The Socio-Economic Rights and Accountability Project (SERAP) issued a press release warning the Minister of Power, Babatunde Fashola, that the proposed 45 percent increase in the electricity tariff violate a 2013 ruling by United Nations (UN) Special Rapporteurs. The SERAP press release in its entirety can be found below. Socio-Economic …
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Obasanjo says Private sector key to economy’s development, commissions BATN headquarters
Nigeria’s former President, Chief Olusegun Obasanjo has said private sector participation is key to the economic development of Nigeria despite the ongoing economic challenges facing the country.Obasanjo said the growth of the economy is highly dependent on the private sector and for there to be proliferation of local industries that …
Read More »Linda Ikeji’s Banana Island Mansion for sale? (Pictures)
Linda Ikeji, the ‘controversial’ Nigerian blogger recently bought a house in High brow Banana Island, in Ikoyi, Lagos state that sets her apartby over N500 Million. Reports have surfaced that the property in Banana Island that popular blogger, Linda Ikeji has been ‘flaunting’ as hers, is still being listed as ‘available …
Read More »Ondo seals MTN’s masts for alleged N458m tax evasion
The Chairman of the Ondo State Board of Internally Generated Revenue, Mr. Akin Akinsehinwa, has said the state government has sealed some mast sites belonging to telecommunication company, MTN, because of alleged N458 million tax evasion. Akinsehinwa, who addressed reporters at the weekend in Akure, the state capital, said despite …
Read More »Drug Lord ‘El Chapo’ Guzman Escapes Mexican Prison Once Again
Early this morning, drug kingpin Joaquin ‘El Chapo’ Guzmán, head of the Sinaloa Cartel, escaped from the Altiplano maximum security prison once again. It is unclear at this point what exactly happened, but these are the details ABC News has received from Mexican officials so far:2:35 AM: Guzmán was taken in …
Read More »Billionaire loses $6bn in one day to make him the 5th Richest man in the World (See Full List)
Amazon founder, Jeff Bezos lost $6 billion in one day after his company’s share price fell 11 percent. Well this didn’t make him broke, it only made him Fifth richest man in the world with $49.2 billion even though he slipped from fourth place to fifth on Forbes’s rich list. …
Read More »Lagos fuel tanker fire leaves more than 30 homeless,as residents,business owners count losses
For years, Patrick Mbeh lived in fear of a fire disaster. His house, number 122, Lawanson Road in Lagos, is located beside a filling station. In the evening of Thursday, January 29, 2016, Mike’s fears were confirmed when the MRS filling station along the popular Lawanson road went up in …
Read More »2 on danger list,as MRS filling station got burnt (Pix and video)
A fuel attendant at MRS filling station on Lawanson road, Surulere and a resident of the area are battling for their lives as a Petrol Tanker caught fire while it was about to discharge fuel to the station. While the yet to be identified fuel attendant was said to have …
Read More »Tompolo makes u-turn, ready to face EFCC
FORMER General Officer Commanding, GOC, Movement for the Emancipation of the Niger-Delta, MEND, Government Ekpumupolo, alias Tompolo, made a volte face, Thursday, saying he would appear before the Federal High Court sitting in Lagos, which issued a bench warrant for his arrest, January 14, but “at the appropriate time.” The …
Read More »Make N900k Weekly by Just Smoking Weed
In what some persons might said to be bizarre,the United States,National Research Center (NRC) has been commissioned by the National Institute of Drug Abuse(NIDA) to conduct comprehensive research evaluating the effects of cannabis on the human body. What this means is that it will give participants who participated in the …
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