Nigeria Is Finally Broke!! See Why.

The Central Bank Of Nigeria has just announced a N50 stamp duty on commercial bank transactions, i.e you will be charged 50 Naira for any money you receive into your account regardless the transaction means cash/cheque/electronic transfer.

The duty stamp charge is in accordance to the Stamp Duties Ac according to CBN. A Stamp Duty is legal levy that is usually applicable when you make purchases of large sums like home purchase or importation of goods. 

This is where it get interesting, Nigeria main source of revenue is oil, as we all know that oil price is dropping each day drastically with slender chances of increment any time soon. As at today oil price per barrel is $28.31 according to nasdag.com, this commodity once sold for $100+. Instead of Nigeria to use oil revenue of over 30+ years to build other sectors for raining days like this we didn't. We all know what our leaders did with the money, that's another story.

In the government effort to raise fund the CBN had no choice but to introduce stamp duty on bank transactions, this is laughable but necessary- And let's not forget VAT. Nigeria doesn't have no other fully developed and structured sector apart from the communication industry, Banking sector and oil sector. We are in it for it, our dear country is finally broke and things will get much worse in time to come. Guess what, we the people are the ones that will feel the pain more as we can already see the shadow financial pain with the stamp duty introduction!

Nigeria Is The 22nd Largest Economy In The World According To New IMF Table

1. China: US$19.510 trillion (up 7.9% from 2014)
2. United States: $17.968 trillion (up 3.6%)
3. India: $8.027 trillion (up 8.3%)
4. Japan: $4.842 trillion (up 1.6%)
5. Germany: $3.842 trillion (up 2.5%)
6. Russia: $3.474 trillion (down -2.9%)
7. Brazil: $3.208 trillion (down -2.1%)
8. Indonesia: $2.839 trillion (up 5.7%)
9. United Kingdom: $2.660 trillion (up 3.5%)
10. France: $2.647 trillion (up 2.2%)
11. Mexico: $2.220 trillion (up 3.3%)
12. Italy: $2.174 trillion (up 1.8%)

See The Funny Private Registration Number On This Vehicle.

Nigerians have money to burn. BALLING!!

Akinwunmi Ambode Pays Prof. Osinbajo A Congratulatory Visit In Abuja

Gov-elect of Lagos State, Akinwunmi Ambode visited Vice President-elect Prof. Yemi Osinbajo to formally congratulate him on his victory. Both of them have something to be ecstatic about anyway, they are both victor.

More pictures.

I Have Never Flew First Class - Ben Murray-Bruce

Ben Murray-Bruce,  the Senator-elect for Bayelsa East and a successful businessman during his speech at Silverbird man of the year awards, he revealed he has never flew first class on plane. Also in a tweet he claims he built a successful business, -We all know Silverbird, so clearly money isn't his problem.

Do you believe this gentleman?

I built a successful business by spending less than I earn and cutting my coat according to my cloth not my size. Nigeria must do the same!

— Ben Murray-Bruce (@benmurraybruce) May 9, 2015

Keshi And NFF Should Build Super Eagles On Home-Based Players. - Onigbinde

Former Super Eagles coach is,Festus has urge Keshi and NFF to look into the possibility of building a strong super eagles team on home-based players. The former Super Eagles coach added...

“The issue of our foreign-based players not getting it right in their various clubs in Europe should not have been a problem assuming the NFF had measures in place to discover talents. I have said it over time that Nigeria have talented footballers that are yet to be discovered. 

“When I was the coach of the Super Eagles between 1983 and 1985, I used mostly home-based players to get to the final of the Africa Nations Cup. Even at the 2002 World Cup, I also gave domestic players the chance to be part of the team. 

“Keshi needs to give more domestic players the chance to be in the Eagles because it would help him get enough quality players in camp to fight for positions in the qualifiers. He needs hungry and committed players to get it right in the Eagles,” he said.

The Cable Newspaper Apologises To Wole Soyinka For Their False Story About Him Attacking Igbos.

The cable newspaper few days ago reported that Wole Soyinka made some derogatory statements about the Igbo people during a question and answer time after delivery lecture at the talk titled '‘Predicting Nigeria, Electoral Ironies’ at the Harvard University Hutchins Centre for African & African American Research, in Cambridge, Massachusetts, USA. Wole Soyinka himself refuted the report saying 'Only a moron will believe such crap'

I personally didn't carry the story when The Cable broke it because I wasn't sure about the story. I couldn't find a video of it or any video-graphic traces of the lecture. However I found a convincing statement by someone at the talk, so I concluded the report might be hearsay, so I passed on it. I was right afterall. The Cable just apologised to Wole Soyinka.

The Cable's Apology

"The management of Cable Newspaper Ltd, publishers of TheCable, would like to make the following statement concerning our report on the lecture by Professor Wole Soyinka at the Harvard University Hutchins Centre for African & African American Research. Soyinka was quoted to have made derogatory remarks about the Igbo over their voting pattern in theMarch 28 presidential election. He has since denied the offensive quotes attributed to him.

Abortion And Contraceptives Can Cause Breast Cancer, Research Says.

Health experts under the auspices of The Foundation for Africa Cultural Heritage have raised the alarm that abortion could lead to bosom cancer.

According to FACH president, Dr. Nkechi Asogwa, many cases of bosom cancer have been linked to the aftermath of an abortion.

She said that contraceptives and other birth control pills that have been banned in the United States due to their side effects were being shipped to Nigeria.

Asogwa said that Nigerians deserve to be told the medical risks involved in taking birth control pills, to enable them to make informed choice.

Buhari Orders His Aides, Security Personnel To Obey Traffic Rules.

According to a press release by the President-elect's camp, he has order his security personnel and aides to respect traffic rules even when he's travelling. It is also said that the General is more than happy to live by example.

This is good look if you ask me, if someone like him obeys traffic rules, what would your excuse be if you get done for traffic related offences.

Football Jerseys ON SALE NOW, Half Price!

Iginla Venture Sale is on, take advantage of it and grab your favourite club jersey on half price including national teams jerseys, delivered to you at your convenience. The SALE is on now and stocks are running fast.

Convenient Delivery: Nationwide Delivery In Nigeria
Payment: Cash On Delivery For Lagos Customers
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Additional 234 Girls Rescued In Sambisa Forest

FLASH: Another set of 234 women and children were rescued through the Kawuri and Konduga end of the #Sambisa Forest on Thursday #COINUpdate

— DEFENCE HQ NIGERIA (@DefenceInfoNG) May 1, 2015

The defence headquarters through their twitter page just announce that additional 234 girls were rescued from Sambisa forest, Borno, yesterday Thursday, 30 April 2015.

The identity of the girls are not yet known. We will bring you details as soon as they are available.

Lagos State In 2014 Internally Generated 276 Billion In Tax -Babatunde Fowler

Dr. William Babatunde Fowler, the Executive Chairman, Lagos State Board of Internal Revenue and Chief Executive Officer Lagos State Internal Revenue Service, has commend about 4 million Lagos tax payers. He however stress that the service could increase the state's tax revenue if they could get everyone to pay their taxes.

He's urging Lagosians to indulge their domestic staff in tax payment. He themed the domestic workers of the state an informal industry that only their employers can help secure taxes from them.

He further said by urging your domestic staff to pay taxes gives them the sense of belonging and solidify them as a bonafide member of the society. The service is looking to increase Lagos tax this year, 2015.

I Left The Government House Before Election Because Of Juju - Gov. Abiola Ajimobi

The word on the street in Oyo State is that Gov. Ajimobi left the government residence because he was scared of imminent defeat because Oyo state doesn't  re-elect governor for second term. The governor has come out to debunk the rumour and told his side of the story as to why he left the government house and move to his private residence before election.

“Every morning, I always go out on exercise. If you know the Government House very well, it has many interchange, popularly called `orita’, I see all kinds of sacrifices (ebo) placed in all these junctions.’’
“Worried by these developments, some of you my Alfas here advised me to move out of the Government House to render their evil plots useless,’’he said.

What A South African Thinks Of The Xenophobic Attacks.

Read what a South African have to say about the Xenophobic attacks when ask about it. Is really heart breaking to know SA of all country will treat anyone like that. Wonderful, just wonderful SMH for SA

The Missing Orekoya Kids Have Been Found. Thank God

The mother of the missing Orekoya kids, Mrs Busayo Orekoya, has announced the safe returned of her kids through her facebook account. She didn't provide details of how she secured their release. See her message below.

Kunle Afolayan's Worst Fear Just Happened. October 1 is Already Being Sold In Lagos Traffic!

Film maker, Kunle Afolayan got in hot water last week when he blame Igbos for piracy in Nigeria, an utterance he later apologise for. Click here here you missed the story. He also revealed that his marketer was getting threats from pirates that they will release October 1, his latest movie. His films like phone swap and others has been released by them prior. October 1 hasn't been officially released on DVD, however you can watch it on Netflix.

But October 1 has just been spotted in Lagos traffic. He took to twitter to plead with people not to patronise them.   He's not lying after all that his marketer was getting threats. Omo Pirates don't joke ooo!

See pictures Of the pirated film and his then tweet.

APC Thugs Led By KWAM 1 Destroyed Ballot Boxes In Lagos While PDP Celebrate Impending Victory!

KWAM 1

Report reaching us is that ballot boxes were destroyed in Okota, Lagos  by APC thugs led by Fuji musician, King Wasiu Ayinde Marshal. The report is an unverifiable eye witness account however K1 is a strong member of APC and he's inner with Bola Tinubu.

PDP on the other hand led by Obanikoro in their situation room are celebrating victory. This is not new anyway because Femi Fani-Kayode reported that PDP was leading in 24 States in the presidential election, a report which turn out to be false. See more pictures....

The allege ballot boxes

Sen. Obanikoro

PDP Situation room

Election Mayhem: Someone Just Got Beheaded In Rivers!

Man was shot by PDP thugs, but he was rescued by Gov. Amechi's entourage

 Eye witness account in Rivers State is alleging that someone got beheaded, by who? we don't know. A lot of sporadic shooting by PDP thugs were reported too,  and fake police officers hijacked election materials. A twitter account reported that he witnessed shooting himself that he had to lunch himself to the ground for safety. We Pray For Rivers State!


More pictures.

Actress Susan Peters Shared Scary Picture Of Herself Enroute To Polling Unit

Susan Peters

Actress Susan Peters shared a picture of herself on her way to the Polling Unit. Performing her civic right isn't what's amusing but the picture she shared, she looks totally different. The actress has been deceiving the public. If we make a lawsuit accusing her of fraud, victory will be certainly our, but we will let it slide and pretend like it never happened. See the scary picture before.

Covenant University Students Gush Over Their Campus' Beauty.

 Student of Covenant University shows off their institution. They gush over it, and even suggest it looks like abroad. We have to be honest the pictures looks nice, even though the institution is very strict that it admits virgins only. They were report one time that the Ota, Lagos based institution was going to conduct virginity test on students,a plan that was later shelved after students cried out for privacy violation and inhumane tendencies of the plan.

Anyway lets allow these poor kids to enjoy their little campus. Are we hating? lol See more pictures of the school.