Thursday, 21 June 2018

South-East senators, IYC, CACOL reject budget cuts

John Ameh, Sam Awoyinfa, Olaleye Aluko, Leke Baiyewu and Theophilus Onojeghen

The South-East Caucus in the Senate, the Ijaw Youth Congress, the Centre Anti-Corruption and Open Leaders and an Afenifere chiefrain, Femi Okurounmu, have opposed the alterations made by the National Assembly to the 2018 budget.

While the South-East caucus faulted the reduction in the funds allocated for the Second Niger Bridge and the Enugu Airport projects, CACOL said the National Assembly did not follow due process.

The IYC, on its part, berated the lawmakers for cutting budgetary allocations for  the Nigerian Maritime University, Okerenkoko, and the East -West Road projects.

Enugu airport, 2nd Niger Bridge votes manipulated – S’East senators

The Senate South-East Caucus expressed surprise over the slashing of the N2bn allocated to the Enugu Airport Terminal to N500m.

The Chairman, Senator Enyinnaya Abaribe, told journalists in Abuja on Thursday that members of the caucus were shocked to hear that the initial amount, which was jointly adopted by the Committees on Aviation at the Senate and House of Representatives, had been reduced.

Abaribe, who is representing Abia South Senatorial District, said an emergency meeting by senators from the South-East had been called to unravel who made the cut and at what point was it made.

The lawmaker, who is the Chairman of the Senate Committee on Power, Steel Development and Metallurgy, said the caucus was set to meet to find out what went wrong especially at what point the cut in the allocation was made.

He pointed out that budget documents were verifiable and “we are committed and determined to find out who made the cut.”

The senator recalled that the South-East lawmakers lobbied for the allocation to the airport to be increased to N3.5bn but were told by the Ministry of Aviation that it had an envelope budgetary plan, which would not allow an increment beyond the N2bn.

Abaribe alleged that N30bn was smuggled into the power budget without his committee’s knowledge.

According to him, the money was listed for expansion and re-enforcement of infrastructure in the distribution companies to reduce stranded firms.

The allocation, he said, “never passed through the Senate Power committee.” He asked, “Where did such huge sum of N30bn come from?”

“Let the Budget Office and other relevant bodies conduct a self-examination. Such self-examination will go a long way to clear certain grey areas,” Abaribe stated.

He added, “In the case of the Enugu Airport Terminal and the Second Niger Bridge, we want to find out at what point the cut was made.”

Abaribe said members of the caucus were collectively agitated. According to him, the geopolitical zone, which hardly receives a fair share of the national projects, had the little that came its way reduced.

He stated that no right thinking Igbo man would support slashing of allocation to projects in the South-East.

The IYC  said the National Assembly showed that it was  selfish by reducing the budget allocations to  developmental projects including the Nigerian Maritime University, Okerenkoko and the East-West Road,  and increasing its allocation.

IYC noted that a similar reduction in allocations to developmental projects  was done under the administration of former President Goodluck Jonathan. This,  it  stated,  led to the non-completion of the East-West Road.

The IYC, in a statement on Thursday by its President,  Mr.  Eric Omare, described the reduction in allocations to major projects as retrogressive.

Omare, “We consider the action of the National Assembly as insensitive and retrogressive to the development of the country. It is utter selfishness for the National Assembly to reduce funds allocated to key developmental initiatives and increase its budget.”

He recalled  the establishment of the Nigerian Maritime University, Delta State was one of the agreements reached between the leaders of the Niger Delta  and the Federal Government to ensure peace in the region.

Omare stated that it was in furtherance of the agreement that N5bn was budgeted for the establishment of the university.

The youth leader called on President Muhammadu Buhari to immediately send a supplementary budget to the National Assembly to enable it to  correct the anomaly  in the interest of  the Niger Delta.

He said, “The IYC is compelled to ask if the members of the National Assembly were elected to serve the interest of the generality of Nigerians or their personal interest.  There is no single reason why members of the National Assembly would reduce funds allocated for key projects such as the Maritime University, East- West Road, Mambilla Power Project and the completion of Enugu International Airport  and increase their own budget. This is to say the least condemnable.”

 N’Assembly’s action fraudulent, says Okurounmu

Wednesday, 20 June 2018

Republicans turn on Trumps separation of migrant children at border, as White House scrambles to defend policy

Leading Republicans have admitted they are outraged by Donald Trump’s migrant family separation policy, as the White House continues to defend a scheme which has seen 2,000 children taken from their parents and thrown in what appear to be holding cages at the Mexican border.

Senator Lindsey Graham said the president could stop the misery “with a phone call”.

Speaking on CNN, he appeared to challenge Mr Trump’s moral authority: “If you don't like families being separated, you can go tell DHS [Department of Homeland Security] stop doing it.”

Senators John McCain, Ben Sasse, Susan Collins and James Lankford also spoke out as fury continues to grow across the US.

Former presidential candidate Mr McCain tweeted to say the policy was “an affront to the decency of the American people, and contrary to principles and values upon which our nation was founded.”

Mr Sasse was blunter. “Family separation is wicked & needs to be stopped,” he said in an online statement.

But today, the White House appeared ready to come out fighting in defence of the “zero tolerance” policy.

Kirstjen Nielsen, secretary of homeland security, has been flown from New Orleans to Washington to face down criticism.

On Monday, she effectively blamed immigrant parents attempting to cross into the US illegally for the crisis.

“This administration did not create a policy of separating families at the border [but] …parents who entered illegally are by definition criminals,” she said.

“By entering our country illegally, often in dangerous circumstances, illegal immigrants have put their children at risk.”

She added: “Here is the bottom line: DHS is no longer ignoring the law. We are enforcing the laws as they exist on the books.”

During the West Wing briefing, she appeared to ignore a reporter who played an audio reco

GOP Strategist Quits Corrupt Party Of Feckless Cowards, Will Vote For Democrats

Veteran GOP strategist Steve Schmidt renounced his Republican Party membership on Wednesday and pledged to vote for Democrats in an effort to preserve “what is right and decent” in the United States.

In a series of scathing tweets, Schmidt blasted the GOP as “corrupt, indecent and immoral” and “fully the party of Trump.”

“It is filled with feckless cowards who disgrace and dishonor the legacies of the party’s greatest leaders,” tweeted Schmidt, an MSNBC political analyst who has been an outspoken critic of President Donald Trump. “Today the GOP has become a danger to our democracy and our values.”

29 years and nine months ago I registered to vote and became a member of The Republican Party which was founded in 1854 to oppose slavery and stand for the dignity of human life. Today I renounce my membership in the Republican Party. It is fully the party of Trump.

— Steve Schmidt (@SteveSchmidtSES) June 20, 2018
It is corrupt, indecent and immoral. With the exception of a few Governors like Baker, Hogan and Kasich it is filled with feckless cowards who disgrace and dishonor the legacies of the party’s greatest leaders. This child separation policy is connected to the worst abuses of

— Steve Schmidt (@SteveSchmidtSES) June 20, 2018
Humanity in our history. It is connected by the same evil that separated families during slavery and dislocated tribes and broke up Native American families. It is immoral and must be repudiated. Our country is in trouble. Our politics are badly broken. The first step to a

— Steve Schmidt (@SteveSchmidtSES) June 20, 2018
Season of renewal in our land is the absolute and utter repudiation of Trump and his vile enablers in the 2018 election by electing Democratic majorities. I do not say this as an advocate of a progressive agenda. I say it as someone who retains belief in DEMOCRACY and decency.

— Steve Schmidt (@SteveSchmidtSES) June 20, 2018
On Ronald Reagan’s grave are these words. “ I know in my heart that man is good. That what is right will always eventually triumph and there is purpose and worth to each and every life.” He would be ashamed of McConnell and Ryan and all the rest while this corrupt government

— Steve Schmidt (@SteveSchmidtSES) June 20, 2018
Establishes internment camps for babies. Everyone of these complicit leaders will carry this shame through history. There legacies will be ones of well earned ignominy. They have disgraced their country and brought dishonor to the Party of Lincoln.

— Steve Schmidt (@SteveSchmidtSES) June 20, 2018
I have spent much of my life working in GOP politics. I have always believed that both parties were two of the most important institutions to the advancement of human freedom and dignity in the history of the world. Today the GOP has become a danger to our democracy and values.

— Steve Schmidt (@SteveSchmidtSES) June 20, 2018
This Independent voter will be aligned with the only party left in America that stands for what is right and decent and remains fidelitous to our Republic, objective truth, the rule of law and our Allies. That party is the Democratic Party.

Sunday, 17 June 2018

Crisis in Bwari: Again, FCTA imposes indefinite curfew on Bwari Town

Bwari (Abuja)—The Federal Capital Territory Administration, FCTA, said, yesterday, the 6 am to 6 pm curfew imposed in Bwari town in the territory, would remain until further notice. According to a statement by Special Assistant to the Minister on Media, Mr Abubakar Sani, the earlier 8 p.m. to 6 a.m. curfew imposed in the town on Saturday ended yesterday,

The FCTA noted that it was deeply concerned over attempts by

“some miscreants to reincarnate the December 25th, 2017 crisis in Bwari Area Council.

“Reports reaching the administration indicate that some of the miscreants took advantage of the on-going Eid-el-Fitr celebrations to launch attacks on innocent residents of the town on Saturday June 16. “Fortunately, the security agencies immediately swung into action and have since brought the situation under control. For the avoidance of doubt, the FCT Administration shall not condone any attempts by any group of persons to precipitate the breakdown of law and order in Bwari Area Council or indeed any part of the Federal Territory.

“As you are already aware, following the December 25 crisis, a 6pm to 6am curfew was imposed on Bwari but was relaxed to 10pm to 6am after a satisfactory assessment of the situation and return to normalcy. “However, this renewed attempt to disturb the peace of the town, calls for stringent measures in order to protect lives and property as well as forestall the breakdown of law and order.

Thursday, 14 June 2018

Herdsmen killed 230 Tiv farmers - Nigerians are suffering

About 230 Tiv farmers have been reportedly killed by gunmen suspected to be Fulani herdsmen in Doma, Keana, Awe, Obi and Lafia local government areas of Nasarawa State.

The interim President of Mdzough Tiv, a social-cultural organisation, Nasarawa State chapter, Mr Thomas Gaar, revealed this on Thursday at a press briefing in Lafia, the state capital.

He said, “Our farms and farm produce are devastated and currently in shambles. Our farms have become death traps as they are tagged ‘No go areas.’ The armed Fulani herders hunt the Tiv man on hourly basis even more than wild animals,” he claimed.

The Mdzough Tiv leader stated that the destabilization of the Tiv communities had negatively affected the social and political status of the Tiv in the state.

Tuesday, 12 June 2018

Oprah Winfrey reveals what happened when Meghan Markles mom stopped by her house

It's no wonder that Oprah Winfrey was among the guests at the royal wedding of Meghan Markle and Prince Harry, who are now the Duke and Duchess of Sussex.

The television magnate had spent some quality time relaxing with the the duchess' mother, Doria Ragland, ahead of the big day. Winfrey, 64, dished all about that afternoon, shutting down rumors that she was showering Ragland with gifts in hopes of getting an exclusive interview with her. "The story was that Meghan's mom had come to my house and she left laden with gifts," Winfrey told Entertainment Tonight at the Los Angeles premiere of "Love Is__" on Monday night. Mara Brock Akil's newest TV series, "Love Is__," premieres June 19 on OWN. "You ...

Texas Teacher Sentenced for S3x with Her 15-Year-Old Student While Pregnant

A Texas middle school teacher has been sentenced to prison for having s3x with her 15-year-old student — including when she was pregnant, PEOPLE confirms.

Katherine Harper had a months-long s3xual relationship last year with a student she met at Tidwell Middle School in Roanoke, where she’d been an English teacher, cheerleading coach and tennis coach, police said when she was arrested in April 2017. At the time of her arrest, she was eight months pregnant, but it was unclear whether the teen was the baby’s father.

Harper, 28, pleaded guilty to one count of s3xual assault of a child and one count of having an improper relationship with a student, PEOPLE confirms.

On Thursday, she was sentenced to six years in prison and 10 years probation.

• Want to keep up with the latest crime coverage? Click here to get breaking crime news, ongoing trial coverage and details of intriguing unsolved cases in the True Crime Newsletter.

Trump, Kim sign agreement after historic summit but few specifics

SINGAPORE (Reuters) - U.S. President Donald Trump and North Korean leader Kim Jong Un pledged on Tuesday to work toward complete denuclearization of the Korean peninsula while Washington committed to provide security guarantees for its old enemy.

But a joint statement signed at the end of their historic summit in Singapore gave few details on how either goal would be achieved.

"President Trump committed to provide security guarantees to the DPRK and Chairman Kim Jong Un reaffirmed his firm and unwavering commitment to complete denuclearization of the Korean Peninsula," said the statement.

DPRK is the Democratic People's Republic of Korea, the formal name of North Korea.

Trump said he expected the denuclearization process to start "very, very quickly". U.S. Secretary of State Mike Pompeo and North Korean officials would hold follow-up negotiations "at the earliest possible date", the statement said.

Political analysts said the summit had yielded only symbolic results and nothing tangible.

"It is unclear if further negotiations will lead to the end goal of denuclearization," said Anthony Ruggiero, senior fellow of Washington's Foundation for Defense of Democracies think tank. "This looks like a restatement of where we left negotiations more than 10 years ago and not a major step forward."

The document also made no mention of the international sanctions that have crippled North Korea's economy for pursuing its nuclear weapons program.

Nor was there any reference to finally signing a peace treaty. North Korea and the United States were on opposite sides in the 1950-53 Korean War and are technically still at war, as the conflict, in which millions of people died, was concluded only with a truce.

But the joint statement did say the two sides had agreed to recovering the remains of prisoners of war and of those missing in action and repatriating them.

China, the third party to the truce, said it hoped North Korea and the United States could reach a basic consensus on denuclearization.

"At the same time, there needs to be a peace mechanism for the peninsula to resolve North Korea's reasonable security concerns," China's top diplomat, State Councillor Wang Yi, told reporters in Beijing.

If the joint statement does lead to a lasting detente, it could fundamentally change the security landscape of Northeast Asia, just as former U.S. President Richard Nixon visit to Beijing in 1972 led to the transformation of China.

But Li Nan, senior researcher at Pangoal, a Beijing-based Chinese public policy think tank, said the meeting had only symbolic significance.

"It is too early to call it a turning point in North Korea-U.S. relations," Li said.


Sunday, 10 June 2018

10 ways to speed up your Android smartphone

Android smartphones are blazing fast these days with processors, RAM and storage type working in conjunction to make everything snappy. However, often with time, many of them slow down as more ‘junk’ keeps getting stored in the form of cached data, unused files and folders. As a solution, most of us download an Android anti-virus app that does the job in a single tap. But, what if we told you that there were multiple ways you could speed up your Android smartphone. Read below to find out from

Clean the home screen

Cleaning up the home screen will help bring down the stutters. Keeping a live wallpaper with widgets for weather, news and other such constantly updating apps, may result in lags often as all of them are refreshed as soon as you unlock your smartphone. It is the case with keeping multiple windows on the home screen.

Enable ‘Data Saver’ mode

Enabling the ‘Data Saver’ option in the Chrome browser will also help you surf without waiting much as it compresses the page, using less data and loading pages faster. Here you could be sacrificing on the image and video quality a bit. In addition, data speed matters here.

Switch off auto-sync

Most of the smartphones these days have this particular option in the Settings app. You can simply head there to look at the apps that really need to be auto synced in the background. You can select the ones you think you don’t need auto syncing for and turn off the auto-sync option

Task killers actually make apps slow

Task killing apps actually make it slow for apps to start. This is because some of the apps are managed better by Android when they are left midway in the background. When task killers shut down an app that is running in the background, booting them from the start takes more time. It also takes more battery.

Overclock the smartphone processor

If you know how to root your Android smartphone and have a good overclocking app in place, then get ready to witness a snappier UI experience. However, some of the caveats here include overheating of smartphones and faster battery drain.

Clear the cached data

This is perhaps the most common method of clearing out junk files and making the smartphone quick in certain tasks. You get many apps for this and some smartphones even have an inbuilt phone manager with this feature.

Put an end to apps running in the background

You can also deactivate some of the apps that are running in the background. Clearing apps that you won’t use anytime soon will free up RAM and the load on the processor, giving a thrust and fluid performance to other active apps. You get several third-party apps for this as well.

Try installing a custom ROM

If you are a pro and have a good amount of experience on rooting a smartphone, try installing a custom Read-Only Memory. With this, you can’t just get hold of the latest features but also the newest version of Android version even after your device doesn’t support it.

Keep the operating system version up to date

If your smartphone is still in the official OS upgrade cycle, do install the latest version whenever the original equipment manufacturer rolls it out. This keeps the bugs from the previous version away and brings several fixes and optimisations to keep the device snappy and non-laggy.

If nothing works, factory reset is the way to go

This is your last resort. If you are not familiar with rooting, your device is no more in the official Android OS update cycle, and you don’t want third-party apps to clear date for you, perform a factory reset. The option can be found in the Settings page. Make sure you backup everything before doing a factory reset.


How to chat with your friends on YouTube

Every Now and then, you come across something on Google’s video sharing platform YouTube that you want to immediately share with your friends. However, did you know that there is also an option to chat while watching a video? This means you need not exit your YouTube app to chat or send an important message to someone. Here is a step-by-step on how you can do this according to

Actress Dakore Akande reveals dreadlocks struggle

Nollywood veteran actress Dakore Akande has revealed the struggles she went through during the course of her dreadlocks journey.

Akande, who wore long dreadlocks for 13 years until 2011, opened up during the third edition of the African Hair Summit held in Abuja on Saturday.

Akande, who is an envoy of the summit, came into limelight with the 2002 film ‘She Devil’ and currently plays one of the

 lead characters in hit TV series ‘Fifty’. She revealed that at the time she had the hairstyle, only few other people had the courage to do same,

 adding that people thought she had mental issues or was possessed with a marine spirit, which were stereotypical for people with dreadlocks.

 She added that she still went on to carry the hairstyle because she was influenced by the length and beauty of late reggae legend Bob Marley’s hair.

Thursday, 7 June 2018

28 years old man hacks into banks app, steals N207 Million

Lagos—A 28-year-old suspected fraudster, James Nwagalezi, was yesterday, arraigned before a Lagos Magistrate’s Court for allegedly conniving with Okoli Nmesoma, already facing trial, to hack into the mobile app account of Eko Bank Plc and unlawfully withdrew N207 million.

Nwagalezi is facing a four-count charge bordering on felony to wit unlawfully hacking into bank account and stealing, preferred against him by the Police.

Police prosecutor, Inspector Jimoh Joseph, told the court that the defendant and others still at large committed the offence on April 27 at Igboelerin, Okokomaiko, Ojo, Lagos.

He said The management of the bank at its headquarters in Lagos reported the fraud to the Divisional Police Officer, DPO, in charge of Ikoyi Division, SP Tijani Mustapha, who directed a crack team led by Inspector Tope Ijatuyi to fish out the suspects.

He added that “Nwagalezi was arrested after several months of manhunt. His arrest brings the number of suspects arrested and charged to court to six. The Police are still hunting for more suspects involved in the alleged fraud.”

According to the prosecutor, the offences are punishable under Sections 411, 387, 287 and 325 of the Criminal Laws of Lagos State, 2015.

Wednesday, 6 June 2018

PDF Convert Free Review: Free Online Service to compress PDF

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How Much Money do Instagram Models Make?

Instagram (and other social media) stars make money by promoting or endorsing a product you don't realize is being promoted or endorsed.


The FTC recently sent a letter to 90 social media influencers to be more transparent and conspicuous about the brands they're promoting.

What started as innocent product placements in celebrity selfies, quickly turned into a money making machine hawking ads at unsuspecting consumers.

Top influencers can command $300,000 per YouTube video. Even a so-called micro-influencer can make a decent living working sponsored content into their social media diet, according to Captiv8's data. An Instagram user with 100,000 followers can command $5,000 for a post made in partnership with a company or brand.

Brands pay influencers big bucks to pose with their products in obvious and sometimes not so obvious ways.
Here's an obvious product plug;

The application of instagram is already one of the applications that includes a huge number of users from all over the world, the number of which in the latest statistics of more than 500 million active users.

Therefore, it has fertile ground for marketing services and products. So it creates new ways to profit. Imagine with me that you have an account on an intrest that is interested in a specific niche and your followers are 100 thousand followers. Will inevitably become a target for a group of start-ups that want to market their products. You can only pay more than $ 100 to post an advertising ad (s) on your account in order to promote their product or services. It’s really a profitable deal. Yes, of course it is. But before you do this, you must first make a good effort to make your account one of the most popular and interactive accounts with Instagram!

What should I do to start earning from Instagram!

OK . What you should do to start earning profit from an instagram application. It is first of all to think of an area where a large segment of the users of this application are interested and make them follow new. Then go directly to Instagram application, either to the source of the Web or the application itself, and create a new account. Then start publishing photos and videos related to the domain you have chosen with respect to copyright. This is done on a regular basis. So that you gain the greatest number of followers

This same applies to all the stars or models or celebs (pseudo) on Instagram.

It gets easier as you get more followers(1000s). There are these celebs who have followers more than a million, exactly not 100,000 but 1,000,000 followers. I will tell you about an Indian actress who is pretty popular but still nothing in compared with Selena Gomez, Christiano Ronaldo, Kylie Jenner (100 million + followers).

She is Katrina Kaif. (She is actually the 11th most popular Indian Celeb, this number might vary as the followers keep on increasing every second). She has 11.1 million followers on Instagram, which is quite low as compared to her popularity in India, and that is because still most of the Indians don't use Instagram.

Instagram in India is treated like a premium Social Networking site over the likes of Facebook & Twitter. Also, some are not even aware of Instagram as popularity of its parent company Facebook is too high, where India has more 250 million users.

Recently(31st May,2018) she posted an Instagram story :

Exactly, she looks very pretty in those glasses right. Next thing what do you notice is she has tagged the company where she bought it from. Specially some fan boys and girls who think they look like Katrina, or even admire her for her fashion sense would want to get hold off those cute specs.

That's it, Katrina has done her job, she is gonna get paid in millions (not Dollars but Rupees) for the post.

Now you will ask why so much, let's see some stats

Followers : 11.1 million

Profile Viewers : More than 11.1 million

Average Likes per Post : 800k to 1 million

Average Views per Video Post: 1.5 to 2 million

Assuming the same viewership for her Instagram story, this story was viewed by around 1.5 to 2 million of her followers at the least.

The celebs get money on the amount of people they influence, the reach of the sponsored content.

In this case, Katrina would be reaching more 1 million followers, even if the Cost per Impression is 1 Rs she is making 15-20 Lakhs (1.5 to 2 million) for just 1 single Instagram story.

I hope you have got the answer.

Next time if a cute 6 year old niece of yours says she wants to become an Instagram celeb please encourage her, she might make more money by 1 single post than you would be make in an entire month(if not year).

How do Instagram stars( My deifintion of Instagram stars are those with huge, huge, huge number of followers)?

SIMPLE!!! By having sponsored videos, being ambassadors for their products, including the products name more often in their Instagram page.

Here I am not going to discuss about those huge celebrities like Selena Gomez or Justin beiber or stars with like millions of followers. They however will be associated with some or the other brand as brand ambassadors getting paid for using their products or brands wherever they be.

Let's discuss about the common people who make funny videos, vines, make up tutorials or who have a YouTube channel.

I am attaching a link to an Instagram profile video where the person is just a common man who made vines and gained huge number of followers and later looking at the number of followers, he got paid for having a sponsored video on his page. The link is

Other way is an indirect way of earning money. You might have come across few YouTube channels where people ask you to follow their Instagram channel, this is just to make sure whenever they post a video they also post a small clip or photo telling that they have posted a video on their channel and usually users check Instagram more often and they would get to know that there is video posted and you would go to check out the video and YouTube has its own way how people earn money from YouTube.

And sometimes people who have gained huge number of followers due to their talent of dancing or acting or making vines get opportunities to perform live or in movies etc etc. This is one possibility which could happen if your talent matches with that one person who needs people like you and you might come under his radar due to your large number of followers.

Hope it answers your question and clears all your doubts.


Ronaldo earns a staggering £308,000 per Instagram photo.

That’s Rs.2,75,18,197 per single photo. It's just an average and imagine the ceiling amount!

How? Basically this guy have 127m folowers. Some of the endorsements are based on the projection of views his posts can reach where as some of them are based on the likes which can be a addon in certain cases.

Let's scroll through some of the products that he endorsed by posts. Apart from the endorsements, he even has his own clothing line and hotel chains. Just look at the amount of likes these posts are generating. And you can calculate by yourselves that how much money they can make. You also can see the text under his name ‘Paid partnership with X’. That pretty much sums it about .

Athletes with large social media followings offer a huge benefit for their endorsement partners. Cristiano Ronaldo generated $176 million for his sponsors in the 12-months ending in June for the mentions and hashtags in his social media posts last year, according to data from Hookit, which tracks sponsorship value in social and digital media. The hefty tally doesn't include logo image recognition in Ronaldo's posts.

Also his primary sponsor is Nike, so for every photo he posts with the Nike merchandise will also generate money for him based on his contracts (logo image recognition). Even posts like this,

And he started from this,

PURE HARDWORK. Well deserved!

The application of instagram is already one of the applications that includes a huge number of users from all over the world, the number of which in the latest statistics of more than 500 million active users. Therefore, it has fertile ground for marketing services and products. So it creates new ways to profit. Imagine with me that you have an account on an intrest that is interested in a specific niche and your followers are 100 thousand followers. Will inevitably become a target for a group of start-ups that want to market their products. You can only pay more than $ 100 to post an advertising ad (s) on your account in order to promote their product or services. It’s really a profitable deal. Yes, of course it is. But before you do this, you must first make a good effort to make your account one of the most popular and interactive accounts with Instagram!

What should I do to start earning from Instagram!
OK . What you should do to start earning profit from an instagram application. It is first of all to think of an area where a large segment of the users of this application are interested and make them follow new. Then go directly to Instagram application, either to the source of the Web or the application itself, and create a new account. Then start publishing photos and videos related to the domain you have chosen with respect to copyright. This is done on a regular basis. So that you gain the greatest number of followers

*NOT AN EXPERT, but my opinion anyway*

Followers are important, but the key metric is engagement. This is where your money is.

Have you ever noticed how one spot in the mall always has a new store in it? Or that one shop that has a worker on their phone 90% of the day because nobody goes into the store? Malls have “traffic”. Malls have “Followers”, but unless these people “engage” with a store (buys product, signs up for member card, ect.), the mall eventually falls.



These people use followback, follow4follow, share4share, and other tags like this to boost their channels quickly. It does work and you end up with people at the mall, and you’ll get some purchases, but all you did was game the system and trust me, this doesn’t scale because eventually companies and promoters are going to catch wind of this and stop doing business with people like this. I believe YouTube’s algorithm already penalizes videos that use growth hacks like this. Other things like contests, mass liking ploys and such also fall into this list, but with some exceptions.


The way the BIG stars make money is Engagement. People actually talking and having conversations around their topics. These stars understand growth metrics centered around organic communities that are strong because the content is strong, Not because they were forced to follow them to win an X Box or they were promised they would be followed in return.

You want people that actually care because the content and product are amazing. You don’t want just mindless drone foot-traffic like in the mall. Companies understand this and will pay for it.

*MY $0.02*

Social sites like Twitter & Instagram will not only makes you a famous icon, but apart from this, they can also make you rich.

Popular Twitter & Instagram user sign a bond with brands through marketing agencies. According to that bond, user have to promote a brand or more through posts and pics on their social networks, it is totally upto them how they promote a brand, directly or indirectly. And in return they get paid for promotional tweets and posts.

It is not only for popular icon and stars, anybody with at least 50 followers, 100 tweets and 60 days old account can earn money for promotional tweets,

1. Advertising

Once you have grown your page, you have the power to influence your followers and inspire them.

To be able to advertise on you page, you should at least have 10K followers (preferably a lot more) since brands usually looks for working with bigger pages.

What advertising means is that you contact brands that sells products relevant to your page’s niche and ask them if they would like to advertise on your page. You then post a photo of that brands products and tell your followers to check them out and/or start following their page by simple mentioning them @.

There are lots of factors that plays a part in how much you can charge such as niche, followers and engagement so it is impossible to tell you how much you should charge.

Bonus tip: contact Instagram pages similar to yours and ask them how much they charge for a post on their page. By doing so, you can learn more about what your competitors are taking and get a better understanding of how much you can charge.

Once you’ve grown your page to a lot of followers, it is more common that brands will contact you asking for your advertising rates but if you have a smaller page, you have to do the work of contacting brands if you are looking to build your Instagram millions in the beginning.

2. Affiliate marketing

All of these tricks on How to Become a Millionaire With Instagram requires you to have a somewhat decent following as mentioned above and there is no difference with this one.

Affiliate marketing through Instagram is a common and often easy way to start making your millions- especially if you have a large following.

There are many ways in which you can do this but the most common is that you make a deal with a company to get your own discount code which your followers can use to get let’s sat 10% off when shopping. When a product is sold with your personalized discount code, you will then receive 10% of the products’ price.

The other way is that you get an affiliate link that you can put in your Instagram bio and then advertise the product that you are making a cut of when sold.

If you can sell a lot of products, then this way can result in some serious money and this is also the way some Instagram millionaires have made their fortune.

3. Open Your Own Online Store

How to Buy Domain names from

Garanntor has become the best place to get Web Hosting, Domain Name or vps. Garanntor recently gave most of it customers some free coupon code  to use for any of it product  and it was an amazing time for some webmasters here in Nigeria and abroad.

Today we are going to be teaching you how to buy domain name from with some simple and easy steps. Just follow it carefully and if you have any issue integrating it to your blogger blog let us know.

Step 1
First you need to navigate to either or on your browser.

Step 2
Now login to  your account or if you don't  have an account  just click on "Register" button at the top.

Step 3
Now "Login" to your account if you already gave an account  and click on "Products " tab at the top.

Step 4
Then a drop down list  will display  just click on "Register  Domain".

Step 5
Now search for your  domain name using a given to you and if it is available you will get a congratulation message.

During  this process if you have any coupon code given to by garanntor you can insert it to a little  box at your right below and get some instant discount for any domain name you are buying.

Step 6
Now if you are buying this domain name for a year  then just click on "Add Domain".

How to Buy Cheap Domain names from

Step 7
On this page all you need to do now is to click on the two check box you see in the image below but if you want to get the ID protection you can just click the check box too it will cost you.

How to Buy Cheap Domain names from

Step 8
Click on "Next Step".

How to Buy Cheap Domain names from

Step 9
Now a page with your contact  details will display just move your mouse down and click on any payment system you want to use like bitcoin or payza.

Step 10
Click on the complete order button below.

How to Buy Cheap Domain names from

Step 11
Now if you are using the "Visa/Master Card/ Bank debit (N)"  you will see something like this after inserting your card number and cvv number at the back.

How to Buy Cheap Domain names from

Just insert your "ATM pin" and then you will get a successful message just wait it will redirect you back to garanntor portal.

Step 12
Now click on "Click Here" to go to client area and that's all hope you enjoyed  it.

How to Buy Cheap Domain names from

Step 13
Now what next? We need to "configure/map" this domain name to our blogger blog so this tutorial will guide you on that manually if you don't want to contact  the customer service for assistance.

Mp3 Tag For Your Wordpress Site [Upload to File Manager]

 Mp3 Tag is one of the best tool used by most entertainment blogger and mostly those in the music niche but the issue is that most don't know how to install this script into their cpanel[file manage] but with this simple steps today you will be able to do that yourself without much stress.

Having a music site is a very nice idea but have you ever thought of it expenses in managing and promoting? it takes much fund but if you can do the needful you can scale through and ,make money than you ever spent.

The mp3 tag perform many task to handle in your music site like:

  • Changing the name of the artist 
  • Changing the name of the album
  • Changing the name title of the song 
  • Changing the name the background image

You can also get some mp3 tag that has voice tag embed in them already. so it make it more easier.....example of this voice tag is {more music at} so this will promote your site more.

The cPanel is an online (Linux-based) web hosting control panel that provides a graphical interface and automation tools designed to simplify the process of hosting a web site. Inside the cpnel you will find your File Manager.

Step 1
First you need to Login to 'cPanel' and open the "File Manager".
Mp3 Tag For Your Wordpress Site [Upload to File Manager]

Step 2
Choose to open Web Root and Show hidden files.

Step 3
Navigate to the folder where you want the upload to be located which is "public_html".

Mp3 Tag For Your Wordpress Site [Upload to File Manager]

Step 4
Click on the Upload icon from the top toolbar above

Step 5
Click the Browse box (Some web browsers will have a Choose File box instead).

Step 6
Locate the file on your computer or smart phone that you want to upload.

Step 7
Once the file has been selected, it will automatically upload when it reach 100% then.
Mp3 Tag For Your Wordpress Site [Upload to File Manager]

Step 8
Then go to "public_html", upload and extract the file into the "public_html" directory

Step 9
After extracting the script, now refresh the page with the refresh tool above and then you will see a folder labelled  'Tag'
Mp3 Tag For Your Wordpress Site [Upload to File Manager]

Step 10
Then carefully open the  tag and locate index.php, edit it to your taste but try to avoid some codes.

Step 11
Get a good graphic designed image and then Upload your image to the tag folder and then rename it to music.jpg then replace the previous one.

You can Access your mp3 tag  page with your site example below
Mp3 Tag For Your Wordpress Site [Upload to File Manager]


 If you need this script you can get it below $15 thank you. 

How To Set Up A Wordpress Blog using Whogohost

WordPress site is  the best and has been  a little bit confusing to some people but the main  issue with the WordPress platform is that much funding is required unlike blogger with free host. WordPress has good and wonderful plugins for your business and many other things like creation of forums and many more,

Whogohost allows you build your WordPress site without much issues and it has a well organised installation process whogohost is on of the best web hosting company in Nigeria and with our research we found out that whogohost has being giving it customer adequate support during installing of WordPress or integration of domain to any blogger blog.

buying domain or hosting your WordPress blog on whogohost is one of the best thing i ever had when i started blogging and no issues.


What is a DOMAIN NAME?
A Domain name is unique name used to identify a website or any other information reserved on the internet. It is used to identify you or your business on the internet. It is what appears in the address bar when visiting a website.

Step 1

First visit  whogohost website

Step 2

Enter your domain name(the name of your website) and click  register domain.
Step 3

Select your preferred transaction currency either Nigerian naira (NGN) or United States dollar (USD) –
> Step 4

Insert your domain name and choose an extension  .com .com. ng  .org. info and many more
Step 5

Then Click on ‘No hosting, click to add’ to add a host for your domain name. You need to host the domain name so you would be able to login and input data in the website perfectly
Step 6

If you are a Beginners you can select (1GB) and upgrade when ever they like. Click ‘order now’

Step 7

Select your preferred billing cycle >> select ‘checkout’

Step 8

Input the details and your domain name owner  details

Step 9

Make sure you accept the terms and conditions before you proceed. Click on ‘complete order’.

Step 10

Your payment details would come up. All you need to do is copy them out, make your payment.
You would receive an email with details about your new blog when the payments have been confirmed.


Step 1

After you have purchased your domain name and hosting package you will get access to  ‘cpanel’.
This link to this cpanel will be given in the email sent to you along with you cpanel username and password.

Step 2
Click on the cpanel link and type in your username and password given to you in your email.

Step 3 
Log in, scroll down until you see the WordPress logo (under scripts) and click on it.
Step 4
Now click ‘install’ and you should see the software setup area.

Step 5

Now Fill in your Site name, site description, admin user name, admin password, admin email, choose a preferred language and don’t forget to insert your email so your installation details would be sent to you. Finally click ‘install’.

Step 6

After the installation is done it would give you a confirmation screening showing you your unique WordPress login URL that would look like this:

http://new wp-admin

Step 7

Copy this and write down your username and password. The URL is where you go when you want to write posts or edit your new WordPress blog
Happy  blogging 

President Trump furious Tom Brady declined Patriots 2017 White House invite

President Donald Trump reportedly was angry after discovering Tom Brady wouldn’t attend a White House celebration in 2017 after the New England Patriots’ Super Bowl LI win. (AP)
Dawsey and Lowery wrote:

“Trump grew angry in April 2017 when Tom Brady said he planned to skip the White House visit with the Patriots, huddling angrily with aides and even calling Patriots owner Robert Kraft. One former senior administration official described a chaotic scene unfolding over the heartlands of America, as Trump flew back from an event in Wisconsin. Trump made a number of calls and asked aides to help fix the situation, worried that Brady’s absence would reflect poorly on him. …

“Eventually, Trump was calmed down, and the Patriots came to the White House.”

Brady was with ailing mother
Brady, however, said he didn’t attend because he was with his ailing mother; Galynn Brady battled cancer throughout the 2016 NFL season and into 2017. A couple of days before that White House visit, Brady posted a photo on Instagram of his mother holding his daughter, Vivian, and kissing the little girl on the head.

Brady had also skipped the Patriots’ visit to the White House after the team’s win in Super Bowl XLIX two years earlier, when President Barack Obama was in office.

Trump has long boasted of his friendship with Brady, though Brady faced repeated questions about his relationship with Trump during the run-up to the 2016 election, after a red “Make America Great Again” hat was spotted in his locker stall in 2015.

Brady was not the only player who skipped the White House celebration in 2017, however; numerous Patriots did not attend, some explicitly stating it was because of things Trump had said.

Pastor killed by crocodile during water baptism

A water baptism ceremony held near a lake turned into a horrific tragedy when the pastor was reportedly grabbed by a crocodile Sunday. Pastor Docho Eshete was in the middle of baptizing at least 80 members of his Protestant congregation at Lake Abaya in southern Ethiopia, an area known to have a huge crocodile population, when one of the creatures leapt out of the water and grabbed the pastor.

"He baptized the first person and he passed on to another one,” a local resident told the BBC. “All of a sudden, a crocodile jumped out of the lake and grabbed the pastor.” Docho died from being bitten on his legs, back, and hands despite efforts from the congregation, fisherman and residents trying to
Continue reading..

Melania Trump makes first appearance in nearly a month and no one is buying it

Among all of the many important news stories happening in the world right now, nothing has captivated us quite like the unexplained disappearance of First Lady Melania Trump. She finally made a brief public appearance on Monday night, but Twitter is still, well, sort of skeptical.

After being out of the public eye for 24 days, which included recovery time for a kidney procedure on May 14, the First Lady made an appearance at an event for military Gold Star families on Monday night. (Not in attendance: the the Khan family, a Gold Star family who Trump beefed with during the 2016 campaign.)

But if you thought this would put the mystery to rest, well, you'd be wrong.

Yes, Melania shared photos of her appearance, but the photos were all taken from a distance and the event was closed to the press, so this is as good a look as we'll get for now.

Tonight @POTUS & I were honored to pay tribute to our fallen heroes. Thank you to the Gold Star families that joined us in celebration & remembrance.

— Melania Trump (@FLOTUS) June 5, 2018

A video also showed the First Lady escorting her husband, the president, into the ceremony but, again, it was from a distance, and has become something of a Zapruder film for 2018.

First public appearance by @FLOTUS in just under a month at the Gold Star Families reception to ihht. Good to see her doing well.

— Jena Greene (@JenaMGreene) June 4, 2018

Still, plenty of evidence that Melania Trump is alive and, most importantly, well and not on some far flung island counting hundred dollar bills and hanging out with Elvis and Tupac.

The most interesting thing Melania Trump has done since becoming @FLOTUS, is disappear.

— Any typos in my tweets are actually by Trump (@S1PPi) June 5, 2018

🎶Where have you gone, oh Melania/
Our nation turns its lonely eyes to you🎶

— popular comedy account “the pixelated boat” (@pixelatedboat) June 5, 2018


— DougExeter (@DougExeter) June 5, 2018

Melania Trump's new tattoo

— S Ξ R G Ι Ο 🌿 (@Seargee) June 5, 2018


Monday, 4 June 2018

Offa bank robbery: Why we must quiz Saraki, Kwara gov - POLICE

By Kingsley Omonobi, Demola Akinyemi & Joseph Erunke ABUJA — Police Force headquarters in Abuja yesterday invited President of the Senate, Dr. Bukola Saraki, to answer questions relating to what the Police referred to as allegations indicting him from confessions of five gang leaders arrested for participation in the April 5 Offa bank robberies and killings of 33 innocent persons.

President of the Senate, Dr. Bukola Saraki and Governor of Kwara State, Alhaji Abdulfatah Ahmed

The Police said the five gang leaders in the Offa bank robbery which left a bloody trail, that claimed the lives of nine (9) police officers, volunteered statements that they were political thugs of the Senate President, Dr. Bukola Saraki, and the governor of Kwara State, Alhaji Abdulfatah Ahmed.

Reacting to the development, Dr Saraki in a statement by his Special Adviser, Media, Mr Yusuph Olaniyonu said that he “will want the entire public to disregard this claim as a baseless allegation and another ploy by the Police to implicate him by all means”, while Kwara State governor, Abdulfatah Ahmed, also dismissed the allegations, saying the state cannot not be held responsible for the behaviour of youths in the state who chose to deploy their empowerment wrongly.

However, the All Progressives Congress, APC, and Peoples Democratic Party, PDP, in Kwara State, expressed divergent views on the issue, as the ruling party said the Police was out to nail the Senate president at all cost.  But the PDP asked both the Senate president and Governor Ahmed to honour the Police invitation and clear their names.

Confirming the invitation in a statement, the Force Public Relations Officer, ACP Jimoh Moshood, said:  “The investigation into the Offa bank robbery and gruesome killings of more than 33 Innocent persons in Offa, Kwara State, on April 5, 2018, directed by the Inspector General of Police, IGP Ibrahim Idris, has made significant progress, successes and more revelations have been recorded.

“The gang leaders and some of the principal suspects arrested for their active participation in the robbery and the killing of innocent persons have made confessional statements admitting to the various criminal roles they and their sponsors played in this dastardly and heinous crime.

“The five gang leaders, including Ayoade Akinnibosun, Ibukunle Ogunleye, Adeola Abraham, Salawudeen Azeez, Niyi Ogundiran and some of the other seventeen suspects arrested for direct involvement and active participation in the Offa bank robbery and the gruesome killing of 33 innocent persons, which includes some pregnant women and nine police personnel, admitted, confessed and volunteered statements that they were political thugs of the Senate President, Senator Bukola Saraki, and the governor of Kwara State, Alhaji Abdulfatah Ahmed.

“The arrests of the five gang leaders and seventeen others were made possible after the arrest of two principal suspects, Kunle Ogunleye, aka Arrow, 35, and Michael Adikwu, an ex-convict, whose pictures were captured by CCTV in one of the banks during the robbery operation, were circulated to the media and the public.
“The two principal suspects confessed to be among the suspects led by the five gang leaders to carry out the Offa bank robbery, the attack on the Divisional Police Headquarters, Offa, and the killing of 33 innocent persons on April 5, 2018. “During interrogation, the five gang leaders confessed and volunteered statements that they carried out the bank robberies, the attack on the Divisional Police Headquarters in Offa and the killing of 33 innocent persons during the robbery of the following six banks, namely First Bank; Guarantee Trust Bank; ECO Bank, Zenith Bank; Union Bank; Ibolo Micro Finance Bank; and the Divisional Police Headquarters on April 5, 2018.

Thursday, 31 May 2018

Photos of Ivanka Trumps Modeling Days That Everyone Forgot Existed

Long before she was appointed as Advisor to the President, Ivanka Trump was signed to the celebrity division of Elite modeling agency. The eldest Trump daughter is 5′ 10″ tall with the slender frame

that graces the catwalk frequently. While she spent much of her adolescence avoiding the camera and questions of her parents’ messy divorce, Ivanka made waves in the fashion industry when she signed with Elite. ...
Keep reading

Roseanne shows what the media got wrong about Trump voters

It took only a few hours for ABC and just about everyone else who was in business with Roseanne Barr to cut all ties to the comedian, saying they were shocked and outraged by her hateful tweeting. This had to be more laughable than any of the gags on her resurgent sitcom.

After all, Barr has never been anything other than what she is now: a talented and addled provocateur who will say or do almost any outrageous thing — butcher the national anthem, mock the Holocaust, run for president or prime minister of Israel — just to get people talking about her.

Sound like anyone else you might have seen on TV at any hour of the day or night?

And that, of course, was the point of bringing Roseanne’s irreverent sense of humor back to network TV. She was supposed to draw in all the same people who love President Trump, who resent all the elite consensus and political correctness and multiculturalism, and who just want someone — pardon the terminology here — to piss off all us snowflakes who watch “Silicon Valley” instead.

But then Roseanne flamed out all at once, publicly comparing a black confidante of President Obama’s to an ape (and a radical Muslim one at that).

Why? As the late New York City Mayor Ed Koch once shouted at me from a hospital bed, when I asked him to explain Rudy Giuliani’s apparent meanness: Why does the scorpion sting? It’s in his nature!

And so ABC becomes the latest media outlet to have waded into the boggiest swamp in American politics, only to reemerge shrieking in horror and running for higher ground.

You may remember a time, for instance, when you couldn’t turn on CNN without hearing the breathless exertions of a Trump apostle named Jeffrey Lord, who was supposed to speak for the unheard masses, even though none of the masses had ever heard of him.

That came to an abrupt end after he tweeted “Sieg Heil!” at a critic, not because he was a Nazi sympathizer, by any stretch, but because in his reading of history, I guess, American liberals and German Nazis were more or less interchangeable.

Look: It’s not that there’s anything wrong with ABC or CNN trying to broaden their appeal by going beyond the same old safe perspectives — I applaud that. It’s just that by trying to talk to a growing audience in American life, you can end up pandering to a dying one instead.

Ever since the 2016 election, I’ve heard people in Washington and Hollywood talk about how they need to better represent “the Trump voter.” This is, I suppose, a natural reaction to having missed something critical about where the society is headed.

The problem is that anytime you reduce a large chunk of the electorate to a label (“values voters,” “evangelicals,” “Trump voters”), you’re oversimplifying a more complicated reality.

In this case, what we generally think of as Trump voters encompasses two distinct subsets of discontented Americans. There’s overlap, certainly, but not as much as you might think.

The first are economically dislocated Americans: right-leaning or independent voters who harbored (and still harbor) no great love for the president, but whose communities are unrecognizable to them now, mainly because of automation and global competition and all the social ills they wrought, like broken families and addiction.

These voters bitterly detest the political status quo and were willing to take a chance on just about anyone whose last name wasn’t Clinton or Bush.

This group has been ascendant and growing in intensity for decades; some sizable minority of them cast ballots for both Presidents Obama and Trump in successive elections. They do not constitute the bulk of Trump’s support, by any means, but they are the main reason he became president, and to understand where they’re coming from is to understand the most powerful current in American politics.

The second group, roughly speaking, is the culturally affronted crowd you see reflected on social media all the time.

These voters don’t think much about an economic future; they want a time machine that will take them back to an orderly America ruled by white dudes, where you could say whatever you wanted without being labeled a bigot or a sexist, where you didn’t have to worry about gay rights and women’s rights, and where black guys getting dragged out of a coffee shop for no reason was called Wednesday.

I’m a skeptic of reflexive political correctness, as I think a lot of mainstream voters are. The pseudo-intellectual bullying on college campuses today is enough to make any thinking person recoil.

But the cultural right isn’t really opposed to the silly lexicon of liberalism as much as to liberalism itself. What they call PC is really just the modern concept of tolerance.

These voters represent a shrinking slice of the electorate, if you take any kind of long view, and they’re hardly misunderstood. They have the loudest voice in America, in fact — a president who stars in his own round-the-clock reality show, a miner of nostalgia who lives only for their applause.

The problem for coastal liberals who run news and entertainment media is that in trying to speak to the economically disenchanted first group, they inevitably get dragged down into the netherworld of the culturally outraged second.

Which is exactly what happened to ABC with Roseanne Barr.

I didn’t watch the “Roseanne” reboot, but judging from its jokes about black Americans and immigrants, it was aimed squarely at the white Americans who feel robbed of their heritage. (Yes, “Roseanne” had a massive audience for a network sitcom today, but to put this in electoral perspective, Nielsen ratings earlier this month had it seen by fewer than 7 percent of American households watching TV.)

And so it was a pretty good bet that Roseanne would stumble her way into the hatred and bigotry that lurk all over social media. Entertainers like Trump and Barr go wherever the crowd takes them. They play to their audience, for better or worse.

Wednesday, 30 May 2018

Team Profile – COSTA RICA FIFA World Cup (14 Days to go)

Brazil 2014 quarter-finalists Costa Rica earned their return thanks to claiming one of the automatic qualifying spots from the CONCACAF region.

FIFA Ranking: 25
Continent:North America
Nickname: Los Ticos
World Cup History: Qualifying
Campaigns: 16
First stage appearances: 4
Semi final appearances: 0
Finals: 0
Titles: 0
First World Cup: 1990
Last World Cup: 2014
Best outing:  Quarter-finals (2014)
Key Player: BRYAN RUIZ

An attacking midfielder who can also play as a second striker, Ruiz was a key player in Costa Rica’s run to the quarter-finals at Brazil 2014. The Ticos captain scored three goals in qualifying for Russia 2018.

Sunday, 27 May 2018

Michelle Obama Just Perfectly Summed Up the Hypocrisy of the GOP

If anyone is going to expertly shred the current administration without so much as a single mention of our president's name, you can bet that it's going to be Michelle Obama.

Speaking at a Sept. 22 tech conference in Utah, the former first lady answered questions in an hour-long moderated conversation that shed light on her true feelings about the current state of American politics. As initially reported by the Salt Lake City Tribune, Mrs. Obama took the opportunity to address the flaws she sees in the nationalist, "America-first" rhetoric that's played a central role in Donald Trump's rise to power. "We live in a big country and a big world," she said before noting that her husband's White House was one built on hope while the current administration is one built on fear.

Obama also expertly called out the hypocrisy that often surrounds the conservative discourse on health care. "You can't just want to help someone in a hurricane and not make sure they can go to the doctor when they're sick," she said to an audience over 1,000 people. But while it's refreshing to hear Michelle Obama's take on our current political climate, she also made it very clear that she's not interested in a run for office anytime soon. When a member of the crowd shouted out that Obama should run for president, she was quick to shut it down. "That's still shocking. Like, what?" Obama said, adding, "Are you kidding me? No.

Teriba said that FG must build buffers to protect Nigerians from fluctuations in oil price

Chief Executive Officer, Economic Associates, Ayo Teriba, in this interview, argues that Nigeria could have avoided the economic recession, devaluation and inflation that accompanied the loss in foreign exchange revenue due to decline in crude oil price between 2014 and 2016, if government had taken the right step namely to build external reserves buffer that will protect the nation from the vagaries of the crude oil market. He noted that even till now we have not done so, and it is a must for us to do so, by following the examples of Saudi Arabia, which is opening up 16 sectors of its economy to attract $200 billion in foreign direct investment (FDI).

By Babajide Komolafe
WHAT is your assessment of the state of the economy in the light of latest economic indices released by the National Bureau of Statistics, NBS, and the MPC decision of last week? It shows that the economy has continued to recover. Inflation has been coming down steadily for 15 consecutive months. Exchange rate has also been stable since February last year. It even appreciated in the parallel market and it has remained stable since June last year. The level of external reserves has continued to increase. The real issue for CBN, in holding the Monetary Policy Rate; the Governor has assessed the case for tightening, loosening or holding; they observed that since all variables have been moving in the right direction on their own and they have not achieved single digit inflation yet, the time might not be appropriate to loosen the stance of monetary policy; and tightening maybe negative for the sustenance of growth.

Loosening will be good for growth but to loosen when inflation is still above 10 percent, and when you have not achieved convergence of exchange rates, to loosen might affect the fragile equilibrium in the foreign exchange market; and to tighten may also derail the fragile recovery. It may be better to wait for the next meeting, or the one after the next, to be very clear where the economy is headed, and then they can have a fair judgement as to which of the policy levers can be moved, and in what direction. As such, the decision to hold is in line with my expectations. In your view, what were the major challenges that confronting the economy since 2015 The swings in the oil price are the key problem.

When the global oil price collapsed, our economy went  down with it; although, while oil price played most role, the reduction in Nigeria’s crude oil output also played a role at the time. Nigeria’s story largely revolved around the fluctuation in the oil price. Our economy is too dependent on the global oil price, and that is not good. We should take measures to insulate the economy from fluctuations in oil price, but we are yet to take the steps necessary to insulate our economy from the vagaries of the oil market.

Saudi Arabia is an oil dependent country too, but they did not see fluctuations in economic growth, exchange rate and inflation we have seen.

They did not see a recession, at least until they started cutting their output by themselves, they did not suffer devaluation and they did not have higher inflation, because they had maintained adequate financial buffers in the form of foreign reserves ahead of the oil price burst. When oil price fell, they had more than enough reserves to absorb the shock. So, if Nigeria too had adequate foreign reserves, we would avoid all those upswings and downswings in key domestic economic variables. And the earlier Nigeria begins to build her foreign reserves, the sooner we would be able to free ourselves from that vulnerability to movements in the price of oil. With a 200 million population, we are five times as large as Saudi Arabia, so if the Saudi government could think ahead and take steps to insulate 40 million people from those shocks, we in Nigeria should even do more. Seeing the exchange rate going to N520 per dollar in February 2017, before it came down to N360 could have been avoided if we had maintained adequate reserve buffers ahead of the crisis, or even made efforts to build up the buffers in the face of the crisis. How would you assess the various policy measures introduced to address these challenges? The truth is that we could have prevented the negative responses to the fall in oil price by maintaining buffers, but we did not. We failed to prevent. When the shock broke out, we could have responded by building buffers, but we also failed to respond, we just watched and hoped that oil price will go back up until it did. There is nothing you can do about whether oil price collapses or not, but there are steps you can take, to ensure that even if it collapses, you minimise the adverse effect on the economy. For example, what Saudi Arabia did, which we did not do, was that they maintained high levels of reserves for self-insurance. The cost of holding the reserves idle was the insurance premium they paid before the shock. When the oil price collapsed, they were covered by the self-insurance.

 We failed on that score. Upon the outbreak of the crisis, there were also emergency responses you could make to mitigate the steep fall in foreign exchange inflows that could have solved that problem, by trying to get foreign exchange from non-export sources. But we delayed, we just stared at the problem, and that inflicted a recession. The shortage in the foreign exchange inflicted a recession, it inflicted devaluation and devaluation inflicted inflation. We should have avoided those negative consequences if we privatised our foreign exchange denominated assets as a way of getting foreign exchange to compensate for loss of export income, but we didn’t. In the face of the recession we started debating whether to sell the national assets, but how much have we now sold. In the recession, we also decided to seek foreign debt, and since February 2017, we have been issuing Eurobonds, that step came late, it was better late than never, and it was too little. We were issuing $1.5 billion, $2.5 billion to mitigate declines in exports of $40 billion to $50 billion. We were raising $5 billion when we needed to raise $20 billion. You needed a response; you needed to look for foreign exchange revenue enough to close the gap created by the fall in export revenue, that we have not managed to do till now. Foreign equity inflows If we compared our responses with Saudi Arabia’s responses, apart from the fact that they were better prepared to face the shock, and they had enough buffers to insure their domestic economy, with over $500 billion in reserves, they have been pushing more aggressively to attract foreign investment to compensate for the loss in export revenue. They have opened as many as 16 sectors of their economy to foreign investors for the first time in 2017. These were sectors where government used to own 100 percent, they are opening them, they are privatising them, partial privatisation, with the stated aim of attracting $200 billion. So that is the kind of amount that makes sense in the kind of situation we are talking about. They are not looking for $1 billion or $2.5 billion in foreign debt inflows, they are looking for $200 billion in foreign equity inflows. We not only failed to prepare, our responses in the face of crisis were too little, and too late to insulate the country from painful recession, devaluation and inflation. Going forward, the Nigerian economy remains at the mercy of the price of crude oil. Unless we take steps, we may be back to the experiences of 2016, if the price of oil should go the opposite direction of where it has been going in the last six months. We must wake up to the fact that we are in a post-boom economic environment. There are assets you must have acquired in the mentality of a boom, assets that you own 100 percent, but which you do not need to own. In the face of a burst, you should have no hesitation to divest to get the foreign exchange you need to insulate your economy from the adverse effects of the burst. That is the summary. What are your recommendations to making Nigeria’s economy growing and booming, doing great again? How to make Nigeria’s economy great again is to wake up to the fact that reliance on oil revenue as the primary means of sustenance is fraught with instabilities. You will be rich in five to six years and lose all your riches when the price of oil goes down. Depending solely or primarily on oil is an unstable strategy, where when the price of oil goes up, you will be rich, when the price of oil goes down you lose all your riches to recession, devaluation and inflation. This has been Nigeria’s story in the last five decades. You cannot even keep the gains you make when the price of oil was up, because when the price of oil goes up your exchange rate will be stable because you have enough foreign exchange revenue to build up reserves. But if you don’t build up reserves to the level where it will protect you beyond the boom, once the price of oil collapses, your reserves are depleted, and you have devaluation that wipes out the gains that you recorded under the boom. It is not the way Nigeria should continue.

So Nigerian government should recognise the fact that the only way to protect Nigeria from the vagaries of decline in oil price is to build buffers, and those buffers must be built now, having missed the opportunities to build the buffers during the boom and so far in the face of the bust. Nigeria can build buffers now. The fall in price of oil is not a temporary development, it is a permanent development. What is temporary is when you have period of sharp increases in price of oil, as we have seen since the beginning of 2018. What is permanent is that the price of oil will trend downward, particularly given that the world is moving away from fossil fuel. And with the move away from fossil fuel,  demand will decline. You can have temporary geopolitical tensions, maybe Venezuela cannot maintain production or Iran is having difficulty with production, that will make prices go up, or agreement between OPEC and Non-OPEC members to cut production to make prices go up. These are all temporary, they cannot keep prices up forever. The forces that will make prices go down are the permanent ones. The Nigerian government must recognise that, and we should not wait for the next drop in price of crude oil to wipe the current gains we are making now. We should build buffers now. But how do you build buffers when your export revenue is considerably lower than it was when the price of oil was high? It is not only through export revenue that buffers can be built. Export revenue happens on the current account. Life does not begin and end on the current account, there is a capital account that has nothing to do about export or trading, that has to do with capital flows. The response of Saudi Arabia is to turn to the capital account to attract the capital inflows that will compensate for the loss in export income on the current account. Loss in export  income Nigeria too can turn to the capital account and attract large volumes of foreign equity investment inflows. The approach that we are using to attract foreign investment is defective; we are looking for foreign portfolio investments which are essentially like borrowing or waiting for creditors to come and have stakes in your economy.