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Manufacturers urges Nigerian government to review levies on imported electricity meters

The Electricity Meter Manufacturers Association of Nigeria (EMMAN) has appealed to the Federal Government to review its levies on imported electricity meters to promote full local content in the production of pre-paid meters. The appeal is coming on the heels of President Muhamadu Buhari’s approval of one year deferment of the 35 percent import adjustment tax (levy) imposed on fully built unit (FBU) electricity meters HS Code 9028.30.00.00 under the 2019 fiscal policy measures for the implementation of Economic Community of West African States (ECOWAS) common external tariff (CET) 2017 – 2022. EMMAN believes the approval is an incentive for mass importation of pre-paid meters as against upscaling of local production. It noted that it takes an average of three months to set up Semi Knock Do...

US sanctions 11 entities for aiding Iran’s oil sector

The US imposed sanctions on 11 entities and three executives Thursday for allegedly aiding an Iranian energy firm that was blacklisted in January, and helping Iran export petroleum products . The new designations of companies and executives include six under the Treasury Department’s authorities and five under the State Department. All are based in Iran, the United Arab Emirates (UAE) or China. The State Department’s sanctions target Iran-based Abadan Refining Company; China-based Zhihang Ship Management, New Far International Logistics LLC and Sino Energy Shipping; and UAE-based Chemtrans Petrochemicals Trading. The department also imposed sanctions on New Far executive Min Shi, Sino Energy executive Zuoyou Lin and Abadan managing director Alireza Amin. “All entities targeted today contin...

Premier League terminate £490 million TV deal in China

The Premier League has terminated its TV rights deal with China, its biggest overseas contract, leaving a huge hole in clubs’ finances. The deal with Chinese broadcaster PPTV was worth around £490m and had lasted only one of its three years. The conflict is said to have been around a fee of £160m that the Premier League was owed in March but did not receive. “The Premier League confirms that it has today terminated its agreements for Premier League coverage in China with its licensee in that territory,” a spokesman said on Thursday. “The Premier League will not be commenting further on the matter at this stage.” It is not known if the conflict is based purely on money or involves the escalating political tensions between China and the UK government. Boris Johnson announced in July that Hua...

Bollywood star Aamir Khan under fire over China, Turkey links

Muslim Bollywood star Aamir Khan has long been a hate figure for India’s Hindu far-right, but now they have a new line of attack – his massive popularity in China. Khan, 55, is a brand ambassador for Chinese smartphone maker Vivo, and is also major draw on the mainland with films such as “Dangal” (2016). He even has 1.16 million followers on China’s Twitter-like platform Weibo. But this week the hardline Rashtriya Swayamsevak Sangh Hindu group put the actor on the cover of its magazine, calling him “The Dragon’s favourite Khan”, a reference to China. Also criticising Khan’s ties with Turkey — which has slammed India over Kashmir — the article said he was “forging friendships with those that are considered enemies of India”. “Aamir seems to be the favourite of the Chinese Communist Party sy...

Benue honours Super Falcons star Francisca Ordega

Benue State government has bestowed its honour on her illustrious daughter, Super Falcons star, Francisca Ordega. Ordega was honoured as the Most Outstanding Female Footballer in the state. The award was organised by Benue Coalition for Good governance. Congratulations to me… I am honored for being recognized by my people of Benue state…as the Most Outstanding Female Footballer in Benue State…The award was organized by Benue Coalition for Good governance..proudly Benue/Tiv..thanking you all🙏🏼🙏🏼 pic.twitter.com/hjsP6qIhaL — ordega francisca (@OrdegaF) August 24, 2020 Ordega is however overwhelmed with this honour as she stated on her twitter handle: ‘Proudly Benue/Tiv..thanking you all🙏🏼🙏🏼’ Ordega has been forced to postpone he...

Thousands Turn Out for EDM Concert in Wuhan, China

Wuhan, China, once the epicenter of the coronavirus pandemic, has returned to a sense of normalcy. This past weekend, in fact, thousands of people turned out for an electronic music concert. The event took place at the Wuhan Maya Beach Water Park, an open-air venue with a capacity of around 15,000. Though organizers restricted capacity to 50%, the event still drew thousands, with a vast majority choosing not to wear a mask or practice social distancing. A number of attendees even watched the concert from inflatable rubber tubes floating in a giant pool. While such scenes are unthinkable in the era of coronavirus, Wuhan has reported no new cases of the virus since mid-May and has largely lifted the stringent lockdown restrictions in place since January. Wuhan, China — once the glo...

West African delegation ‘very hopeful’ after meeting Mali junta

A West African delegation visiting Mali to push for a speedy return to civilian rule following a coup said it was “very hopeful” on Saturday after meeting with the country’s military junta and the president it ousted. The head of the delegation from the regional Ecowas bloc, former Nigerian president Goodluck Jonathan, said that detained Malian president Ibrahim Boubacar Keita was doing relatively well. “We saw him, he’s very fine,” said Jonathan, who had earlier met for half an hour with the soldiers who seized power on Tuesday, including new strongman Colonel Assimi Goita. Jonathan told AFP that negotiations were going well and he was “very hopeful”. Rebel soldiers seized Keita and other leaders after a mutiny on Tuesday, dealing another deep blow to a country already struggling with a b...

Beijing’s Workers’ Stadium razed as China target World Cup bid

China rapidly tore down the famous Workers’ Stadium in Beijing this week as part of grand plans to revamp its football infrastructure ahead of an expected World Cup bid. The imposing arena in the heart of the Chinese capital will be almost completely rebuilt and is scheduled for completion in December 2022. Groups of people gathered to watch as the stadium, a landmark for decades, was levelled within just a few days, with the goalposts poignantly left standing even as the stands crashed down all around. The Workers’ Stadium was built in 1959 as one of 10 major construction projects to mark the 10th anniversary of communist China. Fondly known as “Gongti” — an abbreviation of its name in Chinese — the cavernous but crumbling arena was home to Chinese Super League club Beijing Guoan and host...

Mikel Obi wants to be father figure at Stoke City

Stoke City new signing John Mikel Obi hopes to help instil a long-lost winning mentality at the club and also help the Potters push for promotion to the Premier League next season. Mikel penned a one-year contract with Stoke City on Monday becoming the club’s fourth signing of the summer. The experienced midfielder spent 11 years at Chelsea helping the Blues land the Premier League title twice, as well as three FA Cups, the Champions League and Europa League. The former Super Eagles captain has also played in China and Turkey, with a brief stint at Championship club Stoke City. Mikel is determined to become a mentor to his new team-mates and help them at difficult times. “It is good when you come into a football club having won so much in the game,” he told the club’s official website. “Th...

China loans: Nothing bad in borrowing – minister

Minister of Information, Lai Mohammed, has declared that there is nothing wrong in borrowing. He said what matters is that funds are invested in infrastructure rather than services or consumption. The minister insisted that Nigeria is effectively utilizing the funds it borrowed from China and elsewhere for infrastructural development and job creation. Mohammed spoke at the construction site of the Ibadan Train Station on Saturday. He inspected the Lagos-Ibadan Standard Gauge Rail Project with his Transportation counterpart, Rotimi Amaechi. “We didn’t borrow money for services or overhead expenditure. We borrowed money for capital projects: rail; roads; bridges; power – infrastructure generally,” he said. Mohammed expressed delight at the level of work on the train stations and the modern c...

WSJ: Apple, Ford, and Disney push back on Donald Trump’s WeChat ban

Several major US companies have expressed their concern over the effects of the Trump administration’s executive order targeting WeChat, according to a report in The Wall Street Journal. “More than a dozen” companies including Apple, Ford, Walmart, and Disney are all said to have taken part in a call with White House officials on Tuesday where the companies detailed the adverse consequences that a ban on WeChat could have on their own businesses. The post WSJ: Apple, Ford, and Disney push back on Donald Trump’s WeChat ban appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, shari...

Iranian president threatens consequences if arms embargo extended

Iranian President Hassan Rowhani has threatened consequences if the UN Security Council prolongs an arms embargo against Iran at the behest of the United States. The post Iranian president threatens consequences if arms embargo extended appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.