Nigeria Struggles To Solve Falling Oil Price Problem

January 18, 2015 Falling oil prices may be making consumers smile at the gas pump, but policymakers in Nigeria are frowning. The sector accounts for 75 percent of government revenues and 95 percent of the nation’s exports, so falling prices mean falling income and a declining trade balance. “Everything rests on the oil price,” Angus Downie, […]

Nigeria Announced It Will Boost Power Grid With 220 Megawatts

January 28, 2015 Nigeria’s power sector is getting a much needed boost. The Minister of Power, Prof. Chinedu Nebo, announced that 220 megawatts of power would soon be added to the Egbin thermal station, Lagos. “What we have added newly to this plant is so huge that it is the President himself that can tell […]

12 Things You Didn’t Know About Africa’s Moon Mission

January 28, 2015 A ground-breaking project is under way to send an African rocket to the moon — if the needed funds can be raised. Though the project seems far from reaching its monetary mark, the interest and commitment in the mission from project organizers and outside supporters is immense. Here are 12 things you didn’t know about African’s […]

Is Investment In Green Energy The Future Of Africa?

January 28, 2015 For many Americans, green energy might seem costly, difficult, and not incredibly attractive from a financial perspective. Consider, for example, solar panels. Are they a necessity or a luxury? “I think what people don’t realize now is that renewables have become very cost-effective,” Margo Buchanan, specialist consultant in the power sector for […]

Hunted down like animals and sold by their own families for £50,000

January 28, 2015 Tanzania’s albinos hacked apart by witchdoctors who believe their body parts ‘bring luck’ in sick trade ‘fuelled by the country’s elite’ WARNING GRAPHIC CONTENT  Tanzania has the highest number of killings and attacks in Africa Trade in body parts driven by belief albinos bring luck and wealth    Witchdoctors turning bodies worth thousands […]

Petrol subsidy rises to N3.64 per litre

January 27, 2015 A week after the Federal Government announced the reduction of the pump price of petrol, subsidy on the product has increased to N3.64 from the N2.84 stated on January 16, 2015, statistics obtained from the Petroleum Products Pricing Regulatory Agency have shown. The PPPRA, whose website is now wearing a new look […]

DÉJÀ VU – CLAIMS OF HIV CURES AND RE-TREADING OLD GROUND

A few days ago while in Abuja, I was surprised to hear the news presenter announce that a Federal High Court had “lifted the ban” on Dr Abalaka’s “vaccine” against HIV. The presenter went on to say that, although the vaccine had been approved by influential international bodies more than a decade ago, the then […]