FG TO HAND OVER PHCN TO INVESTORS BY SEPTEMBER 21

The Federal Government will hand over privatized successor companies of the Power
Holding Company of Nigeria, PHCN, to private investors on September 21, 2013, if the
investors pay on schedule.
The Director-General of the Bureau of Public Enterprises, PBE, Mr. Benjamin Dikki, disclosed
this in an interview in Abuja.
He disclosed that the PHCN privatization was expected to earn the Federal Government about
$2 billion.
Dikki said: “To purchase this Power Holding Company, over $2 billion will be paid by the
bidders, and that is because the investors can see a clear investment horizon. They don’t have
to go and lobby anybody, all they require is to meet the technical requirement, go to the
regulatory authority, apply for licence and they are limited by their own ingenuity and their
access to the capital.
“When they pay by September 21, we will hand over the companies to them or anybody who
pays earlier and then they begin to operate.
“Labour issues have been resolved and the implementation committee on settlement of the
PHCN staff terminal benefits commenced payment of N118 billion to the over 20,000 PHCN
staff, at the beginning of this month”.
The BPE boss said the privatization programme of the Federal Government had significantly
opened up the Nigerian economy by creating the right atmosphere for greater private sector
participation in several key sectors.
He said the telecommunications sector stood out in terms of attracting massive foreign
investment, which he put at about $40 billion to date.
His words: “The Nigerian economy is becoming more and more liberalised. So, we in the
Bureau of Public Entreprise are not surprised. That is what we have been working for.
“That is the benefit of the reform, which the Bureau of Public Entreprise has been
spearheading and also in consonance with the transformation agenda of President Goodluck
Jonathan’s administration”.
“What this transformation agenda is doing is to create an enabling environment for the private
sector investment in the country and that has given rise to reform activities in various
sectors.”

SUNDAY MBA NOT QUALIFIED FOR UK WORK PERMIT

EPL side Stoke City will not consider a move for Sunday Mba as he did not play enough games
for Nigeria to be granted a work permit.
Netherlands-based agent Richard Umejei told MTNFootball.com that a proposed move to the
EPL for Mba fell through because in the last two years, the player has only played 10 of the 20
internationals involving Nigeria.
Umejei disclosed: “It’s a pity Mba can no longer go to Stoke City because of work permit
issues.
“He played 10 matches out of 20 matches, which is far below the 75% required for him to be
granted a work permit. Had he played another five matches, he would have been good to go.

MY FOOTBALL DOES MY TALKING FOR ME - C. RONALDO

Real Madrid forward Cristiano Ronaldo has stressed that events taking place off the pitch do not
affect him as he prefers to let his football do the talking for him.
Chelsea Manager Jose Mourinho's jibe earlier this week that the Portugal star is not 'the real
Ronaldo' led to controversy ahead of Wednesday's International Champions Cup final between
both sides, but the 28-year-old has remained unperturbed by his former boss' taunts.
Ronaldo already stated on Monday that Mourinho's comments did not deserve a reply and
remained calm again on Wednesday after helping Madrid to a 3-1 win over Chelsea with two
goals.
"I do my talking on the pitch. Things that happen off of it do not affect me," the Portugal
international told reporters.
"I just aim to help Real Madrid to achieve its objectives and what happens away from there does
not hurt me."
Ronaldo then went on to discuss Madrid's Champions League ambitions this season and
stressed that they still have plenty to do before they can think about an historic 10th European
crown.
He added, "There is a long way to go, we will try to do our best. We have a good team and the
new players are very good and hopefully the Decima will come this year."

WHY I PROPOSED TO LOLA OMOTAYO - PETER P'SQUARE

One half of the multiple award-winning P-Square, Peter Okoye, last Tuesday, shocked many of
his fans when he finally proposed to Lola Omotayo, his long time friend and mother of his two
kids (Cameron and Aliona) with a diamond ring and a brand new white Range Rover Vogue worth
N15 million.
The proposal put to rest the widespread criticisms that have trailed their
relationship over the years. Lola, who said 'Yes' to the proposal, reportedly was
close to tears when the musician slipped the diamond engagement ring into her
finger, and handed the car keys to her.
Peter, who didn't give Lola prior notice of his plan, visited her residence with the car and parked
it inside her compound. On the bonnet of the vehicle, he also dropped a rose flower and a love
card with the inscription, 'Please say Yes.'
This drama was followed by a long passionate kiss from the love birds. Minutes later, the
musician posted on his Instagram and Twitter handle saying, "It's about time," and shortly after,
he also posted that "she said yes."
He later updated his Blackberry status with "Officially, she's now Mrs. Okoye…" Speaking on why
he decided to propose to Lola, Peter said: "it is something I had always wanted to do and I knew
I would definitely do this to Lola one day, but I needed to wait for the right time. Honestly, she
deserves even more from me." he said. On her own, Lola said, "it is a day the Lord has made.
I'm excited the way any woman in my shoes would." The romance between Peter and Lola
started many years ago, even before Peter became a celebrity. Their relationship is already
blessed with two kids; Cameron and Aliona Okoye. A Public Relations expert said that, Lola met
Peter while she was working with FKG2, an advertising company.

NOLLYWOOD NOW ACTING SOFT PORN!

About twenty years ago Nigerian movie industry otherwise known as Nollywood, kicked off
themes of witchcraft, ritualism and greed that dominated some of the early movies.
One of the common scenes in today's Nollywood movies;Tonto Dike in a soft porno movy
While today, the practice has shifted and lovers of the country's films are helplessly being
compelled to watch obscene movies which promotes immorality and cultures that are alien to us
as Africans.
Indeed, recent survey has shown that pornographic movies are increasingly taking over
Nollywood.
Ardent followers of the recent development in the industry would have noticed the disturbing
increase in the degree of nudity portrayed in some of the recent Nollywood flicks.
Regrettably, Nollywood actors have thrown caution to the wind as they now venture into hard
core pornographic roles.
The internet, and particularly YouTube, is not helping matters as it is one avenue frenquently
used by these desperate, and materialistic soft-pron producers to gain wide popularity for such
obscene movies.
Until recently, the production of soft-porn movies only thrives in Ghana. They were considered
bold enough to engage in sexually suggestive roles.
This, however, paved the way for the popularity of Ghollywood movies in the country, as
Nigerians, out of curiosity, patronized Ghanaian films just to see how far they were willing to go
with this obscenity.
But today, the story has changed. Nollywood practitioners who have been very conservative
when it comes to displaying sex and nudity on screen, are now leading the way with the
production of pornographic movies.
Some of the soft-porn movies that have flooded the Nigerian and African markets in the past few
years includes: The Benjamins, Greedy Sex, Room 027, Another Game of Men, Bold 5 Babes,
Bedroom Assassins, All My Ladies, My Pretty Angel, Take My Wife (Pretty Wild Things), Pool
Party and I slept with My Bosses Wife.
Interestingly, the production of gay movies are also on the increase. Last year, popular producer
Dickson Iroegbu, released a gay movie, "Law 58" where Kanyo starred.
O.Kanyo, who played the lead character, Clarion Chukwurah, Halima Abubakar, Ghanaian actor,
Kofi Adjorlolo, Mark Morris, Chibueze, and other Nollywood stars.
Also, gay movies like, Pregnant Hawkers, Sinful Act 1&2 and also a Yoruba movie, titled,
"Lesbian" were also released into the market.
Still on soft-porn movies, the most recent of these hardcore porn movies is "Destructive
Instincts", produced recently and starring Nigerian born American actress cum producer, Judith
Opara Mazagwu popularly known as Afro Candy.
In the movie, Afro Candy played the role of a seductive mistress, with a steamy sex scene where
a male actor was grappling her bare breasts and buttocks.
Her boldness and unrepentant attitude about her act was attested to when she took to her
facebook page asking for actors who could act nude roles and are interested in being a part of
her production to get in touch with her.
Shortly after the noise about Afrocandy and the lewd scenes, another soft-porn movie, "The
"Benjamins" surfaced with its trailer.
The movie produced by Charles Smooth X Edegbe and directed by Temple Chinedum is a high
class campus movie based on rap music and love.
According to some critics, the movie isn't worth releasing because, it was a sheer display of
obscenity and mediocrity.
However, it is on record that soft porn movies started flooding Nigerian movie markets about two
years ago, when controversial actress, Tonto Dike starred in "Strippers in Love", a soft-porn
movie produced by Divine Touch Productions.
Scenes from the movie showed Tonto kissing another female cast and x-rated scenes with
another actor.
She had earlier starred in "Dirty Secrets". Apparently, with these kinds of unholy movies
dominating the Nigerian movie space, questions are being asked today regarding the future of
Nollywood.
Many people are of the opinion that the current trend which must be discouraged remains a
degradation of values that we hold as Africans.