Tag: news

  • 20080607-Bleaching Colored

    [Flynn’s Editorial: I cannot believe that being lighter skin has more advantage is today’s world. It’s truly amazing how better looking people still plays a major influence on who gets ahead of the game.]

    Nigeria: Bleaching And Coloured Women
    Leadership (Abuja)
    COLUMN
    7 June 2008
    Posted to the web 7 June 2008
    Bunmi Fasehun

    Snippet from external source: (visit the link for the full article)

    What is being black to you? Is your black colour so dark that whenever you see a black woman on TV who is light skinned, you ever wish you had the same colour as her?

    In our culture, especially in Nigeria, it is a well known piece of information that light skinned women are more favoured than their dark skinned sisters.

    During the colonial times in Africa, it was said that if you were a black woman and light skinned, life was much easier, as being light was almost like to being white.

    It is not hidden that Africans prefer black women who are light in complexion.

    The lighter you are in Nigeria, the better your chances of success, said one of my aunties.

    No matter how educated and enlightened you are, once your skin colour is black, the boundaries are set for you.

  • 20080507-NIPP Scheme

    [Flynn’s Editorial: I cannot believe how corruption these political leaders continue to get away without going to jail. This area has something to do with government contract in energy, mainly oil, which has not been beneficial to the Nigerian people.]

    Nigeria: Legislators Summon Obasanjo Over Spending
    Leadership (Abuja)
    7 May 2008
    Posted to the web 7 May 2008
    Philip Nyam
    Abuja

    Snippet from external source: (visit the link for the full article)

    Former president Olusegun Obasanjo and his deputy, Alhaji Atiku Abubakar, have been summoned by the House of Representatives Committee on Power and Steel to appear before it on Monday, May 12, 2008, to explain their roles in the alleged expenditure of huge sums of money in the power sector between 1999 and 2007 without commensurate result.

    The House is currently investigating the alleged expenditure of $16 billion on the sector by the Obasanjo Administration.

    The chairman of the committee, Hon. Ndudi Godwin Elumelu, had confirmed that a little over $13 billion was actually invested in the sector between 1999 and 2007.

    Also to appear alongside the duo is the former finance minister, Mrs. Nenadi Esther Usman, who is expected to give an insight into payments made to contractors and consultants on the National Integrated Power Projects from the excess crude account within the period she held the fort as minister.

    During the public hearing, former finance minister and now a managing director of the World Bank, Dr. (Mrs.) Ngozi Okonjo-Iweala, told the committee that former President Obasanjo waived due process in the payment of money on NIPP projects to contractors and consultants.

    She also disclosed that Obasanjo authorised a loan from the Excess Crude Account to finance the NIPP scheme. The committee, however, discovered that the loan was obtained without the approval of the National Assembly.

    He said that during the tour the committee discovered that monies were paid for non-existent projects while some contractors who collected huge sums of money absconded after they were mobilised.

  • 20070628-Tick Test

    [Flynn’s Editorial: I don’t know why I posted this news article on my weblog site. It appears to be related to banksters. That’s all. I guess the key word is `tick`. Because the way things are going with regards to unfulfilled contractual obligations, I’m feeling `ticked`.]

    SEC NEWS DIGEST
    Issue 2007-124 June 28, 2007

    Snippet from external source: (visit the link for the full article)

    COMMISSION ANNOUNCEMENTS
    SEC TO END SHORT SALE TICK TEST ON JULY 6, 2007

    On June 13, 2007, the Commission voted to remove the tick test of Rule
    10a-1 and to amend Regulation SHO to provide that no short sale price
    test, including any price test of any exchange or national securities
    association, shall apply to short sales in any security. The
    Commission has established a compliance date of July 6, 2007 for the
    changes. Publication of the amendments is expected to be made in the
    Federal Register during the week of July 2, 2007. (Rel. 34-55970)
    CREDIT RATING AGENCIES APPLY FOR REGISTRATION AS NATIONALLY RECOGNIZED STATISTICAL RATING ORGANIZATIONS

  • 20060223-Port Deals

    I came across an article regarding the secret agreement between the White House and a company in the United Arab Emirates and I thought I’d shared my take on the whole matter via this blog.

    There should be proper security to cross-check the activities of the six major American ports. And I feel there should really be no danger or anything to fear at this point in time. Fear is a good way to gauge the comfort level of any group and thereby make improvement towards the better good. (And I know you all are better at making anything seem good).

    What I do not like is any ‘secrecies’ behind closed doors. There is really nothing to hide and as long as everything is laid out in plain public view there would be fewer cure in the near and long-term future for the initial ounce of preventions by disclosures.

    Sure there would be lots of questions and concerns raised along the way. You know what happens when there is lots of poop made behind closed door? There has to an exit to allow the fumes to escape somehow or else be overwhelmed by the stinky smelly results.

    With the ongoing globalization and interests of international investors in the United States, it would be like shooting only at us (like a recent incident that made headlines). For example, it would be a shame to have one of our body parts turn gangrene from neglect and lack of proper care.

    The point is that United States should continue to connect and expand with other countries, especially the most poverty stricken ones. Soon there would be no such thing as protecting these geographic political borders from greed.

    Who knows? Maybe we all could be working in foreign lands of our calling, learning new languages and culture for free and being adopted into new family unit(s). (I think I’ll type my insights on adoptions later on).

    Some may choose to fight and participate. Others may choose to sit back and be spectators. As long as we think there could only be of positive progress in any endeavors, so be it. Otherwise, there is only the accountability left by each individual. Either we all take the fall together or unite in peace.

    Copyright © 2007 by Fluffy von der Flynn. All rights reserved.

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