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Friday 30 January 2015

Why Buhari should participate in the presidential debate... Labour Party

The Labour Party (LP) on Saturday gave reasons why the All Progressives Congress (APC) Presidential Candidate, Gen Muhammadu Buhari (rtd) should participate in the planned debate for candidates in the upcoming Feb 14 elections.
The Party said that the APC Candidate should take part in the debate so as not to cast doubts on his ability to administer the nation.
It should be recalled that Buhari had said he would not participate in the scheduled debates being organized by the Nigeria Election Debate Group (NEDG) for fourteen presidential candidates and their running mates.

Wednesday 28 January 2015

Cambridge University provides More Details On Buhari’s WASC Results


The University of Cambridge Local Examinations Syndicate, UCLES, now Cambridge Assessment, has provided further details on the West African School Certificate, WASC, results presented by Muhammadu Buhari, the candidate of the All Progressives Candidate in the February 14 presidential election.

In a new post on its website, the university confirmed result grades for the examination in 1961 were issued in numbers, not letters, as suggested by critics of Mr. Buhari who have dismissed the results he presented as fabricated.
According to Cambridge, “Examination results were classed in grades from 1 to 9”.
“1, 2,3,4,5 & 6 indicate a Pass with Credit; 7 & 8 indicate a Pass; 9 indicate a Failure,” the school said.

Tuesday 27 January 2015

Politicians’ demand for dollars puts pressure on naira

There are indications that the naira, which hit 208 against the United States dollar on the streets of Lagos on Friday, may drop further as politicians seek more of the greenback to fund campaigns few weeks to the general elections.
The naira had on Friday crashed against the US dollar from 191 to 208 at the parallel market, otherwise known as the black market.

Monday 26 January 2015

Banks get N192.6bn discount from NDIC


The Nigeria Deposit Insurance Corporation said on Sunday that N192.6bn had been granted as rebate on insurance premium to Deposit Money Banks in the last three years. The corporation, in a statement issued in Abuja, said the reduction of the insurance premium paid by the DMBs from 0.5 per cent to 0.40 per cent was responsible for the figure.
A breakdown of the N192.6bn showed that a rebate of N53bn was granted in 2012, while N63.6bn and N75.98bn were given as rebates in 2013 and 2014, respectively.

Investment in Egbin power plant now N50bn

A total of N50bn has been injected into Egbin Thermal Power Station since November 2013, when the company was privatised, the Chief Executive Officer, Egbin Power Plc, Mr. Mike Uzoigwe, has said.
He said this in Lagos on Saturday when the Minister of Power, Prof. Chinedu Nebo, visited the company’s facilities.

I’m not a foreigner – Buhari’s wife


Hajia Aisha Buhari, wife of Maj.-Gen Muhammadu Buhari, presidential candidate of the All Progressives Congress, has said that she is not a foreigner as being speculated in some quarters.
She spoke through Mrs. Deborah Iliya, a chieftain of APC in Kaduna State who represented her at the public presentation of a book, “Wind of change: 72 leadership qualities of Buhari,” written by a civil rights activist and Executive Director of Gatekeepers Foundation, Mr. Blessing Agbomhere, on Friday.

Terrorism: US ignores Nigeria to work with Chad, Cameroon


Major rift between the Nigerian and American military authorities have been hampering the fight against Boko Haram militants, which have been carrying out murderous attacks on villages and towns in the North-East, the New York Times reports.