President Goodluck eating apple Friday control associate degree emergency meeting with Service Chiefs over the latest Boko Haram’s attacks in Bama, Borno State and alternative security problems within the country.

Before decorating the forty eight new promoted Major Generals within the Army, Navy and Air Force yesterday, he attended the meeting with the Service Chiefs and therefore the military officer of Police, Muhammed Abubakar at the Command Officers’ Mess, Asokoro Abuja.

He noted that the state was browsing making an attempt times and demanded all hands to air deck so as to make sure the protection of lives and property within the country.

The President charged the new promoted officers to travel the additional mile to justify their new positions.

He said: “It could be a terribly difficult moment. I keep in mind once I came in, I had a gathering with the Service Chiefs and military officer of Police as a result of what happened in Bama . it's a really difficult amount during this country and that we expected, as we are saying that people who a lot of is given, a lot of is predicted.”

“For those of you United Nations agency are thus adorned as full two-star Generals, we have a tendency to expect that you just can bring your expertise connected. we have a tendency to should work along as a team to form certain that the defense force square measure ready to shield lives and property of Nigerians. If we have a tendency to cannot try this, the name of the country can still go down.

“A range of problems square measure being raised within the media, there's such a lot of challenge within the Armed a Forces and alternative security agencies within the country. All people jointly should get on my feet for our own responsibilities and go the additional mile to ascertain that as a nation, we have a tendency to overcome these challenges,” he noted

“It isn't simple to wear 2 stars. it's nearly the terminal position within the defense force. the other one is by the grace of God. To be thus adorned as a two-star General, you need to have more responsible storms, endured many winters. Your spouse should have conjointly been well baked to survive this era.” He said

Borno barracks raid by gun men on weekday, spraying shot on the troops within before torching the compound, the military and residents told fetoprotein.

The military has reportedly deployed fighter jets and army in pursuit of the gunmen, plausible to be Boko Haram members, United Nations agency have killed thousands within the region throughout a four-year revolt.

“There was associate attack on the military barracks in (the town) of Bama this morning,” aforesaid Mohammed Dole, army spokesperson in Borno State.

He declined to treat details provided by many Bama residents United Nations agency aforesaid dozens, or maybe even a whole lot, of insurgents swarmed the barracks during a convoy of 4X4 trucks, armed with assault rifles, explosives and rocket-propelled-grenades.

“It started at around 3 within the morning with vast explosions and also the cracking of shot,” aforesaid Bama resident Abdullahi Idris. “Later we tend to saw plumes of smoke and hearth from the barracks.”

Bama has become a flashpoint within the insurgence and also the scene of many daring Muhammedan attacks. one in every of the Muhammedan rebels’ largest-ever strikes targeted the military in Bama in June.

According to Idris and different residents, military jets flew over the city when the attack.

The nearest air force base is in Borno’s capital metropolis, roughly seventy kilometres (44 miles) from Bama.

“A giant section of the barracks” had been destroyed by hearth, aforesaid another resident United Nations agency asked for namelessness however known himself as a member of the unpaid worker force that has been fashioned in Borno to fight the Islamists.

He told fetoprotein that fighter jets born bombs on the attackers, forcing them to break away.

Residents and Dole offered no estimates of casualties.

The centralized yesterday conferred 2014 Federal Government budget proposal of N4.6 trillion for the 2014 financial year to the National Assembly. The projected budget christened ‘Budget for Job Creation and Growth’ represents N100 billion reduction from the N4.7 trillion that was budgeted for this year.

Capital expenditure is projected at N1.1 trillion representing twenty seven.29 per cent, down from thirty one.9 per cent within the current year. The reduction in cost was attributed to hyperbolic allocation to pension and high wage bill. The N4.6 trillion expenditure is to be supported from budgeted revenue of N3.37 billion, whereas the balance can return from N571 billion debt.

BUDGET 2014: Minister of Finance and Co-ordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala giving birth the 2014 Budget Proposal before the Senate in capital of Nigeria, yesterday. Photo: NAN.

The budget is predicated on  oil value of  $77.5 per barrel and crude production of a pair of.38 million barrels per day(bpd) with a median rate of exchange of  N160 per dollar.

The budget was conferred by  the Minister of Finance and Co-ordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala United Nations agency painted President dessert apple. although she didn't clarify of the budget and therefore the quantity for the continual expenditure, highlights of the projected budget were but later free by the Ministry of Finance.

Speaking to Journalists once  presenting the budget, Dr. Okonjo-Iweala aforementioned that the mixture expenditure of N4.6 trillion excludes the grant Reinvestment Expenditure Programme, SURE-P.

She said, “I felt terribly privileged, it’s associate honour that man.  President has asked Maine to hold out this task in conjunction with my colleagues within the cupboard, and in fact, the Director General of the Budget workplace supported Maine to do this nice honour.

“This budget is that the take into account Job Creation and Inclusive Growth, which means that it’s a budget which is able to continue the President’s transformation agenda for many sectors of the economy. The budget goes to support the push in agriculture.

“It can kick-start the housing sector wherever we tend to will produce a lot of jobs, it's designed for  our policies that might support producing as a result of jobs would be created there. Industries can conjointly be created in solid minerals sector. of these support can still be unleashed.  Job creation is that the key to actually solving the issues of the Nigerian economy.

“Aggregate expenditure excluding positive – P funds  is concerning N4.6 trillion and the revenue is concerning N3.73 trillion.  The capital is concerning N1.1 trillion and makes up concerning twenty seven % of the budget, the balance in fact is that the continual, and it's concerning seventy two % of the budget.”

The Minister explained that the identifying feature between the 2013 budget which of the 2014 budget was the main target the govt had in continuation of the 2013 budget particularly on the world of job creation for the youths and secure that the govt wasn't about to soften in pushing forward.

She said, “All the programmes that make jobs area unit okay supported, the positive -P is additionally a part of it, community services programmes would be pushed, the You-Win programme would be pushed.”

The Minister more aforementioned that the govt would pursue smartly infrastructural development.

“The infrastructure development is an element of it, the Hon Minister of Transport is here, we've got been functioning on rail development. Ministry of Niger Delta is additionally a part of the infrastructure development, Water resources, FCT development so on.

“We have privatised power however we'll be functioning on the transmission to direct resources there. The identifying issue is that it’s a continuation of what we've got done before however with a lot of stress on very pushing out jobs and conjointly supporting safety nets which will more distribute financial gain to poor individuals within the country.”

HIGHLIGHTS:

Baseline Assumptions

Baseline Assumptions
*Benchmark Oil Price: $77.5pb
*Budgeted Oil Production: a pair of.3883mbpd
*Average Exchange Rate: N160/$, same as in 2013
*Real GDP Growth Rate: six.75%

Revenue Projections
*Gross Federally Collectible Revenue: N10.88 trillion
*Gross Federally Collectible Oil & Gas Revenue: N7.16 trillion
*Total deductions, together with price of crude production, grant payments, and domestic gas development is N2.15 trillion, same as in 2013.
*Subsidy payments were maintained at the 2013 level of N971.1 billion.
*Gross Federally Collectible Non-Oil Revenue: N3.29 trillion
*FGN Budget Revenue: N3.73 trillion

Expenditure Projections
*Aggregate Expenditure (Net of SURE-P): N4.642 trillion
*Aggregate Expenditure (Inclusive of SURE-P): N4.910 trillion
*Statutory Transfers: N399.7 billion
*INEC’s expenditure is to extend from the N32 billion provisioned in 2013 to N45 billion. this can be to change the Commission intensify preparations towards the 2014 elections.

*National Assembly’s allocation is to be maintained at the 2013 level of N150 billion.
*The provision for debt service is N712 billionfrom the 2013 level of N591.8 billion.
*Recurrent (non-debt) Spending: N2.43 trillionfrom N2.80 trillion in 2013
*Personnel price hyperbolic slightly from the 2013 change Budget provision of N1.718 trillion to N1.723 trillionfor 2014.
*Capital Expenditure: N1.100 trillion
lShare of Capital in total Expenditure: twenty seven.29%down from thirty one.9% in 2013 reflective the hyperbolic allocation to pension likewise as high wage bill
*Share of continual in total Spending: seventy two.71%
*Provision for SURE-P: N268.37 billion

Fiscal Balance
*Fiscal Deficit: N911.96 billion
*Fiscal Deficit as share of GDP: one.90
*New Borrowing Requirement: N571 billion, a decrease from N577 billion in 2013

Victor Jacob who is  22 year-old has been sentenced to 12 months imprisonment for stealing seven bags of palm kernel fruits worth N7, 500.

Jacob pleaded guilty to the crime committed on November 16th at Obaretin village in Ikpoba-Okha Local Government Area of Edo State.

Jacob was sentenced by an Ikpoba-Okha Area Customary court presided over by Princess Esther Eweka.

Princess Eweka in delivering judgment said the plea of guilt entered by Jacob was enough to put him behind bars and however gave an option of N10, 000 fine.

Manhandled journalists who converged to get details about the union National Executive Committee meeting at the university, which held at Federal University of Technology Minna branch

But the journalists were later allowed in after the intervention of Mrs. Lydia Legbo, the university’s chief information officer,

Problems started when a member of the local organising committee in the institution came out, warning that the safety of the journalists were not secured. 

The refusal of journalists to leave the premises and confirm social and international media reports that the union has called off the strike did not go down well with the branch chairman who resorted to name calling and hurling insults on them.

 He claimed that the presence of journalists “was not needed.”

At the time of filing this report, a source within the meeting said they were yet to take a decision on whether to suspend the strike or not.

denied bleaching his skin and said anyone who says he's bleaching is very stupid.

During the interview, a Punch reporter asked him, 'Is it part of your own fashion to bleach?'

 Chief Adebayo Alao-Akala  replied...

    Bleach? That is stupidity; you are asking a very stupid question, how can I bleach? You are very stupid to ask that question. What do you mean by that? What gave you that impression?

    (He pulled up his clothe and singlet to show his fair complexion.)  Is this bleaching? Have you seen the cream that I use that makes me bleach or did you know me when I was black? So if you want to write that, put it there that I said you are very stupid to ask me that kind of question. Don’t ask that kind of question again. What you don’t know; you ask. You don’t even know my parents. Is my wife complaining or my children? I don’t know what gave anybody the impression that I bleach. You don’t know me; do you know what it takes to bleach?