From Isaac Anumihe, Abuja
Former United States President Jimmy Carter has described Nigeria’s former president Dr. Goodluck Ebele Jonathan, as a symbol of democracy on the African continent.
Carter, the 39th US President, said this when he received Jonathan yesterday at the Jimmy Carter Presidential Library and Museum located at the Carter Centre in Atlanta.
In a statement, the two former presidents held a fruitful meeting at the carter Centre where they held wide-ranging discussion on global issues and shared views on how to promote peace, democracy and good governance in Africa and the world.
Speaking on Jonathan’s time in office, Carter said: “President Jonathan is the symbol of democracy in action. You set an example that other African leaders should follow.”
The former American president further praised Jonathan for organising a transparent election and easily conceded defeat by handing over to the opposition, stressing that by doing so, Jonathan showed his deep democratic commitment.
In his remarks, Jonathan stated that his actions while in office were informed by his belief in a peaceful, transparent and people-oriented governance, adding that Africa can only move forward through democracy and good governance. Read More →
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MTN Group Ltd. said Chief Executive Officer Sifiso Dabengwa resigned from Africa’s biggest mobile-phone company following a $5.2 billion fine by Nigerian regulators related to unregistered subscribers, according to a Bloomberg report.
Non-Executive Chairman Phuthuma Nhleko has agreed to act as executive chairman for a maximum period of six months while the company identifies a successor to Dabengwa, Johannesburg-based MTN said in a statement on Monday. Dabengwa resigned over the weekend after consultation with the board and his financial compensation hasn’t been resolved, spokesman Chris Maroleng said by phone. Read More →
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Accra – Ghana’s government has suspended seven out of 12 High Court judges in the wake of allegations of bribery, stemming from a documentary made by an investigative journalist.
The development followed a public outcry after the judges accepted bribe money through intermediaries, as shown in a three-hour film last month in Accra.
Ghana’s judiciary is revered for its efficacy and impartiality and seen as a bulwark of society that prides itself on its reputation as one of Africa’s most stable and peaceful democracies.
However, the documentary put Chief Justice Georgina Wood and other judicial leaders under pressure to show a forceful public response. Read More →
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By OLUSHOLA BELLO
Chairman of Dangote Cement, Aliko Dangote over the weekend reiterated his plea to the federal government to urgently consider the use of concrete roads in the country.
In a chat with newsmen over the weekend, the African richest man said, it will be to the benefit of Nigerians and even the federal government to embrace the option of using concrete for roads in the country. Aside from being very cheap, he said concrete roads are more durable and that its maintenance cost is near zero.
According to him; “We are pushing for Nigeria to do a concrete road. It is cheaper to do a concrete road that will last 50 years than to do a bitumen road. It will also help in eliminating corruption because if you go and build a bitumen road, it will have to be adequately maintained unlike a concrete road that is very durable.” Read More →
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President Muhammadu Buhari in Paris assured French investors of his administration’s commitment to provide a suitable business environment that would boost economic activities and create jobs for the youth.
News Agency of Nigeria (NAN) reports that Buhari gave the assurance at a gathering of investors at the France-Nigeria Business Forum held at the headquarters of the French Business Confederation in Paris.
President Buhari said his decision to approach headlong the issue of insecurity within the early days of his administration was to ensure the safety of all citizens and guarantee investment for both local and foreign investors. Read More →
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Abuja, By Chibuzo Ukaibe
The Peoples Democratic Party (PDP) has said Nigeria’s status as largest economy in Africa has declined since President Muhammadu Buhari-led All Progressives Congress (APC) assumed office in the last three months.
The party added that the shambolic state of the nation’s economy within the period, which represents the worst in the nation’s contemporary history, is a direct fallout of uncertainty created by the inability of the Buhari-led government to chart a clear-cut economic policy, which is worsened by abuse of regulations, and flagrant violation of constitutional provisions.
PDP National Publicity Secretary, Chief Olisa Metuh, in a statement on Saturday, added that instead of gains, official reports showed that the last three months under the APC-led government had witnessed a sudden decline in the nation’s Gross Domestic Product (GDP), with attendant losses and hardship to the citizens, while the government embarks on propaganda of imaginary achievements, in addition to attempts to foist harsh economic regime to cover its ineptitude.
“If not for crass incompetence or a possible ulterior motive to subjugate Nigerians for selfish reasons, what else explains the adamant stance of this administration in running a government without the statutory components of a full cabinet and precise fiscal policy direction, even when the negative consequences of this strange totalitarian approach are taking serious toll on the economy and the polity in general? Read More →
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Posted By: ROTIMI FADEYI
President Muhammadu Buhari yesterday said good character was important in entrepreneurship in order to provide the platform for the growth of business and development of the economy of any country.
Buhari spoke at the Tony Elumelu Entrepreneurship Programme, TEEP Boot Camp 2015 which held at the Covenant University, Ota, Ogun State,
Buhari, who was represented by Vice President Yemi Oshinbajo, said enterprises and societies thrive on the values of moral integrity, self discipline, hard work and innovation, respect for rule of law, and the prompt payment of taxes.
According to him, these values are the critical components for successful economies and countries anywhere
He stated that “self-discipline, the ability to serve and to invest as well as bearing losses are critical,” noting that discipline alone is not sufficient.
The President asserted that “the core of success in business is integrity, honesty and trust in the conduct of business,” adding that “credit worthiness is important in business, because when trust fails every other thing fails”. Osinbajo stressed that one cannot be a successful entrepreneur by cutting corners. Read More →
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