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
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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...­­­­­­­­­