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PoliticsRe: Peer Review: Edo, Kwara, Kaduna States Record About 400% IGR Increase In 3 Years by nabegibeg: 2:26pm On Nov 08, 2018
grin grin grin
RomanceRe: Tanzania: Police Arrest 10 Suspected Gays For Organizing Same-sex Marriage by nabegibeg: 2:10pm On Nov 08, 2018
CrimeRe: Fuel Station Director Stabs Manager To Death Over N40K In Anambra. Photos by nabegibeg: 2:07pm On Nov 08, 2018
dainformant:
The atmosphere at Okpuno Nnewichi, Nnewi, in Nnewi North local government area of Anambra state was tensed up on Wednesday, November 7, when a Fuel Station Manager at NENCO Fuel station was murdered by his employer.

It was gathered that trouble started when the director(names not ascertained); told the manager to immediately provide the sum of N40,000 which he said was missing from the company's purse.

The manager reportedly begged his employer to bear with him, and deduct the said sum from his November salary, but the director of the fuel station declined and insisted that the money must be provided instantly.

What seemed to be a mild drama turned bloody, when the director of the company in a desperate move to recover the said money, stabbed his employee several times with a screwdriver before he collapsed.

He was rushed to the Rose of Sharon Specialist Hospital, along Oba Rd., Nnewi, where doctors confirmed he was dead.

The director of the fuel station disappeared from the hospital immediately his employee was pronounced dead.

The body of the deceased was however taken away to an undisclosed destination by police operatives in Nnewi.

The Anambra State Police spokesman, Haruna Mohammed confirmed the development when contacted but said the headquarters is yet to get the full detail of the incident.

See more; https://www.nationalhelm.co/2018/11/fuel-station-director-stabs-manager-to-death-over-n40k-in-anambra-photos.html

Credit; Anaedo Online TV



https://www.youtube.com/watch?v=4jEC-0PPQg0
Now that he has killed him he should eat the corpse since he refuse to listen to the voice of reasoning

CelebritiesRe: Photos From Toke Makinwa 34th Birthday Dinner Party by nabegibeg: 12:01pm On Nov 08, 2018
oyacastam:
Toke Makinwa shares photos as she glows for her 34th birthday dinner party.

She wrote:

"Still on Chapter 34.... a few good men #Birthdaydinnerparty the rain came down but could not dim my sparkle � pls don’t ask what @officialbovi said and why he has flowers in his hands. Pls do not ����"

See photos:

Source: https://www.gistvic.com/2018/11/photos-from-toke-makinwa-34th-birthday.html
gathering of ancestors

PoliticsRe: Osun: PDP Reacts To Ademola Adeleke’s Alleged Health Failure by nabegibeg: 11:15am On Nov 08, 2018
Modarun:
Published on November 8, 2018
By Rasaq Adebayo

Following an ongoing report on social media that the embattled Peoples Democratic Party (PDP) governorship candidate in Osun State, Ademola Adeleke, collapsed at the airport in Abuja, the party has debunked the rumour, saying the contestant in the last Osun gubernatorial election was hale and healthy
In a statement released to DAILY POST by the Spokesperson of Adeleke Campaign Organization, Olawale Rasheed, the party declared that there was no time Adeleke left Abuja, let alone collapsing at the airport or any other place.
It described the rumour as being totally false and mere propaganda to demean the party’s flag bearer.

The statement reads: “Our attention has been drawn to an evil rumour circulating about the state of health of Senator Ademola Adeleke.We affirm that the people’s governor is hale and hearty.
“As a distinguished senator and holder of the people’s mandate, Ademola Adeleke has been attending to statutory duties within and outside his constituency in good health and high spirit. There was no time the Senator suffers health failure either at airport or anywhere else.
“We, therefore, urge our teeming supporters and the good people of Osun state to ignore any fake news purporting health failure on the part of the Senator. It is a product of warped minds and infantile imagination of usurper of peoples mandate.
“All hands are on deck to regain the mandate of the people freely given on September 22. We owe Osun people that sacred duty.”

http://dailypost.ng/2018/11/08/osun-pdp-reacts-ademola-adelekes-alleged-health-failure/
PoliticsRe: We Spend N3.5 Million To Feed El-Zakzaky Monthly - Lai Mohammed by nabegibeg: 11:03am On Nov 08, 2018
stephanie11:
@POLITICSNGR

Nigeria's minister of information, Alhaji Lai Mohammed has revealed how much the Nigerian government spends monthly to feed the detained leader of the Islamic Movement of Nigeria (IMN), Shiekh Ibrahim Elzakzaky.

During a press conference recently, Mohammed said that the FG spends N3.5million every month in feeding the El-Zakzaky.

He added that the Shiites were a "different kettle of fish" when it comes to dealing with them.

Watch the video of reactions HERE

https://politicsngr.com/spend-n3-5-million-monthly-feed-el-zakzaky-lai-mohammed-watch/
PoliticsRe: Peter Obi Meets Prince Charles by nabegibeg: 10:59am On Nov 08, 2018
[quote author=MeanChris post=72785197]According to Mr. Peter Obi's Twitter handle...


It was my pleasure meeting with Prince Charles at the residence of the British High Commissioner to Nigeria, Paul Arkwright, in Abuja. We discussed issues of mutual interest between our two countries.


https://twitter.com/PeterGregoryObi/status/1060456737613012994?s=20[/quote]
PoliticsRe: 2019: Adebayo Shittu Abandons Buhari/osinbajo Campaign Office, Now For Let by nabegibeg: 11:14pm On Nov 06, 2018
Tosinayoko:
Is it everyone that has family member they can call for help? if you can't help just read and pass... simple! Most of this under 30 on Nairaland do not know life yet... If you have never been broke it doesn't mean people don't get really broke.
Are you part of the scam too
CelebritiesRe: Ahneeka's Tooth Extracted: "Can I Use My Tooth For Blood Money?" by nabegibeg: 4:11pm On Nov 06, 2018
kidap:
It looks like Former BBNaija Housemate, Ahneeka is in need of quick money.

The Former 2018 BBNaija Housemate, Ahneeka took to her Instagram story to ask a question about she removed her tooth.

She shared a photo of her removed tooth and asked if she can use them for blood money.



Source: https://gidifeed.com/can-i-use-my-tooth-for-blood-money-ahneeka-ask/
Now that you are nursing the idea any child or human being missing around your end you become prime suspect
PoliticsRe: 2019: Adebayo Shittu Abandons Buhari/osinbajo Campaign Office, Now For Let by nabegibeg: 4:09pm On Nov 06, 2018
Thugnificent:
Please nairalanders I'm so stranded. I lost my wallet and keys in a cab right now with my last money in it. I just withdrew all the money in my account few minutes ago to settle some pressing needs. Right now i don't even have transportation back home. All i need is 2k please..... 0087221630 Diamond Bank
If you have data you have WhatsApp or other social media to contact your family members to come to your rescue

PoliticsRe: 2019: Adebayo Shittu Abandons Buhari/osinbajo Campaign Office, Now For Let by nabegibeg: 4:06pm On Nov 06, 2018
Letenwam:
Nigeria's Minister of Communications, Adebayo Shittu, whose name was struck out of the list of cleared gubernatorial aspirants for APC primaries in Oyo State, has abandoned the Buhari/Osinbajo campaign office.

According to Daily Post, Adebayo Shittu closed down the South West campaign office for President Muhammadu Buhari and Vice President, Yemi Osinbajo ahead of the 2019 general elections. The Buhari/Osinbajo campaign office whose inauguration was attended by former Governor of Abia state, Chief Orji Kalu and former Senate President, Ken Nnamani, is strategically located along Mokola-Ojoo Road in the heart of Ibadan, the Oyo state capital, and was meant to serve as the campaign office of Buhari and Osinbajo in the South West region, gubernatorial campaign office and Ministerial office of the embattled Minister, Shittu.

It was gathered that the banners and photographs which were earlier put up during the commissioning of the building have been removed, and the building has been offered for let after the Minister closed it.

The Buhari/Osinbajo campaign office which was commissioned on Saturday, 20 January 2018, has been deserted after it was abandoned and closed by the Minister ten months after the commissioning. Residents of Veterinary, Oke-Itunu and Mokola and other people have also taken the advantage of the compound surrounded and over grown by weeds to dump refuse.

The Minister of Communications who claimed that the house was rented to him (Shittu) by Hon. Ajibola Muraina, a Peoples Democratic Party (PDP) chieftain, added that the fact that the rent had terminated does not mean that Shittu is abandoning campaign for Buhari/Osinbajo ticket.

Aderogba, a cousin to the Minister said:

“To start with, the building in question is not owned by Barrister Adebayo Shittu but was rented from one Barrister Hon. Ajibola Muraina, a PDP chieftain.

“Secondly, the fact that the rent was terminated is not conclusive that Barr. Shittu is abandoning campaigning for Buhari/ Osinbajo ticket as we are aware that Barr. Shittu is already making arrangements for a new and better location for coordinating campaigns for Buhari and Osinbajo’s reelection.

“Furthermore, Barrister Adebayo Shittu remains one of the most loyal, the most trusted and the most beloved ministers in the Buhari presidency."

https://lailasnews.com/2019-adebayo-shittu-abandons-buhari-osinbajo-campaign-office-now-for-let/
CelebritiesRe: Dede Nne In 'Spell Collins, Okorocha, Buhari’ Video Gets Help (Photos) by nabegibeg: 4:00pm On Nov 06, 2018
imouduokalo:
I am ready to show 50 people how their smartphone can be putting between #3,000 to #50,000 into their bank account every single month, u doubt u miss out.

Check my signature
If you have this talent to make so much money why are you still where you are on nairaland looking for people.
CelebritiesRe: Leo Takes Cee-c To Bank Of The Atlantic Ocean For A Birthday Breakfast by nabegibeg: 1:42pm On Nov 06, 2018
Letenwam:
Leo who got a surprise birthday party from Cee-C on his special day, took Cee-C to bank of Atlantic Ocean for birthday breakfast on her 26th birthday today.

Leo who shared a video with Cee-C at the bank of the Atlantic Ocean, wrote;

Nkem temi! @ceec_official you are one amazing woman. One thing I love most about you is how unconventional you are. I lost my mother and you were ready to listen to how I feel and not in a hurry to dismiss my pain by telling me “be a man” or “move on from it” as commonly used.
I’m glad I have someone like you in my corner and you already know I have got your back anytime and any day.
Age with grace amazing woman ❤️.
Always remember two things :
1. You can be anything you choose to be in this life.
2. People might compare you to others but never compare yourself to anyone. You are greatness on your own.


https://lailasnews.com/leo-takes-cee-c-to-bank-of-atlantic-ocean-for-birthday-breakfast-video/

lalasticlala
Gradually the mammi water is called him through her
PoliticsBreaking: Labour Suspends Planned Strike by nabegibeg(op): 11:13pm On Nov 05, 2018
The organized labour has suspended it planned strike.

Details later

https://www.vanguardngr.com/2018/11/breaking-labour-suspends-planned-strike/
PoliticsRe: NURTW Threatens To Join Strike, Transport To Be Grounded by nabegibeg: 8:03pm On Nov 05, 2018
haladadon:
I can't remember the last time I paid transport


na Lexus things.

soon to get my bicycle.
where was the last place you visited?
PoliticsRe: NURTW Threatens To Join Strike, Transport To Be Grounded by nabegibeg:
CelebritiesRe: Yul Edochie: 'Marrying At 22 Is One Of The Best Decisions Of My Life' by nabegibeg: 8:03pm On Nov 05, 2018
Mrsoundoro:
Actor/Politician, Yul Edochie, says getting married to his wife and mum of his four children, May, at 22 is one of the best decisions he has made in his life. Yul said this when he spoke on Rubbing Minds with Ebuka Obi-Uchendu yesterday November4th.

When Ebuka asked him why he got married that early, Yul said


Asked if at anytime he felt he was too early to have gotten married, he responded




Source: https://gidifeed.com/marrying-at-22-is-one-of-the-best-decisions-of-my-life-yul-edochie/
CelebritiesRe: Funnybone Meets A Very Tall 20-Year-Old 'Goliath' (Pictures) by nabegibeg: 7:52pm On Nov 05, 2018
EducationRe: Covenant University Would Produce A Nobel Laureate Before 2022 - Oyedepo by nabegibeg: 7:38pm On Nov 05, 2018
barojana:
As Covenant University works toward realising the vision 10:2022, when it would be listed among the 10 leading world-class universities by the year 2022, another goal has been placed before the entire faculty and staff of the University.

“Before the said date of 2022, at least one Nobel Laureate will rise from here”, the Chancellor, Dr David Oyedepo declared at the founders day ceremony.

Dr Oyedepo spoke on “Engaging the Power of Absolute Dependency on God” which he said was the secret behind the success story of Covenant University. “Absolute dependency on God is the platform for the rise of giants. Since everything produces after its kind, then if the Most High God is your source, you can’t be the lowest in your engagement. For everything you look up to in life, there is nothing like depending on God. Everything outstanding has the great God behind it.


“You can’t be a world-class university without a Nobel Laureate. All researchers here must trust Him and acknowledge Him at every point of breakthrough. Please, trust Him, don’t share in His glory, then you have committed Him to perform,” he emphasised.


The Chancellor also noted that the essence of Founder’s Day was to reflect on the faithfulness of God, to acknowledge Him as the source of all the positive experiences of the University. “What we are celebrating today are not achievements but ‘engracement’. We are what we are and where we are by the grace of God.”

Dr Oyedepo further reiterated his belief in the actualisation of the Vision 10:2022 which according to him, can only be realised by the hand of God “Vision 10:2022 is a done deal. I therefore congratulate you ahead of time,” he said.

The Chancellor and Chairman, Board of Regents used the occasion to pray for the faculty, staff and students for steadfastness, continuity and productivity,

The Vice-Chancellor, in his remarks itemized the successes of the University from inception and particularly, the first three years of his administration.

He noted that the University pioneered some programmes and ideas that have been adopted by the universities regulatory agency, the National Universities Commission (NUC) and other universities in the country. Some of these according to him are Entrepreneurial Development Studies, dress code, abolition of pass degrees among others.

The Vice-Chancellor noted that the University has won many awards and accolades which stands the University out among the league of universities despite its young age. Of note was the gold awards won at the World Invention and Innovation Forum 2015 in Yanchang, China.

On the alumni platform, the VC informed that the University has produced over 16, 000 graduates referred to as ‘Eagles’ and noted that a great number of them are doing well in various sectors of the economy, ICT, aviation, agriculture, oil and gas as well as business and careers.

https://davidolaleye./2018/11/05/bishop-oyedepo-covenant-university-will-produce-a-nobel-prize-winner-before-2022/
congrats to them
PoliticsRe: Minimum Wage: FG Planning To Increase Petrol Price To N185 – Fayose by nabegibeg: 5:36pm On Nov 05, 2018
PoliticsRe: Minimum Wage: Why We Can’t Meet Labours’ Demands – Nigerian Govt by nabegibeg: 6:28am On Nov 05, 2018
12Ebisco:
The federal government on Sunday gave reasons why it cannot meet the demand of labour unions that the national minimum wage be increased to N30,000.

The labour unions, NLC, TUC and ULC, have vowed to commence a nationwide strike from Tuesday if government does not meet its demand.

The workers unions accuse the government of going back on a N30,000 decision reached at a tripartite meeting between labour, government, and private employers.

However, the federal government says no agreement was reached at the tripartite meeting and insists on a N24,000 minimum wage, while the state governors say they would only be able to pay N22,500.

On Sunday, the labour unions boycotted a reconciliation meeting called by the Secretary to the Government of the Federation (SGF).

Speaking with journalist Sunday evening, the SGF, Boss Mustapha, said the meeting was part of the exercise that ought to be undertaken to ensure that there was a complete report to be submitted to the presidency on the issues relating to the minimum wage.

Mr Mustapha said that the tripartite committee has been working assiduously though there were outstanding issues that needed to be dealt with and that was the reason he called for the reconciliation meeting.

“Basically the only outstanding issue that needs to be dealt with is to harmonise the 5th chapter of the report and get the figures in for the purposes of submission to government,” he said.

REASONS WE CAN’T MEET N30,000

The SGF said President Muhammadu Buhari, while inaugurating the tripartite meeting, emphasised the need for a unanimous resolution at the meeting, something that was yet to be agreed to.

“Mr President went further to emphasise that the concern is not only for the welfare of the workers but also every other thing should be taken on board as it affects the country’s economy.

“So it is a balance of the welfare of the workforce with the effect of the new minimum wage and the economy,” he said

The SGF quoting Mr Buhari said, “We yearn to go above basic social protection for Nigerian worker but also tie to the ability to pay, because I know that a lot of states are even having difficulty meeting the basic minimum wage”.

He noted that 27 states were having difficulty in paying the current minimum wage of N18,000, while noting that he was not making any excuses for them.

He did not elaborate on why labour unions boycotted the meeting but said the tripartite meeting will continue tomorrow.

“I want to assure all of you that once the report is concluded and ready, I will personally ensure that Mr President sign immediately on it,” he said.

Earlier on Sunday, the General Secretary of the NLC, Peter Ozo-Esan, told PREMIUM TIMES in a telephone interview why his union boycotted the Sunday meeting.

“We (NLC) are not aware of any meeting with the SGF over any matter. A government that gets an injunction against us without putting us on notice until we heard from the press has shown enough bad faith.

“Even if we were aware, we would not be interested to attend any meeting. The meeting we are aware of, which we are going to attend, is the tripartite committee meeting tomorrow in Abuja. That’s the one we plan to attend. That is the official position,” he said.

https://www.mcebisco.com.ng/2018/11/minimum-wage-why-we-cant-meet-labours.html
you cant afford a meagre N30,000 yet can afford to embezzle our treasury

PoliticsRe: Reps To Reopen Alleged $1.348b Power Fraud Probe by nabegibeg: 6:28am On Nov 05, 2018
Nwaforj44:
The House of Representatives could reopen the probe into an alleged $1.348 billion power sector fraud levelled against General Electric (GE) and Rockson Engineering Nigeria Ltd.
The issue, which has lingered for years, will not be swept under the carpet, vowed chairman of the House Committee on Power, Dan Asuquo, in an interview at the weekend.
He expressed surprise that the authorities have not yet taken action on findings by relevant committees of the previous National Assembly, insisting the legislature would push for the refund of the alleged stolen money.
“The National Assembly has done its work. It has come out with a report. The report is there for anybody to see and use. If you talk about Rockson, in collaboration with GE, they have issues of which Nigerians should ask questions. If somebody is not performing, the law is there.


“We cannot promote the fleecing of taxpayers’ money. If somebody is irresponsible, the law is clear; you blacklist and terminate, as long as you’ve kept your own part of the contract. We will call for that refund, if that magnitude of padding, waste and corruption has been done,” said Asuquo.
The allegation, which came via a signed petition by about 10 civil society organisations and dated September 26, 2018, was received by the office of the acting chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, on September 27, 2018.
President Muhammadu Buhari had recently wondered how a former government allegedly spent $16 billion on the sector without results. He also accused the National Assembly of not exercising adequate oversight on the sector.
The two companies were blacklisted in a 2008 House of Representatives report.
The Association of Power Generation Companies (APGC) meanwhile said since June 2018, power Generation Companies (GenCos) have not received payment from the Nigerian Bulk Electricity Trading Plc (NBET) for electricity generated.
APGC’s Executive Secretary Dr Joy Ogaji disclosed this in an interview with the News Agency of Nigeria (NAN) in Abuja yesterday. According to her, GenCos were being owed N500 billion for power generated from 2013, when they took over electricity generation, to December 2016.
She said: “The GenCos debt is classified into about three categories. So, when you are talking about debts, before even NBET came, market operators owed GenCos. If you calculate all that debt from 2013 to December 2016, GenCos’ debt was about N500 billion. This debt that we are talking about is without interest, because the Power Purchase Agreement (PPA) says if they delay payment, GenCos are entitled to interest. So, this amount is without interest. It does not also cover the cost for available capacity.”
She said further: “GenCos make capacity available. So, the power that is being rejected…it does not cover that one, because that is a different cost. From 2017, NBET, through Federal Government’s Payment Assurance Guarantee, has only been paying 80 per cent and there is 20 per cent shortfall till date. And for this year, since June, we have not been paid.”
On GenCos meeting their obligation on payment to gas companies, Ogaji noted: “GenCos have been taking loans from banks to be able to meet their obligations in the market and put power on the grid. When we don’t generate, we are called saboteurs. They will start saying that the owners of the GenCos are PDP members; that is why they are not generating. But the government is not looking at the cost implication of putting power on the grid and you are not paying for it. There is no business person that will want to continue business when he is not getting anything on it. And upon that you are being accused that you are a saboteur.”
The APGC executive secretary however said GenCos were engaging NBET on the matter.
But the Head Corporate Communication of NBET, Mrs. Henrietta Ighomrore, described the alleged non-payment since June as inaccurate. GenCos have always received their payment as at when due, and at no time did NBET withhold payment to GenCos, she said.
“NBET does not retain any money. Every money we receive from the DisCos, we immediately pay it to the GenCos to settle their invoices,” she explained, stressing it is important to understand how payments are made in the electricity market.

“For instance, if you have January’s invoice, that invoice will be coming to you around the end of February or early March. The generating companies generate and then they send to us and then we send to the DisCos. At the end of the month, the Market Operator (MO) will read the meter and then raise the market settlement statement.”

https://www.akelicious.net/2018/11/reps-to-reopen-alleged-1348b-power.html

PoliticsRe: 1,800 Ogun Flood Victims Get Relief Materials by nabegibeg: 6:27am On Nov 05, 2018
16Ebiscoo:
Ogun State Government has flagged- off the distribution of relief materials to 1800 flood victims in Abeokuta North and South Local Government Areas of the state.

The state governor, Senator Ibikunle Amosun during the Flag Off distribution exercise to the July 13, 2018 flood victims at Arcade ground, Oke-Mosan, Abeokuta, said flooding was a global phenomenon, which occurred as a result of climate change and had continued to wreak more havoc in different part of the world.

Represented by his Deputy, Mrs. Yetunde Onanuga, Amosun disclosed that, structures mostly affected were situated at flood prone areas, with poor sanitation, calling on relevant agencies of government to be more effective at ensuring good environmental sanitation, so as to prevent reoccurrence.

Also speaking at the event, the Director General, National Emergency Management Agency (NEMA), Engr. Mustafa Maihaja, represented by the Chief Planning Officer, Mr. Segun Afolayan, noted that 1800 victims registered with NEMA and their items were ready for distribution, urging the federal government to sign the NEMA bill into law so as to effectively exercise its duties.

In his remark, the state Commissioner for Environment, Mr. Bolaji Oyeleye, stated that, relief materials distributed included; foodstuffs, building materials, mattress among others, imploring beneficiaries to effectively utilise them.

Speaking on behalf of other beneficiaries, Mrs. Anike Ogunsola and Mr. Abayomi Idowu, while appreciating both federal and state government for the relief materials given to them, called for more measures to promote sanitation.

They urged government to ensure proper enforcement of environmental laws.

https://www.mcebisco.com.ng/2018/11/1800-ogun-flood-victims-get-relief.html
The news coming out now is obvious the money has been siphoned and embezzled

PoliticsRe: Publishing Debtors’ List Will Enhance Amcon’s Debt Recovery, Say Experts by nabegibeg: 6:24am On Nov 05, 2018
Mrakeli:
The recent publication of list of debtors by the Asset Management Corporation of Nigeria (AMCON) has been welcomed by experts who believed the move will boost the recovery of existing huge non-performing loan (NPLs) by the corporation.

Although mixed reaction had trailed the action by AMCON, especially its legal implication, some experts who spoke to Akelicious, however said the move by the corporation was a step in the right direction.

Former Managing Director, Unity Bank Plc, Dr. Mohammad Rislanudeen and a Professor of Finance and Capital Market at the Nasarawa State University, Keffi, Prof. Uche Uwaleke told Akelicious over the weekend that naming the debtors, including prominent Nigerians would be a game changer in its recovery drive.

According to Rislanudeen, the NPLs which stood at about five per cent when the debts were acquired by AMCOM in 2011, now averaged about 15 per cent, implying that more loans had gotten bad.

He said both AMCON and the debtor entities are currently in a dilemma-“because that chunk of money- over N4 trillion are tax payers’ money which was used rightly to ensure financial stability. And it’s the responsibility of AMCOM to recover these loans.”

However, the ex-banker added, publicising the identities of debtors in an effort to compel them to pay represented, “a right thing to whatever AMCON will do to ensure that those loans were recovered.”

Contrary to suggestions of a possible backlash, he said: “I don’t see any negative implication for the economy.

“If you are in business, you won’t like your business to fall. For instance, if you are indebted to AMCON to the tune of N1 billion and you’re doing good business, AMCON will never come to you and demand that you pay all the money at ago.

“All AMCON will want from you is to sit down with them, agree on the exact amount and restructure the facilities to be paid over a period of time based on your own cash flows.

“All AMCON wants is ownership: agreeing that you’re indebted and that you’ll start to pay.

“So anyone that’s in good business and is not ready to pay debts, then he should as well allow his business to go.

“If we don’t do that, we’ll continue to have this problem of moral hazard and adverse selection. It means even from day one, both the borrower and lender knows that the facility can get bad and yet they went ahead because they know at some point, somebody will take over.”

He added: “People will just go to bank, borrow money and then refuse to pay. On the part of the banks, because they know there’s AMCON- there’s always a place to sell the loans- it will be an unending vicious cycle.”

In the same vein, Uwaleke posited that the publication of the list of debtors would go a long way to aid recovery of most of the debts that AMCON took over from distressed banks.

He added:” AMCON is meant to be a temporary resolution vehicle and therefore should be seen to be ready to activate its sunset clause any time soon.

“This is one of the steps it should be taking to recover the debts owed it in preparation for winding down.”

According to the professor: “One implication of this sort of action is to send the right signals to bank customers with a reputation for loan defaults that they are expected to honour their obligation to the banks as at when due or risk being named and shamed.

“This will help to reduce the high level of non-performing loans in the banking industry. So, I think the development bodes well for financial system stability.”

Nevertheless, the former Unity Bank boss said AMCON was unlikely to wind up its operations by 2020 given that it “will not be able to recover those loans.”

He said: “So if they (AMCON) don’t recover the loans and more loans are getting bad, and there may be another pressure for another round of AMCON; because now, there’s Polaris Bank- that has huge bad debt…Now it has been liquidated and the entire share now belong to the NDIC and after some time, it’ll be handed over to AMCOM.”

https://www.akelicious.net/2018/11/publishing-debtors-list-will-enhance.html
SportsRe: Princess Shyngle Shades Michael Essien’s Wife For Moving Out Of His Home by nabegibeg: 11:35pm On Nov 04, 2018
Lizzysamuel:
Following a crack in the marriage of ex-Ghanaian star footballer, his ex-girlfriend has taken shots at his wife, calling her dumb.


Princess Shyngle has reacted to reports that Michael Essien’s wife, Akosua Puni has moved out of her matrimonal home because the former Chelsea footballer allegedly cheated on her with Shyngle.
Recall that in August 2018, the Gambian Ghana-based actress revealed in an interview that she dated Essien for a period of one year before finding out he was a married man.

“I dated him. I had no idea he was married. I had no reason to ask him because I never saw wedding ring on his finger and there were obviously no pictures of him and any woman on a social media so I assumed that he was a single man,” she told The DELAY show.


Last Month, news surfaced that Essien’s wife, Akosua who is his manager and mother of his two children had moved out of their home because of his alleged affair with the actress and they may likely be heading for a divorce too.

Taking to her Instagram stories to react over the news, Shyngle shaded Essien’s wife as she described her the ‘Dumbest Wife Of The Year for leaving her home because her husband is still in love with his ex and can’t let her go.'
She wrote;


More below:

https://zenithnaija.com/michael-essiens-ex-girlfriend-shades-wife-for-allegedly-moving-out-of-home/
CelebritiesRe: Corazon Kwamboka Practices Law. Has A Law Firm In Nairobi by nabegibeg: 11:06pm On Nov 04, 2018
CelebritiesRe: Linda Ejiofor To Wed Ibrahim Suleiman? (Photos) by nabegibeg: 11:06pm On Nov 04, 2018
Letenwam:
Earlier today, we reported that Tinsel star, Linda Ejiofor is getting married as confirmed by her BFF Adesua Etomi and her pre-wedding photos. 

Well while she did not reveal her husband's identity, we dug deep and it seems her relationship with Tinsel co-star, Ibrahim Suleiman checks out. Ibrahim Suleiman wore a similar cardigan spotted in the pre-wedding photos shared by the actress few days ago. The photo came with the caption; 

Looking at this sunday afternoon nap like...
"Hey you sexy snoozefest, come to Daddei" 
Basically, happy sunday folks.

His June birthday message to Linda Ejiofor reads; 

Happy Birthday Sunshine!!! Everyone who knows you knows how fiercely loyal and protective of your friends and loved ones you are. 
I am pretty sure I'm not speaking for only myself when I say we do not deserve you, and you are such an absolute blessing. 
Thank you for being here. 
God bless you Ihuoma. 
You are an absolute stunner on the outside and pure gold on the inside. 
Jer29vs11, 
This year's finna git epic!!!

https://lailasnews.com/it-seems-linda-ejiofor-is-getting-married-to-tinsel-co-star-ibrahim-suleiman/
CelebritiesRe: Linda Ejiofor Is Getting Married! Bridal Shower Photos by nabegibeg: 11:02pm On Nov 04, 2018
grin grin grin

To avoid stories that touch

PoliticsRe: Police Parades Killers Of Idris Alkali (PHOTOS) by nabegibeg: 9:06pm On Nov 04, 2018
aminulive:
@POLITICSNGR

The Nigerian Police force has paraded 19 suspects allegedly involved in the brutal murder of a retired military general, Idris Alkali in Plateau State.

The Plateau state police command paraded the criminals before journalists in Jos, the state capital. Terna Tyopev, the PPRO in plateau briefed newsmen on the circumstances surrounding their arrest.

It will be recalled that late General Alkali was declared missing on September 3 after he had left Abuja for Bauchi via Jos but was never heard from again.

His remains were found in an abandoned well in Gushwet, Shen community, Jos South on October 31st. He has since been buried according to Muslim rites. Photos of the killers Below;

https://politicsngr.com/breaking-police-parades-killers-army-general-idris-alkali-photos/
CrimeRe: Halima Muazu Declared Missing In London (photo) by nabegibeg: 8:50pm On Nov 04, 2018
Giftedhand92:
A Nigerian mother of three has suddenly gone missing in London and Police are asking for anyone with useful information that will help in finding her.


Police are appealing for assistance in tracing a woman who is missing from the Wandsworth area of London along with her three children.
Halima Muazu, 32, was last seen in central London on 26 October.

Police in Wandsworth believe she is with her three children, aged one, seven and eight as the authorities revealed that they are not releasing further details of the children at this time.
Officers are appealing for Ms Muazu to get in touch with police by calling 101, attending a police station or making herself known to a police officer.

Anyone with information as to her whereabouts is asked to call police in Wandsworth via 101 quoting reference CAD 3796/Nov03.

More below:

https://zenithnaija.com/32-year-old-nigerian-mother-of-three-halima-muazu-declared-missing-in-london-photo/
this is serious

RomanceRe: Slay Queen Reveals Why She Dates Only Married Men (Photos) by nabegibeg: 8:45pm On Nov 04, 2018
Gisters:
A video is currently going viral on the internet and it shows a beautiful young lady explaining with serious conviction, the reason why she dates only married men.

On the video, she is heard saying ;



Video below ;

BY GISTMORE - http://gistmore.com/slay-queen-reveals-dates-married-men
Angel Micheal should sound this trumpet

RomanceRe: Slay Queen Reveals Why She Dates Only Married Men (Photos) by nabegibeg: 8:44pm On Nov 04, 2018
Gisters:
A video is currently going viral on the internet and it shows a beautiful young lady explaining with serious conviction, the reason why she dates only married men.

On the video, she is heard saying ;



Video below ;

BY GISTMORE - http://gistmore.com/slay-queen-reveals-dates-married-men

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