FG Declares Friday May 29th Public Holiday
Tuesday 26 May 2015
Monday 25 May 2015
GTB To Start Closing 1pm Because Of Fuel Scarcity
The current scarcity of fuel in the nation may have ditched Nigeria in serious mess than we think. Earlier during the weekend, it was the telcos, schools and radio stations but now, it is the Banks, especially Gurantee Trust Bank(GTB).
Below is a copy of the message sent to their customers nationwide.
Notice of Early Closure of Branches
The current shortage of petroleum products in the country has limited our ability to supply diesel to all our branches, in order to continue normal branch operations.
Due to this, we unavoidably have to close our branches nationwide at 1pm, from tomorrow Monday, 25th May 2015.
Whilst we have had to take this step to close branch operations early, we would like to seek your understanding at this time, and assure you that we will continue to work hard at finding alternative solutions to this situation and will advise you once the situation has abated.
However, all our alternative channels will be fully functional and available for all your Personal and Business Banking
Sunday 24 May 2015
Fuel Subsidy: Okonjo-Iweala Vows Not To Pay Oil Marketers
The federal government is spoiling for a fresh showdown with oil importers over subsidy payment.
This is coming as there is no end in sight yet for the current face off between the two sides that has grounded the nation for several days now.
Finance Minister Ngozi Okonjo-Iweala yesterday accused them of submitting to government suspicious payment claims to the tune of N159billion in exchange rate differentials.
The payment claims, according to her, reeked of fraud.
She told reporters at a farewell meeting in Abuja that she would not approve payment of the claims unless verified by the relevant authorities.
“Marketers were asking for N159 billion for exchange rate differentials from the outstanding N200 billion. There has been so much fraud and scam so I have refused to sign for that money but have agreed that a committee be set up involving the Central Bank of Nigeria (CBN) to verify marketers’ claims,” she said.
”Marketers just want to make Nigerians suffer,” she added.
The minister also slammed the marketers for allegedly blackmailing Nigerians and asked the people to resist.
Insisting that the current fuel scarcity has nothing to do with paying the marketers, she said: “They are making a lot of money from black market activities, people should rise up against the blackmail of oil marketers.
“I will not pay the N159 billion without verification, Nigerians should not allow themselves to be blackmailed.”
The minister said there was something curious about the supply of and payment for Premium Motor Spirit (PMS).
“In a year where so much effort has been made to pay marketers including prioritizing their payment as subsidy claims in favour of other financial obligation like paying contractors, yet fuel scarcity still persists at this particular point in time suggests that something suspicious is happening.”
She responded to the claim by Vice President-elect, Prof. Yemi Osinbajo, that the Jonathan administration will be leaving a $60 billion debt burden for the in-coming government.
She said that Nigeria’s total debt indeed stands at $63.7 billion but it is the totality of all the debts incurred by successive governments since 1960.
“No $60 billion was accumulated under the Jonathan administration,” she said.
She added: “Current debt stock includes both federal and state governments debts made up of $9.7 billion external debt or 15 per cent of total debt stock and $54 billion or 85 per cent domestic debt stock.
“Nigeria is still repaying the multilateral loans it collected on concessionary terms with as long as 40 years maturity periods.”
The breakdown of the accumulated domestic stock is $18.575 billion outstanding by 2007, $17.3 billion accumulated between 2008 and 2011 and $18 billion accumulated between 2012 and 2015.
“This is so because of something that happened in 2010 because of the salary increment under Yar’Adua administration which increased civil servants salaries by 53 per cent.
“Those bonds have been rolled over and government had to weather the difficulties because resources to fund such increase were not there,” she said.
She described Nigeria’s debt to GDP ratio as one of the lowest in the world.
On the domestic debt stock, she said 20 per cent is owed by state governments with Lagos state having an external debt burden of N1.169 trillion while the balance of 80 per cent belongs to the federal government.
Reviewing her tenure, Okonjo-Iweala said she has no regrets in serving the country and declared that anyone called upon to serve Nigeria should consider it a privilege.
“Some people criticise from afar but some came home in spite of challenges to serve,” she said.
She faulted suggestions that the economy was mismanaged, saying: “The economy is reacting to the forces of demand and supply but there is hope for the country. Only that people will have to make sacrifices.
“The out-going government, she said, achieved a lot but she lamented that “there are very serious attempts to rewrite history.”
Meanwhile, there is still no respite for motorists and commuters across the country as the fuel scarcity persisted yesterday.
Most filling stations remained shut and only a few managed to sell but at exorbitant prices.
On the other hand black markets continue to thrive with operators charging as much as N350 per litre in parts of Lagos.
Source
2015/2016 NNPC/Chevron JV National University Scholarship Awards
2015/2016 NNPC/CHEVRON JV NATIONAL UNIVERSITY SCHOLARSHIP AWARDS
Chevron Nigeria Limited, in collaboration with its Joint Venture partner, the Nigerian National Petroleum Corporation (NNPC), is offering a number of University Scholarship Awards to suitably qualified Nigerian students.
Carefully read the Requirement/Eligibility, How To Apply and Frequently Asked Questions pages for more details
REQUIREMENTS/ELIGIBILITY
E-applications are invited from full-time SECOND YEAR (200 LEVEL) degree students of the under-listed courses, in Nigerian Universities:
1. Accountancy
2. Agricultural Engineering/Agricultural Science
3. Architecture
4. Business Administration/Economics
5. Chemical Engineering
6. Civil Engineering
7. Computer Science/Computer Engineering/System Engineering
8. Electrical/Electronic Engineering
9. Environmental Studies/Surveying
10. Geology/Geophysics
11. Law
12. Mass Communication/Journalism
13. Mechanical/Metallurgical & Materials Engineering
14. Human Medicine/Dentistry/Pharmacy
15. Petroleum Engineering
16. Mining Engineering
Please note that we will accept applications through this web site address only. Hard copies of any document submitted will not be processed. All interested students are advised to click on “How to Apply” tab to proceed.
In line with our e-scholarship administration system, selected students will be invited for computer-administered qualifying tests in selected examination centers nationwide. Short-listed candidates for the qualifying test will be invited by email and SMS text messages. All applicants are therefore advised to ensure that GSM telephone numbers and personal email addresses are properly entered into the e-forms on the web site.
QUALIFICATION PROCESS: Interested applicants should click on the "How To Apply" tab to proceed.
Deadline: Closing date for receipt of e-applications is strictly June 16, 2015.
ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED.
APPLICANTS ARE REQUIRED TO ENTER VALID PERSONAL BANK ACCOUNT DETAILS.
MULTIPLE APPLICATION LEADS TO AUTOMATIC DISQUALIFICATION.
HOW TO APPLY
Application is open to full-time SECOND YEAR (200 LEVEL) candidates only.
1. Before you start this application, ensure you have clear scanned copies of the following documents
Passport photograph with white background not more than 3 months old (450px by 450px not more than 200kb)
School ID card
Admission letter
Birth certificate
O' Level result
JAMB Result
2. Ensure the documents are named according to what they represent to avoid mixing up documents during upload
3. Ensure you attach the appropriate documents when asked to upload
‡To apply, follow the steps below:
2. Click on "Register Now" to create an account.
3. Proceed to your email box to activate your account
4. Click on http://scholastica.ng/schemes/cnlawards to return to Scholarship site
5. Enter your registered email and password to upload your information.
6. Enter your personal information, National Identification Number (if available), educational information, other information and upload required scanned documents.
7. Ensure the name used in applications matches the names on all documentation in same order. Upload a sworn affidavit or certificate if otherwise.
8. Ensure you view all documents after uploading, to eliminate errors during uploading.
9. When asked to upload photo, upload a pass-port photograph with a white background.
10. Recheck application information to avoid errors
11. Click "Apply Now" to submit information
12. You will receive an email and a sms that confirms your application was successful.
13. Return to www.scholastica.ng, enter your Email and Password to download your profile and proceed to have your Head of Department sign the document.
14. Upload a scanned copy of the signed profile, this would be used for verification.
15. If National Identification Number (NIN) number was not available in step 6, to obtain your National Identification Number (NIN)
Visit http://ninenrol.gov.ng to register and learn more about the National Identity Number
Click "Create Account" and fill in the required fields
Login with Email and Password to complete the form
After completion, schedule a date for photo and finger print capture
Visit any of the 37 capture centres http://www.nimc.gov.ng/?q=nin-registration-centres to complete the registration process and obtain your National Identity Number
You can also do your total registration at the NIMC office
16. Return to http://www.scholastica.ng/schemes/cnlawards and update application with National Identification Number (NIN) to ensure completion
Note: Multiple applications attract a disqualification penalty from the Scholarship board
Contact email: scholastica@dragnet-solutions.com
Phone number: 07088609791, 07011962033
For enquiries and complaints log on to www.scholastica.ng
Fuel Scarcity: MTN May Shut Down Services Across Nigeria
In an official statement released during the weekend by the leading telecommunications company in Nigeria, MTN, it has said the current fuel scarcity been experienced across the nation may lead to their services shutdown.
Below is the Release:
The management of MTN states that the current diesel scarcity in most parts of Nigeria is posing a significant threat to quality of service and the ability to optimally operate the network.
According to the Corporate Services Executive Akinwale Goodluck "Most of our base stations and switches are powered round-the-clock by Diesel Generators and the current fuel shortage has drastically reduced the availability of diesel supply to key locations".
MTN's available reserves of diesel are running low and the company must source for a significant quantity of diesel in the very near future to prevent a shut down of services across Nigeria. If diesel supplies are not received within the next 24 hours the network will be seriously degraded and customers will feel the impact.
MTN is working with all stakeholders to ensure services remain. MTN sincerely apologizes for any outages and inconvenience that may occur and seeks the understanding of customers at this time.
Management
Saturday 23 May 2015
Kidnapped OAU Lecturer Regains Freedom
In a report posted on Punch, the Chairman of the Academic Staff Union of Universities, OAU chapter, Dr Caleb Aborisade confirmed his release.
It will be recalled that Omisore was abducted on his way to a funeral ceremony at Oye Ekiti two Saturday ago.
Earthplus Essay Competition To Mark World Environment Day
Earthplus, a non-profit pro-environment organization established in Nigeria is pleased to announce its first essay competition to mark World Environment Day this year.
Topic
What would you do to preserve the environment?
Organizer
Earthplus
Prizes
First Prize: 10, 000 naira + student gets to be Earthplus environment ambassador for one year
Second Prize: 5,000 naira
Other Consolation Prizes including Earthplus branded materials for three runners-up.
Deadline
2 June2015
The competition is open to Nigerian attending a Nigerian University or higher institution of learning.
The Deadline for submissions is 23:59 GMT+1 on 2nd June2015. Winners will be announced on World Environment Day June 5 2015. No submission would be accepted after the deadline
To enter the competition, first like Earthplus page www.facebook.com/earthplusafrica/
The essay should be between 300- 500 words and must be sent as a word document.
Send your essays as attachments to earthplusafrica@gmail.com with Subject heading ‘Earthplus Essay Competition’ Your name, Address, Phone number and name of your University or Higher institution must be written in the body of the mail and not in the body of the essay. Do not forget to share the competition on your social media handles as well.
The competition will be judged by seasoned environmentalists, writers and journalists. The decision of the judges is final and cannot be appealed.
Inquiries
Send your questions to earthplusafrica@gmail.com
Source
