June 19, 2018

*Boko Haram executes 3 men in new video *Nigerian inflation slows for first time in 15 months

*Boko Haram executes 3 men in new video *Nigerian inflation slows for first time in 15 months



Boko Haram executes 3 men in new video

Boko Haram has released a new video showing the execution of three men the group accused of spying for the Nigerian military. The video, which was made public on Tuesday morning, showed the militants beheading one man and shooting two others to death with AK-47 rifles.

Speaking in Hausa, the terrorists briefly interviewed their victims before their execution. The men were asked to identify themselves and those who sent them, and they claimed they were sent to infiltrate the sect by people close to the military. Read more

Nigerian inflation slows for first time in 15 months  

Nigerian inflation slowed for the first time in 15 months to 17.78 percent in February, driven by lower energy and utility prices, the National Bureau of Statistics (NBS) said Tuesday.

The cost of living in Africa’s most populous nation began rising in November 2015, when inflation increased slightly to 9.37 percent from 9.3 percent a month earlier. It had risen steadily since then, peaking at 18.7 percent in January this year.  Read more

Consult 2014 confab report, Governor Ayade urges committee

Governor Ben Ayade of Cross River state, has advised the Presidential Committee on Constitutional and Electoral Reforms to consult the reports of the 2014 National Conference so as to tap from the salient submissions that are germane to the enhancement of democracy in the country.

The governor, who gave the charge in Calabar during a one-day public hearing for South South states by the presidential committee, explained that this was necessary due to the rich content of the report. Read more

Dickson wants PDP to engage Sheriff to end crisis

major crack in the unity of the Peoples Democratic Party, PDP, governors behind the Senator Ahmed Makarfi-led mainstream of the party occurred, yesterday, after Governor Seriake Dickson of Bayelsa State called for support for the Senator Ali Modu Sheriff leadership.

Governor Dickson, chairman of the National Reconciliation Committee of the party described as mere propaganda, the comments trailing the submission of his report to the National Executive of the party. Read more

Ekiti 2018: Zoning clouds emergence of Fayose’s successor
THE body language of Mr. Fayose is pointing towards the Southern Senatorial Zone, the only zone that is yet to produce a governor of the state in the Fourth Republic for his successor next year. The only time the South came close to the state house was in the old Ondo State, when Evangelist Bamidele Olumilua who hails from Ikere-Ekiti, in the south governed the state between 1992 and 1993. Read more

$1.1 bn Malabu deal, peak of graft – OBASANJO

Obasanjo said he considered the controversial award of OPL 245 oil field licence as the “height of corruption,” and could not have participated in negotiations that led to the deal The rebuttal came over twenty-four hours after Adoke distributed excerpts of a petition he sent to incumbent Attorney-General of the Federation, Abubakar Malami, SAN, alleging victimization and persecution by the Economic and Financial Crimes Commission, EFCC, over the illegal deal. Read more

FG’s response to Amnesty International

The Federal Government’s response to the 2015/2016 report of the Amnesty International (AI) was not only hasty but also in many respects ill-advised. Issued by the Ministry of Foreign Affairs, the government in its attempt to justify its disobedience to court orders to release some individuals on bail branded the Islamic Movement in Nigeria (The Shiites) and the pro-Biafra groups as “terrorist” or “unlawful”. Read more

Court Remands 7 Boko Haram Leaders In Kuje Prison

The Federal High Court in Abuja has ordered that seven suspected Boko  Haram leaders, who were allegedly involved in the kidnaping and  murdering of 11 foreign nationals between 2011 and 2013 in the North  be remanded at Kuje Prison pending their trial in the criminal charges  brought against them by the Federal Government.
The Federal Government filed an 11-count charge against the seven suspected leaders of the Boko Haram sect, to which they all  pleaded not guilty when read out to them in the court. Read more

Gaius-Obaseki commends FG over oil sector reforms

FORMER Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Jackson Gaius-Obaseki has commended the administration of President Muhammadu Buhari for the on-going reforms in the petroleum industry. Read more

I needed money for a shop, says girl who abducted her boss’ child

Twenty-eight years old Augustine Gladys, the apprentice that abducted her boss’ three-year-old daughter two months ago at Alagbado area of Lagos, yesterday, told a bewildered crowd at the Lagos State Police Command that deceit on the part of her sponsor and her desperation to get money to rent a shop made her commit the crime. Recall that Gladys, who told her boss she was Grace John, was arrested by operatives of the Special Anti-Robbery Squad of the Lagos State Police Command on February 23. Read more

Gunmen kill one, steal 10 cows in Katsina

Unidentified gunmen reportedly killed a man identified as Bashiru Adamu in Angwan Ilu, Dandume area of Katsina State and went away with his 10 cows. The state’s Commissioner of Police, Usman Abdullahi, who disclosed this yesterday, said the incident was coming at a time when the state government was working round the clock to checkmate activities of cattle rustlers in the state. Read more

TCN asked us to reduce generation — GenCos

While most individuals and corporate organizations are suffering from lack of adequate electricity supply, the electricity Generation Companies, GenCos, have cried out that the Transmission Company of Nigeria, TCN, has been directing them to reduce generation, causing them huge revenue losses and damaging their plants. Read more

Lagos needs N60bn to revamp public schools — Ambode

Lagos State Governor, Mr. Akinwunmi Ambode has said that his administration would require about N60 billion to give public schools in the state a befitting facelift, as well as set up new schools, especially in the riverine areas. The governor, who said this during an interview with journalists, said though his administration has spent about N10 billion in the last 22 months to boost the quality of education in the state, there was still a lot to be done in the sector. Read more

JAMB: Why we introduced mock exam

The Joint Admissions and Matriculation Board (JAMB) has explained why it introduced mock examination in its plan of action preparatory to the 2017 Unified Tertiary Matriculation Examination (UTME) scheduled for May 20, 2017.
The board said it was worried at the way some candidates, particularly those not conversant with computers, fail the exams, not because they were not studious enough but because they lack the basic knowledge of how the computer-based test (CBT) exam works.
JAMB spokesman, Dr. Fabian Benjamin, said the mock exam, though not compulsory, was meant to acquaint interested candidates with the new CBT exam adopted by JAMB a few years ago for the conduct of matriculation exams. Read more

Ortom Orders Fulani Herdsmen Out of Benue Communities

Benue State Governor, Samuel Ortom, yesterday directed security agents to ensure the exit of Fulani herdsmen from Buruku and Gboko Local Government Areas as a result of recent security breaches.

The directive came as the House of Representatives passed a resolution calling on President Muhammadu Buhari to direct the immediate disarmament of armed and strange herdsmen in Buruku and other parts of Benue State and throughout the country. Read more

Saraki, Dogara Visit Buhari, Say He’s Doing Well

Senate President Bukola Saraki and Speaker of the House of Representatives, Hon. Yakubu Dogara, yesterday visited President Muhammadu Buhari in the Presidential Villa, five days after he returned from London where he had gone on vacation since January 19.

The heads of the federal legislature who met with the president in his office behind closed-doors for over 40 minutes, said the meeting provided the platform to jointly review government activities when the president was away. Read more

Senate to Screen Magu today

The Senate is finally set to screen the acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, for confirmation as the substantive head of the anti-graft agency.
Senate President, Bukola Saraki, yesterday announced that the screening would hold today by 11.30a.m. during plenary Read more

Voter Registration, PVC Distribution Begins in April for 2019 Polls

The Independent National Electoral Commission (INEC) has  said it would kick-start preparations for the 2019 general election with the continuous voters’ registration and distribution of Permanent Voters’ Cards (PVCs) in April.

Also the commission gave an update on the growing number of political associations seeking registration as political parties ahead of the 2019 general election, saying it has now reached 85. Read more

Indicted INEC Staff Oppose Trial in Abuja, Prefer Rivers State

Twenty-three staff of the  Independent National Electoral Commission (INEC) yesterday opposed the bid by the federal government to put them on trial before a Federal High Court in Abuja.
The workers were alleged to have accepted bribery of N360 million  from politicians during the last National Assembly re-run elections in Rivers State. Read more

Duties on old vehicles: Customs CG makes a U-turn, to honour Senate summons

The Comptroller General of Nigeria Customs Service, Col. Hameed Ali (retd.), has dropped his earlier plan not to honour the summons of the Senate.

A reliable source close to the leadership of the Senate told one of our correspondents on Tuesday that Ali was advised to honour the Senate invitation in order to avert a clash between the Legislature and the Executive. Read more

EFCC impounds N49m at Kaduna airport

The Economic and Financial Crimes Commission on Tuesday impounded N49m abandoned in five sacks at the Kaduna International Airport.

The owner of the money is suspected to have attempted to smuggle it out of the country. The EFCC said in a statement by its spokesman, Mr. Wilson Uwujaren, that the bags were left unattended to and without tags. Read more

Don’t repeat 2015 mistake, VON DG advises Ohanaeze Ndigbo

The Director General of Voice of Nigeria, Mr. Osita Okechukwu, has advised the leaders of the Ohanaeze Ndigbo to avoid a repeat of the mistake the association made during the 2015 presidential election.

The Ohanaeze Ndigbo endorsed former President Goodluck Jonathan of the Peoples Democratic Party in the poll which was eventually won by incumbent President Muhammadu Buhari of the All Progressives Congress. Read more

FG Pledges to Resolve Forex Challenges Facing Exporters

The Minister of Agriculture, Chief Audu Ogbeh yesterday expressed the federal government’s desire to address the foreign exchange (forex) challenges faced by exporters, disclosing that the ministry is in talks with the Central Bank of Nigeria (CBN) concerning the issue.

Audu who spoke at the FirstBank of Nigeria Expo in Lagos tagged: ‘Re-inventing Agriculture for Sustainable National Development,’ noted that it does not augur well for exporters if they cannot export at the official rate. Read more

CBN boosts forex supply with fresh $195m

The Central Bank of Nigeria on Tuesday released fresh $195m into the foreign exchange market as part of its wholesale intervention to ensure liquidity in that segment of the market.

The release was confirmed in a statement signed by the Acting Director of Corporate Communications Department, CBN, Mr. Isaac Okoroafor. Read more

Nigeria February Inflation Slows First Time in Over a Year

Nigeria’s inflation rate fell for the first time in 16 months in February as the cost of items other than food eased.

Inflation in Africa’s most-populous nation slowed to 17.8 percent from 18.7 percent in January, the Abuja-based National Bureau of Statistics said in an emailed statement Tuesday. All 13 economists in a Bloomberg survey forecast a drop in the rate, with a median estimate of 17.2 percent. Prices rose 1.5 percent in the month. Read more

Government to raise additional N43b debt from T-Bills

The Federal Government’s debt strategy is now in full swing, as additional debt of N43.2 billion would be raised through the Treasury Bills (T-Bills) programme in the second (Q2) of 2017.

T-Bills issuance, basically conducted by the Central Bank of Nigeria is used to mop up excess money in circulation, as well as raise new debts and immediate cash for government to implement its planned budget. Read more

Experts hinge economic recovery on policy implementation

Nigerians have been urged to put governments at all strata to task to enunciating the right policies as well as their implementation in order to restore confidence in the nation’s economy.

It has been argued that economic decisions must be approached rationally and not emotionally, as the wrong policies only cause the citizens to suffer. Read more

Shell’s 17 onshore oil licences to expire by 2019

About 17 Niger Delta onshore Oil Mining Leases (OMLs) belonging to the Shell Petroleum Development Company of Nigeria Limited (SPDC), will expire in the next two years.

An oil mining lease is usually granted only to the holder of an oil prospecting licence (OPL), upon meeting set regulations, and the term of the licence shall not exceed 20 years, and may be renewed in accordance with the Petroleum Act. Read more

NCDMB pledges support for IOCs, to fast-track projects execution

The Nigerian Content Development and Monitoring Board (NCDMB), has said it will fast track upcoming projects of the international oil companies (IOCs) with a view to increasing Nigeria’s crude oil production.

Apart from increasing Nigeria’s oil production, a collaboration and industry support would create opportunities for the growth and development of the Nigerian Content initiative. Read more

OPL/OML: Records of signature bonus payments missing, Reps insist

The House of Representatives ad-hoc committee investigating the status and payment of signature bonuses on oil blocs awarded by previous administrations yesterday, said it could not trace all the signature bonuses paid into Federal Government’s coffers since 1999.
To this end, the Gideon Gwani-led committee resolved to invite former Special Assistant to former President Olusegun Obasanjo on Petroleum, Funsho Kupolokun, to explain the discrepancies in the approval letters provided by some of the holders/operators of the Oil Prospecting Licences (OPLs) and Oil Mining Leases (OMLs) to the ad-hoc committee during the ongoing investigative public hearing. Read more

$15.8bn from NNPC Not in Govt Coffers, Says NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) has said Nigerian National Petroleum Corporation (NNPC) is yet to remit N15.8 billion collected from Nigeria Liquefied Natural Gas (LNG) to the Federation Account, in spite of the report submitted to the federal government.

The Director Legal, NEITI, Mr. Peter Ogbobine, told the News Agency of Nigeria (NAN) in Abuja yesterday that the figure was the accumulation from 2000 to 2014.
He observed that although NEITI had presented a report to that effect to the federal government, no action had been taken against NNPC. Read more

Ndidi Sparkles As Leicester City Continue Champions League Fairy Tale

English Premier League champions Leicester City are through to the quarterfinals of the UEFA Champions League after seeing off last year’s Europa League winners Sevilla on Tuesday night.

The Foxes advanced 3-2 on aggregate after beating their Spanish opponents 2-0 at the King Power Stadium. Read more

Iheanacho In Manchester City Provisional Squad To Face Monaco

Kelechi Iheanacho could figure for Manchester City in their eagerly anticipated Champions League Round of 16, Game 2 tie against Monaco at Stade Louis II on Wednesday night.

The Taye Academy product first trained with the Citizens squad this morning before hopping on a plane bound for the Principality of Monaco.

Per the official website of UEFA, City have registered Iheanacho on their player list B alongside Tosin Adarabioyo, but the young central defender is unlikely to feature having played against Arsenal in Premier League 2 on Monday. Read more

Arsenal in shock move for Eibar centre-back Florian Lejeune

Arsene Wenger has given the go-ahead for Arsenal to sign Eibar centre-back Florian Lejeune, according to reports in Spain.

Marca claim that Arsenal scouts have been monitoring the 25-year-old’s progress in La Liga and have been impressed with his performances. Read more

Champions League: Leicester City, Juventus Reach Quarter-Finals

Kasper Schmeichel saved a late penalty as Leicester City edged out Sevilla 2-0 on Tuesday to win their Champions League last-16 tie 3-2 on aggregate.

Down 2-1 from the first leg in Spain three weeks ago, Leicester opened the scoring on the night when Wes Morgan bundled the ball in from close range on 27 minutes. Read more

Chelsea Enter Period Of Premier League Truth

Their irresistible form and momentum was checked by the international break, but as the Premier League resumes, Antonio Conte must ensure the Blues grasp this rare opportunity. That is the chance to take control in the title race with a pivotal three-game stretch ahead that, if safely negotiated, can provide the foundation for a debut title for the Italian in English football.

A trip to Middlesbrough on Sunday is the first challenge, though the task of recapturing the scintillating chemistry witnessed against Everton could well be tougher than the opposition on the pitch.  Read more

Chelsea ready to bring Lukaku home

Chelsea are growing increasingly confident of landing Everton forward Romelu Lukaku, with the Mirror reporting the Blues are keen to re-sign the Belgian international.

Lukaku has told the Toffees he will not sign a new contract, though he still has two years remaining on his present deal. Chelsea could be pushed into upping their £57 million bid from last summer, which was rejected. Read more

Scientists Are Racing to Prevent a Total Wipeout of the World’s Coral Reefs

There were startling colors here just a year ago, a dazzling array of life beneath the waves. Now this Maldivian reef is dead, killed by the stress of rising ocean temperatures. What’s left is a haunting expanse of gray, a scene repeated in reefs across the globe in what has fast become a full-blown ecological catastrophe.

The world has lost roughly half its coral reefs in the last 30 years. Scientists are now scrambling to ensure that at least a fraction of these unique ecosystems survives beyond the next three decades. Read more

China does not want to see trade war with U.S. – Premier Li

China’s Premier Li Keqiang said on Wednesday that Beijing does not want to see a trade war with the United States and urged talks between both sides to achieve common ground.

“We do not want to see any trade war breaking out between the two countries. That would not make our trade fairer,” Li said at his annual news conference at the end of the annual meeting of China’s parliament. Read more

Amid mounting criticism, is Aung San Suu Kyi still a noble Nobel winner?
THE plight of the Rohingya was brutally summed up by UN special rapporteur Yanghee Lee when she told of horrific allegations from the community of children being thrown into fires, people tied up indoors while their homes were set ablaze and last but not least, the violent raping of local women.

At the UN Human Rights Council on Monday, Lee also accused Burma of using bureaucratic means to “expel” the Rohingya minority from the country altogether. Read more

Airline passenger’s headphones catch fire midflight

A passenger’s face was left blackened and her hand blistered after her battery-powered headphones caught fire while she was traveling on an international flight between Beijing and Melbourne.

The woman told the Australian Transport Safety Bureau (ATSB), that she was sleeping and listening to music about two hours into the flight when she heard an explosion. Read more

Saudi deputy crown prince, Trump meeting a ‘turning point’ – Saudi adviser

Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman and U.S. President Donald Trump agreed in a meeting on Tuesday that Iran represents a regional security threat, a senior adviser to the deputy crown prince said

The adviser also said the talks marked a “historical turning point” in U.S.-Saudi relations. Read more



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