Friday, 23 September 2016

Man stripped unclad for snatching woman’s bag in Abuja (Photos)

A man identified only as Daniel, was yesterday beaten to stupor and stripped Unclad by angry mob in the Gwagwalada area of Abuja for snatching a handbag belonging to an unidentified woman.

Breaking: Rachael, wife of Bayelsa Gov Dickson gives birth to quadruplets!!!



Governor Henry Seriake Dickson and family may have to continue in celebration as after many years of childlessness, his wife and First Lady of Bayelsa State, Dr. Rachael Dickson delivered of a quadruplet – a bouncing baby boy and three baby girls. It is gathered that the mother and children are doing very well.

Gov. Rochas Okorocha rewards Imo indigenes who won gold at just concluded Rio 2016 Paralympics (Photos)

Imo State Governor, Rochas Okorocha has rewarded 3 Imolites who won gold medals in the Rio 2016 Paralympic 
Commissioner for Public Safety, Youth and Sports, Rodney Ajaelu, yesterday, Sept. 22, presented the paralympics gold medalists, Roland Ezurike, Nwosu Ndidi and Orji Josephine Precious to the Governor who honoured them with a brand new car and one million Naira each.

Handsome throwback photos of Pastor Williams Kumuyi

Pastor W.F Kumuyi was born into a Christian family in Erin-Ijesha, Osun State, Nigeria. He completed his secondary school education in 1961, and in 1962 started teaching mathematics at Mayflower School in Ikenne, Ogun-State, from where he proceeded to the University of Ibadan and in 1967 graduated with a first-class honours degree in mathematics. He became a born-again Christian in April 1964.

Man finds motionless girl on the road who was reportedly dropped off by a jeep (Photos)


A girl  was found motionless at Allen behind Alade Market yesterday. According to Facebook user Hon Gabriel who shared the story, he had to call 767 and waited 2 hrs for the Lagos state Emergency service to come to her aid.


See more photos below...

Value your bae with valuable names...lol










 Seriously guys value your bae,,,,, lol

Youths in Port Harcourt stage protest asking EFCC to leave Patience Jonathan alone (Photos)


Youths in Port Harcourt, Rivers state are currently staging a protest calling on EFCC to leave Patience Jonathan alone. The group is making the demand following the ongoing investigation into $15 million found in the former first lady's account.
More photos of the protest below;

Nse Ikpe-Etim gushes over her hubby's shirtless photo

Nollywood actress Nse Ikpe Etim will get into trouble when her husband sees that his wife has been showing off his 6 packs.

The 41-year-old, Akwa Ibom star, says she is missing her hubby as she shared shirtless photo of him while gushing about his buff body, captioning the pics;

"I really shouldn't be nominated for any award this year"- Davido admits

This year has been the slowest year ever for Davido since he began making waves in the music scene, and while some fans feel he ought to have being nominated for awards by various music organisations, even Davido himself admits he doesn't deserve any nomination.

"Those calling for sale of National assets are economic predators and parasites" - Sen. Shehu Sani


Senator Shehu Sani has described those calling for the sale of some of Nigeria's national assets such as NLNG as economic parasites and predators who want to gain from the current economic recession. On his social media handle, Sen. Sani wrote;

Finally!!! University Of Ibadan ranks 978 in Top World Universities Ranking for the first time.

University of Ibadan has secured a spot in the top 978 ranked universities in the world. In the ranking ranking released by the Times Higher Education, Nigeria’s premier university was ranked 801 on the list.

Some candidates forgets Expo in thier Answer's Booklets – WAEC

In a hurry to submit their answer booklets to invigilators, some candidates forget their expo (materials used for examination malpractice) in the booklets, the West African Examination Council has said.

How Lagos beggars deceive innocent persons and get alms from them


Many beggars on Lagos streets feign illness to deceive innocent persons and get alms from them, the Chairman of the Lagos State Taskforce SP Olayinka Egbeyemi, said on Thursday.

E Money celebrate son as he turns 3 today.


Five Star Music CEO, E Money is celebrating his son Chukwuebuka, who turned 3 years old today. Sharing photos of the boy, the proud dad wrote:

Naira depreciates further to N436/dollar

The Naira on Thursday crashed further against the major currencies in all the segments of the market, the News Agency of Nigeria reports. At the interbank market, the naira fell by 2.99 points to close at N313.07 from N310.08 recorded on Wednesday.

Nigerian entertainer who fell victim to extreme police brutality narrates his harrowing ordeal (Photos)


An entertainer, Juicyboymaido narrates this disheartening story of how he was brutalized by Nigerian Police along Lagos-Ibadan express way. He was allegedly beaten black and blue for not allowing the policemen snoop through his phone.

Yoruba Actress Tayo Sobola flaunts her new pink Iphone7

Despite the huge cost of the phone, Nigerians have already started showing off their new gadgets on social media. Days after Apple officially kicked off the sale of their new phone, iPhone 7. Two Nigerian movie stars have copped theirs.

Major tragedy averted as truck runs into bus and building in Anambra State (Photo)

A major tragedy was averted yesterday, September 22, after a  tipper truck loaded with sand rammed into a bus and a building in Awka, Anambra State.
According to witness of the whole scene who spoke to ABS, the driver of the truck had issues with the steering wheel, swerved and slammed into a bus packed outside a compound before crashing into the wall of the building.

Ver Funny!!! Man packs his things, says he's leaving this country because of the current country's condition


            Very funny but seriously does it not make sense....hmmmm
            lol

Oyo Assembly proceeds to take over LAUTECH

The Oyo State House of Assembly has summoned the state Ministry of Justice and its education counterpart to appear on September 27 over ownership status of Ladoke Akintola University of Technology, Ogbomoso.

Nigerians funny reactions to a throwback photo of Atiku Abubakar with two ladies

Online users were surprised after former vice president Atiku Abubakar shared this throwback picture of himself with two ladies. The APC leader shared the photo in a bid to celebrate Nigerian music legend, King Sunny Ade who turned a year older today.

The 25-years-old young lady appionted LGA chairperson in Kebbi State assumes office

25 year old lady has been appointed as a care-taker chair-person of Arugungu local government of Kebbi state. The young lady was appointed after the tenure of the past caretaker management had come to an end.

Governors pass Vote Of Confidence on Adeosun and Udoma

Nigerian governors today passed a vote of confidence on the minister of Budget and National Planning, Senator Udoma Udo Udoma and his finance counterpart, Mrs. Kemi Adeosun, saying they were not responsible for plunging the country into recession.

Selling off national asset is "Illegal And Unconstitutional" - Falana

Nigeria foremost human rights lawyer, Femi Falana has described the call for the sale of National assets as illegal and against the constitution of the Federal Republic of Nigeria.

Doctor removes Herdsman’s kidney in Adamawa thinking it's tumour

The governor of Adamawa State, Gov. Muhammadu Bindow has personally intervened in a situation involving a doctor in a private clinic in Yola who conducted a surgery on Hamman, a 23-year-old herdsman from Fufore Local Government Area in Adamawa state where he removed his kidney after mistaking it for tumour.

Thursday, 22 September 2016

Recession: Osinbajo, Governors in crucial meeting

Vice President Yemi Osinbajo on Thursday held an emergency National Economic Council (NEC) meeting with state governors and other council members in Abuja.

The meeting started at the Council Chamber of the State House around 11:10 am

Police and Shiite protesters clash in Abuja (Photos)

Security forces dispersed hundreds of Shiite protesters who gathered themselves in the early hours of today demanding for the release of their leader, Sheikh Ibrahim El-Zakzaky in Abuja.

Sexually starved Kenyan man ejaculates on a lady's body In A Bus (Video&Photo)

A sexually thirsty man caused drama in a Kenyan luxurious bus popularly known as a "Matatu" there in kenya, after grinding his manhood on a woman’s big behind and messed up her dress.

King Sunny Ade turns 70 Today....Long Live The King

"King" Sunny Adé (born Sunday Adeniyi, 22 September 1946) is a Nigerian musician, singer-songwriter, multi-instrumentalist, and a pioneer of modern world music. He has been classed as one of the most influential musicians of all time.

"We will ensure Nigeria never depend on oil again" - President Buhari

President Muhammadu Buhari speaking at the U.S.-Africa business forum, said that his administration would ensure that “Nigeria does not slip back into a lazy and dangerous dependence on the price of crude oil” again.

"iStandWithDogara": House of Reps Members supports Dogara (Photo)

Some House of Rep members came out in the chamber to let known their support for the Speaker, Dogara with an attire labelled iStandWithDogara around their neck.

Man kills his wife and buries her unclad body in a coal field (Graphic photo)

A young man has been declared wanted by the police in Ivory Coast for killing his pregnant wife and burying her body in a coal field at Agboville, Ivory Coast. The young man identified as Tetchi Wyllifred has one child with the deceased.

EFCC freezes Former President's Wife, Patience Jonathan's Personal Account

The Economic and Financial Crimes Commission has frozen Patience Jonathan’s personal account, with the title ‘Patience Ibifaka Jonathan’, which resides in Skye Bank Plc.

Buhari Addresses US Africa Business Forum In New York (Photos)

The President of Nigeria, Muhammadu Buhari was present at the African Business Forum which took place in New York at the United State America on the 21st of September, 2016.

Davido's "Skelewu" Featured In “Queen Of Katwe”, Walt Disney's Movie As Sound Track



Moments after Sony Music approves his EP: Son of Mercy, the O.B.O. star seem to be doing the whole of African Music Industry proud when he tweeted about his song being featured in a Walt Disney movie.

Wednesday, 21 September 2016

Nigeria born International rapper, Wale celebrate his birthday today.




Olubowale Victor Akintimehin (born September 21, 1984), better known by his stage name Wale is an American rapper from Washington, DC. He rose to prominence in 2006, when his song "Dig Dug (Shake It)" became popular in his hometown.

Young Student's Leg Crushed In Lagos On His Way To School (Graphic Photos)

This young boy who was on his way to school this morning got rob of his leg while..... only God knows. Please your heartfelt prayer for him.


We Must Fight Corruption For Its Damage On Nigeria Economy - VP Yemi Osinbajo

 Image result for yemi osinbajo 


As released from the office of the Vice President of Nigeria.

OFFICE OF THE VICE PRESIDENT

PRESS RELEASE

WE MUST FIGHT CORRUPTION FOR ITS DAMAGE ON NIGERIA ECONOMY - VP

It is important that Nigerians insist that the problem of corruption must be dealt with considering the extent of the damage it has caused the country's economy.

Vice President Yemi Osinbajo, SAN, made the assertion today while receiving a delegation of the University of Lagos Alumni Association that paid him a courtesy call at the Presidential Villa.

"We've watched corruption fighting back, some people even said bring back corruption, but not the man on the street," according to Prof. Osinbajo who added that the nation has witnessed excessive corruption.

Said he : "No economy can tolerate the level of corruption seen in Nigeria without consequences. Look at the Northeast, while a war is going, Nigerian lives being lost, some local governments had been taken over, and yet people cannot account for $15B meant for security equipment purchases."

"The corruption has been so much. Look at the sheer amount of money stolen and decisions taken that fuels corruption, decisions taken just with the sole aim of cornering national resources," the Vice President lamented.

While explaining the Buhari administration's approach to the fight against corruption, the Vice President noted that "we are not sitting down focussing on it, all we do is to empower the relevant agencies EFCC and co to do their jobs. Our main focus is the national economy."

Continuing he said "what catches our attention is the kind of discoveries we get and hear of daily." But he observed that Nigeria is still blessed with honest people, adding that as a nation it is important to pay serious attention to issues of integrity.

According to him, regarding the current government, "I can say is one that is completely focussed on dealing with issues that concerns this country. I work everyday with the President so I can say so. He is totally focussed on how to make this country a better place to live."

The UNILAG Alumni Association was led by Dr. Sunny Kuku who noted the group's support for the Buhari administration, expressing readiness to assist in any way necessary. He said the members of the Alumni Association were proud that one of them rose to the high office of the Vice President. Prof. Osinbajo said he was glad to receive the group in his office and grateful to be honored with the Distinguished Alumni Award.

Laolu Akande
Senior Special Assistant-Media & Publicity
In the Office of the Vice President
Sept 20, 2016

FG, States, LGs Share N510bn As Revenues Ramp Up For August

Image result for recession in nigeria 


The three Tiers of government in Nigeria which include the Federal, States and Local Governments yesterday shared a total of N510,270 billion for the month of August as revenues ramped up on account of collections from duties as well as Value Added Tax (VAT).

The Finance Minister,Kemi Adeosun yesterday while announcing the distribution at the monthly Federation Account Allocation Committee (FAAC) meeting in Abuja said that the amount when compared to the N493.82bn shared in the month of July represents an increase of N16.4bn.

The gross statutory revenue for the month under review was disclosed as N315,045 billion which was higher than the N287,819 billion received in the previous month (July) by N27.226 billion.

According to the Finance minister, from the Net Statutory Allocation shared, the Federal Government received N149.310 billion, state governments received N75.732 billion, Local governments received N58.386 billion while the oil producing states received N20.293 billion as 13 per cent derivation.

Crude oil export volume also increased by 2.2 million barrels in May, 2016 despite the brief Force Majeure declared at Qua Iboe and Bonny Terminals and a subsisting Force majeure at Forcados Terminal.

According to the communique issued at the end of the FAAC meeting, “there was $109.40 million revenue increase in Federation Export Sales as a result of the increase in average price of Crude Oil from $42.21 in April to $46.06 per barrel in May, 2016.

“A rise in the volume of dutiable imports contributed significantly to the increases recorded by Import Duty and VAT. Increase in Petroleum Profit Tax (PPT) collections was attributed to receipts from NPDC and Joint Venture Operators.”

The communique further revealed that the sum of N6.330 billion was refunded by NNPC to FG while a total of N84.263 billion was declared as Excess gain.

The Minister also announced that the balance of the excess crude account, currently stands at $2.91bn. During the interactive session with Journalists, she hinted that majority of the states owing salaries have started paying up and that FG is satisfied about the result they are getting lately and  how they being able to begin to fulfill their obligations to the people.

FG To Sell 6 Of Its Famous Assests To Tackle Recession. SEE THEM HERE.

Image result for recession in nigeria

A report by News Telegraph suggests the federal government of Nigeria has concluded plans to sell the nation’s critical assets in order to raise $15 billion to rescue the country out of economic recession.

Sen. Udo Udoma:
The report quoted the minister of budget and national planning, Senator Udoma Udo Udoma, confirming the plan at a cabinet retreat hosted at the presidential villa, Abuja.

The federal government has been under pressure for a while to sell of some its assets to raise money to tackle Nigeria’s financial crisis.

Alhaji Dangote:
Three days ago, Africa’s richest man, Alhaji Aliko Dangote, joined the calls as he advised the government to embark on a wave of asset selling to boost Nigeria’s recession-hit economy.
          Godwin Emefiele:
          The Central Bank Governor also lend his voice to the arising issue.
His words: “In the short run, we can sell assets. Before the government came on board, I had opined that there was need for the government to scale down or sell off some of its investments in oil and gas, particularly in the NNPC and NLNG as at that time when the price of oil was around $50-$55 per barrel.

“We actually commissioned some consultants that conducted the study and, at the end of that study, we were told that if we sold 10% to 15% of our holding in the oil and gas sector, we could realise up to $40 billion.”

Sen. Bukola Saraki:
Yesterday, September 20, Senate president Bukola Saraki, at the resumption of the red chamber’s plenary, urged President Muhammadu Buhari to sell some important national assets as a means of boosting the nation's dwindling foreign reserves. Senate President Bukola urged President Buhari to go ahead and sell the assets

His words: “The executive must raise capital from asset sales and other sources to shore up foreign reserves. This will calm investors, discourage currency speculation and stabilise the economy.

“The measures should include part sale of NLNG Holdings; reduction of government’s share in upstream oil joint venture operations; sale of government stake in financial institutions e.g. Africa Finance Corporation; and the privatization and concession of major/regional airports and refineries.”
These are some of the asset considered to be up for sale according to NAIJ.com

Read below:
  • 1. Government shares in Joint Venture Companies (JVCs)
  • 2. Government shares in Nigeria Liquefied Natural Gas (NLNG)
  • 3. Some aircraft in the presidential fleet
  • 4. Kaduna refinery
  • 5. Warri refinery
  • 6. Port Harcourt refinery

Monday, 19 September 2016

Photos: Pres. Buhari arrives New York ahead of the 71st session of the UN General Assembly


President Buhari has arrived New York for the 71st United Nations General Assembly, holding from September 19th to 23rd. He will deliver Nigeria’s statement at the opening of the General Debate of the Assembly, on the theme: The Sustainable Development Goals: a Universal Push to Transform our World” and also attend a high-level summit, hosted by the UN, on `Large Movements of Refugees and Migrants’’.



Buhari is pictured on arrival with Governors of Lagos and Zamfara state, Akinwunmi Ambode and Abubakar Yari. More photos as you continue.

Recession: Investment Inflow Shrinks By N642bn Under Buhari

The Nigerian economy recorded a total decline of $2.1bn in investment inflow in the first 12 months of the administration of President Muhammadu Buhari.

The $2.1bn, when converted based on the N305.5 per dollar official exchange rate of the Central Bank of Nigeria, translates to about N642bn.

Investigations by our correspondent showed that since July 2015, the country had been experiencing persistent decline in the value of direct and portfolio investments.

An analysis of the capital importation report obtained by our correspondent from the National Bureau of Statistics revealed that the country attracted a total investment inflow of $2.75bn in the third quarter of 2015.

However, owing to the harsh operating environment coupled with exchange rate uncertainties, the inflow had declined by $2.1bn to $647.1m at the end of June this year.

The report stated that all the three major components of investment such as Foreign Direct Investment, portfolio investment and other investments recorded huge declines in the one-year period.

In terms of FDI inflow, an analysis of the report showed that the economy attracted the sum of $717.72m as of the third quarter of 2015.

The inflow, according to the report, dropped to $133.02m at the end of the second quarter of this year.

For portfolio investment, which is made up of equity, bonds and money market instruments, the report stated that the sum of $1.09bn was invested in the third quarter of last year.

The $1.09bn investment, it added, dropped by $673.68m to $245.32m at the end of June this year.

For other investments made up of trade credits, loans, currency deposits and other claims, the report stated that the sum of $1.02bn was invested in the economy as of the third quarter of last year as against $268.77m in June this year.

The NBS attributed the decline in investment to the harsh economic climate, stating that the investment attracted within the first six months of this year was the lowest in Nigeria’s history.

It said, “The continuing decline in the value of capital imported into the economy is symptomatic of the difficult period that the Nigerian economy is going through.

“The second quarter saw the economy enter into the first recession during the rebased period, according to the technical definition of two consecutive periods of decline.

“This may suggest less profitable opportunities for investment. In addition, in the second quarter, there was considerable uncertainty surrounding future exchange rate policy, which may have deterred investors.”

Commenting on the drop in investment inflows into the country, financial analysts said the current fiscal and monetary policies of the government were not friendly to investors.

The President, Abuja Chamber of Commerce and Industry, Mr. Tony Ejinkeonye, told our correspondent that a lot of investors were unwilling to bring in their funds due to the tough economic environment in the country.

He said the tough operating environment had led to the closure of so many companies in Nigeria, adding that there was a need for the government to address the structural challenges, which had made the operating environment hostile.

He listed some of the areas that were scaring away investors to include uncertainty in the foreign exchange market, hostile business climate, infrastructure deficit and the absence of adequate incentives to attract investors into key sectors of the economy.

Ejinkeonye told our correspondent that what the country needed currently was for the government to implement a well-articulated industrial plan.

This, according to him, is needed in order to begin a new era for industrial development in Nigeria.

He said, “The Abuja Chamber of Commerce and Industry has made it known to the government that the issue of power and energy must be urgently addressed in order to promote industry, boost productivity, and attract both foreign and local direct investments.


“Power and energy sufficiency is the fulcrum of any meaningful development of the economy. This is the time for us as a nation to start implementing consistent policies geared towards attracting investments that will revitalise our industries.”

The Registrar, Chartered Institute of Finance and Control of Nigeria, Mr. Godwin Eohoi, advised the government to look inwards by encouraging the patronage of locally-produced goods to boost investment activities.

He said, “We have to look inwards to reflate the economy by ensuring the encouragement of local content through patronage of locally-made goods. This will help stimulate production by local industries and thus boost investment.

“The government should come up with policies that will encourage investors to set up plants in Nigeria for production rather than spending money importing all these items that are depleting our foreign exchange reserves.

“The government should also reduce the interest rate to make funds available for investment in critical sectors of the economy such as agriculture, manufacturing and others.”

Eohoi added that since foreign investors were shying away from investing in the country, Nigeria should look inwards and encourage local industries by reducing interest rate and making foreign exchange available to them to continue production.

EFCC 2016 Recruitment Result Is Out. Names Of Successful Candidates Published

The Economic and Financial Crimes Commission (EFCC) found itself at the wrong end of the sword after some Nigerians took to their Facebook page to berate the anti-graft agency over what many termed "secret" recruitment and nepotism.

Some users claimed that the EFCC never informed the general public about their recruitment while a few other lamented painfully on how information on the job recruitment exercise was published on the EFCC website only on the same day of the exercise.

See what transpired when the EFCC wrote about succesful candidates from the basic test: