Corporate Social Responsibility:
THE GLOBAL BATTLE AGAINST COVID19: NIGERIAN SECTO...: THE GLOBAL BATTLE AGAINST COVID19: NIGERIAN SECTOR At the time of this blog posting the Covid19 global updates stood as follows: case...
Sunday, April 5, 2020
THE GLOBAL BATTLE AGAINST COVID19: NIGERIAN SECTOR
At the time of this
blog posting the Covid19 global updates stood as follows: cases: cases 1.2
million, deaths 65,832. This figure includes a young doctor in the
front line of this battle to stop the deadly corona virus.
Philippine Heart
Association on 3rd April, 2020 declared the claim of a young doctor’s life
by Covid19 "while fulfilling his duties as a doctor." The agency
further stated: "It is a sad day for the whole association as we have lost
one of our own in the fight against COVID. He is a casualty of this war".
In Nigeria the battle
is as fierce as you can imagine with the virus toll hitting 210 cases with 2
deaths. As those in front line, medical staff and support workers toil day and
night to stop the bull, more humanitarian individuals and institutions have
risen to the occasion with financial and resource contributions.
United Nations donated
medical equipment worth £U80,000.
World Health
Organisation (WHO) has committed to the battle against Covid19 by the
deployment of staff and donation of laboratory supplies in the pursuit of the
institutions corporate social responsibility. So says its country
representative, Dr Clement Lugala Peter.
Germany donated £U5.5
for the battle against the scourge.
Others include:
United Bank for Africa
(UBA), Africa's Global Bank has donated N5 bn.
African Research
Company, 54 Gene launched Testing Support Fund with $150,000.
Jack Ma, Chinese
billionaire fought the virus with a donation of 20,000 testing kits, 10,000
protective suits.
Dangote Foundation
owned by a philantropist/industrialist and global business guru Alhaji
Aliko Dangote donated N200 m for the fight against the virus.
BUA group of companies
donated N1.3 bn as contribution towards fight against corona virus.
Dr Mike Adenuga of
Globacom gave N1.5 bn to stop the disease.
Bola Tinubu sponsored
the battle with N200 m.
Femi Otedola,
industrialist pledged N1 bn in a show of global solidarity against the virus.
Folorunsho Alakija,
oil magnate made a donation of N1 bn to smash the scourge.
Deji Adeleke, business
tycoon father of music legend Davido donated N500 m towards waging battle
against Covid19.
Niger Delta
Development Commission, (NDDC) had announced donation of N1 bn to
the 9 states benefiting from the commission.
Nigerian National
Petroleum Corporation (NNPC) has announced the donation of 2
isolation centers and 5 ambulances to eradicate the deadly
disease.
Lagos state being a
critical sector has perfected plans with group of insurance
companies to cover the lives of medical and front-line staff.
Our legislators, 109
senators as well as 43 ministers have indicated their preparedness to forgo
half of their March salaries in their efforts towards the combat.
Covid19.ncdc.gov.ng
free toll 080097000010
The gestures of these
individuals and corporate institutions acknowledges the importance of corporate
social responsibility, even in the austere time like this. We identify with
these efforts and shall endeavor to keep updates as much as we can.
Meanwhile a word for
donors. Crowd/public funding has a common
challenge everywhere in the world: abuse. Therefore donors are
advised to ensure that funds are focused on PURPOSE for which
they are donated.
Iyke Ozemena Esq
Corporate Attorney/Consultant
IKECHUKWU O. ODOEMELAM & CO
#corporateleaders You can find more
resources from Iyke Ozemena's books at: 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
Sunday, March 22, 2020
Corporate Social Responsibility: CLEANING UP THE AUGEAN STABLE: GLOBAL COMMUNITY ...
Corporate Social Responsibility: CLEANING UP THE AUGEAN STABLE: GLOBAL COMMUNITY ...: CLEANING UP THE AUGEAN STABLE: GLOBAL COMMUNITY V. CHINA While 2019 ended on a sad note of the outbreak of Corona virus aka CODIV1...
CLEANING UP THE AUGEAN STABLE: GLOBAL COMMUNITY V. CHINA
CLEANING UP THE AUGEAN STABLE: GLOBAL COMMUNITY V. CHINA
While 2019 ended on a sad note of the outbreak of Corona
virus aka CODIV19, unfortunately 2020
did not only commence with the evil
disease but inherited the deadly virus
with its globally
ravaging consequences. The statistics of casualty stands as
follows: 190 countries/territories have
been affected with a total of 340,829 cases resulting in 14,582 deaths,
still counting.
Nigeria is one of the
affected countries. The Health Minister, Dr Osagie Enahire in his media
broadcast
on 29th March, 2020 painted a picture of a safe country with 25
cases, though no death yet.
Perhaps it is not yet time to apportion blames,
that is why US President Donal Trump was halted
when he reportedly referred to
the disease as ‘Chinese virus’. It’s
probably provocative, says China
but where is it coming from?
China is one of the 55 countries that signed the Paris
protocol on Climate change in 2015 and these
nations represented about 55% of
countries responsible for global greenhouse gas emission. That’s
the proportion of contribution
to possible global health crisis, like CODIV19.
By paragraph 6.2 and
6.3 of the Agreement, signatories are bound by
International Transfer of Mitigation Outcomes
(ITMO) obligations.
Besides China is also a member of global community. The global community has collective
responsibility to keep the world safe for human habitation, hence climate
change with negative
consequences had induced serious concerns for mitigation.
Perhaps the starting point would be for
corporate China to acknowledge its corporate
social responsibility, then failure to observe same
leading to the outbreak of the virus would be
the bone of contention.
The response corporate institutions across the globe
indicates some acknowledgement of corporate
social responsibility, For example Microsoft, Starbuck , Google,
Amazon etc are now leading other
companies in the clean up of the aftermath of
the deadly virus. Some of the practices of these
corporate institutions include
employee protection, Corona committees, conducting tests,
sanitisation, medication etc.
One of the measures taken at global level include stay at
home policy where schools, corporate
institutions, government office shut down,
while operating from home and
online. Is the global
economy receiving
deadly blows from both ends?
We are in danger of impending inflation, economic meltdown and crisis if
global community fails to
tackle the menace efficiently and effectively. It’s after
the virus had been halted that the issue of
corporate social responsibility
would be dissected between the global community and China.
Iyke Ozemena Esq
Corporate Attorney/Consultant
IKECHUKWU O. ODOEMELAM & CO
You can find
more resources from Iyke Ozemena's books at:
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
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
Sunday, February 16, 2020
Corporate Social Responsibility: DIRECTORS' DUTIES & ENFORCEMENT
Corporate Social Responsibility: DIRECTORS' DUTIES & ENFORCEMENT: "DIRECTORS' DUTIES & ENFORCEMENT" “The proper governance of companies would become as important to the economy as th...
Wednesday, February 5, 2020
Corporate Social Responsibility: CONSTITUENCY OFFICE/PROJECTS AS CORPORATE SOCIAL R...
Corporate Social Responsibility: CONSTITUENCY OFFICE/PROJECTS AS CORPORATE SOCIAL R...: CONSTITUENCY OFFICE/PROJECTS AS CORPORATE SOCIAL RESPONSIBILITY Society is dynamic due to the inevitability of human progress. Centur...
Monday, February 3, 2020
CONSTITUENCY OFFICE/PROJECTS AS CORPORATE SOCIAL RESPONSIBILITY
CONSTITUENCY
OFFICE/PROJECTS AS CORPORATE SOCIAL RESPONSIBILITY
Society
is dynamic due to the inevitability of human progress. Centuries ago man lived in caves, but now in
skyscrapers. Human development arose
from man’s quest to overcome common environmental challenges. These concerns and attempts to conquer and
dominate his environment has in the course of time become habitual,
conventional and rules that are now
binding not only on humans but also on various traditional, statutory and private
corporate institutions.
There was
a time, using the early Greek model government was a symbol of representation
of the people. Today modern government is composed of three arms: executive,
legislature and the judiciary. Although
they work in unison for the security and welfare of the people, members of the three
arms act according to the provisions of the constitution.
The
legislators use constituency office/projects to enhance thorough and quality
representation due to the diverse nature, culture, language and geographical
terrain of the people. And this appears logical because legislators are
composed of various people’s representatives. They answer questions as to the
security and welfare of their
constituents and direct government attention to their plights.
Since it
is safe to say that government is responsible for developments in all constituencies,
these days no legislator can ignore the engagement of citizens, creating of
employment and other development activities in his/her constituency as a way of
corporate social responsibility. There
may be no constitutional provision of sanction but guess what, there would be unexplainable
moral burden on any legislator, his/her sponsors/parties that fail this corporate
social responsibility activities.
No doubt
constituency office/projects as corporate social responsibility possesses
valuable right convertible to votes.
Iyke Ozemena
Esq
Corporate
Attorney/Consultant
IKECHUKWU
O. ODOEMELAM & CO
You
can find more resources from Iyke Ozemena's books at:
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
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
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