IF there is one thing that Prof. Attahiru Jega must avoid at this point of preparing Nigerians for the next general election, it is; suffering credibility deficit so soon. Social psychologists will tell the Chairman of Independent National Electoral Commission (INEC) that he will never regain or recover from the damage if he trifles with it.

Some financial experts have advised the Federal Government to use the proceeds from its $500 million sovereign bond judiciously. They gave the advice in separate interviews with the News Agency of Nigeria, NAN, in Lagos on Monday.

Nigerian Economic Summit Group (NESG) said it is prepared to work with the Federal Government in order to move the economy forward, and asked for speedy implementation of the N50 billion earmarked for job creation in the 2011 budget.

The Ijaw Monitoring Group, IMG, has described the alarm raised by a group called Lagos People Vanguard, accusing President Goodluck Jonathan of planing to destabilise the administration of Governor Babatunde Fashola of Lagos State as untrue and misleading, saying that it was an attempt by the group to attract undue attention from Government House for political favours.

Three persons, were, yesterday, charged before a Warri Magistrate Court, Delta State for alleged robbery and murder of a Businessman, John Oyale.

Sepp Blatter has been at FIFA for too long and needs to be replaced as president of football’s governing body, Asian Football Confederation President Mohamed bin Hammam said on Monday

Veteran sports journalist, Emeka Inyama has been cleared to run for the chairmanship of the National Professional League by the NFF electoral committee. Inyama will stand for the elections against Stephen Yakubu Gyebgon from Adamawa state

The Lagos State Chapter of the National Association of Microfinance (NAMB) has praised the federal government for its promise to set up the Microfinance Development Fund, saying it would crash the high interest rates in the microfinance sector.

The Lagos State Government at the weekend decried the removal of manhole covers on major highways in the metropolis by some unidentified people, warning that it would not hesitate to treat culprits as economic saboteurs.

MESSRS Stormberg Engineering Limited, the company developing the the multi-billion Naira ultra-modern Tejuosho Shopping Complex located in the heart of Yaba Business District, may not meet the May 2011 completion target which they had earlier set for themselves.

The importance of recreation in mental and physical development of human was demonstrated at the weekend as Lagos State Government in its quest to develop all open spaces within the metropolis into recreation and relaxation spots formally handed over the Oworonsoki Mini Sports Complex to the community.

The global deluge that swept through Australia, Brazil and Sri Lanka in the new year is a warning to the emerging trends in rain, drought and extremes weather that will assail countries in the tropics and subtropics in the years ahead as its temperature rise.
There are worries that the global atmosphere is containing more water vapour resulting from rising temperatures.

In a bid to improve the power supply situation in Nigeria, PSC Nigeria, manufacturers of solar equipment in the country said they have installed capacity of over 1,500KWp of solar PV Systems, while making efforts to increase capacity about 5,500 Kwp within the next 12 months.

The Auditor-General of the Federation, Mr. Samuel Ukura, has called for greater transparency in the management of the nation’s oil and gas resources, noting that only efficient and purposeful allocation of the resources can bring about economic growth and development in the country.

The Bureau of Public Enterprises has said that there are numerous benefits prospective investors in the power sector can derive from the series of global investment forums, which kicked off last week in Lagos.