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Town Hall Meetings to Commence Across Nigeria - Presidency

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The Senior Special Assistant, SSA, to President Muhammadu Buhari on Media, Garba Shehu, said on Sunday that the presidency will soon begin to hold town hall meetings with Nigerians. Mr. Shehu made this known while answering reporters’ questions in Abuja. According to him, government decided to embark on such meetings because it has realised the importance of information communication to the people at the grassroots. “I know that there is a plan that the Vice-President, Prof. Yemi Osinbajo would start town hall meetings in zones. “It would then be broken down to the states and so on. “Government realises that there is a need to take information to the people and there are steps that are being taken in order to ensure that is done,” he said. Mr. Shehu criticised the National Orientation Agency, NOA, for being indifferent to the Federal Government’s change mantra. Professor Yemi Osinbajo, Vice President, Nigeria. RELATED NEWS We are planning for Nigeria's poor in 2016 bu...

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 ch...

34 years in Coma; Jean-Pierre Adams touching Story

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Today, Thursday marks 34 years to the day since former France international Jean-Pierre Adams entered into a coma following a botched operation on his knee. Having turned 68 earlier this month, the ex-footballer has now spent half of his life in this condition -- with his wife Bernadette still lovingly tending to him. It is fair to say that Jean-Pierre's story touched a nerve. Perhaps it's hardly surprising given the emotion that courses through his tale. On one hand, there is sympathy for the way his life was cruelly and needlessly turned upside down. On the other, there's the way his wife Bernadette has unfailingly stuck by his side through the years. Despite having no medical training prior to his accident on March 17, 1982, she has cared for the man she married in 1969 in the family home ever since. Once a strapping physical specimen, Jean-Pierre now spends most of his day in bed -- incapable of nearly all voluntary movement, although he can diges...

3 charts that show money can't stop Donald Trump

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Last Tuesday(15th) night was a devastating defeat for Marco Rubio, whose big losses in the Super Tuesday II primaries caused him to drop out of the Republican race. But the scale of the disaster is even bigger when we look at the amount of money Rubio and the Republican establishment spent in the past weeks to try to stop Trump. It shows that Trump is winning while spending incredibly little on any sort of advertising. Other candidates, like Rubio, went aggressive on advertising, only to have their efforts rebuffed by voters. According to ad-buying data from SMG Delta, posted by Mark Murray of NBC News, Rubio's Super PAC and campaign spent a massive amount of money in several of the March 15 primary states. For instance, in his home state of Florida Rubio spent $8.2 million, far more than the rest of candidates combined. But he only received 636,450 votes. That means he spent nearly $13 per vote. Compare that with Donald Trump, who barely spent anything on advertis...

GTBank declares N120.7bn profit before tax

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Guaranty Trust Bank Plc has announced a profit before tax of N120.7bn for the year ended 2015 financial year, which is an increase of N4.3bn or 3.7 per cent over the N116.4bn reported in December 2014. The financial result was released to the Nigerian and London Stock Exchanges, the bank said on Monday. A review of the 2015 results showed gross earnings of N301.9bn, an increase of 8.4 per cent from the N278.5bn recorded in the same period of 2014. In terms of value creation for its shareholders, the bank recorded pre-tax Return on Average Equity of 31 per cent and Return  on Average Asset of five per cent.  The bank’s balance sheet showed a 7.2 per cent growth in total assets, from N2.36tn in 2014 to N2.52tn in the year under review. Loans to customers grew by 7.5 per cent to close at N1.37tn from N1.28tn in 2014. Despite the implementation of the Treasury Single Account by the Federal Government, customer deposits remained relatively stable with a marginal year-o...