Nigerian Times

PHOTOGRAPH IS FROM THE CALABAR CARNIVAL'S WEBSITE . Calabar Carnival and the Governor’s Booth Tourism For instance at the stadium yesterday (during the carnival), a seat at the governor’s booth sold for N25, 000 and I think that we made more than N5 million ($35, 000). So there are products that we think we can generate revenue from and we are hoping to get to a stage where we can concession it whereby somebody comes in and says I want the governor’s booth and pay for it then market it. The same on the carnival routes, vendors on the routes are registered and pay for space . ~ Senator Liyel Imoke, Governor of Cross River State in Nigeria, in DESTINATION , page 42, TRAVEL & TOURISM SECTION of The Guardian of Nigeria on Saturday January 28, 2012. PHOTOGRAPH IS FROM THE CALABAR CARNIVAL'S WEBSITE . Only God knows how much in billions of naira the administration of Senator Liyel Imoke of Cross River State has spent so far on the so called Calabar Carvival , dubbed as Africa’s...

President Goodluck Jonathan plunged himself into a quagmire between the devil called "Boko Haram" and the deep blue sea of angry masses protesting the unpopular removal of the fuel subsidy on petrol since New Year's day to date. Mr. President, Public Offers and Sensitization about Oil Deregulation Came too late ~ By John Egbeazien Oshodi, Ph.D No one doubts that there could be a long-term benefits for all Nigerians from the massive oil price deregulation but the ill-timed manner by which executive decision was made showed poor management style. This leadership blunder has not only resulted in a state of economic and social confusion but it has equally received tensed response to split-minded way with which the government reached its decision. The ineffectiveness behind the fuel subsidy removal order remains clear as evidenced in the people’s painful reactions. Certainly, in an economy like Nigeria which is marked by severe economic gap and class division among the people,...

RiskMap 2012 by Control Risks. The annual review and forecast of business risk for the year ahead. (PRNewsFoto/Control Risks) 5 Dec 2011 11:09 Africa/Lagos 2012 Set for Intensifying Volatility and Unrest PR Newswire WASHINGTON, Dec. 5, 2011 -- Weak economic performance and rising inequality will continue to drive social protest worldwide -- Cyber threats and online social media will become increasingly significant sources of business risk -- Control Risks has identified five countries that offer good investment opportunities in challenging times WASHINGTON, Dec. 5, 2011 /PRNewswire-USNewswire/ -- Control Risks, one of the world's leading business risk consultancies, today launches RiskMap 2012, its annual review and forecast of business risk for the year ahead, including regional outlooks, and a rating of political and security risk in 173 countries. (Photo: http://photos.prnewswire.com/prnh/20111205/DC16711 ) International business faces intensifying volatility in 2012, driven fro...