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LG Electronics, Fouani Renovate School Building, Equip School with Solar Energy in Lagos
LG Electronics Nigeria, in partnership with consumer electronics retailer, Fouani Nigeria Limited has partnered to renovate and equip the United Christian Junior Secondary School building in Apapa, Apapa Local Government Area, Lagos State.
This joint effort will help to improve educational standards at the school by providing students with a modern, safe, and comfortable learning environment.
Speaking at the ribbon-cutting and commissioning ceremony held at the school premises, which brought together partner of LG Electronics, Fouani Nigeria Limited, representative of Lagos District IV Tutor-General/Permanent Secretary (TGPS), the school principals, Vice Principal Administration and Academics, Parents Forum Association of the School, students and members of the community, and Managing Director, LG Electronics West Africa Operations, Mr. D.Y. Kim noted that the renovation of the school is part of the firm’s commitment to quality education.
The organization, according to him, has embarked on multiple CSR initiatives and has in the past eleven years honed its yearly CSR strategy around socio-economic development, particularly equipping the health sector; capacity building and holistic education interventions across all levels, including young professionals; and general philanthropy where most needed.
He urged the students and management of the school to make good use of the facilities and guard them jealously so that they will serve the purpose for which they are provided.
“The youths are the future, and today’s youths are the first generation of those born and raised in a fully digital age. They are also key contributors to creating social value in the future, and for this reason, we need to really consider how we can provide these young talents with a growth-enabling environment and practical opportunities so that they can gain knowledge, improve their employment skills, broaden their horizons, and realize their value”.
He disclosed that the organization would be committed to helping nurture the future of the children by constantly sending professionals that would hold classes to educate them and motivate them towards an impactful future.
Also at the ceremony is Mr. Mohamed Fouani, the Managing Director, Fouani Nigeria Limited, said the school, which he said had been in existence before the organization started operating in the environment, deserves to benefit from the operation of the Consumer Electronics firm, which majors in Electronics—Home Entertainment and Home Appliances.
Stressing that the renovation was a priority for the company, he pledged that the company would do more and continue its quest across other aspects of the school.
Fouani said the inspiration behind the project is aimed at providing a conducive learning environment for schoolchildren, who are the future leaders.
“We are giving back to society. Most of us who are partners with the firm now obviously went to public schools, and then things turned around. Now everybody wants to go to a private school, and we just thought that it was important to put ourselves back where we came from.
Mr. Olumide Badmus, the principal of United Christian Junior Secondary School, who was full of excitement while responding, thanked the management of LG Electronics and Fouani Nigeria Limited for the gesture.
Mrs. Abosede Ajayi, the Director, Education Management Information Service, representing the Tutor General/Permanent Secretary Education District IV, noted that the gesture was one that will spur the students to be more dedicated to their learning, stressing that an investment in education is securing a better future for not only the benefiting individuals but for the country at large.
She promised LG Electronics and Fouani Nigeria Limited that the classrooms would be efficiently maximized
In his vote of thanks, the principal of the school, Mr. Olumide Badmus, said that he was delighted by the gesture done during his time.
“Out of the six schools in Apapa Local Council Development Area, this school was chosen to do this CSR project. I can boldly say that our school can now be put on par with most Lagos Model Schools; the students are better motivated and feel more comfortable”.
LG Electronics, in partnership with Fouani Nigeria Limited, renovated the school by restoring light to the classrooms, adding doors and modern windows, painting the school, rehabilitating the basketball court, making new seats for the classes, installing solar power, planting green plants, and equipping the home economics lab with products.
This renovation and equipping of the school building will help the students to receive a better-quality education and improve their learning experience. LG Electronics and Fouani Nigeria Limited are proud to be part of this important initiative and look forward to further developing the school’s infrastructure and educational resources.
For a business to remain strong and relevant, experts have urged entrepreneurs to engage in solving problems in the Micro, Small, Medium Enterprises (MSMEs) space and build strong partnerships.
The experts stated at the United Bank for Africa (UBA) Business Series with the theme, “Stronger Together: Building Powerful Business Partnerships for Progress.”
Four seasoned business owners including: Beauty Entrepreneur, Dabota Lawson; Real Estate Mogul and Entrepreneur, Wale Ayilara; Journalist and TV producer Peace Hyde and Fashion Entrepreneur, Mai Atafo, encouraged participants to solve problems, invent in products & service and, create value to remain stronger in business and thrive amid competitive business environment.
Ayilara expressed that an entrepreneur must be able to solve problems and build a strong partnership in order to remain relevant in a challenging business environment.
He stressed further that there are a lot of business opportunities in Nigeria and questioned where consumers money is directed into.
Lawson said the inability to find a suitable sensitive skincare that matches her skin tone forced her to start her company.
On her part, Hyde stated that she ventures into media on the backdrop of telling Africa’s stories to international audiences.
Atafo said passion made him venture into fashion, maintaining that being an entrepreneur in Nigeria is tough work.
Speaking earlier, UBA’s Group Head, Retail and Digital Banking, Shamsideen Fashola, highlighted the critical role of partnerships in today’s dynamic business environment.
“In an increasingly interconnected world, the power of collaboration cannot be overstated. At UBA, we recognise that collaboration is the cornerstone of sustainable business success.
“The ‘Stronger Together’ Business Series is designed to inspire entrepreneurs and corporate leaders to forge meaningful alliances that drive progress, unlock opportunities, and contribute to Africa’s economic transformation,” Shamsideen said.
Nigeria’s leading commercial bank, First Bank of Nigeria, has joined forces with Mighty Media Plus Network Limited for the maiden edition of the QEDNG Creative Powerhouse Summit.
Also supporting the event are Nigeria LNG (NLNG) and Shell Nigeria, two major players in the country’s energy and development sectors.
Chief Executive Officer of Mighty Media Plus Network Limited, Olumide Iyanda, announced the partnerships in a statement on Monday.
Mr Iyanda described FirstBank’s involvement as a strong statement of the bank’s belief in the power of Nigeria’s creative sector.
“FirstBank’s support is a reaffirmation of its long-standing commitment to promoting the creative economy,” he said. “Through First@arts, the bank has become a reliable partner to talents, institutions, and organisations working to grow Nigeria’s cultural assets.”
First@arts is FirstBank’s platform for supporting the arts. It provides financing, advisory services, and exposure for creatives across the value chain. The bank has backed major cultural events and partnered with institutions such as British Council, Duke of Shomolu Productions, Live Theatre Lagos, Freedom Park and Terra Kulture.
Among the projects FirstBank has supported are The Headies Awards, Lagos International Theatre Festival, The Oxymoron of Kenny Blaq, Kurunmi, Eni Ogun, and Oke Langbodo.
Iyanda also praised NLNG for its role in promoting excellence in literature and science through The Nigeria Prize for Literature, The Nigeria Prize for Science, and The Nigeria Prize for Literary Criticism.
“NLNG has shown leadership by rewarding creativity and innovation in ways that impact both the literary and scientific communities,” he said.
The prizes, worth up to USD100,000, are among the most prestigious on the continent. They celebrate Nigerian authors, critics, and scientists whose work makes a real difference.
Shell’s support for the summit reflects its ongoing commitment to education and social development. The company focuses on sustainable, community-driven educational projects, ranging from scholarships to infrastructure development and ICT donations.
“Shell’s belief in education as a foundation for long-term progress aligns with our vision for the summit,” Iyanda added.
He further noted that more sponsors will be unveiled in the coming weeks.
The QEDNG Creative Powerhouse Summit, themed “Financing as Catalyst for a Thriving Creative Economy,” will take place on Tuesday, August 12, 2025, at 10:00 a.m. The venue is the prestigious Radisson Blu Hotel, Isaac John Street, Ikeja GRA, Lagos.
The summit will bring together creatives, investors, policymakers, and business leaders to explore solutions to the funding challenges facing Nigeria’s creative industries.
Economic and Financial Crimes Commission (EFCC) has strongly denied allegations of lack of integrity and transparency directed at its chairman, Ola Olukoyede, by columnist Steve Osuji.
In a statement issued by Dele Oyewale, spokesperson, EFCC. the commission described the claims as “worrisome and unjustifiable,” particularly criticizing the personal attacks on Olukoyede.
“More worrisome was his attack on Olukoyede for no justifiable reason. Allegations of lack of transparency, accountability and integrity deficit are wild and clearly off the mark,” Oyewale said.
He questioned the basis for the allegations and defended Olukoyede’s leadership since taking office.
“The question is: in what way has Olukoyede fallen short? Is it by insisting that the right things should always be done? By moving the nation’s anti-graft war forward radically and unprecedentedly?
“By bringing forth a preventive framework to tackle corruption and reaping bountiful gains for the nation?
“By recovering the globally-acclaimed 753 duplexes and other apartments, which are proceeds of fraudulent dealings for the nation?
“By launching the EFCC into a global map of accomplished anti-graft agencies? By handling 50,000 case files in one year?
“By embarking on a courageous internal cleansing system and other progressive initiatives to deepen and strengthen the anti-corruption fight?
“It is cowardly and uncharitable for any columnist to hide under vague and opaque cover to splash mud on Ola Olukoyede, arguably one of the finest breed of anti-graft czars around the world.”
Olukoyede, through the statement, reaffirmed that the EFCC has consistently submitted its annual reports to the National Assembly as required by law.
“Equally preposterous are claims of re-looting of assets by officers of the Commission. For the purpose of clarification, the Commission does not recover monetary assets into its covers and the non-monetary assets that are recovered are disposed of following clear pronouncements by court and proceeds paid into the Confiscated and Forfeited Properties Account account in the Central Bank in line with provisions of the Proceeds of Crime (Recovery and Management) Act, 2022.
“The EFCC does not operate in secrecy. All its operations are regularly communicated to the public, including public auction of assets. To deliberately cast the Commission in the mould of fraudulent engagements or criminality is not only mischievous but also untenable,” the statement concluded.
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