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Politics / Fuel Crisis: Is The Federal Government Helpless? by olempe(m): 4:07pm On Jan 08, 2018
By Kris Obiaje

As the fuel crisis appeared to have defied all government tricks in the books and Nigerians continue to grind under its butt; the Buhari-led Federal government seems on many fronts to be losing grip on the ongoing imbroglio. Discordant signal apparently, is what emanates from the government oil corporation, the Nigerian National Petroleum Corporation, NNPC and the supervising Ministry of Petroleum Resources.

As the fuel crisis lasted, there have been accusations and counter-accusations between the two oil midwives and the marketers. The petroleum ministry and the NNPC has continually berated marketers for their complicity in the scarcity, stating that they are engaged in hoarding and selling of product above official pump price. The latter on the other hand, have stubbornly stuck to its gun; maintaining that as patriots and businessmen, they stand to gain nothing by hoarding petrol as they are in business to make a profit.

Not even NNPC GMD, Dr. Baru Maikanti's assurrance about a week ago that his agency has tamed the fuel crisis monster has given any hope or offer a feasible headway to easing Nigerians pains getting fuel to aid their daily business and personal affairs. Baru had spoken with newsmen in Abuja as he said;  "I'm happy to report that we have tamed the monster that reared its head as a result of the rumoured price increase about three weeks ago.

"Unfortunately, that rumour instigated a lot of marketers to be very greedy and they decided that their fellow citizens should not enjoy the Christmas holiday and New Year with ease and decided to profiteer, starting by hoarding and diversion of products.

At least in Akure the capital city of Ondo State, the drama rambles on without respite in sight.Transportion cost remain very high as transporters have double all inter and intracities routes fares; some as high as 200%. Baru magic wand's wave seem many miles dangling away from this shore.

The Department of Petroleum Resources, DPR tend to remain a toothless bulldog with very weak bite as it has only tried to snap and catch operation on irregular basis.

In one of its operations in the middle the passing week, the Agency had shut down about 24 fuel outlets in Akure,  and Ondo town  on. Its officials accused the outlets of dispensing the Premium Motor Spirit, PMS, above the official pump price. A constant effort such as this would have added pep to the fight against supposed oil marketers unpatriotic antics as this crisis lingers.

In the city, motorists - both private individuals and commercial transporters continue to keep vigils at Bovas petrol and Matrix oil outlets, as they are the only filling stations 'merciful' enough to have been dispensing the product at official pump price and at regular supply since the crisis reared its ugly head six weeks running now.

Other filling stations, though some with product, shut their gates in the day time for fear of regulators recent efforts and only open at nightfall to sell between N220 and N250 to reluctant, but hapless consumers. Other major marketers such as Oando and Total have also had snatches of dispensing activities during this period.

Matters came to a head in the middle of last week when Dr. Doyin Odebowale a Senior Special Assistant, SSA to Governor Rotimi Akeredolu on Special Duties and chairman of the State Taskforce on Petroleum had taken to the social media platform, Facebook, to accuse an official of DPR, Mr.  Emmanuel Adewole of aiding and abeting hike in fuel price. 

He had written; “I should like to reiterate the fact that the DPR in Ondo State and some elements who claim to be public servants are behind the menace. It was a so-called Director in DPR, one Emmanuel Adewole, working in conjunction with the so-called marketers, who are responsible for this wickedness."

Adebowale accused Adewole on live Radio of taking kickback and turning  blind eyes to the unscrupulous activities of marketers in the state.

But in swift reaction Mr Adewole came out to refute the accusation, submitting that the allegations were untrue; describing them as malicious and libellous. He said; “I can swear with everything I have, I have never received any bribe. Not that I am that comfortable but I don’t need it.

Fuel crisis: Deliberate ploy by FG to Hike Price - Fayose

Ekiti State Governor, Mr Ayodele Fayose, had came out had on the Federal government when the crisis began; reading the handwriting on the wall, Fayose said the current scarcity of fuel in the country was a ploy by the Federal government to justify the planned increment of petrol pump price from N145 to N185 per litre.

The governor, who accused the Federal Government of being insensitive to the plight of Nigerians, said; “Petrol is scarce across the country because the Federal Government deliberately reduced supply since it is only the Nigerian National Petroleum Corporation NNPC, that is importing the product.”

In a statement by his Special Assistant on Public Communications and New Media, Lere Olayinka, submitted: “Allowing fuel scarcity to persist for over two weeks when Nigerians are preparing to celebrate Christmas and New Year is the height of wickedness on the part of the All Progressives Congress, APC, Federal Government.

He said it was funny enough that instead of directing its anger to President Muhammadu Buhari, who is the Minister of Petroleum, on its December 7, 2017,  Federal Executive Council, FEC, meeting; rather choose to give the Minister of State for Petroleum, Dr Ibe Kachikwu seven days ultimatum to end the fuel scarcity.

Pehaps, Fayose was right! As feelers from government quarters points steadily to what he has forecast.

Federal Government Response; Discordant Tune on price Hike

Within the previous week, rumours were rife in town, coupled with several media reports that the Authority may have given marketers the leeway to dispense PMS at about N180 per litre. The hint as interpreted by keen observers of the matter, was dropped by Dr. Ibe Kachukwu, Junior Petroleum Minister, while appearing before the Parliamentary Joint Committee public hearing on the petroleum downstream last Thursday.

However, barely had the speculation began to circulate in the media and in town that Dr. Kachikwu, came out to denounce the reports that the Federal government was planning to jack up the pump price of petrol from its present fixed rate of N145 per litre.

The Director of Press in the Ministry,  Idang Alibi, in a statement on Thursday night, shed light on the Kachukwu’s submission made before the joint committee of the National Assembly.

He said the Minister of State for Petroleum Resources never mentioned or insinuated the need or plans by the Federal Government to increase the current pump price of Premium Motor Spirit, PMS.

The director reiterated what Kachikwu told the hearing, which was beamed live on NTA; that the Presidency has set up a special committee to identify the immediate and remote causes of the fuel scarcity with a view to finding both immediate and long lasting solutions to the challenge.

“The Committee has been in rounds of deliberations in the past few days and these discussions are still ongoing. The final decisions and recommendations from the Committee would be passed on to the President and Commander-In-Chief for approval”, said Alibi.

He had strongly urged the public and indeed stakeholders in the Oil and Gas sector to disregard any such report of a price increase.

Fuel subsidy by other means

The basis for the rumoured fuel price hike was Kachukwu's statement at the public hearing, declaring that the Nigerian National Petroleum Corporation, NNPC had incurred a cumulative loss of N85.5 billion in importing petrol and selling at the current retail price of N145 per litre, since October 2017. He said the price was fixed in the first quarter of 2016, when crude oil was selling for $49 and expressed fears that with crude price rising to $67 a barrel, the pump price, may no longer be sustainable.

In his explanation, the landing cost of PMS which was N133.28 per litre in 2016, is now N171 per litre and this has resulted into stoppage of importation of the product by independent marketers. He had concluded by stating that this had left the NNPC as 100% importer of the product.

The Minister disclosed further that as a result of the N26 difference per litre between the current landing cost of the product ( N171) and pump price of N145, NNPC which had been singularly importing the product at the volume of 25million litres per day since October last year, has been incurring a daily loss of about N800-N900million, cumulatively reaching N85.5billion today, in just three months.

The government, in his words are has mandated him and a committee set up, to find ways out of the problem until the local refineries become functional in 18 months time.

Ordinarily, the rising price of crude oil in the international market should be a source of blessing for a crude oil producing country. But for Nigeria, one the leading harvesters of sweet crude, the opposite is the case, as the country depends on importation for over 70% of its local refined petrol consumption need.

The Muhammadu Buhari-led administration having taken reins of government, had scraped the between N800 billion - N1. 9 trillion yearly petrol subsidy that was being paid by the administration of former President Goodluck Jonathan. But the revelation by Kachukwu now points to this government bringing back the Peoples Democratic Party, PDP's policy which the All Progressive Congress, APC condemned with glee while still playing the opposition and now that it is in government.

If the ruling All Progressives Congress, APC led government have paid N85 billion as price difference through NNPC in three months, how much of that could be sustained in a 12-month run? A four-quarter pay check of N85.5 billion will stand at N342 billion, a clear amount to make the ruling party eat its word on its criticism of PDP controversial subsidy 'scam'.

Back in October, 2017, the former President Jonathan would not let go without a fight on the issue. He had taken swipe at the ruling APC; accusing the party of lies and propaganda, saying, “My government was severely criticised for increasing the pump price of petroleum from N67 to N97 at a time that global crude price was going for over 100 dollars.

Jonathan said the pump price was later reduced to N87 when the price of crude oil dropped and according to him, critics of his government attacked him that pump price was supposed to have been lower. “Those who criticised my administration are not talking again now that the global crude oil is about 53 dollars per barrel and the pump price of petrol is N143,” Ikechukwu Eze, Jonathan’s spokesman, concluded in a statement.

President Muhammadu Buhari  was swift to hit back at Jonathan, saying, "our achievements are there for all to see." Buhari had reminded the former president that unlike his time when they chunk out between 800 billion and 1.3 trillion Naira as ‘subsidy’ yearly in their time, without making the products available even at regulated prices; his administration was not paying any subsidy, yet the product was available and queues have disappeared from the filling stations.

The claim by the president seem to have been punctured by events since the beginning of the current fuel crisis and the revelations which has come forth.

Chaotic Way forward

Kachukwu had said the Authority was contemplating three curious solutions to stem the tide.

He submitted that the first option is for the Central bank of Nigeria, CBN, to allow the marketers access forex at the rate of N204 to a dollar as against the official rate of N305 to keep the pump price of fuel per litre at N145.

The issue with this policy is that the government may just be getting itself into a fix all over again by creating disparity in its Forex policy. Recall back in August 2016, when the Federal government instructed Nigerian commercial banks to provide Forex to the country’s intending Hajj pilgrims at N197 per Dollar and a similar  largess later handed down to Christian pilgrims heading for Jerusalem at N160 per Dollar? The country may just be riding toward that tortuous road again; as citizens rose in their numbers in criticism against the government for dabbling into matters of personal conviction such as religion to the apparent neglect of matters of national socio-economic relevance to citizens.

The stumper is: if oil marketers are offered forex holiday, what happens when other categories of business people who are contributors to the country's national GDP feel shortchanged and begin agitation for similar preferential treatment? Or perhaps, since petrol is the life wire of the nation's economic engine, all will be quiet and smooth with the consideration?

Secondly, Kachukwu said government may give room for modulated deregulation where NNPC would be allowed to continue selling at N145 per litre in all its Mega stations across the country while the independent marketers should be allowed to sell at whatever price is profitable to them in all their outlets.

The second option, to discerning minds is nothing but a call to chaos, anarchy and displacement in the oil industry. If the government is intended on deregulation of the oil industry, it should take the bull by the horn and fully deregulate. Why must Nigerians be put to pains and suffering and at the mercy of oil marketers.

 To begin with, how evenly spread are these so-called NNPC Mega stations that may be mandated to continue to dispense at official pump price? How many are there in each state of the federation and in how many of their cities? And these considerations equally includes those glorified independent marketers who have had their outlets now drown in NNPC 'Mega station' colours; notwithstanding, whatever franchise agreement or monitoring being put in place to ensure they stick to the mega station's operational modalities? The government should come out clearly with its policy on fuel price and perhaps do what Gov. Fayose had 'prophesy' it would do - increase pump price and ensure uniformity!

The Buhari-led government according to the Junior minister, is to look at the direction of blanket subsidy for all the importers in bridging the gap which, according to Kachukwu, "would be like going back to a problem that had earlier been solved “. A problem this government may not have gotten grip on. For if it has, the country would not be going through what is it at the moment.

Kachukwu, however, stressed that the final solution to the problem was for the nation to put her refineries in good shape in a way that 80% of local consumption of the product should be provided for locally.

This was Kachukwu's conviction while appearing before the National Assembly Joint session, saying it was a shame that Nigeria cannot refine its crude oil after 40 years of activities in the downstream. He said the ministry and the NNPC were working round the clock to find a solution to petrol scarcity. As part of the solutions to permanently end the scarcity, Kachikwu said the country’s refinery needs to be functional.

“Ultimately what this country needs is to have its refineries working and I have said that it is shameful that after 30, 40 years of activities in the downstream, cannot produce sufficient (petroleum products). I have said nobody sells crude in its form in the world and we have to have the technical capacity to do this.” he had concluded.

But with no concrete plan in sight to end the deadlock, the question is; has this government lost grip on the fuel crisis? And how long shall Nigerians endure the curse of its own blessing - oil?

Source: http://businessondo.com/fuel-crisis-federal-government-helpless/

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TV/Movies / Re: Check Out This Startimes Epic Response To A Twitter Customer by olempe(m): 9:50pm On Jan 05, 2018
Funny stuff cheesy
Politics / Re: Edward Onoja Replies Trolls On Facebook by olempe(m): 3:14pm On Jan 03, 2018
IamPatriotic:
It can only be Kogi, in Akure, we see people from anywhere in kogi as being less human. when a mishap occurred, and people asked if there're casualties, the respond you get is "no one died except one egbira man and one apai"
So true... Smh.
Education / Re: Male NYSC Member With Makeup On His Handsome Attire-trending News!!! by olempe(m): 2:06pm On Jan 02, 2018
Gay alert!

1 Like

Politics / Re: Coaster Bus For Ministry Of Happiness And Purpose Fufillment In Imo (Pictured) by olempe(m): 8:22pm On Dec 10, 2017
Spits
Celebrities / Re: Man Crowned Ugliest Man In Zimbabwe For The 4th Time by olempe(m): 3:04pm On Dec 09, 2017
Mrjo:
Imagine, he said he will bring mr world to zimbabwe, and the the other one want to win him next year, see ambtion
At all at all na cheesy
Celebrities / Re: Man Crowned Ugliest Man In Zimbabwe For The 4th Time by olempe(m): 11:30am On Dec 08, 2017
internationalman:
is this one not more handsome than Lucky Igbinedion, Oshiomole and Obaseki
grin grin grin grin grin
Celebrities / Man Crowned Ugliest Man In Zimbabwe For The 4th Time by olempe(m): 11:11am On Dec 08, 2017
Talk about the ugliest man in Zimbabwe. We’ve all got our physical flaws and learn to live with them. Well, some don’t, but that’s what plastic surgery is for. There is one person in Zimbabwe who not only relishes his ugliness but also get awards for it. William Masvinu from Epworth has been crowned Zimbabwe’s Mr Ugly 2017 and couldn’t be prouder! It’s his fourth title, and he’s fully convinced his claim is undisputed.

William was happy with the “recognition” in general but especially pleased to wrest back the title he lost to another contestant last year. Winning ugly contests apparently requires preparation, just as beauty pageants, and the 43-year-old unemployed man will now be prepping to wow the world in the Mr Ugly World competition where another ugliest man will be crowned, set to take place next year in South Africa.

William was quite rattled to lose to Maison Sere in 2015, protesting that his rival had nothing going for him except missing teeth. The 2016 edition was canceled, so William had to wait for two years to regain his title.

“Last time, complacency cost me a lot, but this time I came well prepared for the contest and I am happy I have reclaimed my trophy,” William said. “No one can dispute that I am the ugliest person in Zimbabwe. I now want to take my ugliness outside the country. If there is Mr Ugly World, I am confident I will bring the crown to Zimbabwe.”

The audience, however, was anything but happy for William. According to local media reports, people suggested a rally to protest against his monopoly of the title. The crowd also proposed that he should be prevented from entering future contents so that others can get a shot at winning.

So what does the title of “Zimbabwe’s Ugliest Man” get you, apart from bragging rights? This year, William pocketed $500 and took home a cow. Runner-up Fanuel Musekiwa collected $200, while previous winner Maison Sere received $100.

If you believe the contenders, being ugly may be a natural thing but winning contests takes more than just showing up. Fanuel is determined to put in the work. “I will be working hard on my looks and the way I present myself, come next year I am going to take over the crown,” he vowed.

http://www.oddnewsmedia.com/ugliest-man-zimbabwe-proud-win-title-4th-time/

Celebrities / Re: Biodun Okeowo Stuns In Red Jumpsuit (Photos) by olempe(m): 2:34pm On Nov 30, 2017
doyinisaac:
Some Bloggers and their interesting use of words sha....which one is "she and her backside steps out"....is her backside a different human being...lol...
Imagine... Radarada.
Politics / BREAKING: Obasanjo Gets UN Job by olempe(m): 2:44pm On Nov 08, 2017
Former President Olusegun Obasanjo has been appointed into the United Nations (UN) High-Level Advisory Board on Mediation along with 17 other current and former global leaders. The Secretary-General, Antonio Gutierrez had in September announced the establishment of the board to provide him with advice on mediation initiatives and back specific mediation efforts around the world.

The Board is composed of 18 current and former global leaders, senior officials and renowned experts who bring together an unparalleled range of experience, skills, knowledge and contacts.The Secretary-General explained that the establishment of the Board is part of the “surge in diplomacy for peace” he has consistently advocated and gives due priority to the prevention and mediation work of the United Nations.
The Board is expected to allow the UN to work more effectively with regional organizations, non-governmental groups and others involved in mediation around the world.

In the announcement of the appointments, the world body described Obasanjo as one of the most distinguished elder statesmen of Africa.
It added: “He served as President of the Republic of Nigeria from 1999 to 2007, and before that as the Head of the Federal Military Government of Nigeria and Commander-in-Chief of the Nigerian Armed Forces from 1976 to 1979. Over his long career, Mr. Obasanjo has been involved in numerous international mediation efforts, including in Angola, Burundi, Mozambique, Namibia and South Africa.

“In 2008 he was appointed the UN Secretary-General’s Special Envoy on the Great Lakes region.”

Also appointed into the board are President Michelle Bachelet (Chile) who is serving her second non-consecutive term as president; Radhika Coomaraswamy (Sri Lanka); a 2011 Nobel Peace Laureate, Leymah Gbowee (Liberia); Jean-Marie Guéhenno (France), former President of Finland, Tarja Halonen (Finland); David Harland (New Zealand), Noeleen Heyzer (Singapore), and Nasser Judeh (Jordan).
Others are Ramtane Lamamra (Algeria), Graça Machel (Mozambique), Asha-Rose Migiro (Tanzania), Raden Mohammad and Marty Muliana Natalegawa (Indonesia).

Also appointed into the board are Roza Otunbayeva (Kyrgyzstan), Michèle Pierre-Louis (Haiti), José Manuel Ramos-Horta (Timor-Leste), Gert Rosenthal (Guatemala) and Archbishop of Canterbury, Justin Welby (United Kingdom).

http://stocksng.com/breaking-obasanjo-gets-un-job/

Politics / IGP Bought Two Prado Suvs For First Lady, Altered Retirement Date – Misau by olempe(m): 3:38pm On Oct 27, 2017
Senator Isah Misau, representing Bauchi Central Senatorial District, on Wednesday opened another can of worms on the Inspector General of Police (IGP), Ibrahim Idris, revealing how the police boss allegedly purchased two Jeep Prado cars for Hajia Aisha Buhari, the wife of President Muhammadu Buhari, for personal use.

Misau also said Idris manipulated his retirement date.

He said the expected date of retirement of the IGP was fraudulently doctored on the Staff List of Senior Police Officers from January 3 to January 15, 2019

Misau, who appeared before the Senate Adhoc Committee investigating allegations levelled against Idris, informed the panel that Hajia Buhari made the request for the cars through her Aide de Camp.

She allegedly requested for a Sienna and Hiace, but he IGP instead of the cars that were needed, went and bought two Prado cars for the First Lady.

In Misau’s words: “The Inspector-General of Police gave the First Lady, wife of the President, two Jeeps and this came through a letter from the ADC of the First Lady who requested on her behalf that she needed a Sienna and Hiace for personal use, but she was given the two jeeps for her private use.”

Speaking further, Senator Misau also accused the IGP of employing four civilians in his office and receiving the salary of the rank of Assistant Inspector-General of Police.

He added that the police boss has also engaged the services of a retired Police officer to handle investigation as against the Code and Act establishing the Force, adding that all investigative cases ought to be under the Deputy Inspector-General of Police in Area 10, Garki, Abuja and not a retired officer.

Giving a detailed presentation to the Committee, Senator Misau said a reporter sought his view when he made the allegation on the information that policemen pay as much as N500,000 for Special Promotion.

He said: “To verify this information, I called some serving police officers who confirmed to the three of us that the information was not only true, but that the amounts paid are up to N2,500,000 in addition to other information.

“I hereby forward for your consideration, the detailed terms of allegation against the Police the Inspector General of Police and the Police Service Commission: Deployment of Policemen to Private Organisation: Between 50,000 to 100,000 policemen are routinely deployed by the Police to oil companies, oil servicing companies, banks, oil marketers, and private individuals etc, with regular payments made to the police. While these monies are estimated to run into billions monthly, they are however, unaccounted for;

“Today, the situation is so bad that businessmen with dubious characters and suspicious businesses now go about with full detachment of policemen and some with full convoy and blasting siren, especially in Lagos, Port Harcourt and other major cities in the country, thereby worsening the country’s policing ratio of 1 policeman to about 800 citizens as against the UN recommended ratio of 1 policeman to 400 citizens;

“Special Promotion Racketeering by the IGP and the Police Service Commission: The Police Service Commission whose main function is to recruit, train, discipline, promote and retire members of the Force, appear to have left its core mandate to indulge almost exclusively in promotion racketeering. When the IGP was’ appointed, 23 AIGs and above were compulsorily retired to enable him discharge his duty, showing clearly that special promotion is injustice, because it is an attempt to put junior officers above their seniors.”

http://stocksng.com/igp-bought-two-prado-suvs-first-lady-altered-retirement-date-misau/
Food / China Invents Rice That Can Grow In Salt Water; Can Feed Over 200 Million People by olempe(m): 3:17pm On Oct 24, 2017
Scientists in China succeeded in growing the yield of a strain of saltwater-tolerant rice nearly three times their expectation.

In the spring months, over 200 types of rice were planted at the Saline-Alkali Tolerant Rice Research and Development Center in Qingdao, a coastal city in eastern China’s Shandong Province. Seawater from the Yellow Sea was pumped, diluted and channeled into the rice paddies.

Researchers initially expected an output of around 4.5 tons per hectare but surprised themselves when four types registered 6.5 to 9.3 tons per hectare. Tests on saline-alkali tolerant rice have been going on in China for some time, but the unexpected yield marks its readiness for commercialization.

Research leader Yuan Longping, also known as China’s “Father of Hybrid Rice,” told reporters that cultivation of the strain can feed more than 200 million people, the South China Morning Post noted.

Qingdao-based startup Yuan Ce Biological Technology, which partnered with Yuan’s team, is now selling the new rice as “Yuan Mi” in honor of the scientist. “Yuan Mi,” however, costs 50 yuan ($7.50) per kilogram — about eight times more than the cost of ordinary rice. It is currently sold in 1-kilogram (2.2 pounds), 2-kilogram (4.4 pounds), 5-kilogram (11 pounds) and 10-kilogram (22 pounds) packs.

http://www.oddnewsmedia.com/2017/10/china-invents-rice-that-can-grow-in.html

Crime / Re: Ondo State Police Command Arrests Armed Robbery Suspect Awaiting Trial by olempe(m): 1:24pm On Oct 24, 2017
Homeboiy:
Kola ogunbiyi



Oshi no na obara ya
Una don start abi? lipsrsealed lipsrsealed
Crime / Re: Wanted Man Promises To Surrender If Police Get 1,000 Facebook Shares, And Did It by olempe(m): 12:23pm On Oct 24, 2017
Aydiamond6:
I saw this on BBC page and I was like seriously, How possible if it was in Nigeria? where ahwa police is not trusted talk less of now been your friend, Lol. The person that will try it in this country ehn maybe dey use voodoo to draw him/her to the station not with that, very certain about that.
grin grin grin grin
Crime / Ondo State Police Command Arrests Armed Robbery Suspect Awaiting Trial by olempe(m): 12:01pm On Oct 24, 2017
An armed robbery suspect awaiting trial, Mr. Kola Ogunbiyi has been rearrested by a crack team of police detectives of the Ondo State Police Command.

Ogunbiyi, the 35-year-old robber also had robbed residents on Oke-Aro, Mother and Child Hospital area in Akure, the state capital.

Nemesis had caught up with him when he was nabbed after robbing an Ondo State police inspector of his vehicle at gunpoint in Akure.

Mr. Ogunbiyi was apprehended after robbing an Ondo State police inspector of his vehicle at gunpoint in Akure.

The suspect was apprehended alongside his accomplice, Oluwafemi Ayodeji by operatives from the Special Anti-Robbery Squad (SARS) in Akure.

Police sources disclosed that the duo were in a robbery gang that terrorized the people of Ondo and Ekiti states.

They were paraded alongside twelve robbery suspects before newsmen at the police headquarters on Igbatoro Road in Akure on Monday afternoon.

Mr. Ogunbiyi, popularly called “Oloye,” had been committing crimes with his gang while awaiting trial in Ogbomoso.

The Ondo State Police Command spokesperson, Femi Joseph, said that well-coordinated intelligence gathering operations led the police to Mr. Ogunbiyi and other criminals.

He explained that the arrests were part of an ongoing onslaught to tackle crime in the state. According to him, the culprits were part of a five-man armed robbery gang who had been on the watchlist of the police.

“The hoodlums confessed to the crime during our police investigation, and one AK-47 rifle was recovered from them along with a red motorcycle.

http://businessondo.com/ondo-state-police-command-arrests-armed-robbery-suspect-awaiting-trial/

Crime / Re: Wanted Man Promises To Surrender If Police Get 1,000 Facebook Shares, And Did It by olempe(m): 1:00am On Oct 22, 2017
Nbote:
Oyibo wey no get wahala.. If na Nigeria here 3 things are sure
1. No one would respond to d Police Fb post and those who will na insults dem go fire police..
2. Dat escaped guy is Neva willingly coming back..
3. D police is not ur friend

No kidding!
Crime / Wanted Man Promises To Surrender If Police Get 1,000 Facebook Shares, And Did It by olempe(m): 6:08pm On Oct 21, 2017
A Michigan man wanted for violating the terms of his probation promised to turn himself in and also bring police some donuts if they could get at least 1,000 shares on a Facebook post. The unusual challenge went viral and once the police got their shares, the man fulfilled his end of the bargain.

21-year-old Michael Zydel broke the rules of his probation for DUI and assault charges, which prompted the police department in Redford Township to post an appeal to their Facebook followers to assist them in locating him and bringing him to justice. Zydel, who goes by “Champagne Torino” on Facebook, was actually one of the people who replied to the post, saying that he wasn’t to worried about it and challenging police to get at least 1,000 shares on their next post if they wanted him to turn himself in.

“I’m not worried about it,” Zydel wrote. “If your next post gets 1,000 shares I’ll turn myself in with a dozen doughnuts and that’s a promise. “And I’ll pick up every piece of litter around your public schools.”

That was apparently too good an offer to pass up, so the Redford PD again asked people to help them complete the challenge. Judging by their post, the promised donuts were just the incentive they needed. “Donuts!!!! He promised us donuts! You know how much we love Donuts!” they wrote on their Facebook page.

The police made it clear that they didn’t know if the wanted man would actually stay true to his word, but they thought completing the challenge was worth a shot. After news of it went viral online, the police managed to get over 4,000 shares on their post, so it was up to Michael Zydel to fulfill his promise.

http://www.oddnewsmedia.com/2017/10/wanted-man-promises-to-turn-himself-in.html

Culture / Re: Igogo Festival Shuts Down Akure City by olempe(m): 5:37pm On Oct 19, 2017
freedomchild:
Hmmm.
Brown roofs everywhere
mtcheeeew
Haters tongue tongue
Culture / Re: Igogo Festival Shuts Down Akure City by olempe(m): 11:16am On Oct 19, 2017
biacan:
Where are the festive people
Lost in the crowd lady biancan
Culture / Re: Igogo Festival Shuts Down Akure City by olempe(m): 11:04am On Oct 19, 2017
Lalasticlala come and carry this to the promised land biko
Culture / Igogo Festival Shuts Down Akure City by olempe(m): 11:03am On Oct 19, 2017
Commercial and business activities were this morning shut down in Akure, the capital city of Ondo state.


The Akure Kingdom is reportedly celebrating the Igogo festival. Earlier in the previous day, messages in the social media and SMS have been circulated in the town preparatory to this morning lockdown.

It read, "Be informed that Arakale and Oba Adesida Oda Roads shall be closed tomorrow Thursday 19th October between 6:00AM to 12 noon because of a notable Masquerade ('Igogo') that will be paraded. Considering the nature of the said Masquerade, everyone is expected to stay at home as the period lasts. Thanks for your understanding. Pls inform others".

At about 9:00 AM today, a mammoth crowd led by several ceremoniously decorated masquerades were seen proceeding from the paramount ruler's palace, the Deji of Akure.
Commercial and private vehicles made a u-turn in a bid to avoid the invading traditionalists. Businesses hurriedly closed shops, as commercial banks in the ever busy Arakale and Oba Adesida followed suit.

Stranded commuters could be seen making their ways through the rowdy crowd to get to their destinations.

http://businessondo.com/igogo-festival-shuts-akure-city/

Investment / Pension Fund Administrators With Highest Yields (January – September 2017) by olempe(m): 4:11pm On Oct 16, 2017
By: Abayomi Obabolujo.

Retirement is a lifetime adventure. Of so much importance it is that living depends on it at old age. So is its planning which includes most prominently, savings and investment. Technically speaking however, every long-term savings plan and investment must of necessity incorporate to a large extent, not just the security of the contributions but also the growth element. In other words, the need to note, access, review and adjust short term performances of your savings and investments geared toward secured retirement is as important as the long term expectations in itself. This is the more reasonable as much as necessitated by the notorious acts of major enemy of money called inflation. It behooves therefore, on every savers in any form of retirement scheme to keep tab on short term performances of such platforms and take decisions appropriately, as soon as possible.

Figures don’t have emotions more so when dished out by the individual institutions. Seeing that contributory pension plans take the lead in retirement savings, though it is highly regulated for security purpose, the need to tracking performances of major pension funds administrators even in the short term can’t be overemphasized more so as regulation demands that basic performances of both the retirement savings account (RSA) funds and the Retiree funds are made public.

CONTRIBUTORS’ ATTITUDES

Read the rest...

http://businessondo.com/pfas-highest-yields-january-september-2017/

Religion / Re: T.B Joshua Doles Out N31M To Restore Electricity To Four Ondo Local Governments by olempe(m): 3:57pm On Oct 13, 2017
zionmade1:
And wen the muslims that claim they are the majority in the south west start doing any charitable work? Wat of atheists? or dont they have charity in their dictionary? why always Christians?
Shame on all yoruba muslims, shame on all atheists.
Now the mosques around will connect their speakers to the electric power he provided and start disturbing the neighborhood with allah nkubari shouts every morning.
Shameless people

Calm down baba.
Religion / Re: T.B Joshua Doles Out N31M To Restore Electricity To Four Ondo Local Governments by olempe(m): 10:31am On Oct 13, 2017
pyyxxaro:
Ok
Welldone Sir
Religion / T.B Joshua Doles Out N31M To Restore Electricity To Four Ondo Local Governments by olempe(m): 10:28am On Oct 13, 2017
Traditional rulers and youths in the four local governments councils in Akoko area of Ondo state have commended the General Overseer of Synagogue Church of All Nations, Temitope Joshua for contributing about N 31 million for the restoration of electricity in the area.

The four councils in Akoko included Akoko South West, Akoko South East, Northeast and Northwest were in total darkness for over two years before the intervention of some notable indigenes of the town including Pastor TB Joshua.

To ensure that light is restored to the affected councils, the clergyman donated a sum of N 8.1 million which was paid to Benin Electricity Distribution Company (BEDC)

This was followed by another donation of N8.1 million for transformer replacement and other accessories. The youths of the area under the aegis of Akoko Youths described the gesture by Pastor Joshua as exceptional. A statement issued by the National President of the group, Babatunde Momoh noted that the people of Akoko region including traditional rulers appreciated the contribution of the clergyman.

While urging prominent of Akoko to follow suit, the group said the people of Akoko would continue to be grateful to the clergyman. The statement reads in part, “We are indeed grateful to Pastor Temitope Joshua, he has demonstrated that he is a true son of Akoko ” His contribution towards the restoration of electricity in Akoko cannot be quantified. This gesture should be emulated by all Akoko prominent indigenes.

http://businessondo.com/t-b-joshua-doles-n31m-restore-electricity-four-local-governments-ondo/

Education / Re: Bride Writing Her Exams In Benue State University On Her Wedding Day (Photos) by olempe(m): 10:10pm On Oct 07, 2017
Good for her. This HSS happened before. HML to her.
Romance / Re: Woman Injects Herself With 3.5 Million-year-old Bacteria To Stay Young by olempe(m): 6:39pm On Oct 04, 2017
Adaumunocha:
Still looks very old

Imagine the concorbility!
Romance / Woman Injects Herself With 3.5 Million-year-old Bacteria To Stay Young by olempe(m): 1:21pm On Oct 04, 2017
A 45-year-old actress from Germany has been injecting herself with Bacillus F, a 3.5 million-year-old bacteria from the Siberian permafrost, to stop the effects of aging.

The woman, who goes by the moniker Manoush, describes herself as a “human lab rat” for being the first person in the world to inject herself with Bacillus F, an ancient bacteria whose cells apparently show no signs of aging. She has been doing it for the past three months and claims it is already making her look and feel younger than her age.

Bacillus F was first discovered by Russian scientists in the permafrost of north-western Russia, in 2009, and was then hailed as a “scientific sensation”. The bacteria’s DNA was unlocked in 2015 by a team of researchers who claim that unlike other cells in nature, Bacillus F cells show no signs of aging and could be the key to eternal youth. Manoush has apparently taken these claims to heart and has been injecting the bacteria into her bloodstream.

If you’re wondering how an obscure actress from Munich, Germany, managed to get her hands on the Bacillus F wonder bacteria, she was apparently been getting sufficient samples from the head of the Geocryology Department at Moscow State University, Dr. Anatoli Brouchkov, himself.

http://www.oddnewsmedia.com/2017/10/woman-injects-herself-with-35-million.html

Politics / Re: Arrested Boko Haram Member Planned To Launch Bomb Attack In Ondo (photos) by olempe(m): 8:23pm On Oct 03, 2017
That's my backyard o, chai shocked shocked

1 Like

Crime / Re: Robbers Caught In Edo After Breaking Through A Wall For Operation. Photos by olempe(m): 11:09am On Sep 30, 2017
See as that one faint grin grin grin
Health / Re: NEW BORN BABIES! Are U A New Mum? Then Lets Discuss Babies Here!!!!! by olempe(m): 10:40pm On Sep 29, 2017
Burntcoal:
hallo everybody hope we r all felling fine. pls from wat I've read here it seems dis rotavirus vaccine is important BT its nt included in her immunization card. pls wat can I do abt it. I'm in ogbomosho Oyo state Nigeria. Tanis

Ogbomosho is too local. Relocate.

1 Like

Education / Re: "I Come, I Came And I Concer": Lady Says As She Celebrates After Her Final Exams by olempe(m): 8:12pm On Sep 28, 2017
Who English don EPP?

4 Likes

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