The war of words be-tween President Goodluck Jonathan and former Vice-President Atiku Abubakar over the authorship of a rigging roadmap for the 2011 presidential primaries of the Peoples Democratic Party, PDP, continued at the weekend, with Atiku’s campaign group blaming leakages in Jonathan’s campaign for the revelation.
Details have emerged on how 75 senators on the platform of the Peoples Democratic Party (PDP) were persuaded to endorse President Goodluck Jonathan as the candidate of the party for the 2011 presidential election.
Indications emerged weekend that airlines have not been able to access the N500 billion bailout to some sectors of the economy, including aviation, due to the tussle among the Central Bank of Nigeria, CBN, Aviation Ministry and Nigerian Civil Aviation Authority, NCAA, over who should disburse the money.
BANKERS in the country, weekend, said there was no justification for the nation’s external reserve to plummet from US$62 billion in 2008 to the presentUS$34 billion at present, warning that the trend portended great danger for the economy.
NO fewer than 35,000 youths of Abeokuta South Federal Constituency, Ogun state, in what looked like a carnival yesterday met at Centenary Hall, Ake, Abeokuta, and formally endorsed the Speaker of House of Representatives, Rt.Hon. Dimeji Bankole for another term as their representative in the House of Representatives.
Mrs Sylvia Sinaba, Senior Advocate of Nigeria, SAN, would have been alive, if managers of the Oniru private beach, Lagos, had done what they were supposed to do, which is to provide enough divers at the beach and station a trained auxillary nurse at the waterside.
The federal government and the other two tiers of governments have so far shared N5.068 trillion in 2010 , while the federal government overspent by N726 billion in the first nine months.
THE reported events of Thursday November 16, 2010, highlighted what Nigerians knew all along. For starters, a group known as Coalition of Atiku Northern Supporters (CANSU) who are staunch supporters of the former Vice-President, Alhaji Atiku Abubakar, was reported to have issued a statement.
National Insurance Commission (NAICOM) and insurance operators have embarked on an enlighten campaign to sensitise the public on the need to hold at least six insurance policies. The campaign is part of industry efforts to deepen insurance penetration in the country and ensure all Nigerians enjoy the benefits of insurance cover as obtained in developed countries.
AS the strike embarked upon by the Association of Medical and Dental Officers, AMDO, Oyo State branch, enters day 7, a chieftain of the Action Congress of Nigeria, ACN, Chief Olufemi Lanlehin, has said the strike could have been prevented if the ruling PDP had visionary leaders.
Our state is not a rich state. While we must devise effective strategies to broaden our revenue base, we would be careful not to outstretch the limited resources that we have by attempting to take on all our problems at the same time. Therefore, the government has identified a few strategic sectors that will attract our priority attention.
Activities on the Nigerian Stock Exchange (NSE ) closed the week for Christmas holiday with marginal growth, as the market indicators for measuring the performance indices, the market capitalisation and the All share index surged by 1.00 per cent each.
The capital market was characterised by a very slow gruesome recovery of the Nigerian Stock Exchange even as a monumental leadership crisis bedevilled the Exchange through the year.
The microfinance banking industry experienced the first official purging in 2010, four year after the introduction of the microfinance policy in Nigeria. The year saw the reduction in the number of MFBs by 103 courtesy of the regulatory hammer of the Central Bank of Nigeria.
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