MGA Entertainment Initiates Merger with Zapf Creation AG

LOS ANGELES and RÖDENTAL, Germany, Oct. 09, 2023 (GLOBE NEWSWIRE) — MGA Entertainment, Inc. (MGA), one of the world’s largest and fastest growing privately held toy and entertainment companies, announced today that it intends to merge with Zapf Creation AG, Europe’s leading manufacturer of nurturing dolls. Specifically, MGA’s wholly-owned German subsidiary, which is the current direct major shareholder of Zapf Creation AG, has approached Zapf with an invitation to enter into negotiations of a merger agreement. MGA and Zapf Creation AG have had a collaborative business relationship for the sales and distribution of both companies’ brands for nearly 20 years. The merger is expected to close in Spring 2024.

No further details are available at this time; however, the leadership of the companies will work closely to plan the merger and will make appropriate announcements as information becomes available.

About MGA, Entertainment, Inc.
MGA Entertainmentis one of the largest and fastest growing privately held toy and entertainment companies in the world. Headquartered in Los Angeles with offices globally, the company creates innovative, proprietary, and licensed consumer products and entertainment properties, including toys, games, dolls, apparel, consumer electronics, home décor, stationery, sporting goods, movies, and television series. The MGA family includes award-winning brands such as L.O.L. Surprise!™, Little Tikes®, Rainbow High™, Bratz®, MGA’s Miniverse™, Fluffie Stuffiez™, Na! Na! Na! Surprise™, Micro Games of America™, BABY born®, and Zapf Creation®. For more information, please visit us at www.mgae.com or check us out at LinkedIn, Threads, Instagram and Facebook.

About Zapf Creation AG
Zapf Creation AG is Europe’s leading manufacturer of nurturing dolls and a global brand supplier of children’s toys. The company develops and sells premium play concepts, as well as play and functional dolls with extensive accessories that are famous all over the world. This also includes an increasing number of products from other toy categories. All Zapf Creation brands share the same high standards of quality, design, safety, and play value. For more information, please visit www.zapf-creation.com.

Media Contact:
Alan Hilowitz
Vice President, Global Corporate Communications
MGA Entertainment, Inc.
+1.818.221-4431
news@mgae.com

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eXp Realty Convida Veterano de Imóveis Bryon Ellington para Revolucionar Aprendizagem Voltada para o Agente

Líder premiado em desenvolvimento de negócios e de operações atuará como Diretor de Aprendizagem nesta função recém-criada

BELLINGHAM, Wash., Oct. 09, 2023 (GLOBE NEWSWIRE) — A eXp Realty®, “the most agent-centric real estate brokerage on the planet™” e a principal subsidiária da eXp World Holdings, Inc. (Nasdaq: EXPI), anunciou hoje a nomeação de Bryon Ellington como Diretor de Aprendizagem, responsável pelo desenvolvimento de treinamento e coaching personalizado e voltado para agentes.

Ellington, profissional com mais de 20 anos de experiência em imóveis e coaching, traz um vasto conhecimento e experiência para a eXp Realty. Ele se concentrará no desenvolvimento de treinamento voltado para agentes de todos os níveis, estabelecendo um novo padrão de sucesso no setor imobiliário.

“A dedicação de Bryon ao sucesso do agente se alinha perfeitamente aos nossos valores, e ele se destaca por impulsionar o crescimento e novos fluxos de receita”, disse Glenn Sanford, Fundador e CEO da eXp Realty. “Sob sua liderança, a eXp Realty se tornará a principal corretora de treinamento, com foco em oferecer a melhor instrução e recursos para ajudar nossos agentes a se destacarem. Ao longo da sua carreira, Bryon ajudou vários agentes a serem altamente elogiados, a aumentarem suas métricas de produtividade e expandirem seus negócios.”

Ellington dedica-se a ajudar empreendedores do setor imobiliário a conquistar negócios além dos seus sonhos. “Estou muito contente em fazer parte da equipe da eXp Realty e de poder contribuir para sua missão de capacitar os agentes a atingirem todo o seu potencial”, disse ele. Com a eXp, tanto um agente novo como um que lidera uma equipe enorme pode continuar a expandir seus negócios para exceder seus objetivos.”

A impressionante carreira de Ellington inclui funções executivas notáveis, mais recentemente como Diretor de Operações e Diretor de Desenvolvimento da Century 21. Ele também ocupou cargos na Keller Williams, como Diretor de Produtos e na KW Worldwide, como Diretor de Operações da divisão de Franchising Internacional. Além disso, ele atuou como Diretor de Aprendizagem, onde suas realizações lhe renderam a distinção de ganhar o prêmio T125 Top Training Companies da revista Training durante quatro anos consecutivos, além de entrar para o Hall of Fame.

No início da sua carreira, na Anywhere (Realogy), ele criou e liderou com sucesso as divisões de treinamento e coaching para todas as marcas de franquia e operações de propriedade da empresa.

Sobre a eXp World Holdings, Inc.
A eXp World Holdings, Inc. (Nasdaq: EXPI) é a holding da eXp Realty®, Virbela® e SUCCESS® Enterprises.

A eXp Realty é a maior empresa imobiliária independente do mundo, com mais de 89.000 agentes nos Estados Unidos, Canadá, Reino Unido, Austrália, África do Sul, Índia, México, Portugal, França, Porto Rico, Brasil, Itália, Hong Kong, Colômbia, Espanha, Israel, Panamá, Alemanha, República Dominicana, Grécia, Nova Zelândia, Chile, Polônia e Dubai além de continuar a crescer em todo o mundo. Como uma empresa de capital aberto, a eXp World Holdings oferece aos profissionais do setor imobiliário a oportunidade única de ganhar prêmios de capital por metas de produção e contribuições para o crescimento geral da empresa. A eXp World Holdings e suas empresas oferecem um conjunto completo de soluções tecnológicas de corretagem e imobiliária, incluindo seu inovador modelo de corretagem residencial e comercial, serviços profissionais, ferramentas colaborativas e desenvolvimento pessoal. A corretora na nuvem tem por base a Virbela, uma plataforma 3D imersiva profundamente social e colaborativa, que permite que os agentes sejam mais conectados e produtivos. A SUCCESS® Enterprises, ancorada pela revista SUCCESS® e seus ativos de mídia, foi fundada em 1897 e é uma marca e publicação líder em desenvolvimento pessoal e profissional.

Para mais informação, visite https://expworldholdings.com.

Declaração de Previsão

As declarações de previsão contidas neste documento, podem incluir expectativas futuras ou outras declarações de previsão que têm por base a atual opinião e suposições da administração que envolvem riscos e incertezas conhecidos e desconhecidos que podem fazer com que os resultados reais sejam substancialmente diferentes dos resultados previstos. As declarações de previsão são válidas apenas a partir da presente data, e a empresa não tem nenhuma obrigação de atualizar ou revisar tais declarações. Tais declarações não são garantias de desempenho futuro. Fatores importantes que podem fazer com que os resultados reais sejam material e adversamente diferentes dos expressos nas declarações de previsão incluem, mudanças nos negócios ou outras condições de mercado; dificuldade de manter o crescimento das despesas em níveis modestos e, ao mesmo tempo, de aumentar a receita; e outros riscos detalhados ocasionalmente nos registros da Comissão de Valores Mobiliários da empresa, incluindo, mas não se limitando ao Relatório Trimestral protocolado mais recentemente no Formulário 10-Q e no Relatório Anual no Formulário 10-K.

Contato de Relações com a Mídia:

eXp World Holdings, Inc.

mediarelations@expworldholdings.com

Contato de Relações com Investidores:

Denise Garcia

investors@expworldholdings.com

Foto deste comunicado disponível em: https://www.globenewswire.com/NewsRoom/AttachmentNg/ba1c70f4-dd70-43ad-b440-7b1197f7200d

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eXp Realty s’appuie sur Bryon Ellington, professionnel chevronné de l’immobilier, pour révolutionner l’apprentissage axé sur les agents

Le leader primé du développement des affaires et des opérations va occuper la fonction de directeur de l’apprentissage dans ce poste nouvellement créé

BELLINGHAM, État de Washington, 09 oct. 2023 (GLOBE NEWSWIRE) — eXp Realty®, cabinet de courtage immobilier le plus axé sur les agents de la planète (« the most agent-centric real estate brokerage on the planet™ ») et filiale principale d’eXp World Holdings, Inc. (Nasdaq : EXPI), a annoncé aujourd’hui la nomination de Bryon Ellington au poste de directeur de l’apprentissage, responsable du développement de formations et de coachings personnalisés axés sur les agents.

M. Ellington, professionnel chevronné ayant plus de 20 ans d’expérience dans l’immobilier et le coaching, apporte une mine de connaissances et d’expertise à eXp Realty. Il se concentrera sur le développement de la formation axée sur les agents à chaque niveau, établissant un nouveau standard de réussite dans le secteur de l’immobilier.

« Le dévouement de M. Bryon Ellington envers la réussite des agents s’aligne parfaitement sur nos valeurs, et il excelle dans la stimulation de la croissance et les nouvelles sources de revenus », a déclaré Glenn Sanford, fondateur et PDG d’eXp Realty. « Sous sa direction, eXp Realty va devenir le courtier leader en formation, se concentrant sur l’offre de la meilleure éducation et des meilleures ressources qui aideront nos agents à exceller. Tout au long de sa carrière, M. Bryon Ellington a aidé de nombreux agents à recevoir des distinctions incroyables, à augmenter les indicateurs de productivité et à développer leurs activités. »

La passion de M. Ellington est d’aider les chefs d’entreprise du secteur de l’immobilier à développer leurs activités au-delà de leurs rêves. « Je suis ravi de rejoindre l’équipe d’eXp Realty et de contribuer à sa mission consistant à donner aux agents les moyens d’atteindre leur plein potentiel », a-t-il indiqué. « Que vous soyez un nouvel agent ou que vous dirigiez une vaste équipe, avec eXp, vous pouvez continuer à développer votre entreprise pour dépasser vos objectifs. »

Lors de sa carrière professionnelle impressionnante, M. Ellington a occupé des fonctions de direction remarquables, à savoir le plus récemment celles de directeur de l’exploitation et de directeur du développement chez Century 21. Il a aussi travaillé chez Keller Williams, en tant que directeur des produits et directeur d’exploitation de la division KW Worldwide International Franchising. Par ailleurs, il a occupé le poste de directeur de l’apprentissage, où ses réussites lui ont valu de remporter le prix T125 Top Training Companies du Training Magazine pendant quatre années consécutives, ainsi que d’être intronisé au Temple de la renommée.

Plus tôt dans sa carrière, chez Anywhere (Realogy), il a créé et dirigé avec succès les divisions de formation et de coaching pour toutes les marques de franchise de l’entreprise et ses propres opérations.

À propos d’eXp World Holdings, Inc.
eXp World Holdings, Inc. (Nasdaq : EXPI) est la société holding d’eXp Realty®, Virbela® et SUCCESS® Enterprises.

eXp Realty est la plus grande société immobilière indépendante dans le monde avec plus de 89 000 agents aux États-Unis, au Canada, au Royaume-Uni, en Australie, en Afrique du Sud, en Inde, au Mexique, au Portugal, en France, à Porto Rico, au Brésil, en Italie, à Hong Kong, en Colombie, en Espagne, en Israël, au Panama, en Allemagne, en République dominicaine, en Grèce, en Nouvelle-Zélande, au Chili, en Pologne et à Dubaï, et elle continue de se développer à l’échelle internationale. En tant que société cotée en bourse, eXp World Holdings fournit aux professionnels immobiliers l’opportunité unique d’obtenir des primes en actions en fonction de leurs objectifs de production et de leur contribution à la croissance globale de l’entreprise. eXp World Holdings et ses entreprises offrent une gamme complète de solutions technologiques en matière de courtage et d’immobilier, y compris son modèle innovant de courtage résidentiel et commercial, ses services professionnels, ses outils de collaboration et le développement personnel. Le service de courtage basé sur le cloud est alimenté par Virbela, une plateforme 3D immersive profondément sociale et collaborative, permettant aux agents d’être plus connectés et productifs. SUCCESS® Enterprises, ancrée par le magazine SUCCESS® et ses propriétés médiatiques connexes, a été créée en 1897 et est une marque ainsi qu’une publication de premier plan dans le domaine du développement personnel et professionnel.

Pour tout complément d’information, veuillez consulter le site https://expworldholdings.com.

Énoncés prospectifs

Les énoncés contenus dans les présentes peuvent inclure des énoncés de futures attentes et d’autres énoncés prospectifs se basant sur les opinions et suppositions actuelles de la direction et impliquent des risques connus et inconnus ainsi que des incertitudes pouvant causer une différence substantielle entre les résultats, performances ou événements réels et ceux exprimés ou sous-entendus dans ces énoncés. Ces énoncés prospectifs sont valables uniquement à la date indiquée dans les présentes, et la société n’assume aucune obligation de les réviser ou de les mettre à jour. Ces énoncés ne sont pas des garanties de performances futures. Des facteurs importants pouvant causer une différence substantielle et défavorable entre les résultats réels et ceux exprimés dans les énoncés prospectifs comprennent les changements commerciaux ou d’autres conditions du marché ; la difficulté de maintenir la hausse des dépenses à des niveaux modestes tout en augmentant les recettes ; et les autres risques détaillés de temps à autre dans les dépôts de la société auprès de la Securities and Exchange Commission, y compris, sans s’y limiter, le rapport trimestriel le plus récemment déposé sur formulaire 10-Q et le rapport annuel sur formulaire 10-K.

Contact des relations avec les médias :

eXp World Holdings, Inc.

mediarelations@expworldholdings.com

Contact des relations avec les investisseurs :

Denise Garcia

investors@expworldholdings.com

Une photo accompagnant ce communiqué de presse est disponible à l’adresse https://www.globenewswire.com/NewsRoom/AttachmentNg/ba1c70f4-dd70-43ad-b440-7b1197f7200d

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Angolan Minister defends protection of natural diamonds

The Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, on Monday in Luanda defended the alignment between natural diamond producing countries to improve the management and protection of this type of precious stones.

Speaking at the opening of the meeting of the Ad-hoc Committee for the Review and Reform of the Kimberley Process Certification System, he stressed the need to better organise, from an environmental and management point of view, to reduce capital and operating costs, as well as to better promote natural diamonds.

“In our specific case, we are adding value to natural diamonds by cutting and polishing them. These are the measures we have to take and, in addition, continue to protect the natural diamond itself, with the producing countries being more aligned,” the Minister said.

Regarding the meeting of the Ad-hoc Committee, he said that it was taking place at a difficult time for the natural diamond industry and also in the face of some situations aimed at promoting synthetic diamonds.

“We need to be more aligned, all the countries that produce natural diamonds, so that we can defend our cause in the face of this whole situation that is going on now,” he said.

“It’s not enough for us to just bemoan the fact that synthetic diamonds are out there. We have to take measures at all levels, both in terms of the environment, money laundering, illegal exploitation of natural diamonds and the way we carry out mining activities,” Diamantino Azevedo emphasised.

He added that it was necessary to improve the way we manage and produce diamonds and to reduce costs in order to adapt to the new situation.

Diamantino Azevedo reaffirmed the Angolan government’s commitment to the United Nations certification mechanism for conflict prevention.

The meeting of the Ad-Hoc Committee for the Review and Reform of the Kimberley Process Certification System is taking place from 9 to 10 October, with representatives from Kimberley Process member countries, industry and civil society.

At this event, the attendants are evaluating the proposals to be presented by the heads of the sub-working groups, as well as taking stock of the activities carried out by these sub-working groups during the first half of this year

Source: Angola Press News Agency

Angolan referees attend CAF training

The Angolan assistant referees Jerson Emiliano dos Santos and Ivanildo Lopes are part of the list of 64 professionals selected for the preparatory training to take place in Abidjan, Côte d’Ivoire, from September 11 to 16, with the aim to improve their performance at the African Cup of Nations (CAN’2023).

The six-day training session will be given to 32 referees and an equal number of assistant referees , as well as four video referee officials and six technical and physical instructors with a certain amount of experience.

According to the Confederation of African Football (CAF), the training will include physical, theory and technical tests which will ensure that all referees can be aware of the rules of the game , video assistant referee, among other important issues regarding refereeing activity.

The CAF representative for Refereeing and Football Technology, Noumandiez Desire Doue revealed that they have selected the best professional referees and technical professionals on the continent to ensure the success of the continental tournament.

Angola qualified for the final phase of the Africa Cup of Nations to take place from January 13 to February 11, 2024 in Côte d´Ivoire.

Source: Angola Press News Agency

Ceramic Production: An agenda for Nigeria’s economic revival

The emergence and development of ceramic industries in Nigeria boomed between 1970 and 1980, riding on the back of availability of raw materials, massive human resources and adequate technology.

The earlier ceramic industries have all gone moribund and unlimited quantities of substandard ceramics products are being continuously imported into the country.

Prior to 1980, the ceramic sector was considered as one of the Small and Medium Scale Industries that contributed importantly to the construction industry, export earnings and employment in Nigeria.

Today, there are only ten operating ceramic industries in Nigeria because of several problems ranging from lack of workforce with adequate generic and technical skills, haphazard way of raw material mining, trade barriers and others.

Hence, the functioning ceramic industries are no longer performing creditably and can not play the expected vital and vibrant role in the economic growth and development of Nigeria.

This situation has been of great concern to the citizenry, operators, practitioners and the Organised Private Sector(OPS).

The situation is more disturbing and worrying when compared with what other developing and developed countries have been able to achieve with their ceramics industries.

Notably, Nigeria occupies eight position among the top 18 emerging economies for ceramics trade, but it is the only country in the world without significant ceramics exports in spite of her enormous solid mineral resources.

The state of ceramic manufacturing business in Nigeria concentrated only on ceramic wall and floor tiles, with virtually no meaningful efforts on the wide range products of tablewares, sanitary wares, china wares, porcelain, electrical porcelain insulators, refractories, structural clay bricks among others.

Currently, the introduction of ‘intelligent ceramics’ where ceramic application is being utilised across several sectors of life such as housing, healthcare and automobile etcetera, could be critical in restoring wealth to the country’s economy.

It could, therefore, be a critical key to unlocking next-generation energy storage and enabling future generations to harness renewable technologies.

According to research, sensors build into ceramic flooring can detect human presence and activate traffic signals, while the advanced products hold enormous developmental potential for global resource efficient solutions.

Mr Patrick Oaikhinan, the only Professor of Ceramics Engineering in Nigeria, said that

the industry, upon revitalisation, could be a critical focus for the new administration to employ not less than five million Nigerians directly and indirectly.

This, he said, was achievable if the government could mobilise human and financial resources needed to solve the technical, economic and constraints hindering the sector.

Oaikhinan noted that 13 ceramic industries namely Okigwe Pottery, Richware Ceramics, Modern Ceramics, Quality Ceramics, Nigerian Italian Ceramics, Arewa Ceramics, Jacaranda Pottery, Ceramics Manufacturer, Eleganza Ceramics, Maraba Pottery, Plateau Pottery, Ladi Kwali Pottery and Jos Museum Pottery have all gone moribund.

He said that the sector had been captured by the United Nations Millennium Development Goals that focuses on poverty reduction, gender equality and environmental sustainability, among others.

He charged the government to revitalise the domestic the industry sector for the emergence of new ceramic entrepreneurs and facilitating new business start-ups.

Oaikhinan emphasised the need to get the moribund ceramic industries back on track to enhance competitiveness, wealth and job creation.

“To achieve this, the nation needs to direct the National Universities Commission through the Federal Ministry of Education to make ceramic science, ceramic engineering, ceramic technology, and mineral engineering as stand-alone compulsory degree programmes in all universities in Nigeria.

“This is necessary as the non- inclusion of these ceramic courses in the over 220 universities in Nigeria have blocked the avenues for people with abiding interest in ceramics as a career.

“Government must formulate policies, provide general guidelines for the formation of ceramic industrial clusters, provide financial instruments for solid mineral characterisation and ceramic capacity building and skills development, technology development for smart, sustainable and inclusive ceramic growth.

“Policy makers should create a supportive regulatory framework to keep ceramics manufacturing competitive and make the sector a contributor to the inclusive and sustainable development of Nigeria.

“Nigeria must establish ceramic skills acquisition centre or academy to support the resurgence of the local ceramic industry through the building of bridges between industry and education to ensure there is a skilled workforce for the future, as well as leading young people to a career for life,” he said.

He also emphsised the need for interface with external assistance such as JICA-Japan, GTZ-Germany, USAID-United States and others, to re-engineer and reposition the industry.

Oaikhinan urged the government to tackle issues of international market access and trade barriers vide a trade policy instrument to encourage the domestic industry.

He added that string actions must be taken against all unfair trade practices, including counterfeiting, infringement of intellectual property rights, dumping and others.

“As Nigeria gradually recovers from the debilitating effect of COVID-19 pandemic, its impact on the economy and with a new government in place, Nigeria needs to beam its searchlight on several areas hitherto neglected to revamp the economy.

“Wealth can be generated from the exploitation of ceramic solid minerals such as kaolin, ball clays, feldspar, quartz or silica sand, calcium carbonate, talc, bentonite, and so on.

“These minerals, if processed, can contribute 511.57 billion dollars to the Nigerian economy and an approximately 2.1 billion dollars can be saved on varieties of ceramics importation by 2025,” he said.

Another contributor, Dr Patrick Irabor, a Raw Materials, Ceramic Research and Development Consultant, advanced reasons for human capital development, local raw materials exploitation and processing, by public and private stakeholders.

He said this would help to reposition the ceramic manufacturing industry within the next 20 years.

According to Irabor, Nigeria is losing out on the vast global ceramic market, estimated to be about 240 billion dollars by the Ceramic World Review.

He demanded explanation for the collapse of the industry in view of the availability of local raw materials for ceramic development and production.

In Irabor’s views, the collapse were due to poor quality raw materials and absence of the primary raw materials processing industries in Nigeria.

He added that most of the moribund ceramic industries in Nigeria collapsed due to shortage of expertise and skilled labour, lack of value added raw materials, poor technology and management skills.

Irabor said revitalisation of these ceramic industries could begin with the sensitisation and re-awakening of investment interest of relevant stakeholders, especially where public and private sectors are involved.

He said Nigeria must conduct a full and complete technical appraisal and feasibility study on the moribund plants as well as exploration of investment capital

through public-private partnership and technical-foreign investment.

“Nigeria offers a formidable market potential for a wide variety of manufactured goods and services.

“However, the current situation in the ceramic sector in Nigeria, where only eight companies focusing on tiles alone are operational does not offer positive prospects to contribute handsomely to the nation’s Gross Domestic Product(GDP).

“It is certain that the revitalisation of moribund ceramic industries will drive the growth of a wide-range of allied industries.

“This the chemical, metallurgical, energy, power generation and transmission among others that would contribute to the nation’s GDP.

“Added to these, would be the conventional application of ceramic products and services in housing, hospitals, hotels, educational institutions, research centres, industries, restaurants, general building construction and value chain enterprises, from which government can generate revenue.

“Therefore, with appropriate investment, manpower, machinery and raw materials, the revitalisation and reactivation of these moribund industries, will no doubt, revolutionise the ceramic manufacturing business in Nigeria and the West Africa sub-region,” he said.

Summarily, it is observed that Nigeria is still decades behind in achieving the level of ceramic product-range development and production to offer significant impact on the national GDP.

With the current level of ceramic tile production of over 100 million square meters in Nigeria alone, there are prospects for the country to be at par with China and Indian if the revitalisation of the moribund industries are diligently implemented.

Source: News Agency of Nigeria

Payment for revitalisation of tertiary institutions underway – Minister

The Minister of Education, Prof.Tahir Mamman says payment for the revitalisation of the tertiary institutions in the country is underway.

Mamman also said the Federal Government had approved the payment of salary increase of 35 per cent to academic and 25 per cent to non-academic staff in further commitment to their welfare.

He said this in Abuja on Monday at an event to mark the 60 years anniversary of Committee of Vice Chancellors of Nigerian Universities (CVCNU).

The minister also challenged the committee to place Nigerian universities among global institutions that use science and technology as vehicles for solving their problems.

He also said that with regards to energy, steps had been taken to power the universities through gas-powered facilities using the PPP window provided by the government.

“The scheme is intended to start with 18 universities in the first instance and the shortlisted universities will be contacted appropriate stage of the project.

“The centrality of the power to service delivery, research and cost savings cannot be over emphasised.

” Due to the recognition of the centrality of the education sector, a committee was set up to provide a roadmap to guide policy, provide implementation plans, deliverables, key performance indicators (KPIs).

“And timeline was put in place and that the report of the committee is expected to be submitted this month,” he said.

He noted that arrangements had been concluded for a meeting with heads of key security outfits to review and enhance the security cover of the schools.

He added that the role of government is to continue to support the public sector universities with appropriate resources while encouraging the proper development of the private universities that are now in the greater numbers.

He however urged Nigerian universities to produce competent and skilled graduates as they are expected to tap, explore and exploit other sources of funding to run the system as the convention globally to support government funding.

“The government is also keenly interested in having a stable academic calendar for appropriate learning, research, collaboration and student exchange to take place,” he added.

Celebrating 60 years of existence, the minister called on the committee to do more to bridge the gap between industries and the institutions through their leadership.

Meanwhile, the President, Academic Staff Union of Universities (ASUU), Prof. Emmanuel Osodeke, said the problem of godfatherism had entered the university system causing big crisis.

Osodeke said universities should be run the way it should just like in the 60s and 70s where there was little or no interference from the government officials.

According to him, there is need to unbundle the stranglehold of the bureaucrats on Nigerian university system and let them run the way they were run in the past.

“We must take our universities to the uni-versatility of universities not to region universities,” he said.

The ASUU chairman explained that the university first generation lecturers are those with first class and second class upper who want to be lecturers even when they had opportunities to be in banks.

He said the then lecturers preferred to lecture than other jobs, saying those in second generation are those with same grade with first generation but for quest for money they left saying they don’t belong there and don’t want to be slaves.

He further said the third generation lecturers are those with third class and HND who went for post-graduate diplomas before entering into the university system through god-fatherism while the fourth are those who long to make money from the system.

“Unfortunately when the first and second generation of lecturers are retiring and leaving the country, the system is being dominated by third and fourth generation of lecturers,” he said.

He said universities no longer follow the process of advertising and letting people apply for the positions and get interviewed to get into the university but rather they come in through god-fatherism.

“Today, before a vice-chancellor can employ any lecturer, he has to go and get permission from the Head of Service (HOS) and when he employs, he has to go to the Accountant-General Office to beg for people employed to be paid salary.

“How can we run a system like that? We should be sad, there is nothing to celebrate.

“Our job as vice-chancellors are online, there is need for unbundling of the stranglehold of the bureaucrats on Nigerian university system,” he said.

Osodeke also decried the state of inadequate lecturers and funding in the system, saying, the least budget for education in Africa is 12 per cent; but in Nigeria it was 3.8 per cent in 2022.

The Chairman of CVCNU, Prof. Lilian Salami, said the event was out to discuss the gains, value which the committee had added to the system and its challenges.

Salami, while believing that the trajectory would change, promised to go to the drawing board and proffer solutions on the way forward to a promising university system.

“We are here to add value to the education system in Nigeria especially the tertiary education system in Nigeria.

“The gathering is not only to celebrate the 60 years anniversary or to receive or to be given but to reengineer the system so that we would have a better future and posterity will then judge us positively,” she said.

She said they never compromised in giving quality of education to Nigerian students as it is their commitment to continue to give in their best all in spite of the challenges in the system.

Also, the CVCNU Secretary-General, Yakubu Ochefu, said they expected value addition from the stakeholders while providing leadership to Nigeria university system.

“The Nigeria university system is 75 years old while globally the university system is over a thousand year old so if you put us in that time frame you will see that we are still taking baby steps.

” We are not where we use to be, we have made a lot of improvement in the system but there is room for improvement.

“We believed that now that we have open our doors to our stakeholders, they will look at us and support the system, it is not federal government alone, not the state government alone and not the people that have decided to invest in education alone but for all of us, ” he added. (NAN)(www.nannews.ng)

Source: News Agency of Nigeria

Vessels: Customs Pride, Group of 9 to sail by November – Comptroller Salefu

The Comptroller General of Customs(CGC), Adewale Adeniyi, has given a directive to the Portplus Ltd. consultant managing the two ocean-going vessels, Customs Pride and Group of Nine, to ensure that the vessels sail by November.

Comptroller Odaudu Salefu of the Western Marine Command of Customs said this in and interactive session with newsmen in Lagos on Monday.

Salefu was responding to a publication made by the Maritime Reporters Association of Nigeria (MARAN) regarding the state of the vessels.

He praised the association for their investigative report but added there was need to always clarify and provide accurate information.

He mentioned that in addition to addressing the issues with the two existing vessels, the CGC had acquired two ocean-going vessels from Singapore to combat smuggling at sea.

According to Salefu, after assuming his position at the Western Marine Command on Jan. 26, he corresponded with the headquarters to assess the condition of the vessels.

“I visited the vessel site to get first hand information. And also, with the coming of the current Controller General of Customs, his first visit to Zone A was the two ocean going vessels.

“I told the CG that I met the vessel stationary and it was not in good condition. Also, the managing director of Portplus explained that the vessels were stationary because the raider control, general system, fender were not operating,” he said.

The CGC inquired about the cost of repairing the vessels within 30 days, and later instructed that they should be ready to sail within 40 days.

Salefu stated that he had a meeting last week with the consultant responsible for the vessels who confirmed that the repairs had been commissioned.

“I want to state that there is nothing like the N180 billion for cost of maintenance as stated in the publication, but what we have received, as at year 2021, was N23. 7 million,” he said.

He further explained that once the vessels are in operation, they would play a crucial role in preventing drug smuggling from neighbouring countries and curbing bunkering activities in Nigerian waters.

Salefu also said there was difficulty concerning spacing at the Naval Dockyard for dry docking, but noted that there was an alternative option with the Nigerdock.

He also mentioned approaching the inland waterways management regarding berthing and searching for a suitable location with a 100-meter space.

According to him, the current space at the marina cannot accommodate four vessels, unless they can be placed side by side.

“The first two will berth, then the second will nose on it. But there is a danger of marina, incase of any disaster, there will be no escape route and this is something to save lives and rescue people in the water.

“We went to the managing director of the inland waterways and a committee will be set up to look for bulk water and we got a place close to Ladol. If customs had gotten a space, this issue will be a thing of the past,” he said.

He noted that to ensure the smooth operation of the vessels, the CGC hd sent personnel to Singapore for training to properly manage the vessels.

“As at today, I had gotten an order for training of officers. Portplus and the Navy are asked to liase with us to pick trained marine that were previously trained on floating and safety and assemble them for retraining.

“The CGC sent three personnel to Singapore in preparation for full taking over and receive the vesse and we are compiling another list of personnel for another training either to Singapore or South Korea.

“Ever since the CGC came on board, marine is receiving the highest attention in terms of training,” he said.

Salefu noted that it seems there was a communication gap during the entire period, which might explain the lack of action taken.

He added that what actually delayed the maintenance was the transition from one regime to another and the Portplus could not write about the outstanding money owed them, which they did not include it in their previous report.

“This has been lingering and the current CGC now want to intermarry the previous debt to the current reality on maintenance of the vessel and they have actually come to a compromise.

“Soon, you will see the better action of the western marine because without the vessel, we are using 40 horse power to go over 100 nautica mile inside water.

“You are all aware that recently, we caught over 120 sacks of hemp very far inside the Atlantic ocean and we have over 20 sacks arrested last week, and even tramadol seized and this were done manually through the brevity of my officers.

“If we can go to the ocean over 140 nautical mile, when we have the vessel, I can assure you we will go 300 nautical miles,” he said.

He also appreciated the effort and support of the Nigerian Navy Beecroft, pledging to complement the shortfalls.

“The naval marine engineering, safety officers, are part of the people that will oversee activities of the Portplus and the management of the vessels.

The News Agency of Nigeria (NAN) reports that the two ocean going vessels, Customs Pride and Group of Nine was procured in 2015 and had not been used. (NAN)(www.nannews.ng)

Source: News Agency of Nigeria

FG no longer paying fuel subsidy – Kyari

The Federal Government is no longer paying subsidy on Petroleum Motor Spirit (PMS), popularly known as petrol, the News Agency of Nigeria (NAN) reports.

The Group Managing Director of Nigerian National Petroleum Corporation Limited (NNPCL), Malam Mele Kyari, disclosed this to State House Correspondents on Monday in Abuja.

He said that contrary to insinuations on social media, the federal government was no longer paying subsidy to any person or group for bringing petroleum products into the country.

“No subsidy whatsoever. We are recovering our full cost from the products that we import. We sell to the market.

“We understand why marketers are unable to import. We hope that they begin to do so very quickly and these are some of the interventions government is making. There is no subsidy,’’ he said.

Kyari further stated that the pockets of low queues witnessed across some states recently were due to bad roads that had made transporters to divert the product to other routes.

“We have seen in very few states pockets of very low queues. This is not unconnected with the road situation and that’s why we’re seeing some blockades on our roads.

“Moving the products from the southern depots into the northern part of the country takes them much longer time now than it used to be.

“They have to re-route their trucks around many locations for them to be able to reach their destinations and that created delays and some supply gaps. But, that has been filled and we do not see any of such problems again.

“Secondly, because of the full deregulation that we have in this sector, marketers are now competing amongst themselves,” he said.

The NNPCL group managing director also said that some of the queues were caused by the preference of customers to patronise filling stations that offered low prices.

“You must have noticed that some fuel stations will reduce their prices by N2 or N3. So customers will naturally run to the places where you have that reduction in prices and probably create panic.

“This is because those who don’t know why they are doing it will think that there’s something happening or that there’s an ominous sign of scarcity,’’ he said.

According to him, there are over 1.4 billion litres of petrol available for local consumption, both on the seas and on land, adding that there is no cause for alarm.

Kyari explained that market forces were now playing out and that marketers were competing for the product and how to satisfy their customers as well.

‘’There are few issues we’re engaging them to resolve, alongside other agencies of government, particularly critical issues around access to foreign exchange.

“And as you all know, government is doing so much to ensure supply of forex into the market.

“We know that this FX markets will stabilise the current IandE window is around 770.

“And we know that those inputs from government will crystalise and they will come to an equilibrium position in the FX market and this is the dream of this country,’’ he said.

Kyari assured marketers of a stable forex and a situation where the prices of the product would align with the prices of other commodities. (NAN) (www.nannews.ng)

Source: News Agency of Nigeria

Gates Foundation announces $40m fund for mRNA vaccine manufacturing in Africa

Bill Gates, Co-chair, Bill and Melinda Gates Foundation, says there is a new investment to advance access to mRNA research and vaccine manufacturing technology.

Gates said in a statement at the 2023 Grand Challenges Annual Meeting of the foundation held in Senegal on Monday.

According to him, the investment will support low-and middle-income countries’ (LMICs) capacity to develop high-quality, lifesaving vaccines at scale.

Gates said the move was based on lessons the foundation learned from more than 20 years of working with vaccine manufacturers in LMICs and the opportunity to leverage recent scientific advances.

This, he said, was to develop low-cost, high-quality health tools that reach more people around the world.

Gate also said that that mRNA technology was considered a potential game-changer for a range of infectious diseases, including tuberculosis, malaria, and Lassa fever, which disproportionately affect people in LMICs.

“This new technology can significantly lower the costs of mRNA research and manufacturing and enable expanded access-helping to close critical gaps,” Gates said.

Messenger ribonucleic acid (mRNA) vaccines work by triggering the immune system to create antibodies. Antibodies are proteins in the body which fight bacteria and viruses that cause diseases.

Gates announced 40 million dollars in funding to advance access to Quantoom Biosciences’ low-cost, mRNA research and manufacturing platform, which was developed with an early-research Grand Challenges grant made to its parent company, Univercells.

He said that the Institut Pasteur de Dakar (IPD) and Biovac, research institutes with vaccine manufacturing experience based in Senegal and South Africa, respectively, will receive five million dollars each to acquire the technology and enable it to develop locally relevant vaccines.

To further advance the technology and lower costs for commercialisation, Gates said the foundation would also provide 20 million dollars to Quantoom Biosciences, in ensuring LMICs benefits from the next-generation mRNA health tools.

Gates said the foundation would grant another 10 million to other LMIC vaccine manufacturers to be named.

He also said that this new funding builds on the foundation’s previous 55 million dollars investment in mRNA manufacturing technology.

According to him, mRNA vaccines have simpler research and manufacturing processes than traditional vaccines.

Gates said expanding access to this next-generation technology could assist countries like Senegal and South Africa gain autonomy to discover and develop low-cost, high-quality vaccines for diseases such as malaria and tuberculosis that are consistent with their health priorities.

Dr Muhammad Ali Pate, Nigeria’s Coordinating Minister of Health and Social Welfare and a global expert on vaccines, said putting innovative mRNA technology in the hands of researchers and manufacturers in Africa and around the world would ensure more people benefit from next-generation vaccines.

“This collaboration is an encouraging step that will increase access to critical health technologies and help African countries develop vaccines that meet the needs of their people,” Pate said.

Similarly, Dr Amadou Sall, Chief Executive Officer of IPD, said expanding the organisation’s capacity to discover and manufacture affordable mRNA vaccines in Africa was an important and necessary step towards vaccine self-reliance in the region.

“We welcome this new funding, which will promote the development of lifesaving technologies on the continent while also contributing to global health security by expanding the supply and access to vaccines—allowing us to achieve greater health equity worldwide,” Sall said.

Also, Morena Makhoana, CEO of Biovac said innovation can be transformative, but only if it reaches the people who need it most.

“This collaboration will help close critical gaps in access to promising mRNA vaccines against diseases that disproportionately affect the world’s poorest.

It will also assist us in our mission to establish end-to-end vaccine manufacturing capability at scale in Africa for global supply,” Makhoana said.

Similarly, José Castillo, CEO, Quantoom Biosciences, said the development of new vaccines was costly, resource intensive, and concentrated in high-income countries.

Castillo said that Quantoom’s modular mRNA technology addresses common bottlenecks in current mRNA research and manufacturing technologies, making it simpler and cheaper to use.

According to him, the cost to produce a vaccine could drop by more than 50 per cent with Quantoom’s platform compared to traditional mRNA technology.

He said it could also significantly reduce the need for deeply trained experts, which continues to be a barrier to vaccine production in Africa and elsewhere, while maintaining or even increasing the quality of the product.

“We’re thrilled to partner with IPD and Biovac to scale our technology in Senegal and South Africa and help increase access to novel mRNA vaccines—one of medicine’s most promising new tools.”

The News Agency of Nigeria (NAN) reports that the additional funding for Quantoom builds on an initial grant made in 2016 to Univercells in response to a Grand Challenges call for new interventions for vaccine manufacturing.

The Univercells proposal focused on developing modular engineering principles that would facilitate decentralised, small-footprint manufacturing of vaccines.

IPD plans to start manufacturing essential measles and rubella vaccines using Univercells’ original vaccine manufacturing technology, expanding the region’s capacity to deliver routine immunisation campaigns.

Source: News Agency of Nigeria

Groups laud DSS boss over establishment of new directorate

Two Civil Society Organisations (CSOs), Coalition for Peace In Nigeria (COPIN) and Iconoclast Media Platform, have commended the Department of State Services (DSS) leadership over the establishment of a new directorate.

The two CSOs gave the commendation in a statement, jointly issued by the National Coordinator of COPIN, Mr Emeka Akwuobi and National Secretary of Iconoclast, Dr Mayago Mayago, on Monday in Abuja.

The CSOs commended the Director-General of DSS, Alhaji Yusuf Bichi, over approval for the establishment of the Directorate of Public Relations and Strategic Communications in the service.

According to the groups, the appointment of Dr Peter Afunanya, as the pioneer Director/Head of the new directorate was a step in the right direction and a case of “putting a round peg in a round hole”.

The groups congratulated Afunanya on his appointment and urged him to sustain his partnership and regular engagements with the media and CSOs.

They said such engagements would deepen democratic principles, enhance democratic accountability, as well as raise public trust/confidence in the agency.

The groups said the DSS boss had left no one in doubt of his capacity to engender innovative reforms in the areas of training, welfare, civil relations, inter-agency cooperation and infrastructure development.

The statement said the leadership style of the DSS boss had helped in changing the image of the service and earned it a positive public perception.

Source: News Agency of Nigeria

Sheroes cup 2023 will improve quality of NWFL season, says Elegbeleye

The Chairman of the Nigeria Premier Football League (NPFL), Gbenga Elegbeleye has hailed the quality of organisation at the ongoing 2023 Sheroes Cup in Abuja, saying it will help teams fine tune preparation ahead of the new season.

Elegbeleye who was a special guest on Monday at the 2023 Sheroes Cup competition held at the Area 3 Astro turf football pitch, said the competition has grown to become the forerunner to the commencement of every NWFL season.

The NPFL boss said the professional organisation of the competition will serve as a good tune-up for all stakeholders, ahead of the Nov. 15 kick-off of the 2023/2024 Nigeria Women Football League (NWFL) season.

“ I am really very impressed with the way the tournament is organised, I can see professional referees, these are referees that actually officiate in the NWFL.

“To me, it’s another pre-season tune up for even the referees, apart from the various participating teams. This is the best way to prepare for the November kick-off of the upcoming NWFL Premier League,” Elegbeleye said.

He said he was on ground to show solidarity with the organiser of the competition, Paul Edeh, President, Ratels Sports Development Foundation (RSDF) for his steadfastness and continued support for the development of women football in Nigeria.

“I am here as a mark of solidarity to a friend that has invested a lot in women football in Nigeria and also chairman of a state FA (Benue) who is gradually doing well amongst his pairs.

“I feel we should continue to encourage people who are doing this, because they are very few in the country.

“I am very sure that the sponsor of this competition is not making any money, but he is spending so much from his personal earnings to keep this afloat. This is the kind of character the Nigerian football needs to grow, this is very lovely and I’m sure other spirited Nigerians will emulate what you are doing to help women football,” he said.

The football administrator said the annual competition could also serve as a veritable platform to discover and harness young budding talents for the various national women teams such the Flamingoes, Falconets and even the Super Falcons of Nigeria.

“Talking about the players, this is the best way to prepare for the new season.

“I am happy because I can see a lot of materials for our national teams; I can see a lot of very young ladies, this are not old ladies.

“These are young ladies that can be good materials for the U-17 (flamingos), U-20 (Falconets), even some of them are qualified to play for the super falcons, so to me this is something that is very encouraging that would produce players for the national teams and I love it,’’ he said.

Earlier, Paul Edeh, Organiser of competition and President RSDF said the competition which started in 2019 is meant to ensure proper preparation ahead of the league season.

Edeh, who is the Chairman, Benue State Football Association said 12 teams were invited for the ongoing competition, but six are participating due to logistic reasons.

The News Agency of Nigeria (NAN) reports that three matches were played on Monday, with Honey Badgers playing a 2-2 draw with Sunshine Queens, Edo Queens thrashed newly promoted NWFL side Dannaz ladies 5-0 while Naija Ratels spanked Ekiti Queens 3-0.

High point of Matchday 3 of the competition was the presentation of branded footballs and jerseys to all participating teams in the competition.

The Sheroes Cup (formerly called Naija Ratels Pre-Season Championship then Flying Officers Cup) is an annual pre-season tournament that features elite teams from the Nigeria Women Football League and other African women clubs. (NAN)(www.nannews.ng)

Source: News Agency of Nigeria

Pfizer partners UCH on adult vaccination policy

A biopharmaceutical company, Pfizer, has partnered the University College Hospital (UCH), Ibadan to enhance the quality of care provided to patients and ensure global best practices.

Mr Olayinka Subair, Cluster Lead for West Africa/Country Manager Nigeria, Pfizer, made the disclosure in a statement on Monday in Lagos.

Subair said that UCH had decided to formulate a policy on immunisation with a focus on adult vaccination.

He said that Pfizer had a long history in vaccine research and development through innovative delivery systems and technologies.

“We’ve created scalable solutions that address prevention of deadly bacterial infections.

“The key to maintaining and building on these advances is constant vigilance and continued access to immunisations which is essential to preserving the progress we’ve made against vaccine-preventable conditions and strengthening our ability to address emerging health threats,” he said.

Subair noted that globally, vaccines have provided more positive impact on public health than any other medical intervention.

He said over the years, the paediatric age group had been targeted by the majority of the vaccines developed, noting that protection from some childhood vaccines could wear off over time.

According to Subair, adults may be at risk for vaccine-preventable diseases.

“Some vaccines have been recommended for adults, these can be divided into those for the general population and those indicated for individuals with specific risk factors .

“Risk factors include pre-existing chronic diseases or multimorbidities, compromised immune system, travel, or potential occupational risks such as exposure of healthcare workers.

“Most of the high-income countries have developed policies to enhance universal vaccination of adults.

“Despite the universal immunisation coverage in high income countries, Nigerian adults are yet to be reached,” Subair said.

Also, Prof. Jesse Otegbayo, the Chief Medical Director, UCH, Ibadan, said that the hospital has decided to formulate adult immunisation policy to enhance patient’s quality of care in line with global best practices.

“UCH as the flagship tertiary health care institution in the West Africa sub-region, offering world-class training, research and services is happy collaborating with Pfizer in spearheading an adult vaccination policy for the Institution,” Otegbayo said.

Otegbayo said the Advisory Committee on Immunisation Practices (ACIP) of the Centre for Disease Control have developed an approach for the administration of the vaccine referred to as H-A-L-O approach.

He said that this easy-to-use chart could help healthcare providers make an initial decision about vaccinating a patient based on four factors –patient’s health condition; age; lifestyle, and occupation.

Otegbayo, however, stressed that in some situations, vaccination could be done without considering the above factors.

He noted that vaccines are safe and effective against vaccine-preventable diseases. (NAN)(www.nannews.ng)

Edited by Dianabasi Effiong/Chinyere Joel-Nwokeoma

Source: News Agency of Nigeria

More clients benefit from Agribank loans in 2023 compared to 2022

Agribank Manager of Marketing and Communication Rino Muranda said the bank significantly boosted its loan disbursements in 2023 compared to the previous year.

Muranda said during the financial year ending 31 March 2023, 564 clients benefited from the bank’s loans, up from 440 clients the prior year.

Muranda made these remarks in a statement issued on Sunday following Agribank’s Annual General Meeting held in Windhoek on 27 September 2023.

The event was a platform to showcase the bank’s accomplishments and present a strategic plan that will shape the future of the institution.

“During the above mentioned financial year, Agribank significantly boosted its loan disbursements, reaching over N.dollars 284 million compared to the previous year’s N.dollars 194 million,” he said.

Land purchases he states, continued to dominate the loan allocations, amounting to N.dollars 98.2 million and covering 134 122 hectares in the financial year 2023.

This he added is a considerable increase from N.dollars 55.1 million and 57 965 hectares in the financial year 2022.

Muranda said livestock purchases also saw a rise, reaching N.dollars 76.8 million in the financial year 2023 compared to N.dollars 52.2 million the previous year.

“Loans extended to women increased to N.dollars 55.4 million from N.dollars 30.1 million in 2022, while youth loans rose to over N.dollars 30.6 million in the financial year 2023, from N.dollars 20.5 million in the prior year,” he noted.

The bank supported full time communal farmers without collateral through its Emerging Retail Financing Product, providing over N.dollars 25.2 million, up from N.dollars N.dollars 12.6 million in the prior fiscal year, he further stated.

Additionally, the no collateral scheme backed by salaries aided employees engaging in part-time farming with N.dollars 13.5 million disbursed in the financial year 2023 compared to N.dollars 10.1 million during the financial year 2022.

Muranda applauded Agribank’s financial performance indicating the company is encouraged by the sales and collection efforts that are on an upward trajectory, despite operating in a difficult environment.

Source: The Namibian Press Agency