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COVID-19: Reps suspend sitting for 2 weeks

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COVID-19: Reps suspend sitting for 2 weeks
4th March 2020
2019 budget defence: Reps drill SON DG, AuGF

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Ndubuisi Orji, Abuja and Chinelo Obogo

The House of Representatives has mandated the management of the National Assembly to shut the parliament for two weeks to facilitate the installation of infrastructure and other preventive measures that would protect lawmakers and workers from coronavirus.

The House urged the Federal Government to release emergency funds to the Ministry of Health, as well as other health agencies and institutions to eliminate the threat of coronavirus in Nigeria. It also called for the immediate reactivation of all centres established and designated for the treatment and management of Ebola cases in the country for the management of suspected cases and victims of coronavirus.

These were part of the House resolutions following the adoption of a motion by Hon. Unyime Idem on the "Need for Emergency Response and Tackling of Deadly Coronavirus (COVID-19)" at yesterday's plenary.

The Green Chamber called on the Federal Government to ensure that at least two functional isolation centres were designated in each of the six geopolitical zones for the quarantine and management of suspected cases of coronavirus.

It also called on government to ensure the provision of adequate personal protective equipment (PPE) for healthcare workers, and more drugs and equipment in hospitals and health facilities, especially at emergency and intensive care units.

Idem, in his lead debate, said the first case of coronavirus infection was recorded in the country in Lagos, after an Italian tested positive to the virus, stressing that it was imperative for government to take steps to prevent the spread of the virus in the country.

"The socio-economic implications of the outbreak of COVID-19 in Nigeria can be very disastrous. This can be threatening to the lives of about 200 million Nigerians. Hence, events have been cancelled or rescheduled as the disease ravages the world.

"With the current situation of health facilities in Nigeria, the virus, if not properly checked or curtailed, will easily be transmitted within the larger population and may lead to a wider catastrophe," he said.

Minority Leader, Ndudi Elumelu, said there was need for the National Assembly to tackle the issue with seriousness: "I think that this is very serious and I think that this House should suspend plenary for a period of two weeks or thereabouts for the singular fact of satisfying everybody and also allow management to put measures in place so that some of us can be tested. It might sound like a joking matter, but it is a very serious and this House should take it as such. Otherwise, you don't know who you will be shaking. The man who was the driver of the Italian has not been seen. Jokes apart, I think that the management and the leadership should ensure that this matter is given the seriousness that it deserve," Elumelu said.

Awaji-Inombek Abiante said there was need for concerted effort to be made in tackling the virus, noting that it was unfortunate that, despite the anxiety created in the polity by COVID-19, there was no single thermometer to test people coming into the National Assembly.

NCDC DG quarantined

The director-general of Nigeria Centre for Disease Control (NCDC), Chikwe Ihekweazu, has been quarantined for 14 days over coronavirus fears after he returned from a trip to China.

Minister of Health, Osagie Ehanire, disclosed this on Tuesday when he updated the Senate on the efforts of his ministry to contain the spread of coronavirus in the country.

He told the Senate that Ihekweazu was quarantined because it was the standard practice for those who just returned from China, where the disease broke out in December.

Ehanire said his isolation was part of protocol that anybody who has been out of the country is immediately isolated: "If he is positive, he is sent straight away to the isolation centre. But anybody who is coming from any of these areas, after being screened and with zero symptoms, first we give him good advisory that, in the interest of everybody around him, keep yourself isolated in your house."

"Meanwhile quarantine means keeping somebody who is healthy on observation to see if he develops the symptoms of the disease. If he develops the symptoms, he moves from quarantine to isolation. Isolation means you have it and you are not allowed to contact anybody else because you can infect other people. Dr. Ihekweazu is in quarantine in his own house, that is international standard practice, recommended by WHO. After the mandatory period, then he is free to come out, this is the standard practice in many countries."

Meanwhile, the Chinese man who arrived in Lagos Monday on an Ethiopian Airlines with cough has tested negative for coronavirus, Lagos State Health Commissioner, Prof. Akin Abayomi, has said.

He was reportedly seen coughing on board an Ethiopian Airlines flight enroute Addis Ababa-Lagos on Monday evening and at the arrival hall of the Murtala Muhammed International Airport, Lagos, he was also observed to have coughed twice. He was immediately separated from other passengers and after checks by port health officials, he was scheduled to undergo other tests.

Confirming the development, the MMIA manager, Mrs. Victoria Shinaba, said, "We are still expecting the results from Lagos State.''

FG moves to prevent spread in high-risk areas

The Federal Ministry of Environment has said it would deploy environmental health officers (EHO) to high-risk areas in Nigeria to prevent the spread of COVID-19.

Dr. Mohammad Abubakar, Minister of Environment, made this known while briefing newsmen on the environmental health response to COVID-19 outbreak in Nigeria on Tuesday in Abuja.

According to Abubakar, the ministry is taking this measure to support the Ministry of Health's containment strategy against the disease.

He said that large pool of environmental health volunteers would be mobilised for this purpose.

The minister stated that the EHOs would be deployed to public places, including markets, schools, motor parks and train stations.

Abubakar said, based on the foregoing, the Nigerian response needs to be comprehensive, multistakeholder and multisectoral in nature, learning from countries presently at war with the novel COVID-19.

"International best practices of instituting cordon sanitaire and social distancing in our communities where needed will be utilised to limit contact of people with those that may be infected with the viral disease.

"In the same vein, environmental decontamination and disinfection shall be undertaken in high exposure areas with a view of killing the enveloped viruses," he said.

He urged the ministry of environment at the state level to be proactive and key into the preparedness in their respective states: "I hereby charge EHO in states and local ports to engage butchers to ensure they do not handle, slaughter, dress and prepare meats originating from wild animals or sick livestock, which have died from unknown causes."

He also advised Nigerians to regularly wash their hands, and cover their mouth and nose while coughing and sneezing.

Senate seeks more standard isolation centres

Senate President Ahmad Lawan has called on the Federal Government to provide more standard isolation centres across the country to check likely spread of Coronavirus.

He made the call at a meeting with the health minister and officials of the NCDC at the National Assembly Complex, yesterday.

While raising concerns over the fact that the centre in Gwagwalada, in the Federal Capital Territory, was uncompleted, Lawan called for the establishment of standard centres in the six geopolitical zones.

"We need to do something pragmatic. The building in Gwagwalada is not completed so we have a temporary centre and the temporary centre is not a standard centre.

"God forbid, if something happens in Abuja, Nasarawa, Niger or Kogi, because they don't have isolation centres, what do we do?

"Some states provide response centres. I imagine we should have the standard set by the Federal Ministry of Health for the centre for disease control rather than states doing whatever they think they should do.

"For now, I think only Lagos has a standard and functioning centre. The one in Gwagwalada is not ready, the one in Kano is not ready, that is my understanding.

"I think we need to step up; because this is an emergency, we should do whatever it is to provide the centres, to make them functional, should there be any need.

"If there is no need, that expenditure is not in vain. We have done it in the interest of our people," he said.

The Senate would visit the Gwagwalada centre, today, to ascertain the state of affairs.

Dangote donates N200m to fight

The Aliko Dangote Foundation (ADF) yesterday pledged to support the current efforts of the Nigerian government against Coronavirus with N200 million.

The ADF's intervention is considered the largest single donation by a corporate organisation in the country to contain the spread of virus since a foreigner was tested positive last month in Lagos.

The Aliko Dangote Foundation also committed about N1 billion to the fight against the dreaded Ebola virus disease (EVD) in Africa.

The foundation directly supported the Nigerian government's Ebola containment efforts through strategic investments that built resilience and strengthened Nigeria's health system in a manner expected to endure beyond the Ebola crisis period.

Among others, the foundation, during the Ebola crisis, supported government through the followings: Provision of funding for the establishment of the National Ebola Emergency Operations Centre in Yaba, Lagos; provision of 12 units of thermal cameras across Nigeria's international airports with training for 160 staff/personnel of the Federal Ministry of Health, Port Health Services Department, on the use of the thermal cameras; provision of WHO-certified personal protective equipment against Ebola; donation of $3 million to support the African Union's intervention against Ebola in West Africa; and also complete logistics support for returnee volunteers on Ebola intervention across countries ravaged by Ebola.

President Muhammadu Buhari had then commended Mr. Aliko Dangote for what he described as "remarkable sacrifices in eradicating Ebola virus disease and polio in Nigeria."

The managing director and CEO of the Aliko Dangote Foundation, Ms. Zouera Youssoufou, who was represented by the health and nutrition programme officer, Maryam Shehu-Buhari, at a donor coordinating meeting in Abuja on Tuesday, said the donation was part of the foundation's cardinal objective.

The ADF was the only wholly-Nigerian donor that attended the meeting and made a monetary pledge.

To this extent, she said the foundation had earmarked N124 million to support facilities to help prevent, assess and respond to health events at point of entry to ensure national health security.

Youssoufou said other areas where the foundation was supporting included surveillance and epidemiology, where facilities worth N36 million would be provided by to support government's efforts.

According to her, the ADF would also donate N48 million for case management training of health workers.

At the meeting facilitated by the World Bank, the bank's country director, represented by the operations manager, Ms. Kathleen Whimp, identified four thematic areas in tackling the spread of COVID-19: Regular communication with the public, contact tracing, training of volunteers and international co-operation

LIVERPOOL vs MANCHESTER UNITED

Liverpool midfielder Fabinho (ankle) and defender Joel Matip (knee) return to the squad after lengthy absences.

Defender Dejan Lovren (hamstring) is set to return on Monday but no comeback date has yet been set for midfielders James Milner (hamstring) and Naby Keita (groin).

Marcus Rashford is unlikely to feature for United after aggravating a back injury in the FA Cup replay win over Wolves.

Luke Shaw (hamstring) is a doubt and Eric Bailly is unlikely to be risked, while Paul Pogba, Marcos Rojo, Scott McTominay are all still out.

Last season: Man Utd 0 Liverpool 0, Liverpool 3 Man Utd 1

Top scorers (all competitions): Sadio Mane (Liverpool) 15; Marcus Rashford (Man Utd) 19

Referee: Craig Pawson (South Yorkshire)

Drake preparing for performance across Africa

The Canadian rapper plans to visit two cities in Nigeria, Lagos, and Abuja

- It was gathered that Drake would perform on Saturday, March 29 and Sunday, March 30

Popular Canadian rapper, Aubrey Graham, professionally known as Drake, is reportedly set to visit Nigeria in March this year. It was reported that the rapper would visit Nigeria as part of his six-city tour of Africa.

At the end of 2019, Nigeria was graced with the presence of top international stars like Cardi B, Megan Thee Stallion, and Future.

It seems like their visit to Nigeria has got more international artists making plans to visit Nigeria. Drake is said to have made plans to perform in two cities, Lagos and Abuja.

Drake will take his performance to Ghana on Friday, March 27. and then perform in Nigeria on Saturday, March 29 and Sunday, March 30.

Meanwhile, the Canadian rapper reached out to a die-hard fan of his in Nigeria with a promise to fly him out to one of his shows. David Jagun who is a Nigerian undergraduate has been a strong fan of the rapper for a long time. Reacting to Drake's generous offer, he thanked the superstar

Hon. Ari, Nassarawa Federal Lawmaker Pays Over N33.9m WAEC Fees for Constituents

Hon. Ari, Nassarawa Federal Lawmaker Pays Over N33.9m WAEC Fees for Constituents
It is no longer news that today's harsh economic condition has left thousands of parents struggling to pay for their children's education fees particularly at a time where many states government are owing salaries.

It is on this premise that a member representing Nassarawa State Rep. Abdulmumin Ari (APC-Nassarawa) paid the West African Examination Certificate (WAEC) fees for 2,428 indigent students in public secondary school in his constituency.

This gesture was also extended to the state school of Nursing where over 27 females' students were being sponsored. 18 students have been presented with cheques of 100 thousand each while the remaining students are expected.

According to him, the importance of education cannot be overemphasized as it is the bedrock to which any society can develop. He, therefore, urged the beneficiaries to take their education seriously.

Hon. Abdulmumin is the first time Member of the Federal House of Representatives after winning his election during the general election. Until his sojourn into politics in 2019, he is a successful businessman and philanthropist who has touched many lives in his own little way.

Each student is to collect N14,000 out of approved WAEC fee of N17,000. Parents are augmenting the balance of 3000.

Some of the schools that benefited from the gesture include among others from Toto local government are GSS Umaisha, GSS Ugya, GSS Shafan Abakpa, GSS Shafan Kotto, GSS Ukya, GSS Toto, GSS Toto west, GSS Gadabuke, GSS Araba, GSS Kullo, GSS Majaga, GSS kuru, GSS Yerwa, GSS Gwargwada, GSS Nahuce, GSS Karmo, GSS Tudu Uku, GSS Karmo Gangi, GSS Adadu, GSS Loko Goma, GSS Chiji-Gate.

Schools in Nasarawa LG are, GDSS Nasarawa, GSSS Nasarawa, Govt. College Nasarawa, GSS Tammah, GSS Marmara, GSS Laminga, GSS Kurudu, GSS Ara, GSS Gudige Sabo, GSS loko, GSS Mararaba, GSS Oguba, GSS Onda, GSS Kana, GSS Aisa, GSS Guto, GSS Ogufa, GSS Ayele, GSS Ajaga, GSS Afuta, GSS Esheshi, GSS Udeni Gida, GSS Udeni Magaji, GSS Akum, GSS Oseni, GSS Usha Kadu, GSS Apawu kuri, GSS Ittah, GSS Udege Kasa, and GSS udege Mbeki.

At the ceremony, the Admin Secretary further informed the gathering of the assurance of Hon. Ari in extending hands of assistance to them always. He, however, urged the beneficiaries to show dedication in their course of studies and be good ambassadors of this constituency.

Appreciating the kind gesture given to their Daughters and wards, Mallam Isah Ushata, Abdulraheem Gashinbaki, APC chairman Odu ward, elected councillor Onda Kana ward, and PDP Youth leader Nasarawa North-ward among others unanimously thanked the honourable member for given out this equal opportunity to every daughter in the constituency without considering party, ethnic and religion affiliations. That's the motive why we called him Ari Nakowa.

Rep. Abdulmumin hailed from the family of Late Alhaji Ari Muhammad Ari from Angwan Dutse in Nassarwa Town, Nassarwa LG. He did his primary education at Bakolo Ajaga in Loko Development Area of Nassarawa LG and had his Secondary School at GSS Nassarawa town before he proceeded to ATBU and FUT and obtained a degree in Quantity Survey.

Hon. Abdulmumin is happily married with 3 wives, 7 children, 4 boys, and 3 girls.

Whitney Houston, Biggie Among Rock Hall Of Fame Inductees

Popicon Whitney Houston and rapper The Notorious B.I.G. are among this year's Rock and Roll Hall of Fame inductees, the institution announced Wednesday.

The late legends are joined by the synth-pop act Depeche Mode and the industrial experimental group Nine Inch Nails, along with the 1970s rockers The Doobie Brothers and English glam rock band T-Rex.

The 2020 class is marked by legendary artists who died young.

The Notorious B.I.G. — a pride of New York, widely considered one of the greatest rappers of all time — was inducted in his first year of eligibility, which comes 25 years after the release of an act's first commercial recording.

The artist born Christopher Wallace and colloquially known as Biggie was murdered in 1997 in Los Angeles at age 24, in a still-murky shooting that some speculated was part of a feud between East Coast and West Coast rappers.

Houston, the most awarded female artist of all time, died at 48 years old in 2012 after a public struggle with drugs, following a decade that saw her go from America's sweetheart to tabloid drama queen.

The induction of Houston and Biggie mark a continuation of the institution's broadening acceptance of genres into its ranks. Recent classes have included the rapper Tupac Shakur, Radiohead and Janet Jackson.

The organization founded in the early 1980s has faced criticism over the years, however, for its lack of diversity and limited recognition of women.

During last year's gala, Jackson brought up the issue in her acceptance speech, saying "2020 — please induct more women."

But just three women were among the short-list of potentials this year: Houston, who made the cut, along with Pat Benatar and Rufus, featuring Chaka Khan.

The new class of inductees will be celebrated with the annual star-powered ceremony set for May 2 in the Hall of Fame's home city of Cleveland, Ohio.

Inductees are chosen following a survey of more than 1,000 musicians, historians and industry members, who consider an act's career work, innovation, skill and influence in voting in new members.

Whitney Houston, Biggie Among Rock Hall Of Fame Inductees

Popicon Whitney Houston and rapper The Notorious B.I.G. are among this year's Rock and Roll Hall of Fame inductees, the institution announced Wednesday.

The late legends are joined by the synth-pop act Depeche Mode and the industrial experimental group Nine Inch Nails, along with the 1970s rockers The Doobie Brothers and English glam rock band T-Rex.

The 2020 class is marked by legendary artists who died young.

The Notorious B.I.G. — a pride of New York, widely considered one of the greatest rappers of all time — was inducted in his first year of eligibility, which comes 25 years after the release of an act's first commercial recording.

The artist born Christopher Wallace and colloquially known as Biggie was murdered in 1997 in Los Angeles at age 24, in a still-murky shooting that some speculated was part of a feud between East Coast and West Coast rappers.

Houston, the most awarded female artist of all time, died at 48 years old in 2012 after a public struggle with drugs, following a decade that saw her go from America's sweetheart to tabloid drama queen.

The induction of Houston and Biggie mark a continuation of the institution's broadening acceptance of genres into its ranks. Recent classes have included the rapper Tupac Shakur, Radiohead and Janet Jackson.

The organization founded in the early 1980s has faced criticism over the years, however, for its lack of diversity and limited recognition of women.

During last year's gala, Jackson brought up the issue in her acceptance speech, saying "2020 — please induct more women."

But just three women were among the short-list of potentials this year: Houston, who made the cut, along with Pat Benatar and Rufus, featuring Chaka Khan.

The new class of inductees will be celebrated with the annual star-powered ceremony set for May 2 in the Hall of Fame's home city of Cleveland, Ohio.

Inductees are chosen following a survey of more than 1,000 musicians, historians and industry members, who consider an act's career work, innovation, skill and influence in voting in new members.

Hope Uzodinma Sworn In As Imo State Governor

Senator Hope Uzodinma has been sworn in as the governor of Imo State.

The governor-elect and his deputy, Professor Placid Njoku, were sworn in by the Chief Justice of the state, Justice Pascal Nnadi.

The swearing-in ceremony was held at the Imo State Government House, hours after Senator Uzodinma received his certificate of return from INEC in Abuja and one day after the Supreme Court nullified the election of Emeka Ihedioha and declared him the elected governor of the state.

The National Chairman of the APC, Adams Oshiomhole, former Governor of the State, Senator Rochas Okorocha and governorship candidate of APGA in the 2019 governorship election, Ifeanyi Ararume were among those in attendance at the swearing-in ceremony.

Rev. Father Ejike Mbaka, who had predicted that Senator Uzodinma will emerge as governor of the state, was among those who were present at the event.

The priest had drawn a large crowd upon his arrival as many swarmed his car praising him for his predictions

Several APC chieftains, including APC National Vice Chairman, Emma Eneukwu, APC National Organising Secretary, Emma Ibediro, the Speaker of the Imo House of Assembly Chiji, as well as Ahmed Gulak and Andy Uba, were also in attendance.

Earlier, Senator Hope Uzodinma had said that he owes his gubernatorial victory at the Supreme Court to a functional judiciary.

Speaking after he received the Certificate of Return from the Independent Electoral Commission (INEC) as the governor-elect of Imo State, Sen Uzodinma stated that the Supreme Court's judgment is justice for the Imo People.

"We owe this victory to the almighty God, we owe it to the functional judiciary, the Supreme Court used the eagle eyes of the law and gave us justice, and there is so much excitement down there in Imo state," Uzodinma said.

Senator Uzodinma told newsmen that the verdict was the wish of the Imo people who came out and voted for the ruling All Progressives Congress (APC) and himself.

Mr. Uzodinma also noted that there is happiness in Imo State, adding that this is a sign that the peoples'expectations and the mandate which they have given him, was protected.

The governor-elect promised to deliver for the Imo people, stating that he owes them that much.

Hope Uzodinma Receives Certificate Of Return As Imo Governor-Elect

Hope Uzodinma Receives Certificate Of Return from INEC As Imo Governor-Elect on January 15, 2020. PHOTOS: ChannelsTV/Sodiq Adelakun

Senator Hope Uzodinma of the All Progressives Congress (APC) has received the Certificate of Return from the Independent Electoral Commission (INEC) as the governor-elect of Imo State.

He was awarded the certificate on Wednesday in Abuja, barely 24 hours after the Supreme Court nullified the election of Emeka Ihedioha as the governor of the state

Consequently, a seven-man panel led by Chief Justice Tanko Muhammad unanimously declared the Senator the winner of the March 19 governorship election.

The appellant, Senator Uzodinma contended that he scored the highest number of votes in the election, but that INEC had returned Emeka Ihedioha as the governor of the State.

Justice Kudirat Kekere-Ekun who delivered the judgment declared that the votes due to Senator Uzodinma were unlawfully excluded from the 318 polling units and should be added to his votes.

The apex court also considered the submissions of a principal witness who was on a subpoena to present results and held that the lower court was wrong in its rulings

While reading the lead judgment, Justice Kekere-Ekun declared Senator Uzodinma as the validly elected Governor and the Certificate of Return issued to Ihedioha be withdrawn immediately.

Meanwhile, candidate of the Action Alliance (AA), Uche Nwosu, withdrew a second appeal filed against the election of Emeka Ihedioha.

According to his counsel, Mr Solomon Umoh (SAN), the withdrawal on Tuesday is based on the judgment of the apex court which had been delivered on the 20th of December 2019.

Updated 15th January 2020

INSURANCE LIMITED (OIL) DECLARES $250 MILLION DIVIDEND AND MODIFIES TWO COMPONENTS OF THE RATING AND PREMIUM PLAN HAMILTON, Bermuda, March 27, 2019,/P

OIL  — OIL held its 2019 Shareholder's Annual General Meeting (AGM) on Thursday, March 21st at the Hamilton Princess in Bermuda. During the meeting, it conducted the review and approval of the 2018 annual financial statements as well as the election of directors.

For 2018, OIL recorded a $404.6 million underwriting loss. After factoring in net investment losses and administrative expenses, OIL's net loss for the year was $675.6 million. For additional information about OIL's 2018 financial results, please visit www.oil.bm to view our audited financial statements. After the review of the year-end financials, shareholders approved the financial statements and the re-appointment of KPMG as auditors for the fiscal 2019 year.

In addition, the Company reported at the AGM that the Board of Directors had declared a dividend in an aggregate amount of $250 million to all shareholders on record as of January 1, 2019 payable on or before August 30, 2019.

Theodore Guidry II, Chairman of the Board, explained, "The Board decided to authorize the $250 million dividend after carefully reviewing the company's multi-year Capital Management Plan. Despite the 2018 financial results, the plan clearly indicated that there was capital available to pay a dividend without negatively compromising the capital and financial strength of the company. As in the past, it is our policy to return available capital to the shareholders when prudent to do so."

Lastly, the shareholders approved two changes to the Shareholders Agreement. The first decision protects the company from future potential credit losses. Commencing in 2019, all shareholders must be investment grade if they wish to elect or continue to elect the Retrospective Premium Plan that allows a shareholder to retroactively purchase up to 40% of the $400 million limit on a strict dollar of premium for dollar of loss basis over the subsequent five-year period. The second decision eliminates the need for shareholders to declare assets located in the Offshore Region of the Gulf of Mexico for purposes of determining pool percentages in the Offshore Designated Named Windstorm pool. This decision was warranted as a matter of equity given that OIL excluded coverage for Offshore Gulf of Mexico Windstorm starting in 2018.

Bertil C. Olsson, President & CEO, commented that, "While 2018 turned out to be financially challenging, OIL is focused on creating long term value and we continue to enjoy a strong commitment and belief in the system by our dedicated shareholder base. Including 2018, OIL has charged its shareholders $2.1 billion in premium over the last five years while returning $1.8 billion of dividends during that same period. While premiums did increase in 2019, the recently announced dividend will offset a significant amount of that increase for our members. OIL continues to operate from a position of strength and will continue to offer long-term value to the world's leading energy companies."

George Hutchings, Senior Vice President & COO, stated that, "The most important accomplishments of 2018 were operational. Several strategic initiatives were completed including delivering on our promise to provide our shareholders with detailed Data Analytics at the Annual General Meeting, further improvements to our offering for the Renewable Energy industry as well as Standard & Poors upgrading OIL by one notch to "A" Stable in September 2018. We also continue to see strong interest from energy companies around the world and are pleased to announce that Braskem S.A. joined the mutual in December 2018 as our first South American member."

After the AGM adjourned, the Board of Directors met and elected Theodore Guidry II as Chairman of the Board and Fabrizio Mastrantonio as Deputy Chairman for 2019.

For more information about OIL's property coverages and related value go to www.oil.bm.

Oil Insurance Limited (OIL) insures over $3.0 trillion of global energy assets for more than fifty members with property limits up to $400 million totaling more than $19 billion in total A- rated property capacity. Members are medium to large sized public and private energy companies with at least $1 billion in physical property assets and an investment grade rating or equivalent. Products/coverage offered include Property (Physical Damage), Windstorm (excluding Offshore GOM), Non Gradual Pollution, Control of Well, Removal of Wreck, Terrorism, Cyber, Construction and Cargo. The industry sectors that OIL protects include Offshore and Onshore Exploration & Production, Refining and Marketing, Petrochemicals, Mining, Pipelines, Electric Utilities, Renewables and other related energy business sectors.

SOURCE Oil Insurance Limited

Atiku humbles buhari in anambra with huge margin

The Independent National Electoral Commission has announced the presidential election results in the 21 Local Government Areas of Anambra State, with Alhaji Atiku Abubakar polling 524,738 votes.
Abubakar, the presidential candidate of the Peoples Democratic Party, won in all the 21 council areas, while President Muhammadu Buhari's All Progressives Congress emerged second with 33,298 votes.
Prof. Francis Otunta, Vice Chancellor of the Michael Okpara University, Umudike, who served as INEC Collation Officer for the 2019 Presidential Election in Anambra State, released the results in the early hours of Tuesday in Awka.
Otunta stated that John Gbor, candidate of the All Progressives Grand Alliance, scored 30,034 votes to emerge third, with Prof. Kingsley Moghalu, the candidate of the Young Progressives Party, polling only 4,091 votes.
He stated that Anambra State had a total of 2,389,332 registered voters, out of which 675,273 were accredited for the February 23 Presidential and National Assembly Elections.
Otunta stated that 605,734 were the total number of votes cast at the poll, while 19,301 votes were rejected.
According to Otunta: "The Anambra presidential election results, as collated, will be handed over to the INEC National Chairman in Abuja who will add it to others across the 36 states and the FCT, before the final announcement of the winner."
The News Agency of Nigeria reports that Dr. Chris Ngige, APC presidential election agent in Anambra State, staged a walkout before Otunta, flanked by INEC Resident Electoral Commissioner in Anambra State, Dr. Nkwachukwu Orji, and others announced the result.
Ngige, the Minister of Labour and Employment, protested the inclusion of results from some parts of Idemili North Area in the Anambra State presidential election results.
He insisted that there were reported cases of violence and disruption of the process, which he claimed adversely affected the outcome of the exercise.
The APC state Chairman, Chief Basil Ejidike, added that apart from Idemili North, four other council areas recorded problems, which also he claimed affected the exercise.
Dr. Obi Ogbolu, the state agent of the PDP in the presidential election, said the party accepted the results tendered by the Police since the original copy was damaged by hoodlums.
NAN reports that Rabiu Ladodo, the Commissioner of Police in Anambra State, had earlier tendered duplicate copies of the Idemili North results given to the police by INEC.
Ladodo said the tendering of the duplicate copy of the results followed a request by INEC that its original copy was damaged by hoodlums during violence after the collation.
The Resident Electoral Commissioner in the state had stated that the commission approached the police for their copy based on a relevant section of the Electoral Act.