Friday, 23 November 2012

Judge "Apologizes" For Postponing Ruling On Babangida's Theft Of $12.4bn Gulf War Oil Windfall-PREMIUM TIMES


Ibrahim Babangida

Nigerians will have to wait another week to know if Civil society groups have the right to know how $12.4 billion gulf oil windfall was spent by the Federal Government under former Military dictator, Ibrahim Babangida, following the adjournment of a suit over the money.
Gabriel Kolawole, presiding judge of the Federal High Court, Friday morning, postponed the delivery of judgement on the matter to November 29.
The judge apologised for the adjournment, which is one of many previous adjournments in the suit.
A group, the Socio-Economic and Accountability Project (SERAP), and five others sued the Attorney- General of the Federation (AGF) and the Central Bank of Nigeria (CBN) over the much publicised $12.4 billion oil windfall, which the country recorded between 1988 and 1992, while former military dictator, Ibrahim Babangida was in power.
The plaintiffs also asked the court to make an order compelling the CBN and the AGF to publish detailed accounts relating to the spending of the sum of money between 1988 and 1994. They also sought for an order of the court compelling the respondents to diligently and effectively bring to justice anyone suspected of corruption and mismanagement of the sum; as well as the release the official copy of a probe into the spendings by a committee set up by the government and headed by Pius Okigbo.
The Federal Government argued, among others, that it could not find an official copy of the probe report and that “only the AGF as a defender of public interest has the right to seek information on the spending of the $12.4 billion oil windfall.”

Thursday, 22 November 2012

President Jonathan Assures Nigerians of 24 hour Electricity Supply in 2013



President Jonathan harps on Power Reforms
In furtherance of his determination and commitment to ensuring that Nigerians enjoy steady power supply Nationwide, President Goodluck Jonathan has  made a bold statement that several cities in the Country will enjoy steady and uninterrupted supply by June 2013.
Power which remains one of the key sectors the Goodluck Administration has taken as a priority to fix has become very vital to the economic and technological advancement of the Nation, and the recent process of privatization of the sector, lays claim to another phase the sector is about to experience.
He made this statement while fielding questions in Islamabad, Pakistan during the D-8 summit of Leaders.
He said, ‘We have power projects that are going on, so before the end of second quarter, that is middle of next  year, most of these projects would have been inaugurated and we will be evacuating and that time; quite a number of cities will begin to have 24 hour power supply’.
“When we get to that point, you will see that small scale enterprises will begin to make returns, and that is the way we can create jobs.”
“Currently, we are generating more than what our transmission capability can evacuate. We have over 1,000MW of power that we cannot evacuate because of the transmission infrastructure that has been weak over the years, and very recently, the government started the intervention.”

“We have intervened robustly in the power sector, and if you call back home, they will tell you that power is improving, and we have promised that we will stabilise power supply.
Various surveys on Business growth in Nigeria have linked the slow pace and potential of Small Medium enterprises to epileptic power supply, most Muliitinationals especially in the Oil and Gas and Telecommunications sector have complained of spending huge budgets on generating their own power supply.
President Jonathan also in a meeting with Nigerians living in Pakistan, regretted the devastating floods that hit some parts of the Nation, stating that it had impeded the economic development , but was optimistic  that Nigeria will bounce back.
Ever since the roadmap summit on Power held in  Lagos State in 2010 with President Goodluck Jonathan and Governor Fashola in attendance, the Federal Government has engaged the private sector and also through the Lagos State initiatiive designed a framework for unbundle the sector to ensure efficiency.
With these statement it is believed that if 24 hour steady power supply is achieved in some cities in the Country by Mid 2013 Nigerians after many years of groaning in darkness and poor power supply, will begin to move from cynicism to the hope that things can starting working in the Country.
BusinessNews

FG Validates Manitoba’s Power-Mangement Contract



Manitoba-Hydro HQ Canada
The Federal Government validated a power-management contract signed by Canada’s Manitoba Hydro Electric Board in July to run the state-owned power utility Transmission Co. of Nigeria after regulatory approval, the Bureau of Public Enterprises, the privatization agency, said.
“We have received ratification from the Bureau of Public Procurement and the contract has been certified,” Chukwuma Nwokoh, a spokesman for the Abuja-based privatization agency said by phone today. Under Nigerian laws, all contracts entered into by the government needs to be certified by the Bureau of Public Procurement.
Reuben Abati, a spokesman for President Goodluck Jonathan, on Nov. 14 announced the cancellation of the contract saying the correct procedure wasn’t followed. Manitoba “did not follow the law strictly” and initial report of the termination was a “misunderstanding,” Jonathan said on Nov. 18 in an interview broadcast on state-rub television NTA
Nigeria, Africa’s top oil producer, is selling majority stakes in power plants and letting private investors buy as much as 60 percent of 11 distribution companies spun out of the former state-owned utility as it seeks private investment to curb power shortages. Blackouts are a daily occurrence in Nigeria, Africa’s most populous country with more than 160 million people. Demand for electricity in Nigeria is almost double the supply of about 4,000 megawatts and the government plans to boost output to 14,019 megawatts by 2013.
Bids worth more than $2 billion by companies including Siemens AG (SIE) and Korea Electric Power Corp. (KEP) were approved by the government for the sale of the companies on Oct. 30.
 BusinessNews

20 qualities of men who women find irresistible



Perhaps the greatest commonality these men share is their dedication to investing in themselves.
We all have different identities, personalities, and things that make us tick. Yet at the same time, we’re not always that different from one another.
In my never-ending thirst to understand male and female dynamics, I’ve recognized some key patterns. The guys who have healthy, successful connections with women have a combination of most, if not all of the following:
  1. They smile often.
  2. They face (or have faced) a lot of rejection.
  3. They have anxiety approaching women, but do it anyway.
  4. They deal with fear, rather than avoid it.
  5. They challenge their comfort zone on a regular basis. They’re not afraid to stumble. They know it will only make them stronger and more successful in the long run.
  6. They listen. They know that it’s best to breathe, relax, and pay attention. They are happy taking an extra second or two to let their mind naturally respond.
  7. They embrace their sexuality as men. They push things forward — if they like a girl, they show her. They enjoy touching and flirting with women.
  8. They take responsibility for themselves and their faults. Rather than mope, beat themselves up, or point the finger elsewhere, they strive to become something better.
  9. They have their logistics down. They know how to craft a memorable experience and plan accordingly.
  10. They understand fashion and use it to enhance their attractiveness. They know what colors and cuts of clothing flatter them most.
  11. They don’t objectify or slut-shame women. They see them as equal human beings who love sex, too.
  12. They aren’t afraid to go out solo. If no one is around and they want to socialize, they make new friends.
  13. They’re passionate. They speak with excitement and enthusiasm that draws others in.
  14. They make unabashed eye contact.  They realize how critical it is for effective and powerful communication — especially flirting.
  15. They’re congruent with their intentions. They don’t pretend to be a friend when they want something more. They are honest with themselves and with women.
  16. They’re curious. They have genuine interest in others. They don’t treat conversations as a win or lose situation.
  17. They know how to look confident, even when they aren’t. They don’t fidget nervously. They are expressive with their face and gestures. They stand tall, have open body language, and move with purpose.
  18. They create interesting, fulfilling lifestyles. They understand that when they’re happy, others will want to be a part of that.
  19. They value their time. They don’t endlessly chase and invest energy in those who don’t appreciate them.
  20. They’re of all shapes, sizes, and races. Short, tall, fat, skinny, and everyone in between – I’ve seen them and coached them myself.
The beauty is that none of these are unattainable traits. Everything here is possible, but requires your commitment. Perhaps the greatest commonality these men share is their dedication to investing in themselves.
YNaija.com

Fire guts TheNews, PMNews head office in Lagos


A sombre atmosphere engulfed the head office of the Independent Communications Network Limited, Lagos, publishers of a weekly magazine TheNews, evening tabloid, PMNews located on Acme road Ogba, as it was gutted by fire around 6.30pm yesterday (Wednesday).
DailyPost gathered that the fire which was caused by a power surge affected the last floor of the two storey building.
Eye witness who spoke on the condition of anonymity confirmed to DailyPost that nobody was hurt but equipment and valuables worth millions of naira were destroyed.
He said, “The fire was very ferocious. I think the fire was caused by power surge. When the power supply was restored, the voltage was high and some employees did not switch off their systems.”
Another source told DailyPost that men of the Lagos State Fire Services and Lagos State Emergency Agency (LASEMA) were unable to get to the scene of the incident on time due to traffic congestion along Agidingbi and Awolowo Roads, adding that their effort eventually stopped the fire from gutting the entire second floor.
DailyPost

Who Is Telling The Truth About Boko Haram?

Boko Haram is taking a much huger toll on us than the killings, arson and maiming that have become its trademark. While we are still grappling with burying hundreds of the sect’s victims, rebuilding places of worship, reconstructing ethnic and religious relationships, and peering warily into a future that is looking increasingly gloomy, the sect has both directly and indirectly created a unique trouble for everybody.

So far, we have passed the stage of arguing over whether to negotiate with the sect or not, for it seems we have argued ourselves into a stalemate, with the government more evidently at sixes and sevens than the rest of us.

Now, we are at the stage of arguing over whether we are actually negotiating with the sect’s representatives or not, and not trusting what we see or hear. Self-doubt has begun to gnaw at our national kidney.
After many months of handwringing, unsure whether to fight the sect or not, the government finally decided to fight, even if half-heartedly. Then, when it was discovered that winning the fight goes beyond the mere determination to fight, the government, like a whirligig, again began to contemplate dialogue; and the sect itself, with its hoary sense of humour snickered as it baited the government.
Finally, a few weeks ago, after the sect announced its readiness to enter into dialogue, presidential spokesman, Dr Reuben Abati, acknowledged that some forms of negotiations were going on.
He had asserted, with the kind of confidence, “I can confirm to you that talks are ongoing at the background. But the talks are not the kinds being envisaged by Nigerians. I know that some Nigerians are expecting that a venue should be chosen and a banner would be placed there indicating that the Federal Government is holding dialogue with the group there. That is not the kind of talks we are talking about here. The ongoing talk is a back-channel one in which those who know members of the group are talking with them on behalf of the government.”
Abati’s confident assertions supposedly put us out of misery. But the relief was short-lived.
Soon, the president himself, Dr Goodluck Jonathan, weighed in with an even more vigorous counter of his own.
Said he dismissively: “Government is not in dialogue with any of group of people, not the least Boko Haram. They Boko Haramare still operating under cover. They wear a mask. They don’t have a face. You don’t dialogue with people you don’t know. We don’t have anybody to dialogue with. There is no dialogue going on anywhere contrary to reports that have been carried in the media.”
If Abati doesn’t have egg on his face because of his self-effacement, on his behalf, we solemnly bear the pain. But who’ll break the logjam and set the record straight?
Enter Dr Junaid Mohammed, the knight in shining armour, sweeping pugnaciously into view, arms flailing, eyes blazing hot, and tongue speaking daggers. He confirmed that the president was not telling the truth on Boko Haram dialogue, and that, in fact, dialogue was already taking place between the sect and government.
Hear the eloquent Jonathan tormentor: “This government (the Jonathan presidency) has been having underground talks with Boko Haram, and if the President says he is not negotiating with the sect, he is lying. What the government is trying to do with the Boko Haram matter shows the highest display of hypocrisy and dishonesty.”
Few people call a spade a spade as acerbically as Junaid.
Should we decide to cast the deciding ballot, how would we vote? All three gentlemen ought to know the truth; but all three have chosen to tell colourful stories. Somewhere between them lie the unvarnished facts, and perhaps it is only Boko Haram that is not misrepresenting the reality. The winner in all this, it is obvious, is Boko Haram, a sect that repeatedly sets a cat among the pigeons, our pigeons, frightens us out of our wits, and causes the power elite to find fact and fiction indistinguishable.
InformationNigeria.org

CPC condoles President Jonathan, congratulates him on birthday


One of Nigeria’s leading opposition parties, Congress for Progressive Change (CPC) on Tuesday set aside its grouse with the Peoples’ Democratic Party-led administration, condoling President Goodluck Jonathan over the death of his younger brother, Meni Jonathan.
Meni died at the State House Hospital in Abuja on Tuesday, the same day the president clocked 55.
In a statement by Engr.Rotimi Fashakin who is the National Publicity Secretary of CPC, the party said “We, in the Congress for Progressive Change (CPC), received the news of the demise of Chief Meni Innocent Jonathan (younger brother of President Goodluck Jonathan) with an unquestionable feeling of empathy for the Jonathan family.
Undoubtedly, the loss must have brought great anguish to the family.”
“As a party, we commiserate with the Jonathan family at this very trying time. It is our prayer that the good Lord shall grant the needed grace and fortitude to bear the irreparable loss .”
The party also congratulated President Jonathan on his birthday.
“While mourning the dead, it is fitting to celebrate the living. It is in this wise that the leadership, members and supporters of the CPC heartily congratulate President Goodluck Jonathan on his 55th birthday. We pray for good health and many happy returns.”
“God bless Nigeria,”.
DailyPost