Lagos Chambers of Commerce Says Nigeria's Economy is Second Largest

Some cheering news for Nigerians. President of Lagos Chamber of Commerce and Industry (LCCI) Goodie Ibru has forecast Nigeria's economy to be the second largest in recent years in Africa.

According to Mr. Ibru in a statement, the country had an estimated gross domestic product (GDP) running into 300 billion US dollars.He pointed out that Nigeria's persistent problem has been how to utilize her enterprising population and abundant natural resources for the benefit of Nigerians.

"The economy is inhibited by serious issues of infrastructure deficits, especially with regards to power supply, currently at less than 4, 000 megawatts, transportation, logistics, the quality of institutions, costs and access to funds," the statement quoted him as saying.

Always the same type of talk. I thought our power  generation is now over 4000 megawatts. Are we going forward are backward?

Nigerian Senate to Begin Petroleum Industry Bill Hearing

Seems like all has  not been heard about the Petroleum Industry Bill presently before the senate. Nigerians will still have to wait a little longer.The Nigerian senate says it will resume another round of hearing on the Petroleum Industry Bill on October 9 following protests of exclusion by some key stakeholders.

The new hearing is expected to resolve issues like new tax regime for oil companies and a fund for host communities.The Nigerian Bar Association (NBA) and the Nigerian labour Congress (NLC), among others, had alleged that many stakeholders were hindered from participating in the reforms of the oil sector.

To this effect, for Senate standing committees: Petroleum Resources (Upstream and Downstream), Gas and Judiciary, Legal and Human Rights were mandated to conduct the hearing.

The Bill (PIB) seeks to enhance exploration and exploitation of petroleum resources in Nigeria for the benefit of Nigerians.

Independence Day - Christ Embassy's Marvellous Initiative to Celebrate Independence.

Christ Embassy church continued her annual Reach Out Nigeria vision yesterday (28 September) at the Tafawa Balewa square using music as a strong platform to reach Nigerians of different age, status and tribe.

In its 7th edition, the Reach Out Nigeria project is aimed at promoting nation building and patriotism and expressed through public lectures, community based corporate responsibility projects, and the free distribution of millions of copies of devotionals, Rhapsody of Realities to Nigerians.

The atmosphere at the venue was enlivened as the crowd decked in national colours danced and swayed to the songs of upcoming and renowned gospel artistes. Artistes who performed were Frank Edwards, Buchi, Ada, Eben, Obi Shine, and Joe Praise amongst others.

 Source: Tribune

See Our Super Eagles with Stephen Keshi Gisting with Pidgin English!

Footage of the first training session for the Super Eagles vs. Malawi World Cup qualifier in Calabar. This is very accepted!!

(Event) GTBank Lagos Fashion and Design Week

The multi-day premiere fashion event is scheduled to start on the 23rd of October to the 26th October 2013 at Eko Hotel's Ocean View in Lagos State. The event is running under the sponsorship of Guaranteed Trust Bank. It's objective is to promote the Nigerian fashion industry by gathering together buyers, consumers and of course the media to showcase the current collections of designers in Nigeria's fashion capital, Lagos.


The show will feature :

1. Lagos Fashion and Design Week (LFDW) Exhibition presents a perfect opportunity for fashion and design related community to present their work before a focused target audience.

2. Workshop classes to increase creative and learn fashion and design areas, also creating opportunities for networking.

3. Beautiful runway shows


If you wanna register, we are sorry but the deadline for that was August 23rd 2013. But there will always be other opportunities.

Video - Vanessa Bell Armstrong's 60th Birthday Celebration!

That Rance Allen performing for those who don't know. This was truly a time of worship to celebrate a legend. Happy Birthday to you Vanessa from Gistpedia!!

Vaneesa Bell Armstrong Celebrates 60th Birthday in Grand Style.

Gospel music pioneer Vanessa Armstrong yesterday (27th September) celebrated her 60th birthday in a grand style.
She invited everyone to attend the event. She wrote on her Facebook page
" If you're in Detroit or the surrounding areas. It's not too late to register for my 60th Birthday celebration. Get your free tickets by visiting http://vba60th.eventbrite.com. I want to see you there. Spread the word!!"

The event was held at the Perfecting church, Detroit and had such artistes like Kim Burrel, Kathy Taylor, Lacresia Campbell, Rance Allen in performance.


 

Lionel Messi Appear in Barcelona Court Over Tax case

The Barcelona point man Lionel Messi and his father, Jorge Messi were in court yesterday (Friday) to answer questions before a Spanish court his accused tax evasion to the tune of 4.2m euros on his image rights.

According to Cristoball Martell, their legal representative, the Friday hearings is an opportunity for the family to clear their names.

"To start a procedure like this, we are following just one instruction: to cooperate with the administration to explain my client's actions and provide them with financial information, "Martell said.

They are suspected of setting up companies in Uruguay and Belize to avoid paying tax in Spain. If found guilty, the Argentine could be jailed for at least 3 years.

Mean while, Messi and his father has openly denied the allegation.

"I never take care of that (tax) stuff myself and neither does my father. "We have our lawyers and out wealth managers to take care of that and we trust them and they will sort this out", Messi said in July.

Please help me, but i can't imagine Lionel Messi in Jail? Can you?

Imo State Controversial Abortion Law controversial ‘abortion’ law is Repealed.

AFTER listening to various shades of opinions in the state, the 26-member Imo State House of Assembly Thursday repealed the Imo State Law No. 12 of 2012 and Law No. 6 of 2005, tagged Abortion Law and Basic Education respectively.
  Speaker of the Assembly, Chief Benjamin Uwajumogu, after listening to the contributions from various speakers at the plenary, initiated by member representing Orsu Constituency, Stan Dara, announced that the two laws stood repealed, while a fresh bill that would accommodate shades of opinions on the bill be presented to the Assembly for fresh consideration, debates and other procedure for a bill becoming law followed.


Source - Nigeria Guardian News

Fashola Apologizes Over Igbo Deportation

After much criticism, Lagos state Governor Babatunde Fashola has tendered an unreserved apology for alleged July 24th 'deportation' of some destitute igbo men to Onitsha, Anambra state. This he did at the silver Jubilee symposium of igbo think tank 'Aka Ikenga' at the Nigerian Institute of International Affairs (NIIA), Victoria Island.

In his words 'I offer an unreserved apology if the actions taken had been misunderstood'.

Click read more to see the full apology..

Nigerian Oil Tycoon Kola Aluko Partners with Hollywood Star for African Development

According to the Patriotic Vanguard, billionaire Nigerian entrepreneur, Kola Aluko yesterday joined by Oscar winning actor Jamie Foxx and British fashion designer, Ozwald Boateng, launched a new dawn in African development.

His organization, The Made In Africa Foundation (MIAF) which he co-founded with Boateng has entered into partnership with the African Development bank at the NASDAQ in New York this morning. The union will co-manage and promote initiates to attract new investment for Africa50 - Africa.s largest infrastructure development vehicle created to date.

Kola spoke on behalf of the group as a primary investor in the fund and said:

“I am proud to be surrounded today by the people who have shared a determination to create a programme that offers a sustainable future for Africa. “The ringing of the NASDAQ Bell symbolizes that the moment has finally arrived as we launch the Africa 50 Fund supported by the Made in Africa Foundation.

“Our original vision for Made in Africa was to create something that could bring real change for the continent through sustainable, infrastructural developments with a truly African agenda. I believe this monumental relationship we have struck with the African Development bank has created the means for such a vision. The support we have received for this project is marked by everyone here today. The expertise involved across this project, in both the development and financial arms, will help Africa to finally reach its full potential in the global market.”

Apple Map directs Drivers To Active Airport Runway

Fairbanks international airport in Alaska has been forced to shut down  an aircraft access route because of a fault in  directs drivers up to an active run way. It's been roughly a year since Apple released its failed maps and the app is still running lives.

According to BBC reports, the road had been accidentally used by three motorists since the fault was discovered on the app, which necessitated the closure.

Weird though is the fact that the drivers who were called "persistent" by the airport, put more trust on their phone and not their instincts that perhaps bypassing a motion active gate, disregarding the warning signals and seeing a bowing 737 crawl across them to not might indicate some wrong mapping.

Donal Trump Buy Own Private Cemetry!

Real Estate mogul and business man Donald Trump has finally received approval from the Bedminster Township Land Use Board to build a private cemetery. This is coming after nearly two years of discussion, design changes and delays. The cemetery will be limited to only members of Mr. Trump's immediate family  and would have a maximum of 1o grave sites. I guess Mr. Trump is not satisfied with buying just houses, but a private Cemetry? What else will he buy?

(Event) 37th Diamond Business Express Seminar

Diamond Bank Plc will be observing the 37th edition of her business enterprise seminar 'Diamond Express'. The seminar is one of the company's effort to grow small and medium enterprises (SMEs). The 37th edition topic is "The Basic Rules For Business Success" and the speaker is Sir Rob Anwatu (MD/CEO, Roban Stores Group of Companies). If you are a small business owner, then you should be there and not miss the lesson and of course the networking.

Venue: Bridgewaters Hotel, Plot C/2B, Garden Avenue, Enugu
Date: Thursday, September 26, 2013
Time: 9:00am - 2:00pm

Registration: N5000 (per participant)
                      N9000 (group of two)
                      N12, 000 (group of three)

CCEC Begins $500m Construction of New Terminal At MMIA

Chinese company, Chinese Civil Engineering Construction Company (CCEC) has commenced work on the proposed additional terminal at the International Wing of the Murtala Muhammed Airport. This is in fulfillment of the $500 million loan deal it signed with the Nigerian Government for the development of 5 Ultra-Modern international airport terminals in major cities including Abuja, Kano and Port Hacourt. Well i think this is one of the few sectors we are seeing some huge progress. One vote for Jonathan.