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Minister says N6trillion required to solve water problem in Nigeria

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Suleiman Adamu, the Minister of Water Resources has stated that the sum of N6 trillion is needed to meet the demands for water supply infrastructure in the country.

According to NAN, the minister said this at the 28th regular meeting of the National Council on Water Resources in Abuja while speaking on the theme, ‘Emerging Financial and Management Challenges for Sustainable Water Infrastructure in Nigeria.’

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Describing the meeting as an opportunity to discuss developments in the water sector, evaluate issues, address identified challenges and chart a way forward towards resolving contemporary challenges, Adamu highlighted the major challenges facing the sustainable development of the water sector were funding, poor water governance, obsolete infrastructure amongst others.

What they are saying

Calling for the need to review the water governance, sustainable financing, pricing for water services, Adamu said that the World Bank had committed 700 million dollars to support Nigeria in its National WASH Action plan towards the revitalisation of the sector through the Sustainable Urban and Rural Water Supply and Sanitation Hygiene (SURWASH) programme.

He said, “SURWASH is expected to provide six million people with basic drinking water services and 1.4 million people access to improved sanitation services. The programme will deliver improved WASH services to 2,000 schools and healthcare facilities and assist communities to achieve open defecation-free status’’

Oumar Dombouya, UNICEF WASH Manager pointed out that 30% of the people in Nigeria (60 million people) do not have access to clean water, according to the 2019 National Outcome Routine Mapping of Water, Sanitation, and Hygiene Service Levels (WASH-NORM). He, therefore, pledged the commitment of the UN body to support durable and cost-effective interventions towards making the country meet its SDG target by 2030.

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In his comment, Dr Edwin Isotu-Edeh, National Consultant, Public Health and Environment, representing the WHO Nigeria Country Representative expressed worry that one in three persons still lack access to basic drinking water globally whilst calling for the need to democratise access to WASH services in the county and urging states to emulate what was being done in the federal level to ensure sustainability.

He said, “States can emulate what was being done by the federal government, and all stakeholders ought to put water as a key component of all interventions.’’

Olusade Adesola, who represented the FCT Minister, Dr Mohammed Bello also noted that the provision of clean and safe clean drinking water to FCT residents was top priority of the Federal Government through the FCT Administration.

He said, “The water sector is faced with old and emerging challenges that has prevented us from emerging our target in this sector, providing infrastructure for regular water supply is very capital intensive.

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“While the projected population of the FCT by year 2020 ought to be 3 million, the actual population as at 2018 and 2019 had risen to six million, this has placed enormous demand and pressure on significant resources to meet the infrastructural need.

“That is why you see new territories, layouts, districts are being opened without the corresponding provision of infrastructural facilities’’.

Source: NairaMetrics

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Power Black Aims to Disrupt Nigerian Energy Drinks Market

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Power Black Energy drink

By Adedapo Adesanya

Power Black Energy drink, a Turkish energy drink with a presence in over 35 countries across Europe, Asia, Africa and the Middle East, has landed in Nigeria, being the first and only energy drink in Nigeria with a hygienic cover.

Speaking at a recent launch, the Marketing Manager of Frisson Nigeria Limited, the sole distributor of Power Black Energy Drink in Nigeria, Mr Ojotobor Samuel, said Power Black Energy Drink is a premium energy drink that offers Nigerians needed the power to achieve their goals with class and finesse.

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Mr Ojotobor said as the first and only energy drink with a hygienic cover in Nigeria, Power Black seeks to encourage healthy consumption of energy drinks whereby consumers do not have to finish the can of drink at a go as it can be preserved with the hygienic cover all day long.

The Frisson Nigeria boss said Power Black Energy Drink is made with clean water, sugar glucose syrup, carbon dioxide, acidity regulator (Citric acid & Sodium citrate), Taurine, Vitamins B2, B3, B5 and B6. These ingredients, according to him enrich the human body with desired energy and account for the positive effect on the cognitive performance of every individual.

He added that there is no negative side effect to Power Black energy drink if consumed in moderation and advised Nigerians that it is healthy to consume everything, including water in moderation.

Validating the claims of the distributing firm, a representative of the manufacturer, Ares Gida Manufacturing-Turkey, Mr Recep Yildiz said Power Black Energy drink is made with finest of ingredients and purest of water and it guarantees good health and energy for Nigerians.

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He added that the brand is the leading brand in the energy drinks market of countries like Spain, Germany, United Arab Emirates, Kuwait, Qatar, Jordan, Chad, Ghana, Ivory Coast and Mali.

As the latest entrant in the Nigerian market, the company has noted that the brand will soon take its leadership position in Nigeria.

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Konga represents stretch factor in Nigerian e-commerce – Ibukun Awosika

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1642538704 Ibukun Awosika

Mrs. Ibukun Awosika, a serial entrepreneur and former Chairman, First Bank of Nigeria Plc., has hailed Konga, Nigeria’s leading composite e-commerce giant as a stretch factor that has taken on and surmounted huge challenges, while positively disrupting the face of e-commerce in Nigeria.

She made the call on Saturday, January 15, 2022, at the Konga Group’s retreat held at the impressive Yudala Heights on Idowu Martins, Victoria Island, Lagos

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Awosika, who was one of the special guests at the half-year business review retreat organized by Konga, heaped praises on the e-commerce giant for bouncing back from a potential exit in 2018 after acquisition by the Zinox Group and restoring hopes among millions of Nigerians in the viability of the e-commerce industry.

‘‘This has proven that we have globally experienced entrepreneurs with capacity to alter our economic destinies. In your journey in life, there are many who would say you cannot do it. But do not pay heed to them. Konga has proved this axiom by showing that nothing is impossible when you set your mind to it. Today, many of us are witnesses to the impressive strides recorded by the company in the e-commerce industry, coming from a near-exit in 2018 to eventually turning profitable.’’

While assessing the resilience, huge strength and adaptability that has seen Konga thrive in a difficult terrain, as well as the huge ambition driving the brand, Awosika drew fitting analogies with quality fabric which often recover to its starting point after being stretched – a process used by garment and furniture makers in working out the stretch factor of individual fabric.

Addressing Management and staff at the session, she said: ‘‘In my opinion, Konga is a stretch factor and a great ambassador for Nigerian e-commerce. I urge you all to remember that as employees, you are the face of the brand and must carry this with mandate with responsibility everywhere you go,’’ she stated.

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Her thoughts were echoed by Mr. Funso Akere, Chief Executive, Stanbic IBTC Capital, who equally identified Konga as a potential leader of African e-commerce, in view of its high ethical standing, current growth trajectory and perception among interested investors.

Konga

‘‘There is a huge opportunity for Konga to assume leadership of the African e-commerce space and sustain it comfortably from what I have experienced. You have a brand that is highly respected, known for its zero-tolerance for unethical practices and one that is growing at a fast pace. There are four things investors look at. First is, the opportunity. The second is the ambition – how big it is. Third is the skills – what are the human resources or assets available and the fourth is the execution or what you would call the process. Under process, you talk about governance and control.

‘‘Konga has done very well in these areas and it is no surprise that some of the biggest investors in the world are interested in the business,’’ he concluded.

In his closing remarks at the exciting two-day retreat which witnessed excellent presentations and thought-provoking conversations, Co-CEO, Konga Group, Nick Imudia, who declared 2022 as the year of partnerships, reiterated the unwavering determination of the entire Management and staff of the company in keeping up the pace of Konga’s fast-paced growth in the e-commerce industry.

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Source: NairaMetrics

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