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Nigeria's economy will hit double-digit growth by the end of 2011 or early 2012, the country's finance minister has told the BBC. Olusegun Aganga's prediction comes after the Nigerian economy grew by more than 7% in the first half of this year.

…May Name El-Rufai As DG

There are strong indications that former Minister of the Federal Capital Territory (FCT), Mallam Nasir el-Rufai, may emerge the director general of President Goodluck Jonathan Campaign Organisation which will be unfolded next week. 

Following a powerful 7.1-magnitude earthquake which struck much of New Zealand's second largest city Christchurch early Saturday and caused widespread damage, the authorities has declared a state of emergency.

A Nigerian man has been sentenced to 12 years in prison for sending out fraudulent e-mails offering victims big bucks in exchange for moving cash to the United States. Okpako Mike Diamreyan, 31, was sentenced to 151 months of prison Wednesday by United States District Judge Janet Hall in Bridgeport, Connecticut.

At least 123 criminals, including 39 persons from Benue State who have been convicted to death are waiting for execution at the Federal Prison, Jos Plateau State.

By Anyanwu Jessy

President Goodluck Jonathan of Nigeria may not yet have declared whether he will run or not in the forthcoming general elections due in January, 2011 but a growing number of his supporters are actively campaigning on his behalf.

Israeli researchers have developed a new treatment for HIV that kills human cells infected with the virus and could lead to a breakthrough in treating AIDS, the Haaretz newspaper said on Friday.

…as wealth fund hope to make rating impact

Nigeria’s Finance Minister, Olusegun Aganga said government is planning to remove subsidies on domestic fuel prices within six months after investing in a mass transit system to ease the impact on the poor.

 

By Korieocha Uwa

In an interview with newsmen after delivering a lecture on ‘Culture and Politics’ at the opening of the first international conference on culture organised by the Ondo State Ministry of Culture and Tourism, Nobel Laureate Wole Soyinka, on Thursday urged Nigerians to await the results of 2011 poll before condemning the Federal Government’s approach to making the exercise hitch-free.

By Emmanuel Uwaozuruonye

Following the report accredited to the Lagos State Attorney-General and Commissioner for Justice, Mr. Olasupo Sasore, that the State government had reached no deal with the presidency to release Hamza Al-Mustapha, the former Chief Security Officer to late General Sani Abacha, a group, under the aegis of Movement for the Emancipation of Hamza Al-Mustapha, yesterday in Kano, staged a peaceful protest for the unconditional release of Major Hamza Al-Mustapha.

By Korieocha Emmanuel

Lagos State Governor, Babatunde Fashola on Thursday swore in seven new high court judges. The new judges are Justices Marian Emeya, Ibironke Harrison, Christopher Balogun, Kafeel Dawodu, Latifat Oluyemi, Latifat Folami and Olubunmi Femi-Adeniyi.

Following the payment of the sum of N50 million navigational charges, the Nigeria Airspace Management Agency (NAMA) on Thursday cleared Arik Air to commence flight operations.

 

Israeli and Palestinian leaders agreed Thursday to produce a framework for a permanent peace deal and to hold a second round of direct talks this month followed by regular meetings, a modest achievement reached amid deep skepticism about success at their first such session in two years. 

The world's aid and charity organisations have resolved to again urge governments to pump billions of dollars into the global fight against poverty. Any suggestion that they lacked the resources to do so was a "nonsense", the final day of the United Nations DPI/NGO (Department of Public Information/Non-Governmental Organisation) Conference was told on Wednesday.

Nigeria risks social unrest in the coming years unless the oil-rich nation takes advantage of its resources and creates jobs for its swelling youth population, a report released on Wednesday warned. The report commissioned by the British Council said Africa's most populous nation "could reap an enormous economic dividend in the next 20 years if it creates opportunities for its young people -- but faces a demographic disaster if it fails."

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