19032019 - Sack Buhari, declare me winner, Atiku tells tribunal

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22 — Vanguard, TUESDAY, MARCH 19, 2019 Stories by Rosemary Onuoha The insurance sector has recorded claims payments of N217.8 million for terrorism cover, indicating reversal of the general apathy to this kind of insurance cover. It will be recalled that the insurance sector had shied away from introducing terrorism cover on the ground that the risk is highly volatile as a single incident could erode a company’s profit and capital. Analysis of figures released by the Nigerian Insurers Association, NIA, in its 2018 insurance industry digest show that while the sector paid about N217.8 million as terrorism claims, flood claims was over N1.2 billion. The NIA digest further shows that Axa Mansard Insurance Plc paid the highest terrorism claim of N167.9 million, while the rest was settled by Continental Reinsurance Plc. Axa Mansard paid the terrorism claim to Dangote Cement Plc for the incident at its Ibese Plant. Meanwhile for flood claims, Prestige Assurance Plc paid the largest claims of N55.48 million to D2H Services Limited & Associates. According to the NIA, the industry recorded a gross premium income of N364.7 billion while net premium income stood at N258.1 billion in the year under review. Chairman of the NIA, Mr. Tope Smart said the industry has been responsive in AXA Mansard, a member of AXA, a global leader in insurance and asset management, said it is committed to promoting youth sports as well as healthy living and development amongst children. To this end, AXA Mansard has sponsored Children International School, CIS Lagos, to the World School Games 2019 that held on the 28th of February to the 2nd of March in Dubai. The World School Games was a three day international multisport competition staged in Dubai and attended by international schools from across the globe. A minimum of 16 students (8 boys and 8 girls) from each school took part in athletics, football and swimming in a bid to accrue the most points and be crowned World Champions. The 3-day competition saw CIS Lagos, winning several gold medals amongst others in athletics and swimming. The aim of the games was to create a truly international event that brings together students from all over the world, breaks down social and cultural barriers, and celebrates the talent, diversity and sportsmanship of children from different countries, backgrounds and education systems. Speaking about the event, Group Head, Strategy & Marketing of AXA Mansard, Mr. Kola Oni, said, “We are excited to From Left: Jude Modilim; Executive Director, Technical Operations, Sovereign Trust Insurance Plc, Mr. Peter Aghedo and Kayode Adigun, General Manager/Divisional Head, Finance & Corporate Services, Sovereign Trust Insurance plc during the presentation of the prize to the winner of the radio trivia question tagged “Stay Safe With STI at the Corporate Head Office in Lagos . Insurance sector records N218m claims payments for terrorism cover meeting genuine claims responsibilities, stressing that the industry will continue to honour the payment of all genuine claims. The Director-General of NIA, Mrs. Yetunde Ilori, urged the public to take advantage of conflict resolutions bodies set up by the industry to resolve all unpaid claims issues. She noted that the NIA in AXA Mansard promotes youth sports at world school games be a part of this iconic event as we promote youth sports, healthy living and development amongst children through the sponsorship of CIS Lagos to the 2019 World School Games. “It is a unique stage for the world’s best young athletes to compete in a fun and competitive event, at truly world class facilities. It was an opportunity for children all over the world to bond and create memories that will last a lifetime, while inspiring kids to become more physically active for a lifetime from an early age.” …promotes mental wellness AXA Mansard has said that it is committed to promoting physical and mental health as well as healthy living and development amongst children and adults. To this end, the insurer has sponsored the 2019 Special Olympics World Summer Games in Abu Dhabi. The Special Olympics World Games takes place every two years alternating between summer and winter. Austria hosted the Winter Games in 2017 where 22 athletes represented Nigeria, winning 12 Gold and 10 Silver medals. The Special Olympics World Summer Games scheduled to hold from the 14th - 21st of March 2019, will be the largest sports and humanitarian event in the world in 2019. It is expected to bring together 7,000 athletes, 3,000 coaches, 1,500 officials, 20,000 volunteers, 3,000 guests, 6,000 family members and over 500,000 thousand spectators from over 170 nations. Speaking about the event, Mr. Tope Adeniyi, Chief Executive Officer, AXA Mansard Health Plc said, "The need to show our concern and support towards children and young adults that are physically challenged cannot be over-emphasized seeing they have very little opportunity to participate in organised athletic events. Sponsoring this iconic event is our way of ultimately contributing towards the mental and physical wellness of these children. "The Games serve to promote the concept of involvement in physical activity and other opportunities for people with intellectual disabilities. It also gives an opportunity for children and young adults all over the world to bond and create memories that will last a lifetime, while inspiring them to push beyond the barrier of intellectual disabilities." Commenting further, Adeniyi said, "At AXA Mansard, we remain resolute in making the world a healthier place, as such, we throw our weight behind a bid to ensure the public are not denied claims, set up a complaints bureau, adding that the National Insurance Commission (NAICOM) also has a complaint bureau for settlement of claims disputes. Commenting further, Oni said, “At AXA Mansard, we will continue to be at the forefront of the development of the next generation and look forward to making a difference in the lives of kids, young adults and the community at large” initiatives that promotes mental and physical wellness in the society." AXA Mansard is a member of the AXA Group, a worldwide leader in insurance and asset management with 166,000 employees serving 105 million clients in 62 countries. AXA Mansard was incorporated in 1989 as a private limited liability company and is registered as a composite company with the National Insurance Commission of Nigeria (NAICOM). The Company offers life and non-life insurance products and services to individuals and institutions across Nigeria whilst also offering asset/investment management services, health insurance solutions and pension fund administration through its three subsidiaries - AXA Mansard Investments Limited, AXA Mansard Health Limited and AXA Mansard Pensions Limited respectively. AXA Mansard was listed on the Nigeria Stock Exchange in November 2009. Boeing insurers face large claims, agency report The insurers of Boeing Company will potentially face large claims following the recent Ethiopian Airlines crash, which was the second to involve a Boeing 737 Max 8 model in five months, according to insurance and aviation source. While the initial insurance payments from the recent crash will be made by Ethiopian Airlines’ insurers, they may look to recoup their money from Boeing’s insurers if they can prove that the aircraft was faulty. A spokeswoman from Willis Towers Watson confirmed that the firm was the insurance broker for Ethiopian Airlines, while Chubb was the lead insurer. Britain’s Global Aerospace has also been identified as the lead insurer for Boeing and also for Lion Air, while Marsh is Boeing’s insurance broker. No financial details of the relevant policies are currently available, although losses from the Ethiopian Airlines crash are speculated to be in the region of $50 million to $60 million. However, payouts could be much higher if families of the victims pursue legal claims against Boeing, particularly through U.S courts. “If there were to be anything defective in terms of the plane or any of its components, then it would be possible to bring a claim against the manufacturer as well as the airline,” said a legal expert. All 157 passengers were killed after Ethiopian Airlines flight ET302 crashed six minutes after take-off from Addis Ababa en route to the Kenyan capital of Nairobi. U.S aviation officials have said that they currently consider the Boeing 737 Max 8 model to be airworthy and maintained that it is too early to reach any conclusions or take any action. While the cause of the Ethiopian Airlines crash is not yet clear, an automated anti-stall system on the newly commissioned Boeing aircraft has come under scrutiny. The system was also identified as a possible cause of the Lion Air crash in Indonesia last October, which similarly involved a Boeing 737 Max 8 plane. Boeing said that it would develop software updates for the aircraft following the incident.
Vanguard, TUESDAY, MARCH 19, 2019 — 23 Rice fortification can end hidden hunger in Nigeria — REPORT By Sola Ogundipe RICE, one of the most important staple foods in Nigeria could hold the secret to ending micronutrient deficiency (hidden hunger)in the country. Nigeria is the largest producer of rice in Africa producing about 15 million metric tonnes annually, while Nigerians consume an estimated 8-10 million metric tonnes of rice annually. Rice has potential to become another key food vehicle on the nation’s food fortification programme like vegetable oil and maize flour. Generally, food fortification is one of the major strategies by the World Health Organisation, WHO, and the Food and Agriculture Organisation, FAO, to decrease incidence of nutrient deficiencies at the global level. It is the practice of deliberately increasing the content of an essential micronutrient (vitamins and minerals including trace elements) in a food, so as to improve the nutritional quality of the food supply and provide a public health benefit with minimal risk to health. In Nigeria, rice fortification has been largely underutilised and while Nigeria is one of the countries that are signitories to the mandate of food fortification to combat hidden hunger, it is not necessarily translating policy into improved nutrition. Nigeria may therefore be missing an immense opportunity to improve the health of children and mothers, bolster communities, and boost national economies. But there is a silver lining as Nigeria now has opportunity to protect the next generation of Nigerians from preventable and lifelimiting impacts of micronutrient deficiency. This opportunity could be by adding micronutrients to rice according to new data from the Global Fortification Data Exchange (GFDx). The GFDx asserted that now that Nigeria is pursuing policies to produce more rice domestically, rice should be be added to the list of foods that must be fortified with additional nutrients. Experts say this simple act of fortifying rice-could help curb the high level of hidden hunger which is the inadequate access to micronutrients that are necessary for a healthy and functional body. According to UNICEF, “hidden hunger is a form of hunger that is not very visible and much more than an empty stomach”. The WHO and UNICEF note that there is triple burden of malnutrition in Nigeria in the form of undernutrition, overnutrition and micronutrient deficiency. Undernutrition and micronutrient deficiency contribute to underweight, wasting and stunting. Findings by Good Health Weekly reveal that the nutrition situation in the country has not improved much over the last decade according to the Multiple Indicator Cluster Survey (MICS5) 2016/17. The survey, conducted by the National Bureau of Statistics (NBS) in collaboration with UNICEF, shows that underweight and stunting are increasing even as wasting persists. No region in the country recorded progress in reduction of underweight between 2011 and 2016. * Rice fortification in process. Rice has potential to become a key food vehicle on the nation’s food fortification programme Underweight moved from 25 percent to 32 percent; stunting from 34.5 percent to 43.6 percent while wasting persisted at 10.8 percent. Currently, more underfive children are wasted, stunted and underweight than five years years ago mainly as a result of micronutrient deficiency. According to the MICS result, 3 in 10 children under five years are acutely or chronically malnourished, while 2 in 5 children under five years are stunted and 1 in 5 children under 5 years are severely stunted. The wasting prevalence in 14 of the 36 States in Nigeria, is classified as “serious for public health significance”. Wasting increases risk of stunted growth, impaired cognitive development and noncommunicable diseases in adulthood. It increases the risk of child deaths from diarrhoea, pneumonia and measles. Severely wasted children are far more likely to die than their healthy counterparts. To assist Nigeria’s move towards rice fortification, the GFDx provides information from countries that have made rice fortification mandatory. GFDx shows that many countries have taken a critical first step to eliminate hidden hunger through the legislation of food fortification – a proven, costeffective, sustainable, and scalable intervention to address hidden hunger by adding vitamins and minerals to staple foods. According to the latest GFDx data, 137 of 196 countries mandate food fortification of at least one food, while 68 mandate fortification of two foods. However, in these countries, commonly fortified foods – oil, wheat, and maize flour – reach only 51 percent, 26 percent, and 4 percent, respectively, of people on average. The rest are potentially vulnerable to deficiency in critical nutrients. "GFDx shows that countries are on board with food fortification, but they're struggling to implement it, or at least not collecting the data on programme performance," says Helena Pachón, Senior Nutrition Scientist at the Food Fortification Initiative. For the first time, GFDx allows users to track and map international progress toward fortification of major food staples: specifically, oil, rice, salt, and maize and wheat flour. "GFDx isn't just a data tool, it's an advocacy tool, to drive demand and political will,” says Jessica Fanzo, co-Chair of the 2018 Global Nutrition Report and Bloomberg Distinguished Associate Professor of Global Food & Agricultural Policy and Ethics at Johns Hopkins University. “Not only does it tell us which foods are fortified and how many people those foods are reaching, it's designed for the right audience: decision makers. As a country leader, if you can see that a critical vitamin is reaching people in a neighboring country, but not your own? That has the potential to be highly motivating." Nigeria showcases advances in Food & Beverage at West Africa trade show By Chioma Obinna NIGERIA holds Food & Beverage West Africa international trade show Nigeria's food and drink retailers will have the opportunity to connect with suppliers, distributors and manufacturers at a new globally-recognised business exhibition next year. Food & Beverage West Africa, a free-to-attend three-day trade event, will provide a platform for local companies to build business relationships with clients from across Nigeria, neighbouring West African countries and from around the world. The exhibition billed to take place 18th June through 20th, 2019 at the Landmark Centre in Lagos is expected to attract over 4,000 people from the sector. Participants will include food and drink retailers, grocery buyers and hospitality businesses looking to source the best products and business deals from over 150 exhibitors. The event which has the backing of the Association of Food Vendors in Nigeria, AFVN, Balogun Business Association Nigeria, Ogabaru Main Market Traders Association, OMMTA, Onitsha, Onitsha Main Markets Traders Union, OMMATU, and Eziukwu Road Traders Association is a new exhibition created by BtoB Events, a dynamic Exhibition organiser, created by the former divisional director for Africa of a FTSE 100 organisation within the exhibition industry. On the event, Managing Director of BtoB Events, Jamie Hill said: "Having organised exhibitions in the food and beverage sector across Africa for the past three years I am particularly excited about it. "The foundations are in place to create a global market place here in Lagos, connecting local and international business and forging long term trade partnerships and knowledge sharing." “The event will help Nigerian companies who wish to expand their business across the country and to export to the Economic Community of West African States. "We have country pavilions already confirmed from no less than four continents, with more in the pipeline - so it really will be a unique opportunity for Nigeria to taste and sample the flavours of the world," said Mr Hill. "We want people to realise how exciting the market is here with huge opportunities and a growing customer base. Our long-term ambition is for the overseas companies taking part to establish good business links and set up their manufacturing plants in Nigeria in the future." JustFood, West Africa's leading provider of quality consumables and global food equipment brands, along with NASCO, an export and wholesale company based in the UK, are signed up as Gold Sponsors. Furthermore, national pavilions from countries such as Brazil, Indonesia, India, Pakistan, South Africa, Turkey and Sri Lanka have already confirmed their participation. Spar, which has 10 hypermarket-style retail stores across Nigeria, is the Retail Partner for the event.
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19032019 - Sack Buhari, declare me winner, Atiku tells tribunal

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