Lagos State Is Admitted Into World’s 100 Resilient Cities (2017)

Lagos State Governor, Mr. Akinwunmi Ambode has received the Certificate of Admission of the State as one of the 100 Resilient Cities (100RC) in the world pioneered by the Rockefeller Foundation, saying that it was a starting point and a positive partnership that would help the State address the challenges of urban planning, transport gridlock, environment and modern infrastructure.

According to the Governor:

“Lagos is currently home to about 23 million inhabitants with an estimated 86 people moving into Lagos every hour. This creates challenges of managing a daily increase in human and vehicular movement.”

While alluding to the objective of his administration to make every community in Lagos economically liveable and stem rural-urban flight, the Governor assures that deliberate initiatives have been put in place to address the housing deficit, transport challenges and economic development, among others.

Professor Adesoji Adesugba Becomes Sigma Beta Delta Member

The California Southern University, USA has admitted a Nigerian, Professor Adesoji Adesugba into the Sigma Beta Delta International Honour Society in business, management and administration.

According to the President of the institution’s chapter of the organisation, Lauren Helms, “the admission of Adesugba into the Sigma Beta Delta is in recognition of his outstanding scholastic record. As President of the California Southern University Chapter of Sigma Beta Delta, it is my pleasure to extend you this membership invitation.”

Adesugba, who lectures at the Baden International Business School, Baden Switzerland is said to have impressed the university authorities by scoring an ‘A’ in every course and making a perfect 4.0 Grade Point Average (GPA) in his Doctor of Business Administration coursework at the university.

As a Sigma Beta Delta member, he joins a prestigious group of academic and business leaders dedicated to the continual pursuit of meaningful aspirations. Sigma Beta Delta membership conveys academic excellence and a commitment to high principles and superior achievement and is only given to doctoral candidates who have scored 3.95 GPA or better.

Professor Adesoji Adesugba has an impressive background having previously worked with the Federal Government of Nigeria in various capacities, including as a director at the Nigerian Investment Promotion Commission (NIPC) and later as the Chairman of the Industrial Arbitration Panel (IAP).

In 2015, he was appointed as the Chairman of the Editorial Board of the popular Nigerian newspaper Sahel Standard. He is currently the President of the Gemstones Miners and Marketers Association of Nigeria, as well as a Vice-President of the Abuja Chamber of Commerce and Industry.

4th Edition Of Teecoks Writing Competition

The Towunmi Coker Literary Initiative has awarded winners in the 4th edition of Teecoks Writing Competition, founded by Dr. Towunmi Coker.

The award aims to promote reading and writing culture among Nigerian students, as well as, build and train emerging writers and lovers of writing in the country.

First Prize in Poetry Writing – Adebogun Oluwatosin of Ansar-Du-Deen College, Isolo

First Prize in Prose Fiction Writing – Ibukun-Oluwa Addy, from Chrisland College, Idimu

 

CNN African Voices Honours Chef Fregz

A Nigerian chef, Gbubemi Fregene, also called Chef Fregz, is being celebrated in the CNN African Voices, sponsored by Nigeria’s foremost telecommunications operator, Globacom.

Chef Fregz has unbridled passion for cooking and believes that to create great tasty meals, one needs a lot of love and passion.

Gbubemi Fregene is competitive, passionate about his job, creative with a world-class training at Le Cordon Bleu Culinary Institute in Paris, France, a school that produced world’s cuisines’ finest, including Gaston Acurio, Mario Batali, Simone Beck and David Burtka.

He has established a reputation in the industry as a young chef who has something new and different to offer.

Winners Of Nigeria Basketball Federation 2016 Awards

Winners have emerged at the Nigeria Basketball Federation 2016 Awards.

Winners Of Nigeria Basketball Federation 2016 Awards

  • Male Player of the Year – Dele Ademola of Kano Pillars Basketball Club of Kano
  • Female Player of the Year – Upe Atosu of First Bank Basketball Club
  • Female Young Player of the Year – Ifunaya Okoye of First Deepwater of Lagos
  • Male Young Player of the Year – Oriakhi Owen of Hoops and Read Basketball Academy
  • Best Basketball Team in the Year 2016 (Male category) – Kano Pillars Basketball Club of Kano
  • Best Basketball Team in the Year 2016 (Female category) – First Bank Basketball Club
Both teams emerged victorious in the DStv and Zenith leagues respectively last year and went ahead to shine in the African Champions Cup with Pillars coming fourth in the males category and First Bank emerging third in the females category.

Med-View Airline Becomes First NSE-listed Airline In 24 Years

Med-View Airline has become the first airline to be listed on the Nigerian Stock Exchange (NSE) in almost 25 years. The Airline listed 9,750,649,400 ordinary shares of 50 kobo each at Naira 1.50 kobo per share on the floor of the Nigerian Stock Exchange (NSE).

NSE Chief Executive, Mr. Oscar Onyema, congratulated and commended the board and management of Med-View Airlines for having the courage to take such an important step. In his words;

“Today’s listing by an introduction of 9.75 billion (9,750,649,400) ordinary shares of Med-View Airlines on the main board of the Nigerian Stock Exchange at a listing price of 1.50 Naira per share is a culmination of several months of hard work by all parties to the transaction, including the Securities and Exchange Commission and The Exchange.

This listing has added 14.65 billion Naira (N14, 625,974,100) to the market capitalization of The Exchange, further deepening the Nigerian capital market. It will also increase the visibility of Med-View Airlines Plc and differentiate it as a professionally run airline with high corporate governance standards, having met The NSE’s listing criteria.”

BFPCL Secures $6 Billion Facility From BP Oil For Methanol Plant

Brass Fertilizer & Petrochemical Company Limited (BFPCL) has secured a $6 billion offshore facility from BP Oil International Limited, London for the take-off of its methanol plant in Bayelsa State.

According to the Company’s Vice Chairman, Chief Ben Okoye,

“Phase one of the project has commenced following the securing of $6 billion from BP Oil International Limited, London. We also secured 25 years 300millions of standard cubic feet per day (mmscf/d) gas supply from Shell Petroleum Development Company of Nigeria Ltd (SPDC-JV).

The project is designed to be built in two phases and phase one which is expected to come on stream in 2020, will produce 1.66 million metric tonnes (MT) of methanol and 1.3 million metric tonnes of urea per annum. Phase one also includes a dedicated Export Jetty and a 300 mmscf/d gas processing plant. On completion, the project is expected to generate an annual turnover of $1.5 billion. The project is extremely strategic to the country’s agricultural and industrial sectors. It will contribute to the country’s self-sufficiency in fertilizer and methanol based industrial raw materials.”

On jobs creation, the project will employ 15,000 workers indirectly during construction and 5,000 permanent workers after the project is completed.”