Skip to main content

Posts

Showing posts from October 23, 2015

Naira: Sanusi backs devaluation, says CBN ‘in denial’ with policies

Former central Bank of Nigeria, CBN Governor, Sanusi Lamido, has called on his successor to devalue the naira and warned that Africa’s biggest economy is in danger of a long term slump unless the government confronts slowing growth. Sanusi Lamido “Let’s stop being in denial, we cannot artificially hold up the currency,” Sanusi, now the Emir of Kano, Nigeria’s second-ranked Muslim leader, said in a speech he delivered on Thursday in Lagos broadcast on CNBC Africa. President Muhammadu Buhari “needs help on the economy,” he said. Buhari has said he opposes a weakening of the naira. Under current Governor Godwin Emefiele, Nigeria’s central bank has curbed dollar funding since March, virtually fixing the exchange rate, even as other oil exporters from Russia to Colombia and Kazakhstan have let their currencies weaken. Nigeria derives two-thirds of government revenue and 90 percent of export earnings from sales of the commodity. Limiting access to dollars has stabilized the naira, w...

All airports in Nigeria would be shut down sunday mid night.

It was gathered that airports across the country are to be shut down on Monday, October 26, as the two leading unions in the sector on Thursday, October 22, threatened to shut down Nigerian Civil Aviation Authority, NCAA by midnight on Sunday. The unions, National Union of Air Transport Employees, NUATE, and National Association of Aircraft Pilots and Engineers, NAAPE, in a letter dated 21st October, 2015 to their members accused NCAA of not adhering to the condition of service with respect to promotion of workers and other welfare issues. The letter jointly signed by Secretary General, NUATE and Secretary General NAAPE, Comrades Olayinka Abioye and Aba Ocheme threatened to shut down the agency from midnight Sunday till further notice. The unions insisted that the withdrawal of service by the workers became expedient in order to safeguard the integrity of NCAA’s condition of service. The unions stated that the action of the Director- General of NCAA, Capt. Muhtar Usman breached section...

Gov Wike Aide escapes assasination attempt

Special Adviser on Media and Publicity to Governor Nyesom Wike of Rivers State, Mr Opunabo Nko-Tariah, Thursday night escaped assassination bid on his life. The media aide who narrated the incident to newsmen in Port Harcourt yesterday said unknown gunmen opened fire on his vehicle with Registration number, Rivers 105 RVG at Israel Ama bridge, Buguma community in Asari Toru local government area. Opunabo Inko-Tariah (right) Wondering how he escaped, the media aide, Mr Nko-Tariah said he still could not imagine how he survived the shooting, targeted at his vehicle. He said the volleys of gunshots smashed one of the windscreens of the car, adding that while the shooting was on his Police escort told him not to stop which he did. He said at a point, the escort who was by his side in the vehicle had to quickly open his door and shot back at the assassins. “I am still shocked over what happened. I was completely confused. The police escort told me not to stop the car and that I...

Kifasi Hands Over To Oyo-Ita, Urges Improved Welfare Support For Civil Servants

Mr Danladi Kifasi, the outgoing Head of the Civil Service of the Federation (HOS), has called for more attention to the provision of welfare support for civil servants. Kifasi made the call while presenting his hand-over notes to the Acting HOS, Mrs Winifred Oyo-Ita, on Thursday in Abuja. According to Kifasi, the desire to motivate civil servants for higher productivity has always been constrained by lean budgetary allocation. He said it had become imperative to adjust expenditure to meet critical needs, sustain operations and ensure effective service delivery to the public. Kifasi maintained that he had kept faith with the oath of allegiance he took on assumption of office 13 months ago, serving the country dutifully and faithfully. He stressed that with the cooperation of permanent secretaries, he had achieved a lot within the period he was in office. He thanked President Muhammadu Buhari for the opportunity given him to serve. Kifasi promised continued support f...

You won't stop laughing

One of Oby’s son – Chine Ezekwesili started the drama by insulting Ohimai Amaize over his decision to leave PDP which he announced on twitter yesterday. The former Special Adviser wasn’t going to take it and came for Chine. Social media is sweet and exhausting. Lol. See their insulting tweets to each other below:

Several people feared dead in Maiduguiri Mosque bombing

Military sources disclosed early today that a suicide bomber blew himself up inside a Mosque during the morning Islamic ‘Subhi’ Prayers in Maiduguri killing 6 persons while 17 others were injured. Confirming the suicide attack, the National Emergency Management Agency said its rescuers evacuated six dead bodies of the victims of the early morning suicide bombing. A senior health worker also confirmed that the 6 bodies have been deposited in the mortuary, while the 17 other injured victims are being treated in Specialist and teaching hospitals in Maiduguri. The mosque is located behind Magistrate Court, Polo Area in Maiduguri. It was gathered that the explosion was carried out by a suspected lone suicide bomber while his two accomplices escaped, when some vigilant members of the community accosted them on their suspicious movements.

Woman Gradually Turns Into Statue Because Of Body Mutation

Ashley Kurpiel suffers from Fibrodysplasia Ossificans Progressiva (FOP), which affects just one out of every two million people. It causes muscles, tendons and ligaments to spontaneously turn into new bones and there is currently no cure. The disease is incurable, and eventually results in death Ms Kurpiel was misdiagnosed with cancer when she was just two-and-a-half and even had her arm amputated. But five months after the crucial operation the doctors said that the tumour they thought was a carcinoma was actually a sign of FOP. READ ALSO:  Black Woman Says She Adores Dozens Of White Patches Covering Her Body  (Photos, Video) “I am growing a second skeleton in a sense, becoming a human statue physically. Many others living with this lose all mobility, head to toe, and their jaws have locked shut. At 25 I lost mobility in my right leg and had to learn to live life and how to move around. A disease...

Saraki’s travails not masterminded by APC – Gbajabiamila

ABUJA – Majority Leader of the House of Representatives, Hon. Femi Gbajabiamila yesterday said that absolute peace and tranquility has returned to the National Assembly especially the House of Representatives. He stated that members were now on the same page and were determined to enact people-orientated legislations for the country. It will be recalled that the House was engulfed by leadership crisis arising from the selection of the presiding and principal officers after its inauguration in June. Hon. Femi Gbajabiamila Gbajabiamila who spoke to State House Correspondents after a private meeting with president Mohammadu Buhari at the presidential villa in Abuja however noted that current travails of the senate president, Dr. Bukola Saraki, saying the woes do not have anything to do with All Progressives Congress, APC as a political party. He dismissed the application of political solution to the matter, believing that the law would run its full cause. He said: “This is...