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Vanguard Newspaper 27 February 2020

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16—Vanguard, THURSDAY, FEBRUARY 27, 2020<br />

WORKSHOP: From<br />

left— Product Manager,<br />

Canva (Australia),<br />

Robyn King; SIP Fellow<br />

and Founder/CEO,<br />

RenewDrive Solutions,<br />

Babajide Oluwase;<br />

Head, Strategic Brand<br />

Management, Union<br />

Bank, Ngozi Akinyele<br />

and Manager,<br />

Programmes, LEAP<br />

Africa, Olusegun Alimi<br />

at LEAP Africa's 2020<br />

Social Innovators<br />

Programme Workshop<br />

in partnership with<br />

Union Bank in Lagos.<br />

Tension in Edo community over alleged<br />

installation of monarch<br />

By Ozioruva Aliu<br />

BENIN CITY—THERE<br />

is tension in Okpella<br />

community in Etsako East<br />

Local Government Area of<br />

Edo State over the<br />

purported installation of<br />

Mr Mika Sado as the new<br />

Okuokpellagbe of Okpella<br />

almost one year after the<br />

demise of Alhaji Yesufu<br />

Dirisu.<br />

Addressing a press<br />

conference at the residence<br />

of Chief Acheku Ogene<br />

who is the most senior chief<br />

of Oteku kindred which had<br />

elders, women, young<br />

people including all the<br />

village heads of Iddo-<br />

Okpella community, Jibril<br />

said there are pending legal<br />

issues that needed to be<br />

sorted out before a new king<br />

would be installed in the<br />

community and that by the<br />

action of Sado, he has<br />

disqualified him<strong>self</strong> from<br />

being a contender in the<br />

vacant stool having gone<br />

against laid down rules and<br />

procedures.<br />

He said: “The entire village of<br />

Iddo seize this opportunity to<br />

state unequivocally that the<br />

aforementioned installation was<br />

bogus, unrepresentative and<br />

downright illegal.<br />

“For the benefit of those who<br />

may not know, there are two<br />

primary issues both pending<br />

court’s determination to be<br />

sorted out before the choice of<br />

successor to the kingship of<br />

Okpella. First, it is yet to be<br />

agreed which of the two<br />

communities of Iddo and<br />

Ukhomunyio is to be granted<br />

the right to provide the next<br />

successor. Second, it remains<br />

BredHub seeks introduction of artificial<br />

intelligence skill in school curriculum<br />

By Gabriel Olawale<br />

LAGOS—BLISS Team<br />

Educational Services,<br />

BredHub has called on<br />

federal government to<br />

introduce artificial intelligence<br />

skill in school curriculum as<br />

part of measure towards<br />

preparing this generation for<br />

the future.<br />

Speaking ahead of Train-<br />

The-Trainer program slated for<br />

13th - 18th of March in Lagos,<br />

General Manager, Bliss<br />

Team Educational Services,<br />

Christian Chime said that<br />

government need to<br />

champion initiative that<br />

introduce children and youths<br />

to the world of innovation<br />

unsettled which of the two varied<br />

traditional institutions is rightly<br />

vested with the responsibility of<br />

constituting kingmakers”<br />

He said actions taken outside<br />

these legal issues cannot stand<br />

and seen as “taunting the<br />

peaceful co-existence of our<br />

community to which we expect<br />

that government take immediate<br />

stand against these criminal<br />

elements for rousing tensions.”<br />

As at the time of this report,<br />

Sado’s line is switched off and he<br />

is yet to respond to a text message<br />

sent to him.<br />

Food, other commodities' shortage hit Edo IDP camp<br />

BENIN<br />

CITY—<br />

SHORTAGE of food<br />

and other essential<br />

commodities have hit the<br />

Internally Displaced<br />

Persons, IDP, camp in<br />

Ohogua, Ovia North East<br />

Local Government Area<br />

which is housing about<br />

4,000 inmates mostly<br />

people displaced by Boko<br />

Haram and other displaced<br />

persons.<br />

Coordinator of the Centre,<br />

International Christian<br />

Centre for Missions,<br />

ICCM, Pastor Folorunsho<br />

Solomon stated this when<br />

he received the Presiding<br />

Bishop of Jesus Breeds<br />

Ministries Worldwide,<br />

Bishop Omoruyi<br />

Okundaye who visited the<br />

internally displaced<br />

persons to mark his 80th<br />

birthday.<br />

Folorunsho disclosed that every<br />

morning and evening they have<br />

been praying that God should<br />

send people that would bring food<br />

for them and appealed to other<br />

individuals, corporate<br />

organisations, government and<br />

others to come to their aid.<br />

He said: "we thank you for<br />

coming today. We have been<br />

praying day and night for God to<br />

send people that will bring food<br />

for us. Sir, the situation you met<br />

on ground is very critical. They<br />

have not eating meat for a long<br />

time. That is why when they saw<br />

the cow and food stuffs, the<br />

children were singing and<br />

dancing. They were saying 'rice<br />

and stew,' they wanted to fly.<br />

"When you walk in, we know<br />

that God sent you to answer our<br />

prayers. We thank you and we are<br />

very grateful. Despite your busy<br />

through the teaching of Robotics,<br />

Artificial Intelligence, Coding and<br />

Science, Technology, Engineering and<br />

Mathematics (STEM) education.<br />

Chime hinted that, in the<br />

nearest future, the world is<br />

expecting the AI/Robotics to be a<br />

way of life and will play great roles<br />

in human existence on earth.<br />

“Whoever leads in artificial<br />

intelligence in 2030 will rule the<br />

world until 2100.<br />

“We want this skill to be part of<br />

school curriculum, we want every<br />

student to be able to build and<br />

program robotic. Irrespective of<br />

what a child want to become, he<br />

or she need to understand how to<br />

use technology because it is<br />

taking over every industry, it make<br />

process faster in whatever industry<br />

schedule you count it worthy to<br />

see us. Is a great sacrifice you<br />

have made. Sir, we want you to<br />

also be their voice outside this<br />

place. Please be their voice in<br />

every circle," he appealed.<br />

EIGS old<br />

students meet<br />

Saturday<br />

THE annual national<br />

general meeting of<br />

Esie/Iludun Grammar<br />

School Old Students<br />

Association comes up on<br />

Saturday, February 29,<br />

2020.<br />

According to Dr Amos<br />

Biala, the meeting will<br />

take place at Treden<br />

Hotels, Tanke Road,<br />

Ilorin, Kwara State. The<br />

time is 10am.<br />

they are going to find themselves.<br />

“BredHub in partnership<br />

with UBTECH is organizing an<br />

interactive Artificial Intelligence<br />

and Robotics training for<br />

teachers and educators so that<br />

they can educate their<br />

students."<br />

BredHub Coordinator,<br />

Chimezie Ikeme said that<br />

Artificial Intelligence/Robotics<br />

has come to stay and it will soon<br />

disrupt the work space because<br />

the evolutionary trend is<br />

ongoing, “let me tell you, in the<br />

next five to ten years the work<br />

space will be different and some<br />

business will naturally go into<br />

extinction."<br />

On his part, Ekundaye said he<br />

felt his birth day celebration would<br />

not be complete without<br />

identifying and celebrating with<br />

the IDP victims.<br />

Passage<br />

HE death has occured<br />

Tof Princess Martha<br />

Arinade Odubekun, mother<br />

of a former frontline<br />

newscaster with the<br />

Nigerian Television<br />

Authority, NTA, Funmi<br />

Odubekun. She was 90<br />

years old.<br />

A funeral service and<br />

Requiem Mass will be held<br />

in her honour at the Most<br />

Pure Heart of Mary Catholic<br />

Church, Esure in Ijebu<br />

Esure, Ogun State on<br />

Friday, February 28, at 11am<br />

to be followed immediately<br />

by interment.<br />

Reception holds at Bisi<br />

Rodipe Hall, GRA, off<br />

Igbepo Road, Ijebu Ode on<br />

the same day. She is survi<br />

ved by four children, Tosin,<br />

Funmilayo, Francis and<br />

Tokunbo Odubekun<br />

among other relations.<br />

Late Princess Martha<br />

Odubekun.<br />

Dangote Cement's export<br />

affected by border closure<br />

DANGOTE cement said on Wednesday its export<br />

volumes in 2019 had been affected by border<br />

closure in its home country of Nigeria, which is trying<br />

to combat smuggling.<br />

Nigeria closed its land border in August to curb<br />

smuggling of rice and arms, which it says threatens<br />

efforts to boost local production and security and to<br />

generate state revenues through import duties, the<br />

customs service has said.<br />

Moody's cuts 2020 global auto sales<br />

outlook on coronavirus hit<br />

CREDIT ratings agency Moody’s Investor<br />

Service on Wednesday cut its 2020 outlook for<br />

global auto sales, with China taking the biggest hit as<br />

the coronavirus outbreak worsens.<br />

The agency said here it expects global auto sales to<br />

fall 2.5 percent in 2020, more than its previous<br />

estimate of about 0.9 percent drop.<br />

Moody’s retained a “negative” outlook on the sector<br />

and said it expects global sales to rebound only<br />

modestly in 2021 with growth of 1.5 percent.<br />

The agency now expects auto sales in China, the<br />

world’s largest market, to fall 2.9 percent in 2020 from<br />

previous estimates of 1 percent growth.<br />

The China Association of Automobile Manufacturers<br />

(CAAM) on Wednesday warned it expects significant<br />

declines in China’s automotive production and sales<br />

levels in February due to the coronavirus outbreak.<br />

European shares tumble to fourmonth<br />

low as virus risks grow<br />

EUROPEAN shares fell to a near four-month low<br />

on Wednesday, as the fast-spreading coronavirus<br />

deepened fears about its impact on global growth with<br />

marquee companies sounding the alarm on earnings.<br />

The main European equity benchmark STOXX 600 tumbled<br />

2.6 percent, marking its first five-day losing streak<br />

since July.<br />

Travel stocks, financial services, chemical and technology<br />

stocks were among the worst hit, falling between 3 percent<br />

and 4 percent.<br />

The losses followed a grim session for Asia and Wall<br />

Street overnight after U.S. health officials warned Americans<br />

should prepare for possible community spread of the<br />

virus that has now hit Spain and dozens of countries from<br />

South Korea to Italy.<br />

The STOXX 600 is trading 9.4 percent below the record<br />

highs hit just last week, while the past four trading sessions<br />

has wiped out about $3 trillion in value of world<br />

Banks struggle to shift<br />

•1.8bn of Iliad loans<br />

BANKS are struggling to shift €1.8bn of loans for<br />

French telecom and fibre network operator group<br />

Iliad, banking sources said.<br />

The loans were launched to back founder and majority<br />

shareholder Xavier Niel’s share buyback, in which he<br />

increased his stake in the company to just over 72%.<br />

The loans are being raised at a holding company level,<br />

so as not to affect leverage at Iliad’s operating company,<br />

where leverage is at around 2.0 times, the sources said.<br />

BNP Paribas, Credit Agricole, Natixis and Societe<br />

Generale are leading the corporate leveraged financing,<br />

which should have closed for syndication around two<br />

weeks ago, sources said.<br />

“The financing is trundling along slowly in the<br />

background like a slow train to nowhere. It will get there<br />

in the end,” a senior banker said.<br />

South Africa: Economic growth<br />

revised downward to 0.9%<br />

SOUTH Africa's economy is expected to grow<br />

by 0.9% in 2020, National Treasury said on<br />

Wednesday.<br />

This is a downward revision from the 1.7%<br />

projection made in the February 2019 budget.<br />

In its budget review just over a year ago, Treasury<br />

had projected real economic growth of 1.5% in 2019<br />

and 1.7% in 2020.<br />

"We now expect real growth of only 0.3 per cent in<br />

2019 and 0.9 per cent in 2020. In 2019, consolidated<br />

government spending reached a historic high of 36%<br />

of GDP [Gross Domestic Product]," said Treasury in<br />

the current budget review.<br />

Some strories from Reuters

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