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Even though I might not support a Chinese firm wholeheartedly, but what pride does NITEL still have to salvage? Let them be sold, and the new buyer revives the firm. |
New Generation’s $2.5bn to buy Nitel bid gets FG’s full backing Wednesday, 13 October 2010 01:00 •Okays payment of outstanding workers’ salaries, allowances President Goodluck Jonathan has approved the sale of former telecoms monopoly, Nigerian Telecomunications Limited (NITEL), to New Generation Consortium, the group that offered $2.5 billion for it. The Bureau of Public Enterprises (BPE) said on Tuesday a committee set up to probe the planned sale, chaired by the attorney general and minister of Justice, Bello Adoke, found the transaction complied with due process. It said the preferred bidder — the New Generation consortium, which includes China Unicom, Dubai company, Minerva, and local firm, GiCell — would now be asked to pay a $750 million security to obtain an offer letter. The balance of $1.75 billion should be paid within 60 days of receipt of the offer letter, BPE said. The Federal Government had been trying to sell NITEL and its mobile arm, M-TEL, for almost a decade and this latest effort has been marred by controversy. Some analysts say New Generation’s bid values NITEL at more than five times what it is worth. Omen International, a consortium registered in the British Virgin Islands, was the reserve bidder with a $956 million offer. It was feared that the six-month transaction grace for offer had expired. As part of the approval, workers of NITEL and M-TEL are also to be paid their entitlements. Under the Presidential approval, the New Generation Telecommunications Consortium is to pay a bid security of $750million as a pre-condition for the issuance of an offer letter, in its bid to acquire both telecoms companies. “In accordance with the provisions of the Requests for Proposal (RFP), the bid security sum is to be paid within ten calendar days from the date of issue of a demand letter from the BPE. The balance of the bid amount of $1,750 million should be paid within sixty days from the date of the issue of an offer letter”, says BPE spokesman, Chukwuma Nwokoh, in a press statement issued in Abuja. New Generation Consortium emerged the preferred bidder with an offer price of $2.5 billion during the opening of financial bids for the privatisation of NITEL and M-TEL which held February 16, this year, in Abuja. The reserve bidder, Omen International, offered $956,996,091. The National Council on Privatisation (NCP) had, at its meeting of March 12, 2010, set up an eight-member ad-hoc committee under the chairmanship of the Attorney-General of the Federation to review the NITEL/ M-TEL sale transaction. The President’s decision was based on the recommendation of the Presidential Task Force on NITEL/M-TEL Labour Restructuring Taskforce which was tasked to address the issue of outstanding salaries and allowances owed the workers. The Committee, which was chaired by the Minister of Labour, was re-activated at the NCP’s meeting of June 11, 2010. The Debt Management Office has been authorised to issue a bond, while the Federal Ministry of Finance has been directed to raise the amounts immediately required to resolve the matter of staff liabilities. The bonds will be subsequently redeemed from the proceeds of the sale of the two firms. http://www.businessdayonline.com/index.php?option=com_content&view=article&id=14372:new-generations-25bn-to-buy-nitel-bid-gets-fgs-full-backing&catid=1:latest-news&Itemid=18 |
Ujujoan:I thought this Ribadu's noise have died down. |
What Jonathan will see in Imo By Uzoma Nwachukwu Wednesday, October 13, 2010 The two-day working visit to Imo state by President Goodluck Jonathan between October 15th and 16th 2010 will be his third visit to the Eastern Heartland. President Jonathan first visited Imo state n November 2008, then as Vice President of the Federal Republic of Nigeria. He was in the state to represent his then boss, the late President Umaru Musa Yar’Adua at the official launching of the Imo Rural Roads Maintenance Agency (IRROMA) now Imo Roads Maintenance Agency (IROMA). His second visit was in July 2009 when he came in the company of the late President and the entire national leadership of the Peoples Democratic Party (PDP) to receive His Excellency, Chief Ikedi Ohakim, the Governor of Imo state back to the PDP. By this third visit, Imo could easily pride itself as one of the states most frequently visited by the man Goodluck Jonathan. The instant visit is his first to the state since he became President and again Imo happens to be among the first ten states Dr Goodluck Ebele Azikiwe Jonathan is visiting as President and Commander-In-Chief of the Armed Forces of Nigeria. But even so, Imo remains a familiar turf for the President. For a state which is always in the news for one or the other, it is only natural that it would arouse the interest and attention of those at the helm of affairs at the national level. To be sure, not every news from the state has been palatable for the President. Apart from the few far and in-between cases of kidnapping in the state, which have inevitably attracted the attention of the President, Imo is also home of several politicians who thrive by laying false claims to closeness to the President. As a corollary, they relish in feeding the nation’s seat of power with false information about the goings-on at home. When these are juxtaposed with the fact that by sheer hard work, the administration of Governor Ikedi Ohakim has hooked the state to the national grid, coupled with the fact that the nation’s judiciary got one of its greatest challenges from the post (2007) governorship election dispute in the state, it is little wonder that Imo is today one of the most talked about. President Jonathan is very familiar with the antics of a few politicians in the state who try to give the impression that without them, the state cannot move forward. He is also aware of deliberate acts of sabotage by these few elements in the bid to see that the Ohakim administration is portrayed in bad light or indeed becomes an outright failure. Like millions of other Nigerians, the President is also aware that the majority of the good people of Imo have remained steadfast in their resolve to work in one page under the leadership of Ikedi Ohakim. President Jonathan and Nigerians know that Imo remains a study on how a people could get determined to work together in spite of glaring partisan differences. At the beginning of this dispensation, nobody gave the state a chance. It was a matter of weeks or months for it to go into a conflagration, the book makers said. The interesting thing, really, is that the prophets of doom have never relented even after 40 months since governor Ohakim took office and in spite of his several triumphs. Till date, his detractors still take advantage of issues that would have been ignored elsewhere to embark on a campaign of calumny and to portray the governor in very bad light. As a matter of fact, these fellows sometimes succeed in making outsiders become quite skeptical about Imo and the administration of Ikedi Ohakim. And that is where the same Imo and their governor remain the enigma. For, each time Nigerians from outside the state have the opportunity of listening well or watching the state more closely, they would discover that, contrary to what they are meant to believe, the state and its people are doing quite well under the dynamic leadership of Ikedi Ohakim. Upon arrival in Imo Friday October 15, 2010, President Jonathan will discover, first hand, that politically, Imo is in tact, contrary to what a few elements who have access to his presidential lodge in Abuja would tell him. He will discover that all the big names he had heard about in politics even before he made a foray into it are working with Governor Ohakim. He would discover also that the few elements who try to paint a bitter picture of the state are mere black legs who are only on a rebel mission. He will discover that Ikedi Ohakim is not only in charge but also that a far majority of the people of Imo state believe in him. And the President will discover that the synergy between the people and the administration in one that is rooted not on employ semantics. The President will discover that Ohakim’s Imo offers him a formidable platform to canvass for the Nigeria of his dream especially as he seeks the mandate of the people to preside over their affairs beyond May 29, 2011. The President will discover that Imo offers a typical example of what can be done to confront one of the biggest challenges of our time and, indeed, one major most single determining factor of a successful tenure: The Unemployment scourge. President Goodluck Jonathan will discover that Imo is applying a formular that is working. And that is one area he will find the lie told by a few elements who have access to his Presidential Lodge, Abuja. He must have heard that Ikedi Ohakim came up with a certain bogus plan to employ ten thousand youths into the States Civil Service at a go. He must have heard that it was a mere ploy to con the people and defraud them. The President must have heard before now that not even the Federal government cannot offer 10, 000 jobs at a go. Once in Imo, President Jonathan would discover that the process of offering the 10, 000 jobs is almost concluded. He would also have the opportunity of knowing from Governor Ohakim how the magic of 10, 000 jobs at a go was performed is or being performed. And now, imagine a situation where under President Goodluck Jonathan 10, 000 jobs are created in thirty six (36) states of the federation. That will give three hundred and sixty thousand (360, 000) jobs for Nigerian youths. That will be a no mean feat. It will be “Up Jonathan!!” all the way. But that is not the only thing President Jonathan will see in Imo state about job creation. He will discover that the plan to create job for the teeming population of Imo Youths is futuristic. He will see a deliberate, systematic and methodic plan by the Ohakim administration to create an economy for the state and put in place an organized private sector that will be operated by entrepreneurs, as against the current situation whereby all eyes are on the state and local government as the only means of livelihood. This is why the President will see that in Imo, the Ohakim administration has embarked on some mega projects which, though having long gestation period, will, when completed, form the fulcrum of the economic transformation of the state. Prominent among such projects are the Wonder Lake Resort and Conference Centre, Oguta and the Oak Refinery Project both of which the President will perform foundation-laying ceremonies for the construction of physical infrastructure at the cites of the two projects. Before now, the President would have heard that such projects are white elephant projects that are money-juzzling and too complex and intricate for a state government to handle. But the President will discover that that is where he has particularly something in common with Ikedi Ohakim. Both men think deep and like the late sage, and philosopher, Obafemi Awolowo, with whom both also share certain qualities in common, said, only the deep can call the deep. While in Imo, Jonathan will discover that to be able to take Nigeria to the next level will need men and women who are ready to put up their thinking caps. And that in Ohakim’s Imo not only is there a lot of thinking taking place, but there are also a lot of doing. He will also discover that apart from the strategic projects which are being embarked upon to form an economic base for the state, the administration has also vigorously pursued and executed projects that are improving the quality of lives of the people. While in Imo state, President Jonathan is expected to commission several newly constructed or rehabilitated roads in the state. Perhaps he and members of his entourage will now have the opportunity to confirm the administration’s claim that it has built more roads than all the previous administration put together since the creation of Imo state in 1976. The President would commission and inspect some water schemes undertaken by the state government. Dr Goodluck Jonathan will notice that the Clean and Green programme is not, after all, a fleeting programme. He will discover that Owerri, the capital city, adorns more aesthetics than when he visited last in July 2009 and that the decision of the federal government, which he now heads, to accord Owerri the status of the Cleanest state capital was not a misplace one. Of course, the normal practice is for hosting state governments to tabulate the number and location physical infrastructure established and place it before a visiting President. While Imo has an abundance of such projects either fully completed or still in process of being completed, the President will see that by far the administration’s (Ohakim’s) greatest achievements are in non-tangible areas; that is, things you can hardly sit down and point at or take stock of. Roads, water and hospitals, yes, but what goes most for the administration is that it has embarked on programmes and policies that have created the environment for people to find windows of viable economic activities in the state. Before the advent of the administration hotel rooms in Owerri stood at slightly over 2000. Now, there are over 10, 000 rooms with an occupancy rate of over 95 per cent. A high occupancy rate means that there are economic activities that are bringing people to the state. Today, Imo plays host to many national conferences workshops and seminars. Airlines have increased their flight schedules to and from the state. Today in Owerri, a plot of land which used to sell for less than N500, 000 before 2007 now sells for over N5 million. This is an indication that some polices and programmes of the administration have led to increase in economic activities. But by far the greatest non quantifiable achievement of the administration is that it has broken the insularity of the state. Apart from deliberate steps taken to link the state to the national grid, the governor’s return to the PDP on July 25, 2009 broke the circle of insularity that is not the true political character of the people but which began at the end of the civil war when it was considered a sell-out to co-operate with the government at the center. The consequence of this politics of isolation has been the absence of federal presence in the entire South East, especially Imo state. The governor’s return to the PDP realigned the state with the centre for greater stability and economic benefits for the people. The Ohakim administration has seriously engaged the government at the centre more than any previous administration in the state and the benefits are there for all to see. No doubt, the Governor and members of his administration, together with their teeming supporters see the Presidential visit of October 15 – 16, 2010 as a consolidation of a cordial relationship that is already in existence. More importantly the visits has the potentials of throwing up benefits not only to the people of the state but to also President Jonathan who will soon be asking the people of Nigeria, including Imolites, for a mandate to run their affairs for another four years after May 29, 2011. Nwachukwu wrote from Owerri http://www.sunnewsonline.com/webpages/news/national/2010/oct/13/national-06-10-2010-0012.htm |
Blasts: Dokpesi sues SSS NewsOct 12, 2010 By Ise-Oluwa Ige ABUJA—CHIEF Raymond Dokpesi, the embattled Director-General of Gen. Ibrahim Badamasi Babangida’s 2011 Presidential Campaign, yesterday, visited a Federal High Court sitting in Maitama for reasons he refused to disclose to newsmen. He was, however, in court, yesterday, with two pupils from the Chambers of former Attorney-General of the Federation, Chief Kanu Agabi, SAN. The lawyers were clutching a file containing processes which Vanguard suspected Dokpesi had come to file in court. He was at the registry of the high court for more than one hour yesterday. A staff of the registry who preferred anonymity told Vanguard that Dokpesi was in court to file an application for enforcement of his fundamental human rights against the State Security Service, SSS. Further harassments The source said he wanted an order barring men of the SSS from further harassing, arresting or detaining him in connection with the two bombs that went off in Abuja on October 1, 2010 which claimed more than 10 lives. He said he was not sure whether he was claiming any damages against the SSS over his earlier arrest, interrogation and detention. The source said he would suggest that the processes be got to confirm the details of his reliefs in court. But attempts to get confirmation from Dokpesi on what exactly he came to do in court proved abortive. For instance, when he came out of a registry room on the third floor of the high court complex where he spent almost one hour with the two lawyers from Chief Agabi’s chambers at 11:18 a.m and headed for a rest room on the first floor of the complex, journalists followed him but he refused to talk to them on his mission. He was only smiling and shaking hands with them. As he would not talk on his mission, journalists asked him to expatiate on the chat he had with newsmen at the weekend on what he knew about the October 1, bomb blast, Dokpesi smiled and said “thank you”. All other questions asked by the newsmen while following him from the first floor of the high court complex to the open park where his black Toyota Land_cruiser jeep with registration number CB 372 KTU, was parked were answered with “thank you.” He drove out of the high court premises at 11: 26 a.m. The two lawyers accompanying him later came out. They were clutching a case file. They confirmed that they wanted to file a case for Dokpesi but they said that they would not talk about it until it was filed. They told newsmen that they would come back but they did not. Attempts to get the facts of the case from the Chief Kanu Agabi’s chambers also was futile. http://www.vanguardngr.com/2010/10/blasts-dokpesi-sues-sss/ |
Body bags, containing victims
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Another view
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Another victim
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Victim
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Cars affected
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Another picture.
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Another scene.
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Another shot.
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Another view.
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Another pix.
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Aerial view
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A lady's glass and shoe.
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Why we struck – MEND From FEMI FOLARANMI, Yenagoa Saturday, October 02, 2010 The Movement of the Emancipation of the Niger Delta (MEND) yesterday claimed responsibility for the bomb explosions that rocked Abuja, saying it took the action to press home its demand for the Niger Delta to control its resources. According to the spokesman of the group, Jomo Gbomo, there is nothing to celebrate in the 50 years existence of Nigeria since the Niger Delta region, which produces the oil that sustains the country’s economy has been neglected. The group said that it had planted explosives in cars and waste bins across Abuja to make a statement about its agitation for resource control for the people of the Niger Delta. The MEND statement reads in part: “With due respect to all invited guests, dignitaries and attendees of the 50th independence anniversary of Nigeria being held today (yesterday), Friday, October 1, 2010 at the Eagle Square Abuja, the Movement for the Emancipation of the Niger Delta (MEND) is asking everyone to begin immediate evacuation of the entire area within the next 30 minutes. This warning expires after 10.30Hrs. “Several explosive devices have been successfully planted in and around the venue by our operatives working inside the government security services. In evacuating the area, keep a safe distance from vehicles and trash bins. “There is nothing worth celebrating after 50 years of failure. For 50 years, the people of the Niger Delta have had their land and resources stolen from them. The constitution before independence, which offered resource control, was mutilated by illegal military governments and this injustice is yet to be addressed.” SUN Newspapers 2nd October, 2010. |
These are various pictures of sorrows, tears, and blood.
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Lagos deserves another airport. You need to go there daily to see how that structure embarrassed this nation daily. |
Being critical of Fashola's government is a very sensitive issue. There are many factors that will be considered before reaching any conclusion. I used to go against building of a new airport in Lagos, but the events in MMIA of recent has changed my orientation. In fact, even that of Abuja (local) should be demolished, and a new International airport built there, while the current International be made local. We are really lacking behind. |
I just went through this post again and noticed that, if all these airlines still existed, a good number of youths in this country would have been painfully employed. What is really killing this airlines?. |
Lagos is becoming advanced countries . African culture will decide how potent this law will be, if passed into law!. |
Lagos Parents May Go To Jail For Flogging Their Children Author: Date: Jul 7th, 2010. | Category: Metro, News. | Follow comments: RSS 2.0. | You can leave a response below. | If the Criminal Law Bill currently being deliberated by the Lagos State House of Assembly sails through, then many parents in the state would face various prison terms for beating up their kids. The bill has prescribed prison terms for various offences including the beating or flogging of children by their parents. The bill also sees the maltreatment of animals as a criminal offence while the culprits are liable to imprisonment. It also seeks to legalise abortion but this is limited to incidents of rape and incest. This was made known at a public hearing on the bill for a law to enact rules on criminal conduct, regulate public order and for other connected purposes with the title: “The Criminal Law of Lagos State 2010”. The bill, if passed into law, would also promote an orderly society, foster collective obligation and duty towards the preservation and protection of life and property. It would also discourage and deal with conducts that unjustifiably and inexcusably inflict or threaten substantial harm to individual or public interests. The bill also seeks to look at persons whose conducts indicate that they are disposed to commit offences. The bill which is divided into nine parts, 48 chapters and 414 sections, classifies offences into three types namely: felony, misdemeanours and simple offences. Section eight of the bill defines felony as “any offence which is declared by law to be a felony, or is punishable, without proof of previous conviction with death or with imprisonment for three years or more. “All offences, other than felonies and misdemeanours are simple offences.” However, some Lagosians who attended the public hearing advocated for the abolishment of capital punishment, life imprisonment, and called for the legalisation of abortion in cases of incest, rape, HIV/AIDS and other unusual circumstances. According to them, the maximum prison sentence for offenders should be put at 20 years since criminals could be reformed and make meaningful contribution to the society after serving their prison terms. Professor Adedokun Adeyemi of the University of Lagos, while commenting on the issue said, “death penalty does not affect the rate of criminality and Lagos in the 21st century should not adopt it.” —Eromosele Ebhomele http://pmnewsnigeria.com/2010/07/07/lagos-parents-may-go-to-jail-for-flogging-their-children/ |
Elders of Oghara, the home town of embattled former governor of Delta State, Chief James Onanefi Ibori, have resumed talks with President Goodluck Jonathan, with a view to making sure their son gets off the hook in his present travails of money laundering and other related offences. But LEADERSHIP gathered last night that President Jonathan had tactically washed off his hands over the Iboris' saga. Sources said that the elders of Oghara had raised an emergency meeting to unanimously agree to seek the President's intervention on the matter. Oghara youths had barricaded the town in the heat of the bid to arrest Ibori for several days until he was said to have been picked up in Dubai. A source hinted that the President's visit to Oghara opened ways for the case, when Oghara elders including some royal fathers pleaded with the president to intervene. According to an insider, the elders in a closed door meeting appealed to the President to look into their son's travails as the only help they requested from him. Though, sources disclosed that the meeting was very brief after thousands of Oghara youths presented to the President their stand on Ibori, including pledging their loyalty especially, in his commitment to the Niger Delta development. Investigations reveal that Governor Emmanuel Uduaghan of Delta State in his bid for 2011 second term in his office had assured elders of Oghara of his contribution with a view to making sure Ibori gets some respite and be assisted in the case. One of the elders told LEADERSHIP that the President's intervention in the case would bring about peace as it was apparently displayed during his visit to Oghara town by the youths including traditional rulers in apparent joy pledged their supports for his administration. The elder statesman who does not want his name in print, told our correspondent that an agreement for the intervention of the President in Ibori's matter was reached between elders of Oghara, the youths and the President which necessitated the peace throughout his visit. It will be recalled that the visit of the President to the fast developing Oghara attracted the who is who in the state with a large turnout of Oghara indigenes, who pressed home for the intervention of the President in Ibori's case. Meanwhile, in preparation for the former Delta State governor, Chief James Ibori's money laundering trial in the United Kingdom, the British Police have brought fresh allegations against him in Dubai prison, where he is being kept by the Dubai Police after the bail granted him by the United Arab Emirate (UAE) court was revoked. Also joined in the charges against Ibori by the metropolitan police was the former Minister of Justice and Attorney General of the Federation, Mr. Michael Aondoakaa. It was gathered that part of the fresh charges brought against Ibori by the British investigators were allegations of money laundering, involving the former Minister of Justice and Attorney General of the Federation, Mr. Aondoakaa, who is reportedly under surveillance and investigation by the British law enforcement agency for a range of alleged criminal offences. UK authorities are reportedly looking at a transaction between the duo of Ibori and Aondoakaa that involved $44 million, routed through South Africa. The money is believed to have been frozen by the UK authorities with the help of their South African counterparts. The former minister of justice, who was recently barred from holding further public office in Nigeria by a Federal High Court in Calabar, sources said, might be arrested on a sweeping arrest warrant anywhere in Europe as soon as the investigation concerning his collaboration with Ibori in money laundering activities is concluded. LEADERSHIP reports that the Metropolitan Police, which is expecting Ibori's petition for asylum in Dubai to collapse quickly in order to get him back to the UK for proper prosecution,are expected to interrogate the former Delta State chief executive as long as his detention lasts in Dubai prison. http://allafrica.com/stories/201006220826.html |
Kobojunkie:This is a very dicey situation for Lagos and Okada riders. |
Lagos and Okada business, are like 5 and 6 in a football match. |
Lagos Assembly moves to ban Okada By CHINELO AGINA Friday, June 11, 2010 Lagos State House of Assembly has expressed concern over activities of motorcycle riders popularly called Okada on highways in the state and has commenced plans to hold a public hearing to that effect. The public hearing which date is yet to be fixed would be an opportunity for members of the public to suggest what could be done to check the excesses of the Okada operators and to consider the possibility of banning their operations completely from the state. In view of this, the House had set up a four-man ad-hoc committee to come up with recommendations that would put an end to the dangers caused by operators of commercial motorcycles in the state. At plenary session, Sanai Agunbiade representing Ikorodu Constituency (I), under Matter of Urgent Public Importance, informed his colleagues how Okada operators had turned the popular Ketu and Ojota bus stops to illegal parks where they pick and drop passengers indiscriminately. According to Agunbiade, “Okada riders plying the Ikorodu Road have turned Ketu and Ojota bus stops to illegal parks. On a daily basis, they come in droves where they pick and drop passengers along the expressway and with this, they contribute to traffic congestion on that road. Apart from that, the cases of Okada accidents, especially along the expressway has increased drastically, and something needs to be done about it.” Funmi Tejuoso while contributing noted that Okada riders had caused a lot of havoc, traffic jams and accidents. “It seems that those ones that were chased from Abuja have stormed the state and are causing a lot of trouble. We have to do something concerning it because even when they cause trouble on the road, they will turn around to fight you.” http://www.sunnewsonline.com/webpages/news/national/2010/june/11/national-11-06-2010-013.htm |
UK Jury Finds Ibori's Mistress, Udoamaka Okoronkwo, Guilty Written by SaharaReporters, New York Wednesday, 02 June 2010 05:34 The 12-member UK jury has found James Ibori's mistress, Udoamaka Okoronkwo (nee Onuigbo), guilty in a unanimous verdict delivered this morning at the Southwark Crown Court in London. She was convicted on three counts of money laundering. Mrs. Okoronkwo and Ibori's sister, Christine Ibie-Ibori, will both be sentenced at 2 :00 PM on Monday June 7 2010. Read more: , http://www.saharareporters.com/ |
Why are the figures not constant? |
Enjoyment1:He really have to face the reality of his actions. |
This is the damaged car. Useless Oba. I pity his subjects!.
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