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How Nigeria discourages FDI

Nigeria was once the first destination in Africa for Foreign Direct Investment, FDI. But now, according to a study, the country ranks nineteenth. Recently, the National Bureau of Statistics, NBS, reported that FDI flow plummeted from $9.64 bn in 2015 to $5.12 bn in 2016, a whopping 46 per cent drop. That  drop only tells part of the story and does not reveal the challenges facing the nation which badly need a lot of FDI.

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Return of refuse in Lagos

Lagos, Nigeria’s high density commercial and industrial capital, is back to wearing a garb of filth as heaps of refuse have taken over the metropolis. Not quite long after medical experts had, in reaction to the development warned of a possible outbreak of epidemic as a consequence, there have been reports of deaths arising from Lassa fever infection in the state, with a lot of people under surveillance due to exposure to the disease.

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Cutting the cost of oil production

Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, had last week in a public event, indicated that the Federal Government is set to compel International Oil Companies (IOCs) to cut the cost of producing oil in Nigeria. He said the move was to cope with the current low price of crude oil in the international market.

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Rescue of the Lagos schoolboys

After 64 gruelling days in kidnappers’ captivity, the six students of the Lagos State Model College, Igbonla, Epe, were rescued by the combined efforts of the Police and other security agents. The rescue operation reportedly left 20 of the gangsters dead while a civilian volunteer who assisted the security agents lost his life. Also, eight policemen and four other civilian volunteers were injured.

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Vital issues in Delta State LG elections

ONE attribute of democracy is the organisation of elections as at when due at all levels of governance. Dr Arthur Ifeanyi Okowa’s attitude to this, is regenerativeness aas opposed to what obtained during the era of his predecessor, Dr. Emmanuel Uduaghan who apointed sole administrators to mann the local government councils. For the eight years of Uduaghan as governor, he was only able to organise local government elections once, that is at the twilight of his exit from office, an aberration that could only be tolerated in a conservative political environment.

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Combating anti-microbial resistance

The recent warning by the World Health Organisation (WHO) about the global emergence and menace of Anti-Microbial Resistance (AMR) remains a source of worry. AMR is the resistance of a micro-organism to a drug that was originally effective for treatment of infections caused by that microbe. It is currently one of the greatest global crises in public health.

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FG should probe Bakassi killings

News that no fewer than 97 Nigerian fishermen were killed in the Bakassi Peninsula by suspected Cameroon gendarmes outraged many Nigerians, more so as such sad events had been taking place even before the area was ceded to Cameroon following a World Court ruling in its favour. Giving credibility to the report, the UN Office for West Africa and the Sahel, UNOWAS, issued a statement regretting the killings.

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Saving our bridges from collapse

THE Federal Road Safety Corps, FRSC, has raised the alarm that gridlocks created by tankers, including other articulated vehicles on bridges in Lagos and other major cities are dangerous and capable of damaging them. The Lagos State Sector Commander, Mr Hyginus Omeje, harped on the need to preserve the bridges to last longer. For years, intractable traffic lockdowns have bedevilled the Apapa axis of Lagos. The impact of the congestion is weakening the bridges daily.

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No to age barrier for election

The #Not Too Young To Run (NTYTR) movement, a coalition of about 80 youth groups rallied at the Unity Fountain, Abuja on Tuesday, 25th July 2017 to show its rage and disgust at the alleged termination of a Bill to reduce the antiquated and anti-youth age barrier to qualification for elections in Nigeria.

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