October 24, 2017

*APC sweeps Rivers council polls *Nationwide mass protest looms as transport fare triples *25 feared killed in attack in Benue State‏*

*APC sweeps Rivers council polls *Nationwide mass protest looms as transport fare triples *25 feared killed in attack in Benue State‏*

 

Sabinews Midday News Update for May 25, 2015

 

APC sweeps Rivers council polls

The All Progressives Congress, APC, has clinched all the positions in the last Saturday’s Local government elections in Rivers State.

The APC won all the Chairmanship positions in twenty-two Local government areas where the elections were conducted in the state. Read more

Nationwide mass protest looms as transport fare triples

The current fuel scarcity, which started like the normal low-fuel circulation, occasionally witnessed by Nigerians, is biting harder by the day.

The situation, which fluctuated a few times between mid-March, when the country was preparing for the presidential and the gubernatorial polls, has gone from bad to worse. Read more

25 feared killed in attack in Benue State

Up to 25 people are said to have been killed in an attack by suspected Fulani herdsmen on a village in Benue State, eyewitnesses said Monday.

“Herdsmen who we know to be Fulani attacked our village Lorza in the early hours of Sunday. They killed up to 25 people while many others sustained gunshot injuries,” Gholu Austen, a villager who survived the incident, told Anadolu Agency on Monday. Read more

‘B’Haram Still Controlling Vast Swaths of North-East’

A journalist with links to the Boko Haram sect, Ahmad Salkida, has revealed that, contrary to reports that the Sambisa Forest was the last stronghold of vioelent Islamic sect Boko Haram and that the Nigerian Army had wiped them out, the group still controls vast swaths of North-eastern Nigeria.

Salkida took to his Twitter handle, contradicting claims by the Nigerian Army that it has successfully liberated all the areas occupied by the Boko Haram. Read more

Foreign portfolio investments hit N440b

As a result of the successful conduct of elections and this week’s change of government, foreign investors have shown increased appetite for Nigerian portfolio investments.

Latest update on foreign portfolio transactions at the stock market showed that foreign investors are staking more on Nigerian equities than they are taking out. Read more

Manu: Iheanacho Can Replace Lampard

Head coach of the Flying Eagles, Manu Garba, says Kelechi Iheanacho can fill the void created by the departure of Frank Lampard from Manchester City if given the chance.

Manu, in a chat with SL10.ng before the team departed for Dubai en route to New Zealand for the Under-20 World Cup, said the 18-year-old has got very similar traits to the English Premier League legend. Read more

250 Ebola volunteers return amidst jubilation

Two hundred and fifty Nigerian volunteers against Ebola returned into the country yesterday after successfully helping to halt the spread of the deadly virus in some West African countries.

The volunteers were honoured with a commemorative plate by the Liberian government, bearing the inscription: “The Love of Liberty”. President Goodluck Jonathan is expected to receive the volunteers, who were deployed to the West Africa sub-region on December 3, 2014. Read more

Excess crude account: Okonjo-Iweala exposes governors

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The Minister of Finance, Ngozi Okonjo-Iweala-Iweala Sunday said the 36 states of the federation, received a total of N2.92 trillion from the Excess Crude Account between 2011 and 2014.

Her disclosure is in response to the accusation by the state governors that the federal government mismanaged funds in Excess Crude Account. Read more

Foreign core investor sells Nigeria’s Beta Glass

Frigoglass S.A.I.C, the Athens, Greece-based foreign core investor in Nigeria’s Beta Glass Plc has entered into an agreement to sell the Nigerian company and related business in Dubai, United Arab Emirates (UAE) to a new investor.

Frigoglass S.A.I.C is the parent company of Frigoglass Nigeria Limited, which holds the majority shareholding in Beta Glass Plc. Beta Glass is the leading supplier of glass packaging in Nigeria and other West African markets and its customers included blue chips such as Nigerian Bottling Company (NBC) and Seven-Up Bottling Company Plc. Read more

Peugeot to set up factory in Morocco

French carmaker PSA Peugeot Citroen has announced plans to set up a factory in Morocco.

The plant, possibly near the city of Kenitra, would have an initial production capacity of around 100,000 vehicles, the source said, echoing a report by Bloomberg news agency. Read more

Shell’s assets transfer not illegal, says PwC

Some operators in the oil and gas industry have condemned the controversies surrounding the transfer of  Shell’s divested assets to the Nigerian Petroleum Development Company (NPDC) and the association of government officials with inadequacies in the operation of the Nigerian National Petroleum Corporation (NNPC).

The operators, who spoke to The Nation in confidence, said the negative reports involving the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke and other government officials in NNPC’s process of spending from its income before paying into the Federation account and the transfer of divested Shell’s oil blocks to NPDC, an arm of NNPC, are unfair as such rules guiding the NNPC operations have been there before now. Besides, the PricewaterhouseCoopers’ (PwC) forensic report on NNPC said the Corporation’s actions were not illegal, they said. Read more

Oritsejafor thanks Jonathan for conceding defeat to Buhari

Pastor Ayo Oritsejafor, President, Christian Association of Nigeria (CAN) on Sunday in Abuja, thanked out-going President Goodluck Jonathan for conceding defeat to Muhammadu Buhari in the March 28 Presidential election.

Oritsejafor, who spoke at the 2015 Presidential Thanksgiving and Interdenominational Church Service, lauded Jonathan’s exemplary humility in his official conducts as president. Read more

Dangote’s $480m Ethiopian Cement plant set for commissioning

Prime Minister of the Federal Democratic Republic of Ethiopia, Mr Haile Mariam Desalegne, is expected to perform the opening ceremony at an event that will be graced by top members of the Nigeria business community.

A statement from the Dangote Group indicated that the government and the people of Ethiopia are excited about the timely completion of the project and the economic prospects of having such a huge company in that area of the country. Read more

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NDLEA tells Kashamu to surrender and quit blaming Obasanjo, George

The National Drug Law Enforcement Agency (NDLEA) has advised Senator-elect, Buruji Kashamu to stop blaming former president, Olusegun Obasanjo and a chieftain of the Peoples Democratic Party (PDP), Chief Olabode George for his problems.

A statement on Sunday signed by its spokesperson, Ofoyeju Mitchel, said “The fact is that a formal request for his extradition had been received from the Embassy of the United States of America.” Read more

Suswam begs civil servants, family members for forgiveness

Governor Gabriel Suswam of Benue on Sunday pleaded with the civil servants in the state for dashing their expectation.

Suswam made the plea at the inter-denominational valedictory thanksgiving service in his honour at the Chapel of Grace, Government House, Makurdi. Read more

Sudanese Government Denies Supporting Rebels in South Sudan

The Sudanese government has denied supporting rebels in South Sudan after it accused Khartoum of supplying arms to the insurgents threatening its oil fields.

Sudanese Foreign Ministry spokesman Ali al-Sadiq told the official SUNA news agency on Monday that his country has “no interest in such an intervention.” He said instability in South Sudan would send more refugees into Sudan and create of hotspots along its border. Read more

Ex-Israeli Prime Minister Ehud Olmert imprisoned for 8 months on fraud charges

Israel’s former Prime Minister Ehud Olmert has been sentenced to eight months in jail for fraud and breach of trust.

Olmert was convicted at a retrial in March taking more than $150,000 (£96,000) from a US businessman. His solicitors have said that they are likely to appeal. Read more

Flooding chaos follows US storms

A line of storms stretching from the Gulf of Mexico to the Great Lakes has dumped record rainfall on parts of the US Plains and Midwest, causing major flooding that forced at least 2,000 Texans from their homes.

Three deaths were blamed on the storms during Saturday and Sunday, including two in Oklahoma and one in Texas. Read more

China: Man reunited with mother 30 years after getting on a train by accident

A man in China has been reunited with his mother after going missing almost 30 years ago.

The man, who has not been named, wandered onto a train at a station in his home in Ziyang county, Shaanxi province in 1986, aged just 8-years-old. Read more

Tunisian soldier shoots at fellow troops

A Tunisian soldier has opened fire on other troops at a military base in the capital, killing a colonel and wounding eight other soldiers before he was shot dead himself.

It was not immediately clear what had triggered the shooting at the Bouchoucha base in Tunis, but it caused alarm in a capital city still on edge after an attack in March by Islamist gunmen on the Bardo national museum. Read more

 

 

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