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December 18, 2023

NGE to launch Trust Fund for media sustainability, professionalism

NGE to launch Trust Fund for media sustainability, professionalism

The Nigerian Guild of Editors, NGE, is set to launch the Nigerian Editors Trust Fund, designed to address the professional and welfare needs of media houses and editors in the country.

The Guild made the revelation in a statement, on Monday, by the President of the NGE, Mr Eze Anaba, and Iyobosa Uwugiaren, the General Secretary, titled ‘Media Sustainability/Professionalism: NGE To Launch Trust Fund’.

According to the NGE, the move was in line with the resolution of the All Nigeria Editors Conference, ANEC, recently held in Uyo, Akwa Ibom State.

It read: “The Nigerian Guild of Editors, NGE, plans to launch Nigerian Editors Trust Fund, which is designed to address the professional/welfare needs of media houses and editors in Nigeria.

“At the ANEC in Akwa Ibom State, publishers, media executives and editors harped on the urgent need by the Guild to initiate strategic move that will focus on the professional/welfare needs of media houses and editors in Nigeria – as part of several efforts to help them to continue to discharge their constitutional and social responsibility to the society without necessarily compromising their ethical standards.

“The professional body of editors and media executives stated that the initiative is a response to the increasing professional/welfare challenges faced by the highest echelon of Nigerian journalists in performing their duties.

‘’The trust fund, which is expected to be launched in the first quarters of 2024, will also address the daunting economic challenges that media executives and editors are faced with during and after office.

“The fund will benefit the Guild’s members in the print, electronic and online media.

‘’The trust fund will be a collaborative effort among all the stakeholders in the media sector, including the public sector – aimed at addressing key challenges that affect the professionals, who are the ultimate gatekeepers in their media organisations,” the Guild added.

The conference

The Guild, at its annual conference in Uyo, Akwa Ibom State recently, set up a committee headed by its Vice-President (East), Mr. Sheddy Ozoene, to liaise with media stakeholders and coordinate the launching of the outfit in the first quarter of next year.

According to the statement, “The trust fund will create the much-desired impact in the journalism profession in the country as the editors and media executives will be exposed to empowerment programmes and innovations in the media industry, retraining and networking opportunities with colleagues from around the world.”

The Guild added that the trust fund, which will be managed by trustees made up of eminent personalities from within and outside the media, will be a fallback cushion for media executives and editors in critical situations, and a source of addressing their welfare needs as well as funding for key media projects that will impact Nigeria’s democracy, good governance and national development.”

Vanguard News