Grenadines Homes Unveils It’s Atlantic Resort to Great Delight From Experts

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Nigeria’s real estate landscape is been redefined by leading real estate development company and a member of the Palton Morgan Holdings, Grenadines Homes, as it ups the ante through its iconic estate “The Atlantic Resort”.

This resort is located at Water Corporation drive, off Ligali Ayorinde, Victoria Island Annex, Lagos and is a ready contender for several future international awards and currently a toast of industry experts who have described it as a master piece.

Mr. Adesope Adeyinka, the Executive Director, Grenadines Homes, and Chief Executive Officer of the holding company, Palton Morgan, said that Atlantic Resort comprises two residential towers and one mixed use tower and is birthed to be the most iconic destination to Live, work and play in Africa. The Resort is open to all classes of people as part of efforts targeted at making available homes for all levels of people.

The Atlantic Resort is a symbolic statement on Africa’s excellence and stylish living that is not limited to a privileged few. It provides a relatively great solution to the well-documented housing needs of Nigerians, especially in the Lagos metropolis. This is in keeping with the experience and future that Nigerians want. Atlantic Resort is an epitome of beauty and brilliance style and substance.

Grenadines Homes, through the Atlantic Resort project, has undoubtedly embarked on a journey to reinvent the industry by making ownership of the best in class piece of real estate available to all, thus undermining class barrier.

Atlantic Resorts is designed by two globally renowned architectural firms, UK-based HOK, an arm of HOK, USA which designed the Dubai Marina and ECAD, a leading Nigerian Architectural firm, which designed the BAT “Rising Sun Tower” and Heritage Place in Ikoyi. This collaboration is aimed at sustaining value for would-be investors.

The Grenadines Homes Atlantic Resort on completion will boast of unique amenities among which are Pavilion, Galleria, Café, Concierge, Laundry Spa, gym and children Play area, passenger and service lift, swimming pool and 24-hour uninterrupted power supply while all rooms are ensuite and fitted with piped sounds.

 

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Four Feared Dead In Latest Eiye VS Black Axe Cult Clash

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Reports of renewed cult clash in Edo State, between the Eiye and Black Axe confraternity have led to the death of four people.

The rivalry which began on Sunday, (May, 15) evening and spilled into Monday was caused after two persons belonging to the Eiye and Black Axe cult groups got into an argument at a popular bar along Sakponba Road in Benin, the state capital.

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During the argument which turned physical, a member of the Black Axe confraternity was said to have been injured and later rushed to a hospital.

Read: Soldier Arrested After Igbo-Hausa Clash In Abia State

Disappointed in having a rival hurt one of theirs, the opposing group embarked on a revenge mission as friends of the injured Black-Axe member reportedly attacked and killed three members of the opposition group in different locations within the area.

It was discovered that one of the victims, identified as Lawal, was shot dead at close range at Ezoba, along Sokponba Road in Benin.

Lawal’s assailants had also attacked his unnamed younger brother, leaving him with severe machete cuts.

Read: 347 Corpses Buried After Shiites and Soldiers Clash In Kaduna

Confirming the attack, The Police Public Relations Officer, Osifo Abiodun, said, “We did our intervention by deploying our men in the area; we are on a manhunt for those fingered. 

We are very sure that before the end of tomorrow (Tuesday) we will be able to arrest those that have been fingered in the action.”

Abiodun added that the number of casualties from the clash is yet to be ascertained.

Source, TodayNG,

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Mallam El-Ruffai, Umar Jibrilla Bindow, Iara Oshiomoleattends Vintage Redball in London

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Vivian Elabor “Founder” of the Vintage RedBall and team must be patting themselves at the back at the success of their 3rd Annual event. The yearly event supports and raise funds for various charities. The event this year celebrated the lives of our “Fallen Heroes”, remembered the loved ones left behind and emphasised the need to care for them.

The event brought to light the Arm Forces Remembrance Day, launched the Nigerian Emblem and all donations raised went to the Fallen Heroes Foundation. The occasion was graced with the presence of HE Mallam Nasir El-Ruffai (Governor of Kaduna State), HE Umar Jibrilla Bindow (Governor of Adamawa State), HE Mrs Iara Oshimole (First Lady of Edo State), Amanda Mustapha (Founder of the Fallen Heroes FoundationNigeria), Councillor Sade Etti (Mayor of Hackney), Mr Babatunde Loye (Chairman CANUK) and many others.

Written by Hadarah Eventi – PR

Images by Michael Tubes Creation

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Teenage Nanny Who Abducted Her Boss’s Son Arrested In Calabar

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Covenant Bassey, the 18 year-old nanny who kidnapped her boss’s seventeen month-old son from his home in Calabar, Cross River State, has been arrested in Port Harcourt, while trying to sell the child, David Ekpedeme Robinson.

Bassey fled the home of her employer in the Satellite Town area of Calabar on Friday (May, 13) with little David and other valuables and made her way to Port Harcourt with the intent of trading the child for cash.

She was later apprehended by the police.

David’s mum, Mrs. Uche Robinson, confirmed the arrest of Bassey and rescue of her son in a Facebook post.

She wrote:

David has been found halleluyah…….

I want to say a very big thank you to all who showed concern with their prayers,test messages,media post/shares and tags during this hard time of looking for my son.

David and the nanny were found today at Trailerpark onne, where she was trying to sell the baby…

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Source, Facebook

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JAMB To Deliberate On UTME Cut-Off Marks On June 2

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The Joint Admissions and Matriculation Board (JAMB) has announced that it will hold policy meeting and fix cut-off points for all courses for this year’s Unified Tertiary Matriculation Examination (UTME) on June 2.

READ ALSO: JAMB 2015 Cut-Off Marks For Admission Into Universities, Polytechnics, Colleges of Education & Monotechnics

Speaking from Abuja on Monday in a statement, the spokesperson for JAMB, Dr. Fabian Benjamin, said the policy meeting which is to set the tone for the exercise is to be presided by the Honourable Minister of Education, Malam Adamu Adamu.

His words: “This year’s meeting is scheduled to hold on June 2. Nationally accepted cut-off marks would be decided and issued Federal Government guidelines and regulations would be articulated and decision taken; even as it would x-ray the performance of subsequent years to put checks and balances.

“The very important meeting has policy makers, the Heads of all tertiary institutions, the Vice-Chancellors, Rectors, Provost, Registrars and relevant stakeholders like the National Universities Commission (NUC), National Youth Service Corps and others in attendance.

“The Honorable Minister places much important on this assembly and has categorically made it clear that he won’t tolerate a situation where decision reached would be flagrantly disobeyed or not adhered to strictly.

“Some of this decision borders on admissions deadlines and quota system which some institutions has failed to comply with and other sharp practices capable of undermining the entire admission process.

“JAMB commends the Honorable Minister for his effort at sanitizing the sector and ensuring that the lost glory of education are returned and restored, while noting that these efforts would no doubt manifest great results in no distance time.

“JAMB wishes to use this medium to urge the public to follow this process keenly and also note that cut-off points in particular are as usual a minimum score pruning mechanisms and institutions are at liberty to go higher depending on their peculiarities.

“JAMB also commends the Honorable Minister for his efforts so far in ensuring that the lost glory of education are returned.

“The Minister’s insistence on due process and support for the transformation in the Board and the entire educational system will no doubt manifest great results in no distance time.”

 

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Lack Of Money? NYSC May Shelve Batch ‘A’ Stream ‘2’ Corps Members’ Mobilisation To Camp

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Barring any last minute changes, Batch A Stream 2 prospective corps members of the National Youths Service Corps (NYSC), will not converge for orientation programme slated for Friday due to lack of money, the Scheme told the Senate on Monday.

Click here to see the full time table for stream I and II

It would be recalled, orientation programme for the 2016 Stream 2 of Batch A is expected to commence on Friday, in 37 camps across the country.

However, the Director-General, of the Scheme, Brig.-Gen. Sulyman Kazaure, said to the Senate Committee on Sports in Abuja that the money required for the exercise was yet to be provided.

READ ALSO: NYSC To Increase Corps Members’ Allowances Soon – Outgoing DG

According to him, thousands of prospective corps members slated for mobilization on Friday may not be called up due to non availability of fund arising from N13billion shortfall in the NYSC 2016 budget.

Kazuare lamented that the letter he had penned to the Federal Ministry of Youth and Sports, Finance, Budget and the Presidency even before the end of the orientation camp for Batch A, Stream One, as regards to the request for money for the prospective corps members was yet to receive response.

“We are presently at a loss in NYSC now as there is no money for us to mobilise thousands of prospective corps members in the Batch A Stream 2 to camp this Friday.

“This is in spite of efforts made by us to get things done in that direction several weeks ago.

“The problem staring us in the face arose from the N13 billion shortfall we had in the 2016 budget estimate which the agency made strong request for its provision during budget defence,” he said.

Speaking on the matter, the Chairman of the Senate committee, Sen. Obinna Ogba (PDP Ebonyi Central), assured the NYSC that the senate would intervene in the matter.

 “We have listened to you and we are also disturbed by the problem at hand as regards paucity of funds for mobilisation of prospective corps members.

“NYSC is not something to joke with; even if it is through urgent supplementary budget provisions, the problem must be quickly tackled by the Federal Government,” he said.

 

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PDP Elects Walid Jibrin As BoT Chairman, Madueke As Secretary

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The Board of Trustees (BoT) of the Peoples Democratic Party has elected Senator Walid Jibril as its substantive Chairman.

This is even as the party elected the former Minister of the Foreign Affairs, Chief Ojo Maduekwe as the new Secretary of the BoT.

READ ALSO: PDP Chairman, Sheriff, Tenders Apology To Jerry Gana, Other Party Leaders

Walid was the party’s acting national secretary before his appointment.

The meeting was held at the PDP national secretariat in Abuja, on Monday.

It was gathered that even though the national chairman, Senator Ali Modu Sheriff, tried to bury the hatchet with the aggrieved BoT members, some of them were still not satisfied and may be trying to conclude the election of new leadership before asserting themselves.

READ ALSO: Crisis Brews In PDP As Jerry Gana, Others ‘Fire’ Party Chairman | Sheriff Reacts

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p style=”text-align: justify”>According to reports, one of their grievances is an alleged move by the Sheriff- led NWC to amend the constitution of the party in order to muzzle and control the BOT and thereby subject it to the whims and caprices of the NWC”.

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CCT Trial: Appeal Court Fixes May 31 To Hear Saraki’s Appeal

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A Court of Appeal sitting in Abuja has on Monday scheduled May 31 for the hearing of an appeal by the Senate President, Bukola Saraki, challenging the jurisdiction of the Code of Conduct Tribunal to try him on charges, including false and anticipatory asset declaration.

READ ALSO: Saraki Loses Application Seeking CCT Judge’s Disqualification

Saraki, in his appeal, is challenging a March 24, 2016 ruling of the Danladi Umar-led CCT dismissing his application challenging the jurisdiction of the tribunal to hear the charges against him.

During Monday’s resumed trial, a five-man bench of the appeal court led by Justice Abdul Aboki, fixed May 31 for the hearing of both the appeal and the cross-appeal following a request by Saraki’s lawyer, Chief Kanu Agabi (SAN), for a 14-day adjournment.

READ ALSO: Saraki Files Fresh Application To Stop CCT Chairman From His Trial

Saraki’s earlier appeal aimed at ending his trial was dismissed by the Supreme Court in its judgment delivered on February 5, 2016, ordering him to submit himself for trial.

READ ALSO: Judge Hands Off From Saraki’s CCT Case, ‘Go And Face Your Corruption Trial’

Meanwhile, Saraki’s trial before the CCT resumes today with his team of lawyers expected to resume their cross-examination of the first prosecution witness, Michael Wetkas.

 

 

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‘Struggling’ Naira Strengthens Against Dollar At Parallel Market

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The Nigerian currency, Naira, on Monday made a leap by 4.4 per cent against the United States dollar at the parallel market, gaining N16 from its Friday rate.

The local currency, which has experienced umpteen struggles stood at N345 to a dollar from N361 it traded on Friday.

READ ALSO: Naira Plunges To 360 As Dollar Demand Soars High At Parallel Market

This is just as the local currency exchanged at N385 and N380 for Pounds Sterling and the Euro, respectively, at the Monday’s trading.

While the official Central Bank of Nigeria (CBN) rate remained at N197 to the dollar.

Speaking to the News Agency of Nigeria (NAN), some traders said that the money market had started recovering from the shock of Wednesday’s increase in the pump price of petrol from N86.50 to N145 per litre, which saw a “free fall’’ of the naira at the market.

Meanwhile, reports had emerged that the parallel market exchange rate rose to N360 per dollar on the average on Friday following rumours that the CBN had officially devalued the Naira to N290 per dollar.

The apex bank, however debunked this rumour, leading to appreciation of the Naira on Saturday to N350 per dollar.

According to President, Association of Bureaux De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, the volatility was driven by speculation.

“When people hear about any government policy they make interpretations and take position. The report by Sahara Reporters triggered the depreciation on Friday but the denial by CBN calmed the market. Today there is a report that the CBN will on May 24 make a pronouncement on its foreign exchange policy and this caused a sudden lull in trading hence the appreciation in the later part of today.”

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Petrol Subsidy Reform: Doing the Right Thing So Wrongly! – Victoria Ohaeri

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At last, Nigeria has bade farewell to subsidy on petrol, also known as premium motor spirit, ending years of extortionately-high subsidy bills. Nigeria spent N2.19 trillion ($13.6 billion) on fuel subsidy in 2011. This sum was 900 percent more than the N245 billion budgeted for subsidy the same year, and nearly ten times the annual budget for education in 2011, which was then N120 billion. In 2013 and 2014, subsidy costs stayed high at N1.43 trillion. As of May 2016, petrol subsidy claims resumed, snailing into billions of naira after declining oil prices at the international market ushered in a brief period of over-recovery. With this heavy burden of subsidy payments finally lifted off its shoulders, officials heaved a sigh of relief. Doubts, however, linger whether the Nigerian government has done the right thing.

The views and opinions expressed here are those of Victoria Ohaeri and do not necessarily reflect the official policy or position of 360Nobs.com.

Without mincing words, the Buhari-led Federal Government (FG) could have handled the May 11, 2016 fuel subsidy removal (FSR) quite differently. The same faulty steps of 2012 were repeated, but this time, with greater proportions of insensitivity and dishonesty. The 2012 subsidy removal policy was, by far, better managed: it was preceded by consultations and meaningful engagement with a broad spectrum of stakeholders. In addition, there was a social protection plan in place in the form of wage increases. This was later supported with the institution of a safety net programme (Subsidy Reinvestment Empowerment-Programme (SURE-P) which specifically targeted women and the youth. Despite all of these laudable steps, a wave of resistance against the reforms swept across the country. Sexily branded as OCCUPY NIGERIA, Nigerians screamed, wailed and protested for several days. There were casualties and needless deaths!

The trademark of suddenness heralding the reform of energy subsidies appears to have been elevated to state policy. What probably differentiates the 2012 and the 2016 all-of-a-sudden announcement of subsidy cut is the pattern of public indignation and responses to them. In 2012, public opprobrium was widespread, intense, freely expressed, without inhibitions or fear of repression. In 2016, public outrage was for the most part, repressed, and two main reasons account for this. First, citizens now live in fright of the state, fearing indiscriminate arrests and selective prosecution by security agencies, which have now become the norm in the country. Vocal critics of the government have been hounded by state security operatives, and detained for long periods, pending indeterminately floating investigations, while court orders for their release have been repeatedly flouted.

Second, thanks to the growing shifts in public opinion, the middle class, including the civil society, are seemingly unflustered by the dramatic changes in fuel price. As I wrote elsewhere, the shifts in public opinion could be attributed to increasing information about the colossal levels of corruption riddling the subsidy administration process. Knowledge has also increased about how energy subsidies benefit low-income households a lot less; impose deep cuts on national budgets; discourage investments in renewable energy development; increase atmospheric greenhouse gas concentrations while increasing countries’ vulnerability to the volatility of energy prices in the international market.

There are strong arguments for and against the removal of fuel subsidy. The arguments on both sides are strong and valid. What has been lacking is the political will to take an economically-sensible position, and firmly stand by it, from design through implementation. I have in the past, argued that petrol-fuel subsidies are notoriously inefficient and withdrawing them has many advantages. It has never been appropriately budgeted for, and is structured in a way that allows corruption to flourish. Not only that, the Nigerian government has consistently demonstrated brazen incapacity to manage petrol subsidies efficiently and transparently. That alone attracts a justification for the internment of the petrol subsidy scheme. While removing subsidy may seem tilted in the right direction, the quality of public communication and the manner of execution can mar what should have been an ideal move.

It is, therefore, not surprising to see many Nigerians shudder at the approach adopted for removing petrol subsidy in 2016. The presidency had on several occasions denied the existence of subsidy on petroleum products. This stance later changed to outright support for fuel subsidy, with numerous executive assurances to preserve the policy in the interest of millions of poor Nigerians. On May 11, without an announcement, without warning, without any prior meaningful engagement, and without safety nets for the rising number of people living in poverty, the government brusquely removed fuel subsidy on May 11, 2016, pushing up fuel prices from N86.50 to N145. Automatically, transportation and food costs skyrocketed, pushing many deeper into poverty and want. In consequence, labour strikes and organised protest actions are imminent.

As prices soar, and poverty deepens, removing petrol subsidies without a proper social protection plan in place to mitigate adverse impacts of energy subsidy reform, is politically and morally, inappropriate. Empirical evidence shows that subsidy reform triggers inflation, stirring increases in energy prices as we have already seen. When life gets so expensive due to higher energy prices, it significantly reduces households’ effective incomes as a greater portion of expenditure will be spent on buying petroleum products or paying for other goods like food whose costs have risen because of inflation. Women are already worse off than men in many areas such as education and income and security. Without adequate preparation and compensation, reform can entrench existing inequalities.

Notwithstanding the gaps in the latest subsidy reform arrangements, the good news is that opportunities for correcting the missteps still abound. Reforming and strengthening recently-disbanded safety net programmes like SURE-P, or establishing a similarly-crafted social programme would allow the government to ensure subsidy reforms provide more meaningful benefits to the poor. As appalling as the gaps in SURE-P may seem, it remains the best energy subsidy savings-funded social protection initiative in Nigeria’s history. SURE-P’s health-based incentives, particularly the conditional cash transfer scheme for pregnant women in rural areas, are still globally celebrated as one of the finest examples of how to use energy subsidy savings to promote gender equality, improve incomes and healthcare for rural women.

According to an independent evaluation in Jigawa State that has the highest record of teenage childbirths, improvements made between 2009 and 2014 as a result of the Partnership for Transforming Health Systems Phase II and other community empowerment efforts like the SURE-P’s Maternal and Child Health Programme showed that the percentage of pregnant women making at least four antenatal care (ANC) visits rose from 7.5 percent at 2009 baseline to 49.2 percent in 2014. The proportion of births attended by skilled birth attendants in the state also moved up to 17.9 percent in 2014 compared to 5.1 percent in 2009. The proportion of births that take place in a public health facility, which was at 4.5 percent at baseline increased to 18.3 percent in 2014. The transformative impact and the superlative outcomes SURE-P yielded for pregnant women in Northern Nigeria remains second to none, till date.

Therefore, revamping existing social protection programmes into a better targeted and more efficient one can help address vulnerabilities, avoid duplications, while delivering greater benefits to poorer and marginalised citizens. It is not enough to pay N5,000 monthly to extremely poor Nigerians, without first of all developing a database of the poor and vulnerable. Absent a transparently-developed database that either builds on, or is combined with data from other existing databases, any social welfare programme implemented hastily just to douse opposition to the reforms, will lend itself to the same leakages that marred previous welfare schemes. In-kind transfers, e.g. free or low cost food, water, transport services, education, healthcare, assets etc; or cash transfers: conditional or unconditional; or massive investments in other clean fuels, e.g. distribution of cleaner cookstoves, solar power panels, are some of the notable social protection schemes that have been used in other parts of the world to provide an effective mitigation mechanism against any adverse social impact of any fuel subsidy reform.

Importantly, honesty, consistency and transparency are also key to ensuring that the corrective steps gain traction, and inspire public confidence. For instance, the 2016 budget allocated N500B for soon-to-be-rolled-out social welfare initiatives. The minister of state for Petroleum Resources, Dr. Ibe Kachikwu’s riposte advancing that this budget provision was set aside for post-subsidy palliatives, can be faulted on several grounds. As (All Progressives Congress) APC manifesto makes clear, the proposed social welfare programmes are in fulfilment of a separate election promise that is not conditioned upon the removal of subsidy. It is not difficult to detect that Kachikwu’s linkage of the budget provision to subsidy reform is a poorly-constructed afterthought. In the same vein, Vice President Osinbajo’s explanation that the latest reform is merely a hike in fuel price, and not subsidy removal, is also far from being true. Dishonest and contradictory statements by officials such as these, have strong potentials to derail the reform process, and arouse both policy inconsistencies and investment uncertainty.

Having said that, industry watchdogs like Spaces for Change remain cautiously optimistic, and hope that the removal of subsidy will eventually lead to total deregulation of the downstream sector. The red caution flags stem from the government’s poor communication strategy, official price fixing, the petroleum products equalisation fund and other institutional barriers to effective deregulation that are still firmly in place, casting doubts on the sustainability of the recent reforms. And finally, may we also begin to see honest and credible mechanisms for deepening consultation, participation, and dissemination of information with the civil societies and the public at large. With a sense of urgency, Nigerians are anticipating the concrete steps that will be taken to mitigate social impact of subsidy reforms.

Victoria Ohaeri is the executive director of Spaces for Change. She can be reached on victoria@spacesforchange.com.

The views and opinions expressed here are those of the author and do not necessarily reflect the official policy or position of 360Nobs.com.

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18 Year-Old Nanny In Calabar Kidnaps Her Boss’s One Year-Old Son

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An 18 year-old nanny named, Covenant Bassey, has kidnapped her boss’s 17 month-old son, David, after working with the family for less than six months.

The child’s absence was noticed by his father, Ekpedeme, who said he had left his son in Bassey’s care and had gone out to pick his other children, a set of twins, from school.

When he returned, he couldn’t find his third son or the nanny.

Ekpedeme stated while reporting the matter to police officials, “When I got home on Friday around 2pm, I realized that the nanny had absconded with my one and five-month-old baby, David. The girl is just around 18 years”. 

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David and Bassey

The police arrested Bassey’s mother and some other people related to the nanny but they have all claimed not to know her whereabouts.

Read:Who Poisons Children? Sixty Students In An All Girls School Poisoned In Afghanistan

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Ekpedeme said Bassey used to have a phone which they gave her few weeks after she was employed in January, but the phone became damaged a week after she resumed work.

The father-of-three said, “She is not an illiterate. She finished secondary school. We believe that the police are working to rescue our boy. We have reported to the police, and they are on her trail.”

The child’s mother also informed authorities she became aware that certain properties had gone missing.

She said they had employed Bassey as a nanny on January 2, 2016 and up until abducting their son, the 18 year-old had been nice and good to David who was in her care.

Read: Indian Woman Gives Birth To First Child At 72

She told police officials,“It was when my husband returned from our twins’ school that he noticed the nanny had fled. Nobody saw her when she left.

But we observed that she left with some property in the house. She left with clothes and shoes. But she did not go with most of her things. The matter is with the police.”

The Cross River State Police Public Relations Officer, John Eluu, said, “The case was reported by the father of the boy and the police are still investigating. We cannot give many details for now. The police are on their trail.”

 

Source, YNaija

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Petrol Price Hike: Reps In Rowdy Session As Lawmakers Prevent Kachikwu Entry Into The Chamber

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There are indications of a rowdy session as opinions were bitterly divided at the House of Representatives on Monday, following the scheduled appearance of Minister of State for Petroleum, Ibe Kachikwu, as lawmakers dispute over whether the minister should be allowed to enter into the chamber or not.

Upon Kachikwu’s arrival at the lower chamber’s special plenary on fuel price hike and removal of fuel subsidy, the Speaker of the House, Yakubu Dogara read the proceedings of the previous and moved for the admittance of the NNPC Boss into the chamber but No! No!! No!!! rented the air.

READ ALSO: Nigerians Bask In The Anxiety Of ‘Food Stockpile’ Ahead Of NLC Nationwide Strike

It was gathered that while the Leader of the House, Femi Gbajabiamila, was trying to move a motion to let Mr. Kachikwu in, several lawmakers – mostly of the PDP fold – were spotted to have made a resounding ‘nay’ in utter cacophonies.

Dogara was then prompted to put the matter up for voice vote.

When the Speaker of the House asked if the lawmakers should allow the minister to come him, majority of them thundered: “No! No!”

READ ALSO: Fuel Subsidy Removal: NLC Vows To Shut Down Economy Over Petrol Price Increment

However, Dogara said the “ayes” have it, nonetheless.

Even with the Speaker’s final decision, the lawmakers refused to be intimidated, as they continued with their chants.

READ ALSO: Revert To N86.50 Now Or We Will Shut Down Nigeria – NLC Gives FG 96-Hour Ultimatum

All of a sudden, frayed tempers disappeared and the House then demanded that pressmen vacate the premises, leaving only members in the plenary to continue with what they described as “executive session.”

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A Nigerian Kicks Off 17-Day Marathon To Raise Awareness On Stevens-Johnson Syndrome

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A dogged Nigerian, Fadeshola Adedayo, on Friday flagged off a 17-day marathon from Abuja to Lagos to draw attention to the health condition known as Stevens–Johnson syndrome (SJS).

The 17-day marathon, which was organised by the Federal Ministries of Health and Information and Culture in partnership with Adedayo, whose brother, Dr Adeyosola Adedayo, died in 2012 due to an adverse drug reaction to medications he took after sustaining a needlestick injury while managing a patient living with HIV, had commenced on 13th of May 2016.

Stevens–Johnson syndrome, a form of toxic epidermal necrolysis, is a life-threatening skin condition, in which cell death causes the epidermis to separate from the dermis. The syndrome is thought to be a hypersensitivity complex that affects the skin and the mucous membranes. The most well-known causes are certain medications (such as lamotrigine), but it can also be due to infections, or more rarely, cancers. (WIKIPEDIA)

Following the demise of his older brother to the condition, Mr. Adebayo will make stopovers as he races along, sensitising as many people as possible about the syndrome and the need to avoid self medication.

Speaking after the ceremonial commencement of the marathon the Minister of Health, Isaac Adewole, said:

“We have to find a means to communicate with Nigerians,so they should all be aware of this dangerous disease and it is the sole business of government to enlighten the society by trying to increase their awareness, knowledge and to improve their quality way of life.”

In a statement entitled: “Stevens–Johnson syndrome in Nigeria: Setting the record straight”, the Minister encouraged Nigerians to always report every case of adverse drug reactions through the Pharmacovigilance unit of the National Agency for Food and Drug Administration and Control (NAFDAC).

Meanwhile, Mr, Falodun, a Consultant at the National Hospital, Abuja, delivered a lecture on SJS, stressing that it is a rare disease that could occur following drug use.

Falodun also gave some ways by which Stevens–Johnson syndrome (SJS) could be managed by hospitals:

  • Cessation of suspected drugs
  • Hospital Admission: Preferably in burns unit/intensive care
  • Nutritional and Fluid replacement
  • Temperature maintenance

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Source: New feed2

Nigerian Troops Capture Militants Suspected To Have Masterminded Chevron Attacks

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The Defence Headquarters (DHQ) has announced the apprehension of suspected members of the resurgent militant group, the Niger Delta Avengers (NDA) who were allegedly responsible for the recent attacks at the Chevron oil facilities.

READ ALSO: Battling Niger Delta Militants With Soldiers Could End In Disaster – UK Warns Buhari

The Director of Defence Information (DDI), Brig-Gen. Rabe Abubakar, made the disclosure known on Sunday, following his umpteen vows to apprehend the perpetrators.

He said: “This is to confirm the arrest of some suspected members of Niger Delta Avengers.   Investigation is currently on going.”

Abubakar also assured that the “military will continue to do its best to guard strategic facilities and provide security to lives and property”.

The Brigadier General mentioned that the arrested suspects were behind the recent attacks at the Chevron oil facilities.

READ ALSO: Militants Give Oil Firms 2-Week Ultimatum To Vacate Niger Delta

The latest arrest, which is the first since the new group emerged, followed recent attacks on oil facilities that have hit production, in the country.

Also speaking on Monday in corroboration, a military source told AFP that “we made some arrests over the weekend. They were picked up around scenes of recent attacks in the Niger delta,”

 “It will be pre-emptive at this stage to conclude that the suspects are the militants that bombed the oil pipelines and installations until after investigation,” the source added.

The group, Niger Delta Avengers (NDA), have claimed responsibility for recent attacks on an offshore facility operated by US energy group Chevron and the Anglo-Dutch oil giant Shell.

READ ALSO: Nigerian Army Threatens To Crush Niger Delta Militants

The NDA has expressed its clamour for a sovereign state of Niger Delta.

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Source: New feed2

PDP Chairman, Sheriff, Tenders Apology To Jerry Gana, Other Party Leaders

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The Acting National Chairman of the Peoples Democratic Party (PDP) Ali Modu Sheriff, has apologised to some of the top echelons of the party over statements credited to him by his aides.

The embattled Sheriff tendered his apology in Jalingo, the Taraba State capital on Sunday, while briefing pressmen.

He said: “As a well cultured and astute politician, I would never make any comment that would ridicule the party.”

Last week, a former Minister of Information and founding member of the PDP, Jerry Gana, had led a group of other leading members to announce the takeover of the party from Mr. Sheriff.

Speaking after the meeting which was co-chaired by a former Deputy President of the Senate, Ibrahim Mantu, a former Minister of Education, Tunde Adeniran, and media mogul, Raymond Dokpesi, on Thursday at the Nicon Luxury Hotel in Abuja, Gana, in a statement released rejected the decision of the party’s National Executive Committee, NEC, to extend the tenure of Mr. Sheriff to May 21, 2016.

READ ALSO: Crisis Brews In PDP As Jerry Gana, Others ‘Fire’ Party Chairman | Sheriff Reacts

The tenure, which the group alleged came to an end on March 24, 2016.

Reacting swiftly, while speaking to reporters, at the party’s national secretariat in Abuja, an aide to Mr. Sheriff, Inuwa Bwala said the Jerry Gana group was out “to cause mischief”.

 “Unfortunately, among such groups are self-styled elders and stakeholders led by Professor Jerry Gana. I have seen him sweating on television, playing with language but at the end of the day saying nothing.

“I want to specifically say we kept sealed lips about some of the activities of this man believing that we could still find a rendezvous at which we could work together for the progress of the PDP. I must say, and there are witnesses that this is one character that attempts to play a role in every government since the time of the military,” Mr. Bwala said.

Sheriff, however, said it was not in his character to join issues with highly respected elders of the party.

While addressing journalists in Jalingo on Sunday, he denied ever authorising his aides or political associates to react to issues raised by aggrieved elders of the party.

He, therefore, urged all aggrieved members to bury the hatchet and join hands with the present leadership to rebuild the party and restore the confidence of Nigerians in it.

“Under our leadership and the support and encouragement of stakeholders and supporters, PDP will definitely bounce back in 2019,” Mr. Sheriff said.

Since the emergence of Senator Sheriff as the party’s national chairman, the Party’s fold has been bitterly divided with the group, ‘Concerned PDP Stakeholders’ led by Professor Jerry Gana setting up a parallel body to run the affairs of the party after the expiration of the tenure of the Ali Modu Modu Sheriff on May 21.

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Source: New feed2

Naira Plunges To 360 As Dollar Demand Soars High At Parallel Market

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The Nigerian currency, Naira, depreciated further on Friday as it traded at N360 to the United States dollar at the parallel market.

This is just as the demand for the dollars by fuel importers increased.

READ ALSO: Nigerians Bask In The Anxiety Of ‘Food Stockpile’ Ahead Of NLC Nationwide Strike

The local currency stood at N341 at the unofficial market on Thursday, a day after the Federal Government announced the removal of fuel subsidy and a new petrol price of N145 per litre.

Speaking on the matter, the President, Association of Bureau De Change Operators of Nigeria, Alhaji Aminu Gwadabe, said:

“More speculators are taking a position in the market, causing dollar scarcity and fall in the value of the naira. There is the need for intervention from the Central Bank of Nigeria. If not, the speculation will continue and the currency may fall to 380.”

In a related development, some birds close to the polity squealed that the Central Bank of Nigeria may have secretly devalued the Naira.

Reacting to the development when contacted, the spokesperson, CBN, Mr. Isaac Okoroafor, said it was not true that the Naira had been devalued.

READ ALSO: Revert To N86.50 Now Or We Will Shut Down Nigeria – NLC Gives FG 96-Hour Ultimatum

Meanwhile, financial experts and analysts have attributed the drop in the Naira value to the demand and pressure from buyers; the announcement by the Apex Bank that fuel marketers should obtain forex from secondary sources and the hoarding of the dollar.

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Source: New feed2

Battling Niger Delta Militants With Soldiers Could End In Disaster – UK Warns Buhari

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In the light of the foregoing attacks on pipelines and other oil and gas facilities in the Niger Delta region of Nigeria, the British Foreign Minister, Philip Hammond has cautioned the President Muhammadu Buhari-led Federal Government against using the Army to fight militancy in that region.

READ ALSO: Nigerian Army Threatens To Crush Niger Delta Militants

Hammod, who made this known while addressing reporters in Abuja, said the use of Army to address the grievance in the Niger Delta region could end in disaster.

He said, “It’s obviously a major concern. The idea that your answer is by moving big chunks of the Nigerian army to the Delta simply doesn’t work,” adding that the army did not have the capacity while fighting Boko Haram jihadists in the north.

“It won’t deal with the underlying issues.” “Buhari has got to show as a president from the north that he is not ignoring the Delta, that he is engaging with the challenges in the Delta,”

It would be recalled, a group, Niger Delta Avengers (NDA), which has claimed responsibility for string of attacks on pipelines, has warned oil firms to leave the region within two weeks.

READ ALSO: Militants Give Oil Firms 2-Week Ultimatum To Vacate Niger Delta

This is just as NDU said it is fighting for independence for the Delta, adding that it wants a greater share of oil revenues and an end to oil pollution.

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Source: New feed2

Nigeria To Begin Implementing New Aviation Rules From July 1 – NCAA

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The Nigerian Civil Aviation Authority, NCAA, on Sunday said the new Nigeria Civil Aviation Regulations, Nig.CARs, promulgated in December 2015, would take effect from July 1.

This is contained in a statement made by the agency’s General Manager, Public Relations, Sam Adurogboye, also made available to the News Agency of Nigeria.

The statement said the announcement was contained in a Circular Ref: NCAA/DG/AOL/21/16/01 sent to all Airline Operators in April.

According to the statement, while operators are in possession of the copies of the regulations, the interregnum between April and the commencement date is a permissible transitional period.

It said during the time, stakeholders were expected to acquaint themselves with the contents therein for seamless implementation.

“The process of review was set in motion to align Nig.CARs with recent International Civil Aviation Organisations (ICAO) amendments and industry observations received by the authority.

“In other words, the reviewed Nig.CARs is to ensure a completion of the Annexes.

“Provisions have therefore been made for economic and consumer protection regulations that were hitherto not incorporated in the 2009 edition.

 

“In addition, the NCAA decided on the review to standardise the operational procedures, implementation and enforcement in the industry.

“All these have been done in conformity with the Standards and Recommended Practices (SARPs) as contained in the Annexes to the Chicago Convention,” the statement said.

It therefore, enjoined airline operators and other stakeholders to ensure total and sustained adherence to the reviewed regulations, adding that any breach would be met with the stipulated sanctions.

The Nig.CARs 2015 has 19 parts comprising General Policies and Definitions, Personnel Licensing, Aviation Training Organisations, Registration and Marketing, Airworthiness and Approved Maintenance Organisations.

It also has Instrument and Equipment, Operation, Air Operator Certification and Administration and Commercial Air Transport by Foreign Air Carrier within Nigeria.

Others are Commercial Aircraft Operations used for Specialised Services (Aerial Works), Aerodrome Regulations; Air Navigation Services, Carriage of Dangerous Goods by Air, Environmental Protection Regulations, Aviation Security and Offences.

(NAN)

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Source: New feed2

Nigerians Bask In The Anxiety Of ‘Food Stockpile’ Ahead Of NLC Nationwide Strike

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The Nigerian Labour Congress (NLC) in collaboration with the Trade Union Congress (TUC) have vowed to do all it can to shut down the economy of the country as from Wednesday morning if the Federal Government does not revert petrol price to N86.50.

READ ALSO: Fuel Subsidy Removal: NLC Vows To Shut Down Economy Over Petrol Price Increment

Speaking to pressmen, after their meeting at the Labour House, Abuja on Saturday, the NLC President, Ayuba Wabba, who is currently not in an amiable mood with the federal government, said that if the government fails to accede to their demands by midnight Tuesday, the workers would have no option than to call out their members on an indefinite strike.

Wabba added:  “Nigerians are advised to stock sufficient food items that will last for a while, for the prosecution of the current struggle against neo-liberal agenda in the country.”

In a swift adherence to the directive of the organised labour, a cross section of Nigerians in different part of the country have started stockpiling food ahead of the impending industrial action.

READ ALSO: Oil Workers Back New Fuel Price, Demand N90,000 As Minimum Wage

The Punch gathered that a businesswoman in Osogbo, Osun State, Mrs. Mayowa Bamisaiye, was in support of the looming nationwide strike.

She said, ‘‘I do not agree with the new increment and I expected the labour unions to resist it. I have bought some food and I will buy more that will be enough to cater for my family during the strike. I also intend to withdraw some money to cater for some domestic needs as the strike lasts.’’

Also speaking, a human resources officer in Ibadan, Oyo State, Mr. Paul Sodeinde, said:

‘‘I have enough fuel for my generator. There is food in the house and water. I am ready to endure the strike for as long as it lasts.’’

In support of the strike, a customer service officer, Bolade Osagie, said:

“We expect the NLC to go through the whole hog like they did in 2012. In order to prepare for next week, I have started to get as much foodstuffs at home as possible. Even though I do not expect this strike to drag on before the Federal Government yields to the demands of the labour unions, I won’t be so unwise as not to get some food from the market. I will also try to get some more fuel for the generator too.”

Corroborating with the others, a civil engineer, Shade Oguntuase, said she was going to do all her shopping on Sunday (today).

She said, “I’ll visit the market on Sunday to get some foodstuffs with the NLC threatening to shut down the country. I have kids at home to feed. I don’t think I want to be caught in a tight corner of not having enough food for the family, should the strike go on for days.”

In the same vein, a businesswoman at Alade Market, Lagos, Mrs. Atinuke Joda, said she knew that labour was going to fight the new petrol price.

“Immediately the price of fuel was increased, I knew labour would resist.  After church on Sunday, I will buy enough foodstuffs,” she said.

Meanwhile, a coalition of twenty civil society organizations have given votes of confidence to the deregulation of Nigeria’s downstream petroleum sector, thereby warning the organised labour to refrain from the proposed nationwide strike.

READ ALSO: Revert To N86.50 Now Or We Will Shut Down Nigeria – NLC Gives FG 96-Hour Ultimatum

This is contained in a joint statement issued on Sunday for the coalition by the Executive Director of Conscience Nigeria, Comrade Tosin Adeyanju.

The statement reads, “No nation can move forward without liberalization or deregulation of its critical economy sector like ours as it was done in the telecom sector, about 80% of our countries revenue comes from oil proceed and as the global economy meltdown continue there is need for this to take place if we must be taken seriously among committee of nations. Therefore, the step taking by the Minister of state to deregulate this critical sector is the best as at this material time.

“We All know the implication that will arise as a result of this sudden changes, however we must endure this face in other for our country to survive this present economy realities that is very obvious.

“We equally appeal on the Nigerian Labour Congress and our other Civil Society colleagues to shed the proposed nationwide strike and engage the government on the need to create immediate palliatives to Cushing the effect of this policy instead of worsening the already bad economy state of the country. If our country is shut down as proposed, billions of naira will be lost and the country will suffer for it in the long run.

“We proposed immediate intervention by government in areas of introduction of subsidized transportation system across the country to ameliorate the sudden hike of transportation across the country. We equally appeal to government to immediately begin the implementation of the budget and immediate engagement of all stakeholders across the country to inform them about the benefit of deregulation and its benefit to Nigerian people.

“Lastly, we all must be conscious of the fact that we have no other country than Nigeria and we all must strive to make sure that the country works for the good of all and the present leadership of the country has demonstrate that by its action thus far. As responsible citizen we all must support the administration effort in stamping out corruption from our nation fabric.”

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Source: New feed2

My Deregulation And Oil Subsidy Conundrum – Femi Gbajabiamila

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Over the years, I have been vociferous and faithful in my near fanatic opposition to the deregulation of the downstream oil sector if what it meant was the removal of fuel subsidy. If deregulation could be achieved without subsidy removal, I was on board. I argued passionately against its removal at a time when most economic experts, talking heads and commentators were for it and when it was fashionable to support it. I have attached a copy of a rather caustic and scathing article and letter I wrote in 2010 to then Acting President Jonathan. I was at that time in the opposition and the then Leader of the Action Congress in parliament. I will restate my position at the time.

I felt there was something wrong with the notion that a country blessed with a natural resource should lack that resource or any of its by products. I believed that the citizens should have a marked advantage in the utility and consumption of that product over citizens of other countries not so blessed, and to that extent the pricing of that product found in the country’s backyard should be different from international pricing.

I gave examples such as the cost of tea in China, coffee in Brazil or coal in Sunderland. I felt as I still do, that there was something intrinsically whopped to have a natural resource in one’s backyard and at same time import same for consumption. It doesn’t make sense to me. I argued then and I still argue that if subsidy is to be removed, we must put the cart before the horse and get our refineries working so as not to import our own God given resource. Then perhaps after that we could entertain a debate on subsidy removal. Even then many of us would still have argued for subsidising even the production as opposed to its importation

During the 2012 subsidy debate, I argued vociferously and with a strong conviction that the idea of palliatives was irrelevant as the palliative measures proposed by the government then such as child care, transportation etc were things that belonged to citizens as of right and which government under Chapter 2 of the constitution were obligated to provide and therefore government was in no way doing Nigerians a favour, as you cannot give me something that’s already mine or at least should be and call it a palliative.

I further argued that subsidy connoted something negative only in Nigeria and not in other countries that subsidised one thing or the other for the benefit of citizens. There is and has been, for years, subsidy for transportation in the UK, agricultural subsidy in the US, and oil is subsidised in practically all major oil producing countries, and we don’t hear as much as a whimper. Why then Nigeria? Proponents argued because it is riddled with fraud and corruption and benefits only one percent of the populace. I bellowed back, well then why don’t you block the loopholes for the perpetration of the fraud and corruption? Why must the innocent 99 percent and poor masses suffer or be penalised for the inefficiency of government and the corruption of a few. Is it possible to argue that a government with all the might and power at its disposal cannot deal with this one percent? I couldn’t get a reasonable answer.

For me every spirited attempt to justify a removal of subsidy failed the common sense test or question of why Nigeria the fifth or sixth largest producer of crude (and the finest one at that) would be importing what it produced. There was definitely something nonsensical about such a proposition.

This was the position I held on to steadfastly over the years. It is now 2016 and if my position has changed to an extent, I owe It to my primary and larger constituents and indeed all Nigerians an explanation for the change.

I was at the Presidential Villa on Wednesday May 11th where a stakeholders meeting involving the leadership of the National Assembly, governors, Labour leadership, minister of state for Petroleum, ministers of Information and that of labour held. The meeting was chaired by the Vice President. It was a consultative meeting ostensibly to get the buy in of stakeholders. I was pumped and ready to challenge any proposition for an increase in pump price and my position was known to most people I spoke with.

However by the time the Honourable minister for petroleum finished his doomsday prognosis and gave a graphic account supported with facts and figures of where we are and where we would be in a matter of months if we did not alter the approach or fundamentally change the status quo, I had no option but to capitulate. It was the first time I had been confronted with such a gloomy picture. I found myself between a rock and a hard place. The facts were incontrovertible and the prognosis and consequences dire.

We were in an economic cul-de-sac and the country was spiraling down fast due to no fault of this present administration. In fact it was clear that any responsible administration needed to apply the brakes, bring this to a screeching and painful halt and at least for now remove subsidy and deregulate. It was a short term remedy which, all things being equal, would produce a long term solution when the economy would have recalibrated. I struggled with my inner angel and knew this was the only way out.

It was made abundantly clear to all seated that in two months there would be no federal allocation to states and no state would be able to pay salaries, including the buoyant ones. The Nigerian nation was on tenterhooks. That’s how bad a picture it was. Indeed I was the first to ask questions after the presentation still looking for a way out when I knew there was none.

Whilst I still believe in the principles I held on to so passionately years ago, including the need to bring any deregulation exercise in conformity with the law and the constitution, I believe this is such a time when we should look at the times we are in and our practical situation as a country. I believe (without sounding Trumpist) that Nigeria will be great again but we must rejig and reboot our economy and take another look at the subsidy regime. Many will say, but why did some of us kick in 2012 and if it was not good then why is it good now?

It’s a great question and they are right, but again the times are different. In 2012, we were earning a lot of money from oil. Oil was selling at about 100 dollars or thereabout. We had foreign exchange and petro dollars to continue with subsidy. Now things are different. The economy is comatose and Nigeria is on life support. Oil is selling at below 40 dollars and the currency (dollar) needed to purchase the refined petrol is no longer available.

I want to plead with my constituents and all Nigerians to work with government. You are the most important stakeholders, never mind those of us that gathered around a long table and cushy chairs in the Vice President’s Office on Wednesday May 11th to take this far reaching decision. We did so only in a representative capacity. I urge that you please give this government the benefit of doubt and lets take a chance on whether or not the analogy and parallel often drawn by proponents of deregulation in the oil industry to telecommunications industry may end up a truism and that the price of fuel in a laissez-faire, free market will come crashing in months. Lets consider it a temporary sacrifice for the greater good, with the hope that as promised we will be better off in the long term. This problem is not peculiar to Nigeria. It is instructive that other oil producing countries e.g. Bahrain, have been hit hard by the crash in oil price and are towing the same line and reviewing their subsidy policies.

With this new development I intend to fight with all I have for a review of the minimum wage of all workers in Nigeria. Our country was built on social justice and I cannot, no matter the realities, accept a situation where the cost of living will be increased without a corresponding increase in wages. The sacrifices that we need to make must be comprehensive. Indeed I believe the “wealthy” must not only pay their fair share of taxes, if need be, there must be an upward review of taxes paid by the highest income earners to enable government review the wages of those on the lower rung. It is time to be our brothers’ keepers.

I know this is a painful road to take and I hate that I have to flip flop on this one, but isn’t what they say “no pain, no gain”.

Femi Gbajabiamila is Leader of Nigeria’s House of Representatives, Abuja; femigbaja1@gmail.com.

The views and opinions expressed here are those of the author and do not necessarily reflect the official policy or position of 360Nobs.com.

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Source: New feed2

N4.8 Billion Fraud: EFCC Seals Off N860m Mansion From Ex-Air Force Chief

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In the light of the foregoing investigation into the alleged diversion of over N4.8bn from Nigerian Air Force accounts, there are indications that the Economic and Financial Crimes Commission (EFCC) has sealed off a mansion allegedly belonging to a former Chief of Air Staff, Air Marshal Mohammed Umar (rtd).

The Punch Newspaper gathered that the gate of the house located on 1853 Deng Xiano Ping Street, off Mahathir Mohammed Street, Asokoro Extension, Abuja, upon visitation, was sealed off with stickers bearing the EFCC logo.

The former Chief of Air Staff, Air Vice Marshal was arraigned by the anti-graft agency before a Federal High Court in Abuja over alleged money laundering.

READ ALSO: EFCC To Arraign Ex-Chief Of Air Staff, 16 Other Top Officers On Wednesday

In a seven-count charge by the EFCC, Umar was alleged to have diverted N4.8bn from Nigerian Air Force accounts between 2011 and 2012.

He was alleged to have converted the money into US dollars for the purchase of houses in Abuja, Kaduna and Kano.

The anti-graft agency had also alleged that Umar removed another N700m from the accounts of the NAF to purchase a property at 14, Vistula Close, off Panama Street, Maitama, Abuja, while N500m was removed from the accounts of the NAF to purchase a property comprising a four-bedroomed duplex at Road 3B, Street 2, Mabushi Ministers Hill, Abuja.

The ex-CAF had pleaded not guilty to the charges.

READ ALSO: Fani-Kayode Spends First Night In Underground Cell As EFCC Continues Grilling

Justice Binta Nyako granted him bail on self-recognition but ordered him to deposit his international passport with the court registrar and seek the court’s approval before travelling out of the country.

The trial was fixed for June 7 and 8.

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Source: New feed2

Revert To N86.50 Now Or We Will Shut Down Nigeria – NLC Gives FG 96-Hour Ultimatum

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The Nigerian Labour Congress (NLC) has given the federal government a 96-hour ultimatum to rescind the deregulation of the downstream sector of the petroleum industry and revert to the initial petrol price of N86.50 per litre or face a total shutdown of the economy from Wednesday morning, May 18, 2016.

READ ALSO: Oil Workers Back New Fuel Price, Demand N90,000 As Minimum Wage

Speaking on Saturday after their meeting at the Labour House, Abuja, the NLC President, Ayuba Wabba, said if the government failed to accede to their demands by midnight Tuesday, the workers would have no option than to call out their members on an indefinite strike.

“Since there has not been any increase in salaries, wages or pensions of workers in the past five years, and in the face of devaluations, spiraling inflation and other vagaries of the economy, the increase in fuel price is unrealistic, unaffordable, unacceptable, and is thus rejected.”

“It is evident that the neo-liberal forces in the government have taken over, and we should expect more inhumane policies which will further degrade the living standard of the average Nigerian. The punitive electricity tariff and PMS product prices may just be teasers,” Mr. Wabba said.

“The price hike from N86:50 to N145, representing 67.63% increase, is the height of insensitivity and impunity as there was no previous consultation with stake holders, especially the organized labour, or any justification for this reckless decision other than the fact that government believes it is accountable to no one,” he added.

READ ALSO: Fuel Subsidy Removal: NLC Vows To Shut Down Economy Over Petrol Price Increment

Meanwhile, the organised labour also revealed that  it will join hands with the Trade Union Congress (TUC) to lead Nigerian workers and their civil society allies to shut down the country if the federal government failed to reverse the price increase.

“The Congress gave the government till late night on Tuesday within which to reverse the increased price of petrol and the electricity tariff, or face a total nationwide strike.”

“The NLC has deliberately delayed their press conference till today in order to liaise with their TUC counterpart, harmonise their positions and jointly address the media”, a source told Daily Trust.

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Source: New feed2

Revert To N86.50 Now Or We Will Shut Down Nigeria – NLC Gives FG 96-Hour Ultimatum

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The Nigerian Labour Congress (NLC) has given the federal government a 96-hour ultimatum to rescind the deregulation of the downstream sector of the petroleum industry and revert to the initial petrol price of N86.50 per litre or face a total shutdown of the economy from Wednesday morning, May 18, 2016.

READ ALSO: Oil Workers Back New Fuel Price, Demand N90,000 As Minimum Wage

Speaking on Saturday after their meeting at the Labour House, Abuja, the NLC President, Ayuba Wabba, said if the government failed to accede to their demands by midnight Tuesday, the workers would have no option than to call out their members on an indefinite strike.

“Since there has not been any increase in salaries, wages or pensions of workers in the past five years, and in the face of devaluations, spiraling inflation and other vagaries of the economy, the increase in fuel price is unrealistic, unaffordable, unacceptable, and is thus rejected.”

“It is evident that the neo-liberal forces in the government have taken over, and we should expect more inhumane policies which will further degrade the living standard of the average Nigerian. The punitive electricity tariff and PMS product prices may just be teasers,” Mr. Wabba said.

“The price hike from N86:50 to N145, representing 67.63% increase, is the height of insensitivity and impunity as there was no previous consultation with stake holders, especially the organized labour, or any justification for this reckless decision other than the fact that government believes it is accountable to no one,” he added.

READ ALSO: Fuel Subsidy Removal: NLC Vows To Shut Down Economy Over Petrol Price Increment

Meanwhile, the organised labour also revealed that  it will join hands with the Trade Union Congress (TUC) to lead Nigerian workers and their civil society allies to shut down the country if the federal government failed to reverse the price increase.

“The Congress gave the government till late night on Tuesday within which to reverse the increased price of petrol and the electricity tariff, or face a total nationwide strike.”

“The NLC has deliberately delayed their press conference till today in order to liaise with their TUC counterpart, harmonise their positions and jointly address the media”, a source told Daily Trust.

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Source: New feed2

Buhari To Name Looters, Reveal Amount Recovered On May 29

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President Muhammadu Buhari has promised to announce the names of looters of public funds and the amount his government has so far recovered from those who looted the nation’s treasury in a speech he intends to deliver on May 29.

Speaking to pressmen on Friday before he departed London, Buhari said such corrupt individuals will be prosecuted.

He said: “So far, what has come out, what has been recovered in whatever currency from each ministries, departments and individuals.

“I intend on the 29th to speak on this because all Nigerians are getting from the mass media because of the number of people arrested either by the EFCC, DSS. But we want to make a comprehensive report on the 29th.”

Speaking on whether the names of those indicted will be published, he said: “Yes, eventually, it has to be done because we want to successfully prosecute them. But you know you cannot go to the courts unless you have documents for prosecution.

“People signed for these monies into their personal accounts, their banks gave statements that the money is there, when it came, how much and so on.”

Also speaking on allegation of selective prosecution, Buhari said: “That is an accusation against the law enforcement agencies. But I assure you that we do not interfere. Try and get those who are now under arrest, you will find out it is across the board.”

On 2016 Budget implementation, he said: “It depends on the efficiency of the technocrats. Yes, we have six months to implement the budget. You know why there was a delay. There is something called padding. I have been in government since 1975. I was governor of what is now six states: Borno, Yobe, Bauchi, Gombe, Adamawa, Taraba, that used to be North East. Then I was in Obasanjo’s cabinet, Petroleum for three and a quarter years. I was Head of State for 20 months.

“I hadnever heard about that one padding until this year. And what does it mean? It means that the technocrats just allowed the government to make its noise, to go and make the presentation to the National Assembly. They will remove it and put in their own.

“When we uncovered this, we just had to go back to the basics again. Ministers had to go again and appear before the Minister of Budget and National Planning and make presentations again. This was clearly brought out by the Minister of Health.

“I saw with my own eyes, nobody told me. I was watching NTA and he appeared before a committee that said the minister should come and defend his budget. He looked at what was presented to him as his budget and he said he had nothing to defend, that that was not what he presented.

“Subsequently, we discovered that it was not only the ministry of health. So they allowed us to talk rubbish as government and they do what they like.”

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Source: New feed2

Oil Workers Back New Fuel Price, Demand N90,000 As Minimum Wage

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Following the increase in the price of petrol from N86.50 to N145 per litre, Nigerian oil workers have called on the federal government to increase the new minimum wage from N18,000 to N90,000.

READ ALSO: NLC, TUC Propose N56,000 As New National Minimum Wage

This is contained in a statement issued after the joint meeting of the National Executive Council (NEC) of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) in Calabar, Cross River State on Friday.

READ ALSO: PENGASSAN, NUPENG To Deliberate On New Petrol Price

While commending the Federal Government for removing subsidy on petrol, they said that they would push for a new minimum wage demand of N90,000.

The Nigeria Labour Congress, NLC, had criticised the decision, and vowed to resist what it called “the height of insensitivity and impunity”.

READ ALSO: Fuel Subsidy Removal: NLC Vows To Shut Down Economy Over Petrol Price Increment

Several aggrieved Nigerians had expected the two oil workers unions, which are key affiliates of the NLC, to follow suit with strong words against the new fuel price.

READ MORE: Petrol Will Now Sell At N145 Per Liter As Subsidy Is Removed

However, after the meeting, the leadership of the two unions in a joint communiqué said:

“The price is the secondary issue; the Federal Government has brought up a policy that would stop money from entering into the hands of few individuals.”

“The subsidy removal is a welcome development; we must not mortgage our economy into the hands of few selfish individuals.’’

“With the new pump price of N145 per litre, government must speed up the negotiation process for a new minimum wage of N90, 000 to cushion the effect of the envisaged inflation.

As the price of fuel increases, there should also be an increment in workers’ salary as the old minimum wage of N18, 000 has no effect again.’’

 

 

 

The post Oil Workers Back New Fuel Price, Demand N90,000 As Minimum Wage appeared first on 360Nobs.com.

Source: New feed2