APC faults INEC’s position on early campaigns

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The All Progressives Congress has slammed INEC for acting too little, too late by issuing a warning on illegal public political broadcast and campaign, saying INEC’s belated action is highly suspicious.

In a statement issued in London on Tuesday by its National Publicity Secretary, Alhaji Lai Mohammed, the party said INEC’s action, coming after the PDP and President Goodluck Jonathan have been campaigning endlessly for the 2015 elections, can only be to the disadvantage of other candidates and political parties.

”Is it a ploy by INEC to give undue advantage to the PDP and its adopted sole presidential candidate, President Jonathan, in next year’s elections?” it queried
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The Truth about FG’s position On ASUU Strike Revealed by Finance Ministry, says Iweala is not the Problem

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This is a press statement from the Federal Ministry of Finance concerning the ongoing ASUU strike. It's been four long months (Quite shameful I must add) without any apparent resolution to the conflict in sight...and some folks are blaming the Minister of finance Dr Okonjo Iweala for what's going on. following the break. Some people in ASUU have been distributing flyers with abusive messages against Dr Okonjo-Iweala and now the ministry is issuing a statement about it, saying the minister isn't the problem. I'd rather read about when ASUU is calling off this strike to be honest.

See the press release after the break

Hamzat in pole position to succeed Fashola

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Lagos State Commissioner for Works and Infrastructure, Kadri Obafemi Hamzat, has emerged as front-runner in the race for the next Governor of Lagos State. He stands a high chance of carrying the flag of the Action Congress of Nigeria (ACN) in the 2015 governorship election.  Daily Independent exclusively gathered that Hamzat is highly favoured and on top of a list of five aspirants warming up to become the 14th Governor of the state when the tenure of Babatunde Fashola ends in May 2015

Other aspirants also favoured in the race to the Lagos House, Ikeja, include former Commissioner for Environment, Muiz Banire, Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, Senate Minority Whip, Ganiyu Solomon, and former Commissioner for Health, Lekan Pitan.

A source close to the top echelons of the ACN told Daily Independent that Hamzat is a favourite to step into Fashola’s shoes and that he implicitly has the nod of his boss, Fashola.

Continue After The Break

Must See: Clarifying Nigeria's debt position - Dr Ngozi Okonjo-Iweala (G7 or F9 Economies lol)

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A statement from the Minister of Finance, Dr Ngozi Okonjo-Iweala

There has recently been a lot of misinformation and misconception in our public debate on debt. My goal in this article is to shed some light on the public debt, to clarify the real state of Nigeria’s debt position, and hopefully, provide a knowledge platform for constructive debate.

Let me say at the outset that no one in government is supportive of a Nigeria that returns to a high state of indebtedness. On a personal note, having gone through tremendous stress during the quest for Paris Club debt relief, I am committed to a Nigerian economy that is fiscally prudent, balances its books and remains at a low state of indebtedness.

To begin, Nigeria’s overall debt is comprised of external and domestic debts. The external debt is typically owed to foreign creditors such as multilateral agencies (for example, the Africa Development Bank, the World Bank, or the Islamic Development Bank), to bilateral sources (such as the China Exim Bank, the French Development Bank or the Japanese Aid Agency), or to private creditors such as investors in our Eurobonds.

“They certainly deserve better than this” – NLC state position on pension crisis

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We find it necessary to address you today on the shameful and painful circumstances in which our retired workers who are pensioners have found themselves.

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For quite some time now, the administration of pension funds has been enmeshed in unprecedented corruption with some public officers, institutions of government and banks generously helping themselves to the said funds, and in the process, deny pensioners their pension. This has thrown pensioners, majority of whom are our members into penury, with some dying in queues of protracted and unending verification exercises that yield little or no result.

The Position of Authority in Nigeria Youth Unemployment

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It is the duty and responsibility of the government and different policy makers to provide such an environment and conditions which are conducive for the youth entrepreneurial activities. Different policy initiatives encourage and motivate young people to come up with new ideas and start their own youth enterprises. This will first reduce the incidence of unemployment to a great extent and as such would have dealt a massive blow to the problem of youth restiveness.

To do this effectively, the policymakers need to realize that alone public spending is not going to contribute towards the welfare of the youth. It is the policies of the states that must be created in a way that will help to stimulate the younger people as well as their parents and communities to invest in themselves. The main essence of implementing youth friendly policies is they are not as costly as direct investments but require a lot of political trade-off to actually implement the policies so that they benefit each and every young person living in the country.

Falana faults demolition of Abuja houses

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Mr. Femi Falana
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Human rights lawyer, Mr. Femi Falana (SAN),  has faulted the position of the Federal Capital Development Authority on the demolition of 500 housing units in Minanuel Estate,  Goza, Lugbe phase 11, Abuja.