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Download Video:- Korede Bello – Real Man

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Download Video:- Korede Bello – Real Man

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Download Freebeat:- Totori Me – (Prod By Thrive Odang)

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Download Freebeat:- Totori Me – (Prod By Thrive Odang)

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Download Freebeat:- Breakup (Prod By Damilaray)

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Download Freebeat:- Breakup (Prod By Damilaray)

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Call/Whatsapp:- +2348081455326

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Download Music Mp3:- Jamal Beeleon – Grace (Prod By Sussbeat)

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Download Music Mp3:- Jamal Beeleon – Grace (Prod By Sussbeat)

Olatunji oluwapelumi micheal popularly  known as jamal beeleon kicks off the year 2021 with this lovely tune he titled Grace.

Grace is an inspirational song and produced by Sussbeat, ,Mix and Mastered by Josiah aka Jossybeats.

Download and Enjoy!

DOWNLOAD HERE

Listen on Audiomack HERE

You can reach him on social media @jamal_beeleon

Download Music Mp3:- Skybaba – Their Father

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Download Music Mp3:- Skybaba – Their Father

Sky Baba shakes the airwaves with yet another hit single off his anticipated EP Produced by E19.

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Follow on social:- @skybaba_01

Get other song by Skybaba on 9jaflaver HERE

Download Freebeat:- Dangbana (Prod By Thrive Odang)

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Download Freebeat:- Dangbana (Prod By Thrive Odang)

You can connect with Thrive Odang via:-

WhatsApp:-+2349063575152

Instagram:- @thriveodang_

Facebook:- Thrive Odang

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Pictures Of Boko Haram Training Kids Shared By HumAngle

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A new video released by Nigeria’s Jihadist group, Boko Haram, shows child soldiers undergoing religious and combat training in a camp.

The images show relatively young children dressed in combat-style clothing and balaclava participating in martial arts training, weapon handling training and religious education class.

At least two instructors and one child had what appeared to be the Zastava M21, likely captured from Cameroonian security forces.

The Zastava M21, built based on the Kalashnikov design, has appeared in previous pictures shared by Boko Haram factions or reported to have been recovered by security forces.

Some children were also shown holding different Kalashnikov pattern assault rifles with under folding, side-folding and fixed wooden stocks.

A section of the 16 minutes and 40 seconds video in Hausa and Arabic showed religious education and indoctrination sessions.

HumAngle reports that Boko Haram has occasionally shown different generations of fighters it is grooming to sustain the insurgency.

Boko Haram and Islamic State West Africa (ISWAP) have been waging a bloody insurgency in North East Nigeria and Lake Chad which has led to at least 30,000 deaths and displaced over two million people.

Source:- Humangle

People Of Yewaland In Ogun Leave For Benin Republic Over Herdsmen Crisis (photo)

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The refugees from Yewaland, Ogun State who have been victims of herdsmen continuous attacks are building up in Pobe, Benin Republic.

@dabiodunMFR u haven’t done enuf to help rescue & save lives of pple of Ogun west. ur silence is extremely loud #chioma.

Backward Integration In Sugar, Cement And Petroleum: Who Are The Beneficiaries?

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First came Sugar… then Cement… now, petroleum refining. The cycle of seeking protectionist Backward Integration Policies to protect a few players in limited industries keeps repeating itself. Only in this case, what should strengthen our collective economy is protecting a few big businesses and shutting out others, therefore holding Nigerians to ransom.

Let us say it as it is: We have seen this before, with all sorts of ventures in various sectors. One of Nigeria’s biggest businessmen sets out to enter a new industry in a big way. Government pulls out all the stops to support the actualization of that dream with several incentives because presumably, “it will support the economy and make the products/commodity more accessible and affordable.”

What has always happened next is that the government-backed backward integration plan is championed by this same player who is almost always a first mover in the private sector. What follows is a systemic closure of the operating space to others starts to occur, amid as well as a gradual increase in price. This is despite local production of said commodity going up. Why then does Nigeria keep granting such policies to favor a few despite the benefits not trickling down as promised? Have these so-called backward integration programmes ever helped or done so sustainably?

Let us take a look at the Nigerian Sugar Industry – a glaring example of the success and failures of a protectionist Backward Integration Policy (BIP). Twenty years ago, during the then President Olusegun Obasanjo-led administration, the Backward Integration Policy of the Nigerian Sugar Industry was championed to ensure that the “big three” Sugar refineries – Dangote, BUA and Flour Mills developed sugar plantations and were able to use homegrown sugar to substitute imported raw sugar. This was intended to bring down the price of locally available sugar as well as deepen the Nigerian sugar industry. Has it worked so far? Is sugar cheaper? Is the market more accessible for smaller players?

Twenty years ago, Dangote Group took over Savannah Sugar after acquiring it in the privatization process. How have they fared? Many suggest Savannah Sugar may be poorer for it. Asides marginal investments in new sugar fields, nothing else appears to have been done. Till date, the plantation has received no major upgrade and still cannot produce white sugar because it has no sugar refinery on site. About five years later, Flour mills of Nigeria, producers of the Golden Sugar brand, took over their own Sunti BIP site.

Despite receiving over 40billion Naira in FG intervention funds, their Sunti backward integration site still cannot produce edible sugar and only has a sugar mill similar to the one at the Dangote’s Savannah Plantation. The third producer, BUA is hardly any different. BUA took over its own Lafiagi site 10 years ago and didn’t start on time in developing the site. They claimed it was due to the government not handing over the land and associated infrastructure till 2014. Till date, work on their Sugar refinery and ethanol plant on site in addition to its plantation is still some way behind – just like the Dangote and Flour Mills, on delivering on their agreed BIP deliverables. Which serious companies take one to two decades to put the right things in place?

What has this led to? Prices of sugar have grown astronomically since the BIP programme started, even hitting NGN25,000 per bag during the COVID pandemic. It took a public outcry and the intervention of the government for prices to be reduced. Word on the street is that there may be another price increase towards the Muslim fasting period. Why is it that sugar is always expensive at this time of the year? Who shall successfully regulate these all-powerful oligarchs? New players are finding it difficult to break into the industry and those who try to are summarily pushed out.

To make matters worse, it seems there is also oppression among our oppressors. Any of the players who tries to break ranks is ganged up against by the others, as possibly demonstrated by with the recent debacle on BUA’s new export focused sugar refinery in the Bundu Free Zone in Port Harcourt. A recent leaked memo written by the two other players to the Minister of Trade urged the Minister to shut down BUA’s operations in Port Harcourt, despite the fact that increased operations would potentially solve supply side issues and by extension bring down the price of the finished commodity – issues – even when necessary duties are paid to bring the sugar into mainland Nigeria. To put it in simpler terms – imagine a sugar company unable to meet its target fighting for the shutdown of another, even when revenue is being expended to import sugar into mainland Nigeria. What hope then exists for the smaller producer or the consumers, who bear the brunt of these machinations?

It doesn’t end with sugar; Nigerians have witnessed the same thing with the Cement Industry, with the same cast of characters. Despite a series of waivers, pioneer status incentives and a backward integration policy championed initially by Dangote Cement and later enjoyed by Lafarge and BUA – the two other players in the Nigerian Cement Industry, retail prices of cement have grown astronomically in a way that makes everyday Nigerians question the benefits of Backward Integration in the Cement Industry. In a recent interview, BUA Chairman Abdul Samad Rabiu who is a part and beneficiary of this system, ironically admitted that Nigerians are paying the highest for cement in most of Africa. His peers have not considered Nigerians worthy of hearing such truth, preferring to keep mum.

I must say, a Backwards Integration Policy should not create more unwieldy, extremely profitable monopolistic enterprises that somehow end up holding Nigerians by the pocket and therefore by the jugular. Rather, such policies should engender a more open, competitive industry, giving opportunities to all comers without the fear of the system and a few players frustrating them.

At a briefing over the weekend, Nigerians were shocked to learn again that one of these same players who is building a 600,000barrels per day petroleum refinery, is actively pushing for purchases of Crude in Naira as well as a new backward integration policy for refineries. This was more or less confirmed by the recent visit of the Senate Committee visit to the Dangote Refinery last week.

Here’s the clincher – the same company which has benefited immensely in other sectors to the detriment of Nigerian consumers are now requesting that this policy should only be extended to those who have ACTIVE refining licenses. What this means – just like in Sugar and cement, is that only these companies with active licenses will be able to import these products into Nigeria. This will effectively narrow the market for Dangote’s 600,00barrels per day refinery. In view of their current plans, the Dangote Group will be the only ones to enjoy the benefits of this policy and possibly, BUA, when its own 200,000 barrels per day refinery comes up in 2024.
What is baffling however, is that this policy if instituted, will ensure that only the usual elite group will be able to import petroleum products, just like we have seen in Sugar and Cement. It will also ensure that even our dear own NNPC will be forced to buy its refined petroleum products from these companies, ensuring unsustainable profits and arbitrary price fixing which is detrimental to Nigerians. Crude oil across the world is sold in dollars. Why will they pay for our crude in Naira and then sell back to Nigeria in dollars? The same thing will likely apply to BUA and these two companies may as well be controlling over one-third of our GDP.

Here’s the clincher – the same company which has benefited immensely in other sectors to the detriment of Nigerian consumers are now requesting that this policy should only be extended to those who have ACTIVE refining licenses. What this means – just like in Sugar and cement, is that only these companies with active licenses will be able to import these products into Nigeria.

This will effectively narrow the market for Dangote’s 600,00barrels per day refinery. In view of their current plans, the Dangote Group will be the only ones to enjoy the benefits of this policy and possibly, BUA, when its own 200,000 barrels per day refinery comes up in 2024.

What is baffling however, is that this policy if instituted, will ensure that only the usual elite group will be able to import petroleum products, just like we have seen in Sugar and Cement. It will also ensure that even the NNPC will be forced to buy its refined petroleum products from the companies, ensuring unsustainable profits and arbitrary price fixing which is detrimental to Nigerians. Crude oil across the world is sold in dollars. Why will they pay four our crude in Naira and then sell back to Nigeria in dollars? The same thing will likely apply to BUA and these two companies may as well be controlling over one-third of our GDP.

To rescue our country, the Government must do away with the truly backwardness of these Backward Integration Policies, except it guarantees truly free markets. It has never worked for Nigerians. Rather, it has only worked to help a few people boost their already fat pockets. At this rate and if left to subsist, Nigerians could likely end up paying triple for petrol as has happened in Sugar and Cement.

The Policy of backward integration as implemented thus far has only enabled a monopoly that strangles the country’s chances at sustainably developing her commodities market and we must not mortgage our oil in this manner. The government must force these oligarchs to sit down and renegotiate all terms in these core industries as is being done in other countries like Senegal, for example.

Bottomline is, Nigerians and their stake in the oil industry appears to be heading towards a precarious end. So I ask again: BACKWARD INTEGRATION IN SUGAR, CEMENT AND NOW, PETROLEUM: WHO ARE THE REAL BENEFICIARIES? Certainly not Nigerians.

Source:- Politics Nigeria

Features Of Genesis GV80: The Car That Saved Tiger Woods’ Life

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Inside Tiger Woods’ $50,000 SUV: The Safety Features Of The Genesis GV80 – Including 10 Airbags

In Tuesday’s press conference detailing the events of Tiger Woods’ car crash, Los Angeles County Sheriff Alex Villanueva said the 45-year-old golfer is “lucky to be alive” and credited Woods’ survival to his car’s 10 airbags and the fact he was wearing a seatbelt.

The accident has understandably brought a lot of attention to the South Korean luxury vehicle manufacturer Genesis—as Woods was driving Genesis’ newest SUV, the GV80, as part of a golf event the luxury car maker was sponsoring. The GV80 is so new that the Insurance Institute for Highway Safety (IIHS) hasn’t yet given it a rating. However, the brand’s rated vehicles, the G90 and G70, have both received superior scores across the board including the coveted IIHS Top Safety Pick. It’s expected that the G80 and GV80 will also fare very well when it comes to the safety tests

Having driven the all-new Genesis GV80, I can attest to its ultra-high build quality, sound construction and plentiful active safety features. So what are those safety features you ask? Let’s break them down:

The GV80 has 10 airbags. It debuted with a front center airbag. Located between the driver’s seat and center console, it deploys in 0.3 seconds in the event of a side collision to help prevent the two front passengers from colliding with each other or with vehicle components. It comes standard on all GV80 models, along with nine other airbags. (Driver and passenger—front and side; driver knee; left and right curtains; left and right rear passenger airbags)

The advanced driver-assistance systems on the GV80 and G80 employ cameras and sensors to detect obstructions or minimize the impact from collisions. The GV80 enhances these capabilities with machine learning to further assist the Smart Cruise Control (SSC) and Highway Driving Assist (HDA). When activated, SCC automatically adjusts throttle and braking to maintain a set distance from vehicles ahead. The 2021 GV80 adds a new dimension to SCC with machine learning that is able to learn the driver’s behavior even when SCC is not activated. By observing the timing and responsiveness of the driver’s acceleration and the following distance maintained, the system can approximate similar behavior when SCC is activated.

Machine learning also augments the new Highway Driving Assist (HDA) system by adapting steering feel and responsiveness based on driver behavior. These parameters also adjust according to the drive mode selected. Other improvements to HDA include the ability to execute driver-initiated lane changes, improved responsiveness for avoiding vehicles cutting into the lane at low speeds and the ability to adjust the vehicle’s position within the lane when others get close.

A new feature called Road Preview allows the front-facing camera to scan the road ahead and identify speed bumps and other impediments. If any are detected, the Electronically Controlled Suspension (ECS) automatically adjusts suspension damping to reduce body movement and wheel impact harshness. The Road Preview feature comes standard on the GV80 3.5T.

State-of-the-art, advanced driver-assistance systems (ADAS) include:

Highway Driving Assist II (HDA II): This system assists the driver in a greater variety of situations than ever before, including during lane-change maneuvers when the turn signal is used, and when others merge in front of the driver.
Smart Cruise Control with Machine Learning (SCC-ML): A world-first, SCC-ML incorporates artificial intelligence (AI) within the Advanced Driver Assistance System (ADAS) feature that helps the car learn the driving style of the driver.
Forward Collision-Avoidance Assist (FCA): This system may help automatically bring the GV80 to a stop in certain situations where there is a risk of collision with an approaching vehicle detected on the left or right side of the intersection. GV80 may also help detect potential collision risks in certain situations where, for example, a pedestrian is sensed in close proximity to the vehicle while in motion.

Blind-Spot Collision Avoidance Assist (BCA): BCA is essentially a Blind Spot Monitor with active capabilities. BCA helps reduce the chance of potential impact with a moving vehicle and may alert the driver if a vehicle is detected in the driver’s blind-spot.

Lane Follow Assist (LFA): The LFA helps a driver stay in the center of its lane by recognizing the lane markers and vehicles traveling ahead.

Additional ADAS features debuting on the 2021 GV80 include:

Lane-Change Oncoming (LO): This helps prevent collisions with vehicles in opposing lanes on non-divided highways or roads.
Lane Side (LS): The Land Side fear helps prevent side collisions when merging into another lane with the ability to see two lanes over.

Junction Turning (JT): This function automatically applies the brakes if a vehicle is detected in the opposite lane when making a left turn at an intersection.

Junction Crossing (JC): The car will automatically apply the brakes if a vehicle crossing from the left or the right is detected when entering an intersection.

Evasive Steering Torque Assist (ESA): The ESA assists in avoidance maneuvers by applying steering torque once the driver has initiated steering input.

Rear Cross-Traffic Collision Avoidance-Assist (RCCA): This feature warns drivers of cars coming from the left or right while backing up and automatically brakes if a collision seems imminent.

Source:- Forbes

Davido Enjoys His Vacation (Video)

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Singer Davido Enjoys His Vacation Even With The News About Him Having An Affair

Obasanjo Urges Yahaya Bello To Sustain Fight Against Criminality

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Former President, Chief Olusegun Obasanjo, has tasked the Kogi State Governor Alhaji Yahaya Bello on the need to sustain his current onslaught against criminality in the state.

Obasanjo gave the charge on Sunday in Abuja at a closed-door meeting with the Kogi State governor.

Chief Press Secretary CPS to the governor, Mohammed Onogwu in a statement said his principal and the former president had fruitful discussions.

According to him, “Obasanjo urged the governor to sustain his efforts in providing security for his state noting Kogi is central to the nation’s peace and development. Former President Obasanjo noted that the fight against insecurity should have everybody on board, stressing that governors should involve everyone to ensure insecurity is curtailed in Nigeria”.

While appreciating the Governor for his developmental strides in the state especially in the areas of infrastructure, health, and education as well as youth and women inclusion in politics and governance, Obasanjo charged Governor Bello to continue to be an advocate for youth involvement in governance.

Responding, Governor Bello thanked President Obasanjo for his statesmanly role and fatherly disposition, saying young leaders have a lot to tap from the ex-president’s wealth of wisdom.

The Governor noted that though his state is surrounded by 10 other states and the Federal Capital Territory FCT making it the nexus between the South and North, West and East of Nigeria, Kogi, one of the 19 Northern States, stands in stoic defense of its people against criminal elements thus gaining acclaim as one of the safest in the country.

Bello assured the former president that he will not rest in the fight to ensure total safety for his people and will continue to do his best to ensure his electoral promises are fulfilled.

He prayed to God to continue to protect the statesman with good health and long life.

Source;- Vanguard

Femi Otedola Visits ‘Dangote Wonderland’ Second Time in One Month (Photo)

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Billionaire Femi Otedola on Saturday visited the oil refinery and petrochemical plant sites under construction in Lagos by Africa’s richest man Aliko Dangote, Igbere TV reports.

This was his second visit to the place he calls the Dangote Wonderland since February 7.

Mr Otedola captioned a photo from the visit posted to Instagram:

Today I visited the DANGOTE WONDERLAND.

The $15 billion oil refinery will be one of the world’s biggest on completion. It is designed to process 650,000 barrels of crude daily.

The complex will also house a fertilizer factory is estimated at $2.5 billion.

Meanwhile, Dangote Group has suggested for inclusion in the Petroleum Industry Bill a provision that the licence to import petroleum products should be assigned only to companies with active refining licences.

The company said this would encourage investment in local refining.

Idahosa: Oshiomhole Should Stop Panicking Over Probe Of N30b Storm Water Project

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Chief Charles Idahosa, a chieftain of the Peoples Democratic Party (PDP) in Edo state has advised Comrade Adams Oshiomhole, former Edo state governor; Clem Agba, Minister of State for Budget and National Planning and the Edo state chapter of the All Progressives Congress (APC) not to panic over moves by the Edo state government to probe the N30b Edo Storm Water project.

Edo State Governor, Godwin Obaseki had last week declared that the N30b Benin stormwater project embarked upon by the Oshiomhole administration was a ploy to defraud Edo people.
He said the stormwater project, conceived by the Oshiomhole administration, was designed not to work for the benefit of the Edo people, adding that his administration will probe the project and recover all the money stolen through it.
Speaking with newsmen yesterday, Idahosa, a former Commissioner for Information in Edo state said he welcomed the decision by the governor to investigate the controversial project.

While calling on those involved not to panic if their hands are clean, he said Oshiomhole’s recent letter in which he pledged his loyalty to President Muhammadu Buhari is a sign that the former APC national chairman is jittery and wants protection.

“On the N30b storm water project, t is a very strange development on the side of Adams Oshiomhole and his gang and his minister. As a sitting governor, you have a right to look into any issue that is not clear which Governor Obaseki is doing. I think the people involved in that project should exercise patience and let the governor do what he wants to do”.

“I read the letter of the Minister of State for Budget and National Planning, Clem Agba, who supervised the project as the then Commissioner for Environment and Sustainability in the state. I also read the letter of APC in Edo state. I don’t think there is any need for them to panic”.

“If the governor decides to look into the storm water project, they should allow him do it, at least, they will be represented legally at the panel set up to look into it”.

“They have been claiming that the governor is the chairman of the Economic team. The Edo APC even said he was the consultant. All these are just sign of panic and I don’t see any reason for that if their conscience is clear. N30 billion is a huge sum and we all live in Benin; we know what it means when there is downpour here”.

“So, I’m in total support of the decision by the governor to investigate the project and I believe nobody should panic if their conscience is clear that they have not done anything wrong. I believe everyone involved will be given a fair hearing, so, it is a simple matter”.

“This is not the Oshiomhole I used to know. Oshiomhole has turned himself into a frightened chicken and he behaves like someone who has a skeleton in his cupboard. The problem we have in this country is that people don’t show respect for institutions. Rather, they respect individuals”.

“Since Oshiomhole was disgraced from office as national chairman, he keeps saying ‘I hereby pledge my loyalty to the President’. What has the president got to do with all these things that is happening? Is President Buhari the chairman of APC?”

“We all heard what he said when he did his revalidation exercise just like Bisi Akande and Tinubu? How come Oshiomhole is the only person now denying and claiming that he was misquoted?

” Oshiomhole is just afraid of his shadows. Why is he pledging his loyalty to President Buhari now that they want to probe him on the storm water project? It is a big shame” he said.

Source:- Independent Ng

Lala Akindoju Welcomes Baby Boy (Photos)

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Nollywood actress Lala Akindoju has welcomed a baby boy with her husband Gbubemi Fregene, better known as Chef Fregz, Igbere TV reports.

The 33-year-old shared the great news on Instagram on Sunday.

She said will share her birth story in a book someday.

“If I have ten thousand tongues, it will never be enough to say thank you. Our hearts are filled with joy and thanksgiving because our baby boy is finally here,” she wrote.

Lala also announced her son’s name and the meaning.

She said, “Adeoreofe Toritseju Chukwuebuka Fregene is our constant reminder of God’s grace shown through his strength and might.”

Lala confirmed she was having her first baby with her husband Gbubemi Fregene known as Chef Fregz on February 21.

She shared pregnancy pictures on Instagram.

“Becoming three,” she wrote.

Lala has also been sharing her pregnancy journey with her fans on Instagram.

Lala married Chef Fregz on September 22, 2018

Shaw Claims Referee Attwell Told Maguire That Hudson-Odoi’s Handball Against Man Utd ‘Was A Penalty’

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Referee Stuart Attwell declined to award a spot-kick after viewing the incident on the VAR monitor 

The decision not to award Manchester United a penalty against Chelsea after Callum Hudson-Odoi handled in the area prompted a confused reaction from Red Devils defender Luke Shaw.

Blues star Hudson-Odoi touched the ball with his hand in the area while tussling with Mason Greenwood for possession during the first half. 

After consulting with VAR, however, referee Stuart Attwell determined that the contact was not grounds for a penalty, to the chagrin of the visitors.

What was said? 

Shaw was puzzled by the referee’s behaviour, claiming that a United player was privately told the kick should have been given. 

“If it’s not going to be a penalty, l don’t think they needed to stop the game,” he said to Sky Sports after the game.

“The ref even said to H [Harry Maguire] that if I say it is a pen then it is going to cause a lot of talk afterwards. H got told it was a penalty.

I don’t understand why the game is stopped. It’s confusing with VAR. 

“I’m not going to moan about it because l don’t think either team did enough to win.”

Former United star Gary Neville said earlier on Sky Sports: “There’s no doubt two or three months ago that’s a penalty – and there’s no doubt the referee would have abided by the referral. 

“But the referees are more bold and the handball laws are being changed in front of our eyes as the season goes along.

“I’m in agreement with the referee going to the monitor. But that was the first time I’ve seen players berating the referee when he was watching [the monitor]. Both sets of players were shouting at the referee when he was watching it.

“There’s no doubt earlier in the season that this would have been a penalty. Hudson-Odoi’s panic is the fact that his arm shouldn’t be there.”

What does the handball law state? 

The current regulations around handball deem that any deliberate touch with the hand or arm should be penalised, while accidental contact is also grounds for an infraction if “the hand/arm has made their body unnaturally bigger” or “the hand/arm is above/beyond their shoulder level (unless the player deliberately plays the ball which then touches their hand/arm.”

There are several caveats to the law, however, which, if applicable, mean the player has not committed handball. 

Cases where a handball occurs in contact directly from the player’s own head or body, or those of another player, or if the limb is kept close to the body or used to support the player during a fall without being extended have been deemed non-punishable and should not result in a free kick or, if in the penalty area, penalty being awarded.

source:- goal

Naira Devaluation Increases Nigeria’s Debt Profile ― Alaje

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Last year’s (2020) devaluation of the Naira increased the nation’s total debt profile by about N1 trillion.

Dr Paul Alaje, Senior Economist with SPM Professionals disclosed this at the virtual Annual Forum of Finance Correspondents Association of Nigeria (FICAN) at the weekend.

His words, “Devaluation happened last year from ₦306 official figure to ₦379 according to CBN, now, when you study debt management publication carefully, you will see that because of devaluation, Nigeria has added ₦1 trillion to debt for borrowing nothing

“Looking at the foreign component of Nigeria’s debt and the conversion to Naira, Nigeria devalued and borrowed in dollars that its self will make our debt profile to increase,” he said.

“Interestingly, Nigeria will still service this debt at the same dollar rate it borrowed the money because the rate of servicing has not reduced.”

He noted that while debt has been growing, there has not a corresponding growth in revenue generation and urged the federal government to pay more attention to effective revenue generation, adding, until we are able to do that,  “we can’t continue to compare ourselves with a large economy that have the capacity to generate revenue.”

For Nigeria to generate needed revenue, governments at both state and federal levels he said should plug leakages and think of new ideas of generating revenue other than the traditional ways.

The economist advised the government to moderate commercial borrowings which would always increase in value and usually not forgiven.

“Who will forgive us of euro bonds? These are commercial loans, unlike the one we have with Paris club and some other international organization” he said.

Source:- Vanguard

Kebbi University Closes Indefinitely As Student’s Death Sparks Outrage

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The Management of the Kebbi State University of Science and Technology, (KSUSTA),  Aliero , has announced the  indefinitely closure of the institution over the death of  a 22 -year-old final year Biochemistry student.

Alhaji Musa Labbo, the  Registrar of the University,  announced the closure  in a statement made available to newsmen in Birnin Kebbi, on Sunday.

“This is to inform all students of  the university that the management has directed the closure of the school indefinitely.

“Therefore, all students are hereby directed to leave the university with immediate effect”, the statement said.

Also, Malam Hussaini Adamu-Zuru, the Public Relations Officer of the University, while speaking with newsmen,  confirmed the closure of the institution, saying that students of the University had earlier gone on rampage in Aliero town, when they learnt of the death of their colleague.

He, however, explained that  the school had been closed before the students went on rampage.

The News Agency of Nigeria (NAN)  learnt  that the deceased , identified as Sharif Sale-Kanya, who was about writing his final examination, reportedly bought a  handset in Aliero town, on Saturday and  subsequently made payment  through a transfer.

NAN further learnt that  the deceased, immediately after purchasing the handset went into the examination hall  and switched it off.

It was learnt that a few hours later,  when he switched on the handset, he realised that the money he transferred for the payment of the handset had  been reversed due to network failure.

The deceased was said to have returned to Aliero town to pay for the handset in cash.

“On getting to the place, a mob of youth descended on him, shouting barawo (thief) and he was  beaten into a coma.

“He was  rushed to the General Hospital, Aliero,  but  was confirmed dead shortly after he was admitted,” an eyewitness, who craved anonymity, said.

When contacted, the Police Public Relations Officer, (PPRO), DSP Nafi’u Abubakar,  confirmed the incident, with a promise that the culprits would be brought to justice.

Source:- Vanguard

Don Escapes Death After Failed Kidnap Attempt In Calabar

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A lecturer in the Department of Pharmacology, University of Calabar, UNICAL, Dr Babatunde Lawal Saturday night narrowly escaped death after an attempt to kidnap him from the Staff Quarters failed.

Vanguard gathered that the ugly incident occurred at about 7:30 pm when the Victim was driving home to his quarters inside the University not knowing he was being trailed to his residence at the staff quarters.

Findings showed that the organised and forceful attempt to kidnap Dr Lawal failed because they met with powerful resistance and when they( Kidnappers) realised they made sure the injured him with several gunshots.

Dr Lawal who Spoke with Vanguard Sunday afternoon from his sickbed said that his assailants were armed to the teeth and numbering about eight.

He said: ” I had an assignment that was given to me by my boss and I didn’t want to stay home to avoid distraction because I was asked to turn in the work by today (Sunday).

“On my way home at about 7:00 pm I received a call from my daughter that I should get bread, so I did, it was on my way home, just by the house, I was accosted by some men with a gun, they were all armed.

“The one who ordered me to follow them was with a pistol while others were with rifles, he told me I was under arrest and ordered me at gunpoint to follow them when I realised they were not security personnel, I had to disobey their orders.

“Then they started hitting me, one of them slapped me from behind, they shot in the air to scare people, then shot me on my hand, and leg, then my thigh

“I fell to the ground, losing so much blood, they again ordered me to get up and follow them, but I couldn’t, I was gradually becoming unconscious and “fainted “, that was when they left me thinking I was dead, in fact, one of them came back to confirm if I was truly dead.

” Since I was no longer moving, they left the scene and fled into the bush, I had to crawl and started shouting for help with my last breath, that was when my son, heard my voice and my wife too, he thought I had been beaten by a snake when he heard me screaming.

” That was when they rushed me to the hospital, I thank God I am alive today because it could have only been God, who gave me the courage, if they had succeeded in Kidnapping me, I don’t know what would have happened by now,” he said.

A family source who pleaded anonymity told Vanguard that they taught they had carried him already not knowing that the gunshots they had were on him.

” I thought they succeed in abducting him, but we didn’t know he was shot severally, I had the gunshots from upstairs, but when he screamed in a very faint voice, calling out for help, that was when we realized that he had been injured, so we rushed him to the hospital.

” He lost a lot of blood that night, but we thank God he is responding to medical treatment ,” the source said.

There are insinuations that the foiled kidnap may not be unconnected to the salary arrears paid by the Federal government to lecturer’s since the Academic Staff Union of Universities, ASUU resolved the Imbroglio with the government.

Vanguard learned that a lot of them were paid 3 months arrears and even more and these hoodlums want to cash in on this to disposes them of their hard-earned money by abducting them to get a ransom.

Source:- Vanguard

Zamfara Govt Yet To Confirm Release Of Jangebe Kidnapped Schoolgirls

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Zamfara State Government has declared that it was yet to ascertain the release of the abducted Students of Government Girls Secondary School, Jangebe area of the state.

Recall hundreds of schoolgirls were abducted in the early hours of Friday, February 26, when armed men raided the state-run school..

However, the schoolgirls are said to be released in the early hours of today (Sunday) according to media reports.

Reacting, the State Commissioner of Information and Culture, Suleiman Tunau Anka took to his verified Twitter handle to clear the air on the purported release of the schoolgirls.

He tweeted; “I want to call the attention of good people of Zamfara state, they should disregard any fake news regarding the release of abducted students of GGSS Jangebe by one national daily, it’s not true. But Alhamdulillah, the state government and securities are trying their best.”

Source:- Vanguard

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