Vanguard (Nigeria) articles from December 2009, page 8

Vanguard (Nigeria) archives from December 2009

Copenhagen - 'Country Won't Back Out of Demand for Gas Emission Reduction'.
December 16, 2009... Byline: Eze Anaba The federal government today said that it will not back out of Africa's demand to developed countries to reduce gas emission and compensate it for its contribution to global warming. Environment Minister, Mr John Odey...

Why Varsities Must Invest in Research - Prof Olowokudejo.
December 16, 2009... Byline: Emmanuel Edukugho IN order to remain relevant to the society, universities must be active schools for education and research, be vigorous academic communities and serve the best interest of the nation. Prof. Dele Olowokudejo,...

Yobe to Establish Primary Healthcare Magt Board.
December 16, 2009... Byline: Bala Ajiya THE Yobe State Government has approved the establishment of a state Primary Healthcare Management Board with full statutory roles to bring health services nearer to the people. The state Commissioner of Information, Mr...

Lar Laments Poor Infrastructure in Varsities.
December 16, 2009... Byline: Taye Obateru Former PDP National Chairman, Chief Solomon Lar, has lamented the diminishing infrastructural development of Nigerian universities which he said was adversely affecting the quality of education in the institutions. He...

Price of Fuel, Food Items Rise in Imo.
December 16, 2009... Byline: Chidi Nkwopara Cost of food stuffs and petroleum products in Owerri, Imo State capital, has hit the roof tops ahead of the Christmas and New Year. Vanguard investigations revealed that most of the filling stations operated by...

Abia, Assembly Differ On N30 Billion Bond.
December 16, 2009... Byline: Anayo Okoli ABIA State Government yesterday differed with the State House of Assembly over the issue that it had dropped the idea of sourcing N30 billion loan from the bond market for a new $200 million loan from the World Bank. ...

Spring Bank Wins Clearing House Award.
December 15, 2009... Spring Bank has emerged as one of the winners of this year's Lagos Bankers' Clearing House Representatives Merit Award. The bank was honored for its outstanding punctually at the Bankers' Clearing House. The ceremony took place in Lagos. ...

Federal Govt to Make Urgent Exit From Troubled Banks - Finance Minister.
December 15, 2009... Byline: Jide Komolafe Minister of Finance, Dr Mansur Muhtar has assured that the federal government will make urgent exit from the eight troubled banks taken over by the Central Bank of Nigeria (CBN). The eight banks are Union Bank,...

Flour Mills Records 96 Percent Growth in PAT.
December 15, 2009... Byline: Michael Eboh Flour Mills Nigeria Plc has announced a significant improvement in its second quarter financial performance for 2009, with a profit after tax of N4.89 billion. According to its half year financial statement presented...

NSL Set to Undertake Share Reconstruction.
December 15, 2009... Byline: Michael Eboh National Sports Lottery Plc has announced its plans to undertake a share reconstruction exercise within the next three months. Speaking during the presentation of the facts behind its figures on the Nigerian Stock...

Revive Ancestral Glory, Cobham Tasks Efik.
December 15, 2009... Byline: John Ighodaro Deputy Governor of Cross River State, Mr. Efiok Cobham, has called on Efik people of Calabar to ensure that they revived the glory of their forebears by repositioning themselves positively. He spoke at the inaugural...

Armed Robbers Kill DPO, Two Others in Bank Raid.
December 15, 2009... Byline: Kolade Larewaju BARELY 10 days after an Assistant Commissioner of Police in the Ogun State Police Command, Mr. Omolodun Oladokun, was killed by yet-to-be-identified rioters in Ijebu Ife, tragedy struck again at the command Tuesday...

Suspected Crude Oil Thieves Threaten Reprisal on JTF.
December 15, 2009... Byline: Samuel Oyadongha Suspected crude oil thieves operating in the Niger Delta have threatened to launch an attack on operatives of the Joint Task Force for destroying their "means of livelihood." The fresh threat on the military...

Ijebu-Ife - Commission of Enquiry Begins Sitting.
December 15, 2009... Byline: Kolade Larewaju THE Judicial Commission of Enquiry set up by the Ogun State government to look into the immediate and remote causes of the violence that claimed several lives, including that of an Assistant Commissioner of Police,...

CBN Won't Allow Stocks to Crash Again - Sanusi.
December 15, 2009... The Central Bank of Nigeria, CBN has said it would not allow the stock exchange to crash again adding that economic growth is now the focus of its policy CBN Governor, Mallam Lamido Sanusi said this at the on going Nigeria Economic Summit...

Oceanic Bank Shines at Lagos Clearing House Awards.
December 15, 2009... Oceanic Bank International Plc received commendations from the Central Bank of Nigeria (CBN)'s Clearing House for Error Free Transmission and Punctuality at the Lagos Bankers Clearing House Representatives awards for exceptional conducts in the...

NSE Queries Banks for Publishing Unaudited Accounts.
December 15, 2009... Byline: Omoh Gabriel and Babajide Komolafe Capital market authorities have raised query on the unaudited accounts published by some of the troubled banks. The Nigeria Stock Exchange, NSE, in particular, is irked by the fact that some of...

PDP Chieftain Tasks Members on Revalidation Exercise.
December 15, 2009... Byline: Emma Arubi EXECUTIVE Secretary to Delta State Oil Producing Area Development Commission, DESOPADEC, and Peoples Democratic Party (PDP) stalwart, Chief Andy Osawota, has charged members of the party in the state, particularly in Orogun...

Trailer Crushes Okada Rider.
December 15, 2009... Byline: Festus Ahon PANDEMONIUM broke out at Ughelli, Delta State, weekend, as a commercial motorcyclist (Okada rider) was crushed to death by a trailer. Moments after, irate Okada riders, numbering over two hundred, mounted a road block...

Eki Igbinedion Gives 10 Orphans Scholarship.
December 15, 2009... Byline: Simon Ebegbulem FORMER First Lady of Edo State, Mrs Eki Igbinedion, has granted scholarship to ten orphans, just as she donated ten wheel chairs and food items to ten indigent families in the state. Mrs Igbinedion, who made the...

2011 - Lawyer Advocates Support for Uduaghan.
December 15, 2009... Byline: Festus Ahon A legal practitioner, Mr. Jesutega Onokpasa, has called on Deltans to support Governor Emmanuel Uduaghan for a second term in office, saying the state was witnessing radical development since the present administration...

Atedo Peterside Faults CBN on Code of Corporate Governance.
December 15, 2009... Byline: Babajide Komolafe Chairman, IBTC Stanbic Bank, Mr. Atedo Peterside, has faulted the Central Bank of Nigeria (CBN) on the provision of one code of corporate governance for operators in the financial sector. "Our regulator-imposed...

Forget 6,000mw December Deadline, Federal Govt Tells Nigerians.
December 15, 2009... Byline: Oscarline Onwuemenyi With less than two weeks to the December 2009 deadline giving by the Federal Government to achieve 6,000 megawatts of electricity promised Nigerians, the government has disclosed that it would not be able to...

IMG Commends Akpabio Over Devt.
December 15, 2009... The National Coordinator of the Ijaw Monitoring Group, (IMG), Comrade Joseph Evah, has commended Governor Godswill Akpabio of Akwa Ibom State for the people-oriented projects he has embarked on since he assumed office as governor. Speaking at...

NFF Plans Four-Nations Tournament With Brazil.
December 15, 2009... Byline: Fidelis Ebu Ahead South Africa 2010 World Cup finals, the Nigeria Football Federation is planning a Four-Nation tournament with the inclusion of Brazil among the teams to be involved in the event to prepare the Eagles for the most...

NFF - We're Yet to Receive World Cup Money.
December 15, 2009... The Nigeria Football Federation made it clear on Monday that it has not received the $1 million 2010 FIFA World Cup preparation money due to each of the 32 Participating Member Associations, as wrongly reported by a national sports paper at the...

Yar'Adua Will Contest for 2nd Term, Says Senator.
December 15, 2009... Byline: Emmanuel Aziken President Umaru Yar'Adua will have no problem transferring power to Vice-President Goodluck Jonathan if his doctors determine that he is bound to a long stay in hospital, his Special Adviser on National Assembly...

Anti-People Budget.
December 15, 2009... THE Presidency is putting up spirited defence of its latest proposed addition of four new aircraft to the presidential fleet. The kernel of the defence is that the planes are not solely for the use of the President. Other top government...

Can 2010 - Ghanaian U-20 Star Tips Black Stars for Glory.
December 15, 2009... Byline: Jacob Ajom Ghanaian youth international, Nouhoum Moutawakilou, has declared that the Black Stars of Ghana will be the team to beat at the forthcoming African Cup of Nations in Angola, with or without injured Chelsea of England...

ATM Fraud - Victims Sue CBN, 24 Banks.
December 14, 2009... Byline: Innocent Anaba Some Nigerians who claimed to be victims of authorised ATM withdrawals and fraud have dragged the Central Bank of Nigeria (CBN), all the 24 banks in Nigeria, including Interswitch Nigeria Limited before a Federal High...

Anambra - INEC Releases Voters' Register to Guber Candidates.
December 14, 2009... Byline: Vincent Ujumadu THE Independent National Electoral Commission (INEC), has released copies of the voters' register to be used for the February 6, 2010 governorship election in Anambra State to the political parties fielding candidates....

Uncertainty Over the Fate of Integrated MFB.
December 14, 2009... Byline: Amaka Agwuegbo There is uncertainty over the fate of Integrated Microfinance bank following its inability to reopen for business three months after it was forced to closed shop by irate depositors. The bank closed shop in September...

NCRIB, Nollywood Actor, Esiri Celebrate Staco Insurance.
December 14, 2009... Byline: Patience Saghana The Nigerian Council of Registered Insurance Brokers (NCRIB) has taken the quarterly Brokers' Evening to a new level as the body will henceforth ensign featured insurance companies in the quarterly event with...

Kidnapped Adamawa Labour Leader's Daughter Regains Freedom.
December 14, 2009... Byline: Umar Yusuf The kidnapped 3 and half years old daughter of the Adamawa State Chapter of the Nigerian Labour Congress (NLC) leader, Aisha Buba Dauda has been set free after one week in captivity. She regained her freedom, weekend,...

N10 Billion Non-Performing Loan - Nexim Bank Debtors Disappear Into Thin Air.
December 14, 2009... Byline: Babajide Komolafe Debtors to the Nigeria Export-Import Bank (NEXIM) have taken flight to safety following indications that the management of the bank would engage the help of the Economic and Financial Crimes Commission (EFCC) to...

Nation's Coast Among World's Worst, Says IMB.
December 14, 2009... Byline: Godwin Oritse THE International Maritime Bureau (IMB) has reported that an increase in the number of violent attacks on vessels off the coast of Nigeria saying that the "nation's coast is one of the worst in the world". This is the...

Brokers' Gone Crackers On Undermining Insurers.
December 14, 2009... Insurance brokers in the country are neck tight ready for insurance companies that challenge their existence in the market even as they indicate intention to categorise underwriters into three segments. Nigerian Council of Registered...

Nation Lost N400 Billion to Corruption - Akanbi.
December 14, 2009... Byline: Chris Ochayi Pioneer Chairman of Independent Corrupt Practi-ces and other related Offences Commission (ICPC), Justice Mustapha Akanbi (Rtd), disclosed, weekend, in Abuja that Nigeria has lost about N400 billion to corrupt practices in...

Atuche Asks Court to Quash EFCC's Charges Against Him.
December 14, 2009... Citing gross irregularities in the charges brought against him by the Economic and Financial Crimes Commission (EFCC), the former Chief Executive Officer of Bank PHB, Mr. Francis Atuche, has asked the court to discharge and acquit him of all the...

Amnesty Boosts Federation Account.
December 14, 2009... Byline: Omoh Gabriel Nigeria has started to reap the fruits of the amnesty granted to militants in the form of improved revenue flow into the federation account for distribution to the three tiers of government. Revenue accruing to the...

Usen Dares Oroye Family, Claims Ownership of Sapele Property.
December 14, 2009... Byline: Emma Amaize THERE was a twist at the weekend concerning a petition by Mrs. Ejueyitichie Oroye family of Sapele, Delta State, to the Assistant Inspector-General of Police, Zone 5, Benin City, over alleged illegal invasion of a family...

Uduaghan, JTF, SPDC, Others Meet to Over Pipeline Vandals.
December 14, 2009... Byline: Emma Amaize GOVERNOR Emmanuel Uduaghan of Delta State, top officials of Shell Petroleum Development Company (SPDC), led by its Managing Director, Mr. Mutiu Sumonu, Joint Task Force (JTF) on the Niger-Delta and community leaders from...

Troubled Banks Lose N1.3 Trillion as CBN Fixes Two Year Tenure for MGTs.
December 14, 2009... Byline: Omoh Gabriel and Babajide Komolafe The caretaker management of the eight rescued banks are to manage them for two years. The two-year tenure was announced by the Central Bank of Nigeria, CBN, after the Bankers' Committee meeting in...

Ex-Militants Hail Oshiomhole Over Egbema's Appointment.
December 14, 2009... Byline: Simon Ebegbulem EX-militant leaders in Edo State have hailed the appointment of one of their leaders, Mr Henry Binidodogha, alias Egbema I, as the Senior Special Adviser to Governor Adams Oshiomhole on Security Matters, saying his...

'Benin Monarch Never Called for Closure of Benin Airport'.
December 14, 2009... Byline: Gabriel Enogholase THE Benin Monarch, Oba Erediauwa, weekend in Benin faulted the statement credited to him that he called for the closure of Benin airport. The Benin monarch was alleged to have made the call as a rwesult of...

NOC Crisis - Federation Presidents Are Beneficiaries.
December 14, 2009... Byline: Tony Ubani FEDERATION presidents are the real winners of the crisis that engulfed the Nigeria Olympic Committee, NOC, even as the three wise men, Alhaji Ibrahim Galadima, Rev. Moses Iloh and Chief Olatonkunbo Thomas, have quenched the...

Yar'Adua Illness Sparks Lobby Against Senate President.
December 14, 2009... Byline: Emmanuel Aziken and Abdul Salam Muhammad Northern politicians and some of their Southern allies, seeking for better relevance in the post-Yar'Adua's era, are directing arrows at the President of the Senate, Senator David Mark and...

Soludo's Rough Road.
December 13, 2009... Byline: Ochereome Nnanna SINCE Professor Charles Chukwuma Soludo entered the race for the governorship of Anambra State a few months ago, he must have gone through enough experience to make his five-year sojourn at the Central Bank of Nigeria...

Abuse of LG Funds.
December 13, 2009... THE Supreme Court three years ago annulled some sections of the Monitoring of Revenue Allocation To Local Governments Act 2005 that awarded the Auditor-General of the Federation powers to monitor the use of funds allocated to the local...

Review Nation's Allocation System, Omogui Urges FG.
December 13, 2009... Byline: Simon Ebegbulem and Gabriel Enogholase THE Executive Chairman of the Federal Inland Revenue Service (FIRS), Mrs Ifueko Omogui-Okarau, weekend stressed the need for an urgent review of the nation's allocation system, saying the...

Uduaghan Warns Against Illegal Use Tractors.
December 13, 2009... Byline: Emma Amaize GOVERNOR Emmanuel Uduaghan of Delta State weekend warned that on no account should the tractors and equipment purchased by the Delta State Oil Producing Areas Development Commission, DESOPADEC for use by farmers to boost...

Abuja Agog for U-13 Football.
December 13, 2009... Kiddies football has set alight the Federal Capital Territory as the 3rd edition of the Nigeria Football Federation-organised National U-13 football championship rolled off the ground on Sunday. A total nine states are participating in the...

UPF Prays for Yar'Adua.
December 13, 2009... Byline: Festus Ahon WORRIED by his health condition, the Urhobo Political Forum (UPF), weekend, organised a-20 minute prayer session for the quick recovery of President Umaru Musa Yar'Adua. The prayer session, which was conducted by Rev....

Obi of Onitsha - Police Arrest Another Suspected Kidnapper.
December 13, 2009... Byline: Vincent Ujumadu THE Anambra State Police Command says it has arrested one of the people, who attempted to kidnap the Obi of Onitsha and Chairman of the State Council of Traditional Rrulers, Igwe Nnaemeka Achebe at his palace in...

Ijaw Leader Alleges Marginalisation of Odimodi.
December 13, 2009... Byline: Emma Arubi A PROMINENT Ijaw leader, Chief Second Benikrukru, yesterday prayed for the quick recovery of President Yar'Adua, even as he accused the Niger Delta Development Commission (NDDC) of marginalizing the oil rich Odimodi...

ICF Calls for Unity in Itsekiriland.
December 13, 2009... Byline: Daniel Gumm As more groups joined the clamour for support for Dr. Emmanuel Uduaghan's administration in Delta State, Itsekeri Consultative Forum (ICF) has called on individuals and groups yet to appreciate the leadership quality and...

Anambra Guber Election Litmus Test for 2011 - NBA.
December 13, 2009... Byline: Innocent Anaba The Nigerian Bar Association (NBA), has said that the Anambra State governorship election scheduled for February 6, 2010, will serve as a yardstick for determining how well the Independent National Electoral Commission...

Nation Yet to Sign Gas Pact.
December 13, 2009... Byline: Hector Igbikiowubo Though Nigeria is one of the countries in the vanguard of the creation of the Gas Exporting Countries' Forum, GECF, it still has not ratified the membership agreement, putting off till June efforts to do so. ...

Horoya, HLM Qualify for Eyadema Cup Final.
December 13, 2009... Byline: Jacob Ajom Guinean club, Horoya FC of Guinea, defied the massive home support for their opponents, Gomido Football club of Togo, to qualify for the final of the 24th Eyadema Cup at the Municipal Stadium here in Lome. The Guineans...

NGO Makes Case for Communities' Participation in Budget Planning.
December 13, 2009... Byline: Festus Ahon THE need for active communities' participation in budget preparation and implementa-tion, took the front burner last week, as a two-day capacity building workshop was held by non-governmental organisations, Afro Centre for...

Shall We Tell the President?
December 13, 2009... Byline: Jide Ajani AS President Umaru Yar'Adua continues to recuperate in the King Faisal Hospital, Saudi Arabia, a lot of things continue to happen. This report takes a look at some of the events and how Yar'Adua, if he was well enough...

The President's Absence Has Not Affected Governance - Nwite, Political Adviser.
December 12, 2009... Byline: Chioma Gabriel SENATOR Polycarp Nwite, Third Republic Senator, former Ambassador and at present, Political Adviser to President Yar'Adua in this interview responds to questions on the political issues of the moment including the...

FG to Use Proceeds of Deregulation to Create Jobs.
December 12, 2009... Byline: Funmi Komolafe and Demola Akinyemi The Federal government has assured that proceeds from the proposed deregulation of the down stream sector of the oil industry which would take into consideration the views of all the stakeholders...

Senator David Mark's Women.
December 12, 2009... Byline: Emmanuel Aziken It is perhaps reflective of Senator David Mark's capacities that no Senate President before him was able to manage as many women as he now has in his chamber. It is also arguable if any Senate President has pleased...

Alao-Akala Presents N139 Billion Budget.
December 12, 2009... Byline: Ola Ajayi, Ibadan Governor Adebayo Alao Akala of Oyo State yesterday proposed a budget of N138. 85 billion to the State House of Assembly for the 2010 fiscal year. He said the formulation of the budget which was tagged 'budget of...

Mr President, "Yes You Can".
December 12, 2009... Byline: Kunle Oyatomi Together, we would have been assessing the year 2009 in retrospect today, as I promised last week. However, that cannot happen because other compelling issues deserve priority attention today. And incidentally, it has...

Employ A Foreign Assistant for Amodu, Ogufere Tells NFF.
December 12, 2009... Byline: Philips Adefioye The Nigeria Football Federation, NFF, and the National Sports Commission, NSC have been advised to hire a foreign coach that would work under the Super Eagles coach, Shaibu Amodu. Former President of the West...

Peter Pane.
December 12, 2009... Byline: Bisi Lawrence I knew Peter Enahoro enough to recognize him and speak to him in a familiar tone of voice, though I had little claim to any kind of familiarity more than the fact that 1 was working in the same office with his elder...

Court Stops Police From Arresting Kalu.
December 12, 2009... Byline: Ise-Oluwa Ige An Abuja high court sitting at Zone 11, Wuse yesterday issued an interim order stopping the Inspector General of Police [IGP], Mr. Ogbonna Onovo and the Commissioner of Police in charge of the Federal Capital Territory...

We Need to Revive Professional Golf in The Country - Mayuku.
December 12, 2009... The Ibori Golf and Country Club, Asaba two weeks ago held the 2nd edition of the Governor's Cup Pro-Am Golf tournament and the tourney attracted some of the best professional and amateur golfers in the country. Senate President David Mark,...

How Area Commander Was Killed.
December 12, 2009... Byline: Ebun Babalola Saturday, December 5, 2009, in Ogun State may go down in history as a bleak day.The often busy Ijebu-Ife road became empty. Houses, shops were locked. Tenants and landlords fled and bodies were reportedly picked from the...

Aso Rock Without Yar'Adua.
December 12, 2009... Byline: Daniel Idonor Ab initio, it was expected that President Umaru Yar'adua would return to Nigeria this weekend from his hospital bed at the King Faisal Specialist Hospital and Research Centre in Jeddah, Saudi Arabia and assume full...

Governor Sylva, Igali, Set to Revolutionise Sports And Education in Bayelsa.
December 12, 2009... Byline: Patrick Omorodion Nigerian-born Canadian, Dr. Daniel Baraladei Igali left Nigeria unsung in 1994 to represent his country of birth at the Commonwealth Games in Victoria, Canada. He was spotted as a potential gold medallist in his...

Yar'Adua's Absence - Jonthan is in Charge - Okonkwo.
December 12, 2009... Byline: Chioma Gabriel Senator Annie Okonkwo represents Anambra Central Senatorial zone in the Upper Legislative Chamber. This first time senator in this encounter answers questions on the situation in Aso Rock since the President's absence...

N7.4 Billion Fraud - Court Orders Arrest of Martins, Dumuje, Others.
December 12, 2009... Byline: Abdulwahab Abdulah An Abuja High Court yesterday issued a bench warrant against Kenny Martins and three others over the alleged misappropriation of the Police Equipment Fund. The court presided over by Justice Mwada Balami ordered...

I Wish I Knew My Father's Family, Shan George Laments.
December 12, 2009... Byline: Chioma Gabriel Screen diva, Shan George has come a long way in Nollywood. From a village girl who grew up in a farm settlement, this half Nigerian, half British actress found her way to stardom and she is not letting anything stop...

Akpabio Cup - Ysfon Demands an Apology.
December 12, 2009... The Youth Sports Federation of Nigeria (YSFON) has condemned in very strong terms the disgraceful manner the Akwa Ibom State government treated well over 200 youths from across different parts of Nigeria who were invited to participate in the...

The North Built On Mistakes of the South -- Mbu.
December 12, 2009... Byline: Jide Ajani and Anthonia Onwuka He promised to make himself available and he did. For Matthew Tawo Mbu, life has been one experience he cherishes. In this concluding part of the interview, Mbu reveals how the North built on the...

Oyinlola Salutes Godfrey's Feat At President Cup.
December 12, 2009... Byline: Richard Animam For winning the President Cup last week with record scores, Prince Olagunsoye Oyinlola President of the Nigeria Golf Federation, NGF has commended the effort of Christian Godfrey of IBB International Golf and Country...

It's Time Country Defines Its Core Values -- Cleric.
December 12, 2009... Byline: Akoma Chinweoke President of Earthen Treasures Foundation for Humanity, Pastor Bamidele Olurin, believes that for Nigeria to be free of corruption and move forward as a nation, its leaders and her citizens must recognize what the...

Coca Cola Retains Tallest Africa's Christmas Tree.
December 12, 2009... Byline: Funmi Ajumobi and Akoma Chinweoke The managing director, Coca Cola Nigeria Limited, Islay Rhind, has said that the essence of the company's traditional Christmas tree lighting was to reflect on the uniqueness of Nigeria's cultural...

Be Security Conscious, Okogie Urges Priests.
December 12, 2009... WORRIED by growing security concerns in the country as a whole, Catholic Archbishop of Lagos Metropolitan See, Anthony Cardinal Okogie has again urged priests in the archdiocese to be security conscious especially at this festive period. In a...

Success Has Been Recorded in Economic Stability -- Doyin Salami.
December 12, 2009... The 15th Nigeria Economic Summit organised by the Nigerian Economic Summit Group (NESG) will hold December 15 to 17, with the group saying that the economic scorecard of Nigeria will be on focus. Dr. Doyin Salami, chairman, planning committee,...

New Book Gives Nollywood Beffiting Glossy Look.
December 11, 2009... A fellow took a brief look at Nollywood Confidential, scanned through the pages and exclaimed that properly marketed, this book will sell at least 250, 000 copies in the next few weeks. Looking at the reading index of the country, that figure...