Posts

Oboabona completes move to Rizespor

Image
BY: FUNMI OJUROYE Nigeria international, Godfrey Oboabona, has sealed a much-awaited switch from Sunshine Stars to Turkish club, Caykur Rizespor on Thursday. Oboabona agreed to a four-year deal with the Turkish Super Lig outfit on Wednesday, passed his medicals on same day and signed on Thursday. "Godfrey has officially joined Rizespor of Turkey this (Thursday) morning," confirmed Mike Idoko, who coordinates the affairs of Sunshine Stars as executive director of the Ondo State Football Agency. "He underwent his medicals yesterday (Wednesday) and he officially signed today (Thursday). We are happy he has made a good choice for the development of his career where he will have regular football time. We, at Sunshine Star, wish him the best and thank him for being a loyal employee of our club all through his time with us." But Idoko did not disclose the transfer fee involved to supersport.com though reports suggest that Oboabona's sale must have raked in arou...

Arsenal Left Sweating On Koscielny Head Injury

Image
BY: FUNMI OJUROYE Arsene Wenger has admitted that he is unsure about how severe the head wound is sustained by Laurent Koscielny. The French international centre back received a boot to the head from Pierre Webo in Wednesday night’s 3-0 Champions League victory over Fenerbahce and required hospital treatment for the problem area. The Arsenal boss admitted he had to find out more before commenting on how long the 27 year old will be sidelined for. Wenger told  Sky Sports 1  : “He’s at hospital at the moment. We have to check that there’s no bone broken,”. “He opened the skull but it’s very deep, it’s very very deep.” However after the match, Arsenal striker Olivier Giroud posted the photo below stating “He’s ok no worries HE WILL BE BAAACK!”

Shell, Chevron, others declare $38.76bn dividend

Image
BY: FUNMI OJUROYE Nigerians were once again the losers, as six international oil companies — Royal Dutch Shell, ConocoPhilips, Chevron, Total, Eni and ExxonMobil — paid their shareholders a dividend of $38.76 billion (N6.201 trillion) in 2013. The dividends were for the 2012 financial year, which was approved by their respective shareholders a couple of weeks ago. The dividends declared by the six oil majors represent about 52.93 per cent of the Nigerian Stock Exchange’s, NSE, market capitalization of N11.714 trillion. The market capitalization of the NSE is the total market value of all the companies listed on the stock exchange. Last year, Nigerians also missed out from the over $30.82 billion or N4.87 trillion cumulative dividends declared by five IOCs in their home countries, following their refusal to list their shares on the NSE. The five oil majors operating in Nigeria – Shell, Chevron, ConocoPhilips, Statoil, and Eni, had declared a cumulative dividend of $30.82 bill...

Egypt: Court Frees Mubarak

Image
BY:FUNMI OJUROYE An Egyptian court has ordered the release of former President Hosni Mubarak on charges of corruption. But it is not clear whether he will be freed from prison later on Wednesday. The prosecution may still appeal. The 85-year-old is also being retried on charges of complicity in the killing of protesters during the uprising that forced him from power in 2011, reports the BBC. He was sentenced to life in jail last year, but a retrial was later ordered after his appeal was upheld.

CONFLICTS IN NORTHERN NIGERIA (5): 13 years of civil rule in perspective

Image
BY: FUNMI OJUROYE Akinlade, M. T. in this concluding part notes that the level at which violence is rocking northern Nigeria suggests that all is not well with the country. THE level at which violent conflicts ravage northern Nigeria today is a manifestation of the fact that, all is not well with the country as all the three geo-political zones in the region are affected. Meanwhile, all hope is not lost on peaceful co-existence of northern residents irrespective of social, political and economic status and place of origin as well as tribe/region as they can forgive themselves and put their differences aside as Blacks and Whites did in South Africa as well as Hutus and Tutsis in Rwanda and Burundi did. Government has to take the lead in this process, if result is to be quickly achieved. Recommendations:  It is clear from the above that, the attainment of peace in northern Nigeria is a project that must be consciously and vigorously pursued. Meanwhile, the recipe for the...

Nigeria’s education, a legacy destroyed

Image
BY: FUNMI OJUROYE Omoti Barry, Ketu, Lagos State, +23470524017: It is very painful that most of our leaders who happened to have benefitted from government  scholarship and were all educated in conducive school environment are the ones now destroying educational system in Nigeria. None of them is free of this blame because members of the military,  who travelled around the world  for training and various degrees were the very ones that started it while it was consolidated by our civilian leaders. How can we explain a situation whereby every year, we allow our tertiary institutions to be shut down without minding the consequences for the nation’s development.  It is not surprising that today, the nation’s universities are producing half-baked graduates, whose only ambition after school is to loot the nation’s resources.

Nigeria needs $1bn annually to address environmental challenges

Image
BY: FUNMI OJUROYE Nigeria needs a minimum of one billion dollars annually to implement an integrated plan to address environmental challenges in the country, a professor of Climatology, Emmanuel Oladipo, has said. Oladipo Abuja on Tuesday said that Nigeria needed to be consistent in tackling environmental problems by investing adequate funds in the sector. He expressed regret that Nigeria had not been able to come up with an approved national integrated plan of action for management of the environment. According to him, all kinds of programmes and projects across the country need to be situated in a coherent manner to get the desired results. He underscored the need to identify the environmental problems and map out strategies to address them.   In addition, he urged the three tiers of government to allocate adequate funds to solve these problems. “ If we want to solve them, we need a minimum of one billion dollars every year for the next 10 or 15 years to tackle these prob...