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Onukogu donates palliative materials worth millions during house warming

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The President General of Imo indigenes in South-Africa under the umbrella of Imo Union South-Antica High Chief Kinsley Onukogu on Dec. 30, 2020 donated another round of palliative materials worth millions of naira to help alleviate poverty in his community.

The palliative was distributed among women in Umulogho autonomous community during the dedication of his multi-million naira house built recently in his country home Umuadara Umulogho in Obowo LGA on December 30.

The great philanthropist also awarded scholarship to 5 first-year university students in Umulogho Obowo, making it a total of 13 university undergraduates under his scholarship scheme.

Some of the items he distributed include 200 bags of rice, 100 pieces of rapper and a cash donation.

Due to his contributions in the development of his community, Onukogu was also decorated with another traditional title known as “Duke of Imo State” by the Chairman of traditional rulers in Obowo council area Eze Patrick Uwalaka.

He is the first Imo indigene to be crown Duke of Imo due to his achievements in human and social development.

Speaking during the confinement of the title on him, Èze Patrick Uwalaka said Onukogu merited the title following his contributions to human and societal development.

The traditional ruler listed his projects in the community to include Sinking of Boreholes in the community, installation of solar street lights, Grading and dualization of roads among others.

He said beside the community development, Onukogu played a frontline role in distributing palliative materials to members of the community during the Coronavirus induced lockdown and also gave scholarships to 13 undergraduates in the community.

Uwalaka who described Onukogu as a great philanthropist, urged other wealthy sons of the community to emulate his footsteps.

Speaking during a press interview, High Chief Kinsley Onukogu said he has a passion to help the needy through his God given wealth.

He said he would soon unveil his master plan for the community, which he said would be targeted at human development.

He commended leaders in the community for supporting his projects and pledge to do more in the community.

He also assured that his administration as the Present of Imo Indigenes in South-Africa will be all inclusive, while also promising to attract more projects through the position.

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crimewatch

Three construction workers kidnapped in Ondo

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Nigerian Police

Three construction workers have been kidnapped along Ikaramu-Akunnu Akoko in Akoko North West Local Government Area of Ondo State on Tuesday evening by some unknown gunmen.

The workers whose name has not yet been revealed were working at the ongoing rehabilitation of Ikaramu-Akunnu road when the hoodlums struck.

When contacted, the Public Relations Officer of the state police command, Mr Tee-Leo Ikoro, confirmed the incident, saying an investigation had commenced into it.

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“Our men are already in the area to rescue the victims,” the PPRO stated.

The traditional ruler of Ikaram, Oba Andrew Momodu, in a reaction, confirmed that the workers were kidnapped after they closed for the day’s job.

According to him, the hoodlums struck when the expatriate contractor handling the project had just left with his policemen.

The monarch appealed for more security men to comb the forest for a rescue operation.

Similarly, the Alauga of Auga Akoko, Oba Samuel Agunloye, added, “The incessant kidnapping and other criminal acts are now worrisome in the area.”

It was gathered that the Divisional Police Officer in charge of Okeagbe Akoko, Mr Ade Akinwande, has led other officers to search the forest in a bid to rescue and release the victims.

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Business

Airtel signs $500m loan with Bank of America, others

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Airtel signs $500m loan with Bank of America, others

Airtel Africa has announced the signing of a new $500m loan facility with a group of relationship banks to partially refinance the group’s €750m Euro-denominated bond (c.$880m) due May 20, 2021.

In a statement signed on Wednesday, by its Group Company Secretary, Simon O’Hara, the banks that participated in the facility include, Bank of America, BNP Paribas, Citibank, HSBC, J.P. Morgan, Standard Chartered Bank, and two Indian relationship banks, Axis Bank and Kotak Mahindra Bank.

O’Hara said the new committed facility consisted of a combination of a revolving credit facility and term loans with tenor of up to four years.

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He stated that the balance of the Euro-denominated bond would be repaid with existing group cash to reduce gross debt and associated interest costs.

“The new loan facility further strengthens the core liquidity of the group,” the group said in the statement.

The telecommunication company also said it had prepayment flexibilities that would allow the group to optimize the efficiency of its capital structure with the free cash flows and cash receipts anticipated over the next 12 months, following the recent announcements related to tower sales and mobile money minority investments.

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Entertainment

Reigning Mrs. World, Caroline Jurie resigns, runner up takes over

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Reigning Mrs. World resigns, runner up takes over

The reigning Mrs World, Caroline Jurie, has resigned her title, the organization running the pageant, said late on Tuesday, weeks after she was involved in a controversy at the Mrs Sri Lanka event.

I stand proud today, knowing that I stood up for what is right. I believe the Mrs World Crown stands for a purpose,” Jurie wrote in a statement shared on her Instagram page.

She continued: “I know Mrs World Inc. does not condone malpractices. Therefore, wearing the Mrs World crown and holding the title on unfair grounds go against the purpose of ensuring a fair and equal stage for every woman.”

” Hence, I am stepping down from the title of Mrs World 2020 and I am handing over my Mrs World 2020 Crown. I hereby terminate the Mrs World 2020 contract I entered into on November 4, 2019, with Mrs World Inc.”

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Jurie was arrested and released on bail this month after a fracas at the Mrs Sri Lanka pageant in Colombo, where Jurie forcibly removed the winner’s crown, claiming the other woman was a divorcee and not qualified to win the title.

“Her voluntary resignation decision was made solely by Caroline herself,” Mrs World Inc said late on Tuesday, in a news release on social media.

Jurie was not immediately reachable for comment.

Kate Schneider of Ireland, the runner-up in the 2020 contest which Jurie won, will be the new Mrs World 2020, the organization said.

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