Thursday, 31 December 2015

Its Benson Okonkwo's birthday today!

Nollywood Actor Benson Okonkwo


One Versatile Nollywood actor I have come to respect is Benson Okonkwo. As you celebrate your birthday today I pray that you will to greater heights Higher than where you.May the heavens open over your Career and Business. Congratulations and do have a beautiful celebraction!

Wednesday, 30 December 2015

SSANU dares FG embarks on indefinite strike!


The senior staff association of Nigerian universities has embarked embarked on an indefinite strike to compel the federal government to rescind its decision to vice Chancellors to remove a section of university staff from its payroll. Those affected d are the staff of the primary and secondary within the university. This was the outcome of an emergency congress held by its university of Benin cchapter.

Friday, 25 December 2015

Merry Christmas to you!


A very merry Christmas to to blog viewers and potential blog readers cum commenters!

Tuesday, 8 December 2015

FG splits PIB, to break NNPC into two companies.


THE Federal Government has broken up the controversial Petroleum Industry Bill into different versions and is proposing splitting the Nigerian National Petroleum Corporation, NNPC, into two companies – the Nigeria Petroleum Assets Management Company (NPAM) and a National Oil Company (NOC) that would be run on commercial lines and partly privatised.
According to a report obtained from Reuters, yesterday, the Federal Government is breaking up the PIB and is replacing it first with a law to overhaul the petroleum sector with the aim of closing loopholes that bred corruption.
Under the draft legislation, the report stated that the NOC will be an “integrated oil and gas company operating as a fully commercial entity and will run like a private company.”
According to the report, the onus would be on the board of the company to make profits and raise its own funding. The NOC would be expected to keep its revenues, deduct costs directly and pay dividends to the government.
To start off, the report stated that the NOC will receive about $5 billion, or at least the five-year average of the amount of money NNPC had to put into joint venture operations, while it would be partially privatised with the Federal Government divesting a minimum of 30 per cent of its shares in the company within six years of its incorporation.
NPAM, on the other hand, is expected to manage assets where the government is not obligated to provide any upfront funding. “These include oil licences run under production-sharing agreements in which independent oil companies cover operating costs and pay tax and royalties on output,” the report noted.
Compared with previous PIB drafts, the report stressed that the law curtails ministerial powers as board appointments are made by the Nigerian president and confirmed by the Senate.
If passed, the report further stated that the law would also create a Nigeria Petroleum Regulatory Commission (NPRC) to oversee everything from oil licence bid rounds to fuel prices, while a Special Investigation Unit would also be set up under the NPRC with the powers to seize items and make arrests without a warrant.
The first new bill, drafted by the Senate and overseen by the oil ministry, according to the report, is entitled “Petroleum Industry Governance and Institutional Framework Bill 2015” and aims to create “commercially oriented and profit driven petroleum entities”.
The Bill is expected to be presented to senators this week.
The report maintained that the Bill repeals the Act that created NNPC that contained legal grey areas that allowed mismanagement to go unchecked and billions of dollars in revenues to go seemingly unaccounted for as operating costs rocketed.
The institutional changes in the new draft have been greatly simplified from the 2012 PIB that created many new regulators and broke up the oil company into separate downstream (refining and retail), upstream oil and gas ‎companies. ‎
Some noticeably problematic amendments are absent from this bill, such as allowing the oil minister to decide what to do with any surplus or allowing the Nigerian president to allocate oil blocks for exploration.
But it remains to be seen whether further add-ons to the bill or later decisions will reconcile the conflict between what the new state oil companies need to run and what they should remit to the treasury.
Commenting on the new Bill, Aaron Sayne, a U.S. lawyer who focuses on the Nigerian energy sector, said, “The bill leaves open lots of questions around what roles the new national oil companies will play in the sector, and how they will receive and manage money.
“But one can sense more strategic thinking behind it than in past drafts, and the bill does a better job than its predecessors of saying

Source Vanguard

Friday, 4 December 2015

Popular Female blogger loses sister to pro biafra protests!


The pro-Biafran protest in Onitsha Anambra state turned violent with about 9 lives lost including the blood sister of a popular female blogger in Nigeria who is currently in deep tears.

“The pro-Biafra activism that took place in the Onitsha area of Anambra state today, 2nd of December has left several indelible marks behind with two Dangote trucks set on fire and 9 lives lost including the sister of a lady blogger, Mary Vivian Chinaza Illikannu who owns Viviangist sent to her untimely grave under circumstances yet to be ascertained.

Reports have it that security operatives on ground shot at the protesters to disperse them which led to fatal injuries among the protesters.”

See the post made by the lady blogger, Vivian:

“That is my Blood sister , thanks to biafra protesters yes i know that they have achieved their Goals.

Her Name ; Nkiruka Anthonia Ikeanyionwu From Adazi Nnukwu Anambra state. Schooling at Federal College of Education UMUNZE Anambra State. Age 21 years old.

My Message to Nigerians and Biafrans … Thanks so much for Killing NK Baby for me , Dear Nkiru That is what the world is all about , nobody knows when his or her turn will clock … Bye till we part No More …. From Mary Vivian Chinaza Illikannu Owner Vivian Gist”

Credit My celebrity and I

Thursday, 3 December 2015

Happy birthday to me!


It is great to be alive to witness another birthday and I have every reason to be very grateful to God!This birthday is very unique as God remembered me with desired job which has translated to a change of level and location. To be honest with you I can't but thank God and celebrate his faithfulness in my life. This God is awesome! And does things at his time which makes it beautiful! Please help me appreciate him where ever you are.