• Friday, April 19, 2024
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Pan African Capital Foundation backs Lagos coastal clean-up

Pan-African Capital urges removal of hurdles to trade financing

In a bid to ensure that the Lagos coastal areas are free of plastic waste, which are toxic, PanAfrican Capital Foundation, in conjunction with The Mental and Environmental Development Initiative for Children (MEDIC) led a seven- day plastic waste search and clean up exercise in Victoria Island, Lagos. The exercise created a significant impact with a daily target of 1,000kg plastics over the seven days.

The flag-off ceremony took place in Victoria Island with a keynote address by His Royal Majesty, Oba Abdulwasiu Omogbolahan Lawal, Abisogun II, The Oniru of Iru Kingdom.

Speaking at the flag-off ceremony, Chairman, Advisory Board of PAC Foundation, Osayaba Giwa-Osagie (SAN), in his opening remarks, expressed delight being the official sponsor of the maiden edition of the Lagos State Coastal Plastic Search. “There is an urgent need to clean up our coastal areas, the benefits are enormous and includes preservation of the natural environment, removal of toxic materials from the waterways, proper waste disposal, cleaner oxygen, and prevention of floods”, the Chairman noted. He equally charged the convener – The Mental and Environmental Development Initiative for Children (MEDIC) and other stakeholders that beyond the cleanup exercise, pursuing enlightenment programmes should form the next phase to sustain the successes that will be recorded in the seven days clean up exercise.

Read also: Panafrican Capital Foundation inaugurates advisory board, appoints Osayaba Giwa-osagie, Chairman

Environment forms one of the focus areas of the Foundation and therefore, it was easy for the Foundation to identify with this initiative, Ag. Executive Secretary of the Foundation, Michael Ebbi noted at the flag-off ceremony.

Pan African Capital Foundation is the Corporate Social Responsibility (CSR) expression of Panafrican Capital Holdings, a Proprietary Investment Company in Lagos. The focus areas of the Foundation are Environment, Health, Education and Economic Empowerment.