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How we spent Abacha’s loot — Okonjo-Iweala

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ABUJA—Minister of Finance and Co-ordinating Minister for the Economy and , Dr. Ngozi Okonjo-Iweala , said yesterday that the $ 500 million recovered Abacha loot was used to develop the nation’s rural areas. The minister was reacting to an article by Mr.  Sonala Olumhense who claimed that $2.5 billion was recovered from the funds looted by the then maximum ruler, Gen. Sani Abacha but that the money disappeared under the minister’s watch. According to the minister, $ 500 million, not $2.5 billion was recovered and had been spent development projects in rural areas as agreed with the Swiss government. A statement by Mr. Paul Nwabikwu, Special Adviser to the minister said that the claims by Mr. Olumhense were unverified and largely false. “The problem I have with Mr Sonala Olumhense’s articles on the Coordinating Minister and Minister of Finance, Dr Ngozi Okonjo Iweala is the general absence of verified facts and the basing of opinions on gross inaccuracies. “For instance,...

No plan to increase pump price of petroleum, says NNPC

Abuja – The Nigerian National Petroleum Corporation (NNPC) on Wednesday described as false, rumours of an imminent increase in the pump price of Premium Motor Spirit (PMS) otherwise called petrol. This is contained in a statement issued in Abuja by Dr Omar Farouk Ibrahim, the Acting Group General Manager, Group Public Affairs Division, NNPC. In the statement, the NNPC stated that there were no plans by the Federal Government to increase the price of fuel in the country. The corporation also reassured Nigerians that there was enough supply of fuel in the country at the moment. It urged motorists not to indulge in panic buying as there were enough products to last the country for several weeks. The corporation stated that the re-emergence of long queues was due to hoarding by filling station owners in vain anticipation of fuel price hike. It implored filling station owners to refrain from hoarding, to help lessen long queues. The NNPC also cautioned marketer...

Dear LIB readers: I'm not physically attracted to my man

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From a female LIB reader I have been in a relationship with my man for about 18 months. When I first met him, I never thought anything would come off it. I typically brushed him aside and never gave him too much thought as he is very physically different than what I am usually attracted to in a man. With time, I slowly realized that his character and personality is everything I have ever hoped, dreamed and fantasized about. No kidding. I decided to give us a chance. It has been 18 months now and he has started talking about long term plans i.e getting married. The problem is, whenever I meet or come across anyone with the physical attributes I am attracted to, I start to second guess the whole relationship as I sometimes lust after people who possess these physical attributes. I really can’t help it. I do not want to  cheat  on this man if we eventually get married but I fear this may happen. I really love this man but this is too confusing. H...

SA man launches contest for virgins, to reward them with R100,000

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29 year old Rabelani Ramali (pictured right), a community worker from rural Limpopo province in South African has launched a contest in the country where girls who are virgins at 35 and below would be rewarded with R100,000 or less plus medals; gold, silver or bronze, depending on their ages. Rabelani who has fathered five children by four women out of wedlock, says he decided to come up with this idea to help checkmate the rate of unwanted pregnancies and HIV cases amongst south African women. He said his NGO, SA Virgin Girls Awards, which was registered in November 2013, is set to take on this task as he has recruited 31 volunteer workers who would help disburse forms among women in schools, market, churches and other places. Rabelani said he has contacted local medical doctors who have agreed to help him carry out the virginity test on the girls who would come forward to get tested. R100,000 would be given to virgins between the ages of 31 and 35, R50,000 for those aged 26 to 3...

Nigeria Centenary grand finale: Water Jets, Holograms, Pyrotechnics

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Guaranteed to be a once in a lifetime experience, water jets, holograms and pyrotechnics are just a few unique components that will be incorporated into The Nigeria Centenary Concert, Multimedia Show and Fireworks display hosted by His Excellency, Dr. Goodluck Ebele Jonathan. With high security measures in place, an array of Presidents and World Leaders, as well as former Presidents/ Heads of State will journey to Nigeria’s Federal Capital Territory, Abuja for the spectacular event of the century taking place on Thursday, 27 th  February 2014 at the Abuja National Stadium. Make sure you don’t miss this historic event. Tune in to the  LIVESTREAM  portal  www.proudlynigeria100.tv  by 6pm, this Thursday and watch as the Story of Nigeria’s past 100 years is uniquely displayed. The show will also be broadcasted live on NTA, AIT and Channels TV. ABOUT THE SHOW: With over a thousand (1000+) cast and crew members from all over Nigeria, this story would ...

UEFA Trophy Storms Nigeria Courtesy Heineken

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All is now set for Nigerian football fans, especially devotees of the UEFA Champions League, to feel and experience the elite league trophy which will berth in the country on March 13, 2014 courtesy of World’s leading international premium lager beer, Heineken. The trophy, which will be accompanied by Dutch football legend, coach and Heineken brand ambassador, Ruud Gullit, is expected to remain in the country till March 16, 2014. Continue... The UEFA Champions League Trophy Tour has been presented for eight consecutive years by Heineken International, a UEFA Champions League partner. In 2014, Heineken will give football fans in Nigeria, Argentina and Vietnam the chance to see and get up close to the prestigious trophy. Like Heineken, the trophy is a true global icon. It represents the excellence of the UEFA Champions League worldwide and the ultimate achievement in European club football.  In order to make the event memorable, various events and activities have been...

'Samuel Eto'o is 39, not 32' his baby mama Anna Barranca claims

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A we ek after Chelsea boss Jose Mourinho was secretly filmed saying he thinks Samuel Eto'o is older than his age, his ex Anna Barranca has spoken out saying Eto'o is way older than 32. "The problem with Chelsea is I lack a scorer. I have Eto’o but he is 32 years old, maybe 35, who knows?’ Mourinho said in a private conversation but it was secretly recorded and published on a sports website. It has since been taken down. Now Eto'o's former lover, Anna Barranca, who is 43years old and has an 11year old daughter, Annie,  with the footballer said he's not 35, but 39 going on 40.  The Italian hairdresser (pictured above with her daughter) told The Sun UK today "I think Samuel is not 35 he is more 39. Samuel was born in 1974 and so that makes him 39 now.' She claims she was informed of Eto'o's true age when they were dating by a friend who grew up with Eto'o in Cameroon. According to his passport, Eto'o was born in 1981.  #Footballagethi...