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Politics‘buhari’s Character, Integrity Unimpeachable’ by bugs2(op): 9:41am On Dec 19, 2014
The General Muhammadu Buhari Campaign Organisation has condemned what it described as desperate and despicable attempts by the Peoples Democratic Party (PDP) to denigrate the person and impugn the character of the All Progressives Congress (APC) presidential candidate.

It said the PDP is bewildered by the emergence of a politically and morally impregnable candidate on a popular national platform, the APC.

In a statement by its communications director Mr Dele Alake, the organisation described as absurd the claim by Senior Special Assistant to President Goodluck Jonathan on Public Affairs, Dr Doyin Okupe that Buhari is trying to make poverty a virtue.

Okupe was quoted as saying: “Buhari is trying to make poverty a virtue but poverty is not a virtue. The fact that Buhari has left office for so long and says he is so poor, is nothing to celebrate, it is indeed indolence and shameful. Is that a role model? Is that who you will want your child to be, a poor man?”

The organisation said this “arrogant statement” demonstrates the utter alienation of the Jonathan administration from the existential realities of the vast majority of Nigerians.

Read full story
http://monitor9ja.com/2014/12/buharis-character-integrity-unimpeachable/
EducationWorkers’ Protest Paralyses Ekiti Federal University Oye-ekiti by bugs2(op): 9:34am On Dec 19, 2014
Activities at the Federal University, Oye-Ekiti (FUOYE), Ekiti State, were paralysed yesterday as workers protested poor conditions of service.

The Vice Chancellor, Prof. Isaac Asuzu, and other senior officials stayed away from work as the protesters barricaded the access road to the campus, singing war songs.

The protesters, comprising academic and non-academic staff, trooped out from 7am, blocking the Ado-Ikole-Omuo-Lokoja Road, which leads to Abuja. They lit bonfires on the road.

Travellers were stranded as vehicles with passengers took alternative routes.

The protesters urged President Goodluck Jonathan and Education Minister Ibrahim Shekarau to probe the finances of the university.

They accused the vice chancellor and bursar of lack of transparency.

They said FUOYE workers earn less than their counterparts in other federal universities.

The placard-carrying protesters claimed that Asuzu denied them of hazard and relocation allowances, regretting that workers with lower qualifications are placed above those with higher degrees.

Read full story
http://monitor9ja.com/2014/12/workers-protest-paralyses-ekiti-federal-university/
PoliticsFalana To Appeal Death Sentence On 54 Soldiers by bugs2(op): 9:27am On Dec 19, 2014
Lagos lawyer Femi Falana (SAN) has asked the Federal Government to stop the killing of 54 soldiers sentenced to death on Wednesday for mutiny by the general court martial sitting in Abuja.

Falana promised to appeal against the decision of the court-martial, which convicted the soldiers.

“We shall take all necessary legal measures to prevent the army authorities from giving effect to the genocidal verdict of the court-martial,” he stated in a statement issued in Lagos.

The general court-martial tried another batch of 59 soldiers for conspiracy to mutiny and convicted and sentenced them to death.

Five were discharged and acquitted. The acquittal was designed to give the false impression that the dubious verdict was fair and just.

Falana said he took the decision because he was convinced that “soldiers who made a legitimate demand for equipment to fight the insurgents cannot, by any stretch of imagination, be properly convicted for mutiny”, adding that the acquittal of five of the 59 soldiers court-martialed, whose ages range between 21 and 25 and most of who joined the army in 2012, was designed to give the false impression that the verdict was fair and just. He noted that in its judgment, the court-martial “refused to consider the evidence led in court and convicted 54 of the soldiers for having the temerity to ask for weapons to carry out the task of defending the territorial integrity of the nation”.

Read full story
http://monitor9ja.com/2014/12/falana-appeal-death-sentence-54-soldiers/
PoliticsJudges Are To Dispose Of Primary Election Cases Before 2015 Elections by bugs2(op): 11:22pm On Dec 18, 2014
Chief Judge of the Federal High Court, Justice Ibrahim Auta, on Thursday, charged judges to dispose of all pending primary election cases before 2015 elections.

Justice Auta gave the charge at the Court’s End of Year/Award Ceremony for members of staff in Abuja on Thursday.

He directed the judges to draw the lines on issues bordering on disagreements during party primaries to avoid carrying them over to the general elections.

The chief judge also directed that no political case should be filed in a division of the court other than the division where the cause of action arose.

Auta warned the judges against granting ex-parte orders in political cases, unless they were absolutely necessary.

“As expected, litigants have flooded the courts with suits arising from disagreements over the recent concluded party primaries.

“I have directed judges to ensure that all election matters still pending in their courts must be completed before the 2015 elections.

Read full Story
http://monitor9ja.com/2014/12/judges-dispose-primary-election-cases-2015-elections/
EducationNigerian University Strike Knocks On The Door by bugs2(op): 12:01pm On Dec 18, 2014
The Senior Staff Association of Nigeria (SSANU) sent a strong warning to the Federal Government, to immediately put in place a machinery for the renegotiation of the 2009 agreement or face a nationwide strike in the universities.

In a communique issued after its National Executive Council (NEC) meeting held at the University of Ibadan and made available to journalists yesterday, the union, said the 2009 agreement signed with SSANU in 2009 is long overdue for renegotiation.

The communique signed by SSANU President ,Comrade Samson Ugwoke and the Public Relations Officer, Comrade NAD Aboribo, also frowned at the failure of government at all levels to pay the arrears of earned allowances.

Read full Story
http://monitor9ja.com/2014/12/ssanu-warns-fg-delay-negotiation/
PoliticsFG Approves N57bn For Roads by bugs2(op): 5:48am On Dec 18, 2014
The federal government yesterday approved the sum of N57.34billion for the rehabilitation, construction and review of various roads across the country.

Supervising minister of information, Nurudeen Mohammed gave the hint after the last Federal Executive Council (FEC) meeting before the yuletide.

He said FEC awarded a contract for the construction of the outstanding section of Onitsha-Enugu Expressway, Amansea-Enugu in Enugu State in favour of Messrs RCC Nigeria Limited in the sum of N24.243billion with a completion period of 36 months.

Briefing journalists after the FEC meeting, Mohammed said there was a budgetary provision of N400million in the ministry’s 2014 appropriation and N11billion under SURE-P 2014 appropriation which is enough for the takeoff of the project.

He briefed the media alongside the ministers of aviation, Osita Chidoka, transport, Idris Umar and trade and investment, Olusegun Aganga.

Read full story
http://monitor9ja.com/2014/12/fg-approves-n57bn-roads/
PoliticsFG Approves Policy Measures To Reposition Textile Industry by bugs2(op): 8:57pm On Dec 17, 2014
The Federal Executive Council (FEC) on Wednesday approved policy measures aimed at repositioning the nation’s cotton, textile, garment (CTG), and fashion sectors of the economy.

The Minister of Industry, Trade and Investment, Mr Olusegun Aganga, said this when he briefed State House correspondent after the weekly FEC meeting presided over by President Goodluck Jonathan at the Presidential Villa, Abuja.

According to Aganga, the policy, which is part of the National Industry Revolution Plan (NIRP) covers the entire fashion value chain from cotton to designing.

He said that there was no better time to intensify implementation of the NIRP than now in view of the huge pressure on the nation’s foreign reserves due to falling oil prices.

“Globally, the CTG sector is a market of about 2.5 trillion dollars, accounting for about 3.6 per cent of the world’s economy.

“In terms of export, it accounts for about 800 billion (dollars); direct employment, close to 60 million and of course indirect (employment) close to 300 million.

Read Full Story
http://monitor9ja.com/2014/12/fg-approves-policy-measures-reposition-textile-industry/
PoliticsCourt Stops Reps’ Invitation Into Deziani by bugs2(op): 8:47pm On Dec 17, 2014
An Abuja Federal High Court on Wednesday set aside House of Representatives’ invitation to Petroleum Minister, Deziani Alison-Madueke to appear before it for allegedly hiring jet for N10 billion.

The minister and the Nigerian National Petroleum Corporation, had approached the court to stop the lawmakers from probing the allegation.

Delivering judgment, Justice Ahmed Mohammed held that although the lawmakers had the power to summon the minister, they did not follow due process in doing so.

Mohammed also held that the House of Representatives ought to have presented before the court a journal or gazette of the resolution of the meeting where it agreed to invite Madueke.

Read full Story
http://monitor9ja.com/2014/12/court-stops-reps-invitation-deziani/
PoliticsGunboats Does Not Belong To Tompolo Its NIMASA – Navy by bugs2(op): 8:21pm On Dec 17, 2014
The Nigerian Navy said the gunboats that were alleged to belong to ex-Niger Delta militant leader, Government Ekpemupolo “aka Tompolo” , actually belonged to the Nigerian Maritime Administration and Safety Agency (NIMASA).

The News Agency of Nigeria (NAN) recalls that media reports said recently that Ekpemupolo, also known as Tompolo, had acquired some warships and gunboats for maritime activities.

The Chief of Training and Operations of the Nigerian Navy, Rear Admiral Austin Oyagha, made the clarification while briefing newsmen in Abuja on Wednesday.

“No individual has acquired gunboats in this country, the gunboats in question actually belong to NIMASA and these boats are currently being manned by personnel of the Nigerian Navy.

“And as you are all aware, the navy has collaboration with NIMASA which dates back to more than three years and it is ongoing.

Read full story
http://monitor9ja.com/2014/12/gunboats-not-belong-tompolo-nimasa-navy/
PoliticsOkonjo-iweala To Present 2015 Budget To NASS Today by bugs2(op): 6:47am On Dec 17, 2014
Minister of finance and coordinating minister for the economy, Dr Ngozi Okonjo-Iweala, will today present the 2015 national budget estimates to a separate sitting of the House of Representatives and the Senate by 11am.

The presentation comes despite the non-approval of the 2015-2017 Medium Term Expenditure Framework (MTEF), which normally precedes the budget presentation.

This was the resolution of the House following a directive from President Goodluck Jonathan to the Speaker of the House, Aminu Tambuwal, requesting that Okonjo-Iweala be allowed to present the proposed 2015 Budget on his behalf today.

Earlier, before the commencement of plenary at about 12:25pm, Okonjo-Iweala had met behind closed doors with the leadership of the House yesterday at the National Assembly complex over the planned presentation of the 2015 Appropriation Bill. In a letter from the president dated December 12, 2014, addressed to Tambuwal with the subject “Re: 2015 Budget” citing Section 81 (1) of the 1999 Constitution to back his request, he asked that the House grant the minister the 11am slot today to enable her lay before it the budget even as oil benchmark for its consideration has been pegged to $65 per barrel by the executive.

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http://monitor9ja.com/2014/12/okonjo-iweala-present-2015-budget-nass-today/
PoliticsFirst Bank Wants Court To Compel Customer To Pay N750m Debt by bugs2(op): 8:04am On Dec 08, 2014
First Bank of Nigeria Plc has prayed a Federal High Court, sitting in Lagos to compel one of its customers, Chidi Ajaegbu to pay an alleged N750 million facility the bank granted to him in 2008.

The dispute between the bank and Ajaegbu arose out of a loan agreement in which the bank borrowed Ajaegbu the sum of $5million to purchase 203,500 Linked Units shares of MTN Nigeria Limited through private placement.

Ajaegbu instituted the suit against the First bank (the first defendant) and Stanbic IBTC Asset Management Limited, urging the court to stop the defendants from selling his Linked Units shares in MTN Nigeria Limited among other reliefs being sought in court.

However, First bank in a 77-paragraph statement of defence and counter-claim, among others contended that the claimant in a letter dated January23, 2008 sent to MTN Nigeria Limited and copied to it the claimant irrevocably authorised MTN to place his MTN Linked Units shares on lien in favour of First bank.

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http://monitor9ja.com/2014/12/first-bank-wants-court-compel-customer-pay-n750m-debt/
PoliticsJonathan Creates Deputy GMD Office In NNPC by bugs2(op): 7:40am On Oct 29, 2014
President Goodluck Jonathan, yesterday, created a new office for a deputy group managing director (DGMD) at the Nigerian National Petroleum Corporation (NNPC) and appointed the current group executive director (Finance and Accounts), Mr Bernard O.N. Otti as the corporation’s pioneer DGMD.

The special adviser to the president on media and publicity, Dr Reuben Abati, noted in a statement he issued announcing the appointment that it was in furtherance with ongoing efforts to transform the NNPC into a commercially-driven entity.

Abati said apart from his new office, Otti still retains his former position as group executive director. Thus he is to be identified as the deputy group managing director/group executive director (Finance and Accounts) of the corporation.

Read Full Details
http://monitor9ja.com/2014/10/jonathan-creates-deputy-gmd-office-nnpc/
NYSCFG Allocates N500 Daily Feeding Allowance For Corp Members by bugs2(op): 5:16am On Oct 23, 2014
The federal government has allocated N500 as daily feeding allowance for members of the National Youth Service Corps (NYSC). This was disclosed yesterday by the Director General of the NYSC, Brigadier-General Johnson Bamidele Olawumi.

He made the disclosure at a House of Representatives Committee on Public Petition investigative public hearing on the N4,000 online registration fee imposed on prospective corps members by the corps.

A civil society coalition: ‘Say No Campaign’ had dragged the NYSC before the Uzor Azubike-led House committee in protest against the contentious fees.

While responding to the petition, Brigadier Olawumi, who alluded to the poor welfare of the corp members, disclosed that the federal government approved N500 as feeding allowance for each corp member per day.

Read full details
http://monitor9ja.com/2014/10/fg-allocates-n500-daily-feeding-allowance-corp-members/
PoliticsFG, States, Lgs Allocation Drops From N611.7bn To N603.5bn For September by bugs2(op): 5:09am On Oct 23, 2014
A total of N603.529 billion was yesterday shared among the three tiers of government for the month of September which was lower than the N611.767 shared for August 2014.

N463.779 billion was shared among the three tiers of government as statutory fund, N65.102 billion from Value Added Tax (VAT), N30 billion as additional distribution from NNPC, N35.549 billion from SURE-P and N6.330 as NNPC refund to the federal government.

Also shared was the N2.76 billion initially meant for transfer to the Excess Crude Account (ECA).

The gross revenue of N502.09 billion received for the month was lower than the N601.65 billion received in the previous month. The further decline in mineral revenue was attributed to the slight decrease in the crude oil prices and production loss due to shut-in and shut down of trunk lines and pipelines at various terminals.

Read Full details
http://monitor9ja.com/2014/10/fg-states-lgs-allocation-drops-n611-7bn-n603-5bn-september/
Car TalkHyundai Nigeria Signs Dealership Pact With Truck Masters by bugs2(op): 8:52am On Oct 14, 2014
Hyundai Motors Nigeria Limited has appointed Lagos-based automobile vending and aftermarket shop – Truckmasters Nigeria Limited as one of its provisional dealers at a sign-on ceremony in Lagos, where it charged the new agent to be steadfast and extend its role beyond being a simple sales and service shop to become customers’ lifetime companion.

Mr. Parvir Singh, Managing Director, Hyundai Motors Nigeria Limited, a subsidiary of Stallion Group who recently made this appeal said Truckmasters facility will provide sales and technical support to teeming customers in Maryland, Ikeja and its environs

He urged the newly commissioned agent to embrace Hyundai global vision of being “Life time partner in automobiles and beyond,” while moving one step closer to customers by making Hyundai buyers’ beloved brand.

“It isn’t enough to be successfully certified and expect your organization to keep performing at high level, using smart practices rather, you need to be focus and make compliance to standard an on-going habit,” the Hyundai Motors director counseled.

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http://monitor9ja.com/2014/10/hyundai-nigeria-signs-dealership-pact-truck-masters/
PoliticsCommunity Writes Shell Over Non-payment Of Royalties For 55 Years by bugs2(op): 9:20am On Oct 06, 2014
The people of Opuoma community in Ohaji Egbema local government area of Imo State, have written to oil giant, Shell Petroleum Development Company Nigeria Limited (SPDC), over the refusal of the firm to pay royalties to the community for 55 years, as well as pipeline rent and other benefits for 25 years.

This is as they have called on the Niger Delta Development Commission (NDDC) to pay compensation to them for their properties destroyed to give way for the commission’s reclamation and shore protection project in the community.

In a letter addressed to the managing director of SPDC, Mr. Mutiu Sumonu, the community said since the oil firm established its presence in the community in 1959, where it operates Well-22, it had not paid royalties to the host community.

Read full story
http://monitor9ja.com/2014/10/community-writes-shell-non-payment-royalties-55-years/
PoliticsFCT VIO To Commence Computerised Vehicle Inspection By September 1, 2014 by bugs2(op): 2:19pm On Aug 29, 2014
The Federal Capital Territory (FCT) Vehicle Inspection Office (VIO) is to commence computerised vehicle inspection from September 1, this year.

This information is contained in a flyer made available to the News Agency of Nigeria (NAN) by the directorate.

The flyer said that the exercise was in line with the procedure for ascertaining road worthiness of vehicles in the country.

It advised all corporate organisations, associations, unions and individual vehicle owners whose vehicle documents would expire by the end of August to take such vehicles for the physical computerised inspection.

“Private vehicles are to be inspected once a year and commercial vehicles twice a year.

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http://monitor9ja.com/2014/08/fct-vio-commence-computerised-vehicle-inspection-september-1-2014/
PoliticsNANS Endorses President Goodluck Jonathan For Second Term by bugs2(op): 2:01pm On Aug 29, 2014
The National Association of Nigerian Students (NANS) on Thursday endorsed President Goodluck Jonathan to run for a second term in office.

The President of NANS, Mr Yinka Gbadebo, who led the National Executive members of the association on a courtesy visit to the First Lady, Dame Patience Faka Jonathan, expressed their support at the Presidential Villa in Abuja.

The delegation, which passed a vote of confidence on Jonathan, also presented a certificate of credence to Dame Jonathan for her pursuit of peace and empowerment of women and the youth.

“As pragmatic and visionary Nigerians, we can see through the veil of distraction and boldly applaud the Goodluck administration for infrastructural and social transformation.

“We have unflinchingly determined to put all political detractors and evil geniuses to shame in 2015 by giving Mr President the singular and total support of all Nigerian students.


Read Full Story
http://monitor9ja.com/2014/08/nans-endorses-president-goodluck-jonathan-second-term/
SportsGlo Renews Sponsorship Of Live Broadcast Of EPL Matches by bugs2(op): 8:02am On Aug 19, 2014
Globacom has fueled the passion of Nigerians for the English Premier League as it renewed its sponsorship of live broadcast of EPL matches on Supersports for the 2014/2015 league season.

The 2014/2015 English Premier League season kicked off on Saturday. The telecommunications company in a statement released in Lagos said with its sponsorship of live broadcast of EPL matches, football fans are assured of top quality EPL matches on Supersport channels. The Globacom sponsorship of live broadcast of EPL matches on frontline pay TV, DSTV started from the 2013/2014 League season. The sponsorship package includes EPL live matches, EPL match reviews, EPL Preview, Premier League World and exposure of Globacom’s brand messages during the broadcast. The company restated its commitment to total development of the round leather game in Nigeria. “The sponsorship of the EPL is designed to sustain the value Globacom gives to millions of its subscribers. We want football lovers to continue to enjoy the best of English league as the premier league kicked-off formally last weekend, ‘’ stated the telecoms giant.

Globacom is the sole sponsor of the annual Glo-Caf Awards which celebrates the best of African football.


www.Monitor9ja.com

PoliticsPresident Jonathan Screen’s Omoni Oboli’s Proposed Movie To Be Shoot In Aso-rock by bugs2(op): 8:59am On Aug 16, 2014
Nollywood actress Omoni Oboli was invited by President Goodluck Jonathan for the private screening of her movie – Being Mrs Elliot.

The screening took place on Thursday 14th August at the Presidential Banquet Hall, State House, Abuja.

If the movie is approved it will be the first of its kind in Nigeria.

Read full details
http://monitor9ja.com/2014/08/president-jonathan-screens-omoni-obolis-proposed-movie-shoot-aso-rock/

TV/MoviesPresident Jonathan Screen’s Omoni Oboli’s Proposed Movie To Be Shoot In Aso-rock by bugs2(op): 8:51am On Aug 16, 2014
Nollywood actress Omoni Oboli was invited by President Goodluck Jonathan for the private screening of her movie – Being Mrs Elliot.

The screening took place on Thursday 14th August at the Presidential Banquet Hall, State House, Abuja.

If the movie is approved it will be the first of its kind in Nigeria.

Read full details
http://monitor9ja.com/2014/08/president-jonathan-screens-omoni-obolis-proposed-movie-shoot-aso-rock/

NYSCNYSC Denies Suspending 2014 Batch ‘B’ Orientation Over The Ebola Case by bugs2(op): 8:02am On Aug 16, 2014
The National Youth Service Corps (NYSC) has stated as false reports aired on a national television station that the orientation course for prospective corps members deployed to Bauchi, Gombe, Adamawa, Jigawa, Yobe, Kano and Borno States has been suspended due to the outbreak of Ebola Virus Disease.

In a press release signed by its management yesterday, the scheme explained that the orientation course for Stream II was suspended due to the federal government’s pronouncement that all schools currently on vacation should remain closed to avert the spread of the Ebola Virus Disease.

It therefore stated that the report aired was misleading and capable of causing fear and panic among residents of the states mentioned.

Read full story
http://monitor9ja.com/2014/08/nysc-denies-suspending-2014-batch-b-orientation-ebola-case/

HealthDoctors Protest Sack By FG, Vow To Continue Strike by bugs2(op): 7:47am On Aug 16, 2014
Doctors yesterday in Abuja carried placards to protest their sack by the federal government and the suspension of their residency programmes in federal hospitals, demanding for immediate withdrawal of the circular terminating their appointments.

President Goodluck Jonathan gave the directive to the federal ministry of Health to suspend all residency training programmes for doctors, who have been on an indefinite strike since July 1st to press home their demands.

Resident doctors work in teaching hospitals, mostly owned by the federal government. They work as well as learn to become consultants.

Numbering over 50, many of the doctors who wore white overalls, gathered in front of their headquarters in Benghazi Street, Wuse, blocking the road, carrying placards with inscriptions like, “Mr President, Reverse Your Decision Now or Else”; “Mr President, Bring Back Our Doctors, Sacking Doctors Not The Answer”.

Addressing the protesters and journalists, the national president of National Association of Resident Doctors, Dr Jubril Abdullahi, condemned government’s move and wondered whether it was to resolve the crisis or escalate it.

Read full story
http://monitor9ja.com/2014/08/doctors-protest-sack-fg-vow-continue-strike/

NYSCNYSC Denies Suspending 2014 Batch ‘B’ Orientation Over The Ebola Case by bugs2(op): 7:36am On Aug 16, 2014
The National Youth Service Corps (NYSC) has stated as false reports aired on a national television station that the orientation course for prospective corps members deployed to Bauchi, Gombe, Adamawa, Jigawa, Yobe, Kano and Borno States has been suspended due to the outbreak of Ebola Virus Disease.

In a press release signed by its management yesterday, the scheme explained that the orientation course for Stream II was suspended due to the federal government’s pronouncement that all schools currently on vacation should remain closed to avert the spread of the Ebola Virus Disease.

It therefore stated that the report aired was misleading and capable of causing fear and panic among residents of the states mentioned.

Read full story
http://monitor9ja.com/2014/08/nysc-denies-suspending-2014-batch-b-orientation-ebola-case/

PoliticsJonathan To Disburse N220bn MSME Fund by bugs2(op): 7:09am On Aug 13, 2014
President Goodluck Jonathan will next week flagoff the disbursement of the N220 billion Micro, Small and Medium Enterprises Development Fund (MSMEDF) at the 8th MSME Finance Conference holding in Abuja.

The two day conference which brings together banks and finance companies in the country will take place at Sheraton Hotels and Towers Abuja next week, August 18-19, 2014.

Also, the president who is expected to declare the conference open, would award prizes to MSMEs, deposit money banks and state governments who distinguished themselves in entrepreneurship development in 2013.

The N220 billion MSMEDF was launched at the 7th edition of the Central Bank of Nigeria (CBN) sponsored conference in Abuja last year by the former governor of the apex bank, Mallam Sanusi Lamido Sanusi.

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http://monitor9ja.com/2014/08/jonathan-disburse-n220bn-msme-fund/

Politics9ice Plans To Contest For A Seat In The Federal House Of Representatives by bugs2(op): 7:51am On Aug 12, 2014
9ice plans to be part of the affairs of Oyo.

He shared with his thousand of followers this image of himself on a white seat, stating that he wants a seat in the Federal House of Representatives for Ogbomosho North/Ogbomosho South/Orire Federal Constituency in 2015.

9ice joins stars like Kate Henshaw, Desmond Elliot, Julius Agwu and Dan D’Humourous who have made their political ambitions known.

www.Monitor9ja.com

Car TalkStallion Group Delivers Made-in-Nigeria Hyundai Vehicles by bugs2(op): 7:00am On Aug 11, 2014
Barely three months after delivering the made-in-Nigeria Nissan range of vehicles, the Stallion Group has delivered yet again on another promise -- the manufacturing and assemblying of Hyundai range of vehicles.

The chairman of the Stallion Goup, Mr Sunil Vaswani, who broke the news yesterday promised that the new vehicles "will be affordably priced," in order to give Nigerians a break from the strangle-hold of wholesale vehicle importers.

The made-in-Nigeria Hyundai vehicles are being assembled at the Hyundai motor plant in Lagos.

Some of the Hyundai passenger cars which are priced between NGN1.5m and NGN1.9m are i10, Grand, Accent, Elantra and iX35, while in the truck and bus segments the 10-ton HD160, seven-ton HD 120, five-ton HD78 and three-ton HD65 as well as 28+1-seater Hyundai County bus and 30-seater Stallion County bus are now being supplied to the market.

The West African conglomerate, the Stallion Group-owned multi-vehicle assembly plant, had in July announced the commencement of locally produced Hyundai range of vehicles having inaugurated and rolled out the first set of made-in-Nigeria Nissan automobiles in April. Hyundai Motors Nigeria Limited (HMNL) plant managing director Tokunbo Aromolaran said the vehicles are certified to the world's highest automotive operating standard - ISO/TS 16949.

"ISO/TS 16949 is the highest automotive operating standard in the world and its benefits include improved quality processes at the facility along with streaming supply chains both leading to a better overall product," he explained.

The plant had supported its ambitious growth plans by prioritising the need for a faster and more efficient environment to facilitate concurrent product development and support a rapidly changing requirement for a vehicle programme, Aromolaran affirmed. He said: "Today we are glad to inform Nigerians that we have delivered on our promise to make available affordably priced vehicles - thanks to strong-willed President Goodluck Ebele Jonathan and the indefatigable supervisory roles of the Federal Ministry of Industry, Trade and Investment headed by Dr Olusegun Aganga."

The plant director added that the first phase of delivery, which has already begun, establishes a system of record for the complete vehicle programme which will gradually be expanded to meet the ever-increasing demands for functional vehicles in Nigeria.

"Prospective customers can now walk into any of our dealership showrooms nationwide to buy value-driven made-in-Nigeria Hyundai certified vehicles. Hyundai i10, Grand, Xcent and Elantra are elegantly crafted functional cars with eye-popping styling, good fuel economy, and fantastic driving experience with modest starting price that is affordable to every desiring buyer," Aromolaran assured.

Parvir Singh, group managing director, Stallion Automobile Division, who received the made-in-Nigeria Hyundai vehicles on behalf of the sale & marketing division of Hyundai Motors Nigeria, described the achievement as a milestone in the history of Nigeria's automotive industry.

He later announced starting price of NGN1.594m for the Hyundai i10 and NGN1.990 for the Grand, urging customers to take advantage of the price and drive a certified made-in-Nigeria Hyundai car.

Mr Singh oversees the sales, marketing and dealer development arms of the Hyundai Motors Nigeria and he is responsible for creative and imaginative marketing strategies to develop new and existing customer sales and brand support.

Stallion Motors dealers in Lagos, Warri, Asaba, Anambra and Abakaliki have also commended the initiative, saying that this would expand customers' options of below N2 million range of vehicles.
http://allafrica.com/stories/201408110389.html
http://monitor9ja.com/2014/08/made-nigeria-hyundai-delivers-stallion-group/

BusinessDangote And Blackstone To Invest N825bn In Power by bugs2(op): 7:12am On Aug 06, 2014
Dangote Industries and Blackstone yesterday announced a commitment to jointly invest up to N825billion ($5billion) over the next five years in energy infrastructure projects across sub-Saharan Africa with a particular emphasis on power, transmission and pipeline projects.

The investment is facilitated by Black Rhino, a portfolio company of Blackstone Energy Partners and affiliated funds managed by Blackstone, and Dangote Industries.

While Dangote Industries is the largest industrial conglomerate in West Africa, and one of the largest in Africa, Blackstone Energy Partners is Blackstone’s energy-focused private equity business with a successful record built on Blackstone’s industry expertise and partnerships with exceptional management teams, based in the United States of America.

Blackstone has invested approximately $7 billion of equity globally across a broad range of sectors within the energy industry.

Dangote Industries’ commitment to investments in Nigeria and across the African continent has played a significant role in Africa’s recent economic success. Led by its founder, president and chief executive officer, Aliko Dangote, Dangote Industries’ businesses span manufacturing, logistics, commodities trading and real estate across 14 African countries.

The two internationally acclaimed companies have agreed to jointly incorporate, own and operate a management company that would be responsible for the development and management of projects identified and agreed upon across the sub-Saharan African.

www.Monitor9ja.com

PoliticsEbola Virus Hits West Africa With 887 Death And Still Counting by bugs2(op): 7:35am On Aug 05, 2014
The total death toll from the disease in several West Africa, countries has shot up by more than 150 to 887, the Associated Press (AP) reports.

Most of the newly reported deaths occurred in Liberia, where on Monday night a special plane to evacuate a second American missionary who fell ill with Ebola landed in the capital. Nancy Writebol is expected to arrive in Atlanta on Tuesday, where she will be treated at a special isolation ward.

Health authorities in Liberia ordered that all those who die from Ebola be cremated after communities resisted having the bodies buried nearby. Over the weekend, military police were called in after people tried to block health authorities in the West African nation from burying 22 bodies on the outskirts of the capital, Monrovia.

The World Health Organization announced Monday that the death toll has increased from 729 to 887 deaths in Guinea, Sierra Leone, Liberia and Nigeria.

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http://monitor9ja.com/2014/08/ebola-virus-hits-west-africa-887-death-still-counting/

Jokes EtcThe Legend Of Madaki-episode 2 ....................madaki The Fast Learner by bugs2(op): 8:26am On Aug 02, 2014
Illustration by kabir Fakos

PoliticsDangote Signs N165bn Rice Investment Deal With FG by bugs2(op): 8:17am On Aug 02, 2014
Dangote Industries Limited yesterday signed a Memorandum of Understanding (MOU) with the federal government, through the Ministry of Agriculture and Rural Development, to invest a total sum of $1 billion dollars equivalent to N165 billion for the development of integrated rice projects across five states.

Chairman of the group and African business mogul, Alhaji Aliko Dangote, who made the revelation in Abuja during an interactive session with the minister of Agriculture and Rural Development, Dr Akinwumi Adeshina said the five beneficiary states include, Edo, Jigawa, Niger, Kebbi and Kwara.

According to Dangote, “Apart from producing rice, the investment will ensure that Nigeria begins to export rice, while creating thousands of jobs for the many unemployed Nigerian youths through the out-grower system. If Nigeria sorts the problem of power and agriculture in Nigeria, the nations GDP will grow at double digits,” he added.

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http://monitor9ja.com/2014/08/dangote-signs-n165bn-rice-investment-deal-fg/

CelebritiesPhotonews: Billionaire Femi Otedolas’ Daughter’s Graduation Party by bugs2(op): 3:28pm On Aug 01, 2014

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