Atlwireles's Posts
Nairaland Forum › Atlwireles's Profile › Atlwireles's Posts
1 2 3 4 5 6 7 8 ... 198 199 200 201 202 203 204 205 206 (of 281 pages)
Nigeria’s non-oil exports are on the rise as official commodities exported by end of 2013 rose to 117, from 106 reported by year-end 2012, data from the Nigerian Export Promotion Council (NEPC) has shown. This indicates an addition of 11 products to the number recorded in 2012. Similarly, the NEPC in 2013 embarked on 13 export outings with 126 companies, mostly small- and medium-scale enterprises (SMEs). Total orders generated by these companies within the period were worth $3.716 billion, immediate sales totalled $627,108, while executed orders reached $763,247. The 11 new products include Robusta coffee exported to Spain, educational books shipped to Sierra Leone, double folded dust sheets exported to the United Kingdom, ice making machines bound for Ghana, and Mica Muscovite exported to India, according to information from Cobalt International Services, the Federal Government-licensed agent that calculates non-oil exports outings. Others are leather furniture to Benin Republic, reduced iron and iron pellets to Bulgaria, India and Ghana, high density polyethylene to several countries, cut flowers to the Netherlands, fresh produce to the UK, and garments (T-shirts and boxers) to the United States of America. non-oil exports These commodities are additions to traditional export products such as cocoa and cocoa preparations, copper, cashew nuts and edible nuts, prawns, shrimps, fish and crustaceans, tobacco products, plastics and rubber footwear, noodles and biscuits, poly bags, milk products, iron and steel, insecticides, beverages, tomato paste and fruit juice, among others. “Made-in-Nigeria products elicit great demand as customers marvelled at the quality and wondered if they were ever produced in Nigeria,” said Olusegun Awolowo, CEO, NEPC, in a document made available to BusinessDay. Nigeria’s non-oil exports totalled $2.97 billion in 2013, recording 16 percent increase from $2.56 billion recorded in 2012. NEPC data shows top export products and destinations as leather, rubber, wood and articles of wood, charcoal, plastics and articles to Italy; cocoa, wood and articles of wood, charcoal, prawns and fish to the Netherlands; leather, cocoa, prawns and fish to Spain; and cashew nuts, copper, aluminium and articles to India. Others are cocoa and Gum Arabic to France; cocoa, cocoa products, and rubber to the UK; cocoa, plastic, articles and rubber to Belgium; cashew nuts and edible fruits to Vietnam; leather, aluminium, articles, plastics, copper and rubber to China; and cocoa and Gum Arabic to Germany. Tunde Oyelola, chairman, Manufacturers Association of Nigeria Export Group (MANEG), believes non-oil exports could do better if the Federal Government reverses suspension on the Export Expansion Grant (EEG), an instrument meant to assist non-oil exporters so they can be competitive in the export market. “Since 2005, the EEG scheme has been suspended eight times. The situation has created uncertainty among non-oil exporters. Non-acceptance of Negotiable Deposit Credit Certificates (NDCCs), instruments used in the EEG scheme, prompts exporters to incur cost for duties which NDCC is meant to cover,” Oyelola said. Badaru Mohammed Abubakar, national president, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), said to push the non-oil sector further upwards, border markets must be developed, non-oil commodities funded, and infrastructural developed. He added that there must be logistics to support supply value added chain, increase in dominance of primary commodities and high productive capacity. “We must empower SMEs through entrepreneurship; develop agro-allied industries; package and label standards of made-in Nigeria products; and focus on the comparative and competitive advantages,” he stressed. http://businessdayonline.com/2014/07/nigerias-non-oil-export-products-rise-to-117-as-orders-hit-3-72bn |
Lagos, Nigeria - The value of Nigeria’s consumer market could reach US$1.4 trillion by 2030, from the current yearly figure of US$400 billion, according to a report by the Mckinsey Global Institute(MGI). The private BusinessDay newspaper Wednesday quoted the report as estimating that the value of Nigeria’s consumer market could reach US$1.4 trillion by 2030 with food and non-food consumer goods accounting for US$1 trillion of the total. In the report, entitled, “Nigeria’s renewal: Delivering Inclusive Growth in Africa’s Largest Economy’’, MGI said one of the most important under-appreciated changes in Nigeria was the growing size and strength of its consuming class. “While the middle income is 680 dollars per year and 43 per cent of the population lives below the poverty line, the number of households in the consuming class is growing rapidly,” the report said. “In 2013, an estimated eight million households had income of more than 7,500 dollars per year, the threshold which MGI considers as 'emerging consumers’, with sufficient income to meet all basic necessities and have money to start buying more and better food as well as health and education services,” it added. The report said the labour productivity in the country had grown by 3.6% per year since 2010 and had contributed to the greatest share of its Gross Domestic Product (GDP). The report said the oil and gas sector had many opportunities to improve productivity, adding however, that the large share of the economy that existed outside oil and gas was where the productivity gap to other countries emerged. It explained that the recent rebasing of the economy had demonstrated that the natural resources sector was a smaller share of the country’s economy, thus clearing the misconception by people outside Nigeria that the oil sector is the engine of growth in the Nigerian economy as it is with several Middle Eastern economies. The report, however, said in spite the improvement in labour productivity, Nigeria was still far behind other major developing economies. “At less than 9,500 dollars per worker per year, Nigerian output is 58 per cent less than the average of seven large developing economies. “Nigeria also has a low ratio of employment to population of 31 per cent compared with 52 per cent in Brazil, 46 per cent in Indonesia and 48 per cent in Russia”, the report added.[b][/b] It said productivity is also being held back by poor infrastructure, which increases the cost of doing business in the country. PANA reports that MGI was established in 1990 to develop a deeper understanding of the evolving global economy. http://www.afriquejet.com/en/west-africa/8144-value-of-consumer-market-to-hit-us-1-4t-by-2030.html |
The manufacturing sector is now the major driver of economic growth in Nigeria, the latest economic report by Renaissance Capital, reveals. According to the report, with Nigeria’s rebased Gross Domestic Product,(GDP) the manufacturing sector is currently growing faster than the telecommunications, oil and gas and agricultural sectors. The report, titled, “Nigeria’s GDP: Bigger but slower – Manufacturing is the engine of growth,” was released on Monday. The report further strengthens recent figures by the Manufacturing Association of Nigeria, which showed that there was an increase in manufacturing capacity utilisation from 46.3 per cent recorded in the first half of 2013 to 52.7 per cent in the 2nd half of 2013. Notably, the Rencap report stated that the manufacturing sector recorded 22 per cent growth in 2013, as against the 14 per cent it recorded in 2012, noting that the growth was largely driven by the textile, cement and food sub-sectors, among others. The growth recorded by the manufacturing sector within the period under review, it said, accounted for one third of the total growth in the economy. The report said, “Manufacturing is growing strongly, despite power deficit. The manufacturing sector is a much bigger, faster-growing sector under the new series (nine per cent of GDP as against the four per cent previously). In 2013, it recorded substantial growth of 22 per cent (as against 14 per cent in 2012), comprising one-third of total growth. Food, beverage and tobacco producers account for half of the manufacturing sector. The sub-sector’s growth accelerated to 12 per cent in 2013, against 7 per cent in 2012. “An analysis of the growth drivers shows that telecoms is a maturing and slower-growing sector. The growth sectors are manufacturing (particularly food, cement and textile producers) and real estate.” The report further revealed that the cement sub-sector, which accounts for about one per cent of the country’s GDP, recorded phenomenal growth in 2013, as it posted a 39 per cent growth as against the 14 per cent recorded in 2012. It stated, “Several of the smaller manufacturing sub-sectors are growing even faster than food producers. Cement, which only comprises one per cent of GDP, grew by a sizeable 39 per cent in 2013, up from a strong 14 per cent in 2012. “Nigeria’s large population of upwardly mobile consumers, particularly in the south-west, coupled with investments in power, implies the strong growth of manufacturers, including food producers and breweries, is sustainable.” Conversely, the report revealed that in 2013, the oil and gas sector experienced a decline in growth as the sector contracted by 13 per cent, while trade and real estate sectors overtook agricultural and financial services to emerge as the top three growth drivers of the Nigerian economy. “The trade and real estate sectors trumped agriculture and financial services in 2013, to become among the top three growth drivers, together with manufacturing. The decline in agriculture’s growth contribution in 2013 was partly due to the 3Q12 floods. The upside is a smaller agriculture sector (23 per cent, as against 36 per cent) that reduces the economy’s exposure to it,” the Rencap report said. According to analysts, the level of capacity utilisation in the manufacturing sector is an index of the health of the sector. When it is low, it indicates poor growth and vice-versa. The Rencap report therefore reflects the improving health of the Nigerian manufacturing sector just as the rising capacity utilisation has shown. Manufacturers in Nigeria had attributed the remarkable increase recorded in capacity utilisation within the last year to favourable government policies, especially with respect to industry, trade and investment. Olusegun Aganga,the Minister of Industry, Trade and Investment, reacting on the new research findings, said the analyses, done by the reputed Renaissance Capital, corroborated the fact that the manufacturing sector was being transformed under the Transformation Agenda of President Goodluck Jonathan. “It is a good thing that the manufacturing sector is breathing well under this administration. Figures are there as proof. All we need do now is further improve the situation through consistency in policy as we continue to work hard towards continuously improving Nigeria’s non-oil revenue,” Aganga noted. http://businessdayonline.com/2014/07/manufacturing-sector-now-major-nigerias-economic-driver-says-rencap |
British companies are looking to tap into the growth of Nigeria, its former colony, as the country which has an abundance of natural resources continues the rapid expansion that has seen it become Africa’s largest economy. Seven of the world’s fastest-growing economies are on the African continent, thus making it an area of interest for foreign investors. “There is huge capacity for growth in Africa and demand for services from UK companies who want to invest in Africa or are already there and want to expand,” Ian Powell, UK chairman and senior partner, PwC, said recently. While British companies have been present in Nigeria for decades, there have been more recent gains made by companies from China, the USA, and South Africa. Foreign direct investments in Nigeria reached $5.6 billion in 2013, according to the UN Conference on Trade and Development. Nigeria is projected to be the leading economy in sub-Saharan Africa within the next decade, and expected to achieve 7 percent or more growth rate this year, according to the International Monetary Fund (IMF). The UK should expand by 2.9 percent this year, the IMF said in an April update. British companies are looking to take advantage of Nigeria’s rapidly expanding growth by ramping up investments and also building up closer links within the continent. The Nigeria-British Chamber of Commerce says it expects bilateral trade between both nations to exceed its targets this year. “By the end of 2012, the figure already stood at £7.2 billion and there is no doubt that the target of £8 billion would have been exceeded well before the end of this target year of 2014,” said Adeyemi Adefulu, president, Nigerian-British Chamber of Commerce. “It is my considered opinion that with the right policies and incentives, the trade between our two countries could hit £20 billion within the next five years,” Adefulu said. Nigeria has been attracting investor interest recently, as a result of positive indices of growth and demographics. The National Bureau of Statistics (NBS) recently announced a rebasing of the country’s GDP figures which put the value for 2013 at $490 billion, as against $384 billion for South Africa for the same period. The UK is among the largest investors in its one-time colony, with assets totalling more than £10 billion. British companies already present in Nigeria include Shell in the oil and gas sector, British-American Tobacco, British Airways, Cadbury, GlaxoSmithKline, Guinness and Unilever. The presence of first- or second-generation Nigerian employees who may want to relocate or take a secondment to the continent is also making it easier for UK companies to push their expansion plans. Analysts say despite being perceived as a high-risk country at the moment, Nigeria, with its abundant human and natural resources, sound macroeconomic climate, vast domestic market and excellent trade links with the rest of West Africa, offers one of the highest rates of investment returns in the emerging markets. http://businessdayonline.com/2014/07/british-firms-look-to-discover-boom-in-former-colony-nigeria |
The growing size and strength of its consuming class is one of the most important under-appreciated changes in Nigeria. New figures released by consulting firm McKinsey Global Institute (MGI), estimating Nigeria’s consumer market to be worth $1.4 trillion by 2030, clearly shows the huge impact rising consumption will have on the nation’s economy. In 2013, an estimated 8 million households had incomes of more than $7,500 per year – the threshold for what MGI the considers “emerging consumers,” with sufficient income to meet all basic necessities and have money left over to start buying more and better food as well as health and education services. By 2030, MGI estimates that about 35 million households (an estimated 160m people) could be living above that threshold. Nigeria’s gross domestic product (GDP) per capita has tripled between 2004 and 2010, moving from $644 to $2,700, according to National Bureau of Statistics (NBS) data. The latest (2012) Household Consumption Expenditure numbers for Nigeria’s 170 million people is estimated at N42.5 trillion ($260bn) by the NBS. The figure is larger than the previously un-rebased GDP of $262 billion (N41.6trn), and about half of rebased GDP of N80.3 trillion, throwing more light into how consumer spending is powering Nigeria’s growth. Household Consumption E0xpenditure (HCE), often the largest component when measuring GDP by expenditure, was equivalent to 58.9 percent of the rebased GDP of 70.07 trillion in 2012, according to BusinessDay’s analysis of the NBS data. While more developed markets have data points like consumer confidence gauges and chain store sales data to gauge consumer health, the absence of such data in Nigeria means that proxies such as recharge card, cement and beer sales are often used to gauge consumer sentiment. Nigerians collectively spent N449.7 billion ($2.77bn) a month, on recharge cards, according to the NBS with the major beneficiaries being the four telecoms firms (MTN, GLO, AIRTEL, and ETISALAT). Nigerian Breweries reported in March that gross revenues for full year 2013, rose by 6.3 percent to N268.61 billion as against N252.67 in the comparable period of 2012. Gross profits increased by 8.7 percent to N136.47 billion. Total monthly national household expenditure on soap and washing powder came to N149.2 billion, according to the NBS. Unilever, Procter & Gamble, and PZ are some listed names set to benefit from the growth of this sector. The fact that most Nigerians pay in full and in cash for items they purchase such as cars, houses, big screen televisions, phones and fridges, means that there is room for consumer spending to expand exponentially, if banks can help the consumer leverage their budgets through credit cards or credit financing. Consumer spending is also being boosted by Nigerians in the Diaspora who often maintain close links with home when they are away. Remittances to Nigeria approached $21 billion last year, according to World Bank data. http://businessdayonline.com/2014/07/nigerias-rising-consumer-class/ |
You just have to pity the average Muslims, they are all confused and wicked. So, die hard xtains are doing the killings in the NE. What a joke |
Kalvan: Shut up mumu. You're talking crap.Why are you running around like a chicken without any head. Boko haram supporters like you are not happy we are still standing. Alamjiri, don't worry, Nigeria will stand strong as you and supporter of APC brothers drink your own blood. |
Lordlexyy: You are void of logic. What has crime got to do with a group of gun totting rebels holding a whole nation ransom, killing at will unchallenged? The level of your desperation is irredeemable. For a start, this senseless act will not last a month in United state, and to say America failed in Afghanistan prove you have alot to learn. Like someone said, America travelled thousand of miles and successfuly dislodge a tyranic and dreadful Taliban and installed democracy and freedom, and you come here to ridicule America? You have lost it. Politics of greed and clannishness remains your undoing.Read thru your crap again, and ask yourself who is devoid of logic You hate hearing the truth about Barack Hussein Obama. Deal with your deaths as a result of gangs, guns and drugs, before trying to lecture anybody. More of you will die a violent in some parts of the United states alone than boko haram carnage in NE Nigeria. Now take your crap to a different moniker. I don't have time for your nonsense. |
ba7man: Those Crimes you listed are a far different ball game from terrorists driving into rural settlements and cities shooting innocent people, burning buildings for hours without opposition.You want to aggregate the severity of crime? suicide bombers do the same carnage as gun men going on shooting rampages in the US. Their goals are the same kill as many as you can. Please ask Obama to fix that problem. I don't know why OBAMA IS SITTING AND WATCHING. How many black youths does he want to see killed in Chicago before he stops the free blood flow. Abi, Chicago is in Nigeria. Billion dollar drugs entering their country without opposition, killing and destroying families needs his attention. American, Nigeria has problems, just as you do in America, fix yours and keep your nose out of other people affairs. By the way the problem in Nigeria is not terrorism but Islam doing what it does best. Thank God you people don't have 50% moslems population in your country, they will be doing the same thing there, as they are here. |
ba7man: America travels thousands of kilometers to go battle terrorists in their own backyard (Iraq and Afghanistan).The menace of gangs, drugs dealers/trafficker across their southern border plus children crossing their borders, a form kid's invasion is happening right under his noise. How many people died in last 100 days from crime gangs in Chicago alone? Guess who he blames for all these problems Republicans. |
Lordlexyy: Only incompetence give excuses or look for someone to blame for their failures. Just a state or two, yet trillions had gone down the drain with the situation getting messier. What better way can you recognise success or failure, but through one's actions.are you talking about yourself/ |
overhypedsteve: i do not see any government as a messiah. It would be risky for anyone to tow that line. The president of the federal republic of nigeria is empowered by statutes that we all have come to accept as the grundnorm of this republic. I do not support the president in person as i do not know him in person. I support the government of the federal republic of nigeria and the statutes that ve empowered each arms of government(section4,5,6 of the 1999 constitution). I would be considered unpatriotic and probably phoolish if i do not support this government( even obama will call you a phool if he hears that you do not support the efforts of your government as a citizen) what other government do i have? I am not a US citizen and therefore i do not believe that the president of the united states knows more about my country than its government. The US went to iraq incapacitated the hiterto bouyant iraq Army(by spoon feeding it) by doing it job for it,the iraq army was able to overun iran,kuwait and almost saudiarabia during the days of hussein but how come years after a rust in the system as a result of inactivity(the us was there to do the job) a common terrorist organisation waged an unconventional battle against it and win, the us came into my country and kept on blaming the army,the president and everyone as if they expect every operational theater to be the same. Why didnt their fancy tech and descent gadget bring back the girls. Jonathan is clueless,jonathan is clueless why dont you travel abroad and let obama lead you. Since the government and organs of government of the federal republic of nigeria is not enough to serve youGbam, 100000000 likes. |
where is the source of this news, even the anti Nigeria BBC is not reporting this story. |
overhypedsteve: how typical our gallant brothers are in the dust and swamps of sambisa, the mountains of mambila now fighting to maintain the peace you now enjoy and just because some idiots in america sat behind the sit to make some bogous stats you re here giving it credenceThe same Obama crowd, that spent days and weeks criticizing our troops for violating the rights of boko haram. The same ones supporting the APC demons with their, bringback the girls crap. But are preparing to withdraw the little to no help they provide with HIV, because we ban gay marriages. APC, demons will always find comfort in anything that brings Nigeria down. Their goal of an Islamic caliphate will always be a mirage to them. |
Gbawe:Coming from you is not a surprise. Your hopes of boko haram running over Nigeria failed. They have been contained to their neck of the woods. You will breath the fresh till 2019. You really have no choice |
Xfactoria: Don't mind the mofos!Is not their faulty, they have APC demons in Nigeria praying for boko haram to win. America will soon return to that country, we all grew up to like and admire. |
Another one kills for their blood demanding black stone in Medina. I hope her, 72 hefty men give her all the enjoyment she missed on earth. What a useless religion. |
WombRaiders: The bastard son of a wh0re is about to be impeached.The bastard is already the most unpopular president in American's history. His single goal is to bring the United states to her kneels. But America the bold and beautiful, the land of free and home of the brave, will put this Islamic jihadist where he belongs. With all the problems of Goodluck in Nigeria, Jonathan is guaranteed reelection and PDP is going to add seats across board come 2015. While Barack Hussein Obama is leading his party to an election massacre come Nov this year. Who amongst both is really despised at home? |
Sorry, Barack Hussein Obama. Your are attempt to make Nigeria another Iraq, Syria, Pakistan, Libya has failed. I hope Americans will once against elect a President ready to defend freedom, peace and justice, because this closet jihadist called Obama will not. |
texazzpete: I'm filled with a sad sense of resignation as I read the OP and the fellow m0r0ns that chimed in in support of his inane post. Are you people sane?!Present one single proof, the PEOPLE of Odi killed or help kill one single policeman, before their town was burnt to the ground. |
What else do you expect from APC propaganda machine. Fake monikers, impersonations, some even write all Nigerian languages just to cause mischief. Nevertheless, Asari is not worried about any kind of investigation, CIA, FBI, KGB, DIA, SSS are free to open their investigations regarding any aspects of his life. Like always you people will come up empty. Just ask Obj, he tried and failed woefully. |
The only people pretending to be surprised, at this news are the passive/active boko haram supporters on NL. They are waiting for the army to solve a problem, their Emirs and Imams can solve in 30 mins. You can wait till hell freezes over, because its not going to happen. Boko haram are the okada riders, traders, sons, wives and political leaders in the NE. Pretend all you want, nothing will change this fact. |
Asari, keep fumigating them, nah them go tire. ![]() |
Asked, “In your opinion, what is the major cause of terrorism in Nigeria?” 26 percent said “Election/political interest” while 21 percent of respondents answered “unemployment”. Meanwhile 10 percent, 8 percent and 6 percent of individuals polled respectively said bad government/leadership, high level of poverty and corruption is the major cause of terrorism in the country. Random attacks and acts of violence unleashed by the Islamic sect Boko-Haram in the past 4 years, has made Nigeria a major feature in the “global terrorism” discuss, even as hundreds continue to be maimed, killed and kidnapped. The poll reveals that the vast majority, about 99 percent, of Nigerians are aware of the recent activities of terrorists in the nation, as well as the abduction of the Chibok school girls that gave birth to the globally acknowledged ‘bring back our girls’ hash-tag campaign. http://businessdayonline.com/2014/07/nigerians-blame-politics-unemployment-for-terrorism-attacks-says-noi-polls
|
Nigerians consider political interests related with election issues and unemployment to be the major cause of terrorism in the country, NOI Polls released today, Tuesday, reveals. Meanwhile, slightly more than half of individuals polled said the Nigerian Government/Security agencies are doing enough to rescue the “Chibok school girls” kidnapped in April this year; 46% were of the opinion that government/security agencies are not doing enough in this regard.
|
omenka: Egbe eligwe gba aka gi ebe ahu!!Oh my goodness why are you speaking in tongues. I hope the spirit of Igbe Ame is not upon you. |
When you spend two days on a trip to Abuja, its is the African way to give you transportation money. Government did the right thing. People should share gracefully and stop making noise. |
By VINCENT UJUMADU AWKA — The Anambra State government has abandoned the Government House complex named after the first Nigerian President and Owelle of Onitsha, Dr. Nnamdi Azikiwe, after investing about N3 billion in the project. A trip to the abandoned building showed that mad people and hoodlums have turned the entire complex into their homes. The bush around the complex has reached the size of the forest it was at the time the land was acquired for the project. The project was initiated by the military regime soon after the creation of the state in 1991. N300 million, N3 billion and Irrevocable Payment Order Initially awarded for N300 million, to a business mogul, Prince Arthur Eze, the contract sum was reviewed upwards between 1999 and 2003. At the time the project was finally abandoned during the administration of Dr. Chris Ngige, when he stopped the controversial Irrevocable Payment Order, IPO, that entailed deducting N10 million monthly from the state’s Federation Account to service the contract, a whooping N3 billion had been sunk into the new Government House project in Awka. Before it was abandoned, all the buildings in the complex had been roofed, but at present, most of the fittings had been vandalised. The hoodlums have also removed the long span aluminium used in the roofing without resistance from anybody. The ambitious project has been described as a “bottomless pit,” considering the enormous financial and other resources put into it. On completion, the Government House would have served as the governor’s office, governor’s lodge, guest houses and offices for Government House staff. Arthur Eze and Chis Uba The project, initiated by the then Colonel David Attah’s administration, was started by the Chinwoke Mbadinuju’s administration in1999. The contract was awarded to a company originally owned by the business mogul, Prince Arthur Eze, but somewhere along the line, the renowned godfather of Anambra politics, Chief Chris Uba took over the job. Apparently because of the size and the level of work required before it could serve the people of the state, the immediate past governor of the state, Mr. Peter Obi, initiated a completely new Government House and Governor’s Lodge project in another location in Awka. Contracts for the two projects were awarded before Obi left office and the present governor, Chief Willie Obiano had continued with the execution of the new Government House at the Agu Awka area. Complex and Anambra Varsity Hospital The Commissioner for Housing and Urban Development, Chief Lawrence Chinwuba said in an interview that the state government may convert the abandoned Government House to an arm of the Anambra State University Teaching Hospital. Chinwuba, however, said that it did not make economic sense to abandon the complex after so much resources had gone into it. - See more at: http://www.vanguardngr.com/2014/07/mad-people-take-ziks-n3bn-govt-house-complex/#sthash.XXWO50X4.dpuf |
Former Aviation Minister Femi Fani-Kayode has said that All Progressive Party (APC) could not defeat the Peoples Democratic Party (PDP) candidate, Sen. Iyiola Omisore on Aug. 9, stressing that the party “ will win convincingly. Speaking with newsmen today on the upcoming gubernatorial election, the Ile-Ife-born politician said he was confident of PDP ‘s victory. He said the people of Ife would vote massively for PDP’s candidate, Omisore, who he described as a true son of Ile-Ife. “This is an opportunity for the people of Ife to have their own person at the executive level in the state. “Omisore was a Deputy Governor, my father was a Deputy Prime Minister in the old Western region. “This time around, we are going for the highest executive level in Osun because Omisore has what it takes to be governor,” he said. The former minister expressed the view’. (NAN) - See more at: http://www.vanguardngr.com/2014/07/osun-2014-pdps-omisore-will-defeat-apc-convincingly-fani-kayode/ |
atlwireles: Don't use Zainab El-Rufai to make your noise. Once again My brothers daughters are my kid. If my household loses three kids in 3-4 years, we owe it, to ourselves to check what's going on. Don't waste your time, you will not get far with me. |
It is unclear why the presidency stocks millions of naira in cash at the presidential villa for distribution to visitors at a time the Central Bank of Nigeria is aggressively pursuing a cashless Nigeria agenda. ![]() ============== An alleged N100million cash gift given to parents of abducted Chibok girls by President Goodluck Jonathan after a meeting at the Presidential villa on July 22 has sparked disagreement between some of the parents and leaders of the Chibok community in Abuja, the BBC Hausa service is reporting. The presidency, the report said, allegedly released the funds to leaders of the Chibok community in Abuja for onward passage to parents of the kidnapped schoolgirls. But some of the parents are now alleging they were shortchanged by the community leaders. One parent, who was among those who visited the president, told BBC’s Abdu Halilu that he got only N200,000. “I got only N200,000 out of the said N100million allegedly received by our leaders in Abuja. Some of us got N300,000 and some less than that,” he said. He also said that he was not comfortable with the way the money was shared among the parents of the kidnapped girls and that he was shortchanged. “Our leaders in Abuja are using the girls to enrich themselves. In fact, some of the parents were screened out of the entourage by the Chibok leaders in Abuja. Many of them are residents of Abuja, not parents of the kidnapped girls,” he said. Another parent, who was screened out of the delegation that visited the president, said he got only N7,000 out of the money shared. “I was at the farm when they brought the N7, 000 to my house and I collected it. Some of us got even less, N300 and below,” he said. The parents stressed that they were not selling their daughters and that the money from the President just came to them without their asking for or expecting it. One of the community leaders, Pobu Bitrus, who is also a member of the House of Representatives, was at the meeting with the president. He explained to the BBC that after meeting with the president, monies were distributed to the parents in envelopes. “After we met with the presidency, the parents were given monies in envelopes and that’s all. All other things they are saying about N100million, I don’t know about that,” Mr. Bitrus said. It is unclear why the presidency stocks millions of naira in cash at the presidential villa for distribution to visitors at a time the Central Bank of Nigeria is aggressively pursuing a cashless Nigeria agenda. Mr. Jonathan’s spokespersons, Reuben Abati and Doyin Okupe, could not be reached to comment for this story. They did not answer or return calls made to their mobile telephones. After about three months of prevarication, President Jonathan finally agreed to meet with the parents of the abducted girls after he was persuaded to do so by Malala Yusoufai, the Pakistani teenager who champions the cause of girl child education. The presidency has faced intense criticism over its handling of the kidnap of the Chibok girls being held by the extremist Boko Haram sect since April 14. - See more at: http://www.premiumtimesng.com/featured-news/165749-president-jonathans-alleged-n100million-largesse-tears-chibok-parents-leaders-apart.html#sthash.Dsr0ezM7.dpuf
|
[s] berem: I didn't even see the bold sef. See you telling someone to do a soul searching,when will you search your own soul and see how miserable you sound and look?[/s] |
1 2 3 4 5 6 7 8 ... 198 199 200 201 202 203 204 205 206 (of 281 pages)
You hate hearing the truth about Barack Hussein Obama. Deal with your deaths as a result of gangs, guns and drugs, before trying to lecture anybody. More of you will die a violent in some parts of the United states alone than boko haram carnage in NE Nigeria. Now take your crap to a different moniker. I don't have time for your nonsense.