Friday, June 10, 2016

Video - Stephen Keshi was respected in Nigerian and African football




Stephen Keshi was a prominent figure not only in Nigerian football but across the continent too.

Video - Nigeria to spend $1.76 bln in capital projects




Nigeria's government will next week pump much of the 1.76 billion dollars earmarked for capital projects into its economy. The spending is part of efforts to stimulate activity after a 0.4 percent contraction in the first quarter of this year. Nigeria is going through its deepest crisis in decades, brought on by the fall in crude prices. Last month Nigeria's central bank governor said a recession appeared to be "imminent". President Muhammadu Buhari signed the delayed 2016 budget into law last month. The record $30.6 billion budget triples capital expenditure compared with the previous year. But with Nigeria's heavy reliance on oil sales, which comprise about 70 percent of national income, it is unclear how this will be achieved.


91.1% of tomato paste in Nigeria are fake

Tomato Pastes manufacturers in the country including Dangote Farms, Erisco Foods Limited and Savanna Farms Thursday told the House of Representatives Joint Committees on Health Care Services and Drugs and Narcotics that over 91.1 percent of tomato pastes in the country were fake and substandard.

This is just as the House has condemned the alleged importation of dangerous killer tomato pastes imported into the country and promised to carry out investigations into the matter. 

Meanwhile, the National Agency for Food and Drug Administration and Control, NAFDAC, has fined the Erisco Foods what it called administrative charge of N1 million for an alleged unauthorised advertisement of Erisco range of products without getting clearance and approval from the agency. 

The Speaker of the House, Yakubu Dogara in his address at the one day investigative public hearing stated that the House should not consider lightly allegations injurious to public health. 

The Speaker who was represented by the Minority Leader, Leo Ogor stated that the public hearing centred primarily on importation of fake substandard and cancer causing tomato paste into the country. He said what was “worrisome is the unpatriotic attitude of some companies and individuals importing fake, substandard and cancer causing tomato paste into the country at the expense of the health and wellbeing of Nigerians.”


Nigeria army 'killed Biafra protesters'

Nigeria's military has killed at least 17 supporters of Biafran independence, according to Amnesty International.

The rights group called on Nigeria's government to investigate the deaths in the south-eastern city of Onitsha last month.

The Nigerian military described the claims as unfounded and misleading.

At least one million people died in the 1967-70 civil war started by Biafran secessionists. Protests have resumed over the past year.

According to Amnesty, some of those who died were members of the Indigenous People of Biafra (Ipob), a group campaigning for Biafran independence.

Some had been shot in the back, an indication that they were fleeing the scene, Amnesty said.

Ipob says Nigeria's government is dominated by northerners and has not done enough to develop the mostly Igbo-speaking south-eastern parts of Nigeria.

MTN agrees to pay Nigeria $1.7 billion fine over three years

MTN Group Ltd. agreed to pay a 330 billion naira ($1.7 billion) fine to the Nigerian government over three years, ending an eight-month negotiation process.

MTN Nigeria also agreed to take immediate steps to ensure the listing of its shares on the Nigerian Stock Exchange, the Johannesburg-based company said in a statement on Friday.

MTN shares rose 10 percent, on track for their biggest gain since 2008, to 136.09 rand as of 12.36 p.m. in Johannesburg.