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News Updates's Blog – June 2011 Archive (60)

Cuba: Uncommon story of uncommon struggle (1)

By Olu Obafemi (omoajon@yahoo.com) Thursday, June 30, 2011



In the next two weeks or so, I shall tell the story of Cuba—the Latin American island country of slightly over eleven million people with a unique revolutionary history. I shall tell this story outside of the text-book; away from the known Western, especially American propaganda and a previous Eastern European (Soviet Union) perspective. I shall tell it from a lived experience of an unforgettable fortnight, which confirms to… Continue

Added by News Updates on June 30, 2011 at 1:43am — No Comments

Jonathan, ignore these govs

By Femi Adeoti Thursday, June 30, 2011



So soon, so sad. It’s a great disappointment. It is a complete let down. It is hurtful and horrible. This is not what they promised. We were not told it will be so bad, it is too early to be true. Do they have short memories?

The way governors canvass for fuel subsidy removal is both amazing and amusing. Their reason is both lazy and lame. Very uninspiring. Very bogus, empty and ambiguous. It lacks sound reasoning and creativity. It is a… Continue

Added by News Updates on June 30, 2011 at 1:41am — No Comments

Mr President, I hope you won’t …

ByAlvan Ewuzie alvanatsun@yahoo.com, 07082020392 Thursday, June 30, 2011



The impression is that President Goodluck Jonathan is generally reticent. He is not garrulous, which is why you hardly catch him in verbal gaffe. He probably knows this and thus speaks in few words. When he told the South West about the rascally nature of their leaders, discerning people know he was merely throwing a political jab. It was a weak one, with little effect as evidenced in election results in the… Continue

Added by News Updates on June 30, 2011 at 1:40am — No Comments

Time to reform security tactics (2)

By Nosa James-Igbinadolor Thursday, June 30, 2011



The intelligence he gathered is alleged to have been a significant factor in Israel’s success in the Six Day War.

The Special Branch Department of the Nigerian Police was at its height a pretty good service nipping most threats to state security in the bud either at the planning stages or before they became operational.



The Special Branch was so well entrenched and pervasive that it successfully infiltrated most… Continue

Added by News Updates on June 30, 2011 at 1:39am — No Comments

Govs’ advice on subsidy is treasonable

By ABDUL RAHOOF ADEBAYO Thursday, June 30, 2011



The association formed by the Nigerian Governors (otherwise known as Governors’ Forum) was in the news last week. They sought to intimidate or blackmail or use President Goodluck Jonathan as a cannon fodder for their indifference and complicity against the payment of 18,000 Naira minimum wage the Bill of which Mr. President has signed into law.



They advised Mr. President to withdraw fuel subsidy as the only condition for them… Continue

Added by News Updates on June 30, 2011 at 1:36am — No Comments

Governors’ Forum and politics of minimum wage

Thursday, June 30, 2011

Condemnation continues to trail the recent calls by the Governors Forum for the removal of petroleum subsidy as a pre-condition for payment of the N18,000 minimum wage, NDUBUISI ORJI writes



The Nigeria Governors Forum stirred the hornet’s nest last week when it called for the removal of petroleum subsidy as a pre-condition to paying the 18, 000 minimum wage to workers in its employment. Several State governors have been on war path with their… Continue

Added by News Updates on June 30, 2011 at 1:34am — No Comments

Of scapegoats and just desserts

Depending on which side of the fence you sit, reports of the prosecution of seven policemen for their alleged involvement in the murder of Mohammed Yusuf, leader of Boko Haram in 2009, could have come as a pleasant surprise or a rude shock.

This is especially so given that reports of the official investigation into the killings, and subsequent disciplinary actions taken against the officers, were largely kept out of media gaze – creating the impression of government inaction.

Since… Continue

Added by News Updates on June 27, 2011 at 6:03am — No Comments

Sanusi stampeding rescued banks into hasty actions

BY VICTOR AHIUMA-YOUNG

COMRADE Sunday Olusoji Salako, is the President of the Association of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI, umbrella body for senior workers in the nation’s financial sector.  It is a body of bank senior workers who have access to facts and figures in the banking sector of the Nigerian economy. In this interview with Financial Vanguard, he examines the tenure of the Central Bank of Nigeria, CBN- appointed…

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Added by News Updates on June 27, 2011 at 5:57am — No Comments

ACN, Ngige and the Senate minority leadership (2)

BY GBOYEGA ADEYEMI

HAVE they forgotten that Akume and  Uzamere could best be described as accidental or circumstantial members of the party and Obende was a greenhorn in the political arena who rode on the back of Governor Adams Oshiomhole to emerge victorious in the election.

It is clear to every Nigerian that since 2006 Ngige co-founded the party with the likes of Tinubu, former Vice President Atiku Abubakar and others, he has remained a committed and loyal…

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Added by News Updates on June 27, 2011 at 5:55am — No Comments

Insurance sector operates like a cult – Newman

on JUNE 27, 2011 · BY ROSEMARY ONUOHA



Practitioners in the insurance sector are not disposed to demystifying the way the industry works consequently, their attitudes have contributed in making the industry a closed entity.



The matter is made worse as the operators themselves are not given to sharing ideas and systems with their colleagues, making other professionals in the financial sector to see the insurance industry as a cult.



Managing Director of Financial… Continue

Added by News Updates on June 27, 2011 at 5:54am — No Comments

Islamic banking: How it will operate in Nigeria

By CHIMA NWOKOJI Monday, June 27, 2011

•Sultan of Sokoto

Photo: Sun News Publishing

The Central Bank of Nigeria (CBN) last week re-issued the latest guideline for Interest Banking (NIB) in Nigeria, otherwise known as Islamic Banking. This was followed by a grant of implicit approval to the country’s first Islamic Bank.



This marks the advent of banking according to the divine guidance as given by the Holy Qur’an and the… Continue

Added by News Updates on June 27, 2011 at 12:15am — No Comments

New governments (4)

By Tunde Thompson Monday, June 27, 2011



In the letter from a reader published here last Monday, he expressed wishes for God to “open a fresh book of prosperity, good health, and protection, favour in whatever you do”, which was to mark the last “Democracy Day” on May 29. It was obvious that those wishes were not really just for this writer, but for the entire country.



They represented the expectations of the populace from the governments at the Federal and State levels,… Continue

Added by News Updates on June 27, 2011 at 12:09am — No Comments

Lamido Sanusi’s Islamic banking

By Godson Nwa Offoaro Monday, June 27, 2011



Recently a group of people who go under the banner of ‘Concerned Citizens of Nigeria,’ took a full page paid advert in Daily Sun where it lamented the gradual but steady Islamization of the Central Bank of Nigeria – the CBN.



According to the advert, which was signed by no one, the present leadership of the bank led by Mallam Sanusi Lamido Sanusi has surreptitiously (they did not use the exact word) been implementing policies at… Continue

Added by News Updates on June 27, 2011 at 12:07am — No Comments

GSM and Subscribers’ Identity (1)

By Tsergba Iodun Monday, June 27, 2011



The subscriber identification module (SIM) card registration had obviously been ignored since 2002 when mobile telephone usage started gaining popularity in Nigeria. But necessity has called our attention to this important issue.



Perhaps due to the astronomical increase in violent crimes such as kidnapping, whereby criminals demand ransom via mobile telephone calls, the necessity has become even urgent.



The National… Continue

Added by News Updates on June 27, 2011 at 12:05am — No Comments

Three golden cheers to Imo electorate

By Martins Nwanne Thursday, June 23, 2011



The ways of Almighty Yahweh, are different from the ways of man. Obasanjo who ran Nigeria like a despot, had screwed an alliance with Ikedi Ohakim, to hoodwink the Imo electorates.



Looking humble and innocent, “harmless” Ohakim sought for and collected the governorship ticked for Imo State from the unsuspecting Orji Uzor Kalu’s Progressive Peoples’ Alliance, PPA. He won the election through the higgledy-piggledy of confusion and… Continue

Added by News Updates on June 27, 2011 at 12:04am — No Comments

Louis Edet House bombing: End of innocence (1)

By Daniel Ujim (DCP) Monday, June 27, 2011



Thursday June 16, 2011 will remain indelible in the minds of the Police Officers working on that day at the Force Headquarters.

Historians of the future might also come to regard it as the day the nation lost its innocence with regard to our will to do all that is necessary to defend the security of our great country from attempts on her sovereignty by enemies at home and abroad.



And contrary to the conventional beliefs of… Continue

Added by News Updates on June 27, 2011 at 12:03am — No Comments

Anxiety in Anambra

...As two communities draw the swords over land



From CHIDI NNADI, Enugu Monday, June 27, 2011

• Ezedioramma

Photo: Sun News Publishing

For the people of Owerre-Ezukaala in Orumba South Local Government Area of Anambra State, these are not the best of times. An armed gang suspected to have come from the neighbouring community of Awuka-Ogbunka, has held the people by the…

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Added by News Updates on June 27, 2011 at 12:00am — No Comments

A hell of a road!

on JUNE 20, 2011 · By Ebele Orakpo



“Driver, please take it easy oo. This kind of driving can cause miscarriage in a pregnant woman. You are too rough,” admonished a commuter by name Nuru as the commuter bus wove its way through a very bad stretch of road in Obawole area of Lagos.



“Can’t you see it’s not the driver’s fault? The road is in a terrible state. Or do you think anybody in his right mind will want to be rough on this kind of road and end up destroying his… Continue

Added by News Updates on June 20, 2011 at 2:12am — No Comments

Boko Haram, Its Conditions

on JUNE 20, 2011



OUR security agencies are becoming an embarrassment. President Goodluck Jonathan compounds the situation by excusing the lapses. According to him, the bombs that have been going off in Nigeria were the country’s portion of the rise in global terrorism.



We also hope Nigerians will benefit from increasing global focus on good governance, development, and justice since we are part of the world. The President is well aware of these expectations which some can… Continue

Added by News Updates on June 20, 2011 at 1:46am — No Comments

Economic Czarism and its Consequences– 3

on JUNE 20, 2011 · By Dr Dele Shobowale



“Impress it on the mind of any man that he can do no wrong and he will soon convince you of your mistake”.



Joel Barlow, 1754-1852.



It was approximately four years ago,when it occurred to me to raise alarm about the activities of two powerful and popular public officials. The first was the former Governor of Central Bank whose “Con-soludo-tion” policy and the way it was being operated by many banks was… Continue

Added by News Updates on June 20, 2011 at 1:39am — No Comments

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