Business News
“Difference Between Lake Rice and Imported Rice” – Ambode
In case you are wondering what the difference between Lake Rice and Imported rice is, we have an explanation from the Lagos State Governor. He explained it at the unveiling on Wednesday, 21st December.
“Today is an historic day for Lagos and Kebbi States. In March 2016, we signed an MOU with an understanding that we, being proudly Nigeria, want to come out with what is made in Nigeria and what is good for Nigeria.
“We took all that President Muhammadu Buhari said we need to grow our food and we decided that we will prove a point and that is what today is all about. LAKE RICE is of good quality.”
“The major difference between LAKE RICE and the ones imported is that the imported has a minimum storage of five to six years storage life span, but LAKE RICE is fresh,”
He also gave a breakdown of how much it cost and how many you can buy.
- 50kilogram “will cost N12,000
- 25 kilogram will go for N6, 000
- 10kg for N2, 500. “For now”
- an individual will only be allowed to purchase a bag to enable it go round.
Smacks of a socialist system don’t you think?
Corporate Press Releases
Customers to win salary-4-life, business grants, rent advance and cash rewards in Diamondxtra quarterly draw
The DiamondXtra Reward Scheme is the most rewarding way to save.
Leading retail bank in Nigeria, Access Bank Plc is set to reward more than 1,000 DiamondXtra customers with various grants and cash prizes in the second DiamondXtra quarterly draw of Season 12 scheduled to hold on Wednesday, July 15, 2020.
According to Adaeze Umeh, Head, Consumer Banking, Access Bank Plc, “We are gearing up for the DiamondXtra quarterly draw this month and we will be rewarding more than 1,000 lucky customers with various cash prizes, business grants, family health insurance, rent advance and other exciting rewards. It is the bank’s little way of rewarding its loyal customers and creating more value to meet customer needs during these trying times. We rewarded ten customers last month with N1million each at the monthly draw and we are here again to reward more customers in the quarterly draw.”
To join the winning train, all you need to do is keep saving if you have a DiamondXtra account already. “If you don’t have an existing account, simply dial *901*5# to open a DiamondXtra account with just N5, 000 and save multiples of ₦5,000 to increase your chances of winning,” Adaeze told newsmen in Lagos.
Some of the DiamondXtra rewards for the quarterly draw include:
- Salary4Life (N100,000 every month for 20 Years)
- Rent for a Year for 21 lucky customers
- One Year Family health coverage for 7 lucky customers
- N1Million business grant for 6 lucky customers
- ₦500,000 for 15 lucky customers
- ₦100,000 for 45 lucky customers
- ₦50,000 for 300 lucky customers
- ₦20,000 for 300 lucky customers
- ₦10,000 for 300 lucky customers
The DiamondXtra Reward Scheme is the most rewarding way to save, don’t miss out on this opportunity to become a millionaire or a star prize winner. To participate; simply open a DiamondXtra account, save in multiples of ₦5,000 and you stand the chance to win amazing prizes in the quarterly draw this month.
Hospitality & Travel
FG bars aides of VIPs from airport terminals, to grant loans to airlines, others at 5%
The minister insisted that face masks must be worn at all times inside the airport and airplane.
The Federal Government has barred all non-travelling aides of public office holders and very important personalities (VIPs) from gaining access into the Airport terminal.
This is part of the measure and aviation protocol designed to contain the spread of the coronavirus disease and ensure safety of the passengers and workers in the aviation sector.
This was disclosed by the Minister of Aviation, Hadi Sirika, during Monday’s briefing of the Presidential Task Force (PTF) on COVID-19.
Sirika said that this measure applies especially to Governors, Ministers, National Assembly Members, Judicial officers and Military officers as the practice of having their Personal Assistants and Special Assistants, who they insist on seeing them off up to the aircraft though not travelling with them, would be stopped.
The Aviation Minister in his statement said, ‘’Henceforth, all VIPs will no longer be permitted to bring non-travelling aides into the Airport Terminals. This especially applies to Governors, Ministers, NASS members, Judiciary and Military officers.’’
While speaking on the new procedures during this COVID-19 era, the minister said that mandatory temperature and symptoms checks will be carried out at the airport terminals and frequent washing of hands should be done at the airports. He also said that face masks must be worn at all times inside the airport and airplane and anyone who does not do that will not be allowed inside the airport terminals.
He pointed out that physical distancing will be maintained at all times just as unruly passengers will not be allowed to board the aircrafts or fly as no pilot will be allowed to fly a plane carrying an unruly passenger.
He revealed that the processes of compression, heating, cooling and filtration that aircraft cabin air is subjected to, takes out 99.9% of all organisms including viruses etc. that’s why cabin air is safer than most other environments.
The aviation minister also stated that operators in the aviation sector including airlines, ground handling firms and others, will be given loan at 5% interest rate with effect from 2021. He, however, noted that the modalities for the loan is being worked out with the Central Bank of Nigeria and the Federal Ministry of Finance, Budget and National Planning
It can be recalled that Sirika stated this in an interactive session with the senate committee on Aviation where he said that any VIP coming into the airport this time around as a personality, minister or even members of the national assembly will not be carrying their aides into the airports anymore.
Appointments
Vodacom Nigeria gets new MD
Vodacom Business is a leading pan-African telecommunications provider wholly-owned by the Vodacom Group.
Vodacom Business (Nigeria) Limited has appointed Mr Valentine Chime as the Managing Director of its operations. According to a statement from the company on Monday, the appointment is at the instance of the board of directors.
He will now drive the company’s vision of becoming Africa’s leading cloud and digital service provider, the statement read.
Prior to this appointment, Valentine Chime was with Aruwa Capital, a private equity company investing across West Africa. He also worked at Kaizen Venture Partners, a private equity company focused on distressed assets. He has held various C-suite positions in a number of portfolio companies in different sectors.
READ ALSO: Africa seeking extra $44 billion to deal with COVID-19 pandemic
Chime expressed his enthusiasm to take up the position and challenge of building the Vodacom brand in the country. He said:
“Vodacom Business Africa (Nigeria) Limited is well-known and very respected in the industry, and I look forward to taking up this mission.
“Covid-19 has accelerated digital transformation, and we are perfectly positioned to deliver intelligent connectivity through seamless delivery of cloud and digital services and technologies to our clients.”
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Vodacom Business is a wholly-owned subsidiary of the Vodacom Group, and a leading pan-African telecommunications provider that came into Africa since 1992.
Customers to win salary-4-life, business grants, rent advance and cash rewards in Diamondxtra quarterly draw
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Gbenga
December 22, 2016 at 10:43 am
“Smacks of a socialist system don’t you think?” You say this as if it was a terrible thing. If the writer had cared to read and understand the APC manifesto, he’d have known that our policies are left of center. Do your work as journalists: research.
Nairametrics
December 22, 2016 at 11:48 am
The writer believes that a system that allows the government produce and sell goods and services, fix prices and quantity that can be demanded is pure socialist.
xiaw9k03
December 23, 2016 at 10:17 am
Your headlines are misleading and the content of most of your articles lack depth. From what you’ve posted, what’s the difference between Lake rice and imported rice? Can’t you go into more details instead of telling us it is ‘fresh’. What does ‘fresh’ mean? Try to go the extra mile in your reporting instead of copying and pasting quotes.
Nairametrics
December 23, 2016 at 4:07 pm
Hello,
We understand that our readers want more information. We strive to do that as information becomes available. Currently, this is the only information about Lake Rice that we have. The rice was just launched on Wednesday, so it is understandable that just very few people would know the difference between it and imported rice. Nevertheless, the best person, for now, to provide that information is the Governor, which is why we reported it that way.