Nigeria: Review 2012

January 2012, – Federal Government withdrew fuel subsidy.  This led to national strike and protest.  The government was forced to reduce the fuel hike to N97 per litre from N140 p/l. As a result Federal Government goes after those behind subsidy scam.

Dana Air crash in Lagos kills over 150 people, the flooding wreaks havoc in Nigeria, killing many people and also sacking many communities around nation

London 2012 Olympics, Nigeria did not win a single medal considering the millions of dollars invested on the athletes and coaches, however redeemed herself in the Para Olympics

Super Eagles qualified for 2013, Nations Cup that will be taking place in South Africa

Flooding across Nigeria killed at least 148 people and displaced more than 64 000, the Red Cross

Governor Suntai of Taraba State crashes his private jet and remains seriously ill in a German hospital.

Headie's Awards which has become a reference point in the Nigerian music industry, took October 20 2012 at Eko Hotel and Suites, Victoria Island, Lagos..

Nollywood director Obi Emelonye's follow-up to his 2011 fantasy/adventure hit The Mirror Boy Last Flight To Abuja, the expensive (by Nollywood standards) thriller, said to be inspired by true events; an airplane suffers major mid-air problems which leads to a fatal crash. The film was released in Nigeria on August 2012 and after roughly 11 weeks in release, it has grossed 22,979,553 Naira (about $141,849), making it The highest grossing Nigerian film in Nigeria this year.

Governors Adams Oshiomhole (ACN) and Olusegun Mimiko (LP) win re-elections in Edo and Ondo state respectively. INEC deregister political parties

Boko Haram, launch suicide bombing targeting the police, military, politicians and businesses in North East, Nigeria. Mother of Finance Minister, Mrs Ngozi Okonjo- Iweala was kidnapped and released after five days in captivity., Mrs Okonjo-Iweala believes her stance against oil marketers was the reason her mother was kidnapped

Davido ruled 2012 and his Dami Duro single is said to be one of the latest Nigeria’s Top Hits ever made. This could be true considering how well his album has been received. And he continues to live that dream, as a young, super talented musician who is gradually becoming a force to be reckoned with in the Nigerian Music Industry.

After scouring the country to find the most talented persons, top-rated talent television show, ‘Nigeria’s Got Talent’, crowned Amarachi Uyanne as the winner of its first season. The primary school student beat out hundreds of acts to win the coveted N10 million grand prize. The 8-year-old petite powerhouse dancer from Benin City, Edo State, displayed incredible talent throughout the show, and danced her way to victory. “It has been an amazing journey so far,” said Rotimi Pedro, Director of Rapid Blue Format, organisers of the hit show. “The turnout this season was beyond what we imagined and we are glad that we were able to bring together Nigeria’s best young talents and transform them into excellent performers in their own right, “he added.

Kaduna State Governor, Patrick Yakowa and former National Security Adviser die in helicopter crash in Nembe Bayelsa State.

Federal Government in Lagos inaugurates the Nigeria Railway Corporation’s Lagos-Kano intercity passenger train services and haulage of petroleum products. Minister of Transport, Senator Idris Umar, said at the event that the government was still committed to revamping the transport sector, particularly railway services, because of its importance to Nigeria’s economic development.

National Assembly, suppressed agitation against executive non-implementation of the 2012 budget and passed the 2013 budget of the Federal Government, with an N63 billion increase to the N4.924 trillion proposal submitted by President Goodluck Jonathan.

The passage nonetheless, the battle line with the executive remained with the zero allocation accorded the Securities and Exchange Commission, SEC, upon reservations of the administration's failure to adopt its resolution demanding the dismissal of SEC's Director-General, Ms. Arunma Oteh.

In passing the budget, the National Assembly adopted $79 as the benchmark for crude oil price, though it adopted the executive proposal of crude oil production of 2.53 million barrels per day and an exchange rate of N160 to a US dollar. President Jonathan in his proposal had requested crude oil price to be fixed at $75 per barrel.

President Goodluck Jonathan on Sunday {24/12/2012} promised Nigerians that his administration would perform better in 2013 and improve on their welfare in all aspects. The President gave the assurance while speaking shortly after he had laid the foundation stone of the Living Faith Foundation’s Bible College in Kaduna.

Author: nmmin

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