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Monday, 26 January 2015

‘Over 80m Nigerians shun capital market’


Out of about 170million people, the number of Nigerians with
no investments at the nation’s capital market have so far
grown above 80million, it has been revealed.
According to the President of the Chartered Institute of
Stockbrokers (CIS), Mr Albert Okumagba, this lack of appetite
for investment was the reason for the domination of the
market by offshore investors who control over 60 per cent of
its activities.
Recall that the immediate past Director General of the
Securities and Exchange Commission (SEC), Ms Arunma Oteh,
had late last year lamented that the market was not where it
should be, considering the nation’s immense potentials.
“The ratio of market capitalization of listed stocks to GDP in
Nigeria is very low at only 16 per cent, compared with 247 per
cent in Malaysia; 207 per cent in South Africa and 112 per
cent in Brazil. The bond market has a lot of room for growth
with debt-to- GDP ratio at only 11 per cent, compared with
over 200 per cent in Japan; 110 per cent in Singapore; 103 per
cent in the United Kingdom; 103 per cent in the United States
(US) and over 60 per cent in China. The ratio of net asset
value (NAV) to GDP in Nigeria is only 0.2 per cent compared
with 77 per cent in the US; 30 per cent in South Africa and five
per cent in India.”
Describing the situation as unacceptable during a courtesy
visit of capital market community to the acting Director
General of the Securities and Exchange Commission (SEC),
Mounir Gwarzo, in Abuja, Okumagba, lamented that the level
of participation of domestic investors is less than three million
when, ideally, over 80 million people should be in the market.
He added: “Our coverage of insurance assets in Nigeria is not
up to two per cent of insurable assets. If we can increase
from two to 20 per cent and then to 50 per cent, we will be
shocked at the kind of contribution that insurance can make.
For pension, coverage, it is about eight per cent. If Nigerians
that are supposed to be captured by the Pension Reform Act
come on stream, we can do multiples of the N4.7trillion that
has been mobilized. We have opportunities for our own
domestic investors. The pension companies have over $25
billion which they have taken as money. Even though, they
have a room of about 25 per cent to invest, only about 12 per
cent of that has been invested.”
Responding, Gwarzo assured his visitors that the Commission
would continue to ensure that the market remains vibrant in
order to attract investors both locally and internationally. He
promised that the current management would strive to
develop domestic investment from retail and institutional
investors.
“We will step up to reach out to the market and improve
investment. On the international side, what is most important
is the enabling environment. Right now, the rules are very
friendly and that is why we keep changing them from time to
time to suit best practices and attract investors”, he added.
Before her tenure expired early this month, Ms Oteh had
recommended that the market stakeholders should focus on
collective investment schemes to enable more Nigerians
participate in the market growth.

Lazio to Liverpool: Onazi not for sale


The dream of Super Eagles midfielder, Ogenyi Eddy Onazi to
join English Premiership side during the January transfer
window has been cut short by Claudio Lotito, President of
Lazio, who has issued a hands-off warning to Liverpool over
its reported interest in the midfield enforcer.
Onazi, who shone like a million stars for Nigeria at the FIFA
World Cup in Brazil last year has had the attention of Liverpool
for awhile now and it was assumed that the club revived its
interest in the winter transfer market after failing to sign him
last summer.
It had been claimed that Liverpool hoped to clinch the
youngster’s signature by offering striker Fabio Borini in part –
exchange.
But The Biancocelesti supremo expected Eddy Onazi to remain
at the club after the close of the January transfer window.
‘’Onazi is not for sale and I have received offers,’’ Claudio
Lotito told mediasetpremium.it.
‘’Reinforcement in attack? We’ll see, we have different loan
players: I will talk with the coach and we will see what the
market offers.’’
Having extended his Lazio contract last September, Eddy
Onazi is now tied to the club until 2018. The 22-year-old had
appeared in 10 Serie A matches so far this season.

Super-four invitational tourney: We’re ill prepared –Enyimba


The technical crew of the People Elephants, Enyimba FC of
Aba, has admitted that the loss to the Flying Eagles in the
ongoing Super-four invitational tournament at the Abuja
National Stadium has exposed the team’s readiness for next
month’s CAF Champions League.
Speaking in a post-match conference after losing 2-0 to the
Flying Eagles, the assistant coach, Friday Christopher, who
stood in for the chief coach, Kadiri Ikhana, admitted that the
manners the Garba Manu boys ran around them were
indications that the players were match rusty and unfit.
According to him; “Let me start by thanking the organisers of
this championship for doing good thing to us. It wouldn’t
have come at a better time for the team representing the
country than now to ginger us. I have to admit that we have
been resting since the end of the season for one reason or the
other and there has not been any match to play.
“Participating in this championship will really help us. We are
not really thinking about the outcome of the game against the
Flying Eagles because we just needed games to make the
players match fit for the continental tournament. I have to
also admit that the Flying Eagles players are good side and
younger.
“They really proved to our players that they have fitness prob­
lem. Having been in camp for a long time, they have really
proved that they are fitter than us. We are going to come up
with a better team in our next matches and by the time we
finish the matches, we will build a better team for the CAF
tournament,” he noted.
Similarly, coach Manu had expressed desire that he would
want to watch his boys lift the tournament trophy though they
are not yet fully ready for the Africa Youth Championship
(AYC) billed for Senegal, stressing that the trophy would be a
morale buster for his team.
“Our target has always been to win every match we
participate and this will not be an exception. Sincerely
speaking, winning the Super-four will definitely boast the
morale of the team ahead of Senegal 2015 AYC.”

Coach Musa Abdullahi dies, NFF mourns


Former assistant coach of the Super Eagles and handler of the
national U-17 team, Coach Musa Abdullahi has passed on
after his battle with stroke and was buried.
The death of the coach according to the Assistant Director Me­
dia of the NFF, Ademola Olajire occurred yesterday in his
home town in Kogi State where he had relocated to after he
had stroke.
Reacting to the news of his death, the NFF stated: “This is ter­
rible news,” began NFF President Amaju Pinnick, who spoke on
telephone from Equatorial Guinea where he is on official duty
for the Confederation of African Football at the 30th Africa Cup
of Nations finals.
“Coach Musa Abdullahi was known by all who came across
him as a gentleman to the core, a very humble, highly
dedicated and tireless professional who had real passion for
the job. He was just a likeable person in every respect.
“We feel very, very sad to lose him but God loves him more
and he has gone to rest. Our prayer is for Almighty God to
grant him peaceful rest and also grant the family he has left
behind the fortitude to bear the huge loss,” Pinnick stated.
The ever-smiling Musa Abdullahi assisted Coach Fanny Amun
to lead the U-17 National Team to a second FIFA U-17 World
Cup title in Japan in 1993, before leading the team, several
years later, to win the African title in Seychelles in 2001 and
win silver at the FIFA U-17 World Cup in Trinidad and Tobago
the same year. He also served at different times as Assistant
Coach of the Senior National Team, Super Eagles.

Oshoala: Nigeria’ll benefit more –NFF


The move by reigning African Woman Footballer of the Year,
Asisat Oshoala to Liverpool has been described as one that
would open more opportunities for Nigerian women
footballers.
This is the candid view of the Nigeria Football Federation,
acting President, Barrister Seyi Akinwunmi while commending
the player as well as FIFA-badged referee Ferdinand Udoh for
deserved strides they made in the past few days.
According to a release signed by Ademola Olajire, the spokes­
man for the NFF, Asisat’s move will bring about hard work for
women footballers in the country as they would want to do
better to attract foreign clubs.
Oshoala, Most Valuable Player of the FIFA U-20 Women’s
World Cup finals in Canada, and also undisputable choice for
same honour at the African Women Championship in Namibia
last year, signed a professional contract with Liverpool Ladies
Football Club of England.
“The NFF is happy with the selection of Ferdinand Udoh for
the African U-17 Championship in Niger. This underscores
that the integrated efforts we are making for the general
improvement of refereeing in Nigeria has not gone unnoticed
by the organisations that matter.
“For some years now, we have not had a Nigerian centre
referee at major competitions. Now, Udoh is starting with the
U-17, which we know is a stepping stone to further glory and
much greater glory. Let me reiterate that our objective is to
see a Nigerian referee, or referees, officiate at the 2018 FIFA
World Cup finals in Russia.
“We congratulate Oshoala who is definitely the new poster girl
of Nigeria’s women football. Her contract with Liverpool
Ladies will certainly encourage her mates in the National
Team to also put in more efforts to attract the attention of
the best clubs in the world.”
Oshoala was duly crowned the African Woman Player of the
Year and Youth Player of the Year at the Glo-CAF African
Football Awards in Lagos earlier this month, with Nigeria also
claiming the Women National of the Year diadem.

Juwah: NCC national exemplar


According to Branden Beban, Ireland will put a shillelagh into
orbit, Israel will put a matzo ball into orbit and Lichtenstein
will put a postage stamp into orbit before the Canadians will
ever put up a mouse. If am to extrapolate and paraphrase this
summation, Nigeria, through the unprecedented instrumen­
tality of the helmsman of the Nigerian Communications
Commission (NCC), Dr. Eugene Juwah, will exponentially re-
engineer broadband into orbit ahead of any other African
nation. This declaration is not within the threshold of our af­
fective continental leadership, but the service quintessence of
this taciturn engineer.
It is beyond contention that this man has broken with the past
in the revolution of the regulatory and supervisory paradigms
of the telecommunications expansive space in our country. He
has made the function seem as if it had never existed because
of the optimality that has redefined the entire informational
ecology vis-à-vis the telephonic wand of it. The appositeness
of his appointment to the headship of this critical agency of
government has confirmed that it is not only in the organized
private sector that you have men of distinction, commitment
and passion for national service and institutional regeneration
that may be unrivalled years after he had quit with aplomb
and in a blaze of glory, all testamentary to a life of robust
accomplishments and a profundity of inimitabilities.
The latest bestowal of award on January 17, 2015, by The
Sun Publishing Limited on this taciturn and diligent engineer
is testimonious of a life of distinction that is nationally and
globally acknowledged by individuals, professional
associations, sectoral groups and responsible corporate
citizens. The changes Juwah has wrought in Nigeria’s burgeon­
ing telecommunications industry are such that this recognition
and others under way will no longer astound any fellow who
has a measure of familiarity with the mechanics and dynamics
of the information superhighway.
My deep appreciation of today’s subject is informed by my
stint at Globacom Limited as a Public Relations Manager who
by virtue of inter-departmental interactions with colleagues
got exposed to the intricacies of the business and how pivotal
the NCC is to the chemistry of communication on these
shores. I went away with the knowledge that a weak
regulatory leadership could have the potential of undermining
the tremendous investments in this sphere of life. With the
NCC under the astute leadership of Juwah breaking frontiers
and overshooting anticipated economic returns, I now, more
than ever before, understand the present significance and
long-term import of Juwah’s exemplary tenure.
Juwah’s innovativeness in this calling has made the arduous
task look almost ordinary! No more are Nigerians inundated
with consumers’ complaints about service failures and other
multifarious sharp practices by GSM companies as was a
rhyme long before now. With the gusto he brought into the
business, there was no way his scope of influence and control
over the GSM firms would not result in what we are
experiencing now which keeps birthing awards for the brain
behind it all.
The inerasable footprints of Juwah in the telecom firmament
will remain a reference point in our national life and economy
for us Nigerians and other Africans who are also beneficiaries
of Juwah’s magic wand here. His epochal attainments in this
public service are not just transformative but achievements
that will endure and outlive the icons that rooted them,
particularly the NCC captainship.
Another offshoot of the well-deserved honours that come his
way is that they tend to draw more resolution from him as
regards making his turf even better like a man who is not
satisfied with the best of the expectations from the society. He
keeps unfolding novelties that make both parties to be at
peace with each other unlike the adversary relationship that
pervaded the atmosphere some years back. Indeed, the level of
amity among all stakeholders is such that could lead to
suspicion of compromise. Prior to this time, it was like a cat
and mouse interlock with nobody able to track the trajectory
of quality of service, which is the ultimate in this social
contract.
I am celebrating this icon of telecommunications excellence
today not because The Sun just added another feather in his
cap, but because he has brought unparalleled vista to the NCC
office and mandate. I will not bore you with details of his
scholastic and employment antecedents, which could be
sourced from copious channels. His pedigree that is bursting
at the seams compelled me to dedicate this column today to
this visionary man whom I have not met before but has read
so much about him and seen so much, too, of his electrifying
interventions and pace-setting introductions that I could write
a book on him at the NCC without any interface. For me, it
speaks volumes of the trail-blazing substance, character and
prospects of this foremost public servant in Nigeria.
If his contemporaries in other sectors had applied the same
quintessence and candour to their national assignations,
Nigeria would have advanced holistically beyond where it is
today. Alas, the Juwahs in this scorched environment are very
few in a highly corrupt community where public service is
characterized by graft, sleaze and obscene accumulation of
wealth, where men are reckoned with by the amount of ill-
gotten money they amassed while in office than by the quality
of their overall contributions to national transformation, where
value has been so eroded that the Juwahs are hardly
appreciated for ignoring the ways of men and living a life of ac­
countability, probity and piety amid immeasurable service to
our fatherland. Juwah may not know this: his passion for hard
work has become a part of our national entrepreneurial
history. The NCC under his astute leadership will remain
referential as long as humanity subsists.
In your ascendancy on the rungs of the NCC, more awards will
definitely come your way. Let me begin to round off this
tribute with an affirmation that your invaluable contributions
as a telecom regulatory czar and a supervisory emancipator
can never be forgotten now or in the future. The government
and its citizens are taking note of your input here and
elsewhere. I take off my hat to you on The Sun award as I
expect more of such recognition in the months ahead.
I end this impromptu toast with an extract from a racy and
highly interesting article in THISDAY ON SUNDAY of January
18, 2015, by one Kenneth Ugbechie: “The Nigerian public
service has had a nasty history of incompetence, corruption,
administrative tardiness and downright ineptitude. T
he likes of Juwah have come to redefine the public service
space, raising hope in an oasis of despair. The Sun award is,
therefore, a fitting trophy for a man who has rallied his team
to bequeath to Nigerians a robustly competitive and richly re­
warding, both for the consumers and operators.”

Ending fuel importation in 2018


The Minister of Industry, Trade and Investment, Mr. Olusegun
Aganga, has promised an end to fuel importation into Nigeria
by 2018. He spoke during a recent visit to steel fabrication
and power solutions company, Mikano International Limited, in
Lagos. Stopping the importation of oil, he said, will save
Nigeria a minimum of $10 billion.
Reducing the nation’s huge imports bill is, indeed, a desirable
objective. This is more so as the minister confirmed that
Nigeria also spent about $3 billion importing steel and $6 bil­
lion on cars and spare parts imports.
Agaga said the era in which the country relied entirely on the
export of raw materials was over and that with the launch of
the government’s “Industrial Revolution Plan” which began in
2012, Nigeria can no longer be import-dependent, “especially
in products we can produce ourselves.”
In apparent reference to the crash of crude oil price in the
world market, he noted that “we have identified 13 products
that will replace oil. These are areas where Nigeria has
comparative advantage and export capacity. Mexico did it
(diversified its economy and revenue base) in seven years.”
We would, indeed, have loved to share the minister’s optimism
on the 2018 target for ending fuel importation. Of all the areas
in the nation’s economy in which Nigerians feel let down by
successive governments, none hurts as much as the fact that
the country still imports a lot of its fuel in spite of being the
8th largest producer of oil in the world. Fifty-seven years after
the country commenced oil exports, the country cannot refine
enough oil to meet local demand.
This is in spite of having built four oil refineries. These
refineries were built with heartbreaking indifference to the
need for their maintenance and technology transfer. In other
countries, a contract to build a petroleum refining facility
would automatically come with a technical agreement to
enable the citizens eventually run, repair, and maintain the
facility on their own. It would also include building up skills
which would enable the country build new refineries on its
own if it so needs.
Instead of this, billions of naira are spent on the “turn-around
maintenance” of the refineries, in spite of which the refineries
run at about 25 per cent of their capacities. At the time the
second Port Harcourt Refinery was conceived, it was to refine
products for export, since the other three refineries were
considered adequate for Nigeria’s domestic needs. And, as
domestic needs increased with greater population and much
more robust industrial activity, the country’s planners ought to
have factored the increase into national planning.
Previous efforts to build more refineries have failed, including
the one involving the issuance of one dozen or so licences to
different companies, authorising them to build independent
refineries. The situation seems to have become so desperate
that the country, at a point, began negotiations with Niger
Republic to supply refined products to Nigeria.
At the moment, the Dangote Group which is planning a refin­
ery has promised Nigerians that in 2016, the percentage of pe­
troleum products that would be imported would be reduced
and might disappear altogether in 2018.
If this is the basis for the minister’s optimism, let everything
be done to make the plan a reality. The percentage of
Nigeria’s oil requirement that is imported is small, but the $
10 billion saving we can make from stopping the importation
could change the lives of millions of Nigerians if deployed
elsewhere in the economy.
The benefits of ending the importation of fuel are so obvious,
they do not need repeating. But, the people need to know the
basis for the optimism and the plan to achieve it to help keep
the government on track. Nigerians truly wish that we do not
have to import refined petroleum products.
The government should set benchmarks for the plan to stop
oil imports and institute measurable project evaluation tech­
niques, if only to restore the faith of Nigerians in its ability to
make the initiative a reality.

I want collabo with Tuface–Peejay, Tuface’s look alike


Budding artiste, Edozie Peter Chigozie aka Peejay, has dropped
a brand new single entitled Pronto and with a striking
resemblance to top Nigerian music star, Tuface Idibia, Peejay
says he is determined to follow in the footsteps of his look
alike.
In a chat with The Entertainer, the new kid on the block said:
“Pronto is a song every music lover would love to listen to. It
has soothing lyrics and good beats to make you nod and be
tempted to hit the dance floor. It’s a song beckoning on all
the ladies to follow me pronto!”
Peejay who cut his teeth as a Serengeti Records sign on says
his style is a fusion of R&B, pop, highlife, Afro pop and
dancehall. He has also worked with the likes of OJB Jezreel,
Dr frabz, Hakym, Eclipse and the late Dagrin.
“It would be a very big achievement for me to get Tuface
Idibia to feature in my songs; he is my mentor. I have actually
met him before and he spoke to me like a father. He gave me
an advice that would last me for a life time,” the act said,
opening up on his dream.

Excitement as Nigerian Idol returns


All is set for Nigeria Idol Season 5 as Optima Media Group and
Etisalat Nigeria have unveiled the 2015 edition with the
announcement of the commencement of the new season at an
event held at MelaRossa, Ikoyi, Lagos.
Speaking at the launch, the Executive Director of Optima
Media Group (OMG), Ugochi Pedro noted that the reality show
has established its mark as a leading talent hunt platform
providing needed opportunities for budding music stars to be
discovered and nurtured to stardom.
“For five years running we have been on this interesting
journey of changing lives and helping people achieve dreams.
The key thing for us is to see these discovered talents become
the real stars they are designed to be. We are taking this
commitment to a new level this season. Nigerians can expect
many exciting moments ahead,” Pedro said.
Speaking, Enitan Denloye, Director, Brands & Experience,
Etisalat, said that this edition is ‘a season of differentiation’
that will raise the bar in every aspect of the show.
To date, Nigerian Idol has had winners like Yeka Onka, Mercy
Chinwo, Moses Adigwe and Zebili Evelyn (Evelle). Meanwhile,
three celebrity judges have been unveiled for the season. They
are Afro beat singer, Dede Mabiaku, Yinka Davies and R&B
crooner, Dare Art Alade.
The eventual winner goes home with N7.5 million cash, a
brand new car and a record deal worth N7.5 million. Auditions
are expected to continue with Port Harcourt playing host on
January 16 through January 18. The Nigeria Idols train will
also visit Abuja, Ibadan and Lagos.

MGGO contestants battle in Lagos makeover


It was excitement all the way on this week’s episode of Malta
Guinness Game On (MGGO); both teams (Team Fashion and
Team Football) currently with four members apiece strove
again to determine who would come out tops in the series
powered by Malta Guinness. The contestants were challenged
to uplift their community and show that passion could also
impact on one’s environment.
For Team Fashion, the task was to refurbish a boutique,
design and create ready-to-wear clothes as well as organize a
runway show to showcase the designs. Team Football on the
other hand was divided into pairs and challenged to costume
and coach two teams of amateur footballers into more
disciplined sides as well as upgrade a football facility within
the community.
Team Fashion got to work together with their captain, Lanre
Da Silva Ajayi, putting out eclectic designs that became the
framework for magnificent dresses. They were assisted by
tailors from the community and models to showcase their
designs.
Nigerian ex-international, Daniel Amokachi, led Team Football
to work on giving the Razak Balogun pitch in Surulere a
makeover and organized two sides that played a football
match which ended 1-1.
Football fans, fashion lovers and other members of the
Surulere community who turned out en masse for the event
voted but this time, it was a tie.
All eight contestants will go into next week’s grand finale with
the chance of winning fabulous prizes. To vote for the passion
of your choice, go to facebook.com/MaltaGuinness. The final
episode airs next Sunday.

Sunday, 25 January 2015

Terry G Shows Off His Huge Super Power Bike [See Photo]


Ride on Akpako Master

Statement by GEJ regarding meeting with U.S. Secretary ofState John Kerry


The State House press release below...
It was a pleasure to welcome Secretary John Kerry to
Nigeria. We had a candid and constructive discussion
about a broad range of issues.
Nigeria is a vibrant democracy and the largest trading
partner of the United States in Africa, with more than $
18 billion in bilateral trade. Our countries and peoples
share a mutual admiration for each other and a deep
commitment to freedom, democracy, and human rights.
This is why we are together engaged in a struggle against a
common enemy that promotes terror, fear, division, and
violates human rights, most especially of women and girls,
with complete impunity. Winning the fight against Boko
Haram in Nigeria and West Africa is absolutely essential to
beat back the tide of religious extremism around the world.
Our security forces have been working tirelessly and
courageously to achieve this goal. I reaffirmed for Secretary
Kerry that Nigeria is strongly committed to building the
multinational task force to fight Boko Haram in partnership
with Cameroon, Chad, Niger and Benin Republic under the
auspices of the Lake Chad Basin Commission. Indeed, I called
publicly for such a regional approach at the African leaders
summit in Paris in May 2014 and more recently in multilateral
meetings.
We are pleased that the international community is now
strongly united behind this initiative and agree that its
success is critical. It is equally important that the
multinational force receives the significant support that is
required to address the threat through our global partners.
The United States, more than any other country in the world,
has the most experience fighting armed insurgencies. And
having suffered the devastating attacks of 9/11, its people
also understand the insecurity and fear that is the reality for
the vast majority of peaceful, tolerant Muslims and Christians
in North Eastern Nigeria.
This is why I firmly believe that enhancing and expanding
various channels of cooperation between our two countries, in
the context of growing international coordination, are of the
utmost importance. I discussed a number of ideas with
Secretary Kerry to move such cooperation forward.
We are grateful to the United States for standing with Nigeria
and its people in our fight against Boko Haram. I reaffirmed
our strong commitment to working together with the United
States to put an end to global terrorism and particularly Boko
Haram. Nigeria will also work to deepen and consolidate our
bilateral relationship with the United States.
I emphasized to Secretary Kerry that I am deeply committed
to ensuring that our forthcoming election is free, fair, and
credible. It is especially critical that all political parties abide
by the Abuja Accord, which commits each to non-violence
before, during, and after the election.
I made it absolutely clear that the May 29th handover date is
sacrosanct. In addition, the Government will provide all
resources that are required by the Independent National
Electoral Commission to ensure that the election goes
smoothly. I also emphasized that INEC is an independent
body, which makes its own decisions without any interference
from the Government.
Goodluck Ebele Jonathan, GCFR
President
Federal Republic of Nigeria
January 25, 2015

Photo of late Saudi King Abdullah and his thirty wives


Late Saudi Arabia's king Abdullah bin Abdulaziz who has
passed away on Jan. 22nd, had 30 wives. He's pictured with
some of them!

All ya people that watch porn in Nigeria, get in here! FG isplanning to ban it


The National Security Adviser, Col. Sambo Dasuki (retd.), says
the Federal Government is planning to introduce a law that
will ban and block all porn websites in the country. He stated
this at the closing ceremony of a three-day workshop on use
of social media organised for Islamic preachers, Imams and
youths in Kaduna on Sunday.
The News Agency of Nigeria reports that the workshop, which
was organised by the national body of Izalatil Bid’a
Wa’iqamatis Sunna, aimed at correcting anomalies in the use
of social media.
Dasuki, who was represented by the Minister of Special Duties,
Alhaji Kabiru Turaki, said,
“Government is planning to ban and block websites that
inculcate negative attitudes in our children but we need a
law to support such move. Because without a law,
people can go to court and claim infringement on their
rights.”

Gusau did not attend Katsina College with Buhari - Fani-Kayode


Spokesperson of the PDP Presidential campaign organization
has denied claims earlier made by some online publications
that the Minister of Defence Gen Aliyu Gusau had come out to
say Gen. Buhari passed his Cambridge/WASCE examination in
1961 and that they attended Katsina College together.
According to Fani-Kayode the false report was a bid by the
opposition to cover the wrongdoing of their presidential
candidate, Gen Buhari who is currently in a certificate
controversy.
Part of Femi Fani Kayode statement reads;
"This is pure falsehood and crass disinformation, and it
is indicative of the type of shameless desperation and
propaganda that the opposition are now indulging in.
Not only did General Gusau not attend any school with
General Buhari or go to Katsina College but he has also
never sought to defend or absolve him in the ongoing
controversy about his school certificate.”it read
Source: Thisday

Boko Haram: Presidential convoytrapped in Maiduguri


President Goodluck Jonathan’s advanced team to the
Borno State capital Maiduguri, for the presidential
campaign that held on Saturday is trapped and currently
taking refuge at the Department of State Security (DSS)
command, following the attack on the city by Boko
Haram.
Those trapped are the media, security and medical
teams.
One of the trapped persons when contacted said that
both the military and civilian Joint Task Force (JTF)
were able to repelled the insurgents that had attempted
to take over control of Maiduguri and several other parts
of the state.
The President’s convoy had arrived the town on Friday
after being escorted for about 10 hours by about 10
heavily armed soldiers from Bauchi
They were billed to return to Abuja on Saturday after the
PDP campaign rally which took place at Ramat square
but stayed on the advise of Joint Task Force.
The source when contacted at about 11.40 a.m said, “we
are hiding at the DSS state command with serious
fighting going on between the insurgents and security
personnel. Security men are battling to repel the
insurgents.”
When contacted again at about 2:14p.m, he said that
Maiduguri has come under full control of Security
personnel but the security personnel were still working
on the roads and villages.
“They say they have to comb the bushes to get rid of
the insurgents and they said they might not finish today.
Meaning that we cannot leave today (yesterday)”.
According to the source, the entire convoy of the
President remains a major target of the insurgent who
are bent on attacking the team in order to embarrass the
presidency.
“Those trapped are in the president’s team are members
of the media crew, medical and security personnel. The
Protocol team took a risk and left on their own, that was
before the terrorists started advancing. We wanted to
join them but we were warned by the security guys. The
Protocol vehicle believe it’s riskier to join convoy
because it will attract the attention of the Boko Haram.
We are now regretting why we didn’t follow them. ” He
said.
The source when contacted again at 14:54 p.m said,
“Maiduguri just came under some calm now, so we were
able to get food in a nearby bus park. We are Still in the
neighbourhood of the DSS office anyway.
“The security people said they have chased the
insurgents out of town. They also attacked Konduga
which has now been reclaimed with heavy casualties on
the part of Boko Haram”.
The airport at Maiduguri is not yet open to commercial
flights. The presidential convoy had to travel of 10 hours
to Maduguri from Bauchi.

Photos: US Secretary of State, John Kerry, meets GEJ, Buhari

US Secretary of State John Kerry arrived in Nigeria today January 25th for meetings with Nigerian President Jonathan. He also met with Gen. Buhari and APC chieftains. More pics after the cut..




And then he met Buhari and APC Chieftain...


When he arrived...

 Photo credit: US Department of state

John Kerry arrives Lagos in 13 bullet proof suburban convoy as he holds talks with GEJ, Buhari

US Secretary of State John Kerry arrived Nigeria today to hold talks with Pres. Jonathan, Buhari and APC leadership about next month's elections as well as the issue of insecurity in Nigeria. Sunday Dare who shared the pics and tweets is a media aide to APC chieftain, Bola Tinubu. More when you continue



Boko Haram reportedly captures Monguno village

According to reports, members of Boko Haram sect have captured Monguno village in Borno state after attacking the area very early this morning. They also attempted to attack the state capital, Maiduguri, but was repelled by the Nigerian military. There's a 24-hour curfew there right now.

Lol. See what Basketmouth just posted on instagram

Looks like it's a costume for a hosting gig...

"I was so scared to let the world know I was pregnant for a younger man" Toyin Lawani shares moving story

She shared this on instagram this afternoon

I remember when I got pregnant I was so scared to let the world know, No 1 had a clue until they saw me on the runway at Africa fashion week London,was almost 8months then,I used to worry Alot abt what people would say if i had a baby for someone younger, My Boo would Beg me endlessly and say my love care not I'm by your side, His parents where so Amazing and supportive,i was so shocked cause I didn't expect that kind of love and support, I almost didn't want to go through with it, severally I would change my mind,I will sit in d hospital thinking endlessly should I or should I not.
my doc will say Toyin its just 9months ,A positive voice constantly kept telling me My love when you meet this bundle of joy in your stomach you will not care ....And Alot of negative voices kept begging me to take it out that it was a bad idea,Well Imagine if I had listened to the world or if I was too scared to carry on cause of what people will say?...I would have missed out on this Beautiful Blessing....My son is the most handsome Boy ever I've ever seen and so is my Beautiful daughter...

Happy Sunday yall Don't let voices of others make you kill your Blessings,Believe in Yourself and ask God for help cause he's the only man that can get you there....Too many kill Joy in this so called Nigeria but im sorry to burst your bubble,i dont Give a Shit about wht society think ,i came to this world Alone and im Going Alone,Live your life to the fullest cause oneday you will look back and realize u missed out on all the things u could have done for urself ,just because you cared too much about wht society would say or Think abt u....Anytime I feel down I look at my kids @lilatmfashionista and @lordmaine1 and all I do is Smile..went thru Alot but through it all only one person stood by me @lordtrigg Thanks for this Blessing...Even my so called Bestfriend told me ah toyin if u leave ur ex u will suffer oo and i told her hey dear dont forget i have my talent and handwork ,i will just suffer for a while,I thank God that I don't look like what I've been tru..I Thank God for his continous Blessings on my life and family #ATMFASHIONISTA #HAPPYSUNDAYALL

Obama speaks on missing Chibok girls, says Nigerian govt has not been as effective as it needs to be

President Obama was recently interviewed by YouTube stars, Bethany Mota, GloZell Green & Hank Green and one of the questions he was asked was about the missing Chibok girls and efforts by the US government to rescue them. What he said below...
"As people may or may not know, Boko haram is a radical, violent, terrible extremist organisation in Nigeria. It kidnapped 200 young women and there are in many cases still being held. What we tried to do is to help the Nigerian government deal with the problem. The Nigerian government has not been effective as it needs to be in not only finding the girls but also stopping these extremist organization from operating in their territory. What we have tried to do is to mobilize other countries to try to give the Nigerian government more resources, not just military equipment but also better intelligence. A lot of them to track where these folks are and try to stop them" he said

Radisson Blu Hotel Shuts Down to Conduct Extensive Renovation

The 5-star, water-front Radisson Blu Anchorage Hotel, Victoria Island, Lagos, has shut down operations to conduct extensive renovation of its facilities, as part of its Management’s commitment to retain standards & remain the hotel of 1st choice for guests visiting Lagos, for business or pleasure.

According to an official statement by Anchorage Leisures Limited, owners of the hotel, the extensive renovation of its facilities will “cover areas such as power generation, cooling system as well as other critical equipment”. “The magnitude of the renovation work has however necessitated shutting down of business operations for the duration of the renovation”, the statement further indicated.

The Management of Anchorage Leisures Limited has also said that the renovation activities have led to disengagement of staff given the required duration for the renovation. Management however stressed that it will abide by all contractual terms by ensuring payment of all that is due to the staff. Maintaining its appreciation for its people, the Management of Anchorage Leisures noted its commitment to welfare of its staff. Even when we experienced very low patronage during the Ebola crisis in Nigeria, we retained all our staff, however, the magnitude of this renovation work has compelled a total shut down of business activities.

The Management of Anchorage Leisures has however assured its numerous guests in Nigeria and across the world that Radisson Blu Anchorage Hotel, Victoria Island, Lagos, will re-open with increased focus on delivery of superior quality service. “We are mindful of our position as a premium hospitality brand and we will continue to do everything required to maintain our premium standard and ensure our guests are treated to the best-in-class hospitality services available anywhere in the world”, the statement added.

About Anchorage Leisures Limited Anchorage Leisures Limited was founded to promote hospitality, tourism and culture through active participation and strategic partnerships with global leaders in hospitality industry. Anchorage Leisures is the owner of the 170-room, 5-star Radisson Blu Anchorage Hotel, Victoria Island, Lagos.

Pastor Paul Adefarasin gets brand new G-Wagon as birthday gift

Head Pastor of House on the Rock Pastor Paul Adefarasin got a brand new Mercedes Benz G-Wagon G63 from people in his church as he turned 52 today January 25th. He got this brand new SUV weeks after he gave a singer in his church a Range Rover SUV.

More photos from Pres. Jonathan's meeting with Nollywood stars

The private meeting took place last night. See more pics after the cut...