• Home
  • Top Stories
  • News
    • Photo News
  • Politics
  • Business
  • Crime & Security
  • Sports
  • Intimacy
  • About Us
    • Contact Us
    • Privacy Policy
    • Advert Rate
  • More
    • Opinion
    • Lifestyle & Entertainment
    • Foreign News
    • Health
Facebook Twitter Instagram
Tuesday, October 6
Facebook Twitter Instagram
Prompt News
  • Home
  • Top Stories
      Featured

      2027: Again, Lagos, Kano, Kaduna Lead As INEC Voter Register Hits 110m

      Politics October 6, 2026
      Recent

      2027: Again, Lagos, Kano, Kaduna Lead As INEC Voter Register Hits 110m

      October 6, 2026

      All Is Set for GOCOP 10th Annual Conference in Lagos

      October 5, 2026

      Reps quiz NNPCL, INEC over alleged N802bn financial breaches

      October 5, 2026
    1. News
      1. Photo News
      Featured

      N100bn Audit Queries: FCT council chiefs shun Reps summons again

      News October 6, 2026
      Recent

      N100bn Audit Queries: FCT council chiefs shun Reps summons again

      October 6, 2026

      FG opens 2026 oil licensing round, offers 40 blocks to investors

      October 6, 2026

      2027: INEC deploys AI to detect electoral fraud, deepfakes

      October 6, 2026
    2. Politics
        Featured

        2027: Again, Lagos, Kano, Kaduna Lead As INEC Voter Register Hits 110m

        Politics October 6, 2026
        Recent

        2027: Again, Lagos, Kano, Kaduna Lead As INEC Voter Register Hits 110m

        October 6, 2026

        Zamfara Speaker says 8 defected lawmakers were suspended long ago for gross misconduct

        October 5, 2026

        2027: Tompolo rallies Taraba for Tinubu, donates 25 campaign vehicles

        October 3, 2026
      1. Business
          Featured

          T.Pumpy Unveils Land Prices For Karsana Phase 5

          Business October 3, 2026
          Recent

          T.Pumpy Unveils Land Prices For Karsana Phase 5

          October 3, 2026

          NANS Backs Insurance Sector’s Transformation Agenda, hails NAICOM

          October 1, 2026

          Nigeria @66: Booming Banks, Struggling Nation, Where Is the Promised Prosperity?

          October 1, 2026
        1. Crime & Security
            Featured

            University suspends Pro-Chancellor amid Professorship probe

            Crime & Security October 6, 2026
            Recent

            University suspends Pro-Chancellor amid Professorship probe

            October 6, 2026

            Ekiti court jails woman 14 years for newborn theft, declares her wanted

            October 6, 2026

            Trailer crushes motorcyclist to death in Ondo

            October 6, 2026
          1. Sports
              Featured

              Friendly: Super Eagles Stage Dramatic Comeback to Draw 3-3 with Russia

              Sports October 6, 2026
              Recent

              Friendly: Super Eagles Stage Dramatic Comeback to Draw 3-3 with Russia

              October 6, 2026

              2028 Olympics Qualifier: Super Falcons near full strength as 18 players hit camp

              October 6, 2026

              WAFU B U-17 Tourney: Golden Eaglets coach unveils squad 

              October 6, 2026
            1. Intimacy
            2. About Us
              • Contact Us
              • Privacy Policy
              • Advert Rate
            3. More
              • Opinion
              • Lifestyle & Entertainment
              • Foreign News
              • Health
            Prompt News
            Home » NESG Holds CEOs Roundtable for Food Manufacturing Companies 
            Business

            NESG Holds CEOs Roundtable for Food Manufacturing Companies 

            Prompt NewsBy Prompt NewsDecember 14, 2023Updated:December 14, 2023No Comments4 Mins Read
            Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
            NESG health financing
            Share
            Facebook Twitter LinkedIn Pinterest Email

            By Tony Obiechina, Abuja 

            The Nigerian Economic Summit Group (NESG), held a roundtable for Chief Executive Officers (CEOs) on Industrial Food fortification and Workforce Nutrition with the theme “Profitable Protections: The Business Advantage of Industrial Food Fortification Compliance and Workforce Nutrition.”

            In his welcome remarks, the CEO of Flour Mills Nigeria Plc, Mr Oluboyede Olusanya, who was represented by the Director of Group Strategy and Stakeholders Relations, Mr Sadiq Usman, said that Nigeria has one of the highest rates of malnutrition in the world and it is imperative to acknowledge the stark reality. 

            “Recent data shows that 44% of children under five have chronic, longstanding malnutrition, with 11% diagnosed with acute malnutrition. However, the prevalence of vitamin and mineral or micronutrient deficiencies surpasses these visible manifestations of malnutrition, underscoring a broader and less visible concern,” he stated. 

            Furthermore, Mr Usman noted that the ripple effect of combating malnutrition extends beyond individual health outcomes; it inherently boosts disposable income within our society. This upsurge in purchasing power translates to increased demand for food products, potentially bolstering profit margins for both large-scale industries and smaller enterprises alike, noting the imperatives of availability, affordability, and nutritiousness in the sustenance of workforce nutrition as a solemn and beneficial commitment by the management of Nigerian businesses to their workers.

            While giving the opening remarks, the Country Director of the Global Alliance for Improved Nutrition (GAIN), Dr Michael Ojo, said that the economic rationale for embracing food fortification and workforce nutrition is compelling. He noted that for every dollar invested in fortification, Nigeria gains a return of up to fourteen dollars in reduced healthcare costs and enhanced productivity.

             Furthermore, Dr Ojo noted that the Workforce Nutrition Scorecard, an initiative by GAIN and the Workforce Nutrition Alliance, underscores the importance of nutrition in the workplace and that by addressing malnutrition through initiatives like healthy food availability, nutrition education, and support for breastfeeding mothers, we can significantly improve the productivity and well-being of our workforce. The global working population spends a third of their adult lives at work, and improving access to nutritious meals can profoundly impact health and well-being.

            Furthermore, he stated that evidence suggests that improving workers’ access to nutritious meals impacts individual-level outcomes (e.g., increased job satisfaction, reduced sick days, increased wage earnings) and business-level productivity outcomes including reduced absenteeism and enhanced productivity. 

            In his remarks, Senator Ibrahim Yahaya Oloriegbe said that a lot still needs to be done to make nutritious foods affordable and accessible to people. “Poor nutrition is more than a healthcare concern; it has tremendous, multifaceted economic implications. Poor diet leads to numerous chronic diseases, often resulting in disability and premature death. 

            “This deprives individuals of their health, quality of life, and productive potential, hindering their efforts to work full-time or at all, leading to lower wages. For employers, absenteeism, functional limitations among their employees, and the provision of health insurance pose tremendous costs. 

            “Nationally, the quality and quantity of the labour force determine economic output and government revenues. Simultaneously, demands for government resources increase as people incur more significant healthcare costs and become more dependent on assistance when they cannot work. Consequently, poor nutrition is a growing burden for Nigeria,” he stated

            Facilitator of the NESG Agriculture and Food Security Policy Commission, Ms Gloria Ekpo, while giving an overview of the project, said that deficiencies in one or more micronutrients such as iron, zinc, and vitamin A are widespread in low and middle-income countries. These deficiencies compromise the physical and cognitive capacity of millions of people. She recommended the continuous use of fortified food products and products rich in vitamins and minerals. 

            Nutrient-rich food products enhance the nutritional content of meals, address malnutrition issues within the workforce and showcase the organization’s commitment to improving the health of its employees. Implement periodic nutrition awareness campaigns through various channels and engage professional nutritionists to conduct training sessions. READ ALSO:

            • University suspends Pro-Chancellor amid Professorship probe
            • Ekiti court jails woman 14 years for newborn theft, declares her wanted
            • Trailer crushes motorcyclist to death in Ondo
            • Igbokoda residents recount failed rescue bid after Air Force crash
            • N100bn Audit Queries: FCT council chiefs shun Reps summons again

            During the panel session, Senior Programme Manager, GAIN Dr Oluwatoyin Oyekenu said that government should look to reducing price differentials in fortified products, the digital fortification policy assessment traceability platform where fortification quality data is made available to government and producers in real-time.

             While speaking in the same vein, the founder of the Food Agriculture Nutrition Network (FANN), Dr Olapeju Phorbee, said that malnutrition affects people, but the ultimate impact is reflected in consumers.

             There should be responsiveness to our challenges and compliance at the factory level, but assessments need to go beyond factories. Research institutions should know what happens along the product value chain, regularly evaluate household products and research fortified products.

            manufacturing NESG
            Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
            Previous ArticleGalatasaray Line Up January Bid For Onyedika
            Next Article EU, Germany, AMAC partner to tackle indiscriminate waste disposal in Abuja
            Prompt News

              Related Posts

              T.Pumpy Unveils Land Prices For Karsana Phase 5

              October 3, 2026

              NANS Backs Insurance Sector’s Transformation Agenda, hails NAICOM

              October 1, 2026

              Nigeria @66: Booming Banks, Struggling Nation, Where Is the Promised Prosperity?

              October 1, 2026
              Add A Comment

              Comments are closed.

              Recent Posts
              • University suspends Pro-Chancellor amid Professorship probe
              • Ekiti court jails woman 14 years for newborn theft, declares her wanted
              • Trailer crushes motorcyclist to death in Ondo
              • Igbokoda residents recount failed rescue bid after Air Force crash
              • N100bn Audit Queries: FCT council chiefs shun Reps summons again

              CONTACT INFORMATION

              Prompt News Online is published by PNO Dynamic Media Limited.

              Address: Suite 24, Abebi Plaza, Oluseyi, Sango – Eleyele Road, Ibadan, Oyo State, Nigeria.

              Managing Editor/CEO: Akeem Oyetunji

              Email: promptnewsonline@gmail.com or editor@promptnewsonline.com

              Phone/WhatsApp: +234806 286 2057
              Or 0805 386 6284

              ABUJA OFFICE: 
              Address: Suite D76, EFAB Mall
              Off Gimbya Street, Area 11, Garki, Abuja
              ABUJA BUREAU EDITOR: Harry Awurumibe
              Phone: 0803 302 4300
              Email: harryawurumibe360@gmail.com
              UK OFFICE:
              Address: 34 Skipper Court,
              Abbey Road, IG 11 7GW.
              Barking, London, UK.
              EDITOR EUROPE: Bolaji Oyegunle
              Phone +447878196776
              Email: gb10oyegunle@gmail.com
              © 2026 Prompt News Online. Designed by DeedsTech.
              • About Us
              • Contact Us
              • Advert Rate
              • Privacy Policy

              Type above and press Enter to search. Press Esc to cancel.