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17-Year-Old Girl Who Got A1 In All Subjects In WAEC Dies

Chisom, a 17-year-old girl who got A’s in the 2019 West African Senior School Certificate Examination (WASSCE), has lost her life. It was learnt that Chisom got 7 A1s, and emerged the best student from her school, Graceland college in Enugu last year. She won many awards in her school, and now death has caught short the life of this Young girl. According to a Facebook user, Michael Okoli who shared that sad news on the platform, Chisom died following a sickness which started off as a leg pain, but became severe over the year. The father of the girl who is a Professor, shared a very touching story of how his daughter died on Facebook. According to what he posted, the young girl started complaining of having a pain in the leg and just like every father that desires the best for their child, he decided to fly her to South Africa because he didn’t have trust in the medical system of this country. “At first, they were happy with her recovery rate, but they never knew it was going to end lik

FG Adds N37billion Investment To Transportion

A total of 4,116 buses valued at N37 billion have been delivered to beneficiaries nationwide under the Federal Government’s Public Mass Transit Revolving Fund (PMTF) Scheme.

The Managing Director of The Infrastructure Bank, Adekunle Oyinloye, stated this in a paper he presented at a National Workshop for Chief Executive Officers of Mass Transit Companies in Abuja.

Mr. Oyinloye said the buses were released to mass transit companies to provide cheap and affordable road transport services to Nigerians across the six geo-political zones and the FCT.

According to him, the vehicles were provided under Phases I and II of the N25 billion PMT scheme being managed by The Infrastructure Bank.

He said that the scheme had also empowered over 50,000 Nigerians, including bus drivers, bus assistants, auto-technicians and booking clerks, through direct employment.

“In addition, the scheme has thrived in reducing poverty and enhancing regional integration, as more people are able to move easily across different regions of the country, and across the West African sub-region,” he said.

“The PMTF Scheme offers a single digit interest rate regime of five per cent per annum in Phase 1 and zero per cent per annum in Phase II.

“This has resulted in cost savings of about N10 billion when compared with the prevailing interest rate of about 25 per cent per annum obtainable in other financial institutions.”

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Mr. Oyinloye said that PMTF beneficiaries were investing those cost savings in providing allied transport infrastructure like motor parks, service centres, ICT platforms, fleet maintenance, among others.

“On our part as the fund manager, we have continually managed the PMTF in line with international best practices.

“These are premised on a sound internal credit procedure and robust risk mitigating strategies that ensure beneficiaries fulfill their loan obligations, as and when due.

“This is the foundation upon which the successes so far achieved by the Fund were built.

“We are on standby to assist the federal government and any agency to successfully launch and sustain an intervention fund programme for transportation and other economic sectors,” he said.

(NAN)

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