AMCON, Bank lending and jobs – 1
What Ibrahim Okai said in the 1980s was true before then and still true today – especially in Nigeria. Banks according to economic principle, are the only entities established to create wealth. But, they seldom do it for the poor in most countries. In Nigeria, never. In fact, here, they prefer to lose money on rich dead-beats than to make money on small struggling business people.
FERMA gets marching orders on road rehabilitation
BENIN—FOLLOWING the directive by the Presidency that all critical Federal Government highways across the country be put in shape by December 2012, the South-South Zone 11 of the Federal Roads Maintenance Agency, FERMA, has awarded over 10 road contracts in the zone comprising Edo, Delta and Ondo states.
Flood kills fisherman, sacks 200 orphans in Delta
WARRI—THE ravaging flood sweeping through Delta State, Sunday, killed a 53-year-old fisherman, Mr. Adepere Wilfred in Bobougbene community, Burutu Local Government Area of the state and sacked 200 inmates from their orphanage home at Irri in Isoko South Local Government Area of the state.
Oshiomhole vows to restore integrity in public schools
GOVERNOR Adams Oshiomhole of Edo State, has vowed to restore the integrity of public schools, saying teachers must show commitment to building the future of children.
Ex-Minister’s arrest: Cargo owner nabbed
THE suspected owner of the allegedly stolen petroleum cargo that was traced to the storage facilities of Integrated Oil and Gas Company, owned by former Minister of Interior, Captain Emmanuel Ihenacho, has been arrested.
ASUU blames FG for low rating of Nigerian varsities
ACADEMIC Staff Union of Universities, ASUU, has blamed the decay in the university education system in the country on Federal Government’s alleged insensitivity, saying that it was responsible for the non- inclusion of any of the country’s universities among the best 400 universities in the world.
