Friday 16 December 2011

Monalisa Chinda Gets Energy Drink Endorsement Deal Worth N30M

Multi million Naira endorsement deals are currently flying left, right and centre in Nollywood with most of the stars involved smiling heavily to the banks with mouth watering offers. Star actress and Glo ambassador, Monalisa Chinda recently landed a juicy endorsement deal as the face of Vita500, a new energy drink from South Korea that recently stormed Nigeria and all West African countries.

Naijapals gathered that sexy Chinda was paid a whopping N30 million, for her pretty and popular face to be associated with the wave making drink currently being marketed and distributed in the whole of West Africa by Mescon Industries limited.

Chinda, who’s also the face of the ongoing Rivers State cultural fiesta, tagged CarniRiv 2011, happily confirmed the deal, but blatantly refused to disclose the amount involved.




“Yes, I’m the new face of Vita500 energy drink; we recently concluded all contractual agreements with both parties being very happy with the deal. I’m not denying the fact that I was handsomely paid, but the amount is what I cannot disclose, it’s personal. My job for them as an ambassador is to basically use my face and goodwill to help promote the brand in Nigeria and other West African countries. This involves a lot of traveling and strategic public appearances”, she disclosed.

The top actress who recently returned from Atlanta Georgia, US, where she shot a new film and equally participated in the annual new media Nollywood programme, which was hosted by the Georgia Institute of Technology, also debunked the rumour making the rounds that she and her colleague, Nse Ikpe Etim are engaged in a media war. “Nse and I are not fighting, we’re still very good friends. I don’t know where the wicked people circulating the ugly and fake story got it from,” she insisted.

On her plans for 2012, Chinda added: “Now that I’m back, the next thing on my agenda is to conclude work on my soap, Catwalq, which I intend releasing early 2012. It is a soap that will change the face of programming on TV when it finally hits the airwaves. I have a lot to do and unveil in 2012 and my fans should be ready to see more of me, because I will be thrilling them nonstop.”
Source

Ghana to sell electricity to Nigeria



Volta River
Ghana’s ruling government has concluded plans to begin export of electric power to Nigeria and other West African countries by 2015.
The country’s Vice President, Mr John Dramani Mahama, who unfolded the plan in Accra, on Tuesday, said the government has already embarked on extensive expansion of power infrastructure to enable them achieve the project.

Mahama explained that a key motivation for the investment was that Ghana presently has competitive advantage in the area of power supply over other neighbouring countries, including Nigeria, which is still grappling with massive power deficit for its estimated 150 million citizens.

The vice president, who spoke at a summit on Millennium Challenge Account (MCA) Compact Two in Accra, said the country intends to consolidate on its existing energy infrastructures by exploring alternative sources of supply, including solar power and biomass resources, to ensure that the target of selling power to other West African countries was achieved by the next four years.

Mahama, who underscored the imperative of stable energy in the economic development of his country said Ghana was partnering the United States Government to realize the dream, stressing that raising the nation`s power generation would in addition create wealth and alleviate poverty among her citizens. It was in the light of that initiative that the Millennium Challenge Account Compact two was organized to seek ways of funding power generation and transmission and uninterrupted power supply.

Under the arrangement, the country intends to increase her current 2000 megawatts of electricity to 5000 megawatts with the hope of selling surpluses to needy countries including Nigeria. Also speaking, Ghana’s deputy minister of Energy, Alhaji Inusah Fuseini explained that the country would require about $1.7billion to meet its quest for universal access to power supply, pointing out the President Arthur Mills government had already received about $966.55million from bilateral and multilateral institutions in that regard.
Alhaji Fuseini said there was a` shortfall of about $729million against which background it considered MCA compact two was considered useful.

IT would be recalled that Ghana has one of the largest dams in the world had in 2009 celebrated her ten years of uninterrupted power supply. Authoritative sources say that the Akosombo Dam built by late President Kwame Nkrumah has the potential to supply the entire West Africa with electricity if fully utilized.

It would be recalled that President Goodluck Jonathan had shortly after being sworn-in in May reviewed the nation’s power roadmap, raising fears that Nigeria may continue to live with power shortages in the foreseeable future.
Source