Thursday, December 27, 2012

Fireworks explosion in Lagos gulps warehouse, neighbouring buildings

The National Emergency Management Agency (NEMA) has confirmed a powerful explosion that occurred early on Wednesday December 26, 2012 in Lagos from a building suspected to be loaded with ‘knockouts’  brands of fireworks that are usually blown out  during festive periods.
The explosion which further triggered fire outbreaks within the neighboring environments occurred from a building suspected to be a warehouse for storage of electrical items at Jankara Market by Adeniji Adele in Lagos Island Local Government Council of Lagos State.
NEMA reports have indicated that although the Search and Rescue Officers of the agency experienced some difficulty in  reaching the densely populated area due to heavy traffic and crowds, other response agencies and volunteers were mobilised, who helped to bring control to the fire incidents in the area with supports from residents.
The reports further said: “Security agencies would embark on investigation to determine the real cause of the explosion and fire outbreaks. Casualty figures are yet to be determined but some residents who were injured while attempting to assist in putting off the fire have been moved to hospitals for treatment”. NEMA also revealed that no death has been recorded so far.

Brandy Gets Engaged To Ryan Press

American R & B singer, Brandy, is finally engaged to her boyfriend and music mogul, Ryan Press. The two got engaged on Christmas day right in front of Brandy’s parents in their family home while they were opening Christmas presents.

Koko concert holds in Lagos today

Koko Concert will hold on Thursday December 27th at Eko Atlantic. The event will be hosted by Idris Elba and will feature Tinnie Tempah, Big Sean, Pusha T and many top Nigerian artists. Ticket: 5k regular, 20k VIP and N1m for table.

Do you need an invite...call me or ping me

Monday, December 17, 2012

How Prophet T. B. Joshua prophesied the tragic crash that killed Yakowa, Azazi

As the nation mourns the tragic helicopter crash that ended the lives of Kaduna State Governor, Patrick Yakowa and former National Security Adviser, Andrew Owoye Azazi, alongside four others, Nigerian Prophet, T.B. Joshua has revealed how he prophesied the fatal crash.

Kaduna State: Meet Mukhtar Ramalan Yero, Late Gov. Patrick Yakowa’s Replacement

Late Governor of Kaduna state, Patrick Ibrahim Yakowa, who lost his life Saturday, in an air crash, is to be replaced by his deputy, Alhaji Mukhtar Ramalan Yero. Already, security arrangements and protocol are being mapped out to ensure a peaceful succession ceremony in line with the 1999 constitution.
Mukhtar Ramalan Yero, 44, is a close ally of Arc. Namadi Sambo and was his accountant in his private company.  He became Commissioner of Finance when Sambo was elected governor in 2007 and was chosen deputy governor to Yakowa in 2010.

Gov Yakowa and 5 person dead in an air crash

A helicopter carrying the governor of Kaduna state, Patrick Yakowa, and former NSA Andrew Owoeye Azazi and several aides who were attending the burial of the father of the Special Assistant to President Goodluck Jonathan on Research, Documentation and Strategy, Oronto Douglas has crashed in Bayelsa state got on saturday 15th December 2012.....
what a tragedy!!!!!!!!!!!

Enugu State Governor, Sullivan Chime Not Dead

According to our source, Enugu State Governor, Sullivan Chime, was feared dead on Saturday. Unconfirmed reports had it that Chime passed on at an Indian hospital after battling an undisclosed ailment for some months.
It would be recalled that Sullivan Chime duly transmitted a letter to the state House of Assembly for a consolidated leave which had commenced since September 19, 2012.
If feelers we are getting are true, he will be the second governor to have died in a space of 48-hrs after Kaduna state governor, Patrick Yakowa lost his life in a Navy chopper crash in Bayelsa state, along with former National Security Adviser, Gen. Owoeye Azazi.

Wednesday, November 14, 2012

OLUSOLA SARAKI IS DEAD, TO BE BURIED TODAY

Olusola Saraki is a trained physician and politician from Ilorin who who holds the title of Tuiraki Ilorin. He was an elected senator representing Kwara central district in 1979 and was subsequently chosen senate leader. Prior to becoming a senator, he was a member of the 1977-1978 Constituent Assembly.
From 1981 to 1999, Saraki was a constant named dropped as having presidential ambitions and in 1992 and also in 1999, he publicly vied for the nation's topmost position.

Wednesday, October 31, 2012

Bishop Kola Onaolapo lives on!

Brief biograghy
Bishop Onolapo is the Founder and General Overseer of the Abundant Life Gospel Churches with Headquarters in Agege area of Lagos.
He was born in July 1957 to Pa. and Mrs. Onaolapo in Erin-Ile, Kwara State. Pa Onaolapo was a business merchant when he lived until his death in 1984.

Monday, October 22, 2012

Adele Gives Birth to a Baby Boy

Adele better brush up on her lullabies!The eight-time Grammy winner has given birth to a healthy baby boy, a source tells Us Weekly. It is the first child for Adele and the second for her boyfriend, Simon Konecki, who has a five-year-old daughter with ex-wife Clary Fisher.

Thursday, October 18, 2012

Sultan Declares Oct 26 Ed-el-Kabir Day

The Sultan of Sokoto, Sa’ad Abubakar, on Wednesday, declared friday October 26 as Ed-el-Kabir Day; following the sighting of the new crescent on October 16.

Ekpo Nta Sworn-in as ICPC Chairman

After having served as Acting Chairman for eleven months, President Goodluck Jonathan on Wednesday administered the oath of office on the Chairman of the Independent Corrupt Practices and related offences Commission (ICPC), Mr. Ekpo Nta. After administering the oath, the President informed him that he would be terribly disappointed if the new anti graft boss failed Nigeria in his duties.

Dame Patience Jonathan arrives from medical trip

Nigeria’s First Lady, Dame Patience Jonathan on Wednesday arrived Nigeria after about 8 weeks of absence. The First Lady arrived at the Nnamdi Azikiwe International Airport, Abuja aboard an aircraft with registration number 5N-FGN. She was received by a number of government functionaries and a crowd of PDP supporters at the airport.

UNIPORT killings: Police dismisses Sergeant

The Nigerian Police Force has dismissed a Sergeant identified as Lucky Orji, who was allegedly involved in the gruesome murder of four students of the University of Port-Harcourt, following the confessions of one of the arrested suspects who claimed that a police man was part of the mob.

Wednesday, October 17, 2012

Suspected Killers Of UNIPORT ALUU 4

Rivers State police command yesterday paraded suspects who allegedly participated in the gruesome killing of four students of the University of Port Harcourt (UNIPORT) at Omuokiri-Alu, Ikwerre Local Government Area.

JUST BRA WORTH $2.5MILLION

Brazilian supermodel Alessandra Ambrosio has been chosen to model the $2.5 million fantasy bra at this year's Victoria's Secret Fashion Show — just months after giving birth! The mom of 4-year-old daughter Anja and 5-month-old son Noah will don the pricey lingerie on this year's annual holiday TV special.

Thursday, October 11, 2012

Mother Of Ugonna, One Of Aluu Massacre Victims, Died Of Heartbreak

Mother of the late Ugonna Kelechi Obuzor, one of the four students set ablaze by a mob from Aluu community in Port Harcourt reportedly died of heart-break yesterday.
According to close relatives, she has remained inconsolable  ever since she heard of the manner her son passed away. May her soul rest in peace…
DIS IS PAINFUL

JUSTICE MUST BE DONE ON ALUU OVER UNIPORT MINUS FOUR

IT is beside the point, whether the four lynched students of the University of Port Harcourt were cultists, serial rapists, or  robbers.

N200m Ransom For Osun Speaker’s Wife

Kidnappers of wife of Osun State House of Assembly Speaker, Mr. Najeem Salaam, her  abductors have demanded N200m ransom for her release.

Wednesday, October 10, 2012

PETER RUFAI LOSES MUM

Former Super Eagles goalkeeper, Peter Rufai, also known as Dodo Mayana, is bereaved due to the death of his mother, Christiana Rufai.
Sources close to the legendary goalkeeper said Peter Rufai was at his football academy training kids, on Wednesday morning, when he got the news via a phone call from his elder sister.
Peter Rufai was Nigeria’s number one shot stopper for several years including at the USA 94 World Cup, still considered Nigeria’s best outing at the FIFA tournament.

Friday, October 5, 2012

Chris Brown Ends Romance With Karrueche Tran...But why?

Chris Brown has publicly revealed he has dumped his girlfriend Karrueche Tran after being pictured with ex Rihanna for the third night in a row.
He admitted his close bond with the Umbrella pop star was the reason for the split, but stopped short of saying the exes had reconciled.

Banks To accept the voter's card for identification

CBN has directed banks to accept the voters’ card issued by Independent National Electoral Commission, INEC, as means of identification.

Nothing has change - Mark Zuckerberg facebook CEO

Facebook’s stock has tumbled by more than 40% since its May IPO, wiping out more than $40 billion in market value. But according to Mark Zuckerberg, Facebook’s CEO, “nothing has to change.”
Zuckerberg made the comment amid a media push celebrating Facebook reaching 1 billion users that included an interview with Matt Lauer on the Today Show.Bloomberg Businessweek also got a shot at Zuckerberg and asked him what he has learned about the public markets and institutional investors in the last six months during the Facebook stock debacle. His answer suggested that he has not learned all that much, or at least that he has not changed his general attitude:

HULK HOGAN Threatening Lawsuit Over Leaked Sex Tape Footage

Hulk Hogan’s leaked sex tape did NOT catch the wrestler with his pants down — at least figuratively — because TMZ has learned, he’s already got his lawyers on the counter-attack, threatening to SUE if the tape isn’t taken off the Internet.

Tuesday, October 2, 2012

Michael Ballack Announces Retirement

Michael Ballack, who won 98 caps for Germany and scored 42 international goals, has retired from football, a statement released through his lawyer said.
Ballack, 36, began his professional career at Chemnitzer in 1995 and went on to play for Kaiserslautern, Bayer Leverkusen (twice), Bayern Munich and Chelsea. He had been without a club since leaving Leverkusen at the end of last season, despite being linked with a move to the Australian A-League.
His outstanding career saw him win the German Footballer of the Year accolade three times and play for his country, which he also captained, in five international tournaments.

Bow Wow Named New “106 & Park” Host

With the departure of longtime hosts Terrence J and Rocsi Diaz, BET’s popular “106 & Park” show was looking for new faces to host, and the network announced yesterday (October 1st) that it has found three new faces and one familiar one to fill the spots. Cash Money Records rapper Bow Wow has been named the new host of the show; alongside newcomers Mykie (from Houston), as well as Paigion and Shorty Da Prince (of Detroit.)
“I am very excited to take on this new journey in my career with BET. I’m all about branding myself and not just in music, but in TV and movies,” said Bow Wow. “Everyone always wants to compare me to the Fresh Prince, well now they can call me the Fresh Prince of 106 & Park. Get ready for a whole new world.”

Boko Haram Killed 20 Students In Federal Poly, Mubi Adamawa

At least 20 students have been shot dead by unknown gunmen in Mubi, north-eastern Nigeria, a police source has told the BBC.
The attack happened at a student hostel away from the Federal Polytechnic Mubi campus, the source said.

Wednesday, September 26, 2012

Jay-Z And Obama: 5 Things They Have In Common

We’ve got a little bond,” President Barack Obama said of longtime pal and supporter Jay-Z, who hosted a $40,000-a-head fundraiser for the POTUS with wife BeyoncĂ© at the rapper’s 40/40 Club in New York City last week.
Just how similar is Jay to the Prez? “We both have daughters, and our wives are more popular than we are,” explained Obama to an exclusive crowd of 100 guests. “It’s hard but it’s OK.”
But their likeness runs far deeper than family.
Goldmyne Entertainment is breaking down what makes Jay-Z and Obama are almost like two peas in a pod.

1. Both are leaders of their game.

Obama is, of course, the leader of the free world. And hip-hop mogul Jay-Z runs the rap game.
2. Both were raised in fatherless homes.
Jay-Z has never been shy about sharing details about his troubled childhood, including how his father abandoned his family. When Obama was just a boy, his father called it quits on his household, too, eventually moving back to Africa. 
3. Both dabbled in drugs.
Through his musical prowess, Jay-Z has spun his on-the-streets experience with drugs into record-selling lyrics. In his memoir, Dreams From My Father, the Commander-in-Chief candidly discusses smoking weed and “using a little blow.”
4. Both appreciate the oldies.
No American can forget that truly cherishable moment when our president sang Al Green during a speech. And though Jay-Z is known for rap, the artist has admitted that his mother’s classic records inspired his chart-topping album, The Blueprint.
5. Both are sports fanatics.
Not only does he shoot hoops and compete on the golf course, the Commander-in-Chief is a die-hard Chicago sports fan. Jay is often court-side cheering on the Nets, the newly minted Brooklyn NBA squad of which he is part owner.

Arik Airline Blacklists FAAN MD And Many Others

THE face-off between the Federal Airports Authority of Nigeria (FAAN) and Arik Air over the latter’s indebtedness reached its peak on Tuesday, when the management of the airline blacklisted the Managing Director of the FAAN, Mr George Uriesi.
It will be recalled that workers union in the industry had, last week, disrupted operations of Arik Air at the General Aviation Terminal over the indebtedness of the airline to agencies of government totaling N18 billion. Out of the amount, FAAN was owed N7.077 billion.
Following the protest by the unions, Arik announced the shutdown of its domestic operations.
Later, a meeting of all parties concerned were held at the instance of the Minister of Aviation, Mrs Stella Adaeze-Oduah, where peace was brokered.
On Friday, as a result of the truce, the chief executives of all the three major agencies, led by the Director-General of the Nigerian Civil Aviation Authority (NCAA), Dr Harold Demuren, addressed a press conference, announcing the truce, having discussed with leaders of the union on the need to let peace reign in the industry, while efforts were being made to recover debts owed by Arik, only for the industry to be awash today with the news of the blacklisting of the FAAN Managing Director,Uriesi.
In the list obtained on Tuesday, the personal-non grata list had Uriesi topping the list of 27 people with reasons for their being barred from patronising Arik “permanently.”
While various reasons were adduced by Arik Air for taking such decisions, it only adduced “management decision” for the blacklist, while it also gave September 24, 2012 as the effective date of Mr Uriesi’s blacklist.
When the news of the blacklist of the FAAN MD filtered through on Monday, an Arik official vehemently denied, saying “that will be petty on the part of any airline to have done.”
But the list, which eventually got to journalists, confirmed that indeed Arik Air management blacklisted the FAAN boss.
Another person on the list is one Mr Omojuwa J. Japhet, who the airline claimed to have lost his ipad “on our flight in June,12. Since then, he has resorted to posting damaging things about Arik Air on Twitter and some other social media sites. All efforts to pacify him proved abortive.”
Others were blacklisted for having engaged Arik staff in one brawl or another at the check-in counters for various reasons.
They included Messr Victor Ogbondah Elo; Lawal Lateef; Obayomi Osoba; Obiriki James; Guanah Raymos; Moulim Boubacal; Moussa Baba; Al-Laranma and one Ibrahim (a Somalian).
Others were Warsame Ahmed Adbukadir (Somalian); Abdelrahman Wala Eldin (Sudanese); Mohammed Murtada Awad Alla Hamad-Sudanese (Briton); Bakare Lanre; Miss Davies-Fasan Adesola; Ejilasisi Kudirat Abike; Musa Azeez-Arisekola; Adesugba Sijuade Adekoya and Oluseye Yakubu Idowu.
Also on the list were Olomiwe Peter Chukwu; Nwachukwu Austin; Orji Dniel Ikechukwu; Uzoh Himan; Adesanya David; Ikukoyi Olufemi Olukay and Grace Nkiruka Guobadia.

Tuesday, September 25, 2012

BEYONCE AND JAY-Z EXPECTING SECOND CHILD

Singer Beyonce Knowles, mother of eight-month-old daughter Blue Ivy with husband Jay-Z, is reportedly expecting her second child
The 31-year-old was spotted at a restaurant Sunday in a tight-fitting leopard dress that showed off her baby bump
Beyonce recently revealed that she and Jay-Z are more than happy to change diapers.
"Actually, Jay-Z is very good. We both change diapers. I love changing diapers, I love it. I love every moment of it, it's so beautiful. I love it all," she said.
She had also expressed her desire to have a big family.

Monday, September 24, 2012

3 Killed, 46 Injured In Bauchi Church Bomb Blast

Barely one week after unknown gunmen attacked the Unguwar Zango area of the Bauchi metropolis and killed about nine people; three people were also killed yesterday while 46 others were injured when a suicide bomber attacked St John’s Catholic Church, near Abubakar Tafawa Balewa Stadium, Bauchi.

Femi Otedola, Alhaji Sayyu Dantata and others To Face The Law For Bank Debt - CBN

The former Power Minister, Prof. Barth Nnaji and other debtors amongst who are Femi Otedola, Alhaji Sayyu Dantata, Sir Johnson Arumemi-Ikhide, are to be handed over to law enforcement agents if they do not pay off their debts. Other debtors are Mrs Elizabeth Ebi and Dr. Wale Babalakin whose firms, directors and shareholders were excluded from securing additional loans from local banks ought to be prepared for a bigger storm.

Abuja-Lokoja Route Blocks Due To Heavy Flooding - FRSC

The only road connecting the southern part to the FCT, the Abuja-Lokoja has been shut down by the Federal Road Safety Corps (FRSC) following the rising flood that has inundated the road.
Concerned over the safety of road users plying the Abuja-Lokoja route, the FRSC blocked the Lokoja axis of the highway, the roads marshal announced in a statement on its the website.

NUC Lifts Suspension On Lead City Varsity

The National Universities Commission (NUC) has lifted the suspension of the operational licence of Lead City University, Ibadan.
This was conveyed to the university in a letter signed by Professor C.F. Mafiana, Director of Quality Assurance, on behalf of the Executive Secretary of the NUC and addressed to the university’s Vice Chancellor, Professor Olufemi Onabanjo. The commission said, “the suspension of the operational licence of Lead City University has been lifted with effect from Tuesday, 18 September, 2012.”

Friday, September 21, 2012

EMEKA OSSAI CONFIRMED TWINS

After five years of waiting for a child, Nollywood actor Emeka Ossai and wife Jumai have welcomed not one, but a set of twins!
The twins we learn were born this morning in the US. The actor had attended the London Olympics and traveled over to the US to meet his expectant wife.
Ossai was previously married to Jennifer Ossai who passed away in 2000.

Bill Gates and Warren Buffett top Forbes' billionaires list again

Microsoft Corp co-founder Bill Gates remains America's richest man by far, as the tech and philanthropy giant took the top spot on the Forbes 400 list for the 19th year running, with a net worth of $66 billion.

WOW! BASKET MOUTH IN A NEW LOOK

After almost 9 years, Comedian Basketmouth had his trademark dreadlocks chopped off few days ago. Basketmouth says he think he could do with a bit of a rebrand by parting with his famous dread.
YOU LOOK GOOD NOW!!!!!!!!!

'I'M PREGNANT!' COLOMBIAN SINGER SHAKIRA CONFIRMS

Colombian singer Shakira is pregnant with her first child.
The Hips don't Lie singer, 35, has confirmed she and Spanish soccer star Gerard Pique, who is 10 years her junior, are expecting a baby together.
She has also revealed that she has decided to cut down on her work schedule over the coming weeks.

Troops Kill 2 Boko Haram Commanders In Maiduguri

Nigerian soldiers in the special anti-terrorist force in Maiduguri, Borno State said Thursday they killed two senior commanders of Islamist sect Boko Haram in a shootout.
Eight suspected Islamists were also arrested in a separate incident, a spokesman of a special military unit, Lieuteant Colonel Sagir Musa, said.
“We killed two top commanders of Boko Haram in a shootout outside the city on their way to Damaturu (capital of neighbouring Yobe state) where they planned to attack some military and civilian targets,” he told AFP.

Kenny Ogungbe Now MD RayPower FM

Kennis Music Boss,Kenny Ogungbe has been appointed as the managing Director of Raypower FM. Early this year,he was appointed an executive Director of Daar Communication.
We gathered exclusively that the Board of Directors of Daar Communications has approved the appointment with immediate effect. ”I can confirm to you that Kenny Ogungbe has been made the MD of Raypower FM,” source says
The Board reposes a lot of confidence in Kenny to turn the station around.
Kenny and Dayo Adeneye have Primetime Africa programmes running on Raypower and AIT

5000 Naira Note suspended- GEJ

 President Goodluck Jonathan bowed to pressure as he directed the Governor, Central Bank of Nigeria, Mallam Lamido Sanusi, to suspend the planned introduction of N5,000 note.
The Special Adviser to the President on Media, Dr. Reuben Abati, disclosed the development to State House correspondents in Abuja.

Waitress a Lookalike of the duchess of Cambridge, Kate Middleton

With her bright eyes and wavy chestnut hair, 32-year-old Heidi Agan (left), amother of two from Corby, Northamptonshire, is a dead ringer for the Duchess of Cambridge (right), even though Agan's eyes are sky blue and not hazel. Agan (left) quit her waitressing job in favor of life as a faux royal because "People would come in and point at me and say, 'That's her!'" she 've had other people come up to me during jobs, convinced I'm Kate." It's not just the customers who see a royal resemblance: Even her 3-year-old daughter, Abigail, thinks she looks like the future queen.

"When my daughter sees her in a magazine, she points and says, 'There you are, Mummy!'" Agan said "She's turned into a right little royalist."

Wednesday, September 19, 2012

President Obama Parties With Jay-Z and Beyonce

Hip hop’s biggest power couple, Jay-Z and Beyonce, held a fundraiser for President Barack Obama tonight at Jay-Z’s 40/40 Club in Manhattan. In his speech at the event, Mr. Obama discussed his daughters’ love for the musicians and what he and Jay-Z have in common.
“Let me just begin by saying to Jay and Bey, thank you so much for your friendship. We are so grateful. Michelle and Malia and Sasha are mad at me because they are not here,” Mr. Obama said. “That doesn’t usually happen. Usually they’re like, we’re glad you’re going–we don’t need to go. But every time they get a chance to see these two they are thrilled, partly because they are just both so generous, particularly to my kids. And Malia and Sasha just love both of them.”

Tuesday, September 18, 2012

OBJ VS SANUSI

Former President Olusegun Obasanjo (OBJ) has observed that the Central Bank’s attempt to tackle inflation with the N5000 note is misguided.  OBJ also submitted that “the way Sanusi was fighting inflation by removing money from circulation was improper…, as this approach would kill production and affect small businesses negatively”.
OBJ and Sanusi are certainly in accord on the issue of oppressive rate of inflation!  However, the protagonists are divergent on the most appropriate strategy for fighting this menace!  Obasanjo considers CBN’s unending liquidity mop-ups and the new N5000 note as inappropriate, as these strategies will dampen productivity and economic growth.
CBN, however, maintains that higher denomination notes would facilitate transactions involving huge amounts of cash, including transactions like money laundering and smuggling, and would also become a convenient tool for bribery and corruption in place of the dollar!!
In a recent advertorial CBN inferred a historical relationship between higher denominations and reduced levels of inflation.  However, CBN readily admits that higher denomination notes do not necessarily alter the level of money supply in the economy.
Consequently, reduced inflation cannot also be a function of higher denominations; for example, successful economies elsewhere have managed to keep inflation levels below three percent, in spite of having 100-unit as the highest currency denomination for many decades!
On the other hand, OBJ’s observation on the unsuitability of CBN’s excess liquidity mop-up strategy to counter inflation and promote growth may, indeed, have more merit.
Remarkably, in spite of CBN’s best efforts, excess liquidity remains ever-present while inflation and debt accumulation remain unfettered.
Incidentally, no economy can grow with inflation around 15%; consequently, industries and SMEs have wilted in an environment with such high level of price instability, especially when CBN itself also continuously crowds out the real sector from accessing funds at low rates of interest.
In recognition of the destabilising impact of a cash surfeit economy, Lamido Sanusi rightly observed that “we all know that we cannot have inflation by printing higher bills, if we don’t increase money supply, and this is simple economics”.  This may be technically so, but certainly not completely true, because if higher denominations instigate higher velocity of circulation, the net product would be increased money supply, which CBN itself agrees will drive inflation!
The need for recipients to quickly unbundle the N5000 note, for example, would inevitably instigate velocity of circulation, and consequently drive inflation, much against CBN’s current assurances!  The attendant attrition in changing large denominations in simple transactions like a bus ride should also not be understated, especially with the absence of an intermediate N2000 note!
The public may not have a say in the choice of denominations paid by the banks, especially if CBN seeks to take advantage of the relatively cheaper cost of producing the N5000 note, in supplying cash requirement of banks.
In reality, redenomination rather than higher denomination is a more sensible way of reducing production cost, since, for example, a two-decimal point redenomination would make the current N1000 equivalent to just N10 or about $1.6, while the proposed N5000 note will become equivalent to N50 or about $8, while current N100 will equal N1.
Furthermore, Sanusi’s hypothesis that Nigerians rejected coins because of their low purchasing value is obviously spot on; however, the highest coin denomination of N20 in the new proposal is really equivalent to just over 10 US cents, and remains inadequate to purchase even a finger of plantain.  In this event, the new coin range will be rejected, and will inevitably be ultimately auctioned wastefully.
Although Lamido Sanusi promises that the N5000 note would enhance the naira’s function as a store of value, regrettably, however, Sanusi failed to satisfactorily explain why the naira has in fact, steadily lost value over the years.  CBN continues to remain in denial of its own obnoxious role in creating the unending spectre of excess liquidity, which ultimately drives inflation.
Instead, Sanusi’s mindset is that “if a currency has lost its value, it makes sense to produce a higher denomination”.  Of course, this is a patently false hypothesis, since the focus should rather be on arresting the causes for loss of value of the currency, rather than to endlessly produce higher denominations in like manner as Zimbabwe to tackle the scourge of inflation!
Curiously, Sanusi also maintains that 50 – 70% of dollars purchased from bureau de change are for transactions in Nigeria; however, Lamido does not seem to relate the adoption of the dollar as a second national currency, as he claimed, to market response to CBN’s hastily established cash-less programme with its unpopular withdrawal and deposit limits and oppressive penalties for violations. Ultimately, both OBJ and Sanusi may be akin to blind men describing an elephant!

Tuface Clocks 37 today

Today,September 18,2012, Innocent Idibia popularly known as 2Face will be 37. The ‘African pride’ was born in Jos, Plateau State in 1975. Little did the Idoma, Benue State artiste know he would be this great when he formed the defunct R&B/hip hop group ‘Plantashun Boyz’ with Blackface and Face, who later joined them when they (2Face and Blackface) met Face in Lagos.
He attended Mount Saint Gabriel’s Secondary School, Makurdi, Benue State. He then proceeded to the Institute of Management & Technology, Enugu (IMT), where he met Blackface, for a pre-National Diploma course in Business Administration and Management. Unfortunately, 2Face didn’t graduate, but that didn’t stop him from achieving success in his music career.
At IMT, 2Face did some jingles for GB Fan Club aired on Enugu State Broadcasting Services (ESBS). The name ’2Face’ was coined in 1996. The name came about because he aimed at differentiating his personal life with his business life.
2face has released some smash hit songs in which ‘African Queen’ has been the biggest. He is the CEO of Hypertek Entertainment which has Dammy Krane as its artiste. 2Face is known for helping young talents grow in the industry. He has featured in many songs of up and coming artistes.
He is happily married to Nollywood actress, Annie Macaulay who has a daughter for him. He has five other child from other relationships.
Happy Birthday!

Nigerian Becomes First Black VC Of Illinois Varsity

An engineering professor of Nigerian descent, Ilesanmi Adesida, made history last month by becoming the first black Provost/ Vice-Chancellor for Academic Affairs of the wellrespected University of Illinois at Urbana Champaign in the United States.
Adesida, a naturalised American, was born in Ifon, Ondo State 63 years ago.
He was a former head of the Electrical Engineering Department of the Abubakar Tafawa Balewa University, Bauchi.
The professor is a fellow of the Institute of Electrical and Electronics Engineers, IEEE, the American Association for the Advancement of Science, AAAS, the American Vacuum Society, and the Optical Society of America. He is also the past president of IEEE Electron Devices Society.
His work in the field of Nanotechnology, with special emphasis on high speed device used in communication, has not only been outstanding but has received accolades in the scientific community.
Commenting on his appointment, Prof. Adesida said: “I’m honoured and humbled to be selected as provost of this great campus. This is something I take very seriously. I know how to work very hard and I’m ready to roll up my sleeves and get the job done.

Sunday, September 16, 2012

Fuel scarcity crawls into Lagos State

Fuel scarcity as really crawled into lagos. Most fuel station are closed  while the once that are open are really engulfed with car which makes a long que.

which way Nigeria!!!!!

Teen charged with trying to blow up Chicago bar

Adel Daoud, a U.S. citizen from the Chicago suburb of Hillside, was arrested Friday night in an undercover operation in which an agent pretending to be a terrorist provided him with a phony car bomb and watched him press the trigger, prosecutors said.
The U.S. Attorney's Office in Chicago, which announced the arrest Saturday, said the device was harmless and the public was never at risk.
Daoud is charged with attempting to use a weapon of mass destruction and attempting to damage and destroy a building with an explosive. He remains in custody pending a detention and preliminary hearing set for Monday in federal court.
A person who answered the phone Saturday at the home where Daoud and his family live and identified herself as his sister, Hiba, declined to discuss Daoud, the family or the arrest.
"We don't even know anything. We don't know that much. We know as little as you do," she said. "They're just accusations. ... We'd like to be left alone."
Later Saturday, no one answered the door of the family's two-story home, which had a well-kept garden in the yard and a basketball hoop in the driveway. The house faces a Lutheran church; a Greek Orthodox church also is nearby.
Next-door neighbor Harry Pappas said he was shocked by the arrest, calling Daoud's parents "wonderful" people and him a quiet boy who played basketball in the driveway with friends.
"I heard maybe he had a little trouble in school," Pappas said. "He was quiet, didn't talk much, but he seemed like a good kid."
Pappas said Daoud spent a lot of time at home and that months would go by sometimes before the teen would surface.
"But I was never suspicious," he said.
Then on Friday night, a dozen unmarked cars drove up to the family's house and several agents went inside, Pappas said.
The FBI began monitoring Daoud after he started using an email account to get and distribute material about violent jihad and the killing of Americans, prosecutors said.
In May, two undercover FBI agents contacted Daoud in response to the material and exchanged electronic messages with him in which he expressed an interest in violent jihad in the United States or abroad, according to an affidavit by an FBI special agent.
Prosecutors say one of those agents introduced Daoud to a third undercover agent who claimed to be a terrorist living in New York.
Over the summer, the third agent and Daoud met six times in the suburb of Villa Park and exchanged messages, the affidavit said. Daoud then set about identifying 29 potential targets, including military recruiting centers, bars, malls and tourist attractions in Chicago, the document said.
He is accused of settling on a downtown bar and conducting surveillance on it using Google Street View and visiting the area in person to take photographs.
Describing the target to the agent, Daoud said it was also a concert venue by a liquor store, the affidavit says.
"It's a bar, it's a liquor store, it's a concert. All in one bundle," the document quotes him as saying. It said he noted the bar would be filled with the "evilest people ... kuffars." Kuffar is the Arabic term for non-believer.
The affidavit said that shortly after 7 p.m. Friday, Daoud met with the undercover agent in Villa Park and they drove to downtown Chicago, where the restaurants and bars were packed. They entered a parking lot where a Jeep Cherokee containing the phony bomb was parked, the document says.
Daoud drove the vehicle and parked it in front of the bar, then walked a block away and attempted to detonate the device by pressing a triggering mechanism, the affidavit says. He was then arrested.
Court documents don't identify the bar.
The FBI has used similar tactics in other counterterrorism investigations, deploying undercover agents to engage suspects in talk of terror plots and then provide fake explosive devices.
In a 2010 case, a Lebanese immigrant took what he thought was a bomb and dropped it into a trash bin near Chicago's Wrigley Field. In a 2009 case, agents provided a Jordanian man with a fake truck bomb that he used to try to blow up a 60-story office tower in Dallas.
Prosecutors said Daoud was offered several chances to change his mind and walk away from the plot.
The affidavit said Daoud was active in jihadist Internet forums and was accessing articles written by Anwar al-Awlaki, the U.S.-born radical cleric who became a key figure in the Yemen-based al-Qaida offshoot known as al-Qaida in the Arabian Peninsula.
Al-Awlaki was killed in a U.S. drone strike in Yemen last year.
The FBI says he also was searching online for information on making bombs and reading "Inspire," the English-language online magazine published by Al-Qaida in the Arabian Peninsula.
In his conversations with the undercover agent, Daoud explained his reasons for wanting to launch an attack, saying the United States was at war "with Islam and Muslims," the affidavit said.
According to the document, he said he was trying to recruit others and that he was confronted by leaders of his mosque who warned he should stop talking about jihad. The affidavit said Daoud's father also had been informed that Daoud was debating jihad and told Daoud to stop talking about it.
Daoud also told the agent he wanted an attack that would kill many people, the document said.
"I want something that's gonna make it in the news," he said, according to the affidavit. "I want to get to like, for me I want to get the most evil place, but I want to get a more populated place."

Customs intercept ammunition in Ogun

The Ogun State command of the Nigeria Customs Service, on Saturday, announced the seizure of 3,000 shotgun cartridges at a bush path in the border town of Agosasa.
Ade Dosunmu, the new Area Controller of the Command, who disclosed this at the Customs Sentry in Idiroko, said a team of officers on patrol intercepted an unregistered Honda CRV conveying the 3,000 Redstar Highspeed shotgun cartridges worth about N768,000.
According to Dosunmo, the driver of the CRV escaped into the bush before he could be arrested by the patrol team.
He also revealed that the agency had recently confiscated 23 vehicles, 40 bags of Indian hemp, 1,288 cartons of frozen products, 147 kegs 25lt vegetable oil, 1,040 litres of petrol and 256 bags of imported rice, as well as bales of second-hand clothes, shoes and smugglers' motorcycles.
Dosunmu noted that the Duty Paid Value of all the seizures made within the past week of his resumption of duty amounted to about N21.79m.
He also put the Duty Paid Value of the 23 vehicles seized by his men in the past one week at N14. 84m
“Let me assure you that this is the tip of the iceberg of what my administration is driven towards, for professionalism, high productivity and zero tolerance for smuggling. I assure you that the officers and men of the command who are highly motivated and mobilised are out to meet the revenue target given to the command, as all local institutions in the command are strengthened to achieve this through aggressive anti-smuggling efforts,” he said.

Davido denies being wanted

According to daily times, The assault case leveled against David Adeleke, popularly known as Davido continues to linger as Hashiru Azeez, the owner of the taxi whose driver was allegedly assaulted gives an insight into the intrigues surrounding the case, Punch is reporting.
Azeez, the car owner who employed Femi Ajibola, the driver who claimed he was assaulted by the popular artiste said, “When Ajibola initially told me about this matter, I did not believe him. Later, I went to Beni’s Apartment in company with Sgt. Nuru Umar, who is the Investigating Police Officer, and we found out that he was right.
“We went to the DPO and he called Davido’s father after I took time to explain who the boy was,” Azeez said.
Immediately after the story surfaced in the media, Susan, the lady who was conveyed in the cab to see Davido allegedly threatened Ajibola at the taxi park where he operates.
According to reports, Azeez further explained saying, “I got a call from Ajibola that Susan allegedly went to the park to threaten him. She said that if he was claiming that he lost N100,000 during the incident with Davido, she would pay the money. Then she asked if the cab driver had forgotten that she lost her cell-phone, which was valued at N175,000.
“She said that Ajibola would have to produce her phone because he was the one that took them to the hotel in his cab. She added that she would deal with him,” he said.
According to the car owner, he advised Ajibola to report the threat to the police which he did and he later got a call to meet with the Adeleke family at the Bar Beach Police Station.
He explained that due to their suspicion of a hidden agenda in the manner the invitation was extended they went to the police station with their lawyer, Ademola Olamide, who insisted on seeing the young artiste before discussions can take place between both parties.
Olamide was however prevailed upon to discuss with the Adeleke’s who denied Davido’s direct involvement in the matter but offered to pay the equivalent of the driver’s two weeks wages.
“I told my lawyer that there was no basis for compensation since he denied assaulting Ajibola. I said he should produce those who beat up Ajibola, that the police should do their job and we would know what step to take from there,” he said.
Azeez accused Davido of collecting the car keys and later handing it to the DPO and insisted that the Dami Duro crooner must publicly apologize for his actions before any further actions can be considered.
Meanwhile, Davido’s spokesperson, Valerie Obaeze insists that the artiste is not in any way connected with the said incident.
When contacted she replied in an e-mail which read: “Thanks for your enquiry and effort to get our own side of the story, but our previous statement (still) stands. Davido was neither aware of nor involved in any incident involving the assault of a taxi driver or the illegal seizure of his keys. He does not condone violence in any form and will not be commenting further on this matter.”
The singer also tweeted this morning through his official iam_davido handle: “I want to assure all my beloved fans and friends that, I am not wanted by the police and no officer in the Nigerian police gave an order for my arrest. I went to the police some weeks ago to give a statement and cleared my name. I did not beat up any taxi driver and the lady that hired the taxi driver and all those that are involved in this matter have made statements to the police and none of them mentioned my name except the taxi driver who claims that a large sum of money was missing in his taxi, in fact the lady in question stated that she was not beaten by anyone and that nobody assaulted the taxi driver. This is a case of blackmail, and I have resolved not to succumb to any blackmail for money. And to all those that are involved in this conspiracy to bring me down, I want to remind you that God Almighty himself got me to where I am today in my music career and you will not succeed in your devilish efforts to bring me down.
In a previous tweet, he also suggesting suing the newspaper.
The Police Public Relations Officer, Zone 2 Police Command, Femi Balogun, confirmed that the case was being handled by his command. He said that the AIG had ordered that Davido should be brought before him with the Toyota Corolla used as taxi. He said they did not know where Davido is and he would be picked up once they have information on his whereabouts.