Here is the sample output screenshot:

The code I was using:
`Private Sub PictureBox1_Paint(sender As Object, e As PaintEventArgs) Handles PictureBox1.Paint`
'NOTE: add PictureBox control to winform and set its background color to darkgreen
'PictureBox1.BackColor = Color.DarkGreen
Dim x_value As Int32
Dim y_value As Int32
x_value = 50
y_value = 50
Dim x_value_b As Int32
Dim y_value_b As Int32
x_value_b = 100
y_value_b = 100
Dim pieBounds As New Rectangle(x_value, y_value, 200, 200)
' Define the start angle and sweep angle in degrees
Dim startAngle As Single = 0
Dim sweepAngle As Single = 360
Dim count As Int32
Dim degree As Single
Dim pen_a As New Pen(Color.Black) 'this pen is used for drawing the outer ring
degree = -7 'set the first segment's degree position
For count = 1 To 8 'divide 360 degree to 8 segments
degree = degree + 45 'each segment has 45 degree
pen_a.Dispose() 'destroy previous instance
pen_a = New Pen(Color.Blue) 'can change color for each segment, if desire
e.Graphics.DrawPie(pen_a, pieBounds, degree, 45)
Next
'now we draw the inner ring
Dim pieBounds_b As New Rectangle(x_value_b, y_value_b, 100, 100)
Dim brush_b As New SolidBrush(Color.DarkGreen)
'draw the circle (fill in color)
e.Graphics.FillPie(brush_b, pieBounds_b, startAngle, sweepAngle)
brush_b.Dispose()
'draw the circle outline
Dim pen_d As New Pen(Color.Black)
e.Graphics.DrawEllipse(pen_d, pieBounds_b)
pen_d.Dispose()
End Sub