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Jonathan honours 100 top companies Monday

By on November 30, 2014

President Goodluck Jonathan will on Monday, December 1, give special recognition to the top 100 Nigerian businesses that have contributed to making the country the largest economy in Africa.

This will happen at a Presidential dinner, which is scheduled to take place at the Presidential Villa. The dinner is aimed at celebrating investors in the nation’s economic space and encouraging more investment flow.

According to the Chairman of the Business Assessment Committee, Mr. Jim Obazee, who is also the Chief Executive Officer of the Financial Reporting Council of Nigeria, the companies cut across the Nigerian business spectrum.

They are also businesses and companies that are responsible corporate citizens, companies that are generating employment, and doing large volume in billions, among other criteria.

Some of the companies are Exonmobil, Dangote, MTN, Globacom, First Bank, Shoprite, Addax Petroleum, Ibadan and Yola Power Company, Forte Oil, GlaxoSmithKline Consumer Nigeria, Chevron, APM Terminal, Eko Distribution Company, Promasidor, Elephant Group, UAC, Julius Berger, Oriental Energy and Zenith Bank, among others.

The dinner will be preceded with a cocktail which will give the invited captains of industries opportunity to interact with the President and members of his economic team.

The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, had on November 19 announced that the Federal Government had identified 100 companies to be rewarded for contributing to the nation’s economic growth.

Aganga had told journalists in Abuja that the private sector was behind the country’s ranking as number one economy in Africa and one of the top 10 economies in the world.

On Monday, had Obazee unveiled the 100 companies to be awarded.

On how the companies were selected, Obazee had said, “In looking at the top 100 companies, there are international benchmarks as set by the International Integrated Reporting Council.

“There are five of such benchmarks; the first one is to look at the strategic focus of the organisation. You look at the connectivity of information which is the second benchmark.”

 

[Punch]