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Is it sheer coincidence that Olusegun Aganga was made Chairman of the IMf/World Bank and now the senators have appeased the World Bank by accpeting the GJ loan ?

Senate Approves FG’s $915m World Bank Loan

Senate yesterday approved the request by the Acting President, Dr. Goodluck Jonathan, to borrow $915 million (N138.165bn) from the World Bank.
Jonathan said that $179 million (N27.02bn) out of the total loan package would be utilized for the funding of the 2010 budget.
He had said in his letter to the National Assembly that the loan would be used to finance development in critical sectors of the economy.
Before approval was given, Chair of the Senate Committee on Public Accounts, Senator Ahmad Lawan (ANPP, Yobe North) demanded clarification on the expenditure plan for specific projects and communities that are expected to benefit from them.
photo:Segun Aganga World Bank chairman and Minister of Finance
Lawan said this would have bolstered a better appreciation of the projects instead of the wide scale listing of projects such as powers and rural development.
According to him, “In as much as I support the loan, I want to know what exactly are those projects that the money will be used for. I think it will also be proper for the government to tell us the communities that will benefit from the loan in the rural areas development scheme.”

Chair of the Senate Committee on Information and Media, Senator Ayogu Eze (PDP, Enugu North) said the loan would bolster development in the country.
According to him, “We found out that it was a worthwhile development to support our Acting President’s request to draw from the World Bank.

“The loan will support development of our energy sector, support opening of the rural areas, support the governors in providing infrastructure. We look back at it and consider it in order.”
Eze added, “We should be cautious about the loan; it should not be about borrowing but about the utilisation.
“The areas that have been outlined for this loan are critical, urban and water transport, human capacity development and power infrastructure development projects across the country.
“We should ensure that this loan is frugally managed so that we do not slip into where we are coming from.”
The House of Representatives had last week considered and approved the same request.
Read more…
Once the most prestigious airline to fly with ,

Today,Aero Contractors, one of Nigeria’s oldest commercial airline involved in domestic and regional transport business, may suspend its flight operations following accumulated debts of about $200m.

The airline, which has been in regular negotiations with its banker (Oceanic Bank Plc) for about six months, disclosed that it has now reached a point where it is difficult for the carrier to operate on the terms of discussions with the financial institution.

“Though flight services might be affected if this continues, Aero is still flying and operations are still on,” said a reliable source at the carrier on Tuesday in Lagos.

Meanwhile, the airline in a statement “regrettably” disclosed that the unilateral decision taken by the bank on the morning of April 23, have effectively prevented the carrier from paying its suppliers and lessors, including Canadian Helicopter Company (CHC).

“The dilemma centres on the allocation of historical debt. The management teams at Oceanic Bank and Aero have been in constant dialogue about this matter for the previous six months. However, they have been unable to agree on a resolution that will allow Aero to continue trading as a going concern,” said the carrier in a statement.

The carrier, however, disclosed that it has approached Nigeria’s minister of aviation, Fidelia Njeze; the National Security Adviser, Aliyu Mohammed; and the Director General of the Nigerian Civil Aviation Authority (NCAA), Harold Demuren, in the belief that they will intervene as an arbitrating party between Aero and Oceanic.

Commenting on the development, the airline’s chief executive officer, Shaf Syed, disclosed that the carrier is poised to set itself on a better pedestal, regardless of the thorny condition.

“Despite the difficult situation that Aero finds itself in today, I am sure the strategic importance of Aero Contractors to the national economy will be appreciated and good sense will prevail all around,” he said.

“We have every confidence that Aero will be able to set itself on a good platform and we look forward to a bright future, serving a third of the Nigerian Oil & Gas industry and 1.5 million passengers each year.”

It would be recalled that Aero Contractors commenced the online sales of reduced promotional airfares varying from N7,000 to N3,000 across all domestic routes, which it covers for one way trips.

The airline, which is notable for the introduction of online check-in of passengers, recently introduced an advanced pricing strategy and price optimisation application called Aviator, which has a capacity of making available 26 different types of fare on every flight for passengers.

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Marked for Deportation, Ghanaian Scholar Cries for Help
Malam Issah Hassan Tikumah, a former Social Studies lecturer at the Ahmadu Bello University, Zaria has alleged that he is being hounded by security men and some “reactionary forces” because of a book he wrote on the niqab (face veil worn by Muslim women). He said he now lives in fear. In a letter to THISDAY editor, Tikumah, who is a Ghanaian, revealed that his troubles started early this year when he published a book titled, Niqab (Face-veil): An Exemplary Sunnah or a Repugnant Innovation? He said some people, who opposed the contents of the book, threatened violence. To pacify them, the management of the university stopped the publication of the book and sacked him with immediate effect.

But his problems did not go away after the sack. He was detained by the police and some people wrote a petition to the state government. “It is a book I have published with all the necessary facts and yet I’m being treated like a hardened criminal just because some reactionary elements within the society are against that book. More than a month after my release or bail, I still have to report to the security everyday like a criminal whose run-away from prosecution is not unexpected – all this trouble for merely publishing a book some people are not happy with!”

Though some of his students have protested his sack and shabby treatment, he noted that security agencies have continued to harass him, threatening him with deportation in spite of the fact that he has “lived in Nigeria for the last 12 years, received my higher education in Nigeria and three of my children are Nigerians by birth.”
He said the most worrying aspect of the security treatment is the insistence of some policemen that they are watching him and would deal with him anytime they are ready, stressing that they now call him a “CIA agent disguising as a Muslim” so that they can easily hang him..
Tikumah rued the fact that he is being treated so badly despite the fact that he has “been struggling for the cause of Islam for the past 31 years.” He said, “And how could anyone accuse me of threatening peace and security in Nigeria when I have spent a great deal of my time, energy and money over the years working to foster peace and security in Nigeria?”
Read more…

•Settle for VP, Northern leaders tell Ag. President
•Odili, Nnamani, Tinubu, others lobby IBB for VP
From former President, Chief Olusegun Obasanjo, has come a word of advice for the Acting President, Dr. Goodluck Jonathan: Do not contest for the presidency in 2011.


Sources said Obasanjo offered the advice based on reports that some close aides of the Acting President have been mounting pressure on him to be a part of the 2011 elections as a presidential candidate..


Added to this was the fact that Jonathan did not give a clear cut answer to whether he would contest or not when he was asked the question on a Cable News Network (CNN) programme anchored by Christiana Amanpour.


It was gathered that Obasanjo told Jonathan that rather than allow his candidacy to generate more tension, as it has been doing already, he should opt to be the running mate of any Northerner who emerges the candidate of the Peoples Democratic Party (PDP).
Based on an unwritten agreement, the PDP, on which platform Jonathan and President Umaru Yar’Adua were elected, has zoned the presidency to the North for eight years, beginning from 2007.


According to our source, Obasanjo was not specific in the choice of the candidate Jonathan should work with.
The source hinted that the new plan will make Jonathan continue as the vice-president till 2015 when the presidency will then return to the South, a time it is believed the Acting President should wait for.


Obasanjo reportedly told Jonathan in a telephone conversation that it is only then that the Acting President could be sure of a bloc vote from the North for his ambition.
But it could not be confirmed if Jonathan has agreed to the plan though he hinted in the CNN interview that he could continue as the vice-president in 2011.


Sources said this was also the position taken by some prominent political leaders from the North on the 2011 elections.
Sources told the Nigerian Compass that all prospective presidential candidates from the North have an unwritten agreement that once Jonathan indicates interest, he should be made the vice-presidential candidate for the election.


Among those said to have agreed to the agreement were former Vice-President, Alhaji Atiku Abubakar; former military President, General Ibrahim Babangida (rtd); former military Head of State, General Muhammadu Buhari (rtd); and the National Security Adviser, General Aliyu Gusau (rtd).
It was gathered that the thinking was that in the event that Yar’Aua could not continue in office as a result of his ill-health, any Northerner who wants to take over would do injustice to Jonathan by denying him a second term in office as the vice-president.


Though several politicians have been lobbying the Northern candidates, sources said the preference is still for Jonathan to emerge as the vice-president in order to be fair to him and also placate the people of the Niger Delta, especially those urging him to seek the office of the president.


It was learnt that some Northern leaders have already reached out to Jonathan on the need for him to accept the vice-presidency offer in 2011.
They were said to have told him that based on the unwritten agreement of the PDP as it relates to the presidency, Jonathan should settle for the position of the vice-president.
A source said, “There seems to be a twist in the crisis rocking the PDP.


“Obasanjo has told Jonathan to back down on his presidential ambition till 2015.
“The plan is to make Jonathan continue in office as the vice-president till 2015, when the presidency will be zoned back to the South.
“We do not know how Obasanjo came about this decision, whether he has some agreement with any Northern group or not.


“I cannot also tell whether Jonathan has agreed to the plan or not but the situation of things right now is that Obasanjo has told Jonathan to step down his presidential ambition.”
The source, who is a member of the PDP Reform Forum, which is rooting for Jonathan’s emergence as the PDP flag bearer in next year’s presidential election, further told the Nigerian Compass that there would be no let up in the campaign for the Acting President to contest.


The would-be Northern candidates, sources from two of the camps told the Nigerian Compass, have started building on this directive to have Jonathan as the vice-presidential candidate.


However, there are fears among those in the two camps that the in-fighting among politicians from the South-South could spell doom for anyone who opts for a candidate from that zone as vice-president.


A source said, “If for instance my boss should pick the Acting President, we still have to contend with the Bayelsa State Governor, Chief Timi Sylva, with whom the Acting President has a rift.


“It is either the rift is settled or Sylva mobilises against the joint ticket Jonathan will be flying.
“The same thing goes for most states of the South-South.
“In Rivers, the governor is on the war path with his predecessor.


“In Edo, the governor is at loggerheads with the political heavyweights in the state.
“There is no South-South state where things are settled politically as we speak.


“So anyone looking in that direction has a lot of work to do in terms of settling issues among the stakeholders.”
Sources told the Nigerian Compass that owing to this development, the Northern candidates have started looking in the direction of the South-East and the South-West for possible running mates.


It was gathered that the Northern candidates are already considering a former president of the Senate from the South-East and two serving governors from the South-West.
Indeed, pressure is said to be more on Babangida as those angling for a shot at the vice-presidency from the South have been bombarding him with requests for the ticket.


Top on the list of those who have reached out to Babangida, most of the time subtly, are a former President of the Senate, Chief Ken Nnamani; a former Governor of Rivers State, Dr. Peter Odili; Sylva; the Governor of Edo State, Comrade Adams Oshiomhole; former Governor of Lagos State, Alhaji Bola Tinubu; and the Governor of Akwa Ibom State, Barrister Godswill Akpabio.


The source said, “We have a deluge of serving and former state governors jostling to become the running mate to IBB (Babangida).


“They are mostly from the South-South.
“We are weighing our options on who we will pick as our running mate.
“And the consideration is to look for a candidate who will add tremendous electoral advantage to the ticket and not a political liability.”
Read more…

Has Bobby Brown died? No, he’s not dead

A lot of websites are claiming that Whitney Houston’s ex-husband, singerBobby Brown, has died of lung cancer. News Provider has checked this rumor and tells you that the singer is very much alive.

The rumor about Bobby Brown’s death has surfaced on microblogging site Twitter, where most rumors take shape these days. For a few hours, everybody started looking around the internet to see if there is any truth to it. Bobby Brown was claimed to have died of lung cancer. The rumors seemed believable especially since the singer has had numerous drug problems in the past, during his marriage to singer Whitney Houston (that had drug problems of her own for many years) and after. He was also reportedly late on child support payments some time ago.

Still, nothing like that happened, since the singer is on tour with his band Heads of State. According to their MySpace page, their last show was on April 24 at the Paradise Theatre in Bronx, NY, and they are set to play the 2010 Funk Fest in Jacksonville Florida on May 7 and the Summerjam 2010 in Atlanta, Georgia on June 26.

The Heads of State includes, alongside Bobby Brown, former New Edition Johnny Gill and Ralph Tresvant.

Now that would have been a hoot dead president !

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Oceanic Bank Plc has frozen Aero Contractors’ account with it over an estimated debt of $200m (about N30bn), an authoritative source at the airline told our correspondent on Monday.

According to the source, a six-month old controversy over the status of the alleged debt led to the freezing of the airline’s account by the bank on Friday.

However, a spokesman for Oceanic, Ms. Nonye Ugwujide, said in a telephone conversation with our correspondent on Friday that she had not been briefed and, therefore, could not comment on the development.

But, Aero, which confirmed the development in a statement on Monday, said it might soon stop operations because of the unilateral action by Oceanic on Friday.

The airline said the decision by Oceanic had stopped it from paying its suppliers.

The airline said it had approached the Minister of Aviation, Mrs. Fidelia Njeze; National Security Adviser, Lt. Gen. (rtd) Aliyu Muhammed; and the Director-General, Nigerian Civil Aviation Authority, Dr. Harold Demuren, to intervene.

The statement by Aero’s Managing Director, Mr. Shaf Syed, which was obtained through email, read in part, “Aero has been locked in discussions with its bankers for some months now and it has now reached a point where it is difficult for Aero to operate on these terms.

“The dilemma centres on the allocation of historical debt. The management teams at Oceanic Bank and Aero have been in constant dialogue about this matter for the previous six months; however, they have been unable to agree on a resolution that will allow Aero to continue trading as a going concern. ..

“Regrettably, Oceanic took unilateral decisions on the morning of Friday April 23, 2010, which have effectively prevented Aero from paying her suppliers and lessors (including the Canadian Helicopter Company).

“Aero has approached the Minister of Aviation, Mrs. Fidelia Njeze; the National Security Adviser, Lt. Gen. (rtd) Aliyu Mohammed; and the Director-General of NCAA, Dr. Harold Demuren, in the belief that they will intervene as an arbitrating party between Aero and Oceanic.

“Aero, for its part, needs to complete the full cycle of turn-around that was started last year. The company has new management with a new vision, and is in the process of bearing the fruits of financial success.”

Syed added, “Despite the difficult situation that Aero finds itself in today, I am sure the strategic importance of Aero Contractors to the national economy will be appreciated and good sense will prevail all around.

“We have every confidence that Aero will be able to set itself on a good platform and we look forward to a bright future, serving a third of the Nigerian oil and gas industry and 1.5 million passengers each year.”

Read more…
The embattled Chairman of the Peoples Democratic Party, Chief Vincent Ogbulafor, stayed away from the party's headquarters in Abuja on Monday as an Abuja High Court ordered him to appear before it on May 3.


PDP National Chairman, Vincent Ogbulafo


A source in the party who defended Ogbulafor's absence from office, said he chose the option for fear that he might be arrested by the Independent Corrupt Practices and Other Related Offences Commission.

The commission had dragged the PDP chairman to the Abuja High Court for allegedly defrauding the Federal Government of N170m in 2001.

Our correspondents report that the PDP chairman may also have gone into hiding to frustrate the attempt of the ICPC to serve him the writ of summons personally.

The anti-graft agency, in a ex-parte application sought the leave of the court to prefer charges against Ogbulafor and for him to be served with a writ of summons personally.

Our source in the PDP said that it was unusual for Ogbulafor to stay away from his office especially at a time he was expected to be busy preparing for the party's National Executive Council meeting scheduled for Tuesday (today)..

He said, "We were surprised that we did not see the chairman in office. It was very unusual of him to stay off in a day like today (Monday) when all members of the NWC were here to put finishing touches to tomorrow's NEC meeting.

"The reason might be because he feared that he could be arrested or could be harassed because of his corruption trial by the IC P ."

Our correspondents learnt that some governors' sympathetic to Ogbulafor, advised him to ensure that he was not detained ahead of the NEC meeting.

The plan, it was further gathered, was for Ogbulafor to come to the NEC meeting when almost all the PDP governors had arrived or even come with one of them.

Efforts made by one of our correspondents to reach Ogbulafor were unsuccessful as calls made to his mobile telephone indicated it was switched off.

However, his spokesperson, Mr. Chijoke Adindu, said he was not hiding.

Adindu said Ogbulafor was in his house and that there was no basis for him to go underground since he was yet to be served with court processes by the ICPC.

He said, "How can he hide? He is at home. Remember that nobody has even charged him to court? He has not been served any paper. So, there is no basis for him to hide."

When asked why his principal was not part of the officials of the party to co-ordinate preparations for the NEC meeting, he declined to respond.

An Abuja High Court had early on Monday ordered Ogbulafor to appear before it on May 3 to take his plea for allegedly defrauding the Federal Government of N170m while in office as the Minister of Special Duties in 2001.

Justice Isaq Bello gave the order while ruling on an ex-parte application brought by the ICPC through its counsel, Mr. Paul Bassey.

In his ruling, the judge ordered that Ogbulafor and others charged along with him should appear before him for their arraignment. He directed that the charges be served on them personally.

The co-accused are Mr. Emeka Ebilah, Secretary/Member of the National Economic Intelligence Committee; and Mr. Emmanuel Bosah, Director, Budget Implementation, Federal Ministry of Finance .

Bello said, "The accused persons are hereby ordered to appear before the court on May 3. The prosecution is at liberty to apply for an order of arrest and detention where they are in doubt that the accused persons will not be available for trial."

The ICPC had last week filed a criminal charge at the court against Ogbulafor.

However, the judge turned down a request by counsel to Ogbulafor, Mr. Joe Kyari-Gadzama (SAN), to get the court to stay proceedings on the matter.

Bello overruled him on the grounds that the matter before the court was for the ex-parte application brought by the anti-graft agency for leave to prefer charges against the accused persons.

A copy of the charge obtained by our correspondent showed that Ogbulafor and his co-accused committed the offences sometimes in March 2001.

Count one of the charges indicated "That Ogbulafor , Ebilah and Bosah in the month of March 2001, fraudulently received through a proxy, Henry Ikoh, the sum of N82,631,03.41 from the Federal Government of Nigeria in the name of a company Henchriko Nigeria Limited as payment for a fictitious contract purportedly executed for the Federal Government."

The action, according to the ICPC is contrary to Section 19 of the ICPC Act 2000.

Ogbulafor, Ebilah and Bosah were also accused of conspiracy to use NEIC contract verification panel to verify a fictitious contract purportedly executed on behalf of the Federal Government by Henchriko from which they received N82m.

The PDP chairman was also accused of using his position as Minister of Special Duties to confer corrupt advantage upon himself by fraudulently receiving from the Federal Government N11.5m as payment for a fictitious contract.

The said money was allegedly received through a proxy, Chris Abuajah, in the name of a company DHL Consultants.

In count five, the three accused persons were charged with using their positions to confer corrupt advantage on themselves by fraudulently receiving from the Federal Government through a proxy, Sunday Nmesirianye, the sum of N13. 7m in the name of Emeprol Co. Limited.

Similarly, Ogbulafor and the two accused persons were charged with receiving fraudulently the sum of N6.2m from the Federal Government through a proxy, Chekwas Obinna, using the name of a company Chekwas Industries Limited as payment for fictitious contract executed on behalf of the Federal Government.

Out of the 16 count- charges filed against the suspects, Ogbulafor would answer to 12.
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Notice to Nigerian men If you want more than one wife marry more than one wife .Simple Stop this cheating !
Hugh Hefner has some choice words for Tiger Woods and Jesse James.

As previously mentioned, Hef celebrated his 84th birthday over the weekend with main squeeze Crystal Harris in Las Vegas.

Asked by Page Six what he thought of the married cheater, Hef said. "When you get married, you make a commitment. I had a lot of girlfriends, but it's not the same as cheating. I don't cheat. I am very open about what I do . . . Sandra Bullock's husband looks like a real creep. I think that when you are in a relationship, you should be honest. The real immorality of infidelity is the lying."

He also talked to Las Vegas columnist Norm:

Does he think golfer Tiger Woods can overcome his playboy transgressions ?


"He can if he wants to. But this whole idea that it's a sex addiction is a copout. Some people become obsessed with sex, but it's not like an alcohol or drug addiction. He did it because he could get away with it."
Read more…

It sounds an impossible challenge: to make love every day for a month. But a series of studies have found that as well as bringing you closer together, it could help improve your well being. SARAH KAVANAGH, 31, a project co-ordinator, and her husband Colin, 40, a builder, from Cheshire, decided to try it. So how did they fare? Sarah says:

On the eve of the 12th anniversary of our first date, I told my husband Colin that I'd got him a very special gift that would remind us both just how much we still mean to each other.

As he tried to guess what it might be I assured him that this was something far more meaningful than a weekend away or a blown-up photograph from our wedding album.

His gift was, in fact, to make love with me every day for the following month.

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Happy bedfellows: Sarah and Colin Kavanagh wanted to revive their romance

Colin's immediate reaction, just as I'd hoped, was to look like a man who'd been told he'd won the Lottery.

But almost immediately his face then fell.

'We used to have sex every day as a matter of course,' he said grumpily. 'Now you're offering it up as a gift and I'm supposed to be grateful?'

This really wasn't what I'd expected, having just offered love on request to the man I married seven years ago and who is always bending my ear that we don't do it enough. Somehow my well-meant offer had suddenly brought us to the brink of a row.

I'd come up with the idea because, in common with so many couples, in recent years lovemaking had been relegated in my agenda.

Unlike the heady days when Colin and I first met, now there is always something else that takes precedence - from work to domestic chores and even the simple pleasure of a full night's sleep.

When we met, I was 19 and Colin ten years older - the sexual attraction was mutual and instant. For the first few months, our passionate love life defined us, but as months turned to years and we got engaged and then married, things inevitably changed.

Over time, familiarity, the stresses of work and day-to-day life and the fact my sex drive just isn't what it used to be have combined to dampen the passion we once took for granted.

Colin was 'delighted' with Sarah's special anniversary present

Groundhog Day: Colin was delighted then concerned that Sarah's special anniversary 'present' would take the spontaneity out of their love life

These days we make love about once a week. And, in common with many of my friend's husbands, Colin regularly complains that this just isn't enough.

Which is why I'd presumed that this gift would be welcomed rather than the cause of a row.

Later that evening, we talked it through.

'At least when we do it, it's spontaneous,' Colin told me. 'You putting it into your diary isn't exactly a turn on.'

But despite his reservations, we decided to give it a go.

Somehow I felt certain that in the years ahead he would look back on this as the most intimate gift of our marriage.

DAY ONE

There's no time like the present, so, for the first time in at least five years we make love on a work day before I've even put the kettle on.

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So much for Colin worrying about this taking the spontaneity out of sex: this feels impulsive and slightly wicked.

I arrive at work with a smug smile on my face (though guiltily note that this also means I'm off the hook at bedtime, having done the day's deed already).

DAY TWO

Home from work later than usual, I walk in to find the table beautifully set with candles and flowers and dinner in the oven.

The last time Colin did this was our wedding anniversary, but this is just an ordinary evening. It's amazing what the promise of frequent sex brings out in a man.

DAY THREE

Home to find the table set and Colin's cooking again - I could get used to this. I feel spoilt, especially when he refuses to let me wash up and sends me upstairs for a soak in the bath. This is beginning to feel as much a gift for me as for Colin.

DAY FOUR

I've stayed late at work and missed the last bus home, so I've had to fork out for a taxi when I'm dangerously close to payday. I'm in a foul mood when I walk into the house and am greeted by the same scene as the last two days.

'God, this is starting to feel like Groundhog Day,' I snap unkindly. We eat in silence, and I start to feel guilty when I think how much effort Colin is making. 'Leave the dishes,' I tell him. 'It's time for your present.'

DAY FIVE

Last night could so easily have ended with us going to sleep not speaking after I arrived home so tired and grumpy.

Instead we slept wrapped up in each other's arms, just like the old days. It's Saturday, so we're less restricted on when we can make love. We decide to get our chores done: the house needs cleaning and Colin needs to tackle the garden.

We're shattered and fall asleep on the sofa. Colin's snoring wakes me up just before midnight. 'Quick,' I tell him, as I shake him awake and push the cats out of the room. 'Otherwise it won't count.'

DAY SIX

Sundays in our house are normally lazy affairs, but today we've got a christening to go to and we're running late.

We vow to make love as soon as we get home, but while Colin doesn't drink, I'm partial to champagne, and it's been flowing all afternoon.

Back home, all I want to do is go to bed and sleep, but, of course, I can't.

Sarah & Colin Kavanagh

Struggle: Sarah has to wake Colin up on day five to make love before midnight so that 'it still counts'

DAY SEVEN

I'm beginning to wonder if this was such a good idea.

Last night, love-making felt like a chore for the first time, and because neither of us was particularly in the mood we just went through the motions.

I'm not looking forward to bedtime and Colin admits he's not interested either. Sure enough, we fall asleep without any marital relations taking place. Looks like this could be over before it got started.

DAY EIGHT

I wake up cross with both of us that we've given up so easily, and tell Colin we've got to make up for last night by making love twice today.

We tackle the project with renewed vigour before work and then again straight after dinner.

'At least now we can go to bed and go straight to sleep,' says Colin. I feign indignation, but he's only said exactly what I was thinking.

DAY NINE

Colin wakes up hoping for a repeat performance of yesterday, but I'm not playing. I have to be in work early. 'Tonight, I promise,' I say as we kiss goodbye.

What's normally a brief kiss turns into a passionate one - not bad considering we've been together more than a decade. I think about Colin regularly through the day.

DAY TEN

My sister calls to remind me that I've promised to baby-sit my 11 and 14-year-old nieces this weekend. I tell her that I'm worried this might impact on our lovemaking.

'Welcome to my world,' she scoffs, before telling me I can't back out on my sisterly duties. I tell Colin that we have to practise being very quiet.

DAY 11

The girls arrive armed with DVDs and bags of sweets, and announce they want to stay up really late, just like they did last time they stayed over. By 11pm, I'm pleading with them to go to sleep.

'Forget it,' I snap at Colin when I finally get under the duvet. There's no way I can do that with the girls awake on the other side of the wall.

DAY 12

'I've lost 2lb. All this extra exercise is doing me good'

Little wonder couples with children complain they don't have enough sex: finding an opportunity with these two in the house is all but impossible.

In the end, I send them out with a long shopping list, set the timer on my phone to go off in ten minutes and drag Colin upstairs. 'Look on it as a challenge,' I tell him.

DAY 13

The girls go home and we've got the house to ourselves. Midmorning I say breezily: 'I'll just vacuum and then we can go to bed.'

Bad move. I accidentally suck up one of the girl's hair bobbles and it gets stuck in the machine.

It takes Colin an hour to get it going again, by which time love is the last thing on either of our minds. But we do it anyway and then go out for lunch, something we realise we just don't do often enough.

DAY 14

I go out for a drink after work with a girlfriend and tell her about our project. 'You must be mad,' she says, before warning me that our friendship will be ruined if Colin or I tell her husband what we're up to. 'Don't you dare go giving him any daft ideas.'

DAY 15

I'm going to be working late tonight, so I set the alarm for 6am so we can get our duties out of the way before the day gets started. Colin grunts when I try to nudge him awake. 'I need my sleep,' he groans.

Maybe he'll be a bit more understanding when he's in the mood for love and I say that I'm too tired.

DAY 16

Friends come round for a midweek dinner and comment on how attentive we seem to each other. I keep quiet about why, having taken note of my friend's reaction earlier in the week, but throw Colin a wink.

We're definitely a lot more tactile with each other, and have started flirting again.

DAY 17

I spoke too soon - we've had a huge row over the fact that Colin forgot to put out the bin last night and now we're up to our eyes in rubbish.

He can't see why I'm making such a fuss, which only makes me madder. The last thing I want to do is to make love with Colin. Normally something like this would be the perfect excuse to withhold sex, but that's not an option.

It's difficult to stay cross with someone you've made love to - Colin promises to make a trip to the tip and all is forgiven.

DAY 18

I've got a streaming cold and a headache. Colin is keeping his distance. 'What about a cuddle?' I ask as I splutter into a tissue. 'No thanks,' says Colin. 'I'm sleeping in the spare room.'

DAY 19

Still poorly, so I stay in bed. Colin spends the day bringing me hot drinks and homemade soup, and does all the housework so I can rest.

He's never been this attentive when I've had a cold before - all this lovemaking has made him a changed man.

DAY 20

The weekend has been a write-off on the sex front, yet Colin and I feel closer and more relaxed than we have in a long time.

It brings it home to me how important regular sex in a marriage is to nurture the bond you share.

DAY 21

Back to work, and I'm almost restored to full health. I send Colin a flirty text hinting at the fun we'll be able to enjoy when we see each other later. I can't believe I'm chatting up my own husband.

DAY 22

I notice that my trousers are a little looser, so I step on the scales and discover I've lost 2lb. All this extra exercise is doing me good.

DAY 23

A friend is in town and stays the night. I'd emailed her at the start of the month and told her what we were doing, which she brings up over dinner, joking that we'd better not keep her awake tonight.

This puts Colin in a bad mood because I've let slip what we're up to, and when she goes to bed he has a go at me for being indiscreet. I try to laugh it off, but he's really cross about it. He refuses to make love. I lie awake fuming - isn't it supposed to be the woman who withholds favours?

DAY 24

Colin wakes feeling guilty and suggests we make up for missing out yesterday. I realise that the argument will only escalate if I refuse. Instead, we make love and the grumpiness vanishes. We make love again that evening, our row long forgotten.

DAY 25

I meet my mum for lunch and she comments on how fresh-faced I appear. 'Have you discovered a new foundation?' she asks.

I must say I feel more attractive and better about myself than I have in years. Feeling desired does wonders for a woman's self-esteem.

DAY 26

I'm having to factor in an extra ten minutes into my daily grooming regime so I can shave my legs, and I'm wearing more make-up than usual.

I'm going to continue with this after the month is up - it's nice to feel groomed, whether it's with sex in mind or not.

DAY 27

We're near the end of Colin's gift, so we decide to spend the entire day in bed, just as we did on Sundays when we first became a couple. It's not just about sex - it's about relishing shutting out the rest of the world. We'd like a family, so we need to make the most of days like this.

DAY 28

We've made love 25 times in 28 days, and there's no question that we've grown closer as a result.

I thought I might be relieved to get to the last day, but I'm just determined to make sex far more of a priority than it used to be.

My friend has lent me a DVD I've wanted to watch for ages, so I put it on after dinner. Colin and I cuddle up on the sofa together to watch it - normally he spreads out on one chair while I take over another.

'When did we stop doing this?' I ask him. We go to bed tired and we've got work in the morning.

'Let's just cuddle,' says Colin, and as we drift off to sleep it feels like the perfect end to the present that ended up being a gift not just for Colin, but for our marriage, too...

Read more…

Well not exactly yet as our juliet has not decided yet to join him .

A heartbroken pensioner who thought his wife was going to die killed himself near the spot where the couple first courted - only for her to get better.

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The body of 84-year-old Reginald Heydon was found by police in the River Trent at Shardlow, near Derby, more than three weeks after he disappeared.

An inquest heard that at the time he went missing, Mr Heydon's wife of 60 years, Marjorie, 83, was in a critical condition in hospital.

Derby Coroner's Court was told doctors had told Mr Heydon and his family that his wife was not expected to live much longer.

Hours later on November 2 last year, the pensioner wrote a note to his family, left his home and was never seen alive again.

But in a tragic twist, his critically ill wife recovered from her illness and was discharged from hospital.

Last night Mr Heydon's son, Paul, said: 'We had the impression she had hours to live. We were told that on the day that she went into intensive care.'

But after his father had been found dead, his mother recovered and was able to come home.

'That was the real tragedy. If only he had waited,' he said.

Derby and South Derbyshire Deputy Coroner Louise Pinder said the note Mr Heydon left had made it clear what his intentions were.

She said: 'The contents of the letter do suggest he was contemplating taking his own life. There was a suggestion he was going to the river.'

Despite a police search involving helicopters, dogs and a special task force to search the river his body was not found until November 25 by a passerby.

Acting Sergeant Robert Buckley told the court that the area had a significance. He said: 'The river had been a courting area to which they went.'

A postmortem examination carried out on the body gave the cause of death as a vasovagal attack - a nervous attack leading to fainting - caused by submersion in cold water.

Ms Pinder said he would not have suffered. She gave a verdict that Mr Heydon had taken his own life.

The court heard that, during his later years, Mr Heydon had been inclined to drink to alleviate anxiety.

He was taking an anti-depression and his the deterioration of his wife's condition in hospital had exacerbated that.

The inquest was told his wife had undergone surgery at the Royal Derby Hospital for a swallowing problem, after which her condition became critical.

Mr Heydon said of his father: 'When the news came about mum he seemed like he knew how serious it was.

'He had accepted things were not going to be the same. But she got better and she was able to come home afterwards.'

Read more…

Made in Naija satellites for launch in October

Can ET phone home ? Can the extra terrestrials which seem like aliens unseen in our Engineering Technology now REALLY make a satellite ?

Convinced that Space Science is critical in the development of any nation, Nigeria has completed work in the building of two more earth observation satellites, NigeriaSat 2 and Nigeria Sat X, said Seidu Mohammed, the Director General of National Space Research and Development Agency, NASRDA.

Mr. Mohammed, who stated that the satellites will be due for launch on October 2010, adding that specifically, the Nigeria Sat X was designed and built by 27 Nigerian Engineers.

“Satellite projects, like building projects, are in phases. We have finished most of the phases. The spacecraft are now ready. The Nigerian engineers were there to design and implement Sat X and they have done that and are back home.

“The next stage is to move the satellite to the site for launch. It takes a lot of time, the launching company has to look through its programme, get itself ready and by October, the satellite will be launched,” he said.

He further stated when the two satellites are eventually launched, they will impact positively on agriculture, defence, and almost all other sectors of the Nigerian economy.

“The fact that Nigerian Engineers designed and built Sat X brings confidence into us that it is possible here. We are going to provide data for efficient agriculture all over Nigeria, and the launch of Sat 2 with 2.5m resolution enables all cities to go ahead with cadastral plan to have information to increase their revenue, as Lagos State is doing now, and provide enough information about cultural development in terms of soil characterisation, water resources development, road corridor selection, and so on,” Mr. Mohammed said.

He also noted that Nigeria’s foray into the space science and technology world has enabled the development of a critical mass of space engineers, revealing that 15 engineers were trained for NigeriaSat, which will expire by December 2010. 54 were trained for NIGCOMSAT-1, while 27 were trained for Sat 2 and Sat X, with an additional 25 Scientists trained in geospatial application.

He added that it was only right for Nigeria to build its own satellite, considering the huge capital outflow to source satellite data. He said that today, space technologies have become integrated into everyday life, so deeply that modern and traditional societies cannot function without them.

“Survey conducted by NASRDA in 2004 showed that capital out-flow paid by African countries for their international telephone traffic is about $445 million per year, hence making tariff on communications the highest in Africa than in any other continent. Nigeria alone pays as much as $200 million per year to lease satellite transponders,” he said.

The Director General insisted that the space technology will help in addressing some environmental concerns in Nigeria.

“As a result of recent trends of earthquake in Haiti, Chile, Japan, and China and recent trends in crustal deformation in Nigeria, as evident by tremors in the country and continuous monitoring of Ife-Wara-Zungeru faults in Nigeria, the International Astronomy Agency, IAA, has approved the first expert study for Africa at the request of NASRDA,” he said.

“By this request, IAA is expected to put experts together all over the world to study the equatorial plane for the benefit of the countries within the equatorial region.”

Read more…

ABUJA—MINISTER of Finance, Mr. Olusegun Aganga, in Washington D.C. has emerged as the new Chairman of the Board of World Bank and International Monetary Fund, BWIs, after a keenly contested election.This was just as the World Bank indicated interest to carry out a comprehensive audit of the power sector in the country with a view to finding lasting solution to the power crisis.

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The move was a follow-up to the recent parley between Acting President Goodluck Jonathan and top management of the world financial body during his last visit to the United States, US.

Aganga told journalists at the meeting in Washington DC that the new appointment had further demonstrated the important role Nigeria plays in the global economic front.

He said: “As you are aware, Nigeria was elected as the chairman, board of the BWIs for the 2010 during the 2009 annual meeting held in Istanbul, Turkey. I am delighted to inform you that I have since assumed the responsibility of that office.”

The minister said the appointment was “a unique opportunity to serve” noting that such opportunities come once in every 20 to 30 years.

Describing the new role as a huge challenge, Aganga said he will not disappoint Nigeria and the international community that offered him the role under the current global economic recovery stage.

World Bank experts visit Nigeria for power audit

Meantime, a team of World Bank experts would be visiting Nigeria on May 10, 2010 for the exercise that would proffer solution to the power crisis in the country..

Addressing journalists at the World Bank/International Monetary Fund, IMF, 2010 Spring Meeting, in Washington DC, Aganga, who was joined by the Governor of Central Bank of Nigeria, Lamido Sanusi, said because the issue of power had become central to the nation’s economy, the Federal Government was determined to engage power experts in all the fronts to tackle the problem.

Aganga noted: “The meeting was very fruitful, as the bank stands ready to assist the country. The meeting resolved to have a comprehensive audit of the power sector. A World Bank mission to this effect is envisaged for May 10, 2010.”

He told reporters that the Federal Government power committee had done its audit of the power sector, noting that what the World Bank promised to do with Nigeria was to share their own understanding of the power problem.

“They also have information to share with us and that is what the May 10, 2010 meeting is going to focus on,” the minister said.

Asked what the federal government intended to do to meet the power needs of the over 140 million Nigerians, Aganga said the acting president had assured investors and power experts of creating an enabling environment, that is giving the legal framework, in the sector as well as aligning and identifying investors that will key into the energy sector infrastructure development.

He noted that since financing was not the problem militating against the improvement of the power sector in the country, the government would, this time around concentrate on execution and having a plan that “we will adhere to” as well as ensuring that there was continuity in the entire power arrangement.

Other areas the minister said the World Bank had shown interests to assist the country include ensuring a systematic engagement and consultations on issues relating to agricultural sector.

He said the bank was also supporting ongoing reforms in the banking sector and the proposed Asset Management Company; strengthening the supervisory and regulatory framework for the financial sector and support for the Small and Medium Scale Enterprises, SMEs, in the country.

The minister said the meeting with Oby Ezekwesili, World Bank Vice President, Africa region also provided the opportunity to follow up on wide range of issues discussed with the World Bank Group during the visit of Jonathan mid April.











Read more…
THE LAWSUIT involving Zenon Oil President, Femi Otedola, and Bank PHB turned messier on Friday as counsel for Bank PHB, Ajibola Aribisala, told the Lagos High Court that his client - Bank PHB Managing Director, Cyril Chukwuma - was threatened by Acting President Goodluck Jonathan to reach an amicable settlement with Otedola or risk sack.

Aribisala disclosed this while reacting to an oral application moved by Otedola's counsel, Kemi Pinerro.


Pinerro had told Justice Kazeem Alogba that Bank PHB, without an order of court, caused to be published in The Guardian last Thursday an advertorial of the motion on notice and the Mareva injunction issued by the court.
Photos:Otedola and Cyril Chukwuma
He said the action is contemptuous of court and an abuse of court process.

He urged the court to compel the bank to retract the publication, failing which it would amount to self help and trying the hand of the court.

Counsel to the other defendants - Zenon, African Petroleum, Afribank Registrars, Julius Berger, Skye Bank, and Zenith Bank - agreed with Pinerro.

However, Aribisala countered that he does not need the express permission of the court to publish court documents and a court order.

He said he adopted the measure based on threats against Chukwuma from Abuja..


He disclosed that apart from Jonathan making telephone calls to Chukwuma asking him to reach an amicable settlement with Otedola, his security details were withdrawn by the Inspector General of Police, Ogbonna Onovo, thereby exposing his life to danger.

Aribisala also alleged that Jonathan threatened to have Chukwuma fired if he refuses to withdraw the suit.

He said these are a few cases of the intimidation and harassment of his client since the commencement of the court case, and that Chukwuma would depose to an affidavit on the allegations.

He asked Pinerro to cite the Section of the law breached by the publication of the advertorial.

The court granted Otedola leave to do a retraction in The Guardian and adjourned the case for further hearing.

However, Bank PHB has obtained a Mareva injunction against Zenon freezing all its accounts in 10 banks in a bid to recover a N5.839 billion debt owed it by the oil marketing firm.

The order, made by Alogba, was sequel to a statement of claim issued by Aribisala on behalf of Bank PHB, which also asked the court to cause to be transferred to it all the funds in the 10 banks that have made returns in response to the order.


The accounts, containing a total credit balance of over N2.4 billion, are in Ecobank, Finbank, First Bank, Oceanic, Skye, StabicIBTC, Standard Chartered, Sterling, Unity, and Zenith.

They were identified upon an order made by Alogba directing all banks in the country to disclose Zenon's funds in their books.

Bank PHB's request, contained in a motion on notice, is in addition to an earlier order of Alogba freezing African Petroleum (AP's) account in the bank, with a credit balance of N2.317 billion.

AP is described as a member of the Zenon Energy Group of companies, with Otedola as Chairman.

Also to be affected is the N397.8 million allegedly owed Zenon by Julius Berger, which the court ordered to be paid into an interest yielding account in the name of its Chief Registrar.

These resulted from a suit filed by Bank PHB alleging that Zenon is owing it N5,839,709,439.91 as at January 11 in loans granted between 2007 and 2008.

The defendants are Zenon, Otedola, Afribank Registrars, and Julius Berger.


Bank PHB, in the motion for mareva injunction to freeze Zenon's accounts, said the order is to prevent it from dissipating its funds in the 10 banks, with the aim of frustrating whatever the court's decision may be in the substantive suit.

It accused Zenon of breaching the terms of the credit facilities by not disclosing its earnings from its sales, failing to remit the proceeds, not fulfilling its commitment to liquidate the debt, and avoiding its obligation to the bank.

Bank PHB averred, in a statement of claim, that in the course of its banker-customer relationship with Zenon, it granted the company various credit facilities between 2007 and 2008, with Zenon accepting all the conditions.

It added that at every occasion when loan was granted Zenon, Otedola "had always guaranteed due compliance, by the first defendant (Zenon), with the bank's (claimant's) stipulated terms and conditions of the respective facilities."

It averred that, as part of collaterals for the facilities, Zenon pledged, among others, the payment of rental proceeds from its property at 3B Agodogba Avenue and 12A and 12B Parkview Estate Ikoyi, Lagos.

Zenon also allegedly pledged dividends payment from its investments in AP for 2009 and 2010; its expected proceeds from Julius Berger for the supply of Automotive Gas Oil (AGO), and mortgage on its property at 1399A or 5 Tiamiyu Savage, Street, Victoria Island.

The bank accused Zenon of defaulting and refusing to abide by the conditions and, aside repaying a fraction of the loan, refused to honour demands made by the bank since the expiration of the facility.

Bank PHB averred that Zenon's failure to comply with the agreement led to the classification of its accounts as non-performing by the Central Bank of Nigeria (CBN), and contributed to why the CBN appointed a new management for the bank..

The case was adjoined to April 29.
Read more…
Why I decided to post this ?

1. Because it is true
2. Because I know Zenith Bank well and I'm not happy with the way the management are treating staff
3. Because the management of the bank is trying by all means to suppress this information by blocking news, information and blog sites within the bank. Can you imagine, blocking CNN, BBC News, Google, 234Next from the entire bank's internet access Hmm but not 9jabook !
4. Because the bank is busy paying off news media organisations not to publish this information

5. Because I honestly hope the bank can be more transparent

So here goes, the article is copied from a well known online reporting site and below are comments from readers. Even these reporters are trying to hide the news within their website. Maybe they've been compromised as well.attached are some comments from site .
READ ON !






A seeming board room crisis that may rock zenith bank to its foundation is currently brewing in the bank. It involves the loyalists of the current managing director and chief executive of the bank, Mr. Jim Ovia and the incoming successor and current deputy managing director, Godwin Emefiele.


Competent sources within the bank trace the imbroglio to the emergence of Emefiele, who has served Ovia as Deputy for eight years, as the new helmsman of the bank. Emefiele is said to be a mere puppet of Ovia and lacking in vision and direction which may explain why his appointment his yet to be ratified by the Central bank of Nigeria (CBN). It is said that Ovia and Emefiele are putting pressure on the CBN to approve the appointment of the latter to ensure the status quo remains long after Ovia’s exit in August 2010. The Central Bank of Nigeria (CBN) governor, Lamido Sanusi had earlier in January directed that all bank managing director who had served more than ten years in office should vacate their seats by July 31, 2010.

The subtle but fierce infighting among the board members came to a head two weeks ago when, according to sources at the bank, one of the younger executive directors, Apollos Ikpobe and Emefiele were engaged in an open war of words in the very glare of many members of staff, including those in the junior cadre.

A staff, who witnessed the show of shame but who will not want his name in print, said trouble started when Mr. Emefiele while presiding over a Credit Committee meeting, allegedly ordered a Deputy General Manager, Sola Ladipo, to present a Credit report which Ikpobe, his supervising Executive Director, had asked him to step down as the report did not contain all information necessary to scale through the committee screening. Our source added that the executive director, feeling slighted decided to excuse himself from the deliberation as his efforts to make Emefiele understand his position on the need for more information fell on deaf years. Events however took a turn for the worse as Emefiele, apparently feeling threatened by Ikpobe’s position, issued a query to Ikpobe for walking out of the meeting and went further to announce to everyone one’s hearing that the board had to choose between Ikpobe and himself, insisting that he could not work with some the current executive directors, particular Ikpobe. Emefiele was said to have told Ikpobe “you make me nervous, JO (Jim Ovia) will have to choose between the two of us”. It was revealed that this event led to a decision by Ovia, who controls the board of directors, immediately took sides with his surrogate and informed Ikpobe that he would have to leave the bank immediately. Our source further revealed that Ovia quickly changed his decision when confronted by Ikpobe of his willingness to leave the bank but he and Emefiele would also have some explanations to the shareholders and particularly CBN of some shady transactions and transfers involving Ovia and Emefiele running into several billions of naira. Our source who kept sealed lips on the alleged illegal transactions said they were indicting enough to calm all nerves and a return to status quo.

It was gathered that Ikpobe who joined the bank 18 years ago was reinstated to his position in exchange for his silence. “That was what saved his job”, our source added. Another senior staff of the bank who corroborated this story further revealed that one other executive director who opposes the appointment of Emefiele is Udom Emmanuel who though a close confidant of Ovia, insists that he would only support Emefiele if he is named the Deputy Managing Director, a position that is yet to be filled due to the scramble among the contending parties.

Zenith Manager Defrauds Bank of N4.5Billion
Security agents are on the trail of a manager with Zenith bank Leonard Okoh who is believed to have defrauded the bank of over N4.5billion over eighteen month period. Police sources confirmed that the fraud took place at the Area 8, Abuja branch of the bank.
The lid on the fraud was uncovered when Okoh resigned his appointment suddenly and did not wait for approval of his resignation before fleeing the country. According to information from his colleagues, the run-away manager had been siphoning money from accounts of his customers over a period of time. The last deal took place about three weeks ago while he went to relieve a branch manager in another branch in Area 7 branch, just opposite his own branch where he is the assistant branch manager. Okoh is alleged to have forged signatures of officials of Aso Savings Limited, which he is the relationship manager, and transferred the sum of 1.5 billion naira from the said account to several accounts abroad. He resigned his appointment the next day and his whereabouts have not been known since then. He is said to have fled his home leaving his wife and aged parents who are presently being detained by the police.

Investigations revealed that a Deputy General Manager of the bank, Mr. Awe Leh, who is also the Zonal head of Abuja office where the fraud took to place has been redeployed to Lagos while investigations are on. He is being blamed for allowing a fraud of such magnitude to happen in his zone. Enquiries at the Economic and Financial Crime Commission said they are aware of the fraud but no formal report has been made to the agency by the bank.
It was gathered that the bank refused to invite the Economic and Financial Crimes Commission, EFCC because of its belief that the commission may celebrate the case and make it a public issue just as it did when Ovia was arrested by the EFCC in December 2008 and the subsequent arraignment of three of its staff by the commission in Port Harcourt. Another source said the reason may also be that Okoh, whose flamboyant life-style is well known within the bank, is a nephew of an executive director of the bank who may become the number one topshot in the bank in a matter of months.

Comments (22)
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pius-the-cia said:

,
@. I WAS A BIT TOO HARD ON ZENITH STAFF. ITS NOT REALLY THEIR FAULT, THOUGH ALL BANKERS ARE FAIRLY SPOILT WITH MONEY. I KNOW OF SUCH A SCENARIO WHERE A STAFF'S SALARY HAS BEEN HELD SINCE DECEMBER. THEY RE TURNING THE STAFF INTO PAUPERS REALLY, HOW ARE THEY SUPPOSED TO SURVIVE. SR WHY DID YOU REMOVE THIS LINK FROM THE MAIN PAGE. DID ZENITH BIG MEN CONTACT YOU? PLEASE DONT BE COMPLICIT IN THIS EVIL. PUT THIS LINK BACK ON THE FRONT PAGE. LET'S HELP THESE ZENITH STAFF, AND OTHER BANKERS AND WORKERS WHO ARE BEING PUT THRU THE WRINGER UNJUSTLY BY THEIR FAT CAT ROGUE BOSSES. IT IS ABSOLUTELY UNFAIR. SR PLEASE HELP - PUT THIS LINK AS MAIN PAGE LET PEOPLE COMMENT AND SEE WHAT'S GOING ON. WE BEG YOU IN THE NAME OF GOD
April 15, 2010
pius-the-cia said:

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@friend of zenith staff, zenith guy and babe etc. I APOLOGIZE. I WAS A BIT TOO HARD ON ZENITH STAFF. ITS NOT REALLY THEIR FAULT, THOUGH ALL BANKERS ARE FAIRLY SPOILT WITH MONEY. I KNOW OF SUCH A SCENARIO WHERE A STAFF'S SALARY HAS BEEN HELD SINCE DECEMBER. THEY RE TURNING THE STAFF INTO PAUPERS REALLY, HOW ARE THEY SUPPOSED TO SURVIVE. SR WHY DID YOU REMOVE THIS LINK FROM THE MAIN PAGE. DID ZENITH BIG MEN CONTACT YOU? PLEASE DONT BE COMPLICIT IN THIS EVIL. PUT THIS LINK BACK ON THE FRONT PAGE. LET'S HELP THESE ZENITH STAFF, AND OTHER BANKERS AND WORKERS WHO ARE BEING PUT THRU THE WRINGER UNJUSTLY BY THEIR FAT CAT ROGUE BOSSES. IT IS ABSOLUTELY UNFAIR. SR PLEASE HELP - PUT THIS LINK AS MAIN PAGE LET PEOPLE COMMENT AND SEE WHAT'S GOING ON. WE BEG YOU IN THE NAME OF GOD
April 15, 2010
friend of zenith staff said:

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Profit sharing hasnt been paid for 18months, medicals havent being paid, salaries have been stylishly reduced, no promotions in months, and in all these,the bank is still growing and doing very well, /why wont there be a fraud,its the nemesis that will haunt jim and adora,N4.5billion is too small compared to the injustice,inhumanity and degradation that most zenith marketing staff are subjected to, CBN, EFCC and labour should look into this. The bulk of the staff i heard are very hardworking and are proud of the institution they work for, but Jim Ovia and Adora do not see this. This is the beginning of the end, God help us all.
April 15, 2010
friend of zenith staff said:

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I live with a zenith staff and his family in abuja,and would you believe that his account and most of the marketing staff in abuja zone, from DGMs to ETs , their accounts have been on hold since december 2009 on the orders of the ED (adora), this was done on the 23rd of december, 2009,2 days before xmas,what a wicked thing!!while she enjoyed xmas with her family,other staff couldnt fend for their families, reason being overdrawn balances due to COT charges,master/visa card default and authorised disbursments which they(mgt)signed of on, and that is after harassing staff to meet targets and bring in such transactions.
April 15, 2010
Independent party said:

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I have always told people that zenith is the most fake bank in this country. We would not know dis until the devil (Ovia) leaves and his dumb front wont be able to handle it anymore. Ovia is a devil nd increased it by learnin more from harvard.
Anyway, lies never last, we shall see.
April 15, 2010
pius-the-cia said:

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Its because of the anti-bank policies that yaradua approved that you guys poisoned him eh? Sanusi keeps doing his best, but do you people defend him from Rennaisance unProfessionals? truth is that zenith staff are greedy bastards too. the recruitment process there is warped. they take only yellow girls who can sleep with big men and get deposits. the bank is established on defrauding customers. The ED in abuja, Adora, became ED in 7 years of (graduating?) just for that reason. Soludo looked away as the industry was de-professionalised. Now the staff must defraud just to protest lack of promotion! How many Nigerians are as lucky as they are? their bosses should be in jail. They give ideas to stealing governors on money laundry. The entire banking industry connives with civil servants to sit on yearly budgets for health, roads etc and they work egunje for themselves and top civil servants monthly. No be so? This is the way the cookie crumbles,
April 15, 2010
pius-the-cia said:

,
Its because of the anti-bank policies that yaradua approved that you guys poisoned him eh? Sanusi keeps doing his best, but do you people defend him from Rennaisance unProfessionals? truth is that zenith staff are greedy bastards too. the recruitment process there is warped. they take only yellow girls who can sleep with big men and get deposits. the bank is established on defrauding customers. The ED in abuja, Adora, became ED in 7 years of (graduating?) just for that reason. Soludo looked away as the industry was de-professionalised. Now the staff must defraud just to protest lack of promotion! How many Nigerians are as lucky as they are? their bosses should be in jail. They give ideas to stealing governors on money laundry. The entire banking industry connives with civil servants to sit on yearly budgets for health, roads etc and they work egunje for themselves and top civil servants monthly. No be so? This is the way the cookie crumbles,
April 15, 2010
zenith chic said:

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as a matter of fact,this is not the first major heist that zenith has suffered( if it can be termed such)
over the past few months the number of staff fraud has increased. staff pilfering from old accounts, staff stealing from atms, and now this outright major heist that managment couldnt manage to put a lid on.
for over 4m mths nobody in d lower ranks has been promoted while d managment staff liver larger. an agm s leave allowance is higher than an et s annual salary ( 12mths!) all the llowances deducted from the salaries eg medical and profits have not been paid over an 18 mth period. the murmuring is gettin too loud to be ignored. actually staff are threatning huge frauds if they do not ecieve their profit sharind this month. i wonder if mr ovia and emefele read this. if they dont ,thier pips should pass this on to them.
people believe if d staff were well renumerated compared to the performance of d bank, this theft would not have occuured
i do talk my own finish o
April 15, 2010
Zenith Guy said:

,
As an insider in the bank, I can authoritatively confirm that the fraud is over N7 Billion and the figure is still growing. No one knows yet the total amount. But it was previously discovered to be N4.5 Billion, it later increased to N6 Billion, but currently N7 Billion. No one knows what the final figure will be. As for Jim, he is a very smart rogue. Ho stopped promotion of staff for the past 40 months, he stylishly reduced staff salary through non payment of Profit Sharing and cancellation of cash payment of medical allowances. The bank needs to correct all these, otherwise more frauds are still coming in the bank. Well, if you guys care to have more facts about this bank, I can supply. I have them in abundance. SR, kindly publish this.
April 15, 2010
don c said:

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99 days for the thief,1 day for the owner.zenith bank and jim ovia have continously cheated and exploited both staff and its customers. we know jim is going to bribe media houses and all bribables to ensure that this story doesnt go far,but its ok.someday all your evil will be exposed and u will be like madam oceanic n co if u do not go back and appease the gods(your staff) who i gather are very bitter with u and your team for non payment of allowances.as for mr okoh the thief,bros d money too much na,where u dey abeg make i come joli wit u!
April 14, 2010
Adekunle Shittu said:

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What of Fidelity and Bank phb that are breeding ground for fraudstars, they should be probed.
April 14, 2010
Nwogu Obioma said:

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I am aware that most bank customers, including Zenith bank have alrts on their phones and email. how can a fraud of this magnitude happen without the knowlegde of the account signatories in this era of e-banking and m-banking? I am yet to believe this kind of story that this fraud happened over a period of 18 months. SR tell us the truth.
April 14, 2010
Save said:

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i dont knw the motives behind such reports and the credibility of the reporter but one thing remains,zenith has the most hardworking profesional staff base bankwide.pls dont rip them of thier P.S(profit sharing) because that will lead to great depression.fraud or no fraud.
April 14, 2010
matyr said:

,
mayb if zenith bank had kept all their service promise to their staff,pay them well,paid up all outtanding allowances due a manager wuldnt have seen the need to defraud d bank. simple truth is all d staff are disgruntled , most of them not been promoted in 40 months! d voices that were a murmur r increasin and at this way is going,this particular fraud will be a first among many. if only d managment wud read d writin on d wall
April 14, 2010
Qudus said:

,
Sometimes i read issues on this site and i laff cos they sound as if the readin populace do not av any other access to those in4mation,(I resigned voluntarily from zenith 2 yrs ago cos i can not cope wt the time consumption the work demands) I can categorically tell u that zenith bank is a solid bank irrespective of the ownership structure.What do u really know about the fraud,zenith's internal control is comparable to none in the industry, u may find out further, its a fraud perpetrated by the signatories to the acct in collaboration wt their relationship officer,discovered by the management of the bank, enuff is enuff, stop this oversensational reports
April 13, 2010
ojb said:

,
Its high time we SR fans start demanding for editing of comments. situation whereby people just sit down and be casting aspersions on people is not the reason why SR solicit for comments. yes, we need constructive comments but not comments filled with ulterior anger, dislike and hatred.
Good report. No doubt, I believe that Zenith Board will sort themselves out, and that is if it has not been done yet. As per the swindler manager, God save us. Pls where is the Internal audit dept when all these were happening. Well, its rather unfortunate but we shareholders will like to know more about this. Thank God our AGM comes up on 20th of this month. I believe that we will be properly briefed
April 13, 2010
SON OF GOD said:

,
What a shame. This man should repent or else he is heading straight to hell soon. may God wipe away this wicked evil men from this planet. Amen!
April 13, 2010
weezy said:

,
ITS TIME FOR ZENITH CUSTOMERS TO REALLY KNOW WHAT JIM HAS BEEN DOING WITH THIER FUNDS.OVIA IS WORSE THAN CECILIA IBRU.HE VIRTUALLY OWNS EVERYTHING THAT HAS ZENITHBANK ON IT IN ADDITION TO OTHER BUSINESSES BEING OUT-SOURCED BY THE BANK.
April 13, 2010
DELTA STONE said:

,
Why detain the wife and mother of the thief? What is their offence? If these innocent relatives can be detained, why is Jim Ovia not detained as well? He is the real culprit. These thieving madmen running Zenith & UBA should not be allowed to retire and walk away freely. Sanusi & EFCC, over to you.
April 13, 2010
Mentor said:

,
While I maintain implicit respect for SR, let us not be gullible on this one. Now, in Nigeria and indeed worldwide, there is limit to how much money anyone can transfer abroad. How come the sum of N1.5 BILLION was transfered in one day without questions?
At every bank, there are internal checks such that a single signatory cannot authorize a certain amount of money. How come a single individual approved and transfered an amount that even DMD cannot transfer?
April 13, 2010
Gam said:

,
Is Sanusi aware of all these frauds or has he been settled handsomely?. We have said that Zenith and UBA were worse than Intercontinental and Oceanic in terms of fraudulent activities but because they are Sanusi's friends, they were not touched.
April 13, 2010.
NAA said:

,
EFCC pls take over this case as the Board and Police are trying to punish the innocent while covering the Abuja ED and the MD
Read more…

ASHEVILLE, N.C. -- An armed man spotted at a North Carolina airport parking lot just after Air Force One departed Sunday told an officer he wanted to see the president and had a car equipped with police gear, including a siren and flashing lights, authorities said.

Joseph Sean McVey, 23, of Coshocton, Ohio, is charged with going armed in terror of the public, a misdemeanor, said Asheville Regional Airport Police Capt. Kevan Smith.

Security was heightened at the airport because President Barack Obama was leaving after spending the weekend vacationing in Asheville. He was headed to a memorial service for 29 West Virginia coal miners killed in an explosion..

At about 2 p.m., airport police saw McVey get out of a maroon car with Ohio plates and that he had a sidearm, Smith said. Both airport police and the Secret Service questioned him and he was taken into custody. The suspect was nowhere near the president's plane, which had just departed, and was in a rental car return lot that is open to the public, Smith said.

His car was equipped with clear LED law enforcement-style strobe lights in the front and rear dash, Smith said. The car also had a mounted digital camera in the front window, four large antennas on the trunk lid, and under the steering wheel was a working siren box. Smith said McVey was not in law enforcement.

When McVey got out of the car, he was listening to a handheld scanner and radio that had a remote earpiece, Smith said. Police said he was monitoring local agencies and had formulas for rifle scopes on a note in his cup holder. Police did not immediately elaborate on what the formulas might mean and Smith was not available to comment late Sunday.

McVey gave authorities an Ohio driver's license, but a computer check failed to show the number was valid, police said. His hometown of Coshocton is about halfway between Pittsburgh and Columbus, Ohio.

When Officer Kaleb Rice asked him what he was doing, McVey told him he heard the president was in town and wanted to see him.

Rice removed the firearm and took McVey into custody. He was being held at the Buncombe County jail on $100,000 bond.

The investigation into what McVey was doing with a gun, with formulas for rifle scopes and why his car was equipped with police gear was continuing, Smith said. The Secret Service had no comment on the arrest, deferring to airport police.

A jail offic

Read more…

Bella Adenuga Wedding Pics No Beyonce !

VIEW WEDDING PICS HERE ! ! !Beyonce was rumoured to have been paid 2millioin dollars. yep 2million benjamin franklins .
The mohits crew & Darey talso took the jam to the floor for the closure of the Naija Wedding of the decade .
Love is so beautiful!
It is what dreams are made of. Every woman wishes to find her Prince Charming while every man prays to find his better half. When this happens, it’s simply magical. For Belinda Ajoke Adenuga and Jameel Adetokunboh Disu, their fairytale came true when they were joined in holy matrimony on the 24th of April 2010. Their wedding ceremony took place at the Cathedral Church of Christ in Marina, Lagos, Nigeria. For Bella & Jameel, it was the solemnization of a love story that began years ago when they met and was taken to the next step when Jameel proposed during a trip to Monaco..


Before the main event on the 24th of April, the couple formally began their journey towards their formal union during an introduction of their families on the 5th of April 2010. On the 10th of April 2010, their traditional engagement took place at the British International School grounds in Lekki, Lagos. VIEW WEDDING PICS HERE ! ! !
It was a beautifully festive day, the hall was lushly decorated with pink flowers and swaths. Bella & Jameel were both dressed in gold iro buba and agbada respectively. Bella’s traditional look was accentuated with gold and coral accessories. Culture was celebrated as the couple went through the formal Yoruba engagement rites. After the event, they along with their families and friends enjoyed a party with performances from musical legends King Sunny Ade & Sir Shina Peters.

Up next was the pre-wedding dinner, a soiree for the couple and their close friends. There were performances from all over the world including musical performances by Banky W, ChiDynma, 9ice, PSquare and then various unique acts from Las Vegas & India.

Bella & Jameel’s white wedding was gorgeous! The bride was breathtakingly beautiful in her exquisite wedding gown. With its jewel encrusted sweetheart neckline, lace inserts, rosette hip details, corseted bodice and full skirt, the dress was beautiful and even more breathtaking on the bride. Bella’s dress was perfectly accessorized by her upswept hair with a diamond & pearl hairpiece, earrings and bracelets. Finally, her crystal embellished cathedral length veil truly transformed her into a princess. The groom, Jameel was dressed in a modern blue suit paired with a white shirt, white tie and an elegant boutonniere. Yellow and gold were the colours of the day so the bridesmaids were in flowy yellow dresses with a single rosette strap while the maid of honour was in a pale gold dress. The groomsmen matched them with yellow ties and pocked squares while the best man wore a pale gold tie. The reception was held at the Landmark Centre, it was an exquisite vision with twinkling lights, gold swaths and luscious yellow & ivory flowers all around the venue.

The couple embraced their special day and thoroughly enjoyed it with their friends and family as they smiled and posed for photos stunningly captured by photographer, Jide Alakija. Musician Darey Art Alade and his band entertained as did the Shuga Band. There were also musical performances from the Mo Hits Crew including Dr Sid & D’Banj and a special musical rendition by the couple’s friend, musician – ChiDynma who dedicated her song “Obimmo” to the couple along with all the traditional wedding reception milestones such as the romantic ‘first dance, bouquet toss which Bella acrobatically performed, the cutting of the cake and the groom’s eloquent speech. After the ceremony, it was not over as the couple and their friends proceeded to dance the night away at the wedding afterparty.

An absolutely showstopping wedding for a beautiful couple.
culled from bellanaija.com not owned by bella adenuga ! I hope she doesnt get daddy to buy it for her ! Alas No Beyonce ! rumoured to have hit the beaches of Hawaii ! Who started this rumour ?
American born singer, Beyonce Knowles popularly as Beyonce was not at the much talked about Bella Adenuga's wedding, but sure enough, there were a lot of top government dignitaries, traditional Royal fathers, as well as gatecrashers at the wedding of Bella Adenuga and Jameel Disu.

Beyonce was spotted at Hawaii beach vacationing with her family. This was contrary to the news widely publicized on cyberspace.



Articles culled/adapted from bellanaija.com,ifeyinka.com

VIEW WEDDING PICS HERE ! ! !
Read more…
Musa sacrifices goals target for Eagles

Nigeria Premier League top scorer Ahmed Musa has revised his goals target for the season after getting his first senior international call-up..

Musa, who is having a breakout season with Kano Pillars, had originally set a 20-goal target for himself this season. That figure would have obliterated the current 17-goal record set by Ishaya Jatau in 1993 and equalled by Akarandut Orok last season.

"I wanted to score 20 goals this season, and I believe I would have made it, with the way I am going," Musa, who is officially on 14 goals, told KickOffNigeria.com. "But now, I don’t think I can make it anymore.

"I will miss some matches when I go to the Super Eagles camp, and the league is almost over so it will be difficult to come back and score the goals to reach 20."

But the 17 year-old is happy to sacrifice his goals target if it gives him a chance to get in on Lars Lagerback's World Cup squad.

"I have confidence in the way I am playing, and I knew I will be invited. So I don’t mind if I don’t score the 20 goals, because playing for the national team is the dream of every player and I am happy that I got the invitation to come to camp."

With the plethora of Europe-based strikers at Lagerback's disposal, Musa is taking nothing for granted, just hoping that his abilities will see him through.

"I will try my best to make it. I know that I have good speed, and I like taking on defenders, I can cross the ball well and I can score goals. But it is the coach that will decide."

On the basis of what Ahmed has showed in the league and the recent WAFU Cup, Lagerback's job just got even harder.

Ahmed Musa Fact File:
Date Of Birth: Oct 14 1992.
State: Plateau
Height: 1.6m
Weight: 65kg
Position: Right Wing
Other positions: Centre forward, support striker, left wing
Previous clubs: Aminchi Football Academy 2008, JUTH FC 2009
Current club: Kano Pillars
Read more…
How big a star is Jamaican sprinter Usain Bolt? Let us count the ways.

When he emerged from the locker rooms and took the infield about an hour before his race at the famous Penn Relays Saturday in Philadelphia, the record crowd of 54,310 couldn't contain itself.

"It was so loud, I thought, 'Is the president here?'" said Miki Barber, of U.S.A. Blue, who was warming up for her race at the time.

Barber's twin sister, Lisa, said she couldn't hear the music in her headphones.

Then, when it came time for Bolt to compete, then track announcer had to make an unheard of request, telling the crowd to quiet down so the runners could hear the starting gun (see video).

Usain Bolt, Team Jamaica top USA in Penn Relays 4x100, USA vs. the World

"The starter was telling the crowd to be quiet," Bolt said. "That's one in a million. When you go anywhere else in the world, they are quiet (for the start). You get in front of Jamaicans and they make noise until you ask them to be quiet."

After all his gold medals and world records, you would think the 23-year-old international star would be used to it by now. He's not..

"Over the past two years I've been surprised by the amount of people that know me and the welcome I get when I go to track meets or functions," Bolt said. "I'm still trying to get used to it and I'm enjoying it."

And still showing he's worthy of the adulation.

Bolt led Jamaica Gold to a victory in the USA vs. the World 4x100 relay using a blistering 8.79 split on the anchor leg to give his team a Penn Relays record 37.90 time.

Bolt then took a victory lap that was met with a deafening roar. He stopped twice to make his trademark "lightning bolt" pose. He also signed autographs and posed for pictures with fans.

The Penn Relays is the biggest high school relay carnival in the country. And every year, organizers find a way to get some of the biggest names in the sport to show the prep stars how good you can become.

High schoolers, however, weren't the only ones taking notice of Bolt.

Lisa Barber, who has been coming to the event since she and her sisters were stars at Montclair (N.J.) High, was thrilled by Bolt's presence.

"I was leadoff leg and I could actually hear, right next to me, the crowd screaming," she told John Finger of CSN.Philly.com. "I've been coming here for about 12 years now, and this was the loudest one. It was great."

The Associated Press contributed to this report.

Usain Bolt, Team Jamaica top USA in Penn Relays 4x100, USA vs. the World






Read more…

GSM line cloning hits Lagos

FRAUDULENT cloning of Global System for Mobile Communications (GSM) lines, using ICT devices, is gradually joining the growing number of crimes perpetrated on cyberspace.

According to findings, perpetrators of the new trick use latest technology to duplicate telephone lines of their targets. In turn, these are used to swindle their associates, friends and relations, who are deceived into believing instructions from the cloned lines (usually pleas for financial favour) are sent from original GSM line owners.

It was also learnt that those who are involved operate as syndicates, relying on previous correspondences of their victims. Some of these are obtained from relatives or house helps to swindle unsuspecting telephone users.

The Guardian was informed that many residents of Lagos have fallen victim of this latest form of fraud, as the trend, also, spreads gradually to other Nigeria's major cities.

A reliable source said the swindlers recently hoodwinked some staff members of the University of Lagos. An unknown person was said to have used a telephone number of a certain professor to send text messages to the professor's colleagues.

Findings revealed that the message came to individual recipients, requesting they send N10, 000 each to the professor's nephew (via a bank account quoted in the message). It stated the professor could not meet the obligation because he was out of the country. As it turned out, the sender of the message had forwarded the same text to all close associates of the professor. Contrary to the fraudster's claim, the don was in Lagos...

One of the receivers said the text showed it had been sent from his colleague's phone, hence, he could not doubt its authenticity. He was skeptical, however, wondering why his colleague chose to send a text rather than make a voice call.

He said just before he would respond to the request he found the same message had been sent to all close associates of the professor.

Recently, a chief medical director of a Lagos-based hospital almost lost huge amounts of money to swindlers through a similar scam.

Unlike the UNILAG incident, an individual was said to have taken a cheque, purportedly drafted by the medical doctor to a bank. The bank called the owner of the cheque for confirmation and somebody, who claimed to the doctor, picked the call, confirming the order.

Not convinced by the voice, the bank official called the fixed line in the account mandate, only to be told the doctor had not written the cheque. During the transaction, the account owner had his line. But it was found to be inactive.

While the technology employed for Automated Teller Machine (ATM) card and telephone card cloning are different, a source hinted that the crime is perpetrated by the same syndicates who regularly switch from one form or fraud to the other, depending on public awareness level. They are also said to operate with international allies where they import skills and technology.
Read more…
Two soldiers (names withheld), are now being detained in connection with a case of burglary in the home of the General Officer Commanding (GOC), 82 Division of Nigerian Army Enugu, Major General Muhammad D. Isah.

Saturday Independent gathered that the burglars removed $250,000 belonging to the GOC.

Isah, who was said to be out of town when the burglary was carried out, returned to discover that the money was no longer where he kept it.

Upset by the discovery, the infuriated GOC was said to have vowed in ‘Allah’s name’ to fish out those behind the nefarious act and deal with them mercilessly.

Our sources disclosed that the Army chief immediately set up an investigation team comprising of military police officers and ordered the interrogation of some soldiers known as “his boys” in the barracks.

It was learnt that under serious interrogation, two of the soldiers confessed to the crime.

The two GOC boys told the investigators that they removed the money in installments in order to beat the security network in the home of their boss who was away when they struck.

Saturday Independent gathered that the two thieving soldiers would face a court martial soon.

Efforts by this reporter to speak with the Assistant Director of Army Public Relations, 82 Division of Nigerian Army, Enugu, Lt. Colonel Sagir Musa, yielded no fruits as at the time of going to the press on Friday.

At several occasions, the reporter called his two GSM lines and the response was “not available.”..

However, the news of the burglary in the GOC’s home has created anxiety in the barracks.

A soldier, who pleaded anonymity, told Saturday Independent that he has never heard such a despicable story in his 25 years of service in the Nigerian Army, saying people could conclude that the Army was harbouring criminals.
Read more…

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