Monday, October 1, 2012

52ND INDEPENDENCE DAY SPEECH BY PRESIDENT GOODLUCK EBELE JONATHAN

An Address by His Excellency, President Goodluck Ebele Jonathan, Gcfr, on the Occasion of the Independence Day Anniversary on Monday, 1stoctober, 2012

1.Beloved countrymen and women, on this day, fifty-two years ago, our founding fathers brought joy and hope to the hearts of our people when they won independence for our great country. Nigeria made a clean break with more than six decades of colonial rule, and emerged as a truly independent nation. That turning point was a new beginning for our nation.

2.Those who witnessed the lowering of the Union Jack and the emergence of the Green White Green flag continue to relish the memory, because that ceremony was not just about the destiny of a nation, but the future of a people.

3.That future is here; we are the inheritors of a great legacy that goes even much farther into the past.

4.The worthy patriots who made this possible were young men and women in their twenties and thirties. They worked together to restore dignity and honour to the Nigerian people. Their resolve united a multicultural and multilingual nation of diverse peoples, with more than 250 distinct languages and ethnic groups.

5.In 1960, our diversity became a source of strength, and the new leaders resolved to carry the flag of independence for the benefit of future generations. They had their differences, but they placed a greater premium on the need to come together to build a new nation.

6.It is that resolve, and that glorious moment that we celebrate today. We also celebrate the patriotism of our heroes past: Dr Nnamdi Azikiwe, Sir Abubakar Tafawa Balewa, Sir Ahmadu Bello, Chief Obafemi Awolowo, Sir Michael Okpara, Chief Anthony Enahoro, Herbert Macaulay, and several others who made the case for our independence.

7.We remember as always, their contributions to the making of the Nigerian nation, and the efforts of their successors since 1960. We also celebrate the unfailing optimism and resilience of Nigerians who remain proud of our national identity.

8.On this special day, I call on every Nigerian to remain steadfast, because our nation is indeed making progress. I call on every Nigerian to rediscover that special spirit that enables us to triumph over every adversity as a people:

9.We weathered the storm of the civil war, we have refused to be broken by sectarian crises; we have remained a strong nation.  I bring to you today, a message of renewed hope and faith in the immense possibilities that lie ahead.

10. Fellow citizens, I have an unshaken belief in the future of our great Country. I consider it a priority and sacred duty to continue to strengthen the bond of unity that holds our nation together and to promote and nourish the creative energies of our people. This is a central objective of our administration’s Transformation Agenda.  Nigeria, I assure you, will continue to grow from strength to strength.

11. Since I assumed office as President of our dear country on the 6th of May 2010, I have continued to work with our countrymen and women to enhance our nation’s growth and development.

12.Our vision is encapsulated in the Transformation Agenda. We are working hard and making progress on many fronts. We have cleaned up our electoral process; our elections are now globally acclaimed to be free and fair. Nigeria is now on a higher pedestal regarding elections.

13.Over the past five years, the global economy has been going through a weak and uncertain recovery. During the same period and particularly in the last two years, the Nigerian economy has done appreciably well despite the global financial crisis. Nigeria’s real Gross Domestic Product (GDP) has grown by 7.1 per cent on average.

14.It is also significant that the GDP growth has been driven largely by the non-oil sector. In pursuance of the main goals of the Transformation Agenda, a number of reforms and initiatives are being pursued in key sectors of the economy with a view to consolidating the gains of the economic growth.

15.Our country’s power supply situation is improving gradually. We are successfully implementing a well-integrated power sector reform programme which includes institutional arrangements to facilitate and strengthen private-sector-led power generation, transmission and distribution.

16.We have also put in place a cost-reflective tariff structure that reduces the cost of power for a majority of electricity consumers. I am pleased with the feedback from across the country, of improvements in power supply.

17.We are continuing to improve and stabilize on our crude production volumes; our 12-month gas supply emergency plan, put in place earlier this year, has produced more than the targeted volumes of gas for power generation. A robust Petroleum Industry Bill (PIB) has been placed before the National Assembly. Its passage into law will ensure far-reaching reforms, transparency, accountability, increased government revenue and predictability for investors in the Oil and Gas sector.

18.Several government programmes and projects are creating wealth and millions of job opportunities for our youth and general population. Such programmes include: You-Win, both for the youth and for the women, Public Works, the Local Content Initiative in the Oil and Gas Sector, and the Agricultural Transformation programme.

19.We have improved on our investment environment; more corporate bodies are investing in the Nigerian economy. Our Investment Climate Reform Programme has helped to attract over N6.8 trillion local and foreign direct investment commitments.

20.Nigeria has become the preferred destination for investment in Africa. It is ranked first in the top 5 host economies for Foreign Direct Investment (FDI) in Africa, accounting for over 20 per cent of total FDI flows into the continent. We have streamlined bureaucratic activities at the ports to ensure greater efficiency in the handling of ports and port-related businesses.  Specifically, we have drastically reduced the goods clearing period in our ports from about six weeks to about one week and under. We have an ultimate target of 48 hours.

21. We have put in place, a new visa policy that makes it easier for legitimate investors to receive long stay visas. We have achieved a 24-hour timeline for registration of new businesses, leading to the registration of close to 7, 000 companies within the second quarter of 2012.

22.The Manufacturers Association of Nigeria (MAN) has disclosed that, as at July 2012, 249 new members across the country had joined the Association, and that capacity utilization has also improved. The multiplier effect of this development on our job creation programme cannot be over-emphasized.

23.In the last two years, we have put in place structures for an upgrade of the country’s health sector, to promote in every respect, the individual citizen’s right to quality, affordable and accessible healthcare.

24.In this regard, we are devoting resources under the Subsidy Reinvestment Program (SURE-P) to reducing malaria incidents, dramatically reducing maternal and child mortality, and eradicating polio.

25.Fellow Nigerians, in recent times, we have witnessed serious security challenges in parts of our country. We have taken pro-active measures to check the menace. This has included constant consultation and collaboration with our neighbours and other friendly nations on issues relating to internal and cross border security, and the sharing of information on smuggling and illegal dealing in small arms and light weapons.

26.Our security agencies are constantly being strengthened and repositioned for greater efficiency. Many Nigerians have acknowledged that there has been a significant decline in the spate of security breaches.

27.While expressing our condolences to the affected families, let me reiterate the commitment of this Administration to ensure the safety of lives and property of all Nigerians.

28.Even as we remain focused on the issue of security, the fight against the scourge of corruption is a top priority of our Administration.  We are fighting corruption in all facets of our economy, and we are succeeding. We have put an end to several decades of endemic corruption associated with fertilizer and tractor procurement and distribution.  We have exposed decades of scam in the management of pensions and fuel subsidy, and ensured that the culprits are being brought to book.

29.In its latest report, Transparency International (TI) noted that Nigeria is the second most improved country in the effort to curb corruption.

30.We will sustain the effort in this direction with an even stronger determination to strengthen the institutions that are statutorily entrusted with the task of ending this scourge.

31.I have given my commitment of non-interference in the work of the relevant agencies and I am keeping my word. What we require is the full cooperation of all tiers of government, and the public, especially civil society and the media.

32.This Administration has also introduced for the first time in Nigeria’s history, a Performance Contract System for all Ministers, and other officials of government. This is to further place emphasis on performance, efficiency, and service delivery.

33.Fellow Nigerians, our determined efforts on several fronts not-withstanding, our country still faces a number of challenges.

34.Those challenges should not deter us. In the last few weeks, for example, many of our communities have been ravaged by floods, resulting in the loss of lives and property, and the displacement of persons.

35.I want to reassure all affected Nigerians that I share in their grief, and our Administration is taking steps to address these incidents, in collaboration with the States and Local Governments.

36.I have received the interim Report of the Presidential team that I set up to assess the flooding situation across the country.

37. The Federal Government has taken measures to assist the affected States, while considering long term measures to check future reoccurrence.

38.We must continue to work together, confidently and faithfully, to ensure that our country’s potentials are realised to the fullest; that our dreams are translated into reality; and that our goals are achieved.

39. Let me reiterate that our administration is committed to the pursuit of fundamental objectives of an open society: the pursuit of freedom, security and prosperity for the Nigerian people, and the rule of law.

40. In the next few days, I shall lay before the National Assembly the 2013 Federal Budget Proposal so that deliberations can commence in earnest on the key policies, programmes and projects that will mark a decisive year for our development and transformation.

41. I have no doubt that by the time I address you on our next independence anniversary, many of our reform efforts would have yielded even better results.

42.Over the years, several leaders have built on the foundation laid by our Founding Fathers. The baton is now in our hands. Let me assure all Nigerians that we shall not fail.

43. I am confident that Nigeria will continue to be a source of pride to its citizens; to Africa and the Black Race and to humanity; a land that is known for progress, freedom, peace and the promotion of human dignity.

44.May God bless the Federal Republic of Nigeria. May God bless you all.

Saturday, September 29, 2012

IYANYA FLAUNTS HIS N12M RANGE ROVER SPORTS

The kukere master, Iyanya just acquired the new 12m Range Rover Sports to definitely flaunt his pocket muscles as a celebrity who has come to stay.  The trend of gadget and toy acquisition of late has been quite alarming, but as fans what we just do is fold our arms, and wish them goodluck, while still praying for our own day to come.

MEN ARE SCARED TO ASK ME OUT - KAREN IGHO

Co-winner of the sixth season of Africa’s biggest reality competition ‘Big Brother Africa’ 2011, Karen Igho has challenged men to approach her, she said she is certainly not a hard knot to crack when it comes to falling in love.

"I'm a woman who desires to be loved and wooed by the opposite sex. Men are supposed to woo me. I’m a woman and I’m very soft. They shouldn’t be scared of asking me out. I want a decent man, and not any kind of man,”the Edo State born entertainer said

Karen expressed disappointment that men are not bracing up the courage to woo her, despite the fact that she is not as difficult as they think.

Declaring however that she’s still “single and ready to mingle”, Karen who only few months ago debuted as a radio personality with the fast rising Lagos indigenous radio station, Naija fm 102.7, set a standard for her dream man.

“He must not only be ‘God-fearing’ and comfortable’ but also, he must be down-to-earth and not necessarily a bachelor,” she declared.

Thursday, September 27, 2012

WOMAN GIVES BIRTH TO HALF-HUMAN, HALF-GOAT IN JIGAWA STATE

A woman supposedly gave birth to what you see below a baby with goat legs and no neck, at the General hospital in Jahun, Jigawa State.

Only God can actually help us in Nigeria... But from the look of What thing, Nigerians what do you think can Cause this??

ZIDANE'S INFAMOUS HEADBUTT STATUE UNVEILEDD IN PARIS

Algerian-born artist Adel Abdessemed has erected a five-metre high bronze statue of Zinedine Zidane’s infamous headbutt during the 2006 World Cup final against Italy. Zidane who headbutte
d the Italian defender, Marco Materazzi in the 110th minute of the final and was awarded a red card which ended his international career and ruined France’s chance of winning the World Cup trophy for the second time. Italy won the trophy on penalty shoot-out.
The statue has been unveiled outside the famous Pompidou art museum and shows the grimace on the Italian defender’s face as Zidane plants his shaven head into his chest. Zinedine Zidane is regarded as France’s greatest footballer of all time having scored two goals against Brazil in the France ’98 World Cup Final which won them the trophy for the first time.

Wednesday, September 26, 2012

GUESS WHO?


Dj Jimmy Jatt, KENNIS MUSIC ALL STARS SET FOR INDEPENDENCE GROOVE

As Nigeria clocks 52, some individuals are rolling out the annual green and white groove and getting ready for the events that will mark Nigeria’s independence come October 1.
According to one of the organizers of the Independence day event,  Kunle Bakare, ‘’It’s the biggest, most exciting party celebrating the most populous Nation’s independence anniversary’
‘There are challenges, but every year, we move forward. This year, we’re celebrating our nation, and the positive-minded citizens who are determined to make Nigeria great, in spite of the many hurdles on the way’.
Already confirmed for the Monday October 1 event are superstar DJs Jimmy JATT and Vinnie, as well as the Kennis Music All Stars.
The event will be hosted by Kenny Ogungbe and Dayo Adeneye, the organizers say, the show draws Nigerians from different field, such as comedy, music, movies entrepreneurs amongst others.

Monday, September 17, 2012

EEDRIS ABDULKAREEM RELEASES OBASANJO-INSPIRED TRACK

Following the brawl which recently took place between ex-President Olusegun Obansanjo and foremost rapper, Eedris Abdulkareem, the rapper has fulfilled his promise to fans by releasing a new track titled Baba.

Baba, according to Idris, was inspired by the war of words between Obasanjo and himself , when the ex-president made a reference to Idris’s Jaga Jaga.

In this new single, the LaKreem/Kennis artiste sums up his opinion on the current state of the country.
It would be recalled that following ex-President Obasanjo’s  statement during a forum organized by  Nigeria Leadership Initiative (NLI) on Tuesday, August 28, 2012, where he said that Abdulkareem’s 2004 hit track,  Jaga jaga, produced by Kennis Music, doesn’t portray Nigeria in a good light, Idris hit Twitter, where he made a reply.
He called OBJ his ‘joy therapy’, also stating that Obasanjo can’t do without him.
“It’s obvious that Obasanjo can’t do without me. I’m his joy therapy. Mr ex-president, Nigeria still dey jagajaga. In fact worst pass jagajaga”, @idris_Abdulkarm tweeted.
He also went ahead to call Obasanjo a Boko Haram member and challenged him to let Goodluck rule in peace.
“President Obasanjo if you truly love Goodluck as you claimed, why don’t you talk to your fellow Boko Haram members to let Goodluck rule in peace”.
As if not enough, Eedris still went ahead, referring to OBJ as a mugu: “Mr ex-president, I heard you were talking about me in your last interview, hahahahahhahah. It’s obvious you can’t do without me. You are my mugu…”.
Following the brawl, Eedris says he is inspired and will be recording a new song titled ‘Obasanjo na my friend’.
“Watch out for my new single, Obasanjo na my friend…Obasanjo, thank you for making me a star. In fact, talk more about me. I’m inspired!!”, he tweeted.

Thursday, September 13, 2012

DAREY SIGNS ZAINA TO SOUL MUZIK


Darey described the upcoming artiste as a talented singer, a performer and a fierce entertainer that wants to make her music fans happy.
The upcoming singer Zaina says she’s ‘here to stay, to play my part and add my voice to what’s going on in my great country’.
Zaina has in the past worked with Eldee, STYL Plus, Sasha, Lynxxx and received nods from the popular Nigerian Entertainment Awards.

OBASANJO IS A GOOD FARMER BUT A BAD ECONOMIST – SANUSI

The governor of the Central Bank of Nigeria (CBN), Sanusi Lamido on Tuesday reacted to a statement credited to a former President, Olusegun Obasanjo, who said that the planned introduction of the N5000 note will increase inflation in the country.



However, speaking at the sixth annual conference of the Chartered Institute of Bankers of Nigeria, Mr Sanusi said Mr Obasanjo had introduced more high denomination in Nigeria than any other Head of State.
“General Obasanjo did N20; he did N100, N200, N500 and N1000. He has introduced more higher denomination than any Head of States,” Mr Sanusi said.
The CBN governor said that during the period Mr Obasanjo was introducing high denomination inflation in Nigeria was actually low.
“General Obasanjo did N100 in 1999; then he did N200 in 2000; he did N500 I think two years later; and did N1000. In that period, inflation was coming down because it was accompanied by very tight monetary and fiscal policies during his reforms.
“For somebody who have gone through that to come and stand up and say ‘introducing a higher denomination causes inflation’ I don’t know if somebody wrote his speech. I’m trying to see him or if he was misquoted.
“If he actually said that then he must be the single most important determinant of inflation in our history given the number of notes that he introduced,” he said
Mr Sanusi said printing higher denomination without increasing the money supply in the economy will not increase inflation. “This is simple economics,” he said.



culled from: channelstv


Tuesday, September 11, 2012

Saturday, September 8, 2012

COSSY ORJIAKOR - I'M A BORN AGAIN ANGLICAN

Many people who have misconception about this controversial actress will not believe that she is a good Christian.

Though, some wonder how she attends church services without creating commotion with her mammals gland. Anyway, the tinny voice actress has disclosed that she prays to God as a christian and she attends church like a normal human being.

"Prayer is a personal thing with God. I tell God what is on my mind. All have sinned and have come short of the glory of God. I go to church you know; I am a born again Anglican." She said.

But as controversial as she is, she has suffered a lot of misconceptions from people mostly her colleagues, most of these are what she is aware of.



Her comment about that is simply that, "I have bad press publicity about the kind of clothes I wear and all that. There was a time I attended this old school party and I dressed the old school way. The press then wrote that this is how Cossy Orjiakor is, she is looking ugly, and maybe she was on cocaine and all that. How could I go to an old school party looking new school? That day, I even had nice Brazillian weave-on on and I had to weave it any how so that I will look old school. I think they just like talking about me." She told us.

MAY D TO SUE PSQUARE TO COURT OVER BREACH OF CONTRACT

May D, the up and coming hip hop artiste who was sacked from Square Records owned by Psquare may soon seek redress in a court of law.


Close friends of May D told us that May D was not informed about the termination of his contract, rather, he read the news like every other person on entertainment blogs and newspapers.

The latest news is that May D is putting arrangement together so he can drag Psquare to court.
 
Quote:
 
A punch newspaper reporter said the singer is already talking to his lawyers. As soon as that is done, an official statement would be made available to the media depending on the advice of his legal team.

Friday, September 7, 2012

GUNMEN INVADE NYSC LODGE IN TARABA STATE

GUNMEN, yesterday,in Jalingo, Taraba State, attacked members of National Youth Service Corps, NYSC, at the Family House of the Redeemed Christian Corps Fellowship, RCCF, behind Federal Government Girls College, FGGC, dispossessing them of money and other valuables.
It was gathered that the bandits held the corp members hostage for several hours after robbing them. The gunmen were said to have gained entrance into the lodge from a toilet in the female wing of the building, carting away three laptops, 24 mobile phones and an undisclosed amount of money.
Feeding allowance gone
One of the victims, who spoke on condition of anonymity, said: “We were about 20 corps members in the lodge when it happened. All our phones were taken away.
“Some of us had more than one phones. Our monthly feeding allowance, which we contributed, was also taken away by the evil men.”
Another said: “We were sleeping when some men came in holding all sorts of dangerous weapons. We never resisted them. We obeyed their orders because we were shocked by fear.
‘They threaten to behead us’
“They asked us of our state of origin and religion, threatening to behead us if we misbehave.”
Confirming the attack, RCCF President, Banji Omogbehin, said: “The motive of the attack was unknown because the bandits asked us our state of origin, threatened to rape our ladies and behead us.”
Officials of NYSC, who visited the corps members, said the issue would be seriously dealt with, as the scheme would not tolerate such act on its serving corps members.
Police report
However, Police spokesperson, Amos Olaoye, said it was a case of burglary and stealing.
He said: “I can confirm the attack, but it is not robbery. We have not made any arrest yet but the police are investigating.”

4 IGBINEDION LECTURERS DIE IN AUTO CRASH

BENIN—TRAGEDY struck, Wednesday night, at the notorious Ovia River, on Benin-Shagamu expressway, when four lecturers of Igbinedion University, Okada, lost their lives as their car plunged into the river on their way to Benin City, Edo State.
The lecturers who lost their lives are Mr. Morgan Uwogiren, Lucky Ehiorobo, Mrs. Shirley Iwede of the University’s Department of Business Administration and Ms Shola Ajayi of Department of Banking and Finance.
Federal Road Safety Commission, FRSC, officials, who were still battling to recover the bodies, said that the corpses of the two women were still missing while those of the two men had since been deposited at the University of the Benin Teaching Hospital, UBTH, mortuary.
Mr. Amin Adewale of FRSC, explained that the accident occurred when the car, a Volkswagen Audi station wagon 80, crashed into the river near Ekiadolor, while trying to avoid an on-coming trailer.
It was gathered that the lorry was coming from the Benin end of the road and while trying to avoid a failed portion of the road, drove into the other lane, where the car conveying the lecturers was coming from. While trying to avoid a head-on collision, the Audi crashed into the river.
Igbinedion University’s Public Relations Officer, Mr. Emeka Okika, who  confirmed the incident said he was yet to be fully briefed on the circumstances surrounding the accident.
Vanguard gathered that one of the victims, Ms Shola Ajayi, of the Department of Banking and Finance, whose corpse was yet to be recovered at press time, was on her way back from Okada, where she had gone to submit her resignation letter to the university, having gotten another job with a government establishment.
Some of the students who spoke to Vanguard on the condition of anonymity, expressed shock over the incident, lamenting that the sad incident occurred when both students and staff of the university were celebrating the birthday of the Chancellor of the University.






MAN MACHETES WIFE TO DEATH IN ENUGU

A man who was identified by the police as Sunday Eze (Jnr) has reportedly matcheted his wife to death at the University town of Nsukka in Enugu State. Eze, alleged to be a native of Agbani Nguru in Nsukka Local Government was said to have killed his wife following a slight misunderstanding he had with her.
Vanguard sources said at Nsukka that the suspect allegedly killed his wife lon Tuesday night in the presence of their only child Onyebuchi Eze, 11. The suspect was alleged to have rebuffed pleas by  the child not to kill his mother.
The kid who received a deep cut in his hand in attempt to prevent his father from killing his mother is a form five pupil of a primary school in the area.
The suspect was however said to have had a mental problem before the incident. It was alleged that the suspect had threatened to kill his wife each time they had any disagreement.
Police sources quoted the 11 year old boy as stating that his parents had quarrels that night before  his father used his matchet and killed his ‘’mummy,’’ adding, ‘’I rushed him and pleaded but he did not listen to me. He stabbed my mother severally both on the head and legs and on seeing that mummy is dead, he asked me to go to his elder brother’s residence, and tell them what has happened while he also moved to the nearby neighbours to inform them.’’
According to the police sources, Onyebuchi complied as directed by his father only for the assailant to escape into the bush for three days before he was caught by a search party in the community.
The search party  headed by one Christopher Ejike Onah alias Papa Nsukka, was said to have apprehended the suspect after ransacking all the nearby bushes and villages.
He was said to have attempted to kill himself with a screw driver which gave him a very deep cut in the throat.before he was arrested on the third night, looking frail and haggard.
The suspect told Vanguard that his late wife was responsible for his mental problem even as he further claimed that she died during a scuffle with him on the fateful night.
“I was told by my diviner that my wife has a hand in my mental problem which causes me internal heat at intervals,’’ the suspect further told Vanguard.


culled from: vanguardngr.com

GUNMEN KILL 4, INCLUDING 2 STUDENTS IN MUBI

Mubi (Adamawa)  The Adamawa Police Command has confirmed the death of four people, including two students, from gun shots in Mubi town.
Confirming the development the command’s Public Relations Officer, DSP Mohammed Ibrahim, said the incident took place on Wednesday night during attacks on telecommunication masts in the town.
Ibrahim said that among the four people killed during the attack by gunmen on Globacom facilities were two students, one from Adamawa State University and the other from the Federal Polytechnic, Mubi.
Ibrahim said the identity of the remaining two had yet to be ascertained.
Confirming the death of one of its students from gun shot, the Head of Protocol and Publicity in the University, Mallam Ahmad Sajoh, said the deceased met his death around the Low Cost Housing area, were he was hit by bullet.
He said the late student was an indigene of the state, from Madagali local government area was a final year student of the Department of Economics.”
“He just defended his project yesterday”, Sajoh said (NAN)



culled from: vanguardngr.com












FG, NATIONAL ASSEMBLY POISE FOR WAR OVER N5,000 NOTE, DANA AIR



As the controversy over the implementation of the 2012 budget rages between the National Assembly and the Presidency, strong indications emerged yesterday, that the two arms might clash again over the nod given by the Executive to the Central Bank of Nigeria, CBN, to introduce N5,000 note.
The lawmakers, it was learnt, are irked that the Presidency consented to the controversial decision, which has been roundly condemned by well-meaning Nigerians without seeking their approval.

Similarly, Vanguard gathered that the lawmakers were also spoiling for war with the Executive over the surreptitious approval given Dana Air to resume flight operations barely three months after its aircraft killed 153 Nigerians.
Dana Air crashed on its way from Abuja to Lagos, killing all the 153 passengers on board on June 3, 2012 and the report of investigations into the cause of the fatal crash is yet to be made public.
The two Aviation committees of the National Assembly working on the incident were yet to turn in their reports, when the Federal Government ordered Dana back to the skies on Wednesday.
A top-ranking lawmaker told Vanguard yesterday that the legislators were angry that the Presidency went ahead to grant approval to the CBN to proceed with the introduction of the controversial bank note without inputs from them.
The lawmaker pointed out that they were surprised by the two decisions taken by the executive arm of government at a time they were trying to resolve the imbroglio over the implementation of the 2012 budget.
According to the source, the two issues for which the Presidency had given approval without seeking the opinion of the National Assembly were issues that had far-reaching implications on Nigerians and should not have been done without their involvement as  representatives of the people.
The source said, “You can see the levity with which this government treats the National Assembly members, who were elected to make laws for the good of this nation. What do they take us for?.
Continuing, the source noted, “We will certainly take up these issues once we resume because we have not given any approval for the government to embark on any of them. These are issues that border on people’s lives and we cannot just keep silent over them.
“Nigerians should be rest assured that we will always work for their own interest and whatever we decide will be in the interest of the people.”
The lawmaker pointed out that the Minister of Aviation, Stella Oduah, committed a blunder by asking Dana to resume when the reports of the two committees of the National Assembly had not yet been made public to ascertain what caused Dana flight crash on June 3.
It was learnt that the National Assembly had also shifted its planned resumption by a week.
Before it proceeded on vacation, the lawmakers had stated that they would resume on September 19 but a source said yesterday they would resume on September 25.
The lawmakers had given President Goodluck Jonathan up to the end of this month to implement the budget by 100 percent or face impeachment, a development that generated  tension in the country.
However following intense rapprochement by eminent Nigerians and consultations between the Presidency and the lawmakers, there were hopes that the threat had been laid to rest.


Thursday, September 6, 2012

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I WOULD PRINT N10, 000 NOTES IF I WAS IN CHARGE – Peterside Atedo


The Chairman of Stanbic IBTC Bank and a member of the Economic Management Team, Peterside Atedo on Tuesday said that he supports the move by the Central Bank of Nigeria (CBN) to introduce the N5000 note in the country.
Speaking to journalists after this week’s Economic Management Team’s meeting presided over by President Goodluck Jonathan in Abuja, Mr Peterside said “Last year Nigeria spent N47 billion printing these small notes.”
The renowned banker said if the country was printing bigger notes “you will print a fewer number of the notes and you will make a phenomenal saving.
“If I was the one in charge, I will print N10, 000 notes,” he declared.
Reacting to questions on the relationship between inflation and printing of higher denominations, Mr Peterside said printing higher currency does not result in inflation.
“There is no inflationary impact,”” he said. He describes as “Voodoo economics” the argument by some critics that the introduction of the proposed N5000 note will result in inflation in the Nigerian economy.
Meanwhile, Business mogul and another member of the Economic Management Team, Aliko Dangote said “the introduction of the N5000 really has nothing to do with inflation as people have been saying.”
He said the CBN has explained and convinced the Federal government on the need to print the N5000 notes.
“Actually it is just to protect the currency. It is not going to cause any inflation. The cost of printing the N5000 is not different from that of printing the other currencies.

culled from: channels news

Wednesday, September 5, 2012

GUNMEN KILL EKITI STATE UNIVERSITY LECTURER IN BORNO

A lecturer at the Faculty of Law, Ekiti State University, Ado-Ekiti, Mr. Mohammed Sani, has been killed in Maiduguri by some persons yet to be identified.
Our correspondent learnt that Sani was killed at his residence on Monday.
The late lecturer was said to have travelled to the Law School campus in Abuja and was said to have decided to visit Borno State, his state of origin, when he was attacked and killed.
The lecturer was said to be pursuing his PhD programme and was almost completing it when the sad incident happened.
The circumstances surrounding his killing were still sketchy as at press time. Some of the students of the university claimed that Sani was killed by the Boko Haram sect but the group had not claimed responsibility for the killing.
Sani, who was said to have been posted to Ekiti State for the compulsory one year service by the National Youth Service Corps, was said to have spent more than a decade in the state.
He was a Senior Lecturer at the Faculty of Law until he was killed.
He was a former Financial Secretary of the Academic Staff Union of Universities at EKSU, formerly known as UNAD.
The Deputy Registrar, Information, Mr. Olubunmi Ajibade, confirmed the killing to our correspondent on the telephone on Tuesday.
EKSU was thrown into mourning on Tuesday as the news of the gruesome killing of the lecturer filtered in.
Ajibade said, “This development has thrown the university community into mourning; we are all mourning him. Sani was a very good person. He was one of the persons we used to showcase that our university is open to all in term of employment. We have Hausa and Ibo working here and everybody is welcomed, provided you are qualified. We will sorely miss him.”
He said the Vice Chancellor. Prof. Oladipupo Aina, led other officials of the university to the residence of the deceased in Ado-Ekiti to commiserate with his family.
Also, a former Chairman of Academic Staff Union of Universities, Ilorin Zone, Prof. Eddy Olanipekun, described the late lecturer as a pleasant gentle man.

culled from Punchng.com

N5000: NLC THREATENS TO DEMAND WAGE INCREASE

The Nigeria Labour Congress (NLC), has threatened to demand for an increase in wages for workers if the federal government insists on introducing the 5,000 denomination note into the nation’s currency.
President of the congress, Abdulwaheed Omar, who issued the warning in Abuja, said labour will be left with no choice than to ask for higher wages, because the higher denomination will negatively affect the purchasing power of ordinary workers.
According to him, introducing the proposed  N5,000 note will ultimately result in currency devaluation, leading to inflation and more hardship for Nigerians.

Tuesday, September 4, 2012

WIZKID BAGS TWO AWARDS IN NEW YORK

EME’s Ayo Balogun popularly known as Wizkid on Monday took home two plaques at the Nigerian Entertainment Awards (NEA), which was held in New York.

 The singer beats off competition from other nominees, to walk away with the awards for Artist of the Year and Best Album of the Year.
The event was anchored by AY and Funke Akindele.
The Nigerian Entertainment Awards (NEA) Night 2012 started on Friday the 31th of August and ended Sunday the 2nd of Sept 2012.
Below  is the full list of winners:
Best Album of the Year Superstar – Wizkid
Best picture – Phone Swap (category)
Best tv Show – BBA (category)
Hottest single of the year – Dami Duro- Davido
Best new act of the year -Davido
Gospel artist/group of the year -Tim Godfrey
Best pop/r&b artist of the year -Wizkid
Best rap act of the year -Vector
Music producer of the year -Don Jazzy
Best international artist -Tinie Tempah
Best music video of the year- Nawti- Olu Maintain
Most promising act to watch – Eva
Pan African artist or group of the year – Vivian Ndour
Best US based artist of the year – Awon Boyz
Best indigenous artist/group -Flavour
Best actor (film) -Wale Ojo (Phone Swap)
Best actress (film)- Funke Akindele (Troj)
Best film director – Kunle Afolayan (phone swap)
Best picture – Phone Swap (category)
Best tv show – BBA category
Pan African actor – Majid Michel (Somewhere in Africa)
Pan African actress -Yvonne Okoro (Single Six)
World DJ– Jimmy Jatt (Nigeria)
Best comedian – Ali baba
Best entertainment personality – Uti Nwachukwu
Entertainment promoter) – Flytime
Media personality -Toolz (Beat FM 99.9 Lagos)
Best collabo of the year- Sauce Kid ft Davido (Carolina)
Entertainment executive – Eldee the Don