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Investment Forum

Who Owns Your Salary?

By AMADASUN ESE
If you are a employee like I am, then you probably look forward to the end of the month when you’ll get paid your salary. Depending on where you work, what you do and what post you occupy, your salary will vary from several thousands to several hundreds of thousands and possibly several millions. Yeah, some are that lucky, but everyone still falls into the same category.
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International

“Big Bang” Experiment Starts Well

 

GENEVA - The world’s largest particle collider successfully completed its first major test by firing a beam of protons around a 17-mile underground ring Wednesday in what scientists hope is the next great step to understanding the makeup of the universe.

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N.Korea Officials Deny Leader Kim Is Ill

SEOUL - North Korea denied Wednesday that leader Kim Jong Il is seriously ill, granting a foreign news outlet rare interviews with top officials who dismissed reports questioning Kim’s health following his absence from a key ceremony.

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Britain, Germany, Spain To Fall Into Recession

BRUSSELS - European economic heavyweights Britain, Germany and Spain are headed for recession this year, the European Commission forecast on Wednesday.

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Israeli Minister Says It’s Okay To Kidnap Iran President

JERUSALEM - An Israeli Cabinet minister and one time spy who helped kidnap Nazi mastermind Adolf Eichmann and bring him to trial thinks the same tactic could be used on Iranian President Mahmoud Ahmadinejad.
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UN To Suspend Food Aid In Darfur

DARFUR-The UN’s World Food Programme says it will halt food aid distribution in parts of Darfur unless the security situation improves.
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‘Vote-Rigging’ Mars Angola Poll

LUANDA-An EU observer has told the BBC there was vote-rigging in Angola, where the ruling MPLA is expected to win a landslide election victory.

 

 

EDSG presents N12.3b supplementary budget

By THOMPSON ERHOMONSELE

BENIN CITY- Edo State Executive Council yesterday approved a supplementary budget of N12,349.245 billion which is to be presented to the State House of Assembly.

Rivers Speaker queries 13% derivation fund

By ANDY EGBON

PORT HARCOURT - Speaker, River State House of Assembly, Hon. Tonye Harry on Tuesday made a startling revelation that only about seven percent of crude-oil derivation fund is being released to oil producing states as derivation fund contrary to the widely speculated 13 percent .

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FG creates Ministry of Niger-Delta

ABUJA - The Federal Government yesterday rationalised and restructured its ministries as part of efforts to fast-track and coordinate the implementation of its seven-point Agenda.

Edo laments unfulfilled promises

By ANDY EGBON

PORT-HARCOUT - Edo State government on Tuesday recounted tales of unfulfilled promises made to it by the federal government over the years.


Poor performance of Super Eagles:Senate indicts Minister of Sports

By JOSES SEDE

ABUJA - Senate probe panel on poor performance of the Super Eagles at the Ghana 2008 Cup of Nations has indicted the Minister of Sports, Mr. Abdulrahman Gimba and the national chairman of the Nigeria Football Association, Mr. Sani Lulu for their hal-fhearted handling of the team at the African soccer competition.,

Abandoned flood control project EDHA Committee meets contractor

By FRIDAY OBANOR

 

BENIN CITY - The Ad-hoc Committee set up by the Edo State House of Assembly to investigate the abandonment of the N1.146 billion Flood Control Projects in Siluko Road and Uzebu quarters, all in Benin City, yesterday, met with the contractor handling the projects.


EDHA directs NNPC to replace pipelines

By FRIDAY OBANOR

BENIN CITY - Edo State House of Assembly has adopted a consequential motion calling on the management of the Nigerian National Petroleum Corporation (NNPC) and its subsidiaries, to immediately commence the replacement of transmission pipe lines that run across the length and breath of the state.
Other News
Inside Edo

Be ambassadors, Observer Editor urges Corp members

Afenmai Forum seeks peace amongst feuding communities

Ikpoba-Okha LG boss charges youths

17TH EDO ANNUAL CONVENTION: Edo State Governor, Prof. Oserheimen Osunbor flanked by his wife, Lady Ussieh Osunbor (right) and the wife of the state Deputy Governor, Mrs. Linda Imasuen (left) during the 17th Edo Annual Covnention organised by Edos in Diaspora recently in Denver, Massachusetts, USA.Photo: DAN AIGBAVBOA, Chief Press Secretary to Edo State Governor.


RATTAWU commends Governor Osunbor

By EUBALDUS ENAHORO
BENIN CITY - The Governor of Edo State, Prof. Oserheimen Osunbor has been described as an administration with a listening ear, always interested in improving all segments of the society.

Edo PDP pub scribe hails appointment of new SGF

By SOLOMON ASOWATA
BENIN CITY - The Peoples Democratic Party (PDP), Edo State Chapter, has commended President Umaru Musa Yar'Adua for his recent appointment of Alhaji Mahmud Yayale Ahmed as the Secretary to the Government of the Federation (SGF).

LAGOS - Leading mobile phone Company in Africa and the Middle East, Zain, is finalising several acquisition deals in Africa, its chief executive for the continent, Chris Gabriel has said.


Ecobank Nigeria To Benefit From ETI Offer -Aboderin

LAGOS: Ecobank Nigeria Plc, will at the long run be the greatest beneficiary of the on-going Public offer and Rights Issue of Ecobank Transnational Incoporated (ETI), its parent company.

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Ekiti To Resuscitate Moribund Industries

DO-EKITI - Ekiti State government has commenced the resuscitation of the state owned moribund Ekunderi Milk processing firm.

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WEMA Bank Gets New Acting MD

LAGOS - Mr. Mahmoud Lai Alabi, who was last week appointed the Acting Group Managing Director/Chief Executive Officer of Wema Bank by the Central Bank of Nigeria (CBN), has formally assuumed office at the Bank’s head office in Lagos.
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Lucky Fibre Ready For Stock Market

LAGOS - Lucky Fibres Nigeria Plc, makers of Noel carpets and Rugs has concluded plans to raise from the capital market N8.3 billion to enhance its operations.
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Shoprite Eyes 50 New Stores

Katsina - The Katsina State Government has spent N107 million on the establishment of 48 paint and chalk cottage industries in the state.
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Institute To Enforce Regulation On Printing

Lagos - The Chartered Institute of Professional Printers (CIPPON) says it would soon put in place a law to enforce the regulation of printing in Nigeria. The President of the institute, Mr. Muhammad Lawal, stated this in Lagos at an interactive session with printers.

Labour

Collective Bargaining As Solution To Industrial Disputes

By CHINYERE ELELE(NAN)

Labour movements, the world over, aim at addressing the needs of the working class, while employers of labour are primarily concerned with maximising profits.

 

For The Record

My Mission As Governor, Is To Rescue Edo State - Osunbor

 

Address By His Excellency, Senator (Prof.) Oserheimen Aigberaodion Osunbor, The Executive Governor Of Edo State, At The 17th Annual Convention Of Edo National Association of USA And Canada, On Saturday, 30th August, 2008.

Editorial

Lassa Fever Control In Edo:
Need For Govt Assistance

THE Lassa Fever scourge which has killed quite a number of health workers, including nurses and doctors involved in the management and care of patients in hospital settings, berthed at Ihunmudumu, Ekpoma, when it claimed five lives in a family in 1989.

Nigerian Observer Poll
Should President Yar'Adua resign considering his present health condition?

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OKUTA (LAST -O-)
UTILISE YOUR GOD GIVEN POTENTIALS
- Ibru tasks women
 

 


Haba! How them go still utilise am? so teeey, women, big and small dey use trouser dey bring out their God-given potentials for back and front, nowadays.