July 17, 2018

*Buhari Rules out More Naira Devaluation* *18 Killed in Fresh Attack on Plateau Community*

*Buhari Rules out More Naira Devaluation* *18 Killed in Fresh Attack on Plateau Community*

Sabinews Daily News Update for September 17, 2015


National News

Buhari Rules out More Naira Devaluation

President Muhammadu Buhari has said he is opposed to a weakening of the naira and endorsed the Central Bank of Nigeria’s (CBN) policy of restricting foreign exchange trading.

“I don’t think it is healthy for us to get the naira devalued,” Buhari said in an interview in Paris with France 24 broadcast on Wednesday. The central bank is providing ample foreign exchange to “essential services, industries,” he said. Read more

18 Killed in Fresh Attack on Plateau Community

No fewer than 18 persons were reportedly killed at Kadunung village in Mangu Local Government Area of Plateau State by gunmen.

The gunmen numbering over 100, on Wednesday allegedly invaded the village, killed and injured several persons. Read more

Troops Arrest 33 Food Suppliers of Boko Haram

The Nigerian troops conducting intensive patrols and vigilant operations in the North-east have continued to yield positive results with the arrest of 33 suspected food suppliers to Boko Haram terrorists in the Damboa axis around Azir-Wajiroko road, Borno State.

This was disclosed in a statement issued Wednesday by the Director of Army Public Relations, Col. Sani Usman. Read more



Saraki to CCB: I will See You in Court

Senate President, Dr. Abubakar Bukola Saraki, on Wednesday vowed to see in court soon the Code of Conduct Bureau (CCB) and those believed to be behind his recent charges by the Code of Conduct Tribunal over assets declaration.

In a statement by his media aide, Alhaji Yusuph Olaniyonu, Saraki, who claimed he was yet to be served the court processes as at the time of his reaction, believed that the move by the CCB was influenced by external forces bent on coming after him because of his recent stance on national issues. Read more

Ooni: Court Stops Giesi from Producing Candidate

Following the formal announcement by the kingmakers in Ile-Ife requesting nomination of candidates from the Giesi Ruling House for the selection process of the next Ooni of Ife, the Lafogido Ruling House has been granted injunction by an Osogbo High Court of Justice to stop the process.

The injunction, which was granted yesterday evening by Justice A. A. Aderibigbe, was sequel to a suit filed by the Lafogido ruling house seeking a restraining order against the Osun State Governor, Rauf Aregbesola; the Obalufe of Ife, Oba Solomon Omisakin and the Lowa of Ile-Ife, Chief Joseph Ijaduola, pending the determination of the matter before the court. Read more

Rivers Govt: Amaechi’s Refusal to Appear before Panel is Admission of Guilt

The Rivers State Government has said the refusal by former Governor Chibuike Amaechi to appear before the judicial commission of inquiry set up by Governor Nyesom Wike to probe the sale of valued assets of the state and other matters was an admission of guilt.

In a statement issued in Port Harcourt on Wednesday, the Special Adviser on Media to Wike, Opunabo Inko-Tariah, also said it was wrong for anybody to think that the Justice George Omereji Commission of Inquiry was set up to indict Amaechi. Read more

CAS: NAF Aerial Bombardment Has Destroyed Boko Haram Vehicles, Movement

The Chief of Air Staff (CAS), Air Marshall Sadiq Abubakar, has disclosed that the ferocious and sustained aerial assault by the Nigerian Air Force (NAF) personnel involved in Operation Lafiya Dole has destroyed the bulk of the Hilux and other vehicles used by Boko Haram terrorists to wreak havoc in the North-east.

Abubakar disclosed this yesterday at the NAF Headquarters Abuja, during the Standards and Evaluation Seminar  with the theme: ‘The Imperative of Standards and Evaluation in the Nigerian Air Force.’ Read more

Ambode Earmarks N8.6bn for Employment Fund, Security Intervention

In what appears to be his first major anti-unemployment measure, Lagos State Governor, Mr. Akinwunmi Ambode, has earmarked a whopping sum of N8.6 billion to contain the alarming incidence of unemployment and security challenges in the state.

Aside, the governor allocated N3.16 billion for contingency fund, N8.40 billion for special expenditure and N1.07 billion for completion of various projects, which the defunct Ministry of Rural Development commended under the last administration. Read more

APC Shifts Bayelsa Guber Primary to Tuesday

The All Progressives Congress (APC) has rescheduled the Bayelsa State governorship primary for Tuesday next week.

The Deputy National Publicity Secretary of the APC, Mr. Timi Frank, in statement in Abuja, said the postponement was a directive from the National Chairman of the party, Chief John Odigie-Oyegun. Read more

Ex-Senate Leader, Ndoma-Egba, dumps PDP

After six months of speculation, a former Senate Leader, Victor Ndoma-Egba (SAN), has formally resigned his membership of the Peoples Democratic Party on Wednesday.

In a resignation letter he personally signed and addressed to the PDP Chairman in his Akparabong Ward of Ikom Local Government Area of Cross River State, Ndoma-Egba cited reasons which necessitated his exit from the party. Read more

ICPC arraigns five ex-directors over N670m fraud

Five former senior civil servants of the Ministry of the Niger Delta Affairs have been arraigned by the Independent Corrupt Practices and Other Related Offences Commission over an allegation that they stole over N670m belonging to the Federal Government.

They were arraigned before Justice Huseini Baba of the Federal Capital Territory High Court in Abuja, on Wednesday. Read more

No Nigerian varsity makes world’s first 700 – Report

No Nigerian university is in the first 700 higher institutions of learning in the world and the first 18 in Africa, according to the QS World University Rankings 2015/16.

The report was released onwww.topuniversities.com on Tuesday. Read more

Saudi to give families of dead pilgrims N70m each

Families of the six Nigerian pilgrims who died in the last Friday’s crane collapse in Saudi Arabia’s grand Mosque will get N70 million each.

They will also be entitled to two Hajj slots each next year to be fully paid for by the Saudi government. Read more

EFCC declares ex-presidential aspirant wanted

The Director-General of the National Task Force to Combat Illegal Importation of Small Arms, Ammunition and Light Weapons, (NATFORCE), Emmanuel Osita Okereke,   has been declared wanted by the Economic and Financial Crimes Commission (EFCC) for jumping bail.

Okereke was a former presidential aspirant on the platform of the Nigeria Liberation Party (NLP). Read more

Nigerians overstay visits to US, says Immigration chief

United States (U.S.) Consul Affairs Chief Mr William Laidlaw yesterday said Nigerians overstay visits about seven per cent of the time.

Laidlaw spoke when the U.S. Consulate General in Lagos hosted reporters on a tour of consular activities. Read more

Customs chief vows to prosecute smugglers

The Comptroller-General, Nigeria Customs Service (NCS)  Col. Hameed Ali (rtd)  has vowed to arrest and prosecute any one caught in the act of smuggling, promising that under his watch, all avenues of revenue leakages will be blocked.

A statement endorsed by NCS Deputy Public Relations Officer, Mr. Joseph Attah, explained that the Customs chief gave the commitment during his maiden meeting with officers and men of the NCS at the Customs Headquarters in Abuja. Read more

Akwa Ibom Election Tribunal: Drama as Witness ‘Can’t Read’

A mild drama occurred at the Akwa Ibom National Assembly Election Petition Tribunal on Wednesday in Abuja when suddenly one of the witnesses of embattled former governor Godswill Akpabio, Mr. Stanley Annah from Ikot Ekpene, dramatically turned blind when given the card reader report to state the total number of accredited voters for Ikot Ekpene. Read more


DMO: Bond Market Remains Attractive Despite JPMorgan Delisting

The Director General of the Debt Management Office (DMO), Dr. Abraham Nwankwo, on Wednesday reassured Nigerians that the recent announcement by JPMorgan Chase & Co. to phase out Federal Government of Nigeria (FGN) Bonds from its Government Bond Index-Emerging Markets (GBI-EM) would not have a negative impact on the country’s bond market.

He said even though the share of allotment at the auctions to foreign investors dropped from 15.51 per cent in 2003 to 3.34 per cent in 2014, the domestic bonds market has remained stable and internally-driven. Read more

TSA Deadline: AGF Monitors Compliance, Commends MDAs

The Accountant General of the Federation (AGF) Ahmed Idris has commended all ministries, departments and agencies (MDAs), which complied with the presidential directive on the transition to the Treasury Single Account (TSA) with the Central Bank of Nigeria (CBN), in view of the September 15 deadline.

A statement by the spokesperson in the Office of the AGF, Mrs, Kenechukwu Offie, said: “Idris while expressing satisfaction with the level of compliance affirmed that the Treasury Single Account has come to stay,” adding that compliance was indicative that Nigeria was at the threshold of a new era of transparent and accountable management of public finances. Read more

BoI’s Financial Support for Creative Industry Hits N2bn

With seven projects presently accessing its facilities and another 10 at different stages of loan approval, the Bank of Industry (BoI) has unveiled plans to facilitate access of members of Nigerian Creative Industry to its facilities, as intervention to the sector hits N2 billion.

Speaking during a visit to the set of a film by Kunle Afolayan, the Managing Director, BoI, Rasheed Olaoluwa, explained that the bank had restructured its operations to improve access to its services, adding that the peculiarity of each sector was being considered for loan disbursements. Read more

‘How NNPC’s measures ‘ll impact on economy’

The Nigeria Labour Congress (NLC) yesterday said the measure the Nigerian National Petroleum Corporation (NNPC) is adopting to provide petroleum products for the country will help the country .

Its General Secretary, Dr. Peter Ozo Eson described the strategies as “correct measure” that will attract private investors to build refineries in the country. Read more

Oil and Gas

ExxonMobil Begins Crude Oil Production in Erha North Phase 2

United States oil giant, ExxonMobil Corporation, Wednesday announced that its subsidiary, Esso Exploration and Production Nigeria Limited (EEPNL), has started oil production five months ahead of schedule at the Erha North Phase two project offshore Nigeria.

The world’s largest publicly traded international oil and gas company also noted that Erha North Phase two came on stream $400 million below the budget estimate, with Nigerian contractors accounting for more than $2 billion of project investment for goods and services, including subsea equipment, facilities and offshore installation. Read more

SAP Advises Oil and Gas Firms to Embrace Technology Solutions

Software Application (SAP) has stressed the need for the Oil and Gas sector to continue to embrace technology solutions, especially in turbulent times, to enable it effectively confront the current challenges besetting the global oil and gas industry.

Industry stakeholders have equally called for the consolidation of processes within the sector to deliver operational excellence as well as eliminate the inefficiencies bedevilling the system. Read more

Chevron, contractors’ row deepens as NUPENG protests

The row between Chevron Nigeria Limited and some employees of companies contracted by the oil major deepened on Wednesday as members of the Nigerian Union of Petroleum and Natural Gas Workers stormed its offices in Lagos, Port Harcourt and Warri in protest.

Chevron, however, described the protests as contrary to the advice of the Federal Ministry of Labour and the order of the National Industrial Court. Read more

Nigeria still flares 20% of gas, says operator

At least, 20 per cent of associated gas produced yearly in the country is still being flared, enough to generate 6,000 megawatts (Mw) of electricity, the Managing Director, Energy and Mineral Resources Limited (EMR), Abiola Ajayi, has said.

Ajayi, who spoke to The Nation, said the yearly gas production stands at about 1.8 trillion standard cubic feet (tcf). Read more


GE refurbishes subsea ‘Christmas trees’ for growth

General Electric (GE) has embarked on the refurbishment of its Subsea Christmas Trees, to boost its operation.

Subsea Christmas tree is an assembly of valves, spools, and fittings used for oil, gas wells, water injection well, condensate well, among others, in the oil and gas industry. Read more


Crazy bills: CPC to prosecute Benin power firm

The Consumer Protection Council has announced the commencement of prosecution proceedings against the Benin Electricity Distribution Company for violating the CPC’s enabling Act in the ongoing investigation of the activities electricity distribution firms following complaints by consumers.

The council is currently carrying out investigation into the activities of power distribution companies in response to numerous complaints from consumers on issues relating to estimated billing and the non-provision of meters for consumers. Read more



Falcons’ coach blames poor feeding for loss

Super Falcons interim coach Christopher Danjuma has attributed his team’s loss to Cameroun in the semi finals of the 11th All African Games  to improper feeding.

According to the coach,” Cameroun could not have beaten Nigeria if the girls had been properly fed at the ongoing All Africa Games in Congo Brazzaville”. Read more

World News

Mozambique declared free of landmines

Mozambique has removed its last known landmine after two decades of work to get rid of the explosives.

Close to 171,000 landmines were removed, according to the Halo Trust, a British charity that led the clearance. Read more

Somalia piracy feared as illegal foreign fishing rises

Piracy in Somali waters, which was almost eliminated last year, may be reemerging as public anger grows at increasing illegal foreign fishing.

Foreign fleets are reducing fish stocks, causing resentment among Somali coastal communities and threatening maritime security, a report released yesterday says. Read more

Three suspected ‘jihadi brides’ arrested in Mtwapa on their way to Garissa 

Three female terror suspects were yesterday arrested in Mtwapa on their way to Garissa with an assortment of gadgets police believe were to aid a terror attack in Garissa.

Two of them were girls aged between 15 and 18 years who police say were to cross to Somali to join Al Shabaab as “jihadist brides”.  Read more

Ban ‘outraged’ by Burkina Faso detentions, calls for release

The United Nations Secretary General Ban Ki-moon expressed outrage on Wednesday at reports of the detention of Burkina Faso’s president and prime minister and several ministers, calling for their immediate release.

The presidential guard burst into a cabinet meeting earlier on Wednesday and arrested the interim president. The move comes less than a month before an election to complete a transition back to democracy after a popular uprising toppled Burkina’s long-time ruler last year. Read more

Joburg student, 20, arrested for child porn

A 20-year-old university student has been arrested for being in possession of child pornography, Gauteng police said on Thursday.

The Computer Sciences student, who attends university in Johannesburg, was arrested in Melville on Wednesday. He later appeared in the Johannesburg Magistrate’s Court, Brigadier Vishnu Naidoo said. Read more

PR bungle blamed for SA nuclear deal confusion

The public relations surrounding the announcement of South Africa’s framework agreement with Rosatom in 2014 was not handled correctly, sources in Russia said this week.

Russia is not the only country in the running to win South Africa’s Nuclear Build Programme, which would bring 9 600 MW into Eskom’s electricity mix. Read more

Panic grows as Ceres strike hits exports

A week-long strike in the Ceres district of the Western Cape is threatening fruit exports to Europe and has aggravated fears that it could lead to violence that accompanied the 2012 farmworkers strike in the province.

The strike, which started on Monday last week, has seen business activity in some of the surrounding farms come to a standstill and protesting workers preventing trucks from leaving or entering the region. Read more

Gold watch found in South Africa belonged to WWI soldier from Daventry

An appeal has been made to reunite a gold watch with the descendants of the decorated First World War soldier from Daventry who owned it.

The watch was recently bought at a flea market in Cape Town, South Africa, and is inscribed with the details of RSM Oliver Charles Dipper DCM, who served with the Northumberland Fusiliers in the 1914-18 conflict. Read more

Saudi diplomat accused of rape withdrawn from India

Saudi Arabia has withdrawn the diplomat accused of repeatedly raping and torturing two Nepali maids working at his home near New Delhi, ending an awkward diplomatic incident for India.

The case had caught India between Saudi Arabia, one of its largest oil suppliers, and Nepal, a small neighbour where it is battling with China for influence. Read more

China will work with U.S. on hacking, defend its interests – official

China opposes Internet attacks and wants to work with the United States in cyberspace but will defend its interests, a senior Chinese official said on Thursday after U.S. President Barack Obama warned of a forceful response to Beijing over hacking.

Tensions over cyber security will take centre stage during a trip by Chinese President Xi Jinping to Washington next week, Xi’s first state visit to the United States. Read more

China’s island airstrips to heighten South China Sea underwater rivalry

China’s apparent construction of a third airstrip on its man-made islands in the disputed South China Sea could fill a gap in Beijing’s anti-submarine defences, complicating operations for the U.S. Navy and its allies, Chinese and Western experts said.

While most attention has been on the power projection China would get from its new islands in the Spratly archipelago, China could also use them to hunt rival submarines in and beyond the strategic waterway, they said. Read more

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