The Senate Wednesday resolved to interface with the Federal Government and the organised labour on an early resolution of the industrial action by a faction of the Nigeria Labour Congress (NLC)

Source:http://www.sarakinews.com/2016/05/fuel-price-strike-senate-to-interface.html

The Senate Wednesday resolved to interface with the Federal Government and the organised labour on an early resolution of the industrial action by a faction of the Nigeria Labour Congress (NLC) over the fuel price hike.
The upper chamber mandated its Committee on Labour to interface with both the Federal Government and the organised labour to ensure that issues that led to the strike are quickly resolved

Source:http://www.sarakinews.com/2016/05/fuel-price-strike-senate-to-interface.html

Govt, NLC faction raise panel to review petrol price, minimum wage

http://www.sarakinews.com/2016/05/govt-nlc-faction-raise-panel-to-review.html

Saraki’s Trial: Only Lead Counsel Can Cross-examine Witness, Court Says

SOurce:http://www.sarakinews.com/2016/05/sarakis-trial-only-lead-counsel-can.html

Sequel to the renewed attacks on oil installation by militants in the Niger Delta region, there has been insinuation that President Muhammadu Buhari may approach his predecessor, Goodluck Jonathan to intervene in the situation which is threatening to plunge the Nigerian economy further into crisis.

The Niger Delta Avengers, a newly formed militant group, have threatened to cripple the nation’s economy by launching attacks on oil and gas installation in the Niger Delta region. The group has claimed responsibility for attacks that reportedly resulted in a sharp drop in the nation’s oil output from 2.2m to 1.65m barrels per day and has vowed to continue its attack of pipeline in spite of President Muhammadu Buhari’s recent threat to deal with

Source:http://www.sarakinews.com/2016/05/militancy-is-buhari-under-fire-for.html

The federal government has reached an agreement with the Joe Ajaero led faction of the Nigeria Labour Congress (NLC) to set up a committee to resolve agitations over the new pump price of petrol.

Source:http://www.sarakinews.com/2016/05/fuel-price-hike-fg-reaches-agreement.html

The Nigerian Senate is backing the Federal Government in its decision to remove subsidy on petrol and peg the pump price of the product at 145 per litre, upping it by over 67.6 per cent.
The Senate took the decision on Tuesday after holding a closed-door meeting which lasted for about an hour.

Rising from the meeting, Deputy Senate President Ike Ekwerenmadu, said the Senate had resolved to engage with the Federal Government to find out sustainable ways of improving the welfare of Nigerians.

He told reporters that the Senate sympathised with Nigerians for the hardship which the new price of petrol would cause and therefore called on the government to implement the palliatives in the 2016 budget.

The Senate’s position on the issue is coming a day after the House of Representatives invited the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, to brief the house on why the Federal Government took the decision.

Some lawmakers of the Peoples Democratic Party refused to allow the Minister address the special session of the House, in protest of the petrol price increase.

Source:http://www.sarakinews.com/2016/05/nigerian-senate-back-federal.html

Sequel to the renewed attacks on oil installation by militants in the Niger Delta region, there has been insinuation that President Muhammadu Buhari may approach his predecessor, Goodluck Jonathan to intervene in the situation which is threatening to plunge the Nigerian economy further into crisis

Source:http://www.sarakinews.com/2016/05/militancy-is-buhari-under-fire-for.html

National Chairman of Peoples Democratic Party, PDP, Senator Ali Modu Sheriff, sign an undertaking not to contest the 2019 presidential ticket in 2018 threw a meeting of the party’s National Assembly members into an uproar yesterday. The lawmakers, at the end of the meeting, remained divided over the
candidature of Sheriff for the office of National Chairman and constituted a committee to resolve differences within 24 hours. Instead of having Sheriff as the single candidate for the position of National Chairman, a sizeable propor-tion of the PDP lawmakers sought for the contest to be made open to all.............

Source:http://www.sarakinews.com/2016/05/how-sheriff-divided-pdp-lawmakers-over.html

The African aviation insurance pool’s premium dropped by 40 per cent from $2,670,621 million in 2014 to N1,021,77 million last year, the 2016 Annual Review of African Insurance Organisation (AIO) released at the ongoing 43rd AIO conference and General Assembly in Marrakech, Morocco has shown.
The review showed that in the oil and gas sector of the regional market, the oil and energy pool with 50 underwriting members from 14 African countries in 2010 recorded gross premium income of N21,103,565 million against N16,350,761 million in 2011.

“The African Aviation Pool, a consortium of countries underwriting aviation insurance also recorded a drop in its gross premium from $3,249,244 million in 2012 to $2,670,622 million in 2013.
“The pool profit also reduced between 2013 and 2014 from N1,517,317 million in 2014 to N371,904 in 2013.
“In the oil and gas sector, the regional market, as the African Oil and Energy pool with 50 underwriting members from 14 African countries in 2010 recorded gross premium income of N21,103,565 million against N16,350,761 million in 2011,” the report read in part.
The review further showed that the formation of a local oil and energy pool by Nigeria affected the performance of the sub-regional pool.
In February last year, the Nigerian insurance underwriters, in their bid to ensure active participation in underwriting of businesses of oil multinationals in the country, formed their own energy pool.
Immediate past president of AIO, Mrs Lamia Ben Mahmoud, urged members of the pool to cooperate with each other in order to improve on their performance

Source:http://www.sarakinews.com/2016/05/african-aviation-oil-gas-insurance.html

Telecommunication giant MTN Nigeria has introduced a special tariff plan for new subscribers which it calls MTN StartPack.
The MTN StartPack is designed to welcome new customers with great and exciting voice and data offers. The offers are automatically activated as soon as a customer successfully registers a new MTN number.

MTN Executive AminaOyagbola, said: “The introduction of MTN StartPack is in line with MTN’s commitment to giving more value to our customers from the very beginning. This is why new subscribers will immediately enjoy six times the value of any recharge, 10MB on every recharge of N200 and above as well as free data on the MTN Deal Zone. The new value proposition also aligns with MTN’s quest of deepening internet penetration in Nigeria. ”

more here>>http://payetech..com.ng/2016/05/mtn-excites-new-subscribers-with.html

The Court of Appeal, Abuja has fixed May 31 for the hearing of a fresh appeal by Senate President, Bukola Saraki, challenging the jurisdiction of the Code of Conduct Tribunal (CCT) to try him on charges of false asset declaration.
A five-man panel of the court, led by Justice Abdul Aboki, chose the date Monday to accommodate a request by Saraki’s lawyer, Kanu Agabi (SAN) for a 14-day adjournment to enable him study the response filed on behalf of the respondents, the Code of Conduct Bureau (CCB) and the Attorney General of the Federation (AGF).


Source:http://www.sarakinews.com/2016/05/appeal-court-set-may-31-for-sarakis.html

A KEY member of the All Progressives Congress (APC) has seen danger in Senate President Bukola Saraki’s alliance with the Peoples Democratic Party (PDP).
It is dangerous for President Muhammadu Buhari, Senator Rabiu Kwankwaso said yesterday.
In his view, the political romance will create inhibitions for the Buhari administration .

Dr. Saraki was elected Senate President on June 9 after he rejected the APC’s choice, Ahmed Lawan and struck a deal with the Peoples Democratic Party (PDP). The pact produced Ike Ekweremadu as Deputy Senate President.
To Kwankwaso, this happened because the APC leadership missed some vital steps and gave ample opportunity to Saraki’s group, which used it effectively.

his prove here>>>http://www.sarakinews.com/2016/05/kwankwaso-saraki-pdp-alliance-is-threat.html

Saraki Seeks More Powers For ECOWAS Parliament
Senate President, Dr. Abubakar Bukola Saraki, on Monday called for more powers for the Economic Community of West African States (ECOWAS) Parliament, if the aim of the subregion to achieve full integration is to be realized.

Saraki made the call in his speech at the opening of the First Ordinary Session of the ECOWAS Parliament in Abuja, according to a statement by the Chief Press Secretary to the Senate ........

full speech here>>>http://www.sarakinews.com/2016/05/photosaraki-seeks-more-powers-for.html

The trial of Senate President Bukola Saraki at the Code of Conduct Tribunal resumes today May 10th after a 10-day adjournment. Saraki is being tried for alleged false declaration of assets while he.

Source:http://www.sarakinews.com/2016/05/cct-trail-resumedphoto-bukola-saraki-in.html

Custodian and Allied Insurance Plc has announced a Profit Before Tax increase of 11.8 per cent from N5.1 billion in 2014 financial to N5.7 in the 2015 financial year. The company would however pay a total dividend of 20 kobo per share in respect of the results of the year under review.

In the same vein, the strength of the group was demonstrated in the structure of its assets which stood at N57 billion with cash, cash equivalents and financial assets component making up more than N38 billion, or approximately 66 per cent of the total assets.


Detail here>>http://www.sarakinews.com/2016/05/custodian-and-allied-insurance-plc.html

Rough times are on the way for looters, with President Muhammadu Buhari stepping up the anti-corruption battle.
The President will soon send a list of corruption convicts and suspects on trial to the United Kingdom and many other countries.

http://www.sarakinews.com/2016/05/rough-time-for-looters-as-buhari-head.html

Custodian and Allied Insurance Plc has announced a Profit Before Tax increase of 11.8 per cent from N5.1 billion in 2014 financial to N5.7 in the 2015 financial year. The company would however pay a total dividend of 20 kobo per share in respect of the results of the year under review.

In the same vein, the strength of the group was demonstrated in the structure of its assets which stood at N57 billion with cash, cash equivalents and financial assets component making up more than N38 billion, or approximately 66 per cent of the total assets.
The underwriting firm’s gross revenue also increased by 19 per cent to N29.8 billion. Chairman, Custodian and Allied Plc, Chief Michael Ade Oio who made this known at the company’s 21st Annual General Meeting said despite the tumultuous business environment of 2015, it did not only survive but thrived respectably.

READ MORE>>>http://www.sarakinews.com/2016/05/custodian-and-allied-insurance-plc.html

Leadway Assurance Company has posted a 37 per cent growth in assets to the tune of N137.3 billion in its 2015 financial year results from N100.5 billion in 2014.
A review of its results presented at its 44th Annual General Meeting showed that the company recorded 125 per cent growth in the company’s profit after tax to N6.3 billon from N2.8 billion in 2014.
The company also paid claims in excess of N14.3 billion, a 13 per cent increase from the N 12.7 billion record of 2015.
It, however, wrote a 20 per cent increase in gross premium from N39 billion in the prior year to N46.6 billion.
With good performance on its investments, Leadway reported a record 125% growth in the company’s profit after tax to N6.3bn from N2.8bn in 2014.


READ MORE HERE>>http://www.sarakinews.com/2016/05/leadway-records-n1373b-assets-reports.html

Given the multipronged and comprehensive development of bilateral relations, the theme for today’s Summit, China-Africa Cooperation: Who Really benefits? in my opinion catches the key point. Economic and trade cooperation always play the role of ballast in the development of China-Nigeria relations. It is very symbolic that we gather here today with so many friends in politics and business from both China and Nigeria, to renew our friendship and advance cooperation, which I believe will instill more positive energy into long-term development of bilateral relations and pragmatic cooperation.

The past year of 2015 witnessed bilateral relationship between China and Nigeria going through an important historical period and mounting a new step, with care and efforts from leaders of both countries. Bilateral political relationship advanced steadily. High-level leaders exchanged visits frequently. Chinese President Xi Jinping met with Nigerian President Buhari twice last year. The two leaders exchanged views on bilateral relations and issues of common concern, reached wide-ranging consensus, charted the direction of future.....


READ MORE HERE>>http://www.sarakinews.com/2016/05/our-economic-pact-with-nigeria-by.html

Following report of collision of two trains at Jebba Bridge bordering Kwara and Niger States in which some passengers were reported to have died and several injured, Special Assistant ( New Media) to Senate President Bamikole Omishore released a statement stating that Senate President, Dr Abubakar Bukola Saraki has expressed shock and sadness over the tragic incident while also commiserating with the families of the deceased.
Saraki also expressed sympathy with those who sustained injury in the incident and prayed to Almighty God to heal their wounds.


SEE MESSAGE HERE>>http://www.sarakinews.com/2016/05/see-bukola-saraki-condolence-message-to.html

A businessman identified as Mr. Chijioke Anyanwuor resident in Ikot Abasi local government area of Akwa Ibom state has been reported killed by suspected kidnappers.

Saturday Vanguard learnt that Anyanwuor a native of Agulu in Anambra state was earlier abducted on February, 25, 2016 in front of his Ikot Abasi residence about 2:00hours in the morning after returning from a Church programme.

A reliable family source who spoke to newsmen in confidence in Uyo said the kidnappers numbering
over five succeeded in blocking their victim and whisked him away in his vehicle to unknown destination.


Full Report here>>>http://www.sarakinews.com/2016/05/how-kidnapper-collect-and-kill.html

Senate President, Bukola Saraki has commended Nigerians for their patience while awaiting presidential assent to the 2016 Appropriation Act and promised that the National Assembly will ensure its proper implementation through diligent oversight.


Saraki who joined Speaker Yakubu Dogara and other top government officials in witnessing the signing of the budget into law by President Muhammadu Buhari, said the responsibility is now that of both the executive and the legislature to ensure that the objectives and goals of the budget are duly realized.

Source:http://www.sarakinews.com/2016/05/2016-budget-saraki-assures-nigerians-of.html

1. Mobile payment is growing

2. More stores are adopting apps.

3. Buy online and pick up in-store is on the rise.

4. Loyalty programs are changing.

5. Social media will grow as a point of sale.

With the rise of chip cards and the need for businesses to upgrade their payment terminals, retailers have the opportunity to offer more payment options. Many EMV terminals come equipped with near field communication (NFC) capability. This technology allows two electronic devices–like a smartphone and a payment terminal–placed a short distance apart to exchange data, enabling mobile payment options such as Apple Pay and Samsung Pay. Research from eMarketer indicates that the value of mobile payment transactions in the U.S. will triple in 2016.

READ THE DETAIL HERE>>>http://www.sarakinews.com/2016/05/5-electronic-payment-trends-that-will.html

The truth is, Google is going to be one of the biggest determining factors to how others first see and portray your personal and business reputation. The reason being that billions of searches are made on Google every day, and what ranks at the top of Google for anything is perceived as trustworthy and correct–even when it might not be.
1. Start a Website or Blog

You need to have a main website or blog. This is going to act as the main hub of your brand and should rank number one in the search results for your personal or brand name. Not only will this site store the majority of your content, it will also connect your audience with any other site or social properties you might have.
2. Use Social Networks to Your Advantage

When it comes to ranking content in Google, few things are easier to rank than social profiles. Sites like Facebook, Twitter and linkedin rank extremely well for business and brand names. For this reason, you should create profile accounts for both your personal name and your brand name, then link them all back to your main website or blog.
3. Become an Established Thought Leader

Getting your name out there and showing off your expertise isn’t just about building up your reputation, it’s also about building a powerful brand around yourself as well. By becoming an established thought leader in your space, you can open up a whole new world of opportunity. Such benefits include getting media coverage, interviews on other sites, expert roundup posts, and much more.

Complete Step here>>http://www.sarakinews.com/2016/05/7-ways-to-quickly-dominate-and-control.html

1. It gives me great pleasure today to sign the first full-year budget of this administration into law. I thank the leadership of the National Assembly, in particular, the Senate President and the Speaker of the House of Representatives, and indeed all members of the National Assembly for their cooperation in making this a reality.

2. The budget is intended to signpost a renewal of our commitment to restoring the budget as a serious article of faith with the Nigerian people. This Administration is committed to ensuring that henceforth the annual appropriation bill is presented to the National Assembly in time for the passage of the Act before the beginning of the fiscal year.
3. Through the 2016 budget, aptly titled "Budget of Change’’, the government seeks to fulfill its own side of the social contract. The Budget I have signed into law provides for aggregate expenditures of N6.06trn. Further details of the approved budget, as well as our Strategic Implementation Plan for the 2016 budget, will be provided by the Honourable Minister of Budget and National Planning.
4. I shall be speaking in more details about the Budget, its implementation and the over-all national economic and social policies of the Government in my address on May 29th, God willing.
5. In designing the 2016 budget, we made a deliberate choice to pursue an expansionary fiscal policy despite the huge decline in government revenues from crude oil exports. This is why we decided to enlarge the budget deficit at this time, to be financed principally through foreign and domestic borrowings. All borrowings will however be applied towards growth-enhancing capital expenditures.
6. The signing of the budget today will trigger concerted efforts to reflate the Nigerian economy, a key element of which is an immediate injection of N350bn into the economy by way of capital projects. To illustrate our renewed commitment to infrastructural development, the 2016 budget allocates over N200bn to road construction as against a paltry N18bn allocated for same purpose in the 2015 budget.
7. Despite the current difficulties we will work extra-hard to achieve our revenue projections. Our revenue generating agencies are coming under better management and are being re-oriented. The implementation of the Treasury Single Account (TSA) is expected to contribute significantly to improving transparency over government revenues.
8. Our determined fight against corruption is resulting in improvements in the quality of public expenditure. The work of the Efficiency Unit, as well as other public financial management initiatives, are also contributing in this regard. The continuing efforts to reduce recurrent expenditures should hopefully free up more funds for capital expenditure in 2017 and beyond.

Check out Full remark Here>>http://www.sarakinews.com/2016/05/12-powerful-remark-made-by-president.html

The Senate President, Dr. Abubakar Bukola Saraki, today applauded the Senate’s passage of 2nd reading of A Bill for an Act to establish the National Agricultural Credit Fund to Promote Commercial Agriculture in Nigeria.’
Saraki, in a statement on his social media pages, commended the effort by the Senate to establish the credit fund, saying that once established, the Agricultural Credit Fund would address the current lack of legal frameworks that limit funds meant for farming going to actual farmers.

Full Report here>>http://www.sarakinews.com/2016/05/saraki-applauds-senates-intervention-in.html

1. Keep your website up-to-date. A mobile-friendly website is a must these days, so if your website still isn’t using responsive design (which responds to the device a person is using to deliver an optimal viewing experience), it’s time to make some changes. But updating your site doesn’t just mean technology updates: The information on the site is just as important as how it looks. Regularly review your website for broken links, outdated information or other errors that could be keeping potential clients and customers from contacting you. A monthly review doesn’t take long, and could pay off big.

2. Make your email marketing work. Having a mobile-optimized website is wonderful, but if your emails aren’t mobile-optimized too, prospective customers may never make it to your website. Your email marketing messages should be fast loading, readable at a glance, and designed so users can easily click on buttons or links no matter what type of smartphone they’re using. (Once they click on that link, be sure they go to a mobile-friendly landing page, too.)

FUll here>>>http://www.sarakinews.com/2016/05/online-marketing5-powerful-formula-to.html

Senate President, Dr. Abubakar Bukola Saraki on Tuesday congratulated all practitioners in the media across the country and the world for their invaluable service to humanity as they celebrate the World Press Freedom Day.

Saraki in a statement signed on his behalf by his Special Adviser, Media and Publicity, Yusuph Olaniyonu, in Abuja, also hailed all Nigerians on the occasion and said that the freedom of the press also connotes the freedom of individuals to partake in the governance of the country, discuss issues and freely give expression to their dreams and aspiration within the ambience of the law.
He noted that the celebration of the World Press Freedom Day is another indication of the prime place the media occupy in the society "because it is not all professions that have a day set aside internationally to celebrate their contributions to society."
The Senate President said that to further underscore the importance of the press in nation building, "our Constitution granted some responsibilities and specific freedom to the press in Sections 22 and 39".

Full Report below
http://www.sarakinews.com/2016/05/read-bukola-saraki-speak-at-world-press.html

Since the beginning of time, people have referred to breakfast as “the most important meal of the day.” So, following this belief, what you choose to eat for breakfast should also be your most important decision of the day, right? According to Buzzfeed, how you choose to attack breakfast can often serve as a microcosm of how you attack life, in general. Here’s what I mean:

1. Bacon

Check list below


Source:http://www.sarakinews.com/2016/05/11-breakfast-choices-and-what-they-say.html