FORMER KENNEDY CENTER EMPLOYEES ALLEGE LEADERSHIP DELAYED ROOF REPAIRS BEFORE CITING SAFETY ISSUES IN CLOSURE DECISION. (PHOTO).

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 Former Kennedy Center employees allege leadership delayed roof repairs before citing safety issues in closure decision Former Kennedy Center employees allege that the venue’s leadership knew about serious structural problems well before citing newly discovered hazards as the reason for its abrupt closure this month. The claims were outlined in a letter to Congress from a lawyer representing anonymous whistleblowers. The letter accuses the center’s executive director and chief operating officer, Matt Floca, of failing to prioritize roof repairs and stopping a funded repair plan in April. Floca disputes the allegations, saying recent inspections revealed that water damage had spread farther into the building than officials previously knew. In a September court declaration, Floca cited “acute risks to public safety” following an inspection that found deterioration in a roof terrace canopy and a partial ceiling collapse. The former employees contend those dangers were already known to...
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PVAC SECURES BILLIONS IN EURO AND DOLLAR GUARANTEES TO BOOST HEALTHCARE INVESTMENT . (PHOTO).

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PVAC Secures Billions In Euro And Dollar Guarantees To Boost Healthcare Investment 


The Presidential Initiative on Unlocking Healthcare Value Chain (PVAC) has secured billions of dollars and euros in guarantor financing to support investors seeking to establish bankable industries in Nigeria’s healthcare manufacturing sub-sector.


The PVAC National Coordinator, Dr. Abdu Mukhtar said the initiative, under the leadership of the Coordinating Minister of Health and Social Welfare, Prof. Muhammad Ali Pate and at the direction of President Bola Tinubu, has arranged guarantor financing from the European Investment Bank (EIB) worth €1 billion for education and healthcare manufacturing, and another US$1 billion from AFREXIMBANK.


Dr. Mukhtar noted that PVAC currently has about 85 different projects in its pipeline, disclosing that several key projects expected to materialize this year, as a result of the President’s intervention, including the commissioning of a test kits manufacturing company in Port Harcourt, the localization of family planning products in Anambra State which is described as a “game changer” and federal government support for a major pharmaceutical company in Kano State, which is set to produce millions of tablets for Nigeria and West Africa.

 

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