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Spain, Portugal To Add 430MW Of Renewables With European Investment Bank Loan

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Flags of European Union (EU) member state fly outside the European Investment Bank in Luxembourg, on Monday, July 15, 2019. Brexit has made Luxembourg a favorite EU hub for insurers, funds and asset managers to relocate to from the U.K. Moves include those by insurance giant American International Group Inc., private-equity firm Blackstone, RSA Insurance Group Plc, U.S. insurer FM Global, Lloyd's of London insurer Hiscox Plc and asset manager M&G Investments. Photographer: Geert Vanden Wijngaert/Bloomberg via Getty Images

The European Investment Bank (EIB) has signed a Memorandum of Understanding (MoU) with investment manager Ben Oldman for the provision of a €100 million loan which will be directed towards expanding renewables capacity in Spain and Portugal.

The loan will be issued in tranches to project developers via a Ben Oldman-managed investment fund between 2021 and 2024 to fund the construction of 430MW of new solar and wind energy capacity.

The funding will be used to provide bridging loans to cover a financing gap within the renewables space to help project developers speed up their initiatives from ‘ready to build’ stage to the operational phase.

The loan will enable the addition of electricity capable of powering over 200,000 households and help Spain and Portugal move closer to renewable energy installation and climate mitigation targets.

The renewable projects are expected to help ensure energy security as well as revive the economies through the creation of 720 jobs.

The loans will target projects in less developed regions in a bid to ensure energy affordability in these regions and a just and inclusive energy transition, according to the EIB.

Court Orders The Benefits Of 110 Disengaged ABU Staff Be Paid

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The National Industrial Court, Abuja has ordered the Federal Government through the Central Bank of Nigeria, to pay 110 disengaged staff of the Ahmadu Bello University, Zaria, their entitlements.

In a ruling, Justice Rakiya Hasstrup, raised a sole issue for determination, which was whether there was sufficient material placed before the court to make an order absolute.

The court in addition ruled that the consent of the Attorney-General, needed not to be sought before the payment is made.

Hasstrup stated that the reason was because the Attorney- General was a party in the suit.

The court also dismissed the judgment creditor’s objection that the fourth garnishee acted in malice.

The court in the ruling also discharged the ABU Microfinance Bank, who was the fourth garnishee, as a party in the suit.

Earlier, when the matter came up, counsel to the first and third judgment debtors, Yahaya Mohammed had informed the court that the matter was slated for ruling.

He, however, said that they had filed an application on Tuesday and same had been served on parties.

Mohammed in addition stated that the application was to regularise their process for extension of time and to show cause.

Counsel to the judgment creditors, Femi Adedeji, on his part objected to the application, arguing that the court did not ask the first and third judgment creditors to show cause as parties who needed to, had already done so.

Adedeji further submitted that he was served the process in court after 9am shortly before the day’s proceeding in order to delay justice.

The counsel also said that the last proceeding took place on November 3, 2021 and processes ought to have been served on them earlier.

After listening to both counsels’ submissions, the court dismissed and struck out the applications.

The court stated that in pursuant of rule 15, order 14 of the NICN proceeding, such applications ought to have been filed seven days prior to court sitting.

The judge equally ruled that according to NICN rule, when a matter is set for ruling, no motion was allowed to be brought before it. She then proceeded to read the ruling.

The appointments of 110 ABU staff were terminated in 1996, when the institution was run by a Sole Administrator.

They approached the court in 2012, after failure of the institution to implement the recommendations of various visitation panels, which recommended that they be reinstated and all their entitlements paid.

The court ruled in favour of the staff in 2015 and ordered the university to reinstate them and pay their entitlements, which amounted to N2.5 billion.

Non-compliance with the court judgment necessitated the garnishee order on the institution’s bank accounts in 2017.

However, when the garnishee proceeding was ongoing, the judgment debtors filed for a stay of proceeding as they had filed an appeal before Appeal Court (in November 2018) contesting the 2015 judgment.

The Court of Appeal on its part on May 24, 2021, dismissed the appeal and affirmed the decision of the lower court.

Kano Set To Implement Teachers’ Extension of Service

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The Kano State Government has approved the constitution of a committee to draft a harmonised retirement age for teachers in the state, effective January 2022.

The state Commissioner for Information, Muhammad Garba, announced this in a statement made available to journalists in Kano on Sunday, stating the approval was part of the outcome of the weekly State Executive Council meeting, which held at the Government House, Kano.

The commissioner however, said while the extension would require increase in personnel cost (salaries) and other remuneration for teachers which were not provided for in the 2021 budget, there was the need to start the new policy this year.

Garba pointed out that the committee had also been mandated to review the scheme and condition of service in the state with a view to accommodating the new retirement age of teachers from 35 years of service and 60 years of age to 40 years of service and 65 years of age respectively.

He added that the council had given approval for the release of N23.3 million for the construction of one block of four classrooms and one block of six-seater VIP toilets at Farawa community in Kumbotso Local Government Area.

Garba also revealed that the council has approved the award of a contract worth N344 million to Harmonise Systems Limited for the procurement of 100 Hyundai 2010 cars under the pilot Kano Bus Mass Transit Project.

He said the council approved the recruitment of 704 forest guards/forest range officers on casual basis for the 404 grazing reserves under the state Ministry of Agriculture and Natural Resources and 300 for the forest estates under the Ministry of Environment.

Asuu National Executive Council to Decide on Strike

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The National President of the Academic Staff Union of Universities, ASUU, Prof. Emmanuel Osodeke, has said the National Executive Council of the union will decide whether members should go on strike or not over some demands made.

He said the union is still consulting and sensitising members on the issues involved. Speaking in a chat with Vanguard, he said the declaration of Monday, February 7 as a lecture free day was to sensitise members and also show the displeasure of the union with the way government was handling the matter.

“We declared Monday as a lecture free day for members to sensitise our members and let the government know that we are not happy with the manner the issue is being handled. After all this, we will collate views and opinions of our members from across the country.

“Based on what our members say, the National Executive Council, of our great union will meet and decide whether to resume our suspended strike or not. The leaders of the union don’t act unilaterally, we act based on what our members ask us to do,” he said.

On the claim by the government that it is experiencing scarcity of funds and might not meet all the demands of the union, Osodeke noted that everything boils down to prioritizing issues.

According to him, not all the demands have to be met spending money, as some are policy matters, citing the demand of replacing the Integrated Personnel Payroll Information System, IPPIS, with the University Transparency and Accountability System, UTAS.

Meanwhile, the zonal leaderships of the union are expected to begin collating views of their branches on the issue this week for onward transmission to the national leadership.

The Lagos Zone of the union, for instance, has fixed a meeting for Tuesday at the university of Lagos, UNILAG.

Recall that only few days ago, President Muhammadu Buhari urged ASUU to take note of the fact that the government is facing liquidity challenge and being under serious fiscal pressure.

He, however, said the government was committed to honouring the promises made to the union and directed the Ministers of Education, Labour and Finance to liaise with the union to ward off any strike by the members.

 Totalenergies AFCON 2021: Rejuvenated Vincent Aboubakar Wins Golden Boot

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Cameroon Indomitable Lions forward and team captain, Vincent Aboubakar has won the Golden Boot Award of the just-ended 33rd edition of the TotalEnergies Africa Cup of Nations competition held in Cameroon.

The former Cotonsport of Garoua forward grabbed the award after emerging top scorer of the event.

The Al Nassr goal poacher scored 8 goals to power the host to a third place finish in the football festival.

Aboubakar scored in his first four games in the event. The 2017 AFCON winner opened his goal account in the tournament with a brace against the Stallions of Burkina Faso in the opening game of the tournament.

He grabbed another brace in Cameroon’s 4-1 win over the Walia Antelopes of Ethiopia in the team’s second Group A fixture, before finding the back of the net again against Comoros Islands in the round of 16.

The ex-FC Porto man rounded off the race with a brace against Burkina Faso in the tournament’s third place game held at the Yaounde Ahmadou Ahidjo Stadium last weekend.

Vincent Aboubakar felt short of a goal to equal Zaire’s (DR Congo) Pierre N. Mulamba who spanked in 9 goals during the 1974 AFCON in Egypt to seat as all-time lead scorer in an AFCON tournament.

Aboubakar joins the list of numerous past winners of the golden boat amongst them, Nigeria’s Odion Ighalo who won the award in 2019 in Egypt after scoring five goals.

Global Gas Technology Company To Construct Biomethane Production Unit In Illinois

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Global gas technology company Air Liquide has announced plans to construct a biomethane production unit in the US State of Illinois, bringing the company’s total worldwide biomethane production capacity to 1.8TWh.

The plant, to be located in Rockford, Illinois, will be owned and operated by US-based integrated waste services company Waste Connections Inc.

It will produce biomethane from biogas from a solid waste treatment plant and have a production capacity of 380 GWh per year.

Émilie Mouren-Renouard, Member of the Air Liquide Executive Committee, in charge of Innovation, Digital and IT, Intellectual Property and Global Markets & Technologies World Business Unit, said: “Biomethane, like hydrogen and CO2 capture technologies, has a prominent place in the portfolio of solutions developed by Air Liquide to fight global warming and preserve the environment.

“The announcement of the construction of our largest biomethane production unit in the world illustrates Air Liquide’s determination to accompany its customers in the industrial and transportation sectors throughout the energy transition, but also to actively contribute to the emergence of a low-carbon society.”

The biomethane plant will be operational by the end of 2023.

Another biomethane production unit from another landfill is also being built in Delavan, Wisconsin, and will be operational at the beginning of Q2 2022.

For both projects, Air Liquide will use its own membrane technology as well as a complementary technology developed by Waga Energy, a company specialized in the valorization of biogas from landfill sites, founded in 2015 and supported by ALIAD, the Group’s capital venture fund.

Globally, Air Liquide now has 21 biomethane operational production units.

Queen Elizabeth Marks Seventy Years In Office, Names Camila Queen Consort

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Queen Elizabeth II on Sunday became the first British monarch to reign for seven decades after ascending the throne on February 6, 1952, at the age of 25, following the death of her father, King George VI.

In a message addressed to the public signed “Your servant, Elizabeth R”, the Queen said she wished to express her thanks to all for their support.

The 95 year old monarch said she wanted to renew a pledge she made on her 21st birthday “that my life will always be devoted to your service”.

With the main Platinum Jubilee celebrations set for this summer, the Queen said she hoped the events would bring together families and friends, neighbors and communities.

In a major statement on the future of the royal family, the 95-year-old said “it is my sincere wish that, when that time comes, Camilla will be known as Queen Consort”.

The Queen also said she hoped that when Charles, now 73, becomes monarch, the British people would give him and Camilla “the same support that you have given me”.

Elizabeth II made the announcement in a message renewing her pledge to spend her life serving the nation as she began her Platinum Jubilee in subdued fashion at Sandringham, her estate in eastern England.

Charles and Camilla, now known as the Duke and Duchess of Cornwall, had a highly publicized adulterous relationship and Camilla was vilified for her role in the break-up of Charles’ marriage to Princess Diana.

When the couple married in 2005, the royal family announced that Camilla would become known as Princess Consort due to the sensitivity of the issue, but she has gradually won plaudits as the future king’s loyal wife.

The Queen’s suggestion means Camilla would be crowned alongside Charles and be known to the public as Queen Camilla,

Charles has always been adamant his “darling wife” should receive the title, The Sunday Times reported citing a source, with a spokesperson for the couple saying Saturday they were “touched and honored” by the news.

Four days of festivities are planned for early June, coinciding with the anniversary of her 1953 coronation, including a military parade and music concert, street parties, a nationwide “Big Jubilee Lunch” and a “Platinum Pudding Competition”.

On Monday, there will be ceremonial gun salutes marking Accession Day in London’s Green Park, close to Buckingham Palace, and at Edinburgh Castle in Scotland.

In September 2015, she surpassed Queen Victoria’s 63 years and seven months on the throne and, despite some health concerns over the past year, her latest message shows she is determined to continue her record-breaking reign.

After husband Philip’s death in April last year, the Queen returned to public and official engagements, including hosting world leaders at the G7 summit.

She was forced to slow down on advice from doctors, however, after an overnight hospital stay in October sparked public concern. Since then, she has largely stayed at Windsor Castle and made few public appearances.

But on Saturday, the Queen held a reception for locals at Sandringham, reportedly her largest in-person public engagement since the autumn health scare.

Once Upon A Time – Feb. 7 – 1856 – Rev. Daniel Bliss Lands In Syria, Works As Missionary For Close To 50 Years

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1238 The Mongols burn the Russian city of Vladimir

1301 Edward of Caernarfon (later Edward II) becomes the first (English) Prince of Wales

1842 Battle of Debre Tabor: Ras Ali Alula, Regent of the Emperor of Ethiopia defeats warlord Wube Haile Maryam of Semien

1856 Rev. Daniel Bliss lands in Syria where he will work as a missionary for close to fifty years, seven years in traditional activities and the remainder as an educator.

1856 Colonial Tasmanian Parliament passes the 1st piece of legislation (the Electoral Act of 1856) anywhere in the world providing for elections by way of a secret ballot

1991 The IRA launches a mortar attack on 10 Downing Street during a cabinet meeting.

1992 Maastricht Treaty signed by 12 countries from the European Community (EC) to create the European Union (EU)

HISTORICAL EVENTS TODAY

TODAY IN FILM & TV

1974 Mel Brooks’ film “Blazing Saddles” opens in movie theaters starring Cleavon Little and Gene Wilder

TODAY IN MUSIC

1985 “New York, New York” becomes the official anthem of New York City

TODAY IN SPORT

2005 Britain’s Ellen MacArthur becomes the fastest person to sail solo around the world taking 71 days, 14 hours, 18 minutes 33 seconds

DO YOU KNOW THIS FACT ABOUT TODAY?

1839 Henry Clay declares in Senate “I had rather be right than president”

WOULD YOU BELIEVE THIS FACT ABOUT TODAY?

2018 All citrus fruit can be traced to the southeast foothills of the Himalayas, according to DNA study published in “Nature”

FAMOUS WEDDINGS

1403 English King Henry IV marries his second wife Joan of Navarre

1901 Queen Wilhelmina marries Prince Heinrich von Mecklenburg-Schwerin

1925 Heavyweight boxing champ Jack Dempsey (29) weds actress Estelle Taylor (30)

Federal Govt. School Feeding Programme Undergoes Setback..

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The Federal Government’s school feeding programme is reportedly collapsing as food vendors no longer turn up in schools.

Findings by news correspondents in Benue, Cross River, Akwa Ibom, Ogun, Enugu, Bauchi and Kano states showed that vendors because of non-payment of their funds had stopped providing food in the schools.

In some states, teachers and pupils told newsmen that when the programme was in operation, it was epileptic with few of the schoolchildren getting food when the vendors turned up.

Some schools in Makurdi, the Benue State capital city, reported that since the beginning of second term in January, the programme had not resumed.

LASU Professor Charges Colleague The Need For Further Training

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A Professor of Educational Management, Lagos State University, LASU, Prof. Olusola Aina, has admonished university lecturers not to see themselves as experts who need no further training and reengineering in their various fields.

According to him, such thinking is no longer tenable in a fast technologically changing world.

Aina stated this while delivering the 82nd LASU Inaugural Lecture Series titled “Management and leadership in the university: Dilemma or titillation to nation building.”

The professor, a former Chief Resident Training Consultant to the World Bank, also called on the management of Nigerian universities to make efforts at internationalizing their activities through collaborative linkages in research and staff/student exchange programmes.

Doing so, would lead to improved staff capacity through such experiences, he added.  

For universties to remain relevant in today’s world, it has to continually respond to the needs of her societies in time and space.

“University leadership in a competitive society of the 21st Century should have an active R&D centre to coordinate the direction of research in the institution. The centre will additionally focus on creating linkages, collaborations, internationalisation of efforts and mounting of advocacy for industrial cooperation and patenting of research breakthroughs,” he suggested.