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PoliticsRe: Missing Chibok Schoolgirl Calls Her Father by shaddoww: 5:49pm On Apr 11, 2016
Hope the doubting Thomas will atleast believe they were taken now.
EducationRe: Bloody Protest In The University Of Portharcourt(graphic Photos) by shaddoww: 5:48pm On Apr 11, 2016
liverpoolfc4life:
Rip to the dead,proff lale must pay for dis,more destruction looming
violence is never an option in solving a dispute, at the end of the day, the students will b d ones to pay for d damages n d school will carry on no matter whom might av lost his or her life, so pls do am jeje.
EducationRe: Bloody Protest In The University Of Portharcourt(graphic Photos) by shaddoww: 5:38pm On Apr 11, 2016
Something similar just happened in Adekunle Ajasin University, and it was reported dat those involved were mainly 100 level students who are over excited to take part in Aluta protest, so it might b a similar case here, I think the school should investigate this n serve those found guilty the highest punishment possible n assess the level of damage done n let them know wat to pay as damages before resuming back to school to serve as a warning to those who would want to repeat something of such in the future. Going forward, the school should make sure paying school fees is wat u can use to gain access to d school portal to do ur course registration n shouldn't have a time limit probably 2weeks from resumption then a week for late registration. We cannot continue to breed touts, they are expected to go to school to develop n grow in knowledge n in character but see wat they are doin.
PoliticsFG Included Lagos-calabar Rail In 2016 Budget - Gbenga Ashafa by shaddoww(op): 2:25pm On Apr 11, 2016
Federal Government Included And Defended The Inclusion Of Lagos-Calabar Rail In The 2016 Budget At The Senate- Senator Gbenga Ashafa

Senator Gbenga Ashafa, who chairs the Senate Committee on "Land Transportation," has debunked the assertion by the Speaker of the House of Representatives, Yakubu Dogara and the Chair of House of Representatives Appropriation Committee, Abdulmunin Jibrin and other lawmakers that the Lagos-Calabar Coastal Railway project was never included in the 2016 budget.

In a press statement below, the Senator made it clear that while the initial budget did not contain the project, his Committee later received an amended budget from the executive branch through the Minister of Transportation, Rotimi Amaechi, who also defended the budget before his committee. He stated that the committee decided to allocate money to commence construction of the Lagos-Calabar rail in 2016. A counterpart funding is expected to be provided by the Chinese Export-Import Bank for the project.


Senator Gbenga Ashafa
See full text of Senator Ashafa's Press Statement below:


I have carefully followed the news items making the rounds in relation to the budget presented to the National Assembly and what was defended by the Ministry of Transport before the Senate Committee on Land Transport which I have the privilege of chairing.

The focal points of controversy seem to be the Lagos to Calabar railway modernisation projects and the completion of the Idu – Kaduna rail line.

I confirm that the Lagos to Calabar rail line was not in the original document that was presented to the National Assembly by the Executive. However subsequently at the budget defense session before the Senate Committee on Land Transport, the Hon. Minister for Transport, Rotimi Amaechi, did inform the committee of the omission of the Lagos to Calabar rail modernisation project and indeed sent a supplementary copy of the ministry's budget to the committee which contained the said project.

The minister noted that the amount needed for the counterpart funding for both the Lagos to Kano and Lagos to Calabar rail modernisation projects was in the sum of 120 Billion Naira, being 60 Billion Naira per project.

While the committee did not completely agree with all the changes made in the subsequent document, being fully aware of the critical importance of the rail sector to the development of our dear country, distinguished members of the Senate Committee on Land transport keyed into the laudable (Lagos to Calabar, rail modernisation) project and found ways of appropriating funds for the project without exceeding the envelope provided for the ministry.

In so doing, the committee observed that the Lagos to Kano rail rehabilitation project had been allocated the sum of N52 Billion Naira as against the sum of 60 billion which the Hon. Minister requested as counterpart funding while no allocation whatsoever was made for the Lagos to Calabar rail line.

Hence, the sum of 54 billion Naira that was discovered by the Senate Committee on Land Transport to be floating in the budget of the Ministry of Transportation as presented by the Executive was injected into augmenting the funds needed for counterpart funding of both projects (Lagos to Kano and Lagos to Calabar Rail modernisation), as at the time the committee defended its report before the senate committee on Appropriation. The Lagos to Calabar rail modernisation project was therefore included in the Senate Committee on Land Transports recommendation to the Senate Committee on Appropriations.

With regard to the Idu to Kaduna rail completion, the Senate Committee on Land Transport did not interfere with what was provided for in the budget as sent by the executive, being approximately 18 Billion Naira hence I am equally surprised to read on the pages of the newspapers that the amount allocated to the said project was reduced by 8 Billion Naira.

While I would have preferred to wait till Tuesday April 12th 2016 when the National Assembly reconvenes in order to have the benefit of viewing the details of the budget that was conveyed to the executive as passed, I am compelled to place the facts in proper perspective as it relates to the activities of the Senate Committee on Land Transport.



Without prejudice to the considerations and powers of the Senate Committee on Appropriations with regard to the appropriations process, the foregoing is the true reflection of what transpired at the committee level with respect to the Land Transport sector of the Ministry of Transport.


Senator Gbenga Ashafa (Lagos East)
Senate Committee on Land Transport
http://saharareporters.com/2016/04/11/federal-government-included-and-defended-inclusion-lagos-calabar-rail-2016-budget-senate

PoliticsRe: Orji Uzor Kalu’s Re-arraignment: Court Fixes May 16 by shaddoww: 2:06pm On Apr 11, 2016
Its seem d old EFCC were intentionally loosing cases in court, 96 and 112 count charges, haaaaa kilode, who does dat, though the new one is yet to make a major conviction, I believe their method is better.
PoliticsRe: Why Bugdet N60b 4 Rail When U Can Give Ss/se A Functional Seaports. by shaddoww: 1:49pm On Apr 11, 2016
@op u have raised a nice question bur I think it's better they work on d one that already has a framework before going for a Seaport.
PoliticsRe: Fuel Scarcity: FG Intervention Temporal, Queues Will Resurface – Stakeholders by shaddoww: 9:18am On Apr 11, 2016
I believe Nigerians will b happy to see d queue disappear first den start hearing all other details afterwards.
PoliticsRe: Economic Diversification: CBN Will Invest To Create Jobs, Wealth — Emefiele by shaddoww: 9:16am On Apr 11, 2016
victorazy:
Will will will!!!! When will Buahri gov commence work?
this is cbn not the Federal government
PoliticsRe: Economic Diversification: CBN Will Invest To Create Jobs, Wealth — Emefiele by shaddoww: 9:14am On Apr 11, 2016
And who approves n monitor all these investments
PoliticsRe: My Government Is Committed To Jonathan’s Deal With china - Buhari by shaddoww: 9:01am On Apr 11, 2016
christinie:
This Buhari never tells us a policy is initiated by the previous Government till he's criticised for it.

I hate pretences/propaganda/lies/misrepresentation.


Silly Government.
U hate pretence/propaganda/lies/misrepresentation and yet it's wat u do too, or u wan tell me say na u b d gal @ur profile. So if u are guilty of something pls try not to accuse others of dat thing.
BusinessRe: CBN To Relax FX Policy As Act Of 2004 Opens Windows Of Opportunity by shaddoww: 8:55am On Apr 11, 2016
Just leave talk for now n do ur best to salvage d situation n den cum back later to talk, den u will b more appreciated.
PoliticsRe: Ogundamasi Blast BenBruce,Tinubu:U're Asleep When Calabar-Lagos Rail Was Removed by shaddoww: 8:47am On Apr 11, 2016
dtruth3:
And why is it that its only the Yorubas that are shouting on top of the roof?

*Why is the so called South-South and South East not bothered?

*Was the proposed project intended to actually benefit the South-South and South East, or another plot to expand Lagos economy? #ISmellRat


*And why is everybody now referring to Calabar as the "East" I thought Calabar is at the South-South? #hypocrisy


*Could it also be that the East and south are no longer bothered wether they are included in the Nigeria project, haven been described as 5% by Bubu, hence has accepted their fate?

Ask yourselves this questions, and your guess is as good as mine.
Have they really fought for anything developmental since the return of democracy?
PoliticsRe: Ogundamasi Blast BenBruce,Tinubu:U're Asleep When Calabar-Lagos Rail Was Removed by shaddoww: 8:44am On Apr 11, 2016
asorocker:
Why yorubas are so hell bent on having this project included in the budget is really surprising why are they crying more than the South South and south east.

Even the South East and Niger delta who are supposed to benefit from the project are not batting an eyelid.

Could this project be the Savior of south west or east bikonu.
because it will pass through three states in d south-west and d Yorubas have always been in support of development.
PoliticsRe: Barring Govt Officials From Flying First Class Hypocritical —adegboruwa by shaddoww: 8:35am On Apr 11, 2016
bonechamberlain:
done to deceive the gullible ones.. they should stop flying first class while buhari is travelling daily with private jets.
egbon u understand wetin dem dey call presidential jet at all?
PoliticsRe: Amaechi Defended Lagos-Calabar Project Budget (sahara Reporters) by shaddoww: 8:29am On Apr 11, 2016
The way dey run dis national assembly is very funny, some senators are now saying they were not aware of d full details, if they don't play dis game very well, the leadership of NASS may loose it's members support.
PoliticsRe: El-rufai’s Religious Bill In Kaduna ‘absolutely Wrong’ – Senator Shehu Sani by shaddoww: 7:52am On Apr 11, 2016
How many governors do they now have in Kaduna state?
PoliticsRe: In Nimila, Army Rescues 14 Hostages From Boko Haram, Recover Weapons by shaddoww: 7:35am On Apr 11, 2016
Without security, there can never be any real development and growth, up next should b fulani herdsmen, they are becoming a real treat to our oneness as a nation.
PoliticsRe: Buhari, Osinbajo & Udoma Scrutinising The Budget 2016 by shaddoww: 7:10am On Apr 11, 2016
senior123:
Buhari cannot intefere with NASS issues much. There is a limit to it. He can only refuse. He cant tell them what to do. Because in true terms, if NASS was actually real, it is supposed to be the voice of the people. So interference can lead to his impeachment. but NASS is useless that is why nobody will even support them. Buhari should flog all of them. It will make me happy.
I understand you but u know Nigeria is a very peculiar country where there is nothing like patriotism, if it were to b in other countries, the citizenry wouldn't need to worry, cos they know their lawmakers mean well for their country.
PoliticsRe: See The Sticker NANS Produced To Protest Against Buhari by shaddoww: 7:02am On Apr 11, 2016
Why dem no protest against politicians mentioned in d Panama paper leak..
PoliticsRe: Photo News:osun Huge Model Schools : Shoes Have Sizes!!! by shaddoww: 7:10pm On Apr 10, 2016
Johnnyessence:
this school will soon be commissioned. ogbeni carry on after 2018 senate seat straight.
I think he would rather become d political godfather in Osun n moreso its not done in acn, I dont knw of APC though.
PoliticsRe: Photo News:osun Huge Model Schools : Shoes Have Sizes!!! by shaddoww: 7:07pm On Apr 10, 2016
An elementary school in ile-ife

TravelRe: PHOTOS: 11 People Die In A Road Accident On The Benin-ore Road This Morning by shaddoww: 6:46pm On Apr 10, 2016
This is one of the reasons why we need dat coastal rail line, it will reduce pressure on our roads, from Lagos to Edo.
PoliticsRe: Buhari, Osinbajo & Udoma Scrutinising The Budget 2016 by shaddoww: 5:28pm On Apr 10, 2016
Omo no b play play ooo, but d man should know by now dat d national assembly isn't joking with him, so he should stop treating wit kid glove if he wants to succeed.
PoliticsRe: GEJ Signed The Coastal Rail Project With China In 2014 by shaddoww: 3:37pm On Apr 10, 2016
They signed it at a time we had oil selling at an average price of $100/barel and all they were expected to do was to provide counterpart fund of #60billion naira but they couldn't knowing its economic impact to d south, now we have a president who is ready to provide dat fund wen oil sells for an average price of $35/barel and some of u still have mouth to call our former president's name into dis, shame on u.
PoliticsRe: Meet Babatola, First African Mayor Of Greenwich London by shaddoww: 8:05am On Apr 10, 2016
Its expected considering the numbers of Nigerians living there, almost every yoruba extended family has someone in d UK
PoliticsRe: INEC Declares Ife Central State Constituency Election Inconclusive by shaddoww(op): 10:21pm On Apr 09, 2016
The only conclusive election they would av conducted was declared inconclusive by Audu's death
PoliticsRe: VP Osinbajo Was Never Booed In Kano (pictures) by shaddoww: 10:16pm On Apr 09, 2016
If this government finally performs, am suspecting PMB will step down for this man
PoliticsINEC Declares Ife Central State Constituency Election Inconclusive by shaddoww(op): 10:13pm On Apr 09, 2016
The Returning Officer, Dr Francis
Oladimeji, who made the announcement
after the collation of results from the 11
wards in the state constituency, said the
result could not be declared because of
the violence which led to the disruption
of collation at two polling units.
According to him, fresh election would
be held on Sunday in the two affected
polling units, Agbedegbede and Moore
Ojaja, both in Ward Three in Ife Central
State Constituency.
He explained that the report of violence
recorded at the two polling units led to
the cancellation of 872 votes, saying
the margin between the two leading
candidates was 710, making it
imperative to conduct a fresh election,
as stipulated in the Electoral Act.
Dr Oladimeji further explained that the
number of cancelled votes exceeded the
difference between the two leading
candidates.
There were reports that suspected
political thugs had earlier disrupted
voting process at the two polling units,
with attempts to snatch ballot boxes
from INEC ad-hoc staff.

www.channelstv.com/2016/04/09/inec-declares-ife-central-state-constituency-election-inconclusive/
PoliticsRe: Rechargeable Blasting Device For Unexploded Bombs Unveiled By Army - Photos by shaddoww: 8:01am On Apr 09, 2016
Wen u put a round peg in a round hole, dis is wat u get, wen dis nonsense war ends, Buratai would be remembered as our hero that ended this senseless war dat their hero allowed to go on for so long because of wat they will steal.
PoliticsRe: CCT Mistook Saraki’s Pensions For Salaries – Kwara Government by shaddoww: 7:24pm On Apr 06, 2016
They better stay out of this so there government doesn't get involved in the backlash dat will follow d revelations will b made.
Politics#panamapapers: Gen T Y Danjuma’s Offshore Companies, Secret Account Exposed by shaddoww(op): 8:50am On Apr 06, 2016
Theophilus Danjuma, a
retired army genera,l and
former defence minister, is
one of Nigeria’s richest
personalities, courtesy of his
ownership of one of Nigeria’s
most lucrative oil blocs and a
money spinning shipping
firm.
The retired general is a long
time user of offshore entities,
and the Mossac Fonseca files
has now exposed another of
his companies – Eastcoast
Investments Inc – which he
incorporated in Nassau, in
the Bahamas, on March 25,
1997.
At inception, Mr. Danjuma
and a certain Colin Marcel
Dixon were directors of the
company.
PREMIUM TIMES learnt that
the general formed the
company to enable him to do
business with Scancem
International of Norway
when the later decided to
expand its involvement in
Africa to include a project in
Nigeria.
But the company soon
became embroiled in a messy
bribery scandal, with
Scancem, according to court
papers, later buying out
Eastcoast Investment from
the project on December 1,
2003.
It was later determined that
“the money went mainly to
another account, Eastcoast
Investment had, to General
T.Y. Danjuma and a certain
The Volta Company”.
As the controversy raged, Mr.
Danjuma resigned as director
of the company, but we did
not sight any document
indicating that he transferred
his shareholding to anyone. A certain Satish Chander Dosaj, who
later died, replaced him. On his death,
Elizabeth Dixon, believed to be Mr.
Dixon’s wife, was brought in as director.
But even before incorporating Eastcoast
as a special purpose vehicle to do
business with Scancem, Mr. Danjuma
had used several offshore entities in the
past, mostly registered in tax havens.
The database, Opencorporates, indicate
that Mr. Danjuma served as director and
vice-president of Cross Group Holdings
International, which was registered in
Panama on October 15, 1976.
Mr. Danjuma was still in service and was
Chief of Army Staff at the time the
company was incorporated. He was also
director of Zara Logistics, a company
registered in Cyprus on September 2,
1993.
It remains unclear what businesses Mr.
Danjuma used the companies to transact.
The retired general was also among
global personalities found to maintain
secret accounts, operated with codes,
with the Swiss branch of banking giant,
HSBC.
He was linked to HSBC account 15731CD,
which was opened in 1993 and closed in
2001.
That revelation came to during the
February 2015 #Swissleaks investigation
which exposed some of Nigeria’s
wealthiest industrialists, former
government officials and their relatives,
among thousands of individuals around
the world who operated highly secretive
foreign accounts with HSB​C, concealing
their identities for years and using codes
perhaps to shake off tax authorities from
accounts.
Some of the accounts were found to hold
illicit assets from criminals, traffickers,
arms dealers and other outlaws, secret
files published last week by a consortium
of journalists around the world have
shown.
That trove of documents, released by the
French Daily, Le Monde and ICIJ, in
partnership with PREMIUM TIMES, and
a host of other major media
organisations around the world, showed
how HSBC profited doing business with
people who stole from their countries
and some of the world’s most notorious
con artists, including people who made a
fortune fuelling wars in Africa.
PREMIUM TIMES was also the only
Nigerian publication involved in that
investigation, which lasted several
months between 2014 and 2015.
The documents seen by this newspaper
at the time did not provide details
regarding the balances in the account
and the use to which Mr. Danjuma put it.
An elaborate bribery and corruption
Scheme
Court documents obtained by PREMIUM
TIMES independently of the leaked
Mossac Fonseca files described Scancem,
Mr. Danjuma’s business partner, as
being “involved in extensive bribery
and corruption in a number of countries
in Africa”.
The company’s elaborate bribery
operation in the continent was
supervised and coordinated by the head
of its Africa business, Tor Egil Kjelsaas,
who also had a warm relationship with
the retired general and his company.
It was revealed that sometimes, Mr
Kjelsaas withdrew cash from banks in
London and Luxembourg and flew with
it to bribe local contacts in Africa,
especially in Ghana.
Some of the monies were handed over to
local contacts in envelopes while others
were transferred to accounts in
Luxembourg, Switzerland and other
places.
But while Mr Kjelsaas was helping to
coordinate Scancem bribery operation
across Africa, he was alleged to have
kept some of the bribe money for
himself.
The document also revealed how Messrs.
Danjuma, Kjelsaas and Dixon, who
himself was an employee of Scancem,
allegedly collaborated to obtain a $3.2
million buyout from Scancem.
Scancem operations in Nigeria started in
1997 but was short-lived because the
company incurred huge losses which the
court blamed on Mr. Kjelsaas, who left
the company in 1999 but was retained
as a consultant until 2001 and was
involved in the company’s operation at
the time.
“Kjelsaas drained Scancem’s
involvement in Nigeria of significant
funds,” the court revealed.
Due to the huge losses, Scancem opted to
walk out from the Nigerian operations,
but its contract with Eastcoast, which
was signed under Mr. Kjelsaas’
management, required it to pay out a
significant sum to Eastcoast before it
could exit the partnership. If Scancem
had taken this option, its losses would
have been very significant. So, it decided
to buy out Eastcoast’s shares in the
business.
In July 2003, before buying out
Eastcoast, Scancem hired Hibis, a private
investigative company to make enquiries
about the ownership of Eastcoast, the
company discovered that “most of the
commission moneys paid to Eastcoast
went toMr. Dixon and a company,
Tormead Ltd.
Further investigation showed that Mr
Kjelsaas was the real owner of Tormean
Ltd. According to court documents,
$190,000.00 was transferred to Tormead
Ltd from the contractual commission
paid to Eastcoast.
On December 1, 2003, Scancem bought
out Eastcoast for $3.2 million. Once the
money was paid, most of it was
transferred to another account operated
by Eastcoast, some to Mr. Danjuma,
while $790,000.00 was transferred to
The Volta Company, a firm believed to
be linked with Mr Kjelsaas.
Mr. Danjuma did not answer calls made
by PREMIUM TIMES to his known mobile
number. Neither did he respond to text
messages seeking comments for this
story.


www.premiumtimesng.com/news/headlines/201308-panamapapers-general-theophilus-danjumas-offshore-companies-secret-account-exposed.html
Foreign AffairsHead Of Transparent Chile Resigns Over Panama Papers - Guardian by shaddoww(op): 7:24am On Apr 06, 2016
The head of one of Chile’s leading anti- corruption watchdogs has resigned after his name appeared in the so- called Panama Papers, a massive leak of secret offshore financial dealings. Gonzalo Delaveau, the president of Transparent Chile — the local branch of anti-graft group Transparency International — submitted his resignation Monday after he was named as a director or representative of at least five companies registered in the Bahamas. The information emerged in the leak of millions of documents from Panamanian law firm Mossack Fonseca that has put a host of world leaders, celebrities and other prominent figures in the hot seat over their secret financial dealings. Delaveau, a lawyer who was acting as interim head of Transparent Chile, had been due to step down in a week. “Given that I have one week remaining, given that I can’t even continue as director, the damage that has been done to the institution, I believe it’s best to step aside,” he told CNN Chile. Besides his role at Transparent Chile, Delaveau is also a director at Andes Copper, a Canadian mining company. The offshore firms linked to Delaveau are among some 200 suspected shell companies tied to Chileans including prominent executives, sports stars and a former finance minister, according to investigative journalism group CIPER. The group is one of the more than 100 media organizations worldwide wading through the trove of 11.5 million leaked documents along with the International Consortium of Investigative Journalists.


m.guardian.ng/news/head-of-transparent-chile-resigns-over-panama-papers/

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