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Thursday, May 19

Private schools to raise fees as fuel price goes up





Private school operators may be grappling with a groundswell of challenges in their operational environments, but the recent removal of subsidy from Premium Motor Spirit (PMS), better known as petrol, by the Federal Government, has certainly added to their burden.
With constant power outage placing tops among niggling problems faced by these education providers, last week’s jerking up of the pump price of fuel from N86. 50, to N145. 00 certainly makes their case worse since they still have to buy the product to power their schools.
As a matter of fact, many school owners say they find it difficult coping with the additional energy cost thrust on them by the government, just as they expressed disappointment at the difficulty in getting the product, even after subsidy was removed.
Overall, they fear that some of the cost-cutting measures, which may be resorted to may, in one way or the other negatively impact scholarship in the schools.
According to the proprietor of St. Wisdom Private School, Amuwo Odofin, Festac Town, Lagos, Mr. James Etti, the policy directive “means we have to also increase our tuition fee as well. If not, we won’t be able to run our school buses from Monday to Friday.
He added, “With the current economic hardship, it is obvious that the prices of items would definitely double in the markets. The person who supplies my school fabrics for uniforms has now doubled the price, and you can imagine how much we will sell the school uniforms to parents.
“Before the subsidy removal, our school bus driver had to pass the night at filling stations just to get the product to enable him pick up our students. But even up till now, fuel is not everywhere,” he lamented.
Proprietor of Luciana College, along Badagry Expressway Lagos, Mrs. Kelly Odama, is of the view that the government’s action was anti people as parents and pupils daily spending would skyrocket.
According to her, “This increment in the pump price of fuel suggests to me that the government is not working in favour of the masses. This is because whenever anything affects fuel price, every other aspect of our lives is impacted upon negatively. Here, at Luciana College, we have decided that the school’s power generating plant will henceforth be used twice weekly to enable students carryout laboratory and computer practical classes.


She continued, “Paying high price for fuel, and using less of it in schools would affect the provision of standard education in the country. Since Nigeria is known more as a consuming nation than a producing nation, the few industries in the country will face a daunting challenge staying in business as the cost of production will go up and demand will drop.”
Director of Affairs, Promise land Nursery and Primary School, Egbe, Lagos, Mr. Adetunji Makonju, is lamenting that within a twinkle of an eye, the prices of school consumables have doubled, and this is “an indication of how fuel has disturbed everything in the country.”
“Daily, we buy 20 to 30 litres of fuel to run the entire school, and this was before the increment because we need to keep the fans rolling for our pupils. Now that petrol is N145, 00 per litre, it translates to more running cost for us. So, the fuel price increase will, in no time translate to increased tuition fees because we have to keep up with standard,” Makonju stated.
Saint Francis Catholic Secondary School, Idimu, Lagos State, uses diverse sources of power to run the school. According to its administrator, Reverend Fr. Chikere Uguwanyi, “Right now, I do not know the source of power that is supplying light to my office because we have different sources of power to run both the boarding and day school. We use diesel, petrol, solar power, inverters and electric lamps to run things in the school. So, fuel hike does not have an adverse effect on us. We invest in solar and inverters as alternatives to cut the cost of fuel consumption.”


The school administrator, however, urged the Federal Government to retain fuel subsidy while effecting a major turnaround on the country’s refineries and building of new ones. “But fuel subsidy should be removed a soon as these new refineries are commissioned.”

MUSIC:Ice Prince – “Chike” ft. Korede Bello (Prod. By CKay)




Could this be the biggest song of Ice Prince as he hinted earlier on? Well here is this groovy one from Choc City’s Ice Prince titled “Chike” and he features Mavin records act, Korede Bello.
“Chike” which is a follow up to Ice Prince’s video “Seasons” is laced on a beat by bad producer, Ckay .
Enjoy below and tell us if the record is up to your expectations.


Ice Prince – “Chike” ft. Korede Bello (Prod. By CKay)

I Am No Longer Signed To Chocolate City – Ice Prince




Talented rap artiste, Ice Prince , just confirmed that he is no longer signed to Chocolate City .
The ‘Aboki’ crooner, who is at the moment being interviewed on 96.9 Cool FM on the Midday Oasis with Dotun and Temi, made it clear that his contract with the label, expired two years ago and due to his personal relationship with the label owners, decided not to make it public. He however, made it clear that he still has some working relationship with them.





Officially, my contract with Chocolate City is over - @Iceprincezamani
#MiddayOasisWithTheWildOnes w/
@iamDo2dtun x @Temicoolfm
11:07 AM - 19 May 2016 · Greenwich, London, United Kingdom





Ice Prince, also disclosed that he will be floating his own record label ‘Super Cool Cat’ very soon.

Wednesday, May 18

Senate Withdraws Anti-Social Media Bill

The senate has withdrawn the controversial frivolous petition bill, known as anti- social media bill.



The red chamber announced the decision at plenary on Tuesday after David Umar, chairman of the senate committee on human rights and legal matters presented his committee’s report at plenary.



Umar, an All Progressives Congress (APC) senator from Niger state, said his committee recommended the withdrawal of the bill based on the strong opposition to it across the country.
The bill was sponsored by Bala Ibn Na’Allah, an APC lawmaker from Kebbi state.
The anti-social media bill imposed harsh penalties for tweets or text messages that conveyed statements considered untrue from a group of persons to an institution of government.
The bill had been thoroughly criticised by an active social media community that described it as attempting to gag free speech and abuse the rights of Nigerians as enshrined in the constitution.
The bill was described as vague with the intent to repress dissent against the government.
Civil societies groups embarked on campaigns to stop the bill from being passed.
Senate President Bukola Saraki had earlier hinted that the bill “will not see the light of day”

.

Trade Union Congress backs out of planned NLC strike




Members of the Trade Union Congress TUC have backed out of today's planned strike action by the Ayuba Wabba led NLC. The TUC announced this after a joint meeting between Labor leaders and the Federal government yesterday night May 18th. Electricity workers, NUPENG and PENGASSAN have already signified they will not be participating in the proposed strike action.

FG tells workers "You must go to work today, no work no pay"



Despite threats by the Ayuba Wabba faction of NLC to continue with its planned strike action today May 18th, the Federal Government has advised all workers in the Civil service to resume for work today, saying the no work no pay rule will be invoked in all ministries, agencies and department. Speaking after a meeting with labor yesterday May 17th, Secretary to the Government of the Federation, Babachir Lawal said:



"The National Industrial Court has given an injunction that no strike by NLC and TUC should hold tomorrow (today). It is therefore clear that anyone embarking on strike tomorrow (today) is doing so illegally and government is assuring all Nigerians to come out and do their jobs tomorrow (today). It the duty of government to provide security for her citizens and anyone who tries to coerce any worker to do their bidding would be made to face the law of the land. We had full cooperation with the Trade Union Congress of Nigeria and they said they are not going on strike.For them, it is a complete return to work tomorrow (Wednesday).
"It is not the same with the NLC however. They have two factions, one agreed completely with the position of the TUC. Government, therefore, calls upon and advises all workers to respect the laws of the land and to desist from participating in an illegal action. Government undertakes to guarantee the safety of workers and their workplaces, and expects that normal work will continue in the interest of the nation.
"Accordingly, security agencies have been directed to ensure unimpeded access to offices, workplaces and markets. Accordingly, all ministers, permanent secretaries and heads of government agencies are hereby directed to invoke the provision of ‘no work no pay’ in respect of any staff member who absents himself or herself from work to join the strike. Attendance registers are required to be opened in all Ministries, Departments and Agencies.”he said

New fuel supply and pricing regime: President Buhari had no choice- VP Osinbajo

Vice President Yemi Osinbajo, SAN, asserted yesterday at a public book presentation event in Abuja “If there is one person in Nigeria that believes that petroleum prices should not go up by one Naira, it is President Buhari,”.
Explaining the difficult decision announced last week by the federal government, Prof. Osinbajo said the President simply had no other option. Although the President did not want the fuel price to go up, the Vice President said “he is left with no choice. What can we do if we don't have foreign currency, we have to import fuel.”
While observing the petroleum products are being imported today into the country, he asserted that even “if we repair our refineries today, we would still be able to refine 40% of our petroleum, so we still need to import.”


Prof Osinbajo then raised a rhetorical query: “in the absence of foreign exchange and you have to import your refined petroleum, what are you left with?
The Vice President who spoke at the public presentation of Anatomy of Corruption in Nigeria: Issues, Challenges & Solutions, a collection of essays edited by Yusuf O. Ali, SAN, asserted that “a lot of the problems associated with the refineries are corruption related.”
He also attended the public presentation of Prof. Ladipo Adamolekun, who just published his autobiography, I Remember.
According to the VP, corruption “explains why many States are owing salaries and continue to owe salaries.”
Furthermore he noted that “when we look at corruption and its deleterious consequences, we must relate it directly to what we are experiencing at this time.”



For example, he said “most of the States, since February 2016, many have been owing, some up to 6 months. When we came into office we tried to settle many of those debts but the Federation Account is lower and we are unable to find the resources to shore up the Federation Account.”
Driving home the point about the consequences of corruption, the Vice President said “When you consider that today, Nigeria's reserves stands at about $27billion and we are investigating $15billion from one sector alone. That is over half of the entire reserves of the country.
“We are investigating cases which shows that over $15billion was lost in one type of contracts alone. We are not talking of oil contracts, we are talking of security related contracts alone. We have not talked at all about oil contracts, several billions.
“How we dimension the problem must be different. We can not look at it the same way as if it is just petty stealing. This is not just stealing the resource of the country, it is stealing the future as well.
“Let me just state one clear example. All through the period when Nigeria was earning over 100 - 115 dollars in proceeds of oil for a period of almost 5 years, the external reserves of Nigeria remained much the same. It did not (significantly) increase at all despite the very high earnings.
“And that is why we have the situation that we find ourselves today. It is the external reserves that a country resorts to as a last resort in protecting its currency.”
Doing a quick international comparative analysis using another oil-producing country, the VP said :
“when countries were experiencing these high prices, some countries were putting money aside, Saudi Arabia saved over $700billion,-(as at last year) so when their currency began to suffer, of course they were able to shore up their currency with their reserves.”
In the case of Nigeria however, Prof Osinbajo lamented that “we are unable to do so. And the reason is because the reserves have been depleted. It is the same reason why it is difficult to do very very many other things that we should be doing as a nation.”
He then declared that corruption poses an existential threat to the country.
“I want to just very quickly say that corruption has no label. It is not just a social evil, it is an existential threat to our country. There is no doubt at all that this is unlike other countries, (where) people say that there is corruption everywhere, which is true.
“But I think the one distinguishing feature for Nigeria and for many other countries like ours is that it is a threat that directly affects the lives and livelihoods of everyone.
“It is not just an evil, it is not just an immorality, it is an existential threat because it could truly destroy lives and it has destroyed many many lives and has continued to destroy the Nigerian economy.”
Prof. Osinbajo then declared that “unless there is a determined effort to fight corruption at all levels, unless that effort is determined, unless we have the political, the judicial, even the religious will, we would find ourselves in a continuous cycle of corruption, economic adversity, more corruption, more economic adversity.”


“As I observed at another event, when you look at those who are accused of corruption in Nigeria, look at any typical case of fraud or corruption, you will never find three Igbo men (by themselves alone) or three Yoruba men or 3 Hausa speaking men, (by themselves alone) NO! You will find federal character, well-represented.
“You find the Yoruba man, you find the Igbo man, you find the Hausa man, the Fulani man. All different groups are very well-represented. Amongst them you will find Christians and you will find Muslims.
“All of the defenses that people put forward, that, oh! it is the Igbo man, oh! it is the Hausa man, it is Yorubas, and so on, none of that is demonstrated by the facts. “That is why it is important that as a Nigerian elite, we have the special privilege of education, we have a special privilege of position. It is the responsibility of that privilege that we must fight everything that normally hinder and distorts our economy and kill our people as well.”
“That is why we must as an elite in leadership fight corruption. Some people suggest it is a matter of religion, It is not a matter of religion, I pastor a church. I pastor churches, so I know. What is important is that we must recognize corruption for what it is. Make no excuses for it and fight it with determination.
“I want to assure you that the government of President Buhari is determined to fight corruption, and that despite whatever those naysayers may say, we would fight it with everything that we have and we will leave a legacy in this nation of at least a government that chose to stand by principle and chose to stand by doing things right.”



Laolu Akande
Senior Special Assistant-Media & Publicity
In the Office of the Vice President

Tuesday, May 17

EVENT: STREET MOST WANTED MC 2016


⭐★
Musicians (Rappers & Singers) in Nigeria; get set to participate in:

[ STREET MOST WANTED MC 2016 ]

#Abuja's Undisputed Freestyle Competition...

#where the starz emerge!!!



Our Winner this year gets the following TROPHIES!!!

1. SMWMC 2016 #trophy
2. HOPE AMBASSADOR #trophy
3. RECORD DEAL by AMG
4. RADIO TOUR by Sucre Factory
5. FASHION BRAND by MG Designs
6. SPECIAL FEATURES by EHE
7. MANAGEMENT by Micheal Legend
8. LIVE APPEARANCE on STUDIO 101

MEDIA PARTNER: D'GOVNOR CONCEPTS.

ON THE WHEELZ: DJ SMOOTH.

Date: #June12 - 2016
Venue: Area 1, Section 1, Basketball Court, Garki, Abuja.
Time: 4pm.


Admission is Free!!!




Info - Tel: +2347032998069, Pin:59284A0C, FB/TW/IG: Micheal Legend.

IT'S the ML SHOW!


Grammy Winner India Arie Is Set To Storm Nigeria

Multi award winning singer, India Arie is coming to Nigeria.


The ‘I Am Not My Hair’ crooner, is set to storm Nigeria in June for the fifth edition of the ‘Sax Appeal’ concert which will have the likes of Praiz, performing and saxophonist, Mike Aremu, hosting.


India, who has won four Gramy Awards, since she started music, confirmed the new via twitter writing;




‘Nigeria!”
Nigeria twitter.com/omoyeuzams/sta…
3:22 AM - 16 May 2016
8 23
India.Arie
@indiaarie





Inida Arie, has sold over 10 million records worldwide and stil remains one of the favourite of many music lovers around the globe.

NYSC 2016 Batch ‘A’ Stream II Orientation Proceeds as Planned




The National Youth Service Corps wishes to express profound appreciation of the Federal Government’s intervention through the release of funds for the 2016 Batch ’A’ Stream II Orientation Course.
Consequent upon government’s intervention, Management is pleased to inform prospective Corps members, parents, guardians and the rest of the general public that the 2016 Batch ‘A’ Stream II Orientation Course will hold as planned.
As a reminder, all are to note that the Orientation Course will commence on Saturday, 21st May, 2016 and end on Monday, 6th June, 2016.



Therefore, all prospective Corps members are advised to print their call-up letters online or collect same from their respective institutions of graduation as applicable.

They are to report to the Orientation camps in their states of deployment whose addresses would be shown on their call-up letters.


Management wishes all prospective Corps members a hitch-free and rewarding orientation course.

UNIZIK to Premier Its First Professional Film



The Department of Theartre and Film Studies of Nnamdi Azikiwe University, Awka will on June 17, 2016, premier its first commercial film titled “The Diary of a Campus Girl”. The event debut which will take place at the University Auditorium is written and produced by Prof. Tracie Utoh-Ezeajugh (the HOD of Theartre and Film Studies) and directed by Mr. Patrick Okoye.




The first of its kind in any Nigeria University, this film has many prominent faces in the movie industry who also graduated from UNIZIK. They include Oge Okoye, Ken Erics Ugo, Uju Okeke. Also other budding artistes participated – Precious Linus, Esther Iyare, Chima Igbokwe, Chukwuemeka Eni, Chibueze Igwe among others.


This film project, according to the HOD, is a purely University affair where staff of the Department participated either as actors/actresses or technical crew.


Speaking on the film project, the Executive Producer, Prof. Joseph E. Ahaneku, FAS who is also the Vice-Chancellor of UNIZIK, said the film project is exceptional as it is the first commercial film produced by any Nigerian University. Prof. Ahaneku also said that the film project is an opportunity to provide a new platform for employment of graduates.




According to the VC, the film project is also a way of diversifying the Nigeria economy. He also stated that this film is a cinematic movie that can be shown in Cinemas. The University Community is invited.

Monday, May 16

Naira strengthens against dollar in black market

The Nigerian currency which seemed poised for a run of depreciations at the parallel market following the new development in the country’s downstream oil sector, crashed further on Friday, May 13, ending the week at N360 per dollar.
Nevertheless, the currency maintained its value at the official CBN peg, exchanging at N199 to the dollar despite report on Sahara Reporters that the naira now sells for N290 and N360 at CBN.

The naira is expected to remain flat but rather stable this week ahead of the rollout of the foreign exchange policy of the Central Bank of Nigeria.

The Nigerian currency which seemed poised for a run of depreciations at the parallel market following the new development in the country’s downstream oil sector, crashed further on Friday, May 13, ending the week at N360 per dollar.





Nevertheless, the currency maintained its value at the official CBN peg, exchanging at N199 to the dollar despite report on Sahara Reporters that the naira now sells for N290 and N360 at CBN.





fact check today, May 16, shows that the naira has strengthened against the dollar and now sells for N343 to the greenback as against the N360 rate on Friday. This was disclosed by one of our Bureau de change sources.

our BDC source in Katsina said: “The naira now trades at N343 to a $1. There is rush for dollars following government’s decision to throw open permission to import and sell Petrol Motor Spirit (PMS), to any interested Nigerian entity.”

The president of the Association of Bureau de Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, also revealed that the pressure on the naira would continue to be strong but the value is expected to be relatively stable as the market awaits the decision of the apex bank.




He said: “There has been calm after the initial announcement which saw the naira drop to N360, which it is at now, and is expected to remain so until the CBN announces their plan.”

Meanwhile, you can check out our bureau de change market here for the most authentic forex rates.
 
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