The founder and spiritual head of the INRI Evangelical Spiritual Church, Ejigbo, Lagos State, Primate Elijah Babatunde Ayodele, has sent his warm greeting to the president of the federal republic of Nigeria, Muhammadu Buhari on the occasion of his birthday which came up two days ago. The famous prophet also greeted the senate president, Dr. Bukola Saraki, whose birthday falls within the same month with the president’s, emphasizing that indeed it is for a divine purpose that both leaders do not just belong in the same political party but also…
Read MoreDay: December 20, 2017
NNPC To Establish 4,600MW Plants In FCT, Kaduna And Kano
A statement in Abuja by the NNPC spokesman, Mr Ndu Ughamadu, said this would be done through the recently-approved contract for the construction of Ajaokuta-Abuja-Kaduna-Kano Gas Pipeline project, dubbed AKK Pipeline. According to the statement, the AKK pipeline has started yielding early benefits with the commitment by NNPC to build power-generating plants with combined capacity of 4550 megawatts in Abuja, Kaduna and Kano States. Ughamadu quoted the NNPC Group Managing Director, Dr Maikanti Baru, as saying that the Corporation in partnership with private investors would build power-generating plants to support…
Read MoreReasons why Innocent Chukwuma was arrested by EFCC revealed!
Fresh facts have emerged on why the Economic and Financial Crimes Commission, EFCC arrested Mr. Innocent Chukwuma, the chairman of Innoson Group. What was discovered: 1. GTBank (in 2009) granted Innoson several credit facilities (i.e loans) totalling N2,400,000,000,00 (two billion, four hundred million Naira only), to part finance working capital requirements, import new motorcycles and motorcycle spare parts, agricultural spare parts and plastic manufacturing equipment (“Imported Goods”). 2. Under the loan terms agreed by Dr. Innocent Chukwuma on behalf of Innoson, proprietary interest in the Imported Goods was consigned exclusively…
Read MoreControversy behind Innoson Group’s $300m credit
Observers are beginning to query what has happened to the $300m foreign facility obtained by indigenous auto manufacturing group, Innoson Vehicle manufacturing (IVM) in 2016 for the local production and supply of a minimum Set-Top Boxes to support the FG’s Digital Switch Over (DSO) project being handled by the National Broadcasting Commission (NBC). It was gathered that the amount was part of Innoson Group partnership with a Consortium of Chinese Investors to pump in $1billion into Nigeria information technology sector of the economy; to include 400 million Nigeria’s DSO Project…
Read MoreWe Are Obliged To Win – Sergio Ramos
Sergio Ramos is labelling Real Madrid’s La Liga title hopes as good as over if they emerge with anything other than a win from the Christmas Clasico against Barcelona on Saturday. Real return to domestic action after their Club World Cup win having dropped to fourth in La Liga and a defeat at the Bernabeu would put them a huge 14 points behind leaders Barca. Captain Ramos says winning their biggest game of the season is now an ‘obligation’ for Real if they are to have any hope of fighting…
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