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Showing posts with label BUSINESS AND ECONOMY. Show all posts
Showing posts with label BUSINESS AND ECONOMY. Show all posts

Monday 15 September 2014

Nigeria Awaits Delivery Of Mi Helicopters From Russia

The new contract for delivery of several state-of-the-art Mi-35 and Mi-171Sh helicopters has been recently signed between the Federal Republic of Nigeria and the Russian Federation.

This has been confirmed by the Deputy Director General of Rosoboronexport, Sergei Goreslavsky, in a statement obtained by airrecognition.com.

The contract was signed in August this year. Unfortunately, the official did not confirm the exact number of helicopters subject to delivery. According to previous statements by Nigeria’s DHQ, the most likely quantity is 6 or 7.

[caption id="attachment_1859" align="aligncenter" width="640"]Russian helicopter, Mi-35M type. Photo: airrecognition.com Russian helicopter, Mi-35M type. Photo: airrecognition.com[/caption]

He emphasised that the models are in demand on the African continent, noted that Mozambique is also among the customers. Mr Goreslavsky revealed that Mi-171Sh flying machines are in demand on global markets. They can be delivered in various configurations, with air defence, reconnaissance equipment and missile weaponry.

The helicopter can carry a cargo of 4 tons maximum, or transport up to 36 paratroopers, or carry 12 injured on stretchers.

The offered models are on service in the Russian Armed Forces since 2009.

At the same time, several experts have expressed concerns over ability of the Russian side to carry out timely delivery due to and US/EU sanctions imposed on Moscow.


Absolute majority of engines for Russian-made helicopters were supplied from Ukraine. Due to current crisis in the relations between the two countries, such cooperation is no more possible.

The order to procure extra helicopters was given by President Jonathan himself.

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The decision followed a tragic crash of Mi-35 helicopter in Borno State on July 21, 2014.

Saturday 13 September 2014

EFCC Discovered $50m In Account Of PDP's Jarrett Tenebe

The Economic and Financial Crimes commission (EFCC) admitted it has arrested and detained Jarrett Tenebe, a gubernatorial candidate of the Peoples Democratic Party (PDP). SaharaReporters learned from sources at the commission that $50million has been found in an account belonging to him.

The saga of PDP’s hopeful in Edo state continued on September 12, 2014, Friday, as new information has been leaked by some of the investigators. According to them, $50 million (N8,143,459,000) found in Mr. Tenebe’s account were a leftover of deposits from the illegal sale of crude oil abroad through Saltpond Oil platform.

[caption id="attachment_1653" align="aligncenter" width="500"]Jarrett Tenebe arrested by the EFFC in the beginning of September 2014. Photo: SaharaReporters Jarrett Tenebe arrested by the EFFC in the beginning of September 2014. Photo: SaharaReporters[/caption]

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In an attempt to clear the air on the initial report the commission issued a press statement. It challenged the story on the grounds that the information did not emanate from its spokesman.

“For the benefit of members of the public who may have been misled by the attributions, all information emanating from the EFCC to the media are authenticated by the designated official spokesperson, which is not the case with this report.”


The EFCC failed to explain why Mr. Tenebe was arrested and put under investigation for close to one week without making the information public or charging the suspect to court.
Even then, the EFCC kept the arrest under wraps until story appeared.

“The agency (EFCC) refused to make his arrest public as pressure mounted by Tenebe’s accomplices within the Nigerian government and the PDP party hierarchy,”  an anti-corruption activist familiar with Tenebe’s arrest said.

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It would be recalled that information on Tenebe’s arrest by the EFCC emerged on Thursday. Investigators also reported about the involvement of several senior government officials and top politicians, including Mike Oghiadomhe, a former Chief of Staff to President Goodluck Jonathan, Tony Anenih, the Chairman of the board of trustees of the PDP and the Minister of Petroleum resources, Diezani Alison Madueke.