Msmon's Posts
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Traffic situate is often hectic in festive period like this, I had to travel from Abeokuta to Lagos for sallah break as tomorrow marks muslim Eid-il-Kabir celebration. Currently in Abule-Egba and the traffic here is really worrisome. What's the like in your area?
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Davidson Iriekpen The Asset Management Corporation of Nigeria (AMCON) has asked a Federal High Court in Lagos to restrain Chairman of Bi-Courtney Group, Dr. Wale Babalakin, from dissipating assets of Bi-Courtney Group pending its appeal against the decision of the court. Justice Ibrahim Buba had on Monday vacated an order made by his brother judge, Justice Okon Abang empowering AMCON to take over the assets of Bi- Courtney Group over an alleged N50 billion debt. But AMCON in its notice for injunction pending appeal filed by its lawyer, Babatunde Ogungbamila, from law firm of Olisa Agbakoba (SAN) said the application became necessary in order to preserve the assets in dispute. Sued along with Babalakin are his companies namely; Bi-Courtney Limited, Chartered Investment Limited, Resort International Limited and Roygate Property Limited The three-page application brought pursuant to Part XIV of the AMCON practice directions 2013, stated that unless the respondents are strained, it could render the possible outcome of its appeal nugatory. AMCON argued that the court had a duty to stay further proceedings in the matter pending the determination of the appeal and to avoid foisting a fait accompli on the appellate court. Addressing journalists on the issue, a Managing Partner, in the law firm of Olisa Agbakoba, Mrs. Priscilla Ogwemoh, stated that there was a subsisting Debt Settlement Agreement between AMCON and Babalakin which was duly signed by all parties in the suit. “We have applied for an injunction pending appeal and the effect of that is that the court should restrain all parties from taking any further step pending the appeal.” “We strongly believe that Babalakin is owing AMCON the sum of N50 billion which he admitted. We have had series of discussions with him and we all agree on a term of settlement and he agreed to all the terms. It was at the point of executing that the agreement that he reneged. He started complaining after agreeing to all the terms unconditionally. “We went to Justice Abang’s court because we believed that the Debt Settlement Agreement signed by parties constitutes a new course of action and he agreed to compromise all pending cases.’’ On the argument of Babalakin that federal government was owing him N132 billion, she said: “I don’t know where that came from. AMCON is not a federal government agency. Assuming we even agreed that AMCON is a federal government agency, he cannot do a debt swap with AMCON. She maintained that AMCON was not a party in the suit instituted by Babalakin against the federal government. AMCON had in its notice of appeal argued that Justice Buba erred in law by setting aside Justice Abang’s orders when in fact; the oral application made by Bi-Courtney Group was for suspension of the execution of Justice Abang’s orders. According to the agency, the orders of Justice Buba setting aside Justice Abang’s orders were made without jurisdiction, as it was trite that a court cannot grant prayers not sought by any of the parties before it. Justice Ibrahim Buba had upturned an order empowering AMCON to take over assets of companies belonging to the Chairman of Bi-Courtney Group, Babalakin, including Murtala Muhammed International Airport, Terminal 2. www.thisdaylive.com/articles/n50bn-debt-amcon-asks-court-to-restrain-babalakin-from-dissipating-assets/190443/ |
www.thisdaylive.com/articles/former-speaker-bankole-loses-daughter/190446/ Hon. Dimeji Bankole Former Speaker of the House of Representatives, Hon. Dimeji Bankole, wednesday lost his daughter, Yewande. A statement made available to journalists by the family read: “With gratitude to Almighty Allah and with heavy hearts we announce the demise of our daughter Yewande Semiat Bankole, aged six years at St Mary’s Children’s hospital London on October 1.” The statement stated that Yewande was born with Sickle cell disease and that she was a radiant girl who struggled with the disease whose condition was originally managed at a Lagos hospital but later transferred to a London hospital where she eventually died. While stating that her remains would be buried according to Islamic rites, the Bankole family requested the prayers of all at this time of immense grief and profound shock. |
I will be right back! Modified: Ajisebi'oyo lanri, Oyo onsele baba enikankan. Whoever can interpret that to english should please do. @OP, I'd glad if you can attach some pictire later on. |
*Loudest purr When Smokey is happy, everyone around him knows it. This gray tabby cat gained a place in the Guinness Book of Records with a purr that measured 67.7 decibels, but Smokey has been recorded on previous occasions with a 92.7-decibel purr, which is equivalent to the noise of a lawnmower or a hairdryer. *Fastest skateboard ride Tillman, an English bulldog, traveled a 100-meter stretch of parking lot in just 19.68 seconds during the 2009 X Games in Los Angeles, winning him a world record and making him the Tony Hawk of the canine world. *Most dogs skipping rope Uchida Geinousha's dogs are the star attraction of the Super Wan Wan Circus in Japan. The 13 jumping dogs hold the world record for most dogs skipping rope. ***Which pet has the most amazing record in your view?
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*Highest jump The world record for the highest jump cleared by a dog is 68 inches and was achieved by a greyhound named Cinderella May at the Purina Incredible Dog Challenge National Finals in October 2006. Cinderella May — or Cindy, as her owners, Kate Long and Kathleen Conroy, call her — is more than just a world- famous high jumper; she’s also a R.E.A.D.-certified therapy dog. *Oldest dog Bluey, an Australian cattle dog, holds the world record for oldest dog at 29 years and 5 months of age. Les Hall of Victoria, Australia, got Bluey as a puppy in 1910, and the dog worked with cattle and sheep for nearly 20 years before being put to sleep on Nov. 14, 1939. *Tallest cat Trouble (shown here with owner Debby Maraspini) holds the world record for tallest domestic cat, measuring 19 inches long from shoulder to toe. A Savannah cat is a hybrid domestic cat breed that’s a cross between a domestic cat and a serval, a wild cat native to Africa. Trouble replaced the previous record-holder in November 2011. *Balancing glass of water Sweet Pea, an Australian shepherd/border collie, holds a couple of the strangest records on our list: most steps walked down by a dog facing forward while balancing a 5-ounce glass of water (10 steps) and fastest 100 meters walked by a dog with a can balanced on its head (2 minutes and 55 seconds).
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*Tallest dog Giant George, a 43-inch-tall Great Dane from Tucson, Ariz., holds two world records: tallest living dog and tallest dog ever. This gentle giant has a developed quite the fan base so his owner, David Nasser, keeps fans up to date with the dog’s activities via his website and YouTube channel. Giant George also has a book, " Giant George: Life With The World's Biggest Dog," which was published by Simon & Schuster. *Smallest dog In terms of height, the smallest living dog is Boo Boo, a long-haired female Chihuahua who proves that good things come in small packages. Boo Boo is just 4 inches tall and weighs in at a mere 2 pounds. She lives in Raceland, Ky., with her owner, Lana Elswick. You'll get a sense of the dog's true size through this adorable video of Boo Boo. www.animalplanet.com/tv-shows/animal-planet-presents/videos/most-outrageous-boo-boo.htm *First bionic leg implants Oscar the cat is the first animal to have received two bionic leg implants. Oscar’s hind legs were accidentally chopped off in a combine harvester, and his prosthetic legs were drilled into what remained of his original legs. The bionic legs aren’t suited for an outside environment, so Oscar is now an indoor cat, and he’s surely grateful for his remaining eight lives. *Balloon popping Popping 100 balloons in 44.49 seconds was just the beginning of Anastasia’s fame. The Jack Russell terrier has also been featured on "Live with Regis Kelly," and she’s starred in a variety of commercials, Web advertisements and print campaigns. Anastasia lives in Los Angeles with her owner and trainer, Doree Sitterly.
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*Longest tongue Puggy, a male Pekingese with a tongue that measures 4.5 inches long, lives in Texas with his owner, Becky Stanford. Abandoned by a breeder because of his looks, Puggy was taken in by Stanford and her husband as a puppy, and nine years later he was holding the world record for current longest dog tongue. As you can see, Puggy's tongue is a bit of a mouthful, so Stanford has to chop the dog's food into small pieces because he chews with his tongue. The longest dog tongue on record belonged to a boxer named Brandy whose tongue was 17 inches long. *Most tennis balls in mouth Dogs love to chase tennis balls, but perhaps no pup loves the chase more than Augie, an 8-year-old golden retriever who holds the world record for most tennis balls in the mouth at one time. Augie has successfully gathered and held five tennis balls in her mouth at the same time. *Longest cat A 6-year-old fluffy feline from Reno, Nev., is the certified longest cat in the world. Stewie, a Maine Coon, measures 48.5 inches long from the tip of his nose to the end of his tail bone. (That's a little longer than 4 feet.) *Most flying discs caught Many dogs can catch a Frisbee, but Rose, a 6-year- old Labrador retriever/ border collie mix, can catch and hold onto up to seven flying discs — thrown separately — without dropping any of them. Owner Edward Watson says he noticed that once Rose got hold of a disc, she didn’t want to let go to catch the next one, and he eventually discovered her record- winning talent.
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dailyindependentnig.com/2014/10/frsc-deploys-18000-personnel-918-vehicles-eid-el-kabir/ By Chibuzor Emejor / Correspondent, Abuja Federal Road Safety Commission (FRSC) has deployed 18,000 personnel, including Regular and Special Marshals, 800 patrol vehicles, 60 motor bikes, 52 ambulances and six heavy duty tow trucks along critical corridors of the highways as part of plans for a nationwide special patrol slated for September 30- October 12, 2014 with the theme, ‘Operation Eid-El-Kabir’. A statement on Thursday by the Corps Public Education Officer, Stella Uchegbu, said this exercise which is in line with the Corps’ continued drive to achieve its 2014 strategic goals of reducing road traffic crashes by 15 per cent and fatalities by 25 per cent especially during the festive season, has also been designed in view of expected high vehicular movement. The campaign was also designed to address the possible tendencies for road traffic regulations violations by motorists during this period. According to the FRSC, the special patrol which is aimed at addressing the spate of avoidable road crashes usually associated with the festive season is an all inclusive exercise which will witness intensive patrols, prompt rescue services, strict enforcement of traffic rules and robust public enlightenment campaigns across the country. Objectives of this special exercise include the removal of obstructions from the highways, traffic control/ decongestion, public enlightenment campaigns through the distribution of safety handbills, radio and television talk shows and other forms of awareness campaign, in addition to strict enforcement of road traffic regulation. Infractions such as the use of cell phone while driving, overloading, wrongful overtaking, lane violation, dangerous driving, drink driving, obstruction and other road vices will form part of the patrol thrust while the Corps’ operatives will equally check speed limit violation through the use of radar guns. Aside from massive deployment of personnel and logistics along designated corridors and black spots, the FRSC will also utilize its nine Help Areas along Hawa Kibo, Akwanga, Gwagwalada, Lokoja, Ore, Egbeda, Mowe, Ogere and Kakau highways, in addition to the establishment of mobile courts at specific locations across the country for quick dispensation with road traffic offences. Speaking on the Sallah special patrol, the FRSC Corps Marshal and Chief Executive, Boboye Oyeyemi said that the nationwide exercise ‘forms part of the Corps’ sustained efforts to build on its Ember months campaigns which will be sustained throughout the end of the year to mitigate against road crashes during the yuletide season”. He added that “the FRSC has a consistent tradition of enforcing traffic rules and regulations throughout the year to avoid a one-off approach to road safety management in Nigeria’. Oyeyemi also spoke specifically on speed limit violation saying “our findings indicate that speed limit violations remain a prevalent factor on road traffic crashes, accounting for 39% of road crashes recorded nationwide between January and August 2014. Out of all causative factors, he said speed violation, dangerous driving and loss of control which are speed- related; contribute to most crashes on our roads. He said, “This scenario informed a recent resolution after a stakeholders’ forum in Abuja to commence a nationwide enforcement of the compulsory use of speed limiters in all vehicles from June 1, 2015, with commercial vehicles forming part of the phase one of this proposed enforcement”. |
Jfrezzy: Lol the tablet is a waste of money,I got one and I never used it 4 two hours in nigeria,data plan is xpensive here,but android tablet is a waste of money,my advice if u need one get apple and nothing else.Will u like to place ur tablet on sale? |
oathman: see your life ..... Nairaland OshiCould you go back and see my comment, I don't understand why people book space. I did that because I was driving then. Off Topic: Do anybody know why a topic disappear on a board? I posted a topic titled '15 Pets With Guinness World Record' on Pets board this morning around 7am but it disappear few minutes later, I made effort to mail the moderator but I didn't get any response. What could have happen?. |
Nigeria isn't fighting Shekau or what do u call his name, he's just a PAWN on the chess board. Let's come together and fight BH just like we did with Ebola Virus. Off Topic: Do anybody know why a topic disappear on a board? I posted a topic titled '15 Pets With Guinness World Record' on Pets board this morning around 7am but it disappear few minutes later, I made effort to mail the moderator but I didn't get any response. What could have happen?. |
K Modified: @OP, have u seen heard this before "Too many people buy things they don’t need with money they don’t have to impress people they don’t know." Perhaps, that's sums up your condition. Off Topic: Do anybody know why a topic disappear on a board? I posted a topic titled '15 Pets With Guinness World Record' on Pets board this morning around 7am but it disappear few minutes later, I made effort to mail the moderator but I didn't get any response. What could have happen?. |
To be honest, some politicians are honest. I can't say about that of a prostitute because I don't know any of them. |
Someone use this picture as DP on bbm just now and I can't just stop laughing. It may not be new to most of us here but I just want to share it. Who is the worst liar, the politician or the prostitute?. Lolz.
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Pathetic! |
Oh, some statements are just inspiring and appealing. My favorite is number 10; ' The most painful thing is losing yourself in the process of loving someone too much, and forgetting that you are special too.'. It so appealing to me because that's what I'm going through now, I may chose another this time next week. |
Chubhie: Mikel and keshi are like bread and butter while, emenike and Mikel are both nursing secret matured grudges against each other if Keshi is a politician, he ought to know how to play the politics and get the best from his players. Keshi on a first glance doesn't look the coach that can inspire me to bleed playing for him. I remember when I played for coach Chike and he made it known to me in clear terms that I'm his assassin and my play is only fit for Europe hence one of the finesse of italian defenders of old. That sets my mindset rolling and I see each game as war. Mourinho is the only coach that have resonated with me hence, I follow him to which ever club he goes. We need a Bonfre jo in super eagles.Good comment and incredible signature, if I have to chose between both, I will opt for your signature. |
I don't mind what people will say here, Emenike is one of the most important player in that team and I honestly don't understand why he get such criticism. If Stephen 'Koshi' could be celebrating Mikel ''Slowbie' ahead of other players in that team raises alarm. This is happening at a moment all hand suppose to be on deck, all this will do nothing good to the team aside havoc and it will reck the team spirit and group cohesiveness. I will urge Emenike to forget anything said against in the interest of the team and the over 170million Nigerians. |
barcanista: What a long article...Long indeed, but the article is really captivating so I took my time to read and open a thread with it. |
Well, Nigeria is one of the best place for China product. |
SB |
May Allah reward you abundantly. I wish I was the moderator, this thread will be on Front Page by now. |
The world shuddered with great disbelief when Nigerian government tried frantically, albeit unsuccessfully, to defend the allegations of money laundering, terror financing and armed smuggling arising from the impounded 9.3 million dollars cash smuggled to South Africa via a private jet belonging to the President Goodluck Jonathan’s personal friend and unapologetic ally, Pastor Ayo Oritsejafor, the President of the Christian Association of Nigeria, CAN. South Africa said the amount is above the limit of cash allowed into the country. The scandal was so big and very indefensible that the South African authorities found the Nigerian government’s explanation untenable and unacceptable. On the basis of this, lawyers Femi Falana and Festus Kiyamo, Professor Ishaq Akintola of Muslim Rights Concern, Dr Olapade Agoro (Founder Aladura Christians Communion) and millions of Nigerians who have suffered trauma, loss of business, family members, the Chibok girls proclaimed: #Oritsejaforhasacasetoansw While Pastor Olapade Agoro queried the rationale for Oritsejafor’s action, Otunba Dino Melaye posited that Oritsejafor should be arrested and investigated. It would be recalled that the Catholic Church pulled out of the Oritsejafor-led Christian Association of Nigeria because of the way he runs the Association, citing politicization and his attitudes, unbefitting of a clergy of his status. It accused Oritsejafor of fast turning an erstwhile, most revered association of Christians in Nigeria to a moribund one, converting a supposedly non-partisan religious body to a political platform. Cardinal Olubunmi Okogie, one of the founders of CAN who ruled the organisation for eight years, declared: Oritsejafor is finished, can is damaged! He said ‘’Oritsejafor is making a mockery of the association by his closeness to President Goodluck Jonathan and the ruling Peoples Democratic Party, describing him as “fallen from grace to grass”, Cardinal Okogie said Mr Oritsejafor’s has also lost grip of the leadership of CAN, adding that his Oritsejafor “unrighteous” quest to remain in power and his “romance” with politicians have finished him and derailed the once respected Christian body from the lofty dreams of its founding fathers. Many NGOs, including the Centre for Global Peace Initiative (CGPI) called for plausible explanation just as many rights organisations and Muslim groups, particularly Muslim Rights Concern, MURIC and MPAC Nigeria demanded for an independent investigation. This was followed by a Press Conference held on Tuesday 23 September, 2014 by the Conference of Islamic Organisations (CIO) in Lagos. In attendance were Sheikh Abdurrahman Ahmad, National Missioner/Chief Imam of Ansar Ud Deen Society of Nigeria, Prof. Is-haq Akintola, Director MURIC, Sheikh Abdurrahman Adangba, Chief Missioner of Fathiu Quareeb Society of Nigeria, Sheikh Ishaq Adebayo Tejdini, Chief Imam/ Missioner of Rahmat Islamiyyah Society of Nigeria, Mallam Qasim Badrudeen, Immediate past Amir, MSSN Lagos Area Unit, Sheikh Muhammad Olatunji, Amir of Zumratu Rashideen, Abdulwahab Adetunji of The Muslim Congress and Imam Abdullahi Shuaib, the Coordinator of CIO among others. The gravity of the issue could not but polarise the Nigerian MPs as the opposition members of the House of Representatives staged a walk-out when the House presided over by its Deputy Speaker, Ike Ekperemadu attempted to sweep the matter under the carpet by referring it to a committee rather than allow it to be discussed at the plenary. The members, mostly of the All Progressive Congress resorted to calling on Nigerians to take their faith into their hands after they were arm-twisted by the majority in the House. Among those who found the act despicable is a human rights activist and Lagos-based lawyer, Festus Keyamo. Keyamo picked holes in the position of the Federal Government regarding the matter. The government’s spokesman, Rueben Abati said the seized money belonged to the Nigerian Government, and a huge sum is meant to buy weapons for the soldiers fighting insurgency. But Keyamo described the defence as not only ludicrous, but also laughable, asking why the Nigerian government would seek to smuggle cash into the country without disclosure if it were indeed, for a legitimate transaction? Keyamo wondered why a government which claimed to be at the forefront of cashless policy campaign would launder such large sum of money by cash out of the country. He also found the government’s explanation to have resorted to purchasing weapon from South Africa because of procedural bottlenecks in the purchase of such items from Western countries, concluding the story is only fit to be told to the marines. The Lagos based lawyer queried; if indeed the transaction was a legitimate one, why was the money moved by a private jet and by private individuals and why were they not accompanied by the officials of the Department of State Services or the office of the National Security Adviser in official capacities? He also asked to know whether it is really faster and safer to do an international transaction of such magnitude by ferrying cash across the continent or by a simple wire transfer that can go through in a matter of few minutes or few hours In Keyamo’s words, If contrary to the above posers, the transaction was contracted out to a private company in Nigeria, does it not amount to the offence of Money Laundering under our laws for the Government that is at the fore front of cashless policy campaign to have allowed such company to attempt to pay for the equipment by cash to the tune of that amount without passing through a financial institution? From the way the entire scenario is wrapped in secrecy, globally, transactions that are done in a huge volume can only be illegal dealing for an illegal purpose that is meant to be untraceable. He surmised that to an average Nigeria, the operation is a covert and illegal one that went horribly wrong and that the Government’s position and explanation is a cock-and-bull story meant to be shoved down the throat of undiscerning Nigerians. Keyamo further concluded that what the explanation succeeded in doing is to rather buttress the fact that billions of Nigerian monies that could be used to develop the nation are being smuggled out of the country on a regular basis with the connivance of the security agencies and under the auspices of the presidency. To me, this can only justify the allegation of the former Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi of huge corruption in high offices. It would be remembered that the issue that saw the pre-mature exit of the Governor was the same that brought in pro-ATM Godwin Emefiele and still sustaining the Minister of Petroleum, Allison Madueke in office. If not, which financial institution would have arranged 9.3 million dollars cash of new notes? One plausible thing a responsible government would do in this circumstance is to own up, set up an independent investigative panel of men of repute, name the two faceless Nigerians involved in the transaction, and apologise to the nation rather than vain-gloriously papering over irreparable cracks. If the president does not disown Oritsejafor, the fear is that mere setting up of an inquiry will not suffice, it may only go the way of Stella Odua’s case, petroleum subsidy fraud and pension scam amongst many others. An attempt to save a drowning clergy at the expense of national pride and reputation is rather too costly. Anything to the contrary will simply lend credence to the Australian negotiator’s indictment of, and the Northern Elders’ allegation of genocide against the former Chief of Army Staff, Lt General Azubuike Ihejirika, the involvement of former Governor of Borno State, Senator Ali Modu Sheriff as well as the culpability of Ayo Oritsejafor and the complicity of the Nigerian Government in the money laundering, terror financing and armed smuggling allegations. In this vein, a little comparison of governance in Nigeria with South Africa is apposite for a feel of how low we have gone as a nation. According to a report: ‘’The South Africa Revenue Service (SARS) seized the money initially because it was not disclosed at customs, said Nathi Mncube, the National Prosecuting Authority (NPA) spokesperson. Two black plastic suitcases, filled with 90 blocks each containing US$100,000 in notes, with combination locks, were seized, as well as two pieces of hand luggage also containing US currency. ‘’Eyal Mesika, of the Isreali security company had the combination to open the locks. Investigations by South African authorities uncovered an invoice from Tier One Services, a subsidiary of the Tier One Services Group Limited, to Cyprus-based company ESD International Group Ltd. ‘’A statement on the company’s website states that Tier One Services Group “provides aviation, logistics, security, risk management support and specialised training services to organisations and individuals operating in austere and challenging environments.” Its offices are spread across the Middle East and Africa. ‘’The invoice from Tier One to ESD was for armaments and helicopters, according to Mr. Mncube. “In court papers, the NPA submitted evidence that Tier One is not registered with the National Conventional Arms Control Committee and is thus not authorised to enter into any agreements regarding the sale and/or rental of military equipment.” ‘’The agreement between Tier One and ESD was concluded on September 8, according to a South African press, three days AFTER the money was seized at Lanseria. Last Friday, a North Gauteng High Court granted the NPA’s asset forfeiture unit an order for the freezing of the cash. “The NPA submitted to the court that, although various explanations about the money were given to the investigating officer, these explanations were flawed and riddled with discrepancies,” Mr. Mncube said. My sincere advice for our president is that no matter how long he stays in office, he would one day leave the stage and join the likes of Shehu Shagari, Ibrahim Babangida and Olusegun Obasanjo. He should know that no matter how secretive the affairs of governance are pursued, some would be privileged to know about them, and they will definitely be part of writing the history of this administration. Our President should know that Nigerians today have become more sensitive. The old story that Boko Haram exists because Northerners do not want Jonathan is no longer credible. Or how could they be killing themselves, slaughtering their sons and raping their own daughters without throwing a single bomb outside their enclave just because they don’t want Jonathan to rule? We now know that there are more than one Shekaus. The old teevee picture of Shekau is different from the new one and it is now clear that most of the Shekaus threats shown on teevee were stage-managed. We still remember vividly that the head of security operatives have consistently said they know where the Chibok girls are and they would soon be released. In fact, MPAC Nigeria posited that the whole exercise is a conspiracy against the Muslims judging from Jonathan’s undisguised hatred for Islam and the North (remember the Confab composition) and Oritsejafor’s belligerent disposition towards his Muslim neighbors. Some are already insinuating that President Jonathan and the CAN President are both planning for ethnoreligious war and financing Boko Haram against the Nigerian army. Some submitted that the weapons were actually meant for Boko Haram, revealing the answer to who the sponsors of Boko Haram are. Others simply deduced that the weapons are meant for the kinsmen of both Jonathan and Oritsejafor- the Niger Delta militants to prosecute the likely conflagration that could ensue, in case the North gangs up to deny Jonathan Presidency come 2015 and /or if the South-South region eventually decides to secede. Nigerians have not forgotten how the Chibok Girls abduction was tactically and strategically managed or is it mismanaged to prevent early rescue of the girls and how our military was made to look helpless in the face of Boko Haram’s onslaught. Nigerians still remember the allegation of Amnesty International which reported that the Nigerian military unbelievably refused to act to prevent the Chibok abduction despite the fact that they received intelligence report of the abduction four hours before the militants arrived. Information emerging after the President seemed to have secured the ticket to run again as President in 2015, are indicating that the North East will more likely now have relief from Boko Haram attacks. The recent news has it that the Chibok girls would soon be released; Shekau likely to be dead again and some insurgents are surrendering and turning in their weapons with promise of rehabilitation and reintegration into the society. It is also being insinuated that if none of the Northern Governors decamps to the opposition and no PDP politician of Northern extraction comes out to reject the adoption of Jonathan as the sole presidential candidate, the North will be spared of the antics of Jonathan and his kinsmen, including CAN president Oritsejafor. Nigerians of all religions should therefore continue to pray fervently for one indivisible nation and beg the Almighty that all the enemies of this great country from within and without be destroyed before 2015 just as Pharaoh was destroyed in Egypt. The South African government and its enforcement authorities should therefore continue to stand with humanity, honesty and for peace until investigations are concluded to establish the innocence or otherwise of Oritsejafor since it appears justice can only be expected from South Africa. With a national disgrace brought by this seizure on South African soil on the illegally chartered private jet belonging to the foremost leader of CAN whose speeches on the insurgency have favoured escalation of the crisis, this whole scenario is more than meet the eye. Nigerians are watching; Time will tell! Yinka Salaam saharareporters.com/2014/09/29/tale-two-presidents-and-flurry-reactions-yinka-salaam |
E-commerce site eBay is planning to split off its payments system PayPal into a separate company. News of the move, which is expected to be completed in the second half of 2015, sent eBay's shares 7.5% higher. It is a reversal of strategy for the company, which has previously resisted pressure to split. However, the boss John Donahoe said the logic for running the companies jointly had changed. PayPal's revenues are growing at 19% a year, twice as quickly as eBay's. Its payment system is available in 203 markets worldwide and is expected to process one billion mobile payments this year. PayPal's annual revenue is $7.2bn (£4.5bn), while eBay's is $9.9bn and is growing at 10% a year. "A thorough strategic review... shows that keeping eBay and PayPal together beyond 2015 clearly becomes less advantageous to each business strategically and competitively," EBay's chief executive John Donahoe said. *Resistance Earlier this year the activist investor Carl Icahn began pressing for eBay to sell PayPal, a plan that was resisted by the eBay board. He stopped pushing after failing to gain enough support. "We are happy that eBay's board and management have acted responsibly concerning the separation - perhaps a little later than they should have, but earlier than we expected," said Mr Icahn in a statement on Tuesday. He added the separation will "meaningfully enhance value for all shareholders". Analysts cheered the move, because it is seen as strengthening PayPal's position as more e-payment systems, such as Apple Pay and Alibaba's Alipay, enter the marketplace. "Breaking off from eBay will provide PayPal with more autonomy to compete in the payments space, particularly with respect to Apple Pay and other emerging mobile wallet providers," wrote online advertising analytics firm eMarketer in a note. EMarketer estimates that in the US, mobile payments using smartphones will reach $3.5bn in 2014 and then balloon to $118bn by 2018. *Leadership change EBay bought PayPal in 2002 for $1.5bn, and the payments company is now eBay's fastest-growing business, with 143 million active users at the end of 2013, up 16% from a year earlier. PayPal's new president and chief executive will be the current American Express co-executive Dan Schulman. Meanwhile, Devin Wenig, currently president of eBay Marketplaces, will become the new chief executive of eBay. m.bbc.com/news/business-29423251 |
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