The Nation Newspaper

Tag: lift

  • Ex-pupils lift alma mater

    Ex-pupils lift alma mater

    EIGTHEEN years after they passed out, the 2000 set of Government Junior Model College, Owutu, Ikorodu, Lagos returned last Wednesday for the inauguration of the school’s sick bay, which they financed. They also donated medical equipment, drugs, bed bunks, among others, to the facility.

    The Education District Director, Mrs Ganiyat O. Busari, who inaugurated the project, praised the former pupils for their gesture. Noting their good deed, Mrs Busari, who was accompanied to the ceremony by her colleague Mr Kolawole Fashoyin, said the government welcomed such partnership. She urged other ex-pupils of the school to emulate the 2000 set.

    The school’s Principal Mr Samson Bayo Afuwape, said it was good for former pupils to give back to their school. He said the project, which started last October, was completed on schedule.

    Ex-head girl Mrs Esther Oguntola and Raymond Ajibade, who led the group, thanked the immediate past principal of the school Alhaji N. O. Saheed for giving them the nod to execute the project. They urged the school authorities to maintain the facility, adding that this would encourage them to do more. They sought areas where they could assist in future. ”We hope to move,” Mrs Oguntola, who was known as Miss Akpede, in school,” assured said. Ajibade said their set is a microcosm of the school’s old boys association, adding that the group was planning to execute their projects in the school.

    At the senior school, they also made a similar request to the principal who promised to support them to enable them realise their objective.

    Memories of school life came alive when ex-pupil Akeem Adeyemi, was called upon to give the vote of thanks.  After the vote, Mr Adeyemi, sang the school anthem: ”God of universe… help our teachers too” effortlessly.  He received an ovation for his effort.

    A JS I pupil of the school Fathia Arowosafe, said: I thanked the former pupils for what they had done. The sick bay is beautiful.”

  • 67.8m scrip shares lift Nigerian Breweries to N1.21tr

    Nigerian Breweries opened this week with a market capitalisation of N1.214 trillion, trailing behind Dangote Cement’s N4.43 trillion and Guaranty Trust Bank’s N1.442 trillion.

    Nigerian Breweries last weekend listed 67.8 million ordinary shares of 50 kobo each, increasing its outstanding issued shares from 7.929 billion ordinary shares to 7.997 billion ordinary shares. The additional shares further strengthened Nigerian Breweries’ position as the third most capitalised company at the Nigerian stock market.

    The supplementary shares were due to the scrip dividend scheme offered by the company to eligible shareholders, who elected to receive new ordinary shares in lieu of cash dividends.

    The additional shares arose as a result of the scrip dividend scheme offered to eligible shareholders of the company, who elected to receive new ordinary shares in lieu of cash dividends with respect to the N2.58 final dividend declared for the year ended December 31, 2017.

    Nigerian Breweries had distributed N28.4 billion to shareholders as cash dividend for the 2016 business. Breakdown of the dividend recommendation showed a total dividend per share of N3.58. A final dividend of N20.46 billion was distributed to shareholders on the basis of N2.58 per share. The company had earlier paid interim dividend of N7.9 billion to shareholders, equivalent to N1 per share.

    The board of Nigerian Breweries then recommended an option for qualifying shareholders to receive new ordinary shares in the company instead of the cash final dividend, on terms and conditions as the board may determine based on prevailing market conditions.  Shareholders subsequently voted for the cash-for-share dividend option at the company’s annual general meeting in May 2017.

  • Old students lift Command Secondary School

    Old students lift Command Secondary School

    THE 1987 set of of Command Secondary School, Ipaja, Lagos has rehabilitated some of the school’s facilities which were recently destroyed by rain storm.

    Members of the set, who met past and present teachers last weekend during their 30th Reunion Anniversary, pledged to continue giving back to their alma mater.

    According to the Reunion Anniversary Planning Committee Chairman, Sesan Obe, the forum was designed to chart  ways for alumni to give back to the school.

    He said: “It’s in a good light that we give back to our alma mater. It is a good thing that we should not forget our source. That is why the 1987 set Commandos have taken it as our duty to embark on significant projects in the school. Also we are coming together like this to give special gratitude to God for keeping us till date.”

    “Understandably, over the years, we have gone through different stages of life. Our thoughts, instincts and values have being remodeled. Let us all respect this undeniable fact and use this opportunity to reunite, reconnect and blossom.”

    The 1987 Alumni Association chairman, John Owolabi, said they came together to reminiscent “on the lovely years we spent together in Command and continue to champion projects in the school as a way of giving back to an institution that molded us.”

    One of the high points of the forum was the special recognition of awards presentation to some of the old teachers.

    The 1987 Commandant of the school, the late Colonel Lawrence Lawal, was one of the beneficiaries. His widow, Mrs. Modupe Lawal received the posthumous award.

    According to Obe, the 1987 set also “rebuilt the school’s volley ball court and its pavilion after a rainstorm which also blew open classroom roofs.”

  • Dangote fails to lift market as equities lose 0.23%

    Dangote fails to lift market as equities lose 0.23%

    A last-minute rally by Dangote Cement Plc that staved off a negative market position on Tuesday failed to reenact the same scenario yesterday at the Nigerian Stock Exchange (NSE) as losses by several other highly capitalised stocks and ordinary stocks threw the market into the red.

    Dangote Cement, NSE’s most capitalised stocks had led 11 other small movers to override ostensibly negative market when 33 stocks lost relatively higher values than gainers on Tuesday.

    With 38 losers against five gainers yesterday and losses by several others highly capitalised stocks, the last-minute rally that propped Dangote Cement up by N3 failed to change the negative market position on Wednesday. Dangote Cement closed higher at N183 per share.

    The All Share Index (ASI), the benchmark index at the stock market, slipped by 0.23 per cent to close at 30,042.38 points as against its opening index of 30,112.62 points. Aggregate market value of all quoted equities also dropped from N10.321 trillion to close at N10.297 trillion, representing a loss of N24 billion.

    The downtrend yesterday further built the negative average year-to-date return at the stock market to -13.32 per cent.

    Turnover also dropped below average with the exchange of 299.7 million shares valued at N2.55 billion in 3,560 deals.

    GlaxoSmithKline Consumer Nigeria led the losers yesterday with a drop of N1.89 to close at N36.11. Cadbury Nigeria followed with a loss of N1.50 to close at N28.56. Okomu Oil Palm declined by N1.20 to close at N22.85. Forte Oil dropped by N1.08 to close at N218.90. Lafarge Africa lost 87 kobo to close at N100.63. Northern Nigeria Flour Mills dropped by 64 kobo to close at N12.19. Oando declined by 57 kobo to close at N10.83. Stanbic IBTC Holdings slipped by 42 kobo to close at N18. Guaranty Trust Bank dropped by 40 kobo to close at N22 while Union Bank of Nigeria lost 34 kobo to close at N6.95 per share.

    United Bank for Africa (UBA) was the most active stock with a turnover of 65.95 million shares with N211.86 million in 259 deals. Access Bank followed with a turnover of 39.13 million shares worth N162.9 million in 259 deals while Skye Bank placed third with a turnover of 30.42 million shares worth N53.93 million in 109 deals.

    Besides Dangote Cement, the four other gainers yesterday included Flour Mills of Nigeria, which rose by 10 kobo to close at N25.41; Paints Manufacturing Company, which added four kobo to close at N1 and Ecobank Transnational Incorporated and May & Baker Nigeria, which rose by three kobo each to close at N18.70 and N1.30 respectively.

  • Fidelity Bank workers lift Navy

    Fidelity Bank workers lift Navy

    Workers of Fidelity Bank Plc acting under the auspices of Fidelity Helping Hands Programme (FHHP), a special vehicle for the lender’s Corporate Social Responsibility (CSR), has constructed water treatment plant and donated computers and other office equipment to the Nigerian Naval Medical Centre, Naval Dockyard, Lagos.

    Its Managing Director/Chief Executive Officer,  Nnamdi Okonkwo said the bank, as a socially responsible institution, takes pride in its humble accomplishment in entrenching the culture of true and responsible citizenship among workers members through regular trainings and integration exercises. “It is this passion for our country and our people that has motivated the staff driven initiative which we fondly call the FHHP,” he said.

    Okonkwo said the lender is the only bank in the country where workers contribute their salaries to embark on projects that impact on the lives of their host communities.

    “Fidelity Bank strives to reinforce strong, healthy community relations by identifying with communities in activities that are most relevant to them. We play a leading role in identifying with and seeking solutions to the problems of our host communities,” he said.

    He said although the CSR philosophy rests on a tripod – the environment, education and health/social welfare, the bank, through the  all-inclusive bottom-top CSR approach, has impacted positively on the lives of its host communities across the country.

  • Chukwude, Maduabuchi to lift Gabros United

    Chukwude, Maduabuchi to lift Gabros United

    The General Coordinator/ Media Officer of Gabros United FC, Olisa Onuchukwu has revealed to SportingLife that their decision to recall Stephen Chukwude and Okereke Maduabuchi from Sunshine Stars and Enugu Rangers has started yielding positive results.

    Chukwude was on the verge of joining the Akure Gunners but the striker was withdrawn from the team after Sunshine failed to meet the asking price while Maduabuchi was also recalled from the Flying Antelopes after the Enugu side only prefers a loan deal as against an outright signing.

    Onuchukwu told SportingLife: “Things have been going very well for us since we brought back two of our players from Suinshine Stars and Rangers after they failed to properly clear them.

    “Stephen Chukwude was on the verge of joining Sunshine but the club couldn’t pay the asking price of between four and six million naira.

    “We had to call him back while Okereke Maduabuchi, an attacking midfielder was also recalled from Rangers after they only wanted a loan move as a against an outright sale we wanted. The two have solidified our team.”

    The duo were directly responsible for the Gabros United lone goal against Sunshine Stars with Maduabuchi dribbling almost all Akure Gunners’ defender before he was hacked down in the 18-yard box. Chukwude converted the spot kick before Sunshine scored a late winner.

    Meanwhile, Gabros’s central defender, Seidu Mohammed has been ruled out for two weeks after he twisted his knee in the last premier league match against Sunshine Stars in Akure.

    Out of favour Super Eagles’ defender, Chibuzor Okonkwo has been tasked by the coaches of Gabros FC to replace the injured player in the central defence as against his preferred right full back position.

  • Lions clubs lift health centre

    Lions clubs lift health centre

    •Empower 40 youths

    The Lions Clubs District 404 A1, Nigeria, has donated multi-millionaire eye equipment to Iga Idunganran Heath Centre on Lagos Island, which was built by Oba of Lagos, Rilwanu Akiolu.

    Among the equipment were Slit Lamp Bio microscope, Perkins Tonometer, Visual Acuity Chart (Automated Text Chart), Professional Autolense Meter, Keeler Ophthalmoscope, Professional Keeler Retinoscope, Minor Microsurgical set, Trial Lens Box Set, Head Loupe, Near Point Charts, Automated Refractometer and Automated Vision Chart.

    Led by its District-Governor, Laitan Onolaja, an engineer, the entourage was received by Oba Akiolu who was also the special guest of honour.

    Onolaja said the gesture was part of the cardinal points of the club to assist the less-privileged.

    He thanked Oba Akiolu and Zenith Bank for providing the health centre for the people, saying: “This is a laudable achievement because it is not an everyday occurrence that an individual initiates this, and this is what prompted us to contribute our quota to complementing Lagos State government’s effort in providing first-class health for its citizenry. The equipment donated today is of high standard and nobody will need to travel abroad seeking for eye treatment.”

    He urged the state government to provide ophthalmologists that will run the clinic, while he promised his club’s readiness to render services when the need arises.

    Commending the clubs for the gesture, Oba Akiolu praised the non-governmental organisation for their care for the less-privileged in the society.

    While praising the Lions clubs for giving good medical care to the people, the paramount ruler commended the gesture of Zenith Bank under the leadership of Mr Jim Ovia on the project.

    “There is no human being that doesn’t have one form of ailment or the other. By the time I conceived of the idea of this health centre, there was no support because they wanted Motor Park. I was not deterred because I know more of this benefit will come,” the monarch said.

    Oba Akiolu, who described the equipment as high-standard, urged the ophthalmologist to take proper care of the equipment.

    In her words, representative of Lagos State Commissioner for Health, Dr Funmi Sokunbi thanked Lions clubs for the “laudable project,” explaining that it would go a long way in fighting avoidable blindness, which she said, was on the rise in developing countries.

    The present Lagos State administration, she said, was committed to eradicating blindness in the state and partner with private organisations or individuals to make health affordable and reachable for the citizenry.

    In a related development, Lions Clubs (District 404 A1) has also sponsored 40 young people to an Aspiring Entrepreneurs Programme (AEP) at Fate Foundation, Lagos.  The participants selected from a large pool of applicants were required to present a business idea as part of the application process.

    The five-day capacity-building programme is specially designed for aspiring entrepreneurs to provide them with basic skills, tools and networks required to start and run successful businesses with best practices in entrepreneurship while sticking to business fundamentals at all times.

    The foundation, it was learnt, will conduct periodic reviews of the participants’ activities to identify how the knowledge acquired has improved their self-empowerment.

    Accommodation was provided in Lagos for the youth drawn from various parts of the country, while feeding, transportation and cost of the enterprise training was completely borne by the clubs.

  • Falconets’ coach wants to lift trophy

    Falconets’ coach wants to lift trophy

    NIGERIA Under 20 women’s coach Peter Dedevbo has said his ambition is to lift the 2014 FIFA U-20 Women’s World Cup in Canada.

    The Falconets will battle England, Mexico and Korea Republic in Group C of the preliminary round of the competition and Dedevbo has revealed that his technical crew and players are fired up to emerge as world champions.

    “Every team that qualified for this U-20 World Cup is good. And all the handlers will tell you they want to win the trophy. My dream is to win the tournament too,” Dedevbo told Goal.

    “They (the Falcons) should be focused. (When FIFA suspended Nigeria) the concern was there. But the situation was calm with the players and there was no problem,” he said.

    He further said that his technical crew have worked collectively in ensuring good cohesion and understanding among the players, stressing that each player in the team is very important. He also pleaded with Nigerians to support the Falconets who are ready to make the country proud.

    “More than half of the (players in the) team raised their games. There is big hope for us coupled with some that are ready to make sacrifices,” he continued.

    “There is a great hope, they have improved. It’s not like when they were playing the (World Cup) qualifiers. They are playing like a team that is ready for the World Cup.

    “We have some individual talents – but I tried as much as possible not to build the team around some individual players – I built the team around everybody in the team from the goalkeeping department to the attack.

    “We put all our hope and trust in God. We have a team that will do very well. We have a team that can go places, but all depends on God.

    “I have no concerns, no matter how hot the weather is, we are used to hot weather. I know before the World Cup starts the players will adjust. That may not be a problem.

    “I appeal to Nigerians to rally round the team, pray for the team so that we can do well at the World Cup in Canada,” he concluded.

  • Nembe City lift Bayelsa Fed. Cup

    Nembe City lift Bayelsa Fed. Cup

    Ten-man Nembe City defeated its arch rivals Bayelsa United 5-4 on penalties to become the state champions in yesterday Federation Cup final after goalless draw at the normal time.

    Nembe City used yesterday result to avenge last year’s defeat to Bayelsa United.

    Nembe City player Otene Johnson was red carded in the 77 minute to complete the match with one man down. Despite the red card, Nembe City scored one goal which was disallowed by the center referee.  Sele George, younger brother of the former Super Eagles winger, Finidi Gorge, played a shot which was deflected by Bayelsa United defender before it was finally tapped into the net by Pere Anderson. But referee ruled it offside.

    Speaking after the match, the club’s chairman, Mrs Ebiakpo Rumson Baribote expressed her delight for the team’s victory.

    She said the trophy will transform Nembe City position in the Glo Premier League. She also added that her side will work to get three points in the return leg against Bayelsa United.

    “We are the champions of Bayelsa State. I am happy that we finally achieve this. It was a deserving victory because our boys played well despite the red card. We will make us of the moment and make urgent impact in the league,” Baribote told SportingLife.

    “We will ensure that we claim three points against Bayelsa United in the return leg. If they can come and pick three points in our home we can go to there and pick three points too. Again, I want to urge the organizers to monitor all league matches. I want to give kudos to some referees for their outstanding performance. Referee Chibuzor Odeh from Jos, he was in charge of our game against Akwa United in Uyo we lost by 2-0 but the officiating was balanced,” she said.

  • Sunshine lift suspension Odunlami, Kwambe

    Sunshine lift suspension Odunlami, Kwambe

    Sunshine Stars have lifted the suspension placed on Super Eagles’ players, Ebenezer Odunlami and Solomon Kwambe a top official of the club has told SportingLife.

    Both were suspended last weekend by the Akure Gunners for skipping training prior to the club’s league tie against Gombe United at the Pantami Stadium. The club subsequently lost 0-2.

    The Coordinator of the Ondo State Football Agency(OSFA), Mike Idoko who announced the lifting said the decision was reached after a crucial meeting between the technical crew, the players and OSFA.

    Idoko reckoned that everything had been resolved and that the players have since resumed training ahead of this weekend’s tie with Dolphins of Port Harcourt in Akure.

    “I can tell you that we have lifted the suspension placed on them after a consultative meeting we had. It was a communication gap that caused the whole problem and we have admonished both players as a deterrent to others.

    “They have since resumed training and we are hoping for the best in our subsequent matches especially our home game against Dolphins this weekend,” Idoko said.