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Wednesday 23 December 2015

HERITAGE EBANK RESTATES COMMITTMENT TO SMEs



.....AS WINNER EMERGES IN THE SEASON 2 OF THE NEXT TITANS  TV ENTERPRENUERSHIP  REALITY CONTEST
Heritage Bank Limited has restated its commitment to the development and sustenance of Small and Medium Scale Enterprises as a major plank to address youth employment in the country.

Stakeholders Task ATON on Vehilce Tracking



The Association of Telematics Operators of Nigeria (ATON) has officially taken off as it was unveiled to the public recently at an impressive public outing in Lagos.
In its first inaugural stakeholder conference held on Thursday 17th December, 2015 at the Lagos Sheraton Hotel and Towers, Ikeja, the association intimated the public of its activities and what the association stands for.

NIGERIA SUPREME COUNCIL FOR ISLAMIC AFFAIRS MEETS IGP ON NATIONAL SECURITY · Expresses confidence in Police



The Inspector-General of Police, IGP Solomon E. Arase, fdc, NPM, on 21st December, 2015, received a delegation of Nigeria Supreme Council for Islamic Affairs on a courtesy call in his office at Force Headquarters, Abuja. 

Stanbic IBTC appeals Court ruling on the matter of Starcomms Private Placement



Stanbic IBTC Bank last week, exercised its constitutional right of appeal in relation to a judgment given by   the Honourable Justice John Tsoho of the Federal High Court, sitting in Lagos, which ordered the bank and Starcomms to pay the sum of N1.3 billion plus interest for alleged breach of a 2008 contract in a suit involving a former Group Managing Director of Afribank Nigeria Plc, Patrick Olayele Akinkuotu and his company, Long Term Global Capital Limited.

Communal clash: Kwara sets up committee




The Kwara State Government has set up a fact finding committee on the remote and immediate causes of the recent communal clash between Share and Tsaragi communities in the state. The committee, headed by the State Deputy Governor, Elder Peter Kisra and comprises members of the state executive and security councils, has since visited the communities with a view to finding a lasting solution to the crisis.  

Former NLC State Secretary is dead, for burial December 28


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The death has been announced of the former Secretary of the Rivers State Chapter of the Nigeria Labour Congress (NLC) and educationist, Sir Joseph Osaro Ejire Awala, KSC.
A statement by his son, Mr. Innocent Sam Awala said that the former unionist passed away peacefully at his home in Alode, Rivers State on December 03, 2015 age 75.

Monday 21 December 2015

See Star Actress Ope Aiyeola's very beautiful Xmas Photos


Isn't she lovely?



Subsidy Removal Will Further The Hardship of Common Man- Gani Adams




Our attention has been drawn to a call by the National Leader of the All Progressives Congress (APC) and former governor of Lagos State, Asiwaju Bola Tinubu on the Federal Government to remove fuel subsidy.



This call, coming at this time when Nigerians are suffering untold hardship as a result of the downturn in global economy is both shocking and disappointing.


It is particularly disturbing that such call was made by a leader of the APC, a party whose leaders were in the forefront of a protest that shook the nation when former President Goodluck Jonathan increased fuel price to N97 per liter a few years ago.


As we speak, more than 15 states are unable to pay their workers as a result of the shortfall in the nation's earnings.
Without doubt, the removal of the fuel subsidy, which in truth is about the only thing that Nigerians enjoy from the government, will inflict more hardship on hapless Nigerians.


Therefore, any increase in the price of fuel via the removal of subsidy will definitely lead to increase in the prices of food stuff, while transport fares will shoot up, leaving civil servants who are already suffering from the shortfall in government's allocations to suffer more.


Rather than attempt to remove subsidy, the government should focus its attention on efforts to put our refineries in good shape.
It is a shame that at this age of our national life, Nigeria takes her crude oil to smaller countries like Equatorial Guinea to refine and later bring back same into the country as imported fuel.


Nigerians cannot continue to take the same old story by government that it cannot continue to subsidize the price of fuel, when we all know that that is only little benefit that Nigerians enjoy.


But the truth is that the call for subsidy removal should not surprise any Nigerian with discerning mind.
The government had for some time now drummed it into our ear to prepare for tougher times.
Government has also promised us change, but whatever change Nigerians expect and deserve from President Muhhamadu Buhari should not be to further push them into poverty.
Let President Buhari and all organs of government responsible for production and distribution of oil in the country stop the blame game and go after the disease instead of continuing to treat the symptom, which at all times, have only given us temporary reprieve.


More importantly, it is imperative that the government should know that any attempt to remove subsidy will only benefit the oil marketers, the cartel and all those who have combined to make living hell for Nigerians.


It is also important to remind government that any talk of subsidy in Nigeria is a government magic designed to deceive the people.
If truth be told, it is Nigerians that subsidize the little the government is doing.
Nigerians provide their own power, borehole, security, fill potholes and send their kids to private schools.


These are the problems President Buhari and the government should focus its attention on and not a planned subsidy removal as punishment for Nigerians for voting for him.

PROF SAGAY: TRIBUNE SACKS REPORTER....PLACES EDITOR ON SUSPENSION




The Sunday Tribune published an interview in its December 20, 2015 edition with the headline: "Buhari not sincere with corruption fight--Sagay." A lot of issues have since cropped up on that interview with the supposed interviewee disclaiming it through an online medium. We have done a preliminary in-house investigation into how the interview was conducted and on what could have gone wrong with it.

TROOPS CLEAR BOKO HARAM TERRORISTS ENCLAVES




As part of their determined efforts to rid the society of all known Boko Haram terrorists enclaves and hideouts, troops of 25  Task Force Brigade based on tip off conducted a fighting patrol along Damboa-Njaba-Bale road in Borno State.

Another Court Grants Dasuki, Five Others Bail


Another Federal Capital Territory( FCT) High Court has granted the former National Security Adviser (NSA) Col. Sambo Dasuki( rtd.) bail. Other granted bail include former Governor of Sokoto State, Attahiru Bafarawa,  ex-Minister of Finance, Bashir Yuguda, a former Director of Finance in the Office of the NSA, Mr. Shuaibu Salisu and two others on the condition that they provide N250 million bond each and a surety in like sum.