Author: The Nation

  • NECC, Med-El conduct surgeries in Kaduna

    NECC, Med-El conduct surgeries in Kaduna

    AbdulGafar Alabelewe, Kaduna

     

    THE National Ear Care Centre (NECC) in collaboration with Med-El, a hearing implant company, has conducted two cochlear implant surgeries in Kaduna State.

    The patients operated on were a six-year-old boy and a 46-year-old woman who had lost hearing.

    Addressing reporters at the hospital in Kaduna, the Chief Medical Director (CMD), Dr Mustapha Abubakar-Yaro said the Centre initially made provision for the surgery for four patients but did only two and shifted the others to another date.

    Read Also: COVID-19: Kaduna directs workers to work from home

    He said that one of the treatments for profound or total hearing loss was the cochlear implant surgery which restores hearing.

    The CMD noted that, despite the multimodality approach of the cochlear implant surgery, the Centre had all the equipment and personnel who were trained.

    “We have the audiologists, surgeons, speech rehabilitation experts and also collaboration with the Med-El group from Egypt to provide the implant and technical assistance to enable us to have a successful implant programme.”

     

  • NECC, Med-El conduct surgeries in Kaduna

    NECC, Med-El conduct surgeries in Kaduna

    AbdulGafar Alabelewe, Kaduna

     

    THE National Ear Care Centre (NECC) in collaboration with Med-El, a hearing implant company, has conducted two cochlear implant surgeries in Kaduna State.

    The patients operated on were a six-year-old boy and a 46-year-old woman who had lost hearing.

    Addressing reporters at the hospital in Kaduna, the Chief Medical Director (CMD), Dr Mustapha Abubakar-Yaro said the Centre initially made provision for the surgery for four patients but did only two and shifted the others to another date.

    Read Also: Another lockdown in Kaduna?

    He said that one of the treatments for profound or total hearing loss was the cochlear implant surgery which restores hearing.

    The CMD noted that, despite the multimodality approach of the cochlear implant surgery, the Centre had all the equipment and personnel who were trained.

    “We have the audiologists, surgeons, speech rehabilitation experts and also collaboration with the Med-El group from Egypt to provide the implant and technical assistance to enable us to have a successful implant programme.”

     

  • Northcentral governors to promote agric, ranching

    Northcentral governors to promote agric, ranching

     Uja Emmanuel, Makurdi

     

    GOVERNORS of the Northcentral states have resolved to promote ranching of livestock, agriculture and general security of lives and property within the region.

    Rising from a meeting in Makurdi, the Benue State capital, the Chairman, Governors Forum and Governor of Niger State, Abubakar Sani Bello read the communique at the end of the meeting held at the Benue Peoples House Makurdi.

    He said it was the resolution of the forum that the region and the nation, in general, were going through challenging times occasioned by insecurity, low agricultural production, infrastructural deficit and low internally generated revenue which requires a collective sense of patriotism and innovation to surmount.

    Read Also: 2023: Youth group declare support for Yahaya Bello

    “Request for services of Agro-Rangers of the Nigeria Security and Civil Defence Corps to provide security to farmers and farming activities, consideration of modern ways of livestock farming through the promotion of ranching and assistance to genuine livestock farming” was also part of the resolutions.

    “Member states should develop fishery production programme and approach the Central Bank of Nigeria (CBN) for funding to create employment and to also take advantage of the National Agricultural Land Development Authority, NALDA to encourage farming activities,” the communique noted.

     

  • Sule mourns NIPPS’ Galadima

    Sule mourns NIPPS’ Galadima

     Linus Oota, Lafia

     

    NASARAWA State Governor Abdullahi Sule has expressed shock and sadness at the sudden death of the Director-General, National Institute for policy and strategic studies (NIPPS) Prof Habu Galadima whose sad event occurred on December 20th.

    Sule, in a statement by his Chief Press Secretary, Ibrahim Addra, described the passage of Galadima as a painful loss not only to us in Nasarawa State but the country at large, creating a huge vacuum that will be difficult to fill.

    “His scholarly exploits and contributions to National development are a source of pride to us.

    Read Also: Sule approves payment of harmonised allowances for law officers

    “His was a lifetime of service where he displayed exceptional commitment to assigned responsibilities and distinguished himself as a peaceful and seasoned administrator.”

    Governor Sule, on behalf of the government and people of Nasarawa State expressed his condolences to the immediate family, associates and colleagues of Prof Habu Galadima.

    “We urge them all to remain strong and take solace in the worthy life he lived and the many legacies he left behind.”

     

  • Death toll in Zango Kataf attacks rises to seven

    Death toll in Zango Kataf attacks rises to seven

     AbdulGafar Alabelewe, Kaduna

     

    THE death toll in the reprisal attacks on some communities of Zango-Kataf Local Government Area of Kaduna State has risen to seven, as three decomposing bodies were recovered on Monday.

    Four persons were at the weekend reportedly killed during reprisal attacks on Ungwan Gaiya, Ungwan Gimba, Ungwan Makama and Apimbu villages.

    The decomposing bodies were recovered by security operatives at Ungwan Jatau Boto and Ungwan Gimba general areas of Zangon Kataf.

    Commissioner for Internal Security and Home Affairs, Samuel Aruwan confirmed the development, stating that the state emergency management agency had visited displaced citizens at Zonkwa and Ungwan Idi in Zangon Kataf and Kauru local government areas.

    “According to the latest operational feedback from the military to the Kaduna State Government, three more corpses have been recovered during clearance operations at Ungwan Jatau Boto and Ungwan Gimba general areas of Zangon Kataf council.

    Read Also: Gunmen kill seven in fresh Kaduna village attack

    “The decomposing bodies – adjudged to have been dead for three or more days – are of residents from the sides involved in the recent spate of violence, attacks and reprisal killings.

    “Security agencies have been informed for appropriate action. The government will reveal the identities of the bodies once identified.

    “The State Emergency Management Agency has also drawn the government’s attention to the rising numbers of displaced citizens following the killing and counter-killing in the two local government areas. To this end, the issue is receiving attention for immediate intervention.

    “Citizens are firmly assured that the Kaduna State Government will continue to work assiduously for the peace and security of the state.”

     

     

  • COVID-19 spike: Fed Govt slams five-week restrictions

    COVID-19 spike: Fed Govt slams five-week restrictions

    •States, FCTA to enforce rules
    •Travel restrictions likely

     Bolaji Ogundele Abuja

     

    NIGERIANS will in the next five weeks, live with new restrictions to prevent a further spread of COVD-19.

    The second wave of the pandemic has hit the country with intense ferocity as it is across the world.

    The initial restrictions in line with the established protocols will now return.

    State governments and the Federal Capital Territory Administration (FCTA) are expected to assume full responsibility of enforcement.

    Travel restrictions within the country and from other countries are also to take effect, the Presidential Task Force (PTF) on COVID-19, said yesterday.

    Among the re-introduced restrictions and regulations are closure of most public places including religious, occupational and recreational activities.

    Chairman of PTF and Secretary to the Government of the Federation (SGF) Boss Mustapha, said at a news conference on Monday that President Muhammadu Buhari had directed the state governments and the FCT to act immediately for five weeks, “in the first instance”.

    Mustapha was seen in public for the first time in two weeks yesterday, after he went into isolation.

    He said: “The PTF has surveyed developments and actions taken by governments around the world, assessed our domestic environment and has accordingly submitted its recommendations to Mr. President on immediate measures to be taken.

    Read Also: COVID-19: A second wave

    “In line with the authorisation, the PTF wishes to issue the following advisories to sub-national entities for implementation over the next five weeks because these activities are considered super spreader events:

    • Close all bars, night clubs, pubs and event centres, and recreational venues;
    • Close all restaurants, except those providing services to hotel residents; takeaways, home deliveries.
    • Drive-ins shall remain closed;
    • All informal and formal festivity events including weddings, conferences, congresses, office parties, concerts, seminars, sporting activities, end of year events shall be restricted to not more than 50 persons;
    • All gatherings linked to religious events are limited to less than 50 per cent capacity of the facility.
    • Mandatory use of face masks
    • Maintenance of physical distancing;
    • Where more than 50 persons are attending, any such events, the gathering should be held outdoors only;
    • Public transportation systems are to carry passengers not more than 50 per cent of their capacity
    • Enforce compliance with NPI protocols, especially the advisory on wearing of face masks, in public spaces;

    “To reduce overcrowding in public spaces, markets, shopping centres, offices and schools, states are advised to implement the following: Encourage virtual meetings in government offices. The leadership of such offices should ensure that all offices are well-ventilated offices, and encourage staff to work from home where possible;

    • All government staff on GL.12 and below are to stay at home for the next 5 weeks; Permanent Secretaries and Chief Executives are to be held accountable for enforcing NPI rules in their domains with frequent spot checks;

    “The PTF on the advice of the Federal Ministry of Education, expects that schools would have vacated from the 18th December 2020 and remain closed till at least the 18th of January, 2021 to enable the measures introduced to take effect;

    “All persons above the age of 60yrs and/or with comorbidities are to be encouraged to stay at home and avoid crowds; All non-essential travels – both domestic and international –  during the holiday season are seriously discouraged;

    “To strengthen risk communication and community engagement activities over the next five weeks, states are encouraged to; engage community and religious leaders, arrange town hall meetings (ideally set outdoors) to address concerns;

    “Intensify public messaging activities, leveraging existing government and partner assets; reach out to youths and younger adults with health promotion activities; Invest in local face mask purchase and distribution to the general public to encourage use”, he said.

    “The PTF will work with the Head of the Civil Service of the Federation to implement aspects related to the Public Service” said.

    On international travels, the PTF said: “A lot of discussion is still going on around the calls for the restriction of international travels due to the discovery of new strains of the virus in certain countries.

    “The PTF, Aviation and health authorities, including the WHO, are assessing the situation closely and would take a position as soon as cogent scientific basis are established. The protection of Nigerians remains our primary concern and we reassure Nigerians of our resolve not to relent.

    The PTF will today submit its end of year (2020) Report to Mr. President, Mustapha added.

  • Equities open with N334b gain

    Equities open with N334b gain

     Taofik Salako, Deputy Group Business Editor

     

    NIGERIAN equities continued on the upswing yesterday as considerable demand for major cement and oil and gas companies roused the market to net capital gain of N334 billion.

    Benchmark indices at the Nigerian Stock Exchange (NSE) indicated average return of 1.7 per cent yesterday, representing net capital gain of N334 billion. With this, average year-to-date return trended upward to 39.5 per cent.

    The All Share Index (ASI)- the value-based common index that tracks share prices at the Exchange roe from its opening index of 36,804.75 points to close at 37,443.40 points. Aggregate market value of all quoted equities also rose correspondingly from its opening value of N19.236 trillion to close at N19.570 trillion.

    With equal numbers of advancers and decliners, the overall market position reflected gains recorded by large-cap stocks, especially in the industrial goods sector. The NSE Industrial Goods Index rose by 5.5 per cent. The NSE Insurance Index appreciated by 5.1 per cent while the NSE Oil and Gas Index rose by 0.7 per cent. However, the NSE Banking Index declined by 1.1 per cent while the NSE Consumer Goods Index dipped by 0.14 per cent.

    Nigeria’s most capitalised company, Dangote Cement led the gainers with a gain of N20.90 to close at N230.40. BOC Gases followed with a gain of 72 kobo to close at N7.92. Flour Mills of Nigeria rose by 65 kobo to close at N26.65. Lafarge Africa appreciated by 50 kobo to close at N22.50 while PZ Cussons Nigeria rose by 35 kobo to close at N5.35 per share.

    On the negative side, Ardova led the losers with a drop of 75 kobo to close at N13.55. Zenith Bank dropped by 50 kobo to close at N24.30. Eterna lost 45 kobo to close at N4.10. Unilever Nigeria declined by 40 kobo to close at N13.95 while Guaranty Trust Bank dipped by 25 kobo to close at N33.50 per share.

    “We anticipate sustained bullish performance in the equities market in subsequent trading days,” Afrinvest Securities stated.

    Total turnover stood at 427.06 million shares valued at N3.31 billion in 5,258 deals. AXA Mansard was the most active stock with 90.18 million shares.

     

  • I’m leaving May & Baker a stronger company, says Okafor

    I’m leaving May & Baker a stronger company, says Okafor

     Taofik Salako, Deputy Group Business Editor

     

    MAY & Baker Nigeria Plc has witnessed major turnarounds and achievements over the past 10 years and now with a stronger foundation for future growth.

    Retiring Managing Director of May & Baker Nigeria Plc, Mr Nnamdi Okafor, who took a final look at his tenure at an interactive session with reporters, said the company has moved from a struggling company with negative cash flow to a well-capitalised company with consistent growths in profitability and investments in key production capabilities.

    Okafor, who was appointed in February 2011, is set to retire by December 31, 2020, after almost a decade-long tenure as managing director and 35 years of service to the company.

    Okafor’s tenure at the helms of the company was marked with several milestones and further consolidation of the leading pharmaceutical company into one of few Africa’s globally certified centres of excellence in pharmaceutical manufacturing.

    He noted that the company’s balance sheet had doubled from N7 billion in February 2011 to N14 billion in 2020.

    “As at February 2011, when we took over, profit before tax was a third of a billion naira and has tripled and now in the billion-naira-profit club. Our balance sheet size has doubled from N7 billion to N14 billion as well the revenue. Also, our total shareholders’ equity has grown by 100 per cent from N2.9 billion in 2010 to N6 billion by 2020. We achieved all these by investing in key infrastructure, research and innovation,” Okafor said.

    The Board of Directors of the company has notified the Nigerian Stock Exchange (NSE) and the Securities Exchange Commission (SEC), of the impending retirement of Okafor and the commencement of a succession process with the appointment of Mr Patrick Ajah, a vastly experienced pharmacist and business manager of nearly three decades experience, as a successor.

    Read Also: May & Baker Nigeria upbeat on growth outlook

    Ajah who resumed on December 1, 2020 as an executive director, will work with Okafor for a month transition period and assume the leadership as managing director with effect from January 1, 2021.

    Okafor noted that net cashflow which was consistently negative in the first five years due to high debts from banks was turned around in the second half of his tenure having paid off the banks and all short-term debts, injecting fresh equity capital through rights issue and accessing longer-term, low-cost debts from Central Bank of Nigeria (CBN) intervention facilities.

    “This has put the company on a solid liquidity position with adequate funds for future growth and expansion projects. We have strengthened the foundation for future growth with investments in new projects, including a billion naira dedicated plant for one of our major product; paracetamol and two new state-of-the-art plants for hand sanitiser and herbal products currently under construction,” Okafor said.

     

     

  • Access Bank named ‘Nigeria’s safest bank’

    Access Bank named ‘Nigeria’s safest bank’

    Collins Nweze

     

    GLOBAL Finance has named Access Bank the ‘Safest Bank’ in Nigeria in 2020.

    This is part of the platform’s 29th yearly World’s Safest Banks rankings. The recognition followed the bank’s efforts towards ensuring the protection of customer funds and data.

    Global Finance’s rankings of the World’s safest banks has been the recognised and trusted standard of financial counter-party safety for more than a quarter-century.

    The safest banks by country were selected through an evaluation of long-term foreign currency ratings – from Moody’s, Standard & Poor’s and Fitch – and the total assets of the 1000 largest banks worldwide.

    Chief Executive Officer of Access Bank Plc, Herbert Wigwe, said: “Throughout 2020, financial institutions all over the world have been faced with peculiarities in safeguarding the finances and data of customers.

    “Through this Access Bank has remained steadfast in its commitment to ensuring that the finances of customers are protected and the data confidentiality of all stakeholders are maintained. This recognition serves as an encouragement for us to build on our successes and invest even more in digitally-led measures that will position us as the World’s Most Respected African bank.”

    Also, the Publisher and Editorial Director of Global Finance, Joseph Giarraputo, said: “For most of 2020, the world has been lashed by the COVID-19 pandemic, a steep drop in economic activity and, in some cases, serious social unrest. Any of these developments could have significantly impacted banks’ credit worthiness. Surprisingly, however, the relative position of the world’s largest banks on Global Finance’s World’s Safest Banks 2020 lists has been mostly stable.

     

  • PZ Cussons eyes other African markets

    PZ Cussons eyes other African markets

    Our Reporter

     

    MANUFACTURER of personal healthcare products and consumer goods, PZ Cussons said it is setting its eyes on other markets in Africa. It said it currently operates in Nigeria, Kenya and Ghana, promising to deepen its foothold on the continent in years to come.

    Its Head of Marketing, Africa, Daniel Gyefour, who dropped the hint during a press conference to announce the opening of entries Cussons Baby Moments Season 7, said this year has been quite challenging with COVID-19 lockdowns, loss of lives and livelihoods, adding that it was a gloomy past six months or year.

    Gyefour said it was in the light of these past challenges that the firm gave Reasons for Joy as the theme of this year’s competition.

    While this year’s edition also comes with a few changes that will ensure an even smoother experience, whilst also increasing the opportunities for participants, the company announced N2 million grand prizes for winners.

    Also, Brand Development and Activation Manager, Cussons Baby, Yosola Nwachukwu expressed delight for the contest in view of the peculiarity of the times, adding that  ‘Reasons for Joy’, was chosen as it sought to inspire hope, while allowing parents showcase the joy of parenthood.