Business
Tuesday, 29 May 2012 13:05
A Boom for Computer Producers
As the federal government re-echoes its desire to put to an end the use of foreign brands of computers in order to make way for the growth of the local brands, its ability to implement the policy remains a major source of concern After an exhaustive deliberation at one of the sessions of the Federal Executive Council, FEC, meetings in Abuja sometime in 2009, Dora Akunyili, a professor and then minister of information, announced the approval of N230 million by the council for the campaign to encourage patronage of made in Nigeria goods. “The objectives, besides enhancing exports, are certain: to generate massive employment, create wealth, fight poverty and diversify the foreign exchange earning capacity of the economy,”…
Monday, 28 May 2012 13:08
How They Steal the Nation’s Oil
While Nigerians are yet to savour the return of relative calm in the restive Niger Delta following the 2009 amnesty for militants, the stealing of crude by a powerful and well-connected syndicate is on the upsurge, drilling holes in the coffers of government and oil multinationals Thick black smoke billowing from crudely fabricated heating drums and chambers could be seen at about 4,500 feet above sea level from a helicopter. The drums are used to heat up crude oil to near cracking level to get fairly refined automotive gas oil, AGO, otherwise called diesel, and a poor form of premium motor spirit, PMS, or fuel. Steel pipes are welded in at strategic angles for easy evacuation of ‘refined’ products.…
Thursday, 17 May 2012 13:25
Rape: The Plight of Minors
Concerned about the dilemma of child victims of rape, child rights activists and non-governmental organisations are calling for effective implementation of laws protecting children At the moment, his fate hangs in the balance. Seventy-three-year-old Job Onyemakiya waits with bated breath for a DNA test ordered by a law court. The test, directed by the Lagos State high court, Ikeja, will determine the paternity of a baby girl belonging to 13-year-old Oreoluwa Adekoya. And if Onyemakiya is found to be the father of the baby, a criminal case will thereafter be instituted against him. As far as Onyemakiya is concerned, he cannot be said to be the father. But Adekoya insists that the septuagenarian is the father of her baby.…
Tuesday, 08 May 2012 15:42
Boko Haram insurgence: Heartache for the Economy
Economic and finance experts say that the bombing campaigns of the militant Boko Haram sect are causing incalculable damage to the nation’s economy These days, Inuwa Tijanni, a major distributor of tin and sachet milk at Sabongari Market, Kano, is permanently on edge, ready to close his shop at any sign of trouble. Tijanni’s siege mentality, typical of other residents of Kano, started since the dreaded Boko Haram sect launched its first attack on the city in January 2012. Before then, the bombing campaigns of the dreaded group were limited to some parts of the nation’s North-east, especially Maiduguri, the capital of Borno State. But the sheer magnitude of the attack on Kano, the once vibrant commercial nerve centre…
Monday, 07 May 2012 15:01
N2.5 billion Scam Freezes Abuja Hospital Project
The Association of Local Governments of Nigeria is haunted by allegations of a N2.5 billion scandal, part of funds approved for an American hospital project Although the Association of Local Governments of Nigeria, ALGON, is the umbrella body for all the 774 local governments in Nigeria, it is still saddled with the challenge of internal democracy. Following wranglings among its members, the association only managed to elect an interim management committee, until recently when an election was held on March 23, 2012, to run its affairs. It is said that the election, which ushered in the new executives, was hurriedly put together to prevent the release of funds proposed for a project by the association from getting into ‘wrong…
Monday, 30 April 2012 14:10
Much Ado Over Subsidy Report
The House of Representatives unanimously adopts the report of its ad hoc committee on the monitoring of fuel subsidy regime and asks President Goodluck Jonathan and the Economic and Financial Crimes Commission to act on it There were both excitement and apprehension in the air when the House of Representatives resumed for plenary last Tuesday. The chamber was full and unusually boisterous as many absentee members turned up for the day’s sitting. A full chamber is usually a sign of trouble or an indication that a sensitive matter is on the day’s agenda. The House had fixed the day to begin consideration of the report of its Ad hoc Committee on the Monitoring of Subsidy Regime. The Farouk…
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- Most Read
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- A Carnival of Love for Ileso, Edosa in Entertainment Read 1773 times
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- NCC Slams GSM Operators in Business Read 675 times
Between Their London and Our L
London is a city of shops and shopkeepers. People come to London for different reasons. ...
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It is widely accepted that Attention Deficit Hyperactivity Disorder – or ADHD – is ...
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