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Corporate Organisations Must Get Involved in the Fight Against Substance Abuse in Nigeria

By Odunayo Sanya, Executive Director, MTN Foundation
In the shadows of Nigeria’s bustling streets, a silent epidemic rages on, devouring the lives of our youth and shattering the dreams of families. Substance abuse has become a hydra-headed monster, its tentacles spreading everywhere, leaving in its wake a trail of broken lives, shattered hopes, and a nation in peril.

Odunayo Sanya, Executive Secretary, MTN Foundation
The cries of mothers who have lost their children to the grip of addiction, the anguish of fathers who have seen their sons succumb to the allure of drugs, and the despair of communities ravaged by the consequences of substance abuse – these issues echo through the land, a haunting reminder of a crisis that threatens to consume us all.
The statistics are alarming; according to the National Drug Law Enforcement Agency (NDLEA), Nigeria has one of the highest drug use prevalence rates in the world, with over fourteen million people using psychoactive substances. It reveals that 14.3% of Nigerians between age 15 to 64 have used drugs at least once in their lifetime. But behind these numbers lies a more poignant reality – a generation lost to the abyss of addiction, their potential, creativity, and innovation sacrificed on the altar of substance abuse. The Nigerian dream, once full of promise and hope, is fast becoming a nightmare, as the scourge of substance abuse threatens to undermine economic growth.
As we grapple with the challenges of nation-building, substance abuse poses a clear and present danger to our collective future. It is a ticking time bomb, waiting to unleash its full fury on our society, our economy, and our very way of life. And yet, we are sleepwalking into this catastrophe, oblivious to the devastation that awaits us. It is time to wake up, to confront this monster head-on, and to reclaim our nation from the grip of substance abuse. The future of Nigeria depends on it.
The consequences of substance abuse are multifaceted. It affects not only the individual but also their families, communities, and the nation at large. Substance abuse affects the mental and physical health of individuals, leading to increased cases of depression, anxiety, and even suicide. It also affects relationships, leading to family breakdowns, and social isolation. The impact on society is equally devastating, affecting productivity, leading to reduced economic output, and increased healthcare costs. Substance abuse is also linked to increased crime rates, violence, and social unrest.
The economic impact of substance abuse cannot be overstated. It affects productivity, leading to reduced economic output, and increased healthcare costs. Substance abuse also affects the workforce, leading to absenteeism, presenteeism, and reduced employee performance. According to a study by the World Health Organisation (WHO), substance abuse costs Nigeria over N100 billion annually.
As we struggle to rebuild our economy and create opportunities for our youth, substance abuse siphons off precious resources and talent. The billions spent on rehabilitation, healthcare, and law enforcement could be invested in education, infrastructure, and innovation. Instead, these resources have been disbursed to mitigate the damage caused by substance abuse. We owe it to ourselves, our children, and future generations to act decisively against this menace.
Corporate organisations in the country have a vital role to play in supporting the fight against substance abuse. One way to do this is through funding. Substance abuse initiatives require significant financial resources to implement effective prevention, treatment, and support programs.
The MTN Foundation, through its Anti-Substance Abuse Program (ASAP), is already making a significant impact in this area. ASAP is a comprehensive program that aims to reduce the prevalence of substance abuse among young people in Nigeria. By providing funding and resources, MTN Foundation is helping to support rehabilitation centres, counselling services, and public awareness campaigns.
There are alternative ways to support the fight against substance abuse, corporate organisations can lend their expertise to awareness and sensitization campaigns and provide in-kind donations. For example, they can provide venues for community events, expertise in areas of marketing and communications, and printing and distribution services. Additionally, corporate organisations can leverage their networks and influence to raise awareness about the dangers of substance abuse and promote initiatives aimed at preventing it.
At an internal level, corporate organisations should implement workplace policies and programs that prevent and address substance abuse. This can include employee assistance programs, drug testing, and substance abuse education and training. By creating a safe and supportive work environment, corporate organisations can help employees struggling with addiction to seek help and overcome their dependence on drugs.
In the United States, companies like CVS Health and Walmart have taken a stand against drug abuse by implementing programs to prevent opioid overdose and misuse. CVS Health, for example, has launched a program to provide naloxone, a medication that reverses opioid overdose, to patients without a prescription. Walmart, on the other hand, has implemented a system to track and prevent suspicious prescriptions, and provides disposal sites for unused medications.
In Europe, companies like IKEA and H&M are supporting the fight against drug abuse by partnering with organisations that provide treatment and support services. IKEA, for example, has partnered with the Swedish organisation, Länkarna, to provide job training and employment opportunities to people recovering from addiction. H&M has partnered with the UK-based organisation, Addaction, to provide funding and resources for treatment and support services.
Other companies, like Google and Facebook, are using their technology and platforms to support the fight against drug abuse. Google, for example, has launched a program to provide accurate and reliable information on substance abuse and treatment options through its search engine. Facebook has launched a program to provide resources and support services to people struggling with addiction, and partners with organisations to provide funding and expertise to support the fight against drug abuse.
Guinness Nigeria launched the ‘Drink Responsibly’ campaign, aimed at promoting responsible drinking habits and reducing the incidence of substance abuse. The company has also partnered with the Nigerian government and other organisations to support initiatives aimed at preventing and treating substance abuse. For example, Guinness Nigeria has provided funding and resources for the establishment of rehabilitation centres and counselling services for those struggling with addiction. These efforts demonstrate the commitment of Nigerian companies to supporting the fight against drug abuse and promoting a healthier and more responsible society.
The government, through the NDLEA, should encourage the private sector to get more involved in this fight. The agency has already shown commitment to this, even in the partnership with MTN Foundation on the ASAP programme. MTN’s involvement has been substantial, including advocacy walks, stakeholder conferences, and the inclusion of white papers. In 2024, the programme reached 87,000 students and trained 1,440 teachers across Nigeria. More such partnerships are essential because this is a collective fight. There is a need to undertake more of such partnerships because it is everyone’s fight .
As we confront the scourge of substance abuse in Nigeria, it is heartening to see corporate organisations stepping up to the plate. By providing funding, resources, and expertise, companies like MTN and Guinness are helping to stem the tide of addiction and despair that threatens to engulf our youth. But this is not just a moral imperative – it is an economic and social one too. For if we fail to act, we risk losing an entire generation to the abyss of substance abuse, with devastating consequences for our families, communities, and nation.
So let us salute these corporate champions and urge others to follow their lead. Together, we can create a Nigeria where our young people are empowered to reach their full potential, free from the shackles of addiction. A Nigeria where families are not torn apart by substance abuse, and communities are not ravaged by its consequences. It is a future worth fighting for, and one that we can achieve if we work together. The time to act is now – let us join forces to create a brighter, healthier future for ourselves, our children, and our nation.
News
CAC Flags Three Companies, Warns Nigerians

Corporate Affairs Commission (CAC) has warned Nigerians against transacting with three fake Nigerian firms, citing fraudulent incorporation documents and registration numbers not issued by the commission.
According to the CAC, these companies are using fake certificates of incorporation with two different RC numbers each, none of which exist in the commission’s official records.
The affected companies are SPEF Cooperative Society Ltd with RC Numbers 1265884 and 512862, UPIL Staff Cooperative Society Ltd with RC Numbers 1265837 and 553220, and PREM Staff Cooperative Society Ltd with RC Numbers 1265844 and 545901.
The CAC warns that any Nigerian conducting business with these entities does so at their own risk.
“Anyone that transacts any business with the above-mentioned companies does so at their own risk,” the commission warned.
The commission further advised potential partners and investors to verify registration details directly through its official portal before signing contracts or making payments.
Similarly, the CAC, in a bid to enhance its services, introduced an AI-powered business registration platform on July 3, designed to streamline incorporations.
This new system offers instant name reservations, automated business-name suggestions, and same-day registration using a National Identification Number (NIN).
Additionally, the commission plans to review its service fees starting August 1, aiming to make its services more efficient and cost-effective.
News
AfDB to Introduce Systems Reforms to Prioritize Investing in Africa’s Youth

The African Development Bank, in partnership with the International Labour Organization, has launched a transformative system to mainstream youth employment, skills development, and entrepreneurship across its investments.
The approach, called the Youth, Jobs and Skills Marker System, is aligned with the Bank’s latest Ten-Year Strategy, which places Africa’s young people at the center of development efforts to maximize the impact of every dollar invested, turning demographics into a dividend.
The Marker System ensures that Bank projects spanning diverse sectors, such as agriculture, transport, energy, water, and education, systematically incorporate components that enhance youth employability, foster entrepreneurship, and build market-relevant skills.
“The Youth, Jobs and Skills Marker System is about ensuring Africa’s young people have a real say and active role in building sustainable economies and creating jobs – not as passive recipients of youth programs,” said Dr. Beth Dunford, the Bank’s Vice President for Agriculture, Human and Social Development. “This transformation of Bank practices and systems is a step toward making sure our investments have a positive impact on Africa’s young women and men.”
The integrated system has three focus areas:
Youth: Supporting youth-led micro, small, and medium-sized enterprises through targeted investments and operational integration.
Skills: Expanding access to practical, market-driven training and apprenticeships to enhance career prospects.
Jobs: Ensuring Bank-funded projects create sustainable job opportunities, particularly by developing youth skills for employability and the promotion of youth-led businesses in priority value chains.
Each year, around 10 to 12 million young Africans enter the labor market, which offers only three million formal jobs annually. The Bank will prioritize youth entrepreneurship and mobilize private sector partnerships to strengthen industry-oriented skills training as well as job creation over the coming decade.
“[This initiative] is very important because it allows us to significantly contribute to the United Nations Sustainable Development Goal #8 that includes decent work for all,” said Peter van Rooij, Director of Multilateral Partnerships and Development Cooperation at the International Labour Organization. “It also allows the International Labour Organization to influence the Bank’s work, to support their lending that is more geared toward more job creation and better jobs in a sustainable way.”
The Youth, Jobs and Skills Marker System is modeled on the success of the Bank’s Gender Marker System and its online dashboard, which categorize Bank projects based on their contribution to gender equality and women’s empowerment.
Similarly, the new system will feature an online platform enabling Bank staff and consultants to access real-time data for preparing country strategy papers, mid-term reviews, annual reports, project supervision, and reporting on youth-related skills, businesses and jobs outcomes.
The Bank has just launched a pilot version of the Youth, Jobs and Skills Marker System in readiness for the full implementation in 2026. This system will enhance data tracking, improve estimates of youth skills attainment and employment, strengthen labor market information systems, and support policymakers in making evidence-based decisions that drive meaningful change.
The International Labour Organization provided technical support for the system’s development with financial support from the Bank’s Youth Entrepreneurship and Innovation Multi-Donor Trust Fund. The Youth, Jobs and Skills Marker System is the first deliberate action of its kind developed by a development finance institution worldwide.
News
SEC Probes Ponzi Scheme Linked to FF Tiffany

The Securities and Exchange Commission has revealed plans to commence investigation into the activities of an entity operating under FF Tiffany, allegedly running a fraudulent investment scheme that has defrauded citizens.
A statement by the SEC on Tuesday in Abuja said preliminary information revealed that the scheme, which promised investors unusually high and unrealistic returns, had resulted in the loss of several billions of naira.
The SEC said it viewed the activity as a threat to investor confidence and the overall integrity of the financial system.
The commission assured the public that it was working closely with law enforcement agencies and other relevant bodies to bring everyone involved in the unlawful operation to justice.
According to SEC, those found culpable will be prosecuted in accordance with the Investment and Securities Act and regulatory provisions.
SEC reiterated its earlier warnings to the general public to desist from engaging in Ponzi or unregistered investment schemes that promised guaranteed or exaggerated returns.
“These schemes are not registered with the SEC and do not offer investor protection under the law.
“The commission is currently investigating 79 schemes and will make a statement on its findings at the conclusion of the investigation,” the SEC said.
The commission encouraged investors to conduct due diligence and verify the registration status of any investment firm or product by visiting the SEC website or contacting the commission directly through official channels.
SEC said it remained committed to its mandate of protecting investors, ensuring fair practices, and maintaining confidence in Nigeria’s capital market.
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