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Politics / $9.6bn UK Judgment Would Be Set Aside – Lai Mohammed by Busy003: 10:28am On Sep 27, 2019
The Minister of Information and Culture, Alhaji Lai Mohammed has expressed optimism that the entire arbitration decisions and judgment debt of $9.6 billion against Nigeria by a UK court over a botched gas contract would be set aside.

The Minister stated this in London while reacting to Thursday’s ruling by a UK commercial court staying execution of the 9.6 billion dollar judgment debt and granting leave for Nigeria to appeal the decision in the UK appellate court.

A text of the minister’s reaction was sighted by News9naija.
The text reads; “We now have a fresh opportunity of arguing our case and even filing separate suit to argue that the entire judgment be set aside.

“As we have been saying everywhere we go, we have been compiling arguments that will make our case and position to set aside the judgment debt, an easy thing,” he said.



The minister noted that besides the victory in the court, the federal government delegation to the UK, had succeeded in changing the narratives of the case in favour of Nigeria, in the international community.

The government delegation included the Minister of Justice and Attorney General of the Federation, Abubakar Malami (SAN) and the Governor of Central Bank of Nigeria, Godwin Emefiele, the Inspector-General of Police, Mohammed Adamu and the Acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu.

“We came here with the sole purpose of not just winning in court but also winning in the minds of the international community.



“We started by visiting key media outlets, key business and financial groups such as Bloomberg, Financial Times, the Economists and others.

“I must say that over 24 major publications that published our stories are from our own viewpoints.

“What we are saying is that, until now, only the voice of P&ID was heard, only their own side of the story was heard but in the last four days our efforts in visiting the key media outfits and think tanks have paid off in changing the narrative,” he said.



Mohammed said the meeting with investors and other stakeholders had also helped to change the negative narrative that the case might hamper foreign investments into the country.

“Many of them at the meeting are investing in Nigeria and holding key positions in the society.

“By the time we came out of the meeting, they had more empathy for our course and even many of them volunteered to serve our course in a very patriotic manner,” he said.

The minister recalled that prior to the visit, the plaintiff, armed with the court judgment, had been threatening enforcement by way of attaching financial and associated assets of Nigerian state.

He said with the relief granted by the court, the harassment by the company and its handlers of compiling the nation’s assets for attachment would stop.

It would be recalled that the UK court had on Aug. 16 authorised P&ID, a little known Irish engineering and project development company to seize the 9.6 billion dollars, about N3.5 trillion in Nigerian assets over a failed contract.



The court ruling was a fallout of the botched 20-year Gas and Supply Processing Agreement (GSPA) and the subsequent award made in July 2015 in favour of P&ID, by an arbitration panel sitting in London.

The GSPA was purportedly entered into in 2010 between the Federal Ministry of Petroleum Resources and P&ID.

In the failed contract, P&ID was to build a gas processing facility to refine associated natural gas into non-associated gas to power the national electric grid.

On its part, the Ministry was to build pipeline to supply gas to P&ID facility to be located in Adiabo, Odukpani Local Government Area (LGA)of Cross River state.

The agreement went sour because the company which did not build any facility at the agreed site, blamed the Ministry for not constructing the pipeline for gas supply alleging that it had committed 40 million dollars into the contract.

https://www.pmnewsnigeria.com/2019/09/27/nigeria-optimistic-pids-9-6b-judgment-will-be-set-aside/amp/

4 Likes

Business / Re: 2019 Abuja Int’l Trade Fair To Feature 45 Foreign Companies – Chamber by Busy003: 9:05pm On Sep 09, 2019

Business / 2019 Abuja Int’l Trade Fair To Feature 45 Foreign Companies – Chamber by Busy003: 9:01pm On Sep 09, 2019
The Abuja Chamber of Commerce and Industry (ACCI) says the forthcoming 2019 Abuja International Trade Fair will feature 45 foreign companies to strengthen businesses, trade and investment opportunities in the country.

The ACCI Director General, Chief Tonia Shoyele, while briefing newsmen on Monday in Abuja said that the foreign companies were expected from India, Bangladesh, Ghana, Mali, Cote d’Voire and Cameroon, among others.

Shoyele said that over the years, the chamber had a minimum of 30 foreign countries participating but the number had increased in this 13th edition because many embassies had declared interest to participate.

She said that the multi-sectoral trade event had grown exceedingly in scope and strength as one of the biggest trade platforms for international and domestic exhibitors to promote new product lines, access new markets, build business relationships and grasp developing trend.

The News Agency of Nigeria (NAN) reports that the 13th tradefair, scheduled to hold from Sept. 21 to Sept. 29, would also feature a roundtable focused on the theme: “Remodelling SMEs Financing: Options and Solutions’’.

Describing Nigeria as an 80 per cent Small and Medium Enterprises (SMEs) based country; she said it was on this background that the chamber decided to have a 100 per cent focus on SMEs.

“Basically our mandate is to promote their businesses and handhold them till they get to the upper level. There will be a roundtable which CBN, Bank of Industry and others that are SMEs based participate to form policies and strategies to promote the SMEs,’’ she said.

She said that the chamber had also put in place measures to provide adequate security personnel which include the Nigerian Police, Army, Anti Bomb Squad, National Emergency Management Agency (NEMA), among others.

Dr Johnson Anele, the ACCI Vice president in charge of Commerce and Chairman, Abuja Trade Centre said that it would equally feature trade and investment profile presentations, exhibitions business matchmaking sessions and products/services presentation.

Anele, who is also the Chairman, Organising Committee of the event, said that the trade fair would boost local content by encouraging growth of indigenous companies and patronage of made-in-Nigeria goods.

“We want to encourage local exhibitors. We cannot be talking about local content when we have appetite for foreign made goods.

“We will use the platform to canvass and encourage people to patronise and consume Nigerian products.

“We are also encouraging many foreign exhibitors, we organise on regular basis trade missions for the international companies to establish good economic ties with them to enable them invest in Nigeria,” he said.

Anele urged the stakeholders and related government agencies and parastatals to seize the opportunity to enlighten people on their activities for partnership and immense benefit.

According to him, the trade fair will explore options and proffer solutions on how better the SMEs could be managed and upgraded to be able to contribute meaningfully to economic development.

“Our focus is mainly on the SMEs, which is the engine room for the economic growth and provide the bulk of employment in the country and quite number of them constitutes the bulk of our membership.

“We are also not neglecting other big conglomerates but we will focus on SMEs because of their importance and the role they play in national economic growth.

“The Federal Government has a lot of programmes to support the SMEs but the unfortunate thing is that some of the programmes are not well known to the supposed beneficiaries,’’ he said.

Anele added that the chamber also made provision of adequate infrastructure and facilities including construction of an ultra model convention centre with 7,000 capacity and conducive business atmosphere to host the world class international trade fair.

The trade fair is designed to provide a neutral and open atmosphere for blue chip companies, trade groups association, government related agencies and private sector organisations to engage new business partners for investment and trade relations.

Credit: NAN

https://www.news9naija.com.ng/2019/09/09/2019-abuja-intl-trade-fair-to-feature-45-foreign-companies-chamber/
Romance / Re: Missed My Period, I Can't Wait To Be A Mother-bobrisky [video] by Busy003: 10:10am On Sep 09, 2019
...

Romance / Missed My Period, I Can't Wait To Be A Mother-bobrisky [video] by Busy003: 10:07am On Sep 09, 2019
In a video making round online, popular Nigerian cross dresser, Bobrisky says he can’t wait to be a mother.

Watch video below

https://www.news9naija.com.ng/2019/09/09/487/
Foreign Affairs / Re: 29 Killed In Twin Attacks In Northern Burkina Faso by Busy003: 9:56am On Sep 09, 2019

Foreign Affairs / 29 Killed In Twin Attacks In Northern Burkina Faso by Busy003: 9:55am On Sep 09, 2019
More than 29 people were killed in twin militant attacks in northern Burkina Faso on Sunday, local media reported Monday.

Both attacks occurred in the northern Sanmatenga province.

A van loaded with people and goods rode over a bomb on Sunday, resulting in the death of 15 civilians and the injury of six others.

In the meantime, 14 people were killed around 50 kilometres away when militants ambushed bicycle riders carrying food products, said the report.

The government has vowed to take steps to avoid the recurrence of such incidents, saying that military reinforcements have been deployed.

Since 2015, Burkina Faso has been facing a series of terrorist attacks that caused over 500 deaths and 280,000 displaced people.

On Aug. 19, 24 armed forces were killed in an attack on army detachment in Koutougou, Soum.

News Credit:Xinhua

Photo credit: AFP


https://www.news9naija.com.ng/2019/09/09/29-killed-in-twin-attacks-in-northern-burkina-faso/
Foreign Affairs / Re: Trump Cancels Afghan Peace Talks, Meeting With Taliban Leaders by Busy003: 2:47pm On Sep 08, 2019

Foreign Affairs / Trump Cancels Afghan Peace Talks, Meeting With Taliban Leaders by Busy003: 2:45pm On Sep 08, 2019
President Donald Trump said Saturday that he was calling off “peace negotiations” with Taliban leadership after a U.S. service member was killed in a suicide attack in Kabul, Afghanistan.

Trump tweeted that he was scheduled to hold a secret meeting at Camp David Sunday with Taliban leadership and, separately, Afghan President Ashraf Ghani.

The United States has been working on a deal with the group that harbored 9/11 mastermind Osama bin Laden to pull troops out of Afghanistan and end the nation’s longest war.

The meeting at Camp David would have come just days before the 18th anniversary of 9/11.

Unbeknownst to almost everyone, the major Taliban leaders and, separately, the President of Afghanistan, were going to secretly meet with me at Camp David on Sunday. They were coming to the United States tonight. Unfortunately, in order to build false leverage, they admitted to he attack in Kabul on Thursday, for which the Taliban took credit, killed 12 and injured 42.

“I immediately cancelled the meeting and called off peace negotiations,” Trump tweeted. “What kind of people would kill so many in order to seemingly strengthen their bargaining position?”

It was just one of a number of attacks by the group in the past week, including attempts to take control of two Afghan cities, which reinforced fears in the country about what would happen if the U.S. withdraws.

“If they cannot agree to a ceasefire during these very important peace talks, and would even kill 12 innocent people, then they probably don’t have the power to negotiate a meaningful agreement anyway,” Trump tweeted.

https://www.news9naija.com.ng/2019/09/08/455/
TV/Movies / Re: Bbnaija Omashola Captured Having A Hard-on On Camera by Busy003: 2:12pm On Sep 08, 2019

1 Like

Sports / Re: Ronaldo's Fans Chanted “Messi” In Portugal Game Against Serbia by Busy003: 2:06pm On Sep 08, 2019
Breaking news, NIGERIAN MAN WINS THE LION AWARD IN VENICE, ITALY.

https://www.nairaland.com/5405339/nigerian-joel-benson-wins-2019
Romance / Re: Dear Fellow, Pls Help Me Analyze This. by Busy003: 2:00pm On Sep 08, 2019
Blackivy29:
wink i know.

the situation is really serious. If the op is looking for commitment then she might not be the one. I hate when women lead a guy on to drop the "lets just be friends" statement. I wont take it likely. Cause i would be confused like the op.
Op is 31 already and ready to settle.

Nothing more will come out "between" the two except for "small chops" wink

1 Like

Romance / Re: Dear Fellow, Pls Help Me Analyze This. by Busy003: 1:46pm On Sep 08, 2019
Blackivy29:
Drop an advice too

This one pass me na.

How person go tell you say "we can continue as friends but no Dating" yet you are asking for advice?

Ok, here is mine;
Besties has the besties have the best chops wink

If you know you know wink

2 Likes

Romance / Re: Dear Fellow, Pls Help Me Analyze This. by Busy003: 1:41pm On Sep 08, 2019
acesboy:
Hello all.... Pls pardon any of my grammatical blunders. I 'm about 31, i hoped to find love before or during nysc, but unfortunately i could'nt. Now i have monthly sources of income and i want settle down. I met a lady this year, she is in her final year in university. But we are not living in the same state but i do call her atleast every 3days and anytime i did'nt call, she use to called or flashed me. We got attached to each other very well that we confined in each other. (each time i called her we spent close to 1hr) on phone. Of which i was happy that i have found my missing rib, not until out of my benevolence i decided to foot her academics expenss like project and others. She now ask me, if i am doing it base on mere friendship or i want to date her. When i said i want to date her, she now told me, she has a boyfriend. But nevertheless she likes me, that we can still continue as friend. For i don't know what tomorrow may hold for us. My people i need ur kindid opinion here, if she is into a serious relationship why would she be having all this talks with me, That made me so emotionally attached to her? mind you, 1st of this month was her birthday, which i ask her if she want it to be celebrated but she say no. Although i gave her 5k over two weekend ago but highly appreciated by her. Pls advice me am i wasting my time with her.

Cc Ubunja

2 Likes 1 Share

Celebrities / Re: Nigerian Joel Benson Wins 2019 `the Lion Award’ (Pictures/video) by Busy003: 12:57pm On Sep 08, 2019
Seun
Lalasticlala
Mynd44


Let's celebrate our own
Celebrities / Re: Nigerian Joel Benson Wins 2019 `the Lion Award’ (Pictures/video) by Busy003: 12:56pm On Sep 08, 2019

Celebrities / Re: Nigerian Joel Benson Wins 2019 `the Lion Award’ (Pictures/video) by Busy003: 12:53pm On Sep 08, 2019
See screenshot below

Celebrities / Nigerian Joel Benson Wins 2019 `the Lion Award’ (Pictures/video) by Busy003: 12:33pm On Sep 08, 2019
Nigerian Joel Kachi Benson has won the 2019 `The Lion Award’ for best VR story at the 2019 Venice film Festival , NEWS9NAIJA reports.

He won the award with his work titled `Daughter of Chibok’

https://www.news9naija.com.ng/2019/09/08/breaking-nigerian-joel-benson-wins-2019-the-lion-award-video/

Romance / Nollywood Why? by Busy003: 10:06am On Sep 08, 2019
Nollywood never disappoints

Not sure if it's clear made-up graphic or true movie

Politics / Re: Governor Wike Suspends Muslim Pilgrims Welfare Board Over Fraudulent Acts by Busy003: 8:35am On Sep 08, 2019
Wiseandtrue:
What have you said that you are posting details

Anyways if true, whatever Wike does, he's only learning from the Fulani president!!!
Lol
I meant details shortly, pardon my typo.


https://www.news9naija.com.ng/2019/09/08/governor-wike-suspends-muslim-pilgrims-welfare-board-despite-claim-rivers-is-christian-state/

5 Likes 1 Share

Politics / Governor Wike Suspends Muslim Pilgrims Welfare Board Over Fraudulent Acts by Busy003: 8:18am On Sep 08, 2019
The Vice President-General of Jamaatu Nasril Islam, (JNI), Alhaji Abubakar Orlu said that Rivers State government suspended the state Muslim Pilgrims Welfare Board because of fraudulent activities and the unsatisfactory manner the board was being run.

Alhaji Orlu in a press statement issued in Port Harcourt yesterday also said that the state government did not demolish a completed Mosque building in the state.

He alleged that some fraudulent persons had in the past hijacked hajj seats in Rivers State to other states given credence to why the state government suspended activities of Muslim Pilgrims Welfare Board.

On the alleged demolition of a Mosque, Alhaji Orlu said that some people wanted to use the issue to stoke the embers of disunity among Christians and Muslims and tarnish the image of Rivers State Governor, Nyesom Wike.

Source: https://www.dailytrust.com.ng/why-rivers-govt-suspended-muslim-pilgrim-board-jni.html

5 Likes 2 Shares

Romance / Ladies Quick Question: Why Do All Sugar Daddies Have Potbelly? by Busy003: 7:16am On Sep 08, 2019
I have never seen a sugar daddy with six packs, ladies have you seen?
Politics / Re: South West Speakers Meet Over Insecurity In The Region by Busy003: 6:56am On Sep 07, 2019

Politics / South West Speakers Meet Over Insecurity In The Region by Busy003: 6:54am On Sep 07, 2019
The Conference of Speakers in the South West Zone on Friday night held its maiden meeting in Lagos to proffer lasting solutions to the lingering security threat confronting the region.

The Chairman of the Conference of Speakers of Nigeria, Mr Mudashiru Obasa, in his address of welcome as the chief host highlighted issues affecting security in the region.

Obasa said: “We are gathered here today to deliberate on SouthWest economic and socio-political integration for progress.

“We know the problems confronting us as a region which includes kidnapping, theft, arson and herdsmen attacks on our people.

“It has reach an alarming height and we need to beef up our internal security; all stakeholders in the region should collaborate to find lasting solutions to the hydra-headed security problems confronting us.”


Obasa, who is also the speaker of the Lagos State House of Assembly, noted that the idea to establish special security offices across the region was also in the pipeline.

He urged the local, state and the Federal Government to work assidously to stem the threat to peace.

Obasa also urged the Federal Government to be proactive in protecting Nigerians in South Africa against xenophobic attacks.

“There should be speedy action to halt this sad development, we condemn xenophobic attacks in its entirety and we urge our citizens to give peace a chance.

“Nigerians should not result to vandalisation of their investments in Nigeria in retarliation to South African xenophobia,” he said.

The Chairman, Conference of Speakers of SouthWest State Legislatures, Mr Bamidele Oleyelogun, called on political stakeholders in the region to promote even development.

“We want peace and unity in South Western states and we had robust debate on what is to be done to move our zone forward,” he said.

Oleyelogun, who is also the Speaker of Ondo State House of Assembly, said the South-West Speakers would return to their states to discuss with their governors and stakeholders on the way forward.

On how to fund the proposed special security offices across the region, he said that the governors were ready to support security issues affecting their states.

News9naija reports that those present at the meeting were Speakers of Ogun, Mr Olakunle Oluomo and Mr Adebo Ogundoyin of Oyo State.

Others were Mr Funminiyi Afuye of Ekiti, Mr Timothy Owoeye of Osun as well as principal officers of some state assemblies.


https://punchng.com/south-west-speakers-meet-to-tackle-insecurity/amp/

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TV/Movies / 16th Abuja International Film Festival: All South African Film Entries Suspended by Busy003: 12:48am On Sep 07, 2019

There is an immediate suspension of all South African film entries at the 16th Abuja International Film Festival scheduled for October 22 to 25, 2019.

In a statement released by the organisers, the International Film Festival as a body condemns unequivocally the reoccurring xenophobic attacks against African migrants, including Nigerians in South Africa. “On behalf of the management and organisers of the 16th Abuja International, we wish to announce the immediate suspension of all South African Film Entries submitted for the 16th Abuja International Film Festival scheduled for 22nd to 25th October, 2019.

“We as an International Film Festival condemn unequivocally the reoccurring xenophobic attacks against African migrants, including Nigerians in South Africa.We have observed the global outcry, especially by Nigerians all over the world who have called on their compatriots to boycott South African products and services in Nigeria in retaliation of the violence against their countrymen in South Africa.”

“However, we have taken this painful and avoidable decision to suspend entries submitted by filmmakers from South Africa until further notice. We therefore strongly condemn hate, prejudice and xenophobia actions of some South African nationals and reiterate our unequivocal condemnation of all violence in any form.”



“The Film Festival is a platform that was created to promote mutual harmony, respect for the dignity of life. We will continue to advocate for a society where everyone’s rights and freedoms are respected. The right to live and earn a living, freely, safely and protected by the law.

“We therefore as a matter of necessity call on the South African government to address the issue of xenophobic attacks with utmost seriousness where the perpetrators are brought to book.”

https://thenationonlineng.net/16th-abuja-international-all-south-african-film-entries-suspended/amp/

27 Likes

Travel / Xenophobia: Airline’s Evacuation’s Plan Postponed by Busy003: 2:14pm On Sep 06, 2019

The plan by the Air Peace Airline to evacuate Nigerians in South Africa from Sept. 6 suffered a setback as majority of those interested in the process have expired passports.

The News Agency of Nigeria (NAN) reports that the airline with the support of the Federal Government had scheduled to begin evacuating Nigerians from South Africa on Sept. 6.

This was sequel to the ongoing xenophobic attacks against Nigerians and other foreign nationals living in that country.

Mr Allen Onyema, the Chairman of Air Peace, said in a statement in Lagos on Friday that the most of the potential returnees were yet to renew their documents.

Onyema said the airline had already placed its Boeing 777 aircraft on standby and was only awaiting the go-ahead from the government.

“The Air Peace flight to South Africa will take off from the Lagos Airport and also return to Lagos. As earlier stated, the take off could be Sept 9 or Sept 10.

“This is because the Nigerians in South Africa have to obtain travel certificates because many of them do not have travel documents and their passports have expired.

“Air Peace has placed its aircraft, Boeing 777 for the flight since Sept. 3, but the Nigerian High Commission needed time to register the Nigerians billed to travel.

And, they are already doing that in Johannesburg and Pretoria.”

Onyema described the attacks against Nigerians and other Africans in South Africa as unfortunate, especially with the alleged tacit support being given to the perpetrators by the authorities.

He advised Nigerians without legal documents in South Africa to take advantage of the evacuation flight to return to the country.

NAN reports that the Federal Government has pulled out of World Economic Summit holding in Cape Town and also proposed recall of its Ambassador to South Africa, Ambassador Kabiru Bala

The government had also issued travel advice to Nigerians intending to visit South Africa due to the xenophobic attacks.

Credit:NAN



https://www.news9naija.com.ng/2019/09/06/xenophobia-airlines-evacuations-plan-postponed/

1 Like 1 Share

Romance / Re: 16-year-old-boy Drowns In Kano by Busy003: 1:57pm On Sep 06, 2019
Romance / 16-year-old-boy Drowns In Kano by Busy003: 1:49pm On Sep 06, 2019
A 16-year-old boy, Shahid Lawal, has drowned while bathing in a pond at Bacharawa Ramin Kasa, Fagge Local Government Area in Kano.

This information was contained in a statement signed on Friday in Kano by the Public Relations Officer of the State Fire Service, Mr Saidu Mohammed.

Mohammed said that the incident happened on Thursday evening when the deceased went to take his bath.

“We received a distress call from Rabiu Nasiru at about 6:23 p.m. that Lawal’s body has been found floating in a pond.“On receiving the information, we quickly sent our rescue team to the scene at about 6:34 p.m.’’

The cause of the incident was still under investigation.

“Lawal was found dead and handed over to the Ward Head of Bachirawa Gabas, Alhaji Rabiu Bala,” he said.

Credit:NAN
https://www.news9naija.com.ng/2019/09/06/16-year-old-boy-drowns-in-kano/

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