Inside Nigeria’s booming fake naira business

The recent disclosure and admittance of the existence of fake naira notes in circulation in the country appears to have justified the populace cry of being duped by cheats. ISIOMA MADIKE, in this report, looks at the truth, debated percentage and gimmicks of the tricksters     This appears to be an unusual times in Nigeria; a time of whistle blowing. So, it was, on February 13, when a former Deputy Governor of Central Bank of Nigeria (CBN), Dr. Obadiah Mailafia, alarmed Nigerians on the existence of a huge percentage…

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NEW YEAR: Our hopes and expectations –Nigerians

In about 12 hours from now, Nigerians would welcome 2017 with great expectations. But, what are the aspirations of the populace for the coming year? The Saturday Telegraph team went to town to sample a diverse opinion on this. In this report, ISIOMA MADIKE, LANRE ODUKOYA and ADEDAYO ODULAJA, capture their views.   Civil Defence deploys 40,000 personnel   Commitment to the war against corruption by also holding those in government accountable Mrs Josephine Effah-Chukwuma (Executive Director, the Project Alert on Violence against Women) As we get into the New…

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STILL A CASE OF EPILEPTIC HEALTH DELIVERY

The health sector in Nigeria in the year under review never fared better than the previous years as healthcare delivery in the country continued to witness what many may described as epileptic with health infrastructure far from adequate just like the personnel as well as issues of regulations and administration, all leading to poor health service delivery with many Nigerians not having access to adequate healthcare. A pointer to the priority the government placed on the health sector was the budgetary allocation to the health sector in 2016, which was…

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ETHNO-RELIGIOUS REVOLTS IN THE PASSING YEAR

Nigeria’s Biafran separatist mutiny The month-long demonstrations by pro-separatist ethnic Igbo youth in South-east Nigeria degenerated into violence. This was as sympathisers to the group protested and blocked the strategic Niger Bridge at Onitsha, Anambra State (linking the predominantly Igbo South-east to western parts of the country). The immediate trigger of the crisis was the October 19 arrest by the Department of State Services (DSS) of Nnamdi Nwannekaenyi Kanu, leader of the organisation known as the Indigenous People of Biafra (IPOB). He was at the time also the director of…

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Faulty foundations THE UNANSWERED QUESTIONS

Cases of building collapse around the country have become worrisome to residents and developers as the various levels of government are equally worried. Though, a building, once properly constructed, according to experts, is expected to be in use for a very long time, this has not been the case in Nigeria. As a result, there have been enormous losses of huge investments in housing, properties and human lives. But who are to blame for these monumental tragedies? DAYO AYEYEMI, in this report, looks at faulty foundations as a component contributing…

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MMM Nigeria: DEATHS, COMMOTION IN BANKS TRAIL PONZI SCHEME FREEZING

It looked trivial when Marodi Mondial Moneybox (MMM) Nigeria sprang up in November 2015. Barely one year into the scheme, the self-income generating platform, as some participants described it, has become so popular it was being advertised in places of work and worship centres. Soon after, the reality seems to be manifesting, as the promoters suddenly announced the freezing of the programme for one month. How have contributors been reacting to this development? ISIOMA MADIKE in this report also sought the opinion of the medics and clerics on the issue…

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CLOSE UP ON BABATUNDE SALAKO: LACK OF FUNDS HINDERS MEDICAL RESEARCH IN NIGERIA

‘Alternative medicine research is an area we’re also interested in’ Professor Babatunde Lawal Salako is the Director General, Nigeria Institute of Medical Research. He speaks with DEBORAH OCHENI about the achievements of the institute, challenges and need to get the private sector as well all the tiers of government involved in research matters in the country. What is the focus of this year’s NIMR retreat? It is a unique occasion where we have the opportunity to review and fashion out what I call a national research agenda for our great…

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