2Face Idibia rocks the Old School! Photos from “Baby Jowo” Remix Video Set with Sir Victor Olaiya | Video Directed by Kunle Afolayan

Just like he can be contemporary with his style, Nigerian music star, 2Face Idibia has shown he also knows how to rock the “old school” style and look good in it!  The artiste recently shot a video for the remix of “Baby Jowo” a classic song by the veteran artiste, Victor Olaiya at a location in Lagos. The video was directed by the award winning filmmaker, Kunle Afolayan who is making his debut with music videos. On Kunle Afolayan’s facebook page, he wrote “I just shot my first music video . See still pictures from the set of my first music video which features the Legend Dr Victor Olaiya and 2baba!. We had fun. Watch out.“ We are definitely watching out for this one! Check out some behind the scene photos:

LASG borrows to fund infrastructural projects – Fashola

Governor Babatunde Fashola Lagos State Governor Babatunde Fashola says the need to ensure infrastructural renewal and economic development is the reason his administration decided to borrow in order to fund such projects. Fashola also cleared the air on the uncertainty concerning the criteria for the specified 200cc motorcycle to ply Lagos roads as provided in the state Road Traffic Law. The governor spoke while on inspection with members of the state Executive Council to government’s projects in the Badagry area of the state on Thursday. He said his administration was investing huge resources on infrastructure that would determine the quality of not only the present, but also the future generation. He said the government could not fund the massive projects in the state by the meagre amount it gets from internally-generated revenue, hence the need to seek bulk funds from other sources. Fashola said, “You know that IGR will only give us about N300bn. “We get requests from various communities for roads and other infrastructure. “When we quantified these requests it was about N750bn, but we couldn’t generate such amount, that’s why we scaled down the budget to N495bn over and above what we can reasonably pursue. “But we have aspirations and are able to take on greater challenges and that, for me, is part of governance, being audacious and being forward thinking.” The governor faulted those castigating his government for its debt profile, saying that they were ignorant of the facts and intentions of his government. He described them as ‘uninformed voodoo economists’, saying the initial N50bn bond his administration took had been paid. “When we took the bond, many said we had mortgaged the state for 50 years, but we have paid that. The other that we took is due for repayment; the amount in the consolidated debt service account is about N62bn as of December 2012. The liability that we have is N50bn and is not due until 2014, by which time the amount in the debt service account will reduce.” He said the alarm usually triggered by debt profile should not be based on borrowing but by the ability of such government to pay back, saying the state had shown its capacity to pay back funds borrowed. On specification requirement for okada,  Fashola said, “When you have a 200cc motorcycle as your own form of transport, not public transportation, if you have that, you can ride on any road in Lagos, you don’t need any permission and you don’t need any exemption. “If you are running courier business, once you have a 200cc, you go to the motor registry, you license it, get your plate number, just as you will license any vehicle, that is all you need, at least for Lagos State Government.”

Appeal Court upholds Rev King’s death sentence

The Court of Appeal sitting in Lagos on Friday confirmed the death sentence slammed on Chukwuemeka Ezeugo (alias Rev. King) for killing a member of his church over six years ago. Details later. You may also like -

Benitez confused by Chelsea’s lack of killer instinct

Chelsea manager Rafa Benitez says the European champions must regain their killer touch if they are to apply any pressure on Premier League leaders Manchester United after a late collapse against Reading on Wednesday. Leading 2-0 with three minutes remaining, the London club allowed Adam Le Fondre to score twice for relegation-threatened Reading to leave Benitez and opposite number Brian McDermott at a loss to analyse what happened. “It’s difficult to explain, we were controlling the game for 85 minutes,” Benitez told the Chelsea website. “It’s not about blaming anyone but we need to analyse why we didn’t kill the game and why we made the mistakes, and then work on the training pitch,” added the Spaniard, in charge at the London club on an interim basis until the end of the season.

Nigeria Earns N22.2 Trillion from Oil Sector in Three Years

 Finance Minister, Dr. Ngozi Okonjo Iweala An independent audit report of financial flows into the Federation Account from operations in the oil and gas sector has revealed that a total of N22.165 trillion ($143.5 billion) was earned as revenue from the sector from 2009 to 2011. The audit, among others, revealed that the total accrual was four per cent short of the $148.8 billion earned by the country from the sector from 2006 to 2008. The oil and gas industry audit, which was commissioned by the Nigeria Extractive Industries Transparency Initiative (NEITI) in line with its mandate for the period 2009 to 2011, was Thursday presented to the public in Abuja. The audit, which was for the first time undertaken by an indigenous accounting and auditing firm, Sada Idris & Co, showed that proceeds from the sale of equity crude, royalty, signature bonus, concession rentals, gas flaring penalties, Petroleum Profit Tax (PPT) and companies’ income tax contributed to Nigeria’s earnings from the sector. The audit was concluded in nine months. Other areas that contributed to these earnings included earnings from Pay As You Earn (PAYE), Value Added Tax (VAT), dividends and repayment of loans by the Nigerian Liquefied Natural Gas (NLNG), contributions to the Niger Delta Development Commission (NDDC) and the Education Tax Fund (ETF). While presenting the audit report, Chairman of the National Stakeholders Working Group (NSWG) of NEITI, Mr. Ledum Mitee, said the financial audit had equally delved into the management of the controversial fuel subsidy scheme in which it discovered that the Nigerian National Petroleum Corporation (NNPC) had claimed a total of N1.40 trillion as subsidy payments directly from proceeds from domestic crude sales before remittance to the Federation Account. Mitee stated that the report found out that subsidy payments claimed by the NNPC had increased by 110 per cent, that is, from its claims of N198 billion in 2009 and N416 billion in 2010 to N786 billion in 2011. The report further showed that NNPC owed the federation N1.3 trillion from unremitted crude oil sales in the three-year period.  An NNPC spokeswoman said the firm could not comment on the findings because it had not seen the report yet, Reuters reported Thursday. “From this report, the total financial flows to the Federation Account from the oil and gas sector from 2009 to 2011 were $143.5 billion. This amount is made up of proceeds from the sales of equity crude, royalty, signature bonus, concession rentals, gas flaring penalties, PPT and companies income tax. “A breakdown of these earnings shows that sales of crude oil and gas within the period under review amounted to $81.9 billion and the total revenue that accrued to government from PPT, royalty, signature bonus, gas flaring penalties and concessional rentals amounted to $45.7 billion. “Also, revenue from companies’ income tax, VAT and withholding tax within the two-year period amounted to $6.1 billion, while $4.8 billion was reported as revenue from dividends and repayments of loans by NLNG. “From the report, the total revenue flow to states arising from withholding tax and PAYE was $1.5 billion, while the total revenue flow to other entities arising from the contributions to NDDC and ETF was $3.2 billion. “The total financial flows represent a decrease of four per cent from what government earned in the sector in 2006-2008 when compared to total flows of $148.8 billion as against the reported government earnings of $143.5 for the period 2009-2011.

Student Arrested For Attempting To Bomb Market In Kano

The Kano State Police Command has arrested an undergraduate student of Bayero University, Kano (BUK) in connection with an abandoned polythene bag containing wheat flour mixed with guinea corn with a remote controlled bomb inside. A statement signed by the force spokesman, ASP Magaji Musa Majia, said the bag was seen abandoned on January 23 at bout 220hrs at a popular GSM market junction at Farm Centre by some men riding tricycle. “A Good Samaritan alerted the police through our emergency telephone line. On receiving the information, the command’s Anti Bomb Disposal Unit was mobilized to the scene, where they confirmed the object concealed was a remote controlled bomb. The scene was safely secured and the bomb was detonated without any injury or damage,” according to the statement. The statement also said upon investigation, the police arrested Mohammed Kabir, an indigene of Auchi in Edo State who is 400 level student of Business Administration at the university as the one who dropped the bag containing the concealed bomb. “The suspect confessed to the ownership of the bag and is helping the police investigation.

MTN INCREASED 10MB TO 30MB

Good News. Our Stingy and most loved network MTN has increased their 10mb plan to 30mb.

Although this is not permanent, The Promo is on till February 6. Whenever you buy 10MB Plan, you'll get a bonus of 20mb.