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Ivory Coast says chocolate traders failing to pay farmers living wage premium
Major chocolate traders in Ivory Coast are failing to pay a $400-per-tonne premium on beans aimed at curbing farmer poverty, the country’s cocoa regulator said in a draft letter seen by Reuters on Friday. The Coffee and Cocoa Council (CCC) said companies including Mondelēz International Inc(MDLZ.O) were offsetting the Living Income Differential (LID) by offering a negative country differential – normally a premium of 70 to 150 pounds ($99-$212) per tonne to reflect the quality of Ivory Coast’s beans. Mondelēz said it was paying the full LID. “(Mondelēz) does not offer or have any influence over negative country differentials,” the company said in a statement to Reuters. Buyers have been pressing for the country differential to be turned into a country discount, so farmers receive the extra...
Abia governor: Education the best way to fight insecurity
Governor Okezie Ikpeazu of Abia state has described education as the best tool to change the mindsets of the youths and fight insecurity in the land. Speaking at the Grand finale of schools quiz competition organized by a Non Governmental Organization (NGO), Ray Nkemdirim Foundation in Umuahia, Ikpeazu said education play a pivotal role in shaping the youths positively for the future. Ikpeazu, represented by the Secretary to State Government (SSG), Chris Ezem, said dedication to education and hard work were the only route to success. While urging students to be studious and spend lesser times on unnecessary things, Ikpeazu challenged parents to always work hard in training their children and not depend only on teachers. He commended the organizers of the schools quiz competition and urged ...
Nigerian government approves N9.2 billion premium for civil servants’ life insurance
The Federal Executive Council (FEC) has approved the sum of N9.2billion as premium to insurance companies that will manage the group life insurance for federal civil servants in the country. Minister of Information and Culture Lai Mohammed revealed this when he briefed State House correspondents on the outcome of the Council meeting which was presided over by President Muhammadu Buhari in Abuja on Wednesday. He said: “On behalf of the Head of Civil Service of the Federation, I will like to report that council today approved the award of contract for the appointment of insurance companies for group life assurance for federal government employees, public servants, para-military and the intelligence community for the year 2021-2022 in the sum of N9, 248. 995, 907. “This premium is for a perio...
Manchester City willing to break £100 million barrier to sign Aston Villa skipper
Manchester City are willing to break the £100m barriers to sign Aston Villa captain Jack Grealish. The Daily Mail says Grealish has long been admired by Pep Guardiola and City’s manager wants the 25-year-old at the hub of what he hopes he will become the second great team of his reign in Manchester. Villa rewarded Grealish last September with a lucrative new contract and the club captain still has four years to run on his deal. His importance to Dean Smith’s side is huge and, as such, they would not entertain selling their local hero for anything less than a new British transfer record. City have not had the most expensive player in the Premier League since they signed Robinho for £32.5m at the start of the Abu Dhabi era in September 2008 but there is recognition that recruiting Grealish w...
Lagos inaugurates six-man governing board for alternative high school for girls
Lagos State Government has inaugurated a six-member Governing Board for Alternative High School for Girls In Aboju area of the state. The moves aimed at promoting the growth of both formal and informal education in the state. The state government, therefore, in demonstration of its commitment to full implementation of its mass literacy policy, charged the board to ensure that the school continues to excel in all its activities while sustaining its current impressive standard. The Special Adviser to Governor Sanwo-Olu on Education, Barrister Tokunbo Wahab, inaugurated the board. Wahab, who was represented by the Permanent Secretary, Mr Adeniran Kasali, stated that the government carefully selected technocrats with diverse experience and achievements in education and public service to let th...
Rivers governor commiserates Akwa Ibom over death of PDP, PANDEF chairmen
Rivers State Governor, Nyesom Wike has commiserated with the governor of Akwa Ibom State, Mr Udom Emmanuel over the recent loss of prominent indigenes of the state. Wike described the death of the State Chairman of the People’s Democratic Party, PDP, Mr Udo Ekpenyong and the Director-General of Governor Emmanuel’s two terms Divine Mandate organization and Chairman of Pan Niger Delta Forum, PANDEF, Air Commodore Idongesit Nkanga rtd., as a grave loss not just to Akwa Ibom State but the entire South-South region and the party which, he said, is Nigeria’s hope. The Rivers State Governor who was on a condolence visit to Governor Emmanuel at Hilltop Mansion, Government House Uyo, on Thursday said what touches Akwa Ibom touches Rivers state. Hear him, “what I came here is that the Governor Udom ...
Fulham shock Leicester to go out of relegation zone
Fulham climbed out of the Premier League relegation zone after finally solving their penalty woes in a shock 2-1 win at Leicester on Monday. Scott Parker’s side won for just the second time in the league this season thanks to Ademola Lookman’s opener and Ivan Cavaleiro’s penalty. Fulham had missed three of their four previous penalties this term, but Cavaleiro held his nerve to convert from the spot for the crucial second goal. It was an emotional success for the Cottagers, with Lookman celebrating his goal by displaying one of Papa Bouba Diop’s Senegal shirts after Fulham’s former midfielder died aged 42 at the weekend. Harvey Barnes scored for Leicester in the closing minutes, but Fulham held on and move one point above the bottom three. It was only Fulham’s second away win in the past 2...
NAPTIP chief decries high rate of out-of-school girls
The Director-General of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), Mrs Julie Okah-Donli, has decried the rate of out-of-school girls in the country. The post NAPTIP chief decries high rate of out-of-school girls appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
NAICOM releases guidelines of minimum paid-up share capital for insurance companies
File Photo The National Insurance Commission (NAICOM) on Tuesday released guidelines for the payment of Minimum Paid-up Share Capital by insurance and re-insurance companies in compliance with the first phase recapitalistion directive deadline of Dec. 31. Mr Pius Agboola, Director, Policy and Regulations, NAICOM, for the Commissioner of Insurance, said that the guidelines were in furtherance to the commission’s earlier circulars referenced /25/2019, dated May 20, 2019, July 23, 2019 and December 30,2019 respectively on the subject matter. Agboola said that the minimum paid-up share capital shall be through any or a combination of either and existing paid-up share capital, cash payment for new shares, retained earnings – capitalisation of undistributed profits. He listed also payment in kin...
