Politics › Re: Gambia President Abuses President Buhari, Rejects Him As Mediator - AIT News by BeeBeeOoh(m): 5:52pm On Dec 17, 2016 |
Dullardity is when a man that didn't concede defeat many times which prompted to loss of lives leading a group of persons to persuade another person to concede defeat..
Stupidity is when a man that overthrew democratically elected government is forming a democrat.. |
European Football (EPL, UEFA, La Liga) › Re: Crystal Palace Vs Chelsea (0 - 1) ON 17th December 2016 by BeeBeeOoh(m): 2:44pm On Dec 17, 2016 |
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European Football (EPL, UEFA, La Liga) › Re: Crystal Palace Vs Chelsea (0 - 1) ON 17th December 2016 by BeeBeeOoh(m): 2:22pm On Dec 17, 2016 |
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European Football (EPL, UEFA, La Liga) › Re: Crystal Palace Vs Chelsea (0 - 1) ON 17th December 2016 by BeeBeeOoh(m): 2:19pm On Dec 17, 2016 |
I don't support anybody here. Chelsea & Crystal Palace please, just give me over 2.5. Dazzol
Edakun epp me |
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Crime › Re: See The Conditions Of Prisoners In Delta State That Will Make You Cry(photos) by BeeBeeOoh(m): 8:54am On Dec 17, 2016 |
Where is that baboon that said sometime ago that the expenses on each prisoner is N13,000 per day?? |
Politics › NJC Sacks 2 Judges Over Misconduct - Leadership by BeeBeeOoh(op): 6:06am On Dec 17, 2016 |
The acting chief justice of Nigeria (CJN) and chairman of the National Judicial Council (NJC), Justice Walter Onnoghen, has asked two serving judges to vacate office with immediate effect.
The two judicial officers are Justice Ugbo Ononogbo of the Abia State High Court and Hon. Justice Nasir Gummi of Zamfara State High Court. Apart from recommending the dismissal of Justice Ononogbo to the governor of Abia State, the Council also recommended that the judge, the assistant chief registrar, Probate Division of Abia State High Court, Udeka N. C., and E. M. Ojiako, Esq, be handed over to the police for investigation
A statement signed by the NJC’s acting director for information, Mr. Soji Oye, stated that Justice Ononogbo was recommended for dismissal over allegations of corruption and judicial misconduct. According to the statement, the judge had in Suit No: HOH/25/2013, between Mrs Nnenna Enweliku and four others Vs Udensi Dike Udensi and two others, made a blanket order for the payment of unascertained amount as estate fee from the Access Bank account of the late Lord Chief Dike Udensi Ifegwu to the Probate Registrar of the High Court.
The statement further revealed that the assistant chief registrar, Probate Division of the Court, Mr. Udeka U. C., was said to have altered the order of the judge in a letter to Access Bank requesting the bank to release the sum of N200 million into the personal account of E. M. Ojiako, Esq, counsel to the applicant in the suit, a request which the bank refused to honour.
It revealed further that the judge also granted a second order to vacate the first order directing the bank to pay any money assessed by the Probate Registrar for the estate fee of the late Lord Chief Dike Udensi Ifegwu into the personal account of E. M. Ojiako, Esq, without ascertaining the assessment made by the Probate Registrar.
“Out of the N200 million withdrawn as a result of the second order, E. M. Ojiako, Esq, only paid the sum of N83 million to the Probate Registry.
“There were discrepancies between the representations of parties in the order made by the respondent and the representation of parties in the Record Book of the court to which Hon. Justice Ugbo Ononogbo admitted that he did not vet the order before signing same and that it was an oversight,” the statement noted.
On his part, Hon. Justice Umar Nasir Gunmi was recommended for compulsory retirement from office to Zamfara State Governor Abdul Aziz Yari sequel to the findings of Council following allegations he failed to deliver judgement in Suit No: ZMS/GS/13/2013, Chiroma Vs Forte Oil Plc, almost 23 months after the final address by all counsel in the suit, contrary to the constitutional provisions that judgements should be delivered within a period of 90 days.
According to the statement, the judgement in the suit was altered by changing the word “dismissal” to “struck out” to which his court registrar, Hayatu Wadata Bungudu, admitted was done by him, after which he informed the judge on phone, as he was out of the state at the time.
“That the Hon. Judge assumed jurisdiction in the matter by a ruling, only to dismiss the same action 22 months after, for lack of jurisdiction, after the cause of action had lapsed.
According to the Council, the allegations against Hon. Justice Ugbo Ononogbo and Hon. Justice Nasir Gunmi constitute misconduct contrary to Sections 294 (1) and (6) of the 1999 Constitution of the Federal Republic of Nigeria, as amended, and Rules
3 (i), 11(ii) and 2 of the National Judicial Council Revised Code of Conduct for Judicial Officers of the Federal Republic of Nigeria.
“The Council will write to the Zamfara State Judicial Service Commission to take appropriate action against Hayatu Wadata Bungudu, Registrar of Hon. Justice Gunmi’s court, for altering his judgement.”
Some other judges received warnings from the Council.“Council at the meeting also resolved to issue a letter of strong warning to Hon. Justice D. O. Oluwayemi of Lagos State Judiciary for granting an ex-parte order in Suit No: LD/2393LMW/16, relying on an affidavit of urgency which disclosed no threat of destruction of rights, or interest, in the subject matter of the dispute without putting the other party on notice. http://leadership.ng/news/564204/njc-sacks-2-judges-over-misconductLalasticlala, Mynd44 |
Politics › Re: Lagos To Generate Electricity From Garbage by BeeBeeOoh(m): 6:04am On Dec 17, 2016 |
Nice one from Ambode. Thumb up |
Politics › How States Are Coping In This Recession (See List) by BeeBeeOoh(op): 5:29am On Dec 17, 2016 |
Oil revenue is the backbone of the Nigerian economy and provides the bulk of government revenue as well as foreign exchange earnings. Crude oil exports account for about 90 percent of the nation’s foreign exchange earnings and 80 percent of government revenue, pushing other sectors like agriculture to the background. But the sudden decline in the price of crude oil in the international market has exposed the country’s mono-product economy to volatility. The IMF and the Central Bank of Nigeria (CBN) earlier in the year agreed that the Nigerian economy had plunged into recession.
Recession means a negative real GDP growth rate for two consecutive quarters. Experts therefore say Nigeria is experiencing economic recession since her first and second quarters growth in 2016 are -1.7% and -2.06%. The declining federal revenue has in turn, led to reduced monthly allocation to the states, most of which are currently unable to pay workers’ salaries or meet other obligations. Our correspondents take a look at how some of the states are coping with the recession.
ANAMBRA
Anambra State has been depending largely on its Internally Generated Revenue (IGR), as well as domestic borrowing, estimated at N1.2billion monthly and N10 billion respectively for survival. It was also generating revenue through tax until its suspension following the advent of the economic recession with the introduction of the Economic Stimulus Package targeted at cushioning the impact, and to help the local economy weather the storm.
The state governor, Willie Obiano, while presenting his 2017 budget address to the state assembly, said the state had continued to honour her financial obligations and was paying salaries and pensions as at when due, despite the challenges caused by the current recession. He also disclosed that the state had attracted $4.5bn from over 29 firms, as well as over $494m through the Anambra State Investment Promotion and Protection Agency (ANSIPPA).
Other areas the state explores to make up for the paucity of funds is proceeds from agriculture, including the production of rice as well as exportation of produce to the US and the UK.
OYO
A few weeks ago, Oyo State Governor Senator Isiaq Abiola Ajimobi announced a slash in the salaries and arrears of the state’s political appointees by 50% following the continued drop in federal allocation. The state government equally announced that it had succeeded in blocking all tax holes with the physical verification exercise embarked upon recently, exposing ghost workers.
According to the Secretary to the State Government, Mr. Olalekan Ali, the political office holders’ salaries and arrears cut is part of the measures put in place by the administration to reduce the cost of governance.
Ali assured the people of the state that the hope for a quick recovery from the economic recession is expected was the administration was not relenting in its efforts at food security through its Agric-Oyo programme and establishment of 10,000 metric tonnes of silos in Oyo township.
Adamawa
The Adamawa State government has reduced the salaries of political appointees to reduce the cost of government. Although the measure was announced at the beginning of the administration, Governor Muhammadu Jibrilla recently said he would be flying commercial aircraft due to the current recession.
Martin Dickson, the Special Assistant on Media, said the governor had reduced the number of his entourage to consist of only one to two aides. He noted that the measure allowed government to save a lot of money to cope with the economic recession.
Jibrilla told journalists that his trips outside the country were justifiable and were in the interest of the people. Despite the thrifty measures, the state government owes primary school teachers four months salaries and three years leave grants while the pensioners association in the state has complained that its members were dying of frustration over non payment of monthly pensions.
BORNO
In Borno State, Governor Kashim Shettima had since anticipated the possible decline in Nigeria’s fortunes. The Governor’s Special Adviser on Communications and Strategy, Malam Isa Gusau, recalled that as far back as 2013, Shettima was already preparing Borno to respond to difficult economic situations.
“Not just because he is a trained economist, he also imported agricultural machinery worth nearly N50 billion and had some savings for the state in preparation for tough times,” Gusau said.
On the specific toll recession took on Borno State, he said, “I think in the case of Borno, the issue is rather about the Boko Haram insurgency, not recession. The unfortunate situation made Borno to have almost nothing as IGR, while at the same time dealing with the crisis of managing victims of insurgency and rebuilding communities. But like I said, the governor anticipated the fall in oil revenue and was able to prepare for it.”
KANO
From inception, the Abdullahi Ganduje-led administration in Kano State adopted various measures for managing the ongoing economic recession including slashing the salaries of political appointees by 50 per cent and boosting IGR, among others.
The government also employed the services of nine private revenue-generating firms to enhance revenue collection. According to the Director-General of Media and Communications to the governor, Alhaji Salihu Tanko Yakasai, the IGR has improved from less than N1billion to N3billion per month.
Also, the Chairman of Kano State Board of Internal Revenue, Alhaji Sani Dembo confirmed that the state had from January this year to date generated a total of N18bn internally. Another measure taken by the state to minimize the impact of the recession is reducing the number of the ministries from 18 to 14.
BAUCHI
In Bauchi State, the administration of Governor Mohammed Abdullahi Abubakar, has faced the challenge of paying-off a four-month backlog of salaries and unpaid pension arrears running into billions of naira. These challenges prompted the administration to adopt cost-cutting measures, block leakages, cut spending and encourage prudence.
However, the first move by the state government to save money was the verification of workers to ascertain the number of staff on the state and local government payroll which the government thought had an astronomical drain on its finances without a corresponding result.
According to the government, the discovery of ghost workers in the state civil service who have been flushed out has saved the state a substantial amount of money, to be channelled into other sectors.
AKWA IBOM
In Akwa Ibom State, the administration of Governor Udom Emmanuel has been able to put certain measures in place to bring the impact to the barest minimum and keep the state afloat.
Some of the measures put in place to minimize government spending have attracted criticism from several quarters as many who were used to, and were beneficiaries of the spending of the previous administration have accused the governor of being too stringent.
Udom ordered for the audit of the state civil service through the biometric verification method. About 9,000 ghost workers and ghost pensioners were discovered and huge sums of money were paid to them as salaries and other entitlements. The discovery has saved the state a lot of money.
The government also strengthened its tax collection to boost revenue. In this respect, the government said it would treat all tax evaders as saboteurs.
LAGOS
Lagos State Governor, Mr. Akinwunmi Ambode, had on many occasions disclosed that despite the current economic situation, the overall 2016 budget performance of the state as at half year, recorded 70 percent, while total revenue recorded 73 percent. Prior to the recession, Lagos State had deliberately embarked on a cautious drive to improve its IGR.
Between June 2015 and June 2016, the state received N178 billion from federal allocation. However, the IGR for the same period was N268billion, higher than that of 32 states combined. The 32 other states merely generated a total of N257bn in 2015.
Ambode said the state would reduce dependence on federation allocation by increasing its IGR to a monthly target of N30 billion in 2017 and subsequently N50billion monthly in 2018 as it targets a yearly budget of N1 trillion by 2018.
KADUNA
The first thing Governor Nasir El-Rufai did last year was to cut his salary and that of his deputy by 50 percent. He later extended the measure to all political appointees. That not enough, in September the government suspended the free feeding programme in primary schools it introduced late last year, saying it could not bear the cost.
Also, to save cost, the state government had to award contract for jobs through a system it calls retainership which spreads the payment in bits of instalments that do not take a full chunk from the government.
The Kaduna State government also had to put measures to increase its IGR, made possible through the introduction of a new tax code enacted by the state House of Assembly which centralised all revenue collections in the Kaduna Internal Revenue Service. There is no cash collection, which increased the state government’s revenue by nearly 50 per cent.
BENUE
Benue State, like several others in the country is in financial mess following the continued dwindling allocation from the Federation Account Allocation Committee (FAAC). It would be recalled that at the wake of the present administration of Governor Samuel Ortom, there was the initial problem of paying workers owed between four and six months salaries by the previous government.
The development, it was gathered forced the new governor to access a N10 billion loan out of which he expended N7.5 billion on payment of two months salaries to workers in the state. Ortom had claimed that he inherited a total debt of salaries, pensions and gratuity which stood at N69 billion before the federal government came to its rescue with a bailout of N28 billion out of which many workers were also settled.
Ortom, who had formally dedicated the state to God for His divine intervention in May this year, appealed to the people to return to agriculture in order to revamp the ailing economy, stressing that even the meagre amount gotten from the federation account could not cater for the people’s needs.
At the moment, the government appears to be encouraging investment in Small and Medium Enterprises (SMEs) as well as promoting agriculture-driven industrialisation.
KWARA
The Kwara State government has continued to close the gap created by the ongoing recession through improved IGR. Many aspects of the state are affected to the extent that some companies have relocated. It is more affected by the recession since it is mostly a civil service state where majority of activities depend largely on salaries.
The Kwara government saw this coming, and came up with an improved IGR technique, by setting up an agency to aggressively drive it. The agency came on board in October last year, and is said to have helped greatly by blocking most of the loopholes that have affected the state revenue.
Another system adopted by the state government is the establishment of the Kwara Infrastructure Development Fund, which will fund all developmental projects in the state.
CROSS RIVER
Critical analysts have challenged the Cross River State Governor, Ben Ayade, to transact government business transparently by disclosing sources of funds with which he uses to run government business, prosecute projects and pay salaries regularly, so that they would know if he was drawing funds from questionable sources that could plunge the state into irredeemable indebtedness.
Last week, despite the economic recession in the country, the governor staged a much criticised African Beauty Pageant where he sponsored 21 girls from different African countries to Calabar, capital of the state, and reportedly spent about $80,000 for prizes and logistics. Ayade had said he was staging it to draw better international attention to climate change and what the state was doing in that direction.
Cross River citizens like other Nigerians are experiencing hard times since the state was never a business-oriented one.
JIGAWA
Jigawa State Governor, Mohammed Badaru Abubakar, recently told journalists that due to the drop in the state’s revenue, a major problem confronting the state was the issue of salaries. To solve it, he had to call for a meeting with ministries, departments and agencies. They discussed how to cut the cost of running government without compromising efficiency and quality service-delivery, and the exercise helped stabilize the government.
The payment of salaries and standing orders which amounted to N1.5 billion has been significantly reduced, and helped in saving about 50 percent. Spending of N100 million monthly on diesel for powering street lights across the state was reduced to N72 million from N100 million.
While he denied plans to sack workers en masse, Badaru declared in February this year shortly after the swearing in of local government councils caretaker committee that his government could not conduct council elections because of lack of funds.
RIVERS
Rivers State Governor, Nyesom Wike, has stated in many fora that the present economic recession in the country would not in way affect the deliverance of infrastructure and payment of salaries of civil servants.
The State government has also improved on its IGR drive as over N7bn is generated monthly. The state has also borrowed money from banks, part of which was used to pay outstanding salaries of civil servants as well as financing of infrastructure.
ENUGU
Enugu State Governor, Ifeanyi Ugwuanyi, seems to have learnt to cut his coat according to his cloth, to avoid needless spending. At the moment, the administration appears not to be bothered about embarking on many capital-intensive projects, aside the on-going road project at the university town of Nsukka.
Presently, the administration is maintaining urban roads, servicing the state civil service, paying workers salaries and other essentials. Aside the monthly federal allocation which has generally reduced, the state government collects revenue through taxes, levies, etc to be able to run the government at the state level.
YOBE
In Yobe , Governor Ibrahim Gaidam has taken radical steps to reduce the cost of governance in order to rescue the state from its precarious financial difficulties. Early in 2016, the government cut down its overhead cost by 50 percent to channel it to other areas of importance.
The situation also forced the government to carry out staff audit at state and local government levels. This has helped the government to remove ghost workers from the salary payrolls and reduce leakages. Recently, the state government sacked some civil servants that were defrauding the state over N20 billion using lists of ghost workers in the state salary payroll.
OGUN
Since the federal allocation nosedived about 15 months ago, the Sen. Ibikunle Amosun administration has been struggling to survive. More evidence of the administration living above the recession and the lean federal allocation has been in support given to investors. Checks revealed that no fewer than 423 companies with a minimum of over N2 billion investment capital are currently operating from Ogun State.
At a town hall meeting held ahead of the presentation of the 2017 budget last month, Amosun hit at public servants who had then embarked on an indefinite strike. He accused the workers of being insensitive with their demands and at a time of economic recession. “Some are not using their brains. I cannot give what I don’t have,” he said.
ABIA
Since the assumption of the present administration in Abia State, the executive arm of government decided to cut down their salaries and allowances by 50 percent. However, successes so far recorded by the administration in healthcare, security, agriculture, housing and road construction and rehabilitation are as a result of prudent management of scarce resources.
The dream of the Governor Okezie Ikpeazu-led administration in Abia State is to leave a lasting legacy of sustainable development and transformation in the State. http://www.dailytrust.com.ng/news/general/states-battle-through-recession/176366.html
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Politics › Re: Nuhu Ribadu, Hamid Ali Tipped To Replace Magu At EFCC by BeeBeeOoh(m): 3:41am On Dec 17, 2016 |
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Politics › Senate Gives Conditions For Magu's Reconsideration by BeeBeeOoh(op): 3:01am On Dec 17, 2016 |
The Senate has said it may reconsider its refusal to confirm the appointment of the Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, if President Muhammadu Buhari provides the necessary explanation for it to do so.
It said the explanations to be made by President Muhammadu Buhari, who had nominated Magu, would determine whether the nominee would be considered or not.
The lawmakers had on Thursday rejected Magu’s nomination by the President as the substantive chairman of the anti-graft agency based on a “security report” on him.
A security report by the Department of State Services, in which Magu was accused of various corruption-related offences, had caused the Senate to reject his nomination.
The Chairman, Senate Committee on Media and Public Affairs, Senator Sabi Abdullahi, on Friday told one of our correspondents that the lawmakers had taken their decision on the matter and it was left for Buhari to take the next step.
He said, “This is not an issue that is ambiguous and I will not take issue with anybody. What we have said is very straightforward and unambiguous. It is not our responsibility or in our power to tell Mr. President what to do.
“It is his prerogative and for every action taken, there must be a basis. Let him take any action but, of course, he will base his action on explanations. If that happens, we will take his explanations based on their face value and see. Until then, our decision is very simple. It is unambiguous; that is what we said from the beginning and that is what we stand by.”
Meanwhile, the Senate on Friday said the rejection of Magu would be communicated to the Presidency by next week.
The Chairman, Senate Committee on Media and Public Affairs, in a separate interview with one of our correspondents, said the communication would undergo legislative process before getting to the President.
He said, “Allow us to do our job. This thing (rejection) just happened yesterday (Thursday). There is a procedure for the communication. We took the decision yesterday. Is the letter not going to be written? Is that the only issue that they (Presidency) have to deal with?
“This thing happened yesterday and who should do the communication? Is it not the clerk? Between yesterday and today, are there not so many things to be done? Is that the only thing we have ahead of us?
“We have taken our decision and the procedure for communicating it is there. Allow it to happen. Wait till next week and see whether it will be communicated (to the Presidency) or not.”
Buhari waiting for Senate’s communication
The Presidency on Friday said Buhari would wait for the Senate to formally communicate its position on Magu’s case before taking a decision on the matter.
The Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, said this in an interview with one of our correspondents.
Adesina said until the President receives the formal notification, no decision would be taken on the matter.
The presidential spokesman said, “You will recall that what the Senate said was that it will communicate the lawmakers’ position on Magu’s nomination to the President.
“President Buhari is still waiting for that communication. When he receives it, he will decide on the next line of action.”
Resolutions: Upper chamber inaugurates committee on compliance
In a related development, barely 48 hours after calling on the President to immediately sack the Secretary to the Government of the Federation, Babachir Lawal, over his alleged involvement in a contract scam, the Senate has set in motion a machinery to ensure strict compliance by the Presidency to all resolutions reached by the National Assembly.
The decision to ensure compliance on the path of the executive arm of government led to the constitution of the Senate Committee on Legislative Compliance, which was inaugurated on Thursday evening.
President of the Senate, Bukola Saraki, while delivering his inaugural speech, said the inauguration of the committee was to ensure that “the resolutions of the upper chamber of the National Assembly are not abused” by the executive arm of government.
According to Saraki, one of the responsibilities of the committee is to “ensure that some of the laws passed by the National Assembly are strictly adhered to” by the relevant ministries, departments and agencies of government.
The Chairman, Senator Babajide Omoworare, in his remarks, said the Senate Committee on Legislative Compliance was constituted in accordance with the provisions of Section 62(1) of the 1999 Constitution as amended, and in compliance with Chapter XIII of the Senate Standing Order. http://punchng.com/senate-gives-condition-magus-reconsideration/
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Politics › Re: "My Other Half" - Excited Zahra Buhari Gushes Over Her Husband by BeeBeeOoh(m): 10:25pm On Dec 16, 2016 |
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Celebrities › Re: Ice Prince Looking Swagged Up In South Africa [PICS] by BeeBeeOoh(m): 9:06pm On Dec 16, 2016 |
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Politics › Re: "My Other Half" - Excited Zahra Buhari Gushes Over Her Husband by BeeBeeOoh(m): 8:55pm On Dec 16, 2016 |
HML to them.. But, In flavour's voice, Ebidosia o na-afio nu darling darling, ebidosia o na-ada sweetie sweetie, ebidosia o na-adakwa I love you I love you. Onyezi mazikwanu mgbe oga ebido(x2), gidigi-gagaga ka o ga na-afio nu, yayaya-wuwuwuwu yawa go gas, nwatakili a iji mu n'olu, nwa baby iji mu n'olu oh. Aga m adikwazinu wiser eeeeh, that I'll be wiser eeh, aga m adikwazinu clever eeh, that I'll be clever eeh. Somebody should please help me sing MI's part  |
Celebrities › Re: Wizkid And Family "Begging" Binta, His Second Babymama [PICS] by BeeBeeOoh(m): 2:53pm On Dec 16, 2016 |
sisipelebe: The evidence got me laughing. but whizzy no get big head na? Check the forehead nah |
Politics › Re: Why APC Is Interested In Anambra— Okorocha by BeeBeeOoh(m): 8:00am On Dec 16, 2016 |
omofunaab: I seriously doubt if anambra people will vote APC.
They were the ones that tagged Apc amala and ewedu party.. That state ehn You are still doubting, Anambra don't wanna hear anything that sounds like APC, if you can advice Ngige or whoever they are tryna front for Anambra guber that he/she has failed woefully.. |
Politics › Re: Why APC Is Interested In Anambra— Okorocha by BeeBeeOoh(m): 7:45am On Dec 16, 2016*. Modified: 8:52am On Dec 16, 2016 |
Its easier for Anambra people to vote for the devil than voting for APC. Even Obi of Onitsha will fail woefully in Onitsha.. |
Business › Re: Inflation Rate Rises Slightly In November by BeeBeeOoh(m): 6:08am On Dec 16, 2016 |
BoleynDynaSTY: so you're one of those who aren't being fair to bubu abi  Please dear, when has listing someone's achievements became a crime?? We(I) are trying to let the world see buhary's achievement s nah  |
Celebrities › Re: Wizkid And Family "Begging" Binta, His Second Babymama [PICS] by BeeBeeOoh(m): 6:02am On Dec 16, 2016*. Modified: 10:14am On Dec 16, 2016 |
I thought he was forming kingkong even when the evidence(the boy's head) is glaring |
Business › Re: Inflation Rate Rises Slightly In November by BeeBeeOoh(m): 5:59am On Dec 16, 2016 |
BoleynDynaSTY: Yes his daughter just landed a billionaire husband....isnt that something good  oh I forgot. By next week rice will sell for N5000 per bag, our economy will start booming, people that were sacked will be called back, $1 will be equal to N1, light will be 24/7, PMS will be N40 per litre Sai Barber |
Crime › Re: Lady Robbed On Eko Bridge Last Night Narrates Her Traumatizing Experience by BeeBeeOoh(m): 5:50am On Dec 16, 2016 |
And when angry mobs makes an arrangement for them to meet their maker on time people will start crying foul? Auntie take heart, they will meet their Waterloo very soon.. |
Politics › Subsidy Removal: FG Saves N15.4bn Every Month, Says Osinbajo by BeeBeeOoh(op): 5:32am On Dec 16, 2016 |
The Federal Government said the deregulation of the downstream sector and eventual elimination of the petroleum products subsidy has removed its monthly burden of N15.4billion in 2016.
The Vice President, Prof. Yemi Osinbajo who spoke at the Ministry of Petroleum Resources (MPR) year-end scorecard presentation and Joint Venture (JV) cash call signing in Abuja yesterday it would fetch about $15billion worth of investments for the oil and gas sector.
Represented by the Attorney General of the Federation (AGF), Mr. Abubakar Malami, the VP said the JV funding will also raise crude oil production capacity to 2.8million barrels per day through participating International Oil Companies (IOCs) like Mobil and Chevron.
Transparency has brought reforms to the sector under President Muhammadu Buhari’s administration and efforts are on to account for every drop of crude oil that has been extracted,” he noted.
The Minister of State, Dr. Emmanuel Ibe Kachikwu, in his address said the saboteur of oil and gas infrastructures this year in the Niger Delta affected the national production output in deferment of 700,000 barrels daily of crude oil production.
He lauded the president’s support for launching the ministry’s 7 Big Wins in October which included policy and regulation, gas revolution, refineries and local production capacity.
Kachikwu said oil price is rising $55 per barrel for the first time in 16 months due to Nigeria’s key role in negotiations with non Organisation of Petroleum Exporting Countries (OPEC) producers to cut production by 600,000 barrels per day. However, he said Nigeria successfully negotiated for an exemption from the production freeze. http://www.dailytrust.com.ng/news/business/subsidy-removal-fg-saves-n15-4bn-monthly-says-osinbajo/176210.htmlLalasticlala, Mynd44 |
Business › Re: Inflation Rate Rises Slightly In November by BeeBeeOoh(m): 5:20am On Dec 16, 2016 |
Can anything good come out buhary?? |
Politics › Re: Zahra Buhari's Cultural Henna Pre-wedding Party (Photos) by BeeBeeOoh(m): 5:14am On Dec 16, 2016 |
Pidgin2: I thought they say Buhari is not rich Buhari Is Not Rich.. Source: Nairaland Resident Zombies |
Investment › Re: 25 Pictures Only MMM Participants Can Relate To by BeeBeeOoh(m): 5:11am On Dec 16, 2016 |
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Politics › Re: Magu Will Be EFCC Chairman, Whether They Like It Or Not – Itse Sagay by BeeBeeOoh(m): 4:57am On Dec 16, 2016 |
Please, what is Itse SaGAY??  |
Career › Re: Exxon Mobil Lagos Sacked Over 100 Nigerian Workers.. by BeeBeeOoh(m): 4:54am On Dec 16, 2016 |
Another feather to the dullard's cap. All hail Buhary |
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Education › Re: Top Campus Fraternities In Nigeria by BeeBeeOoh(m): 9:50pm On Dec 15, 2016 |
I don't know what to say sef.. |
Politics › Re: Dino Melaye Vs Babachir Lawal (Corrupt SGF) - Video by BeeBeeOoh(m): 9:10pm On Dec 15, 2016 |
Every MB used to watch this documentary really worth it, Dino finished Babachir Lawal no be here I tells you..
Can't stop laughing |
Politics › Re: Dino Melaye Vs Babachir Lawal (Corrupt SGF) - Video by BeeBeeOoh(m): 9:03pm On Dec 15, 2016 |
Someone should tell Dino Melaye that I BeeBeeOóh is standing with Him..
This is epic mehn!
Epileptic Parapoism, I duff for Dino |
Romance › Re: Woman Mistakenly Exposed Her Intimacy Gadget While Eating At An Event (Photo) by BeeBeeOoh(m): 6:43pm On Dec 15, 2016 |
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