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Lagos State Government Builds Multi-million naira Lekki Estate Ferry Terminal

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Lagos State Governor, Mr. Babajide Sanwoolu is living up to his campaign promises to make the state more convenient to live for resident as well and one of the most beautiful states in Africa.

 

The governor since he got elected in 2019 hit the ground running improving the State’s socio-economic development, as well as security of lives and property, carefully fulfilling the six pillars of the T.H.E.M.E.S development agenda.

“The acronym, T.H.E.M.E.S, represents the six pillars of the State’s strategic development agenda, namely: Traffic Management and Transportation, Health and Environment, Education and Technology, Making Lagos a 21st Century Economy, Entertainment and Tourism, as well as Security and Governance”.

The administration has again scored more points with construction of Lekki Estate Ferry Terminal in Lekki Phase 1, Lagos.

The construction of the project that is expected to commence in September, 2022 and complete under 12 months plans to support Lagos state on its mission to develop a multi-modal transport infrastructure through the delivery of a safe, efficient and affordable means of alternative transport on the inland waterways for the people and business of the state.

It is part of government effort to solve the transportation challenges in the state through the development of an efficient integrated multi-modal transportation system by encouraging private investment in the sector. The project is inconjunction with Lekki Estate Ferry Terminal Limited and Plaform Capital who is investing millions of dollars for the project.

The infrastructure component of the project includes Shopping malls, car parks that would accommodate over 200 cars, floating restaurants and lounge, health safety and environmental services

The project is also aims to develop a ferry terminal along Admiralty way water front in Lekki Phase 1 belonging to Lagos state Ministry of Transportation, procure state of the art passenger ferries and operate water transportation services for the citizens residing in Lekki, Ajah, Igbo Efon, Ikota, Awoyaya, Lakowe, Sangotedo and its environs.

It is also intended to complement the efforts of state government in addressing the critical infrastructure shortage and bringing the dividend of democracy to the people through collaboration under a Private Partnership (PPP) with Lekki Ferry Estate.

Lekki Estate Ferry incorporated as an SPV to build, manage and operate maritime passenger and freight services. The company will offer transport services through its fleet of ferries with routes that include Lekki to Marina, Lekki to Ikorodu, among others.

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CIPM appoints a new Registrar/Chief Executive, Oluwatoyin Naiwo

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A former Director, Strategy, Advocacy & Stakeholder Relations of the Chartered Institute of Personnel Management of Nigeria (CIPM) Oluwatoyin Naiwo has been appointed as Registrar and Chief Executive of the Institute.

According to the Institute, Naiwo’s appointment takes effect from Monday, September 12, 2022.

Her appointment was announced in a statement by the CIPM President, Olusegun Mojeed.

‘Ms Naiwo is no newcomer to the CIPM having served as Director, Strategy, Advocacy & Stakeholder Relations, with the responsibility of driving the Institute’s strategy development and execution process, spearheading the Institute’s role in advocating a legislative agenda on Human Capital matters with the Nigerian government, building and maintaining relationships with governmental (Federal and State) and non-governmental institutional stakeholders both within Nigeria and internationally to extend CIPM’s reach and influence,’ the CIPM President said in a statement.

Aside her previous role in CIPM, Naiwo has a grasp of comprehensive and strategic understanding of business and technical issues and Human Resource Management. Her diverse experience in Human Resource Management spans over a twenty-eight (28) years period across industries and sectors in the United Kingdom and Nigeria.

Elaborating further on Naiwo’s leadership experience across board and what her appointment means for the Institute, the CIPM President said: ‘Ms. Naiwo has extensive leadership experience across industries and sectors and has demonstrated her ability to build successful organisations and businesses. We are confident that the Registrar and the new team will be a force in developing and driving CIPM forward in line with our vision to be the Institute of choice for People Management’

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Apostle Suleman Wears New Look, Style

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What is a preacher supposed to look like?’ I didn’t know they had a specific style code,” Brother Gift, a member of the Omega Fire Ministries (OFM) took a jibe at this interviewer when approached to speak on his General Overseer, Apostle Johnson Suleman’s new haircut and regular trendy dressing. “There’s nothing naturally wrong with a man of God having a trendy haircut or adorning a Brunello Cucinelli suit and Brooks Brothers tie as long as it is not meant to oppress or being ostentatious,” Brother Gift posits avers.

 

 

Apostle Suleman is one of the most stylish Nigerian pastors that are both anointed and gifted with admirable taste for fashion. He smells of class and good taste and, with a fresh approach to dress and doctrine, his smart form, at every service hour, does command his congregation like a charismatic conductor, motivating them to both thunderous cheers and introspective silence.

 

 

His new hair style, a skin fade patterned cut, is the talk in town. His admirers have continued to make his new hair style that matches perfectly his naturally fashionable look the latest topic. That pastors are heavenly conscious, doesn’t mean they can’t be earthly relevant, Apostle Suleman’s followers argue, adding that, combining fabrics and having a sense of fashion is a gift that some men are naturally endowed with, regardless of their circular or spiritual inclination.

 

 

For Suleman, he is a man with class and style. He is a fashion conscious man to the core. His choice of what to put on at a particular time and having them sit perfectly is astonishing. He serves his church members this consistent fashion sense and they say the style has been a major one for the man popularly referred as ‘The Restoration Apostle’  over the years.

 

 

Stepping out to give sermons in his usual smart look, Suleman doesn’t just look different than the stereotypically buttoned-up men of God, he is also reaching younger audiences in a way that the old-fashioned preachers simply aren’t. With a natural and genuine interest in modern style and culture, along with a more contemporary perspective, men of God like Apostle Suleman are changing how the current youth generation relates to Christianity.

 

 

Equally, apart from keeping the home front, Suleman’s wife, Lizzy Suleman, who has  been described as ‘edifying and encouraging individuals to live a purposeful life and achieve their dreams’ also cannot be shoved aside when it comes to style. She also is an epitome of beauty and class. Effortlessly glamorous, insiders say Lizzy only uses light make-up, which brightens her already beautiful look.

 

 

Fresh from his successful ‘Mighty Turnaround Crusade’ in Douala, Cameroun, Apostle Suleman agrees that it is important for the followers to be able to relate to their pastor on many levels; whether it’s style, culture, including religion.

 

“Having this relatable, approachable appearance is a way to immediately tear down a lot of walls between men of God and the people they are trying to reach. The message I am passing with my style is that I want to be fine to be who I am and to uniquely walk out to be who God has called me to be, Suleman declares.

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PRUDENTIAL ZENITH LIFE INSURANCE RECORDS 75% GROWTH IN PROFIT AFTER TAX IN FULL YEAR 2021 RESULTS

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Prudential Zenith Life Insurance Limited (“PZL”) has announced its audited financial results for the year ended 31st December 2021, recording a 75% growth in profit after tax (PAT) of 1.13b compared to the 646m recorded in the corresponding period in 2020.

The results, which was approved by the Board of Directors of Prudential Zenith and the insurance industry regulator, the National Insurance Commission (NAICOM), shows that Gross Written Premium (GWP) and Annualized Premium Equivalent (APE) grew year on year by 16.3% and 9.3% respectively. This was primarily driven by 27% growth in new business acquisition for Group Life written during the period.

Investment income grew by 30% year-on-year due to a significant increase in the interest-generating assets of the company, and commission income also increased by 43% during the period. 

The financial performance is a testament to the continued focus on investments, as the company remains committed to building a strong market-leading position in Nigeria by enhancing its capabilities, strengthening its digitally enabled multi-channel distribution network, and broadening the range of products and services that are available to customers in order to meet their needs. 

Despite the challenges experienced during the Covid-19 pandemic in 2020, Prudential Zenith was able to achieve this strong growth in 2021 and is poised to continue improving its performance in the upcoming financial years. Prudential Zenith will continue to develop and launch unique products to meet customers’ needs, leveraging technology and its core corporate governance structure to deliver faster claims settlement. The company will also continue to prioritize the health, safety, and welfare of customers, who subscribe to its unique insurance product offerings.

Prudential Zenith Life Insurance Ltd (PZL) is a subsidiary of Prudential Plc., established in 2017 when Prudential Plc acquired a 51% holding in Zenith Life Insurance. PZL is one of the most capitalized companies in the Nigerian insurance industry with a wide range of individual products including savings & investments-linkedproducts, endowment, and protection products designed to meet the needs of individuals and their families.  For corporate clients, the company’s product offerings includeGroup Life, Key-Man Assurance, Credit Life, School Fees Protection, and Mortgage Protection, ensuring that the welfare of clients’ staff and families are met.  

Prudential Plc provides life and health insurance, and asset management in Africa and Asia, helping people get the most out of life by making healthcare affordable and accessible and by promoting financial inclusion. Prudential protects people’s wealth, helps them grow their assets, and empowers them to save for their goals. It has more than 19 million life customers and is listed on stock exchanges in London (PRU), Hong Kong (2378), Singapore (K6S), and New York (PUK).

Prudential Plc has insurance operations in eight countries in Africa: Nigeria, Cameroon, Cote d’Ivoire, Ghana, Kenya, Togo Uganda, and Zambia.  With over 1 million customers, Prudential Africa works with over 11,000 agents and six exclusive bank partnerships, with access to over 600 branches to bring value-added insurance solutions to its customers.

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