FG begins privatisation of 10 power plants The Federal Government is to privatise the 10 independent power plants built by the Niger Delta Power Holding Company (NDPHC) under the National Integrated Power Project (NIPP).Mr James Olotu, Managing Director, NDPHC, made this known at an interactive session with journalists in Lagos. The News Agency of Nigeria (NAN) reports that the power plants are: Omotoso in Ondo State (450MW), Sapele in Delta (450MW), Geregu in Kogi (434MW), Olorunsogo in Ogun (750MW) and Ihovbor in Edo (450MW). Others are Gbarain in Bayelsa (225MW), Alaoji in Abia (450MW), Calabar in Cross River (561MW), Egbema in Imo (338MW) and Omoku in Rivers (225MW). Olotu explained that a road show to indicate the commencement of the exercise would start in Lagos from Tuesday, June 4 to June 5 with 40 investors. He said that the road show would be extended to United Kingdom, United States and Hong Kong. The NDPHC boss confirmed that six of the plant
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Don Jazzy’s largesse triggers debate June 3, 2013 by Temitayo Famutimi Don Jazzy’s largesse triggers debate | credits: File copy Award-winning music producer, singer and songwriter, Don Jazzy, may be on his way to outshining Wizkid and his erstwhile partner at Mo’hits Records, D’Banj, on Twitter by doling out the sum of N100,000 to a fan at the weekend. The money is meant to be a reward to the fan, whose handle is @Bmillions1, for retweeting one of Don Jazzy’s tweets. Although Don Jazzy has about 479,045 followers on Twitter, he is currently trailing behind Wizkid (610, 743) and D’Banj ( 537, 239) on the social network. Don Jazzy is the Chief Executive Officer, founder and resident producer of Mavin Records, a label he floated after splitting with D’ Banj. He updated his handle on Twitter at about 1.37 pm on Saturday, with a tweet containing only a single dot (.) and no other message. Many of his followers may have classified
Dangote, Africa’s first $20bn man —Forbes June 4, 2013 by Akinpelu Dada President, Dangote Group, Alhaji Aliko Dangote The President/Chief Executive of the pan-African conglomerate, the Dangote Group, Aliko Dangote, has become the first African entrepreneur to lay claim to a $20bn fortune, thus becoming one of the 25 richest men in the world. This is on account of the stock value of his largest holding, Dangote Cement, leaping about three-fourths since March when Forbes released its annual ranking of the world’s richest people. Dangote’s 93 per cent stake in the cement company is now worth $19.5bn, according to the magazine. Dangote Cement becomes the first Nigerian company to achieve a market capitalisation of over $20bn. Added to this are his controlling stakes in other publicly-listed companies like Dangote Sugar and National Salt Company of Nigeria, and his significant shareholdings in other blue-chip companies like Zenith Bank
Keeping it in the heart.
FEELINGS Feeling can not therefore be relied on in the matter of faith; Faith is a pure belief, a confiding trust in the promise of God, irrespective of feeling. This perfect trust enables one to surmount difficulties under the most trying circumstances, even when the feeling are depressed or well-nigh crushed. ONE AT A TIME Many try to embrace too much at one time; they take on the burdens of tomorrow or next week when the Lord supplies strength only for TODAY. Deut 33:25 "As thy days so shall thy strength be" There’s never a night but it’s followed by day And the darkest to dawn must give place There’s a sorrow that cross our way But is sent with a message of grace CONTENTMENT Fortify yourself with contentment, for this is an impregnable fortress. THE WORD VS THE OPPOSITE There are those who take a gloom as a bat to darkness or as a vulture to carrion. They would rather nurse a misery than cherish a joy. They always find the dark side of everything, if there is a dark side