The immediate past President of the Senate , Senator David Mark on Friday, March 4, decried the continued hostilities between Agatu community of Benue state and Fulani herdsmen of Nasarawa state that has claimed hundreds of lives and properties worth millions of naira destroyed.

As a palliative  measure, Senator Mark donated relief materials worth millions of naira  to the displaced persons in Aila, Aku, Okokolo, Odugbeho and other  war ravaged communities in Agatu local government area of the state.

Some of the materials distributed include are mattresses, bags of rice, blankets, cooking oil, cartons of noodles, large mats, Maggi cubes, and cooking salts among others.

John Ngbede, the  Benue state Peoples Democratic Party ( PDP) deputy governorship candidate in the 2015 election, in the company of some Agatu Chiefs and clan heads received the items and  distributed the materials  on behalf of Senator Mark at the Internally Displaced persons ( IDP) camps in Otukpo  and Apa local government areas . http://www.bengist247.com/2016/03/mark-donates-relief-material-to-agatu.html?m=0

President Muhammadu Buhari has appointed the younger sister of Senate president Gbemisola Saraki as Otuoke varsity council chairman.

President Muhammadu Buhari has named the younger sister of the Senate President, Gbemisola Saraki, as the Chairman Governing Council of Federal University, Otuoke, Bayelsa state, among other appointees.

The Minister of Education, Malam Adamu Adamu, stated the inauguration of the councils marked another milestone in President Buhari government’s effort to turn around the fortunes of Nigeria’s tertiary education institutions by appointing credible men and women into their councils
http://www.bengist247.com/2016/03/sarakis-sister-appointed-as-otuoke.html?m=0

Muhammadu Buhari has warmly congratulated ex-president Chief Olusegun Obasanjo in an early message for his 79 birthday on March 5, Saturday.

Femi Adesina, presidential media aide issued a statement saying that Buhari affirms that the ex-president, who is approaching the octogenarian cycle, has contributed immensely to the institutionalization of democracy in Nigeria and Africa through his personal sacrifice, extensive local and international networks, and God-given wisdom.

The statement reads in part: “President Buhari believes that Chief Obasanjo’s place in global history is assured for successfully handing over power to a civilian government in 1979 after serving as a military Head of State, and returning to power in 1999 through elections to stabilize the polity, during which he most remarkably negotiated a debt relief for Nigeria.
http://www.bengist247.com/2016/03/buhari-celebrates-ex-president-obasanjo.html?m=0

Senator Danjuma Goje insists the N5,000 promised to one million Nigerians and the school feeding contained in the 2016 budget is not feasible.

Senator Danjuma Goje insists the N5,000 stipend promised to one million Nigerians by the federal government as contained in the 2016 budget may not be implemented anytime soon.

Goje who is the chairman, Senate committee on appropriation said the lack of a detailed, clear-cut structure laid down for implementation of the project was the reason why its implementation has suffered a setback, Daily Post reports.

Speaking at an interactive session organised by the joint National Assembly committee on appropriation with government officials in Abuja, on Thursday, March 3, Goje noted that there was no explanation as to who would choose the one million people entitled to the N5000 or what indices will be used in determining who should benefit from the stipend.

He said: “We have not gotten clear explanations to these numerous issues surrounding the implementation of this money. Even the afternoon school feeding contained in the budget is not feasible because some students study under non-conducive environment. Will feeding them enhance their learning?”
http://www.bengist247.com/2016/03/why-n5000-stipend-school-feeding-not.html?m=0

Nigeria will be unveiling its first own domestically-made prototype of the armourd personnel carrier (APC) in September.

Major General Bamidele Ogunkale, director general of the Defence Industries Corporation of Nigeria (DICON), has revealed this on March 4, Thursday.

Ogunkale was speaking while receiving Brig Gen Christopher Musa paid him a courtesy visit at the DICON headquarters in Kaduna.

The director general has said that corporation hopes to launch mass production.

He said: “By September this year, we hope to unveil the first prototype APC and with presidential support, we will go into mass production.”

“Nigerians try to compare and contrast Brazil Defence Industries with DICON. Whatever hurdles we have identified, we should clear them and move forward. I am optimistic that President Muhammadu Buhari who said he is not happy with the wreck in DICON against the hard earned foreign exchange going out for purchase of arms and ammunition, would  no doubt give DICON the needed support.”
http://www.bengist247.com/2016/03/nigeria-set-to-unveil-first-tank.html?m=0

Oil producing companies will have something to cheer about this weekend as crude prices, which had experienced a serious downward slope, are now bouncing back.

According to reports by Reuters, the crude oil futures edged up on Friday, March 4, 2016 as traders and analysts are looking up to the US job data for further momentum to rising prices.
crude oil

The report showed that Brent futures rose 19 cents to 37.26 dollars a barrel after settling 14 cents higher in the previous session as analysts predict a minimum of of 5 percent gain to crude benchmark this weekend.

Furthermore, it showed that the US crude futures traded up 13 cents to 34.70 dollars a barrel as it has settled down nine cents in the previous session.

The US government energy information administration informed also that while US crude inventories rose to a new record of 517.98 million barrels last week, the output fell for a sixth straight week to 9.08 million barrels a day with the new development.
http://www.bengist247.com/2016/03/crude-prices-move-closer-to-38barrel.html?m=0

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