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October 29, 2024 Vinicius of Madrid Attributes Ballon d’Or Loss to His Stand Against Racism

Vinicius of Madrid Attributes Ballon d’Or Loss to His Stand Against Racism

Brazilian and Real Madrid forward Vinicius Jr. expressed his determination to continue fighting against racism, despite believing that his activism may have influenced his placement in the Ballon d’Or awards. Sources close to Vinicius revealed to Reuters that the player remains committed to his cause, even if it cost him the prestigious accolade.

Vinicius finished second behind Spain and Manchester City midfielder Rodri, sparking a strong response on social media. “I will do it 10 times if I have to. They’re not ready,” he wrote on X, after Real Madrid decided to skip the Paris awards ceremony in protest of the anticipated outcome. His management team clarified that Vinicius was referring to his anti-racism advocacy, suggesting the football world “is not ready to accept a player who fights against the system.”

The 24-year-old has faced repeated racial abuse while playing in Spain, leading to landmark convictions in the country. Despite these challenges, Vinicius remains a critical figure in Real Madrid’s success, with the club winning the Men’s Club of the Year award and manager Carlo Ancelotti named Men’s Coach of the Year.
Real Madrid teammates, including Eduardo Camavinga and Brazilian legend Marta, expressed disappointment over Vinicius missing the top honor. Camavinga posted, “My brother, you are the best player in the world and no award can say otherwise,” while Marta praised his contributions, questioning why he hadn’t been recognized.

Vinicius, alongside young star Jude Bellingham, has been a key player in Real Madrid’s achievements, with Bellingham’s stellar performances earning him third place in the Ballon d’Or ranking. The results have sparked ongoing debate around both the award and the broader issue of racism in football.

October 29, 2024 Pick N Pay Joins Growing List of Companies Exiting Nigeria

Pick N Pay Joins Growing List of Companies Exiting Nigeria

South African grocery retailer Pick n Pay has announced plans to exit Nigeria by selling its 51% share in a joint venture, marking another international business departing from the Nigerian market. According to CEO Sean Summers, this decision aligns with the company’s strategic restructuring beyond its South African home base. Pick n Pay entered Nigeria under five years ago through a partnership with A.G. Leventis (Nigeria) and currently operates two stores in the country, as reported by Reuters.

Pick n Pay’s exit reflects a broader trend, with multinational companies increasingly leaving Nigeria due to challenges in the business environment. In a significant recent departure, beverage giant Diageo sold its 58.02% stake in Guinness Nigeria to Tolaram Group in June 2024. Also this month, Nigerian President Bola Tinubu approved ExxonMobil’s share transfer to Seplat Energy.

Economists estimate that this wave of exits has cost Nigeria a staggering N94 trillion in economic output over the past five years, according to Dr. Vincent Nwani, former Director of Research and Advocacy at the Lagos Chamber of Commerce and Industry. The exodus began in earnest in 2020, with companies like Standard Biscuits Nigeria Ltd and Deli Foods Nigeria Ltd ceasing operations. Over the following years, the trend accelerated:

• In 2021, more than 20 companies exited, including Tower Aluminium Nigeria PLC and Framan Industries Ltd.
• By 2022, over 15 major brands, such as Universal Rubber Company Ltd, left the market.
• In 2023, notable exits included Unilever Nigeria PLC, GlaxoSmithKline Consumer Nigeria Ltd, and ShopRite Nigeria.
• In the first half of 2024 alone, five major players, including Microsoft Nigeria and Total Energies Nigeria, departed.
This wave of exits underscores the pressing need for economic reforms to stabilize Nigeria’s investment climate and retain foreign business interests.

October 29, 2024 Ogun Closes School, Suspends Principal Following Student’s Death

Ogun Closes School, Suspends Principal Following Student’s Death

The Ogun State Government has ordered the closure of Obada Grammar School, Idi-Emi, following the tragic death of an SS2 student, Monday Arijo, allegedly due to corporal punishment by a teacher. The teacher involved has been arrested and suspended, and the school principal, Mrs. Tamrat Onaolapo, has also been suspended for permitting corporal punishment against state regulations.
This decision was announced by Mr. Lekan Adeniran, Chief Press Secretary to Governor Dapo Abiodun, who also stated that a panel would investigate the circumstances leading to this incident. Governor Abiodun pledged that any individuals found responsible would face full legal consequences.
In a show of support, officials from the Ministry of Education, Science and Technology visited the grieving family to offer condolences, listen to their accounts of the incident, and gather information for the investigation. The delegation included high-ranking officials such as the Director of Secondary and Higher Education, representatives from ANCOPPS, and local trade union leaders.
During the visit, the state officials assured the family of a thorough investigation and reiterated the government's commitment to the safety of all students. They also provided a condolence letter and a financial gift of N500,000 to the family, who expressed their sorrow and shock at the unexpected loss of their son. Local law enforcement, represented by the DPO of Idi-Emi, further assured the family of justice and pledged to safeguard other students in the school.
This incident has sparked a renewed focus on the enforcement of non-violent disciplinary practices within Ogun State schools and on the creation of a safer, more supportive learning environment.
October 28, 2024 EPL: Manchester United Appoint New Head Coach

EPL: Manchester United Appoint New Head Coach

Ruud van Nistelrooy has been appointed interim head coach of Manchester United, following the dismissal of Erik ten Hag on Monday. Ten Hag’s departure comes amid a challenging start to the season, leaving United in 14th place in the Premier League standings.

Ten Hag, who joined United in April 2022, managed to secure two domestic trophies during his tenure: the Carabao Cup in 2023 and the FA Cup in 2024. Despite a contract extension to 2026 supported by the club’s new co-owners, INEOS, United’s recent struggles led to the decision to part ways with the former Ajax manager.

Van Nistelrooy, a former United star, steps in with hopes of turning around the team's fortunes as they look to climb the league table.

READ ALSO: Manchester United Sack Erik Ten Hag

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