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Osun will invest massively in cocoa production – Aregbesola

Osun will invest massively in cocoa production – Aregbesola

Gov. Rauf Aregbesola of Osun said the state would invest more in cocoa and other agricultural produce to improve its internally-generated revenue profile.
Aregbesola, who stated this at a meeting with cocoa producers in Osogbo on Sunday, said 60 million “active’’ cocoa trees had been identified ‘for the production of “Cocoa Omoluabi’’ in the state.

50 feared killed in Boko Haram attack in Borno

50 feared killed in Boko Haram attack in Borno

Around 50 people were feared killed when Boko Haram fighters armed with guns and explosives attacked a village in northeastern Nigeria, the army and local residents said Sunday.

FG playing politics with Kanu’s detention – MASSOB

FG playing politics with Kanu’s detention – MASSOB

Worried by the continued detention of the Leader of the Indigenous People of Biafra, IPOB, and Director Radio Biafra, Nnamdi Kanu, the Movement for the Actualization of the Sovereign States of Biafra, MASSOB, has accused the federal government of playing politics with the detained activist.

Over 50 Killed, 70 injured in Boko Haram attack in Borno

Over 50 Killed, 70 injured in Boko Haram attack in Borno

By Kingsley Omonobi Abuja – Military sources have confirmed to Vanguard that over 50 persons were killed by scores of Boko haram terrorists armed with AK 47 rifles and other sophisticated weapons in close to one and half hours operation at Dalori village which is about 4 kilometers away from Maiduguri. The successful attack, killing […]

Living in the Valley of Life

Living in the Valley of Life

Jesus took three of his disciples up on a mountain to pray and, suddenly, he was transfigured before them. They saw him covered in glory, talking to Moses and Elijah. Peter became so excited; he did not want to leave. He asked if they could make tabernacles on the mountain and stay there permanently.

Judgment on Nnamdi Kanu’s bail inappropriate, bias – IPOB

Judgment on Nnamdi Kanu’s bail inappropriate, bias – IPOB

The Indigenous People of Biafra, IPOB, United Kingdom branch has faulted the reasons given by Hon. Justice John Tsoho of the Abuja Federal High Court Abuja for not granting the bail application of leader of IPOB and Director of Radio Biafra, Mr. Nnamdi Kanu.

Crude Oil Swap Contracts:  How Reps uncovered the underbelly of govt agencies

Crude Oil Swap Contracts: How Reps uncovered the underbelly of govt agencies

To many calculating the figure-bearing headlines emanating from the ongoing probe by the House of Representatives Ad-hoc Committee on Crude Oil Swap and Oil Processing Agreement (OPA), so much economic attacks and sabotage appear to have been spearheaded by the same agencies and officials of government who were being paid with the nation’s tax payers’ money to manage and administer the resources.

Buhari and governance: How to handle crises, by Patrick Dele Cole (OFR)

Buhari and governance: How to handle crises, by Patrick Dele Cole (OFR)

One way to deal with economic crisis is to isolate the main elements and deal with them or go after those who caused the crisis in the first place. The worldwide economic crisis of 2007-8 (Black Wednesday) which still remains unresolved fully, was caused by several factors but mainly by banks who sold products and derivatives to people who clearly would be unable to pay or took advantage of regulations to make maximum profits in unorthodox ways such as leveraging the LIBOR rate etc. The banks sold prime mortgages to clients who had no way to pay because the mortgages had US Federal Government (Freddie May) guarantees. In some cases Governments borrowed far beyond their capacity to pay etc.