Tuesday, November 20, 2012

Africa: Tax Havens - An Emerging Challenge to Africa's Development Financing

Africa: Tax Havens - An Emerging Challenge to Africa's Development Financing
The term 'tax haven' is a bit of a misnomer because they are not just about tax, but about a whole range of other things too. There is no generally agreed definition of what a tax haven is, but if you drill right down to the core of what these places offer, you end with two words: 'escape,' and 'elsewhere.' Once we understand what this means, it becomes clear why they are such a threat to Africa.

Christian Association Of Nigeria Hits Back At Kukah, Bakare On Private Jet Controversy

Christian Association Of Nigeria Hits Back At Kukah, Bakare On Private Jet Controversy
Christian Association of Nigeria, CAN, has condemned comments credited to the Catholic Bishop of Sokoto Diocese, Most Rev. Matthew Hassan Kukah and Pastor Tunde Bakare, who claimed that acquisition of private jets by religious leaders diminishes moral voices of the church in the war against corruption and are therefore calling for a revolution in the Church of God.

Speaking in a telephone interview, National Director of Research, Planning and Strategy, Elder Sunday Oibe, urged the Catholic bishop and the former vice presidential candidate of CPC, that if they have anything against the person of Pastor Ayo Oritsejafor, they should come out and say so, and not hide under the cloak of the gift of a jet to attack the CAN president. Oibe, who doubles as the Public Relations Officer of Northern CAN, said he who lives in a glass house should not throw stones.

Farouk Lawan Cleared Of Wrong Doing

Farouk Lawan Cleared Of Wrong Doing

The Ethics Committee of the Federal House of Representatives have Cleared Hon. Farouk Lawan of bribery allegation.

Hot Bride On Her Wedding Day

Hot Bride On Her Wedding Day

From the way the bride grabbed the guy in her front, it seems that's her 'real' man while the guy messing up with her backside is some kind of sex mate or something in that configuration.

Whatever the case may be; even if this guy playing dirty with the bride is her husband (which is unlikely as no decent man will do this to his wife in public), one wonders the motive for their marriage.

This lady really need to watch her back as it appears she seen more as a sex object rather than a wife to be loved and respected by this ass-grabbing guy.... A word is enough for the wife!

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Nigerians Arrested In Malaysia For Smuggling Cocaine Worth $7.1 Million Hidden In Coconut Milk Cans

Nigerians Arrested In Malaysia For Smuggling Cocaine Worth $7.1 Million Hidden In Coconut Milk Cans

Malaysian narcotics agents have foiled a Nigerian syndicate’s alleged bid to smuggle cocaine worth $7.1 million hidden in coconut milk cans, a top police official said Tuesday.

“International drug syndicates especially those led by Nigerian nationals have been found to be active in smuggling various types of drugs,” Noor Rashid Ibrahim, narcotics criminal investigation director said in a statement, Agence France Presse reports.

Acting on a tip-off from the United States Drug Enforcement Administration, authorities found the drugs in a container at the country’s top port, Port Klang, he said. It had arrived on a ship from Guyana last Monday.

Prophet TB Joshua Sponsors Nigerian Student To Oxford University

Prophet TB Joshua Sponsors Nigerian Student To Oxford University

Nigerian Pastor T.B. Joshua, well known for his expansive philanthropic endeavours, shocked congregants at his church, The Synagogue, Church Of All Nations (SCOAN) on Sunday 18th November 2012 when it was revealed he has sponsored a Nigerian student to study a PhD in the University of Oxford to the tune of £100,000, approximately N26 million.

Miss Yinka Oduwole, who introduced herself as one of the youth who was brought up in The SCOAN and worked there extensively, testified how she had gained admission to study a PhD in Engineering Science in Oxford University, UK after a successful Master’s Programme in University College London (UCL). Yinka, who was equally sponsored in her Master’s Degree in Broadband Communication in UCL in which she came out with a distinction, said Prophet T.B. Joshua and Emmanuel TV Partners had paid the sum of £100,000 to enable her to study for a PhD in the prestigious Oxford University.

“My advice to youth all over the world is that they should pray as if everything depends on God and work as if everything depends on them,” Yinka, also a First-Class graduate from the University of Lagos, told the congregation and viewers worldwide on Emmanuel TV, equally counselling the youth to find a job in the church and actively engage in godly activities.

TB Joshua also revealed in the service how footballer Ogenyi Onazi, the SS Lazio starlet who was recently promoted to the Super Eagles of Nigeria and scored on his debut against Venezuela, was brought up in the church and worked there as well before attaining his current sporting success. Joshua revealed how he had sponsored Onazi and his colleague Sani Emmanuel to trial in clubs around the world including Premier League giants Chelsea and Tottenham, before arriving in SS Lazio, where he is currently playing for the senior team. Joshua revealed that close to $1m was spent in this process, to ensure the duo went to the right club to reach the heights of their potential.

According to Joshua, the reward for raising up such young people to become leaders of tomorrow in every field of expertise is immeasurable in monetary or material terms. “What you make happens for others, God makes happen for you. You are raised to raise others,” Joshua exhorted the crowd, counselling them to consider the future of their own children and what they were doing with their lives.

Forbes estimated that Joshua has spent up to $20m in charitable activities alone in the last three years. Thousands of less privileged students are currently studying in universities across Nigeria and around the world courtesy of SCOAN’s scholarship program.

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Soldiers, police tackle protesting UNIABUJA students

5 hours 16 minutes ago // News | General | Soldiers, police tackle protesting UNIABUJA students

Detachments of soldiers and policemen on Tuesday morning battled to dislodge protesting students of the University of Abuja from some major streets of the federal capital.

The students had taken their protest to the streets after UNIABUJA authorities shut the school.

The authorities were reacting to the students’ protest, which disrupted activities in the institution on Monday.

The students moved to the streets of Abuja and remained overnight, demanding action on the non-accreditation of some courses in Engineering, Agriculture and Science faculties by the National Universities Commission.

Their street protest grounded Gwagwalada, the Abuja suburb where the school is located, as well as Airport Road, Abuja.

Many motorists and other road users were stranded on some roads in Abuja overnight.

More details later.

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There Is Hope For Nigeria – Nuhu Ribadu

Mr. Nuhu Ribadu, the former Chairman of Financial and Economic Crimes Commission (EFCC), yesterday in Ilorin assured Nigerians that there was hope for the country to overcome its multiple problems.
The former ACN presidential candidate gave the assurance when he paid a condolence visit to Senator Bukola Saraki on the death of his father, Dr. Olusola Saraki.“I must say that there is hope for Nigeria to overcome its multiple challenges. Everybody is working tirelessly to revamp the country’s political, socio-economic and security problems,” he said.

President Goodluck Jonathan's Younger Brother Dies Inside Aso Rock

The younger brother of Nigeria president Goodluck Jonathan is dead. Sahareporters, an online news agency that broke the story said Meni Jonathan is the president’s half brother and he died at the Aso Rock clinic.
The incident happened just as President Jonathan was receiving congratulatory messages today from all over the world as he celebrates yet another birthday.

Botswana Sends 300 Nigerians Backhome

In a most shameful development, no fewer than 300 Nigerians living in the Republic of Botswana have been reportedly deported in the past few months, after the authorities refused to renew their permits. Of course, Botswana is one of the most peaceful countries on the continent and the country also ranks 132 on Transparency International’s (TI) 2011 Corruption Perception Index, making it one of the most corruption-free countries on the continent as well. Meanwhile, the angry deportees want President Goodluck Jonathan and the National Assembly to quickly look into the relations between Botswana and Nigeria in order to ascertain the true conditions of Nigerians living in that country. 

The returnees, most of whom had lived and worked in the Southern African country, said since the assumption of the current president, General Khama, whose mother was of British origin, Nigerians in that country had been subjected to dehumanising conditions and racial abuse, even when, they claimed, they had been law-abiding and of good behavior. They believe that that the target of the Khama government had been how to get rid of innocent Nigerians pursuing a just course or doing genuine businesses in the country, claiming that all their efforts to make the Bostwana authorities understand that they were peace-loving and not interested in criminal activities fell on deaf ears as they were only interested in sending them out without any reason.

388,864 Nigerians Infected With HIV In 2011 Alone

The Lagos State government has revealed that at least, 388,864 Nigerians were infected with the HIV disease in 2011.

Quoting the National AIDS Control Agency statistics at a one-day HIV Prevention and HTC Workshop organised by his office in conjunction with Lagos State AIDS Control Agency, LSACA, in Surulere, Lagos on Thursday, Special Adviser to the Governor on Youth and Social Development, Dr. Dolapo Badru said there were 388,864 fresh cases of HIV reported as at the end of 2011.

“For the 26 years period dated 1986 to December 2011, that AIDS was first reported in Nigeria, 3,459,363 people now live with HIV. An estimated 1,449,166 people require Anti-Rectroviral; 388,864 new infections occurred in the year ended 2011.

Joseph Benjamin, Dare Art Alade, Present Relief Materials To Flood Victims InKogi

Stirred by the recent Kogi flood disaster, Joseph Benjamin pioneered a team to deliver relief materials to the state. The “Help Kogi” project was initiated to provide material support to the victims of the flood in Kogi. Last week, the team - made up of Joseph, Darey, Jaywon, Malik, Cordelia Okpei, and MoEazy - was at Kogi State to present the relief materials. They were welcomed by Governor Idris Wada and his deputy, Yomi Awoniyi.

Bola Tinubu and wife installed as Ago-Are and Erelu of Egbaland

Ex-Lagos State governor and national leader of the Action Congress of Nigeria (ACN), Asiwaju Bola Ahmed Tinubu, was traditionally installed yesterday Monday November 19 as the Aare Ago of Egbaland by the Alake of Egbaland, Oba Adedokun Gbadebo. His wife, Remi Tinubu, was made the Erelu Aare Ago of Egbaland. Congrats to them.

Happy Birthday To The President Of Nigeria

Happy 55th birthday to Nigeria's president

Goodluck Ebele Azikiwe Jonathan, GCFR, BNER, GCON is the 14th Head of State and current President of Nigeria. He was born 20 November 1957. Happy birthday to him!


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