Items filtered by date: Tuesday, 27 August 2019
Africa’s richest man Aliko Dangote is in mournful mood as he lost three relations in quick succession to the cruel hands of death.
 
He lost his cousin Madugu Dantata, his uncle, Alhaji Murtala Dantata and Alhaji Sa’idu Fanta, a relation.
 
President Muhammadu Buhari’s condolence message underscored the depth of the bereavement by Africa’s biggest industrialist.
 
In a statement released by spokesman, Garba Shehu, Buhari commiserated with Dangote and described the losses, which occurred in rapid succession as irreparable losses that must be accepted as God-ordained.
 
The message of condolence to Dangote, the Dantata family and the government and people of Kano State was sent through Boss Mustapha, the Secretary to the Government of the Federation (SGF).
 
Buhari prayed to Allah to grant peace for the departed souls and the bereaved families the strength to bear the losses.
Published in World
An Oklahoma judge in the United States has ruled that Johnson & Johnson and its subsidiaries helped fuel the state’s opioid drug crisis and ordered the consumer products giant to pay $572 million to help address the problem.
 
Cleveland County Judge Thad Balkman gave the decision Monday in America’s first state trial against the companies accused of contributing to the widespread use of the highly addictive painkillers.
 
The company is expected to appeal, AP reported.
 
Oklahoma attorney-general argued the company aggressively marketed opioids for years in a way that overstated their effectiveness and underplayed the addiction risk.
 
Oklahoma previously reached a $270 million settlement with Oxycontin-maker Purdue Pharma and an $85 million deal with Israeli-owned Teva Pharmaceutical Industries Ltd.
 
Oklahoma’s case could shape negotiations to resolve roughly 1,500 other opioid lawsuits consolidated before a federal judge in Ohio.
 
The Oklahoma case was at the forefront of a wave of lawsuits against drug companies over the opioid crisis.
 
Oklahoma Attorney General Mike Hunter called consumer products giant Johnson & Johnson a “kingpin” company that helped fuel the most devastating public health crisis in the state’s history. Company attorneys say they acted responsibly and that the evidence doesn’t support the state’s claim.
 
Two other groups of defendants that manufactured opioids reached settlements before the trial started May 28.
Published in Business
Hollywood megastar, Leonardo DiCaprio has pledged $5 million as donation to fund efforts to quench the increasing fires in the Amazon rainforest.
 
The 44-year-old actor will give out the cash through his environmental foundation, Earth Alliance, which he created with philanthropists Laurene Powell Jobs and Brian Sheth.
 
The group’s Amazon Forest Fund will provide financial aid to local partners and indigenous communities as they work to protect the Amazon.
 
Here is the Earth Alliance Statement as published on its website:
 
‘The Amazon rainforest is on fire, with more than 9,000 wildfires scorching delicate, irreplaceable landscapes across Brazil this week, year to date, more than 72,000 fires have been reported by Brazil’s National Institute for Space Research (INPE).
 
“This is a significant increase from the 40,000 fires in Brazil at this point last year. ADVERTISING ‘The destruction of the Amazon rainforest is rapidly releasing carbon dioxide into the atmosphere, destroying an ecosystem that absorbs millions of tons of carbon emissions every year and is one of the planet’s best defences against the climate crisis.
 
‘The destruction of the Amazon rainforest is rapidly releasing carbon dioxide into the atmosphere, destroying an ecosystem that absorbs millions of tons of carbon emissions every year and is one of the planet’s best defences against the climate crisis.
 
‘In addition, indigenous peoples’ land covers about 110 million hectares of the Brazilian Amazon, making the region critical not just for biodiversity conservation and climate change mitigation, but also for the cultural survival, self-determination, and wellbeing of the Amazon’s indigenous peoples. ‘Earth Alliance has formed an emergency Amazon Forest Fund with an initial commitment of $5 million to focus critical resources on the key protections needed to maintain the “lungs of the planet”.
 
‘These funds will be distributed directly to local partners and the indigenous communities protecting the Amazon, the incredible diversity of wildlife that lives there, and the health of the planet overall.’’
Published in World
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