Sabinews Morning News Update for August 1, 2015
Boko Haram: Buhari orders total war
Massive attacks by the armed forces on Boko Haram camps are in progress in Borno,Yobe and Adamawa States on the order of President Muhammadu Buhari in the latest effort to end the terrorism in the Northeast.
A no retreat, no surrender operation modality has been adopted by the military for the operation even as the Chadian Army announced yesterday that its men had killed about 117 terrorists on Lake Chad islands. Read more
Police withdraw 200 men from LASTMA
No fewer than 200 officers and men of the Nigeria Police Force, NPF, have been withdrawn from the Lagos State Transport Management Agency, LASTMA, for yet-to-be disclosed reasons. They have been directed to report at their command headquarters in Ikeja, over two weeks ago.
Investigations revealed that the withdrawal may not be unconnected with a breach in their condition of service by the management of LASTMA, since they were drafted to assist the agency in their operations in the state. Read more
Gov Lalong constitute panel to investigate Chlorine gas disaster
The Plateau State Governor Barr. Simon Lalong has constituted an administrative panel to look in to the circumstances the lead to the Chlorine Gas leakage that explored on the 25 July, 2015 in the state capital.
The Chlorine Gas accident at the state owned Water Treatment Plant on Saturday 25 July,2015 claimed the lives of 8 and 101 persons were hospitalized in various hospitals in the state capital. Read more
Reps crisis: APC chieftain lauds Buhari
A chieftain of the ruling All Progressives Congress in Ogun State, Chief Femi Majekodunmi, has lauded President Muhammadu Buhari and the leadership of the party, over the peaceful resolution of the crisis in the House of Representatives.
He gave the commendation in a statement issued on Friday in Abeokuta, the state capital, stating that the amicable resolution of the crisis showed the party could has the capacity to resolve its differences no matter how big. Read more
We’re committed to Nigeria’s anti-terrorism campaign –US
The United States says it is committed to helping Nigeria succeed in its fight against the Boko Haram terrorist group, particularly in the supply of equipment, training of military and information sharing.
The US Ambassador to Nigeria, James Entwistle, stated this on Friday during an interactive session with Nigerians on Facebook. Read more
Nigerians groan as petrol sells above N110 nationwide
Millions of Nigerians are complaining as petrol sells above N110 and queues by motorists continue to grow across the country.
This is against an official price of N87 per litre as the Federal Government subsidises Premium Motor Spirit (petrol) with N45.28 on every litre, according to latest figure from the Petroleum Products Pricing Regulatory Agency. Read more
250 KLM passengers stranded at Lagos airport
Over 250 passengers of KLM Airlines heading to Europe and other destinations across the world were stranded for almost 48 hours, at the Murtala Mohammed International Airport, (MMIA) Lagos, following a technical fault developed by the airline’s aircraft on Thursday night.
Some of the passengers who spoke with The Nation were apprehensive that they might not meet up with their appointments, as they alleged that the management of the airline was not communicating with them after they were checked into a hotel at Amuwo-Odofin area of the state. Read more
Ooni Of Ife’s Passage Rites Begin
There is palpable apprehension among residents and travellers through the ancient city of Ife in Osun State as it is believed that the rites of passage of the Ooni of Ife, Oba Okunade Sijuwade, Olubuse II has commenced.
Major markets in the town shut down early and motorists said it is risky to embark on a journey through the town at dusk because of the prevailing situation in the town. Read more
Bad Debtors Have 2 More Weeks Before ‘Name And Shame’ List – Cbn
As the three months grace ended yesterday, loan defaulters may have only two more weeks to work out the repayment of their debts with their financial institutions before their names will be published in the media, Leadership weekend has gathered.
There are also indications that the Central Bank of Nigeria (CBN) which gave the directive will also not go back on its words as a source within the apex bank confirmed that the ‘name to shame’ and exclusion from the foreign exchange market would still go on. Read more
10 die in Ogun auto crash
No fewer than 10 persons were said to have lost their lives in an accident involving two trucks and two commercial vehicles at Ogunmakin area of the Lagos-Ibadan Expressway in Ogun in the early hours of Friday.
The Ogun State Sector Commander, Federal Road Safety Corps, Mr. Adetunji Adegoke, confirmed the crash in an interview with our correspondent. Read more
I’m Toyin Saraki’s private investigator – Melaye
The Chairman, Senate Adhoc Committee on Media and Publicity, Mr. Dino Melaye, has defended his open support for Mrs. Toyin Saraki, wife of the Senate President, when she honoured an invitation of the Economic and Financial Crimes Commission.
The Senator, representing Kogi West in the National Assembly, said he had no regrets joining Saraki at the EFCC office. Read more
Armed robbers now disguise as ATM users –Police
The Nigeria Police have issued an alert to Nigerians using the Automated Teller Machine, particularly in the night, to be watchful as armed robbers have started pretending as ATM users in order to rob bank customers.
The NPF issued this alert on its website after an Abuja resident, a man, reportedly went to one of the banks in the FCT at about 12:10am on Thursday to withdraw money from an ATM. Read more
Shootout at Ekiti PDP secretariat
The battle for the control of the Peoples Democratic Party (PDP) in Ekiti State, assumed a violent dimension yesterday, when a factional secretary of the party, Dr Tope Aluko was injured during a shootout at the party secretariat in Ado Ekiti.
Residents including passersby, commuters and motorists scampered for safety __as gunshots rent the air. Read more
NIPC Seeks Partnership With States On Investment Inflow
The Executive Secretary, Nigerian Investment Promotion Commission (NIPC), Uju Hassan Baba, has called on State Governors to make easy access to land for investors who want to set up their businesses, describing acquisition of land as part of hindrances militating against the free inflow of investment in the country.
Hassan Baba made the call in Kogi State when she visited the Governor of Kogi State, Captain Idris Wada at Government House Lokoja, in furtherance of her desire to create a synergy between the States of the Federation and the Commission in order to promote investments. Read more
Entrepreneurship, Nigeria and its operating environment
Small business firms and entrepreneurship play a signifi-cant role in world economy. Specifically, small business firms constitute majority of the types of businesses in all economies of the world. It should also be noted that some of the world’s multi-national corporations which have influenced many world economies started as small business enterprises. Read more
Oil and Gas
Time to Jettison Petrol Subsidy
Fuel is any material used to produce heat or power by combustion and that includes diesel, gas, premium motor spirit, otherwise called petrol or gasoline; fuel oil materials from atomic energy, aviation fuel and rocket fuel. In Nigerian parlance however, fuel is synonymous with petrol so this discourse will be limited to PMS. Fuel to Nigerians is petrol. Governance is about the welfare of the vast majority of the population. It is also about the courage to take the difficult and sometimes painful but right decisions in the overall interest of the people. Read more
Afren goes into administration
Oil producer Afren Plc said its board has decided to put the company into administration after failing to secure support for a refinancing and restructuring plan.
“The board believes that all the possible routes have now been explored during the course of this process, which was subject to a strict timetable, driven by Afren plc’s short-term liquidity issues,” it said. Read more
OPEC says oil price won’t rise even with reduced production quota
Abdallah el-Badri, Secretary-General of Organization for Petroleum Exporting Countries (OPEC), says prices for oil would not significantly rise even if the cartel’s daily production quota is reduced by 2 million barrels from the current 30 million.
el-Badri said the organization did not plan to reduce the quota. Read more
Buhari under pressure to move against oil thieves
Pressure is mounting on President Muhammadu Buhari to kick start his clampdown on oil thieves following his recent admission that he now has in his possession a list of such thieves.
Buhari, addressing Nigerians during his just concluded trip to the United States, had announced that Washington gave him the list. Read more
Gloomy Outlook For Indigenous Upstream Services Companies
The global oil glut has continued to send economic shocks around the world. The hardest hit have been countries whose economies depend heavily on oil for a significant percentage of their foreign exchange earnings such as Venezuela, Angola, Azerbaijan and Nigeria amongst others.
Mr. Kazeem Bello, an energy expert said, the fluctuation in the oil market following the discovery of crude oil in many parts of the world and the new wave of alternative energy sources, particularly shale oil, have had adverse effects on Nigeria. The country’s failure to take cushioning measures against volatility risks by implementing fiscal buffers and hedging mechanisms, has left her at the mercy of the crisis. Read more
Enugu Gov boosts Rangers to beat Enyimba
Enugu State Governor, Ifeanyi Ugwuanyi has given Rangers a cash gift of N2 million to beat regional rivals Enyimba in a Week 20 NPFL match today.
Rangers, who will hit Aba today with a full complement of their players, hope to avenge a 2-1 loss they suffered at home to Enyimba before a packed Nnamdi Azikiwe Stadium in Enugu two weeks ago. Read more
E’Guinea can’t stop us – Falcons
Super Falcons stars Evelyn Nwabuoku and Cecilia Nku are confident Nigeria will beat Equatorial Guinea in their return leg 2016 Olympic Games qualifier in Bata, Equatorial Guinea on Sunday.
The Falcons were held to a 1-1 draw by Nzalang Nacional at the Abuja Stadium a fortnight ago, and the African champions are in a must-win situation in Bata. However, the Falcons, who represented Africa at the Sydney 2000, Athens 2004 and Beijing 2008 Olympic Games, will qualify for the Olympics with a higher scoring draw. Read more
Rangers players to receive arrears
Enugu State Governor Ifeanyi Ugwuanyi has ordered the finance ministry to pay Enugu Rangers players their June and July salaries.
The development followed the dispute between the management of the club and the players over the non-payment of their salaries. Read more
Nigeria relying too much on Okagbare – Toblow
The Nigerian athletics team arrived in Barcelona in the summer of 1992 for the Olympic Games boasting an impressive record in their pre-Games events.
The squad were bursting at the seams with talents – and the likes of Oluyemi Kayode, Olapade Adeniken, Davidson Ezinwa, Chidi Imoh and Osmond Ezinwa were considered frontrunners for medals in the men’s sprints, while Mary Onyali, Beatrice Utondu, Faith Idehen and Christy Opara Thompson were tipped for the podium in the women’s version. Read more
Why I Decided To Coach Eagles – Oliseh
Super Eagles’ coach, Sunday Oliseh, has told fifa.com that Nigerians made him to finally accept to replace Stephen Keshi as Eagles coach.
The former Borrusia Dortmund of Germany defensive midfielder said he severally declined coaching the national team, but later changed his mind. Read more
Guinea Journalist Missing for a Week
A Guinean television reporter has been missing since last week, his family and employer say.
Relatives of Cherif Diallo, who works for a private channel, think he may have been kidnapped. Read more
U.S. to mulls over importing sesame and guar from Sudan: official
Sudan’s minister of agriculture, Ibrahim al-Dikhairi, disclosed that the United States is considering granting exemption for the import of sesame and guar gum from Sudan which has been subject to economic sanctions for two decades. Al-Dikhairi said the U.S. has shown strong desire to cooperate with Sudan in the import of sesame and guar gum, adding he discussed with the U.S. charge d’affaires in Sudan Jerry Lanier last week ways for promoting agricultural relations between the two nations. Read more
VN to support Mozambique
Deputy Prime Minister Hoang Trung Hai said Viet Nam would continue sharing its experiences in agriculture, oil exploitation and communications with Mozambique and helping it train new technicians.
Hai made the statement during a dialogue with Mozambique Prime Minister Carlos Agostinho do Rosario on Thursday in the southern African country’s capital, Maputo, during a visit. Read more
Zimbabwe look to build on India shock against Kiwis
Zimbabwe plan to tap into the renewed energy that sparked a victory over India recently as they take on an under-strength New Zealand side in a three-match one-day international series that starts on Sunday. Read more
Cameroon deports 2,000 Nigerians in fight against Boko Haram
Cameroon has deported more than 2,000 Nigerians who were living in the country illegally as part of new security measures intended to prevent suicide attacks by Boko Haram jihadists, sources said. Read more
Bin Laden relatives reportedly killed in private jet crash in Britain
A private jet crashed in southern England on Friday, killing four people on board, a spokesman for Britain’s Hampshire police service said, and Saudi and British media said the passengers were relatives of deceased al Qaeda leader Osama Bin Laden.
A spokeswoman for the British police told Reuters: “There were no survivors, unfortunately. There were four people onboard including the pilot”, but she did not provide their identities. Read more
Donald Trump’s companies have sought visas to import at least 1,100 workers
Donald Trump is staking his run for U.S. president in part on a vow to protect American jobs. But this month, one of his companies, the elite Mar-a-Lago Club resort in Florida, applied to import 70 foreign workers to serve as cooks, wait staff and cleaners.
A Reuters analysis of U.S. government data reveals that this is business as usual in the New York property magnate’s empire. Read more
Mexican judge suspends US extradition order for fugitive ‘Chapo’ Guzman
A Mexican judge temporarily suspended a U.S. extradition order on Friday for the fugitive drug lord Joaquin “El Chapo” Guzman even though the federal attorney general’s office had approved it a day earlier.
No reason was given for the suspension. Read more
Japan releases Hirohito’s war-end speech in digital form
The original recording of Japan’s Emperor Hirohito’s war-ending speech has come back to life in digital form.
Hirohito’s four-and-half-minute “jewel voice” was broadcast on August 15 1945, announcing Japan’s surrender. Read more
Dolly Parton wants TV movie to highlight family life
Dolly Parton wants the upcoming TV movie about her life growing up poor in Appalachia to show viewers the kind of family she thinks is missing on television today.
Parton, 69, is working with NBC on the movie, which she expects will be coming out later this year, based on her hit song Coat Of Many Colours. Read more
India and Bangladesh swap border enclaves
Tens of thousands of stateless people stranded for decades along the poorly-defined border between India and Bangladesh will finally get to choose their citizenship as the two countries swapped more than 150 pockets of land to settle the demarcation line dividing them.
Television images showed people bursting firecrackers and raising an Indian flag in the Masaldanga enclave, which became part of India. Read more
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