Archives for July 1st, 2015

UDUAGHAN, DELTA AND THE ECONOMICS OF CANNIBALISM

Posted by admin on Wednesday, 01 July 2015 in Opinion 5715 Reads

UDUAGHAN, DELTA AND THE ECONOMICS OF CANNIBALISM “If you shut up truth and bury it under the ground, It will but grow. And gather to itself such Explosive power that the day it bursts through, It will blow up everything on its way” EMILE ZOLA (1840-1902). CHIEF BOBSON GBINIJE The horrendously humongous oubliette of debts which the Uduaghan administration plunged Delta State ...

Wike’s plan to borrow N100b from various banks exposed …Seeks loans in tranches of N10b, N20b, N30 & N40b

Posted by admin on Wednesday, 01 July 2015 in Politics 1428 Reads

Nwaorgu Faustinus The All Progressives Congress, APC, Rivers State Chapter has uncovered a strategic plan by Governor Nyesom Wike to obtain loans totalling N100b in the few months he is expected to be in power as the governor of Rivers State thereby plunging the state into an abyss of debt and economic servitude. The Spokesman of the ...

Why We Seek Amendment To DESOPADEC Laws – Okowa

Posted by admin on Wednesday, 01 July 2015 in Energy Today 1311 Reads

By Omos Oyinbode, Asaba GOVERNOR Ifeanyi Okowa has said the move to amend the laws of the Delta State Oil Producing Area Development Commission (DESOPADEC) was to make it more effective in delivering on its mandate. According to Governor Okowa, the financial situation of the country has made it necessary for prudent and judicious utilization of resources ...

Indebted States: Do Not Abandon Them, Lawyer Tells Buhari

Posted by admin on Wednesday, 01 July 2015 in News 1284 Reads

By Tejiri Ebikeme/Christopher Odamah A Warri-based legal practitioner, Barrister Jah’swill Onyemah-Iwe has appealed to President Muhammadu Buhari not to abandon some state governments being faced with financial crisis. He suggested for the refund of Federal Government projects carried out in their various states, if it was not possible to give them bailouts. President Muhammadu Buhari In an interview ...