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Showing posts from October, 2012

Ondo Elections: The people's will, Mimiko's Victory.

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Ondo - The Peoples’ Democratic Party (PDP) in Osun says the victory of the Labour Party (LP) in the Oct. 20 Ondo State Governorship Election was a reflection of the peoples’ will. Mr Diran Odeyemi, Director of Publicity, Media and Strategy of the party in Osun, said this in an interview with the News Agency of Nigeria (NAN) in Osogbo on Sunday. Odeyemi, while congratulating Gov. Olusegun Mimiko on his re-election in Osun, noted that his victory showed that the people still wanted him in power. “Democracy has worked this time around, and what it means is that the era of election rigging or manipulation of results is gone forever with this election in Nigeria,” he said. According to him, ``it is very unusual for the opposition to congratulate the winner of an election and for the winner too to be magnanimous in victory as contained in Mimiko’s reaction to the election’’. He observed that the election went smoothly not because of politics or an inducement of the electorate before they c

Lagos turns Fela’s home into Kalakuta Republic Museum

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The Lagos State Government has turned the house of the late Afrobeat legend, Fela Kuti, into a museum to “promote cultural heritage and mark the 74th birthday” of the legendary musician. Inside the museum located at 8, Gbemisola Street, Allen Avenue, Ikeja, to be and managed by Total Consult, are Fela’s trademark items like dresses, shoes and household materials. The dresses are about 3,000. Others include covers of the albums of the late musician. Images on the album covers bear a variety of styles and typefaces which echo and comment on the works and politics of the artiste. According to the state Commissioner for Tourism and Inter-Government Relations, Mr. Disun Holloway, the Kalakuta Republic Museum is to bring back the old social life and culture to Lagos. He noted that it was impossible to overstate the importance of Fela to Lagos and the global musical village. He said, “It is only appropriate to have chosen a day as this to declare this monument

The Swedish Academy to announce Nobel Prize in Literature Winner.

Accompanied by rampant speculation that is rarely accurate, the Swedish Academy prepared on Thursday to award the 2012   Nobel Prize   in Literature, the cultural high point of a week of accolades to scientists, writers and peacemakers. Since 1901, 104 Nobel literature prizes have been awarded, the most recent to Tomas Transtromer, a Swedish poet, whose more than 15 collections of poetry, the academy said last year, offered “condensed, translucent images” through which “he gives us fresh access to reality.” The panel selecting the winner prides itself on its inscrutability and, according to the Nobel Web site, “the nominations and the opinions written by the members of the Nobel Committee in Literature each year are kept secret for 50 years.” The selection of a European writer for the 2011 literature prize — the eighth in a decade — complaints revived that the award is too Eurocentric. The last American writer to win a Nobel was Toni Morrison in 1993. Philip Roth has been a perenni

South Africa's foods company moves to acquire more stacks in Dangote Flour Mills

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 South Africa-based foods company Tiger Brands, who recently completed a 63.3 percent stake acquisition of the $150 million-valued Dangote Flour Mills Plc (DFM), may be up for more stakes as reports indicate plans to buy off minority shareholders in the company. According to Nigerian newspaper  THISDAY , disclosed that a reliable stock market source said: “We see a tender offer coming but we cannot say the exact time. However, it is very certain that Tiger Brands would want to settle the minority shareholders and be in total control of DFM.” Dangote Group, a conglomerate owned by Africa’s richest man, Alhaji Aliko Dangote, had last week concluded the sale of 63.3 percent of its flour mills stake to Tiger Brands, retaining only 10 percent and leaving a 26.7 percent holding shared amongst diversified minority shareholders. However, Aliko Dangote would remain as chairman of the DFM. The aggressive expansion  strategy of the South African food company, which earlier acqui

Vodacom beats MTN as it Launches 4G LTE service.

Vodacom launched South Africa’s first commercial LTE service in Johannesburg today, in a surprise announcement by CEO Shameel Joosub, winning the race for 4G against rival MTN. Joosub surprised attendees at the 2012 MyBroadband Conference this morning, announcing that Vodacom’s Long-Term Evolution network is switched on and commercially available. In a further sensational touch, Vodacom’s Chief Technology Officer Andries Delport, and Jannie van Zyl – who rejoined Vodacom in 2010 –  went on to make the first commercial LTE call in South Africa using two Samsung Galaxy S3 phones in front on onlookers. Jossub announced that the next generation service is already live in 70 sites – for now, only in Johannesburg – but promised that the company would have 150 sites live by the end of October, with up to 500 sites available for commercial use by the end of the year. Vodacom has launched its commercial 4G network using re-farmed 1 ,800Mhz spectrum, however the CEO noted that ex

Nigeria celebrates 52nd Independence Anniversary: The trends, Challenges & Solutions.

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I will not fail says Nigeria's President Goodluck Jonathan PRESIDENT Goodluck Jonathan promised Nigerians on Monday that he would not fail as President, but challenged the citizens to renew their hope and faith in the possibilities that lie ahead. “Let me assure all Nigerians that we shall not fail,” Jonathan told Nigerians in a dawn broadcast to mark the nation’s 52nd Independence Anniversary. The President added, “I am confident that Nigeria would continue to be a source of pride to its citizens, to Africa and the black race and to humanity. We have remained a strong nation. I bring to you today, the message of renewed hope and faith in the many possibilities that lie ahead.” The anniversary was celebrated within the Presidential Villa amid tight security all around the Federal Capital Patience absent The President’s wife, Patience, was expectedly absent from the event witnessed by top government functionaries and friends of the administration.

Nigeria: $707m Approved For 5 New International Airports

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Nigeria, in a strong move to increase the contribution of the aviation sector to its GDP, has approved the sum of 106 billion naira ($707 million), through the Federal Executive Council (FEC), for the construction of five new, world-class international airports. According to  BusinessDay , the Minister of Aviation, Princess Stella Oduah disclosed the development during a media briefing in Abuja. Upon assuming office, the minister had penned the construction of five new international terminals in Lagos, Abuja, Port Harcourt, Kano and Enugu as the second phase in the ministry’s development strategy for the aviation sector which had been struggling with debts, lack of qualified personnel, below industry standard operations, among others. In September, Nigeria’s national carrier, Air Nigeria sacked a substantial number of its employees, leaving only a staff of 50 to try to resuscitate its shut down operations within a year, after management was mounted with overbearing debts.