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SUMMARY OF NNPC FORENSIC AUDITING REPORT

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The report of forensic audit of NNPC was released to the public yesterday in accordance with President Goodluck Jonathan's directive. Here are some major points as revealed by the report.  1. $ 980 million was over charged as subsidies on Petrol and Kerosene between January 2012 and July 2013. 2. $3.38bn was spent on kerosene subsidy for the review period. 3. A total sum of $ 13, 637, 077, 362 from sale of domestic crude was not remitted. 4. The following cannot be substantiated due to lack of supporting documents:   i. $ 0.25 billion claimed as NPA charges   ii. $ 59, 324, 737.01 spent on charter Hire services   iii. $ 6, 658, 588.74 of the $ 17, 767, 683.54 claimed as management fee of MT Tuma and MT Oloibiri.   iv. $ 5, 457, 006.98 of the $ 46, 265, 215.13 claimed as crude transport payment.   v. $ 6, 707, 826.05 on marine through put.   vi. $ 11, 896, 654.71 claimed as repair cost on pipeline vandalism.   vii. Manag...

COURT STOPS DStv FROM INCREASING SUBSCRIPTION FEES!!!

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A Federal High Court in Lagos has ordered Multi Choice Nigeria Limited, operator of the Digital Satellite Television, popularly known as DStv, to hold action on its planned subscription fee increment. Justice C.J. Aneke, who made the interim order last week, held that it would subsist till the determination of a lawsuit contesting the legality of DStv’s newly introduced rates and increase in tariffs payable by all its subscribers in the country. Two legal practitioners in Lagos, Osasuyi Adebayo and Oluyinka Oyeniji, had approached the court challenging what they described as arbitrary increment in DStv subscription rates imposed on its customers. The action, they said, followed an announcement by Multi Choice in March that it was increasing DStv subscription fees by 20 per cent on all viewing plans effective from April 1, 2015. The company had reportedly explained  that the price increase was necessary for it to be able to continue to offer the best in local and inter...

TEXT OF A BRIEF STATEMENT FROM BUHARI AFTER VICTORY

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Buhari Extends Hand Of Fellowship To Jonathan BRIEF PRESS STATEMENT BY GENERAL MUHAMMADU BUHARI,GCFR, PRESIDENT ELECT ON THE PLATFORM OF THE ALL PROGRESSIVES CONGRESS, APC. MARCH 31ST, 2015 At exactly 5:15pm Yesterday evening President Jonathan called to congratulate me on my victory. For this I want all Nigerians to join me in congratulating and appreciating Mr President for his statesmanship. President Jonathan engaged in a spirited campaign and was a worthy opponent. I extend my hand of fellowship to him. I look forward to meeting him soon as we plan the transition from one administration to another. He will receive nothing but understanding, cooperation and respect from me and my team. The good people of Nigeria, answered the call of history. When the account of this fine moment is written, it will be said that it was the people themselves who led this nation to democracy. You stood in line patiently for hours in the sun, rain and then in the dark to cast your ballo...

TEXT OF GEJ's SPEECH AFTER GMB's ELECTION VICTORY

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STATEMENT BY PRESIDENT GOODLUCK EBELE JONATHAN AFTER THE ANNOUNCEMENT OF THE RESULTS OF PRESIDENTIAL ELECTION 2015 Fellow Nigerians, I thank you all for turning out en-masse for the March 28 General Elections. I promised the country free and fair elections. I have kept my word. I have also expanded the space for Nigerians to participate in the democratic process. That is one legacy I will like to see endure. Although some people have expressed mixed feelings about the results announced by the Independent National Electoral Commission (INEC), I urge those who may feel aggrieved to follow due process based on our constitution and our electoral laws, in seeking redress. As I have always affirmed, nobody’s ambition is worth the blood of any Nigerian. The unity, stability and progress of our dear country is more important than anything else. I congratulate all Nigerians for successfully going through the process of the March 28th General Elections with the commendable enthusiasm and com...

TEXT OF OBAMA'S SPEECH TO NIGERIANS AHEAD OF THE 2015 ELECTIONS

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Hello. Today, I want to speak directly to you—the people of Nigeria. Nigeria is a great nation and you can be proud of the progress you’ve made. Together, you won your  independence , emerged from military rule, and strengthened democratic institutions . You’ve strived to overcome division and to turn Nigeria’s diversity into a source of strength. You’ve worked hard to improve the lives of your families and to build the largest economy in Africa. Now you have a historic opportunity to help write the next chapter of Nigeria’s progress—by voting in the upcoming elections. For elections to be credible, they must be free, fair and peaceful. All Nigerians must be able to cast their votes without intimidation or fear. So I call on all leaders and candidates to make it clear to their supporters that violence has no place in democratic elections—and that they will not incite, support or  engage  in any kind of violence—before, during, or after the votes are counted. I c...

101 AMAZING FACTS ABOUT COCONUT OIL

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Uses for Coconut Oil In cooking as a great oil with a high smoke point. Great for baking, stir-frys or as a dairy free replacement to butter. Added to foods  or drinks daily for energy As a  coffee creamer when emulsified into coffee  (The only way I’ll drink coffee) On the skin as a basic lotion (or coconut oil  lotion bar ) In  homemade lotion bars  for soft, smooth skin In  homemade deodorant  or deodorant bars As an eye-makeup remover As a cloth diaper safe  diaper cream  (just rub on baby’s bottom) In making your own Remineralizing Toothpaste To lighten age spots when rubbed directly on the skin To prevent  stretch marks during pregnancy To support  healthy thyroid function In  homemade Mayo  without the high PUFA vegetable oils To help  increase sun tolerance and avoid burning As a naturally SPF 4  sunscreen In  homemade lotion recipes To get rid of cradle cap on baby- jus...

THE SIGNIFICANCE OF ASH WEDNESDAY

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Ash Wednesday, a day of fasting, is the first day of Lent in Western Christianity. It occurs 46 days (40 fasting days, if the 6 Sundays, which are not days of fast, are excluded) before Easter and can fall as early as 4 February or as late as 10 March. Ash Wednesday is observed by many Western Christians, including Catholics, Lutherans, Methodists, Anglicans, and Presbyterians. According to the canonical gospels of Matthew, Mark and Luke, Jesus Christ spent 40 days fasting in the desert, where he endured temptation by Satan. Lent originated as a mirroring of this, fasting 40 days as preparation for Easter. Every Sunday was seen as a commemoration of the Sunday of Christ's resurrection and so as a feast day on which fasting was inappropriate. Accordingly, Christians fasted from Monday to Saturday (6 days) during 6 weeks and from Wednesday to Saturday (4 days) in the preceding week, thus making up the number of 40 days. Ash Wednesday derives its name from the practice of blessi...