S.J News• [Dec 7, 2011]

S.J News• [Dec 7, 2011]• http://sjnewss.blogspot.com/ ASUU v FG: FG appeals to Academic Staff Union of Universities (ASUU) to suspend the 3-day nationwide strike. Boko Haram: Ali Konduga (aka Al-Zawahiri; fmr sect's spokesman) sentenced to 3 years imprisonment by Abuja Chief Magistrate’s Court. PHCN: Nigerian Electricity Regulatory Commission (NERC) issues power generation licences to 29 independent power production companies. Recapitalisation: House of Reps directs Securities & Exchange Commission (SEC) to stop further approvals to Union Bank of Nigeria on its Rights Issue & recapitalisation until bank's response to issues raised in petition before House. PCA: Federal High Court, Abuja fixes February 9, 2012 for hearing in consolidated preliminary objection to suit filed by Justice Isa Ayo Salami (suspended Court of Appeal president). NIMASA: Federal High Court, Lagos orders Nigerian Maritime Administration & Safety Agency to pay $32 for illegal detention of vessel. Budget: Gov Godswill Akpabio (Akwa Ibom) presents proposed budget of N397.1bn (N66.244bn recurrent expenditure; N330.897bn for capital projects) to State House of Assembly.