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Business News

Seplat Petroleum donates items for management of COVID-19 to Edo

Seplat Petroleum Development Company on Wednesday joined the league of Nigerian corporates to donate to the fight against coronavirus  

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Seplat, stakeholders call for collaboration on Customer Protection Act, Seplat Petroleum announces closed period, as directors meet on March 19th, Seplat Petroleum announces a final dividend of at $0.05 per ordinary share, Seplat Petroleum donates items for management of COVID-19 to Edo, Defiant Seplat books N49.b loss as crude oil prices forces new strategy 
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Seplat Petroleum Development Company on Wednesday joined the league of Nigerian corporates that donate to the fight against coronavirus

The donation was made to the Edo state government in the form of medical supplies and equipment. Some of the items included: motorised sprayers, Knapsack sprayers, eye goggles, hands sanitizers, nose masks, temperature guns, chemical gloves, and personal protective equipment.

According to Emmanuel Otokhine, Seplat Base Manager, the items donated were help provide support to Edo state to help contain the spread of the coronavirus. Otokhine added that the gesture was to help ramp up the ability of the state to manage the COVID-19 outbreak.

“We understand that the state government has put in place many measures in the fight against Coronavirus. We felt that we should give them this assistance. We understand that at the moment, personal protection equipment is in short supply, even if you placed an order you won’t get.”

“We are presenting some of these so that the personnel who are handling those confirmed cases and those who are going to test positive will require that equipment,” Otokhine said

(READ MORE: COVID-19: Twelve new cases, total figure rises to 151)

Meanwhile, the Edo state government in an address by Philip Shaibu, Deputy Governor of the state and Chairman of the Coronavirus Response Committee in the state, thanked Seplat for their contribution to support the state’s effort in the fight against the pandemic.

The disease, which has led to the total lockdown of two states and the federal capital territory by the country’s federal government, has also seen many state governments order partial shutdown of economic activities.

Edo state has recorded 4 confirmed cases of the total 151 confirmed cases in the country as at 12:30 pm April 1.

SSKOHN

Shaibu in his closing remarks called on other well-meaning individuals to emulate the step taken by Seplat in the state, adding that government alone could not do it, but with the support from individuals.

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Business

Hyundai and Kia to set up an assembly plants in Ghana by 2022

The automobile giants will join Toyota-Suzuki, Nissan, Kantanka, Volkswagen, and Sinotruck who already have plants in Ghana.

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Hyundai to invest $87 billion into producing 44 new electric vehicles, Hyundai partners Kia to invest €100m in electric vehicles 
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Few weeks after Twitter announced its plans to open its first African office in Ghana, Hyundai and Kia have also concluded plans to set up an assembly plants in Ghana by 2022. The automobile giants will join Toyota-Suzuki, Nissan, Kantanka, Volkswagen, and Sinotruck who already have plants.

Ghana’s Minister for Trade and Industry, Alan Kyerematen announced this on Twitter.

READ: This is the New Tarrif Structure For Importing Tokunbo & Brand New Cars

Pleased to announce that Hyundai & KIA are set to establish assembly plants in Ghana by the end of 2022 to join Toyota-Suzuki, Nissan, Kantanka, Volkswagen & Sinotruck. The Ghana Auto Development program = 3,600 assemblies & 6,600 manufacturing parts jobs in Ghana.

The local assembly of vehicles, 3,600 direct and indirect jobs would be created in Ghana, and the addition of components and parts manufacturing will also add about 6,600 direct and indirect jobs.”

READ: Toyota snubs Nigeria as it moves to establish assembly plants in Ghana, Ivory Coast 

Why this matters

More foreign companies are shunning Nigeria in favour of Ghana. Recently, Nairametrics reported that Amazon is set to situate its African Headquarters in South Africa, a multi-billion dollar investment that is projected to create over 20,000 jobs both directly and indirectly.

Following its move to Ghana, Twitter CEO, Jack Dorsey cited a number of human rights-related reasons for the choice of Ghana over Nigeria. Added to this are rising insecurity, stifling government regulations and the gapping infrastructural deficit bedevilling Nigeria. Consequently, our nation is steadily losing opportunities to attract foreign companies that could be very instrumental in bridging its unemployment gap which is currently over 30%.

SSKOHN

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Business

Passports: Backlog of undelievered passports to be fixed before May 31st – Minister

The government also announced the launch of a new passport application system, which would be aided by fast track services nationwide.

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The Federal Government disclosed that all backlogs of undelivered passport requests would be fixed before May 31st, and announced the launch of a new passport application system, which would be aided by fast track services nationwide.

This was disclosed by Minister of Interior, Rauf Aregbesola, in a press briefing with newsmen on Thursday.

What the Minister said

“On or before May 31st, all backlogs of undelivered requests for passports will be totally met, unless such applications have a problem,” he said.

“But before the deadline, the problematic application would be contacted, so that we know what’s wrong with the applications. Assuming there would be no problem, every successful application for a passport would be given a passport on or before May 31st,” he added.

READ: Canada invites 3,900 new PR candidates, introduces new programme to attract Nigerians

The new passport process

The Minister disclosed that the FG will launch a new passport application process which would come into effect soon.

“When you finish your application process, there would be a waiting period of six weeks to collect your passport, however, if you want an express service, there would be fast track centres nationwide, to meet requests for express passport users,” he said.

What you should know 

  • Recall Nairametrics reported last month that the Federal Government inaugurated the Nigeria Immigration Service Passport Express Centre, which is a partnership with the private sector to enable the government offer passport services to Nigerians and make passports available in a maximum of 72 hours of a successful application.
  • The FG also launched the Electronic Temporary Passport to cater for Nigerians desirous of returning home but whose national passport is not available.

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