Fouani Nigeria Limited – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Thu, 30 Jan 2025 15:52:13 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Fouani Nigeria Limited – Tech | Business | Economy https://techeconomy.ng 32 32 LG Electronics Fulfils Commitment to Sustainability by Providing Clean Water to Ayeye Community in Oyo https://techeconomy.ng/lg-electronics-fulfils-commitment-to-sustainability-by-providing-clean-water-to-ayeye-community-in-oyo/ https://techeconomy.ng/lg-electronics-fulfils-commitment-to-sustainability-by-providing-clean-water-to-ayeye-community-in-oyo/#respond Thu, 30 Jan 2025 15:52:13 +0000 https://techeconomy.ng/?p=152200 LG Electronics, the renowned eco-friendly electronics manufacturing giant, has once again delivered on its commitment to provide life-changing access to clean water for communities in Nigeria facing critical water scarcity.

In a heartwarming gesture of compassion and solidarity, LG donated its 8th solar-powered borehole to the resilient people of Ayeye Community in Ibadan, Oyo State.

This act of benevolence not only quenches the immediate thirst of the community but also symbolizes a beacon of hope, empowerment, and sustainability for generations to come.

The people of Ayeye Community greeted LG Electronics’ generous donation with overwhelming joy, their chants of gratitude echoing through the air. Rear Admiral Lateef Akintola (retired), Mogaji of the Balogun Ibikunle family, spoke on behalf of his family and the community, expressing deep appreciation for LG’s remarkable gesture.

“We are profoundly grateful for this thoughtful act by LG Electronics. While many companies operate in Oyo State, few have stepped up to make such a significant impact in our communities. LG’s commitment to providing constant access to clean water through solar energy is not just a gift; it’s a lifeline for us. This initiative not only addresses our immediate needs but also sets a powerful example of corporate social responsibility and support for sustainable development in Nigeria.”

In response, the Corporate Marketing Manager at LG Electronics, Mr. Paul Mba, reiterated that;

“Access to clean water is a fundamental right that should be available to everyone, and we are proud to take this step towards making that a reality for everyone in Nigeria as much as we can. “

“At LG, we are committed to leveraging our innovations to create sustainable solutions that positively impact communities. “The solar-powered borehole will not only provide clean drinking water but also reduce the burden on the residents, especially women and children, who traditionally spend hours collecting water. This initiative aligns with LG Electronics’ ongoing commitment to corporate social responsibility and environmental sustainability, showcasing the company’s dedication to making a meaningful difference in the communities it serves. Mba added

Dr. Wasiu Ajani Olatunbosun, the commissioner for Culture and Tourism, who conversed about the urgent need for a borehole in the second community in Ibadan after the installation of the first borehole in the Agba-Akin Community, commended LG Electronics for their unwavering dedication to bringing joy to the residents, emphasizing the crucial importance of continued corporate support.

“We express our deepest gratitude to LG for promptly answering our call once more for assistance. As advocates for our people, we appreciate and actively support genuine efforts from individuals and corporations like LG who share our commitment to uplift our community.”

This message underscores the essential role of collaborative efforts in enhancing the well-being of the people of Oyo State.

Ayeye Community Ibadan and LG Electronics
L-r: Commissioner for Culture and Tourism, Dr. Wasiu Ajani Olatunbosun, Mogaji of the Balogun Ibikunle family, Ayeye, Rear Admiral Lateef Akintola (retired), General Manager Media Entertainment Solutions, LG Electronics, Choongbae Seok, Ibadan Branch Manager, Fouani Nigeria Limited, Mr. Jad Atwin at the official commissioning of the Solar-powered Borehole donated to Ayeye Community area of Ibadan, Oyo state.

“This initiative is not just about providing clean water; it’s about fostering a sense of community and ensuring that our citizens have access to essential resources. I commend LG Electronics for their generous contribution and commitment to the development of our community,” he said.

Fouani Nigeria Limited has been a strong partner with LG Electronics on this nationwide project. The Ibadan Branch Manager, Mr. Jad Atwi, emphasized the importance of collaboration.

“This borehole is a testament to what can be achieved when organizations come together for a common cause. We are thrilled to partner with LG Electronics in improving the lives of the Ayeye community and look forward to future initiatives that promote sustainability and community welfare.”

As LG Electronics continues its mission to foster sustainable climate appreciation and improve the quality of life for Nigerians, the company reaffirms its commitment to making a difference. With a vision encapsulated in their slogan, “Life’s Good,” LG promises to keep driving initiatives that enhance well-being and sustainability across the nation.

The solar-powered borehole in Ayeye is another testament to many more projects aimed at enriching lives and creating a better future for all.

Amongst the dignitaries that graced the commissioning were, Hon. Alh. Rahman Olanrewaju Adepoju, Executive Chairman of Ibadan North West Local Government; Hon. Pantola Kazeem, Chief of Staff, Ibadan North West Local Government; Mogaji Moshood Akere, Mogaji Akere Compound, Oritamerin, Ibadan; Chief Aliyu Ajewole, Aare Atunluse of Ibadan Land & President General,  Centre Council of Ibadan Indigenes (CCII); Rear Admiral Egbedina, Chairman RANAO, Oyo State, Colonel Lasisi; Gbogbo Mogaji Oke Ibikunle, Monday Johnson, WASH Specialist, UNICEF Lagos Field Officer;  Olayiwola S.K, Director Water Supply OYORUWASSA, UNICEF; Dr. Ayoola A.M. Permanent Secretary,  Ministry of Culture and Tourism Ibadan; all directors from the Ministry of Culture and Tourism, and Choongbae Seok, General Manager Media Entertainment Solutions, LG Electronics.

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Hisense Opens Abuja Mall, its first in West Africa https://techeconomy.ng/hisense-opens-abuja-mall-its-first-in-west-africa/ https://techeconomy.ng/hisense-opens-abuja-mall-its-first-in-west-africa/#respond Sun, 15 Dec 2024 13:05:25 +0000 https://techeconomy.ng/?p=149599 Hisense, a global leader in consumer electronics and home appliances, has officially opened its new brand store in Abuja, the first in West Africa, Techeconomy can report.

Located opposite Wadata Plaza by Michael Okpara Street, Zone 5, Wuse, Abuja, Hisense commissioned the store in partnership with Fouani Nigeria Limited, its strategic partner and official distributor in Nigeria.

Hisense Abuja Mall
Hisense Abuja Mall

This launch highlights Hisense’s commitment to enhancing its presence in Nigeria, a key market in West Africa, and delivering advanced, consumer-centric innovations to meet the region’s evolving needs.

The new brand store, in its strategic location, marks a significant step in bringing the brand’s innovative products—featuring the latest technology and AI-powered solutions—closer to consumers in Abuja.

The opening
Ifeanyi Ezeuko, chairman of the occasion, flagged by his wife Sheila Ezeuko, general counsel & company secretary Re Insurance to the left, and Mustapha, Abuja, branch manager Fouani Group, at the opening of the Hisense Mall in Abuja

The store offers an extensive range of Hisense products, including innovative smart home appliances, premium televisions, refrigerators, washing machines, and air conditioners.

The brand store opening event on December 13 was held in the presence of the senior management from Hisense and Fouani Nigeria Limited, and other distinguished guests from the press.

This milestone symbolizes a shared vision to offer local consumers the opportunity to elevate their homes with cutting-edge technology and state-of-the-art appliances.

Hisense Abuja Mall cutting of cake
Cutting of the cake to celebrate the opening of the mall in Abuja

Commenting on the new store opening, Mostapha Khrains, marketing manager for Hisense, Abuja, said:

“Today is a remarkable day for us. We are glad to announce the opening of the first Hisense flagship mall in West Africa not only in Nigeria, bringing the latest technology displayed closer to the community, and to make it possible for the community to know and bring the services closer to the people. We have the most services after sale.

He said that Hisense has lots of [electronics] technology varieties such as television, washing machine, microwave, fridges and always ahead of other companies.

“We are the most affordable brand in Nigeria and we can boast about it also”, he said.

Mr. Khrains said the company (Hisense) has been able to create about thousands of jobs for Nigerians ranging from factory, marketing staff and drivers across the country.

This opening marks a significant step in Hisense’s broader regional growth strategy, including key milestones such as establishing an R&D center in Dubai, a factory in Egypt, and partnerships with globally renowned sports organizations.

Hisense has cemented its reputation as a leader in the technology and sports sectors by becoming the first Official Partner of the FIFA Club World Cup 2025, renewing its sponsorship of UEFA Euro 2024, and maintaining a strategic alliance with Real Madrid.

Hisense Abuja Mall
Hisense Officials and partners at the opening of the Abuja Mall

These efforts emphasize Hisense’s vision to connect with consumers through impactful global initiatives and innovations that resonate with diverse audiences.

As the official distributor of Hisense in Nigeria, Fouani reiterates its commitment to the economy and community by bringing state-of-the-art brands, products and solutions.

Through its new brand shop in Abuja, Hisense invites visitors to discover the latest technological advancements and experience a world of smarter, connected living.

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LG Electronics honors Partners at First Dinner and Award Night https://techeconomy.ng/lg-electronics-honors-partners-at-first-dinner-and-award-night/ https://techeconomy.ng/lg-electronics-honors-partners-at-first-dinner-and-award-night/#comments Fri, 30 Dec 2022 03:24:34 +0000 https://techeconomy.ng/?p=92400 Appreciates Partners for Patronage and Commitment to LG HVAC Business

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LG Electronics, a leading innovator in Heating, Ventilation and Air Conditioning organized Commercial Air Conditioner Dinner and Award Night first of its kind by the Air Solution Business Unit.

The event held at Radisson Blu Hotel, Ikeja, Lagos to honor her business partners and announce the strategy for 2023, saw more than 20 partners awarded for their performance and impact in the year.

Delivering the Welcome Address, Mr. Saheed Adeyemi, Commercial Air Conditioning Manager, LG Electronics West African Operations said, the Air Solution success now and in the future, is closely tied to delivering a partner-led, profit-driven Commercial Air Conditioning.

“We are excited to recognize partners for delivering excellent service and impact across the nation. Our partners are uniquely positioned to help clients and customers unlock the full potential of the HVAC system. LG Multi V air conditioners has been installed in various places both in and outside the country and we are indeed indebted to your contribution towards this success,” he said.

In the first presentation titled Ahead of the Expected with LG HVAC Solutions, Mr. Kunle Onanuga, LG Electronics Nigeria gave an overview on LG Business and other engineering tools. Integration with solutions such as ThinQ, offer connectivity, streamlined operation and real-time data.

The LG expertise network, offering resources that include the LG Partner Portal, allows customers with convenient access to experts who excel in their fields.

“LG’s commitment to customers with programs such as the Preventive Maintenance program that show that LG are committed to being a trusted partner at all stages of each project. LG is staying ‘Ahead of the Expected’ and provide the guidance and support to ensure its customers succeed. In this series, we’ll explore what products and services LG has prepared to stay ahead”, Onanuga said.

This recognition of outstanding excellence first of its kind, is to appreciate our partners for staying glue to us says Mr. Joonkyu Song, General Manager, Air Solution, LG Electronics West African Operations. “This year has been fantastic for us with your support, we hope next year will be better with the target we have set, hopefully we would invite our business partners to Korea in 2023”.

He presented the award to the invited Partners and also three lucky winners went home with one unit of 55’’ OLED TV, Microwave Oven and RP4 Audio after they were picked from a lucky dip.

In his remark, Arch. Olusegun Ladega, Managing Director, Interstate Architects Ltd. said consistent drive for what the market needs and ideate what the market has never thought of is what LG Electronics stands for. From environmental friendly products to energy efficiency products, LG stands for durability and the less energy, the more adaptable it is.

On behalf of Fouani Nigeria Limited – the distributor of LG Electronics, the B2B Manager, Mr. Mohammed Nastrallah said Fouani will improve their communication and share their ideas on better services so as to grow better. “LG’s hard work is appreciated and we will return the favour by working harder as well”.

Other roll call of speakers include; Mr. Vinoth Sankar – Commercial Air Conditioner Manager, Lagos Market, Engr. Dunni Olaleye – MD, IVY Engineers Ltd, Engr. Kehinde Adebara – Managing Partner, Unecon Associates and Mr. Barnabas Olaleye – Information & Display Manager, LG Electronics Nigeria.

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