the participants were trained in merchandising, bookkeeping, and customer service. Speaking on the importance of this project, Victoria Uwadoka, Corporate Communications, Public Affairs, and Sustainability Lead, Nestlé Nigeria, said, “Nestlé is committed to contributing to efforts to build thriving communities. One of the pillars for achieving this objective is empowered women. For us therefore, the Nestlé Empowering Rural Women in Nigeria Initiative is one of the ways we create shared value, contributing to the wellbeing of every stakeholder along our value chain while driving business success. This initiative has already yielded positive results among women in the seven rural communities already reached, and we are confident that we will have the same success stories among the 50 women participants from Calabar.”Nestlé Nigeria’s Commercial Manager, Mr. Boladale Odunlami, provided more details about the project. “The rural women empowerment project was created out of a need to address a gap. When our data showed that women retailers in rural communities were not growing as consistently as others, we partnered with FDC Consult to train the women, attach them to coaches and mentors and to support them with grants in the form of products worth about 300% of their monthly sales turnover. We are encouraged by the success of the 332 women who have been adopted into the program since its launch in 2021. 85% of them have maintained the 300% growth, with faster turnover, increased revenue, and stronger visibility of their outlets within their locations. This is why we are excited to onboard 50 more women, confident that they will take full advantage of the support provided through this program to transform their businesses and, by extension, their families and their communities.”The women selected for the program praised the program and expressed their gratitude to Nestlé for bringing this initiative to them. Mrs. Favour Effiong, owner of Favour Stores, said, “My journey with Nestlé has been very productive. Today’s training and the grant received, will enable me to improve the standard of living for my family. I cannot thank Nestlé enough for this investment in my business. Thank you, Nestlé.”Special guests at the event included the Vice Chairman, Akpabuyo Local Government Area, Honorable Chris Effiong, and the Paramount Ruler of Akpabuyo, His Royal Highness, Etinyin Francis Edem Efa, who both commended Nestlé for empowering the women and urged beneficiaries to use the grants wisely to expand their businesses.The Nestlé Empowering Rural Women in Nigeria Project began in August 2021 with 50 female retailers in Abuja’s suburbs. Along with grants in the form of Nestlé products valued at three times their monthly sales at the time of enrollment, participants are trained and are given access to consistent mentoring and counseling over three months to help them sustain the lessons learned to ensure their success. Through this program, Nestlé is making a tangible impact on the lives of rural women in Nigeria, helping them achieve greater financial security and a better standard of living.

Continue Reading
Click to comment

Leave a Reply

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

NEWS

Rescue Mission: Governor Dauda Lawal Approves N7.2 billion for Community Projects Across Zamfara

Published

on

By

Zamfara State Government under the leadership of Governor Dauda Lawal has earmarked N7.2 billion for development projects across 375 communities in the state, under the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES), a World Bank-funded initiative. Deputy Governor Mani Mummuni disclosed this in Gusau on Tuesday while flagging off a free project implementation training programme for participants drawn from 158 communities across the state.

He explained that Governor Dauda Lawal had approved the N7.2 billion for various community development projects through the State Community and Social Development Agency (CSDA), adding that the funds would finance projects spanning health, education, water supply, agriculture and drainage, among others, across the state’s 14 Local Government Areas. The deputy governor noted that the projects would be implemented by Community Project Monitoring Committees (CPMCs) under the supervision of the CSDA, and reiterated the state government’s commitment to providing social amenities to vulnerable communities.

Mummuni urged participants to ensure transparency and accountability in managing resources for project execution in their communities, describing the initiative as part of Governor Lawal’s administration’s effort to extend the dividends of democracy to the people, especially at the grassroots level. He expressed confidence that the training under CSDA would encourage community participation in project implementation, while also promoting transparency, accountability, and commitment to the development of their communities.

In his remarks, the General Manager of CSDA, Umar Nakwada, revealed that the participants were drawn from CPMCs responsible for monitoring projects in their communities, and that the training was designed to sensitise them on effective project implementation. He stated that the training covered Batch A projects worth N3.2 billion, spanning 158 communities, and assured that the agency would ensure effective monitoring of all projects to be implemented by CPMC members in benefiting communities. Nakwada also commended Governor Lawal for his unwavering support in improving the livelihoods of grassroots communities.

Also speaking, the State NG-CARES Coordinator, Mukhtar Ibrahim, praised the Zamfara Government for its commitment to supporting the livelihoods of vulnerable households. He explained that NG-CARES aims to expand access to livelihood support, food security services, and grants for poor and vulnerable households and firms, focusing on three result areas: livelihood and social support, food security and agricultural value chain, as well as micro and small enterprises recovery. small enterprises recovery,” Ibrahim said.

Continue Reading

NEWS

ICPC, PenCom recover N3bn unremitted pension deductions from defaulting firms

Published

on

By

The Independent Corrupt Practices and Other Related Offences Commission and the National Pension Commission have recovered over N3bn in unremitted pension contributions from defaulting employers as both agencies intensified efforts to enforce compliance with the Pension Reform Act 2014.The recovery was disclosed in a statement issued by the National Pension Commission on Wednesday, which said the funds had been fully remitted into the Retirement Savings Accounts of affected employees.According to the commission, the recovery was achieved through a joint ICPC-PenCom enforcement initiative designed to address pension contribution defaults and protect workers’ retirement savings.It stated, “The Independent Corrupt Practices and Other Related Offences Commission and the National Pension Commission have recovered over N3bn in unremitted pension contributions from employers.”

PenCom explained that the recovered funds were obtained from defaulting employers in the electricity sector and credited to the respective Retirement Savings Accounts of affected workers in line with the Pension Reform Act 2014.“The recovered funds, obtained from defaulting employers in the electricity sector, have been fully remitted into the respective Retirement Savings Accounts of affected employees in accordance with the provisions of the Pension Reform Act 2014,” the statement read.The commission said the development demonstrated the effectiveness of its partnership with the ICPC in ensuring compliance with pension laws and compelling employers to fulfil their statutory obligations.

It said, “The recovery demonstrates the effectiveness of the partnership between PenCom and ICPC in enforcing compliance with the PRA 2014 and ensuring that employers fulfil their statutory pension obligations.”PenCom recalled that it signed a Memorandum of Understanding with the ICPC in October 2025 to strengthen collaboration in the recovery of unremitted pension contributions, the investigation of pension-related infractions, and the enforcement of compliance with the Pension Reform Act 2014.

The commission added that the ICPC was currently investigating several private-sector employers referred by PenCom for alleged non-compliance with the Act, expressing optimism that further recoveries would be made as the investigations progressed.“The ICPC is currently investigating several private-sector employers referred by PenCom for non-compliance with the PRA 2014. With the ongoing collaboration, additional recoveries would be achieved as the investigations progress,” it stated.PenCom reiterated that the Pension Reform Act requires employers to deduct and remit pension contributions into employees’ Retirement Savings Accounts within seven working days after salaries are paid.It warned that employers who fail to comply risk sanctions.“Failure to comply with this requirement constitutes a violation of the law and attracts sanctions, including the recovery of outstanding contributions, penalties and, where necessary, prosecution,” the statement said.

The commission urged employers, particularly those in the private sector, to regularise outstanding pension remittances and comply fully with the provisions of the Act to avoid regulatory and enforcement action.It reaffirmed its commitment to protecting workers’ retirement savings, promoting compliance with the Contributory Pension Scheme, and ensuring that pension contributions deducted from employees are promptly remitted into their Retirement Savings Accounts.The PUNCH recently reported that the National Pension Commission intensified its enforcement drive to ensure nationwide compliance with the Contributory Pension Scheme by launching a specialised, high-level monitoring platform targeting non-compliant subnational governments.The initiative is part of an ongoing strategy to deepen pension reform at the subnational level and secure a sustainable retirement future for public servants across the states of the federation.

PUNCH

Continue Reading

NEWS

DSS Arrests Former Minister Geoffrey Nnaji; Hands Over to ICPC

Published

on

By

Operatives of the Department of State Services (DSS), on Wednesday morning, arrested former Minister of Science and Technology, Uche Nnaji, at the Akanu Ibiam International Airport, Enugu.Security sources said Nnaji, who resigned last October under controversial circumstances, was arrested by DSS officers on request by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and handed him to the Anti-Graft Agency.The sources further notes that the ICPC had extended several invitations to the former minister following petitions on how he managed his Ministry, and therefore contacted the DSS to assist in arresting him.

Continue Reading

Trending

Mega Awareness 2023