FIA considers effective security after robbery events in Brazil

go here By Emmanuel Onminyi,

how to write an abstract for your dissertation masters Aftermath of an ugly robbery incidents which recently occurred at Brazilian Grand Prix has made the Federation of International Automobile, FIA, to consider need for a consistent and more effective security procedures at all its events.

college essays on reading It was reported some activities of the motor event was marred by series of robbery incidents in which Formula 1 personnel were attacked at gun point.

see url As learnt, Mercedes crew members were the first to be attacked before another racing team, Sauber, and FIA staff faced another robbery situations, while tire suppliers, Pirelli, also escaped a robbery incident amidst heavy police presence.

go to site The attacks on the various motor teams resulted to the cancellation of some test races that were to the precede the actual races in Sao Paulo, Brazil.

body ritual among the nacirema essay Although, no lives were lost in all of the attacks, world number one F1 driver, Lewis Hamilton, who was affected by the incidents, condemned the attacked and called on the motor sports ruling body to take appropriate actions in order to ensure the safety of lives.

enter site However, a report was collated and would be submitted to the World Motor Sport Council, WMSC, on December 6 for further actions.

Ambode swears in new HoS, tasks workers on efficiency, accountability

click here enter By Abolaji Adebayo

Someone To Write A Poetry Analyse Paper The Lagos State Governor, Akinwunmi Ambode, has swore-in the 20th Head of Service, Folasade Adesoye, just as he tasked the over 100, 000 civil servants in the state to be efficient and proactive in the discharge of her duty.

follow link Ambode said concerted efforts have been made to place the workers on a sound footing for proactive, innovative, selfless and technology-driven service delivery. buying a term paper The governor, while swearing-in the newly appointed HoS at a ceremony held at the Executive Council Chambers in Alausa, Ikeja, added that the responsibility to ensure that the workers often exhibit these qualities rest on the appointee to use her office to galvanize civil servants to build on the gains already recorded. 

At the ceremony on Tuesday, he argued that his administration working with her predecessor laid the foundation for the new public service that is well positioned to rise up to the demands of present-day public service delivery.

Ambode stated that though a lot of progresses have been recorded in building on the reforms, it is still a work in progress and there is need to intensify on quality service delivery to the public.

“The success of your tenure will be assessed not by the efforts you are able to put in but the tangible outcome in terms of improvements in the outlook and deliverables of the entire workforce. You are inheriting a public service that has, to a large extent, keyed into the vision and uncompromising principles of good governance of this administration. As one who is fully aware of our vision and policies, some of which you have helped to translate and implement, I expect that you will hit the ground running and make your mark.”

Ambode, who expressed confidence in the ability of the appointee to add value to the public service and governance in general, noted the appointment was another confirmation of the dynamic quality of both the service and civil servants in the State, as the minimum standard now acceptable is selfless service to the State and the people.

He said it had now become a tradition to continually appoint experienced, dedicated and tested professionals to key positions in government, adding that Adesoye’s appointment was in recognition and reward for competence, commitment, perseverance and hard work, and charged her to keep up the good works.

Responding, Adesoye pledged total commitment to the duties and responsibilities of the new office, assuring that she would do everything within her capacity to justify the confidence reposed in her.

She said public servants in the State were already encouraged, motivated and energized by the demonstrated commitment of Governor Ambode to high quality public service delivery, prioritization of staff welfare, practical example of inclusive governance model, unprecedented state-wide infrastructural renewal and the strategic restructuring and realignment of the public service to ensure that it is fit and equipped to meet the challenges of the future, and pledged that efforts would be made to build on the successes achieved.

Stop paying our staff meter installation fee- Eko Disco

By Rilwan Balogun

The management of Eko Electricity Distribution Company (EKEDC), has urged consumers within its network to desist from paying its staffs for installation of the prepaid meters in the state.

EKEDC stressed that since the meter is free, the installation must also be free except that there are other materials,Miniature Circuit Breaker (MCB) and cables, that are needed which primarily should be provided by the consumer

The General Manager, EKEDC, Godwin Idemudia, who made the appeal in an interview with newsmen in Lagos, hinted that the company has been inundated with complaints from consumers that its personnel often collect money for installation.

“So, if they request for money before installing the meter, please ignore them. Some consumers who bribe our staff for bypassing lines that connect their freezers, air-conditioners and other electrical gadgets should know that it is absolutely illegal. If you are caught during the routine check by our staff, you will be fined for bypassing and charged to court,” he said.

Meanwhile, the General Manager urged its patrons to desist from bribing staff of its company on official assignment, noting that it is wrong for staff to demand money before clearing electricity faults.

“They are being paid for. Consumers should be aware that it is also wrong to connive with our staff not to settle electricity bills appropriately. Consumers should report any EKEDC staff that demands for money to the nearest EKEDC office for proper action”.

Buhari hinges economic recovery on 2018 proposed N8.612trn budget

see By Abolaji Adebayo

Nigeria agitation for economic growth through development and promotion of local products has  undoubtedly met President Muhammadu Buhari’s nod, the consent of which reflected in the president clarification that projected N8.612 trillion for 2018 budget was designed not only to drive rapid economic recovery, but also to fast-track development of key economic sectors.

While presenting the proposed budget to a joint session of National Assembly on Tuesday in Abuja, Buhar projected that with a benchmark of 45 dollars per barrel at an exchange rate of N305 to a dollar in 2018, the 2018 appropriation bill would consolidate achievements of previous budgets to aggressively steer the nation’s economy to that path of steady growth.

According to him, with the economic recovery made so far, it is clear that Nigeria made the right decisions and the government urge Nigerian to support the Federal Government’s policies towards economic recovery.

The president assured that priority would be given to development of infrastructure and increase investments on agricultural sector, so as to attain and sustain food security and reduce importation.

He added that the government would continue to partner with the private sector for the provision of infrastructure, while it seeks alternative means of funding new projects.

During the budget presentation, the president hinted that his government has been able to construct and  rehabilitate about 776-kilometer roads in 2017.

Buhari said that the construction of Abuja metroline had attained 98 per cent completion, adding that work had commenced on the Ajaouta-Itakpe rail line which was abandoned for 17 years.

He informed that the project would be delivered in September 2018, and that the country’s power sector would witness a turn around in 2018.

The president explained that the power sector reform was in progress with increase of power generation, but that the government was facing challenges with transmission and distribution network.

” Federal Government was committed to green alternative energy”, he added.



Buhari approves Ekwueme’s abroad treatment request

By Abolaji Rasaq

President Muhammadu Bubari has approved that former Vice-President, Dr Alex Ekwueme, be flown abroad immediately for medical treatment after family disclosed his unstable health condition.

The approval from the President covers the immediate charter of an Air Ambulance for the emergency movement and the cost of treatment for the elder statesman.

Buhari’s approval came barely 24 hours after medical experts advised the family of ailing second republic Vice President against flying him abroad until his condition improves.

It was gathered that the President’s approval was sequel to a brief the President received Friday on the medical condition of the former Vice-President.

Few minutes after, the president in a statement on Friday by his Senior Special Assistant on Media and Publicity, Garba Shehu, approved the request, praying that God grant the elder statesman speedy recovery.

It would be recalled that he had been admitted at a private hospital in Enugu state, where doctors have continued battle to stabilize his health while arrangement for flying him abroad continues.


Tinubu leaves for UK, to visit late son’s family

By Olawale Abdul-fatah

The National leader, All Progressives Congress (APC), Bola Tinubu, has left Lagos for London, where he would be meeting his late son’s wife and children who reside in United Kingdom.

Tinubu was said to have departed Lagos barely 48 hours after Jide was pronounced dead by medical doctors at the Lagos Island General Hospital, Lagos state.

It was gathered that his departure to London was an apparent strategy aimed at avoiding hundreds of All Progressives Congress (APC) and other personalities that have started turning his Bourdillon home, Lagos to a Mecca of sort, after news filtered in that his first son had passed away.

When the Guild visited his home, it was gathered that his wife, Oluremi Tinubu, who was the chairman, Senate committee on Environment, had also left home. But her destination was not disclosed.

Confirming his departure to relatives and other well-wishers, one of his relatives, Ademola Oshodi, disclosed that he left to see the deceased family in London and would return before the eight days Fidau (Muslim prayer for repose of deceased’s soul).

He, however, assured the politicians, lawmakers and other well-wishers who thronged the national leader’s home that Tinubu would be informed of their visit to commiserate with him.

Some of the visitors to his home includes Minister of Information and Strategy, Lai Muhammed, Senior Special Assistant to the President on Sustainable Development Goal (SDGs), Adejoke Orelope-Adefulire, Lagos state former deputy governor, Sarah Sosan, former Commissioner for Information and Strategy, Aderemi Ibirogba.

In her condolence message, the Chairman, Coker-Aguda Local Council Development Area (LCDA), Omobolanle Akinyemi-Obe, described the deceased as very sociable and likable by all. he was an introvert. it is sad that we lost him at this time.

Suicide bomber kills 13 in Maiduguri

By Abdulwaheed Usamah, with Agency report

At least, no fewer than 13 people have been reported killed by a suicide bomber killed during an attack in Maiduguri, with confirmation from Borno state’s police that five others were also injured.

It was gathered that the attack in the city occurred yesterday evening and that rescue and investigation were on going to gathered information about the killing

Confirming the killing, the Borno State Commisioner of Police, Damian Chukuw,  disclosed that the 13 people were killed during evening attack, which also injured five people, struck the city’s Muna Garage area,

Meanwhile, the attacked axis of the state was reported to be home to a camp for those who have fled the conflict with the Boko Haram Islamist insurgency.

Liquidity squeeze reduces banks deposit with CBN to N367bn

Indications have emerged that liquidity challenges and rising bad loans have dragged down commercial banks deposit with Central of Nigeria (CBN) by 54 per cent to N367 billion in August.
Sources said that despite the low interest rate, commercial banks including merchant banks, in the prior month, used Standing Deposit Facility (SDF) to deposit N781.7 billion with the apex bank.
SDF is a lower corridor of the monetary policy rate of the CBN at which deposit money banks and discount houses use to deposit money overnight for an interest rate.
However, commercial banks continued to access the Standing Facilities window to square-up their positions, depositing excess liquidity in their reserves at the end of each business day.
By the subsisting decision of the Monetary Policy Committee (MPC), applicable rates for SDF remained nine per cent, even as investigation conducted by The Guild on Tuesday, indicated that commercial banks consistently deposited an average sum of N41.11  billion in July, with the deposit ranging between N500 million and N84billion.
In August for instance, it was gathered that lowest deposit of commercial banks was N88 million while the highest deposit reported by CBN on the first day was at N86 billion.
The low patronage by banks was to make up their positions in lending credit facility to the real sector of the economy, as some were hit hard by persistent liquidity mop up, while majority were investing in Treasury Bills (T-Bills) and bonds’ auctions.
Further checks revealed that the Standing Lending Facility of the CBN amounted to N5.6 trillion in August as commercial banks leveraged on the lending facility to provide liquidity for overnight transactions.
Analysts attributed drop in deposit with CBN to increased impairment by commercial banks while other stressed that the private deposit investment in Government securities (T-Bills and Bonds)   have drain banks liquidity.
Some analysts explained to The Guild that commercial banks are divesting in Treasury Bills rather than borrowing to finance foreign exchange market transactions and key sector of the economy.
They added that closed gap between parallel and official market rates have discouraged commercial banks serious participation in the foreign exchange market, over CBN’s weekly intervention.
The Managing Director of finance and investment management firm, Cowry Assets, Johnson Chukwu, said, banks deposit of recent has moved from CBN to federal government instruments.
Chukwu further disclosed that the commercial banks were likely to have opted for government bonds because a lot of deposits have moved from CBN to government securities, even as decline in SDF shows that liquidity in banking industry is at flat.
He stressed that asides, the CBN has been debiting banks with special treasury bills sales which a keen to stabilization of liquidity and therefore withdraw from banks deposit.
Commenting also, the Head, Research and Strategy at GTI Securities, Chucks Anyanwu, said Non-Performing Loan (NPL) in the banking sector increased in half year of 2017, stressing that banks are making huge provision for NPL.
He further explained that banks are in need of liquidity because a lot of them have taken provision for NPLs-NPL have affected banks books; the rate at which commercial banks borrow from CBN is on high while deposit continued to drop.
“it is obvious that banks have been active at the inter-bank market, mopping up liquidity  from everywhere because there has been major hit in their books due to increased NPL”, Anyanwu said.
However,  analysts at Cordros Capital, a Lagos based securities company, said, it expects demand to rebound, supported by expected improvement in system liquidity (N559.47 billion from Open Market Operation (OMO) repayment, in addition to Federal Accounts Allocation Committee (FAAC). inflow, notwithstanding continued liquidity mopping actions of the central bank — via OMO and foreign exchange sales — as yields remain attractive.

Customs discloses 470 intercepted riffles at Lagos’ Tin Can port

By Newsdesk

Barely 10 days after Nigerian Customs Service (NCS) intercepted a container loaded with 1,100 riffles at Tin Can port, Apapa, Lagos state, the law enforcement agency has disclosed that it has discovered another container loaded with over 400 riffles at the port.

With the discovery, the law enforcement agency hinted that 2,671 pump riffle has been discovered during four different operations in eight months at Tin Can port, Apapa.

It was gathered that the 1, 100 riffles intercepted recently and the 470 on Thursday, belonged to same importer, adding that, investigation was ongoing to fish out those connected with it.

The Controller-General, NCS, Col. Hameed Ali (retd), disclosed that the owners of the container had alleged that the container was filled with PVC piles and door frames.

Ali hinted that the port intelligent unit during surveillance suspected that the container had some signs, indicating that it was not only filled with the product mentioned in bill of laden, which was, elbow plumbing plastics.

During investigation, the controller general, disclosed that it was discovered that the container was not containing elbow plumbing plastics but 470 riffles.

Ali said: “Following increased arms seizures in recent times, the Customs Area Controller of Tin-Can Port, Comptroller Yusuf Bashar, ordered a detailed profile of all imports, especially those coming from Turkey. Customs decided to follow profiling approach of 100 per cent examination on containers, especially those from Turkey.”

According to him, the importer of the cargo is Great Oil and Gas Limited named “MV Arkas Africa” owned by Hull Blyth, adding that NCS would now be responsive and capable of meeting the challenges being posed and urged Nigerians to remain vigilant to deal with enemies of the country.

The comptroller-general assured Nigerians that Customs officers were now on alert, following the directive he issued to customs area controllers on Wednesday.

He said the management of NCS had implemented a policy of rewarding good deeds and punishment for those who compromised, announcing that a Customs delegation would meet with Turkish ambassador, to discuss continuous importation of containers into Nigeria.

Customs would continue to subject all containers to 100 per cent examination “to safeguard lives
of citizens.

“Customs has to go beyond examination because none of the importers has come to pay duties on those vehicles intercepted in August. Some of the vehicles are customised.What we are after is to collect duties on any vehicle coming into the country. Section 147 of Customs and Excise Management Act (CEMA) gives right to Customs to enter any premises even without search warrant. Also, Section 158 of CEMA gives Customs the right to stop and search at any time.”

20 passengers injure during London underground train explosion

By Newsdesk

The London Transport authority has shut down the city’s underground train station after scores of passengers sustained severe injuries following explosion at the London underground station.

Due to the explosion, Transport for London, the body managing train service, announced that train services between Earl’s Court and Wimbledon on the District Line would be suspended,urging customers to take alternative routes.

The Guild gathered that the explosive device was contained in a handbag dropped in the train on Friday at about 8: 20 am, which left no fewer than 20 persons injured and property worth millions of pounds damaged.

It was learned some of the passengers had suffered facial burns from a blast and others had been hurt in a subsequent stampede that occurred at the station.

A passenger narrated: “I was on second carriage from the back. I just heard a kind of whoosh. I looked up and saw the whole carriage engulfed in flames making its way towards me.”

Outside the station, a woman was sitting on a pavement with a bandage around her leg, while armed police patrolled. A Reuters witness saw a woman being carried off on a stretcher with her legs covered in a foil blanket.

“We are aware of an incident at #ParsonsGreen tube station. Officers are in attendance,” London police said on Twitter. “We would advise people to avoid the area.”

Confirming explosion at the train station, London’s Metropolitan Police and the city’s Ambulance Service, hinted that they have deployed their officials to the scene to rescue passengers.

According to London’s Metropolitan Police in a statement on one of its social media, we are aware of an incident at Parsons Green tube station. Officers are in attendance.

Also, Assistant director of operations, London Ambulance Service, Natasha Wills, said that a number of responders, including its hazardous area response team, were at the scene alongside the police.The assistant director added: “Our initial priority is to assess the level and nature of injuries. More information will follow when we have it.”

Details later

The container where explosive device on London underground train was contained