RESIDENTS of Hausa quarters and environs in Sapele, Delta State have started relocating from the area, following two explosions in less than one month for fear of being maimed or killed.

Six states in the North have budgeted about N732. 77 billion for the 2012 fiscal year.
Kano budgeted N210 billion; Borno, N130 billion; Jigawa, N104 billion; Sokoto, N100.77 billion; Nasarawa, N97 billion and Gombe, N90 billion.

AN Abuja-based legal practitioner, Mr. Okoi Obono-Obla, has dragged the Independent National Electoral Commission, INEC, before a Federal High Court, Abuja, urging the court to compel the electoral body to account for the N87 billion given to it for conduct of the 2011 general elections.

As Lagos residents were making last preparations on New Year’s eve to usher in a fresh year, tragedy struck again, after a two-storey building under construction collapsed in Oshodi Local Government Area of Lagos State, killing four persons.

Akwa Ibom State fishermen have complained about the directive by the Nigerian Oil Spills Detection and Response Agency, NOSDRA, that fishing be suspended because of the recent Bonga oil field spill.

Governor Babatunde Fashola of Lagos State has called for restraint from Nigerians so as not to worsen the security situation in the country. He called on Nigerians, irrespective of ethnic and religious divides, to continue to live in peace as Nigeria’s diversity has always been a unifying factor for the country.

GENERAL Overseer of the Redeemed Christian Church of God, RCCG, Pastor Enoch Adeboye, in the new year predictions assured Nigerians that there would be major surprises both for God’s children and for the enemies of the Church.

As the cashless economy initiative of the Central Bank of Nigeria (CBN) goes full throttle from today, the Independent Automated Teller Machine (ATM) Deployers (IADs) licensed by the apex bank have criticised the policy reversal of the Bank’s directive on the deployment of offsite ATMs, saying that CBN was insensitive especially in the light of huge investments already made.

FIVE persons, including a chief and a lawyer, have been quizzed by policemen from the Zonal Command of the Police, Benin City, Edo State for allegedly selling the property of a dead man, Chief Jenake Idjogbe in Sapele, Delta State.

President Goodluck Jonathan presented year 2012 budget proposals to the National Assembly barely a week before the Christmas recess! Incidentally, the 2012 budget is the first budget crafted on the foundation of the transformation agenda “which spells out the strategic direction of Jonathan’s Administration”.

THE Civil Liberties Organisation, CLO, South East zone, yesterday, condemned killing of over 60 innocent Nigerians by hoodlums in Ebonyi State on Saturday.

The year 2011, will remain one to remember for investors in the Nigerian capital market. The year was marred with a number of unpleasant situations, ranging from the continuous decline in investment, companies opting out of the stock exchange, nationalization of three banks with investors losing their investments…

In a renewed vigour to stem capital flight from Nigeria through film-making and advertisement recordings abroad, Solution Media and Infotech, said it has invested over N500 million in modern equipment to enhance the potential of the industry.

The prospects and the problems associated with the Sovereign Wealth Fund, SWF, are often inextricably intertwined because the funds to be managed are still subject to the judgments of “doubts and certainty” exercised by the people selected to manage the funds.