Tag Archives: News

‘By 2100, Lagos Will Be The Largest City In The World’ Mercer

Global consulting firm, Mercer , has projected that Lagos will be the largest city in the world by the year 2100 with a population of over 88 million residents.

A statement quoted the company ’ s Head of Strategy and Geographic Expansion, Pearl Siffel , as saying this during the launch of a new study in partnership with a human resources and management consulting firm , EZ 37 Solutions.

The study , titled, ‘ People first : Driving growth in emerging megacities , ’ was launched in Lagos , and it examined the needs of workers in the 15 fastest growing cities across four key factors which were human , health , money and work.

Siffel explained that the city of Lagos was important for such a study because it remained the most populous city in Africa , adding that the study would not have been completed without Lagos .

According to her , there were more babies born in Nigeria than in Europe .

Siffel said , “ Findings reveals that 42 per cent of workers are very comfortable with overall satisfaction with life . 93 per cent of workers say that access to employer- subsidised health and wellness programmes is important to them.

“ What organisations and the cities need to do is to focus more on those needs and the people ’ s skills will be a competitive advantage to organisations while technology will drive the process . ”

Mercer ’ s Principal Consultant, Deon de Swardt , explained that organisations needed to take the study and understand it properly to know what employees were looking for so that they could develop the people’ s strategy.

‘NYSC made me lose the love of my life, scrap it’ LASPOTECH student who commits suicide said

A student at the Department of Hospitality Management Technology , Lagos State Polytechnic , Ezekiel Mayowa , has killed himself after he was reportedly dumped by his girlfriend .

The corpse of the 34 – year- old part -time student was discovered in his residence at Eyita , Ikorodu , around 5 am on Friday .

He was said to have taken a poisonous substance suspected to be Sniper .

Moments before he committed suicide , Mayowa posted a video on Facebook , explaining why he took the decision .

In the three- minute – 18 – second video , Mayowa bemoaned how his lover, one Bolaji Temmy, whom he had dated for nine years , ended the relationship after she commenced her National Youth Service Corps programme.

Amid sobs , Mayowa , who identified himself as the president of his department ’ s students ’ association , lamented that he had made several efforts to reconcile with his estranged lover, but to no avail .

He said in the video , “ I will advise the Federal Government to scrap NYSC because that is where I lost my joy ; my love . I am not a bad boy ; I am not wicked .

Since my woman got into that ( NYSC) camp , everything changed . Since last year , we ’ ve not been able to resolve anything . My woman is now taking an advantage of the mistake I made three years ago to leave me.

“ I am going, I need to go , Bolaji Temmy is the woman I ’ m talking about . I need to go . To all the boys out there, please try to make money before you date any woman. I ’ ve tried my best . I ’ ve tried all I could . We ’ ve been dating for nine years and now she is leaving. I hurt her in the past, but I ’ ve appealed to her . But she insisted on leaving me. ”

He appealed to his mother and colleagues to take heart , noting that he had chosen his own path .

“ I will miss my mum. Mummy , please don ’ t cry . I have chosen my own path … I will miss you all. Your president is going… I am going . I am going now. I am empty. Bye , ” he concluded .

The Lagos State Police Public Relations Officer , DSP Bala Elkana , said the Shagamu Road Police Station , Ikorodu, received a distress call on the suicide around 5 . 30 am .

He said when interrogated by the police , the girlfriend said Mayowa was fond of beating her and that they were together shortly before he took the poison.

Elkana said , “The police received information that a 34 – year- old part -time student at Lagos State Polytechnic, Ikorodu, drank a poisonous chemical identified as Sniper , following a misunderstanding between him and his girlfriend , Olokodana Bolaji , 24 , who was also a graduate of the same institution .

“ He was rushed to hospital by his neighbours following an alarm raised by his girlfriend , but eventually died . In the statement of his girlfriend , she told police investigators that she and the deceased dated for nine years and that the deceased was fond of beating her .

“ She said while she was with the deceased in his room , they had a quarrel and he , as usual , resorted to physical violence . She said she ran to the rest room and upon her return , she found him gasping for breath with an empty bottle of Sniper beside him .”

The PPRO stated that detectives from the Homicide Section of the State Criminal Investigation and Intelligence Department , Yaba , visited the scene of the incident , adding that the corpse had been deposited at the Ikorodu General Hospital mortuary for autopsy .

“ Investigation is ongoing to determine whether it was actually a suicide case or murder , ” Elkana added .

SEC Bars Wale Tinubu For Holding Director Of Any Public Company For Five Years

The Securities and Exchange Commission (SEC) has barred Wale Tinubu, chief executive officer of Oando Plc, from being a director in (any) public company for the next five years.

The company’s deputy CEO has also been barred while board members found guilty of various infractions have been directed to resign.

In a statement made available to TheCable on Friday, the commission said an extraordinary general meeting should be convened before July 1 to appoint new directors.

SEC had given Deloitte the go-ahead to carry out a forensic audit after Dahiru Mangal, a shareholder, accused the company of declaring false profits and insider trading.

“Following the receipt of two petitions by the Commission in 2017, investigations were conducted into the activities of Oando Plc (a company listed on the Nigerian and Johannesburg Stock Exchanges),” the statement read.

“Certain infractions of Securities and other relevant laws were observed. The Commission further engaged Deloitte & Touche to conduct a Forensic Audit of the activities of Oando Plc.

“The general public is hereby notified of the conclusion of the investigations of Oando Plc. The findings from the report revealed serious infractions such as false disclosures, market abuses, misstatements in financial statements, internal control failures, and corporate governance lapses stemming from poor board oversight, irregular approval of directors’ remuneration, unjustified disbursements to directors and management of the company, related party transactions not conducted at arm’s length, amongst others.”

The company is also expected to pay an undisclosed monetary penalty while board members are expected to refund improperly disbursed remuneration.

In addition, the SEC stated that other aspects of the findings would be referred to the Nigerian Stock Exchange (NSE), Federal Inland Revenue Service (FIRS), and the Corporate Affairs Commission (CAC).

Modi Sworn-in as India PM for Second Term

Modi took the world stage on Thursday as the most popular Prime Minister in India’s contemporary history, took the oath of office for a second term few hours ago.

The venue was Rashtrapati Bhavan, New Delhi in India. And not less than about 6,000 dignitaries were there to witness this grand epoch making event.

And there were 100 non-resident Indians too from outside India invited to witness the event.

All around the world, Indians at home and in the Diaspora had formed various groups campaigning for Prime Minister Narendra Modi who is considered to have made great strides in development and structures in place in the political and economic front of the country.

The Prime Minister has been so popular with his policies and government strategy that he won the election with a landslide.

Representing the Overseas Friends of Bhartiya Janta Party (OFBJP), Nigeria chapter today at the Oath taking ceremony, was the amiable Sanjay Srivastava, the President of OFBJP Nigeria.

We hear that as soon as Sanjay Srivastava got his invitation to the event, he packed, departed Lagos and off he went to New Delhi.

Reason Why New Yobe Governor Marries His Predecessor’s Daughter

Mai Mala Buni, governor of Yobe state, married a new wife 24 hours after taking the oath of office.

The governor’s new bride is Umi Adama, one of the daughters of Ibrahim Gaidam, who handed over to Buni on Wednesday.

The newsmen understands that Umi Adama is currently a student at a university in Saudi Arabia. The wedding took place at Damaturu, capital of the state.

A source told our reporter that Buni was miffed that the plan to keep the wedding out of the public flopped.

“No one can say exactly how this strictly private affair caught the attention of the public,” the source said.

“As an insider, I can tell you that even the representative of the Gaidam family who handed over the girl to her in-laws did not initially know who the groom was. They only told the old man that she was getting married to someone called Yusuf.

“It was yesterday that some people know that the governor also bears Yusuf.”
After the wedding ceremony, Buni was said to have joined his father-in-law at his residence at Tahir guest palace in Kano state.

The governor reportedly spent the night there before moving to Abuja, where another source said he is at the moment.

There are unconfirmed reports that Buni, who already has two wives, plans to make his predecessor’s daughter the first lady of the state.

The governor was said to have recently married a Borno house of reps member who lost reelection bid.

Buni was national secretary of the ruling All Progressives Congress (APC) when Gaidam declared interest in having him as his successor.

Gaidam wields a great influence in the state. He was elected deputy governor of Yobe in 2007 but succeeded Mamman Bello Ali, the governor, who died in 2009.

Gaidam contested the 2011 governorship election under the All Nigeria Peoples Party in 2011 and won. He was re-elected under APC in 2015. He is currently the senator-elect of Yobe east.

Bukar Abba Ibrahim, a former governor of the state who has been in the senate since 2007, was said to have let go of his reelection ambition in order to pave the way for Gaidam.


« Older Entries