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Mariah Carey twin pregnancy confirmed

According to Now, the rapper made the announcement on his radio show yesterday and revealed that the US President Barack Obama and his First Lady Michelle Obama were the first to know.
Backstage at a charity event in Washington over the weekend, the couple asked Carey about reports that she is expecting twins.

 
Cannon, 30, told listeners: "At this point she hadn't told anybody anything because doctors advised us to keep it ourselves until we get further along in the pregnancy.
"But because of the excitement, she was overwhelmed and she shared with the President and First Lady that we are having twins."The 40-year-old singer is due to give birth in spring.





Thank You for being our dear reader always despite many choices out there. Many thanks from Darey P.N.G (Chief Editor)eNews Nigeria.

5:41 AM | Posted in , , , , | Read More »

Ricky Martin likes “smart, witty” men.

Ricky Martin likes “smart, witty” men.
The openly gay singer - who has two-year-old twin sons, Matteo and Valentino - is attracted to guys who have self-confidence without being arrogant and are open to new things.
He said: “I love witty. I love mental strength. Just being secure.

“With all the stuff I come with, you have to be someone who is sure of himself. That turns me on.
“Somebody who is very sure of themselves without being arrogant - smart, witty, has a career. Somebody who is very open-minded about things. That's what I love. Adventurous is the word.”
Since he became a father, Ricky insists he is more wary about romance than he used to be because he has to think about the impact any relationship would have on his kids.

He added to Attitude magazine: “I used to fall in love quickly. When you are young you are open to taking risks and not afraid of anything.
“Now my priorities are different. I have children and they are the most important thing in my life. OK, I'm in a relationship and I know how lucky I am.” - Bang Showbiz


Thank You for being our dear reader always despite many choices out there. Many thanks from Darey P.N.G (Chief Editor)eNews Nigeria.

5:36 AM | Posted in , , , | Read More »

The Oil Sector: What Ghana can learn from Nigeria

First, I must say that this discussion is not merely academic, but an issue that must be critically examined if the Ghanaian polity and economy will be sustained.

1. AGRICULTURE: The agriculture sector in Nigeria was the main stay of the economy before oil was discovered- we had the great groundnut pyramids of Kano; palm oil was so much in the East and South-South that the area was called the oil river-we had cocoa, cassava, potatoes, and many other crops that yielded good returns in the export market. Even our rubber plantations were doing very well and rubber factories were yielding good returns. But when oil came, the agric sector was so disregarded that now it is still difficult for it to find its place and make meaningful contributions to the economy.

2. THE ENVIRONMENT: The adverse effects that come with the expropriation of oil is something that may not have been conclusively anticipated and effectively planned for by the government. The soils are eroded, the waters and air are polluted and peoples’ areas of livelihood (plus their health) have come under very intense attacks. Once oil is mined, the environment will deplete. The government of Ghana must pay serious attention to this and have a system in place which will address the issue

3. Nigeria is a country with very few of its population doing white collar jobs (just like Ghana), and majority of the country’s population having not had the privilege of classroom education, still rely on subsistent farming/fishing to sustain themselves and their families-The lack of attention to them due to the oil find is one of the chief reasons the country seems to be very eager to plunge in capital intensive projects instead of labour intensive projects. And where the people get the support necessary for subsistent agriculture, the environment is polluted-so they cannot achieve much.

4. THE LAND USE LAWS: Just like Ghana, lands in the country are held in custody by the chief executive of the country (and a few by the state and chiefs) as provided by the Land Use Act. This means that any land upon which oil is found automatically belongs to the state. The process of relocation, rehabilitation and compensation of the communities/families displaced is either slow or non-existent. The government must realise that beyond generating revenue for the state, if the people that make up the state are not effectively taken care of, anarchy is imminent-it is just a matter of time. See the Niger Delta.

5. THE CONSTIUTION: In the constitution of Nigeria there is a concept referred to as the “derivative principle”, which presupposes that the communities wherein oil are found, will enjoy a certain percentage of the proceeds of the oil revenue over and above the rest of the country-This is so that funds will be made available to repair and ultimately sustain the environments being degraded by oil expropriation; and so that people whose main stay of income have been perverted by virtue of the oil, can get other meaningful activities to engage in (especially classroom education). The implementation of the derivative principle has been a very big issue and has resulted in a lot of riots and killings. “Laws are useless when they are not applied in the right situations. They are mere paper prints when they are not implemented”. The government of Ghana must ensure that the legal regime that governs the oil sector is taken seriously and they should also make provisions for addressing situations that are not immediately anticipated.

6. ENVIRONMENTAL IMPACT ASSESSMENT MUST BE TAKEN SERIOUSLY.

7. UNSCRUPLOUS AND SHARP PRACTICES: A legal regime which should take care of criminality in the oil sector must be seriously considered and addressed. One of the reasons why it looks like the impact of the oil boom in Nigeria is not felt is because the laws are so porous and the implementation is not taken seriously, so criminals are engaged in smuggling and brokerage. Smuggling is already an enigma in Ghana-this must be addressed.

I congratulate Ghana today, But I hope that the sign posts mentioned above would help the people of Ghana chat a destiny for themselves presently, and for posterity. It is interesting how whatever happens in Nigeria repeats in Ghana and vice versa. Nothing says it must happen in this case. Beware the lies of the West. Protect the Western Region. Long live the Republic of Ghana.


Thank You for being our dear reader always despite many choices out there. Many thanks from Darey P.N.G (Chief Editor)eNews Nigeria.

5:29 AM | Posted in , , , | Read More »

Goodluck Jonathan gets boost to Nigeria election bid

A group of Nigeria's powerful governors have said they will back President Goodluck Jonathan for next year's elections - seen as a major boost to his campaign. Half of the 36 governors backed Mr Jonathan's bid to be selected as the ruling party's candidate.
Whoever wins the PDP nomination will be the favourite for the April 2011 poll.

Mr Jonathan, a southerner, is opposed by some in the PDP, who say the party should choose a northerner.
The PDP (People's Democratic Party) has a tradition of alternating power between north and south every two elections, meaning a northerner would normally stand in 2011.
Several northern powerbrokers have backed the campaign of former Vice-President Atiku Abubakar, a northerner, to be the PDP candidate.
'Principle of incumbency'

At an emergency meeting in the capital, Abuja, 18 governors and two deputies said they would support Mr Jonathan in PDP primaries on 13 January 2011.
"Democratic systems all over the world recognise the principle of incumbency and continuity," said Ibrahim Shema, governor of the northern state of Katsina, reports the Reuters news agency

They did, however, say he should seek only one term.
The chairman of the governors' forum, Bukola Saraki, also later dissociated himself from their position, saying he would support a candidate from the north.
The PDP has 26 of Nigeria's 36 state governors and, in the party's structures, they wield considerable power.

In previous primaries, they have instructed delegates from their states how to vote.
So the BBC's Bashir Saad Abdullahi in Abuja says their announcement is a significant boost for Mr Jonathan.

But he says that if state delegates vote independently, rather than how governors tell them, Mr Abubakar could still secure the party's nomination.
Mr Jonathan became president in February after the death of Umaru Yar'Adua, a northerner.
He is the first president from Nigeria's southern, oil-producing Delta region.

Nigeria's recent elections have been tarnished by fraud and violence.
Mr Jonathan has promised to introduce electoral reforms, but correspondents say it will be difficult to implement radical changes before April.
The main opposition candidates are former anti-corruption campaigner Nuhu Ribadu and Gen Muhammadu Buhari.

Thank You for being our dear reader always despite many choices out there. Many thanks from Darey P.N.G (Chief Editor)eNews Nigeria.

5:26 AM | Posted in , , , | Read More »

Wikileaks' Julian Assange says the US fears losing face

Wikileaks founder Julian Assange has said the United States is conducting an "aggressive" and "illegal" investigation into him and his site.

Mr Assange is free on bail while awaiting extradition proceedings to Sweden over sex allegations.
The 39-year-old said: "A lot of face has been lost by some people and some people have careers to make by pursuing a famous case."

Mr Assange denies the Swedish allegations, made by two women.
He is living in the house of supporter Vaughan Smith, near Bungay in Suffolk.
Mr Assange said he suspected an espionage indictment was being prepared in the US and he condemned the secrecy which surrounded his case.

The Australian added that Wikileaks is a "robust" organisation which will continue to publish information. He said it had so far published only 2,000 out of the 250,000 cables.

He said: "During my time in solitary confinement in the basement of a Victorian prison, my colleagues were publishing material" He highlighted allegations published on Friday about India torturing people in Kashmir.
'Continuing vendetta'

Ata hearing at the High Court in London on Thursday, Mr Justice Ouseley ordered Mr Assange be bailed on payment of £240,000 in cash and sureties.

The judge imposed strict bail conditions including wearing an electronic tag, reporting to police every day and observing a curfew.

Mr Assange must also reside at the manor home on the Norfolk-Suffolk border owned by Mr Smith, a Wikileaks-supporting journalist and owner of the Frontline Club in London.
Mr Assange's solicitor Mark Stephens said after the court appearance that the bail appeal was part of a "continuing vendetta by the Swedes".
Speaking to the BBC after his release, Mr Assange said there was a rumour from his lawyers in the US that there had been an indictment made against him there.
A spokeswoman from the US Department of Justice would only confirm there was "an ongoing investigation into the Wikileaks matter".
Mr Assange has received the backing of a number of high-profile supporters, including human rights campaigners Jemima Khan and Bianca Jagger and film director Ken Loach.
Sex allegations
Wikileaks has published hundreds of sensitive American diplomatic cables, details of which have appeared in the Guardian in the UK and several other newspapers around the world.
He has been criticised in the US, where former Republican vice-presidential candidate Sarah Palin has said he should be hunted down like the al-Qaeda leadership.

Mr Assange argues the allegations against him are politically motivated and designed to take attention away from the material appearing on Wikileaks.
He is accused of having unprotected sex with a woman, identified only as Miss A, when she insisted he use a condom.

Mr Assange is also accused of having unprotected sex with another woman, Miss W, while she was asleep.
A full extradition hearing should normally take place within 21 days of the arrest. Mr Assange was arrested on 7 December, so this should be by 28 December.

However, in such a high-profile case, it is possible that a full extradition hearing will not take place for several months.

At that hearing Mr Assange will be able to challenge the warrant and raise any defences to the extradition request.

Thank You for being our dear reader always despite many choices out there. Many thanks from Darey P.N.G (Chief Editor)eNews Nigeria.

5:21 AM | Posted in , , , | Read More »

26-year-old billionaire founder of Facebook, named TIME person of the year

TIME magazine has named Mark Zuckerberg, the 26-year-old billionaire founder of Facebook, its Person of the Year.

"In less than seven years, Zuckerberg wired together a twelfth of humanity in a single network... It's a permanent fact of our global social reality. We have entered the Facebook age, and Mark Zuckerberg is the man who brought us here," TIME

Since the distinction began in 1927, the magazine chooses the person every year who "has done the most to change the news, for better or worse." It has also selected groups of people, devices, and famously, even You... representing a new population contributing content online.

Runners-up this year included the Tea Party, Julian Assange, Hamid Karzai and the 33 Chilean Miners.
Our question to you today: Is Mark Zuckerberg a good choice for TIME's Person of the Year?


Thank You for being our dear reader always despite many choices out there. Many thanks from Darey P.N.G (Chief Editor)eNews Nigeria.

6:43 AM | Posted in , , , | Read More »

Wikileaks.org reappeared in the US of A, after American outfit Dynadot picked up the site's DNS service.

Wikileaks.org has reappeared in the US of A, after American outfit Dynadot picked up the site's DNS service.

On December 3, WikiLeaks' primary URL vanished after its previous DNS provider, the US-based EveryDNS, terminated its service. According to EveryDNS, it booted WikiLeaks due to the heavy DDoS attacks that hit the site after Julian Assange and crew released their initial trove of classified state department cables.
EveryDNS acted just after Amazon.com took down the WikiLeaks server mirrors running on its AWS hosting service. According to Amazon, it booted WikiLeaks because the site violated its terms of service. "It’s clear that WikiLeaks doesn’t own or otherwise control all the rights to this classified content," the company said.

"Further, it is not credible that the extraordinary volume of 250,000 classified documents that WikiLeaks is publishing could have been carefully redacted in such a way as to ensure that they weren’t putting innocent people in jeopardy."

Following the moves by Amazon and EveryDNS, several other American outfits severed ties with WikiLeaks, including MasterCard, Visa, and PayPal. PayPal says it acted after an intervention from the US government.

According to NetCraft, WikiLeaks.org has been up and running in the US since Friday. It's using the San Jose, California-based outfit Silicon Valley Web Hosting to mirror its servers, and it has moved DNS service to Dynadot. Speaking with The Reg, Dynadot president Todd Han declined to discuss the WikiLeaks account in detail, but he acknowledged that site is using both Dynadot's DNS service and its domain name registration service. Previously, WikiLeaks was only using the domain name service.

It appears that the US server mirror is not actually serving content. The mirror simply redirects to servers hosted by Russian-based provider Heihachi Ltd, according to NetCraft records.
After Amazon booted WikiLeaks, US Senator Joe Lieberman – who chairs the Senate's Committee on Homeland Security and Government Affairs – praised the decision. “The company’s decision to cut off WikiLeaks now is the right decision and should set the standard for other companies WikiLeaks is using to distribute its illegally seized material. I call on any other company or organization that is hosting WikiLeaks to immediately terminate its relationship with them," Lieberman said in a statement.

"WikiLeaks’ illegal, outrageous, and reckless acts have compromised our national security and put lives at risk around the world. No responsible company — whether American or foreign — should assist WikiLeaks in its efforts to disseminate these stolen materials. I will be asking Amazon about the extent of its relationship with WikiLeaks and what it and other web service providers will do in the future to ensure that their services are not used to distribute stolen, classified information."

After EveryDNS removed Wikileaks.org from its service, Assange and crew moved to other country-level domains, including Swtzerland (wikileaks.ch), Austria (wikileaks.at), and the Cocos Island (wikileaks.cc). ®

Thank You for being our dear reader always despite many choices out there. Many thanks from Darey P.N.G (Chief Editor)eNews Nigeria.

6:35 AM | Posted in , , | Read More »

Berkeley tables resolution to call suspected WikiLeaks soldier 'hero'

The Berkeley, California, City Council tabled a resolution Tuesday night that would have declared jailed Army Pfc. Bradley Manning a hero.

Manning is accused of releasing documents to WikiLeaks, a website known for leaking official secrets. Manning is currently awaiting trial on charges of illegally downloading classified material and providing video of a 2007 helicopter attack in Iraq to WikiLeaks.

The vote was 8-0, with one abstention, said Mary Kay Clunies-Ross, spokeswoman for Berkeley's city manager's office.
Mayor Tom Bates said the council didn't have enough information to determine whether Manning is "a hero or traitor."

"We don't even know if he (leaked the files)," Bates said. "We're interested in not trying to make that determination. We are willing to watch it and to consider it in the future, and if we feel it's appropriate to us to make some statement, we'll bring it back to our council."

Bates said those present at the city council meeting had a "great discussion" about topics such as internet privacy, international security and national security.
"We had an hour of discussion where we heard from the public and we heard every conceivable issue related to Pfc. Bradley Manning," Bates said. "We heard everything from he was a hero to a traitor and everything in between."
Bates said the motion was brought to the council by the Peace and Justice Commission, a group of volunteers that includes council members' appointees.

"A lot of people were upset that it wasn't a very well thought out," Bates said. "There was some feeling among us at the city council of not wanting to add credence to that."

In response to critics of the city council even holding the vote, Bates said, "They said the same thing when we wanted to have gay rights and civil rights. We're one of the places in the world where ideas percolate. We're OK with our role. We think we did the right thing in this case, which is basically raise the issues."



Thank You for being our dear reader always despite many choices out there. Many thanks from Darey P.N.G (Chief Editor)eNews Nigeria.

6:32 AM | Posted in , , | Read More »

WikiLeaks, the law, and an unlikeable leader

Exploring the prospects of a prosecution of WikiLeaks and its leader, Julian Assange, under the Espionage Act of 1917 and other laws. Thank you to the readers who suggested questions for the panelists, who were: Abbe D. Lowell, the noted defense attorney; Paul Rosenzweig, a former policy official at the Department of Homeland Security; and Prof. Stephen I. Vladeck at American University.

The traditional way to handle this sort of thing is to write a story, a summary, but there are so many issues in play that I thought this was one where it's best to have you hear directly from specialists in the field. We have three distinguished participants, and there's a great deal of subtlety in their answers. Selecting a couple of quotes, or a tally of their "votes" on an issue, wouldn't depict that complexity.

The discussion roamed from WikiLeaks itself to the First Amendment implications of such a case, to the weaknesses of a prosecution and a defense, to the changes needed in the Espionage Act and other laws.
It's not the most important legal point, but it's notable that the three panelists all offered similar answers to the question, what is a weakness for the defense. The answer: the defendant. His statements and demeanor will hurt him with a judge and jury.

6:30 AM | Posted in , , , | Read More »

Tax deal passes Senate test vote

Senate Minority Leader Mitch McConnell of Kentucky said in a speech yesterday that the tax compromise was an essential first step toward addressing the nation’s deficit, by “cutting off the spigot” of tax income to the federal government to force Congress to make spending cuts.

WASHINGTON — A bipartisan bloc of senators easily propelled President Obama’s tax cut compromise over a key procedural hurdle yesterday, clearing the way for a final Senate vote as early as today, and setting the stage for a potential showdown later this week among divided Democrats in the House.

A looming Jan. 1 deadline — when Bush-era tax cuts are set to expire, raising taxes for most Americans — brought Democrats and Republicans together in the Senate to advance Obama’s compromise over the objection of liberals. The lopsided vote of 83 to 15 easily cleared a 60-vote threshold to prevent a filibuster and generated momentum for the Obama-GOP alliance on the contentious issue.
The agreement would extend the tax cuts at all income levels for two years, though most Democrats, including the president, had wanted the cuts to extend only to families with incomes less than $250,000 a year.
“I just can’t see adding hundreds of billions of dollars to the deficit to give some multimillionaires a tax break, and that’s all there is to it,’’ said Senator Patrick Leahy, a Vermont Democrat who joined a group of liberal senators and a smattering of conservative Republicans in voting no.
But the Senate’s minority leader, Mitch McConnell, a Republican from Kentucky, said in a floor speech that the compromise was an essential first step toward addressing the nation’s deficit, by “cutting off the spigot’’ of tax income to the federal government to force Congress to make spending cuts.
In the House, debate is expected not only on the income tax, but on the estate tax. The current estate tax is zero, but it is due to be reset Jan. 1 at 10-year-old levels that members of both parties say are too high.
The president’s deal calls for a 35 percent tax on the value of an estate above $5 million — terms some Democrats in both chambers say is too generous to the wealthy.
“The estate tax is way too rich,’’ said Senator Kent Conrad, a North Dakota Democrat who supported the overall deal on yesterday’s procedural vote. Conrad said he will try to amend the package before it is passed.
Many Democrats prefer setting the estate tax at 2009 levels: a 45 percent tax on value above $3.5 million.
“There’s much consternation in the House about the estate tax,’’ majority leader Steny Hoyer, Democrat of Maryland, said yesterday, suggesting the House could try to amend that if Conrad’s attempt fails.
The White House has warned there is little room for changes. Senator Richard Shelby, Republican of Alabama, said yesterday that his party would not accept a significantly different bill.
“I would think that what we agreed on will probably prevail,’’ he said in an interview. He noted that “the size of the vote, the showing of a lot of bipartisanship over here,’’ should create momentum that will make it hard for the House to resist.

Several political analysts agreed. “Considering all the criticism this package got from the right and the left, this vote is remarkable,’’ said a University of Virginia political analyst, Larry Sabato.

The wide margin is a blow to opponents of the deal, he said, adding, “it’s hard to see now how this is stopped.’’
Some of the angry rhetoric from liberal Democrats against the package has dissipated. Last week, Democrats, including several from Massachusetts, had bitterly denounced the deal, and the House Democratic caucus objected in a nonbinding voice vote.
Yesterday, Hoyer spoke of compromise: “You know, my experience in life, I haven’t gotten everything I wanted. That’s life. That’s the way we work with one another.
“I think we’ll pass a bill,’’ Hoyer said in a speech before the National Press Club. “As opposed to simply not passing anything.’’
Still, Massachusetts House members had not warmed to it by yesterday, despite the overwhelming support in the Senate.
“I just don’t get borrowing $855 billion from the Chinese to help families making more than $250,000,’’ said Representative Stephen Lynch, a South Boston Democrat.
The deal, negotiated by the president and congressional Republicans, also extends for 13 months an expiring program to provide federal unemployment benefits to those who have exhausted their 26 weeks of state benefits. The compromise would also create or continue a variety of tax breaks for individuals and businesses, including the establishment of a cut of 2 percentage points in the payroll tax and an extension of alternative energy credits that were part of the federal stimulus bill.
Lawrence Summers, in his last speech as head of President Obama’s National Economic Council, said the tax cut plan “averts what could have been a serious collapse in purchasing power.’’ He also said it delivers more in stimulus spending than most Democrats had thought politically possible.
Both Bay State senators supported the compromise. Democratic Senator John Kerry said it was hard to accept the tax cuts for the wealthy, but that was the price for extending unemployment benefits and preventing a tax increase on the middle class.
“Is it the deal I wanted? No,’’ Kerry said in a statement. “But the reality is we don’t have 60 senators who oppose the Bush tax policies the way I do, and the way Barack Obama and Joe Biden do, and this compromise provides many critical benefits for middle class folks that we’ve been fighting for and haven’t been able to win any other way.’’
Republican Senator Scott Brown said in a statement that the deal “is good for American families, for small businesses, and for individuals in Massachusetts and across the country.’’
Obama, who has weathered heavy criticism from liberals who complain he gave up too much in the deal, said yesterday that the Senate vote “proves that both parties can in fact work together to grow our economy and look out for the American people.’’ He urged the House to act quickly.
Representative James McGovern, a Worcester Democrat who continues to oppose the deal, acknowledged that a number of House Democrats support the current package, and with Republican support there may be enough votes to pass it.
Jeffrey Berry, a Tufts University political science professor, agreed.
“House Democrats need some symbolic compromise to make the medicine go down easier,’’ he said, “but this will pass because Democrats can’t afford to hold it up’’ and be blamed for higher middle-class taxes.

Thank You for being our dear reader always despite many choices out there. Many thanks from Darey P.N.G (Chief Editor)eNews Nigeria.

2:40 AM | Posted in , , , | Read More »

WikiLeaks hackers could face charges



AUSTRALIANS who helped launch cyber attacks on the websites of firms refusing to process donations to WikiLeaks face the possibility of criminal charges, a Sydney expert says.
WikiLeaks' supporters managed to temporarily bring down Visa and MasterCard websites earlier this month by overloading them with requests from individual computers.

PayPal, which also put a block on WikiLeaks' account, crashed days later.

University of Sydney Professor Michael Fry said a hacker network which orchestrated the attacks commanded thousands of members to bombard the sites after the companies stopped processing donations to WikiLeaks, which released thousands of classified government documents in recent weeks.

Those who responded to the call were potentially in breach of computer crime laws, he said.

"If readily identified, the owners of the machines participating in this ... could see themselves charged with abuse of computer facilities," said Professor Fry, a cyber-security expert with the university's School of Information Technologies.

But whether or not legal action will be taken against offending participants is a thorny issue.

"This cyber war is gathering pace and prosecutions could generate another round of attacks," he said.

"Either way we are seeing the beginning of a new era in political cyber-warfare with the widespread use of botnets."

Professor Fry said it was "fascinating and novel" that thousands of willing participants allowed their machines to be infected so they could take part in politically motivated attacks.

"This suggests a huge level of emotive support for WikiLeaks and its activities, but also a level of naivety," he said in a statement.

"It seems members of the group downloaded publicly available ... code, but took no steps to evade discovery and identification, unlike criminal botnets, which use sophisticated evasion techniques."

"This makes members vulnerable to detection, potential prosecution and counter-cyberattack(s) ... (which) have indeed happened today, initiated by US political groups."

An internet group operating under the label Operation Payback claimed responsibility for the MasterCard and Visa problems in messages on Twitter and elsewhere.

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9:58 AM | Posted in , , | Read More »

Excess crude account reached N450billion in November

The balance in the Excess Crude Oil Account surged to about N450billion at the end of last month, the accountant general of the federation, Ibrahim Dankwambo, said at the end of the monthly Federation Accounts Allocation Committee meeting in Abuja at the weekend. He said the balance of revenue in the dollar-denominated component of the ECA was about $1.9billion, while about N50billion was transferred into the domestic ECA. This excludes the $1billion already deposited by the federal government as seed money for the take-off of the newly created Sovereign Wealth Fund (SWF).

Mr. Dankwambo attributed the surge in the revenue in the ECA to increased oil production capacity under the various Production Sharing Contracts (PSCs) in recent times as a result of the declining tension in the Niger Delta as a consequence of the impact of the federal government amnesty initiative in the region, improved oil prices at the international oil market above the $60 per barrel benchmark in the 2010 budget as well as a rise in the modified carry agreement receipts by the oil companies.

“The production capacity of the multinational oil operators improved tremendously in recent times as a result of the improved operational environment as a direct consequence of the Federal Government Amnesty Programme for Niger Delta militant groups as well as increase in crude oil prices at the international market. Revenue, generally, was good, that was why there was a transfer to excess crude account (dollar), which has a balance of $1.9billion, (domestic) N50billion) and Sovereign Wealth Fund of $1billion, bringing it to close to $3billion in revenue savings. Our hope is that this level will be sustained,” he said.

More money to share
The AGF said gross revenue available for distribution among the three tiers of government for the month of November was N557.839billion, made up of N407.554billion as statutory revenue, including Value Added tax (VAT). The total figure is higher than N451.074billion from the previous month by N106.766billion. The distributable statutory revenue for the month was N364.639billion, an increase of N564million, or 0.15 percent compared to the October figure. There was no augmentation revenue for the month, neither was there an exchange gain,

considering that the prevailing exchange rate of N147 per dollar was lower than the N150 per dollar set as the benchmark. A total of about N143.043billion was transferred to the ECA, as well as for Petroleum Profit Tax (PPT) and Royalty.



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9:56 AM | Posted in , , , | Read More »

Once again Nigeria loose its Heros

THE Nigerian Premier League was thrown into dark moment on Sunday with the death of Ocean Boys of Yenagoa left back defender, Emma Ogoli.
Ogoli, e News sports learn he slumped on the pitch of the Samson Siasia Stadium, Yenagoa after playing only for 39 minutes during the team's week six tie against visiting Niger Tornadoes of Minna which ended 2-1 in favour of the homers.
The stopper who joined Ocean Boys from sister club,Bayelsa United suddenly collapsed on the pitch and was rushed to a waiting ambulance at the stadium but died on the way to the hospital.

In his reaction, Head Media and Awards Committee of the Nigeria Premier League (NPL),Akin Akinbobola described the incident as pathetic, adding that the player's death was not only a loss to his immediate family and club, but to the the entire Nigerian football fraternity.


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9:53 AM | Posted in , , , | Read More »

Politicians killed Nigerian banks -Sanusi Calls for their arrest

 AS the controversy surrounding the statement made by the governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, about the budget of the National Assembly rages on, the CBN governor has declared that politicians in the country, particularly those who participated in the second and the botched third republics, should be held responsible for killing most of the dead banks in the country.

The CBN governor, who delivered a public lecture entitled “Global Financial Meltdown and the Reforms in the Nigerian Banking sector” at the Abubakar Tafawa Balewa University, Bauchi, said that, “most of the people who killed Nigerian banks are still very much around us, they borrowed money and refused to repay them and when the banks died, they turned around and reinvested the money into their businesses with some of them becoming governors, senators, members of the National Assembly.”

Mallam Sanusi, who said that he did not believe in the categorisation of the banks as ‘failed banks’, explained that, “the banks did not fail but were killed and we must do everything possible to find the killers of the banks just like would be done to find the killers of anybody killed by some people.”
On the banking reform he introduced in the last 17 months, he stated that the reforms had brought stability to the banking sector and the Nigerian economy, adding that due to the measures put in place, no single bank in Nigeria had collapsed ever since the full implementation of the reforms.

He added that no depositor had lost money as a result of the banking sector crisis because, according to him, “the banking system has stabilised and the most affected banks have continued normal operation while modalities for injecting fresh capital into them, either by shareholders or through acquisition and merger arrangements, are being finalised.”

The CBN governor further said that the reforms had also succeeded in returning macro economic and financial system stability, adding that overall output in 2010 was expected to be higher than in 2009, saying, “projections by the National Bureau of Statistics (NBS) showed that the real GDP in 2010 will grow by 7.85 per cent compared to 6.66 per cent in 2009. The growth rate appears robust but there is need to ensure that it translates into job creation and poverty reduction.”

According to him, between 2009 and 2010, the volatility of the economy has moderated significantly explaining that, “headline inflation declined steadily from 15.1 per cent in end-2008 top 10.4 per cent in September, 2009, rising thereafter to 15.6 per cent in February 2010.
“Since then, it has maintained a downward trend to 13.4 per cent in October, 2010.”

However, on the challenges of the reforms, he said that the major challenge was how to sustain and translate the stability into employment opportunities, because, according to him, “the link between major growth drivers, particularly agriculture and manufacturing, has continued to be weak,” there was, therefore, the need to urgently address all binding constraints to growth, he noted.

He also said that, “inadequate or absence of basic economic and social infrastructure remains a major binding constraint on Nigeria’s economic growth and development. There is, therefore, an urgent need to fast-track the proposed reforms in some key sectors of the economy, notably power and oil and gas sectors, to attract the much-needed investment and reduce large import bills on refined petroleum. There is also need to deepen the deregulation process in the electricity process and transport sector to attract private investment.”




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9:44 AM | Posted in , , , | Read More »

Chris Brown tries to put his troubled past behind him with a new romance

He may have a bad reputation, but Chris Brown tried to show is softer side as he visited a Miami beach with his latest girlfriend, Jasmine Sanders, and his new puppy.
The couple both dressed in very casual clothes, dipped their toes in the water to cool off during their stroll.
Chris and Jasmine also spent their time at the beach doting over Chris' new bulldog puppy, Diana.
Puppy love: Chris Brown's new love interest, Jasmine Sanders takes a stroll with Chris and his bulldog Diana in Miami

New couple: Christ Brown and girlfriend Jasmine Sanders were spotted on a Miami beach yesterday
The rapper made sure to keep a watchful on the new pet by picking the little pup up at times.
Chris is said to have first started seeing Jasmine, a 5'9" model, in June.
Many have said that Jasmine looks re-markedly like Chris' former girlfriend, superstar singer Rihanna.
The With You singer somewhat struggled to make a come back after being convicted of beating Rihanna in March last year, during a row while the two of them were riding together in a rental car.
Puppy love: Chris Brown plays with his puppy Diana in the warm Miami sun
Canine companion: Chris Brown played with his bulldog Diana
Since the altercation, Chris faced constant public criticism and a loss in record sales after a back-lash from many of his fans.
His third album, Graffiti, was released in December 2009 and was his lowest selling CD to date.
Rihanna, however moved on considerably from the experience by  ramping up her music career and finding new love.
She is currently happily dating LA Dodgers player Matt Kemp.
Moving on: with a new girlfriend and a new puppy, Chris Brown is moving on from his troubled past
Moving on: The singer has struggled to put his troubles behind him




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7:22 AM | Posted in , , , | Read More »

Between the covers of a princely romance

PRINCE WILLIAM'S romantic engagement to Kate Middleton is not the only reason Mount Kenya holds a special place in his heart, according to excerpts from a book about the royal couple to be published in New Idea tomorrow.
William and Kate, The Love Story, by British royalty reporter Robert Jobson, details the couple's shaky past and the significance of Mount Kenya as a romantic getaway for the prince and his ex-girlfriend, Jecca Craig.
''Jecca and William were said to be so close that in 2000 they performed a mock engagement ceremony on her parents' 22,500-hectare wildlife reserve at the foot of Mount Kenya,'' Jobson writes.
William then returned there after a public stoush with Kate in 2004 that left him feeling claustrophobic and stale, although the prince did not pursue his romance with Jecca.
Trying to act the part of a newly single party prince at this time, Jobson says, William responded to the couple's first official break-up with an over-the-top display of crass behaviour and unfeeling emotion.
Kate's reaction to the heartless behaviour was, writes Jobson, matter-of-fact and without tears. ''A well-placed source told me: 'She was cool and quite relaxed when she told everybody. She almost seemed relieved it was over and it was out'.''
After reuniting, then splitting again in 2007, the New Idea book excerpt tells, Wills and Kate appeared to be over for good … until a weekend at the home of close friends of the royal family reunited them.
''The body language said it all,'' a guest confided to Jobson. ''You got the impression that if we had not been there, they'd have been all over each other.
''The power of their love, like a magnet, had pulled them back together.''

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7:17 AM | Posted in , , , | Read More »

Clara Oshiomhole: Exit Of A Strong Woman

NEWS of the death of Governor Adams Oshiomhole’s wife, Mrs. Clara Oshiomhole, on the night of last Tuesday,  in Abuja brought about, albeit momentarily, a sad and solemn atmosphere which enveloped the state. The departure of this woman who stood by her husband as he fought and won different battles on different fronts, as a labour activist and President of the Nigeria Labour Congress (NLC), for the well-being of the Nigerian worker and for the recovery of his electoral mandate, came to many Edo State indigenes and residents as a shock.
Unfortunately, however, Mrs. Oshiomhole lost the battle against one of humanity’s most malignant diseases, breast cancer. Even with the unofficial knowledge of some persons that Mrs. Oshiomhole was suffering from breast cancer, they still received the fact of her death in a somewhat surprised manner.
The 54-year-old mother of five died barely four days to the traditional wedding of the family’s second daughter, Jane, for which preparations were said to have reached an advanced stage. The event had been fixed for Sunday, December 12. The other children are Cyril, Winnie, Steve and Adams Jnr. 
On hearing of his wife’s death, Governor Oshiomhole was reported to have stepped out of his office and wept as he deeply pondered over what had happened. He reportedly left for Abuja by road at about 1:00 a.m. on Wednesday but later returned to Benin City same day in the afternoon to meet a state thrown into a solemn mood.
A statement from the Edo State Government signed by the Secretary to the State Government (SSG), Mr. Pally Iriase, which officially announced her death on Wednesday, confirmed that Mrs. Oshiomhole died “after a protracted battle with breast cancer,” adding that she would be deeply missed by her husband, children, the people and government of Edo state.
An anonymous profiler once wrote that “Mrs. Oshiomhole might not have possessed the crowd-pulling charisma of her husband, but on her own, the affable woman was a force to reckon with.”
Born on 18 June 1956 to the Akaragbon family of Idumu-Agho, Okaigben, Ewohimi, in Esan South East Local Government Area of Edo State, Clara never had the privilege of acquiring early education. This seeming impediment did not affect her determination to acquire a professional academic relevance with which she armed herself.
She then took up appointment as a staff member of the National Institute of Public Information, an agency of the Federal Ministry of Information, Kaduna. She was a secretariat staff of the institute until her husband won a popular victory through a judgment of the Court of Appeal to become governor of Edo State.
“Quiet, admirably low-keyed but forceful, Mrs. Oshiomhole was until her demise, the strong tower behind her husband’s uncanny doggedness and fights with establishments for the welfare of Nigerian workers. Her contributions to the success of her husband’s numerous struggles also played a great impact in his emergence as the governor of Edo State and, indeed, his quest to emancipate the state from the grip of imposed under-development,” the profiler added.
On becoming the First Lady of Edo State, she set up the Health Foundation for Maternal and Child Care (HEFMAC), an NGO for bringing qualitative health care to the indigent people of the state, and which she successfully used to take free health programme to the three senatorial districts of the state.
“As part of her determination to end the travails of women and children, particularly the girl-child, Mrs. Oshiomhole has not only given out millions of naira in payment of hospital bills, she has equally given out scholarships to indigent but brilliant young girls to cover tuition and books from secondary to tertiary institutions of learning. The girls were selected from the three senatorial districts of the state.”
Clara’s battle against cancer apparently limited her public appearances as First Lady and the scope of her plans for the people of Edo State. But that low-keyed disposition no doubt endeared her to the hearts of many, including those who never had the opportunity of meeting her. It might also be part of the reasons the news of her death was received with shock and solemnity, even across political divides. Indeed, the outpouring of emotions knew no bounds.
The number of sympathisers were enormous. The list included those who personally called at the Government House in Benin City to see the bereaved, and those who sent in their condolences. Among them were President Goodluck Jonathan; former President Olusegun Obasanjo; former Vice President Atiku Abubakar; former governors Bola Tinubu of Lagos State, Dr. Chris Ngige of Anambra State, Olagunsoye Oyinlola of Osun state, and Dr. Emmanuel Uduaghan of Delta State; Senate President David Mark; Governors Babatunde Fashola of Lagos State, Rauf Aregbesola of Osun State, Olusegun Mimiko of Ondo state, Adebayo Alao-Akala of Oyo State, Bukola Saraki of Kwara State, Kayode Fayemi of Ekiti State, Gbenga Daniel of Ogun State, and acting governor of Delta State, Sam Obi.
Others included the national chairman of the Action Congress of Nigeria (ACN), Chief Bisi Akande; the Edo State chairman of the Peoples Democratic Party (PDP), Chief Dan Orbih; Nigeria’s First Lady, Dame Patience Jonathan; the Benin monarch, Omo N’Oba Erediauwa; the Esogban of Benin, Chief David Edebiri; first democratically elected governor of Edo State, Chief John Odigie-Oyegun; and National Publicity Secretary of the ACN, Lai Mohammed.
The tributes were unanimous in describing Mrs. Clara Oshiomhole as a quiet, unassuming, supportive and courageous woman.


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7:07 AM | Posted in , , | Read More »

WikiLeaks cables: Nigeria feared coup as president lay dying overseas

The ill health of Nigeria's president sparked fears of a military coup and caused screaming matches over who was in charge of the country, according to secret US diplomatic cables.
Umaru Yar'Adua, who was terminally ill, left the country in November 2009 for medical treatment in Saudi Arabia.
A US memo marked secret and dated 26 February, just after Yar'Adua's return, reveals frantic negotiations in the corridors of power of Africa's most populous nation.
It says the acting president, Goodluck Jonathan, admitted "'everyone's confused' about who is in charge of Nigeria".
"He said the last cabinet meeting was disastrous and included yelling and screaming, and it is totally dysfunctional. He said he is 'not a politician' and had very limited experience as an administrator, but concluded, 'I will not tolerate a brawl.'"
Jonathan named political enemies whom he accused of destabilising the government. "This terrible situation in the country today has been created by four people: Turai Yar'Adua [the ailing president's wife], his chief security officer (CSO) [Yusuf Muhammad Tilde], his aide-de-camp (ADC) [Colonel Mustapha Onoedieva] and Professor Tanimu Yakubu [his chief economic adviser]."
Referring to Jonathan as "the AgP", the memo states: "The AgP said he does not know their motives, but expected it was likely for nefarious purposes ... The AgP noted that 'people are angry'."
Nigeria has a history of army interventions and under the subheading "Fears about military" the cable notes: "The AgP said the military chiefs are making sure no politicians are reaching out to the rank-and-file, and encouraging the military to stay in the barracks so that the uncertain political situation does not generate coup-like behaviour emanating from the mid-ranks because of the confusion."
The memo reveals America's silent role in the Nigerian crisis. Robin Sanders, the US ambassador, "encouraged Jonathan to change the perception that he is a regional figure, and be seen, rather, as a national figure who has the best interest of the nation at heart".
"Ambassador expressed that given that the US and Nigeria are very best friends, we feel the need to share our concerns, as any good friend would do, and that we are counting on him to steer Nigeria through this troubled and uncertain period."
Jonathan said he was picked as Yar'Adua's running mate in 2007 because he represented the Niger Delta. "I was not chosen to be vice-president because I had good political experience. I did not. There were a lot more qualified people around to be vice-president, but that does not mean I am not my own man."
The document concludes: "It is always hard to judge how some will behave (or surprise you) when leadership is unexpectedly thrown in their lap. The verdict is out on Jonathan and his previously underwhelming personality and performance needs to keep us in the cautious lane, but so far, so good. Things are quiet."
Yar'Adua died in May this year and Jonathan was swiftly sworn in as president. He has since announced his intention to contest elections next January.


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7:02 AM | Posted in , , , | Read More »

Swedish Police Probe Stockholm Blasts as Terrorism

Police in Sweden say two explosions in central Stockholm that killed one person and injured two others was a terrorist attack.

Police spokesman Anders Thornberg told a news conference Sunday the explosions are being investigated under Swedish law as an act of terror, but that authorities have not raised the security level.

Police say the first blast Saturday occurred in a car near a busy shopping street, slightly injuring two people.  Shortly afterward, a second explosion was heard on the same street.  Police later found one person dead at the scene.  Authorities believe that person was a suicide bomber.

Swedish news agency TT said Saturday that 10 minutes before the blasts, it had received an e-mail in Arabic and Swedish, warning of unspecified "action."

The news agency said the warning, also sent to the Security Police, referred to Sweden's involvement in Afghanistan and to caricatures of the Prophet Muhammad by the Swedish artist Lars Vilks.





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6:51 AM | Posted in , , , | Read More »

UN deal sets pace for emissions

A LAST-MINUTE agreement at United Nations talks has increased pressure on the Gillard government to lift its ambition in tackling climate change, with the Greens saying Labor has ''no choice'' not to set a more ambitious target than a 5 per cent cut in greenhouse gas emissions.
A final overnight session ended with UN negotiators for the first time backing an agreement that formally included targets from the US, China and India.
The deal included arrangements for protecting rainforests and a planned $US100 billion ($101 billion) green climate fund to help the most vulnerable nations cope with the effects of climate change.
The Cancun agreement included steps to ensure transparency in emissions measurement and reporting - a key sticking point for China and the US at last year's disastrous conference in Copenhagen.
But while representatives from more than 190 countries agreed to seek ''deep cuts'' in emissions, the deal does not include targets big enough to meet the goal of limiting the global temperature rise since industrialisation to 2 degrees.
Researchers for the Climate Action Tracker estimated the emissions pledges would set the world on course for 3.2 degrees warming - enough, scientists say, to cause droughts, crop failure, species extinction and increased damage from floods and storms.
Despite this, climate activists welcomed the deal as a step forward that could lay the groundwork for a binding treaty in South Africa next year, or Rio de Janeiro in 2012.
The Climate Institute deputy chief executive, Erwin Jackson, said it was a more significant result than the 2007 Bali climate conference, when wealthy nations recognised they should cut emissions by 25-40 per cent by 2020.
''It has broken the back of starting to capture all the major emitters in a legally binding framework,'' he said.
The Climate Change Minister, Greg Combet, said the conference was a ''historic step forward'' but that a lot of work remained if there was to be a single treaty covering all big emitters.
The Greens deputy leader, Christine Milne, said the agreement would raise the stakes in the Australia climate debate as the multi-party climate committee sought a deal to introduce carbon price legislation next year.
She said Labor had no choice but to increase its ''inexcusably weak'' pledge to cut emissions by between 5 and 25 per cent below 2000 levels by 2020.
''The world's poorest countries made very significant concessions in these negotiations in order to keep the UN process alive,'' Senator Milne said. ''Next time around rich countries like Australia will be expected to make similarly substantial contributions.''
The Coalition climate action spokesman, Greg Hunt, said the results at Cancun were modest, and would not sway it from opposing a carbon price.
The agreement bought more time for nations to negotiate a second commitment period under the Kyoto Protocol beyond 2012, although that process remains fraught.


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6:48 AM | Posted in , , , | Read More »

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