Headlines

Nigeria’s debt profile may hit $25bn in 2015

Posted by admin Headlines Tuesday, October 2nd, 2012

The Debt Management Office gave an indication on Tuesday that the country’s total debt profile might hit $25bn by 2015. The figure covers both local and foreign borrowing. The Director-General of the DMO, Mr. Abraham Nwankwo, had met with the House of Representatives Joint Committee on Finance/Legislative Budget and Research/National Planning and Aid, Loans and […]

Minister uncovers 2000 hoarded PHCN transformers

Posted by admin Headlines Tuesday, October 2nd, 2012

The Federal Government said on Tuesday said that it had discovered more than 2000 transformers being hoarded by officials of the Power Holding Company of Nigeria. Minister of State for Power, Mr. Darius Ishaku, discovered the hoarded transformers and other power equipment during a recent visit to the PHCN Central Stores at Shogunle, Lagos, according […]

As the 2012 US presidential debate begins

Posted by admin American Politics, Headlines Tuesday, October 2nd, 2012

As the first 2012 United States televised presidential debate holds today, Temitayo Famutimi examines how the encounter between the White House contenders will influence the election. The first televised United States presidential debate took place in 1960 between John F. Kennedy of the Democratic Party and Richard Nixon of the Republican party. Those who watched […]

Opinion: Nigeria at 52: Is government afraid of Boko Haram?

Posted by admin Headlines Tuesday, October 2nd, 2012

Independence from colonial or imperial powers can be achieved in one or a combination of ways: through armed struggle as was the case in Zimbabwe and Algeria; through negotiated settlement as was the case in Nigeria, Zambia, and Ghana; or through a combination of the former and the later methods — as was the case […]

Gunmen kill 23 students, others in Adamawa

Posted by admin Adamawa, Headlines, State News Tuesday, October 2nd, 2012

GUNMEN midnight Monday stormed an off-campus residence of students of the Federal Polytechnic, Mubi, Adamawa State, and shot dead 23 students. Also, three other persons, including a retired soldier, a guard and father of a student, lost their lives in the orgy of killing with a total of 25 felled victims. The murdered students were […]

Wanted oil marketers refuse to surrender to EFCC

Posted by admin EFCC Politics, Headlines Tuesday, October 2nd, 2012

The three oil marketers declared wanted by the Economic and Financial Crimes Commission over the fuel subsidy scam have yet to surrender themselves, it was revealed on Tuesday. Spokesman for the anti-graft agency, Mr. Wilson Uwujaren, confirmed to our correspondent that the marketers were still on the wanted list of the EFCC. He said, “The […]

Nigeria has not imported cement in 9 months —CMAN

Posted by admin Headlines Monday, October 1st, 2012

The Federal Government’s resolve to make Nigeria self-sufficient in cement production has, so far, yielded positive results, as the Cement Manufacturers Association of Nigeria (CMAN) has stated that Nigeria has not imported cement since the beginning of the year. Speaking at a forum in Calabar, Cross River State, at the weekend, president of CMAN, Mr Joseph […]

Nigeria not worst place to live —Fashola

Posted by admin Headlines, Lagos, State News Monday, October 1st, 2012

The Lagos State governor, Mr Babatunde Fashola, at the weekend, said the challenges confronting the nation should be seen as building blocks to greater things, calling on the country to take advantage of Africa as the next investment destination to reclaim her pre-eminent status. He stated that the country was not the worst place to live […]

Dana Air crash victim demands N500m compensation

Posted by admin Aviation, Headlines Monday, October 1st, 2012

IT may not yet be uhuru for the management of Dana Air though it has been allowed to resume operations after the June 3, 2012 crash of the airline’s MD 83 plane that killed over 160 people. This became obvious as one of the owners of the warehouse and duplex that the aircraft crashed into, Pastor Daniel […]

Nigeria at 52: Akinjide, Lar, Obahiagbon, others speak •Jonathan declares one year prayer project

Posted by admin Headlines Monday, October 1st, 2012

IT was commendation and condemnation galore from various prominent leaders for the Nigerian nation as it attains 52 years of independence today, even as Chief Richard Akinjide, a Senior Advocate of Nigeria (SAN), said that the country is moving forward. Speaking with Nigerian Tribune on Sunday, Akinjide, who was the Attorney General and Minister of […]