Monday, 20 July 2015

BILL COSBY

Comedian's wife still believes 'he's not a rapist"

 Even though Camille Cosby is aware of Bill's cheating, she remains steadfast that he's not a rapist

Bill Cosby may be a serial rapist to more than a dozen women but to his wife, Camille Cosby he's only a cheat and 'NOT RAPIST'!
A source employed by the Cosby family told The New York Post, Camille is aware of her husband’s cheating ways, but believes that the women he slept with consented to use drugs and have sex. ''Camille still doesn’t believe that Bill provided drugs and had sex with women without their consent.She’s well aware of his cheating, but she doesn’t believe that her husband is a rapist.''

Camille CosbyAnother source claims Camille has given up on trying to keep her husband faithful. ''You have to allow for space to let your partner do what he wants,'' Camille allegedly told an insider. ''I have done that and [Bill] has done that and there’s no jealously, no friction.''

After admitting to purchasing drugs with the intent to give the women he wanted to have sex with in a newly released 2005 deposition, some celebrities withdrew their support for Bill. Singer Jill Scott expressed regrets defending the comic legend when the sexual assault allegations began in 2014.
But, Camille has continued to stand firmly by his side. [Mrs. Cosby is] a proud, dignified but stubborn woman. You can say that she’s standing by her husband, but really, the more people stand against him, the more she perceives it as an affront to her and all that she’s done to make him a star.''

In December 2014, Camille still stood firmly by her husband claiming the media was blowing the situation out of proportion. In her words: "He is a kind man, a generous man, a funny man, and a wonderful husband, father and friend. He is the man you thought you knew. A different man has been portrayed in the media over the last two months. It is the portrait of a man I do not know."
Bill and Camille have been married for 50 years and have 5 children together.

Singer moves into Lekki mansion with N39m Ferrari

Singer moves into Lekki mansion with N39m Ferrari

terry G during one of his numerous performances According to sources, the Ginjah master moved into the luxurious home in Lekki few weeks ago after signing a mouth watering management deal with an Abuja based entertainment company, Black WallStreet.

Popular singer, Terry G has taken delivery of a white Ferrari valued at N39.8million ($200K) after moving into a mansion in highbrow area of Lekki, Lagos.
Read Terry G gives off electric performance as Timaya, Wizkid attend
According to sources, the Ginjah master moved into the luxurious home in Lekki few weeks ago after signing a mouth watering management deal with an Abuja based entertainment company, Black WallStreet.
The singer signed a three-years deal with the company, which is owned by an Abuja based showbiz entrepreneur known as Suni Orosun.
 Terry G's new Ferrari valued at N39.8mConfirming the deal, Terry G said, 'It is true that I have moved to Lekki. I just landed a deal with a new management, Black Wallstreet, and we are in a partnership together. I just began moving into the new mansion. The deal came with a mansion in Lekki and also a Ferrari car. They also promised to buy me another car. The house I used to live in at Iju would be turned into a bakery. I have a three-year contract with them. I cannot disclose the value of the house.'

Friday, 3 July 2015

Nigerians want action, no excuses

Nigerians want action, no excuses

FGN2The new Federal Government headed by President Muhammadu Buhari should without being prompted hit the ground running with great speed because the job at hand is enormous or so we were made to believe during the electioneering campaigns. The All Progressives Congress (APC) campaigned in such a way that Nigerians were assured that change has come and all their existential problems would be over immediately the change crusaders assumed office. That is exactly what Buhari should aim at fulfilling.
We are still in that mood of high expectation because Buhari and his party promised us so much and we fell to the bait waiting for El Dorado. Therefore, Nigerians would expect no less from the new occupant of Aso Rock. Buhari and his co-travellers should not disappoint Nigerians. It is our fervent prayers that they do not.
We say this because to whom much is given, much is also expected.  Nigerians gave Buhari so much on March 28 and he won the presidential poll at his 4th attempt. Having prepared enough before getting our nod to preside over the nation, he must keep his word. He must reciprocate that gesture by fulfilling his election promises. He should know that his four-year tenure has started running and Nigerians have started counting and taking records of events preparatory to 2019, another pay day for elected officials. Good enough, his victory was not challenged at the tribunal. So, he cannot claim to being distracted.
He has no time to waste. Time is of essence in this job and it is never a luxury. This is not a critique on the administration. Some may argue that one month is early enough for any form of assessment of the administration. While that may seem true, it can also be argued that one month is enough to showcase the administration’s roadmap and what Nigerians would expect from it. Our modest effort here is, therefore, to point out certain things that should not be neglected by the Buhari administration, especially time.
Nigerians will not, in the least, entertain any excuses from Buhari for not fulfilling his election promises, which are legion. All the talks over meeting empty treasury or recovering of loots, probes and the magnitude of the problem met are entirely his headache because he gave us his word that he would solve our problems and that he would do it better than his predecessor even at 72.
Moreover, Buhari should understand that the campaigns are indeed over. He should be pragmatic in speech and infuse hope and not despair. We are in a period of action and action is all that Nigerians want from now onwards, no more, no less. Buhari won the presidential election because Nigerians believed in him and gave him their votes and maximum support. President Buhari should do exactly what he promised to Nigerians. Nigerians kept records of those utopian promises that make them believe and even see Buhari as a miracle worker and a magician combined.
Our politicians should learn how to keep election promises and failure to do so will attract serious sanctions. Apart from drawing the attention of the politician concerned to such pitfalls, the pay day will surely come. Nigerians started counting for Buhari immediately he took the oath of office on May 29. He should wake up and apply speed to the job at hand. To most Nigerians, Buhari is damn too slow now. There is great room for improvement.
Nigerians love action and they want Buhari to move with some measure of speed. Having appointed some of his aides, the president should send to the National Assembly his ministerial list whether he wants to reduce the number from what former President Goodluck Jonathan had or maintain the status quo depends entirely on him. We strongly believe that one month in the life of an administration is long enough to compile the list of credible Nigerians that will assist him run the government. It is enough to show which direction the government is heading. He should not make Nigerians to become impatient with him so soon. We had thought that the ministerial list would have been ready before May 29. After all, he won the election in March. The delay in having ministers now cannot be easily explained to Nigerians, and cannot be excused.
But since he promised to run a lean administration and possibly cut down the cost of governance, reducing the number of his ministers should be his best option. His appointment of ministers now will show Nigerians those that the government is bringing to the table and possibly the shape of things to come. He got it right with his appointment of media aides. He also got it right for allowing the National Assembly to elect their officers. The outcome of that exercise is a pointer that Buhari will not interfere with the affairs of the legislature. We expect him to extend the same gesture to the judiciary.  We hope he will get it right with other appointments, especially the ministers that will be crucial to driving his change policy.
It is given that a country of over 150 million people cannot be lacking in talents and star performers. So why is it taking Buhari pretty long time to name his ministers? Is this the change Nigerians voted for or should they expect another? We need answers and assurances that change has birthed. It will be recalled that during the campaigns, Buhari promised among others to ensure security of lives and property, create jobs, unite the country and rebuild the economy and its dilapidated infrastructure. He also promised to do something on electricity supply, health care and education. Nigerians are still hopeful that he would fulfill his promises hence they are asking him to commence work in earnest. Nigerians do not necessarily ask so much from their government. If the new administration can fulfill its promises, Nigerians would laud it.
Beyond what Buhari has promised to do for Nigerians, it will also be good if his government can ensure that there is 24-hour supply of potable water and good electricity to every part of Nigeria. Giving Nigerians good drinking water and clean energy will impact on other sectors and aid overall national development. Above all, it will be better if the government prioritize on a few things it can do well within a four-year time frame than to engage in so many things at a time without much success. In all, speed is essential.

Arresting the freefall of the Naira

Arresting the freefall of the Naira 

naira-notesFor some weeks now, the nation’s currency, the Naira, has been experiencing a steady fall at the parallel market, locally called the black market. Within the past week alone, the value of the currency has depreciated by 2.8 percent to the US dollar, a clear indication that the fundamentals of the economy are not strong, and that something needs to be done urgently to stop the drift.
The current pressure on the naira is in contrast to the rebound recorded shortly after the inauguration of the President Muhammadu Buhari government five weeks ago. The Naira, at the time, appreciated to N180 against the dollar. But, the drop from N222 to N230 against the dollar last week came few days after the Central Bank of Nigeria (CBN) imposed new foreign exchange rules.
The CBN, which said it issued the new regulations in response to increasing business activities and forex demands that had been putting pressure on the Naira, explained that they would help preserve the nation’s External Reserve, facilitate the resuscitation of domestic industries and generate employment. Currently, Nigeria’s External Reserve stands at $29 billion, 2.6 percent lower than it was in May, 2015.  Among the new rules instituted by the CBN is the banning of importers of 41 items from the official forex market.
While we welcome some of the measures put in place to defend the Naira, CBN should be more proactive in its fiscal policy measures to reduce the pressure on our External Reserve. Waiting until the local currency comes under hammering on all fronts makes devaluation inevitable. The banking regulator should resist pressure from bank officials to relax its rules to, in their opinion, “allow the Naira to find its level”.
We believe that every nation should protect and defend its currency because it is a measure of the state of its economy, which ultimately affects investors’ confidence. Failure to do this may result in a situation in which a country’s currency becomes as useless as the Zimbabwean dollar. The Naira should not be allowed a freefall.
From all indications, CBN’s Monetary Policy has not yielded the desired stability in the value of the naira against major foreign currencies. Between November 2014 and last week, the CBN has fixed the exchange rate more than twice, the last being N196.95 to the dollar.
It will be recalled that the Monetary Policy Committee of the CBN, in November 2014, devalued the naira to N168 from N155 to the American dollar. Looking back nine months after, that decision was a panic measure that appears to be affecting the country at different critical levels, the short term gains notwithstanding. The next few months may be tough, if the CBN does not introduce comprehensive measures to stabilize the Naira against major foreign currencies.
The Governor of the CBN, Godwin Emefiele, said last November that the devaluation of the Naira was directed at curbing negative speculations on the nation’s currency, particularly by the commercial banks. The speculations were said to have been putting so much pressure on the Naira. In real terms, the devaluation represents 8.38 percent of the national currency.
Explaining the rationale behind the decision, the CBN Governor had said the level of excess liquidity in the banking system made the decision imperative. To achieve this, the Naira was devalued by moving the mid-point of the official window of the foreign exchange (forex) market by 100 basis points from 12 percent to 13 percent.
In doing so, the CBN targeted the tightening of the monetary policy framework by allowing some flexibilities in the exchange rate as well as stem speculative activities and depletion of our foreign reserve, which as at October, 2014 was N37.1  trillion.
Even though the devaluation may signal to foreign investors the commitment of the CBN to asserting its operational independence, the greater worry is that the much-expected expansion of the economy could be hampered, considering the far reaching negative implications of a devalued currency, which include high cost of production with its resultant lower profit margins for companies, as well as high cost of goods and services.
There is no doubt that the devaluation of the Naira was triggered by the steady fall in the price of oil and our declining External Reserve. Nevertheless, the apex bank should institute more measures to strengthen the domestic currency. A stronger Naira will boost the economy, increase the purchasing power of Nigerians and increase investment inflow into the country.

Ramsay Nouah set to shine as Tempting Fate hits cinemas

Ramsay Nouah set to shine as Tempting Fate hits cinemas

Tempting Fate, a new Nollywood flick will hit cinemas across Nigeria on Friday, July 17, so says KevStel Group Produc­tions.
Ibinabo-motola-noah-step-geneTempting Fate will be released by Silverbird Film Distribution in multiple theatres in Nigeria. The highly talked about and must see film will be a great addition to family entertainment in Nige­ria this July.
Tempting Fate is directed by Kevin Nkem Nwankwor (KNN), who is mak­ing his directorial debut and is joined by  Director of Photography, Sulekh Suman. Filmed in Hollywood using state-of-the-art technol­ogy and supported by Panavi­sion, executive producers are Emmanuel Ojeah and Unoma Nwankwor,” Kevstel Group Productions said in a state­ment.
Tempting Fate is the story of two brothers, one of deep faith and the other buried in a life of crime. Their worlds are torn apart when the wrong one goes to jail and the other commits an unforgivable act.
Starring a cast of both Nollywood and Hollywood stars, the film features Ramsey Nouah, Dan Davies, Andrew Onochie, John Vogel and Tiffany De­nise Turner among a host of others.
Among others the movie will be aired at Silverbird Cinemas, Galle­ria, Victoria Island, Lagos, Silver­bird Entertainment Centre, Abuja, Silvebird Cinemas, Port-Harcourt and Silverbird Ceddi Plaza, Abuja.
Meanwhile, the soundtrack for Tempting Fate is ready for pre-order at Amazon.com.

Fuel scarcity



Fuel scarcity returns to Lagos, Abia, Abuja

fuel scarceFuel queues have returned to major parts of Lagos and Abia states as at yester­day, a development which suggests that the queues that disappeared over three weeks ago was a temporary reprieve.
The situation has fur­ther compounded the cha­otic traffic movement in and around the metropolis, leading to long queues of vehicles in search of petrol.
On the ever busy Iju Road in Ifako Ijaiye, the Nigerian National Petro­leum Corporation (NNPC) retail outlet witnessed long queues of vehicles waiting to get the commodity same as the Megfom fuel station on Dayo Adeniji Street, also in Ifako Ijaiye.
The situation played out on the ever busy Awolowo Road in Ikoyi, Lagos, as long queues of motorists dotted the over five fuel sta­tions on the road.
On the Ikorodu Road axis, the situation was not different with just a few of the stations dispensing products while others were under lock and key.
Recall that the Chief Ex­ecutive Officer of Seplat Petroleum Development Co Plc, Mr. Austin Avuru, had last week said that Nigeria will probably be hit by fuel shortages in three weeks as the government does not have enough money to pay for petrol subsidies.
“In three weeks we will be back to scarcity because we simply don’t have the money to pay for subsidy,” said the Seplat boss at a Bloomberg conference at the Nigerian Stock Ex­change (NSE).
Nigeria was almost grounded to a halt last month during the coun­try’s worst fuel shortage in decades due to a dispute between oil-product mar­keters and the outgoing government. President Mu­hammadu Buhari disclosed this week that his govern­ment is facing severe finan­cial strain from a treasury that is “virtually empty” and billions of dollars in debt.
But NNPC said there was enough supply of the product. The corporation, in a statement issued by Group General Manager, Group Public Affairs Divi­sion, Mr. Ohi Alegbe, cau­tioned members of the pub­lic against panic buying of petrol.
Alegbe said NNPC had stepped up efforts to main­tain stability in the supply and distribution of petro­leum products nationwide.
He said there was enough stock of petrol to service the country for 25 days at a national consumption rate of 40 million litres per day even as the corporation had stepped up product distribu­tion to petroleum marketers and NNPC retail outlets across the country.
The NNPC said it had sufficient stock of petrol at its coastal depots in Port Harcourt, Warri and Cala­bar, besides the stock in the national strategic reserves.0

Fuel queues have returned to major parts of Lagos and Abia states as at yester­day, a development which suggests that the queues that disappeared over three weeks ago was a temporary reprieve.
The situation has fur­ther compounded the cha­otic traffic movement in and around the metropolis, leading to long queues of vehicles in search of petrol.
On the ever busy Iju Road in Ifako Ijaiye, the Nigerian National Petro­leum Corporation (NNPC) retail outlet witnessed long queues of vehicles waiting to get the commodity same as the Megfom fuel station on Dayo Adeniji Street, also in Ifako Ijaiye.
The situation played out on the ever busy Awolowo Road in Ikoyi, Lagos, as long queues of motorists dotted the over five fuel sta­tions on the road.
On the Ikorodu Road axis, the situation was not different with just a few of the stations dispensing products while others were under lock and key.
Recall that the Chief Ex­ecutive Officer of Seplat Petroleum Development Co Plc, Mr. Austin Avuru, had last week said that Nigeria will probably be hit by fuel shortages in three weeks as the government does not have enough money to pay for petrol subsidies.
“In three weeks we will be back to scarcity because we simply don’t have the money to pay for subsidy,” said the Seplat boss at a Bloomberg conference at the Nigerian Stock Ex­change (NSE).
Nigeria was almost grounded to a halt last month during the coun­try’s worst fuel shortage in decades due to a dispute between oil-product mar­keters and the outgoing government. President Mu­hammadu Buhari disclosed this week that his govern­ment is facing severe finan­cial strain from a treasury that is “virtually empty” and billions of dollars in debt.
But NNPC said there was enough supply of the product. The corporation, in a statement issued by Group General Manager, Group Public Affairs Divi­sion, Mr. Ohi Alegbe, cau­tioned members of the pub­lic against panic buying of petrol.
Alegbe said NNPC had stepped up efforts to main­tain stability in the supply and distribution of petro­leum products nationwide.
He said there was enough stock of petrol to service the country for 25 days at a national consumption rate of 40 million litres per day even as the corporation had stepped up product distribu­tion to petroleum marketers and NNPC retail outlets across the country.
The NNPC said it had sufficient stock of petrol at its coastal depots in Port Harcourt, Warri and Cala­bar, besides the stock in the national strategic reserves.

Lagos recovers bodies of 6 dead children from Ojo boat accident


Lagos recovers bodies of 6 dead children from Ojo boat accident

The Lagos State Government yesterday said it had recovered the bodies of six children who drowned in Wednesday’s boat mishap in Ojo area of Lagos.
vllkyt1fk2jgcf4l38.d1852819Speaking at a news conference in Ikeja, Lagos, the Managing Director, Lagos State Waterways Authority, LASWA, Yinka Marinho, said that three of the bodies were recovered on Wednesday while another three was recovered on Thursday .
Marinho said eight of the 14 children survived the tragedy while six died, adding that the accident was as a result of a motorised Boat crashing into a canoe carrying the children to school. The motorised boat had developed a mechanical fault midway in the water around Irewe, Ojo.
He explained that the operator of the boat was trying to fix the problem as his boat stopped in the water when it ran into the canoe.
He disclosed that the captain of the motorised boat had been arrested and detained at the Railway Police Station, lamenting that the passengers in the boat were not wearing live jacket despite the fact that the government had distributed 3,500 life jackets to boat operators.
He said the state had 53 water terminals where all registered boats must take off, adding that no boat operator dared to leave the terminal without its passengers wearing life jackets, adding that there were life guards stationed in these waterways to ensure that waterways policies were followed.
The LASWA boss said that many canoes plying the waterways, especially those from riverine communities, were not monitored by LASWA, a reason why many of them did not use life jackets.
He said government did not have enough manpower to monitor them, moreover, as the economic viability of such areas were lean, adding that since many people did not ply such areas, much attention is not always paid to them. He, however, noted that the government would now begin to monitor them.
Marinho further disclosed that in the next few weeks another set of 2,400 life jackets would be distributed to boat operators, while another set of 1,800 would be distributed for the use of school children in riverine areas.
He stated that in the next few days the authorities would comb the nooks and crannies of riverine areas of the state to take a census of school children to know the number of life jackets to be provided for them.
He added that the government would ensure that the use of life jackets were monitored with appropriate sanctions meted to violators.
General Manager, Lagos State Emergency Management Agency, LASEMA, Dr. Femi Oke-Osanyintolu, appealed to those using the waterways to always put on life jackets in order to reduce accident on our waterways
Director General, Lagos Safety Commission, Odebunmi Dominga, vowed that the government would enforce the law and ensure that people using the waterways always wear life jackets.