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Nigeria moves to boost power generation, signs $1.3B contract for 700MW Zungeru Hydro-Electric Project

Nigeria on Saturday took a giant leap towards easing the country’s power woes by signing the contract for one of the country’s legacy power projects, the Zungeru Hydro-Electric Power Project. Contract for the project, which will add 700 megawatts to the National Grid upon completion, was signed on behalf of the Nigerian Government by the Coordinating Minister for the Economy and Minister of Finance Dr Ngozi Okonjo-Iweala, while the Chinese Ambassador, Mr Deng Boqing, signed on behalf of his country. Ambassador Godknows Igali, Permanent Secretary of the Power Ministry represented the Minister, Professor Chinedu Nebo.

South-East-South-South-Govs

Again Okorocha, Amaechi, Oshiomhole shun S’East, S’South govs’ meeting

For the second time in three months, governors of Imo, Rivers and Edo states, Rochas Okorocha, Rotimi Amaechi and Adams Oshiomhole, respectively, stayed away from the meeting of South-East and South-South governors without sending any representative.The meeting, which was held at the Enugu Government House, saw governors Liyel Imoke (Cross River), Emmanuel Uduaghan (Delta), Theodore Orji (Abia), Sullivan Chime (Enugu), Martin Elechi (Ebonyi), Peter Obi (Anambra), Godswill Akpabio (Akwa Ibom) in attendance, while Seraike Dickson of Bayelsa Statesent his deputy, Rear Admiral John Jonah.According to Imoke, they were in Enugu to see how they would continue to strengthen economic ties amongst their states, as well as continue to pursue the development of their zones.

President-Goodluck-Jonathan

I didn’t sign single term agreement, says President

President Goodluck Jonathan yesterday denied signing an agreement with governors elected on the platform of the Peoples Democratic Party (PDP) to spend one term in office. He challenged those who have the pact to produce the document. The President spoke last night during a Presidential media chat – his fifth since his election in 2011- aired on national television. Jonathan also spoke on various topics in the two-hour live programme in which he fielded questions from five journalists in the studio. He also took questions sent by some Nigerians.

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Boko Haram can’t frustrate Nigeria, says Jonathan

President Goodluck Jonathan has said the Islamic sect, Boko Haram, cannot frustrate Nigeria. Speaking at the 53rd Independence Anniversary Interdenominational Church Service in Abuja, he condemned the killing of 21 Agriculture students in Yobe State yesterday. According to him, the challenges Nigeria is going through are transient and the country will soon get over them. He said the country has got to the turning point where it will join other developed nations as it is perfecting the starting point of conducting free and fair elections.

oil-new

Reps declare N320bn missing from crude oil remittance

Chairman, House of Representatives Committee on Finance, Hon Abdulmumuin Jibrin, last weekend declared N320billion missing from the remittance by the Nigeria Nationl Petroleum Corporation (NNPC). He said that the sum of N1.516 trillion was paid in by NNPC into the Federal Government treasury. Jibrin noted that what Nigerians want is total remittance of revenue generated from oil sales and not crude oil sales figures declared recently by the Ministry of Petroleum Resources. He said: “It should be noted that this is after taking into consideration, payments for Joint venture cash calls (i.e. cost of production) and petrol subsidy payments. However, only N1.516 trillion has been remitted to the Federal Government coffers by the NNPC showing a shortfall of N320.654 billion for the period”, the lawmaker noted.

Yobe-Attack

Boko Haram shoot dead 40 students in night attack

No fewer than 40 students were shot dead yesterday by men believed to be Boko Haram terrorists in an attack on a school hostel in Yobe State. The students of College of Agriculture, Gujba, 40 kilometres from Damaturu the state capital, were asleep when the agents of death stole into their hostel. It was one of the most horrific attacks ever carried out on defenceless people by the insurgents. The gunmen also set the school buildings on fire as they retreated after the attack.

Catherine-Ashton

Attack horrific, says Europen Union

There was huge outcry yesterday against the perpetrators of the attack on Yobe College of Agriculture, with the Europen Union (EU) describing it as “horrific”. It promised to support the Nigerian governmemt to combat the deadly Boko Haram sect. The spokesperson of the High Representative of the Union for Foreign Affairs and Security Policy and Vice President of the European Commission, Catherine Ashton, said in a statement: “The High Representative condemns the horrific terrorist attack perpetrated today in Yobe State and those that took place on

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Nigerians have failed Nigeria – Obi

Mr. Peter Obi has charged Nigerians to seek divine intervention to tackle the various challenges confronting the country. Speaking at an inter-denominational church service to mark the 53rd Independence anniversary of the country at Women Development Centre, Awka, Governor Obi regretted that Nigerians have failed the country in the way they attend to issues concerning their country. According to him, in spite the huge resources that abound in the country, majority of Nigerians were still living in abject poverty, while the privileged few have been exploiting and amassing wealth.

Jeremiah Useni

Why we killed the Igboman General Aguiyi Ironsi and installed a Northerner Gowon according to Lt. Gen. Useni

Rtd Lt General Jeremiah Useni, Chairman, ACF Board of Trustees Translated By Sani Tukur-PREMIUM TIMES Lt. General Jeremiah Useni needs no introduction. The prominent role he played during the reign of late Head of State, Sani Abacha, as Minister of the Federal Capital Territory, Abuja, is well known. However, there are two things about Jeremiah Useni, who was referred to as ‘Jerry Boy’ at the time. He was indeed a Boy, because he joined the Army at the age of 14. Firstly, he was one of the soldiers