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Nigeria closed the Rio Paralympics with eight golds, two silvers and two bronze medals to finish 17th in the medal table and top among African countries.

Compare that with the performance of Nigeria's able-bodied Olympians a few weeks earlier, who brought home just one bronze medal, finishing a lowly 78th in the Rio 2016 medal table.

Nigeria's Paralympians, who first competed in Barcelona in 1992, have always outperformed the Olympians.At the London Olympics four years ago, the green and white flag was never hoisted at a medal ceremony.

In contrast, the Paralympic team returned home with 13 medals.

 

 

 

Despite calculated attacks by some militants, Nigeria’s oil production has increased from a daily average of 1,570,852 barrels per day in the last three weeks to a current week production of 1,752,536bpd, recording additional 181,684 barrels per day, Minister of State for Petroleum, Dr. Ibe Kachukwu has said.

The Minister, who gave the figure at the Presidential Quarterly Briefing with the Private Sector Stakeholders at the State House on Monday, attributed the increased output to current ceasefire efforts his office initiated with traditional rulers and leaders in the Niger Delta. Kachukwu said that with sustained peace in the Niger Delta it would be possible to grow production to N1.8 million barrels per day by next month and reach 2 million bpd by December. The Minister announced that in order to ensure stability in the oil sector of the economy, the Federal Government would work with the National Assembly to fast-track the passage of the Petroleum Industry Reform Bill, PIB, which has been facing difficulty of passage since the previous National Assembly.

The Police Command in Katsina on Tuesday said it had arrested a 60-year-old househelp of

Hajiya Turai Yar’adua, the wife of the late President Umaru Musa Yar’adua over missing goods worth N91 million.

Alhaji Usman Abdullahi, the police Commissioner in the state, disclosed this to newsmen on Tuesday in Katsina.

“The Police has arrested Alhaji Yusuf Sarkin-gida after a formal complained by Hajiya Turai Yar’adua to the Police two weeks ago.

“The suspect is the custodians of all the keys and property of Hajiya Turai Yar’adua for the past forty years.

“There are 37 boxes in the custody of the suspect, but only 27 boxes are in the store.

“The several items in the 27 boxes are completely missing and the suspect has failed to give full explanation on the goods and items in the boxes,” he said.

The Commissioner said the suspect had been serving the Late Umar Yar’adua family for the past 40 years even before her husband became the governor and later the President of Nigeria.

Abdullahi said the suspect was in Police custody, where he was assisting them to conduct intensive investigation on the missing items.

When contacted, the spokesperson of Sarkin-gida’s family, Alhaji Mohammed Yusuf, said their father was innocent of the charge lavelled against him.

He said the arrest and detention of their father before the Eld-el-Kabir celebration had thrown the family into confusion.

He appealed to Human Rights Organisations to come to the rescue of their father.

 

The Revenue Mobilization Allocation and Fiscal Commission, RMAFC, on Tuesday frowned on proposals by some prominent Nigerians for the federal government to sell the multi-billion dollar Nigeria Liquefied Natural Gas Limited, NLNG, to raise funds to reflate the economy.

With the country’s economy officially in recession, government has been considering several options to fuel a speedy recovery.

A ministerial retreat convened last week recommended an ambitious fiscal stimulus plan involving the generation and injection of massive foreign capital, estimated at between $10 and $15 billion (about N4.72 trillion) into the economy to help the recovery process.

The Minister of Budget and National Planning, Udoma Udoma, said one of the ways to fund the plan would be through sale of some national asset to raise needed capital for infrastructure development.

To add his voice in the search for solution to the economic crisis, Chairman, Dangote Group, Aliko Dangote, proposed the immediate sale of Nigeria LNG, along with other dormant government assets.

The proceeds would be invested in the economy.

“The only way for us to get out of this recession is to make sure we move into action quickly; by diversifying the economy quickly.

“If I had challenges in my company, I would not hesitate to sell assets to remain afloat, to get to the better times. It doesn’t make any sense for me to keep any assets and then suffocate the whole organisation.

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