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Air Nigeria terminated its operations on Monday due to “staff disloyalty and environmental challenges”, the latest setback for the country’s aviation industry after a rival’s plane crash in June killed 163 people. According to Reuters, it is now shutting down operations and sacking over 500 staff in a move that has prompted union protests over alleged unfair dismissal and unpaid salaries. Investors behind the airline have struggled to deal with $250m (£157m) of debt taken on when they bought the carrier from Virgin two years ago, BBC said. The Nigerian Civil Aviation Authority suspended Air Nigeria in June due to financial concerns, although some flights were allowed to continue. “Corporations are like individuals, who naturally will get sick, and the usual thing to do is to admit them to hospitals, either for corporate surgery or for treatment, as the case may be,” a statement from the company’s Chairman Jimoh Ibrahim said. Ibrahim said Air Nigeria would close operations for at least a year but he hoped to resurrect the airline in the future Privately-owned Air Nigeria was part of Richard Branson’s Virgin fleet until he pulled out in 2010, selling his minority stake. It operated flights across West Africa and to London. The demise of Air Nigeria leaves the country with just four domestic carriers operating scheduled flights.
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Ten years after the 9/11 terror attacks, Barack Obama joins thousands of Americans to honour the 2,977 who died that day. Victims of the 9/11 terrorist attacks will be remembered today at a new World Trade Centre where workers are completing the last floors of the main 104-storey-tower. US officials and selected family members of the nearly 3 000 people killed in the United States on September 11, 2001, will meet at dawn in Lower Manhattan to remember them in a commemorative service held each year on the anniversary to mark the tragic event. The names of all the victims will be read, including 2 740 in New York and the other people killed at the Pentagon and in Shanksville, Pennsylvania. New York City Mayor Michael Bloomberg and top US officials in New York and New Jersey will be present, but none of them will deliver speeches. The low-key anniversary in New York, as in past years, will focus on remembering the dead. Similar services will take place in Washington and Shanksville. President Barack Obama will attend a ceremony at the White House's South Lawn this morning. "This anniversary is about them," Obama said in a radio address on Saturday. "It's also a time to reflect on just how far we've come as a nation these past 11 years." The attacks "brought out the best in the American people," Obama said, noting the more than 5 million men and women who have volunteered to serve in the military since the attacks. White House spokesperson Jay Carney said Obama "certainly hopes and knows that Americans across the country will take a moment to reflect upon the events of September 11, 2001, and all that our country has been through together since then, and especially, I think, take that moment to remember the victims and their families from that terrible event." Obama was briefed on security on the eve of the anniversary, discussing "specific measures we are taking in the homeland to prevent 9/11 related attacks as well as the steps taken to protect US persons and facilities abroad, as well as force protection," the White House said. The World Trade Centre site is no longer referred to as Ground Zero, the name it had been given after 2001 to describe the massive destruction caused by the terrorist attacks. New high-rise buildings and office- business towers have been sprouting at the site in the past years, costing more than $10 billion. Last year, the National September 11 Memorial and Museum opened to the public and some 4.5 million people have visited in the past year. Names of all the victims have been etched on the walls of the memorial. One World Trade Centre, known as Freedom Tower, will open in 2014 with its 3 million square feet of office space being filled with some of the world largest corporations. The tower will reach the height of 592 metres, symbolic for the year 1776 when the United States adopted the Declaration of Independence from Britain. www.sabc.co.za/news/a/604eb2804cad1bbcbf92bfc6a116673e/US-remembers-911-victims-20121109
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Opposition against moves by the Central Bank of Nigeria (CBN) Governor, Mallam Sanusi Lamido Sanusi, to introduce the N5,000 note has gathered momentum in the Senate. Daily Sun investigations indicated that senators have resolved to take on the CBN over its stance that only a presidential approval was needed for the introduction of the N5,000 note and a restructuring of the nation’s currency. It was gathered that some senators had already met on the issue and were perfecting strategies on how to stop Sanusi when they resume from the summer recess. Senate is on recess and will resume plenary on September 18. But unconfirmed reports indicated that the resumption might be a week earlier. Three weeks ago, the Senate, through its Committee on Banking, Insurance and other Financial Institutions, directed the CBN to stop the proposed move to introduce the N5,000 note and the restructuring of the naira. The chairman of the committee issued the directive in Abuja. Thereafter, the committee reportedly met with the CBN, but details of the meeting were not made public. Regardless, some members of the nation’s upper legislative chamber, opposed to the new naira note, had met, reviewed the Senate’s response and had tacitly endorsed what they termed the ‘quick intervention.’ A member privy to the meeting, but who was not authorised to talk on behalf of the group, told Daily Sun at the weekend that some senators were not happy with the CBN for not carrying the National Assembly along on such a sensitive issue as the issuance of the N5,000 note. He added: “In any democracy anywhere in the world, the parliament is always involved in crucial economic and monetary issues; particularly as it affects the citizens. “It was an embarrassment for the leadership of the National Assembly to read reports that even the President had been briefed as far back as December 2011, yet, we only got to read of the policy just as any Nigerian on the pages of newspapers.” Asked whether President Goodluck Jonathan had already briefed the National Assembly leadership that in turn decided against telling other lawmakers, the lawmaker retorted: “That’s a plausible thing to say. It is not possible for the President to tell our leaders and they will not, at least, discuss it during one of the routine meetings of the body of principal officers. “No, the National Assembly was not briefed at all. Besides, the Presidency has not even gone about this matter the right way. Imagine that there is a bill pending before the Senate on the autonomy of the CBN and the same apex bank has gone ahead to disrespect the National Assembly. “At the right time, we will tell Sanusi that he cannot be greater than Nigerians. We are the representatives of the people and if you listen very well, they are saying that they don’t want the new note at this point in time.” Another senator, who was not a part of the meeting but who declined to be named also added: “The CBN governor is not even discreet about his role in the Nigerian economy. We are still considering amendment of the CBN Act, which will hopefully address the autonomy of the apex bank and here he is, restructuring the nation’s currency without the input of the National Assembly. “We heard that the CBN and his directors have met the Banking Committee, but they should know that the matter has not ended there. When we resume, some of us will take up the matter.” Adding his voice to the debate, the Chairman of the Senate Committee on Rules and Business, Ita Solomon Enang, submitted that in line with international standard practice, the CBN and the ruling government ought to brief the National Assembly before going public about the new note. Enang said this during a meeting of the Nigerian Bar Association (Class of 1985). His words: “I want the NBA, and in particular the Law Class of 1985, to take interest in this matter and join the debate. And the debate is: Can the CBN issue a currency and re- denominate the currency of a country without the legislature? “Is the exercise of this power within the exclusive powers of CBN? Should the president or government in power be parties to the action that is happening? “Is the denomination of the currency of a country not an economic matter for that country and should standard practice all over the world not be a guide? “In the United States of America or the United Kingdom and other standard democracies, should it not be a matter that should be debated and agreed upon? “Should it not be a matter that should be a major campaign issue (in) the presidential election that should we re- denominate our currency? “Should we allow our economy to be run and dictated outside of Nigeria or have posted persons into Nigeria in the name of public offices? “I want us to ask ourselves since we grew up to travel and to see the currencies of other countries have we seen any currency or Pound Sterling higher than the £50? “I don’t remember seeing the U.S Dollar more than a hundred dollar bill. I want us as a body to stand up and discuss this matter because I’m not asking for discussion only…On my own as a person and as a representative, I am opposing it. “I am not speaking for the Senate and I’m not speaking for others, but I’m saying that I, Senator Ita Enang, representing the Akwa Ibom North- East Senatorial District and this class, I’m opposing the introduction of N5,000 note and please we should do this to the end. “I want this class and this Assembly to take interest in these matters because if we keep quiet today it affect our currency and our country tomorrow.” http://sunnewsonline.com/new/national/n5000-note-well-stop-sanusi-senators/ |
Kim Kardashian and Beyonce are not “beefing” even though it has been widely reported that they are. It seems that on the contrary, they are actually friends. A lot of reports were circulating, this past week, that Beyonce allegedly had it out with Kim K at her Husband, Jay-Z’s Made in America event in Philadelphia . The R & B star allegedly told Kim to stop drawing attention to herself by posing for photos because they were taking attention away from her husband. Director, Ron Howard, who was also at the event is said to have had a conversation with Kim K in which she asked him to consider her for a role in one of his movies. According to media reports, that was also the reason why Beyonce was upset with the reality television star. According to TMZ, their sources say that Beyonce and Kim K did not have a confrontation and are still friends. The two friends are reported to have watched their men perform from back-stage. As Kanye and Jay-Z performed at the event, Kim K and Beyonce are reported to have been laughing and hugging while they enjoyed the show. A TMZ sourse says, “They love each other — they talk fashion, family, Beyonce’s baby all the time.” As for Kim K asking Ron Howard for a part in a movie, it is false. Kim is reported to have not even spoken to him that day. www.ynaija.com/ticker-beyonce-theres-no-beef-with-kim-kardashian/
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All is now set for Friday’s burial of Cynthia Udoka Osokogu, the 24-year old daughter of retired Major General Frank Osokogu, who was murdered by friends she met on Facebook. Cynthia will be laid to rest in her father’s residence in Boji-Boji Owa, Ika North Local Government Area of Delta State, south south Nigeria. Boji-Boji Owa is an elitist town in Agbor city that hosts many dignitaries, including Senator Ifeanyi Okonwa whose residence is a stone’s throw from Osokogu’s residence. The Governor of Delta State, Emmanuel Uduaghan, commissioners and other dignitaries in the state, will be attending the burial, the family said on Thursday. At the General’s residence, a throng of sympathisers came all day to present their condolence messages to General Osokogu. Obituary posters were seen all over the sprawling residence, including on the window of a bedroom where Cynthia always spent Christmas and New Year celebrations in. Canopies and chairs were in the compound and music was playing all day. Cynthia, the only daughter and last born of a family of four was on 22 July tortured, raped and strangled by her Facebook friends. .mobi/output.php?link=http://feedproxy.google.com/~r/PmNewsNigeria/~3/_nzxtf7CEhE/
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