97 Nigerian Oil Fields Idle as FG Defends Amount in Foreign Reserves

97 Nigerian Oil Fields Idle as FG Defends Amount in Foreign Reserves

Sabinews Midday News Update for January 9, 2015 MIDDAY NEWS


97 Nigerian oil fields idle

In the face of dwindling production figures and spiral fall in crude prices, ninety-seven oil fields belonging to the country are currently not producing, findings by our correspondent have shown.

The country has 315 oil fields in total but out of this number, only 218 are currently productive with the rest lying idle. Read more

FG defends amount in Foreign reserves

Just as the Federal Ministry of Finance has refuted allegations making the rounds that President Goodluck Jonathan has squandered the nation’s foreign exchange reserves, an analyst has opined that the President should not be blamed for the depletion.

Lead Director of the Centre for Social Justice (CSJ), Barrister Eze Onyekpere told Daily Independent yesterday in Abuja that the President succumbed to pressure and allowed the fund to be depleted. Read more

Lagos to spend N101bn on wages, pension

Lagos State Government yesterday said N101 billion (20.6 per cent) of the N489 billion budget approved by the State House of Assembly would be spent on wages and pension benefits of civil servants in the state.

Meantime, the state Head of Service, Mrs. Oluseyi Williams has warned civil servants in the state that non-collection of their Permanent Voters’ Cards, PVCs, from Independent National Electoral Commission, INEC, would disenfranchise them in 2015 election, saying “INEC wants to frustrate you.” Read more

179.7MT of rice imported in December

Despite efforts by the federal government to improve the nation’s local rice production, a total of 179,682 metric tonnes of the staple food were imported into the country last month alone.

Another 30,000 metric tonnes of the product is expected to land ENL terminal on the 7th of this month. Read more

IMF faults report blaming policies for Ebola outbreak

The International Monetary Fund, IMF, has faulted a report that blamed its policies for the Ebola crisis in West Africa.

Three weeks ago, professors from three leading British universities in a report said that policies of the IMF favoring international debt repayment over social spending contributed to the Ebola crisis by hampering health care in the three worst-hit West African countries. Read more

Aggrieved Akwa Ibom PDP aspirants want Udom replaced

Aggrieved People’s Democratic Party (PDP) aspirants in Akwa Ibom State yesterday asked President Goodluck Jonathan and the leadership of the party to replace the state PDP governorship candidate, Emmanuel Udom, within the next four days.

The aspirants, who took their protest to the Akwa Ibom PDP caucus in the Senate yesterday, said that the February elections would produce grave consequences for the PDP if the alleged irregularities and injustices perpetrated during the party’s primaries in the state are not corrected. Read more

Jonathan woos youth in second term quest

President Goodluck Jonathan flagged-off his campaign for a second term in office, in Lagos yesterday, with a strategic focus on Nigerian youth who constitute about 70 percent of the population and form the bulk of the nation’s voting bloc.

Jonathan, who is the People’s Democratic Party (PDP)’s presidential candidate, appealed the youth to vote en masse for him and all those vying on the same platform. Read more

INEC cautions on use of arms during elections

The Chairman of Independent National Electoral Commission (INEC), Prof. Attahiru Jega, has noted that the usage of arms and violence during election, means stealing the collective mandate of the people.

Jega, who was represented by the state Resident Electoral Commissioner (REC), Mr. Austin Okojie, made this assertion during a two-day stakeholders’ sensitisation forum on proliferation of small arms and light weapons in Nigeria held at EEMJM Hotels and Suites, Uyo, Akwa Ibom State, stressing that elections conducted under insecure atmosphere cannot reflect the will of the people. Read more

INEC confirms distribution of 38.7million PVCs

Ahead of 2015 February general elections, the Independent National Electoral Commission (INEC) has distributed 38,774,391.00 Permanent Voter Cards (PVCs) in 35 states and the Federal Capital Territory (FCT).

The figure is 71.3% of the cards expected to be issued. An outstanding 15,567,219 is to be issued. Read more

Enyeama Congratulates Toure On CAF Award Win

Nigeria captain Vincent Enyeama has taken his failure to win the 2014 CAF Africa player of the year award in his stride, as he has congratulated winner, Yaya Toure of Cote D’ Ivoire and Manchester City.

The event, which took place in Lagos, Nigeria on Thursday night, saw Toure beat Pierre Emerick Aubameyang and Enyeama in that order to the award, but the 32-year old goalkeeper has congratulated Toure on winning the award. Read more

Mali’s PM Moussa Mara resigns

Mali named a new prime minister on Thursday with Modibo Keita taking over after Moussa Mara (pictured) resigned under pressure from the president of the strife-torn west African nation.

Modibo Keita, who has been leading peace negotiations with rebel groups, was appointed by President Ibrahim Boubacar Keita, according to a presidential decree. Read more

South African victims of Nigeria church collapse still to be identified

The process of identifying 11 South Africans killed in a church building collapse in Nigeria has commenced, the South African government said on Friday.

“Government is committed to repatriate the remains of the 11 bodies. The work of the verification has commenced following the festive break,” spokeswoman Phumla Williams said. Read more

Thai ex-PM in impeachment hearing

Thailand’s military-appointed legislature has started impeachment hearings against former prime minister Yingluck Shinawatra.

Analysts say the move is aimed at ensuring the ousted leader stays out of politics for the foreseeable future. Read more

French govt “almost certain” Hebdo suspects circled

The French government said there was little doubt that it had located the two main suspects in the Charlie Hebdo killings at a light industrial unit in northern France where police sources said earlier a hostage-taking was going on.

“We are almost certain it is those two individuals holed up in that building,” Interior Ministry spokesman Pierre-Henry Brandet told iTELE television on Friday. Read more

Pakistan’s coastal villagers retreat as seas gobble land – TRFN

For fisherman Sammar Dablo, it was as if “the seawater stole our homes” when land erosion forced his village to relocate further inland on Pakistan’s south coast.

The people of the fan-shaped Indus Delta, where the Indus River meets the Arabian Sea, are among the poorest of the poor, mostly illiterate and living in wooden shacks on the mud flats. Read more

Nigeria’s Female Team Receives CAF Best Women National Team Award

Nigeria on Thursday won the best women national team award at the 2014 Globacom CAF awards in Lagos, the News Agency of Nigeria (NAN) reports.

The Nigerian women team defeated its Cameroonian counterpart who was nominated alongside the country for the category for women best national team. Read more



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