President Goodluck Jonathan’s attempt to end the subsidies in January 2012 sparked a week of strikes and protests, paralyzing the economy and forcing the government to partially restore them.
The tumbling oil prices that have slashed Nigeria’s revenue and roiled currency and stock markets in Africa’s biggest economy may have a silver lining: an excuse for the government to scrap fuel subsidies that cost as much as $7 billion a year.
As the year comes to an end and the nation marches towards 2015 with expectations, Archbishop (Prof) Uriel Bade Adesunloye (JP) has predicted that the nation will not only survive 2015 but will do so in peace. He also said the nation is destined for greatness and that whoever predicts doom for the nation will suffer the same fate. He spoke with CHARLES OKOH.
AMAECHI PERCY ONYEJEKWE, Awka
The need to check the rising cases of cancer in Nigeria received a boost in Anambra State when wife of the state governor, Chief (Mrs.) Ebelechukwu Obiano led a road campaign/march tagged: “Walk for Hope to End Cancer Now” to create awareness on the cancer scourge and raise fund for the establishment of an ultra-modern cancer treatment centre in Awka, Anambra State.
MALACHY UZENDU, Deputy Editor and ONYINYECHI UDEMEZUE, Abuja
UNNECESSARY controversy; just that Nigerians find it difficult to drop old habit, whether for positive or negative reasons. In most cases, those who benefit from a wrongful old order instigate discontent and often, outright rejection of innovations.
Such was the case with the National Youth Service Corps (NYSC) which, thinking their innovative e-corps mobilisation efforts would be greeted with pomp, met stiff resistance, even, outright castigation by university administrators.
AS a way of fostering harmonious working relationship with the media, Nigerian Army School of Public Relations and Information (NASPRI), has organised a three days workshop in Lagos recently to provide scholarly solutions to military – media relations in combating contemporary security challenges.
If your motto is “hustle till you drop”, lack of sleep could see you drop before you even profit from your hustle.
You may have seen the report that Africa’s Richest Man, Aliko Dangote, is so caught up with work that he sleeps just three hours a day. “I believe in hard work and one of my business success secrets is hard work. It’s hard to see a youth that will go to bed by 2am and wake up by 5am. I don’t rest until I achieve something,” a story on Ventures Africa quotes the World’s richest black man as saying.
“Nigeria is a very hard place to… do anything, let’s put it that way. It’s definitely very hard to run a business. But it’s more earthy. You feel like your feet are on the ground.”
Mention northern Nigeria and the first thing that may spring to mind is Boko Haram. Zainab Ashadu is hoping to change that — by selling designer handbags.
As Nigerians brace up for the 2015 general elections, industry watchers have continued to express concern over bank lending to politicians. Not a few have warned, therefore, that the development may be harmful to both the banking industry and the economy . Politicians are already perfecting their strategies on how to achieve their political ambitions ahead the 2015 general elections.
The Centre for Black and African Arts and Civilization (CBAAC)’s aim of using its just-concluded international conference to expose and fully showcase the viability of culture and its immense potential for a country like Nigeria, in Africa, and by implication portray the sector’s capability to grow the nation’s economy if fully exploited, could be said to have been achieved going by the fallouts of the conference in Yenagoa, the Bayelsa State capital.
Dr Victor Udo , the Managing Director of Ibom Power Plant and Senior Special Assistant to the Akwa Ibom Governor on Power, fielded questions from newsmen in Lagos recently on the challenges of the nation’s power sector and stresses what should e done to achieve effective power generation and distribution, among other issues , Asst News Editor, UFOMBA UZUEGBU reports.