Gunmen kidnap 84-yr-old ex-Biafran soldier, wife

Gunmen kidnap 84-yr-old ex-Biafran soldier, wife

EIGHTY-FOUR-year-old Biafran warlord, Major Azum Asoya (rtd) was kidnapped, Friday night, by gunmen with his wife in his hometown, Okpanam, while attending a burial ceremony at about 10.30 pm.
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G7 defection: Matters arising

G7 defection: Matters arising

When a major political event like the defection of the rebellious members of the Peoples Democratic Party, PDP, to the All Progressives Congress, APC, takes place, it is easy to get confused. When confusion sets in, you will see people who should be sober or suspicious rejoicing as though they have won a major trophy.

Opeyemi Bamidele dumps APC for LP

Opeyemi Bamidele dumps APC for LP

After months of horse‑trading and political manoeuvring, a member of the House of Representatives in EkitiState under the platform of All Progressives Congress, APC, Hon. Opeyemi Bamidele has finally dumped APC for Labour Party, LP.

Paradox of debt accumulation in spite of healthy reserves

Paradox of debt accumulation in spite of healthy reserves

The subject of reckless debt accumulation has been discussed in several articles such as “Another Useless Debt Burden” November 2006, “National Assembly Fiddles as Debt Burden Cripples” May 2008, etc (please see www.lesleba.com). Incidentally, when Nigeria’s Debt Management Office (DMO) was established in 2003, the excruciating existing burden of external debt was over $35bn; domestic debt, however, was still tolerable and manageable, with treasury bills accounting for about 60% at over N800bn, while treasury bonds accounted for about N430 billion.

CSR: GTBank, Access Bank sponsor Ikoyi passport office waiting lounge

CSR: GTBank, Access Bank sponsor Ikoyi passport office waiting lounge

Guaranty Trust Bank (GTBank) Plc and Access Bank Plc, both quoted banks on the Nigerian Stock Exchange, NSE have jointly built a waiting lounge at the Ikoyi passport office of the Nigeria Immigration Service , NIS as part of their Social Corporate Responsibility, CSR.

Don’t send students back to campuses, ASUU begs Parents

Don’t send students back to campuses, ASUU begs Parents

FORTY eight hours to the deadline given by the Federal Government to striking university lecturers to resume classes or be sacked, the union has remained adamant, advising parents not to risk the lives of their children by sending them to the campuses.

Sure-P: Okonjo-Iweala’s Waterloo

Sure-P: Okonjo-Iweala’s Waterloo

But in Nigeria, it almost invariably ends up getting bogged down in colossal corruption. The minute government embarks on a multi-billion naira enterprise the sharp guys devise the plans to subvert it by robbing the programme blind. SURE-P is going the way of National ID Card Scheme, Obasanjo’s $13-16 billion IPP for which we had nothing to show until PHCN was privatized and the National Water Rehabilitation Scheme of another regime.

Odegbami: Eagles lack cohesion

Odegbami: Eagles lack cohesion

Former Green Eagles captain and 1980 Africa Cup of Nations winner, Segun Odegbami has said there is still time for the current Super Eagles to improve, as he believes the team lacks cohesion.

Customer First: Loyalty through Service Recovery

Customer First: Loyalty through Service Recovery

Leonard L. Berry and A. Parasuraman put it beautifully. In their classic, Marketing Services: Competing Through Quality, they describe superior service recovery as “doing the service very right the second time.” In the simplest of terms, service recovery is the act of making things right for the customer whenever a service failure is occurs.

Jonathan, PDP governors meet

Jonathan, PDP governors meet

GOVERNORS elected on the platform of the People’s Democratic Party, PDP, yesterday, held a crucial meeting in Abuja, with last Tuesday’s defection of five of its governors to the All Progressives Congress, APC, as top on the agenda.

Phased import substitution policy the way forward – Tunji Owoeye

Phased import substitution policy the way forward – Tunji Owoeye

Rice import policy
The policy of the Federal government is noble and desirable. Any country that is forward looking, will want to pursue that route. The Minister of Agriculture is clear in his vision to grow rice locally, as we have more than 60 percent arable land in Nigeria. Government felt that we should discourage import and encourage our local rice production. The government did not take into consideration, the harm that smugglers will unleash on this noble policy. Now, the importers are put on hold because they cannot compete with the prices of smuggled rice, neither could the farmers and processors.

Zenith Bank named bank of the year Nigeria by the Banker

Zenith Bank named bank of the year Nigeria by the Banker

Zenith Bank PLC has been named bank of the Year Nigeria by the Banker, a publication of Financial Times of London. In a statement on its website the Banker said “Zenith has come a long way since it was founded in 1990. The bank, which had $17bn of assets at the end of 2012, is the largest in Nigeria based on Tier 1 capital, according to The Banker’s latest Top 1000 rankings. By the same measure, it is the sixth biggest lender in the whole of Africa.

Modernizing tax administration with SIGITAS

Modernizing tax administration with SIGITAS

With government spending rising, it is important for revenue administrators to devise ingenious means of improving tax collection. One sure way of doing so is automation of the tax collection process.

Vanguard Detty December