100 (9)

Forbes 100 Richest

 

Rank   Name  Net Worth      Age     Source of Money      Country of Citizenship

1          Carlos Slim Helu & family   $74 B  71      telecom         Mexico

2          Bill Gates     $56 B  55      Microsoft       United States

3          Warren Buffett       $50 B  80      Berkshire Hathaway  United States

4          Bernard Arnault      $41 B  62      LVMH  France

5          Larry Ellison $39.5 B         66      Oracle United States

6          Lakshmi Mittal        $31.1 B         60      Steel   India

7          Amancio Ortega      $31 B  74      Zara   Spain

8          Eike Batista $30 B  54      mining, oil      Brazil

9          Mukesh Ambani      $27 B  53      petrochemicals, oil & gas     India

10        Christy Walton & family     $26.5 B         56      Walmart        United States

11        Li Ka-shing   $26 B  82      Diversified     Hong Kong

12        Karl Albrecht          $25.5 B         91      Aldi     Germany

13        Stefan Persson       $24.5 B         63      H&M    Sweden

14        Vladimir Lisin          $24 B  54      Steel   Russia

15        Liliane Bettencourt $23.5 B         88      L'Oreal France

16        Sheldon Adelson     $23.3 B         77      casinos          United States

17        David Thomson & family    $23 B  53      media  Canada

18        Charles Koch          $22 B  75      Diversified     United States

18        David Koch $22 B  70      Diversified     United States

20        Jim Walton   $21.3 B         63      Walmart        United States

21        Alice Walton           $21.2 B         61      Walmart        United States

22        S. Robson Walton   $21 B  67      Walmart        United States

23        Kwok Thomas & Raymond & family         $20 B  N/A     real estate     Hong Kong

24        Larry Page   $19.8 B         37      Google United States

24        Sergey Brin $19.8 B         37      Google United States

26        Prince Alwaleed Bin Talal Alsaud    $19.6 B         56      Investments   Saudi Arabia

27        Iris Fontbona & family       $19.2 B         N/A     Mining Chile

28        Lee Shau Kee         $19 B  83      real estate     Hong Kong

29        Alexei Mordashov    $18.5 B         45      Steel   Russia

30        Michael Bloomberg $18.1 B         69      Bloomberg     United States

30        Jeff Bezos   $18.1 B         47      Amazon         United States

32        Michele Ferrero & family    $18 B  84      chocolates     Italy

32        Mikhail Prokhorov   $18 B  45      Investments   Russia

34        Vladimir Potanin      $17.8 B         50      nonferrous metals    Russia

35        Alisher Usmanov     $17.7 B         57      steel, telecom, stocks         Russia

36        Azim Premji           $16.8 B         65      Software       India

36        Oleg Deripaska       $16.8 B         43      aluminum      Russia

38        Michael Otto & family        $16.6 B         67      Retail  Germany

39       German Larrea Mota Velasco & family     $16 B  57      Mining Mexico

39        Rinat Akhmetov      $16 B  44      steel, coal mines       Ukraine

39        John Paulson          $16 B  55      hedge funds   United States

42        Shashi & Ravi Ruia $15.8 B         67      Diversified     India

43        Mikhail Fridman      $15.1 B         46      oil, banking, telecom Russia

44        Michael Dell $14.6 B         46      Dell     United States

44        Susanne Klatten     $14.6 B         48      BMW, pharmaceuticals        Germany

46        Steve Ballmer        $14.5 B         54      Microsoft       United States

46        George Soros         $14.5 B         80      hedge funds   United States

48        Berthold & Theo Jr. Albrecht & family      $14.4 B         N/A     Aldi, Trader Joes       Germany

49        Birgit Rausing & family      $14 B  87      packaging      Sweden

50        Vagit Alekperov      $13.9 B         60      Lukoil  Russia

51        Aliko Dangote         $13.8 B         53      sugar, flour, cement Nigeria

52        Mark Zuckerberg    $13.5 B         26      Facebook       United States

53        Anne Cox Chambers         $13.4 B         91      Cox Enterprises        United States

53        Roman Abramovich           $13.4 B         44      steel, investments     Russia

55        Jorge Paulo Lemann          $13.3 B         71      beer    Brazil

56        Savitri Jindal & family        $13.2 B         60      Steel   India

57        Gerald Cavendish Grosvenor & family      $13 B  59      real estate     United Kingdom

57        Paul Allen     $13 B  58      Microsoft, investments        United States

57        Viktor Vekselberg   $13 B  53      oil, metals      Russia

60        Phil Knight    $12.7 B         73      Nike    United States

61        Robert Kuok          $12.5 B         87      Diversified     Malaysia

61        Carl Icahn    $12.5 B         75      leveraged buyouts    United States

63        Mohammed Al Amoudi       $12.3 B         66      oil       Saudi Arabia

64        Donald Bren           $12 B  78      real estate     United States

64        Ron Perelman        $12 B  68      leveraged buyouts    United States

66        Alberto Bailleres Gonzalez & family         $11.9 B         79      Mining Mexico

67        Francois Pinault & family    $11.5 B         74      Retail  France

68        Joseph Safra         $11.4 B         72      banking         Brazil

69        Abigail Johnson       $11.3 B         49      Fidelity United States

70        Viktor Rashnikov     $11.2 B         62      Steel   Russia

71        Leonardo Del Vecchio        $11 B  75      eyewear        Italy

72        John Fredriksen      $10.7 B         66      shipping         Cyprus

72        Stefan Quandt        $10.7 B         44      BMW   Germany

74        James Simons        $10.6 B         72      hedge funds   United States

75        Luis Carlos Sarmiento        $10.5 B         78      banking         Colombia

75        Horst Paulmann & family    $10.5 B         76      Retail  Chile

77        Nasser Al-Kharafi & family $10.4 B         67      construction   Kuwait

77        Eliodoro, Bernardo & Patricia Matte         $10.4 B         N/A     paper  Chile

79        Sammy Ofer & family       $10.3 B         89      shipping         Israel

80        Len Blavatnik         $10.1 B         53      Access Industries      United States

81        Hans Rausing         $10 B  84      packaging      Sweden

81        Ernesto Bertarelli & family $10 B  45      biotech          Switzerland

81        John Mars    $10 B  74      candy, pet food        United States

81        Jacqueline Mars      $10 B  71      candy, pet food        United States

81        Forrest Mars          $10 B  79      candy, pet food        United States

81        Klaus-Michael Kuhne         $10 B  73      shipping         Germany

81        Gautam Adani        $10 B  48      commodities, infrastructure  India

88        Iskander Makhmudov        $9.9 B 47      mining, metals, machinery   Russia

89        Johanna Quandt      $9.8 B 84      BMW   Germany

89        George Kaiser        $9.8 B 68      oil & gas, banking     United States

89        Maria-Elisabeth & Georg Schaeffler         $9.8 B N/A     ball bearings   Germany

92        German Khan         $9.6 B 49      oil, banking, telecom Russia

93        Ananda Krishnan     $9.5 B 72      telecom         Malaysia

93        Dmitry Rybolovlev   $9.5 B 44      fertilizer        Russia

95        Robin Li       $9.4 B 42      Internet         China

96        Serge Dassault & family    $9.3 B 85      aviation         France

97        Kumar Birla  $9.2 B 43      commodities   India

97        Petr Kellner $9.2 B 46      insurance       Czech Republic

99        Leonid Mikhelson     $9.1 B 55      Natural gas    Russia

100       Cheng  Yu- tung     $9 B    85      real estate     Hong Kong

 .

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images?q=tbn:ANd9GcQlVbdNzZ2VexT6i_Wh287VaZHDQbqTxlntcOFjtvzujbI_J4rRf11clCc2UQThe FBI calls it the biggest mafia round-up in New York history. More than 100 suspected mobsters are being arrested this morning in connection with numerous federal investigations into New York area mob groups as first reported on NBCNewYork.com.

FBI agents along with NYPD and State Police officers, and US Marshals were conducting raids that began in the early morning hours. Federal charges are expected to range from gambling to racketeering to murder.

Law-enforcement officials said members and associates of all five New York mafia families - as well as New Jersey's DeCavalcante family - are among those being arrested.

The arrest operations stretch across the tri-state area with many of the suspects being processed in Brooklyn.  Attorney General Eric Holder is flying up from Washington to take part in the official announcement.  U.S. Attorneys Loretta Lynch, Preet Bharara along with FBI New York Director Janice Fedarcyk and NYPD Commissioner Ray Kelly are expected to announce details of the federal charges at an 11 am news conference.

 

With more than 100 arrests expected, officials said the charges this day surpass the large 2008 mafia raids where 80-plus suspected members of organized crime were charged. 

At that time, John 'Jackie the Nose' D'Amico and other reputed leaders of the Gambino crime family were targeted in the U.S. while Italian authorities conducted simultaneous raids on mafia groups there.

FBI officials have said organized crime is still active in New York's construction industry.  Labor union corruption, loansharking and gambling among the other schemes run by the mob.  

FBI officials did officially confirm the arrests. 

"Early this morning FBI Agents along with our law enforcement partners began arresting over 100 organized crime members for various criminal charges," said Diego Rodriguez of the FBI New York office. "Additional information will be available at the U.S. Attorney's offices later today."

Officials said significant leaders and associates of the Gambino, Genovese, Lucchese, Bonanno, Colombo and DeCavalcante families among those being arrested.

 

Comment:

Where is the kaduna mafia of naija now ?

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Huhuonline.com can disclose that killing along religious lines has commenced in Jos,Plateau State , Nigeria. Over 100 people were murdered in renewed attacks by some suspected militia in Dogo Nahawa in Shen of Jos South Local government area. Sources told that Fulani Militia raided the Du district in Jos South Local government government area, Killing mostly women and children. As result of

unprovoked attacks, the state governor, Jonah Jang, summoned a meeting of security agencies in the state. More to come

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TOP 100 Universities in AFRICA



CONTINENT RANK
UNIVERSITY
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Universities 1 to 100 of 100


http://www.webometrics.info/top100_continent.asp?cont=africa
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To say Nollywood stars have had their fair share of trials and tribulations in the hand of the media is an understatement. Some have been through the fire and are still smarting from the experience. The latest to be hit is popular Nollywood star and Glo ambassador Uche Jombo.

Some weeks ago a certain media house, News of the People based in Ojodu, circulated a story that the actress had undergone an abortion at the advanced stage of 6months for a certain Okechukwu Uche. Shaken by the news, it was decided to track Uche concerning the matter and the actress who was most upset, denied the allegations vehemently. ‘How can I abort a 6 month pregnancy? It is a bloody lie! I do not know how someone can wake up in the morning and his plan is just to destroy others with his poisonous pen! I can not tell you how this story has affected me emotionally and psychologically but I have handed the matter over to my lawyer and it is in court now! When pressed further Uche said, ‘I have issued a press release to the necessary media houses and have also been advised not to discuss the details of the case but I can tell you that I am suing them (News of the People) for one hundred billion naira!

Further efforts to get her to speak were rebuffed with the actress informing me that she was going for a well deserved rest in the United States in the coming week. She however directed me to her lawyer, Victor Ukutt Esq. who she said will handle the matter from now on.

they tracked him down and he intimated me that the media house had already been written formally to retract and publicly apologize to the Star and failure to do this would result in them being served. When asked if the media house had complied and the lawyer said ‘No! So we have no option but to go ahead, sue them and summon them to court on the matter. We will do so formally on Tuesday 16th February 2010’. ‘And how much are you suing them for?’ He replies; ‘100 billion naira!’! I wonder if the media house can pay and voice that out to which he answers, ‘They should have thought of that when they were writing malicious stories about my client! We intend to pursue this matter to the fullest extent of the law till justice is done’. Meanwhile we at Nollywooduncut.com intend to keep you updated on this saga

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View Brutal Video as Navy beats her like a dog Now A Lagos State High Court in Igbosere yesterday ordered Rear Admiral Harry Arogundade, the Nigerian Navy and four naval ratings to pay Miss Uzoma Okere and her friend, Mr. Abdullahi Abdulazeez, N100 million as damages for assaulting them. In a judgment that lasted one and a half hours, presiding judge, Justice Opeyemi Oke, vehemently rebuked the officers, describing them as people who are not fit for a decent society. He described their behaviour as “barbaric” and unlawful and a violation of the plaintiffs’ fundamental human rights. The judge ordered the officers and the Navy to offer unreserved “apology” to the victims within one month of the judgment in four national newspapers, namely: THISDAY, The Guardian, The Nation and The Punch. She also extended the apology order to some electronic media namely: NTA, AIT, Raypower and Cool FM stations. “Miss Okere was brutalized, beaten, pushed, pulled and dragged on the road and her blouse pulled off her by one of the naval ratings thereby exposing her nakedness from waist up, leaving her with only the brassiere. This was done to a young lady, a citizen of this country,” lamented the judge. She said the ratings ought to undergo psychiatric test to determine their sanity, adding that they apparently forgot they were not in a high sea fighting a war but in an enlightened society. “The averments in their counter-affidavits were cooked-up lies to the extent that they were overcooked and got burnt,” the judge said. The court resolved the three issues for determination in favour of the applicants, namely: whether they established the fact that their fundamental human rights were infringed; whether the respondents can be held liable, and whether the applicants are entitled to the reliefs sought. She said after going through the documentary evidence before her, it was a clear case of res inter locutor (facts speak for themselves), adding that no amount of money can adequately compensate the violation of a persons’ human dignity. Justice Oke added: “Miss Okere was violated by the ratings in glaring eyes of the public with her upper anatomy exposed to all sorts of eyes. Her private property became the object of a cinema for those who witnessed the unfortunate and disgraceful incident in a country like ours. This was man’s inhumanity to man.” According to her, Okere’s partial nakedness likely made “imaginations to run riot” as “most people who witnessed the incident were able to describe the size of her bra”. She went on: “These ratings can only be described as barbarians in uniforms as they have shown by this incident that they have no respect for womanhood – dragging a woman on the road and partially getting her naked. They have no fear of God at all. “It is highly shameful and unimaginable that such could happen in this 21st Century in a civilized society and democratic one. It should therefore be condemned in very strong language. “The naval ratings have disgraced the uniform they wear as officers of the Nigerian Navy. They are therefore a disgrace to the whole nation. The rebranding gospel should therefore be commenced with this group of officers.” Arogundade, the judge held, was liable and could not claim ignorance of what his men were doing. Okere and her friend, Abdulazeez, were beaten and humiliated by the naval ratings in late 2008 for allegedly denying them right of passage on the road. They went to court to seek for an order of perpetual injunction restraining the respondents and their agents from horse-whipping motorists and putting them in apprehension through reckless driving in siren-blaring convoy. They asked the court to award them N100 million as damages for the assault among other reliefs that they sought. Arogundade and the Nigerian Navy had attempted to frustrate the matter when they came up with an application seeking stay of proceedings. But Justice Oke dismissed the application on grounds that it was frivolous, unwarranted and a time wasting exercise. They had also challenged the ruling of the court, which dismissed their application seeking leave of the court to admit oral evidence in a suit which the learned judge dismissed on grounds that there were documentary evidence before the court that could be used to adjudicate on the matter, saying that there was no need for oral evidence. Dissatisfied, the respondents urged the court to stay further proceedings in the matter pending the final determination of an appeal filed at the Court of Appeal, Lagos Division. However, the court in its ruling held that granting of an application for stay of proceedings is at the discretion of the court and that the court must take into consideration the rights of parties involved before arriving at a just conclusion.
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Despite pulling off seemingly impossible ventures in the past – bringing the top musical talents in the world to Nigeria to perform on one stage - the THISDAY Group surpassed itself by convincing R.Kelly to suppress his much-publicized phobia for flying and take his first trip to Africa. R.Kelly rarely tours outside the US and when he did travel to the UK eight years ago to perform at the MOBO Awards, he travelled by sea.However, he performed at the ARISE African Fashion Show in Johannesburg and went to Sun City then Cape Town for the THISDAY Music Festival. Today, he would be at the Federal Palace Hotel in Victoria Island to perform for the cream of Lagos Society. The tickets are prohibitive, ranging from 100 to 250k! It better be worth it.Ten in the evening and the venue is abuzz but we can’t go in because the stage isn’t ready. It says 8p.m. on the ticket but this na Naija… we have to chill at the lounge/bar of the Hotel. I’m an observer…got to stay sober. Rising Hip-Hop act, Ajuju walks in with his team. Godwin Tom, MI’s manager says hello. He’s here to lay the groundwork for his artist’s act.I cannot recollect ever seeing this many beautiful women at once… fly chicks, gorgeous ladies; all dressed to murder.Then its 11:15 and we can go in. The gig is outside. The venue is a temporary construction on the lawn. Not sure what to call this…Maybe a large tent would do. You can feel the red carpet embrace your feet through your shoes. Then I was brought out of my reverie by the flashing lights. “Rain,” my brain tells me in milliseconds as I wait for the thunder claps. All I hear are camera clicks. What!? This many flashbulbs? This is blinding! My snug grey suit comforts me. I feel picture perfect.Inside are tables laid in white, seating between six and twelve guests. A hundred tables would be a conservative estimate and they were filling up fast. O boy! …and there is supposed to be a recession. Basket Mouth makes a similar remark. Keke and D1 of Kennis Music are seated on the table ahead; D’banj, Wande Coal, Don Jazzy and the rest of the Mo Hits crew including new recruit, Ikechukwu are to the left.James Ibori is in the building too, although very far ahead. …something to do with some VIPs being more equal than others (apologies George Orwell). Maiden Ibru, Olisa Adibua, Sound Sultan…The smell of food being warmed is really distracting. …and the pop of champagne bottles.The overhead lights keep the confines of the tent well lit; it is almost excessive, like the temperature which borders on freezing. However, there was a reminder that we were still in Nigeria: The quite audible hum of the whatever-size generator outside. Good thing there is a fedora perched on my head. Yizu, the Ethiopian princess, remarks that I look like an Italian assassin. I feel lucky; it’s serving the dual-purpose of shielding my eyes and keeping my head warm.Basket Mouth is doing a good job keeping us entertained while the engineers work on whatever it is they are still working on. It’s past twelve now. The MC mentions it is Segun(?) Agbaje’s (DMD GTB) birthday. Who cares? …Okay, just kidding.Dinner is served. I go through the menu and settle for Roast Potatoes and Mexican Beef Salad. …shouldn’t exceed this glass of champagne. I’m an observer…will need to stay sober. Basket Mouth keeps dissing anyone in sight. “No be by grab for this country o,” he tells a well-built engineer who insists he shouldn’t get on stage, “na as your pocket grab.” And he’s really taking out the Deltans in the house. They don’t feel comfortable seated next to the numerous expatriates at the show, he claims. “Their body dey itch,” he says. “Dem dey find u dem go kidnap.”In the same breath he apologizes to Ibori, a prominent Delta citizen. “Na joke I dey joke o! I get plane to catch tomorrow.” That surely is a dig at the ex-governor who was accused of making a plane disappear in mid-air. R.Kelly wasn’t out of bounds either. “Wetin convince Robot (or Robert?) make him fly? Na recession?”The MC practically challenges Wande Coal to sing without instruments because, well…the engineers. He, along with D’Banj kept the audience enthralled for a while. Then D’Banj gets angry and says they are leaving. Why, he wonders, should we be kept waiting by a foreign act while the local ones are disrespected. “If na my show una for don waka,” he says. As how now? And lose your 250k? No way. He probably got a free ticket as an artist…Okay, okay, he has a point. But apparently it’s not R.Kelly’s fault. He has been around – backstage for awhile – but sound-check was taking so long.Then less than five minutes after the Mo Hits crew walk out, the chairman of the THISDAY Group, Nduka “The Duke” Obiagbena, comes on stage. “For those who didn’t believe this was possible, those that say R.Kelly doesn’t fly, this is your answer,” he says.I’m half-expecting to see R.Kelly fly in… then the lights go out. Some seconds later only the ones on stage come on. R.Kelly appears with his mic; to a large roar…no, screams rather. It’s like magic. He has a full complement of live instruments. The drums, the pianos the guitars…his back-up singers – two women (one white) and a guy… This is what live means!He kicks off with Hell Yeah, I’m Fucking You Tonight, We Clubbing and a couple more. But he isn’t impressed with the response. “Isn’t this Nigeria? I can’t hear you. Where I’m from we party hard after getting alcohol in our systems,” he says.O boy, this na Naija. Na big man full here. Especially when you consider the ticket prices.He tries again; Your Body’s Calling, I Wish, Bump ‘n’ Grind, Twelve Play… “I can come back if you like. Should I go?” he asks. For where? No way.“All the sexy ladies in the house come out front. But if you’re with your man don’t come…I’m warning you!” he says. Suddenly the hall is divided in two. Ladies first…guys behind.He tries once more with Strip for You and The Zoo… then the foundations of the construction start to shake. Probably from the piercing screams. Men, these girls no send again o!R.Kelly promises to perform most of the songs he has recorded. As time goes on, the reality of just how many songs this guy has hits you. Ignition, Snake, Fiesta, Slow Wind, Gigolo… This guy is really the King of R&B. No doubt.He’s free-styling now. About a Nigerian girl following him to America. “If you have your passport ready,” he sings, “You can follow me to America.” Meeeehn! Do women actually go around with passports in their bags? Come and see passports o! Plenty passports in the air!
This place is seriously grooving now. The men have caught the bug fully. I guess Gigolo set it off. It certainly did for me. And R ‘n’ B Thug. The songs keep coming…Down Low, Feeling on Your Booty, You Remind me of Something, If I Could Turn Back the Hands of Time, When a Woman’s Fed Up… God!Just can’t seem to get enough. This guy knows how to work a crowd. The lights above the audience are back on, right about the time he belts out Step In the Name of Love. Everyone is dancing in earnest. R’Kelly checks his watch. I check mine. It’s 3 in the morning. The lights seem to be the cue that the performance is ending. Oh no!But he’s not done yet. He’s singing Happy People. This is a spot-on description of the mood in the house. Then he takes a bow, while the instruments continue. He had performed for close to two hours. He was the only performer on the night. But was it worth the gate fee? You betcha! Everyone is cheerful. The VIPs, the VVIPs, the VVV… you get the drift.I have to concur: There can be no R&B without the R…
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Learn to use Solar Power and even design your own .We will help you in importing Solar power devices from china ! email solar@systemini.net for more details . FACTS have begun to emerged how the poor electricity supply in the country has led and contributed to factory closures and declining manufacturing sector in Nigeria, leading millions of job loses. In fact, in the Textile/garment as well as Chemical/Leather sectors of the economy, constant power failure in the country has either led to and was a major factor to closure of not less than one hundred factories scattered across the country. According to vanguard investigations, while twelve manufactory companies in both Textile/Garment and Chemical/Leather sectors, three had their workers reduced from five thousand (5000) to seven hundred (700). Confirming this unfortunate development and the steady de-industrialisatio n in the country, General Secretary of the National Union of Textile, Garment and Tailoring Workers of Nigeria (NUTGTWN) and a Vice President of Nigeria Labour Congress (NLC), Comrade Issa Aremu, declared that among the factories that closed down as a result of electricity failure included “Tarneries, Hufawa, Intertan, Multitan, Nakudu, Kano Textile Limited, Afrimpex and Harmatan (all based in Kano state) as well as most of leather industries in the state . In lagos, are Dunlop Industries, Leanard Shoes and Batta Shoes and Michelin Nigeria Limited, in Port-Harcourt, Rivers state. Also poor power supply was attributed to have contributed majorly to the closure of the under-listed factories included Enpee, Nelco, NSF, Weaving and Processing, Swantex, Textile Specialities, ASSAN Industries, Jaybee, K-Issardas, Bhojaraj, Teev-Gold Star, Amarito-Umbrella, AD Gulas (all textile factories based in Ilupeju, in Lagos). Others are Five star, Afprint, Daltex, Varaman, Royal Spinners, GDM, Aswani, Arcee, Rekha, King Carpet, Emar, President, Elite, Moon Diamond, Pacific, Eurosport, Barclays Clothing, ITI, Wabterry, Nigeria Fishing Net, Shiram, Monarch, Aflon (all based in Isolo), Texlon, Diamond Spinners, United Spinners, Top star, Tarpaulin, Steep, Coats West Africa, Panache, Pyramid, Central Bag Subaco, Globe Spinning (based in Amuwo Odofin). Abel Abu, First Spinners, Century and Platinum (based in Ikorodu), Kay Industries, NTM, Specomill, Reliance, Oriental, Madhu and Encee (based in Ikeka.) Vanguard investigation confirmed because of unstable and failing power supply, Gombe based Ashaka Cement shed its work force from 2000 to 200, Lafarge, Ewekoro, ogun state, 1500 to 250 and its plant in Shagamu, 1500 to 250. Investigation has also revealed that companies like Cadbury, Nestle foods have for the past 15 years not used public supply to power their plants because of the sensitivity of their equipment that must not be exposed to even a minute power failure. At the kick-starting of a national mass protest in Lagos against steady de-industrialisatio n of Nigeria as a result of increasing factory closures and the urgent need to re-industrialise Nigeria, Private Sector Union (PSU), shouted it loudly that lack of steady power supply had remained the greatest threat to the manufacturing sector in Nigeria and called on government to urgently address the issue. Speaking to Vanguard, General Secretary of the National Union of Textile and Garment and Tailoring Workers of Nigeria (NUTGTWN), Comrade Issa Aremu, lamented that in spite of huge money allegedly expended on the power sector, Nigeria is still walloping in darkness. He argued no country has even industrialised without stable power supply and advised government to wake up to its responsibility and guarantee the citizens stable power supply to kick-start economy to meet the challenges of the day. Again, in a pre-May Day Statement jointly issued by Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC), the two labour centres echoed the need for efficient power supply. The labour leaders used the opportunity to once again kicked against government full deregulation of the downstream oil sector of the economy in the midst of the global economic recession which serious economies in the world are bailing out companies and intervening in their economies to fight the recession. Addressing journalists on behalf of the two labour centres, Deputy President of NLC, Comrade Peters Adeymi, said: “We also note with grave concerns the decision of government to move for the removal of subsidies on petroleum and full deregulation of the down stream sector of the oil industry as part of the neo-liberal orthodoxies of the World Bank. This decision is contrary to approaches adopted by developed economies that champion the capitalism and the 'market logic'. These countries like the U.S, Britain, Germany, France, Spam and others have been using state funds in billion of dollars lo bail out industries in virtually all sectors as ways to preserve jobs, income and welfare of their people and their national economies. The point is that they recognize that the people and their citizens come first and so government must be responsive and responsible to the people. For our government, its strategy of solving the problem is high on promises and low on implementation.” “A quick example is Government planned disbursement of N70 Billion textile industry bailout that is yet to see the light of the day 3 years after such promise, but it took the Obama administration well under 90 days to get over $700 billion released and pumped into the I'.S economy. We in the labour movement call on Government to show similar commitment and patriotism exhibited by the Nigerian people through demonstration of concrete political will in tackling these economic crises. We are quick to reiterate that we reject government renewed bid to remove subsidy and the implementation of full deregulation of the down stream sector of the oil industry. The multiplier effects will exacerbate hardship and poverty amongst our people, just as the timing is wrong, the logic of the policy is also skewed in favour of the few elites in society and anti-people.” http://www.freesunpower.com/ http://www.clean-energy-ideas.com/articles/build_your_own_solar_panel.html http://www.globalsources.com/gsol/I/Portable-solar/p/sm/1010757986.htm http://www.solar-power-answers.co.uk/index.php
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