2021 might be powerful for meals manufacturing, provide— Lagos govt – AREWAAFFAIRS
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2021 might be powerful for meals manufacturing, provide— Lagos govt

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APPEALS: 2022 will be tough for food production, supply— Lagos govt
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From left—Lagos State Commissioner for Agriculture, Abisola Olusanya; Everlasting Secretary of the ministry, Dr Olayiwole Onasanya, and the Lagos State APPEALS Challenge Coordinator, Mrs Oluranti Sageo-Oviebo, throughout the commencement of one other batch of trainees in Lagos, Wednesday.

By Jimoh Babatunde

Lagos State Commissioner for Agriculture, Abisola Olusanya, has referred to as on farmers within the state to brace as much as fill the anticipated hole in meals provide to the state subsequent 12 months.

She made the decision on the commencement of the third batch of 50 beneficiaries below the aquaculture, poultry and rice worth chains coaching on accessing second stage financing, Wednesday.

The coaching was organised by the Lagos State Agro-Processing Productiveness, Enhancement and Livelihood Enchancment Assist, APPEALS.

APPEALS is a tripartite challenge of the World Financial institution, Federal Authorities and Lagos State for small scale farmers.

Olusanya mentioned 2021 might be a troublesome 12 months when it comes to meals safety within the southwest as different areas might be competing for meals meant for the area.

” with the insecurity within the Northern a part of the nation, the farmers aren’t going to farms, so how do you anticipate to get the meals to come back from?”

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She added that as farmers they need to be able to fill the hole and see farming as enterprise by cultivating extra meals.

“we must always see agriculture as a supply of enterprise and never retirement job.”

She mentioned as a state that they’ll proceed to help farmers throughout the totally different worth chain.

“We’ll proceed to facilitate trainings and collaboration with the Central Financial institution of Nigeria, CBN, and different multilateral companies.

” The Lagos State Agro-Processing Productiveness, Enhancement and Livelihood Enchancment Assist , APPEALS, is doing that,” she added.

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The commissioner urged the contributors to unfold the data gained to their colleagues in order that the state turns into a serious meals hub within the nation.

Talking earlier, the APPEALS State Challenge Coordinator, Mrs Oluranti Sageo-Oviebo, mentioned  250 beneficiaries have been chosen for the coaching performed in partnership with the Africa Management Discussion board, ALF, with the theme: “Entrepreneurship Accessing Single Digit CBN Agro-Credit score and Export Readiness.”

She mentioned: “We have now 5 batches, 50 individuals per batch, totaling 250 beneficiaries by the tip of December.

“The standards for choosing the trainees was farmers who benefited below the CADP and are doing very nicely, and in addition some ladies and youth who benefited and are doing very nicely.

“We might be facilitating and making certain that farmers don’t get into monetary contracts that they won’t be dedicated to, we is not going to depart them on their very own, we’re able to help them throughout.

“The reality is,we can not help everyone with grant below this challenge, so for these we really feel we can not help primarily based on the size of their farms and all of that, we determined to deliver them out and requested them to attend this coaching.

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“Then we checked out farmers who had potential for export market as a result of it’s not everyone that may get into the worldwide market; so, that was one other standards we checked out,” she mentioned.

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In response to her, after the coaching, the challenge will work carefully with the Enterpreneurship Growth Institute (EDI) and the Export Promotion Council on certification and export alternatives.

She mentioned: “We is not going to cease there, for export we all know that certification is vital and that’s a part of what this challenge is taking a look at.

“We’re taking a look at clusters and attainable methods of satisfying them as a challenge, and we aren’t working in isolation; we’re doing alliance, like farmers with processors after which the market.

“That is the place we’re partnering with EDI, Export Promotion, NAFDAC and different regulatory companies.”

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ARM Holdings boosts healthcare facility in Lagos

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ARM Holdings boosts healthcare facility in Lagos
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By Rosemary Onuoha

Asset & Useful resource Administration Holding Firm (ARM) has given a lift to healthcare amenities in Lagos State with the renovation and donation of a set of laboratory gear to the Outpatient Well being Centre in Onikan.

The facelift to the hospital facility constructed within the 60’s in response to ARM was in step with its Company Social Duty (CSR) technique, to assist the Lagos State Authorities within the battle towards COVID-19, in addition to assist instant communities to stay wholesome life for development and financial prosperity.

Receiving the donation on behalf of the state authorities, Commissioner for Well being, Professor Akin Abayomi mentioned the gear donated by ARM is the primary of its variety in Nigeria and in the entire of West Africa.

“For this, I need to congratulate ARM for being the primary donor of this gear in Nigeria and certainly West Africa.”

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Abayomi who applauded the gesture mentioned it is going to assist Lagos in containing the affect of COVID-19, because the gear will assist the hospital to successfully handle blood transfusion by guaranteeing that solely protected and clear blood is obtained from donors and transferred to recipients.

He mentioned that the state was making efforts to comprise the second wave of COVID-19 pandemic, by growing public well being response and sustaining a balanced financial system.

Chief Government Officer of ARM Holdings, Mrs. Jumoke Ogundare talking through the official presentation, mentioned this 12 months has been a difficult one for all nations together with Nigeria on account of COVID-19 pandemic.

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Ogundare mentioned ARM has regarded on the affect of the pandemic on the well being sector in addition to the inhabitants, and so determined to make a distinction with renovation of this facility and donation of the gear.

“That is in step with our Company Social Duty, and we hope that it’ll assist the state authorities, the hospital and the instant neighborhood, significantly at the moment when COVID-19 has taken enormous toll on our economic system, Ogundare mentioned.

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African Alliance settles N1.3bn claims in two months

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African Alliance settles N1.3bn claims in two months
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By Rosemary Onuoha

African Alliance Insurance coverage Plc stated it has settled claims of N1.three billion in two months from October until date.

Managing Director/Chief Government Officer of African Alliance, Mrs. Joyce Ojemudia, disclosed this throughout a press interplay on the firm’s workplace in Lagos, including  that the one strategy to make insurance coverage merchandise tangible is for underwriting companies to pay real claims promptly.

Giving a breakdown of its claims fee historical past from October until date, he stated the corporate paid N220.5 million as claims for group life insurance coverage; N1.03 billion for particular person life together with annuity, N2.three million for Esusu,  and N73.7 million paid as takaful claims.

Ojemudia stated: “The merchandise that we’re promoting within the insurance coverage sector are intangible and the one strategy to make them tangible is to pay claims and pay promptly.”

In accordance with her, insurance coverage firms pay claims and it must be clear to the general public that the sector exists to service their claims.

She stated: “Once you inform Nigerians to take up insurance coverage, they at all times say that ‘God is my insurance coverage’, however after we begin sounding the message of claims fee very loud via the press, they may consider the press higher.”

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The African Alliance boss famous that the corporate is placing modalities in place so as to add extra worth to a few of its merchandise to appease the approaching 12 months.

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She added that “When a few of these merchandise had been truly put available in the market, COVID-19 was not round and no one thought the affect of COVID-19 shall be as massive as this.

“In order quickly as we put some merchandise within the correct perspective that can soothe  the 2021 enterprise 12 months, I’m positive that we are going to begin partnering with you to inform the general public that we now have merchandise that shall be of frequent curiosity to them.”

Additionally talking, Basic Supervisor/Lead, Enterprise Improvement, Mr. Steve Ajudua, stated that there’s potential of over a trillion naira revenue within the obligatory insurance coverage merchandise for the insurance coverage trade and there’s want for strict enforcement of that line of enterprise.

He appealed to the media to help the sector in propagating the advantages inherent within the obligatory insurance coverage merchandise, saying that it provides the trade an enormous alternative to extend insurance coverage penetration in addition to develop the economic system.

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Anchor pays N957m claims in 10 months

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Anchor pays N957m claims in 10 months
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By Rosemary Onuoha

Anchor Insurance coverage Firm Restricted has paid out N957 million as claims to deserving policyholders as on the finish of October this yr.

The corporate’s Managing Director, Mr. Ebose Augustine, disclosed this whereas talking with journalists in Lagos lately.

Augustine acknowledged that assembly prospects’ real claims’  requests including that doing so inside a specified time restrict have been elements of the practices Anchor Insurance coverage was identified for. He mentioned: “And we take unrepentant satisfaction in assembly our promise of placing smiles again on the faces of our policyholders at any time when the danger insured in opposition to crystallizes.”

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Giving a breakdown of the claims paid in line with the courses of insurance coverage, Mr. Ebose mentioned N204.three million was paid to affected prospects underneath the oil and gasoline class, N197.5 million was paid underneath basic accident, N197.four million was paid underneath motor insurance coverage, N108.6 million was paid underneath the lack of employment insurance coverage scheme and N89.1 million was paid to these affected underneath the engineering class.

In line with him, others included marine insurance coverage the place affected claimants obtained N63.2 million, fireplace class was N33.1 million and bonds N27.7 million respectively.

He mentioned: “Our greatest commercial is the well timed processing and spiritual settlement of claims. The corporate was solely residing as much as its motto, “…the place insurance coverage works.”

He additional disclosed that the COVID-19 pandemic affected companies and lives which gave rise to excessive instances of claims calls for on insurers.

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He famous that “We at Anchor Insurance coverage had our personal fair proportion of the report of the declare, particularly the lack of employment insurance coverage scheme however we had been equal to the duty as the first responsibility of any insurance coverage firm is to pay claims.”

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