Foreign

Rescue of South African Airways launched to avoid ‘collapse’

Published

on


South Africa’s beleaguered national carrier is being placed into “business rescue”, giving the airline breathing room to radically restructure, Public Enterprises Minister, Pravin Gordhan, said on Thursday.


The government is contributing two billion rands ($137 million) to the effort to save South African Airways (SAA), as will the state-owned company’s existing lenders, Gordhan said in a statement.

“This should help prevent a disorderly collapse of the airline,’’ he said.

“It must be clear that this is not a bailout,’’ Gordhan added.

“This is the provision of financial assistance in order to facilitate a radical restructure.’’

Under South African law, a business rescue is meant to “facilitate the rehabilitation of a company that is financially distressed’’ by allowing its temporary supervision by a so-called business rescue practitioner, a temporary moratorium on claims against it and the drawing-up of a restructuring plan.

SAA has long faced financial difficulties. In June, its board of directors had announced that the flagship carrier needed an additional four billion rands to survive the current financial year.

The airline’s board has approved the business rescue, saying in a statement that this would “create a better return’’ for its creditors and shareholders.

“The company is seeking to … provide the best prospects for selected activities within the group to continue operating successfully,’’ SAA said.

The airline said it would soon issue details on a “new provisional timetable’’.

“This set of actions should provide confidence to customers of SAA to continue to use the airline,’’ Gordhan said.

“Our desire is that the restructured airline will mark the beginning of a new era in South African aviation.’’

Edited & Vetted By: Fatima Sule/Abdulfatah Babatunde
(NAN)

https://nnn.ng/rescue-of-south-african-airways-launched-to-avoid-collapse/

Entertainment

Burna Boy becomes first Nigerian artist with certified silver album in UK

Published

on


Nigerian superstar, Damini Ogulu, a.k.a Burna Boy has become the first Nigerian artist with a certified silver album, “African Giant” in the UK.


The renowned singer, who said he was so excited over the achievement, took to his Instagram page @burnaboygram to announce the news to his fans and also expressed love to everyone that supported him.

AFRICAN GIANT SILVER IN THE UK & OWN IT X2 PLATINUM.

“Shouts to my brudda Stormzy and love to everyone that supports us. Go stream `REAL LIFE’ now,” he wrote.

The News Agency of Nigeria , reports that a silver certification in the UK means an album has sold  60, 000 copies.

NAN also reports that this came after news that ‘Own It’ by Stormzy featuring Burna Boy and Ed Sheeran, has a two-time platinum certification for selling 600,000 copies.

On June 4, it was announced that ‘Be Honest’, the 2019 single by British singer, Jorja Smith featuring Grammy nominee, Burna Boy has been certified platinum in France.

Burna Boy had accepted a gold plaque for his 2018 single “On The Low’’. The gold plaque is for selling 100,000 (or more) copies.

A gold plaque can also be handed to an artist, whose single has been streamed 15 million times in the country, thus 15 million streams of a single in France is equivalent to 100,000 pure sales.

Burna Boy is a multi-awarding Nigerian Afro-Pop singer, whose sound inspired by Nigerian legend Fela Kuti.

He got his breakthrough in 2012 with his hit single such as to Party off his debut album ‘L.I.F.E’ released in 2013.

Burna Boy in 2017, signed with Bad Habit/Atlantic Records in the U. S. and Warner Music Group internationally.

He released his first major label backed album ‘Outside’ in 2018.

The artist immense contribution in entertainment industry coupled with his numerous songs has made him outstanding.

Edited By: Abiodun Esan/Grace Yussuf
Source: NAN

 

 

 

 

 

 

 

 

https://nnn.ng/burna-boy-becomes-first-nigerian-artist-with-certified-silver-album-in-uk/
Continue Reading

COVID-19

Resumption: Schools comply with COVID-19 protocol

Published

on


As schools across Osun state resumed today, the authoritiest of all schools complied with the Federal Government COVID-19 protocol.


The News Agency of Nigeria correspondent who monitored resumption of schools in Ile-Ife, Osun, on Monday, observed compliance with the Covid-19 protocols of use of face mask and observance of social distancing in the schools visited.

The Principal, Anglican Central Government Middle School, Ilare, Ile-Ife, Mr Rufus Ojedokun, commended the state government for the re-opening of schools.

He described as impressive the turn out of students and teachers in school, adding over 90 per cent were in attendance.

Ojedokun said that all the students came with their face mask and sanitizers from home, while the school already put all materials in place for the schools as well.

He admonished parents to support their children academically by providing necessary materials for them and ensure they are punctual in schools.

Also, Mrs Kehinde Olafimihan, Coordinator for Triumphant Baptist Private Primary School, Ilare, Ile-Ife, told NAN that the school resumption was a welcomed development.

Olafimihan said that ahead of resumption, government had decontaminated the school premises and classrooms, provided washing hand basin with soaps and sanitizers for the pupils, staff and visitors.

She said that also provided were thermometers to checkmate the temperature of the children before entry into the school compound while the pupils complied with social distance protocols in their classrooms.

According to her, all the students came with their face mask and sanitizers from home while the school also provided as well.

Also, Mr Ademola Sanusi, the Principal, Oduduwa College, Ile-Ife, stated that almost 90 per cent of the students resumed today, because majority of them were already tired of staying at home.

Sanusi said that JSS 3 and SSS 3 students had finished their WAEC, while SSS 3 students are currently preparing for their NECO.

He said that all the students came with their face masks and sanitizers from home, while the schools also provided for their students, staffs and visitors to the schools.

The principal urged the students to face their studies, saying that they have limited time to run the abridge third term, for they would write unified promotion examinations.

Also, Johnson Agboola, the Vice-Principal, Ambassador College, said that as a private school, they were happy at the resumption and all their staff and students were 100 per cent present in school.

Agboola added that the school had provided face masks for the students, staff and the visitors.

He stated that the school ensured compliance with social distancing, provided thermometers to check the students temperature and water and hand washing basin with soap and sanitizers

The Vice-Principal appealed to the students to be diligent in their studies, saying this was necessary because of the time lost due to the coronavirus outbreak.

Edited By: Remi Koleoso/Bayo Sekoni
Source: NAN

https://nnn.ng/resumption-schools-comply-with-covid-19-protocol/
Continue Reading

Education

Ekiti govt. tasks teachers on dedication to duties as schools resume

Published

on


The Chairman of Ekiti State Universal Basic Education Board (SUBEB) Prof. Femi Akinwumi has urged primary school teachers in the state to dedicate themselves to duties after seven months closure of schools due to the COVID-19 pandemic.


The News Agency of Nigeria reports that the advice was given as primary schools in Ekiti resume for academic activities on Monday.

Akinwumi called on them to adhere strictly to the guidelines issued by government to curb the spread of the virus in schools and other public places.

The chairman’s call was conveyed in a release in Ado-Ekiti, by Mr Tope Babalola, the SUBEB Director of Social Mobilization.

He urged teachers to work assiduously towards accomplishing the task of ensuring their safety and that of their pupils.

Akinwumi added that they must ensure proper preparation of the pupils for the forthcoming common entrance and placement examinations.

He said the two major tasks were achievable if teachers remained diligent, committed and focused in discharging their duties.

Akinwumi pledged the commitment of the Fayemi-led administration towards providing a conducive teaching and learning environment in schools as well as ensuring adequate training and re-training for teachers in public schools.

He said now that all public primary schools in the state had been provided with spray pumps and herbicides, there was no excuse for the school environment to be overgrown by weeds.

Akinwumi stated that the new method of rigorous and continuous schools inspection recommended by the Universal Basic Educational Commission (UBEC) Quality Assurance would come into full effect in the state in the new term.

NAN recalls that Gov. Kayode Fayemi in a statewide broadcast announced Sept. 21 as date for re-opening of primary and secondary schools in the state thus ending months of closure as a result of the COVID-19 pandemic.

The governor had specifically said students in SSS II, JSS III and Primary 6 would resume on Sept. 21, while students in SSS I, JSS II and Primary 5 and Primary 4 would resume from Sept. 28.

Other grades of pupils and students were to resume later when more assurance of safety for their age bracket would have been established.

Edited By: Emmanuel Nwoye/Razak Owolabi
Source: NAN

https://nnn.ng/ekiti-govt-tasks-teachers-on-dedication-to-duties-as-schools-resume/
Continue Reading

Education

Delta Govt reassures parents of Primary Six pupils’ safety during exams

Published

on


The Ministry of Basic and Secondary Education in Delta says necessary measures have been put in place to safeguard lives of Primary Six pupils ahead of their forthcoming Cognitive Placement Examination.


Mr Patrick Ukah, the Commissioner in charge of the Ministry, gave the assurance in a statement on Thursday in Asaba, said the examination would hold on Sept. 26.

Ukah said that the preparation was in line with the COVID-19 protocols.

He said that the ministry had on Thursday supervised the distribution of hand sanitisers, hand towels, Infrared Thermometers, liguid soup and facemasks, among others, to all the 1,126 public primary schools in the state.

According to him, resumption of the Primary school pupils in the exit class was the third phase of the reopening of schools after the lockdown since March.

He said it followed the earlier resumption of students in SSS 3 and JSS 3.

“The monitoring and surveillance activities will be intensified as a result of the difficulty associated with managing primary school pupils,” the commissioner .

He said that in Delta, no student contacted Coronavirus during the just concluded Senior School Certificate Examination (SSCE), hoping that the pupils in the primary school arm would not also contact the virus.

Ukah also urged school heads and teachers to ensure that the pupils adhere to the COVID-19 protocols as outlined to protect them against contacting the virus.

The schools visited included Uzoigwe Primary School; Royal Mira All Saints International School; Zappa Primary School; Ogbe-Afor Primary School and Abu-Ator Primary School, all in Asaba, Oshimili South Local Government Area.

Others were Mgbala Model Primary School and Umegbali Primary School, both in Okpanam, Oshimili North Local Government Area.

Edited By: Olagoke Olatoye
Source: NAN

https://nnn.ng/delta-govt-reassures-parents-of-primary-six-pupils-safety-during-exams/
Continue Reading

Nigeria High Commission in Canada reopens after six-month closure President Buhari’s UNGA75 National Statement Olowu condoles with COAS, says Col. Bako’s death a national tragedy 9 energy firms get $2.6m USAID grant to power rural clinics in Africa FCTA reiterates commitment to job creation through agriculture value chain Sanwo-Olu charges cabinet, officials to brace up for optimum performance I never accused NAN staff of fraud, says Lagos NUJ Chairman Navy deploys 6 warships for special military operation in 4 states Obiano inaugurates 18-member task force on human trafficking, irregular migrationar migration Buhari congratulates Plateau Dep. Gov. Tyoden at 70 Barbados tourism expert advises African operators on innovation Ramaphosa urges UN to take decisive action against racism Ex-governor Yari administration diverted N10.8bn for university project – Commissioner  Buhari consoles with Borno on loss of two Emirs Suspect wanted by FBI for $6m scam surrenders to EFCC — Official Lagos govt to train medical records personnel for effective service delivery AbdulRazaq updates Buhari on Kwara flood disaster, seeks FG support   Flood: NASG distributes relief materials to victims in 45 communities UN commends FG on improvement of humanitarian access in North-East Gov. Ganduje inaugurates NYSC governing board 8 states yet to implement new minimum wage – TUC COVID-19: We’ve flattened the curve, says Gov. Ganduje Silverbird Group to establish cinema outlets in Ebonyi FG alleges that multinationals companies drill for water without approval Electricity/Fuel pump hike: NLC insists on nationwide protest LASG receives 107,546 CA-COVID food palliative packs At UNGA, AU chairman solicits ‘comprehensive stimulus package’ for Africa Sanusi calls for diversification of economy to address poverty, inequality Food Council to ensure reduction in fertiliser price – Gov. Bagudu Kwara Assembly urges Gov AbdulRasaq to assist rainstorm victims I’m loyal to APC, not factions, says chieftain in Ibadan Oyo govt re-awards 9.7km Saki township road for N4.7bn Suarez language exam for Italian citizenship rigged, prosecutors insist Runsewe urges youths to uphold cultural values Late Emir of Zazzau was a father to all – NDA Spurs’ League Cup match called off due to COVID-19 cases at Orient Mixed reactions trail CBN‘s MPR cut 40 coys bid for NEPZA constituency projects Bale may extend Spurs’ stay beyond loan spell, agent says Minister urges fertilizer dealers to work in line with Fertilizer Act IBEDC apologises to customers over poor electricity supply NAICOM urges state govts to domesticate compulsory life insurance, others for citizens Minister advocates return of state sports festivals to enhance athletes’ competitiveness PMAN congratulates King Sunny Ade at 74 FRC partners agencies on monitoring, evaluation, project verification TETFUND pledges support to Kogi confluence university King of Jordan, Abdullah seeks end to Palestinian-Israeli conflict Economic recovery: CBN reduces Monetary Policy Rate LASWA, Ibile Oil & Gas collaborate to enhance ferry services in Lagos  IBEDC appeals to Mowe, Ibafo, Magboro customers over poor electricity supply