Login Form

CoalaWeb Traffic

Today31
Yesterday250
This week466
This month2262
Total68987

Visitor Info

  • IP: 54.82.73.21
  • Browser: Unknown
  • Browser Version:
  • Operating System: Unknown

Who Is Online

2
Online

Wednesday, 14 November 2018

Make your events BIG and colourful. Use bulk SMS to reach out to many people at very low cost of #1.98k per SMS. Register @ satisfyingsms.com and start sending bulk SMS to all networks at only #1.98k/SMS. No hidden charges

Screenshots 2016 11 09 06 55 51The results so far from the USA election indicate that Americans also want  "change" just as Nigerians did a year ago. This is evident from the results collated so far which show the Republican candidate, Donald Trump to be taking the lead. Currently,  the collated results show that Mr Trump has polled 244 votes out of the required minimum 270 electoral college votes while his opponent, Mrs Hillary Clinton of the Democratic party has 215 votes.

This results have been generating mixed feelings among different categories of people. For instance, while  the  Trump campaign team has been jubiliating, the Latinos and the immigrants are uncertain as to what to expect from Trump as the president.

Also, stock market has also been responding negatively to the unfolding US election results due to some comments made by the Republican candidate,  Donald Trump.

However,  opinion polls show that many indigenous Americans want "change" and Trump is the agent of change they have.

 

Comment (55) Hits: 459

Make your events BIG and colourful. Use bulk SMS to reach out to many people at very low cost of #1.98k per SMS. Register @ satisfyingsms.com and start sending bulk SMS to all networks at only #1.98k/SMS. No hidden charges

Screenshots 2016 11 09 06 55 51The results so far from the USA election indicate that Americans also want  "change" just as Nigerians did a year ago. This is evident from the results collated so far which show the Republican candidate, Donald Trump to be taking the lead. Currently,  the collated results show that Mr Trump has polled 244 votes out of the required minimum 270 electoral college votes while his opponent, Mrs Hillary Clinton of the Democratic party has 215 votes.

This results have been generating mixed feelings among different categories of people. For instance, while  the  Trump campaign team has been jubiliating, the Latinos and the immigrants are uncertain as to what to expect from Trump as the president.

Also, stock market has also been responding negatively to the unfolding US election results due to some comments made by the Republican candidate,  Donald Trump.

However,  opinion polls show that many indigenous Americans want "change" and Trump is the agent of change they have.

 

Comment (48) Hits: 466

Make your events BIG and colourful. Use bulk SMS to reach out to many people at very low cost of #1.98k per SMS. Register @ satisfyingsms.com and start sending bulk SMS to all networks at only #1.98k/SMS. No hidden charges

Falana e1452445719505 300x173Femi Falana, human rights activist and Senior Advocate of Nigeria (SAN), has called on the federal government to drop its plan to borrow $29.960 billion to execute key projects across the country. The soft-spoken lawyer said the government would be putting the collective destiny of the younger generation in jeopardy should it go ahead with the controversial decision.

 

President Muhammadu Buhari recently asked the approval of the National Assembly to borrow the said loan from the World Bank. Falana, while speaking at the 2016 annual general conference of Committee for Defence of Human Rights (CDHR) in Lagos, urged the federal government to source for funds locally. The lawyer, who is a former president of CDHR, said the government should use recovered loot and go after chronic debtors to fund its projects. He said: “We hear that the federal government wants to borrow 29 billion dollars  to fund the economy, my advice is we do not need to do this at such a period in our economy. “What about the millions of the recovered loots from those who stole our money, our money that are in the hands of those who decided to steal from the treasury? “I have a report from Nigeria Extractive Transparency Initiative, NEITI which states that the oil companies and NNPC are owing the federal government a joint $20.2b. “All these should be recovered and used for these projects instead of putting the destiny of the younger generation and those to come in jeopardy as a result of the huge national debt it will bring.” It will be recalled that President Muhammadu Bu­hari had sent a request to the House of Representatives and Senate to borrow the sum of $29.960 billion to provide infra­structure and execute its safety net programmes from 2016 to 2018. The money, the President said, would be used to finance pro­jects with emphasis on infrastruc­ture, agriculture, health, educa­tion, water supply, growth and employment generation, pover­ty reduction through social safe­ty net programmes and govern­ance and financial management reforms among others. He said the devastated North East Zone will get the sum of $575 million from the loan. Bu­hari said that proposed projects and programmes will take the sum of 11.274 billion dollars, special nation­al infrastructure projects ($10.686 billion), Euro bonds ($4.5 billion) and Federal Government budget support ($3.5 billion).


 Source: Vanguard News. Read more at: http://www.vanguardngr.com/2016/10/falana-faults-fg-plan-borrow-29-9bn/

Comment (25) Hits: 295

Make your events BIG and colourful. Use bulk SMS to reach out to many people at very low cost of #1.98k per SMS. Register @ satisfyingsms.com and start sending bulk SMS to all networks at only #1.98k/SMS. No hidden charges

naira nigeriaThe Naira on Monday in Lagos appreciated marginally against the dollar at the parallel market, gaining N2. The currency exchanged at N468 to the dollar as against N470 it traded on Friday. The Pound Sterling and the Euro closed at N565 and 510, respectively. At the interbank market, however, the naira depreciated against the dollar, eroding the gains of Friday in that segment. It shed N4.31 to close at N308.81from N304.50 posted on Friday. Trading at the Bureau De Change window showed that the currency closed at N385 to the dollar, while the Pound Sterling and the Euro traded at N564 and N504, respectively. A BDC operator, Mr. Abubakar Adamu, expressed optimism that the naira would appreciate further in the coming days. NAN Source: Punch

Make your events BIG and colourful. Use bulk SMS to reach out to many people at very low cost of #1.98k per SMS. Register @ satisfyingsms.com and start sending bulk SMS to all networks at only #1.98k/SMS. No hidden charges

Comment (26) Hits: 616
Make your events BIG and colourful. Use bulk SMS to reach out to many people at very low cost of #1.98k per SMS. Register @ satisfyingsms.com and start sending bulk SMS to all networks at only #1.98k/SMS. No hidden charges

Addis Ababa Djibouti rail line 300x247

Ethiopia will on Wednesday launch Africa’s first modern electrified railway line. Built by China, the rail line links the Ethiopian capital , Addis Ababa with the port of Djibouti. The full length of the railway is 752.7 kilometers, with a designed speed of 120 km per hour. With a total investment of 4 billion U.S. dollars, it is was built by China Railway Group and the China Civil Engineering Construction Corporation. “The railway is constructed on the basis of Chinese railway technology standards while taking into account the national conditions of Ethiopia and Djibouti,” said Zeng Deli, a project manager of the China Railway Group, to Xinhua. It was designed and constructed in a most economical way, taking only six years for its final completion, which should be viewed as some kind of miracle even in China, Zeng said. The modern standard-gauge Addis Ababa-Djibouti railway runs parallel to a decrepit meter-gauge version built over 100 years ago by Europeans. Over 90 percent of Ethiopia’s imports and exports, in particular energy and food, are made via the sea port of Djibouti. The capacity of the current road system has long been overwhelmed. When the new railway becomes operational, transport time from Djibouti to the Ethiopian capital will be reduced from 7 days to ten hours. Besides faster transport, the Chinese firms have an even greater ambition. That is, the railway will serve as a catalyst for Ethiopia’s national economic development. The Addis Ababa-Djibouti railway is only one of many major projects currently under way in the framework of China-Africa cooperation. For the Chinese contractors, the construction of a railway with a designed speed of 120 km per hour is not difficult. But it takes nothing short of a great feat to complete it with no compromise on quality and timeliness when there are inadequate construction materials and technical staff in Ethiopia. With careful planning and patient coordination, the Chinese firms managed to make sure construction materials imported from abroad arrived on time. To ensure good quality and no delay in construction, they even took the pains to manufacture the materials themselves, despite their higher cost. For the Chinese firms, a lack of local technical personnel with adequate railway technology knowledge is a more serious problem. For example, it took 20,000 workers to complete a specific section of the railway, and it would be impossible to have the posts filled all by Chinese, said Fu Xun, another project manager with the China Railway Group. To tackle the challenge, the Chinese firms made the training of local technical workers a daily routine of their operations in Ethiopia. For the past few years, more than 15,000 local workers went through various training programs, thus ensuring enough manpower for railway construction and a talent reserve for future management of railway operations. To protect its precious wildlife resources along the railway, the Ethiopian government set a high environmental protection protocol. To meet these high ecological standards, the Chinese companies did their best not to alter the original landscape along the railway. They also spent more than 4 million U.S. dollars to build overpasses specially designed for safe animal crossover.

Source: Vanguard: http://www.vanguardngr.com/2016/10/ethiopia-launches-africas-ist-electric-rail/

Comment (25) Hits: 360