WARNER BROS. BOARD URGES SHAREHOLDERS TO REJECT PARAMOUNT BID AND BACK NETFLIX OFFER. (PHOTO).

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 Warner Bros. board urges shareholders to reject Paramount bid and back Netflix offer Warner Bros. Discovery’s board of directors has unanimously urged shareholders to reject a takeover bid from Paramount Skydance, throwing its full support behind an earlier offer from Netflix. In a statement released Wednesday, the board said it had completed a detailed review of Paramount’s recently launched tender offer and determined that it failed to deliver sufficient value while exposing shareholders to substantial risks and potential costs. Board chair Samuel A. Di Piazza Jr. said the assessment led directors to conclude that the Paramount proposal was not in the company’s or investors’ best interests. The board emphasized that Netflix’s bid represents a superior and more certain option for shareholders, citing clearer value and fewer risks compared with the competing offer. Market reaction reflected investor caution, with Warner Bros. Discovery shares dipping in early trading while Netflix...
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GOV. SANWO-OLU APPROVES REHABILITATION OF PUBLIC SCHOOLS.#PRESS RELEASE.

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     In fulfilment of his inaugural promise to invest in the education of the children and young adults, Governor Babajide Sanwo-Olu has approved the rehabilitation of 60 public schools across the State.
The Honourable Commissioner, Ministry of Education, Mrs. Folasade Adefisayo disclosed this during an interactive session at Ministry, noting that the bold vision of the Governor will herald a new vista that repositions the Education Sector in the State.
In her words, “These Schools, 10 from each of the six Education Districts, are part of the efforts and impact-driven activities in kick-starting transformation in the Education Sector aimed at improving standard and quality of education as well as education management in Lagos State”.
The Commissioner stressed that the commencement of rehabilitation may not take-off until all due processes, including procurement, are fully completed and strictly adhered to by all parties involved.
According to her, this administration has resolved to introduce measures aimed at addressing three broad critical issues affecting education in the State - the need to upgrade the teaching profession, the curriculum, and school infrastructure, adding that Government will ensure all Public Schools in Lagos are made number one nationally and are able to compete globally with much-needed skills, while preparing for the jobs of tomorrow.
In aligning the school curriculum with 21st century realities, the Commissioner hinted on leveraging technology platforms to teach, assess, test and reinforce learning in conjunction with the Private Sector and development partners, while ensuring collaboration with Industry, Federal Government and Academia in updating the school’s curriculum to reflect current and future industry needs that will positively influence and reshape the present educational system in the State.
She enthused that the Government is desirous of promoting knowledge transfer and co-creating workable and functional models for taking education sector in Lagos to an admirable height, reiterating plans by the State Government to recruit qualified teachers for public schools.
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