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Thursday, 30 July 2015

Shell Is Cutting Spending; To Sack 6,500 Workers

What happened to all the billions of Dollars they've made from oil fields in Nigeria for several years?

Shell petroleum development company, SPDC, says it will axe 6,500 workers this year and begin a process of cutting spendings, to deal with an extended period of lower oil prices in the global market.

Shell wants to sack 6,500 staff and direct contract workers from a total of nearly 100,000 employees.

“We have to be resilient in a world where oil prices remain low for some time, whilst keeping an eye on recovery,” said Ben van Beurden, Shell's Chief Executive Officer.

Besides, the company announced on Thursday in London the sale of a 33 percent stake in the Showa Shell refinery in Japan to Idemitsu, for about $1.4 billion.

The Anglo-Dutch company also said it was planning more asset disposals, bringing total asset sales between 2014 and 2018 to $50 billion.

Lower oil prices have contributed to a 37 percent drop in the oil and gas group’s second-quarter profits. And the group said it would reduce 2015 capital investment for the second time this year to $30 billion by 20 percent from a year ago.

Big oil companies have cut 2015 spending by 10 to 15 percent from 2014, to cope with fall in oil prices over the past year to below $55 a barrel from over a $100.

Shell said its operating costs were expected to fall by $4 billion, or around 10 percent, in 2015 as part of a broad efficiency drive to boost its balance sheet.

Buhari's Government Goes After ‘Super Rich’ Civil Servants

This is one move I have been expecting to happen, especially in Abuja where some civil servants have as much as 20 different buildings, charging exorbitant rents for houses they built with stolen funds.

Federal Government’s anti-corruption operatives have been sent after ‘super rich’ public officers who have multiple properties and other assets suspected to have been the rewards of corrupt activities.

"Those civil servants living a life beyond their means, their lifestyles are under watch. People are monitoring them, whistle-blowers are writing petitions and the Assets Recovery Unit is following up on them."

According to Punch, the searchlight of the anti-corruption agents was on civil servants that possess many properties in the Federal Capital Territory, Abuja.

Operatives in the Assets Tracing, Recovery and Management Unit of the ICPC had been asked to haul in suspects for interrogation and recovery of ill-gotten assets in their possession.

An operative at the ICPC, confirmed the development.

Although the source did not mention the number of civil servants that had been quizzed in relation to the new move to check fraud in the civil service, it was learnt that several personnel of the civil service had been placed under watch by the ICPC.

Any civil servant found to have compromised his office to acquire wealth would be charged to court after the proceeds of the corrupt acts would have been confiscated by the Federal Government.

PHOTOS: Boko Haram's Secret Supply Routes Busted

The Nigerian Air Force (NAF) through its intensified and persistent efforts in the ongoing fight against Boko Haram Terrorists (BHT) has intercepted over 4,000 drums and jerry cans of petroleum products and other smuggled items.

The items, suspected to be supplies meant for Boko Haram Terrorists, were confiscated from the smugglers in Pepe, Dashin-Hausa, Belel Bilachi, and Konkul villages located along the Nigeria-Cameroon Borders on Tuesday, 28 July 2015.

The NAF was able to achieve the recent feat through its air patrol activities, covering both land and water, along the Nigeria-Cameroon boarders.

The NAF has continued to identify and destroy BHT camps and resupplies by employing surveillance and combat aircraft. Intelligence gathered revealed that these efforts have greatly strained the supply efforts of the BHT.

Air Commodore Dele Alonge
Director Public Relations and Information
Nigerian Air Force

Dino Melaye abandons Senate, Turns Saraki Wife's Bodyguard

For the second day running, Senator Dino Melaye, who used to shout on the top of his voice over corruption, abandoned his duties as a senator to escort Bukola Saraki's wife, Toyin Saraki, to the EFCC where she is facing interrogation for allegedling stealing Kwara State funds. More photos...

Actress Rukky Sanda In Bikini, Flaunts Her Bod

Beautiful Nollywood actress Rukky Sanda who is known for teasing her fans with her bikini bod online has done it again, leaving the fans asking for more. Check out more of her bikini photos...

Lagos Wife Files for Divorce: My Husband Is Denying Me Sex

A 40-year-old woman, Mrs Adeolu Adelani, has pleaded with an Igando Customary Court in Lagos State to dissolve her 14-year-old marriage over denial of s*x.

The troubled wife cried out: ”For eight years now, my husband, Jide, has refused to make love to me. My husband has been denying me s*x since eight years now, I am neither a stone nor a stick.”

The petitioner also accused her husband of abandonment, saying that he deserted her and her 12-year-old child to an unknown destination since 2013.

“Jide parked out of the house without telling me, he refused to tell me where he lives and where he works. He only sends his son’s school fees and house rent through my bank account,” she said.

Adeolu said that her husband told her to stop calling him as he had married another woman. She said that her husband told her to find another husband.

“My husband told me that he is married to another woman, when I called him to know why he abandoned us without any prior notice or reason.” Adeolu, a mother of one, said that she was always sad anytime her neighbours made jest of her, by calling her rejected and abandoned property.

She begged the court to dissolve the marriage as she was no longer interested in her husband.

However, Mr Jide Adelani, 45, a businessman, accepted the allegation of starving his wife of s*x. He said that he refused to make love to her because he did not want her to have another child as their last child almost took her life.

“She gave birth to our son through cesarean; I don’t want to risk her life, that was why I distanced myself from her so that she should be taking care of the child,” he said.

The respondent said that he did not abandon his wife, but decided to move closer to his working place due to distance. I did not abandon her, I always squat with my friends and I come home once in a while.”

He said that he processed documents to travel abroad and he was duped. Jide claimed his wife was happy that the journey was not successful.

The husband conceded to the dissolution of the marriage, saying he was also fed up with the union.

After listening to the troubled couple, the president of the court, Mr Hakeen Oyekan, adjourned the case till Aug. 12 for judgment.

Wednesday, 29 July 2015

Broke? Tyga facing eviction after falling behind 2 months rent on his house

Well, his girlfriend just bought a $2.7m home so he has a place to go to if he's evicted. According to TMZ, Tyga's landlord has given him until Saturday to come up with $50,000 or he has to get out.

"Tyga's being sued by his landlord for failing to pay two months rent on his house in posh Calabasas. The pad rents for $25k/month ... and the landlord says he's behind that amount times 2. If Tyga doesn't fork over the loot by Saturday, the landlord will go for eviction and charge him $833.33 a day in rent."

Fun fact: this is the house where Tyga lived with Blac Chyna ... so she's named as a defendant too.

Just last month, Tyga was ordered to pay $80,000 in back rent to another Calabasas landlord. We have reached out to Tyga's lawyer for comment ... so far no word back.