My Nigeria…

You are browsing the archives of 2009 March.

For your enjoyment… Mr and Mrs. Owmwokwopopo

Hmmmm, I guess Yar’Adua’s “Re-Branding Nigeria” Campaign is off to a great start… BusinessWeek
The World’s Worst Places to Work

No. 1 Lagos, Nigeria
Overall Grade: Very High Risk Location
Severe Problems: Infrastructure, Crime
Major Problems: Pollution, Disease & Sanitation, Medical Facilities, Availability of Goods and Services
Other Problems: Climate, Education Facilities, Physical Remoteness, Political Violence & [...]

I had to laugh when I read this article… So much for Yar’Adua’s hare-brained ‘re-branding’ Nigeria Campaign… BusinessInsider

Mr. Timothy Geithner
United States of America
March 23, 2009
Dear Friend,
May God bless you. I hope this letter finds you in good health.
I am the principal economic official of the United States. Recent difficulties have seen our lose nearly 20 [...]

EVEN with the threat of economic recession sending shivers down the spines of world economies, the Nigerian telecoms sector has braced the storm, to add 23 percent in US dollar value, translating to about $8.42 billion revenue at the end of  2008 business year, giving Nigeria a quality lead of the African telecom market ahead [...]

President  Umaru Yar’Adua, will, tomorrow in Abuja, unveil the re-branding Nigeria logo and slogan, as his administration pushes to give the nation a more positive image.Former Nigerian Head of State, General Yakubu Gowon would be chairman of the occasion which is expected to attract a cream of top government functionaries, business moguls, the diplomatic corps [...]

 
I am happy the press is beginning to ask questions. How does a man who earns N1 million a month live a N20 million a month lifestyle?
NEXT
Three years ago the Central Bank governor, Chukwuma Soludo, installed his wife, Nonye, and their two children in a mansion bought for half a billion naira in the tony [...]

THE National Economic Council (NEC) has approved the sum of N323,158,286,574.50 kobo for the completion of the National Integrated Power Projects (NIPP) being executed by the federal and state governments.
This amount is expected to be released as work progresses on the power projects, designed to deliver, at utmost capacity, 3,037.5 Mega Watts (MW) of electricity [...]

Forex Scarcity: Banks Pay Naira For Foreign Exchange Inflows
By Marcel Mbamalu
Despite efforts by the CBN to protect customers from being unduly exploited in their daily transactions with banks, unwholesome practices and hidden charges may have returned to the banking sector, howbeit through the backdoor.
In what looks like an effort to conserve the already scarce foreign [...]

Unlicensed Radio Operator Provided Flight Information At Airstrip

Meteorological Equipment Not Adequate At Bebi Airstrip

DNA Yet To Confirm Identity Of Crew

Crew Inability To Respond To Warnings
By Wole ShadareThe Accident Investigation Bureau (AIB) yesterday made public, the interim report of a Beechcraft 1900D aircraft belonging to Wings Airlines that crashed on March 15, 2008, in the mountainous [...]

Contrary to the explanations from some government officials on the alleged $6 billion bribery for the contract on the Bonny island Joint Venture Project, involving top government executives and some officials of the Nigeria National Petroleum Commission (NNPC) and the Nigeria Liquefied Natural Gas (NLNG), the text of the ruling by the United states District [...]