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Fani-Kayode offers scholarships to 300 students in honour of his wife, triplets

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Fani-Kayode offers scholarships to 300 students in honour of his wife, triplets

Former minister of aviation, Femi Fani-Kayode, says he will be offering scholarships to 300 Nigerians to study in a private university in the Republic of Benin, Icon University.

Mr Fani-Kayode on Wednesday disclosed that the scholarship is in honour of his wife, Precious Chikwendu, and triplets – Ragnar, Aiden and Liam – who celebrated their birthdays on Monday.

“I will award scholarships to 300 students to the top Private University in a neighboring African country over the next 2 years. Fees will be taken care of. This will be done under the auspices of Snowhite PureHeart Foundation which is owned by my wife @snowhitey1,” he wrote.

“To commemorate the birthday of my wife and 3 sons I am offering a scholarship to 300 Nigerian students to Icon University in the Republic of Benin. This is the top private university in Cotonou and they have just awarded me an honorary doctorate degree. I am deeply humbled.”

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Doctors begin three-day warning strike

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Resident doctors

Doctors under the aegis of the Medical Guild in Lagos State are to begin three days warning strike from today over issues that affect their safety and welfare.

The Medical Guild is the Association of Medical Doctors in the employ of the Lagos State Government.

The Chairman of the Guild, Dr Oluwajimi Sodipo, who addressed reporters yesterday in Lagos, said the strike, which would run till July 16, would exempt members working in the state’s COVID-19 isolation centres.

He said Congress of the Guild on June 27 extended the two weeks ultimatum to the state government, after expiration of its initial 21 days ultimatum to resolve the issues.

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The guild leader noted that the grace period was given to the government to meet 70 per cent of the doctors’ demands in order to avert the strike.

He, however, said the Council, after its meeting on July 11, observed that some of the demands were unresolved by the government.

According to him, wage disparity between the Federal and Lagos State doctors is not being given necessary attention by the state government.

“The issue of COVID-19 hazard allowances and inducement allowances Memorandum of Understanding approved by the Federal Government to the doctors has not been approved by the Lagos Government to her doctors.

“Doctors working in COVID-19 isolation centres are still being owed two months salaries, which has remained unpaid at the moment.

“They are also being unceremoniously disengaged without recourse to their welfare,” he said.

The chairman stressed that the issue of doctors getting infected and re-infected on a daily basis was not getting the required attention from the government.

“Our members are putting themselves on the line daily to provide care, and we need to do everything to protect our colleagues,” Sodipo said.

He said adequate Personal Protective Equipment (PPE), prompt testing of health workers and insurance should be provided. Sodipo added that issues of shortage of doctors in health facilities have yet to be resolved with no visible substantive action taken by the government to resolve it.

“The congress will reconvene after the three days warning strike to review the progress made and plan for further actions.

“We call on the Lagos State Government to do all within its power to resolve the impasse,” he said.

Also, Dr Babajide Saheed, former chairman of the Guild, said that the government could still avert the strike within 24 hours if the needful was done.

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Alibaba’s Jack Ma sells $8.2 bn worth shares, stake dips to 4.8%

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Alibaba Group Holding Ltd co-founder Jack Ma has cut his stake in the company over the past year to 4.8 per cent from 6.2 per cent, cashing out around 8.2 billion dollars at its current share price, the firm’s annual filing released on Friday showed.

The divestment comes as Jack retired as the Chinese e-commerce company’s executive chairman in September and pulled back from formal business roles to focus on philanthropy.

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Alibaba did not disclose the average selling price of his divestment.

Its share price has risen around 40 per cent since jack reported his 6.2 per cent holding in the company a year ago.

The stock’s stellar performance has been helped by forecast-beating earnings growth, even as China’s economy sharply slows, as more people shop online for essentials due to the COVID-19 pandemic.

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Alibaba Executive Vice Chairman Joseph Tsai also reduced his stake in the company over the same period, to 1.6 per cent from 2.2 per cent.

The offloaded shares were worth 3.3 billion dollars as of Friday.

Both Jack and Joseph have been steadily less involved in Alibaba’s regular operations since Daniel Zhang was announced as Ma’s successor as company chairman.

He assumed that role formally in September 2019.

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Throughout this year, the two have donated millions of units of personal protective equipment (PPE) via their individual charity arms to hospitals worldwide to help fight the spread of COVID-19.

An April 2019 filing with the U.S. Securities and Exchange Commission stated that Jack would plan to sell up to 21 million shares within one year to support his philanthropic efforts.

 

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NEMA warns Edo govt of impending flood

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The National Emergency Management Agency (NEMA) has called the Edo State Government to put in more structures that will help mitigate the effect of the proposed flood.

This call was made by VM Muhammadu Muhammed, the director of National Emergency Management Agency, (NEMA) after a meeting with Governor Godwin Obaseki of Edo state over the weekend.

According to Muhammadu, Edo was among the highly probable flood-risk states based on predictions by the Nigerian Meteorological Agency (NIMET) and the Nigeria Hydrological Services Agency (NIHSA).

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He said;

“The prediction released by NIMET and NIHSA annual flood outlook indicates that 102 Local Government Areas (LGAs) in 28 states fall within highly probable flood-risk areas, while 275 LGAs in the 36 states, including the Federal Capital Territory (FCT) fall within moderately probable flood-risk areas, while the remaining 397 fall within the low probable flood-risk areas.

“This year’s outlook has predicted the highly probable flood-risk areas in Edo to include Etsako East and Esan South East LGAs, while the low probable flood-risk areas are Ikpoba Okha, Oredo, Etsako Central, Esan North East, and Ovia North East LG Areas.

“Government should carry out public enlightenment campaign to the vulnerable communities to undertake mitigation action and prepare to vacate to safe ground, identify safe locations for Internally Displaced Persons (IDPs) camps and distil drainage systems and canals to allow free flow of water.”

The Edo State Governor was also asked to organize meetings to prepare all stakeholders for mitigation and response, as well as repositioning relief materials for prompt response after any flooding incident.

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