₦airaland Forum

National Universities Commission yesterday Wednesday July 4th suspended the operational licenses of seven private universities in Nigeria for allegedly violating NUC's guideline's on school facilities and academic programmes

The suspended universities are Lead City University, Caritas University, Joseph Ayo Babalola University, Tansian University, Madonna University, Achievers University and Obong University.

The NUC say the suspension will be lifted as soon as the Universities live up to the guidelines stipulated by the commission in the running of Universities in Nigeria.



The National Universities Commission, a regulatory body in charge of activities in all Nigerian Universities has suspended the operational licences of seven private universities for allegedly violating its guidelines in physical facilities and academic programmes.

The affected universities are: Madonna University, Okija; Caritas University, Enugu; Achievers Uinversity, Osun; Lead City University, Ibadan; Obong University, Obong and Tansian University, Umunya.

NUC spokesman, Mallam Ibrahim Yakassai confirmed the suspension of the varsities to a Nigerian daily( Not BusinessDay) on Wednesday night.

“The operators of the universities affected know their offences because so many times, we have informed them about their failings but they did not take necessary steps to address their shortcomings. Anyway, It’s just a suspension and it will be lifted as soon as they do the correct things,” he said.

Beaf: Lol! Bro, wetin man go do?
Make I go pull di rope for my "I pass my neighbour," so dat I go fit fast forward di sontin, jare!

So u dey use i pass my neigbour? Tell your boss gej get serious and give us electricity. I think he will give a damn about u sha.

Thanks to lagosshia for making nairaland a terrible place for frosbel. Lol!

website: www.panafricangroup.com

phone no: 01-9034511

e-mail: info.ng@panafricangroup.com

Address: 31, Vono Road, Ilupeju Lagos.


KOMATSU PANAFRICAN EQUIPMENT

Panafrican Equipment (Nigeria) Ltd was established in 2010 to meet the growing demand for heavy construction and mining equipment to service the country’s fast developing economy. Panafrican Equipment is a strong member of Panafrican Equipment family currently located in Ghana, Kenya, S/Leone, Uganda, Tanzania.

Panafrican is building on Komatsu’s already strong reputation in Nigeria.

The Nigerian government’s commitment to developing infrastructure represents a major opportunity for heavy equipment distributors. It presently accounts for about 80 per cent of all heavy machinery demand and, as spending on new construction projects increases, the need for equipment will grow.

Another opportunity is Nigeria’s nascent mining sector, which has tremendous potential and will benefit from Panafrican’s extensive experience in this field.


Contact:

Tokunbo Aregbesola

Mobile no: 08098337644, 08177777504, 01-9034504
Email: t.aregbsola@panafricangroup.com
Website: www.panafricangroup.com

nikkygal: Surprise! Your 2 questions in this order have been asked.....Seems like they are keeping tabs on this thread!

Am impressed....Up NL ....

Gbam! The man is really reading my comments. Pls send your questions to me or post it directly. Don't waste your time on the crap called telephone!

Someone should help me ask this fisherman these:

1. Why did u remove Salami?

2. Why did u rename Unilag before forwarding it to the National Assembly?

Add more...

Maleeq. Pls link me up thru ask4taymon@yahoo.com

hmmm

CAN U IMAGINE?

OYINBOGOJU: Coward

Christian never retaliate,you don day murmur

Then ask them to retaliate if the number of innocent souls lost in their hands is not enough. Those carrying our reprisals are not different from boko. they are same of the same

Thank you OP. May Allah assist you.

Detongue: Preach dis message in d mosque

Will you be in the mosque tomorrow. He will delay the message until your arrival.

defemz: Hausa moslems have been burning and killing christians in the north even before the Boko Haram insurgents. Anybody suggesting otherwise either has something to cover or was born yesterday. [s]There are too many verses of the Quran that commands killing of Christians and Jews.[/s] So stop heaping the blames on only Boko Haram, disowning them can not eraze the facts that Moslems have been killing and burning churches in the North for a long time.

and there too many verses that command christians to kill in the bible!

any president in this country?

And they can steal better than men. ASK CECELIA IBRU

I pity Nigerians, is this how Nigeria will tarry for the next three years SMH

^^ Is anything wrong with your head? Which one is bloodsucking religion? If a muslim personality is bloodsucker, you attribute him to his religion and if a christian commits the same, he is on his own not his religion. WHAT IS WRONG WITH NIGERIANS?

^^ You mean GEJ?

^^Why na? Is it not an outfit. Please let him decide. We dont have to put on a shitty suit to office. You know?

The Governor, Central Bank of Nigeria, Mallam Lamido Sanusi, on Wednesday caused a stir at the bank’s headquarters in Abuja when he appeared in his traditional chieftaincy attire.

Sanusi, was last Saturday installed as the Dan Majen of Kano by the Emir of Kano Ado Bayero.

The installation came barely a week after the bank lost eight of its top officials in the ill fated Dana plane that crashed on June 3.

Sources at the apex bank told our correspondent on Wednesday night that Sanusi had attended an event in Abuja in the regalia from where he came to the office.

It was gathered that he spent a short time in the office before leaving.

A top official of the CBN, who asked not to be named, confirmed to our correspondent that he appeared in the office in the regalia.

The source told our correspondent that Sanusi was received by top officials of the apex bank upon resumption of work in the regalia.

Members of staff of the bank had since June 3, been mourning the loss of eight of their colleagues who died in the ill-fated Dana flight on their way to Lagos for a course on banking examination.

They are Mr Amiaka Rapheal (Senior Manager), Mrs Antoniah Attuh (Senior Manager); Mr. Bamaiyi Adamu (Senior Supervisor); Mrs Falmata Mohammed (Assistant Director) and Mr. Ibrahim Yusuf (Principal Manager).

Others are Mr. Kim Norris (Special Adviser to the Governor on Banking Supervision), Mr Mutihir (Deputy Manager) and Mr. Samuel Mbong (Senior Manager).

Prominent northern leaders from the North-East region have broken their silence on the Boko Haram insurgency, pleading with the Islamist militants to sheathe their sword and allow peace to reign. The leaders lamented that the activities of the Boko Haram and its bloodletting particularly in the region had worsened the socio-economic situation of the people.

The meeting held at Fariah Suits, GRA, Bauchi had in attendance, former and present leaders in the region including , Adamu Ciroma, Chairman of the Northern Elders Forum, Alhaji Mohammed Bello Kirfi, the convener, former Deputy Speaker, Bayero Nafada, former Secretary to the Federal Government, Yayale Ahmed, Ibrahim Modibo, former FCT minister.

Others are Ibrahim Bunu, former FCT minister, Yakubu Lame, former Police Affairs Minister, Alhaji Yerima Abdulahi, former Education Minister, Ibrahim Waziri, former Police Affairs Minister, Fati Muazu, former INEC National Commissioner, Senator Aisha Jummai Alhassan, Senator representing Taraba North, Abdumalik Mohammed, former Deputy Governor of Bauchi State, Alhaji Garba Gadi, former deputy governor of Bauchi State and Yusuf Maitama Tugga, former CPC gubernatorial candidate in Bauchi State, serving members of the National Assembly, retired top security personnel, captains of Industries among other distinguished leaders from the region.

In his opening remarks, the convener, Mohammed Bello Kirfi called for ceasefire from members of the sect, adding that insecurity particularly in the north/east region has further worsened the socio-economic problems of the people by increasing poverty, unemployment and illiteracy for which the region was scored poorly. Kirfi who is the Wazirin Bauchi said: “Our region has been engulfed in strife of warfare, more complex and sophisticated than the Nigerian civil war.

Whereas in the civil war the battle line was drawn as the enemy was known, in this very one the enemy is known but remains hidden and thus the battles fought in all nooks and crannies of the six states of the region. “We plead with our brothers and sisters in the Jamatu Ahlis Sunnati Lidda’awati Wal Jihad to sheathe their swords immediately in the spirit of fatal submission.

To the will of Allah subuhanahu wa Taala and respect for. The sunnah of our beloved prophet Muhammed (peace be upon him) in order to restore peace and tranquility and to enable us prop the framework for peaceful engagement and attending to their griviences and our collective disposition. “We should remember that Allah Taala and His messenger said “As SULHU KHAIR” meaning reconciliation is an excellent virtue.”

The Sun

Did he predict Otedola would bribe Lawan? IDIOTIC M.U.M.U

As President Goodluck Jonathan marks his first year in office on May 29, his comment on the first anniversary on his Facebook has attracted varying degree of reactions from some of his friends and followers on the social media platform.

His comment on the anniversary uploaded on Monday, May 14 stated thus:

“As we approach the first anniversary of this administration and because we derive our mandate from the people by the way of free and fair election, I have instructed members of the Executive Council of the Federation to render an account of stewardship to Nigerians.

“This rendering by the way of televised live ministerial briefings are ongoing and I encourage all Nigerians to watch these briefings and give me feedback on this page.

“Feedback is the synergy that is needed to make government work better for you and as I have demonstrated from inception of this page. I take your feedback into account in formation of government policy as well as the decision making process” the president wrote.

As at the time of this report, about 2,720 comments and 922 likes have been recorded on the anniversary message. While 64 per cent of the respondents expressed their displeasure on Jonathan’s administration’s performance so far, 36 per cent gave him a pass mark but urged him to speed up his transformation agenda.

Some of the comments on the anniversary message are as follows:

Robert Akpebi: Goodluck should forget about 2015, complete your tenure and leave for more qualified person. You forgot to bring development to your home state like the abandoned East/West road.

Agare Isaac: Sir, you have failed me in the area of security, your administration has cost the death of 1,800 people, unlike our Military Heads of State. Going by this data, by 2015, about 800,000 to 1,000,000 souls would have gone.

Sufya Deen Ibrahim: Sir, you have a silver tongue like the Niger State Governor ( Talba).

Duru Vincent: One year after your Presidential pronouncement of job offer and immortalization of slain Bauchi NYSC Corp members, this promise is yet to be fulfilled.

Bisi Awoeyo: Mr. President, your anniversary gift to Nigerians like the New Year subsidy gift, is the tariff for darkness instead of light.

Opeodu Olutayo: Where is the electricity to watch the briefings?

Akan Martins: Mr. President, my regards, ministerial briefings is good, but people in the village might not be part of this.

Others include:

Ayodele David: Please, it is time you step on toes to move this country forward.

Michael Abugu: A big congratulation for job well done, we have never witness unprecedented transparency a premise upon which your government was built, your promises for renovation of refinery, railway transportation has been fulfilled. To curb insecurity, please retrain the armed forces.

Balogun Abiodun: Mr. President, it is not the numbers of years, that matter but your legacy. You may be trying but trying is not enough. Let power be your only agenda at affordable rate. I want to assure you that Nigerians will forgive your mistakes.

The Naton N/P

Why Nigerians hate their president so much? Didn't you elect him?

Dede1: You are one imbecilic gull. Even a noted praise singer such as you could not offer the date Mrs. funmilayo ransome kuti drove the car, the motorcycle or the model of car and motorcycle. Was the car she drove a morris minor, vauxhall, VW beatle, humber, zepher, opel reckord or midget? Was the motorcycle she rode a triumph, motoguzzi, mobilate, Norton or Indian?

The car was Canopy and the motorcycle was Kaspersky. Ode!

BEAF is back from leave. Praise God, gutter talks continue.

The House of Representatives Ad-Hoc Committee probing the capital market yesterday resumed hearing on the near collapse of the sector. Director-General, Securities and Exchange Commission (SEC,) Ms Aruma Oteh, was grilled by the lawmakers.

She told the panel how a former Director-General of the Nigerian Stock Exchange (NSE), Dr. Ndi Onyiuke-Okereke allegedly spent N1.3 billion on trips, N186 million on Rolex wrist watches and N37 million on a luxury yacht.
She also disclosed how NSE Council and a few members shared N1.7 billion amongst themselves, even as executives of four banks used depositors’ funds to buy up over 7 billion units of their shares.

Indicting the leadership of the NSE for the near collapse of the market, she said her commission’s inspection report “showed that important committees such as the Risk and Compliance Committee (of NSE) last met in 2007 while the Disciplinary and Rules Committee last convened in 2005.
She also said: “N1.7billion of the 2008 operational surplus was distributed to council members and employees in violation of CAMA and SEC rules which preclude the NSE from such, given that the NSE is a company limited by guarantee.

She alleged that “other notable fraudulent transactions include the re-classification of N1.3billion originally expended on business travels. Of this sum, N953million was re-classified under “Software upgrade” and subsequently expended as against being capitalized.
According to Oteh, the NSE “spent N186million on 165 Rolex wristwatches as gifts for awardees out of which only 73 were actually presented to them (awardees). The outstanding 92 Rolex watches valued at N99.5million, remain unaccounted for.

“NSE bought a yacht for N37million and wrote down the book value within one year by recognizing it in the books as a gift presented during its 2008 Long Service Award (LSA), yet there are no records of the beneficiary. These were the kinds of financial imprudence that were perpetrated at the NSE,” she told the pnel
She accused past managements of Union Bank, FinBank and the defunct Afribank and Intercontinental banks for fraudulently using depositors’ funds to buy up the banks’ shares.
On FinBank, for instance, the SEC boss narrated how its executive in 2008, incorporated 95 companies and used nine of those firms as fronts to buy up N25 billion shares of the same bank.

Union Bank, she said, borrowed N30.4 billion from foreign banks, allegedly handed them to Falcon Securities, which in turn bought N30.8 billion worth of the bank’s shares. A chain of transactions by Falcon Securities, she alleged, drove up the bank’s shares from N23.30, in January 2007, to N50.33 in November of the same year.
She decried the activities of “Wonder banks”, assuring that SEC was prosecuting some of their patrons.
Efforts to reach Dr. Okereke-Onyiuke yesterday were futile as calls to her Airtel line were not answered even though it rang severally.

At the NSE where Okereke-Onyiuke was the Director-General for eight years, Daily Sun was informed that the organization could not speak for the embattled former boss since she had left the service for over two years now.
However, a source close to Dr. Okereke-Onyiuke wondered why such allegations are coming up now, saying that they are not new.

“These allegations are not new. They have been bandied about since. If a chief executive officer incurs expenses in the course of her job for the organization, why should her name be dragged into the mud.”
According to the source, Dr. Okereke-Onyiuke worked tirelessly to uplift the NSE, helping the market to hit N15.64 trillion capitalization and bringing in 319 securities from the 19 before her tenure into the market. He said it was also during her tenure that the banking industry raised over N500 billion through the capital market.

Chairman of Progressive Shareholders Association, Mr. Boniface Okezie said instead of raising spurious allegations against the former DG, the current Director-General of SEC should address the root causes of the market collapse and how to restore investors’ confidence.

Sun Newspaper

this Dayokanu no go kill person with laughter on NL. See Igbos lives for outside

https://www.youtube.com/watch?v=VBaH_9vJETg&feature=related

http://www.youtube.com/watch?NR=1&v=VBaH_9vJETg&feature=endscreen


https://www.youtube.com/watch?v=GMvNsylG59Q&feature=related

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Panafrican Equipment (Nigeria) Ltd was established in 2010 to meet the growing demand for heavy construction and mining equipment to service the country’s fast developing economy. Panafrican Equipment is a strong member of Panafrican Equipment family currently located in Ghana, Kenya, S/Leone, Uganda, Tanzania.

Panafrican is building on Komatsu’s already strong reputation in Nigeria.

The Nigerian government’s commitment to developing infrastructure represents a major opportunity for heavy equipment distributors. It presently accounts for about 80 per cent of all heavy machinery demand and, as spending on new construction projects increases, the need for equipment will grow.

Another opportunity is Nigeria’s nascent mining sector, which has tremendous potential and will benefit from Panafrican’s extensive experience in this field.


Contact Austin Oyowe on: a.oyowe@panafricangroup.com

shittu Opatola on : s.opatola@panafricangroup.com

Emeka Onwuchekwa on: e.onwuchekwa@panafricangroup.com




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