Tuesday, 12 August 2014

The Nigerian Sovereign Investment Authority (NSIA)

The Nigerian Sovereign Investment Authority (NSIA) managers of the nation’s sovereign fund, will today release funds as part of its equity stake in the second Niger bridge, even as it revealed that it earned N2.5 billion in profits at the end of the half year 2014 period.

“We are in the process of paying money to Julius Berger as part of early works for the bridge,” said Uche Orji, the managing director, NSIA, in a telephone interview with BusinessDay.

“The SWF made net profits of N2.5 billion as at June, 2014, while our expenses were flattish to down,” Orji said.

The profits are 370 percent higher than the N525 million profits realised by the NSIA in the 15 month period to December 2013.

Half of the profits are realised gains, while the rest are unrealised gains from the investment portfolio, based on the market’s performance, according to Orji.

The Julius Berger-NSIA Motorways Investment Company (JB-NMIC) Consortium is the preferred bidder for the development of the Second River Niger Bridge Project.

The NSIA invests with three funds which are the Future Generations Fund to which it allocates 40 percent of its assets; Nigerian Infrastructure Fund (40 percent) and Stabilisation Fund (20 percent).

The Nigeria Infrastructure Fund (NIF) focuses entirely on domestic investments in selected infrastructure sectors.

“The Nigeria Infrastructure Fund (NIF), NSIA is focused on investing in critical infrastructure that would attract and support Foreign Direct Investment, promote economic diversification and enhance growth,” The NSIA said in a statement in its 2013 FY financial report.

The NSIA has funded three commitments in the infrastructure fund namely: the Nigeria Mortgage Refinancing Company, in which it holds 22.7 per cent stake, fund for agriculture finance and the second Niger Bridge.

Speaking on the future generations funds (FGF), Orji said four hedge fund managers were allocated 25 per cent of the agency’s assets, across various strategies including global, macro and long-short equities.

The FGF has an investment horizon of about 20 years.

Orji said the near term view is positive for the market in 2014, with 80 percent of the FGF asset allocation in growth assets, 15 percent in inflation hedge assets and 5 percent in deflation hedge assets.

Within the growth asset category, the NSIA has allocated 25 percent to equities, split 15 percent to emerging markets and 10 percent to developed markets.

‘‘We have also allocated 25 percent to absolute return funds, another 25 percent to private equity funds and 5 percent to other diversifiers. Within the inflation protection assets, we have allocated 10 percent to real assets and 5 percent to commodities. And finally we have retained 5 percent in cash as deflation protection for the portfolio,’’ he said.

The Private Equity (PE) fund would also be fully allocated by December, according to Orji.

While there was no direct exposure to Nigerian equities for the period, there was a little indirect exposure through investments in Emerging Markets (EM) fund managers with Nigerian assets in their portfolios.

‘’We are not considering direct exposure to Nigerian equities for now,’’ Orji said. aug.11.2014

Monday, 21 July 2014

Continuation of the final Saga     .....ME: Its not like that, I just don’t like to be
rejected when
I needed
something.
BIMPE: do u truly love me?
ME: yes off course
BIMPE: then why the rush?
*********i knew bimpe is not giving in this time,
so I
starting
calling her sweet names, tell her sweet words,
reminded
her of
how I loved her, how we will run our home
when
married.
BIMPE: then why don’t u propose to me and
engage me?
ME: you know this is the first time of our
meeting, all my
proposing plan is still our next meeting, I want
to make
it a
surprise to you.
******bimbe was just quiet, so I moved closer
to her
and kissed
her, we started kissing so passionately, I moved
my
hands down
to her shirts, she held my hand and said ” I
don’t want to
scatter
my dressing, just wait”.
She unhooked her trouser, pulled it down with
her pants
to knee
level. Bends and positioned her a$$ to me.
“Onihaxy”
now u can
get what you want” she said.
Without wasting time. I pulled off my boxers,
raised the
mattress,
picked a condom, wear it and slid it in from the
back. It
was so
sweet that she keeps moaning, yeeeah babyyy I
will miss
youuuuu,baby I love uuuuu, oooouch. Switching
tempos. Finally,
I cum after 8minutes. She clean up with tissue,
while I
did the
same.
BIMPE: now that you are satisfied, can you go
now?
ME: ok *********i dashed out of the house to
meet
segun*********
**********************************
Me: sege, how I go take discharge this girl
now?, I no get
the
liver to tell her make she dey go without money
SEGE:, just tell her say you saw her messages,
show it to
her
and pursue her comot.
ME: I still don’t have the liver.
SEGUN: sebi u don’t Bleep sumtin wey worth
your
4,500balance?
ME: something like that.
SEGUN: oya “rinso” make I go finish her for you.
ME: na u go do all the talking ooooo.
SEGE: chaiiii, u no be only maga but certified
mumu.
Abeg waka
make we go.
*******we left his house and got to my
apartment***************
segun greeted bimpe.
SEGE: our wife, our you dey?
BIMPe: I’m fine, I’m so sorry about the last
robbery
incident,
SEGE: no mention jaree, sebi na dis my MUMU
friend
cause am,
if no be dat, I no go leave my room open to the
extent of
been
robbed.
*********by now I was shaking and blinking at
segun to
stop cos
I was afraid*********
BIMPE: mumu kee?, abeg my husband no
mumu ooooo,
I no like
dat word, I no dey take my husband joke with
people
oooo
SEGE: really?, if no be say he mumu, how no
suppose
know say
another guy dey Bleep him babe for free in this
akure?
BIMPE:*****was curious****** which babe?
****turns
to me****
onihaxy, so u get another babe for this akure?
Upon
how I loved
you?,
SEGE: madam calm down, na u I dey talk to.
BIMPE: me?*****raised eye brow*****
SEGE: yes, we know you sex machine “sodiq”
wey dey
live ijoka.
Sunday bustop to be precised. How u sleep
there for 2
nites, how
u went there yesterday for quickee, how u
suck…………..
****now I was vibrating, just watching the two
of the
with my
mouth sealed, my heart was beating
faster*******
BIMPE: *****turns to me****baby, what is the
meaning
of the
rubbish your friend is saying?. And you were
there?, u
can’t talk?.
Abegi I no get time to yarn trash, give me my
money
make I dey
go.
SEGE: u are not getting any kobo here.
****segun
collects my
fone, opened facebook and started reading all
the
conversations
out from beginning to the end.
BIMPE:****sober and started crying and faced
me******baby, I
can explain this, its not what you think
ME: ********looked her with a little
courage******
nothing to
explain bimpe. Whatever segun says is the final.
SEGE:, before the count of ten, I want you out
of this
house or
else I will molest you.******segun start to pull
off his
belt*******
BIMPE: please I will leave*****turned to
me******baby
pls for
God’s sake, I love you so much, I can explain.
*****i felt so sorry for her that my eyes were
soaked. I
feel like
stopping segun but he looks to determined. I
couldn’t
watch
bimpe moving in tears that I had to face the
wall till she
left.
**********that was the last time I saw bimpe.
2days
later, she
blocked me on her facebook, whatsapp and
deleted me
on

FINAL PART OF THE STORY ****ADEBIMPE THE
FACEBOOK GIRL***
BIMPE:, see, I didn’t come back because of the
money
you want to
give me. I only came back because I love you
ME: baby, you know I loved you too, I am so
sorry for my
approach the other time. Its because of my
uncontrollable urges.
BIMPE: its ok dear.
Bimpe dropped her back, sat on the bed with
me and
came closer.
“Onihaxy, u know I love you so much, I came all
the way
from PHC
just because of you. Why are you treating me
like this?”
Bimpe
said.
I am sorry once again. Pls forgive me.
I pulled bimpe closer, placed her back on my
chest, I
wrapped her
in my arms and “yinmu” on her.
I bend my head forward and kissed her, she
responded
and held
my head towards her. We kissed passionately.
Then I
dipped my
hand into her round neck blouse, locate her
Tips. I
started
handling the two Tips. I squeeze and pressed.
This time,
bimpe
started moaning softly. Then I moved my hands
down to
her mini-
skirt. I pull it up. Behold, bimpe is pantless.
I started finger bleeping, I dipped on finger in,
twisting it
and
knocking the walls of the Kitty-Cat.
I increased it to 2 fingers, then 3 fingers.
I stop finger bleeping and began tilting his
femalecore. I
pulled off
her shirt and sucked the bosoms.
Bimpe’s moaning increased. She turned aroung.
Grabbed my
erected dick and covered it with her mouth. She
sucked
licked and
spit on it.
After few minutes of sucking, I dipped my hand
under
my matress,
picked my condom, wore it and lie down down
on my
back.Bimpe
sat on my pointed dick and start the “woman at
the top
pounding”.
Ohhhhh, yeeeeeah, huuuuuuch, hmmmmmm.
Heeeee,
bimpe
moaned at different tempo. Going up and hitting
her a$
$ on my
thigh.
She twisted round and began a “reversed cow
girl” sex. I
was
having a good view of her a$$ while was
moving up and
down on
me. I pushed he forward into a kneeling
position, I
stroke her from
the back.
Bimpe was shouting, harder baby, faster faster,
deeper
deeper,
mess. So many tones and tempos. I wasn’t
responding
to well
because its a “mission sex”. We keep switching
position
till we
wereboth tired at around past 7am. We both
lied
Unclad on the
bed and slept off
*********wake up, wake up, wake up. I heard
someone
tapping
me. It was bimpe. I opened my eyes and found
bimpe
on the bed
well dressed up. And the time is 8:00pm on
dot.******
Bimpe: hurry up to get the money and let me
start
leaving
Me: ******smiled*********
BIMPE: why smiling dear, did I say anything
funny?
ME:****i looked straight into her eyes and said
to
her*******
Adebimpe, you are not getting a single kobo
from me.
Bimpe:**** was shocked and restless*** Abeg if
na
joke, just stop
am abeg…..
Bimpe:, if na joke, u better stop am
ME: **i looked at her straight face****, just
kidding
dear. I only
want to study ur “anger management”.
BIMPE: better. So how are we moving?, I’m set
already.
ME: I thought of something, banks don’t
resolve debit
issue in a
day. So let me call akin, *****i picked my fone,
made a
fake call
as I distance myself abit from bimpe to avoid
Bleep
up************ “ok akin, thanks bro. I will come
there
with segun
to get it right away”, then I hanged up…
BIMPE: hmmmm, those promise and fail friends
you
have abi?
ME: no dear, Akin is not like that, he is a good
guy unlike
segun.
He is so nice dear. So let me call segun to
inform him.
BIMPE: ok, go ahead and do the calling.
*****i picked my fone, dialled segun’s number. I
told
him we
should meet at akin’s place this morning to get
the
money****, I
hanged up
ME: bimpe, I’m going to miss you dear
BIMPE: me too
ME: when next are we seeing?
BIMPE: whenever u are ready to finance the
journey.
But this
time, u will send TO and FRO money to avoid
another
delay.
ME: ok dear.
*****i moved closer to her, grabbed her head
and kiss
her again,
she responded and reciprocated. I whispered
into her
ear, “I
want to feel you one more time baby”. She
resisted at
first. When
she saw my frowned face. She came over to
me, and
said
BIMpE: but why do u like sex dis much?
ME: Its not like that, I just don’t like to be
rejected when
I needed
somethin