Analysts doubt ability to execute gas plan

Operators in the oil and gas sector have listed steps that must be taken for the ‘gas revolution' project launched by the federal government to make any meaningful impact. They said the atmosphere for the smooth sail of the project cannot be laid in the little time the government has left. President Goodluck Jonathan had last week launched the project…

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Gas flaring, hot air, and fertilizers

Last week, Goodluck Jonathan signed what has been described as binding memoranda of understanding (MoUs) with petrochemical companies from Saudi Arabia and India as well as with Chevron, AGIP, and Oando. According to the president, this step signalled the start of a Gas Revolution in Nigeria. Coming a week before general elections, we cannot fail to note the political undertones…

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Taxpayer identification number begins next year

The Federal Inland Revenue Service (FIRS) yesterday said that the project to computerise the nation's tax system is billed to take off with the full implementation of the Unique Taxpayer Identification Number (UTIN) system in April next year. The computerisation system, which the service has been championing in conjunction with the Joint Tax Board (JTB) in the last four years,…

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Taxpayer identification number begins next month

The Federal Inland Revenue Service (FIRS) yesterday said that the project to computerise the nation's tax system is billed to take off with the full implementation of the Unique Taxpayer Identification Number (UTIN) system in April. The computerisation system, which the service has been championing in conjunction with the Joint Tax Board (JTB) in the last four years, is expected…

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Stock Exchange suspends general manager

The management of the Nigerian Stock Exchange (NSE) yesterday suspended Binos Yaroe, general manager, Listing and Quotation Department. He was placed on indefinite suspension over what was described as "indiscipline act". However, no further explanation was given as to the nature of the indiscipline. Mr. Yaroe, who was suspended on Tuesday, has been asked to stay off work from the…

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Monument Bank enjoys N6b profit

Nigeria's First City Monument Bank said on Wednesday its pre-tax profit rose to 9.02 billion naira ($58 million) in 2010 from 856.6 million the previous year, and declared a 0.35 naira dividend per share. Gross earnings rose to 62.67 billion naira from 35.79 billion naira in 2009, the bank said in a filing with the Nigerian Stock Exchange.

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Ibra derby absence crucial’

30 March 2011 AC Milan vice-president Adriano Galliani has admitted that the absence of star forward Zlatan Ibrahimovic for Saturday's derby against Inter Milan is a huge blow. The Sweden forward is serving the second of a two-match ban imposed for striking Bari's Marco Rossi in the ribs. He was originally banned for the regulation three games for violent conduct…

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ENVIRONMENTAL FOCUS: Victory for ecology in Germany

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‘The times they are a-changing!’ Really? Remember the old Bob Dylan song? Well, that is exactly what has happened last weekend in the southern German state of Baden-Wuerttemberg. In what must be a historic turning point, the German Green Party is the winner of regional elections, and Winfried Kretschmann thus becomes the first Green Minister-President in Germany. This victory, which…

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Opposition presidential candidates yet to reach Cross River

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As the deadline for campaign by political parties contesting the April elections draws nearer, most of the presidential candidates are yet to campaign for votes in Cross River State. Apart from President Goodluck Jonathan has held a rally in the state, others like: Ibrahim Shekarau of the ANPP, Mohammadu Buhari of the CPC, Pat Utomi of the SDMP, Chris Okotie…

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Ekiti State promotes civil servants

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The Ekiti State government yesterday approved the promotion of civil servants who are due for promotion with effect from January 2010. The government has also appealed to labour unions for more understanding on the issue of pay relativity, saying what it receives from the Federation Account and Internally Generated Revenue are too meagre to accommodate the pay rise being demanded.…

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Siasia: ‘We only did the scoring!’

29 March 2011 Super Eagles coach, Samson Siasia, has admitted his team may have ran up four goals past Ethiopia, but the Walya Antelopes outplayed his team in the midfield. The goal rush that the fans asked for at the Abuja National Stadium Sunday night came to pass, but the overall performance of the team left very little to cheer…

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Black Stars set for Wembley

29 March 2011 MTNFootball.com will bring you live Play-by-Play coverage of the International Friendlies between England vs Ghana (Tuesday, 29 March. Kick-off 21:00) as well as Nigeria v Kenya (Tuesday, 29 March. Kick-off 19:00. Ghana will face England for the first time at senior level at Wembley Stadium in London tonight. The Black Stars come into the game full of confidence after…

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Shift in power in Africa?

29 March 2011 A cursory glance at the 2012 Africa Cup of Nations qualification groups makes you wonder whether there is a growing shift in power in African football. Cameroon, Egypt, Mali, Nigeria, Algeria, Morocco and Tunisia have all looked less than convincing in the qualifiers to date, and all are in serious danger of not making the tournament in…

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‘Zoning guarantees Igbo presidency’

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Osita Okechukwu, the governorship candidate of the Congress for Progressive Change (CPC), has said that zoning guarantees the Igbo ethnic group will produce a President in 2015. Addressing polling agents of his party on Monday at Amechi Awkunanaw, an Enugu suburb, Mr Okechukwu said``Zoning is the best for the country under the political scenario we have found ourselves. ``It offers…

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NGO canvasses votes for women

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A Non Governmental Organisation (NGO), Women and Children Alive (WCA), has appealed to women to vote for their fellow women vying for various political offices in the April general elections. Victoria Balogun, the Executive Director of WCA, made the appeal while speaking at a rally for potential voters in Ijebu-Ode, Ogun State, on Monday. Mrs Balogun said a vote for…

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