Sunday, May 16, 2010

Bizman Drags Former Minister, Others To Court

The last may not have been heard of crisis arising from leands revoked by the former minister of the Federal Capital Territory 9FCT), Malam Nasir el-Rufia, as an Abuja based businessman, mr. Michael Olorunleke, moves contempt proceedings against him and two others.

Olorunleke, also dragged to court, the Inspector General of Police (IGP), Mr. Ogbonna Onovo, and the FCT Police Commissioner, Mr. John Haruna, who he accused of working in consort with prominent Anambra State businessman, Chief Arthur Eze, to prevent him from taking possession of his property.

The Abuja based businessman has also petitioned President Goodluck Jonathan, on the same matter as he alleged that orders obtained in his favour were to no avail as armed policemen remained on the property.

Five plots of land in the Asokoro District, including plot 939 Gudu Cadastral Zone, belonging to the petitioner were said to have been allocated by the FCT Ministry under El-Rufai, on March 7, 2007 but was however revoked on April 17, 2007 and reallocated to Chief Arthur Eze.

The approval was contained in a memo raised by one of the former minster's aides, Mr. Ezeama Cyril, dated April 12, 2007 and titled "Request for Land Allocation By Prince Arthur Eze."

It read in part: "Appeals have been received from Prince Arthur Ikpechukwu for allocation of plots for development of residential, office complex and a five star hotel in Abuja. You may recall your directive after the meeting with him (Arthur Eze) ON (19/3/07) to bring recommendation for allocation.

"In view of the above please you (are) kindly invited to consider and approve that AGIS should revoke from any holder and grant allocation as follows", the memo went ahead to name the five plots already allocated to five persons including Olorunleke's plot 939 Gudu District.





Monday, April 12, 2010

Alleviates Debt Problem - Debt Consolidation Tips

By [http://ezinearticles.com/?expert=Elaine_Owen]Elaine Owen

Debt consolidation provides relief from debt problem. Debt consolidation is availed, when the person faces problem while managing his debts. It doesn't matter that they are business, personal or credit card debts. In debt consolidation multiple debts of the person are merged together and are paid off by the lender on behalf of the person. And, in return to that the person is given with a single debt, which is absolutely easy to handle. There are several advantages of availing debt consolidation such as:

o Debts become manageable

o No harassing calls from creditors

o Saves money

o Low interest rate

On availing debt consolidation, the person must follow certain tips, which will enable him to avail the best and competitive deal of debt consolidation. Some of the debt consolidation tips are as follows:

o The person must deal with reputed and authorized financing company. Dealing with well known company can save the person from getting trapped in wrong hands.

o Make sure that the deal which is being availed is cost effective in the long run.

o The person must not forget to ask for the loan quotation from the lender. Loan quote is a brief statement of cost which provides an idea of the total cost involved in the loan deal. It is provided free of cost by the lender.

o Terms and conditions of the loan agreement must be reviewed before finalizing any deal.

o It is true that debt consolidation helps in eliminating debt problem. But, along with availing debt consolidation the person must try to curtail his wasteful expenditure and limit his use of credit cards.

o Research and comparison must be conducted before availing debt consolidation.

It has been observed that people considers debt consolidation as a magic wand. They think that once they avail debt consolidation, they will never be trapped in debts again. But, as the matter of fact leniency while dealing with financial matters and payments, can again let the person to fall in vicious circle of debts. So, the person is suggested that he must plan his expenses and avoid wasteful expenditure.

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Debt Consolidation Tips - Click Here For A Bright Future

By [http://ezinearticles.com/?expert=Elaine_Owen]Elaine Owen

To carry out a work or task in an efficient manner, layout and tips play an important role. The information and knowledge makes the chore easier and convenient to achieve the goal. Likewise, to consolidate the debts, following debt consolidation tips are genuinely rewarding and worthwhile.

Any person who has accumulated the debts from various sources can easily shed or fleece them with the assistance of debt consolidation tips. In the market, debt consolidation tips has been providing its services in multiform names like debt management, debt consolidation services, debt consolidation advice and such, whose sole drift is to provide a helping hand and enable debtors to suspend the debts. It also reinstates the state of debts from being worst that might affect the financial score.

Debt consolidation tips can be availed from financial lending institutions, and financial experts are also eager to provide such recommendations. They will abridge the gap between debtors and lenders and assure lenders of your repayments which will create a way to avail loans.

Individuals or victims of debts can diminish or subtract the numerous debts in a single loan. By deducting the debts in a single amount, debtors will be obligated to a single lender instead of answering many. Such, follow up shows a direct slash of the mental strain and an escape from all the annoying comments and phone calls of the creditors.

By following the debt consolidation tips it even becomes easier to avail loans without pledging collateral. Though pledging facilitates applicants to derive more privileges but people who are unable to pledge property can least obtain the loan to get rid of the debts. Debt consolidation tips have many privileges to offer as polices and services prop to rebuild or restore and also obtaining loans at affordable charges are also possible.

Debt consolidation tips focus or are committed to provide a debt free life to the debtors. Persons with every sizable debt can apply and derive the benefits through online or by visiting individually.

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Get Best by Following Debt Consolidation Tips

By [http://ezinearticles.com/?expert=Elaine_Owen]Elaine Owen

Before we start with debt consolidation tips, there is a need to understand what exactly debt consolidation is? Debt consolidation is a loan taken to pay our several other debts on comparatively lower rate of interest. It is usually availed when the person in facing difficulty in managing and paying his numerous debts may be due to lack of time or money.

Availing debt consolidation always helps in saving an amount of money as it carries comparatively low interest rate. Debt consolidation is considered as an easy way to handle debts. It is true it is easy but there are certain debt consolidation tips which are always needed by the person to follow in order to get best out of debt consolidation.

These debts consolidation tips are follows:

o Let's start with that the person should always make sure that the lender to which he is dealing is reputable and authorized. Dealing with reputed and authorized lender will always save the person from fraud.

o The person is suggested never to accept the first offer of debt consolidation. In other words, he should not accept unless he has compared the offer with other offers of secured loan in order to see the competitiveness of the debt consolidation deal.

o Online method of locating and comparing the debt consolidation deal is considered as the best and cheap way. It not only saves time but money and effort as well.

o In order to avail low interest and longer repayment in debt consolidation, it is always recommended to avail secured debt consolidation. As collateral gives the lender a sense of security to the lender that the person easily will meet all the repayment. And, if any how he fails then the lender will sell or seize the collateral placed.

o Going through all the terms and conditions of the debt consolidation is always suggested as a single unfavorable term can affect the ability to repay an amount of installment.

o Try to clarify all the cost involved in the debt consolidation because sometimes it is seen that generally the lender includes hidden cost and other penalties which usually the person comes to know after entering in the debt consolidation agreement when nothing can be done.

o Trusting on an advertisement and availing debt consolidation can be harmful, so it's better to consult a financial advisor before going for any sort of debt consolidation program.

It will be definitely right to say that if the person follows all the above tips, he can easily get the best of debt consolidation.

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Article Source: [http://EzineArticles.com/?Get-Best-by-Following-Debt-Consolidation-Tips&id=340764] Get Best by Following Debt Consolidation Tips