Friday, November 27, 2020

Corporate Social Responsibility: THE STORM IS YET TO BE OVER

Corporate Social Responsibility: THE STORM IS YET TO BE OVER:  PETITION AND DEBATE:   BRITISH PARLIAMENT'S FORMAL NOTICE OF THE DESTRUCTIVE AFTERMATH OF CHALLENGE OF IMPUNITY BY THE YOUTH TITLED #EN...

BUSINESSES AFTER COVID: GET READY AND DETAILS

 Hello,

You probably have  heard about the 21st century business concept sweeping across the globe.  Time is short and limited space, but you can be spontaneous to get the awareness.

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Iyke Ozemena Esq   #corporateleaders

Corporate Attorney/Consultant IKECHUKWU O. ODOEMELAM & CO

 www.corporateleadersboard.blogspot.com www.facebook.com/corporateboard amazon.com/iyke ozemena books

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#EndSARS: UK Parliament's Debate On Sanctions For Nigerian Officials (Fu...

THE STORM IS YET TO BE OVER

 PETITION AND DEBATE:  

BRITISH PARLIAMENT'S FORMAL NOTICE OF THE DESTRUCTIVE AFTERMATH OF CHALLENGE OF IMPUNITY BY THE YOUTH TITLED #ENDSARS PROTEST

https://youtu.be/lTmZFZXwrSY 


Iyke Ozemena Esq   #corporateleaders

Corporate Attorney/Consultant IKECHUKWU O. ODOEMELAM & CO

www.corporateleadersboard.blogspot.com www.facebook.com/corporateboard amazon.com/iyke ozemena books

http://www.amazon.com/dp/B0075RXXLE COMPANY SECRETARIES HANDBOOK

 http://www.amazon.com/dp/B005783S6SDIRECTORS

http://www.amazon.com/dp/B005MKCESY MEETINGS: Dynamics and Legality

https://corporateleadersboard.blogspot.com/2017/

https://www.businesslist.com.ng/company/257480/idea-workshop
https://m.thenigerianvoice.com/author/IykeOzemen

Tuesday, September 1, 2020

NBA SNEEZED AND THE NATION CAUGHT COLD

 

NBA SNEEZED AND THE NATION CAUGHT COLD

We must be able to clarify the issues that trailed the NBA 2020 conference as objectively as possible for posteriority.  Invitation and dis-invitation are part of the annual conference.  In 2007 Prof Maurice Iwu was invited and dis-invited heavens did not fall; this year Gov. Nasir El-rufai  was invited but protests from the rank and file of lawyers and non-lawyers stopped his invitation and the heavens is about to fall with the creation of a parallel bar for the North where Gov El-rufai comes from.

 

The NBA as an umbrella body must exist before anyone seeking relevance underneath the corpus. Therefore you and your cause cannot be bigger or more  important than the superstructure.  Religion is a personal burden of members not that of NBA or its cause(s).

 

We have seen recently how members’ sectarian leanings blurred their sense of judgment and you could notice sentiments overwhelming common legal principle like ‘ubi jus ibi remedian’ (where there is a right there is a remedy). Did the governor ever said, ‘hey why did NBA take away my right?’ –(legal or equitable).  Instead sympathisers, gladiators, impostors, interlopers, meddlers etc. began to ask for the restoration of non-existent ‘right’. But the governor has personal legal adviser besides the public law officer of the state, Attorney-General and Commissioner for Justice.

 

In the debate Edafeyivwotu Famous Onoriode posted a comment in LAWYERS IN NIGERIA platform buttressing his position by quoting late senate Presidend, Dr Chuba Okadigbo who said: ‘’If you are emotionally attached to your tribe, religion or political leaning to the point that truth and justice become secondary considerations, your education is useless.  Your exposure is useless.  If you cannot reason beyond petty sentiments, you are a liability to mankind’’.  I replied to this comment ‘Just on point’. There is nothing in the unfolding debate but sentiments, no legal or equitable right arises.

 

Religuos sentiments and bigotry take away all forms of knowledge acquired by humans over time once it is deployed.  As tempers are rising, the relics of modern civilisation are depleting.  The epitaph on Shakespeare’s tomb says: ‘’Good friend for Jesus sake forebeare.  To dig the dust enclosed here.  Blessed be the man that speares these stones.  And cursed be he that move my bones’’. This has caused havoc whether it is a CURSE to move the grave because of government’s compulsory acquisition of land etc, family/relative’s decision to give ‘befitting final burial’ or even if British public protest that Shakespeare should be re-buried in a national cemetery as a public figure.  No matter how plausible these arguments are there is already a controversy (religion) waiting to overwhelm rational views comments.

 

In spite of my various comments on several social media platforms, what I take away is the call for Council for Legal Education to craft Bar Final examinations questions to reflect the scenario facing the nation now.  NBA is not a political party. There are six Law schools in Nigeria, but are they established to produce lawyers for regional and religious feuds?

 

Iyke Ozemena Esq

Corporate Attorney/Consultant IKECHUKWU O. ODOEMELAM & CO

#corporateleaders

www.corporateleadersboard.blogspot.com www.facebook.com/corporateboard amazon.com/iyke ozemena books

http://www.amazon.com/dp/B0075RXXLECOMPANY SECRETARIES HANDBOOK

http://www.amazon.com/dp/B005783S6SDIRECTORS

http://www.amazon.com/dp/B005MKCESY MEETINGS: Dynamics and Legality

Tuesday, August 25, 2020

Corporate Social Responsibility: NBA 2020 CONFERENCE WITHOUT GOV. EL-RUFAI

Corporate Social Responsibility: NBA 2020 CONFERENCE WITHOUT GOV. EL-RUFAI:   NBA 2020 CONFERENCE WITHOUT GOV. EL-RUFAI I want to remind ourselves from the onset of this discourse that there is corporate responsibi...

NBA 2020 CONFERENCE WITHOUT GOV. EL-RUFAI

 

NBA 2020 CONFERENCE WITHOUT GOV. EL-RUFAI

I want to remind ourselves from the onset of this discourse that there is corporate responsibility attached to public offices, sometimes symbolised by taking of Oath of Office. It is partly for this reason that ordinary issue are magnified or receive more attention than necessary. Nigerian Bar Association (NBA) is one of the foremost organised civil society organization in the country with clout and influence recognized by governments at all levels.  The organization is known for its slogan ‘promoting the rule of law’, which encompasses defending the Constitution of the Federal Republic of Nigeria (the grundnorm), the judges, fundamental human right of individuals and hold governments accountable to the people who elected them, as the custodian of the conscience of the nation.

The NBA NEC has the responsibility to organize meetings and conferences whenever necessary.  In so doing a technical organising committee is usually assigned to arrange the logistics and protocols on behalf of NEC before the main meeting and this year’s conference is not an exception even though virtual, which is substantially different from previous ones.

One of the main and invariable features of is nomination/invitation of speakers from broad spectrum of the society.  This year’s speaker happens to include Mallam Nasir El-Rufai, governor of Kaduna state. Intrinsically the organizing committee in their assessment, thought his inclusion would be welcome like other speakers.  But it didn’t because no sooner the name appeared on the proposal list than objections and protests by commentators both lawyers and non-lawyers on various social media platforms went viral, calling for his dis-invitation.

Some of the reasons advanced by these critics include crisis in Kaduna state where the governor is the chief executive with its citizens divided along ethnic and sectarian lines; disobedience to valid court orders; failure to observe the tenets of the rule of law, and most importantly as the CEO, his failure to maintain security and welfare of citizens which are the primary purpose of government.

The NBA President in his letter to the embattled governor explaining reasons for dis-invitation, maintained that these allegations were not ‘judgments’ by the NBA and I so align with that opinion. For governor El-Rufai there is no love lost.  He has an Attorney-General and Commissioner for Justice, therefore no one northerner is justified to cry more than the bereaved.

Without the governor instructing the office, Hon. Aisha Dikko should have asked whether the governor’s right was violated or denied by applying the principle of ubi jus ibi remedium (where there is a right, there is a remedy).  The answer from these commentators/critics, both lawyers and non-lawyers would have been none.  Even if he has any right of invitation, it is revocable or limited like any other legal or equitable right.

It is also on record that, contrary to the principle of fairness, protection/inclusion of minorities and reflection of equitable political balance, his second term election deliberately ensured muslim-muslim ticket removing existing inclusive option of muslim-christain or vice-versa. This arrangement lost sense of belonging due to the Kaduna minorities.

Obviously many can see that there are sensitive issues at stake  with victims of the recent crisis still licking their wounds.  Is this the proper time for the governor to mount the podium on the platform of the NBA after he has been Channels, Youtube, social media and other electronic and print media stating his own case and defence? Who is holding the briefs of the victims and minorities? In my candid opinion, with all these being fresh in our minds it would amount to complacency and insensitivity to add Mall El-Rufai as 2020 conference speaker, in a group known as vanguards of human right for citizens and minorities. This is indefensible and odd for NBA to handle.This, indeed is a difficult moment for the NBA, especially the outgoing and incoming leadership. Members should employ sound reason in handling these issues without allowing sentiments to cloud our decisions because what we have is today, we cannot dictate what the next day can come up with.

Let me now end this discourse with Edmund Burke, an English political philosophy who said: ‘All it takes for evil to triumph is for men of goodwill to remain silent in the times of moral crisis’.

 

Iyke Ozemena Esq

Corporate Attorney/Consultant IKECHUKWU O. ODOEMELAM & CO

#corporateleaders

www.corporateleadersboard.blog.com www.facebook.com/corporateboard amazon.com/iyke ozemena books

http://www.amazon.com/dp/B0075RXXLE COMPANY SECRETARIES HANDBOOK http://www.amazon.com/dp/B005783S6SDIRECTORS

http://www.amazon.com/dp/B005MKCESY MEETINGS: Dynamics and Legality

Sunday, August 9, 2020

Corporate Social Responsibility: CHALLENGES OF SCHOOLS RE-OPENING

Corporate Social Responsibility: CHALLENGES OF SCHOOLS RE-OPENING:   CHALLENGES OF SCHOOLS RE-OPENING The pandemic called Covid19 brought the entire world into a situation now referred to as the ‘new nor...

CHALLENGES OF SCHOOLS RE-OPENING

 

CHALLENGES OF SCHOOLS RE-OPENING

The pandemic called Covid19 brought the entire world into a situation now referred to as the ‘new normal’. All over the world it became normal for offices, industries, travels, schools to shut down.  For the schools to re-open is not new, however the closure took place at a time it was considered a weapon; one of the prongs of global battle against Covid19.  Before arriving at this decision there were serious debates in various countries.

 

The re-opening also generated similar debates and intellectual, socio-economic and political arguments as to the rationale for doing so.  It is no secret that while the arguments were going on as part of the fundamental rights of freedom of speech, conscience, contribution of citizens towards democracy, students and teachers were attending religious worships, playing sports, participated in socio-economic and political activities, including market places and other activities, none of which showed serious observance of the proclaimed guidelines.

 

The central issued in all these debates and arguments is how many lives would be saved by adopting one argument rather than the other. It is daisy to decide one way or the other. The Centre for Disease  Control (CDC) being the arbiter in the discourse has outlined various guidelines for prevention and control of the spread of Covid19, but the observance and practices are still below set standards even as schools are re-opening.

 

These guidelines are not rocket science.  They include basic hygiene precautions as washing hands with running water.  Use of face mask and maintaining social distance of not less than three metres apart from each other, if you must be in the crowd of religious services, schools, transport, market places and political gatherings.

 

The critical issue now is whether the stakeholders in the educational system are sufficiently sensitized to re-open schools, without raising a new wave of the pandemic?  One has to be specific in answering such question because of the size of the national educational sector – quite huge.  Juxtapose this with the dichotomy between public and private schools. I am not persuaded to go into the divisions among the different private schools and the negative impact they have on decisions in this sector,

 

Since the policy decision has taken off already with induction training on the guidelines, what remains are the concerns so doing raises for parents, students, teachers, para-educational staff and other stakeholders like education NGOs.  One of such concerns is the increase in transport fare induced by the observance of social distancing in various means of transport coupled with the imminent increase in fuel costs.  Also pertinent is the fact that return to school with more passengers at the bus stop might induce shortage of transport facilities.

 

Education is a social service as opposed to economic venture.  Of course no one is blind to the fact that most private schools/institutions operate as pure economic ventures.  Therefore the need for corporate social responsibility (CSR) on the part of state and federal governments with their relevant ministries put on alert throughout the schools exit duration, because it would not be unheard of, if the exercise induces a new wave of the pandemic. God forbid!

 

Iyke Ozemena Esq

Corporate Attorney/Consultant IKECHUKWU O. ODOEMELAM & CO

#corporateleaders

 www.corporateleadersboard.blog.com www.facebook.com/corporateboard amazon.com/iyke ozemena books http://www.amazon.com/dp/B0075RXXLE COMPANY SECRETARIES HANDBOOK 

http://www.amazon.com/dp/B005783S6S DIRECTORShttp://www.amazon.com/dp/B005MKCESY MEETINGS: Dynamics and Legality


Saturday, August 1, 2020

NBA 2020 PRESIDENTIAL ELECTION

NBA 2020 PRESIDENTIAL ELECTION
In spite of alleged agitations the election broke the jinx of the position being the preserve of the

SANs since Clement Akpamgbo SAN of blessed memories stepped into the office in 1991.

Since 2018 election Lawyers have been locking horns over alleged electronic rigging that brought

Paul Usoro SAN to the presidency resulting into protracted antagonism that fueled the

determination of the soul of the bar to up turn a ‘convention’ that was gaining ground that once

SANs mount the podium to announce candidacy for NBA presidential election any other candidate

not a SAN withers away.

In the words of former President Obama ‘change has come to NBA.’ It was a difficult time with the

restrictions of the pandemic. Finally a rare show of courage brought the needed change; It calls for

diligence to sustain the new era;

All hands should be on the deck to realize this.

Barr. Iyke Odoemelam

IKECHUKWU O. ODOEMELAM & CO
Corporate Attorneys/Consultants

Tuesday, July 21, 2020

Corporate Social Responsibility: CRISIS OF CSR IN NDDC

Corporate Social Responsibility: CRISIS OF CSR IN NDDC: CRISIS OF CSR IN NDDC The Niger Delta Development Commission (NDDC) Act of 2000 came into existence with much row after the then Presid...

CRISIS OF CSR IN NDDC


CRISIS OF CSR IN NDDC
The Niger Delta Development Commission (NDDC) Act of 2000 came into existence with much row after the then President Obasanjo declined assent as the legislators vetoed him and passed the bill after 30 days, through s.58(2) of the 1999 Constitution.
The purpose of the Act is Corporate Social Responsibility (CSR) with funding for replenishment of values devastated by the activities of oil exploration in the entire area, and the development of their human and material resources.  It was borne out of years of agitation by victims and moral guilt on the part of governments, after many including the Ogoni nine had paid the supreme price.  The bone of contention was the reckless neglect of the goose that laid the golden eggs versus federal governments that earned $32.6 billion (2018) annual revenue from oil and taxes, accounting for about 65% of  the nation’s GDP.
Interpreting the purposes/causes of NDDC has become controversial as that depends on who you ask to interpret it. Recently the detailed interpretation has become more important than how the huge sums budgeted annually have gone to the realisation of the lofty ideals of development of the area. The other arm of the controversy is how evenly has the commission distributed the resources across the area?
To find answers to these numerous issues many different parameters have been applied i.e size of annual budget against the percentage of implementation; Contracts awarded and  awardees; what formula for distribution of palliatives and disbursements?  All these criteria and more could only be appreciated through the framework of accountability and transparency of operations.
The recent forensic audit called for by the presidency perhaps was induced by the need for accountability and transparency.  The Niger Delta Minister, Senator Godswill Akpabio fired the first shot when he dropped the acting managing director, Joy Nunieh.  The allegations and counter allegations are not for discussion here, but it  triggered off serious eye-brows and publicity on NDDC which has operated several years without , audit of such dimension.
CSR is a management creation.  It is human idea of preserving the economy environment and the vulnerable.  The total budget of the commission since its inception in 2000 according to the presidency sources is ‘at least N15 trillion’.  What have the leaders in the commission achieved in those years with that sum?  Are they commensurate with the fund endowed with the institution?  These questions are not only on the lips of the President and his minister, NDDC Committee Members but also on the lips of concerned Nigerians who voted for their leaders to better their lots.
CSR is not perfect just as its human creator.  But it is a device that has become indispensable part of modern economy, wielding power and influence across the globe.  Accountability and transparency are critical to its survival.  Therefore the role of civil society in order to sustain it and avoid crisis is among other things, to ensure that disbursements go to avowed causes/purposes.
Iyke Ozemena Esq

Corporate Attorney/Consultant 
IKECHUKWU O. ODOEMELAM & CO
#corporateleaders
 www.corporateleadersboard.blog.com www.facebook.com/corporateboard amazon.com/iyke ozemena books http://www.amazon.com/dp/B0075RXXLE COMPANY SECRETARIES HANDBOOK http://www.amazon.com/dp/B005783S6S DIRECTORShttp://www.amazon.com/dp/B005MKCESY MEETINGS: Dynamics and Legality

Wednesday, July 1, 2020

Corporate Social Responsibility: FOUNDATION REGISTRATION PROCEDURES

Corporate Social Responsibility: FOUNDATION REGISTRATION PROCEDURES: FOUNDATION REGISTRATION PROCEDURES Registering a foundation starts with the decision of the owner as to what cause(s) to pursue: civil r...

FOUNDATION REGISTRATION PROCEDURES

FOUNDATION REGISTRATION PROCEDURES
Registering a foundation starts with the decision of the owner as to what cause(s) to pursue: civil rights, health, poverty/hunger eradication, education etc. This decision would be part of the description of the foundation in its constitution.
When the Swedish Alfred Nobel formed his ‘’Nobel Peace Foundation’’ he made that firm decision in his will that, never again should the world encourage the development of destructive weapon like dynamite which he invented at the detriment of the accidental death of his son in his laboratory.
So global peace is the cause for which Nobel Foundation was established. We are also aware that a few Africans have qualified for this award, including Nigeria’s Prof. Wole Soyinka.
Another critical decision after cause is whether to go for Incorporated trustees by Guaranty or trustees selected/appointed by the owner.  These should be in the constitution, produced in several copies.  Copies of resolutions extracted from a meeting(s) where such resolutions were passed should be made in several copies.
An example of cause(s) is that of Alhaji Aliko Dangote Foundation which states:  ‘’The Dangote Foundation is dedicated to adding value to people’s lives across Africa by facilitating health, education, and empowerment initiatives.’’  The use of this example is because the causes are many and large, an indication that the resources of the foundation would be very large too. The size of the foundation in terms of cause(s) and resources is determined by the size of the pocket of the owner. Although not necessarily in all cases.
Then the legal processes. You need to collect Incorporation Forms to be completed and signed by the owner and trustees with passport photographs etc.  When in doubt it is recommended that Legal Practitioner should be consulted for these services which can be complex in accordance with s.673 Part C, of the Companies and Allied Matters Act 1990 as amended.

Iyke Ozemena Esq
Corporate Attorney/Consultant 
IKECHUKWU O. ODOEMELAM & CO
#corporateleaders
 www.corporateleadersboard.blog.com www.facebook.com/corporateboard amazon.com/iyke ozemena books http://www.amazon.com/dp/B0075RXXLE COMPANY SECRETARIES HANDBOOK http://www.amazon.com/dp/B005783S6S DIRECTORShttp://www.amazon.com/dp/B005MKCESY MEETINGS: Dynamics and Legality

Saturday, June 13, 2020

Corporate Social Responsibility: THE TASK BEFORE THE THREE NIGERIAN PHARMACEUTICAL ...

Corporate Social Responsibility: THE TASK BEFORE THE THREE NIGERIAN PHARMACEUTICAL ...: THE TASK BEFORE THE THREE NIGERIAN PHARMACEUTICAL COMPANIES As the world awaits the trial and result of the   Covid 19 vaccine produced...

THE TASK BEFORE THE THREE NIGERIAN PHARMACEUTICAL COMPANIES


THE TASK BEFORE THE THREE NIGERIAN PHARMACEUTICAL COMPANIES
As the world awaits the trial and result of the  Covid 19 vaccine produced in China, it is pertinent to acknowledge that similar  efforts are going on around the world laboratories.  These steps are taken at global level to fight Covid19 pandemic.

Corporate Social Responsibility (CSR) is a public service.  It is a critical exercise for a cause and  social positive change.  Its aim is to mitigate and add value continually.  The need for CSR in modern  day commenced in the 50s, especially by industries and corporations which impact society negatively through the processes of manufacturing goods and services.  Since then CSR has become an essential part of management and corporate systems.

The recent outbreak of Covid19 has  intensified the strategy of corporate world to use CSR to tackle the menace in a global manner.  The stampede to be the first organization to produce Covid vaccine is not only about the commercial value, it is also public service which CSR is all about.

Perhaps our long dependence on Western medicine stopped third world countries like Nigeria and other African nations from using their local herbs and medication to fight Covid19 just as Western Pharmaceutical companies have been doing since the outbreak.  The only country that have proved exceptional is Madagascar.

It was Madagascar that woke up the consciousness of  Nigerian Pharmaceutical  and medical experts to think along Madagascar way.  It was Mao Tse Tung’s China that taught the world that agrarian revolution precedes industrial revolution.  This time Covid came through there apparently  to teach the world how to use herbs around their environments to cure ailments, without waiting for Western medical experts  to lead.

The accolade for the herb experiments going on now in Nigeria may have been given to the Presidential Task Force (PTF) on Covid, but in essence it should go partially or wholly to Pharmaceutical Society of Nigeria (PSN) and civil society that campaigned for the trial and use of local herbs.  It would have been a big shame if PTF did not allow these agitators for local solutions to participate in this global research and experiments.

Finally, the task before the three companies  is to show integrity and leadership because there are  more opportunities ahead.
Iyke Ozemena Esq
Corporate Attorney/Consultant   #corporateleaders

IKECHUKWU O. ODOEMELAM & CO,      Legal Practitioners
­­corporateleadersboard.blogspot.com
www.amazon.com/Iyke-Ozemena/e/B0078UY9VQ?ref=dbs...­­­­­­­­­


Tuesday, June 9, 2020

Corporate Social Responsibility: CIVIL SOCIETY GROUPS’ CSR AGAINST COVID19

Corporate Social Responsibility: CIVIL SOCIETY GROUPS’ CSR AGAINST COVID19: CIVIL SOCIETY GROUPS’ CSR AGAINST COVID19 There is no doubt that Covid came with an agenda of tearing the world apart directly thro...

Corporate Social Responsibility: CIVIL SOCIETY GROUPS’ CSR AGAINST COVID19

Corporate Social Responsibility: CIVIL SOCIETY GROUPS’ CSR AGAINST COVID19: CIVIL SOCIETY GROUPS’ CSR AGAINST COVID19 There is no doubt that Covid came with an agenda of tearing the world apart directly thro...

CIVIL SOCIETY GROUPS’ CSR AGAINST COVID19



CIVIL SOCIETY GROUPS’ CSR AGAINST COVID19

There is no doubt that Covid came with an agenda of tearing the world apart directly through the pandemic infection; and indirectly through ancillary induced socio-political and economic maladies.  But we saw a world that was united and daring, battling on all fronts across the globe to stop the spread, if not terminate the dragon.

The first onslaught was the global solidarity demonstrated everywhere to deal with the epidemic irrespective of differences/considerations.  This was the spirit that took philanthropy, as corporate social responsibility to the center stage of the global war.  There seem to be strong signal from this singular act of philanthropy that the world would spare nothing to stop the deadly disease.

Apart from the casualties so far,  the battle has exposed the deficiencies and vulnerability of erstwhile global systems.  Both national, states, districts governments and civil societies  across the globe embraced corporate social responsibility as the best strategy to wrestle down the pandemic.  It paid off, as the world is not only waging the war effectively, also more discoveries continue to be made regarding future global pandemic such as this, as well as global governance in times like this, as well as changing work pattern/environment.

The World Economic Forum just concluded a meeting on how Covid is affecting global food security and societies’ response towards  This critical meeting almost coincided with America’s decision to leave  the World Health Organization (WHO).  Consequently the morale of the global battle lost USA’s financial muscle at a time the world needed it most. However, it remains a paradox that at the time America took the infamous decision, Covid induced protests were going on  across the nation.

Among all the various reasons for acting the way it did, White house insisted that China was not held responsible for recklessness that led them drag the world to the pandemic.  America maintained that China showed poor corporate social responsibility in spite of global commitment towards climate change and environment.

The need for CSR has been acknowledged by governments and non-government organizations; and individuals and groups are aggressively living up to it.  Hence, the Nigeria Bar Association (NBA) is leading among other civil society groups  in th CSR drive: Covid19 Pandemic Relief Fund for taking care of their adversely affected members.

These civil society organizations are either donating or actively organizing through volunteers, rallying support for the distribution of donations and palliatives across Nigeria: HEDA, Women Advocacy Research and Documentation, Centre for Democracy and Development, Help Centre, Civil Society Network Against Corruption, Journalists for Democratic Rights, Peace and Civic Responsibility Centre etc.

To ensure transparency, accountability and purposeful utilization of funds and resources donated to the Presidential Task Force (PTF) on Covid-19 the National Assembly is reportedly scrutinizing the records. However, according to CovidTrack, a website dedicated to the tracking of Covid-19 donations the summary of funds has exceeded N700 m as at May 2020.

Iyke Ozemena Esq   #corporateleaders
Corporate Attorney/Consultant
­­corporateleadersboard.blogspot.com
www.amazon.com/Iyke-Ozemena/e/B0078UY9VQ?ref=dbs...­­­­­­­­­

Monday, May 25, 2020

Corporate Social Responsibility: POST COVID19 ECONOMY WILL DEMAND DECISION, TRAININ...

Corporate Social Responsibility: POST COVID19 ECONOMY WILL DEMAND DECISION, TRAININ...: POST COVID19 ECONOMY WILL DEMAND DECISION, TRAINING, SOLUTIONS FOR RECOVERY Some of the rudimentary issues induced by Covid pande...

POST COVID19 ECONOMY WILL DEMAND DECISION, TRAINING, SOLUTIONS FOR RECOVERY




POST COVID19 ECONOMY WILL DEMAND DECISION, TRAINING, SOLUTIONS FOR RECOVERY

Some of the rudimentary issues induced by Covid pandemic have to be acknowledged in order to appreciate the enormity of economic devastation and havoc that have taken place across the globe.

Perhaps the best starting point is the experience in Wuhan, China where the first case was reported in December 2019.  The panic alone caused a lot of loss of man-hour; then followed by actual attack of thousands if not millions, of workers and families resulting in hospitalization and death of some percentage of victims. There is no doubt that Chinese budget for 2019/2020 was over-stretched.  The projects and all other economic activities expected to take place in that period via budget allocation were obviously short-changed by the sudden outbreak of Covid.

Beyond the financial cost of the global war against the scourge, some of the victims were skilled and expert corporate and private individuals.  Their demise and or incapacitation meant huge losses for the economy.  Training and replacement of them would certainly take a toll on the budget, but first, there must be a firm decision that it is the way forward.

Partial, complete lock-down and curfew were some of the measures applied in tackling the menace.  During these periods no tourism, no economic activities took place, except those essential preserving services.  That meant loss of productive hours for as long as it lasted.  It also meant abandonment of projects, breach of contracts, rusting of facilities and equipment etc.  Needless to analyse these consequences to the logical point of litigation, whether rational or irrational.

Every country as much as Nigeria borrowed a leaf from Chinese experience.  Of course we are aware that the health care sector immediately became the battle field; both the staff and facilities were over-stretched to breaking point.  The personnel became the next wave of attack and spread of the deadly disease.  We may not know the actual cost inflicted on the global economy by covid.

However, what we do know is that the entire global economy was forced to stagnate and consequently driven several steps backwards.  If we extrapolate to every nation these basic economic issues raised by the first case of covid the task of rebuilding the global economy would depend on massive training.

The pandemic was a sudden outbreak and it would be foolhardy to say that global infrastructure and security  architecture were absolutely dependable when the disease broke out. Therefore a new security architecture would become imperative.  The Paris/Copenhagen protocol on climate change and their mitigation provisions remain as helpless as ever.  How can these provisions be enforced? Were they not meant to solve global problems staring us in the face?  Where lies the burden of corporate social responsibility?

It is therefore apparent that post-covid world would expect at national levels the enactment of new legislation.  For instance do you need the declaration of state of emergency under s. 305 of the 1999 Constitution for a complete or partial lock-down by the President or Governor?  If that is the case, what then is the use of executive orders? 

Does the doctrine of force-majeure alone compel governments  and corporate organizations to break the law or implement policies against fundamental human right without any law authorizing that#?

Again the issue of social distancing has produced industrial innovation called ‘working from home’. This innovation seems to have been adopted to be the future of work place.  Presently social distancing has proved difficult to enforce in crowded cities and where you have grass-root  people in markets and social gatherings as well as religious meetings.  It’s been reported quite widely that some religious groups find it difficult to maintain social distance during observance, believing that God would not allow the infection.  What a pity.  Why then is the world searching for vaccines?

With the World Health Organisation (WHO) saying covid has come to stay, the inevitable conclusion are that there must be at least one vaccine/medicine that cures covid.  The world will remain indoors and online, living skeletal jobs outside the home.  More and more people would hate work with a lot of people hating staying at home. But most importantly they would hate covid the root of the problems.  Then the desire for entrepreneurship would expand and grow after the battle against covid is over.

Iyke Ozemena Esq
Corporate Attorney/Consultant   #corporateleaders

IKECHUKWU O. ODOEMELAM & CO,      Legal Practitioners
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