Sabinews Daily News Update for September 23, 2015
Boko Haram kills 27 in fresh Monguno bombing
Twenty-seven persons were killed and 62 others injured during bomb attacks on Monguno, a town about 135 kilometres from Maiduguri, the capital of Borno State.
A member of the youth vigilante group, Idris Baba, told our correspondent on Tuesday that the Monguno attack happened at about the same time 54 persons were killed through bombs planted by members of the Boko Haram Islamic sect in Maiduguri on Sunday. Read more
Buhari meets Ban-Ki Moon, Obama, others at UN
President Muhammadu Buhari will leave Nigeria for New York on Thursday for a series of meetings and interactions with notable world leaders at the 70th Session of the United Nations General Assembly.
The President is scheduled to hold talks with the UN Secretary-General, Mr. Ban-Ki Moon, President Barack Obama of the United States, President Francois Hollande of France, Prime Minister David Cameron of Britain, Chancellor Angela Merkel of Germany, President Vladmir Putin of Russia, President Xi Jinping of China, and Prime Minister Narenda Modi of India, among others. Read more
Auditor-General uncovers pension fraud in C’ River
There are indications that some officials of the Cross River State Local Government Pension Board might lose their job and face prosecution over an N8m fraud.
This was contained in a petition sent by the Cross River Auditor-General for Local Government, Mr. Anthony Ayine, to the Cross River State House of Assembly. Read more
Illegal flights: British firm pays N11m fine to NCAA
The Nigerian Civil Aviation Authority has imposed a fine of N11m on a British firm, Gama Aviation, for allegedly flying its Bombardier Global Express plane into and within Nigeria illegally.
The affected company has consequently paid N7m fine to the NCAA and another $20,000 (N3.9m) to the Nigeria Airspace Management Agency. Read more
FG begins preparation of 2016 budget
The Federal Government on Tuesday began the process of the preparation of the 2016 budget for the country.
The fiscal document for 2016 will be based on six policy thrusts and it is aimed at stimulating growth and reducing the level of poverty in the economy. Read more
Salaries: Ondo workers protest
Ondo State workers yesterday in Akure, the state capital, marched on the office of the accountant general at Alagbaka to demand for payment of their three- month salary arrears
The protesters carried placards with various inscriptions, such as “Ondo Government, where is our bailout money?”; “Accountant General must go”; “N14:68bn bailout fund fixed by Mimiko”; “Hardship is getting worse”, among others. Read more
Senators: we won’t change our opinion of Saraki
A group of senators yesterday expressed support for embattled Senate President Bukola Saraki in his ongoing trial at the Code of Conduct Tribunal (CCT).
In a statement signed by Senator Ibrahim Abdullahi Danbaba (Sokoto South) on behalf of others, the lawmakers said the trial was mischievous, vindictive and politically-motivated. Read more
Alleged corruption: Amaechi sues PDP, others for ‘false claims’
Former Rivers State Governor Rotimi Amaechi has sued the Peoples Democratic Party (PDP), its State Chairman Chief Felix Obuah and two others – Jerry Needam and Chris Konkwo – for false allegations at an Abuja High Court.
Amaechi, the former Chairman of the Nigeria Governors’ Forum (NGF), is also demanding N300 billion as general damages done to him and the defamation of his character, reputation and person. Read more
NAPTIP Arrests Five-member Trans-Atlantic Prostitution Syndicate
Operatives of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP) have finally cracked and arrested five female members of a trans-Atlantic prostitution syndicate, who specialised in sending Nigerian girls to Dubai for prostitution.
THISDAY gathered that the syndicate had successfully lured unsuspecting Nigerian girls to Dubai and forced them into prostitution against their will. Read more
Police to Tackle Gender-based Violence Perpetrators
The Inspector-General of Police (IG), Solomon Arase, has assured the Federal Ministry of Women Affairs and Social Development of his total support on the clampdown on perpetrators of violent crimes and other gender-based violence against women and other vulnerable persons.
The IG made this known when he played host to a delegate from the ministry led by the Permanent Secretary, Dr. Ezekiel Oyemomi, in his office at the Force Headquarters, Abuja. Read more
Sylva Emerges APC Governorship Candidate in Bayelsa
Former Governor of Bayelsa State, Chief Timipre Sylva, was on Tuesday declared the winner of the All Progressives Congress (APC) governorship primary held in Yenagoa.
He was announced the winner by a member of the Adams Oshiomhole committee, Hon. Nelson Alapa. Read more
Economy could slip into recession, CBN warns
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday warned that the country’s economy could slip into recession by next year if proactive steps were not taken by the Federal Government to revive key sectors.
It also reduced the Cash Reserves Requirements for banks from 31 per cent to 25 per cent; but retained the Monetary Policy Rate at 13 per cent. Read more
TSA: 300 MDAs yet to comply, says FG
The Federal Government on Tuesday said that about 600 out of its 900 Ministries, Departments and Agencies had so far complied with the directive on the Treasury Single Account.
This means that about 300 of the MDAs missed the September 15 deadline set by the government for all the MDAs to comply with the new policy. Read more
Recapitalisation: SEC compiles list of compliant capital market operators
The Securities and Exchange Commission (SEC) is putting finishing touches to the final list of capital market operators with adequate minimum capital base, seven days to the deadline. They are the ones which will continue with their business in the fourth quarter.
A source at SEC confirmed the development, saying this arose following the receipt of final updates from capital market operators. Read more
Companies look to fourth quarter for capital raising
The primary market would be quite active in the fourth quarter as many companies plan to kick off their capital raising during the period.
The Nation’s investigation indicated that not less than six companies night raise some N160 billion in the fourth quarter, more than N156 billion raised by eight companies in the first three quarters. Read more
Oil and Gas
‘Absence of middlemen good for kerosene market’
A petroleum products dealer and operator of the Nipco Filling Station, Fadeyi, Lagos State, Mr. Kayode Adepoju, has said eliminating middlemen in the kerosene supply value chain is the best thing that can happen to the market.
He said the activities of middlemen, who used to issue pro-forma invoices to marketers before now, were the reasons for the high price of the product. Read more
NNPC refining plans thrill NLC, oil workers, marketers
Without the passage of the Petroleum Industry Bill (PIB), the construction and operation of greenfield refineries will be pretty difficult. All the licensees want to be sure of how they will recoup their investments.
The government has no business in doing business. Therefore, the Federal Government will privatise the refineries after reaching an understanding with the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG). Read more
Fed Govt spends N222b on fuel subsidy
The Federal Government has spent N222.1billion on fuel subsidy from January to July this year, the Permanent Secretary, Federal Ministry of Finance, Mrs. Anastasia Daniel-Nwaobia, has said.
Mrs Daniel-Nwaobia, told the House of Representatives panel investigating the implementation of the capital component of this year’s budget, said a supplementary budget would be sent to the National Assemble to cover what has been spent so far. Read more
Nipco sells kerosene at N50 per litre
The Nipco filling station at Fadeyi, Lagos Mainland yesterday sold kerosene at N50 per litre.
Residents with jerry cans of various sizes formed long queues at the kerosene pump to partake of the largesse. Read more
Oil sinks more than 2.5% on uncertain global outlook
Crude oil prices fell on Tuesday, reversing a steep rally the previous day, under pressure from uncertainty over whether global demand will be enough to erode a sky-high surplus.
Volatility has picked up this week, as the outlook for crude has been muddied by data pointing to the market possibly having stabilised after losing more than half its value in a year, and the persistence of the highest global surplus in modern times. Read more
Nigeria’s petroleum, power sectors under ‘change’ mantra
Since the inception of the new administration, better days seem to be ahead for the nation’s power, oil and gas sector. Though, power supply is still far less than the country requires to drive economic growth, there has been appreciable improvement in electricity generation since June this year.
Also, the on-going clean up at the Nigerian National Petroleum Corporation (NNPC), has been seen as a move that will transform the country’s oil and gas sector. Read more
Enugu customers boo EEDC workers
Enugu Electricity Distribution Company workers yesterday received the hot side of their customers when they were booed, snared at and abused for reportedly keeping them waiting for hours in the scorching sun.
The angry customers were said to have arrived the EEDC office at Amechi Street in Achara Layout, Enugu South Local Council of Enugu State as early as 7.45 am yesterday to pay their electricity bills but were shocked over “the sluggish and poor attitude” of the workers at EEDC, who were said to be battling with accommodation/ space challenges which reportedly hindered their smooth operation. Read more
World nuclear body projects 25% growth by 2050
World Nuclear Association has emphasized the need for the global nuclear industry to aim to achieve a 25 per cent share of world electricity production by 2050.
Director-General of the association, Agneta Rising, said in a statement it would need to add 1000 gigawatts of new generation capacity to achieve the desire level. Read more
Ifeanyi Ubah demands N3m for Sani Kaita
Nigeria premier league club FC IfeanyiUbah have demanded N3 million as transfer fee from Kano Pillars for ex-Nigeria star Sani Kaita.
AfricanFootball.com first reported that Kaita is set for a sensational return to hometown club Pillars after he dumped IfeanyiUbah over an alleged breach of contract. Read more
Mikel Needs To Be Committed To S’Eagles –Eguavoen
Former Super Eagles coach and captain, Austine Eguavoen, has called on Mikel Obi to be more committed to the country anytime he is invited.
Mikel was recalled to the team for the two international friendly matches against Congo and Cameroon in Belgium after he was left out in Nigeria’s 0-0 draw against the Taifa Stars of Tanzania in a 2017 Africa Cup of Nations qualifier early this month. Read more
Bad news for Arsenal manager Arsene Wenger as he parts ways with wife
Arsenal boss Arsene Wenger has split from his wife after months of speculation about the state of his marriage, it has been claimed.
The Gunners chief and long term lover Annie, 59, are said to have agreed a financial package and divided up their assets. Read more
AfroBasket Women 2015: D’ Tigress lands in Cameroun
Two time AfroBasket champion, D’ Tigress of Nigeria has touched down in Cameroon ahead of this year’s AfroBasket 2015 Women Championship.
Secretary General of the Nigeria Basketball Federation, NBBF confirmed the team’s arrival stressing that the team left early to enable them acclimatise. Read more
FIFA Presidency: Hayatou assures Nigeria of support
President of the Confederation of African Football (CAF), Issa Hayatou, has assured Nigeria of support ahead of next year’s FIFA presidential election, even as more stakeholders drummed support for former Abia State governor, Dr Orji Uzor Kalu who they have urged to run for the soccer top job.
Hayatou’s assurance came early this week when the President of Nigeria Football Federation (NFF), Amaju Pinnick visited him in Yaounde, Cameroon. Read more
Boko Haram fighters die in clashes with Cameroon army
At least 17 fighters from the Nigerian Islamic extremist group Boko Haram have died in clashes with Cameroon troops in the border town of Amchide, informed sources said Tuesday, APA reports quoting Press TV.
“Fifteen Boko Haram (fighters) were killed Tuesday and several others injured,” a source close to regional authorities told AFP after the clash.In the nearby village of Gouzoudou meanwhile two women carried out a botched suicide attack, injuring two farmers. Read more
Guinea officials call on Canada to help expand Ebola vaccine program
Canada’s experimental new Ebola vaccine has been so effective in halting the lethal disease that it should be expanded to five million people in high-risk regions of West Africa, but a looming shortage of the vaccine could severely curtail its success, says the Ebola czar in one of the worst-afflicted countries.
Clinical trials have raised hopes that the Canadian vaccine could be crucial in helping end the Ebola crisis, with early results showing it has been 100-per-cent effective in its first trials in Guinea, the impoverished West African country where the latest outbreak began in December, 2013. But with fresh cases of Ebola still stubbornly persisting in Guinea this month, health workers are rapidly depleting their supplies of the vaccine, according to Sakoba Keita, national co-ordinator of the Ebola response in Guinea. Read more
Ghana to relocate its Embassy in Cairo
Efforts are being made to relocate Ghana’s foreign mission in Cairo, Egypt, the Minister of Foreign Affairs, Ms Hanna Serwaa Tetteh, has disclosed to the Daily Graphic.
Ghana’s Embassy in Egypt is currently located on the 126th of July Corridor Street, Lebanon Square, in the district of Mohandessin, west of Cairo. Read more
Malawi’s President Appeals for International Food Aid
Malawi’s President Peter Mutharika has appealed for international help to cope with an expected food shortage that could affect 17 percent of the country’s population during the coming months.
In his national address on the food situation on Monday, Mutharika said people in 25 of the country’s 28 districts are at risk of hunger. Read more
Deposed Burkina Faso president Michel Kafando to be returned to office after coup
The leader of Burkina Faso’s recent coup is expected to return power on Wednesday to the transitional president he overthrew as coup leaders and the army signed an agreement late Tuesday to end a tense standoff.
The Economic Community of West African States, the regional economic block known as ECOWAS, also demanded the junta lay down their arms and for Burkina Faso’s military not to attack coup supporters as it prepares to return transitional leader Michel Kafando to power. Read more
Burkina Faso Soldiers Enter Capital As Peace Talks Begin
Burkina Faso soldiers entered the capital Ouagadougou late on Monday night without resistance from the elite presidential guard who led a coup last week, a senior military source said.
At the same time, talks between army leaders and the presidential guard on the terms of the latter’s surrender began in central Ouagadougou, the source told Reuters. Read more
Bodies of 8 Mexico tourists killed in Egypt attack return home
The bodies of eight Mexican tourists killed by mistake in an Egyptian air raid returned home on Tuesday (Sept 23) and were sent to forensic investigators amid diplomatic discord over the incident.
The tourists were killed along with four Egyptians on Sept 13 when they came under fire during a lunch break in Egypt’s vast Western Desert while on their way to the Bahariya oasis. Read more
Kenyan cops find drugs in ship carrying trucks from Mumbai for UN mission
The Narcotics Control Bureau (NCB) in Mumbai has been put on the trail of an international drug cartel following the recovery of a huge cache of white powder, suspected to be cocaine, at the Mombasa port in Kenya. The recovery was made from a Norwegian-flagged vessel, the Hoegh Transporter, whose last port of call was Mumbai.
The drugs were found concealed in the tyres of some of 257-odd trucks, manufactured by a renowned automobile company in India, which were supposed to be delivered to the Congo for a United Nations peacekeeping mission. Some lethal weapons, including AK-47s, have also been recovered from inside the trucks. Read more
Pope starts U.S. trip with modesty, tone of conciliation
Pope Francis launched his first visit to the United States with a characteristic gesture of humility on Tuesday, and sent a conciliatory message to the world’s wealthiest nation about his frequent criticism of capitalism.
After a red carpet welcome by President Barack Obama at an air base near the capital, the 78-year-old Argentine headed off to Washington not in a limousine as is customary but in a modest Fiat. Read more
U.N. agency may delay plane tracking proposed after MH370
The United Nations agency that oversees civil aviation may delay a plan to require that airlines track the location of their planes by two years, to 2018, according to an internal report seen by Reuters.
The International Civil Aviation Organization (ICAO) had proposed that by November 2016, all large aircraft carrying passengers report their position at least once every 15 minutes, part of a broader plan meant to avoid a repeat of the disappearance of Malaysian Airlines flight MH370. Read more
FBI recovers private emails from Clinton server – Bloomberg
The FBI has recovered emails from a private server used by Hillary Clinton while secretary of state that she said were deleted because they involved personal matters, Bloomberg reported on Tuesday, citing a source familiar with the investigation.
The FBI is examining the server to see whether any information, including classified data, was mishandled. Bloomberg quoted its source as saying the investigation would take at least several more months. Read more
Turnbull says Australia will continue to press Egypt to pardon Peter Greste
Malcolm Turnbull says his government will continue to press the government of Egypt to pardon Australian journalist Peter Greste, and his al-Jazeera colleagues, Mohamed Fahmy and Baher Mohamed.
Turnbull paid tribute to Greste’s courage and dedication to truth telling during a speech in Canberra on Wednesday honouring war correspondents. Read more
On U.S. visit, China’s president seeks to reassure on trade, security
Chinese President Xi Jinping, facing a skeptical audience on the first day of his week-long visit to the United States, sought to reassure business and government officials over a long list of irritants between the countries, from economic reform to cyber attacks, to human rights and commercial theft.
Delivering a keynote address to some 650 business executives and other guests in Seattle, Xi touched on a litany of issues that have strained U.S.-China ties. Read more
U.S. judge rules copyright for ‘Happy Birthday’ invalid
A U.S. judge on Tuesday ruled that Warner/Chappell Music does not own a valid copyright to one of the world’s most recognizable songs, “Happy Birthday to You,” a decision that brings the song into the public domain.
The highly-anticipated ruling comes in a putative class-action lawsuit filed by several artists against Warner/Chappell, the music publishing arm of Warner Music Group, over the song in 2013 seeking a return of the millions of dollars in fees the company has collected over the years. Read more
Asian Stocks Down on Weak China Data, Auto Shares Sell-Off
Asian stock markets declined Wednesday as a global sell-off given impetus by the Volkswagen emissions scandal was exacerbated by weak Chinese factory data.
KEEPING SCORE: Hong Kong’s Hang Seng sank 2 percent to 21,355.85 and South Korea’s Kospi was 0.8 percent lower at 1,967.01. China’s Shanghai Composite Index fell 1.3 percent to 3,144.96 and Australia’s S&P/ASX 200 dropped 1.1 percent to 5,049.50. Stocks in Southeast Asia were also lower. Japan’s stock market is closed until Thursday for public holidays. Read more
At least five Chinese police reported killed in Xinjiang knife attack
At least five police officers have been stabbed to death by separatists in a knife attack at a coal mine in China’s violence-prone far western region of Xinjiang, U.S.-based Radio Free Asia reported on Wednesday.
The incident happened last Friday at the Sogan colliery in Aksu, the report said, citing police from the area. Dozens were also injured, it said. Read more
Netflix forced to alter Pocahontas blurb after PC brigade argue it’s sexist and racist
The blurb for the 1995 Disney film read: “An American Indian woman is supposed to marry the village’s best warrior, but she yearns for something more – and soon meets Capt. John Smith.”
But Dr Adrienne Keene argued that the description was “like a porn or a bad romance novel” and said the use of the words ‘woman’ and ‘yearns’ was “so gross”. Read more