A Federation Account in trouble!

A Federation Account in trouble!

After several failed attempts by the Federation Accounts and Allocations Committee, FAAC, to share federally collected revenue to the 36 states, the deadlock was partially broken penultimate week with the sharing of nearly N1.196 trillion to the three tiers of government for the months of August and September, temporarily ending the financial drought in many states and bringing some relief to the state governors and their people.
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Integrated Energy: Breaking into the league of huge power sector investors

Integrated Energy: Breaking into the league of huge power sector investors

The race was not meant for the lily-livered investor companies. Only the courageous were expected to take a plunge into it. And courage here, under the President Goodluck Jonathan administration, is determined by the emplacement of, and adherence to due process. The Federal Government, through the Bureau of Public Enterprise (BPE), set the ground rules for the privatization of the 15 Power Holding Company of Nigeria (PHCN) successor (generation and distribution) companies.

Lagos State governorship 2015: A matter of numbers

Lagos State governorship 2015: A matter of numbers

“The population of Lagos State is estimated at 20 million with 10 million being Christians. The ten million have no more control over their lives than ten million cows being driven about by nomads”. Dele Sobowale, September 26, 2013, at the Seminar organized by Christian Conscience at Alausa, Ikeja.

Bankers Games: Keystone in last attempt for q-final slot

Bankers Games: Keystone in last attempt for q-final slot

The final group games of 2013 Nigeria Bankers Games comes up today at the Unilag Sports Complex. This is one match that carries a huge weight on it as it will determine the final two teams for the quarter finals of the group.

Traditional rulers as election campaign managers

Traditional rulers as election campaign managers

On December 14 1991, governorship elections were held in all the states of the federation. The conduct was generally hitch-free, but the result of the election in one state-Edo- was nullified by the relevant election tribunal. The tribunal took the decision having convinced itself that the election was adversely affected by undue influence occasioned by a political broadcast by a Benin Chief alleging that the Oba of Benin had directed his people to vote for the eventual winner. Although the Court of Appeal later reversed the nullification, it became a moot point in Nigeria’s electoral history that partisanship by otherwise neutral royal fathers could serve as undue influence in an election.

Meduoye prays against plane crashes

Meduoye prays against plane crashes

concerned with the recurring problem of plane crashes in the country, General Overseer of Foursquare Gospel Church, Rev. Felix Meduonye, during a recent quarterly Holy Spirit Refreshing Vigil at the Foursquare Conference Centre, Idimu in Lagos, pleaded with God to make plane crashes in Nigeria a thing of the past.

Nigerian history and the morbid obsession with national unity (5)

Nigerian history and the morbid obsession with national unity (5)

Analysis of promotions in the army between January 15 and July 28, 1966, as documented in official records and well-researched historical sources, demonstrates that Ironsi was fair to all parts of the country. Allegation that he refused to punish Nzeogwu and others implicated and detained for the January coup because most of them were Igbo cannot be sustained; it is a mischievous falsehood peddled by half-baked historians to justify the senseless and bloodthirsty revenge coup of July 29, 1966.

CNN/MULTICHOICE Journalists Awards: A night of glitz for Africa’s finest

CNN/MULTICHOICE Journalists Awards: A night of glitz for Africa’s finest

DIFFICULT TASK: It was bound to be – selection of the best journalist, that is. But it was a task that needed to be accomplished. Of the over 1,400 entries for this year’s CNN/MULTICHOICE AFRICA JOURNALIST AWARD, 27 finalists emerged. And of the finalists, only 16 winners emerged in the categories up for grabs.