Archive for January, 2016

FG increases price of Kerosene

Posted: January 24, 2016 in General

The Petroleum Products Pricing Regulatory Agency has increased the price of household kerosene from N50 to N83.
This was contained in its products pricing template, released on Sunday in Abuja.
It stated that the N83 per litre price applied only to the Nigerian National Petroleum Corporation outlets.
The template also showed that at N83, the Federal Government will be making a gain of N10.72 on every litre.
It further puts the expected open market price, which is the landing cost plus total margins, at N72.28 per litre.
The expected open market price is the prevailing open market rate for the product in Nigeria, after taking certain costs into consideration.
Giving a breakdown of the price, the PPPRA template put the landing cost of ‎the product at N57.98 per litre, while the total margin due‎ middlemen was put at N14.30.
The retailers’ margin was put at N5 per litre, transporters at N3.05 per litre, dealers at N1.95 per litre.
It further put the bridging fund at N5.85 per litre, marine transport average at N0.15 and Administrative‎ Charges – N0.15.
It stated that the official ex-depot price, which depot owners would sell to marketers, is N68.70 per litre.
The official ex-depot price for collection is N73 per litre, while ex-coastal price is N68.02 per litre.


You might not even have noticed, but you’ve been paying a subscription for Whatsapp–$1, or 69p a year.
But the company has just dropped the fee, meaning WhatsApp is completely free from here on in.
Better still, the fee ISN’T going to be replaced with annoying ads, its chief has promised.
Speaking at a conference in Germany, WhatsApp chief Jan Koum said the annual fee would be scrapped immediately, and the service would become completely free to all users.
Previously the app had been free for the first year before users were asked to pay for every subsequent year.
Mr Koum instead saying the app will focus on making money through businesses communicating with individuals.
MORE:This guy got drunk and added all his ex-girlfriends to a Whatsapp group
MORE:Whatsapp collects LOTS of info from your phone, researchers warn
‘That could mean communicating with your bank about whether a recent transaction was fraudulent, or with an airline about a delayed flight,’said WhatsApp in an accompanying blogpost.
‘We all get these messages elsewhere today–through text messages and phone calls–so we want to test new tools to make this easier to do on WhatsApp, while still giving you an experience without third-party ads and spam.’

The Olubadan of Ibadan, Oba Samuel Odulana, on Tuesday night passed on at the age of 101.The 40th Olubadan,who ascended the throne on August 17, 2007 at the ageof 93, reportedly breathed his last on Tuesday night while his remains had been deposited at the University College Hospital mortuary.He died 86 days to his 102nd birthday,which is April 14.A family source, who pleaded anonymity, confided in the Nigerian Tribune that the traditional ruler “is actually dead. That is the only thing I can sayfor now, but don’t quote me.”Also, a high chief inthe line of Olubadan, who also pleaded anonymity, confirmed the development to theNigerian Tribune.With the development, the next high chief to become the Olubadan is the current Balogun of Ibadanland, High Chief Saliu Adetunji.Tradition, it was gathered, the next in line to the Olubadan must be informed of the death accordingly, though some of thehigh chiefs kept sealed lips as of the time of going topress.Oba Odulana was born April 14, 1914 in Igbo Elerin, Ibadan to Pa Odulana Ayinla.He began his elementary education at Saint Andrew’s School, Bamigbola, Ibadan in January 1922 and transferred to St. Peter’s School, Aremo, in 1929.He completed his middle school education at Mapo Central School in 1936.He was an Army officer during the 1939 World War II.After returning from World War II in 1945, he was appointed to be in charge of the demobilisation of returning soldiers in Lagos.He briefly worked with United Africa Company as a produce clerk before commencing his teaching career at the Church Missionary SocietyElementary School,Jago, in 1938.He also taught in several schools from 1939 to 1942 and was with the Colonial Office Education Department in 1964.He went into politics in 1959 as a member of the House of Representatives and was appointed parliamentary secretary to the late Abubakar Tafawa Balewa.He was Minster of State for Labour and, in 1964, he ledthe Nigerian Parliamentary delegation to the London Constitution Conference to restructure the former British colonies of Rhodesia and Nyasaland (now Malawi, Zimbabwe and Zambia).He joined the royal chieftaincy line in 1972 as the Mogajiof Ladunni compound in Ibadan, and in 1976, he was conferred Jagun-Olubadan.He was a co-founder of several organisations suchas the Ibadan Economic Foundation and theIbadan ProgressiveUnion.He was conferred with the honorary degree of Doctor ofManagement Technology by the Federal University of Technology, Akure, Ondo State, in December 2005.When contacted, the Oyo State Governor, Senator Abiola Ajimobi, said he had not been informed officially.

Culled from Nigerian Tribune.

The Nigerian Air Force has announcement the commencement of recruitment of Airmen and Airwomen.The Service in a statement signed by Air Vice Marshal C. N. Chukwu on behalf of the Chief of Air Staff, Air Marshal Sadique Abubakar, gave the details of the procedures for applying.The statement by Chukwu reads in full:APPLICATION FORNIGERIAN AIRFORCE AIRMEN/AIRWOMEN RECRUITMENT EXERCISE (BMTC 2016).GUIDELINES1.All applicants must be Nigerians not less than 1.68m tall for male and not less than 1.65m for female.2. Interested applicants are to apply free of charge online at Applicants are toprint out the underlisted documents after completion of application online:a. Local Government Attestation Form.b. Parents/Guardian Consent Form.c. Acknowledgement Form.QUALIFICATIONS4. Non Tradesmen/Women.a. Applicants must be between the ages of 17 and 22 years by 31 December 2016.b. Applicants must possess a minimum of 3 credits including Maths and English in SSCE/NECO/GCE.5. Tradesmen/Women: a. Applicants applying as tradesmen and women must be between 17 and 24 years by 31 December 2016.b. Applicants must possess a minimum of 3 pasess including English in SSCE/NECO/GCE and must possess at least a lower credit in ND/NCE or any relevant trade certificate from reputable andapproved government institutions/organisations.NOTE6. Online registration starts on 8 February 2016and closes on 25 March 2016.7. Zonal recruitment exercise will start from 11 – 29 April 2016.8. NAF Online registration and all other recruitment processes are free of charge and no payment should bemade.9. The Local Government Attestation/Indigeneship certificate must be accompanied by the passport photograph and photocopy of the signees drivers licence or international passport. The signee is also to authenticate the passport photograph of the applicant behind.10. For further information see theinstruction page onthe website as from 8 February 2016 or e-mail:

Staff unions of the three Kwara state-owned Colleges of Education in Ilorin, Oro and Lafiagi have reached an agreement with the state government to suspend the strike action embarked upon by their workers.

The unions include the College of Education Academic Staff Union (COEASU), Non Academic Staff Union (NASU) and Senior Staff Union of Colleges of Education in Nigeria (SSUCOEN).

The decision to end the industrial action was reached following the government’s announcement that it will release two-month salary arrears to workers of the three colleges of Education.

Consequently, the staff unions have resolved to meet their members with a view to endorsing the agreement for the suspension of strike action so that academic activities will resume on the campuses next Monday.

This was contained in a statement issued by the Kwara State Commissioner for Tertiary Education, Dr. Amina Ahmed on Wednesday after a meeting with representatives of the staff unions.

According to a Memorandum of Understanding (MoU) signed by the unions and the state government, the striking staff of the colleges will be paid their salary arrears for the months of September and November, 2015 by Monday 18, January, 2016 via a loan to be accessed from a commercial bank.

Part of the agreement reached was that authorities of the colleges shall open an attendance register in their schools as from next week Monday, and that no union leader or member shall be victimized on account of the industrial action.

It was also agreed that all backlog of salaries owed the workers from April to July, 2015 will be taken care of when the expected bail-out fund promised by the Federal Government is received by the state government.

In case of any further delay in the release of the bail-out fund by the FG, the unions asked the state government to direct the management of the colleges to pay gradually from the Internally Generated Revenue (IGR) of the institutions.

The State government appreciated the workers for their peaceful conduct during the strike action while pledging that it will release the back-log of salaries owned the workers as soon as expected bailout from the CBN is received.



CAF, AFC to sign MoU

Posted: January 13, 2016 in General

The Confederation Africaine de Football (CAF) and the Asian Football Confederation (AFC) are set to grow closer with the signing of a Memorandum of Understanding (MoU) on Friday, January 15, 2016 at 11:30 AM (local time) at the Serena Hotel in Kigali, Rwanda.

CAF President, Issa Hayatou, and AFC President, Shaikh Salman Bin Ibrahim Al Khalifa, will sign the MoU of mutual co-operation on development of football between the two confederations.

The two Presidents will be assistedby Hicham El Amrani, General Secretary of CAF and Dato’ Windsor John, General Secretary ofthe AFC.

The MoU which will be valid for four (4) years and open to renewal is meant to strengthen cooperationbetween the two confederations and provide a framework for exchanges on competitions and formation.

This will be achieved through the sharing of information, experience, initiating high level competitions, conducting joint technical development programs invarious fields such as: Coaching, Refereeing, Youth football, Women’s football, Integrity, Administration, Marketing, Media and Innovative technologies.

There will be a press conference tobe addressed by the Presidents of CAF and AFC after signing the MoU.

About CAFThe Confédération Africaine de Football (CAF) is an international non-governmental organization and the football governing body in Africa. It is currently running 11 competitions amongst which the African Cup of Nations (CAN) and the African Nations Championship (CHAN).

CAF was founded in 1957.It has a membership of 54 NationalAssociations.

NASS declares 2016 Budget missing

Posted: January 12, 2016 in General

The 2016 Budget proposal is missing in the National Assembly.

Senators on Tuesday at the resumption of work declared the Budget proposal, submitted to the National Assembly by President Muhammadu Buhari, shortly before they went on Christmas and New Year breaks, missing.

Dependable sources in the Senate informed that the alarm was raised at the closed-door session of the senators on Tuesday.

Though details were still sketchy as at press time, there had been issues over the content of some sections of the Budget, with some senators and officials of the Presidency late last year saying that the estimate need not be sent back to President Buhari for adjustment.

Their contention was that once the figures remain the same, internal tinkering can be done by the National Assembly to have a perfect budget.

This position was shared by the Special Adviser to the President on National Assembly Matters (Senate), Senator Ita Enang.

The naira fell to a record low of 282 against the dollar on the parallel market on Monday, immediately after the Central Bank of Nigeria (CBN) announced its decision to halt sales of dollars to bureau de change operators. This new price, which the naira closed at, is the lowest the currency has been since its introduction – on January 1, 1973 – 43 years ago. On Monday, Godwin Emefiele, governor of the apex bank, declared that the bank would no longer sell forex to BDCs, which he referred to as “greedy” in their sales. “Whereas the Bank has continued to sell US Dollars at about N197 per dollar to these operators, they have in turned become greedy in their sales to ordinary Nigerians, with selling rates of as high as N250 per dollar,” he said. “The CBN sells US$60,000 to each BDC per week. This amount translates to US$167 million per week, and about US$8.6 billion per year. “In order to curtail this reserve depletion, we have reduced the amount of weekly sales to US$10,000 per BDC, which translates into US$28.4 million depletion of the foreign reserve per week and US$1.476 billion per annum. “This is a huge hemorrhage on our scarce foreign exchange reserves, and cannot continue especially because we are also concerned that BDCs have become a conduit for illicit trade and financial flows.” He said the CBN “would henceforth discontinue its sales of foreign exchange to BDCs”. Emefiele revealed that BDCs had risen from 74 in 2005 to 2,786 in 2016, with about 150 new BDC applications coming in every month, and same promoter owning multiple BDC outlets. The naira, which was trading at with BDCs around 279 earlier in the day, fell to N282 immediately after the announcement, with BDC agents confirming expected increase during the course of the week.

President Muhammadu Buhari on Monday met behind closed doors with members of the National Working Committee of the All Progressives Congress.The meeting, whichcame barely 24 hours after the party lost the Bayelsa State governorship election, was also attended by the Vice President, Prof. Yemi Osinbajo.The meeting, whichstarted at about 8.15pm, was held inside the First Lady’s Conference Hall.Those in attendance included the party’s National Chairman, Chief John Odigie-Oyegun; Deputy National Chairman,Lawali Shuaib; Zonal Vice Chairman, Segun Oni; the National Legal Adviser, Muiz Banire; and Secretary to the Government of the Federation, Babachir Lawal.The meeting was still in progress as at the time of filing this report.

Memunat, wife of Super Eagles midfielder, Fegor Ogude, who was kidnapped on Monday, has been freed by her abductors.This was revealed by the Media Officer of the National Under-23 Team, Timi Ebikagboro, on Sunday.Writing on his Twitter handle late on Sunday, Ebikagboro said: “To God be the glory, the wife of SE player Fegor Ogude, Memunat has been released, she was released minutes ago, and isnow with her family.”Memunat was kidnapped in Warri,Delta State on Monday night by gunmen who stormed her residence.Ogude, a member of the Super Eagles team that won the 2013 Africa Cup of Nations, plies his trade in Russia with FK Amker Perm.