SABINEWS MORNING NEWS UPDATE FOR OCTOBER 19, 2015
Boko Haram: Borno kicks off rehabilitation
Reconstruction of houses, schools, hospitals, police stations, courts, local government secretariats, worship places among others destroyed by Boko Haram insurgents in some parts of Borno State has advanced with the first phase of work currently going on in different parts of Kaga Local Government Area in Northern part of the state as visits to 16 sites of projects, some having numerous buildings in one site, have shown on Saturday. Read more
Akpabio’s Interrogation Politically Motivated- PDP
The Peoples Democratic Party (PDP) has described the invitation and interrogation of the former Governor of Akwa Ibom State, Senator Godswill Akpabio, by the Economic and Financial Crimes Commission (EFCC) as politically motivated, targeted to weaken the party before the 2019 elections.
The party repeated its accusation against President Muhamnadu Buhari, saying he was out to harass and witch-hunt the opposition under the guise of fighting corruption. Read more
Abia Workers’ Purchasing Power Rises with Bailout Fund Disbursement
With the disbursement of the N14.152 billion bailout funds, the purchasing power of Abia State workers, which hitherto was at a very low level, has picked up as workers in the affected agencies and parastaltals have received salary arrears, some as much as nine months.
The Bailout Fund Management Committee headed by Mr. Obinna Oriaku has disclosed that all outstanding salary arrears were disbursed to banks for onward transmission to the workers, who are already receiving credit alerts from their respective banks. Read more
Election Monitoring: Tanzanians Laud Jonathan’s Exemplary Record
Former president, Dr. Goodluck Jonathan, who is leading the 54-member nations of the Commonwealth as part of the international observers to monitor the Tanzanian general election scheduled for October 25 is billed to leave the country this Monday for Dar es Salaam.
Reports indicated that Jonathan is walking into the warm embrace of many Tanzanians who are upbeat and confident that his presence would bring credibility to the polls which analysts consider the toughest and closest elections in the country’s history. Read more
Falana: INEC Can’t Fix Dates for Bayelsa, Kogi Elections Now
A human rights lawyer, Mr. Femi Falana on Sunday said the Independent National Electoral Commission (INEC) lacked power under the 1999 Constitution to take decision on the Bayelsa and Kogi States governorship elections with two national commissioners.
Falana, a Senior Advocate of Nigeria (SAN), also said INEC required a minimum of five national commissioners to form a quorum to take decision, citing the decision of a Federal High Court in the case involving the defunct Action Congress of Nigeria (ACN) and INEC. Read more
APC to Appeal Tribunal’s Ruling on Akpabio’s Election
The All Progressives Congress (APC) in Akwa Ibom State has said it would appeal against the judgment given on its election petition in respect of the Akwa Ibom South senatorial district for which upheld the victory of the Senate Minority Leader, Senator Godswill Akpabio.
The party described the judgment delivered in the petition filed by the party and its candidates at the state National Assembly Election Petition Tribunal in respect of the Akwa Ibom South senatorial election as a miscarriage of justice. Read more
Rivers Guber Poll: INEC, Wike and PDP’s Testimonies Prove Election was Credible, Says Okah
Rivers State Commissioner for Housing, Mr. Emma Okah, has argued that the combined defence of the three respondents in the petition filed by the governorship candidate of the All Progressives Congress (APC), Dr Dakuku Peterside, in the state Governorship Election Petitions Tribunal in Abuja to challenge the victory of the state Governor, Nyesom Wike, has proven beyond reasonable doubts that the governorship election held in state April 11 was credibly and in substantial compliance with the provisions of the Electoral Act and Independent National Electoral Commission (INEC) guidelines.
The three respondents in the petitions are Wike, INEC and the Peoples Democratic Party (PDP). Read more
Abe: Tribunal Frustrating My Appeal
Former Chairman of the Senate Committee on Petroleum (Downstream), Senator Magnus Ngei Abe, has cried out over the non-release of the judgment and record of proceedings by the Rivers State National and State Houses of Assembly Petitions Tribunal sitting in Abuja.
Abe said the tribunal was yet to release the copies of its judgment, and records to his lawyers more than six days after judgment was delivered against him and the All Progressives Congress (APC) in respect of their petitions against the conduct of the senatorial election in the Rivers South East senatorial district on the March 28, 2015. Read more
APGA Supporters’ Outrage Puts Abia on Edge
The serial outrage and threats from the All Progressives Grand Alliance (APGA) over its displeasure with the verdicts from the National and State Assembly Election Petitions Tribunals has generated uneasiness in the state as fears of violent confrontations loom.
APGA supporters and some civil society groups had at the weekend held a protest at the party’s secretariat during which they vowed that they would no longer accept any further dismissal of petitions filed by the party’s candidates, alleging that the tribunals had been compromised. Read more
APC Chieftain Urges Buhari to Disregard Petition against Sokoto Ministerial Nominee
A chieftain of the All Progressives Congress (APC) in Sokoto State, Alhaji Abdullahi Sarkin-Gobir Adiya, on Sunday urged President Muhammadu Buhari to disregard the petition sent to the Senate against the ministerial nominee from the state, Ms. Aisha Abubakar, saying it was done in bad faith.
Speaking in an interview with THISDAY in Sokoto yesterday, Adiya said the malicious petition against Aisha was the handiwork of selfish politicians, who were not in tune with the change mantra of the Buhari administration. Read more
Bayelsa Governorship: PDP Accuses APC of Plot to Rig Election
As the governorship elections in Bayelsa State draws closer, the Peoples Democratic Party (PDP) has accused the All Progressives Congress (APC)-led federal government of plot to rig the December 5 governorship election in the state with the sudden transfer of the State Director of the Department of State Security (DSS), Bassaleg Al-Hassan and the State Police Commissioner, Paul Okafor.
But the APC in its reply through the spokesman of the Timipre Sylva Campaign Organisation, Doifie Buokoribo, has advised Governor Seriake Dickson to face issues and stop telling “lies” as a campaign strategy. Read more
FG to Establish Response Framework for Emergencies in N’East
The federal government on Sunday disclosed that it would soon establish a framework for coordination, which it said would help to respond effectively to emergencies and humanitarian challenges in the three states worst hit by the activities of Boko Haram in the North-east.
It also said it would hold a two-day engagement forum with local and international stakeholders next week in Maiduguri, Borno State in line with the vision of President Muhammadu Buhari to bring relief, restoration and rehabilitation to internally displaced persons (IDPs) in the zone. Read more
The Authority Debuts at News Stands
The management of The Authority Media and Communications Limited, yesterday announced that its three titles; The Authority Daily, The Authority on Saturday and The Authority Sunday, have been rolled-out to take a special place in Nigeria’s print journalism.
The Managing Director of The Authority, Mr. Madu Onuorah, while unveiling the brand at a press briefing yesterday in Abuja, noted that The Authority-team would practice journalism with full adherence to the ethics of the profession, adding that blackmail and other unethical practices would be vehemently discouraged. Read more
Police Comb Black Spots in Lagos, Arrest 45 Miscreants
The Rapid Response Squad (RRS) of the Lagos State Police Command at the weekend combed some black spots in the state and arrested 45 miscreants.
Confirming the arrests, RRS Commander, Olatunji Disu, an Assistant Commissioner of Police, said the development was an onslaught against criminals in all parts of the metropolis by the state government. Read more
Anti-graft War Will Be Priority Of Ministers – SGF
The office of the secretary to the government of the federation (OSGF) has said that the incoming ministers will focus attention on the current administration’s avowed resolve to combat corruption.
The senior special adviser on political matters to the SGF, Engineer Babachir Lawal, Hon. Gideon Sammani, at the weekend in Abuja assured the incoming ministers of a harmonious working relationship from the SGF’s office towards advancing the fight against corruption in the country. Read more
Illicit Arms: Stakeholders Call for Strengthening of Border Security to Stop Proliferation
The Presidential Committee on Small Arms and Light Weapons (PRESCOM-SALW) and concerned stakeholders in the development and security sector have called for improved border security in order to reduce the illicit flow of weapons in the country.
This was the major outcome at the PRESCOM enhancement training for security operatives in two selected communities in Sokoto and Katsina states, North-west Nigeria, in collaboration with the UNDP, ECOWAS, and European Union (EU). Read more
Nema Presents Materials For Rehabilitation, Resettlement of IDPs in Borno
The National Emergency Management Agency (NEMA) has presented building materials, food and non-food items to Borno State Government for the rehabilitation and resettlement of Internally Displaced Persons (IDPs) who are willing to return back to their liberated communities in the state.
Presenting the items at North-east zonal office’s Store in Maiduguri, the Director General, Muhammad Sani Sidi said the gesture was to facilitate the commencement of resettlement and rehabilitation of IDPs back to their liberated communities, especially those from Gwoza and Askira-Uba local government areas in the state. Read more
Delta Apologises to NYSC Members over Unpaid Stipends
Delta State Government has apologised to the over 3,000 corps-members of 2014 Batch ‘C’ chapter of the National Youth Service Corps (NYSC) who served in the state for failure to offset allowances due to them till the completion of their service year.
The governor, however, promised to pay them all the outstanding allowances through their individual bank accounts soon. Read more
Ethnic Crisis Brewing Between Yoruba, Igbos in Akure
Ethnic crisis is brewing between indigenes of Akure, the Ondo State capital and Igbo traders in the ancient town.
Already, a cold war has broken out between the traditional ruler of Akureland, Oba Ogunlade Aladetoyinbo and the Eze Ndigbo, Mr. Gregory Iloehika, over some alleged un omplimentary remarks by the latter. Read more
FG Considers National School Feeding as Safety Net
The federal government has commenced plans to introduce a National School Feeding programme as a social safety net in all the 36 states of the federation and the Federal Capital Territory ( FCT).
The policy is expected to address economic, environmental and social vulnerabilities to food insecurity and poverty. Read more
Between controls and free forex market
AT the recent Financial Times Africa Summit in London Governor of the Central Bank of Nigeria (CBN) Mr Godwin Emefiele, defended his foreign exchange policy, which has tended towards administrative controls since the begining of this year. He had contended that the policy had so far ensured relative stability in the foreign exchange market and the value of the Naira against major world currencies.
But foreign investors and the international media disagree, claiming that the perceived stability is a myth and indicating that trouble lies on the horizon. Read more
Barclays’ plan to delist Nigerian bond worries operators
Operators in the nation’s capital market have lamented the plan by Barclays Bank to delist the Federal Government’s bond from its index, attributing the development to volatile foreign exchange and macro-economic concerns in the country.
The operators were worried over the recent reports that Barclays Bank will consult with its index users on whether Nigeria’s sovereign debt should remain in its emerging market local currency government bond benchmark. Read more
Ekiti APC accuses Fayose of mismanagement
The Ekiti State All Progressives Congress (APC) has accused Governor Ayo Fayose of mismanaging the bailout funds received from the Central Bank of Nigeria (CBN).
The opposition insisted that Fayose should explain how the bailout funds had been spent.
But the Peoples Democratic Party (PDP) accused the APC of running what it called a “wasteful government”. Read more
NESG: Stakeholders task FG on implementation of policy recommendations
THE three-day 21st Nigerian Economic Summit Group, NESG, conference has come and gone, with the stakeholders both in private and public sector hoping to see the country realise its potentials within the shortest possible time. However, stakeholders in the private sector have expressed concern over implementation of the far reaching recommendations put before the Federal Government for consideration.
Though, they noted that the present administration of President Muhammadu Buhari had the pedigree to transform the economy if the ministers, legislature and judiciary are able to work assiduously and adopt the spirit of transparency and accountability in their respective functions. Read more
Consumer credit and mortgage financing can help fight corruption
Working in Nigeria is quite interesting and as well, very challenging. Public sector workers have to use their meagre salaries to fend for themselves, their immediate and extended families. In a country where the minimum wage is N18, 000 per month and the rate of inflation runs sky high, the average Nigerian public sector worker finds it challenging and begins to cut corners to meet up with his daily expenses. There is no efficient and subsidised transport system, no functional housing scheme to guarantee the workers’ welfare. Read more
Inflation compounds Nigeria’s economic woes
Nigeria’s economy may be heading to stagflation going by headline inflation, gross domestic products, GDP, and unemployment reports of National Bureau of Statistics, NBS, as well as feelers from the Central Bank of Nigeria, CBN, and economy analysts last weekend.
Stagflation is an inflationary period accompanied by rising unemployment and declining economic growth rate. All these factors inherent in an economy of stagflation are already within the Nigerian economy as indicated by the various reports. Read more
Economic slowdown not limited to Nigeria –Emefiele, CBN Gov
management of Nigeria’s financial and fiscal policies since the inception of the Muhammadu Buhari administration. With the delayed appointment of ministers by the President, the lot still fell on him to lead Nigeria’s delegation to the just-concluded annual meetings of the International Monetary Fund (IMF) and the World Bank in Lima, Peru. And in keeping with tradition at such official outings, the CBN boss took time off to brief the Nigerian media at the event on some key outcomes of the country’s interaction with the IMF/World Bank, leading rating agencies and global institutional investors, among othersRead more
Appoint deputy governor as CBN governor, says Sanusi
Former Central Bank of Nigeria (CBN) Governor, Chief Joseph Sanusi has urged the Federal Government to appoint one of the deputy governors of the bank as governor at the expiration of the tenure of the substantive governor.
He spoke during the Financial Institutions Training Centre (FITC’s) second celebration of leadership excellence dinner at Orietal Hotel, Lagos. The institution celebrated two former CBN deputy governors, Mr Victor Odozie and Prof Kingsley Moghalu. Read more
Concerns Mount over TSA Payment Infrastructure
Some stakeholders in Nigeria’s banking system have expressed concern over the safety of the payment platform for the treasury single account (TSA).
A senior bank official pointed out that Remita, the e-payment application solely used for receiving and making payments of government’s revenue under the TSA is hosted outside the country, which according to him exposes the country’s revenue to dangers. Remita was developed by SystemSpecs Nigeria Limited. Read more
Dangote, Oshiomhole, Ganduje, Others for New Telegraph Economic Summit
Three governors, Mr. Adams Oshiomhole (Edo), Alhaji Abdullahi Ganduje (Kano) and Chief Dave Umahi (Ebonyi) as well as President, Dangote Group, Alhaji Aliko Dangote, are among dignitaries to participate in the maiden edition of New Telegraph Economic Summit, scheduled to hold in Lagos on October 27.
The summit, with the theme: ‘Beyond month allocation: State of the Nigerian states,’,will examine the financial crisis facing many states of the federation in view of the oil price rout that has cut revenue to the Federation Account by about 65 per cent and how states could survive by expanding their internally revenue base. Read more
The Pakistani Military Has Tightened Its Control of the Country’s Security Policy
Pakistan plans to appoint a recently retired army general as its new national security advisor, senior officials have told Reuters, indicating yet another step forward in the Pakistani military’s effort to increase its control of the country’s government. Read more
Colombian Government and Rebels Agree to Retrieve, ID Remains of Guerrilla War Dead
State and rebel leaders in Colombia agreed on Saturday to implement an unprecedented plan to locate, identify and return the remains of the tens of thousands of people who have disappeared in the country’s lengthy ongoing civil conflict, TeleSUR, a South American broadcasting network, reported. Read more
Many Uruguayans Fed up With Complaints From Syrian Refugees
When Uruguay announced last year that it would be taking in five families fleeing Syria’s devastating civil war, residents of this small town pulled together and lobbied to host one.
Then in November, locals welcomed a newly arrived Merhi Alshebli, his wife and their 15 children with food and seeds to plant vegetables. People in Juan Lacaze, a coastal city of fishermen and paper factory workers in southwestern Uruguay, wanted to do their part to help a country where more than 200,000 have been killed in the fighting. Read more
China tried to hack U.S. firms even after cyber pact – CrowdStrike
Hackers associated with the Chinese government have tried to penetrate at least seven U.S. companies in the three weeks since Washington and Beijing agreed not to spy on each other for commercial reasons, according to a prominent U.S. security firm.
CrowdStrike Inc said software it placed at five U.S. technology and two pharmaceutical companies had detected and rebuffed the attacks, which began on Sept. 26. Read more
What to Watch for in Canada’s Election
Harper and his chief rival, Liberal candidate Justin Trudeau, embody opposite visions of what Canada should be. After a decade in power, Harper is seeking a rare fourth term in the hopes of safeguarding his goal of shattering Canada’s reputation as a liberal haven. But he is trailing in the polls behind Trudeau, the son of late Prime Minister Pierre Trudeau, a Liberal icon who opened Canada’s door wide to immigration and is responsible for the country’s version of the U.S. Bill of Rights. Read more
Lawyer tried to keep Somali rape victim in Australia
A lawyer for a pregnant Somalia refugee rape victim said Monday that he wanted to seek a court order keeping her in Australia before the government suddenly flew her to Nauru without providing the abortion she had requested. Read more