Tuesday 28 April 2015

Strange As 4 month old baby found alive after 4 days in Nepal earthquake rubble

Over 5,000 have been recorded dead since the massive 7.8 magnitude earthquake hit the country on Saturday April 25th. However God protected this precious 4 month old baby who was rescued by he Nepalarmy after 4 days of being trapped in the Nepal earthquake rubble.

The post Strange As 4 month old baby found alive after 4 days in Nepal earthquake rubble appeared first on Naijabams.



Chibok Girls Again? 200 Girls, 93 Women Rescued From Sambisa Forest By Nigerian Troops

At least 200 girls and 93 women have been rescued from Sambisa forest by the Nigerian troops the official Twitter handle of the Nigerian Armed Forces (Defence Headquarters) has said yesterday evening. It also said three camps were destroyed including the notorious Tokumbere forest

see more tweets below;

The post Chibok Girls Again? 200 Girls, 93 Women Rescued From Sambisa Forest By Nigerian Troops appeared first on Naijabams.



Waec:- Waec 2015/2016 Biology Practical Available

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Runs:-Waec 2015/2016 Literature 3 Drama or Poetry Available

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Closing Date of JAMB Change of Course/Institution for 2015

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This is to inform all JAMB candidates, who would want to effect a change in either of any of their Courses or Institutions, that this service and procedure ends on 1st May, 2015.

We’re not sure if there will be any extension in the date but you should do well to ensure you effect your changes before the above stated date.

Please avoid trying to play smart by waiting to see if your current school of choice would release cut-off, before taking a decision to make your changes. Based on history, schools will not release their post-UTME cut-off or procedures until the change of course is over, no matter the extension.

Do your research based on previous post-UTME cut-offs and information and effect your changes immediately. Please DO NOT WAIT UNTIL THE LAST MINUTE. 😛

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NNPC Audit Reveals Double Payment Of Subsidy On Petrol And Kerosene,Spent N3.65trn Without Approval

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The just released audit report by PricewaterHouse Coopers PWC on the financial management of the NNPC has revealed that there were many cases of duplicated subsidy payment by the NNPC to many oil marketers between 2012 and 2013.

According to the report, payment of subsidies for petrol (PMS) and kerosene (DPK) between January 2012 and July 2013 when investigated had a difference of $980 million (about N195 billion) due to duplicated payments.

“Our review of the subsidy documentation revealed that the subsidy due to NNPC between January 2012 and July 2013 on PMS and DPK import was $8.99billion compared to the $9.97 billion stated by the Reconciliation Committee.

The difference was due to the following: Exclusion of October 2011-December 2011 subsidy claims of $1.2billion. This does not relate to the review period of January 2012 to July 2013; $0.13billion increase in PMS subsidy claimed for the 19 months period, $0.09billion increase in DPK subsidy claimed for the 19 months period; duplicated discharges noted in subsidy computations Our examination of the PMS and DPK import verified by PPPRA revealed that some discharges were apparently verified and subsidy advised to NNPC more than once,” the report stated.

According to Leadership, the report showed NNPC spent $18.53billion (or N3.65 trillion) as operational costs without a duly approved budgetary allocation. The report also indicated that the total gross revenues generated from the federal government crude oil lifting between January 1, 2012 and July 31, 2013 was $69.34 billion and not $67 billion as earlier stated by the federal government’s Reconciliation Committee.

The report also stated it was unable to verify the exact unremitted revenues accruing to the Federation Accounts as it did not have access to NPDC’s full account. The Nigerian Petroleum Development Company is a subsidiary of the NNPC. “We did not have access to NPDC’s full accounts and records and we have not ascertained the amount of costs and expenses which should be applied to the US$5.11billion Crude Oil revenue (net of royalties and PPT paid) per the NPDC submission to the Senate Committee which should be considered as dividend payment by NPDC to NNPC for ultimate remittance to the Federation Account.

Between 12 January and 29 January 2015, NNPC provided transaction documents representing additional costs of $2.81 billion related to the review period, citing the NNPC Act LFN No 33 of 1977 that allows such deductions. Clarity is required on whether such deductions should be made by NNPC as a first-line charge before remitting the net proceeds of domestic crude to the Federation Accounts. If these are deemed not to be valid deductions, then the amount due from NNPC would be estimated at $2.07 billion (without considering expected known remittances from NPDC) or $4.29 billion (if expected known remittances from NPDC are considered).”

The forensic audit became necessary following a letter in September 2013 by the former governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, to President Goodluck Jonathan stating that from January 2012 to July 2013, NNPC lifted $65 billion worth of crude on behalf of the federal government but remitted only $15.2 billion into the Federation Accounts, with $49.8 billion as outstanding to the federal government. On December 13, 2013, the NNPC responded that no money was missing.

A Reconciliation Committee comprising representatives of the CBN, NNPC, Department of Petroleum Resources (DPR), Federal Inland Revenue Service (FIRS), Office of the Accountant General (OAGF), the Budget Office of the Federation, Federal Ministry of Finance and the Federal Ministry of Petroleum Resources was set up On December 18, 2013, the Reconciliation Committee, in its report, estimated the unremitted funds at $10.8 billion while the CBN said it was $12 billion.

The CBN on February 4, 2014 informed the Senate Committee on Finance that the NNPC needed to account for $20 billion as the CBN could only confirm receipt of $47 billion of $67 billion revenue. On February 13, 2014, the NNPC provided explanations of the $20 billion shortfall while the finance minister and coordinating minister for the economy recommended an independent forensic audit. On June 5, 2014, PwC was appointed by the office of the Auditor General of the Federation (OAuGF) to conduct a forensic audit into the allegations

Download the full report Here

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Download DJ SPINALL Presents -(*The African Groove*)-

TheCap US Tour was a success and DJ Spinall
is back with a little gift pack for you all. Listen
and download “The African Groove”… This is
the marriage of huge monster hits from several
artists all over Africa.

This is a MUST listen… Feel Free to Feel free…
Iyanu asele… Oluwa is involved… The
Unstoppable

Download And Enjoy...



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Download Man Pikin - Love Potion ft. Solidstar

Egbosimba Chukwudi Luis, popularly known as
Man Pikin, a bonafide artiste to Pave Music
Records has just released his new hit single
titled LOVE POTION featuring an amazing
singer SolidStar.
Undoubtfully, the song is unique and specially
dedicated to every good and cute women
globally. Man Pikin’s performance in “ Love
Potion” quitely interprets his level of humility,
love and care to every mankind. The new
single was officially unveiled by Pave Music
Records.
The hit song was produced by LahLah beats
and proudly Mixed Mastered by Cul Briz.

Download And Enjoy...



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