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Legit.ng journalist Esther Odili has over two years of experience covering political parties and movements. CHECK OUT: Don't let unemployment hold you back. Start your digital marketing journey today. The former governor of Niger state, Mu’azu Babangida Aliyu , has said that to protect the security personnel, Nigeria must formulate a policy that stipulates the death penalty for anyone who kills uniform personnel. He stated this at the National Institute of Security Studies (NISS), in Abuja during a graduation ceremony for members of the Executive Intelligence Management Course (EIMC), 17. According to Aliyu, the death penalty measure would encourage security personnel. As reported by Leadership on Saturday, December 7, the former governor stressed that patriotism must be taken to the highest level. PAY ATTENTION : Standing out in social media world? Easy! "Mastering Storytelling for Social Media" workshop by Legit.ng. Join Us Live! The two-time governor, spoke while reacting to the death of over 30 soldiers in Niger state in 2023. He wondered why anyone would threaten and kill personnel while on duty and still go free. Aliyu said: Read also Tobi Adegboyega: UK judges explain why Nigerian-born pastor's deportation was approved “I am happy that the Chief of Defence Staff, Gen. Christopher Musa is here. Although, they say the CDS or the military are not involved in issues of policies. But let me say this; I have not seen any country where about 38 soldiers would be killed and there will be deafening silence afterwards. I want to recommend that anybody that kills uniform person must die.” However, to buttress the former governor's assertion, the National Security Adviser (NSA), Nuhu Ribadu , who represented President Bola Ahmed Tinubu at the event, stated that all those threatening Nigeria’s peace must be brought to book whether they are in the country or abroad. PAY ATTENTION : Legit.ng Needs Your Opinion! That's your chance to change your favourite news media. Fill in a short questionnaire Source: Legit.ngShares of eLong Power Holding Limited are anticipated to begin trading on the Nasdaq Stock Market under the symbol “ELPW” on November 22, 2024 Ganzhou, China, Nov. 21, 2024 (GLOBE NEWSWIRE) -- eLong Power Holding Limited (“eLong Power” or the “Company”) (Nasdaq: ELPW), a provider of high power battery technologies for commercial and specialty alternative energy vehicles and energy storage systems, today announced the completion of its business combination with TMT Acquisition Corp (“TMTC”) (Nasdaq: TMTCU, TMTC, and TMTCR), a publicly traded special purpose acquisition company. The combined entity is expected to begin trading on the Nasdaq Stock Market under the symbol “ELPW” on November 22, 2024. The business combination is expected to provide eLong Power with access to the U.S. public equity markets and thereby accelerate its business expansion and position eLong Power to explore additional growth and value creating opportunities. Ms. Xiaodan Liu, eLong Power’s Chairwoman and CEO, commented: “We are thrilled to complete our business combination with TMTC, resulting in a pivotal milestone for eLong Power. We expect this strategic move to accelerate our growth and position us to meet the rising demand in the EV and energy storage industry with our innovative solutions. We believe being traded on Nasdaq is crucial for our growth and expansion plan to position eLong Power as a global player. We look forward to leveraging this opportunity to drive innovation and growth while delivering long-term values for our shareholders.” Advisors The Crone Law Group, P.C. acted as U.S. legal advisor to TMTC and Ogier Global acted as the Cayman Islands legal advisor to TMTC. Graubard Miller acted as U.S. legal advisor to eLong Power, Harneys acted as Cayman Islands legal advisor to eLong Power and Han Kun Law Offices acted as China legal advisor to eLong Power. About eLong Power eLong Power Holding Limited, a Cayman Islands exempted company, is committed to the research and development, manufacturing, sales and service of high-power lithium-ion batteries for electric vehicles and construction machinery, as well as large-capacity, long-cycle lithium-ion batteries for energy storage systems. eLong Power is led by Ms. Xiaodan Liu, eLong Power’s Chairwoman and CEO. eLong Power has a comprehensive product and technology system that includes battery cells, modules, system integration, and battery management system development, based on high-power lithium-ion batteries and battery system products for long-cycle energy storage devices. eLong Power offers advanced energy applications and full life cycle services. Its product portfolio includes products utilizing lithium manganese oxide and lithium iron phosphate, among others, to meet the needs of high-power applications and energy storage applications in various scenarios. Forward-looking Statements This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding the benefits of the transaction, the anticipated timing of the transaction, the products offered by eLong Power and the markets in which it operates, and eLong Power’s projected future results. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including, but not limited to: the effect of the transaction on eLong Power’s business relationships, performance, and business generally; risks that the business combination disrupts current plans or operations of eLong Power; the outcome of any legal proceedings that may be instituted against eLong Power related to the business combination agreement or the business combination; the ability of eLong Power to maintain the listing of its securities on Nasdaq; the fact that the price of eLong Power’s securities may be volatile due to a variety of factors, including changes in the competitive and highly regulated industries in which eLong Power operates; variations in performance across competitors; changes in laws and regulations affecting eLong Power’s business and changes in its capital structure; the ability to implement business plans, meet forecasts and other expectations, and identify and realize additional opportunities provided by the business combination; its need for substantial additional funds; the parties’ dependence on third-party suppliers; risks relating to the results of research and development activities, market and other conditions; its ability to attract, integrate, and retain key personnel; risks related to its growth strategy; risks related to patent and intellectual property matters; and the ability to obtain, perform under and maintain financing and strategic agreements and relationships. Accordingly, these forward-looking statements do not constitute guarantees of future performance, and you are cautioned not to place undue reliance on these forward-looking statements. Risks regarding eLong Power’s business are described in detail in eLong Power’s SEC filings which are available on the SEC’s website at www.sec.gov , including in eLong Power’s registration statement on Form F-4 (File No. 333-280512) and eLong Power’s subsequent filings with the SEC. These forward-looking statements speak only as of the date hereof, and eLong Power expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions, or circumstances on which any such statement is based, except as required by law. eLong Power Investor Contact: Shilin Xun Email: xunshilin@elongpower.com TMTC Contact: TMT Acquisition Corp Email: dguo@tmtacquisitioncorp.com Ascent Investor Relations LLC Tina Xiao Phone: +1-646-932-7242 Email: investors@ascent-ir.com
Britain 'must rescue it's lost boys' or 'watch them fill our prisons'NEW YORK (AP) — Brian Thompson led one of the biggest health insurers in the U.S. but was unknown to millions of people his decisions affected. Then Wednesday's targeted fatal shooting of the UnitedHealthcare CEO on a midtown Manhattan sidewalk thrust the executive and his business into the national spotlight. Thompson, who was 50, had worked at the giant UnitedHealth Group Inc for 20 years and run the insurance arm since 2021 after running its Medicare and retirement business. As CEO, Thompson led a firm that provides health coverage to more than 49 million Americans — more than the population of Spain. United is the largest provider of Medicare Advantage plans, the privately run versions of the U.S. government’s Medicare program for people age 65 and older. The company also sells individual insurance and administers health-insurance coverage for thousands of employers and state-and federally funded Medicaid programs. The business run by Thompson brought in $281 billion in revenue last year, making it the largest subsidiary of the Minnetonka, Minnesota-based UnitedHealth Group. His $10.2 million annual pay package, including salary, bonus and stock options awards, made him one of the company's highest-paid executives. The University of Iowa graduate began his career as a certified public accountant at PwC and had little name recognition beyond the health care industry. Even to investors who own its stock, the parent company's face belonged to CEO Andrew Witty, a knighted British triathlete who has testified before Congress. When Thompson did occasionally draw attention, it was because of his role in shaping the way Americans get health care. At an investor meeting last year, he outlined his company's shift to “value-based care,” paying doctors and other caregivers to keep patients healthy rather than focusing on treating them once sick. Listen now and subscribe: Apple Podcasts | Spotify | RSS Feed | SoundStack | All Of Our Podcasts “Health care should be easier for people,” Thompson said at the time. “We are cognizant of the challenges. But navigating a future through value-based care unlocks a situation where the ... family doesn’t have to make the decisions on their own.” Thompson also drew attention in 2021 when the insurer, like its competitors, was widely criticized for a plan to start denying payment for what it deemed non-critical visits to hospital emergency rooms. “Patients are not medical experts and should not be expected to self-diagnose during what they believe is a medical emergency,” the chief executive of the American Hospital Association wrote in an open letter addressed to Thompson. “Threatening patients with a financial penalty for making the wrong decision could have a chilling effect on seeking emergency care.” United Healthcare responded by delaying rollout of the change. Thompson, who lived in a Minneapolis suburb and was the married father of two sons in high school, was set to speak at an investor meeting in a midtown New York hotel. He was on his own and about to enter the building when he was shot in the back by a masked assailant who fled on foot before pedaling an e-bike into Central Park a few blocks away, the New York Police Department said. Chief of Detectives Joseph Kenny said investigators were looking at Thompson's social media accounts and interviewing employees and family members. “Didn’t seem like he had any issues at all,” Kenny said. "He did not have a security detail.” AP reporters Michael R. Sisak and Steve Karnowski contributed to this report. Murphy reported from Indianapolis.