Tuesday

Funke Akindele, Desmond Elliot, Others Shine As Nominees Of AMVCA

Africa Magic Viewers’ Choice Award (AMVCA) is less than a month away and nominees of the prestigious and well-celebrated awards have since been announced to the delight of fans, who still have the opportunity to vote for their favourites.
The 1st edition, which held in 2013, had the likes of O.C Ukeje, Mercy Johnson, Tunde Kelani and other notable movie stars as winners of different award categories.
According to organisers, this year promises to be even more exciting as there are speculations as to which celebrities will win in the different categories.


Nominees List:


BEST ACTRESS IN A DRAMA
Stephanie Wilson – Living Funeral (3A)
Veronica Waceke – Higher Learning (3B)
Nse Ikpe-Etim – Journey To Self (3C)
Nkiru Sylvanus – Kiss And The Brides (3D)
Ivie Okujaye – The Volunteers (3E)


BEST ACTOR IN A DRAMA
Juma Rajab Rashid – Siri Ya Mtungi (2A)
Majid Michel – Somewhere in Africa (2B)
Hlomla Dandala – Contract (2C)
Majid Michel – House of Gold (2D)
Tope Tedela – A Mile from Home (2E)


BEST MOVIE (DRAMA)
Obi Emelonye – Last Flight to Abuja (6A)
Edwin Maina Kariuki – Nairobi Half Life (6B)
Udoka Oyeka & Orode Ryan – Living Funeral (6C)
Frank Rajah Arase – The Price (6D)
Frank Rajah Arase – Groom’s Bride (6E)
Chris Eneaji &  Jumafor Ajogwu – Murder at Prime Suites (6F)


BEST ACTOR IN A COMEDY
Hlomla Dandala – Contract (7A)
John Okafor – Return of Sheri Koko (7B)
Osita Iheme – The Hero (7C)
Osita Iheme – The Fighter (7D)
Chinedu Ikedieze – The Hero (7E)


BEST ACTRESS IN A COMEDY
Funke Akindele – The Fighter (8A)
Funke Akindele – The Hero (8B)
Funke Akindele – The Return Of Sheri Koko (8C)
Mary Ogbonna – Clinic Matters (8D)
Jackie Appiah – Cheaters (8E)
Yvonne Okoro – Contract (8F)


BEST MOVIE (COMEDY)
Uche Jumbo – Lies Men Tell (9A)
Shirley Frimpong-Manso, Yvonne Okoro & Ken Attoh – Contract (9B)
Elvis Chucks – A Wish (9C)
Martins Onyebuchi Onyemaobi – The Fighter (9D)
Martins Onyebuchi Onyemaobi – The Hero (9E)

I Have Absolute Power To Suspend Central Bank Governor – Jonathan

The Nigerian President, Goodluck Jonathan says he has absolute power to suspend the governor of the Central Bank of Nigeria (CBN), addressing controversies tailing the suspension.
At a Presidential Media Chat held in Abuja on Monday, President Jonathan touched on some issues of national interest – the National Conference, suspension of Sanusi Lamido Sanusi, Kerosene subsidy, power stability and the insurgency in the north-east.
He pointed out that “Mr Sanusi is still the governor of the CBN”, explaining that the suspension was not an outright removal.
opinionvoices.blogspot.com


“The issue of suspension and removal are different. The CBN Act specifies that the two-third of the Senate will have to give approval to the ‘removal’ before it is implemented. They are not to give an approval before a suspension,” he said.
“Sanusi’s issue is that of financial auditing and we must allow the Financial Reporting Council to work and if Sanusi has no case to answer, when the investigations are over, he will not be prosecuted.”
The Nigerian president pointed out that “when dealing with the treasury of a country, you must be careful”, emphasising that no president will wake up and take a decision when the Central Bank is involved.
He reassured Nigerians and the international community that the suspension would not affect the leadership of the Central Bank.
Alleged Missing Money
Sanusi had accused the Nigerian National Petroleum Corporation (NNPC) of not remitting $20 billion to the Federation Account before he was suspending, a claim that some critics have linked to his suspension.
But Jonathan dismissed the claims, saying that investigations on the alleged missing money had started.
“Any amount missing must be investigated and recovered. Nobody is covering anybody or group of persons. We must look into it, even if its $1 that is missing, we must get it back. That amount of money will do a lot in giving Nigerians job and infrastructure they need,” President Jonathan said.
National Conference Begins March 10
The President also said that the National Conference would begin on March 10 after the inauguration of the chairman, deputy chairman and the secretary in March 3.
The modalities of the conference had specified that issues bordering on the disintegration of Nigeria are no go area and President Jonathan explained that the report submitted by the Presidential Advisory Committee on National Conference showed that only one person raised the issue of disintegration of the country during their tour of the six geo-political zones.
“The chairman, deputy chairman and the secretary of the National Conference will work out how the conference will be managed.
“Nobody wants disintegration of Nigeria to be the focus of the National Conference. The purpose of the National Conference is not for disintegration. Nigeria will not disintegrate.
“The conference is necessary to prepare the new administration with a mindset that Nigerians have chosen a way they want to go,” the President said.
He expressed optimism that the conference would engender a lot of changes, but stressed that the administration would not be affected by the outcome of the conference.
Kerosene Subsidy Removal
Sanusi also accused the NNPC of sustaining the subsidy on Kerosene even after late President Umaru Yar’Adua gave a directive to suspend it.
But President Jonathan, who was the vice president at that time, said that the subsidy was not removed.
“Somebody may have found a document forgotten in a file and begin to circulate it claiming that subsidy was removed,” he said.

Thursday

The world reacts to Sanusi’s suspension

Nigerian President Goodluck Jonathan suspended respected central bank governor Lamido Sanusi on Thursday.
                                

Nigerian central bank governor Sanusi Lamido Sanusi.
This was a shock decision that caused the naira to fall more than 1 percent against the dollar.
Sanusi, who was due to end his term in June, had been an increasingly outspoken critic of Jonathan's government and its record on tackling endemic corruption in Africa's biggest oil producer.
Following are analysts' reactions:  
ANGUS DOWNIE, HEAD OF ECONOMIC RESEARCH, ECOBANK
"Sanusi did a fantastic job as governor and it will be very difficult to find someone that can continue his line of effort in restructuring the banking sector and strengthening monetary policy to the next phase.
"He was due to step down in June but when something unexpected like this happens it does raise concerns about what is happening with the direction of policy in Nigeria.
"The immediate reaction to Sanusi's dismissal is a knee jerk reaction. This immediate fall in the naira would be expected in any emerging market or frontier market. Fundamentally there's no reason for the naira to fall further.
"You've got a very safe pair of hands that are taking over in the immediate period, Sarah Alade. In terms of the economic policy agenda, that's her remit. She's the deputy governor responsible for economic policy."  
ALAN CAMERON, ECONOMIST AT NIGERIAN STOCKBROKER CSL
"It's not so much what it does to the CBN (Central Bank of Nigeria), which we believe had a strong institutional foundation and skilled leaders, but what it says about the Presidency itself.
"If the Jonathan administration is willing to discard a safe pair of hands at a time when the currency is being tested anyway, it shows more political motivation than economic awareness.
"Speaking from the perspective of international investors, this is likely to go down badly."
MELISSA VERREYNE, ECONOMIST, NKC ECONOMISTS IN CAPE TOWN
"This is very worring for the central bank's independence, and creates uncertainty about the future monetary policy direction.
"The strange allegations made against Mr Sanusi, and the fact that the government was not content with simply letting his term expire, appear to be aimed at sending a warning to outspoken central bank officials.
"The ability of the central bank to criticise fiscal policy and the remittance of oil revenue is important, as it improves the accountability of the public sector.
"Any reversal of this will jeopardise the central bank's ability to maintain price and exchange rate stability, due to the pressure on foreign exchange reserves caused by corruption and government withdrawals."      
YVONNE MHANGO, AFRICA ANALYST, RENCAP
"His suspension does raise concern among investors about the ability to sustain the naira at present levels. We will see more pressure on the currency between now and June, and more weakness than we had anticipated prior to this news.
"You're going to get a much more conservative CBN governor.
The impression from the statement is that he (Jonathan) thought the governor had gone above and beyond his mandate. It suggests that whoever he selects going forward will toe the line and be more conservative."  
RAZIA KHAN, HEAD OF AFRICA RESEARCH, STANDARD CHARTERED
"The nature of the suspension will come as a significant shock to foreign portfolio investors, whose willingness to invest in Nigeria was very much influenced by the transparency and anti-inflation credibility associated with Sanusi's policies.
"This will be a significant negative for the Nigerian naira and Nigerian financial markets. Investors will pay attention to whichever successor is announced, but this is unlikely to sit comfortably."
SAMIR GADIO, EMERGING MARKET STRATEGIST, STANDARD BANK
"This is a disruptive move which indicates that the CBN has de facto lost much of its independence.
"Clearly it is driven by political motives given Sanusi's vocal criticism of oil revenue leakages and the opaque fiscal system in Nigeria.
"If anything, this development will compound upside risks to USD/NGN by precipitating the foreign exit and a negative domestic positioning against the naira.
"Foreign investors are likely to be active sellers of Nigerian assets in coming days subject to market liquidity constraints."

Tuesday

TOKE MAKINWA IS FAKE FROM HEAD TO TOE- Nanya Diali

TOKE MAKINWA IS FAKE FROM HEAD TO TOE- Nanya Diali
 They say, dont throw stones if you live in a glass house but apparently Toke Makinwa Ayida doesnt apply this wise word.

She is an OAP that anchors 'The morning drive' show on Rythm 93.7 FM and all she does is constantly attack her cohost, Nanya Diali calling him names and swearing never to date his type.

This morning on the show, as usual, Toke was first to attack Nanya saying the polo shirt he is wearing is fake, but trust the igbo presenter, he threw it back at her and says, his shirt maybe fake but Toke is actually fake from head to toe. *holds laugh*

A shocked Toke asked Nanya to expantiate on the aspect of her that is fake, and trust Nanya not to mince words. His words "If you remove the weaves, the fake eye lashes, the makeup, the push up bra and especially the bleached skin, people will run. You have no single natural beauty. You are totally fake!"

Haba, kilagbe kileju uncle Nanya. OmG! I am still laughing o.Whatttttt happeeeennnnnnn!!!

Wednesday

Nigerian president sacks ministers....

Nigerian President Goodluck Jonathan on Wednesday sacked four cabinet members including aviation minister Stella Oduah,
a close ally, a presidency source said, in the latest of a wave of government changes ahead of elections next year.
He also removed minister of police affairs Caleb Olubolade,
minister of the Niger Delta Godsday Orubebe
 and deputy  finance minister Yerima Ngama,
 the
Jonathan is facing a crisis within his ruling People's Democratic Party (PDP) over his assumed intention to run for another term in the 2015 election. He has yet to say whether he will.
Jonathan dismissed his chief of staff on Monday, after overhauling his military high command last month.
He has been defending his record on corruption this week after a series of graft allegations in recent months.
Oduah stirred public outcry last year after her ministry spent $1.4 million on two bullet-proof limousines, far more than their market value. Opponents have been calling on Jonathan to remove her.

Friday

LAGOS HOMS: SET RULES BY FASHOLA

 







Asari Dokubo released by SSS.