News

Gyang Zi provides free medical services, water to local community in Plateau

Published

4 years ago

December 1, 2022

vicky

The Labour Party senatorial candidate for Plateau North, Barr Gyang Zi, has provided free medical treatment to indigents and aged persons in Fan District in Barkin-Ladi Local Government Area of Plateau State.

The candidate noted that the essence of human existence is to live in good health and have the basic needs of life, food, potable water, security, and shelter.

Barr Zi disclosed this on Wednesday during the medical outreach in Fan community, saying it has become necessary due to the growing illness among aged persons and women and children who are victims of insecurity that has ravaged the area.

“Health, they say, is wealth. There is no doubt about this. Many Nigerians today live in abject poverty and do not have access to the basic amenities which are to be provided by the government,” he stated.

He explained that the health intervention became very impressive because of the constant health challenges of the communities in Fan and their inability to get medical attention, put his resources together with a team of medical personnel and storm the area to offer them medical services free.

“The high rate of typhoid in the area as a result of the lack of potable drinking water was the major Health challenge tackled by Gyang Zi and his team. Free medical diagnosis was carried out, treatment and drugs were administered to the people alongside the provision of water guards for the treatment of their drinking water and several other medical interventions.”

He noted that it was crystal clear that the community cherish the intervention as members could not hide their joy as they came out in their numbers to appreciate him for the medical aid given to them at this critical time.

“They were particularly overwhelmed by the fact that Gyang Zi has never held any public position yet, he is using his hard-earned resources to reach out to the people. The community leaders said they have heard of the numerous acts of kindness done by the distinguished senator in waiting and they believe that if he is given a bigger opportunity, he will do more for them. They pledged their full support for him as Nigeria goes to the polls come 2023.

Barr Gyang Zi said the health aid is not political but “a way of giving back to the society in fulfilment of the holy scriptures. I see this as an opportunity and rare privilege to touch the lives of my people and I give all glory to God who has made this possible.

“Though it coincided with a political season where we are aspiring to represent our people at the Red Chamber, it’s never a means of canvassing for votes from the people. We can’t wait till during or after elections before we reach out to our people because they need to be alive and healthy to go and vote. I believe our people now can see for themselves clearly and will decide who becomes their leaders come 2023 regardless of a political base.

“We will fight for justice for our people, stand with them and continue to support them in any way we can. Our slogan remains JUSTICE AND REBIRTH. We will do more as God enables us,” Gyang Zi said.

He had earlier provided clean sources of water for the affected communities which shall stand the test of time.

News

Jio shares surge 21% in market debut after blockbuster India IPO

Published

2 minutes ago

October 28, 2026

PlateauReports

Jio Platforms, billionaire Mukesh Ambani’s Indian telecom and digital services unit backed by Meta and Google, surged 21% in its stock market debut on Wednesday after raising $3.2 billion in India’s largest and most subscribed IPO, which attracted more than $77 billion in investor bids.

The shares opened at ₹1,358 (about $14) apiece, up from their IPO price of ₹1,119 (around $12). That valued Jio at around ₹12.5 trillion (around $131.9 billion), making it India’s second-most valuable listed company after its parent, Reliance Industries, which is worth about ₹16 trillion (around $168.6 billion). In 2020, when Meta and Google invested, Jio was valued at up to ₹4.91 trillion (about $65 billion at the time).

The offering, which ran from October 21 to 22, drew bids for 22.19 times the shares on sale, according to exchange data. More than 13.8 million people applied. That made it India’s most subscribed stock offering on record, reflecting strong investor demand for shares in the country’s largest telecom operator.

In 2016, Jio entered what was then a crowded Indian telecom market, offering free data and low-cost services. That helped it quickly win customers from established operators including Bharti Airtel, Vodafone Idea, and state-owned BSNL. It has since become the country’s largest telecom operator. Akash Ambani (pictured above), Jio Platforms’ managing director, said at Wednesday’s listing ceremony that its platforms serve more than 540 million customers. Jio’s prices are now broadly in line with those of its rivals’, but its business has expanded into broadband, cloud services, and AI.

Akash, Mukesh Ambani’s eldest son, has taken on a larger role in Jio as his father gradually hands more responsibility to the next generation of Reliance’s leadership. At the listing ceremony, he said he wants Jio to become a global technology company. “My dream is that one day, when the world counts its great technology companies, one of them will be from India, and that company will be called Jio Platforms Limited,” he said.

Jio made ₹300.5 billion (about $3.2 billion) in profit on revenue of ₹1.47 trillion (around $15.5 billion) in the fiscal year ended March 2026, with both figures up about 15% from a year earlier. In the June quarter, Jio’s revenue grew nearly 12% and profit rose 9%.

From the IPO proceeds, Jio plans to use up to ₹275 billion (about $2.9 billion) to repay debt at its telecom subsidiary, Reliance Jio Infocomm, with the remainder going toward general corporate purposes. Jio had total borrowings of ₹613.7 billion (around $6.5 billion) as of June 30.

Jio drew billions of dollars from American investors during the COVID-19 pandemic in 2020. Meta, then known as Facebook, invested $5.7 billion, while Google put in $4.5 billion. General Atlantic, Silver Lake, and Vista Equity Partners were among the other investors that backed the company. None sold shares in the IPO, which consisted entirely of newly issued shares.

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News

LP candidate decries money politics in Cross River

Published

25 minutes ago

October 28, 2026

PlateauReports

The Labour Party, LP, candidate for Calabar South State Constituency II in Cross River State, Comrade Affiong Joseph, has criticised the growing influence of money in Nigerian politics, saying it undermines candidates’ achievements, credibility and good intentions.

Joseph, who spoke in an interview on Tuesday, said the dominance of money in electoral contests often puts candidates without strong financial backing at a disadvantage.

She identified sponsorship as her major challenge in the race for the state House of Assembly seat, insisting that her gender was not a barrier to her acceptability among voters.

The former treasurer of the Association of Senior Civil Servants of Nigeria said the growing tendency to favour wealthy politicians over candidates with proven records and ideas was affecting her campaign.

“The only challenge I have right now is that of sponsorship and not of acceptability because of my gender,” she said.

“In Nigeria today, money talks in politics more than achievements and good intentions of a candidate, not really because one is a woman.”

Joseph disclosed that two other women were contesting the same legislative seat on the platforms of the All Progressives Congress, APC, and the Nigeria Democratic Congress, NDC, while she is seeking election on the LP platform.

LP candidate decries money politics in Cross River