The Minister of Finance, Kemi Adeosun, on Thursday while fielding questions from senators during her appearance before the Senate enumerated 12 policies the Buhari administration is putting in place to turn around the situation the nation’s economy. Nigeria Property has put together the 12 policies she noted.
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Saturday, July 23, 2016
Fashola. 14 Companies Partners FG On $1.75bn Solar Power Project. 1125MW
The Federal Government on Thursday in Abuja signed a Front-Runner Solar Power Purchase Agreements (PPAs) worth 1.75 billion dollars with 14 companies to build 1125 Megawatts(MW) capacity of renewable power in the country.
Mr. Babatunde Fashola, Minister of Power, Works and Housing, who signed the documents on behalf of the government, said the agreement was to demonstrate government’s commitment to diversify Nigeria’s power industry.
Mr. Babatunde Fashola, Minister of Power, Works and Housing, who signed the documents on behalf of the government, said the agreement was to demonstrate government’s commitment to diversify Nigeria’s power industry.
FG Opposes Electricity Tariff Reversal, Backs NERC
Okechukwu Nnodim, Abuja
The Federal Government on Thursday opposed the court ruling that mandated it and the Nigerian Electricity Regulatory Commission to reverse the 45 per cent increase in power tariffs payable by consumers across the country.
It also commended NERC for appealing the judgement, describing the ruling as a setback that posed a challenge, which had prompted misunderstanding in the sector.
The Federal Government on Thursday opposed the court ruling that mandated it and the Nigerian Electricity Regulatory Commission to reverse the 45 per cent increase in power tariffs payable by consumers across the country.
It also commended NERC for appealing the judgement, describing the ruling as a setback that posed a challenge, which had prompted misunderstanding in the sector.
Nuhu Ribadu Formally Returns To APC
A former Chairman of the Economic and Financial Crimes Commission, Nuhu Ribadu, on Friday returned to the All Progressives Congress.
Mr. Ribadu said in a statement he posted on his Facebook page that he rejoined the party online on Friday, and then hosted officials of the party from his Bako Ward in Yola South Local Government Area of Adamawa State.
Mr. Ribadu said in a statement he posted on his Facebook page that he rejoined the party online on Friday, and then hosted officials of the party from his Bako Ward in Yola South Local Government Area of Adamawa State.
Friday, July 22, 2016
Tompolo Writes Last Letter To Buhari, Laments Harassment, Intimidation Of Family
Tompolo Laments Harassment, Intimidation Of Family, Associates by Military
*Says Buhari not fair to him
Again, wanted ex-militant leader, Chief Government Ekpemupolo, alias Tompolo, on Friday complained bitterly about the continuous harassment and intimidation of his family members and associates by security agencies.
Naira Sinks To N375 Per Dollar - The Nation
There was confusion in the market yesterday as the naira slumped to a new low in both the official and parallel markets, exchanging at N292.90 and N375 to the dollar.
The local currency however closed at 292.90 to the dollar on the interbank rate after just one transaction was carried out, with dollar supply drying up and no intervention by the CBN, traders said. Traders had expected the CBN to intervene to ease dollar shortages, but that did not materialise.
The local currency however closed at 292.90 to the dollar on the interbank rate after just one transaction was carried out, with dollar supply drying up and no intervention by the CBN, traders said. Traders had expected the CBN to intervene to ease dollar shortages, but that did not materialise.
Balarabe Musa blasts Buhari over state of the nation
A former Kaduna State governor and national chairman of Conference of Nigeria Political Parties (CNPP), Balarabe Musa, has described the President Muhammadu Buhari’s government as an “anti-people”.
He made the assertion at a colloquium held by the National Conscience Party(NCP) held in honour of the party’s founder, Gani Fawehinmi, in Akure on Thursday. Mr. Musa, who chaired the occasion themed, The State of the Nation: If Gani Were to Be Alive, argued that “the policies of the federal government, instead of ameliorating the sufferings of the people, have further impoverished and inflicted more pains on the masses”.
He made the assertion at a colloquium held by the National Conscience Party(NCP) held in honour of the party’s founder, Gani Fawehinmi, in Akure on Thursday. Mr. Musa, who chaired the occasion themed, The State of the Nation: If Gani Were to Be Alive, argued that “the policies of the federal government, instead of ameliorating the sufferings of the people, have further impoverished and inflicted more pains on the masses”.
Emigre Super Bloc: The Failed Turkish Coup – An Exploded View
by GH Eliason
Is Fethullah Gulen the feeble, kindly imam that mainstream media is making him out to be? Hardly. What this article will show is that Gulen is instead a career ultra-nationalist bent on carving up the Middle East and Asia. Gulen is on a mission to destroy Russia and China by cutting out territory that contains Turkic peoples from both nations.
Important to understand is Gulen is at work creating a Turkic Islamic World Order inside the countries his schools, people, and businesses reside in.
Wishful thinking (Saker rant)
Caveat one: Wishful thinking is considered bad, pollyannish, naïve, deluded, etc. Fine. I will plead “guilty” to all of these and boldly proceeded to express some terminal wishful thinking. I will do that because I do believe that it is sometimes important to set aside such otherwise precious things as realism and the so-called “real world” and to unabashedly proclaim that the world we live in is not the world we wished to be living in and that while we might break under the weight of reality, we sill are capable of remembering the ideals we hold dear. And then maybe, our wishes, at least some of them, will come true.
Thursday, July 21, 2016
China Hints at Economic Costs After India Deploys Tanks, Troops to Border
After India mobilized tanks to the Chinese border, Beijing has warned that the move could threaten potential investment opportunities.
On Wednesday, reports surfaced that New Delhi deployed nearly 100 Russian-made T-72 tanks to the Chinese border, in the northern region of Ladakh. Indian military officials cite a Chinese buildup on its side of the border as necessitating the move.
On Wednesday, reports surfaced that New Delhi deployed nearly 100 Russian-made T-72 tanks to the Chinese border, in the northern region of Ladakh. Indian military officials cite a Chinese buildup on its side of the border as necessitating the move.
PPRA considers introducing tax on petrol, diesel, kerosene and gas
Petroleum Products Pricing Regulatory Agency (PPPRA) says that taxation of petroleum products like fuel, diesel, kerosene and gas holds a huge revenue potential for Nigeria.
This is contained in a report of the two-day National Revenue Retreat in Kano. According to the Report, PPPRA says the introduction of taxes on petroleum products will supplement the revenue lost due to the fall of oil prices at the international market.
This is contained in a report of the two-day National Revenue Retreat in Kano. According to the Report, PPPRA says the introduction of taxes on petroleum products will supplement the revenue lost due to the fall of oil prices at the international market.
Bullet points – intelligence items, eye witness accounts, gleaned in the aftermath of Bastille Day massacre 2016 -Saker
Bullet points – intelligence items, eye witness accounts, gleaned in the aftermath of Bastille Day massacre 2016 – thanks tp Hicham Hamza of http://www.panamza.com/
(1) A video filmed by an Israeli ‘witness’. Shortly after the fusillade, at about the 18th second, a man lying alongside another individual appears to be pinned to the ground and is thumped vigorously by the police around him. At about the 45th second, he is seized and taken away from the truck. The document was posted online by a certain On Elpleg, an Israeli living in Norway. It was relayed by Ynet, website of the foremost daily Israeli newspaper Yediot Aharonot. Youtube suppressed the video, retrieved by Hicham Hamza.
Kidnapper mercilessly beaten after being caught yesterday –
The man snatched a child who was walking on the street with her mum, around Beckleys Estate, Abule Egba, Lagos, jumped on his bike and tried to ride away. He was however unlucky, as the woman raised an alarm and other passersby gave him a hot chase.
When he realized that his game was almost up, he threw the child from the bike, with the hope that his chasers would back off, but they didn't give up and he was eventually caught.
Wednesday, July 20, 2016
Land Grabbers To Face 21 Years Jail Term
Illegal land occupants also known as land grabbers will henceforth face 21 years jail term.
This was the law yesterday passed by the Lagos State House of Assembly prohibiting forceful entry and illegal occupation of landed properties in the state.
According to the Speaker of the Lagos State House of Assembly, Mudashiru Obasa, after the Bill had gone through the Third Reading and finally passed by a voice vote of all members present at plenary session, told the acting Clerk of the House, Mr. Azeez Sanni, to forward a clean copy of the bill to the state Governor, Mr. Akinwunmi Ambode, for his assent.
This was the law yesterday passed by the Lagos State House of Assembly prohibiting forceful entry and illegal occupation of landed properties in the state.
According to the Speaker of the Lagos State House of Assembly, Mudashiru Obasa, after the Bill had gone through the Third Reading and finally passed by a voice vote of all members present at plenary session, told the acting Clerk of the House, Mr. Azeez Sanni, to forward a clean copy of the bill to the state Governor, Mr. Akinwunmi Ambode, for his assent.
NUC Declares NTI Degrees Illegal -channels Television.
Updated July 19, 2016
The National Universities Commission (NUC) has warned prospective students not to enroll in the degree and postgraduate diploma in education programmes by the Kaduna-based National Teachers Institute (NTI) as the programmes are illegal.
The National Universities Commission (NUC) has warned prospective students not to enroll in the degree and postgraduate diploma in education programmes by the Kaduna-based National Teachers Institute (NTI) as the programmes are illegal.
Nigeria Suffering From Stagflation And Inflation: CBN
GOVERNOR, Central
Bank of Nigeria, CBN, Godwin
Emefiele, on Tuesday, in a
meeting with the Senators
presented a lucid and
comprehensive account of
the performance of the
Nigerian economy in the last
one year he also told them
about the situation of the
economy and measures that
were being taken by the
Federal Government to
remedy the situation.
Remi Tinubu Refuses Close Door Meeting With Dino Melaye
Remi Tinubu Refuses Close Door Meeting With Melaye,Says no parley with peoples enemy.
Senator Oluremi Tinubu has refused to sit in a meeting with Senator Dino Melaye saying it is absurd to sit with an enemy. However, Senate President, Bukola Saraki has subsequently urged Senator Melaye to stay outside while he address Senator Tinubu...Also in the meeting are Senate Leader,Ali Ndume, Senator Rafiu Ibrahim.
Adeniyi Oyebade Indicted Of Shi'ite Killing By Kaduna Judicial Panel Of Inquiry
The General Officer Commanding the Nigerian Army’s 1st Division, Adeniyi Oyebade, a major general, authorized last December’s military operation that massacred at least 347 members of the Shi’a Muslim group in Zaria, and should be prosecuted, a judicial commission of inquiry into the killings, has said in its final report.
The commission of inquiry, set up by the Kaduna State government, indicted Mr. Oyebade and other senior army officers for the attack, PREMIUM TIMES can authoritatively report.
The panel’s report was submitted to Gov. Nasir el-Rufai on Friday, but its details are yet to be made public.
Buhari Under Fire Over Arms Panel’s Exemption Of Dambazau In Latest Probe Report
President Buhari has come under attack over reports suggesting his government may have deliberately doctored the latest report of the presidential arms audit panel.
The reports have cast doubt on the integrity of an administration that repeatedly defined honour and transparency in public service as part of its cardinal objectives, critics said.
The reports have cast doubt on the integrity of an administration that repeatedly defined honour and transparency in public service as part of its cardinal objectives, critics said.
FG Appoints Iyuke Principal Of PTI
The federal government has appointed a renowned South African based professor of Chemical and Process Engineering, Mr Sunny Iyuke, as new principal and Chief Executive Officer of Petroleum Training Institution, Effurun.
Until his appointment, he was the Head of School of Chemical & Metallurgical Engineering of the University of the Witwatersrand, South Africa. He has produced several patents in nanotechnology locally and internationally including World Intellectual Property Organization of International Bureau.
Until his appointment, he was the Head of School of Chemical & Metallurgical Engineering of the University of the Witwatersrand, South Africa. He has produced several patents in nanotechnology locally and internationally including World Intellectual Property Organization of International Bureau.
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