S.J News• [Aug 24, 2012]

S.J News• [Aug 24, 2012]• http://sjnewss.blogspot.com/ Naira: CBN to launch N5,000 (Margaret Ekpo, Hajia Gambo Sawaba & Funmi Kuti's faces) banknote; N50, N100, N200, N500 & N1,000 to be redesigned; 50K, N1, N2, N5, N10, N20 to be coined. Subsidy Payment: FG, NUPENG, NLC, Oil Marketers reach agreement; NUPENG calls off strike; Directs Petroleum Tanker Drivers (PTD) to commence lifting of petroleum products to FCT. Crude Oil: Sokoto state to make presentation to FG for exploitation of deposits recently discovered in commercial quantity -Gov Aliyu Wamakko (Sokoto). NCC/NBC: Federal Executive Council (FEC) approves merger of Nigerian Communications Commission (NCC) & National Broadcasting Commission (NBC). Plateau North: INEC reschedules September 15 Senatorial by-election; To hold October 6; Seat vacant following demise of Sen Gyang Dantong. Kidnap: Employees of Sea Trucks Group (Netherlands), Indonesian, Iranian, Malaysian & Thai, abducted by pirates off the Nigerian coast on August 4, 2012 have been released. Rice & Cassava: International Fund for Agricultural Development (IFAD) signs agreement with FG for increased production; $74.5m credit facility for farmers with 40years repayment period. Fuel Subsidy Claims: Some indicted oil marketers begin refund of petroleum subsidy funds -National Economic Council (NEC). S.J wishes Engr Enny Eclectic a splendid Bday.