Before going into the real business of the day, I would like to warn that if you are one of those that take pleasure in defrauding people, I don’t think this useful piece of information is for you.
Secondly, don’t force yourself into any business that you know too little about, because you will find it difficult to make much progress in that business. It is also important that you have a genuine interest for anything you wish to start both online and offline.
Most importantly, try to gather the necessary skills required to excel in any business you wish to start.
Let nobody deceive you, you must show some commitment and hardwork for you to make great progress online. The major difference between working online and offline is that you decide how and when to work online in most cases.
Working online is great because there is nobody to query you or boss you around, and you have the opportunity of getting involved in many opportunities in the shortest period of time.
As a Nigerian, instead of wasting a lot of time on the internet seeking whom to defraud, you can use less time to achieve great things.
Some of the genuine online opportunities you can start today include Blogging, article publishing, affiliate marketing, commodities trading, forex trading, options trading, or you can also join the revenue sharing system organized by Google known as Google adsense.
All the above are some of the genuine ways of earning online especially as a Nigerian, but the most important thing is to acquire the necessary skills needed to excel in each of them. For this reason, I have packaged an e- book that will help you to excel in blogging, article publishing, affiliate marketing, etc, and I am also giving out Forex tutorial manual, a guide on how to make money from the Nigerian Stock Market, Google adsense blueprint and two powerful motivational books as bonuses for purchasing this simple but powerful e-book “THE AFFILIATES GUIDE”
Inside this book, you will learn how to become a better affiliate and make consistent income from affiliate commissions; how you can use a free blog to earn great income; how to earn from publishing articles online, the easiest ways to attract visitors to your webpage, how you can easily sell your own products to greater number of people, etc. Don’t forget that this e- book comes with mouth- watering bonuses that you cannot afford to miss.
This package with all the bonuses will only cost you 2,000 naira(two thousand naira)- the cheapest you can ever get considering the quality of the e-book and the bonuses that come with it.
What you need to start;
• The skills which the e-book will provide.
• A computer with an internet connection.
HURRY AND GRAB A COPY BECAUSE IF YOU DELAY, IT COULD BE DANGEROUS. USE THE PAYMENT DETAILS BELOW TO ORDER FOR YOUR COPY.
Payment details:
Oceanic bank international Plc.
Acct no: 0050001022931.
Acct name: Asiegbu, Tochukwu Ebuka.
After payment, text your name, e mail, teller no to 08064004963 or send a mail to (asiegbutch@yahoo.com) with the subject "Affiliate", and your copy will be forwarded to your e mail address immediately the payment is confirmed.
Have a great online money making experience!!!
Tuesday, May 25, 2010
Jonathan orders probe of projects in 2010 budget
President Goodluck Jonathan has directed the Presidential Projects Assessment Committee to probe some projects listed for execution in the 2010 budget.
The directive followed a discovery that the controversial contract for the Nnamdi Azikiwe International Airport, Abuja second runway project was overvalued by N13.5bn.
The PPAC, at a news conference in Abuja on Monday, said it reduced the contract sum from N63.8bn to N49.6bn, after “a meticulous assessment of the scope and design of the project.”
Receiving the report of the committee, Jonathan said he believed that a probe of some of the budgeted projects would yield similar results.
The President also directed that the PPAC’s assignment should be extended from March 1, 2010 to May 29, 2011, the date his administration’s tenure would end.
Reports on about 7,000 projects assessed by the committee are to be submitted to Jonathan and made public on a regular basis.
The reports will form part of the handover notes of the Jonathan administration.
Presenting the report on the airport, the Chairman of the PPAC, Mr. Ibrahim Bunu, said the committee paid special attention to the project because of the interest the contract sum generated shortly after hearings on the matter by the National Assembly.
He explained that the size of the second runway had been reduced from 4.5 kilometres to 4.25 kilometres.
Bunu later told journalists that the reduction of the contract sum did not imply a reduction in the quality of the project.
He said, “Our presence in the Villa today (Monday) was to present to the President our interim report called ‘Interim Report One,’ which covers the second runway of the NAIAA.
“The contract for the runway, which includes design and construction, has generated a lot of public interest and criticism of recent, especially from the National Assembly, and we had to hasten the conclusion of this report for government.
“What we have done in the review of the project was to review the entire design and scope of the contract by re-orientating the location of the runway; that has given us a lot of opportunity to reduce the scope of earth work and construction work.
“It has also given us the reduction in scope of the electrical and even the runway; and therefore we have been able to save a substantial sum on the contract sum.
“The contract sum, which was N63.8bn, has been reduced to N49.6bn, with a saving of N13.5bn on the contract sum. This what we have presented to the President.
“We are happy that the President is happy with our report and we hope the next stage of the project will be good for Nigeria.
“We shifted the original position of the runway to a location which gives stronger earth stability and also require less filling of sand.
“Also, the shifting brought the runway nearer to the existing runway, which has resulted in reducing the taxiway.”
Explaining further, the Special Adviser to the President on Media and Publicity, Mr. Ima Niboro, said Jonathan extended the PPAC’s tenure, and directed the committee to probe some projects in the 2010 budget.
According to Niboro, the President has a strong belief that tremendous savings would be made from a probe of some of the projects in the 2010 budget, particularly “below the radar procurements” that do not pass through the Bureau for Public Procurement.
Niboro said, “You have noticed that the committee has made savings of about N13.5bn on the Abuja airport second runway project. This is one of the roles this committee is meant to play.
“At the meeting today (Monday), the President directed that the tenure of this committee be extended till May 29, 2011; it will go with this administration.
“Its report will be part of the handover note to the new administration that will come on board.
“The reason for this is obvious; the projects are much and already they have looked at 7,000 projects and there are more. The President doesn’t want a situation where they will be loading him with huge reports. He would rather want them to be coming from time to time, especially regarding major projects, as they have done with the Abuja airport second runway project.”
Niboro also said that Jonathan was concerned with the unusually high rate of public procurement in Nigeria, which “is unnecessarily higher than what is obtainable in neighbouring countries.”
He said, “Another thing that the committee is to look into is the cost of doing business in the country.
“The President wants this committee to get involved in procurement, especially those that are below the radar procurements that does not necessarily go through the BPP.
“A lot of procurement is happening in the ministries, departments and agencies of the Federal Government that does not come to the BPP. I think there is a need to look at them because the 2010 budget is already in deficit and the President feels there will be a lot of savings made if we look into those projects.
“The committee is going to get involved in this process and these are the reasons why its tenure has been extended, so that its members can have time to do a thorough job for this administration.”
Jonathan had on March 1, 2010 set up the committee, to assess the status of all on-going federal projects in the country.
The directive followed a discovery that the controversial contract for the Nnamdi Azikiwe International Airport, Abuja second runway project was overvalued by N13.5bn.
The PPAC, at a news conference in Abuja on Monday, said it reduced the contract sum from N63.8bn to N49.6bn, after “a meticulous assessment of the scope and design of the project.”
Receiving the report of the committee, Jonathan said he believed that a probe of some of the budgeted projects would yield similar results.
The President also directed that the PPAC’s assignment should be extended from March 1, 2010 to May 29, 2011, the date his administration’s tenure would end.
Reports on about 7,000 projects assessed by the committee are to be submitted to Jonathan and made public on a regular basis.
The reports will form part of the handover notes of the Jonathan administration.
Presenting the report on the airport, the Chairman of the PPAC, Mr. Ibrahim Bunu, said the committee paid special attention to the project because of the interest the contract sum generated shortly after hearings on the matter by the National Assembly.
He explained that the size of the second runway had been reduced from 4.5 kilometres to 4.25 kilometres.
Bunu later told journalists that the reduction of the contract sum did not imply a reduction in the quality of the project.
He said, “Our presence in the Villa today (Monday) was to present to the President our interim report called ‘Interim Report One,’ which covers the second runway of the NAIAA.
“The contract for the runway, which includes design and construction, has generated a lot of public interest and criticism of recent, especially from the National Assembly, and we had to hasten the conclusion of this report for government.
“What we have done in the review of the project was to review the entire design and scope of the contract by re-orientating the location of the runway; that has given us a lot of opportunity to reduce the scope of earth work and construction work.
“It has also given us the reduction in scope of the electrical and even the runway; and therefore we have been able to save a substantial sum on the contract sum.
“The contract sum, which was N63.8bn, has been reduced to N49.6bn, with a saving of N13.5bn on the contract sum. This what we have presented to the President.
“We are happy that the President is happy with our report and we hope the next stage of the project will be good for Nigeria.
“We shifted the original position of the runway to a location which gives stronger earth stability and also require less filling of sand.
“Also, the shifting brought the runway nearer to the existing runway, which has resulted in reducing the taxiway.”
Explaining further, the Special Adviser to the President on Media and Publicity, Mr. Ima Niboro, said Jonathan extended the PPAC’s tenure, and directed the committee to probe some projects in the 2010 budget.
According to Niboro, the President has a strong belief that tremendous savings would be made from a probe of some of the projects in the 2010 budget, particularly “below the radar procurements” that do not pass through the Bureau for Public Procurement.
Niboro said, “You have noticed that the committee has made savings of about N13.5bn on the Abuja airport second runway project. This is one of the roles this committee is meant to play.
“At the meeting today (Monday), the President directed that the tenure of this committee be extended till May 29, 2011; it will go with this administration.
“Its report will be part of the handover note to the new administration that will come on board.
“The reason for this is obvious; the projects are much and already they have looked at 7,000 projects and there are more. The President doesn’t want a situation where they will be loading him with huge reports. He would rather want them to be coming from time to time, especially regarding major projects, as they have done with the Abuja airport second runway project.”
Niboro also said that Jonathan was concerned with the unusually high rate of public procurement in Nigeria, which “is unnecessarily higher than what is obtainable in neighbouring countries.”
He said, “Another thing that the committee is to look into is the cost of doing business in the country.
“The President wants this committee to get involved in procurement, especially those that are below the radar procurements that does not necessarily go through the BPP.
“A lot of procurement is happening in the ministries, departments and agencies of the Federal Government that does not come to the BPP. I think there is a need to look at them because the 2010 budget is already in deficit and the President feels there will be a lot of savings made if we look into those projects.
“The committee is going to get involved in this process and these are the reasons why its tenure has been extended, so that its members can have time to do a thorough job for this administration.”
Jonathan had on March 1, 2010 set up the committee, to assess the status of all on-going federal projects in the country.
Thursday, May 20, 2010
Conoil discovers huge gas reserve in Niger Delta
Conoil Producing Limited, Nigeria’s leading indigenous petroleum, exploration and production company, has discovered huge deposits of gas in the central part of its Oil Mining Lease 136 (OML-136) in offshore western Delta of Nigeria.The company made the discovery in Agge-3B. T1 well while appraising an undrilled compartment of the Agge field complex. The well was located in a water depth of 140 metres and reached a total depth of 2,710 metres, below mean sea level. The newly discovered gas reserve has a gross thickness in excess of 160 metres.
Reports said that the production test over the lower intervals of the new pay zones yielded an impressive volume of 24.2x MMScft/d on a 36/64" choke. Further ongoing studies will assess the impact of the Agge-3B, T1 results on the field reservoir and in addition to other discoveries, provide available options for the development of the block. Conoil Producing Limited is the operator of the Joint Venture in which Total Exploration and Production Nigeria Limited (TEPNL), a subsidiary of TOTAL S.A owns a 40 percent working interest in the license.
Conoil was awarded the oil block OML 136 (formerly OPL 458) in 1992, after the company had successfully proven itself as a major indigenous player in a sector that was hitherto dominated by foreign companies.
Conoil has over the years, built up a broad based experience and extensive competence relating to the exploration, development and production of crude oil and gas fields as well as the operation of production units and pipelines.
HOW TO START MAKING MONEY ONLINE AS A NIGERIAN IN GENUINE WAYSHOW TO START MAKING MONEY ONLINE AS A NIGERIAN IN GENUINE WAYS
Before going into the real business of the day, I would like to warn that if you are one of those that take pleasure in defrauding people, I don’t think this useful piece of information is for you.
Secondly, don’t force yourself into any business that you know too little about, because you will find it difficult to make much progress in that business. It is also important that you have a genuine interest for anything you wish to start both online and offline.
Most importantly, try to gather the necessary skills required to excel in any business you wish to start.
Let nobody deceive you, you must show some commitment and hardwork for you to make great progress online. The major difference between working online and offline is that you decide how and when to work online in most cases.
Working online is great because there is nobody to query you or boss you around, and you have the opportunity of getting involved in many opportunities in the shortest period of time.
As a Nigerian, instead of wasting a lot of time on the internet seeking whom to defraud, you can use less time to achieve great things.
Some of the genuine online opportunities you can start today include Blogging, article publishing, affiliate marketing, commodities trading, forex trading, options trading, or you can also join the revenue sharing system organized by Google known as Google adsense.
All the above are some of the genuine ways of earning online especially as a Nigerian, but the most important thing is to acquire the necessary skills needed to excel in each of them. For this reason, I have packaged an e- book that will help you to excel in blogging, article publishing, affiliate marketing, etc, and I am also giving out Forex tutorial manual, a guide on how to make money from the Nigerian Stock Market, Google adsense blueprint and two powerful motivational books as bonuses for purchasing this simple but powerful e-book “THE AFFILIATES GUIDE”
Inside this book, you will learn how to become a better affiliate and make consistent income from affiliate commissions; how you can use a free blog to earn great income; how to earn from publishing articles online, the easiest ways to attract visitors to your webpage, how you can easily sell your own products to greater number of people, etc. Don’t forget that this e- book comes with mouth- watering bonuses that you cannot afford to miss.
This package with all the bonuses will only cost you 2,000 naira(two thousand naira)- the cheapest you can ever get considering the quality of the e-book and the bonuses that come with it.
What you need to start;
• The skills which the e-book will provide.
• A computer with an internet connection.
HURRY AND GRAB A COPY BECAUSE IF YOU DELAY, IT COULD BE DANGEROUS. USE THE PAYMENT DETAILS BELOW TO ORDER FOR YOUR COPY.
Payment details:
Oceanic bank international Plc.
Acct no: 0050001022931.
Acct name: Asiegbu, Tochukwu Ebuka.
After payment, text your name, e mail, teller no to 08064004963 or send a mail to (asiegbutch@yahoo.com) with the subject "Affiliate", and your copy will be forwarded to your e mail address immediately the payment is confirmed.
Have a great online money making experience!!!
Secondly, don’t force yourself into any business that you know too little about, because you will find it difficult to make much progress in that business. It is also important that you have a genuine interest for anything you wish to start both online and offline.
Most importantly, try to gather the necessary skills required to excel in any business you wish to start.
Let nobody deceive you, you must show some commitment and hardwork for you to make great progress online. The major difference between working online and offline is that you decide how and when to work online in most cases.
Working online is great because there is nobody to query you or boss you around, and you have the opportunity of getting involved in many opportunities in the shortest period of time.
As a Nigerian, instead of wasting a lot of time on the internet seeking whom to defraud, you can use less time to achieve great things.
Some of the genuine online opportunities you can start today include Blogging, article publishing, affiliate marketing, commodities trading, forex trading, options trading, or you can also join the revenue sharing system organized by Google known as Google adsense.
All the above are some of the genuine ways of earning online especially as a Nigerian, but the most important thing is to acquire the necessary skills needed to excel in each of them. For this reason, I have packaged an e- book that will help you to excel in blogging, article publishing, affiliate marketing, etc, and I am also giving out Forex tutorial manual, a guide on how to make money from the Nigerian Stock Market, Google adsense blueprint and two powerful motivational books as bonuses for purchasing this simple but powerful e-book “THE AFFILIATES GUIDE”
Inside this book, you will learn how to become a better affiliate and make consistent income from affiliate commissions; how you can use a free blog to earn great income; how to earn from publishing articles online, the easiest ways to attract visitors to your webpage, how you can easily sell your own products to greater number of people, etc. Don’t forget that this e- book comes with mouth- watering bonuses that you cannot afford to miss.
This package with all the bonuses will only cost you 2,000 naira(two thousand naira)- the cheapest you can ever get considering the quality of the e-book and the bonuses that come with it.
What you need to start;
• The skills which the e-book will provide.
• A computer with an internet connection.
HURRY AND GRAB A COPY BECAUSE IF YOU DELAY, IT COULD BE DANGEROUS. USE THE PAYMENT DETAILS BELOW TO ORDER FOR YOUR COPY.
Payment details:
Oceanic bank international Plc.
Acct no: 0050001022931.
Acct name: Asiegbu, Tochukwu Ebuka.
After payment, text your name, e mail, teller no to 08064004963 or send a mail to (asiegbutch@yahoo.com) with the subject "Affiliate", and your copy will be forwarded to your e mail address immediately the payment is confirmed.
Have a great online money making experience!!!
Saturday, May 8, 2010
South Africa foils white extremist plot
Police in South Africa say they have foiled a plot by white extremists to bomb black townships ahead of the 2010 FIFA World Cup finals.
Seven white extremists have been arrested in connection with the plot, a spokesman for the police special investigations unit, Musa Zondi said Friday.
They were arrested late last month in the northeastern town of Phalaborwa, near the Kruger National Park. Five of those arrested have been charged with terrorism, Zondi added.
The police raid on the terrorists came following the killing of white supremacist Eugene Terre'Blanche which inflamed race tensions amid calls for revenge from his far-right movement.
"They were conspiring to engage in terrorist activities, which includes the fact that they wanted to blow up areas in which black people live," Zondi said adding that the charges against two of the detainees were dropped on Friday.
Police chief Bheki Cele told reporters on Friday that the 2010 FIFA World Cup will begin on June 11 as scheduled.
South African Police Minister Nathi Mthethwa had broken the news about the plot on Thursday, saying right-wing extremists who were planning to bomb black townships and create chaos were arrested.
Seven white extremists have been arrested in connection with the plot, a spokesman for the police special investigations unit, Musa Zondi said Friday.
They were arrested late last month in the northeastern town of Phalaborwa, near the Kruger National Park. Five of those arrested have been charged with terrorism, Zondi added.
The police raid on the terrorists came following the killing of white supremacist Eugene Terre'Blanche which inflamed race tensions amid calls for revenge from his far-right movement.
"They were conspiring to engage in terrorist activities, which includes the fact that they wanted to blow up areas in which black people live," Zondi said adding that the charges against two of the detainees were dropped on Friday.
Police chief Bheki Cele told reporters on Friday that the 2010 FIFA World Cup will begin on June 11 as scheduled.
South African Police Minister Nathi Mthethwa had broken the news about the plot on Thursday, saying right-wing extremists who were planning to bomb black townships and create chaos were arrested.
HOW TO START MAKING MONEY ONLINE AS A NIGERIAN IN GENUINE WAYSHOW TO START MAKING MONEY ONLINE AS A NIGERIAN IN GENUINE WAYS
Before going into the real business of the day, I would like to warn that if you are one of those that take pleasure in defrauding people, I don’t think this useful piece of information is for you.
Secondly, don’t force yourself into any business that you know too little about, because you will find it difficult to make much progress in that business. It is also important that you have a genuine interest for anything you wish to start both online and offline.
Most importantly, try to gather the necessary skills required to excel in any business you wish to start.
Let nobody deceive you, you must show some commitment and hardwork for you to make great progress online. The major difference between working online and offline is that you decide how and when to work online in most cases.
Working online is great because there is nobody to query you or boss you around, and you have the opportunity of getting involved in many opportunities in the shortest period of time.
As a Nigerian, instead of wasting a lot of time on the internet seeking whom to defraud, you can use less time to achieve great things.
Some of the genuine online opportunities you can start today include Blogging, article publishing, affiliate marketing, commodities trading, forex trading, options trading, or you can also join the revenue sharing system organized by Google known as Google adsense.
All the above are some of the genuine ways of earning online especially as a Nigerian, but the most important thing is to acquire the necessary skills needed to excel in each of them. For this reason, I have packaged an e- book that will help you to excel in blogging, article publishing, affiliate marketing, etc, and I am also giving out Forex tutorial manual, a guide on how to make money from the Nigerian Stock Market, Google adsense blueprint and two powerful motivational books as bonuses for purchasing this simple but powerful e-book “THE AFFILIATES GUIDE”
Inside this book, you will learn how to become a better affiliate and make consistent income from affiliate commissions; how you can use a free blog to earn great income; how to earn from publishing articles online, the easiest ways to attract visitors to your webpage, how you can easily sell your own products to greater number of people, etc. Don’t forget that this e- book comes with mouth- watering bonuses that you cannot afford to miss.
This package with all the bonuses will only cost you 2,000 naira(two thousand naira)- the cheapest you can ever get considering the quality of the e-book and the bonuses that come with it.
What you need to start;
• The skills which the e-book will provide.
• A computer with an internet connection.
HURRY AND GRAB A COPY BECAUSE IF YOU DELAY, IT COULD BE DANGEROUS. USE THE PAYMENT DETAILS BELOW TO ORDER FOR YOUR COPY.
Payment details:
Oceanic bank international Plc.
Acct no: 0050001022931.
Acct name: Asiegbu, Tochukwu Ebuka.
After payment, text your name, e mail, teller no to 08064004963 or send a mail to (asiegbutch@yahoo.com) with the subject "Affiliate", and your copy will be forwarded to your e mail address immediately the payment is confirmed.
Have a great online money making experience!!!
Secondly, don’t force yourself into any business that you know too little about, because you will find it difficult to make much progress in that business. It is also important that you have a genuine interest for anything you wish to start both online and offline.
Most importantly, try to gather the necessary skills required to excel in any business you wish to start.
Let nobody deceive you, you must show some commitment and hardwork for you to make great progress online. The major difference between working online and offline is that you decide how and when to work online in most cases.
Working online is great because there is nobody to query you or boss you around, and you have the opportunity of getting involved in many opportunities in the shortest period of time.
As a Nigerian, instead of wasting a lot of time on the internet seeking whom to defraud, you can use less time to achieve great things.
Some of the genuine online opportunities you can start today include Blogging, article publishing, affiliate marketing, commodities trading, forex trading, options trading, or you can also join the revenue sharing system organized by Google known as Google adsense.
All the above are some of the genuine ways of earning online especially as a Nigerian, but the most important thing is to acquire the necessary skills needed to excel in each of them. For this reason, I have packaged an e- book that will help you to excel in blogging, article publishing, affiliate marketing, etc, and I am also giving out Forex tutorial manual, a guide on how to make money from the Nigerian Stock Market, Google adsense blueprint and two powerful motivational books as bonuses for purchasing this simple but powerful e-book “THE AFFILIATES GUIDE”
Inside this book, you will learn how to become a better affiliate and make consistent income from affiliate commissions; how you can use a free blog to earn great income; how to earn from publishing articles online, the easiest ways to attract visitors to your webpage, how you can easily sell your own products to greater number of people, etc. Don’t forget that this e- book comes with mouth- watering bonuses that you cannot afford to miss.
This package with all the bonuses will only cost you 2,000 naira(two thousand naira)- the cheapest you can ever get considering the quality of the e-book and the bonuses that come with it.
What you need to start;
• The skills which the e-book will provide.
• A computer with an internet connection.
HURRY AND GRAB A COPY BECAUSE IF YOU DELAY, IT COULD BE DANGEROUS. USE THE PAYMENT DETAILS BELOW TO ORDER FOR YOUR COPY.
Payment details:
Oceanic bank international Plc.
Acct no: 0050001022931.
Acct name: Asiegbu, Tochukwu Ebuka.
After payment, text your name, e mail, teller no to 08064004963 or send a mail to (asiegbutch@yahoo.com) with the subject "Affiliate", and your copy will be forwarded to your e mail address immediately the payment is confirmed.
Have a great online money making experience!!!
Tuesday, May 4, 2010
No evidence of oil on US shores
After days of suspension due to bad weather, a new overflight on Monday confirmed that there has been no oil on US land yet.
On Tuesday night, US oil platform Deepwater Horizon was burnt after a massive explosion and sunk into the Gulf of Mexico, killing 11 workers.
More than one hundred workers escaped from the incident.
"Based on our overflights, there has been no confirmed oil on land yet," said coast guard spokesman Curtis Thomas.
"Bad weather prevented overflights and dispersant activities on May 2. Planning is currently under way to open a second airbase in Florida for dispersant activities."
At the time of the explosion, there were 700,000 gallons of diesel fuel onboard the platform, which had been drilling 8,000 barrels a day.
Over 150,000 gallons of chemicals have been dropped from planes to stop the spread of the oil spill which is threatening US shores.
The White House has issued a statement in which President Barack Obama said the federal response to the disaster "was being treated as the number one priority."
Tuesday, April 13, 2010
IBB must account for $12.4bn oil windfall – Falana
No amount of misinformation or misrepresentation of the facts and conclusions of the Okigbo report by anyone can stop the demand by Nigerians for accountability in this matter. The action by the civil society groups is indeed patriotic.”
According to him, based on an Okigbo panel report which made several conclusions on how the money was spent, a petition dated April 7, 2010 by a coalition of civil society groups in the country sought accountability for the money to the new Attorney General of the Federation and Minister of Justice, Mohammed Bello Adoke, asking him to prosecute the former military president. The group, in its petition dated April 7, 2010, threatened to go to court to compel the justice minister to try the former president.
The group comprising Social Economic Rights and Accountability Project (SERAP), Committee for the Defence of Human Rights (CDHR), Access to Justice (AJ), Civil Society Legislative Advocacy Centre (CISLAC), Women Advocates and Documentation Centre (WARDC), Human and Environmental Development Agenda (HEDA) and Nigeria Voters Assembly (VOTAS).
According to Falana, IBB has reportedly said that he “was never indicted by the Okigbo Report,” and that much of the funds went to infrastructural development of the Federal Capital Territory, Abuja.
The lawyer pointed out that Babangida, in a press release titled “Who is Afraid of General Ibrahim Babangida?” signed by his spokesman, Prince Kassim Afegbua denied that he was ever indicted by the Okigbo panel. What the report revealed was that much of the funds were concentrated on infrastructural development of the Federal Capital Territory, Abuja, which it considered was not a priority. According to him, Babangida said the report also called for an overhaul of the Central Bank of Nigeria (CBN) to enable it perform its functions optimally.
SUNNEWS
Spring Bank springs back
Spring Bank Plc one of the eight banks rescued by the Central Bank of Nigeria (CBN) late last year has returned to profitability. This disclosure, which was scooped from the bank and confirmed by the Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido last week has restored the investors hope in the bank.
The bank, in line with the vision of the new management has also embarked on training and re-training of staff and also on massive promotion across the entire cadre.
The modest performance level has additionally impacted positively on the share price of the bank at the Nigerian Stoke Exchange (NSE), where the stocks witnessed a significant price rise from 96 kobo in September 2009 to a peak level of N1.32 in January, 2010.
The CBN Governor, who was visibly pleased about the development, said that contrary to criticisms, the intervention of the CBN in the banking industry last August has helped immensely to restore and increase customer confidence.
“I can assure you that the bank has returned to profitability, just like the CBN governor has said. There is a total turnaround in the bank, investors’ confidence has been restored and the investors’ can now be assured of better returns on their investment soonest” a senior official of the bank who pleaded anonymity said.
The top bank executive also said the return to the path of profitability has been made possible by the continued backing of the CBN and other strategies introduced by the Sola Ayodele-led Management from October last year.
Earlier the apex bank’s Governor, Sanusi, while fielding questions in an interview on Channels Television recently saidSpring Bank Plc was one of four rescued banks that posted a profit last February.
The new strategic direction put in place by the administration essentially focused on effective liquidity management, loan recovery, operational efficiency and corporate governance as well as recapitalization.
Accordingly, the bank has been able to achieve a significant improvement on income during the period, while increasing liquidity ratio to about 50 per cent, thereby, doubling the required regulatory minimum of 25 per cent. It has also recorded a steady growth of the deposit base since the takeover in October 2009.
Happy with the early results of these strategies and the hardwork of staff, the Group Managing Director/Chief Executive Officer of the bank, this month, promoted 25 junior staff who have always maintained exceptionally high performance level.
Ayodele said in a statement to staff that the promotion exercise was strictly based on merit and will serve as a motivation to others while helping to renew staff confidence in the bank. She commended the staff of the bank for working assiduously with her administration and encouraged them to work harder towards the timely recapitalization of the bank in order to ensure optimum delivery of stakeholder value.
The Ayodele-led administration took over the management of the bank following the intervention of the Central Bank of Nigeria (CBN) in the banking industry in October last year.
SUNNEWS
The bank, in line with the vision of the new management has also embarked on training and re-training of staff and also on massive promotion across the entire cadre.
The modest performance level has additionally impacted positively on the share price of the bank at the Nigerian Stoke Exchange (NSE), where the stocks witnessed a significant price rise from 96 kobo in September 2009 to a peak level of N1.32 in January, 2010.
The CBN Governor, who was visibly pleased about the development, said that contrary to criticisms, the intervention of the CBN in the banking industry last August has helped immensely to restore and increase customer confidence.
“I can assure you that the bank has returned to profitability, just like the CBN governor has said. There is a total turnaround in the bank, investors’ confidence has been restored and the investors’ can now be assured of better returns on their investment soonest” a senior official of the bank who pleaded anonymity said.
The top bank executive also said the return to the path of profitability has been made possible by the continued backing of the CBN and other strategies introduced by the Sola Ayodele-led Management from October last year.
Earlier the apex bank’s Governor, Sanusi, while fielding questions in an interview on Channels Television recently saidSpring Bank Plc was one of four rescued banks that posted a profit last February.
The new strategic direction put in place by the administration essentially focused on effective liquidity management, loan recovery, operational efficiency and corporate governance as well as recapitalization.
Accordingly, the bank has been able to achieve a significant improvement on income during the period, while increasing liquidity ratio to about 50 per cent, thereby, doubling the required regulatory minimum of 25 per cent. It has also recorded a steady growth of the deposit base since the takeover in October 2009.
Happy with the early results of these strategies and the hardwork of staff, the Group Managing Director/Chief Executive Officer of the bank, this month, promoted 25 junior staff who have always maintained exceptionally high performance level.
Ayodele said in a statement to staff that the promotion exercise was strictly based on merit and will serve as a motivation to others while helping to renew staff confidence in the bank. She commended the staff of the bank for working assiduously with her administration and encouraged them to work harder towards the timely recapitalization of the bank in order to ensure optimum delivery of stakeholder value.
The Ayodele-led administration took over the management of the bank following the intervention of the Central Bank of Nigeria (CBN) in the banking industry in October last year.
SUNNEWS
HOW TO START MAKING MONEY ONLINE AS A NIGERIAN IN GENUINE WAYS
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Some of the genuine online opportunities you can start today include Blogging, article publishing, affiliate marketing, commodities trading, forex trading, options trading, or you can also join the revenue sharing system organized by Google known as Google adsense.
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What you need to start;
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HURRY AND GRAB A COPY BECAUSE IF YOU DELAY, IT COULD BE DANGEROUS. USE THE PAYMENT DETAILS BELOW TO ORDER FOR YOUR COPY.
Payment details:
Oceanic bank international Plc.
Acct no: 0050001022931.
Acct name: Asiegbu, Tochukwu Ebuka.
After payment, text your name, e mail, teller no to 08064004963 or send a mail to (asiegbutch@yahoo.com) with the subject "Affiliate", and your copy will be forwarded to your e mail address immediately the payment is confirmed.
Have a great online money making experience!!!
Secondly, don’t force yourself into any business that you know too little about, because you will find it difficult to make much progress in that business. It is also important that you have a genuine interest for anything you wish to start both online and offline.
Most importantly, try to gather the necessary skills required to excel in any business you wish to start.
Let nobody deceive you, you must show some commitment and hardwork for you to make great progress online. The major difference between working online and offline is that you decide how and when to work online in most cases.
Working online is great because there is nobody to query you or boss you around, and you have the opportunity of getting involved in many opportunities in the shortest period of time.
As a Nigerian, instead of wasting a lot of time on the internet seeking whom to defraud, you can use less time to achieve great things.
Some of the genuine online opportunities you can start today include Blogging, article publishing, affiliate marketing, commodities trading, forex trading, options trading, or you can also join the revenue sharing system organized by Google known as Google adsense.
All the above are some of the genuine ways of earning online especially as a Nigerian, but the most important thing is to acquire the necessary skills needed to excel in each of them. For this reason, I have packaged an e- book that will help you to excel in blogging, article publishing, affiliate marketing, etc, and I am also giving out Forex tutorial manual, a guide on how to make money from the Nigerian Stock Market, Google adsense blueprint and two powerful motivational books as bonuses for purchasing this simple but powerful e-book “THE AFFILIATES GUIDE”
Inside this book, you will learn how to become a better affiliate and make consistent income from affiliate commissions; how you can use a free blog to earn great income; how to earn from publishing articles online, the easiest ways to attract visitors to your webpage, how you can easily sell your own products to greater number of people, etc. Don’t forget that this e- book comes with mouth- watering bonuses that you cannot afford to miss.
This package with all the bonuses will only cost you 2,000 naira(two thousand naira)- the cheapest you can ever get considering the quality of the e-book and the bonuses that come with it.
What you need to start;
• The skills which the e-book will provide.
• A computer with an internet connection.
HURRY AND GRAB A COPY BECAUSE IF YOU DELAY, IT COULD BE DANGEROUS. USE THE PAYMENT DETAILS BELOW TO ORDER FOR YOUR COPY.
Payment details:
Oceanic bank international Plc.
Acct no: 0050001022931.
Acct name: Asiegbu, Tochukwu Ebuka.
After payment, text your name, e mail, teller no to 08064004963 or send a mail to (asiegbutch@yahoo.com) with the subject "Affiliate", and your copy will be forwarded to your e mail address immediately the payment is confirmed.
Have a great online money making experience!!!
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