Showing posts with label Nigeria. Show all posts
Showing posts with label Nigeria. Show all posts

Monday, 6 May 2013

FG releases $3.7bn, targets 20,000MW

Vice-President Namadi Sambo on Sunday said efforts were being made to wheel about 20,000 megawatts of electricity for the country to improve power transmission.
A statement by the vice-president’s spokesman, Mr. Umar Sani, quoted Sambo as saying this during a meeting he held with members of the Nigerian-Canadian Association in Toronto, Canada.
Sambo said to achieve the feat, the government had last week approved the release of $3.7bn for the power sector.
“The Federal Government last week approved the sum of $3.7bn to improve power transmission so as to wheel 20,000MW,” the statement quoted him as saying.
Sambo told the gathering that the present administration was committed to the provision of necessary infrastructure.
He added that efforts were being intensified in the areas of power supply, transportation, aviation, Information and Communication Technology, agriculture and the provision of affordable healthcare services.
He also said the administration was addressing educational advancement issues with the provision of good governance.
He called on Nigerians in the Diaspora to come home and be part of the new development.
Sambo appreciated their contributions to national development, adding that it was in recognition of the contributions that a Diaspora bond of N1bn was set up.
The vice-president urged them to key into such a laudable initiative.
Earlier, the association’s President, Mr. Fabian Nwoha, had expressed the desire of the body to contribute positively to the country’s development.
Nwoha, however, said members were holding back due to the reported negative incidences and other vices in Nigeria.
He noted that with the new development being witnessed in the country, citizens in the Diaspora had confidence in the ability of the government to deliver on its promises.
He used the occasion to remind the government of its promise to provide a consular office in Toronto to help ease emerging diplomatic issues.
The Nigerian High Commissioner to Canada, Dr. Ojo Madueke, said the association represented the future that would import their talent and know-how into the country.

Friday, 3 May 2013

This is the History of fuel price increases in Nigeria.

This is the History of fuel price increases in Nigeria by Aliyu Ibrahim
 Gowon - from 6k to 8.45k
 Murtala - from 8.45k to 9k
 Obasanjo - from 9k to 15.3k
 Shagari - from 15.3k to 20k
 Buhari - from 20k to 20k (Price remain the same)
 Babangida - from 20k to 70k
 Shonekan - from 70k to N5
 Abacha - from N5 to N3.25k (Price drops)
 Abacha - from N3.25k to N15
 Abacha - from N15 to N11 (Price drops)
 Abubakar - from N11 to N25
 Abubakar - from N25 to N20 (Price drops)
 Obasanjo - from N20 to N30
 Obasanjo - from N30 to N22 (Price drops)
 Obasanjo - from N22 to N26
 Obasanjo - from N26 to N42
 Obasanjo - from N42 to N50
 Obasanjo - from N50 to N65
 Obasanjo - from N65 to N75
 Yar'Adua - from N75 to N65 (Price drops)
 Jonathan - (New year present) N141
 Jonathan - (After nationwide strike) N97
 Buhari appears to be the only leader that never touched the price of fuel (Increase
 or decrease).
 YAR'ADUA is the only leader who did not increase the price, rather he reduced the
 pump price from N75 to N65 (RIP).

Thursday, 25 April 2013

UTME may not hold in troubled northern states

Joint Admissions and Matriculation Board on Wednesday said the Unified Tertiary Matriculation Examination might not hold in troubled states in the North.
The examination, in which over 1, 735,720 candidates are expected to participate in will hold on Saturday.
Addressing journalists in Abuja, the JAMB Registrar/Chief Executive, Prof. ‘Dibu Ojerinde, said the board “may not hesitate to stop the examination if there is any security problem”.
Responding to a question on security challenges in the country, Ojerinde said, “Yesterday it was a big discussion among some agents as well as JAMB. We believe that things will be all right. You see, we believe that we will surmount the problem.
“If however, there is any problem, we may not hesitate to stop the examination in those areas to the extent that we will now give the children a chance of doing the examination on CBT only.
“If you miss Paper Pencil Test in a challenging area that you cannot do the examination, then you will have to do the next one and that will have to be as from May 18.
“With God, we shall not experience any problem. We have put everything humanly possible in place, we have put this before God, and we believe he is not going to sleep on that day. But if there is a need for postponement in those places, we shall not hesitate.”
There have been reported cases of violence occasioned by the activities of the insurgent group, Boko Haram, in many states in the north in recent time.
Meanwhile, Ojerinde, said the Board had concluded arrangement for its first Computer Based Test in 70 centres across the nation from May 18 to June 1.
The CBT, he said, was an alternative to the Dual Based Test and PPT scheduled for Saturday.
Ojerinde said 1,629,102 candidates applied for the IPT, 15,008 candidates for the Dual Based Test while 91,610 candidates applied for the CBT.
He said the figure for 2013 showed an increase of 231,789 applicants when compared with last year’s figure of 1,503,931 representing an increase of 13.35 per cent.
Ojerinde said 145 visually-impaired candidates registered for the examination while 196 inmates registered for it from Kaduna and Lagos prisons.

Tuesday, 23 April 2013

Portability of Subscriber Identity Module card.“I don port o” – Etisalat ambassador, Hafeez Ayetoro aka Saka, switches to MTN

Saka (Afeez Oyatoro) just upgraded
Hafeez Ayetoro, ace comedian and Nollywood actor, who has become the face of Etisalat for some years now, has switched network from the GSM company he was known with, to telecom giants MTN.
It will be recalled that Hafeez’s face became a part of Etisalat branding for years, I can authoritatively inform you that the Adeniran Ogunsanya College of Education lecturer, was given an irresistible amount of money to switch allegiance.
The advert starts with Saka dressed in green traditional attire, only to transform into a bright yellow attire as he leads a music band.
“I don port o, I don port go MTN. I don upgrade to MTN,” Saka sings and dances.


Thursday, 18 April 2013

Dr. Ngozi Okonjo-iweala Talks To Christiane Amanpour


 
 
Minister of Finance and Coordinating Minister for the Economy, Dr Ngozi Okonjo-Iweala, Tuesday,stated that President Goodluck Jonathan-led administration will produce results in 2013 even as she claimed that the year is going to be a game changer and turning point for the nation. Dr Okonjo-Iweala who was a guest on Amanpour, said this at the Christiane Amanpour current affairs programme aired on CNN.
The minister further stated that that the Jonathan administration is already producing results even as the macroeconomics stability has been restored.
Africa’s most populous nation, Nigeria, is full of promise. But fulfilling that promise is often a struggle.
Plagued by corruption and mismanagement, the resource-rich country has a poverty rate of over 50%.
Maternal mortality is shockingly high and more than half of Nigerians don’t have access to electricity, according to the World Bank.
Ngozi Okonjo-Iweala is the country’s finance minister and the former World Bank official has been lauded as the reformer Nigeria needs.
But she too isn’t immune from Nigeria’s problems – her own mother was kidnapped for a terrifying five days before being released.
President Goodluck Jonathan promised to address corruption in the country. Nevertheless, a former governor – an ally of Jonathan – has been convicted of embezzling million in public funds and has since been pardoned.
“Nigeria does have a problem with corruption and so do many other countries,” Okonjo-Iweala told CNN’s Christiane Amanpour in an interview that aired Tuesday. “I don’t like the fact that when people mention the name Nigeria the next thing they mention is corruption.”
Technology could be the answer the problem, Okonjo-Iweala believes.
“We must build electronic platforms. We must distance people from the money. These things were recommended by the world bank and IMF,” she told Amanpour. “We are doing them.”
President Jonathan is calling for the judiciary, the legislative and the executive arm to meet together about this issue all together for the time first Okonjo-Iweala said.
“Because even if you catch somebody, if they go to courts and they are let off lightly the president can’t do anything about that. The judicial system also has to be strengthened,” she said.
“This is a country of 170 million people; 99.9 percent of them are honest, hard-working citizens who just want to get on with their lives,” Okonjo-Iweala said, proudly. “And they want a government that delivers for them.”
Oil should be Nigeria’s saving grace, but oil leakage causes a significant drain on the economy.
“We are still a poor country,” she admitted. “We can’t afford any leakage.”
On tap of that, there is immense oil theft, which Okonjo-Iweala puts at 150,000 barrels stolen a day. She compared the situation to Mexico, which sees tens of thousands of barrels stolen each day.
“We need them to treat this oil like stolen diamonds. The blood diamonds,” she said – calling on the international community for assistance. “Make it blood oil. Help us so those people don’t have a market to sell this stuff.”
Nigeria is also plagued by problems with its electrical grid.
When the country’s president last appeared on CNN, he told Amanpour, “That is one area that Nigerians are quite pleased with the government, that’s a commitment to improve power. It’s working. So if you are saying something different, I’m really surprised.”
That interview caused an uproar in Nigeria, with many of the county’s very active social media citizens taking to Twitter and Facebook to voice their frustrations with the power grid and President Jonathan’s comments.
Okonjo-Iweala said the power problems all come down to previous government’s lack of investment.
“If you’ve neglected a sector for that long, you’ve not invested, you’ve not even maintained your basic facilities, it’s not going to happen that fast. It takes time,” she said.
While Nigerians often complain of power outages – telling CNN they often have to use generators to watch the news channel – Okonjo-Iweala maintained there has been improvement.
“That month, when you interviewed the president,” she said, referring to Amanpour’s previous interview of Jonathan, “the polls showed, independently, scientifically that they are in technical partnership with dialogue. That 54 percent of Nigerians felt there was some improvement,” she told Amanpour.
“Nigeria is not the only country. Almost every developing country has a problem with power, as you know. India has it. South Africa has it. South Africa is far better off because they’ve invested much more.
But many developing countries, even China, they are struggling with keeping up with infrastructure,” she said.
Okonjo-Iweala said that the administration has accepted that the government is not the best place to run the power sector.
“If we want this country and this economy to do better, we just have to get out. And Nigeria is pursuing one of the most sweeping privatization programs in any country in the world,” she said. “We are selling off everything.”
That said, the lights even went out on President Jonathan during a speech he gave a speech in front of cameras just this past Easter day.
I couldn't upload the video because of the network here. You can download the video here
http://goo.gl/HvIm0