July 17, 2018

*Banks reject senators’ loan requests* *’Ghana’s debt to hit quadrillion by December’*

*Banks reject senators’ loan requests* *’Ghana’s debt to hit quadrillion by December’*

Sabinews Morning News Update for August 9, 2015

‘Ghana’s debt to hit quadrillion by December’

The Minority Leader in Parliament, Osei Kyei-Mensah-Bonsu, has predicted that Ghana’s debt will hit quadrillion by the end of 2015 if the government’s borrowing spree does not stop.

Kyei-Mensah-Bonsu says Ghana’s debt is now $95 billion from $9.5 billion and that it will hit $100b by the end of the year 2015. Read more 


Banks reject senators’ loan requests

Banks have rejected some senators’ requests for loans, following the cash crunch that is affecting the three tiers of government in the country, SUNDAY PUNCH has learnt.

Our correspondents learnt on Saturday that the senators had not received salaries since their inauguration on June 9. Read more

Pirates kill policeman, four soldiers in Bayelsa

Suspected pirates on Friday night attacked a Joint Military Task Force base at Ogbolomabiri in Nembe Local Government Area of Bayelsa State, killing four soldiers and a mobile policeman attached to JTF’sOperation Pulo Shield.

It was learnt that another mobile policeman was missing after the daring attack that occurred at about 12 midnight on Friday. Read more

Kashamu’s extradition not over — NDLEA

The National Drug Law Enforcement Agency on Friday said is continuing moves to extradite a financier of the Peoples Democratic Party in the South-West, Mr. Buruji Kashamu, to the United States for alleged drug-related offences.

Kashamu is a senator representing Ogun-East Senatorial District at the National Assembly. Read more

Boko Haram started in Egypt, not Nigeria — Ex-Yobe gov

A former governor of Yobe State who is currently representing Yobe-East Senatorial District at the Senate, Senator Bukar Abba Ibrahim, on Saturday said the Boko Haram insurgent group was formed in Egypt decades ago contrary to the belief that it started in Nigeria around 2009.

Ibrahim told journalists in Abuja that the ideological movement, which is strictly anti-Western education, had also been in existence in the northern part of the country since the 1970s after the killing of the sect’s spiritual leader in Egypt by President Gammal Abdel Naseer. Read more

EFCC foils plot to steal seized $2.1m NHIS cash

Two persons have made separate attempts to claim the $2.1m (about N418million) cash seized by the National Drug Law Enforcement Agency at the Murtala Muhammed International Airport from the custody of the Economic and Financial Crimes Commission.

The NDLEA had on July 3 intercepted the cash which was being conveyed by a bureau de change operator, Mr. Ibiteye John Bamidele. Read more

Aisha Buhari takes over Patience Jonathan’s office

Notwithstanding the change in nomenclature, Wife of the President, Mrs. Aisha Buhari, has been operating from the Office of the First Lady located inside the Presidential Villa, Abuja, SUNDAY PUNCH can report authoritatively.

Ahead of the March 28 presidential election, Buhari, who was the candidate of the All Progressives Congress, had promised that he would not have an office for the First Lady should he emerge victorious at the election. Read more

Naval officer, oil company at war over fuel station in Aba

The construction of a mega filling station in Aba, the commercial hub of Abia State by an indigenous oil company, Stock Gap Fuels Limited, is causing a major friction between the firm and the commanding offi­cer (CO) of the Naval School of Fi­nance and Logistics (NSFL), Ower­rinta near Aba, Navy Capt. Simon A. Ejaro.

The friction got to a head two weeks ago when 15 of the workers, who were involved in the construction of the mega filling station alleged that naval ratings on the promptings of their boss (Navy Capt. Ejaro), forced them to lie down inside mud water and drink it. Read more

Street light: Ebonyi to spend over N1b in Abakaliki

Ebonyi State government is to spend about N1 billion on the provision of street light at the state capital, Abakaliki.

Disclosing this while commissioning the first phase of the street lighting project, Governor David Umahi said he was excited seeing  light come, on on the sections of the Abakaliki-Enugu Highway(between the Peoples Democratic Party state secretariat and Onuebonyi) in the state capital. Umahi explained that the procurement of five   generators for the first phase of the project “was to ensure that every night we have light along this section of the town.” Read more

Protest rages in Port Harcourt over policeman’s killing of bus driver

Commercial bus drivers and sympathizers, yesterday, continued their protest against the killing of a bus driver, David Legbaraa, on Friday, by a policeman at Whimpy Junction in Obio Akpor local government area of Rivers State.

A policeman, identified as Sergeant James Imhalu, had allegedly shot dead the bus driver after ordering him to park  from the road. It could not be confirmed if the driver did not comply with the order  before the policeman opened fire. Read more


CBN, money launderers in fierce battle for Naira’s soul

The decision of the Central Bank of Nigeria, CBN, to stop importers of certain  items, 41 in number, from accessing the foreign exchange market was a declaration of  war for the soul of the Naira between the apex bank and money launderers who have almost grounded the economy.

The affected items are rice, cement, clothes, textiles, toothpick, poultry products,  eggs, turkey,  meat and processed meat, margarine, palm kernel/palm oil and vegetable oils, private airplanes/jets, canned fish, incense and wooden doors. Others include soaps and cosmetics, tomato/tomato paste, woven fabrics, table ware, kitchen utensils, furniture, plywood boards and panels, wood particle boards and panels, and glassware. Read more

Oil and Gas

UNEP Report: Ogoni Leader Faults Implementation Strategy

Despite his intention to fast-track the implementation of the United Nations Environmental Programme (UNEP) report, President Muhammadu Buhari has come under severe attack by the leaders of Ogoniland for violating the technical demands of the report.

Dr. Goodluck Diigbo, President of the Ogoni Central Indigenous Authority, OCIA, said Buhari received the recommendations from “non-experts”, made up of the Executive Director of UNEP, the UNEP Special Representative for Ogoniland, permanent secretaries of the Federal Ministries of Environment and Petroleum Resources, and others without recourse to the Ogonis. Read more


N151 Million Police Debt Paralyses BEDC

The Benin Electricity Distribution Company (BEDC) has denied reports that it disconnected the Edo State Police Command due to debts running to the tune of over N151 million.

The company’s image-maker, Mr. Curtis Nwadei, stated this during an interactive session with journalists in his office in Benin. Read more


Enyeama gets new challengers

With September 5 Nations cup qualifier match against Taifa Stars of Tanzania gathering momentum, the newly appointed Super Eagles coach, Sunday Oliseh knows what is at stake. The need to reengineer Super Eagles for better performance and delivering victory to Nigerians is uppermost. But with the lack of quality players still an issue, the Coach seems focused on the goal keeping area with his publicly declared interest in Jonathan Ligali and Carl Ikeme, the duo whom he says will give the current number-one, 2014 Brazil World Cup fourth best keeper, Vincent Enyeama a good fight. Read more

NPFL: Trio battle for top spot

Leaders Sunshine Stars, Enyimba and Warri Wolves will battle for the top spot on the Nigeria Professional Football League table on Sunday (today) when Week 22 round of matches are played.

Sunshine Stars, who lead the pack with 39 points, will face FC IfeanyiUbah away in search of three points to retain their leadership position. Read more

Oliseh mum over Iheanacho’s Eagles debut

Nigeria coach Sunday Oliseh has hinted that there will be a few surprises when his list of foreign-based professionals to tackle Tanzania next month is released in coming weeks.

While reassuring that standard won’t be compromised, he also revealed how difficult it was for him pruning down the names of short listed foreign-based players from 72 to 23. Read more

Tanzania heads to Turkey for Eagles

In an effort to be ready for the en­counter against Ni­geria, East Africa side, Tanzania’s better known as the “Taifa Stars” are to camp in Turkey ahead of the clash.

Coach Charles Benja­min Mkwasa has named a team of 29 players for a one week camp in preparation for AFCON 2017 qualifier match against Nigeria next month. Read more

Ighalo opens Premier League goal account

Super Eagles forward Odion Ighalo began the new season on scoring note, grabbing the second goal for Premier League returnees Watford on Saturday at the Goodison Park. Although Odion’s strike failed to hand Watford victory, it nonetheless saved the team from beginning the season on a losing note. Read more

World News

Tanzania Opposition Leader Quits Party After Ex-PM Joins

A prominent member of Tanzania’s opposition alliance has resigned from the Civic United Front (CUF) party, days after former Prime Minister Edward Lowassa joined the opposition Chadema Party following his defection from the ruling Chama Cha Mapinduzi Party (CCM).

CUF, Chadema and other opposition groups formed an alliance UKAWA ahead of the October 25 general election. Read more

Egypt allegedly sends ground forces into Yemen quagmire

In conflicting reports, officials in Yemen’s government claim that Egypt has sent ground troops to fight alongside government forces, while independent journalists and analysts say that there are no Egyptian soldiers present.

Egyptian ground troops landed in Yemen earlier this week to join the Saudi-led coalition fight against the Iranian-supported Houthis and their allies, Ali Albakly, a spokesman for the Yemeni Ministry of Defence told Middle East Eye on Thursday. Read more

At least 12 dead as Mali siege ends, some U.N. workers freed

At least 12 people were killed during a nearly 24-hour siege of a hotel in central Mali seized by suspected Islamist gunmen that ended on Saturday as security forces stormed the building and released some of the United Nations workers trapped inside.

Four U.N. contractors were freed in the pre-dawn raid, but Mali’s U.N. peacekeeping operation MINUSMA said five people associated with the mission had died, while Malian officials counted three hostages dead. Read more

Republican candidates struggle to duck Donald at RedState Gathering

Nine presidential candidates showed up in Atlanta, Georgia, to address diehard conservative activists at the RedState Gathering – but all the talk was of the tenth who wasn’t there.

The big topic was Donald Trump, the controversial Republican frontrunner who was disinvited after implying that Fox News anchor Megyn Kelly asked him tough questions because she had her period. Read more

FBI to investigate police shooting of black American football player

The FBI will participate in the investigation into the death of an unarmed black Texas college football player who was fatally shot by a white officer during a burglary call at a car dealership.

During a news conference on Saturday night, Arlington Police Chief Will Johnson said a special FBI agent in charge of the Dallas field office would take part in the probe. Read more

China Inflation Edges up to 1.6 Percent in July

Consumer inflation edged up to a still-low 1.6 percent year-on-year in July, government data showed Sunday, leaving room for Beijing to cut interest rates or take other steps to stimulate slowing economic growth.

The inflation rate rose from the previous month’s 1.4 percent, driven by a jump in pork prices. The National Bureau of Statistics said that costs also rose for medical care, vegetables, household services, tobacco and pre-school education. Read more

Typhoon weakens over southeast China after Taiwan deaths

A typhoon that left 10 people dead or missing in Taiwan weakened Sunday as it battered southeast China, collapsing homes and trees and leaving more than a million homes without power.

Typhoon Soudelor hit the city of Putian in Fujian province late Saturday night and was downgraded into a tropical storm as it moved across the province. Read more

Australia’s census to go online in 2016

The census will be held on 9 August 2016 and two-thirds of Australians are expected to complete the survey online.

This makes it one of Australia’s biggest online events, Liberal MP Kelly O’Dwyer said. Read more



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