S.J News• [May 20, 2013]

S.J News• [May 20, 2013]• http://sjnewss.blogspot.com/ Eradicate Extreme Poverty & Hunger (MDG #1): Lagos State Govt trains 26,049 youths on skill acquisition programmes for attainment of Millennium Development Goal -Mrs Adejoke Orelope-Adefulire (Deputy Gov, Lagos). State of Emergency (Adamawa, Borno, Yobe): President Jonathan thanks Nigerians for support; Armed Forces' effort already yielding positive results -Dr Doyin Okupe (SSA to President on Public Affairs). Southeast: Federal Govt earmarks ₦158bn for southeast projects; ₦30bn for 2nd Niger Bridge, ₦60bn for ecological & erosion problems, ₦68bn for roads, other infrastructural projects. World Bank Loan: Federal Govt to borrow $330m from World Bank for road development projects across Nigeria. Cross River: China to establish truck manufacturing plant within Calabar Free Trade Zone. Financial Year End Result: Deposit Money Banks in Nigeria now International Financial Reporting Standards (IFRS) compliant -Kingsley Moghalu (Deputy Governor, Financial Systems Stability, CBN). Social Media: Yahoo to acquire Tumblr (New York-based blogging service) for $1.1bn (£725m) -Marissa Mayer (Yahoo CEO); David Karp (Founder of Tumblr; 26-year-old) to remain in role.