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    INEC woos CSOs to support in urging National Assembly to conclude Electoral Act amendment

    INEC debunks viral claims linking its Chairman to a partisan “Victory is Sure” post on X

    Nigerian Navy intercepts three stowaways on MSC STELLA vessel near Lagos

    Nigerian Navy intercepts three stowaways on MSC STELLA vessel near Lagos

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    Nigeria, Türkiye seal major defence deals to strengthen national security, operational readiness

    Nigeria, Türkiye seal major defence deals to strengthen national security, operational readiness

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    CREATIVE SECTOR: Strong tech-driven growth

    CREATIVE SECTOR: Strong tech-driven growth

    Deejays disown report of Burna Boy’s music ban

    Deejays disown report of Burna Boy’s music ban

    David Offor, famous actor as Clarus in 1970s New Masquerade tv home series, passes away 

    David Offor, famous actor as Clarus in 1970s New Masquerade tv home series, passes away 

    Spotify streams fetch Nigerian artistes N60b in 2025

    Spotify streams fetch Nigerian artistes N60b in 2025

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

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    NFVCB hails Funke Akindele on box office success of ‘Behind The Scene’

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

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    SSANU expresses concern over delays in concluding renegotiation with FG, plans indefinite strike

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    Shell/NNPC, partners, deliver Geosciences Centre of Excellence at University of Lagos

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    Oyetola commissions NIMASA–UNILAG Institute of Maritime Studies Building, reaffirms commitment to blue economy growth

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    HEALTH: Between ambition and reality

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    Nigeria: FG tasks CBPP on vaccination efforts for total eradication of cattle pneumonia

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    Africa: CDC raises alarm of rising outbreaks of cholera, Mpox, Marburg

    Africa CDC reports 61,000 measles cases, 451 deaths across 19 countries in early 2026

    Shell/NNPC boost respiratory care in Nigeria with donation of key equipment to LUTH

    Shell/NNPC boost respiratory care in Nigeria with donation of key equipment to LUTH

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

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    Tinubu, Gov Adeleke  celebrate Shola Oshunkeye, award-winning journalist and publisher at 70

    Tinubu, Gov Adeleke  celebrate Shola Oshunkeye, award-winning journalist and publisher at 70

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    SERAP urges Tinubu to withdraw NBC’s directive targeting broadcasters

    NiRA blames foreign domains for multi-billion naira capital flight

    NiRA deploys domain extensions to bolster Nigeria’s internet security

    NiRA blames foreign domains for multi-billion naira capital flight

    NiRA blames foreign domains for multi-billion naira capital flight

    Dangote, Pope Leo XIV, Trump, Xi Jinping, others named in TIME 100 Most Influential People for 2026

    Dangote, Pope Leo XIV, Trump, Xi Jinping, others named in TIME 100 Most Influential People for 2026

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    MEDIA: Digital platforms reshaping consumption

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    Nigerian Breweries confirms brewers’ return to profitability in 2025

    Guinness Nigeria credits renewed confidence of investors in long-term prospects for ₦1trn market capitalisation

    Guinness Nigeria credits renewed confidence of investors in long-term prospects for ₦1trn market capitalisation

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    Photo News: Tinubu  inaugurates Opebi-Ojota Link Bridge, Multi-Agency Complex, LAGIS

    Photo News: Tinubu  inaugurates Opebi-Ojota Link Bridge, Multi-Agency Complex, LAGIS

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    UN welcomes Strait of Hormuz reopening amid ceasefire

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    Sudan faces a deeper health crisis after three years of conflict – WHO

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    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

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    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

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    SPORTS: Great leap with high budget

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    CAF appoints Samson Adamu first Nigerian Acting Secretary-General

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    Nigeria: MKO Stadium picked as primary hub for 3rd National Para Games

    Tinubu condoles with family of ex- Super Eagles player Henry Nwosu who died at 62

    Tinubu condoles with family of ex- Super Eagles player Henry Nwosu who died at 62

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    Julius Berger doubles earnings per share, to pay N4.25 final dividend

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    DBI releases Nigeria Digital Economy Outlook 2026

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    INEC woos CSOs to support in urging National Assembly to conclude Electoral Act amendment

    INEC debunks viral claims linking its Chairman to a partisan “Victory is Sure” post on X

    Nigerian Navy intercepts three stowaways on MSC STELLA vessel near Lagos

    Nigerian Navy intercepts three stowaways on MSC STELLA vessel near Lagos

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    Nigeria, Türkiye seal major defence deals to strengthen national security, operational readiness

    Nigeria, Türkiye seal major defence deals to strengthen national security, operational readiness

    Bishop Oyedepo charges Nigerian youth to take responsibility or fail

    Oyedepo declares divine retribution to strike those behind killings, kidnappings across Nigeria within seven days

    BPP dismisses alleged monetisation of Certificates of No Objection

    BPP introduces new procurement policy, targets women, youths

  • Entertainment
    CREATIVE SECTOR: Strong tech-driven growth

    CREATIVE SECTOR: Strong tech-driven growth

    Deejays disown report of Burna Boy’s music ban

    Deejays disown report of Burna Boy’s music ban

    David Offor, famous actor as Clarus in 1970s New Masquerade tv home series, passes away 

    David Offor, famous actor as Clarus in 1970s New Masquerade tv home series, passes away 

    Spotify streams fetch Nigerian artistes N60b in 2025

    Spotify streams fetch Nigerian artistes N60b in 2025

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    NFVCB hails Funke Akindele on box office success of ‘Behind The Scene’

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu salutes Rema, Burna Boy, Shallipopi, others as Nigeria shines at 9th AFRIMA

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    Wike’s PDP faction drags INEC to court, seeks nullification of Ibadan Convention

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    NELFUND Interview: Disburses N116b for students’ fees, upkeeps

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    SSANU expresses concern over delays in concluding renegotiation with FG, plans indefinite strike

    SSANU expresses concern over delays in concluding renegotiation with FG, plans indefinite strike

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    Shell/NNPC, partners, deliver Geosciences Centre of Excellence at University of Lagos

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    Oyetola commissions NIMASA–UNILAG Institute of Maritime Studies Building, reaffirms commitment to blue economy growth

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    HEALTH: Between ambition and reality

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    Nigeria: FG tasks CBPP on vaccination efforts for total eradication of cattle pneumonia

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    Shell/NNPC boost respiratory care in Nigeria with donation of key equipment to LUTH

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    Tinubu, Gov Adeleke  celebrate Shola Oshunkeye, award-winning journalist and publisher at 70

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    NiRA blames foreign domains for multi-billion naira capital flight

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    Dangote, Pope Leo XIV, Trump, Xi Jinping, others named in TIME 100 Most Influential People for 2026

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    MEDIA: Digital platforms reshaping consumption

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    Nigerian Breweries confirms brewers’ return to profitability in 2025

    Nigerian Breweries confirms brewers’ return to profitability in 2025

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    Guinness Nigeria credits renewed confidence of investors in long-term prospects for ₦1trn market capitalisation

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    Photo News: Tinubu  inaugurates Opebi-Ojota Link Bridge, Multi-Agency Complex, LAGIS

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    UN welcomes Strait of Hormuz reopening amid ceasefire

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    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

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    Tinubu condoles with family of ex- Super Eagles player Henry Nwosu who died at 62

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Lockdown Palliatives: Atedo Peterside, others urge govt, Nigeria’s rich to emulate Zinox Group’s strategy to reach needy Nigerians

by Worldstage News
April 16, 2020
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Rich and influential Nigerians as well as state and local governments and Non-Governmental Organizations (NGO) have been urged to borrow a leaf from the strategy deployed by the Zinox Group and Konga to reach and deliver much-needed succour to poor and needy families across Nigeria as the lockdown occasioned by the COVID-19 pandemic bites harder.

This was the view of founder, Stanbic Bank, Atedo Peterside.

Peterside, who doubles as the Chairman, Anap Foundation COVID-19 Think-Tank, made this suggestion when he spoke as a guest on a televised interview on Africa Independent Television (AIT) on Wednesday.

The Rivers-born entrepreneur, who submitted that the country needed to improve some of the approaches it was deploying in fighting the pandemic, affirmed that there are three pillars in the COVID-19 fight: medical, governance and communication.

However, he disclosed that safety nets, deemed as one of the most important seven priority items identified by the Anap Foundation Think-Tank under medical, was an area that a lot more needed to be done.

‘‘Actually, the number of poor people in Nigeria is estimated at 80 million by NBS out of 180 million people. If you want the estimated 80 million poor Nigerians to remain in one place in view of the lockdown, you have to have a plan for them. I am not one to waste my time blaming government. If you do the numbers, we have an estimated 80 million classified and confirmed as being poor, add the next 20. I assume that the next 20 million can feed themselves because they are not poor. It then means that the richest 80 million can feed themselves and can probably also contribute or help to feed the bottom 80 million.

‘‘Even if one person in the top 80 million feeds at least one person in the bottom 80, we have solved the problem and that is without government intervention. A member of the Anap Foundation COVID-19 Think-Tank, Mr. Leo Stan Ekeh, owner of Zinox Group and Konga is going out to feed 7000 families every day for 14 days. This is to show you that the rich people can help the government solve the problem. So, we want more examples like Leo Stan Ekeh,’’ he counselled.

Continuing, the renowned investment banker said: ‘‘What we don’t want is rich people constantly being distracted. Instead of coming to join people like Leo Stan Ekeh to feed the poor, suddenly somebody dangles that there is some money at Central Bank, the same rich people will leave the task of feeding the poor, get distracted and begin to chase or apply for loans for the future. Can we just leave all that and focus first on the problem of the poor? Believe me, if we don’t solve that problem, the poor will infect the rich and we will all die.

‘‘The total number of poor people in Nigeria, using official NBS estimates, is 80 million. The 2.6m households being catered for by the Federal Government does not cover the 80 million people. So, if the Federal Government is trying to look after 2.6m households out of them, I am saying the richer Nigerians, state governments, LGAs, NGOs must now join to look after all of the 80 million poor people.

‘‘I am not saying Federal Government. Leo Stan Ekeh does not work for the Federal Government. President Buhari did not stop the rich people from trying to feed the poor. Let the rich people get up. Every state in this Federation has very rich people,’’ he declared.

Also toeing the line of thought espoused by Peterside, Dr.MutairuAdemu, an economist, commended the strategy deployed by the Zinox Group in feeding the poor through its staff across the country; even as he noted that such gestures ought to be rewarded by the government.

‘‘It is a very ingenious strategy, one that is guaranteed to reach the poor and actual needy people. Well, I am not surprised because I have followed the innovativeness of this Group for nearly 20 years. This excellent strategy solves the problem of politics and tribe. This is because executing such initiatives through politicians will bring an unavoidable level of partisanship into it. Some politicians will use the palliatives to reward their loyal supporters and party stalwarts, thereby leaving people from other parties in the dust. In states where a particular political party is in charge, people from other parties will not be catered for; forgetting that those people from other political parties are also needy Nigerians and citizens of the state. So, this approach by the Zinox Group solves that. Also, with respect to the issue of tribe which will manifest in some people getting a larger share than others, the Zinox Group strategy of using staff to distribute the palliatives also resolves this.

‘‘This is why I urge other Nigerian corporate billionaires who preferred to rush to donate money to the government to consider borrowing a leaf from the approach of the Zinox Group and Konga which is guaranteed to reach the last mile. After all, there is no Nigerian worker that holds down full employment in two organizations at the same time. So, imagine other Nigerian billionaires and corporate organizations including the banks using their staff in various branches across Nigeria to feed the poor around them. We would have achieved so much in reaching the poorest of the poor.

‘‘All it costs the government in encouraging or rewarding this intervention would be some tax rebates or holidays which will not cost the government much. In fact, I suggest the government consult people like Leo Stan Ekeh more, especially on important public policy and economic-related issues. In fact, rather than being hostile to these entrepreneurs and frustrating them with double taxation, the government should rely on them more for necessary assistance; especially considering how they rallied round the government in supporting needy Nigerians in this emergency,’’ he said.

Meanwhile, the distribution of the palliatives by staff of the Zinox Group and Konga has kicked off, with beneficiaries already starting to receive the essential items being donated across the country.

This was confirmed by Group Head, Corporate Communications, Gideon Ayogu.

‘‘Distribution of the essential food items – which include medium bags of rice, tomato paste and cooking oil – has commenced. We were able to leverage on the delivery capabilities of Konga to get the items across to staff in various parts of the country. By the end of this week, we expect the overwhelming majority of the beneficiaries to have received their items. Also, evidence of these donations by our staff will be rigorously verified by the audit team created especially for this purpose in order to ensure that the intended beneficiaries actually benefit,’’ he revealed.

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