Coping in times of uncertainty (2)
The Nigerian economy is in recession. Looking back, there was a recession starting in 1981 which was also influenced by a significant drop in crude oil prices in 1986. The Federal Government, FGN, introduced economic policies described as a Structural Adjustment Programme, SAP, and a Second-Tier Foreign Exchange Market, SFEM. From that time, the value of the naira against the United States dollar has moved from N3 to N200 to the dollar. Whoever emerges as President from the forthcoming national elections would have to take measures that would improve our economy.
Satellite operators find common voice for future communications
Chief executives of the world’s leading satellite operators met recently at the Satellite 2015 Conference in Washington, USA, to announce that henceforth, they will work with a common voice to detect the future of satellite communications. The world’s only CEO-driven satellite organisation also known as ESOA, is expanding to include satellite operators from the ITU’s region 1, namely Europe, the Middle East, Africa and the Commonwealth of Independent States, CIS.
9 dead, 765 cattle missing as rustlers strike in Plateau
Jos—NO fewer than nine people were feared dead in a village in Foron district of Barkin Ladi Local Government Area of Plateau State, yesterday, as suspected cattle rustlers struck.
APC asks to be joined in UPN suit
LAGOS—The All Progressives Congress, APC, has asked a Federal High Court sitting in Lagos, to join it in the suit by Unity Party of Nigeria, UPN, against the Independent National Electoral Commission, INEC, in which it, UPN, is seeking to have the electoral commission list its presidential candidate and other candidates for the March 28 and April 11 general elections.
Pregnant woman arrested over human parts business in Ibadan
IBADAN—A 25-year-old pregnant woman, Mrs Saki Adediran, who allegedly specializes in selling human parts, was among scores of suspected dare-devil robbers, vandals and rapists paraded by Oyo State Police Command, yesterday.
Father of 2 in Police net over lover’s death
A father of two, identified as Christopher Ezekiel, is currently being investigated by the Lagos State Police over the alleged death of his Facebook lover, named Adekemi Faboro.
