Showing posts with label news. Show all posts
Showing posts with label news. Show all posts

Monday, December 5, 2016

Nigeria/morocco To Produce One Million Tons Of Fertilizer From 2017


Nigeria and Morocco to partner for production of mass fertilizers


An agreement between the governments of Nigeria and Morocco, anchored by Fertilizer Producers and Suppliers of Nigeria, FEPSAN and a Moroccan company, OCP will yield one million tons of fertilizer through local production for next farming season. This will be a short term solution that will, by a signed agreement also force the price of fertilizer from N8,000 to a low of about N5,000.

In a statement obtained from the facebook page of the Special Adviser, Media and Publicity to the president, Femi Adesina, a Memorandum of Understanding also signed during the visit of King Mohammed VI of Morocco to Nigeria by Mr. Thomas Etuh, President of FEPSAN and Dr. Mostafa Terrab , Chairman and Chief Executive Officer of the OCP Group, FEPSAN and OCP, will come together to promote innovation in an effort to contribute towards productivity-led agricultural growth and improve farmer livelihood.

OCP, a majority state-owned company of Morocco is a world leader in phosphate and its derivatives, committed to the development of agriculture in Africa.

The agreement also seeks to promote the use of agricultural inputs including access to adequate fertilizers as a major lever for improving agricultural productivity and farmers’ income.

Jamb forms are not on sale yet

Image result for jamb utme
The Joint Admissions and Matriculation Board, JAMB, has urged the public to disregard the speculations that it had commenced the sales of its application documents for 2017 UTME by some group of persons.

The board’s head of media and information, Fabian Benjamin, debunked the speculations in a statement made available to the News Agency of Nigeria, NAN, on Sunday in Lagos.

According to the statement, the registrar of the examination body, Ishaq Oloyede, has expressed disappointment with the development and called on innocent Nigerians not to fall prey.

“The public is hereby notified that JAMB has not commenced the sales of its application documents as advertised by some unknown and desperate persons.

“They are to disregard any website or individuals claiming to be in possession of these documents and offering same for sales.

“We are putting finishing touches to innovation and changes to ease the challenges associated with the procedure of application for the 2017 all Computer-Based Unified Tertiary Matriculation Examination (UTME).

“We are looking forward to announcing the commencement of the sales of these documents very soon,” the statement quoted the registrar as saying.

The statement advised the public to feel free to contact the board for clarification on its activities through its website or contact numbers whenever they were in doubt.

It noted that Mr. Oloyede had announced his willingness to open the board’s door to the public to make valuable contributions and also report any act against the board’s pedigree by either the staff or the board’s development partners.

“We must all be interested in what happens in JAMB, as it is too important to be ignored.

“Help us to watch over where our eyes cannot get to, hear where our ears fail and be our police where our presence is insufficient,” the statement said.

It added that the Registrar had restated the board’s determination to ensure that nobody was spared in sustaining and advancing the credibility of the board.

Friday, December 2, 2016

Robbers caught while putting money in private part

  The Lagos State Rapid Response Squad (RRS) have arrested two suspected robbers, who reportedly stole N1.548 million and tried to hide it in their private parts.
They were apprehended on Thursday, December 1, 2016, in the Oshodi area of Lagos.
WuzupNaija reported that the money in question is from an abandoned loot.
The pair have been taken in for questioning by the Lagos State Rapid Response Squad (RRS).
They were arrested while trying to hide N1.548 million in their private parts.

‘Nobody will give Buhari $30b,’

  The Emir of Kano, Sanusi Lamido Sanusi has said that no country will lend $30b to the Nigerian government.

The monarch said this at a forum organised by the Savannah Centre for Diplomacy, Democracy and Development (SCDDD), in Abuja.
Sanusi also warned that crude oil will never make Nigeria rich, adding that it will also not bring the country out of its current economic woes.

The Emir said ”I can tell you for free, if the Senate today approves that we can borrow $30 billion, honestly, no one will lend us. It should be approved and I will like to see how you will go to the international market with an economy that has five exchange rates.
“There is one rate for petroleum marketers, there is inter-bank rate, there is another for money market operators such as western union, money gram, there is bureau de change rate and there is a special rate you get when you call the CBN for a transaction.
“So, who will borrow you when they don’t know your exact reserve and exchange rate. I want to see who will borrow you money when the Niger Delta bombing of oil is there when the main source of the loan repayment is oil.”
You will recall that the Senate on Tuesday, November 1, 2016, rejected  President Muhammadu Buhari’s request for approval to borrow $30 billion.

Meet, Pastor Ernest Chigozie Mbanefo, the man behind Ponzi scheme

  According to a report from the Vanguard, a Nigerian man based in South Africa, Pastor
Ernest Chigozie Mbanefo is the brains behind
MMM Nigeria.
Nigerian Communications Week reports that Mbanefo registered the domain MMM-Nigeria.net on June 7, 2016, at about 5p.m Nigerian time. The domain is said to expire exactly a year later.
MMM Nigeria is said not to be in the MMM Global set up which is the popular Ponzi scheme that started in Russia in the 90s.
Pastor Ernest Chigozie Mbanefo on July 15, 2016, reportedly collected a certificate of completion for the online course MMM Guiders School. According to Page One, the certificate was signed by Sergei Mavrodi, the father of MMM.

On the site news.mmm-nigeria.net, Mbanefo is described as "selflessly helping thousands of MMM Nigeria Participants whether or not they fall under his downline structure. The brain behind the MMM NIGERIA REVOLUTION operation has been working selflessly and tirelessly towards the education, information and proper guidance for the MMM Nigeria Community."
The brain behind MMM Nigeria is said to be living at 1 Royal Street, Lindberg Park, Johannesburg, South Africa.
Another Ponzi scheme Ultimate Cycler  is said to be a creation of Peter Wolfing. Known as "the online tool guy", a site Behind MLM says that Ultimate Cycler is the latest of Peter Wolfing's scams.

How incompetence and cruelty killed a corps member in Kano

   Ifedolapo Oladepo was killed by the incompetence of NYSC officials in camp, and this is her story.
When she set out from Osun State from her alma mater, Ladoke Akintola University of Science and Technology, she had only one destination; NYSC Permanent Orientation Camp, Kusala Dam, Karaye, Karaye Local Government, Kano State.
She arrived late, exhausted, and because of the stress, coupled with the strenuous registration exercise, she developed a fever the next day.
She did the sensible thing; report to a camp official.
When she complained to the soldiers on camp, they thought she was pretending? So what did they do without verifying? They didn't let her get some rest or even treatment.
For self-preservation, Ifedolapo started calling people, including Oyeyode Abimbola Inioluwa , her relative, who is also a nurse.
Somehow, this pressure from Ifedolapo led to people at the clinic finally attending to her. They gave her an injection.
This is where things started to take a downturn really fast.
Just after taking injections, she noticed strange rashes on her body and called Abimbola again to complain. Apparently, she was having an anaphylactic reaction, a situation where the body reacts suddenly and severely to medication.
The consequences could lead to death.
Being a nurse, Abimbola asked to speak with the doctor who was present, to no avail. The only sane thing for Ifedolapo to try to do at this point, was to leave camp. So she asked her sister to help her book a flight.

Abimbola tried to get a flight out of Kano, to no avail. So she pleaded to a camp official that Ifedolapo be taken to the Aminu Kano Teaching Hospital. They said they'd take her in one hour.
It took another five hours before they finally took her, and then they took her to a General Hospital in Kano, not a Teaching Hopsital. Meanwhile, Abimbola set out to Kano by road with Ifedolapo's sister, Kemisola Oladepo, a 16-hour journey.
By 3am, before Abimbola and Kemisola could even reach Kano, Ifedolapo had died.
According to Abimbola, there was no doctor available to help and the nurse on duty said she tried her best.
Abimbola and Kemisola didn't meet their brilliant sister waiting for them saying it was all a joke, or at least lying on a hospital bed recuperating.
They met their sister, lying cold, dead, never to smile again.

Thursday, December 1, 2016

Deposits on foreign accounts now limited to 10,000 dollars only

Nigeria's Apex Bank,CBN has limited the amount of deposits on foreign accounts to ($10,000) monthly per customer. This was made known by text messages and mail recieved by some customers of certain banks.

Below is what Stanbic Ibtc sent to a customer

Esteemed Customer,


Thank you for banking with us.


We write to inform you that foreign transfers from domiciliary accounts on the back of funding through cash deposits is now restricted to a maximum of Ten Thousand Dollars ($10,000) monthly per customer. This adjustment applies to all customers irrespective of the number of accounts operated and will take effect from 01 December, 2016.


However we will continue to accept cash deposits to domiciliary accounts in line with subsistent regulatory guidelines.


For further enquiries on this revision as well as our bouquet of products and services, please call 01 270 9676, email CustomerCareNigeria@stanbicibtc.com or visit the branch nearest to you.


Yours Sincerely,


Stanbic IBTC Bank PLC

Important notice from JAMB for al newly admitted students

 All candidates who have been offered provisional admission for the 2016/2017 academic session to institutions they did not choose as their most preferred institution (First Choice) or did not choose at all that they are to proceed to JAMB portal: jamb.org.ng to make the institution that have offered them admission their most preferred choice.

The same applies to candidates who have been offered courses different from the one they originally applied to study.

Candidates are to ensure they complete this process on or before December 9th, 2016 to enable JAMB change their admission letters and also adjust their records accordingly.

After effecting the changes as described above, candidates are expected to visit the school that have offered them admission with the confirmation slip that was printed out from jamb website for admission validation.

‘I have thrown my green card away,’

   Nobel Laureate, Professor Wole Soyinka has fulfilled his promise to do away with his US green card.
He made the disclosure on Thursday, December 1, on the sidelines of an education conference at the University of Johannesburg, AFP reports.
“I have already done it, I have disengaged (from the United States). I have done what I said I would do,” Soyinka said
“I had a horror of what is to come with Trump… I threw away the (green) card, and I have relocated, and I’m back to where I have always been.
“It’s useful in many ways. I wouldn’t for one single moment discourage any Nigerians or anybody from acquiring a green card… but I have had enough of it,” he added.
Soyinka had, in November, promised to rip up the green card if Donald Trump emerged victorious in the US presidential elections.
“If in the unlikely event he does win, the first thing he’ll do is to say [that] all green-card holders must reapply to come back into the US. Well, I’m not waiting for that. The moment they announce his victory, I will cut my green card myself and start packing up," he said.
Trump eventually became the president-elect of the US after defeating former Secretary of State,
Hillary Clinton.
The billionaire's victory led many Nigerians to remind Soyinka of his promise to destroy the green card leading the playwright to describe his critics as "noisome creatures."
"Let me end with a Red Card to those noisome creatures, the nattering nit-wits of Internet: maybe Trumpland is not as despicable as the Naijaland you impose on our reality from your secure cesspits of anonymity. Go back to school. Your problem is ignorance, ignorance of whatever subject you so readily comment upon. Learn to study your subjects before opening up on issues beyond your grasp," he said.
“Sometimes you make one feel like swapping one green for another out of embarrassment for occupying the same national space as you. If it even becomes convenient to bring it forward, I intend to do so, but please don’t come at me with plaints of time imprecision.
“I never discussed it with you, nor invited you to a private decision whose execution was already in the making. Do not try to browbeat me. It’s a waste of time – all you have to do is immerse yourselves in my antecedents. It will not attempt to deal with the notion of an exit time-table as conceived by others," he added.

A Nigerian lawyer, Kayode Ajulo later warned that Soyinka could go to prison if he destroys his US green card as the act amounts to willful destruction of government property.

Ali Modu Sheriff summons Mimiko, Jegede to disciplinary committee over Ondo state PDP loss


Ali Modu-Sheriff's faction of the Peoples Democratic Party (PDP) in Ondo State has summoned Governor Olusegun Mimiko, his deputy, Alhaji Azeez Oluboyo and the governorship candidate in the November 26 election, Mr. Eyitayo Jegede (SAN), to appear before its disciplinary committee.

Governor Mimiko was alleged to have contravened the constitution of the party through his actions during last Saturday’s poll.

Factional Chairman, Mr. Poroye Biyi, in a statement issued by the Director of Publicity, Mr. Yemi Akintomide, said the committee will investigate all activities of Mimiko and others.

He said, “the seven-man committee which is headed by Senator Omololu Meroyi, will investigate all actions of individuals or group of persons that were in breach of the party’s constitution and its fundamental objectives which led to the failure of the party in the last governorship election.

The party had since before last Saturday been enmeshed in serious internal crisis, a development which caused confusion on its choice of candidate for the election.

The Ahmed Makarfi faction had earlier presented Mr Jegede but the Independent National Electoral Commission (INEC) later substituted his name with that of Mr Jimoh Ibrahim who was from the Sheriff’s faction following the judgment of Justice Okon Abang of a Federal High Court sitting in Abuja.

However, Jegede who appealed against the judgment, got justice at both the Appeal and Supreme Courts in less than 48 hours to the election.

According to Mr. Biyi’s statement, Governor Mimiko and others who are to appear before the committee breached Section 7 (3) (c) of the party’s constitution which provides that the party shall adhere “to the policy of the rotation and zoning of party and public elective offices in pursuance to the principle of equity, justice and fairness.”

The statement added that “the committee shall look into the acts and commissions of government which impacted the people including public servants negatively, culminating into people’s anger and rejection which affected the electoral fortunes of the party.”

“The committee shall also investigate the conduct of certain individuals in the disbursement of the resources of the party in the mobilization of members for the election,” the statement added.

Others summoned to appear before the committee are Jumoke Akindele, Speaker, of the House of Assembly, Mr. Clement Faboyede, Alhaji Fatai Adams, Mr. Banji Okunomo, Mr. John Ola Mafo, Mr. Wole Ogunyemi, Mr. Bamiduro Dada, Mr. Akin Akinbobola and all commissioners in Mimiko’s cabinet.

The statement said all the concerned persons are to appear before the committee as from today (Thursday).

Is this government out to tax Nigerians to death - Ayo Fayose

Ekiti State Governor, Mr Ayodele Fayose has said the President Mohammadu Buhari led All Progressives Congress (APC) federal government desire was to tax Nigerians to death, saying; “Nigerians must resist any attempt to impose new tax on them.”

The governor described the federal government’s plan to increase the cost of data as wicked, adding that “Most Nigerians are still alive today because they are kept busy by their access to social media. They relieve themselves of the burden of hunger and despair, placed on them by the federal government’s lack of policy direction by reading news and jokes, chatting with friends, watch comedy movies, etc. Denying them of this opportunity through increment in the cost of internet subscription will mean that the federal government deliberately wants many Nigerians, especially the youths to die of depression.”

He hailed the Senate for directing the National Communication Commission (NCC) to suspend the planned increment, saying; “The government must be sensitive to the plight of the people. Today, despite all the taxes and increments in services rendered by federal government agencies, minimum wage has remained at N18, 000 while millions of jobs have been lost. Do they want Nigerians to pay with their blood?”

In a release issued in Ado-Ekiti on Wednesday, by his Special Assistant on Public Communications and New Media, Lere Olayinka, Governor Fayose said “If the only way the federal government believes it can take Nigeria out of recession is to impose obnoxious taxes that will further impoverish the people, the federal government is not being fair to Nigerians.”

He said; “Under 20 months of Buhari’s government, petrol price was increased from N87 to N145 per litre, kerosene; diesel and gas price was increased, electricity tariff was increased, N50 stamp duty was introduced on bank customers, 9% tax for the use of communication services like calls, SMS, MMS and data usage from telecommunication service providers; internet service providers and Pay TV Stations.

“It is also under this APC government that N65 levy was imposed on every withdrawal on ATM, various bank charges introduced, custom duties increased, increment of VAT from five per cent to 10 per cent contemplated, cost of vehicle plate numbers and drivers licence increased, and now cost of internet subscription is to be increased too.

“Is this government out to tax Nigerians to death?”

While condemning the proposed increment in the cost of data, Governor Fayose said it was strange that the federal government came with the idea less than three weeks after the Minister of Information and Culture, Lai Mohammed complained about the damage being done to the image of the Buhari’s government by the social media.

“About three weeks ago, Lai Mohammed told Nigerians that social media was the greatest nightmare of the federal government and now, we are being told that federal government has told telecommunication providers to increase the cost of internet subscription. Is this not a way of indirectly restricting Nigerians from using social media?

“They tried to gag Nigerians, using the failed social media bill, now they want to use increment of internet subscription to achieve what they could not achieve with the social media bill last year. Nigerians must say no to this and I am standing with the youths of Nigeria to say no to any increment in the cost of data,” Fayose said.



Wednesday, November 30, 2016

Victor Moses wins PFA player of the month of November


Nigeria's and Chelsea star Victor Moses has won the PFA Fans' Premier League Player of the Month award for November, beating the likes of Sergio Aguero and Gylfi Sigurdsson.



More than 40,000 votes were cast in the poll, which was held on the Sky Sports website and apps, with Moses claiming a landslide victory with 18,756 votes.
Swansea's Sigurdsson came second with 7,791 votes, while Watford's Nordin Amrabat was third with 5,378 votes. Rounding off the top six were Sunderland's Victor Anichebe (3,642), Manchester City's Aguero (3,457) and West Brom's Matt Phillips (1,203).

According to Skysports the six candidates were chosen by our expert panel, which included Sky Sports pundits Peter Beagrie and Paul Merson, Mike Riley - general manager of the Professional Game Match Officials, and Malcolm Clarke - chairman of the Football Supporters' Federation.

Moses, whose performances in November have helped Chelsea to the top of the Premier League, who has come out on top thanks to your votes, which have been verified by an independent party.

Photo : River's state Governor Nyesom Wike sleeping during a rally


Rivers state governor Nyesom Wike was spotted sleeping during a rally at Emohua Local Government Area yesterday ahead of the rerun election.

The governor who was accompanied by former acting national chairman of the Peoples Democratic Party (PDP), Uche Secondus and other party stalwarts appeared tired due to the grueling event -hence he decided to rest.

Polytechnic rector slumps, dies during sex rump with teenager

    Acting Rector of the Federal Polytechnic, Ekowe, Bayelsa State, has slumped and died at a hotel in Ughelli during an alleged sex romp with an unidentified teenager.
Vanguard reports that the rector whose identity has been withheld, slumped in his hotel room in Zekoh Place located at Onoharigho street, Ughelli and was rushed to a private clinic close to the hotel. He was reportedly confirmed dead on arrival.
A source at the Ughelli Area Command told Vanguard, “He had gone to the hotel in the company of a teenager and booked a room for an hour of love session with the girl."

The source adds: “The girl raised an alarm when the chief slumped but absconded following reports that the victim was confirmed dead.
“Though no arrest has been made in connection with the incident, a female manager of the hotel was arrested for questioning but has since been released.”
However, the reports reveal that the family members suspect foul play. A family member who spoke to Vanguard at the Rector’s Upper Agbarho residence said:
“We are having a meeting with elders of the family if an autopsy would be conducted after which we would take a stand on the matter.”
Meanwhile, the teenager is yet to be found or identified.

Source _ pulse

Tuesday, November 29, 2016

100% price increase in data plans across all network for Nigerians from December 1st

GSM Subscribers across the country would pay more for data with effect from December 1, 2016.


According to the PUNCH, the telecoms companies declined to speak on the matter, top management workers across the networks confirmed the story to our correspondent, saying that the directive was from the Nigerian Communications Commission.

Speaking on the condition of anonymity, a senior management employee of Etisalat Nigeria said, “The NCC issued the directive late last week on the orders of the Federal Government. We have not announced it yet because most of the major telcos have been meeting the NCC on how to reverse this policy, because it will be too harsh for Nigerians.

“However, we further gathered that the Federal Government took the decision having discovered that data rates are very low-priced in Nigeria, compared to other countries, including nearby African countries.

“The government might have also taken the decision given that Nigerian subscribers have been kicking against the proposed nine per cent Communication Tax, whose bill is currently in the National Assembly.”

Pleading not to be mentioned, an employee of MTN said, “What this means is that MTN, Airtel, Etisalat And Globacom will increase their data rates as from December 1, 2016. A data plan of N1,000 for 1.5 Gigabytes will now be increased to N3,000 at N1,000 per 500 Megabytes.”

In text messages sent out to its subscribers, MTN, Africa’s mobile telecommunications giant, confirmed that it had agreed to implement the directive of the NCC.

The MTN text read, “Dear customer, please be informed that from 1st of December, some MTN data tariffs will be increased to reflect the new rates set by the NCC for operators. Thank you.”

A representative of the commission said that the telecoms regulator was unaware of such plans by the operators, even as she said her bosses had claimed ignorance of the circulated message.

“We are unaware of it. I just asked my bosses; they are unaware. We will forward your query to MTN for appropriate attention,” she said over the telephone.

However, in a letter by the NCC to the operators sighted by our correspondent, the commission stated, “This rate will subsist pending the finalisation of the study on the determination of cost-based pricing for retail broadband and data services in Nigeria.

“In order to provide a level playing field for all operators in the industry, small operators and new entrants to acquire market share and operate profitably, small operators and new entrants are hereby exempted from the price floor for data services.”

It added, “For the avoidance of doubt a small operator is one that has less than 7.5 per cent market share and a new entrant is an operator that has operated less than three years in the market.

“All operators are to ensure that subscribers are not automatically migrated to pay-as-you-go platform.

“Also, note that effective date for the interim price floor is December 1, 2016.”

Reacting to the development, the President, National Association of Telecommunications Subscribers, Mr. Adeolu Ogunbanjo, said that the NCC representative was being economical with the truth.

He said that for MTN to have sent out millions of text messages to its subscribers “clearly shows that the NCC indeed issued the directive.”

Ogunbanjo, however, said that the association would resist the tariff hike, adding, “We will challenge it in court. We are going right away to set the machinery in motion. We are also going to do an urgent letter to the NCC Executive Vice Chairman, Prof. Umar Danbatta, which we will drop in his e-mail box.

“Unfortunately, the notice is short; today is November 28, yet the order will take effect from December 1. It is not just good for broadband penetration, whatever the reason may be. It is against telecoms subscribers.”

According to him, data availability means more youth engagement because they use data to develop apps and build software.

“But with what the NCC has done, these boys who develop apps will be slowed down and limited. The cost of doing business will also increase,” he added.

Plane carrying football team crashes

   A plane carrying members of Brazil's Chapecoense Real football team crashed late Monday near the Colombian city of Medellin, officials said.
"Confirmed, the aircraft license number CP2933 was carrying the team @ChapecoenseReal. Apparently there are survivors," the Jose Maria Cordova de Rionegro airport, which serves Medellin, said on its Twitter account.
According to the UK Guardian, the plane was carrying more than 70 people.
Medellin international airport has confirmed that the charter aircraft was involved in a serious emergency on its way to the city.
It is not yet known whether there have been any casualties.
The football team was scheduled to play Copa Sudamerica finals against Atletico Nacional on Wednesday in Medellin.
The plane – a British Aerospace 146 short-haul plane – is believed to have started its journey in Sao Paulo, Brazil, at 3.35pm in the afternoon local time, the Guardian reports. It made a stop in Santa Cruz de la Sierra, a bustling economic hub in eastern Bolivia, later that day before setting off for Colombia.
Source _ pulse

Monday, November 28, 2016

Power shortage will become a doom's day scenario if not handled properly - NERC Boss

Acting Chairman /Chief Executive Officer, Nigerian Electricity Regulatory Commission (NERC), Anthony Akah, has said that if care is not taken, the shortfall in the power sector will hit N3 trillion by the end of this year. Akah revealed this in a statement over the weekend.

“This is like a doom’s day scenario because if care is not taken, shortfall in power sector will hit N3 trillion by end of 2016. The reason is lack of revenue attributed to the services provided but don’t get paid for”, he said. In October, Nigeria Electricity Hub, an initiative of Nextier Power, said that the Nigerian electricity supply market will record an estimated N1 trillion shortfall by December 2016, which could lead to systemic bankruptcy and a risk of nationwide blackout if left unresolved.

The CEO of Niger Delta Power Holding (NDPHC), Chiedu Ugbo, also stated that since the establishment of the company’s first power plant in 2011, estimated energy invoiced by the eight power plants currently amounted to N235.4 billion. Of this estimate, about 55.3 percent, he explained, has been paid while the remaining 44.7 percent is still outstanding and owed by the Discos, and as of August 2016, debts owed the company by the market stood at N105 billion. “The implication is far reaching: capacity utilisation, low productivity, inability to meet obligations, asset replacement issues and finally it challenges them as a going concern,” the NDPHC boss said.

 While speaking, Antony Akah described the huge shortfall as a “doom’s day scenario”, saying it came about as a result of services rendered by the different strata of the sector yet-to-be paid for by consumers. He mentioned power theft, metre by-pass, unpaid bills as some of the causes for the shortfall. He then explained that power loses are usually estimated and added to the bills/tarrifs of those customers with metres.

The Chief Executive Officer, Association of Nigerian Electricity Distributors (ANED), Azu Obiaya, had earlier assessed the liquidity challenge from the perspective of the Discos. Discos are experiencing a revenue shortfall of N38 billion monthly and that the government alone, through its ministries, departments and agencies (MDAs), currently owes the Discos about N58 billion, he said. This, the ANED CEO said, could amount to N309 billion by the end of the year, and that the Discos’ books no longer reflect cash flows that were necessary for lenders to accept funding their ongoing projects.

He also noted that as of December 2015, the Discos were experiencing a revenue shortfall of N298 billion due to the non-cost reflectivity of MYTO.0, a tariff plan then in force in the power sector in Nigeria.

As a result of this, the NERC approved electricity tariff increases to raise liquidity for the sector but its implementation was suspended for about six months, resulting in losses of about N13 billion for the Discos. Apart from these, other losses are coming through inflation of the naira and its weakness against major international currencies as well as from pipeline vandalism.

Senate makes dramatic turn as it drops the name of Buhari's successful nominee for commissioner of NCC

TWELVE days after the Senate cleared Chief Okoi Ofem Obono-Obla, Cross River, South South, as a non-Executive Commissioner on the governing board of the Nigerian Communications Commission, NCC, it has made a dramatic turn by dropping his name from the list of successful nominees sent to President Muhammadu Buhari.

Obono-Obla’s name was removed in the letter transmitted to Buhari as one of those confirmed by the legislature.

In the letter dated November 22, signed by Senate President Bukola Saraki, a copy of which was obtained yesterday, Obono-Obla was listed as one of the three whose nominations were rejected by the Senate.
It would be recalled that Oboni-Obla was among the five whose nominations by President Buhari were approved by the Senate on November 17, 2016, while two of the nominees were dropped.

At the plenary, those whose appointments were confirmed were Senator Olabiyi Durojaiye (Chairman/Ogun/South-West), Senator Ifeanyi Ararume(Non- Executive Commissioner/Imo/South East), Sunday Dare (Executive Commissioner, Stakeholders Management/Oyo/South-West), Okoi Ofem; Obono-Obla (Non-Executive Commissioner/Cross River/South-South) and Clement Omeiza Baiye (Non-Executive Commissioner/Kogi/North-Central).
The lawmakers, however, dropped Aliyu Abubakar (Non-Executive Commissioner/Bauchi/North-East) and Pastor Ezekiel Yissa (Non-Executive Commissioner/Kwara/North-Central).
According to the report of Senator Gilbert Nnaji led Committee on Communications, Pastor Ezekiel was rejected because of his background as a nursing officer.
The second nominee rejected by the Senate, Alitu Abubakar, had repeatedly called for the scrapping of the Senate, even when he appeared before the Senate for screening, saying the existence of the Senate was not justifiable.
He also pointed out that the upper chamber was only wasting the nation’s resources by its existence.
Obono-Obla, who is the Special Assistant to the President on Prosecution, attached to the Ministry of Justice, protested in an email sent yesterday against what he described as back-door removal.
The mail was titled, Can the Senate President unilaterally overrule the confirmation of a nominee by the Senate?
The nominee, who asked why he was removed after the Senate had confirmed his nomination, simply said: “The entire major electronic and print media organs in the country, on November 17 and 18, 2016, carried the confirmation by the Senate of the Board of Nigerian Communications Commission.
“Surprisingly and curiously, the Senate President, Senator Abubakar Bukola Saraki, in a letter dated November 22, 2016, to President Muhammadu Buhari, titled ‘Confirmation of Appointments,’ falsely stated that the Senate did not confirm the following nominees: Aliyu Saidu Abubakar; Pastor Ezekiel Yissa and Chief Okoi Ofem Obono-Obla.”



culled from Vanguardngr

Sunday, November 27, 2016

Pastor makes cool cash from sales of anointed cucumber

    A Zimbabwean clergyman, Prophet Walter Magaya, has made money from his congregation through the sale of what he called anointed cucumber.
This has led to a bit of negativity on social media, especially on micro blogging site, Twitter .
A user with the ID @mcicewater attributed the occurrence as a sign of the end time.
He wrote, "Signs of the end time. Zimbabwean prophet Walter Magaya allegedly sold anointed cucumbers to his church."

According to reports, Magaya is currently in Nigeria to visit the Synagogue Church of Nations leader, Pastor T.B Joshua .
It has been rumored that the latter gave him the power to perform miracles.

I slept for 22 hrs in London hospital after heart surgery – Tony Anenih

    Octogenarian and a former Board of Trustees, BoT, Chairman of the Peoples Democratic Party, PDP, Chief Tony Anenih, yesterday, revealed how he slept for 22 hours when he underwent a major heart snuggery at a private hospital in London.
Chief Anenih, who spoke during a thanksgiving service in his honour held at the Our Queen of Nigeria Pro-Cathedral Catholic Church, Area 3, Abuja, recalled that about seven doctors conducted surgeries that lasted for eight hours on him when the major artery pumping blood to his heart got burst.
     Recall the rumour death of the sage politician, Chief Tony Anenih went viral lat year shortly after the conduct of the 2015 presidential election, where his party, the PDP, lost the presidency to the All Progressive Congress, APC.
He was reportedly dead in the Royal Brompton Hospital, London in the presence of his wife and personal physician.
Those who attended the thanksgiving service include, former President, Goodluck Ebele Jonathan, second Republic vice President, Dr. Alex Ekwueme, former Minister of Information, Professor Jerry Gana, former Minister of Works, Chief Mike Onononelemen, former Minister of Environment, Mr. John Ode, former Governor of Kogi State, Captain Idris Wada, African’s richest man, Aliko Dangote, and Head of Service, Stephen Oronsaye amongst others.
Chief Anenih in reminiscence of the incident told the bewildered congregation that he went to London to undergo eyes surgery before the heart disease came up in the process.
According to him, “There’s nothing God cannot do if you believe in Him sincerely. If 200 Anenihs told you that you won’t achieve your goals and God says otherwise, then the sky is your limit. The only being that would be with you when you are in critical position is God.
“I had a problem with my heart. The major artery that transports blood to the heart got burst. So I was subjected to eight hours of surgery and seven doctors were carefully selected to do that because of their experience.
“Before the operation, the seven doctors told the people that accompanied me that I won’t make it loudly to my hearing. Then I said to myself, if I am not going to make it, then it is better I go to my flat and board any available flight to my home. But on a second thought, I said to myself, God brought me here to remove something in my eyes. But it may be for another reason.
“Then I gave my family that was with some words of encouragement. I assured them that God that brought me here would see me through to the theatre and bring me back alive.
“Then the seven doctors looked at themselves and smile, they took my bed to the theatre and shot the door. When they finished, they were surprised that surgery that took eight hours they removed two arteries from my body. When they connected the new ones to my body, they were shocked that my heart began to function as if there was never a surgery.
“They sent me to intensive care unit where I slept for 22 hours without waking up. The Chief Medical Director was waiting for the bad news of possible death, but I after 22 hours I woke up.
“One of the nurse told the doctor that the man had woken and his response was stop it!. He came to my bed and asked if I am fine and responded yes. I said doctor, I am very fine. He said I have started having pains and I screened no pain!.
“In fact, I asked if he has not done the operation and he said, Chief we have finished the surgery 23 ago. He also told me that the hospital is 150 years old and this is the first miracle God has performed. This happened a year and two months ago.”
On his philanthropic service the church of God, Chief Anenih recalled how he made a vow to contribute N100 million to church building project when the leadership of the church approached him on the issue.
According to him, “I requested to know the cost of finishing the building and they said N200 million and promised to pay half of it. I sent my first instalment of N50 million but unfortunately, the Federal Capital Territory Administration, FCTA, did not approve the building resulting in the delay of the work.
“But when I came to submit my letter to the cardinal telling him about the low key thanksgiving service, the cathedral administrator reminded me about the great help I rendered.
He said that it was two weeks ago that they got the approval they applied for some three years ago and I said thanks for reminding me. Now that I had opportunity to speak, I have told the cathedral administrator that once they start the construction, I will pay the balance of N50 million.”
In his sermon, Bishop Donatus urged the politician to continue to be doing good to the people and in service of the lord because God has not yet finished with him. He told Chief Anenih to continue to give God thanksgiving in the event of the incident of last year.

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