FG to Establish Development Finance Institution

POSTED ON: Aug 20, 2014  / 

TAGGED: Infrastructure economy

President Goodluck Jonathan said the Federal Government would establish a wholesale Development Finance Institution (DFI) to provide long-term funds for industrial development. Creating a vibrant industrial sector has been a major focus of the President's Transformation Agenda since inception in 2011.
Jonathan stated this at the launch of the disbursement of the Central Bank of Nigeria (CBN)’s N220 billion funds for the development of micro, small and medium enterprises (MSMEs) in the country. The fund’s disbursement was the highpoint of the CBN’s 8th Annual MSME Finance Conference and Entrepreneurship Awards with the theme, ``MSME Financing in Nigeria: Past, Present and Future.’’

Chef cooking snake dies after cobra bites him - 20 minutes after head was cut off

How this happened is beyond me. A snake that already had its head chopped off, bites the chef trying to cook it and kills him. Full report below...

A chef preparing a dish from cobra flesh died when the snake's head bit him - 20 minutes after it was cut off.

Victim Peng Fan had been preparing a special dish made from the Indochinese spitting cobra, a rare delicacy in Asia where eating snakes is commonplace.

But when he went to throw the serpent's severed head into the waste bin, it bit him - injecting him with its fast acting venom.

Police say Mr Peng died before he could be given life saving anti-venom in hospital.

Diners who were eating in the restaurant at the time have described screams coming from the kitchen as the tragedy unfolded.

Restaurant guest Lin Sun, 44, who was in the restaurant with his wife Su at the time said: "We were in the restaurant having a meal for my wife's birthday when suddenly there was a lot of commotion.

"We did not know what was happening but could hear screams coming from the kitchen.

"There were calls for a doctor in the restaurant but unfortunately by the time medical assistance arrived the man had already died. After we heard that we did not continue with our meal."

Question of the day...

For married couples only...lol. I'd say morning sex. Kissing a man you're madly in love with before either of you have brushed your mouth is the sweetest thing ever! Hehe. #strollsaway! #whatdoIknow

Photos: Kim Kardashian puts her red hot bikini body on display

Kim Kardashian 'blesses' us .. once again .. with her bikini body..*sigh*. The mother of one showed off her fab curves in a red bikini on holiday in Mexico last weekend. More photos after the cut...

Boko Haram takes over Police Academy in Borno state

Boko Haram men today August 21st reportedly invaded the Liman Kara Police college, a riot police training academy in Gwoza, Borno state and took over the academy.

According to BBC, the sect men arrived the town in armored cars and dozens of motorcycles. Scores of trainees at the academy have been reported killed while many managed to escape to nearby mountains for safety. More details later

Kent Brantly US doctor who survived Ebola speaks, leaves hospital

Dr. Kent Brantly, the US doctor cured of Ebola left the Emory University Hospital Atlanta about an hour ago. Before leaving, he spoke at a news conference, telling reporters that he's thrilled to be alive

"Today is a miraculous day. I’m thrilled to be alive, to be well and to be reunited with my family. 

"I cannot thank you enough for your prayers and your support, but what I can tell you is that I serve a God who answers prayers. God saved my life, a direct answer to thousands and thousands of prayers. Thank you to the Liberia community, Emory hospital and so many of you, my family, friends and church family. Please don’t stop praying for others in West Africa.”

“I will be going away to recover physically and emotionally, but for now, we need some time together in private before sharing more of our journey." He said

The other American missionary Nancy Writebol was discharged from Emory University Hospital on Tuesday August 19th totally cured of Ebola. Watch Dr Brantly's speech for the cut...

Photos: Naval Pilot who died in the Airforce helicopter crash buried

Late Flight Lieutenant Onyeka Nwakile, the Naval Pilot who died in the Air Force Mi-35 Helicopter crash on July 21st in Bama, Borno, was laid to rest at the National Military Cemetery in Abuja today.

Present at the burial ceremony were High Commanding Naval officers, family members and close friends. May his soul rest in peace..amen.

Navy discharges black sailor for refusing to cut off her natural hair

This week, the U.S Navy announced that it was discharging Jessica Sims, an Africa American woman who has been a sailor for 12-years, for “failing to obey an order to cut off her natural hairstyle.”

The military has been under scrutiny for guidelines issued in March that critics believe were discriminatory toward African-American women. Those regulations “specifically forbid several hairstyles popular for black women who keep their hair natural, including twists, headbands, dreadlocks, or multiple braids that are larger than a quarter-inch.” A former U.S. Army Major, sharply criticized the regulations, noting they targeted “natural styles African American service women have been wearing for years.” Continue..

Meet the 3 week old Nigerian baby who can already feed herself

At just 3 weeks old, baby Amara Chiedozie can hold her feeding bottle...and her mum, 20 year old student Onyi Chiedozie, claims she's been doing this since was just three days old. How is this even possible? Her mum explains;

‘When we were feeding, she started shaking, then she just grabbed the bottle. She was holding it by herself. We couldn’t believe it because babies don’t normally do it that young. I’m so shocked that I have been documenting it every day. It’s unbelievable.

"When she doesn’t want it she will push it away. She isn’t strong enough to throw it away, but she does push it, like she does with her dummy. If she is really hungry, she starts shaking. Then she will just grab the bottle as you give it to her.’ Continue...

NSCDC boss escapes assasination by police inspector

Read the police press statement below

The attention of the Nigeria Police Force has been drawn to a press release issued, Friday, 22^nd August, 2014 by the spokesperson of the Nigeria Security and Civil Defence Corps (NSCDC), CSC Emmanuel Okeh, in which he alleged that an unnamed Police Inspector single-handedly “attempted to open fire” on the Commandant-General of the NSCDC, Ade Abolurin and over 200 of his committee members, including representatives of the “Nigerian Army, EFCC, ICPC and office of the Attorney-General of the Federation among others.” Continue...

Brand new video: Kcee - 'Ogaranya' feat. Davido

Five Star Music brings you the visual for the anticipated single for 'Ogaranya' off Kcee's 'The Take Over' album. 'Ogaranya' shot by Godfather sees two of the biggest African acts adorned in traditional attire as they perform in their colourful, crispy clear video. Enjoy...

Ondo State governor, Mimiko, decamps from Labour Party to PDP

Ondo state governor, Olusegun Mimiko is the latest politician to decamp from his party to the ruling party. The PDP is Ondo state today August 22nd confirmed that the governor has now joined their party, decamping from the Labour Party. The governor made his defection known to his cabinet members and close political associates at a meeting held at the government house in Akure the state capital. Mimiko came into power on the platform of the Labour Party.

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Top 10 Most Popular Video Of The Day In Nigeria, Its A Must Watch: More Interesting Stories In Videos Click The Link Below To Watchm

Actor Idris Elba reportedly secretly married his baby mama

Looks like Idris Elba is off the market. According to new reports, Idris secretly married his baby mama, Naiyana Garth last month in the UK. Idris and make-up artist Naiyana, who is part Chinese/ part Caucasian, welcomed a son Winston in April this year. Idris also has an 11year old daughter, Isan from his ex-wife Dormowa Sherman.

Photo: Wizkid shows off his diamond jewelry collection

How big boys roll...:-)

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Photos: New Enugu International Airport flooded

I've been getting these images all day. Supposedly this is what the new Akanu Ibiam International Airport in Enugu state looked like this morning after it rained. Is this for real, for real?. Continue..

Pics: Rapper Joe Budden accused of brutally beating his girlfriend

According to MediaTakeOut, the New York and New Jersey Police is looking for rapper Joe Budden after he brutally beat his ex-girlfriend. Friends of the girl, whose identity is being hidden, sent pics of her bruised body to MTO and explained what led to the attack. See that below...

Photo: Human parts syndicate busted in Lagos

Operatives of  the Special Anti Robbery Squad, SARS, Ikeja, Lagos have smashed a syndicate that specialize in selling human parts, Vanguard reports.

The 3 suspects whose names were given as Mustapha Muritala, Sunday Oluyeba and Adenike Olanrewaju, were arrested at the Ojumerin area of Sagamu, Ogun State following a tip off. Recovered from the suspects were two human skulls suspected to have been procured from a graveyard.

When interrogated, one of the suspects, 42 year old Herbalist Mustapha Murtala, said he ventured into the business two years ago following an offer of N30,000 for a human skull. Continue...

MBGN 2014 Iheoma Nnadi proves she's really 19

Remember what happened here? Well, here's a copy of the birth certificate and passport of the 2014 Most Beautiful Girl in Nigeria queen, Iheoma Nnadi. Now convinced she's really 19?

Photo: Guess all is well between these two...:-)

Remember what happened here? Looks like we jumped to the wrong conclusions. All is still well in the land of Abigail/Obafemi. Abigail shared this pic this morning. Meanwhile check out an adorable pic of Obafemi with their son after the cut...

Photo: Mother of three caught with Cannbis at Lagos Airport

A 37-year-old mother of three, Ezeh Ifeoma Maureen (pictured above), has been arrested with substances suspected to be cannabis by the National Drug Law Enforcement Agency (NDLEA). 

According to The Nation, Maureen was caught at the Murtala Mohammed International Airport (MMIA) in  Ikeja, Lagos, during outward screening of China-bound Ethiopian Airlines’ passengers for allegedly attempting to smuggle 6.200 kilogrammes of dried weeds that tested positive for cannabis.

The agency’s Airport Commander, Mr. Hamza Umar, said the suspect told the officers that her bags contained vegetables and foodstuff. Continue...

"I'm sorry for the Adadevoh's pain" - Patrick Sawyer's widow says

Decontee Sawyer, the widow of late late Liberian, Patrick Sawyer, the man who brought the deadly Ebola disease to Nigeria, says she regrets the death of Doctor Ameyo Adadevor of First Consultant Hospital, who died of the Ebola virus on Tuesday August 19th after being infected by Sawyer.

In an email to Leadership.ng, Mrs Sawyer, who lives in Minnesota, USA, said she's pained that her late husband caused so many others so much pain both in Liberia and Nigeria.

Kim Kardashian shows off hourglass figure in tight corset (photo)

The magic of the corsets. She shared the pic on her instagram page...

Photos: Ex-beauty queens, Sylvia Nduka & Ene Lawani holiday in Greece

Former Most Beautiful Girl in Nigeria Sylvia Nduka (2011) and former Miss Nigeria (2004) Ene Lawani took a holiday together to the beautiful Island of Santorini in Greece. The BFFs arrived Greece yesterday and are pictured above relaxing by their hotel pool. See more pics after the cut...

FG finally pays allowances of scholarship students in Russia

The Federal Government yesterday August 21st started paying the allowance of scholarship students in Russia three days after it was reported that the 322 Nigerian students currently on Bilateral Educational Agreement scholarship in Russia hadn't been paid for about 8 months. 

One of the students, Moyosore Ojuri, a Metallurgical Engineering student who spoke with Punch said herself and her colleagues have started receiving credit alerts of $4,450 in their respective bank accounts. She said $4000 is for her January to August allowance; $200 for annual medicals & health insurance, and $250 covers her annual protective clothing. Continue...

Miss FCT Nigeria, Bertha Eke, stunning in new photos

Miss F.C.T Nigeria 2014 Queen Bertha Eke has released new photos of herself. Bertha won the pageant in May in Abuja. See more photos after the cut...

Dear LIB readers: Please can you interpret this dream for me?

From a male LIB reader

Dear Linda Ikeji blog readers. I'm a 29 old self employed man, I am not married and don't have children.  

Every night for the past 10 years  and I mean every night, I have had the same dream. This dream takes me back to either my primary school, secondary school or the University,  where I'm usually in a class with my mates both the ones I heard died years back and the ones I haven't seen since we all left the institutions. 

In this dream, we're usually in a classroom writing either a test or an exam. The questions are always  simple so I answer them but never get  them submitted. I watch everybody in the class submit except me. When ever I get up to submit, it's either the paper disappears or I see a blank sheet, sometimes I get too weak to get up from my seat or as I approach the teacher I wake up from the dream. Bottom line is I've never submitted any exam sheet before for the past 10 years.

Spouses of two dead Nigerian Ebola victims test positive - Health Minister

Minister of Health Professor Onyebuchi Chukwu announced today August 22nd that Nigeria has recorded two new cases of the Ebola disease.

Photos: Rihanna & Chris Brown cross paths at charity game in NYC

Must have been so awkward. Rihanna sat court-side as she watched her ex boyfriend Chris Brown at a Roc Nation celeb charity basketball game at the Barclays Center in New York yesterday Thursday August 21st. Drake wasn't there and neither was Karrueche Tran. See more photos after the cut...

Bello El-Rufai's moving tribute to his late younger brother Hamza

Bello El-Rufai (pictured right), son of Mallam Nasir El Rufai, took to his Facebook wall to pay tribute to his younger brother, Hamza El-Rufai (pictured left), who died in a fatal car crash on July 29th. Find his moving tribute below..

"Hamza El-Rufai was born on February 14th 1991 in Kaduna state and attended Essence International School before transferring to Sacred Heart, a Catholic Primary School in Kaduna. He took the Common Entrance Examination from Class 4 and began... his Secondary School Education in Nigerian Turkish International School. His journey to secondary school 2 years before his time was more pleasing due to the several awards he received. He is my younger brother and was one of my best friends." Continue...

OAP Toolz talks about the time a guy she liked broke her heart

In a recent interview with Entertainment Express, radio personality Toolz talked about the time a guy she liked told her he wasn't interested in pursuing a relationship with her. What she said below...

"There was this guy I met during my final year at the University. He had just moved from Houston and didn't know a lot of people in London and after a few random conversation about course work, he asked me out. Our first date was amazing and after about a month of seeing each other a few times a week, I was almost certain he was "the one". After dancing around the issue for a week or two, I was finally brave enough to bring up the "where are we" issue. His exact words were "I really like you Tolu, but I'm not looking for a relationship right now". I had to take a moment to mentally pick up the fragments of my broken heart, then I smiled at him and said "No worries, it's okay"