• FG eyes solid minerals export as revenue from oil drops abysmally

    01/Aug/2016 // 472 Viewers


    The Ministry of Solid Minerals Development and the Association of Metal Exporters of Nigeria (AMEN) have reached an agreement to develop the potential of the solid minerals sector in line with the economic diversification programme of the government.

    The leadership of AMEN paid a courtesy visit to the Ministry of Solid Minerals Development during which the two parties committed to working together to develop the indigenous solid minerals sector and reposition it as a major foreign exchange earner for the country. Minister of Solid Minerals Development, Dr. Kayode Fayemi, and the Minister of State for Solid Minerals Development, Hon Bawa Bwari, received the executive members of AMEN led by its President, Seun Olatunji.

    Other members of AMEN at the meeting included vice president, Mr. Bamidele Ayemibo, and executive member, Mecha Udomecha.

    Fayemi said the government was committed to developing the solid minerals sector in a way that ensures that Nigerians benefited fairly from the natural endowments by participating in the operations, while simultaneously developing the potential of the sector as a major non-oil revenue earner.

    He said the Ministry had engaged in far-reaching consultations as part of its commitment to pursue an inclusive approach that carries all stakeholders along, noting that there is need for all Nigerians to join hands with government to successfully diversify the economy.

    Fayemi said the government was not unaware of the illicit export of Nigeria’s valuable solid minerals without appropriate revenue accrual to the Federal Government, decrying the connivance between Nigerians and foreigners to swindle Nigeria of her revenues.

    He said the Ministry would work with Nigerian Customs Service, Standards Organisation of Nigeria (SON), Nigerian Port Authority (NPA) and other agencies to create an efficient synergy that benefits stakeholders.

    He noted that the most profitable way to approach the sector is through value addition, such as solid minerals beneficiation and crushing, assuring that government would provide the facilities to develop the value-chain in the sector.

    Fayemi pointed out that the Ministry has been working with international partners to enshrine global best practices in the sector citing the partnership with international inspection companies like SGS to manage the highly sophisticated NGSA Laboratory in Kaduna State as well as SGS establishing a testing laboratory in Lagos State.

    Fayemi commended the registered metal exporters for their patriotism and commitment to the development of the solid minerals exports.

    Bwari urged Nigerian companies to look beyond rudimentary exploitation to development of the full value-chain of the sector, citing China’s development as a country.

    He also commended the metal exporters and enjoined them to always bring valuable information to the Ministry as this is vital to the growth of the sector.

    Olatunji commended the purposeful leadership of Fayemi and expressed the readiness of the association to support the government in its diversification programme.

    He pointed out that members of his association were responsible for a large chunk of the $1.742 billion repatriated as export proceeds between 2010 and 2015 as confirmed by the Central Bank of Nigeria (CBN), stressing that AMEN’s members were responsible for more than 50 per cent of the metallic solid minerals exports from Nigeria especially Lead, Zinc, Copper and Manganese.

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  • Pathetic! Read what led Olisa Nwakoby , bank manager, to commit suicide in Lagos on Friday last week

    01/Aug/2016 // 2496 Viewers


    First City Monument Bank Plc says its official, Olisa Nwakoby, who committed suicide on Friday in front of Our Lady Star of the Sea Catholic Church in Lekki, Lagos State, had personal challenges and became frustrated.

    The bank, however, noted that neither the management nor colleagues of the deceased were aware of the challenges, adding that it was working with Nwakoby’s family and the police to unravel the nature of the challenges.

    Forty-four-year-old Nwakoby, said to be the manager of the bank’s branch in Lekki, shot himself in the head over a bad debt estimated at N350m on Friday. 
    The deceased was said to have given out the sum as loan to a bank customer, who allegedly failed to service the loan.

    He was reportedly under pressure from the bank’s management to repay the loan and became frustrated as he could not meet the demand.

    But the Acting Group Head, Communications and Brand Management of the FCMB, Lola Egboh, who spoke with our correspondent on the telephone on Sunday, said the suicide had nothing to do with the bank, adding that she did not have the knowledge of any loan.

    Egboh, who described Nwakoby’s death as shocking, said the bank would have come to his aid if it was aware that he had emotional challenges.

    She said, “It is rather unfortunate that the incident happened. Mr. Nwakoby was a member of staff of the FCMB. We are not aware that he was facing personal challenges, which led to the incident. As a bank that caters to the well-being of its workers, we have counsellors who could have helped him. This came as a surprise to us as it was to the public. It is such a trying time for the family; we have been in touch with them. There is a lot of speculations going on at the moment, a lot of them unfounded.

    “We are working closely with security operatives and his family to understand what could have led to the personal challenges. I am not aware of any loan. I can’t comment on speculations.”

    Efforts to speak with the family proved abortive as of press time. But a source close to the family said, “They were too distraught to speak to the press now.”

    The Lagos State Police Public Relations Officer, SP Dolapo Badmos, said a pistol and live cartridges were recovered from the scene, adding that Nwakoby  corpse had been deposited at the Lagos Island Hospital’s morgue.

    She said, “At about 9.45am on Friday, one Olisa (Nwakoby) allegedly shot himself in the head with a pistol in front of Our Lady Star of the Sea Catholic Church on Northern Foresore Estate, Lekki.

    “A team of policemen attached to the Ilasan division visited, examined and photographed the scene. The exhibit, a silver America pistol with five rounds of unexpended ammunition, was recovered to the station while the corpse was removed and deposited at a morgue for autopsy. Investigation is ongoing.”

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  • 'Why we suspended today's declaration of Independence, all is not over yet' - Adaka Boro Avengers

    01/Aug/2016 // 11887 Viewers


    The Adaka Boro Avengers (ABA) said on Sunday that it has suspended today’s declaration of Niger Delta territory an independent republic. The group, however, vowed that its mission to cripple Nigeria’s economy remained on course and “will not stop until the Nigerian government is ready to sit on a roundtable to dialogue and to restructure Nigeria.”

    It also warned the Federal Government against having any discussion with the Movement for the Emancipation of the Niger Delta (MEND) and described them as “greedy fellows” who are only after “stipends.”

    ABA, which said its move to declare independence was not for selfish reasons, added that it was shelved following appeals from the people of the area.

    A statement signed by General Edmos Ayayeibo, the group’s spokesman, said, “We received calls from prominent leaders like Dr. Goodluck Ebele Jonathan, Mrs. Ankio Briggs, Chief. E. K. Clark and especially King Alfred Diete Spiff calling on the freedom fighters to abort their mission to declare Niger Delta Republic.”

    The statement quoted General Goddey, ABA leader, to have said that the grievances of the group bordered on how “the Nigerian government has enslaved…the people of Niger Delta region.”

    “We adhere to the voice of our people, because our struggle is for the Niger Delta people and not for selfish reason. But this is not the end. More is yet to come. Our mission to cripple the economy of the Nigerian nation will not stop until the Nigerian government is ready to sit on a roundtable to dialogue and to restructure the Nigeria.

    “Unless that, we will not stop until Nigeria becomes a zero economy. We are also saying this for the benefit of President Muhammadu Buhari and Nigerian government to stop wasting their time with those greedy fellows that call themselves MEND because nothing good will come out of them rather than sabotage. Those old fools cannot stop us and they know it very well. We know what they are after is all about stipends.

    “Everything they are saying, not even one will be accomplished. We will never agree with anything they say and henceforth MEND should watch their back because we have tolerated them for a very long time.

    “Enough is enough, since they want to set confusion in the Niger Delta we will start from them.”

    Independent recalls that ABA had on Sunday, July 17 issued a three-week notice of its intension to declare the Niger Delta an independent republic on August 1.

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  • Breaking: Another man, aged 50, commits suicide in Lagos!

    01/Aug/2016 // 489 Viewers


    PARIS, AUGUST 1, 2016: (DGW) REPORTS filtering in from Lagos, Nigeria's economic capital say a 50-yr-old Chinese man, Si Gucal, aged 50  committed suicide in his Lagos residence on Thursday last week.

    The corpse was found hanging on an iron window in his room at Itohan Avenue in Ikeja area of Lagos.

    Confirming the incident to newsmen, Lagos State Police Command spokesperson, Dolapo Badmus, said detectives from Homicide stormed the above-named house and investigation into the incident is ongoing.

    Meanwhile, the corpse has been deposited at the morgue for autopsy.

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  • We came to N'Delta for peace, we can not rule Nigeria by force - Dan Ali, Nigeria's Defence Minister

    01/Aug/2016 // 4493 Viewers


    PARIS, AUGUST 1, 2016: (DGW) THE Minister of Defence, Mansur Dan Ali and Chief of Defence Staff, Gen. Abayomi Olonisakin, Commander of the Joint Force, (Operation Delta Safe), Rear Admiral Joseph Okojie and other top military officers have explained their mission in the Niger Delta.

    The above-named military officers said they were in the region  to look for peace in a bid to halt the renewed militancy in Nigeria's oil-rich Niger Delta seeing that they can not rule Nigeria by force.

    Also forming part of their visit to the region, they said , was  to seek support and inspect facilities for the planned move tagged “Operation Crocodile Smile.”

    The weekend’s visit of the military chiefs came on the heels of threats by some militants under the auspices of the Adaka Boro Avengers, to secede on August 1, coupled with the frustration of the Federal Government to identify the real people to negotiate with as the main militants group. 

    The minister, who disclosed that the military was training a special brigade to assist in the region, solicited assistance from the state government, especially in identifying illegal websites used by those he described as elements who seek to destroy the unity of Nigeria.

    According to him, efforts are on to incorporate beneficiaries of the Federal Government’s Amnesty programme in the fight against pipeline vandalism.
    “We are here to look for peace, but we are also preparing, in case the peace and negotiations are not favourable. We are also, on our own side, making all the arrangement so that there will be peace in the Niger Delta. We cannot rule out force.”

    Olonishakin said the army was ready to do anything possible to ensure peace returns to the oil-rich region. “The military has a constitutional duty to ensure that there is peace and we are here for peace, and whatever we need to do, we will ensure that.”

    Dickson renewed his earlier call for the establishment of special brigades of the Nigerian Army in the state, with a view to curbing criminal acts and contributing to the overall peace and stability of the Niger Delta.

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  • Finally Rev Mbaka makes U-turn, goes agains Buhari, read his prediction for Buhari

    01/Aug/2016 // 21424 Viewers


    PARIS, AUGUST 1, 2016: (DGW) THE  fiery Catholic cleric, Rev Fr. Ejike Mbaka has finally thrown in the towel because of the ongoing hardship staring Nigerians ominously in the face.

    Mbaka, while speaking against the present Muhammadu Buhari-led government in a video clip that has gone viral decried the present living condition of Nigerians which he described as appalling and urged the President to urgently come up with economic policies to rescue Nigerians.

    Said the Catholic priest: 'The landlords are crying, tenants are lamenting, sellers are crying, buyers are lamenting'

    Speaking further in the video clip, the Catholic priest said many students have been rusticated  as a result of their inability to pay school fees  and the story is not anything different for proprietors who have eventually become depressed. All in all, he said, things have become so bad that the President does not stand any chance of being re-elected in 2019.

    WATCH VIDEO: Published on Jul 23, 2016

    Alright., Rev Fr.Mbaka Finally speaks concerning the current Nigeria Economic situation. Here he Advised the president of Nigeria on what is expected of him or be voted out in 2019.

    Mbaka lamented that he had to unavoidably speak the truth seeing that his church members are also citizens of Nigeria suffering from the poor leadership of President Muhammadu Buhari arguing that if things continue like this  no one would risk voting to return Buhari to office.

    He warned that in the face of hunger and suffering people could be tempted to do anything.

    His words: ''People are smelling of suffering, to feed is now a problem and a hungry man is an angry man. Hunger and angry will lead to danger'', he warned.


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  • The KANU we know can't betray his belief on Biafra, it's childish for FG to think otherwise - MASSOB

    01/Aug/2016 // 1307 Viewers


    The Movement for the Sovereign State of Biafra, MASSOB, yesterday, lashed out on the Federal Government and the Movement for the Emancipation of the Niger Delta who are currently engaged in a dialogue to end renewed bombing in the oil-rich Niger Delta, describing their condition to free detained Director, Radio Biafra, Nnamdi Kanu, as laughable.

    MEND had in a statement weekend through its spokesperson, Jomo Gbomo, said that it proposed to the Federal Government, ”to release the leader of the Indigenous People of Biafra, IPOB, Nnamdi Kanu, on the condition that he renounces the agitation of Biafra Republic” as resolutions to end the revolts in the South East and South South geopolitical zones.
    But frowning at the resolutions from MEND, a leader of MASSOB, Uche Madu, in a statement signed and made available to newsmen in Enugu, yesterday, insisted that the agitation for Biafra Republic was hinged on self determination which has become a spiritual movement that cannot be quenched by any force.

    Madu said: “The condition for Nnamdi Kanu’s release is a bluff by the Federal Government that knows nothing about genuine self determination.
    ”This condition is not only laughable but inconsequential. MASSOB does not see Mazi Nnamdi kanu as one who can betray his belief on Biafra, He is not a sellout. His ideologies on Biafra may differ.

    “He can never betray hundreds of Biafrans that died recently on the course of Biafra. Biafra is not a religious faith that can be renounced or abandoned.”Nobody can renounce Biafra, it is an identity, culture, tradition and existence of group of nationalities. It’s not personal or individualistic. There are thousands of Biafranistic persons more determined, consistent, dangerous, focused, unshakable than Nnamdi Kanu.”

    “It is childish on the Federal Government to expect Nnamdi Kanu to renounce Biafra which is the fate of over fifty million people. MASSOB advices President Buhari to save his battered Nigeria face from more diplomatic shame by allowing the court to grant Nnamdi Kanu others bail. We shall continue to press for their release including the ultimate aim of Biafra actualization with non violence. Nigeria will soon experience another dimension of non violence struggle that will marvel them,” MASSOB leader vows.

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  • Nigerians weep as “Saint” Buhari spends a whooping N2.2 trillion, despite hardship

    01/Aug/2016 // 597 Viewers



    Despite the trillions of naira that was reportedly accrued to the Federal government account in less than one year, millions of Nigerians still live below poverty line, without any means of survival.

    Reports have revealed that President Muhammadu Buhari’s administration received a total of N2, 203,573,573,563.25 from the Federation Account as allocation between June 2015 and May 2016.

    In a recent survey conducted by the Economic Confidential, it stated that during the period under review, the administration got the highest allocation in July 2015 with N412.60 billion and the lowest allocation of N113.80 billion in May 2016.

    The report further revealed that in June 2015, the Federal Government received N173.91 billion made up of N159.72 billion for Consolidated Revenue Fund, N3.27 billion for share of derivation and ecology, N1.63 billion for Stabilisation Fund, N5.49 billion for development of natural resources and N3.78 billion for the Federal Capital Territory Administration.

    In August, September and October 2015, it received N216.99 billion, N180.86 billion and N162.93 billion respectively. Between November and December 2015, the Federal Government also got N205.15 billion and N151.64 billion to end the year.

    In January 2016, it received N175.04 billion made up of N160.87 billion for consolidated revenue fund, N3.10 billion for share of derivation and ecology, N1.77 billion representing that of stabilisation fund, while development of natural resources and FCT stood at N5.46 billion and N3.82 billion respectively.

    However, in the subsequent three months, the Federal Government witnessed a drastic reduction in revenue in a descending order of N150.32 billion, N139.36 billion, N120.92 billion for February, March and April respectively.

    Meanwhile, total inflows into the Treasury Single Account, TSA, of the Federal Government under President Buhari stood at N3 trillion, while the number of Ministries, Departments and Agencies MDAs rose to 976. - POST.NG

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  • MASSOB speaks again on Nigeria's fragile unity, read what it says must happen in Nigeria

    01/Aug/2016 // 877 Viewers


    PARIS, AUGUST 1, 2016: (DGW) The Movement for the Actualization of the Sovereign State of Biafra, MASSOB,  amid many other things has finally  bared its mind on the fragile unity of the federation of Nigeria.

    The group while recounting distressing events so far ranging from the renewed agitation and militancy in the Nigeria's oil-rich Niger Delta said it has inevitably come to the conclusion  that there is no going back on renegotiating the fragile unity of the Nigerian federation.

    One of MASSOB's National Leaders who spoke through its  National Director of information, Sunday Okereafor, said that the agitation  across the country by different groups and ethnic nationalities speaks volumes for the renegotiation of the unity of Nigeria.

    His words: “In the country now, we have Boko Haram insurgents in the north-east who do not want western education, but want everybody to embrace Islam, kill­ing and causing havoc in the entire geo-political zone.

    “Also, Fulani herdsmen are terrorising the entire country, killing, kidnapping and raping women at will, and destroying farmlands without government doing something.

    “In the Niger Delta, we have the Niger Delta Avengers (NDA), whose activities are akin to the (MEND), holding the na­tion’s economy in ransom.

    “In south-east, MAS­SOB, in its non-violent campaign, has sustained the struggle.

    “With all these agitations, how can it be said the unity of the country is not negotiable?, he queried.

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  • We didn't forge document, no evidence against us, my only offence in Nigeria is my emergence as Deputy Senate President - Ekweremadu

    01/Aug/2016 // 6311 Viewers


    Deputy Senate President, Ike Ekweremadu, has again reinstated his innocence over the charges of forg­ery of the Senate Standing Rules brought against him by the Federal Govern­ment, stressing that his only offence is his emer­gence as the Deputy Presi­dent of the Senate against the wishes of the “powers that be.”

    Speaking when members of Enugu State Economic Advisory Committee paid a solidarity visit to him at his residence in Enugu, Ekwer­emadu said his hands were clean.

    Ekweremadu, who is also a member of the high-pow­ered Economic Advisory Committee set up by Gov­ernor Ifeanyi Ugwuanyi, re­iterated his commitment to the principles of separation of power, independence of the legislature and growth of the nation’s democracy.

    “I am indeed humbled by your solidarity. As they say, the true test of a man is not where he stands in the time of comfort; it is where he stands when there is crisis. Many people may not take this step of faith because of the situation we found our­selves in the country; some may be afraid of their lib­erty and afraid of any repri­sals. But you have stepped out to come and show soli­darity and ask questions in a matter concerning one of your sons.
    “Let me start by saying that I reinstate my inno­cence; that I committed no offence or forged any documents; and non of the accused persons, to the best of my knowledge, commit­ted any offence, let alone forging any document. Let me also say that no sena­tor accused me, President of the Senate or the other people of committing any offence. No senator or bu­reaucrat accused us of forg­ing any document.

    “Again, as a lawyer, I know what is called proof of evidence, that is the statement of witnesses who are going to confront you with the offence for which you are being charged.

    “I was served, and I have read this document (court process) from the first page to the last page; no wit­ness said any of us com­mitted any offence. Our only offence is that Senator Bukola Saraki and myself emerged as President of the Senate and Deputy Presi­dent of the Senate. Some people found it unaccept­able, and that is why we are being charged, not that we committed any offence,” he said.

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