SABINEWS MORNING NEWS UPDATE FOR MARCH 8, 2017
Ignore Dabiri-Erewa’s Advisory on Non-essential US Trips, Foreign Affairs Minister Tells Nigerians
The Minister of Foreign Affairs, Geoffrey Onyeama, on Tuesday called on Nigerians desirous of travelling to the United States of America for legitimate reasons to feel free to do so as relations between Nigeria and the US had not changed.
Onyeama, while assuaging fears that Nigerian nationals are being turned back at entry point into the US, maintained that no Nigerian with a full valid entry visa was denied entry to the US as being widely circulated. Read more
Saraki, Dogara Ekweremadu Hail Osinbajo at 60
Senate President Bukola Saraki, his Deputy Ike Ekweremadu, and the Speaker of the House of Representatives, Hon. Yakubu Dogara, on Tuesday showered encomiums on the acting President, Prof. Yemi Osinbajo, on Wednesday’s occasion of his 60th birthday anniversary, saying the acting president has performed creditably well within a short time. Read more
FG, China to Finalise $11bn Lagos-Calabar Rail Deal in June
The acting President, Yemi Osinbajo, on Tuesday said the federal government and the People’s Republic of China would round off negotiations on the Lagos-Calabar rail project estimated at $11.117 billion in June.
Osinbajo also disclosed that the federal government had already provided its portion for funding the rail project and promised that the negation would be concluded in the next three months. Read more
Respect for rule of law will end our woes, says Onnoghen
Acting President Yemi Osinbajo yesterday inaugurated Justice Walter Onnoghen as the new Chief Justice of Nigeria with a call on him to restore confidence in the country’s judiciary.
“The mere perception of judicial malfeasance poisons the waters of justice let alone the reality, while delays in the administration of justice often defeats the end of justice,” Osinbajo told Onnoghen. Read more
How gender issues added colour to Social Media week
ALMOST nothing brings together a large number of vastly different interests and skill sets like technology. Little wonder then that the recently held Social media week in Lagos was as versatile an event as one can imagine. Politics had its day in the cloud as Governor of Kaduna State, Nasir El Rufai praised social media for its impact on governance. Read more
Helicopter operations set to boom on Lagos, Kaduna, Abuja routes
Helicopter service operators in the country are set for a boom time on account of the temporary closure of the Nnamdi Azikiwe International Airport (NAIA), Abuja, for its runway repair.
The operators, who are deploying both charter and shuttle service helicopters for different categories of people and pockets, on various routes inwards Abuja, are expecting to make it big with the traffic. Read more
Osinbajo, Ngige, APC mourn Onukaba Adinoyi-Ojo
Acting President, Professor Yemi Osinbajo, has expressed sadness over the death of Dr. Onukaba Adinoyi-Ojo, a veteran journalist, playwright, academic and politician. This came as the All Progressives Congress, APC, decried the inadequate policing of the nation’s highways, saying it has caused several avoidable deaths, the latest being that of Dr. Adinoyi-Ojo veteran journalist and front line member of the party. Read more
Isoko chiefs spit fire over monarch’s death rumour
The Isoko Council of Traditional Rulers in Delta State led by the chairman, Chief Anthony William Omogha, Ovrawha Omogha 1, the Odiologbo of Oleh Kingdom, has threatened to seek redress on the alleged rumoured death of Olomoro monarch, at Ikiagbodo Olomoro, Isoko South Local Council. Read more
Senate directs Customs to halt vehicle duty ultimatum
The Senate has passed a resolution directing the Nigeria Customs Service to halt its plan to penalise Nigerians who do not pay duties on their vehicles within one month. The resolution, yesterday, followed a motion by the Deputy Leader, Bala Na’Allah, who said the new Customs policy was “a serious matter.” Read more
How regulatory policies affect the growth of Nigerian telecom sector
THE regulatory atmosphere in Nigeria’s telecommunication sector may appear inconsistent and bullish in some aspects, particularly in the areas that affect business operations. However, the balance it creates between the government, operators and the users makes it the most unique in Africa. Read more
Obiano’ll win Anambra again —APGA chieftain
AHEAD of the November 2017 governorship election in Anambra State, Deputy National Chairman of All Progressives Grand Alliance, APGA, Mr. Uchenna Okogbuo, has predicted victory for the party, saying that Governor Willie Obiano has done well to merit the anticipated victory. Okogbuo who spoke from his Uzuakoli country home in Bende council area of Abia State, argued that with the good performance of Governor Obiano, the party has no fear that victory would come its way during the election. Read more
Sheriff Threatens Disciplinary Action against Disloyal Staff
The National Chairman of the Peoples Democratic Party (PDP), Senator Ali Modu Sheriff, has warned that any member of staff of the party that fails to heed his call to return to work may face disciplinary action.
The warning came as efforts to stem the raging crisis in the party saw the Standing Committee on Reconciliation headed by Bayelsa State Governor, Henry Seriake Dickson, tuesday submitting its report and recommending that a unity convention be held on June 30. Read more
DHQ Gets New Spokesman
A new Director Defence Information has been appointed. He is Major General John Enenche.
He replaced Brigadier General Rabe Abubakar who is now the Director of Information Management in the Department of Civil Military Affairs, Army Headquarters. Until his appointment as the new Defence spokesman, Major General Enenche was the Defence Liaison Officer at the Defence Headquarters. Read more
Buhari’s Health: Presidency Should Stop Using Phone Calls to Deceive Nigerians, Says CNPP
The Conference of Nigeria Political Parties (CNPP) has asked the federal government to stop the phone call games with President Muhammadu Buhari and face governance issues that would alleviate the suffering of the masses.
The conference observed that the continued media hype of the president’s calls to different individuals was unnecessary since President Buhari has transmitted power to Acting President, Yemi Osinbajo, who should not be distracted at this trying times. Read more
EFCC Tells Court Why Ex-NNPC GMD’s $9.7m will Not Be Released
The Economic and Financial Crimes Commission (EFCC) has told a Federal High Court in Abuja, that a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Andrew Yakubu, cannot be released on bail for now because he has series of corruption allegations to respond to in relation to his former official position.
The anti-graft agency told the court that apart from the $9,772,800 and another 74,000 pounds found in his Kaduna house, Yakubu is being held in connection with several cases of corruption brought against him while he held sway as the NNPC boss Read more
Ugwuanyi’s Judicial Victory Well Deserved, Says Group
A civil society organisation, Coalition of Civil Society and Media Executives for Policy Stability (COCMEP), has described as sagacious and true reflection of the wishes of Enugu State people and the ruling party, Peoples Democratic Party (PDP), the recent Court of Appeal judgment re-affirming the validity of the state Governor, Ifeanyi Ugwuanyi’s nomination by the state chapter of PDP. Read more
Three Killed as Custom Officers, Car Dealers Clash in Kwara
No fewer than three persons were feared killed tuesday when officers of the Nigeria Customs Service (NCS) and car dealers, who sell in imported tokunbo cars, engaged themselves in a gun duel at the Bode-Saadu area in Moro Local Government Area of Kwara State.
Also, during the incident, according to THISDAY checks, three other persons who sustained varying degrees of fatal injuries from the exchange of gunshots, are currently receiving medical treatment at one of the private hospitals in the town. Read more
Robbers Attack Bank in Ondo, Kill Five Persons
Armed robbers tuesday struck at Ogbagi-Akoko, a town in Akoko North West Local Government Area of Ondo State and killed five persons when they attacked a branch of Skye Bank in the town.
THISDAY learnt that those killed comprised a policeman, two guards of the bank and two customers of the bank. Read more
Escalation of Killings in Ogoni Worries Abe
The senator representing Rivers South East senatorial district, Senator Magnus Ngei Abe, has condemned the escalation of killings in parts of Rivers South East senatorial district particularly in Ogoniland and promised that he was making concerted effort with youths, traditional rulers, clergy men to stem the crisis.
Speaking with journalists in Port Harcourt, Abe further said he would discuss with security agencies particularly the Inspector-General of Police (IG) in order to put a halt to the senseless killings and wanton destruction of property in the area. Read more
Court Sentences Tor Tiv Impostor to Four Years in Prison
A Chief Magistrate Court in Gboko presided over by Mr. P. S Chaha tuesday sentenced an impostor who mysteriously defied all security and protocol deployed during the coronation of the Tor Tiv, Dr. James Ayatse in Gboko last weekend to four years in prison.
The court held that the 30-year-old Stephen Nyitse, who sat on the Tor Tiv’s throne shortly before the new king was installed was guilty of trespass and impersonating the new Tor Tiv, Ayatse. Read more
Rainstorm wreaks havoc in Delta, Edo
A devastating rainstorm has wreaked havoc in Oleh and other local councils in Delta State. Hundreds of persons have been rendered homeless and property worth millions of naira destroyed.
When The Guardian in company of Oleh Divisional Police Officer, DSP Muazu Mohammed and some councillors from Isoko South Local Council visited the area, scores of electricity poles had fallen and primary school buildings were also destroyed. Read more
At 60, Ghana reminisces about Nigeria’s role at independence
Ghanaian High Commissioner to Nigeria, Mr. William Awinador-Kanyirige, has saluted Nigerians for their role in the actualization of the country’s Independence, 60 years ago.
Speaking at an event to commemorate Ghana’s 60th independence anniversary, the High Commissioner stated that the struggles toward independence, was not carried out by Ghanaians alone, but also, by every African within the territorial space. Read more
Beggars Protest, Shut down Lagos Assembly
Hundreds of beggars tuesday stormed the seat of government in Lagos State, Lagos House in Ikeja and the state House of Assembly to protest what they called unlawful harassment and ill-treatment of their members by officials of the state government.
The beggars numbering around 400, stormed the State House, Ikeja in the morning and immediately prevented people from gaining entrance and exit from the governor’s office. Read more
House Demands Inventory of Seizures,Forfeitures to EFCC
The House of Representatives, tuesday, directed its Committee on Financial Crimes to undertake a comprehensive audit and inventory of all seizures made by the Economic and Financial Crimes Commission (EFCC), and forfeitures of movable and immovable assets, since the establishment of the anti-graft agency in 2003.
The House noted that the inventory of the movable assets, including cars, is necessary to ascertain their conditions and current values, to prevent decay and waste. Read more
N’Delta Women Demand Direct Allocation of 13 Percent Derivation Fund
A coalition of Niger Delta Women Organisations yesterday demanded the direct payment of the 13 per cent derivation fund to impoverished oil and gas-bearing communities in the region.
The group which has already presented a copy of the demands to the Acting President, Prof. Yemi Osinbajo, during his official shuttle of the states in the region, described the current system of allocation as an “aberration.” Read more
Health workers begin strike over alleged corruption, unpaid salaries
Allied health workers across the country on Monday began a nationwide strike over alleged corruption in the Federal Ministry of Health.
The National President of the Nigerian Union of Allied Health Professionals, Dr. Ogbonna Obinna Chimela, announced the strike at the University College Hospital, Ibadan, Oyo State. Read more
Reintroduction of bank charges for cash deposits, withdrawals
The Central Bank of Nigeria (CBN) has reintroduced bank charges on certain categories of cash deposits and withdrawals, effective April 1. This is coming three years after the apex bank stopped the charges, following criticisms that they could erode public confidence in the nation’s payments system.
In a circular to all commercial banks posted on its website two weeks ago, the CBN said the decision to reintroduce the charges is part of a general review of charges under the cashless policy, which was introduced in 2012, with Lagos as the pilot state, while Abuja and five other states were brought on board on October 1, 2013. Read more
In New Economic Policy, Nigeria To Privatise Select Assets
The federal government yesterday unveiled its long-awaited Economic Recovery and Growth Plan (ERGP), in which it disclosed plans to privatise some public enterprises/assets.
The government also disclosed that it will significantly reduce its stake in joint venture oil assets and other oil and non-oil assets with a focus to raise more funds to finance the four-year plan. It did not mention the assets to be privatised or sold. Read more
FG targets 4.62% GDP growth in new recovery plan
The Federal Government yesterday expressed optimism that the Nigeria economy would exit recession and grow by 2.19 percent this year. Speaking on the unveiling of the New Economic Recovery and Growth Plan 2017-2020, the Media Adviser to the Budget and Planning Minister, James Akpanden, stated that Gross Domestic Product (GDP) was expected to grow an average of 4.62 percent a year until 2020, and would hit 7 percent in 2020. Read more
Rate convergence likely over CBN’s dollar supplies
The ongoing weekly dollar supplies by the Central Bank of Nigeria (CBN) at the interbank market are expected to facilitate exchange rate convergence in the coming months, analysts have said.
Speaking on the development, the Managing Director, Financial Derivatives Company Limited, Bismark Rewane, said the convergence between the parallel and official rates, has started after the CBN’s sustained dollar interventions in the interbank. Read more
Nigeria launches Economic recovery plan; targets 10 GW, food security
Nigeria has finally launched the long-awaited Economic Recovery and Growth Plan, a medium-term plan for 2017-2020, broadly targeting restoration of growth, human development and globally competitive economy, in efforts to combat current economic crisis and achieve sustained diversification and inclusiveness.
The Ministry of Budget and National Planning released the ERGP document on Tuesday, eventually providing a policy and reform framework, demanded locally and internationally, to haul the economy out of recession and chalk out path to national development. Read more
GE Partners Tony Elumelu Foundation on Lagos Garage
Leading multinational, General Electric (GE) and leading entrepreneurship organisation, The Tony Elumelu Foundation (TEF), have announced a partnership that would allow up to 25 Tony Elumelu EF Entrepreneurs to participate in a dedicated four-week advanced manufacturing training programme every year at GE’s Lagos Garage – a hub for advanced manufacturing-based innovation, strategy development, idea generation and collaboration. Read more
Halogen Bridges Gap on Abuja Airport Closure with Security Solutions
Nigeria’s foremost security solutions services provider, Halogen Security Company Limited, has perfected plans to ensure that air travelers to and from Abuja during the six weeks that the Abuja Airport will be closed for maintenance will do so in style, safety and comfort through its Secured Mobility Business.
In conjunction with Charter partners, the company will be providing air travel options for intending travellers into Abuja through Minna, while also rendering executive chauffer and escort services from Kaduna Airport to Abuja. Read more
ExxonMobil’s one billion crude oil discovery spurs interest in government policies to grow reserves
As Nigeria’s crude oil reserves increased to 37 billion barrels, led by new discovery by ExxonMobil, the need for strategic policies capable of encouraging investment in exploration production becomes imperative.
This new feat has been seen by stakeholders as a significant development in the country’s quest to increase reserves to 40 billion barrels by 2020, saying that with the right investment incentives and adequate policies, the country will be able to achieve its targets to increase crude oil reserves Read more
OPEC production cut and emerging realities!
In a report done for BloombergMarkets by BaileyLipschultz on the 17th of February, 2017 (last week), the online media submitted that Shale drilling is on a row as the Organization of Petroleum Exporting Countries, OPEC cuts prices to keep crude oil above $50/barrel. In this week’s edition of Drillbytes, the details of the production cut and attendant stability hovering around $55/barrel is x-rayed with a note for Nigeria to use the emerging realities to buckle up in its quest to take advantage of the price relief even if marginal Read more
Oil Marketers Meet NNPC, Others, Seek to Resume Petrol Importation
The three major oil marketers associations in Nigeria, tuesday met with the Nigerian National Petroleum Corporation (NNPC), Petroleum Equalisation Fund (PEF) and Petroleum Products Pricing Regulatory Agency (PPPRA), and expressed their willingness to resume importation of petroleum products, especially petrol. Read more
Iwobi Dropped From Arsenal 18-Man Squad For The First Time In 33 Competive
Super Eagles attacking midfielder Alex Iwobi will play no part in Arsenal’s Champions League Round of 16, Game 2 tie against Bayern Munich at the Emirates Stadium on Tuesday night.
The Hale End Academy product has not been named in the starting eleven and is not among the seven substitutes. Read more
Wolfsburg Osimhen Undergoes Surgery , Ruled Out Of Super Eagles Friendlies
According to reports gathered by Owngoalnigeria.com Victor Osimhen has been ruled out of the Super Eagles friendly games against Senegal and Burkina Faso later in the month.
The 18 year underwent surgery in Germany and will now miss 12 weeks, which effectively rules him out of the season and also any national team assignment for same period of time . Read more
Slaughtering Arsenal brings Bayern Munich a financial reward
When you win in the UEFA Champions League, you make a lot of money. Last season, Bayern Munich won a total of €64,391,000 from their run to the semifinals of the Champions League, and following the destruction of Arsenal in the Round of 16, they’re already edging closer to that number for this season.
Bayern’s 10-2 victory over Arsenal adds another €6.5 million to their war chest bringing the total from the 2016-17 UEFA Champions League to €31.2 million, according to Abendzeitung. Once you add in the market pool amounts, Bayern’s already moved past €60 million. Read more
United States Loses Twice in a Row for First Time in 3 Years
The United States women’s national team was thrashed, 3-0, by France on Tuesday night at RFK Stadium, losing consecutive games for the first time in three years as it continued to stumble through a tactical and personnel pivot ahead of the 2019 World Cup. It was also the first time the team had lost consecutive home games since 2000.
The defeat, on a rainy night and before an early departing crowd, came three days after the Americans fell to a last-minute loss against England, and it marred what the team had expected to be a week of productive experiments and tough tests against three of the best teams in the world. Instead, it was a frustrating stretch in which the team produced only one goal. Read more
UCL Extra Time: Bayern Munich trolls Arsenal, Alexis Sanchez smirks on the bench, Ramos’s record
Bayern Munich couldn’t help but rub in their humiliation of Arsenal. After putting 10 goals past the Gunners in two Champions League ties, or 15 in three if you include their meeting last season, it’s safe to say the Bavarian giants saw the funny side of things.
Props to their social media team for having the gall to post the ultimate insult. Read more
Manchester City reportedly targets £86M Torino striker Andrea Belotti
Torino’s No. 9 Andrea Belotti turned many heads Sunday, notching a hat trick in a blistering eight minutes. Manchester City is now one of those heads.
The Mirror reports that the Citizens have thrown their hat into the ring for the Italian striker. Other clubs watching the Belotti with interest are Chelsea, Arsenal, Manchester United and Real Madrid. Read more
Hawaii to contest Donald Trump’s revised travel ban
A motion filed in federal court in Honolulu says the state wants to amend its existing lawsuit challenging Mr Trump’s previous order.
The order bars new visas for people from six Muslim-majority countries and temporarily shuts down America’s refugee programme, affecting would-be visitors and immigrants from Iran, Syria, Somalia, Sudan, Yemen and Libya. Read more
Victoria orders investigation into claims security at National Gallery underpaid
The Victorian government has given security provider Business Risks International one week to respond to allegations that security guards deployed to landmark locations are being paid in cash and denied entitlements such as holiday pay.
Victoria’s finance minister, Robin Scott, told Guardian Australia on Wednesday that his department had ordered an immediate investigation into the firm following allegations that security staff deployed to the prestigious National Gallery of Victoria (NGV) were being underpaid. Read more
China says South Korea deployment of THAAD is a mistake, urges halt
Chinese Foreign Minister Wang Yi said on Wednesday that South Korea is making a mistake in deploying the U.S. anti-missile defence system THAAD and urged Seoul to halt the deployment
Speaking at a news conference on the sidelines of the annual meeting of China’s parliament, Wang said the THAAD system undermines China’s security and may make South Korea less secure. Read more
Malaysian PM Najib says no plans to cut diplomatic ties with North Korea
Malaysia has no plans to cut diplomatic ties with North Korea after a rise in tensions that led to reciprocal travel bans after the half-brother of the North’s leader was killed in Kuala Lumpur, Prime Minister Najib Razak said on Wednesday.
North Korea barred Malaysians from leaving the country on Tuesday, sparking tit-for-tat action by Malaysia in a growing row over the murder of Kim Jong Nam, the estranged half-brother of North Korean leader Kim Jong Un, in Kuala Lumpur airport on Feb. 13. Read more
U.S. secretary of state to make first trip to Asia
U.S. Secretary of State Rex Tillerson will make his first trip to Asia next week and meet with senior officials to discuss North Korea’s recent missile tests and U.S. economic and security interests in the region.
He will arrive in Japan on March 15, continue on to South Korea on March 17 and visit China from March 18-19. Read more
All but one major bank oppose move to name executives involved in breaches
Three of Australia’s big four banks have opposed parliamentary recommendations that senior executives should be named for breaches affecting customers.
The chief executive of Westpac, Brian Hartzer, was the final of the big four bank bosses to appear before the house standing committee on economics reviewing past behaviour. Read more