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Politics › Re: Atiku Abubakar Speaks On Supreme Court Ruling by agwom(m): 11:51am On Jan 15, 2020
Hope still dey...
Politics › Re: No Extreme Poverty In The East by agwom(m): 11:49am On Jan 15, 2020
hmmm
Politics › Re: Charly Boy Reacts As Supreme Court Sacks Ihedioha, Says "Imo State Is Gone" by agwom(m): 8:37am On Jan 15, 2020
cheesy
Politics › Re: Why Supreme Court Sacked Ihedioha, Declared Apc’s Uzodinma Winner In Imo by agwom(m): 8:04am On Jan 15, 2020
lipsrsealed
Politics › Re: Uzodinma Once Accused Of Forgery & Infecting Godwin Ekenulo's Wife With AIDS by agwom(m): 7:36am On Jan 15, 2020
cheesy
abiolert:
Shut up haters
Politics › Re: Supreme Court Judgement: PDP Says The Destiny Of Imo State Has Been Taken Away by agwom(m): 7:32am On Jan 15, 2020
cry cry
Business › Analysts Predict Rise In Inflation Rate To 12% by agwom(op): 7:29am On Jan 15, 2020
Analysts at the Financial Derivatives Company (FDC) have predicted that headline inflation is likely to jump by 0.25 per cent to 12.10 per cent. Nigeria’s prevailing inflation rate has been at 11.85 percent since November 2019, according to the Central Bank of Nigeria (CBN). The research-based company run by Bismarck Rewane revealed the prediction in its Economic Bulletin released recently. The National Bureau of Statistics is expected to release the December inflation rate soon and if FDC’s prediction turns out accurate, it would be the fourth consecutive month that headline inflation has increased.

The last time this happened was in 2016 when the economy suffered a severe growth contraction leading to a recession. “In recent times, the spike in the year-on-year headline inflation is largely due to money supply saturation, lower interest rates, increased seasonal demand and base year effects of the border closure,” FDC said.

The company’s report, based on its survey, showed that the month-on-month inflation is likely to decline to 0.97 per cent (12.25 per cent annualised). “This means that Nigerians are probably bypassing the border closure,” FDC disclosed, adding that more disturbing is the fact that core inflation (inflation less seasonalities) is expected to increase again to 9.2 per cent. “A consistent increase in price inflation could force a monetary policy U-turn on interest rates earlier than anticipated,” FDC projected.

Read more: https://www.dailytrust.com.ng/analysts-predict-rise-in-inflation-rate-to-12.html
Politics › Armed Forces Remembrance Day: Families Of Slain Soldiers Cry For Help by agwom(op): 5:18am On Jan 15, 2020
As Nigeria marks this year’s Armed Forces Remembrance Day, families of soldiers who made the supreme sacrifice while fighting the Boko Haram insurgency in the North East and other security challenges across the country are crying for help. Daily Trust reports that while many soldiers fighting Boko Haram insurgents in the North East have been killed in the battle front, many others lost their lives while tackling other security challenges in different parts of the country.

The Armed Forces Day is observed annually by nations around the world to honour their military forces. In Nigeria, it is marked on January 15 to honour members of the Nigerian Armed Forces who fought in the first and second world wars and those who served or are still serving in various peace support operations worldwide. The day is also marked to appreciate those who fought in the Nigerian Civil War. The event, which is usually held at the federal, state and local levels, has become a national ritual as military personnel including the Army, the Navy, the Air force and the Nigerian Legion converge to celebrate and give honour to the fallen and living heroes.

In Nigeria, the exact number of soldiers killed in the battle front is not given because of secrecy in the military circle. Some relatives said they learnt of the deaths of their loved ones through other sources as the military had not informed them officially. Documents show that in the last few years, Nigerian military operatives have been involved in Internal Security Operations (ISO) in 32 states to contain different threats including the Boko Haram insurgency, farmers/herders clashes, banditry, kidnapping, ethnic confrontations and militancy. The military had also recorded huge successes including liberating many communities, rescuing thousands of kidnapped victims and rehabilitating and paving way for reintegration of repentant criminals.

Our plight – families of fallen soldiers

Some widows and relations of troops who lost their lives while fighting the Boko Haram insurgents recounted the difficulties they now encounter in their struggle for survival following the exit of their breadwinners. Sylverna Alawade, widow and mother of a 4-year-old daughter said her husband, Lance Corporal Shefiu Alawade, was declared ‘missing in action’ at Metele in Northern Borno in May 2019 and was later confirmed dead in battle.

“When he was leaving us for the front line, he left his ATM card with us to be withdrawing money. Unknown to us, he was bidding us final farewell. However, when we did not see or hear from him a month after, I suddenly remembered that Metele had been attacked, and he could have been a victim. My fears were later confirmed,” she said. She, however, lamented that her late husband’s entitlements have not been paid yet a year after his death. “It has been hell with me and my daughter; I have been going through tough times.

The army is yet to reach out to us. It is a painful thing that my husband defended the country but we are now suffering,” she lamented. While appealing to the federal government to do something about her plight, Sylverna said: “Since he was declared missing in action more than a year ago, they should pay us the compensation because he spent six years in service before the incident happened. If they pay us the compensation we can use it to address some challenges we are facing now.”

The experience of another widow who gave her name as Ogechukwu is different from that of Sylverna. Ogechukwu said her husband, Staff Sgt. Ibrahim Waziri, was killed in combat with Boko Haram at Damboa in southern Borno on October 29, 2016. The mother of three said: “It has not been easy with us since we lost him but by the special grace of God, we have been managing. Only his gratuity has been paid which is what I have been using to do some business for the sustenance of the family.

The military is sponsoring the education of the children. “It has been very difficult living without my husband but we are managing,” she said. Lance Cpl Oluwafunmilayo Ogunubi said she is the widow of Cpl Idowu Emmanuel who died during the battle with insurgents at New Marte in northern Borno on January 8, 2017. Funmilayo, who acknowledged that some of her late husband’s benefits have been paid, called on relevant authorities to do more. “My husband’s burial expenses, gratuity and insurance have been paid and that is what I have been using to run some business to train my children and sustain the family, but I don’t know anything about pension,” she said. Timothy Olanrewaju who is a journalist said his elder brother, Samuel Olanrewaju, who left teaching to enlist in the Nigerian Army in 1997 was declared missing in action between Baga and Metele in March 2019. “He was later confirmed to have been executed by Boko Haram.

My brother was deployed to the theatre of Boko Haram war from the Nigerian Army Infantry Barracks, Owode-Yewa, Ogun State. In June 2019, I approached the army that video a footage released by Boko Haram showed that he was executed by the insurgents. “Before then, nobody from the army authorities ever told us that he was dead after his abduction alongside others by the insurgents in December 2018. “Later, his wife called on phone and told me that the army authorities had officially informed her that her husband had been killed in battle,” he said. Olanrewaju also said they were shocked when they later found out that the bank account of his brother was blocked. “His salary bank account was blocked in June 2019, few months after his death. An account opened by an individual is the property of the individual. This singular act has plunged Samuel’s family into a very precarious situation: no food for the family and no school fees for his two sons; and no support from the army, not even Operation

Lafiya Dole

Theatre Command where he served before his death; his, entitlements have not been paid and following up is a very long procedure. “This has thrust a heavy responsibility on me,” he said. Maintaining that the families of fallen heroes should not suffer, Olanrewaju said the reverse was the case with regards to his late brother as his family was suffering because of the long procedure of getting the entitlements paid.

Losing a soldier is like losing Nigeria – Senator Ndume

The Chairman, Senate Committee on Army, Senator Ali Ndume, said losing a soldier is like losing Nigeria, noting that it is not the number of lives lost that matter. Speaking in a telephone interview, Senator Ndume said he could not tell the number of soldiers that died within the year, adding that the sacrifice made by soldiers to fight the war is huge.

“Nigerians should have the patriotism to feel the huge loss that the country recorded, not just count the number because every life matters. “The most frustrating thing in the war is the way Nigerians are looking at it and is the same thing that has compounded the problem. If Nigerians today will accept the war as a challenge for all, and the government to concentrate holistically on the war, the result will be a huge success. “The war against insurgency and banditry is for the whole Nigeria not the military alone,” he said. It could be recalled that on October 15, 2019, Ndume had said that 840 Nigerian soldiers were killed by Boko Haram terrorists between 2013 and October 2019. The senator said the fallen soldiers were buried at the military cemetery in Maiduguri, the Borno State capital.

No verified figures of military casualty

There are no verifiable figures of casualties suffered by the Nigerian military in the fight against Boko Haram and other criminalities as official figures are kept secret by military authorities on ground of security. Last July, the Wall Street Journal published a report claiming that secret mass burials of about 1,000 soldiers were conducted by the military at the Maimalari Barracks in Maiduguri over a period of one year. The military had since refuted the claim. “Several of my comrades were buried in unmarked graves at night.

They are dying and being deleted from history,” the paper quoted a soldier as saying. Sources said the reason for the secrecy may not be unconnected to the desire of unit commanders to preserve their scant budget allocations and also the desire of the military to protect its image in a war it claimed it had already won.

Fallen heroes deserve to be honoured – Expert

The Executive Secretary, Centre for Crisis Communication (CCC), retired Air Commodore Yusuf Anas, said heroes living or dead are usually celebrated locally, nationally and internationally. He said it was a very important and positive way to encourage people in the military to honour troops who have laid down their lives for their country.

“The Nigerian military has a codified way of honouring fallen heroes as specified in the Harmonized Terms and Conditions-of Service (HTCOS),” he said. He said the provisions were also explicit on how the families of fallen heroes should be treated in the HTCOS. “If there is a lacuna or shoddy handling in giving appropriate and befitting burial to honour our deceased officers and soldiers, the blame falls squarely on the military leadership at all levels,” he said.
https://www.dailytrust.com.ng/armed-forces-remembrance-day-families-of-slain-soldiers-cry-for-help.html

Politics › Re: Afakirya Gadzama Appointed Chairman Governing Board NISS by agwom(m): 12:23pm On Jan 14, 2020
hmmm
Crime › Re: 23-Year-old Lady Who Was Trafficked To Lebanon, Rescued By Nigerian Government by agwom(m): 9:45am On Jan 14, 2020
Kudos to Nigerian government
Business › Re: How I Became Successful - Africa Richest Man Dangote Reveals by agwom(m): 9:42am On Jan 14, 2020
A mentor!
Politics › Re: Lagos Should Account For Lekki-ikoyi Bridge Toll - Mr Ebun-olu Adegboruwa by agwom(m): 9:39am On Jan 14, 2020
Monkey don carry am
Politics › Re: Ekwunife Hails Buhari On Work On Enugu-onitsha Expressway by agwom(m): 9:35am On Jan 14, 2020
Good one.....pics please
Politics › Re: N13,500 Pay Threatens Operation Amotekun by agwom(m): 9:26am On Jan 14, 2020
Their salary is more than that of civil servants
Politics › Re: More Rift On Amotekun As Kano Mulls Community Policing by agwom(m): 9:23am On Jan 14, 2020
good one
Politics › Re: Gov. Bala Mohammed And Son Corrupt Empire: The Untold Wealth Stolen From Nigeria by agwom(m): 8:46am On Jan 14, 2020
Fighting against corruption in Nigeria is the wasting of time and resources
Politics › Re: Atiku's Failure To Pay His Staff Salaries Shows He Can't Govern Nigeria - BMO by agwom(m): 8:41am On Jan 14, 2020
undecided
Politics › Re: Amaechi Speaks On NTA Good Morning Nigeria ( Photos) by agwom(m): 8:38am On Jan 14, 2020
We need more...
Politics › Re: Leaked Audio On $30billion Loan: Buhari Promised To Go To Jail For Me-amaechi…da by agwom(m): 8:36am On Jan 14, 2020
cry cry
Politics › Re: Fr. Mbaka Vs Primate Ayodele: Who Goes Down?; Buhari’s Spokesman, Caught Kneelin by agwom(m): 8:32am On Jan 14, 2020
lipsrsealed
Politics › Re: How Stella Oduah Bought N326 Million Apartment In London And Also Owned Choice L by agwom(m):
Those who stolen Nigerians money are living a wonderful lives....Buhari's government is after yahoo boys
Politics › Re: Supremes Court Judgement On Abia Guber: Our Resolve Is Stronger-alex Otti by agwom(m): 8:23am On Jan 14, 2020
hmm
Politics › Re: The Biggest Betrayal In Rivers Politics Today Is Rotimi Amaechi - Aguma by agwom(m): 8:20am On Jan 14, 2020
May God have mercy on us
Politics › Nigerians To Pay More Taxes As Buhari Signs Finance Bill by agwom(op): 8:13am On Jan 14, 2020
Income tax, electricity tariff to go up We have the lowest VAT rate in Africa – Experts Nigerians will henceforth pay more in taxes while electricity rates will also go up in the course of the year as a new law signed by President Muhammadu Buhari to boost revenue for government comes into effect. The president yesterday signed the 2020 Finance Bill into law at the Presidential Villa in Abuja.

This is coming nearly two months after the National Assembly passed the bill and forwarded it to the president for assent in November 2019. The law has paved the way for an increase of the Value Added Tax (VAT) from five per cent to 7.5 per cent. Daily Trust reports that the 2020 Appropriation Act amounting to N10.59 trillion ($35bn) is also based on the new VAT rate.

Experts varied on the implication of the new charges with some saying more money for government will boost the economic potentials of the country and others saying the poor people are already overburdened. A statement yesterday by the Special Adviser to the President on Media and Publicity, Femi Adesina, said with the assent, there will be more revenue to finance key government projects especially in the areas of health, education and critical infrastructure.

Buhari had first announced the signing for the bill into law through his Twitter handle @MBuhari saying the bill was vital to the implementation of the 2020 Budget. The taxes that will witness noticeable increase include VAT, the Corporate Income Tax, and a plan to reintroduce tollgates taxes. The new law also stipulates that customers must present their Tax Identification Number (TIN) before they would be allowed to carry out any transactions through banks. The new law also amended the Petroleum Profit Tax Act, Customs and Excise Tariff Act, Personal Income Tax Act, VAT, Stamp Duties Act and the Capital Gains Tax.

Electricity tariff may rise in first half of 2020 Economists contacted to comment on the new development say the increase in VAT and other taxes would cause discomfort to many Nigerians as the prices of goods and services will most likely skyrocket. On raising electricity rate from April 2020, the Nigerian Electricity Regulatory Commission (NERC) and the power Distribution Companies (DisCos) recently rolled out the tariff order which will be implemented by the first half of the year. Analysis of the documents showed that on the average, the increase is between N15 to N20 for all the DisCos.

However due to the shock this electricity rate could create, sources privy to the dealings of the tariff hike plan told one of our reporters that the Nigerian Electricity Regulatory Commission (NERC) recommended gradual increase starting from April (to be announced in the June tariff review). The Minister of Power, Engr. Sale Mamman, had in a recent interview with Daily Trust said power supply was now private sector driven and that there was need for tariff that could cover production cost of electricity.

Communication tax underway in Nigeria Daily Trust reports that there are moves to have legislative action to impose a 9 per cent tax on communication services. The communication service tax shall be levied on electronic communication services like voice calls, SMS, MMS, data usage both from telecommunication services providers and internet service as well as pay per view TV stations.

The federal government has also announced plans to ensure the return of toll gates on federal highways in the country, but experts believe it will result in increase in transport fare across the country. Ovations, knocks greet new tax regime Analysts spoken to yesterday said the increases may be good for government’s revenue base. They, however, observed that the increase would negatively affect the income of average Nigerians, especially if the taxes were not judiciously utilised.

Speaking with Daily Trust, Sarah Anyanwu who is a Professor of Development Economics, University of Abuja, said the increase would automatically lead to hardship because the level of the increase is not commensurate with the salary increment for civil servants (minimum wage). Prof. Anyanwu, who is also the President of Nigerian Economic Summit (NES), said Nigerians have doubts as to whether government will judiciously use the money that would accrue.

A research consultant to ECOWAS, Prof. Ken Ife, in a telephone interview said, “We have the lowest VAT in Africa at 5%. The average is 15% in Africa. Ghana is even 17%. It is higher in many countries.” However, Prof. Ife expressed concern over its effect on consumables. “The worry about that increase is to make sure we protect the poorest people by not putting tax on foods and medicines so that we don’t weaken poor people in our community.

That is why I’m advising the government to exempt them from the VAT increase,” he said. Another respondent, Audu Aliyu, backed the new tax regime saying, “The capital gain tax reform is also going to encourage Nigerian ownership of businesses which is a good thing. This will curtail capital flight as most foreign companies tend to repatriate their profit abroad which is not good for the economy.” The Executive Director, Nigeria Private Sector Alliance, Barr. Legborsi Nwiabu, advised that the new taxes be used appropriately to impact on Nigerians.

“Nigerians particularly the private sector don’t want a situation where they will pay tax and still be running on generators,” he noted. Dr. Bongo Adi, an economist and lecturer at Lagos Business School, said the corporate income tax in Nigeria is less than one per cent. “Our tax is not up to 5 per cent of our GDP at this moment because the tax steak is still small. Those in the tax book, organizations and individuals still remain small. Of course, the argument still remains that you can’t tax poverty.

People are poor, disposable income is still quite low. Nigeria’s economy is predominantly informal,” he noted. Adi said the exemption of businesses with below N25 million turnover from the tax net was a good incentive from the federal government. His worry is that there are more challenges outside the finance law which make any tax increase a burden. On presentation of TIN before bank transactions, Mr Adi said, “The requirement of an evidence of paying tax (TIN) before transactions in a bank is good. Tax is about citizens’ responsibility which gives them the right to demand accountability.” The Lagos Chamber of Commerce and Industry (LCCI) also commented on the tax regime.

The Director-General, Dr. Muda Yusuf, said the new law may favour small businesses but the VAT increase may have adverse effect on consumers who will bear the increment. It is not good to pay more on electricity President of the Nigeria Power Consumers Forum Mr. Kunle Kola Olubiyo, told one of our reporters that the planned increase in electricity tariffs coupled with those for taxes may lead to hyper-inflation.

Olubiyo advised that NERC should first tackle the liquidity crisis, the poor governance structure and accountability issue. He also called for the effective metering of consumers and improvement in customers services by the DisCos to enhance customer satisfaction. Employers caution FG over tax hikes The Nigeria Employers’ Consultative Association (NECA) on its part said the president meant well for the country but that caution must be taken.

The Director-General of NECA, Dr. Timothy Olawale, said government should not see the private sector as a “cash cow” in its drive to raise revenue, noting that the move will do more harm to the already burdened sector and further impoverish citizens than lifting them out of poverty.

Read more: https://www.dailytrust.com.ng/nigerians-to-pay-more-taxes-as-buhari-signs-finance-bill.html
Politics › Consider Kano Your Second Home, Emir Sanusi Tells Osinbajo by agwom(op): 6:24am On Jan 14, 2020
The Emir of Kano, Muhammadu Sanusi II, has urged Vice President Yemi Osinbajo to consider Kano state as his second home. The Emir disclosed this when he received Prof. Osinbajo in his palace in Kano on Monday. Daily Trust reports that the Vice President was at the Emir’s palace to pay homage to the monarch while on an official visit to the Kano state to commission the Alhassan Dantata Bridge in Sabon Gari and Tijjani Hashim Flyover in Kofar Ruwa areas of the state.

Osinbajo was also in the state to perform the foundation-laying ceremony and inspection of some projects embarked upon by Governor Abdullahi Umar Ganduje-led administration in the state.

Speaking, the Emir thanked Osinbajo for his frequent visit to the state, saying this has shown how important Kano state is to the federal government. “He is always welcome in Kano,” Sanusi said about Osinbajo while speaking with newsmen.

The Emir also commended the Ganduje-led government for all the development projects embarked upon to uplift the state’s socio-economic standard and to positively transform the state. In his remark, Prof. Osinbajo commended Emir Sanusi for maintaining peace in the state. He also commended the Emir for the peaceful coexistence achieved between the different ethnic groups residing in the state, adding that Kano state will continue to receive the federal government’s support in all its developmental activities.

Read more: https://www.dailytrust.com.ng/consider-kano-your-second-home-emir-sanusi-tells-osinbajo.html
Romance › Yusaku Maezawa: Girlfriend Wanted To Fly To The Moon With Japanese Billionaire by agwom(op): 10:28pm On Jan 13, 2020
A Japanese billionaire has launched an online wanted ad for a girlfriend who will fly around the Moon with him on a SpaceX rocket.

Yusaku Maezawa, who recently announced his break-up with a Japanese actress, is accepting applications from "single women aged 20 or over" who want to enjoy life to the fullest.

The matchmaking exercise is being turned into a TV show for a web streaming service.

The flamboyant entrepreneur said he agreed to the idea due to loneliness in middle age.

"I have lived exactly as I've wanted to until now," said Maezawa, who has three children with two women.

"I'm 44 now. As feelings of loneliness and emptiness slowly begin to surge upon me, there's one thing that I think about: Continuing to love one woman," he said in the ad.

Maezawa has also made a pitch on his Twitter account, saying: "Why not be the 'first woman' to travel to the moon?"

The deadline to apply is January 17, 2020. He will make a final selection by the end of March after going on dates with the applicants.

Maezawa, formerly chief of online fashion company Zozo, which he sold to Yahoo! Japan last year, is known for buying pricey art.

He is scheduled to make a lunar trip in 2023 or later as the first private passenger on a voyage by entrepreneur Elon Musk's SpaceX.

Maezawa also plans to take about half a dozen artists with him on the trip, which will take them around the Moon without landing on it.
Source: https://www.google.com/amp/s/sg.news.yahoo.com/amphtml/wanted-girlfriend-fly-moon-japanese-billionaire-105710334.html

Politics › It’s Unfortunate Military Has Lost Its Integrity — Wike by agwom(op): 7:50am On Jan 13, 2020
Rivers State Governor Nyesom Wike yesterday alleged that the military had lost its integrity because of some unprofessional personnel. He spoke at an inter-denominational Church Service marking the 2020 Armed Forces Remembrance Day Celebration at the Saint Peter’s Anglican Church, Rumuepirikom.

“It is unfortunate that the military has lost its integrity because of some unprofessional personnel. Nobody is afraid of the military because of their unprofessional conduct. “Those who come to rig election or kill Rivers people, Heaven will never remember them,” he said. He said a reward system should be institutionalised to encourage soldiers put in their best for Nigeria.

Wike urged members of the Armed Forces to choose the right path in the interest of Nigeria. He commended the Armed Forces for their roles in preserving the unity of the country, saying if not for their roles, kidnappers, cultists, insurgents and armed robbers would have taken over the country.

Read more: https://www.dailytrust.com.ng/its-unfortunate-military-has-lost-its-integrity-wike.html

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