Showing posts from April, 2016

How To Engage Breakthrough In Life

Engaging breakthrough in life, can be achieved by perpetual prayer, this post will give you a brief explanation on how you could engage breakthrough as a human being in life.

Reduction Of Board Meetings & Their Allowances Could Save Up To A Billion Naira

The Ministry of Finance have discovered that the average annual expenditure on sitting allowances between 2012 and 2014 was N12.8 billion.
 The Director of Information,  Ministry of Finance,  Salisu Na' inna Dambatta in a statement said that by 2010, part time Chairmen of government Committees ans Boards were paid sitting allowances ranging from N30,000 to N120,000 per sitting from four to eight times per annum.
 The Efficiency Unit recommended that "A maximum of four meetings was considered adequate for Boards while other interactions can be conducted using Information Communication Technology (ICT) which is cheaper and already tested in Nigeria.

LitterGram Begs Facebook Over Name Change As It's Name Sounds Like Facebook's Instagram

Facebook, had earlier told LitterGram (A UK-based application that lets people take photos of litter in public places and add a location tag to it) to change it's name saying that it infringes upon the name of it photo-sharing service Instagram.
 LitterGram was given till April 28 to respond, before the founder of the app Danny Lucas responded  to Facebook, by posting a personal plea to Mark Zuckerberg in a video format.
  He pleaded that Facebook's demand to change the name of "LitterGram" would kill its momentum and put it back to square one.
 Although Facebook has not responded to the plea. LitterGram is an app that also share photos, but those of litters, that could alert local authority officials.

Fuel Tanker In Osun State Catches Fire

It was on Friday morning in Osun state that a tanker trying to discharge petrol into the underground tank at a filling station, was reported to have caught fire.
 According to Source; The tank caught fire while it was trying to discharge fuel into the filling station's underground tank, although no life was lost but shops that were close to the filling station were automatically destroyed.

Lagos City Mall, Onikan In Partnership With Airtel Nigeria To Provide Free Wi-Fi Services

Lagos City Mall, Onikan in Lagos Island one of the popular malls in Lagos state has made a deal with Airtel Nigeria to provide free Wi-Fi services to the mall.
 Mr. Emmanuel Efuntayo the CEO of the mall disclosed this, saying that it's free Wi-Fi service was to reward loyal visitors of the mall also to improve customer satisfaction

Why Jesus Is Calling

Jesus has affection for mankind that was why he laid his life for us, so that we could be free from sin.
 So what is left now for us to do is to accept the fact that he died for us on the cross of Calvary.

SON Confiscates Fake Eletric Cables In Plateau State

The Standards Organisation of Nigeria (SON), an organisation set to investigate the quality of facilities the quality of facilities, materials and products in Nigeria has seized fake and substandard electric cables worth millions of Naira in Jos, Plateau state.  Plateau state Head of SON, Musa George explained that the raid on the electrical shops selling fake and substandard cables to unsuspecting members of the public is to ensure that only goods that meet the requirements of the relevant Nigerian Industrial standards are sold in the market.  meanwhile, the nine shops selling the fake electrical products, were also sealed.

Sterling Bank Presents N 2.8 Billion Profit In First Quarter of 2016

Sterling Bank, one of Nigeria's known commercial bank has posted a profit before tax profit of 2.8 billion Naira for the first quarter profit of 2016 (January-March 31st).  This was contained in their unaudited result that was released to the Nigerian Stock Exchange (NSE) on Thursday.

FG Plans To Set Up New Shipping Line

The Minister of Transport, Rotimi Amaechi while speaking at a Maritime Technical Summit in Lagos, stated that a meeting would be held with experts in the maritime industry and with ship owners, in order to make decision on how the national carrier would be established.

CRS Launches First Monorail In Sub Sahara Africa

Cross River state, making another remarkable achievement has launched the first ultra-modern monorail in Sub-Sahara Africa, the rail took of from Tinapa Business Resort, Calabar to the Calabar International Convention Centre (CICC) at Summit Hills and again back to Tinapa.

 Cross River state first introduced the first cable car in Nigeria which is the longest in Africa and also the first to launch a canopy walk way in Nigeria during Donald Duke's administration as a governor.
 Taking the maiden ride was the Governor of Cross River state, Prof Ben Ayade, the Managing Director of Assets Management Company of Nigeria (AMCON), Mr. Ahmed Kuru and other officials were present.
 According to them; the monorail was designed as a means of transportation for tourists between the Tinapa Business and Leisure Resort and the multi purpose Calabar International Convention Centre.
 The MD of AMCON, Mr. Kuru expressed happiness, saying that the monorail "gives you the opportunity to see one…

How DPR Caught NNPC Truck Trying To Divert Fuel To Cameroon

It's no longer news that fuel scarcity has being lingering for  a while, then a Nigerian National Petroleum Corporation (NNPC) truck from Akampa Local Government Area of Cross River state that was supposed to take petrol to Calabar, Cross River state capital where it would be discharged for sale attempted to divert it to Cameroon.
 Fortunately, the Department of Petroleum Resource intercepted the truck during a surveillance exercise on Thursday.
 Mr. Bassey Nkanya, the Operational Controller of DPR for Akwa Ibom and Cross River stat, explained that the truck carrying the product was already  heading to Bakassi Local Government Area from where it would enter Cameroon through Ikang border before the DPR personnel intervened by intercepting the truck.
 The DPR sealed the the NNPC station in Akampa and the truck was directed to NNPC mega station in Calabar, where the product would be discharged.
 Mr. Bassey said the DR would continue to make efforts to curb the fuel scarcity and ens…

FG Declares Monday As Public Holiday

The Federal Government of Nigeria has declared that Monday, May 2nd would be public holiday, marking the 2016 Workers Day Celebration.
 Thee Minister of Interior, Abdulrahman Dambazau declared this in a statement signed by the Permanent Secretary of the Ministry, Mr. Bassey Akpanyung in Abuja. Dambazau wished all workers in Nigeria a joyful and peaceful worker's day celebration.

Computer Virus Attacks German Nuclear Plant

Power firm RWE has detected computer viruses on Germany's nuclear power plant, although the infections posed no threat to the plant. They said it didn't because it's control systems were not linked to the internet, so the viruses could not activate.
 Some staffs found the viruses as they were preparing to upgrade the computerised control systems for the plant's Block B. The viruses were found on the fuel rod modelling system and on 18 USB sticks which were used as removable data stores on office campus.

Universities Engages In Hacking Competition

In a bid for students to learn how to defend security in the cyberspace, Dr Stajano who is a reader in Security and Privacy at Computer Laboratory, Cambridge University organised a hacking contest called the "Inter-ACE Cyberchallenge.  Dr Stajano explained that it's a tournament of hacking fought this year between 10 of United Kingdom's  13 Academic centres of Excellence in Cyber Security Research.  He explained that the hacking competition was more of of sports, were challengers have to perform the same type of attacks the black-hacker (A black-hacker is a person that hacks for profit in a mysterious way)  does on enterprise computers.

LASG Says 24000 Vehicles In Lagos State Are Not Road Worthy

The Commissioner for Transportation, Lagos State Dr Ekundayo Mobereola has stated that, out of the 1.2 million operational vehicles in Lagos State, 24,000 are not road worthy. He stated this at a conference in Lagos State Secretariat, Alausa while marking the 2016 bi-annual safety week.
 He said "Safety is not just a government thing. rather, it is for all citizens. When you maintain a vehicle, you are guaranteeing a life. There are no economic arguments for allowing rickety vehicles, just simply because we cannot place premium on any life."
 He said that, along with South Africa, Nigeria has the highest number of fatality rates in Africa.

Facebook's Quarterly revenue Boosts By Over 50 percent !!!

Facebook, the popular social media platform has had an increase in it's quarterly revenue that rose by more than 50 percent.
 Facebook's mobile application and also it's live video features could have being the purpose of it's development in revenue. As advertisers would be interested to spend more on advertising on their platform.
 According to Reuters; the company's shares rose by 9.5 percent in after-hours trading on Wednesday to $118.39 setting it on track to open at a  new high by today Thursday, at nearly tripple it's initial public offering as at 4 years ago.
 They also announced that a new class of non-voting shares would b created in a move aimed at letting Mark Zuckerberg, the CEO of Facebook to giveaway his wealth without losing control of the Social media platform he created.

Volvo to Test Driverless Cars In London

According to them, the cars would be tested soon in London by the year 2018. The automobile firm said the testing of the driverless cars would expand in 2018 from a few up to 100 cars, which would be the largest of it's kind in the United Kingdom.
 Meanwhile; car experts are saying that the earlier autonomous (driverless) cars are on the roads, the safer the roads would be. They said autonomous driving could reduce car accidents caused by driver error by 30 percent.

Greenhouse Tech Concept Could fill The 1.4 Million Tonne Gap of Tomato Production In Nigeria- says Walumbe

Mr. Oscar Walumbe the Integrated Project Manager Sustainable Livelihoods, Dizengoff Nigeria has said that Nigeria's consumption rate of tomatoes, reaches over 2.3 million tonnes but produces about 1.8 million tonnes locally.
 Mr. Oscar said Greenhouse Technology Concept could fill the 1.4 million tonnes gap that was used to be filled with importation of foreign tomatoes. He said the Dizengoff Farmers Kit (DFK) is a technology which was specifically developed to enable farmers produce high quality fresh tomatoes all year round in any part of Nigeria.

Solid Mineral Minister Explains How Nigeria Spends Billions Importing Steel Annually

The Minister of Solid Mineral Development, Mr. Kayode Fayemi while speaking at the foundation laying ceremony of the ultra modern Steel Melt Shop in Kwara state, he explained how Nigeria spends about 887 billion Naira to import steel.
 He said the country imported basic metals made up of  processed steel, aluminium products and associated derivatives consumed in the country. He aid Nigeria imported about 25 million tonnes of steel every year.  The Minister said the Federal Government was doing everything to turn on all the keys and push all the buttons to ensure that the steel sector was brought back to its rightful place in national development.

Access Bank Shareholders Approves 100 billion Naira Capital

During the 27th (Annual General Meeting) of shareholders of Access Bank on Wednesday, the authorization of additional raising of 100 billion Naira through capital market was made for their investment and development.
 They said after the requisite approvals of the regulatory authorities, a date for the exercise would be determined by the board of directors.

SON Would Begin Enforcement On The Use Of Energy Saving Appliances- Says Official

The Standards Organisation of Nigeria (SON) has stated it's plan to begin the enforcement on the use of  energy savings appliances in Nigeria, in order to conserve the nation's resources.
 Mr. Richard Adewunmi, the Head, Electrical and Engineering Department of the Agency stated this during a technical committee meeting on standards and labels (MEPS) held under the Nigerian Energy Support Programme (NESP) for air conditioners in Nigeria.
 he said the meeting would prepare minimum energy consumption standards for electronic appliances.

SpaceX Plans To Visit Mars In 2018

SpaceX, an American aerospace manufacturing and space transport services company headquartered in California, USA on Wednesday announced that it will be sending a spacecraft to Mars by 2018.
 The company said that probably, multiple Dragon Spacecraft would be sent to Mars in just two years (2018). With this, they would be the first private company to visit Mars.

World Bank Officials Meets With Buhari In Abuja

The MD/Chief Operating Officer of the World Bank, Ms. Sri Mulyani Indrawani  with other delegates visited Nigeria, discussing about challenges facing Nigeria's economy and talked about how the world bank would help diversify Nigeria's economy.
 Ms. Indrawani said "This is a good opportunity for us to discuss with the government to understand the challenges the Nigerian economy is facing, just like many other countries in the world which is now facing weak global economy, low commodity price in goods and oil price, challenge of climate change  and insecurity."
 With their visit, the World Bank may be able to understand what Nigeria's economy is passing through. Ms. Indrawani and her other accomplice spoke intensively with President Buhari about Nigeria's economy.

Man Arrested For Committing Online Car Deal Fraud

A man who was identified as Abiola Akinlonu, according to PM News; was arraigned before Lagos state magistrate's court for pretending to sell two cars through the internet and collecting 5 million Naira from the victim identified as Ikenna Ezeoka.
 Abiola, is a businessman who sells cars to people online, he told the victim that a Ford Explorer and Range Rover SUV would be sold at 5 million Naira, and after the victim forwarded the money, Mr. Abiola failed to produce the cars he promised.
 Mr. Abiola was arrested by operatives of the Police Special Fraud Unit, PSFU, Milverton Street Ikoyi, Lagos and after investigations by inspector Ogar and co., Abiola was arraigned before an Igbosere magistrate on a three-count charge of felony to wit, stealing.
 Inspector Adoga Amedu, the Police prosecutor informed the court that Abiola committed the offence in 2013 at 17, Abbi Street Mande, Maryland, Lagos. Although Mr. Abiola Akinlonu the accused, denied the allegations in court.
 Chief Mag…

FG Needs 2 Trillion Naira to Complete Ongoing Road Projects-Says Fashola

Mr. Babatunde Fashola, the Minister of Works, Power and Housing has stated that the Federal Government of Nigeria, would require about  2 trillion Naira to complete the 226 ongoing road projects in the country.
 He stated this in Lagos, at a Town Hall meeting, he said 500 billion was allocated to his ministry for the 2016 budget, stressing that the government did not have enough resources to complete all the projects at present.
 On electricity metering, Mr. Fashola said that his ministry was engaging the distribution companies to ensure that meters would be distributed to households.
 Discussing about housing, he said government was designing a housing model for the country that would not only take care of affordability problem but also consider cultural sustainability in every part of Nigeria.

CRUTECH To Hold 14th Matriculation Ceremony on Wednesday

The Cross River University of Technology, CRUTECH, Calabar is holding it's 14th matriculation ceremony for fresh students (100 level/Direct Entry) on Wednesday, 27th of April 2016.
 CRUTECH is a Cross River state owned university located in Cross River, Nigeria. The matriculation event kicks off by 9:00 am prompt.

How PSC Intends To Select 10,000 Police Recruits Out Of Close to 800000 Applicants-Official

The Head, Press and Public Relations of the Police Service Commission (PSC), Ikechukwu Ani on Tuesday in Abuja said that the commission had received 796,152 applications for enlistment into the Nigerian Police Force (NPF).  Speaking to NAN, Mr. Ani said that the commission doesn't anticipate any crowd of such, as successful applicants would be invited batch by batch after collation of the names. He said successful applicants would be communicated through e-mail.  Mr. Ani said there would be no room for compromise as selection and collation would be done electronically.  The Police Commission in a statement; said that it will recruit 500 Cadet ASPs, 500 Cadet Inspectors, 1,500 Specialist Officers and 7,500 Constable in the recruitment of 10,000 policemen.

Nigeria's Enyeama Conquers De Gea, Peter Cech to Rank World 6th Best Goalkeeper

According to the Swiss based CIES Football Observatory, the former Nigerian goalkeeper Vincent Enyeama has emerged as one of the top 10 goalkeepers in Europe for 2015/2016 season.
 The criteria used for the ranking according to them included, the number of goals conceded per match, number of minutes per goal, number of passes per match, number of saves per goal conceded and the percentage that the goalkeeper saves.
 In the ranking of the top ten, Manuel Neur of Bayern Munich was first, Jan Oblak of Atletico Madrid was second, Gianluigi Buffon of Juventus was third, Kevin Trapp of PSG was fourth, Claudio Bravo of Barcelona came fifth.
 Then behind Vincent Enyeama was Hugo Lloris of Tottenham, Alphonse Areola of Villa Real, Keylar Naves of Real Madrid and 10th was Pepe Reina of Napoli.
 Presently Vincent Enyeama has left the National team after having issues with Sunday Oliseh. He is the goalkeeper for Lille OSC and was nominated by the Profession Union of French Players (UNFB) for th…

Germany Installs Traffic Light For "Gadget" Distracted Pedestrians

After a case of a 15 year old girl who was fatally hit by a rail vehicle (tram), when she walked towards the tracks while she was glued to her smartphone (gadget) and also putting on headset (gadget), the German researchers thought of this pedestrian traffic light stuff.  According to source; the lights that were installed looked similar to cat's eye markers, but this particular one that was used were flat on the ground and flashes red when a rail vehicle is approaching.  it's common to see people on the streets glued to their smartphone and their minds would not be on the road they are moving on.  The traffic light installed in the Southern German city of Augsburg, would be of help to its citizens and it would be a means to reduce accidents on roads that are caused by people texting or just staring at their phones while crossing roads.

Minister Of Foreign Affairs, Explains Why Buhari Travels Often

Mr. Geoffrey Onyeama, the Minister of Foreign Affairs on Monday, while briefing the public on the activities of government has stated that President Buhari's often trips to foreign countries were for the country's development.
 According to NAN; He stated this in Lagos at a town hall meeting, while speaking he said the President's trip were already yielding results for the progress of the country.
 The Minister said "When the President assumed office, the problem that was timed was how to get the confidence of neighboring countries to support the war on terror."
  "So, what the President did was to travel to Chad, Cameroun and other neighboring countries to seek a joint coalition, and now we can all see the results the country is recording against Boko Haram."
 He also added that; some of President Buhari's trip were by invitation and that the President's recent trip to China was to attract the much needed investments in agriculture, solid min…

How Bangladesh Bank Hackers Targeted Swift's Software

Earlier on, in February investigations were made that discovered the theft of $81 million from the Bangladesh Central Bank. Swift is an acronym for the Society for Worldwide Interbank Financial  Telecommunication which provides network that enables financial institutions to send and receive information about financial transactions in a secure environment. According to them, it is used by about 11,000 banks and financial institutions.
 A report by Reuters stated that: BAE says it believes part of the hack involved gaining access to the Bangladesh Central Bank's Swift payment system.
 BAE said "This malware appears to be just part of a wider attack toolkit and would have been used to cover the attackers tracks as they sent forged payment instructions to make the transfers."
 With this kind of approach, Swift's Alliance Access software would be a target.
 Reacting to this; Swift said in a statement "This malware has no impact on Swift's network or core messag…

Hacker Discovers Vulnerability in Facebook's Server

In hacking, there's known to be white-hackers and black-hackers. But here it seems Facebook has just got a white-hacker named Orange Tsai.
 Orange said he discovered a vulnerability (loophole) in Facebook's server, which would be possible for a backdoor to be opened for staff usernames and passwords to be extracted and believed that someone had already accessed the information.
 Orange Tsai discovered this vulnerability in February and told Facebook's Security Team about it. According to source, He was rewarded with $10,000 for his efforts and Facebook has already resolved the issue (closed the loophole).
 According to Irish Independent; Facebook's Reginaldo Silva (a Security Engineer) revealed that the backdoor was added by another bounty hunting security researcher.
 Engineer Silva said " Neither of them were able to compromise other parts of our infrastructure,  so the way we see it, it's like a double win: two competent researchers assessed the system, on…

Over 3 Billion Are At Risk Of malaria Globally- Says WHO

The World Health Organisation(WHO) in a report entitled "Eliminating Malaria" which was released on Monday, has stated that their are about 3.2 billion people globally, that were at risk to the disease Malaria. This was stated while marking the World Malaria Day which is observed every 25th of April.
 The statement issued by WHO, explained that in 2015 alone, 214 million new cases of the disease were reported in 95 countries and no fewer than 400,000 people died of Malaria.
 It added that the "Global Technical strategy for Malaria 2016-2030" approved by the World Health Assembly in 2015, calls for the elimination of local transmission of Malaria in at least ten countries by 2020.
 They added that, in order to further progress against malaria, new technology tools would be needed. They said "Since the year 2000, it showed that Malaria mortality rates have declined by 60 percent globally."
 It said that governments must strengthen surveillance of cases to …

CBN States That 4.9 Billion Naira Loan Has Being Given To Farmers In Nigeria

The Central bank of Nigeria has stated on Sunday, that a total of N 4.9 Billion has been granted to rice farmers as loan, under its anchor borrower program.
 Mr. Godwin Emefiele, the CBN Governor stated this while speaking during a tour of cultivated farmlands in Kebbi state, that were beneficiaries of the intervention program.
 According to CBN, the Anchor Borrowers Programme was designed to create economic linkages between farmers and processors, not just only to ensure increased agricultural output of rice and wheat, but also to close the gap between production & consumption.

 Mr. Emefiele said "The total of 78,581 farmers were mobilized in Kebbi state under the Anchor Borrowers programme. The farmers are already looking forward to a total of one million metric tons of rice this year".
 Meanwhile the Minister of Agriculture, Chief Audu Ogbeh while commending the CBN for their support in the agricultural sector said that, with Kebbi state alone targeting 1 billion me…

Huawei To Empower 1,000 Nigerian Youths-says Official

Huawei, a Chinese ICT firm has partnered with the government of Nigeria to provide a social development program that would empower 1,000 youths in ICT.
 The Special Assistant to the President on Youths and Student Affairs, Nasir Adhana, disclosed this on Sunday in Lagos, saying that it was part of government's efforts to address the issue of unemployment in Nigeria.
 he said the initiative is to commence at a date to be announced soon. He said the beneficiary participants would be selected and screened from all geopolitical zones of the country.
 he added that "Out of the 1,000 youths that would be trained by Huawei Africa, 200 would be sent to China for more training on ICT".
 Mr Nasir stressed that many programs exist to get local youths engaged in the country.

Unilever Hits Close to 17 Billion As Turnover For First Quarter of 2016

Reports has shown that Unilever Nigeria Plc has recorded a turnover of N 16.78 billion for the first quarter of 2016, which represents a 12.5 percent increase over the last quarter of 2015  which N 14.9 billion.
 The company while assuring stakeholders of continued focus on key business drivers to ensure sustained growth in its operations to improve returns on investments, they sad "Although the challenges in the operating environment are yet to cease, we have continued to see momentum behind recent initiatives taken by the management.
 "We will continue to to focus on driving cost efficient growing market share across key categories and re-investing behind our brands."

Former NAN Boss Dies Of Cancer

Dr Nwabu Mgbemena, a one-time Director of the News Agency Of Nigeria (NAN) has died at age 71, reports say that he died of cancer on April 22 in New Jersey, in the United States. This was disclosed by Chief Tony Idigo, his close friend.
 According to NAN, Dr Mgebemena was one of the pioneer editors of NAN, saying that he served as the Managing Director for two terms, starting from January 1985 to January 1994.
 Mgbemena was one of the original nine editors employed at the take-off of NAN, the nine editors includded Olufemi Adefala, Nwabu Mgbemena, Sani Sambo, Wada Maida, Dave Igiewe, Godwin Omole, Toye Olofintuyi, Willie Bozimo and Chukwura Ezebube.
 Many members of staff of NAN expressed shock on hearing about the death of Mgbemena. Some of the staff of NAN made a statement describing Dr Mgbemena as a Journalist and journalism teacher, and a person who used what his experience to consolidate the achievements of the first management of the News Agency of Nigeria.
 Late Mgbemena'…

DPR Seals Two NNPC Petrol Stations In Niger State

Engineer Abdullahi Jankara, the Controller of the Department of Petroleum Resources (DPR) with his team has sealed two NNPC affiliated petrol stations in Minna, Niger's state capital.The two stations sealed includes NNPC Shango, located in Minna/Suleja Road and NNPC Maitumbi along Minna/Gwada road.
 NNPC Shango was closed, for using one out of eighteen pumps in the station to sell to customers, Engineer Jankara described it as an act to hoard the petrol product.
 The station said their pumps where not functioning but the DPR said that the station would remain sealed until at least 6 pumps were functional, he gave them 48 hours to repair it or face the  penalty of giving it free to buyers and also paying fine.
 The Niger state DPR boss, Engineer Jankara also explained that the NNPC at Maitumbi was sealed due to the fact that they sold their product above the official price of 86.50 Naira, he said the station would remain sealed until the management of the station pays the sum   o…

Fire Outbreak Destroys Customs Warehouse In Lagos, Losing Goods Worth Millions

LASEMA, the Lagos State Emergency management Agency, stated that it received a report of fire outbreak on Saturday at Customs Training School, Ikeja Lagos.
 Although the cause of the fire has not being known, LASEMA Spokesman Adebayo Kehinde told newsmen that no one lost his/her life and their are no cases of sustained injuries at the fire scene. But properties worth millions of Naira were lost (Seized goods that were inside the warehouse).
 Adebayo said "The training classes were completely burnt, while the main training complex of about 10 classes were savaged."
 "Operatives of the Agency, Lagos State Fire Service from Ikeja, Ilupeju and Alausa with Nigerian Police were on ground. Recovery operation is still ongoing"
 The Spokesman Adebayo also added that, the General Manager LASEMA, Mr. Micheal Akindele has assured that proper investigation would be conducted to find out the cause of the fire outbreak.

We Are Not Selling Our Refineries

Dr. Ibe Kachikwu, the Minister of State for Petroleum Resources has stated that the Federal Government has no plan of selling it's refineries, he stated this during an official visit to the Port Harcourt refinery in Alesa Eleme in Rivers state.
 The Minister said "We are not inviting foreign partners to take over the refineries, we do not have the funds."
 "Even now that they (the refineries) are working, they are probably working at about 60 percent or below capacity and we need to upgrade these refineries, get them to a level where they are doing at least 90 percent performances and it requires money".
  He said the total amount for the investment process was in excess of $700 million and that the Federal Government do not have that much. Dr. Kachikwu said that foreign partners were invited so as to get technical support to upgrade Nigeria's capacity to achieve consumer quota and also start exporting.

Federal, State and Local Governments Shared 299.7 Billion in March- Says FG

According to a statement by the Permanent Secretary of the Federal Ministry of Finance, Mahmud Dutse at the Federation Account Allocation Committee (FAAC) meeting in Abuja, he said a total of N 299.7 billion was shared among the federal government, states and also local governments for the month of March.
 This indicates that the revenue for March was less than that of February because February's allocation was N 338.765 billion. Mr. Dutse said the fall in revenue was due to shut-in and shut-down of oil production for repairs and maintenance which continued during the period.

Imo state Governor Urges Youth To support Buhari's War Against Corruption

Rochas Okorocha, the Imo state governor called on youths to support President Buhari's anti-corruption war, he stated this during the inauguration of Imo state chapter of the Youths Assembly of Nigeria (YAN) in Owerri, Imo state capital.
 The Governor said this, through his Chief of Staff, Mr. Uche Nwosu. He said that the President's anti-corruption war was a positive move and also a step in the right direction to recapture Nigeria from the hands of those who were truncating the future of the youth.
 The governor called for patience and perseverance even as the country was facing economic challenges, he expressed hope that Nigeria would become better.

MTN Loses Subscriber Base Of 1.4% In First Quarter Of The Year

As MTN the telecoms company based in South Africa, disconnected millions of subscribers in Nigeria after the Nigerian government ordered that proper registration procedure be talen by subscribers,  their general subscriber base decreased by 1.4%, in across 22 countries.
 According to Bloomberg; The Executive Chairman, Phuthume Nhleko in a statement said "In order to mitigate any future regulatory challenges, the group took an exceptionally conservative stance by disconnecting all subscribers who could possibly be deemed to be non-compliant".
 "This has had a significant unfavorable impact on total subscriber growth and revenue" in the first quarter of 2016.
 Mr. Nhleko(one-time boss of MTN) returned to MTN in November, 2015 to handle the company as the CEO Mr. Sifiso Dabengwa resigned.
 About 4.5 million subscribers were disconnected from MTN in Nigeria,  which was a 6.9 percent decrease in Nigeria while in South Africa, there was a 1.7 percent decrease.

How Meekness Could Be Your Gateway To Financial Dominion

Meekness is a term used to describe a person who is instructable and in this context, it means a person who can look up to his master for something great.

FBI Payed Over A Million Dollar To Hack Into The San Bernardinho Killer's iPhone

James Comey, the FBI director stated that the FBI paid at least $1.3 Million to get into the San Bernardinho killer's iPhone.
 Although he didn't say the precise figure for how much they paid for getting into the iPhone, but it was a projection of his salary for the next 7 years of his tenure, He stated this while speaking at the Aspen Security Forum in London (According to Wall street Journal).
 James Comey said "It was worth it". The calculation was based on a projection of Mr. Comey's annual salary which as at January 2015 was $183,300. Projecting it towards the next 7 years would be something around $1.3 million.

 Although FBI didn't name the "security firm" or set of "hackers" that they payed to help them unlock the four-digit identification number that would have triggered a security feature that would have erased all data if tried 10 wrong times.

 The fear of all these is that; the same method could also be used on other 5c iPhone…