Home Blog Page 292

Peak introduces the latest addition to its lineup with the launch of the Peak “Mini” Evap Packs

0

Since its inaugural shipment to Nigeria in 1954, Peak Milk has steadfastly dedicated itself to nurturing the people of Nigeria with consistently superior dairy products, empowering them to realize their full potential.

The brand has adaptively evolved, broadening its product range to meet the dynamic demands of its consumers.

Thrilled to introduce the all-new budget-friendly Evap Packs – Peak “Mini,” Peak Milk from FrieslandCampina WAMCO Nigeria PLC aims to make the goodness of Peak Evaporated milk accessible to all Nigerians, regardless of their social class.

Launched officially in October 2023, the Peak “Mini” packs made a splash, marked by nationwide product sampling activations and the clear message: “Breakfast for You,” emphasizing the accessibility and affordability of Peak “Mini” Packs.

With these more affordable packs, Peak’s innovative and cost-effective solution ensures that anyone can enjoy a nutritious breakfast.

The “Breakfast for You” campaign underscores Peak’s commitment to inclusivity, ensuring that everyone can experience the nourishing benefits of Evaporated milk.

The campaign promises an engaging and rewarding experience, featuring influencers sharing stories of how Peak “Mini” Packs have impacted their daily routines and user-generated content promoting creativity.

Moninnuola Kassim, Senior Brand Manager at Peak Milk, expressed her enthusiasm, stating, “Quality nutrition should be accessible to everyone.

The new Peak “Mini” Packs symbolize our unwavering commitment to inclusivity, offering an affordable option for a nourishing breakfast.”

Now available at nearby retail stores, the new Peak “Mini” Packs make it easier than ever to kickstart your day with a nourishing boost.

For more information, visit www.peakmilk.com or follow on social media at @peak_milk.

About Peak Milk: As Nigeria’s premier dairy brand, Peak Milk is dedicated to providing high-quality, nutritious dairy products to millions of households across the country.

Upholding its promise of nourishing families and promoting healthy lifestyles, Peak Milk strives to create a positive impact on the well-being of Nigerian communities through diverse initiatives and campaigns.

Caption from left to right: Maureen Ifada, Head, Channel and Category Development Sub-Sahara Africa; Moninnuola Kassim, Senior Brand Manager Peak Milk; Ben Langat, Cluster Managing Director Sub-Sahara Africa; and Omolara Banjoko, Marketing Manager Peak Sub-Sahara Africa at the official launch of Peak Mini held in Lagos recently.

 

The Chairman of FCT NUJ lays his wife to rest in Edo

0

The late Mrs. Anthonia Attach Osadebamwen, wife of Abuja-based journalist and Chairman of the Nigerian Union of Journalists (NUJ) Federal Capital Territory (FCT) Council, Comrade Osaretin Patrick Osadebamwen, was laid to rest in the ancient city of Benin, Edo State, on Wednesday, evoking tears and solemnity.

Among those extending condolences to the NUJ FCT Council Chairman was Dr. Mariya Mahmoud, the Honourable Minister of State for the Federal Capital Territory. In a personally signed statement, Mahmoud expressed her deep sorrow and condolences on the passing of Comrade Osadebamwen’s beloved spouse, Mrs. Anthonia Attah Osadebamwen.

 

FirstBank celebrates its customers with prizes totaling N170 million

0

FirstBank has initiated a four-month ‘Win Big promo’ to appreciate its customers, offering a total of N170 million in cash prizes.

Running from October 23 to February 23, 2024, the promo will reward 1,240 customers with N100,000 each, with 310 winners every month.

Reactivating dormant accounts also brings opportunities, as up to 40,000 customers may win free airtime, and six customers stand a chance to win N1 million each in the grand finale draw.

The promo is open to both new and existing savings and current account holders.

To qualify for the N100,000 monthly draw, customers need to maintain a minimum monthly balance of N5,000 and conduct at least five transactions on the bank’s digital channels.

The Group Head of Marketing & Corporate Communications, Ms Folake Ani-Mumuney, expressed excitement about providing customers with memorable experiences and encouraged active participation.

 

Why Eniola adopts a feminine guise – Insights from the street hawker’s mother

0

Kafayat Adeleke, mother of Sultan Adeleke, a street hawker known as Eniola, shared the reasons her child presented as a lady due to a deformity since birth.

Eniola, supported by comedian Brain Jotter, gained attention for claiming to be a makeup artist besides selling water in Lagos.

Amid controversies about Eniola’s gender, Davido urged Osun State Governor to help.

Adeleke clarified that her son, born male, had disguised as female since 2018, seeking help in Lagos. She denied ritual claims and expressed love for him, sharing childhood photos and birth certificate to validate his story.

Eniola later confirmed being a boy on Instagram Live, explaining the motive behind dressing as a girl for public assistance.

The official market sees the Naira depreciating to N1,000 per US dollar

0

In spite of recent efforts by the Central Bank of Nigeria to bolster the foreign exchange market, the naira concluded Thursday’s trading on the Investor & Exporter forex window at N996.75/$, marking a 13.95% drop from its Wednesday closing at N874.71/$.

The naira has now depreciated by 27.75% since the week’s commencement at N780.23/$, as reported by FMDQ OTC Securities Exchange.

Despite initially strengthening against the dollar last week, following news of the central bank clearing backlog, the naira has experienced a consistent decline in both official and parallel markets.

In 2023, it has lost approximately 40% of its value, earning the unenviable distinction of being one of the poorest-performing African currencies, according to the World Bank.

In the parallel market, the currency’s value has fallen from N950/$ on Friday to nearly N1,140/$ on Thursday, reflecting a 20% decrease, according to Bureaux De Change operators interviewed by The PUNCH.

Traders like Kadri and Awolu disclosed rates of N1,100 and N1,140, respectively.

Aminu Gwadabe, President of the Association of Bureaux De Change Operators of Nigeria, attributed the dollar’s ascent to resistance from those who bought it at higher prices, creating market reactions and reluctance to incur further losses.

Expressing concern over the currency’s decline, the presidency indicated plans to implement policies aimed at fortifying the local currency.

Dr. Tope Fasua, Special Adviser to the President on Economic Matters, assured that the government, under the leadership of the President, is poised to introduce policies that will surprise those speculating against the currency’s stability.

Messi praises Zinedine Zidane, hailing him as ‘one of the all-time greats in the history of football

0

Argentina and Inter Miami sensation Lionel Messi recently expressed his admiration for the legendary French footballer Zinedine Zidane in a conversation facilitated by Adidas Football.

Zidane, renowned for his exceptional playmaking, dribbling skills, and grace on the field, amassed an impressive 13 major titles over a distinguished 17-year career, which included triumphs in the FIFA World Cup (1998) and the UEFA Champions League (2001-02).

Messi, acknowledging Zidane as “one of the greatest players in history,” recounted his admiration for the Frenchman’s elegance, artistry, and magical presence on the pitch.

Despite the rivalry between Barcelona and Real Madrid, Messi confessed to following Zidane closely during his time in Madrid and highlighted specific memories, such as Zidane’s goals in crucial moments and his iconic spinning move.

Both Messi and Zidane share the experience of playing in two FIFA World Cup finals, with Zidane achieving victory in 1998 against Brazil and scoring in the 2006 final, albeit ending in a loss for France.

Reflecting on his career, Zidane mentioned the 2014 World Cup final as a lingering memory, despite having no regrets in his illustrious journey.

Messi, similarly, had faced disappointment in the 2014 final but eventually secured the coveted trophy eight and a half years later when Argentina triumphed over France in a thrilling final decided by penalties.

 

Alaba Market traders oppose Lagos’ proposal to demolish the secretariat

0

Traders at Alaba Market in Lagos State strongly oppose the Lagos State Government’s plan to demolish their administrative block and secretariat, making way for a Chinese-affiliated project.

The government initiated the removal of “distressed” buildings in July, citing safety concerns, but members of the Fedzan Furniture LTD trade union in Alaba Market express concern over the inclusion of their crucial administrative space in the demolition.

The Chinese company, associated with an ambitious ultra-modern project, allegedly influenced the decision to include the traders’ secretariat.

The affected traders emphasize the significance of their administrative block for union meetings, governance activities, and interactions with authorities, questioning the need for such drastic measures in Alaba International Market, one of West Africa’s largest markets.

The ongoing legal battle between property owners and the government adds complexity to the situation, with the traders calling for transparency and examination of relevant documents such as C of O, survey plans, and affected buildings.

The heightened police presence has further escalated tensions among market members, creating an atmosphere of fear and unrest.

According to Mohammed Idris, the removal of subsidies has resulted in a significant savings of ₦‎1.45 trillion by FG

0

The Nigerian federal government has successfully accrued savings of approximately N1.45 trillion between June and September by eliminating the subsidy on Premium Motor Spirit, commonly known as petrol.

This information is corroborated by FAAC allocation records sourced from the Nigeria Governors Forum and the National Bureau of Statistics.

A detailed analysis reveals monthly contributions to the Non-Oil Revenue (Savings) account, with N696.93 billion in June, N389.7 billion in July, N71 billion in August, and N289 billion in September.

The decision to remove the petrol subsidy was formally announced by President Bola Tinubu during his inaugural address on May 29, 2023.

He emphatically stated, “Subsidy is gone.” Prior to this move, the Nigerian National Petroleum Company Limited had disbursed N1.828 trillion for subsidy payments from January to May 2023, marking a 55% increase compared to the same period in 2022.

Approximately N1.15 trillion was expended on subsidies during the first four months of 2023, with a breakdown showing N274.769 billion in January, N477.742 billion in February, N415.381 billion in March, and N353.130 billion in April.

On August 1, 2023, President Bola Tinubu reported in a nationwide broadcast that the Federal Government of Nigeria had saved N1 trillion within two months following the subsidy removal in June and July.

He emphasized that these funds, previously susceptible to exploitation by “smugglers and fraudsters,” would now be redirected towards nationwide intervention programs aimed at assisting families.

Despite these announcements, Trade Union Congress President Festus Osifo expressed concern about the whereabouts of the savings claimed by the government.

He questioned the need for continued borrowing when the government had asserted that substantial funds had been saved, suggesting that these resources should be used to benefit Nigerians.

In response, the Minister of Information and National Orientation, Mohammed Idris, clarified that substantial savings had indeed been made through the subsidy removal, and a portion of these funds had been distributed to state governments to mitigate the policy’s impact on Nigerians.

He highlighted the government’s belief that state governments are better positioned to connect with the people and, therefore, funds were being channeled through the governors for providing relief measures. However, he did not specify the exact figure, as the process remains ongoing.

Tinubu Appoints Three Fresh Executive Commissioners to the NUPRC

0

President Bola Tinubu has granted his approval for the appointment of three new Executive Commissioners to serve within the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the redeployment of one current Executive Commissioner, pending confirmation by the Nigerian Senate. The individuals affected by these changes are as follows:

1. Mr. Bashir Indabawa, representing the NW region, has been appointed as the Executive Commissioner responsible for Exploration & Acreage Management.

2. Dr. Kelechi Ofoegbu, representing the SE region, has been redeployed to the position of Executive Commissioner for Corporate Services & Administration.

3. Mr. Enorense Amadasu, representing the SS region, has been appointed as the Executive Commissioner in charge of Development & Production.

Additionally, Mr. Babajide Fasina, representing the SW region, will serve as the Executive Commissioner responsible for Economic Regulation & Strategic Planning.

These changes have been made by the President following a comprehensive assessment of various factors within the sector.

The objective is to establish a regulatory framework and a culture that discourages misconduct and promotes diligence and adherence to rules in the industry.

Chief Ajuri Ngelale
Special Adviser to the President
(Media & Publicity)
November 7, 2023

 

The court has decided to postpone its verdict in the appeal made by the Kano governor

0

Olanipekun contended that the tribunal had established a novel legal precedent that deviated from the prior decisions of the appellate court and the highest court with its ruling.

The lead counsel asserted that it marked the first instance where an election had been invalidated due to the absence of stamping and signing on ballot papers.

He also criticized the tribunal’s reference to section 71 of the Electoral Act and its reliance on decisions derived from that section.

According to him, section 71 pertained to electoral forms and sum sheets, which had no relevance to the issue of ballot papers.

Furthermore, he argued that this was the inaugural case in which a political party filed a petition without including its candidate as a party, and the candidate was declared the winner.

However, Olanipekun urged the court not to uphold the lower court’s judgment.

On the other hand, the lead counsel for the first respondent, Akin Olujuimi, emphasized that the tribunal’s decision did not create a new legal precedent.

He stated that the court had established the requirement for signatures and stamps on ballot papers as early as 2009, under INEC regulations. Failure to comply with this requirement constituted clear non-compliance, not a novel jurisprudence.

Olujuimi highlighted that INEC had acknowledged the invalidity of the ballot papers and urged the court to dismiss the appeal.

He also argued that the lower court’s reference to section 71 rather than section 63 should not be a basis for nullifying the decision.

Regarding Olanipekun’s argument about the candidate not being joined in the case, Olujuimi asserted that votes are cast for the party in an election, and any decision affecting a political party encompasses all its members.

In the APC’s cross-appeal, Olujuimi further contended that the Kano State governor was not a member of the NNPP when he was sponsored by the party.

Counsel for INEC, A.B. Mahmoud, called for the dismissal of the APC’s cross-appeal, stating that it lacked merit.

In a related appeal by INEC, Mahmoud argued that the tribunal had distorted the election jurisprudence with its judgment, going beyond its scope as defined by the Electoral Act. He urged the court to rectify this anomaly and set the jurisprudence right by allowing the appeal.

Counsel for the APC, Offiong Offiong, requested the court to dismiss the appeal, maintaining that a trial court has the authority to scrutinize the documents submitted as evidence.

Ultimately, the court reserved judgments in all the matters, and the parties involved would be informed of the date for the delivery of these judgments.