Violence in Ogun as APC, PDP clash at Amosun’s campaign

Violence in Ogun as APC, PDP clash at Amosun’s campaign

The re-election campaign of Governor Ibikunle Amosun of Ogun State turned bloody during his visit to Remo North Local Council of the state, when the supporters of the All Progressives Congress, APC, and the Peoples Democratic Party, PDP, clashed leaving some people injured.
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‘Imo’ll repay Okorocha’s financial recklessness by voting him out’

‘Imo’ll repay Okorocha’s financial recklessness by voting him out’

Deputy Speaker, House of Representatives and Peoples Democratic Party, PDP governorship candidate in Imo State, Chief Emeka Ihedioha has restated that Governor Rochas Okorocha misappropriated N175 billion fund belonging to the local governments in the state and as such Imo people have rejected him for a second term in office.

Budget 2015: Planning to fail?

Budget 2015: Planning to fail?

Over the years, both the Legislative and the Executive arms of government have consistently demonstrated their faith in the popular axiom that “he who fails to plan, plans to fail”; consequently, they have, always ensured that an Income and Expenditure plan is passed into law annually; nonetheless, inspite of their apparent loyalty to the concept of planning, public expectation for improved infrastructure and enhanced social welfare has, ironically remained unfulfilled, such that some cynics may suggest that our economic and social welfare couldn’t be worse even if we ignored the need for a formal plan of action.

World Economic Forum recipe for infrastructure development will help Nigeria

World Economic Forum recipe for infrastructure development will help Nigeria

Nigeria has made several futile attempts to use Public Private Partnership to build infrastructure that it so badly needs. But each of the attempts has failed to achieve the desired goal. The Lagos-Ibadan Expressway, the Local Wing of the Murtala Mohammed Airport and Lagos-Epe Expressway are a few of such attempts.

NAC, WesBank meet over national vehicle finance scheme

NAC, WesBank meet over national vehicle finance scheme

The officials of the National Automotive Council (NAC) and WesBank of South Africa have met in Abuja on the proposed roll-out of made-in-Nigeria vehicle finance scheme later in the year. A statement by the NAC said its Director-General, Mr Aminu Jalal, led the Director, Policy and Planning, Mr Luqman Mamudu and Director, Industrial Infrastructure, Mr Waheed Odetoro to discuss the scheme.

Vocation & technical education – a key to improving nigeria’s development

Vocation & technical education – a key to improving nigeria’s development

Technical education is a planned programme of courses and learning experiences that begins with exploration of career options, supports basic academic and life skills, and enables achievement of high academic standards, leadership, preparation for industry-defined work, and advanced and continuing education.

From the blood-soaked battlefields of Lagos

From the blood-soaked battlefields of Lagos

‘Who goes there?!’’ they hollered. Those seated at the same relaxation spot with him were taken aback by this. Indeed, many could not help but wonder aloud what could have prompted a group of powerfully dressed young men to erupt into such a reckless outburst. It was at this point that a slim, dark complexioned man walked in.

Pension funds hit N4.5trn with 6 million contributors

Pension funds hit N4.5trn with 6 million contributors

Crusader Pension Limited, a pension fund administrator has lamented the low number of people in the pension scheme in the country, as pension funds hit N4.5 trillion. The Managing Director, Crusader Pension Limited, Mr. Adeniyi Falade, who disclosed this at the NASD OTC Private Equity Conference held in Lagos said “ N4.5 trillion of Pension Fund is available at the moment and this money needs to be invested.

Reps to probe whereabouts of N3trn NLNG profits

Reps to probe whereabouts of N3trn NLNG profits

The House of Representatives is set to investigate what happened to $14.9 billion ( about N3 trillion) profit from the Liquified Natural Gas, LNG paid to the Nigeria National Petroleum Corporation, NNPC from 2004 till date.

Ecobank, victim of injustice… 1

Ecobank, victim of injustice… 1

Organisations, especially a global bank, in its legal battle with an individual, are generally assumed to be the aggressors. When Justice Oliver Wendell Holmes, Snr, 1809-1894, in exasperation, exclaimed that, “An organisation has no pants to kick and no soul to damn.

N200bn commercial papers to hit market  in 2015  — FMDQ MD

N200bn commercial papers to hit market in 2015 — FMDQ MD

In actual fact, we have sent a mail to the JP Morgan, James Marshall that only an entity in Nigeria today can tell you the liquidity of the market. Last year, we got the market, all the dealing members reporting their activities. So, JP Morgan, and I think another by Standard Chartered research said the liquidity in the market had gone very low and they were concerned and that was what led to that negative outlook.

Penalties for late filers, ABC of tax returns (1)

Penalties for late filers, ABC of tax returns (1)

Often times taxpayers have little or no knowledge of the basic requirements for filing their tax returns as well as the consequences for late filing on these returns. Below is a breakdown of the requirements for filing your tax returns, their due dates and penalties for late filing as it applies to various tax types.

Suicide bombers on the prowl, be vigilant, military warns Nigerians

Suicide bombers on the prowl, be vigilant, military warns Nigerians

Against the backdrop of the massive air bombardments and artillery pounding of Boko Haram terrorists in the North-East, military authorities have issued a security alert warning of plans by the group to carry out suicide bombings in several parts of the country.