SKYBLINGS ENTERTAINMENT

14 May 2016

NLC To Begin Strike Wednesday Due To Fuel Hike

labour and its civil society allies have resolved to shut down Nigeria from Wednesday, May 18, over the hike in the pump price of petrol announced by the federal government last Wednesday.

Recall the Federal Government on Wednesday announced a new regime of price that took the pump price of petrol to N145 per liter from N86.50.

Vanguard gathered that labour leaders will not later than Sunday send a letter to government demanding a total reversal to the N86.50 pump price of petrol before 12 am on Wednesday, falling which all economic and others would be shut from Wednesday.

Fuel Subsidy Was Not Removed - VP Osinbajo

By Unknown 22:14 No comments:

Contrary to popular knowledge that the federal government has expunged oil subsidy from the Nigerian oil and gas system, Vice President, Yemi Osinabjo refuted the claim, saying it was not true. Osinabjo said that what the government did was to withdraw the monopoly hitherto enjoyed by the Nigerian National Petroleum Corporation, NNPC to allow free market sales. He said that “at $40 a barrel, there isn’t much of a subsidy to remove.”

In a statement tilted “The Fuel Pricing Debate: Our story”, personally signed by him, the Vice President said that the decision to adopt a new measure was essentially informed by the non availability of foreign exchange for the independent marketers to import fuel. His Statement: “The Fuel Pricing Debate: Our Story

“Fellow Citizens: “I have read the various observations about the fuel pricing regime and the attendant issues generated. All certainly have strong points. “The most important issue of course is how to shield the poor from the worst effects of the policy. I will hopefully address that in another note. “Permit me an explanation of the policy. First, the real issue is not a removal of subsidy. At $40 a barrel there isn’t much of a subsidy to remove. “In any event, the President is probably one of the most convinced pro-subsidy advocates.

“What happened is as follows: our local consumption of fuel is almost entirely imported. The NNPC exchanges crude from its joint venture share to provide about 50% of local fuel consumption. The remaining 50% is imported by major and independent marketers.

“These marketers up until three months ago sourced their foreign exchange from the Central Bank of Nigeria at the official rate. However, since late last year, independent marketers have brought in little or no fuel because they have been unable to get foreign exchange from the CBN. The CBN simply did not have enough. (In April, oil earnings dipped to $550 million. The amount required for fuel importation alone is about $225million!).

“Meanwhile, NNPC tried to cover the 50% shortfall by dedicating more export crude for domestic consumption. Besides the short term depletion of the Federation Account, which is where the FG and States are paid from, and further cash-call debts pilling up, NNPC also lacked the capacity to distribute 100% of local consumption around the country. Previously, they were responsible for only about 50%. (Partly the reason for the lingering scarcity).

CBN Denies Report Of Naira Devaluation

By Unknown 22:06 No comments:

Nigeria’s Apex bank, The Central Bank of Nigeria has denied reports that the Naira was secretly devalued to N290 to a dollar. The CBN also denied reports of plans to devalue the Naira in the future.

The bank’s Acting Director, Corporate Communications, Isaac Okoroafor, stated that the naira was never devalued further, saying the speculations are unfounded.

He said; “Naira has not been devalued. The naira devaluation rumour is untrue,”. Nigeria’s current economic crisis might not go away very soon due to fluctuating oil prices, devaluation uncertainties and shortages of forex. Although the CBN as has stiffened its defense of its exchange-rate policy, Devaluation might be a last resort if things don’t go as expected in the futufure.

New deadly disease surface in Nigeria...One Confirmed Dead

By Unknown 19:14 No comments:

A new deadly disease known as Stephen Johnson Syndrome (SJS), an unusual allergic reaction, has surfaced in Nigeria, according to the Minister of Health, Isaac Adewole.

According to Adewole, the disease has killed one person, while another is being treated at the National Hospital Abuja. The health minister announced the emergence of the new disease in Nigeria at a press briefing in Abuja earlier today...

A Senior Consultant Physician/Dermatologist at the National Hospital, Abuja, Dr. Olanrewaju Falodun who spoke about the disease, said

“Stephens Johnson Syndrome, is an immune complex mediated hypersensitivity reaction that typically involves the skin and mucous membranes and was first described in 1922 by Albert Stevens and Frank Johnson. SJS is a rare and unpredictable reaction, and is also a minor form of toxic epidermal necrolysis with less than 10 percent body surface area involvement. SJS is a rare but serious and potentially life-threatening contagious drug reaction. Incidence of SJS is estimated between 1.1 and 7.1 cases per million per year and is more prevalent in women than men. Incidence in Europe is two per million per year” he said.

He listed the symptoms of the SJS disease to include fever, sore throat, running nose, fatigue, general aches and pains, ulcers in mouth, genitals, anal regions as well as conjunctivitis.

According to him, the health complications of the disease includes pigmentation problems, skin scarring, scarred genitals, joint pains, lung diseases, obstructive disorders and eye complications, adhesions, ulcers, and blindness.

He said the cause of the disease has not yet been discovered in a quarter to half of cases but that self-medications appeared to be one of its causes. He advised Nigerians to avoid misuse of drugs, while individuals with previous drug reactions should always inform healthcare practitioners.

The Minister of Health says efforts are now being made to sensitize the public about the disease

“We have to find a means to communicate with Nigerians,so they should all be aware of this dangerous disease and it is the sole business of government to enlighten the society by trying to increase their awareness, knowledge and to improve their quality way of life.”

Source: Premium Times

Why Kylie Jenner and Tyga broke up Revealed

By Unknown 19:06 No comments:

Below is how TMZ reported it today...

Kylie Jenner's just too successful, too young and too hot to be tied down to one man, and that's the main reason she andTyga are done for good this time. Sources connected with the former couple tell us KJ recently realized she wants to live the single life and soak up the spoils of being an 18-year-old multi-millionaire. That frequently means flying all over the world for appearances, and we're told that didn't sit well with Tyga ... who's focusing on his music.

As one source put it ... she wants to jet set, he wants to chill in a studio -- and they both knew it wouldn't work.
Also, we're told since their mini break last fall... there's been constant drama over "dumb stuff" -- what to eat, what they say on social media, blah, blah.

As for the model at Mother's Day brunch with Tyga? We're told he admits having a couple models "hanging around," but no serious girlfriends -- and Kylie's confident there was no cheating before they split.

Lady shares baby bump photo...claims she's pregnant for Burna Boy

By Unknown 18:53 No comments:

She goes by the name Uju Stella on instagram and today, she alleged she's pregnant for music star Burna Boy and shared baby bump photo (left). See went on his instagram page and started making allegations that he threatened her over the phone. See what she wrote after the cut...

Nigeria secretly devalues the Naira - Sahara Repoters Claim

By Unknown 18:46 No comments:

According to Sahara Reporters, the Nigerian government has secretly devalued the Naira....

CAF fines Etoile N1m,Suspends Coach For Misconduct During Match With Enyimba

By Unknown 07:24 No comments:

The Confederation of African Football (CAF) has fined Tunisian football heavyweights Etoile Du Sahel $5000 (about N1m) for their bad sporting behaviour against Enyimba in the CAF Champions League.

The Coach of Etoile, Faouzi Benzarti and player, Ahmed Akaichi were also suspended for four-matches for using offensive language and hurling insults towards the referee in the first leg in Port Harcourt against Enyimba.

This punishment was announced in a statement by Africa's football ruling body, CAF, yesterday after it's disciplinary committee handed out punishments to players, coaches and federations who erred in the various CAF competitions in the last three months.

FG To Consider Increasing Minimum Wage to N56,000- Minister of Labor says

By Unknown 12:21 No comments:

Minister of labour and Employment, Chris Ngige, says the Federal government is carefully studying and considering the N56,000 minimum wage t that was proposed by the Nigeria Labour Congress last month. Ngige said this while receiving the executive members of the Organisation of Trade Unions of West Africa (OTUWA) in Abuja yesterday May 9th.

“The other day, labour requested increased wages for workers and they have only done what they are supposed to do. Therefore, nobody will quarrel with them. At the appropriate time, we shall all sit down because what the labour is asking is for the re-negotiation of an existing Collective Bargain Agreement (CBA). And every CBA-based agreement is subject to re-negotiation at any given time that any of the partners requests it. It is wrong for people to think that whenever the labour makes such a demand, the nation is boiling. The labour in Nigeria has for the first time met a labour-friendly government under President Muhammadu Buhari. The government has put machinery in motion as we speak because I have got a letter as the Minister of Labour and Employment for my advice. We shall advise the government the way such a tripartite negotiation will be handled so that everybody will be satisfied without any industrial unrest. Government in this sense includes also the state and local governments whom such wages will be binding on. When government takes a decision, we will now move to another stage in the process of re-negotiating the CBA. We are in an era where due process supersedes every other” he said

Pres. Buhari Blasts Those Clamoring For Nigeria's Division

By Unknown 12:16 No comments:

President Buhari yesterday lashed out at Biafra agitators and other groups calling for the division of Nigeria. According to Buhari, many people who fought during the Nigerian civil war laid down their lives for the unity of this country and it will be wicked to allow their sacrifice be in vain. Buhari who said this while speaking at the Emir of Katsina, Abdulmumini Kabiru Usman's palace, stated that it will be better for all Nigerians to drown in a sea than for Nigeria to ever break up.

"Recently, some people who were not even born during the war are saying they want to divide Nigeria. I always say the civil war was fought for the unity of Nigeria because then we hadn’t even discovered oil let alone enjoying it. But two million people were killed. The way the Sahara is advancing, with Boko Haram, growing number of people and uncertainty over rainfall, in a land where we fought civil war leading to the death of about two million, for someone to just say he will chase us out? So where do we go?For Nigeria to divide now, it is better for all of us to jump into the sea and get drowned”he said

Ministers Who Have Been Silent Since Their Appointment

By Unknown 22:56 No comments:

President Muhammadu Buhari sworn in Ministers some months ago but clearly a few ministers seemed dormant and relunctant toward hitting the spotlight
Top among the dormant Ministers in Buhari's cabinets are :

1. Minister of Industry, Trade And Investment: Okechukwu Enelemah