NEWS: Nigeria’s GDP Drops by 5.94% in Fourth Quarter and lots of other News Updates.

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76.15% of PVCs now collected –INEC

The Independent National Electoral Commission (INEC) has said that the number of people that have collected their Permanent Voter Cards has risen to 52,419,495 out of the 68,833,476 voters who registered.

This was stated in an interview with Mr Kayode Idowu, the Chief Press Secretary to the INEC Chairman in Abuja. He also stated that the card readers would be deployed in 152,031 polling units across the country during the March 28 and April 11 elections, adding that INEC had procured 26,000 extra card readers.

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Nigeria’s GDP Drops by 5.94% in Fourth Quarter

According to the quarterly GDP from the  National Bureau of Statistics (NBS) released on Sunday, Nigeria’s real Gross Domestic Product (GDP) further dropped to 5.94 per cent in the fourth quarter (Q4) of 2014 compared to 6.23 per cent in the third quarter .

It was also stated that the Q4 GDP was 0.28 per cent lower than the estimates for the previous quarter, adding that the economy grew by 3.84 per cent in Q4 2014 when compared with the previous month.

Real GDP growth in the sector stood at 13.47 per cent (year-on- year), down from 24.59 per cent growth recorded in fourth Quarter of 2013, representing 2.52 percentage points lower than the figure recorded in quarter three, 2014.

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Fresh Polytechnic crisis looms as lecturers prepare for strike Wednesday

Members of the Academic Staff Union of Polytechnics have said they will down their tools if by Wednesday, the Nigerian Government refuses to implement an agreement it entered with them over four years ago.

The lecturers in 2014 suspended an almost one-year long strike after promises were made by then newly appointed Education Minister, Ibrahim Shekarau, that their demands would be met. The lecturers said none of the items on their list of demands have been attended to.

Some of their demands include what they termed the “continued discrimination” against polytechnic graduates in the public service and the labour market in Nigeria, including the non-release of white paper on visitation to Federal polytechnics.

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Confusion as wife kills husband on Valentine’s Day

On Valentine’s Day, residents of Adefowope Street, off Beach Road, Etegbin, in the Otto Awori Local Council Development Area of Lagos were thrown into confusion when a woman pushed her husband from the balcony of a one-storey building on .

The woman identified as Onyinyechi in anger pushed her husband, George, from the storey building, leading to the husband’s death.

The ugly incident which happened in the community, haveleft neighbours and residents at loss over what might have actually transpired.


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