Wednesday, 26 November 2014

Skye Bank Chairman, Ayeni, Sahara Energy Owner, Tonye Cole, Others, Buy NITEL, Mtel



A consortium run by Skye Bank’s chairman, Olatunde Ayeni, the founder of Sahara Energy, Tonye Cole, and two other companies, have received the nod from the Nigerian government to take over the country’s moribund, but potentially lucrative telecom carriers, NITEL and MTEL, once they pay $242.3 million (about N42.4 billion).

The investment vehicle, NATCOM Telecommunications, on Wednesday emerged the sole bidder for the Nigerian Telecommunications Limited, NITEL, and its mobile subsidiary, the Mobile Telecommunications, Mtel.

Friday, 21 November 2014

Presidency, IG Defend Deployment Of Policemen


While the Senators and House members fumed, the Presidency and Abba justified the deployment of security operatives, saying it was to defend the 1999 Constitution and prevent a breakdown of law and order.

Abba, in a statement by the Force Public Relations Officer, Emmanuel Ojukwu, said the police action followed an intelligence report of a likely invasion of the House   by thugs.

He claimed   that in the course of screening the House members and visitors, Tambuwal arrived with “a motley crowd and assaulted the Police operatives on duty.”

Police Teargas Lawmakers In Attempt To Prevent Tambuwal From Entering National Assembly


There was commotion at the National Assembly on Thursday as a plot to stop the Speaker of the House of Representatives, Mr. Aminu Tambuwal, from entering the assembly complex failed.

Riot policemen   tear-gassed angry lawmakers, who were protesting against the development.

Although the general belief was that the security operatives were deployed in the assembly to prevent Tambuwal from   presiding over Thursday’s “special plenary,” The PUNCH gathered that it was to stop some   lawmakers, especially those in the All Progressives Congress Caucus,   from   tabling a motion for President Goodluck Jonathan’s impeachment.

Monday, 3 November 2014

Financial Crisis Rocks Tunde Babalola’s Discovery Airline …Details Of His Adultery Mess With Female Staffs + How Several Pilots Resign Over Unpaid Salary


While others in the aviation industry are smiling to the bank, information scooped has revealed that Discovery airline seems to be falling apart over what insiders tagged as the Airline’s huge debt profile, unprofessional attitude of the egghead among other alleged unwholesome act. 

Sources revealed that the company is presently enmeshed in financial crisis which led to the recent resignation of top pilots who complained the company owes them more than 5 months payment. Discovery Air Chairman, Tunde Babalola’s financial recklessness was alleged to be the genesis of the company’s present predicament. The young man, Tunde allegedly collected some bank loans which he used for his oil business and he didn’t pay back, and when he floated Discovery Airline and asked for banks support they all shut the door in his face judging from his debt record.

Wednesday, 29 October 2014

Guinness Nigeria MD, Seni Adetu Steps Down On The Heels Of 2yr Poor Performance.


The helmsman at brewery company, Guinness Nigeria Mr Seni Adetu leaves his office at the end of the month- October 2014.

 

This development comes in the midst of dropping profit for the past two years societynowng.com learnt.

 

Mr Adetu has been in the saddle as Managing Director for two years and half.

 

According to information obtained from daily newspaper, Guinness  Nigeria’s performance compared to competitors for the past two years.

 

24 Hours After Medical Students Protests Against Lack Of Teaching Hospital, Jonathan Commissions 9 Billion Naira Governor’s Office


Barely 24 hours after medical students of Kaduna State University held a protest against non accreditation of their department and lack of teaching hospital to ensure their clinical training,

President Goodluck Jonathan today commissioned a nine billion naira Governor’s Office situated inside the Kaduna Government House built by the state government, a government source confirmed.

The students have during the protest said the Faculty of Medicine started in 2009 after advisory stage of accreditation by MDCN (Medical and Dental Council of Nigeria) in 2008 failed to provide teaching hospital until two months ago when the first set of students admitted in 2009/2010 academic session were sent to Uganda for clinical studies that will last three years.