Akeem Reachnaija

Akeem ReachnaijaMarch 19, 2019
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5min240

The Enugu State Executive Council (EXCO) in keeping with Gov. Ifeanyi Ugwuanyi’s commitment to full implementation of the 2019 budget for the advancement of the cause of development, has awarded multiple contracts for the construction/ reconstruction of urban and rural roads, and 263 classroom blocks.

The council also approved the purchase of 22,150 set of lockers and chairs for students; 1,228 set of tables and chairs for the teachers; 1, 130 marker boards for teaching and 1,960 ceiling fans for conducive learning environment.

The administration equally awarded contract for the construction of a state-of-the-art administrative block at the new site of the Enugu State University of Education, Ihe, in Awgu Local Government Area, as the first significant step towards the relocation of the school from G.R.A Enugu to the permanent site.

Briefing newsmen on the outcome of the council’s meeting, the Commissioner for Education, Prof. Uche Eze, added that the council approved the purchase of two Hilux vans for effective monitoring and supervision of the projects, and disclosed that the construction of classrooms and procurement of facilities will cost the sum of N4billion.

Prof. Eze, who explained that the projects will be executed under the Enugu State Basic Education Board (ENSUBEB), revealed that “the state government has already contributed its counterpart fund which led to the drawdown of the Universal Basic Education Commission (UBEC) fund”.

He disclosed that the construction of the administrative block at Ihe, will cost the sum of N162,913,167.90, adding that when completed, activities and the processes of obtaining relevant approvals from the National University Commission (NUC) will commence.

The education commissioner further disclosed that the building “will not only accommodate the Vice Chancellor’s office and the Registrar’s office, it will also accommodate the Council Chamber, the Office of the Pro-Chancellor and other offices that will ensure the kick off of smooth administration”.

He pointed out that “His Excellency has shown full commitment to the take off of the University”, stressing: “That structure is a very first significant step and before long, the University will take off fully”.

On road projects, the Commissioner for Works and Infrastructure, Engr. Greg Nnaji, stated that in line with the governor’s promise in the 2019 budget for “better urban, inter-local government and community road infrastructure”, the council equally approved the construction/reconstruction of Carter street, Asata, Enugu; Aludele road, Nsukka; Bishop Court road, Awgu; Access road to Igbo Ano Specialist Hospital, Igbo Ano, and failed culvert, pavement and surfacing at Onuiyi road, Nsukka adjacent to Zik’s residence, totaling N544.795, 992.68.

Other approvals obtained, according to the works and infrastructure commissioner, was for his ministry to commence “engineering studies and design” of Oji River and Nsukka modern township stadia for Enugu West and Enugu North Senatorial Districts respectively; pre-contract documentations for the construction of state secretariat annex at Nsukka satellite town; revalidation of contract for consultancy services for Geographic Information Systems (GIS) Based Bridges and roads inventories and mapping of Enugu State; revalidation of the contract for the consultancy services for engineering design, Environmental and Social Impact Assessment (ESIA), procurement support and construction supervision of the second phase of rural roads in the state won by Umar Munshi Associates/Allot Nig. Ltd; and engagement of a Technical Assistant (TA) on Infrastructure and contract management for Enugu RAMP-2”.

Another highlight of the briefing was the approval for the recruitment of 52 personnel, namely 4 Fire Officers, 24 Fire Lead Men and 24 Fire Men, for the State Fire Service to man the five newly built stations across the three senatorial districts of the state, for efficient and effective discharge of duties.


Akeem ReachnaijaMarch 19, 2019
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3min170

A director at the Ikeja, Lagos-based Shi Shi Chinese Restaurant has said that the outlet caters to only gentlemen, rather than to everyone.

He added that, globally, Chinese restaurants are never open to “every Tom, Dick and Harry.”

The PUNCH had done a story based on a social media post that claimed that the Shi Shi Chinese Restaurant located on 21B, Emina Crescent, Off Toyin Street, Ikeja, Lagos, does not admit Nigerians.

Our Correspondent who visited the restaurant on Tuesday morning reported that he was accosted at the gate by a security guard wearing Army combat camouflage and prevented him from entering the restaurant.

The Nigerian security man told our Correspondent that he acted on instructions.

However, our Correspondent later introduced himself, and left his business card for the restaurant’s spokesperson when he was told that nobody was available to speak with him.

The restaurant director, a Nigerian who introduced himself as Mr. Niyi Adegbite, called our Correspondent after The PUNCH had published its findings, and declared that, generally, “all over the world, Chinese restaurants are not open to every Tom, Dick and Harry.”

He did claim, however, that the Shi Shi Chinese Restaurant was open to the public.

When asked if Nigerians were allowed to patronise Shi Shi, Adegbite said, “Not really.” He then went on to make clarifications.

According to him, there are two sections in the restaurant — a regular one and one that is strictly for Chinese.

Adegbite said, “I want to debunk all the allegations. The restaurant is open to everyone. But you know, Chinese restaurant is not for every Tom, Dick and Harry. Nobody can just enter.

“Come, and I will conduct you round the restaurant. I’m a Nigerian and how can I prevent my fellow people from entering in? But, of course, it’s for gentlemen, not for everyone.”

When asked how the restaurant defines a gentleman, Adegbite said, “The restaurant is divided into two sections. There is one open to the public and there is one called Hot Spot.

“The Hot Spot is where you enter and cook on your own. All the ingredients are made available. But it’s only for Chinese nationals.

“Maybe it’s this one that some people tried entering and were disallowed and is now causing the outcry.”

Our Correspondent maintained that he was not allowed to step into the restaurant, as he was turned back at the entrance to the premises.

He added that he had only heard of two sections from Mr. Adegbite.

 

THE PUNCH


Akeem ReachnaijaMarch 19, 2019
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1min210
Five Star music act, Kcee and his brother Emoney paid a courtesy visit to the governor-elect of Imo State, Emeka Ihediaoha.

Kcee wrote, ‘It’s a new dawn Imolities, and we are feeling good. congratulations Rt Hon Emeka ihiedioha the Governor elect of imo state. Mbaise Nwere Mmadu. Mbaise to the world. It’s always nice with you at home. you are such a wonderful host’.


Akeem ReachnaijaMarch 19, 2019
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2min180
An American lady has threatened to report Nigerian rapper, Michael Stephens, aka Ruggedman, to the Federal Bureau of Investigation (FBI) over allegations of fraud.

The lady identified as @Coleendupri on Instagram alleged that the musician swindled her of money.

Ruggedman revealed the allegations by the American, and shared screenshots of conversations he had with the woman via IG direct message.

The musician has however denied the allegations, saying some fraudsters may have used his pictures to scam the woman.

See screenshot between rugged man and the woman below:


Akeem ReachnaijaMarch 19, 2019
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1min100

Unai Emery will not sanction a permanent deal for Barcelona midfielder, Denis Suarez, the UK Sun reports.

Instead, Emery is targeting alternative transfers for the summer.

Suarez, 25, joined the Gunners on loan during the January transfer window, but has only made six appearances as a substitute.

Arsenal have the option to buy Suarez for £18 million when his loan deal finishes at the end of the season.

However, Emery feels Suarez has been unable to cope with the physicality of the Premier League and is already looking at other options in the transfer market.


Akeem ReachnaijaMarch 19, 2019
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5min90
Access Bank Plc (“Access Bank” or the “Bank”) – a leading Nigerian multinational commercial bank – is
pleased to announce the issuance of a 5-year Fixed Rate Senior Unsecured N15,000,000,000 Green Bond (‘’the Green Bond Issuance” or ‘’the Issue”); the first ever Climate Bonds Standard fully certified corporate Green Bond to be issued in Africa.
The 5-year Fixed Rate Senior Unsecured Green Bond has been awarded an Aa- rating by Agusto & Co, the underlying framework verified by PwC (UK) and the Bonds certified by the Climate Bonds Initiative as having met the global Climate Bonds Standard. The offer for the Green Bonds was achieved by way of a Book Build which was fully subscribed. The Bonds priced at a coupon of 15.5%, with participation from a wide range of asset managers and pension fund administrators.
The management of Access Bank had, in anticipation of the Issuance, launched the Nigerian Green Bond Market Development Programme in June 2018, in partnership with FMDQ OTC Securities
Exchange and the Securities & Exchange Commission.
Access Bank supports the global climate change mitigation and adaptation agenda and seeks to promote responsible green lending globally. The Green Bond Issuance demonstrates the Bank’s commitment to sustainable operational practices and being a pioneer operator, both in domestic and international capital markets, Access Bank views the global drive for responsible and sustainable green financing as an opportunity to raise capital for the creation of assets through climate change financing.
The Bank has a strong track record in deploying environmental and social risk management tools, partnering with local and international agencies to deliver a greener outcome from investing activities.
Over the last five years, the Bank has pioneered various resource conservation programmes in water usage, energy consumption and waste recycling, aimed at reducing carbon emissions. It is worthy to note that all the Bank’s sustainability efforts are well aligned with the Federal Government’s Nationally Determined Contributions (NDCs), the UN Sustainable Development Goals (SDGs), the Economic Recovery and Growth Plan (ERGP) and Vision 2020:20.
The quality of the Bank’s contributions to sustainable financial practices is also evident in the increasing local and international awards and accolades received, which include – Karlsruhe Sustainable Finance Award for Outstanding Business Sustainability & Outstanding Sustainability Leader (2018); Euromoney Award for Africa’s Best Bank for Corporate Social Responsibility (2018); Global Finance Awards for Most
Sustainable Bank in Nigeria (2018) and Central Bank of Nigeria Sustainability Award(s) for Sustainable
Bank of the Year (2017).
Speaking on this landmark Issue, the Bank’s Group Managing Director, Mr. Herbert Wigwe said:
“With our pace-setting experience in the mainstreaming of sustainability in our business operations, we are confident that this issue with further help in supporting environmentally friendly investors to meet their investment objectives whilst simultaneously supporting the Bank’s customer towards
realizing growth opportunities in fast-developing low carbon economy”.
The new funding will be directed towards financing new loans and refinancing existing loans in accordance with the Bank’s Green Bond Framework, and support projects directed at Flood Defense, Solar Generation facilities and Agriculture.
Chapel Hill Denham was the Lead Issuing House on the Green Bond Issuance, whilst the Joint Issuing House was Coronation Merchant Bank.


Akeem ReachnaijaMarch 19, 2019
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3min130

The Mercedes-Benz S-Class, formerly known as Sonderklasse  (German for “special class” and abbreviated as “S-Klasse” ) is a series of full-sized luxury flagship vehicles produced by the German automaker Mercedes-Benz.

Apart from being the first car in Europe to incorporate airbags and three point seatbelts,it has also pioneered many of the company’s latest innovations, including drivetrain technologies, interior features, and safety systems. Predecessor models includes the W180 ,W111 and the larger W108.

The top-of-the-line car and one time World’s best-selling luxury sedan has been manufactured through the years by many parents that includes Daimler-Benz  ( 1972-1998), DaimlerChrysler from (1998-2007) and Daimler AG (2007 to present).

Below are the models we’ve seen so far since its official introduction forty-seven years ago.

1) First generation W116 (1972–1980)

Also called 280S, 280SE, 280SEL, 350SE, 350SEL, 450SE, 450SEL, 300SD

2) Second generation W126 (1980–1991)

Also called 260/280/300/380SE/SEL, 420/500/560SE/SEL/SEC, 300/350SD/SDL

3) Third generation W140/C140 (1991–1998)

Also called 300SE/SEL, 400/500/600SEL, 500/600SEC, 300SDL, 350SDL (1991-1993)
S280/300/320/320L/420/420L/500/500L/600/600L (1993-1998)

4) Fourth generation W220 (1998–2005)

Also called S280, S320, S320 CDI, S400 CDI, S350, S430, S500, S600, S55, S63, S65

5) Fifth generation W221 (2006–2013)

Also called S250 CDI, S300, S350 (BlueEFFICIENCY, BlueTEC), S400 HYBRID, S450, S550(500), S600, S320/S420 CDI, S63, S65

6) Sixth generation W222/C217/A217 (2014–present)

Today’s S-Class previews the future of driving. It can change lanes with a tap of your finger,slow itself for a tollboth or exit,surn a traffic jam into easy street,and watch out for danger ahead, even when it’s coming from behind.


Akeem ReachnaijaMarch 19, 2019
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2min100

Enyimba technical adviser, Usman Abd’Allah has expressed worry over his team’s inability to score goals in their recent outings.

The Peoples’ Elephant forced Sunshine Starsto a barren draw in a Nigeria Professional Football League match at the Akure Township Stadium over the weekend and while the away point is pleasing to Abd’allah, the gaffer is growing grey hairs that the goals are not just coming through for his team.

“It is a kind of bitter, sweet, sour kind of emotion; but I’m happy with the draw,” the coach told the media as he reflected on the trip to Akure.

The Enyimba defence has been a solid one lately not conceding in any of their last five matches.

While the Aba Landlords seem to have found the right mix at the back, it is a complete departure upfront where the seven-time league champions have failed to score in three of their last five games, and Abd’Allah rightly admits that there’s is still a lot of work to be done to arrest the dangerous development.

He said: “Now we have to go back again and start scoring again because at the beginning of the season we were scoring and conceding then we came back, not scoring and not conceding.

“The defence is doing well but we still have to get some bite in the attack because we only have Bashir (Abdulrahman) with four goals and Mustapha with one and three assists, so we need our strikers to keep on scoring goals. They have to keep on scoring goals. The defence is a little bit stabilised, but still, we have a lot of work to do in defence.”


Akeem ReachnaijaMarch 19, 2019
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1min120

Jose Mourinho believes Kylian Mbappe’s age and “incredible” ability makes him more valuable than even Lionel Messi and Cristiano Ronaldo.

Paris Saint-Germain star Mbappe has lifted the World Cup, won Ligue 1 twice, scored 55 top-flight goals and been voted fourth in the Ballon d’Or all before his 21st birthday.

And it is his youth that former Manchester United manager Mourinho views as the critical difference when comparing his worth in the transfer market to Barcelona captain Messi, 31, and Juventus talisman Ronaldo, 34.

“For a player like Mbappe, when you speak about the future, you don’t need to say what he’s going to be like in five years’ time, in 10 years’ time,” Mourinho told beIN Sports.

“Just focus on now. He’s absolutely incredible.

“I think going by his age and [and considering] the age of Cristiano, of Messi, [both] over 30, Neymar is 27… when you go to the market level and age is also a factor, I think he’s the most valuable player in the world.

“In a hypothetical transfer, he’s the most expensive player in football now.

“In terms of his qualities, [he is] unbelievable. One word is enough. It means everything.”


Akeem ReachnaijaMarch 19, 2019
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2min120

Zlatan Ibrahimovic has revealed the quality of football in the Premier League was exactly as he expected when he signed for Manchester United – overrated.

After leaving his native Sweden, Ibrahimovic played four seasons in the Netherlands’ Eredivisie, seven seasons in Italy’s Serie A, four seasons in France’s Ligue 1 and a year in Spain’s La Liga, winning 12 domestic titles in total.

The 116-cap Sweden international finally made the move to the English top flight in July 2016, aged 34, and he explained how he anticipated he would need to adjust to the Premier League.

“It was exactly like I thought it was,” Ibrahimovic told the Mirror.

“It was very hyped, it was very intense, the pace was very high, it was good but the quality is a bit over-rated.

“Over-rated from a technical point of view. But it is high pace and intense and if you cannot handle those two things, you cannot survive.

“I don’t regret not having longer in the Premier League. I think everything that happens was meant to happen.

“The only thing is imagine if I came 10 years before I came.

“It would be a different story. But I am more sorry for the fans for not coming earlier because they would have seen a different animal.”