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Showing posts from March 18, 2016

Nigeria: Economic Retreat starts on Monday - Presidency

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President Buhari An economic retreat convened by the present administration to offer solutions to the current economic challenges facing Nigeria will hold on Monday and Tuesday next week. The retreat, being put together by the National Economic Council, which has the 36 state governors as members and Vice-President Yemi Osinbajo as chairman, will hold in the Presidential Villa, Abuja. According to a statement on Thursday by the Senior Special Assistant to the Vice-President on Media and Publicity, Mr. Laolu Akande, President Muhammadu Buhari will deliver the keynote address during the retreat’s opening session on Monday. Akande said Osinbajo, being the chairman of NEC, which is an advisory body to the President, would preside over the retreat with governors from the 36 states of the federation attending. Others expected at the meeting, according to the statement, are the Central Bank Governor, Godwin Emefiele; and the Minister of Budget and National Planning, Udo Ud

Los Angeles:Construction worker dies in 800-foot fall from skyscraper

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Wilshire Grand Tower on South Figueroa Street An electrician who plunged to his death while working on a Los Angeles skyscraper was not supposed to be above the third floor and had removed his hard hat before falling 53 floors, construction company officials said. The man, who was in his second day on the project, fell about 800 feet Thursday from the unfinished Wilshire Grand Center around noon and either hit the back edge of a passing car or struck nearby. Once finished, the building will be the tallest in the West It happened at one of the busiest times of day at one of the busiest intersections in downtown Los Angeles, when the streets were thronged with people. He had taken off his hard hat and had not been wearing a safety harness because it wasn't required for the bottom floors he was working on, said Lisa Gritzner, spokeswoman for Turner Construction, the main contractor on the project. She could say no more about what may have caused the man to fall or

Alleged N5.6bn fraud: Supreme Court Orders EFCC to prosecute Ex-Governor Orji Kalu

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Orji Kalu, Former Governor of Abia The Supreme Court, Friday 18th, gave the Economic and Financial Crimes Commission, EFCC, the nod to prosecute the former Governor of Abia State, Dr. Orji Uzor Kalu on a 107-count corruption charges. The charge borders on the alleged complicity of the erstwhile governor in money laundering and illegal diversion of public funds to the tune of N5.6billion.Kalu was alleged to have perpetuated the fraud while he piloted the affairs of Abia State between 1999 and 2007. Though the anti-graft agency docked him before the Abuja Division of the Federal High Court on July 27, 2007, however, for the past eight years, the defendant, through various interlocutory applications, frustrated moves by the prosecution to open its case against him.The defendant firstly challenged the competence of the charge against him, as well as the jurisdiction of the High Court to hear and determine the case. Meanwhile, following refusal by the trial court to quash the charge