How The Federal Government, State Governments Shared N8.8 Trillion In 2012

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It has been revealed that a total of N8.8 trillion accrued to the three tiers of government from the Federation Account between January and December 2012 from the statutory and VAT allocations. This is according to a report by an authoritative online medium, Economic Confidential magazine. This amount excludes other allocations such as derivation (for oil-producing states), excess crude account, domestic crude account, subsidy reinvestment programme (SURE-P), Nigerian National Petroleum Corporation refund and foreign exchange differentials.

CBN Pegs New Deposit Limit For Account Holders

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The Central Bank of Nigeria (CBN) yesterday set new deposit limits for all categories of account holders and introduced three-tier Know Your Customer (KYC) requirements for banks. With the new policy, bank customers have now been categorised into Low Value Accounts (Level One); Medium Value Accounts (Level two) and High Value Accounts (Level three). 
For Low Value Account holders, the policy pegs a maximum single deposit amount of N20,000 and maximum cumulative balance of N200,000 at any point in time.  For Medium Value Account holders, a maximum single deposit of N50,000 and a maximum cumulative balance of N400,000. However for the High Value Account, no limit is placed on cumulative balance.

Banky W Speaks On Report Of Wizkid's Exit From EME

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Couple of weeks ago an unconfirmed report informed that Wizkid moved to his own crib in Lekki. 

This move however didn’t go down well with Wizzy’s mum who felt it wasn’t time for him to leave the EME mansion.

The pair had an argument concerning his new home and leaving his the EME label according to the unconfirmed report. 

President not responsible for police college decay –Obi •Governor says no clue yet on floating corps

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Anambra State Governor, Peter Obi, on Friday said President Goodluck Jonathan was not responsible for the decay in the Police College, Ikeja, Lagos as exposed by a private television station recently.

He, however, said the administration was working hard to solve the problem and others facing security agencies in the country.Obi spoke with State House correspondents at the end of a meeting of the Police Fund Committee chaired by Vice-President Namadi Sambo.

He said Jonathan was committed to changing the fortunes of all security agencies in the country, especially the police.

65 deportees arrive Lagos

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Sixty-five Nigerians were on Friday deported from some European countries, an official of the Federal Airports Authority of Nigeria said in Lagos.

The FAAN official, who pleaded anonymity, revealed this to the News Agency of Nigeria at the Murtala Muhammed International Airport’s cargo section in Lagos. The source noted that the returnees came from Spain, Bulgaria, Romania and the United Kingdom.

Rupert Sanders' wife files for divorce over Kristen Stewart affair

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 Rupert Sanders' wife has filed for divorce, six months after the Hollywood director was caught cheating with actress Kristen Stewart. Kristen and Rob Pattinson managed to work things out, but not Rupert and his wife

According to TMZ, Liberty Ross filed the paperwork in a LA County Superior Court yesterday and is asking for joint custody of their two children and spousal support. The couple tried to patch up their marriage by going to a shrink but at the end, it didn't work out

Woman Burns Girl’s Thighs With Hot Iron

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A 39-year old woman has burnt a girl’s thighs with hot iron after accusing her of stealing her N1,000 at Oshodi area of Lagos State. The woman, Mrs. Kudirat Isekolowo, who lives at  Igbehinadun area of Oshodi, said she did not know what came over her when she carried out the act.

The mother of three was arrested by officials of the Lagos State Women Affairs and Poverty Alleviation, WAPA, and Esther Child Right Foundation and brought to the Lagos State Government Secretariat, Alausa, Ikeja.

Traders were close to tears at Oshodi Market where the woman sells clothes, when they saw how the thighs of the 15-year old girl (name withheld) was seriously burnt, leaving permanent deep scars on her body.

Henry Okah's accomplice, Edmond Ebiwere, jailed for life

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One of Henry Okah's accomplice, Edmond Ebiwere, was today sentenced to life imprisonment by a Federal High Court sitting in Abuja for the 2010 Independence Day bombing that killed 12 people and injured several others. Edmond was arrested on October 2nd in Abuja and was arraigned alongside Henry Okah and his brother Charles Okah.

As Edmond was being led away after the sentence was pronounced, he put up a struggle with the prison guards.

Pictures: See The Couple That Has LITERALLY Been Living Under A Rock For The Past 30 Years

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"I started coming here when I was 8 years old to visit the Candelilla (harvesting) fields, and I liked it here. I liked it and then I continued visiting every three to four months. I wasn't married and I didn't have a family yet, but I liked it and I had to keep coming to put my foot in (on the property) because lands here are won through claiming them," Hernandez told the Hernandez told the International Business Times,

The home, made of sun-dried bricks and cement, has a dirt floor, a wood stove, and no plumbing. Electrical service is said to be unreliable. A nearby stream supplies fresh drinking water. In winter, though, the water source freezes over. See Another Picture After The Break.

Man, 25, Had S*x With Girl, 12, As He Hid In Her Bedroom For Days While Her Parents Sat Downstairs

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A paedophile who hid in a 12-year-old girl's bedroom and had séx with her for two days while her unknowing parents sat downstairs has been jailed.

Leigh Arendse, 25, of Brunswick Park, London, groomed the innocent youngster on an internet chat room before going from London to her home to meet her.

He then spent 48 hours in her bedroom watching DVDs and having séx with her - and hid behind the door when her mum went to check on her.

Sick Arendse claimed he thought the girl was actually 14 and only realised her true age when her mum told her off for smoking in her room.

Enthrone Credible Leadership In NANS – Okorocha

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Governor Rochas Okorocha of Imo State has advised the National Association of Nigerian Students to enthrone a credible leadership to make it more formidable and relevant.

Okorocha gave the advice on Thursday when a delegation of the association paid him a visit at the Government House, Owerri.  He said NANS used to be a factor of change and a force to reckon with in the country because of the credibility its leadership enjoyed.

Female Teachers Banned From Wearing Trousers in Kogi State

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Kogi State government has banned female teachers in the public primary and secondary schools from wearing trousers during school hours. The state Commissioner for Education, Mrs. Grace Elebiyo during a press briefing on Wednesday warned that any female teacher caught violating the order will face disciplinary action.
Elebiyo said this new order came after some female teachers in the state were caught violating their professional code of dressing.She asserted that Kogi State Ministry of Education would no longer tolerate indecent dressing to schools.

Good Riddance To Catholics, They’re Arrogant, CAN Says

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The Christian Association of Nigeria has reacted to the withdrawal of the Catholic Church in Nigeria to pull out of the association, saying they are free to leave.

Speaking on the Catholics’ withdrawal Wednesday, spokesperson for the 19 Northern chapters of CAN, Sunny Oibe, told journalists in Abuja the Catholics were free to go away, the  Punch newspaper is reporting this morning.

He also accused the Christian denomination of arrogance, saying they were merely angry because the presidency of the association had moved to another bloc of the group.

Russia Orders Obama: Tell World About Aliens, Or We Will

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A stunning Ministry of Foreign Affairs (MFA) report on Prime Minister Medvedev’s [photo top right] agenda at the World Economic Forum (WEF) this week states that Russia will warn President Obama that the “time has come” for the world to know the truth about aliens, and if the United States won’t participate in the announcement, the Kremlin will do so on its own. The WEF (The Forum) is a Swiss non-profit foundation, based in Cologny, Geneva and describes itself as an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.

Married Gospel Singer Caught Red-Handed Having Séx With Girlfriend

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Gospel musician and keyboard wizard was allegedly caught red-handed in bed with his girlfriend.

The musician Munyaradzi Munodawafa has dumped his wife of five years. His wife Fellistas Shumba said she found him with the girl in bed in their matrimonial home. According to Shumba, the girl is in her early 20s. After being confronted, Munodawafa fled with his girlfriend from his lodgings and the two are currently staying together in another area.

Catholic Church of Nigeria withdraws from the Christian Association of Nigeria

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Left: official Catholic church letter withdrawing from CAN

The Catholic Church of Nigeria yesterday temporarily withdrew its membership from the Christian  Association of Nigeria (CAN). Their reason? That CAN under Pastor Ayo Oritsejafor has been compromised. Also because of some uncouth statements by some Christian leaders, and the use of money in CAN elections and several court cases involving state chapters of CAN.

Spokesperson of the Church, Rev. Fr. Dr. Cornelius Omonokhua, said:

"You just can't save people who are drowning, if you are drowning with them. CAN is being dragged into partisan politics thereby compromising the ability to play its true role as conscience of the nation and the voice of the voiceless. We will be happy if CAN leadership can show moderation. Common sense dictates that they do that.”

The Catholic church said they would review their withdrawal from CAN after the annual meeting of the Conference of Bishops in February. 

Should Buhari contest 2015 Presidential election?

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The last has not been heard of Maj.-Gen. Muhammadu Buhari’s elusive ambition to rule the country again. According to a recent report, the former head of state and 2011 presidential candidate of the Congress for Progressive Change disclosed that he might re-consider his earlier decision not to contest a future presidential election. The soldier turned politician also revealed that his next decision would be based on the outcome of the ongoing merger talks by his party with the Action Congress of Nigeria and the All Nigeria Peoples Party.

FEC Approves Special Training For VIPs’ Drivers

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A compulsory special training for drivers in the convoys of Very Important Persons, including governors, ministers as well as heads of departments and parastatals, has been approved by the Federal Executive Council.The decision was taken on Wednesday following a report presented to the council by the Federal Road Safety Corps on the regular auto crashes involving the convoys of VIPs.

Minister of Information, Mr. Labaran Maku, and his colleague in Mines and Solid Minerals Development, Mr. Mohammed Sada, stated this after the FEC meeting presided over by Vice-President Namadi Sambo. President Goodluck Jonathan is in Darvos, Switzerland, where he is attending the World Economic Forum summit.

Ikeja Police College: Falana Threatens To Sue FG If Commandant Is Sacked

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As the fate of the Commandant of the Ikeja Police College, Mr. Irimiya Yerima, hangs in the balance over what the Presidency described as negative image given to Nigeria by the exposure of the rot in the college to the world, human rights lawyer, Femi Falana, yesterday threatened to tackle the Presidency if Yerima was dismissed over no fault of his.Information Nigeria gathers that the feeling within the Presidency is that it was the commandant that gave unrestricted access to ChannelsTV to record the footage and beam it to the world so as to embarrass the Federal Government – this much the president revealed during his unscheduled visit to the college last Friday.

No Revolution Is Going To Take Place In This Country – Bishop Matthew Kukah

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Contrary to the general perception that a revolution is imminent in Nigeria, the Roman Catholic Bishop of Sokoto Diocese, Monsignor Matthew Hassan Kukah, has dismissed such predictions saying the reasons that may lead to it are also the nation’s source of strength. He made this known in Abuja yesterday while speaking at the 10th Daily Trust Dialogue with the theme “Nation Building: Challenges and Reality” at the Transcorp Hilton  Hotel.