IGNORE BILLIONAIRE PASTORS: NEW YEAR MESSAGE 2017 FROM KWARA HEROS TO THE GENERALITY OF NIGERIANS AND THE WORLD

Hello Dearly Esteemed Nigerians and Global Citizens! 

Kwara Heros wishes to use this moment to say a resounding Happy New Year to you all. We thank God for the opportunity to cross over into the New Year 2017. There has been so many negative and damning predictions concerning Year 2017 from so many quarters. 

The economist believes that Nigeria is in for a hard time in 2017. Some famous Pastors of the Christain faith has predicted famine and difficulty. The reality on ground points towards all the things that are being predicted! However, there is a scripture in the Bible, in the book of first King, Prophet Elijah had just put to death 400 Prophets of Baal. A situation which annoyed Queen Jezebel, their patron. He had experiences with mysterious whirl wind, but the scriptures made it clear that God wasn't in the wind. He experienced so many other strong eye catching phenomenons, but God wasn't there. Alas, the voice of God came. It was a still, quiet voice. 

We urge Nigerians to ignore all the noices being made by so many of our Billionaire Pastors. Pastors whose riches are questionable and ought to form a case file at EFCC. God has spoken with a still, quite and gentle voice. He said "Because the earth is The Lord's and its fulness there of, I The Lord, I am moved to look down upon my people with mercy! Instead of calamity, the world shall know peace and celebration in 2017! Instead of famine, you shall revel in abundance! Instead of sorrow, there shall be joy, for mercy shall be released as my people have come before me in penitance". As many of us that keys into this promise, 2017 will unfold on agenda of joy, peace, prosperity and goodness; by the special grace of God. LET US NOT FORGET TO TALK TO ALL OF US AFRESH! We listened to one of the Tafsir of a highly respected Islamic Scholar, Sheik Dan Boronu. He spoke about the reality of humanity and the earth. 

CBN mops up Naira through Treasury bills before new forex trading

The Central Bank of Nigeria (CBN) sold long-dated Treasury bills at higher yields than the secondary market to mop up naira liquidity before commencement of today’s interbank currency trading, traders said at the weekend.

The CBN sold 205.9 billion naira worth of one-year bills on Friday at 13.5 percent, compared with the secondary market which is currently trading at 10.81 percent, in order to curb speculation.

The excess liquidity prompted the central bank to sell 205.9 billion naira ($1.03 billion) worth of one-year bills on Friday at 13.5 percent, compared with the secondary market rate of 10.81 percent, traders said. The bank had offered 78 billion naira in bills on Thursday.

Facts and fallacies of fuel subsidy

Umana Okon Umana, an economist, is the former governorship candidate of the All Progressives Congress (APC) in Akwa Ibom State. In this piece, he highlights the fallacies associated with the fuel subsidy and what can be done to guarantee regular fuel supply for domestic consumption.

Many boisterous and healthy debates have broken out on social media platforms and, indeed, other fora on the recently adjusted price of petrol. But quite unexpectedly, some of the arguments are grounded in myths. Here are a few and my attempt to burst them.

#FuelSubsidy Response: 5 Glaring Lies In The Vice President

#1 Are Our Refineries Working Or Twerking

VP: “What happened is as follows: our local consumption of fuel is almost entirely imported.”

So what happened to the 3 functioning refineries? Or was it a lie? Reminder:

January 2016: NNPC spokesman Ohi Alegbe said the Port Harcourt, Warri and Kaduna refineries were producing a total of 6.76 million litres of gasoline per day, adding that this was projected to rise to more than 10 million litres per day by the end of January. Source: Reuters Africa