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Monday, April 22, 2013

News in a Flash: 22nd April 2013

By Charles Enoh


APC v PDP: All Progressives Congress (APC) manifesto very poor imitation & bland parody of PDP's manifesto -Olisa Metuh (PDP National Publicity Secretary).

Flood Disaster: Anambra to distribute ₦1bn to farmers affected to cushion loss suffered from disaster -Gov Peter Obi({}).

Subsidy: Global subsidies hit$2tn; Most subsidies misdirected to benefit the rich -M Christine Largarde (MD, International Monetary Fund).

Power Holding Company of Nigeria: Bureau of Public Enterprise (BPE) to receive $2.6bn (₦410bn) balance from 14 bidders for 15 PHCN successor companies in 2013.

Housing: 25% (250,000) of annual 1 million houses promised by FG to be ready by end of 2013 -Ezekiel Nya-Etok (Vice Chairman, National Housing & Urban Development policies Review Committee).

China Quake: 6.6 magnitude quake hits rural Sichuan, China -US Geological Survey (USGS): No fewer than 160 persons killed & 5,700 injuredO:); At least 710 aftershocks.


Fuel Subsidy (₦1.5m) : Magistrate Court, Lagos quashes charge against Anthony Iheanacho (MD, Integrated Oil & Gas Ltd).

Pen & Pad: May 23, 2013 fixed for interment of renowned author, Prof Chinua Achebe -South-East Governors Forum.

Agriculture: FG through CBN earmarks ₦450bn for small-scale farmers; Construction of ₦4.1bn Strategic Grains Reserve in Bulasa, Kebbi state to be completed by June, 2013.

Naira: CBN ceases to print polymer notes due to quick fading; 2nd generation of lower denomination notes to be produced from mid-2013 -Tunde Lemo (Deputy Gov, CBN).

Not Uncle Ben's: About ₦365bn spent annually on importation of 2.1 million metric tonnes (MT) of milled rice: Nigeria is largest importer of rice in the world -FG.

MNP: Mobile Number Portability (MNP) to be launched in Lagos 2day; Subscribers to switch network & still retain mobile phone numbers -NCC.


Charles Enoh a Legal practitioner, who is very passionate about Nigeria. He believes that being in informed is a step in the right direction towards development especially for Nigerian youths.
Charles Enoh would write the News in a Flash section.


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