Friday, April 15, 2016

U.S Market Panics Over Potential Dollar Crash As Buhari Signs Currency Deal With China

In a bid to bridge the widening gap between the Naira and the Dollar in the Exchange rate market, President Muhammadu Buhari, on Tuesday, April, 12, shocked foreign investors mainly from the United States who have been accused of stockpiling their money in dollars.

The President had consistently insisted that he would not devalue the naira against the dollar despite pressure from the International Monetary Fund, IMF and the United States.

Photos: Beautiful Zahra Buhari at the launch of her mother's book yesterday


Zahra Buhari was looking beautiful as she attended the launch of her mother, Aisha Buhari's book, The Essentials of Beauty Therapy, which held at the state house Abuja yesterday April 14th.

Photos: Bauchi State Governor honours 11 outstanding 2015 Batch A NYSC members


Bauchi State Governor Mohammed Abubakar has honored 11 outstanding 2015 Batch A National Youth Service Corps (NYSC) Members who distinguished themselves during their service year in the State.

Saraki loses bid to stop his CCT trial


Senate President Bukola Saraki this morning lost his bid to stop CCT from going on with his trial. Justice Abdul Kafarati of the federal high court, Abuja, dismissed Saraki's Fundamental Human rights suit challenging the jurisdiction of the Code of Conduct Tribunal to try him over alleged false declaration of assets while he was Governor of Kwara state.

Jesus Gutierrez arrested after being filmed s3xually assaulting girlfriend's dog

Jesus Gutierrez, 39, has been arrested after he was filmed on a secret camera fondling his girlfriend's dog at their home in New York. His 43-year-old girlfriend had gone to work but set up a camera to film what was going on in the flat. Prosecutors claim it filmed Gutierrez abusing the dog but his lawyer Jack G. Goldberg, said he'd seen "no evidence" of the assault, adding "I want to see the video." He was arrested and later released on bail. He faces being charged with torturing an animal & sexual conduct with an animal.

Enugu Community At War Over Slavery

By Emeka Mamah
ENUGU—Several people were injured while two houses were burnt at Alor Uno in Nsukka Local Government Area of Enugu State following crises between the Ejuona people and their Ugbene neighbours over which of them were the aborigines or slaves. Gov. Ugwuanyi of Enugu State Although the crises started several years ago, the latest trouble began when the Ugbene people discovered that their Ejuona neighbours allegedly wrote a constitution secretly and deposited same with the state government without their knowledge. Under the secret constitution, the people of Ugbene were barred from taking any title including the traditional ruler ship of the area as they were considered as sub-humans who should not associate with real human beings.

Gunmen Attack Ikpeazu's Convoy In Aba

APRIL 15, 2016

By Ugochukwu Alaribe ABA—The increasing state of insecurity in Aba, Abia State, took a new dimension on Wednesday night when Governor Okezie Ikpeazu’s convoy was attacked in an encounter with armed robbers, who were robbing commuters along Aba-Owerri Road. This is even as a yet-to-be identified victim was kidnapped at Immaculate Junction, while another is being feared dead after he was hit by stray bullet.

Nigeria Has A Lazy Political Class – Pat Utomi

Professor Patrick Utomi, erstwhile Vice Chairman of Keystone Bank

Prof. Pat Utomi, renowned political economist and President of Lagos Business School, has taken a swipe on President Muhammadu Buhari’s government, describing it as being filled with men who lack vision and the political will to salvage the economy of the nation.

Professor Pat Utomi was speaking during the lecture organized by the School of Media and Communications on Tuesday, April 13, 2016 on the theme “Economic Survival in a Period of Dwindling Oil Prices”.

CCT Trial: 5 Punishments Saraki Will Face If Found Guilty

Senate president, Bukola Saraki is facing the biggest challenge of his political life.

Having served as a two-term governor of Kwara state, chairman of Nigeria Governors Forum, second-term senator and currently Nigeria’s number three citizen, these are indeed dire times for the scion of the Saraki dynasty.

When the  chairman of the Code Of Conduct Tribunal (CCT), Danladi Umar, issued an arrest warrant for Saraki for false declaration of assets, it was the first time in Nigerian history that a sitting senate president will be so humiliated.

We Buy Dollar At N320, Says PZ Cussons

PZ Cussons Plc says it is paying as much as 70 per cent more than the official rate for dollars as the Central Bank of Nigeria trading restrictions reduce availability of foreign currency in Africa’s biggest economy.

“Whilst the official naira exchange rate continues to be stable, a lack of availability at that rate is resulting in the majority of dollars being purchased at a premium of 50 per cent to 70 per cent,” the Manchester-based maker of Imperial Leather soap said in a trading update on Thursday.

Division In Senate Over Amendment Of CCB Act


Some senators staged a walkout on Thursday to protest a bill seeking to amend the act establishing the Code of Conduct Bureau (CCB) and its tribunal.

The senators expressed dissatisfaction with the bill, which passed second reading, saying the proposed amendments were not in the interest of Nigerians.

Bayelsa Corps Members Protest Unpaid Allowance

Asks Dickson to pay state’s obligations
Batch ‘A’ members of the National Youth Service Corps (NYSC), who passed out, yesterday, trooped to the streets of Yenagoa, Bayelsa State, to protest the state’s government inability to pay their transport allowances.

It was gathered that the corps members took their grievances to the Government House after receiving their discharge certificates.

But the Commissioner for Information and Orientation, Mr. Jonathan Obuebite, reportedly addressed the protesters.

Obuebite said the government was zealous at promoting the interests of corps members in the state.

FCT Election Is A Shame, PDP Says

The Peoples Democratic Party (PDP) has described the just concluded Federal Capital Territory (FCT) area councils election as a shame, saying that the federal government, officials of the Independent National Electoral Commission (INEC) and security operatives manipulated the elections in favour of the All Progressives Congress (APC).

Akpabio Accuses Dino Melaye Of Using Chibok Girls Saga To Win 2015 Elections


The immediate past governor of Akwa Ibom State and Senate Minority Leader, Godswill Akpabio, Thursday accused his colleague, Dino Melaye and other leaders of the ruling All Progressives Congress (APC) of using the abduction of the 219 Chibok schoolgirls to win the 2015 elections.

2019: PDP Zones President To North, VP Goes To South East

…South-south to produce Reps Speaker

By Willy Eya

Ahead of the May 21 National Convention of the Peoples Democratic Party (PDP) in Port Harcourt, Rivers State, indications have emerged that the party has zoned the positions of president and vice president to the North and South East, respectively.

By the zoning arrangement, while the North will retain the seat of the Senate President, the South South will produce the Speaker of the House of Representatives and the national chairman of the party.

Photos: Commercial bus razed inside NNPC filling station in Lagos

A commercial bus was razed this morning inside the NNPC mega filling station at Palm Groove along Ikorodu road. Thankfully the fire did not spread to other parts of the station. No casualty was recorded in the incident. Continue to see more photos..
 

Japan earthquake: 8-month-old baby pulled out alive from collapsed building


A video footage shojapaws the moment an eight-month-old girl is pulled out alive from a collapsed building following a devastating earthquake in Japan. Rescue workers can be seen gently lifting the baby out of the rubble and then rushing her into a waiting ambulance and taken to hospital.


It was a moment of light relief for the country following the magnitude 6 tremor which killed at least nine people and injuring hundreds, local media said.

Photo: Landlady who set her tenants room on fire to eject him declared wanted by police

Nike Azeez pictured above, the landlady in Ijegun community of Lagos state, who set the room of one of her tenants Adeleke Shakiru on fire on Tuesday April 12th, just to eject him from her compound , has been declared wanted by the Lagos state police command. Nike who fled her home with her children after she committed the crime, is presently at large. However her husband, Jamiu has been arrested and is now at the Isheri police station.

"My daughter asked me if the Chibok girls will be brought back home" - Atiku Abubakar


Today marked two years since the abduction of over 200 schoolgirls in Chibok. Speaking on the issue, former VP Atiku Abubakar expressed confidence in the administration's commitment to bringing the girls home safely.

Oshiomhole’s aide arraigned for publishing a post on FB against the governor and unlawful possesion of arms


A Senior Special Assistant on Media to Edo state governor Adams Oshiomhole, Curtis Eghosa Ugbo, has been arraigned before an Oredo Magistrate Court for allegedly publishing an article online against Oshiomole. According to The Nation, 47 year old Curtis was also arraigned for unlawful possession of firearms. Court papers states that Curtis's article against Oshiomole was published on April 10th and had the caption,

Photos: Federal govt delegation visit Chibok parents in Borno


A Federal government delegation led by the Minister of Environment, Amina Mohammed, Special Adviser to President Buhari on Social Investments Maryam Uwais, Minister of state for Budget and National Planning Zainab Ahmed and Ministr of state for Power, Works and Housing Mustapha Shehuri, visited Chibok community in Borno state today to commemorate the 2nd year of the kidnap of 219 Chibok girls. Continue to see more photos...

I share your pains- Buhari assures parents of Chibok girls

President Buhari has assured parents and relations of the kidnapped Chibok girls that he frequently reflects on the ordeal of the captives in the hands of Boko Haram terrorists and shares the pain of their continued absence from home. Buhari said this in a statement released by his Senior Special Assistant on Media and Publicity, Shehu Garba. Part of the statement reads;


Landlady who set her tenant's apartment on fire has been arrested

Nike Azeez, the landlady who set an apartment on fire to eject her tenant has been arrested. According to the police, she fled to Alakuko area after the incident. Lagos Police command detectives moved in on her and she has been arrested. She will soon be charged to court.

Thursday, April 14, 2016

“What is Socialism – an opinion from Vermont”

by Gary Flomenhoft
This whole Bernie thing has got people debating about what socialism is. Is it New Deal liberalism? Scandinavian welfare statism? State communism? Or what?

Let me simplify it for you. Socialism is basically anything run by or paid for by government.

Socialism is what free enterprise needs to operate. You might even call it the operating system for business. Business needs stable government, a strong judiciary to protect property rights and contracts, and good public services for delivery of materials and goods to firms and customers.

Special Assistant To Oshiomhole, Curtis Ugbo Nabbed For Illegal Gun Possession

Curtis Ugbo, a Senior Special Assistant to Governor Adams Oshiomhole of Edo State, was on Thursday arraigned before an Oredo Magistrate Court sitting in Benin, for illegal gun possession and an anti-government publication he posted on the internet.

Ugbo, 47, allegedly committed the offence on April 12, at 2B, Ugbor Road, Benin.

The alleged publication which was read in the Court, said: “What is wrong with my boss, the ground breaking of Edo State own cement industry in partnership with private company under government public partnership and stakeholders, no State House member or Speaker and National Assembly member present.”