August 21, 2017

*Boko Haram Kills 10 in Adamawa* *Scarcity: NNPC raises hope*

*Boko Haram Kills 10 in Adamawa* *Scarcity: NNPC raises hope*

 Sabinews Morning News Update for May 25, 2015

 

BillionaireJackpot

National

 

Boko Haram Kills 10 in Adamawa

The Chairman of Madagali Local Government Area of Adamawa State, Maina Ularamu, has confirmed the incessant attacks on his area by the Boko Haram insurgents.

He also revealed that the insurgents, at the weekend, stormed Kwamda-Kobla village in his council area slaughtering ten people. Read more

Scarcity: NNPC raises hope

The lingering fuel scarcity may continue till next month, considering marketers’ insistence on being paid the balance of over N200billion subsidy arrears owed them by the Federal Government.

It was learnt that the situation is getting worse because the Nigerian National Petroleum Corporation (NNPC) can only meet 50 per cent of the national demand and the oil marketers that supply the remaining 50 per cent have refused to import since last month. Read more

Chief Imam of Jos, Balarabe Dies at 86

The Chief Imam of Jos Central Mosque, Sheikh Zakariyya Balarabe Dawud, is dead.

He died Sunday in a private hospital at Dadin Kowa, Jos, after a brief illness, at the age of 86.
Confirming the death the on behalf of the family his eldest son, Abdul’alem Balarabe Dawud, said: “The Imam had just died, after an operation that was successfully done three days ago. Read more

Bamidele Upbraids APC Leaders for Listing Conditions for him to Defect to Party

Barely a week he defected to All Progressives Congress (APC) from Labour Party, a member of the House of Representatives, Hon. Opeyemi Bamidele, yesterday upbraided some aggrieved  APC leaders in Ekiti State,  for declaring that  he would have to sign undertaking before he could be recognised  in the party.

Bamidele, who defected into  APC last week, described the listing of conditions for him before could be recognised in the party,  as not only  antithetical to democratic norms and ethos, but hypocritical and smack of ignorance about  the  party’s modus operandi on the part of these party leaders. Read more

Jonathan in Dilemma over Acceptance of BoT Chairmanship Post

As the Board of Trustees (BoT) of the Peoples Democratic Party (PDP) met last night  to appoint a replacement for the former chairman, Chief Tony Anenih, who resigned last week, there was fear that if the out going President Goodluck Jonathan accepts the offer of being the next chairman  it might present PDP as a regional party.

Also, there is the fear that Jonathan is trying to grab all the structures of the party in his pocket against all other major stakeholders. Read more

IG Taskforce Arrests Two Policemen on Illegal Checkpoint Duty

The Inspector General of Police (IG) Task Force charged with enforcing the ban on police checkpoints, yesterday arrested two policemen on illegal checkpoint duty at the Okota area of Lagos.

The IG, Solomon Arase, had as one of his cardinal programmes pledged to clear police checkpoints, even as he deployed 16 teams nationwide to enforce the ban. Read more

Boko Haram Members Have Killed Over 13000 – NSA

The Office of the National Security Adviser (ONSA) yesterday disclosed that the outlawed Boko Haram Islamic sect has killed not fewer than 13000 innocent citizens, made 500,000 homeless and destroyed many schools, churches and mosques in the Northern part of Nigeria since 2002.

This revelation was made at the private viewing of “TWISTED NARRATIVES”, a Documentary on Boko Haram organized by the NSA himself, Col Mohammed Sambo Dasuki in a booklet distributed to guests presented. Read more

NANS Kicks against Zuma’s Inauguration Visit

Ahead of the May 29 presidential inauguration ceremony of Gen. Muhammadu Buhari, the National Association of Nigerian Students (NANS), has called on the South African President, Jacob Zuma, to stay away from the event, saying his visit will be an insult to the sensibility of Nigerians over his poor handling of the xenophobic violence.

According to a statement issued on Sunday in Abuja by its President, Tijani Usman,  NANS described  Zuma’s inability to apologise to Nigeria like he did to Mozambique in spite of the sacrifices the country made for South Africa as unfortunate. Read more

Buhari to unveil anti-corruption strategy

To show his determination to rid Nigeria of corruption, the president elect, General Mohammadu Buhari, after his inauguration on Friday, will unveil his anti-corruption strategy, Vanguard learnt yesterday.

The Strategy will be such that will put Nigerians with corruption baggages on their toes and make them to return their loots back to the federal government coffers even less persuasion. Read more

Caverton Director Elected to Board of HeliOffshore

Caverton Offshore Support Group Plc (COSG), one of the leading providers of marine, aviation and logistics services to local and international oil and gas companies in Nigeria has announced the election of Capt. Josiah Choms (PhD), Managing Director, Caverton Helicopters to the Board of HeliOffshore.

HeliOffshore is a global safety-focused organisation formed by major providers of offshore helicopter transportation namely Bristow, CHC, ERA and PHI. Read more

Unpaid salaries: NLC backs strike in states

The national leadership of the Nigeria Labour Congress, NLC, said yesterday that the labour movement was in support of some state chapters of the union embarking on strike over backlog of unpaid salaries by some of the outgoing governors.

Some state branches of the NLC had threatened to down tools today and join Plateau State that had gone on strike following the inability of some of the state governors whose tenures expire this week to pay workers salaries for several months. Read more

One killed in Ibadan OPC factional clash

The crisis rocking Oyo State chapter of the Odua Peoples Congress, OPC, Oyo State chapter, took a new twist yesterday evening with the death of one of its members, Dauda, fondly called ‘Eranla’ in Apete, Ibadan.

National Mirror learnt that some members of the group from Bere, also in Ibadan, launched an attack on their Apete counterparts, as the Apete group headed by one ‘Bendel’, which the Bere group claimed were no longer registered members of OPC in the state. Read more

Your Strike is a Threat to National Security, NMA Tells Allied Health Workers

Rather than thaw, the crisis of confidence between the doctors and their allied health workers’ counterparts grew from bad to worse yesterday as the Nigerian Medical Association (NMA), an umbrella body of doctors, expressed its dismay over the ongoing strike by the health workers which began on May 17.

The National President of the NMA, Dr. Kayode Obembe accompanied by national officers of the union and local wings of the body from across some states of the federation said “after a careful appraisal of the renewed disruption of industrial peace in the health sector in recent times, we are saddened as to what the seeming conspiratorial gang-up portends to national security, economy and general well-being.” Read more

Fashola Decries Non-use of Number Plates by Governors, Diplomats

Lagos State Governor, Mr. Babatunde Fashola, on Sunday said it was illegal for chief executive officers of some states and members of the diplomatic corps not to use number plate of properly register their vehicles.

The governor, also, said the state government had perfected plans to set aside a specific date, which he said, would give the youths bearing illegal weapons to surrender them to the nearest police station in the state. Read more

Ngilari: War Not over Yet, Insurgents are Infiltrating IDP Camps

The Governor of Adamawa State, Bala Ngalari, has warned that the ongoing war against Boko Haram terrorists is far from over, even as he raised the alarm that some of their members are disguised as Internally Displaced Persons (IDPs) and infiltrated most of the camps.

Ngilari disclosed this at the weekend in Abuja while speaking with some journalists after the formal presentation and official launch of the biography of the Chief of Defence Staff (CDS), Air Chief Marshal Alex Badeh, titled: ‘Destiny Calling My Name’. Read more

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Economy

UBA Wins Corporate Citizens Award

United Bank for Africa (UBA) Plc said it recently won the Corporate Citizens Award in the ‘Extensive Compliance Category, at an event organised by the Corporate Affairs Commission (CAC).

The bank in a statement at the weekend, said it received the award in Abuja. Read more

Ecobank Nigeria Secures $15m Credit

Ecobank Nigeria Limited at the weekend said it had secured and utilised a credit line under the United States Department of Agriculture (USDA) Export Credit Guarantee Program.

The program, according to the bank, provides credit guarantee to encourage commercial financing of US agricultural commodity exports, thereby assisting US exporters in making sales that might not otherwise occur. Read more

Expert Lists Challenges of Insurance Industry

Insurance expert  and Deputy Managing Director of Linkage Assurance Plc  Dr Pius Apere  has listed the challenges facing Nigerian insurance industry, adding that these have reduced the industry’s  contributions to the Gross Domestic Product(GDP)  of the economy to as low as less than one percent.

Apere who is also an actuarial scientist  and a chartered insurer in a statement made available to THISDAY  highlighted the industry’s challenges as human capacity development, information technology problem, risk and capital management problem, market development challenges, product pricing problem, product innovation and poor image  perception problem. Read more

Foreign Investors still foot-dragging on Nigeria despite electoral success

There are indications that foreign investors may be considering ‘holding-action’ on Nigerian economy contrary to wide-spread expectations and speculations that the huge success in the country’s recent general election was going to spur foreign investment inflow spontaneously.

Holding-action defines foreign investors’ behavior when uncertainties still restrains actual investment action amidst good opportunity and firm decision to move in. Read more

Banks gain N470bn liquidity from CRR harmonisation

There are indications that banks gained additional liquidity of N470 billion from the harmonisation of Cash Reserve Ratio (CRR) by the Central Bank of Nigeria (CBN). The CRR is the amount of customers deposits that banks are mandated to keep as cash. Prior to last week, the CRR for public sector deposit was 75 percent, while that of private sector deposit was 20 percent.

But the Monetary Policy Committee (MPC) of the apex bank at the end of its meeting last week, decided to harmonise the CRR for public sector and private sector deposit to 31 percent. This, according to the Committee was informed by the need to curb abuses that may be occasioned by the dual CRR policy. Read more

AMCON Recovers 57% of Bad Debts Bought in Bank Crisis

The Asset Management Corp. of Nigeria said it has recovered 57 percent of the bad debts it took on five years ago to rescue banks in Africa’s largest economy from collapse.

“We’re a little bit behind, but not too far behind, what we expected,” Chief Executive Officer Mustafa Chike-Obi said in an interview in Lagos. “The courts are a constraining factor. As much as we want to carry a hammer, we still have to go through the court system and remain an institution that obeys the laws. That takes time.” Read more

Oil and Gas

Non-Metering: How Nigeria Lost N4.25trn Oil Money

As the riddle of the missing $20bn oil money is yet to be solved, fresh facts from the nation’s oil and gas sector have indicated that a whopping N4.2tr ($25bn) may have been lost from oil terminals due to lack of metering facilities in all oil terminals in the country.

LEADERSHIP investigations last week revealed that operational losses since 2012 when the minister of trade and investment, Olusegun Aganga, moved to review the procedures for the issuance of export permits in the oil and gas sector amounted to $7.5bn (N1.5tr) annually, aside the over N400bn that a Senate panel reported that year. Read more

Manufacturers seek deregulation of oil sector

Manufacturers warned at the weekend that the economy would die, if the crippling fuel scarcity continues.

The Lagos Chambers of Commerce and Industries (LCCI) called for a drastic response to the situation which, it said has a risk of social unrest. Read more

Fuel scarcity: Capital Oil breaks ranks, to release 70m litres

Capital Oil and Gas Industries Limited said it was releasing, last night, about 13 million litres, approximately 400 trucks, of petroleum products including premium motor spirit, popularly called petrol, to ease the scourge of the endemic fuel scarcity that Nigeria had been plunged into.

The company will release a total of 70 million litres in the coming days. Read more

PENGASSAN to Buhari: Technocrats, not politicians should run NNPC

The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has said the incoming administration of President-elect, Muhammadu Buhari, must ensure that technocrats, not politicians, head the board of Nigerian National Petroleum Corporation, NNPC.

The union said it was the only way government can move towards “achieving effectiveness and curbing wastages of our resources and potentials to improve accountability and optimisation across the polity and economy.” Read more

‘NPDC cannot operate divested Shell’s assets’

The Nigerian Petroleum Development Company (NPDC), the exploration and production arm of the Nigerian National Petroleum Corporation (NNPC), lacks the capacity to operate the divested Shell and partners’ oil blocks transferred to it by the government, sources at the state-run oil firm said at the weekend.

They told The Nation that the NPDC and NNPC workers’ strike over transfer of the operatorship of the oil blocks to their private sector joint venture partners, is baseless because the assets are grossly under-produced for lack of technical and financial capabilities on the part of NPDC. Read more

Power

Fuel crisis worsens nation’s power problems

The current nationwide scarcity of refined petroleum products has reached a crisis point with a litre of petrol selling for between N200 and N600 in many parts of the country, while diesel, household kerosene and liquefied natural gas have also become elusive.

Also, with power generation dropping to an all-time low of 1,327 megawatts, most Nigerian households are now living without electricity as they have also run out of fuel to power their generators. Read more

Ondo electricity workers protest unpaid severance allowance

Hundreds of former staff of the defunct Power Holding Company of Nigeria, PHCN, in Ondo State, at the weekend, marched into the streets of Akure, the state capital, to protest failure of the Federal Government to pay their severance allowances.

The protesters carried placards with inscriptions such as ‘We served for over 15 years without pay, benefits’, ‘We are dying, please help us’. Read more

Streamline electricity tariff to reflect actual consumption, MAN urges Buhari

The Manufacturers Association of Nigeria (MAN), yesterday, urged the incoming government to streamline electricity tariff to reflect the actual consumption by the industries instead of the current use of estimated bills.

The president of MAN, Dr. Frank Jacobs, made this call at the media luncheon held at MAN’s house, adding that, if the electricity tariff is streamlined, it will drive further improvement in power supply and create a special electricity tariff lines for heavy users of electricity like steel, cement and other strategic sub-sector. Read more

Sports

Eagles to Play ‘Katsina 11’ for Stadium Launch

As part of plans to commission the new Karkanda Stadium in Katsina, Nigeria’s Super Eagles will, on Tuesday, play a select Katsina side in a friendly game.

The Eagles, made up of entirely domestic football players, will file out against the Katsina select side in the state capital at the 35,000-capcity stadium which was recently completed by the state government under the administration of Governor Ibrahim Shema. Read more

AFCON 2017: Keshi Calls up 13 for Chad

Coach Stephen Keshi has invited goalkeeper and skipper Vincent Enyeama and 14 other overseas –based professionals for next month’s 2017 Africa Cup of Nations qualifying match against Chad in Kaduna.

The three-time FIFA World Cup star is joined by defenders Godfrey Oboabona and Kenneth Omeruo, midfielders Ogenyi Onazi and Babatunde Michael and forward Ahmed Musa, who were all at last year’s FIFA World Cup finals in Brazil. Read more

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Flying Eagles get $2000 camping allowance

In a bid to boost the morale of the Flying Eagles ahead of the 2015 FIFA U-20 World Cup in New Zealand, the Nigeria Football Federation (NFF) has paid the camp allowance of the team, sources have revealed to SL10.

Each player was paid $2000 for the duration of the training tour the team embarked on in Germany. Read more

Federer fumes after fan’s on-court selfie

Roger Federer blasted French Open organisers on Sunday after a fan breached tight security and raced on to court to grab a selfie with the Swiss great.

The 17-time Grand Slam winner had just completed a routine 6-3, 6-3, 6-4 win over Colombia’s Alejandro Falla when he was shocked to see a young fan sprinting towards him on the showpiece Philippe Chatrier Court. Read more

Otu, Ifidzhen win CBN Open

Thomas Otu and Melissa Ifidzhen have emerged as new champions in the men’s and women’s singles events at the 37th Central Bank of Nigeria Open Senior Tennis Championship in Lagos.

In the finals on Sunday, which was postponed by a day due to the rains on Saturday, Otu came from a game down to beat Michael Moses 3-6, 6-3, 6-4. Read more

NBBF donates to kids

The Nigeria Basketball Federation (NBBF) over the weekend through its Community Outreach Programme, donated food and other materials to a Motherless Baby Home, Hearts of Gold Children’s Hospice, a palliative and respite home for abandoned children with mental and physical disability, Autism, Hydrocephalus, Cerebral Palsy, Down syndrome and Dylesxia.

The Outreach involves reaching out to kids and the less privileged in the society, a tradition of the NBBF which was introduced last season on a day before the All Stars game is played. Read more

B’ball: Usman powers Savannah to All Star victory

The 2014 All Star Most Valuable Player and Kano Pillars’ guard, Abubakar Usman, over the weekend led Savannah Conference team to win the 2015 NBBF/DStv All Star Game at the Indoor Hall of the National Stadium, Lagos.

Savannah Conference led Atlantic Conference and dominated in the four quarters of the encounter by out-dunking their opponent 102- 66. Read more

World News

Nobel winner Nash killed in New Jersey

Mathematician John Nash, a Nobel Prize winner whose longtime struggle with mental illness inspired the movie A Beautiful Mind, was killed in a car crash along with his wife in New Jersey, state police said on Sunday.

The couple were in a taxi when the driver lost control, crashed into a guard rail and hit another car on Saturday afternoon on the New Jersey Turnpike, said police. Read more

Thousands attend funeral of Burundi opposition leader

Thousands of mourners on Sunday attended the funeral of a Burundi opposition figure assassinated in a drive-by shooting in the capital Bujumbura.

The killing of Zedi Feruzi, who led a small opposition party, further ratchets tensions after weeks of violence including a failed coup over the Burundian president’s decision to seek an unconstitutional third term. Read more

Zuma marks Africa Day, calling for unity

South African President Jacob Zuma on Sunday marked Africa Day, pledging to continue working in unity and to make Africa a continent of hope for the youth and future generations.

“Africa Day is a celebration of African progress. We have a lot to celebrate and we have a lot to look forward to. It is also a day to reflect on challenges that still remain,” Zuma said on the occasion of the Africa Day celebrations in Mamelodi, Pretoria. Read more

Isis Syria crisis: Islamists execute 400 people after capturing Palmyra

Islamic State (Isis) militants have executed at least 400 people in Palmyra since capturing the ancient city, according to Syrian state media.

“The terrorists have killed more than 400 people… and mutilated their bodies, under the pretext that they cooperated with the government and did not follow orders,” Syria’s state news agency said, citing residents inside the city. Read more

Three dead and eight missing in Texas flash floods

Three people were killed yesterday while at least eight others have been reported missing in flash-flooding and severe storms in Texas and Oklahoma.

Captain Jason Farley, a fire fighter, died while helping rescue 10 people trapped in northeast Oklahoma, when he was swept into a drainage ditch. A 33-year-old woman was killed in Tulsa when a car smashed into the one she was in. Read more

Iraqi Troops Start Fight Back Against IS

Iraqi and pro-government forces are starting their counter-offensive to reclaim land recently taken by Islamic State – but the effort is immense and many are questioning whether the Iraqi army is up to the task.

We took a ride with the Iraqi Air Force in Karbala to their forward operating base.  Read more

Jailed Venezuelan opposition leader Leopoldo Lopez goes on hunger strike

The jailed leader of the Venezuelan opposition, Leopoldo Lopez, has declared he is on a hunger strike and called for a protest march next weekend against the socialist government.

Lopez, the best-known opposition activist in custody, was jailed more than a year ago for his role in instigating street protests against the president, Nicolás Maduro, that led to violence in which 43 people died and hundreds more were injured. Read more

Australia to Bring Home Bodies of 25 Who Died in Vietnam War

Australia announced Monday that it will repatriate the remains of up to 25 Australian soldiers killed about 50 years ago during the Vietnam War.

Australia has only repatriated the remains of its war dead killed in foreign countries since January 1966, but the 25 Australian soldiers killed in Vietnam before the policy change were left buried in cemeteries in Malaysia and Singapore, despite their families’ objections. Read more

Kids on their own among migrants who arrived in Indonesia

It was just the two of them, brother and sister, out on the open ocean with hundreds of other desperate migrants, mostly Rohingya Muslims fleeing their homes in Myanmar. For nearly three months, the siblings comforted each other when rolling waves thrashed their boat, when their empty bellies ached and when they were beaten for trying to stand up to stretch their legs.

As the oldest, Mohammad Aesop – just 10 years old – knew it was his job to keep his 8-year-old sister safe. But with the Thai crew wielding guns and threatening to throw troublemakers overboard, he felt helpless. Read more

Polish president concedes election defeat to conservative challenger

Polish President Bronislaw Komorowski conceded defeat to conservative challenger Andrzej Duda in Sunday’s presidential election, a result that will set alarm bells ringing for the government, which faces its own election race later this year.

Komorowski had originally been seen as a shoo-in for another term in office, and his defeat reflected a desire among voters for new faces, and a sense that Poland’s new-found prosperity was not being shared out equally. Read more

Burma’s birth control law exposes Buddhist fear of Muslim minority

Despite fierce campaigning by women rights groups and an international outcry, Burma has introduced a birth control law which opponents say is aimed at ethnic minorities.

The controversial bill is one of four pieces of legislation driven by nationalist Buddhist monks who fear that the Muslim population is growing too quickly. Read more

Saudi forces and Yemen’s Houthis trade heavy fire, border crossing hit

Saudi forces and Yemen’s Houthi militia traded heavy artillery fire which destroyed part of the main border crossing between the two countries overnight, residents said on Sunday, an escalation of the two-month war.

The Haradh border crossing, the largest for people and goods between the world’s top oil exporter, Saudi Arabia, and its impoverished neighbour, was evacuated amid shelling which razed its departure lounge and passport section, witnesses said. Read more

 

 

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