Monday, October 30, 2017

ICE clamps down on marriage fraud

Some Houston residents have recently been indicted by for their involvement in marriage fraud or what is usually known as arranged marriage for the sole purpose of obtaining USA citizenship.

READ MORE HERE

source: ice.gov

Monday, October 9, 2017

Nigerian industrialist Aliko Dangote shares secret of backward integration

LONDON, United Kingdom, October 9, 2017 - Nigerian Aliko Dangote, Africa's most successful business leader, in the presence of Nigerian vice-president Professor Yemi Osingajo, Congolese presidential hopeful Moise Katumbi, and about 300 business leaders, shared secrets of backward integration at the Financial Times' 4th annual Africa Summit in Claridges, London.

Mastering detailed production statistics and highly-compelling demographics on promising sectors of the African economy, Dangote outlined the key to his success: self-sufficiency and backward integration, a manufacturing strategy that extracts value from entire processes. "We are not going to import anything any longer," he said. "In Nigeria we are learning how to produce the entire value chain." Once a heavy importer of fertilizer, Nigeria is now gearing up to produce 3M tonnes of locally manufactured fertilizer, transforming the nation into one of the largest fertilizer exporters in Africa.

In 2007 Nigeria was the second largest importer of cement after the US, Dangote reminded the audience of business elites. "Today, we have not only satisfied domestic needs; we have become a leading exporter of 6-7M tonnes of cement," he added.


Diversifying into agriculture, Dangote has eyes on the dairy industry motivated by the fact that "98% of all milk consumed in Nigeria is imported." Same for rice.  Dangote Group has invested heavily in rice production by investing in local farmers and then offering to buy back the 1M tonnes at open market prices that they are growing. "Soon we will be able to feed not only Nigeria but the entire 320M large West African market."

Dangote's business accumen was on rare exhibition as FT editor Lionel Barber himself seemed impressed with the business mogul's quick familiarity with the nuts and bolts of his businesses. "Are we going to continue to import everything?" Dangote asked. "Freight rates are now cheap but they will go up soon. A population of over 200M cannot continue to import basic needs on a daily basis," he answered himself.

By 2100 Dangote stated Africa will represent 49% of the world's population, up from 30% today. "If you don't think big we won't grow at all," he said. "In Africa you have to play long-term." Aside from Nigeria, which African nations do you think are good growth opportunities? Barber asked Dangote. "Aside from Nigeria?" the business leader repeated and smiled. "I'd have to pick Nigeria. I am a big fan of Nigeria. We are only using 8% of our land."


From APO Group' Special Envoy to the FT Africa Summit, David Applefield, Claridges, London, October 9, 2017

Saturday, October 7, 2017

Gas station explodes in Ghana

A petrol station in Ghana's capital Accra exploded on Saturday evening, killing an unknown number of people, a government official said.
Footage shows a gigantic fireball lighting up the night sky after the fueling station at Atomic Junction exploded forcing hundreds to flee.   
Deputy Information Minister Kojo Oppong Nkrumah said: 'Unfortunately there are some fatalities and we are working to have the numbers. There are quite a number also injured.'


Wednesday, October 4, 2017

One big Oga don enter yawa

Di fight against corruption for Nigeria don reach another level for Tuesday 3rd October 2017. Dis na because one Federal High Court don jail one former government oga for 40 years because of corruption. Di court say Professor Adefemi Ogunbodede, wey be former Director-General for Institute of Agriculture Research and Training for Ibadan, Oyo State misuse 177 million Naira ($321,429). Na di Economic and Financial Crimes Commission (EFCC), government agency wey dey in-charge of fight against corruption carry case go court come win.


SOURCE: BBC PIDGIN SERVICE