Monday, September 5, 2016

Ubi Franklin partners with GSR to sign a PPA with the Cross River State government .

 A Power Purchase Agreement has been reached between the Cross River State government and GSR-Gesellschaft für strategische Risikofinanzierung mbH in partnership with SIJ Global and MMMG boss, Ubi Franklin.

The agreement is for the finance, construction, operation and transfer of 10 photovoltaic plants in the state under a Public Private Partnership, in line with the governor's promise to make the state become the first to have a 24-hour uninterrupted power supply across all local government areas.

Nigerians Rate Buhari Poor In Economic Management – Vanguard Poll

By Emeka Anaeto, Economy Editor
Vanguard Media online opinion poll has revealed large scale disapproval of the economic management policies by president Mohammadu Buhari, even as economists and institutional analysts clamor for policy changes.

The poll asked respondents how would they score Buhari’s government on economic management so far, on three rating scales: Fantastic; Bad; Average.

Bridging the Differences: What's Behind the Russia-US Talks on Syria

Amid the reports that Russia and the US have failed to bridge the differences on the Syrian issue at the bilateral talks on the sidelines of the G-20 Summit in Hangzhou, China, Reuters has revealed the details of a possible deal on the resolution of the ongoing conflict.

President Putin has met with his US counterpart on the sidelines of the September 4-5 G20 Summit in the Chinese city of Hangzhou on Monday. Talks between US President Barack Obama and Vladimir Putin lasted longer than planned, as the two leaders discussed Syria and Ukraine, Kremlin spokesman Dmitry Peskov said.

US Congressman writes Kerry, accuses Buhari of autocratic tendencies –

The letter written by Tom Marino, a Republican, to Secretary of State, John Kerry, reads in part: “Dear Secretary Kerry, I am encouraged by the personal interest you have taken in aiding Nigeria. However, I believe there are a number of warning signs that signal “Pres. Buhari might be sliding towards former autocratic tendencies.”

Melaye urges Buhari to stop barking and start biting by sacking Adeosun, Emefiele, Udoma

In a statement today, Sen. Melaye said the President must shake up his cabinet, and accused some members of cabinet as lacking the capacity to deliver on the mandates of their ministries and agencies.

He said the Minister of Finance, Kemi Adeosun; Minister of Budget and National Planning, Udo Udoma; and the Governor of the CBN, Godwin Emefiele, should be axed for the economy to be effectively rebooted to deliver on the change agenda of the present administration.