Saturday, 6 October 2012
Nigeria oil production ends in 41 years - World Bank
Nigeria oil production ends in 41 years - World Bank
The report which was presented by the World Bank’s chief economist for Africa, Shantayanan Devarajan, on Thursday said Nigeria’s and Angola’s oil reserves will be depleted in 41 and 21 years respectively.
“Nigeria, the largest regional producer, can keep supplying at 2011 levels for another 41 years, while Angola, the second largest producer in the region, has about 21 years remaining at current production levels before its known reserves are depleted.
“Given the size of these reserves, it is likely that the dependence on oil resources in these countries are likely to continue in the near to medium term. Production in newly oil-rich countries such as Ghana and Uganda could also last for several years.”
According to the World bank’s chief economist, Mineral wealth in African countries including Nigeria don’t translate to prosperity because the money accruing from it doesn’t pass through the citizens, and the citizens don’t see the wealth as theirs. (Channel TV)
I'm Engaged But Still Searching; Nollywood Actress
Nollywood actress and model, Princess Chineke, a product of the New York Film Academy, has featured in several movies and soaps such as Ladies Cult, Tarima, Papa Ajasco, etc.
I'm Engaged But Still Searching; Nollywood Actress
Nollywood actress and model, Princess Chineke, a product of the New York Film Academy, has featured in several movies and soaps such as Ladies Cult, Tarima, Papa Ajasco, etc.
Why I Said Early Morning Sex Is Good –Gospel Singer Kefee
Branama singer, Kefee, discusses her new marriage, her latest album, her ex-husband and a few other issues with ’NONYE BEN-NWANKWO.
One of the issues was her controversial post on a social networking platform that early morning sex is good, just a few weeks into her second marriage. Enjoy the read...
I Weep When Having Sex With My Sugar Daddy; But I Can't Leave Him
I'm 22 years old and an orphan, I stay wit ma uncle. Please hide my identity... I'm dating this man who is about 54yrs old, he is willingly to do anything for me, he is like a father to me.
He helps me financially since non of ma parents' people are helping me. I've hard several heart breaks and I told ma self that I wont love any man that comes ma way again, just to have fun and move on with ma life.
Recently I met this guy name John, he loves me so much and I fell in love wit him, we have been dating 4 almost one month now. He is 26yrs old, he works but I dont wana be a burden on him.
My question is should I quit ma sugar daddy and stick to ma new lover? I dont feel comfortable being around ma sugar daddy any more, each time he wants to have sex with me I feel bad and weep in ma heart. I just have 2satisfy him if not I will die of hunger and poverty.
Ma lover cant be of help to me financially.... Please, what should I do?
My question is should I quit ma sugar daddy and stick to ma new lover? I dont feel comfortable being around ma sugar daddy any more, each time he wants to have sex with me I feel bad and weep in ma heart. I just have 2satisfy him if not I will die of hunger and poverty.
Ma lover cant be of help to me financially.... Please, what should I do?
Men Beware! Beautiful Women Are Dangerous To Your Health
A beautiful woman is the envy of many. While being beautiful does have numerous advantages, there are also disadvantages – one of which is being harmful to men’s health.
So ACN Sold Ribadu's Presidency To Jonathan For N16billion?
Fresh revelations have emerged with regards to the woeful performance of Mallam Nuhu Ribadu, candidate of the Action Congress of Nigeria, ACN, in the 2011 presidential election.
In that election, majority of the so-called ACN states voted massively for President Jonathan, while ignoring their own candidate, Malam Nuhu Ribadu.
The embattled chairman of Action Congress of Nigeria (ACN) in Kaduna State, Alhaji Mohammed Musa Soba, has described the national leadership of the party as a “rogue leadership,”.
He accused them of selling the candidature of its presidential candidate in the 2011 election to the Peoples Democratic Party (PDP) for one hundred million dollars.
“A rogue leadership is one that collected one hundred million dollars (N16 Billion) from the PDP, delivered the south-west to the PDP in the 2011 presidential election and shamelessly turn round to accuse the PDP of corruption and stealing of public funds,” said Alhaji Soba, whose removal was announced by the ACN spokesperson, Lai Mohammed.
Firing hard at the national leadership of ACN in a statement, Alhaji Soba claimed that he is being witch-hunted for asking them to explain why they sold Ribadu's bid for the presidency.
He described ACN as lacking a Board of Trustees and visionary leaders and always abusing its own constitution while shamelessly labeling others as clueless and dictatorial.
“We challenge Lai Mohammed and the national secretary of the party, Senator Lawal Shuaibu, to tell the whole world why state chapters like Enugu, Ebonyi, Abia, Cross Rivers, Bayelsa, AkwaIbom, Nassarawa, Plateau, Bauchi, Gombe, Yobe, Borno, Adamawa, Taraba and Kaduna states are all facing national leadership induced crises,” he said.
Alhaji Soba insists that he is still legally the chairman of the Kaduna ACN, stating, “Their own decision on the Kaduna leadership crisis is a nullity, void ab initio, and an exercise in futility for its violent conflict with the party’s constitution, NEC’s resolution of May 11, 2011 and all the civilised norms of a democratic practice
Firing hard at the national leadership of ACN in a statement, Alhaji Soba claimed that he is being witch-hunted for asking them to explain why they sold Ribadu's bid for the presidency.
He described ACN as lacking a Board of Trustees and visionary leaders and always abusing its own constitution while shamelessly labeling others as clueless and dictatorial.
“We challenge Lai Mohammed and the national secretary of the party, Senator Lawal Shuaibu, to tell the whole world why state chapters like Enugu, Ebonyi, Abia, Cross Rivers, Bayelsa, AkwaIbom, Nassarawa, Plateau, Bauchi, Gombe, Yobe, Borno, Adamawa, Taraba and Kaduna states are all facing national leadership induced crises,” he said.
Alhaji Soba insists that he is still legally the chairman of the Kaduna ACN, stating, “Their own decision on the Kaduna leadership crisis is a nullity, void ab initio, and an exercise in futility for its violent conflict with the party’s constitution, NEC’s resolution of May 11, 2011 and all the civilised norms of a democratic practice
Tuesday, 2 October 2012
20 students of Federal Polytechnic, Mubi, Adamawa state shot dead
Students in the hostel have started leaving for fear of another attack. The school is yet to issue a statement about the murders.
2 Nigerian students face deportation from Canada for working at Walmart
Full Text of President Jonathan's Independence Speech
Flytime TV asks celebs what the word 'Penultimate' means
You won't believe some of their responses...hahaha. Check it out
Why I Can’t Solve Nigeria’s Problems Alone –Jonathan
“Leadership at all levels of government is a collective thing. One person cannot change a nation. The President, governors, lawmakers, members of the judiciary alone cannot do it."
Why Broken Marriages Are Rampant Today
The Redeemed Christian Church of God has expressed concern over the rampant cases of broken marriages and blamed the development on weak foundation.
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