High expectations as Emefiele resume Tuesday as CBN governor

Two months after his March 26 confirmation by the Senate, Godwin Emefiele will tomorrow resume officially as 11th Governor of the Central Bank of Nigeria (CBN).

Godwin Emefiele is the current MD of Zenith Bank.
Emefiele, 53, replaces Lamido Sanusi, who was suspended by President Goodluck Jonathan on February 20, while on official assignment in Niger Republic.

According to a CBN source, Emefiele will be received by the management and staff of the bank at the Abuja office of the apex bank, led by Sarah Alade, who acted as Governor since February 20.

It would be the job of Alade, who returns to her portfolio as Deputy Governor, Economic Policy, to officially hand-over to the new helmsman.

Unlike his two immediate predecessors, Emefiele is known to be reserved, preferring that his works speak, while the institution he manages remains the subject, instead of him, as can be seen from his almost four-year stint at Zenith Bank.

Stakeholders say he is not known to court the limelight.

In his last public appearance as Group Managing Director of Zenith Bank (the bank’s annual general meeting in Lagos), Emefiele, while fielding questions from shareholders, promised to ensure fairness and justice, while being firm in taking decisions.

“We will be fair…we will be just, and I say we would be firm in taking those decisions that need to be taken,” he had said.

According to him, the governorship of the CBN “is a national assignment. It is about our economy and we would work very hard to ensure that we take Nigeria to greater heights”.

One issue Emefiele must have to deal with at the CBN, according to Brigadier General Emmanuel Ikwe, Chairman, Port Harcourt Zonal Shareholders Association, is the nationalisation of some banks in 2011.

He lamented that shareholders who are ordinarily owners of the banks were not consulted, and even now that the banks are being sold to new core investors.

Ikwe, therefore, urged the in-coming governor to take another look at the entire process, to see if justice had been done to all.

Afterwards, he said, “anything wrong should be redressed. It is not right for the CBN to appoint people, and then negotiate with the appointees to sell the bank”.

For Nona Awoh, a shareholder rights activist, Emefiele must determine what Nigerian banks should do with their reserves which are idling away, and which they only keep reporting.

The CBN Governor comes onboard with 27 years of banking experience, 24 of which he spent at Zenith Bank, where he rose through the ranks from Manager, Corporate Banking (loan origination and analysis) in 1991.

A 1984 graduate of Finance & Banking, University of Nigeria, Nzuka (UNN), where he also obtained a Masters of Business Administration (Finance & Banking) two years later, Emefiele started his banking career as a credit analyst at the Nigerian-American Merchant Bank Limited in 1987, before joining Industrial Bank Limited (Merchant Bankers).

Between 1984 and 1985 he undertook his National Youth Service Corps (NYSC) scheme as assistant lecturer (1984-1985) in Mathematics of Finance and Bank Management; and University of Port Harcourt, River State, as Assistant lecturer in Principles of Insurance between 1986 and 1987.

He became Assistant General Manager in 1995, General Manager in 1997, Executive Director (1999), and Deputy Managing Director in 2001, from where he assumed the position of chief executive nine years later in 2010.

He was credited with growing Zenith Bank’s Shareholders’ Funds from N372 billion in 2010 to over N462 billion in 2012; driving profitability from N37 billion in 2010 to over N100 billion in 2012, and getting its $850 million Global Depository Receipts (DGR) listed on the London Stock Exchange – the largest of any Nigerian bank on the LSE.

Meanwhile, Emefiele’s replacement at Zenith Bak, Peter Olisamedua Amangbo, resumes today.

Before now, he has been Executive Director of the bank for the last nine years, with responsibility for supervising corporate and commercial banking, corporate finance, trade services and all the subsidiaries of the bank.

A 1988 Bachelor’s Degree holder in Electrical/Electronic Engineering from the University of Benin, Amangbo trained with PricewaterhouseCoopers and qualified as a chartered accountant before joining Zenith Bank in 1993.

He also holds a post-graduate diploma in computer science and a Master’s Degree in Business Administration.

With over 16 years post-graduate experience, 12 of which were in the banking industry, he was the head of Financial Control and Strategic Planning before his reassignment as head of the Corporate & Retail Banking Group and Zenith Bank’s group zonal head, Lagos.

As part of his job as Executive Director, he supervised the Power & Infrastructure Group as well as the group’s foreign subsidiaries.

He has also gained experiences in Corporate Finance and Investment Banking, Business Development, Credit and Marketing, Treasury, Financial Control and Strategic Planning and Operations. He was appointed to the board of the Bank and its subsidiary companies in 2005.

He was a pioneer Non-Executive Director of Zenith Bank UK.

Before joining the banking industry, he was a senior consultant with PriceWaterhouse where he covered assignments in financial services, manufacturing and general commerce.

According to a statement by the bank, “Amangbo brings the experience and expertise to meet the current competitive banking challenges that require constant innovation through proven leadership and team-building skills, an exceptional ability to drive product, process and customer service improvements and a talent for building partnerships with key business decision-makers.

“He also has demonstrable ability to motivate, mentor and lead talented senior professionals and to direct cross-functional teams.”

Source- Daily Independent

Cameroun kills over 40 Boko Haram insurgents

   
Cameroun security forces have killed some 40 Boko Haram militants in clashes in the country’s far north, state radio said on Sunday, shortly after the release of two Italian priests and a Canadian nun suspected to have been held by the Islamist group.

A presidency source confirmed the clashes, which took place west of the town of Kousseri, in the region bordering Nigeria and Chad.

Cameroun, which has been criticised by Nigeria for not doing enough to fight the Nigeria-based Boko Haram, deployed some 1,000 troops in the far north this week as it steps up the fight against the Islamist militants.

Pele’s son jailed 33 years for money laundering

The son of the Brazilian football legend Pele has been sentenced to 33 years in jail for laundering money raised from drug trafficking.

Edinho is a retired footballer who played goalkeeper for Pele’s old club, Santos, in the 1990s.

He was first arrested in 2005 and has served a sentence for drug trafficking offences and links with a notorious drug dealer in the city of Santos.

He admits he had a drug problem but denies the trafficking charges.

The ruling was issued by a judge in the nearby coastal city of Praia Grande, in Sao Paulo state.

Brazilian media have not been able to contact Edinho, whose real name is Edson Cholbi do Nascimento, but they say he is expected to appeal.

US childhood

Pele, or Edson Arantes do Nascimento, played all his professional career in Brazil for Santos.

Playing for Brazil, he won the World Cup in 1958, 1962 and 1970 and was acclaimed as the greatest footballer of his generation.

Pele won the World Cup three times with Brazil and scored more than 1,200 goals in his career
He retired in 1974, but made a comeback a year later for New York Cosmos.

Edinho is Pele’s third son from his first marriage. He was five when the family moved to New York to play for Cosmos.

When he returned to Brazil he decided to pursue a career in professional football – as a goalkeeper, much to his father’s surprise.

He was Santos’ goalkeeper in 1995 when the team reached the Brazilian league final, losing the title to Botafogo.

His detention and alleged involvement with drug gangs took most people in Brazil by surprise.

Pele, now 73, went to visit his son several times in jail.

“God willing, justice will be done. There is not a shred of evidence against my son,” he said in 2006.

Edinho said that his father was his idol.

Four other people have also been convicted for many laundering, including a man accused of controlling much of the drug trafficking in the region – Ronaldo Duarte Barsotti, known as Naldinho.

BRAZIL 2014: Super Eagles in fresh match-fixing mess

Nigeria officials may face prolonged ban if found guilty of match fixing.
Nigeria has been implicated in yet another football match-fixing scandal, with the revelation that the friendly match between the Super Eagles and North Korea on the eve of the 2010 World Cup in South Africa was doctored.
The allegation, published by the New York Times, opens a fresh can of worms in a series of claims that Nigeria has featured prominently for years in the dubious art match-rigging.
Nigeria won the friendly against the North Korean side by 3-1.
Besides the result, that match also grabbed the headlines over a stampede that occurred before the commencement of the exhibition game, as hundreds of South Africans and other fans trooped to the stadium to catch a glimpse of the Eagles.
It now turns out they were served a script worked out by a gambling syndicate.
The New York Times said South African officials allowed a notorious Singaporean syndicate, Football 4U, to pick the referee for that match.
Fixing games has serious profit implications for Asia’s largely unregulated but lucrative betting market.
Most fixed bets are placed on which team will win against the spread and on the total number of expected goals. By some estimates, the illegal betting market in Asia amounts to hundreds of billions of dollars annually, the report said.
Quoting from FIFA investigative report, the New York Times said FIFA investigators found that the referee in the Nigeria-North Korea match made several questionable calls. But investigators could not confirm whether the referee was a rogue Nigerien referee, Ibrahim Chaibou.
The investigators said they were however certain that the referee who officiated was not the Portuguese who had been assigned.
Such replacements are part of the trick, and do happen in fixed games presumably without FIFA’s knowledge.
The referee took “a very harsh stance” in giving a red card for a seemingly lesser infraction, and he later took “a very liberal stance” in awarding a suspicious penalty kick, the report was quoted by the New York Times as saying.
Mr. Chaibou had his hands soiled in many other matches adjudged to have been fixed including the South Africa Vs Guatemala game in which South Africa won 5-0. The referee was said to have received $60, 000 for his role.
It was also Mr. Chaibou who officiated the Nigeria – Argentina friendly in Abuja, also adjudged to have been fixed as the Eagles triumphed 4-1.
It is not clear what role Nigerian officials played in fixing the North Korea match.
But in recent months, Nigeria has been mentioned as a beneficiary of fixed matches.
One notorious Singaporean gambler cum match fixer, Wilson Raj Pemural, said in a personal memoir published this year that he aided the Super Eagles qualify for the South Africa 2010 Mundial.
Mr. Pemural played significant role in all of the Times findings.
Even Nigeria’s friendly with Scotland last week which ended in a two goal draw is under investigation for suspected fixing.
Officials of the Nigeria Football Federation, NFF, have consistently denied all the allegations.

New weight control pill takes America by storm

Move Over Weight Watchers, a new dietary supplement has everyone raving. Due to its almost unbelievable results, it has also created quite a frenzy among dieters. Garcinia Cambogia, a fat burning extract from a rare tropical fruit, is so effective it has become one of the hottest diets in the United States – But not without controversy.

Critics say the compounds – hydroxycitric acid, or HCA (the extract from the Garcinia Cambogia fruit) – cause such dramatic weight loss that they are ripe for abuse by people who only want to lose weight for cosmetic reasons. Proponents of the nutrient claim that banning the natural compound would be akin to banning vitamins.

One thing people on both sides can agree on is that the controversial, new supplement works. According to a new study from researchers at Georgetown University Medical Center, men and women who took the Garcinia Cambogia supplement for 8 weeks lost an average of 16.5 pounds without additional diet or exercise.

Another study published in the journal Nutrition Research found that people taking Garcinia Cambogia extract lost an average of 6.7 percent of their total body weight, including 12.3 percent of their total body fat – with zero side effects. In fact, not only were there not any side effects, but people using the supplement actually experienced improved health measures across the board, including reductions in bad LDL cholesterol, triglycerides, and blood sugar.

And if all that weren’t reason enough to have desperate slimmers stocking up, researchers from the Department of Laboratory Medicine found that people taking Garcinia Cambogia extract experienced a significant decline in cravings for sweets and other foods high in carbohydrates – likely due to the nutrient’s positive effect on insulin and blood sugar counts.

Test Publication

This post is meant to test our site, in our bid to resume publishing. We are publishing from a mobile publisher at the moment, and want to see how effective this is. Please feel free to comment here so we can know how well this is, or where we need to make improvements. Thank you.
JUNGLE JOURNALIST

EDO 2016:Deputy Governor Odubu escapes death as gunmen attack his campaign team in Auchi

Edo State Deputy Governor, Rt. Hon. Dr. Pius Odubu escaped death by whiskers today  in Auchi by when some gunmen shot at him inside the APC secretariat in the city as he was receiving delegates.

On Wednesdays 27th April, Odubu had officially flagged off his campaign to run for governor amidst accusations and counter-accusations between him and Governor Adams Oshiomhole.

The shooting occurred shortly after the governor and his deputy left a function organized by Barr. Damian Lawani, the State House of Assembly member  representing Etsako Central Constituency.

The gun men invaded the venue of the campaign at the APC secretariat in the local government
and opened fire.

According to reports, Odubu escaped unhurt while five persons were critically injured and are currently receiving treatment at an undisclosed hospital.

The guard commander of the Deputy Governor’s police team was one of those hit when he shielded his boss from being hit by bullets.

Analysts say the attack might not be unconnected with the impasse currently going on between the governor and his deputy.

Source-Kemi Akinjare Blog

from Blogger http://bit.ly/1NbvteE

Oba of Benin: NOCSON[Civil Societies] commiserate with Bini royal family- PRESS RELEASE

On behalf of the leadership and membership of Network of Civil Society Organizations of Nigeria (NOCSON), humbly and ably  led by Abraham Oviawe,  Esq, we commiserate with the Royal Family, Benin Traditional Council and the entire people of  Benin Kingdom over the demise of a Philosopher King, The Great Oba of Benin Kingdom, His Royal majesty, Omon n ‘oba N’Edo Uku Akpolokpolo, Oba Erediauwa CFR  after a glorious 36 years on the throne.

Though  His Royal Majesty has  gone to join his  ancestors, he is still alive today  because the legacies he imprinted  on the sands of history are there to always guide his subjects.

The great monarch was a Father of multitude, a man who believed so much in the the solomonic philosophy of justice, equity and good conscience when pronouncing  judgments on matters that were brought before his  royal table.

His reign as the 38th Oba of Benin Kingdom elevated the land of Igodomigodo  to the pedestal of peace, concord and tranquility, as his solomonic role united his subjects  as members of one large family.

The great monarch will be remembered ad infinitum for his positive contributions to  humanity and  as one of the most outstanding traditional rulers of his era. We pray the Almighty God grant  Crown Prince Erediauwa the solomonic  wisdom and courage he requires  to build on the laudable legacies of Oba Erediauwa.

May his  soul continue to rest in perfect peace.

Signed:

Marxist Kola Edokpayi
Publicity Secretary
Human Rights House.

from Blogger http://bit.ly/24s9AMi

Nigerians in London hold mega protest against Fulani murderers next Tuesday

The coordinators of the May 3 2016  planned London protest are insisting that the plan to carry out the peaceful protest remains  despite the presidency call on security chiefs to step into the terror attacks on farmers and community residents  in the middle belt and Southern part of the country.

The organizers call on all interested parties taking part in the protest against the butchering of farmers on their farmlands in Nigeria not to be deceived by the presidential announcement on the carnage, claiming that the president’s new intervention is belated and is  distraction ploy to confuse on the protest plan.

On Tuesday night, concerned Nigerians across the World commenced efforts to inform the World on the situation in Nigeria where Fulani cattle rearers  are carrying out wanton killing of farmers from other parts of the country, armed with sophisticated weapons. Many across the country see the stance of the normads   as an opportunistic exploitation of the seat of the president thinking they are untouchable and parading arms supplied by their god-masters, some of who are rumored to be stakeholders in the government.

London Protest Against Herdsmen Must Go On, Say Organisers Protest London Protest Against Herdsmen Must Go On, Say Organisers EvilHerdsmen
London Protest Against Herdsmen Must Go On, Say Organisers

Although the president announced on Wednesday night  that the Nigeria national security and the Armed Forces and Police should take all necessary action to stop the carnage, such call was coming after the Diaspora caught-in and articulated plans to organise protests in denounce of the carnage.
According to United Kingdom based organisers of the protest,  the president’s late statement  had sold out the nation’s security services as cowards who are incapable of defending the people of Nigeria, maintaining the announcement had been belated, coming after London had announced the protest plan to draw World attention to the terrorized Nigerians plight. About a thousand farmers and community residents have been killed since January this years in a spate of wide-spread gun attacks as the herdsmen encroach on farmlands to graze their cattle on green grassed farmlands.

Mr Dare Lasisi, is one of the organisers. Protest London Protest Against Herdsmen Must Go On, Say Organisers dare1
Mr Dare Lasisi, is one of the organisers.
One of the activists, Mr Dare Lasisi questioned: “Where is the presidential voice prior to the announcement of the coming protest”. Mr Lasisi, who is also a London based blogger responding to an interview with the London based As-It-Is-News online media forum added that the action of the Nigerian security services during the recent attacks had portrayed security connivance with the marauders putting up deliberate inaction which has earned many people including children, women and head of family breadwinners their lives.

Another activist, Chidi Cali queried the logic behind the government inaction since the carnage spiraled, alleging that a responsible national security team would not have to wait for presidential order before taking action against acts of terrorism and mass killings against citizens. According to him, the inaction had further sold the nation’s security to the World as irresponsible and ineffectual. He said there was no going back on the planned protest.

Ace broadcaster and  the spokesman of Nigerian Union of Journalist UK Chapter, Mr Lashley Oladigbolu also charged the Nigerian security of betraying the trust of Nigerians: “The Nigerian security services have sworn to defend the Nigerian nation and her people against every act of oppression. If they fail to do so, we owe the people the responsibility to voice for them and make their voices hard across the World”.

Chidi Cali: The protest must go on Protest London Protest Against Herdsmen Must Go On, Say Organisers Chidi
Chidi Cali: The protest must go on
The organisers urged Nigerians not to be fooled by the statement from the President adding that currently, there is presidential deception of the people as no strong voice had come from the nation’s leadership in condemnation of the killings across the country until the current mass protest had been announced.

Chinenye Lauretta Ufearoh, one of the coordinators of “Say No To evil Herdsmen” lending her voice said Nigerians would not take the president seriously unless he( the president) fishes out the sponsors who supply guns to the herdsmen, the Nigerian public would not take his voice seriously.

“Where are the guns coming from if not from those Fulani cattle traders and associates  close to the government?. We need more explanation from the government to do and the president must prove that the armed gangs are not from the seat or corridors of power”

The blood sucking itinerary cattle rearers owned by suspected political super-lords for years have unleashed mayhem on innocent citizens from across the regions of Nigeria terminating innocent lives at will and threatening to  kill more if they stand on their way as they take their cattle to various farmlands where innocent farmers tilling their farms are killed in cold blood for disallowing the abuse of their crop land.

Many of the herdsmen are armed with AK-47 and other short-guns, killing at will whoever stands on their way from allowing their cattle to graze over land with green grass.

“Who supplied the guns and who are the sponsors of the herdsmen”, he questioned, adding that until a satisfactory answer to this questions are asked, Nigerians in the Diaspora will continue to motivate for protests.

In his own reaction, a youth motivator and Public Affairs commentator, Mt Akintokunbo Adejumo wondered on how the Nigerian president took so long to react on the mass killing.  He posted on his Facebook page:”Why did it take the President this long to react, after many deaths and destruction?. The question articulates what has been on the minds of the generality of Nigerians, particularly

The protest organisers  are urging those coming to dress-up in black clothing in order to be in the true frame of appearance “To mourn our departed compatriots”.
The organisers are also reminding Nigerians that this isn’t APC VS PDP matter but an issue that concerns us all and a war against Fulani Killers Herdsmen.

The march is scheduled to take place on Tuesday 3rd May at 11 am – 1pm to commence from the Nigerian High Commission on Northumberland Avenue to the UK Parliament Building at Westminster, London.

from Blogger http://bit.ly/1pRWzMA

Ize-Iyamu commiserate with the Palace, extols Oba’s virtues

Pastor Osagie Ize-Iyamu, a leading PDP gubernatorial aspirant in Edo state has commiserated with the royal family, prominent chiefs and the entire people of Benin Kingdom over the passage of His Royal Majesty, OMO N’ OBA N’ EDO, UKU AKPOLOKPOLO, Oba Erediauwa CFR, The Oba of Benin, describing his reign as meritorious to the Kingdom.

”On behalf of myself and my family, I commiserate with the royal family and the entire people of the great Benin Kingdom on the passage of His Royal Majesty, OMO N’ OBA N’ EDO, UKU AKPOLOKPOLO, Oba Erediauwa CFR. This is a great loss to Benin Kingdom which boasts of an enviable history of unbroken continuity of great monarchs who left indelible imprint in history” he said.
He observed that Oba Erediuwa’s reign was characterized with peace and tranquility as his fatherly role united all his subjects.
According to him, during Oba Erediauwa’s reign, Benin culture flourished and witnessed remarkable growth with chiefs playing prominent role in preserving and jealously guiding the custom of the land.
Born in 1923, Oba Erediauwa is the 38th king of the great Benin kingdom whose reign Ize-Iyamu pointed out will go down in history as an epoch of renaissance as education and the propagation of the true values of life was vigorously pursued.
He was a top administrative personnel in his hay days in the Federal Civil Service with a sound legal mind prior to his ascendancy to the revered throne. His reign Ize-Iyamu stressed was worthy of emulation by his subjects especially the young who have come to realize that education and exposure are desirable.

“He will be remembered for his great wisdom reminiscent of that of King Solomon in the Holy Bible. While we observe the rites of passage of our reverred monarch,  we are consoled by the rising of another Sun, the crown prince, in the horizon of Benin Kingdom”.

from Blogger http://bit.ly/24c3ovn

Matthew Iduoriyekemwen commiserates with Benin royal palace on Oba

I have received with the greatest shock of my life but with total submission to the incontestible will of the Almighty God the transition to Greater Glory of the Omo n’Oba n’Edo Uku Akpolokpolo, Oba Erediauwa CFR, The Oba of Benin.

Your reign as the 38th Oba of Benin and the attendant peaceful co-existence between your subjects and our immediate and extended environment cannot be over-emphasized; the cultural renaissance, re-orientation and education therein was a mix of the old and new order; while sustaining the historical background and flavour of our tradition and custom, Your Royal Majesty, our very distinguished Palace Chiefs and the Benin nation, under your Kingship vigorously promoted a contemporary view of royalty.

Though I am pained at your demise at this critical time in the life of our dear State, when your wealth of wisdom would have been very instrumental as to building a sustainable bridge of peace, understanding and tolerance amongst us, I am however consoled by the fact that your good and humanitarian works before and during your reign will continue to be points of references and guiding principles in our dealings with us.

Your Royal Majesty gave us millions of reasons to believe in oursleves, promote our cherished culture and tradition, fight for our rights, love, protect, defend our land and territories; On behalf of my teeming supporters and my family, I wish to convey my deepest condolence to the Benin Royal family, the Palace and the entire Benin nation for the loss of the Omo n’Oba n’Edo Uku Akpolokpolo Oba Erediauwa CFR (The God-King).

May the Almighty God and our Ancestors continue to bless and protect the Benin nation, Edo land and Nigeria in general.

Oba gha t’okpere, ise.

Signed
Hon. Matthew Aigbuhuenze Iduoriyekemwen
PDP Gubernatorial Aspirant
Edo State

from Blogger http://bit.ly/1UnsMrS

Oshiomhole restates commitment to workers’ welfare

Governor Adams Oshiomhole of Edo State says the state Government got only N1.6 billion from the Federation Account this month and has a shortfall of N1.4 billion to meet salaries and overheads, but that it won’t stop the Government from meeting its wage obligation before the end of the month.

Oshiomhole who restated his commitment to the prompt payment of workers’ salaries during a visit of the newly elected leadership of the Trade Union Congress (TUC) said, “the labour movement remains to me my primary, original constituency. Politics is my secondary constituency, and I am never ashamed to say it that the style that I adopt and the strategy that I evoke are the result of my trade union training and all that the union equipped me with. So, our movement gives us all that we need to prepare for leadership. So, I congratulate you on your election. I also want to congratulate your immediate predecessor, for the leadership he provided for the TUC.

“Things are tough. This month, Edo State Government received from the Federation Account N1.6 billion. I will need about N3 billion to pay wages and overheads and other basic things that are not negotiable, which means we have a deficit of about N1.4 billion. But we will pay the workers before the 30th, before May Day, they must get their money. It is a lot easier for the government to explain poor finances. It is far more complex to explain how in the face of the crisis in the country, how a worker is able to go to work, stay at work, put in eight hours work, find his way back home, provide for his wife and then hug the children as a father that cares with a salary of twenty thousand.

“So, the worker is the greatest economist, whether in prosperity or in recession, the wages are taxed while every other price is dynamic. As a Christian, I think it is a temptation. So, when it dropped to this level, I think somebody must be saying, let’s see how he is going to cope. The God that made me a governor will enable me to meet all the obligations.

“Your request for May Day, we will provide. We don’t have much in our treasury but we have much in our will and determination. And it is that will that will enable us to do any of the things that are good in the eyes of God. So, we will do the May Day as if we were not in this kind of crisis.

“For the promotion, I have told the Head of Service. I want our promotion to be up to date, sign them, implement them, not notional, and translate them to naira and kobo so that I am not passing on any social burden to my successor. I want to be able to pay it so that nobody will say I did it on the eve of my departure.

“For us to get out of this recession, we must reflate the economy. I have argued and nobody has contradicted me that what we spend on workers is the only money that re-circulates within the Nigerian economy. What the ruling class spends is the only money that often flies out of the country. So, if we are going to keep the economy going, we need to spend more money on the productive force so that the money can circulate. I understand that paying workers is not an act of goodwill; it makes economic sense. It is a smart thing to do to pay a living wage and a decent wage. It is healthy for the economy. So, we will sustain the promotion, fast track the process and I will endorse and we will start to pay.

Speaking earlier, the newly elected chairman of the Trade Union Congress, Comrade Marshall Ohue said, “Specifically on the 11th of February this year, a new leadership emerged in the Trade Union Congress of the Edo State Council. I am not surprised at your antecedent over the past seven years. You have done so much in terms of infrastructure. It goes to show your zeal and your passion for developing Edo State and making Edo State a workable state. I am not surprised because I know what you are capable of doing. You did it when you were the NLC President. I knew you would do better as a governor and that you have certainly shown.”

The TUC chairman continued, “Your Excellency, I went through Egor this month and I discovered that the whole mammy water has disappeared. Now I remember as we used to say, power pass power. The ultra-modern hospital is one of the best in Africa. You have written your name in gold. You broke records and you create new ones. Sir, we say kudos and bravo to a man of honour.

“I also want to thank you in the area of payment of salaries even in the midst of dwindling economy of the nation, when many states find it difficult to pay their workforce.

“Thank you for the cooperation over the years. As my leader here has said, if they were good, we will do better. If they are best, we will be excellent. Under my watchful eyes as the TUC chairman of Edo State, I am ready to work with you to ensure that there is industrial peace in Edo State, between Edo State workers and Edo State Government, especially when you are one of us.”

from Blogger http://bit.ly/1SQGst5

Oba of Benin: All Males Ordered to Shave Their Heads

The Benin Traditional Kingdom has formally announced the transition of Benin Monarch, Oba Uku Akpolokpolo Erediauwa.

A statement by the Iyase of the Kingdom, Sam Igbe, relayed in local Benin language, and translated to the hundreds of palace chiefs, sons, daughters and journalists, said the traditional ruler had re-united with his ancestors.

The formal announcement followed the breaking of the White Chalk at the Urho-Ozolua shrine in the presence of palace high chiefs and others, a symbolic ritual to signify the demise.

The prime minister of the kingdom, Chief Igbe, as a sign of respect to the monarch, directed all markets to close till further notice.

He also directed the sons of the Kingdom to shave their heads while palace chiefs with multiple beads are to wear only one.

By the directive, at least 15 major markets across the seven local government councils that make up Benin Kingdom and Edo South District closed immediately.

from Blogger http://bit.ly/24c147x