For the purpose of these awards, Nigeria has been divided into five areas and another two separated cities, the latter because of the intense business and accompanying state business support and regulation services that take place in them.
The geographical regions are:
South South
South East
South West
North Central
North East
North West
The separated cities are:
• Lagos metropolis;
• Abuja (FCT).
For The sake of fairness the award categories will be the same in each delineated area except with regards to certain specific types of activity which are related to natural resources found only in certain parts of the country.
The nationwide and international recognition that would accrue to hitherto largely regional enterprises and institutions would provide them the opportunity to expand and thus benefit from the huge economies of scale and synergies available to enterprises
The award scheme is being financed by corporate/institutional sponsors who wish to associate with and encourage exemplary business and socio-economic performance and conduct and who also want to contribute to closer ties between exemplary businesses in the creation of highly impactful supply and value chains.
Enterprises and institutions will only be eligible to be dominated and considered for awards in the zones where their respective head offices are domiciled ie branch office presence does not qualify an enterprise or institution for consideration for an award.
