Tuesday, May 21, 2013

Video: Nigeria Has Africa’s Highest Rate Of Investment Returns – Aganga





The Minister of Trade and Investment Olusegun Aganga has stated that Nigeria is in a unique position with the highest rate of returns on investment in Africa.

This he claims was made possible because the nation’s macro-economic stability is much stronger than most developing countries in Africa and this in 2012 made Nigeria become the highest destination for investment in Africa, attracting investment of about $8.6billion, with an increase of about 46 percent growth and investment.

Speaking on Channels Television’s Business Morning, the Minister explained that according to the Central Bank of Nigeria’s (CBN) result, the total foreign investments in Nigeria as at 2012 is in excess of $16billion, compared to $7.9billion in 2011.

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Grandma Orders Grandson To Kill Grandpa, Goes On Shopping Spree With His Money



HEARTLESS grandma Janet Strickland allegedly enlisted her teenage grandson in a heinous plot to kill her hus­band – the kid’s 72-year-old grandpa!
William Strickland, 19, agreed to the sick scheme, and then pumped six slugs into his grandfather’s back as he waited to catch a bus for his dialysis treatment, say prosecutors.
Later, the two used the dead man’s money to go on a shopping spree – buying a flashy car, furniture, tattoos, a cell phone and more, the authorities add.
“There’s a special place in hell for people like this,” said a source. “Stone cold hearted isn’t the word for it. This is pure evil.”

Chinua Achebe's body arrives Nigeria - Photos



The body of late literary icon, Prof. Chinua Achebe arrived Nnamdi Azikiwe International airport Abuja, earlier today May 21, where it was received by government officials. The body was then moved to Enugu, the home town of the late author, aboard a private aircraft, where it was received by Achebe's elder brother, Chief Augustine Achebe, other family members and state government officials.

He will be buried Thursday May 23. See more photos after the Break.

Bash Ali Protests At PDP Secretariat



A former World Boxing Federation (WBF) title holder, Bashiru Ali, popularly known as Bash Ali, has appealed to the Federal Government to support him in the staging of a world-record boxing fight to be hosted by Nigeria.
Mr. Ali who staged a protest at the headquarters of the Peoples Democratic Party in Abuja in pursuit of his bid was on Tuesday, locked out of the premises, alongside his supporters.  His efforts to get the Federal Government to support him in staging a Guinness Book of World Record bout have so far proved abortive. This led him to undertake a trip to Libya to seek the help of the late Muammar Gaddafi.

Gunmen Kill Police Inspector In Niger



Some yet to be identified gunmen on Monday killed a Police inspector in Mashegu Local Government Area of Niger State, North Central Nigeria.The gunmen who reportedly came on a motor bike opened fire on an advancing police patrol team and in the process killed the Inspector who was leading the team and carted away his rifle. Confirming the incident to Channels Television in Minna, the State Police Public Relations Officer (PPRO), Mr. Richard Oguche admitted that the gunmen took the patrol team by surprise which resulted in the death of the police officer.
Although, Mr. Oguche refused to give the name of the deceased, he revealed that the command has arrested 50 suspects in connection to the attack. He added that investigation was still on-going.


Boko Haram Regroup In Adamawa Forests Mountains





Hundreds of members of the militant Islamic sect, Boko Haram, who are fleeing military attacks in the border communities of Borno State, are regrouping in the mountainous forests of Adamawa State, a top Defence source told on Monday.

The source said that militants, who were dislodged from Sambisa Game Reserve and other camps in Borno, had sought refuge in the Adamawa forests, especially in the Zumo area of Song Local Government Area.
He also said that the sect members had been sighted in the forests of Maiha and Fufore local government areas of the state.

Africa Must Check Illicit Fund Flows – Jonathan



President Godluck Jonathan has said Africa must check the huge funds being illegally taken out of the continent.

President Jonathan was speaking to a delegation of the United Nations’ High Level Panel on Illicit Financial Flows from Africa, at State House, Abuja.  He said Africa ‘needs robust assistance from the developed world’ to check this outflow, because ‘corruption would be minimized if there are no places to hide the illicit funds’.
He challenged oil refineries worldwide to ask questions about the source of the crude they refine, and said the Administration was taking definite steps to check the theft of crude oil from Nigeria.

Wendall, Karen Igho's BBA Co-Winner Arrested In Zimbabwe Over ₦4 Million Fraud



The police in Zimbabwe has arrested a former Big Brother Africa winner, Wendall Parson over an alleged $25,000 fraud. Wendall, who co-won the reality TV game show with Nigeria's Karen Igho in 2011, was alleged to have made false car insurance claims after he was involved in an accident with his car in March 2013. 

We gathered from reports that Wendall allegedly insured his Ford Ranger car with Alliance Insurance Company on March 18, 2013, two days after he crash the same car. He then allegedly lodged a false insurance claim of $25,000 for the same car.

'Boyfriend' Rapes 3 Sisters and Their Mum At Gun Point



Sometimes I wonder the kind of heart some guys have:A gang of boys at the weekend raped three sisters and their mother at Illah town, in Oshimili North local government area of Delta State at gun point.   Unfortunately, while the shameful act lasted, other women who heard their shout and rushed to the scene were given the same treatment by the rapists who after threatening to kill them escaped with the women’s wrappers, leaving them nude in the bush...  Spokesman of the Delta State command, ASP Lucky Uyabeme, said the victims were ambushed on their way to the farm, adding that one of the suspects, identified as Chuks had attempted to woo one of the girls, who is a 16-year-old SSII student of one of the secondary schools in the area. He said he wanted to be her boyfriend but she turned him down.

Congratulations: Women4Africa crowns Abike Dabiri “International African Woman of the Year"



House of Representatives for Ikorodu Constituency Lagos State, Honourable Abike Dabiri-Erewa  was crowned with "International African Woman of the Year" at the 2nd annual Women4Africa Award which held in the UK on Saturday May 18th. The award was presented by the anchor of the occasion, Princess ‘Deun. See more photos after the Break

2 Students Reportedly Shot Dead During OOU Students Protest




 Violence had rocked the Ago Iwoye campus of the Olabisi Onabanjo University on Monday. As early as 7.30 am, students had stormed the gates of the institution which they succeeded in locking. Only to reportedly have two students of the university shot dead with several others wounded following an ongoing protest about against some of the “anti-students policy” of the school’s management.

According to StreetJournal, some of the students revealed that one of the new policies stipulates that any student who does not pay school fees on time would not be allowed into the exam hall, which could mean an extra year for some.

Policemen were however on the scene not long after and arrests were reportedly made. Students claimed policemen opened fire on them and in minutes, the story was trending on Twitter, with the pictures above.

However, the police have denied that they shot students dead.
Mr Muyiwa Adejobi, the spokesman of the Ogun State Command of the Nigeria Police Force. Adejobi said:

They went violent this morning and some of our men were deployed to disperse them. The operation was led by a Deputy Commissioner and no live bullet was used so the issue of killing does not arise at all.”
They are just using the issue of killing to seek public sympathy. We don’t kill. That was the same thing they said when there was a crisis in Tai Solarin University of Education in Omu Ijebu, they said policemen killed four students. No one saw the bodies. That is what they always say to win public sympathy”.

ST

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