Recent Posts

Pages: 1 [2] 3 4 ... 10
11
Newspaper Board / Ali Baba Shows Off Dancing Skills In Egypt
« Last post by olutee on Yesterday at 07:07:32 PM »
Ali Baba Shows Off Dancing Skills In Egypt

Ali Baba was a guest at the Intra-African Trade Fair 2018 (IATF) in Egypt alongside vice president Yemi Osinbajo and the comedian pulled some moves to show us he is still a youth.
Source: Ali Baba Shows Off Dancing Skills In Egypt

- PM News Nigeria
Invest in Bitcoins: https://hashflare.io/r/CF2F6691
12
70% of MDAs Non-Compliant With Legal Deposits, International Publishing Standards

…”We Are Four Years Behind Our National Bibliography Publication” Prof. Aina The National Library of Nigeria (NLN) revealed that over 70 per cent of the nation’s Ministries, Departments and Agencies default on the legal deposits and use of International publication numbers. National Librarian, Professor Lenrie Aina, spoke at the one-day sensitization workshop organized by the […]
The post 70% of MDAs Non-Compliant With Legal Deposits, International Publishing Standards appeared first on Leadership Newspaper and  Nigerian News Network.

Source: 70% of MDAs Non-Compliant With Legal Deposits, International Publishing Standards

Invest in Bitcoins: https://hashflare.io/r/CF2F6691
13
Newspaper Board / Euro Falls As ‘Gilets Jaunes’ Protests Hit French Economy
« Last post by flukky-2 on Yesterday at 07:07:31 PM »
Euro Falls As ‘Gilets Jaunes’ Protests Hit French Economy

The euro has fallen against the dollar after disappointing French and German economic surveys dismayed the markets. In France, private sector business activity contracted for the first time in two and a half years as the “gilets jaunes” protests took their toll. In Germany, private sector activity slowed to a four-year low. The surveys pointed […]
The post Euro Falls As ‘Gilets Jaunes’ Protests Hit French Economy appeared first on Leadership Newspaper and  Nigerian News Network.

Source: Euro Falls As ‘Gilets Jaunes’ Protests Hit French Economy

Invest in Bitcoins: https://hashflare.io/r/CF2F6691
14
Newspaper Board / Heartbroken man pens emotional letter to ex who is about to get married
« Last post by flukky-1 on Yesterday at 07:07:27 PM »
Heartbroken man pens emotional letter to ex who is about to get married

A heartbroken man poured encomium and accolade on his former girlfriend who is about to get married to another man this weekend.

Akan Greatness Udom took to Facebook to shared how he met Ufan in...

Source: Heartbroken man pens emotional letter to ex who is about to get married

 - NigerianEye
Invest in US dollars: https://hashflare.io/r/CF2F6691
15
Newspaper Board / Stop campaigning on frivolities – APC blasts PDP, lists achievements
« Last post by flukky-1 on Yesterday at 07:07:27 PM »
Stop campaigning on frivolities – APC blasts PDP, lists achievements

The All Progressives Congress (APC) has called on the Peoples Democratic Party (PDP) to stop campaigning on frivolities ahead of the 2019 presidential election.
The ruling party urged PDP to speak on...

Source: Stop campaigning on frivolities – APC blasts PDP, lists achievements

 - NigerianEye
Invest in US dollars: https://hashflare.io/r/CF2F6691
16
Newspaper Board / Nigeria Owes IOCs $5.1b, Says NNPC​
« Last post by sahara on Yesterday at 07:07:27 PM »
Nigeria Owes IOCs $5.1b, Says NNPC​

















Nigeria indebtedness to International Oil Companies (IOCs) stood at $5.1 billion, the Nigerian National Petroleum Corporation (NNPC) told the Senate yesterday.


The $5.1 billion, according to the Corporation, was accumulated from the Joint Venture Cash Call (JVC) business arrangement the country has with IOCs on oil exploration.


But the NNPC denied allegation of mismanagement of $3.2 billion said to have been withdrawn from the Nigerian Liquefied Natural Gas (NLNG) account between 2015 till date.


The Chief Financial Officer (CFO) of NNPC, Isiaka Abdulrasaq, who appeared before the Senate Committee on Gas explained how the debt was incurred.


Abdulrasaq told the panel that the JVC is a business arrangement between the Federal Government and the IOCs, explaining that Nigeria controls 60 per cent of the business venture and the IOCs the remaining 40 per cent.


He NNPC official said: “The problem, however is that before this government came on board in 2015, Nigeria which holds 60 per cent of shares in the joint business, for many years did not contribute its own required capital into it.”


Nigeria, he said, was “only collecting its equity share inform of revenues which made the country as at 2015, to have $6.8 billion unpaid capital into the venture.”


He further explained that “the present government in 2016, succeeded in getting 35 per cent discount from the unpaid capital amounting to $1.9 billion from the unpaid capital, making the country to still owe the IOCs $5.1 billion outstanding.”


On the alleged $3.2 billion reportedly withdrawn from the NLNG account by the NNPC within the last three years, the CFO insisted that there was no mismanagement in any of the withdrawals made.


He noted that based on available records with NNPC, only 13 withdrawals were made from the account amounting to $1.2 billion.


The official said that more than seven IOCs dealing with the NNPC have expressed concern about the continuity of their business operations as a result of bogus figures being bandied about withdrawals from the NLNG account.


Chairman of the committee, Senator Albert Bassey Akpan, asked the NNPC CFO to submit approving documents for all the withdrawals by Tuesday next week.


Akpan said: “We are not saying any money has been stolen. What we are doing is clarifying the processes of expenditures made from the account with a view to making management of the account more transparent and beneficial to Nigerians.”




The Nation Newspaper



AddThis







Original Author



The Nation Newspaper



Disable advertisements


Source: Nigeria Owes IOCs $5.1b, Says NNPC​
17
Newspaper Board / FG Panel Probes David Mark’s Offshore Assets
« Last post by sahara on Yesterday at 07:07:26 PM »
FG Panel Probes David Mark’s Offshore Assets

















The Federal Government, through its Special Presidential Investigation Panel for Recovery of Public Property, has started investigation into the ownership of some offshore companies allegedly linked to a former President of the Senate, Senator David Mark.


The PUNCH learnt on Thursday that this followed a prior investigation conducted by the National Intelligence Agency in collaboration with the SPIPRPP.


It was gathered that the investigation was informed by the revelation in Panama Papers linking Mark and other top Nigerian former and serving public office holders as well as prominent business and political leaders around the world to some companies and other assets held offshore.


The International Consortium of Investigative Journalists released the Panama Papers containing details of financial and lawyer-client information for hundreds of thousands of offshore entities in May 2016.


A source familiar with Mark’s case told our correspondent that “the former Senate President was invited for questioning by the SPIPRPP in respect of 20 companies in British Virgin Island and other tax havens.”


It was learnt that Mark was originally invited to appear before the panel for questioning on December 11.


The ex-Senate President wrote a letter dated December 11, 2018 to the panel indicating his readiness to appear for the planned probe.


Our correspondent sighted a copy of the letter by a law firm, Kenetch C. Ikonne & Associates, sent on Mark’s behalf to the Chairman of SPIPRPP and Special Assistant to the President on Prosecutions, Mr Okoi Obono-Obla, pleading for the rescheduling of the questioning to December 21.


The letter signed by Mr Ken Ikonne stated that although the invitation letter addressed to the clerk of the National Assembly for onward transmission to Mark, a serving Senator, was dated November 29, 2018, it was only brought to his attention at about 4pm of the same day, December 11, 2018.


The letter dated December 11, 2018, the day he was expected to appear for the interrogation, read in part, “Our client wishes to reiterate his readiness to honour your invitation and make the necessary clarification due to the utmost regard in which he holds your panel.


“However, our client is presently ill and undergoing treatment and has accordingly requested us to apply for a new date to enable him to appear.


“Accordingly, we are, subject, of course, to your overriding convenience, suggesting the December 21 as the new interview date at the suggested venue to enable our client to fully recover from his illness.”


The SPIPRPP is also seeking to recover from the official residence of the Senate President which the panel alleges was acquired in violation of the laws and regulations.


Mark had approached the Federal High Court in Abuja to challenge the planned recovery, insisting that due process was followed in his acquisition of the property located in the Apo Legislative Quarters in Apo, Abuja.




PUNCH NEWSPAPER



AddThis







Original Author



Punch Newspaper



Disable advertisements


Source: FG Panel Probes David Mark’s Offshore Assets
18
Newspaper Board / Strike: Accounts tell FG to pay attention to education
« Last post by clowntom on Yesterday at 07:07:25 PM »
Strike: Accounts tell FG to pay attention to education

Strike: Accounts tell FG to pay attention to education

ABUJA---AS the strike embarked upon by academic staff in Nigeria Universities and polytechnics lingers, professional accountants have told the federal government to pay attention to education in its human capital development strides.


Continue reading Strike: Accounts tell FG to pay attention to education at Vanguard News Nigeria.


Source: Strike: Accounts tell FG to pay attention to education
19
Tech: The OnePlus 6T 'McLaren Edition' is even better than the standard phone models, but you shouldn't feel like you're missing out

The McLaren Edition actually highlights how good the regular OnePlus 6T already is.
Source: Tech: The OnePlus 6T 'McLaren Edition' is even better than the standard phone models, but you shouldn't feel like you're missing out

- gist culled from pulseng
20
Lifestyle: Police have killed the suspected Strasbourg shooting suspect, French officials say

French police said they killed the Strasbourg shooting suspect, who is believed to have fatally shot three and injured more than a dozen others.
Source: Lifestyle: Police have killed the suspected Strasbourg shooting suspect, French officials say

- gist culled from pulseng
Pages: 1 [2] 3 4 ... 10