Lagos State Government said it paid insurance benefits worth N93m to relatives of deceased civil servants in three months.

This was disclosed in its report, titled ‘Towards a greater Lagos.’

According to the report, Lagos presented insurance death benefits of N93m to 35 direct beneficiaries of deceased civil servants between December 2019 and March 2020.

It said the Governor approved the reinstatement of the global insurance package for year 2020/2021 insurance year.

The state government also disclosed that it had commenced the issuance of identity cards to retirees, and enlightened them on the need to enroll for the health insurance scheme as well as enjoy free rides on government mass transit buses and ferry.

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Lagos State Government said it paid insurance benefits worth N93m to relatives of deceased civil servants in three months.

This was disclosed in its report, titled ‘Towards a greater Lagos.’

According to the report, Lagos presented insurance death benefits of N93m to 35 direct beneficiaries of deceased civil servants between December 2019 and March 2020.

It said the Governor approved the reinstatement of the global insurance package for year 2020/2021 insurance year.

The state government also disclosed that it had commenced the issuance of identity cards to retirees, and enlightened them on the need to enroll for the health insurance scheme as well as enjoy free rides on government mass transit buses and ferry.

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The Petroleum Products Pricing Regulatory Agency on Sunday insisted that it would continue fixing price bands for petrol despite opposition by oil marketers to the move.

It also declared that a regulation for petrol, had been established in collaboration with the Federal Ministry of Petroleum Resources and the Office of the Attorney-General of the Federation.

The Executive Secretary, PPPRA, Abdulkadir Saidu, disclosed this while addressing questions on the PMS pricing regime, which commenced on March 19, 2020.

Since the introduction of the regime, marketers had expressed concerns over the issuing of monthly guiding prices for petrol.

Saidu argued that different sectors of the economy operate under the guidance of national regulators.

He said that while the market-based pricing regime was a policy introduced to free the market of all encumbrances to investment and growth, it should not be misconstrued to mean a total abdication of government’s responsibility to the sector and citizenry.

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Nigeria has been excluded from the list of countries whose travelers could be received into Europe when the borders reopen on July 1.

Schengenvisainfo.com reported that the European Union Commission released a list of 54 countries that qualified for travels into Europe as the union opens its borders that were shut to contain the spread of COVID-19.

The commission said that citizens of Brazil, Qatar, the US and Russia would only be able to enter Europe at a later date when the epidemiological situation in these countries improves.

The EU Commission spokesman, Eric Mamer, said the union had the right to choose who would enter its borders.

He said the European Union has an internal process to determine from which countries it would be safe to accept travelers, adding that it was based on health criteria.

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The Nigerian Maritime Administration and Safety Agency has warned stakeholders about 13 vessels bound for Nigeria from five countries heavily affected by the coronavirus pandemic.

Eight of the vessels are expected to berth in Apapa, Lagos; four in Bonny, Rivers State; and one in Port Harcourt, Rivers.

The Director-General of NIMASA, Jamoh Bashir, who raised the alarm in a statement, said there was a need to ensure stakeholders adhered strictly to the guidelines put in place to prevent the spread of COVID-19 in Nigeria.

Bashir said the advisory was to alert all agencies of government and private sector operators at the ports of the expected arrival of the vessels and ensure that they operated the vessels with the highest level of professionalism.

The vessels, previous port of call included the United States, Brazil, India, Spain and the United Kingdom.

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The Chief Executive Officer of Air Peace, Allen Onyema, has joined several stakeholders in the aviation sector to seek palliatives to keep airlines afloat.

Onyema stressed that palliatives would help airlines save staff jobs.

He said, Palliatives, bailout, rollout, intervention funds is necessary. All over the world, the government is giving palliatives, bailout funds to their airlines.

Onyema said sacking workers could lead to more crime in the society

He also added that as also said that the Federal Airports Authority of Nigeria’s decision to increase the passenger service charges on flight tickets by 100 per cent would increase flight cost.

He made this known at the end of a flight simulation exercise ahead of the resumption of domestic flights in the country.

FAAN had last week announced its plan to increase passenger service charges on domestic flights from the current rate of N1,000 to N2,000 and from $50 to $100 on international flights.

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President Muhammadu Buhari is set to inaugurate the construction of the Ajaokuta-Kaduna-Kano gas pipeline in Kogi State and in Rigachikun, Kaduna State.

According to a tweet by the Nigerian National Petroleum Corporation, the ceremony would hold virtually on Tuesday.

The corporation also stated that the construction phase of the AKK pipeline would go ahead simultaneously with the inauguration by the president.

The AKK gas pipeline is a project designed to facilitate the development of three gas-based independent power plants in Abuja, 1,350 megawatts; Kaduna, 900MW; and Kano, 1,350MW.

The NNPC noted that being a section of the Trans Nigeria Gas Pipeline, the AKK gas pipeline had the capacity to transport about 2.2 billion standard cubic feet of gas per day.

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Virgin Australia has been bought by US private equity group Bain Capital after falling into administration due to coronavirus travel restrictions.

The airline was struggling with long-term debt of A$5bn (£2.55bn; $3.17bn) even before the pandemic struck.

Australia's second biggest carrier had unsuccessfully asked for government loans before its collapse in April.

Administrators for the airline, Deloitte, said on Friday that Bain would become the new owners, with the deal expected to be completed by the end of August.

A statement said Bain supports the airline's current management team and its turnaround plan for the business. It has also committed to retain thousands of jobs.

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US telecoms operator Verizon has become the latest major company to pull advertising from Facebook platforms.

The company joins Ben and Jerry's and a growing list of firms boycotting the social media giant over its handling of controversial posts.

Verizon is believed to be the biggest advertiser so far to back the Stop Hate for Profit campaign.

Other than its namesake platform, Facebook's social media brands also include Instagram and WhatsApp.

Verizon spokesperson told the BBC that the brand safety standards have not changed. They are pausing advertising until Facebook can create an acceptable solution that makes them comfortable.

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CEO Allan Kilavuka told reporters on Friday that Kenya Airways has lost an estimated $100 million in revenue as a result of the coronavirus pandemic and related lockdowns.

Kilavuka said they don’t have the full picture of how much they have lost but the estimate since January to date will be around $100 million.

He said according to estimate the ailine will lose between $400 and $500 million.

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